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Thread: Gas prices!

  1. #41
    Formerly Lefty Elmo Steve Craw's Avatar
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    Re: Gas prices!

    Still $2.15 a gallon in upstate NY.

  2. #42
    Les Paul Forum Member sean121's Avatar
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    Re: Gas prices!

    Crude oil prices went in negative value few days back. How is that even possible. LOL

  3. #43
    Les Paul Forum Member renderit's Avatar
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    Re: Gas prices!

    Quote Originally Posted by sean121 View Post
    Crude oil prices went in negative value few days back. How is that even possible. LOL
    Futures. Not really the price per barrel. People unloading future shares.


  4. #44
    Les Paul Forum Member 57Strat777's Avatar
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    Re: Gas prices!

    Quote Originally Posted by sean121 View Post
    Crude oil prices went in negative value few days back. How is that even possible. LOL

    There is such a glut of oil right now there is no storage left to store the oil for May futures, so oil future investors apparently think it is cheaper to pay someone to take a barrel of oil than it is to deal with finding a place to store it.

  5. #45
    Les Paul Forum Member
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    Re: Gas prices!

    Quote Originally Posted by 57Strat777 View Post
    There is such a glut of oil right now there is no storage left to store the oil for May futures, so oil future investors apparently think it is cheaper to pay someone to take a barrel of oil than it is to deal with finding a place to store it.
    I was Told That the Barrels that hold the oil are now worth more than the oil itself Fuel should be below a dollar
    There still making a lot of Dough
    we are at 1.79 a gallon regular unleaded and 24.00 Dollars for a 100 ounces Of 105 Proof Leaded Racing fuel

  6. #46
    Les Paul Forum Member J.D.'s Avatar
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    Re: Gas prices!

    The oil is cheap, it's just pumped out of the ground. Refining it into gasoline, additives, transporting it, storing it, retailer profit, and (especially) government taxes is where all the money is.

  7. #47
    Les Paul Forum Member sean121's Avatar
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    Re: Gas prices!

    Quote Originally Posted by 57Strat777 View Post
    There is such a glut of oil right now there is no storage left to store the oil for May futures, so oil future investors apparently think it is cheaper to pay someone to take a barrel of oil than it is to deal with finding a place to store it.
    Yeah, that makes sense.

  8. #48
    Les Paul Forum Member deytookerjaabs's Avatar
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    Nov 2016
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    Re: Gas prices!

    Quote Originally Posted by J.D. View Post
    The oil is cheap, it's just pumped out of the ground. Refining it into gasoline, additives, transporting it, storing it, retailer profit, and (especially) government taxes is where all the money is.


    It's cheap now, but in order to use tar sands or fracking the stuff has to sell at minimum $35-$50 a barrel to make it worth digging up. Yeah, it is cheap out of the well, black gold and all.



    Speaking of Oil & Cheap Gas this would be a sweet time to road trip a 10mpg guzzling hot rod. I once met an oil tycoon when I worked at a gas station in Walnut Creek Ca. He parked some crazy rare foreign luxury car from the depression era in our station as he told me it had never seen a drop of rain. On that 1/100 day it was raining so when he asked me I said pull it in. I've never seen an unrestored car that old, that clean. I wish I could remember what it was. The older fella who owned it had a Texas accent so thick it took me a few seconds to decipher every word out of his mouth.

  9. #49
    Les Paul Forum Member renderit's Avatar
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    Re: Gas prices!

    Quote Originally Posted by deytookerjaabs View Post
    It's cheap now, but in order to use tar sands or fracking the stuff has to sell at minimum $35-$50 a barrel to make it worth digging up. Yeah, it is cheap out of the well, black gold and all.



    Speaking of Oil & Cheap Gas this would be a sweet time to road trip a 10mpg guzzling hot rod. I once met an oil tycoon when I worked at a gas station in Walnut Creek Ca. He parked some crazy rare foreign luxury car from the depression era in our station as he told me it had never seen a drop of rain. On that 1/100 day it was raining so when he asked me I said pull it in. I've never seen an unrestored car that old, that clean. I wish I could remember what it was. The older fella who owned it had a Texas accent so thick it took me a few seconds to decipher every word out of his mouth.
    I been livin' here for the last 24 years and I still cayant understands 'em.


  10. #50
    Les Paul Forum Member wmachine's Avatar
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    Ohio
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    Re: Gas prices!

    Been here the last couple weeks now.

    "I am the kind of guy that only buys 100 watt heads just to play at home. I feel like if an amp can't kill a heard of cattle 100 yards away what is the point of owning it."

  11. #51
    Les Paul Forum Member ScumbackSpeakers's Avatar
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    Dec 2016
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    Re: Gas prices!

    So Cal update...Costco $2.49 per gallon for 91 octane premium, $2.29 per gallon for 87 unleaded regular as of yesterday. I read that Wisconsin has the lowest priced gas in the country, under $1 for 87 octane.

    Last time I checked there weren't any gas/oil refineries near Wisconsin, buy they're 20 miles down the freeway near Torrance and San Pedro. So you know the taxes are the reason for the pricing in So Cal.

  12. #52
    Les Paul Forum Member GuitarMikey's Avatar
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    Mar 2013
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    Charlotte, North Carolina
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    897

    Re: Gas prices!

    $1.69 on the edge of North and South Carolina.
    Should be cheaper IMO
    GuitarMikey

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