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post #1 of (permalink) Old 09-16-2006, 06:23 PM Thread Starter
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How low will it go?

Just bought gas. Phillips 66 regular unleaded - $2.059

Hmmmmm, getting close to election time. The only thing I hate more about government doing this for political reasons is the government being ABLE to do this.
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post #2 of (permalink) Old 09-16-2006, 06:42 PM
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Re: How low will it go?

ya its pretty retarted how it does that has droped .50 cents in the last 3 weeks. I hear alot of people thinking its normal and they are liking the drop and they are not thinking ahead when its going to back up to 3.00 bucks agian
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post #3 of (permalink) Old 09-16-2006, 07:34 PM
 
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Re: How low will it go?

[ QUOTE ]
Just bought gas. Phillips 66 regular unleaded - $2.059

[/ QUOTE ]

Is that a typo? It's $2.46 around here. Amazing how happy people are to pay $2.50 now. Remember the stink when it topped $2?
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post #4 of (permalink) Old 09-16-2006, 07:40 PM Thread Starter
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Re: How low will it go?

[ QUOTE ]
[ QUOTE ]
Just bought gas. Phillips 66 regular unleaded - $2.059

[/ QUOTE ]

Is that a typo? It's $2.46 around here. Amazing how happy people are to pay $2.50 now. Remember the stink when it topped $2?

[/ QUOTE ]

No typo. Two dollars and five point nine cents per gallon.

I saw it predicted to be UNDER $2 just before the election.
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post #5 of (permalink) Old 09-16-2006, 08:10 PM
 
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Re: How low will it go?

That's cool. Must be a big difference in state taxes or something. Oh well! It won't affect the way I vote! [img]/ubbthreads/images/graemlins/wink.gif[/img]
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post #6 of (permalink) Old 09-17-2006, 12:03 PM
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Re: How low will it go?

this is no different than any year i can remember, gas starts going up right before memorial day weekend, and starts dropping right after labor day w/e(i got home from camp on 9-6-06, gas had dropped a full 30 cents)

this has been going on for years on end, the oil companies dont have enough refineries or storage(so they say), so they claim it to be simple supply and demand.....

funny how #2 fuel oil prices typically go just the opposite

the only way our govt can truly influence the prices at the pump is when the pols decide it will make us all feel better if they "suspend" the gas tax...wake up!, govt will make up the lost revenue elsewhere folks
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post #7 of (permalink) Old 09-17-2006, 12:17 PM
 
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Re: How low will it go?

I dont care if it goes down to $1 per gallon as Americans we still need to use ethenol and bio diesel and promote the renewable energy. E-20 will run fine in all gas vehicles and reduce our dependance on foreign oil by 20% Bio diesel will work in ALL diesel vehicles and repace the lubricity in the new EPA mandated ultra low sulfer diesel.
Ask any old bootlegger how an old Buick V8 ran on pure grain alcohol, (ethanol) clean & fast!
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post #8 of (permalink) Old 09-17-2006, 12:31 PM
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Re: How low will it go?

At Costco in St. Louis they were selling regular for $1.99.9 yesterday.

[ QUOTE ]
E-20 will run fine in all gas vehicles and reduce our dependance on foreign oil by 20%

[/ QUOTE ]

Maybe. Maybe not. There have been seemingly respectable university studies conclude that it takes as much as 20% more energy to produce alcohol from grain than is in the alcohol produced. I certainly don't know whether that's true or not, but it seems as likely to be correct as the claim of 20% savings of imported oil.

What I am very sure of is that if it were economically feasible (meaning profitable) to produce alcohol for fuel on a large scale, businesses, including oil companies, would be scrambling to do it, and government subsidies and guarantees wouldn't be needed. And if alcohol were cheaper to buy than gasoline, drivers would switch to it in a heartbeat.

Here in farm-state Illinois, alcohol is heavily subsidized for motor fuel, both directly and with a cut in road-use taxes. There was an article in the local fishwrapper a few weeks ago about a station starting to sell E80. Great News! Cheap Fuel! was the slant of the headlines. The article stated the current prices for regular and E80. I don't remember what they were, but I calculated that the E80 was about 10% cheaper. Near the end of the article it mentioned that alcohol contains about less energy, so your mileage will go down by about 20%.

Maybe they'll eventually figure out how to produce alcohol more cheaply. When they do, I'll buy it.
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post #9 of (permalink) Old 09-17-2006, 12:42 PM
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Re: How low will it go?

I heard something on the news today regarding summer vs winter gas mixtures. They said the winter mixture,from the refineries, are cheaper. I tryed to find out why, but to no avail. I still think it's just gouging during the high driving season.
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post #10 of (permalink) Old 09-17-2006, 05:27 PM
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Re: How low will it go?

I just paid 2.36 at the local mobil.
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