Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 08-09-2011, 04:57 PM   #3076
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Quote:
Originally Posted by Donger View Post
Because this collapse happened VERY suddenly, not over a month or so. I haven't run the numbers, but I think it's close to a 10% drop in crude in three DAYS. Add to that the fact that the price drop of gasoline lags a good week or two crude. Crude doesn't just magical turn itself into gasoline overnight.

We should see prices on gasoline drop to the $3.20 range or so over the next few weeks if the slide continues.
Fair enough.

My job this week has me going to St. Louis (Earth City) and back, and just as you get to the mall on the west side, there was a Quicktrip that was selling gas for 3.15/gal. The further west you go, the higher the cost went, until on my way home, the Quicktrip by my house was selling for 3.49/gal. Granted, this was at 8 this morning when I saw the price. Maybe it's dropped by now.
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