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PD Moderator	Message Posted: Sep 7, 2011 10:13:43 AM Ignore PD Report Abuse With summer driving season officially over, we lose some (note- some, but not all) pressure on gasoline prices. However, we're still contending with a somewhat active hurricane season. Just taking a quick peek at the National Hurricane Center website, I see three active storms. While none are threatening oil infrastructure right now, this remains on the mind of your average Joe trader. Gasoline price averages stand at $3.66 today in the U.S. and 126.5c/L in Canada, having moved up slightly in the last week, likely thanks to Irene-related shutdowns as well as Lee-related shutdowns in the Gulf. I'm starting to wonder if oil companies are beginning to use such storms to evacuate their facilities and keep pressure on prices. (It's a good... Visit GasBuddy Blog for full article

Moderator

Message Posted: Sep 7, 2011 10:13:43 AM

Ignore PD Report Abuse

With summer driving season officially over, we lose some (note- some, but not all) pressure on gasoline prices. However, we're still contending with a somewhat active hurricane season. Just taking a quick peek at the National Hurricane Center website, I see three active storms. While none are threatening oil infrastructure right now, this remains on the mind of your average Joe trader.

Gasoline price averages stand at $3.66 today in the U.S. and 126.5c/L in Canada, having moved up slightly in the last week, likely thanks to Irene-related shutdowns as well as Lee-related shutdowns in the Gulf. I'm starting to wonder if oil companies are beginning to use such storms to evacuate their facilities and keep pressure on prices. (It's a good...

