Gaf The Horse With Tears Posted October 13, 2008 Posted October 13, 2008 5 Miles from my house. I am trying to decide if the extra distance is worth the savings over $3.09 a mile away.
jynxxxedangel Posted October 13, 2008 Posted October 13, 2008 I paid $2.93 at the Speedway in Wixom, yesterday. You could have knocked me over with a feather.
Rayne Posted October 13, 2008 Posted October 13, 2008 It's $2.89 by our house right now. Yesterday it was $2.99. I'm tempted to fill up the minivan, but we're still not using it on a regular basis yet. Filling up the two cars is expensive enough.
StormKnight (1) Posted October 13, 2008 Posted October 13, 2008 2.77 at the Marathon on Dix-Toledo Just before Old Goddard Road (1.2 miles from my place of residence,) as of last night.
peelingchrome Posted October 13, 2008 Posted October 13, 2008 *enters dramatic crystal ball trance* I see this not lasting.... definately not past the elections... *snaps out of dramatic trance* Gee, that wasn't a very suprising revelation, now was it?
Gauge Posted October 13, 2008 Posted October 13, 2008 its crazy around here. littterally within 10 min of driving (or less) i can see 3.27 all the way down to 2.88. . .wtf is up with that
Destroit Posted October 13, 2008 Posted October 13, 2008 Over on the Eastside here we're averaging about $2.70 - $2.89 a gallon. I love my yellow Cobalt again!
Shade Everdark Posted October 13, 2008 Posted October 13, 2008 On Saturday evening after work, I saw gas for $2.60/gallon. In Troy, no less.
Msterbeau Posted October 13, 2008 Posted October 13, 2008 Of course, by the time I get back, things will go haywire and it'll be back up to $4.00 a gallon. Enjoy it while you can folks...
Reaper Posted October 14, 2008 Posted October 14, 2008 You can find out all the areas being reported for gas prices on www.detroitgasprices.com My old hometown of Manchester had 2.85 a gallon yesterday. I paid $3.09 at the Pilot in Dexter so there is plainly a major gap in the areas. I don't think demand of areas has anything to do with it. Just people trying to get away with a little more profit I am thinking. When I was in Texas last week I saw prices as low as $2.56 a gallon. Haven't seen that in years. But after the stock market jumped up 900 points today, oil per barrel shot up $3.49.
taysteewonderbunny Posted October 14, 2008 Posted October 14, 2008 $ 2.599 at Costco (Gratiot near 696). Got to love election season. Does anybody need further proof that oil is not a free market?
Msterbeau Posted October 14, 2008 Posted October 14, 2008 $ 2.599 at Costco (Gratiot near 696). Got to love election season. Does anybody need further proof that oil is not a free market? It has nothing to do with the election and everything to do with Wall Street.
taysteewonderbunny Posted October 14, 2008 Posted October 14, 2008 It has nothing to do with the election and everything to do with Wall Street. Please explain. I thought that when markets tanked, typically inflation occurs. Am I mistaken, or are there other factors at work here?
Msterbeau Posted October 14, 2008 Posted October 14, 2008 Please explain. I thought that when markets tanked, typically inflation occurs. Am I mistaken, or are there other factors at work here? My understanding is that the price of a barrel of oil has been largely based on oil futures. Those have tanked like everything else and down went the price of oil. I'm sure it's more complicated then that, but if you think it's election based, by what mechanism are they manipulating the price? And who's doing it?
Saint Germain Posted October 14, 2008 Posted October 14, 2008 It has nothing to do with the election and everything to do with Wall Street. Thats right, the prices drop also here.
Head Wreck Posted October 14, 2008 Posted October 14, 2008 prices are comiing down here also £1.12 a litre. still bloody extortionate if you ask me but i'm averaging 58mpg (british gallons mind) in the car of late so i cannot complain
Gaf The Horse With Tears Posted October 14, 2008 Author Posted October 14, 2008 Another factor is the value of the Dollar, which is the currency that oil is traded in. It's value has sky rocketed in the last month. Also, oil refinery's that were off line do to storms are up and running , which increases supply. Another factor is that China has decreased the amount of oil it is buying off the world market by a significant amount now that it is not putting on a new face for the Olympics.
n0Mad Posted October 14, 2008 Posted October 14, 2008 prices are comiing down here also£1.12 a litre. still bloody extortionate if you ask me Just a rough ballpark conversion to put things into perspective for the Americans, that's a whopping $9/gallon!
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