Gas Prices - - Why so cheap?

[Liveliner]

This is the time of the year that fuel prices normally hit the ceiling. The oil barrens claim the increase is due to the additives for hot weather fuels. Do you think thatit ismore likely be due to the fact that there is a great increase in vacation travel?Why are the prices dropping??</p>

Do you happen to remember that when the wells in the Middle East were burning the cost per gallon shotup about a dollar per gallon? The claim was that the loss of the oil caused an oil shortage. (yeah right). Now tell me this, Is there a major non-stopable oil leak in the gulf spewingout more than the surface wells in Kuwait? What's the deal? Where did all that oil come from. Just maybe all those oil shortages were all a big lie after all. Just trying to fool you into being glad to pay four bucks a gallon. Wake up America.</p>

 

[spnplgr]

It's the economy. Although the liars in Washington say otherwise, we are in a recession, you know. And just wait until next year when the Bush tax cuts are gone. Can you say double dip?

 

[fordtruck]

I'm just greatful for lower prices....

 

[Eyeman2]

Supply and Demand, until the Sheiks decide they need another Mi$$ion a day. They'll cut back supply and drive prices up, again.
People ARE taking shorter road trips and when you have unemployment @ 9.7%, actual is 14-17-%, the average "Joe" is not on the road.
You are right spnplgr, when the Bush tax cuts are null & void the Dems will find another company to bail out with all the "new" revenue coming in. We The People still can't get an answer on where that first bunch of stimulous $$ went to. Can you say "Acorn, Unions, Banks, GM to for their retirement funds that were a pnzi scheme. Now Obama is talking about taking over/regulating Big Oil, can you say, Chavez?

 

[outcaster]

Don't know that I would call $2.45 to $2.60 Cheap....

 

[dragfish]

outcaster - 6/13/2010 12:08 PM

Don't know that I would call $2.45 to $2.60 Cheap....

Good point, I'd call it less raped!

 

[fischnrod]

outcaster - 6/13/2010 1:08 PM

Don't know that I would call $2.45 to $2.60 Cheap....

I HAVE NEVER SEEN CHEAP GASOLINE!!!!!!!!!!!!

 

[russbayless]

Other than water it is one of your cheapest liquids that does something like move a 2 ton object 15 miles down a road, try walking that! Look at the price of milk or various soft/energy drinks. What would you rather pay for? Ain't being a smart a__, but think about it. I do enjoy seeing the cheaper prices.

 

[Eyeman2]

I remember a gas war in Soddy-Daisy... 18.9 cents per gallon..fished off those bridges, Browns & Ware(Wire?) with my Uncles. Sat on a bar stool and we hung lanterns off the bridge, attached with small chain. We used "white gas" in the lanterns, and I think it was more expensive that regular gas. Only place you could get it was at an American Station (Standard Oil and later at Amoco, which I think was all of the same.
Caught a lot of fish, and we ate all of 'em.
1955-60 , "course minimum wage was $1 in '60

 

[outcaster]

I think was about the cheapest I have ever paid as an adult was 75 cents per gallon

 

[Aries 181]

fischnrod - 6/13/2010 1:33 PM

I HAVE NEVER SEEN CHEAP GASOLINE!!!!!!!!!!!!

I have seen cheap gas. In 1968 there was a gas war on E. Brainerd Rd. at Gunbarrel. The fight was between the Sinclair and I think the Waylow and it was .22 a gallon.

Bill

 

[spnplgr]

When I was a kid in the 1940's, I remember gas prices at .11 per gallon. That was the state tax at the time.

If you want to know what happened to the money from the first stimulus, just look at who wrote the package - the Apollo group. Not familiar with the Apollo group? Google it! What kind of congressional idiots would outsource the writing of a stimulus package? That's why we gotta vote all of them out of office in November. Just be sure you do not vote for a socialist, Marxist or communist because if you do, the crazy stuff will continue.

 

[TritonAL186]

russbayless - 6/13/2010 3:15 PM

Other than water it is one of your cheapest liquids that does something like move a 2 ton object 15 miles down a road, try walking that! Look at the price of milk or various soft/energy drinks. What would you rather pay for? Ain't being a smart a__, but think about it. I do enjoy seeing the cheaper prices.

Yes, but you don't drink 30 gallons of milk a week, if so, you'll be saying it's way to high. If we drank 30 gallons of milk a week , it would cost us about .25 cent a gallon and that's a lot less then gas.......

 

[rstewart]

It's Bush's fault.

 

[Eyeman2]

I can milk a cow/goat, but to turn oil into gas,,,wine to water maybe.
Before Rockefeller, Standard Oil, most farms had a still to make alcohol gas for their motorized equipment.Old Rockerefeller paid the Womens Sufferage Group to preach hell & brimstones on the evils of drinking,and then came Prohabition, thus no more stills. Similar thing the 1960's when the government put the price of sugar so high that it was not feasable to make moonshine, and you could only buy a few pounds at a time, not the usuall 1-200 pounds.
Talk about big business!! at it's finest.
Those good ol Progressives, the Clintons and present Company now in POWER.

 

[Eyeman2]

P S...that's where gas staions came from...No more stills to stop and fill your vehicle up, so, in came Standard oil to "help" you out, so you could travel cross country,,,ie; "See the USA in your Chevrolet"(GM) owned by Obama and company along with all the retirement packages of most unions, that promised more than they could deliver, so now We get to pay for Their Golden Years.

 

[Liveliner]

"Cheap Gas"??? Back in the days when you had to paya Quarter and 9/10ths per gallon, how much did you or your daddy make per hour on the job?Gas at$2.50 is approximately 10 times the old prices. Question--How much more per hour percentage-wise do you make now? Gas is still cheap at $2.50.

 

[Bfish]

What cost $.25 in 1950 would cost $2.20 in 2009.
Also, if you were to buy exactly the same products in 2009 and 1950,
they would cost you $.25 and $0.03 respectively.

http://www.westegg.com/inflation/infl.cgi