Cheapest in Denver is $3.20 for 85. What is this shit?

Paid 3.40s this morning.

3.19 at Costco in Indep this morning.

Why are we still neurotically bitching about gas prices after 16 years where the level isn't at $4 a gallon, and has only fluctuated above that mark a handful of times since the first post in this thread in 2007?

https://www.cnbc.com/2022/04/13/how-...ince-1978.html

Even at the writing of this article in April 2022 they say Missouri is the cheapest in the nation with California being the most expensive. Different wars, different Presidents, different Congresses, a once in a century pandemic... doesn't make a difference in the end. The only thing we should be complaining about after 16 years are our children.

$4.67 in the Phoenix area. We always get screwed with the $1/gallon in Maricopa county gas tax they implemented years ago. Pretty crazy to think how expensive gas is in a city this large without much public transportation. People in Phoenix drive A LOT.

National average is $3.30, down $0.25 from a month ago.

holy shit, I did not know it was that much. That is overboard.


saw 3.09 here

Amazing how much money the Federal, State and Local governments make on a gallon of gas.

We're finally back down to 2.99/gal here. And that's including the .75 state/county gas tax. *sigh*

filled up for $2.73 today. That's the lowest I've seen in a quite a while. I don't even know how long ago it would have been

Surging U.S. Oil Production Brings Down Prices

Edited to remove some of the other... stuff.

https://dnyuz.com/2023/12/01/surging...climate-fears/

American oil fields are gushing again.

Only three years after U.S. oil production collapsed during the pandemic, energy companies are cranking out a record 13.2 million barrels a day, more than Russia or Saudi Arabia. The flow of oil has grown by roughly 800,000 barrels a day since early 2022 and analysts expect the industry to add another 500,000 barrels a day next year.

The surge in output has helped push down gasoline prices, which have fallen by close to $2 a gallon since the summer of 2022 and are now back to levels that prevailed in 2021. It has also provided the Biden administration with substantial leverage in its dealings with oil-exporting foes like Russia, Venezuela and Iran while reducing its need to cajole more friendly countries like Saudi Arabia to temper prices.

The United States now exports roughly four million barrels a day, more than any member of the Organization of the Petroleum Exporting Countries except Saudi Arabia. On balance, the United States still imports more than it exports because domestic demand exceeds supply and many American refineries can more easily refine the heavier oil produced in Canada and Latin America than the lighter crude that oozes out of the shale fields of New Mexico, North Dakota and Texas.

Nearly every extra barrel of American crude produced is being exported, mostly to Europe and Asia, where supplies are tight. In addition, the natural gas that bubbles up with oil has also led to record exports of gas and helped to lower prices for that fuel and for electricity, much of which is produced at gas-fired power plants in the United States.
Most of the new U.S. oil production is coming from the Permian Basin, which straddles Texas and New Mexico. There are also some new projects and expansions in Alaska and offshore in the Gulf of Mexico.

“It’s the mother of all comeback stories,” said Robert McNally, who was a senior energy adviser under President George W. Bush. “The last couple of years have shown that you should never bet against the U.S. oil sector.”

The bonanza has helped American consumers. This week the average price for a gallon of regular gasoline was $3.25 a gallon, 25 cents below what it cost a year earlier and nearly $1.80 below the record price set in June 2022, according to AAA.

The American oil industry is now dominated by hydraulic fracturing of shale, a process that splits hard rock with pressurized water and chemicals. Shale wells are highly productive for only a couple of years, so a decline in drilling brings a quick, sharp decline in output. Conversely, a rapid return of drilling ignites a spurt of production.

Technological advances have enabled producers to drill faster with new rigs designed for the shale fields of Texas, New Mexico, Colorado and North Dakota. Robotics and software improvements have cut costs, while lateral wells have been lengthened to expose more rock for fracture.

And why is this happening? Because they’re trying to speed up refilling the SPR that was previously drained by a certain idiot.

It's happening because it's profitable.

Drawing down the SPR in order to try to drive down crude prices and thereby gasoline/diesel prices in response to consumer prices and other events is not a new thing. So please don't bring politics into this here.

Just speaking facts bro. And selling oil from the SPR to China had nothing to do with driving down prices. You wanna debate a guy who worked on the floor of the Merc about commodities pricing and supply/demand?

Once again, not here please. I assume you know how to find CPDC.

Wait, wut?

So selling oil from the SPR to China drove prices down?

But now, the Feds desire to fill the SPR is causing a surge in production that is also driving prices down?

I guess the Feds should continually fill and drain the SPR?


Only three years after U.S. oil production collapsed during the pandemic, energy companies are cranking out a record 13.2 million barrels a day, more than Russia or Saudi Arabia. The flow of oil has grown by roughly 800,000 barrels a day since early 2022 and analysts expect the industry to add another 500,000 barrels a day next year.

