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PD Moderator	Message Posted: Nov 15, 2010 1:10:35 PM Ignore PD Report Abuse 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... Visit GasBuddy Blog for full article

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

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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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NRGIN Sophomore Author Indianapolis Posts:105 Points:174,660 Joined:Oct 2010	Message Posted: Nov 20, 2010 12:02:16 PM Ignore NRGIN Report Abuse 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.
mnorthwood13 Champion Author Michigan Posts:1,385 Points:762,435 Joined:Apr 2010	Message Posted: Nov 17, 2010 10:58:15 PM Ignore mnorthwood13 Report Abuse Hey it's lower, good job
georgeo Champion Author California Posts:4,172 Points:179,115 Joined:May 2009	Message Posted: Nov 17, 2010 4:19:17 AM Ignore georgeo Report Abuse 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.
honda0105 Champion Author Tallahassee Posts:18,609 Points:1,608,545 Joined:Nov 2008	Message Posted: Nov 16, 2010 9:22:08 PM Ignore honda0105 Report Abuse sheesh.. some folks really take life a bit too serious!
7815mario Veteran Author Rhode Island Posts:350 Points:72,810 Joined:Aug 2010	Message Posted: Nov 16, 2010 12:28:06 PM Ignore 7815mario Report Abuse 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!!!!
doctorindyj Champion Author Santa Fe Posts:3,443 Points:837,860 Joined:Nov 2009	Message Posted: Nov 16, 2010 12:04:11 PM Ignore doctorindyj Report Abuse I wish it would go down but I know it's going up because of holiday travel. Thanks for the info.
prcoqui Champion Author Maryland Posts:3,950 Points:1,673,200 Joined:Dec 2006	Message Posted: Nov 16, 2010 7:00:49 AM Ignore prcoqui Report Abuse Steady for the last couple fo weeks.
gassy4u Champion Author Mobile Posts:3,763 Points:1,326,210 Joined:Sep 2005	Message Posted: Nov 16, 2010 6:24:40 AM Ignore gassy4u Report Abuse Ho hum.
neptune2008 Champion Author Michigan Posts:8,568 Points:1,668,750 Joined:Aug 2008	Message Posted: Nov 16, 2010 6:20:58 AM Ignore neptune2008 Report Abuse since when is 2 cents falling after up 30cents??? I call BS
naw62 Champion Author Maine Posts:9,427 Points:2,215,940 Joined:Sep 2006	Message Posted: Nov 16, 2010 6:18:47 AM Ignore naw62 Report Abuse We don't need to hear this Watchout for the anaalists and speculators
rjd1608 Champion Author Toledo Posts:5,356 Points:1,929,030 Joined:Aug 2003	Message Posted: Nov 16, 2010 6:16:45 AM Ignore rjd1608 Report Abuse fall baby fall
CPR54 Champion Author Austin Posts:8,218 Points:1,866,055 Joined:Jul 2006	Message Posted: Nov 16, 2010 6:12:38 AM Ignore CPR54 Report Abuse 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
NJColt Champion Author New Jersey Posts:12,635 Points:2,642,010 Joined:Aug 2005	Message Posted: Nov 16, 2010 6:11:59 AM Ignore NJColt Report Abuse Tis the season...
mandoid Champion Author Colorado Springs Posts:7,302 Points:1,526,220 Joined:May 2008	Message Posted: Nov 16, 2010 6:11:29 AM Ignore mandoid Report Abuse been pretty steady here
AvantiMick Champion Author Indiana Posts:12,737 Points:2,541,570 Joined:Dec 2005	Message Posted: Nov 16, 2010 6:10:11 AM Ignore AvantiMick Report Abuse Just great! We have our very own speculator!! Start telling us prices are dropping sharply, and see it works.
ironbox_sara Champion Author Albany Posts:9,586 Points:2,237,780 Joined:Mar 2006	Message Posted: Nov 16, 2010 6:08:33 AM Ignore ironbox_sara Report Abuse Goes up 5-cents a day around here.
