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GasBuddy News Article

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votes
Oil Settles At Highest Level Of The Month

Market WatchPulse -- Oil futures climbed more than 1% Thursday, as weakness in the dollar, easing worries over the euro zone and better-than-expected U.S. data combined to lift prices to their highest settlement of the month. April crude tacked on $1.13, or 1.3%, to settle at $91.56 a barrel on the New York Mercantile Exchange. Natural-gas futures rallied to its highest level of the year after government data showed a larger drop in last week's supplies than expected. April natural gas rose 11 cents, or 3.2%, to end at $3.58 per million British thermal units. That was the highest settlement for a front-month contract since December, according to FactSet.



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Submitted Mar 08, 2013 By: RENEGADEGAS
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil Settles At Highest Level Of The Month Back to Topics
REPLIES (newest first) Post a Reply
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tomok
Champion Author Portland

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Points:2,921,685
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Message Posted: Mar 13, 2013 2:17:20 AM

Oil Settles At Highest Level Of The Month and why should fuel prices at the pump go down!
Fuel prices at the pump will not go down anytime soon with this crappy economy.
Big Oil and Big Gas sells fuel and natural gas on the world market for higher prices.
The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! The price at the pump needs to go down to $2/gallon ----- *$3, *$3.50/gallon or *$4.00 is Not the new low!
More Refineries are Not the answer, Stop exporting fuel is!
Take care of the domestic fuel market first before exporting and selling our fuel or oil!
'Coming out of the closet' Sneeky's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper socialist economy, the jobs are Not here. Sneeky's socialist economy is Not improving but continues to hurt the population and the job numbers continue to be down!
Drive vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money.
The price of fuel at the pump is too high!
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honda0105
Champion Author Tallahassee

Posts:22,722
Points:2,186,040
Joined:Nov 2008
Message Posted: Mar 11, 2013 6:01:32 AM

specutraitors driving prices up again.
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Yetie
Veteran Author Las Vegas

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Message Posted: Mar 9, 2013 9:33:43 AM

Really!!!
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otherdave
Champion Author Indiana

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Joined:Oct 2008
Message Posted: Mar 9, 2013 7:08:41 AM

ok
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52MPG
Champion Author Dayton

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Joined:Apr 2006
Message Posted: Mar 9, 2013 4:55:36 AM

The Month is only a week old.
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1Dragon2012
Rookie Author Orange County

Posts:93
Points:61,250
Joined:May 2012
Message Posted: Mar 9, 2013 2:28:30 AM

They's play all games on our consumers, Make all our money!!
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tclbbs
Champion Author Columbus

Posts:1,976
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Joined:Jan 2002
Message Posted: Mar 9, 2013 1:54:34 AM

I like you 5Golfer8!!! Best post I have seen today!
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MAC48
Champion Author Dallas

Posts:3,266
Points:1,283,615
Joined:Dec 2006
Message Posted: Mar 9, 2013 12:58:57 AM

the speculators, a.k.a. investors, need to be barred from trading in crude oil, products refined from crude oil and natural gas future contracts period.
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rahcat
Champion Author Grand Rapids

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Message Posted: Mar 9, 2013 12:26:00 AM

Wait until June.
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lowspeed
Champion Author Akron

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Message Posted: Mar 9, 2013 12:25:39 AM

Another reason to raise fuel prices
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pa79th
Champion Author Pennsylvania

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Message Posted: Mar 9, 2013 12:25:16 AM

That's sure to drive the prices up! Haven't seen anything yet that drives them down.
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crreed1
Champion Author West Virginia

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Message Posted: Mar 9, 2013 12:22:35 AM

OLD NEWS
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Tsunamiron
Champion Author Jacksonville

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Message Posted: Mar 9, 2013 12:21:06 AM

Gas prices will go up another 30¢ or so soon enough.
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EVBuddy
Champion Author Nevada

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Message Posted: Mar 9, 2013 12:18:21 AM

Don't believe it
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tedjm1
Champion Author New York

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Message Posted: Mar 9, 2013 12:17:35 AM

Okay.
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FrankLee1
All-Star Author Minnesota

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Message Posted: Mar 9, 2013 12:15:41 AM

hmm
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granitestater
Champion Author New Hampshire

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Message Posted: Mar 9, 2013 12:15:21 AM

No help from Obama.
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mcbrownie220
Sophomore Author Toledo

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Joined:Jun 2012
Message Posted: Mar 9, 2013 12:13:02 AM

ok
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PrinceLH
Champion Author Ontario

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Message Posted: Mar 9, 2013 12:11:53 AM

The manipulation continues!
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yyc2yow
Champion Author Ottawa

