Coming Gas Price Drop

[WHITT]

So my 'canary in the coal mine' indicator showing a 35 cent/gal drop in prices, with more to come.

[3Hotdogs]

1. Fuck me.....

I just went out and bought a hybrid.

[Sherman A1]

6. I'm planning on a hybrid next year to replace my

98 Ford Ranger and my 08 Toyota Yaris. The new Ford Maverick truck is looking good to me. I will wait on the reviews for awhile after it’s released to make my final decision.

[Itchinjim]

19. I'm not sure if Id buy any vehicle with the words "Ford" and "Maverick" in its name

It gives me some bad seventies flashbacks...

[Sherman A1]

20. I remember them in the 70s as well

But one think Ford does know how to do is build a truck.

[onenote]

3. When?

[WHITT]

7. Friday & Saturday

In the particular situation I'm referencing, it dropped 35 cents/gal.

As everyone knows, if an oil tanker hits a seal in the middle of the ocean, the gas stations are rushing to raise prices, and they are reluctant to lower prices when the price of crude falls, and even then very slowly, but price competition is spreading.

Now you might see some trying to bump prices mid-week to capture holiday travelers, but the trend will be down.

[BeerBarrelPolka]

8. Are

Are you saying this coming Friday and Saturday after Thanksgiving?

[BeerBarrelPolka]

11. Not

Not by me.

[WHITT]

14. The Further Away You Are

from a major terminal, the longer it will take, but at some point it's like dominoes.

[BeerBarrelPolka]

17. OK

I sure hope so.

[WHITT]

13. No

Yesterday & Friday. I first noticed it at a major terminal, and then stations close to that area.

[onenote]

16. There may be localized instances of such price drops

But both AAA and Gas Buddy are reporting that on a nationwide basis, prices have leveled off, but not dropped by anything near those amounts -- yet. Hopefully, we'll see the predicted drop in the next few weeks (although one can never predict how OPEC will behave).

https://gasprices.aaa.com
https://www.gasbuddy.com/charts

[70sEraVet]

4. Good news for those struggling to afford travelling to work.

Good news for our Prez and Vice Prez, too.

[KentuckyWoman]

5. Well gee. Thanks a lot Joe Biden.

For the record, my achy back has cleared up too and I'm pretty sure that's Biden's fault as well.

Problem is I can't prove it because he didn't take a photo op at my house.

[doc03]

9. Gas Buddy said it was going to drop 15 to 18

cents a couple days ago.

[marie999]

12. Sam's Club Jacksonville NC prices have dropped from $3.22 to $2.94 in last 2 weeks.

With their credit card, it is $2.80.

[WHITT]

15. That's A Different Pipeline

than the one I follow.

On edit:

That pipeline is much closer to the gulf depots, and also Sam's obviously subsidizes their gas prices.

[roamer65]

18. ...and a possible rift in the Sino-Russian alliance.

Putin has to be livid if Xi releases oil reserves.

[maxsolomon]

21. Immediately following a GQP takeover of Congress?

Or will there be a "false comfort" drop, then a summer spike to make the dipshits blame Biden?