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Author Topic: Gas prices in your area  (Read 235499 times)

Offline lfmusiclover

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Re: Gas prices in your area
« Reply #420 on: November 20, 2008, 09:19:03 AM »
Quote from: tpirfan28 on November 20, 2008, 08:58:31 AM
I kid you not, oil is trading in electronic trading at 50.50/barrel.  And one gallon of gas on the open market (pre-tax/transportation/fees) is going for 1.03/gal.
Wow, that's simply amazing. I knew it was going to drop, but I'm absolutley shocked at just how far it has dropped. The bottom has just fallen out. And as far as I can see there's nothing yet indicating that this drop is over.
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Offline tpirfan28

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Re: Gas prices in your area
« Reply #421 on: November 20, 2008, 02:35:05 PM »
$48.78/barrel.
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Offline lfmusiclover

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Re: Gas prices in your area
« Reply #422 on: November 20, 2008, 02:45:25 PM »
Wow, unbelievable.  :o :biggrin:
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Offline Mike M

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Re: Gas prices in your area
« Reply #423 on: November 20, 2008, 03:16:34 PM »
Quote from: tpirfan28 on November 20, 2008, 08:58:31 AM
I kid you not, oil is trading in electronic trading at 50.50/barrel.  And one gallon of gas on the open market (pre-tax/transportation/fees) is going for 1.03/gal.
You've got to be kidding! When was it last this low? 1999? :o
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Offline tpirfan28

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Re: Gas prices in your area
« Reply #424 on: November 20, 2008, 03:51:39 PM »
Market gas apparently hit exchange bottom of $1.00/gal.
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Offline lfmusiclover

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Re: Gas prices in your area
« Reply #425 on: November 20, 2008, 04:04:38 PM »
Holy cow!  :o
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Offline tpirfan28

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Re: Gas prices in your area
« Reply #426 on: November 20, 2008, 04:08:22 PM »
Slight edit:  market gas is currently at 0.9999.
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Offline Evan2015

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Re: Gas prices in your area
« Reply #427 on: November 20, 2008, 04:09:58 PM »
According to CNBC: Oil: 49.62 down 4.92
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Offline Localonthe8s

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Re: Gas prices in your area
« Reply #428 on: November 20, 2008, 05:55:40 PM »
$1.96
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Offline lfmusiclover

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Re: Gas prices in your area
« Reply #429 on: November 20, 2008, 06:22:55 PM »
$1.89!  :worship:
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Offline Mike M

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Re: Gas prices in your area
« Reply #430 on: November 20, 2008, 09:09:09 PM »
$1.68. Lowest now since at least early 2005.
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Offline Localonthe8s

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Re: Gas prices in your area
« Reply #431 on: November 20, 2008, 09:15:11 PM »
i dont get it...how come the gas is cheaper in your areas?
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Offline tpirfan28

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Re: Gas prices in your area
« Reply #432 on: November 21, 2008, 10:41:56 AM »
Lowest gas in Indiana is $1.57.
Highest gas in Indiana is $1.99.

And oil is falling AGAIN...down fractionally today.
Oil was last at this level in MARCH 2005.
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Offline tpirfan28

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Re: Gas prices in your area
« Reply #433 on: November 22, 2008, 11:26:53 AM »
Going through caps, I have four opening bells 10/13, 10/14, 10/24, and 10/30.

On 10/13, oil was over $80.
On 10/24, oil was at $63.

Amazing price drops.
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Offline lfmusiclover

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Re: Gas prices in your area
« Reply #434 on: November 22, 2008, 11:54:05 AM »
Wow, that's simply unbelieveable.  :o
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