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Gas prices see biggest jump of the year

CNN -- (CNN) -- Gas prices jumped 18 cents over the past two weeks, the biggest jump of the year, according to a survey published Sunday.

The average cost of a gallon of regular is $3.69 nationwide, the Lundberg Survey found.

That's nearly 8 cents higher than a year ago, but still 28 cents lower than it was in April of this year.

"Higher crude oil prices, higher corn-based ethanol prices, plus a spate of refinery and pipeline problems around the country combined" are behind the spike, said publisher Trilby Lundberg.

The U.S. drought is pushing up prices for all corn-based products.

It's impossible to predict what will happen with gas prices in the near future, Lundberg said. "The refinery and pipeline issues that have added to the price rise are certainly temporary in nature.

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Submitted Aug 13, 2012 By: aservant

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honda0105 Champion Author Tallahassee Posts:18,590 Points:1,606,595 Joined:Nov 2008	Message Posted: Aug 16, 2012 5:10:50 AM Ignore honda0105 Report Abuse duh on the jump. prices here are now the same as a year ago.
melvindale Champion Author Michigan Posts:1,438 Points:351,230 Joined:Jun 2011	Message Posted: Aug 14, 2012 11:21:49 AM Ignore melvindale Report Abuse I love when they call it news, but anyone could have observed it for themselves.
tomok Champion Author Portland Posts:32,935 Points:2,342,585 Joined:Aug 2006	Message Posted: Aug 14, 2012 4:26:56 AM Ignore tomok Report Abuse Gas prices see bigggest price jump and have gone up 10 cents every day, Big Oil can raise the price of fuel – because they can. Big oil is a monopoly so we pay more, more, more. Big Oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. 'Coming out of the closet' Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction and receive the huge federal tax income from oil. Barry's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the good paying jobs are Not there. Barry's economy is not improving but continues to hurt the population and the job numbers continues to be down – no matter how smoooooth talking Barry spins those numbers and he can spin them very well! People will still drive and buy fuel no matter what but it sure helps to have a job too! The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their personal benefit. How much will gas prices go up and they will rise, the trend is always up with fuel prices. The price at the pump needs to go down to $2/gallon, $3 to $3.50/gallon is Not the new low! Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost. The price of fuel at the pump is too high! 12/22/2012!
rbrowdersr Champion Author Detroit Posts:5,711 Points:1,816,910 Joined:Aug 2006	Message Posted: Aug 13, 2012 5:56:56 PM Ignore rbrowdersr Report Abuse I believe it.
A2J Champion Author Richmond Posts:3,065 Points:600,900 Joined:Aug 2011	Message Posted: Aug 13, 2012 5:37:21 PM Ignore A2J Report Abuse so far
bston Champion Author Oklahoma City Posts:1,805 Points:639,350 Joined:Mar 2011	Message Posted: Aug 13, 2012 3:09:07 PM Ignore bston Report Abuse Supply vs demand = greed
UC2 Champion Author Ventura Posts:1,305 Points:318,255 Joined:May 2010	Message Posted: Aug 13, 2012 1:22:56 PM Ignore UC2 Report Abuse you have'nt seen the BIG ONE yet!!!
SavinOnFuel Champion Author Gary Posts:1,966 Points:1,255,410 Joined:Nov 2007	Message Posted: Aug 13, 2012 1:21:21 PM Ignore SavinOnFuel Report Abuse I don't think so
58salty Champion Author Jacksonville Posts:6,594 Points:626,865 Joined:Aug 2011	Message Posted: Aug 13, 2012 12:20:32 PM Ignore 58salty Report Abuse This is WRONG! There is NOT a gas shortage. There are too many excuses to raise the cost to us. Big oil CEO's should be arrested for rape & murder. They are screwing us to death.
2granny Champion Author Michigan Posts:9,560 Points:1,463,330 Joined:Apr 2009	Message Posted: Aug 13, 2012 11:43:00 AM Ignore 2granny Report Abuse "Gas prices jumped 18 cents over the past two weeks, the biggest jump of the year, according to a survey." Our gas prices are up 51 cents in 6 days.
