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 Chatty Kathy
Posts: 6635
    
Location: In Ky following Barrel Races & Walker hounds. | Murphy - 2014-12-22 2:24 PM
Gas is $1.93 and diesel is $3.68. I filled up my Fiesta for $15.00 last week. I was ecstatic. Filled up the Escape for $27.00 and it's usually over $50. I'm grateful for the break we are getting at the pump. Just wish diesel would drop a bit too.
Wow yall are cheaper than us Murphy! Ours hit $1.99 today. It has cut a tank of gas in our truck from $90(last summer) to $53 now. We have more money to spend other places now, it gets old watching it go down into a gas tank. |
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 Expert
Posts: 1857
| Murphy - 2014-12-22 2:24 PM
Gas is $1.93 and diesel is $3.68. I filled up my Fiesta for $15.00 last week. I was ecstatic. Filled up the Escape for $27.00 and it's usually over $50. I'm grateful for the break we are getting at the pump. Just wish diesel would drop a bit too.
isn't that crazy! and diesel is a by-product of gasoline.... |
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 Undercover Amish Mafia Member
Posts: 9992
Location: Kansas | diesel in my area is $2.60 |
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 Dancing in my Mind
Posts: 3062
Location: Eastern OH but my heart is in WV | FlyingJT - 2014-12-22 11:27 AM
I'll be the Debbie downer! I'm scared every time I look at the prices and every time I see them drop my stress level goes up. My family depends on the oil and gas and here in Oklahoma our economy is based around oil and gas. Without, there will be a rise in unemployment, small local shops will have a decline in business forcing some to close their doors, small mom and pop businesses that got their start from the rise in oil and gas drilling will have to close down their businesses. It's scary to think how long American shale producers can hold on and wait out OPEC. I'm not sure they'll last until this summer. For those families that livelihoods depend on oil & gas I wish you good luck and I hope that hard times don't find you.
The gas and oil has been taking off RIGHT in our "back yard"/ community for about three years now. They are still in the process of building the refining plants and new rail systems are the big step, right now. Oil wells are going up overnight, EVERYWHERE! From my understanding, this is a big game the oversea producers are playing. They are well established and can afford to drop the prices for a while. They are NOT happy America is producing and this is their evil little game. So why the average American is enjoying the low prices now, we are going to pay in a much larger way in the long run.
Edited by Rolling J 2014-12-22 3:11 PM
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 Mature beyond Years
Posts: 10780
Location: North of the 49th Parallel | Gas is $3.34 and diesel is still $4.29. Still a lot cheaper than what it was. |
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Rad Dork
Posts: 5218
Location: Oklahoma | iloveequine40 - 2014-12-22 11:51 AM EVERY industry faces downturn at some point. With cheaper prices the demand will rise again, surpluses will come down prices will go back up. We have a lot of friends in the oil and gas field. They have been making a lot of $ the past several years but blowing every bit of it. You have to save for rainy days! As for us it's about a $200 per month savings if prices stay steady. We can afford to do some other things that help boost economy.
I'm not trying to be rude by any means... but please don't lump all the oilfield people into one group. There certainly are many companies that blow and go and don't save for rainy days... and then there are companies like us (dirtwork) who literally have to sit home on rainy days.
Exploration seems to get hit first and then the effect trickles on to the other aspects, but it really hits hard when you're already on the lowest end of totem pole... and it doesn't help that the end of the year is usually the slowest part when everyone has already spent their budget for the year.
We're fortunate enough to be diversified, but not all mom and pop companies have their foot in the door for other avenues of work when there isn't much drilling going on.
Again... not trying to be rude. Before I knew anything about the oilfield I always thought anyone associated with it had no worries.... not quite the case. |
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 Total Germophobe
Posts: 6443
Location: Montana | I'm jealous of you guys who have gas that is less than $2 a gallon. But I am thankful for our $2.29 a gallon gas and our $3.12 a gallon diesel. Makes things a bit easier on our budget...unfortunately this time of the year it is too cold to go anywhere or do anything for the most part, LOL. |
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 I Prefer to Live in Fantasy Land
Posts: 64864
Location: In the Hills of Texas | $1.99 Regular
$2.99 Diesel
$5.99 for Diesel additive for older trucks per fill up so everything doesn't dry out. |
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  Ms. Marine
Posts: 4641
Location: Texas | $2.40 |
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Elite Veteran
Posts: 1029
Location: TX | Gas is 1.87/gas, Diesel was seen today for 2.19/gal |
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 No Tune in a Bucket
Posts: 2935
Location: Texas | bccanchaser16 - 2014-12-22 3:19 PM Gas is $3.34 and diesel is still $4.29. Still a lot cheaper than what it was.
