Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:23 PM

GasBuddy News Article

54
votes
It's early to say, but gas prices might fall

One News -- Recently on January 11, The Associated Press reported that drivers' annual gas bills are expected to drop for the first time in four years, due to what forecasters are calling ample oil supplies and weak U.S. demand. Meanwhile, the Energy Department has stated that the average price for a gallon of gas will fall five percent.
Dan Kish, senior vice president of policy at the Institute for Energy Research, isn't so sure.

Still, Kish says the probability of cheaper prices is not out of the question.

"We are increasing oil production in this country faster than at any time in the history of this country because of the private sector. Those additional supplies here at home put downward pressure on gas prices," he says. "Provided that government can't figure out a way to mix it up and Congress


Read the Full Article

Submitted Jan 22, 2013 By: bar1035
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: It's early to say, but gas prices might fall Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,041
Points:2,387,215
Joined:Nov 2008
Message Posted: Jan 25, 2013 4:50:23 AM

equal chance of below, above or near current levels?
PathfinderSC
Champion Author South Carolina

Posts:12,874
Points:2,591,585
Joined:Mar 2008
Message Posted: Jan 24, 2013 5:07:27 PM

One can only hope for lower gas prices .
tomok
Champion Author Portland

Posts:46,228
Points:3,122,860
Joined:Aug 2006
Message Posted: Jan 24, 2013 4:12:40 PM

One article says fuel prices will rise and this one says fuel prices may go down? Don't really know what fuel prices will do until it happens. And it might change again when it changes then!
Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! The price at the pump needs to go down to $2/gallon - *$3, *$3.50/gallon or *$4.00 is Not the new low!
More Refineries are Not the answer, the answer is Stop Exporting Fuel! Take care of the domestic fuel market first!
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII! - The Day After......
honda0105
Champion Author Tallahassee

Posts:24,041
Points:2,387,215
Joined:Nov 2008
Message Posted: Jan 24, 2013 4:56:33 AM

lots of crystal ball navel gazing... and lots of water going down the ol' Mississippi...
studebaker1940
Champion Author Tampa

Posts:5,663
Points:1,448,330
Joined:Mar 2011
Message Posted: Jan 23, 2013 8:01:17 AM

Get ready for $10 a gallon
blupupher
Champion Author Houston

Posts:6,759
Points:1,504,380
Joined:Feb 2011
Message Posted: Jan 23, 2013 7:49:19 AM

and they might rise, and they might stay the same. No way to predict for sure.
millerin
Champion Author Orlando

Posts:5,022
Points:1,192,050
Joined:Jan 2012
Message Posted: Jan 23, 2013 3:45:59 AM

a lot of saying but prices are still high
jetskijerry
Champion Author North Carolina

Posts:7,039
Points:1,532,610
Joined:Mar 2011
Message Posted: Jan 23, 2013 12:08:58 AM

They'll keep prices as high as they can!
jetskijerry
Champion Author North Carolina

Posts:7,039
Points:1,532,610
Joined:Mar 2011
Message Posted: Jan 23, 2013 12:08:40 AM

What crap...
bikechuck
Champion Author Indianapolis

Posts:10,281
Points:2,840,225
Joined:Apr 2006
Message Posted: Jan 23, 2013 12:04:42 AM

We will be waiting.
Doomsday64
All-Star Author Austin

Posts:905
Points:377,150
Joined:Apr 2011
Message Posted: Jan 22, 2013 11:51:28 PM

good
ricebike
Champion Author New Jersey

Posts:12,806
Points:2,522,905
Joined:Oct 2005
Message Posted: Jan 22, 2013 11:48:04 PM

up and down, up and down!
BarryAClarke
Veteran Author Indiana

Posts:462
Points:75,265
Joined:Oct 2007
Message Posted: Jan 22, 2013 11:47:52 PM

Hmmm, I just noticed the day after President Obama is officially in office for his second term, gas prices have started to go up.............
g747
Champion Author Mobile

