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GasBuddy News Article

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votes
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
REPLIES (newest first) Post a Reply
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?
WalRus49
Champion Author Boston

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

More organized mayhem and pillage............
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.
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
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.
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.
amerk73
Champion Author Dallas

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

here $3.75
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
esq262
Champion Author Asheville

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

Not here.
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.
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.
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.
hubie24
Veteran Author Michigan

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

Some stations refuse to drop.
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.
clpassenubye
Champion Author Los Angeles

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

Very little
sjf238
Champion Author Philadelphia

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

No change here in PA.
djwhit
Champion Author Ohio

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

THATS GREAT DOWN DOWN........
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!
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.
gizbo123
Champion Author Los Angeles

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

After I filled up lol.
tnfran
Champion Author Arizona

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

Not here yet!!!
Jeff4U
Champion Author Atlanta

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

It's about time!
fedupMN
Champion Author Twin Cities

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

oh goody!!!!
culverhouse97
Rookie Author Dallas

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

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

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

come on down!
ibhenry
Champion Author San Diego

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

Needs to drop faster...
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.
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.
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!
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.
uglytom
Champion Author Florida

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

GOOD!
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.
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.
ned23
Champion Author Columbus

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Points:635,755
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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.
Dr Gas
Champion Author Twin Cities

Posts:4,105
Points:439,000
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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!
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.
humblepie
Champion Author Toledo

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

obamanomics failing at last ?
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.
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.
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 ;)
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
leemun
Champion Author Utah

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

Where are these signs?
JamesCalvin
Champion Author Lancaster

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

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

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Message Posted: Apr 10, 2012 9:24:38 AM

Huzzah!
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