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Crude oil, retail gasoline prices decline

DAILY SUN -- Crude oil, retail gasoline prices decline

By DAVID R. CORDER, DAILY SUN

THE VILLAGES — Consumer pocketbooks grew a little fatter Thursday at the gasoline pumps.

Crude oil prices plummeted on the New York Mercantile Exchange, fueling speculation that gasoline prices might fall even further than in recent days.

This is more good news for Villages-area residents, who over the past week or so have seen gasoline retailers cut almost a dime off the price of a gallon of unleaded regular.

Some of The Villages retailers posted prices around $2.54 a gallon, about 9 cents off the price they charged about a week ago.

“It’s dropping everywhere,” said Jim Smith, president and chief executive officer of the Tallahassee-based Florida Petroleum Marketers & Convenience Store Association

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Submitted Jul 04, 2009 By: EXTREMESNOW

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Pete12 Champion Author Albany Posts:1,509 Points:662,565 Joined:Nov 2005	Message Posted: Jul 5, 2009 12:31:06 PM Ignore Pete12 Report Abuse New York prices have been dropping steadily fo about 2-3 weeks.
kelsielee Champion Author Atlanta Posts:2,573 Points:492,400 Joined:Sep 2008	Message Posted: Jul 5, 2009 10:20:54 AM Ignore kelsielee Report Abuse We have seen price decreases at my local stations over the past week. I hope they stay there - or drop even more.
milespergallon Champion Author Illinois Posts:4,255 Points:921,005 Joined:Feb 2007	Message Posted: Jul 4, 2009 8:49:08 PM Ignore milespergallon Report Abuse As long as WE C O N S E R V E this will not be a story but reality!
ChiefDrake All-Star Author Dallas Posts:567 Points:172,245 Joined:Aug 2008	Message Posted: Jul 4, 2009 5:18:29 PM Ignore ChiefDrake Report Abuse It's dropping, but not fast enough. I can live with "$20" per barrell as predicted in the previous article.
niceguytx Champion Author Houston Posts:8,077 Points:1,570,600 Joined:Sep 2005	Message Posted: Jul 4, 2009 4:55:07 PM Ignore niceguytx Report Abuse I have seen the price of gas drop a few cents, but hope more is to come soon.
Tucker1961 Sophomore Author Seattle Posts:202 Points:21,125 Joined:Jun 2009	Message Posted: Jul 4, 2009 4:11:04 PM Ignore Tucker1961 Report Abuse where is this guy talking about. You li more than twice it's the truth
Jeepmon All-Star Author San Jose Posts:627 Points:484,020 Joined:Jul 2006	Message Posted: Jul 4, 2009 1:37:08 PM Ignore Jeepmon Report Abuse I've seen the wholesale price drop for what... the last couple of weeks? and my local gas stations have stayed the same...
teafortwo Champion Author Washington Posts:2,245 Points:250,990 Joined:Feb 2009	Message Posted: Jul 4, 2009 1:35:18 PM Ignore teafortwo Report Abuse I am still waiting to see prices drop here. I will gladly take a fill up for $2.54. ?????????? The full article link goes to an article about Independence Day and Veterans. Timely, but not what I was looking for.
purvismike Champion Author Wisconsin Posts:1,495 Points:301,910 Joined:Feb 2008	Message Posted: Jul 4, 2009 1:16:47 PM Ignore purvismike Report Abuse Went up a nickel here3 days after it dropped a dime.
papagreg Champion Author Sacramento Posts:1,527 Points:512,700 Joined:Jan 2008	Message Posted: Jul 4, 2009 1:09:12 PM Ignore papagreg Report Abuse Since Obama was elected, the price of gasoline has increased even while crude dropped from $48 to $34 a barrel. The prices local to me in Sacramento, CA have not decreased at all. However, they have finally stopped increasing.
theduster1 Champion Author Texas Posts:1,411 Points:315,390 Joined:Apr 2008	Message Posted: Jul 4, 2009 1:09:05 PM Ignore theduster1 Report Abuse some pump prices down here others unchanged
Don1222 Champion Author Michigan Posts:5,231 Points:584,680 Joined:Jul 2008	Message Posted: Jul 4, 2009 1:08:50 PM Ignore Don1222 Report Abuse Only temporary. Better fill your tanks. Prices will return.
AJKPA Champion Author Pennsylvania Posts:2,802 Points:417,655 Joined:Oct 2008	Message Posted: Jul 4, 2009 1:07:15 PM Ignore AJKPA Report Abuse takes too long
AJKPA Champion Author Pennsylvania Posts:2,802 Points:417,655 Joined:Oct 2008	Message Posted: Jul 4, 2009 1:07:02 PM Ignore AJKPA Report Abuse and so it should
