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Analyst predicts plunge in gas prices

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Old Sep 14, 2006 | 01:52 PM
  #1  
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Analyst predicts plunge in gas prices

http://seattletimes.nwsource.com/htm...nsumers14.html

WASHINGTON — The recent sharp drop in the global price of crude oil could mark the start of a massive sell-off that returns gasoline prices to lows not seen since the late 1990s — perhaps as low as $1.15 a gallon
Could be good times for Mustangs!
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Old Sep 14, 2006 | 02:06 PM
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From: San Diego
Maybe on the East coast but here on the west coast we always get the shaft. I'd say we pay between 15-25 cents more than you guys at any given time. Yes prices have dropped here to but never as much as you guys. It seems like no matter what we'll never be as low or lower than you.
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Old Sep 14, 2006 | 02:40 PM
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From: SoCal
And Hawaii is 50 to 65 cents more a gallon than us in CA! I know.. I had to fill up a 4WD SUV 3X in a week!
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Old Sep 14, 2006 | 06:48 PM
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05GT-O.C.D.'s Avatar
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I think Stark County, Ohio has the cheapest gas prices in the Country. I filled up for $2.10 the other day, and it's been as low as $1.99 in the area. Not too bad considering how bad it was. I just hope the trend continues.
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Old Sep 14, 2006 | 07:20 PM
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Upon examining the article further, that low price would only be short-lived along with the prospect of "1999-level" gas prices returning. IMO, oil companies know that consumers will pay high prices despite all the grumbling and find ways to minimize any expected price drop. OPEC would definitely cut production as well. Just hope this doesn't spark a mass return to fuel-swilling trucks and SUV's which are fine for hauling/towing/work, but makes no sense otherwise as a single-occupant personal vehicle.

Hey TacoBill, there are a couple of baboozes on the radio who claim they will picket (gas stations?) if the prices here on Oahu don't drop to 30 cents more than mainland prices after 6 weeks from Tuesday (9/12). No can, cuz!
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Old Sep 14, 2006 | 09:38 PM
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From: SoCal
Originally Posted by hi5.0
Hey TacoBill, there are a couple of baboozes on the radio who claim they will picket (gas stations?) if the prices here on Oahu don't drop to 30 cents more than mainland prices after 6 weeks from Tuesday (9/12). No can, cuz!


Good luck Bro! I hope that the prices do drop for you guys.
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Old Sep 14, 2006 | 09:59 PM
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Originally Posted by hi5.0
Upon examining the article further, that low price would only be short-lived along with the prospect of "1999-level" gas prices returning. IMO, oil companies know that consumers will pay high prices despite all the grumbling and find ways to minimize any expected price drop. OPEC would definitely cut production as well. Just hope this doesn't spark a mass return to fuel-swilling trucks and SUV's which are fine for hauling/towing/work, but makes no sense otherwise as a single-occupant personal vehicle.

Hey TacoBill, there are a couple of baboozes on the radio who claim they will picket (gas stations?) if the prices here on Oahu don't drop to 30 cents more than mainland prices after 6 weeks from Tuesday (9/12). No can, cuz!
Hey bra,
They figure you guys need to pay more because you fill up less because you just driving aruond the island -yeah. Guys still cruisin waikiki friday, saturday night? If it gets too expensive there is always the bus.
Ex kailua guy
shakka braddah
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Old Sep 14, 2006 | 10:14 PM
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From: SoCal
Originally Posted by st06vert
...Ex kailua guy
shakka braddah
Haha! I day hopped over to Oahu (from the Big Island) and noticed that the gas is a bit cheaper there compared to stations in Waimea and Kona.

Lemme tell you, the traffic on H1 and H2 is unreal!
Took me almost an hour to get from Diamond Head up to the 99 to the Dole Plantation!
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Old Sep 14, 2006 | 10:54 PM
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Originally Posted by TacoBill
Haha! I day hopped over to Oahu (from the Big Island) and noticed that the gas is a bit cheaper there compared to stations in Waimea and Kona.

