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GasBuddy News Article


Gas prices put the pinch on
Sunday, May 11, 2008
Kingman Miner -- KINGMAN - In these dark days where $4 a gallon for gas isn't an unrealistic nightmare, but an accepted eventuality, no news is usually good news where the pump is concerned. Unfortunately, we've got news. The Department of Energy this week released a revised outlook for both gasoline and crude oil prices over the coming months. The good news is, gas prices are expected to peak, as they typically do, in early June - at about $3.73 nationwide for a gallon of regular unleaded. After that, prices will level off to an average $3.52 a gallon for the remainder of the year.

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JT
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Message Posted: 5/11/2008 6:29:32 AM  Ignore JT Report Abuse
Sunday, May 11, 2008
Kingman Miner -- KINGMAN - In these dark days where $4 a gallon for gas isn't an unrealistic nightmare, but an accepted eventuality, no news is usually good news where the pump is concerned. Unfortunately, we've got news. The Department of Energy this week released a revised outlook for both gasoline and crude oil prices over the coming months. The good news is, gas prices are expected to peak, as they typically do, in early June - at about $3.73 nationwide for a gallon of regular unleaded. After that, prices will level off to an average $3.52 a gallon for the remainder of the year.

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REPLIES (newest first) Page:  First Prev [ 1 ] 2 3 4 Next Last
POLELANE
All-Star Author
Ohio

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Message Posted: 5/12/2008 10:18:30 AM  Ignore POLELANE Report Abuse
you type very well while riding a bike
uksqueeze
All-Star Author
San Jose

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Message Posted: 5/12/2008 9:01:02 AM  Ignore uksqueeze Report Abuse
I feel exhilarated! I'm riding my bike.
mmproteus
Rookie Author
Ohio

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Message Posted: 5/12/2008 9:00:57 AM  Ignore mmproteus Report Abuse
Actually the original poster was the one who said "as soon as the sumer holidays are over it'll drop back down!..." I was commenting on the logical inconsistency within his own statement.

Seasonal variation can affect demand/supply/price. There are many other factors which can amplify, mitigate or overwhelm such trends.
AlaRedNeck
Sophomore Author
Kansas

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Message Posted: 5/12/2008 8:50:35 AM  Ignore AlaRedNeck Report Abuse
So using your logic mmproteus, shouldn't prices go back down at the end of summer when demand DECREASES?
pboxerfg
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Portland

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Message Posted: 5/12/2008 8:48:41 AM  Ignore pboxerfg Report Abuse
And with Bush in charge, this is "legal".
patbob56
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Allentown

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Message Posted: 5/12/2008 8:47:54 AM  Ignore patbob56 Report Abuse
pinch, pinch pinch
mmproteus
Rookie Author
Ohio

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Message Posted: 5/12/2008 8:44:02 AM  Ignore mmproteus Report Abuse
"...during the peak driving season, prices will soar, but as soon as the sumer holidays are over it'll drop back down!... Everyone knows oil companies artificially inflate prices during summer."

This guy thinks that price increases during peak demand are artificial. Oil companies (like all companies) charge what the market will bear. When demand goes up, more people are willing to pay higher prices. This is natural not artificial. Let's all work together to verify the logical consistency of our posts. Thanks in advance!
nyacoub1
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Chicago

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Message Posted: 5/12/2008 8:43:30 AM  Ignore nyacoub1 Report Abuse
duhh...
bowler48226
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Detroit

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Message Posted: 5/12/2008 8:42:33 AM  Ignore bowler48226 Report Abuse
Old news.
TBoneSoCA
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Orange County

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Message Posted: 5/12/2008 8:41:43 AM  Ignore TBoneSoCA Report Abuse
I feel screwed
jvt666
All-Star Author
California

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Message Posted: 5/12/2008 8:39:27 AM  Ignore jvt666 Report Abuse
Everyone is feeling the pinch; not just drivers!
deejai
Champion Author
Florida

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Message Posted: 5/12/2008 8:39:24 AM  Ignore deejai Report Abuse
I feel stomped on.
ramshot412
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Riverside

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Message Posted: 5/12/2008 8:37:26 AM  Ignore ramshot412 Report Abuse
Pinch doesn't seem to express it adequately, more like squeeze.
uksqueeze
All-Star Author
San Jose

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Message Posted: 5/12/2008 8:34:12 AM  Ignore uksqueeze Report Abuse
"$4 a gallon for gas isn't an unrealistic nightmare, but an accepted eventuality" Yes, and it has been coming for years....
socalusra
Veteran Author
California

