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GasBuddy News Article

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No sign of gas prices dropping, look for political fallout in debates

Brainerd Dispatch -- Presidential candidates Obama and Romney square off tonight in the first debate of the campaign season. However, this debate will center around the economy. One issue that is certain to come up is the cost of driving.

After a brief respite from gas prices inches close to $4 a gallon, it seems as though the cost of driving our cars and trucks will continue to soar to new heights. Why? Well, it seems that oil refineries are experiencing lower than normal inventories. Net result: What oil is refined is selling for near or at record levels.

“Gas prices stay high,” a USA Today report stated, with the “2012 average for regular gasoline (price per gallon) is on track to be the highest on record.” In 2011 the average was $3.51 per gallon.” As of Oct. 1, 2012 the national average price is at $3.6


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Submitted Oct 03, 2012 By: skb69sa
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: No sign of gas prices dropping, look for political fallout in debates Post a Reply Back to Topics
REPLIES (newest first)
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honda0105
Champion Author Tallahassee

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Message Posted: Oct 10, 2012 12:03:42 AM

if the last one is an indication, it probably won't even be mentioned.
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clpassenubye
Champion Author Los Angeles

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Message Posted: Oct 4, 2012 8:14:41 AM

disappointing
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sparky808
Champion Author Honolulu

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Message Posted: Oct 4, 2012 7:27:24 AM

Thank you for posting.
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Wizrd03
Champion Author Illinois

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Message Posted: Oct 4, 2012 2:31:51 AM

Now gas prices are tied to political debate instead of supply & demand, what has this country come to?????
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Alaydown
Champion Author Los Angeles

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Message Posted: Oct 3, 2012 8:21:12 PM

Domestic production of oil and gas is higher in spite of Obama's policies that cut the number of leases and permits on federal land and water by half. That is because the production was done on private land.
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Fitwit
Champion Author Stockton

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Message Posted: Oct 3, 2012 7:01:47 PM

I went to Big Trees State Park to a Docent Appreciation Dinner and got home in time to avoid it. I already know who I am not voting for and no one will change my mind. Halleluyah.
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Darwin00
All-Star Author Mississippi

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Message Posted: Oct 3, 2012 5:04:38 PM

I agree.
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ExplorerWA
Champion Author Washington

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Message Posted: Oct 3, 2012 5:03:54 PM

Who will win this gas debate?
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SandeeC
Champion Author Ontario

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Message Posted: Oct 3, 2012 4:55:08 PM

We just finished watching this debate - nothing was said about the gas prices or pain at the pump. The only thing Romney pointed out was all the dollars the Obama government pumped into green energy and solar projects that all went belly up. Obama made no response to this.

By the way, our prices here in Canada are rising. Grab your wallets guys!
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flyfast
Champion Author Kansas City

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Message Posted: Oct 3, 2012 4:54:51 PM

time for a change
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kiosk12y
Champion Author Tulsa

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Message Posted: Oct 3, 2012 4:46:53 PM

white house has nothing to do w/ gas prices...my neighborhood station went down...duh...
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carinthuist
Champion Author San Francisco

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Message Posted: Oct 3, 2012 4:46:12 PM

no dropping but increases
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my2002m
Champion Author Tulsa

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Message Posted: Oct 3, 2012 4:42:54 PM

I'm sure the white house will do everything they can to keep prices high.
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Pramodsharma
Champion Author Richmond

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Message Posted: Oct 3, 2012 4:42:37 PM

To my favorite gas station price went down 5 Cents
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WoolyBear
Veteran Author San Bernardino

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Message Posted: Oct 3, 2012 4:41:22 PM

Gas went up 7 cents today.
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drz614
Champion Author Harrisburg

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Message Posted: Oct 3, 2012 4:41:16 PM

how do they calculate national avg? according to gas buddy the national avg 3.79....
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FuelOilOH
Champion Author Cleveland

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Message Posted: Oct 3, 2012 4:39:56 PM

The trend is lower prices here.
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MG_Sputnik
Champion Author Philadelphia

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Message Posted: Oct 3, 2012 4:33:30 PM

We're all DOOMED!!!
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stueyAZ
Sophomore Author Phoenix

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Message Posted: Oct 3, 2012 4:32:29 PM

such is life
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cupboy
Champion Author Salt Lake City

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Message Posted: Oct 3, 2012 4:31:01 PM

Crude oil at 87.97. Must be nice to own a refinery right about now.
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iamforiu
Champion Author Indiana

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Message Posted: Oct 3, 2012 4:24:07 PM

up up and away
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Oct 3, 2012 4:21:26 PM

Pump prices way to high!!!!! Time will tell!!!!
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Spankster85
Champion Author Chicago

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Message Posted: Oct 3, 2012 4:20:13 PM

