Oil prices dip; gasoline prices don't

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Oil prices dip; gasoline prices don't Friday, July 18, 2008
Shreveporttimes.com -- The price of crude oil has fallen by $14 the past three days to about $130 a barrel, but that doesn't mean drivers are getting a break at the pump. The lowest gasoline prices around town have been about $3.84 a gallon for regular unleaded, seen at the Clark station at Youree Drive at Southfield Road in Shreveport and Murphy USA at Wal-Mart on Bert Kouns Industrial Loop in Shreveport. The price is down 2 cents to 3 cents from earlier this week.
Visit Shreveporttimes.com for full article

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JT Moderator	Message Posted: 7/18/2008 11:58:24 AM	Ignore JT Report Abuse
	Friday, July 18, 2008 Shreveporttimes.com -- The price of crude oil has fallen by $14 the past three days to about $130 a barrel, but that doesn't mean drivers are getting a break at the pump. The lowest gasoline prices around town have been about $3.84 a gallon for regular unleaded, seen at the Clark station at Youree Drive at Southfield Road in Shreveport and Murphy USA at Wal-Mart on Bert Kouns Industrial Loop in Shreveport. The price is down 2 cents to 3 cents from earlier this week. Visit Shreveporttimes.com for full article

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SHEP20715 All-Star Author Maryland Posts:658 Points:113,805 Joined:Nov 2007	Message Posted: 7/20/2008 1:26:59 AM	Ignore SHEP20715 Report Abuse
	The price is down 2 cents to 3 cents from earlier this week.
EBR Champion Author Greensboro Posts:12,290 Points:1,584,730 Joined:Mar 2004	Message Posted: 7/19/2008 11:13:08 AM	Ignore EBR Report Abuse
	Remind me again about the Bushand Cheney families' oil holdings. And how much loger they'll be in a position to influence policy?
techque Veteran Author St. Louis Posts:315 Points:889,905 Joined:Apr 2005	Message Posted: 7/19/2008 9:31:25 AM	Ignore techque Report Abuse
	they're double quick to jack up prices at the pump, but when it comes to adjusting down - forget it. any bad news - raise prices. any good news - ignore it.
Masercal Champion Author Michigan Posts:1,131 Points:269,635 Joined:Oct 2007	Message Posted: 7/19/2008 9:29:42 AM	Ignore Masercal Report Abuse
	Oil will need to fall another $40 a barrel before we see a significant drop in fuel prices.
yelobus All-Star Author Houston Posts:517 Points:490,475 Joined:Aug 2006	Message Posted: 7/19/2008 9:22:10 AM	Ignore yelobus Report Abuse
	Supply and demand, right?
Matts_Pap All-Star Author Pennsylvania Posts:912 Points:141,570 Joined:Feb 2008	Message Posted: 7/19/2008 9:16:18 AM	Ignore Matts_Pap Report Abuse
	Anyone surprised????
Rick52 Champion Author Milwaukee Posts:1,231 Points:23,955 Joined:Mar 2005	Message Posted: 7/19/2008 9:12:51 AM	Ignore Rick52 Report Abuse
	DIP ? ? ? ? ? ?
normcrocker All-Star Author Tennessee Posts:552 Points:571,240 Joined:Sep 2006	Message Posted: 7/19/2008 9:12:44 AM	Ignore normcrocker Report Abuse
	Prof. Phil was right!
dongo50 Champion Author West Virginia Posts:3,465 Points:708,780 Joined:Jul 2006	Message Posted: 7/19/2008 9:10:24 AM	Ignore dongo50 Report Abuse
	SSDD
MrHighwaySafety Veteran Author St. Louis Posts:453 Points:105,265 Joined:Sep 2006	Message Posted: 7/19/2008 9:07:50 AM	Ignore MrHighwaySafety Report Abuse
	GREED!!!
Mazdaman7Q Champion Author South Carolina Posts:3,388 Points:717,540 Joined:Jun 2006	Message Posted: 7/19/2008 9:07:31 AM	Ignore Mazdaman7Q Report Abuse
	Big Oil greed at its best!
rvnvet70 Champion Author Michigan Posts:1,477 Points:919,050 Joined:Sep 2005	Message Posted: 7/19/2008 9:03:49 AM	Ignore rvnvet70 Report Abuse
	There's a bunch of greedy people out there.
DieselFord Champion Author Phoenix Posts:1,516 Points:249,535 Joined:May 2007	Message Posted: 7/19/2008 9:03:46 AM	Ignore DieselFord Report Abuse
	So whats new ?
Vin63 Sophomore Author San Bernardino Posts:190 Points:68,580 Joined:Oct 2007	Message Posted: 7/19/2008 9:00:56 AM	Ignore Vin63 Report Abuse
	Funny how that works... Price per barrel goes up (crude futures), fuel prices immediately go up. Crude futures go down, fuel prices still go up. I guess that's what happens in a market that is not affected by supply and demand principles.
