kubikulann
kubikulann
Joined: Jun 28, 2011
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June 1st, 2014 at 7:01:00 AM permalink
I have not read all twelve pages of this thread, so excuse me if I repeat something said before.
I need some structure to make sense of the info. I definitely am not going to sift through all posts, but it might be more readable if each participant just filed in a line in a table like this. Just quote and insert your row at the appropriate rank of price.

U.S.
Place 1, CA $1.30 /gallon
Place 2, NV $3.20 /gallon
Place 3, PA $5.38 /gallon
Elsewhere
London, UK £1.20 =$2.30 Litre
Christchurch, NZ NZD 3.10 =$2.50 gallon
Mexico Peso 55.3 =$3.60 Litre


I totally made up the figures, of course.
Reperiet qui quaesiverit
1BB
1BB
Joined: Oct 10, 2011
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June 1st, 2014 at 8:08:17 AM permalink
It was $4.59 a gallon for regular in Greenwich Ct yesterday. Some of our cars require premium.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
teddys
teddys
Joined: Nov 14, 2009
  • Threads: 150
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June 2nd, 2014 at 3:25:55 PM permalink
Quote: reno

UPDATE: Turns out that the size of California's shale oil reserves have been drastically exagerated. The new estimate is that 600 million barrels of oil can be extracted with existing technology, far below the 13.7 billion barrels once thought recoverable, the U.S. Energy Information Administration said. (That's a 96% downgrade. Oops.) Prior to this downgrade, the much-publicized Monterey formation accounted for nearly two-thirds of all technically-recoverable US shale oil resources.

I was surprised to find out there is still oil being recovered directly underneath urban Los Angeles. There are producing oil wells in Beverly Hills, for example.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
DRich
DRich
Joined: Jul 6, 2012
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  • Posts: 6293
June 2nd, 2014 at 7:15:35 PM permalink
I fiilled up today for $57 for 15 gallons of mid-grade(91).
Living longer does not always infer +EV
EvenBob
EvenBob
Joined: Jul 18, 2010
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October 14th, 2014 at 8:12:14 PM permalink
Oil dived more than $4 a barrel on Tuesday, its biggest drop in more than two years as mounting evidence of slackening demand and unrelenting U.S. shale output"

2.85 here, goes down every day. Shale is finally
starting to pay off, despite the Libs total opposition
to it.
"It's not enough to succeed, your friends must fail." Gore Vidal
coilman
coilman
Joined: Jan 29, 2012
  • Threads: 129
  • Posts: 1083
October 14th, 2014 at 9:10:08 PM permalink
Quote: EvenBob

Oil dived more than $4 a barrel on Tuesday, its biggest drop in more than two years as mounting evidence of slackening demand and unrelenting U.S. shale output"

2.85 here, goes down every day. Shale is finally
starting to pay off, despite the Libs total opposition
to it.




Things have changed in oil wells so much in the past 10 years. Some of these wells out here are pushing 6 km in total length thats what 3.7 miles from where the wellhead is to the end of the well. The most ZONES I can recall on any well I worked on was 28. A zone being a different area of the pipe that has been opened up and frac'd ( pumping water sand and some chemicals down the well to that zone to fracture the ground and fill the cracks with tons of sand....the water comes back out but most of the sand stands in place which provides a area for the oil or gas to flow to the well pipe) This allows them to cover a bigger area of the shale with a single well.

Price keeps dropping its going to slow the whole industry down in Western Canada and the US of A.

Last I saw gas here in Red Deer Alberta was 1.12 a L that works out to $3.90 US per US gallon for us.... expensive because we pay about $1.50 Can per US gallon in taxes (free healthcare you know)
RonC
RonC
Joined: Jan 18, 2010
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October 15th, 2014 at 3:39:33 AM permalink
Regular gas here in Southeast Texas is at $2.93-$2.99 in most places. It goes up as you get into the city of Houston.

High oil prices have helped the Texas economy keep moving; there is some price level that would cool things off a bit.
AZDuffman
AZDuffman
Joined: Nov 2, 2009
  • Threads: 221
  • Posts: 11772
October 15th, 2014 at 3:45:13 AM permalink
Quote: teddys

I was surprised to find out there is still oil being recovered directly underneath urban Los Angeles. There are producing oil wells in Beverly Hills, for example.



A guy who knew told me there are gas wells in downtown Pittsburgh.

Or there is this..

All animals are equal, but some are more equal than others
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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October 15th, 2014 at 3:55:38 AM permalink
Quote: RonC

Regular gas here in Southeast Texas is at $2.93-$2.99 in most places. It goes up as you get into the city of Houston.

High oil prices have helped the Texas economy keep moving; there is some price level that would cool things off a bit.

$3.19 and a free coffee. All over Vegas.

I consider that a fair price especially after paying almost $5.

In 1997 I was paying $3.40 for the 103 octane for my sports car(I don't see it sold anymore). Everybody bitches when its high but no one ever says anything when its a fair price. They just say how they remember paying 70 cents a gallon.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
Romes
Romes
Joined: Jul 22, 2014
  • Threads: 27
  • Posts: 5488
October 15th, 2014 at 6:31:00 AM permalink
Gas was down pretty low this week in the NorthWest. I filled up for $3.06/gal, but it shot up to $3.16 yesterday.
Playing it correctly means you've already won.

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