Price of gas update...
#4156
Re: Price of gas update...
And again with the counties within each state. The neighbouring county South of us is about ten cents a gallon more than our county, Tampa, to the North, often mirrors the same price as us (but usually drops and rises a day or two before our prices change???)
#4160
Re: Price of gas update...
The price came down with a bump towards the end of 2018 and has been at $1.919 for several weeks at my favorite BP (i.e. the cheapest one in my bailiwick ) That said the regional Kroger franchise is running a promo with BP (we shop at the Kroger and buy BP gas anyway, so it is as good as free money for us ) that has been getting us another 20¢-30¢ knocked off the price per gallon for up to 35 gallons at a time - meaning we park our Accords on either side of the pump and have been able to grab as much as 34 gallons at a time at the discounted price, …. which I pay for with our BP visa card, which earns us more credits towards discounted BP gas. The rest of the time I use our BP Visa card and that usually means paying 10.9¢/gal.
#4161
Re: Price of gas update...
Most of the competitive stations are at the $1.969 mark at the moment although I did pass a 7/11 yesterday at $1.929 - I did wonder if it was a mistake but 7/11's are usually fairly dependable, unlike Shell stations that advertise marginally pricier gas and it's not until you've half filled the tank that you realise it's at least 15 cents a gallon more because that's their price when car wash included.
#4162
I have a comma problem
Joined: Feb 2009
Location: Fox Lake, IL (from Carrickfergus NI)
Posts: 49,598
Re: Price of gas update...
I saw it at $1.90 on the way into work. I'm tempted to just fill up on the way home, even though I could probably squeeze out 3 or 4 more days on what I have left, just because I know if I don't it'll all of a sudden jump up to $2.89 or something when I need to.
#4164
Re: Price of gas update...
I saw a business headline this morning that the price of crude oil had risen on five consecutive business days - and it was up another couple of dollars today, so the price of gas is pretty much certain to start rising within a few days, barring another downward turn in the price of oil.
#4165
Re: Price of gas update...
I saw a business headline this morning that the price of crude oil had risen on five consecutive business days - and it was up another couple of dollars today, so the price of gas is pretty much certain to start rising within a few days, barring another downward turn in the price of oil.
#4166
Re: Price of gas update...
You only need futures when you are "exposed", for example by locking in a sales price without knowing your raw materials cost, such as an airline that sells tickets several months ahead but is exposed to the spot price of kerosene. Petroleum companies however buy much of their oil at the spot market price and sell distillates a few days later, also at the spot market price, so they are not "exposed" to price fluctuations other than for the few days that the oil is being off-loaded and processed.
#4168
Re: Price of gas update...
Filled up in Tn yesterday at lunch before heading home last night at $1.85. 5 hours later it was $1.99. Still at $1.83 when I passed through Middlesboro, Ky.
#4169
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Joined: Aug 2013
Location: Athens GA
Posts: 2,133