In Greece it was 1.97 - 2.07 Euro per liter. Not a single Dodge pickup truck in sight
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Yes, it’s more expensive there and always has been. That doesn’t make me feel any better about what I’m paying.
On that note, I just made a trip and saw gas ranging from $3.44-$3.99. That’s about as high as I’ve seen it this year.
The whole “gas prices have dropped” schtick is pretty wild. Wholesale gasoline prices are objectively the highest they’ve been in 4 years, regardless of someone randomly buying it for a low price at some Pic-n-Pac with a high water cut.
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How interesting that so many reacted so strongly to a simple statement as to current gasoline prices.
Literally went ape to dispute the facts. I am in Williamson County. On Saturday went into part of Travis County and saw even lower prices.
Citing “average” prices automatically tells you that many prices are BELOW the average. Literally how that number is calculated,
Prices have stopped going up,and have come down, where I live. That is a fact.
If your area of Texas is not seeing that,then that is your fact.
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Where did that happen besides in your imagination? 
So anyway, given that wholesale gasoline prices have continued to rise faster than pump prices, I think what we’re seeing is that individual stations are choosing to take a lower margin on sales to keep customers coming in the door for the time being.
And these aren’t “my facts” - these are just facts.
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No one is going ape. We are just giving what’s going on broadly vs something very specific. It was an odd take to say prices are down $.50/gallon. No one else in the country is seeing that but you apparently. If you say something that doesn’t match what anyone else is seeing, don’t get upset when someone contradicts it.
And you’re saying January gas prices were above $3 which is also suspect. Crude was at $60/bbl then and gas prices were well below that.
No one has their own “facts.” No one is giving you their own facts either. Everyone is telling you what the numbers say other than what you saw on sale somewhere.
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I saw it for $3.44 today at Walmart but that’s not atypical. Walmart and grocery stores tend to use gasoline as a loss leader to drive loyalty and make you think everything they sale is cheap. It’s a gimmick.
Anyway, that $3.44 has been pretty constant. In fact, I’ve seen it lower over the last few weeks.
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Really I’m really just tired of him presenting his personal experience as a fact that can be applied anywhere. He uses it this personal anectdote every time as if it magically represents everyone, everywhere.
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I can’t tell if this is sarcasm or if you genuinely believe this. LOL.
I saw it for $3.99 today just outside of Dallas(true story). Gas prices are up in Texas! (This is sarcasm btw)
A real risk for S&P 500 indexers is the large, private companies such as OpenAI, Anthropic, SpaceX, etc. that are going public at $Trillion valuations later this year and next.
Because they are private, equity investors missed out on the phenomenal growth of these companies. But indexers will be forced to buy them at sky-high valuations after they IPO.
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You can get some action through mutual funds.
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Filled up this morning for $3.35.
The station is in The State of Texas.
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Everyone should be filling up while they can. Prices are headed up.
Cheapest around me is $3.47 and wholesale prices (excluding taxes and fees) are highest since mid 2022 (up 5% today).
we have entered the new phase…
I’m sure you can find gas at $3.35 at a grocery store, Walmart, Costco, etc or at a cash discount somewhere, for now anyway.
Prices are headed up though and anyone charging that is doing so at a loss leader price.
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Wholesale gasoline prices are over $3.70 now, and oil futures are starting to catch up with physical prices.
Gasoline inventories dropped more in the past week than they ever have outside of interruptions from hurricanes. And it’s a continuation of a sustained fall. This is the time of year when you would typically see supplies building ahead of summer.
It’s about to get real.
I just saw that Brent has been above $120/bbl today, which is the highest since 2022. It may be on a trajectory to exceed 2008 prices.
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We’re exporting oil like a mother which is why inventories are dropping
Well, yeah. There’s a global shortage, and that’s driving up prices. We’ve been the world’s largest gasoline exporter for years.
The world’s problem is our problem.
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A little dated, but context on gasoline exports. We supply 16% of world total.
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