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GasBuddy News Article

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2012 gave U.S. consumers the most expensive year ever for gasoline

GasBuddy Blog -- There’s no getting around it. As a nation we've never paid more at the pump than we did this year. The yearly national average is running at $3.63/gallon so far for 2012, and it's all but guaranteed that 2012 will go down as the year with the highest average ever.

With one month left, yes, it’s mathematically possible that 2012 could close without becoming the most expensive year ever for American consumers at the gas pumps; but that would necessitate an unthinkable calamity.

“We did the math,” says Patrick DeHaan, senior petroleum analyst for GasBuddy, “and the numbers don’t lie. Last year’s average price of gasoline nationwide was $3.51 per gallon. The national average price of gasoline in the U.S. would have to drop...


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Submitted Nov 29, 2012 By: PD
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REPLIES (newest first) Post a Reply
ber5
All-Star Author Chicago

Posts:664
Points:132,445
Joined:Sep 2012
Message Posted: Jan 5, 2013 3:29:27 PM

wow, this is getting to be a regular trend...
99dakota
Champion Author Providence

Posts:11,568
Points:2,978,025
Joined:Oct 2006
Message Posted: Jan 5, 2013 8:36:09 AM

We got what we voted for.
txrojo2005
Champion Author Austin

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Joined:May 2011
Message Posted: Jan 4, 2013 4:10:02 PM

This will become the new normal.

[Edited by: txrojo2005 at 1/4/2013 4:12:39 PM EST]
Dodge_Bill
Champion Author Wyoming

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Message Posted: Jan 4, 2013 10:33:41 AM

It won't get better until we get a new administration. It's going to be a long 4 years.
nstrdnvstr
Champion Author Twin Cities

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Points:4,788,810
Joined:May 2001
Message Posted: Jan 4, 2013 9:24:31 AM

WanderDan, "some people here give the uber rich oil companies a pass just so they can blame the pres..... ???"

Do you have any idea what the profit margin is for "the uber rich oil companies"?
mabrams184
Champion Author Lexington

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Message Posted: Jan 3, 2013 9:42:07 PM

Let's hope 2013 isn't more of the same.
Donatelo
Champion Author Dayton

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Message Posted: Jan 2, 2013 8:32:51 PM

and now there is a car that runs on compressed air.
1007
Champion Author Michigan

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Joined:Jan 2008
Message Posted: Jan 2, 2013 7:37:51 PM

2013 will beat 2012 for gas and taxes
Gas4Gore
Champion Author Detroit

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Joined:Jan 2010
Message Posted: Jan 1, 2013 2:27:43 PM

Very sad, eh.
txrojo2005
Champion Author Austin

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Joined:May 2011
Message Posted: Dec 30, 2012 10:36:50 AM

After Bush got lambasted in the press for a few weeks; the media does not have the same outrage under Obama.

[Edited by: txrojo2005 at 12/30/2012 10:37:38 AM EST]
WanderDan
All-Star Author Dayton

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Message Posted: Dec 29, 2012 11:35:20 AM

some people here give the uber rich oil companies a pass just so they can blame the pres..... ???
clpassenubye
Champion Author Los Angeles

Posts:4,380
Points:1,486,105
Joined:Mar 2011
Message Posted: Dec 28, 2012 9:41:57 PM

goodbye 2012 thank goodness your almost over I hope the gift of high gas doesn't follow into 2013 but I'm not very optimistic about that
Vette1967
Champion Author Albany

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Message Posted: Dec 21, 2012 9:57:42 PM

I'm glad I drove a lot less this year and got reacquainted with my backyard.
Donatelo
Champion Author Dayton

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Points:331,165
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Message Posted: Dec 19, 2012 12:29:17 PM

we could be energy independent in five years if we did not export our oil and gas. all the oil we drill in alaska gets shipped away, makes no sense to me.
mabrams184
Champion Author Lexington

