Wow! Gas on meteoric DROP here. Down $0.40 in just over a week!

[Roland99]

1st week of Aug. I was on vacation in Disney World and got an email from a friend that gas was going up to $3.19. This was Aug. 3. On Aug. 4, every station in town was up to $3.19.

Today, Aug. 12, some parts of town are now down to $2.79. I've NEVER seen gas prices drop that fast. EVER.


Something's afoot...




Although, the stations closest to me were $2.99 when I passed them earlier today. Pisses me off that the "richer" parts of town see prices drop WAY more slowly than the rest of the county but yet they all go up at the same time.

[The_Casual_Observer]

1. No such luck in SoCal. If anything, prices are higher than ever.

[catzies]

6. Boy, yeah. Up here in the 805 too.

x(

[leesa]

24. No kidding. We pay more than anyone, apparently

[smtpgirl]

2. Still paying $3.12 in Germantown, MD,

YEP something's afoot, gouging bastards!!!

Maybe they are letting off, because we now get the "game".

[bluestateguy]

3. They want us to accept a New Normal fotr gas prices

So that we express satisfaction when gas is "down" to $2.79, because it used to be $3.19.

[skids]

4. Low jet fuel demand.

In addition, a friend of mine just got back from Alaska and he was saying there's something fishy going on with this BP field shutdown -- like they shut down one field and then used some emergency leeway they were granted to increase output from a couple others and the amount of oil they are actually producing is higher now than before the shutdown, they just don't want us to know that, and that they actually are dragging their feet on fixing the pipeline in order to extend the amount of time they get to excercise that leeway.

I don't know how reliable that info is, and the guy wasn't solid on details, but he's a schmoozer and often comes up with these tidbits. I certainly wouldn't put it past the corporatists to do such a thing.

[Purveyor]

5. Mid-Michigan down to $2.92 from $3.19 eom

[rocktivity]

7. Something's afoot, all right

Now that the British terror plot has blown up in Bush's face (if you'll pardon the expression), he needs another way to boost his ratings before Cindy gets out of the hospital and the Hurricane Katrina memorials start.

:evilgrin:
rocknation

[Amonester]

8. Down now. Will be back up before it'll go down again, then up like

never before (if the Reptiles steal the elections & soon after Iran is attacked by the oil~grabbing murderers).

S&P: US recession more likely if oil spikes
http://www.abs-cbnnews.com/storypage.aspx?StoryId=46693

NEW YORK - A further spike in oil prices resulting from a broader Middle East conflict would drag an already slowing US economy into recession more easily now than a year ago, Standard & Poor's said on Monday.

The credit ratings agency said it believes the war between Israel and Lebanon-based Hezbollah will be contained, allowing oil prices to retreat. But it also forecast three alternative scenarios -- with a $250 oil barrel sparking global recession in the worst of them.
...
http://www.abs-cbnnews.com/storypage.aspx?StoryId=46693

Triple or Quadruple.

[charlie]

9. If George Gump attacks Iran

He'll find out what worldwide impoverishment and instability really looks like. Hope he's narcissistic enough to not want to spend the rest of his days endangered and reviled as the idiot who blew up the world.

[Amonester]

10. worldwide impoverishment and instability is exactly what t/he/y

want/s...

worldwide impoverishment and instability create millions "new" rebels (uh... sorry: terrariss)

worldwide impoverishment and instability sell much more weapons to all sides and keep' em busy killing

last but not least: worldwide impoverishment and instability catapult the price of oil = BFEE buddie$ to profit like they could never have dreamed they would.

Logic. Simple logic (with that Chenious mob.)

Couldn't feel safer even if I'd try.

[JohMunich99]

11. It must be a plot to get people to vote Republican

:scared:

:sarcasm:

[TygrBright]

12. This makes me wonder...

...if they're testing a new strategy.

1. Inflict huge amounts of pain with high gas prices for many months.

2. A month or so before the election, let them slide way, WAY down.

In the hopes, of course, that people will be so grateful that the pain is lessening, they'll get all irrationally exuberant and vote GOPpie.

Frankly, I don't think it'll work, but a lot will depend on how this 'test run' goes.

skeptically,
Bright

[mykpart]

13. I'll call it a drop when gas once again is below $2.00 a gallon!

[slaveplanet]

14. filled up @$2.69 today

out in rural area, 80 miles later, get back into town and the corner station was at $2.96, and some were $2.99

almost 30 cent difference in 80 miles.

[Cobalt-60]

15. It drops slightly when the Republicans

want to put some movement into the poll numbers.
It's particularly obvious when it backslides in the face of the same conditions they claim warranted the gouging in the first place.

[Roland99]

19. I was curious if it had to do with helping the local school systems...

schools starts next week and $0.40 lower would help ease budget concerns for the school systems.

[Maine-ah]

16. most everyone around here is at 3.10-3.15

[converted_democrat]

17. Still 3.09 a gallon here in Central Florida.. n/t

[ovidsen]

18. It's the Alaska pipeline shutdown!

Or maybe not.

Isn't it curious, what with all the Repug talk about how drilling in ANWR would cap gasoline prices by saving us from the volatility of the global oil market, that when the only pipeline from the North Slope is threatened, fuel prices barely budge? Or even drop??

Under Bush-o-nomics, we all should be paying $5/gallon right now!

Soooooo.... can someone run those arguments about how ANWR oil will save us from super high energy prices by me again? I'm not getting it. No, seriously. I'm not.

[notadmblnd]

20. I couldn't tell you how much gas is around here in MI

I haven't been to the gas station in about 2 weeks. Keeping my butt at home and the old car parked.

[TahitiNut]

21. Down to $2.97 from $3.09 here in the Detroit area in the last week or so.

So, we're at a 1-month low.

http://www.detroitgasprices.com/retail_price_chart.aspx

[notadmblnd]

22. maybe I'll leave the house

next week. I really am becomming a hermit.

[TahitiNut]

23. This weekend has been beautiful.

I drove out to a family gathering in Richmond yesterday and the weather was top-down perfect. M-53 was loaded with more assholes than a obsessive proctologist's waiting room, but the weather was perfect.

[notadmblnd]

28. I know the weather is great

but my reasoning is that there's is no where to go that doesn't cost money and gas and as for sitting around at someone house... I have everything here I need, pool, hot tub.. refridgerator.. why bother leaving? Next week is the Dream Cruise and following that will be Art Eats and Beats, so I'm sure I'll get out in the next week or so. I hope the weather is till great then.

[leftofthedial]

25. prices have steadily climbed here

and are as high as they've ever been . . .

:shrug:

[RebelOne]

26. Gas here where I live in North Georgia has dropped

several cents in the past week. Last week, it was averaging $2.95 to $2.99. Today, most of the stations have it at $2.91 to $2.94.

[ThomWV]

27. Dropped A Dime Here Yesterday (Northern West Virginia)

As I said last week, if you want to know the price of gas tomorrow watch the news tonight, because Supply and Demand had absolutly nothing to do with it anymore.

[kskiska]

29. Dropped from $2.89 to $2.75 here in SC

[zcflint09]

30. 2.85 here, down from 3.19 two weeks ago

Did Bush start pissing oil?

[lindisfarne]

31. Meteoric DROP or RISE? Compare prices to 1-2 years ago. Get used

to it though; as world demand increases, world supply will (at least relatively) decrease.

[Roland99]

32. It's been a steady rise but I've NEVER seen even a $0.20 drop in one week

much less $0.40!

12.5% in one week.