GasBuddy Blog

Message Forum - Read Message

Category: GasBuddy Official Blog > Topics	Add to favorite topics Post New Topic

Author	Topic: Gasoline prices ready for liftoff	Post a Reply Back to Topics

PD Moderator	Message Posted: Dec 2, 2011 10:06:36 AM Ignore PD Report Abuse The lower gasoline prices were nice while they lasted- but all that is poised to come to an end after an upbeat unemployment report and news of Sunoco shutting its Marcus Hook, PA refinery ahead of schedule. Unemployment fell to its lowest since March 2009 to 8.6%, viewed as a positive sign of economic growth, which generally means more gasoline and overall oil consumption. Gasoline futures soared after the unemployment figures, but also rose sharply because of the immediate closing of a Sunoco facility in Marcus Hook, PA that has a healthy capacity of nearly 200,000 barrels per day. The facility is closing as it loses money. How the heck could that happen, you ask? The facility relies on imported crude- which is more expensive- and... Visit GasBuddy Blog for full article

Moderator

Message Posted: Dec 2, 2011 10:06:36 AM

Ignore PD Report Abuse

The lower gasoline prices were nice while they lasted- but all that is poised to come to an end after an upbeat unemployment report and news of Sunoco shutting its Marcus Hook, PA refinery ahead of schedule.

Unemployment fell to its lowest since March 2009 to 8.6%, viewed as a positive sign of economic growth, which generally means more gasoline and overall oil consumption. Gasoline futures soared after the unemployment figures, but also rose sharply because of the immediate closing of a Sunoco facility in Marcus Hook, PA that has a healthy capacity of nearly 200,000 barrels per day. The facility is closing as it loses money. How the heck could that happen, you ask? The facility relies on imported crude- which is more expensive- and...