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Message Posted: Mar 9, 2013 12:11:41 AM

whats new
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Rageagainsttm
Champion Author Tampa

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Message Posted: Mar 9, 2013 12:11:36 AM

Highest so far.
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obimerrill
Champion Author Cincinnati

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Message Posted: Mar 9, 2013 12:10:14 AM

Ouch...so as prices won't be far behind
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DrLyon
Champion Author Michigan

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Message Posted: Mar 9, 2013 12:08:07 AM

Now settle lower...
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SteelPenny
Champion Author Dallas

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Message Posted: Mar 9, 2013 12:07:39 AM

The month is young.
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txkrb
Champion Author Texas

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Joined:May 2011
Message Posted: Mar 9, 2013 12:07:25 AM

it has only been six days ticoman
and it is still down $4 from a month ago
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Bubba44612
Champion Author Ohio

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Message Posted: Mar 9, 2013 12:07:19 AM

Speculators are back and need a raise.
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MidNJ
Champion Author New Jersey

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Message Posted: Mar 9, 2013 12:07:00 AM

Another of Renegade's article that was voted up to the top.

WOW!!!

52 votes so far.
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yakstar
Champion Author Montreal

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Message Posted: Mar 9, 2013 12:06:52 AM

and what am I supposed to do about it?
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Focus2
Champion Author Illinois

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Points:2,101,190
Joined:Mar 2006
Message Posted: Mar 9, 2013 12:06:40 AM

So now we are seeing natural gas on the stock market and rising in price!
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N5EXY
Champion Author Austin

Posts:7,986
Points:2,084,445
Joined:Jul 2004
Message Posted: Mar 9, 2013 12:06:15 AM

Now, that is a rather topsy-turvy headline. Settling does not imply a peak. And GasBuddy sold? I don't buy either one.
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JasTheAce
Champion Author Raleigh

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Message Posted: Mar 9, 2013 12:04:41 AM

whatever
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HEBster
Champion Author Kentucky

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Message Posted: Mar 9, 2013 12:04:35 AM

Wait till summer!
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Ticoman54
Champion Author Miami

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Message Posted: Mar 9, 2013 12:03:47 AM

So a day or two it was at its'lowest point level due to abundant supply, which has existed for the past several years and now they find multiple reasons to increase pricing to its' highest level of the month... amazing!!!
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jetskijerry
Champion Author North Carolina

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Message Posted: Mar 9, 2013 12:03:45 AM

crooks
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Tigrelily
All-Star Author Illinois

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Message Posted: Mar 9, 2013 12:02:23 AM

Gasbuddy sold?? What will that mean for us?
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Toppers
Champion Author Atlanta

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Joined:Mar 2005
Message Posted: Mar 9, 2013 12:00:30 AM

& it's only March!
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txkrb
Champion Author Texas

Posts:2,563
Points:1,148,765
Joined:May 2011
Message Posted: Mar 9, 2013 12:00:11 AM

Problem is oil was up only .39 today
there have only been 6 trading days this month and it is up about 10 cent from March 1st
and is down over $4 from a month ago
Sorry excuse for journalism



[Edited by: txkrb at 3/9/2013 12:01:24 AM EST]
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clermont40miles
Champion Author Cincinnati

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Points:2,342,670
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Message Posted: Mar 8, 2013 11:58:09 PM

Thanks to MidNJ for info that GasBuddy is SOLD. Confirmed.

see...
http://www.pehub.com/189084/opis-buys-gasbuddy/

----
Oil Price Information Service has acquired mobile app and website GasBuddy. Terms of the deal were not disclosed. GasBuddy is an app that helps consumers find cheap gas prices.

PRESS RELEASE
Oil Price Information Service (OPIS) has acquired GasBuddy, the mobile app and website relied on by more than 26 million motorists to pinpoint the most comprehensive and accurate gasoline prices at service stations and convenience stores across the U.S. and Canada.

“Through our combined resources, consumers will have the very best retail fuel prices, tools and information to save money at the pump,” said OPIS CEO Brian Crotty. “I look forward to working shoulder-to-shoulder with Dustin Coupal and Jason Toews, co-founders of GasBuddy, and their talented staff,” he added.

“We are excited to gain access to OPIS’s enormous database of spot and wholesale gasoline prices and OPIS’ award-winning daily news wire,” said GasBuddy co-founder Jason Toews. “That access will further enhance GasBuddy’s ability to alert consumers to retail gasoline and diesel price changes in the marketplace.”

OPIS will also accelerate investment in GasBuddy’s “OpenStore” software, which enables convenience stores to reach their customers with highly targeted value offerings. “Expanding the couponing features of this platform will provide discounts to consumers for a host of products and services sold at service stations and convenience stores,” Crotty added.

