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GasBuddy News Article

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Gasoline prices soon to hit low point for 2012

Wall Street Journal -- Gas prices will soon drop to their lowest level of the year.

By Monday, the national average should fall below the $3.28 a gallon that drivers paid on Jan. 1, according to analysts. The drop is a gift for those hitting the road during what is expected to be the busiest Christmas travel season in six years.

Still, it's more like a stocking stuffer. That's because for the second straight year, Americans will spend a record amount on gasoline. The government estimates that gas averaged $3.63 a gallon this year, 10 cents above the record set a year ago.

Drivers can only hope that forecasts for lower prices next year come true.

A combination of high oil prices and supply shortages caused by refinery and pipeline problems kept gas prices elevated for most of the year. The national average hi


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Submitted Dec 15, 2012 By: skb69sa
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Author Topic: Gasoline prices soon to hit low point for 2012 Back to Topics
REPLIES (newest first) Post a Reply
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gs7101
Champion Author San Antonio

Posts:7,765
Points:531,220
Joined:Jun 2009
Message Posted: Dec 16, 2012 8:51:23 AM

Whatever the price, it will be too damn high!
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honda0105
Champion Author Tallahassee

Posts:22,486
Points:2,119,890
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Message Posted: Dec 16, 2012 7:46:00 AM

one report says gas soon up to $8/gal, this says it'll drop.

Frankly, I don't believe either.
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tomok
Champion Author Portland

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Message Posted: Dec 16, 2012 3:10:20 AM

Gasoline prices soon to hit low point for 2012? NO - say it isn't so! Lower fuel prices for the economy to recover that much faster than what 'coming out of the closet' Sneeky will ever do for this country. 'Coming out of the closet' Sneeky's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the jobs are Not here. Sneeky's economy is not improving but continues to hurt the population at large and the job numbers continue to be down!
There is one ARCO gas station here at $2.99/gal and may many more fuel prices follow to much more reasonable levels!
The price at the pump needs to go down to $2/gallon, *$3, *$3.50/gallon or *$4.00 is Not the new low!
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!
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NedW
Champion Author Indianapolis

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Message Posted: Dec 16, 2012 3:07:49 AM

Do I hear, "$1.999/gal. and dropping?
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SkooterG
Champion Author Phoenix

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Message Posted: Dec 16, 2012 2:57:03 AM

At least it's some good news for a change.
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danindenver
Champion Author Denver

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Points:1,729,330
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Message Posted: Dec 16, 2012 1:36:20 AM

I'm pretty sure that there are better things to worry about than the fact that the gas prices keep going up and down.

They've been doing it all my life and then some.
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crreed1
Champion Author West Virginia

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Message Posted: Dec 16, 2012 12:14:07 AM

old news
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snky2k
Champion Author Indianapolis

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Message Posted: Dec 16, 2012 12:13:33 AM

That's a good way to start the new year!
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PaylessKY
Champion Author Kentucky

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Message Posted: Dec 16, 2012 12:09:32 AM

Lowest gas price of the year is good. I would like to see it at the lowest price of this century.
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malfrog1
Champion Author South Bend

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Message Posted: Dec 16, 2012 12:09:13 AM

Do you think it is close to the end of the year
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boatfloyd
Champion Author Jacksonville

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Message Posted: Dec 16, 2012 12:07:03 AM

Keep Falling
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Glock26
Champion Author Dayton

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Message Posted: Dec 16, 2012 12:06:08 AM

Outstanding!!!
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cheaper0ON
Champion Author Ontario

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Message Posted: Dec 16, 2012 12:05:35 AM

Hopefully!!!
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unicornpmb
Champion Author Buffalo

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Message Posted: Dec 16, 2012 12:05:30 AM

Don't stop there.
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naspa
Champion Author Cleveland

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Message Posted: Dec 16, 2012 12:05:17 AM

We'll see - or at least the onse surviving " the end" lol
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rahcat
Champion Author Grand Rapids

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Message Posted: Dec 16, 2012 12:04:51 AM

Need to go much lower.
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CarefreeVT
Champion Author Burlington

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Message Posted: Dec 16, 2012 12:04:33 AM

old news... soon to be heading back up...
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LocalSpyGuy
Champion Author Tampa

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Message Posted: Dec 16, 2012 12:04:07 AM

but overall higher than 2011
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Cashless
Champion Author Akron

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Message Posted: Dec 16, 2012 12:04:06 AM

Merry Christmas.... Here's a few pennies.
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keithyoon1977
Champion Author Virginia

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Message Posted: Dec 16, 2012 12:03:40 AM

ok
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Geo4564
Champion Author Nevada

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Message Posted: Dec 16, 2012 12:02:03 AM

keep dropping!
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ManOfLeisureII
Champion Author Philadelphia

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Message Posted: Dec 16, 2012 12:01:52 AM

Old news
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JasTheAce
Champion Author Raleigh

