A Barrel of Crude Oil Is Below $55.00 Again

[Jeff '79]

Its fixing to go south of $40 a barrel today!
How exciting!!!

[Chuck A]

the lower the better, drive 100 miles daily

[04 commemorative]

$1.83 yesterday here

[MrPeabody]

I know exactly why the price of oil and gas are dropping.

It's because I just bought a damn Nissan econo-box.


Seriously, I like the Sentra, and 37 mpg is nice no matter what the price of gas is.

[Jeff '79]

Originally Posted by MrPeabody

I know exactly why the price of oil and gas are dropping.

It's because I just bought a damn Nissan econo-box.


Seriously, I like the Sentra, and 37 mpg is nice no matter what the price of gas is.

Must be nice to only have to fill up 12 times a year.

[DJ_Critterus]

Originally Posted by Jeff '79

Its fixing to go south of $40 a barrel today!
How exciting!!!

Which means absolutely nothing for gas prices as far as decreasing in this area.

[MrPeabody]

Originally Posted by Jeff '79

Must be nice to only have to fill up 12 times a year.

Actually the damn thing only has a 12 gallon tank, not really any more range than bigger cars that get less gas mileage. Fill-ups in the range of $20-25 though. With a 16 gallon tank it would have a 500+ mile range.

[Jeff '79]

Originally Posted by DJ_Critterus

Which means absolutely nothing for gas prices as far as decreasing in this area.

Go back to the beginning of the thread and listen to how stupid you sound.
Post #5, #6, & #11 are classics, back in July
And it continues.

[onedef92]

Originally Posted by Chuck A

the lower the better, drive 100 miles daily

I average around 88 myself.

[Lakota]

The Highway Trust Fund to maintain roads/bridges is at an inadequate level. It needs refunding.

The lackluster people in Congress lack the guts to do it. What a better time than now. Too bad we have a do nothing Congress

It's done by raising the excise tax on each gallon of gas. Unpopular BUT necessary.

[Jeff '79]

Originally Posted by Lakota

The Highway Trust Fund to maintain roads/bridges is at an inadequate level. It needs refunding.

The lackluster people in Congress lack the guts to do it. What a better time than now. Too bad we have a do nothing Congress

It's done by raising the excise tax on each gallon of gas. Unpopular BUT necessary.

More money for them to divert and squander?
I dunno man... They can't be trusted with the cookie jar that they're holding, as it is.

[Chuck A]

Originally Posted by onedef92

I average around 88 myself.

yes especially when the price was almost 5 A gal i was really scared because i was worried is it worth taking the car or train, but the train was more pricier
very happy price is low indeed

[Lakota]

Originally Posted by Jeff '79

More money for them to divert and squander?
I dunno man... They can't be trusted with the cookie jar that they're holding, as it is.

The case to Raise the Gas Tax to Fix America’s Roads is in the below link but here's a taste

"The federal excise tax of 18.4 cents per gallon on gas and 24.4 cents on diesel has not been increased since 1993. That has severely shortchanged the Highway Trust Fund, which is expected to run out of money in May if Congress does not transfer more into it or raise fuel taxes. If the federal tax on gasoline had simply kept up with inflation, it would be 30 cents today."

link: http://www.nytimes.com/2015/01/11/op...cas-roads.html

In 1993 NYS raised the gas tax a nickle before the Federal Government did. NYS said it's to fix the bridges. I did a quick search months ago and they used about 50% collected to fix bridges and the rest put in the "general fund".

[Jeff '79]

Originally Posted by Lakota

The case to Raise the Gas Tax to Fix America’s Roads

In 1993 NYS raised the gas tax a nickle before the Federal Government did. NYS said it's to fix the bridges. I did a quick search months ago and they used about 50% collected to fix bridges and the rest put in the "general fund".

I live in NYS, ergo, my heavy skepticism toward giving the blood suckers any more of my money.
NYS has the highest taxes in the US already.

[carlton_fritz]

No way gas goes below $2/gallon here. Any time it gets close, they jump it up by at least 30 cents.

[CertInsaneC5]

Originally Posted by carlton_fritz

No way gas goes below $2/gallon here. Any time it gets close, they jump it up by at least 30 cents.

$1.94 per gallon here in Fort Wayne today. About two hours north of you. You guys normally have cheaper gas than we do.

[1911fool]

The lower gas prices are nice, but the downside is that many friends and family have lost their jobs because of it. There is no "relief" in sight for us. Looking like demand will be down through '16. I do wish that the refineries would buy more WTI than Brent. WTI is usually $3.+/- less than Brent.

[09SilverC6]

gas here in Denver is around $1.85 but what is up with diesel it keeps going up in price around $2.50 here WTF!!!

[Jeff '79]

$39.95 a bbl !

We cracked the $40 mark. I never thought I'd see the day.

[Craig]

The oil price has helped to tank my TRP buy options.