1$/gal. gasoline? Maybe, but what does it mean really?

[CADplans]

We dropped to $2.36 yesterday. Spokane, WA and surrounding area.

Near Richmond VA,, gas is $0.95 per gallon,, I am good with that price,,

 

[Pixguy]

$1.49 here in central NH

 

[Tractor Seabee]

Time to start stocking up, drag out all those rusty barrels. When this is over the prices will zoom as the oil production gets back in gear and they restart all along the line. Right now the industry is taking advantage of the Saudi/Russia oil war of overproduction. We are paying the difference in layoffs and pork barrel unemployment subsidies the oil industry do not have to pay for. This has to stop and put our people back to work in that industry. After all we are independent of the Saudis and Russians and do not need their production. Let them drown in their glut of production. Congress and the President both need to get their heads out of their a***.

Ron

 

[aczlan]

We dropped to $2.36 yesterday. Spokane, WA and surrounding area.

I paid $2.31 yesterday. Best prices in a while...

Aaron Z

 

[lman]

I got gas for $1.22 with customer discount last week here.

 

[Peter 315]

$1.49 here in central NH

1.77 down here exit 5 its always cheaper up at exit 20 (93) about 20 cents

 

[k0ua]

1.77 down here exit 5 its always cheaper up at exit 20 (93) about 20 cents

$1.25 around here... Down to about $1.01 near Joplin in at least one station.

 

[herm0016]

Time to start stocking up, drag out all those rusty barrels. When this is over the prices will zoom as the oil production gets back in gear and they restart all along the line. Right now the industry is taking advantage of the Saudi/Russia oil war of overproduction. We are paying the difference in layoffs and pork barrel unemployment subsidies the oil industry do not have to pay for. This has to stop and put our people back to work in that industry. After all we are independent of the Saudis and Russians and do not need their production. Let them drown in their glut of production. Congress and the President both need to get their heads out of their a***.

Ron

prices don't go down as production goes down. there is a huge oversupply and the sauds have taken advantage of that. at the current fill rate, every bathtub, barrel, tanker and pipeline will be full by the middle of may. we could see negative oil prices over the summer, where you have to pay someone to take it because there is no place to put it. there needs to be cuts in production, but getting all of the producing nations on board will be difficult at best.

 

[NoTrespassing]

89 cents in Chickasha OK now

 

[ArlyA]

prices don't go down as production goes down. there is a huge oversupply and the sauds have taken advantage of that. at the current fill rate, every bathtub, barrel, tanker and pipeline will be full by the middle of may. we could see negative oil prices over the summer, where you have to pay someone to take it because there is no place to put it. there needs to be cuts in production, but getting all of the producing nations on board will be difficult at best.

Our buddy who's a mechanical engineer in the energy business was laid off. Lots and lots of energy company's are laying off. OPEC has commonly had difficulty getting producers on board.