mageetp Champion Author British Columbia Posts:3,195 Points:623,705 Joined:Aug 2011	Message Posted: Aug 13, 2012 11:41:29 AM Ignore mageetp Report Abuse Would be nice if the prices would start dropping.
Ken2OD Champion Author Grand Rapids Posts:9,057 Points:1,969,015 Joined:Dec 2005	Message Posted: Aug 13, 2012 11:36:15 AM Ignore Ken2OD Report Abuse We're screwed if they do and screwed if they don't!
caddilac Champion Author Ontario Posts:16,588 Points:2,137,530 Joined:Apr 2007	Message Posted: Aug 13, 2012 11:33:11 AM Ignore caddilac Report Abuse .
mikesr100 Champion Author Sacramento Posts:3,878 Points:1,077,810 Joined:Apr 2008	Message Posted: Aug 13, 2012 11:32:32 AM Ignore mikesr100 Report Abuse Buy an Electric Car from Obummer Motors! Oh! That's right Obummer is destroying the coal fired generating plants so yo won't be able to recharge! Get a Bike!
ou812again Champion Author Cincinnati Posts:3,304 Points:667,110 Joined:Apr 2011	Message Posted: Aug 13, 2012 11:29:49 AM Ignore ou812again Report Abuse duh!
NanookAK Champion Author Anchorage Posts:7,235 Points:1,438,090 Joined:Nov 2007	Message Posted: Aug 13, 2012 11:29:13 AM Ignore NanookAK Report Abuse GREED rules.
truckguy115 Champion Author Orange County Posts:1,632 Points:221,225 Joined:Apr 2008	Message Posted: Aug 13, 2012 11:28:06 AM Ignore truckguy115 Report Abuse No shit. I never would have guessed it.
essel Champion Author Virginia Posts:2,698 Points:1,041,520 Joined:Nov 2007	Message Posted: Aug 13, 2012 11:27:58 AM Ignore essel Report Abuse ok
firefly09 Champion Author San Diego Posts:2,488 Points:714,770 Joined:Mar 2009	Message Posted: Aug 13, 2012 11:25:47 AM Ignore firefly09 Report Abuse No. Really?
tsgasprc Champion Author Colorado Posts:1,312 Points:359,840 Joined:Jun 2010	Message Posted: Aug 13, 2012 11:24:40 AM Ignore tsgasprc Report Abuse Artifically raised by speculators and oil executives who cause rumors & limit supply unnaturally. Ethanol is still much cheaper than oil but that market still needs development.
RapMassaG Champion Author Cincinnati Posts:2,611 Points:1,049,790 Joined:Oct 2008	Message Posted: Aug 13, 2012 11:23:51 AM Ignore RapMassaG Report Abuse Greedway states are jumping again today. $3.899(again) is the new price in Ohio.
Stevedog Champion Author Michigan Posts:3,838 Points:1,942,970 Joined:Jul 2006	Message Posted: Aug 13, 2012 11:22:41 AM Ignore Stevedog Report Abuse yes, gas prices are higher
smoketown Champion Author Cincinnati Posts:6,216 Points:1,378,975 Joined:Feb 2008	Message Posted: Aug 13, 2012 11:22:06 AM Ignore smoketown Report Abuse And the survey says.............
Toppers Champion Author Atlanta Posts:8,997 Points:2,467,770 Joined:Mar 2005	Message Posted: Aug 13, 2012 11:19:00 AM Ignore Toppers Report Abuse Yikes!
tutaw Champion Author Kentucky Posts:3,585 Points:839,820 Joined:Sep 2008	Message Posted: Aug 13, 2012 11:17:49 AM Ignore tutaw Report Abuse not good
eswi Champion Author Madison Posts:2,530 Points:680,455 Joined:Mar 2009	Message Posted: Aug 13, 2012 11:16:30 AM Ignore eswi Report Abuse OK
HEBster Champion Author Kentucky Posts:8,773 Points:2,371,100 Joined:May 2006	Message Posted: Aug 13, 2012 11:16:22 AM Ignore HEBster Report Abuse Jumpin' in KY
jorja13 Champion Author British Columbia Posts:1,092 Points:249,465 Joined:Aug 2008	Message Posted: Aug 13, 2012 11:12:55 AM Ignore jorja13 Report Abuse Gas here went up overnight last week by 8 cents/litre (30 cents/gallon)....it's now 133.9 or $5.07 US.
wshutton Champion Author Los Angeles Posts:1,657 Points:922,245 Joined:Mar 2009	Message Posted: Aug 13, 2012 11:11:27 AM Ignore wshutton Report Abuse Yes, but Romney's speculator friends are making more money. Isn't that all that matters?
amayne11 Champion Author Vancouver Posts:1,745 Points:497,030 Joined:Nov 2011	Message Posted: Aug 13, 2012 11:11:22 AM Ignore amayne11 Report Abuse bad news
alex395 Champion Author Louisville Posts:2,040 Points:276,085 Joined:Jan 2007	Message Posted: Aug 13, 2012 10:32:16 AM Ignore alex395 Report Abuse Goodbye Obama.
