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View Full Version : OMG ! Gas under $ 3.00 per gallon


billslawn89
10-15-2008, 10:05 PM
i never thought i'd see this price for fuel again! 2.95 at sams club today! i can see my profits starting to rise ever so slightly! wow, instead of buying only a 6 pack of brewski, i might be able to get a 12 pack now! :drinkup:

DLAWNS
10-15-2008, 10:09 PM
I hear that. I just payed 2.81 today. I'm going to live it up while it lasts.

traman
10-15-2008, 10:21 PM
ya ,now that the season is over it finally goes down :cry: most 7-11 around here are at 2.99

Sweet Tater
10-15-2008, 10:58 PM
We're down to 2.699 around here. Makes ya sick don't it. they jack it up when you need it most, and then drop it when biz slows.
I think the gov should regulate gas. theres no reason we should be paying those prices and them boasting a 1/4 quater profit of 14 billion.

djflats
10-15-2008, 11:00 PM
Get it while you can!

kbmowing
10-15-2008, 11:41 PM
still $3.35 here. i love new york

TNT LawnCare Inc.
10-15-2008, 11:46 PM
When YOmama gets elected it will be $7.00 bucks a gallon in about 2 years. Its down to 2.89 here

jbannick18
10-15-2008, 11:59 PM
When YOmama gets elected it will be $7.00 bucks a gallon in about 2 years. Its down to 2.89 here

Can you explain why?

dura to the max
10-16-2008, 12:04 AM
finally under 3 here....

stevenf
10-16-2008, 12:36 AM
$3.15 here. I think it broke the $3.00 mark abuot 25 minutes from here though.

Runner
10-16-2008, 01:22 AM
We are looking a around 2.79 right now. Granted, we have stations that are at around 3.00, too.

saw man
10-16-2008, 01:23 AM
Paid $3.55 a couple days ago. Utah rocks!!!!

joshua
10-16-2008, 01:31 AM
gas went through the roof because of supply was low and demand was high. china was importing oil and stock piling it so that during the Olympics they wouldn't have tankers in there harbors. now with most the whole world in a downturn ( some say recession ) the demand isn't as high so the price has come down. gas futures were around $1.90 today , so the price should be dropping another .30-.50 in the coming weeks. on a oil company making 12billion in profit ya its high but think that the government made 33 billion in tax revenue on just that company ( exxonmobil ) . that's almost $4000 a second in taxes. during that quarter the government taxed the oil companies 130 billion dollars.

RedRebel
10-16-2008, 11:14 AM
Its down to 2.59 here! Filling up my jeep for 40 instead of 65 is a whole hell of alot better!

hillbilly_lawnboy
10-16-2008, 12:21 PM
3.08 here in good ol wv

garnersgardening
10-16-2008, 12:44 PM
gas went through the roof because of supply was low and demand was high. china was importing oil and stock piling it so that during the Olympics they wouldn't have tankers in there harbors. now with most the whole world in a downturn ( some say recession ) the demand isn't as high so the price has come down. gas futures were around $1.90 today , so the price should be dropping another .30-.50 in the coming weeks. on a oil company making 12billion in profit ya its high but think that the government made 33 billion in tax revenue on just that company ( exxonmobil ) . that's almost $4000 a second in taxes. during that quarter the government taxed the oil companies 130 billion dollars.

Can you please explain to me how the government can tax those companies almost triple their profit?

06f150
10-16-2008, 01:04 PM
2.56 in Central MN

1998tahoe
10-16-2008, 01:42 PM
Its down to 2.58 a gallon here. Its been dropping at least .05 a day or more. Can't wait till under 2.00 a gallon. My dad was in Missouri early this morning and said their gas was 2.19.

hillbilly_lawnboy
10-16-2008, 01:47 PM
just changed 5 minutes ago down to 2.89

lawnman_scott
10-16-2008, 01:57 PM
gas went through the roof because of supply was low and demand was high. china was importing oil and stock piling it so that during the Olympics they wouldn't have tankers in there harbors. now with most the whole world in a downturn ( some say recession ) the demand isn't as high so the price has come down. gas futures were around $1.90 today , so the price should be dropping another .30-.50 in the coming weeks. on a oil company making 12billion in profit ya its high but think that the government made 33 billion in tax revenue on just that company ( exxonmobil ) . that's almost $4000 a second in taxes. during that quarter the government taxed the oil companies 130 billion dollars.
Which quarter is that? Here is what they did in 2007

http://www.pressconnects.com/apps/pbcs.dll/article?AID=/20081015/NEWS01/810140375/1001/news

