HUGE oil reserve found...

[Phrozt 10+ year member]

http://www.courant.com/business/hc-oildiscovery0906.artsep06,0,7456436.story?coll=hc-headlines-business

gas prices go up/down/stay the same?

Click to read more...

 

[JimJ 5,000+ posts]

Up...

 

[pwnt by pat 10+ year member]

http://www.kuro5hin.org/story/2003/4/20/201246/566

 

[Brock 5,000+ posts]

just what we need //content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif

 

[OneKrazyKeebler 10+ year member]

I think it will not affect too much of anything.

It was because of katrina the gas prices went sky high and then they stayed there, went back down, went up, went down.

No matter what happens with this reserve, gas prices will not be affected too much IMO.

That is alot of oil, but that is just another way to get the companies rich.

I think it is awful that everyone is now almost used to the price of gas being where it is now.

All in all, Im tired of high gas prices and the more people see that fossil fuels are running out, the more they will rise. Sux for everyone.

Anyway, that is just my 2 cents.

 

[nVRuckus 5,000+ posts]

well I heard weeks ago they expected prices to be down to $2 a gallon by the new year. its been dropping the last 2 weekd here from over $3 to $2.68 thus far.

 

[Brock 5,000+ posts]

it went from $3.15 here in august to around $2.35 now

 

[pwnt by pat 10+ year member]

I was told ~2-2.25 by end of january

 

[Twistid 5,000+ posts]

and it won't help lower prices at the pump anytime soon, analysts said

its in the freakin article //content.invisioncic.com/y282845/emoticons/uhoh.gif.c07307dd22ee7e63e22fc8e9c614d1fd.gif

 

[Lowjacker 10+ year member]

Well, seeing as how the oil companies profit margins were lower than they've been in years I'm guessing a larger profit margin will be needed to keep all of their employees employed.

From what I've heard gas prices are supposed to reach $2.00 by thanksgiving..... but who knows

 

[9512ds 5,000+ posts]

gas is 2.35 here...

woot

 

[Phrozt 10+ year member]

http://www.illinoisgasprices.com/index.aspx?s=Y&fuel=A&area=Decatur&area=Galesburg&station=All+Stations&tme_limit=24

checking where I live (decatur) and my home town (g-burg)

We saw around 3.15-3.20 at high points:

http://www.illinoisgasprices.com/retail_price_chart.aspx (general IL chart, not specific to my area)

 

[TypeRBass 10+ year member]

yeah went from $3.30ish here down to $2.88 last night...yet in southern IL its cheap as all fack...and in indiana its cheap as fack. and i'm stuck in the high prices, suckage. hopefully it goes down again today, that would be swell.

 

[skmfkr 5,000+ posts]

i never saw it over $3 here this summer last aug i was like 3.20, i think the most i paid recently was maybe 2.95, its like 2.61 here now

 

[mannyb18b]

Sacramento is around 3.15 for premium. Frisco and other places get to around 3.40