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Gas prices are falling, but this year saw record high prices

The Daily Caller -- Gas prices have been falling over the past month with the nationwide average hitting $3.391 a gallon today, according to GasBuddy.com. Yet prices are still higher than they were a year ago when the national average was $3.297.

Last week, it was reported that this year gas prices reached record-high levels at an average price of $3.63 a gallon so far this year. Last year, saw a record-high average gas price of $3.51.

“There’s no question that the national numbers were elevated by major supply problems in California over the summer and more recently on the East Coast when Hurricane Sandy delivered major flood damage and power outages at northeastern refineries,” said Gregg Laskoski, a GasBuddy.com analyst.

According to CNBC, gas prices are likely to remain volatile and continue to

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Submitted Dec 04, 2012 By: aservant

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Sneakers55 Champion Author Houston Posts:51,322 Points:2,144,900 Joined:Nov 2005	Message Posted: Dec 5, 2012 2:02:00 PM Ignore Sneakers55 Report Abuse On Dec 3, 2012 11:49:34 PM, Zonk wrote: >The consumer continues to have little control in regulating >the price at the pump. Does the consumer have ANY control in regulating the price at the pump?
blupupher Champion Author Houston Posts:3,555 Points:749,020 Joined:Feb 2011	Message Posted: Dec 5, 2012 7:06:28 AM Ignore blupupher Report Abuse no duh
remay Champion Author Houston Posts:6,973 Points:2,118,590 Joined:May 2006	Message Posted: Dec 5, 2012 5:57:51 AM Ignore remay Report Abuse And the point??? Can't the statements be made for just about EVERYTHING ELSE?
rahcat Champion Author Grand Rapids Posts:2,478 Points:664,150 Joined:Jan 2010	Message Posted: Dec 5, 2012 12:05:40 AM Ignore rahcat Report Abuse Not here.
Mota Sophomore Author Louisville Posts:102 Points:171,675 Joined:Mar 2006	Message Posted: Dec 4, 2012 11:19:06 AM Ignore Mota Report Abuse People are getting desensitized to the stagnated gas prices at this point... Tragedy.
doctorindyj Champion Author Santa Fe Posts:3,458 Points:840,785 Joined:Nov 2009	Message Posted: Dec 4, 2012 10:30:47 AM Ignore doctorindyj Report Abuse Blah Blah Blah. Hyper inflation by any other name...
brbaritone Champion Author Virginia Posts:2,068 Points:1,698,810 Joined:Jan 2007	Message Posted: Dec 4, 2012 10:13:01 AM Ignore brbaritone Report Abuse There is no justifiable reason for prices to be anywhere near this high. Demand is weak and supply is ample.
EvergreenON All-Star Author Ontario Posts:948 Points:484,665 Joined:Apr 2011	Message Posted: Dec 4, 2012 6:05:38 AM Ignore EvergreenON Report Abuse Who are taking out our money ?
Nancy&Len Champion Author Cleveland Posts:2,058 Points:1,946,790 Joined:Sep 2004	Message Posted: Dec 4, 2012 5:32:32 AM Ignore Nancy&Len Report Abuse Watch and see if we don't have $5.00-$6.00 a gallon by 2016.
humblepie Champion Author Toledo Posts:34,271 Points:2,372,345 Joined:Mar 2006	Message Posted: Dec 4, 2012 4:08:02 AM Ignore humblepie Report Abuse i expect 4 more years of these ever rising prices
flyank Veteran Author Miami Posts:358 Points:267,150 Joined:Jun 2009	Message Posted: Dec 4, 2012 3:36:46 AM Ignore flyank Report Abuse These articles make it sound like their is a rapid decline in gas prices...not!!
mpg611 Champion Author Cleveland Posts:2,345 Points:571,045 Joined:Apr 2011	Message Posted: Dec 4, 2012 2:09:01 AM Ignore mpg611 Report Abuse Hopefully in 2013 we'll have record LOW gas prices.
iFueler Champion Author Durham Posts:64,423 Points:180,250 Joined:Nov 2012	Message Posted: Dec 4, 2012 1:44:39 AM Ignore iFueler Report Abuse falling for how long
