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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 8:29:32 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)
POLELANE
Champion Author
Ohio

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Message Posted: 5/12/2008 12:18:30 PM  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 11:01:02 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 11:00:57 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
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Kansas

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Message Posted: 5/12/2008 10:50:35 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 10:48:41 AM  Ignore pboxerfg Report Abuse
And with Bush in charge, this is "legal".
patbob56
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Colorado Springs

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Message Posted: 5/12/2008 10:47:54 AM  Ignore patbob56 Report Abuse
pinch, pinch pinch
mmproteus
Rookie Author
Ohio

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Message Posted: 5/12/2008 10:44:02 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
All-Star Author
Chicago

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Message Posted: 5/12/2008 10:43:30 AM  Ignore nyacoub1 Report Abuse
duhh...
bowler48226
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Detroit

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Message Posted: 5/12/2008 10:42:33 AM  Ignore bowler48226 Report Abuse
Old news.
TBoneSoCA
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Orange County

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Message Posted: 5/12/2008 10:41:43 AM  Ignore TBoneSoCA Report Abuse
I feel screwed
jvt666
Champion Author
California

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Message Posted: 5/12/2008 10:39:27 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 10:39:24 AM  Ignore deejai Report Abuse
I feel stomped on.
ramshot412
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Riverside

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Message Posted: 5/12/2008 10:37:26 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 10:34:12 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
Champion Author
California

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Message Posted: 5/12/2008 10:32:53 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
Little Rock

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Message Posted: 5/12/2008 10:32:21 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
All-Star Author
Colorado Springs

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Message Posted: 5/12/2008 10:31:14 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
Champion Author
Riverside

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Message Posted: 5/12/2008 10:30:03 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 10:28:46 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 10:24:51 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
Champion Author
Los Angeles

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Message Posted: 5/12/2008 10:24:06 AM  Ignore NavyEOD Report Abuse
More like a slap in the face.
ts08
Sophomore Author
New Jersey

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Message Posted: 5/12/2008 10:23:54 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 10:23:41 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 10:23:00 AM  Ignore 1shot Report Abuse
yeah, right!
Zinnoil
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Illinois

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Message Posted: 5/12/2008 10:22:09 AM  Ignore Zinnoil Report Abuse
$3.84 for corn ethanol is cheapest here with real gas higher.
weenerdog
Champion Author
Detroit

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Message Posted: 5/12/2008 10:21:52 AM  Ignore weenerdog Report Abuse
These prices are outrageous
FuelGrinch
Sophomore Author
Kansas

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Message Posted: 5/12/2008 10:19:27 AM  Ignore FuelGrinch Report Abuse
Boring....
srtdc
Sophomore Author
Lincoln

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Message Posted: 5/12/2008 10:16:57 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 10:16:47 AM  Ignore 44Irish Report Abuse
More pinching?
CyanSquirrel
All-Star Author
Virginia

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Message Posted: 5/12/2008 10:16:12 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 10:15:25 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
Sophomore Author
Virginia

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Message Posted: 5/12/2008 10:14:19 AM  Ignore joelimite Report Abuse
Which is still horrible, they think these are good prices or something?
TEXJOHN
Veteran Author
Dallas

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Message Posted: 5/12/2008 10:14:01 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 10:13:50 AM  Ignore RdHogg Report Abuse
Pinch this one time
kruk
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London

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Message Posted: 5/12/2008 10:12:25 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
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Wisconsin

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Message Posted: 5/12/2008 10:09:20 AM  Ignore maggiemaen Report Abuse
So are we supposed to think $3.52 is a good price???
bug27
Champion Author
Kentucky

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Message Posted: 5/12/2008 10:07:01 AM  Ignore bug27 Report Abuse
Oh, goody!
EarlyMoose
Champion Author
Seattle

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Message Posted: 5/12/2008 10:05:02 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 10:04:45 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 10:03:44 AM  Ignore Gerund1 Report Abuse
Bring on macoroni and cheeze, even though that "cheap" meal has increased in price 50%.
kingdick
Champion Author
Minnesota

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Message Posted: 5/12/2008 10:00:55 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
All-Star Author
Akron

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Message Posted: 5/12/2008 9:51:46 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
Champion Author
Minnesota

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Message Posted: 5/12/2008 9:48:04 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 9:46:46 AM  Ignore Dustinthewind Report Abuse
How many times have they revised upwards? It does seem like they are conditioning the populace.
LukeIN
All-Star Author
Indianapolis

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Message Posted: 5/12/2008 9:46:36 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...
CTDPower
Veteran Author
Virginia Beach

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Message Posted: 5/12/2008 9:46:24 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 9:45:27 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
Champion Author
Minnesota

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Message Posted: 5/12/2008 9:43:34 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
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Oregon

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Message Posted: 5/12/2008 9:42:20 AM  Ignore rustyOR Report Abuse
I agree
radcaz
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Houston

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Message Posted: 5/12/2008 9:41:54 AM  Ignore radcaz Report Abuse
ANOTHER REVISION TO THE REVISION, TO THE REVISION, TO THE REVISION, TO THE REVISION, TO THE REVISION, TO THE REVISION, ....
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