Gas prices dropping big time.

[Bouncer]

All the gas stations around here are now at $3.80 a gal for regular. What the hell happened? I filled up on Wed and it was $4.10 a gal..

[YellowJacket]

Price of oil has dropped dramatically. Its only went down 5 cents here.

[Shibby]

It didn't go down here yet.

[Bouncer]

why did the price drop exactly? lol

[gymratin]

yeah, i heard it was gonna drop a little, about 3-5 cents. not sure why, but Leno was joking about it in his monologue friday night

[Bouncer]

well i don't know what to tell you guys, but it has dropped here in north jersey by 30 cents in 3 days.

[NYCmitch25]

price per barrel drop $16

[hitmansb]

price per barrel drop $16

Funny how that happened right around the time Bush declared that he'd be lifting the ban on offshore drilling, after the Democrats swore up and down that such a move would make no difference.

[NewbieChris]

The real 'why':

Oil Prices: Oil Settles Below $129, Falling for Fourth Day - Futures Commodities Overview * News * Story - MSNBC.com

[Shibby]

The real 'why':

Oil Prices: Oil Settles Below $129, Falling for Fourth Day - Futures Commodities Overview * News * Story - MSNBC.com

"Oil demand in the world's top consumer has slipped this summer compared with last year, as Americans scale back holiday travel plans."

As usual things will only start to get fixed when we hit rock bottom.

[NYCmitch25]

Funny how that happened right around the time Bush declared that he'd be lifting the ban on offshore drilling, after the Democrats swore up and down that such a move would make no difference.

right, plus the barrel price goes up a nickle and all the gas stations raise it drops $20 and they only drop it 3 days later by 3 cents

[Bouncer]

so has anyone else seen the 30 cent drop at the stations that i am talking about?

[bigscott]

so has anyone else seen the 30 cent drop at the stations that i am talking about?

i wish bro -- still 509 for diesel where i live

[COLOSSUS]

oil companies seem to do this over and over again. they raise the prices, then they drop them a little and we get a sense of comfort and then they jack em up higher than before. its a cycle that i have notice happening over and over again.

[coffee-guy]

oil companies seem to do this over and over again. they raise the prices, then they drop them a little and we get a sense of comfort and then they jack em up higher than before. its a cycle that i have notice happening over and over again.

Because we allow them to....