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View Full Version : What Are Gas Prices Like In Your Neck of the Woods Now?


HometownGal
02-14-2009, 09:54 PM
$2.05 per gallon here in the Burgh.

"Change We Can Believe In". :jerkit:

SteelCityMan786
02-14-2009, 09:57 PM
$1.99.

MACH1
02-14-2009, 09:58 PM
$1.96 last time I filled up.

Gotta love change. :jerkit:

NEPAsteeler
02-14-2009, 10:15 PM
$1.96 when I filled up today.

MasterOfPuppets
02-14-2009, 10:20 PM
1.89 .....guess its better than 3.89....:noidea:

SteelerNut91
02-14-2009, 10:40 PM
$1.97

steelerbackr4life
02-14-2009, 11:08 PM
2.00 here

devilsdancefloor
02-14-2009, 11:22 PM
1.85 here (last weeek it was 1.74 then the paper wrote a article about gas national avg was 1.85 that day gas went to 1.85)

SteelCurtain7
02-14-2009, 11:39 PM
$1.69.

stillers4me
02-15-2009, 08:09 AM
The cheapest I've paid in the last two months was $1.39, but it's gone steadily back up. Right now it's $1.89 - $1.99. I paid $1.79 yesterday with my 10 cent Kroger discount. I can live with that. (considering it was over $4.00/gal last year.

GutterflowerSteel
02-15-2009, 08:37 AM
I paid $1.95 at Sheetz yesterday.

Steelcitygal87
02-15-2009, 08:42 AM
Around Beaver Co. I have noticed an average of about $1.98 .

Texasteel
02-15-2009, 08:53 AM
Gone up in the last few day. $1.76 in parts of Dallas.

Cape Cod Steel Head
02-15-2009, 08:54 AM
1.89

TackleMeBen
02-15-2009, 10:03 AM
i paid $1.98 yesterday

KeiselPower99
02-15-2009, 10:24 AM
2.05 here.Its better then 3.96 I guess. Still I thought gas prices were causing this recession??? They go down and we are still broke. Someone explain that one.

SteelCityMom
02-15-2009, 10:46 AM
2.05 here.Its better then 3.96 I guess. Still I thought gas prices were causing this recession??? They go down and we are still broke. Someone explain that one.

It depends on where I'm stopping...got gas yesterday for 1.95 though outside of the city.

It's like a vicious circle though, round this time every year gas prices drop (though they have not dropped this significantly in a while), and it always seems to coincide with the end of the Christmas season, when peoples huge credit card bills are due. Then in the summer, after everyone has gotten their tax returns checks, the prices go back up again for the "travel season". Hopefully they don't jack the prices back up as much as they have the past few years though.

I don't know if this happens on purpose or if it's just a crazy coincidence that I notice every year.

mcmac
02-15-2009, 12:36 PM
1.89

Dino 6 Rings
02-15-2009, 12:45 PM
1.78 per here in Arkansas.

As for why the gas prices go up and down, even with Opec indicating they are cutting production, demand is down because the economy is in the tank. Businesses aren't shipping as much goods, or ordering as much goods, or buying as much goods, so the transportation of those goods on trucks is seriously declined. Hence, demand is down. Also, Bush signing the executive order to open up the Off Shore Drilling helped drop prices. See that puts out there the prospect of more supply. Even if they never drill a single drop of oil off shore, the fact they are allowed to, opens up the Prospect of more Supply which then decreases the Futures price per barrell.

Watch, if B.O. uses executive power to Ban offshore drilling again, the prices with sky rocket, again. That will in effect cut off the prospect of future supply, which is what the commodity of oil is traded on. Not how much we have now, how much we had yesterday, but how much supply will their be tomorrow.

I-Want-Troy's-Hair
02-15-2009, 01:11 PM
Oh in California we are at the bargain basement price of anywhere from $2.12 to $2.40 a gallon depending on what side of town your on.

But don't fret California it gets better our state legislators who I lovingly refer to as union whor** passed the state budget yesterday and one of the "big five" tax increase will be to to raise the gasoline tax by an additional .12 cents a gallon which comes out to a 25% increase so slap that on top of the prices above. And that is just the tip of the iceberg. Me thinks it's time to leave this state.

Now that is what I call a bargain. :banging:

Galax Steeler
02-15-2009, 01:35 PM
We have an average of about 1.78 not to bad.

fansince'76
02-15-2009, 01:53 PM
In Denver today: $1.79 for regular, $1.92 for premium and $2.09 for super premium.

The Patriot
02-15-2009, 01:54 PM
$1.69.

Damn, where do you live?

sixstringlass
02-15-2009, 03:51 PM
I paid $1.59 yesterday... but on the way home last night, it was up to $1.69.

HometownGal
02-15-2009, 05:17 PM
I should be honored. It seems that Taxlvania is the first to rape its residents on the gas prices. :rolleyes: :jerkit: It was just $1.89 on Thursday, jumped to $1.95 on Friday and as of yesterday, is $2.05 pg for regular unleaded.

stillers4me
02-15-2009, 05:20 PM
I should be honored. It seems that Taxlvania is the first to rape its residents on the gas prices. :rolleyes: :jerkit: It was just $1.89 on Thursday, jumped to $1.95 on Friday and as of yesterday, is $2.05 pg for regular unleaded.

