GasBuddy News Article

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Falling oil prices cut pain at pump

Middletown Journal -- Area’s July 4 range could be $3.35-$3.50. 42 million Americans expected to be on roads for holiday.

A drop in oil prices has made gasoline cheaper just in time for the start of the summer road trip season.

The national average cost of a gallon was $3.47 Thursday, down 46 cents from its peak in early April. Some experts predicted it would dip to $3.30 by July 4, far from forecasts early in the year of $5 a gallon this summer.

AAA’s Independence Day Travel Forecast predicts a record 42.273 million Americans are expected to journey at least 50 miles from home Friday, June 29, through Wednesday, July 4. More than 35 million of them will travel by car.

Patrick DeHaan, senior petroleum analyst for GasBuddy.com, said a gallon of gas in the area “will likely be in the $3.35 to $3.50 range over

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Submitted Jun 22, 2012 By: angel4me

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sparky808 Champion Author Honolulu Posts:2,993 Points:597,535 Joined:Sep 2011	Message Posted: Jun 23, 2012 5:42:59 PM Ignore sparky808 Report Abuse Thank you for posting.
aggietim Champion Author Fort Worth Posts:1,756 Points:693,325 Joined:Oct 2008	Message Posted: Jun 23, 2012 12:23:11 AM Ignore aggietim Report Abuse needs to be lower
TFowler513 Champion Author Memphis Posts:3,824 Points:1,412,985 Joined:Mar 2008	Message Posted: Jun 23, 2012 12:09:35 AM Ignore TFowler513 Report Abuse Still feeling the pain. Not cut enough!!!
menagerie1013 Champion Author San Diego Posts:2,365 Points:688,365 Joined:Apr 2011	Message Posted: Jun 23, 2012 12:03:53 AM Ignore menagerie1013 Report Abuse It's still going down here. But our prices where rising while the rest of the country fell.
camel1 Champion Author Minnesota Posts:8,265 Points:2,265,640 Joined:Jul 2006	Message Posted: Jun 23, 2012 12:01:50 AM Ignore camel1 Report Abuse unlikely here as gasoline is up 14 cents from 2 weeks ago!
1brendle Champion Author Winston-Salem Posts:1,789 Points:133,675 Joined:Jun 2012	Message Posted: Jun 22, 2012 11:57:28 PM Ignore 1brendle Report Abuse wait and see ...... hoping
hank1326 Champion Author Los Angeles Posts:8,909 Points:1,732,835 Joined:Jun 2008	Message Posted: Jun 22, 2012 11:56:39 PM Ignore hank1326 Report Abuse Nice to have lower prices but we are still paying outrageous prices and the economy is far from recovering.
DEG Champion Author Las Vegas Posts:17,615 Points:3,493,730 Joined:Jul 2003	Message Posted: Jun 22, 2012 11:55:56 PM Ignore DEG Report Abuse Good to see prices coming down. I suspect that Big Oil is trying to buy four more years of Obama.
ItsMorph Champion Author Grand Rapids Posts:33,423 Points:3,184,900 Joined:Mar 2004	Message Posted: Jun 22, 2012 11:54:43 PM Ignore ItsMorph Report Abuse I'll gladly pay less. :D
5kvdave All-Star Author Los Angeles Posts:688 Points:350,000 Joined:May 2011	Message Posted: Jun 22, 2012 11:54:17 PM Ignore 5kvdave Report Abuse SHOULD BE 2.50 & THAT WOULD BE FOR PREMIUM!!!!!!
scubadaniel Champion Author Dayton Posts:1,416 Points:691,095 Joined:Jan 2011	Message Posted: Jun 22, 2012 11:53:19 PM Ignore scubadaniel Report Abuse The oil companies must want to keep Obama and company in or else they would raise their prices...
sit Champion Author Cleveland Posts:5,195 Points:1,930,995 Joined:Feb 2006	Message Posted: Jun 22, 2012 11:51:02 PM Ignore sit Report Abuse OK
carlsonguitars Champion Author Portland Posts:4,876 Points:825,980 Joined:Jan 2008	Message Posted: Jun 22, 2012 11:49:21 PM Ignore carlsonguitars Report Abuse Gas is down from $4 a gallon 2 weeks ago to $3.49 a gallon today... UH.... So why the 25% drop?!?! Or better yet, WHY THE 150% INFLATED PRICES TO START OFF WITH?!?!?!?!?!? We have been getting ripped off for so long, I actually heard some idiot say "$3.49 a gallon - what a deal!" I shook my head and commented "I remember gas at $1 a gallon", it was a long time ago, but not THAT long ago!!!
