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Gas prices creeping down, but not fast enough

St Tammany News Banner -- Gas prices are once again on a roller coaster, and since last week the price of regular gas has decreased by about 5 cents a gallon nationally for regular and premium alike.

Locally, AAA reports the average cost of gas per gallon last week was $3.795 for regular and $3.729 yesterday in the New Orleans metro area. Premium was $4.037 yesterday and $4.096 last week.

What has caused the decrease?

“For the first time in a decade, we are actually exporting gasoline instead of having to import gasoline to meet our energy needs,” said Don Redman, public affairs director for AAA in New Orleans. Gasoline demand has dropped by about 6 percent, compared with the same period last year, while supplies have increased by 3 percent, he said.

“Experts say the prices have been artificially high

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Submitted Apr 25, 2012 By: aservant

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honda0105 Champion Author Tallahassee Posts:18,650 Points:1,612,445 Joined:Nov 2008	Message Posted: Apr 28, 2012 8:01:31 AM Ignore honda0105 Report Abuse the positive news is, price is down from a year ago, the bad news is, it's only 4 cents (in my area).
amerk73 Champion Author Dallas Posts:7,060 Points:1,623,905 Joined:Oct 2008	Message Posted: Apr 25, 2012 9:26:15 PM Ignore amerk73 Report Abuse still very high
my2002m Champion Author Tulsa Posts:6,088 Points:1,673,205 Joined:Jul 2008	Message Posted: Apr 25, 2012 8:43:22 PM Ignore my2002m Report Abuse They always go down a lot slower then they rise. Prices overall continue to trend upward which doesn't bode well for our economy.
tomok Champion Author Portland Posts:33,085 Points:2,348,435 Joined:Aug 2006	Message Posted: Apr 25, 2012 7:18:00 PM Ignore tomok Report Abuse The title says it all - 'Gas prices creeping down but not fast enough' Gas prices can shoot up fast but are very slow to come down. Everyone in the process of selling fuel are taking as much profit as they can, when they can. Big oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO major price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction and receive the huge federal tax income on oil. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit. 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!
gknee09 All-Star Author Philadelphia Posts:985 Points:824,640 Joined:Jul 2009	Message Posted: Apr 25, 2012 7:11:49 PM Ignore gknee09 Report Abuse we are still at $3.89 in our area
akitaone Champion Author Tampa Posts:1,342 Points:88,995 Joined:Feb 2011	Message Posted: Apr 25, 2012 4:09:01 PM Ignore akitaone Report Abuse its never fast enuff
ChukWgn Rookie Author Calgary Posts:1 Points:345 Joined:Apr 2012	Message Posted: Apr 25, 2012 3:42:41 PM Ignore ChukWgn Report Abuse they keep telling us (every time it creeps up before a long weekend) that its all about supply and demand. Who really buys that argument?
qwerty17 Champion Author New Jersey Posts:3,660 Points:1,120,375 Joined:Oct 2009	Message Posted: Apr 25, 2012 2:59:34 PM Ignore qwerty17 Report Abuse oil companies are creeps.
BuckyTJones Champion Author Salt Lake City Posts:4,932 Points:967,950 Joined:Mar 2010	Message Posted: Apr 25, 2012 1:42:19 PM Ignore BuckyTJones Report Abuse No creepy here. Holding steady.
schatzila Champion Author Los Angeles Posts:4,959 Points:1,018,570 Joined:Jun 2010	Message Posted: Apr 25, 2012 12:42:16 PM Ignore schatzila Report Abuse Up, then down. Does it really matter?
caspianTN Rookie Author Tennessee Posts:25 Points:2,090 Joined:Nov 2011	Message Posted: Apr 25, 2012 12:00:16 PM Ignore caspianTN Report Abuse Creeping down is sure the correct word!!!
leraar2 Champion Author Massachusetts Posts:3,779 Points:790,605 Joined:Mar 2011	Message Posted: Apr 25, 2012 11:48:08 AM Ignore leraar2 Report Abuse solution: EXPORT TARIFFS. why should only the oil companies profit from gasoline sales? would put more money back in the US Treasury; make foreign products more expensive (and ours more competitive); make driving to work cheaper, leaving more money for consumers (stimulating our economy).
