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Oil... and March Madness

GasBuddy Blog -- March Madness is upon us. Not only are there more basketball games than I can take in for an entire year in the next few weeks, but there have been and will continue to be rising gas prices. March Madness basketball is a tradition to many across America, but are rising gasoline prices each spring as well known? They could be- rising gas prices aren't new, and have increased every year during this time. Some years we see huge "upsets" in gas prices that no one was able to predict, but if we're scoring brackets (or should I say gas price predictions), I'm still feeling comfortable half way through the first twenty minutes.

Spring time gas price increases are predicted by many analysts and prices are likely influenced by a majority of...

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Submitted Mar 19, 2010 By: PD

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OHMS Champion Author Orange County Posts:7,786 Points:873,885 Joined:May 2005	Message Posted: Mar 22, 2010 2:33:44 PM Ignore OHMS Report Abuse influenced by a majority of......same story; different day
skybiker Champion Author South Carolina Posts:3,182 Points:627,685 Joined:Jul 2008	Message Posted: Mar 20, 2010 11:34:22 AM Ignore skybiker Report Abuse Any excuse to raise crude prices...Liars figure and Figures lie.....
honda0105 Champion Author Tallahassee Posts:10,150 Points:591,800 Joined:Nov 2008	Message Posted: Mar 20, 2010 9:20:39 AM Ignore honda0105 Report Abuse I don't think it's March Madness (i.e. basketball) but it's funny how the price increase seems to be happening about the same time every year. And that coupled with some really strange cracking unit fires. Hmmmm... anyone smell a dead hyper ueber sized dead rat here?
honda0105 Champion Author Tallahassee Posts:10,150 Points:591,800 Joined:Nov 2008	Message Posted: Mar 20, 2010 9:19:34 AM Ignore honda0105 Report Abuse so, what else is Obams's fault, FlyNFool? I'm sure you can come up with 10,000+ more faults, right?
FlyNFool Champion Author South Carolina Posts:3,381 Points:684,670 Joined:Aug 2008	Message Posted: Mar 20, 2010 8:02:33 AM Ignore FlyNFool Report Abuse It's still Obamas fault!
9C1 Champion Author Chicago Posts:17,479 Points:3,240,070 Joined:Jul 2001	Message Posted: Mar 20, 2010 7:59:48 AM Ignore 9C1 Report Abuse Gas price increase due to basketball? That's a new one.
Metroman Champion Author Philadelphia Posts:8,166 Points:1,616,725 Joined:Aug 2003	Message Posted: Mar 20, 2010 7:50:13 AM Ignore Metroman Report Abuse So, now March Madness is afeecting the oil prices?
Robert44 Champion Author Columbus Posts:2,832 Points:734,965 Joined:Mar 2004	Message Posted: Mar 20, 2010 7:49:43 AM Ignore Robert44 Report Abuse Only connection I see is they happen about same time of year.
EXTREMESNOW Champion Author Medford Posts:4,316 Points:912,185 Joined:Jul 2006	Message Posted: Mar 20, 2010 7:46:57 AM Ignore EXTREMESNOW Report Abuse We all know the different times of year the gas prices spike, holidays, etc... Any body could predict gas price increases in the spring and more price hikes in the summer. We also know they jack it 10 cents and lower it 3 cents to make us feel better. It all seems like a game we have play until electric vehicles are more viable.
mmene Champion Author Houston Posts:2,378 Points:547,820 Joined:May 2008	Message Posted: Mar 20, 2010 7:46:38 AM Ignore mmene Report Abuse If everyone cuts their consumption it will surely bring prices down eventually.
WIPACKERFAN Champion Author Chicago Posts:3,748 Points:839,460 Joined:Aug 2005	Message Posted: Mar 20, 2010 7:45:47 AM Ignore WIPACKERFAN Report Abuse Old news.
bumpygas Champion Author Nebraska Posts:3,318 Points:920,975 Joined:Oct 2007	Message Posted: Mar 20, 2010 7:44:01 AM Ignore bumpygas Report Abuse The oil industry is and has been running up the score. Sooner or later the consumer will make them pay for their greed.
njerald Champion Author Seattle Posts:2,698 Points:628,830 Joined:Oct 2007	Message Posted: Mar 20, 2010 7:39:29 AM Ignore njerald Report Abuse Yawn............
Maintroll Champion Author Lexington Posts:3,493 Points:685,385 Joined:Aug 2008	Message Posted: Mar 20, 2010 7:39:01 AM Ignore Maintroll Report Abuse Kentucky all the way, down with gas and oil all the way.
repeater1 Champion Author Kansas Posts:3,261 Points:1,364,920 Joined:Oct 2005	Message Posted: Mar 20, 2010 7:37:55 AM Ignore repeater1 Report Abuse BIG stretch to connect the dots on this one.
TommyTraveler Champion Author Cincinnati Posts:3,489 Points:682,430 Joined:Nov 2007	Message Posted: Mar 20, 2010 7:36:55 AM Ignore TommyTraveler Report Abuse Any excuse will work to gouge us a few cents on the gallon.
