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re: Will we see $1.00 per gallon gas again?
Posted on 3/8/20 at 7:04 pm to SavageOrangeJug
Posted on 3/8/20 at 7:04 pm to SavageOrangeJug
No. You still have to factor in the cost to refine the oil and the gasoline tax.
0
Posted on 3/8/20 at 7:04 pm to SavageOrangeJug
State and federal taxes add about 50 cents to a gallon. Add in the cost to refine it combined with markups to the gas station and the answer is no.
Posted on 3/8/20 at 7:08 pm to SavageOrangeJug
quote:
I don't think anyone saw the Saudis crashing the price of crude.
Posted on 3/8/20 at 7:15 pm to SavageOrangeJug
I'm fine with $2/gallon gas. Higher than that is gouging.
Posted on 3/8/20 at 7:18 pm to kywildcatfanone
quote:We paid that last week.
I'm fine with $2/gallon gas. Higher than that is gouging.
It will go below $2.00
Posted on 3/8/20 at 7:20 pm to SavageOrangeJug
It’s like 1.92 here right now.
Posted on 3/8/20 at 7:22 pm to SavageOrangeJug
No, last time that happened market price was $15 and PEMEX had made hard non indexed contract with several refineries to sell at $7
Posted on 3/8/20 at 7:24 pm to SavageOrangeJug
In 1993 gas was at a dollar. That’s $1.79 in today’s prices
Posted on 3/8/20 at 7:24 pm to SavageOrangeJug
I sure as shite hope so. 1.95 here in Farragut.
This post was edited on 3/8/20 at 7:28 pm
Posted on 3/8/20 at 8:01 pm to SavageOrangeJug
I hope the war gets so bad, the battles so ferocious, that it drops to Free 50.
It's like the man that stopped at the roadside vegetable stand and asked What's your price on tomatoes? The owner said it depends, the more your buy the cheaper they get. The man said to the owner, Load them onto my truck until they are free then. lol
I hope Saudi Arabia floods the market with crude the price plummets til its FREE. Screw Exxon, Shell, Citgo, Texaco, etc. Any unrest in the Middle East or there is a refinery issue, and overnight they up the price 50 cents a gallon.
It's like the man that stopped at the roadside vegetable stand and asked What's your price on tomatoes? The owner said it depends, the more your buy the cheaper they get. The man said to the owner, Load them onto my truck until they are free then. lol
I hope Saudi Arabia floods the market with crude the price plummets til its FREE. Screw Exxon, Shell, Citgo, Texaco, etc. Any unrest in the Middle East or there is a refinery issue, and overnight they up the price 50 cents a gallon.
Posted on 3/8/20 at 8:02 pm to SavageOrangeJug
It will be $4.50 a gallon again before you know it.
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