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PD Moderator	Message Posted: Nov 29, 2010 10:13:20 AM Ignore PD Report Abuse Evaluating last week's prediction for this week, I said "By next Monday, I expect the national average in the U.S. to drop to $2.85 while prices in Canada will drop to 104.9c/L." Taking a look this morning, the average is $2.859 for the U.S. and 105.9c/L in Canada. While I was close to the U.S. average, the average in Canada actually moved higher, so I'll call it "close". With wholesale markets uneasy to start this week, we may see wholesale prices climb the entire week while retail prices drop for the first few days before holding steady or rising later in the week. We continue to watch outside influences on gasoline prices, such as an EU bailout in Ireland and military maneuvers in North and South Korea. Prices... Visit GasBuddy Blog for full article

Moderator

Message Posted: Nov 29, 2010 10:13:20 AM

Ignore PD Report Abuse

Evaluating last week's prediction for this week, I said "By next Monday, I expect the national average in the U.S. to drop to $2.85 while prices in Canada will drop to 104.9c/L." Taking a look this morning, the average is $2.859 for the U.S. and 105.9c/L in Canada. While I was close to the U.S. average, the average in Canada actually moved higher, so I'll call it "close".

With wholesale markets uneasy to start this week, we may see wholesale prices climb the entire week while retail prices drop for the first few days before holding steady or rising later in the week.

We continue to watch outside influences on gasoline prices, such as an EU bailout in Ireland and military maneuvers in North and South Korea.

Prices...