Nice to see my area is above average...
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humancry
Champion Author Michigan

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Message Posted: Oct 3, 2012 4:20:12 PM

the lieing s.o.b's
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monarch57
Champion Author British Columbia

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Message Posted: Oct 3, 2012 4:15:46 PM

Oil prices are down over $3.50 a barrel today, so prices must go down and the summer driving season is over. It's called GREED and SELFISHNESS.
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TopGunn
Champion Author Baltimore

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Message Posted: Oct 3, 2012 4:14:16 PM

Price manipulation by big oil with the cooperation of speculators.
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IUVidiot
Champion Author Indiana

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Message Posted: Oct 3, 2012 4:13:05 PM

hmmmm
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Ahking
Champion Author Orange County

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Message Posted: Oct 3, 2012 4:13:00 PM

they have already gone up significantly.
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car15
Rookie Author Fort Worth

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Message Posted: Oct 3, 2012 4:09:11 PM

Ok
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tspaldi
Champion Author Provo

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Message Posted: Oct 3, 2012 4:08:36 PM

Oil inventories are high... Refineries are refining less oil for one reason...GREED! Big oil refines less oil to manipulate the price higher.
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MrLuigi
Champion Author Massachusetts

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Message Posted: Oct 3, 2012 4:08:14 PM

crude oil fell on its face today and trimmed $4.00 off a barrel, seems to me like gas should start falling just as hard....
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splitrman
Champion Author Victoria

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Message Posted: Oct 3, 2012 4:06:41 PM

over $5.00 a gallon US in British Columbia today
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C.Carpets
All-Star Author Oakland

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Message Posted: Oct 3, 2012 4:05:39 PM

$4.45 in CA. today
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pgerassi
Champion Author Milwaukee

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Message Posted: Oct 3, 2012 4:05:39 PM

Gas prices here are still dropping, slowly.
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DustyHorse
Champion Author Virginia

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Message Posted: Oct 3, 2012 4:04:37 PM

Price manipulation pure and simple.
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Johnnyrebell12
Champion Author Massachusetts

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Message Posted: Oct 3, 2012 4:02:12 PM

Well the average of $3.60 is better than the average of $4.00, but don't worry its coming
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Beaveronparade
Champion Author Hartford

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Message Posted: Oct 3, 2012 4:01:19 PM

I'd say this article is sad but true.
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ericbcire
Champion Author Nevada

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Message Posted: Oct 3, 2012 4:01:19 PM

Prices must drop or the economy will worsen and more gas stations will go out of business.
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bridgerunner
Champion Author Virginia

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Message Posted: Oct 3, 2012 3:59:22 PM

It is about time somebody started paying attention.
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Lizzylou
Champion Author Stockton

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Message Posted: Oct 3, 2012 3:57:58 PM

Some stations have jacked up their prices as much as 20 cents a gallon over night!!!
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rf6480
Champion Author Miami

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Message Posted: Oct 3, 2012 3:57:54 PM

nice drop in oil today. Lets see if it lasts and where gas goes because of it. Lowest current price I saw today was $3.71
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darkknight1
Champion Author Winston-Salem

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Message Posted: Oct 3, 2012 3:54:27 PM

No sign of gas prices dropping =
No sign of the economy recovering.
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Double_Golden
Champion Author San Francisco

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Message Posted: Oct 3, 2012 3:54:26 PM

I didn't see any price dropping, instead I see gas price raising...
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barbs24
Champion Author Virginia Beach

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Message Posted: Oct 3, 2012 3:52:01 PM

Neither have real power over the price
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DEG
Champion Author Las Vegas

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Message Posted: Oct 3, 2012 3:49:41 PM

Gas prices have jumped by a dime at one of the popular chains here in the Las Vegas area.
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BlueBell
Champion Author Toledo

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Message Posted: Oct 3, 2012 3:48:15 PM

Still waiting.
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unicornIL
Veteran Author Chicago

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Message Posted: Oct 3, 2012 3:44:22 PM

welcome to corporate greed
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Quick68
Champion Author Columbus

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Message Posted: Oct 3, 2012 3:42:57 PM

Presidential candidates Obama and Romney debates are just a front. Don't believe either one.
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5Golfer8
Champion Author Tucson

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Message Posted: Oct 3, 2012 3:42:06 PM

Its simple Obama and the Democrats want high prices and high taxes to keep people dependant on government and create a entitlement welfare state. It did not work with the Soviet Union and will not work here.

[Edited by: 5Golfer8 at 10/3/2012 9:44:26 PM EST]
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mlmeng
Champion Author Michigan

Posts:1,640
Points:592,785
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Message Posted: Oct 3, 2012 3:39:25 PM

Sell less gas for more money. Seems like the government would step in the provide mandates like they do for gas mileage in cars.
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