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| Topic: why is gas so cheap? | |
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Gas is not cheap until it drops below $1.00 again. and i never ever thought i owquld see it under two bucks again. i ate those words and was ooo so happy to do it!!!!! |
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I got it today for $2.09 a gal
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Still ain't cheap.
Any shmoe could easily distill fuel from many by-products,...look up home distillation...you will also get a run down on the illegalities of home distillation units....Even home water distillation is illegal in the U.S. Fuel should cost 7-12 cents per gallon if you brew your own. Welcome to America. |
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Edited by
heartSoul
on
Sun 11/02/08 04:42 PM
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I'm sure it's the election
I really don't care what the reason is as long as I get change back from a $20 when I fill up 
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$2.18 here in MI.
Its just a kiss on the cheek before they screw us again. From what I've read, production went up a few months ago, but demand has decreased greatly. Now OPEC countries are cutting production again to get the price of oil back up. |
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$2.18 here in MI. Its just a kiss on the cheek before they screw us again. From what I've read, production went up a few months ago, but demand has decreased greatly. Now OPEC countries are cutting production again to get the price of oil back up. Why? 
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Still ain't cheap. Any shmoe could easily distill fuel from many by-products,...look up home distillation...you will also get a run down on the illegalities of home distillation units....Even home water distillation is illegal in the U.S. Fuel should cost 7-12 cents per gallon if you brew your own. Welcome to America. ??? |
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why do you really think gas is so cheap. Is there a hiddin catch hidding in the dark. I was surprised the price was lower than usual. I filled up at Costco today and it was $2.75 for Premium! 
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1.99$ today...........woot!
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Gas is not cheap until it drops below $1.00 again. Wow. Still $2.69 around here. |
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Edited by
PublicAnimalNo9
on
Mon 11/03/08 02:05 PM
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why do you really think gas is so cheap. Is there a hiddin catch hidding in the dark. Why would anyone worry about the price of gas going down???...Unless you own stock in Texaco or sumpin' 
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According to "USA Today"
"The reason prices are going down so far so fast is that they shouldn't have been that high in the first place. Two reasons they were: fear and speculation," says Mike O'Connor, president of the Virginia Petroleum, Convenience and Grocery Association. It represents gasoline distributors who operate about 4,000 stations. O'Connor says $2 gasoline "is more likely than unlikely" if the Gulf of Mexico isn't hit by hurricanes and if there isn't a flare-up of tensions in oil-producing regions. Since the hurricanes did not do the damage they thought would happened now gas prices are coming down. |
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According to "USA Today" "The reason prices are going down so far so fast is that they shouldn't have been that high in the first place. Two reasons they were: fear and speculation," says Mike O'Connor, president of the Virginia Petroleum, Convenience and Grocery Association. It represents gasoline distributors who operate about 4,000 stations. O'Connor says $2 gasoline "is more likely than unlikely" if the Gulf of Mexico isn't hit by hurricanes and if there isn't a flare-up of tensions in oil-producing regions. Since the hurricanes did not do the damage they thought would happened now gas prices are coming down. I heard on NPR news that Iraq is losing money over this so they are selling Saddam's luxury yacht to make up the difference. |
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