Not Logged In Log In   Sign Up   Points Leaders
Follow Us    4:10 PM

Message Forum - Read Message

Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Follow up: seasonal decline in gas prices coming Back to Topics
PD
Moderator
Message Posted: Oct 16, 2012 1:49:27 PM

GasBuddy tries to be among the first to tell you everything. We told you in spring when we thought prices had peaked, and they had indeed done just that, so here we are trying to also give you a heads up: it appears the seasonal decline in gas prices is ready to hit.

Make no mistake, some areas have already seen nice declines in gasoline prices- mainly the Great Lakes, where wholesale gasoline prices are at their lowest since February, when average retail prices were in the $3.30s and $3.40s. If you're in Michigan, Indiana, Ohio, Illinois, Kentucky, or Wisconsin your prices have already started dropping and will continue through this week.

If you're along the West Coast, specifically California, you have my sympathy. Prices...

Visit GasBuddy Blog for full article
REPLIES (newest first) Post a Reply
KAR120CSII
Champion Author Oregon

Posts:6,065
Points:1,262,265
Joined:Apr 2010
Message Posted: Oct 31, 2012 2:34:30 AM

Still in the $3.80s here.
dcone2
Champion Author Los Angeles

Posts:3,075
Points:801,730
Joined:Jul 2012
Message Posted: Oct 30, 2012 11:13:14 PM

good
gasokie
Champion Author Oklahoma

Posts:4,989
Points:1,984,015
Joined:May 2007
Message Posted: Oct 30, 2012 6:03:56 PM

It's happening. Paid $2.98 at the QT on I-44 in Tulsa today.
clpassenubye
Champion Author Los Angeles

Posts:4,251
Points:1,431,395
Joined:Mar 2011
Message Posted: Oct 30, 2012 1:39:41 PM

its just not declining fast enough
Donatelo
Champion Author Dayton

Posts:1,223
Points:331,165
Joined:Apr 2011
Message Posted: Oct 30, 2012 11:58:59 AM

ok
Gas4Gore
Champion Author Detroit

Posts:3,370
Points:600,885
Joined:Jan 2010
Message Posted: Oct 29, 2012 11:05:59 PM

Hope so
dcone2
Champion Author Los Angeles

Posts:3,075
Points:801,730
Joined:Jul 2012
Message Posted: Oct 29, 2012 12:21:38 AM

ok
RapMassaG
Champion Author Cincinnati

Posts:3,630
Points:1,653,205
Joined:Oct 2008
Message Posted: Oct 28, 2012 9:43:51 PM

Ours went up 50 cents/gallon yesterday, thanks to Greedway.
coffeebrake1015
Champion Author Florida

Posts:1,566
Points:670,010
Joined:May 2012
Message Posted: Oct 28, 2012 7:23:02 PM

no you make no mistake' it will hit and prices will come down. ELections are here and now is the time to vote. open up your eyes.
GasHunter0007
Veteran Author California

Posts:303
Points:316,455
Joined:Oct 2012
Message Posted: Oct 28, 2012 2:04:55 PM

Not in California. We will always be up there along with HI and NY.
Gas4Gore
Champion Author Detroit

Posts:3,370
Points:600,885
Joined:Jan 2010
Message Posted: Oct 22, 2012 4:47:11 PM

They say it is.
clpassenubye
Champion Author Los Angeles

Posts:4,251
Points:1,431,395
Joined:Mar 2011
Message Posted: Oct 21, 2012 10:56:08 PM

great
clpassenubye
Champion Author Los Angeles

Posts:4,251
Points:1,431,395
Joined:Mar 2011
Message Posted: Oct 21, 2012 10:55:57 PM

great
Vette1967
Champion Author Albany

Posts:9,195
Points:2,050,670
Joined:Jun 2009
Message Posted: Oct 21, 2012 3:43:21 PM

I can do one better then wait for a price drop...Just drive a little less.
hhf
Rookie Author Ontario

Posts:4
Points:1,305
Joined:Oct 2012
Message Posted: Oct 20, 2012 1:14:49 PM

still way too high!
Lobsters11
Rookie Author Sacramento

Posts:29
Points:16,075
Joined:Oct 2012
Message Posted: Oct 20, 2012 1:03:26 PM

There is no reason for gas prices to be so high. Its the greedy oil investors robbing us blind!
TOOMUCH
Veteran Author Toronto

