RSS RSS Twitter Twitter
Leftlane - news, reviews, and info for the auto-industry
 
 

Gas prices fall as low as $2.05 in Iowa

09/12/2006, 3:39 PM

By admin

Gas prices today fell as low as $2.05 in Iowa for a gallon regular unleaded. 15 pumping stations reported prices between $2.05 and $2.16. Yesterday, we reported that gas prices nationwide fell an average of 21 cents over the past two weeks. In late August, the Oil Price Information Service reported gas prices could fall close to $2 by Thanksgiving.

    Print This Post

New car price quote

Zero obligation price quote from a trusted local dealer.
 
 

09/12, 3:59 PM

posted by:

GL1

itll go back up again after the ellections as its all a scam by that white house manure pile Bush anyway..

09/12, 4:02 PM

posted by:

YourNameHere

^agreed.

09/12, 4:03 PM

posted by:

phogstenjr

Maybe SUV and Pickup Truck sales will increase this month!

Paul

09/12, 4:17 PM

posted by:

1c3d0g

About time if you ask me…

09/12, 4:22 PM

posted by:

LSCMKVII

This is why people from Omaha always cross the river to Council Bluffs for gas……..also because their ‘gas tax’ isn’t as bad as NE’s….

09/12, 4:25 PM

posted by:

A non E Moose

Like the President or the White House sets the price of oil. Are you guys for real? Please!

You may not like the politics of Bush, so then don’t you think he would already have been dropping the price to win over more people for the last THREE years we have been “at war” in Iraq? As his numbers slip, the gas prices should then go down too, and they have not.

Blame OPEC and speculators, NOBODY else!!!

09/12, 4:27 PM

posted by:

gsh

youre right, bush didnt do it. hes isnt that smart…

09/12, 4:32 PM

posted by:

Bush

Blame OPEC and speculators, NOBODY else!!! –
I’ll agree with that but dispite them the oil companies have had record profits recently. Something stinks just before the elections. If I’m wrong, fine, but it still stinks. I don’t remember prices ever dropping this fast.

09/12, 4:49 PM

posted by:

1952 MG TD

Filled up for mid-grade here in Denver at $2.95 yesterday…. Haven’t seen much change. My guess is the retailers are choosing to gouge around here.

09/12, 5:31 PM

posted by:

Jameson

Bush, prices after Katrina sank almost as quickly. This was after the oil companies were being taken in by congress to testify about price gouging.

To this point, I haven’t been one to buy into the usual Bush-oil company connections ahving anything to do with price, nowever, it is becoming more evident that somehow the overall price of oil is being manipulated by commodities traders using faulty government data. Last month, the EIA stated that they overestimated U.S. oil demand, which was causing a barrel of oil to skyrocket. That, combined with increased U.S. oil and gas inventories has caused the resulting price to fall, although I think that the actual figures are just estimates.

The faulty government data bothers me a bit. It could be that the government has its hand in this. No one has really explored that angle.

Gas is down to $2.68 in the Orlando area. This still unacceptably high, but headed in the right direction. I wouldn’t be surprised to see the price jump after election day.

If there is manipulation by the administration and Karl Rove, they should have driven the prices down a lot earlier. High gas prices are a reason that the Democrats may take over the House without having to do a damned thing but keep their mouths shut.

09/12, 5:35 PM

posted by:

Jim in LA

a variety of factors influence prices at the pump, moose.

1. the current price of crude
2. world instability (that means middle eastern wars)
3. refinery capacity and periodic shutdowns for “maintenance” (cough cough)
4. demand / time of year / holiday traveling
5. the chicago board of trade and those lovely traders who seek to profit from spikes and drops, at our expense
6. federal, state and local taxes

…and a number of other things.

just so we have it straight, the american presidency easily influences a NUMBER of those elements in that list, through a variety of methods.

be american. think for yourself. stop letting limbaugh do it for you.

09/12, 5:40 PM

posted by:

davidg1977

I find it amazing that left wingers (sworn libertarian on this end) can blame the white house for both the rise of gas prices (profiteering and price gouging) and the fall (fixing to win an election).

what would be the right thing for policy makers to do theN? make it a federally enforced price that doesnt adjust with the market? now the left would LOVE that…

09/12, 6:07 PM

posted by:

Bonquisha Jackson

It’s $3.35 in my parents 90211 zip code

09/12, 6:22 PM

posted by:

Fatstrat

Left wingers will blame Bush for everything.
Do you have the faintest idea how many people would have to be in on even this minor conspiracy? Each one could be wildly famous and make some real good money just to break the story. You guys are just prescious, talk about thinking for yourselves. You should try it sometime.
It also cracks me up when you idiots refer to the President as being somewhat other than intelligent. Like someone who has a MBA from Harvard, was a jet fighter pilot, and has been elected and re-elected as a Governor and President of the US is not smart. You morons couldn’t even get a job cutting the grass at Harvard let alone achieve an MBA from there.

