What has happened over the last 21-30 days that have cause gas prices to drop almost 60 cents a gallon?

Can anyone explain this to me? Wasn't there a pipleline in Alaska that was off line and prices were supposed to go up?

My rocket scientist of a friend(not really, he drives a flatbed) said this morning that "they found a shotload of oil in the gulf" that's why prices have dropped. Lol!

Todays paper said it may go down to under 2.00 per gallon.

WTF?

Does it makes sense?

Actually, instead of paying .60 less, why were we paying more? What is and has happened to cause such a change in so little time?

Thanks

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Enough about me, how are you doing?

Well that is the best darn explantation I could have asked for.

Thanks!

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Enough about me, how are you doing?

I'm still waiting for diesel prices to drop to the same extent. Better grab a Snickers...

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1992 300D 2.5T
1980 Euro 300D (sadly, sold)
1998 Jetta TDI, 132K "Rudy"
1974 Triumph TR6
1999 Saab 9-5 wagon (wife's)

I don't know, but I'm happy. I hope this trend comtinues for a few more weeks. Better go out and get that V12, G Wagen, etc. quick, before the people unloading them realize they once again afford the gas to drive them.

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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles

If they stay cheap I'm getting an SUV, with a big red R bumper sticker!

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2016 Corvette Stingray 2LT
1969 280SE
2023 Ram 1500
2007 Tiara 3200

Never thought I'd say "WOOOHOOOOOO gas is below $3.00 a gallon here, but here goes WOOOOHOOOOOOO gas is below $3.00 a gallon here. I remember when it was 17 cents a gallon....

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"It's normal for these things to empty your wallet and break your heart in the process."
2012 SLK 350
1987 420 SEL

I got a tankful of Exxon 93 octane this morning for $2.75 this morning. There IS a God!

Now if I can find that 560SEC I've been looking for and this trend continues . . . or maybe even a CL600. Woohoo!

__________________
" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century

OBK #55

1998 Lincoln Continental - Sold
Max 1984 300TD 285,000 miles - Sold
The Dee8gonator 1987 560SEC 196,000 miles - Sold
Orgasmatron - 2006 CLS500 90,000 miles
2002 C320 Wagon 122,000 miles
2016 AMG GTS 12,000 miles

i was happy to see diesel down to 2.79.. but i can rember when not 2 years ago it was a dollar cheaper than reg

gas $2.99/gal - dropped $0.20 in the last week.

diesel $3.29/gal - no change in price for weeks

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-livin' in the terminally flippant zone

Woo-hoo for lower gas prices and a second Woo-hoo for selling futures at $68/bbl.

Where is BOT?

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"It's normal for these things to empty your wallet and break your heart in the process."
2012 SLK 350
1987 420 SEL

We are getting close. I saw RUG for $2.70 and diesel for $2.75.

You freely admit that for all to read?

So when will they cut back on RUG production and pick up diesel production so that us diesel owners can celebrate? Sure, diesel has dropped too but its still the same or more than premium gas!

Cheers,

Bill

Its hard for me to be happy when diesel is more expensive than 93 octane. That bothers me a lot more than anything.

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2016 Corvette Stingray 2LT
1969 280SE
2023 Ram 1500
2007 Tiara 3200

Me too. Diesels are all I have these days. Including the tractor! Pretty disappointing when I have to pay 10 bucks just to cut the grass.

I have asked several times in the past but I'll ask again. In '97 diesel was .82/gal while RUG was $1.25 which was the norm for years. By that i mean diesel was always way cheaper than gas. Then, by fall of '97 diesel jumped to the same price as RUG and has been climbing ever since, now surpassing the cost of premium. What the heck happened in '97?

Cheers,

Bill