Oil Trading at under 50 dollars a Barrel

[AccruedExpenditure]

Down 66 percent from this year's highs

While we're on the topic, HA:
http://forums.anandtech.com/me...id=38&threadid=2194967
http://forums.anandtech.com/me...id=38&threadid=2194475
http://forums.anandtech.com/me...id=38&threadid=2195086
http://forums.anandtech.com/me...id=52&threadid=2202353
http://forums.anandtech.com/me...id=38&threadid=2238330
http://forums.anandtech.com/me...id=38&threadid=2194967

 

[amdhunter]

Then why is that shit still fucking 2.79/gal in NYC?

 

[jpeyton]

Too bad. I was hoping Hummer would die a quick, painful death.

 

[DnetMHZ]

Originally posted by: amdhunter
Then why is that shit still fucking 2.79/gal in NYC?

1.79 in NJ

 

[Mxylplyx]

Originally posted by: amdhunter
Then why is that shit still fucking 2.79/gal in NYC?

Because NY taxes are akin to being ass raped by a thorn bush. It's under $2 here in AL.

 

[Verbrennenkinder]

1.79 in SC

 

[SSSnail]

I've made my vow, I'm not pulling my money out of the markets, not touching my 401K either. Here's to helping the economy :beer:

 

[Ns1]

lol @airlines hedging their bets @ >100/gallon

 

[dainthomas]

The knowledge that the slimeballs that drove it up in the first place are now losing their ass gives me a warm fuzzy feeling. Have fun sleeping under a bridge, jerks.

 

[zoiks]

I remember that when gas was 99c/gallon, oil was about 30 bucks/barrel.

 

[Raduque]

1.78 just down the street from me

 

[Kirby]

Originally posted by: Mxylplyx

Originally posted by: amdhunter
Then why is that shit still fucking 2.79/gal in NYC?

Because NY taxes are akin to being ass raped by a thorn bush. It's under $2 here in AL.

$1.89 off of I-65.

 

[Anubis]

Originally posted by: amdhunter
Then why is that shit still fucking 2.79/gal in NYC?

Taxes. how did you not realize that, NY fucks you with taxes

its ~2.45 upsate

 

[HardcoreRobot]

price of gas is like half what it just recently was and people STILL complain

jeez

 

[ElFenix]

filled up at $1.77 this morning. felt good.

 

[Queasy]

Saw a $1.79 on my way to work this morning. Considering it takes me 10 gallons of gas to get to and from work every week, I was paying as high as $44 a week just for the privilege of going to work. Now I'm down to $18. That's basically saving me $100 a month.

 

[isekii]

Originally posted by: HardcoreRobot
price of gas is like half what it just recently was and people STILL complain

jeez

Of course, it should've never gone that high in the first place.

 

[HannibalX]

Originally posted by: amdhunter
Then why is that shit still fucking 2.79/gal in NYC?

You're getting taxed out the ass that's why.

$1.71 in my town. I live in one of those pesky red states...

 

[dartworth]

oh...demand must be really low...:roll:

 

[BlackTigers]

Doesn't it take like 6 weeks or some shit for this to hit the pumps?

 

[Gibson486]

Still 1.96 in Natick, MA....it was still over $2 in CT.

 

[jpeyton]

Originally posted by: BlackTigers
Doesn't it take like 6 weeks or some shit for this to hit the pumps?

Only on the way down, never on the way up

 

[skace]

Originally posted by: dainthomas
The knowledge that the slimeballs that drove it up in the first place are now losing their ass gives me a warm fuzzy feeling. Have fun sleeping under a bridge, jerks.

The key players never lose.

 

[Random Variable]

GasBuddy.com says that the national average is exactly $2.00.

 

[CptCrunch]

glad, good to see the oil price fall like mad, it shouldn't have gotten as high as it did.

On a side note, it was $1.79 a gallon when I filled up yesterday, and it's $1.75 a gallon this morning in Florence, KY