Crude oil is paid for in dollars.
The minute the dollar is going up, next day gasprices go up.
The euro exchange rate is very high at the moment. ($1.2169)
You would expect gasprices over here would drop fast.

Not

93 $5.155/US Gallon, Cdn$1.826/Litre

I was wondering what you guys and girls are paying for gas at the moment.

 

Currrent prices for 87 are 58.5 cents Cdn. That's about the lowest its been for a while now.

 

1.29 right now. Been lower and higher the last few weeks, various day by day.


for one, I hope crude oil prices continue to increase.

 

1.39 for 87, 1.49 ( though the fina at Josey and Rosemeade has it for 1.44) for 89 and 1.59 for 92

 

Two days ago I saw some for $1.26...then it jumped to $1.59...now it's at $1.29.

 

NJ is around 1.70+ for 93 octane. And they want to raise the friggin prices even more

 

This is OT, but maybe some of you financial wizards can explain it to me.

The way someone explained it to me was that all the big oil producing countries get paid for their oil with the US dollar, this is the standard.
If the oil producing countries one day say "we've now decided we went to be paid for our oil with the Euro", then this will further drive the American dollar into the toilet and cause bigger economic problems.

Is this true or false?

 

and that folks, is one of the reasons why I got a diesel!
Gas ALWAYS goes up just before a holiday. This is because the oil companies know that people WILL travel, and PAY whatever it takes to travel on the holidays.
Diesel, on the other hand doesn't flucuate like that because desiel users are typ work vehicals and therefore don't increase their consumtion during holidays.
Around here diesel hovers around $1.50 gal


Of course I also like the power of a diesel. This thing hauls more and faster stock than my other one did with mods.

 

I may not have this exactly right; but, the value of the dollar is based on the strength of the US economy. It used to be based on gold reserves. The general stability of the US economy is what makes the dollar so widely accepted and preferred internationally. If the Euro proves itself to be an equally stabile currency, it could very likely be just as accepted as the dollar. The only thing that could affect the value, and popularity, of the US dollar, is a total market crash here in the states, that doesn't affect the Euro's base economy, also. The international use of the dollar has been based on it's steady value in relation to other currencies. Being one of the worlds richest single nations is also a factor.

I'd say false.


Of course, I'm not an economist, I just play one on the internet.... or something.

 

1.27 right now.

Amazing what a few hours in the Library on Saturday will do, they go and lower gas prices on me.

 

CaptainO....don't feel too bad....
right now, here in Lost Angeles premium unleaded is anywhere from 1.89 to 2.05, and we don't have the luxury of having someone pumping it for us.

I was in NJ a few months ago (Edison and Princeton) Haven't been there in quite a long time and was amazed to find gas prices as low as they were, and that it was full service to boot. I got out of my rental and started pumping my own gas and this guy who worked there came up to me and asked me what I was doing. I looked around a realized that there were people who worked at the gas station and they did this for you. I haven't seen that in Los ANgeles for over twenty years.

There are a few stations around that offer full service, but it's around 3.00 a gallon if you go that way.

Oh yeah...and you have 93 octane
We've only got 91 and it's has a ton of California mandated additives that make the gas mileage crappy so that equates into even high gas prices per mile...

Screw it...I'm moving to New Jersey.

Oh wait...it's snowing there...never mind.

 

Around here (Dallas) Diesel prices flucuate similar to gas prices around vacation times and holidays. Although it's almost always cheaper than gas

But they may just be here, since a diesel F250/F350 can be seen on practically every corner, so most of the gas stations have started to sell diesel along with gas, especially the stations on the highway. Just about every station along I-20 carries diesel now.

To original poster: 87 was 1.349 earlier today.

 

I think I paid $1.59 for 93 octane this past week. It's been hanging pretty steady near there for a couple weeks.

 

$1.38 for 87

 

At the moment Shell and Citgo are $1.76 for 93. Goes up or down every time I fill up.