gas prices up $1

Don Quixote

cancer survivor
Contributor
yep, per AAA, the price of gas is up $1/gal since the beginning of the year...because they can

within 2 miles of where i live, gas is $3.11/gal
 
Please don't get your talking points from USGED.
Supply is not up it's down and its going down like a rock.
Why
1. Opec is show some spine
2. domestic producers are shutting it down. Check rig reporst, production is about to fall off a cliff.
 
Please don't get your talking points from USGED.
Supply is not up it's down and its going down like a rock.
Why
1. Opec is show some spine
2. domestic producers are shutting it down. Check rig reporst, production is about to fall off a cliff.

As you posted a while back domestic producers are shutting down to get the price up.

Just a year ago you would not admit that speculation had anything to do with the price of oil.
 
bush gets blamed for high gas prices but obama gets a pass...

i think obama wants the gas prices high, this will get people more behind his alternative energy plans, cap and trade etc....
 
bush gets blamed for high gas prices but obama gets a pass...

i think obama wants the gas prices high, this will get people more behind his alternative energy plans, cap and trade etc....

Obama and his evil oil buddies are at it again, raising the cost of gas.
He's said in the past that $4 was a good price, he just didn't want it to happen so fast that folks would notice.
 
from last year....




CNBC: So can these high [gas] prices help us?

OBAMA: I think that I would have preferred a gradual adjustment.
 
Gas prices rise for 48th day as oil sells off

Jun 15, 4:21 PM (ET)

By MARK WILLIAMS


COLUMBUS, Ohio (AP) - Gas prices rose Monday for the 48th straight day, matching a record going back to at least the 1970s, with prices now up nearly two-thirds since the beginning of the year even as demand from motorists remains weak.
~
But money flowing into energy markets continues to confound experts. Even as oil prices fell, natural gas prices surged more than 8 percent.
~
Other than the fact that natural gas prices had fallen so far, there seemed little reason to buy it. The latest index of manufacturing in New York indicated that demand weakened yet again. Manufacturers, major users of natural gas, have slashed thousands of jobs.
http://apnews.myway.com/article/20090615/D98RAQDG1.html
 
Gas prices rise for 48th day as oil sells off

Jun 15, 4:21 PM (ET)

By MARK WILLIAMS


COLUMBUS, Ohio (AP) - Gas prices rose Monday for the 48th straight day, matching a record going back to at least the 1970s, with prices now up nearly two-thirds since the beginning of the year even as demand from motorists remains weak.
~
But money flowing into energy markets continues to confound experts. Even as oil prices fell, natural gas prices surged more than 8 percent.
~
Other than the fact that natural gas prices had fallen so far, there seemed little reason to buy it. The latest index of manufacturing in New York indicated that demand weakened yet again. Manufacturers, major users of natural gas, have slashed thousands of jobs.
http://apnews.myway.com/article/20090615/D98RAQDG1.html

Folks are investing in oil and gas hoping to hedge against the Obama hyper-inflation.
 
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