Consumers loving that gasoline dropped 50 cents per gallon

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Tuesday, November 18, 2008 7:07:27 PM

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GasBuddy News Article

Consumers loving that gasoline dropped 50 cents per gallon Monday, October 06, 2008
Everything Michigan -- Rob Groll stopped at the Sunoco early today so his wife could pick up a few items at its Express Stop Food Store. "She said while you're here you might as well fill up, the price is so good," said the 40-year-old Saginaw Township landscaper of the station at 4480 State in Saginaw Township. "Any time you pay less it's nice. Oil is down to about $90 a barrel." Gasoline prices have fallen nearly 50 cents per gallon in the past two weeks. On Tuesday, AAA Michigan reported that gasoline in the Saginaw/Bay City area averaged $3.968. That's still 45 cents more than last year's $2.86 average for the week.
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	Monday, October 06, 2008 Everything Michigan -- Rob Groll stopped at the Sunoco early today so his wife could pick up a few items at its Express Stop Food Store. "She said while you're here you might as well fill up, the price is so good," said the 40-year-old Saginaw Township landscaper of the station at 4480 State in Saginaw Township. "Any time you pay less it's nice. Oil is down to about $90 a barrel." Gasoline prices have fallen nearly 50 cents per gallon in the past two weeks. On Tuesday, AAA Michigan reported that gasoline in the Saginaw/Bay City area averaged $3.968. That's still 45 cents more than last year's $2.86 average for the week. Visit Everything Michigan for full article

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TKDBlackBelt Champion Author Dayton Posts:1,325 Points:367,785 Joined:Mar 2007	Message Posted: 10/7/2008 9:34:58 AM	Ignore TKDBlackBelt Report Abuse
	$2.99/gal is nice (relatively speaking), bu t I won't be happy until it's UNDER $2.00/gal!
TBRR Veteran Author Jacksonville Posts:302 Points:81,500 Joined:Dec 2007	Message Posted: 10/7/2008 9:05:24 AM	Ignore TBRR Report Abuse
	jacksonville is down to $3.35 a gallon. looks like a gas war has started on one section of town. the high is $.46 higher a gallon. no shortage, no lines, just plenty of gas. also it may help that we have a deep water port with large tank farms.
jb107 Champion Author New Jersey Posts:1,772 Points:1,014,895 Joined:Sep 2005	Message Posted: 10/7/2008 9:04:20 AM	Ignore jb107 Report Abuse
	50 cents is fine but how about another dollar before we start to cheer.
Gerund1 Champion Author Toronto Posts:1,147 Points:828,105 Joined:Apr 2003	Message Posted: 10/7/2008 9:00:30 AM	Ignore Gerund1 Report Abuse
	It's interesting BMWer, in Toronto we are at $1.05 and Alberta is where a great deal of oil is. But you are right, $1.01 is a much better price.
mrgots2000 Veteran Author New York Posts:411 Points:44,895 Joined:May 2007	Message Posted: 10/7/2008 8:56:40 AM	Ignore mrgots2000 Report Abuse
	it's still to high for me, im boycotting gasoline, i'm consuming at the lowest i have ever consumed gasoline, driving my car sparingly and using alternative methods of transportation. And having learned that Hess is one of the few companies that does not get their fuel from the middle east, i buy almost exclusively there and never at the citgo which is owned by venezuela(socialist/communist)society who has close relations with Iran, Russia.
BMWer Sophomore Author Calgary Posts:227 Points:432,935 Joined:Dec 2003	Message Posted: 10/7/2008 8:50:46 AM	Ignore BMWer Report Abuse
	We are at $1.13 per litre in Calgary....why is Ottawa at $1.01 when they have higher taxes in the province and Alberta has the oil???
bluebird1 Champion Author Toronto Posts:7,342 Points:1,496,675 Joined:May 2004	Message Posted: 10/7/2008 8:50:23 AM	Ignore bluebird1 Report Abuse
	It's only started dropping here the last few days...nice drop of 4.5 cents/L this morning - unfortunately still $4.78 / gal Cdn though.
seifm Rookie Author Michigan Posts:29 Points:22,010 Joined:Jul 2008	Message Posted: 10/7/2008 8:49:52 AM	Ignore seifm Report Abuse
	Now I can trade in my Prius for a Suburban.
