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Author Topic: Weekly gasoline price outlook Post a Reply Back to Topics
PD

Moderator
Message Posted: Nov 15, 2010 1:10:35 PM

Evaluating last week's prediction for this week, I said "By next Monday the national average will be $2.90 while prices in Canada will average 104.8c/L." Taking a look this morning, the average is $2.896 for the U.S. and 104.9c/L in Canada, just as close to the predicted prices as one can get.

I also said last week that prices would fall in MI, OH, IN, WI, IL, and KY. Prices fell quite a bit (near 10cts/gal) in MI, OH, IN, and KY, but rose slightly in WI and IL. On to what's to come for this week!

We started the week off with the Dow rising- retail sales also continue to march higher, signaling that consumers are getting out and spending more, which most certainly would also mean higher petroleum demand.

This...

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REPLIES (newest first)
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NRGIN
Sophomore Author Indianapolis

Posts:105
Points:174,660
Joined:Oct 2010
Message Posted: Nov 20, 2010 12:02:16 PM

Prices fell in IN most of the week to around 2.65 at the lowest, but Friday PM, some stations started jumping to 2.85, a 10-20 cent jump for many.
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mnorthwood13
Champion Author Michigan

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Message Posted: Nov 17, 2010 10:58:15 PM

Hey it's lower, good job
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georgeo
Champion Author California

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Message Posted: Nov 17, 2010 4:19:17 AM

The American people should be made aware of the trend toward monopolization of the great public information vehicles and the concentration of more and more power over public opinion in fewer and fewer hands.
Spiro T. Agnew
A lot of the folks on this forum probably don't know Spiro. He was our Vice President under Nixon. He suffered a lot of shame for being such a crooked person but he had a way with words.
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honda0105
Champion Author Tallahassee

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Message Posted: Nov 16, 2010 9:22:08 PM

sheesh.. some folks really take life a bit too serious!
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7815mario
Veteran Author Rhode Island

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Message Posted: Nov 16, 2010 12:28:06 PM

WTF? Gasbuddy deleted my news submission and I didn't even get an email from them. My news story had made it to the top five and they deleted it. What kind of bullsh!t is that?

GASBUDDY, SUCK MY BIG COCC!!!!
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doctorindyj
Champion Author Santa Fe

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Message Posted: Nov 16, 2010 12:04:11 PM

I wish it would go down but I know it's going up because of holiday travel. Thanks for the info.
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prcoqui
Champion Author Maryland

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Message Posted: Nov 16, 2010 7:00:49 AM

Steady for the last couple fo weeks.
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gassy4u
Champion Author Mobile

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Message Posted: Nov 16, 2010 6:24:40 AM

Ho hum.
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neptune2008
Champion Author Michigan

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Message Posted: Nov 16, 2010 6:20:58 AM

since when is 2 cents falling after up 30cents??? I call BS
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naw62
Champion Author Maine

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Message Posted: Nov 16, 2010 6:18:47 AM

We don't need to hear this Watchout for the anaalists and speculators
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rjd1608
Champion Author Toledo

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Message Posted: Nov 16, 2010 6:16:45 AM

fall baby fall
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CPR54
Champion Author Austin

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Message Posted: Nov 16, 2010 6:12:38 AM

If the ruling council of Gas Producers gets its way they want IRANsaid $100 barrell now that the market can handle it .Easy to say when you are makink 1/2 million dollars a year
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NJColt
Champion Author New Jersey

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Message Posted: Nov 16, 2010 6:11:59 AM

Tis the season...
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mandoid
Champion Author Colorado Springs

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Message Posted: Nov 16, 2010 6:11:29 AM

been pretty steady here
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AvantiMick
Champion Author Indiana

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Message Posted: Nov 16, 2010 6:10:11 AM

Just great! We have our very own speculator!! Start telling us prices are dropping sharply, and see it works.
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ironbox_sara
Champion Author Albany

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Message Posted: Nov 16, 2010 6:08:33 AM

Goes up 5-cents a day around here.
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Petrock
Champion Author Lexington

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Message Posted: Nov 16, 2010 6:04:42 AM

I think the price of oil has as much to do with current gasoline prices as refinery prodution. With oil climbing way up and then falling only partly back, I see a near-term increase in prices of at least $0.10. Time will tell.
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pkhdonovan
Champion Author Maine

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Message Posted: Nov 16, 2010 6:04:03 AM

up to $3 around here
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Bill100
Champion Author Grand Rapids

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Message Posted: Nov 16, 2010 5:58:10 AM

I love that I see some 2.809 prices this morning on the west side of Grand Rapids. Can we spread that trend and go lower?
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LeeFree
Champion Author Pittsburgh

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Message Posted: Nov 16, 2010 5:58:03 AM

Up a dime here in western PA.
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twobroke61
Champion Author Michigan

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Message Posted: Nov 16, 2010 5:52:34 AM

did not fall in northern MI still 3.09 a gallon
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GasholeMI
Champion Author Lansing

