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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
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KAR120CSII
Champion Author Oregon

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Message Posted: Oct 31, 2012 2:34:30 AM

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

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Message Posted: Oct 30, 2012 11:13:14 PM

good
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gasokie
Champion Author Oklahoma

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Message Posted: Oct 30, 2012 6:03:56 PM

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

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Message Posted: Oct 30, 2012 1:39:41 PM

its just not declining fast enough
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Donatelo
Champion Author Dayton

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Message Posted: Oct 30, 2012 11:58:59 AM

ok
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Gas4Gore
Champion Author Detroit

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Message Posted: Oct 29, 2012 11:05:59 PM

Hope so
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dcone2
Champion Author Los Angeles

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Message Posted: Oct 29, 2012 12:21:38 AM

ok
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RapMassaG
Champion Author Cincinnati

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Message Posted: Oct 28, 2012 9:43:51 PM

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

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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.
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GasHunter0007
Veteran Author California

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Message Posted: Oct 28, 2012 2:04:55 PM

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

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Message Posted: Oct 22, 2012 4:47:11 PM

They say it is.
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clpassenubye
Champion Author Los Angeles

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Message Posted: Oct 21, 2012 10:56:08 PM

great
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clpassenubye
Champion Author Los Angeles

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Message Posted: Oct 21, 2012 10:55:57 PM

great
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Vette1967
Champion Author Albany

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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.
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hhf
Rookie Author Ontario

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Message Posted: Oct 20, 2012 1:14:49 PM

still way too high!
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Lobsters11
Rookie Author Sacramento

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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!
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TOOMUCH
Sophomore Author Toronto

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Message Posted: Oct 20, 2012 12:56:56 PM

and about time too.
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honda0105
Champion Author Tallahassee

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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.
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Mothus
Veteran Author Atlanta

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Message Posted: Oct 19, 2012 12:50:05 PM

k
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renbutler
Champion Author Indianapolis

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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.
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honda0105
Champion Author Tallahassee

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Message Posted: Oct 19, 2012 5:45:03 AM

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

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Message Posted: Oct 19, 2012 5:44:46 AM

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

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Message Posted: Oct 18, 2012 7:41:27 PM

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

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Message Posted: Oct 18, 2012 4:51:33 PM

hope so
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CapriceWagon
Champion Author Washington

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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
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honda0105
Champion Author Tallahassee

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Message Posted: Oct 18, 2012 5:56:16 AM

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

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Message Posted: Oct 18, 2012 5:55:28 AM

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

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Message Posted: Oct 17, 2012 8:36:02 PM

yeah!!!
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lesandliz
Sophomore Author New Orleans

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Message Posted: Oct 17, 2012 5:40:48 PM

Every penny counts...
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livedream
Champion Author Michigan

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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.....
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Billbop
Champion Author St. Louis

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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.
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menagerie1013
Champion Author San Diego

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Message Posted: Oct 17, 2012 4:41:20 PM

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

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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
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SUV2009
Champion Author Orlando

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Message Posted: Oct 17, 2012 4:15:53 PM

oKAY
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SkooterG
Champion Author Phoenix

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Message Posted: Oct 17, 2012 4:11:29 PM

Won't happen soon enough!
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Point__man
Champion Author Raleigh

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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.
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sydb7
Champion Author Atlanta

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Message Posted: Oct 17, 2012 4:10:23 PM

Actually going up in Atlanta!
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boldrph
Champion Author Topeka

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Message Posted: Oct 17, 2012 3:33:21 PM

down 30c in 30 days
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07skydriver
Champion Author Ohio

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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.
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IMLURCH
Champion Author Minnesota

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Message Posted: Oct 17, 2012 2:44:44 PM

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

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Message Posted: Oct 17, 2012 2:37:16 PM


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

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Message Posted: Oct 17, 2012 2:32:53 PM

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

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Message Posted: Oct 17, 2012 2:31:28 PM

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

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Message Posted: Oct 17, 2012 2:30:32 PM

We'll see
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DeeLA
Champion Author Los Angeles

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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.
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McMutt
Champion Author Ontario

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Message Posted: Oct 17, 2012 2:28:54 PM

Another cycle.
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zeitgeist669
Rookie Author Knoxville

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Message Posted: Oct 17, 2012 2:28:49 PM

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

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Message Posted: Oct 17, 2012 2:24:47 PM

whatever...
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grammamNV
Champion Author Nevada

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Message Posted: Oct 17, 2012 2:19:44 PM

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

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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
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