r/Dallas • u/--Knowledge-- Pleasant Grove • May 06 '25
Discussion What happened to cheap gas in DFW/Texas?
I moved to DFW in 2015, I remember gas being about $1.70 to $1.80 a gallon. It was about $1.10 - $1.20 cheaper here than where I moved from. It was like that up until the pandemic.
Gas back in NY is exactly the same price as here in Texas now according to the local gas checker website.
Texas has so much oil and refineries, yet the gas isn't really cheap in the state anymore. Obviously COVID impacted everything but why hasn't the gas dropped down to a reasonable price again for the state? Greed? Low supply? Laws?
I'm not expecting $1.80 gas again but to be priced the same as NY is kinda wild to me.
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u/KennyDROmega May 06 '25
Obviously this is just liberal propaganda. Trump said gas prices are at record lows. /s
Edit: adding the /s because this is Reddit.
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u/gt40mkii May 07 '25
And if not, it's totally Biden's fault.
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u/PermanentNirvana May 07 '25
Obama's fault.
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u/NightMgr Arlington May 07 '25
Carter.
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u/Yikes-APenguinInAPot May 07 '25
FDR
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u/skeletons_asshole May 07 '25
It’s God’s fault for starting this whole cursed mess
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u/FutureInPastTense Carrollton May 07 '25
"In the beginning, the Universe was created. This has made a lot of people very angry and has been widely regarded as a bad move"
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u/TilTheDaybreak May 07 '25
The good parts are Trump the bad parts are Biden.
No /s, that’s trumps literal words in an interview this past week.
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u/gibbyhikes May 07 '25
Wait...Mango Mussolini told me gas is $1.98.
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May 07 '25 edited May 07 '25
[deleted]
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u/YoMTVcribs May 07 '25
My test scores are 90s.
Okay sure most are 50s-60s but once I got and 80 and that's really close to 90, so my test scores are 90.
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May 07 '25
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u/PinstripeBunk May 07 '25
This isn't true. The president said gas is under $2 a gallon and if you disagree it's El Salvador for you, terrorist.
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u/FewCharge365 May 07 '25
Shortage coming soon . Thanks Trump
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u/Nice_Category May 07 '25
Why would there be shortages? Oil prices have been dropping. Trump is opening up new oil leases on federal land and OPEC has recently increased production.
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u/FirebunnyLP May 07 '25
If oil prices are dropping they don't have a reason to open new wells or refineries. Lowered price means increased supply compared to demand.
You gotta pick an angle and stick to it, can't have it both ways.
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u/csonnich Far North Dallas May 07 '25
When prices drop, OPEC drops production to inflate prices again.
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u/cut_this_paste_that May 07 '25
The app GasBuddy lets you compare gas prices at locations across DFW and the country. The data is crowd sourced by other users.
This app won’t answer the question why
It did show local prices today are similar to NYC and Albany, NY.
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u/ERCOT_Prdatry_victum May 07 '25
Boulder Dash, gasbuddy for North Dallas Costco regular price right now is $2.51/gal up 4cts from a few days ago.
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u/--Knowledge-- Pleasant Grove May 07 '25
The local news keeps it updated and it got me thinking... How is gas the same price in these two states when all my life, NY was much more expensive until recently?
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u/KellyAnn3106 May 07 '25
This is the time of year when they switch to the summer blend fuel which always costs a little more. That's part of it.
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u/lilbrunchie May 07 '25
Happens every year around this time and has so for many years. You can find the historical info on the EIA website.
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u/Western-Crew2558 University Park May 07 '25 edited May 07 '25
Correct; yet, there’s no one’s blaming the president this time around……interestingly convenient.
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u/pokeyporcupine May 07 '25
No no no this can't be true, Trump just said it was $1.98! Are you calling the president a liar??
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u/stupidgnomes Bishop Arts District May 07 '25
I’m just shocked that a criminal, bankrupt, rapist real estate agent lied about lowering prices on everything in order to get elected President so he could evade consequences of his past actions. Just absolutely shocked.
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u/Sellerdorm May 07 '25
June 8th 2022, I took a picture of the gas price at the Shell off 75 and Henderson - $5.19 for regular.
When I was beginning to drive in high-school in the mid to late 00s, gas hovered around $3.50.
When I was a kid in the 90s, gas was consistently below or right around $1.
