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Gas prices? What is everyone paying?

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Penham View Drop Down
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    Posted: November 08 2014 at 12:12am
Gas prices are still continuing to drop. I was just curious as to how much people are paying for gas in their areas? I live in Oklahoma, I paid $2.69 a gallon today.
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hachiban08 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote hachiban08 Quote  Post ReplyReply Direct Link To This Post Posted: November 08 2014 at 6:56am
2.83-2.90 in the upper Central Valley (Northern San Joaquin Valley) of Northern California  -my home area. In the Inland Empire, of Southern California,  I've seen about 3.06-3.10 ish. All as of yesterday lol
Be prepared! It may be time....^_^v
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Post Options Post Options   Thanks (0) Thanks(0)   Quote onefluover Quote  Post ReplyReply Direct Link To This Post Posted: November 08 2014 at 7:04am
$3.09 to $3.27 in Southwest Utah. Ironically it is the least expensive up in SLC around all the IRS headquarters. Interesting. One more way to keep their own employees happy...er. And I mean, when I drove multiple times from Washington state down through Salt Lake Metro, it was as high as $4.05 north of Salt Lake but in through Salt Lake it was as low as $2.75. I think there are 50 to 100 thousand IRS employees in that area.

And it's not just their own employees. They don't want the populace sourounding their many complexes to go into a tizzy. It's the very reason they built their government money collecting empire in the middle of nowhere, far far away from huge population centers in case there are ever real uprisings. Think about it. They are surrounded by mostly Mormons who are not at all the protester type. They are mostly well off and don't tend to make waves in the typical sence. I'm sure Astro has something to say about this...
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Johnray1 Quote  Post ReplyReply Direct Link To This Post Posted: November 08 2014 at 2:13pm
Penham,I live in central WV and I am on the rode every week day taking my wife for Radiation treatments. Gas is running any where from$2.93/gal to $3.05/gal.This is over an area of about 110 miles of Intestate.Johnray1
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rickster58 Quote  Post ReplyReply Direct Link To This Post Posted: November 08 2014 at 2:59pm
Gee, you guys have it good .....

I pay $1.71/ litre - US$5.59 per gallon

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Post Options Post Options   Thanks (0) Thanks(0)   Quote Johnray1 Quote  Post ReplyReply Direct Link To This Post Posted: November 08 2014 at 7:15pm
rickster,that is sad. I would consider a bicycle or a horse.Johnray1
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Jen147 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jen147 Quote  Post ReplyReply Direct Link To This Post Posted: November 08 2014 at 8:00pm
I paid 2.67 the other day.  Middle TN.  Bigger cities like Nashville are going to be more of course.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote KiwiMum Quote  Post ReplyReply Direct Link To This Post Posted: November 08 2014 at 8:06pm
I pay $1.43 a litre of diesel, which works out to be US$4.19. I only fill up once every 4 or 5 weeks, so that's not bad. I have no idea what petrol costs. 
If it is to be, it is up to me.
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Penham View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Penham Quote  Post ReplyReply Direct Link To This Post Posted: November 08 2014 at 8:46pm
Wow Kiwimum, I usually fill up about twice a week, right now with the cheaper gas it cost about $50 to fill up.
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Kay View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Kay Quote  Post ReplyReply Direct Link To This Post Posted: November 08 2014 at 10:08pm
It was $2.67 at Sunoco today.
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Penham View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Penham Quote  Post ReplyReply Direct Link To This Post Posted: November 09 2014 at 8:50pm
I paid $2.49 in OKC today!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Jen147 Quote  Post ReplyReply Direct Link To This Post Posted: November 09 2014 at 8:55pm
Wow!  That was cheap! Thumbs Up
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Penham View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Penham Quote  Post ReplyReply Direct Link To This Post Posted: November 09 2014 at 9:06pm
OKC is always .10-.20 a gallon cheaper than where I live. I live about an hour away.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote hachiban08 Quote  Post ReplyReply Direct Link To This Post Posted: November 09 2014 at 9:58pm
Same with my hometown, Penham. I've noticed gas in my area of Northern CA is always cheaoer than my area in Southern CA. 10-20c then too. Currently 2.81 back home and 2.99 in curremt town
Be prepared! It may be time....^_^v
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Penham Quote  Post ReplyReply Direct Link To This Post Posted: November 10 2014 at 6:01am
I know for here, there is just a lot more competition in OKC, so the prices are always lower.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ASB Quote  Post ReplyReply Direct Link To This Post Posted: November 10 2014 at 12:55pm
In my area gas in the high 2's.