Posts:264
Points:81,060
Joined:Jul 2003
Message Posted: Oct 20, 2012 12:56:56 PM

and about time too.
honda0105
Champion Author Tallahassee

Posts:24,027
Points:2,384,665
Joined:Nov 2008
Message Posted: Oct 20, 2012 12:01:59 AM

renb: 10 cents drop maybe, but there was the 60-70 cents jump UPwards before that.
Mothus
Veteran Author Atlanta

Posts:422
Points:1,002,395
Joined:Oct 2011
Message Posted: Oct 19, 2012 12:50:05 PM

k
renbutler
Champion Author Indianapolis

Posts:1,315
Points:174,585
Joined:Dec 2004
Message Posted: Oct 19, 2012 10:53:02 AM

People, come on. Just look at the price charts. Prices nationally have dipped almost ten cents in the past week:

http://66.70.86.64/ChartServer/ch.gaschart?Country=Canada&Crude=f&Period=1&Areas=USA%20Average,,&Unit=US%20$/G

Just because it isn't happening down the street from your house, it doesn't mean it isn't happening. Think macro, not micro.
honda0105
Champion Author Tallahassee

Posts:24,027
Points:2,384,665
Joined:Nov 2008
Message Posted: Oct 19, 2012 5:45:03 AM

yea... the question is WHEN will the drop happen...
honda0105
Champion Author Tallahassee

Posts:24,027
Points:2,384,665
Joined:Nov 2008
Message Posted: Oct 19, 2012 5:44:46 AM

CW: only as accurate as the human predicting it.
jcurley
Champion Author California

Posts:10,225
Points:2,501,050
Joined:Dec 2007
Message Posted: Oct 18, 2012 7:41:27 PM

well, we're waiting.
clpassenubye
Champion Author Los Angeles

Posts:4,251
Points:1,431,395
Joined:Mar 2011
Message Posted: Oct 18, 2012 4:51:33 PM

hope so
CapriceWagon
Champion Author Washington

Posts:1,488
Points:1,117,640
Joined:Feb 2008
Message Posted: Oct 18, 2012 2:21:03 PM

I paid $3.79 last night, prices were supposed to drop a month and a half ago, WTH
honda0105
Champion Author Tallahassee

Posts:24,027
Points:2,384,665
Joined:Nov 2008
Message Posted: Oct 18, 2012 5:56:16 AM

nice prices. In the mid-3.60 here...
honda0105
Champion Author Tallahassee

Posts:24,027
Points:2,384,665
Joined:Nov 2008
Message Posted: Oct 18, 2012 5:55:28 AM

seen finally a drop of 6 cents... that's 60 up and 6 down. Hmmm...
gknee09
Champion Author Philadelphia

Posts:1,039
Points:978,145
Joined:Jul 2009
Message Posted: Oct 17, 2012 8:36:02 PM

yeah!!!
lesandliz
Sophomore Author New Orleans

Posts:190
Points:436,975
Joined:Aug 2011
Message Posted: Oct 17, 2012 5:40:48 PM

Every penny counts...
livedream
Champion Author Michigan

Posts:7,099
Points:1,522,330
Joined:Mar 2011
Message Posted: Oct 17, 2012 5:16:09 PM

Prices in my area of West Michigan have dropped to the $3.60 range, and so far continue to drop, penny by penny.

We'll see if this welcome trend continues.....
Billbop
Champion Author St. Louis

Posts:2,849
Points:1,573,280
Joined:Jun 2004
Message Posted: Oct 17, 2012 5:07:25 PM

Dropped .13 here in the last 8 days but wait, someones uncles, cousins, maid heard that something may happen in Spain that affects the price of tomatoes completely throwing the oil market into a tizzy. It's a good as their excuses.
menagerie1013
Champion Author San Diego

Posts:2,365
Points:1,300,790
Joined:Apr 2011
Message Posted: Oct 17, 2012 4:41:20 PM

Is going down a little. Bigger price reductions are needed.
99church
Champion Author Indiana

Posts:5,016
Points:1,126,840
Joined:Oct 2011
Message Posted: Oct 17, 2012 4:31:54 PM

I live in northern Indiana, and when i left town yesterday i filled up for $3.59, I was going to Cincinatti, saw prices on the way there from $3.39 to $3.89 for regular gas
SUV2009
Champion Author Orlando

