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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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Hobby001 Champion Author Michigan Posts:5,084 Points:1,181,060 Joined:Jul 2007	Message Posted: Jun 29, 2012 5:34:51 AM Ignore Hobby001 Report Abuse Until speculators like George Soros start driving the price back up.
DrCashFlow Champion Author Massachusetts Posts:7,054 Points:1,623,325 Joined:Jun 2008	Message Posted: Jun 29, 2012 3:30:13 AM Ignore DrCashFlow Report Abuse longer than you think
Dodge_Me Champion Author Atlanta Posts:2,214 Points:553,230 Joined:Mar 2006	Message Posted: Jun 27, 2012 9:56:36 PM Ignore Dodge_Me Report Abuse Keep rolling down!
sparky808 Champion Author Honolulu Posts:2,981 Points:594,810 Joined:Sep 2011	Message Posted: Jun 27, 2012 11:21:11 AM Ignore sparky808 Report Abuse Thank you for posting.
GOBUTLER Champion Author Indianapolis Posts:1,425 Points:386,835 Joined:Dec 2011	Message Posted: Jun 27, 2012 6:39:21 AM Ignore GOBUTLER Report Abuse Would love to see $2.??
lcleveland Champion Author San Antonio Posts:2,646 Points:647,275 Joined:May 2011	Message Posted: Jun 27, 2012 6:39:17 AM Ignore lcleveland Report Abuse keep them coming down
tomok Champion Author Portland Posts:32,917 Points:2,341,510 Joined:Aug 2006	Message Posted: Jun 27, 2012 6:04:00 AM Ignore tomok Report Abuse Gas prices continue the price slide and it needs to go much lower to help revive 'coming out of the closet' Barry's (aka – vampire/ghost hunter) lack of adequate jobs, very lousy and crappy economy. 'Coming out of the closet' Barry restricted oil production from federal lands and waters. How much will gas prices go up when it starts to rise again? And they will rise, the trend is always up in fuel prices. The price at the pump needs to go down to $2/gallon, $3 to $3.50/gallon is Not the new low! It was a good thing the oil companies found oil and natural gas on private land, we would have fuel at $5/gallon right now and there would be no price slide, for how long? Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost. The price of fuel at the pump is too high! 12/22/2012
justmedc Veteran Author Michigan Posts:382 Points:174,045 Joined:Mar 2012	Message Posted: Jun 26, 2012 11:19:18 PM Ignore justmedc Report Abuse still waiting for $2.00 a gallon ??
NedW Champion Author Indianapolis Posts:5,594 Points:1,138,245 Joined:Mar 2008	Message Posted: Jun 26, 2012 10:20:47 PM Ignore NedW Report Abuse B. Hussein Obama has yet to fully implement his plan in which "energy costs will necessarily have to skyrocket."
rahcat Champion Author Grand Rapids Posts:2,448 Points:658,950 Joined:Jan 2010	Message Posted: Jun 26, 2012 10:12:15 PM Ignore rahcat Report Abuse Stephen Chew's worst nightmare......the prices are "slip sliding away" [Edited by: rahcat at 6/27/2012 12:12:47 AM EST]
kcboy Champion Author Utah Posts:3,948 Points:1,503,800 Joined:Jun 2005	Message Posted: Jun 26, 2012 10:08:52 PM Ignore kcboy Report Abuse Gas prices took a jump 4 cents.
TheSicilian Champion Author Jacksonville Posts:5,359 Points:1,465,750 Joined:Feb 2009	Message Posted: Jun 26, 2012 10:04:51 PM Ignore TheSicilian Report Abuse can't be long enough
pastorpaulcg Champion Author Virginia Posts:3,615 Points:775,785 Joined:Dec 2010	Message Posted: Jun 26, 2012 10:02:35 PM Ignore pastorpaulcg Report Abuse Okay
jem069 Champion Author Detroit Posts:2,518 Points:683,080 Joined:Jan 2011	Message Posted: Jun 26, 2012 10:01:04 PM Ignore jem069 Report Abuse ok
unclemattie Veteran Author Atlanta Posts:289 Points:456,155 Joined:Oct 2011	Message Posted: Jun 26, 2012 10:00:08 PM Ignore unclemattie Report Abuse old news
DeeLA Champion Author Los Angeles Posts:4,792 Points:1,360,355 Joined:Nov 2008	Message Posted: Jun 26, 2012 9:49:38 PM Ignore DeeLA Report Abuse It says this was posted today, but I commented on it two or three days ago.
WinderGuy Champion Author Georgia Posts:2,849 Points:928,605 Joined:Mar 2008	Message Posted: Jun 26, 2012 9:48:45 PM Ignore WinderGuy Report Abuse Ok
WIPACKERFAN Champion Author Chicago Posts:8,779 Points:1,838,475 Joined:Aug 2005	Message Posted: Jun 26, 2012 9:46:41 PM Ignore WIPACKERFAN Report Abuse I guess we'll see.
ty58 Veteran Author Akron Posts:320 Points:481,530 Joined:Jun 2011	Message Posted: Jun 26, 2012 9:44:21 PM Ignore ty58 Report Abuse enjoy it why it last
dabbadu Champion Author New York Posts:1,056 Points:657,255 Joined:Feb 2011	Message Posted: Jun 26, 2012 9:41:39 PM Ignore dabbadu Report Abuse When China's recovery takes off.
MRED3 Champion Author Jacksonville Posts:3,999 Points:928,080 Joined:May 2009	Message Posted: Jun 26, 2012 9:41:04 PM Ignore MRED3 Report Abuse Going back up in November.
monieet All-Star Author California Posts:953 Points:526,530 Joined:Mar 2011	Message Posted: Jun 26, 2012 9:40:03 PM Ignore monieet Report Abuse Thats the question aint it.
tidalwave3 Champion Author Tallahassee Posts:1,294 Points:1,460,075 Joined:Jun 2008	Message Posted: Jun 26, 2012 9:35:48 PM Ignore tidalwave3 Report Abuse Watchout from Egypt with their new radical ideas :(
lenda13 Rookie Author Victoria Posts:7 Points:1,270 Joined:May 2012	Message Posted: Jun 26, 2012 9:34:07 PM Ignore lenda13 Report Abuse Hey! Today the crude oil price for a barrel is $79.40. In Victoria, BC we are paying up to 139.9 per liter at the pump and our Canadian dollar is not far from par with the USA. A few years back when the price of crude was $140.00 a barrel we were paying 147.9 per liter. I think it is about time the Canadian government stepped in and started to regulate the price of fuel in this country. The oil company's are getting greedier and greedier, just how much profit do they want to make!!!! [Edited by: lenda13 at 6/26/2012 11:34:58 PM EST]
BoerneWatch Champion Author San Antonio Posts:15,521 Points:2,449,940 Joined:Oct 2005	Message Posted: Jun 26, 2012 9:33:05 PM Ignore BoerneWatch Report Abuse World demand has to go into a downward spiral and it is poised to do just that.
wildddkattt80 Champion Author Phoenix Posts:2,143 Points:432,145 Joined:Jun 2011	Message Posted: Jun 26, 2012 9:31:45 PM Ignore wildddkattt80 Report Abuse Keep going down
ilovdieselsmoke Rookie Author South Carolina Posts:14 Points:11,205 Joined:Jun 2012	Message Posted: Jun 26, 2012 9:28:42 PM Ignore ilovdieselsmoke Report Abuse they're looking for an excuse to hike prices now. no snow, no world conflict yet, the tropical storm didn't work out to their advantage but soon something will.the speculators are getting restless on wall street..
Black Wagon Champion Author Illinois Posts:7,291 Points:1,798,770 Joined:Mar 2004	Message Posted: Jun 26, 2012 9:28:04 PM Ignore Black Wagon Report Abuse Well ours slid up about .27 cents today.
billey32 Champion Author Oklahoma Posts:1,359 Points:351,210 Joined:May 2011	Message Posted: Jun 26, 2012 9:27:46 PM Ignore billey32 Report Abuse K
Irish_Lacey Sophomore Author Miami Posts:213 Points:179,055 Joined:Mar 2012	Message Posted: Jun 26, 2012 9:24:57 PM Ignore Irish_Lacey Report Abuse ? How... low... can... you... go? ?
Rooster922 Champion Author Wilmington Posts:3,768 Points:652,070 Joined:Jan 2009	Message Posted: Jun 26, 2012 9:24:21 PM Ignore Rooster922 Report Abuse After the election, iciot. I know.
Schnappi Rookie Author Atlanta Posts:71 Points:115,875 Joined:Feb 2011	Message Posted: Jun 26, 2012 9:23:52 PM Ignore Schnappi Report Abuse Good
Mustache_33 All-Star Author Toronto Posts:900 Points:181,455 Joined:May 2012	Message Posted: Jun 26, 2012 9:23:41 PM Ignore Mustache_33 Report Abuse when holiday is just around the corner, gas goes up.
js0743 All-Star Author Georgia Posts:981 Points:455,630 Joined:Nov 2011	Message Posted: Jun 26, 2012 9:22:16 PM Ignore js0743 Report Abuse Hope it continues for.a long time.
DerHahn Champion Author Illinois Posts:13,688 Points:2,110,135 Joined:May 2004	Message Posted: Jun 26, 2012 9:21:46 PM Ignore DerHahn Report Abuse slide ended here today with a 30 cent jump at the pumps
Grumpy0521 Champion Author Ontario Posts:2,056 Points:747,510 Joined:Dec 2008	Message Posted: Jun 26, 2012 9:21:12 PM Ignore Grumpy0521 Report Abuse It will slide only to go back up.
clermont40miles Champion Author Cincinnati Posts:10,543 Points:1,767,935 Joined:Apr 2008	Message Posted: Jun 26, 2012 9:19:31 PM Ignore clermont40miles Report Abuse OGW wrote... (Message Posted: Jun 26, 2012 10:39:23 PM) Our prices dropped to the lowest in 4 years a couple of weeks ago but yesterday and today they starting to go up again. Obama is not the cause of rising gas prices just look to the Wall Street traders and their greed and remeber [sic] those traders are some of the bigger money machines that support the republicans and their oil baron friends. ---- my comments... Obama is letting these traders go with impunity. The CTFC could and should reel them in but they do NOTHING. BHO & Co. want high prices to advance their greenie agenda. High fuel prices are the only way they can force or promote their greenie alternatives that are totally unaffordable. Obama is the enabler. .
mstearno Champion Author Dayton Posts:8,043 Points:1,727,235 Joined:Jan 2008	Message Posted: Jun 26, 2012 9:18:01 PM Ignore mstearno Report Abuse only a matter of time
tippybuddy Champion Author Ontario Posts:1,523 Points:207,740 Joined:Feb 2011	Message Posted: Jun 26, 2012 9:16:58 PM Ignore tippybuddy Report Abuse I hope they keep sliding for a long time...it's been a long time coming
weenerdog Champion Author Detroit Posts:9,441 Points:1,880,890 Joined:Jan 2008	Message Posted: Jun 26, 2012 9:15:37 PM Ignore weenerdog Report Abuse they need to keep sliding
clermont40miles Champion Author Cincinnati Posts:10,543 Points:1,767,935 Joined:Apr 2008	Message Posted: Jun 26, 2012 9:15:27 PM Ignore clermont40miles Report Abuse Prices in Ohio need to slide a lot more. Current pump prices well above USA avg and above WEST VIRGINIA - a rip-off that has lasted for 2 months. GREEDway is the culprit. I hope they don't jack us again to keep fleecing us. Legal robbery.
petrpuck All-Star Author Hamilton Posts:559 Points:415,460 Joined:Nov 2011	Message Posted: Jun 26, 2012 9:15:23 PM Ignore petrpuck Report Abuse keep slidin'
DEG Champion Author Las Vegas Posts:17,605 Points:3,491,680 Joined:Jul 2003	Message Posted: Jun 26, 2012 9:12:33 PM Ignore DEG Report Abuse OPEC is trying to buy the US election to keep Obama in office. After the election; no matter who wins, the prices are likely to skyrocket.
jorja13 Champion Author British Columbia Posts:1,092 Points:249,240 Joined:Aug 2008	Message Posted: Jun 26, 2012 9:11:50 PM Ignore jorja13 Report Abuse No slide here.....March, oil was 109 a barrel, gas 131.9 a litre, June, oil is below 80 a barrel and gas is 132.9 per litre....or about $4.90 US.
abcdMA Champion Author Worcester Posts:7,902 Points:1,570,980 Joined:Nov 2008	Message Posted: Jun 26, 2012 9:11:10 PM Ignore abcdMA Report Abuse the gas slide--a sure sign of a dying economy
DustyHorse Champion Author Virginia Posts:6,067 Points:1,387,845 Joined:Oct 2008	Message Posted: Jun 26, 2012 9:10:15 PM Ignore DustyHorse Report Abuse They are just trying to run up prices with stories like this one. I have no respect for the Mercury News when it comes to energy.
59glide All-Star Author New Haven Posts:855 Points:1,045,490 Joined:Apr 2006	Message Posted: Jun 26, 2012 9:05:14 PM Ignore 59glide Report Abuse crude is still dropping so will gas.
monarch57 Champion Author British Columbia Posts:1,622 Points:135,165 Joined:Nov 2008	Message Posted: Jun 26, 2012 9:05:01 PM Ignore monarch57 Report Abuse We haven't seen any drop in gas prices here for weeks now still a ripoff at $129.9 a liter.
altima2008 Champion Author Philadelphia Posts:8,145 Points:1,733,990 Joined:Apr 2008	Message Posted: Jun 26, 2012 9:02:34 PM Ignore altima2008 Report Abuse Nobama and his cocky no nothing self will push the prices back up soon enough. Remember gas was less than $2 before he took office!
MG_Sputnik Champion Author Philadelphia Posts:7,285 Points:1,956,405 Joined:Apr 2006	Message Posted: Jun 26, 2012 9:02:02 PM Ignore MG_Sputnik Report Abuse Not long. Already going back up here.