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View Full Version : Average U.S. Gas Prices Drop 25 Cents


Donger
10-24-2005, 08:35 AM
http://news.yahoo.com/s/ap/20051024/ap_on_bi_ge/gas_prices;_ylt=AhKBPgedpltqB.v8mMzoaa2s0NUE;_ylu=X3oDMTA3MjBwMWtkBHNlYwM3MTg-

CAMARILLO, Calif. - Retail gas prices across the nation fell an average of 25 cents in the past two weeks as refineries in the Gulf Coast steadily resumed production, according to a survey released Sunday.

Still, prices remained slightly higher than pre-Hurricane Katrina levels.

The weighted average price for all three grades declined to $2.69 a gallon on Oct. 21, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey of 7,000 gas stations around the country.

Self-serve regular averaged $2.66 a gallon nationwide. The price for midgrade was $2.76, while premium-grade hit $2.86.

The average pump price for all three grades is still 3 cents per gallon higher than before Hurricane Katrina barreled into the Gulf Coast, Lundberg said.

Several factors contributed to the recent decline, including a seasonal decrease in demand and the resumption of production at many refineries knocked off-line by hurricanes Katrina and Rita.

"The supply and demand were grossly out of balance and remain somewhat out of balance in the gas market," Lundberg said. "But that balance is normalizing as refining capacity is brought back up."

Lundberg said she expected the cost-cutting to continue in the coming weeks unless an extreme winter drives up heating oil demand and affects the price of crude oil and its derivatives.

The lowest average price in the nation for regular unleaded among the stations surveyed was $2.20 a gallon in Tulsa, Okla. The highest price was $3.01 in Honolulu.

Donger
10-24-2005, 08:35 AM
Let's keep demand low, folks.

Phobia
10-24-2005, 08:37 AM
I've seen it well under $2.20 in KC.

I need to know when Deisel will follow.

Lzen
10-24-2005, 08:38 AM
Yeah, I noticed that they have gone down a lot since August. I still want to see gas get back under $2 a gallon, though. It was nice for a change to fill up my truck this weekend for $2.13 a gallon.

Lzen
10-24-2005, 08:39 AM
I've seen it well under $2.20 in KC.

I need to know when Deisel will follow.

Oh yeah, that's gotta suck for you. Diesel is still around $3-$3.50 a gallon here.

Saulbadguy
10-24-2005, 08:45 AM
Noone really believed me when I said Gas would be under $2.00 within a year.

Saulbadguy
10-24-2005, 08:45 AM
Yeah, I noticed that they have gone down a lot since August. I still want to see gas get back under $2 a gallon, though. It was nice for a change to fill up my truck this weekend for $2.13 a gallon.
Keep your eye on the station at 6th & Clay. They were at $2.09 recently.

Donger
10-24-2005, 08:47 AM
I've seen it well under $2.20 in KC.

I need to know when Deisel will follow.

I wouldn't expect it to drop as gasoline has. Not the right time of year, I'm afraid.

Kyle401
10-24-2005, 08:48 AM
Diesel is closely related to #2 heating oil which is in high demand right now. Diesel prices will probably remain fairly high through the winter.

*edit* Demand for Diesel usually drops some around mid-November as most farmers and heavy construction (earthmovers etc.) crews are not working during that time. The price may fall a little then.

Donger
10-24-2005, 08:49 AM
Noone really believed me when I said Gas would be under $2.00 within a year.

It's possible, but I think unlikely. I think it will bottom out right around $2.20, national retail average.

Iowanian
10-24-2005, 09:03 AM
Call me when it gets down where it really needs to be....$1.40-$1.50.

Personally...I'd like to see pillaging and refinery construction until its 1.25......only long enough to develop the renewable fuels far enough to tell the Oil producing nations to Eff off.......and use US/Tejas/friendly oil for our petroleum based manufactured products.

ROYC75
10-24-2005, 09:17 AM
CAN SOMEBODY GIVE ME A GOOD REASON WHY DIESEL HAS NOT DROPPED ?

OK, I had my little fit for the day, but diesel price's has major implications on my business .

Frosty
10-24-2005, 09:26 AM
It was nice for a change to fill up my truck this weekend for $2.13 a gallon.

Geez, I was excited when it fell to $2.79 over the weekend. Now I'm pissed. :mad:

Donger
10-24-2005, 09:27 AM
CAN SOMEBODY GIVE ME A GOOD REASON WHY DIESEL HAS NOT DROPPED ?

