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Cali: Light at the end of the tunnel

GasBuddy Blog -- Today's been busy. Swamped. Everyone wants to know everything about California gas prices. If that wasn't enough, the Great Lakes region saw its own price hike today, completely unrelated to the situation in Cali. For simplicity, we'll only talk about California here, because of their all time record high prices.

Good news: there's light at the end of the tunnel. No, it won't come as fast as I, or anyone else wants it. But it is coming. Today, gasoline spot prices fell considerably. That's an excellent sign. The caveat is that it may take a few days for stations to start lowering their prices because they aren't yet buying the cheaper gasoline.

For Californians, I expect perhaps 24-72 hours more of rising prices, although...

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Submitted Oct 05, 2012 By: PD

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indyjim Champion Author Indianapolis Posts:10,101 Points:2,320,405 Joined:Jul 2006	Message Posted: Nov 12, 2012 8:18:03 AM Ignore indyjim Report Abuse Prices are too high everywhere.
Vette1967 Champion Author Albany Posts:5,972 Points:1,276,975 Joined:Jun 2009	Message Posted: Nov 12, 2012 1:10:20 AM Ignore Vette1967 Report Abuse okay.
Donatelo Champion Author Dayton Posts:1,124 Points:293,545 Joined:Apr 2011	Message Posted: Nov 10, 2012 11:12:58 AM Ignore Donatelo Report Abuse ok
clpassenubye Champion Author Los Angeles Posts:3,359 Points:755,230 Joined:Mar 2011	Message Posted: Nov 10, 2012 11:04:04 AM Ignore clpassenubye Report Abuse There's a light at the end of the tunnel alright its another oncoming train.
TOOMUCH Sophomore Author Toronto Posts:187 Points:19,270 Joined:Jul 2003	Message Posted: Nov 10, 2012 7:31:12 AM Ignore TOOMUCH Report Abuse Same problem
paulweb All-Star Author Ohio Posts:806 Points:355,670 Joined:May 2011	Message Posted: Nov 10, 2012 6:52:23 AM Ignore paulweb Report Abuse Yet the CA voters approved a huge tax increase (Prop 30) on themselves. So glad I don't live there.
99dakota Champion Author Providence Posts:8,117 Points:2,173,975 Joined:Oct 2006	Message Posted: Nov 10, 2012 5:10:17 AM Ignore 99dakota Report Abuse They voted for the fools that made these crazy rules. Now they have to live with them...
REKEY Champion Author South Carolina Posts:8,579 Points:1,699,415 Joined:May 2008	Message Posted: Nov 8, 2012 5:05:07 PM Ignore REKEY Report Abuse Train?
dcone2 All-Star Author Los Angeles Posts:924 Points:85,610 Joined:Jul 2012	Message Posted: Oct 16, 2012 5:36:11 PM Ignore dcone2 Report Abuse ok
gasokie Champion Author Oklahoma Posts:3,448 Points:1,326,225 Joined:May 2007	Message Posted: Oct 16, 2012 9:24:23 AM Ignore gasokie Report Abuse This will probably wipe out another bunch of "Mom and Pop" stations. If you buy $35,000 worth of gas and the next day or two it takes a big drop you may not be able to just sit on it. If the guy on the other corner has it a dime cheaper you're screwed. If you meet his price you're screwed. If you have enough money in the bank to cover it you need to retire while you still have money.
dcone2 All-Star Author Los Angeles Posts:924 Points:85,610 Joined:Jul 2012	Message Posted: Oct 15, 2012 6:28:08 PM Ignore dcone2 Report Abuse ok
honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: Oct 15, 2012 4:40:32 AM Ignore honda0105 Report Abuse I can see where northern states need a different blend for the colder months... though there are too many restrictions in CA overall.
txrojo2005 All-Star Author Austin Posts:767 Points:480,475 Joined:May 2011	Message Posted: Oct 14, 2012 9:29:54 AM Ignore txrojo2005 Report Abuse Go to a single blend nationwide. This is what too many regulations get you.
honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: Oct 14, 2012 7:11:49 AM Ignore honda0105 Report Abuse gocart: always been that way.
