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GasBuddy News Article

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Analysts: 2012 Will be The Most Expensive Year Ever for Gas

The Blaze -- Due to the growing cost of crude oil and multiple refinery mishaps, 2012 is on track to be the costliest year ever for gasoline.

“Nationally, gasoline averages $3.70 a gallon — up 30 cents since mid-July and is now higher than year-ago levels in 39 states. Prices are likely to continue climbing through August, with little relief until after Labor Day,” USA Today reports.

Gas jumped 9 percent this month, pushing the national average to $3.67 a gallon, thereby beating 2011’s $3.51 a gallon record. And it doesn’t look like it’s going to let up. In fact, even after demand dies down with the end of summer, 2012 will still most likely be the most expensive year on record, according to Brian Milne of energy tracker Telvent DTN.


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Submitted Aug 16, 2012 By: HYEgasCA
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Analysts: 2012 Will be The Most Expensive Year Ever for Gas Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

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Message Posted: Aug 20, 2012 5:02:47 AM

melv: crook and greed go hand in glove.
honda0105
Champion Author Tallahassee

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Message Posted: Aug 20, 2012 5:01:12 AM

Doug: this is also not the economy of your parents or grandparents. When either were starting to vote, China was a third world country with practically no external economic power.
DougtheEconMan
Champion Author Akron

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Points:378,430
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Message Posted: Aug 16, 2012 11:18:03 PM

I know Obama and his policies and ideas dont represent my parents and grandparents Democrat Party! I look around and see the suffering and heartaches of people I know, and strangers alike. High numbers out of work, high numbers of under-employed, so many that have given up. $4 gasoline is hurting so many people, and many of his policies are directly the cause. It's just a shame. Four and a half more years of this will be a nightmare at best.

[Edited by: DougtheEconMan at 8/17/2012 12:19:48 AM EST]
melvindale
Champion Author Michigan

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Message Posted: Aug 16, 2012 11:15:32 PM

Reading the headline, I thought this article was from February or March. Of course, that did not pan out. So now the industry is faking all these accidents to try to drive the price up.

Because, as everybody knows, the only thing a greedy oil executive wants is higher gas prices. If he can't get there by hook, he'll get there by crook. Actually I think I have that out of order, crook has got to be first choice every time. Crook. Crook. Crook!
judgemobile
Champion Author Ohio

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Message Posted: Aug 16, 2012 11:04:27 PM

so they are saying it will exceed the 2008 top of $ 147 a barrel and the top pump price of $ 5.00 + a gallon ? they are all nuts if they believe the market will not fix it long before we reach such levels again.
Dragnet
Champion Author Arizona

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Message Posted: Aug 16, 2012 11:03:47 PM

Thank you Prez Ovomit. He poured millions of $$$ all over the world except right here in America.
N5EXY
Champion Author Austin

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Message Posted: Aug 16, 2012 11:03:31 PM

Bozama said he wanted "Europe prices" - seven bucks a gallon, I think.

If you still need a reason to defeat Obama then consider his administration’s intense effort to deprive America of the energy it needs to function and compete in the world.
If a foreign nation had launched an attack on America to destroy its coal-fired plants, to shut down its coal mines, and to thwart its ability to drill for oil and natural gas, we would be at war with it.
Obama is at war with America.

81 days until the election.
firefly09
Champion Author San Diego

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Message Posted: Aug 16, 2012 11:02:57 PM

No kidding.
furiousfowl
Champion Author Riverside

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Message Posted: Aug 16, 2012 11:02:15 PM

Well that should not be a surprise.
OldMoses
All-Star Author Atlanta

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Message Posted: Aug 16, 2012 11:01:01 PM

Ain't seen nothing yet....
BlueberryFocus
All-Star Author Rochester

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Message Posted: Aug 16, 2012 11:00:15 PM

It will be interesting to see where gas prices go over the coming months.... Wherever they go just remember that the general trend is climbing
us4usa
Champion Author Missouri

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Message Posted: Aug 16, 2012 10:58:49 PM

Did some one in DC say they wanted higher prices???
Kawibiker
Champion Author Illinois

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Message Posted: Aug 16, 2012 10:57:30 PM

Really? no kidding.. everything going up up
Vette1967
Champion Author Albany

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Message Posted: Aug 16, 2012 10:55:43 PM

Didn't expect it to be lower.
drz614
Champion Author Harrisburg

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Message Posted: Aug 16, 2012 10:48:25 PM

agree w/ gordom
Shakleelady31
All-Star Author Fort Wayne

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Message Posted: Aug 16, 2012 10:47:25 PM

Something to look forward to.??
GordoM
Champion Author Detroit

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Message Posted: Aug 16, 2012 10:43:38 PM

If the govenment powers that be would allow another refinery or two to be built things would be better. Time for a change in DC?
RAE344
Champion Author Virginia Beach

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Message Posted: Aug 16, 2012 10:42:33 PM

