GasBuddy Blog

GasBuddy News Article

votes

No sign of gas prices dropping, look for political fallout in debates

Brainerd Dispatch -- Presidential candidates Obama and Romney square off tonight in the first debate of the campaign season. However, this debate will center around the economy. One issue that is certain to come up is the cost of driving.

After a brief respite from gas prices inches close to $4 a gallon, it seems as though the cost of driving our cars and trucks will continue to soar to new heights. Why? Well, it seems that oil refineries are experiencing lower than normal inventories. Net result: What oil is refined is selling for near or at record levels.

“Gas prices stay high,” a USA Today report stated, with the “2012 average for regular gasoline (price per gallon) is on track to be the highest on record.” In 2011 the average was $3.51 per gallon.” As of Oct. 1, 2012 the national average price is at $3.6

Read the Full Article

Submitted Oct 03, 2012 By: skb69sa

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: No sign of gas prices dropping, look for political fallout in debates	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First

Next Last

honda0105 Champion Author Tallahassee Posts:18,834 Points:1,638,195 Joined:Nov 2008	Message Posted: Oct 10, 2012 3:03:42 AM Ignore honda0105 Report Abuse if the last one is an indication, it probably won't even be mentioned.
clpassenubye Champion Author Los Angeles Posts:3,374 Points:776,930 Joined:Mar 2011	Message Posted: Oct 4, 2012 11:14:41 AM Ignore clpassenubye Report Abuse disappointing
sparky808 Champion Author Honolulu Posts:3,144 Points:625,660 Joined:Sep 2011	Message Posted: Oct 4, 2012 10:27:24 AM Ignore sparky808 Report Abuse Thank you for posting.
Wizrd03 Champion Author Illinois Posts:8,293 Points:1,660,035 Joined:Oct 2008	Message Posted: Oct 4, 2012 5:31:51 AM Ignore Wizrd03 Report Abuse Now gas prices are tied to political debate instead of supply & demand, what has this country come to?????
Alaydown Champion Author Los Angeles Posts:5,259 Points:847,815 Joined:May 2007	Message Posted: Oct 3, 2012 11:21:12 PM Ignore Alaydown Report Abuse Domestic production of oil and gas is higher in spite of Obama's policies that cut the number of leases and permits on federal land and water by half. That is because the production was done on private land.
Fitwit Champion Author Stockton Posts:6,528 Points:1,379,980 Joined:May 2009	Message Posted: Oct 3, 2012 10:01:47 PM Ignore Fitwit Report Abuse I went to Big Trees State Park to a Docent Appreciation Dinner and got home in time to avoid it. I already know who I am not voting for and no one will change my mind. Halleluyah.
Darwin00 All-Star Author Mississippi Posts:849 Points:292,985 Joined:Dec 2010	Message Posted: Oct 3, 2012 8:04:38 PM Ignore Darwin00 Report Abuse I agree.
ExplorerWA Champion Author Washington Posts:4,240 Points:824,950 Joined:Feb 2011	Message Posted: Oct 3, 2012 8:03:54 PM Ignore ExplorerWA Report Abuse Who will win this gas debate?
SandeeC Champion Author Ontario Posts:3,129 Points:477,510 Joined:Apr 2011	Message Posted: Oct 3, 2012 7:55:08 PM Ignore SandeeC Report Abuse We just finished watching this debate - nothing was said about the gas prices or pain at the pump. The only thing Romney pointed out was all the dollars the Obama government pumped into green energy and solar projects that all went belly up. Obama made no response to this. By the way, our prices here in Canada are rising. Grab your wallets guys!
flyfast Champion Author Kansas City Posts:9,391 Points:1,853,695 Joined:Jan 2008	Message Posted: Oct 3, 2012 7:54:51 PM Ignore flyfast Report Abuse time for a change
kiosk12y Champion Author Tulsa Posts:3,714 Points:704,610 Joined:Mar 2011	Message Posted: Oct 3, 2012 7:46:53 PM Ignore kiosk12y Report Abuse white house has nothing to do w/ gas prices...my neighborhood station went down...duh...
carinthuist Champion Author San Francisco Posts:2,378 Points:356,140 Joined:Mar 2012	Message Posted: Oct 3, 2012 7:46:12 PM Ignore carinthuist Report Abuse no dropping but increases
