U.S. gasoline prices continue steady rise: survey

[UpInArms]

Source: Reuters via Yahoo!

NEW YORK (Reuters) – U.S. average retail gasoline prices edged up in the past two weeks as oil prices rose and demand increased after motorists' lengthy aversion to sky-rocketing pump prices, according to the latest nationwide Lundberg survey on Sunday.

The average national price for self-serve regular unleaded gasoline was $1.9625 a gallon on March 6, up 1.82 cents per gallon in the past two weeks, according to the survey of gas stations.

The average price has risen about 30 cents from a recent bottom on December 19, but is still $2.15 below the all-time high of $4.1124 a gallon set last July 11. The current gasoline price is also down $1.23 from the same period last year.

<snip>

"Those two conditions are likely to be extended toward the spring season," Lundberg said, adding gasoline prices could climb between 5 and 25 cents in coming weeks.

Read more: http://news.yahoo.com/s/nm/20090308/us_nm/us_energy_gasoline_retail

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$1.79 here (nw Missouri)

[Myrina]

1. $2.05-ish in Central IN ... and I suspect that's only because ...

... we had the Women's NCAA tourney this weekend and the Men's NCAA tourney next weekend.

Gas prices have a way of mysteriously rising whenever there's a large, widely-known sporting event drawing out-of-state visitors to town, and the news media jumps all over it but never seems to be able to figure it out.

Not that I'd ever suggest collusion or price gouging among the local gas stations/franchises (wink, nudge) ...

[Iliyah]

7. here in my area in southern cali

I was so surprised that the gas prices went down, and today, still going down. 2.19 to 2.15 (Shell), Arco is 2.11 to 2.09, and on Rodeo Road & La Cienega it's 2.05.

Some places it's 2.35. I'm somewhat confused.

[Myrina]

9. It was $1.75-ish here until noon Thursday, then jumped to $2.05 almost

... uniformly across the area, as if 'coordinated'.

:tinfoilhat: Jus' sayin ...

[Tyler Generation]

2. Whatever

As long as the speculator motherfuckers are kept in check now. Around $2.00 is what it should be. Affordable but not affordable enough for people to continue wasteful habits.

[LostinVA]

3. Diesel is down about 35 cents over teh last 3-3 1/2 weeks

I have a diesel car. It went down two more cents over this weekend. It has NEVER been under $2.00 since I bought my car almost four years ago. This time last year, I was paying $4.87 a gallon. Thursday, I paid $1.97.

[sarcasmo]

4. Spring Break and Summer is right around the corner.

[JayMusgrove]

5. One way to bring prices down all over the nation and the world

JUST SAY NO to driving,

Take a walk, use a bike, carpool, give up going out for a joy ride, buy groceries in bulk, share 4 pot luck meals with next door neighbors who all go shopping for groceries in one car one time every two weeks. Walk when you can, live without if you can't plan ahead, take the bus, take the train, drive 5mph slower on highways, slow down to avoid breaking, coast in gear downhill, wear a sweater when inside temps are below 68, it all adds up to: reducing gas/oil consumption by 50% a month.

Crying about high energy costs means you are over spending on energy. Find ways around it. Don't make excuses, or demand gas and oil to be under $1.99 a gallon until you have done all of the above.

Then outlaw oil futures contracts beyond 90 days, and demand we outlaw oil speculation and allow only 1% Profit from anyone buying 90 day contracts, that's equal to 4% a year,which is better than a savings account. We can control this, but it takes 70% of America doing their best to conserve, and the other 30% are Republicans who just don't get it.

[santamargarita]

6. Greed never sleeps!

:mad:

[Iliyah]

8. is that what it is

People doubling up in cars and of course, unfortunately, the job loses may have a alot to do with gas prices going down. With very little money to spare, a lot of people just can't afford things that they could afford before.

But the GOP keep pushing that the rich needs more tax breaks.

[williesgirl]

10. We need to pass laws taxing their obscene windfall profits NOW. rec'd

[baldguy]

11. When an addict needs a fix, the dealer can charge anything he wants

And the addict WILL PAY ANYTHING TO GET IT!

Hence, the Bush Regime was installed, we were allowed to be attacked, Iraq was invaded, the stock market crashed, and we're mortgaging our children's future to pour the burnt refuse of someone else's oil into our lungs.

[Skink]

12. Let's see if they can push us to the brink again this summer.

with credit lines being shut down it can be hard to buy gas.

[NOW tense]

13. I heard on NPR that it was from increases in driving.

I call B.S. we have a record unemployment rate. I don't think that everyone that is unemployed is randomly driving around all day.

[RantinRavin]

14. Not everyone

But a lot of people that use dto drive 20 miles a day for work are now driving 50 miles a day looking for work.

[gratuitous]

15. Meanwhile, we have an oil glut

Story this very morning in the daily fishwrap, a reprint of a story I first saw here on DU:

http://www.oregonlive.com/business/oregonian/index.ssf?/base/business/1236407106310160.xml&coll=7

NEW YORK -- Supertankers that once raced around the world to satisfy an unquenchable thirst for oil are now parked offshore, fully loaded, their crews killing time. In the United States, vast storage farms for oil are almost out of room.

As demand for crude has plummeted, the world suddenly finds itself awash in oil that has nowhere to go.

It's been less than a year since oil prices hit record highs. But now producers and traders are struggling with the new reality: The world wants less oil, not more. And turning off the spigot is about as easy as turning around one of those tankers.

And yet the price rises? Did George Dubya sign an executive order repealing the law of supply and demand?