1.88 in Kzoo MI
- Join Date
- Jul 2001
- Location
- Kalamazoo MI
- Posts
- 4,502
1.88 in Kzoo MI
I paid 1.839 at Kroger, but some of that was their standard store-card credit. Without that, Mike's is still the best I've seen.
Marx: Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies.
Lennon: You either get tired fighting for peace, or you die.
Man, I haven't seen below two yet. I'm jealous.Originally Posted by Marx & Lennon
-Today [22 MAY 2015], $2.439/gallon.
-Today [9 JUN 2015], $2.495/gallon.
-Today [13 AUG 2015], $2.399/gallon.
http://money.cnn.com/2015/08/18/inve...tok/index.html
Last week, crude tumbled below $42 a barrel, down from $100 last year...
The big problem is the world still has more oil than it needs, especially given China's economic slowdown. The American energy boom that began last decade created a supply glut. OPEC, led by Saudi Arabia, has been unwilling to balance the market by cutting production.
The oversupply problem may very well be amplified by the Iran nuclear deal. If the historic agreement goes forward, sanctions relief will allow Iran to drastically increase output...
[Well. A temporary silver lining to a bad deal. Unless you're in, or invested in, the oil business.]
-Today [12 OCT 2015], $1.999 /gallon.
Actually, I do have a modest investment in oil, and in natural gas. Over the years, I've done pretty well in my modest investments by buying stuff when it's beat down.
For example, in 2008 I made a few bucks betting on Bank of America, simply because they had a huge market share at the time. It worked, but I didn't sit on it very long.
And I bet on Canadian banks when the banks were beat down, because they took the same hit that American banks took, but the Canadians regulate their banks and they didn't have the same exposure to crap. That one worked out really well.
I also bet on Ford in 2008, as it was the only car company that didn't take government bailout bucks. That worked out too.
I think my oil and natural gas plays will have to be long-term plays. We'll see.
" ... a man of notoriously vicious and intemperate disposition."
Feb-10-2016 map
West coast, eat y'alls hearts out.
MBTI step II type : Expressive INTP
There's an annual contest at Bond University, Australia, calling for the most appropriate definition of a contemporary term:
The winning student wrote:
"Political correctness is a doctrine, fostered by a delusional, illogical minority, and promoted by mainstream media, which holds forth the proposition that it is entirely possible to pick up a piece of shit by the clean end."
Factoring in inflation I don't think gas has been this cheap since 2000. Gas is $1.44 here in Fargo, which would be $1.05 in 2000 dollarsFeb-10-2016 map
West coast, eat y'alls hearts out.
Last edited by Odin; 02-10-2016 at 09:56 PM.
To recommend thrift to the poor is both grotesque and insulting. It is like advising a man who is starving to eat less.
-Oscar Wilde, The Soul of Man under Socialism
Gas around Cinci has been in the $1.75ish range, altho I got some the other day for $1.54 gallon
Last edited by marypoza; 02-21-2016 at 01:52 AM.
$1.29 at the Costco membership pumps in Albuquerque
" ... a man of notoriously vicious and intemperate disposition."
-Color me impressed.
-Today [ 13 MAY 2016], $1.799 /gallon.