Stick to cars, which you hardly know anything about as well, but at least you can fake it.

09/12, 8:06 PM

posted by:

nst101

Where in Iowa? It’s still $2.25 here in Cedar Rapids. I guess this is finally something good about living in Iowa!

09/12, 10:19 PM

posted by:

Joey D

I’m so sick of hearing it’s Bush’s fault, I don’t particularly like the guy as president but it isn’t his fault or his well doing for the gas prices. So many things affect the price of gas it’s not even funny. Like I’ve said before the reason the price went up was due to some pissed off Jews shooting at some pissed off Muslims. Once they got out of their “we have county PMS” phase, gas started going down steadily.

I agree with fastrast though, Bush isn’t stupid, no president is stupid, they may be puppets for their admins. It always makes me laugh when people say that, like you could do a better job…which you couldn’t. However since America has free elections, I say anyone who doesn’t like Bush to go ahead and run for office in 2008, if you have good ideas I’ll vote you in.

09/12, 10:36 PM

posted by:

Impulsive

“Joey D”, maybe you missed the debates … he’s stupid.

09/12, 10:37 PM

posted by:

LamborghiniZ

PS- Fatstrat, I love you quoting all of your ‘knowledge’ about Bush, and you can’t even get the place he went to college right! PATHETIC.

09/12, 10:52 PM

posted by:

Joey D

Apparently so Impulsive…and LamborghiniZ just by the way you conduct yourself I can’t in good nature think of you as a human with anything intellegent to say.

09/12, 11:16 PM

posted by:

Ricardo Head

We was gettin’ assraped

09/13, 2:22 AM

posted by:

Hal

Long Term there isn’t much the goverment can’t do anything about the price of oil but short term they can influence it in a few ways. The federal oil reserve numbers are released monthly and influence the oil price. The white house can influence events in the Middle East. A speech about Iran can send the price up or down. Pressure can be exerted on countries like Israel (to hold fire)and Saudi Arabia (to keep the taps on). Its just “good politics”.

09/13, 8:27 AM

posted by:

Jimbo - G Mill$

Jim in LA. you are the fu©kn man.

09/13, 10:51 AM

posted by:

Fatstrat

I meant yale, but Ivy League anyway. You get the point.
The rest of your post is BS and typical of all the drooling idiots who make minimum wage but somehow think they are smarter than any President let alone this one.
I am not a Bush kool aid drinker. There is plenty I strongly disagree with him on. But the characterization you left wing drooling idiots heap on him is just unreal. Sure ‘bought his way into Yale’, ‘dodged the mdraft’ etc… What is is like to live a life based on hate and retarded conspiracies? Must be pretty rewarding.
More crybaby reactions leftover from losing the election, make that the last two, and if the left keeps up its loser ways then it’s going to be 3.

09/13, 12:36 PM

posted by:

imageWIS

Ok, people: Bush went to both Yale and Harvard; he got his BA from the former and his MBA from the latter. Also, the reason he went to both of those schools was because of the never-changing legacy admittance at the Ivy League level. Bush got in because of his father, who in turn got in because of his father. Legacy admissions are a big problem at the ‘top schools’ and anyone who actually knows about them would know this.

Regardless, the prices at the retail end of gas are set by the oil companies, which have ties to Cheney and thus they are the ones who set the price you pay at the retail end. Are there market factors? Of course, but you have to factor in the cost of them lowering the prices to ensure that ‘their’ candidates get elected, and thus vote in Congress in the gas companies favor.

Jon.

09/13, 8:01 PM

posted by:

LamborghiniZ

Joey D, that’s a typical response from someone who doesn’t know how to respond to someone who has presented them with a plethora of statistics and facts against them. I don’t see you responding to my points with any intelligent retorts, you my friend, are the one without anything intelligent to say, because you clearly have no idea what the hell you’re talking about, and end up getting defensive when I hand your ass to you with a variety of reasons why Bush is a failure at president, because he is, over 60% of the nation agrees. Deal with it. He’s an idiot. And you’re wrong.

Fastsrat, no I dont get the point, how can I listen to someone with nothing to back their point up on, you arent sayin ganything, you aren’t stating any facts, you aren’t providing any info at all to back up what you’re saying about Bush. You know absolutely nothing, you’re just babbling about how you think I’m wrong, but you arent supporting your position at all.

