GT500-07 Posted November 19, 2008 Report Share Posted November 19, 2008 some good news out there ($1.89 for 89 and $2.05 for 93 around here) Gasoline prices dropped to below half of the record high Wednesday, declining for the 63rd straight day in a national survey. http://finance.yahoo.com/news/Gas-falls-to...m-13618856.html Link to comment Share on other sites More sharing options...
mywickedshelby Posted November 19, 2008 Report Share Posted November 19, 2008 I just saw 1.89 for 89 and 2.09 for 93 (too) on the way back from lunch. oh what a relief it is! Link to comment Share on other sites More sharing options...
ejrail Posted November 19, 2008 Report Share Posted November 19, 2008 I guess this is the best economic news we can find right now. Out here in the wild west, I just filled up my truck with regular for $1.81. I haven't driven the Shelby since I drove it back from Vegas two weeks ago so I don't know what our Premium 91 is going for right now. It looks to be a nice weekend so I feel a 4.6L rush building up by Saturday :happy feet: Link to comment Share on other sites More sharing options...
QuietShelby Posted November 19, 2008 Report Share Posted November 19, 2008 1.78 down here last night for 87. Link to comment Share on other sites More sharing options...
Boss Doctor Posted November 19, 2008 Report Share Posted November 19, 2008 I spent $1.72 for 87 at kroger last weekend! :happy feet: Link to comment Share on other sites More sharing options...
moabman Posted November 19, 2008 Report Share Posted November 19, 2008 And as a result of the lower gasoline costs, consumer prices have plunged more than they ever have in the last 67 years, falling a full 1% in October. This rapid fall in oil and gasoline just shows how silly the accusations that oil companies control the prices are. They can't control them when prices are falling. For example, the oil stocks are 3.5% below what they were last year at this time. At the height of the price spike this summer, that news would have sent the price per barrel soaring. Now the oil commodity market hardly notices and the price falls again to another recent record low of near $52/barrel. If the oil companies can't control the price of oil now how do people claim that they are controlling them when they are rising? In July, with the headlines reversed, there would have been 4 pages of posts on this thread with 90% howling in indignation. Now it's just 4 posts and none of them comment (correctly so!) on the role of the oil companies in creating these prices. Perhaps it's because everyone now realizes OIL COMPANIES DO NOT CONTROL THE PRICE OF OIL. Yeah, right (ironic sigh here). What a difference 6 months have made. I have to admit I was wrong about GT500-07. I was sure he would be as silent as a chuch mouse when the prices started to fall but he has been the only one posting this news. Link to comment Share on other sites More sharing options...
gr8snkbite Posted November 19, 2008 Report Share Posted November 19, 2008 it's a plot between the big3 and oil industry...keep dropping prices...people start buying cars again... Link to comment Share on other sites More sharing options...
moabman Posted November 19, 2008 Report Share Posted November 19, 2008 it's a plot between the big3 and oil industry...keep dropping prices...people start buying cars again... Link to comment Share on other sites More sharing options...
RUFDRAFT Posted November 20, 2008 Report Share Posted November 20, 2008 Link to comment Share on other sites More sharing options...
GT500-07 Posted November 20, 2008 Author Report Share Posted November 20, 2008 $1.99 for 93 in my area. sure hope fuel oil drops, for those that heat with it. Oil prices drop below $50 dollars, hit 3.5-year lows Oil prices sank under 50 dollars a barrel in London on Thursday, reaching the lowest levels for three and a half years, as the market was plagued by weak energy demand. Brent North Sea crude for delivery in January tumbled to 48.54 dollars a barrel -- last reached in May 2005. The contract had closed on Wednesday at 51.72 dollars. http://news.yahoo.com/s/afp/20081120/ts_af...nergyoilprice50 Link to comment Share on other sites More sharing options...
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