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doc03

(39,085 posts)
Mon Jul 8, 2024, 07:20 PM Jul 2024

I have noticed I haven't heard anything about gas going to $5 a gallon this summer.

Even with a hurricane in the gulf the price here has dropped this week $3.24 today. It has gone up every summer
and before a hurricane even reaches the gulf prices have always gone up in the past.

18 replies = new reply since forum marked as read
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I have noticed I haven't heard anything about gas going to $5 a gallon this summer. (Original Post) doc03 Jul 2024 OP
prices in honolulu are down about 30 cents the past month. costco is way down..of course nt msongs Jul 2024 #1
I just traveled from Missouri to South Carolina today liberal N proud Jul 2024 #2
We are at $3.40ish here in Maryland and am thanking my lucky stars. It does suck that $3+ seems to be the new normal. n kelly1mm Jul 2024 #3
If you consider inflation I don't think it is out of line with doc03 Jul 2024 #7
US oil production hit record levels under Pres. Biden. bigtree Jul 2024 #4
Price is still well over $5 a gallon here in beautiful Lake Tahoe. chicoescuela Jul 2024 #5
President Biden just released fuel from the Strategic Reserves to counter price gouging oil companies ... marble falls Jul 2024 #6
That was over 1 year & 8 months ago. MichMan Jul 2024 #9
This is from May ColinC Jul 2024 #11
We consume 9 million barrels of gasoline daily MichMan Jul 2024 #13
Regardless I don't think the oil companies are keeping the price down out of the goodness of their hearts ColinC Jul 2024 #14
It's $3.70 per gallon here MichMan Jul 2024 #15
I'm working off the premise of the OP that gas is cheaper than most summers ColinC Jul 2024 #18
OOOPPPS!... marble falls Jul 2024 #12
Even in California, it's 4.19 in my area. And it held over the holiday. onecaliberal Jul 2024 #8
Plenty of time to jack it up before November. maxsolomon Jul 2024 #10
You don't live n California. republianmushroom Jul 2024 #16
Gas is 30 to 40 cents higher soon as I enter PA but I don't live doc03 Jul 2024 #17

msongs

(73,752 posts)
1. prices in honolulu are down about 30 cents the past month. costco is way down..of course nt
Mon Jul 8, 2024, 07:21 PM
Jul 2024

liberal N proud

(61,194 posts)
2. I just traveled from Missouri to South Carolina today
Mon Jul 8, 2024, 07:24 PM
Jul 2024

Paid $3.09 in Missouri and Georgia.
I stopped in Tennessee because I needed gas, noticed it was $3.49. I knew it was $3.09 in North Georgia on Thursday when I went out. I pumped enough to get me to Georgia.

 

kelly1mm

(5,756 posts)
3. We are at $3.40ish here in Maryland and am thanking my lucky stars. It does suck that $3+ seems to be the new normal. n
Mon Jul 8, 2024, 07:26 PM
Jul 2024

bigtree

(94,261 posts)
4. US oil production hit record levels under Pres. Biden.
Mon Jul 8, 2024, 07:26 PM
Jul 2024

Increased oil production has helped keep gas prices low after they spiked in 2022, even as OPEC countries have slashed supply
https://www.vox.com/climate/24098983/biden-oil-production-climate-fossil-fuel-renewables



MichMan

(17,149 posts)
13. We consume 9 million barrels of gasoline daily
Mon Jul 8, 2024, 07:55 PM
Jul 2024

It's a drop in the bucket.

1 million barrels is enough for about 2 & 1/2 hours of consumption. In one day.

ColinC

(11,098 posts)
14. Regardless I don't think the oil companies are keeping the price down out of the goodness of their hearts
Mon Jul 8, 2024, 07:57 PM
Jul 2024

ColinC

(11,098 posts)
18. I'm working off the premise of the OP that gas is cheaper than most summers
Tue Jul 9, 2024, 12:32 AM
Jul 2024

I don’t buy gas so I hardly know.

doc03

(39,085 posts)
17. Gas is 30 to 40 cents higher soon as I enter PA but I don't live
Mon Jul 8, 2024, 08:12 PM
Jul 2024

there either. It's the tax.

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