Anyone notice that oil is falling??
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From: Northern VA
I hope I'm wrong about this, but, I doubt that we will ever see the price of a gallon of gas go below $2.00 again. In fact, if it stays at $3.00 + very much longer, we will probably see it go down into the $3.30 - $3.50 range and stay there. Now that the market has proven we will pay it, it will stay. Even when the price per barrel of oil goes down to pre-Katrina prices.
I remember buying gas when it was less than a dollar. I remember, as a senior in high school, the price bouncing between .89 cents and something over a dollar per gallon. It wasn't long after that, the market proved it could (and would) pay over a dollar, and it stayed there. That was 21 years ago. And the oil crisis of the 70's started in 1973 or so, with the oil embargo placed upon the US. Again, some 15 to 20 years before the price fluctuations in '87-'90. So, to me, there is a trend starting to appear. If the price per gallon started going up and down about a year and a half ago, we may have another year or so before it calms down. And then we can probably expect another fluctuation in another 15 to 20 years.
Anyone agree?
I remember buying gas when it was less than a dollar. I remember, as a senior in high school, the price bouncing between .89 cents and something over a dollar per gallon. It wasn't long after that, the market proved it could (and would) pay over a dollar, and it stayed there. That was 21 years ago. And the oil crisis of the 70's started in 1973 or so, with the oil embargo placed upon the US. Again, some 15 to 20 years before the price fluctuations in '87-'90. So, to me, there is a trend starting to appear. If the price per gallon started going up and down about a year and a half ago, we may have another year or so before it calms down. And then we can probably expect another fluctuation in another 15 to 20 years.
Anyone agree?
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From: Hammer Lane
That's about $65 a barrel in 2000 dollars.
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From: Northern California
It fell from 4.57 to 4.53 at my local shell. And thats for only 87 octane.
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From: Burleson, Texas
I hope I'm wrong about this, but, I doubt that we will ever see the price of a gallon of gas go below $2.00 again. In fact, if it stays at $3.00 + very much longer, we will probably see it go down into the $3.30 - $3.50 range and stay there. Now that the market has proven we will pay it, it will stay. Even when the price per barrel of oil goes down to pre-Katrina prices.
I remember buying gas when it was less than a dollar. I remember, as a senior in high school, the price bouncing between .89 cents and something over a dollar per gallon. It wasn't long after that, the market proved it could (and would) pay over a dollar, and it stayed there. That was 21 years ago. And the oil crisis of the 70's started in 1973 or so, with the oil embargo placed upon the US. Again, some 15 to 20 years before the price fluctuations in '87-'90. So, to me, there is a trend starting to appear. If the price per gallon started going up and down about a year and a half ago, we may have another year or so before it calms down. And then we can probably expect another fluctuation in another 15 to 20 years.
Anyone agree?
I remember buying gas when it was less than a dollar. I remember, as a senior in high school, the price bouncing between .89 cents and something over a dollar per gallon. It wasn't long after that, the market proved it could (and would) pay over a dollar, and it stayed there. That was 21 years ago. And the oil crisis of the 70's started in 1973 or so, with the oil embargo placed upon the US. Again, some 15 to 20 years before the price fluctuations in '87-'90. So, to me, there is a trend starting to appear. If the price per gallon started going up and down about a year and a half ago, we may have another year or so before it calms down. And then we can probably expect another fluctuation in another 15 to 20 years.
Anyone agree?
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It has never broke $4.00 dollars here, but it has went from $3.97 to $3.88 this weekend. It is a start, but I noticed on a oil news site that I read that they mentioned the tropical distubance in the gulf. They just look for reasons to raise the price of gas. I am going to be pissed if oil raises to $150 a barrel for a storm in the Gulf when it has been falling steadily..
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From: DFW
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From: Arkansas
*jumps up and down and screams HELL YEAH*
but only when that happens
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From: Houston
Yeah it hit catagory 2 just before landfall, I really doubt it caused any real damage as it is just not a very powerful storm