Not Logged In Log In   Sign Up   Points Leaders
Follow Us    9:34 AM

Message Forum - Read Message

Category: GasBuddy Official Blog > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: National average picks up steam as oil prices recover Back to Topics
PD

Moderator
Message Posted: Dec 23, 2013 11:26:56 AM

Bad news for motorists preparing to travel for Christmas- the national average has seen it's low for the season and is starting to move higher.

Oil prices bounced higher last week, as did wholesale gasoline prices after the Fed got things going by announcing tapering its quantitive easing program, which triggered optimism that the economy may be strong enough without the strongest Fed action, which could mean more economic growth in the days ahead.

Indeed, third quarter GDP was revised upward, surprising the market, and also giving the bulls on the market reason to run. Lastly, there also seem to have been some refinery problems that have crept up in the last two weeks, in the Great Lakes and the Midwest, as well as in...

Visit GasBuddy Blog for full article
REPLIES (newest first) Post a Reply
Profile Pic
PAA64
Champion Author Cincinnati

Posts:1,031
Points:485,605
Joined:Jan 2013
Message Posted: Feb 24, 2014 12:46:34 AM

interesting
Profile Pic
scooby258_2000
All-Star Author Indiana

Posts:863
Points:211,695
Joined:Jan 2014
Message Posted: Feb 21, 2014 2:33:00 PM

when 9/11/01 came, gas prices were 1.29-1.39, prices jumped to 1.89-1.99, price gouging was illegal, this is the best way to show price gouging, look at the pump prices...
Profile Pic
gasmask78
Champion Author Virginia

Posts:4,113
Points:842,905
Joined:Sep 2011
Message Posted: Feb 21, 2014 2:35:58 AM

jo
Profile Pic
gasmask78
Champion Author Virginia

Posts:4,113
Points:842,905
Joined:Sep 2011
Message Posted: Feb 21, 2014 2:35:45 AM

joke
Profile Pic
gasmask78
Champion Author Virginia

Posts:4,113
Points:842,905
Joined:Sep 2011
Message Posted: Jan 10, 2014 8:20:01 AM

Averages can't steam
Profile Pic
gasmask78
Champion Author Virginia

Posts:4,113
Points:842,905
Joined:Sep 2011
Message Posted: Jan 10, 2014 8:19:15 AM

Boooooo
Profile Pic
gasmask78
Champion Author Virginia

Posts:4,113
Points:842,905
Joined:Sep 2011
Message Posted: Jan 10, 2014 8:18:41 AM

Yay
Profile Pic
honda0105
Champion Author Tallahassee

Posts:22,237
Points:2,069,190
Joined:Nov 2008
Message Posted: Dec 30, 2013 12:02:31 AM

dfp: PD (Patrick DeHaan, Sr. Gas Analyst at GasBuddy.com) likes to do exactly what you point out.
Profile Pic
honda0105
Champion Author Tallahassee

Posts:22,237
Points:2,069,190
Joined:Nov 2008
Message Posted: Dec 29, 2013 8:22:58 AM

would be nice to see a drop..
Profile Pic
dfp609
Champion Author Cincinnati

Posts:1,732
Points:537,580
Joined:Feb 2012
Message Posted: Dec 29, 2013 6:56:32 AM

Is this just another way of saying "we are being gouged by big oil" once again? It is amazing how prices seem to sky rocket around holidays and the so-called experts point to all of these variables which are the cause. How gullible do they think we are? I have no difficulty with prices being controlled by supply and demand, but don't treat us like morons.
Profile Pic
honda0105
Champion Author Tallahassee

Posts:22,237
Points:2,069,190
Joined:Nov 2008
Message Posted: Dec 28, 2013 6:53:28 AM

been climbing already between T-Day and Xmas.
Profile Pic
craigsfrank
Champion Author Arkansas

Posts:2,734
Points:1,219,315
Joined:Jun 2010
Message Posted: Dec 25, 2013 9:58:24 PM

The Christmas price hike doesn't help as well!
Profile Pic
RogerB
Champion Author Indianapolis

Posts:20,449
Points:3,078,520
Joined:Dec 2005
Message Posted: Dec 25, 2013 5:56:39 PM

             
Very interesting . . .
             
