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Old 07-15-2015, 11:52 AM   #81
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Unleaded is $2.42 and Diesel is $2.57
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Old 07-15-2015, 11:53 AM   #82
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At $2.50 per gal for unleaded, gas stations are still making >40% gross margin. Refining capacity is still being artificially restricted in the United States. I think prices will continue to fall in the US this year, in fact $1.99 gas is not out of the questions.

Considering that two new refineries came online in Q2, and a strike ended in St Louis in April, I think we have plenty of domestic capacity. I doubt that Iranian oil will make it to the USA anytime soon, but China and India will buy it ASAP. That probably means that our prices will continue to fall.

Personally, I think $2.50 a gal is artificially high as it is.
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Old 07-15-2015, 12:26 PM   #83
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Diesel - Allen Texas $2.25, Oklahoma City $2.23 per gallon
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Old 07-15-2015, 12:34 PM   #84
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Around $1.09 a liter here in Edmonton Alberta
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Old 07-15-2015, 12:48 PM   #85
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Around $1.09 a liter here in Edmonton Alberta
I guess 1.04 a litre is pretty good for Ontario! You make it there too!
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Old 07-17-2015, 04:57 PM   #86
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$2.37 / gal here in L. A.
(That's Lower Alabama)
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Old 07-17-2015, 05:04 PM   #87
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7/11 in Allen $2.21 Diesel. Filled up today. Funny but most of the others here are Diesel $2.59
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Old 07-17-2015, 05:21 PM   #88
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Socal lost a refinery a couple months ago and our reserve in nill so it went up 69c in a week. Regular $4.25 Yet diesel was around $2.95 and dropped 4c yesterday. Who knows.
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Old 07-17-2015, 07:13 PM   #89
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Socal lost a refinery a couple months ago and our reserve in nill so it went up 69c in a week. Regular $4.25 Yet diesel was around $2.95 and dropped 4c yesterday. Who knows.
Damn!!! Hasn't been over 4 bucks in Michigan in a very long time.

Nice Model A you got there. I had a Perrywinkle blue 29 street rod. I should have never sold it.
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Old 07-17-2015, 07:29 PM   #90
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Thanks Stovebolt.Perrywinkle blue almost a lavender. Nice color

If i keep having to put money in it i'll sell it also.
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