Not Logged In Log In   Sign Up   Points Leaders
Follow Us    2:30 AM

GasBuddy News Article

54
votes
It's early to say, but gas prices might fall

One News -- Recently on January 11, The Associated Press reported that drivers' annual gas bills are expected to drop for the first time in four years, due to what forecasters are calling ample oil supplies and weak U.S. demand. Meanwhile, the Energy Department has stated that the average price for a gallon of gas will fall five percent.
Dan Kish, senior vice president of policy at the Institute for Energy Research, isn't so sure.

Still, Kish says the probability of cheaper prices is not out of the question.

"We are increasing oil production in this country faster than at any time in the history of this country because of the private sector. Those additional supplies here at home put downward pressure on gas prices," he says. "Provided that government can't figure out a way to mix it up and Congress


Read the Full Article

Submitted Jan 22, 2013 By: bar1035
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: It's early to say, but gas prices might fall Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
honda0105
Champion Author Tallahassee

Posts:22,248
Points:2,070,415
Joined:Nov 2008
Message Posted: Jan 25, 2013 5:50:23 AM

equal chance of below, above or near current levels?
Profile Pic
PathfinderSC
Champion Author South Carolina

Posts:11,727
Points:2,284,335
Joined:Mar 2008
Message Posted: Jan 24, 2013 6:07:27 PM

One can only hope for lower gas prices .
Profile Pic
tomok
Champion Author Portland

Posts:42,073
Points:2,806,060
Joined:Aug 2006
Message Posted: Jan 24, 2013 5:12:40 PM

One article says fuel prices will rise and this one says fuel prices may go down? Don't really know what fuel prices will do until it happens. And it might change again when it changes then!
Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! The price at the pump needs to go down to $2/gallon - *$3, *$3.50/gallon or *$4.00 is Not the new low!
More Refineries are Not the answer, the answer is Stop Exporting Fuel! Take care of the domestic fuel market first!
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ 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!
XII/XXII/MMXII! - The Day After......
Profile Pic
honda0105
Champion Author Tallahassee

Posts:22,248
Points:2,070,415
Joined:Nov 2008
Message Posted: Jan 24, 2013 5:56:33 AM

lots of crystal ball navel gazing... and lots of water going down the ol' Mississippi...
Profile Pic
studebaker1940
Champion Author Tampa

Posts:4,660
Points:1,137,790
Joined:Mar 2011
Message Posted: Jan 23, 2013 9:01:17 AM

Get ready for $10 a gallon
Profile Pic
blupupher
Champion Author Houston

Posts:5,758
Points:1,205,460
Joined:Feb 2011
Message Posted: Jan 23, 2013 8:49:19 AM

and they might rise, and they might stay the same. No way to predict for sure.
Profile Pic
millerin
Champion Author Orlando

Posts:3,985
Points:881,195
Joined:Jan 2012
Message Posted: Jan 23, 2013 4:45:59 AM

a lot of saying but prices are still high
Profile Pic
jetskijerry
Champion Author North Carolina

Posts:6,024
Points:1,227,060
Joined:Mar 2011
Message Posted: Jan 23, 2013 1:08:58 AM

They'll keep prices as high as they can!
Profile Pic
jetskijerry
Champion Author North Carolina

Posts:6,024
Points:1,227,060
Joined:Mar 2011
Message Posted: Jan 23, 2013 1:08:40 AM

What crap...
Profile Pic
bikechuck
Champion Author Indianapolis

Posts:9,210
Points:2,523,445
Joined:Apr 2006
Message Posted: Jan 23, 2013 1:04:42 AM

We will be waiting.
Profile Pic
Doomsday64
All-Star Author Austin

Posts:905
Points:370,750
Joined:Apr 2011
Message Posted: Jan 23, 2013 12:51:28 AM

good
Profile Pic
ricebike
Champion Author New Jersey

Posts:11,973
Points:2,249,420
Joined:Oct 2005
Message Posted: Jan 23, 2013 12:48:04 AM

up and down, up and down!
Profile Pic
BarryAClarke
Veteran Author Indiana

Posts:446
Points:69,545
Joined:Oct 2007
Message Posted: Jan 23, 2013 12:47:52 AM

Hmmm, I just noticed the day after President Obama is officially in office for his second term, gas prices have started to go up.............
Profile Pic
g747
Champion Author Mobile