             
               
Profile Pic
heydano67
Champion Author California

Posts:2,494
Points:762,105
Joined:Feb 2012
Message Posted: Dec 25, 2013 2:53:21 AM

say it ain't so
Profile Pic
stopforgas
Champion Author Mississippi

Posts:2,230
Points:818,770
Joined:Jun 2011
Message Posted: Dec 24, 2013 4:42:07 PM

Oh well...
Profile Pic
DanMtz
Champion Author Oakland

Posts:5,528
Points:1,701,565
Joined:Oct 2009
Message Posted: Dec 24, 2013 1:02:37 PM

So much for the Christmas dip. Gas prices here have been flat for over a month.
Profile Pic
gougenator
Champion Author Dallas

Posts:32,927
Points:3,684,260
Joined:Aug 2003
Message Posted: Dec 24, 2013 10:56:03 AM

they think we have to pay $3.50-4.00! just because the economy is artificially getting better (still sucks in places!) so they get hurt even more, what a crock but weve come to expect this BS!
Profile Pic
pitamon
Champion Author Philadelphia

Posts:6,535
Points:2,250,900
Joined:Sep 2004
Message Posted: Dec 24, 2013 6:35:03 AM

What happend to the sub $3/gallon? What will gas be when the recovery is in full swing?
Profile Pic
WonderfulMI
Champion Author Michigan

Posts:13,968
Points:2,245,970
Joined:Jun 2008
Message Posted: Dec 24, 2013 6:30:20 AM

Darned recovering economy anyhow! When the economy was crashed in 2008 gas prices dropped. Republican politicians promised that they would do it again if elected. In spite of their best efforts, the economy is recovering and oil prices are rising again.
Profile Pic
gasandgoAL
Champion Author Alabama

Posts:9,361
Points:2,048,495
Joined:Sep 2008
Message Posted: Dec 24, 2013 6:03:41 AM

Scrooge is alive and well
Profile Pic
reflow
Champion Author Evansville

Posts:1,411
Points:1,018,645
Joined:May 2011
Message Posted: Dec 24, 2013 6:02:57 AM

You have to recover to pick up.
Profile Pic
tco0102
Champion Author Charleston

Posts:9,694
Points:2,209,555
Joined:May 2007
Message Posted: Dec 24, 2013 6:02:33 AM

And prices will go up.
Profile Pic
madison8359
Champion Author Cleveland

Posts:14,718
Points:2,051,155
Joined:Apr 2008
Message Posted: Dec 24, 2013 6:01:42 AM

They lied to us.
Profile Pic
Itsme
Champion Author Pennsylvania

Posts:1,377
Points:1,101,860
Joined:Mar 2003
Message Posted: Dec 24, 2013 6:00:41 AM

During an oil boom, this should not be happening. This was what happens when the market is controlled by greed.
Profile Pic
Razr62
All-Star Author Virginia

Posts:850
Points:2,280,590
Joined:Jun 2007
Message Posted: Dec 24, 2013 6:00:31 AM

excuses...excuses...excuses
Profile Pic
luckyl
All-Star Author Halifax

Posts:605
Points:296,110
Joined:Jul 2006
Message Posted: Dec 24, 2013 5:57:18 AM

Always an excuse.
Profile Pic
Petrock
Champion Author Lexington

Posts:11,307
Points:3,017,085
Joined:Apr 2005
Message Posted: Dec 24, 2013 5:56:52 AM

This isn't really news. There is ALWAYS a "good" excuse to raise gas prices when they want to.
Profile Pic
LeeFree
Champion Author Pittsburgh

Posts:11,280
Points:2,693,550
Joined:Jun 2005
Message Posted: Dec 24, 2013 5:56:36 AM

So the consumer is punished with higher gas prices when the economy starts looking better? What a crock!
Profile Pic
epf
Champion Author Grand Rapids

Posts:8,512
Points:2,348,700
Joined:May 2004
Message Posted: Dec 24, 2013 5:54:12 AM

Read more...

Gas Price Update
Profile Pic
sappie
Champion Author Massachusetts

Posts:5,498
Points:1,035,680
Joined:Jul 2010
Message Posted: Dec 24, 2013 5:54:06 AM

WHAT ELSE IS NEW.
Profile Pic
lindact
Champion Author New Haven

Posts:10,780
Points:2,145,115
Joined:May 2008
Message Posted: Dec 24, 2013 5:53:32 AM

All manipulation...
Profile Pic
f4driver
Champion Author Maine

Posts:4,611
Points:1,076,405
Joined:Aug 2007
Message Posted: Dec 24, 2013 5:52:59 AM

Wow! Big surprise there...
Profile Pic
gsipper
Champion Author Indianapolis

Posts:2,330
Points:1,050,560
Joined:Dec 2010
Message Posted: Dec 24, 2013 5:52:00 AM

