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Gas prices continue slide, but for how long?

Mercury News -- Enjoy it while it lasts.

Gas prices continue their surprising summer slide, with the average in many Bay Area cities now under $4 a gallon. But with July Fourth around the corner, some experts are already predicting that they will resume their climb as motorists take to the road for holiday excursions.

On Monday, however, motorists were savoring the $3.69 a gallon they were paying for regular unleaded at Gas of America in Antioch.

"I'm glad gas prices are going down. It's expensive to drive," said Cathy Lombard of Antioch as she filled up her car at the independent station.

The drop in prices over the past three weeks will make it easier to pay other bills and help with commuting costs, she said.

On Monday, the average price for a gallon of regular unleaded was $3.85 in California, do

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Submitted Jun 26, 2012 By: angel4me

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heysailor Champion Author Pittsburgh Posts:9,592 Points:2,334,620 Joined:Mar 2006	Message Posted: Jun 26, 2012 6:07:23 PM Ignore heysailor Report Abuse Keep it down until after vacation season.
Romey08 Champion Author Virginia Posts:6,311 Points:1,436,490 Joined:Apr 2008	Message Posted: Jun 26, 2012 6:04:05 PM Ignore Romey08 Report Abuse Please keep the negative thoughts out
RambleOn Champion Author New York Posts:2,375 Points:1,510,450 Joined:Aug 2008	Message Posted: Jun 26, 2012 6:03:05 PM Ignore RambleOn Report Abuse Keep it going! Lots more momentum. Buy only from the lowest priced stations.
raidrod Sophomore Author Seattle Posts:152 Points:1,432,570 Joined:Nov 2007	Message Posted: Jun 26, 2012 5:58:49 PM Ignore raidrod Report Abuse it could keep going down!
Piniewoods All-Star Author Jacksonville Posts:892 Points:461,190 Joined:Aug 2005	Message Posted: Jun 26, 2012 5:58:10 PM Ignore Piniewoods Report Abuse Someone will hiccup and it will drive up gas a $1 a gallon.
honkerman Champion Author San Jose Posts:44,311 Points:2,398,070 Joined:Jul 2004	Message Posted: Jun 26, 2012 5:57:54 PM Ignore honkerman Report Abuse It is amazing how excited people are over the price getting to the same highly elevated level it was last year.
gasaholicNC Champion Author North Carolina Posts:1,214 Points:1,450,830 Joined:Sep 2008	Message Posted: Jun 26, 2012 5:56:25 PM Ignore gasaholicNC Report Abuse hurricane Season.. Prices Will Increase
rawdog1313 Champion Author Lexington Posts:3,309 Points:1,644,755 Joined:May 2008	Message Posted: Jun 26, 2012 5:53:43 PM Ignore rawdog1313 Report Abuse Regulate Oil Speculation!
jwduke1 Champion Author Iowa Posts:15,604 Points:3,068,265 Joined:Apr 2004	Message Posted: Jun 26, 2012 5:52:48 PM Ignore jwduke1 Report Abuse Probably not for long.
JagXKR Champion Author British Columbia Posts:3,169 Points:1,093,330 Joined:Dec 2009	Message Posted: Jun 26, 2012 5:50:37 PM Ignore JagXKR Report Abuse Finally dropping across the border from me in the US but steady and high here in The Great White North.
CelticHeart Champion Author Detroit Posts:138,565 Points:3,166,400 Joined:Aug 2004	Message Posted: Jun 26, 2012 5:43:28 PM Ignore CelticHeart Report Abuse Whatever the direction, THEY will say it was unexpected.
BluWahoo Champion Author Pensacola Posts:3,119 Points:380,665 Joined:Mar 2012	Message Posted: Jun 26, 2012 5:43:18 PM Ignore BluWahoo Report Abuse everything is high priced in California..that's why I live in Florida's paradise and enjoy the same ammenities for half the price
Grandkid1 Champion Author Cincinnati Posts:1,285 Points:223,665 Joined:Mar 2012	Message Posted: Jun 26, 2012 5:37:35 PM Ignore Grandkid1 Report Abuse hmmmm
feistyfella All-Star Author Georgia Posts:881 Points:194,745 Joined:Jun 2010	Message Posted: Jun 26, 2012 5:35:47 PM Ignore feistyfella Report Abuse California
menagerie1013 Champion Author San Diego Posts:2,365 Points:690,740 Joined:Apr 2011	Message Posted: Jun 26, 2012 5:30:52 PM Ignore menagerie1013 Report Abuse I'll be happy if it continues for a long time.
200porter Champion Author Toronto Posts:2,070 Points:543,110 Joined:Sep 2011	Message Posted: Jun 26, 2012 5:30:35 PM Ignore 200porter Report Abuse Just saw the price increase over the weekend and it going up again tomorrow. This article is already out of date.
