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GasBuddy News Article

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Cali: Light at the end of the tunnel

GasBuddy Blog -- Today's been busy. Swamped. Everyone wants to know everything about California gas prices. If that wasn't enough, the Great Lakes region saw its own price hike today, completely unrelated to the situation in Cali. For simplicity, we'll only talk about California here, because of their all time record high prices.

Good news: there's light at the end of the tunnel. No, it won't come as fast as I, or anyone else wants it. But it is coming. Today, gasoline spot prices fell considerably. That's an excellent sign. The caveat is that it may take a few days for stations to start lowering their prices because they aren't yet buying the cheaper gasoline.

For Californians, I expect perhaps 24-72 hours more of rising prices, although...


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Submitted Oct 05, 2012 By: PD
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REPLIES (newest first) Post a Reply
indyjim
Champion Author Indianapolis

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Message Posted: Nov 12, 2012 9:18:03 AM

Prices are too high everywhere.
Vette1967
Champion Author Albany

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Message Posted: Nov 12, 2012 2:10:20 AM

okay.
Donatelo
Champion Author Dayton

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Message Posted: Nov 10, 2012 12:12:58 PM

ok
clpassenubye
Champion Author Los Angeles

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Message Posted: Nov 10, 2012 12:04:04 PM

There's a light at the end of the tunnel alright its another oncoming train.
TOOMUCH
Veteran Author Toronto

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Message Posted: Nov 10, 2012 8:31:12 AM

Same problem
paulweb
Champion Author Ohio

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Message Posted: Nov 10, 2012 7:52:23 AM

Yet the CA voters approved a huge tax increase (Prop 30) on themselves. So glad I don't live there.
99dakota
Champion Author Providence

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Message Posted: Nov 10, 2012 6:10:17 AM

They voted for the fools that made these crazy rules. Now they have to live with them...
REKEY
Champion Author South Carolina

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Message Posted: Nov 8, 2012 6:05:07 PM

Train?
dcone2
Champion Author Los Angeles

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Message Posted: Oct 16, 2012 6:36:11 PM

ok
gasokie
Champion Author Oklahoma

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Message Posted: Oct 16, 2012 10:24:23 AM

This will probably wipe out another bunch of "Mom and Pop" stations. If you buy $35,000 worth of gas and the next day or two it takes a big drop you may not be able to just sit on it. If the guy on the other corner has it a dime cheaper you're screwed. If you meet his price you're screwed. If you have enough money in the bank to cover it you need to retire while you still have money.
dcone2
Champion Author Los Angeles

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Message Posted: Oct 15, 2012 7:28:08 PM

ok
honda0105
Champion Author Tallahassee

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Message Posted: Oct 15, 2012 5:40:32 AM

I can see where northern states need a different blend for the colder months... though there are too many restrictions in CA overall.
txrojo2005
Champion Author Austin

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Message Posted: Oct 14, 2012 10:29:54 AM

Go to a single blend nationwide. This is what too many regulations get you.
honda0105
Champion Author Tallahassee

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Message Posted: Oct 14, 2012 8:11:49 AM

gocart: always been that way.
GasPriceHelp4u
Champion Author Dayton

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Message Posted: Oct 14, 2012 8:05:55 AM

That's really pathetic to charge that much for gas in CA!!!
GocartMozart
Champion Author Los Angeles

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Message Posted: Oct 14, 2012 3:23:59 AM


Sep 28: $4.13 - Price in CA 7 days before this post
Oct. 2: $4.22 - Price in CA 3 days before this post
Oct. 5: $4.62 - Price in CA at time of this GB Blog post
Oct. 8: $4.66 - Price in CA 3 days after this post
Oct 12: $4.60 - Price in CA 7 days after this post

Dime it up; penny it down.
garywa01
Sophomore Author Alberta

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Message Posted: Oct 14, 2012 1:14:07 AM

not good
honda0105
Champion Author Tallahassee

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Message Posted: Oct 13, 2012 8:28:41 AM

you're in CA...
Karisholman
Veteran Author Nevada

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Message Posted: Oct 13, 2012 4:20:16 AM

Thank goodness it will come down, but why is it just as high on the Nevada border?
clpassenubye
Champion Author Los Angeles

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Message Posted: Oct 12, 2012 4:20:14 PM

I haven't seen the light yet
swbirder
Rookie Author California

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Message Posted: Oct 12, 2012 10:19:28 AM

What are the odds in Vegas that gas prices will come down to what they were two weeks ago? Right.
honda0105
Champion Author Tallahassee

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Message Posted: Oct 12, 2012 5:43:30 AM

the light at the end of the tunnel is more like Pig Oil burning down (or letting it burn down?) another refinery.
GasHunter0007
Veteran Author California

