How Low Will Gas Go? $1.94 here in Wichita..... Lower Prices Change YOUR Habits?

  • HndsmKansan

    Posts: 16311

    Nov 02, 2008 3:01 PM GMT
    It seems like a dream... gas at less than $2.00 per gallon. What will the bottom be with gas prices? Here in Wichita we have some of the lowest in the country.

    My worry is that many will forget the pain of recent memory and go back to old practices. Perhaps the economic problems of late will serve as a reminder.

    Have you changes your approach with driving as prices have declined?
  • Menergy_1

    Posts: 737

    Nov 02, 2008 3:12 PM GMT
    Nope.
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    Nov 02, 2008 3:16 PM GMT
    Im hoping and praying that gas will go back to what it used to be when I was in college. Regular was about $0.93 a gallon. I dont see that happening, but it would be so nice if it did.
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    Nov 02, 2008 5:28 PM GMT
    Nope. It's still cheaper to walk.
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    Nov 02, 2008 5:31 PM GMT
    Still riding my bike... will continue to do so until it's way to cold to do so.

    I have to say... I wonder if anyone (particularly car-makers) learned anything about the benefits of hybrid technology in cars as a result of the gas price spike and we will start seeing more of them on the road. Or is it just going to be a collective wiping of the brow and a "Whew... thank God that's over with."
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    Nov 02, 2008 5:43 PM GMT
    gymguy1 saidIm hoping and praying that gas will go back to what it used to be when I was in college. Regular was about $0.93 a gallon. I dont see that happening, but it would be so nice if it did.


    Wouldn't that be something? Gas at what it was 30 years ago? How about taking it a step further? Houses now selling (in California) for $1,500,000 were approximately $85,000. A great car at the time could be found for $15 - $20,000. Insurance, groceries, clothes, vacations, just about everything was much more reasonably priced then. However - my first salary out of college was $26,000 a year, hardly enough to live on anywhere today!
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    Nov 02, 2008 6:00 PM GMT
    HndsmKansan said
    Have you changes your approach with driving as prices have declined?


    Nope. But I have changed* my approach over the last 6 years in general icon_wink.gif

    It's amusing how prices are almost as low as they were when I had my Insight 5 years ago. Back when everyone gasped in horror at a car that took over 12 seconds to glide up to 60 mph.

    My one hope is diesel prices drop even further. I'd like the Accord diesel if it really comes in 2010.
  • Sparkycat

    Posts: 1064

    Nov 02, 2008 7:11 PM GMT
    Wait until after the election. Then the price will go back up. I think the price is being manipulated by oil companies so we will all be happy and maybe vote republican. Yes, that sound's a tad paranoid, but I think it's true.
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    Nov 02, 2008 8:12 PM GMT
    I wouldnt hold my breath. It seems that months and months of speculation brought the gas/oil prices as high as they were before....

    point being....we dont have much control over the prices and I think it wont be long before we see an upturn in the prices....driven by whatever 'new' source....

    there will undoubtedly be SOMETHING that drives oil up in the future...

  • BizzQuik

    Posts: 116

    Nov 02, 2008 8:32 PM GMT
    I have changed my habits now that prices are lower. I really am driving less. This is also because I live on my college campus and parking near my apartment is bad so when I get a spot I stay there for days. Lol. I drove a lot more this summer when gas was over $4 a gallon.
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    Nov 02, 2008 8:42 PM GMT
    ZbmwM5 said
    there will undoubtedly be SOMETHING that drives oil up in the future...



    Demand and supply. Or rather increased demand in the developing world and a higher cost to drill from existing and new sites. Oil from the ground in Alaska is far less expensive to drill and refine than oil in a deep water rig. The price gets passed on. If we demand oil companies use up existing land leases they will have no choice but to raise prices to match the cost.
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    Nov 02, 2008 8:58 PM GMT
    About $2.50 in my area, which is substantially cheaper than it was a few months ago. Even though I drive a high mileage car, I'm very careful about gas consumption and will continue that habit regardless of what happens to prices in the future.
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    Nov 02, 2008 9:02 PM GMT
    We still carpool everyday to school (about 18 miles). We really don't drive anywhere else unless we have to.

