Location: the sleeper cab of my tractor trailer all over the 48
Posts: 2,723
^^^ That's awful. Just awful.
I've finally seen $2.99 in the Atlanta area!!! Such relief washed over me at sight. Then I come in this thread reading about $2.50 and $2.53 and such. At least my 3/4 tank fill up way under $40. Finally!
Cheap gas is temporary. In this weeks edition of Fortune there is an oil and gas expert that predicts $500 a barrel oil in the near future. He might be wrong but his points all made sense and he as been right on the money so far. In the last 6 years we went from $20 a barrel oil to about $150.
If we look at simple supply and demand, the supply is going down and the demand is going up. We have 300 million people. China has 1.3 billion and India has 1 billion who are all trading in their bikes for cars.
Anyone expecting cheap gas in the future will be in deep chit if it doesn't work out. You are better off playing it safe and then if we do have cheap gas you will still come out ahead. By playing it safe I am referring to buying a house 40 miles from work or living 1 mile from work. Buying a 6 mpg Hummer or a 30 mpg compact.
It finally hit $2.99--on base. Too bad my military id expired (and I can't get it renewed). It's still over $3 around town. Hopefully Sam's will be under $3 in the next day or so.
It finally hit $2.99--on base. Too bad my military id expired (and I can't get it renewed). It's still over $3 around town. Hopefully Sam's will be under $3 in the next day or so.
More places in town have hit below the $3, but there are still A LOT of places that are $3.05+.
I filled up for $2.91 at Sam's today, yay!! Took less than $40.
Hybrid Mode