DA Quality Lawn & YS
10-16-2008, 03:19 PM
Guys...
The price of oil is almost down to $70 now. Oil has lost 50% of its value since the summer peak.
So, gas should be a lot lower than it is right now, right? I would expect, VERY soon, $2.00 gallon gas, or 50% of the peak price. Think that will happen quickly? Probably not - too much money being made right now in the supply chain.
So, don't get so excited about $3/gal gas. It has a ways to fall yet, or it should have.

LBLC_LCO
10-16-2008, 03:26 PM
$2.41 here today

mattfromNY
10-16-2008, 03:34 PM
still $3.35 here. i love new york

$3.43 here at home. Went into Syracuse today and filled up at $2.93. That saved me $15.00 from filling at home!

willretire@40
10-16-2008, 04:40 PM
Yeah the price is going lower so only get enough gas for 2 days at a time until it hits rock bottom.

Genlandscape
10-16-2008, 04:40 PM
Traders on Wall street and other markets around the world have a big part in determining the price of crude oil. The big hits in the stock market have helped to bring down prices on many comodities including petroleum. Enjoy the prices they should stick araound for a while, and are projected to go even lower. Once we see a jump in the economy, we will see a jump in comodities as well. What comes around goes around.

DA Quality Lawn & YS
10-16-2008, 04:54 PM
Yeah the price is going lower so only get enough gas for 2 days at a time until it hits rock bottom.

This is a really good strategy. Don't go out and fill your truck tanks way full each time. Hedge your pricing, fill half tanks, save yourself some dough.

dura to the max
10-16-2008, 05:55 PM
my fuel gauge doesnt work...so i have to do the math to figure out the fuel levels...aint worth buying 2 days worth at a time...

2.89 today

4 seasons lawn&land
10-16-2008, 07:11 PM
I wish I could find a way to hord fuel without it breaking down.

JLWC
10-16-2008, 07:16 PM
it's 2.39 here

joshua
10-16-2008, 10:57 PM
Exxon Mobil Corporation 2Q'08 Press Release...... read the press release scroll down its at/ by the bottom. nothing personally but how is it that we all use large amounts of gas and the vast majority of us don't follow whats happening in the oil industry.

OPEC announced today they are moving up there next meeting so they can cut supply. 1-2 millon barrels i would think based on the stockpiling. if it is cut expect gas prices to follow.

i hope that link work if not go to exxonmobil's web site and click on invetor links and read it for yourself.

joshua
10-16-2008, 10:59 PM
http://www.exxonmobil.com/Corporate/Files/news_release_earnings2q08.pdf

brucec32
10-17-2008, 01:15 PM
We're down to 2.699 around here. Makes ya sick don't it. they jack it up when you need it most, and then drop it when biz slows.
I think the gov should regulate gas. theres no reason we should be paying those prices and them boasting a 1/4 quater profit of 14 billion.

Yes, it's all part of their plan to screw the lawncare business. They're just feeling a lot more charitable now, that's all. They could be charging us $145/bbl for oil but choose not to. And conversely they could be charging us $70 but choose to charge us double that in the summertime, purely randomly. The market conditions and supply demand factors obviously have nothing to do with it. Much better to let the government decide what prices should be. They're doing such a great job with the post office.

brucec32
10-17-2008, 01:18 PM
Can you please explain to me how the government can tax those companies almost triple their profit?

Taxes are incurred on US corporations based on their world profits, not just their US profits. I believe the number quoted for profits was for the US only.

DaughtryLC
10-17-2008, 02:57 PM
That's just perfect!, Gas below 3 and mowing slowing down! Never fails!

accuratelawn
10-18-2008, 12:21 AM
$2.35 here is SW Missouri.

Do you really want the government to regulate prices of gas? What's next, regulating lawn mowing prices or mulch installs. Let the market set the price!

The gas prices go up every summer. Diesel goes up every winter. Plan for it....you guys are businessmen, right?

Kglenn04
10-20-2008, 02:30 AM
2.69 over this way I grabed a 50 gal drum and filled up

ZTRMaster
10-20-2008, 05:52 AM
2.50 in some places here in Atlanta. Relatively cheap. Cheap retrospectively? Not a chance.