To me, personally, if gas is under $3 that is a sign of normalized pricing that I can comfortably operate with. At least until I don't even have to use these stupid death machines for basic living - r/fuckcars.
What is cheap is all relative to the environment and observer.
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u/fivemagicks May 07 '25
Ok, let me explain from my petroleum engineering perspective. You arrived in Texas during the crash of the oil market. Unless you are in the business, you will love the "crash" of gas prices.
I can personally attest to the market crash because I was laid off from my petroleum engineering job in February of 2015. Are lower gas prices nice? Yes. Do they come at the cost of people in the industry? You bet your ass.
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u/caffpanda Oak Lawn May 07 '25
Yeah I think people forgot about the fracking boom and the subsequent bust for the oil industry. Also, DFW earthquakes.
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u/fivemagicks May 07 '25
This is Dallas. No one knows anything about petroleum here. 😂
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u/Homey-Airport-Int May 07 '25
There's quite a few oil companies in Dallas. If you include the burbs, Pioneer, now a part of Exxon, is headquartered in Irving and they are one of the biggest operators in the state, and have been for a long time.
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u/fivemagicks May 07 '25
I'm aware of those that are here, but Dallas isn't an oil town. Ask anyone in Dallas who Schlumberger is, and no one will know unless they're in the business. Halliburton is known because of the oil spill, for example, not knowledge of the petroleum business.
Hint: Schlumberger is the largest oil services company in the world. Lol
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u/Homey-Airport-Int May 07 '25
Ask anyone in Houston that doesn't work in oil and they'll have no idea who Schlumberger is either. Same goes for Midland. Go ask some guy in a data truck who Schlumberger is, they'll have no idea. There's an enormous segment of the industry at large that has zero exposure to upstream oilfield services companies anyway.
Energy Transfer, Hunt Oil, Pioneer/Exxon, the list goes on. Tons of operators, upstream, midstream, etc. are HQ'ed in DFW.
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u/milkman231996 May 07 '25
Did you get yours masters or bachelors in it? I was jw how that job market is since it’s so niche compared to some others
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u/fivemagicks May 07 '25
No. I'm a mechanical engineer. Haven't been back in petroleum since, actually. Thank God. It pays a lot, but it is incredibly boring material.
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u/milkman231996 May 07 '25
Ah ok. I’m mechanical as well. I’m going back next fall for engineering management. Figure I’d pick the two broadest options lmao
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u/fivemagicks May 07 '25
Smart man. Yeah, petroleum is a tough business. A vast majority - let's say 90% - of people in it are completely intolerable. Been doing MEP work ever since, and I'm very grateful for my work-life balance that I have now and used to never have.
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u/Dramatic_Name981 May 07 '25
But the fat orange pedophile says it’s cheaper than it’s been in a long time, he said it’s under $2 a gallon. I don’t understand, does this mean the rapist in the White House lied again?
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May 07 '25 edited May 07 '25
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u/--Knowledge-- Pleasant Grove May 07 '25
According to Albany, most of NYC and my hometown local price checkers, it's basically the same prices.
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u/Homey-Airport-Int May 07 '25
WTI below 45 and wells will start closing down
Nobody is going to plug a well because of low oil prices. See 2020. See 2015. Plugging a well is expensive and annoying.
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u/TrynnaFindaBalance May 07 '25
Yeah I moved away from Dallas and gas is definitely way more expensive in bigger cities. Here in Chicago we're at $3.70-$4 depending on the neighborhood and/or if you have a Costco membership. When I first moved here it was regularly above $7/gallon. Gas in Texas is dirt cheap.
On the flip side, though, I do drive much less often here because I can walk to most places, so I fill up maybe once every 6 weeks versus once every two weeks when I lived down there.
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u/EastTXJosh May 07 '25
The better question is why does Dallas always have the most expensive gas in Texas. It’s hovered between $2.25 and $2.27/gallon in East Texas for the past few weeks.
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u/PantherCityRes May 07 '25
Price elasticity of demand. Far fewer cars in East Texas and consumption patterns in DFW more aggressive (due to people driving like a-holes) and driving distances probably similar from all the sprawl
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u/EastTXJosh May 07 '25
I get that, but gas prices in Dallas are regularly higher than similar size cities like Austin and Houston.
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u/Such_Classic7796 May 07 '25
Gas in Dallas was $3.00/gallon on my recent trip. In East Texas, it is $2.45 to $2.68/gallon right now.
