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GasBuddy News Article

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Gas prices briefly drop as holiday travel kicks off

MSNBC -- The first holiday traffic jam started Tuesday at several Deerfield Township gas stations, where Black Friday deals came early.

Gas prices fell to $3.05 at some stations, and drivers lined up to fill up for Thanksgiving travel.

AAA predicts that 43.6 million Americans will travel, and 90 percent of them will drive. That's an increase over 6 percent from last year.

Many police agencies will increase patrols from Wednesday night until Sunday night.

State troopers said they'll focus on stopping impaired drivers.



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Submitted Nov 21, 2012 By: aservant
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Gas prices briefly drop as holiday travel kicks off Back to Topics
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DeserTBoB
Champion Author California

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Message Posted: Nov 29, 2012 10:27:56 AM

Prices on both gasoline and diesel are STILL dropping in Southern California. In my area, there's actually "gas war" action happening at the low end of the price scale, with two independents battling with Costco to be the lowest regular. This is causing a number of the "mid-price" retailers in the area to drop their regular 15¢ below, sometimes 18¢, below 89 octane "mid-grade." One good trend is that some retailers, both independents and majors, are now getting smart and are taking advantage of dumbbell drivers who buy premium. One station had a 20¢ spread from mid-grade to premium, putting it back over $4...and idiots were buying it! 99.5% of the cars on the road DO NOT NEED PREMIUM...OR "mid-grade!" But hey, let them pay for our 87 regular! Only saps and Corvette or Viper drivers NEED premium. Otherwise, you're making the oil refiners VERY happy.
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 27, 2012 5:57:50 AM

heyd: me too.
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heydano67
Champion Author California

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Message Posted: Nov 26, 2012 5:51:21 AM

still waiting for a diesel drop
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 26, 2012 5:47:34 AM

up here to 3.33 average as of today.
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 25, 2012 8:05:27 AM

still slightly dropping here. But not fast or much. 1 penny here or there. Mostly stabilized around $3.29.
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remay
Champion Author Houston

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Message Posted: Nov 22, 2012 4:40:52 PM

Yeah, it's been amazing. Wish it could stay at or below...
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DeserTBoB
Champion Author California

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Points:292,945
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Message Posted: Nov 22, 2012 1:31:38 PM

"Out here, name brand gas continues to inch downward, but generic gas has leveled off and crept up a little. " --jcurley

What you're seeing there is a leading indicator that the market has found a "bottom." With a near-monopoly in place in the CA refining business (currently under investigation by the Attorney General's and Governor's offices) you're going to see this effect every time they feel it's time to throw a plug into falling prices..."they" being the REFINERS. Right now in Southern CA, ARCO is the downward price leader (as always) but isn't supplying the "independents" like they were a month ago. So you'll see what I call "dairy gas" going for $3.85 while ARCO is down now around $3.65. Once the bottom has been formed, "dairy gas" will climb faster. One smaller refiner who's pricing themselves out of the market: Valero. They should be gone from the market by next year. They're overplaying their hand in manipulatin the ethonol market, and are jacking up retail fuel prices to fund purchases of ethanol producers.
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blupupher
Champion Author Houston

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Message Posted: Nov 22, 2012 9:02:30 AM

not around here
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BEGTWO
Champion Author Maryland

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Message Posted: Nov 22, 2012 8:01:13 AM

I Like That!!!
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Bill100
Champion Author Grand Rapids

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Message Posted: Nov 22, 2012 4:49:05 AM

Old news. Brifly rising now. These brief perionds last laonger when prices are rising.
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jrs4125
Champion Author Indiana

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Message Posted: Nov 22, 2012 4:18:08 AM

Gas over 3.50 a gallon in my area.
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jcurley
Champion Author California

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Message Posted: Nov 22, 2012 2:58:46 AM

Out here, name brand gas continues to inch downward, but generic gas has leveled off and crept up a little.
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jorod55
Champion Author California

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Message Posted: Nov 22, 2012 12:38:03 AM

If the cops are really looking for impaired drivers they should venture out on the highways around here during commute time on any given day.
Between cell phone abuse, makeup application and that dip sh*t reading his ipad, I'm sure they could have plenty of reasons to create extra revenue for the cities, counties and state.
Why just do it on a holiday?
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Zonk
Champion Author Michigan

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Message Posted: Nov 22, 2012 12:30:13 AM

No drop in southern Michigan. Price at the pump increased 4-5% on Tuesday.
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VikingWoman
Champion Author Washington

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Message Posted: Nov 22, 2012 12:12:28 AM

$3.18 for regular is the lowest price where I live but I see as high as $3.89 and those stations are about 3 blocks from each other. The one with the cheapest gas also has the best beer cooler!
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ruca2012
Champion Author San Diego

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Message Posted: Nov 22, 2012 12:10:34 AM

prices already started to rise again. thats a cycle.
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jrschl
Champion Author Louisville

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Message Posted: Nov 22, 2012 12:06:17 AM

Just letting travelers get away from home. Then the prices will shoot up. Hang on for the ride.
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rahcat
Champion Author Grand Rapids

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Message Posted: Nov 22, 2012 12:04:47 AM

