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Old 04-23-2007, 09:40 AM  
Donger Donger is offline
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Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab

http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

Spoiler!

Last edited by Donger; 10-10-2014 at 02:43 PM..
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Old 08-08-2011, 03:04 PM   #3061
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Quote:
Originally Posted by InChiefsHell View Post
So, except for the fact that we should see some lower prices at the pump, this seems like not such a good thing...A drastic change in prices like that usually means something a bit more sinister on the horizon, no?
Yes, we'll see a rather significant drop at the pump within the next week or so, as long as the price doesn't rebound quickly.
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Old 08-08-2011, 03:47 PM   #3062
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$81.31 at the close.
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Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
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Old 08-08-2011, 05:09 PM   #3063
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Damn. That's like a $20 reduction in 3 weeks.
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Old 08-09-2011, 02:13 PM   #3064
chasedude chasedude is offline
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Old 08-09-2011, 02:20 PM   #3065
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Gas down to $3.27 here in Topeka.
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Old 08-09-2011, 04:10 PM   #3066
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http://www.GasBuddy.com/gb_retail_pr...me=18&units=us

BS -Gas should be around $2.75 at this point...
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Old 08-09-2011, 04:12 PM   #3067
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Quote:
Originally Posted by Blindside58 View Post
http://www.GasBuddy.com/gb_retail_pr...me=18&units=us

BS -Gas should be around $2.75 at this point...
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Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
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Old 08-09-2011, 05:27 PM   #3068
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Quote:
Originally Posted by Donger View Post
Sounds good to me.
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Old 08-09-2011, 05:34 PM   #3069
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Quote:
Originally Posted by Bugeater View Post
Sounds good to me.
I'm confused by the "should be" part.
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Old 08-09-2011, 05:37 PM   #3070
crispystl420 crispystl420 is offline
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Quote:
Originally Posted by InChiefsHell View Post
So, except for the fact that we should see some lower prices at the pump, this seems like not such a good thing...A drastic change in prices like that usually means something a bit more sinister on the horizon, no?
Just the collapse of the US economy nothing to see here.
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Old 08-09-2011, 05:41 PM   #3071
Bowser Bowser is offline
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Say that there are 250 million personal use vehicles in use in the US today. Let's say that 70 million of these people stop to get gas today, and the average gallons put in is 11. Going on the averages of what gas costs today as to the last time crude was this low, and assuming the average cost/gal is 3.25, that's 770 million gallons being pumped, for a cost of $2,502,500,000. Compare that to if gas were 2.75/gal, the figure would be $2,117,500. That nearly 400 million more in ONE day.

I know I'll get the "" smilie from Donger for asking this, but why isn't the price of unleaded where it was the last time crude was this low?
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Old 08-09-2011, 05:42 PM   #3072
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Quote:
Originally Posted by crispystl420 View Post
Just the collapse of the US economy nothing to see here.
Everything is cyclical!
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Old 08-09-2011, 05:49 PM   #3073
Backwards Masking Backwards Masking is offline
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Quote:
Originally Posted by Bowser View Post
I know I'll get the "" smilie from Donger for asking this, but why isn't the price of unleaded where it was the last time crude was this low?
yeah, really, especially since according to Donger (which goes against every report from every true expert) the earth won't run out of oil for at least 100 more years. it should be even lower if that were true, but it's not.
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Old 08-09-2011, 05:53 PM   #3074
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Quote:
Originally Posted by Bowser View Post
Say that there are 250 million personal use vehicles in use in the US today. Let's say that 70 million of these people stop to get gas today, and the average gallons put in is 11. Going on the averages of what gas costs today as to the last time crude was this low, and assuming the average cost/gal is 3.25, that's 770 million gallons being pumped, for a cost of $2,502,500,000. Compare that to if gas were 2.75/gal, the figure would be $2,117,500. That nearly 400 million more in ONE day.

I know I'll get the "" smilie from Donger for asking this, but why isn't the price of unleaded where it was the last time crude was this low?
Because this collapse happened VERY suddenly, not over a month or so. I haven't looked at 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.
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Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
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Old 08-09-2011, 05:54 PM   #3075
Donger Donger is offline
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Quote:
Originally Posted by Backwards Masking View Post
yeah, really, especially since according to Donger (which goes against every report from every true expert) the earth won't run out of oil for at least 100 more years. it should be even lower if that were true, but it's not.
See above. And, your claim is crap, but you've been told that before.
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Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.Donger is obviously part of the inner Circle.
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