GasPriceHelp4u Champion Author Dayton Posts:2,692 Points:569,775 Joined:Jul 2008	Message Posted: Oct 14, 2012 7:05:55 AM Ignore GasPriceHelp4u Report Abuse That's really pathetic to charge that much for gas in CA!!!
GocartMozart Champion Author Los Angeles Posts:3,857 Points:1,304,865 Joined:Aug 2005	Message Posted: Oct 14, 2012 2:23:59 AM Ignore GocartMozart Report Abuse Sep 28: $4.13 - Price in CA 7 days before this post Oct. 2: $4.22 - Price in CA 3 days before this post Oct. 5: $4.62 - Price in CA at time of this GB Blog post Oct. 8: $4.66 - Price in CA 3 days after this post Oct 12: $4.60 - Price in CA 7 days after this post Dime it up; penny it down.
garywa01 Sophomore Author Alberta Posts:130 Points:380,665 Joined:Jan 2012	Message Posted: Oct 14, 2012 12:14:07 AM Ignore garywa01 Report Abuse not good
honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: Oct 13, 2012 7:28:41 AM Ignore honda0105 Report Abuse you're in CA...
Karisholman Veteran Author Nevada Posts:281 Points:170,260 Joined:Oct 2012	Message Posted: Oct 13, 2012 3:20:16 AM Ignore Karisholman Report Abuse Thank goodness it will come down, but why is it just as high on the Nevada border?
clpassenubye Champion Author Los Angeles Posts:3,359 Points:755,230 Joined:Mar 2011	Message Posted: Oct 12, 2012 3:20:14 PM Ignore clpassenubye Report Abuse I haven't seen the light yet
swbirder Rookie Author California Posts:23 Points:168,835 Joined:Aug 2012	Message Posted: Oct 12, 2012 9:19:28 AM Ignore swbirder Report Abuse What are the odds in Vegas that gas prices will come down to what they were two weeks ago? Right.
honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: Oct 12, 2012 4:43:30 AM Ignore honda0105 Report Abuse the light at the end of the tunnel is more like Pig Oil burning down (or letting it burn down?) another refinery.
GasHunter0007 Veteran Author California Posts:289 Points:169,125 Joined:Oct 2012	Message Posted: Oct 10, 2012 7:24:09 PM Ignore GasHunter0007 Report Abuse There's no stopping this price hike. Tighten supply and demands go up along with $$$$, kaching, kaching....(who's pocket does it go to??? Follow the money....)
Ray_10589 Champion Author New York Posts:4,951 Points:1,183,960 Joined:May 2009	Message Posted: Oct 8, 2012 9:40:50 PM Ignore Ray_10589 Report Abuse freight train...
DesertRat2011 Champion Author Riverside Posts:3,623 Points:486,780 Joined:Jun 2011	Message Posted: Oct 8, 2012 3:34:32 PM Ignore DesertRat2011 Report Abuse Long tunnel & very dim light!
clpassenubye Champion Author Los Angeles Posts:3,359 Points:755,230 Joined:Mar 2011	Message Posted: Oct 8, 2012 11:16:52 AM Ignore clpassenubye Report Abuse hurry light
tomok Champion Author Portland Posts:33,047 Points:2,346,485 Joined:Aug 2006	Message Posted: Oct 8, 2012 11:10:00 AM Ignore tomok Report Abuse Cali: Light at the end of the tunnel? How bright is the light, how long is the tunnel and what's at the other end? Cali will always have high prices because of their special fuel blends. Big Oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. 'Coming out of the closet' Fred's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the jobs are Not here. Fred's economy is not improving but continues to hurt the population and the job numbers continue to be down – no matter how smoooooth talking Fred spins those numbers! People will still drive and buy fuel no matter what but it sure helps to have a job! The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their personal benefit. How much will gas prices go up and they will rise, the trend is always up with fuel prices. The price at the pump needs to go down to $2/gallon, $3, $3.50/gallon or $4.00 is Not the new low! Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! XII/XXII/MMXII!
txrojo2005 All-Star Author Austin Posts:767 Points:480,475 Joined:May 2011	Message Posted: Oct 8, 2012 10:15:00 AM Ignore txrojo2005 Report Abuse I agree with HawaiianGuy.
