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GasBuddy News Article

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Holiday break for consumers: Plummeting gasoline prices

USA Today -- With memories of having paid all-time high prices for gasoline earlier this year, U.S. consumers are about to get a break for the holiday season: $3-a-gallon gas in much of the country.

With U.S. supplies rising and demand fizzling, wholesale prices are sinking fast and will soon be reflected at the pump. Now averaging $3.35 a gallon nationwide, prices are expected to drop to about $3.20 a gallon within the next two to three weeks. Consumers in many states could find prices at $3 a gallon or even less in many states, says Tom Kloza of the Oil Price Information Service.


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Submitted Dec 10, 2012 By: BurntOrange
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Holiday break for consumers: Plummeting gasoline prices Back to Topics
REPLIES (newest first) Post a Reply
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sydb7
Champion Author Atlanta

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Message Posted: Dec 11, 2012 10:44:24 AM

Please plummet in Atlanta!
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mrpc90
Champion Author Illinois

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Points:2,602,860
Joined:Dec 2004
Message Posted: Dec 11, 2012 8:43:10 AM

The only thing that is plummeting is this country...
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remay
Champion Author Houston

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Message Posted: Dec 11, 2012 6:49:37 AM

Plummeting??? I wouldn't go as far as stating that.
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JadeK
Veteran Author Michigan

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Message Posted: Dec 11, 2012 4:39:12 AM

Ok
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DrCashFlow
Champion Author Massachusetts

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Message Posted: Dec 11, 2012 2:58:39 AM

next recession imminent
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packards42
Champion Author Washington

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Message Posted: Dec 11, 2012 2:02:26 AM

Yes $3.00 look like it a possibility
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MrLefty0706
Champion Author Chicago

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Message Posted: Dec 11, 2012 1:46:41 AM

Let's lower prices and keep them down.
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MrPony
All-Star Author North Carolina

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Message Posted: Dec 11, 2012 1:09:42 AM

Lower prices would be a good Christmas present!
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Alaydown
Champion Author Los Angeles

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Points:1,173,285
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Message Posted: Dec 11, 2012 1:06:00 AM

"Plummeting gasoline prices"? They are easing down, but they aren't plummeting anywhere. They'll be headed back up at around Christmas to record highs again next year thanks to Obama.
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03Avalanche
Sophomore Author Salt Lake City

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Message Posted: Dec 11, 2012 12:36:50 AM

Only thing plummeting is my income/remaining $ after filling up!
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CCLighthouse
Champion Author Hartford

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Message Posted: Dec 11, 2012 12:13:30 AM

It's the quiet before the Coyote bites! : D
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wldhrs1
All-Star Author Alabama

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Message Posted: Dec 11, 2012 12:12:59 AM

Enjoy this short-lived price drop. It'll fade away.
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heartbroken2010
Champion Author Ottawa

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Message Posted: Dec 11, 2012 12:09:02 AM

stay down.
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getalong
Champion Author California

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Message Posted: Dec 11, 2012 12:06:20 AM

Talk to me again when it's below $2.50!
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mia3bxs
All-Star Author Miami

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Message Posted: Dec 11, 2012 12:06:19 AM

Now that's what I'm talking about!
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rahcat
Champion Author Grand Rapids

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Message Posted: Dec 11, 2012 12:05:15 AM

Where?
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cheaper0ON
Champion Author Ontario

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Message Posted: Dec 11, 2012 12:01:30 AM

Good.
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joeschmo12
Champion Author New York

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Message Posted: Dec 11, 2012 12:00:11 AM

i guess this is somewhat a break
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Eugenian
Champion Author Oregon

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Message Posted: Dec 10, 2012 11:54:29 PM

Holiday, schmoliday.
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VikingWoman
Champion Author Washington

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Message Posted: Dec 10, 2012 11:53:58 PM

This is supposed to be good news but "demand is just tanking" equates to bad news for our economy. I'm starting to think some of these stories are just propaganda but if they start selling gas for $1.68 gas like in 2008, I'll be okay with that. lol
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goodbuy
Champion Author Michigan

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Message Posted: Dec 10, 2012 11:53:13 PM

Not here in Michigan and NOT for diesel. USA today must be living in a hole somewhere.
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nordiqueen
Rookie Author San Diego

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Message Posted: Dec 10, 2012 11:46:34 PM

Please!!! Here anywhere from 3.50 to 4.05!!! Higher than most states!!
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mobjr2
Rookie Author San Diego

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Message Posted: Dec 10, 2012 11:44:57 PM

How long will it last?
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TFowler513
Champion Author Memphis

