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shueman

Libra
HDF Gold Supporter

Born To Drive...
     
Alta Loma CA
Posts: 17,228
APPD 2.15
Post Rank: 4
NADA
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Posted: Sep. 16 2006,5:16 am |
Post # 1 |
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WASHINGTON - Ready for some good news on gas prices for a change? How does $1.15 a gallon sound? It’s within the range of possibilities.
There has been a major drop in the crude oil price and barring a catastrophic earthquake or a very big new problem in the Middle East, the barrel price will go down much further. Crude-oil prices have fallen about $14, or roughly 17%, so far and is expected to drop far more in the coming months.
Also, the peak summer driving season in the U.S. has ended and oil inventories are high, so, oil companies then risk getting stuck with excess oil supplies.
AAA says the national average for a gallon of unleaded gasoline is currently down to $2.59. If the trend continues as expected. oil prices could go way down to $15 a barrel - perhaps even less. Hence, the price of $1.15 a gallon could be a reality and be great for the American economy.
Hmmm, timed with the upcoming elections, no doubt... Â It's still above $2.90 in my area....
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| Member # 376 | Joined: 2-01-2004 | |
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GlassMan

Pisces
HDF Silver Supporter

Redondo Crew
   
Redondo Beach, California, USA
Posts: 5,761
APPD 0.73
Post Rank: 13
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Posted: Sep. 16 2006,1:22 pm |
Post # 4 |
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It's all part of the master plan. "They" are conditioning us. It's an annual thing. Raise it until we scream bloody murder, start investigations, etc.
Then let it come down half of what it went up......
Ooooh, we're soooo happy it's coming down.
We'll calm down...........then it starts all over again.
I've accepted that now, I can simply pay whatever it costs and get on with my life.
I did the math, $200 a month for 30 years is still less than the price of one of those hydrogen burning BMW's (which you can't buy yet)
It's a fact of Life:
After Monday and Tuesday, even the Calendar says : WTF .......
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| Member # 617 | Joined: 4-29-2004 | |
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shueman

Libra
HDF Gold Supporter

Born To Drive...
     
Alta Loma CA
Posts: 17,228
APPD 2.15
Post Rank: 4
NADA
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Posted: Sep. 16 2006,3:41 pm |
Post # 5 |
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| Quote (GlassMan @ Sep. 16 2006,1:22 pm) | ...I've accepted that now, I can simply pay whatever it costs and get on with my life. ... |
I'm with ya....
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| Member # 376 | Joined: 2-01-2004 | |
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Bullitt Bob

Taurus
HDF Supporter

    Truckin' Bozo
    
Mesquite, NV.
Posts: 3,229
APPD 0.41
Post Rank: 21
Eliminator Jet
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Posted: Sep. 18 2006,12:35 am |
Post # 11 |
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| Quote (Carrera Elite @ Sep. 17 2006,9:03 am) | My understanding is, it takes less refining to get diesel fuel. So why does it cost more??  |
Actually thanks to California, diesel needs much more refinement now to remove most of the sulpher. Diesel was still $3.46 per gallon in Idaho last week.
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| Member # 632 | Joined: 5-11-2004 | |
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big ern

Libra
HDF Supporter

Boater

mesa, az
Posts: 165
APPD 0.02
Post Rank: 119
82 19ft eliminator
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Posted: Sep. 20 2006,10:03 am |
Post # 18 |
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$2.27-2.35 here in mesa
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| Member # 759 | Joined: 8-02-2004 | |
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