cisson All-Star Author Kentucky Posts:516 Points:383,610 Joined:Jul 2010	Message Posted: Jun 26, 2012 5:27:50 PM Ignore cisson Report Abuse wouldn't it be nice it it continued to go down!!! Dreaming......
nikki1316 Rookie Author Victoria Posts:25 Points:4,060 Joined:Jun 2012	Message Posted: Jun 26, 2012 5:27:38 PM Ignore nikki1316 Report Abuse Prices in Victoria, BC Canada have been all over the place. One day 139.9/litre to 100.9/litre the next day. This seems to be going back and forth within the past two weeks. It would be nice to see the trend throughout summer. Usually due to tourism the prices skyrocket throughout the whole summer, its a nice and welcomed change.
TXHUNTER1 Champion Author Austin Posts:2,711 Points:295,385 Joined:Dec 2006	Message Posted: Jun 26, 2012 5:26:45 PM Ignore TXHUNTER1 Report Abuse Untill the economy gains some steam.
Spankster85 Champion Author Chicago Posts:1,734 Points:358,040 Joined:Nov 2011	Message Posted: Jun 26, 2012 5:25:27 PM Ignore Spankster85 Report Abuse However long it will last it wont be nearly long enough.
umitb Champion Author Indianapolis Posts:3,681 Points:844,415 Joined:Apr 2010	Message Posted: Jun 26, 2012 5:25:18 PM Ignore umitb Report Abuse ok
ChuckGVT Champion Author Vermont Posts:6,703 Points:1,694,925 Joined:Apr 2008	Message Posted: Jun 26, 2012 5:23:34 PM Ignore ChuckGVT Report Abuse Just more speculation.
shea33 Champion Author Pensacola Posts:2,373 Points:544,665 Joined:Oct 2011	Message Posted: Jun 26, 2012 5:21:13 PM Ignore shea33 Report Abuse not long enough
WilW Champion Author Atlanta Posts:12,228 Points:2,673,855 Joined:Aug 2004	Message Posted: Jun 26, 2012 5:21:10 PM Ignore WilW Report Abuse No gas spike on Memorial Day. Should we expect one for the 4th?
FlyNFool Champion Author South Carolina Posts:8,249 Points:1,686,175 Joined:Aug 2008	Message Posted: Jun 26, 2012 5:17:28 PM Ignore FlyNFool Report Abuse Wait til Mitt is elected!
BillyTenn Rookie Author Tennessee Posts:58 Points:3,485 Joined:Apr 2011	Message Posted: Jun 26, 2012 5:16:35 PM Ignore BillyTenn Report Abuse Enjoy it while it last. At least it's some relief.
tick1946 Sophomore Author Cincinnati Posts:112 Points:1,026,190 Joined:Nov 2006	Message Posted: Jun 26, 2012 5:12:15 PM Ignore tick1946 Report Abuse Just watch for the jump on either the 2nd or 3rd-----the gas stations need to celebrate the 4th with a bang.
FollowTheLitre Sophomore Author London Posts:115 Points:521,350 Joined:Jun 2007	Message Posted: Jun 26, 2012 5:11:26 PM Ignore FollowTheLitre Report Abuse You Americans are lucky. My gas station in Ontario just RAISED their price of gasoline to $4.78 a gallon (1.259 per litre) from $4.55 a gallon ($1.199 per litre). Isn't that special? Because we are a complacent people, we just shrug and say, "What can you do, eh?" Meanwhile, the oil companies here don't bother about the disgustingly low prices because they can charge consumers whatever they want. You see, we work in reverse in terms of competition here. If the price of gas skyrockets at one station, EVERYONE follows suit in unison - much like an orchestra responds as the conductor raises the baton. No collusion, though. Our government says so, and I trust them with all of my heart. (Sarcasm, in case you didn't get it). The price will jump in huge increments, then decreases daily in monetary values that don't exist (i.e tenths of a cent) under the guise of "competing". After a month or so of piddly price drops, the price skyrockets again, and the cycle repeats. O Canada...
MidNJ Champion Author New Jersey Posts:7,559 Points:1,173,100 Joined:Sep 2009	Message Posted: Jun 26, 2012 5:10:14 PM Ignore MidNJ Report Abuse $3.07 in the bargain stations around me. Up a 4 cents since last Friday.
BIGREDNM Champion Author Albuquerque Posts:3,607 Points:848,710 Joined:Oct 2010	Message Posted: Jun 26, 2012 5:06:45 PM Ignore BIGREDNM Report Abuse Back to the GREEDY.
preacherjohn Champion Author Modesto Posts:3,994 Points:1,920,715 Joined:May 2006	Message Posted: Jun 26, 2012 5:06:05 PM Ignore preacherjohn Report Abuse We paid under $3.60 Mon.
mplato Champion Author Columbia Posts:8,259 Points:1,817,220 Joined:Jun 2004	Message Posted: Jun 26, 2012 4:57:52 PM Ignore mplato Report Abuse till the press no longer feel they can help obummer out then they will start showing that BIG OIL is at it again