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Message Posted: Oct 10, 2012 8:24:09 PM

There's no stopping this price hike. Tighten supply and demands go up along with $$$$, kaching, kaching....(who's pocket does it go to??? Follow the money....)
Ray_10589
Champion Author New York

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Message Posted: Oct 8, 2012 10:40:50 PM

freight train...
DesertRat2011
Champion Author Riverside

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Message Posted: Oct 8, 2012 4:34:32 PM

Long tunnel & very dim light!
clpassenubye
Champion Author Los Angeles

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Message Posted: Oct 8, 2012 12:16:52 PM

hurry light
tomok
Champion Author Portland

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Message Posted: Oct 8, 2012 12:10:00 PM

Cali: Light at the end of the tunnel? How bright is the light, how long is the tunnel and what's at the other end? Cali will always have high prices because of their special fuel blends.
Big Oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. 'Coming out of the closet' Fred's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the jobs are Not here. Fred's economy is not improving but continues to hurt the population and the job numbers continue to be down – no matter how smoooooth talking Fred spins those numbers! People will still drive and buy fuel no matter what but it sure helps to have a job!
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their personal benefit.
How much will gas prices go up and they will rise, the trend is always up with fuel prices. The price at the pump needs to go down to $2/gallon, $3, $3.50/gallon or $4.00 is Not the new low!
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
XII/XXII/MMXII!
txrojo2005
Champion Author Austin

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Message Posted: Oct 8, 2012 11:15:00 AM

I agree with HawaiianGuy.
HawaiianGuy
Champion Author Idaho

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Message Posted: Oct 8, 2012 10:44:10 AM

Bad news for Californians. That so-called "light" at the end of the tunnel? It's a TRAIN.
ramman2012
Champion Author Edmonton

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Message Posted: Oct 8, 2012 10:17:43 AM

ok
DLCAN
Champion Author Toronto

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Message Posted: Oct 8, 2012 9:12:41 AM

hope the good news spread to the rest of the NA.
TCon313
All-Star Author New York

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Message Posted: Oct 8, 2012 8:58:44 AM

Yikes!!!
Ron77095
Champion Author Houston

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Message Posted: Oct 8, 2012 8:36:00 AM

Ok.
Badmoon
Champion Author Massachusetts

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Message Posted: Oct 8, 2012 8:35:57 AM

More old news.
Dailyrun
Champion Author Kentucky

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Message Posted: Oct 8, 2012 8:35:24 AM

so the greed is going away? sure!
prius22
Champion Author Twin Cities

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Message Posted: Oct 8, 2012 8:34:40 AM

It'll still be high for a while.
red82mtu
Champion Author Michigan

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Message Posted: Oct 8, 2012 8:34:38 AM

I have no sympathy.
JWHITE1937
Champion Author Massachusetts

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Message Posted: Oct 8, 2012 8:34:20 AM

OIL LAMP
HelenT
Champion Author Buffalo

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Message Posted: Oct 8, 2012 8:33:05 AM

old
RangerBob58
Champion Author Dayton

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Message Posted: Oct 8, 2012 8:32:47 AM

OK
Jebeahm
Champion Author Maryland

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Message Posted: Oct 8, 2012 8:32:29 AM

old news
DrZNY
Champion Author Albany

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Message Posted: Oct 8, 2012 8:31:45 AM

Come on, this is three days old!
rockymountman
Champion Author Roanoke

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Message Posted: Oct 8, 2012 8:31:26 AM

ok
ace07
Champion Author Utah

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Message Posted: Oct 8, 2012 8:30:23 AM

old
GasholeMI
Champion Author Lansing

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Message Posted: Oct 8, 2012 8:29:59 AM

Me too, deja vu.
91Hilux
Champion Author New Haven

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Message Posted: Oct 8, 2012 8:28:51 AM

I have the strangest feeling of deja vu.
Tiernan
Champion Author Chicago

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Message Posted: Oct 8, 2012 8:28:31 AM

Day #2. Still painful.
BCM1
Champion Author Pennsylvania

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Message Posted: Oct 8, 2012 8:27:38 AM

You have to feel for the Californians, but they did it to themselves. They let their government go way beyond its bounds and now they pay for it.

[Edited by: BCM1 at 10/8/2012 8:28:06 AM EST]
oas
Champion Author Maryland

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Message Posted: Oct 8, 2012 8:27:09 AM

Some really old news.
njerald
Champion Author Seattle

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Message Posted: Oct 8, 2012 8:27:05 AM

This article is pure......baloney.
DRJ
Champion Author Columbus

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Message Posted: Oct 8, 2012 8:26:35 AM

It's a train!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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