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PD Moderator	Message Posted: May 13, 2010 12:30:17 PM Ignore PD Report Abuse How good is your memory? Let's try it out. Write down what you think you remember prices being in May for 2006-2009. May is typically a volatile month that can bring rapid price swings as refiners and retailers switch fuel types each year. May 31, 2010: Forecast: $2.795 (-0.105) May 1, 2010: $2.900 May 31, 2009: $2.492 (+.0.438) May 1, 2009: $2.054 May 31, 2008: $3.972 (+0.351) May 1, 2008: $3.619 May 31, 2007: $3.174 (+0.182) May 1, 2007: $2.992 May 31, 2006: $2.846 (-0.038) May 1, 2006: $2.884 May 31, 2005: $2.076 (-0.134) May 1, 2005: $2.210 If the new Memorial Day forecast stays on target, May of 2010 will see the biggest decrease... Visit GasBuddy Blog for full article

Moderator

Message Posted: May 13, 2010 12:30:17 PM

Ignore PD Report Abuse

How good is your memory? Let's try it out. Write down what you think you remember prices being in May for 2006-2009. May is typically a volatile month that can bring rapid price swings as refiners and retailers switch fuel types each year.

May 31, 2010: Forecast: $2.795 (-0.105)
May 1, 2010: $2.900

May 31, 2009: $2.492 (+.0.438)
May 1, 2009: $2.054

May 31, 2008: $3.972 (+0.351)
May 1, 2008: $3.619

May 31, 2007: $3.174 (+0.182)
May 1, 2007: $2.992

May 31, 2006: $2.846 (-0.038)
May 1, 2006: $2.884

May 31, 2005: $2.076 (-0.134)
May 1, 2005: $2.210

If the new Memorial Day forecast stays on target, May of 2010 will see the biggest decrease...