LongPlay Champion Author Albuquerque Posts:4,258 Points:1,242,350 Joined:May 2008	Message Posted: Apr 25, 2012 11:25:15 AM Ignore LongPlay Report Abuse Will not come down much with current oil prices.
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Apr 25, 2012 10:48:06 AM Ignore VomVom Report Abuse Typical. Artificial high!!
doctorindyj Champion Author Santa Fe Posts:3,463 Points:842,510 Joined:Nov 2009	Message Posted: Apr 25, 2012 10:42:52 AM Ignore doctorindyj Report Abuse Finally, someone who get's it. If the price lowered by 2-6 cents it didn't fall, drop, go over a cliff or dive.
Dennis783 Champion Author Des Moines Posts:13,609 Points:2,706,810 Joined:Sep 2005	Message Posted: Apr 25, 2012 10:35:45 AM Ignore Dennis783 Report Abuse that's the pattern, go up fast and come down slow if at all
twinfanMN Champion Author Minnesota Posts:1,633 Points:457,255 Joined:Jun 2011	Message Posted: Apr 25, 2012 10:02:46 AM Ignore twinfanMN Report Abuse They wouldn't be artificially high if you would get rid of the speculating. We paid higher prices for months because something may or may not happen in Iran. It's flippin ridiculous.
Tekkersmom57 Champion Author Syracuse Posts:1,889 Points:703,140 Joined:May 2010	Message Posted: Apr 25, 2012 9:37:59 AM Ignore Tekkersmom57 Report Abuse You are oh so right JSX515...,"Goes up 15/20¢ a pop, down at 1/2/3¢ a day." Why aren't others in office noticing this drastic difference in the way gas goes up verses the way gas drops down!
Rancher23 Champion Author Cincinnati Posts:3,208 Points:662,270 Joined:May 2011	Message Posted: Apr 25, 2012 9:33:39 AM Ignore Rancher23 Report Abuse About the time we get them down somewhat where they should be, the greedy oil bastards will figure another loop hole to raise them again!!!!
yeehaw1073 Champion Author Indiana Posts:2,371 Points:1,852,375 Joined:May 2004	Message Posted: Apr 25, 2012 9:20:07 AM Ignore yeehaw1073 Report Abuse Never fast enough and never for long.
58salty Champion Author Jacksonville Posts:6,662 Points:632,815 Joined:Aug 2011	Message Posted: Apr 25, 2012 9:18:05 AM Ignore 58salty Report Abuse 64% of know the prices have been artificially high Big Brother ALWAYS raises the price fast as we know. Why does it take so long to drop? OH yeah Greed, they hate to loose those record profits they are stealing from all of us.
tobasco Champion Author Los Angeles Posts:7,351 Points:2,111,410 Joined:Mar 2004	Message Posted: Apr 25, 2012 9:17:58 AM Ignore tobasco Report Abuse I agree.
LuckyD43 Champion Author Long Island Posts:32,050 Points:2,170,020 Joined:Apr 2005	Message Posted: Apr 25, 2012 9:14:05 AM Ignore LuckyD43 Report Abuse When the prices go up, they skyrocket, but when it comes time for them to come down, the always crawl down at a snail's pace. That's IF they come at all. Sometimes, they just stay the same until it's time for them to increase again..
drz614 Champion Author Harrisburg Posts:2,314 Points:600,545 Joined:Aug 2011	Message Posted: Apr 25, 2012 9:13:48 AM Ignore drz614 Report Abuse ok
mossimo36 Champion Author St. Louis Posts:2,689 Points:499,775 Joined:Sep 2011	Message Posted: Apr 25, 2012 9:12:51 AM Ignore mossimo36 Report Abuse They rise quickly and drop slowly.
MacGyver_1701 Champion Author Indiana Posts:6,975 Points:2,190,445 Joined:Feb 2005	Message Posted: Apr 25, 2012 9:11:01 AM Ignore MacGyver_1701 Report Abuse Memorial day is coming fast, gas will rise again. Unfortunately!
Kaiyne Champion Author Chicago Posts:2,354 Points:475,740 Joined:Feb 2011	Message Posted: Apr 25, 2012 9:08:33 AM Ignore Kaiyne Report Abuse ok.
mnbeancounter Champion Author Minnesota Posts:4,763 Points:1,065,740 Joined:Oct 2009	Message Posted: Apr 25, 2012 9:08:20 AM Ignore mnbeancounter Report Abuse prices have not leveled off they are still bouncing like a ping pong ball
1mrtym Veteran Author Houston Posts:457 Points:92,475 Joined:Mar 2012	Message Posted: Apr 25, 2012 9:07:43 AM Ignore 1mrtym Report Abuse ok
