How much did you pay for gas today?

Paid $2.02 today. Wanted to cry tears of joy.

 

It was $1.98 for me; $23.45 for a tank.

 

I saw $2.03 today and, by the time I go tomorrow to fill up, am betting it will be $1.99. I'll be taking a pic to text to a few people if that happens (specifically my buddy who, in early October, wanted me to take a pic of $2.97 gas). ;D

 

I did that last night, Ducky. I saw $1.99 and sent a picture to my brother-in-law, who's still filling up at $2.60 in New York.

Sucker.

 

I don't disagree with you on the long-term rise ... of course it's going to rise.

But $200-a-barrel in 2030 is much more palatable than $200 at the end of this year, which was the song you were singing back in June, even when it was clear we were headed towards some form of recession that would affect supply-and-demand and/or that the price of oil was artificially inflated way beyond the point of what the market and consumers could bear, i.e. a bubble, which turned out to be true.

And that's not to say that oil won't go to $200 before 2030 either, but would you have predicted sub-$2-per gallon gas prices in November back in June? I doubt it, I doubt anyone would have.

 

$2.08 in the city {/eagles}

 

don't have to fill-up yet, but saw the Quick-Chek by me was selling gas for $1.979. For those outside the NY/NJ area, Quick-Chek is a convenience store like Wawa.

 

Saw this in the STL P-D and thought it was interesting:

FAIRVIEW HEIGHTS — How can somebody sell gasoline for almost $4 a gallon while the prevailing price is about half that?

It isn't easy, Gene Quayle will tell you at his Q Gas and Service at 9109 St. Clair Avenue in the French Village area. His posted price Friday was $3.899.

A Phillips 66 less than a mile away was selling it for $1.949.

"The price of gas dropped so quickly that it's just been kind of fruitless for us to sell it at below our cost," said Quayle, who last filled his tanks months ago, when the wholesale price was near $4.


Most of his independent station's business is in auto repairs and towing, and he said he isn't prepared to take a loss on the small income he gets from gasoline.

 

$1.89 here in South Carolina.

 

I'm not denying any of that. Not one bit. What I'm calling into question is what you had originally posted back in the summer.

It was more than just one post. I read the $200-a-barrel thread, and yes, you had some caveats, etc., thrown in there, but the basic thrust of what you were continually writing was that we were headed for imminent energy doom-and-gloom.

And when someone pointed out that it was either a bubble, or, that the economy itself would diminish to the point where supply-and-demand dictated a drop in price, you soldiered on. Fine. No biggie. Everyone's got a right to their opinion. But I think it's a little bit much to suggest it was just one post, you were ringing the alarm bells for more than just that.

It's like writing a book about How To Give The Perfect Blow Job. You can put caveats and disclaimers in the book about how the perfect blow job won't work if the giver has an overbite, or if the giver's tongue is too scratchy, or if they bite too much or if the blowee's dick is too big.

You can caveat yourself to death, but the bottom line is, your whole book, the whole theme your basing your thoughts on is How To Give The Perfect Blow Job. If you fall back on the caveats and poo-poo the central theme of your book (or posts in this case), it comes off as revisionist.

Besides, I think it's less prescience and more inevitable to predict that energy prices will go up. Of course they'll go up, everything goes up. It's a matter of how that price rise fits within the scope of the economy at the time. If we're averaging $200-a-barrel in 2030, that will suck, but who knows what $200 will mean in 2030.

 

2.01