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dimplesinbedfor Rookie Author Fort Worth Posts:15 Points:2,175 Joined:May 2011	Message Posted: Sep 13, 2011 8:30:31 PM Ignore dimplesinbedfor Report Abuse Around noon I put $20 in my tank at Walmart w/my preloaded card & received the 10 cents off per gallon rate of $3.23 rather than $3.33. When I got home at 3:30, the price had dropped another cent to posted $3.32. I'm not sure if I should fill up for wait to see if it drops again....
NotmeuQc Champion Author Montreal Posts:5,651 Points:1,133,925 Joined:Apr 2009	Message Posted: Sep 8, 2011 6:55:20 AM Ignore NotmeuQc Report Abuse As of this morning, we are 13.3/L higher than the Canadian average.
kgbellman Champion Author Ann Arbor Posts:2,713 Points:731,840 Joined:Mar 2011	Message Posted: Sep 8, 2011 1:46:32 AM Ignore kgbellman Report Abuse Well, that's nit the average around here. Let's hope the prices let up a bit.
N5EXY Champion Author Austin Posts:5,492 Points:1,510,230 Joined:Jul 2004	Message Posted: Sep 8, 2011 1:11:35 AM Ignore N5EXY Report Abuse Wish we could get a cat 1 or 2 hurricane in Texas.
pgerassi Champion Author Milwaukee Posts:10,896 Points:2,131,605 Joined:Apr 2007	Message Posted: Sep 8, 2011 12:32:23 AM Ignore pgerassi Report Abuse Same old, same old.
heartbroken2010 Champion Author Ottawa Posts:4,344 Points:897,535 Joined:Aug 2010	Message Posted: Sep 8, 2011 12:23:21 AM Ignore heartbroken2010 Report Abuse sorry guys , but the price up here in Ottawa , has been fairly steady this week @ $1.28.0 per litre & to my surprise , tommorrow , Thurs. , Sept. 8 , it is supposed to be $1.30. per litre if not a bit more .
regout Champion Author Quebec Posts:2,955 Points:832,705 Joined:May 2010	Message Posted: Sep 8, 2011 12:17:03 AM Ignore regout Report Abuse All gas company want it's our money, they too see us pocket empty.
rxman1 Champion Author Toledo Posts:9,545 Points:1,861,895 Joined:Nov 2007	Message Posted: Sep 8, 2011 12:15:47 AM Ignore rxman1 Report Abuse You are not bad on your predictions. The weatherman is still not as close of their's
judgemobile Champion Author Ohio Posts:7,570 Points:2,445,135 Joined:Nov 2005	Message Posted: Sep 8, 2011 12:15:22 AM Ignore judgemobile Report Abuse greed and speculation are the new supply and demand. Wholesale is below 2.90 and therefore retail should be BELOW 3.40, not in the $ 3.60's.
LoneGuy Champion Author Lansing Posts:8,480 Points:2,317,995 Joined:Aug 2005	Message Posted: Sep 8, 2011 12:15:16 AM Ignore LoneGuy Report Abuse In mid Michigan we are still mostly looking at prices in the low end of $3.70's. It could be better.
tedjm1 Champion Author New York Posts:5,609 Points:800,300 Joined:Dec 2006	Message Posted: Sep 8, 2011 12:15:13 AM Ignore tedjm1 Report Abuse Down will be SLOW.
Matt G Champion Author Boston Posts:4,533 Points:2,773,040 Joined:Jun 2004	Message Posted: Sep 8, 2011 12:11:15 AM Ignore Matt G Report Abuse Go down
Bigwaynef Champion Author South Carolina Posts:11,472 Points:2,080,760 Joined:Dec 2006	Message Posted: Sep 8, 2011 12:09:53 AM Ignore Bigwaynef Report Abuse I'll let ya know when the wind picks up again...
camel1 Champion Author Minnesota Posts:8,265 Points:2,265,640 Joined:Jul 2006	Message Posted: Sep 8, 2011 12:09:51 AM Ignore camel1 Report Abuse ok
mikaye Champion Author Cleveland Posts:3,829 Points:864,435 Joined:Jun 2010	Message Posted: Sep 8, 2011 12:09:39 AM Ignore mikaye Report Abuse if there is a breeze it is used to up prices it does not have to go near refineries or rigs to up prices
tampacrvdriver Champion Author Tampa Posts:3,351 Points:712,210 Joined:May 2011	Message Posted: Sep 8, 2011 12:08:42 AM Ignore tampacrvdriver Report Abuse scary
gassaver2008AZ Rookie Author Phoenix Posts:6 Points:37,045 Joined:Jul 2011	Message Posted: Sep 8, 2011 12:07:44 AM Ignore gassaver2008AZ Report Abuse i think that pressure is a result but i will take that result to keep from losing lives. its just money folks you can replace it you cant replace a life.
quasar502 Champion Author Lansing Posts:3,583 Points:801,350 Joined:Jan 2011	Message Posted: Sep 8, 2011 12:06:49 AM Ignore quasar502 Report Abuse Following the stock market instead of gas demand dropoff.
TheeRedRam Champion Author Hartford Posts:3,163 Points:672,635 Joined:Jun 2011	Message Posted: Sep 8, 2011 12:06:10 AM Ignore TheeRedRam Report Abuse Should be intresting.
1Casey Champion Author Albany Posts:6,528 Points:1,791,785 Joined:Jun 2004	Message Posted: Sep 7, 2011 11:57:21 PM Ignore 1Casey Report Abuse $peculation.
payogie Champion Author Atlanta Posts:1,047 Points:301,510 Joined:Feb 2005	Message Posted: Sep 7, 2011 11:52:48 PM Ignore payogie Report Abuse Always a reason to keep the prices up.
Eric2448 Champion Author Pennsylvania Posts:1,131 Points:230,900 Joined:Mar 2011	Message Posted: Sep 7, 2011 11:52:07 PM Ignore Eric2448 Report Abuse ok
Dragnet Champion Author Arizona Posts:15,406 Points:2,908,760 Joined:Jul 2004	Message Posted: Sep 7, 2011 11:42:08 PM Ignore Dragnet Report Abuse There will be more excuses from the companies about their refineries and they will drive up the prices even more. Lies line their pockets
milespergallon Champion Author Illinois Posts:9,744 Points:1,908,360 Joined:Feb 2007	Message Posted: Sep 7, 2011 11:41:51 PM Ignore milespergallon Report Abuse Excuse me, but there NEVER was any 'pressure' from summer driving. TOO many did staycations. And, the pump prices were way over priced. (Still are)