Not here, prices back up to $3.65.
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mia3bxs
All-Star Author Miami

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Message Posted: Nov 22, 2012 12:01:19 AM

I'm travelling too. Let the price go down....
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mrreferee
Champion Author Savannah

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Message Posted: Nov 22, 2012 12:00:44 AM

Drop?? they have shoy up 18 cents a gal. in less than a week...
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PrettyLittleLady
Champion Author Modesto

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Message Posted: Nov 21, 2012 11:57:27 PM

Our Diesel prices keep getting higher Almost $4.00.
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mstearno
Champion Author Dayton

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Message Posted: Nov 21, 2012 11:55:30 PM

aaa must have some pot smokers working we jumped 20 cents UP this week
and I bought gas on monday and saved $4 with my 20 gallon tank
YEAH
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OGW
Champion Author London

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Message Posted: Nov 21, 2012 11:55:13 PM

Must have been real brief as we did not see it go down before it went up!
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Ahking
Champion Author Orange County

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Message Posted: Nov 21, 2012 11:44:30 PM

why don't we get a lower price when we buy more gas?
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camel1
Champion Author Minnesota

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Message Posted: Nov 21, 2012 11:42:56 PM

up 8 cents since Sunday here
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WalkingWV
Champion Author West Virginia

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Message Posted: Nov 21, 2012 11:39:26 PM

Up 32 cents here, now $3.59.
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bvrbill
Champion Author Eugene

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Message Posted: Nov 21, 2012 11:37:39 PM

Didn't drop here.
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WalkingWV
Champion Author West Virginia

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Message Posted: Nov 21, 2012 11:34:21 PM

Up 32 cents here, now $3.59.
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Cellsite
Champion Author Appleton

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Message Posted: Nov 21, 2012 11:33:26 PM

Everybody on my route went up a lot, today.
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The3rd
Champion Author Jacksonville

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Message Posted: Nov 21, 2012 11:33:00 PM

Now there's a reason to increase gas prices "AAA predicts that 43.6 million Americans will travel, and 90 percent of them will drive."
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mcmonsta
Champion Author Honolulu

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Message Posted: Nov 21, 2012 11:32:16 PM

yes, impaired drivers need a helping hand...off the road!!!
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drz614
Champion Author Harrisburg

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Message Posted: Nov 21, 2012 11:30:25 PM

ok
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tco9436
Champion Author Connecticut

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Message Posted: Nov 21, 2012 11:26:04 PM

Contradiction to above article!
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jrsva
Champion Author Virginia

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Message Posted: Nov 21, 2012 11:24:21 PM


Locally gas is the same price to the penny as it was for Thanksgiving 2011,
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bonzoonfmb
Champion Author Florida

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Message Posted: Nov 21, 2012 11:23:28 PM

Gas prices are too high.
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shari128
All-Star Author Iowa

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Message Posted: Nov 21, 2012 11:20:24 PM

I wish the gas prices where that here!! Thr lowest I've seen is $ 3.24.
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dlemma
Champion Author Wyoming

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Message Posted: Nov 21, 2012 11:16:30 PM

do focus on impaired drivers.
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erik_8
All-Star Author Toronto

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Message Posted: Nov 21, 2012 11:15:58 PM

They just raise the price.
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wayoung56
Champion Author Alabama

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Message Posted: Nov 21, 2012 11:14:24 PM

Prices have been stable here for almost a week...
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Johnnyrebell12
Champion Author Massachusetts

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Message Posted: Nov 21, 2012 11:14:01 PM

Just like drug dealer drop the price of gas and then when they go to return home increase the price and they'll have to pay to get home LoL
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Fitwit
Champion Author Stockton

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Message Posted: Nov 21, 2012 11:11:32 PM

Go with God and he doesn't do alcoholic beverages.
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fuelsaverMN
Champion Author Twin Cities

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Message Posted: Nov 21, 2012 11:10:51 PM

Politics as usual.
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mlmeng
Champion Author Michigan

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Message Posted: Nov 21, 2012 11:09:13 PM

Big jump and small drop in gas prices recently here.
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weenerdog
Champion Author Detroit

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Message Posted: Nov 21, 2012 11:03:01 PM

i don't think so
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camaro_man
Champion Author Kitchener-Waterloo

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Message Posted: Nov 21, 2012 11:02:36 PM

then up higher....
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Lukus
Champion Author Halifax

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Message Posted: Nov 21, 2012 11:02:02 PM

Oh Yeah, dropping prices?
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OrangeBarrels
Champion Author Chicago

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Message Posted: Nov 21, 2012 10:58:04 PM

What dropping prices? The only thing dropping here is the cash out of my wallet.
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goodbuy
Champion Author Michigan

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Message Posted: Nov 21, 2012 10:57:50 PM

Went UP here. We are NOT being gouged though.
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59glide
Champion Author New Haven

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Message Posted: Nov 21, 2012 10:55:34 PM

At $ 3.73 the cheapest I have seen around here .That's still to close to $ 4.00 for me.
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nimpy
Champion Author Indianapolis

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Message Posted: Nov 21, 2012 10:55:03 PM

Don't worry they will surely go back up
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