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CNBC: Next Stop $6 A Gallon …. $7 Not Far Away
http://radioviceonline.com/ ^ | April 21,2011 | Jim Vicevich

Posted on 04/21/2011 8:41:33 AM PDT by Biggirl

If gas prices were on a train right now it would definitely be riding the President’s high speed rail. Steve posted on this in March when gas was around $3. The we told you a week ago that gas prices (then $3.90) were headed in this direction and got no interest from callers. Something tells me gas will soon be center stage. CNBC thinks so … so do others. Obama video below the fold.

CNBC’s report is getting plenty of play, and well it should. While Trump has been grabbing the headlines inside the beltway … oil has been grabbing your bucks, and CNBC explains how the dollar is the root cause and Obama the accomplice,

Weakness in the US currency feeds upward pressure on commodities, which are priced in dollars and thus come at a discount on the foreign markets.

One result has been a surge higher in gasoline prices to nearly $4 a gallon before the summer driving season even starts, a trend that economists say will be aggravated as demand increases and the summer storm season threatens to disrupt oil supplies.

(Excerpt) Read more at radioviceonline.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: carter2; cnbc; cw2; cwii; energy; gas; gasoline; lineinthesand; obama
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21 posted on 04/21/2011 9:27:17 AM PDT by TheOldLady
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To: Avery Iota Kracker
Yeah, I'm sure the price of oil in China, India, Europe, etc is based upon what is written in US newspapers.

Oil is a global commodity. Most of the oil we use is imported from outside our borders. We are tied to the global price, not the other way around.

22 posted on 04/21/2011 9:29:43 AM PDT by thackney (life is fragile, handle with prayer (biblein90days.org))
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To: E. Pluribus Unum
This was Obama's plan. He publicly said so.

If so, it's a plan that will end his presidency next year.
23 posted on 04/21/2011 9:34:53 AM PDT by AnotherUnixGeek
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To: E. Pluribus Unum
This was Obama's plan. He publicly said so.

If so, it's a plan that will end his presidency next year.
24 posted on 04/21/2011 9:35:08 AM PDT by AnotherUnixGeek
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To: Biggirl

I guarantee you we will see $6.50 for gas and 1/2 of America will still say MuBarak needs more time to do his job.

If this Kommie ever had a job in corporate America He would have been fired 1 year ago.

I filled up my gas tank yesterday @$4.50 a gallon. I could actually hear the ruffling of paper as my car sucked $100 bucks out of my pocket.


25 posted on 04/21/2011 9:38:22 AM PDT by Vendome ("Don't take life so seriously... You'll never live through it anyway")
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To: AnotherUnixGeek
Obama wants higher gas prices
26 posted on 04/21/2011 9:39:07 AM PDT by E. Pluribus Unum (When and why did Steve Dunham change his name to Barack Hussein Obama? When he converted to Islam?)
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To: Biggirl

Didn’t the CBS open mike event have 0bama calling the american public ‘slugs’ and wishing for $10 a gal gas?


27 posted on 04/21/2011 9:39:29 AM PDT by x_plus_one (Q:How many middle class debt slaves does it take to pay for Obama care? A: All of them)
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To: Biggirl

Didn’t the CBS open mike event have 0bama calling the american public ‘slugs’ and wishing for $10 a gal gas?


28 posted on 04/21/2011 9:39:46 AM PDT by x_plus_one (Q:How many middle class debt slaves does it take to pay for Obama care? A: All of them)
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To: Travis McGee
Ping to CW2!

Can you say “American Revolution Part 2?”

29 posted on 04/21/2011 10:13:51 AM PDT by DCBryan1 (FORGET the lawyers...first kill the "journalists". (Die Ritter der Kokosnuss))
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To: E. Pluribus Unum

But I do not see it as far as I am concerned, and a few weeks ago I was at a mall in Eastern CT, and never once I have seen ANYONE who was from the TSA. Regulare mall security yes, but that was about it, no TSA. Plus never heard of anything to the likes.


30 posted on 04/21/2011 10:49:56 AM PDT by Biggirl ("The Best Of Times, The Worse Of Times", Charles Dickens)
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To: Biggirl
TSA and Big Sis Coming to a Mall Or Hotel Near You, 1984 is Here

What does "anything to the likes" mean?

Is English your fifteenth language or something?

31 posted on 04/21/2011 10:58:11 AM PDT by E. Pluribus Unum (When and why did Steve Dunham change his name to Barack Hussein Obama? When he converted to Islam?)
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To: E. Pluribus Unum

Just my way of doing a verbal sigh.


32 posted on 04/21/2011 11:02:46 AM PDT by Biggirl ("The Best Of Times, The Worse Of Times", Charles Dickens)
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To: Biggirl

No!


33 posted on 04/21/2011 11:05:58 AM PDT by verity
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To: Biggirl
I don't know why people are not torching the White House these days. How long can this go on without riots?
34 posted on 04/21/2011 11:06:17 AM PDT by angcat (DEAR GOD PLEASE SAVE US!)
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To: angcat
This is all so grim.

We would suffer a lot if this happens to gas because we have to travel 5 hour round trip commute several times a week.

What in the heck is going on?

Lost it today listening to Rush play clips of uhbama LYING to our American kids during the facebook crap.

I despise uhbama for his lies and arrogance.

Hearing his voice makes me sick, seeing his ugly face makes me even sicker.

Not surprised if uhbama sees all of us as the slug that he is...he knows we are a dumbed down lot because he knows he has no business being the president; yet was able to fool a bunch of people in this nation in order to get the votes.

To uhbama: lying = votes.

35 posted on 04/21/2011 11:26:51 AM PDT by Republic (The entire White House presidential team needs to grow up and face facts!)
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To: angcat

I really do think the breaking point is coming soon and it could come in the form of anger over rising gasoline prices. I had heard even this past weekend that somewhere in New Jersey there was a protest over the rising costs of gasoline. That could very well be a preview of what is to come.


36 posted on 04/21/2011 11:27:21 AM PDT by Biggirl ("The Best Of Times, The Worse Of Times", Charles Dickens)
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To: Republic

He is looking for votes and in truth, his numbers are getting less and less positive.


37 posted on 04/21/2011 11:29:25 AM PDT by Biggirl ("The Best Of Times, The Worse Of Times", Charles Dickens)
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To: Biggirl

The next revolution is three missed meals away.


38 posted on 04/21/2011 9:24:19 PM PDT by UCANSEE2
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