Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:36 AM

GasBuddy News Article

32
votes
Holiday break for consumers: Plummeting gasoline prices

USA Today -- With memories of having paid all-time high prices for gasoline earlier this year, U.S. consumers are about to get a break for the holiday season: $3-a-gallon gas in much of the country.

With U.S. supplies rising and demand fizzling, wholesale prices are sinking fast and will soon be reflected at the pump. Now averaging $3.35 a gallon nationwide, prices are expected to drop to about $3.20 a gallon within the next two to three weeks. Consumers in many states could find prices at $3 a gallon or even less in many states, says Tom Kloza of the Oil Price Information Service.


Read the Full Article

Submitted Dec 10, 2012 By: BurntOrange
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Holiday break for consumers: Plummeting gasoline prices Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
sydb7
Champion Author Atlanta

Posts:4,677
Points:2,191,790
Joined:Mar 2003
Message Posted: Dec 11, 2012 9:44:24 AM

Please plummet in Atlanta!
Profile Pic
mrpc90
Champion Author Illinois

Posts:9,575
Points:2,246,880
Joined:Dec 2004
Message Posted: Dec 11, 2012 7:43:10 AM

The only thing that is plummeting is this country...
Profile Pic
remay
Champion Author Houston

Posts:8,442
Points:2,439,090
Joined:May 2006
Message Posted: Dec 11, 2012 5:49:37 AM

Plummeting??? I wouldn't go as far as stating that.
Profile Pic
JadeK
Veteran Author Michigan

Posts:270
Points:292,195
Joined:Jul 2011
Message Posted: Dec 11, 2012 3:39:12 AM

Ok
Profile Pic
DrCashFlow
Champion Author Massachusetts

Posts:8,667
Points:1,951,500
Joined:Jun 2008
Message Posted: Dec 11, 2012 1:58:39 AM

next recession imminent
Profile Pic
packards42
Champion Author Washington

Posts:7,921
Points:1,407,755
Joined:Feb 2005
Message Posted: Dec 11, 2012 1:02:26 AM

Yes $3.00 look like it a possibility
Profile Pic
MrLefty0706
Champion Author Chicago

Posts:3,050
Points:678,925
Joined:Apr 2012
Message Posted: Dec 11, 2012 12:46:41 AM

Let's lower prices and keep them down.
Profile Pic
MrPony
All-Star Author North Carolina

Posts:653
Points:609,980
Joined:Jul 2004
Message Posted: Dec 11, 2012 12:09:42 AM

Lower prices would be a good Christmas present!
Profile Pic
Alaydown
Champion Author Los Angeles

Posts:6,602
Points:1,078,710
Joined:May 2007
Message Posted: Dec 11, 2012 12:06:00 AM

"Plummeting gasoline prices"? They are easing down, but they aren't plummeting anywhere. They'll be headed back up at around Christmas to record highs again next year thanks to Obama.
Profile Pic
03Avalanche
Sophomore Author Salt Lake City

Posts:175
Points:531,860
Joined:Jul 2011
Message Posted: Dec 10, 2012 11:36:50 PM

Only thing plummeting is my income/remaining $ after filling up!
Profile Pic
CCLighthouse
Champion Author Hartford

Posts:1,508
Points:318,315
Joined:Aug 2012
Message Posted: Dec 10, 2012 11:13:30 PM

It's the quiet before the Coyote bites! : D
Profile Pic
wldhrs1
All-Star Author Alabama

Posts:753
Points:156,155
Joined:Jun 2012
Message Posted: Dec 10, 2012 11:12:59 PM

Enjoy this short-lived price drop. It'll fade away.
Profile Pic
heartbroken2010
Champion Author Ottawa

Posts:5,990
Points:1,227,280
Joined:Aug 2010
Message Posted: Dec 10, 2012 11:09:02 PM

stay down.
Profile Pic
getalong
Champion Author California

Posts:2,286
Points:407,200
Joined:Aug 2007
Message Posted: Dec 10, 2012 11:06:20 PM

Talk to me again when it's below $2.50!
Profile Pic
mia3bxs
All-Star Author Miami

Posts:517
Points:536,390
Joined:Jul 2011
Message Posted: Dec 10, 2012 11:06:19 PM

Now that's what I'm talking about!
Profile Pic
rahcat
Champion Author Grand Rapids

