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GasBuddy News Article

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Good Question: Why Are Gas Prices Going Up Again?

WCCO -- The rites of spring: the snow melts, the trees bud, and gasoline prices go up. But this year, gas prices are rising while people are cutting back on driving.

So what's the real story behind the jump at the pump?

According to AAA's Daily Fuel Gauge Report, the average gallon of regular unleaded cost $2.75 on the morning of March 11.

Over the past month, gasoline has gone up about 25 cents. But compared to last year at this time, we're paying almost a dollar more. The average

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Submitted Mar 12, 2010 By: praises7

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kelsielee Champion Author Atlanta Posts:3,389 Points:672,025 Joined:Sep 2008	Message Posted: Mar 14, 2010 8:55:27 PM Ignore kelsielee Report Abuse Since refiners are losing money and consumers are paying more for gas than last year, the only happy groups are the oil companies and the speculators. They seem to be making out just fine.
Pete12 Champion Author Albany Posts:3,593 Points:1,243,575 Joined:Nov 2005	Message Posted: Mar 14, 2010 8:22:50 PM Ignore Pete12 Report Abuse I agree with Enorms.
cpl11787 All-Star Author Minnesota Posts:630 Points:123,275 Joined:Jan 2010	Message Posted: Mar 14, 2010 5:39:53 PM Ignore cpl11787 Report Abuse Why did it go up 12 cents for a couple of days and then go back down?
ENORMS Champion Author Colorado Posts:3,014 Points:1,171,335 Joined:Sep 2006	Message Posted: Mar 14, 2010 8:27:08 AM Ignore ENORMS Report Abuse The speculators keep pushing up the price of oil until it kills the economy and puts more people out of work.
boutmuet Champion Author Orange County Posts:3,209 Points:677,610 Joined:Apr 2009	Message Posted: Mar 14, 2010 7:40:20 AM Ignore boutmuet Report Abuse China is a weak reason to explain why we are paying over 1$ a gallon compared to last year. Did China's consumption really improve that much in 6 months?
SBlouch Champion Author San Antonio Posts:6,885 Points:1,470,780 Joined:Apr 2007	Message Posted: Mar 13, 2010 10:40:41 PM Ignore SBlouch Report Abuse Why are gas prices going up again...because those who have it can rise the prices.
DrCashFlow Champion Author Massachusetts Posts:4,775 Points:1,168,555 Joined:Jun 2008	Message Posted: Mar 13, 2010 10:37:38 PM Ignore DrCashFlow Report Abuse refineries changing over to summer mixes.
jenks121 Rookie Author Akron Posts:6 Points:8,180 Joined:Oct 2009	Message Posted: Mar 13, 2010 2:10:44 PM Ignore jenks121 Report Abuse They're blaming it on the toyotas. Gas pedal sticks, wasting gas!!!
civicdutie Champion Author Rochester Posts:3,010 Points:611,275 Joined:Nov 2008	Message Posted: Mar 13, 2010 12:04:32 PM Ignore civicdutie Report Abuse I don't think it is a supply issue; part of it is switching to summer-blend in most of the country and the rest is pure speculation.
amerk73 Champion Author Dallas Posts:4,705 Points:1,155,155 Joined:Oct 2008	Message Posted: Mar 13, 2010 11:34:56 AM Ignore amerk73 Report Abuse they want to make more money
ENORMS Champion Author Colorado Posts:3,014 Points:1,171,335 Joined:Sep 2006	Message Posted: Mar 13, 2010 10:32:57 AM Ignore ENORMS Report Abuse The speculators keep pushing up the price of oil until it kills the economy and puts more people out of work.
DerHahn Champion Author Illinois Posts:11,144 Points:1,652,980 Joined:May 2004	Message Posted: Mar 13, 2010 10:10:21 AM Ignore DerHahn Report Abuse if we drive less the price goes up to keep the profit margin, if we drive more the price goes up due to "demand". we're screwed either way.
thecomposer Veteran Author Ontario Posts:467 Points:106,765 Joined:Jul 2009	Message Posted: Mar 13, 2010 8:26:36 AM Ignore thecomposer Report Abuse They have to pay off their Lamborghini's so they raise the prices. No really
coughlin Champion Author San Jose Posts:3,331 Points:754,075 Joined:Sep 2009	Message Posted: Mar 13, 2010 8:26:19 AM Ignore coughlin Report Abuse A buddy of mine, Jerry Malloy, used to say: "If it rains too much .... the price of corn goes up. If it doesn't rain enough .... the price of corn goes up."
