Gas prices put the pinch on

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Wednesday, July 23, 2008 5:28:37 PM

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GasBuddy News Article

Gas prices put the pinch on Sunday, May 11, 2008
Kingman Miner -- KINGMAN - In these dark days where $4 a gallon for gas isn't an unrealistic nightmare, but an accepted eventuality, no news is usually good news where the pump is concerned. Unfortunately, we've got news. The Department of Energy this week released a revised outlook for both gasoline and crude oil prices over the coming months. The good news is, gas prices are expected to peak, as they typically do, in early June - at about $3.73 nationwide for a gallon of regular unleaded. After that, prices will level off to an average $3.52 a gallon for the remainder of the year.
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JT Moderator	Message Posted: 5/11/2008 7:29:32 AM	Ignore JT Report Abuse
	Sunday, May 11, 2008 Kingman Miner -- KINGMAN - In these dark days where $4 a gallon for gas isn't an unrealistic nightmare, but an accepted eventuality, no news is usually good news where the pump is concerned. Unfortunately, we've got news. The Department of Energy this week released a revised outlook for both gasoline and crude oil prices over the coming months. The good news is, gas prices are expected to peak, as they typically do, in early June - at about $3.73 nationwide for a gallon of regular unleaded. After that, prices will level off to an average $3.52 a gallon for the remainder of the year. Visit Kingman Miner for full article

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POLELANE Champion Author Ohio Posts:1,213 Points:119,500 Joined:Mar 2008	Message Posted: 5/12/2008 11:18:30 AM	Ignore POLELANE Report Abuse
	you type very well while riding a bike
uksqueeze All-Star Author San Jose Posts:670 Points:710,335 Joined:May 2004	Message Posted: 5/12/2008 10:01:02 AM	Ignore uksqueeze Report Abuse
	I feel exhilarated! I'm riding my bike.
mmproteus Rookie Author Ohio Posts:59 Points:47,195 Joined:Apr 2008	Message Posted: 5/12/2008 10:00:57 AM	Ignore mmproteus Report Abuse
	Actually the original poster was the one who said "as soon as the sumer holidays are over it'll drop back down!..." I was commenting on the logical inconsistency within his own statement. Seasonal variation can affect demand/supply/price. There are many other factors which can amplify, mitigate or overwhelm such trends.
AlaRedNeck All-Star Author Kansas Posts:561 Points:92,175 Joined:Apr 2008	Message Posted: 5/12/2008 9:50:35 AM	Ignore AlaRedNeck Report Abuse
	So using your logic mmproteus, shouldn't prices go back down at the end of summer when demand DECREASES?
pboxerfg Champion Author Portland Posts:1,068 Points:189,920 Joined:May 2006	Message Posted: 5/12/2008 9:48:41 AM	Ignore pboxerfg Report Abuse
	And with Bush in charge, this is "legal".
patbob56 Champion Author Colorado Springs Posts:1,144 Points:242,520 Joined:Apr 2006	Message Posted: 5/12/2008 9:47:54 AM	Ignore patbob56 Report Abuse
	pinch, pinch pinch
mmproteus Rookie Author Ohio Posts:59 Points:47,195 Joined:Apr 2008	Message Posted: 5/12/2008 9:44:02 AM	Ignore mmproteus Report Abuse
	"...during the peak driving season, prices will soar, but as soon as the sumer holidays are over it'll drop back down!... Everyone knows oil companies artificially inflate prices during summer." This guy thinks that price increases during peak demand are artificial. Oil companies (like all companies) charge what the market will bear. When demand goes up, more people are willing to pay higher prices. This is natural not artificial. Let's all work together to verify the logical consistency of our posts. Thanks in advance!
nyacoub1 Veteran Author Chicago Posts:374 Points:38,630 Joined:May 2007	Message Posted: 5/12/2008 9:43:30 AM	Ignore nyacoub1 Report Abuse
	duhh...
bowler48226 All-Star Author Detroit Posts:700 Points:224,895 Joined:Sep 2007	Message Posted: 5/12/2008 9:42:33 AM	Ignore bowler48226 Report Abuse
	Old news.