Posts:7,551
Points:1,653,565
Joined:Jul 2009
Message Posted: Jan 22, 2013 11:47:27 PM

We'll wait & see;show me!!!!!!!!!!!!.
10k
Champion Author North Carolina

Posts:25,622
Points:3,029,175
Joined:May 2006
Message Posted: Jan 22, 2013 11:46:40 PM

i agree-a stupid article..but in the event prices do drop by 5%, what the heck is 5% on gas that cost $4/gallon ??..
ican2step
Champion Author Pittsburgh

Posts:4,808
Points:1,190,325
Joined:Feb 2012
Message Posted: Jan 22, 2013 11:44:17 PM

Good.
kgbellman
Champion Author Ann Arbor

Posts:5,914
Points:1,506,885
Joined:Mar 2011
Message Posted: Jan 22, 2013 11:42:02 PM

Not sure I expect it, but one can hope
RogerB2
Rookie Author Indianapolis

Posts:83
Points:18,785
Joined:Jan 2013
Message Posted: Jan 22, 2013 11:41:11 PM


OK





Tigercat88
Champion Author North Carolina

Posts:6,440
Points:1,394,215
Joined:Jul 2011
Message Posted: Jan 22, 2013 11:40:47 PM

Just wait prices will rise.
CiVX
Champion Author Oakland

Posts:10,015
Points:2,108,365
Joined:Feb 2009
Message Posted: Jan 22, 2013 11:39:56 PM

what?
RichWLIN
Champion Author Indiana

Posts:8,455
Points:1,417,205
Joined:Jun 2011
Message Posted: Jan 22, 2013 11:38:34 PM

Rerun speculation.
Goat2008
Champion Author Ontario

Posts:2,076
Points:1,249,010
Joined:Aug 2008
Message Posted: Jan 22, 2013 11:36:21 PM

Got to check my crystal ball.
bvrbill
Champion Author Eugene

Posts:8,175
Points:1,295,200
Joined:Jul 2011
Message Posted: Jan 22, 2013 11:35:39 PM

...and they may rise.Stupid article.
southrob
Champion Author Tucson

Posts:6,067
Points:1,385,520
Joined:Mar 2011
Message Posted: Jan 22, 2013 11:33:45 PM

dhan
sjhman
Veteran Author Atlanta

Posts:429
Points:899,575
Joined:Sep 2008
Message Posted: Jan 22, 2013 11:31:07 PM

That's what's up!
Zonk
Champion Author Michigan

Posts:9,683
Points:2,870,125
Joined:Oct 2005
Message Posted: Jan 22, 2013 11:30:57 PM

or they may rise. Ask folks in Battle Creek.
unicornpmb
Champion Author Buffalo

Posts:11,734
Points:2,406,945
Joined:Sep 2005
Message Posted: Jan 22, 2013 11:28:35 PM

It's easy to say, but will it happen?
59glide
Champion Author New Haven

Posts:1,141
Points:1,696,000
Joined:Apr 2006
Message Posted: Jan 22, 2013 11:28:04 PM

FALL BABY FALL
TXRanger09
Champion Author Dallas

Posts:4,052
Points:1,368,750
Joined:May 2009
Message Posted: Jan 22, 2013 11:26:23 PM

I'm sticking to 10 gallons a week which is my weekly average. We're done buying $20 or $30 worth. We buy gallons. Currently $30.60 a week.
sehonda
Champion Author Honolulu

Posts:3,267
Points:1,234,265
Joined:May 2009
Message Posted: Jan 22, 2013 11:26:08 PM

prices may rise
Jmac2008
Champion Author Missouri

Posts:4,614
Points:1,487,620
Joined:Dec 2008
Message Posted: Jan 22, 2013 11:24:20 PM

every time they say they might fall they see to rise even more.
pa79th
Champion Author Pennsylvania

