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Gas prices historically rise between Christmas and mid-January

GasBuddy Blog -- If past history is any guide for the future, gasoline prices are close to bottoming out for the time being. Gasoline prices have historically risen between Christmas and mid-January, with an average rise of 10c/gallon over the last five years.

Last year, gasoline prices on Christmas were $3.24/gallon, before rising to $3.35/gallon slightly more than two weeks later. The year before last, prices rose from $2.59 on Christmas to $2.74 during the same time frame. While most years saw gasoline prices rise following Christmas, not all years saw increases. One has to go back to 06/07 to see the only drop between Christmas and January 15 of the following year. Back in 2006, prices were $2.33/gal on Christmas before falling to $2.21 on January...


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Submitted Dec 17, 2012 By: PD
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REPLIES (newest first) Post a Reply
bston
Champion Author Oklahoma City

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Message Posted: Dec 18, 2012 10:58:44 PM

It figures & remains to be seen!
bevmill
Champion Author Georgia

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Message Posted: Dec 18, 2012 9:07:12 PM

So for they are going down. I hope it continues

[Edited by: bevmill at 12/18/2012 9:09:02 PM EST]
obimerrill
Champion Author Cincinnati

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Message Posted: Dec 18, 2012 1:59:08 PM

Happy New Year from your friendly neighborhood gas station and oil company!
DanMtz
Champion Author Oakland

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Message Posted: Dec 18, 2012 11:34:21 AM

It's a conspiracy.
rrs517
Champion Author Colorado

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Message Posted: Dec 18, 2012 10:30:30 AM

Big downward momentum in Denver - now down to $2.90-$2.85 in some areas
mrselfdestruct
Champion Author Arkansas

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Message Posted: Dec 18, 2012 10:09:10 AM

It worked last year...
skybiker
Champion Author South Carolina

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Message Posted: Dec 18, 2012 9:01:38 AM

Oh here we go again..no real reason...just because..
remay
Champion Author Houston

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Message Posted: Dec 18, 2012 8:16:02 AM

I need to go fill up NOW, then!
Dennis783
Champion Author Des Moines

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Message Posted: Dec 18, 2012 8:08:14 AM

oh goodie!
StArrow68
Champion Author Oakland

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Message Posted: Dec 18, 2012 5:27:56 AM

Since when was supply and demand, bad?
DutchTreatMI
Champion Author Grand Rapids

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Message Posted: Dec 18, 2012 5:12:50 AM

Gas prices will jump up before Christmas just like before every holiday; you can count on it.
Ziggy1962
Champion Author New Jersey

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Message Posted: Dec 18, 2012 5:10:35 AM

Old news.
Royski
Champion Author Los Angeles

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Message Posted: Dec 18, 2012 5:05:56 AM

not this year
Jayburt
Champion Author Toledo

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Message Posted: Dec 18, 2012 5:03:59 AM

Since they've been gouging us for the past 11 and a half months it SHOULD be down now! When are people going to wake up to the oil companies greed and see their record profits?Something needs to be done and the developing of alternatives must be allowed to be unhindered by the same large oil companies
pfone1847
Champion Author Illinois

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Message Posted: Dec 18, 2012 5:01:45 AM

Gas prices rise due to greed. Nothing to do with the time of year, seasons or anything else.
SavingInNC
Champion Author North Carolina

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Message Posted: Dec 18, 2012 5:01:32 AM

Just an excuse
Bonanza
Champion Author Boston

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Message Posted: Dec 18, 2012 5:00:14 AM

Yesterday's news
Tiput
Champion Author Ottawa

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Message Posted: Dec 18, 2012 4:57:20 AM

whats new.
rbrk02
Champion Author Rhode Island

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Message Posted: Dec 18, 2012 4:56:58 AM

Hope not!
BEngr
Champion Author Illinois

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Message Posted: Dec 18, 2012 4:56:36 AM

Maybe it wont happen this year.
zwsn01
All-Star Author Alabama

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Message Posted: Dec 18, 2012 4:55:46 AM

Ho!Ho!Ho!
NotTom
Champion Author New Hampshire

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Message Posted: Dec 18, 2012 4:51:53 AM

increased demand equals increased prices.
animal63
Champion Author Indiana

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Message Posted: Dec 18, 2012 4:51:52 AM

Maybe you should speculate that it will go to $2 per gallon and it will fall to that.
gabbygusIN
Champion Author Indiana

