by Bill Simon
Wow! I paid $2.34 today for a gallon of regular unleaded at the QT on Barrett Pkwy near 575.
Last night when I was in DeKalb County, the price was around $2.38 per gallon.
Two weeks ago I paid $2.99 per gallon. Too bad there was no way to short retail gasoline…I would of made some good cash!
I scrambled to the top of the precipice where Nick was waiting. 'That was fun,' I said. 'You bet it was,' said Nick. 'Let's climb higher.' 'No,' I said. 'I think we should be heading back now.' 'We have time,' Nick insisted. I said we didn't, and Nick said we did. We argued back and forth like that for about 20 minutes, and then finally decided to head back. I didn't say it was an interesting story.
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September 13th, 2006 at 6:14 pm
The wholesale price of unleaded gasoline closed at $1.55 and crude close to $64.00. The price will drop under $2.20 in bout two weeks due to the hedge funds getting out of the market. I must admit the race to $100 a barrel was close but I was happy to see mother nature throw the investors in the futures market a curve ball. The lesson learned never f*** with mother nature. The market will test the $60 mark over the next week which should be fun to watch the barrel price go up and down. If Iran and Nigeria get up to speed and calm down wow watch the market tank and prices drop to $50 where it was at the start of the year. The old floor of $35 a barrel is gone lets hope the new money who speculates will not keep the price above $60. If one wants to keep up with the price of crude and other commidites and learn some global lessons click on http://www.bloomberg.com you may learn something.
September 16th, 2006 at 12:54 am
This is old news.
Today, $2.21 / gallon all over Wade Green Road (thanks to the RaceTrac).
September 17th, 2006 at 4:21 pm
There was a 4-day difference between my post and your $2.21/gallon gas, Chris.
September 17th, 2006 at 4:32 pm
I drive to work in Buckhead then home to Woodstock and I swear it takes longer for it drop in Woodstock then Buckhead. Cobb always had the cheapest gas but heck its hard to imagine we are throwing parties paying $2.21 lets wait until it drops to $1.70 then have a party.
September 20th, 2006 at 2:20 am
Bill Simon,
What is the last price you have seen it seems they are stuck at $2.20.
September 20th, 2006 at 9:23 am
I’ve only seen $2.22…amazing isn’t it?
Exxon might be filing for bankruptcy soon at these price levels.
September 20th, 2006 at 5:37 pm
I have found 2.17. I wonder if the price will jump once the new gasoline contract on the NYMEX starts up which will replace the MTBE contract. The actual price we should be paying now with the added tax for Federal, State and local is $1.70 to $1.80 so Exxon does not have to file for bankruptcy.