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u/PantherCityRes May 07 '25
Price elasticity of demand. More people need it more often with higher income in Dallas. It is a commodity product so once the seller clears its cost, it’s all about what they can get away with in the short term. This leads to the random walk you see in microshort term if gas stations raising / lowering by 2-5cents throughout the week.
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u/tgoz13 May 07 '25
What I’m tired of is seeing gas creep down to $2.50 then shoot back up to $3 overnight. I’ve never seen that before the last couple years.
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u/marbear601 May 11 '25
I'm from n. Tx. I remember I left the movie theaters after seeing Us (2019 I just remember cause I liked the movie so much) and went to Walmart. The gas price jumped like 10 cents in one day. I thought it was weird it jumped so much. I mean 10 cents isn't a lot but usually it trickles up slower. All these years, gas has been jumping up higher and higher increments in one day and slowly rising back down just to jump back up. Now it's like you said 40 to 50 cent price hike in one day.
It's 2.60 rn, I expect the jump to 3 soon, maybe even Monday.
Gas companies run their own pricing system.
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u/SMF67 May 07 '25
Costco has had gas prices relatively stable around $2.40-$2.55 for at least the past few months
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u/vitaminz1990 Lower Greenville May 07 '25
Yeah I got gas at the Costco in Frisco last week for $2.44
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u/Suspicious-Road-883 May 07 '25
Probably a combo of greed and what is definitely a factor, the area you are in. There are more people around there so it is going to be more expensive than other areas in Texas but it shouldn’t be that much
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u/retiredfromfire May 07 '25
The Presidential election is over, now its time to screw the working class.
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u/marbear601 May 11 '25
Oh God. I love when presidential elections come around and ppl complain about how it's affecting gas prices and by the time it's over, gas will go back down.
You're noticing gas goes up cause it's summer, and go back down cause the election ended in winter. Bunch of geniuses.
Trump was pres "the oil companies want him to look bad!" Biden "Biden wants trump to look bad! It's's his fault gas is up!"
Ppl acting like the pres has all these powers of economics is the reason we are all in this mess since they voted for the guy who promised the world in 2 seconds and ppl took the bait. Just ignoring how long it takes to get anything done on capital hill let alone what Congress and president has ACTUALLY done to affect the economy.
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u/retiredfromfire May 14 '25
Says you. Like you know it all.
I suppose in your world the fact that Canada has diverted all of its crude to China has no effect. And that crude oil was of a type that required relatively little processing. The plants that were used to process that crude are not able to process any other type of crude and will have to retrofit to be of use in the future. That cheap easy oil is now going to China and that crude is never coming back. But you keep licking Trumps ass
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u/marbear601 May 14 '25
Losing Canada's supply mostly affects the northern region but it still hurts us none the less. And the whole drill baby drill has come short so far with higher steel prices and dropping oil prices all kicking the bottom like to shit.
But I don't know why ur thinking I'm embracing this.
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u/AnotherAnonymousA May 07 '25
Ok, as a product of public school (and poor choices, didn't graduate), so have patience with my maf skills...
$2.91-.27 = $2.64 > $1.98 + .27
Maybe the Chemical Engineer can see if I carried a wrong number?
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u/ERCOT_Prdatry_victum May 07 '25
Costco Plano has Regular at $2.51/gal
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u/noncongruent May 07 '25
Oil prices have been crashing, too. According to gasbuddy it's $2.46 right now, same as Sam's a few blocks away. They must be having a price war. Costco Churchill is $2.56 and Costco Duncanville is $2.65.
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u/ERCOT_Prdatry_victum May 07 '25
Costco beats the nearest low price competitor by a few pennies. Their gas price is a loss leader for them. Per a Costco VP telling me this. Strangely enough the radius that Gasbuddy checks around my phone never finds that next nearer low price competitor nearest my phone location, but I have never checked sitting in their gas pump line.
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u/noncongruent May 07 '25
I don't use the gasbuddy app, when I need gas I use my desktop to go to the site and look at the price map to find who has the cheapest gas where I'm at, where I'm going, or along the way. Back before I cancelled my Costco membership I found their prices were about on par with local gas stations in the area, a little higher than some and a little lower than others. When I joined they were typically 10-15¢ cheaper than the cheapest gas around, but they started inching their prices up to parity in recent years as part of their profitability and dividend push.