Petrock Champion Author Lexington Posts:9,118 Points:2,556,785 Joined:Apr 2005	Message Posted: Nov 16, 2010 6:04:42 AM Ignore Petrock Report Abuse 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.
pkhdonovan Champion Author Maine Posts:12,001 Points:2,703,855 Joined:Sep 2005	Message Posted: Nov 16, 2010 6:04:03 AM Ignore pkhdonovan Report Abuse up to $3 around here
Bill100 Champion Author Grand Rapids Posts:41,482 Points:1,161,870 Joined:Jan 2010	Message Posted: Nov 16, 2010 5:58:10 AM Ignore Bill100 Report Abuse 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?
LeeFree Champion Author Pittsburgh Posts:9,146 Points:2,242,475 Joined:Jun 2005	Message Posted: Nov 16, 2010 5:58:03 AM Ignore LeeFree Report Abuse Up a dime here in western PA.
twobroke61 Champion Author Michigan Posts:8,375 Points:1,587,985 Joined:Sep 2008	Message Posted: Nov 16, 2010 5:52:34 AM Ignore twobroke61 Report Abuse did not fall in northern MI still 3.09 a gallon
GasholeMI Champion Author Lansing Posts:10,134 Points:1,717,165 Joined:Jul 2008	Message Posted: Nov 16, 2010 5:51:08 AM Ignore GasholeMI Report Abuse Great and accurate predictions.
tc316 Champion Author Twin Cities Posts:10,781 Points:1,726,655 Joined:Apr 2007	Message Posted: Nov 16, 2010 5:50:58 AM Ignore tc316 Report Abuse Up for the holidays
subnuke Champion Author Atlanta Posts:7,498 Points:1,507,415 Joined:Sep 2008	Message Posted: Nov 16, 2010 5:50:28 AM Ignore subnuke Report Abuse Depends what super ben does with the dollar printing press.
Bonanza Champion Author Boston Posts:12,081 Points:2,550,030 Joined:Jun 2004	Message Posted: Nov 16, 2010 5:49:48 AM Ignore Bonanza Report Abuse Holidays are coming so prices will go up
DrivingFool2 Champion Author Appleton Posts:8,582 Points:1,604,140 Joined:Apr 2005	Message Posted: Nov 16, 2010 5:47:45 AM Ignore DrivingFool2 Report Abuse I'm hoping for cheaper gas as driving drops off during the Winter months
52MPG Champion Author Dayton Posts:7,254 Points:1,740,670 Joined:Apr 2006	Message Posted: Nov 16, 2010 5:47:35 AM Ignore 52MPG Report Abuse I am looking for those lower Ohio prices.
ysmc Champion Author Providence Posts:10,558 Points:2,021,495 Joined:Apr 2007	Message Posted: Nov 16, 2010 5:47:07 AM Ignore ysmc Report Abuse 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.
turbodog Champion Author Mississippi Posts:6,751 Points:1,361,465 Joined:Feb 2009	Message Posted: Nov 16, 2010 5:44:00 AM Ignore turbodog Report Abuse where can I get some of those cheap Obama dollars?
Tru2psu2 Champion Author Winston-Salem Posts:14,470 Points:1,554,655 Joined:Feb 2004	Message Posted: Nov 16, 2010 5:40:29 AM Ignore Tru2psu2 Report Abuse Bad news!
epf Champion Author Grand Rapids Posts:6,329 Points:1,890,380 Joined:May 2004	Message Posted: Nov 16, 2010 5:39:04 AM Ignore epf Report Abuse Down under $2.90 here in West MI
PhilMils Champion Author Virginia Posts:6,257 Points:1,186,000 Joined:Dec 2008	Message Posted: Nov 16, 2010 5:37:52 AM Ignore PhilMils Report Abuse Over the long run, up, of course. The only thing that will change that trend is to drastically cut our consumption of oil.
