Pond Boss Forums GENERAL QUESTIONS Pond Boss $2.96 Gas...

I'm afraid with lower gas prices that development in my area will start up again. When gas prices go down, the "MORE LIBERAL FOLKS" start moving out by us. The recession we had was outstanding, high gas prices got them out of here as well as made many of their homes vacant. When you live in a very rural area and enjoy some super neighbors, it only takes a few "MORE LIBERAL FOLKS" to ruin the place.

I guess this is what Mr. Cody meant by going "political". Frankly I couldn't care any less what the gas prices are. Whatever the FREE market decides is fine by me, it's none of my business what a free man charges for their product.

Bill not quite that simple. Being in the business the real problem is pipe line infrastructure. All pipelines in North America even in Canada are trying to push more pressure that equals more volume through the same size pipe. This is where the pipe line bursts and breaks have started to happen. Then if we can't get it through the pipe line we run it with rail.

If the US wanted to drop the price of gas it could be done with one swipe of the pen. No ship that is not US flagged can leave the US port and land in a US port. How many US flagged ships can haul up graded fuel? What would this ship haul back from the north say Boston to the up graders in the gulf?

Main thing is supply and demand and difficulty moving up graded fuel around North America.

Heck were paying $117.9 per liter. Thats $4.72 per gallon.

Cheers Don.

And the fact the U.S. hasn't built a refinery since the 70's should have some effect shouldn't it?

Yep, it�s the above and more�politics, supply and demand, international crisis etc�etc��
��but mainly NEW TECHNOLOGY!

I have been fortunate to have participated through the entire digital age as well as the current energy independence of our nation.

At one time a vertical well bore could drill through a 10ft section of oil/gas bearing rock and would be a producing well - can you now imagine drilling the same formation, turning the drill bit and pipe horizontally and producing thousands of feet of pay? �..AND - observing/recording rock and fluid properties in real time - AMAZING TECHNOLOGY!

At the present time we have the capability of producing ~15 million barrels of oil/gas equivalent per day and even more energy if solar and wind is added to the mix.

Economics now come into play.
We were so successful in discovering new proven reserves of natural gas that prices dropped so low that drilling ceased, but in the process discovered oil that could be produced from shale. Same thing is happening today - price of oil/gas is so low drilling will be slowed due to cost exceeds price of product.

O&G prices won�t remain this low IMO because international economics come into play.
George

Almost son in law works for a major oil co . Says they base there cost on 60 $ a barrel we still good for a while


Pat W

$3.39 for regular this morning . Eleven miles south it's $3.07, while 20 miles east it's $3.04??

2.74 around here. Yay can spend on other stuff now


Pat W

Didn't last long. It did drop to $2.85 a day after I posted this. It's up to $3.20 and climbing. One thing that happens around here is on the weekends, the price will shoot up, then drop back down at the beginning of the week.

$2.71 this morning, just about everyplace around here.

Guy at a local station said it might drop lower.

A guy that I know who keeps watch on things like that said he heard $2.50 was possible before Spring.

It's 2.54 in pearland tex
Hope diesel goes down so prices will drop

Pat W

Diesel was $3.17/gal. In Goodrich, TX last weekend. But, the pumps were so packed, you couldnt have rode a bicycle through there. I've never seen it that cheap since before 2011.

I paid $2.39 today.

I was surprised that Virginia gasoline and diesel prices were lower than Oklahoma's prices these past several days.

West Virginia is usually about $0.30-$0.40 higher than VA. It is in the $2.60s near me in VA. It is good to live on the border.

Today, in Centerville, TX

Regular $1.99 diesel $3.26 Would'nt be surprised to see another parade of 18teen wheelers go visit Washington

That's a huge stretch for the trucking industry.

Sheesh, gas jumped to $3.09 this morning from $2.71 yesterday.

Asked the gal that owns this station, what happened?

She said the elections are over

Down to $3.05 this morning. Cheapest it's gotten so far.

E85 is what I burn. Here in MN it is $2.29999.

What kind of mileage do you get with E85?

When I was in Oklahoma this past week, I found that there was about a $0.30 difference between "pure gasoline" and "ethanol laced" gasoline.

My son and DIW in Oklahoma have two hybrid cars. They went back to the "non-pure" gasoline after a year of checking mileage using "pure" vs. "non-pure" gasoline. They found that the mileage difference was so minimal that they now just fill up their tanks wherever it is most convenient.

I just fill up when needed. My truck is one thing. But, my little Ford Fiesta is another. I get about 37 MPG motoring around here, and about 44 MPH on highway trips.

Ken

E-85 is a boon to my business.

$2.52 for regular unleaded here in St Louis again...same price for pure gasoline or up to a 10% ethanol blend. I've not seen E85 for sale around here in over 8 years, but when I sold auto parts, it was sure destroying engines fast.

Woody's smokehouse makes some amazing beef jerky!!!