MELBA91 All-Star Author Columbia Posts:549 Points:126,425 Joined:Mar 2008	Message Posted: 7/19/2008 8:59:47 AM	Ignore MELBA91 Report Abuse
	Nothing but greed
acrider54 Champion Author British Columbia Posts:10,381 Points:1,813,705 Joined:Mar 2003	Message Posted: 7/19/2008 8:59:09 AM	Ignore acrider54 Report Abuse
	Of course not
52MPG Rookie Author Dayton Posts:25 Points:228,485 Joined:Apr 2006	Message Posted: 7/19/2008 8:54:46 AM	Ignore 52MPG Report Abuse
	Go up fast, come down sloooow.
BlueBike Champion Author San Jose Posts:2,254 Points:503,570 Joined:Feb 2007	Message Posted: 7/19/2008 8:54:26 AM	Ignore BlueBike Report Abuse
	Big oil have to get their money.
cableman31 Veteran Author New York Posts:401 Points:356,765 Joined:May 2004	Message Posted: 7/19/2008 8:53:29 AM	Ignore cableman31 Report Abuse
	That is because the oil company has to make the same or more every week.
FPLREP All-Star Author Virginia Posts:597 Points:811,240 Joined:Oct 2005	Message Posted: 7/19/2008 8:52:42 AM	Ignore FPLREP Report Abuse
	We saw a 20 cents drop at one station and the customers have gone there in droves. $3.79!!
ILBCNU All-Star Author Michigan Posts:783 Points:294,795 Joined:Aug 2005	Message Posted: 7/19/2008 8:48:42 AM	Ignore ILBCNU Report Abuse
	It's 4.06 here, 2 days ago it was 4.25.
throttle Champion Author Maryland Posts:4,212 Points:950,175 Joined:Jul 2004	Message Posted: 7/19/2008 8:45:04 AM	Ignore throttle Report Abuse
	Be patient.
EPA_Regs2Blame All-Star Author Michigan Posts:559 Points:153,205 Joined:Oct 2005	Message Posted: 7/19/2008 8:42:46 AM	Ignore EPA_Regs2Blame Report Abuse
	Translation: Even though Pres. George Bush lifted the Presidential Executive Order that banned Resource Extraction ($14 DROP in $/BL), the market does not trust Senator (Fancy) Nancy P (DEMOlition-Calif) to do the right thing. Remember, the founders of the present-day Democrat party believed in Resouce X-Traction: “Whatever works to get power to the people, use it.” Saul Alinsky, speaking about resource extraction and drilling in ANWAR. In a 1993 interview with the Washington Post, Hillary Rodham said of Alinsky’s proposal to drill in ANWAR, “I basically argued that [Alinsky] was right….You know, I’ve been on this kick for 25 years.” [Edited by: EPA_Regs2Blame at 7/19/2008 8:43:04 AM EST]
tazdriver Champion Author Alabama Posts:1,943 Points:498,380 Joined:Jan 2007	Message Posted: 7/19/2008 8:39:52 AM	Ignore tazdriver Report Abuse
	Kind of makes you wonder what is going on, we also need to build new refineries now as well as drill now.
rtw777 All-Star Author Florida Posts:543 Points:143,635 Joined:Jan 2008	Message Posted: 7/19/2008 8:39:51 AM	Ignore rtw777 Report Abuse
	After the high price gas is sold they can lower the price.
deanjk Veteran Author Arkansas Posts:286 Points:82,935 Joined:Apr 2008	Message Posted: 7/19/2008 8:39:41 AM	Ignore deanjk Report Abuse
	thank you, Mr. Speculator.
WreckDiver59 Sophomore Author Detroit Posts:173 Points:66,890 Joined:May 2008	Message Posted: 7/19/2008 8:36:37 AM	Ignore WreckDiver59 Report Abuse
	Most around here are dropping, except for a few with no one at the pumps.
jrjacobs Champion Author Michigan Posts:1,995 Points:318,205 Joined:Sep 2006	Message Posted: 7/19/2008 8:36:11 AM	Ignore jrjacobs Report Abuse
	In NW Michigan prices are exceptionally high $4.25+. We constantly gouge the tourists and god forbid if there is a holiday or festival in this area, its brutal!
TeachR06 All-Star Author Raleigh Posts:674 Points:412,980 Joined:Sep 2006	Message Posted: 7/19/2008 8:35:18 AM	Ignore TeachR06 Report Abuse
	I have seen it drop at some stations here by as much as 5 cents. Other stations haven't moved their prices in about 2 weeks. If the price went up, I'm sure the prices would have changed overnight!
SUNOIL All-Star Author Toledo Posts:518 Points:331,810 Joined:Jul 2007	Message Posted: 7/19/2008 8:34:01 AM	Ignore SUNOIL Report Abuse
	We are dropping a few pennies
ledoy Champion Author Dayton Posts:4,775 Points:969,600 Joined:Aug 2005	Message Posted: 7/19/2008 8:33:57 AM	Ignore ledoy Report Abuse
	why is that?
