Oil Prices Down, How Much Do You Pay For Gas?

[JP_Guinness]

In the last two months, per gallon prices of 87 octane in Washington, DC has dropped from approx 3.80USD to 1.60USD. I was spending almost 60 bucks to fill-up during the summer months, compared to less than 30 bucks today. I'm happy, needless to say.

How long before they rise again? I'm guessing that they over-produced for a bit, and a few months down the road, the oil cartel will reduce supply once again, thereby raising per-barrel costs again. Right?

 

[CaSHMeRe]

talked to a local shell gas station owner here in the valley last night ...

he told me things are looking quite positive right now, and also states within the next 2-3 months, the price per gallon of regular will drop to below $.99/cents here in LOS ANGELES!!!

That means like $.70 - $.80 cents in the rest of the country!!!

THATS INSANE!!!!

 

[youfillintheblank]

I'm gonna start hoarding the stuff, I swear. Who wants to bet that some frigging thing will touch off another round of $140 per barrel next spring/summer? Just like this year when gasoline was more expensive than Bill Gates' farts. I just can't believe that it's gone down over $100 a barrel since July.

 

[KatyS]

Ooops went up overnite 10 cents to 1.58. That was fast, took forever to get under 1.50. Glad I filled up at 1.48 lol.

 

[Monroe]

1.539 In the middle of the mountains

 

[judasburrito]

1.52 in Urbana-Champaign, IL.
I drive a land yacht (take the bus most days, though)

and i'm lovin' it!

 

[phildo]

$1.69 in NW Iowa right now...thank god it's coming down. I can actually drive my car again. It's been sitting in my driveway for 3 months with no gas in it...had to have my gf drive me around.....FREEDOM!

 

[JP_Guinness]

You know, I used to make fun of my friend for buying a scooter and driving it to/from the DC Metro a couple of years ago. His scooter gets approx 70 miles/gallon. That cuts gas prices more than in half. I'm seriously considering it now.

 

[Bertrand]

Get a proper motorbike. Those scooters have no acceleration if you get into trouble at high speed.

 

[TxTrouble]

Dallas, TX area was 1.39 a gal. That was yesterday. I am still in shock that it was less then 20.00 to fill up my tiny suv.

D

 

[slianfoxob]

I filled up with 1.65/g yesterday. I'm oft confused that being so close to Jersey and it's oh so lovely refineries, I'm paying more than people miles from a refinery. Shouldn't the closer transport mean even cheaper gas for moi. not that i'm complaining....1.65 beats 4.75 anyday!

 

[heathmcse]

I paid 1.25 a gallon on friday here in roanoke VA

 

[follower]

$1.57 Arkansas

 

[Voltagevapor]

wow, the least amount i've payed this year was in portland, me ($1.64/gal)

 

[rattlerviper]

$1.67 a gallon here in Scottsdale,Az.

 

[spyderuk]

UK prices have dropped well. We were paying over £1.20 per litre a few months back but now were are around 88.9p per litre.

Feel free to do the maths on the gallon

 

[Chris From Cali]

I just filled up today in California (Wine Country, Inland Empire) and it's $1.77 a gallon which is about 46p a liter.

 

[Mscoffee]

$1.75 a gallon for the cheep stuff.

 

[zoomiegamer77]

$1.32 for Reg. Gas

 

[youfillintheblank]

66.5 cents/litre......lowest price here in years!! I remember buying my car over 7 years ago, and always topping off when it was 60 cents/litre or less.