GasBuddy Blog

Message Forum - Read Message

Category: GasBuddy Official Blog > Topics	Add to favorite topics Post New Topic

Author	Topic: What happened this week and gasoline for $8.87!	Post a Reply Back to Topics

PD Moderator	Message Posted: Feb 19, 2010 12:07:55 PM Ignore PD Report Abuse It seems that gasoline prices have been getting more and more unstable lately. This week we saw average gasoline prices fall to their lowest level in 2010, but we also saw the first time in weeks that gasoline prices began to push higher. We also saw cheap gasoline prices in the Midwest completely dry up and fall right back in line with other areas. Let's start off on that- Midwest gasoline prices. Supply was plentiful and buyers seemed absent from the market late last week and early this week, driving buyers out of their mind. It seemed that no one was around to buy their gasoline, so prices fell dramatically. Earlier this week, gasoline for delivery in a few areas of the Midwest were as much as 20-cents cheaper than gasoline in... Visit GasBuddy Blog for full article

Moderator

Message Posted: Feb 19, 2010 12:07:55 PM

Ignore PD Report Abuse

It seems that gasoline prices have been getting more and more unstable lately. This week we saw average gasoline prices fall to their lowest level in 2010, but we also saw the first time in weeks that gasoline prices began to push higher. We also saw cheap gasoline prices in the Midwest completely dry up and fall right back in line with other areas.

Let's start off on that- Midwest gasoline prices. Supply was plentiful and buyers seemed absent from the market late last week and early this week, driving buyers out of their mind. It seemed that no one was around to buy their gasoline, so prices fell dramatically. Earlier this week, gasoline for delivery in a few areas of the Midwest were as much as 20-cents cheaper than gasoline in...