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Message Posted: Dec 18, 2012 4:50:32 AM

Have to recover the money spent on the CEO bonus!!
TravelinMan52
Champion Author Augusta

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Message Posted: Dec 18, 2012 4:49:40 AM

I guess time shall tell, lower is always better though...
D4444J
Champion Author Albuquerque

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Message Posted: Dec 18, 2012 4:40:19 AM

Greedy little speculators
lmpski
Veteran Author Boston

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Message Posted: Dec 18, 2012 4:37:38 AM

...gotta pay the Christmas bills.
pepinoNC
Champion Author Raleigh

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Message Posted: Dec 18, 2012 4:36:12 AM

Ok lets see it.
fratt
Champion Author Grand Rapids

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Message Posted: Dec 18, 2012 4:34:43 AM

Greed!
bobdec
Champion Author Miami

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Message Posted: Dec 18, 2012 4:31:01 AM

Another ripoff
yeehaw1073
Champion Author Indiana

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Message Posted: Dec 18, 2012 4:28:57 AM

no surprise at all...
kd5kpd
Champion Author Texas

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Message Posted: Dec 18, 2012 4:24:56 AM

Suprise! Suprise! Suprise! Thats not their finger either!!!!!!!!!
bisonjim
Champion Author Florida

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Message Posted: Dec 18, 2012 4:21:31 AM

Surprise! Surprise!
dslxcur
Champion Author Seattle

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Message Posted: Dec 18, 2012 4:19:36 AM

Dang!........................................

Bah Hum Bug!.........................................
granitestater
Champion Author New Hampshire

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Message Posted: Dec 18, 2012 4:19:01 AM

just for the short holiday season...
bigbob1950
Veteran Author Milwaukee

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Message Posted: Dec 18, 2012 4:16:22 AM

k
gougenator
Champion Author Dallas

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Message Posted: Dec 18, 2012 4:07:32 AM

Not with current oversupply,,,,,,,,,

oh hmm yea ,you forgot weere brimming with supplies to flood the market with gas/oil! guess they better wait before raising any prices!
Beau2140
Champion Author New York

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Message Posted: Dec 18, 2012 4:05:16 AM

Just what I wanted to hear.
Alaydown
Champion Author Los Angeles

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Message Posted: Dec 18, 2012 4:02:41 AM

I have been posting this info for years. Expect gasoline prices to start back up within the next two weeks to record highs next year.
76chevy
Champion Author Toledo

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Message Posted: Dec 18, 2012 4:02:21 AM

Lower demand, lower prices.
gougenator
Champion Author Dallas

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Message Posted: Dec 18, 2012 4:02:02 AM

so you're saying a GOUGE ALERT is iminent? ohboy!
this week im bringing my Jerry cans and tanking up all my SUVs and Trucks!
tndirtydawg
Champion Author Memphis

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Message Posted: Dec 18, 2012 4:01:26 AM

Hopefully this season we can begin a new trend downwards.
joko0
Champion Author New Jersey

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Message Posted: Dec 18, 2012 4:00:30 AM

Just because we have done it for years doesn't make it right.
VB_Richard
Champion Author Virginia Beach

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Message Posted: Dec 18, 2012 3:55:05 AM

History does not predict the future if we stay aware of the past.
Pozole
Champion Author Portland

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Message Posted: Dec 18, 2012 3:54:45 AM

...SSSsssshhhhhh...don't tell them !...
Billrusty
Champion Author Washington

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Message Posted: Dec 18, 2012 3:52:36 AM

historically meaning we have to keep following the same trend, how about the price start moving the other way so people breath a sigh of relief after over spending during the Christmas season.
garyr86
Champion Author Michigan

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Message Posted: Dec 18, 2012 3:52:12 AM

If gas prices are predictable then its being controlled
mcmonsta
Champion Author Honolulu

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Message Posted: Dec 18, 2012 3:47:34 AM

hope is still there, after all it's christmas
equusheart
Rookie Author Riverside

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Message Posted: Dec 18, 2012 3:46:26 AM

Gas price roller coaster.
twt
Champion Author Virginia Beach

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Message Posted: Dec 18, 2012 3:46:01 AM

Gas prices here, are stable. Food prices though, are going through the roof.
jci25946
Champion Author Tampa

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Message Posted: Dec 18, 2012 3:45:15 AM

Greed!!
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