    The best part about gas prices this summer though.....no traffic. These soccer moms and SUV drivers couldn't afford to drive so the traffic was always so easy.
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    Nov 02, 2008 9:08 PM GMT
    I may start drinking gasoline instead of Crown Royal. Could be less expensive.
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    Nov 02, 2008 9:22 PM GMT
    Wow, I filled up Friday for $2.21 USgal(-1). The previous tank was $3.32. If only that trend would continue.

    But I just blew $1000 on tires for the farm truck, and can't put off changing the timing belt on the 4-runner any longer. I'm scared to try to do it myself. So basically, my transportation budget is screwed anyway.
  • coolarmydude

    Posts: 9190

    Nov 03, 2008 12:46 AM GMT
    The lowest here is $2.37. The other day, I filled up my 9 month old truck for less than $50 for the first time. I saved about $27 from the summer highs. icon_razz.gif
  • DCEric

    Posts: 3713

    Nov 03, 2008 2:24 AM GMT
    I hate you all. 2.53
  • NursePractiti...

    Posts: 232

    Nov 03, 2008 3:23 AM GMT
    OPEC already announced they are going to cut production this last week. Oil companies make a lot of money and have discovered that we are willing to pay a very high price. Not to mention the tax breaks we still give them. Gas went down here in Tampa, but the fall started slowing last week and I noticed today that it already started to creep back up. Will be interested to see how this plays out elsewhere.
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    Nov 03, 2008 7:35 AM GMT
    $1.84 along i-77 in sc (exits 73-75)
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    Nov 07, 2008 1:29 PM GMT
    HndsmKansan saidIt seems like a dream... gas at less than $2.00 per gallon. What will the bottom be with gas prices? Here in Wichita we have some of the lowest in the country.

    My worry is that many will forget the pain of recent memory and go back to old practices. Perhaps the economic problems of late will serve as a reminder.

    Have you changes your approach with driving as prices have declined?


    I think this is proof that the price of oil has been used against the United States as a weapon. Now that we have elected a coward, it is OK for us to get cheap gas again...
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    Nov 08, 2008 3:01 AM GMT
    In my province it is all about how big your truck and house are; people are glorified for raping the environment. I hate hearing the excuse, I need to haul things. Bullshit, for the one or two times a year you may need to haul, rent a truck!

    Thankfully, I have always been environmentally conscious and try to undo the sins of all the other bastards. Don't people have concern for their children and grandchildren?
  • Aquanerd

    Posts: 845

    Nov 08, 2008 3:06 AM GMT
    HndsmKansan saidIt seems like a dream... gas at less than $2.00 per gallon. What will the bottom be with gas prices? Here in Wichita we have some of the lowest in the country.

    My worry is that many will forget the pain of recent memory and go back to old practices. Perhaps the economic problems of late will serve as a reminder.

    Have you changes your approach with driving as prices have declined?


    If people did change their habits, let's hope the continue. If demand stays low, then prices will stay low.
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    Nov 08, 2008 3:08 AM GMT
    $1.73 today. Louisville Ky. Get here quick.
  • tailgaytor

    Posts: 41

    Nov 08, 2008 3:28 AM GMT
    Dropped to 1.93 in Kansas City (KS side) MO side is probably ten cents cheaper.

    Hope things are going well for you HndsmKS...i still get to wichita on occasion...maybe I will run into you again.
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    Nov 08, 2008 5:48 PM GMT
    1.83 in Brownsburg on my way to work. Didn't go up or down at all this week.

    I can't guess an absolute bottom dollar amount, but I REALLY hope it stays under $2.00 for a long time.