Your state gas taxes are higher in Pa. than in Ohio. My mom only lives about 5 miles from Kinsman, Ohio and it's considerable lower there than in Greenville,

X-Terminator
02-15-2009, 07:45 PM
I should be honored. It seems that Taxlvania is the first to rape its residents on the gas prices. :rolleyes: :jerkit: It was just $1.89 on Thursday, jumped to $1.95 on Friday and as of yesterday, is $2.05 pg for regular unleaded.

Yep, and it'll get nothing more than the "Officer Barbrady" treatment from the media and our precious politicians, because hey, at least it isn't $4.09! :coffee:

Sometimes I really hate this friggin state. Taxylvania is spot on...

SC Steeler Steve
02-15-2009, 08:25 PM
$1.73 here in Anderson, South Carolina

hindes204
02-15-2009, 08:27 PM
$2.29 here in Cali....but on the Air Force base its only $2.05

JEFF4i
02-15-2009, 08:28 PM
Aboot 1.96

Stang909
02-15-2009, 08:33 PM
Its about $1.85 everywhere around here. A couple weeks ago it was $1.65

tony hipchest
01-01-2015, 01:01 PM
1.99

Time to go to war again.

Exxon/mobile profit margins may drop a percentage point.

PeckerWood
01-01-2015, 01:20 PM
$2.14

SteelerEmpire
01-01-2015, 01:31 PM
$1.58 a gal. right around the corner from my crib (in Oklahoma City)

Scottish Steeler
01-01-2015, 03:29 PM
The cheapest I've paid in the last two months was $1.39, but it's gone steadily back up. Right now it's $1.89 - $1.99. I paid $1.79 yesterday with my 10 cent Kroger discount. I can live with that. (considering it was over $4.00/gal last year.

Wow you're lucky! It's £6.50 a gallon here or approx equivalent in dollars is $10.40... And that's the lowest it's been in years!
:banging: :mad:

PeckerWood
01-01-2015, 03:56 PM
Wow you're lucky! It's £6.50 a gallon here or approx equivalent in dollars is $10.40... And that's the lowest it's been in years!
:banging: :mad:

how much tax is on a gallon of gas where you live Scottish Steeler?

18.4 cents federal and 27.5 state tax Georgia. 45.9 cents a gallon in Georgia.

MasterOfPuppets
01-01-2015, 04:48 PM
Wow you're lucky! It's £6.50 a gallon here or approx equivalent in dollars is $10.40... And that's the lowest it's been in years!
:banging: :mad:
scottish your exchange rate is a bit out of date. 1 euro = 1.21 dollars
so 6.50 euro is 7.87 dollars ....:hatsoff:

MasterOfPuppets
01-01-2015, 04:54 PM
$1.58 a gal. right around the corner from my crib (in Oklahoma City)
you suck .. still 2.44 here in western md ...2.84 for 93 octane which is the only fuel my 3.8 supercharger engine drinks. :mad:

BritishSteel
01-01-2015, 05:07 PM
scottish your exchange rate is a bit out of date. 1 euro = 1.21 dollars
so 6.50 euro is 7.87 dollars ....:hatsoff:

Whoa! Did Scotland switch to the Euro? Your British pound sterling is worth about 1.15 in Euros.

To whoever asked what the tax proportion is on a litre of unleaded, it's about 60% of the cost at pump if you add in VAT (our equivalent of Sales Tax).

I once filled up my car in Durness, right in the north of Scotland, and it cost me £85. Prices vary a lot in the UK - at the moment it's cheaper than it's been for 4 or 5 years. I use the word 'cheaper' with some irony.

MasterOfPuppets
01-01-2015, 05:17 PM
Whoa! Did Scotland switch to the Euro? Your British pound sterling is worth about 1.15 in Euros.

To whoever asked what the tax proportion is on a litre of unleaded, it's about 60% of the cost at pump if you add in VAT (our equivalent of Sales Tax).

I once filled up my car in Durness, right in the north of Scotland, and it cost me £85. Prices vary a lot in the UK - at the moment it's cheaper than it's been for 4 or 5 years. I use the word 'cheaper' with some irony.
:doh: my bad... 6.50 pounds is 10.13 dollars. ...i'll just shut up and go sit in the corner now. :nervous:

GodfatherofSoul
01-01-2015, 05:42 PM
I just drove about 1/2 way round trip across the country. My car takes premium, so adjust accordingly. In town it was $2.25/gallon, but I saw as high as $2.65/gallon at some of the highway stops. Even in my parent's little town gas was $2.45/gallon.