OOXXFF Champion Author Greensboro Posts:3,058 Points:1,078,430 Joined:Sep 2009	Message Posted: Jun 22, 2012 11:48:32 PM Ignore OOXXFF Report Abuse Keep it falling. It is much too high.
btex49 Champion Author Austin Posts:2,715 Points:530,105 Joined:Aug 2011	Message Posted: Jun 22, 2012 11:48:26 PM Ignore btex49 Report Abuse Gas prices at the pump can and should be lower...
mgune9 All-Star Author Dallas Posts:914 Points:200,395 Joined:Feb 2012	Message Posted: Jun 22, 2012 11:46:11 PM Ignore mgune9 Report Abuse It's crazy - national average should already be closer to $2.50
redhornet Champion Author Minnesota Posts:1,744 Points:886,675 Joined:Dec 2009	Message Posted: Jun 22, 2012 11:41:21 PM Ignore redhornet Report Abuse Where at not here..
trytogetby All-Star Author Cincinnati Posts:864 Points:214,000 Joined:Apr 2012	Message Posted: Jun 22, 2012 11:39:20 PM Ignore trytogetby Report Abuse O' B.S. They will raise it for the holiday. They always do.
MDTDriver Champion Author California Posts:9,724 Points:2,154,645 Joined:Jul 2006	Message Posted: Jun 22, 2012 11:37:22 PM Ignore MDTDriver Report Abuse AT $3.60 is still a pain in the you no what.
jpgilmor Champion Author Houston Posts:2,160 Points:602,975 Joined:Feb 2011	Message Posted: Jun 22, 2012 11:34:16 PM Ignore jpgilmor Report Abuse Great news.
Zonk Champion Author Michigan Posts:6,476 Points:2,101,790 Joined:Oct 2005	Message Posted: Jun 22, 2012 11:31:08 PM Ignore Zonk Report Abuse They have a long way to fall before the pain is gone.
boatmen Champion Author New York Posts:3,080 Points:622,580 Joined:Jan 2011	Message Posted: Jun 22, 2012 11:29:39 PM Ignore boatmen Report Abuse It is dropping some greedy stations cashing in lagging on lowering their prices Gas still to damm high
Zonk Champion Author Michigan Posts:6,476 Points:2,101,790 Joined:Oct 2005	Message Posted: Jun 22, 2012 11:27:20 PM Ignore Zonk Report Abuse Must keep on falling.
SandeeC Champion Author Ontario Posts:2,988 Points:460,480 Joined:Apr 2011	Message Posted: Jun 22, 2012 11:24:40 PM Ignore SandeeC Report Abuse By the way, TheeRedRam, what's with the "." in every post? You call that a comment? Not a decent way to get points in my view!
SandeeC Champion Author Ontario Posts:2,988 Points:460,480 Joined:Apr 2011	Message Posted: Jun 22, 2012 11:22:18 PM Ignore SandeeC Report Abuse Hope they're right. Here in Canada all the gas stations have a bad habit of raising their prices just before the long weekends (or any weekend in the summer for that matter). We always filled up on Wed. or Thursday because by Friday it'd be way up.
Agarre Champion Author Richmond Posts:1,335 Points:263,785 Joined:Feb 2012	Message Posted: Jun 22, 2012 11:18:28 PM Ignore Agarre Report Abuse hmm
DrLyon Champion Author Michigan Posts:6,645 Points:1,211,005 Joined:May 2006	Message Posted: Jun 22, 2012 11:09:37 PM Ignore DrLyon Report Abuse Keep going down..
fenster66 Champion Author Pittsburgh Posts:3,345 Points:673,115 Joined:May 2011	Message Posted: Jun 22, 2012 11:07:33 PM Ignore fenster66 Report Abuse still needs to go down further...
TheeRedRam Champion Author Hartford Posts:3,158 Points:671,660 Joined:Jun 2011	Message Posted: Jun 22, 2012 11:07:12 PM Ignore TheeRedRam Report Abuse .
GRUMPY55 Champion Author California Posts:1,624 Points:422,525 Joined:Oct 2011	Message Posted: Jun 22, 2012 11:06:19 PM Ignore GRUMPY55 Report Abuse ok
Z51Corvette Champion Author Austin Posts:8,480 Points:1,670,195 Joined:Jan 2008	Message Posted: Jun 22, 2012 11:04:59 PM Ignore Z51Corvette Report Abuse It is below 3.25 in the Austin area... down over 25 cents from a year ago.
PizzaMon Champion Author Philadelphia Posts:5,134 Points:1,861,530 Joined:Jun 2006	Message Posted: Jun 22, 2012 11:01:39 PM Ignore PizzaMon Report Abuse Already below $3.35 in this area.
