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Gasoline prices expected to fall to $3.25 a gallon before holiday

TribLive -- If you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to about $3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon.

Retail gasoline prices dropped by a penny to a national average of $3.71 per gallon on Friday. That's 22 cents less than the high of $3.94 per gallon reached in early April. Lower oil prices are the main reason. Weaker demand is also helping reduce prices, as consumers watch their spending in the sluggish economic recovery.

Motorists on the West Coast, in Illinois and New York pay the most for gas -- from $3.83 per gallon to $4.54 per gallon -- according to AAA, Wright Express and the Oil Price Information Service. The lowest prices, ...

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Submitted May 20, 2012 By: aservant

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danny999 Champion Author Florida Posts:8,728 Points:1,640,035 Joined:Oct 2008	Message Posted: May 28, 2012 7:14:00 AM Ignore danny999 Report Abuse Dream on.
honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: May 28, 2012 5:58:00 AM Ignore honda0105 Report Abuse it's Memorial Day now and prices are still around 3.40. So predictions were wrong at least for this area.
honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: May 23, 2012 7:33:00 AM Ignore honda0105 Report Abuse tomok: I agree, Pig Oil won't let the price drop so low that they don't make still huge profits.
honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: May 23, 2012 7:32:19 AM Ignore honda0105 Report Abuse I won't hold my breath. Regular has dropped around here, but diesel has stubbornly stayed. The gap (previously 25-30 cents) has now widened to over 50 cents at some stations.
sparky808 Champion Author Honolulu Posts:3,008 Points:599,685 Joined:Sep 2011	Message Posted: May 21, 2012 12:25:42 PM Ignore sparky808 Report Abuse Thank you for posting.
dadown Champion Author Tulsa Posts:1,275 Points:459,630 Joined:Jul 2008	Message Posted: May 21, 2012 11:18:13 AM Ignore dadown Report Abuse Its already $3.25 in Tulsa.
remay Champion Author Houston Posts:6,973 Points:2,118,590 Joined:May 2006	Message Posted: May 21, 2012 7:32:53 AM Ignore remay Report Abuse We'll see!
tomok Champion Author Portland Posts:33,047 Points:2,346,485 Joined:Aug 2006	Message Posted: May 21, 2012 2:07:05 AM Ignore tomok Report Abuse Big oil will keep the price of fuel at the pump where they want it to be. $3.25/gallon or less before the holiday is like a dream that will not come true. Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible! The price of fuel at the pump is too high! 12/22/2012!
joel27nc Champion Author Raleigh Posts:10,542 Points:1,859,345 Joined:Mar 2008	Message Posted: May 20, 2012 11:36:40 PM Ignore joel27nc Report Abuse Good for them.
RBob Champion Author Portland Posts:3,379 Points:2,348,850 Joined:May 2004	Message Posted: May 20, 2012 11:23:26 PM Ignore RBob Report Abuse Just read a posting that said Obama made Bush (and Cheney?) do it...
ShadowACE Champion Author Boston Posts:9,023 Points:2,150,550 Joined:Jun 2006	Message Posted: May 20, 2012 11:20:34 PM Ignore ShadowACE Report Abuse That will be very nice. I'll have lots of company sharing the highways for my Memorial Day week trip. I expect to do about 1500 miles over the holiday, but I'm sure the traffic will be pretty light....yeah, sure it will!
cmsense Champion Author Columbus Posts:1,358 Points:165,345 Joined:Jan 2012	Message Posted: May 20, 2012 11:15:56 PM Ignore cmsense Report Abuse It's all Obama's fault, whether it's too high or low. LMAO!!!!
