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#9415977 12/12/14
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What the heck is going on? I fueled up Wednesday night and paid $3.39 and thought I did good. I see today that it is $2.99 by the house and as low as $2.79 a few miles away!

How does it drop 40+ cents in two days?

What are you'all paying?


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Haven't fueled up lately but will have to check. Idaho blows for fuel prices.


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Campfire Kahuna
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Oregon blows too. Still over $3 here. I use a cardlock so don't track prices closely since they're not posted on the commercial pumps.


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Still averaging around 3.40 here in Yuma.


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The markup price margin is being narrowed quickly right now in certain areas. Remember what it was - less than gasoline - before all of the stupididty took hold?

In winter diesel is more in demand due to home fuel being close in the cracking scale and pricing of diesel not as volatile as gas - sales volume is lower. But, it will come down more in some areas. It seems more appealing for them to keep refineries running steadily with normal production and to lower the price than it is to deal with slowdowns and crude backups.


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Oil is tanking.. below $60 a barrel now.

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Dennis, where did you see it cheaper, it's 3.39 by my house and I have to fill the tank tomorrow.

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To those that think cheap fuel is good, well, you'll see.


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Stock market is already starting to spook.

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krp Offline
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Originally Posted by EdM
To those that think cheap fuel is good, well, you'll see.


That's funny chit...

Kent

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Yes it is...


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krp Offline
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I knew you weren't serious...

Kent

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Cheap fuel will hand it right back to the Saudi's. It'll wipe out a lot of very good paying jobs here in the USA. It's nice to pay less at the pump, but you have to look at the big picture.

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Originally Posted by Calvin
Cheap fuel will hand it right back to the Saudi's. It'll wipe out a lot of very good paying jobs here in the USA. It's nice to pay less at the pump, but you have to look at the big picture.


Exactly

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Campfire Kahuna
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$3.80 here


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Out here gasoline is dropping but Diesel is staying put in the $3.90 range, $1.20 more per gallon than gas.

Remember when diesel used to be cheaper than gas?







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krp Offline
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Oil is the 'bubble' of flavor this time around, housing, metals... it's the same circle. Anyone not understanding the rise and crashes in any of those markets hasn't paid attention. It'd be nice if prices for any of those products were stable, not to high or not to low. But that's not how any of those markets work.

Fuel has been too high for too long, it'll go low then back move up, same as the house markets, those working in these fields better understand or it's their own fault for being stupid.

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I don't get why people keep saying that it was costing $100 to fill up my truck now close to $60 I have $40 bucks in my pocket.


Originally Posted by Bricktop
Then STFU. The rest of your statement is superflous bullshit with no real bearing on this discussion other than to massage your own ego.

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Monday we drove back from our Texas lease it was $3.39 in Texas and $3.67 locally... today in Woodland Hills CA it was down to $2.99


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Well said Kent.

I paid $3.29 a gallon in Carlsbad, NM this morning. Seems to be a bit higher in the Pecos area.

Heard today more companies are laying rigs down or cancelling orders. Had a vendor come in and tell me they're lowering rental prices by 15% to beat the rush. Rig cost went up $1,000/day in November on a contract. Be interesting to see if they offer to cut their price.



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