balljars Champion Author Michigan Posts:8,113 Points:1,610,595 Joined:Aug 2008	Message Posted: Jun 26, 2012 4:57:25 PM Ignore balljars Report Abuse Forever would be good.
fire@53 Champion Author Philadelphia Posts:11,838 Points:2,771,025 Joined:May 2003	Message Posted: Jun 26, 2012 4:56:49 PM Ignore fire@53 Report Abuse Lowest price in my area now at $3.379.
captainronnie Rookie Author North Carolina Posts:47 Points:20,485 Joined:May 2007	Message Posted: Jun 26, 2012 4:51:28 PM Ignore captainronnie Report Abuse The drop in prices, however welcome, will only be temporary. Wall street and the politicians will manipulate the prices downward until after the election. In November, the prices will rise again, regardless of who wins. It will be sooner if a major hurricane forms in the Gulf of Mexico. Any reason for a price hike.
coughlin Champion Author San Jose Posts:5,190 Points:1,118,840 Joined:Sep 2009	Message Posted: Jun 26, 2012 4:50:47 PM Ignore coughlin Report Abuse I've read in the Autumn.
khareabhishek All-Star Author Milwaukee Posts:812 Points:401,655 Joined:Feb 2010	Message Posted: Jun 26, 2012 4:50:12 PM Ignore khareabhishek Report Abuse Enjoy as long as they are sliding down, anyways they are not low, they are just back to the level they were few months back. It is not like they went back to 90's prices and they will jump again, just wait.
ghmortensen Champion Author Minnesota Posts:1,997 Points:1,670,590 Joined:Jan 2007	Message Posted: Jun 26, 2012 4:45:47 PM Ignore ghmortensen Report Abuse I'm hoping for gas at $2.75/gallon by Christmas.
DeHavilland Champion Author Toronto Posts:5,880 Points:1,905,215 Joined:Jun 2007	Message Posted: Jun 26, 2012 4:44:39 PM Ignore DeHavilland Report Abuse Right on, wz, right on.
wz Champion Author Twin Cities Posts:2,494 Points:1,278,290 Joined:Feb 2009	Message Posted: Jun 26, 2012 4:42:20 PM Ignore wz Report Abuse They'll find some excuse to raise prices again - like the new Saudi refinery problems.
melvindale Champion Author Michigan Posts:1,438 Points:351,230 Joined:Jun 2011	Message Posted: Jun 26, 2012 4:42:12 PM Ignore melvindale Report Abuse Not long enough.
mickealo Champion Author Spokane Posts:6,167 Points:2,145,410 Joined:Oct 2006	Message Posted: Jun 26, 2012 4:41:57 PM Ignore mickealo Report Abuse well they will find a reason to take it back up
NoGas714 All-Star Author Indiana Posts:740 Points:752,000 Joined:May 2005	Message Posted: Jun 26, 2012 4:39:01 PM Ignore NoGas714 Report Abuse Greed is on vacation. He'll be back.
Pramodsharma Champion Author Richmond Posts:1,974 Points:388,140 Joined:Feb 2012	Message Posted: Jun 26, 2012 4:38:30 PM Ignore Pramodsharma Report Abuse Crude price is falling and retail gas price may start rising due to July 4 travel, I will call it price grouching. This deserve some action from consumer's end.
Vitobug Champion Author El Paso Posts:1,955 Points:641,435 Joined:May 2011	Message Posted: Jun 26, 2012 4:38:14 PM Ignore Vitobug Report Abuse ok
tco9436 Champion Author Connecticut Posts:1,782 Points:723,475 Joined:Mar 2010	Message Posted: Jun 26, 2012 4:37:15 PM Ignore tco9436 Report Abuse gas prices at certain stations in connecticut are already up by 4 cents in 1 day
humancry Champion Author Michigan Posts:4,618 Points:1,002,455 Joined:Nov 2006	Message Posted: Jun 26, 2012 4:31:27 PM Ignore humancry Report Abuse Gas is going up becuase they and wall street are in control. i say take wall street apart piece by piece.
TopGunn Champion Author Baltimore Posts:9,191 Points:2,617,255 Joined:Aug 2004	Message Posted: Jun 26, 2012 4:31:15 PM Ignore TopGunn Report Abuse Only a 'speculator' would guess on this one. Hope it is for a long time.
fallbaby All-Star Author Indiana Posts:703 Points:308,840 Joined:Mar 2012	Message Posted: Jun 26, 2012 4:30:47 PM Ignore fallbaby Report Abuse It's just a tease when the prices go down. First chance they get we'll get slapped in the pocketbook again.
eddyp94 Champion Author Ontario Posts:8,163 Points:1,660,835 Joined:Mar 2008	Message Posted: Jun 26, 2012 4:29:01 PM Ignore eddyp94 Report Abuse Fuel prices went up here for no reason but greed...
johnnyg1200 Champion Author St. Louis Posts:4,183 Points:646,770 Joined:May 2011	Message Posted: Jun 26, 2012 4:26:35 PM Ignore johnnyg1200 Report Abuse We’re down under 2.99 here. Just wait though they will find a reason to jack it up next week.