Ditto what Tomok posted.
Profile Pic
HelenT
Champion Author Buffalo

Posts:5,113
Points:1,001,950
Joined:Apr 2004
Message Posted: Dec 24, 2013 5:51:47 AM

Always an excuse.
Profile Pic
raccoon2011
Champion Author Massachusetts

Posts:3,574
Points:806,840
Joined:Aug 2011
Message Posted: Dec 24, 2013 5:51:24 AM

need more refineries
Profile Pic
tomok
Champion Author Portland

Posts:42,042
Points:2,804,835
Joined:Aug 2006
Message Posted: Dec 24, 2013 5:49:49 AM

National average picks up steam as oil prices recover. The national average has seen its low for the season and is starting to move higher, Oil prices bounced higher last week, as did wholesale gasoline prices after the Fed got things going by announcing tapering its quantitive easing program, and there also seem to have been refinery problems in Great Lakes, Midwest, and California.
Excuses, Excuses! Big Oil can charge what ever they want at the pump and we will never have any other option but to pay, pay, and pay! ***The annual holiday fuel hosing at hand, bend over - here it comes - AGAIN!!!! Use what ever reason you want and put the blame where ever you want BUT, the price of fuel at the pump will never come down to reasonable levels, the 'fuel gods' have spoken.
It may be better just to stay home!
Drive vehicles with high mpg, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
Profile Pic
Lengas
Champion Author Gary

Posts:15,861
Points:3,176,100
Joined:Nov 2004
Message Posted: Dec 24, 2013 5:49:40 AM

SOP, Big Oil manipulation.
Profile Pic
smqua
Champion Author Cleveland

Posts:2,619
Points:931,745
Joined:Mar 2011
Message Posted: Dec 24, 2013 5:49:30 AM

Reducing tapering has cone to roost
Profile Pic
mohammed10
Champion Author Gainesville

Posts:3,410
Points:1,039,445
Joined:Jun 2011
Message Posted: Dec 24, 2013 5:48:15 AM

Prices way too high already
Profile Pic
WR-INC
Champion Author Twin Cities

Posts:42,580
Points:4,081,010
Joined:Dec 2002
Message Posted: Dec 24, 2013 5:47:31 AM

Rising prices are not a "recovery" for the vast majority of us.
Profile Pic
Quick68
Champion Author Columbus

Posts:11,253
Points:1,685,125
Joined:Dec 2009
Message Posted: Dec 24, 2013 5:47:02 AM

It's Christmas. This is our gift from our government.
Profile Pic
Z06KY
Champion Author Louisville

Posts:7,360
Points:1,364,915
Joined:Nov 2010
Message Posted: Dec 24, 2013 5:46:34 AM

Another excuse to raise prices again.
Profile Pic
JCUBE
Champion Author Michigan

Posts:10,851
Points:2,372,470
Joined:Aug 2003
Message Posted: Dec 24, 2013 5:45:30 AM

Great Lakes prices crept up because of slime sucking gutter trash like Greedway/Marathon....they need to be taught a lesson...BOYCOTT!!!!
Profile Pic
Mav66
All-Star Author Wyoming

Posts:535
Points:1,467,450
Joined:Aug 2008
Message Posted: Dec 24, 2013 5:44:47 AM

Here we go again.
Profile Pic
twobroke61
Champion Author Michigan

Posts:10,555
Points:2,045,185
Joined:Sep 2008
Message Posted: Dec 24, 2013 5:38:36 AM

our Christmas present from the greedy oil companies
Profile Pic
talonz
All-Star Author Greensboro

Posts:577
Points:583,805
Joined:Nov 2011
Message Posted: Dec 24, 2013 5:38:32 AM

It's the way of the world. Greed and power fuel it.
Profile Pic
rogerparry
Champion Author Florida

Posts:11,736
Points:2,374,955
Joined:Jan 2008
Message Posted: Dec 24, 2013 5:38:28 AM

Any excuse to raise prices.
Profile Pic
turbodog
Champion Author Mississippi

Posts:8,917
Points:1,817,660
Joined:Feb 2009
Message Posted: Dec 24, 2013 5:37:24 AM

Every holiday.
Profile Pic
ssanborn
Champion Author Wisconsin

Posts:6,156
Points:1,025,040
Joined:Apr 2011
Message Posted: Dec 24, 2013 5:36:32 AM

It's a holiday when we drive a lot of course the gas prices will go up
Profile Pic
bobzilla11
Champion Author Indiana

Posts:2,644
Points:921,060
Joined:May 2011
Message Posted: Dec 24, 2013 5:36:15 AM

the steam is from upset motorists
Post a reply Back to Topics