Will the GAS PRICES continue to fall???
#1
I have noticed here,Southern Tennessee, that gas has dropped 30 cents,$2.99 and even $2.76 at a couple stores...any word on what will happen next? any chance it being in the $1.50 range again?
#2
Yeah it dropped 20 cents a gallon yesterday. I hope it continues to go down too. Probably went down since we got some of those off shore plants running to half capacity. I don't think we will ever see 1.50 gas again.[img]i/expressions/face-icon-small-sad.gif[/img]
#4
Just keep your eye on the stock exchange and see what a the price per barrell is. our 2.70 a gallon range
is around 65 dollars a barrell.
when it gets from 69 - 75 a barrell look for over 3 dollars a gallon.
You can kinda figure how much per barrell it has to drop in order for it to go down 20 or 30 cents.
Crude would have to be going for about 45 dollars a barrell in oder to get back into the 1.50 a gallon range.
is around 65 dollars a barrell.
when it gets from 69 - 75 a barrell look for over 3 dollars a gallon.
You can kinda figure how much per barrell it has to drop in order for it to go down 20 or 30 cents.
Crude would have to be going for about 45 dollars a barrell in oder to get back into the 1.50 a gallon range.
#5
We were paying around $.80/lt($3.00/gal) last winter. It went as high as $1.39/lt($5.21/gal) this week but fell only to $1.34/lt. Most people here would be happy if it dropped to a $1.00/lt($3.75/gal)......
#7
2.79 in my home town and 2.69 where im at now [img]i/expressions/face-icon-small-wink.gif[/img]
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#8
Still around 2.99 in my neighborhood. They said it's as low as 2.79, but that's about an hour drive.
#10
ive read it "should" go back to 2.50 by years end. in the same artcle it said gas will never be 1.50 again and gave reasons why and also proved it in past history. remember when gas was 1.30, then went to 1.90, etc? sure it dropped back down, but it never went to its normal price before the increase. but gas here is still 3.10's. dropped a little from 3.30's. its crazy what about us students who make $11 part time.........canit aford to do nothing but work and school!