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Message Posted: 5/12/2008 8:32:53 AM  Ignore socalusra Report Abuse
just paid 30c less in NV and was told by my wife who is visiting in SD that there paying just 3.49
Scion08Xb
Rookie Author
Arkansas

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Message Posted: 5/12/2008 8:32:21 AM  Ignore Scion08Xb Report Abuse
it must be nice to be able to have money for fuel now a days. I know i don't
iluna
Sophomore Author
Colorado Springs

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Message Posted: 5/12/2008 8:31:14 AM  Ignore iluna Report Abuse
I've never let anyone "pinch" me before. Why can't I stop it now? Sorry b****rds!!
This article sounds like the writer thinks $3.52 a gallon is just fine. What a sap!!
luv2sleep
All-Star Author
Riverside

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Message Posted: 5/12/2008 8:30:03 AM  Ignore luv2sleep Report Abuse
I posted $3.93 for gas and 4.79 for diesel yesterday. The same today. There was another price increase? Pinch on, Pinch on.
easybuddy
Rookie Author
Illinois

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Message Posted: 5/12/2008 8:28:46 AM  Ignore easybuddy Report Abuse
people should have put the "pinch" on years ago
93probeguy
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Little Rock

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Message Posted: 5/12/2008 8:24:51 AM  Ignore 93probeguy Report Abuse
like the movie"Dan In Real Life," when he's filling up his car, the kids are inside with the windows down. He saying their names and saying "their goes so and so's collage fund. I don't have kids(yet) and am worried if I do, how am i going to do it.
NavyEOD
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Los Angeles

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Message Posted: 5/12/2008 8:24:06 AM  Ignore NavyEOD Report Abuse
More like a slap in the face.
ts08
Rookie Author
New Jersey

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Message Posted: 5/12/2008 8:23:54 AM  Ignore ts08 Report Abuse
keep rubbing it in...media has nothing better to talk/write about
LateNight
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Ontario

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Message Posted: 5/12/2008 8:23:41 AM  Ignore LateNight Report Abuse
Blame the Goverment for creating this mess
1shot
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Dallas

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Message Posted: 5/12/2008 8:23:00 AM  Ignore 1shot Report Abuse
yeah, right!
Zinnoil
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Illinois

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Message Posted: 5/12/2008 8:22:09 AM  Ignore Zinnoil Report Abuse
$3.84 for corn ethanol is cheapest here with real gas higher.
weenerdog
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Detroit

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Message Posted: 5/12/2008 8:21:52 AM  Ignore weenerdog Report Abuse
These prices are outrageous
FuelGrinch
Sophomore Author
Kansas

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Message Posted: 5/12/2008 8:19:27 AM  Ignore FuelGrinch Report Abuse
Boring....
srtdc
Rookie Author
Lincoln

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Message Posted: 5/12/2008 8:16:57 AM  Ignore srtdc Report Abuse
How many articles can we find that use the word pinch?
44Irish
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Ontario

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Message Posted: 5/12/2008 8:16:47 AM  Ignore 44Irish Report Abuse
More pinching?
CyanSquirrel
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Virginia

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Message Posted: 5/12/2008 8:16:12 AM  Ignore CyanSquirrel Report Abuse
Old news :-( Where's some fresh?
kingdick
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Minnesota

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Message Posted: 5/12/2008 8:15:25 AM  Ignore kingdick Report Abuse
-----------------------------------
How can the Democrats in congress get anything good thru when all we see is oily bush's VETO.
-----------------------------------
joelimite
Rookie Author
Virginia

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Message Posted: 5/12/2008 8:14:19 AM  Ignore joelimite Report Abuse
Which is still horrible, they think these are good prices or something?
TEXJOHN
Sophomore Author
Dallas

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Message Posted: 5/12/2008 8:14:01 AM  Ignore TEXJOHN Report Abuse
A pinch? Is that all it is?
RdHogg
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Houston

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Message Posted: 5/12/2008 8:13:50 AM  Ignore RdHogg Report Abuse
Pinch this one time
kruk
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London

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Message Posted: 5/12/2008 8:12:25 AM  Ignore kruk Report Abuse
something will change - do not push guy who you depend on - Iran already change their policy and do not trade crude in $US Venezuela is talking about same - that will push some change and for time being Halliburton has to make big profit
maggiemaen
Rookie Author
Wisconsin