Bear in mind that there are multiple causes for the price we see on the sign. The taxes we pay hardly change. Supply and demand changes a bit from season to season, year to year, and depending on supplies of natural gas and geopolitical conflicts.

However, IMO most of what we are seeing at the pump right now is really the relative strength of the U.S. Dollar compared to currencies around the world. Oil is not cheap as much as the dollar is worth more (for the moment) Price out gas in terms of how much gold it would take to buy and a different picture emerges. In turn the price of the dollar is manipulated and partly effected by the strength of the economy.  Not that our economy is strong but that many of the other economies and many other currencies are worse off. 

Japan, Europe, and the U.S are playing a game of currency wars each trying to make their currency worth less to create a beneficial trade arrangement. Japan is engaged in massive QE right now so at the moment they have the weakest currency (a benefit to a government that is in debt but but not a benefit to all the citizens) Europe is falling apart even though they are not at present engaged in QE easing so their bad economy makes investors less interested in their currency.

The U.S. Government has massive s**tloads of debt and desperately needs the dollar to be worth less in the future so that debt can be paid off with dollars eaten by inflation. They want inflation which means that anyone who saves money loses. If the gov is able to re-establish inflation like they want then the price of gas will go up again. I personally think all the money spent on QE should have been spent on reducing the debt. But then the inflationary pressures would have been more apparent and have shown up much more quickly and probably by now.

IF, that is an IF, interest rates go up some day, and if inflation goes up again, then the risk is that the gov will be unable to restrain inflation to a seemingly low rate. So far inflation has only been reflected in food and past gas prices. Wages are certainly not showing inflation. If the inflation begins to be shown in prices across the board then things could turn Brazilian (see the article some one else posted on these boards). High prices, stagnant or increasing wages, crime, disruption in basic services, crumbling infrastructure. Not the doomsday collapse many people talk about but a challenge to prepare for nevertheless.

Do a little searching on the web and you find tons of advise to buy gold and silver as a hedge against inflation. These are volatile markets and are highly manipulated by the gov. They can set the price anywhere they want it - as long as they maintain control. Your ability to cash in your gold depends on what they set future prices at. On the other hand if they lose control (and that is a very real possibility) then the price of gold and silver (and gas) could skyrocket pretty fast. 

Canned food will probably only be of value to you and it does have expiration dates, but regardless of what happens with the economy, if you store food, you will eat.

How will you know if they lose control? If you see a broader inflation, if you see welfare programs grow at an even faster pace than now, if you see the interest rate go up and the end of lose money policy, then we are closer to a loss of control. It may or may not be preceded by deflation which would of course be responded to with a lose money policy, low rates, and QE.

So if you are astute you will be saying we have seen deflation, we have seen increased welfare programs, we have seen lose money policy, we have seen inflation. Well yes but not bad enough yet. That is the thing about it there will be conflicting signs, the talking heads will be all saying opposite things. You will have to be  a better tea leaf reader than most.

Are we due to suffer deflation? Or maybe inflation? Or maybe one then the other? How about stagflation? Something will probably happen. I don't know which or when.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Penham Quote  Post ReplyReply Direct Link To This Post Posted: December 13 2014 at 7:14pm
$2.18 where I live, can't wait to see what the prices are in OKC when I go there in the morning. I have seen on the news some gas stations are $1.89 and $1.99 in OKC.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote hachiban08 Quote  Post ReplyReply Direct Link To This Post Posted: December 13 2014 at 7:31pm
In my Norcal hometown, lowest is 2.41$, current SoCal location, 2.65$
Be prepared! It may be time....^_^v
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Post Options Post Options   Thanks (0) Thanks(0)   Quote arirish Quote  Post ReplyReply Direct Link To This Post Posted: December 13 2014 at 7:37pm
Arkansas Ozarks 12/13/14 - $2.38! It was over $4.00 a gallon 4 or 5 months ago!
Buy more ammo!
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Penham View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Penham Quote  Post ReplyReply Direct Link To This Post Posted: December 14 2014 at 7:51pm
Woohoo! Paid $1.99 a gallon today in OKC.
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