GasBuddy Blog

GasBuddy News Article

votes

Oil takes a beating on lousy jobs report, $2.99 in SC!

GasBuddy Blog -- You might hear it on the evening news tonight. You might already be watching it on your computer. The price of crude oil took a beating today after a worse-than-expected jobs report showed far fewer jobs added to the economy than was expected. Couple that with more people leaving the work force, and its a recipe for disaster.

Oil prices are closing out the week at their lowest levels in months, and motorists all over the country will soon be enjoying falling gasoline prices, if they haven't been already. Even previous problems on the West Coast don't have much weight compared to a significant outlook on the economy like a jobs report. Sure, BP's Cherry Point, WA refinery is back online, but supply tightness lingers. Apparently that...

Read the Full Article

Submitted Jun 01, 2012 By: PD

Back To News

Category: GasBuddy Official Blog > Topics	Add to favorite topics Post New Topic

Author	Topic: Oil takes a beating on lousy jobs report, $2.99 in SC!	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First Prev

Next Last

Beboper Champion Author Virginia Posts:8,732 Points:2,164,765 Joined:Oct 2005	Message Posted: Jun 4, 2012 6:15:28 AM Ignore Beboper Report Abuse old news
Wizrd03 Champion Author Illinois Posts:8,157 Points:1,633,310 Joined:Oct 2008	Message Posted: Jun 4, 2012 6:15:26 AM Ignore Wizrd03 Report Abuse Oil needs to tank, much like our ecocnomy has to spur growth
rawdog1313 Champion Author Lexington Posts:3,309 Points:1,644,755 Joined:May 2008	Message Posted: Jun 4, 2012 6:15:13 AM Ignore rawdog1313 Report Abuse Regulate Oil Speculation!
cobbwebb Champion Author New Hampshire Posts:1,624 Points:546,120 Joined:Sep 2011	Message Posted: Jun 4, 2012 6:14:46 AM Ignore cobbwebb Report Abuse beat 'em some more!
RamboOn66 Champion Author Tampa Posts:5,316 Points:1,885,780 Joined:Jan 2006	Message Posted: Jun 4, 2012 6:14:00 AM Ignore RamboOn66 Report Abuse Not just here, it's worldwide.
jimmy544 Champion Author Boston Posts:4,123 Points:654,830 Joined:Feb 2011	Message Posted: Jun 4, 2012 6:13:44 AM Ignore jimmy544 Report Abuse Old news!!
Asbury09 Champion Author Iowa Posts:7,218 Points:1,531,280 Joined:Jan 2009	Message Posted: Jun 4, 2012 6:13:43 AM Ignore Asbury09 Report Abuse read on Friday
fxb1 Champion Author Louisiana Posts:2,533 Points:606,235 Joined:Mar 2011	Message Posted: Jun 4, 2012 6:13:22 AM Ignore fxb1 Report Abuse ok
peapaw Champion Author Ohio Posts:4,046 Points:689,745 Joined:Jun 2011	Message Posted: Jun 4, 2012 6:13:18 AM Ignore peapaw Report Abuse SPECULACTORS BEWARE!!
snarkysmarko Champion Author Baltimore Posts:3,073 Points:689,125 Joined:Nov 2010	Message Posted: Jun 4, 2012 6:13:17 AM Ignore snarkysmarko Report Abuse No duh!
SpruceGuse2 Champion Author Michigan Posts:9,739 Points:2,455,660 Joined:Mar 2006	Message Posted: Jun 4, 2012 6:12:17 AM Ignore SpruceGuse2 Report Abuse This is still the result of the last administration................
MVP1 Champion Author New York Posts:1,399 Points:1,515,015 Joined:Apr 2006	Message Posted: Jun 4, 2012 6:11:07 AM Ignore MVP1 Report Abuse Mixed emotions item...
SUPPER Champion Author San Bernardino Posts:2,477 Points:1,289,575 Joined:Dec 2004	Message Posted: Jun 4, 2012 6:10:23 AM Ignore SUPPER Report Abuse Old
lucky69 Champion Author Austin Posts:2,766 Points:1,469,440 Joined:May 2008	Message Posted: Jun 4, 2012 6:09:57 AM Ignore lucky69 Report Abuse nice early summer price break, for now...
