Oil Prices

SatredL · 10-06-2008, 11:29 AM

Look I know the economy really sucks right now, the dow is under 10k. But on the bright side oil is under $90 a barrel which means gas prices go down some more. And since we use premium I think that deserves a great big YIPPEEE !!!

Mattman6 · 10-06-2008, 11:35 AM

yea it has gone down 5 cents (national average according to USA Today) since friday, we get the USA Today free at school everyday. So I try and pick one up and they always have the gas prices on the front page. It makes me happy when i see the down arrow

SatredL · 10-06-2008, 11:37 AM

Is under $3.00 possible?

Mattman6 · 10-06-2008, 11:44 AM

Quote:

Originally Posted by SatredL

Is under $3.00 possible?

highly doubt it, especially with the holiday season coming up. I could see it getting to 3 bucks and staying there. But honestly thats just my opinion.

SatredL · 10-06-2008, 11:49 AM

Hell, it's better than it was.

all4glh · 10-06-2008, 11:51 AM

What were the gas prices the last time when the price per barrel was the same?

Mattman6 · 10-06-2008, 11:53 AM

3.50 is todays new national average

But it looks like OPEC is gonna limit production if the price per barrel keeps falling.

Mattman6 · 10-06-2008, 11:58 AM

Quote:

Originally Posted by all4glh

What were the gas prices the last time when the price per barrel was the same?

gas prices are directly related to price per barrel..so it would be the same price, correct?

all4glh · 10-06-2008, 12:11 PM

I'm not sure to be honest, was trying to see if any of you guys knew.

SatredL · 10-06-2008, 12:32 PM

Quote:

Originally Posted by all4glh

I'm not sure to be honest, was trying to see if any of you guys knew.

8 years ago it was 1.75/1.85

your avatar is just distractive

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