my2002m Champion Author Tulsa Posts:6,213 Points:1,697,980 Joined:Jul 2008	Message Posted: Oct 3, 2012 7:42:54 PM Ignore my2002m Report Abuse I'm sure the white house will do everything they can to keep prices high.
Pramodsharma Champion Author Richmond Posts:2,104 Points:413,140 Joined:Feb 2012	Message Posted: Oct 3, 2012 7:42:37 PM Ignore Pramodsharma Report Abuse To my favorite gas station price went down 5 Cents
WoolyBear Veteran Author San Bernardino Posts:279 Points:2,158,120 Joined:Apr 2004	Message Posted: Oct 3, 2012 7:41:22 PM Ignore WoolyBear Report Abuse Gas went up 7 cents today.
drz614 Champion Author Harrisburg Posts:2,444 Points:626,295 Joined:Aug 2011	Message Posted: Oct 3, 2012 7:41:16 PM Ignore drz614 Report Abuse how do they calculate national avg? according to gas buddy the national avg 3.79....
FuelOilOH Champion Author Cleveland Posts:2,842 Points:1,184,595 Joined:Oct 2007	Message Posted: Oct 3, 2012 7:39:56 PM Ignore FuelOilOH Report Abuse The trend is lower prices here.
MG_Sputnik Champion Author Philadelphia Posts:7,439 Points:1,987,820 Joined:Apr 2006	Message Posted: Oct 3, 2012 7:33:30 PM Ignore MG_Sputnik Report Abuse We're all DOOMED!!!
stueyAZ Sophomore Author Phoenix Posts:222 Points:25,005 Joined:Nov 2011	Message Posted: Oct 3, 2012 7:32:29 PM Ignore stueyAZ Report Abuse such is life
cupboy Champion Author Salt Lake City Posts:2,886 Points:1,147,905 Joined:Nov 2005	Message Posted: Oct 3, 2012 7:31:01 PM Ignore cupboy Report Abuse Crude oil at 87.97. Must be nice to own a refinery right about now.
iamforiu Champion Author Indiana Posts:3,715 Points:739,440 Joined:May 2011	Message Posted: Oct 3, 2012 7:24:07 PM Ignore iamforiu Report Abuse up up and away
SparkieMi Champion Author Kalamazoo Posts:3,404 Points:616,525 Joined:Sep 2011	Message Posted: Oct 3, 2012 7:21:26 PM Ignore SparkieMi Report Abuse Pump prices way to high!!!!! Time will tell!!!!
Spankster85 Champion Author Chicago Posts:1,859 Points:384,315 Joined:Nov 2011	Message Posted: Oct 3, 2012 7:20:13 PM Ignore Spankster85 Report Abuse Nice to see my area is above average...
humancry Champion Author Michigan Posts:4,620 Points:1,003,470 Joined:Nov 2006	Message Posted: Oct 3, 2012 7:20:12 PM Ignore humancry Report Abuse the lieing s.o.b's
monarch57 Champion Author British Columbia Posts:1,657 Points:138,790 Joined:Nov 2008	Message Posted: Oct 3, 2012 7:15:46 PM Ignore monarch57 Report Abuse Oil prices are down over $3.50 a barrel today, so prices must go down and the summer driving season is over. It's called GREED and SELFISHNESS.
TopGunn Champion Author Baltimore Posts:9,326 Points:2,643,980 Joined:Aug 2004	Message Posted: Oct 3, 2012 7:14:16 PM Ignore TopGunn Report Abuse Price manipulation by big oil with the cooperation of speculators.
IUVidiot Champion Author Indiana Posts:3,730 Points:737,135 Joined:Jun 2011	Message Posted: Oct 3, 2012 7:13:05 PM Ignore IUVidiot Report Abuse hmmmm
Ahking Champion Author Orange County Posts:3,599 Points:621,360 Joined:May 2011	Message Posted: Oct 3, 2012 7:13:00 PM Ignore Ahking Report Abuse they have already gone up significantly.
car15 Rookie Author Fort Worth Posts:94 Points:656,455 Joined:Oct 2010	Message Posted: Oct 3, 2012 7:09:11 PM Ignore car15 Report Abuse Ok
tspaldi Champion Author Provo Posts:6,165 Points:963,765 Joined:Sep 2010	Message Posted: Oct 3, 2012 7:08:36 PM Ignore tspaldi Report Abuse Oil inventories are high... Refineries are refining less oil for one reason...GREED! Big oil refines less oil to manipulate the price higher.
MrLuigi Champion Author Massachusetts Posts:4,913 Points:994,385 Joined:Jun 2005	Message Posted: Oct 3, 2012 7:08:14 PM Ignore MrLuigi Report Abuse crude oil fell on its face today and trimmed $4.00 off a barrel, seems to me like gas should start falling just as hard....
splitrman Champion Author Victoria Posts:1,450 Points:342,920 Joined:Jun 2012	Message Posted: Oct 3, 2012 7:06:41 PM Ignore splitrman Report Abuse over $5.00 a gallon US in British Columbia today
