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Author Topic: Oil prices continue to fade Back to Topics
PD

Moderator
Message Posted: Apr 15, 2013 10:10:47 AM

Oil prices have been under attack in the last few weeks, perhaps a remarkable turn around given what is considered normal for this time of year. At last look, oil prices began this week by shedding nearly $2/bbl, bringing them down to $89/bbl, something that is highly unusual this time of year, but goes to show how rising domestic supply and availability may be keeping a lid on oil prices.

The good news is that lower oil prices will be a leading contributor to lower pump prices, which as of this morning stand nearly 40c/gal lower than they did a year ago. Hawaii is the lone state where gasoline prices remain above an average of $4/gallon, and due to unique issues there, will likely remain above $4/gallon.

Across the rest...

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REPLIES (newest first) Post a Reply
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scorpiogg
Champion Author Modesto

Posts:1,565
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Message Posted: Aug 20, 2013 7:30:44 PM

Wish gas prices would do the same
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panteraone
Champion Author Texas

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Message Posted: Aug 18, 2013 8:57:35 AM

build more refinerys
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mdcsgt
Champion Author South Carolina

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Message Posted: May 20, 2013 8:15:51 AM

Continue to fade?? Really?? Oil is on the rise last I checked?? Which means pump prices will continue to rise too!!!
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Gas4Gore
Champion Author Detroit

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Message Posted: May 19, 2013 9:19:43 PM

There was a time when price per barrel went lower gas prices went lower. Not anymore.
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vulcan96
Champion Author Ohio

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Message Posted: May 18, 2013 2:09:12 AM

greed & 3rd rate BS
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Vette1967
Champion Author Albany

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Message Posted: May 16, 2013 12:22:22 AM

Wish gas prices would do the same.
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heydano67
Champion Author California

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Message Posted: May 15, 2013 11:49:57 PM

keep on falling
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Donatelo
Champion Author Dayton

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Message Posted: May 13, 2013 12:55:52 PM

up and down and all over the place is where gas around here is.
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RapMassaG
Champion Author Cincinnati

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Message Posted: May 13, 2013 12:35:41 PM

Oil prices fade, Greedway spikes 40 cents/gallon this morning.
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gasmeup52
Champion Author Missouri

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Message Posted: May 13, 2013 11:29:03 AM

What a roller coaster ride with gas prices.
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rickfro
All-Star Author San Diego

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Message Posted: May 11, 2013 11:27:07 PM

oil is down but gas prices are rising quickly.
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honda0105
Champion Author Tallahassee

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Message Posted: May 11, 2013 7:31:59 AM

up, down, down, up, up, up, up.... hmmm... Memorial Day is approaching. Get ready for some big BOHICA.
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txrojo2005
Champion Author Austin

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Message Posted: May 7, 2013 10:13:25 AM

OK
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Donatelo
Champion Author Dayton

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Message Posted: May 7, 2013 8:27:54 AM

seems every other day it is going up or down.
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99dakota
Champion Author Providence

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Message Posted: May 6, 2013 6:53:57 AM

Ok
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WanderDan
All-Star Author Dayton

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Message Posted: May 5, 2013 8:27:59 PM

post old "news" and see how quick it is totally wrong
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DoggII
All-Star Author Omaha

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Message Posted: May 3, 2013 8:19:09 AM

Price is still too high
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heydano67
Champion Author California

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Message Posted: May 3, 2013 2:16:50 AM

still waiting
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Jmac2008
Champion Author Missouri

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Message Posted: May 2, 2013 1:18:00 AM

but gas prices are not dropping, the oil companies are just making a BIGGER Profit.
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99dakota
Champion Author Providence

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Message Posted: May 1, 2013 6:38:24 AM

lets hope so.
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WanderDan
All-Star Author Dayton

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Message Posted: Apr 26, 2013 11:46:51 PM

very old news
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panteraone
Champion Author Texas

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Message Posted: Apr 25, 2013 11:01:24 PM

yeah, gas company's giving us a break
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Gas4Gore
Champion Author Detroit

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Message Posted: Apr 25, 2013 6:39:31 PM

I do not believe it.
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xbAG
Champion Author California

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Message Posted: Apr 24, 2013 6:15:54 PM

going down VERY slowly here in central coast of CA.
:> (((
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mdcsgt
Champion Author South Carolina

