And there was much rejoicing in the land.... Gas Prices

[Sgt Beavis]

Gasoline Futures are currently at $1.68!!!!

DallasGasPrices.com shows prices as low at $2.17. We will definitely get below $2.00 at some point in the very near future.

The Texas oil industry is gonna take a hit but I think the State will make it up in other industries. Things are looking pretty nice IMO...

[matts5.0]

Gasoline Futures are currently at $1.68!!!!

DallasGasPrices.com shows prices as low at $2.17. We will definitely get below $2.00 at some point in the very near future.

The Texas oil industry is gonna take a hit but I think the State will make it up in other industries. Things are looking pretty nice IMO...

This is a bad thing. Someone will come along and explain shortly.

[bcoop]

I paid $2.14 last weekend in HEB.

[bjtheman1]

Stock market is taking a pounding as well, not a good thing!

[BP]

This is a bad thing. Someone will come along and explain shortly.

As long as you have a stable job that's not related to the O&G industry at all you'll probably be okay. That's assuming the Russians and Iranians don't start bombing the Saudis over it.

[fordracing19]

In Gainesville O&G is huge. If they cut back we will be hurting.

[CexMashean]

This is a bad thing. Someone will come along and explain shortly.

With how hard we've been dicked with gouged gas prices the past few years, I'm ok with them taking a hit for once instead of the consumer.

[gearjammer351]

Finally, President Obama's policies are making life better for the working class!

[TRAILBLAZER]

I am enjoying the lower prices, not stupid enough to think its going to last long. I would think the O&G industry could surely hang tough for a few months waiting to see which way its going before big changes .

Everything I have read is they would not change anything at minimum 9 months of below 63 a barrel crude .

I'd say the odds of 1.99 at the pump for the next year is not very likely .

[2011GT]

So the nation will see the cost of foods, goods and other services decrease? I can live with the oil and gas industry profits to decline.

[bcoop]

Lower prices wouldn't hit that industry so hard if they didn't spend like teenage girls with Daddy's AmEx Black.

[zachary]

This is not a good thing...at all

[CexMashean]

This is not a good thing...at all

For who?

[Sean88gt]

Not sympathetic. My economy sucks being in school, so my buying power is limited to groceries and gas. There isn't much beyond that I'm buying.

[Baron Von Crowder]

Not sympathetic. My economy sucks being in school, so my buying power is limited to groceries and gas. There isn't much beyond that I'm buying.

at least you have gas!!