Gas prices! 11 years later same price

[JayG]

Lowest price near me $2.69 reg and $2.89 prem @ Costco
other wise $3.09/$3.29 for 76

[boxster6354]

Houston area lowest I have seen were:
Regular $1.97
Premium $2.37

[lkchris]

Other car is Merc GL320CDI, so great to have diesel cheaper than gasoline, too.

[kk2002s]

South NJ = Citgo regular $1.85
Their Premium $2.29

Shell VPower (My choice) $2.49

With the low gas $ I'm going to take another, off the cuff, 1900 mile drive down to Florida. Could be less than $200 for fuel

[cas951]

76, Shell and Chevron are all about the same here in the Bay Area.
$2.99
$3.09
$3.19

Arco, Safeway and other non branded stations are about .13 cents less.

[Porsche Chick]

It's because we're waging a silent economic war with Russia. Oil is the biggest export for Russia.

Diamonds are going down. Gold is still low. Big Russian moneymakers.

Enjoy it while you can. I know I am. :dance:

[EJ-Fresno]

Originally Posted by Porsche Chick

It's because we're waging a silent economic war with Russia. Oil is the biggest export for Russia.

Diamonds are going down. Gold is still low. Big Russian moneymakers.

Enjoy it while you can. I know I am. :dance:

Agree. Saudi Arabia is not dropping production hoping to bring down major players.
And the US encourage them, since it hurts Russia!

[Perfectlap]

Originally Posted by kk2002s

South NJ = Citgo regular $1.85
Their Premium $2.29

Shell VPower (My choice) $2.49

With the low gas $ I'm going to take another, off the cuff, 1900 mile drive down to Florida. Could be less than $200 for fuel

It's always interesting how close NJ and FL always are on gas prices.
Well at least in Central Florida, I don't get down to South Florida during summer...still too way humid.

Originally Posted by Porsche Chick

It's because we're waging a silent economic war with Russia. Oil is the biggest export for Russia.

Diamonds are going down. Gold is still low. Big Russian moneymakers.

Enjoy it while you can. I know I am. :dance:

I believe it's because the perception of future demand has finally fallen in line with the reality. Even back when crude was above $100 global production was outpacing actual consumption. At those inflated prices everyone turned on the spigot because costs could be recouped and still turn a big profit. But now that China has hit their inevitable slow down from a series of unsurprising financial mistakes the bidders seem to be back firmly on planet Earth. Asia and the Euro zone have some problems that aren't gong away anytime soon no matter what happens in Russia.
Instead of diamonds and gold I'm buying stock in these energy companies that pay out decent dividends.
Energy is still in the top four of best asset classes over 20 the last years, even at $2 gas those guys have no shortage of customers.

[Porsche Chick]

Originally Posted by Perfectlap

I believe it's because the perception of future demand has finally fallen in line with the reality. Even back when crude was above $100 global production was outpacing actual consumption. At those inflated prices everyone turned on the spigot because costs could be recouped and still turn a big profit. But now that China has hit their inevitable slow down from a series of unsurprising financial mistakes the bidders seem to be back firmly on planet Earth. Asia and the Euro zone have some problems that aren't gong away anytime soon no matter what happens in Russia.
Instead of diamonds and gold I'm buying stock in these energy companies that pay out decent dividends.
Energy is still in the top four of best asset classes over 20 the last years, even at $2 gas those guys have no shortage of customers.

Check the timing on the oil downturn, it started pretty close to when Putin invaded Ukraine. But that's okay, hubby doesn't believe me either.

I agree and I am keeping a close eye on Exxon and Chevron, I think they can drop a little more.

[Porsche9]

Originally Posted by Porsche Chick

Check the timing on the oil downturn, it started pretty close to when Putin invaded Ukraine. But that's okay, hubby doesn't believe me either.

I agree and I am keeping a close eye on Exxon and Chevron, I think they can drop a little more.

Picked up USO a couple weeks ago at $12.80. It's above $15 today. If it goes down into the 12s again it time to pick up some more. I've seen this ride too often before not to take advantage.