I heard on, I believe it was CNN, that OPEC is going to cut productions because the price of gas is falling. Oil companies don't like that they are having to light their cigars with 50 dollar bills instead of 100 dollar bills now. Oil companies know nothing of compromise, they'd love to see us paying 5 dollars a gallon for regular because they know that no matter what, most people will find a way. Do oil companies care if they damn near put people out of business? Do oil companies care if the high price of gas is ruining our economy and making it EXTREMELY hard for people to just fuggn' LIVE? No, absolutely not. All they care about is making a few extra bucks, even at the expense of people's lifestyles. They'd just as soon put twice as much weight on your back if it meant making a few bucks, they'd never consider sacrificing a little of theirs and helping YOU, Joe Blow, carry the weight. You know what I'm talking about. If you don't, you need not apply.

I say let the government control it. I say tell those bastards that if they don't lower the prices to a REASONABLE (no, I don't consider 3 dollars a gallon to be reasonable) level, they're going to lose business and face legal prosecution. Moreover, the analogy people are making about "well do you want the government to control this that and the other too??" is a total fallacy. The government is not going to try to control things that aren't vital to American families and the economy. Sorry, but just about anybody can go without lawn care. How many people can live their lives without using gasoline or diesel? Very, VERY few. If water went up to a dollar a gallon...I think the government would immediately jump on that and knock it back down. If groceries were so expensive that families were unable to eat, I'd say let the government take over. That's what they're here for, their number one priority (at least it should be) is to protect the American people. I'd gladly give up a few freedoms for a sound future.

Richard Martin
10-20-2008, 06:16 AM
I'd gladly give up a few freedoms for a sound future.

I would never ever give up any freedoms for a sound future. I'd rather pay $20 for a gallon of gas than give up any freedoms. :usflag:

LawnMastersTx
10-20-2008, 11:39 AM
I was not born yet, but from what I remember from History, during the Carter's days as President, he tried to have the government set the price of fuel and what happened. LONG gas lines as the pump and HIGH prices. Let the market control the price; it would be nice if the US became a major player in the oil market so the OPEC guys can just go and enjoy their sand outside instead of making huge profits.

Also most people dont know that oil companies make around 13 cents a gallon profit from gas, while as OUR government makes around 50 to 60 cents per gallon. Why is our government making more of a profit off gas than the companies that are making it. Something just is not right with that.

Btw gas is around 2.69 here, I am loving it and hope it drops more.

Heres the questions, if we raised prices when the gas is high, who is going to drop them since the gas has gone down?

Richard Martin
10-20-2008, 07:15 PM
We finally got below $3 today.

GravyTrain
10-23-2008, 12:02 AM
I don't want to make any enemies, but I filled up last night at $2.22. The problem is that when I woke up this morning, it was down to $2.16. On the way home, it was $2.14 and then after my wife and baby daughter went with me to Best Buy and Home Depot, it was down to $2.11. I can't wait to see what it is in the morning.

Richard Martin
10-23-2008, 05:32 AM
We're now at $2.89. It's taking forever to come down but it sure did feel good to fill up my truck and mowers for 40 bucks less. :)

whoopassonthebluegrass
10-23-2008, 08:35 AM
$2.97 last night. Only a buck and a half to go! :dizzy:

DA Quality Lawn & YS
10-23-2008, 10:11 AM
$2.97 last night. Only a buck and a half to go! :dizzy:

I feel for you....still almost 3 bucks?!?! Oil is like $70 per barrel. Someone is making some moolah.

$2.43 here as of last night, still needs to come down about 50 cents to get in line with the price of oil.

topsites
10-23-2008, 10:19 AM
I wouldn't get too excited because I been watching this crap for the past 8-10 years and it's all they do is lower it for a while and
as soon as we fall back into our old fuel-wasting ways they start to raise it like there's no tomorrow and then it keeps going and going.

I'm also having to guess we have a lot of young folks here, wasn't that long ago but cheap gas for me is 99 cents a gallon,
I don't really consider $2.47 "cheap" at all.

So I think it best to slow down, I am glad the price is down a
little bit too but this is only like the calm before the next storm.

