Gas selling for under $1 per gallon in 13 US states

Re:Gas selling for under $1 per gallon in 13 US states by Wowfunhappy on Monday April 20, 2020 @10:05AM (#22923892)

Of course, the reason you're not driving right now is also the reason prices are so low.

You can't beat the system...

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by philshem on Monday April 20, 2020 @10:10AM (#22923918)

Reminds me of the old witticism “You aren’t stuck in traffic. You are traffic.”

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by mrweasel on Monday April 20, 2020 @10:56AM (#22924337)

Not the only reason. Until last week Russia and Saudi Arabia was in a price war, which was/is a large part of the reason for the low gas prices, at least in the EU.

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by Wowfunhappy on Monday April 20, 2020 @11:36AM (#22924801)

My understanding was that the price war was still, indirectly, caused by the Coronavirus. The price was dropping a little early on when the virus was mostly confined to China, and the OPEC countries couldn't agree on who should cut production... so they broke up and made everything worse.

https://www.npr.org/2020/03/11/814529252/episode-978-coronav...

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by gwbas1c on Monday April 20, 2020 @10:17AM (#22923966)

I bought some 6 gallon jugs about 18 months ago, but you'll spend more on the jug than what you'll save.

(I use them to store ethanol-free gas for my power tools. I buy the gas at an airport about 25 minutes away from my house, and at $6 a gallon, it's "worth it" to make a trip about once a season.)

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by BenjiWiebe on Monday April 20, 2020 @10:34AM (#22924105)

Wow, $6 a gallon for ethanol free? Here ethanol free is around 30c more than regular E10.

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by mveety on Monday April 20, 2020 @10:54AM (#22924310)

No I'd bet he's getting avgas. That's avgas price territory.

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by bluGill on Monday April 20, 2020 @12:05PM (#22925151)

Probably 100 octane "low lead". Which has a lot of lead in it. Some people swear by it.

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by gwbas1c on Tuesday April 21, 2020 @08:03AM (#22934137)

No.

"Low lead" gas destroys power tools.

The airport that I go to sells both unleaded and "low lead." It's very easy to choose the "unleaded" pump. It's lower octane than 100, but I don't remember the exact value.

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by dkdk8283 on Monday April 20, 2020 @10:13AM (#22923941)

I live in area with lots of natural disasters and store fuel on site. It’s already full, but thinking about buying another tank to take advantage of the prices

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by brianwawok on Monday April 20, 2020 @10:41AM (#22924180)

How fast do you go through it, and would you add stabilizers so it spoilers slower?

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by dkdk8283 on Tuesday April 21, 2020 @07:45AM (#22934019)

I have 11 days of on site storage - approx 300 gallons.

It’s diesel, I add stabil and polish it annually. Injectors for my 4 cylinder generator are $350/ea. Can’t fuck around

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by nafest on Monday April 20, 2020 @11:21AM (#22924632)

You could buy oil certificates, if you think prices will raise again.

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by foobarian on Monday April 20, 2020 @12:25PM (#22925395)

That reminds me of this incident where someone got a lesson in how the trading "rubber" meets the road: https://thedailywtf.com/articles/Special-Delivery

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by sah2ed on Monday April 20, 2020 @03:18PM (#22927330)

That was a funny read!

It’s been a while since I saw links to TDWTF. Didn’t know they were still kicking.

[ Parent | on HN ]

Re:Gas selling for under $1 per gallon in 13 US states by driverdan on Monday April 20, 2020 @12:52PM (#22925700)

What's an oil certificate? Do you mean futures?

[ Parent | on HN ]