Visit GasBuddy Blog for full article

REPLIES (newest first)Ignore Short Messages

First

Next Last

billyTN Rookie Author Tennessee Posts:3 Points:890 Joined:Dec 2011	Message Posted: Dec 8, 2011 10:20:25 PM Ignore billyTN Report Abuse does everyone thnk the gas prices wll stay down low for now.
mdb007 Rookie Author Cleveland Posts:13 Points:37,435 Joined:Feb 2011	Message Posted: Dec 6, 2011 11:29:21 PM Ignore mdb007 Report Abuse Gee that's great news and I have not had a pay increase in 3 years, yes I am thankful to be working but there are many at my company making much money!yet my electric,groceries and everything else is going up. the only place i win is natural gas been steady, maybe i should convert my car over! yes whoever said the govt is manipulating the numbers i am sure you are right. Then again and numbers can show whatever you want
Reishman Veteran Author Illinois Posts:384 Points:513,615 Joined:Sep 2006	Message Posted: Dec 6, 2011 9:26:47 PM Ignore Reishman Report Abuse My car uses gas.
GasPriceHelp4u Champion Author Dayton Posts:2,662 Points:563,825 Joined:Jul 2008	Message Posted: Dec 6, 2011 7:23:03 PM Ignore GasPriceHelp4u Report Abuse so the picnic is over then!!!
TeacherSteve Rookie Author Oakland Posts:35 Points:395,790 Joined:Sep 2011	Message Posted: Dec 5, 2011 7:36:15 PM Ignore TeacherSteve Report Abuse Let's take a quick drive in the country while there's time.
ryhed Rookie Author Wyoming Posts:2 Points:1,795 Joined:Dec 2011	Message Posted: Dec 5, 2011 11:00:19 AM Ignore ryhed Report Abuse e 85 is cheaper yes but it doesn't have as much stored energy as gasoline. you have to use more e85 to go the same distance as a gallon of gas would get you. you end up spending the same amount of money. the only thing you do by running e85 is pollute a little less and burn more fuel. e85 is a waste of time and resource IMHO.
fritzdadolt Rookie Author Albuquerque Posts:5 Points:200 Joined:Dec 2011	Message Posted: Dec 5, 2011 10:30:53 AM Ignore fritzdadolt Report Abuse Last weekend in Minneapolis MN I stopped at a Holiday gas station and was surprised that the gas prices for regular non lead was 3.09/gallon. I had been driving around the area and the cheapest price I saw was 3.16/ gallon. I had been looking for E-85 for my Equinox but E-85 is harder to find.
SparkieMi Champion Author Kalamazoo Posts:3,239 Points:584,220 Joined:Sep 2011	Message Posted: Dec 4, 2011 8:59:08 PM Ignore SparkieMi Report Abuse Sure hope not...
Pete12 Champion Author Albany Posts:4,861 Points:1,640,415 Joined:Nov 2005	Message Posted: Dec 4, 2011 8:53:12 PM Ignore Pete12 Report Abuse I hope this isn't true!
remay Champion Author Houston Posts:6,943 Points:2,112,640 Joined:May 2006	Message Posted: Dec 3, 2011 8:43:32 PM Ignore remay Report Abuse No doubt...
nervous Sophomore Author Ventura Posts:221 Points:4,545 Joined:Oct 2010	Message Posted: Dec 3, 2011 4:52:01 PM Ignore nervous Report Abuse We've been told $5 a gal. in 2012 is very likly.
SparkieMi Champion Author Kalamazoo Posts:3,239 Points:584,220 Joined:Sep 2011	Message Posted: Dec 3, 2011 10:31:17 AM Ignore SparkieMi Report Abuse Time will tell...
TruthMatters Champion Author New Jersey Posts:2,510 Points:529,685 Joined:Oct 2011	Message Posted: Dec 3, 2011 7:23:24 AM Ignore TruthMatters Report Abuse we'll see
runinoutagas Champion Author San Bernardino Posts:10,475 Points:1,615,210 Joined:Oct 2008	Message Posted: Dec 3, 2011 3:05:13 AM Ignore runinoutagas Report Abuse “Oh! What a Tangled Web We Weave, When at First We Practice to Deceive!”
WalRus49 Champion Author Boston Posts:4,050 Points:863,890 Joined:Nov 2010	Message Posted: Dec 3, 2011 2:05:33 AM Ignore WalRus49 Report Abuse More organized mayhem and pillage.......
OnTheWater Champion Author Orange County Posts:2,123 Points:623,130 Joined:Nov 2009	Message Posted: Dec 3, 2011 1:58:16 AM Ignore OnTheWater Report Abuse This is the mist ridiculous thing ever!! Unemployment rates are lower because of all the seasonal jobs that were added, come January when those seasonal employees are laid off the unemployment rate will sky rocket once again!!!!! So raising oil/gas prices is a crock! And a huge move in the wrong direction.