Visit GasBuddy Blog for full article

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1006 Champion Author Birmingham Posts:1,105 Points:1,357,065 Joined:Apr 2008	Message Posted: Dec 2, 2010 6:32:24 AM Ignore 1006 Report Abuse what about 1 year from now?
1006 Champion Author Birmingham Posts:1,105 Points:1,357,065 Joined:Apr 2008	Message Posted: Dec 1, 2010 6:31:00 AM Ignore 1006 Report Abuse that is why we have 'experts'
honda0105 Champion Author Tallahassee Posts:18,650 Points:1,612,445 Joined:Nov 2008	Message Posted: Dec 1, 2010 6:12:39 AM Ignore honda0105 Report Abuse well, prices here are 2.85 vs. 2.63 a year ago.
honda0105 Champion Author Tallahassee Posts:18,650 Points:1,612,445 Joined:Nov 2008	Message Posted: Dec 1, 2010 6:04:35 AM Ignore honda0105 Report Abuse at least the stations along my route are relatively stable. They may jump, but then stay while other stations do some major yo-yo games.
luvmyburgi Champion Author Ohio Posts:5,846 Points:963,145 Joined:Sep 2005	Message Posted: Nov 30, 2010 4:30:13 PM Ignore luvmyburgi Report Abuse Price of fuel has went up today in my area.
nervous Sophomore Author Ventura Posts:221 Points:4,545 Joined:Oct 2010	Message Posted: Nov 30, 2010 10:55:35 AM Ignore nervous Report Abuse i'll do a 6 month outlook. next spring it will most likly consume 60% of your income to get back and forth to get work. then add 30% for food food cost. then 20% on city services (trash,water,ect.), then mortgages then so on and so on. oh wait a minute no money left after city services. ah this can't happen were gonna become energy independent wright. then i woke up. yep fuel cost still sucks in so-cal.
tomok Champion Author Portland Posts:33,090 Points:2,348,435 Joined:Aug 2006	Message Posted: Nov 30, 2010 9:30:30 AM Ignore tomok Report Abuse An average or not, the price at the pump is too high!
packards42 Champion Author Washington Posts:6,452 Points:1,130,340 Joined:Feb 2005	Message Posted: Nov 30, 2010 4:06:05 AM Ignore packards42 Report Abuse Doesn't mater what all these "experts" guess, it the refiners and suppliers that define ur pricing. Rarely is value driven by the end users, Long lines at Costco. but that it.
TIGERPAW46 Champion Author Florida Posts:7,141 Points:1,358,605 Joined:Mar 2004	Message Posted: Nov 30, 2010 3:24:07 AM Ignore TIGERPAW46 Report Abuse America has cut consumption but oil suppliers and Speculators will continue to push prices higher. World demand will keep consumption up more than we can decrease due to other countries growth in use. Everyone knows we will need about the same or more petroleum for at least 20 yrs. Therefore we must increase Drilling & production of Shale oil within the USA & stop speculation in the USA.
moremissions200 Champion Author Rhode Island Posts:10,531 Points:2,030,110 Joined:Jan 2007	Message Posted: Nov 30, 2010 3:06:35 AM Ignore moremissions200 Report Abuse drilling our own...what an inspirational concept....maybe it could be coded in subliminal messages and beamed to Congress, and maybe even to the acting president during his sleep
Powerstroke73L Champion Author Sacramento Posts:2,816 Points:731,150 Joined:Jul 2008	Message Posted: Nov 30, 2010 2:47:23 AM Ignore Powerstroke73L Report Abuse >>"We continue to watch outside influences on gasoline prices, such as an EU bailout in Ireland and military maneuvers in North and South Korea."<< -------------------------------------------- Yeah, the important stuff like if one country that doesn't affect us at all has to go on welfare or two other countries (who ought to go to war and be done with it once and for all anyway) went to heck and somehow affected our oil imports........ we'd only have enough stored for 8 months and we might even have to start drilling for our own.....
TWS658 Champion Author Portland Posts:4,543 Points:950,875 Joined:Sep 2005	Message Posted: Nov 30, 2010 2:43:10 AM Ignore TWS658 Report Abuse The many factors of fuel prices.
