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re: U.S. Gasoline Prices Could Sink Below $4 Today

Posted on 8/8/22 at 5:20 pm to
Posted by BROpaneTANK
Mandeville
Member since Apr 2010
2848 posts
Posted on 8/8/22 at 5:20 pm to
quote:

Its been sub $3 at costco BR but that place is a shite show


I feel like I’m taking crazy pills with Gas prices in BR right now. I passed a Murphy express by Womens hospital that was $3.14 Saturday but every other place I feel like has been stuck in the $3.70 range for weeks. It honestly seems like there’s a pact between 90% of gas stations to just not drop their price. We regularly have some of the cheapest in the country, and $3.70 doesn’t seem to reflect where we’re at nationally.
This post was edited on 8/8/22 at 5:21 pm
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
15031 posts
Posted on 8/8/22 at 5:22 pm to
It will benefit Biden and his party.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
25939 posts
Posted on 8/8/22 at 5:24 pm to
US consumers took out over $40 billion in credit for July thanks to rising gas, electricity, food, and supply chain inflation.
Posted by ragincajun03
Member since Nov 2007
21164 posts
Posted on 8/8/22 at 5:29 pm to
I'm sorry. If you people can't see this is YUGE news, then I don't know what to tell you.

Ya'll can't give this administration that admirably appointed zero people with any real energy industry experience into a leadership position ANY credit for declining gasoline prices.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
25939 posts
Posted on 8/8/22 at 5:30 pm to
quote:

Ya'll can't give this administration that admirably appointed zero people with any real energy industry experience into a leadership position ANY credit for declining gasoline prices.


I'll give credit where credit is due and that credit is due to the Chinese because their demand has fallen off a cliff.
Posted by Nephropidae
Brentwood
Member since Nov 2018
2384 posts
Posted on 8/8/22 at 5:34 pm to
quote:

Unless the price starts with a $1.XX then its still high.
how long have you been alive?
Posted by The Boat
Member since Oct 2008
164048 posts
Posted on 8/8/22 at 5:35 pm to
After a huge spike gas prices crashed too in 2008 after the recession took hold.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65617 posts
Posted on 8/8/22 at 5:37 pm to

Balderdash. OML reported several times we are going to be in the 6-8.00 range by late summer. I trust him and not some MSM article.
Posted by BigNastyTiger417
Member since Nov 2021
3074 posts
Posted on 8/8/22 at 5:37 pm to
This administration the reason why our current economic status is in a recession, borders are open, and fuel is as high in price as it currently is (amongst many other things). They get zero credit until they bring our country where it was before their ignorance reigned.
Posted by WestCoastAg
Member since Oct 2012
145079 posts
Posted on 8/8/22 at 5:40 pm to
I appreciate how this is getting downvoted
Posted by ragincajun03
Member since Nov 2007
21164 posts
Posted on 8/8/22 at 5:43 pm to
quote:

I appreciate how this is getting downvoted


Either:

1- The vast majority don't want gasoline prices going under $4/gallon.

2- They don't appreciate my enthusiastic sarcasm. Gives me the sads.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35289 posts
Posted on 8/8/22 at 5:47 pm to
quote:

U.S. Gasoline Prices Could Sink Below $4 Today


Damn. Looks like our bonuses are only going to be 350% of target instead of 400%.

FJB
Posted by Fat and Happy
Baton Rouge
Member since Jan 2013
16969 posts
Posted on 8/8/22 at 5:48 pm to
And to think, right before elections.

And how many people still think the government doesn’t solely control inflation

I wonder if that is still even taught in economics class?
Posted by The Goon
Baton Rouge, LA
Member since Nov 2008
1238 posts
Posted on 8/8/22 at 5:53 pm to
Maintenance outages start next month for refineries across the US. This will be a temporary drop, and then rise in Q3-Q4. Hurricane season isn’t over, either.

Until offshore drilling is allowed to go full steam ahead, prices will be elevated and price shocks will occur.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
15031 posts
Posted on 8/8/22 at 5:54 pm to
I said it already. This helps Biden.
Posted by Michael T. Tiger
Baton Rouge
Member since Jul 2004
8229 posts
Posted on 8/8/22 at 5:58 pm to
Putin Discount
Posted by pd60
Member since May 2015
142 posts
Posted on 8/8/22 at 6:31 pm to
2.99 at Sam's
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