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Gas prices are lower (hate to use the media phrase, plummeted) in Austin, routinely find stations selling regular below $2.50 a gallon. Saw $2.45 today and heard of $2.39 in suburbs with the three cent a gallon discount if you have the station's card. How's the rest of the country?
Roll on the next UK election. We're paying the equivalent of $ 7.74 per gallon in Scotland and we're an oil producing country. Think something approaching 80% of the cost of every gallon sold goes straight to the government coffers.
Oh to be paying $2.50 or less [img]/fckeditor/editor/images/smiley/MWPX/dance.gif[/img]
I've actually seen gas for $1.99 over in the refining area of houston.
Interestingly, I read an artical in consumer reports about gas prices and apparently the govt provides a $0.51/gallon taxcredit to the refiners/marketers of 10% ethanol fuels that we now use. So really this new price isn't really out of the kindness of their hearts or even due to the pipeline being repaired. They also tested a Tahoe on 15% ethanol that got around 20-30% less fuel mileage and ended up costing them more to operate.
Even more interesting, how in the world can I find gas for $1.99 within 20 miles of a gas station still selling 87 for $2.79?
I'm find this most puzzling. You'd think market forces would take effect. Like in the old days when they had 'gas wars' among filling stations. One place would lower its price to 23 cents, then another down the street would drop to 22 cents, pretty soon everyone was selling it for 19 cents. I'm amazed that you can see a 15 cent variance within the same block but doesn't seem to matter to anyone.
Quote:
I've actually seen gas for $1.99 over in the refining area of houston.
Interestingly, I read an artical in consumer reports about gas prices and apparently the govt provides a $0.51/gallon taxcredit to the refiners/marketers of 10% ethanol fuels that we now use. So really this new price isn't really out of the kindness of their hearts or even due to the pipeline being repaired. They also tested a Tahoe on 15% ethanol that got around 20-30% less fuel mileage and ended up costing them more to operate.
Even more interesting, how in the world can I find gas for $1.99 within 20 miles of a gas station still selling 87 for $2.79?
Not to turn this into a political argument but for America, I'm wishing for higher and higher gas prices! This is the only way America will be forced to develop cost effective synthetic fuels, alternatives fuels, and encourage domestic drilling.
OPEC knows this and will continue to moderate prices to prevent this from happening. As long as this happens, the free world will be financing nations who promote terrorism and promise the destruction of western society.
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