REKEY All-Star Author South Carolina Posts:529 Points:122,405 Joined:May 2008	Message Posted: 10/7/2008 8:49:50 AM	Ignore REKEY Report Abuse
	Not in SC!
krucker All-Star Author Austin Posts:549 Points:419,080 Joined:Aug 2004	Message Posted: 10/7/2008 8:49:29 AM	Ignore krucker Report Abuse
	OVER $3.00/GAL. IS A GOOD PRICE?.................It's AMAZING how fast we become desensitized. I remember.oh........about 2 yrs ago when gas finally broke the $3.00/gal. mark!!...................Wasn't a good price then!!!
sidhall142 Sophomore Author Twin Cities Posts:147 Points:97,825 Joined:Jun 2008	Message Posted: 10/7/2008 8:47:03 AM	Ignore sidhall142 Report Abuse
	Its around $2.98 south burbs in the TwinCities. It still should be $0.50 to $1 less.
YLHandyman Champion Author Orange County Posts:1,367 Points:225,955 Joined:Feb 2008	Message Posted: 10/7/2008 8:46:49 AM	Ignore YLHandyman Report Abuse
	Gas has not dropped 50 cents here in the last two weeks. However, the average price in this area is only about $3.49, and that is with the highest tax per gallon in the U.S.
hblee Veteran Author Ontario Posts:365 Points:244,865 Joined:May 2004	Message Posted: 10/7/2008 8:46:33 AM	Ignore hblee Report Abuse
	$1.01 to $1.02 in Ottawa this morning. Not sure if it'll go lower as the price of oil just went up again.
skippypa Veteran Author Hawaii Posts:269 Points:115,285 Joined:Jun 2008	Message Posted: 10/7/2008 8:44:45 AM	Ignore skippypa Report Abuse
	Prices hasn't dropped that low here. $4.439
Gas_Buzzer Champion Author South Carolina Posts:6,450 Points:1,103,375 Joined:Sep 2005	Message Posted: 10/7/2008 8:43:21 AM	Ignore Gas_Buzzer Report Abuse
	Less than $3.00 per gallon? No way.
TallSteve Veteran Author Dayton Posts:381 Points:98,595 Joined:Nov 2006	Message Posted: 10/7/2008 8:41:51 AM	Ignore TallSteve Report Abuse
	WOO-HOO! I just filled up this morning for $2.99/gallon.
noelblak Sophomore Author Oregon Posts:170 Points:159,355 Joined:Sep 2005	Message Posted: 10/7/2008 8:35:54 AM	Ignore noelblak Report Abuse
	Just enjoy while you can because it won't last
laddyboy62 Champion Author Riverside Posts:1,571 Points:992,385 Joined:Mar 2005	Message Posted: 10/7/2008 8:35:14 AM	Ignore laddyboy62 Report Abuse
	stay on point...still 70 cents more then last year...don't get giddy
twt Champion Author Virginia Beach Posts:6,245 Points:451,440 Joined:Mar 2005	Message Posted: 10/7/2008 8:32:39 AM	Ignore twt Report Abuse
	It's temporary. Enjoy the drop, while it lasts.
NissanGirl Veteran Author Oregon Posts:300 Points:165,100 Joined:Jan 2008	Message Posted: 10/7/2008 8:32:33 AM	Ignore NissanGirl Report Abuse
	$2/gal would be nice. That is the economic stimulus that is needed. Once people aren't getting loans just to pay for fuel, they will have a lot more money to put into the economy.
Dakota4x4 Sophomore Author Oklahoma City Posts:146 Points:686,490 Joined:Apr 2005	Message Posted: 10/7/2008 8:28:34 AM	Ignore Dakota4x4 Report Abuse
	just wait until after the elections... enjoy this while you can...
acknot All-Star Author Seattle Posts:862 Points:640,625 Joined:Sep 2003	Message Posted: 10/7/2008 8:27:11 AM	Ignore acknot Report Abuse
	Duh!
