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FDP Forum / Moe's Tavern (_8^(I) / Gas Price Watch - Round III

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JDC
Contributing Member
**********
*******

Mesa, Arizona

"If it ain't broke, don't fix it"
Sep 4th, 2019 11:29 PM   Edit   Profile  

All over the map, here. Has vacillated +/-20ยข up and during the past 90 days. Highest has been about $2.95/gal has gone down as far as $2.73 and now up to $2.95 , again (although I have seen it for $2.83 at a QT station). I'm sure the Costo/Sam's Club prices (although lower) have varied as much as have the local stations'.

MJB
Contributing Member
**********
****

Who's we sucka?

Smith, Wesson and me.
Sep 5th, 2019 04:43 AM   Edit   Profile  

$2.28.9 @ Sam's in Melbourne, FL.

jhawkr
Contributing Member
**********
**********
********

Wichita, KS USA

Retired April 26, 2019
Sep 5th, 2019 04:44 AM   Edit   Profile  

Down a penny to $2.12 @ Costco Wichita.

Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 5th, 2019 09:58 AM   Edit   Profile  

Home station down 2 at 2.63.9 this AM


Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 5th, 2019 09:59 AM   Edit   Profile  

Oh look 400 posts. :)

HenryJ
Contributing Member
**********
**

Bogue Falaya River

is STILL dark and cold.
Sep 5th, 2019 02:57 PM   Edit   Profile  

Filled up last week in St. Tammany Parish, Louisiana, at 1.99.9. Today when we were out and about I saw that it went down by tuppence to 1.97.9

Laker
Contributing Member
*****

Forgive your enemies

but never forget their names
Sep 6th, 2019 06:13 AM   Edit   Profile  

$2.61 for regular and $3.31 for premium at the local Stations here on the Wisconsin lakeshore. Premium is ethanol free here so I use it in every vehicle/device except for one car that is driven daily.

ninworks
Contributing Member
*******

Middle Tennessee

Guitar Slave
Sep 6th, 2019 06:40 AM   Edit   Profile  

$2.39 here in Columbia Tennessee as of yesterday.

Timmer
Contributing Member
*****

Shreveport, LA

There I was one night...
Sep 6th, 2019 12:27 PM   Edit   Profile  

198.9 same place. Shreveport, La.

Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 7th, 2019 08:17 AM   Edit   Profile  

SuperKwikMart down 4 at 2.65.9 yesterday.

Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 9th, 2019 06:54 AM   Edit   Profile  

SuperKwikMart down 2 at 2.63.9 yesterday this AM.


Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 16th, 2019 04:33 AM   Edit   Profile  

Oil futures sharply up on news of drone attack damage in Saudi Arabia.

Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 16th, 2019 02:58 PM   Edit   Profile  

WTF finishes up 12.5% today, pretty big jump for a day, we'll see what happens with that.

WTI, not WTF, freudian.

(This message was last edited by Jake at 05:51 AM, Sep 17th, 2019)

Chris Greene
FDP Host

Idaho, USA

Buy your virtue signal here
Sep 16th, 2019 08:40 PM   Edit   Profile  

Got gas at Costco today. Same price as last week - $2.60.

Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 17th, 2019 06:35 AM   Edit   Profile  

Home station up 32 at 2.95.9 this AM. The SuperKwikMart still at 2.63.9 but likely to follow. News reports suggest to expect increases.

At the SuperKwikMart my plan was to buy 15 dollars worth from a 20 and the rest for a paper and coffee. I changed my plan and filled up my tank which already has a quarter tank and that cost 25.50. I saved 3.10 over what I would likely pay tomorrow for the same gas bought today.

This is my little lesson in how an individual speculates. Transactionally I increased my demand for gas by 70% over what my original plan was, based on price information at the other station and the news reports. Assuming others behaved as I did, SuperKwikmart, based in part on increased demand, would then raise their price. Would demand overall decrease in the face of the increase? Depends on the elasticity of demand. Some people could cut back on the gallons they buy, others not.

Chris Greene
FDP Host

Idaho, USA

Buy your virtue signal here
Sep 17th, 2019 09:45 AM   Edit   Profile  

This morning, gas prices are the same here. One station (not Costco) actually dropped their price 6 cents to $2.54.

Chris Greene
FDP Host

Idaho, USA

Buy your virtue signal here
Sep 17th, 2019 12:41 PM   Edit   Profile  

Oil prices back down as Saudi Arabia says they're back to full production...

Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 17th, 2019 02:59 PM   Edit   Profile  

Yes, WTI finishes down around 6.7%.

Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 18th, 2019 06:10 AM   Edit   Profile  

Home station this AM down the same 32 cents it was up yesterday, 2.63.9, very odd.

SuperKwikMart up 12 at 2.75.9 this AM.

WTI futures down a bit.

Jake
Contributing Member
**********
********

West Chester PA

Wait, what?
Sep 18th, 2019 06:13 PM   Edit   Profile  

Home station this PM up 12 at 2.75.9 this PM.

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FDP Forum / Moe's Tavern (_8^(I) / Gas Price Watch - Round III




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