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GasBuddy News Article

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National average likely to begin dropping in next few weeks

GasBuddy Blog -- It's been well documented that gasoline prices have taken a big climb late this summer. Well, there's reason to believe that the rise is nearing and end: summer is nearly over. After you wipe away the tears, and digest that statement, we have some good news. First of all, the areas most impacted by refining issues lately (Great Lakes and West Coast) may start to see prices falling if they haven't already. In fact, Chicago prices may have just peaked in the last 48 hours. California prices are very close to peaking as well.

More good news lies ahead: wholesale gasoline prices, the price gasoline stations pay, has shown sides of subsiding- so stations can start lowering their prices. Add in that summer is nearly over- demand will likely...


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Submitted Aug 17, 2012 By: PD
Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: National average likely to begin dropping in next few weeks Back to Topics
REPLIES (newest first) Post a Reply
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SfC1289
Champion Author Missouri

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Message Posted: Apr 30, 2014 9:33:24 PM

I hope so. I was kind of starting to think the same thing.
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YodaON
Champion Author Ottawa

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Message Posted: Apr 30, 2014 9:30:17 PM

I hope so
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dcone2
Champion Author Los Angeles

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Message Posted: Sep 25, 2012 6:45:12 PM

ok
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99dakota
Champion Author Providence

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Message Posted: Sep 7, 2012 6:45:53 PM

As this article is dated 8/17/2012 it is "the next few weeks" now. I don't see prices dropping...
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clpassenubye
Champion Author Los Angeles

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Message Posted: Aug 27, 2012 6:23:28 PM

sounds good
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GasPriceHelp4u
Champion Author Dayton

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Message Posted: Aug 27, 2012 6:11:15 AM

I hope so!!!
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honda0105
Champion Author Tallahassee

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Message Posted: Aug 27, 2012 4:51:53 AM

would be nice... not at my stations.
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albert2008
Champion Author Winnipeg

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Message Posted: Aug 26, 2012 1:11:31 PM

good stuff
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Donatelo
Champion Author Dayton

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Message Posted: Aug 26, 2012 10:32:20 AM

ok
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pfone1847
Champion Author Illinois

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Message Posted: Aug 26, 2012 7:26:59 AM

Sure it will
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honda0105
Champion Author Tallahassee

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Message Posted: Aug 26, 2012 6:23:05 AM

prices still rising here.. one station just went up 20 cents in the past 5 days.

Oh yea,.. wait, we have Isaac barrelling down on us.
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jwalkerh
Champion Author Louisiana

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Message Posted: Aug 25, 2012 4:11:12 PM

I won't get my hopes up too high...
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number4
Sophomore Author Tallahassee

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Message Posted: Aug 25, 2012 3:43:00 PM

ok
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Donatelo
Champion Author Dayton

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Message Posted: Aug 25, 2012 9:35:24 AM

ok
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albert2008
Champion Author Winnipeg

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Message Posted: Aug 25, 2012 8:00:52 AM

of course fall is almost here
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pfone1847
Champion Author Illinois

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Message Posted: Aug 25, 2012 6:45:47 AM

right
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honda0105
Champion Author Tallahassee

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Message Posted: Aug 24, 2012 11:09:56 PM

... and prices went up ...
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honda0105
Champion Author Tallahassee

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Message Posted: Aug 24, 2012 11:08:49 PM

... and then came Isaac ...
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99dakota
Champion Author Providence

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Message Posted: Aug 24, 2012 4:52:15 PM

Lets hope so...
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clpassenubye
Champion Author Los Angeles

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Message Posted: Aug 24, 2012 4:37:11 PM

wishful thinking
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pfone1847
Champion Author Illinois

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Message Posted: Aug 24, 2012 7:14:39 AM

sure it will
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honda0105
Champion Author Tallahassee

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Message Posted: Aug 24, 2012 5:00:35 AM

won't hold my breath for a drop.
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qweenb72
Rookie Author Indiana

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Message Posted: Aug 24, 2012 4:53:35 AM

Still holding out for the President to issue a plea for votes in the form of removing the federal tax, which I have heard is 0.48 a gallon. Won't sway me but I will appreciate the effort!
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clpassenubye
Champion Author Los Angeles

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Message Posted: Aug 23, 2012 6:42:09 PM

