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Topic: Gas prices to peak in June, gov't. says...
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idive Prowler Junkie Posts: 8483 From: Texas USA Registered: APR 2003
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posted 04-09-2004 09:49 PM
The U.S. Energy Department expects gasoline prices to peak in June at about $1.80 for a gallon of regular unleaded and then gradually decline through the summer - with possible price spikes along the way, according to the department's latest monthly forecast. That's slightly lower than last month's forecast, which called for peak prices of $1.83 cents a gallon. The April outlook predicts that gasoline prices will average $1.76 a gallon for the full year - 20 cents higher than last year, and two cents higher than the average projected in the department's March report. Summer gasoline demand is expected to hit a record 9.32 million barrels per day, up 2.2 percent from last year. U.S. gasoline production is projected to reach a summer record of 8.46 million barrels per day, up 2.4 percent from last year. The shortfall will be made up by imports of some 864,000 barrels per day, up 2 percent from last summer, according to the latest monthly forecast.
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maverick1 Prowler Junkie Posts: 108 From: New Port Richey Fl. USA Registered: FEB 2004
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posted 04-09-2004 10:34 PM
$1.91 for premium gas here already!!! Does anyone burn regular gas in their cat, and if so how does it run?Mav
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tangled up in BLUE Prowler Junkie Posts: 11086 From: New Castle, Ind Registered: DEC 2000
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posted 04-09-2004 10:38 PM
I remember living in Texas when gas prices were pushing .50 cents per gallon ....it was getting alot more press than the prices now......people were REALLY PI$$ED
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Bcoffman Gray Ghost Prowler Junkie Posts: 2418 From: Marshall,Mo.65340 Registered: DEC 2002
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posted 04-10-2004 10:44 AM
quote: Originally posted by tangled up in BLUE: I remember living in Texas when gas prices were pushing .50 cents per gallon ....it was getting alot more press than the prices now......people were REALLY PI$$ED
Three of my buddies and I went to my dad's car lot and got the keys to one of the used cars to run one night. Low on gas. Pooled all our cash. $1.37. Went to the discount (Imperial) station. $0.19.9 per gallon. Ran all night on $1.37. Ahhhhh youth.
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tangled up in BLUE Prowler Junkie Posts: 11086 From: New Castle, Ind Registered: DEC 2000
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posted 04-10-2004 10:50 AM
the lowest I remember paying was in the late 1960s...about .25-.27 cents per gallon....I remember stopping for a dollar of gas lots of times for a big block engine.....but I was only making $1.35 an hour....car payment was $91. per month....lived at home for free....no wife, no kids, just fast cars, rock and roll and pretty girls..............
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Marty Usher Prowler Junkie Posts: 13833 From: San Antonio, Texas Registered: JUN 2001
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posted 04-10-2004 11:12 AM
I remember gas wars in the late 60's and a couple of gas stations got down to .19 a gallon for a week or so. Normal prices at cut rate stations then were in the upper 20's. Mav- I would not run mine with anything other than premium since I have modified the engine and have no knock sensor either. I have heard of some running the middle grade but if you plan to run the car hard at all and do any aggressive driving I would suggest staying with Premium.
If you only drive it weekends or occassionly you will not be spending a lot anyway. If you drive it daily and are tempted on occassion to run it hard - stick with the 92 or 93 Octane.
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Larry Lord Prowler Junkie Posts: 3709 From: Colton, CA Registered: JUL 2000
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posted 04-10-2004 12:38 PM
I run regular 90 percent of the time unless I'm towing my trailer or doing some performance driving. No ill effects whatsoever for (two different cars) over 100,000 happy smilin' miles.
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meancat Prowler Junkie Posts: 3635 From: MODDERSVILLE, MICHIGAN Registered: AUG 2002
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posted 04-10-2004 01:38 PM
All the Moddersville gas stations are $1.85 9/10 TODAY.Get outside the city you can get it for $1.83 9/10.Not a big saving's.But I have to commute.------------------
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Marty Usher Prowler Junkie Posts: 13833 From: San Antonio, Texas Registered: JUN 2001
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posted 04-10-2004 01:43 PM
1.57 Thursday for regular, $1.65 today. They usually goup overnite Thursday and drop again Monday evening.
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Chromer Prowler Junkie Posts: 2723 From: Denver, Colorado, USA Registered: DEC 2000
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posted 04-10-2004 03:40 PM
quote: Originally posted by idive: The U.S. Energy Department expects gasoline prices to peak in June at about $1.80 for a gallon of regular unleaded and then gradually decline through the summer
Idive.... Don't put too much faith in what the government says. I work for the refining side of an oil company, and that's not what I'm hearing. I've been told to expect $3.00 a gallon gas on both coasts and the Chicago area for most of the summer? Non EPA mandated Super-blends of reglar gasoline may be two or three bits less for inland market areas? I hope you're right...