Visit GasBuddy Blog for full article

REPLIES (newest first)Ignore Short Messages

First

Next Last

OHMS Champion Author Orange County Posts:13,711 Points:1,690,905 Joined:May 2005	Message Posted: Mar 8, 2010 5:58:36 PM Ignore OHMS Report Abuse I'm confuseder and confuseder; this didn't help my confusedness any
Bonanza Champion Author Boston Posts:12,075 Points:2,549,055 Joined:Jun 2004	Message Posted: Mar 7, 2010 5:22:15 PM Ignore Bonanza Report Abuse Gas is on its way back up
pliskin Champion Author Syracuse Posts:6,077 Points:1,730,945 Joined:Apr 2005	Message Posted: Mar 6, 2010 11:56:54 AM Ignore pliskin Report Abuse This isn't so far fetched now as Washington just released a plan to raise the gas tax to facilitate a gas price of $7 a gallon in order to cover their green climate change plans. So everyone ready now, here they come again! I've got to hand it Pres. Obama and his Chicago crew, they have to be the most arrogant, socialistic, self-centered White House operation in the history of America. We have to stop them before we have nothing left and nothing left to say about anything.
FordF2502001 Champion Author Mississippi Posts:7,983 Points:1,597,790 Joined:Sep 2008	Message Posted: Feb 20, 2010 9:25:43 PM Ignore FordF2502001 Report Abuse Prices flying up here. If Obama gets his wish 8 dollars may be cheap.
honda0105 Champion Author Tallahassee Posts:18,599 Points:1,607,570 Joined:Nov 2008	Message Posted: Feb 20, 2010 6:16:46 PM Ignore honda0105 Report Abuse as for rising prices, c'mon,... is there something new about that?!
honda0105 Champion Author Tallahassee Posts:18,599 Points:1,607,570 Joined:Nov 2008	Message Posted: Feb 20, 2010 6:16:13 PM Ignore honda0105 Report Abuse Geeez... can we talk it up a bit more?
cpl11787 All-Star Author Minnesota Posts:630 Points:123,275 Joined:Jan 2010	Message Posted: Feb 20, 2010 4:42:53 PM Ignore cpl11787 Report Abuse well, anything for a buck.
playtimeCLE Champion Author Cleveland Posts:8,550 Points:1,542,425 Joined:Nov 2008	Message Posted: Feb 20, 2010 10:21:18 AM Ignore playtimeCLE Report Abuse There are no real reasons for the price climbing & dropping over the most minute reports.
k2kipp Champion Author Minnesota Posts:3,157 Points:1,126,005 Joined:Sep 2005	Message Posted: Feb 20, 2010 10:14:02 AM Ignore k2kipp Report Abuse $2.69 . No change in 2 months for NE Minnesota
redhornet Champion Author Minnesota Posts:1,744 Points:886,075 Joined:Dec 2009	Message Posted: Feb 20, 2010 10:07:41 AM Ignore redhornet Report Abuse I think went was $2.87
baitmn Champion Author New Orleans Posts:9,039 Points:2,105,750 Joined:Sep 2006	Message Posted: Feb 20, 2010 10:04:17 AM Ignore baitmn Report Abuse money and no brains is what it is call
MUSTANGSRUS Champion Author Ontario Posts:7,558 Points:1,544,315 Joined:Sep 2006	Message Posted: Feb 20, 2010 9:50:33 AM Ignore MUSTANGSRUS Report Abuse Anybody that pays that much has more money than brains.
sivart Champion Author Arkansas Posts:18,213 Points:3,069,010 Joined:May 2004	Message Posted: Feb 20, 2010 9:49:05 AM Ignore sivart Report Abuse What idiot would pay $8.87 for a gallon of gas??
rtw777 Champion Author Florida Posts:9,386 Points:1,840,045 Joined:Jan 2008	Message Posted: Feb 20, 2010 9:30:21 AM Ignore rtw777 Report Abuse Very hard to believe anyone would pay $8.87 for fuel.
hauler43 Champion Author Oakland Posts:8,158 Points:2,597,750 Joined:Sep 2003	Message Posted: Feb 20, 2010 9:19:15 AM Ignore hauler43 Report Abuse WHAT
52MPG Champion Author Dayton Posts:7,252 Points:1,739,755 Joined:Apr 2006	Message Posted: Feb 20, 2010 9:17:03 AM Ignore 52MPG Report Abuse The reason I use GasBuddy is to find the low price stations.
THEDodgeman Champion Author Denver Posts:7,987 Points:1,945,565 Joined:Apr 2005	Message Posted: Feb 20, 2010 9:13:47 AM Ignore THEDodgeman Report Abuse PRICES ARE GOING NOTHING BUT HIGHER.
Goatroper Champion Author Dallas Posts:6,589 Points:1,292,510 Joined:Apr 2004	Message Posted: Feb 20, 2010 9:12:17 AM Ignore Goatroper Report Abuse You gotta be kidding me. Don't those DAs check the price before they pump?
scoop2008 Veteran Author Ontario Posts:259 Points:299,015 Joined:Mar 2008	Message Posted: Feb 20, 2010 9:10:31 AM Ignore scoop2008 Report Abuse Dosen't matter about supply and demand in Canada, they put the prices where oil companies want them, and the gov't gets more tax dollars when prices are higher.