Obama's energy plan must be working.
bojiway1
Champion Author Minnesota

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Message Posted: Aug 16, 2012 10:41:08 PM

this must be the energy plan
sydb7
Champion Author Atlanta

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Message Posted: Aug 16, 2012 10:39:47 PM

Wait until 2013!
rf6480
Champion Author Miami

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Message Posted: Aug 16, 2012 10:38:49 PM

up 40-60 cents here. Of course food will follow, diesel is up 40 cents at 1 local station. Like to know what the truck stops are getting.
twinfanMN
Champion Author Minnesota

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Message Posted: Aug 16, 2012 10:37:48 PM

Thanks analysts/spectators
justmedc
Veteran Author Michigan

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Message Posted: Aug 16, 2012 10:35:58 PM

yippee and the food will go up too
suzmar
Champion Author Texas

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Message Posted: Aug 16, 2012 10:35:10 PM

The price of ethanol is just adding to the high cost of gasoline.
chuckhermann
Champion Author New York

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Message Posted: Aug 16, 2012 10:34:58 PM

2013 will be probably be the most expensive year in 2013, 2014 in 2014, etc., etc. ...
Yankee829
Champion Author Dallas

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Message Posted: Aug 16, 2012 10:33:24 PM

Ridiculous!!!
bonzoonfmb
Champion Author Florida

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Message Posted: Aug 16, 2012 10:30:15 PM

There is plenty of supply. There is no reason why fuel prices are this high.
bigdipperMS
Champion Author Mississippi

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Message Posted: Aug 16, 2012 10:29:02 PM

Bad news for drivers.
reeneedan
Champion Author San Jose

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Message Posted: Aug 16, 2012 10:29:00 PM

well labor day is only 2 weeks away
pgerassi
Champion Author Milwaukee

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Message Posted: Aug 16, 2012 10:27:36 PM

SSDD!
Homito
All-Star Author San Antonio

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Message Posted: Aug 16, 2012 10:27:20 PM

good for oil companies owners.
abcdMA
Champion Author Worcester

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Message Posted: Aug 16, 2012 10:26:42 PM

not surprising considering the restrictive regulations placed upon the energy industires since January 2009
Homito
All-Star Author San Antonio

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Message Posted: Aug 16, 2012 10:26:38 PM

I remember back in 2008 the price was around 4.00.
beachmanglen
Champion Author Tampa

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Message Posted: Aug 16, 2012 10:26:24 PM

With China's demand coming back, 2013 will be worse.
whaboush
Champion Author Richmond

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Message Posted: Aug 16, 2012 10:25:32 PM

I sure hope not!
wayoung56
Champion Author Alabama

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Message Posted: Aug 16, 2012 10:24:25 PM

So this is news??? We figured that out a long time ago - lol.
WIPACKERFAN
Champion Author Chicago

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Message Posted: Aug 16, 2012 10:23:41 PM

No kidding.
carefrey
Champion Author Orlando

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Message Posted: Aug 16, 2012 10:20:55 PM

Okay!
mstearno
Champion Author Dayton

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Message Posted: Aug 16, 2012 10:19:31 PM

no wait until 2013 if nobama wins
sts808
Veteran Author Honolulu

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Message Posted: Aug 16, 2012 10:16:15 PM

ok
Bildawg
Champion Author Ohio

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Message Posted: Aug 16, 2012 10:14:15 PM

ok
FunMyster
All-Star Author Indiana

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Joined:Jul 2011
Message Posted: Aug 16, 2012 10:12:54 PM

ok
Jeff1944
Champion Author South Dakota

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Message Posted: Aug 16, 2012 10:10:39 PM

This fact may bring down the Obama house of cards come November.
mcmonsta
Champion Author Honolulu

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Message Posted: Aug 16, 2012 10:10:33 PM

yes and we will be so happy when all this "good" news is over!
crashintuc34
Champion Author Tucson

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Message Posted: Aug 16, 2012 10:08:41 PM

The cost of crude is going up due to the failed energy policies of our so-called president.
nimpy
Champion Author Indianapolis

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Message Posted: Aug 16, 2012 10:06:09 PM

I can believe it
serrog
Champion Author Nova Scotia

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Message Posted: Aug 16, 2012 10:05:55 PM

Duh
dinomen
Champion Author Arkansas

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Message Posted: Aug 16, 2012 10:03:48 PM

Ok.
CobraJ
Champion Author Tampa

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Message Posted: Aug 16, 2012 10:00:07 PM

I'm looking forward to that record being broken in 2013.

[Edited by: CobraJ at 8/16/2012 11:01:15 PM EST]
SpankyMI
Champion Author Kalamazoo

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Message Posted: Aug 16, 2012 9:58:21 PM

You can thank the clowns in charge.
a14morfun
Champion Author Ontario

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Message Posted: Aug 16, 2012 9:56:06 PM

Don't worry. Mine is still free - mostly methane I believe.

:-)
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