BJWI Champion Author Milwaukee Posts:6,387 Points:732,325 Joined:May 2011	Message Posted: Dec 3, 2011 12:31:38 AM Ignore BJWI Report Abuse Many of the seasonal jobs that reduced the unemployment rate will disappear at the end of the month, and labor reports will state, unemployment rates unexpectedly increased in January!
MacDad614 Champion Author Atlanta Posts:3,019 Points:1,172,525 Joined:Aug 2008	Message Posted: Dec 2, 2011 11:15:34 PM Ignore MacDad614 Report Abuse To LSU_TIGERS_dmb, All-Star Author in Louisiana: The United States is the world's 3rd largest oil producer of oil. It's about time some ignorant people just stop posting when they know nothing of which they write.
tippybuddy Champion Author Ontario Posts:1,523 Points:207,740 Joined:Feb 2011	Message Posted: Dec 2, 2011 11:12:08 PM Ignore tippybuddy Report Abuse I was hoping prices would go lower but it sure doesn't sound that way now...come on give us a break PLEASE
Sabretooth78 Champion Author Buffalo Posts:14,009 Points:2,682,465 Joined:Sep 2005	Message Posted: Dec 2, 2011 11:08:28 PM Ignore Sabretooth78 Report Abuse No really. What would you think they'd do? Plummet? That'll happen when people finally recognize there is no difference among DC politicians.
carpenter4u Champion Author Virginia Posts:2,431 Points:612,320 Joined:Jul 2011	Message Posted: Dec 2, 2011 11:07:05 PM Ignore carpenter4u Report Abuse The unemployment numbers are manipulated. They have decided not to count some unemployed due to the fact that they have given up looking for work. Need to create jobs, not manipulatte numbers. The oil industry is a good place to start
Matt G Champion Author Boston Posts:4,508 Points:2,768,065 Joined:Jun 2004	Message Posted: Dec 2, 2011 11:06:24 PM Ignore Matt G Report Abuse Agree
bcok Champion Author Los Angeles Posts:2,102 Points:1,539,540 Joined:Oct 2005	Message Posted: Dec 2, 2011 11:06:06 PM Ignore bcok Report Abuse No Bush a-likes, please.
SBlouch Champion Author San Antonio Posts:8,719 Points:1,856,320 Joined:Apr 2007	Message Posted: Dec 2, 2011 11:02:39 PM Ignore SBlouch Report Abuse I sure hope not yet as the World economy is still in the pits and needs all the help it can get. High fuel prices will not help.
babyjudy Champion Author Tucson Posts:2,706 Points:556,760 Joined:Sep 2011	Message Posted: Dec 2, 2011 11:01:56 PM Ignore babyjudy Report Abuse I will wait and see but buy the 'cheaper' gas for now.
LSU_TIGERS_dmb Champion Author Louisiana Posts:1,712 Points:617,130 Joined:May 2011	Message Posted: Dec 2, 2011 11:01:50 PM Ignore LSU_TIGERS_dmb Report Abuse If this president would allowing drilling in the USA gas would stay low. Hurry up 2012
g747 Champion Author Mobile Posts:4,521 Points:929,670 Joined:Jul 2009	Message Posted: Dec 2, 2011 11:01:16 PM Ignore g747 Report Abuse I hope not!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!.
jrsva Champion Author Virginia Posts:9,830 Points:1,608,250 Joined:Jan 2006	Message Posted: Dec 2, 2011 10:59:27 PM Ignore jrsva Report Abuse “I cannot beleive [sic] anyone would vote democrate [sic] . . .” Consider the alternatives. With a couple of exceptions the Republican candidates are either clowns or crazy people. Who out of this carnival will ultimately be nominated?
nels1jac Veteran Author Minnesota Posts:493 Points:538,780 Joined:May 2011	Message Posted: Dec 2, 2011 10:58:40 PM Ignore nels1jac Report Abuse Woo, cant wait!
CAD69 Champion Author Milwaukee Posts:3,186 Points:842,240 Joined:Nov 2010	Message Posted: Dec 2, 2011 10:56:46 PM Ignore CAD69 Report Abuse I knew this wouldn't last long!
LanguageMan1 Champion Author Tampa Posts:11,696 Points:1,656,815 Joined:Apr 2008	Message Posted: Dec 2, 2011 10:54:18 PM Ignore LanguageMan1 Report Abuse I did not expect it to last long, and it hasn't. Still waiting on it to cross into the upper $3 and $4 a gallon range again.
