Gas prices 2019 and beyond

[Matts]

"And BTW, if it's all just greed, why does the price of gas ever drop? Why doesn't it keep going up just because it can?"

Why do I think prices ever come down? Why does anyone ever lower prices, to make more money in the long run. That's capitalism.
The price comes down when people begin driving less, future orders are down, interest in alternatives is increasing, government pressure risks losing sweetheart lease deals and armed protection, it costs too much to maintain a high inventory.

Why do you think gas prices ever go down if not to make more money?

 

[Avenger]

"And BTW, if it's all just greed, why does the price of gas ever drop? Why doesn't it keep going up just because it can?"

Why do I think prices ever come down? Why does anyone ever lower prices, to make more money in the long run. That's capitalism.
The price comes down when people begin driving less, future orders are down, interest in alternatives is increasing, government pressure risks losing sweetheart lease deals and armed protection, it costs too much to maintain a high inventory.

Why do you think gas prices ever go down if not to make more money?

So, you're saying free market capitalism works. Lower costs and higher supply will drive prices down because of competition. Sounds good.

Why don't we apply that to electric cars and let consumers make the choice instead of telling everybody in 2035 or whatever year you won't have a choice anymore?

 

[wader]

$5.20 in Farmingdale this morning

 

[OVERBORED]

Talking about supply and demand. Stores can't give away purell hand sanitizer! Bought 2-16oz bottles for $3.96 yesterday. At the height of the pandemic, the same bottles were sold on Amazon for $50 and up.

 

[jpd]

Talking about supply and demand. Stores can't give away purell hand sanitizer! Bought 2-16oz bottles for $3.96 yesterday. At the height of the pandemic, the same bottles were sold on Amazon for $50 and up.

NY drowning in 700,000 gallons of hand sanitizer it can’t get rid of

The push by former Gov. Andrew Cuomo to create hand sanitizer during the pandemic has left the state with a glut of the product it can no longer use. The state has been forced to shelve 700,000 gal…

nypost.com

 

[jpd]

 

[pequa1]

Paid $4.35 today in Matzohpizza. But I get 5 miles per bottle of water on the kayak.

 

[Matts]

So, you're saying free market capitalism works. Lower costs and higher supply will drive prices down because of competition. Sounds good.

Why don't we apply that to electric cars and let consumers make the choice instead of telling everybody in 2035 or whatever year you won't have a choice anymore?

I still have not heard your plan to lower gas prices long term.
more oil supply did not work. Oil prices and gas prices went out of sinc. Just because we practically give away our nation's oil to oil companies, doesn't force them to refine it into fuel. The only effective thing that brings down gas prices is increased efforts at conservation or everyone deciding to stay home.

Now, electric cars. The point of these was not merely to lower gas prices. We only get one planet. converting something other than fossil fuels into electricity and powering our cars with that may be our only hope.

Also, almost no industry receives more direct and indirect government welfare than the oil industry.

 

[wader]

June 17:
$4.96 - Regular
$6 - Diesel

Today:
Regular - $4.26
Diesel - $5.36

 

[movetheboat]

June 17:
$4.96 - Regular
$6 - Diesel

Today:
Regular - $4.26
Diesel - $5.36

HE DONE DID DAT!!!

 

[jpd]

Found this pic on my hard drive from 9/2/05 - I think it was one of the first posts from the old NE Gas Prices 2005 thread that got deleted at some point there and restored? It's that Bedford station off I-684 that I posted a news article about a few pages ago. If I recall it was like 80¢ more than anywhere else.

 

[jpd]

4/2/05 How that thread got started -same Bedford station

 

[movetheboat]

crash that diesel and everything will come down....another rate hike coming

 

[jpd]

I guess it didn't take....

 

[movetheboat]

July 14, 2022, 1:31 PM EDT
By Rob Wile
U.S. gasoline prices have now declined for 30 days in a row, a trend that will provide some relief to consumers living through the worst period of inflation in 40 years.
The average U.S. price of regular unleaded fuel dropped to $4.61 a gallon, according to AAA data published Thursday. That compares with the $5.02 average seen a month ago.

"HE DID THAT"

 

[jpd]

 

[jpd]

 

[wader]

June 17:
$4.96 - Regular
$6 - Diesel

July 14
Regular - $4.26
Diesel - $5.36

Today:
$4.30 - Regular
$5.26 - Diesel

 

[CELLFISH]

Because Why…

 

[cany]

$4.35 tonight