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Gasoline prices continue edging up, remain well below year ago

GasBuddy Blog -- Gasoline prices are rising across the United States, and even the West Coast is getting in the action this week as prices slowly start to creep up. The bad news? That prices may have bottomed out until the end of summer. The good news? That nationally, prices remain about 25c/gal cheaper than last year.

Even with the tepid rise we've seen in the last couple weeks, prices in a majority of areas are still lower or at least comparable to last year. It wasn't surprising to see the best gasoline prices for the summer in June, which is what I was forecasting back in January. The next expected drop in gasoline prices will be in October through Christmas or so, with the national average dropping into the low $3/gal range, unless the economy...

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Submitted Jul 16, 2012 By: PD

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clpassenubye Champion Author Los Angeles Posts:3,359 Points:752,605 Joined:Mar 2011	Message Posted: Jul 23, 2012 1:33:18 PM Ignore clpassenubye Report Abuse hopefully they will go down again
GasPriceHelp4u Champion Author Dayton Posts:2,687 Points:568,800 Joined:Jul 2008	Message Posted: Jul 23, 2012 7:07:48 AM Ignore GasPriceHelp4u Report Abuse Its natural reaction to gas price fluctuations!!!
txrojo2005 All-Star Author Austin Posts:766 Points:479,630 Joined:May 2011	Message Posted: Jul 22, 2012 1:32:25 PM Ignore txrojo2005 Report Abuse Twenty cent increase in the last five days in central Texas.
Vette1967 Champion Author Albany Posts:5,962 Points:1,275,025 Joined:Jun 2009	Message Posted: Jul 22, 2012 1:02:11 AM Ignore Vette1967 Report Abuse Going up here again.
honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Jul 20, 2012 5:54:06 AM Ignore honda0105 Report Abuse when the value of inanimate THINGS exceeds the value of LIVING beings, it's no surprise that stuff and the material from which stuff is made is going up.
honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Jul 20, 2012 5:52:37 AM Ignore honda0105 Report Abuse barberb: well, back then we also paid more taxes and no one complained. Nor did we have all the gadgets that were becoming more important in people's lives than actual people.
barberbabe220 Rookie Author Baltimore Posts:17 Points:2,110 Joined:Jul 2012	Message Posted: Jul 19, 2012 5:42:54 PM Ignore barberbabe220 Report Abuse It amazes me that we view $3.00 a gallon as good. I remember when it was $.99 a gallon. How I long for those days.
txrojo2005 All-Star Author Austin Posts:766 Points:479,630 Joined:May 2011	Message Posted: Jul 19, 2012 5:04:49 PM Ignore txrojo2005 Report Abuse Prices jumped 15 cents in a week in central Texas.
Stos1946 Rookie Author Atlanta Posts:60 Points:302,180 Joined:Dec 2011	Message Posted: Jul 19, 2012 3:08:53 PM Ignore Stos1946 Report Abuse The price of gas last year is totally immaterial when I pull up to the pump this year. As for the "tepid rise we've seen in the last couple of weeks," I don't consider a 28 cent/gal increase tepid.
diamar03 Rookie Author Seattle Posts:6 Points:680 Joined:Jul 2012	Message Posted: Jul 19, 2012 10:24:10 AM Ignore diamar03 Report Abuse If gas drops to $3 a gallon that would be nice. Seeing that its cheaper than last year is great, however whois in control is what matters because they can raise the price whenver they deem necessary and we sills till be at the pump.
albert2008 Champion Author Winnipeg Posts:7,352 Points:1,481,010 Joined:Sep 2008	Message Posted: Jul 19, 2012 8:31:23 AM Ignore albert2008 Report Abuse not here
katiengass Rookie Author Nashville Posts:58 Points:11,675 Joined:Jul 2012	Message Posted: Jul 19, 2012 8:27:42 AM Ignore katiengass Report Abuse it is crazy how just a few miles can change the gas prices. thank you kroger in donelson for remaining one of the lowest n the city!
