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‘GasBuddy’ releases annual price outlook

Volatile gasoline fuel prices are the order of the day. With the U.S. average price of gasoline at the highest level ever recorded at this time of year, GasBuddy this week released its 2012 projections and analytics for the U.S. and major metro markets.

“The research contained in our ‘Annual Gasoline Price Outlook — 2012’ includes: a look at prior projections and actual prices; a look at ‘Implied Gasoline Demand’ going back to 2001; charts and price projections for 20 major metro markets; and a synopsis of current volatility factors and issues we expect will be prevalent throughout the year,” senior petroleum analyst Patrick DeHaan said.

“It gives media, businesses and interested consumers a definitive look at the data that drives the forecasts and validates discussions; separating the hype from logical, well-reasoned insights,” DeHaan added. is operated by GasBuddy Organization Inc. is a group of local websites which offers an online method for website visitors to post and view recent retail gasoline prices. The GasBuddy collection of websites has rapidly grown into North America’s premiere fuel prices information source.

Click here for the report.