GAS $3.12 a gallon

[usafboy]

AAFES gas is 3.13 right now I think. Two days ago it was 3.03 then next day jumped up ten cents

[Mightygrasshopper]

looking at $1.55 or so canadian per litre!

[Indpowr]

through the end of the year, barring unexpected phenomena

ummm, election....imo

[Eskilachi]

Originally Posted by JB_21

I've never put Arco or those cheap brands in my camaro....
But what do you guys think on COSTCO gas? I've seen a lot of "rich" people with High end cars at their gas stations so I'm thinking it's not that bad...???

I see I got a lot to learn here. I seriously thought gas was just, yeah, gas? I´m not from the US, and not used to gas being different depending on where you go. Where I´m from gas is gas, and it doesn´t really matter where you get it, it´s the same.

So, where should I buy those precious drops for my sweet Camaro?

[Ir0nM4n]

Originally Posted by All Star

The bigger news is that it should keep dropping through the end of the year, barring unexpected phenomena.

Gas always peaks around the month of May recently.

You do know petrol is traded...

http://www.cnn.com/2012/02/28/opinio...ion/index.html

I dont think an unexpected phenomena is needed for it to increase. It isnt on supply and demand. There is more literature about this if needed. Or just search on line.

[CUPRA]

Filled up yesterday... $3.56 a gallon... nice to see the prices come down finally. Wonder if we'll see prices below $3 a gallon again.

When I moved to the USA almost 10 years ago, gas was $1.17 a gallon!

[shrinkdoc]

Only .39 cents a gallon where I am.

[All Star]

Originally Posted by MINI HLK

You do know petrol is traded...

I dont think an unexpected phenomena is needed for it to increase. It isnt on supply and demand. There is more literature about this if needed. Or just search on line.

I am well aware it is traded, but take a look at the price charts for the past seven years...in general, they peak in May, and hit their low in the fourth quarter.

[lawman007]

It was $3.47 here in Lansing, MI. No matter how bad you got it, there's always someone got it worse.

[TheDecon]

I paid 3.89 for Premium in Chicago burbs today. That's crazy good for this area. Sad to have to say that's good but w/e I'll take it.

[speeddemon69]

3.81 for 93 in south Texas

[Alan11]

On my side of town it is 3.09 for 87, near the airport it was 3.01 at Sam's Club yesterday.

[suplex]

Originally Posted by ParisTNDude

Wow, it's been a while since gas was this cheap! $3.12

Here is what I don't like about how we are being controlled by gas prices. First of all, $3.12 is NOT cheap, it's cheap when you compare it to $4.00 and above.

Suppose, all along gas was $1.69/gallon, and then one morning you woke up and went to go get gas and it was $3.12. How "cheap" would it be then?

That's how we are being controlled. They make gas go to $4.00 and above (even over $5.00 in some areas) and then when it goes down to $3.12 it looks good. It's STILL too expensive for gas, don't let them mind control you.

[jd10013]

Originally Posted by Indpowr

ummm, election....imo

nah. gas coming down is actually a bad thing. the only reason it's coming down is because people are worried that the euro is about crash and the EU might break up. because of that, everyone is dumping their euro's for US dollars. that's causing the dollar to strengthen. and since all commodities are priced in US dollars, a stronger dollar will result in cheaper commodities. Gold is taking a beating because of this. Also, Chinese growth is looking like it's slowing more than expected.

even though it's bringing cheap gas, the problems in Europe, slowing in china, and our own debt problems will most likely lead to another global recession. and a pretty bad one at that. :(