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Gas prices on the downward trend

MADN3SS

New member
I've noticed this lately and really hope it continues. I paid $2.75 a gallon for 93 this morning at a Sunoco Pinellas Park. Another buck and I'll be happy. Then I use my AAA Visa in which I get 5% back on gas purchases, which would make my adjusted amount $2.62 a gallon. It adds up. The only stipulation on the card is: to receive the discount, you have to spend at least the amount you spend on gasoline in a month on other purchases (you spend $100 a month on gas, you must spend $100 a month on other purchases). I just use it for grocery shopping and pay the whole thing off. It's a win, win.

Scott
 
Hmm, that is unusual! Usually gas prices go UP on holiday weekends. Just a coincidence, I am sure...... :rolleyes:
 
I've heard from AAA that it's partially due to summer officially being over when it comes to producing gas. They no longer have to make the "summer" blend.
 
Oh...... Kind of like when the oil companies charged more to add lead to gasoline as an anti-knock agent, then charged us more later on down the road for unleaded gas (in other words NOT adding lead to the gasoline), eh? :crazy03:
 
Some info on "summer blend".

The expected increase in gas prices this summer has been partly blamed on the use of "summer blend" gasoline. What is "summer blend," and why is it making gas expensive?

To protect the ozone, the U.S. Environmental Protection Agency mandates that a special type of gasoline be used during the summer in certain parts of the country.

From June 1 to Sept. 15, gas stations are required to sell gasoline that produces lower emissions, which is more expensive than regular gasoline.

This year, there's an extra wrinkle because petroleum refiners and retailers are phasing out use of an additive that injects oxygen into gasoline and results in cleaner burning and less tailpipe pollution.

The additive -- methyl tertiary butyl ether, or MTBE -- is banned in some states. Petroleum refiners are using corn-based ethanol instead. Ethanol is common in the Midwest, but is in short supply in the South and on the coasts.
 
Actually I was looking at my gas receipts the other day and noted I am getting about 1 fillup per month. With the amount of driving I have been doing lately (or lack thereof) guess it doesn't matter too much to me.
 
I heard that the gas prices will go down to $2.00 pg by the winter time.
I wouldn;t hold your breath but it's something to look forward to.
 
Gas prices taking a big nosedive in the last 2 weeks. It's gone down about 20-30 cents. Imagine that, a mid-term election coming up. Looking a little suspicious. Lots of factors I understand. Summer season over, possible el nino keeping the hurricanes at bay, new oil find. But you gotta wonder...
 
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