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Message Posted: Dec 19, 2012 6:01:05 AM

and how many more millions did the big oil companies and speculators make at the expense of the average American consumer?
WanderDan
All-Star Author Dayton

Posts:670
Points:454,035
Joined:Nov 2012
Message Posted: Dec 18, 2012 11:39:55 PM

prices rise thats what happens.. easy for some to blame pres but not those who knee to the oil companies
99dakota
Champion Author Providence

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Message Posted: Dec 12, 2012 6:34:27 AM

We got exactly what was voted for...
txrojo2005
Champion Author Austin

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Message Posted: Dec 9, 2012 12:35:59 PM

Oil and refinery stocks did fine.
Donatelo
Champion Author Dayton

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Joined:Apr 2011
Message Posted: Dec 8, 2012 11:48:24 AM

oh
99dakota
Champion Author Providence

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Message Posted: Dec 8, 2012 9:19:44 AM

We as a nation got what we voted for. The problem, as I see it, is that not all of us voted for this.
honda0105
Champion Author Tallahassee

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Message Posted: Dec 6, 2012 10:14:28 PM

clp, I'll make that evaluative statement in a year...
clpassenubye
Champion Author Los Angeles

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Message Posted: Dec 6, 2012 7:24:05 PM

Goodbye 2012 glad to see you go 2013 will be a much better for everything including gas
gasokie
Champion Author Oklahoma

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Message Posted: Dec 6, 2012 5:11:17 PM

Prices need to be adjusted for inflation.
honda0105
Champion Author Tallahassee

Posts:24,310
Points:2,437,590
Joined:Nov 2008
Message Posted: Dec 6, 2012 5:59:46 AM

mama: I think where ppl are frustrated is the discrepancy between what a barrel costs and the pump prices. It used to be that a barrel of crude was maybe %75 and the pump prices were in the upper 1.xx to maybe low 2.xx. Now they're mid- to upper 3.xx only a few short years later.
mamalisa52
Rookie Author Dayton

Posts:16
Points:1,865
Joined:Nov 2012
Message Posted: Dec 6, 2012 2:33:48 AM

The only reason people are complaining is because they don't have a piece of the profits themselves...these same complainers have an opportunity to take advantage of this last Deregulation and they won't because they don't like change...change is going to happend whether you like it or not...stop being a knuckehead and help the economy and yourself~~otherwise stop complaining
mamalisa52
Rookie Author Dayton

Posts:16
Points:1,865
Joined:Nov 2012
Message Posted: Dec 6, 2012 2:29:23 AM

So whose fault is it that the gas prices are up. I remember when gas was .15-.25 cent a gallon. Whose fault was it then til now. It's so easy to blame Obama, but who was in office before him? Did we blame those people? Don't get it twisted...prices go up, it's called life~
indyjim
Champion Author Indianapolis

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Message Posted: Dec 5, 2012 10:46:55 AM

What a sham!
honda0105
Champion Author Tallahassee

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Message Posted: Dec 5, 2012 5:41:38 AM

nordi: probably going to happen.
nordiqueen
Rookie Author San Diego

Posts:18
Points:81,580
Joined:Oct 2012
Message Posted: Dec 4, 2012 8:12:09 AM

Will expect higher prices next year!
honda0105
Champion Author Tallahassee

Posts:24,310
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Message Posted: Dec 4, 2012 5:48:22 AM

jethro: Shell, BP, Citgo, Chevron, Valero, etc.
honda0105
Champion Author Tallahassee

Posts:24,310
Points:2,437,590
Joined:Nov 2008
Message Posted: Dec 3, 2012 5:51:35 AM

rocket: many Pig Oil members removed stuff from their "goody bags." One way to make more $$$.
99dakota
Champion Author Providence

Posts:11,568
Points:2,978,025
Joined:Oct 2006
Message Posted: Dec 2, 2012 7:37:57 PM