MasterOfPuppets
01-01-2015, 07:48 PM
I just drove about 1/2 way round trip across the country. My car takes premium, so adjust accordingly. In town it was $2.25/gallon, but I saw as high as $2.65/gallon at some of the highway stops. Even in my parent's little town gas was $2.45/gallon.
i don't know if it's happening every where or just my area ... but for the past year or so, the price gaps between grades have been getting bigger. traditionally it's always been a 10 cent difference, example 2.00 reg...2.10..mid...2.20 premium..... now i'm seeing 2.00 reg...2.15 mid.....2.30 or 2.35 prem...
it's usually the "branded" stations ( gulf ,bp) doing it more so than the unbranded.

Lokki
01-01-2015, 11:39 PM
$1.97 is the lowest that I have seen where I am.

Scottish Steeler
01-02-2015, 12:04 AM
scottish your exchange rate is a bit out of date. 1 euro = 1.21 dollars
so 6.50 euro is 7.87 dollars ....:hatsoff:

That's not Euros my friend...that's pounds Sterling...and it's roughly $1.60 to the pound.
We don't have the Euro in Scotland :) and I hope we don't get it.
Anyway MOP no time to worry about gas prices as I'm off the the airport to catch my flight to the Burgh. Go easy my friend :hatsoff:

IowaSteeler927
01-02-2015, 01:34 AM
$1.99 a gallon for 87 with Ethanol here in Iowa. I have to use 91 Premium though in my car and Premium seems to run from $2.20 a gallon for 91 with Ethanol all the way up to $2.70 a gallon for straight 91 Octane with no Ethanol added.

Bane
01-02-2015, 01:55 AM
It's in the 2.40s and 2.50s where I live.

Fuck the DMV.

Galax Steeler
01-02-2015, 04:40 AM
http://media-cache-ak0.pinimg.com/736x/3b/15/e4/3b15e452b6c693532263f9fa6cae44a8.jpg


$2.14 around where I live in Hillbilly country

Vis
01-02-2015, 04:55 AM
$1.93 in Greer, SC this morning

WVABE
01-02-2015, 05:15 AM
$2.55 here, a half hour drive into Va. its around $2.00.

MasterOfPuppets
01-02-2015, 01:51 PM
That's not Euros my friend...that's pounds Sterling...and it's roughly $1.60 to the pound.
We don't have the Euro in Scotland :) and I hope we don't get it.
Anyway MOP no time to worry about gas prices as I'm off the the airport to catch my flight to the Burgh. Go easy my friend :hatsoff:
indeed. BritishSteel already pointed out my stupidity http://www.sherv.net/cm/emoticons/fighting/face-slap.gif

MasterOfPuppets
01-02-2015, 01:52 PM
http://media-cache-ak0.pinimg.com/736x/3b/15/e4/3b15e452b6c693532263f9fa6cae44a8.jpg


$2.14 around where I live in Hillbilly country
is that Ned Beatty ?

JonM229
01-02-2015, 01:58 PM
is that Ned Beatty ?

Is he squealing like a pig?

MasterOfPuppets
01-02-2015, 02:10 PM
Is he squealing like a pig?
who galax ? ... all the time.

JonM229
01-02-2015, 02:13 PM
who galax ? ... all the time.

OHHHHHHHHHHHHH!!!

http://i.imgur.com/VQLGJOL.gif

Scottish Steeler
01-02-2015, 04:48 PM
indeed. BritishSteel already pointed out my stupidity http://www.sherv.net/cm/emoticons/fighting/face-slap.gif

No worries my friend. I've just touched down in pittsburgh now....and it's only 6pm lol. I left at midnight last night UK time.
Anyway you guys have got great gas prices....I wouldn't complain too loudly.
Keep it real bro
:thumbsup:

MasterOfPuppets
01-14-2015, 02:14 PM
you suck .. still 2.44 here in western md ...2.84 for 93 octane which is the only fuel my 3.8 supercharger engine drinks. :mad:
down to 2.29 now. still ridiculous compared to other locations.

tony hipchest
01-14-2015, 02:54 PM
$1.87

:shout:-FIRE OBAMA!!!

Geordie
01-14-2015, 05:54 PM
It;s petrol whare we come from, it's a liquid. Gas is well.....a gas! You Americans and mixing up your old type elements.

Anyway £1.03 litre.

Galax Steeler
01-14-2015, 05:57 PM
$1.99 around here

Born2Steel
01-14-2015, 05:58 PM
87 octane depends on the corner. I've seen it as low as $1.35 and as high as $2.05.

SteelCityMom
01-14-2015, 08:30 PM
$2.37 is the lowest in my area (as of today) and looked at the gas price finder for Pittsburgh, and their lowest is $2.35. Most places are still hovering between $2.40-$2.60. Better than it's been in a while, but I'm jealous of some of you lol.

MasterOfPuppets
01-14-2015, 09:01 PM
$2.37 is the lowest in my area (as of today) and looked at the gas price finder for Pittsburgh, and their lowest is $2.35. Most places are still hovering between $2.40-$2.60. Better than it's been in a while, but I'm jealous of some of you lol.
thank your governor for the 10 cent tax they just put on it ...:chuckle:

MasterOfPuppets
01-14-2015, 09:08 PM
It;s petrol whare we come from, it's a liquid. Gas is well.....a gas! You Americans and mixing up your old type elements.

