There has always been an oil monopoly (cartel).

That large BP pipleline that needed to be replaced may have started all of this.
WA releases, Iran, Katrina, Iraq, Ethanol, Hybrids, Venezuela, the U.S. & European economies & many other factors have parts to play.

The simple fact that it has gone down over a buck this fast tells everyone we got scammed & screwed.

IMHO I think the Saudis are easing western concerns about Iran as they also do not want a nuclear Iran.
Iran has large oil production and any threats or acts of war against thier soveriegn soils would cause a disaster in prices.
Because our markets are all under supercomputer calculations and protections, I believe that current manipulated prices are meant to squeeze the smaller producers & Iran. Thier threats to stop selling oil to the West made enemies.

What we have here is a large powerplay amongst the oil co's, powerful people and the rich.
Aramco, Exxon and others will eventually place prices where they want them.
Forget about wars, the debt, the dead & enjoy these prices while they last-

OUT>

I paid $1.999 on a road trip in the SE this weekend and got back home to see a number of stations at $2.049.

$1.999 here in Tulsa as of Sunday.

$1.94 on the way to work this morning.

I've seen it down around $1.86 (right down the street from one of the local tank farms.)
It's been as low as $1.96, close to home. It took a little bump last week, but it's back down to $1.99 or less, again.

Prices broke under $2 for regular here monday. Several stations now under $2.

post what you're all paying on 11/8

Let them eat cake.

[This message has been edited by 88GTNeverfinished (edited 10-18-2006).]

quote Originally posted by 88GTNeverfinished: post what you're all paying on 11/8 Let them eat cake.

? What's the significance of 11/8?

quote Originally posted by ryan.hess: ? What's the significance of 11/8?

The day after the election.

Unless there's a major hurricane, or war in the Middle East between now and 11/8, there won't be a significant increase in the price of crude oil, therefore, should be no major jump in gas prices. These conspiracy theories that politicians have any direct control over gas prices just make me laugh.

As for gas prices below $2. You'll generally find the lowest prices, from what I've found, in South Carolina and Missouri. They seem to have the lowest gas taxes, which contributes to their low prices.

Was down to $1.979 here last week but now its back up to $2.039.

It was down to about $2.06 here, but was $2.17 last night.

Yep, prices jumped about 11 cents here, just about overnight. Disappointment.

They've been hovering from just below to just above $2, here, for several weeks. Works for me.

quote Originally posted by OKflyboy: Was down to $1.979 here last week but now its back up to $2.039.

Oddly it only seems to have stayed @ $2.039 for 1 or 2 days (went up the day I needed gas... figures). Was $1.979 Friday morning @ all the stations on my way to work. I had enough to get to work but not enough to get home. It ws $2.039 at the same stations on my way home. Filled up. Didn't go out Saturday, so I'm not sure when it chaged again but now its back down to $1.979 at all the same stations...

[This message has been edited by OKflyboy (edited 10-29-2006).]

I filled up ar Sam's Club at $2.089 last week. Most of the stations in the area have it for $2.139-$2.159 for regular. Why do they charge the added 0.9 cents/gallon for gas? I mean I don't pay $2.999 for a gallon of milk.

Gap, PA. $2.01 early last week and by weeks end was $2.05

Citgo / WAWA / Hess stations

This is in Amish country not far from that school shoot-out.