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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, 07:34 PM
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#1
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Registered User
Join Date: Nov 2003
Location: On my boat
Posts: 9,703
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Quote:
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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??  |
I'm allmost 42 and I think it was 60 cents when I got my lic,
I guess i'm old also!!! |
LETS GO BRANDON
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11-09-2005, 07:39 PM
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#2
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,694
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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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#3
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,464
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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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11-09-2005, 07:47 PM
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#4
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Registered User
Join Date: Feb 2004
Location: RI
Posts: 5,705
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Quote:
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Originally Posted by spence
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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Wonder which reason?  |
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11-09-2005, 07:47 PM
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#5
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Registered User
Join Date: Sep 2003
Location: Libtardia
Posts: 21,694
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so what your saying is that its the president's fault?? what are you? nutz???
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11-10-2005, 09:40 AM
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#6
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Registered User
Join Date: Jul 2003
Location: South Shore
Posts: 453
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11-10-2005, 09:47 AM
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#7
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Registered User
Join Date: Jun 2002
Location: lakeville, ma
Posts: 413
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people tend to stay home more in the winter so gas goes down and home heating oil goes up.  |
no signature required.
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11-10-2005, 10:00 AM
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#8
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Registered User
Join Date: Oct 2002
Posts: 3,595
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Not to get everyone sick but , Have you seen the price of food at your local supermarket !!!!!! ouch
It took a while to catch up to them but I was told they have gone up 15%
MIN..... beware
vb
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11-10-2005, 10:00 AM
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#9
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Certifiable Intertidal Anguiologist
Join Date: Feb 2000
Location: Somewhere between OOB & west of Watch Hill
Posts: 35,272
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I almost got under $50 for a full tank yesterday at Hess, Airport Rd, Warwick... $2.15 per gallon. My problem is that I fill up every 4-5 days...
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~Fix the Bait~ ~Pogies Forever~
Striped Bass Fishing - All Stripers
Kobayashi Maru Election - there is no way to win.
Apocalypse is Coming:
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11-10-2005, 10:02 AM
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#10
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Registered User
Join Date: Jul 2003
Location: NJ
Posts: 869
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Ronnie, Im 45 I was just thinking I remember about .57cents a gal. Back then a penny or 2 was a big deal.Drove my first station wagon that got about 8 mpg .
Lowest I've see here in nj is $2.14, but there is a stretch on rt 9 south of here that always has the LOWEST prices in nj,and sometimes the east coast by approx 20 cents/gal. There are 2 gas stations on every single block for what seems like a 10 mile stretch. ill have to check there, as someone may very well have broken the $2 barrier already. I reallly think we may see $1.89 again, one can only hope.
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