Gas prices down again in California!

@TheHorse (218781)
Walnut Creek, California
October 31, 2024 12:25am CST
Gas prices are down again in California, but I really don't know why. Are they down where you live? I have been too busy teaching and writing to follow oil prices and stuff like that. (Edit: Olive oil is still pretty expensive here.) I put a few gallons in today and "called it good." Are gas prices down where you live?
8 people like this
8 responses
• Cloverdale, Indiana
31 Oct
there starting to go down, but it was so high that it's just now getting where it's affordable again. Not at 4 $ a gal but close enough to stay home.
4 people like this
@TheHorse (218781)
• Walnut Creek, California
31 Oct
It's interesting to look at gas prices by year since 1970, both adjusted for overall inflation and not adjusted for inflation. Oil prices seem to drop when a war in the Middle East ends. Makes sense, I guess.
1 person likes this
• Cloverdale, Indiana
5 Nov
@TheHorse It's strange how things flip flop from 1 month to the next & it's blamed on everything under the sun, does any 1 know what the real cause or reason is ? ? ?
1 person likes this
@TheHorse (218781)
• Walnut Creek, California
5 Nov
@2ndchances24 I don't think so. There are too many factors at play all at once.
@akalinus (43196)
• United States
31 Oct
If gas prices are going down, it is likely because of the election. The ones in power want to look good and make people think they care. The prices will go up again after the election.
2 people like this
@ptrikha_2 (46947)
• India
31 Oct
@akalinus Akin to what we see here too. Well, that could be called the democratic commonality !!
2 people like this
@TheHorse (218781)
• Walnut Creek, California
1 Nov
@akalinus None of us ever know everything that's going on!
@TheHorse (218781)
• Walnut Creek, California
31 Oct
I have noticed that pattern over the years. By president, prices start low, increase a bit, and then drop before the next election. But the causes could be different in each case.
@ptrikha_2 (46947)
• India
31 Oct
Of late, International Oil prices have been subdued. It could have meant a reduction in Gasoline (Petrol) and Diesel prices. Yet, the Government here keeps taxes high on these two to get better revenues. Well, that is s long story. Prices could still come down if the International prices slide further.
1 person likes this
@TheHorse (218781)
• Walnut Creek, California
31 Oct
I hope they come down for you as well. They're under $4 at some stations here. That's "unheard of" in Northern California.
1 person likes this
@LadyDuck (471497)
• Switzerland
31 Oct
Crude oil price dropped dramatically 3 days ago, that is the reason.
1 person likes this
@LadyDuck (471497)
• Switzerland
31 Oct
@2ndchances24 It's not the USA that dropped the price of crude oil, but Saudi Arabia.
2 people like this
• Cloverdale, Indiana
31 Oct
that's cause the election is just around the corner & if she gets in office it won't last long you can count on that.
3 people like this
• Cloverdale, Indiana
31 Oct
@LadyDuck REALLY ? Wonder what that's all about
1 person likes this
@wolfgirl569 (106213)
• Marion, Ohio
31 Oct
They went up a little but staying in a decent range
1 person likes this
@TheHorse (218781)
• Walnut Creek, California
31 Oct
Glad to hear.
1 person likes this
@LindaOHio (178568)
• United States
31 Oct
Yesterday I saw prices anywhere from $2.69 to $3.19. I suspect they will go up around Thanksgiving. Have a good day.
1 person likes this
@TheHorse (218781)
• Walnut Creek, California
31 Oct
You too.
1 person likes this
@LindaOHio (178568)
• United States
1 Nov
@TheHorse Thank you very much.
@Tina30219 (81915)
• Onaway, Michigan
7 Nov
The gas prices are different prices where we live in town it is $3.09 30 minutes away it is $3.26 it is crazy all these different gas prices.
@Ronrybs (19268)
• London, England
31 Oct
I saw a news item on YouTube, from ABC I think, about a drop in fuel prices. Don't think they have moved over here
1 person likes this
@TheHorse (218781)
• Walnut Creek, California
31 Oct
Hope they drop for you as well.
1 person likes this