OK, I had my little fit for the day, but diesel price's has major implications on my business .

The simple answer? Because demand for diesel is at its annual peak right now.

htismaqe
10-24-2005, 09:32 AM
I got some this morning for $2.17 along my usual route.

I'm guessing that our local Wal-Mart is under $2.10 right now.

BigMeatballDave
10-24-2005, 09:35 AM
$2.35

Pitt Gorilla
10-24-2005, 09:37 AM
Let's keep demand low, folks.
That's what I was thinking. We've seemingly done a good job in driving less. We've also had an impact on the demand for more efficient cars. We need to keep up the good work and keep the demand low. This is one of those "boycotts" that really worked. :clap:

Pitt Gorilla
10-24-2005, 09:38 AM
Call me when it gets down where it really needs to be....$1.40-$1.50.

Personally...I'd like to see pillaging and refinery construction until its 1.25......only long enough to develop the renewable fuels far enough to tell the Oil producing nations to Eff off.......and use US/Tejas/friendly oil for our petroleum based manufactured products. Yup.

Lzen
10-24-2005, 09:39 AM
Keep your eye on the station at 6th & Clay. They were at $2.09 recently.

Yep, Baloch Mart is the name. And that's the one I was talking about. It was $2.10 on Friday, but they had raised it to $2.13 by the time I got a chance to get some gas on Saturday. I would've stopped in on Friday, but the lines of cars out to the street changed my mind. In the end, itt cost me about 50-60 cents. /shrug

Donger
10-24-2005, 09:41 AM
That's what I was thinking. We've seemingly done a good job in driving less. We've also had an impact on the demand for more efficient cars. We need to keep up the good work and keep the demand low. This is one of those "boycotts" that really worked. :clap:

No question about it. I think the number was 3% drop in demand last month when compared to one year ago.

That may not sound like much, but it really is quite significant.

Of course, whether or not people remember what it was like at $3.00 and continue to reduce demand is the question. But, it did show that we can all have a significant impact on the price of gasoline.

Donger
10-24-2005, 09:43 AM
Yep, Baloch Mart is the name. And that's the one I was talking about. It was $2.10 on Friday, but they had raised it to $2.13 by the time I got a chance to get some gas on Saturday. I would've stopped in on Friday, but the lines of cars out to the street changed my mind. In the end, itt cost me about 50-60 cents. /shrug

Gee, I wonder why the price went up.

Hydrae
10-24-2005, 09:53 AM
$2.43 here in Austin. I want to know why it is more expensive here than KC, that makes no sense.

Donger
10-24-2005, 09:54 AM
$2.43 here in Austin. I want to know why it is more expensive here than KC, that makes no sense.

Everything's bigger in Texas.

Hoover
10-24-2005, 10:22 AM
Keep fu@king doubting George W. Bush!

sd4chiefs
10-24-2005, 10:26 AM
NOOOOOOOO! My energy stocks are crashing. :banghead:

Bob Dole
10-24-2005, 10:45 AM
Someone should tell the greedy bastards down here that the price is dropping.

$2.16 in Lamar, MO yesterday and climbed higher the farther Bob Dole drove south. Still $2.59 here...

luv
10-24-2005, 10:49 AM
It was 2.19 here yesterday. It's been going down a few cents everyday. I haven't been out yet today, so who knows. It could be lower than that now.

Phobia
10-24-2005, 11:19 AM
Someone should tell the greedy bastards down here that the price is dropping.

$2.16 in Lamar, MO yesterday and climbed higher the farther Bob Dole drove south. Still $2.59 here...

If you would move north to be nearer your family this would not be an issue.

StcChief
10-24-2005, 11:45 AM
Never back to where it was. Moving up a ladder, sliding scale.

jiveturkey
11-04-2005, 11:44 AM
$2.01 at the Costco on 124th & Metcalf.

$1.98 at Holmes and Red Bridge.

jspchief
11-04-2005, 11:45 AM
It's been 1.99 here for a week.

chagrin
11-04-2005, 11:47 AM
I know here in Orlando last Friday, I filled up for 2.59 a gallon and last night I filled up again, but this time it was 2.39. It pains me to feel gratfeul for a 2.39 per gallon price for friggin gasoline...bastards

Pitt Gorilla
11-04-2005, 11:50 AM
We're at about 2.14, which really isn't too bad. I just hope we Americans keep the demand low so that we can see prices continue to fall. If you've seen the new ads from Ford, Chevy, etc., you know that people are demanding more fuel efficient vehicles. The oil companies may have injured the golden goose.

