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Give thanks – gasoline prices continue downward

Central Valley Business Times -- Slowly but steadily, gas prices dropped by another small amount over the past week throughout California, although prices remain about 60 cents per gallon higher than one year ago, according to price surveys Friday.

“At the moment, the biggest factor driving prices downward seems to be the seasonal dip in demand,” says Jeffrey Spring, a spokesman for the Automobile Club of Southern California. “Prices traditionally drop this time of year along with temperatures, which will be a little help for Thanksgiving travelers’ budgets.”

California’s statewide average price for a gallon of self-ser4ve regular on Nov. 20 is $2.943, third highest in the nation, surpassed only by Alaska and Hawaii.

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Submitted Nov 20, 2009 By: GM

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CSharpGuy Champion Author Colorado Springs Posts:4,574 Points:928,585 Joined:Jan 2008	Message Posted: Nov 21, 2009 8:37:52 AM Ignore CSharpGuy Report Abuse Good for Thanksgiving travelers.
hybridaholic Champion Author Wisconsin Posts:3,353 Points:595,610 Joined:Dec 2008	Message Posted: Nov 21, 2009 8:37:10 AM Ignore hybridaholic Report Abuse Prices are moving aggressively forward around here
MUSTANGSRUS Champion Author Ontario Posts:4,748 Points:1,002,120 Joined:Sep 2006	Message Posted: Nov 21, 2009 8:36:54 AM Ignore MUSTANGSRUS Report Abuse Any - and all - lower prices are gratefully accepted. Keep going down.
BartBuzz Champion Author Atlanta Posts:3,943 Points:810,985 Joined:Aug 2006	Message Posted: Nov 21, 2009 8:32:15 AM Ignore BartBuzz Report Abuse Let's see where prices are a month from now before we get all giddy. Keep conserving.
Black Wagon Champion Author Illinois Posts:2,504 Points:1,013,585 Joined:Mar 2004	Message Posted: Nov 21, 2009 8:31:00 AM Ignore Black Wagon Report Abuse See what happens with Thanksgiving this week.
bumpygas Champion Author Nebraska Posts:3,525 Points:962,425 Joined:Oct 2007	Message Posted: Nov 21, 2009 8:28:50 AM Ignore bumpygas Report Abuse It takes 2 weeks for prices to drop when the price of crude drops, but it takes 2 minutes for it to jump when crude rises.
GasholeMI Champion Author Lansing Posts:5,304 Points:763,815 Joined:Jul 2008	Message Posted: Nov 21, 2009 8:28:42 AM Ignore GasholeMI Report Abuse I am thankful for a lot of things especially as we approach Thanksgiving. However, gasoline is not high on my thanks list because every drop of a nickle is soon followed by an increase of another nickle.
sdbaroon Sophomore Author Scranton Posts:108 Points:539,810 Joined:May 2004	Message Posted: Nov 21, 2009 8:23:35 AM Ignore sdbaroon Report Abuse Prices dropped 2 cents here after rising a quarter in a little better than a week. BIG WHOOP!
ssect8 Champion Author Hartford Posts:3,107 Points:1,224,900 Joined:Jun 2006	Message Posted: Nov 21, 2009 8:23:25 AM Ignore ssect8 Report Abuse Not around here, gas prices are up at some stations and the same at others, no one is gong down.
RochBear Champion Author Minnesota Posts:5,569 Points:1,054,140 Joined:May 2006	Message Posted: Nov 21, 2009 8:21:28 AM Ignore RochBear Report Abuse I'll give thanks, but not for gasoline prices. I'll give thanks, that I still have Some freedoms (we'll see for how much longer). I'll give thanks for my health (so far no N1H1). I'll give thanks for my family, my faith, and that I still have a job. I'll give thanks that gas prices are not $4/gallon. I'll give thanks they are still under $3.
nojsts Champion Author St. Louis Posts:14,048 Points:2,829,905 Joined:May 2002	Message Posted: Nov 21, 2009 8:11:23 AM Ignore nojsts Report Abuse Not here. Gas jumped almost 20 cents a few days ago.
Tundralimited2009 Champion Author Dallas Posts:2,587 Points:520,450 Joined:Feb 2009	Message Posted: Nov 21, 2009 8:09:56 AM Ignore Tundralimited2009 Report Abuse LaLa land rides again......
wheelman82 Champion Author Maryland Posts:10,525 Points:1,215,690 Joined:Apr 2007	Message Posted: Nov 21, 2009 8:09:31 AM Ignore wheelman82 Report Abuse I'm glad someone thinks prices have been coming down...
Beau2140 Champion Author New York Posts:3,365 Points:682,510 Joined:Oct 2008	Message Posted: Nov 21, 2009 8:09:18 AM Ignore Beau2140 Report Abuse I haaven't seen any drop in the price in upstate NY.
