How low can it go? (pic included)

I live in Florida and just got gas for $2.59 per gallon. This is awesome :)
 
Doesnt go low in my country. When it should, they just rape us with higher taxes on gasoline lol.

P.s. no, i dont live in North Korea.
 
Lol do you know how many times I've said that lol. As it was slowly rising towards 50 pence a litre, "people will rebel against it if it gets to 50 p they will just stop buying it" lol

And I said it when it went to $2 a gallon. And then again at $3.
 
Has anyone tried this site or know anything about it? I first heard about it like 8 years ago. It seems need but also seems like a scam.

http://www.mygallons.com/
 
$2.15 per Gallon filled full tank for 34$ unlike few months back was 60$

same time in Russia dollar rising is cost epicly fast and high from 25 rubble per $1 when in 2 months 60 rubble per $1
since usa sells gas cheap Russia must as well so is whole growing economy around gas when down by double then few months back
I think ww3 coming or worst ^^
 
$2.15 per Gallon filled full tank for 34$ unlike few months back was 60$

same time in Russia dollar rising is cost epicly fast and high from 25 rubble per $1 when in 2 months 60 rubble per $1
since usa sells gas cheap Russia must as well so is whole growing economy around gas when down by double then few months back
I think ww3 coming or worst ^^

Why would ww3 come? There are too many nukes assuring MAD to prevent it from occuring.
 
Listen....gas is dropping because the SAUDI'S ARE DROPPING oil. They are doing this because they are trying to FORCE the production of Oil in the US AND MEXICO to become MORE EXPENSIVE than it cost to import oil. As long HIGH production AND FRACKING are continued, we MAY see cheaper Gas next year....BARRING any Hugh War. War increases the price of oil BIG TIME. Inflation and speculators (DON'T FORGET the speculators ALSO set prices) have a HUGH affect on Gas Prices.

Oil is also in competition against OTHER sources of power for autos. The battery will continue to be improved and if ELON MUSK has his way, cars will run on SOLAR powered batteries in the NEXT 5 yrs.

LOOK for WAR to set the new price in Gas. War is about making Money. The MIC loves cheap oil. LOOK for more WAR in the middle east as the Arabs are going to go NUTS about the price drops. They will blame everyone (the jews, the americans, the russians, etc). The MIC will enter the picture and Another Middle Eastern war will take place. Its guaranteed (i'm willing to bet).

REMEMBER TOO that the Oil companies have BOUGHT UP all the SHALE deposits (i'm talking 10's of billions) in NE america. This means that Big Oil doesn't want that resource to be Mined. They Own it now...and its on lock down. That means that heating Oil for ppl who freeze in the NE WILL continue to be expensive.

Big Oil is probably the MOST POWERFUL Oligopoly in the World...and they are in Bed with the MIC. They both Love War. When war breaks out, BIG OIL makes more money.

Its a sick planet we live on....(i hate to say).




.
 
Big Oil is probably the MOST POWERFUL Oligopoly in the World...and they are in Bed with the MIC. They both Love War. When war breaks out, BIG OIL makes more money.

Undoubtedly so, however I think it's unfair to put them in bed with war. They make big money regardless, but war just fuels an excuse.
 
[Meanwhile, in the eye of a hurricane...]

Hey, look, it's sunny! Wow! Glad that's over, what a crazy storm!

[...when suddenly...]
BWOOOOOOOSH
 
Here in Brazil the prices just keep on rising ... i think now it's 1.23$ where a month ago it was 1.08$
I think that the huge corruption scandal of the Brazilian Petrobras has something to do with it ... somebody has to be pay the bill! http://money.cnn.com/quote/quote.html?symb=PBR
 
The U.S. senate is now putting the Keystone XL as one of its top priorities for 2015, so if it gets approved it could have an impact on global gas(petrol) prices.
 
OPEC is scared shitless that the US will be self sufficient in 10 years. The demand has fallen in the past year for oil due to the natural gas (marcellus shale) in PA and NY, who have an abundance of it. NY has not even started to FRACK. PA is FRACKING at only about 10%. OPEC is actually increasing its production of oil to limit the incentives and motivation for the US to create Natural Gas consumption elements. OPEC goals are that they will lose in the short run but they will prosper in the future. Once we become self sufficient of oil, we take the power back. Its unbelievable that farmers in PA are making 1,000,000 a month or more in gas royalties.
 
For a short time, Oil went down below $50/barrel for first time in nearly 6 years.

http://www.cnbc.com/id/102308102

In the U.S. the national average gas price has fallen $.36/gallon since the 15th of dec when I last posted about the prices, and $.81/gallon in total since thread was created.

So if the U.S. producers budge first and start shutting down shale production does it take a long time to start up again compared to starting up a traditional oil source?
 
Last edited:
Does this mean Tesla prices will drop too? Need me a Tesla Model S :D
 
Does this mean Tesla prices will drop too? Need me a Tesla Model S :D

IDK for other countries, but in many parts of the U.S. its actually more expensive to operate one as of OCT 2014 compared to OCT 2013. The rest of 2014 data will come out in a few weeks.

http://www.eia.gov/electricity/monthly/epm_table_grapher.cfm?t=epmt_5_6_a
 
It's time to buy the energy penny stocks. Since the price of gas is not stable right now.
 
Back
Top