daquanabe Champion Author Houston Posts:1,823 Points:374,875 Joined:Oct 2009	Message Posted: Jun 4, 2012 6:09:57 AM Ignore daquanabe Report Abuse keep droppin
HEBster Champion Author Kentucky Posts:8,793 Points:2,375,000 Joined:May 2006	Message Posted: Jun 4, 2012 6:09:08 AM Ignore HEBster Report Abuse Northern SC
PettyEddie2012 Champion Author New York City Posts:1,749 Points:350,340 Joined:May 2012	Message Posted: Jun 4, 2012 6:07:44 AM Ignore PettyEddie2012 Report Abuse My dog's breath smells like dog food
Hugo40 Champion Author Kentucky Posts:7,634 Points:1,618,955 Joined:Aug 2008	Message Posted: Jun 4, 2012 6:06:29 AM Ignore Hugo40 Report Abuse Another old news article.
pastorpaulcg Champion Author Virginia Posts:3,615 Points:775,785 Joined:Dec 2010	Message Posted: Jun 4, 2012 6:06:00 AM Ignore pastorpaulcg Report Abuse Ok
RUNNINONEMPTYFL Champion Author Florida Posts:1,408 Points:460,700 Joined:May 2011	Message Posted: Jun 4, 2012 6:05:18 AM Ignore RUNNINONEMPTYFL Report Abuse Here we go again...
jd2009 Champion Author Honolulu Posts:4,269 Points:1,312,680 Joined:Jan 2009	Message Posted: Jun 4, 2012 6:04:49 AM Ignore jd2009 Report Abuse Ok
radiorumor Champion Author Texas Posts:2,817 Points:754,835 Joined:Feb 2011	Message Posted: Jun 4, 2012 6:04:31 AM Ignore radiorumor Report Abuse Been here, did this
1958tomg Champion Author Kansas Posts:2,143 Points:547,065 Joined:Oct 2011	Message Posted: Jun 4, 2012 6:04:24 AM Ignore 1958tomg Report Abuse ok
gasman50 Champion Author Portland Posts:8,849 Points:2,410,460 Joined:Nov 2005	Message Posted: Jun 4, 2012 6:04:16 AM Ignore gasman50 Report Abuse Down baby, down.........
tribill Champion Author Twin Cities Posts:3,342 Points:2,340,460 Joined:Feb 2006	Message Posted: Jun 4, 2012 6:04:08 AM Ignore tribill Report Abuse Whatever....
crusader1975 Champion Author Louisiana Posts:1,136 Points:309,390 Joined:Apr 2008	Message Posted: Jun 4, 2012 6:02:53 AM Ignore crusader1975 Report Abuse Good news for the consumer
jpgilmor Champion Author Houston Posts:2,170 Points:604,925 Joined:Feb 2011	Message Posted: Jun 4, 2012 6:01:43 AM Ignore jpgilmor Report Abuse Yep!
40mpgsaturn Champion Author Wisconsin Posts:2,500 Points:522,380 Joined:Jun 2011	Message Posted: Jun 4, 2012 5:59:08 AM Ignore 40mpgsaturn Report Abuse Prices are still high,but we are .30 less than last year in WI!!!
dopster Champion Author Toledo Posts:7,281 Points:2,293,225 Joined:Aug 2004	Message Posted: Jun 4, 2012 5:58:28 AM Ignore dopster Report Abuse Another old story!
yvonneIL Champion Author Chicago Posts:3,724 Points:739,100 Joined:Apr 2011	Message Posted: Jun 4, 2012 5:58:25 AM Ignore yvonneIL Report Abuse ok
papagee55 Sophomore Author South Carolina Posts:202 Points:46,670 Joined:Mar 2008	Message Posted: Jun 4, 2012 5:58:05 AM Ignore papagee55 Report Abuse Slowly I turn, Step by step.. Oh, the drama..
Toppers Champion Author Atlanta Posts:9,022 Points:2,472,645 Joined:Mar 2005	Message Posted: Jun 4, 2012 5:57:59 AM Ignore Toppers Report Abuse Just outside S'burg...
albert2008 Champion Author Winnipeg Posts:7,357 Points:1,481,985 Joined:Sep 2008	Message Posted: Jun 4, 2012 5:56:53 AM Ignore albert2008 Report Abuse gas prices are remaining the same
ByGuy Champion Author Dallas Posts:7,853 Points:1,709,240 Joined:Nov 2005	Message Posted: Jun 4, 2012 5:56:04 AM Ignore ByGuy Report Abuse But we BO Admin claimed we were in in the summer of recovery (June 2009)!
