Archive for Monday, August 11, 2008

Gas prices continue to drop across the nation

August 11, 2008

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— A national survey shows gas prices continue dropping across the nation.

The average price of a gallon of regular gasoline at self-serve stations was $3.85 Friday, down almost 15 cents from two weeks ago.

Mid-grade went for $3.98 and premium went for $4.10. That's according to the Lundberg Survey of 7,000 gas stations nationwide, released Sunday. Diesel was at $4.64.

The cheapest gas was in Tulsa, Okla., where a gallon of regular cost $3.50. Anchorage, Alaska, was most expensive at $4.37. The Western states were the only region in the U.S. where gas remained above $4 a gallon on average.

Comments

kansas778 7 years ago

On February 22, 1999 gas averaged 88.5¢ per gallon. A year ago gas was $2.75 a gallon. Thought you all would like to know!

gr 7 years ago

"However this price drop will not last long."Because people will stop conserving?

Flap Doodle 7 years ago

Don't start mowing more lawns. USA oil cartels are waiting in the bushes knowing USA lawn mowers will return to their wasteful lawn mowing lifestyle. Then BINGO the oil cartels win again as the prices return to their soaring altitudes.

Richard Heckler 7 years ago

Don't start driving more. USA oil cartels are waiting in the bushes knowing USA consumers will return to their wastefullifestyle. Then BINGO the oil cartels win again as the prices return to their soaring altitudes.

bearded_gnome 7 years ago

Blame the speculators when the price goes up, take credit when it goes down, the credit goes to you America. Because everyone started to conserve whichleft us a surplus of oil causing the price to fall. However this price drop will not last long.uh, any "savings" or decrease in our demand has been dwarfed by worldwide demand growth, especially by India and China. this is why we must dramatically increase our supply!greenie-wheenies like merrill block our access to our own oil, then chortle over high gas prices which they really wished to see. they want us to have higher gas prices; obama has said he just thought our prices went up faster than he wanted, but increased prices were fine with him for the same reasons. obama merrill and the greenies want to force us out of our cars. what they really do with their obstructionism is force us into greater reliance on chavez, iran, and other unsavory leaders' oil. yes, it would seem merrill is opposed to the free enterprise system. his previous posts have been very informative about his real values. he has written that power outages are good because they force energy conservation and advocates for a system of such power saving blackouts! he is just simply opposed to people driving (he'll spout some drivvel but if you add up his previous posts, you'll see he does) that is unless you're flying. he wants to close the lawrence international airport and force those who would've otherwise flown here, to land at kc and drive here! he has stated, with reference to the 700 block of new york, that broken streets are good, they serve as passive traffic calming devices. he has stated that he approves of squeezing people driving off of major streets and out into side streets; he says this is a common problem but continues to promote the calming devices that cause this to happen. and, well, you know, its always george bush's fault, so these terrible dropping gas prices ... must be george bush's fault. the oil prices started dropping when he lifted his half of the offshore drilling ban and started confronting congress over this issue. we need to dramatically speed reactivation of abandoned oil wells using current technology. and we need to start right away. this won't help things much five years out, but it would lower oil/gas prices very rapidly, greater supply could start showing up in a matter of weeks!

Daytrader23 7 years ago

bearded_gnome (Anonymous) says: we need to dramatically speed reactivation of abandoned oil wells using current technology.---------------------------------------------------------There is a reason abandoned oil wells are abandoned. We will start with the most obvious reason, they are empty, there is no more oil, finito. People still believe we can drill our way to more prosperity. This is why we call people like you the "Average Joe six pack." We cannot increase our supply no matter how many empty holes we punch into the ground. The oil execs. know it, opec knows it, the Saudi's know it, speculators know it but yet we still have people out there saying Drill! Drill! Drill! I guess that what you get when you listen to radio and get your info from some wingnut. Listen people, the oil economy is finished, we still have some left but we are running on reserves. Since I'm sure most of you do not like research I suggest watching a movie on the subject It's called "Oil Crash, A Crude Awakening" It contains all the info you need.

jmadison 7 years ago

The politicians better hurry up and pass some sort of law, so that they can claim credit for the drop in prices.

notajayhawk 7 years ago

merrill (Anonymous) says: "Don't start driving more. USA oil cartels are waiting in the bushes knowing USA consumers will return to their wastefullifestyle. Then BINGO the oil cartels win again as the prices return to their soaring altitudes."Gee, that almost sounds like supply and demand. Almost as if people will keep using as much gas as they're willing to pay for. Go figure.

Daytrader23 7 years ago

Blame the speculators when the price goes up, take credit when it goes down, the credit goes to you America. Because everyone started to conserve which left us a surplus of oil causing the price to fall. However this price drop will not last long.

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