in other news

[old2soon]

I noticed that gasoline appears-at this point anywho-to be on a somewhat downward trend price wise. Looks like .25 to .30 cents lower than when the storms hit Texas. And-yeah-I duz realize the Gulf Coast has a target drawn on it-AGAIN. And how was yer week? RIDE SAFE.

[scooperhsd]

Gas might be, but diesel is going down very  slowly if at all (2 of my cars are diesel - the ones we drive the most ).

[John Schmidt]

Oil companies have long been accused of "going up like a rocket and falling like a feather." Years ago I  was in Houston on a state audit for drilling in Florida and asked an oil exec about it. His answer...."because we can."  They made no apologies for it, but then neither did I at the end of the audit. When asked "how could you make such an assessment based on our records?"  My answer...."because I can....based on YOUR records."  They didn't find it nearly as humorous as I did. 

[..]

Will they drop back to pre hurricane prices 

[scooperhsd]

Will they drop back to pre hurricane prices  

Probably - but I have no idea when....
Like was stated earlier - "Up like a rocket, down like a feather - because they can..."

Unfortunately - petroleaum use in the US seems to be relatively price inelastic - meaning that mostly we'll just grumble and pay it (and keep using it). Then you get those folks who buy their gas guzzling SUV's and pickups when gas is "cheap", then trade in or drive a more efficient gas-sipper when prices go up.

My vehicles MPG (from fuelly), last 10 fillups

2000 VW NB (TDI (diesel) - 45.9
1998 Valk - 32.7
1988 Acura Integra - 28.7 (mostly because it doesn't get driven very much - mostly to the county recycle center)
2015 VW Golf SE TDI (diesel) - 39.9

[Gavin_Sons]

Will they drop back to pre hurricane prices  

Probably - but I have no idea when....
Like was stated earlier - "Up like a rocket, down like a feather - because they can..."

Unfortunately - petroleaum use in the US seems to be relatively price inelastic - meaning that mostly we'll just grumble and pay it (and keep using it). Then you get those folks who buy their gas guzzling SUV's and pickups when gas is "cheap", then trade in or drive a more efficient gas-sipper when prices go up.

My vehicles MPG (from fuelly), last 10 fillups

2000 VW NB (TDI (diesel) - 45.9
1998 Valk - 32.7
1988 Acura Integra - 28.7 (mostly because it doesn't get driven very much - mostly to the county recycle center)
2015 VW Golf SE TDI (diesel) - 39.9

I guess I drive gas guzzlers compared to your vehicles.

[scooperhsd]

Will they drop back to pre hurricane prices  

Probably - but I have no idea when....
Like was stated earlier - "Up like a rocket, down like a feather - because they can..."

Unfortunately - petroleaum use in the US seems to be relatively price inelastic - meaning that mostly we'll just grumble and pay it (and keep using it). Then you get those folks who buy their gas guzzling SUV's and pickups when gas is "cheap", then trade in or drive a more efficient gas-sipper when prices go up.

My vehicles MPG (from fuelly), last 10 fillups

2000 VW NB (TDI (diesel) - 45.9
1998 Valk - 32.7
1988 Acura Integra - 28.7 (mostly because it doesn't get driven very much - mostly to the county recycle center)
2015 VW Golf SE TDI (diesel) - 39.9

I guess I drive gas guzzlers compared to your vehicles.

Well, there are times I wish I had a pickup truck too, or instead of the Integra. Could be real useful hauling things, if you know what I mean.

[MP]

Gas might be, but diesel is going down very  slowly if at all (2 of my cars are diesel - the ones we drive the most ).

Diesel in our area is up about .15 from a few weeks ago.

[Alpha Dog]

Gas might be, but diesel is going down very  slowly if at all (2 of my cars are diesel - the ones we drive the most ).

Indeed diesel is high, ave. about 2.69/gal here.  In recent years it appears the price difference between diesel and gas has gotten more separation.  Gas can be had for 2.17 or less.  One of my vehicles is an 02 Chevy Express 2500 extended with the old GM 6.5 diesel.  Really great engine, gutless heavy towing which I do not do any more,  but very good fuel milage at 19 mpg.  Lately I have been thinking of getting the new Ford Transit 250 Medium Roof with the 3.5 Eco Boost Turbo that gets maybe better milage and defintely cheaper fuel.  Anyone have experience with the reliability of that Ford engine? I would love to know.

[scooperhsd]

Part of the diesel price not going down very quickly is that we are coming into heating oil season (used quite bit in the Northeast). Heating oil and diesel (and kerosene) are relatively close from the refiner's point of view - there is some tweaking they can do to change proportions of each, depending on the need. In the fall / winter - the push is on for heating oil ( and some kerosene). That, plus the fact that so much of the refining went down with Harvey coming to Houston did a double whammy to diesel prices.

[da prez]

  We had a VW tdi. A while back when diesel was really pricey , we would get comments on a bad choice of vehicles. When you figured cost per mile , the diesel was still cheaper to run than the gasser.
  We have a 14 Jetta that is as spunky as the tdi was (a gasser) and about two miles per gallon less figured on actual fuel , not the computer.
  Diesel is about $2.69 and as high as $2.99. I am sure it is higher near the city. Gas was $2.25 at Sam's Club yesterday.

                                 da prez

[scooperhsd]

  We had a VW tdi. A while back when diesel was really pricey , we would get comments on a bad choice of vehicles. When you figured cost per mile , the diesel was still cheaper to run than the gasser.
  We have a 14 Jetta that is as spunky as the tdi was (a gasser) and about two miles per gallon less figured on actual fuel , not the computer.
  Diesel is about $2.69 and as high as $2.99. I am sure it is higher near the city. Gas was $2.25 at Sam's Club yesterday.

                                 da prez

We bought the Beetle back in 2003 - used TDI Beetles being difficult to find. This one came with the 4 speed Autotragic - it finally crapped out at 252,000 miles. Spending the $3000 to swap to the 5 speed manual was the best thing we ever did - INSTANT jump of 8 MPG, and the transmission gearing worked so much better. Let's just say it's not stock anymore in the engine     Currently at 361,000 miles and I'm going for 500,000 (or more) .

The Golf is one of those affected by the VW Diesel Emissions scandel - we had the phase one done on it shortly after it was available, just waiting for phase 2 to be announced. the Golf has the 6 speed DSG transmission ( an automatically shifting  manual gearbox)

[Patrick]

Prices aren't coming down here in NY that I have seen.

[The emperor has no clothes]

Prices aren't coming down here in NY that I have seen.

Same here, but I don't pay close attention to it anymore. After $4.00 everything else seems like gravy.

[Gavin_Sons]

I paid 2.17 this morning for regular 87.

[old2soon]

With my wally wurld/murphy fuel card-3 cents a gal is 3 cents a gal-was 2.08 earlier Saturday. Course this next himmicane-well it do gotz a guys name-appears to be making landfall pretty near petro chemical "stuff". RIDE SAFE.