Gas Prices? Just checking.. Going up up up there too
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LakerLanny
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PostPosted: Wed Jun 15, 2022 8:13 pm    Post subject:

hoopschick29 wrote:
$6.13 for 87 - North San Diego County.


I am actually driving 20 minutes from Carlsbad to Oceanside to fill up at the "cheap stations" which are at $6.50 plus per gallon.

I might as well move to Hawaii or Europe at these prices.
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governator
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PostPosted: Thu Jun 16, 2022 4:07 am    Post subject:

Hopefully once the companies recoup the lost profits of 2020, they'll bring the average prices down
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leor_77
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PostPosted: Fri Jun 17, 2022 9:45 am    Post subject:

Oil futures are down almost 7% today. Don't know if the decline will continue, or even last...We'll have to see.
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aprevo15
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PostPosted: Fri Jun 17, 2022 10:19 am    Post subject:

governator wrote:
Hopefully once the companies recoup the lost profits of 2020, they'll bring the average prices down


I was working from home so I didn't get to enjoy the gas price of 2020. Bummer.
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hoopschick29
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PostPosted: Fri Jun 17, 2022 10:36 am    Post subject:

Imagine being on the 5, the 405, or the 15 at 4 in the afternoon on a Thursday, and it's near empty. That's what it was like in the weeks after COVID shut everything down. It was apocalyptic-feeling.
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governator
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PostPosted: Sat Jun 18, 2022 6:16 am    Post subject:

aprevo15 wrote:
governator wrote:
Hopefully once the companies recoup the lost profits of 2020, they'll bring the average prices down


I was working from home so I didn't get to enjoy the gas price of 2020. Bummer.


That's why I think this is retaliation from oil company because their revenue was done so much in 2020/2021 and sadly they have the power to control the price/production
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leor_77
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PostPosted: Wed Jun 22, 2022 7:23 am    Post subject:

leor_77 wrote:
Oil futures are down almost 7% today. Don't know if the decline will continue, or even last...We'll have to see.


Since I posted this, oil went down to about $105/barrel (which is an "additional" decline of 5%). We'll have to see if this downtrend continues.
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leor_77
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PostPosted: Fri Aug 05, 2022 5:39 am    Post subject:

Crude oil keeps going down (currently around $87/88 per barrel), so if it continues, expect to see more relief at the pump in the next few weeks.
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LakersRGolden
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PostPosted: Fri Aug 05, 2022 7:37 am    Post subject:

Cashed in grocery points and filled up @$4.88 on Wednesday. Pleasent surprise.
North San Diego.
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Surfitall
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PostPosted: Fri Aug 05, 2022 8:25 am    Post subject:

Headed in the right direction: The average price for gas nationwide has decreased every day for about 7 weeks straight now. As of August 1, the average national price of gas has dropped to $4.17. Almost 20 states now have an average at $3.99 or lower.

The refrain that gas prices go up like a rocket but fall like a feather continues to hold true as the price of oil has dropped far faster than what consumers are seeing as they pay for gas prices at the pump.
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LakersRGolden
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PostPosted: Fri Aug 05, 2022 4:31 pm    Post subject:

Surfitall wrote:
Headed in the right direction: The average price for gas nationwide has decreased every day for about 7 weeks straight now. As of August 1, the average national price of gas has dropped to $4.17. Almost 20 states now have an average at $3.99 or lower.

The refrain that gas prices go up like a rocket but fall like a feather continues to hold true as the price of oil has dropped far faster than what consumers are seeing as they pay for gas prices at the pump.


It's always the current price of oil on the way up and "that was the cost of oil when we started" on the way down.
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DancingBarry
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PostPosted: Sat Aug 06, 2022 1:52 pm    Post subject:

I saw a $3.89 just before the Canadian border in Washington this weekend.
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governator
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PostPosted: Sun Aug 07, 2022 10:25 am    Post subject:

aprevo15 wrote:
governator wrote:
Hopefully once the companies recoup the lost profits of 2020, they'll bring the average prices down


I was working from home so I didn't get to enjoy the gas price of 2020. Bummer.


hope they are willing to stabilize production and the price now

https://www.reuters.com/business/energy/big-oils-q2-profits-hit-record-50-bln-with-bp-yet-come-2022-07-29/
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leor_77
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PostPosted: Sun Oct 02, 2022 4:48 pm    Post subject:

Crude oil rose from lows of 86 to 97 about a month ago (a 13% increase)...Actual gas prices in LA rose like 30%...How the hell is this legal?

By the way, gas prices are still extremely high, despite the price of crude dropping to the low 80s, which is lower than any prices we've seen since January.
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