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Is the Down Economy driving lower Gas Prices?

Discussion in 'Gen 2 Prius Main Forum' started by Sheepdog, Oct 10, 2008.

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  1. thepolarcrew

    thepolarcrew Senior Member

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    I have read a couple of articles about how China and India are trying to build up a minimum 30 strategic oil reserve and how this too has effected the markets at this time.

    China is looking at 100 mil barrels by 2010.

    Have to laugh at the congressional hearings after what I read about how Greenspan pulled the wool over their eyes.
     
    #21 thepolarcrew, Oct 13, 2008
  2. Sheepdog

    Sheepdog C'Mere Sheepie!

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    I do have to say that I have never put more than about $20 to $25 in my Prii so far. That would be more about 300 miles a week. Thats $100 month maybe when I was spending $700 month for gas to drive the Expedition!

    At whatever price of gas my Prii is a joy forever!
     
    #22 Sheepdog, Oct 14, 2008
  3. eagsc7

    eagsc7 Geocacher

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    The Highest I ever paid for a Full tank of gas was $33. Of course, the other day, the news was at a gas station in our local area with the headline reading "Gas at $2.99/gal." I Almost pulled in Just so that I could be on TV just having to clean our windshields... It Would have been FUNNY!

    The Steaks
     
    #23 eagsc7, Oct 15, 2008
  4. spitinuri

    spitinuri Member

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    2.49/gal Lake Ozark Missouri
     
    #24 spitinuri, Oct 15, 2008
  5. Rybold

    Rybold globally warmed member

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    Is it just me, or has the rate of decrease in gasoline prices started to level off ? I remember when gasoline was falling ten cents a day (or so it seemed), and now it seems like it's only dropping a penny every few days. At least, that's what I *seem* to be observing. Anyone else notice this ?

    Here's an interesting chart:
    (note to Admin: see that little link at the bottom that says "Add these dynamic charts to your website ?" Click it and see what happens)
    Historical gas price charts - Orange County Gas Prices ........ gasbuddy.com

    [​IMG]
     

    Attached Files:

    #25 Rybold, Dec 9, 2008
  6. patsparks

    patsparks An Aussie perspective

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    The price here has just gone up 10 cents AU per litre.
    I expect it will go down again over the next week as the price resumes the normal weekly discount cycle.
    It is normal in Adelaide for the price to jump 10 cents then slowly drop before rising again in a 10 cent jump.
    Rest assured, the economy is struggling globally.
     
    #26 patsparks, Dec 9, 2008
  7. penquin230

    penquin230 "Golden Hawk"

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    Just today topped off my tank and paid 1.49/gal in Atlanta.
     
    #27 penquin230, Dec 9, 2008
  8. Celtic Blue

    Celtic Blue New Member

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    Paid $1.31/gal yesterday, but it has been that price for the past 4 or 5 days.
     
    #28 Celtic Blue, Dec 9, 2008
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