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Message Posted: Dec 16, 2012 12:01:52 AM

yeee
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JaegerWMeister
Champion Author Twin Cities

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Message Posted: Dec 15, 2012 11:59:10 PM

At the end of 1Q 2013 we'll see
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clermont40miles
Champion Author Cincinnati

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Message Posted: Dec 15, 2012 11:56:29 PM

Gas prices have been sky high most of 2012 so not hard to believe around $3 is the "low" for the year. It's still high at that rate.
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suzmar
Champion Author Texas

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Message Posted: Dec 15, 2012 11:56:00 PM

Gasoline prices are not that cheap. This administration can not manage a coherent energy policy.
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Number43
Champion Author Lexington

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Message Posted: Dec 15, 2012 11:52:20 PM

Then speculation will take over and up , up and away.
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NAVYHM
All-Star Author Cleveland

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Message Posted: Dec 15, 2012 11:46:34 PM

OK...
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Tekkersmom57
Champion Author Syracuse

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Message Posted: Dec 15, 2012 11:46:20 PM

Gas prices should be lower than they presently are because oil is over $10/barrel less than last year, yet we continue to have higher gas prices when they should be lower.
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RAC110
Champion Author Massachusetts

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Message Posted: Dec 15, 2012 11:46:18 PM

will wait and see what happens as we have heard these stories before
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kymechanic
Champion Author Kentucky

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Message Posted: Dec 15, 2012 11:45:16 PM

Every little bit helps.
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after10
All-Star Author Hamilton

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Message Posted: Dec 15, 2012 11:43:45 PM

Yup, and I predict it will be a sunny day if it dosent rain!
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Is246
Champion Author Albuquerque

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Message Posted: Dec 15, 2012 11:43:40 PM

Its still too high.
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hank1326
Champion Author Los Angeles

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Message Posted: Dec 15, 2012 11:41:58 PM

Spending over $50 to fill up the tank is no bargain!!
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humancry
Champion Author Michigan

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Message Posted: Dec 15, 2012 11:40:24 PM

yeah right
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DimitrisIL
Champion Author Chicago

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Message Posted: Dec 15, 2012 11:34:27 PM

Can't wait although the price difference between regular, medium, and premium is now +20 and +30 instead of +10 and +10
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Harry813
Champion Author Iowa

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Message Posted: Dec 15, 2012 11:34:02 PM

Sad that $3 is a low point :(
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vibdata
Champion Author Massachusetts

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Message Posted: Dec 15, 2012 11:32:25 PM

Wrong headline. Should be: Gas prices soon to soar because BIG OIL wants to rip you for their Christmas present.
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Dodge_Me
Champion Author Atlanta

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Message Posted: Dec 15, 2012 11:30:29 PM

About time, still needs to drop more
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bobcatfan
Champion Author Kentucky

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Points:1,080,530
Joined:Apr 2011
Message Posted: Dec 15, 2012 11:30:19 PM

"A combination of high oil prices and supply shortages caused by refinery and pipeline problems kept gas prices elevated for most of the year."

All of which were manufactured reasons by the oil companies to keep the price high. Were they investigated? NO! The attempts by the Justice Department are blocked by Republican Senators.
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tco9436
Champion Author Connecticut

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Message Posted: Dec 15, 2012 11:25:47 PM

Bring IT!
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BREW9
Champion Author Tampa

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Joined:Jun 2004
Message Posted: Dec 15, 2012 11:24:44 PM

good
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tdc007
Champion Author Lexington

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Joined:Feb 2012
Message Posted: Dec 15, 2012 11:23:50 PM

Why not lowest since 2000?
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5Golfer8
Champion Author Tucson

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Joined:Jun 2011
Message Posted: Dec 15, 2012 11:22:13 PM

Still three times too high.
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PoohMcGoo
Champion Author Alabama

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Message Posted: Dec 15, 2012 11:21:03 PM

Won't fall low enough to offset these Obama care taxes and extra costs of other goods due to it.
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Dragnet
Champion Author Arizona

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Message Posted: Dec 15, 2012 11:20:56 PM

These promises have been going on since July/August and still haven't happened
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fuelsaverMN
Champion Author Twin Cities

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Message Posted: Dec 15, 2012 11:19:30 PM

It will help our economy.
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rjoeh
Champion Author Michigan

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Message Posted: Dec 15, 2012 11:19:25 PM

And 2013 will be uphill from there. Enjoy these prices now... as I suspect after January 1... we will never see them again.
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fuelsaverMN
Champion Author Twin Cities

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Points:559,080
Joined:Mar 2011
Message Posted: Dec 15, 2012 11:19:09 PM

We need gas prices to be $2.00 a gallon.
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fuelsaverMN
Champion Author Twin Cities

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Points:559,080
Joined:Mar 2011
Message Posted: Dec 15, 2012 11:18:27 PM

Yes...for how long?
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