Posts:6,617
Points:1,371,385
Joined:Jul 2009
Message Posted: Jan 23, 2013 12:47:27 AM

We'll wait & see;show me!!!!!!!!!!!!.
Profile Pic
10k
Champion Author North Carolina

Posts:24,242
Points:2,714,600
Joined:May 2006
Message Posted: Jan 23, 2013 12:46:40 AM

i agree-a stupid article..but in the event prices do drop by 5%, what the heck is 5% on gas that cost $4/gallon ??..
Profile Pic
ican2step
Champion Author Pittsburgh

Posts:3,751
Points:876,975
Joined:Feb 2012
Message Posted: Jan 23, 2013 12:44:17 AM

Good.
Profile Pic
kgbellman
Champion Author Ann Arbor

Posts:4,888
Points:1,192,480
Joined:Mar 2011
Message Posted: Jan 23, 2013 12:42:02 AM

Not sure I expect it, but one can hope
Profile Pic
RogerB2
Rookie Author Indianapolis

Posts:83
Points:18,785
Joined:Jan 2013
Message Posted: Jan 23, 2013 12:41:11 AM


OK





Profile Pic
Tigercat88
Champion Author North Carolina

Posts:5,385
Points:1,078,640
Joined:Jul 2011
Message Posted: Jan 23, 2013 12:40:47 AM

Just wait prices will rise.
Profile Pic
CiVX
Champion Author Oakland

Posts:8,992
Points:1,796,130
Joined:Feb 2009
Message Posted: Jan 23, 2013 12:39:56 AM

what?
Profile Pic
RichWLIN
Champion Author Indiana

Posts:6,952
Points:1,100,255
Joined:Jun 2011
Message Posted: Jan 23, 2013 12:38:34 AM

Rerun speculation.
Profile Pic
Goat2008
Champion Author Ontario

Posts:2,074
Points:1,082,570
Joined:Aug 2008
Message Posted: Jan 23, 2013 12:36:21 AM

Got to check my crystal ball.
Profile Pic
bvrbill
Champion Author Eugene

Posts:6,589
Points:978,725
Joined:Jul 2011
Message Posted: Jan 23, 2013 12:35:39 AM

...and they may rise.Stupid article.
Profile Pic
southrob
Champion Author Tucson

Posts:5,708
Points:1,124,350
Joined:Mar 2011
Message Posted: Jan 23, 2013 12:33:45 AM

dhan
Profile Pic
sjhman
Veteran Author Atlanta

Posts:429
Points:635,075
Joined:Sep 2008
Message Posted: Jan 23, 2013 12:31:07 AM

That's what's up!
Profile Pic
Zonk
Champion Author Michigan

Posts:8,629
Points:2,555,475
Joined:Oct 2005
Message Posted: Jan 23, 2013 12:30:57 AM

or they may rise. Ask folks in Battle Creek.
Profile Pic
unicornpmb
Champion Author Buffalo

Posts:10,674
Points:2,090,145
Joined:Sep 2005
Message Posted: Jan 23, 2013 12:28:35 AM

It's easy to say, but will it happen?
Profile Pic
59glide
Champion Author New Haven

Posts:1,081
Points:1,421,875
Joined:Apr 2006
Message Posted: Jan 23, 2013 12:28:04 AM

FALL BABY FALL
Profile Pic
TXRanger09
Champion Author Dallas

Posts:3,617
Points:1,193,670
Joined:May 2009
Message Posted: Jan 23, 2013 12:26:23 AM

I'm sticking to 10 gallons a week which is my weekly average. We're done buying $20 or $30 worth. We buy gallons. Currently $30.60 a week.
Profile Pic
sehonda
Champion Author Honolulu

Posts:2,913
Points:1,110,710
Joined:May 2009
Message Posted: Jan 23, 2013 12:26:08 AM

prices may rise
Profile Pic
Jmac2008
Champion Author Missouri

Posts:4,214
Points:1,317,695
Joined:Dec 2008
Message Posted: Jan 23, 2013 12:24:20 AM

every time they say they might fall they see to rise even more.
Profile Pic
pa79th
Champion Author Pennsylvania

