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Author Topic: Will We See $5 Gasoline This Year? Back to Topics
txrojo2005
Champion Author
Austin

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Points:1,111,735
Joined:May 2011
Message Posted: Feb 24, 2013 5:05:01 PM

Gasoline prices rose to a near four-month high in the U.S. Tuesday, fueled by a number of refinery closures.

The Automobile Association of America reported that national retail prices for regular gasoline are up 13 percent to an average $3.748 a gallon from a month ago, up from $3.604 a week ago and up 5 percent from the same period a year ago.

About one million barrels per day of refining capacity has been taken off line on the East Coast and St. Croix, as the industry responds to low margins and shrinking demand. In January, Hess announced plans to close its Port Reading, N.J., refinery, while refinery shutdowns and planned repairs have cut into gasoline supplies in many parts of the country.

Inventories have also been constrained by refinery closures and mechanical problems that occurred in the wake of super storm Sandy.

CNBC Published: Tuesday, 19 Feb 2013 | 11:37 AM ET
http://www.cnbc.com/id/100470514

[Edited by: txrojo2005 at 2/24/2013 5:05:56 PM EST]
REPLIES (newest first) Post a Reply
Titanic1985
Champion Author South Carolina

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Points:1,009,620
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Message Posted: Nov 12, 2013 7:35:21 AM

It appears that we will not see $5.00 a gallon this year, 2013, in South Carolina.
NickoliMB
Champion Author Manitoba

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Message Posted: Nov 11, 2013 8:05:18 PM

Been seeing it a lot in Canada.
BuzzLOL
Champion Author Toledo

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Points:58,945
Joined:Apr 2011
Message Posted: Nov 11, 2013 10:03:02 AM

. Gas hasn't been $5 here since Summer 2008 after 8 years of EvilBushJr. as president of USA... currently $2.73 here and dropping under Obama...
46chief
Champion Author Indiana

Posts:6,650
Points:2,563,615
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Message Posted: Nov 10, 2013 3:14:45 PM

Not this year. Maybe 2014, but I hope not!
randy3116
Champion Author Tennessee

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Message Posted: Nov 10, 2013 2:32:33 PM

not 2013
GoFlamesGo
Champion Author British Columbia

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Message Posted: Nov 10, 2013 2:25:38 PM

No, not with current trend of supply and demand
OceanArcher
Champion Author Mississippi

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Message Posted: Nov 10, 2013 1:49:54 PM

Ain't gonna happen......
Buddy2264
Champion Author Tampa

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Message Posted: Nov 9, 2013 6:24:34 PM

No
Philo_Gray
Champion Author Twin Cities

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Message Posted: Nov 9, 2013 6:20:28 PM

only if Obama has his way. Then it will be $10.
xbAG
Champion Author California

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Message Posted: Nov 9, 2013 4:41:44 PM

I sure hope not!
jdmd6613
Champion Author Memphis

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Message Posted: Nov 9, 2013 12:54:54 PM

No
GuitarmanMS
Champion Author Mississippi

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Message Posted: Nov 9, 2013 10:54:24 AM

It should not
tiger9916
Champion Author Winnipeg

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Message Posted: Nov 9, 2013 7:47:14 AM

No way
gougenator
Champion Author Dallas

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Message Posted: Nov 9, 2013 7:41:42 AM

aint gonna happen ,,hell might see HALF of $5 here soon
AFOS
Champion Author Chicago

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Points:3,828,095
Joined:Jul 2001
Message Posted: Nov 8, 2013 6:47:25 PM

In spots in CA and AK, and one or two stations in Orlando: yes.
Otherwise, no.
jaybash
Champion Author Dallas

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Message Posted: Nov 8, 2013 6:39:09 PM

Not this year...
sarasotasingle
Champion Author Sarasota

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Message Posted: Nov 8, 2013 6:22:36 PM

NO WAY IT WILL BE $2.99 or less soon as it is in Tampa !!!
wbacon
Champion Author Philadelphia

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Message Posted: Nov 8, 2013 5:37:59 PM

not this year
TomB2
Champion Author St. Louis

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Message Posted: Nov 8, 2013 5:17:44 PM

No
tkawashima
Champion Author Honolulu

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Message Posted: Oct 23, 2013 10:45:15 AM

No
MertieMan
Champion Author Lexington

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Message Posted: Oct 23, 2013 9:59:13 AM