miamimusic Champion Author Miami Posts:2,140 Points:1,250,210 Joined:Oct 2008	Message Posted: Feb 20, 2010 9:08:21 AM Ignore miamimusic Report Abuse "gasoline prices have been getting more and more unstable lately" Really? Wow, you're quite the economic genius. Have you been living on the moon for the past two years? Hello? Gas prices have been unstable for a while now. Read a paper once in a while.
goalie1950 Champion Author Phoenix Posts:6,400 Points:1,294,470 Joined:Oct 2009	Message Posted: Feb 20, 2010 9:07:00 AM Ignore goalie1950 Report Abuse Once again, the principles of Supply & Demand do not apply when it comes to oil & gas pricing. The element of greed is the driving force.
Terrapinone Champion Author Baltimore Posts:3,332 Points:1,831,565 Joined:May 2004	Message Posted: Feb 20, 2010 9:06:42 AM Ignore Terrapinone Report Abuse As the article says there is a major disconnect. Who in their right mind would pay $8.87?
WillCody Champion Author Austin Posts:8,170 Points:1,508,195 Joined:Jul 2008	Message Posted: Feb 20, 2010 9:05:03 AM Ignore WillCody Report Abuse The first story was about oil prices dropping because the dollar strengthened, however gas prices in Taylor, TX seem to have jumped about 20 cents in the last few days!
ShudBWalking Champion Author Kitchener-Waterloo Posts:3,608 Points:419,365 Joined:Oct 2006	Message Posted: Feb 20, 2010 9:04:50 AM Ignore ShudBWalking Report Abuse and not much good with prices in Canada
AtascaderoHound All-Star Author California Posts:558 Points:588,935 Joined:Oct 2006	Message Posted: Feb 20, 2010 9:04:15 AM Ignore AtascaderoHound Report Abuse As long as we are addicted to oil, we will always be at the mercy of forces beyond our control. Whine all we want to!
OldMan322 Champion Author Illinois Posts:5,145 Points:1,592,790 Joined:Jul 2008	Message Posted: Feb 20, 2010 9:01:37 AM Ignore OldMan322 Report Abuse "RocketmanC99" try 30 cent in 3 days
yukonjack Champion Author Georgia Posts:5,123 Points:1,764,425 Joined:Oct 2004	Message Posted: Feb 20, 2010 9:00:27 AM Ignore yukonjack Report Abuse California has strange people.
BillHeatherL Champion Author Alberta Posts:7,633 Points:1,922,680 Joined:Apr 2007	Message Posted: Feb 20, 2010 8:57:12 AM Ignore BillHeatherL Report Abuse some drivers just do not pay attention to anything
RocketmanC99 Champion Author Missouri Posts:1,364 Points:984,275 Joined:Jan 2007	Message Posted: Feb 20, 2010 8:56:11 AM Ignore RocketmanC99 Report Abuse I live in the midwest and gasoline just went up 10 cents.
raleightom All-Star Author Raleigh Posts:765 Points:215,710 Joined:Nov 2007	Message Posted: Feb 20, 2010 8:54:42 AM Ignore raleightom Report Abuse Have you ever thought about how much petroleum it takes to make a pair of sneakers ? Or what people put on their feet when they walk a lot ? Or why walking is one of the easiest ways to lose weight ? OR how many pairs of sneakers you need to walk to the supermarket for a year VS how many gallons of gas you need ?CONSERVE . . . . CONSERVE . . . . CONSERVE It is healthy to conserve
twiper1 Champion Author San Diego Posts:7,822 Points:1,604,110 Joined:Oct 2008	Message Posted: Feb 20, 2010 8:54:17 AM Ignore twiper1 Report Abuse But here in Chula Vista gas prices have been stable for 10 days now
rvn4me Champion Author Texas Posts:5,581 Points:1,491,065 Joined:Jan 2009	Message Posted: Feb 20, 2010 8:53:41 AM Ignore rvn4me Report Abuse Again, I think the common wage earner is getting the shaft.
nerde Champion Author Florida Posts:6,408 Points:1,312,745 Joined:Jul 2009	Message Posted: Feb 20, 2010 8:52:46 AM Ignore nerde Report Abuse drill baby drill?
wegman Champion Author Twin Cities Posts:7,799 Points:2,086,640 Joined:Jun 2001	Message Posted: Feb 20, 2010 8:49:01 AM Ignore wegman Report Abuse Somehow the link between market forces and the price of oil (and its byproducts) has to be reforged. And I LOOK before I pull into a gas station. $8.87, I do NOT pull in. And yet another reason to be glad to NOT live in California.
