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Thread: How much lower will gas prices go?

  1. #1
    Chief of Naval Operations johnnymk's Avatar
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    How much lower will gas prices go?

    Currently, there are a few stations in my area offering gasoline at $3.51 and some in NJ at $3.39.

    Think that they will drop even further or stabilize at the current price?

  2. #2
    Rear Admiral Lower Half uncledaddy's Avatar
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    Dang, still up around $ 3.85 in SD. Need to move to the NE.

  3. #3
    Rear Admiral Upper Half WhiskeyPapa's Avatar
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    Here in MN - $3.59 for regular and $2.89 for E85.

    I sure hope this isn't the new paradigm for gas prices. I clearly remember around 1980 how we thought $1.25 gas was an aberration and we'd eventually return to 50-60 cents.
    Last edited by WhiskeyPapa; 08-25-2008 at 06:37 AM.

  4. #4
    Chief of Naval Operations cheapie's Avatar
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    $3.80ish here in michigan. will probably head back up as we approach labor day.

    imho, fuel will stay at this level unless demand continues to drop. i think if demand continues to drop (a warm winter would help), institutional buyers will start to bail and you'll see prices really tank. also, if the $ maintains or improves its position, that will help keep fuel prices going in the right direction.
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    Rear Admiral Lower Half Prngr44's Avatar
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    3.25 in the Lou.

  6. #6
    What's Da Pho*? bachviet's Avatar
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    $3.82 at local Costco and $3.88 at other stations
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