Ratso Champion Author Ohio Posts:18,784 Points:2,683,620 Joined:Sep 2003	Message Posted: Nov 16, 2010 5:37:15 AM Ignore Ratso Report Abuse It dropped here in Central Ohio in the last 2 days ...BUT .....noone is celebrating !
vamike Champion Author Virginia Posts:5,320 Points:1,363,975 Joined:Dec 2008	Message Posted: Nov 16, 2010 5:20:35 AM Ignore vamike Report Abuse Up is usually a fairly safe bet.
fillerupyeoww Champion Author Columbus Posts:5,874 Points:1,648,465 Joined:Mar 2008	Message Posted: Nov 16, 2010 5:18:55 AM Ignore fillerupyeoww Report Abuse These are great heads-up articles! Keep 'em coming!
hybridaholic Champion Author Appleton Posts:8,360 Points:1,554,840 Joined:Dec 2008	Message Posted: Nov 16, 2010 5:10:18 AM Ignore hybridaholic Report Abuse Greed knows no bounds. Prices will rise and continue to do so until we stop buying their product.
4thWatch Champion Author Pennsylvania Posts:2,066 Points:602,885 Joined:May 2008	Message Posted: Nov 16, 2010 5:10:06 AM Ignore 4thWatch Report Abuse 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)
stpetebp Champion Author Tampa Posts:6,216 Points:1,731,605 Joined:Nov 2007	Message Posted: Nov 16, 2010 5:05:21 AM Ignore stpetebp Report Abuse All based on speculation.
harleydoctor Champion Author Kansas Posts:7,340 Points:1,927,610 Joined:Sep 2005	Message Posted: Nov 16, 2010 5:04:09 AM Ignore harleydoctor Report Abuse Its not looking good boys............
packards42 Champion Author Washington Posts:6,442 Points:1,127,615 Joined:Feb 2005	Message Posted: Nov 16, 2010 5:04:01 AM Ignore packards42 Report Abuse Well I missed I thought we be $3.25 for thanksgiving
fratt Champion Author Grand Rapids Posts:9,820 Points:2,643,955 Joined:Jul 2005	Message Posted: Nov 16, 2010 5:03:32 AM Ignore fratt Report Abuse Get rid of ALL speculators & prices would be fine.
BigDogOH Champion Author Cincinnati Posts:8,498 Points:1,806,845 Joined:Mar 2008	Message Posted: Nov 16, 2010 4:57:01 AM Ignore BigDogOH Report Abuse $3.00 at thanksgiving
gabbygusIN Champion Author Indiana Posts:7,231 Points:1,558,900 Joined:Oct 2008	Message Posted: Nov 16, 2010 4:46:46 AM Ignore gabbygusIN Report Abuse Prices around here rose last week and have not dropped yet!!
wegman Champion Author Twin Cities Posts:7,804 Points:2,087,615 Joined:Jun 2001	Message Posted: Nov 16, 2010 4:37:00 AM Ignore wegman Report Abuse That is a pretty foggy crystal ball. But he isn't over predicting - that is good.
NedW Champion Author Indianapolis Posts:5,609 Points:1,141,270 Joined:Mar 2008	Message Posted: Nov 16, 2010 4:29:32 AM Ignore NedW Report Abuse I'm surprised the prices have stayed at this level so long.
computernut2008 Champion Author Ohio Posts:6,568 Points:1,349,390 Joined:Oct 2008	Message Posted: Nov 16, 2010 4:25:24 AM Ignore computernut2008 Report Abuse If you don't know guess up...You will usually be correct.
TIGERPAW46 Champion Author Florida Posts:7,120 Points:1,353,810 Joined:Mar 2004	Message Posted: Nov 16, 2010 4:23:43 AM Ignore TIGERPAW46 Report Abuse Weekly guessing game.
bobdec Champion Author Miami Posts:8,959 Points:1,768,845 Joined:May 2008	Message Posted: Nov 16, 2010 4:23:16 AM Ignore bobdec Report Abuse the prices will continue up unless we drill here and utilize good alternative fuels
ED6 Champion Author Riverside Posts:9,479 Points:1,850,155 Joined:Jul 2007	Message Posted: Nov 16, 2010 4:21:39 AM Ignore ED6 Report Abuse Price at the pump here in SoCal is more than $3.00.
Hunter724 Champion Author New Hampshire Posts:8,116 Points:1,645,100 Joined:Sep 2008	Message Posted: Nov 16, 2010 4:17:10 AM Ignore Hunter724 Report Abuse Price at the pump continues to rise..........