Gas prices

"Future next gen S2000 owner" (future-next-gen-s2000-owner) 04/13/2020 at 13:55 • Filed to: shitpost, gas prices

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Adjusting for inflation, I would argue gas has never been cheaper. Below one buck in Michigan, and a nationwide average around 1.90/gal.

Per this page gas bottomed out at 1.61 in 1998. Using an inflation calculator, 1.61 in 1998 is 2.55 in today’s money.

Cheap gas indeed.

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Arch Duke Maxyenko, Shit Talk Extraordinaire > Future next gen S2000 owner 04/13/2020 at 14:02

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The price for the good shit, is still expensive though.

SiennaMan > Future next gen S2000 owner 04/13/2020 at 14:08

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Not surprising, since gas was relatively inexpensive going into 2020 and we've had a crash in demand at the same time as an all out price war between 2 of the world's top 3 producers..

Nothing > Future next gen S2000 owner 04/13/2020 at 14:09

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I remember in the late 90s in VA, I would routinely pay about $1/gallon. When I moved in 2000, I filled up for 70 cents/gallon at the gas station right on the corner of my town home complex. It was cheap to fill my Yukon, and prior to that, under $10 to fill the CRX.

PowderHound > Future next gen S2000 owner 04/13/2020 at 14:15

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I haven’t got gas in quite a while but Gas buddy is saying premium around here is $2.49 with $ 2.19 for regular. That’s also with only 1 of 5 in the area reporting though

ttyymmnn > Future next gen S2000 owner 04/13/2020 at 14:26

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Working with the US, o il producers have agreed to cut production by 10%, so look for prices to start edging up again. Because we wouldn’t want to hurt the oil company profits.

Trump says US will cut oil production to secure global deal  

Future next gen S2000 owner > Nothing 04/13/2020 at 14:46

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The lowest I can remember is just under a buck, $ .99 and the cheapest gas station for miles. It was usually 1.10-1.25. People thought 1.25 was too high.

Nothing > Future next gen S2000 owner 04/13/2020 at 14:49

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$.70 was indeed rare, when it was that low, I was pretty pleased to start my road trip. I think the least expensive near me right now is Costco, it’s at $1.35 last I checked.

HammerheadFistpunch > Future next gen S2000 owner 04/13/2020 at 14:49

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Its never been a better time to own a vehicle made in the era of cheapest gas.

Deal Killer - Powered by Focus > ttyymmnn 04/13/2020 at 15:50

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Typical Trump bullshit. The Feds can’t “force” production cuts in privately owned oil businesses. Nor can oil companies collude with each other to produce less. If an oil company wanted to increase production, they could, although the market would do little to reward them. Even with these cuts, oil is still crashing out, as consumption has tanked due to people staying at home world-wide.

Deal Killer - Powered by Focus > HammerheadFistpunch 04/13/2020 at 15:51

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My wife’s 2000 Ford Explorer heartily agrees with you. If we had someone where to go, I’d be road tripping come May.

Rusty Vandura - www.tinyurl.com/keepoppo > Future next gen S2000 owner 04/13/2020 at 15:54

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My commute is just over 4 miles.

Rusty Vandura - www.tinyurl.com/keepoppo > Deal Killer - Powered by Focus 04/13/2020 at 15:56

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 I know a guy who had a Ford explorer that got 4 mi to the gallon one time.

HammerheadFistpunch > Rusty Vandura - www.tinyurl.com/keepoppo 04/13/2020 at 16:10

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Thats impressive, my personal best is mid 6's, but that was several days of being in low range and idling.  

Rusty Vandura - www.tinyurl.com/keepoppo > HammerheadFistpunch 04/13/2020 at 16:19

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I think he was driving up a mountain.

Deal Killer - Powered by Focus > Rusty Vandura - www.tinyurl.com/keepoppo 04/13/2020 at 17:42

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We drove down to Tennessee from NW Ohio back in February. Loaded with four grown people and luggage, we managed about 22 MPG on the highway, doing a decent 70 MPH. This in a truck with about 170K miles on it.

Rusty Vandura - www.tinyurl.com/keepoppo > Deal Killer - Powered by Focus 04/13/2020 at 17:49

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Very respectable.