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GasBuddy News Article

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Another rough week in store for virtually all motorists

GasBuddy Blog -- It hasn't been pretty lately for those driving vehicles lately, and it will likely get worse this week in much of the U.S. and Canada.

Wholesale gasoline prices continue to march higher, and oil prices continue to add upward pressure to the mix. Fires at refineries across the U.S. certainly aren't helping the mix.

In the last week alone the national average has risen 5c/gal, and while that doesn't sound significant, prices are now up a whopping 25c/gal over the last month. Two of the lower 48 states now boast $4/gal average price for gasoline- Illinois and California, while the lowest state, Arizona, stands at $3.33/gal, up 7c/gal in the last week.

Word is hitting presses this morning that Chevron, while not...


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Submitted Aug 13, 2012 By: PD
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REPLIES (newest first) Post a Reply
albert2008
Champion Author Winnipeg

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Message Posted: Aug 23, 2012 11:23:07 AM

to much greed
jwalkerh
Champion Author Louisiana

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Message Posted: Aug 23, 2012 9:11:27 AM

It has not been good news for a long time...
99dakota
Champion Author Providence

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Message Posted: Aug 23, 2012 5:07:38 AM

Not good news.
txrojo2005
Champion Author Austin

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Message Posted: Aug 21, 2012 10:11:17 AM

So much for new car sales also.
stonecold5005
All-Star Author Waco

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Message Posted: Aug 21, 2012 9:36:15 AM

ok
albert2008
Champion Author Winnipeg

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Message Posted: Aug 18, 2012 8:35:41 AM

not good
honda0105
Champion Author Tallahassee

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Message Posted: Aug 18, 2012 6:50:56 AM

the usual.
clpassenubye
Champion Author Los Angeles

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Message Posted: Aug 17, 2012 5:32:55 PM

Disappointing
pfone1847
Champion Author Illinois

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Message Posted: Aug 17, 2012 6:39:23 AM

ok
honda0105
Champion Author Tallahassee

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Message Posted: Aug 17, 2012 5:01:57 AM

tpg: no, they wouldn't. They will always want the consumer to pay more, so there's more money to be stashed away (since obviously, not much is spent on maintenance as many pipeline issues and refinery fires and problems show).
tpguess
Champion Author San Diego

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Message Posted: Aug 16, 2012 10:32:40 AM

Well... let's see... would the oil companies rather we pay less... or more ? Hmmmm
txrojo2005
Champion Author Austin

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Message Posted: Aug 16, 2012 10:23:30 AM

I should have bought Valero at $20, now $28.69.
bikerchicklette
Champion Author Washington

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Message Posted: Aug 16, 2012 8:44:31 AM

ok
pfone1847
Champion Author Illinois

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Message Posted: Aug 16, 2012 6:18:50 AM

Oh goodie
Gas4Gore
Champion Author Detroit

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Message Posted: Aug 15, 2012 5:57:12 PM

HIgh prices and lots of construction.
rjojo40
Champion Author Las Vegas

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Message Posted: Aug 15, 2012 1:25:22 PM

We forgot the rules and now we will pay again.
Donatelo
Champion Author Dayton

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Message Posted: Aug 15, 2012 11:00:23 AM

ok
RSO
Sophomore Author West Virginia

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Message Posted: Aug 15, 2012 9:48:33 AM

B-O-H-I-C-A!
bikerchicklette
Champion Author Washington

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Message Posted: Aug 15, 2012 9:04:16 AM

ok
ZeroBoxes
Champion Author Mississippi

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Message Posted: Aug 15, 2012 8:59:56 AM

Oh woe is me. I have pontificated the variance of gasoline prices is something you never have to be concerned about if you do something sane about it. Rule 1: the purchase price of a vehicle should not exceed 1/3 your annual gross income. Your average annual miles driven for work, pleasure, vacation, and Grandmas’ house should be about 15,000 (average USA Miles). Regardless of the interest rate of your car, pay it off in 36 months. 2. While simultaneously placing the same Payment and Interest, amount in a separate savings account (YOURS) called “Paid-off Next Car. Yes, I hear you. “I’m making twice the car payments!” Yep, 1 to the bank loan (APR) and one to your Bank Savings (APY). When the 37th month rolls around you now have a paid for 3-year-old car and plus liquid cash to use to buy your next NEW car with the cash and the trade-in value which should be about 2/3 of the original price. (You won’t need a loan---you will use the ONE PAYMENT PLAN! Now you drive off the car lot in a new PAID-FOR car BUT then…you keep making the car payments plus 7.5 % into your “NEXT PAID-OFF CAR” savings account (36 months). Keep flipping cars every three years this way and you will never have another car payment and will always have liquid cash and a 2/3 trade-in value to keep up with the new car prices. And here is the best part; once your transportation vehicle is paid for and you had been paying (15000 miles, divided by 30MPg equals 500 gallons to purchase at an average of $3.50 =$1,750 gas price. Now, with a paid-off car your major transportation cost will still be gasoline but you can safely afford gas averages below $3.50 and up to ($3.76) to $1881.25 annually (=7.5%). It boils down to this…if are you financial savvy enough to apply this plan you pay yourself…if you are not,,,you pay the bank and pay the bank and pay the bank and pay the bank…but GOOD news; it is YOUR choice. Do your own math and see the results…I will take PayPal donations if you insist ?
pfone1847
Champion Author Illinois

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Message Posted: Aug 15, 2012 3:28:17 AM

Great
dieselfiendSC
Champion Author South Carolina

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Message Posted: Aug 14, 2012 4:17:43 PM

