Gas prices this summer

[desmond]

On one of my father-in-laws properties in Texas that has two oil wells on it now the oil firm wants to add another, they also offered him $2.7 million for the mineral rights. The wells are about a million each for all the equipment, so I can’t see gas prices ever going down with all the expense involved.

[bearishgurl]

[quote=desmond]On one of my father-in-laws properties in Texas that has two oil wells on it now the oil firm wants to add another, they also offered him $2.7 million for the mineral rights. The wells are about a million each for all the equipment, so I can’t see gas prices ever going down with all the expense involved.[/quote]

Totally agree, desmond. Gas (and Diesel) are not even that much cheaper than SD in the “oil belt.” And there are far more duelie “gas hogs” and tractor trailers there than here :={

[paramount]

California gas prices Dec 2011: 3.56 reg unlead.

We are just about in the same place this year.

No big deal I guess, nothing to see here.

[livinincali]

[quote=paramount]California gas prices Dec 2011: 3.56 reg unlead.

We are just about in the same place this year.

No big deal I guess, nothing to see here.[/quote]

Yup. Although over the whole year of 2012 you paid more than any other year.

Here’s a good resource.

http://www.sandiegogasprices.com/Retail_Price_Chart.aspx

[Author]

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