jwalkerh Champion Author Louisiana Posts:1,411 Points:400,490 Joined:Oct 2008	Message Posted: Jul 4, 2009 1:02:36 PM Ignore jwalkerh Report Abuse The price decreases will be a lot slower than the increases were. Too bad our fatter pocketbooks don't include a major decrease in unemployment and all those businesses reopening.
makalani Champion Author Hawaii Posts:3,205 Points:950,360 Joined:Oct 2005	Message Posted: Jul 4, 2009 1:01:26 PM Ignore makalani Report Abuse Nothing but INflation here - Maui. Up 15 cents on July 1 due to a gas tax holiday ending. So the tax is now in place again and whammo - up 15 cents. Gee thanks legislators.
NavyEOD Champion Author Los Angeles Posts:4,243 Points:881,515 Joined:Jul 2007	Message Posted: Jul 4, 2009 12:56:51 PM Ignore NavyEOD Report Abuse Pump prices unchanged out here.
sjambok Champion Author Nashville Posts:4,439 Points:962,325 Joined:Apr 2006	Message Posted: Jul 4, 2009 12:54:55 PM Ignore sjambok Report Abuse Has dropped about .10 in the last week or so south of Nashville
travelzonecente Champion Author Riverside Posts:1,791 Points:430,845 Joined:Jun 2008	Message Posted: Jul 4, 2009 12:52:58 PM Ignore travelzonecente Report Abuse I dropped the price on Friday. Their should be no change for the weekend, but Monday it might go back up again. ARCO Travel Zone Center
pricechecker08 Champion Author Ohio Posts:3,211 Points:659,490 Joined:Jan 2008	Message Posted: Jul 4, 2009 12:49:44 PM Ignore pricechecker08 Report Abuse Still 75 cents to high.
Plebe2001 Champion Author Philadelphia Posts:1,324 Points:231,820 Joined:Jul 2008	Message Posted: Jul 4, 2009 12:49:28 PM Ignore Plebe2001 Report Abuse Yes our prices have dropped about 10 cents over the past 2 weeks. But we all need to continue to conserve.
HawaiianGuy Champion Author Idaho Posts:3,703 Points:1,936,150 Joined:May 2003	Message Posted: Jul 4, 2009 12:48:10 PM Ignore HawaiianGuy Report Abuse Not so here. The retailers want to soak the tourists on their way to and from Yellowstone and Grand Teton National Parks.
foxups Champion Author Toledo Posts:3,227 Points:640,085 Joined:Feb 2004	Message Posted: Jul 4, 2009 12:44:58 PM Ignore foxups Report Abuse good now we can have a nice summer
C4U Champion Author Salt Lake City Posts:3,344 Points:638,565 Joined:May 2008	Message Posted: Jul 4, 2009 12:40:31 PM Ignore C4U Report Abuse Is that why it just went up another 5 cents yesterday..... Conservation is the best thing we can do. We still need to implement a fast track to alternative fuels and energy to be come energy independent from foreign support, big oil companies and local utilities monopoly.
nemoFL Champion Author Florida Posts:3,214 Points:496,905 Joined:Oct 2008	Message Posted: Jul 4, 2009 12:36:59 PM Ignore nemoFL Report Abuse lower gas hoping
Beboper Champion Author Virginia Posts:2,860 Points:1,006,360 Joined:Oct 2005	Message Posted: Jul 4, 2009 12:34:49 PM Ignore Beboper Report Abuse keep on staying home more
Skyeja All-Star Author New Hampshire Posts:553 Points:406,255 Joined:Sep 2008	Message Posted: Jul 4, 2009 12:33:56 PM Ignore Skyeja Report Abuse Doubtful the speculators will feel so badly that the .48 cents it will take to get under $2 here will happen. They always seem to find the silver lining one way or another.
ach All-Star Author Illinois Posts:654 Points:331,125 Joined:Jun 2008	Message Posted: Jul 4, 2009 12:33:52 PM Ignore ach Report Abuse Prices dropped 2 cents here today, but they went up 14 cents three days ago.
repeater1 Champion Author Kansas Posts:2,552 Points:1,224,510 Joined:Oct 2005	Message Posted: Jul 4, 2009 12:33:03 PM Ignore repeater1 Report Abuse Prices down a little, lets keep conserving.
letmathe Champion Author Chicago Posts:9,210 Points:2,128,675 Joined:May 2001	Message Posted: Jul 4, 2009 12:27:56 PM Ignore letmathe Report Abuse Not much declining going on here.
sgonza98 Champion Author San Antonio Posts:3,482 Points:550,080 Joined:Apr 2004	Message Posted: Jul 4, 2009 12:27:26 PM Ignore sgonza98 Report Abuse Still a lot of gas well above $2.40 here in SA. And I wouldn't be surprised if Houston and Dallas non-attainment gas is cheaper.
