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Signs of Gas Price Drop Seen

Bloomberg News -- Average prices at the pump have hovered at $3.92 a gallon this month, after an almost uninterrupted rise since mid- January. Some analysts now believe they’ll start to recede, as oil fell to a seven-week trading low on projections of slower demand and easing tensions over Iran’s nuclear ambitions.

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Submitted Apr 10, 2012 By: Penny_Pincher

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molebaby96 Champion Author Tallahassee Posts:2,126 Points:505,390 Joined:Nov 2011	Message Posted: Apr 11, 2012 11:49:27 AM Ignore molebaby96 Report Abuse In Tallahasse, Fl. there is a gas station with $3.69 gal. gas and its against the law here to sell gas for less than you pay for it, does that mean all stations can sell for that price?
WalRus49 Champion Author Boston Posts:4,075 Points:868,865 Joined:Nov 2010	Message Posted: Apr 10, 2012 11:22:13 PM Ignore WalRus49 Report Abuse More organized mayhem and pillage............
alterman156 Champion Author New York Posts:7,489 Points:1,557,730 Joined:Dec 2008	Message Posted: Apr 10, 2012 10:49:07 PM Ignore alterman156 Report Abuse I saw two stations drop their price today.
bl626 All-Star Author Toledo Posts:824 Points:242,355 Joined:Feb 2011	Message Posted: Apr 10, 2012 9:52:21 PM Ignore bl626 Report Abuse yeap a slight relieve at the station here in Toledo as well, where you can fill up at $3.52, but I'm still amazed when I see people also filling up at the $3.89 stations
mpg611 Champion Author Cleveland Posts:2,339 Points:570,070 Joined:Apr 2011	Message Posted: Apr 10, 2012 9:35:31 PM Ignore mpg611 Report Abuse Gas prices have gone down a lot here in the Cleveland, Ohio suburbs. $3.60/gal for regular unleaded. Still too high but much better than $4.00/gal. Hoping theyll go down more after Ayatollah Santorum dropped out of the Presidential race.
heydano67 Champion Author California Posts:1,671 Points:358,510 Joined:Feb 2012	Message Posted: Apr 10, 2012 8:07:46 PM Ignore heydano67 Report Abuse $.08 drop between 7am and 2 pm today where I get diesel.
amerk73 Champion Author Dallas Posts:7,050 Points:1,621,080 Joined:Oct 2008	Message Posted: Apr 10, 2012 7:30:41 PM Ignore amerk73 Report Abuse here $3.75
drpepperTX Champion Author Texas Posts:8,945 Points:752,210 Joined:Apr 2011	Message Posted: Apr 10, 2012 6:52:43 PM Ignore drpepperTX Report Abuse GASOLINE RBOB FUT (USD/GAL.) 323.58 -1.37 (-0.43%) 21:30
esq262 Champion Author Asheville Posts:2,902 Points:648,490 Joined:Jul 2011	Message Posted: Apr 10, 2012 6:21:24 PM Ignore esq262 Report Abuse Not here.
rbrk02 Champion Author Rhode Island Posts:5,742 Points:817,230 Joined:Jan 2011	Message Posted: Apr 10, 2012 5:25:46 PM Ignore rbrk02 Report Abuse Not seeing any drop in my area. At least not yet.
DanMtz Champion Author Oakland Posts:3,355 Points:1,243,325 Joined:Oct 2009	Message Posted: Apr 10, 2012 5:03:49 PM Ignore DanMtz Report Abuse It's been happening around here for the last week or so.
PathfinderSC Champion Author South Carolina Posts:9,521 Points:1,831,615 Joined:Mar 2008	Message Posted: Apr 10, 2012 4:24:48 PM Ignore PathfinderSC Report Abuse Gee I hope this is not wishful thinking.
hubie24 Veteran Author Michigan Posts:315 Points:204,080 Joined:Jul 2010	Message Posted: Apr 10, 2012 12:20:59 PM Ignore hubie24 Report Abuse Some stations refuse to drop.
