$1.98 gas oh my!

Some time back, when I was doing a lot of driving I remember thinking I'll probably never see gas under $3 again. So yesterday all the stations just east of Cincinnati are $1.98 with Sam's Club $1.94.
 

Come on over to the UK and check the price here!

Today it is £1.13 per Litre, (4.5 litres per Gallon)
which is around $7.90 per gallon.

Mike.
 

PA has high price gas. We were just saddled with a 0.28 (In that area) gas tax increase last fall, but it comes in stages. So, when it ends, we will be number 2 in the country in gas prices behind CA. It's good to be number 2 at something, but I would prefer if it were more like tax rebates for Seniors. Prices here in my part of the state are in the area of $2.40.
 
I guess gas prices can drive the prices of food and many other items.

I'm lucky that, even with working, I only have to get gas every 3 weeks. I drive a Corolla. I usually don't worry about the price of gas much. But every bit helps.
 
I guess gas prices can drive the prices of food and many other items.

I'm lucky that, even with working, I only have to get gas every 3 weeks. I drive a Corolla. I usually don't worry about the price of gas much. But every bit helps.

true. less fuel cost for truckers and rail mean lower cost of living
 
I guess gas prices can drive the prices of food and many other items.

I'm lucky that, even with working, I only have to get gas every 3 weeks. I drive a Corolla. I usually don't worry about the price of gas much. But every bit helps.

America's needs are moved by truck....
 
I get a break

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$1.71, here. I had 30 cents/gallon discount on my Kroger's card. Filled my truck for $1.41/gallon. This is insane! Never drempt we'd see it this low again in my lifetime. I bought lots of gasoline for 19 and 20 cents/gallon in the '60s. Late '66 or early '67 it hit 30 cents/gallon. Sorta stabilized until the Iranian issues in 1974 and the gas rationing. That started it spiraling up and it hasn't stopped... until this past few weeks.
 
$1.71, here. I had 30 cents/gallon discount on my Kroger's card. Filled my truck for $1.41/gallon. This is insane! Never drempt we'd see it this low again in my lifetime. I bought lots of gasoline for 19 and 20 cents/gallon in the '60s. Late '66 or early '67 it hit 30 cents/gallon. Sorta stabilized until the Iranian issues in 1974 and the gas rationing. That started it spiraling up and it hasn't stopped... until this past few weeks.

I remember the gas shortage in 73-74

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During the 1973 Arab-Israeli War, Arab members of the Organization of Petroleum Exporting Countries (OPEC) imposed an embargo against the United States in retaliation for the U.S. decision to re-supply the Israeli military and to gain leverage in the post-war peace negotiations. Arab OPEC members also extended the embargo to other countries that supported Israel including the Netherlands, Portugal, and South Africa. The embargo both banned petroleum exports to the targeted nations and introduced cuts in oil production. Several years of negotiations between oil-producing nations and oil companies had already destabilized a decades-old pricing system, which exacerbated the embargo’s effects.

https://history.state.gov/milestones/1969-1976/oil-embargo
 
When we were stationed in Germany in the 70s, our gas was rationed, and very expensive. The rationing never presented a problem for us, though, as there was VERY good public transportation that went everywhere. It was more of a hassle to drive than it was to just take the strassenbahn (streetcar) or the train. The only times I ever drove were to make a big commissary trip or to go up and pick somebody at the airport in Frankfurt. It was actually kind of freeing. Wish I could do that here, but our public transportation where I live is deplorable and pretty much useless.
 
Down to £1.05 per litre here, from almost £1.30 a few weeks ago , making a gallon £5.25, we're still one of the most expensive countries in the world for fuel but better than it was and dropping daily..
 


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