Why is gas so cheap?

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  • slapass
    Too lazy to set a custom title
    • Nov 2002
    • 14625
    #1

    Why is gas so cheap?

    in my area I paid $2 per gallon when we hit $40 per barrel. then it kept going up per barrel and gas went down. Now it is $54 per barrel and $2 per gallon again.

    If I was paranoid, I would say the oil companies are trying to help the most oil friendly president in history get reelected.

    But what is the real reason?

    Tags: None
    • pornstar2pac
      Omaha Hi/Lo
      • Nov 2003
      • 17380
      #2
      it's because of that damn lesbian John Kerry was talking about.
      Trump haters gonna hate. that's all they can do

        Comment

        • infatu
          Registered User
          • Sep 2003
          • 62
          #3
          Ya, it's fucking weird. It was up over $1/litre in Canada almost a year ago now. Now that it's $15 higher a barrel, gas is cheaper.

          I think they're waiting till winter to nail us on heating costs.

            Comment

            • slapass
              Too lazy to set a custom title
              • Nov 2002
              • 14625
              #4
              that is weird isn't it as last year everytime it went up at all it went up on the corner.

                Comment

                • DutchTeenCash
                  I like Dutch Girls
                  • Feb 2003
                  • 21684
                  #5
                  not in europe... $10 a gallon

                  ICQ 16 91 547 - SKYPE dutchteencash
                  bob AT dutchteencash DOT com
                  ... did you see our newest Sweet Natural Girl Priscilla (18)?

                    Comment

                    • slapass
                      Too lazy to set a custom title
                      • Nov 2002
                      • 14625
                      #6
                      Originally posted by thinkx
                      not in europe... $10 a gallon
                      has it gone up steadily? or did it drop for the last 3 months or so?

                        Comment

                        • Magg
                          Confirmed User
                          • Feb 2004
                          • 4467
                          #7
                          Im paying $2.65... going down my ass.

                            Comment

                            • Project-Shadow
                              Confirmed User
                              • Feb 2003
                              • 7340
                              #8
                              Originally posted by slapass
                              has it gone up steadily? or did it drop for the last 3 months or so?
                              Erm I haven't seen any drop in recent years..
                              Cheapest I can remember was £0.60 a litre, now its about £0.82 where I am. [U.K litre, not U.S litre]

                                Comment

                                • Spunky
                                  I need a beer
                                  • Jun 2002
                                  • 133978
                                  #9
                                  It sure as hell isn't cheap here..around 4 bucks a gallon or 99 cents a litre

                                    Comment

                                    • NickPapageorgio
                                      Confirmed User
                                      • Apr 2004
                                      • 8323
                                      #10
                                      It has mysteriously gone down here in VA also. We were paying like 2.35 a gallon for premium and now some places you can get it as cheap as 1.95 per gallon. Weird shit.

                                        Comment

                                        • BT
                                          Confirmed User
                                          • Apr 2002
                                          • 6481
                                          #11
                                          cheap my ass

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                                            Comment

                                            • slapass
                                              Too lazy to set a custom title
                                              • Nov 2002
                                              • 14625
                                              #12
                                              Originally posted by BT_trafficcashgold
                                              cheap my ass
                                              well the barrel went up 25% and the gallon stayed the same. Cheap is relative.

                                                Comment

                                                • Jakke PNG
                                                  ex-TeenGodFather
                                                  • Nov 2001
                                                  • 20306
                                                  #13
                                                  Originally posted by spunky
                                                  It sure as hell isn't cheap here..around 4 bucks a gallon or 99 cents a litre
                                                  ?1,26 per litre here.
                                                  ..and I'm off.

                                                    Comment

                                                    • slapass
                                                      Too lazy to set a custom title
                                                      • Nov 2002
                                                      • 14625
                                                      #14
                                                      US govt was forcing it down with an old law enacted during the first gulf war. That period is now up. Greenspan explained it today.

                                                        Comment

                                                        • axelcat
                                                          Adult Locals
                                                          • Jun 2002
                                                          • 25450
                                                          #15
                                                          not in my area

                                                            Comment

                                                            • Honeyslut
                                                              Confirmed User
                                                              • Jan 2001
                                                              • 6436
                                                              #16
                                                              i just paid 2.31 for regular grade gas today
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                                                                Comment

                                                                • Part-timer
                                                                  Confirmed User
                                                                  • Jul 2003
                                                                  • 419
                                                                  #17
                                                                  Between 1.15 - 1.25 Eur here per litre.
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                                                                    Comment

                                                                    • arg
                                                                      Confirmed User
                                                                      • Feb 2003
                                                                      • 1164
                                                                      #18
                                                                      Prices have been helped by the US tapping the strategic oil reserves three weeks ago, under the auspices of replacing production capacity lost in the Florida hurricaines, and by federal subsidies to oil producers in the 2003 energy bill.

                                                                      There are a lot of things the US gov't can do to keep gas prices down. Ultimately it costs just as much, but Americans are a lot happier, on average, if their government adds $10 billion to the debt, and drops gas prices at the pump by a penny, than if they had to pay the higher gas price out of pocket. The government institutes these sorts of subsidies fairly regularly, so it's never any one obvious factor, it's usually just a penny or two here and there.

                                                                        Comment

                                                                        • wdsguy
                                                                          Ryde or Die
                                                                          • Dec 2002
                                                                          • 19568
                                                                          #19
                                                                          Well you are lucky then, its 2.55 over here in san diego

                                                                            Comment

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