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Gas Prices
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jt09
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PostPosted: Oct 14, 2014 11:35 am    Post subject: Reply with quote

ohsix, i am still there, and now that we're integrating with salesforce, the opportunities are getting bigger. i'm in charge of the service company vertical now, so as long as the whales don't get extinct, i'll be good.

damn pet575! i was stoked to see $2.95 around here!
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eeven73
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PostPosted: Oct 14, 2014 11:47 am    Post subject: Reply with quote

Still 3.45 here. WTF.

I was talking to a gas retailer(stations/cstores) and I guess the margin in the retail gas world is unreal right now. Retail isn't keeping up(down) with barrel.

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chavez
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PostPosted: Oct 14, 2014 11:53 am    Post subject: Reply with quote

eeven73, we are at 3.29-3.35 in the Sacramento area. Some stations still gouging at 3.5x. Bay area still >3.45
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RampageWake
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PostPosted: Oct 14, 2014 12:15 pm    Post subject: Reply with quote

$2.64 here in NW Houston. Anyone wanna bet it doesn't hit $3.00 before Jan '15? Laughing Laughing

I heard a certain super-major was cutting back 15% or so across the board in most of their business units due to profitability concerns this summer, esp. onshore. I'm sure this slide won't help. Their deepwater exploration group is where my wife contracts a lot of work but they do not appear as susceptible as onshore development/exploitation.

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eeven73
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PostPosted: Oct 14, 2014 12:17 pm    Post subject: Reply with quote

Quote:
Anyone wanna bet it doesn't hit $3.00 before Jan '15? Laughing Laughing


I lol'd

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PostPosted: Oct 14, 2014 2:01 pm    Post subject: Reply with quote

$2.93 here in the OKC area.
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jryoung
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PostPosted: Oct 14, 2014 2:02 pm    Post subject: Reply with quote

Domestic oil production up 70% since Obama took office....THE HORROR! Laughing
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PostPosted: Oct 14, 2014 2:29 pm    Post subject: Reply with quote

2.79 for "country gas" where i live, down near work its still 2.9x
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eeven73
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PostPosted: Oct 15, 2014 7:22 am    Post subject: Reply with quote

jryoung wrote:
Domestic oil production up 70% since Obama took office....THE HORROR! Laughing


Think were it would be if he hadn't nuked Keystone XL.

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E.J.
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PostPosted: Oct 15, 2014 7:50 am    Post subject: Reply with quote

$2.99 at Costco, but mid $3.20's at regular stations....
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jryoung
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PostPosted: Oct 15, 2014 8:53 am    Post subject: Reply with quote

E.J. wrote:
$2.99 at Costco, but mid $3.20's at regular stations....

and a 30 minute wait. Laughing

The most gas tanks are 12 gallons, I don't get why people will sit and wait in line for 20-30 minutes for $2.50.

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E.J.
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PostPosted: Oct 15, 2014 9:21 am    Post subject: Reply with quote

jryoung wrote:
E.J. wrote:
$2.99 at Costco, but mid $3.20's at regular stations....

and a 30 minute wait. Laughing

The most gas tanks are 12 gallons, I don't get why people will sit and wait in line for 20-30 minutes for $2.50.


Never had to wait for more than a few minutes at most, if even a wait, at Costco? That said, I can't get diesel at Costco, so only fill up the wife/son/boat there....
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jryoung
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PostPosted: Oct 15, 2014 9:37 am    Post subject: Reply with quote

I'll have to take a picture next time I roll by the Santa Clara Costco, the lanes are all 10-15 deep sometimes, I don't get it.
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E.J.
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PostPosted: Oct 15, 2014 9:39 am    Post subject: Reply with quote

jryoung wrote:
I'll have to take a picture next time I roll by the Santa Clara Costco, the lanes are all 10-15 deep sometimes, I don't get it.


That's nuts and I agree, I'm not waiting in line for 20 minutes to save $5...
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eeven73
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PostPosted: Oct 15, 2014 9:47 am    Post subject: Reply with quote

^ this has always baffled me. Especially when it was for .03-.05$ per gallon to fight your way across town.
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ohsix
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PostPosted: Oct 15, 2014 10:51 am    Post subject: Reply with quote

I never pay attention to gas prices. I pull in where it's convenient and fill up. I figure the biggest differences across a city are probably $.20/gallon at most. Even at 30 gallons that's only $6. It's not that I think I'm super important or anything, but I wouldn't go an extra stop light to save $6 on a $90 purchase as I feel like my time and effort is worth more.

Occasionally when traveling people will ask what gas costs where I live. I have no idea. Gas is kind of like health care to me. When you need it, you just pay what it costs.
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PostPosted: Oct 15, 2014 11:50 am    Post subject: Reply with quote

i always notice the price for regular driving around town, but i couldn't tell you what i pay for the 93 that i put in my wrx. seems like our signs around here show regular and diesel prices but not premium. when i bought my car, i planned for $4/gallon. i haven't paid that in quite a while now.
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chavez
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PostPosted: Oct 15, 2014 12:21 pm    Post subject: Reply with quote

I drove less than a mile the other day to save about $7. But I was already going to In-N-Out next to that gas station. I assumed that the station I was originally headed to was cheaper. Once I saw the sign, I diverted. Paid for my #1 combo. Cool
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PostPosted: Oct 15, 2014 12:49 pm    Post subject: Reply with quote

jryoung wrote:
E.J. wrote:
$2.99 at Costco, but mid $3.20's at regular stations....

and a 30 minute wait. Laughing

The most gas tanks are 12 gallons, I don't get why people will sit and wait in line for 20-30 minutes for $2.50.