Visit GasBuddy Blog for full article

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kretty01 Rookie Author Twin Cities Posts:34 Points:61,920 Joined:Apr 2008	Message Posted: May 20, 2010 10:59:55 PM Ignore kretty01 Report Abuse Thank goodness; I hope the trend continues.
Daddybud Champion Author North Carolina Posts:6,270 Points:1,360,780 Joined:May 2009	Message Posted: May 18, 2010 5:32:06 PM Ignore Daddybud Report Abuse I kept a log and know the prices went up and down in May.
honda0105 Champion Author Tallahassee Posts:18,580 Points:1,605,520 Joined:Nov 2008	Message Posted: May 17, 2010 6:00:36 AM Ignore honda0105 Report Abuse we know that the prices will be probably approaching 2008 if Pig Oil has ANY say in the matter. And since they have a monopoly, they DO have a say.
Army2310 Rookie Author Arizona Posts:56 Points:1,161,150 Joined:Nov 2008	Message Posted: May 16, 2010 12:37:29 PM Ignore Army2310 Report Abuse Good informative article.
honda0105 Champion Author Tallahassee Posts:18,580 Points:1,605,520 Joined:Nov 2008	Message Posted: May 15, 2010 5:51:34 AM Ignore honda0105 Report Abuse so, with one of the worst predictions for summer hurricane season, does that mean, we'll see 2008 prices again?
Blue48 Champion Author Illinois Posts:7,285 Points:1,633,945 Joined:Feb 2007	Message Posted: May 14, 2010 11:16:39 PM Ignore Blue48 Report Abuse WE SHALL SEE!
albert2008 Champion Author Winnipeg Posts:7,327 Points:1,476,035 Joined:Sep 2008	Message Posted: May 14, 2010 8:59:21 AM Ignore albert2008 Report Abuse maybe heres hoping
abuck Champion Author Pittsburgh Posts:8,559 Points:1,524,050 Joined:Jul 2008	Message Posted: May 14, 2010 8:30:39 AM Ignore abuck Report Abuse Can we get say 1998 or 1999 prices back?
MUSTANGSRUS Champion Author Ontario Posts:7,558 Points:1,544,315 Joined:Sep 2006	Message Posted: May 14, 2010 8:03:54 AM Ignore MUSTANGSRUS Report Abuse I like some of those prices. Where we live in Ontario, Canada, we buy in litres and if convert that price into an American gallon, it works out to $3.90-$4.00 a gallon. So, we do pay a lot more than Americans. I only hope that falling prices are realized in the near future.
LetItSnow Champion Author Hartford Posts:3,661 Points:971,210 Joined:May 2004	Message Posted: May 14, 2010 8:02:47 AM Ignore LetItSnow Report Abuse I would like to see the price drop.
FuelBarge Champion Author Long Island Posts:9,180 Points:2,072,290 Joined:Aug 2005	Message Posted: May 14, 2010 7:59:51 AM Ignore FuelBarge Report Abuse I remember 2006 was the first time we cracked the $3/gallon mark. My youngest niece and nephew were both born on May 18, 2006 and I noted at the time that gasoline hit record highs. Then came May 2008 and $4/gallon gas...
netman044 Champion Author Texas Posts:6,848 Points:1,286,775 Joined:Sep 2005	Message Posted: May 14, 2010 7:42:38 AM Ignore netman044 Report Abuse This year has seen the market react to the normal spring increase already. Gas is going down not up as it normally does.
dbatw Champion Author St. Louis Posts:1,686 Points:341,165 Joined:Apr 2009	Message Posted: May 14, 2010 7:38:52 AM Ignore dbatw Report Abuse I am "poised" to completely ignor this stupid numbers speculation. How about some facts for a change?
pgerassi Champion Author Milwaukee Posts:10,876 Points:2,127,605 Joined:Apr 2007	Message Posted: May 14, 2010 7:38:05 AM Ignore pgerassi Report Abuse This year will see a drop.
olcowboy14 Champion Author Spokane Posts:8,050 Points:1,118,900 Joined:Jul 2007	Message Posted: May 14, 2010 7:34:57 AM Ignore olcowboy14 Report Abuse This must be nation wide pricing, I use the Gas Buddy fuel log and don't see much resemblance. Some are higher and some lower.
rocket_ron Champion Author Grand Rapids Posts:6,266 Points:1,982,495 Joined:Jul 2006	Message Posted: May 14, 2010 7:33:22 AM Ignore rocket_ron Report Abuse You can't go by trends of the past. Any natural or geopolitical event will fuel the speculation frenzy!
MightyDude Champion Author Minnesota Posts:10,329 Points:2,643,995 Joined:Mar 2003	Message Posted: May 14, 2010 7:32:30 AM Ignore MightyDude Report Abuse hope you are right -may the force be with you!
