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Gas Buddy: Gas Prices

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North Carolina (News Release)Average retail gasoline prices in North Carolina have fallen 2.0 cents per gallon in the past week, averaging $3.88/g yesterday. This compares with the national average that has fallen 1.4 cents per gallon in the last week to $3.89/g, according to gasoline price website NorthCarolinaGasPrices.com.

Including the change in gas prices in North Carolina during the past week, prices yesterday were 13.6 cents per gallon higher than the same day one year ago and are 10.3 cents per gallon higher than a month ago. The national average has increased 9.1 cents per gallon during the last month and stands 9.3 cents per gallon higher than this day one year ago.

"The only thing I remain sure of with gasoline prices is that things will remain quite volatile the next four to six weeks," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Spot prices, a leading factor in retail gasoline prices, continues to swing wildly from region to region. Last week we saw a refinery fire on the West Coast drive up spot prices nearly instantaneously, an event that could occur in virtually any area. It's these events, the unforeseeable reaction, that gives me reason to say that prices may continue to swing upward and downward," DeHaan said.

GasBuddy operates NorthCarolinaGasPrices.com and over 250 similar websites that track gasoline prices at over 140,000 gasoline stations in the United States and Canada. In addition, GasBuddy offers a free smartphone app which has been downloaded over 20 million times to help motorists find gasoline prices in their area.

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In related news...

President Obama forgot to blame former President Bush for the dropping fuel prices. White House Press secretary Robert Gibbs stated that it was merely an oversight and he would insert the standard answer into his next speech.

"Reverse News"

Jeez Louise...just when we've been told gas prices are on the rise! Think someone wants us to hurry to buy gas? #%(^(^)^%$#$@$@#&*)(*!!!
Someone at Screen Gems (here's a freebie for you writers) needs to do a sitcom series called "Reverse News", and play out "weekly" all the big events in our news...local or national...that are reported on in respect of "This is what's going to happen now Folks"...then follow up on the very next show about how "all predictions" went "REVERSE" of the original stories.
Henceforth..."Reverse News". And here are some examples:
Week 1. "Middle East Crisis...gas prices will sky rocket!!"
Week 2. "The oil companies today reported a drop in revenue in sales...and gas prices have come down 4 cents on the gallon since last week".
Week 3. "Wilmington,NC will build a new baseball field in an attempt to better their infrastructure in today's competitive marketing".
Week 4. "Wilmington City Council will now hire an outside agency to really see if a baseball field can work by not using tax payer's money. Maybe the tax payers will flip some of the bill for Council's idea of a new play toy that the city residents can not afford".
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Someone else add their weekly ideas...Screen Gems awaits you!