They're just feeling a lot more charitable now, that's all. They could be charging us $145/bbl for oil but choose not to. And conversely they could be charging us $70 but choose to charge us double that in the summertime, purely randomly. The market conditions and supply demand factors obviously have nothing to do with it.

That's what I'm talking about!

I feel for you....still almost 3 bucks?!?! Oil is like $70 per barrel. Someone is making some moolah.

$2.43 here as of last night, still needs to come down about 50 cents to get in line with the price of oil.

Yup, more bs roughly along the same lines, watch out I say, be cool.

RedRebel
10-23-2008, 11:16 AM
2.06 here!

lawns Etc
10-23-2008, 02:46 PM
I thought $2.45 was better wow 2.06

dura to the max
10-23-2008, 03:02 PM
i saw it at $3.09 today...

lowest in town is $2.59 as of last night

Charles
10-23-2008, 03:24 PM
From what I have read there was some type of regulation in place to keep prices from fluctuating like this. The regulation was in place for 20 years and it was allowed to expire during King W's reign....
For those of you who think free enterprise ought to rule concerning gas prices then you have blinders on when it comes to monopolies. Nothing free enterprise about how gas stations stay within 5 cents of each others prices. You can't save that 5 cents running out gas comparing prices either.
$4.00 a gallon gas has brought the worlds economy to its knees and that's why the prices are falling. Speculators have seen they are killing the goose that laid the golden egg. Consumers can only stand so much gouging. Keep in mind that the price of most everything went up with the price of gas ie lawn care, groceries, air travel etc etc etc.
I think the government has done a great job with the Postal service. 42 cent stamps are still dirt cheap for delivering mail

S man
10-23-2008, 05:50 PM
We're at 2.69 in louisiana.

whoopassonthebluegrass
10-23-2008, 10:55 PM
I think the government has done a great job with the Postal service. 42 cent stamps are still dirt cheap for delivering mail

Totally off track, but the USPS is the epitome of horrible monopolies!! Buncha lazy a$$ do nothings if ever there were any. Their jobs are secure and there's no competition. You go inside a post office and you'll see a bunch of sloths in light blue shirts.

corey4671
10-23-2008, 10:59 PM
lookie what I saw today!!!

joshua
10-24-2008, 12:11 AM
i think prices are going to stay or start to go up OPEC moved up the meeting and OPEC members are calling for 1-2 million barrels less per day just like i said would happen over a week ago. look at our govenments oil and gas stock it way up. just a warning.

on the profits of big oil - first exxon and the other have to buy the oil off of those countries that don't like us. so they don't get all the money.
second if you have a 401k or a roth ira, you are a part owner in those companies. in other words there profits are helping to fund your retirement.

federal gas tax is .184 cents, congress wants to raise it to .29 cents next year.
state of ohio gas tax is .466 cents

traman
10-24-2008, 12:19 AM
the said part to all of this is ,what ever the price is ,its only for 9 tens of a gallon !!!!! everybody just calls it a gallon of gas

garnersgardening
10-24-2008, 12:32 AM
the said part to all of this is ,what ever the price is ,its only for 9 tens of a gallon !!!!! everybody just calls it a gallon of gas

Its supposed to be an entire gallon. If they are chargeing for a gallon and you only get 9 tenths of one then you should contact the state. I don't remember who your supposed to contact but its on the pumps the little sticker from the state to certify the calibration on that pump.

ZTRMaster
10-24-2008, 04:05 AM
I think what he means is the little superscript "9" on the numbers. That's not .9 gallons, that's nine-tenths of a cent. For instance, if gas is $2.99 a gallon, then it's basically 2.999, only one-tenth of a cent short of an even $3.00

Richard Martin
10-24-2008, 04:06 AM
the said part to all of this is ,what ever the price is ,its only for 9 tens of a gallon !!!!! everybody just calls it a gallon of gas

That's interesting. Is it supposed to be that way? How come I can only get 5 gallons of gas in my 5 gallon can if they should be holding about 5.5 gallons of gas?

ZTRMaster
10-24-2008, 04:06 AM
lookie what I saw today!!!

Yeah, nice try :P That's a broken down gas station where either the prices used to be that low or one of the numbers fell off. :P

corey4671
10-24-2008, 09:43 AM
I never implied it was in business! :D

whoopassonthebluegrass
10-24-2008, 10:49 AM
In the spring of 1998, I could buy gas in the suburbs of Atlanta for $0.759/gallon...

