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Old 09-08-2006, 09:54 AM   #11 (permalink)
W Scott
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Ed, the futures market drives the prices---no argument there. The problem comes when you try to explain that to folks!! Not many understand the futures market. The biggest drop occurred when it seemed apparent that nobody was going to attack Iran for its' nuclear program, which in turn would have drastically shortened the supply of crude for refining.

So, gas is about 2.80 here in Nevada...................
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Old 09-08-2006, 10:15 AM   #12 (permalink)
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Speaking of the future...

http://www.washingtonpost.com/wp-dyn...090500275.html

Good.

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Old 09-08-2006, 11:21 AM   #13 (permalink)
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In the last year, gas in Toronto has been about $1 to about $1.15 a litre. (my car's tank is about 45 litres)

In the last week, gas has dropped down to the mid 80's. Last night I filled up for 79.9 cents per litre. This is a great time for drivers.
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Old 09-08-2006, 11:28 AM   #14 (permalink)
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Its the futures market that changes the price, not a bunch of oil executives or politicians or whatever.

As soon as I heard of the massive oil find in the gulf I knew this would happen, I just thought it would take more than a week. We'll probably see it bounce back up a little in the next month to $2.59 or so before it heads toward $2 a gallon around Christmas time.
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Old 09-08-2006, 04:49 PM   #15 (permalink)
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We are holding strong at $2.55-$2.59 per gallon. Almost all of our stations are within 4 cents.
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Old 09-08-2006, 05:40 PM   #16 (permalink)
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$2.48 here. No one on the news is talking about it here or at least I haven't noticed it. They would if the price had gone up 50 cents, that's for sure.

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Old 09-08-2006, 06:52 PM   #17 (permalink)
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im on the other side of the metro from manny, the gas station accross the street was $2.47 today. when it was $3 a gallon i was really glad that i get 30 mpg
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Old 09-09-2006, 12:42 AM   #18 (permalink)
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Remember the place that sold for $2.48? Tonight it had already gone down to $2.41!

Weird...


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Old 09-09-2006, 06:45 AM   #19 (permalink)
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About $3.45 here in Germany if I buy it on post. I can't wait to get abck to Houston and pay $2.35.
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Old 09-10-2006, 09:20 PM   #20 (permalink)
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$2.45 here in Bay City, TX. Near Houston

:)
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