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01BLUE Prowler Junkie Posts: 98 From: CT Registered: FEB 2004
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posted 04-10-2004 04:23 PM
Paid $2.13.9 in CONNECTICUT TODAY , I run regular allot and thought I would treat it with the good stuff it runs the same on either !
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ed monahan Prowler Junkie Posts: 33595 From: Cincinnati, OH Registered: JUL 2000
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posted 04-11-2004 12:11 AM
Tangled, I had no idea you were raised by Abe Lincoln. Did you have an outhouse or indoor plumbing? lol You are a lot older than you look.
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idive Prowler Junkie Posts: 8483 From: Texas USA Registered: APR 2003
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posted 04-11-2004 01:08 AM
Chromer - I was just relaying an article I found online on MSNBC news site...
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texasjr Prowler Junkie Posts: 120 From: San Antonio, Texas USA Registered: SEP 2002
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posted 04-11-2004 09:41 AM
Tangled up in Blue - Cool photo!JR ------------------ F R (JR) Karbowski Jr 1999 Red Plymouth Prowler w/ matching trailer *XM Satellite Radio, Borla Exhaust and MTD 2.2 Cold Air Intake 2004 Subaru WRX sedan (daily driver)
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Black Tie 161 Prowler Junkie Posts: 3563 From: MD, USA Registered: JUL 2002
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posted 04-11-2004 11:54 AM
Errr....yeah.Good thing we are winning the war on oil, huh?
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maverick1 Prowler Junkie Posts: 108 From: New Port Richey Fl. USA Registered: FEB 2004
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posted 04-11-2004 05:41 PM
Thanks Marty, I fully intend to stick with the premium gas, but was just wondering if anyone did in fact use regular gas. After reading the replies, I'm convinced to use premium as the manual suggests. I don't drive it that hard, or daily, but I do enjoy kicking it in the *** occasionally.....
Mav
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DR PROWLER Prowler Junkie Posts: 4079 From: TORONTO,ONTARIO,CANADA Registered: JUL 2002
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posted 04-13-2004 10:28 AM
Gas prices are certainly rising all the time. Does anyone actually tally up the bill at the end of the month to see how much money was spent on gas in the household(between all the cars,bikes,boats etc)? Mine is astronomical!
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idive Prowler Junkie Posts: 8483 From: Texas USA Registered: APR 2003
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posted 04-13-2004 10:01 PM
I tally mine up annually, come tax time.
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GenoTex Prowler Junkie Posts: 8492 From: Oakfield, WI, USA Registered: MAR 2002
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posted 04-13-2004 11:08 PM
quote: Originally posted by ed monahan: Tangled, I had no idea you were raised by Abe Lincoln. Did you have an outhouse or indoor plumbing? lol You are a lot older than you look.
Must be older still... I remember 19c gas wars down in SE TExas growin' up some of my first 'regular' jobs paid $3-$5 daily, then my first 'real' job at the ripe old age of 14 paid 35c/hr. First car/note... 1956 Chev... $18 month... total cost $300... just a 10 yr old chevrolet back then This message has been edited by GenoTex on 04-13-2004 at 11:10 PM
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ALLEY CAT Prowler Junkie Posts: 36093 From: Mesa, Az Registered: JUL 2000
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posted 04-13-2004 11:19 PM
Geno - got you beat. Remember gas at 15 cents a gallon,,,10 cents during gas wars! First car, '51 Olds with rebuilt engine and tranny, $75 total price,,,,,car insurance for it = $23.00 for six months. Second car, '49 Ford, $50. Camels/Lucky Strikes 17 cents a pack, PallMall 19 cents a pack. How many remember 15 cent McDonald's burgers and fries, and a dime for a coke there. 5 cent bottles of Coke in machines......................MEMORIES
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Randy Cobb Prowler Junkie Posts: 4070 From: Greensboro, NC Registered: JUL 2002
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posted 04-15-2004 07:42 AM
A little off the subject, but while on nostalgic prices....When I was in college ('72-'77) a local package store ran a combo special where you could get a case of Busch beer and your choice a pack of Marlboros or a bag of Doritos for $10! ------------------
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