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September 15, 2011

World’s Cheapest Gas

 

For one thing, you will have to move out of the US. Here is where you can find the world’s cheapest gas. (There are probably no surprises)

  • 1. Venezuela – $0.18/gal.
  • 2. Saudi Arabia – $0.48/gal
  • 3. Libya – $0.54/gal
  • 4. Turkmenistan – $0.72/gal
  • 5. Bahrain – $0.78/gal
  • Road trip anyone?

    Filed under:Fuel cost,Gas price | by Pump Girl @ 11:06 am | 

    September 14, 2011

    Summer Gas Demand Lowest Since 2003

     

    People were driving less. Demand was 1.8% lower than 2010. Prices averaged $3.62/ Gal. What happened (or didn’t) this summer?

    Oil came off its highs in May, and drivers were hopeful, but gas prices some how got out of lock-step.

    Gasoline demand keeps falling, and now finally US gas futures are starting to show a drop.

    Filed under:Fuel cost,Fuel Economy,Fuel Price Trends,Gas price | by Pump Girl @ 5:44 pm | 

    September 12, 2011

    Why Aren’t Gas Prices Coming Down?

     

    Experts predicted that gas prices would be falling by mid-
    Sept.

    We are here, but gas prices are not. Ave. prices were supposed to be in the neighborhood of $3.35/gal. but instead are more like $3.65.

    The hurricanes are done. Summer driving season is over. Gas prices are stubbornly resisting a sag.

    Filed under:Fuel cost,Gas price | by Pump Girl @ 6:50 pm | 

    September 9, 2011

    Republican Candidates Mention Gas Price

     

    The subject near and dear to my heart was mentioned briefly in the Republican candidate debate on Wed. night.

    Michelle Bachmann noted that gas was $1.79/gal when Obama took office, and she says it’s possible to get back there. (News Flash Rep. Bachmann: Gas was $0.35 when I bought my first car. Kept hoping we would get back there, but..)

    Don’t forget the day that President Obama took office, gasoline was $1.79 a gallon. It’s entirely possible for us to get back to inexpensive energy.

    Gov. Huntsman from Utah said we are paying for more than just the gas of gas when we fill up our tanks. The price includes tax shipping and handling, so to speak.

    When you add up the cost of troop deployments, when you add up the cost of keeping the sea lanes open for the importation of imported oil, the bulk and distribution and terminaling costs (ph), it’s $13 a gallon, so says the Milken Institute.

    All agreed $2 gas would be better for everybody and better for the economy.

    Get real people! $2, $3, $4 gas at a price over which we have no control or guarantee! I’d just like to know what it will be so I can budget and plan the rest of my life. Let’s hedge.

    Filed under:Fuel cost,Fuel Cost Control,Fuel Price Hedging,Fuel Price Trends,Gas price,Hedging | by Pump Girl @ 11:18 am |