Where are you? Your prices are alot higher than here. I saw unleaded for 1.95 and diesel for 2.90. in the Dallas area. |
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 Semper Fi
Location: North Texas | RocketPilot - 2014-12-22 10:23 PM bccanchaser16 - 2014-12-22 3:19 PM Gas is $3.34 and diesel is still $4.29. Still a lot cheaper than what it was. Where are you? Your prices are alot higher than here. I saw unleaded for 1.95 and diesel for 2.90. in the Dallas area.
I am quite confident she is in Canada. Another difference is Canada sell fuel by the liter not the gal. So this difference would account for the price difference. |
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Elite Veteran
Posts: 618
| I'm not saying ALL oil and gas people are guilty. My main point is ALL INDUSTRIES Will have prosperity and down turn. It WILL fix itself. It's economics 101. Supply and demand. For individuals and families NOT in the industry who's budgets have been stretched bc of high prices this means extra disposable income which will mean more spending on luxury items. Also, my husband's company who provide travel expenses for their workers ie gas it helps relieve them from that expense. |
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 I hate cooking and cleaning
Posts: 3314
Location: Jersey Girl | $2.29
I love these prices too. Makes hauling so much nicer with my gas guzzling truck!! |
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Semper Fi
Location: North Texas | iloveequine40 - 2014-12-23 6:59 AM I'm not saying ALL oil and gas people are guilty. My main point is ALL INDUSTRIES Will have prosperity and down turn. It WILL fix itself. It's economics 101. Supply and demand. For individuals and families NOT in the industry who's budgets have been stretched bc of high prices this means extra disposable income which will mean more spending on luxury items. Also, my husband's company who provide travel expenses for their workers ie gas it helps relieve them from that expense.
Low Oil Prices can be a double edged sword. The life blood of America's Economy is energy based. Which currently means Oil and Gas. Sure in the short term lower Oil Prices means lower fuel prices...........however in the long term low oil prices WILL drag The American Economy down due to the way Oil Prices are intertwined into every facet of the The American Economy. The trickle effect for sure. The question is: Where is the bottom? And where is the 'magic' number for Oil Prices to be to maintain a Healthy American Economy? I do not have these answers. I am not sure if anyone does. I would be wary of those who claim to have these answers.
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 Color My World
Posts: 4940
Location: My perfect world bubble | foundation horse - 2014-12-23 12:03 PM iloveequine40 - 2014-12-23 6:59 AM I'm not saying ALL oil and gas people are guilty. My main point is ALL INDUSTRIES Will have prosperity and down turn. It WILL fix itself. It's economics 101. Supply and demand. For individuals and families NOT in the industry who's budgets have been stretched bc of high prices this means extra disposable income which will mean more spending on luxury items. Also, my husband's company who provide travel expenses for their workers ie gas it helps relieve them from that expense. Low Oil Prices can be a double edged sword. The life blood of America's Economy is energy based. Which currently means Oil and Gas. Sure in the short term lower Oil Prices means lower fuel prices...........however in the long term low oil prices WILL drag The American Economy down due to the way Oil Prices are intertwined into every facet of the The American Economy. The trickle effect for sure. The question is: Where is the bottom? And where is the 'magic' number for Oil Prices to be to maintain a Healthy American Economy? I do not have these answers. I am not sure if anyone does. I would be wary of those who claim to have these answers.
Yep. And while the prices are low now once the Saudis and Iran cause the American companies to go out of business, they will once again control the majority of the world's production and those prices will be higher than we've ever seen. Hundreds of thousands of American jobs depend on this industry and we have families too. Not all oil field workers are bringing in millions - we are middle class and depend on our paychecks to pay our bills just like every middle class family. We will be okay but just remember there's a reason prices are down and there are long term implications to think about. |
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 California Cowgirl
Posts: 14973
Location: California | $2.11 last night here in Idaho |
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Duct Tape Bikini Girl
Posts: 2554
| Saw diesel for $2.69 in Weatherford today:) |
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Extreme Veteran
Posts: 507
Location: Lost in the corn of Iowa. | Today the gas is $1.88 in my town, I had to read it twice just to be sure. Hopefully this will keep trending downward. |
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Extreme Veteran
Posts: 591
| Right after Christmas thousands of oilfield workers are going to be laid off right here in our area. Its very sad. I would rather pay more for fuel. |
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