PDQBlues Champion Author San Diego Posts:7,074 Points:1,448,325 Joined:Jan 2009	Message Posted: Apr 10, 2012 12:17:41 PM Ignore PDQBlues Report Abuse Yes, I've noticed the gas prices from some stations coming down.
clpassenubye Champion Author Los Angeles Posts:3,359 Points:754,355 Joined:Mar 2011	Message Posted: Apr 10, 2012 12:09:53 PM Ignore clpassenubye Report Abuse Very little
sjf238 Champion Author Philadelphia Posts:1,215 Points:647,955 Joined:Mar 2011	Message Posted: Apr 10, 2012 11:56:13 AM Ignore sjf238 Report Abuse No change here in PA.
djwhit Champion Author Ohio Posts:3,012 Points:1,208,455 Joined:Jul 2009	Message Posted: Apr 10, 2012 11:30:37 AM Ignore djwhit Report Abuse THATS GREAT DOWN DOWN........
PimpinFoDaGaz Sophomore Author Massachusetts Posts:235 Points:40,725 Joined:Feb 2012	Message Posted: Apr 10, 2012 10:58:05 AM Ignore PimpinFoDaGaz Report Abuse En route on Easter Sunday a station sold Reg at $4.03 around 1:30pm. On my way home early evening, the price was $3.99. Gougers!
Cashless Champion Author Akron Posts:3,520 Points:735,055 Joined:Apr 2011	Message Posted: Apr 10, 2012 10:50:13 AM Ignore Cashless Report Abuse We need more than a sign of gas prices dropping to give us hope for lower prices at the pump.
gizbo123 Champion Author Los Angeles Posts:1,514 Points:1,751,985 Joined:Dec 2005	Message Posted: Apr 10, 2012 10:45:28 AM Ignore gizbo123 Report Abuse After I filled up lol.
tnfran Champion Author Arizona Posts:4,383 Points:843,165 Joined:Dec 2010	Message Posted: Apr 10, 2012 10:41:49 AM Ignore tnfran Report Abuse Not here yet!!!
Jeff4U Champion Author Atlanta Posts:8,761 Points:1,853,345 Joined:Nov 2004	Message Posted: Apr 10, 2012 10:36:32 AM Ignore Jeff4U Report Abuse It's about time!
fedupMN Champion Author Twin Cities Posts:2,954 Points:573,455 Joined:Mar 2011	Message Posted: Apr 10, 2012 10:35:23 AM Ignore fedupMN Report Abuse oh goody!!!!
culverhouse97 Rookie Author Dallas Posts:10 Points:52,950 Joined:Mar 2012	Message Posted: Apr 10, 2012 10:30:36 AM Ignore culverhouse97 Report Abuse perfect, just in time for my vacation!
qwerty17 Champion Author New Jersey Posts:3,655 Points:1,117,900 Joined:Oct 2009	Message Posted: Apr 10, 2012 10:29:31 AM Ignore qwerty17 Report Abuse come on down!
ibhenry Champion Author San Diego Posts:1,536 Points:457,195 Joined:Jun 2011	Message Posted: Apr 10, 2012 10:25:25 AM Ignore ibhenry Report Abuse Needs to drop faster...
Ouch06 Champion Author Michigan Posts:1,613 Points:1,431,505 Joined:Apr 2006	Message Posted: Apr 10, 2012 10:25:04 AM Ignore Ouch06 Report Abuse Good. Prices have been coming down some here in MI.
kag2010 Champion Author Winnipeg Posts:5,259 Points:1,020,735 Joined:Apr 2010	Message Posted: Apr 10, 2012 10:10:30 AM Ignore kag2010 Report Abuse It's been dropping steadily here for 2 weeks.
dh0770 Champion Author Colorado Posts:6,987 Points:672,460 Joined:Jun 2011	Message Posted: Apr 10, 2012 10:10:14 AM Ignore dh0770 Report Abuse Speculator speak - believe, start to, projections, easing.... blah, blah, blah!
