If the Dems have their way, they'll go up.
Won't be happy until Hugo has to wear a sign saying,
"will work for food!
Pure BS. Gas here in AZ has dropped about 12% since the summer highs.
Just paid $1.99 (1/20/07) a gallon here in Texas and just last week I 2.16, at least its moving in the right direction
I guess I don't see the nuance between fall and plummet.
$1.97 here in Huffman , Texas.
Claire McCaskill: Just look at the gas prices. Look at the manipulation of the gas prices. I'm not sure anybody in Missouri believes these gas prices are going down for any other reason than that we're having an election. And I'm sure most people know they're going to go right back up after the election's over. That is because there are five companies that control all of the oil in this country.
Your new senator from Missouri, in a debate with Jim Talent before the election.
I hope those that voted for this dolt in Missouri are now happy.....Maybe she can give Patty Murry a run for money as the "Queen of Stupid" in D.C.
Well... cost is not a downward pressure on price. The only downward pressure on price is competition.
As cost to the supplier goes down, price will stay the same as long as people continue to pay that price. There's a certain inevitability though, that competitors will start shaving the price down in order to attract more customers.
That's what we're being told NOW, now that the price of crude is falling. But when crude goes up and we get gouged at the pump, the price of crude is the controlling factor.
Lies on top of lies ...
Exactly various forms of government makes at least as much as the oil compays do in TAXES..
TAXES on one of the most important drivers of any economy.. ENERGY.. Taxes on energy that ADD NOTHING but only forces prices up.. They get you at the pump and get on the price of ANYTHING retailed..
Taxes on ENERGY(all forms of energy) is the most parasitical tax of all..
It should be outlawed and made a felony to make a law taxing energy in any form..
Maybe a hanging offence and a Constitutional ammendment..
At last, a grain of truth. Downward pressure on retail price is resisted, while upward pressure is encouraged, even manufactured.
It rises alot quicker then it falls and we all know why hmmmmm
Filled up at Costco yesterday for $2.05/gal here in Crook County.
Maybe this is the reason?
Monday June 26, 6:42 AM
Iraq's oil production back above 2.5 million barrels a day: minister
Iraq's oil production is now over 2.5 million barrels a day, a record since the fall of Saddam Hussein, the country's oil minister said.
Oil Minister Hussein Shahristani said on US television that Iraq hoped to be producing 4.3 million barrels by 2010 and to be challenging Saudi Arabia as the world's largest producer by 2015.
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Production was about 2.5 million dollars a day when President Saddam Hussein was deposed by US-led forces in 2003. It then collapsed to virtually nothing and has been slow to rebuild because of insurgent attacks and other problems.
In an interview with CNN television, Shahristani emphasized that only one month and three days after the Iraqi government took office "we have been able to break a record".
"Today's oil production was in excess of 2.5 million barrel a day. And that's a record since the fall of Saddam's regime in April 2003," he told CNN's "Late Edition" programme.
He said Iraq hoped to increase production to 2.6-2.7 million barrels by the end of the year, to 4.3 million barrels by 2010, which would be a new all-time record for Iraq. The minister said Iraq's highest oil production was 3.5 million barrels a day.
"Our ultimate aim is to reach more than six million barrels a day, hopefully by 2012.
"And needless to say, Iraq holds one of the largest reserves of oil and gas in the world, and we are determined to prove it has the largest world reserve."
The oil minister said that by 2015, Iraq could challenge Saudi Arabia as the world's largest oil producer.
Maybe this is why Iran wants to stop it?
Pray for W and the 13 in the Copter
I don't know where this guy gets his coffee, but he's nutts to pay $8 for a cup of coffee. I can get the whole danged bag at Wal Mart for $6.87. Geeze, talk about misleading.
Most dealers in our area dropped to $1.99 9/10 today. But I paid $1.75 out on the fort.
As of today gas is now under two dollars a gallon in western Wisconsin (La Crosse). That's a drop of twenty cents a gallon in two weeks.
$1.95 per gallon in TX
$1.99 today in Kirtland, Ohio.