TBoneSoCA Veteran Author Orange County Posts:349 Points:67,730 Joined:May 2007	Message Posted: 5/12/2008 9:41:43 AM	Ignore TBoneSoCA Report Abuse
	I feel screwed
jvt666 Champion Author California Posts:1,038 Points:338,640 Joined:Apr 2006	Message Posted: 5/12/2008 9:39:27 AM	Ignore jvt666 Report Abuse
	Everyone is feeling the pinch; not just drivers!
deejai Champion Author Florida Posts:6,834 Points:721,175 Joined:Aug 2004	Message Posted: 5/12/2008 9:39:24 AM	Ignore deejai Report Abuse
	I feel stomped on.
ramshot412 Champion Author Riverside Posts:11,053 Points:1,109,825 Joined:Apr 2004	Message Posted: 5/12/2008 9:37:26 AM	Ignore ramshot412 Report Abuse
	Pinch doesn't seem to express it adequately, more like squeeze.
uksqueeze All-Star Author San Jose Posts:670 Points:710,335 Joined:May 2004	Message Posted: 5/12/2008 9:34:12 AM	Ignore uksqueeze Report Abuse
	"$4 a gallon for gas isn't an unrealistic nightmare, but an accepted eventuality" Yes, and it has been coming for years....
socalusra All-Star Author California Posts:664 Points:1,593,860 Joined:Aug 2003	Message Posted: 5/12/2008 9:32:53 AM	Ignore socalusra Report Abuse
	just paid 30c less in NV and was told by my wife who is visiting in SD that there paying just 3.49
Scion08Xb Rookie Author Arkansas Posts:81 Points:54,895 Joined:May 2008	Message Posted: 5/12/2008 9:32:21 AM	Ignore Scion08Xb Report Abuse
	it must be nice to be able to have money for fuel now a days. I know i don't
iluna Sophomore Author Colorado Springs Posts:249 Points:54,195 Joined:Jun 2007	Message Posted: 5/12/2008 9:31:14 AM	Ignore iluna Report Abuse
	I've never let anyone "pinch" me before. Why can't I stop it now? Sorry b****rds!! This article sounds like the writer thinks $3.52 a gallon is just fine. What a sap!!
luv2sleep Champion Author Riverside Posts:1,379 Points:103,300 Joined:Mar 2008	Message Posted: 5/12/2008 9:30:03 AM	Ignore luv2sleep Report Abuse
	I posted $3.93 for gas and 4.79 for diesel yesterday. The same today. There was another price increase? Pinch on, Pinch on.
easybuddy Rookie Author Illinois Posts:59 Points:155,815 Joined:May 2006	Message Posted: 5/12/2008 9:28:46 AM	Ignore easybuddy Report Abuse
	people should have put the "pinch" on years ago
93probeguy All-Star Author Little Rock Posts:777 Points:200,305 Joined:Jan 2006	Message Posted: 5/12/2008 9:24:51 AM	Ignore 93probeguy Report Abuse
	like the movie"Dan In Real Life," when he's filling up his car, the kids are inside with the windows down. He saying their names and saying "their goes so and so's collage fund. I don't have kids(yet) and am worried if I do, how am i going to do it.
NavyEOD Champion Author Los Angeles Posts:1,361 Points:312,730 Joined:Jul 2007	Message Posted: 5/12/2008 9:24:06 AM	Ignore NavyEOD Report Abuse
	More like a slap in the face.
ts08 Sophomore Author New Jersey Posts:179 Points:45,290 Joined:Apr 2008	Message Posted: 5/12/2008 9:23:54 AM	Ignore ts08 Report Abuse
	keep rubbing it in...media has nothing better to talk/write about
LateNight Champion Author Ontario Posts:1,498 Points:321,755 Joined:Mar 2005	Message Posted: 5/12/2008 9:23:41 AM	Ignore LateNight Report Abuse
	Blame the Goverment for creating this mess
1shot Champion Author Dallas Posts:3,110 Points:556,300 Joined:May 2006	Message Posted: 5/12/2008 9:23:00 AM	Ignore 1shot Report Abuse
	yeah, right!
