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
within 2 miles of where i live, gas is $3.11/gal
This must be that speculator driven inflation I have been hearing about.
When the government prints money faster that the economy grows, it's worth less. *shrug*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.
When the government prints money faster that the economy grows, it's worth less. *shrug*
You might tell that to watermark, as well. He seems to be confused.![]()
I prefer to let him stay that way. *shrug*You might tell that to watermark, as well. He seems to be confused.![]()
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....
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.Obama and his evil oil buddies are at it again, raising the cost of gas.
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.
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But money flowing into energy markets continues to confound experts. Even as oil prices fell, natural gas prices surged more than 8 percent.
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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
If you knew the price of gas is going up on Friday wouldn't you fill your tank on Thursday? There's nothing wrong with speculation.As I said speculators.
Thanks for the endorsement.