A2J Champion Author Richmond Posts:3,090 Points:605,875 Joined:Aug 2011	Message Posted: Apr 25, 2012 9:07:34 AM Ignore A2J Report Abuse Elections time ?
Dennisjk Champion Author Detroit Posts:6,491 Points:1,927,175 Joined:Apr 2006	Message Posted: Apr 25, 2012 9:07:30 AM Ignore Dennisjk Report Abuse There's not much creepiness here.
scu227 Champion Author New Haven Posts:4,167 Points:774,805 Joined:Feb 2011	Message Posted: Apr 25, 2012 9:07:29 AM Ignore scu227 Report Abuse Typical, just a tease until the speculators can find a new reason to start raising them again
spotterFL Champion Author Florida Posts:4,125 Points:525,965 Joined:Aug 2009	Message Posted: Apr 25, 2012 9:07:23 AM Ignore spotterFL Report Abuse Wake me when it gets to $1.25/gallon.......zzzzz....zzzzz.....zzzzz.....
flydudemi All-Star Author Detroit Posts:583 Points:577,525 Joined:May 2011	Message Posted: Apr 25, 2012 9:06:55 AM Ignore flydudemi Report Abuse what a bargain
eswi Champion Author Madison Posts:2,555 Points:686,080 Joined:Mar 2009	Message Posted: Apr 25, 2012 9:06:09 AM Ignore eswi Report Abuse OK
roundtrip100 Champion Author Fort Wayne Posts:2,018 Points:398,900 Joined:Apr 2012	Message Posted: Apr 25, 2012 9:05:52 AM Ignore roundtrip100 Report Abuse Yes, and soon they will be giving it away!!!
INBwana Champion Author Indiana Posts:5,486 Points:698,910 Joined:Apr 2011	Message Posted: Apr 25, 2012 9:05:10 AM Ignore INBwana Report Abuse Creeping down by pennies and goes up by quarters.
DutchTreatMI Champion Author Grand Rapids Posts:3,325 Points:754,615 Joined:Mar 2011	Message Posted: Apr 25, 2012 9:03:58 AM Ignore DutchTreatMI Report Abuse Gas prices have been artificially high- tell us something new on that subject.
Legend1500 All-Star Author Midland Odessa Posts:964 Points:570,075 Joined:Jun 2011	Message Posted: Apr 25, 2012 9:03:54 AM Ignore Legend1500 Report Abuse K
kgfinder Veteran Author St. Louis Posts:337 Points:146,335 Joined:Aug 2011	Message Posted: Apr 25, 2012 8:56:25 AM Ignore kgfinder Report Abuse Whats new?
cableman31 Champion Author New York Posts:8,848 Points:2,019,725 Joined:May 2004	Message Posted: Apr 25, 2012 8:55:55 AM Ignore cableman31 Report Abuse Jump up, tricle down, same bs.
IrishCowboy Champion Author Fort Wayne Posts:1,432 Points:573,975 Joined:Jan 2011	Message Posted: Apr 25, 2012 8:55:45 AM Ignore IrishCowboy Report Abuse "...but not fast enough..." True that!
paul12011 Champion Author Chicago Posts:1,758 Points:91,055 Joined:May 2011	Message Posted: Apr 25, 2012 8:54:54 AM Ignore paul12011 Report Abuse not cheap enough
mreiff Champion Author Louisville Posts:5,362 Points:1,305,765 Joined:May 2009	Message Posted: Apr 25, 2012 8:54:49 AM Ignore mreiff Report Abuse Creeping is right, pennies at a time!
traumer Champion Author Twin Cities Posts:5,389 Points:1,341,375 Joined:Aug 2006	Message Posted: Apr 25, 2012 8:49:07 AM Ignore traumer Report Abuse Only short term so we get used to the new high price, then back up again looking for the new new high price for us to get used to.
savannahoaks Champion Author Rockford Posts:2,712 Points:638,160 Joined:Mar 2011	Message Posted: Apr 25, 2012 8:48:28 AM Ignore savannahoaks Report Abuse Why it is going down is as much to do with speculation as why prices go up.
reb4 Champion Author Chicago Posts:19,142 Points:1,824,300 Joined:Sep 2004	Message Posted: Apr 25, 2012 8:46:37 AM Ignore reb4 Report Abuse Long as it keeps going down, thats good..
Tiernan Champion Author Chicago Posts:3,490 Points:821,925 Joined:Sep 2005	Message Posted: Apr 25, 2012 8:46:02 AM Ignore Tiernan Report Abuse Nope, they never do.
deerchaser All-Star Author Lincoln Posts:792 Points:1,253,210 Joined:Sep 2005	Message Posted: Apr 25, 2012 8:45:32 AM Ignore deerchaser Report Abuse better than going up
craigsf38 Champion Author Rochester Posts:5,728 Points:1,513,180 Joined:Jun 2008	Message Posted: Apr 25, 2012 8:45:22 AM Ignore craigsf38 Report Abuse Prices haven't budged here yet. So I would say that somebody's margins a bit higher than most. NICE if the FRACKING speculators don't gouge us the rest of the supply chain does. it sucks