Lemme tell you, the traffic on H1 and H2 is unreal!
Took me almost an hour to get from Diamond Head up to the 99 to the Dole Plantation!
Stay away from h1 and h2 everyone is on there. One hour is not bad actually. Remember you can't bring the stang with you and speed during vacation.
suppose to be relaxing and enjoying - its not the mainland.
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Old Sep 14, 2006 | 11:09 PM
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From: Tornado Alley
I paid $2.12 yesterday. I am waiting for the first under $2 battle here.
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Old Sep 15, 2006 | 07:16 AM
  #11  
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From: SoCal
Originally Posted by st06vert
.. Remember you can't bring the stang with you and speed during vacation.
You'r right about that... I had a Jeep Wrangler for a rental (by choice ).



Originally Posted by OKCMustangGT
I paid $2.12 yesterday. I am waiting for the first under $2 battle here.
That's a great price!
I just paid $2.79 this morning at Mobil (87 Reg for my Taco); cheapest around my area besides the 'El Cheapo' gas stations.
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Old Sep 15, 2006 | 07:39 AM
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2.33 this morning at one of the places that is usually higher than everyone else. Its lower than everyone now which caught me off guard. Im not complaining one bit!
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Old Sep 15, 2006 | 08:18 AM
  #13  
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i paid 2.39 yesterday and was happy.
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Old Sep 15, 2006 | 06:27 PM
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Originally Posted by st06vert
Hey bra,
They figure you guys need to pay more because you fill up less because you just driving aruond the island -yeah. Guys still cruisin waikiki friday, saturday night? If it gets too expensive there is always the bus.
Ex kailua guy
shakka braddah
Ha ha! If you've ever been stuck on H1 trying to get into or out of town, that's where most of the gas goes - crawling in stop-and-go traffic. Even weekends are like that now. My relatives say Maui is getting there as well . You don't even want to know how much gas goes for on Lana'i since there is only one gas station on that island. I do use "TheBus" sometimes since I no longer have a car (currently looking for another one). My regular means of transportation? I get da black rubbah slippaz! No can go wrong. Still, might need an alarm because they've been ripped off a few times while I was out surfing. Those are the 1.99 specials too. I guess there are people more "Pake" than me (don't mean to offend anyone out there!) Yeah, people still cruise Waikiki, don't think that'll really go away anytime soon. Anyways, it's Aloha Friday, no work till Monday...
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Old Sep 15, 2006 | 06:53 PM
  #15  
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From: SoCal
Originally Posted by hi5.0
... My regular means of transportation? I get da black rubbah slippaz! No can go wrong. Still, might need an alarm because they've been ripped off a few times while I was out surfing. Those are the 1.99 specials too...
Funny!

I (and my niece) picked up several "Local" slippas to take home, massage kind, that were on sale at Long's Drug for $1.99!

Great price and comfortable, can't beat it!
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Old Sep 18, 2006 | 01:32 PM
  #16  
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Most recent stats from gasbuddy.com. BTW in case you guys have never heard of gasbuddy.com its an awesome sit that will help you find the cheapest gas near you.

10 Lowest By State
StatePriceTrendMissouri2.129Iowa2.204Ohio2.214Kentucky2.215Oklahoma2.228Indiana2.237Minnesota2.262Michigan2.263Tennessee2.276South Carolina2.278
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Old Sep 18, 2006 | 05:18 PM
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Just paid $2.19 in Florence,AL at the BP station!!!
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Old Sep 18, 2006 | 05:34 PM
  #18  
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You guys are lucky... I paid $2.79 in upstate NY and thought I got a steal based on recent prices!

Rich
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Old Sep 18, 2006 | 06:06 PM
  #19  
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From: Las Vegas
Yeah, it's still in the $2.79 range here in LV. Hoping it goes down soon though.

Is 30 years too long to say I'm a former Makakilo boy?
Last time I drove H1 I was on my step-dad's Harley, with him running a video camera on the back. But even that was 14 years ago.
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Old Sep 18, 2006 | 06:55 PM
  #20  
05GT-O.C.D.'s Avatar
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From: Football HOF, Canton OH
I don't think it's any surprise that NY and CA have some of the highest gas prices... could it be special blends to meet environmental regulations?
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