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 ProwlerOnline, Plymouth/Chrysler Prowler Discussion Forum
 Off Topic Discussion
 $3.50 a Gallon by Labor Day?
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| Author | Topic: $3.50 a Gallon by Labor Day? |
BeWare                    POA Site Supporter Prowler Junkie From:Acworth , Georgia , USA |
posted 07-23-2008 03:56 PM
    
Expert: Gas Prices Dropping Like A Rock Analyst Says Prices Could Go Well Below $4 A Gallon By Labor Day Reporting Susan Carlson CHICAGO (CBS) ¯ Finally, there's some good news about gas prices. They've dropped nationwide by about a nickel, and as CBS 2's Susan Carlson reports, analysts are predicting even bigger drops through the rest of the summer. For the first time in awhile, drivers can fill up at the pump without a pained expression. "We saw a substantial drop in the price of crude oil, which it appears gas station owners were in a hurry to pass on to consumers," said Phill Flynn, Vice President an Senior Market Analyst at Alaron Trading. AAA reports gas prices in the Chicago area are averaging $4.25 a gallon Wednesday. That's down from $4.27 Tuesday, and $4.33 last Friday. "So often we hear gas prices rise like a rocket and drop like a feather, this time, they're starting to drop like a rock and that's a good thing," Flynn said. That's partly because demand is down about 4 percent from where it usually is. Many people have put the brakes on driving this summer because it costs too much. The promise of a bargain has many people flocking over the border. At a gas station on Indianapolis Boulevard in Hammond, Ind., CBS 2 found gas for just $3.75 a gallon. "I rehab houses in the area, Gary and so forth, so it's worth the while to drive over from Crete," said Troy Brown. Customers are pouring into Luke's Gas Station from the south suburbs and other parts of Indiana. "I'm just over in Highland, a few miles away, and as soon as you cross over into Hammond, the gas is at least 10 cents cheaper," Suzanne Stinnett said. But soon, you may not have to go as far as Hammond to get a good deal. Analysts say right now, gas prices are on track to keep plummeting through the end of the summer. "We could see $3.70 in the city and if we get really lucky, maybe $3.50 by Labor Day," Flynn said. |
ed monahan POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 07-23-2008 04:58 PM
Gas here is in the $ 3.70 to 3.75 range. I saw it in N. KY last night for 4.15, a full 40 to 45 cents higher than 5 miles north in OH. |
phil2237 POA Site Supporter Prowler Junkie From:PLACENTIA CALIFORNIA |
posted 07-23-2008 06:06 PM
Gas here dropped to $ 4.35 for regular |
Dave Mills POA Site Supporter Prowler Junkie Personal ScrapBook From:Johnstown, PA, USA |
posted 07-23-2008 06:19 PM
still $3.999 here for regular, no change |
SuperKat POA Site Supporter Prowler Junkie From:Atlanta, Georgia, USA |
posted 07-23-2008 09:04 PM
Dropping like a rock? they can write that story when it hits $2. $3.50 does not sound like a deal to me. |
WildCat POA Site Supporter Prowler Junkie Personal ScrapBook From:North Louisville, Indiana, USA |
posted 07-24-2008 12:34 AM
bought diesel today and paid 4.63, the Flying J across the interstate was 4.52, so much for buying at Pilot ------------------
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MIKE GATLIN POA Lifetime Supporter Prowler Junkie From:Flushing, MI |
posted 07-24-2008 07:26 AM
Capacity utilization was down a few percentage points yesterday. Let the manipulation begin/continue! If gas drops much farther we are probably in for major refinery maintenance program. |
ALLEY CAT POA Lifetime Site Supporter Prowler Junkie From:mesa, az, USA |
posted 07-24-2008 07:48 AM
MG > I'm sure there must have been one or more refineries disturbed by the Dolly hurricane yesterday,,,,,,,,,prices will need to adjust up until the repairs can be done  |
ETMIDZT POA Site Supporter Prowler Junkie From:Spring Lake, Mi. USA |
posted 07-24-2008 08:30 AM
Someone will Fart in Iran & prices will jump again....JMO! |
catfish POA Site Supporter Prowler Junkie From:scottsdale,az,usa |
posted 07-24-2008 08:43 PM
i'd settle for 2.50,thats not going to happen.i said it here first,there setting us up for another big one.just wait,its coming. ------------------ |
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Jim S POA Site Supporter Prowler Junkie From:Oak View,Ca. |
posted 07-24-2008 09:08 PM
Well folks, you might have your refinery capacity interruption now. Last Friday there was a crane collapse (million pound mobile crane, one of the largest in the country)at LyondellBasell refinery in Houston. 4 killed and the crane was scheduled for the start of a turnaround next week. Not sure how long the refinery will be down, and wether or not it will affect production long term, but it's liable to have a short term impact. |
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hotroddaddy Prowler Junkie From:TX |
posted 07-27-2008 06:20 PM
saw regular unleaded gasoline priced $3.589/gallon @ Citgo, $3.609 @ Chevron and $3.619 @ Texaco ..... yesterday in NW Houston/Spring area. Two of these stations are adjacent each other and the Citgo is down the road a little bit. Go a mile outside that area and prices were in the $3.799 to $3.999 range again...... maybe a local gas war? My daughter-in-law told me that they saw gasoline $3.549/gallon yesterday in Victoria, TX. Hopefully, the lower prices will remain awhile. This message has been edited by hotroddaddy on 07-27-2008 at 06:21 PM |
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Dave Mills POA Site Supporter Prowler Junkie Personal ScrapBook From:Johnstown, PA, USA |
posted 07-27-2008 06:35 PM
We had our first decrease today. Down to 3.899 for regular. |
Kala POA Site Supporter Prowler Junkie From:Ojai, Ca /USA |
posted 07-27-2008 07:31 PM
I was amazed the other day to see $4.18 in Oak View... Jim S must be doing something right down there
This message has been edited by Kala on 07-27-2008 at 07:33 PM |
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ed monahan POA Lifetime Site Supporter Prowler Junkie Personal ScrapBook From:Cincinnati, Oh, USA |
posted 07-27-2008 11:00 PM
I paid $3.60 last night but some are still in the 3.70 to 3.75 range here. |
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ochanel91387@yahoo.com Prowler Enthusiast From:Acton, CA, United States |
posted 07-28-2008 12:18 AM
$4.22 here, and that is the cheapest |
mspe01 Prowler Junkie From:flint |
posted 07-28-2008 11:18 AM
3.57 close by flint mi today  |
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WildCat POA Site Supporter Prowler Junkie Personal ScrapBook From:North Louisville, Indiana, USA |
posted 07-28-2008 11:35 AM
paid $3.65 last night in Whiteland IN |
DON WIEBER POA Site Supporter Prowler Junkie From:Avon, mn, us |
posted 07-28-2008 03:39 PM
paid 3.61 on sunday. |
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metschers POA Site Supporter Prowler Junkie From:Billings, Missouri USA |
posted 07-28-2008 08:06 PM
Paid $3.41 this afternoon,was $3.45 this morning.Price has been dropping about 4 cents a day for over a week now. |
Kevin A POA Site Supporter Prowler Junkie From:Gahanna, Ohio |
posted 07-28-2008 09:17 PM
I'm concerned for the oil speculators. How will they earn a living now with prices dropping? (NOT!!)  |
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Kala POA Site Supporter Prowler Junkie From:Ojai, Ca /USA |
posted 07-28-2008 09:22 PM
quote: Where did you get $4.22??? I paid $4.29 this morning at the 76 in Acton.... |
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