C.Carpets All-Star Author Oakland Posts:573 Points:2,115,185 Joined:Feb 2005	Message Posted: Oct 3, 2012 7:05:39 PM Ignore C.Carpets Report Abuse $4.45 in CA. today
pgerassi Champion Author Milwaukee Posts:11,036 Points:2,159,245 Joined:Apr 2007	Message Posted: Oct 3, 2012 7:05:39 PM Ignore pgerassi Report Abuse Gas prices here are still dropping, slowly.
DustyHorse Champion Author Virginia Posts:6,224 Points:1,417,780 Joined:Oct 2008	Message Posted: Oct 3, 2012 7:04:37 PM Ignore DustyHorse Report Abuse Price manipulation pure and simple.
Johnnyrebell12 Champion Author Massachusetts Posts:1,337 Points:1,439,680 Joined:Aug 2005	Message Posted: Oct 3, 2012 7:02:12 PM Ignore Johnnyrebell12 Report Abuse Well the average of $3.60 is better than the average of $4.00, but don't worry its coming
Beaveronparade Champion Author Hartford Posts:2,167 Points:661,190 Joined:Mar 2011	Message Posted: Oct 3, 2012 7:01:19 PM Ignore Beaveronparade Report Abuse I'd say this article is sad but true.
ericbcire Champion Author Nevada Posts:4,665 Points:1,295,410 Joined:Aug 2009	Message Posted: Oct 3, 2012 7:01:19 PM Ignore ericbcire Report Abuse Prices must drop or the economy will worsen and more gas stations will go out of business.
bridgerunner Champion Author Virginia Posts:4,927 Points:1,034,535 Joined:Jul 2009	Message Posted: Oct 3, 2012 6:59:22 PM Ignore bridgerunner Report Abuse It is about time somebody started paying attention.
Lizzylou Champion Author Stockton Posts:8,818 Points:2,357,285 Joined:Oct 2005	Message Posted: Oct 3, 2012 6:57:58 PM Ignore Lizzylou Report Abuse Some stations have jacked up their prices as much as 20 cents a gallon over night!!!
rf6480 Champion Author Miami Posts:1,584 Points:570,605 Joined:Mar 2011	Message Posted: Oct 3, 2012 6:57:54 PM Ignore rf6480 Report Abuse nice drop in oil today. Lets see if it lasts and where gas goes because of it. Lowest current price I saw today was $3.71
darkknight1 Champion Author Winston-Salem Posts:4,480 Points:923,760 Joined:Nov 2010	Message Posted: Oct 3, 2012 6:54:27 PM Ignore darkknight1 Report Abuse No sign of gas prices dropping = No sign of the economy recovering.
Double_Golden Champion Author San Francisco Posts:2,700 Points:633,085 Joined:Aug 2011	Message Posted: Oct 3, 2012 6:54:26 PM Ignore Double_Golden Report Abuse I didn't see any price dropping, instead I see gas price raising...
barbs24 Champion Author Virginia Beach Posts:3,282 Points:2,068,455 Joined:Feb 2006	Message Posted: Oct 3, 2012 6:52:01 PM Ignore barbs24 Report Abuse Neither have real power over the price
DEG Champion Author Las Vegas Posts:17,745 Points:3,519,480 Joined:Jul 2003	Message Posted: Oct 3, 2012 6:49:41 PM Ignore DEG Report Abuse Gas prices have jumped by a dime at one of the popular chains here in the Las Vegas area.
BlueBell Champion Author Toledo Posts:15,149 Points:2,894,925 Joined:Apr 2005	Message Posted: Oct 3, 2012 6:48:15 PM Ignore BlueBell Report Abuse Still waiting.
unicornIL Veteran Author Chicago Posts:451 Points:394,320 Joined:Jan 2012	Message Posted: Oct 3, 2012 6:44:22 PM Ignore unicornIL Report Abuse welcome to corporate greed
Quick68 Champion Author Columbus Posts:8,448 Points:1,253,500 Joined:Dec 2009	Message Posted: Oct 3, 2012 6:42:57 PM Ignore Quick68 Report Abuse Presidential candidates Obama and Romney debates are just a front. Don't believe either one.
5Golfer8 Champion Author Tucson Posts:2,263 Points:326,925 Joined:Jun 2011	Message Posted: Oct 3, 2012 6:42:06 PM Ignore 5Golfer8 Report Abuse Its simple Obama and the Democrats want high prices and high taxes to keep people dependant on government and create a entitlement welfare state. It did not work with the Soviet Union and will not work here. [Edited by: 5Golfer8 at 10/3/2012 9:44:26 PM EST]
mlmeng Champion Author Michigan Posts:1,775 Points:618,760 Joined:Mar 2011	Message Posted: Oct 3, 2012 6:39:25 PM Ignore mlmeng Report Abuse Sell less gas for more money. Seems like the government would step in the provide mandates like they do for gas mileage in cars.