Don20 Champion Author Oklahoma City Posts:4,549 Points:1,608,470 Joined:Mar 2005	Message Posted: Mar 20, 2010 7:36:11 AM Ignore Don20 Report Abuse Its all about how much you can squeeze out of the public, with higher than normal gas price. Must be GREED to all involved with the oil....
I10Express Champion Author San Antonio Posts:3,508 Points:623,720 Joined:Nov 2008	Message Posted: Mar 20, 2010 7:34:04 AM Ignore I10Express Report Abuse Still a stretch to get b-ball and gas analogies going unless you want to talk about running up the score.
braves89 Champion Author Chicago Posts:2,560 Points:618,795 Joined:Apr 2008	Message Posted: Mar 20, 2010 7:29:33 AM Ignore braves89 Report Abuse all about GREED
tazdriver Champion Author Huntsville Posts:4,892 Points:1,152,250 Joined:Jan 2007	Message Posted: Mar 20, 2010 7:27:46 AM Ignore tazdriver Report Abuse More malarkey
gabbygusIN Champion Author Indiana Posts:2,180 Points:557,725 Joined:Oct 2008	Message Posted: Mar 20, 2010 7:26:30 AM Ignore gabbygusIN Report Abuse We can thank the speculators for the price increases!@!
Hazelnut Champion Author Greensboro Posts:1,816 Points:734,680 Joined:Sep 2003	Message Posted: Mar 20, 2010 7:25:29 AM Ignore Hazelnut Report Abuse Obama wants to be the world leader and he is going to make gasoline priced on par with the world at around $5 to $7 per gallon soon.
nerde Champion Author Florida Posts:1,129 Points:325,115 Joined:Jul 2009	Message Posted: Mar 20, 2010 7:24:41 AM Ignore nerde Report Abuse Supply and demand. The prices go up most often, regardless.
wizzard1222 Champion Author St. Louis Posts:3,514 Points:1,305,540 Joined:Mar 2006	Message Posted: Mar 20, 2010 7:23:09 AM Ignore wizzard1222 Report Abuse sports fans will travel....
Lengas Champion Author Gary Posts:8,171 Points:1,701,730 Joined:Nov 2004	Message Posted: Mar 20, 2010 7:17:20 AM Ignore Lengas Report Abuse No association with the two
TallSteve Champion Author Dayton Posts:2,662 Points:541,250 Joined:Nov 2006	Message Posted: Mar 20, 2010 7:17:00 AM Ignore TallSteve Report Abuse Thanks to Sam's Club for keeping prices 'lower' in the Dayton area. Most all other stations in the area are priced between $2.75 - $2.79/gallon, and I just filled up at Sam's Club for $2.62. I'd rather be paying $2.50 or less, but I'll take my savings wherever I can get them.
jb107 Champion Author New Jersey Posts:4,498 Points:1,607,395 Joined:Sep 2005	Message Posted: Mar 20, 2010 7:16:47 AM Ignore jb107 Report Abuse Let's remember to conserve. To many people have decided that this is the new gas price like they did in the 70's.
NotTom Champion Author New Hampshire Posts:2,318 Points:714,240 Joined:Aug 2005	Message Posted: Mar 20, 2010 7:16:40 AM Ignore NotTom Report Abuse yes that is true
yukonjack Champion Author Georgia Posts:4,224 Points:1,112,195 Joined:Oct 2004	Message Posted: Mar 20, 2010 7:15:03 AM Ignore yukonjack Report Abuse Interesting analogy. I fear it's going to be a rout with gas prices soaring in the next few months with little defense to slow them down.
SSchmidty Champion Author Illinois Posts:4,129 Points:783,420 Joined:Mar 2008	Message Posted: Mar 20, 2010 7:14:30 AM Ignore SSchmidty Report Abuse Pig-oil & friends are not OUR buddys. Not eve with the same outlook towards the concept of "supply & demand", simply put they squint their eyes, close their minds and raise prices regardless the conditions BY restricting the product flow through their distribution system!!!!
katiejayWV Champion Author West Virginia Posts:1,114 Points:344,860 Joined:Nov 2008	Message Posted: Mar 20, 2010 7:14:02 AM Ignore katiejayWV Report Abuse Oil and March madness are a pretty weak comparison.
mackconsult Champion Author Portland Posts:1,111 Points:244,780 Joined:Jan 2009	Message Posted: Mar 20, 2010 7:12:42 AM Ignore mackconsult Report Abuse Its going up ..... more of my effort going into WVO and biodiesel.
eddyp94 Champion Author Ontario Posts:3,971 Points:831,785 Joined:Mar 2008	Message Posted: Mar 20, 2010 7:10:51 AM Ignore eddyp94 Report Abuse gas prices will keep climbing because of the taxes they keep putting on it...
maske_2222 Champion Author Manitoba Posts:2,924 Points:607,560 Joined:Oct 2008	Message Posted: Mar 20, 2010 7:10:00 AM Ignore maske_2222 Report Abuse Always go up at summer time.
hauler43 Champion Author Oakland Posts:4,648 Points:1,818,210 Joined:Sep 2003	Message Posted: Mar 20, 2010 7:09:35 AM Ignore hauler43 Report Abuse Prices here in some SF Bay Area cities are already and have been over $3.00 for some time now.