CJ300 All-Star Author New York Posts:922 Points:264,225 Joined:Sep 2011	Message Posted: Dec 2, 2011 10:50:51 PM Ignore CJ300 Report Abuse Lets see what happens
altima2008 Champion Author Philadelphia Posts:8,140 Points:1,733,015 Joined:Apr 2008	Message Posted: Dec 2, 2011 10:47:33 PM Ignore altima2008 Report Abuse time for nobama to go period!
JAM11MS All-Star Author Mississippi Posts:830 Points:451,175 Joined:Feb 2011	Message Posted: Dec 2, 2011 10:46:45 PM Ignore JAM11MS Report Abuse I cannot beleive anyone would vote democrate, unless they we receiving a check and did not want it to stop.
Harry813 Champion Author Iowa Posts:2,980 Points:656,890 Joined:Jul 2011	Message Posted: Dec 2, 2011 10:44:29 PM Ignore Harry813 Report Abuse When were the lower gas prices??? I must have missed it!
speedys Champion Author Utah Posts:6,992 Points:2,553,910 Joined:Nov 2005	Message Posted: Dec 2, 2011 10:43:54 PM Ignore speedys Report Abuse I think that if gas prices stayed low the economy would recover quicker.
abcdMA Champion Author Worcester Posts:7,902 Points:1,570,980 Joined:Nov 2008	Message Posted: Dec 2, 2011 10:43:06 PM Ignore abcdMA Report Abuse the 8.6% is an anomoly due to the deep recession we are not moving out of
wildddkattt80 Champion Author Phoenix Posts:2,143 Points:432,145 Joined:Jun 2011	Message Posted: Dec 2, 2011 10:42:47 PM Ignore wildddkattt80 Report Abuse They will always find a reason to raise the price of gas. It is Friday, so let's raise the price of gas; or it is the 3rd full moon, let's raise the price of gas.
mstearno Champion Author Dayton Posts:8,043 Points:1,727,235 Joined:Jan 2008	Message Posted: Dec 2, 2011 10:41:33 PM Ignore mstearno Report Abuse done took off last week
tidalwave3 Champion Author Tallahassee Posts:1,292 Points:1,459,160 Joined:Jun 2008	Message Posted: Dec 2, 2011 10:41:10 PM Ignore tidalwave3 Report Abuse 8.6% did not include 300K that quit looking out of frustration :(
nobodyMO Champion Author Kansas City Posts:2,251 Points:554,305 Joined:Nov 2010	Message Posted: Dec 2, 2011 10:39:53 PM Ignore nobodyMO Report Abuse Any reason they can use to raise the prices.
outlaw329 Champion Author Austin Posts:7,601 Points:1,371,255 Joined:Aug 2008	Message Posted: Dec 2, 2011 10:28:53 PM Ignore outlaw329 Report Abuse Lowest I have seen is down Houston way at 2.87 wish it would continue downward.
seahawks Champion Author Washington Posts:3,212 Points:1,960,720 Joined:Sep 2005	Message Posted: Dec 2, 2011 10:27:33 PM Ignore seahawks Report Abuse it in the name of greed!!!
strykerdadjim All-Star Author Idaho Posts:681 Points:1,161,120 Joined:Nov 2008	Message Posted: Dec 2, 2011 10:25:12 PM Ignore strykerdadjim Report Abuse Still falling here, cheapest now 3.05
RBob Champion Author Portland Posts:3,352 Points:2,343,035 Joined:May 2004	Message Posted: Dec 2, 2011 10:22:46 PM Ignore RBob Report Abuse Big oil does not care about anyone except themselves and including our nations.
NemoIL Champion Author Illinois Posts:3,000 Points:1,308,245 Joined:Aug 2008	Message Posted: Dec 2, 2011 10:19:41 PM Ignore NemoIL Report Abuse Yes an artificial shortage, they have not built a new refinery in years.
Barfood Champion Author St. Louis Posts:3,288 Points:1,013,070 Joined:Jun 2009	Message Posted: Dec 2, 2011 10:18:03 PM Ignore Barfood Report Abuse $3/gal sounds like prices are already way beyond liftoff.
us4usa Champion Author Missouri Posts:5,976 Points:1,108,585 Joined:May 2008	Message Posted: Dec 2, 2011 10:17:11 PM Ignore us4usa Report Abuse The facility relies on imported crude- which is more expensive- So stop relining on imported crude????
OGW Champion Author London Posts:5,324 Points:1,529,650 Joined:Sep 2005	Message Posted: Dec 2, 2011 10:16:31 PM Ignore OGW Report Abuse That is all a bunch of bull.
tucker355 Champion Author Manitoba Posts:1,688 Points:439,765 Joined:Feb 2009	Message Posted: Dec 2, 2011 10:16:06 PM Ignore tucker355 Report Abuse more speculator BULL S#17!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!