Not Logged In Log In   Sign Up   Points Leaders
Follow Us    10:00 PM

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:5,617
Points:2,517,150
Joined:Mar 2003
Message Posted: Dec 11, 2012 10:44:24 AM

Please plummet in Atlanta!
Profile Pic
mrpc90
Champion Author Illinois

Posts:10,815
Points:2,604,285
Joined:Dec 2004
Message Posted: Dec 11, 2012 8:43:10 AM

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

Posts:9,645
Points:2,798,165
Joined:May 2006
Message Posted: Dec 11, 2012 6:49:37 AM

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

Posts:270
Points:300,795
Joined:Jul 2011
Message Posted: Dec 11, 2012 4:39:12 AM

Ok
Profile Pic
DrCashFlow
Champion Author Massachusetts

Posts:9,837
Points:2,298,260
Joined:Jun 2008
Message Posted: Dec 11, 2012 2:58:39 AM

next recession imminent
Profile Pic
packards42
Champion Author Washington

Posts:9,070
Points:1,716,220
Joined:Feb 2005
Message Posted: Dec 11, 2012 2:02:26 AM

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

Posts:4,293
Points:1,039,610
Joined:Apr 2012
Message Posted: Dec 11, 2012 1:46:41 AM

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

Posts:755
Points:923,170
Joined:Jul 2004
Message Posted: Dec 11, 2012 1:09:42 AM

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

Posts:6,975
Points:1,174,735
Joined:May 2007
Message Posted: Dec 11, 2012 1:06:00 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:198
Points:825,670
Joined:Jul 2011
Message Posted: Dec 11, 2012 12:36:50 AM

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 11, 2012 12:13:30 AM

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 11, 2012 12:12:59 AM

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

Posts:7,225
Points:1,588,560
Joined:Aug 2010
Message Posted: Dec 11, 2012 12:09:02 AM

stay down.
Profile Pic
getalong
Champion Author California

Posts:2,407
Points:431,405
Joined:Aug 2007
Message Posted: Dec 11, 2012 12:06:20 AM

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

Posts:517
Points:799,790
Joined:Jul 2011
Message Posted: Dec 11, 2012 12:06:19 AM

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

Posts:5,610
Points:1,354,775
Joined:Jan 2010
Message Posted: Dec 11, 2012 12:05:15 AM

Where?
Profile Pic
cheaper0ON
Champion Author Ontario

Posts:3,849
Points:1,088,155
Joined:Jan 2012
Message Posted: Dec 11, 2012 12:01:30 AM

Good.
Profile Pic
joeschmo12
Champion Author New York

Posts:1,393
Points:383,705
Joined:Mar 2012
Message Posted: Dec 11, 2012 12:00:11 AM

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 11:54:29 PM

Holiday, schmoliday.
Profile Pic
VikingWoman
Champion Author Washington

Posts:4,238
Points:917,855
Joined:May 2012
Message Posted: Dec 10, 2012 11:53:58 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:10,363
Points:2,069,050
Joined:May 2005
Message Posted: Dec 10, 2012 11:53:13 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:81,580
Joined:Oct 2012
Message Posted: Dec 10, 2012 11:46:34 PM

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

Posts:26
Points:90,200
Joined:Feb 2004
Message Posted: Dec 10, 2012 11:44:57 PM

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

Posts:3,824
Points:2,023,735
Joined:Mar 2008
Message Posted: Dec 10, 2012 11:42:28 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:4,074
Points:1,882,420
Joined:Apr 2008
Message Posted: Dec 10, 2012 11:42:15 PM

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

Posts:11,428
Points:2,380,895
Joined:May 2008
Message Posted: Dec 10, 2012 11:40:49 PM

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

Posts:7,593
Points:1,209,675
Joined:Jul 2011
Message Posted: Dec 10, 2012 11:40:10 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:7,096
Points:2,525,810
Joined:Aug 2005
Message Posted: Dec 10, 2012 11:38:25 PM

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

Posts:10,767
Points:2,253,015
Joined:Nov 2008
Message Posted: Dec 10, 2012 11:37:57 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:3,418
Points:1,165,005
Joined:Sep 2011
Message Posted: Dec 10, 2012 11:33:30 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 11:33:07 PM

OK
Profile Pic
gasmack
Champion Author Ventura

Posts:3,771
Points:1,301,880
Joined:Feb 2011
Message Posted: Dec 10, 2012 11:32:42 PM

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

Posts:770
Points:1,049,195
Joined:Aug 2008
Message Posted: Dec 10, 2012 11:29:04 PM

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

Posts:11,050
Points:2,372,020
Joined:Aug 2008
Message Posted: Dec 10, 2012 11:24:16 PM

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

Posts:6,124
Points:1,483,475
Joined:Dec 2010
Message Posted: Dec 10, 2012 11:24:09 PM

good
Profile Pic
pacecar68
Champion Author Oakland

Posts:5,375
Points:1,124,860
Joined:Jan 2007
Message Posted: Dec 10, 2012 11:22:21 PM

i like it!
Profile Pic
s6sputnik
Champion Author Austin

Posts:7,708
Points:1,929,965
Joined:Jun 2007
Message Posted: Dec 10, 2012 11:22:02 PM

Yup!
Profile Pic
1Boog
Champion Author Lincoln

Posts:8,598
Points:1,835,375
Joined:May 2004
Message Posted: Dec 10, 2012 11:15:00 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:10,727
Points:2,380,400
Joined:Jan 2008
Message Posted: Dec 10, 2012 11:13:48 PM

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

Posts:3,356
Points:1,788,235
Joined:Jul 2007
Message Posted: Dec 10, 2012 11:13:12 PM

OK
Profile Pic
Prodaddy
Champion Author Houston

Posts:11,217
Points:2,577,345
Joined:May 2007
Message Posted: Dec 10, 2012 11:13:01 PM

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

Posts:5,981
Points:1,778,435
Joined:Dec 2009
Message Posted: Dec 10, 2012 11:11:18 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:10,790
Points:2,374,085
Joined:Apr 2005
Message Posted: Dec 10, 2012 11:10:44 PM

very nice present!
Profile Pic
wayoung56
Champion Author Alabama

Posts:5,565
Points:1,492,460
Joined:Oct 2006
Message Posted: Dec 10, 2012 11:08:34 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:20,403
Points:4,160,630
Joined:Jul 2003
Message Posted: Dec 10, 2012 11:07:40 PM

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

Posts:11,020
Points:2,341,910
Joined:Nov 2007
Message Posted: Dec 10, 2012 11:07:26 PM

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

Posts:8,460
Points:2,202,715
Joined:Oct 2008
Message Posted: Dec 10, 2012 11:06:42 PM

good
Profile Pic
iamforiu
Champion Author Indiana

Posts:6,484
Points:1,402,140
Joined:May 2011
Message Posted: Dec 10, 2012 11:02:49 PM

Drill baby drill
Profile Pic
drz614
Champion Author Harrisburg

Posts:5,227
Points:1,290,115
Joined:Aug 2011
Message Posted: Dec 10, 2012 10:59:00 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:11,689
Points:2,532,405
Joined:Aug 2005
Message Posted: Dec 10, 2012 10:58:39 PM

Keep it going.
Profile Pic
NorthglennBill
Champion Author Denver

Posts:10,191
Points:2,144,525
Joined:Oct 2008
Message Posted: Dec 10, 2012 10:58:24 PM

It wasn't very long ago that we all thought $3.00 a gallon for fuel was right through the roof. Interesting how our point of view has changed so quickly.
Post a reply Back to Topics