[ARCHIVED THREAD] - Gas Price Lowering Question...

Posted: 10/7/2011 3:51:08 AM EDT

Two Part Gas Price Lowering Question...

1. Can someone explain why the cost of gas is going down? Is it a push from overseas, national production, or corn boom?
Or is it a plain jane political push?

2. Further, can someone expalin why locally there is a huge difference between the cost of regular to mid grade/premium?
Example: Unleaded $3.17, Mid Grade $3.49 Premiun $3.69.

Posted: 10/7/2011 3:52:19 AM EDT

[#1]

My guess is demand went down or supply went up

Posted: 10/7/2011 3:52:49 AM EDT

[#2]

Gas prices are always higher in the Summertime.

Posted: 10/7/2011 3:55:11 AM EDT

[#3]

Value of dollar going up, which means commodities such as oil, gold, and silver (which are bought and sold with dollars) go down.

Posted: 10/7/2011 4:07:19 AM EDT

[#4]

Going down to help Obama get reelected. "Look, subjects...uh, ah mean people, I got the gas down!"

Posted: 10/7/2011 4:07:36 AM EDT

[#5]

It went up 10 cents a gallon here yesterday. Hopefully it starts heading back down again.

Posted: 10/11/2011 1:58:14 AM EDT

[#6]

Still low in some stations, and again a .30 spread between 87 and 89.

Weird, but I don't mind paying 3.17 for Exxon (credit).

[ARCHIVED THREAD] - Gas Price Lowering Question...

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[ARCHIVED THREAD] - Gas Price Lowering Question...

[ARCHIVED THREAD] - Gas Price Lowering Question...