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Message Posted: Dec 10, 2012 11:42:28 PM

Plummeting... I don't think so. Just another word in a lame attempt to sensationalize a slow decline in pump prices. Now when prices increase, why don't they use the word skyrocket or a phrase like exponential hike???
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hwnguy
Champion Author Honolulu

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Message Posted: Dec 10, 2012 11:42:15 PM

Closer to $3.97 here
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REKEY
Champion Author South Carolina

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Message Posted: Dec 10, 2012 11:40:49 PM

Wow 2.97 is not what I call plummeting!
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bvrbill
Champion Author Eugene

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Message Posted: Dec 10, 2012 11:40:10 PM

I remember when $3.00 per gallon was outrageous. Now we call it low. Something isn't right.
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blazerbob91
Champion Author Milwaukee

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Message Posted: Dec 10, 2012 11:38:25 PM

We are getting used to $3 gas. That's what they want.
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abcdMA
Champion Author Worcester

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Message Posted: Dec 10, 2012 11:37:57 PM

it is bad when expensive gas looks to be cheap because prices have been so high for so long
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sickhp
Champion Author San Antonio

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Message Posted: Dec 10, 2012 11:33:30 PM

Still having sticker shock under the current Obama setup.
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yorkygurl2008
Veteran Author Indiana

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Message Posted: Dec 10, 2012 11:33:07 PM

OK
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gasmack
Champion Author Ventura

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Message Posted: Dec 10, 2012 11:32:42 PM

By cracky, we deserve every damned bit of it and we'll take it all.
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jjfisher
All-Star Author Toledo

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Message Posted: Dec 10, 2012 11:29:04 PM

Take it while it lasts
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FlyNFool
Champion Author South Carolina

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Message Posted: Dec 10, 2012 11:24:16 PM

I'll start jumping up and down when it's under $2.00/gal.
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drobbbb
Champion Author Maryland

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Message Posted: Dec 10, 2012 11:24:09 PM

good
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pacecar68
Champion Author Oakland

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Message Posted: Dec 10, 2012 11:22:21 PM

i like it!
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s6sputnik
Champion Author Austin

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Message Posted: Dec 10, 2012 11:22:02 PM

Yup!
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1Boog
Champion Author Lincoln

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Message Posted: Dec 10, 2012 11:15:00 PM

plummeting prices would be if they suddenly under $2.00 a gallon. Until then this is a feathery down slide....waiting for the next time to skyrocket upward.
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pricechecker08
Champion Author Ohio

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Message Posted: Dec 10, 2012 11:13:48 PM

Still about 30% too high/
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mecforyou
Champion Author Iowa

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Message Posted: Dec 10, 2012 11:13:12 PM

OK
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Prodaddy
Champion Author Houston

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Message Posted: Dec 10, 2012 11:13:01 PM

A great story would be $ 1.50 a gallon
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JagXKR
Champion Author British Columbia

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Message Posted: Dec 10, 2012 11:11:18 PM

If it were $2.50 or as low as $2 that would be a good news story. This is just telling us that gas is no longer ridiculously priced but now it is just over-priced.
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SavALot
Champion Author Virginia Beach

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Message Posted: Dec 10, 2012 11:10:44 PM

very nice present!
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wayoung56
Champion Author Alabama

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Message Posted: Dec 10, 2012 11:08:34 PM

Not plummeting here in North Alabama, unless you call a 3 cent drop in the last two weeks plummeting...
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DEG
Champion Author Las Vegas

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Message Posted: Dec 10, 2012 11:07:40 PM

Gas prices should truly be closer to $2/gallon instead of $3.40/gallon.
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Lukus
Champion Author Halifax

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Message Posted: Dec 10, 2012 11:07:26 PM

Ok if it continues.
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serrog
Champion Author Nova Scotia

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Message Posted: Dec 10, 2012 11:06:42 PM

good
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iamforiu
Champion Author Indiana

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Message Posted: Dec 10, 2012 11:02:49 PM

Drill baby drill
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drz614
Champion Author Harrisburg

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Message Posted: Dec 10, 2012 10:59:00 PM

lol. ooooook

thank god the private sector is doing just fine.

[Edited by: drz614 at 12/10/2012 11:00:44 PM EST]
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WIPACKERFAN
Champion Author Chicago

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Message Posted: Dec 10, 2012 10:58:39 PM

Keep it going.
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NorthglennBill
Champion Author Denver

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Message Posted: Dec 10, 2012 10:58:24 PM

It wasn't very long ago that we all thought $3.00 a gallon for fuel was right through the roof. Interesting how our point of view has changed so quickly.
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