Gas dropped by ten cents again today, I hope this trend continues now I'm only paying 2.35 versus 3.11 the day after Katrina. I can afford 2.35. I hope it goes down more or at least stabablizes. Of course the oil companies will probabley come up with some stupid excuse to raise it again.
Gas Goes Down Again!
- Thread starter bigwillie
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Patman
Staff member
It's still coming down in Toronto as well. With today's drop in the price of crude and unleaded on the stock market, we'll see another 2 or 3 cent per liter decrease tomorrow morning for sure (our gas prices in Toronto go up and down in step with the stock market)
This morning I started filling up at 2.66 (Shell) and decided to stop at $13. Within a couple of hours it had dropped to 2.61. Let's hope it keeps on sliding down.
I just saw 2.59 today. Thank goodness for that. May it come down even further.
In my part of WA, the gas price rose very fast for three days right after Katrina, and has stayed exactly the same ever since. I haven't seen a gas station change its price in 2 weeks, not even by a penny! I drive by a lot of gas stations too.
Patman
Staff member
As I predicted, our price came down this morning. The morning price on Friday was 103.3 cents per liter, or $3.28 US per gallon. This morning the new price everywhere is now 99.3 cents per liter, or $3.16 per gallon. As always, the prices drop throughout the day in Toronto, last night they touched 93.3 cents per liter in a few areas. I expect tonight it'll be 89.9 in a few spots ($2.86 per gallon)
Well it peaked at the NY. Mercantile @ $2.62 and now its $1.78. so you "could" see it down about $.84 from..but don't count on it..demand is going back and I think you will see another milder bump up.
It is still 2.90 here.
$2.95 Sunoco 93 / $2.69 most 87 NE PA
Down to 2.69 here in Richmond. Got up to 3.29 after the hurricane.
Finally could fill up both cars at less than 3 bucks a gallon.
12 cents to go before the price hits pre-Katrina levels. I filled up both cars with 89 at $2.67 on the Sunday before the hurricane. 89 octane is sitting at $2.79 today. Still have 1/3 (5.25 gal) in the tank of my daily driver and the other car has a full tank. Only had to buy 13 gallons ($3.09)last week to fill the daily driver. The way it is dropping I should see $2.69 or less for 89 by the end of the week to filler her up again.
Crude is down to 63 bucks. I'd be cautously optimistic of it going down further but our appetite is too large. If we could do some serious conserving in the next month and futures dipped below 60 bucks..speculators would be involved in a train wreck. But I doubt it will happen. You probably will se gasoline at no higher than $1.60 with the dollar firming up by Monday at the Merc. Gas would drop accordingly. In Pa. its $2.65..I could see it approaching $2.45
Al
Member
Member # 65
posted September 18, 2005 06:53 PM
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Crude is down to 63 bucks. I'd be cautously optimistic of it going down further but our appetite is too large. If we could do some serious conserving in the next month and futures dipped below 60 bucks..speculators would be involved in a train wreck. But I doubt it will happen. You probably will se gasoline at no higher than $1.60 with the dollar firming up by Monday at the Merc. Gas would drop accordingly. In Pa. its $2.65..I could see it approaching $2.45
I sure hope you are right, but hope is not how it works it is supply and demand. Crude will see 100.00 befor 50.00.
Member
Member # 65
posted September 18, 2005 06:53 PM
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Crude is down to 63 bucks. I'd be cautously optimistic of it going down further but our appetite is too large. If we could do some serious conserving in the next month and futures dipped below 60 bucks..speculators would be involved in a train wreck. But I doubt it will happen. You probably will se gasoline at no higher than $1.60 with the dollar firming up by Monday at the Merc. Gas would drop accordingly. In Pa. its $2.65..I could see it approaching $2.45
I sure hope you are right, but hope is not how it works it is supply and demand. Crude will see 100.00 befor 50.00.
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