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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
scorpiogg
Champion Author Modesto

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Message Posted: Aug 20, 2013 7:30:44 PM

Wish gas prices would do the same
panteraone
Champion Author Texas

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

build more refinerys
mdcsgt
Champion Author South Carolina

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Points:733,435
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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!!!
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.
vulcan96
Champion Author Ohio

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

greed & 3rd rate BS
Vette1967
Champion Author Albany

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

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

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

keep on falling
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.
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.
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.
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.
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.
txrojo2005
Champion Author Austin

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

OK
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.
99dakota
Champion Author Providence

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

Ok
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
DoggII
All-Star Author Omaha

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

Price is still too high
heydano67
Champion Author California

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

still waiting
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.
99dakota
Champion Author Providence

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

lets hope so.
WanderDan
All-Star Author Dayton

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

very old news
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
Gas4Gore
Champion Author Detroit

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

I do not believe it.
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.
:> (((
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???
Donatelo
Champion Author Dayton

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

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

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

Keep conserving fuel.
99dakota
Champion Author Providence

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

good
Donatelo
Champion Author Dayton

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

and fuel prices are still up.
paulweb
Champion Author Ohio

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

Fading upwards around here.
honda0105
Champion Author Tallahassee

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

claire, agreed!
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
benjy
Champion Author Chicago

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

we enjoy it today...
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.
52MPG
Champion Author Dayton

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

Fade faster.
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
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 !!!
robwill1889
Champion Author Austin

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

Great news
pitamon
Champion Author Philadelphia

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

Keep falling.
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
RalphHightower
Champion Author South Carolina

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

Yea!
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
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...
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.
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.
NJColt
Champion Author New Jersey

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

Falling like a feather.
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.
Ferdman17
Champion Author Albany

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

Of course
Jeffro61
Champion Author Cleveland

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

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

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Message Posted: Apr 16, 2013 5:57:35 AM

Prices still high as a kite
MushBeeguy
Sophomore Author Indianapolis

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Joined:Mar 2012
Message Posted: Apr 16, 2013 5:56:49 AM

Apparently my local stations didn't get the message either. +$.30 this morning.
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