Posts:4,320
Points:992,375
Joined:Jan 2010
Message Posted: Dec 10, 2012 11:05:15 PM

Where?
Profile Pic
cheaper0ON
Champion Author Ontario

Posts:2,613
Points:727,205
Joined:Jan 2012
Message Posted: Dec 10, 2012 11:01:30 PM

Good.
Profile Pic
joeschmo12
Champion Author New York

Posts:1,387
Points:382,380
Joined:Mar 2012
Message Posted: Dec 10, 2012 11:00:11 PM

i guess this is somewhat a break
Profile Pic
Eugenian
Champion Author Oregon

Posts:2,785
Points:540,645
Joined:Oct 2009
Message Posted: Dec 10, 2012 10:54:29 PM

Holiday, schmoliday.
Profile Pic
VikingWoman
Champion Author Washington

Posts:3,063
Points:573,345
Joined:May 2012
Message Posted: Dec 10, 2012 10:53:58 PM

This is supposed to be good news but "demand is just tanking" equates to bad news for our economy. I'm starting to think some of these stories are just propaganda but if they start selling gas for $1.68 gas like in 2008, I'll be okay with that. lol
Profile Pic
goodbuy
Champion Author Michigan

Posts:9,231
Points:1,742,365
Joined:May 2005
Message Posted: Dec 10, 2012 10:53:13 PM

Not here in Michigan and NOT for diesel. USA today must be living in a hole somewhere.
Profile Pic
nordiqueen
Rookie Author San Diego

Posts:18
Points:81,455
Joined:Oct 2012
Message Posted: Dec 10, 2012 10:46:34 PM

Please!!! Here anywhere from 3.50 to 4.05!!! Higher than most states!!
Profile Pic
mobjr2
Rookie Author San Diego

Posts:26
Points:38,900
Joined:Feb 2004
Message Posted: Dec 10, 2012 10:44:57 PM

How long will it last?
Profile Pic
TFowler513
Champion Author Memphis

Posts:3,824
Points:1,697,760
Joined:Mar 2008
Message Posted: Dec 10, 2012 10:42:28 PM

Plummeting... I don't think so. Just another word in a lame attempt to sensationalize a slow decline in pump prices. Now when prices increase, why don't they use the word skyrocket or a phrase like exponential hike???
Profile Pic
hwnguy
Champion Author Honolulu

Posts:3,866
Points:1,615,535
Joined:Apr 2008
Message Posted: Dec 10, 2012 10:42:15 PM

Closer to $3.97 here
Profile Pic
REKEY
Champion Author South Carolina

Posts:10,204
Points:2,024,575
Joined:May 2008
Message Posted: Dec 10, 2012 10:40:49 PM

Wow 2.97 is not what I call plummeting!
Profile Pic
bvrbill
Champion Author Eugene

Posts:5,801
Points:847,375
Joined:Jul 2011
Message Posted: Dec 10, 2012 10:40:10 PM

I remember when $3.00 per gallon was outrageous. Now we call it low. Something isn't right.
Profile Pic
blazerbob91
Champion Author Milwaukee

Posts:7,012
Points:2,194,455
Joined:Aug 2005
Message Posted: Dec 10, 2012 10:38:25 PM

We are getting used to $3 gas. That's what they want.
Profile Pic
abcdMA
Champion Author Worcester

Posts:9,540
Points:1,897,315
Joined:Nov 2008
Message Posted: Dec 10, 2012 10:37:57 PM

it is bad when expensive gas looks to be cheap because prices have been so high for so long
Profile Pic
sickhp
Champion Author San Antonio

Posts:2,675
Points:828,695
Joined:Sep 2011
Message Posted: Dec 10, 2012 10:33:30 PM

Still having sticker shock under the current Obama setup.
Profile Pic
yorkygurl2008
Veteran Author Indiana

Posts:257
Points:51,785
Joined:Sep 2012
Message Posted: Dec 10, 2012 10:33:07 PM

OK
Profile Pic
gasmack
Champion Author Ventura

Posts:2,864
Points:949,065
Joined:Feb 2011
Message Posted: Dec 10, 2012 10:32:42 PM

By cracky, we deserve every damned bit of it and we'll take it all.
Profile Pic
jjfisher
All-Star Author Toledo