stonecold5005 All-Star Author Waco Posts:817 Points:20,240 Joined:Mar 2012	Message Posted: Jul 19, 2012 8:09:25 AM Ignore stonecold5005 Report Abuse wow
gazprize Veteran Author Toronto Posts:483 Points:125,120 Joined:Jan 2012	Message Posted: Jul 19, 2012 7:43:26 AM Ignore gazprize Report Abuse end of this summer, we will see what we didn't see early/mid summer
gazprize Veteran Author Toronto Posts:483 Points:125,120 Joined:Jan 2012	Message Posted: Jul 19, 2012 7:42:37 AM Ignore gazprize Report Abuse gas price still to rise
honda0105 Champion Author Tallahassee Posts:18,623 Points:1,609,520 Joined:Nov 2008	Message Posted: Jul 19, 2012 5:49:04 AM Ignore honda0105 Report Abuse goldrose: short memory, eh? August 2008 was THE HIGHEST gas prices seen in this country since the oil crisis of 1973.
goldrose1 Champion Author Cleveland Posts:10,941 Points:1,925,580 Joined:Feb 2005	Message Posted: Jul 18, 2012 10:32:38 PM Ignore goldrose1 Report Abuse Still so much higher than 4 years ago.
clpassenubye Champion Author Los Angeles Posts:3,359 Points:752,605 Joined:Mar 2011	Message Posted: Jul 18, 2012 1:52:24 PM Ignore clpassenubye Report Abuse wow
txrojo2005 All-Star Author Austin Posts:766 Points:479,630 Joined:May 2011	Message Posted: Jul 17, 2012 11:46:50 PM Ignore txrojo2005 Report Abuse Yep
kiosk12y Champion Author Tulsa Posts:3,618 Points:681,290 Joined:Mar 2011	Message Posted: Jul 17, 2012 10:48:08 PM Ignore kiosk12y Report Abuse cool
hatterasjack Champion Author South Carolina Posts:1,296 Points:725,350 Joined:Sep 2007	Message Posted: Jul 17, 2012 6:56:03 PM Ignore hatterasjack Report Abuse Good news for traveling this fall.
JXQW Champion Author Kansas City Posts:2,787 Points:684,175 Joined:Jul 2008	Message Posted: Jul 17, 2012 2:37:53 PM Ignore JXQW Report Abuse a negative feed back system between gas prices and economy ...
gravityhurts Champion Author North Carolina Posts:4,093 Points:937,505 Joined:Sep 2008	Message Posted: Jul 17, 2012 11:55:58 AM Ignore gravityhurts Report Abuse It's the consumer's fault. Stop buying so much gas. Use Gas Buddy and when you do need to purchase gas get it for less. The consumers can control the prices if would band together, VOTE out big oil politicians and get back to supply and demand economics. VOTE THEM ALL OUT AND START AGAIN! No more "lifetime" politicians!
