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Off Topic Off Topic - General non-Corvette related discussion. |
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04-18-2020, 12:35am | #1 | |||||||
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Gasoline Is Selling for 12 Cents a Gallon
and Nobody Wants It
https://www.yahoo.com/finance/news/g...100000541.html Quote:
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04-18-2020, 2:14am | #2 | ||||||
A Real Barner
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Here in L-A, gas is below $3/gal. My last fill up at Costco was 2.659 for Premium.
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04-18-2020, 8:04am | #3 | ||||||
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Seems like there might be a good opportunity for arbitrage for jobbers, independent fuel haulers. They could go buy the $ .12/gal gas and truck it anywhere where gas is normal price, although I just filled up with regular for $ 1.49, so I don't know if, after the shipping it would actually be worth it. I guess it depends on how close you can go to sell fuel for a more normal (for the current market) price.
This also highlights the need for a robust pipeline transmission line system, so product can move about the country as needed. |
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04-18-2020, 11:31am | #4 | ||||||
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04-18-2020, 12:30pm | #5 | ||||||
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I paid $1.55 the other day here in NW GA
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04-18-2020, 12:38pm | #6 | ||||||
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$1.69 in Montucky
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04-18-2020, 2:06pm | #7 | ||||||
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1.19 at one station near me
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04-18-2020, 2:20pm | #8 |
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$2.07 for diesel here in Jax.
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04-18-2020, 4:31pm | #9 | ||||||
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Filled up for $1.39 at Costco this week.
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04-18-2020, 5:18pm | #10 | ||||||
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About $2 per gallon here, still very cheap comparatively. It is time to turn over the gas for my generator. I am thinking of filling an extra can or two just to take advantage of the price.
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04-18-2020, 7:18pm | #11 | ||||||
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$1.61 for regular is the lowest I have seen locally.
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04-18-2020, 7:52pm | #12 | ||||||
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04-18-2020, 8:42pm | #13 | ||||||
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04-18-2020, 10:04pm | #14 | ||||||
10cm member
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Pro-tip: It's not the oil companies making bank, it's all the regulations that make it difficult to do business in CA that jack the price up, always in that state.
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04-18-2020, 10:54pm | #15 | ||||||
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I don't do gas, I do fuel (diesel) and I'm topped off. I don't care what it cost, I'm getting to where I'm going
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04-18-2020, 11:37pm | #16 | ||||||
Due to inflation they are no longer free
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