Uatu
11-04-2005, 11:52 AM
Saw $1.96 on the way to work today.

Saulbadguy
11-04-2005, 11:53 AM
1.99 some areas of Kansas. Under $2.10 here.

Stinger
11-04-2005, 11:54 AM
Paid $1.97 this morning PBJ PBJ

luv
11-04-2005, 11:55 AM
Paid $1.97 this morning PBJ PBJ
Really? It was $1.94 at the Kum-N-Go on West Republic Road yesterday. Did it go back up?

Lzen
11-04-2005, 11:59 AM
I filled up the truck a couple days ago at $2.05. First time in a long time that I've been able to do that for under $50. The lowest price in Topeka is $2.03.

BTW, Bob Dole posted this site awhile ago in another gas prices thread. I thought I'd post it again for those who haven't seen it. Very useful site.

www.gasbuddy.com

Saulbadguy
11-04-2005, 12:01 PM
Heh. The lowest price in Topeka is $2.03, but people wait in line for like 10 minutes just get gas at that place. They probably burn more gas by doing that then they are saving.

Lzen
11-04-2005, 12:02 PM
Keep your eye on the station at 6th & Clay. They were at $2.09 recently.

Yep, Baloch Mart is the name. And that's the one I was talking about. It was $2.10 on Friday, but they had raised it to $2.13 by the time I got a chance to get some gas on Saturday. I would've stopped in on Friday, but the lines of cars out to the street changed my mind. In the end, itt cost me about 50-60 cents. /shrug

I just realized that I was thinking of the wrong station. That one you were talking about, Saul, is called Quick Stop. They don't have pay at the pump, though. The one I was talking about is at 6th & Lane.

Lzen
11-04-2005, 12:04 PM
Heh. The lowest price in Topeka is $2.03, but people wait in line for like 10 minutes just get gas at that place. They probably burn more gas by doing that then they are saving.

Eh, I don't bother to stop if it looks like I'll have to wait in line more than 5 minutes. Besides, the Star mart down the street from me at 6th and Summit is only $2.07. I'll just fill up there next time.

chagrin
11-04-2005, 12:04 PM
I was $1.94 at the Kum-N-Go on West Republic Road yesterday.


Giggitty!

luv
11-04-2005, 12:05 PM
Giggitty!
:shake:


I'd be at least $2.

Saulbadguy
11-04-2005, 12:05 PM
A few weeks ago people were telling me that Star Mart screwed up the price and put the decimal in the wrong place, so people were getting gas for 23 cents a gallon. Heh.

chagrin
11-04-2005, 12:07 PM
:shake:


I'd be at least $2.


I'm sorry sorry Luv, I just had to!

Lzen
11-04-2005, 12:09 PM
A few weeks ago people were telling me that Star Mart screwed up the price and put the decimal in the wrong place, so people were getting gas for 23 cents a gallon. Heh.


:eek: Why didn't you tell about this?

Donger
11-04-2005, 12:11 PM
This thread has far too few anti-oil company rants in it.

Slackers.

Saulbadguy
11-04-2005, 12:13 PM
:eek: Why didn't you tell about this?
Only lasted for an hour or two.

Donger
11-04-2005, 12:14 PM
BTW, national retail average was $2.48 on Monday.

jiveturkey
11-04-2005, 12:15 PM
BTW, national retail average was $2.48 on Monday.F@ckin' oil jerks!

How was that? :)

4th and Long
11-04-2005, 12:17 PM
BTW, national retail average was $2.48 on Monday.
I paid $1.96/gallon yesterday. :)

Lzen
11-04-2005, 12:31 PM
This thread has far too few anti-oil company rants in it.

Slackers.

I still think there was some gouging going on after the hurricanes. But I, like a lot of Americans, cut my usage as much as possible. The old supply and demand worked, I guess. Either way, I still want the price to go back under $2 a gallon.

Donger
11-04-2005, 12:44 PM
I still think there was some gouging going on after the hurricanes. But I, like a lot of Americans, cut my usage as much as possible. The old supply and demand worked, I guess. Either way, I still want the price to go back under $2 a gallon.

Peh. That's weak. I'm looking for a full-on rant, with lots of exclamation points and incorrectly-spelled words.

Pitt Gorilla
11-04-2005, 01:02 PM
This thread has far too few anti-oil company rants in it.

