Average Price Of Gas Betting Odds ⛽💸

[Tanko]

I blame my neighbor.
He drives an F650. 6 mpg.

 

[carolinakid]

^ouch

 

[parrothead]

Update 6/24/23


US National Average Gallon of Gas on June 30th?


Under 5 $ -160
Over 5 $ +120

Over $5 for sure

 

[Wagerallsports]

Looks like we could have locked in a profit thru all of this

 

[tommir99]

Over 6 USD in California.

AAA Gas Prices

gasprices.aaa.com

No end in sight

 

[Wagerallsports]

Gallon of Gas US National Avg on July 31st


$4.50-$4.74 +215
$4.75-$4.99 +240
$4.25-$4.49 +475
$5-$5.24 +475
$5.25-$5.49 +1000
$4.00-$4.24 +1400
$5.50 or Higher +1600
Less than $4 +3500

Betonline

 

[Wagerallsports]

Betonline


Gallon of Gas US National Avg on July 31st

$4.25-$4.49
-135
$4.00-$4.24
+265
$4.50-$4.74
+385
$4.75-$4.99
+1000
Less than $4
+2500
$5-$5.24
+6000
$5.25-$5.49
+12500
$5.50 or Higher
+40000

 

[Tanko]

Yeah. Its dropping pretty steadily.

Rig count has nearly doubled in the last year as oil fields continue to recover from the Covid mess and with higher oil prices it become profitable to do so.

Also, refineries have increased gasoline production almost to pre-covid levels of ~9.4M bbl/day average which is really surprising with the permanent shutdown of several refineries over the last few years.

 

[Wagerallsports]

Yeah. Its dropping pretty steadily.

Rig count has nearly doubled in the last year as oil fields continue to recover from the Covid mess and with higher oil prices it become profitable to do so.

Also, refineries have increased gasoline production almost to pre-covid levels of ~9.4M bbl/day average which is really surprising with the permanent shutdown of several refineries over the last few years.

But still don't see it going back below $3

Do you tank?

 

[Tanko]

But still don't see it going back below $3

Do you tank?

Depending upon how Ukraine works out, it could keep that from happening.
But, with a recession, probably.

 

[Florida Fever]

3.94 locally last night. But I expect that it will not last.

 

[Tanko]

Gasoline futures continue to project a downward trend.

• 1st chart - RBOB is the wholesale price of gasoline. Peaked ~ 6/6/22 at $4.26.
• Table below shows FUTURES RBOB contracts pricing. The longer out the futures the cheaper the price due to uncertainty in the market the further out you look but, you if you look at upcoming months, Aug/Sept/Oct, they are much lower than the current RBOB of $3.22.

Price at the pump is, on average across the US, $0.70 more than RBOB. Varies by state.
Again, everything can change overnight depending upon world events.

 

[Wagerallsports]

Betonline

Gallon of Gas US National Avg on August 31st

$3.75-$3.99
+120
Less than $3.75
+140
$4.00-$4.24
+350
$4.25-$4.49
+1100
$4.50-$4.74
+7000
$4.75-$4.99
+10000
$5 or Higher
+20000

 

[MinnesotaFats]

Creeping back up now yhat Joe emptied the strategic reserve...

 

[Tanko]

Ours has dropped another 15 c/gal this week. We're down to $2.85.
Crude prices are down to below $77 after peaking at $117 in June.

 

[MinnesotaFats]

Ours has dropped another 15 c/gal this week. We're down to $2.85.
Crude prices are down to below $77 after peaking at $117 in June.

2.85? Where the hell do you live?

I'm at $3.89 here in Minny and we've actually got a refinery here!

 

[Tanko]

South texas. within 100 miles of 5 refineries.
We always have the lowest price gasoline in the country.

 

[Seahawkharry]

Thinking of moving to Temple texas in a cpl years cal too expensive

 

[Tanko]

Thinking of moving to Temple texas in a cpl years cal too expensive

There are certain requirements before we let you into the state. Diggity had to pass these as well when he moved here a few years ago.

- You must own a gun.


That is all.

 

[BobbyFK]

I can't spill details lets just say I started with pretty much nothing and I'm back.

How long are you back for guy??