Posts:6,606
Points:1,848,445
Joined:Oct 2009
Message Posted: Oct 17, 2012 4:15:53 PM

oKAY
SkooterG
Champion Author Phoenix

Posts:3,858
Points:1,053,250
Joined:May 2012
Message Posted: Oct 17, 2012 4:11:29 PM

Won't happen soon enough!
Point__man
Champion Author Raleigh

Posts:7,446
Points:1,591,850
Joined:Oct 2010
Message Posted: Oct 17, 2012 4:11:11 PM

here the high priced stations have been stuck at 3.99 for months; while some others dropped a little. Betting prices change course before the drop reaches us.
sydb7
Champion Author Atlanta

Posts:5,917
Points:2,598,265
Joined:Mar 2003
Message Posted: Oct 17, 2012 4:10:23 PM

Actually going up in Atlanta!
boldrph
Champion Author Topeka

Posts:22,114
Points:4,220,620
Joined:Oct 2002
Message Posted: Oct 17, 2012 3:33:21 PM

down 30c in 30 days
07skydriver
Champion Author Ohio

Posts:6,028
Points:1,713,540
Joined:Feb 2009
Message Posted: Oct 17, 2012 3:13:28 PM

Toledo area is having a nice little gas war.
$3.09 is the low right now.
IMLURCH
Champion Author Minnesota

Posts:5,362
Points:1,867,300
Joined:Mar 2009
Message Posted: Oct 17, 2012 2:44:44 PM

can't happen soon or fast enough
caddilac
Champion Author Ontario

Posts:20,208
Points:2,913,260
Joined:Apr 2007
Message Posted: Oct 17, 2012 2:37:16 PM


I;ll believe it when I see it happen.
Busymomma56
Sophomore Author Utah

Posts:229
Points:63,645
Joined:Mar 2012
Message Posted: Oct 17, 2012 2:32:53 PM

ok already....do it!
CapriceWagon
Champion Author Washington

Posts:1,488
Points:1,117,640
Joined:Feb 2008
Message Posted: Oct 17, 2012 2:31:28 PM

We've been waiting for six weeks
zeeflyers
All-Star Author Pittsburgh

Posts:762
Points:364,435
Joined:Feb 2012
Message Posted: Oct 17, 2012 2:30:32 PM

We'll see
DeeLA
Champion Author Los Angeles

Posts:7,945
Points:2,126,680
Joined:Nov 2008
Message Posted: Oct 17, 2012 2:30:11 PM

This is old news, but it is proving GasBuddy wrong, at least so far as Southern California is concerned. Gas prices here have dropped on an average of 30 cents per gallon in the past 11 days. In many stations, we are below $4.50 per gallon now, and one is at $3.99.
McMutt
Champion Author Ontario

Posts:4,503
Points:2,017,215
Joined:Nov 2007
Message Posted: Oct 17, 2012 2:28:54 PM

Another cycle.
zeitgeist669
Rookie Author Knoxville

Posts:36
Points:440,370
Joined:Jul 2008
Message Posted: Oct 17, 2012 2:28:49 PM

I'll believe it when I see it.
yakstar
Champion Author Montreal

Posts:5,405
Points:1,228,375
Joined:Jan 2012
Message Posted: Oct 17, 2012 2:24:47 PM

whatever...
grammamNV
Champion Author Nevada

Posts:2,335
Points:372,425
Joined:Mar 2011
Message Posted: Oct 17, 2012 2:19:44 PM

down, down, down - when?
gas_too_high
Champion Author Columbus

Posts:16,031
Points:2,691,485
Joined:Aug 2005
Message Posted: Oct 17, 2012 2:18:56 PM

The seasonal slide, rumored since at least July, is now upon us -- finally.

However:

"Make no mistake, some areas have already seen nice declines in gasoline prices- mainly the Great Lakes, where wholesale gasoline prices are at their lowest since February..."

I can guarantee that *retail* gas prices are still mcuh higher than February, when they were in the 2.90s. The *lowest* in town right now is $3.29.

Prices are dropping, but they are not cheap -- not as long as they stay above $3/gallon.

GTH
TheThorn
Champion Author South Carolina

Posts:1,762
Points:1,145,530
Joined:Sep 2008
Message Posted: Oct 17, 2012 2:18:34 PM

come on down
Post a reply Back to Topics