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Cheap gas

Discussion in 'Work Safe' started by meanstreak, Apr 16, 2020.

  1. meanstreak

    meanstreak .30-06 Supporter "Philanthropist"

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    3,235
    How much is gas in your area presently ? I paid $1.12 for regular at Sam's Tuesday. Most of the name brands here are about $1.35 for regular.
  2. John A.

    John A. I'm "THAT" guy Staff Member Global Moderator Moderator

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    14,838
    I haven't bought any gas in a few weeks, but the last I saw was $1.55 gal. I'll have to check tomorrow when I go out.

    The Russians and towel heads are having a price war. It's good for consumers, but it's hurting American producers because we can't produce it as cheap as they can.
    meanstreak likes this.
  3. nitesite

    nitesite Sheepdog Moderator "Philanthropist"

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    5,701
    $1.69 for regular 10% ethanol.
    meanstreak likes this.
  4. Bobster

    Bobster .30-06 Supporter

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    2,042
    Last time I bought Premium (what my car needs/likes), it was less than $2 a gallon...
    meanstreak likes this.
  5. CaddmannQ

    CaddmannQ 12g Supporter

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    7,892
    A dollar more in Cal. . . . $2.47 for 91 octane at our local station.

    under $2 for 87 octane at the chithole way across town
    meanstreak likes this.
  6. MikeD

    MikeD I'm Your Huckleberry Staff Member Global Moderator "Philanthropist"

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    11,908
    It was a $1.14 at Kroger this morning, if I had max fuel points I could have filled up for $0.14 a gallon.
    meanstreak likes this.
  7. John A.

    John A. I'm "THAT" guy Staff Member Global Moderator Moderator

    Messages:
    14,838
    I looked today. Still $1.55 here and that's usually about a nickel higher than many other gas stations locally. I can go to pilot at the next county over and usually save .30C a gallon over what I usually pay here at home. But I don't want to go through a 1/4 tank of gas just to save $8 either LOL
    meanstreak likes this.
  8. Scoop

    Scoop .30-06

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    1,994
    TN: $1.419
    I heard on the radio that Wisconsin was below $1. Can anyone confirm that?
    meanstreak likes this.
  9. CaddmannQ

    CaddmannQ 12g Supporter

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    7,892
    diesel here $3 and up
    meanstreak likes this.
  10. nitesite

    nitesite Sheepdog Moderator "Philanthropist"

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    5,701
    I bought 100% pure gasoline 91-Octane today for $2.09
    meanstreak and MikeD like this.
  11. John A.

    John A. I'm "THAT" guy Staff Member Global Moderator Moderator

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    14,838
    meanstreak likes this.
  12. MikeD

    MikeD I'm Your Huckleberry Staff Member Global Moderator "Philanthropist"

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    11,908
    US and world consumption is wy down with people not working, factories closed, etc.
    meanstreak likes this.
  13. hombre243

    hombre243 20g Elite Member

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    991
    Last prices I saw were about 3-4 weeks ago. In the $1.26/gal range. I have been living on home delivery a lot. Dewitt and Clinton Iowa area is where I live. Lowest prices are at the stations in Davenport IA that are run by the middle eastern families.
    Last edited: Apr 20, 2020
    meanstreak likes this.
  14. Scoop

    Scoop .30-06

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    1,994
    I really appreciate the price updates. I'd like to see locations too.
    Today:
    Hamilton County, TN $1389
    meanstreak likes this.
  15. cmcdonald

    cmcdonald Forum Moderator Staff Member Moderator Supporter "Philanthropist"

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    1,457
    We were all heading into the toilet before this pandemic really broke. Forecasts were calling for a major recession or even a depression back in Dec/Jan.

    I find it more than curious where we’re at right now with the GARGANTUAN amounts of money (debt) our governments are doling out and the very little said about our actual trajectory. I say OUR because the US and Canadian economies are inextricably linked.

    Epidemiologists and economists both have been blowing the whistle in their respective areas to deaf ears for quite a long time.

    Sorry didn’t mean to derail things here......
    meanstreak and John A. like this.
  16. Scoop

    Scoop .30-06

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    1,994
    I had a financial channel on the tv when I noticed that the crude prices came across
    and the bottom of the screen it said something like
    CHANGE -250.33%

    upload_2020-4-21_1-55-26.png
    So I said out loud to my wife [who probably was not listening to me] "That's impossible... the price would have to be less than zero to lose over 100%. I'd love to have a contract for an asset they PAID ME to take."

    I've bought and sold options and commodity contracts in the past and I had never seen anything like this before.

    Then I started thinking about what I learned on the farm 60 years ago... if you buy a contract for wheat then you get wheat. If you don't want the damned wheat you better sell the contract to somebody that does.

    So even tho' I would have somebody paying me to take their oil, I'd have to do something with it... and transportation, storage and distribution ain't free.

    This upsidedown world is still hard for me to get my head around. I'm still dizzy. [Which is probably why my wife doesn't listen to me.]
  17. meanstreak

    meanstreak .30-06 Supporter "Philanthropist"

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    3,235
    I saw regular priced at $1.29 at a Sinclair station near me in Tulsa yesterday. Who knows where it might be today.

    I also saw on a financial channel that the drop in the prices was for May contracts, but June contracts were over $20 per barrel. Go figure.
    cmcdonald likes this.
  18. imcnok

    imcnok .410

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    43
    Yesterday I paid $2.48 for premium....that's New York For ya.
    meanstreak likes this.
  19. meanstreak

    meanstreak .30-06 Supporter "Philanthropist"

    Messages:
    3,235
    Imagine what the price would be if state gasoline taxes decreased proportionately as the oil companies lowered their prices.
  20. Scoop

    Scoop .30-06

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    1,994
    Today in Hixton TN Citgo $0.999.
    meanstreak likes this.

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