• fb_100000970937721 avatar Daniel Posted: 8/12/2013 4:18pm PDT

    plummeting?? What are you talking about? It goes up 25 to 30 cents in a week, and if it goes down 2 or 3 cents, it plummets. Big joke...

  • svegliando avatar svegliando Posted: 8/12/2013 9:43am PDT

    Hmmm, it seems a month ago analysts were expecting prices to soar in August.

  • fb_601634786 avatar David Posted: 8/13/2013 6:54am PDT

    The reason why analysts make statements like this is they know it'll drive prices up and we as the consumer will pay higher prices. It's the same reason why a speculator will buy up some futures, make a statement that oil will be at $____ at a certain point and guess what? Pump prices shoot up, the public is gouged, they sell their shares and pocket the difference.

  • fb_100003923850089 avatar fb_100003923850089 Posted: 8/12/2013 12:46pm PDT

    I guess they have to have something to write about.

  • fb_670521616 avatar William Posted: 8/12/2013 6:09pm PDT

    do research on "crude oil futures". Supply and demand is only a minute factor of what drives prices up and down... and it is a small reason.

  • fb_601634786 avatar David Posted: 8/13/2013 6:51am PDT

    Prices may be falling now but I can guarantee they'll find some excuse they hope and believe the public will buy as the reason for a sudden price spike even if it's a stretch in the believability dept. I've often said oil speculators and oil companies must have a giant wheel of excuses and when they need to raise prices they give it a spin to see what the "excuse of the moment" is going to be to justify a price
    spike and more gouging.

  • laura.kearns avatar laura.kearns Posted: 8/16/2013 11:06am PDT

    It's great that gas prices are slowly going down NOW...but how high will gas prices be in 1 month, 6 months and a year? Gas prices a volatile but exhibit an upward trend. We can't get excited about gas that's under $4 a gallon when we could be spending $2/gallon on replacement fuels. It's time for a change.