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The Scuppers This is a new forum for the not necessarily fishing related topics... |
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11-09-2005, 06:53 PM
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#1
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Registered User
Join Date: Sep 2004
Posts: 252
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All the big wigs were in front of the senate today. They were trying to dafend themselves for having record profits in the third quarter of this year.
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11-09-2005, 06:58 PM
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#2
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Registered User
Join Date: Sep 2001
Location: Whitman,Ma.
Posts: 4,263
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I live in Whitman, Ma. 2 Stations in town had it at $2.07 today...Gas war 
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I'm going where I'm going...
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11-09-2005, 07:02 PM
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#3
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Registered User
Join Date: Jul 2004
Location: medfa,mass
Posts: 976
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i remember when i bought my car, the very first time i filled up was at 1.39 a gallon........that was like one year ago almost to the day ;o
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11-09-2005, 07:08 PM
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#4
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Registered User
Join Date: Sep 2001
Location: Whitman,Ma.
Posts: 4,263
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Damn..I feel old..I remember paying 32 cents a gallon..I'm only 49 or is it 50?? 
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I'm going where I'm going...
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11-09-2005, 07:28 PM
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#5
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WTF
Join Date: May 2004
Location: wareham
Posts: 1,367
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2.12, valero in buzzards bay
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 diamondbanger
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11-09-2005, 07:34 PM
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#6
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Registered User
Join Date: Nov 2003
Location: On my boat
Posts: 9,703
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Quote:
Originally Posted by Squid kids Dad
Damn..I feel old..I remember paying 32 cents a gallon..I'm only 49 or is it 50?? 
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I'm allmost 42 and I think it was 60 cents when I got my lic,
I guess i'm old also!!!
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LETS GO BRANDON
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11-09-2005, 07:39 PM
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#7
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,709
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its bush's... oh never mind.
i believe it droped so quickly because the refineries were down which made a large surplus of oil. now the refineries are back up and pumping out product. They'll go up again 
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11-09-2005, 07:44 PM
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#8
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,480
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It probably dropped so quickly for a few reasons.
1) Speculation that the hurricanes would do tremendous damage to the refinery and distribution infrastructure caused it to spike, but damage was less than expected.
2) The oil industry realized it had a massive PR problem and worked prices down quickly so as to avert political disaster.
-spence
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11-14-2005, 09:18 PM
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#9
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Registered User
Join Date: Nov 2004
Location: its an easy guess
Posts: 197
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Quote:
Originally Posted by Squid kids Dad
Damn..I feel old..I remember paying 32 cents a gallon..I'm only 49 or is it 50?? 
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I hear you, Im 48 and while I dont remember the cheapest I ever paid way back when I do remember gas at below 50 cents a gallon.
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