Originally Posted By fkurucz 1.58 here too. <<My jaw dropped.>> Wait until you see corp earnings (or should I say lack of) for FYQ1. You will need a shovel to collect your jaw.
Originally Posted By Ursula $1.99 here in SoCAl. We almost took a picture of the sign. And yes, we carpool so we've now cut our gas consumption by HALF. We don't plan to change it back, either.
Originally Posted By vbdad55 <*LOL* You may well get it... They've turned another corner with the 2010 Mustang. Heading away from the nostalgia "look" quite a bit, in my opinion. Sharp, yes..< doing that to directly compete with the new Camaro - which is not a retro rod ala Mustang / Challenger. <a href="http://www.chevrolet.com/camaro/?seo=goo" target="_blank">http://www.chevrolet.com/camaro/?seo=goo</a>_|_2008_Chevy_Retention_|_IMG_2009_Chevy_Camaro_|_2010_Chevy_Camaro_|_2010_camaro
Originally Posted By EmmaJayne $1.09 per litre in Melbourne, Australia A huge drop, it was about $1.60 a few weeks ago. I only paid $30 for petrol today, I was so excited I nearly fell to the ground and cried! Glad to see it's happening for all of us, fingers crossed it stays this way!
Originally Posted By fkurucz <<fingers crossed it stays this way!>> It might. Of course that depends on the Global economy staying in the toilet. Once it recovers (and that might take a few years) oil prices will rise again.
Originally Posted By DyGDisney fkurucz, you are the one who was predicting $6.00/gal by the end of the year, and the economy was in the toilet then too. I think they will rise again, more slowly, hit a decent level (under $3.00/gal) and stay there by the end of next year. That's my 2009 prediction!
Originally Posted By wonderingalice $1.95 at my station this morning... Yay! Just in time for our drive to Disneyland!
Originally Posted By Dabob2 I think they'll rise next spring. How much? About as much as the oil companies think consumers can bear without breaking. If the economy's still in the dumper, probably only around 3 bucks. If it's REALLY in the dumper, less. If more people are doing a little better, more. It'll rise to the level they think they can get without causing too much squawking.
Originally Posted By fkurucz <fkurucz, you are the one who was predicting $6.00/gal by the end of the year, and the economy was in the toilet then too. >> I never said it would be $6 at this time. In fact, I predicted the opposite, I said that prices would fall, as they always do at the end of the year. They did fall more than I expected (I recall predicting mid two's as the bottom), but the bottom fell out of the global economy far more quickly than I ever expected, and I am bearish! I did say that maybe prices could hit $5 next summer. This is no longer likely, due to the global crash.
Originally Posted By fkurucz <How much? About as much as the oil companies think consumers can bear without breaking. If the economy's still in the dumper, probably only around 3 bucks. If it's REALLY in the dumper, less. If more people are doing a little better, more.>> Well...., I do recall not too many years ago when gas was under $1, and compared to today the economy was doing quite well. A lot will depend on global demand. If it does recover then I think we will see prices rise, regardless of the state of the US economy. If global markets push oil back to $150+ per barrel there is no way we will have $2 or even $3 gas. The real question is: how decoupled do you think the global economy is from the US economy? If it is decoupled then it might be able to rebound quickly. If not, then as the saying goes "misery loves company"
Originally Posted By wonderingalice $1.89 now... Pretty much dropping faster than I can keep up... At least once a day. Cool!
Originally Posted By DAR 1.69 this morning used a $25 gift card my mom gave me. Half a tank filled that puppy up $14 still have 11 left.
Originally Posted By DyGDisney Unfortunately my house price is dropping just as fast. Long lost my $120,000 down payment.