Badmoon Champion Author Massachusetts Posts:3,151 Points:637,415 Joined:Oct 2008	Message Posted: Mar 20, 2010 7:06:56 AM Ignore Badmoon Report Abuse Higher summer prices is something we've come to live with but this could be the upset year.
Zuman Champion Author New York Posts:1,314 Points:926,415 Joined:May 2005	Message Posted: Mar 20, 2010 7:06:18 AM Ignore Zuman Report Abuse I'm sure if the feds take over the oil industry every thing will be sunshine and lollipops...........
CSharpGuy Champion Author Colorado Springs Posts:4,363 Points:887,035 Joined:Jan 2008	Message Posted: Mar 20, 2010 7:05:28 AM Ignore CSharpGuy Report Abuse We have mad people running the government too. No wonder the speculators believe they can get away with jacking up the price.
gasman50 Champion Author Portland Posts:3,724 Points:1,397,090 Joined:Nov 2005	Message Posted: Mar 20, 2010 7:04:24 AM Ignore gasman50 Report Abuse Up, down.....up, down.....who knows where prices will be next week?
ssect8 Champion Author Hartford Posts:2,897 Points:1,185,450 Joined:Jun 2006	Message Posted: Mar 20, 2010 7:03:12 AM Ignore ssect8 Report Abuse There is always a reason to raise gas prices.
jdhelm Champion Author Iowa Posts:1,205 Points:183,690 Joined:Dec 2009	Message Posted: Mar 20, 2010 7:01:58 AM Ignore jdhelm Report Abuse I drove from western Iowa yesterday. When I left, gas prices had already risen 10 cents and as I checked the prices at GasBuddy for Des Moines, most all "plus" prices in Des Moines (plus is called mid-grade on this forum - but never ever at any station that I've ever seen since the arrival of plus in the 1970's) were still at $2.599. But an hour and a hlaf later when we got to Des Moines, the price at all the stations we could see from I-80, had changed to $2.699 - except for one, and that was the Flying J truck stop in Clive, Iowa at I-80 and Hickman Road exit. Anyhow - also good luck and congrats to the Hawks for nailing down heir 23rd. Hope the Cyclones can take 2nd et. Oh yah, March Madness and prices - go Panthers - boo to prices.
DWME Champion Author Indiana Posts:1,113 Points:215,775 Joined:Aug 2009	Message Posted: Mar 20, 2010 7:01:21 AM Ignore DWME Report Abuse Thank you for the bad news! Nothing personal. It is inevitable that prices will rise and the speed at which prices rise will be determined be the factors you've mentioned. The futility.
Ticoman54 Champion Author Miami Posts:2,473 Points:553,835 Joined:Oct 2008	Message Posted: Mar 20, 2010 6:58:22 AM Ignore Ticoman54 Report Abuse In the end, springtime is simply another excuse to gauge the public and raise prices.
kyrunner Champion Author Lexington Posts:3,727 Points:686,110 Joined:Aug 2008	Message Posted: Mar 20, 2010 6:57:29 AM Ignore kyrunner Report Abuse We always have price increase of at least $0.10 at a time but the decrease is always $0.01 at a time. We jumped up $0.13 on Wednesday (just happened to be the start day of the Kentucky High School Basketball Tourney here in Lexington)and have dropped $0.02 in 2 days. Curious to see if after tourney ends Saturday night if prices fall again!
my2002m Champion Author Tulsa Posts:1,132 Points:661,065 Joined:Jul 2008	Message Posted: Mar 20, 2010 6:55:05 AM Ignore my2002m Report Abuse This is a pointless article.
Gassed01 Champion Author Toronto Posts:1,616 Points:816,225 Joined:Jan 2006	Message Posted: Mar 20, 2010 6:54:01 AM Ignore Gassed01 Report Abuse Prices here this week - up one day, down the next, up again, then down. I think the longer term trend is up.
Sir William Champion Author San Diego Posts:7,772 Points:1,480,410 Joined:Jun 2004	Message Posted: Mar 20, 2010 6:49:28 AM Ignore Sir William Report Abuse My station went down $0.02 to $2.899 day before yesterday.
beachbumCA Champion Author Riverside Posts:3,869 Points:729,870 Joined:May 2008	Message Posted: Mar 20, 2010 6:47:00 AM Ignore beachbumCA Report Abuse Going up a penny at a time.
BillHeatherL Champion Author Alberta Posts:2,634 Points:956,080 Joined:Apr 2007	Message Posted: Mar 20, 2010 6:45:22 AM Ignore BillHeatherL Report Abuse any excuse to raise prices
lindact Champion Author New Haven Posts:3,814 Points:748,565 Joined:May 2008	Message Posted: Mar 20, 2010 6:44:30 AM Ignore lindact Report Abuse Conservation is a necessity.