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GasBuddy News Article

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It's early to say, but gas prices might fall

One News -- Recently on January 11, The Associated Press reported that drivers' annual gas bills are expected to drop for the first time in four years, due to what forecasters are calling ample oil supplies and weak U.S. demand. Meanwhile, the Energy Department has stated that the average price for a gallon of gas will fall five percent.
Dan Kish, senior vice president of policy at the Institute for Energy Research, isn't so sure.

Still, Kish says the probability of cheaper prices is not out of the question.

"We are increasing oil production in this country faster than at any time in the history of this country because of the private sector. Those additional supplies here at home put downward pressure on gas prices," he says. "Provided that government can't figure out a way to mix it up and Congress


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Submitted Jan 22, 2013 By: bar1035
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: It's early to say, but gas prices might fall Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Points:2,065,515
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Message Posted: Jan 25, 2013 4:50:23 AM

equal chance of below, above or near current levels?
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PathfinderSC
Champion Author South Carolina

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Message Posted: Jan 24, 2013 5:07:27 PM

One can only hope for lower gas prices .
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tomok
Champion Author Portland

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Message Posted: Jan 24, 2013 4:12:40 PM

One article says fuel prices will rise and this one says fuel prices may go down? Don't really know what fuel prices will do until it happens. And it might change again when it changes then!
Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! The price at the pump needs to go down to $2/gallon - *$3, *$3.50/gallon or *$4.00 is Not the new low!
More Refineries are Not the answer, the answer is Stop Exporting Fuel! Take care of the domestic fuel market first!
Whatever the size or shape of the vehicle, vehicle manufactures Produce and the population ‘Drives’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII! - The Day After......
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honda0105
Champion Author Tallahassee

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Message Posted: Jan 24, 2013 4:56:33 AM

lots of crystal ball navel gazing... and lots of water going down the ol' Mississippi...
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studebaker1940
Champion Author Tampa

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Message Posted: Jan 23, 2013 8:01:17 AM

Get ready for $10 a gallon
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blupupher
Champion Author Houston

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Message Posted: Jan 23, 2013 7:49:19 AM

and they might rise, and they might stay the same. No way to predict for sure.
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millerin
Champion Author Orlando

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Message Posted: Jan 23, 2013 3:45:59 AM

a lot of saying but prices are still high
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jetskijerry
Champion Author North Carolina

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Message Posted: Jan 23, 2013 12:08:58 AM

They'll keep prices as high as they can!
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jetskijerry
Champion Author North Carolina

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Message Posted: Jan 23, 2013 12:08:40 AM

What crap...
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bikechuck
Champion Author Indianapolis

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Message Posted: Jan 23, 2013 12:04:42 AM

We will be waiting.
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Doomsday64
All-Star Author Austin

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Message Posted: Jan 22, 2013 11:51:28 PM

good
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ricebike
Champion Author New Jersey

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Message Posted: Jan 22, 2013 11:48:04 PM

up and down, up and down!
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BarryAClarke
Veteran Author Indiana

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Message Posted: Jan 22, 2013 11:47:52 PM

Hmmm, I just noticed the day after President Obama is officially in office for his second term, gas prices have started to go up.............
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g747
Champion Author Mobile

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Message Posted: Jan 22, 2013 11:47:27 PM

We'll wait & see;show me!!!!!!!!!!!!.
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10k
Champion Author North Carolina

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Message Posted: Jan 22, 2013 11:46:40 PM

i agree-a stupid article..but in the event prices do drop by 5%, what the heck is 5% on gas that cost $4/gallon ??..
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ican2step
Champion Author Pittsburgh

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Message Posted: Jan 22, 2013 11:44:17 PM

Good.
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kgbellman
Champion Author Ann Arbor

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Message Posted: Jan 22, 2013 11:42:02 PM

Not sure I expect it, but one can hope
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RogerB2
Rookie Author Indianapolis

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Message Posted: Jan 22, 2013 11:41:11 PM


OK





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Tigercat88
Champion Author North Carolina

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Message Posted: Jan 22, 2013 11:40:47 PM

Just wait prices will rise.
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CiVX
Champion Author Oakland

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Message Posted: Jan 22, 2013 11:39:56 PM

what?
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RichWLIN
Champion Author Indiana

