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Old 10-29-2014, 12:55 PM   #1
Jeff Teuton
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Default Re: Cheap gas is back,,,, for now.

The deep water industry is making hugh finds out there in the Gulf of Mexico. I know Shell hit one recently that will flow 100K barrels a day, and BP/Chevron each 40 and a big independent 20 %, hit one this month 80K barrels a day. Shell is in 7200 ft of water and BP/Chevron 4500 ft I think. None of this is coming on shore because of the structure to get it here, but is being built and engineered. That is good for everyone, especially South Louisiana. And retail fuel is getting cheap here. Some of the alcohol content is getting questionable.
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Old 10-29-2014, 01:40 PM   #2
69camz28
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Default Re: Cheap gas is back,,,, for now.

It's been between 2.79 and 3.15 here in Central Illinois the past 2 weeks, currently seeing it around 2.84. I use a Shell rewards card (not a credit card, a loyalty card) and it will take .03 off a gallon. When you sign up it takes .25 off a gallon up to 20 gallons (1 time only), and then .05 off a gallon up to 20 gallons (1 time only), then it goes back to the standard .03 off.
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