GasBuddy News Article

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Gasoline pump prices continue to slide

Associated Press -- Gasoline pump prices continued to fall on Monday, offering a bright spot for drivers watching their wallets in the uncertain economy.

The average retail price for a gallon of unleaded regular was $2.708 a gallon Monday, according to AAA, Wright Express and Oil Price Information Service. It has dropped about 4.2 cents in the past week but is around 8.1 cents more than a year ago.

With the summer driving season about to end, experts predict pump prices will drop anywhere from a dime to a quarter a gallon in the weeks ahead.

"I don't think there's going to be a lot of discretionary driving because basically money is still tight for a lot of people," Tradition Energy analyst Gene McGillian said.

In robust economic times, pump prices don't typically begin to fall until after Labor D

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Submitted Aug 23, 2010 By: suportoffroad30

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PDQBlues Champion Author San Diego Posts:4,716 Points:982,400 Joined:Jan 2009	Message Posted: Aug 23, 2010 9:23:54 PM Ignore PDQBlues Report Abuse But not far enough...
brbaritone Champion Author Virginia Posts:1,073 Points:1,272,435 Joined:Jan 2007	Message Posted: Aug 23, 2010 3:19:33 PM Ignore brbaritone Report Abuse No, retail gas prices are just beginning to "slide." When they fall below $2.00/gallon, then we can talk about a "slide."
PathfinderSC Champion Author South Carolina Posts:7,175 Points:1,367,930 Joined:Mar 2008	Message Posted: Aug 23, 2010 1:02:39 PM Ignore PathfinderSC Report Abuse Hope it will fall until Dec.
investmentdr Champion Author Cleveland Posts:1,811 Points:1,000,285 Joined:Sep 2008	Message Posted: Aug 23, 2010 12:41:04 PM Ignore investmentdr Report Abuse I can't get enough of these speculators
investmentdr Champion Author Cleveland Posts:1,811 Points:1,000,285 Joined:Sep 2008	Message Posted: Aug 23, 2010 12:40:35 PM Ignore investmentdr Report Abuse oil off 1.25% again today
northeast2 Champion Author New York Posts:2,681 Points:754,080 Joined:Mar 2008	Message Posted: Aug 23, 2010 12:14:52 PM Ignore northeast2 Report Abuse Trend, baby, trend!
suportoffroad00 All-Star Author Wisconsin Posts:770 Points:910,260 Joined:Aug 2007	Message Posted: Aug 23, 2010 11:50:10 AM Ignore suportoffroad00 Report Abuse I happen to agree with Ncomet1. It sure does take it's sweet time going down but when it goes up it goes up by .10cents per gallon.
MAC48 All-Star Author Dallas Posts:728 Points:499,925 Joined:Dec 2006	Message Posted: Aug 23, 2010 11:05:00 AM Ignore MAC48 Report Abuse In the last week and a half gasoline future contracts have dropped from 2.08 to 1.88 per gallon as of the end of trading today. Based on this drop in the price per gallon in future contracts, the retail price of gasoline should continue its current downward slide. Thank you Lord.
alterman156 Champion Author New York Posts:5,095 Points:1,092,800 Joined:Dec 2008	Message Posted: Aug 23, 2010 9:54:07 AM Ignore alterman156 Report Abuse Maybe gasoline prices will fall further after Labor Day.
ncomet1 Champion Author Michigan Posts:1,289 Points:408,780 Joined:Nov 2009	Message Posted: Aug 23, 2010 9:53:59 AM Ignore ncomet1 Report Abuse It only dropped a few cents at the pumps. Still $2.57 to $2.77 per gallon for regular in our area. It trickles down a few cents every now and then. When it goes up, it jumps .10 to .25 cents at a time.
ncomet1 Champion Author Michigan Posts:1,289 Points:408,780 Joined:Nov 2009	Message Posted: Aug 23, 2010 9:52:31 AM Ignore ncomet1 Report Abuse It only dropped a few cents at the pumps. Still $2.57 to $2.77 per gallon for regular in our area. It tickles down a few cents every now and then. When it goes up, it jumps .10 to .25 cents at a time.
VanIsleRover All-Star Author British Columbia Posts:934 Points:325,625 Joined:Apr 2010	Message Posted: Aug 23, 2010 9:49:57 AM Ignore VanIsleRover Report Abuse Price here went up last week. (Vancouver Island) No-one can tell us why...or is willing to!
amerk73 Champion Author Dallas Posts:4,720 Points:1,158,180 Joined:Oct 2008	Message Posted: Aug 23, 2010 9:34:04 AM Ignore amerk73 Report Abuse plano tx $2.39 still high shoulb below $1.99
amerk73 Champion Author Dallas Posts:4,720 Points:1,158,180 Joined:Oct 2008	Message Posted: Aug 23, 2010 9:33:02 AM Ignore amerk73 Report Abuse few cents only
Bussman Champion Author Dallas Posts:3,868 Points:992,655 Joined:Nov 2008	Message Posted: Aug 23, 2010 9:25:06 AM Ignore Bussman Report Abuse Down here in North Dallas.
BMW2014 Champion Author Toronto Posts:1,794 Points:364,300 Joined:Jun 2010	Message Posted: Aug 23, 2010 9:22:10 AM Ignore BMW2014 Report Abuse Slide does not show my savings on the pumps.
CrackedLCD Champion Author Alabama Posts:6,679 Points:1,294,375 Joined:May 2008	Message Posted: Aug 23, 2010 8:01:48 AM Ignore CrackedLCD Report Abuse Yeah but what about the prices of gas? See, because it looks like they're talking about the price of the pump itself... 'pump price' not 'gas prices' rimshot crickets pulls collar tough crowd
suportoffroad00 All-Star Author Wisconsin Posts:770 Points:910,260 Joined:Aug 2007	Message Posted: Aug 23, 2010 7:59:06 AM Ignore suportoffroad00 Report Abuse Keep dropping