Posts:3,953
Points:1,661,950
Joined:Jun 2007
Message Posted: Jan 23, 2013 12:23:47 AM

yeah...sure...
Profile Pic
BobD2009
Champion Author Long Island

Posts:9,126
Points:1,684,660
Joined:Apr 2009
Message Posted: Jan 23, 2013 12:23:08 AM

I'd be surprised.
Profile Pic
Bigwaynef
Champion Author South Carolina

Posts:14,303
Points:2,540,970
Joined:Dec 2006
Message Posted: Jan 23, 2013 12:22:57 AM

It depends on which way the winds blowing...
Profile Pic
regout
Champion Author Quebec

Posts:5,100
Points:1,287,630
Joined:May 2010
Message Posted: Jan 23, 2013 12:22:07 AM

If speculators want but if they need money for Easter gifts....
Profile Pic
tedjm1
Champion Author New York

Posts:5,609
Points:801,050
Joined:Dec 2006
Message Posted: Jan 23, 2013 12:21:57 AM

Maybe
Profile Pic
MN1
Champion Author Twin Cities

Posts:5,480
Points:1,097,930
Joined:Jun 2011
Message Posted: Jan 23, 2013 12:21:14 AM

Got a bridge for sale in NY.
Profile Pic
crmedic
Champion Author Arkansas

Posts:5,397
Points:572,320
Joined:Jul 2011
Message Posted: Jan 23, 2013 12:20:28 AM

Still waiting! A local Valero station just raised it's prices 10 cents a gallon.
Profile Pic
rwsb30
All-Star Author Dayton

Posts:623
Points:122,185
Joined:Jul 2008
Message Posted: Jan 23, 2013 12:20:27 AM

Big whoop !
Profile Pic
Matt G
Champion Author Boston

Posts:6,715
Points:3,232,950
Joined:Jun 2004
Message Posted: Jan 23, 2013 12:19:32 AM

Believe that and I'll tell you another one
Profile Pic
52MPG
Champion Author Dayton

Posts:9,442
Points:2,202,100
Joined:Apr 2006
Message Posted: Jan 23, 2013 12:19:29 AM

If it comes true it will be good for the US economy.
Profile Pic
bby
Champion Author Twin Cities

Posts:7,689
Points:1,470,785
Joined:Nov 2009
Message Posted: Jan 23, 2013 12:18:48 AM

Ok
Profile Pic
streetcars
Champion Author Toledo

Posts:14,473
Points:3,066,025
Joined:Apr 2005
Message Posted: Jan 23, 2013 12:18:42 AM

I wish, and give me a winning lotto ticket.
Profile Pic
cheaper0ON
Champion Author Ontario

Posts:3,138
Points:857,105
Joined:Jan 2012
Message Posted: Jan 23, 2013 12:18:23 AM

Hopefully!!!
Profile Pic
VetteFan
Champion Author Indiana

Posts:11,317
Points:2,364,105
Joined:Aug 2005
Message Posted: Jan 23, 2013 12:17:47 AM

Old news.
Profile Pic
5Golfer8
Champion Author Tucson

Posts:4,247
Points:751,015
Joined:Jun 2011
Message Posted: Jan 23, 2013 12:15:03 AM

Drop baby drop.
Profile Pic
crreed1
Champion Author West Virginia

Posts:4,021
Points:2,961,145
Joined:May 2005
Message Posted: Jan 23, 2013 12:15:01 AM

went up 10cents today here
Profile Pic
gasmack
Champion Author Ventura

Posts:3,276
Points:1,078,080
Joined:Feb 2011
Message Posted: Jan 23, 2013 12:14:12 AM

Hope so. Well see.
Profile Pic
GAS1251
Champion Author Texas

Posts:7,339
Points:2,087,675
Joined:Jun 2008
Message Posted: Jan 23, 2013 12:13:55 AM

Right now they seem to be rising
Profile Pic
GasholeMI
Champion Author Lansing

Posts:12,167
Points:2,126,745
Joined:Jul 2008
Message Posted: Jan 23, 2013 12:13:21 AM

Doubtful.
Post a reply Back to Topics