Why Gas Prices Rise Faster Than They Fall

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I am concerned as to why I and other San Diegans pay a lot of money for a full tank of gas. It's so dispointing. Can we please just keep it at one constant rate rather than really making it hard on us?

Chandler Biddle of CA 3:29PM October 13, 2011

%I just paid $22.87 for an iPad2-64GB and my girlfriend loves her Panasonic Lumix GF 1 Camera that we got for $38.76 there arriving tomorrow by UPS. I will never pay such expensive retail prices in stores again. Especially when I also sold a 40 inch LED TV to my boss for $675 which only cost me $62.81 to buy. Here is the website we use to get it all from, BidsOut. cÓm

RoseAllan of IN 3:47PM August 16, 2011

I just paid $24,31 for an iPad2-64GB and my girlfriend loves her Panasonic GF 1 Camera that we got for $34,26 there arriving tomorrow by UPS. I will never pay such expensive retail prices in stores again. Especially when I also sold a 42 inch LED TV to my boss for $678 which only cost me $68,18 to buy. Here is the website we use to get it all from, CentSpace.com

John Daniels of FL 6:19AM August 16, 2011

Our Govenment lets them. See we have these things called Regulations. They are rules put in place to make sure buisness do things right, like not dumping toxic chemicals into the ground. Now, with Big Oil lobbying so hard, there is little to no chance that any regulation regarding pricing of gas will ever come to be. We have no choice in gasoline prices. Until we do (affordable electric car?) they can price it any way they want, and have a myriad of excuses for the price changes.

Gerr of MO 10:43AM August 15, 2011

Why do prices fall slower than they rise? Hmm. I'm going to do your job in one sentence, Patrick Dehaan. Watch this:

The oil industry's prices are founded at a basic level on commodities speculation which is artificially inflated and not based on reality, and consumers need gasoline for fuel because there is no alternative, creating a situation where the consumer can be fleeced repeatedly and over the long term by a bloated industry greedy for profits far above their margin.

Bam. Go to print.

JG of TX 3:26AM August 15, 2011

He comments on prices fall slower because gas stations need to recoup money spent for filling the in ground tanks at a higher price.

From what I've been told in the past is that prices jump so fast because they are raising the price to "replacement value" of the current stock they have in the tanks. If this is the case, then they are slow to drop prices it seems to me they're double dipping in a sense.

I feel like fingercuff... (something inserted in both ends).

junyr of IA 12:02AM August 15, 2011

Oh there is a text box to enter more text in. I thought my comment title answers the article title.

Whome of CA 10:22PM August 14, 2011

haha....you suckers...I bike to my work every day...result: better health, freedom from oil refineries and their tactics, environment friendly and MORE MONEY IN MY POCKET

Get rid of greedy oil companies, car manufacuters and car mechanics. Go biking!!

You can get a awesome bike for $200-300 which will sustain for 20-30 years with minimal repair.

george of OH 10:05PM August 14, 2011

All of the discressionary income for low wage earners are going to the oil companies. These are the families that buy washers, dryers, etc. but can't because they have to spend this money to get to work and back. The naked greed of the oil companies started the recession and they will bring this once powerful nation to its knees. Then they will get their just rewards. Also, where is the justification for the high price of diesel. Everything we use in our lives are brought to us by trucks.

Tony Paschal of NC 4:53PM August 14, 2011

That's long article to describe 'price gouging' and 'price fixing'.

Herb of FL 2:47PM August 14, 2011

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