Rick01 Champion Author Utah Posts:4,041 Points:1,415,590 Joined:Sep 2005	Message Posted: Nov 21, 2009 8:06:41 AM Ignore Rick01 Report Abuse Hasn't dropped a penny here for 2 months now.
ttwiw Champion Author Austin Posts:1,999 Points:919,195 Joined:Sep 2005	Message Posted: Nov 21, 2009 8:06:37 AM Ignore ttwiw Report Abuse Kiplinger is predicting gas prices will rise through the end of the year
Gassed01 Champion Author Toronto Posts:1,756 Points:852,575 Joined:Jan 2006	Message Posted: Nov 21, 2009 8:05:29 AM Ignore Gassed01 Report Abuse It would be nice to see it drop here. 97 cents a litre = about $4.00 a gallon. Rip off.
Marson Champion Author Scranton Posts:4,394 Points:1,147,745 Joined:Oct 2006	Message Posted: Nov 21, 2009 8:04:16 AM Ignore Marson Report Abuse Down 2 cents here too, woppie!!
LeeFree Champion Author Pittsburgh Posts:4,405 Points:1,296,600 Joined:Jun 2005	Message Posted: Nov 21, 2009 8:04:10 AM Ignore LeeFree Report Abuse Yeah, I'm supposed to be grateful for a slow 5 cent decrease after a 20 cent jump.
MadEJ All-Star Author Hartford Posts:526 Points:538,325 Joined:Aug 2008	Message Posted: Nov 21, 2009 8:02:23 AM Ignore MadEJ Report Abuse Thank the Lord
lleddirj Champion Author Michigan Posts:2,546 Points:926,425 Joined:May 2005	Message Posted: Nov 21, 2009 8:01:01 AM Ignore lleddirj Report Abuse Wrong here too. Must be the economist that sees one point as a trend. [Edited by: lleddirj at 11/21/2009 8:01:29 AM EST]
mrchief Veteran Author Massachusetts Posts:410 Points:424,505 Joined:May 2006	Message Posted: Nov 21, 2009 8:00:48 AM Ignore mrchief Report Abuse I have not seen any price reductions lately here in MA.
DeepInOhio Champion Author Ohio Posts:1,939 Points:632,060 Joined:May 2008	Message Posted: Nov 21, 2009 7:59:04 AM Ignore DeepInOhio Report Abuse Why in the heck should I give thanks to the Speculators because they gratiously decided to NOT artificially influence the market this week in order to keep gasoline prices higher than what they should be currently?
BH24 Champion Author Arkansas Posts:4,930 Points:1,116,675 Joined:May 2005	Message Posted: Nov 21, 2009 7:58:14 AM Ignore BH24 Report Abuse Before engaging in a round of uncontrolled high-fiving and chest bumping as a result of this development, it is always good to make a check of the day's price movement. Things had been going pretty well around here, in terms of gas prices, a few days ago when we woke up to learn that there had been a twenty cent overnight increase. Our retail gas prices seem to exhibit about the same level of stability as the attention span of an average four year old.
Dennisjk Champion Author Detroit Posts:2,614 Points:1,038,565 Joined:Apr 2006	Message Posted: Nov 21, 2009 7:57:34 AM Ignore Dennisjk Report Abuse Continue??? They raised them 18 cents then lowered them 5 cents.
AvantiMick Champion Author Indiana Posts:8,031 Points:1,604,395 Joined:Dec 2005	Message Posted: Nov 21, 2009 7:55:50 AM Ignore AvantiMick Report Abuse Sure.....they always drop a penny a day after a 20 cent spike!
cigarman409 All-Star Author Massachusetts Posts:826 Points:880,570 Joined:Jul 2007	Message Posted: Nov 21, 2009 7:53:58 AM Ignore cigarman409 Report Abuse GIVE THANKS!!!! prices still too high
theawesome1 Champion Author Cleveland Posts:3,661 Points:810,140 Joined:Aug 2005	Message Posted: Nov 21, 2009 7:52:26 AM Ignore theawesome1 Report Abuse WRONG! Up $.30 to $2.65 from $2.35 to wish us a Happy Thanksgiving. A week ago today Speedway shocked us with all station at $2.65 then it spread. [Edited by: theawesome1 at 11/21/2009 7:54:56 AM EST]
DerHahn Champion Author Illinois Posts:8,122 Points:1,150,925 Joined:May 2004	Message Posted: Nov 21, 2009 7:51:37 AM Ignore DerHahn Report Abuse a drop on friday only means a rise on monday. i'll wait until then to see what happens.
DerTaubman Champion Author Detroit Posts:2,404 Points:556,335 Joined:Jun 2007	Message Posted: Nov 21, 2009 7:50:04 AM Ignore DerTaubman Report Abuse Dropped eleven cents in my area.
tankneverfull Champion Author Charlotte Posts:4,247 Points:831,445 Joined:Apr 2008	Message Posted: Nov 21, 2009 7:49:57 AM Ignore tankneverfull Report Abuse What am I giving thanks for again? Being taken advantage of for days, months and years only to have a slight change every now and then, oh thank you, thank you, thank you. LOL