Posts:767
Points:1,021,885
Joined:Aug 2008
Message Posted: Dec 10, 2012 10:29:04 PM

Take it while it lasts
Profile Pic
FlyNFool
Champion Author South Carolina

Posts:9,802
Points:2,011,070
Joined:Aug 2008
Message Posted: Dec 10, 2012 10:24:16 PM

I'll start jumping up and down when it's under $2.00/gal.
Profile Pic
drobbbb
Champion Author Maryland

Posts:4,986
Points:1,129,340
Joined:Dec 2010
Message Posted: Dec 10, 2012 10:24:09 PM

good
Profile Pic
pacecar68
Champion Author Oakland

Posts:5,371
Points:1,098,430
Joined:Jan 2007
Message Posted: Dec 10, 2012 10:22:21 PM

i like it!
Profile Pic
s6sputnik
Champion Author Austin

Posts:7,208
Points:1,604,970
Joined:Jun 2007
Message Posted: Dec 10, 2012 10:22:02 PM

Yup!
Profile Pic
1Boog
Champion Author Lincoln

Posts:7,432
Points:1,498,200
Joined:May 2004
Message Posted: Dec 10, 2012 10:15:00 PM

plummeting prices would be if they suddenly under $2.00 a gallon. Until then this is a feathery down slide....waiting for the next time to skyrocket upward.
Profile Pic
pricechecker08
Champion Author Ohio

Posts:9,465
Points:2,016,655
Joined:Jan 2008
Message Posted: Dec 10, 2012 10:13:48 PM

Still about 30% too high/
Profile Pic
mecforyou
Champion Author Iowa

Posts:3,246
Points:1,510,585
Joined:Jul 2007
Message Posted: Dec 10, 2012 10:13:12 PM

OK
Profile Pic
Prodaddy
Champion Author Houston

Posts:9,996
Points:2,219,440
Joined:May 2007
Message Posted: Dec 10, 2012 10:13:01 PM

A great story would be $ 1.50 a gallon
Profile Pic
JagXKR
Champion Author British Columbia

Posts:4,735
Points:1,416,335
Joined:Dec 2009
Message Posted: Dec 10, 2012 10:11:18 PM

If it were $2.50 or as low as $2 that would be a good news story. This is just telling us that gas is no longer ridiculously priced but now it is just over-priced.
Profile Pic
SavALot
Champion Author Virginia Beach

Posts:10,091
Points:2,039,410
Joined:Apr 2005
Message Posted: Dec 10, 2012 10:10:44 PM

very nice present!
Profile Pic
wayoung56
Champion Author Alabama

Posts:4,350
Points:1,135,185
Joined:Oct 2006
Message Posted: Dec 10, 2012 10:08:34 PM

Not plummeting here in North Alabama, unless you call a 3 cent drop in the last two weeks plummeting...
Profile Pic
DEG
Champion Author Las Vegas

Posts:19,208
Points:3,811,480
Joined:Jul 2003
Message Posted: Dec 10, 2012 10:07:40 PM

Gas prices should truly be closer to $2/gallon instead of $3.40/gallon.
Profile Pic
Lukus
Champion Author Halifax

Posts:9,859
Points:1,994,050
Joined:Nov 2007
Message Posted: Dec 10, 2012 10:07:26 PM

Ok if it continues.
Profile Pic
serrog
Champion Author Nova Scotia

Posts:7,226
Points:1,841,560
Joined:Oct 2008
Message Posted: Dec 10, 2012 10:06:42 PM

good
Profile Pic
iamforiu
Champion Author Indiana

Posts:5,238
Points:1,040,840
Joined:May 2011
Message Posted: Dec 10, 2012 10:02:49 PM

Drill baby drill
Profile Pic
drz614
Champion Author Harrisburg

Posts:3,958
Points:927,490
Joined:Aug 2011
Message Posted: Dec 10, 2012 9:59:00 PM

lol. ooooook

thank god the private sector is doing just fine.

[Edited by: drz614 at 12/10/2012 11:00:44 PM EST]
Profile Pic
WIPACKERFAN
Champion Author Chicago

Posts:10,451
Points:2,172,720
Joined:Aug 2005
Message Posted: Dec 10, 2012 9:58:39 PM

Keep it going.
Post a reply Back to Topics