ArmydudeNC Champion Author North Carolina Posts:5,781 Points:911,400 Joined:Jul 2009	Message Posted: Mar 13, 2010 6:50:03 AM Ignore ArmydudeNC Report Abuse Must be because we're not driving as much that the oil companies feel we need to pay more to maintain their profit margin.
CobraLeader Champion Author New Jersey Posts:267,902 Points:1,200,750 Joined:Apr 2007	Message Posted: Mar 13, 2010 12:09:46 AM Ignore CobraLeader Report Abuse ... And the answer that gas prices are up again is that the GREEDY SPECULATORS have ripped us off to the tune of $40.00 per barrel. ... ... Get rid of the speculators and the price per gallon gets much more reasonable. ...
OnTheWater Champion Author Orange County Posts:2,123 Points:622,380 Joined:Nov 2009	Message Posted: Mar 13, 2010 12:00:59 AM Ignore OnTheWater Report Abuse As every person so far has stated here it's 100% pure Greed!!! Just wait though our economy is going to get worse than it already is and then they will realized that they screwed up!!
jimgraham Champion Author Akron Posts:7,960 Points:1,512,945 Joined:Oct 2007	Message Posted: Mar 12, 2010 11:58:40 PM Ignore jimgraham Report Abuse If we all cut our driving in half, the price would double????
PAborn54 All-Star Author Milwaukee Posts:905 Points:577,950 Joined:May 2009	Message Posted: Mar 12, 2010 11:51:37 PM Ignore PAborn54 Report Abuse Easy answer - greedy bastards running the companies
dbatw Champion Author St. Louis Posts:1,686 Points:341,165 Joined:Apr 2009	Message Posted: Mar 12, 2010 11:51:19 PM Ignore dbatw Report Abuse much ado about nothing.... if you can't fix it, why wring your hands about it?
Muke Champion Author Virginia Beach Posts:3,011 Points:754,540 Joined:Jun 2007	Message Posted: Mar 12, 2010 11:49:50 PM Ignore Muke Report Abuse Real reason no one will know.
katiejayWV Champion Author West Virginia Posts:1,858 Points:713,225 Joined:Nov 2008	Message Posted: Mar 12, 2010 11:47:06 PM Ignore katiejayWV Report Abuse Prices steady here.
irated1 Champion Author Detroit Posts:10,414 Points:1,410,115 Joined:Aug 2005	Message Posted: Mar 12, 2010 11:46:46 PM Ignore irated1 Report Abuse Stupidest Q I've seen in the past week !! Of course they are , the economy is doing better for the speculators jumping in for the quick kill !!! [Edited by: irated1 at 3/12/2010 11:56:23 PM EST]
Bus561 Champion Author Lexington Posts:14,071 Points:2,752,030 Joined:May 2004	Message Posted: Mar 12, 2010 11:42:58 PM Ignore Bus561 Report Abuse It is the same every spring, a bunch of unscrupulous, legal thieves that could care less about their fellow man, all for only their greed and gluttonry is why gasoline is going up.
MiniFan Champion Author California Posts:2,223 Points:749,050 Joined:Nov 2008	Message Posted: Mar 12, 2010 11:41:16 PM Ignore MiniFan Report Abuse bec people are driving more??...always supply and demand if we cut demand, supply will go up and hopefully prices will fall
jjw0608 Champion Author Milwaukee Posts:5,198 Points:1,364,990 Joined:Nov 2005	Message Posted: Mar 12, 2010 11:38:57 PM Ignore jjw0608 Report Abuse Yeah WHY?
JettaKnight Champion Author Toronto Posts:1,355 Points:1,711,560 Joined:Nov 2005	Message Posted: Mar 12, 2010 11:36:40 PM Ignore JettaKnight Report Abuse FastAndy Indianapolis "So gas goes up every spring is what they are saying even though we are driving less." In other words: It's traditional to gouge drivers.
planetmail Champion Author Calgary Posts:4,108 Points:832,410 Joined:Jan 2009	Message Posted: Mar 12, 2010 11:36:38 PM Ignore planetmail Report Abuse any excuse
AKmailman Champion Author Alaska Posts:3,293 Points:1,098,520 Joined:Jul 2004	Message Posted: Mar 12, 2010 11:33:12 PM Ignore AKmailman Report Abuse Any excuse to raise prices at the pump
graceman Champion Author Baltimore Posts:3,225 Points:818,165 Joined:Jun 2008	Message Posted: Mar 12, 2010 11:29:15 PM Ignore graceman Report Abuse One answer, GREED!!!
FastAndy Champion Author Indianapolis Posts:4,405 Points:1,575,705 Joined:Jun 2007	Message Posted: Mar 12, 2010 11:01:21 PM Ignore FastAndy Report Abuse So gas goes up every spring is what they are saying even though we are driving less.