Anyway £1.03 litre.
gas is not a description , it's an abbreviation for the proper name of gasoline. just as petrol is an abbreviation for petroleum , which is a hydrocarbon that GASOLINE,kerosine ,and diesel are made from.
so therefor gas is a more accurate and specific term for gasoline than petro ...:hatsoff:

Lokki
01-15-2015, 05:41 AM
The lowest that I've seen here now is $1.85.

Vis
01-15-2015, 05:42 AM
$1.75 at Costco

tony hipchest
01-15-2015, 08:45 AM
this was pretty interesting to see the trickle down effect quantified-

How did Americans spend the $13 billion they saved on gas?

U.S. retailers enjoyed their best holiday season in years.

But it wasn’t so much the result of outstanding merchandising prowess as it was the benefit of gas prices falling to their lowest levels in five years, putting an extra $13 billion more in consumers’ pockets.

Those unexpected extra billions didn’t all go to retailers--in fact less a third of the windfall did. U.S. consumers actually used a big chunk to drive more, go to the movies more and eat out more. All that explains why holiday season sales, despite a big unexpected boost, still came in a whisker below initial National Retail Federation forecasts. In other words, the cheap gas helped retailers salvage a season that started off slowly with customers showing restraint.

Customer Growth Partners, a retail consulting firm that tracks stores’ sales, dug into the Department of Commerce’s numbers for November and December and estimated that the $13 billion in savings from cheap gas were used in the following manner:

$4.9 billion more was spent on simply using more gas.
$1.8 billion more went to entertainment and services, such as movies, theme parks, content downloads and smartphone subscription/service fees.
$1.3 billion more was spent at restaurants, fast food and bars.
$1 billion more went to things like tobacco, beer, and other “sin” products.
$4 billion more went to the kind of items included in the NRF tally.
Specifically:

Food and beverage stores: $1.5 billion.
Home improvement: $1 billion.
Clothing $1 billion (this is a key category for department stores like J.C. Penney and Macy’s).
Consumer electronics: $500 million.

(U.S. shoppers had $1 billion more in disposable income than last year from other factors, and that helped areas like toys and sports.)
http://www.msn.com/en-us/money/economy/how-did-americans-spend-the-dollar13-billion-they-saved-on-gas/ar-AA8aybr?ocid=bb7hp

JonM229
01-15-2015, 08:48 AM
this was pretty interesting to see the trickle down effect quantified-

How did Americans spend the $13 billion they saved on gas?

http://www.msn.com/en-us/money/economy/how-did-americans-spend-the-dollar13-billion-they-saved-on-gas/ar-AA8aybr?ocid=bb7hp

So you're saying that the average American is better off when oil companies AREN'T reaping record profits? That sounds like a bunch of commie bullshit to me.

tony hipchest
01-15-2015, 09:18 AM
So you're saying that the average American is better off when oil companies AREN'T reaping record profits? That sounds like a bunch of commie bullshit to me.

the funny thing is the biggest slice of the pie in savings went right back to the gas companies!

"obamas socialism is ruining america" at its finest. :doh:

JonM229
01-15-2015, 11:04 AM
the funny thing is the biggest slice of the pie in savings went right back to the gas companies!

"obamas socialism is ruining america" at its finest. :doh:

Gotta save at the pump to spend at the pump

tony hipchest
01-15-2015, 11:26 AM
Amen.

Time to buy that half ton suped up 4x4 to go hot roddin' down the blvd.

(Gotta love communism)

IowaSteeler927
01-16-2015, 06:38 AM
Amen.

Time to buy that half ton suped up 4x4 to go hot roddin' down the blvd.

(Gotta love communism)

I happen to enjoy hot roddin down the blvd.

http://i78.photobucket.com/albums/j99/zclary923/ChargerGG3_zpsdcab886f.jpg (http://s78.photobucket.com/user/zclary923/media/ChargerGG3_zpsdcab886f.jpg.html)

Gas is now a $1.83 for 87 Super Unleaded. Still $2.13 for 91 Premium though...

PeckerWood
01-16-2015, 08:43 AM
I had this fun car I really liked to drive that beast world pass about anything on the road but gas stations. :chuckle:

MasterOfPuppets
01-17-2015, 01:35 AM
down to 2.25 ... but i still had to pay 2.55 for 93 octane ...:mad:

i doubt if we'll see the $2 mark before the shit starts going back up next month.

FrancoLambert
01-17-2015, 10:43 AM
$1.93/gallon for regular in northern NJ

tunajeff
01-17-2015, 11:35 AM
calif 2.39

Galax Steeler
01-17-2015, 02:25 PM
Went down to $1.89 today

Colorado Steel
01-17-2015, 06:19 PM
Went up to $1.76.....from $1.73

MasterOfPuppets
01-17-2015, 07:30 PM
all of you people paying less than 2 bucks a gallon can go eat shit ...:mad:

Galax Steeler
01-18-2015, 07:26 AM
all of you people paying less than 2 bucks a gallon can go eat shit ...:mad:

Now now be nice :chuckle:

MasterOfPuppets
01-18-2015, 11:28 AM
Now now be nice :chuckle:
well it's not fair !!! :sadpace: for 3/4 of the year , we were at , slightly above , or below the national average. now the national average is like 2.08 and we're still at 2.25 ... i smell a conspiracy between the gas stations.