We got what we voted for. We were warned in advance...
rocket_ron
Champion Author Grand Rapids

Posts:9,607
Points:2,762,160
Joined:Jul 2006
Message Posted: Dec 2, 2012 12:55:27 AM

It sucks that mobil took away their 0.15 per gallon card.
honda0105
Champion Author Tallahassee

Posts:24,310
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Joined:Nov 2008
Message Posted: Dec 2, 2012 12:24:14 AM

funny how Pig Oil is reaping (near) record profits all around while the rest of the economy is in shambles.
rickfro
All-Star Author San Diego

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Joined:Nov 2008
Message Posted: Dec 1, 2012 9:47:21 PM

There's a surprise
gasokie
Champion Author Oklahoma

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Joined:May 2007
Message Posted: Dec 1, 2012 6:08:21 PM

Actually Henry's work guaranteed us much needed oil in a time technology didn't give us access to new product such as we see now. He should be given another button or something.
NedW
Champion Author Indianapolis

Posts:8,118
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Message Posted: Dec 1, 2012 5:45:51 AM

Foreign policy work that Henry Kissinger did in the '70s with the middle east, specifically Saudi Arabia, is what's originally to blame for the suppression of petroleum independence in the US. And, subsequently, every administration has been culpable in failing to address that. Why?
DrCashFlow
Champion Author Massachusetts

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Message Posted: Dec 1, 2012 3:57:19 AM

thanks robama
sydb7
Champion Author Atlanta

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Message Posted: Nov 30, 2012 4:37:47 PM

And oil companies made record profits!
txrojo2005
Champion Author Austin

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Joined:May 2011
Message Posted: Nov 30, 2012 4:33:54 PM

Yep. Obama campaigned on this issue in 2008 and the people (not me) voted him back in again; so expect more of the same.

[Edited by: txrojo2005 at 11/30/2012 4:35:14 PM EST]
geezrtek
Champion Author Michigan

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Message Posted: Nov 30, 2012 3:00:11 PM

Not really news, even yesterday.
DutchTreatMI
Champion Author Grand Rapids

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Message Posted: Nov 30, 2012 2:58:15 PM

We already knew this by living it day in and day out.We don't go anywhere we don't have to.
gass12
Champion Author Omaha

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Message Posted: Nov 30, 2012 2:54:49 PM

Did it take a genius to figure this out.
mikaye
Champion Author Cleveland

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Joined:Jun 2010
Message Posted: Nov 30, 2012 2:50:18 PM

when gas companies are allowed to charge what they want what do you expect
amearly
Champion Author Michigan

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Message Posted: Nov 30, 2012 2:44:30 PM

Yesterday
StraKat
Champion Author Ohio

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Message Posted: Nov 30, 2012 2:44:03 PM

And it won't be any better in 2013.
Xpoint
Champion Author Idaho

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Joined:May 2004
Message Posted: Nov 30, 2012 2:40:13 PM

So, is an enerty policy out of the question??
Mikeyl
Champion Author Cleveland

Posts:9,576
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Joined:Aug 2004
Message Posted: Nov 30, 2012 2:39:47 PM

With simple inflation, this is the headline every year.

Just with the current state of the country and world, it's multiplied.
bobzilla11
Champion Author Indiana

Posts:2,851
Points:1,239,825
Joined:May 2011
Message Posted: Nov 30, 2012 2:38:14 PM

gas should be about $2. when it goes up the value of the dollar in your pocket goes down. get us off the petrol standard!
myambro
Champion Author Sacramento

Posts:4,845
Points:1,761,095
Joined:Mar 2005
Message Posted: Nov 30, 2012 2:36:01 PM

Thank you, politicians.
19sheldon43
Champion Author Los Angeles

Posts:3,979
Points:843,010
Joined:Jul 2009
Message Posted: Nov 30, 2012 2:34:31 PM

At the most I maybe paid an additional $240 (that would be a stretch) for the entire year.
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