Tomeboy Champion Author Twin Cities Posts:3,769 Points:559,665 Joined:Apr 2009	Message Posted: Jul 17, 2012 11:31:33 AM Ignore Tomeboy Report Abuse NEVER IN THE FIELD OF HUMAN CONFLICT… WAS SO MUCH OWED… BY SO MANY … TO SO FEW… FOR SPECULATORS ONLY - "IN OIL WE TRUST" ================================== Oil Prices Continue To Rise – Invest In Oil & Gas Today!! US OIL AND GAS INVESTMENTS ======================= SUPERIOR RETURN ON INVESTMENTS – “IN OIL WE TRUST” - Oil and Gas "price increases" will reflect how well you are doing – Higher oil and gas prices and consumers left with few alternative choices can provide investors with long term revenue 100% TAX DEDUCTIBLE - Just like Big Oil!! Oil and Gas participation offers substantial tax savings not available with traditional investments MONTHLY INCOME - Your income will be supported by the higher gasoline prices your friends and neighbors struggle to pay - A continuous consumer based revenue stream - Oil and Gas investments can pay out for up to 30 years PORTFOLIO DIVERSIFICATION - We spread your investments amongst the top 5 Oil & Gas companies - More Bang for your Buck! Oil is a depleting resource used in just about everything we consume. Ask yourself, what other commodity is in more demand with very few alternatives to turn to? HEDGE AGAINST INFLATION – “Trust in Oil” The financial life-line you've been searching for while your friends and neighbors “Trust in God” and continue to struggle and make it day-to-day IRA & 401K APPROVED – Income approved by and for a few… and disdained by millions!! NEVER IN THE FIELD OF HUMAN CONFLICT… WAS SO MUCH OWED… BY SO MANY … TO SO FEW… [Edited by: Tomeboy at 7/17/2012 11:35:09 AM EST]
Tomeboy Champion Author Twin Cities Posts:3,769 Points:559,665 Joined:Apr 2009	Message Posted: Jul 17, 2012 11:30:40 AM Ignore Tomeboy Report Abuse Trust in Oil or God? Oil Speculators official motto... "In Oil We Trust" Most Americans official motto... "In God We Trust"
SycamoreISU Champion Author Indiana Posts:1,040 Points:259,685 Joined:Jan 2012	Message Posted: Jul 17, 2012 10:58:09 AM Ignore SycamoreISU Report Abuse Keep in mind that government taxes on a gallon of gas cost you about 4 times more than the eeeevil oil company's profit on it.
firedudette Champion Author St. Louis Posts:11,902 Points:2,117,300 Joined:Jul 2005	Message Posted: Jul 17, 2012 10:46:10 AM Ignore firedudette Report Abuse It's all Bush's fault.....
ElkManMI Veteran Author Grand Rapids Posts:297 Points:596,550 Joined:Aug 2009	Message Posted: Jul 17, 2012 10:35:30 AM Ignore ElkManMI Report Abuse We will nolonger see $2.00 gas.
Tutootin Champion Author Toronto Posts:10,121 Points:3,077,430 Joined:Jun 2004	Message Posted: Jul 17, 2012 10:27:39 AM Ignore Tutootin Report Abuse Lilly02, Me too!
BudsterMO Champion Author Kansas City Posts:3,710 Points:703,930 Joined:Aug 2009	Message Posted: Jul 17, 2012 10:15:56 AM Ignore BudsterMO Report Abuse Stop Oil Speculation (SOS) NOW! Develope and promote alternative forms of energy everywhere possible.
jimmy544 Champion Author Boston Posts:4,112 Points:653,855 Joined:Feb 2011	Message Posted: Jul 17, 2012 10:12:16 AM Ignore jimmy544 Report Abuse My guess is this is temporary but long term the price only goes up so that is why we must get off of oil.
pulpwood Champion Author Mississippi Posts:7,379 Points:1,859,605 Joined:Sep 2006	Message Posted: Jul 17, 2012 10:05:15 AM Ignore pulpwood Report Abuse big oil needs more profit taking.
DarthDadJr Champion Author Virginia Posts:7,312 Points:1,521,420 Joined:Jul 2008	Message Posted: Jul 17, 2012 10:04:23 AM Ignore DarthDadJr Report Abuse Drilling won't solve it...
ghmortensen Champion Author Minnesota Posts:1,994 Points:1,669,655 Joined:Jan 2007	Message Posted: Jul 17, 2012 10:01:51 AM Ignore ghmortensen Report Abuse DRILL - DRILL - DRILL
ammamama13 Rookie Author California Posts:96 Points:68,285 Joined:May 2011	Message Posted: Jul 17, 2012 10:00:36 AM Ignore ammamama13 Report Abuse it appears that when gas goes down in the east, prices go up in the west and vice versa. prices have been slowly going down, but just waiting for that first bump up in prices again. i still say greed, pure unadulterated greed!