PeckerWood
01-18-2015, 11:41 AM
well it's not fair !!! :sadpace: for 3/4 of the year , we were at , slightly above , or below the national average. now the national average is like 2.08 and we're still at 2.25 ... i smell a conspiracy between the gas stations.

$1.90 and the price is still dropping. :danceguy:

SteelCityMom
01-18-2015, 11:56 AM
$1.90 and the price is still dropping. :danceguy:
I brought you something to munch on. :chuckle:

https://img1.etsystatic.com/013/0/5714223/il_570xN.442008329_ob4z.jpg

SteelerEmpire
01-18-2015, 01:28 PM
The good news is I heard from more than one reputable source that these prices are expected to remain around this same level for at least the next 2 yrs. Gonna drop the top of dad's old convertible he left me and do a lot of driving in the country this summer

MACH1
01-18-2015, 01:39 PM
Saudi prince: $100-a-barrel oil 'never' again

Saudi billionaire businessman Prince Alwaleed bin Talal told me we will not see $100-a-barrel oil again. The plunge in oil prices has been one of the biggest stories of the year. And while cheap gasoline is good for consumers, the negative impact of a 50% decline in oil has been wide and deep, especially for major oil producers such as Saudi Arabia and Russia. Even oil-producing Texas has felt a hit. The astute investor and prince of the Saudi royal family spoke to me exclusively last week as prices spiraled below $50 a barrel. He also predicted the move would dampen what has been one of the big U.S. growth stories: the shale revolution. In fact, in the last two weeks, several major rig operators said they had received early cancellation notices for rig contracts. Companies apparently would rather pay to cancel rig agreements than keep drilling at these prices. His royal highness, who has been critical of Saudi Arabia's policies that have allowed prices to fall, called the theory of a plan to hurt Russian President Putin with cheap oil "baloney" and said the sharp sell-off has put the Saudis "in bed" with the Russians. The interview has been edited for clarity and length.

Q: Can you explain Saudi Arabia's strategy in terms of not cutting oil production?

A: Saudi Arabia and all of the countries were caught off guard. No one anticipated it was going to happen. Anyone who says they anticipated this 50% drop (in price) is not saying the truth.

Because the minister of oil in Saudi Arabia just in July publicly said $100 is a good price for consumers and producers. And less than six months later, the price of oil collapses 50%.

Having said that, the decision to not reduce production was prudent, smart and shrewd. Because had Saudi Arabia cut its production by 1 or 2 million barrels, that 1 or 2 million would have been produced by others. Which means Saudi Arabia would have had two negatives, less oil produced, and lower prices. So, at least you got slammed and slapped on the face from one angle, which is the reduction of the price of oil, but not the reduction of production.

Q: So this is about not losing market share?

A: Yes. Although I am in full disagreement with the Saudi government, and the minister of oil, and the minister of finance on most aspects, on this particular incident I agree with the Saudi government of keeping production where it is.

Q: What is moving prices? Is this a supply or a demand story? Some say there's too much oil in the world, and that is pressuring prices. But others say the global economy is slow, so it's weak demand.

A: It is both. We have an oversupply. Iraq right now is producing very much. Even in Libya, where they have civil war, they are still producing. The U.S. is now producing shale oil and gas. So, there's oversupply in the market. But also demand is weak. We all know Japan is hovering around 0% growth. China said that they'll grow 6% or 7%. India's growth has been cut in half. Germany acknowledged just two months ago they will cut the growth potential from 2% to 1%. There's less demand, and there's oversupply. And both are recipes for a crash in oil. And that's what happened. It's a no-brainer.

Q: Will prices continue to fall?

A: If supply stays where it is, and demand remains weak, you better believe it is gonna go down more. But if some supply is taken off the market, and there's some growth in demand, prices may go up. But I'm sure we're never going to see $100 anymore. I said a year ago, the price of oil above $100 is artificial. It's not correct.

Q: Wow. And you said you are in agreement with the Saudi government to not give up market share?

A: This is the only point I'm agreeing with the Saudi Arabian government on oil. That's the only point, yes.

Q: Should the Saudis cut production if they get an agreement with other oil producing countries to take oil off the market?

A: Frankly speaking, to get all OPEC countries to approve and accept it, including Russia and Iran, and everybody else, is almost impossible You can never have an agreement whereby everybody cuts production. We can't trust all OPEC countries. And can't trust the non-OPEC countries. So it's not on the table because the others will cheat. The past has proven that. When Saudi Arabia cut production in the '80s and '90s, everybody cheated and took market share from us. Plus, remember there is an agenda here also. Although Saudi Arabia and OPEC countries did not engineer the reduction in the price of oil, there's a positive side effect, whereby at a certain price, we will see how many shale oil production companies run out of business. So although we are caught off guard by this, we are capitalizing on this matter whereby we'll live with $50 temporarily, to see how much new supply there will be, because this will render many new projects economically unfeasible.