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Message Posted: 5/12/2008 8:09:20 AM  Ignore maggiemaen Report Abuse
So are we supposed to think $3.52 is a good price???
bug27
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Kentucky

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Message Posted: 5/12/2008 8:07:01 AM  Ignore bug27 Report Abuse
Oh, goody!
EarlyMoose
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Seattle

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Message Posted: 5/12/2008 8:05:02 AM  Ignore EarlyMoose Report Abuse
haha, nothing will change even after Bush/Cheney are out of office.
Pelosi and her do-nothing congress will continue to do nothing.
bbthegun
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San Diego

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Message Posted: 5/12/2008 8:04:45 AM  Ignore bbthegun Report Abuse
Hey LukeIN...whatever happened to Pelosi's promise that they will lower the gas prices once they got into office?...oh, that's right, its probably Bush and Cheney's fault.

Trust a politician and you'll always get burned in the end. Need to open your eyes Pal...
Gerund1
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Toronto

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Message Posted: 5/12/2008 8:03:44 AM  Ignore Gerund1 Report Abuse
Bring on macoroni and cheeze, even though that "cheap" meal has increased in price 50%.
kingdick
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Minnesota

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Message Posted: 5/12/2008 8:00:55 AM  Ignore kingdick Report Abuse
vascojoe Washington Message Posted: 5/12/2008 9:46:35 AM

"kingdick is wrong on chrysler."

I have owned many cars over the years and have NEVER had a problem with any of the Plymouths, Dodges or Chrysler or even the DeSota I still have.

For a while I used to repair car to make extra money, One of the most common request in the 80's was replacing honda engines with used ones. The demand for used engines got to the point that the cost was too high I could not make any money so I stopped working on honda's.

I have a toyota land cruiser I did not get much use out of.
It is setting in my garage because I can not afford the trans repairs.
It got to 69785 miles before the trans quit.
I doubt I would ever buy another toyota. I did like to drive it before it quit.
glazarides
Rookie Author
Akron

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Message Posted: 5/12/2008 7:51:46 AM  Ignore glazarides Report Abuse
I am hoping they prices don't get too much higher by the time I go on vacation (in fact I hope they get lower) since I drive to where I'm going.

I am even thinking about putting a hydrogen booster in my cars to help save money.
kingdick
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Minnesota

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Message Posted: 5/12/2008 7:48:04 AM  Ignore kingdick Report Abuse
Somis1 Ventura Message Posted: 5/12/2008 9:30:43 AM

"kingdick, what color is the sky in your world?"

Right now it is blue but we are expecting more rain tomorrow !!!
Of coarse the fields are so wet our neighbors are having trouble getting the crops planted. More rain is not needed now.
Dustinthewind
Sophomore Author
Atlanta

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Message Posted: 5/12/2008 7:46:46 AM  Ignore Dustinthewind Report Abuse
How many times have they revised upwards? It does seem like they are conditioning the populace.
LukeIN
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Indianapolis

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Message Posted: 5/12/2008 7:46:36 AM  Ignore LukeIN Report Abuse
I fear that theres not going to be any leveling off this summer! Nothing will change until Bush and Cheney are out of office...
vascojoe
Sophomore Author
Washington

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Message Posted: 5/12/2008 7:46:35 AM  Ignore vascojoe Report Abuse
kingdick is wrong on chrysler.
CTDPower
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Virginia Beach

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Message Posted: 5/12/2008 7:46:24 AM  Ignore CTDPower Report Abuse
By making that statement, DOE has disturbed the system and changed the outcome.
okietree
Veteran Author
Oklahoma City

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Message Posted: 5/12/2008 7:45:27 AM  Ignore okietree Report Abuse
Gas goes up and salaries stay the same. You make less and less per week/month due to our lovely oil companies and the Sheik that has the diamond encrused car !!!! Glad we paid for that nice, simple car.
kingdick
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Minnesota

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Message Posted: 5/12/2008 7:43:34 AM  Ignore kingdick Report Abuse
us4usa Missouri Message Posted: 5/12/2008 9:27:02 AM

"2.99 gas card if you buy a chrysler, dodge, or jeep!!! The money you save on WILL be spent for parts and repairs. NO THANKS"

UNTRUE no repairs !!!
I have had JEEPS since my first a 1946 thru now a 2006.
The only problem I ever had was when an idiot in a buick drove past parked cars cutting across the parking stalls and rammed the drivers side.
rustyOR
Rookie Author
Oregon

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Message Posted: 5/12/2008 7:42:20 AM  Ignore rustyOR Report Abuse
I agree
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