HawaiianGuy Champion Author Idaho Posts:9,533 Points:3,080,675 Joined:May 2003	Message Posted: Oct 8, 2012 9:44:10 AM Ignore HawaiianGuy Report Abuse Bad news for Californians. That so-called "light" at the end of the tunnel? It's a TRAIN.
ramman2012 Champion Author Edmonton Posts:2,318 Points:495,810 Joined:May 2011	Message Posted: Oct 8, 2012 9:17:43 AM Ignore ramman2012 Report Abuse ok
DLCAN Champion Author Toronto Posts:1,788 Points:871,595 Joined:May 2005	Message Posted: Oct 8, 2012 8:12:41 AM Ignore DLCAN Report Abuse hope the good news spread to the rest of the NA.
TCon313 All-Star Author New York Posts:611 Points:587,840 Joined:Mar 2011	Message Posted: Oct 8, 2012 7:58:44 AM Ignore TCon313 Report Abuse Yikes!!!
Ron77095 Champion Author Houston Posts:3,065 Points:603,650 Joined:Sep 2011	Message Posted: Oct 8, 2012 7:36:00 AM Ignore Ron77095 Report Abuse Ok.
Badmoon Champion Author Massachusetts Posts:8,313 Points:1,652,465 Joined:Oct 2008	Message Posted: Oct 8, 2012 7:35:57 AM Ignore Badmoon Report Abuse More old news.
Dailyrun Champion Author Kentucky Posts:1,987 Points:389,815 Joined:Apr 2012	Message Posted: Oct 8, 2012 7:35:24 AM Ignore Dailyrun Report Abuse so the greed is going away? sure!
prius22 Champion Author Twin Cities Posts:2,219 Points:389,285 Joined:Apr 2012	Message Posted: Oct 8, 2012 7:34:40 AM Ignore prius22 Report Abuse It'll still be high for a while.
red82mtu Champion Author Michigan Posts:1,942 Points:790,150 Joined:Jul 2005	Message Posted: Oct 8, 2012 7:34:38 AM Ignore red82mtu Report Abuse I have no sympathy.
JWHITE1937 Champion Author Massachusetts Posts:2,529 Points:997,980 Joined:Aug 2006	Message Posted: Oct 8, 2012 7:34:20 AM Ignore JWHITE1937 Report Abuse OIL LAMP
HelenT Champion Author Buffalo Posts:2,959 Points:599,125 Joined:Apr 2004	Message Posted: Oct 8, 2012 7:33:05 AM Ignore HelenT Report Abuse old
RangerBob58 Champion Author Dayton Posts:3,122 Points:663,725 Joined:Apr 2011	Message Posted: Oct 8, 2012 7:32:47 AM Ignore RangerBob58 Report Abuse OK
Jebeahm Champion Author Maryland Posts:1,252 Points:459,280 Joined:Mar 2011	Message Posted: Oct 8, 2012 7:32:29 AM Ignore Jebeahm Report Abuse old news
DrZNY Champion Author Albany Posts:2,564 Points:823,510 Joined:Jan 2009	Message Posted: Oct 8, 2012 7:31:45 AM Ignore DrZNY Report Abuse Come on, this is three days old!
rockymountman Champion Author Roanoke Posts:1,969 Points:403,610 Joined:Jul 2011	Message Posted: Oct 8, 2012 7:31:26 AM Ignore rockymountman Report Abuse ok
ace07 Champion Author Utah Posts:2,457 Points:663,675 Joined:Sep 2007	Message Posted: Oct 8, 2012 7:30:23 AM Ignore ace07 Report Abuse old
GasholeMI Champion Author Lansing Posts:10,144 Points:1,719,265 Joined:Jul 2008	Message Posted: Oct 8, 2012 7:29:59 AM Ignore GasholeMI Report Abuse Me too, deja vu.
91Hilux Champion Author New Haven Posts:2,172 Points:682,670 Joined:Aug 2007	Message Posted: Oct 8, 2012 7:28:51 AM Ignore 91Hilux Report Abuse I have the strangest feeling of deja vu.
Tiernan Champion Author Chicago Posts:3,485 Points:820,800 Joined:Sep 2005	Message Posted: Oct 8, 2012 7:28:31 AM Ignore Tiernan Report Abuse Day #2. Still painful.
BCM1 Champion Author Pennsylvania Posts:1,864 Points:782,995 Joined:Jun 2007	Message Posted: Oct 8, 2012 7:27:38 AM Ignore BCM1 Report Abuse You have to feel for the Californians, but they did it to themselves. They let their government go way beyond its bounds and now they pay for it. [Edited by: BCM1 at 10/8/2012 8:28:06 AM EST]
oas Champion Author Maryland Posts:4,235 Points:2,142,390 Joined:Feb 2005	Message Posted: Oct 8, 2012 7:27:09 AM Ignore oas Report Abuse Some really old news.
njerald Champion Author Seattle Posts:7,834 Points:1,625,025 Joined:Oct 2007	Message Posted: Oct 8, 2012 7:27:05 AM Ignore njerald Report Abuse This article is pure......baloney.