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Gas prices dropping?

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Old Jul 30, 2008 | 01:18 PM
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Default Gas prices dropping?

Just curious if you guys have noticed gas prices starting to drop yet? I paid $4.03 for premium 93 octane today in South Jersey. That's the lowest I've seen so far.
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Old Jul 30, 2008 | 01:26 PM
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they are here where i live too,,,from what i have heard (hersey) is that our Fed gov stepped in, finally. Bush, who is nothing but oil from $, wasnt quite making the steps needed to help out the situation. I have no idea if theres any truth to that, but it would'nt surprise me any if it was true. form what i understand, we should be back to 3 bux by the end of summer (reg gas)
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Old Jul 30, 2008 | 01:28 PM
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They'll continue to drop, until late fall early winter. Then the prices will rise again. That's my opinion.
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Old Jul 30, 2008 | 01:32 PM
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Oil was under 121 a barrel yesterday, havent checked it today. Gas near my house was 3.79 for reg, 4.03 for Prem. Thats in Taxachusetts too!!
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Old Jul 30, 2008 | 01:47 PM
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They say that demand is down so the oil reserves are higher than expected. That's helping the prices drove. Going from $147. to $122. per barrel is a huge drop in a few weeks.
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Old Jul 30, 2008 | 01:50 PM
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Reg. was 3.79 and 93 oct. was 3.99 the cheapest ive seen it in along time. those prices were at the new irvin on RT.1 in norwood
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Old Jul 30, 2008 | 01:59 PM
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About time. I got gas in Jersey near Englishtown Saturday night for 3.87 for regular, had to pay cash though.

There's a station by my house that if I pay cash it's 3.96, that's pretty cheap for CT.

Read that precious line, 3.96, pretty cheap. That is EXACTLY what the oil companies want us to think, " oh look under 4 bucks a gallon that's great"

Now let's see it get back under 2 bucks a gallon, then we can be happy
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Old Jul 30, 2008 | 02:43 PM
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Lets put it this way when oil was 1XX oer barrel gas prices were 3.XX per gallon on the way up but on the way down the rate of reduction is NOT the same as the rate of increase or the ratio.
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Old Jul 30, 2008 | 03:12 PM
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premium is at 3.89 where i live!!
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Old Jul 30, 2008 | 03:29 PM
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Ultra 93 is $4.15 in Hatboro,Pa. today down from $4.37 about 3 weeks ago...
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Old Jul 30, 2008 | 03:37 PM
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Yes they were dropping...up until today when Crude oil prices jumped almost $5.00/barrel again today LOL.
I too paid only $4.03 per gallon for BP Amoco 93 the other day and I was actually happy about it LOL.
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Old Jul 30, 2008 | 03:39 PM
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Originally Posted by BoostedLT5
Oil was under 121 a barrel yesterday, havent checked it today.
$126.74 today
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Old Jul 30, 2008 | 09:49 PM
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Originally Posted by LS1LT1
$126.74 today
Wow, it comes down a tiny bit then explodes back up in price.
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Old Jul 30, 2008 | 09:52 PM
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yeah i've been following the crude oil commodity chart these past couple of days and when i checked earlier today it had jumped up by over $4...its been dropping the past few weeks and it will most likely drop a little more.
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Old Jul 30, 2008 | 09:52 PM
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Originally Posted by campia
Reg. was 3.79 and 93 oct. was 3.99 the cheapest ive seen it in along time. those prices were at the new irvin on RT.1 in norwood
you work near there? i'm right off rt 1 in westwood.
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Old Jul 30, 2008 | 10:06 PM
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some guys at work were talking about oil dropiing to somewhere around 60 a barrel. i dont think they would drop it that low even if they had unlimited oil reserves. i think this is just a temporary "lets get everyone excited on a little drop" strategy. lets be honest, i hope im totally wrong but i really think gas will be around double what it is now eventually.
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Old Jul 30, 2008 | 10:37 PM
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Cheapest ive seen reg gas is $3.71 im not sure what 93 octane is even thou i do use it lol. I think $3.93
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Old Jul 30, 2008 | 11:33 PM
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Originally Posted by L3THAL_Z28
yeah i've been following the crude oil commodity chart these past couple of days and when i checked earlier today it had jumped up by over $4...its been dropping the past few weeks and it will most likely drop a little more.
I agree.
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Old Jul 30, 2008 | 11:52 PM
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Owning a muscle car and complaining about gas mileage, is like marrying a fat girl and complaining about the grocery bill!!
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Old Jul 31, 2008 | 12:45 AM
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Let me know when it gets to .12 cents a gallon like it is in Venezuela.
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