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Author Topic: Gas prices in your area  (Read 661 times)

Offline APX808

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Gas prices in your area
« on: March 20, 2015, 09:02:48 AM »
Hey guys

Crude price went down from 110 to 44 dollars, have you notices the gas prices to go down in a similar way?
Here in Argentina gas prices never went down, but continued going up  :suicide:
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Offline JohnyMac

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Re: Gas prices in your area
« Reply #1 on: March 20, 2015, 09:10:56 AM »
Yes APX. Here are some prices that I have seen over the past 2 weeks...

PA  $2.49 a gallon
NY  $2.59 "
MA $2.23 "
RI  $2.49 "
NJ  $2.18 "

Prices differ between states because of the taxes that states put on their gas.

Last year about this time I think the average was around $3.50 a gallon around me.

What's the price in your neighborhood?
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Offline APX808

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Re: Gas prices in your area
« Reply #2 on: March 20, 2015, 09:26:33 AM »
The price around here is about 3.70 to 4 dollars the gallon.
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Offline JohnyMac

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Re: Gas prices in your area
« Reply #3 on: March 20, 2015, 10:35:06 AM »
It's interesting APX how your gas prices are not coming down. Someone must be pocketing all of that extra money.
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Offline Nemo

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Re: Gas prices in your area
« Reply #4 on: March 20, 2015, 11:31:58 AM »
Gas locally is around $2.15/gallon.  I anticipate it down to about $1.95 in the near future.  West Texas Intermediate crude and Brent crude are pretty much the 2 hallmark prices.  They have been down about $10 a barrel in the past week or so. 

A barrel has 42 US Gallons.  Thats 3.83 Liters I think.  Oil prices change a dollars a barrel generally results in about 2 cents a gallon change.

http://www.oil-price.net/  is a good, easy website to follow the WTI and Brent prices.
March, Friday 20 2015 - 11:21:16  WTI is $43.96  -0.70 today, Brent Crude is $54.43,  -$1.48 today

Off on a side track here.  If BHO gets his Iran deal and sanctions lifted immediately (like he wants) over the next few months Iran will be back in the world market.  They have lots of oil and need lots income.  One of 2 things will happen.  Oil will be fall back to $25 a barrel (gasoline here at $1.49) or Iran will threaten to do that and get enough dominance in the market to push it back to $80/bbl with gas at $2.99.

Get in, sit down, shut up and hang on.  The roller coaster is getting read to launch.

Nemo

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Re: Gas prices in your area
« Reply #5 on: March 20, 2015, 11:36:17 AM »
$2.12 when the wife filled up day before yesterday here in TN.
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Offline Grudgie

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Re: Gas prices in your area
« Reply #6 on: March 20, 2015, 01:44:13 PM »
Filled up at $1.97 today in Tennessee.
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Offline DMCakhunter

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Re: Gas prices in your area
« Reply #7 on: March 20, 2015, 02:33:36 PM »
March 1st, Iowa increased the road fuel tax $.10 per gallon, so our 10% ethanol blend went to $2.38 a gallon. Today in Ankeny it is $2.34 a gallon. Diesel is at $2.65 a gallon. Straight gasoline is $2.57 and premium is $2.81 a gallon.
« Last Edit: March 20, 2015, 09:04:58 PM by DMCakhunter »
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Offline DMCakhunter

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Re: Gas prices in your area
« Reply #8 on: March 20, 2015, 09:04:30 PM »
 Just got back from dinner and saw that the fuel prices in Altoona Iowa were $.17 a gallon cheaper (for all types) but diesel is the same.
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Offline Nemo

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Re: Gas prices in your area
« Reply #9 on: March 21, 2015, 12:08:32 PM »
No change of more than a penny or so in S. Ga.  $2.14 today.

Nemo

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Offline CJS06

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Re: Gas prices in your area
« Reply #10 on: March 23, 2015, 03:28:05 PM »
Quote from: JohnyMac on March 20, 2015, 09:10:56 AM
Yes APX. Here are some prices that I have seen over the past 2 weeks...

PA  $2.49 a gallon
NY  $2.59 "
MA $2.23 "
RI  $2.49 "
NJ  $2.18 "

Prices differ between states because of the taxes that states put on their gas.

Last year about this time I think the average was around $3.50 a gallon around me.

What's the price in your neighborhood?

Johny,  interestingly even though gas is much cheaper than a year ago it is actually about  $.25-.40  more a gallon than just 3 months ago.  This is even with the steady gradual decline to the record lows for barrel pricing of the 2 key crude oil indicators. We hit a low around here of about $1.93 then it has slowly crept up to where it is now oscillating from $2.20- $2.45.  Everyone is so happy that it is not the $3.50 from a year ago that the creep back up has barely been noticed.
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