2020 Gas Prices

Filled up last Wed for $2.64, its down to $2.59.

I don't think us west coasters are going to see gas prices fall like they are elsewhere, I will be shocked if we get under $2
 
$1.64 here in Southern Missouri. I thought it was cheap till I came here and saw what others are paying. Though up the road in springfield is typically about 15 cents less.
 
Futures at minus $37 a barrel today!!!!!! o_O So if you want to move some oil, you have to pay the buyer to take it.

1.89 in my area yesterday.
If this hold true gas could be less than a dollar in some places. Better watch out in California, they for sure will raise the gas tax pronto.

I can get 65 gallons of gas in my gas cans, when it hits $1.00 I am filling them up.
 
A few places in Michigan are under a buck, then there this place.
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$1.62 is the lowest around, lots of stations are in the $1.70-75 bracket
 
Still sitting above $2, but not by much, I filled up last week for $2.07( actal price was $2.17, got 10cents off PG)

Edit*, just checked, the local Sams Club is at $1.99, everywhere else in my area is sitting around $2.07
 
It has been $1.99/9 for two weeks now, here in Highlands County Florida, as a matter of fact every gas station I have seen has this price, can anyone say "Price Fixing".
 
It had stayed $2.95 at my local station for about a month and then it just dropped to $2.85 this past week.
 
Prices going up everywhere around here. Paid $1.83 Sunday night and the same station is sitting at $2.05 this morning.
 
Here in SOC also. My local station had stayed the same since early Nov and then has changed prices around 4 times in the past couple of weeks.
 
FWIW, last time I got gas was $2.26 a gallon in late December or early January. Today, around the corner from my house, $2.06. South Carolina, which is supposeldy cheaper because it's a red state, $2.32.
 
Up to $2.19 at my station. Jumped ten cents from Sunday, up 36 cents from five weeks ago.
 
This is just the start of a massive gas price hike. The US closed tons of oil wells due to COVID and lack of demand. Those things don't just spring back up overnight as demand recovers. People are going to be travelling massively this summer with vaccinations well underway and a return to some normalcy. Oil supply simply will not keep up with demand. Sure, some oil wells will come back on-line...but many will not. Why? The big gas/oil companies profit more when prices are higher, so they'll keep supply artificially low. But moreover...quite a few smart people believe 2019 was the year of "Peak Oil" across the globe, and that demand will only decrease as time goes on. So why bring up the supply when you know you'll be cutting it back in the somewhat near-term?

And I know this ain't the Podium but I doubt the current administration has any interest in trying to keep gas prices low as they want all us driving electric cars and preach about "zero emissions" and "reducing our carbon footprint". Now these are great things of course in the long-term but there's going to be SERIOUS pain at the pump til we all get on that bandwagon.

The current price hike is because of recovering demand with COVID but also all the disruptions to the supply down in Texas, and the fact that much of the US is having a colder than normal winter, increasing the demand for heating oil.

I'm not thrilled about all it. Over the summer I traded in my compact sedan for an old Rav4... gets about 8-10mpg less than the Hyundai I had. Truthfully I consider myself relatively in-tune to the whole marco situation but I think prices will spike much higher than I had thought. Prices for regular gasoline are going up 3-5 cents a gallon every single week. Come summer we'll be at a $3 national average at least. Ouch.
 
Bout to see another big swing. She dropping like a rock!

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