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Old May 8th, 2011, 01:03 AM   #1561
Miami High Rise
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So the endofamerica92 guy is wrong

But really, it is too because of bin laden. No way in hell it would just coincidentally drop, nearly 20 dollars a barrel, because the dollar gained that much value all of a sudden.
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Old May 8th, 2011, 01:10 AM   #1562
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Quote:
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It's not due to Bin Laden. Neither Afghanistan nor Pakistan are major oil producers.

It's because the dollar gained a bit of ground this week after plummeting to 3-year lows.
Okay, why did the dollar gain then? (Not that anyone really knows....) Something like five cents against the euro in two days, I think.

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So the endofamerica92 guy is wrong
Whozzat?
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Old May 8th, 2011, 01:59 AM   #1563
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It's a conspiracy theorist extremeist who has radio commercials trying to tell you how to protect yourself by investing in something other than the american dollar which he says will lose all value and render the us a third world country. Miami already is and that's where I hear the commercial, telling you to go to endofamerica92.com or something like that.
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Old May 8th, 2011, 03:24 AM   #1564
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Quote:
Originally Posted by Miami High Rise View Post
But really, it is too because of bin laden. No way in hell it would just coincidentally drop, nearly 20 dollars a barrel, because the dollar gained that much value all of a sudden.
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Originally Posted by Penn's Woods View Post
Okay, why did the dollar gain then? (Not that anyone really knows....) Something like five cents against the euro in two days, I think.
Well, the dollar strengthened due to a strong jobs report for April, because of speculation that Greece might leave the Euro, and signals from the European Central Bank that they might not hike interest rates (due to Greece, Portugal) in the near future. Central banks making it more expensive to borrow money can make the value of it go up. The dollar is still around the low levels seen in mid-2008 when gas was last seen at the $4 mark.

Those factors were more important than Bin Laden, which his capture failed to even incite a rally in the stock markets the day after he was said to be captured.
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Old May 8th, 2011, 03:57 AM   #1565
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Sounds good!
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Old May 9th, 2011, 06:19 PM   #1566
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Today "only" 1.29/9 for L Diesel
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Old May 10th, 2011, 05:25 AM   #1567
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Anybody noticing their prices falling yet?

I'm 99% sure diesel is falling here.
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Old May 14th, 2011, 05:23 AM   #1568
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I just did a drive: Philadelphia to D.C. (via I-95, basically), to Carlisle, Pa. (via I-270, US 15 and Pa. 34, basically), then back home (via freeways through Harrisburg, then US 322 to US 30).

It's worth noting that there is, for some reason, a pocket of $3.799 to $3.859 around Ephrata, Pa. (I paid $3.959 in Carlisle, 50 miles before there. Which is what it was in that part of the state two weeks ago when I went to Gettysburg. It was $3.999 in Philadelphia this morning, as it has been for more than a week, if not two). Saw a $4.299 in D.C....

Also, my last two fill-ups I'm getting about 33 mpg, rather than the usual 29. No idea why (obviously I'm not complaining....) Could it be something about the spring formula change? Or else my mechanic did something when I had it in for inspection at the end of April.
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Last edited by Penn's Woods; May 14th, 2011 at 05:45 AM.
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Old May 14th, 2011, 05:31 AM   #1569
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I officially noticed a price fall. At the South Beach, Miami, Florida Texaco it was 4.07 for regular grade, 87 octane gasoline, now it's 3.99, a price drop. This was actually two nights ago.
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Old May 14th, 2011, 05:47 AM   #1570
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I did have the wild theory that there'd been a dramatic price drop during the hour it took me to get from Carlisle to Ephrata. But it's still in the $3.90s farther along. Maybe the Ephrata area got a delivery this afternoon or something.
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Old May 14th, 2011, 10:37 AM   #1571
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Quote:
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Also, my last two fill-ups I'm getting about 33 mpg, rather than the usual 29. No idea why (obviously I'm not complaining....)
probably the weather is warmer
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Old May 26th, 2011, 12:46 AM   #1572
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Definite (and fast) downward trend:

The neighborhood Sunoco station was stuck at $3.999 for regular from late April until late last week; then $3.989 - which is what it was when I filled up there yesterday evening - then $3.959 when I passed on the way to work this morning and $3.919 when I passed just now.

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Old May 26th, 2011, 12:57 AM   #1573
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Fuel prices are definitely dropping here as well. Going by oil price alone it should drop back nearly to where it was at the beginning of the year, around 3.09/gallon
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Old May 26th, 2011, 03:18 PM   #1574
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Meanwhile here in Brazil prices rise. We've reached US$ 6.40 per gallon (1.69 per liter), ultra super high!
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Old May 26th, 2011, 03:39 PM   #1575
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Quote:
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Meanwhile here in Brazil prices rise. We've reached US$ 6.40 per gallon (1.69 per liter), ultra super high!
Could be worse. At best its £4.95 a gallon here in the UK (£1.35 a litre), that's $8.06 a gallon by my reckoning.
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Old May 26th, 2011, 07:05 PM   #1576
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Actually you can get £1.329 round here, not a huge amount cheaper but still I think when you compare it to average local incomes it isn't as bad as those Brazilian prices and nowhere near as bad as Turkey!
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Old May 28th, 2011, 12:22 AM   #1577
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Quote:
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Meanwhile here in Brazil prices rise. We've reached US$ 6.40 per gallon (1.69 per liter), ultra super high!
I saw prices falling these last days, gas around $1.65 per liter and $1.27 for ethanol (R$1.6 = $1).
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Old May 28th, 2011, 12:30 AM   #1578
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At a local Texaco gasoline Station. Regular gasoline at US $0.97 cents a liter. Premium at US $1.03 a liter. Gasoline just a little cheaper at non-major gasoline stations.
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Old May 28th, 2011, 09:10 AM   #1579
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Here in Philippines: $0.96 / L on Diesel & $1.20 / L on gasoline
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Old May 28th, 2011, 10:52 AM   #1580
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Poland - Silesia today:

Euro 95 - PLN 5.01 / € 1.25 liter
Euro 98 - PLN 5,20 / € 1.30 liter
Diesel - PLN 4,83 / € 1.21 liter
Diesel Super - PLN 5,05 / € 1.26 liter
LPG - PLN 2.40 / € 0.6 liter

exchange rate: 1€ = 4,0 PLN
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