1Casey Champion Author Albany Posts:2,152 Points:999,750 Joined:Jun 2004	Message Posted: Nov 21, 2009 7:49:21 AM Ignore 1Casey Report Abuse Haven't seen any drop in price in upstate New York.
cv Champion Author Raleigh Posts:10,264 Points:2,292,105 Joined:Oct 2003	Message Posted: Nov 21, 2009 7:49:10 AM Ignore cv Report Abuse After the big jumps a couple weeks ago, things have settled down...no up, no downs just steady prices.
wapakfuel Sophomore Author Ohio Posts:189 Points:1,181,135 Joined:Mar 2006	Message Posted: Nov 21, 2009 7:48:46 AM Ignore wapakfuel Report Abuse Still one dollar higher than last year at this time.
cardjcsk Champion Author Toronto Posts:2,427 Points:1,017,080 Joined:Feb 2007	Message Posted: Nov 21, 2009 7:42:30 AM Ignore cardjcsk Report Abuse Not at the pumps it went up today.
yankeeboy7 Champion Author Louisiana Posts:8,400 Points:505,925 Joined:Feb 2009	Message Posted: Nov 21, 2009 7:41:26 AM Ignore yankeeboy7 Report Abuse Holding steady here.
TheSnowstorm Champion Author Montreal Posts:4,463 Points:1,006,380 Joined:June 2005	Message Posted: Nov 21, 2009 7:41:23 AM Ignore TheSnowstorm Report Abuse Wait till Wednesday.....
timdtune All-Star Author Virginia Posts:634 Points:132,710 Joined:Feb 2009	Message Posted: Nov 21, 2009 7:40:51 AM Ignore timdtune Report Abuse It seems they like to tempt us a little over the winter, then Wham-o, summer hits.
NewfieGasMan Veteran Author Newfoundland Posts:394 Points:240,745 Joined:Oct 2009	Message Posted: Nov 21, 2009 7:40:28 AM Ignore NewfieGasMan Report Abuse Let it fall. LOL
mark1962 Champion Author Albany Posts:1,531 Points:332,645 Joined:Sep 2009	Message Posted: Nov 21, 2009 7:38:39 AM Ignore mark1962 Report Abuse Great but how long will it last?
BIGBADWOOD Champion Author Pittsburgh Posts:3,647 Points:681,310 Joined:Mar 2008	Message Posted: Nov 21, 2009 7:38:11 AM Ignore BIGBADWOOD Report Abuse Thank you big Government and also thank you Big corperation . You are like GE you bring good things to life !!! We are just so lucky!!! [Edited by: BIGBADWOOD at 11/21/2009 7:38:50 AM EST]
Crumbfel Champion Author Virginia Posts:7,632 Points:1,411,610 Joined:Aug 2006	Message Posted: Nov 21, 2009 7:36:34 AM Ignore Crumbfel Report Abuse Promises promises, but in the end the speculators will have their greed fests
riverrising Champion Author Missouri Posts:2,721 Points:677,925 Joined:May 2008	Message Posted: Nov 21, 2009 7:31:24 AM Ignore riverrising Report Abuse we won't see $1.99 again,way it looks.
FieroGT Champion Author Twin Cities Posts:9,507 Points:1,657,295 Joined:Mar 2005	Message Posted: Nov 21, 2009 7:30:53 AM Ignore FieroGT Report Abuse Our metro average pump price is $2.57/gal.
SpruceGuse2 Champion Author Michigan Posts:4,898 Points:1,493,665 Joined:Mar 2006	Message Posted: Nov 21, 2009 7:25:40 AM Ignore SpruceGuse2 Report Abuse The price of gas depends upon what state you live in................
Lukus Champion Author Halifax Posts:3,509 Points:713,240 Joined:Nov 2007	Message Posted: Nov 21, 2009 7:25:27 AM Ignore Lukus Report Abuse Prices stayed the same in Nova Scotia at Friday's price setting.
applejoe Champion Author Twin Cities Posts:2,687 Points:557,045 Joined:May 2001	Message Posted: Nov 21, 2009 7:24:54 AM Ignore applejoe Report Abuse What bubble is this guy living in?
cajun57 Veteran Author North Carolina Posts:264 Points:767,590 Joined:Sep 2005	Message Posted: Nov 21, 2009 7:24:47 AM Ignore cajun57 Report Abuse The reason for the higher "up" in price than "lower" down in price is the profit margin=greed. Greed is BAD.
bobbyd28 All-Star Author Virginia Posts:903 Points:117,850 Joined:Apr 2008	Message Posted: Nov 21, 2009 7:23:28 AM Ignore bobbyd28 Report Abuse are you kidding me the price just went up some more
gasandgoAL Champion Author Alabama Posts:1,951 Points:614,380 Joined:Sep 2008	Message Posted: Nov 21, 2009 7:23:18 AM Ignore gasandgoAL Report Abuse prices on Eastern Shore of Mobile Bay range from 2.51-2.63
Sealer Champion Author Charleston Posts:5,653 Points:837,800 Joined:Jan 2008	Message Posted: Nov 21, 2009 7:22:39 AM Ignore Sealer Report Abuse Down is good, but overall, I'd rather have a strong economy with higher fuel prices than a weak economy with lower fuel prices.