HOPEFULLY
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jtravis711
Veteran Author Orange County

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Message Posted: Aug 23, 2012 4:33:10 PM

As stated before...gasoline prices fall much slower than they rise. It isn't just the price of gasoline thats the issue, its where our fuel dollars are going!!! do we want more jobs here and energy independence or do we want to continue building golden palaces and foreign dependence.
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2bzns
Rookie Author Houston

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Message Posted: Aug 23, 2012 3:15:54 PM

Mandate all oil pulled out of the ground in this country stays in this country. When we reduce our consumption here they put it on tankers and ship it to China. That's how big oil fixes the problem of excess oil in this country.
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honda0105
Champion Author Tallahassee

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Message Posted: Aug 23, 2012 4:48:29 AM

prices have risen b/c of specutraitors.
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Vette1967
Champion Author Albany

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Message Posted: Aug 22, 2012 11:29:28 AM

Yeah...well after Labor Day travel.
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albert2008
Champion Author Winnipeg

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Message Posted: Aug 22, 2012 8:51:45 AM

about time
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honda0105
Champion Author Tallahassee

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Message Posted: Aug 22, 2012 4:56:36 AM

of course it will drop... Labor Day will be over and the driving is slowing down again.
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edgarbrn
Sophomore Author Charleston

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Message Posted: Aug 21, 2012 7:54:26 AM

We'll see.
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99dakota
Champion Author Providence

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Message Posted: Aug 21, 2012 5:02:10 AM

Lets hope so.
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pfone1847
Champion Author Illinois

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Message Posted: Aug 21, 2012 3:20:50 AM

ok
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Ticobird
Champion Author Huntsville

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Message Posted: Aug 20, 2012 5:44:46 PM

I'll believe it when I see it.
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tgreineke
Rookie Author Twin Cities

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Message Posted: Aug 20, 2012 2:19:37 PM

I will believe it when I see it.
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sparky808
Champion Author Honolulu

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Message Posted: Aug 20, 2012 12:21:22 PM

Old post.
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rocket_ron
Champion Author Grand Rapids

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Message Posted: Aug 20, 2012 11:08:11 AM

K
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rocket_ron
Champion Author Grand Rapids

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Message Posted: Aug 20, 2012 11:08:06 AM

K
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roadrunnin
Champion Author Richmond

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Message Posted: Aug 20, 2012 10:59:30 AM

the prices were already inflated before summer
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puinsai808
Champion Author Honolulu

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Message Posted: Aug 20, 2012 10:13:48 AM

old
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sydb7
Champion Author Atlanta

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Message Posted: Aug 20, 2012 9:58:10 AM

Temporary price glitch?
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Donatelo
Champion Author Dayton

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Message Posted: Aug 20, 2012 9:51:01 AM

ok
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tomok
Champion Author Portland

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Message Posted: Aug 20, 2012 9:40:40 AM

Fuel prices are still going up and are Not 'Falling.' With the refinery fire in California and the repairs to be done, fuel prices will Not be 'Falling' anytime soon.
Big Oil can raise or lower prices, Because they can!
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
Consider using other forms of less expensive transportation to lower your cost.
The price of fuel at the pump is too high!
12/22/2012!
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arcaneradio
Champion Author Michigan

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Message Posted: Aug 20, 2012 9:21:21 AM

Lies
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Dennisjk
Champion Author Detroit

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Message Posted: Aug 20, 2012 9:17:38 AM

Temporary spike yesterday morning as Speedway stations jumped it over $4.07 but it went back to $3.89 later in the afternoon. It's still too high.
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JXQW
Champion Author Kansas City

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Message Posted: Aug 20, 2012 8:57:54 AM

very good
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RockCity
Champion Author Denver

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Message Posted: Aug 20, 2012 8:57:09 AM

It's really dropped along these parts, why it's almost free, perhaps.
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Marson
Champion Author Scranton

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Message Posted: Aug 20, 2012 8:43:37 AM

More old news.
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Chinto12
Champion Author Illinois

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Message Posted: Aug 20, 2012 8:42:22 AM


Gas and oil prices are just a shell game.
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jiml1965
Champion Author Harrisburg

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Message Posted: Aug 20, 2012 8:42:03 AM

glad to hear it
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