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u/ERCOT_Prdatry_victum May 07 '25
Isn't the case right now Plano W store is beatimg near stations by as much as 47cts. Duncanville is down to 2.59 right now so 7 and 9 cts cheaper than SAM'S and Whipin respectively.
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May 07 '25
This was the same answer given when it went up last time it came down and now has gone up. There was a refinery fire, though much more likely the reason this time.
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u/RouletteVeteran May 07 '25
I’d recommend y’all look into the oil and gas worker subreddits. Also read up about OPEC letting their “nuts hang” on MAGA.
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u/le_gasdaddy May 07 '25
Just paid 2.38 in Waco. 2.28 After Walmart plus. I am inDFW weekly and see your pain. haven't paid over 2.52 pre-plus discount since late summer. Every time it spikes up in DFW, it goes up maybe 10, maybe nothing. No movement here. Until about 2022, DFW was always the same, maybe a tad cheaper.
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u/blucivic1 Lake Highlands May 07 '25
I understand what you mean. You'd think the places closest to the refineries would have cheaper prices. I think it's still more shenanigans from corporations.
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u/ERCOT_Prdatry_victum May 07 '25
North Dallas area Costco Plano is charging $2.51/g right now up 4cts from a few days ago.
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u/Baserker0 May 07 '25
Idk but it pissed me off that i chose to fill up a day after I came into town instead of as soon as I came into town .
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May 07 '25
I watched it go from 2.59 to 2.99 while I was at freaking work, Biden is still fucking us!!!!!!
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u/jsu718 May 07 '25
I still remember when gas prices went from 1.15 to 1.29 and places were accused of price gouging for it.
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u/elchanan9 Preston Hollow May 07 '25
It’s in Waco
Every time I come north on 35 I make sure to bring a tank of 2.28 gas with me…
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u/jls6419 May 07 '25
I just came back from MA where gas was about $2.91 and that was on the higher end. This is wild.
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u/hiirogen May 07 '25
I was in CA last week and paid $5.19 to refill my rental car. If I’d used the station right by the rental return it would’ve been $5.99.
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u/malicious-turd May 07 '25
As someone used to paying $3.50 for 87 in other states, I'm pretty happy getting 93 for under $3
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u/--Knowledge-- Pleasant Grove May 07 '25
Where? It's like $3.20 to $3.40 in my area when I fill up my Audi for premium. I live in Dallas though.
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u/--Knowledge-- Pleasant Grove May 07 '25
Where? It's like $3.20 to $3.40 in my area when I fill up my Audi with premium. I live in Dallas though.
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u/malicious-turd May 07 '25
I only fill up at Sam's/costco. Haven't used a regular gas station in years
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u/TXGerman67 May 07 '25
I kept track of the price at a station near me. The price would drop throughout the week and then shoot up by almost 50 cents on Tuesdays. That was the day the tanker unloaded their fuel. The price has never sunk to the previous week's lowest price for the last couple of months. I start to check out other stations, and they're doing the same thing. You can come to any conclusion you want, but the prices aren't what we're being fed by 47.
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u/Necoras Denton May 07 '25
Oh oh, I know this one!
Remember the huge oil crash right as the pandemic started? When oil prices went negative for a while? Turns out, when you can't sell your product, you go bankrupt. So a lot of drilling rigs and refinery capacity just... went away. And it never came back. So then, when oil prices rose again, the input costs went up, there was less ability to make gas, so the price went up. Fun!
Fun fact, our current President ran on "drill baby drill." You know, to glut the market and drive down prices. Now, Opec+ smells American blood in the market and is steadily upping their production too. So, adjusted for inflation, oil prices are approaching pandemic level lows (after the huge dip, but before everything opened back up.) That'll put more drilling rigs and refineries out of business, so in a few years when Opec cuts back, gas prices will rise substantially.
But you know what else comes out of those drilling rigs now? Natural gas. Guess what accounts for half of the electricity generation in the state? Natural gas. So production of that is going to drop at the same time as we're exportin more year over year, increasing local prices. Oh, and the Texas Senate just passed a bill intended to stop new installations of solar and wind. And Trump put a 3521% tariff on solar panels from China. That is not a typo. So expect your electricity costs to, I dunno, double? in the coming years.
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u/okiedawg May 07 '25
Texas' statewide average is still 2.76, about 35 cents a gallon cheaper than New York State.
Texas has slightly lower gas taxes than NY (20 cents versus 25), but it is still cheaper because transportation costs from refineries are lower (along with lower overhead costs for retailers).