Kennedy Landscaping
10-24-2008, 11:55 AM
I filled up this morning for $2.24 on 87 Octane

Petr51488
10-24-2008, 12:06 PM
Price wars dropped the price of 1 guy to 2.15 everyone else around here is at 2.39-2.55

PROCUT1
10-24-2008, 03:39 PM
That's interesting. Is it supposed to be that way? How come I can only get 5 gallons of gas in my 5 gallon can if they should be holding about 5.5 gallons of gas?

The pumps calculate the 9/10th of a cent when they are dispensing.

leeslawncare
10-24-2008, 04:31 PM
it is 2.62 here

Richard Martin
10-24-2008, 05:00 PM
The pumps calculate the 9/10th of a cent when they are dispensing.

And...? If your gas costs $2.75 and 9/10s of a cent and you pump in that amount you should have exactly one gallon of gas. Pump in $2.76 and you should have a hair over 1 gallon and $2.74 would give you a hair under a gallon.

GravelyNut
10-24-2008, 05:14 PM
$2.699/gal here for regular.

And I think the 9/10 comment about gas was that out of every gallon that you put in the can, only 9/10th is gasoline. The rest is crud, including ethanol, additives, etc.....

PROCUT1
10-24-2008, 05:21 PM
And...? If your gas costs $2.75 and 9/10s of a cent and you pump in that amount you should have exactly one gallon of gas. Pump in $2.76 and you should have a hair over 1 gallon and $2.74 would give you a hair under a gallon.

Correct...thats why if you look at an electronic pump there are 3 places after the decimal.

TNT LawnCare Inc.
10-24-2008, 05:23 PM
Down to 2.47 here.

willretire@40
10-24-2008, 05:32 PM
$2.35 for 87 octane

$3.15 for diesel

GravyTrain
10-24-2008, 08:39 PM
$2.04 today

billslawn89
10-24-2008, 08:53 PM
i'm still at 2.64 today at sams club..wish it was in the low 2.00's or even less!!!!

ed2hess
10-24-2008, 09:51 PM
One shell station in our area dropped the price to $2.09 this week and riots almost broke out at the pumps. Police had to be called to keep order. It was a promotional thing.

Superior L & L
10-24-2008, 09:56 PM
2.49 per gallon here ..............still about $2.00 to much

punt66
10-24-2008, 10:09 PM
2.49 per gallon here ..............still about $2.00 to much
hahaahahahah

accuratelawn
10-26-2008, 11:43 PM
2.06 today

corey4671
10-27-2008, 12:13 AM
filled up the wife's car last night at 2.58 and it dropped to 2.49 today. *&(^*%&%&(^(^^&*$*^(&)*)*^%$#%

Ric3077
10-27-2008, 12:40 AM
$2.55 hope it keeps going down

LBLC_LCO
10-29-2008, 10:56 AM
Filled up @ $1.91/Gallon in Independence Missouri :clapping:

topsites
10-29-2008, 11:45 AM
OMG the cartel is lowering production and I wouldn't get very excited
because soon enough that crap is going to start shooting back up again
and when it does I hope not to be one of the folks wishing I had conserved.

willretire@40
10-29-2008, 12:36 PM
$2.07 at one station here.

DA Quality Lawn & YS
10-29-2008, 03:30 PM
OMG the cartel is lowering production and I wouldn't get very excited
because soon enough that crap is going to start shooting back up again
and when it does I hope not to be one of the folks wishing I had conserved.

Right now I don't think the oil market gives a dang about the cartel - fear about the world economy will keep oil and hence gas down for a while. Let the sheeks sit on their oil for now....

However I am not ignorant and know that come next spring/summer, prices will shoot back up again.

Richard Martin
10-29-2008, 03:31 PM
We're at $2.54 now.

whoopassonthebluegrass
10-29-2008, 04:15 PM
$2.69... too bad I'm barely working...

corey4671
10-29-2008, 07:24 PM
Filled up @ $1.91/Gallon in Independence Missouri :clapping:

WTF?!?! The rest of us are getting hosed!!

Ric3077
10-29-2008, 08:29 PM
Costco was $2.14 today and there was 7-8 cars lines up at each pump about 50 cars waiting on a few pumps...

billslawn89
10-29-2008, 09:57 PM
2.48 around here, some shell stations are at 2.71..unreal