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GasBuddy News Article

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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
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Signs of Gas Price Drop Seen Back to Topics
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molebaby96
Champion Author Tallahassee

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Message Posted: Apr 11, 2012 11:49:27 AM

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?
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WalRus49
Champion Author Boston

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Message Posted: Apr 10, 2012 11:22:13 PM

More organized mayhem and pillage............
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alterman156
Champion Author New York

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Message Posted: Apr 10, 2012 10:49:07 PM

I saw two stations drop their price today.
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bl626
All-Star Author Toledo

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Message Posted: Apr 10, 2012 9:52:21 PM

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
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mpg611
Champion Author Cleveland

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Message Posted: Apr 10, 2012 9:35:31 PM

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.
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heydano67
Champion Author California

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Message Posted: Apr 10, 2012 8:07:46 PM

$.08 drop between 7am and 2 pm today where I get diesel.
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amerk73
Champion Author Dallas

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Message Posted: Apr 10, 2012 7:30:41 PM

here $3.75
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drpepperTX
Champion Author Texas

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Message Posted: Apr 10, 2012 6:52:43 PM

GASOLINE RBOB FUT (USD/GAL.) 323.58 -1.37
(-0.43%) 21:30
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esq262
Champion Author Asheville

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Message Posted: Apr 10, 2012 6:21:24 PM

Not here.
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rbrk02
Champion Author Rhode Island

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Message Posted: Apr 10, 2012 5:25:46 PM

Not seeing any drop in my area. At least not yet.
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DanMtz
Champion Author Oakland

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Message Posted: Apr 10, 2012 5:03:49 PM

It's been happening around here for the last week or so.
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PathfinderSC
Champion Author South Carolina

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Message Posted: Apr 10, 2012 4:24:48 PM

Gee I hope this is not wishful thinking.
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hubie24
Veteran Author Michigan

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Message Posted: Apr 10, 2012 12:20:59 PM

Some stations refuse to drop.
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PDQBlues
Champion Author San Diego

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Message Posted: Apr 10, 2012 12:17:41 PM

Yes, I've noticed the gas prices from some stations coming down.
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clpassenubye
Champion Author Los Angeles

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Message Posted: Apr 10, 2012 12:09:53 PM

Very little
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sjf238
Champion Author Philadelphia

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Message Posted: Apr 10, 2012 11:56:13 AM

No change here in PA.
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djwhit
Champion Author Ohio

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Message Posted: Apr 10, 2012 11:30:37 AM

THATS GREAT DOWN DOWN........
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PimpinFoDaGaz
Sophomore Author Massachusetts

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Message Posted: Apr 10, 2012 10:58:05 AM

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!
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Cashless
Champion Author Akron

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Message Posted: Apr 10, 2012 10:50:13 AM

We need more than a sign of gas prices dropping to give us hope for lower prices at the pump.
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gizbo123
Champion Author Los Angeles

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Message Posted: Apr 10, 2012 10:45:28 AM

After I filled up lol.
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tnfran
Champion Author Arizona

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Message Posted: Apr 10, 2012 10:41:49 AM

Not here yet!!!
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Jeff4U
Champion Author Atlanta

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Message Posted: Apr 10, 2012 10:36:32 AM

It's about time!
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fedupMN
Champion Author Twin Cities

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Message Posted: Apr 10, 2012 10:35:23 AM

oh goody!!!!
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culverhouse97
Rookie Author Dallas

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Message Posted: Apr 10, 2012 10:30:36 AM

perfect, just in time for my vacation!
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qwerty17
Champion Author New Jersey

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Message Posted: Apr 10, 2012 10:29:31 AM

come on down!
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ibhenry
Champion Author San Diego

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Message Posted: Apr 10, 2012 10:25:25 AM

Needs to drop faster...
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Ouch06
Champion Author Michigan

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Message Posted: Apr 10, 2012 10:25:04 AM

Good. Prices have been coming down some here in MI.
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kag2010
Champion Author Winnipeg

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Message Posted: Apr 10, 2012 10:10:30 AM

It's been dropping steadily here for 2 weeks.
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dh0770
Champion Author Colorado

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Message Posted: Apr 10, 2012 10:10:14 AM

Speculator speak - believe, start to, projections, easing.... blah, blah, blah!
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Yooperheart
Champion Author Michigan

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Message Posted: Apr 10, 2012 10:09:11 AM

Yep, those signs are small. Hard to see around here.
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uglytom
Champion Author Florida

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Message Posted: Apr 10, 2012 10:08:41 AM

GOOD!
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VomVom
Champion Author Calgary

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Message Posted: Apr 10, 2012 10:07:47 AM

Gas price definitely did not come down here in Calgary.
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ned23
Champion Author Columbus

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Message Posted: Apr 10, 2012 10:03:00 AM

@DrGas: Gas prices usually drop slowly because the refineries lock in their delivery prices 30 days in advance.
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ned23
Champion Author Columbus

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Message Posted: Apr 10, 2012 10:01:54 AM

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.
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Dr Gas
Champion Author Twin Cities

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Points:411,025
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Message Posted: Apr 10, 2012 9:59:05 AM

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!
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peakkeller
Champion Author Colorado Springs

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Message Posted: Apr 10, 2012 9:56:41 AM

national average dropped a penny last week - hope it continues.
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humblepie
Champion Author Toledo

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Message Posted: Apr 10, 2012 9:51:47 AM

obamanomics failing at last ?
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wildddkattt80
Champion Author Phoenix

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Message Posted: Apr 10, 2012 9:50:08 AM

I know the speculators will do their best to prevent this.
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drpepperTX
Champion Author Texas

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Joined:Apr 2011
Message Posted: Apr 10, 2012 9:45:42 AM

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.
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Point__man
Champion Author Raleigh

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Message Posted: Apr 10, 2012 9:44:22 AM

Failing Iran talks or the North Korea space shot could change this quickly ;)
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BuckyTJones
Champion Author Salt Lake City

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Message Posted: Apr 10, 2012 9:36:54 AM

This almost feels like spotting "Big Foot" :)

Did you see that? hehehehehe
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leemun
Champion Author Utah

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Message Posted: Apr 10, 2012 9:35:09 AM

Where are these signs?
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JamesCalvin
Champion Author Lancaster

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Message Posted: Apr 10, 2012 9:28:12 AM

Article title should read, "Placards" not "Signs!"
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Penny_Pincher
Veteran Author Columbus

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Joined:Aug 2005
Message Posted: Apr 10, 2012 9:24:38 AM

Huzzah!
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