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Patrick De Haan @gasbuddyguy.bsky.social · 23h

It does not appear the economy is collapsing. Gas prices are just slightly lower than a year ago.

Patrick De Haan @gasbuddyguy.bsky.social · 1d

10 CENTS AWAY from $1.99/gal #gasprices in Oklahoma- multiple locations in Midwest City, OK down to $2.09/gal at this hour, according to GasBuddy.

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Patrick De Haan @gasbuddyguy.bsky.social · 1d

ALERT: #GasPrices appear to be rising to $2.99/gal in #Michigan and #Indiana today. This is a routine price cycle that is higher than wholesale prices currently warrant.

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Patrick De Haan @gasbuddyguy.bsky.social · 2d

$1.99/gal?!!?! It hasn't been possible yet- but that may be changing for a lucky few- watch for a stray $1.99 gas price to show up at a station in TX, OK, MS or even possibly WI or OH in the days/weeks ahead!

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Patrick De Haan @gasbuddyguy.bsky.social · 2d

Already fielding questions on "who" might deserve credit if the national average falls to $2.99/gal. We predicted this exactly in our 2025 forecast issued 10 months ago, and primarily OPEC and market forces have been responsible for this.

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Patrick De Haan @gasbuddyguy.bsky.social · 2d

Gas Prices Plunge Toward $2.99/gal as Oil Slips Below $60, by @GasBuddyGuy open.substack.com/pub/gasprice...

Gas Prices Plunge Toward $2.99/gal as Oil Slips Below $60

The nation’s average price of gasoline has fallen 6.4 cents over the last week and stands at $3.02 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports c...

open.substack.com

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Patrick De Haan @gasbuddyguy.bsky.social · 2d

Price cycling states saw the largest weekly drop in gas prices by far:
Ohio -18.3c/gal (price cycler)
Michigan -13.9c/gal (price cycler)
Indiana -13.4c/gal(price cycler)
Washington -12.2c/gal (refinery improvements)
Texas -10.8c/gal (price cycler)

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Patrick De Haan @gasbuddyguy.bsky.social · 2d

NONE of the top 5 most common gas prices are above $3/gal according to GasBuddy data- the first time that's happened in over a year.
Most common prices today, in order:
$2.79
$2.89
$2.99
$2.69
$2.59

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Patrick De Haan @gasbuddyguy.bsky.social · 2d

Wow: the most common gas price in the US has plunged to $2.79/gal, while the median is $2.85/gal. Looks like we're headed below $3/gal nationally soon!

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Patrick De Haan @gasbuddyguy.bsky.social · 2d

$2.99 national average!!? This could be the week as the national average stands at just $3.019/gal according to GasBuddy!

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Patrick De Haan @gasbuddyguy.bsky.social · 5d

Or if you can’t wait, consider using the Pay with GasBuddy+ card where some deals are already below $2!

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Patrick De Haan @gasbuddyguy.bsky.social · 5d

It's true- the weeks ahead could finally see the a station or several stations (most likely in OK, TX or the Gulf region) selling gasoline at $1.99/gal- but don't get too excited- most Americans won't see these prices nearby. Thank weak demand, winter gasoline & low oil prices.

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Patrick De Haan @gasbuddyguy.bsky.social · 6d

Gas prices in some areas of the West Coast have advanced since the Chevron refinery fire a week ago:
Hanford, CA +17c/gal
SF +10c/gal
San Jose +8c/gal
Fresno +8c/gal
Sacto +6c/gal
San Diego +3c/gal
LA +2c/gal
Vancover, BC +6c/L
Beloeil, BC +4c/L
But- NOT all of California is up.

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Patrick De Haan @gasbuddyguy.bsky.social · 6d

⚠️Citgo reported a compressor malfunction ongoing at its Lemont, IL refinery yesterday and "started cutting back refining immediately". This refinery has been reported to be running near 100% capacity for much of 2025.

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Patrick De Haan @gasbuddyguy.bsky.social · 7d

EIA, week ending 10/3
Crude oil: +3.7M
Domestic prod: 13.629MMbpd
Cushing: -0.8M
Gasoline: -1.6M
Mogas supplied: 8.919MMbpd
Distillates: -2.0M
Refiner utilz: 92.4%
Ref inputs: 16.777MMbpd
Total exports: 10.400MMbpd
#oil #eia #gas

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Patrick De Haan @gasbuddyguy.bsky.social · 7d

The median US gas price has fallen to $2.89/gal this morning, according to GasBuddy data, while the national average stands at $3.10/gal. GasBuddy counts 31 states where average #gasprices are below $3/gal, with the cheapest 10% of stations averaging just $2.51/gal.

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Patrick De Haan @gasbuddyguy.bsky.social · 7d

WOW: Great Lakes wholesale #gasprices have fallen to their lowest level since Jan. 8, 2024.

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Patrick De Haan @gasbuddyguy.bsky.social · 7d

WOAH! Slam on the breaks, West Coast: a significant decline in wholesale gas prices occurred for OR/WA/BC and SoCal today, which could stop increases dead in their tracks for now.

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Patrick De Haan @gasbuddyguy.bsky.social · 8d

Chicago has been voted the best big city in the U.S. for the 9th straight year. Truly love it calling it home, and can't wait for NACS to arrive next week!

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Patrick De Haan @gasbuddyguy.bsky.social · 8d

good question- I don't have a TBD at the moment :(

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Patrick De Haan @gasbuddyguy.bsky.social · 8d

the new refinery fire in California over the weekend will pause the relief

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Patrick De Haan @gasbuddyguy.bsky.social · 8d

Today's lowest gas price in the US, according to GasBuddy: $2.13/gal at OnCue Express and many other stations in Midwest City, OK.

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Patrick De Haan @gasbuddyguy.bsky.social · 8d

Gasoline demand's last seasonal hurrah is folks who are seeing the incredible display of nature, but typically, realistic gasoline demand will not reattain 9mbpd until spring.

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Patrick De Haan @gasbuddyguy.bsky.social · 8d

WA/OR/BC ALERT: as the California refinery drama continues to unfold, it's looking like Washington/Oregon and BC/Vancouver could see additional impacts to #gasprices with spot markets up notably today for these areas. Remains a fluid situation.

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Patrick De Haan @gasbuddyguy.bsky.social · 9d

Gas Prices See Slight Dip; California Refinery Outage Could Push West Coast Higher, by @GasBuddyGuy open.substack.com/pub/gasprice...

Gas Prices See Slight Dip; California Refinery Outage Could Push West Coast Higher

The nation’s average price of gasoline has fallen 0.3 cents over the last week and stands at $3.08 per gallon, according to GasBuddy® data compiled from more than 12 million individual price reports c...

open.substack.com

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