Yooperheart Champion Author Michigan Posts:3,416 Points:527,025 Joined:Feb 2010	Message Posted: Apr 10, 2012 10:09:11 AM Ignore Yooperheart Report Abuse Yep, those signs are small. Hard to see around here.
uglytom Champion Author Florida Posts:7,464 Points:1,542,015 Joined:Jul 2007	Message Posted: Apr 10, 2012 10:08:41 AM Ignore uglytom Report Abuse GOOD!
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Apr 10, 2012 10:07:47 AM Ignore VomVom Report Abuse Gas price definitely did not come down here in Calgary.
ned23 Champion Author Columbus Posts:3,116 Points:292,040 Joined:Dec 2003	Message Posted: Apr 10, 2012 10:03:00 AM Ignore ned23 Report Abuse @DrGas: Gas prices usually drop slowly because the refineries lock in their delivery prices 30 days in advance.
ned23 Champion Author Columbus Posts:3,116 Points:292,040 Joined:Dec 2003	Message Posted: Apr 10, 2012 10:01:54 AM Ignore ned23 Report Abuse It's been dropping steadily here for 2 weeks. It bumped up to $3.89 briefly over the Easter weekend but is back down to $3.61 again already.
Dr Gas Champion Author Twin Cities Posts:3,268 Points:358,365 Joined:May 2004	Message Posted: Apr 10, 2012 9:59:05 AM Ignore Dr Gas Report Abuse No they won't! It's now time for everyone to take profits as they keep gas prices where they are. The price might go down, but VERY slooooowly!
peakkeller Champion Author Colorado Springs Posts:1,691 Points:777,350 Joined:Dec 2009	Message Posted: Apr 10, 2012 9:56:41 AM Ignore peakkeller Report Abuse national average dropped a penny last week - hope it continues.
humblepie Champion Author Toledo Posts:34,231 Points:2,372,120 Joined:Mar 2006	Message Posted: Apr 10, 2012 9:51:47 AM Ignore humblepie Report Abuse obamanomics failing at last ?
wildddkattt80 Champion Author Phoenix Posts:2,143 Points:432,145 Joined:Jun 2011	Message Posted: Apr 10, 2012 9:50:08 AM Ignore wildddkattt80 Report Abuse I know the speculators will do their best to prevent this.
drpepperTX Champion Author Texas Posts:8,945 Points:752,210 Joined:Apr 2011	Message Posted: Apr 10, 2012 9:45:42 AM Ignore drpepperTX Report Abuse The best 'sign' to look at is gasoline futures. Today Nymex RBOB Gasoline Future 325.06 (¢/gal) -4.61 -1.40% 12:20 It had been up and over 350 last week it was in the 340 range.
Point__man Champion Author Raleigh Posts:4,335 Points:877,695 Joined:Oct 2010	Message Posted: Apr 10, 2012 9:44:22 AM Ignore Point__man Report Abuse Failing Iran talks or the North Korea space shot could change this quickly ;)
BuckyTJones Champion Author Salt Lake City Posts:4,932 Points:967,950 Joined:Mar 2010	Message Posted: Apr 10, 2012 9:36:54 AM Ignore BuckyTJones Report Abuse This almost feels like spotting "Big Foot" :) Did you see that? hehehehehe
leemun Champion Author Utah Posts:5,533 Points:1,040,125 Joined:May 2010	Message Posted: Apr 10, 2012 9:35:09 AM Ignore leemun Report Abuse Where are these signs?
JamesCalvin Champion Author Lancaster Posts:3,186 Points:519,555 Joined:Nov 2011	Message Posted: Apr 10, 2012 9:28:12 AM Ignore JamesCalvin Report Abuse Article title should read, "Placards" not "Signs!"
Penny_Pincher Veteran Author Columbus Posts:435 Points:22,695 Joined:Aug 2005	Message Posted: Apr 10, 2012 9:24:38 AM Ignore Penny_Pincher Report Abuse Huzzah!