RV Fuel Issues & Prices - Post 'Em Here!

[Dick_A]

All other fuel threads will be automatically deleted. 🙂

[RV-1_2n-FUN]

Oil up and RBOB(gasoline) up today. Prices will still go down for a while but can rise quickly.

[SRT]

Down to $2.93 a gallon for gasoline up here at the head of the lakes. Whoppee! :B Didn't see the price for diesel. Gas prices seem to be dropping every day.

[Deeman]

Gas in Central OHIO, WOW, west side has a couple stations at 2.71, Sam's clubs are 2.76, everyone else at 2.88-2.95...There is still something to be said about being happy about that price...

[DWN]

Diesel in Carson City, NV $3.71 on 10-16 and falling. A barrel 0f oil was below $80.00 early Friday.

[SRT]

SRT wrote:
Gas prices have been plummeting up here at the head of the lakes. This past week have seen prices dropping from $3.42 to $3.09. Haven't yet seen the prices today. Diesel prices were around $3.90 a gallon.

Too bad I had filled up the MH with $3.52 a gallon gasoline. 😞

Today gasoline is down another 10 cents a gallon to $2.99. Keep on going down, baby. :B

[behensley]

gas prices here in SE KY is down to 2.89/gal. Just filled up yesterday. 😄 Hope is stays this way!

[SRT]

Gas prices have been plummeting up here at the head of the lakes. This past week have seen prices dropping from $3.42 to $3.09. Haven't yet seen the prices today. Diesel prices were around $3.90 a gallon.

Too bad I had filled up the MH with $3.52 a gallon gasoline. 😞

[Fezziwig]

Chinese and Indian demand is in a long term secular increase and the oil companies will be glad to supply that demand by doing a "drill baby drill" in the USA OCS and ANWR and then exporting the oil to China and India. And why not? Nothing to stop them.

[AO_hitech]

TF36DSMatt wrote:
Why aren't the pipeline bombings, Nigerian gunboats, and 5 billion oil-hungry Chinese driving the price into oblivion now? Nothing has changed with respect to those supposed "causes" put forth by the media outlets but yet the price of oil has been almost cut in half.

You have witnessed a speculative bubble just like any other.

[TF36DSMatt]

Fezziwig wrote:
Decreased demand in the USA has reduced prices a little the last few months, but there's nothing in place to sustain that reduction, and foreign developing nations (China) continue to increase demand.

Quite the opposite...

Where do you think all of those Chinese-made goods get sold? Right here in the headed-for-recession western world. The oil market is currently pricing in decreased forecasted demand for oil in China based on new developments in the health of the world economy.

Why aren't the pipeline bombings, Nigerian gunboats, and 5 billion oil-hungry Chinese driving the price into oblivion now? Nothing has changed with respect to those supposed "causes" put forth by the media outlets but yet the price of oil has been almost cut in half.

You have witnessed a speculative bubble just like any other.

[AO_hitech]

Demand changes have very little to do with the price changes, except for how it influences speculators.

[topflite51]

Fezziwig wrote:
Decreased demand in the USA has reduced prices a little the last few months, but there's nothing in place to sustain that reduction, and foreign developing nations (China) continue to increase demand.

You are such a wet blanket. It doesn't hurt people to dream.

[Fezziwig]

Decreased demand in the USA has reduced prices a little the last few months, but there's nothing in place to sustain that reduction, and foreign developing nations (China) continue to increase demand.

[RV-1_2n-FUN]

TF36DSMatt wrote:

TF36DSMatt wrote:
Draw your own conclusions from the data but personally I would not be suprised to see $60 oil within 2 years.

I posted the above back on page 6 of this thread.

With oil closing at $87/barrel today down from a high of $147, it looks like it might not be a full two years to get back to $60 after all. Only $27 to go.

$60.00/barrel? I don't think in my future, but I'm a pessimist, so I will be correct or pleasantly surprised.

[Fezziwig]

Why do you think it will continue downward?