Horizon Partners served as financial advisor to GasBuddy / OpenStore in this transaction. To learn more, visit www.horizonpartners.com.

About GasBuddy
GasBuddy is a leading consumer app and website to help consumers find cheap gas prices. People use the website and app to share the gas prices that they see on their daily commutes. Through the efforts of millions of consumers, GasBuddy makes it easy to find cheap gas prices. The GasBuddy app is available to download for free at: www.gasbuddy.com/GasBuddyMobileApps.aspx.

(www.gasbuddy.com)

About OpenStore

OpenStore is the industry leading multi-channel marketing solution that brings mobile app, website, email, SMS, and social media marketing to convenience store companies. Through its marketing solution, convenience stores deliver content and digital coupons, which build customer loyalty and increase sales. More than 6,000 convenience stores rely on OpenStore’s multi-channel marketing solution (www.OpenStoreLoyalty.com).

About OPIS

OPIS, a subsidiary of UCG, is a leading source for worldwide petroleum pricing and news information and has offices in Gaithersburg, MD; Wall, NJ; St. Paul, MN; Gothenburg, Sweden and Singapore. Every day, OPIS publishes spot prices for all refined products, more than 30,000 wholesale gasoline and diesel rack prices and more than 110,000 retail fuel prices (www.opisnet.com). Through its subsidiary, Axxis Software, OPIS also provides leading-edge software solutions for petroleum marketers looking to automate price collection, data storage and repricing of dealer and commercial accounts. (www.axxispetro.com)

About UCG

Founded in 1977, UCG is one of America’s leading, privately held providers of specialized business-to-business information. UCG’s portfolio is composed of companies serving the information and software needs of decision makers in health care, oil and energy, technology, telecommunications, banking and finance, and the mortgage industry. The company has received many awards for journalistic excellence and was voted one of D.C.’s 50 Best Places to Work by Washingtonian Magazine.

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M_Pruz
Sophomore Author Flint

Posts:138
Points:547,620
Joined:Dec 2012
Message Posted: Mar 8, 2013 11:51:13 PM

Gas will go up. surprise!!!
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Jeffro61
Champion Author Cleveland

Posts:4,363
Points:2,780,820
Joined:Oct 2005
Message Posted: Mar 8, 2013 11:50:18 PM

Do away with speculators.
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OGW
Champion Author London

Posts:6,890
Points:2,027,355
Joined:Sep 2005
Message Posted: Mar 8, 2013 11:50:13 PM

The American economy is strengthening by the day even if the average Joe is not aware of it and with a stronger economy comes higher prices and that is how capitalism works!
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Yetie
Veteran Author Las Vegas

Posts:474
Points:1,306,515
Joined:Mar 2009
Message Posted: Mar 8, 2013 11:49:57 PM

What next?
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clermont40miles
Champion Author Cincinnati

Posts:13,767
Points:2,342,670
Joined:Apr 2008
Message Posted: Mar 8, 2013 11:49:26 PM

Bad that oil is rising. Worse by far is that gasoline spiked 8.5cts today.

A spike will be coming by Monday or Tuesday. GREEDway (Speedway) is licking their chops and will greed grab soon.
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Dragnet
Champion Author Arizona

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Message Posted: Mar 8, 2013 11:46:48 PM

so what
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MidNJ
Champion Author New Jersey

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Points:1,684,410
Joined:Sep 2009
Message Posted: Mar 8, 2013 11:45:30 PM

Info for all,

GasBuddy is now owned by OIPS.

It is time to make changes.
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rawdog1313
Champion Author Lexington

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Joined:May 2008
Message Posted: Mar 8, 2013 11:42:25 PM

Regulate Oil Speculation!
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rodwade1
All-Star Author Maine

Posts:579
Points:757,975
Joined:Jul 2008
Message Posted: Mar 8, 2013 11:41:46 PM

Oil was 99 dollars a barrel a month ago, today it is about 91 dollars a barrel. Ninety nine is more than ninety one..
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REKEY
Champion Author South Carolina

Posts:11,025
Points:2,266,525
Joined:May 2008
Message Posted: Mar 8, 2013 11:41:09 PM

do we care anymore?
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Blue48
Champion Author Illinois

Posts:9,804
Points:2,213,770
Joined:Feb 2007
Message Posted: Mar 8, 2013 11:40:30 PM

UP..DOWN..UP..DOWN!
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postcard9
Champion Author Massachusetts

Posts:1,478
Points:808,145
Joined:May 2011
Message Posted: Mar 8, 2013 11:39:57 PM

It will continue to rise.
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