gas under $3

2.95 today in NE Ohio.

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"For if you start dancing on tables, fanning yourself, feeling sleepy when you pick up a book... making love whenever you feel like it, then you know. The south has got you.”

In 2008, gas prices were lower after the presidential election than before.

Martin

$3.29 now at my regular stop, down from the $3.90s

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I saw something nasty in the woodshed

A lot of people are.

I said it was going to go this way before the hike.

gas will go up and then drop.

For anyone, interested in facts, over rhetoric, gas prices always go down, this time of year, starting about 1995.

September is the start of seasonal gasoline transition, where more expensive, reformulated "summer gasoline", is replaced with cheaper blends, to make "winter gasoline". This will change again next April and prices will rise again - separate from any current petroleum market conditions.

This reformulation of gasoline, is an EPA mandated action.

This why why diesel fuel is still high priced - current demand is still pretty high and it's not part of the hangover.

HowStuffWorks "Why is summer fuel more expensive than winter fuel?"

Current world crude supplies and production levels, are playing into the current price drops, also.

Paid $3.19 a gallon today in West, outside of Waco, Texas.

My mother and I make several trips to Kansas each year, now. As we travel north, through Texas, gas prices get higher. In Oklahoma, they start dropping, and then going through Kansas, they start climbing again.

We don't drive in winter (My Mom hates being in a vehicle that is traveling through snow and/or ice, whether she is driving or not), but spring and fall prices are always lower than summer prices. ALWAYS.

I love how people seem to think the president (no matter WHO is in office) has some sort of magic lever in the White House that raises or lowers fuel prices. If this was the truth, then why would ANY president allow fuel prices to go up? And why doesn't anyone also believe that the president equally controls the prices of things like, oh, televisions and fresh, wild caught, salmon? I never hear of people complaining or praising that that the rising or falling prices of an iPod are all because of the president.

Yet people will constantly blame/praise a president over gas prices, when gas is no more owned and controlled by the government than iPod and televisions.

Tell me, why would the R-heavy congress let the president get by with "lowing gas prices to get re-elected" if it was something government, in any form or person, controlled, when they have singlemindedly blocked everything else in a stated goal to get the president out of office no matter what?

Why would OPEC (NOT Saudi Arabia, as S.A. has to abide by OPEC consensus or get kicked out) do anything for a sitting Dem president when historically, for the last 40 years, R presidents have been better for their profits?

~sighs~ How is this for a conspiracy: I think the Republican controlled Congress is responsible for the high gas prices we have had this year, as a part of their STATED goal to make the president look as bad as possible and not let him get re-elected. After all, if gas prices were TRULY controlled by the president, then NO president seeking re-election would EVER allow them to go up from Jan. 1st of the election year until after the election was over. Therefore, it makes complete sense that the OPPOSING party is bribing oil companies and OPEC, as well as Wall Street Execs and Brokers, to keep gas prices as high as possible, and such tactics only JUST ran out now, which is why we are seeing the drop at the pump.

And it is a tactic that BOTH parties use, so it could be said that the Dems used it in 2007 to make the R's look bad....and poor Bush Jr. was helpless to stop it, else he would have, right?

Just a theory.

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Peace,
Caliann

"First, Show me in the Bible where it says you can save someone's soul by annoying the hell out of them." -- Chuck

Gas 10-26-12
3.24 a gallon

Gas 10-27-12
3.51 a gallon

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I am sure of two things: There is a God, and I am not Him.
The movie Rudy

We don't have a gas staion here, have to go 10 miles to the county seat. They say prices are high there because they are quite a ways from the freeway. Went to Salem yesterday with my son. Prices were just as high. $3.89 reg. $4.08 premium right next to the freway....James

Well regardless of the reason why the prices are dropping, I'll just say lucky is the man/woman who has a large gas storage tank on their property!

Apparently Bush thought you were stupid, too.
Historical Gas Price Charts - GasBuddy.com

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I refuse to believe corporations are people until Texas executes one.

I also believe that workers need Unions as much as gun owners need the NRA.

To make my stance clear, they ALL think we're stupid.

And it will take a lot more than a few cents off a gallon to impress me - more like 100 cents a gallon.

Won't impress me overmuch, but will certainly make me feel a lot better than a measly twenty cents.

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Je ne suis pas Alice

http://homesteadingfamilies.proboards.com/

Fuel prices are similar to catching wild hogs.
Every day you put out corn for the hogs to eat. Develop a pattern. More and more hogs will come to eat each day.
When you figure you have enough hogs you start putting up a panel each day when you go to put out feed. The hogs will scream and be cautious, for a while, but they will eventually go around the end of the last panel and start eating again.
There will come a time when you will have a complete pen built and a spring loaded gate set in place. That day when the hogs come to eat your waiting in the bushes. You just pull the trip rope.
The hogs will go to putting up a big fuss. Some will even run directly into the pen walls. When you come out of the bushes things will get even more frenzied. You just throw them a little more corn. Stand quiet, and soon they will go back to eating. Having no thought of the horror that is next to come their way.
Go back up and look at the graphs on the Gas Buddy website posted above.
Looks just like catching wiild hogs

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That which is tolerated by the first generation is magnified in the next.

CIW

Not congress. OPEC. We've got a pres who is pro-Islam and makes no secret that he is not a friend of Israel, so of course OPEC would like to see him reelected. They have other motivations besides profit.

I just Cant see the rich folks of the OIL industry doing President Obama any favors.....

oink, oink, oink... <sigh>

Things are set up so that we HAVE to drive to do anything. Heck, my job depends on it (driving to see patients).

Darned if I do buy, darned if I don't.

And even though we're sitting on oil supplies, the govt won't allow access. Better to dirty up another country than our own, I suppose...

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Je ne suis pas Alice

http://homesteadingfamilies.proboards.com/

There are several reasons for the gas price drop, some of them mentioned in previous posts. So here are another few things to think about:
The price you pay for fuel today is based on the future price of oil on the commodities market. This begs the question, who is manipulating the commodities price of oil futures?

Any release from the strategic oil reserve would have been made public. I have not seen any report about such a release, have you?

The reasons for currently high gas prices are increased regulation by the federal government and the reduction of value in the dollar. How many other times has the gas price dropped just before the economy tanked?

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"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." George Orwell

You apparently missed the above link? Our home production is rolling along and increasing at record pace.

Also, #1 exporter of oil to the US is Canada which supplies almost twice as much as the #2 country. Many on HT would agree that that's a rather nice country to "dirty up to"!

Martin

Gas went from 3.08 last night to 3.45 here, we are wondering if this increase is due to the coming storm.......
it always goes down here too before election.

Last night.
Gas $2.96.

$3.59 this AM.

Diesel $4.09.