A New Disturbance in the Force

By the by just bought gasoline for $3.35 per gallon.

Last January it was $3.19.

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Retail gas in Texas is up a lot more than that since last January. Average in Texas was $2.7 if you’re talking about January 2025. It was $2.4 in January 2026. Here’s the data.

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epm0u_pte_stx_dpg&f=m

More important than any specific price point is the trend in the data. Gas is up a lot.

I bought gas in NOLA for $3.52 last week with a Walmart+ $.10 discount. Looks like same place has it for $3.50 right now.

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Today will be a better time to fill up than tomorrow.

And nobody remembers what specific price they paid for gas in January. :laughing:

Yeah, same data set, just posting the numbers for our graphically challenged folks.

Year Jan Feb Mar Apr May Jun

2026 2.454 2.562 3.371 3.815 4.048

January 2026 $2.45 vs May 2026 $4.05.

That’s $1.60 more per gallon; or a 65% increase in 5 months.

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Should I snap a photo of my receipt?

Used a QT store. Paid $3.35.

If anyone is paying more…why? You like throwing money away?

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He was talking about last January.

No one doubts what you paid right now.

Are you sure you couldn’t have gotten it cheaper somewhere else? Did you even try? If not, do you like throwing money away? :thinking:

No, I’ll play. Paid 2.93 today at 7/11. Anyone else have the 7/11 app? On the 7th and the 11th days of June and July, 7/11 is offering 50¢ off per gallon. For veterans add another 10¢ deduction. 3.53 turned into 2.93. Go there empty. Go COOGS!

Told the wife today that it sucks when we can say 2.93 is a good price

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I’m supposed to run super unleaded in my truck, and I try to do that because it makes a difference, but ouch. $3.87 is the cheapest around me, and most places are over $4.00 - not as bad as diesel, though.

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My buddy pulled his 40’ condo on wheels to the Indy 500 with a F-250 diesel. Paid $5.67 in Illinois for diesel

Want to reduce home prices?

https://www.bloomberg.com/features/2026-dallas-h1b-housing-market/?embedded-checkout=true

I don’t want to reduce my home’s value.

Of course you don’t but all home prices are inflated.

On the bright side, your property taxes will go down

Counties have a way of increasing their tax rates to offset that.

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I think prices falling broadly would a disaster for the economy. Fortunately that didn’t happen to me in selling my house recently. It didn’t increase much at all since 2022 but they didn’t fall.

I do think the prior run up wasn’t sustainable and don’t want to see that again but I don’t want to see prices fall.

But I paid the same amount for a chicken sandwich as I did in January, so that must be fake. :laughing:

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What a difference a year makes.

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Of course, I’m experiencing my worst tomato crop in decades this year

Summer cookouts got a costly twist this year. Tomato prices climbed ~40% over the past year to $2.69 per pound in April, the most costly since 1980. A rough Florida growing season, rising diesel costs from the ongoing Iran conflict, and a 17% tariff on Mexican imports are squeezing supply from every angle. A few varieties are pushing close to $8/lb at some stores, leaving restaurants, Campbell’s and Conagra in a real pickle. At this rate, Grandma’s garden might outperform the S&P 500