OT: Gas Prices, Seen this on PCH Options

[Mueller]

Yes, Louisiana. ...on vacation (IMG:style_emoticons/default/smile.gif)

[PlantMan]

I am a believer that our low prices here is actually the US's way of sticking it to the Middle East, primarily ISIS, Iran, etc for all the crap going on there. Less money to make from expensive oil and one other reason that the US's chief export is again oil. Flood the market with as much oil as you can.
I am also a big believer that we should use up everyone else's oil before using ours.
...but again I am just a landscape architect and not a politician.
(IMG:style_emoticons/default/biggrin.gif)

[ConeDodger]

$1.89 in Sacramento, higher in Nevada believe it or not! (IMG:style_emoticons/default/blink.gif)

[7TPorsh]

Still $2.60 + in LALA land....Los Anjeless

[0396]

Well, we can enjoy lower gas prices while the stock market continues to drop and drag down one's 401.

[r_towle]

Well, we can enjoy lower gas prices while the stock market continues to drop and drag down one's 401.

That just proves that the stock market is rigged.
In reality, economic forecasts of every market that uses oil, trucking, food, everyone, should be going up and stock prices are supposed to be tied to future earnings.

Oil prices drop, operational costs go down, profit increases.
More disposable income for people to spend on things besides oil....

It should help boost the economy.

The stock market is not real, but long term reality will pull it back up ounces we see more retail sales, and higher earnings for the base commodities.

[somd914]

Regular is running low $1.60s out here, but premium is running around $2.20. Go figure, for many years as gas first climber through the $2 point and up over $4 around here, premium typically ran $0.15-$0.25 a gallon more. Don't understand the large delta now, especially after spending the last two weeks in San Diego where premium was typically $0.15 more.

No matter, gas is but a small part of our budget, even with four drivers, probably true for most, yet, like postage stamps, a small increase in price and people complain loudly. But I watched natural gas prices fluctuate wildly for fourteen years in our last house, and now propane for the last two years in this house. With natural gas we witnessed upwards of $150/month differences over a course of a few years for the same consumption, yet not a word out of the public.

[EdwardBlume]

2.69 for premium in Danville this AM. Got to love that special CA gas.

[tweet]

I am a believer that our low prices here is actually the US's way of sticking it to the Middle East, primarily ISIS, Iran, etc for all the crap going on there. Less money to make from expensive oil and one other reason that the US's chief export is again oil. Flood the market with as much oil as you can.
I am also a big believer that we should use up everyone else's oil before using ours.
...but again I am just a landscape architect and not a politician.
(IMG:style_emoticons/default/biggrin.gif)

If the U.S. really wanted to stick it to other countries we would have mandated laws and funded alternatives to gasoline powered engines. About 100 years ago 1/3 of cars were gas. 1/3 were steam, and 1/3 were gas powered. But, when this was happening the likes of oil magnets and monopolies were all the rage. Guess who won out? It wasn't the guys who control water... wait, no one controlled water back then because it was ludicrous, but they sell water today don't they. As for running out of oil, we will all be dust before that happens. The shortages are fiction of market manipulation as someone else mentioned. They are actually sticking it to us right now. The effect this will have is that the oil sand companies here and in Canada will cease operation. They need oil to be at a certain price point to operate in the black. What effect due you think all this will have in Canada and here in the oil related business and all other ancillary businesses? The same effect it had with mortgages and banking in 2008 and beyond if they do it long enough. Take the money that you are saving on gas and whatever else and save it, because you will need it later when you lose your non-oil related job. This is the other shoe dropping.

[malcolm2]

Be on the look out for a $10 a barrel EXECUTIVE ORDER in the next 12 months. BHO does not even have any Dems saying they will vote for a gas tax. That means XO is coming.

I wish we would just use our own oil and be done with all this WORLD MARKET crap.

If all these alternative fuels were going to become viable, someone would have made them work (without govm'nt $) when gas prices were $4/gal. This is just BHO trying to push it along with an oil tax. Govm'nt just needs to stay the hell out of it on either end....

Don't give any tax $ to anyone, corn, windmills, solar, coal, oil nobody needs any help. Let's just let the system work. If there is a TRUE demand, someone will make it work.

[Chris H.]

Got this on the way home last night...of course premium is $.60-$.90 more but it's CHEAP for Chicago area. Topped up my daughter's Civic for $10. TEN DOLLARS!