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Gasoline prices drop in California, nationwide - 5/23/2011 9:58:34 PM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		Well well well....

Good news.

For the economy and for all Americans.

And now that the spring spike is over,gas prices should continue to fall.....all the way to November....

Great news!


http://www.latimes.com/business/la-fi-gas-prices-20110524,0,2916782.story

< Message edited by Owner59 -- 5/23/2011 9:59:21 PM >

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RE: Gasoline prices drop in California, nationwide - 5/23/2011 10:01:38 PM   
juliaoceania


Posts: 21383
Joined: 4/19/2006
From: Somewhere Over the Rainbow
Status: offline 		I think Americans have this line that we just are unwilling to pay more for gas... that line is 4 dollars. Once it hits 4 we cut way back far on our gas consumption... which hurts the rest of the economy..

We need to get off the oil

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(in reply to Owner59)
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RE: Gasoline prices drop in California, nationwide - 5/23/2011 10:17:39 PM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		Yes. Renewable alt. energy,ASAP until we get to 50-50.Then shot for 60% clean-alt to 40% fossil and so on.

It`s possible.

All we require is the will to do it.


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RE: Gasoline prices drop in California, nationwide - 5/23/2011 10:28:53 PM   
Marini


Posts: 3629
Joined: 2/14/2010
Status: offline 		The price of gas has only "dropped" about 8 cents a gallon, in my area, so excuse me for not doing a jig just yet.

I am still not convinced that it won't rise over the summer.

Now, if/when it goes down at least $1 a gallon, that will make more of a difference, to me.

I am wondering if I will ever see $2-$3 a gallon gas again!

For some reason, I think the NEW low price will settle around $3.50 a gallon and people will just be glad it's not $4 a gallon.

< Message edited by Marini -- 5/23/2011 10:30:11 PM >

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(in reply to Owner59)
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RE: Gasoline prices drop in California, nationwide - 5/23/2011 10:32:34 PM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		It went from just over 4 to 3.60 today in north Jersey.It`ll go down more.

It`s good news.Certainly better than gas prices go up.

< Message edited by Owner59 -- 5/23/2011 10:33:32 PM >

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"As for our common defense, we reject as false the choice between our safety and our ideals"

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RE: Gasoline prices drop in California, nationwide - 5/23/2011 10:36:14 PM   
Marini


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quote:

ORIGINAL: Owner59

It went from just over 4 to 3.60 today in north Jersey.It`ll go down more.

It went down 40 cents a gallon, what's taking it so long here? hummm

It`s good news.Certainly better than gas prices go up.

Of course it is, we are taking any crumbs that are kicked our way, in this economy!



_____________________________

As always, To EACH their Own.
"And as we let our own light shine, we unconsciously give other people permission to do the same. "
Nelson Mandela
Life-long Democrat, not happy at all with Democratic Party.
NOT a Republican/Moderate and free agent

(in reply to Owner59)
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RE: Gasoline prices drop in California, nationwide - 5/24/2011 5:06:37 AM   
OrionTheWolf


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3.98 to 3.83 in a few days here.

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RE: Gasoline prices drop in California, nationwide - 5/24/2011 5:08:54 AM   
Hillwilliam


Posts: 19394
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Status: offline 		Down to 3.55 here.

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RE: Gasoline prices drop in California, nationwide - 5/24/2011 5:15:20 AM   
tazzygirl


Posts: 37833
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Status: offline 		Gas down 16 cents here.

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RE: Gasoline prices drop in California, nationwide - 5/24/2011 5:28:00 AM   
Sanity


Posts: 22039
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From: Nampa, Idaho USA
Status: offline
Better fill up fast then

quote:

Stock futures rebound after selloff, crude oil rises (Reuters)


NEW YORK (Reuters) – Stock index futures rose on Tuesday, with higher oil prices leading a rebound from the previous session when stocks closed at their lowest in a month.

Rising concerns about the euro-zone debt pressured equities on Monday. While those headwinds remain, markets have steadied following a decline of more than 1 percent. European shares rose 0.25 percent.

Both U.S. crude and Brent futures rose 1.3 percent after Goldman Sachs raised its forecast for oil, citing strong fuel demand growth.


