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What the hell is going on in Iowa? Iowastategasprices.com reporting $1.96 gasoline!

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Filed: Citizen (apr) Country: England
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Posted
Cheapest I've seen where I live is 2.35.

newjerseygasprices.com says the cheapest in this state is 2.15 at Vineland.. I don't even think I know where Vineland is.

Our local newspaper (Raleigh, NC) reported yesterday that gas could fall as low as $1.15 a gallon in the coming months ! :dance:

Source:

http://www.newsobserver.com/104/story/486039.html

Happy motoring ! Neil.

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Posted

I'm one of those people who think gas prices should be higher. :yes: I'll get me coat. :ph34r:

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Filed: Citizen (pnd) Country: Canada
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The particular econimist that said gas could fall to 1.15 disclaimed that by discounting OPEC intervention, A conflict with Iran etc. He was basing it on overbought futures. I also beleive, that he was talking about the NYMEX price, not the pump price which, in Connecticut, is about 1.00 higher on average.

And again, Gas should cost a lot more, wed all be better off for it in the long run. This lifestyle is unsustainable over time.

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Filed: Citizen (pnd) Country: Canada
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Strange, if the dems were in power it would be right wing conspiracy theorists. Sometimes I think the pundits around here are bobble head dolls or something.

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It's gone down quite a bit here the last couple of days. It's now at $2.47. I'm hoping it will continue to go down. I'd like to see it at $1.15 but I don't think that's going to happen around here. We have some of the hightest gas tax around. We can drive 15 minutes into Tennessee and it's around $2.00 there.

Just couldn't stay my @ss away!

Filed: Citizen (apr) Country: Egypt
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$2.18 here in Minnesota. We usually have some of the lowest gas prices here in the midwest :dance:

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Posted

Strange, if the dems were in power it would be right wing conspiracy theorists. Sometimes I think the pundits around here are bobble head dolls or something.

nope, conservatives understand it's a supply/demand issue

Good point.

Demand increases in summer when driving travel is highest, and falls in autumn/winter. Notice that gas prices also rise in summer and then fall back somewhat.

In 1996, Dole tried using gas prices as ammunition for his election campaign--as he did it in early september, it backfired (prices fell shortly after, for which Clinton took undeserved credit).

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