It is bad enough and here you go speculating, stop it.
HideMKE
Champion Author Milwaukee

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Message Posted: Oct 23, 2013 9:57:58 AM

no
thirty8paces
Champion Author Baltimore

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Message Posted: Oct 23, 2013 9:56:57 AM

Nope.
jdmd6613
Champion Author Memphis

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Message Posted: Oct 23, 2013 9:51:35 AM

No
PaylessKY
Champion Author Kentucky

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Message Posted: Oct 23, 2013 9:15:35 AM

No
DDubyu
Champion Author Ventura

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Message Posted: Oct 23, 2013 7:52:38 AM

No
Seekingone
Champion Author Florida

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Message Posted: Oct 23, 2013 6:34:23 AM

no
Maxer105
Champion Author New Jersey

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Message Posted: Oct 23, 2013 6:21:47 AM

no oil is dropping FAST.
RNF
Champion Author Indiana

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Joined:Jun 2004
Message Posted: Oct 23, 2013 6:20:41 AM

No.
gman617
Champion Author Illinois

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Message Posted: Oct 23, 2013 6:18:01 AM

No
mawtaow
Champion Author Boston

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Message Posted: Oct 23, 2013 5:50:01 AM

No
catladyNM
All-Star Author New Mexico

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Message Posted: Oct 13, 2013 10:55:20 PM

I sure hope not!
pagbowl
All-Star Author Pennsylvania

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Message Posted: Oct 3, 2013 11:21:02 PM

No
TomB2
Champion Author St. Louis

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Message Posted: Oct 3, 2013 7:38:07 PM

No
SpeedyGonzoMD
Champion Author Maryland

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Message Posted: Sep 24, 2013 4:06:34 PM

I hope not
lwood655
Champion Author New Orleans

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Message Posted: Sep 24, 2013 4:02:10 PM

no
grampi47
Champion Author Illinois

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Points:83,685
Joined:Apr 2006
Message Posted: Sep 24, 2013 3:46:16 PM

"We will see it right before we see $6, then 7$ gas."

Unless you're like 5 years old, you'll likely never prices that high....
pt1KY
Champion Author Lexington

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Message Posted: Sep 24, 2013 11:12:04 AM

no
russells350
Champion Author Montreal

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Message Posted: Sep 24, 2013 9:53:15 AM

no
Dennis783
Champion Author Des Moines

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Message Posted: Sep 24, 2013 7:28:20 AM

Is Obama still prez... I wouldn't doubt it will get to $5
waynecz
Champion Author Mississippi

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Message Posted: Sep 22, 2013 8:31:52 PM

Certain areas of the country see it all the time at numerous stations, so YES is the answer. If this administration would get its way that would be the minimum price across the USA.
BobBG
Champion Author Albany

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Message Posted: Sep 22, 2013 8:29:12 PM

No.
DJRIO
Champion Author Miami

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Message Posted: Sep 22, 2013 8:01:26 PM

no
morrongiello
Champion Author New York

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Message Posted: Sep 22, 2013 7:18:10 PM

Don't think so...
johnkoza
Veteran Author Detroit

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Message Posted: Sep 22, 2013 6:28:01 PM

Probably not unless there is military action in the mid east and then only in the People's Republic or California.
Titanic1985
Champion Author South Carolina

Posts:10,545
Points:1,009,620
Joined:Dec 2010
Message Posted: Sep 22, 2013 9:09:15 AM

Not in South Carolina as prices are currently hovering between $2.91 and $3.11 at many gas stations.
sbnks11
Rookie Author Indianapolis

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Points:102,610
Joined:Jun 2011
Message Posted: Sep 21, 2013 10:46:25 AM

Pleeeease, no please no!
dfp609
Champion Author Cincinnati

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Joined:Feb 2012
Message Posted: Sep 21, 2013 10:20:48 AM

I certainly hope not.
ace12012
Champion Author Phoenix

Posts:3,812
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Joined:Apr 2012
Message Posted: Sep 13, 2013 7:01:39 PM

no
DHIGAJ
All-Star Author Toronto

Posts:669
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Joined:May 2009
Message Posted: Sep 13, 2013 6:47:50 PM

no
catladyNM
All-Star Author New Mexico

Posts:580
Points:523,000
Joined:May 2012
Message Posted: Sep 7, 2013 6:02:33 PM

I sure hope not!
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