Zinnoil Champion Author Illinois Posts:11,594 Points:1,397,070 Joined:May 2004	Message Posted: 5/12/2008 9:22:09 AM	Ignore Zinnoil Report Abuse
	$3.84 for corn ethanol is cheapest here with real gas higher.
weenerdog All-Star Author Detroit Posts:972 Points:184,060 Joined:Jan 2008	Message Posted: 5/12/2008 9:21:52 AM	Ignore weenerdog Report Abuse
	These prices are outrageous
FuelGrinch Sophomore Author Kansas Posts:156 Points:47,500 Joined:Aug 2005	Message Posted: 5/12/2008 9:19:27 AM	Ignore FuelGrinch Report Abuse
	Boring....
srtdc Sophomore Author Lincoln Posts:128 Points:20,645 Joined:Apr 2008	Message Posted: 5/12/2008 9:16:57 AM	Ignore srtdc Report Abuse
	How many articles can we find that use the word pinch?
44Irish All-Star Author Ontario Posts:684 Points:183,125 Joined:Mar 2007	Message Posted: 5/12/2008 9:16:47 AM	Ignore 44Irish Report Abuse
	More pinching?
CyanSquirrel Veteran Author Virginia Posts:488 Points:104,555 Joined:Jun 2004	Message Posted: 5/12/2008 9:16:12 AM	Ignore CyanSquirrel Report Abuse
	Old news :-( Where's some fresh?
kingdick Champion Author Minnesota Posts:17,520 Points:1,408,220 Joined:Aug 2004	Message Posted: 5/12/2008 9:15:25 AM	Ignore kingdick Report Abuse
	----------------------------------- How can the Democrats in congress get anything good thru when all we see is oily bush's VETO. -----------------------------------
joelimite Sophomore Author Virginia Posts:201 Points:53,610 Joined:Jan 2008	Message Posted: 5/12/2008 9:14:19 AM	Ignore joelimite Report Abuse
	Which is still horrible, they think these are good prices or something?
TEXJOHN Veteran Author Dallas Posts:434 Points:35,955 Joined:Mar 2008	Message Posted: 5/12/2008 9:14:01 AM	Ignore TEXJOHN Report Abuse
	A pinch? Is that all it is?
RdHogg Champion Author Houston Posts:10,546 Points:1,263,630 Joined:Jun 2004	Message Posted: 5/12/2008 9:13:50 AM	Ignore RdHogg Report Abuse
	Pinch this one time
kruk Veteran Author London Posts:390 Points:143,150 Joined:Jan 2007	Message Posted: 5/12/2008 9:12:25 AM	Ignore kruk Report Abuse
	something will change - do not push guy who you depend on - Iran already change their policy and do not trade crude in $US Venezuela is talking about same - that will push some change and for time being Halliburton has to make big profit
maggiemaen Sophomore Author Wisconsin Posts:170 Points:50,715 Joined:Apr 2008	Message Posted: 5/12/2008 9:09:20 AM	Ignore maggiemaen Report Abuse
	So are we supposed to think $3.52 is a good price???
bug27 Champion Author Kentucky Posts:1,368 Points:1,055,700 Joined:Apr 2005	Message Posted: 5/12/2008 9:07:01 AM	Ignore bug27 Report Abuse
	Oh, goody!
EarlyMoose Champion Author Seattle Posts:1,354 Points:593,265 Joined:Dec 2005	Message Posted: 5/12/2008 9:05:02 AM	Ignore EarlyMoose Report Abuse
	haha, nothing will change even after Bush/Cheney are out of office. Pelosi and her do-nothing congress will continue to do nothing.
bbthegun All-Star Author San Diego Posts:610 Points:359,565 Joined:Sep 2006	Message Posted: 5/12/2008 9:04:45 AM	Ignore bbthegun Report Abuse
	Hey LukeIN...whatever happened to Pelosi's promise that they will lower the gas prices once they got into office?...oh, that's right, its probably Bush and Cheney's fault. Trust a politician and you'll always get burned in the end. Need to open your eyes Pal...