leeac Champion Author Ohio Posts:1,601 Points:434,880 Joined:Jan 2012	Message Posted: Dec 4, 2012 1:39:51 AM Ignore leeac Report Abuse Short term gasoline prices are down but the long term trend is up due to higher demand, higher costs of getting oi out of the ground and the lower value of the dollar (inflation).
el_fr Champion Author Massachusetts Posts:3,342 Points:746,425 Joined:Apr 2011	Message Posted: Dec 4, 2012 1:36:52 AM Ignore el_fr Report Abuse They still have a long way to drop.
MrLefty0706 Champion Author Chicago Posts:1,449 Points:352,810 Joined:Apr 2012	Message Posted: Dec 4, 2012 1:26:50 AM Ignore MrLefty0706 Report Abuse How many gas price rollercoaster rides before the speculators are regulated?
JohnofGB Champion Author Flint Posts:5,431 Points:1,098,145 Joined:Feb 2010	Message Posted: Dec 4, 2012 1:04:19 AM Ignore JohnofGB Report Abuse Crude wholesale price never got to the $140+ a barrel like it did several years ago but that did not stop big oil from keeping gasoline prices outrageously high.
TFowler513 Champion Author Memphis Posts:3,824 Points:1,414,860 Joined:Mar 2008	Message Posted: Dec 4, 2012 12:53:49 AM Ignore TFowler513 Report Abuse Pump prices continue to increase here!!!
BobD2009 Champion Author Long Island Posts:6,999 Points:1,241,735 Joined:Apr 2009	Message Posted: Dec 4, 2012 12:52:35 AM Ignore BobD2009 Report Abuse Still near $4 in NY.
CDMAuto Champion Author Connecticut Posts:3,798 Points:755,640 Joined:Apr 2011	Message Posted: Dec 4, 2012 12:52:33 AM Ignore CDMAuto Report Abuse still over $4.00 in many places in CT
Buddy2264 Champion Author Tampa Posts:11,664 Points:2,361,920 Joined:Oct 2005	Message Posted: Dec 4, 2012 12:51:45 AM Ignore Buddy2264 Report Abuse Supply and demand does not seem to lower the prices anymore. They just ship the finished fuels off to the highest bidder. We have to look for better MPG which we should have had long ago and good alternative energy sources.
bra0712 Champion Author Arizona Posts:3,670 Points:769,545 Joined:Nov 2008	Message Posted: Dec 4, 2012 12:51:06 AM Ignore bra0712 Report Abuse Next year will be a new record high
Zonk Champion Author Michigan Posts:6,491 Points:2,103,965 Joined:Oct 2005	Message Posted: Dec 4, 2012 12:49:34 AM Ignore Zonk Report Abuse The consumer continues to have little control in regulating the price at the pump.
Mowerman08 Champion Author Milwaukee Posts:4,765 Points:1,218,970 Joined:Aug 2008	Message Posted: Dec 4, 2012 12:47:32 AM Ignore Mowerman08 Report Abuse Gas drops pennies every 2 - 3 days, it will take a month to drop a quarter, it can go up that amount in 3 days.
graceman Champion Author Baltimore Posts:4,968 Points:1,158,725 Joined:Jun 2008	Message Posted: Dec 4, 2012 12:47:24 AM Ignore graceman Report Abuse They are still way to high!
CivicMA Champion Author Boston Posts:1,902 Points:536,170 Joined:Jun 2011	Message Posted: Dec 4, 2012 12:46:59 AM Ignore CivicMA Report Abuse Still high and 20cents/gal higher than US.
alterman156 Champion Author New York Posts:7,495 Points:1,558,725 Joined:Dec 2008	Message Posted: Dec 4, 2012 12:44:33 AM Ignore alterman156 Report Abuse Gasoline prices are still high in my area, but they're lower than they were during much of the summer.
Kawibiker Champion Author Illinois Posts:1,175 Points:205,575 Joined:May 2012	Message Posted: Dec 4, 2012 12:43:23 AM Ignore Kawibiker Report Abuse too high for no good reason is rite!
must87searcher Champion Author Maryland Posts:8,987 Points:1,781,425 Joined:Apr 2008	Message Posted: Dec 4, 2012 12:43:03 AM Ignore must87searcher Report Abuse Unfortunetly, we have to sit up and face it.
rtw777 Champion Author Florida Posts:9,401 Points:1,842,970 Joined:Jan 2008	Message Posted: Dec 4, 2012 12:41:06 AM Ignore rtw777 Report Abuse Very high for no good reason.
TxDaleJr88Fan Champion Author College Station Posts:4,094 Points:327,625 Joined:Jun 2012	Message Posted: Dec 4, 2012 12:36:25 AM Ignore TxDaleJr88Fan Report Abuse Like I didn't notice.
