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GasBuddy News Article

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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
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Gas prices are falling, but this year saw record high prices Back to Topics
REPLIES (newest first) Post a Reply
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Sneakers55
Champion Author Houston

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Points:2,547,260
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Message Posted: Dec 5, 2012 2:02:00 PM

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?
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blupupher
Champion Author Houston

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Message Posted: Dec 5, 2012 7:06:28 AM

no duh
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remay
Champion Author Houston

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Message Posted: Dec 5, 2012 5:57:51 AM

And the point???

Can't the statements be made for just about EVERYTHING ELSE?
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rahcat
Champion Author Grand Rapids

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Message Posted: Dec 5, 2012 12:05:40 AM

Not here.
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Mota
Sophomore Author Louisville

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Message Posted: Dec 4, 2012 11:19:06 AM

People are getting desensitized to the stagnated gas prices at this point... Tragedy.
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doctorindyj
Champion Author Santa Fe

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Message Posted: Dec 4, 2012 10:30:47 AM

Blah Blah Blah. Hyper inflation by any other name...
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brbaritone
Champion Author Virginia

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Message Posted: Dec 4, 2012 10:13:01 AM

There is no justifiable reason for prices to be anywhere near this high. Demand is weak and supply is ample.
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EvergreenON
Champion Author Ontario

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Message Posted: Dec 4, 2012 6:05:38 AM

Who are taking out our money ?
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Nancy&Len
Champion Author Cleveland

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Message Posted: Dec 4, 2012 5:32:32 AM

Watch and see if we don't have $5.00-$6.00 a gallon by 2016.
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humblepie
Champion Author Toledo

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Message Posted: Dec 4, 2012 4:08:02 AM

i expect 4 more years of these ever rising prices
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flyank
Veteran Author Miami

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Message Posted: Dec 4, 2012 3:36:46 AM

These articles make it sound like their is a rapid decline in gas prices...not!!
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mpg611
Champion Author Cleveland

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Message Posted: Dec 4, 2012 2:09:01 AM

Hopefully in 2013 we'll have record LOW gas prices.
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iFueler
Champion Author Durham

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Message Posted: Dec 4, 2012 1:44:39 AM

falling for how long
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leeac
Champion Author Ohio

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Message Posted: Dec 4, 2012 1:39:51 AM

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).
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el_fr
Champion Author Massachusetts

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Message Posted: Dec 4, 2012 1:36:52 AM

They still have a long way to drop.
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MrLefty0706
Champion Author Chicago

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Message Posted: Dec 4, 2012 1:26:50 AM

How many gas price rollercoaster rides before the speculators are regulated?
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JohnofGB
Champion Author Flint

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Message Posted: Dec 4, 2012 1:04:19 AM

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.
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TFowler513
Champion Author Memphis

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Message Posted: Dec 4, 2012 12:53:49 AM

Pump prices continue to increase here!!!
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BobD2009
Champion Author Long Island

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Message Posted: Dec 4, 2012 12:52:35 AM

Still near $4 in NY.
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CDMAuto
Champion Author Connecticut

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Message Posted: Dec 4, 2012 12:52:33 AM

still over $4.00 in many places in CT
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Buddy2264
Champion Author Tampa

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Message Posted: Dec 4, 2012 12:51:45 AM

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.
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bra0712
Champion Author Arizona

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Message Posted: Dec 4, 2012 12:51:06 AM

Next year will be a new record high
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Zonk
Champion Author Michigan

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Message Posted: Dec 4, 2012 12:49:34 AM

The consumer continues to have little control in regulating the price at the pump.
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Mowerman08
Champion Author Milwaukee

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Message Posted: Dec 4, 2012 12:47:32 AM

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.
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graceman
Champion Author Baltimore

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Message Posted: Dec 4, 2012 12:47:24 AM

They are still way to high!
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CivicMA
Champion Author Boston

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Message Posted: Dec 4, 2012 12:46:59 AM

Still high and 20cents/gal higher than US.
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alterman156
Champion Author New York

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Message Posted: Dec 4, 2012 12:44:33 AM

Gasoline prices are still high in my area, but they're lower than they were during much of the summer.
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Kawibiker
Champion Author Illinois

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Message Posted: Dec 4, 2012 12:43:23 AM

too high for no good reason is rite!
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must87searcher
Champion Author Maryland

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Message Posted: Dec 4, 2012 12:43:03 AM

Unfortunetly, we have to sit up and face it.
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rtw777
Champion Author Florida

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Message Posted: Dec 4, 2012 12:41:06 AM

Very high for no good reason.
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TxDaleJr88Fan
Champion Author College Station

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Message Posted: Dec 4, 2012 12:36:25 AM

Like I didn't notice.
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69Bonne
Champion Author Gary

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Message Posted: Dec 4, 2012 12:36:21 AM

Still hard to predict.
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BCM1
Champion Author Pennsylvania

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Message Posted: Dec 4, 2012 12:34:03 AM

$3.55 per gallon is not falling. It needs to be back at 1.65 per gallon to get the US going again.
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quasar502
Champion Author Lansing

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Message Posted: Dec 4, 2012 12:33:13 AM

Sucks don't it?
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PCWHIZ
Champion Author Denver

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Message Posted: Dec 4, 2012 12:32:43 AM

Gas prices never fall as fast as they rise.
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Goat2008
Champion Author Ontario

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Message Posted: Dec 4, 2012 12:30:57 AM

ok
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heartbroken2010
Champion Author Ottawa

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Message Posted: Dec 4, 2012 12:30:31 AM

this is like rolling the dice on a daily basis, sometimes you win, sometimes you lose.
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FortVancouver01
Champion Author Washington

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Message Posted: Dec 4, 2012 12:29:01 AM


Up 10 down 5, up 15 and down 7, up 20 and down 12 and call it a free fall.

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obimerrill
Champion Author Cincinnati

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Message Posted: Dec 4, 2012 12:28:42 AM

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
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pa79th
Champion Author Pennsylvania

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Message Posted: Dec 4, 2012 12:28:30 AM

No falling here. Is this more BS from the Obama White House?
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1Boog
Champion Author Lincoln

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Message Posted: Dec 4, 2012 12:25:40 AM

not sure where they are falling!!
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Cashless
Champion Author Akron

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Message Posted: Dec 4, 2012 12:24:52 AM

Record rip off? = True!
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Bleeder
Champion Author Virginia

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Message Posted: Dec 4, 2012 12:24:29 AM

They should be in free fall right now.
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10k
Champion Author North Carolina

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Joined:May 2006
Message Posted: Dec 4, 2012 12:23:28 AM

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+
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crreed1
Champion Author West Virginia

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Message Posted: Dec 4, 2012 12:22:36 AM

dropping slow here
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MN1
Champion Author Twin Cities

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Message Posted: Dec 4, 2012 12:22:30 AM

Same old crap and prices are still too high.
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wshokie12
Champion Author Winston-Salem

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Message Posted: Dec 4, 2012 12:21:45 AM

Okay
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ican2step
Champion Author Pittsburgh

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Message Posted: Dec 4, 2012 12:21:23 AM

Oh and I trust CNBC totally...NOT
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GAS1251
Champion Author Texas

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Message Posted: Dec 4, 2012 12:21:23 AM

Nothing new here
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Bigwaynef
Champion Author South Carolina

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Message Posted: Dec 4, 2012 12:18:17 AM

Just found out, Obamass says it's Bush's fault!!!
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