Average U.S. Gas Prices Drop 25 Cents

[Donger]

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]

Let's keep demand low, folks.

[Phobia]

I've seen it well under $2.20 in KC.

I need to know when Deisel will follow.

[Lzen]

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]

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]

Noone really believed me when I said Gas would be under $2.00 within a year.

[Saulbadguy]

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]

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]

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]

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]

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]

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]

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]

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]

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]

$2.35

[Pitt Gorilla]

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]

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]

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]

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]

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]

$2.43 here in Austin. I want to know why it is more expensive here than KC, that makes no sense.

[Donger]

$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]

Keep fu@king doubting George W. Bush!

[sd4chiefs]

NOOOOOOOO! My energy stocks are crashing. :banghead:

[Bob Dole]

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]

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]

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]

Never back to where it was. Moving up a ladder, sliding scale.

[jiveturkey]

$2.01 at the Costco on 124th & Metcalf.

$1.98 at Holmes and Red Bridge.

[jspchief]

It's been 1.99 here for a week.

[chagrin]

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]

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]

Saw $1.96 on the way to work today.

[Saulbadguy]

1.99 some areas of Kansas. Under $2.10 here.

[Stinger]

Paid $1.97 this morning PBJ PBJ

[luv]

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]

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]

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]

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]

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]

I was $1.94 at the Kum-N-Go on West Republic Road yesterday.


Giggitty!

[luv]

Giggitty!
:shake:


I'd be at least $2.

[Saulbadguy]

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]

:shake:


I'd be at least $2.


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

[Lzen]

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]

This thread has far too few anti-oil company rants in it.

Slackers.

[Saulbadguy]

:eek: Why didn't you tell about this?
Only lasted for an hour or two.

[Donger]

BTW, national retail average was $2.48 on Monday.

[jiveturkey]

BTW, national retail average was $2.48 on Monday.F@ckin' oil jerks!

How was that? :)

[4th and Long]

BTW, national retail average was $2.48 on Monday.
I paid $1.96/gallon yesterday. :)

[Lzen]

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]

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]

This thread has far too few anti-oil company rants in it.

Slackers.
Mine was sort of a rant.

[Garcia Bronco]

Even at 2 a gallon we're being gashed....it's a joke....can you say...public utility?

[Shag]

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]

This simply can't be.....NO WAY! :shake:

Bush iz da debil!!!

[Pitt Gorilla]

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]

Interesting that you seem to be the first person to mention Bush.

Post #24

[Calcountry]

The Government makes more money from the sale of gasoline than the refiners.

[ChiefsOne]

$1.94 here in Springfield MO

[Extra Point]

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]

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]

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]

Gas at the station I go to went from $1.94 this afternoon to $1.99 tonight. :deevee:

[Miles]

Shit is still expensive here in Denver.

[onescrewleftuntwisted]

2.10 reg
2.09 eth

[onescrewleftuntwisted]

i didn't feel like editing,

2.99 dis

and it is still going down

thats milan

[Donger]

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]

Saw it for $2.06 yesterday.

[Dartgod]

It dropped to $1.99 in Belton last night.

[RP_McMurphy]

1.99 on Scott Ave in Belton this morning also.

[Hydrae]

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]

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]

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]

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]

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]

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]

2.24-2.49 in Rapid City

[Saulbadguy]

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]

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]

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]

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]

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

[Calcountry]

What's "r"?:rolleyes:

[Donger]

:rolleyes:

ROFL

I told you I was bad at this.

[Calcountry]

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]

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]

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]

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]

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]

Aren't you the one that always calls Chiefs 4 me a whore, or a prostitute?

Sure. What else would I call it?

[Calcountry]

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]

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]

Oh. Dong4her.

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