Bonito Champion Author Dayton Posts:15,747 Points:3,006,920 Joined:Jun 2004	Message Posted: Jun 22, 2012 10:59:47 PM Ignore Bonito Report Abuse To cut the pain it needs to stay at $2.00/gal for 5 years or more! Let the rich let the other 95% have some money!
WIWalt Champion Author Wisconsin Posts:1,724 Points:414,755 Joined:Mar 2012	Message Posted: Jun 22, 2012 10:54:15 PM Ignore WIWalt Report Abuse Not even close to a relief. Basedallon on their own statistics, for every $10.00 change in oil is a $0.25 change in pump price. Did not apply when prices went up and does not apply now You said it milespergallon right on
mcmonsta Champion Author Honolulu Posts:3,222 Points:817,570 Joined:Sep 2009	Message Posted: Jun 22, 2012 10:51:43 PM Ignore mcmonsta Report Abuse keep on dropping and more businesses will be a lot happier!!!
Gay_Blade Champion Author San Jose Posts:1,037 Points:359,725 Joined:Oct 2011	Message Posted: Jun 22, 2012 10:50:49 PM Ignore Gay_Blade Report Abuse It'll still be too expensive. 25% unemployment can't afford that price.
gass12 Champion Author Omaha Posts:8,384 Points:2,302,740 Joined:Oct 2005	Message Posted: Jun 22, 2012 10:49:58 PM Ignore gass12 Report Abuse Needs to drop to $3.00 a gallon.
hauler43 Champion Author Oakland Posts:8,158 Points:2,597,750 Joined:Sep 2003	Message Posted: Jun 22, 2012 10:49:26 PM Ignore hauler43 Report Abuse Oil prices up today
C.Carpets All-Star Author Oakland Posts:543 Points:2,088,260 Joined:Feb 2005	Message Posted: Jun 22, 2012 10:48:55 PM Ignore C.Carpets Report Abuse Down to $3.77 on the left cost
bridgerunner Champion Author Virginia Posts:4,782 Points:1,005,860 Joined:Jul 2009	Message Posted: Jun 22, 2012 10:46:26 PM Ignore bridgerunner Report Abuse Those evil speculators are driving the prices down. What are we going to do?
DABEE1073 Champion Author San Diego Posts:8,200 Points:1,572,110 Joined:Jun 2008	Message Posted: Jun 22, 2012 10:45:55 PM Ignore DABEE1073 Report Abuse $1.25 A GALLON WOULD BE WAY LESS PAINFUL.
dcjones1000 Veteran Author Illinois Posts:265 Points:1,731,950 Joined:Jul 2007	Message Posted: Jun 22, 2012 10:44:29 PM Ignore dcjones1000 Report Abuse We are still around $3.80....but I am not complaining either!
knot2swift Champion Author Calgary Posts:4,379 Points:696,025 Joined:Nov 2009	Message Posted: Jun 22, 2012 10:43:50 PM Ignore knot2swift Report Abuse It's a joke. We need to put the worst offender out of business no matter what they beg of us with discount gas after learning their lessen. We need to kill a big player as consumers.
saleboss Champion Author Phoenix Posts:3,929 Points:1,177,875 Joined:Feb 2006	Message Posted: Jun 22, 2012 10:41:33 PM Ignore saleboss Report Abuse We're still closer to $3.50 than the #3.35!
philthethrill Champion Author Hamilton Posts:9,667 Points:1,603,115 Joined:Nov 2008	Message Posted: Jun 22, 2012 10:38:00 PM Ignore philthethrill Report Abuse good to see
OKRifle Champion Author Oklahoma City Posts:10,397 Points:1,809,310 Joined:Oct 2007	Message Posted: Jun 22, 2012 10:36:37 PM Ignore OKRifle Report Abuse No way!
mtaboy Sophomore Author New Jersey Posts:191 Points:54,515 Joined:Dec 2004	Message Posted: Jun 22, 2012 10:35:20 PM Ignore mtaboy Report Abuse IF ALL THE GREEDY SPECULATORS WOULD JUST DIE... THE PRICE OF GAS WILL REALLY DROP... AND THEN THERE WILL BE NO PAIN AT THE PUMP BECAUSE GAS WILL BE $1.99 A GALLON...OR LESS!!!!!!!
milespergallon Champion Author Illinois Posts:9,739 Points:1,907,385 Joined:Feb 2007	Message Posted: Jun 22, 2012 10:29:00 PM Ignore milespergallon Report Abuse Not even close to a relief. Based on their own statistics, for every $10.00 change in oil is a $0.25 change in pump price. Did not apply when prices went up and does not apply now
Tiretrack Sophomore Author Michigan Posts:163 Points:598,720 Joined:Jan 2011	Message Posted: Jun 22, 2012 10:26:53 PM Ignore Tiretrack Report Abuse Won't last they will come up with some other reason to raise prices again!
Mary0714 Rookie Author Tampa Posts:15 Points:179,425 Joined:Jan 2011	Message Posted: Jun 22, 2012 10:26:07 PM Ignore Mary0714 Report Abuse getting better