rxman1 Champion Author Toledo Posts:9,552 Points:1,862,870 Joined:Nov 2007	Message Posted: May 20, 2012 11:15:30 PM Ignore rxman1 Report Abuse Gas prices should be much lower.
Is246 Champion Author Albuquerque Posts:1,017 Points:428,545 Joined:Apr 2011	Message Posted: May 20, 2012 11:12:37 PM Ignore Is246 Report Abuse That price is still not low enough.
GallowayB All-Star Author Ohio Posts:517 Points:476,945 Joined:Jul 2007	Message Posted: May 20, 2012 11:12:19 PM Ignore GallowayB Report Abuse $3.25 sounds like a bargin. Thank you Mr. Obama.
crreed1 Champion Author West Virginia Posts:1,990 Points:2,527,310 Joined:May 2005	Message Posted: May 20, 2012 11:12:17 PM Ignore crreed1 Report Abuse 3.75 & 3.79 here
billk44077 Champion Author Cleveland Posts:3,182 Points:632,530 Joined:Aug 2011	Message Posted: May 20, 2012 11:12:12 PM Ignore billk44077 Report Abuse ok
yakstar Champion Author Montreal Posts:2,425 Points:480,620 Joined:Jan 2012	Message Posted: May 20, 2012 11:10:48 PM Ignore yakstar Report Abuse lets get back to about 10 cents a gallon and watch the economy take off...
raymel1 Champion Author Indiana Posts:16,397 Points:3,200,080 Joined:Feb 2004	Message Posted: May 20, 2012 11:10:39 PM Ignore raymel1 Report Abuse as if $3.25 was a good price. Puhhleeeeeaaaaasssssseeeeeeeeeee. Let me know when its at $1.50 a gallon where it SHOULD BE. .99cent a gallon gas will NOT save Jimmy Carter II come November.
Zonk Champion Author Michigan Posts:6,486 Points:2,103,740 Joined:Oct 2005	Message Posted: May 20, 2012 11:10:32 PM Ignore Zonk Report Abuse That won't happen in Michigan.
1mrtym Veteran Author Houston Posts:457 Points:92,475 Joined:Mar 2012	Message Posted: May 20, 2012 11:10:12 PM Ignore 1mrtym Report Abuse ok
SparkieMi Champion Author Kalamazoo Posts:3,266 Points:589,360 Joined:Sep 2011	Message Posted: May 20, 2012 11:09:54 PM Ignore SparkieMi Report Abuse Still waiting.....
unclemattie Veteran Author Atlanta Posts:289 Points:459,905 Joined:Oct 2011	Message Posted: May 20, 2012 11:09:35 PM Ignore unclemattie Report Abuse Its getting there. Needs to be at $2.50
RAKARWOWSKI Champion Author Chicago Posts:4,005 Points:822,000 Joined:Jan 2011	Message Posted: May 20, 2012 11:08:11 PM Ignore RAKARWOWSKI Report Abuse I don't think so.
gocatgo Champion Author South Carolina Posts:15,658 Points:2,530,555 Joined:Apr 2006	Message Posted: May 20, 2012 11:08:07 PM Ignore gocatgo Report Abuse I posted $3.26 for 3 stations today. So much for the $5 gas promised by the "hope for failure" cons.
FrankTA2 Champion Author New York Posts:4,298 Points:1,096,285 Joined:Jun 2007	Message Posted: May 20, 2012 11:07:17 PM Ignore FrankTA2 Report Abuse That's not low enough.
azadus All-Star Author Houston Posts:554 Points:110,975 Joined:Mar 2012	Message Posted: May 20, 2012 11:07:12 PM Ignore azadus Report Abuse ok
1fulltank Champion Author Buffalo Posts:7,908 Points:1,545,285 Joined:Nov 2008	Message Posted: May 20, 2012 11:06:59 PM Ignore 1fulltank Report Abuse Grease the slide: conserve.
mpg611 Champion Author Cleveland Posts:2,339 Points:570,820 Joined:Apr 2011	Message Posted: May 20, 2012 11:06:20 PM Ignore mpg611 Report Abuse $3.25/gallon? Well see.
regout Champion Author Quebec Posts:2,960 Points:833,680 Joined:May 2010	Message Posted: May 20, 2012 11:06:11 PM Ignore regout Report Abuse For how long?
SUSANCK Champion Author Chicago Posts:3,647 Points:709,430 Joined:Apr 2011	Message Posted: May 20, 2012 11:05:50 PM Ignore SUSANCK Report Abuse When pigs fly.
miser709 Champion Author Grand Rapids Posts:1,268 Points:1,070,800 Joined:Mar 2004	Message Posted: May 20, 2012 11:05:24 PM Ignore miser709 Report Abuse Not!
TheeRedRam Champion Author Hartford Posts:3,168 Points:673,610 Joined:Jun 2011	Message Posted: May 20, 2012 11:05:21 PM Ignore TheeRedRam Report Abuse Hummmm