Q: What about the theory of the pressure on the Russians? There's a theory that the U.S. and the Saudis have agreed to keep prices low to pressure Russia because of what Putin has done in Ukraine.

A: Two words: baloney and rubbish. I'm telling you, there's no way Saudis will do this. Because Saudi Arabia is hurting as much as Russia, period. Now, we don't show it because of our big reserves. But I'll tell you Saudi Arabia and Russia are in bed together here. And both are being hurt simultaneously. And there's no political conspiracy whatsoever against Russia. Because we are shooting ourselves in the foot if we do that.

Q: You said the price of oil will dampen the shale revolution in America. How?

A: Shale oil and shale gas, these are new products in the market. And we see big ranges. no one knows for sure what price is the breaking point for shale. Wells have a higher production cost. And very clearly these will run out of business, or at least not be economical. At $50, will it still be economically feasible? Unclear. This is a very much developing story.

Q: Some people believe this crash in oil will create a lot of new mergers in the energy industry. Do you agree?

A: No doubt about that. For sure there'll be a lot of consolidation in the market. Because many small and medium-sized companies can't afford this. Because they are very much dependent on the price of oil. Big companies like Exxon and Chevron are weathering the oil market crash because they are integrated vertically. But no doubt there'll be some mergers and acquisitions coming in one to two years.

Q: Let me switch to the terrorism in Paris. Terrorists killed the cartoonist who joked about the prophet Mohammed. What is your opinion on this?

A: What took place is a horrendous crime that no one can permit and accept. And unfortunately these small minority people are ruining the name of Islam. Now the whole world — Muslims, Christians, Jews, Hindus, Buddhists, atheists — have to come together and be united, and be sure to eliminate those minority of the Muslim community. Those that hijacked our religion and try to eliminate them not only militarily. That's happening right now against ISIS (the Islamic State) by the Americans and their allies. But also mentally, educationally and culturally, also. This is a disease we are getting at now. This really will put us in the Middle Ages unfortunately. It feels like the Middle Ages right now. But I think that the world is united. I just heard, for example, (U.S. Secretary of State) John Kerry giving a speech in French, which was very nice of him to do. It was a calming process for the French people. My foundation is in communication with the presidential palace in France and the French government, to see what we can do to ... (support) these families and these victims, innocent victims that were under attack. And then we have to show that Islam really is united with Christianity, and Judaism, and other religions in the world to limit this disease from from Earth.

Q: Back to finance. Interest rates have gone down. The 10-year yield dropped below 2%. The Federal Reserve ended quantitative easing. But markets seem to be thinking the other way, that rates are going lower.

A: You are talking about the last two weeks. And remember, the last two weeks were a Saudi panic situation, price of oil collapsing. The stock market collapsing. So don't use this as the barometer indicator, the last two weeks. This was a panic situation. The Fed is navigating rates higher slowly.

Q: The stock market started the year off with heavy selling. What about some of your other investments, in media, banking and in technology? Such as Twitter or jd.com. Would you put new money to work in this market today?

A: Clearly the year began with a sell-off because there are so many events that came together. People are taking profits because 2014 was very good. And also, they had this oil crisis, whereby everyone was caught off guard by this major crash in the price of oil. But I think the U.S. economy is doing really very well. Especially relative to the rest of the world. The big question right now is what happens to Germany. Because Germany really is the anchor of all Europe. Also, Japan, and India, and China. These are the three major countries that the world depends on. So, there are opportunities. But also many risks here. If Japan, China, India and Germany improve 1% or 2%, this would be a major improvement for growth globally.

Q: Do you think the European Central Bank should come up with stimulus?

A: There's a struggle right now between ECB President Mario Draghi, who is pushing for a stimulus, and Angela Merkel of Germany, who is worried about having inflation. We're seeing a clash over there between these two ideas. But I think that Draghi is preparing the market for a stimulus. Yes.
http://www.usatoday.com/story/money/columnist/bartiromo/2015/01/11/bartiromo-saudi-prince-alwaleed-oil-100-barrel/21484911/

PeckerWood
01-18-2015, 02:11 PM
I brought you something to munch on. :chuckle:

https://img1.etsystatic.com/013/0/5714223/il_570xN.442008329_ob4z.jpg

thanks my girlfriend will love those. :chuckle:

you can take a couple she won't mind. :chuckle:

I think you are damn mean cutting off dicks and putting them in a bag :chuckle: Lorena Bobit. :chuckle:

MasterOfPuppets
01-18-2015, 06:46 PM
$1.90 and the price is still dropping. :danceguy:
i hope you fucks in georgia get another 2 inches of snow ...:mad:

MasterOfPuppets
01-18-2015, 06:50 PM
The good news is I heard from more than one reputable source that these prices are expected to remain around this same level for at least the next 2 yrs. Gonna drop the top of dad's old convertible he left me and do a lot of driving in the country this summer
bullshit...that shit will start going up by the end of next month when they start "refinery maitenance" and don't forget the more expensive "summer blend" ... my guess would be 2.60 - 2.80 all summer.