Posts:5,012
Points:1,971,300
Joined:Jun 2007
Message Posted: Jan 22, 2013 11:23:47 PM

yeah...sure...
BobD2009
Champion Author Long Island

Posts:10,187
Points:2,001,340
Joined:Apr 2009
Message Posted: Jan 22, 2013 11:23:08 PM

I'd be surprised.
Bigwaynef
Champion Author South Carolina

Posts:15,556
Points:2,853,930
Joined:Dec 2006
Message Posted: Jan 22, 2013 11:22:57 PM

It depends on which way the winds blowing...
regout
Champion Author Quebec

Posts:6,160
Points:1,604,430
Joined:May 2010
Message Posted: Jan 22, 2013 11:22:07 PM

If speculators want but if they need money for Easter gifts....
tedjm1
Champion Author New York

Posts:5,609
Points:801,050
Joined:Dec 2006
Message Posted: Jan 22, 2013 11:21:57 PM

Maybe
MN1
Champion Author Twin Cities

Posts:6,465
Points:1,400,155
Joined:Jun 2011
Message Posted: Jan 22, 2013 11:21:14 PM

Got a bridge for sale in NY.
crmedic
Champion Author Arkansas

Posts:6,294
Points:807,700
Joined:Jul 2011
Message Posted: Jan 22, 2013 11:20:28 PM

Still waiting! A local Valero station just raised it's prices 10 cents a gallon.
rwsb30
All-Star Author Dayton

Posts:623
Points:122,185
Joined:Jul 2008
Message Posted: Jan 22, 2013 11:20:27 PM

Big whoop !
Matt G
Champion Author Boston

Posts:7,763
Points:3,548,615
Joined:Jun 2004
Message Posted: Jan 22, 2013 11:19:32 PM

Believe that and I'll tell you another one
52MPG
Champion Author Dayton

Posts:10,500
Points:2,517,675
Joined:Apr 2006
Message Posted: Jan 22, 2013 11:19:29 PM

If it comes true it will be good for the US economy.
bby
Champion Author Twin Cities

Posts:8,065
Points:1,677,990
Joined:Nov 2009
Message Posted: Jan 22, 2013 11:18:48 PM

Ok
streetcars
Champion Author Toledo

Posts:15,518
Points:3,377,850
Joined:Apr 2005
Message Posted: Jan 22, 2013 11:18:42 PM

I wish, and give me a winning lotto ticket.
cheaper0ON
Champion Author Ontario

Posts:4,180
Points:1,173,005
Joined:Jan 2012
Message Posted: Jan 22, 2013 11:18:23 PM

Hopefully!!!
VetteFan
Champion Author Indiana

Posts:11,318
Points:2,417,625
Joined:Aug 2005
Message Posted: Jan 22, 2013 11:17:47 PM

Old news.
5Golfer8
Champion Author Tucson

Posts:5,238
Points:1,051,715
Joined:Jun 2011
Message Posted: Jan 22, 2013 11:15:03 PM

Drop baby drop.
crreed1
Champion Author West Virginia

Posts:5,011
Points:3,212,935
Joined:May 2005
Message Posted: Jan 22, 2013 11:15:01 PM

went up 10cents today here
gasmack
Champion Author Ventura

Posts:4,036
Points:1,380,355
Joined:Feb 2011
Message Posted: Jan 22, 2013 11:14:12 PM

Hope so. Well see.
GAS1251
Champion Author Texas

Posts:8,402
Points:2,403,435
Joined:Jun 2008
Message Posted: Jan 22, 2013 11:13:55 PM

Right now they seem to be rising
GasholeMI
Champion Author Lansing

Posts:13,227
Points:2,438,345
Joined:Jul 2008
Message Posted: Jan 22, 2013 11:13:21 PM

Doubtful.
N5EXY
Champion Author Austin

Posts:8,760
Points:2,285,980
Joined:Jul 2004
Message Posted: Jan 22, 2013 11:12:48 PM

All these kind of stories are good for is gas buddy points. Gimme mine.
Post a reply Back to Topics