Has anyone noticed a drop in the price of gasoline yet?
I've heard on the news it could drop below $2 a gallon in the U.S..
A price war by major oil producers is at hand.
Bad news for investors but great news for consumers . . . IMHO.
The thing is that it makes me wonder what kind of adjustments will be made along the logistical supply chain. In the long run will it be a good thing? or bad thing? . . . all things considered.
Hopefully it won't open the flood gates on the sale of more "gas guzzlers" and be detrimental to the environment.
Re: Price of Gas Dropping?
Posted: Tue Mar 10, 2020 9:45 am
by cnikonpete
Only $6 a gallon in the UK!!!
Re: Price of Gas Dropping?
Posted: Tue Mar 10, 2020 4:19 pm
by Yorkie150
£1.21 a litre in the UK !! and nearly all of that is tax !!!!!
Re: Price of Gas Dropping?
Posted: Tue Mar 10, 2020 5:31 pm
by Gil
It's just some infighting at OPEC. I don't foresee the oil prices staying low for long.
Re: Price of Gas Dropping?
Posted: Wed Mar 11, 2020 9:29 am
by Mel46
I understand that it is an oil war between Russia and OPEC.
Re: Price of Gas Dropping?
Posted: Fri Mar 13, 2020 12:11 pm
by salsa
Last night at our local Sam's Club, it was down to $1.98 per gallon!!!
Re: Price of Gas Dropping?
Posted: Fri Mar 13, 2020 2:13 pm
by fish
$1.79 SHELL this morning - straight price , no coupons.
(I remember a GULF station in Mass. that gave a free car wash if you bought $3 or more.
I had to coast into the station, or put a little on the ground next to my '71 Beetle to get that wash!)
Fish
Re: Price of Gas Dropping?
Posted: Sat Mar 14, 2020 9:18 pm
by Gil
What, I just filled up my Subaru with Premium and the price of a gallon was 3.69 dollars, No change.
Re: Price of Gas Dropping?
Posted: Mon Mar 16, 2020 6:57 am
by maddiedog
I filled up the truck yesterday, $1.89 a gallon. I haven't seen that kind of pricing in years.
Re: Price of Gas Dropping?
Posted: Mon Mar 16, 2020 9:43 am
by 87112
2.89 is the cheapest in my area. Life is expensive in Amazon owned Seattle.
Re: Price of Gas Dropping?
Posted: Thu Mar 19, 2020 8:17 pm
by Old Grinner
I just paid $2.49 a gallon for Shell Regular 87 Octane (91 RON).
That's down around 20 cents a gallon or so . . ..
There was a lot less traffic. I guess without any meetings or activities to attend or restaurants being closed that could have something to do with it. It truly is strange.
Remember when it was just common place to walk in and order a meal somewhere?.