SteelerEmpire
01-18-2015, 06:54 PM
bullshit...that shit will start going up by the end of next month when they start "refinery maitenance" and don't forget the more expensive "summer blend" ... my guess would be 2.60 - 2.80 all summer.

The "summer blend" always brings it up. But hopefully the overall avg. will not deviate so much....

PeckerWood
01-18-2015, 08:44 PM
i hope you fucks in georgia get another 2 inches of snow ...:mad:

me to I need the time off work. :chuckle:

PeckerWood
01-18-2015, 09:05 PM
The "summer blend" always brings it up. But hopefully the overall avg. will not deviate so much....

a long with your state gas tax increase it shouldn't go up to much.

boy Republican Governors sure are licking their chops at raising the gas tax in their states. :mad:

MACH1
01-19-2015, 12:43 AM
a long with your state gas tax increase it shouldn't go up to much.

boy Republican Governors sure are licking their chops at raising the gas tax in their states. :mad:

It's not just repubs that want to raise gas taxes.

As long as it's done in a thoughtful way. :noidea:

As prices fall at the pump, some U.S. lawmakers eye gas tax hike

(Reuters) - As U.S. gasoline prices plunge to the lowest level in more than five years, some U.S. lawmakers see a golden opportunity to bump up taxes at the pump to help pay for the repair of crumbling roads and bridges.

Fuel taxes have been flat for more than 20 years, starving the Highway Trust Fund of revenue used for rising infrastructure repair costs. Lawmakers have fueled the fund with last-minute short-term injections of cash, but want to find a more permanent fix.

Last July, before a similar deadline, Republican Senator Bob Corker of Tennessee and Democrat Chris Murphy of Connecticut proposed raising federal gasoline and diesel taxes by 12 cents a gallon over two years from the current 18.4 cents.

The idea failed to take hold, for the same reason similar proposals failed in the past: the idea of raising taxes on consumers has been anathema to lawmakers on both sides of the aisle, particularly for conservatives who have signed pledges not to hike taxes.

Republican Senator Jim Inhofe, the new chairman of the Senate Environment Committee, said on Wednesday a gasoline tax, or "user fee," as he prefers to call it, was one of the measures "on the table" as his panel works on a new transportation bill this year.

But Inhofe stopped short of supporting such a fee. He said it was unlikely the measure could gain enough support for the Senate to pass it soon. Even if it did, fuel prices could be on their way up by the time legislation passes, he said.

Dick Durbin, the No. 2 Democrat in the Senate, said he favored increasing the gas tax but that it should be coupled with relief for consumers through tax credits or other means.

"I think now's the time to do it, but we ought to do it in a thoughtful way," Durbin told reporters.

President Barack Obama has said he wants to work with Republicans to fund infrastructure through a corporate tax reform package. The White House has made clear Obama is not advocating an increase in the gasoline tax but is willing to look at it if there is a groundswell of support for the move.

http://www.reuters.com/article/2015/01/07/us-usa-congress-gastax-idUSKBN0KG25X20150107

PeckerWood
01-19-2015, 11:37 AM
It's not just repubs that want to raise gas taxes.

As long as it's done in a thoughtful way. :noidea:

was talkin gas tax on the state level.

Geordie
01-23-2015, 05:27 PM
gas is not a description , it's an abbreviation for the proper name of gasoline. just as petrol is an abbreviation for petroleum , which is a hydrocarbon that GASOLINE,kerosine ,and diesel are made from.
so therefor gas is a more accurate and specific term for gasoline than petro ...:hatsoff:

Many thanks for correcting me, just beware of using shortened terms when that shortened term means something else entirely. Petrol fits as it's not known for anything else, Gas does have another usage and thats when in London on the Piccadilly line you wouldn't here "Come on it's Arsenal, let's get off, what do you mean your staying on till Cock" (the end of the line being cockfosters)

harrison'samonster
01-23-2015, 05:30 PM
saw it under 1.80 a gallon today!

MasterOfPuppets
01-23-2015, 09:37 PM
saw it under 1.80 a gallon today!
screw you ...i paid 2.53 today. :upyours:

MasterOfPuppets
02-05-2015, 03:27 PM
went up 6 cents to 2.25 ...i knew we'd never see $2 or under before it started going back up. i'm guessin 2.50 by april 1st.

The_Joker
02-05-2015, 03:34 PM
2$ on the dot right now. Was 1.90$ for a few weeks.

MasterOfPuppets
02-18-2015, 03:13 PM
shot up 10 cents today to 2.35 for 87 octane ... NEVER..have i seen it go down 10 cents in one day. it usually takes 3 weeks to fall 10 cents. :mad:

Gingerchip
02-18-2015, 03:39 PM
saw it under 1.80 a gallon today!

Where??? I'm moving!

Prices just went up last week. Cheapest gas I've seen is 2.69/gal (Northern Cal)

harrison'samonster
02-18-2015, 03:59 PM
Where??? I'm moving!

Prices just went up last week. Cheapest gas I've seen is 2.69/gal (Northern Cal)

unfortunately that was a month ago. It's back up to 2.15 around here.

