In early morning travel I saw gas priced at

[Beachnutt]

$2.74 in Dallas Tx wal mart also in Anna Tx wal mart gas is $2.64.
Our President is doing a GREAT JOB.

[3Hotdogs]

1. 3.19 at Costco. 3.37 at Wawa.

New Jersey

[empedocles]

3. Costco, in NoVa, usurally the fastest to go down.$2.99 last week.

Falling gas prices not mentioned in 'record inflation' news lately.

[Lovie777]

2. I think I heard it went down at least 2% here in Southern California . . .

$4.79 around about that.

[ProfessorGAC]

4. In Our Town...

...the Circle K had prices fall every few days since around a week before Thanksgiving.
I got gas a couple days ago, and the listed price was $3.09. (I have the Circle K card, so I pay 6¢ less).
The other 4 stations in town were similar but they've been 5-8¢ higher.
Yesterday, they went up 3¢. First increase in nearly a month.

[durablend]

5. Around here (central PA)

Only ones with any real movement over the past month have been BJs, Sams, Costco and Walmart. Everyone else pretty much stuck where they've been. Still think the pipelines and terminals are pocketing the difference and trying to make Biden look bad in the process.

[Scrivener7]

6. Funny how that is totally absent from the news, though the price increases were everywhere.

Honestly, I'm so tired of the media.

I hope the recent analysis that shows them how unfair they are will change something, but I doubt it will.

[True Blue American]

23. You listen to John Avalon give facts on CNN?

Some are admitting the media has treated Biden worse than Trump. Fear is their power and with prices falling. They keep giving CBO warnings. They are wrong 4/5ths of the time. Have to revise every month.

Gas fell from $3.29 to $2.91. Probably lower now.

[Norbert]

7. Filled up for $2.669 in Cincinnati on Thursday.

then went to a CROWDED Meijer to pick up some things. Imagine how packed it would be if the economy wasn't 'sluggish'.

[CountAllVotes]

8. Still $4.99/gallon in northern Calif.

And yeah, it sucks!

[lark]

9. $3.29 at Racetrak (cheaper gas) yesterday for premium.

It was $2.79 a month or so ago.

[liberal N proud]

10. Meanwhile, CBS News says gas prices are soaring

I was watching CBS this morning and they were all doom on the economy and said gas prices are soaring. Where have these people been?

[Lonestarblue]

11. I wonder how much of the inflation is due to predatory pricing versus shortages.

US corporations pursue more and more profits for their shareholders and big bonuses for top executives to the exclusion of all else. Lax enforcement over the years has meant that some corporations have virtual monopolies and can raise prices at will without worrying about competition. Take insulin. I listened to an interview yesterday in which the speaker said that insulin prices have increased more than 700% in the last few years—for a product that is nearly a hundred years old! The Epipen is another example of predatory pricing.

Climate warming has caused some real shortages, especially for food. If people don’t wake up to the future ravages of a warming planet, we may find ourselves in permanent inflation for food as it becomes scarce.

[Rebl2]

13. Think you

are right on with the predatory pricing.

[OhZone]

26. I'm still not seeing any shortages of anything in NJ.

Gas is slowly coming down too.

[Rebl2]

12. Where I am

gas had dropped at a station near me to 2.75. Yesterday it had gone back up to 2.82😐

[Loki]

14. KCMO area

and gas prices have been dropping over the past week. $2.68 yesterday at Philips 66 Temp Stop out where I live and we are usually 3-5 cents higher because of our city's tax rate. Thank you Joe!

[ecstatic]

15. Yesterday I think it was 3.19, but I used my 20 cents

off per gallon from Kroger. Also, anyone with T-Mobile should take advantage of the ongoing T-Mobile Tuesdays promotion with Shell. I think it's around $0.25 off per gallon but I'm not sure.

[packman]

16. Amazing - On Wed. gas at $3.35/ Thur. at $2.88???

What the hell? Who or what is causing this mad swing in prices?

[paleotn]

21. Supply.

If it spikes, prices often plunge. Opposite as well. People who buy and sell oil and gas looking for a new, post pandemic recession equilibrium. Bit of a roller coaster ride until things smooth out.

[George II]

17. After being stable around $3 most of the summer, it went up to about $3.50 in late Sept, then...

...a couple of weeks ago started dropping again.

As many predicted, it would only be temporary.

[DownriverDem]

18. Except

every day the MSM are reporting stories that are negative to Biden and the Dems.

[Ron Green]

19. We live in a country where political success is measured by

cheap gasoline.

God help us.

[paleotn]

20. He is, but really this is supply chains doing what they do....

Biden has little control of short term prices of global commodities other than symbolic acts like tapping strategic reserves. Supply follows prices. If there's short term, windfall profits to be made, supply will naturally increase, eventually lowering prices.

[Master_Monstruwacan]

22. I live in southwestern PA (pure Trump* country)

and there are no signs of gas prices decreasing here, unfortunately. Holding steady for weeks at $3.56.

[durablend]

27. Mhmm

You tell me there isn't something else going on here.

[totodeinhere]

24. Yes, our president is doing a great job.

And his polling numbers will surely uptick as time goes by. But in fairness, presidents don't have much direct control over gas prices. I remember not long ago reading at DU that high gas prices were not the president's fault. Which was very true. But we can't have it both ways. If the higher prices were not his fault then lower prices may not be to his credit either. Yes he did authorize a release from the strategic oil reserve, but that's about all he can do. Gas prices have more to do with world market forces.

[Cozmo]

25. Yeah, but what does MSM have to say about it?

[live love laugh]

28. Price plummets coincided w/announced FTC investigations.

They are down .50 to.70 in my area.

Thanks President Biden!