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Message Posted: Apr 24, 2013 3:58:12 PM

Won't last?? Someone in Middle East will rattle a sword or if not that Hurricane season starts June 1st. First storm to form in the Gulf will send everything higher. Lord forbid a storm making landfall in Louisiana or Texas, it'll go to $5 or $6 a gallon in 1/2 a day???
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Donatelo
Champion Author Dayton

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Message Posted: Apr 24, 2013 10:20:47 AM

good news, but gas prices fall slowly.
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Vette1967
Champion Author Albany

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Message Posted: Apr 24, 2013 12:41:19 AM

Keep conserving fuel.
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99dakota
Champion Author Providence

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Message Posted: Apr 23, 2013 5:58:59 AM

good
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Donatelo
Champion Author Dayton

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Message Posted: Apr 21, 2013 7:55:18 AM

and fuel prices are still up.
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paulweb
Champion Author Ohio

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Message Posted: Apr 21, 2013 7:27:23 AM

Fading upwards around here.
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honda0105
Champion Author Tallahassee

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Message Posted: Apr 20, 2013 1:24:34 AM

claire, agreed!
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claire17
Rookie Author Albany

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Message Posted: Apr 17, 2013 2:48:37 PM

We still need cars that get 40 mpg or better
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benjy
Champion Author Chicago

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Message Posted: Apr 16, 2013 9:02:51 PM

we enjoy it today...
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SkooterG
Champion Author Phoenix

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Message Posted: Apr 16, 2013 11:50:48 AM

Good news for a change. Lets hope it continues.
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52MPG
Champion Author Dayton

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Message Posted: Apr 16, 2013 11:47:53 AM

Fade faster.
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L98
Sophomore Author Ontario

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Message Posted: Apr 16, 2013 11:38:41 AM

hopefully the lower pump prices will continue in proportion to the lower barrel price
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BlueJaysMVP33
Rookie Author Ontario

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Message Posted: Apr 16, 2013 11:20:51 AM

I'm f ckin sick of it all. I'm going to buy meself a donkey and they can shove their oil up their ass !!!
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robwill1889
Champion Author Austin

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Message Posted: Apr 16, 2013 7:44:44 AM

Great news
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pitamon
Champion Author Philadelphia

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Message Posted: Apr 16, 2013 6:10:50 AM

Keep falling.
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kirzon484
Champion Author Atlanta

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Message Posted: Apr 16, 2013 6:09:54 AM

we will take the meager pennies we can find
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RalphHightower
Champion Author South Carolina

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Message Posted: Apr 16, 2013 6:03:54 AM

Yea!
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pfone1847
Champion Author Illinois

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Message Posted: Apr 16, 2013 6:02:33 AM

I want to see more fade at the pumps
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skanytank
Champion Author Kentucky

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Message Posted: Apr 16, 2013 6:02:03 AM

Funny how gas prices do spike around here...Yesterday's OLD news...
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Cobolpup
Sophomore Author Indiana

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Message Posted: Apr 16, 2013 6:02:01 AM

Lower gas prices??? B. S. Prices went up here over .30 just over night.
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danny999
Champion Author Florida

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Message Posted: Apr 16, 2013 6:01:58 AM

The whole market went south.Stocks down 265 points,Gold-huge sell off 1355,gas 2.74.Talk about market corrections.This woke up some day traders who speculate.The gravy train doesn't last forever.
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NJColt
Champion Author New Jersey

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Message Posted: Apr 16, 2013 6:01:55 AM

Falling like a feather.
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LeeFree
Champion Author Pittsburgh

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Message Posted: Apr 16, 2013 6:00:19 AM

The bigger picture is the commodities market in general taking a dive. The speculators control the market and when they get "spooked" the market dives. Supply and demand have little to do with prices anymore. It's all about media spin and disinformation.
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Ferdman17
Champion Author Albany

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Message Posted: Apr 16, 2013 5:59:41 AM

Of course
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Jeffro61
Champion Author Cleveland

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Message Posted: Apr 16, 2013 5:59:34 AM

The economy needs the drop in prices.
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germainesr
Champion Author Columbia

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Joined:Sep 2008
Message Posted: Apr 16, 2013 5:57:35 AM

Prices still high as a kite
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