Gas Prices Are Trending ONE Way This Fall...DOWN

Gas Prices Are Trending ONE Way This Fall...DOWN

...You can look forward to less pain at the pump, experts say, but be ready for higher prices if hurricanes make their way to shore.

Across most of the country, motorists are forecast to enjoy savings of more than 25 cents per gallon compared to this summer, according to the American Automobile Association, which issued its fall gas price forecast on Thursday.  AAA expects prices this autumn could average $2.40, down from $2.75 around July 4.

The national gas price average has already fallen 15 cents from five weeks ago, and that trend is poised to continue because of seasonal trends like a decrease in demand after Labor Day and the shift to cheaper-to-produce winter-blend gasoline in September...


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MDarringerMDarringer - 8/23/2019 8:15:57 AM
+10 Boost
In Taxifornia, they will probably add a tax if the price goes down.


TomMTomM - 8/23/2019 9:21:09 AM
+6 Boost
There is no worldwide shortage of oil - and with the supplies of two producers supposedly restricted at that - and some of that will get through - competition would reduce prices even further.


CANADIANCOMMENTSCANADIANCOMMENTS - 8/23/2019 9:07:05 PM
-5 Boost
@Tom supposedly the Saudi's are holding back more than they agreed to in the cut. The world is awash in oil and gas prices should be far lower than they are today. As far as the Trump fan club giving him credit for the air you breathe, look at your 401K after all of these 500 point drops in the stock market due to the constant tit for tat trade war stupidity going on. The bull in the China Shop act isn't helping anyone.


skytopskytop - 8/23/2019 4:43:28 PM
+7 Boost
Thanks to the success of Pres. Trump, he has reverse the failures of the stupidy of the anti oil policies of the corrupt Kenyan Turd hussein obamma administration along with the anti American Democrat socialist party. Pres. Trump instituted sensible and highly productive changes that have made the American petroleum industry to locate, develop and produce huge quantity of valuable oil.
Even will the oil embargo on Iran to induce them to stop nuclear bomb development that is funded by the $150 billion cash dollars sent to Iran under cover of darkness by corrupt hussein obamma, America has been able to produce and deliver additional amounts of crude to the oil markets which have stabilize and even moderately reduced costs of oil. The Ameican consumer has greatly benefited by Pres. Trump leadership and skill.


ricks0mericks0me - 8/23/2019 6:27:58 PM
+7 Boost
skytop and Matt: I agree with your comments but brace yourself for the left wing backlash!!!


qwertyfla1qwertyfla1 - 8/24/2019 10:54:55 AM
+8 Boost
Regardless of your political freak flag you can thank Trump for lower gas prices. Hussien was hell bent on making Murica energy dependant on asshole OPEC to make his muslim masters even more wealthier turning a blind eye to the all the human right violations and slavery practises commonly used by cheap, disposable migrant workers in the Saudi oil patch.

By opening back up the US reserves and allowing for new drilling and new fracking techniques, Trump has made the US a net energy exporter and stabilized the market thusly reducing global prices. Contrast this with brain dead Canada and our useless Obama 2.0 wannabe -Mohammed Trudeau whom has made it impossible to build a pipeline in this country so we can export our product at fair market value and refine our own oil. Instead we sell most of bitumen to the US at below wholesale for as little as $10/barrel and yet we bring in over 600K barrels of oil from Saudi Arabia and other asshole terrorist regimes rather than refine our own product and keep this wealth onshore benefitting Canadians.

This fucking idiot and joke of a Prime Minister also allowed ANYBODY to object to any of our pipelines rather than just the real stakeholders -Canadians and so now we have Tides Foundation and other asshole foreign organizations dictating what we can do with our own natural resources. The sheer and utter stupidity but what do you expect when you elect a Liberal government with a Oil trust fund baby (Trudeau) to run a country. Can we please have Trump?


CANADIANCOMMENTSCANADIANCOMMENTS - 8/24/2019 12:50:32 PM
-4 Boost
Sorry to confuse this debate with the FACTS, but the US shale boom started in 2010 and continues to this day with a slight pause due to falling oil prices. Don't let the door hit you on the way out... Data is from the Society of Petroleum Engineers...

https://www.spe.org/en/jpt/jpt-article-detail/?art=5866




MDarringerMDarringer - 8/24/2019 3:37:49 PM
+1 Boost
Democrats despise cheap energy because it slows them down on their quest to turn the USA into Venezuela.


xjug1987axjug1987a - 8/24/2019 3:55:48 PM
+1 Boost
Cheap energy = Freedom and the DemoTrash Party is about control... taking from producers and buying votes with what they confiscate. Keeping a permanent underclass so 'they" can "fight" for you... hows that worked out.. they're liars and greedy losers... Power to take not Power to move is all their about... they're pathetic cowards everyone of them...


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