esquared Champion Author Oklahoma City Posts:3,218 Points:995,095 Joined:Jan 2006	Message Posted: Jul 4, 2009 12:22:58 PM Ignore esquared Report Abuse Conserve, baby, conserve!
remay Champion Author Houston Posts:1,330 Points:977,625 Joined:May 2006	Message Posted: Jul 4, 2009 12:12:42 PM Ignore remay Report Abuse "... pocketbooks grew a little fatter ..." What kind of statement is that? So are the stations now paying people when they buy gas that makes our wallets fatter? Nothing has EVER made MY wallet fatter when it comes to gas stations!
smoketown Champion Author Cincinnati Posts:2,416 Points:507,690 Joined:Feb 2008	Message Posted: Jul 4, 2009 12:12:36 PM Ignore smoketown Report Abuse STILL .10 HIGHER HERE THAN LAST WEEK....
guyincognitoNY Champion Author New York Posts:2,489 Points:503,160 Joined:Sep 2008	Message Posted: Jul 4, 2009 12:12:12 PM Ignore guyincognitoNY Report Abuse they will go back up soon so fill up now.
OnEmptyMO Champion Author St. Louis Posts:1,581 Points:491,760 Joined:Mar 2008	Message Posted: Jul 4, 2009 12:03:44 PM Ignore OnEmptyMO Report Abuse And who do we thank for this drop in prices?
bluebird1 Champion Author Toronto Posts:9,796 Points:1,966,810 Joined:May 2004	Message Posted: Jul 4, 2009 12:03:41 PM Ignore bluebird1 Report Abuse Here in Canada it rose for our July 1st holiday & only declined yesterday 4 cents/L ( that's a whopping $.18/gal Cdn, largest drop in long time). Gas is still way expensive compared to the US.
PaylessKY Champion Author Kentucky Posts:2,225 Points:486,280 Joined:Oct 2008	Message Posted: Jul 4, 2009 12:00:59 PM Ignore PaylessKY Report Abuse Prices holding steady here.
ftsgt Champion Author Illinois Posts:7,516 Points:1,506,025 Joined:Dec 2004	Message Posted: Jul 4, 2009 11:57:25 AM Ignore ftsgt Report Abuse I dont see how people can say their is no relation.
Chazzy12 Champion Author Massachusetts Posts:1,961 Points:382,430 Joined:Dec 2008	Message Posted: Jul 4, 2009 11:56:07 AM Ignore Chazzy12 Report Abuse Prices are starting to drop around here. Just in time for Devals sales tax increase.
thirstyauto Champion Author Milwaukee Posts:4,619 Points:463,425 Joined:Nov 2008	Message Posted: Jul 4, 2009 11:55:34 AM Ignore thirstyauto Report Abuse It's about time things went our way again.
phurburger Champion Author Atlanta Posts:2,191 Points:458,075 Joined:Oct 2005	Message Posted: Jul 4, 2009 11:53:49 AM Ignore phurburger Report Abuse This article is very disorganized and appears a crude price drop with purported pump price drop. The pump price and the price of crude have had no association with each other for over a year!
thirteen1 Veteran Author Milwaukee Posts:365 Points:135,430 Joined:Jun 2009	Message Posted: Jul 4, 2009 11:50:13 AM Ignore thirteen1 Report Abuse here in Wisconsin we get JACKED on taxes increasing what we should be paying !
dl72 Champion Author Los Angeles Posts:1,543 Points:274,635 Joined:May 2009	Message Posted: Jul 4, 2009 11:49:22 AM Ignore dl72 Report Abuse I gave seen prices drop a bit. The question is will they continue to drop or will they go up.
FPLREP Champion Author Virginia Posts:2,866 Points:1,332,460 Joined:Oct 2005	Message Posted: Jul 4, 2009 11:48:19 AM Ignore FPLREP Report Abuse Burn the speculators!
arvo87 Champion Author New Mexico Posts:2,743 Points:545,925 Joined:Jul 2008	Message Posted: Jul 4, 2009 11:45:56 AM Ignore arvo87 Report Abuse i've seen a slight decline here... It would be nice for it to get around 2.25
jorja13 All-Star Author British Columbia Posts:579 Points:82,610 Joined:Aug 2008	Message Posted: Jul 4, 2009 11:45:30 AM Ignore jorja13 Report Abuse No drop here....we are paying 107.2/litre, or about 3.50/gallon.
majorfall Champion Author New York Posts:9,932 Points:1,999,500 Joined:May 2004	Message Posted: Jul 4, 2009 11:44:54 AM Ignore majorfall Report Abuse NO drop here whatsoever only price fixing is allowed...
Zonk All-Star Author Michigan Posts:859 Points:978,660 Joined:Oct 2005	Message Posted: Jul 4, 2009 11:44:11 AM Ignore Zonk Report Abuse Let's wait till after the 4th. We just went up about 3-5 cents per gallon for the holiday.
hauler43 Champion Author Oakland Posts:4,039 Points:1,682,415 Joined:Sep 2003	Message Posted: Jul 4, 2009 11:42:08 AM Ignore hauler43 Report Abuse Here in Calif. we would love to pay $2.54, cur. around $3.00.