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Author Topic: Locals react to gas price forecast Back to Topics
angel4me

Champion Author
San Jose

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Message Posted: Jan 11, 2013 12:26:08 AM

While energy forecasters see lower gas prices in 2013, George Anthony of New Salem is not betting on it.

"My broker at T. Rowe Price said gas prices are going up," Anthony said Thursday night outside the Rutter's on South Richland Avenue in Spring Garden Township. "Because of the world situation, our new secretary of defense will cave into (President Barack) Obama's wishes."

America's new secretary of defense, Anthony explained, will decrease the country's worldwide military presence and increase American fuel prices.

Forecasters say ample oil supplies and weak U.S. demand will keep gas prices low, the Associated Press reported this week.

"That would be awesome," said Chris Endres of New Freedom, who noted that he was surprised that gas prices went down and then up again after the 2011
Visit York Daily Record for full article
REPLIES (newest first) Post a Reply
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jrs4125
Champion Author Indiana

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Message Posted: Jan 12, 2013 4:23:04 AM

There is never enough profit.
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Skunk63
Champion Author Phoenix

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Message Posted: Jan 11, 2013 11:00:13 AM

It's going to go up and down. Like it does every year.
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Tekkersmom57
Champion Author Syracuse

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Message Posted: Jan 11, 2013 10:56:41 AM

BINGO, dr047! WHY are the prices up? Last year on this date oil was $101/barrel with gas being $3.53/gallon in my area. Today oil is presently at $92.79/barrel.

Well, oil is over $8/barrel lower. For every $1 a barrel of oil decline, gas is supposed to....(SUPPOSE, being the keyword) decline by 2.5 cents per gallon. Doing the quick math 8 x 2.5 equals 20 cents. So gas should actually be $3.33/gallon and today it is $3.63 in my area!

Anyone see a problem with that??????
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investmentdr
Champion Author Cleveland

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Message Posted: Jan 11, 2013 10:36:21 AM

gasoline trading -2% today
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fora_7
Champion Author Montreal

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Message Posted: Jan 11, 2013 9:27:34 AM

it will raise and fall, regardless of the reaction of people
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humblepie
Champion Author Toledo

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Message Posted: Jan 11, 2013 9:06:42 AM

fuel wholesalers are the new somali pirates
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FPLREP
Champion Author Virginia

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Message Posted: Jan 11, 2013 8:06:08 AM

Start a protest outside the inauguration next weekend!
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dr047
Champion Author Cleveland

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Message Posted: Jan 11, 2013 7:27:27 AM


"U.S. demand will keep gas prices low"

So why did the prices just go up?
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pickNC
Rookie Author Winston-Salem

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Message Posted: Jan 11, 2013 7:23:18 AM

sometimes you cant believe all that we read,and it's getting to where we can't believe all that we see.
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epf
Champion Author Grand Rapids

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Message Posted: Jan 11, 2013 7:17:36 AM

I rarely believe what I read.
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gs7101
Champion Author San Antonio

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Message Posted: Jan 11, 2013 7:15:20 AM

Don't believe the hype -- oil and gas companies are in business to make huge profits at the expense of consumers!
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sabre75
Champion Author Florida

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Message Posted: Jan 11, 2013 6:40:28 AM

My gas is going up fast also....
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MImusicman
Champion Author Michigan

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Message Posted: Jan 11, 2013 6:36:31 AM

Time will tell
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daytonabiker
Champion Author Florida

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Message Posted: Jan 11, 2013 6:20:43 AM

BS my gas has shot up to 3.50 a gallon in 2 weeks time
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bills299
Champion Author Atlanta

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Message Posted: Jan 11, 2013 6:12:09 AM

We are all screwed!!
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dandvicb
Champion Author Bridgeport

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Message Posted: Jan 11, 2013 6:10:35 AM

which will push prices thru roof
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Straitliner
Champion Author Illinois

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Message Posted: Jan 11, 2013 6:04:30 AM

This economy is turning around finally.
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pscamp
Champion Author Ottawa

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Message Posted: Jan 11, 2013 6:03:31 AM

OK
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yardslave
Champion Author Oklahoma City

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Message Posted: Jan 11, 2013 5:57:37 AM

Ok...
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Yooperheart
Champion Author Michigan

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Message Posted: Jan 11, 2013 5:57:02 AM

Just like the weather boys, C.P.S.
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kyjlh
Champion Author Kentucky

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Message Posted: Jan 11, 2013 5:29:26 AM

here we go again
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hokieburgh
Champion Author Virginia

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Message Posted: Jan 11, 2013 5:27:21 AM

prices are rising pretty fast locally...........from a low of $2.97 a few weeks ago we're now seeing the $3.20s again (in SW VA.)
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leeac
Champion Author Ohio

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Message Posted: Jan 11, 2013 5:15:09 AM

If the blame for the current price increase goes to Obama then we should thank him for the big decrease in gasoline prices since the election.
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carolfitz4438
Veteran Author New York

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Message Posted: Jan 11, 2013 4:42:59 AM

Don't know
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OHMS
Champion Author Orange County

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Message Posted: Jan 11, 2013 4:28:51 AM

all over the world tonight...
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Nancy&Len
Champion Author Cleveland

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Message Posted: Jan 11, 2013 4:14:29 AM

$.34 a gallon spike here yesterday.
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Cothrom
Champion Author South Carolina

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Message Posted: Jan 11, 2013 3:56:01 AM

I have hear it will go up this year, I have heard it will drop. Guess we will see
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RussianAnya
All-Star Author Dallas

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Message Posted: Jan 11, 2013 3:54:52 AM

ok
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RussianAnya
All-Star Author Dallas

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Message Posted: Jan 11, 2013 3:54:43 AM

ok
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scu227
Champion Author New Haven

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Message Posted: Jan 11, 2013 3:39:50 AM

Prices should be a lot lower but the SPECULATORS seem to have a way to push them up!
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pricewar
Champion Author Ogden

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Message Posted: Jan 11, 2013 3:12:17 AM

All speculation
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KE4YBZ
All-Star Author Knoxville

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Message Posted: Jan 11, 2013 3:02:10 AM

hey... nobody knows for sure what gas prices will do. That's why this site is so important!
It helps to have an idea on what "might" happen... but just don't put all your hopes on a guessing game.

(Ok, off my soapbox now...)
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wally52
Champion Author Little Rock

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Message Posted: Jan 11, 2013 2:58:54 AM

Well folks this is a new year, for better or worse.
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ClarkSC
Champion Author South Carolina

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Message Posted: Jan 11, 2013 2:55:15 AM

A joke.
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quasar502
Champion Author Lansing

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Message Posted: Jan 11, 2013 2:05:04 AM

Sounds like a bunch of mixed signals to me.
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Suzzoom
Champion Author Nevada

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Message Posted: Jan 11, 2013 1:42:55 AM

I'm not seeing a connection between rising gas prices & a decrease in US military presence around the world, but if that belief will help his broker make mor money off him, then the broker has done his job.
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Zing20
Champion Author Fresno

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Message Posted: Jan 11, 2013 1:26:54 AM

They were low a month ago, now prices are rising.
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roadrunnerMO
Champion Author Kansas

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Message Posted: Jan 11, 2013 1:06:53 AM

Sounds like that broker is one of those speculators we so detest.
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johnd900
Veteran Author Massachusetts

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Message Posted: Jan 11, 2013 12:50:43 AM

wish they'd go down more...
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