It seems that oil goes down if the economy hiccups because the worse the economy the lower the demand

But

If the economy tries to take off a little bit oil shoots up due to increased demand and chokes any rebound off again

Which is why Washington needs to ease up on some of its overzealous use of red tape which is throttling a lot of oil production back

The supply vs. the demand is so tight the entire economy is being choked back


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RE: Gasoline prices drop in California, nationwide - 5/24/2011 6:07:09 AM   
OrionTheWolf


Posts: 7803
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Status: offline 		Just saw this morning that it dropped to 3.74, so even better.

quote:

ORIGINAL: OrionTheWolf

~FR~

3.98 to 3.83 in a few days here.


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RE: Gasoline prices drop in California, nationwide - 5/24/2011 6:17:28 AM   
Sanity


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From: Nampa, Idaho USA
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It would be nice to see prices do like they did after the 2007 / 2008 spike and go down to about $1.60 / gallon


http://gasbuddy.com/gb_retail_price_chart.aspx


I wonder what the odds of that happening are

Especially with our current energy czar being on record favoring higher fuel prices

http://www.google.com/search?q=chu+high+prices&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a


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RE: Gasoline prices drop in California, nationwide - 5/24/2011 6:22:21 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		From over 5 dollars a gallon.....


Thanks for reminding us how high it was under bush.


Funny,I never saw a single con complain about 5 dollar gas during the bush disaster.


Now these "patriots".... ....are praying for that again.

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"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

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RE: Gasoline prices drop in California, nationwide - 5/24/2011 6:28:02 AM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
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Hurricanes caused a lot of the spike back then 0

And no one liked it, or even pretended that they did

If you know what I mean...

And then, Bush did everything in his power to facilitate lower fuel prices

He didnt even mouth policies favoring higher prices, as does our current president



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RE: Gasoline prices drop in California, nationwide - 5/24/2011 6:32:36 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline 		Hurricanes... the cost of doing business in the Gulf. We got charged because of what "potential" damage may have occured in the ones after Katrina.

It was an excuse, Sanity. And when investigated, how long did that investigation last?

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Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

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RE: Gasoline prices drop in California, nationwide - 5/24/2011 6:33:24 AM   
thishereboi


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Joined: 6/19/2008
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quote:

ORIGINAL: Owner59

From over 5 dollars a gallon.....


Thanks for reminding us how high it was under bush.


Funny,I never saw a single con complain about 5 dollar gas during the bush disaster.


Now these "patriots".... ....are praying for that again.


Nothing funny about it. I have been telling you for a while now that your a bigot and see only what you want to see. It's good that you are finally catching on.


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RE: Gasoline prices drop in California, nationwide - 5/24/2011 6:50:21 AM   
DarkSteven


Posts: 28072
Joined: 5/2/2008
Status: offline 		Good news that gas is cheaper.  That'll result in lower food prices as well.  I just hope, despite Sanity's post otherwise, that it continues to stay down.  

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RE: Gasoline prices drop in California, nationwide - 5/24/2011 7:10:11 AM   
Sanity


Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
Status: offline
We all  do Steven, higher fuel costs make everything more expensive and there are those who dont have money to spare

quote:

ORIGINAL: DarkSteven

Good news that gas is cheaper.  That'll result in lower food prices as well.  I just hope, despite Sanity's post otherwise, that it continues to stay down.  


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Inside Every Liberal Is A Totalitarian Screaming To Get Out

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RE: Gasoline prices drop in California, nationwide - 5/24/2011 7:11:20 AM   
tazzygirl


Posts: 37833
Joined: 10/12/2007
Status: offline
quote:

That'll result in lower food prices as well.


Dont count on that.

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to Sanity)
Profile   Post #: 19
RE: Gasoline prices drop in California, nationwide - 5/24/2011 7:18:02 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		Hopefully at least they won`t go up.Energy and food production prices are closely linked.


~~~~~~~~~~



Look how the neo-cons hope and wish for higher prices.

They couldn`t give a fuck about Americans or their wallets.

Remember republicans were hoping that President Obama would fail and said so?

That hasn`t changed from three years ago and should be taken into account.

< Message edited by Owner59 -- 5/24/2011 7:20:27 AM >

_____________________________

"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

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