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Price of gasoline in your area
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Jan 28, 2016 11:05:32   #
Dngallagher Loc: Wilmington De.
 
hank6595 wrote:
When I was pumping gasoline, for $2.00 you would drive away with ten gallons and we would clean your windshield and give you a free glass. That was over fifty years ago.

tHANKs


Oh yes, and check them fan belts in case its the Gates Mystery Man ;)

Those were the days... $2.00 worth was the most popular amount sold too!

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Jan 28, 2016 11:13:48   #
hank6595 Loc: Amesbury, MA
 
bigalw wrote:
sorry to be a pain, BUT, you're all stating the cost but not the amount ??


19.9 per gallon when I was pumping. Stayed at the price for a long time.

tHANKs

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Jan 28, 2016 11:27:21   #
bigalw Loc: Essex - UK
 
Steve_m wrote:
You are quoting an imperial gallon. US gallon is 3.785 liters.


I appreciate you pointing that out (I hadn't thought of that) but the fact still remains a US sized gallon would still be about $6.00 in the UK

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Jan 28, 2016 11:32:26   #
burkphoto Loc: High Point, NC
 
It's around $1.69 to $1.79 here in the Piedmont Triad (High Point, NC).

Oil is being overproduced right now. Market forces will drive the price low enough to push less efficient producers out of the market. Then it will start going up again.

Some reasons:

• America is producing more oil and importing less these days. This puts downward pressure on foreign oil prices.

• Our neighboring countries are producing more oil.

• The dollar is very strong right now, making foreign oil less expensive for Americans.

• We're lifting sanctions on Iran. They plan to dump about 500 or more billion barrels of oil on the world market in the next year.

• China's economy is cooling down, so they're using less oil.

• Government mandated efficiency rules have slowly lifted the average gas mileage of vehicles sold in the USA. More and more cars are equipped with hybrid drive trains. Conventional engines and drive trains are getting more efficient, AND more powerful.

• 2015 was a record year for car sales, meaning lots of older, more inefficient cars and trucks were replaced by newer, more efficient ones.

• The economy continues to suck, despite what the folks in Washington want to mislead you to believe. Only some sectors are doing better... Others are doing worse.

I'm sure there are other reasons oil prices are getting hammered. As usual, a combination of factors pushes prices up and down over time. Predicting demand for gasoline is complex macroeconomic analysis, depending on many factors.

tramsey wrote:
I've been listening to the news commentators telling me that the price of gas is coming down, down, down.
So what's the price of gas (for cars) in your area and do you think it is good things or has it gone down too far,

I just paid $1.50 here in deep South Texas. I have a good friend that lost his job as an oil worker now he's out pounding the pavement.

I think it has gone down too far and it's going to keep going down.

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Jan 28, 2016 11:41:54   #
brucebc Loc: Tooele, Utah
 
Dngallagher wrote:
You can check on prices around the country here....

http://www.gasbuddy.com

FWIW - we are $1.68.... I am waiting to fill up at .32 like I used to!!!!! :)


I was also going to suggest gasbuddy. In 1966 I paid $.09 in Hamton, Va, they were having a gas war. When it clicked off that is all they would give you. Paid around $.28 in 1968 while going to BYU, but was only making $1.15 per hour.

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Jan 28, 2016 11:50:40   #
burkphoto Loc: High Point, NC
 
hank6595 wrote:
When I was pumping gasoline, for $2.00 you would drive away with ten gallons and we would clean your windshield and give you a free glass. That was over fifty years ago.

tHANKs


My inflation calculator tells me that $2.00 in 1950 is worth $20.11 now. That isn't an accurate reflection of the inflation of gas prices, but rather, the economy as a whole.

Lots of folks now buy $20 worth of gas in cash, at stations where they can get a cash discount.

I do remember gas costing $.22 a gallon at some stations in Greensboro, NC, in the early 1960s. Following the inflation calculator, that's about $1.74 now. So gas prices, adjusted for inflation, are about what they were around here in the early to mid-'60s. (A marketplace basket of other goods and services cost about 1/8 then, what it does now. Of course, working folks made about 1/8 what they do now, too.)

My wife and I can fill up our Priuses for around $18 to $20 right now. :lol:

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Jan 28, 2016 12:05:15   #
Duggy
 
Just my insight of decades of observation. At some point in the future people will see the big picture, The Big oil the
Saudi sheik's will recover more than what we have saved on oil. Be patient it will come.

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Jan 28, 2016 12:10:31   #
dirtpusher Loc: tulsa oklahoma
 
Dngallagher wrote:
Oh yes, and check them fan belts in case its the Gates Mystery Man ;)

Those were the days... $2.00 worth was the most popular amount sold too!


i worked some saturdays, pumped gas for 4 cents a gal. during a gas war. had to wash windshield, check oil and tranny and power steering plus tire pressures. every customer..

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Jan 28, 2016 12:58:56   #
Brian in Whitby Loc: Whitby, Ontario, Canada
 
In Oshawa, east ot Toronto, gas is 89.9 but that is for a litre. It works out to about $3.60 per US gallon. Still it is better than the $1.39 per litre we were paying. or about $5.60 per gallon.

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Jan 28, 2016 13:04:17   #
pyroManiac Loc: HIXSON,TN
 
$1.439 TN. best price I have seen.

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Jan 28, 2016 13:11:38   #
sirlensalot Loc: Arizona
 
In greater Phoenix area, cheapest I have seen is $1.69 at Arco - cash or debit. Majority of stations are at $1.79 with any form of payment.

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Jan 28, 2016 13:18:57   #
sirlensalot Loc: Arizona
 
In greater Phoenix area, cheapest I have seen is $1.69 at Arco - cash or debit. Majority of stations are at $1.79 with any form of payment.
Voters approved a separate hike in sales tax for road repair last November. They are doing a good job with it so far.

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Jan 28, 2016 13:23:28   #
seahawk505 Loc: Albuquerque, New Mexico
 
Here in Albuquerque, Sam's Club price for regular gasoline this week is $1.42 per gallon.

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Jan 28, 2016 13:31:49   #
speters Loc: Grangeville/Idaho
 
tramsey wrote:
I've been listening to the news commentators telling me that the price of gas is coming down, down, down.
So what's the price of gas (for cars) in your area and do you think it is good things or has it gone down too far,

I just paid $1.50 here in deep South Texas. I have a good friend that lost his job as an oil worker now he's out pounding the pavement.

I think it has gone down too far and it's going to keep going down.

Right now, it's at $2.39

Reply
Jan 28, 2016 13:52:35   #
jeep_daddy Loc: Prescott AZ
 
tramsey wrote:
I've been listening to the news commentators telling me that the price of gas is coming down, down, down.
So what's the price of gas (for cars) in your area and do you think it is good things or has it gone down too far,

I just paid $1.50 here in deep South Texas. I have a good friend that lost his job as an oil worker now he's out pounding the pavement.

I think it has gone down too far and it's going to keep going down.


Still $2.49/gal here in California. But that is the lowest it's been in years.

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