PrinceLH Champion Author Ontario Posts:2,697 Points:539,020 Joined:Jun 2011	Message Posted: May 20, 2012 11:04:45 PM Ignore PrinceLH Report Abuse Yeah, right!
emptypockets2008 Champion Author Michigan Posts:14,648 Points:1,307,715 Joined:Sep 2008	Message Posted: May 20, 2012 11:04:10 PM Ignore emptypockets2008 Report Abuse OK.............
ljmh Champion Author Akron Posts:3,047 Points:551,060 Joined:Feb 2011	Message Posted: May 20, 2012 11:03:18 PM Ignore ljmh Report Abuse I am waiting
RBob Champion Author Portland Posts:3,379 Points:2,348,850 Joined:May 2004	Message Posted: May 20, 2012 11:00:32 PM Ignore RBob Report Abuse Prices on the west coast are high because "someone" wants them to be high. Yes, one refinery had a fire months ago and the whole thing was taken off line, but the others are not operating at anywhere near capacity and storage capacity is at its peak. Give me a break. That is what happens when big oil has a monopoly.
JENNYHK Champion Author Chicago Posts:3,646 Points:714,520 Joined:Apr 2011	Message Posted: May 20, 2012 10:59:47 PM Ignore JENNYHK Report Abuse And then go up to $8 by July.
rickone All-Star Author Detroit Posts:550 Points:394,410 Joined:May 2004	Message Posted: May 20, 2012 10:58:32 PM Ignore rickone Report Abuse Interesting - Thanks for posting.
vibdata Champion Author Massachusetts Posts:4,090 Points:849,300 Joined:Nov 2005	Message Posted: May 20, 2012 10:57:50 PM Ignore vibdata Report Abuse HURRAY! That's before they rebound to $4.23
Lovecameron Rookie Author Oakland Posts:20 Points:414,725 Joined:May 2011	Message Posted: May 20, 2012 10:57:01 PM Ignore Lovecameron Report Abuse Enjoy while you can. July sanction against Iranian oil go in effect and by October we will see highest price ever unless some thing come out of the new meetings.
GigHarborHound Champion Author Tacoma Posts:2,542 Points:489,465 Joined:Sep 2011	Message Posted: May 20, 2012 10:56:40 PM Ignore GigHarborHound Report Abuse Still on the rise here!!!
bonzoonfmb Champion Author Florida Posts:1,787 Points:645,560 Joined:Feb 2010	Message Posted: May 20, 2012 10:54:56 PM Ignore bonzoonfmb Report Abuse Gas prices are still too high.
gasrprtr Rookie Author San Jose Posts:19 Points:379,655 Joined:Dec 2011	Message Posted: May 20, 2012 10:50:40 PM Ignore gasrprtr Report Abuse For first time oil companies raised the price before holiday and MAY??!!! reduce for holidays. MAYBE it has been up for no reason for long time
suzmar Champion Author Texas Posts:2,212 Points:873,340 Joined:Jun 2006	Message Posted: May 20, 2012 10:50:02 PM Ignore suzmar Report Abuse Wholesale gasoline prices have fallen, so we ought to see lower prices at the pump also.
Dodge_Me Champion Author Atlanta Posts:2,214 Points:556,980 Joined:Mar 2006	Message Posted: May 20, 2012 10:48:16 PM Ignore Dodge_Me Report Abuse Great but still should go lower
FlyNFool Champion Author South Carolina Posts:8,249 Points:1,686,175 Joined:Aug 2008	Message Posted: May 20, 2012 10:46:17 PM Ignore FlyNFool Report Abuse Still too high!
Grprtr Rookie Author San Francisco Posts:21 Points:292,345 Joined:Apr 2012	Message Posted: May 20, 2012 10:43:33 PM Ignore Grprtr Report Abuse It is the calm before storm. If sanction go in affect by July against Iran and 2.5 Mil barrel of oil is not in supply chain based on economy reporters think We wiill see $160 per barrel or better say $6 per gallons
jimpeel Veteran Author Colorado Posts:462 Points:107,540 Joined:Mar 2005	Message Posted: May 20, 2012 10:42:30 PM Ignore jimpeel Report Abuse Time will tell.
HA4CNN Champion Author Toronto Posts:5,629 Points:1,544,365 Joined:Dec 2006	Message Posted: May 20, 2012 10:41:57 PM Ignore HA4CNN Report Abuse Average price here is $4.89 a gallon.