OGW Champion Author London Posts:5,324 Points:1,531,150 Joined:Sep 2005	Message Posted: Sep 7, 2011 11:41:44 PM Ignore OGW Report Abuse GasBuddy is often seen as a part of the oil industry by many customers.
hauler43 Champion Author Oakland Posts:8,158 Points:2,597,750 Joined:Sep 2003	Message Posted: Sep 7, 2011 11:40:53 PM Ignore hauler43 Report Abuse I see higher gas prices because it is hurricane season
vizilo Champion Author British Columbia Posts:5,729 Points:2,590,650 Joined:May 2004	Message Posted: Sep 7, 2011 11:38:31 PM Ignore vizilo Report Abuse for what it's worth
ext2005 Sophomore Author Kalamazoo Posts:100 Points:25,220 Joined:Jun 2011	Message Posted: Sep 7, 2011 11:37:47 PM Ignore ext2005 Report Abuse sho you right
Focus2 Champion Author Illinois Posts:7,889 Points:1,919,155 Joined:Mar 2006	Message Posted: Sep 7, 2011 11:35:18 PM Ignore Focus2 Report Abuse Good news for motorists also comes September 15 when the EPA allows winter gasoline to again be sold at retailers." Don't get your hopes up! Big Oil in the past have taken advantage of us by raising prices after Thanksgiving and continue until Memorial Day! They are after bigger profit margins! That is why we pay them a dollar a gallon more than last year. Their prices last year did not follow the drop in oil.
tippybuddy Champion Author Ontario Posts:1,523 Points:207,740 Joined:Feb 2011	Message Posted: Sep 7, 2011 11:34:48 PM Ignore tippybuddy Report Abuse I guess all excuses count but which one is the right one..it's still to high where I live
Ray_10589 Champion Author New York Posts:4,946 Points:1,182,985 Joined:May 2009	Message Posted: Sep 7, 2011 11:27:59 PM Ignore Ray_10589 Report Abuse gas at the pump still over $4
JAM11MS All-Star Author Mississippi Posts:830 Points:451,175 Joined:Feb 2011	Message Posted: Sep 7, 2011 11:24:55 PM Ignore JAM11MS Report Abuse ok
mstearno Champion Author Dayton Posts:8,066 Points:1,731,235 Joined:Jan 2008	Message Posted: Sep 7, 2011 11:24:22 PM Ignore mstearno Report Abuse way to go gasbuddy
Zonk Champion Author Michigan Posts:6,481 Points:2,102,765 Joined:Oct 2005	Message Posted: Sep 7, 2011 11:16:53 PM Ignore Zonk Report Abuse Report offers little.
defcon7 Champion Author St. Louis Posts:1,623 Points:213,620 Joined:May 2009	Message Posted: Sep 7, 2011 11:10:38 PM Ignore defcon7 Report Abuse Are you saying we can finally leave our first born at home when buying gas?
Wizrd03 Champion Author Illinois Posts:8,152 Points:1,632,335 Joined:Oct 2008	Message Posted: Sep 7, 2011 11:09:19 PM Ignore Wizrd03 Report Abuse More reason and logic in this article than all the gov't BS forecasting and smoke & mirrors
FlyNFool Champion Author South Carolina Posts:8,239 Points:1,684,975 Joined:Aug 2008	Message Posted: Sep 7, 2011 11:06:02 PM Ignore FlyNFool Report Abuse More useful than the DOE!
sipper85 Champion Author Worcester Posts:1,055 Points:1,015,285 Joined:Oct 2006	Message Posted: Sep 7, 2011 11:05:41 PM Ignore sipper85 Report Abuse Of course any excuse to constrain supply and make more profit.
g747 Champion Author Mobile Posts:4,541 Points:933,670 Joined:Jul 2009	Message Posted: Sep 7, 2011 11:03:42 PM Ignore g747 Report Abuse Thanks for the Report.
flyfast Champion Author Kansas City Posts:9,248 Points:1,825,810 Joined:Jan 2008	Message Posted: Sep 7, 2011 11:03:23 PM Ignore flyfast Report Abuse new excuses every weak
woodeye55 Champion Author Gary Posts:7,365 Points:1,857,730 Joined:Mar 2006	Message Posted: Sep 7, 2011 11:01:06 PM Ignore woodeye55 Report Abuse It only goes UP.
kgbellman Champion Author Ann Arbor Posts:2,713 Points:731,840 Joined:Mar 2011	Message Posted: Sep 7, 2011 11:00:30 PM Ignore kgbellman Report Abuse Well, that's nit the average around here. Let's hope the prices let up a bit.
LostToo Champion Author Illinois Posts:4,392 Points:975,315 Joined:May 2009	Message Posted: Sep 7, 2011 10:58:25 PM Ignore LostToo Report Abuse The preasure is still on here. We still have $3.79 and up. Does that mess up your figures for the average?
EmperorsFinest Champion Author Chicago Posts:1,564 Points:340,870 Joined:Jul 2011	Message Posted: Sep 7, 2011 10:56:08 PM Ignore EmperorsFinest Report Abuse I would love to see $3.66 a gallon in Chicago!
mwo Champion Author Twin Cities Posts:1,640 Points:1,332,675 Joined:Aug 2004	Message Posted: Sep 7, 2011 10:43:44 PM Ignore mwo Report Abuse Dreaming up new excuses for raising prices
30mpg80 Champion Author Lexington Posts:10,019 Points:1,486,880 Joined:Nov 2008	Message Posted: Sep 7, 2011 10:43:06 PM Ignore 30mpg80 Report Abuse Say it ain't so! a cent or two, and WTI crude down around $86/barrel! And gasoline should be at least a dollar lower per gallon!
schatzila Champion Author Los Angeles Posts:4,944 Points:1,015,645 Joined:Jun 2010	Message Posted: Sep 7, 2011 10:41:09 PM Ignore schatzila Report Abuse yes, it's gone up
AKmailman Champion Author Alaska Posts:5,633 Points:1,557,565 Joined:Jul 2004	Message Posted: Sep 7, 2011 10:37:24 PM Ignore AKmailman Report Abuse I don't think the hurricanes had anything to do with the price hike - it was just an excuse for greed
jjballgame All-Star Author Iowa Posts:891 Points:182,075 Joined:Jun 2010	Message Posted: Sep 7, 2011 10:36:33 PM Ignore jjballgame Report Abuse Same song and dance, different day. Hurricanes in the gulf, another excuse to raise the price at the pump
FrankTA2 Champion Author New York Posts:4,293 Points:1,095,310 Joined:Jun 2007	Message Posted: Sep 7, 2011 10:36:14 PM Ignore FrankTA2 Report Abuse All I know is it's going up now.