$1.99 gas prices in Dallas!!! (UPDATE: we at $1.88 :mjcry:)

[CashmereThoughts]

Why Yall ignore the 9/10 cents when Yall mention gas prices?

 

[BrothaZay]

I hope those of yall in TX know low gas prices=potential collapse in Houston and Dallas, and the rest of TX. Great for the rest of the country, but when 2/3 of state's wealth has come from this sector the past 4 years, it's a tense time. The Fracking boom is in crisis mode with record low profit margins.

Its a bust and boom industry.

Coli economic experts brehs

 

[L&HH]

Idk brehs, these low gas prices are scary. Wonder if somebody is up to something

Saudi Arabia is overproducing. They say it's doing two things, it's fukking Russia's economy up who everyone hates an it's fukking with the US shale oil production

 

[Carolina Slim]

I thought I was and when I got gas for 2.31 this morning; now I log on here and see n1ggas getting gas for under 2.00.... to yall.. Everybody eats.

 

[Scientific]

Yes, leveraged oil/gas companies will reveal themselves when the time comes. Juggernauts will be just fine.

And how many juggernauts make up the pie? Of the course the bigger companies wont be hurting, but that isnt the point. I've talked to enough old oil guys. They remain optimistic about a gradual rise back up, but aren't surprised if a bottom of $40 is seen, they stay on caution mode.

The point is, if prices remain too low, that's when the dominoes could start to fall. The oil boom, its what's fueled the housing boom in Texas, to borderline bubble prices. If too many companies start going belly up, then lay offs come, projects get pushed back, hiring freezes etc. This happen in the early 80s, so it isnt like the city hasn't experienced it. Why SW Houston apts turned into projects overnight.

Low key, Im hoping for an all out crash. Its gotten too damn expensive to live in Houston, and too damn crowded. It's gotten too ridiculous.

Coli economic experts brehs

 

[Jesus Shuttlesworth]

Damn I was geeked about that $2.82 I spent on 93 yesterday.



I guess freeing all them 'Raqis paid off after all.

God bless Amurica.

 

[humble forever]

I paid 2.72 and completely filled my tank for like $43

It used to be $63 to fill it near my job

Thanks obama

 

[mr x]

 

[god shamgod]

Gas went up 44. cents in the last 48 hours It's over

 

[Phoenix_Knightly23]

that was short lived

 

[Mantis Toboggan M.D.]

Yeah it spiked 45 cents last month in Orlando

 

[You Win Perfect]

the saudis were just manipulating the price lower to hurt competition.

 

[Black]

2.23 here in Florida

 

[Fat Kevin]

It looked like gas prices went back up but stagnated after that. I heard the reason it went up is because the oil refineries are going offline to prepare for increased production in the summer.

 

[International Playa]

Was sooooo short lived, all the road trips I could have taken this spring/summer

Do these prices also affect plane ticket prices???