kmb1966
Houston
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Joined: 09/18/2005
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BroncoRVer wrote:Wonder where all the "Sky is falling" posters are?
Right here! This is a temporary drop in price. Sometimes I think it is just so we won't be so peeved when profit reports come out this week for the 2nd Qtr. 
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kmb1966
Houston
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Joined: 09/18/2005
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fireman148 wrote:Terryallan wrote:bishopdave wrote:Ok, crude oil was all time high of $146.00. Today closes around $125.00. That is a drop of nearly 15%. How many of you have seen a drop of 15% yet? That would take the $4 per gallon down to $3.40. Any of you seen a drop of 60 cents yet? Nope, I didn't think so. However, three weeks ago oil went from $140 to $146 (4%), and our local prices jumped from $3.81 to $3.97 (4%). I don't see why it takes so long for it to drop when oil drops! Happens every time....
Here. when oil was at $146.00 a barrel. We got it for 3.89. Now that oil is around $125.00. the same station is selling it for 3.93?????? What's up with that??? 
The market is a delayed mechanism. The market price for oil today is for next month.
But only in one direction. When oil goes up today, the little man with a ladder goes out and changes the price on the sign the NEXT DAY!
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D_Thadd
Orange County, CA
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Joined: 06/12/2007
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Gas here was pushing $5.00 a gallon not too long ago. It’s getting down closer to $4.00 now. I’d sure like to see it in the $2 to $3 range again. That will certainly increase the distances of my destinations.
Dana & Family + a doxie
36' 2000 Damon Intruder
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SpinRite
Research Triangle, NC
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Joined: 07/17/2006
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Gas Buddy's 2-year price graph:
http://www.gasbuddy.com/gb_retail_price_chart.aspx?time=24
'94 Holiday Rambler Navigator
38', Cummins 8.3 300hp, Allison 3060
pushed by a 2005 Honda Element
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rmmpe
Milford, PA
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Joined: 06/22/2007
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My theory:
Prices go up immediately because the seller starts charging in relationship to the replacement cost. Prices go down later because the seller keeps his price in relationship to what he paid.
Folks, the problem is not always completely the fault of the refineries. If you look really hard at the pricing structures, the refineries generally make between 9 and 12% profit. Our "Gubment" adds more that in taxes.
Roads Scholar
Carry on, regardless
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BWhite
Metrowest,Ma
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Joined: 06/30/2004
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rmmpe wrote:My theory:
Prices go up immediately because the seller starts charging in relationship to the replacement cost. Prices go down later because the seller keeps his price in relationship to what he paid.
I agree but they will wait as long as possible before they lower the price to the cost of the new product in the ground. Especially if there is no competition !
Bill and Patti
Gizmo a Black face Tri-color Pembroke Welsh Corgi
Laci a Red and White PWC
06 Fleetwood Revolution LE 40E
05 Hyundai Elantra Toad
Member, Revolution Owners Group,FMCA,CAT RV Engine Owners Club
www.revolutionmotorhome@yahoogroups.com
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bullydogs1
New Jersey
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Joined: 06/26/2006
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Prices in NJ this morning...no change.....HMMMMMM..
Stuart and Stella Denning
2006 Coachmen Aurora (workhorse chassis with Konis)
the 4 Bulldogs (Summer, Sully, Sierra and Great-Grandma Demi)
2007 Saturn VUE AWD (Our Toad)
One worn out Debit Card
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Works2RV
Summerville, SC, USA
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Joined: 04/07/2004
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Nvr2old2go wrote:The consumer has done so well in cutting back its usage of fuel that the Highway trust fund is behind the expected funding level, so yesterday the Democrats in congress started the effort to raise the federal gas and diesel tax by $.10 a gallon! That would raise the Fed. tax on gas to $.28.4 and diesel to $.34.4 a gallon.
Of course - we ( consumers ) reduce demand ( what we've been beat up to do ) so tax revenues go down ( reaction is to raise taxes - as always ) - profits go down ( reaction is to raise prices - as always ) - anyone recognize which end of the stick we are on??? 
My problem is alternative solutions have been out there but no delivery, development or distribution efforts have ever been made - yet we are the bad guys for so much reliance on fossil fuels - give me an option, I'll use it!! - no fingers pointing back to big oil or big Gov. Given time, I believe the past 4 years and what has gone on are going to make the '20's Teapot Dome incident look like a child's birthday party.
My rant for today!
1987 36' Beaver Marquis High Tech Wide body
3208T CAT, MT643 Allison in a Gillig MHA
Koni's & Toyo all around
FMCA, Good Sam
Jetta TDI
Marsha & Buck
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frankandvicki
Niwot,CO
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Joined: 05/31/2007
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BroncoRVer wrote:Never got above $3.89 here!
Where are you in CO. I have paid 4.11 as a high -- yesterday - 4.03 same station. I need to find your station.
Frank O.
Frank and Vicki
Niwot, CO
2006 Itasca Sunrise 35A
States visited/camped in, not just driven through.
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cdzranch
Snowflake Az
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Joined: 03/28/2008
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$3.87 is the cheapest here for gas. How about propane? $2.99-$3.14/gal here.
Dan and Cindy FMCA# 402249
2002 Itaska Suncruiser 37ft (1) slide W22 Workhorse chassis; 1990 Komfort Trendsetter 25ft 454 4bbl carb
Tow VW manx bug; '07 Honda Shadow 750
Snowflake Az.
"If you don't learn something new every day, you've wasted that day!"
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