JCUBE Champion Author Michigan Posts:8,549 Points:1,911,220 Joined:Aug 2003	Message Posted: May 14, 2010 7:31:45 AM Ignore JCUBE Report Abuse Don't Give Dork the Orc and the rest of the Village Idiots at Ashland Oil any more ideas....Greedway is living up to it's name...Then take along Marathon, then BP Shell and the rest...They've gotten rich enough, and Congress has gotten their share, just like the big bail banks back to their line of crap, and filling Congress's pockets there too. [Edited by: JCUBE at 5/14/2010 7:32:09 AM EST]
WonderfulMI Champion Author Michigan Posts:11,628 Points:1,782,950 Joined:Jun 2008	Message Posted: May 14, 2010 7:31:22 AM Ignore WonderfulMI Report Abuse I looks as good now as it did in '06, and better than in '07 & '08.
no_monkey2002 Champion Author Tallahassee Posts:8,400 Points:2,067,175 Joined:Mar 2006	Message Posted: May 14, 2010 7:27:46 AM Ignore no_monkey2002 Report Abuse +R+ we speculators
Rick01 Champion Author Utah Posts:8,992 Points:2,357,600 Joined:Sep 2005	Message Posted: May 14, 2010 7:27:17 AM Ignore Rick01 Report Abuse Won't happen, Retailer's are as greedy as the rest.
amerk73 Champion Author Dallas Posts:7,026 Points:1,617,000 Joined:Oct 2008	Message Posted: May 14, 2010 7:25:02 AM Ignore amerk73 Report Abuse THE RIGHT PRICE $1.89
TommyTraveler Champion Author Cincinnati Posts:8,659 Points:1,694,305 Joined:Nov 2007	Message Posted: May 14, 2010 7:24:29 AM Ignore TommyTraveler Report Abuse Hope they are right.
turbosaab Champion Author Cleveland Posts:19,009 Points:2,339,220 Joined:Sep 2006	Message Posted: May 14, 2010 7:24:05 AM Ignore turbosaab Report Abuse Past performance may not indicate future performance.
rosyLI Champion Author Long Island Posts:5,615 Points:1,064,605 Joined:Apr 2010	Message Posted: May 14, 2010 7:23:56 AM Ignore rosyLI Report Abuse Still hard to believe.
Tundralimited2009 Champion Author Dallas Posts:38,812 Points:1,447,425 Joined:Feb 2009	Message Posted: May 14, 2010 7:20:38 AM Ignore Tundralimited2009 Report Abuse Time will tell.
SpruceGuse2 Champion Author Michigan Posts:9,714 Points:2,450,685 Joined:Mar 2006	Message Posted: May 14, 2010 7:20:35 AM Ignore SpruceGuse2 Report Abuse And?????????????????????
jppezz Champion Author New Mexico Posts:8,571 Points:1,688,560 Joined:Jun 2008	Message Posted: May 14, 2010 7:20:05 AM Ignore jppezz Report Abuse Prices rise at the whim of the oil companies and the speculators.The oil companies love speculators because it gives them a reason to raise prices.
minnesotagirl Champion Author Milwaukee Posts:5,843 Points:1,226,940 Joined:Oct 2009	Message Posted: May 14, 2010 7:18:33 AM Ignore minnesotagirl Report Abuse The forecast may be correct, but I will wait to see what really happens.
dunebuggy1 All-Star Author British Columbia Posts:609 Points:75,015 Joined:Mar 2010	Message Posted: May 14, 2010 7:18:11 AM Ignore dunebuggy1 Report Abuse Five hundred dollars in gas to drive from Nashville,Tennesee to San Antonio,Texas in 2008. Wonder about what is in the cost of a gallon of gasoline. Alastax(the Lost frontier) has the lowest Tax Total on a gallon of gas....Guess who has the highest prices. We Alaskans must be among the most gullable in the known Universe. Congress has hearings when the Big Oil makes a buck, but never once was it reported how much money the Federal Pockets steal. The public bears the tax burden of welfare bailouts for the failures of Integrity in business, simultainiously paying more to drive to work to get taxed more. Tax Tax Tax, call your representatives and tell them who's money it is, remembering the number one powerplay is YOU keep paying to keep the power brokers in YOUR pay. Don't pay them and they have no power. Of course we're happy to have the Lake Otis/ Tudor Intersection torn up every four years. Remember when the idiots put a taxpayers traffic light at Folker only to tear it out because it backed up Tudor even worse. Next time fire the idiot and put them in the unemployment line. Keep laying there for them and your going to walk funny the rest of your life.
