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Nov 30 - Gas prices could drop below $3 by Christmas



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 2 months ago '22        #1
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Wrong Move  topics gone triple plat - Number 1 spot x3
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Nov 30 - Gas prices could drop below $3 by Christmas
 

 
The average U.S. gas price could drop below $3 per gallon by Christmas, according to price tracker GasBuddy, dipping to the lowest levels since February despite worries about inflation and a possible recession.

GasBuddy*reported a decline*of 22.7 cents per gallon in the last month and said the dip could continue through December, pushing the price per gallon down to a possible $2.99 by the Christmas holiday.

The national average figure is currently hovering around $3.50 this week.

“All the metrics look very positive for motorists as this week is likely to continue seeing falling gasoline prices, with many areas falling to the lowest level since Russia’s invasion of Ukraine in February,” said GasBuddy’s head of petroleum analysis Patrick De Haan.

“It’s entirely possible the national average price of gasoline could fall under $3 per gallon by Christmas, which would be a huge gift to unwrap for motorists after a dizzying year at the pump,” he added.

AAA puts*Wednesday’s national average*at $3.49, down from $3.52 on Tuesday, $3.61 last week and $3.76 last month.

The figure is still 10 cents above the national average logged this time last year, but is far below the record average of $5.02 recorded in June.

High prices at the pump*appeared to be*a*big factor for voters*heading into November’s elections amid broader concerns about inflation, though a fall decline from the summer’s record prices gave Democrats some*optimism about their midterm prospects.*

Inflation has been tied to pandemic-related supply chain issues and labor shortages, among other factors, while gas has been a key driver of rising prices this year.
visit this link https://thehill.com/polic .. -by-christmas/
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49 comments
 

 2 months ago '20        #2
sportersify 
Props total: 477 477  Slaps total: 600 600
I remember gas being $1.59 in 2020... you shouldn't celebrate for fixing your own fu*k up.

-16   

 2 months ago '17        #3
Ymmot  topics gone triple plat - Number 1 spot x5
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 sportersify said
you shouldn't celebrate for fixing your own fu*k up.
That's pretty much all trump did for 4 years. Even when he couldn't fix his own fu*k up he still celebrated.
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 2 months ago '07        #4
Ham Rove  topics gone triple plat - Number 1 spot x4
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It just hit 2.99 a gallon here in northern suburban Illinois.
+7   

 2 months ago '21        #5
BeastModeBoy 
Props total: 20445 20 K  Slaps total: 1108 1 K
Tf yall live at? sh*t is 2.75 where I'm at
+7   

 2 months ago '22        #6
Deeebo  topics gone triple plat - Number 1 spot x4
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bi*ch where


Still over $5 in SoCal
+11   

 2 months ago '17        #7
Ymmot  topics gone triple plat - Number 1 spot x5
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 Deeebo said
bi*ch where


Still over $5 in SoCal
I live in LA and it's below $5 in my area.
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 2 months ago '07        #8
240ka  topics gone triple plat - Number 1 spot x1
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 sportersify said
I remember gas being $1.59 in 2020... you shouldn't celebrate for fixing your own fu*k up.

I also remember when gas prices were on the rise before Trump was out of office
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 2 months ago '11        #9
Sin  topics gone triple plat - Number 1 spot x59
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the worst is behind us
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 2 months ago '12        #10
Gramz  topics gone triple plat - Number 1 spot x60
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Got it at $2.05 w/ my King Soopers membership card discount
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 2 months ago '22        #11
RockyIII 
Props total: 4237 4 K  Slaps total: 1486 1 K
sh*t we got 2.98 this morning here in NM

 2 months ago '18        #12
BrooklynDamien  topics gone triple plat - Number 1 spot x2
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Oil prices predict recessions...



The price of gas should be going down lol this isn't good news for the economy. Just a sign of the times.
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 2 months ago '20        #13
Xiox  topics gone triple plat - Number 1 spot x1
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I wish it would
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 2 months ago '04        #14
jumpman2304  topics gone triple plat - Number 1 spot x1
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sh*t $3.39 Minneapolis still .. wish that sh*t was like the posters above me

 2 months ago '21        #15
Swisha2k11  topics gone triple plat - Number 1 spot x6
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$5 bucks where I'm at...that's a drop from $6.50

 2 months ago '06        #16
TreZ 
Props total: 10264 10 K  Slaps total: 2620 2 K
not in southern california that's for damn sure
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 2 months ago '06        #17
KornerBoy 
Props total: 6003 6 K  Slaps total: 559 559
What the fugg you cats drives that allows you to use that 89? My Q50 gets premium only.
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 2 months ago '04        #18
ddash 
Props total: 99091 99 K  Slaps total: 7157 7 K
Premium 93 Paid $5.15 a couple days ago so down some cents this week

 2 months ago '11        #19
UrDoinGood  topics gone triple plat - Number 1 spot x1
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sh*ts 5.09 for regular in sf

 2 months ago '20        #20
sportersify 
Props total: 477 477  Slaps total: 600 600
 Ymmot said
That's pretty much all trump did for 4 years. Even when he couldn't fix his own fu*k up he still celebrated.
Then why you so biased then. If it's fu*k Trump then it's fu*k Biden.
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 2 months ago '20        #21
sportersify 
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 240ka said
I also remember when gas prices were on the rise before Trump was out of office
Yeah... Biden took over and fu*ked it up... dummy.

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 2 months ago '12        #22
Melle 
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 240ka said
I also remember when gas prices were on the rise before Trump was out of office
Yea buddy, bc it was already known Joe Biden was going to be president, do u understand how markets work ?

 2 months ago '14        #23
Wop2x 
Props total: 37422 37 K  Slaps total: 3807 3 K
I’m paying $4.80 for premium
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 2 months ago '06        #24
Skateboard T  topics gone triple plat - Number 1 spot x7
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 sportersify said
I remember gas being $1.59 in 2020... you shouldn't celebrate for fixing your own fu*k up.

It was Russia and OPECs fu*k up. If there is anybody to blame domestically it’s the gas producers who refused to expand refining capacity. Crude oil production is higher than ever, so getting oil isn’t the problem, it’s turning it in to gasoline that’s lagged behind, and the people responsible for doing that intentionally reduced production.

Biden and the Dems proposed an anti-price gouging bill aimed to prevent this, but the GOP filibustered and shot it down

Not sure you can name a single policy from the executive branch that you can tie directly to causing gas price inflation.


Last edited by Skateboard T; 12-01-2022 at 07:09 AM..
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 2 months ago '07        #25
240ka  topics gone triple plat - Number 1 spot x1
Props total: 29493 29 K  Slaps total: 9269 9 K
 Melle said
Yea buddy, bc it was already known Joe Biden was going to be president, do u understand how markets work ?
Lol. Clearly you dont, dumb a*s smh
+1   



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