Old news
clpassenubye
Champion Author Los Angeles

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Message Posted: Aug 14, 2012 4:02:13 PM

not good
CdnLynx
Champion Author Ontario

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Message Posted: Aug 14, 2012 3:05:39 PM

Mr. figman,
I do not feel what I stated was race baiting; that being, trying to pit one race against another.
In the past, many other comments (some very disparagingly) have been directed against Obama (and other monikers), that were meant to be racist.
I have seen a great deal of irrational diatribe, directed against your President Obama; the rhetoric is far greater against Obama vice the democratic party. They call him many things including Muslim etc; which he is Not; Not Muslim. Even if he was Muslim, what's with that.
If people want to solve problems, then focus on them; not some fallacies that has nothing to do with the issue at hand! America your better then this!
Donatelo
Champion Author Dayton

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Message Posted: Aug 14, 2012 1:53:52 PM

ok
JXQW
Champion Author Kansas City

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Message Posted: Aug 14, 2012 1:49:52 PM

another jump here again
sparky808
Champion Author Honolulu

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Message Posted: Aug 14, 2012 12:25:27 PM

Old post
rbrowdersr
Champion Author Detroit

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Message Posted: Aug 14, 2012 11:59:15 AM

I could have predicted this.
DesertRat2011
Champion Author Riverside

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Message Posted: Aug 14, 2012 10:46:37 AM

I believe there hasn't been a new refinery built in what 25 years, there in lies the problem. We could have a glut of oil but if no refinery what good does that do?
MadTraveler
Champion Author Idaho

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Message Posted: Aug 14, 2012 10:34:32 AM

As long as we let government continue to grow - this is what we have to expect. Don't like it - change and slow government down.
Wierbe
Champion Author Cincinnati

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Message Posted: Aug 14, 2012 10:30:37 AM

Sounds like a great idea, BudsterMO. Take me with you.
BudsterMO
Champion Author Kansas City

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Message Posted: Aug 14, 2012 10:03:52 AM

Stop Oil Speculation (SOS) NOW! Stop the merry go round, I want to get off.
tomok
Champion Author Portland

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Joined:Aug 2006
Message Posted: Aug 14, 2012 9:48:49 AM

Too many rough weeks for the past 3 ½ years, too many refinery fires, high crude oil prices, high prices at the pump. I'm tired of these rough weeks in store for all motorists! Can't there be some 'hope and change' soon?
Big Oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. 'Coming out of the closet' Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction and receive the huge federal tax income from oil. Barry's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the jobs are Not there. Barry's economy is not improving but continues to hurt the population and the job numbers continue to be down – no matter how smoooooth talking Barry spins those numbers and he can spin them very well! People will still drive and buy fuel no matter what but it sure helps to have a job too!
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their personal benefit.
How much will gas prices go up and they will rise, the trend is always up with fuel prices. The price at the pump needs to go down to $2/gallon, $3 to $3.50/gallon is Not the new low!
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost.
The price of fuel at the pump is too high!
12/22/2012!
nskmda
Champion Author Grand Rapids

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Message Posted: Aug 14, 2012 9:38:34 AM

the topic is valid for the whole life ahead not just this week.
Jebeahm
Champion Author Maryland

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Message Posted: Aug 14, 2012 9:31:00 AM

Like we didn't know
OldMan322
Champion Author Illinois

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Message Posted: Aug 14, 2012 9:27:17 AM

Greed greed and more greed
figman
Champion Author Chicago

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Message Posted: Aug 14, 2012 9:12:17 AM

Cdnlynx writes "There is such blind rage directed towards a minority president, you can't focus on real and tangible problems."

Nice race-baiting
gasquickie
Rookie Author Dallas

Posts:4
Points:910,955
Joined:Jun 2011
Message Posted: Aug 14, 2012 9:06:57 AM

Always rise at least 10-16 cents in one day and lower only a measley 1-4 cents 2-3 weeks later.
BCM1
Champion Author Pennsylvania

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Message Posted: Aug 14, 2012 9:03:06 AM

I see gas went up 6 cents per gallon overnight.
photobuddy
Champion Author Washington

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Message Posted: Aug 14, 2012 9:03:03 AM

Only industry that when they can't supply product rase their prices to the damage to their machinery. Wish my broken tractor could raise my prices to fix it before I work on it and get it running to provide a product.
JENNYHK
Champion Author Chicago

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Message Posted: Aug 14, 2012 9:02:34 AM

ok.
lightbulbman2008
Champion Author Worcester

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Message Posted: Aug 14, 2012 8:59:59 AM

greed indeed.
momof5MN
Champion Author Twin Cities

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Message Posted: Aug 14, 2012 8:59:54 AM

That ought to help the economy recover, no?

November 2012
alaskareed
Champion Author Alaska

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Message Posted: Aug 14, 2012 8:58:48 AM

ok
Ready Eddie
Champion Author Twin Cities

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Message Posted: Aug 14, 2012 8:58:09 AM

UP UP and away.....
FBI2991
Champion Author Michigan

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Message Posted: Aug 14, 2012 8:58:04 AM

greed
uptherefiners
Champion Author Chicago

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Message Posted: Aug 14, 2012 8:58:00 AM

tell us something we DON"T know
RAKARWOWSKI
Champion Author Chicago

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Message Posted: Aug 14, 2012 8:57:43 AM

ok.
Rick01
Champion Author Utah

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Message Posted: Aug 14, 2012 8:57:24 AM

Greed RULES!
trugasCA
Champion Author California

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Message Posted: Aug 14, 2012 8:56:53 AM

Dream on
WTLITNG
Champion Author Virginia

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Message Posted: Aug 14, 2012 8:56:51 AM

Too many people are adversely affected by this. We need governmental regulation quickly.
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