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GasBuddy News Article

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Gas Prices Are Out of (Your) Control

The Street -- It's good to be an oil-producing country, but even with the U.S. profile as an oil producer on the rise [...] other countries retain far greater influence over the ups and downs in the pain at the pump.

No, gas prices aren't out of control compared with the rest of the world, however, the past week's action in gas prices does show that gas prices remain out of your control, specifically. A spike often has nothing to do with actual consumption, little to do with dynamics in the oil market supply chain, but amounts to much ado about geopolitical risks dominating the headlines.

According to the most recent MasterCard/SpendingPulse survey, year-on-year demand for gasoline was down 4.4% from June 2011 to June 2012. Gasoline demand was down 3.2% from the year-ago level, according to ...


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Submitted Jul 28, 2012 By: brbaritone
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Gas Prices Are Out of (Your) Control Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

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Message Posted: Aug 1, 2012 5:58:18 AM

maybe it's good they are not under your control PCWhiz
PCWHIZ
Champion Author Denver

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Message Posted: Jul 29, 2012 12:52:03 PM

I wish gas prices were in my control.
skinsfan125
Champion Author Virginia

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Message Posted: Jul 29, 2012 12:03:57 PM

gee, do you think!!!??
PurplepassionNC
All-Star Author North Carolina

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Message Posted: Jul 29, 2012 10:36:40 AM

Price was going down until the 4th of July. Now prices refuse to go back down...
DanMtz
Champion Author Oakland

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Message Posted: Jul 29, 2012 10:12:22 AM

Now tell me something I don't know.
ClarkSC
Champion Author South Carolina

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Message Posted: Jul 29, 2012 8:14:21 AM

Out of control.
BEGTWO
Champion Author Maryland

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Message Posted: Jul 29, 2012 7:38:38 AM

Tell me something I don't know!
Bill100
Champion Author Grand Rapids

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Message Posted: Jul 29, 2012 6:34:17 AM

Gas prices have long been out of my control. What makes this newsworthy?
runinoutagas
Champion Author San Bernardino

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Message Posted: Jul 29, 2012 1:39:28 AM

LetemEatCake, don't get Your kishkes in an uproar ;)

[Edited by: runinoutagas at 7/29/2012 2:44:15 AM EST]
menagerie1013
Champion Author San Diego

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Message Posted: Jul 29, 2012 1:32:03 AM

Of course it's out of our control.
alterman156
Champion Author New York

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Message Posted: Jul 29, 2012 12:46:17 AM

This is true.
TIGERPAW46
Champion Author Florida

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Message Posted: Jul 29, 2012 12:06:47 AM

10K;

Pres. Obama also said under his energy plan electric prices would skyrocket. Which if he is reelected and the green energy plan with carbon taxes etc persist will happen.

Either way Gasoline prices can be kept more reasonable with appropriate controls on Exportation. Reverting back to the previous limits on Speculation on Commodities in US markets & removing US commodities from Speculative buying on European markets. Also by adequate production of oil & distillation by American Companies. Just like many oil producing countries in the World, the USA can keep petroleum prices lower in their own nation than the world market prices. Of course Canada is another nation that doesn't seem to sell to their own people cheaper than they sell to the rest of the world.
10k
Champion Author North Carolina

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Message Posted: Jul 28, 2012 11:56:52 PM

cake..nobama DID say in one of his empty speeches in 2008 that the american economy could support $5/gallon gas..

the american economy can't even support $2/gallon..

[Edited by: 10k at 7/29/2012 1:03:12 AM EST]
TFowler513
Champion Author Memphis

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Message Posted: Jul 28, 2012 11:55:06 PM

Well, duh!!!
PetroScopper
Champion Author Houston

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Message Posted: Jul 28, 2012 11:51:19 PM

Up and down constantly...
LetemEatCake
Champion Author Oklahoma City

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Message Posted: Jul 28, 2012 11:48:01 PM

NO wait, you all said it was Obama's fault....OMG, what to believe today! Maybe the Devil made prices rise?

I am verklempt!

[Edited by: LetemEatCake at 7/29/2012 12:55:43 AM EST]
runinoutagas
Champion Author San Bernardino

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Message Posted: Jul 28, 2012 11:42:59 PM

They may be out of (Our) control right now; but not in November … IF the electorate have their heads about them.
N5EXY
Champion Author Austin

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Message Posted: Jul 28, 2012 11:40:38 PM

Who wrote this? Dick Tracy or Sherlock Holmes?
ratones1
Champion Author Los Angeles

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Message Posted: Jul 28, 2012 11:40:25 PM

of course!!!
bowler360
Champion Author Illinois

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Message Posted: Jul 28, 2012 11:36:21 PM

agreed.
Dailyrun
Champion Author Kentucky

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Message Posted: Jul 28, 2012 11:36:15 PM

True, as long as we need gas.
CheeseMan
Champion Author Raleigh

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Message Posted: Jul 28, 2012 11:35:51 PM

