Price of gasoline
Thread Starter
Senior Member
True Car Nut
Joined: Mar 2004
Posts: 3,066
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From: Ames, Iowa
Price of gasoline
In Ames, Iowa today, gasoline is at $2.23/gallon for 89 octane ethanol (10% ethanol), regular unleaded is $2.28 and premium is $2.49.
We have now been properly conditioned to think that these prices are low! Still, if we complain about what causes the increases, should we wonder why prices are now falling?
I remember at the beginning of this summer, so-called "experts" on TV predicting that gas would be at least $4/gallon by labor day.
Nonetheless, I will not be rushing out to buy a Hummer.
We have now been properly conditioned to think that these prices are low! Still, if we complain about what causes the increases, should we wonder why prices are now falling?
I remember at the beginning of this summer, so-called "experts" on TV predicting that gas would be at least $4/gallon by labor day.
Nonetheless, I will not be rushing out to buy a Hummer.
Junior Member
Joined: Mar 2003
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From: Purgatory
Originally Posted by 2000SilverBullet
It is all about supply and demand.
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Expert Gearhead
Joined: Dec 2002
Posts: 20,893
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From: Mississauga, Ontario
End of summer driving season
No industry regulation
Less then expected Atlantic hurricane damage
Middle East cease fire (Lebanon/Israel)
New oil well found in Gulf of Mexico
Record 2nd quarter profit in the oil industry
Less then expect negative impact on damaged oil line in Alaska
Price are not low, but we are now succesfully conditioned to accept these "new low prices"
Hooray
:?
No industry regulation
Less then expected Atlantic hurricane damage
Middle East cease fire (Lebanon/Israel)
New oil well found in Gulf of Mexico
Record 2nd quarter profit in the oil industry
Less then expect negative impact on damaged oil line in Alaska
Price are not low, but we are now succesfully conditioned to accept these "new low prices"
Hooray
:?
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Certified GM nut
Joined: Jan 2004
Posts: 1,656
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2.11 here in Ponca City OK. Everything JimW mentioned, PLUS I feel that more people are driving more economy cars and leaving the big SUV/* trucks more idle than they used to. I have not driven my Silverado in almost a year, I start it once in awhile and move it to mow, thats about it.
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Posts like a Supercharger
Joined: Dec 2005
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From: montreal,canada
im glad they are dropping, its just like one of those things like taxes and death.. something u cant escape..paying any ammount for gas.
im getting 89 gas @ 95.4/Litre
im getting 89 gas @ 95.4/Litre
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Certified GM nut
Joined: Dec 2004
Posts: 2,077
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From: Port Charlotte FLORIDA
dont worry fuel is stgill expensve round here. well its drop a tit but nothing worth mentioning. like 279 a gallon for the cheap its been that way all summer long....
btw thats for 87 octane
btw thats for 87 octane