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Message Posted: Jan 22, 2013 11:38:34 PM

Rerun speculation.
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Goat2008
Champion Author Ontario

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Message Posted: Jan 22, 2013 11:36:21 PM

Got to check my crystal ball.
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bvrbill
Champion Author Eugene

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Message Posted: Jan 22, 2013 11:35:39 PM

...and they may rise.Stupid article.
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southrob
Champion Author Tucson

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Message Posted: Jan 22, 2013 11:33:45 PM

dhan
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sjhman
Veteran Author Atlanta

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Message Posted: Jan 22, 2013 11:31:07 PM

That's what's up!
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Zonk
Champion Author Michigan

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Message Posted: Jan 22, 2013 11:30:57 PM

or they may rise. Ask folks in Battle Creek.
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unicornpmb
Champion Author Buffalo

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Message Posted: Jan 22, 2013 11:28:35 PM

It's easy to say, but will it happen?
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59glide
Champion Author New Haven

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Message Posted: Jan 22, 2013 11:28:04 PM

FALL BABY FALL
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TXRanger09
Champion Author Dallas

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Message Posted: Jan 22, 2013 11:26:23 PM

I'm sticking to 10 gallons a week which is my weekly average. We're done buying $20 or $30 worth. We buy gallons. Currently $30.60 a week.
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sehonda
Champion Author Honolulu

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Message Posted: Jan 22, 2013 11:26:08 PM

prices may rise
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Jmac2008
Champion Author Missouri

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Message Posted: Jan 22, 2013 11:24:20 PM

every time they say they might fall they see to rise even more.
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pa79th
Champion Author Pennsylvania

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Message Posted: Jan 22, 2013 11:23:47 PM

yeah...sure...
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BobD2009
Champion Author Long Island

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Message Posted: Jan 22, 2013 11:23:08 PM

I'd be surprised.
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Bigwaynef
Champion Author South Carolina

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Message Posted: Jan 22, 2013 11:22:57 PM

It depends on which way the winds blowing...
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regout
Champion Author Quebec

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Message Posted: Jan 22, 2013 11:22:07 PM

If speculators want but if they need money for Easter gifts....
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tedjm1
Champion Author New York

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Message Posted: Jan 22, 2013 11:21:57 PM

Maybe
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MN1
Champion Author Twin Cities

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Message Posted: Jan 22, 2013 11:21:14 PM

Got a bridge for sale in NY.
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crmedic
Champion Author Arkansas

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Message Posted: Jan 22, 2013 11:20:28 PM

Still waiting! A local Valero station just raised it's prices 10 cents a gallon.
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rwsb30
All-Star Author Dayton

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Message Posted: Jan 22, 2013 11:20:27 PM

Big whoop !
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Matt G
Champion Author Boston

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Message Posted: Jan 22, 2013 11:19:32 PM

Believe that and I'll tell you another one
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52MPG
Champion Author Dayton

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Message Posted: Jan 22, 2013 11:19:29 PM

If it comes true it will be good for the US economy.
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bby
Champion Author Twin Cities

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Message Posted: Jan 22, 2013 11:18:48 PM

Ok
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streetcars
Champion Author Toledo

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Message Posted: Jan 22, 2013 11:18:42 PM

I wish, and give me a winning lotto ticket.
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cheaper0ON
Champion Author Ontario

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Message Posted: Jan 22, 2013 11:18:23 PM

Hopefully!!!
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VetteFan
Champion Author Indiana

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Message Posted: Jan 22, 2013 11:17:47 PM

Old news.
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5Golfer8
Champion Author Tucson

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Message Posted: Jan 22, 2013 11:15:03 PM

Drop baby drop.
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crreed1
Champion Author West Virginia

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Message Posted: Jan 22, 2013 11:15:01 PM

went up 10cents today here
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gasmack
Champion Author Ventura

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Message Posted: Jan 22, 2013 11:14:12 PM

Hope so. Well see.
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GAS1251
Champion Author Texas

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Message Posted: Jan 22, 2013 11:13:55 PM

Right now they seem to be rising
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GasholeMI
Champion Author Lansing

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Message Posted: Jan 22, 2013 11:13:21 PM

Doubtful.
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