09/13, 8:43 PM

posted by:

Joey D

Wrong huh? Whatever you say but I’m not the one swearing left and right and calling people idiots. You don’t come across as someone who is sane when you talk like that. Some people like Bush some do not, its a fact of American politics. If you think you can do a better job and you are an American citizen I say run for office yourself, it’s a free country and you are allowed to do so, if your ideas fly then you to can hold office. Everyone has an opinion, those that get listened to are the ones that are shown in a decent way, something you failed to do.

I’ve said how and why gas prices went up, it was due to the fighting between Israel and Hesbolah. This made the Mid East more unstable and thus messing up oil production. Simple supply issues. Bush is not the cause of it, nor is he to commend for bringing prices down.

09/13, 11:09 PM

posted by:

LamborghiniZ

Look Joey, lets be real, dont go off and tell me the typical defending bush response which is always ‘do you think YOU could do a better job yourself? if you can do it!”. stop. stop right there. How does it matter, in any way, whatsoever, if i could do a better job? It doesnt. Do you know why? Because i’m not the president. The president should be doing a good job, and yet he is not. It is completely and utterly irrelavent if I could do better, because im not TRYING to be president, however the president that is representing the country I live in, and the one making many major decisions better be qualified, so therefore that is where the focus should lie, whether or not the man that IS president is doing a good job, not, haha, whether or not i could do better. because like i said, its irrelavent.

secondly, your comments telling me to run for office are stupid. i dont know how else to put it. im sure you’re aware the difficulty it takes to run for office, especially to run for president. are you aware of the incredible hassle it is to become a figurehead in the political scene, much less to become the nominated candidate for your party? i’m sure you do know that that is next to impossible, the average citizen has as much of a chance of getting on the ballot for president as he/she does becoming a professional basketball player. i’m sure you knew all of that, as it is common sense, after all, which makes your saying it even more pointless and worthless.

lastly, swearing does not indicate sanity/insanity, that’s common sense too. and people who are idiots often get called idiots, im not going to call bush a genius, or even moderately intelligent, if he was he could muster better than a C- in college.

09/13, 11:48 PM

posted by:

Impulsive

What’s the saying … a country gets the leader it deserves?

You guys voted the dummy in, now deal with it.

09/14, 11:00 AM

posted by:

Piablo

Here’s a link explaining why the prices are what they are.

http://seattletimes.nwsource.com/html/businesstechnology/2003257679_oilconsumers14.html

09/14, 11:17 AM

posted by:

OilInvestor

More people need to buy the big GM gas guzzling SUV’s so that my stock price will rise. I hope GM opens a dozen new Hummer dealerships in every state to increase sales of these babies and thus the need for more oil.

I can’t wait.

09/14, 4:51 PM

posted by:

LamborghiniZ

Impulsive, I didn’t vote him in, I didn’t vote for him at all, in any of the elections he was a candidate in. So since I didn’t vote him in, i do NOT have to deal with it, and I can point out his faults and failured as much as I’d like. Plus, in 2000 he WASN’T voted in, the electoral college put him in office, not the popular vote. So…your point has no significance.

09/14, 8:22 PM

posted by:

1c3d0g

You have to forgive Impulsive for his posts, he only has 3 braincells to work with, so it takes time for him to realize the bull**** he posts.

09/16, 2:09 PM

posted by:

LamborghiniZ

1c3d0g, you’re quite right about that.

 
 
You need to log in with your user name and password before you can leave comments.

    

Forgot your Password?

Don't have a user name yet? Simply fill in the form below and click the link provided in the
confirmation email. You must supply a valid email address to complete the registration process.

  
 
 
 
 
  • Login
  • About
  • Contact
Please note that you need to log in with your user name and password before you can leave comments.
  

login
cancel
Forgot your Password?
Don't have a user name yet? Click here to register now.

Simply fill in the form below and click the link provided in the confirmation email. You must supply a valid email address to complete the registration process.

  
submit
cancel
Leftlane is the leading source for automotive industry and vehicle news, new car research, future vehicle information, and reviews. Read by car shoppers, driving enthusiasts, autoworkers, executives, and investors, the website is updated throughout the day with the very latest auto news - as it happens.

Leftlane also provides consumers with accurate and media-rich information on every car currently on the market. In-market shoppers can review specs, read overviews, view high-resolution images, watch videos, and estimate pricing. No other automotive publication brings together the same degree of timeliness, thoroughness and accuracy as Leftlane.
 
submit
cancel