EZExit Veteran Author Phoenix Posts:301 Points:82,125 Joined:Aug 2008	Message Posted: 10/7/2008 8:26:11 AM	Ignore EZExit Report Abuse
	Great example of desensitization of rediculous overinflated pricing. Fuel goes up $1.50/gallon, comes back down 50 cents, and people rejoice!
JoeKR Champion Author New Jersey Posts:1,887 Points:562,315 Joined:Feb 2006	Message Posted: 10/7/2008 8:24:50 AM	Ignore JoeKR Report Abuse
	Now the glass is half-full!
LaCajunDJ Veteran Author Louisiana Posts:374 Points:87,230 Joined:Jul 2008	Message Posted: 10/7/2008 8:24:09 AM	Ignore LaCajunDJ Report Abuse
	LOVE??? HELL!!!! We will Love it when it get back down to $2 or less again!! And I know it can happen...so get after it & DO IT!!!!
ladyjj Champion Author Tennessee Posts:1,437 Points:159,345 Joined:Apr 2008	Message Posted: 10/7/2008 8:23:17 AM	Ignore ladyjj Report Abuse
	Would love to see 2.86 a gallon again that would be so nice! Not holding my breath on it though.
Zygnatz Champion Author British Columbia Posts:4,971 Points:976,155 Joined:Oct 2005	Message Posted: 10/7/2008 8:20:12 AM	Ignore Zygnatz Report Abuse
	Hmm I still don't love paying what I do. It has a long way to go yet.
w4kh Champion Author Riverside Posts:3,650 Points:638,995 Joined:May 2004	Message Posted: 10/7/2008 8:19:34 AM	Ignore w4kh Report Abuse
	The temporary relief to the pocketbook is nice, BUT... it is feeding into our addiction to oil, and that will, in the longer run, take us down, weaken us as a nation, and allow OPEC to manage and control our lives... I am just not ready to give up the United States of America I love, so that we fall under the control of some Middle Eastern group that neither understands us nor likes us... all because of an oil addiction. I am negotiating for the use of a shower so I can ride my bicycle to work (about 18 miles each way) instead of drive...
Mazdaman7Q Champion Author South Carolina Posts:3,726 Points:787,585 Joined:Jun 2006	Message Posted: 10/7/2008 8:16:04 AM	Ignore Mazdaman7Q Report Abuse
	Dropped 50 when its already $1 over priced? I guess its how you look at it.
herbie1NC All-Star Author North Carolina Posts:617 Points:129,760 Joined:Jun 2008	Message Posted: 10/7/2008 8:15:34 AM	Ignore herbie1NC Report Abuse
	Lets see it at the pump in NC
scrounger Champion Author Vancouver Posts:6,261 Points:1,681,645 Joined:Mar 2003	Message Posted: 10/7/2008 8:13:30 AM	Ignore scrounger Report Abuse
	hasn't dropped that much in WA
Mooseman1 Champion Author Manitoba Posts:2,020 Points:307,930 Joined:Jul 2007	Message Posted: 10/7/2008 8:11:27 AM	Ignore Mooseman1 Report Abuse
	When gas gets down to 80 cents per litre I will say things are OK.
ljmatney All-Star Author Wichita Posts:593 Points:109,855 Joined:Jul 2008	Message Posted: 10/7/2008 8:10:14 AM	Ignore ljmatney Report Abuse
	We have made it down to $2.95 in Wichita now
TTI2000 Sophomore Author Colorado Springs Posts:125 Points:173,500 Joined:Aug 2004	Message Posted: 10/7/2008 8:09:41 AM	Ignore TTI2000 Report Abuse
	In Colorado Springs down to $3.27.
seedplanta Rookie Author Los Angeles Posts:2 Points:198,165 Joined:Mar 2003	Message Posted: 10/7/2008 8:09:07 AM	Ignore seedplanta Report Abuse
	That was my thoughts jetfan6. They must be doing that NEW Math or something.