Slackers.
Mine was sort of a rant.

Garcia Bronco
11-04-2005, 01:09 PM
Even at 2 a gallon we're being gashed....it's a joke....can you say...public utility?

Shag
11-04-2005, 01:51 PM
A few weeks ago people were telling me that Star Mart screwed up the price and put the decimal in the wrong place, so people were getting gas for 23 cents a gallon. Heh.

That happened to me a couple weeks ago here in MN. I got a full tank of premium for $4.27 @ $.261/gal. I'm saving the receipt forever. :)

Mr. Kotter
11-04-2005, 01:54 PM
This simply can't be.....NO WAY! :shake:

Bush iz da debil!!!

Pitt Gorilla
11-04-2005, 02:23 PM
This simply can't be.....NO WAY! :shake:

Bush iz da debil!!! Interesting that you seem to be the first person to mention Bush.

Mr. Kotter
11-04-2005, 02:44 PM
Interesting that you seem to be the first person to mention Bush.

Post #24

Calcountry
11-04-2005, 03:21 PM
The Government makes more money from the sale of gasoline than the refiners.

ChiefsOne
11-04-2005, 03:25 PM
$1.94 here in Springfield MO

Extra Point
11-04-2005, 03:29 PM
Anyone look at the market price for crude vs. retail price of gas? Gas shouldn't be close to $2 per gallon, but it shows you how the congomerate can be "merciful." If they can make that low of a gross margin with such a high price for crude, then that shows you how much we've been bent over by the oil boys. At least they're stickin' to the europeans more than us.

Skip Towne
11-04-2005, 03:34 PM
I worked for a guy this morning that has 5 producing oil wells. I asked how much they paid him for the crude expecting to hear a figure in the $30 range. He said the last he sold he got $56 per barrel. Surprised me but maybe it's just because they have to pay the small producers the going rate to keep their own huge profits up.

Donger
11-04-2005, 03:35 PM
Anyone look at the market price for crude vs. retail price of gas? Gas shouldn't be close to $2 per gallon, but it shows you how the congomerate can be "merciful." If they can make that low of a gross margin with such a high price for crude, then that shows you how much we've been bent over by the oil boys. At least they're stickin' to the europeans more than us.

Do you know how much of the price of gallon of gasoline is just the cost of crude?

luv
11-05-2005, 12:10 AM
Gas at the station I go to went from $1.94 this afternoon to $1.99 tonight. :deevee:

Miles
11-05-2005, 12:19 AM
Shit is still expensive here in Denver.

onescrewleftuntwisted
11-05-2005, 01:36 AM
2.10 reg
2.09 eth

onescrewleftuntwisted
11-05-2005, 01:37 AM
i didn't feel like editing,

2.99 dis

and it is still going down

thats milan

Donger
12-22-2005, 11:42 AM
It's possible, but I think unlikely. I think it will bottom out right around $2.20, national retail average.

So, where are we, folks? People seeing a slight increase?

ptlyon
12-22-2005, 12:56 PM
Saw it for $2.06 yesterday.

Dartgod
12-22-2005, 01:07 PM
It dropped to $1.99 in Belton last night.

RP_McMurphy
12-22-2005, 01:48 PM
1.99 on Scott Ave in Belton this morning also.

Hydrae
12-22-2005, 01:51 PM
It did drop overnight for the first time in the last few weeks. Got to a high of $2.19 yesterday and saw it this morning for as low as $2.09. I have been wondering why it has been climbing. Figured it was due to nasty early winter weather causing more oil being used for heating purposes although I can't remember winter time driving prices up before.

Dartgod
12-22-2005, 01:55 PM
1.99 on Scott Ave in Belton this morning also.
It's a $1.99 in Belton?!? No way! Why didn't someone tell me!?!

Calcountry
12-22-2005, 02:09 PM
So, where are we, folks? People seeing a slight increase?CEO of Valero said that he forseen a price range of 2 to 2.20/gal of gas through most of 2006.

Donger
12-22-2005, 02:12 PM
CEO of Valero said that he forseen a price range of 2 to 2.20/gal of gas through most of 2006.

See post #10.

:p

Calcountry
12-22-2005, 03:12 PM
See post #10.

:pHey Dong4r, why didn't the evil greeedy gas companies keep the price at 3 bucks a gallon and keep on gouging the chit out of their customers?

BTW, the Dong4r was a typo, the 4 is right by the e and the r on the keyboard, and as I was fixing it, backspace, I go, NO, thats perfect, lmao.

