Farmington ,New Mexico ---- Discount stations such as grocery stores are the cheapest here. Today they are posting regular at $2.97, diesel at $3.09. Brand named stores are $.06 to $.10 more. Nearly all fuel here comes from a local refiner that's 15 miles away. The same refiner supplys fuel to stations in Albuquerque , and after hauling it 180 miles, sell it for less. Go figure !!! ???
pieman
$2.75 in salem, oregon. been holding at $2.87 here in eugene, oregon for over a week at the cheapest stations and up to $3.30 at highest ones for regular gas.
Interesting to note that this thread started a year and a half ago at $1.50 and now today here in Sumter it hit $2.50 and they're dancing in the streets.
__________________
Glen Coombe AIR #8416
1984 28' Funeral Coach
Golf Professional Sales Rolling Showroom
"I'm not an expert. But I did sleep in an Airstream last night."
Today in Milton, ON unleaded was around 88 cents per litre which is about US$3.00 per US gallon. Earlier in the week it was down to 79 cents per litre which is about $2.66 per US gallon.
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Grant Davidson
Milton, ON
1964 Overlander
2005 F-350 SRW 4x4 crew cab long box
1965 Avion C-10 Truck Camper
"Mid-MO: Regular gas = $2.39 That's down .20 in 3 days in two different drops. What's happening here? No move yet in diesel-why?"
My guess diesel will not come down like the gasoline prices have. Probably because diesel is used so much for winter heat in some parts of the country.
Here in the Omaha area I see 89 octane (10% alcohol) going for $2.46. Has dropped about 40 cents in a relatively short time. Nice.
For all of you Kiplinger Letter readers out there.... and other interested parties.. this blurb just came out today......thought this was interesting.. if forecast plays correct, it shows how we sit on a teeter-totter....called the oil can... so hurry-up..fire up your tow vehicle while can.. get that Airstream on the road.. it's time to take a road trip... The oil price outlook has taken a surprising downward shift
in the past couple of weeks. Why? More-sanguine forecasts
on this year’s hurricane season. No sign so far that tensions with Iran
are escalating. Oil inventories that are more plentiful than expected. And the psychological boost from the big discovery in the Gulf of Mexico, even though it probably won’t produce a drop of crude until 2009 or so.
IF there’s smooth sailing, expect oil at $60 a barrel by year end
and the average U.S. pump price for gasoline around $2.25 a gallon.
__________________ AZstreamin goin' where the weather suits my clothes....
gas prices usually fall after labor day...
and i'd agree the news about the gulf oil discovery
and the non-hurricane
and the quiet regarding iran all play into pricing...
what might happen next week if there is any terrorist activity?
also when bigwigs make public statements prices follow.
so this week when some of the world experts said
oil supply risks are low and prices should fall...
they started falling...
last spring a saudi king said crude prices were too high...
and over 2-3 days prices dropped 10 bucks...
recently i read about a concept called 'storage arbitrage'...google it.
this ny times piece about how new investors are pushing price issues made sense to me...
while oil and gas trade on the futures market as commodities...
storage is yet another layer in price supports...
and the arbitrage market for storage is a new investor game...
investing in petrol takes on so many forms...
while we just think about what comes out of the pump....
or out of the ground...
i agree time for a road trip!
cheers
2air'
__________________ all of the true things that i am about to tell you are shameless lies. l.b.johnson
we are here on earth to fart around. don't let anybody tell you any different. k.v.
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