Gas sinks to 3-year low

Discussion in 'Nets OT Forum' started by Dumpy, Oct 29, 2008.

  1. Dumpy

    Dumpy Yi-ha!!

    Joined:
    Aug 1, 2007
    Messages:
    4,231
    Likes Received:
    24
    Trophy Points:
    38
    http://money.cnn.com/2008/10/29/news/economy/gas_prices/index.htm?cnn=yes
     
  2. ghoti

    ghoti A PhD in Horribleness

    Joined:
    Jul 30, 2007
    Messages:
    5,516
    Likes Received:
    14
    Trophy Points:
    38
    A week before the election - shocking.
     
  3. Dumpy

    Dumpy Yi-ha!!

    Joined:
    Aug 1, 2007
    Messages:
    4,231
    Likes Received:
    24
    Trophy Points:
    38
    It more than makes up for the stock market losing a quarter of its value, don't you think?
     
  4. razel231

    razel231 Member

    Joined:
    Nov 18, 2007
    Messages:
    195
    Likes Received:
    0
    Trophy Points:
    16
    Road trip!
     
  5. Netted

    Netted Member

    Joined:
    Aug 2, 2007
    Messages:
    1,804
    Likes Received:
    0
    Trophy Points:
    36
    Still way overpriced. The day after the price of a barrell of oil goes up on the market the price of a gallon of gas goes up at the pump. The minute it goes down it takes forever to go back. Assholes.

    I love how Alaska has the highest price for gas and Palin is the "energy expert". :biglaugh:
     
  6. Dumpy

    Dumpy Yi-ha!!

    Joined:
    Aug 1, 2007
    Messages:
    4,231
    Likes Received:
    24
    Trophy Points:
    38
    isn't some of that due to a "lag factor" of when a particular station gets its supply? I often see no movement at my local station for a week, and then all at once it has gone down ten cents.
     
  7. networks

    networks Member

    Joined:
    Apr 22, 2008
    Messages:
    453
    Likes Received:
    4
    Trophy Points:
    18
    Those that have benefited from the inflated gas prices and other war related profiteering are on their way out. So expect it to go down some more.
     
  8. Kidd Karma

    Kidd Karma Member

    Joined:
    Apr 15, 2004
    Messages:
    878
    Likes Received:
    1
    Trophy Points:
    18
    I have to remember to plan a road trip for Halloween 2012.
     
  9. Claud

    Claud Legendary

    Joined:
    Mar 5, 2008
    Messages:
    3,402
    Likes Received:
    8
    Trophy Points:
    38
    Occupation:
    Full-time Student
    I think around 1.47$ should be about right.
     
  10. Netted

    Netted Member

    Joined:
    Aug 2, 2007
    Messages:
    1,804
    Likes Received:
    0
    Trophy Points:
    36
    yes, there is a "lag" for it to go down... but they raise it the minute the price of a barrel of oil goes up. And they make all kinds of excuses as to why they need to raise it so fast, but no one says anything about why it takes so long to go down. I heard that in England the government actually called out the companies for this practice and the price came down more.
     
  11. New Breed

    New Breed New Member

    Joined:
    Jul 3, 2008
    Messages:
    16
    Likes Received:
    0
    Trophy Points:
    1
    Remember the days when we paid $0.99 for supreme?
     
  12. Dumpy

    Dumpy Yi-ha!!

    Joined:
    Aug 1, 2007
    Messages:
    4,231
    Likes Received:
    24
    Trophy Points:
    38
    wasn't too long ago. I can remember paying around $0.91 for regular around 10 years ago.
     
  13. Petey

    Petey Super Sized Sexy, The Bulls Fan Killer! Staff Member Administrator

    Joined:
    Jun 4, 2007
    Messages:
    4,042
    Likes Received:
    9
    Trophy Points:
    38
    When I was a Senior in High School.

    -Petey
     
  14. networks

    networks Member

    Joined:
    Apr 22, 2008
    Messages:
    453
    Likes Received:
    4
    Trophy Points:
    18
    I could remember when I used to put $.50, $1 and $2 worth of gas.

    I also remember running out of gas several times.
     
  15. networks

    networks Member

    Joined:
    Apr 22, 2008
    Messages:
    453
    Likes Received:
    4
    Trophy Points:
    18
    You know I was think the same thing but I was planning mine around December, but you make a valid point.
     
  16. BrooklynBound

    BrooklynBound Member

    Joined:
    Feb 22, 2008
    Messages:
    425
    Likes Received:
    0
    Trophy Points:
    16
    If you really think Republicans can influence gas prices in the short-term... well, I have nothing witty. You're just absolutely wrong.
     
  17. ghoti

    ghoti A PhD in Horribleness

    Joined:
    Jul 30, 2007
    Messages:
    5,516
    Likes Received:
    14
    Trophy Points:
    38
    Once again you misconstrue a post and are needlessly confrontational.

    You ever have a friendly conversation with anyone? I haven't seen it.
     
  18. BrooklynBound

    BrooklynBound Member

    Joined:
    Feb 22, 2008
    Messages:
    425
    Likes Received:
    0
    Trophy Points:
    16
    If you were joking, I apologize. If not, I stand by my post.
     
  19. ghoti

    ghoti A PhD in Horribleness

    Joined:
    Jul 30, 2007
    Messages:
    5,516
    Likes Received:
    14
    Trophy Points:
    38
    I was kind of half-joking.

    I don't think lower gas prices really benefit either party or influence the election.

    I do think the government has a good amount of control over the prices at the pump and manipulate them to serve various agendas. That's not really radical thinking.
     
  20. BrooklynBound

    BrooklynBound Member

    Joined:
    Feb 22, 2008
    Messages:
    425
    Likes Received:
    0
    Trophy Points:
    16
    What do you think they can do?
     

Share This Page