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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...

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PAA64
All-Star Author Cincinnati

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Message Posted: Feb 24, 2014 12:46:34 AM

interesting
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scooby258_2000
Veteran Author Indiana

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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...
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gasmask78
Champion Author Virginia

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Message Posted: Feb 21, 2014 2:35:58 AM

jo
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gasmask78
Champion Author Virginia

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Message Posted: Feb 21, 2014 2:35:45 AM

joke
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gasmask78
Champion Author Virginia

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Message Posted: Jan 10, 2014 8:20:01 AM

Averages can't steam
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gasmask78
Champion Author Virginia

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Message Posted: Jan 10, 2014 8:19:15 AM

Boooooo
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gasmask78
Champion Author Virginia

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Message Posted: Jan 10, 2014 8:18:41 AM

Yay
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honda0105
Champion Author Tallahassee

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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.
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honda0105
Champion Author Tallahassee

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Message Posted: Dec 29, 2013 8:22:58 AM

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

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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.
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honda0105
Champion Author Tallahassee

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Message Posted: Dec 28, 2013 6:53:28 AM

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

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Message Posted: Dec 25, 2013 9:58:24 PM

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

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Message Posted: Dec 25, 2013 5:56:39 PM

             
Very interesting . . .
             
             
               
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heydano67
Champion Author California

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Message Posted: Dec 25, 2013 2:53:21 AM

say it ain't so
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stopforgas
Champion Author Mississippi

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Message Posted: Dec 24, 2013 4:42:07 PM

Oh well...
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DanMtz
Champion Author Oakland

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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.
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gougenator
Champion Author Dallas

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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!
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pitamon
Champion Author Philadelphia

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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?
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WonderfulMI
Champion Author Michigan

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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.
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gasandgoAL
Champion Author Alabama

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Message Posted: Dec 24, 2013 6:03:41 AM

Scrooge is alive and well
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reflow
All-Star Author Evansville

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Message Posted: Dec 24, 2013 6:02:57 AM

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

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Message Posted: Dec 24, 2013 6:02:33 AM

And prices will go up.
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madison8359
Champion Author Cleveland

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Message Posted: Dec 24, 2013 6:01:42 AM

They lied to us.
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Itsme
Champion Author Pennsylvania

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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.
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Razr62
All-Star Author Virginia

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Message Posted: Dec 24, 2013 6:00:31 AM

excuses...excuses...excuses
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luckyl
Veteran Author Halifax

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Message Posted: Dec 24, 2013 5:57:18 AM

Always an excuse.
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Petrock
Champion Author Lexington

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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.
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LeeFree
Champion Author Pittsburgh

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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!
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epf
Champion Author Grand Rapids

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Message Posted: Dec 24, 2013 5:54:12 AM

Read more...

Gas Price Update
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sappie
Champion Author Massachusetts

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Message Posted: Dec 24, 2013 5:54:06 AM

WHAT ELSE IS NEW.
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lindact
Champion Author New Haven

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Message Posted: Dec 24, 2013 5:53:32 AM

All manipulation...
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f4driver
Champion Author Maine

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Message Posted: Dec 24, 2013 5:52:59 AM

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

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Message Posted: Dec 24, 2013 5:52:00 AM

Ditto what Tomok posted.
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HelenT
Champion Author Buffalo

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Message Posted: Dec 24, 2013 5:51:47 AM

Always an excuse.
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raccoon2011
Champion Author Massachusetts

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Message Posted: Dec 24, 2013 5:51:24 AM

need more refineries
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tomok
Champion Author Portland

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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!
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Lengas
Champion Author Gary

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Message Posted: Dec 24, 2013 5:49:40 AM

SOP, Big Oil manipulation.
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smqua
Champion Author Cleveland

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Message Posted: Dec 24, 2013 5:49:30 AM

Reducing tapering has cone to roost
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mohammed10
Champion Author Seattle

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Message Posted: Dec 24, 2013 5:48:15 AM

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

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Message Posted: Dec 24, 2013 5:47:31 AM

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

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Message Posted: Dec 24, 2013 5:47:02 AM

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

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Message Posted: Dec 24, 2013 5:46:34 AM

Another excuse to raise prices again.
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JCUBE
Champion Author Michigan

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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!!!!
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Mav66
Veteran Author Wyoming

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Message Posted: Dec 24, 2013 5:44:47 AM

Here we go again.
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twobroke61
Champion Author Michigan

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Message Posted: Dec 24, 2013 5:38:36 AM

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

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Message Posted: Dec 24, 2013 5:38:32 AM

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

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Message Posted: Dec 24, 2013 5:38:28 AM

Any excuse to raise prices.
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turbodog
Champion Author Mississippi

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Message Posted: Dec 24, 2013 5:37:24 AM

Every holiday.
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ssanborn
Champion Author Wisconsin

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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
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bobzilla11
Champion Author Indiana

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Message Posted: Dec 24, 2013 5:36:15 AM

the steam is from upset motorists
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