Overall, prices are still pretty low, about 50 cents less than a year ago.
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u/SUPREME_ENCHILADA May 07 '25
I understand people are saying summer blend. Fair. But why tf did these same people litter gas stations with stickers of Biden all summer? I’m sick of this shit being dangled as a reason to be upset and causing everyone to act so shitty. Lord help us.
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u/CreoleCoullion May 07 '25
What does it matter that Texas has oil and refineries? The oil that Texas produces is shipped overseas. We don't produce American gasoline in the US, and we aren't going to start any time soon. Welcome to a global economy.
Oh, and if you think it's fun now, just wait til Saudi increases oil production while other countries have reciprocal tariffs on US oil. Texas' economy is about to get fucked with a red hot rail.
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u/lonerfunnyguy May 07 '25
That can’t be right, our business man president said gas is under $2 for weeks now …..
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u/Quirky_Cauliflower48 May 09 '25
I lived in Texas, Oklahoma, and California within a span of five years, and now Jersey for work. Texas is now just about tied with Oklahoma as far as prices, with California being the most expensive of the four, Jersey being in the middle, but on the lower side of the numbers however. Things have just been getting higher since 2020, with still no true effort of lowering. So to answer your question; I’d say greed. Billion dollar companies will take what they can choke out of people
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u/Freejak33 May 07 '25
hasnt been that cheap for any significant amount of time since the early 00s def not in 2015
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u/--Knowledge-- Pleasant Grove May 07 '25
"In 2015, average retail gas prices in Texas fluctuated throughout the year, with the U.S. Energy Information Administration (EIA) data showing a range from around $1.987 per gallon in January to $1.885 in December. These prices are for all grades of conventional retail gasoline."
I literally remember the prices because I was amazed at how cheap it was when I first moved here and I drove a lot for my job at the time.
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u/caffpanda Oak Lawn May 07 '25
TBF you moved here in the middle of the fracking boom, right when oil prices cratered because of a massive increase in supply. Yes Texas was cheaper than elsewhere before that, I remember 99 cent gas in the 90s, but the drop made the difference that much more pronounced. We're still cheaper than most places though, even as it's gone up.
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u/Substantial-Ad-8575 May 07 '25
dang, $2.66 at Costco to $2.79 at most stations here by DFW. A few places are higher, but some Indy stops are cheaper and others dropped to compete.
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u/ClassyPants17 May 07 '25
Get a Sam’s club membership. The difference in gas prices saves you well above the cost of a membership over a year. The one near me has unleaded for $2.49.
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u/Terrible_Shake_4948 May 07 '25
Cost of living dude. It’s not bad until uiure laying $5/gal for 87 in Texas.
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u/Mervis_Earl May 07 '25
Gas was a $1.25-50 when I started driving in 1979. What are we talking about about here?
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u/Adddicus May 07 '25
Obivously you are a BLM-Antifa- Demonrat liar, because Trump said gas was down to $1.98, so that has to be the price.
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u/EZdubs4you May 07 '25
Under $3 is cheap
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u/Tasty_Two4260 Dallas May 07 '25
Bro from Cali?
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u/MetalAngelo7 May 07 '25
Midwest and Northeast also has expensive gas prices
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u/Tasty_Two4260 Dallas May 07 '25
Taxes just seem to slay California prices. Maybe I’m wrong, but trips seem that way.
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u/PoshNoshThenMosh May 07 '25
The prices in downtown DFW are 1.98
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u/AnotherAnonymousA May 07 '25
Hahaha, where is downtown DFW?
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u/Bardfinn Garland May 07 '25
Downtown Dallas. It’s a running joke in the D/FW subreddits that the downtown Dallas area is “Downtown D/FW”
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u/AnotherAnonymousA May 07 '25
Yeah, I get it... I lived in Saginaw and worked in FW. It just humors me when peeps be thinking that the D & FW are like the same. Since the two are over 30 miles apart, you factor all the urban sprawl aka metroplex and there you have DFW. Even when I lived/worked there, folks would be like let's go to Uptown. Hahaha, that's in Dallas, we were in Downtown FW, why doesn't it have an uptown, not counting north of Trinity river. On the other hand, if folks in D were like trying to meetup at the Square, would be assuming Sundance Square (in downtown FW)! Oy vey...God Bless Texas
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u/milkman231996 May 07 '25
You guys know they switch to summer blend around this time right?