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Gas Prices

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Still waiting for $5 a gallon so people will stop complaining and start adjusting.

 

Even that's not going to matter for the vast majority. Unfortunately, it's not feasible for most to adjust in the manner that would bring about any real change.

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Still waiting for $5 a gallon so people will stop complaining and start adjusting.

You keep saying this but it doesn't appear to make a difference. In 2013 the US used less gas than in 2002. The average price in 2002 was about 1.40. The average price in 2013 was about $3.50

Even that's not going to matter for the vast majority. Unfortunately, it's not feasible for most to adjust in the manner that would bring about any real change.

 

In the short term (less than a year I would guess) you are correct but if gas were to be above $5 going forward, in the long term (more than a year) I think you would see people trending more towards smaller cars and also, when it comes to buying homes or moving to a new apartment, how close that new house or apartment is to their place of work will be considered more so than before.

Last week gas was $3.69-3.79 in Somerset and surrounding areas but was only $3.29-3.39 in Pigeon Forge/Gatlinburg area

 

In Somerset it seems that gas goes up .10-.20 cents each Thursday/Friday then will drop back down about half of that increase on the following Monday/Tuesday...then it repeats again on Thursday.

Last week gas was $3.69-3.79 in Somerset and surrounding areas but was only $3.29-3.39 in Pigeon Forge/Gatlinburg area

 

In Somerset it seems that gas goes up .10-.20 cents each Thursday/Friday then will drop back down about half of that increase on the following Monday/Tuesday...then it repeats again on Thursday.

Gas seems to be cheaper in TN then KY. Was in Nashville last Friday. It was about $.20 cheaper then here.

Gas seems to be cheaper in TN then KY. Was in Nashville last Friday. It was about $.20 cheaper then here.

 

I've noticed this as well. The further south you go, the cheaper the gas gets (to an extent).

I've noticed this as well. The further south you go, the cheaper the gas gets (to an extent).

Less transportation costs. Now that doesn't account for it being that much cheaper in Nashville versus WKY. That probably has more to do with state and local tax differences.

Just looked it up and Ky has a $.301 pg state tax versus TN at $.214 pg.

You keep saying this but it doesn't appear to make a difference. In 2013 the US used less gas than in 2002. The average price in 2002 was about 1.40. The average price in 2013 was about $3.50

 

Well aware demand is way down but want enough change to put the terrorist in OPEC out of business. Doesn't matter if we use less when their product is worth 6x what it was during peak use.

 

We are screwed in our lifetime they have us and know it, hoping for change in my children's lifetime.

 

3.50 gas doesn't even draw news headlines now, it's accepted.

Just drove to Florida and gas most places is $3.46.

Even that's not going to matter for the vast majority. Unfortunately, it's not feasible for most to adjust in the manner that would bring about any real change.

 

Agreed. I go through about a tank of gas per week. That's 20 gallons, at say even $4 per gallon...so 80 bucks a week. For a full year, that's nearly $4,200. So, say I get a "newer" vehicle that doubles my gas mileage...that cuts my annual gas costs to $2,100. But, if the new vehicle costs me even just $10k...it'll still take 5 years for it to pay for itself!!!

 

While it's not something that I look forward to...it's just easier right now to bite the bullet and pay the higher prices.

Friday overnight traveling home from Mississippi, I filled up at Franklin, Ky., just across the Ky/Tenn border for $3.45. Four hours later as I refilled in Wilder, Ky., it was $3.89. That's a pretty big discrepency within the same state and within hours of each other.

Friday overnight traveling home from Mississippi, I filled up at Franklin, Ky., just across the Ky/Tenn border for $3.45. Four hours later as I refilled in Wilder, Ky., it was $3.89. That's a pretty big discrepency within the same state and within hours of each other.

 

This is the part of Gas pricing I just don't understand. You can even see .20 differences in the next town over. For a long time, gas in Florence was regularly .10-.15 cheaper than what you could get it for in Kenton County.

 

I can still remember when I first moved out here in 1998. I had a meeting in Indy and bought gas there for .68/gallon. And it wasn't all that long ago that it had briefly dipped below $2.00/gallon. The cheapest I've gotten gas in the last few years was when I was traveling to New Orleans and got gas for $2.69 in Mississippi.

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