hangupanddrive All-Star Author Michigan Posts:705 Points:915,960 Joined:Aug 2005	Message Posted: 10/7/2008 8:09:01 AM	Ignore hangupanddrive Report Abuse
	Fuel price is only a fraction of todays concern. If the stock market continues to drop, nobody will have ANY 401k monies left to retire on or with and with companies dropping more and more pension programs, good luck. We'll all be living on the streets. This sucks! We might just end up with a government revolt and a revolution yet.
spunky4443 Champion Author Washington Posts:1,146 Points:454,905 Joined:May 2005	Message Posted: 10/7/2008 8:07:03 AM	Ignore spunky4443 Report Abuse
	Diesel should be under $3.00 a Gallon.
Dennis783 Champion Author Wisconsin Posts:5,593 Points:1,120,995 Joined:Sep 2005	Message Posted: 10/7/2008 8:05:16 AM	Ignore Dennis783 Report Abuse
	down 30 cents here
jetsfan6 Champion Author New Jersey Posts:3,282 Points:630,380 Joined:Apr 2004	Message Posted: 10/7/2008 8:04:45 AM	Ignore jetsfan6 Report Abuse
	can someone please tell me how $3.96 per gallon is only 45 cents more per gallon then last year's average of $2.86. It looks like $1.10 to me. didn't anyone proof read this article before posting it.
tbybee Veteran Author Omaha Posts:287 Points:106,650 Joined:Apr 2008	Message Posted: 10/7/2008 8:04:10 AM	Ignore tbybee Report Abuse
	Fell below $3 yesterday!
bug27 Champion Author Kentucky Posts:1,954 Points:1,171,475 Joined:Apr 2005	Message Posted: 10/7/2008 8:03:55 AM	Ignore bug27 Report Abuse
	Gas prices have been decoupled from oil prices for some time now. Reason: Gouging.
Arktander All-Star Author Illinois Posts:599 Points:353,690 Joined:Aug 2005	Message Posted: 10/7/2008 8:03:52 AM	Ignore Arktander Report Abuse
	And why wouldn't we? Except that it's never come down to where it should be considering the oil prices.
HEBster All-Star Author Kentucky Posts:816 Points:769,905 Joined:May 2006	Message Posted: 10/7/2008 8:02:23 AM	Ignore HEBster Report Abuse
	Ours is now 3.49 a gallon!! Could be better still-----
Chazzer Champion Author Nevada Posts:8,076 Points:1,728,710 Joined:May 2002	Message Posted: 10/7/2008 8:01:20 AM	Ignore Chazzer Report Abuse
	May the pump prices keep on a droppin'!
amacquarrie Veteran Author Nevada Posts:323 Points:75,285 Joined:Jun 2008	Message Posted: 10/7/2008 8:00:35 AM	Ignore amacquarrie Report Abuse
	i second that - keep falling
gfpinson Veteran Author Atlanta Posts:305 Points:428,425 Joined:Sep 2003	Message Posted: 10/7/2008 8:00:25 AM	Ignore gfpinson Report Abuse
	Gas is beginning to drop in South Atlanta but is sure isn't down $.50 yet.
fsuford Champion Author Tallahassee Posts:6,553 Points:1,265,485 Joined:Mar 2005	Message Posted: 10/7/2008 7:59:51 AM	Ignore fsuford Report Abuse
	Keep falling!
sexymacho Rookie Author Florida Posts:78 Points:89,910 Joined:Oct 2006	Message Posted: 10/7/2008 7:57:42 AM	Ignore sexymacho Report Abuse
	Will continue to nosedive as stock market slumps.
no1doc All-Star Author Milwaukee Posts:891 Points:164,000 Joined:Oct 2007	Message Posted: 10/7/2008 7:57:17 AM	Ignore no1doc Report Abuse
	With gas prices, we see baby step drops and giant step hikes. Duh
GasaHawg Veteran Author Texas Posts:477 Points:95,555 Joined:Nov 2005	Message Posted: 10/7/2008 7:57:14 AM	Ignore GasaHawg Report Abuse
	Still over priced, still getting the shaft.