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Easy prediction here: oil companies about to be accused of gouging
The Orange County Register blog Orange Punch ^
| Mark Landsbaum
Posted on 02/17/2012 1:26:00 PM PST by landsbaum
Gasoline prices are on their way up again.
So too is the ire of gasoline purchasers who skipped Econ 101 in school...
(Excerpt) Read more at orangepunch.ocregister.com ...
TOPICS: Business/Economy; Government; Politics; Travel
KEYWORDS: barackobama; drilling; gasprices; oil
posted on 02/17/2012 1:26:05 PM PST
“So too is the ire of gasoline purchasers who skipped Econ 101 in school...”
Let’s face it, those who skipped would have received an “F” in it.
After all, math is NOT the friend of liberals.
Even dead simple economics math.
posted on 02/17/2012 1:33:38 PM PST
by Da Coyote
So it goes to $5 then in September it magically goes “down” to $4.00. Americans are stupid enough to think “Wow! Obama just lowered prices by a dollar!” End of story.
posted on 02/17/2012 1:34:56 PM PST
Gouging? So how much do make per click from Free Republic's traffic?
For the awesome task of providing your opinion elsewhere?
Doesn't that kind of mean that you suck and are a blogpimp?
Or am I reading this wrong?
...the ire of gasoline purchasers who skipped Econ 101 in school...
They also skipped how NOT to elect rectal orifice politicians who cancel pipelines that could lower gas prices.
posted on 02/17/2012 1:38:33 PM PST
Well, if Obama allowed drilling, and hadn’t killed the Keystone XL after sittting on it for three years [But.. he didn’t ave time to review it! they claim] we’d be better off.
BUT, no energy policy other than -apparently- “Buy a Volt!” and other greenie platitudes equals higher fuel costs.
And when fuel costs more, groceries and other vital supplies cost more.
posted on 02/17/2012 1:41:06 PM PST
(You will never defeat Bok Choy!)
Of course they will be. That's straight from the Obama playbook. Once gas hits $4 a gallon, Obama will give a speech, demanding investigations, new regulations and massive tax increases on the industry to make sure they pay “their fair share”. Then when Republicans don't go along, he will claim that they are now responsible for the gas prices and his administration bares no responsibility because they tried. He might even send his OWS crew out to protest in front of gas stations. (and of course the MSM will parrot everything as the Gospel)
posted on 02/17/2012 1:41:54 PM PST
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posted on 02/17/2012 1:44:01 PM PST
by DJ MacWoW
(America! The wolves are here! What will you do?)
that could cause a shortage
posted on 02/17/2012 2:13:34 PM PST
The biggest gougers are the tax and spend rats. Saudis are the gougers in charge of oil over $35 a barrel.
posted on 02/17/2012 2:16:29 PM PST
(I am voting for Sarah after getting screwed again by the DC Thugs.)
I made no criticism of the excerpting.
If the blogtard has a point, he can make it here.
No? He should make it elsewhere and charge us for it? Really?
Screw that and him.
If they were genuinely, truly concerned about the gas price at the pump, they could always lower the taxes.
Didn't think so.
Instead they will vilify Big Oil, as usual. Never Big Gov.
posted on 02/17/2012 2:17:33 PM PST
(Corporate Profits are better than Government Waste)
The "evil oil company" meme runs deep in our marxist-lite culture. A friend of mine -- good Republican and small businessman (owns a hardware store and does plumbing) is convinced the oil companies run the country. Nothing I say will change his mind.
Obama will get a lot of traction out of demonizing Big Oil. It's a perennial crowd-pleaser here.
posted on 02/17/2012 2:20:08 PM PST
(The final outcome of the credit expansion is general impoverishment.)
Gasoline exports are at an all time high while they are closing refineries.
I guess price manipulation was in Econ 102
posted on 02/17/2012 2:54:29 PM PST
Has anyone checked Apple’s ROI recently. Talk about gouging. How much does it cost to produce a CD with Windows on it? How much does MS charge for it?
posted on 02/17/2012 3:13:16 PM PST
The prices above were shown on SF KTVU this morning. They are blocking the prices of the higher grades which were over $5/gallon.
Remember the hate America Enviros have wanted $5/gallon for gas for years. If our economy was recovering, this will drive a wooden stake into its heart!
posted on 02/21/2012 11:10:19 AM PST
by Grampa Dave
(ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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