Gasoline Prices

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beaverpond
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Re: Gasoline Prices

Post by beaverpond »

cost of gasoline right now $1.7264...this is not a good sign
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Re: Gasoline Prices

Post by alenigma »

I read somewhere on the web that people all over the world are avoiding traveling because of that pesky Coronovirus.
In the article it was mentioned that the demand on crude oil was dropping.
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Re: Gasoline Prices

Post by beaverpond »

But the demand for local travel is up which is driving up the cost of gas and which in turn is driving up the price at the pump.
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Re: Gasoline Prices

Post by alenigma »

I scored some regular today $1.94/gal.
...and I hear the demand for crude is down because of less travel. Things will get better until the virus crises is over.
If you think about it, thousands die from the Flu every year.
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Re: Gasoline Prices

Post by beaverpond »

This season there has been more than 10 million cases of the flu and more than 10 thousand deaths

Yet the media is concerned about the coronavirus with about 90 thousand cases and less than 4 thousand deaths.

I am talking worldwide.
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Re: Gasoline Prices

Post by beaverpond »

Yesterday gasoline prices bottomed out at $1.0694 and right now they are starting to rebound at $1.1197 and before the plunge it was at $1.3890

This not all about the coronavirus and the cruise ship industry or the airline industry.

Just keep an eye on what is going on in Saudi Arabia and Russia as they flood the market with oil and see who can pump out the most in a few days time. Things will stabilize and the markets will return to normal, watch and see.
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Re: Gasoline Prices

Post by alenigma »

And the way I see it, Beav, the corona thing is just a more virilant form of the flu. Influenza viruses change from year to year.
I have a healthy immune system. My folks talked me into getting a flu shot 15 years ago...I was flat on my back for the next three days. The shot gave me the flu, (or maybe someone in the Walgreens).
No more flu shots for me ever since.
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Re: Gasoline Prices

Post by beaverpond »

Same here. I have a compromised immune system and got the flu shot several years ago. Was down with the flu a few times that winter for several days each time and have had it since but nothing like that one winter.
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Re: Gasoline Prices

Post by alenigma »

In 1985, I had a flu that started with fever and body pains. I spent the next 48 hours in and out of consciousness. Turns-out it was called Taiwanese type B flu virus. I lost 25 pounds that weekend. When I went to Grandma's Easter dinner, my brother told me that all my cousins asked him if I had AIDS. AIDS was just starting to make its rounds.
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Re: Gasoline Prices

Post by awsum14 »

$1.98 - $2.09 around my house
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