Amen!
ican2step
Champion Author Pittsburgh

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Message Posted: Jul 28, 2012 11:33:33 PM

Wrong! Every four years we can vote, and we can get BAD presidents out!
anascom
Champion Author Hamilton

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Message Posted: Jul 28, 2012 11:30:05 PM

nothing new here!
dwh724
Champion Author Pittsburgh

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Message Posted: Jul 28, 2012 11:30:03 PM

Okay
boatfloyd
Champion Author Jacksonville

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Message Posted: Jul 28, 2012 11:28:49 PM

:(
jferrara41
All-Star Author Delaware

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Message Posted: Jul 28, 2012 11:27:36 PM

ok
ShadowACE
Champion Author Boston

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Message Posted: Jul 28, 2012 11:27:32 PM

Well damn! I've been happily rumping my way through the past several years thinking that I actually did control the price of gas, and suddenly this revalation is thrust upon me. I am SHATTERED! I can only hope that this doesn't trigger some sort of adverse reaction pr otherwise damage my psyche... Oh, cruel world...!!

[Edited by: ShadowACE at 7/29/2012 12:33:00 AM EST]
Mermaan
Champion Author Boston

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Message Posted: Jul 28, 2012 11:27:09 PM

This is painfully obvious?
joel27nc
Champion Author Raleigh

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Message Posted: Jul 28, 2012 11:26:37 PM

If they were in my control, they would never go over $2/gallon!
regout
Champion Author Quebec

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Message Posted: Jul 28, 2012 11:26:31 PM

Speculators.
12766
Champion Author New York

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Message Posted: Jul 28, 2012 11:26:27 PM

OK
jetskijerry
Champion Author North Carolina

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Message Posted: Jul 28, 2012 11:25:47 PM

true
TonyPSU
Champion Author Cleveland

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Message Posted: Jul 28, 2012 11:24:40 PM

ok
GigHarborHound
Champion Author Tacoma

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Message Posted: Jul 28, 2012 11:24:34 PM

This article is wrong!!! Gas pricesare the same!! It is just that Europeans are very heavily taxed!! This is what the DOE Director (Chue?)meant that he wanted prices her to raise to European Levels!! The only way to do that is to rais our taxes to their level!!!
kgbellman
Champion Author Ann Arbor

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Message Posted: Jul 28, 2012 11:24:31 PM

I agree with that
VetteFan
Champion Author Indiana

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Message Posted: Jul 28, 2012 11:22:54 PM

This is nothing new.
stratlinetime
Champion Author Kalamazoo

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Message Posted: Jul 28, 2012 11:21:47 PM

Oooookkk
richnc
All-Star Author North Carolina

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Message Posted: Jul 28, 2012 11:21:28 PM

its interesting what man of leisure II say's - I have a $156 cell phone bill divide by 3.5 average fill ups per month = $44.50.

Sadly many - particularly our government - do not understand WANT vs NEED.

We also seem to not understand cause and effect.
Buy a big car = pay big gasoline bills)
Matt G
Champion Author Boston

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Message Posted: Jul 28, 2012 11:21:03 PM

No kidding
mtaboy
Sophomore Author New Jersey

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Message Posted: Jul 28, 2012 11:20:49 PM

FOR EVERY GREEDY SPECULATOR WHO JUST DIES...THE PRICE OF GAS INCHES DOWN EVER SO SLIGHTLY...LET'S HOPE AND PRAY THAT THEY DIE BY THE THOUSANDS!!!!

CarpenterNJ
Champion Author New Jersey

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Message Posted: Jul 28, 2012 11:19:10 PM

No surprise here...
bra0712
Champion Author Arizona

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Message Posted: Jul 28, 2012 11:18:45 PM

Duh
Zonk
Champion Author Michigan

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Message Posted: Jul 28, 2012 11:17:38 PM

I knew that years ago.
livedream
Champion Author Michigan

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Message Posted: Jul 28, 2012 11:17:26 PM

While it's true we can't control gas prices -- We CAN choose to stop being ripped off by Big Oil -- BUY AN EV!
zippy452
Champion Author Cincinnati

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Message Posted: Jul 28, 2012 11:17:14 PM

Wow, really?
Dodge_Me
Champion Author Atlanta

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Message Posted: Jul 28, 2012 11:16:25 PM

Duh
Vette1967
Champion Author Albany

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Message Posted: Jul 28, 2012 11:16:19 PM

Really??
silverfoxv65
Champion Author Michigan

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Message Posted: Jul 28, 2012 11:15:56 PM

Speculators have made things worse!
silverfoxv65
Champion Author Michigan

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Message Posted: Jul 28, 2012 11:15:12 PM

They always have bin what is the diff.
tml721
Champion Author Columbus

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Message Posted: Jul 28, 2012 11:15:06 PM

Is it just me or is everythnig a repeat today??
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