Putin is crying, Travoli.
(460 from Waverly to Zuni, Trav.)
We had DKK 9,46/L yesterday for 95 unleaded. Lowest in a loooong time.
If I did the math right, $2.06/gal = .71eu/L
<added>
I need gasoline to drop to 50cents/gal
Did the math:
9,46 DKK = 1,55 USD
1 gallon = 3,785 L
1 gallon gas in Denmark:
DKK 35 ~ USD 5,76
1 gallon gas in the US:
DKK 12,52 ~ USD 2,06
At 50cents/gal I'd be drinking it straight from the pump.
> drinking it straight from the pump
You have been to the states quite a few times. Acquired our tastes.
In the US, that's called neat.
>Putin is crying
I heard a "wounded bear" comparison on NPR.
Which might prove unpredictable.
http://www.businessweek.com/articles/2014-10-13/oil-prices-are-hurting-russias-economy
45% of national budget comes from oil
2015 budget based on $100/barrel
>Putin
I'm pretty sure oil falling so hard is a direct message to him. Yeah we have the shale oil boom, but Saudi Arabia could scale back to keep the cost up and they aren't.
Yeah, call it 'marketplace sanctions.' Win-win for Obama; US economy goes hockey-stick up and Putin's goes hockey-stick-down.
We some kind of record for gas prices falling for 92+ days straight. Apparently we're going to see another $0.10 drop and then it will level off.
http://www.weather.com/news/news/north-dakota-oil-by-rail-investigation
Those prices are probably for 87 unleaded. I don't know if you can even find 95 at a regular station anymore. At least near me the highest you can get is 93. But still, it's probably aroun $2.50/gal for 95
In my neck of the woods we're still well over $3.00/gal, but my neck of the woods is fairly far out into the woods. I was in the city on my way home from Christmas travels and bought 87 unleaded at something like $2.49/gal.
Quote from: Mackin USA on December 27, 2014, 01:42:24 PM
http://www.weather.com/news/news/north-dakota-oil-by-rail-investigation
Scary stuff.
Ergophobe, just curious, what do you have that you need 95 octane?
YAAAAAAAAA what do you have that you need 95 octane?
I don't have anything - it was in response to Rumbas comment
I'm a bit of a gearhead, so you peaked my interest. Local price yesterday was $2.36 at the discount stations.
Interesting with the octane comments. We only have diesel, 92, 95 and 98. Didn't even know 87 existed?
It looks like we use a different measure over here (US & Canada):
http://en.wikipedia.org/wiki/Octane_rating#Difference_between_RON.2C_MON.2C_and_AKI
Looks like 95 in Europe would be like 90-91 in North America.
I went on a road trip last month, and saw it at 1.96$ in Mississippi. Up here in the Chicago burbs at Costco it was 1.99! Which is unheard of for up here. Under 3$ was unheard of for the last few years.
I read it should keep going down.