LVNV6ofSpades Champion Author Las Vegas Posts:1,624 Points:362,260 Joined:Apr 2008	Message Posted: Jul 17, 2012 10:00:14 AM Ignore LVNV6ofSpades Report Abuse Still dropping here, but dont know for how long.
Goody2317 All-Star Author Wilmington Posts:680 Points:619,255 Joined:Jun 2008	Message Posted: Jul 17, 2012 9:59:24 AM Ignore Goody2317 Report Abuse I really feel like a roller coaster ride with prices. The sad part is with a roller coaster, the fast parts are supposed to be the down hills, not the up hills.
Lilly02 Champion Author Rockford Posts:1,663 Points:524,840 Joined:Oct 2011	Message Posted: Jul 17, 2012 9:59:02 AM Ignore Lilly02 Report Abuse I agree with leraar2
puinsai808 Champion Author Honolulu Posts:3,544 Points:727,305 Joined:May 2011	Message Posted: Jul 17, 2012 9:58:55 AM Ignore puinsai808 Report Abuse ok
The3rd Champion Author Jacksonville Posts:2,866 Points:827,235 Joined:Jul 2004	Message Posted: Jul 17, 2012 9:58:54 AM Ignore The3rd Report Abuse still too high
PathTrack Champion Author Twin Cities Posts:1,203 Points:134,685 Joined:Jan 2005	Message Posted: Jul 17, 2012 9:58:52 AM Ignore PathTrack Report Abuse Everyone forecasted $5 gas this summer, PD forecasted the same, no one can predict the price of gas.
ggordo Champion Author Long Island Posts:1,675 Points:354,680 Joined:Apr 2012	Message Posted: Jul 17, 2012 9:58:44 AM Ignore ggordo Report Abuse up up and away
TuanCanCook Champion Author Los Angeles Posts:12,136 Points:656,765 Joined:Jun 2011	Message Posted: Jul 17, 2012 9:58:23 AM Ignore TuanCanCook Report Abuse Ok
bikerchicklette Champion Author Washington Posts:5,889 Points:1,296,845 Joined:Sep 2005	Message Posted: Jul 17, 2012 9:57:07 AM Ignore bikerchicklette Report Abuse ohmegosh !!
WebGabe Champion Author Pennsylvania Posts:2,369 Points:496,620 Joined:Jun 2007	Message Posted: Jul 17, 2012 9:56:36 AM Ignore WebGabe Report Abuse :(
essel Champion Author Virginia Posts:2,713 Points:1,044,445 Joined:Nov 2007	Message Posted: Jul 17, 2012 9:56:32 AM Ignore essel Report Abuse ok
Mr Tex All-Star Author Dallas Posts:872 Points:2,493,585 Joined:Jan 2004	Message Posted: Jul 17, 2012 9:55:16 AM Ignore Mr Tex Report Abuse Remember all those forecasts of $5 gas this summer? It's July and you're complaining about price rises in the $3 range?
h2ojumper Champion Author Austin Posts:2,560 Points:707,635 Joined:Feb 2011	Message Posted: Jul 17, 2012 9:54:59 AM Ignore h2ojumper Report Abuse Ok
oppdetcon Champion Author Ottawa Posts:1,431 Points:498,600 Joined:Feb 2011	Message Posted: Jul 17, 2012 9:54:27 AM Ignore oppdetcon Report Abuse Gas is $5.48 a gallon in the Upper Ottawa Valley, Ontario Canada...
mplato Champion Author Columbia Posts:8,249 Points:1,815,270 Joined:Jun 2004	Message Posted: Jul 17, 2012 9:54:06 AM Ignore mplato Report Abuse if $.05 a day is edging up...the press is trying to make it look good to keep obummer in office. gas prices and unemployment will undo obummer