nurdco Champion Author Colorado Springs Posts:9,256 Points:1,698,410 Joined:Apr 2008	Message Posted: Nov 30, 2010 2:37:43 AM Ignore nurdco Report Abuse G R E E D
Eichhornchen Champion Author Detroit Posts:3,787 Points:750,470 Joined:Feb 2009	Message Posted: Nov 30, 2010 2:30:43 AM Ignore Eichhornchen Report Abuse The price for outsourcing energy.
Dogo1 All-Star Author Cleveland Posts:679 Points:148,755 Joined:Nov 2010	Message Posted: Nov 30, 2010 2:29:57 AM Ignore Dogo1 Report Abuse I say that the oil companies profits are still at an all time high and the consumers money are at an all time low. Not to mention the result of all this which is an even worse economy imagined while the rich get richer and stronger and the poor are getting poorer and weaker.
4warned Champion Author Michigan Posts:5,814 Points:2,165,585 Joined:Nov 2006	Message Posted: Nov 30, 2010 2:25:31 AM Ignore 4warned Report Abuse The speculators are in there glory with every thing that is going on involving oil.
BobD2009 Champion Author Long Island Posts:7,009 Points:1,243,785 Joined:Apr 2009	Message Posted: Nov 30, 2010 2:23:52 AM Ignore BobD2009 Report Abuse Pump prices are holding steady.
BeckyBeezer Rookie Author Cincinnati Posts:54 Points:13,370 Joined:Oct 2010	Message Posted: Nov 30, 2010 2:23:22 AM Ignore BeckyBeezer Report Abuse Will always welcome any gas savings!
speedys Champion Author Utah Posts:7,032 Points:2,561,810 Joined:Nov 2005	Message Posted: Nov 30, 2010 2:20:37 AM Ignore speedys Report Abuse It is a lot of nice predictions.
NOTSOGRN Champion Author Michigan Posts:2,060 Points:1,514,945 Joined:Dec 2007	Message Posted: Nov 30, 2010 2:14:49 AM Ignore NOTSOGRN Report Abuse . . Yup it hovered till T/day was over & started to drop & continues to drop. . FINGERS CROSSED. [Edited by: NOTSOGRN at 11/30/2010 2:15:35 AM EST]
goodbuy Champion Author Michigan Posts:7,683 Points:1,425,505 Joined:May 2005	Message Posted: Nov 30, 2010 2:07:53 AM Ignore goodbuy Report Abuse I hope they are wrong.
Saturn93 Champion Author Salt Lake City Posts:7,292 Points:1,640,885 Joined:Oct 2006	Message Posted: Nov 30, 2010 1:59:37 AM Ignore Saturn93 Report Abuse Still more accurate than the costly government reports. Thanks, Gas Buddy.
neemund Champion Author Seattle Posts:6,566 Points:1,548,425 Joined:Jan 2007	Message Posted: Nov 30, 2010 1:55:26 AM Ignore neemund Report Abuse I haven't seen gas as cheap as $2.85 for almost 2 months.
nstrdnvstr Champion Author Twin Cities Posts:36,875 Points:3,987,880 Joined:May 2001	Message Posted: Nov 30, 2010 1:43:59 AM Ignore nstrdnvstr Report Abuse So we should fill up soon.
Ltdc Champion Author Long Island Posts:7,230 Points:1,680,795 Joined:Jul 2007	Message Posted: Nov 30, 2010 1:35:50 AM Ignore Ltdc Report Abuse What will be will be. The future is not ours to see. OK, so I borrowed that from the old song. ;-)
dabuzman Champion Author Seattle Posts:4,467 Points:1,814,785 Joined:Apr 2006	Message Posted: Nov 30, 2010 1:34:38 AM Ignore dabuzman Report Abuse That would be a welcome price in the Western states.
grouch311 Champion Author Peoria Posts:6,381 Points:1,576,040 Joined:Jun 2007	Message Posted: Nov 30, 2010 1:33:09 AM Ignore grouch311 Report Abuse still way too expensive for most people
billy44bo Champion Author Mobile Posts:7,222 Points:1,493,795 Joined:Feb 2008	Message Posted: Nov 30, 2010 1:26:37 AM Ignore billy44bo Report Abuse wish he would have an prediction of gas back under one dollar for a few years.
greenfog Champion Author Illinois Posts:6,508 Points:1,642,230 Joined:Feb 2008	Message Posted: Nov 30, 2010 1:24:25 AM Ignore greenfog Report Abuse was down to 2.65 this morning and now jumped to 2.89 but that is a lower price after the last jump that went to 2.98. it is still way to high for the demand.
srchr Champion Author San Jose Posts:7,269 Points:1,622,975 Joined:Apr 2008	Message Posted: Nov 30, 2010 1:23:08 AM Ignore srchr Report Abuse tough to predict; that's why they have a future's market
grouch311 Champion Author Peoria Posts:6,381 Points:1,576,040 Joined:Jun 2007	Message Posted: Nov 30, 2010 1:20:49 AM Ignore grouch311 Report Abuse can't wait for a drop