Gingerchip
02-18-2015, 04:06 PM
unfortunately that was a month ago. It's back up to 2.15 around here.

Still way cheaper than I've ever seen in here.

MasterOfPuppets
02-18-2015, 06:01 PM
Still way cheaper than I've ever seen in here.
since you and your fellow californians have been enjoying telling us poor freezing schmucks how warm it is there ...i'm gonna return the favor..

haha , a refinery blowed up and your gas prices are gonna blow way up too :finger:

Gingerchip
02-18-2015, 09:35 PM
since you and your fellow californians have been enjoying telling us poor freezing schmucks how warm it is there ...i'm gonna return the favor..

haha , a refinery blowed up and your gas prices are gonna blow way up too :finger:

:kick:


What else is new. Hopefully, I'll be out of Cali by July. Then they can raise the prices as much as they want.

Galax Steeler
02-19-2015, 03:53 AM
$1.98 now

IowaSteeler927
02-19-2015, 04:49 AM
$2.15 as of last night. Amazing how it takes days to go down a penny or two, but it goes up in ten cent chunks within hours.

Fire Arians
02-19-2015, 10:50 AM
2.99, went to 2.95 but back up to 2.99 last week.

i knew the gas prices going below $3 in hawaii was too good to be here to stay

Fire Arians
02-19-2015, 10:52 AM
$2.15 as of last night. Amazing how it takes days to go down a penny or two, but it goes up in ten cent chunks within hours.

No shit man, I been thinking that since 2007. Price of oil goes up, BOOM the next day prices of gas are up. Meanwhile, it can drop considerably but no change in price until maybe a week later, and even then, not much.

harrison'samonster
03-05-2015, 08:32 AM
back up to around 2.50 here.

MasterOfPuppets
03-05-2015, 11:19 AM
back up to around 2.50 here.
holy shit HAM...on feb 18 we were 2.35 and you were 2.15 ... now we're 2.45 and you are 2.50 ? :sofunny:

tube517
03-05-2015, 01:31 PM
$2.35

MasterOfPuppets
03-05-2015, 07:14 PM
holy shit HAM...on feb 18 we were 2.35 and you were 2.15 ... now we're 2.45 and you are 2.50 ? :sofunny:
oops...i forgot ...

http://s3.amazonaws.com/rapgenius/haha1.gif

PeckerWood
03-05-2015, 09:26 PM
$2.24

PeckerWood
03-06-2015, 10:31 PM
Gas Pump Prices Rising 5 Times Faster Than Crude Oil in U.S.

Gasoline is rising five times faster than crude oil as refinery shutdowns limit supplies.

Retail gasoline increased 0.3 cent to $2.458 a gallon Thursday, the highest level since Dec. 17, according to Heathrow, Florida-based AAA. After climbing 20 percent since Jan. 31, prices will rise by another 20 cents this month because of refinery maintenance and unexpected outages, the nationís largest motoring group estimates.

Refineries are operating at the lowest rate in six weeks, government data show. Fuel production may slow further as more plants shut for seasonal maintenance. Gasoline is also climbing as the panic in oil markets subsides, with volatility the lowest in three months. The gain threatens to reduce the windfall to U.S. drivers from last yearís plunge.


http://www.msn.com/en-us/money/markets/gas-pump-prices-rising-5-times-faster-than-crude-oil-in-us/ar-AA9sWca?ocid=U219DHP

Fire Arians
03-09-2015, 10:19 PM
Surprised gas prices in San Diego were more expensive than Hawaii

MasterOfPuppets
03-16-2015, 01:15 PM
strangest thing happened here . gas went from 2.49 down to 2.39 over the weekend. gas prices NEVER go down in the spring ...:noidea:

IowaSteeler927
03-17-2015, 02:55 AM
I think ours was at $2.34 when I drove past the gas station tonight. Recently went up .10 cents because our Governor Terry Braindead decided we needed a .10 cent gas tax hike to fix the roads... I'll believe it when I see it.

teegre
03-17-2015, 05:49 AM
Surprised gas prices in San Diego were more expensive than Hawaii

I always buy on base... and even then, it's $3.50.



I remember the day it went over $1.00... and I was like :yikes: Now, that seems unfathomably cheap.

tube517
03-17-2015, 07:52 AM
$2.23....dropped from $2.27 yesterday

JonM229
03-17-2015, 08:40 AM
I always buy on base... and even then, it's $3.50.

Well, it was about that time that I notice that gas station was about eight stories tall and was a crustacean from the protozoic era.

teegre
03-17-2015, 10:08 AM
Well, it was about that time that I notice that gas station was about eight stories tall and was a crustacean from the protozoic era.

Brilliant!!! :applaudit:


I didn't even think about that... and then, you posted the perfect response.

JonM229
03-17-2015, 12:16 PM
Brilliant!!! :applaudit:


I didn't even think about that... and then, you posted the perfect response.

Damn, monster!

MasterOfPuppets
03-21-2015, 11:27 AM
i seen $2.25 today ..:applaudit: