Oil has already dropped below $79 a barrel.
(www.marketwatch.com)
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Yep, but I still has to pay $3.75/gal yesterday for 87 octane. Im grouping right now but in a month or two hopefully it will be below $3/gal.
3.45 in my area and dropping
3.75 is a deal still 4.49 here, 4.19 in some places
4.04 here. Dumb question I am hoping someone can answer. With oil prices dropping why has gas not started to follow that trend. I'm thinking and Im probably wrong but, the refiners and any company in fuel industry are just straight up ripping the American people off off to keep giving Trump a bad look?
Gas prices don't drop the instant oil prices drop because it takes time to refine and produce the lower priced oil into gasoline, and then it takes even more time to deliver all of that less expensive gasoline to the pumps. Be patient.
It is about 2 weeks for cheaper oil to hit the refinery and then get to the gas station. Add a little time for the oil to arrive at the refinery. Not exactly how it works, but easier to understand.
Ouch. Yea, I got five gallons for my lawn mowers today and it cost $16. I asked the guy filling up his Silverado how much he took out for a gasoline loan to fill it up. Kek.
$5.76 in the northwest... and that's lower than it has been
I can guarantee you one thing: Prices go up quickly, but downward?
The price at the pump would rise anytime the dollar went a bit higher. But when the dollar went lower ... no price decrease and .... most importantly, no MSN who ever though bad about it.
annnnnd the states are piling on taxes
What I don't understand is prices can go up with the tanks full at the pump. Is the gas in thier tanks bought at a fixed price or do they pay for it when sold? Because it sure can go up with the same gas in the ground at the pump. However it never seems to go down when barrel prices drop. So it seems it should go down at the same rate as it rises. Driving diesel truck hurts in and around the left hip pocket area. Central PA, diesel is average $6.00 a gallon. Diesel, less refined than gasoline, yet people who need diesel take it up the kiester.
That's because the vendors are profit taking and charging as high as possible until competition forces them to drop prices. However when oil prices go up they charge the higher rate in reverse. They milk the public as long as they can until it becomes too obvious so they adjust the prices just in time so as not to piss off the gasoline consumers. They know exactly how to and when to manipulate the prices.
I believe we're on track for cheaper gas in time for Americas 250th.
5.06 in central Nebraska for 91 yesterday.
Prices better fall in a hurry or it will be an issue.
Never forget. Gas prices go up within a minute of bad news, but take a week to go down with good news.
6.09 for Prem at 7-11 "cash price" in CA. (Date: 6/15/26)
Ouch. But I really thought I Cali it was more towards 8 bucks.