zeeflyers All-Star Author Pittsburgh Posts:677 Points:216,560 Joined:Feb 2012	Message Posted: Aug 13, 2012 9:56:05 AM Ignore zeeflyers Report Abuse No one want ethonal in our gas.
WestMichigan Champion Author Grand Rapids Posts:2,463 Points:552,815 Joined:Mar 2011	Message Posted: Aug 13, 2012 9:18:32 AM Ignore WestMichigan Report Abuse Get rid of ethanol
Clits All-Star Author Louisiana Posts:866 Points:257,040 Joined:Mar 2005	Message Posted: Aug 13, 2012 9:16:20 AM Ignore Clits Report Abuse It's a roller coaster BABY! Has been for many years
zaq001 Champion Author Atlanta Posts:3,965 Points:1,470,150 Joined:Oct 2008	Message Posted: Aug 13, 2012 9:11:23 AM Ignore zaq001 Report Abuse not a surprise. They won't fall until after Labor Day!
hok Champion Author Los Angeles Posts:1,370 Points:1,004,570 Joined:May 2008	Message Posted: Aug 13, 2012 9:10:36 AM Ignore hok Report Abuse √ Yes, indeed
RaginCajun68 All-Star Author Fort Worth Posts:860 Points:210,610 Joined:Sep 2005	Message Posted: Aug 13, 2012 8:57:49 AM Ignore RaginCajun68 Report Abuse Really? We should count our lucky stars.
flyfast Champion Author Kansas City Posts:9,233 Points:1,822,785 Joined:Jan 2008	Message Posted: Aug 13, 2012 8:55:33 AM Ignore flyfast Report Abuse MORE BS FOR PRICE TO GO UP
BudsterMO Champion Author Kansas City Posts:3,695 Points:701,005 Joined:Aug 2009	Message Posted: Aug 13, 2012 8:53:34 AM Ignore BudsterMO Report Abuse The blenders (big oil Companies) should switch over to Sugar Cane based ethanol at 35% cheaper than Corn based Ethanol which would significantly lower the cost of gas and diesel and pass those savings on to customers (us). The corn farmers can shift back to growing corn for people and animals to eat in abundance thereby lowering the price of corn based food.
skybiker Champion Author South Carolina Posts:7,282 Points:1,556,590 Joined:Jul 2008	Message Posted: Aug 13, 2012 8:44:53 AM Ignore skybiker Report Abuse Only a temporary spike!!!
greenfog Champion Author Illinois Posts:6,475 Points:1,636,095 Joined:Feb 2008	Message Posted: Aug 13, 2012 8:38:20 AM Ignore greenfog Report Abuse that is all BS, it was planned by big oil and speculators jumped on it to increase the price.
cssco Champion Author Virginia Posts:7,311 Points:1,748,605 Joined:Feb 2006	Message Posted: Aug 13, 2012 8:36:35 AM Ignore cssco Report Abuse The pig (big oil) is hungry and needs all of your spare resources.
96WAGON Sophomore Author Sacramento Posts:248 Points:18,670 Joined:Jul 2012	Message Posted: Aug 13, 2012 8:32:42 AM Ignore 96WAGON Report Abuse Ahh yes, "No Change" was the policy I was leaning towards...LMAO!!!
Costello Champion Author South Dakota Posts:1,396 Points:1,151,515 Joined:Jan 2007	Message Posted: Aug 13, 2012 8:31:50 AM Ignore Costello Report Abuse Again
dlzastera Champion Author Minnesota Posts:4,495 Points:1,020,420 Joined:Mar 2006	Message Posted: Aug 13, 2012 8:28:45 AM Ignore dlzastera Report Abuse No change untill Nov 2012.
ModelWarships Champion Author Missouri Posts:5,779 Points:1,229,160 Joined:Jul 2008	Message Posted: Aug 13, 2012 8:27:48 AM Ignore ModelWarships Report Abuse oh joy
96WAGON Sophomore Author Sacramento Posts:248 Points:18,670 Joined:Jul 2012	Message Posted: Aug 13, 2012 8:25:06 AM Ignore 96WAGON Report Abuse OK!! SO we've heard all the doomer & gloomer's reports on how Obama has somehow controlled gasoline prices. What is or will be Mitt's energy policy??
mh44s Champion Author Madison Posts:4,374 Points:1,687,040 Joined:May 2006	Message Posted: Aug 13, 2012 8:23:48 AM Ignore mh44s Report Abuse Drop the ethanol requirement. Gas prices jumped $.55 in the last 2 weeks.
treehood Champion Author San Diego Posts:2,029 Points:393,835 Joined:May 2011	Message Posted: Aug 13, 2012 8:23:41 AM Ignore treehood Report Abuse I'm not sure about you but all my costs have gone up. Taxes, food, clothing, utilities, maybe some electronics have gone down but I am not buying them everyday. I don't like paying more for fuel but I still believe it is a good price and I would rather have what I need at $4+ than have none at $1.50.
shea33 Champion Author Pensacola Posts:2,353 Points:540,015 Joined:Oct 2011	Message Posted: Aug 13, 2012 8:23:14 AM Ignore shea33 Report Abuse ok