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Started By
Message
Gas dropped 20 cents/gal here today
Posted on 3/12/20 at 10:52 pm
Posted on 3/12/20 at 10:52 pm
A bit delayed, as usual, but I don't recall such a big one day drop in a long time. If ever.
Down to $2.09 here.
Good thing for those that are paying black market prices for toilet paper.
Down to $2.09 here.
Good thing for those that are paying black market prices for toilet paper.
Posted on 3/12/20 at 10:59 pm to BuckyCheese
Should be much lower given the current price of oil
Posted on 3/12/20 at 11:02 pm to BuckyCheese
Yeah I'm much more concerned with my portfolio. It's down 15.5% since this bullshite started. My 401k dropped 23.5% today alone.
This is the real crisis, and no one is talking about it.
This is the real crisis, and no one is talking about it.
Posted on 3/12/20 at 11:16 pm to BuckyCheese
Great. I’ll put the savings toward the losses in my 401(k). I’ll just have to continue buying gas at this rate for the next 128 years to even it out.
Posted on 3/12/20 at 11:16 pm to BuckyCheese
$1.85 in BR and will drop even more.
Posted on 3/12/20 at 11:23 pm to pwejr88
Puts in perspective just how cheap it is;
Year Gasoline Price/Gal Inflation Adjusted Gas Prices Adj. for January 2020
1970 $0.36 $2.39
Year Gasoline Price/Gal Inflation Adjusted Gas Prices Adj. for January 2020
1970 $0.36 $2.39
Posted on 3/12/20 at 11:39 pm to BuckyCheese
Saudi Arabia flooding the market.
Posted on 3/13/20 at 12:23 am to BuckyCheese
I was able to snag a free 6 pack of toilet paper with my fill-up today.
This post was edited on 3/13/20 at 12:25 am
Posted on 3/13/20 at 12:48 am to BuckyCheese
Diesel dropped 26% here almost overnight. Won’t matter once these tards run out of toilet paper to hoard and move on to fuel.
Posted on 3/13/20 at 1:20 am to RB10
quote:
My 401k dropped 23.5% today alone.
You have to keep in mind just like when you are up it is just paper losses. You own exactly what you did at the opening bail.
Posted on 3/13/20 at 1:52 am to BuckyCheese
$1.70 in my part of Texas
Posted on 3/13/20 at 6:38 am to BuckyCheese
It was 1.69 at a gas station by me yesterday morning. Morning before 1.79. It could be 1.59 this morning for all I know. It wouldn’t surprise me now to see 1.25 gas again.
Posted on 3/13/20 at 7:06 am to Stiles
quote:
Great. I’ll put the savings toward the losses in my 401(k). I’ll just have to continue buying gas at this rate for the next 128 years to even it out.
The market will bounce back up dummy.
Posted on 3/13/20 at 7:59 am to BuckyCheese
Saudi/Russia oil war making the global surplus grow, COVID-19 making surpluses grow due to people not travelling nearly as much and it's around the time the summer blends are being pushed (although that may have already happened, not sure on when exactly that begins)...
XOM is an incredible buy right now. Once this virus thing blows over in the next month or so and/or something happens in the ME (major refinery bombing, military actions, etc), any oil-related stocks are going to take the hell off.
XOM is an incredible buy right now. Once this virus thing blows over in the next month or so and/or something happens in the ME (major refinery bombing, military actions, etc), any oil-related stocks are going to take the hell off.
Posted on 3/13/20 at 8:01 am to BuckyCheese
Damn- filled up my tank this morning in Baton Rouge for $1.85.
Posted on 3/13/20 at 8:05 am to BuckyCheese
$1.75 at Sam's Club last night (filled up the emergency gas cans, then filled up my car and my SO's SUV).
Posted on 3/13/20 at 8:10 am to Hammond Tiger Fan
quote:
Should be much lower given the current price of oil
Straight from deep under the earth into your F-150 at spot market prices
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