69Bonne Champion Author Gary Posts:1,160 Points:475,100 Joined:Sep 2005	Message Posted: Dec 4, 2012 12:36:21 AM Ignore 69Bonne Report Abuse Still hard to predict.
BCM1 Champion Author Pennsylvania Posts:1,864 Points:782,995 Joined:Jun 2007	Message Posted: Dec 4, 2012 12:34:03 AM Ignore BCM1 Report Abuse $3.55 per gallon is not falling. It needs to be back at 1.65 per gallon to get the US going again.
quasar502 Champion Author Lansing Posts:3,588 Points:802,325 Joined:Jan 2011	Message Posted: Dec 4, 2012 12:33:13 AM Ignore quasar502 Report Abuse Sucks don't it?
PCWHIZ All-Star Author Denver Posts:579 Points:441,370 Joined:May 2004	Message Posted: Dec 4, 2012 12:32:43 AM Ignore PCWHIZ Report Abuse Gas prices never fall as fast as they rise.
Goat2008 Champion Author Ontario Posts:1,160 Points:828,120 Joined:Aug 2008	Message Posted: Dec 4, 2012 12:30:57 AM Ignore Goat2008 Report Abuse ok
heartbroken2010 Champion Author Ottawa Posts:4,354 Points:898,885 Joined:Aug 2010	Message Posted: Dec 4, 2012 12:30:31 AM Ignore heartbroken2010 Report Abuse this is like rolling the dice on a daily basis, sometimes you win, sometimes you lose.
FortVancouver01 Champion Author Washington Posts:1,170 Points:288,795 Joined:Jul 2012	Message Posted: Dec 4, 2012 12:29:01 AM Ignore FortVancouver01 Report Abuse Up 10 down 5, up 15 and down 7, up 20 and down 12 and call it a free fall.
obimerrill Champion Author Cincinnati Posts:1,445 Points:290,690 Joined:Jul 2012	Message Posted: Dec 4, 2012 12:28:42 AM Ignore obimerrill Report Abuse They're falling because no one is driving as much out of fear of the fiscal cliff due to the idiots in Washington, led by the idiot in chief
pa79th Champion Author Pennsylvania Posts:1,792 Points:1,218,050 Joined:Jun 2007	Message Posted: Dec 4, 2012 12:28:30 AM Ignore pa79th Report Abuse No falling here. Is this more BS from the Obama White House?
1Boog Champion Author Lincoln Posts:5,986 Points:1,203,550 Joined:May 2004	Message Posted: Dec 4, 2012 12:25:40 AM Ignore 1Boog Report Abuse not sure where they are falling!!
Cashless Champion Author Akron Posts:3,525 Points:736,030 Joined:Apr 2011	Message Posted: Dec 4, 2012 12:24:52 AM Ignore Cashless Report Abuse Record rip off? = True!
Bleeder Champion Author Virginia Posts:8,038 Points:1,700,375 Joined:Jan 2008	Message Posted: Dec 4, 2012 12:24:29 AM Ignore Bleeder Report Abuse They should be in free fall right now.
10k Champion Author North Carolina Posts:21,267 Points:2,255,970 Joined:May 2006	Message Posted: Dec 4, 2012 12:23:28 AM Ignore 10k Report Abuse falling from what ??.. there is a huge difference in prices falling from $1.00, or even that magic $2.00 mark, than falling from the extortion level of $3.00+
crreed1 Champion Author West Virginia Posts:1,995 Points:2,528,285 Joined:May 2005	Message Posted: Dec 4, 2012 12:22:36 AM Ignore crreed1 Report Abuse dropping slow here
MN1 Champion Author Twin Cities Posts:3,364 Points:651,565 Joined:Jun 2011	Message Posted: Dec 4, 2012 12:22:30 AM Ignore MN1 Report Abuse Same old crap and prices are still too high.
wshokie12 Champion Author Winston-Salem Posts:1,330 Points:217,760 Joined:Aug 2012	Message Posted: Dec 4, 2012 12:21:45 AM Ignore wshokie12 Report Abuse Okay
ican2step Champion Author Pittsburgh Posts:1,691 Points:429,350 Joined:Feb 2012	Message Posted: Dec 4, 2012 12:21:23 AM Ignore ican2step Report Abuse Oh and I trust CNBC totally...NOT
GAS1251 Champion Author Texas Posts:5,158 Points:1,628,180 Joined:Jun 2008	Message Posted: Dec 4, 2012 12:21:23 AM Ignore GAS1251 Report Abuse Nothing new here
Bigwaynef Champion Author South Carolina Posts:11,487 Points:2,082,710 Joined:Dec 2006	Message Posted: Dec 4, 2012 12:18:17 AM Ignore Bigwaynef Report Abuse Just found out, Obamass says it's Bush's fault!!!