CSharpGuy Champion Author Colorado Springs Posts:9,462 Points:1,896,435 Joined:Jan 2008	Message Posted: Feb 20, 2010 8:48:24 AM Ignore CSharpGuy Report Abuse Any evidence that our oil stockpiles are high seems to be overridden by the speculation that the economy is improving thus speculator "believe" we will be using more oil.
ENORMS Champion Author Colorado Posts:3,020 Points:1,588,880 Joined:Sep 2006	Message Posted: Feb 20, 2010 8:47:47 AM Ignore ENORMS Report Abuse gouging is not right!!
ILVET Champion Author Illinois Posts:14,784 Points:2,923,665 Joined:Jan 2005	Message Posted: Feb 20, 2010 8:47:39 AM Ignore ILVET Report Abuse Just making up for lost time
TSXY All-Star Author New Orleans Posts:961 Points:294,440 Joined:Aug 2008	Message Posted: Feb 20, 2010 8:47:29 AM Ignore TSXY Report Abuse That is insane! Greed runs rampant.
Lenguado Champion Author Orlando Posts:17,683 Points:3,062,090 Joined:Apr 2004	Message Posted: Feb 20, 2010 8:46:44 AM Ignore Lenguado Report Abuse Blah Blah Blah Greedy Blah Blah Blah
rsm315 Champion Author Detroit Posts:1,634 Points:539,985 Joined:Dec 2009	Message Posted: Feb 20, 2010 8:44:28 AM Ignore rsm315 Report Abuse There all greedy!
riverrising Champion Author Missouri Posts:3,901 Points:1,046,620 Joined:May 2008	Message Posted: Feb 20, 2010 8:43:15 AM Ignore riverrising Report Abuse worst increase that I have seen for several yrs. .15 at ONE time. [Edited by: riverrising at 2/20/2010 9:44:06 AM EST]
gvan Champion Author Chicago Posts:21,518 Points:2,834,340 Joined:Dec 2004	Message Posted: Feb 20, 2010 8:42:52 AM Ignore gvan Report Abuse "We also saw a gasoline station in California raise prices $6/gallon- that's right- six bucks per gallon- overnight! The price spotted was a whopping $8.87 per gallon at the Pasadena station, where motorists were apparently still filling up, according to a local news story." Hopefully, the state of California has an anti-gouging law and can fine this station owner far more than he/she gouged their customers.
Diesel_Ram Champion Author Dallas Posts:6,492 Points:1,516,510 Joined:Jan 2009	Message Posted: Feb 20, 2010 8:42:30 AM Ignore Diesel_Ram Report Abuse Prices at the pump are sure on the rise
Agabel Champion Author Colorado Springs Posts:2,575 Points:1,159,485 Joined:Aug 2005	Message Posted: Feb 20, 2010 8:40:55 AM Ignore Agabel Report Abuse starting to go up again. Prices had only dropped a few pennies for a short period of time
trojanbuck Champion Author Dayton Posts:8,230 Points:1,679,205 Joined:Aug 2007	Message Posted: Feb 20, 2010 8:40:48 AM Ignore trojanbuck Report Abuse How is it that nobody can see the "disconnect" between the price of gas vs. supply and demand as market manipulation?
bicycler Champion Author Ontario Posts:14,815 Points:2,598,445 Joined:May 2005	Message Posted: Feb 20, 2010 8:40:18 AM Ignore bicycler Report Abuse It looks quite obviously that the 'specdevils' are hitting the market in a big way! Of course that makes the oilbarons smile, because they can join in on the fun with their own greed! Some of us are so used to the 'fluxy' market that we belly up to the bar quietly. After all what control do we have and what does those we elect try to help. No one with any clout cares to face up to the problem!
CharlieC08 Champion Author Colorado Posts:8,077 Points:1,486,075 Joined:Oct 2008	Message Posted: Feb 20, 2010 8:40:02 AM Ignore CharlieC08 Report Abuse Prices around here are very steady.
CorvairHaven Champion Author Cleveland Posts:4,349 Points:1,452,215 Joined:Sep 2008	Message Posted: Feb 20, 2010 8:39:49 AM Ignore CorvairHaven Report Abuse It seems like postings (like this one last week) woke up the sleeping giant (Speedway) in the Midwest, causing it to raise prices 20 cents per gallon almost immediately after this article was posted. Don't do us any more favors, please... [Edited by: CorvairHaven at 2/20/2010 9:41:06 AM EST]
mysub Champion Author Las Vegas Posts:8,901 Points:2,328,515 Joined:Apr 2006	Message Posted: Feb 20, 2010 8:39:13 AM Ignore mysub Report Abuse Prices here have held steady or went down until yesterday when some stations started to go up a few cents again.
maske_2222 Champion Author Manitoba Posts:7,422 Points:1,500,005 Joined:Oct 2008	Message Posted: Feb 20, 2010 8:38:40 AM Ignore maske_2222 Report Abuse no change here, so far.