CSharpGuy Champion Author Colorado Springs Posts:9,452 Points:1,894,385 Joined:Jan 2008	Message Posted: May 14, 2010 7:17:09 AM Ignore CSharpGuy Report Abuse So prices rise just because of history?
jimraehl Champion Author Utah Posts:7,044 Points:1,632,590 Joined:Sep 2008	Message Posted: May 14, 2010 7:16:49 AM Ignore jimraehl Report Abuse I hope we see the decrease.
TheSnowstorm Champion Author Montreal Posts:8,609 Points:1,910,230 Joined:June 2005	Message Posted: May 14, 2010 7:15:53 AM Ignore TheSnowstorm Report Abuse Any excuse is good, switching fuel types; driving season coming up. What does it matter? As long as there is no competition, or readily available alternatives, we will remain hostage to the whims of the oil/gas industry.
Valricoslash Champion Author Tampa Posts:6,669 Points:1,348,250 Joined:Nov 2008	Message Posted: May 14, 2010 7:14:55 AM Ignore Valricoslash Report Abuse My bet is the prices will go up before Memorial day, even if the price of crude continues to fall , inventories remain high, and wholesale prices drop. Why? Because they can do it and we have no choice but to bite the bullet.
Bou Champion Author Maine Posts:12,186 Points:2,663,365 Joined:Jan 2005	Message Posted: May 14, 2010 7:14:05 AM Ignore Bou Report Abuse Let's see the prices drop now.
Don1222 Champion Author Michigan Posts:7,802 Points:1,089,855 Joined:Jul 2008	Message Posted: May 14, 2010 7:13:44 AM Ignore Don1222 Report Abuse Support alternative fuels. Hydrogen fuel cells.
ky_commuter75 Champion Author Cincinnati Posts:6,871 Points:1,813,565 Joined:Jul 2005	Message Posted: May 14, 2010 7:11:47 AM Ignore ky_commuter75 Report Abuse it would have been nice to see what the barrel was selling at that time.
AvantiMick Champion Author Indiana Posts:12,722 Points:2,538,545 Joined:Dec 2005	Message Posted: May 14, 2010 7:10:44 AM Ignore AvantiMick Report Abuse Why would we want to remember the oil company gouge!?
Beau2140 Champion Author New York Posts:8,276 Points:1,653,160 Joined:Oct 2008	Message Posted: May 14, 2010 7:10:44 AM Ignore Beau2140 Report Abuse Seeing is believing.
tankneverfull Champion Author Charlotte Posts:6,463 Points:1,370,570 Joined:Apr 2008	Message Posted: May 14, 2010 7:05:59 AM Ignore tankneverfull Report Abuse If it doesn't last who really cares?
fightbigoil71 Champion Author Milwaukee Posts:7,542 Points:1,540,905 Joined:Nov 2008	Message Posted: May 14, 2010 7:04:52 AM Ignore fightbigoil71 Report Abuse A drop would be fine, but this is a prediction. I will wait.
GasReports Sophomore Author Dayton Posts:135 Points:588,260 Joined:Jan 2010	Message Posted: May 14, 2010 7:03:11 AM Ignore GasReports Report Abuse Predictions are fun (sometimes anyway) but we'll continue to buy gas anyway whether prices go up or down. Let's hope there's a drop in our future but your best savings will be gained from conservation and properly maintained vehicles.
9C1 Champion Author Chicago Posts:22,838 Points:4,241,835 Joined:Jul 2001	Message Posted: May 14, 2010 7:01:21 AM Ignore 9C1 Report Abuse More speculation.
LuckyD43 Champion Author Long Island Posts:31,950 Points:2,163,095 Joined:Apr 2005	Message Posted: May 14, 2010 7:01:15 AM Ignore LuckyD43 Report Abuse I sure hope your right.
hwnguy Champion Author Honolulu Posts:3,843 Points:1,383,975 Joined:Apr 2008	Message Posted: May 14, 2010 7:00:38 AM Ignore hwnguy Report Abuse Doesn't matter to me.
bladecutter Champion Author Houston Posts:4,836 Points:980,075 Joined:Nov 2009	Message Posted: May 14, 2010 6:59:00 AM Ignore bladecutter Report Abuse I hope it comes true
fillerupyeoww Champion Author Columbus Posts:5,859 Points:1,645,440 Joined:Mar 2008	Message Posted: May 14, 2010 6:57:56 AM Ignore fillerupyeoww Report Abuse We can hope..
ILVET Champion Author Illinois Posts:14,774 Points:2,921,615 Joined:Jan 2005	Message Posted: May 14, 2010 6:55:20 AM Ignore ILVET Report Abuse Talk is cheap
TerryLee Champion Author Ohio Posts:14,600 Points:2,790,150 Joined:Mar 2004	Message Posted: May 14, 2010 6:51:27 AM Ignore TerryLee Report Abuse who really care about 2005,, I care about 2010
moody4u Champion Author Cincinnati Posts:3,847 Points:767,245 Joined:Oct 2008	Message Posted: May 14, 2010 6:50:39 AM Ignore moody4u Report Abuse May flowers !