Gerund1 All-Star Author Toronto Posts:681 Points:770,520 Joined:Apr 2003	Message Posted: 5/12/2008 9:03:44 AM	Ignore Gerund1 Report Abuse
	Bring on macoroni and cheeze, even though that "cheap" meal has increased in price 50%.
kingdick Champion Author Minnesota Posts:17,520 Points:1,408,220 Joined:Aug 2004	Message Posted: 5/12/2008 9:00:55 AM	Ignore kingdick Report Abuse
	vascojoe Washington Message Posted: 5/12/2008 9:46:35 AM "kingdick is wrong on chrysler." I have owned many cars over the years and have NEVER had a problem with any of the Plymouths, Dodges or Chrysler or even the DeSota I still have. For a while I used to repair car to make extra money, One of the most common request in the 80's was replacing honda engines with used ones. The demand for used engines got to the point that the cost was too high I could not make any money so I stopped working on honda's. I have a toyota land cruiser I did not get much use out of. It is setting in my garage because I can not afford the trans repairs. It got to 69785 miles before the trans quit. I doubt I would ever buy another toyota. I did like to drive it before it quit.
glazarides Veteran Author Akron Posts:299 Points:313,390 Joined:Jul 2006	Message Posted: 5/12/2008 8:51:46 AM	Ignore glazarides Report Abuse
	I am hoping they prices don't get too much higher by the time I go on vacation (in fact I hope they get lower) since I drive to where I'm going. I am even thinking about putting a hydrogen booster in my cars to help save money.
kingdick Champion Author Minnesota Posts:17,520 Points:1,408,220 Joined:Aug 2004	Message Posted: 5/12/2008 8:48:04 AM	Ignore kingdick Report Abuse
	Somis1 Ventura Message Posted: 5/12/2008 9:30:43 AM "kingdick, what color is the sky in your world?" Right now it is blue but we are expecting more rain tomorrow !!! Of coarse the fields are so wet our neighbors are having trouble getting the crops planted. More rain is not needed now.
Dustinthewind Sophomore Author Atlanta Posts:171 Points:50,060 Joined:Jan 2008	Message Posted: 5/12/2008 8:46:46 AM	Ignore Dustinthewind Report Abuse
	How many times have they revised upwards? It does seem like they are conditioning the populace.
LukeIN All-Star Author Indianapolis Posts:869 Points:165,735 Joined:Nov 2007	Message Posted: 5/12/2008 8:46:36 AM	Ignore LukeIN Report Abuse
	I fear that theres not going to be any leveling off this summer! Nothing will change until Bush and Cheney are out of office...
CTDPower Veteran Author Virginia Beach Posts:488 Points:177,575 Joined:May 2007	Message Posted: 5/12/2008 8:46:24 AM	Ignore CTDPower Report Abuse
	By making that statement, DOE has disturbed the system and changed the outcome.
okietree Veteran Author Oklahoma City Posts:381 Points:149,960 Joined:Oct 2005	Message Posted: 5/12/2008 8:45:27 AM	Ignore okietree Report Abuse
	Gas goes up and salaries stay the same. You make less and less per week/month due to our lovely oil companies and the Sheik that has the diamond encrused car !!!! Glad we paid for that nice, simple car.
kingdick Champion Author Minnesota Posts:17,520 Points:1,408,220 Joined:Aug 2004	Message Posted: 5/12/2008 8:43:34 AM	Ignore kingdick Report Abuse
	us4usa Missouri Message Posted: 5/12/2008 9:27:02 AM "2.99 gas card if you buy a chrysler, dodge, or jeep!!! The money you save on WILL be spent for parts and repairs. NO THANKS" UNTRUE no repairs !!! I have had JEEPS since my first a 1946 thru now a 2006. The only problem I ever had was when an idiot in a buick drove past parked cars cutting across the parking stalls and rammed the drivers side.
rustyOR Veteran Author Oregon Posts:372 Points:84,810 Joined:Apr 2008	Message Posted: 5/12/2008 8:42:20 AM	Ignore rustyOR Report Abuse
	I agree
radcaz Champion Author Houston Posts:2,620 Points:836,135 Joined:Feb 2005	Message Posted: 5/12/2008 8:41:54 AM	Ignore radcaz Report Abuse
	ANOTHER REVISION TO THE REVISION, TO THE REVISION, TO THE REVISION, TO THE REVISION, TO THE REVISION, TO THE REVISION, ....