Lets see if you get it?

Donger
12-22-2005, 03:17 PM
Hey Dong4r, why didn't the evil greeedy gas companies keep the price at 3 bucks a gallon and keep on gouging the chit out of their customers?

BTW, the Dong4r was a typo, the 4 is right by the e and the r on the keyboard, and as I was fixing it, backspace, I go, NO, thats perfect, lmao.

Lets see if you get it?

No! I'm terrible at this. My neighbor has a vanity plate that says "RDROKET" on a minivan. Much to my chagrin, after five years, I finally asked him what that meant.

He just looked at me and said, "Donger, it's a joke. You know, "Road Rocket on a mommyvan?!"

Cntrygal
12-22-2005, 03:57 PM
2.24-2.49 in Rapid City

Saulbadguy
12-22-2005, 04:00 PM
As I predicted in some other thread, prices will raise around the holiday, and IMO, take a steep drop in January.

I'm predicting around $1.75-$1.50 before spring hits.

Calcountry
12-22-2005, 04:00 PM
No! I'm terrible at this. My neighbor has a vanity plate that says "RDROKET" on a minivan. Much to my chagrin, after five years, I finally asked him what that meant.

He just looked at me and said, "Donger, it's a joke. You know, "Road Rocket on a mommyvan?!"Well, there is this "lady" that posts on the Planet that has a moniker of Chiefs4me.

It is only appropriate, to call you Dong 4 r?

Donger
12-22-2005, 04:01 PM
As I predicted in some other thread, prices will raise around the holiday, and IMO, take a steep drop in January.

I'm predicting around $1.75-$1.50 before spring hits.

Locally? Sure. I'd be surprised to see the national average drop that low, however.

Donger
12-22-2005, 04:02 PM
Well, there is this "lady" that posts on the Planet that has a moniker of Chiefs4me.

It is only appropriate, to call you Dong 4 r?

What's "r"?

Saulbadguy
12-22-2005, 04:06 PM
Locally? Sure. I'd be surprised to see the national average drop that low, however.
Of course.

Calcountry
12-22-2005, 04:16 PM
What's "r"?:rolleyes:

Donger
12-22-2005, 04:17 PM
:rolleyes:

ROFL

I told you I was bad at this.

Calcountry
12-22-2005, 04:18 PM
ROFL

I told you I was bad at this.I know you Mr. Ponytail man.

Trying to draw me into saying something stupid. You know damn well whom I am referring to, and the joke in your name.

Donger
12-22-2005, 04:22 PM
I know you Mr. Ponytail man.

Trying to draw me into saying something stupid. You know damn well whom I am referring to, and the joke in your name.

I really am serious. I have NO idea why Dong4r is amusing.

Calcountry
12-22-2005, 04:24 PM
I really am serious. I have NO idea why Dong4r is amusing.Well it is amuzing in my mind, there is where I will have to leave it. I really am a retard sometimes.

Donger
12-22-2005, 04:26 PM
Well it is amuzing in my mind, there is where I will have to leave it. I really am a retard sometimes.

Damn it. Yet another time that I don't get the vanity plate-type thing.

I'm sure it is funny, bunny. I'm just a f*cking retart when it comes to those.

Calcountry
12-22-2005, 04:30 PM
Damn it. Yet another time that I don't get the vanity plate-type thing.

I'm sure it is funny, bunny. I'm just a f*cking retart when it comes to those.Aren't you the one that always calls Chiefs 4 me a whore, or a prostitute?

Donger
12-22-2005, 04:32 PM
Aren't you the one that always calls Chiefs 4 me a whore, or a prostitute?

Sure. What else would I call it?

Calcountry
12-22-2005, 04:34 PM
Sure. What else would I call it?Well, I am making fun of you by tagging you with Dong 4(for) r(her), get it.

Chiefs4me, Dong4(her)r. As in YOUR Dong.

Fug it man, If you can't get it after this you anal retentive bastard, go wash your fuggin legs or something.

Donger
12-22-2005, 04:36 PM
Well, I am making fun of you by tagging you with Dong 4(for) r(her), get it.

Chiefs4me, Dong4(her)r. As in YOUR Dong.

Fug it man, If you can't get it after this you anal retentive bastard, go wash your fuggin legs or something.

Oh. Dong4her.

I get it.

Calcountry
12-22-2005, 04:40 PM
Oh. Dong4her.

I get it.:clap::clap::clap: