Gas prices going up in July WTF
 

By MARK WILLIAMS, AP Energy Writer Mark Williams, Ap Energy Writer ? Thu Jun 24, 3:34 pm ET
Filling up the family car's gas tank is getting more expensive as the 4th of July weekend nears, but that won't stop a lot of people from hitting the road.

Gasoline prices rose 1.2 cents Thursday to a national average of $2.753 per gallon, according t AAA, Wright Express and Oil Price Information Service. Pump prices are 2.7 cents per gallon lower than month-ago levels and 7.7 cents higher than a year ago.

Prices have jumped 4.6 cents in the past week. AAA expects gas to average between $2.70 and $2.80 per gallon for the holiday. That's about the same as the Memorial Day weekend.

Despite higher prices, AAA said the number of Americans taking a trip this July 4th weekend is expected to increase 17.1 percent from 2009 levels, when the country was mired in the recession. Nearly 35 million people will travel at least 50 miles from home.

About 90 percent of travelers will reach their destination by car, a 17.7 percent increase from a year ago.

AAA has said higher gas prices don't keep people from driving until they approach the $3 per gallon level ? a sort of psychological barrier.

At $2.80 per gallon, a typical motorist using about 50 gallons of fuel per month will spend about $140.

Natural gas prices, which have been falling all week, lost more ground after the government reported Thursday that stockpiles increased last week as expected. The total amount of gas in storage is down slightly from a year ago, but 13 percent above the five-year average.

Oil prices rose slightly, with demand still lackluster in the gradual economic recovery. Benchmark crude for August delivery added 16 cents to settle at $76.51 a barrel on the New York Mercantile Exchange.

In other Nymex trading, heating oil fell 1.12 cents to settle at $2.0572 a gallon, gasoline gained 1.12 cents to settle at $2.0935 a gallon and natural gas was off 6.6 cents to settle at $4.748 per 1,000 cubic feet.

Brent crude rose 20 cents to settle at $76.47 on the ICE futures exchange.

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Associated Press writers Natalie Ragus in London and Alex Kennedy in Singapore contributed to this report.

Typical. People are going to travel over the next few days so they increase prices to make a few dollars.

Nothing we can do about it. We have to have gas so we will pay whatever price they charge.

same as any year, plus less people flying = more people driving

roller coaster...

that's why I filled up early this week :thumbsup

i think its going to stay up tho i think the gov. Is going to make us pay fuck bp's fuck up bp need to just go ahead an shut down now that i think about it

i filled up this morning lol hahaha

They must do all for profits, they dont care about people

Wots it gonna b like in 2020???? :Oh crap

prices went up 8% here due to the fucking HST...

Gas prices always go up in July and summer months. That's when the oil industry intentionally hikes their rates to cash in some extra dough. It's been like this for years now.

not good but it always happen

no considerations

gas in italy costs 1.50 euro for 1 liter (1.50 euro = 1.88 us and 1 gallon is roughly about 3.5 liters) so to all you americans...........quit whining

exactly...

meh, us canadians are not far off..now paying 1.01 for a liter..

If you think you have high gas prices I invite you to visit Poland. We have much higher prices and we earn in average 5X-10X less. :pimp

Ignoring absolute prices for a moment, it still boggles the mind that governments repeatedly investigate claims of collusion yet always conclude that nothing is amiss.

So why does the price of petrol consistently go up before a major holiday? Or even the weekend? Hello?

No kidding, 5PLN/liter = $1,50USD/liter * 3,78 liters in a gallon = $5,76/gal

:2 cents:

Which is ~ $7,11 per gallon, and same price in most of Europe.

America fuck yeah

here you go the latest petrol prices per litre from 1 July over here in the UK

1 litre = 0.264172052 US gallons

1.00 GBP = 1.51990 USD

------------ AVG ------MIN------- MAX
Unleaded:---118.3p-----113.9p-----130.9p
Diesel:----- -120.9p-----115.9p-----134.9p
LRP:------- -123.3p-----117.9p-----124.9p
Super:------125.7p-----116.9p-----139.9p
LPG:------- --64.8p------57.9p----- 69.9p

Exactly don't complain Americans

You are happy to live in the cheap country. :thumbsup

For example, here in Russia (the country which SELLS oil) the average price on gas is about $1 per liter or $3.8 per gallon.

When I was coming to the USA for traveling this year and was passing the border security control, some old and fat officer (what a stupid moron) has asked me if I earn enough money, because it's "very expensive to travel in the USA". It was VERY HARD to keep a slight smile on my face instead of falling down with a roar of laughter :1orglaugh

Gas prices go up EVERY summer.

you can start whining about gas prices when they go above $6/gallon - cause then you finally pay the same as the rest of the world

Gas prices have always gone up in July and August, this is nothing new.

what are you talkin about i would love to pay 1.88 for flippin gas we pay almost 3 thats why we are whining

Almost 3 per LITER of per GALLON? Can't you see the difference? Huh :eek7

There was a place just outside of the town I live in that changed their prices twice a day. They are in a prime spot and are the only gas station between an area where a lot of people live and the closest freeway that a lot of those people drive to in order to get to work. They got caught raising their prices for the morning and afternoon commutes. It actually became a pretty big scandal and they they were investigated.

From what I understand the local leaders told them that if they caught them doing that again they would file charges with the state and have the state attorney general investigate them. It was such a big deal here in town that they lost a lot of business and it really ended up biting them in the ass.

prices always go up in the summer when demand is at it's highest.

Did you just get your first car or something? Get used to it. Will happen around Labor Day as well.

no i just never payed it no mind but i think with this whole Bp oil spill we are goin to have to pay for it for sure

i know that i just think it is rediclous that they just keep on bringin the gas up i remember when gas was like 1.09 a gal what is it now

I shot this somewhere in America:

http://i48.tinypic.com/vfjtpw.jpg

http://i48.tinypic.com/23msg0o.jpg

Lucky bastards. I wish I could have same gas prices in MY OWN COUNTRY.

Price went down 2c while I was in line yesterday.

I'm ancitipating $1.50+ this summer for 94 octane gas here in Vancouver. I don't even know what that works out to per galon. Maybe 6 bucks?

I remember when gas was 86 cents a gallon, and I'm sure many on here remember when it was cheaper than that even.

Wow, you mean gas prices are going up during summer like every other year ever due to people traveling a lot more? :O

You know they say we also landed on that big white thing in the night sky? Pretty incredible.