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Message Posted: Nov 16, 2010 5:51:08 AM

Great and accurate predictions.
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tc316
Champion Author Twin Cities

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Message Posted: Nov 16, 2010 5:50:58 AM

Up for the holidays
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subnuke
Champion Author Atlanta

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Message Posted: Nov 16, 2010 5:50:28 AM

Depends what super ben does with the dollar printing press.
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Bonanza
Champion Author Boston

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Message Posted: Nov 16, 2010 5:49:48 AM

Holidays are coming so prices will go up
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DrivingFool2
Champion Author Appleton

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Message Posted: Nov 16, 2010 5:47:45 AM

I'm hoping for cheaper gas as driving drops off during the Winter months
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52MPG
Champion Author Dayton

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Message Posted: Nov 16, 2010 5:47:35 AM

I am looking for those lower Ohio prices.
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ysmc
Champion Author Providence

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Message Posted: Nov 16, 2010 5:47:07 AM

3.00 in rhode island will put a major damper on the thanksgiving/christmas season. the fed's 600 billion of paper printed monopoly money did not trickle down to "We the People" but appears headed for another year of hugh bonuses for bankers and speculators as rewards for messing up the economy and keeping this state in a depression.
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turbodog
Champion Author Mississippi

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Message Posted: Nov 16, 2010 5:44:00 AM

where can I get some of those cheap Obama dollars?
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Tru2psu2
Champion Author Winston-Salem

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Message Posted: Nov 16, 2010 5:40:29 AM

Bad news!
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epf
Champion Author Grand Rapids

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Message Posted: Nov 16, 2010 5:39:04 AM

Down under $2.90 here in West MI
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PhilMils
Champion Author Virginia

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Message Posted: Nov 16, 2010 5:37:52 AM

Over the long run, up, of course. The only thing that will change that trend is to drastically cut our consumption of oil.
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Ratso
Champion Author Ohio

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Message Posted: Nov 16, 2010 5:37:15 AM

It dropped here in Central Ohio in the last 2 days ...BUT .....noone is celebrating !
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vamike
Champion Author Virginia

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Message Posted: Nov 16, 2010 5:20:35 AM

Up is usually a fairly safe bet.
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fillerupyeoww
Champion Author Columbus

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Message Posted: Nov 16, 2010 5:18:55 AM

These are great heads-up articles! Keep 'em coming!
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hybridaholic
Champion Author Appleton

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Message Posted: Nov 16, 2010 5:10:18 AM

Greed knows no bounds. Prices will rise and continue to do so until we stop buying their product.
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4thWatch
Champion Author Pennsylvania

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Message Posted: Nov 16, 2010 5:10:06 AM

I think the figures that indicate consumer spending may be a little warped. Yes, people may be spending more, but this is the time of the year that you will see more spending anyway because of the approaching holidays. Those figures are not necessarily an indicator of a recovering economy.(IMHO)
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stpetebp
Champion Author Tampa

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Message Posted: Nov 16, 2010 5:05:21 AM

All based on speculation.
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harleydoctor
Champion Author Kansas

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Message Posted: Nov 16, 2010 5:04:09 AM

Its not looking good boys............
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packards42
Champion Author Washington

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Message Posted: Nov 16, 2010 5:04:01 AM

Well I missed I thought we be $3.25 for thanksgiving
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fratt
Champion Author Grand Rapids

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Message Posted: Nov 16, 2010 5:03:32 AM

Get rid of ALL speculators & prices would be fine.
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BigDogOH
Champion Author Cincinnati

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Message Posted: Nov 16, 2010 4:57:01 AM

$3.00 at thanksgiving
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gabbygusIN
Champion Author Indiana

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Message Posted: Nov 16, 2010 4:46:46 AM

Prices around here rose last week and have not dropped yet!!
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wegman
Champion Author Twin Cities

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Message Posted: Nov 16, 2010 4:37:00 AM

That is a pretty foggy crystal ball.

But he isn't over predicting - that is good.
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NedW
Champion Author Indianapolis

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Message Posted: Nov 16, 2010 4:29:32 AM

I'm surprised the prices have stayed at this level so long.
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computernut2008
Champion Author Ohio

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Message Posted: Nov 16, 2010 4:25:24 AM

If you don't know guess up...You will usually be correct.
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TIGERPAW46
Champion Author Florida

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Message Posted: Nov 16, 2010 4:23:43 AM

Weekly guessing game.
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bobdec
Champion Author Miami

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Message Posted: Nov 16, 2010 4:23:16 AM

the prices will continue up unless we drill here and utilize good alternative fuels
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ED6
Champion Author Riverside

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Message Posted: Nov 16, 2010 4:21:39 AM

Price at the pump here in SoCal is more than $3.00.
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Hunter724
Champion Author New Hampshire

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Message Posted: Nov 16, 2010 4:17:10 AM

Price at the pump continues to rise..........
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