studebaker1940 Champion Author Tampa Posts:2,515 Points:687,530 Joined:Mar 2011	Message Posted: Jun 4, 2012 5:55:44 AM Ignore studebaker1940 Report Abuse Just proves that oil prices have nothing to do with costs.They are set at whatever traffic will bare
Buck_on_Bass Champion Author Tennessee Posts:7,579 Points:1,457,035 Joined:Jul 2007	Message Posted: Jun 4, 2012 5:55:38 AM Ignore Buck_on_Bass Report Abuse Is the the Ground Hog Day movie or is news really slow? This is Friday's article.
stpetebp Champion Author Tampa Posts:6,227 Points:1,734,305 Joined:Nov 2007	Message Posted: Jun 4, 2012 5:54:50 AM Ignore stpetebp Report Abuse Are they starting to figure it out yet?
MikeMotorhead All-Star Author Detroit Posts:752 Points:528,755 Joined:Oct 2009	Message Posted: Jun 4, 2012 5:52:03 AM Ignore MikeMotorhead Report Abuse It's going down at the pump very slowly. This has been the new for weeks and we have dropped a few cents.
rosyLI Champion Author Long Island Posts:5,645 Points:1,069,805 Joined:Apr 2010	Message Posted: Jun 4, 2012 5:51:56 AM Ignore rosyLI Report Abuse So now we get lower gas but no jobs. Thanks for nothing Obama.
greenfog Champion Author Illinois Posts:6,500 Points:1,640,220 Joined:Feb 2008	Message Posted: Jun 4, 2012 5:50:58 AM Ignore greenfog Report Abuse down to 3.45 here, just hope it keeps dropping. as for beatings, the speculators are the ones that need beat!
TommyTraveler Champion Author Cincinnati Posts:8,684 Points:1,699,280 Joined:Nov 2007	Message Posted: Jun 4, 2012 5:49:44 AM Ignore TommyTraveler Report Abuse Good
BANKIS2 Champion Author Phoenix Posts:4,272 Points:915,530 Joined:Aug 2010	Message Posted: Jun 4, 2012 5:49:23 AM Ignore BANKIS2 Report Abuse good
rockymountman Champion Author Roanoke Posts:1,969 Points:403,610 Joined:Jul 2011	Message Posted: Jun 4, 2012 5:49:20 AM Ignore rockymountman Report Abuse ok
twiper1 Champion Author San Diego Posts:7,837 Points:1,607,035 Joined:Oct 2008	Message Posted: Jun 4, 2012 5:49:06 AM Ignore twiper1 Report Abuse not low enough
tcohio Champion Author Dayton Posts:2,717 Points:809,620 Joined:Oct 2008	Message Posted: Jun 4, 2012 5:49:03 AM Ignore tcohio Report Abuse won't help at the pump.. there will always be another excust to keep prices high.
Tanner_1 Champion Author Virginia Beach Posts:1,541 Points:458,640 Joined:Nov 2011	Message Posted: Jun 4, 2012 5:48:15 AM Ignore Tanner_1 Report Abuse Bring on the lower prices.
racerdj Champion Author Indianapolis Posts:9,820 Points:2,057,550 Joined:Jun 2003	Message Posted: Jun 4, 2012 5:47:30 AM Ignore racerdj Report Abuse We're ready for the lower prices at the pump.
tml721 Champion Author Columbus Posts:12,620 Points:2,391,500 Joined:Jul 2005	Message Posted: Jun 4, 2012 5:47:14 AM Ignore tml721 Report Abuse So where are the articals?? this is getting as old as a few we kept seeing last week
OldMan322 Champion Author Illinois Posts:5,160 Points:1,595,715 Joined:Jul 2008	Message Posted: Jun 4, 2012 5:47:03 AM Ignore OldMan322 Report Abuse Gas prices are still too high here
bigLtowing Champion Author Columbus Posts:2,844 Points:593,540 Joined:Aug 2011	Message Posted: Jun 4, 2012 5:46:49 AM Ignore bigLtowing Report Abuse ok
FFM Sophomore Author Twin Cities Posts:214 Points:1,057,575 Joined:Nov 2006	Message Posted: Jun 4, 2012 5:46:41 AM Ignore FFM Report Abuse The people at the pump are the ones taking a beating! The price at the pump needs to take a beating!
mreiff Champion Author Louisville Posts:5,356 Points:1,304,665 Joined:May 2009	Message Posted: Jun 4, 2012 5:46:36 AM Ignore mreiff Report Abuse I wish it were that low here, we weem to be stuck around $3.50.