The surge in output has helped push down gasoline prices

Just filled up for $2.62 at a BP on State Line road.

Premium here is $3.90

Lol ok. If you say so

Biden has emptied our reserves on purpose. He hates America.

Move it to the other forum, dumbass.
sec

Wow. Lol. Tonites really out of touch and do t understand how the SPR works

Okay dumbass. You know what I know? I know facts; the things many like to ignore nowadays. And the facts say that the SPR hasn’t been this low in 40 years. You’re entitled to your own opinion, not facts.

$4.42 here

https://encrypted-tbn0.gstatic.com/i...rNBFk&usqp=CAU

If prices are down, I would certainly be in favor with topping it back up.

Lol sorry my friend I’m speaking fact not your assumptions

$2.9669

Keep the political shit in D.C.

Wichita gas prices are so weird right now. Regular unleaded is roughly 40 cents per gallon cheaper on the west side of the city than its is on the east side and it’s been that way for a month or two. I’ve never seen a discrepancy like that over such a small geographical area. Especially in this area of the country.

National average is now $3.08/gallon. Looks like it will go below $3.00 by the end of the year.

This is because of all the dumb ****s on the east side of town not paying attention and still going to the places that are charging the higher prices. Costco and Sam's Club on the east side of town have gas at lower prices, but all the rich soccer moms on the east side will continue going to QT where they are charging 30-40 cents more a gallon. It is simple supply/demand and as long as people continue to fill up at the places charging the higher prices there is not incentive for them to match their competitors.

2.39 at Costco in Indep today.

Donger, I want you to have my baby.

What does it look like?

LMAO

That's a good lookin' kid right there

Just paid $5.15 in Seattle.

$3.58 Williamsport, PA

I've been paying <2.49 for 3 weeks or so. It's been awesome.

Also noticed that grocery prices have been falling (fairly significantly in some cases) as well. Whatever you all (Donger etc) are doing, keep up the good work!

Everybody get ready, could very well by summertime this is what we will be paying, or higher, all across the USA.

This crap in the ME is going to escalate and prices will rise. Oil per barrel is expecting to hit $100 a barrel by mid summer!

Still $3 plus in the KC area and nothing is dipping in price that I have seen.

Maybe in some areas, but not everywhere. I've never paid anywhere near $5 for a gallon of gas.

4.60 here in Vegas

3.39 in Tulsa and rising. Just 20 cents yesterday.

$4.40 today.

$2.95 in JoMo.

I get some perks at Murphy oil plus a discount from my credit card. Paid $3.12 today. Most places are mid $3.35+.

4.70 near Seattle

Barrel of oil going to $130 soon due to all the Biden wars. Gas prices will be closer to $6 by EOY.

The US isn't currently fighting any wars.

LOL!

Do YOU know where all your tax dollars are going? And who do you think started all of these wars? US = NATO dude.

Putin started the war in Ukraine, and Hamas started the war in Israel. The lion's share of our tax dollars have always gone to the military.

Wrong forum though.

3.47 in Columbia, MO

Paid $2.50 Sunday evening. It was $3.29 today. That sucks.

Yea, get me out of here with this elementary school logic. Can't even begin to tell you how wrong you are.

But being naive isn't a bad way to go thru life.

I posted simple facts which are easily verifiable. Of course you offer no explanation for your stance.

Fuel isn’t going to go up for too long. It’s an election year.

3.39 in tulsa is a bad sign. I thought it was usually the lowest in the country there.

Yeah, it usually is one of the lowest.

Feels like Iran may do something like block the Sues Canal and oil would spike $25 a barrel. I sure hope not but gold, the dollar, interest rates, commodities and gas all going higher.

This is our biggest concern with pricing.

Go **** yourself Donger

It's a very good time to be working from home.

$2.99 here today. Up .20

Was around $2.89 at the end of February, has steadily risen the last month or so to around $3.89 right now. Would be surprised if it’s not $4 by next week. Shit bites.

Thanks Brandon.

anywhere between 3.20 and 3.35
surprised it was that cheap

After reading the recent posts in this thread earlier, I was pretty surprised to find it at $2.94 everywhere in our little burg of Branson West today.

Crap. Just paid $3.39 here in SGF.

yeah, we were up there yesterday and saw that, thus we were so surprised to see $2.94 in Branson West today

$5.59 in the Bay Area yesterday. I was shocked because the previous fill up was in the 4 dollar area.

Just bought a challenger hellcat so I had to go from regular to premium…it’s worth it though ��

Why are people always saying that to me?

Because you have no self control of ending every sentence without a question mark. It's annoying as you've become.

4.95 here in Vegas now

Is that so?

Yes.

And if you're not being paid for the amount of time you spend pissing in the wind on a football message board you are no where near as smart as you think you think of yourself.

Comprehend?

I'm exactly as smart as the tests said.

But your concern is nice and you don't need to worry about my income.

Have a wonderful weekend!