bobdec Champion Author Miami Posts:8,984 Points:1,773,820 Joined:May 2008	Message Posted: Nov 30, 2010 1:20:40 AM Ignore bobdec Report Abuse Any drop will be short lived
Bubba44612 Champion Author Ohio Posts:7,411 Points:1,880,005 Joined:Aug 2005	Message Posted: Nov 30, 2010 1:19:09 AM Ignore Bubba44612 Report Abuse Speculators will screw us all in the end.
PetroScopper Champion Author Houston Posts:6,641 Points:1,553,205 Joined:Aug 2008	Message Posted: Nov 30, 2010 1:16:16 AM Ignore PetroScopper Report Abuse They may climb by the weeks end but that means very little for what will happen next week.
REVLAW Champion Author San Antonio Posts:10,451 Points:2,010,170 Joined:Jul 2007	Message Posted: Nov 30, 2010 1:15:01 AM Ignore REVLAW Report Abuse So, the PD crystal ball strikes again.
hubcapLA Champion Author Louisiana Posts:3,905 Points:940,435 Joined:Apr 2009	Message Posted: Nov 30, 2010 1:14:54 AM Ignore hubcapLA Report Abuse Predictions aren't worth anything unless they match the price at the pump. Then they should be called luck.
comprof Champion Author Houston Posts:6,882 Points:1,360,750 Joined:Jul 2009	Message Posted: Nov 30, 2010 1:14:17 AM Ignore comprof Report Abuse mvosevich: I agree.
roadrunnerMO Champion Author Kansas Posts:8,426 Points:1,703,465 Joined:Jul 2008	Message Posted: Nov 30, 2010 1:13:34 AM Ignore roadrunnerMO Report Abuse You said it. These are so boring, the roller coaster of gas prices.
Bruno44 Champion Author Texas Posts:7,095 Points:1,772,195 Joined:Sep 2007	Message Posted: Nov 30, 2010 1:13:02 AM Ignore Bruno44 Report Abuse Agree with mvosevich.
mvosevich Champion Author St. Louis Posts:5,489 Points:1,115,410 Joined:Aug 2004	Message Posted: Nov 30, 2010 1:06:43 AM Ignore mvosevich Report Abuse This price roller coaster news is really boring.
regasaz Champion Author Phoenix Posts:5,775 Points:1,283,880 Joined:Dec 2006	Message Posted: Nov 30, 2010 1:05:05 AM Ignore regasaz Report Abuse Mirror, mirror on the wall - where is the cheapest gas of all..... for tomorrow?
N5EXY Champion Author Austin Posts:5,512 Points:1,513,480 Joined:Jul 2004	Message Posted: Nov 30, 2010 1:03:32 AM Ignore N5EXY Report Abuse Sounds like a DOE report.
Rageagainsttm Champion Author Tampa Posts:8,313 Points:1,905,105 Joined:Jul 2007	Message Posted: Nov 30, 2010 12:56:09 AM Ignore Rageagainsttm Report Abuse It never looks good.
wizzard1222 Champion Author St. Louis Posts:6,319 Points:1,853,990 Joined:Mar 2006	Message Posted: Nov 30, 2010 12:56:07 AM Ignore wizzard1222 Report Abuse ...more of the same
TBONE3 Champion Author Pennsylvania Posts:8,766 Points:1,980,650 Joined:Mar 2005	Message Posted: Nov 30, 2010 12:52:26 AM Ignore TBONE3 Report Abuse Let's see what happens here. There has been a penny or two drop in the past couple of days. I suppose it could drop for a couple of weeks before it goes back up for the Christmas Holiday traffic.
ssect8 Champion Author Hartford Posts:8,009 Points:2,095,695 Joined:Jun 2006	Message Posted: Nov 30, 2010 12:38:15 AM Ignore ssect8 Report Abuse Who cares about the average I care about the prices where I live which is always going up and seldom goes down.
geminijax Champion Author Jacksonville Posts:16,836 Points:2,730,000 Joined:Aug 2005	Message Posted: Nov 30, 2010 12:35:47 AM Ignore geminijax Report Abuse Prices around here have been holding steady for the past week or so.
djtdi Champion Author San Jose Posts:2,840 Points:711,200 Joined:Aug 2005	Message Posted: Nov 30, 2010 12:33:27 AM Ignore djtdi Report Abuse Haven't dropped at the pumps here.
runout9 Champion Author New Jersey Posts:3,240 Points:978,145 Joined:Dec 2008	Message Posted: Nov 30, 2010 12:32:41 AM Ignore runout9 Report Abuse Holding here after the rise. Maybe a small retracement on the way @ the Jersey Shore.
ifallsguy Champion Author Minnesota Posts:5,180 Points:1,553,670 Joined:Apr 2007	Message Posted: Nov 30, 2010 12:27:50 AM Ignore ifallsguy Report Abuse I won't hold my breath