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Average U.S. gas price tumbles to $2.48 a gallon
yahoo ^ | Nov 1, | USAToday

Posted on 11/01/2005 10:13:55 AM PST by george76

After topping $3 a gallon, average gas prices continued to plunge last week, falling to the lowest levels since Hurricane Katrina damaged Gulf Coast oil refineries.

"November is going to be somewhat of a weak month," Kloza says.

He predicts the price will bottom out between $2.10 and $2.35 a gallon nationwide, and is sticking to a prediction he made last week that gas could fall below $2 a gallon in some states.

The cheapest statewide average: Oklahoma's $2.14, according to travel club AAA.

Hawaii had the highest prices, averaging $3.01 a gallon.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; News/Current Events; Politics/Elections; US: Hawaii; US: Oklahoma
KEYWORDS: energy; gasprices; hawaiianeconomics; katrina; oil; pricecontrols; thankyoumrpresident; wilma
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To: george76

$2.29 in southern Perry County, Indiana


41 posted on 11/01/2005 11:42:31 AM PST by MyFreedomIHoldDear
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To: george76

I hope the Dems keep talking about $3 per gallon gas. Each time they say $3 gas, the consumer will think, "I just paid $2.48" and think they got a good deal compared to everyone else.

Continuing to talk about $3 gas will make $2 gas seem like a deal to the average Joe voter who hears the D's complaining about $3 gas.

When gas is $2, the D's need to complain about the high cost of $2 gas, not $3 gas.


42 posted on 11/01/2005 12:06:04 PM PST by B-bone
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To: mak5

Yep, and a cup of coffee at starbucks is at least $4.00. Does anybody ever bitch about paying a buck for a pint of WATER? How about cable tv? cell phone charges? condoms? bullets for my .357? lap dances? 12 year old whiskey? All of the "requirements of life"??????


43 posted on 11/01/2005 12:39:31 PM PST by USS Alaska (Nuke the terrorist savages - In Honor of Standing Wolf)
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To: mak5
Yes I have noticed that gasoline is usually a bit cheaper in Northeastern Ohio.

But as others have remarked .. the law of supply and demand is working.

44 posted on 11/01/2005 12:51:30 PM PST by Common Tator
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To: MarkeyD

I have already. Thanks.


45 posted on 11/01/2005 3:50:34 PM PST by cruiserman
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To: hattend

Does the tanker truck have wings on it?


46 posted on 11/01/2005 3:52:46 PM PST by RightWhale (Repeal the law of the excluded middle)
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To: george76

$2.15 in Detroit. I-94 and Livernois. Don't go there after dark.


47 posted on 11/01/2005 3:53:23 PM PST by rasblue
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To: RightWhale
Does the tanker truck have wings on it?

If there was an emergency need then yes, it would be flown in but it's barged in at breakup and just before freeze-over. There is only one gas station so it's a monopoly, you have to buy from the guy or barge your own stock in. Typical bush business.

48 posted on 11/01/2005 4:32:19 PM PST by hattend (Rum and Coke, please!)
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To: hattend

Got below zero in Fairbanks first time today. So far like the winter of 75, where it was just 45 below by Thanksgiving.


49 posted on 11/01/2005 4:54:20 PM PST by RightWhale (Repeal the law of the excluded middle)
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To: cynicom
Some. Oil has dropped about 15%. Also, refineries are coming back on line, pipelines have been repaired and the summer driving season is over so demand is down.

Less costly raw product plus easier distribution plus higher production plus lower demand equals lower prices.

50 posted on 11/01/2005 5:00:31 PM PST by Harmless Teddy Bear (Not all problems can be solved with a sledge hammer. Sometimes nitroglycerin is required. Or a Nuke)
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To: RightWhale

We've been below zero in the mornings for the last 6 or 7 days. It was -13 this morning when I walked in. It was -16 yesterday so we're warming up! :-)

I only got up here in '98 so I missed the winter of '75 but I remember the winter of 2000-01 when it was -71 in January.


51 posted on 11/01/2005 5:09:27 PM PST by hattend (Rum and Coke, please!)
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To: hattend

We're spoiled. Winters just haven't been what they used to be. We hardly ever get 60 below for weeks at a time anymore.


52 posted on 11/01/2005 5:13:11 PM PST by RightWhale (Repeal the law of the excluded middle)
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To: hattend

Does it take about 2 gallons of gas to deliver 3 gallons of gas?

Or is it 3 gallons used by the airplane emergency method to deliver 2 gallons?


53 posted on 11/01/2005 5:14:54 PM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: RightWhale

It's Bush's fault.

Dang Glow-bull warming.


54 posted on 11/01/2005 5:15:17 PM PST by hattend (Rum and Coke, please!)
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To: george76
They fly DC-6 and C-46 cargo/tankers to Galena, then load them up with oil/gas to resupply the various mining companies in the area. I sit here and watch them do the resupply 4-6 times a year.

I'm sure it cost quite a pretty penny to get resupplied in those areas.

A guy I work with buys his gas off the barge twice a year and he's paying about $3.50 a gallon so the gas station is adding a buck a gallon for public sale.

55 posted on 11/01/2005 5:21:12 PM PST by hattend (Rum and Coke, please!)
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To: hattend

It is Bush's fault, but not entirely. The true Alaskan winters ended when Carter got most of Alaska declared a national park.


56 posted on 11/01/2005 5:23:48 PM PST by RightWhale (Repeal the law of the excluded middle)
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To: george76

Good news for America.

Bad news for Democrats.


57 posted on 11/01/2005 5:26:21 PM PST by Senator Goldwater
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To: USS Alaska
Give up your money to the gummint and they will take care of you. Nah, I'll take it our way.

You BET! I'll take it our way any time.:)

58 posted on 11/01/2005 5:26:39 PM PST by painter (We celebrate liberty which comes from God not from government.)
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To: RightWhale

RightWhale - Winters are not what they used to be because the earth has been gradually warming since the end of of the, "Little Ice Age" which ended about 400 years ago.


59 posted on 11/01/2005 5:31:00 PM PST by MCPO Airdale
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To: MCPO Airdale

Yeah. Only 10 below expected tonight. Hardly worth firing up the woodstove since the Coleman jug of drinking water in the kitchen still isn't frozen.


60 posted on 11/01/2005 5:34:32 PM PST by RightWhale (Repeal the law of the excluded middle)
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