I've never understood waiting or driving across town for as little as you can save.

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PostPosted: Oct 15, 2014 12:51 pm    Post subject: Reply with quote

In-N-Out.....yummmmm


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boardordie
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PostPosted: Oct 24, 2014 4:11 am    Post subject: Reply with quote

$2.82 here in Ohio

GasBuddy app for the win! I drive 30 miles each way to work on I75 that cuts through 5 towns... I have the app programmed so I can quickly look through the gas stations right off the highway and pull into the cheapest.
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jt09
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PostPosted: Oct 24, 2014 4:42 am    Post subject: Reply with quote

how do you do that boardordie? i use the app occasionally, but only thing i do is flip between "closest" and "cheapest". i'd love to know how to program it to search along a route, especially when i'm going in between aus-hou. especially since my taco is getting 3-4 less mpg than my 4runner Evil or Very Mad
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PostPosted: Oct 24, 2014 5:07 am    Post subject: Reply with quote

I saw 2.59 yesterday here (Smith Mtn. Lake, VA) Shocked Mr. Green
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PostPosted: Oct 24, 2014 5:16 am    Post subject: Reply with quote

our prices here in town are always the highest around. wed afternoon it was 3.07 when i left town. i saw 2.85 on the way down to bloomington. on the way back, everywhere had jumped. we paid 3.09 at a place that is always the cheapest. when we got home it was back up to 3.19.
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boardordie
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PostPosted: Oct 24, 2014 9:55 am    Post subject: Reply with quote

jt09, You can do what you're talking about to some extent on the gasbuddy website but not the app. The website lets you put in all the variables for your trip (multiple destination) and vehicle (fuel tank size, mpg, etc...) and starts you with a full tank and calculates where you'll need to fill up and finds the cheapest price. Unfortunately if your gas tank is larger then what your trip needs it just states you won't need to fill up. Mad

I just have the list of the cities I'm going through on the app and flip to each city and see who's cheapest. Your idea would be an awesome addition to the app.
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jt09
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PostPosted: Oct 24, 2014 10:19 am    Post subject: Reply with quote

waze and gasbuddy need to do some partnering...
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chavez
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PostPosted: Oct 24, 2014 10:24 am    Post subject: Reply with quote

^agreed. I have not found Waze's gas price feature to be particularly useful.
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RampageWake
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PostPosted: Dec 04, 2014 8:02 pm    Post subject: Reply with quote

$1.99 in OKC
Not real good for my line of work. Wife got laid off and we just blew our savings on a waterfront home in our marina. Oh well, it's only money -- till you run out! Smile

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PostPosted: Dec 04, 2014 8:08 pm    Post subject: Reply with quote

Wow, 1.99! We just dropped from 2.49 to 2.29. I'm one happy driver.

Time for a roadtrip. Mr. Green
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PostPosted: Dec 05, 2014 5:27 am    Post subject: Reply with quote

2.74 at the bottom of the hill on my way in to town this morning. Confused
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PostPosted: Dec 05, 2014 5:30 am    Post subject: Reply with quote

$2.39 by my house. Don't mind filling up the wife's car right now.

As far as work, I don't think I will be affected by the price drop work wise - at least not for a while. Most projects I'm on are in the $8 - $30 billion range and take years to complete.

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PostPosted: Dec 05, 2014 8:00 am    Post subject: Reply with quote

goofyboy wrote:
$2.39 by my house. Don't mind filling up the wife's car right now.

As far as work, I don't think I will be affected by the price drop work wise - at least not for a while. Most projects I'm on are in the $8 - $30 billion range and take years to complete.


If it goes down alot further the "money" behind the 8-30 billion dollar projects are going to get itchy.

"Hey operating company we want your share to be another billion"

"um we don't have a spare billion laying around"

"Were out"

think Fountainbleu in Vegas. There is several billion dollars sitting there rotting.

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jt09
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PostPosted: Dec 05, 2014 8:26 am    Post subject: Reply with quote

http://florida.newszap.com/clewiston/136525-113/clewiston-gas-station-sells-29-cent-gasoline-after-mistake

On Wednesday, Nov. 5, a gas station clerk in Clewiston incorrectly input the price of gasoline at the store’s main control, effectively sending the price of gas back to 1950s levels, when the cost of gas averaged just .29 cents a gallon.

What ensued was a mad rush by residents who learned, through friends and then later on social media, about the pricing snafu, and hurried to fill up the tanks of their own vehicles before the mistake could be corrected.

On Facebook, people bragged about filling their tanks – others saddened for having missed out on the pricing oddity. One man boasted about going back at least seven times with different vehicles.

For store employees, the behavior of a group of customers that took advantage of the pricing mistake was a sobering disappointment. With the station selling gas for .29 cents per gallon, or about 10 percent of the actual cost of $2.89 per gallon, no customer walked in the store to rectify the situation.

“Nobody, nobody [notified us],” lamented Saidul Hoque, a store employee. “Not a single person.”
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PostPosted: Dec 05, 2014 8:34 am    Post subject: Reply with quote

jt09 wrote:
“Nobody, nobody [notified us],” lamented Saidul Hoque, a store employee. “Not a single person.”

look out the window, dumby wumby. there's got to be a reason cars are lined up around the block.
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chavez
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PostPosted: Dec 05, 2014 8:51 am    Post subject: Reply with quote

Industry guys: thoughts on the Saudi influence here?

From my outside view, it seems if they wanted to kill shale, they probably should have done so some time ago.

http://www.businessinsider.com/citi-saudi-arabia-wont-win-this-oil-standoff-2014-11

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