Thread: Gas prices drop

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We`ve been steady at 2.09 here. It`s great to get to work all week on under 30 bucks.

1.96 here at HEB,first I have seen under 2.00

Reason:People sold off their oil securities.
OPEC starting to run scared

$1.86 here and 3 cents less at Wally world with their shopping card.

Lowest here is 2.17 still drive the escort and let the spiders keep the truck company abit more . I do run it about once a week but not very far.

1.999 here in Southside Virginia.
Jackie

$1.97/gallon just North of Richmond Virginia, BUT (!) President-Elect Obama is getting set to reinstate the off-shore ban on drilling. All that "Drill Baby Drill" and "Drill Here, Drill Now" means nothing now! Next summer we will be at the mercy of OPEC again. I wish I could start over with an electric/diesel hybrid three wheeler but I have too much tied up in my roadster now. Maybe the best deal is that Chevy Cobalt SS with the turbocharger but to my amazement the reviews say it looks too "plain-Jane" for the kids of today (?). It sounds like a sleeper to me, but maybe we are on the edge of a historical paradigm shift with the demise of the internal combustion engine. Why would the Democrats reverse the use of US natural resources (pleasing the Environmentalists) when there is nothing on the horizon that will substitute in the near future? Suppose the new GM hybids do give 40 miles on batteries and then kick in a gas engine, you still need gas to make a trip or long commute. Then they say we should build more little self-contained villages where people can walk or use bicycles. How long will that take? We need gas! OK build solar, wind, tide (Oh no, never nuclear) etc. but leave the petroleum in the Gulf of Mexico for the Cubans to sell to China and at the same time keep those oil rigs out of sight from the Hollywood beach homes, etc. This is crazy to stifle US development of resources when there is no replacement except to bleed money to OPEC when our own economy is shaky. Apparently the reversal of Executive orders regarding off-shore drilling also concerns drilling on federal land in Utah and other sites within the U.S. so that petroleum resources right here will be denied.

Don Shillady
Retired Scientist/teen rodder

"Self contained villages", that sounds like something between "Utopia" and communism.