Gasoline is cheaper now than a year ago — and could fall below $3

[PcflEZFlng]

Cheapest I can find here is $4.09 at Costco.

 

[rapmarks]

I paid 2.99 at Costco in fort myers last week

 

[beejaybeeohio]

Under $3 in NE Ohio. Will head to Costco tomorrow to fill up my CuRVy!

 

[TUGBrian]

thats a pretty roundabout way of saying "gas still 30% more expensive than it was 2 years ago"

whatever makes folks happy i suppose!

 

[billymach4]

As you may have noted some of my remarks about Gas Prices are a bit.... Colorful or have hidden messages.
All in the name of comedy. Certain segments of the news cycle seem to lay blame on certain leaders that will remain nameless.
The blame game ebb's and flows depending on who you want to cast in a good or bad light. That's all I am trying to say!

 

[emeryjre]

thats a pretty roundabout way of saying "gas still 30% more expensive than it was 2 years ago"

whatever makes folks happy i suppose!

2 years ago we were in a pandemic driven economic slowdown. Russia had not attacked Ukraine and was delivering to the open markets. So demand was down and supply was up.

 

[PamMo]

$2.78/gal here in MO today.

 

[dioxide45]

Just paid $3.11 at Wawa in Orlando. Some parts of Kissimmee were under $2.90.

 

[billymach4]

WaWa? in FL? I get warm and fuzzy thinking WaWa is a South Jersey / Philly area chain.

 

[rapmarks]

WaWa? in FL? I get warm and fuzzy thinking WaWa is a South Jersey / Philly area chain.

We are supposed to get a Wawa in Estero Florida

 

[billymach4]

WaWa? in FL? I get warm and fuzzy thinking WaWa is a South Jersey / Philly area chain.

If you really want to blow my mind tell me you filled up at a Maverick in Miami.

In case you need to understand my dialect.

 

[dioxide45]

WaWa? in FL? I get warm and fuzzy thinking WaWa is a South Jersey / Philly area chain.

Yeah, Wawas are all over the place here with new ones popping up. Just filled up tonight and also got some cheddar bacon potato soup!

 

[carl2591]

“‘Borrowed time’ is how I would describe the consumer right now,” said Tim Quinlan, a senior economist at Wells Fargo. “Credit card borrowing is up, saving is down, our costs are rising faster than our paychecks are.”

Just like the ole days... the credit issues always come back then folks clamp down and figure out they are paying a ton in interest on stupid stuff they are buying.. its the american way of life.. overspend then over not spend..

 

[rapmarks]

Yeah, Wawas are all over the place here with new ones popping up. Just filled up tonight and also got some cheddar bacon potato soup!

They sound a bit like Kwik Trip in Wisconsin. I think we have four in the Dells

 

[billymach4]

Yeah, Wawas are all over the place here with new ones popping up. Just filled up tonight and also got some cheddar bacon potato soup!

Given the migration pattern from North to South the greater Philadelphia / Jersey crowd can feel right at home.

For me I get my 87 Octane with 10% ethanol exclusively from Top Tier Kirkland brand. No WaWa / Maverick / Cumberland Farms / BP / Exxon / Sinclair / Kwik trip / Citgo here.

 

[amycurl]

I paid $2,89 at Costco this evening. I still remember thinking many, many years ago that I would never pay under $3 for gas again, and was okay with that. (Personally, I think the cost of gas should include its climate change impact.)

 

[timsi]

Economy grew 2.9% last quarter.

That did not get a thread on tug.

If the economy grows 3% and the costs are 8% higher, it means that in average 5% less goods sold and services provided, don't you think?

 

[TUGBrian]

its certainly fun to watch how people spin things differently thats for sure!

 

[CO skier]

Diesel fuel prices are up about $1.00 - 1.50 per gallon versus a year ago (I drive a diesel pickup, so I notice those $100+ fill ups). You know, that fuel oil that powers the trucks and locomotives and ships that bring our "stuff" to us, and is a significant contributor to higher grocery prices and, well, most everything in any store.

eta: February, 2021 nationwide average diesel price = $2.80

EIA Gasoline and Diesel Retail Prices Update, Feb. 9, 2021 - Fuels Market News

EIA Gasoline and Diesel Retail Prices Update, Feb. 9, 2021

fuelsmarketnews.com

December, 2022 (less than 2 years later) nationwide average diesel price = $5.00

average price of diesel in the us - Google Search

79% increase (!!) in less than two years? Now That's inflation!

 

[CO skier]

If the economy grows 3% and the costs are 8% higher, it means that in average 5% less goods sold and services provided, don't you think?

The politicians' math will spin is as "11% net growth" in the economy.

 

[rapmarks]

thats a pretty roundabout way of saying "gas still 30% more expensive than it was 2 years ago"

whatever makes folks happy i suppose!

I may be incorrect, but seems like gas was only two dollars a gallon during COVID and was more like three dollars a gallon before COVID started.
I needed cancer treatment starting in 2008 and had to go quite a ways for specialists. Gas ranged from 4.09 to 4.49 when I started Treatment In 2008.

 

[beejaybeeohio]

I may be incorrect, but seems like gas was only two dollars a gallon during COVID and was more like three dollars a gallon before COVID started.
I needed cancer treatment starting in 2008 and had to go quite a ways for specialists. Gas ranged from 4.09 to 4.49 when I started Treatment In 2008.

Sorry about your cancer bout. Yes, gas was over $4 per gallon in 2008. I had a long commute at that time and needed a full tank often.
Of late, our driving is mostly local so the spike in prices is not as painful as it was back then.

 

[rickandcindy23]

My stepdad drives his car about 50 miles a week. The gas prices don't hurt him much, and he has never complained about gasoline prices. His natural gas bill is up 80% from last year for the same amount of gas. He brought his gas bill from last year to show us the comparison.

He is 88 years old and on a very fixed income. He turned his furnace down and is wearing ear muffs and layers and even double socks in his house to keep warm. His thermostat is now on 60 degrees. His a very skinny guy. He is 170 pounds and 6'2". I told our kids that if they want to do something for him, they should give him checks for $100 to up his thermostat for the cold months.

Fortunately, when we are in town, he eats a healthy dinner with us every night. When we are gone, he is on his own and has to buy food.

 

[HitchHiker71]

Still $6.07 here on Molokai.

I suspect the prices will remain much higher on all Islands vs the mainland given the shipping costs have increased significantly during the pandemic due to restructuring of the long term shipping contracts for most suppliers. How much have prices come down in your area compared to the $6.07 price now? I bet not nearly as much as mainland prices in comparison - but at the same time - sure hope I'm wrong.

 

[Sandy VDH]

Yeah, Wawas are all over the place here with new ones popping up. Just filled up tonight and also got some cheddar bacon potato soup!

For us Canadians it is Tim Horton's. We have new Timmies popping up in Houston area.