WVPhoenix Champion Author Charleston Posts:4,580 Points:618,035 Joined:Jan 2006	Message Posted: 7/19/2008 8:32:32 AM	Ignore WVPhoenix Report Abuse
	Ours dropped from 4.09 to 3.99. Just like that. I hope for more.
ArboretumCop All-Star Author Richmond Posts:896 Points:940,905 Joined:Sep 2005	Message Posted: 7/19/2008 8:30:52 AM	Ignore ArboretumCop Report Abuse
	Quick to rise at the pump, slow to drop down......and we get to listen to more station operators whine about they make no money, although I don't see ANY going out of business here.
REVLAW Champion Author San Antonio Posts:1,719 Points:324,585 Joined:Jul 2007	Message Posted: 7/19/2008 8:28:43 AM	Ignore REVLAW Report Abuse
	Again too early for new news.
bug27 Champion Author Kentucky Posts:1,598 Points:1,101,250 Joined:Apr 2005	Message Posted: 7/19/2008 8:24:31 AM	Ignore bug27 Report Abuse
	Typical. Oil prices dip, gasoline prices don't.
lrb3298 Rookie Author Pennsylvania Posts:61 Points:138,495 Joined:Oct 2007	Message Posted: 7/19/2008 8:22:03 AM	Ignore lrb3298 Report Abuse
	in about a month they will drop
txyankee Champion Author Milwaukee Posts:3,818 Points:663,375 Joined:Sep 2005	Message Posted: 7/19/2008 8:21:07 AM	Ignore txyankee Report Abuse
	no thanks to the dem congress. They still remain at doing nothing.....
n3his Champion Author Pennsylvania Posts:1,543 Points:840,135 Joined:Feb 2006	Message Posted: 7/19/2008 8:20:28 AM	Ignore n3his Report Abuse
	Some body can not balance the scales.
Prodaddy Champion Author Houston Posts:1,183 Points:390,365 Joined:May 2007	Message Posted: 7/19/2008 8:19:34 AM	Ignore Prodaddy Report Abuse
	Really
bumpygas Sophomore Author Nebraska Posts:182 Points:262,640 Joined:Oct 2007	Message Posted: 7/19/2008 8:17:09 AM	Ignore bumpygas Report Abuse
	Whats new???
brutus Champion Author Alberta Posts:1,387 Points:864,030 Joined:Feb 2003	Message Posted: 7/19/2008 8:13:35 AM	Ignore brutus Report Abuse
	One store dropped 22 cents a gallon here today. Others only 7 cents. Were are still higher than the USA tho.
tahoe0708 All-Star Author Cincinnati Posts:694 Points:133,225 Joined:Jan 2008	Message Posted: 7/19/2008 8:13:12 AM	Ignore tahoe0708 Report Abuse
	3.84 is better than 4.00-plus, that's a small break...
The_WB Champion Author Detroit Posts:3,565 Points:411,450 Joined:Apr 2007	Message Posted: 7/19/2008 8:12:59 AM	Ignore The_WB Report Abuse
	We continue to pay!
tomvan All-Star Author Bridgeport Posts:591 Points:809,085 Joined:Oct 2005	Message Posted: 7/19/2008 8:11:53 AM	Ignore tomvan Report Abuse
	This might be a smart thing. If gas prices start to drop quickly, people will probably react by consuming more gas in a short period of time and it will make prices even higher in the long run due to a spike in demand. It's better to wait for a long term price drop in oil. It's best to hold the gas prices steady until we know for sure that oil prices will drop far down.
trkmtarv4 Sophomore Author Arkansas Posts:197 Points:62,515 Joined:Apr 2008	Message Posted: 7/19/2008 8:11:36 AM	Ignore trkmtarv4 Report Abuse
	of course not. The big guys are enjoying the taste of money, and couldnt bear to bring the price down now after they bought their new house.
jrw78 Champion Author Alabama Posts:1,112 Points:586,050 Joined:Apr 2005	Message Posted: 7/19/2008 8:10:38 AM	Ignore jrw78 Report Abuse
	Surprise! Surprise! Surprise!
Wolfwings All-Star Author Delaware Posts:607 Points:210,100 Joined:May 2004	Message Posted: 7/19/2008 8:09:51 AM	Ignore Wolfwings Report Abuse
	HMMMM, nope too far to drive to gas up
hooky Champion Author Michigan Posts:6,537 Points:742,000 Joined:Sep 2005	Message Posted: 7/19/2008 8:08:38 AM	Ignore hooky Report Abuse
	No surprise here!
danielle6181 Veteran Author Houston Posts:310 Points:299,260 Joined:Aug 2005	Message Posted: 7/19/2008 8:07:31 AM	Ignore danielle6181 Report Abuse
	Price never goes down significantly, but rises .20 cents overnight...amazing!
BoerneWatch Champion Author San Antonio Posts:5,915 Points:756,985 Joined:Oct 2005	Message Posted: 7/19/2008 8:05:42 AM	Ignore BoerneWatch Report Abuse
	At least this next week will finally not see record prices rising.