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Tensions raise specter of gas at $5 a gallon
ny times ^ | 3/1/2012 | CLIFFORD KRAUSS / ny times

Posted on 03/01/2012 4:23:29 PM PST by tobyhill

Gasoline for $5 a gallon? The possibility is hardly far-fetched.

With no clear end to tensions with Iran and Syria and rising demand from countries like China, gas prices are already at record highs for the winter months — averaging $4.32 in California and $3.73 a gallon nationally on Wednesday, according to AAA’s Daily Fuel Gauge Report. As summer approaches, demand for gasoline rises, typically pushing prices up around 20 cents a gallon.

And gas prices could rise another 50 cents a gallon or more, analysts say, if the diplomatic and economic standoff over Iran’s nuclear ambitions escalates into military conflict or there is some other major supply disruption.

(Excerpt) Read more at msnbc.msn.com ...


TOPICS: Extended News; Front Page News; News/Current Events
KEYWORDS: 7dollargas; bhofascism; democrats; drillheredrillnow; gasprices; nobama2012; obama

1 posted on 03/01/2012 4:23:31 PM PST by tobyhill
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To: tobyhill

obama’s goal


2 posted on 03/01/2012 4:24:12 PM PST by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: tobyhill

Too late. filled up today @ $4.57.


3 posted on 03/01/2012 4:26:15 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: tobyhill

The MSNBC comments say it all “alan_static: make it $10 gas. I will happily pay it along with my fellow Americans. Maybe we will see there is a better alternative to this driving culture when we all start driving less, walking more, and build some people friendly cities.”

“wtw of KC

There is no doubt we do live in a lucky country. At $3.73- 4.32 / gallon we should be laughing compared to the rest of the world. In Europe they pay almost 3 times more per gallon than us, in Australia around $5.60 and in China $4.10. Europe has learned to live with high gasoline prices and their vehicle fuel consumption reflects it and puts ours to shame. As for Chinese prices, they can afford to keep them lower, we subsidize them with the interest payments on our $ trillion+ debt to them.”


4 posted on 03/01/2012 4:27:09 PM PST by MNDude
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To: MNDude

If the liberals want to compare European cities to U.S. cities they should also compare the age and size of those cities.


5 posted on 03/01/2012 4:31:07 PM PST by Terry Mross (Difference between a conservative / liberal-obvious. Difference between a rep and a dem? None)
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To: tobyhill

Mark Levin is just talking about how bambi is closing all the coal plants-—because of new regulations they are closing all over the nation.........Bambi is really trying to destroy our economy.....if we don’t do something there will be a collapse.


6 posted on 03/01/2012 4:31:11 PM PST by savagesusie (Right Reason According to Nature = Just Law)
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To: Doogle

If 0bama were the leader of any country that is America’s foe, he would be lauded as the one who was able to destroy America properly.


7 posted on 03/01/2012 4:33:41 PM PST by EGPWS (Trust in God, question everyone else)
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To: EGPWS

..three years ago he said he wanted it.......


8 posted on 03/01/2012 4:34:49 PM PST by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: Terry Mross

Europe has a very condensed population.


9 posted on 03/01/2012 4:35:12 PM PST by MNDude
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To: Doogle
..three years ago he said he wanted it.......

Yes, I know....

Photobucket

10 posted on 03/01/2012 4:43:12 PM PST by EGPWS (Trust in God, question everyone else)
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To: Doogle

Didn’t Obummer once say that energy costs would necessarily increase if he got his way?


11 posted on 03/01/2012 4:48:46 PM PST by Blood of Tyrants (Never believe anything in politics until it has been officially denied.)
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To: Vendome

$4.79


12 posted on 03/01/2012 4:51:07 PM PST by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: MNDude
The MSNBC comments say it all “alan_static: make it $10 gas. I will happily pay it along with my fellow Americans. Maybe we will see there is a better alternative to this driving culture when we all start driving less, walking more, and build some people friendly cities.”

Yea. Wait 'til they're paying $20/pound for their tofu.

13 posted on 03/01/2012 4:52:50 PM PST by wvguy
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To: Doogle

His goal was $7.00


14 posted on 03/01/2012 4:53:12 PM PST by hadaclueonce (just maybe we should be spraying gatorade on our crops)
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To: tobyhill

Reduce the value of gasoline by the 12% reduction in fuel milage caused by requiring ethanol, and we are getting closer.

Got to keep the corn prices up!


15 posted on 03/01/2012 4:56:19 PM PST by hadaclueonce (just maybe we should be spraying gatorade on our crops)
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To: savagesusie

obama’s worshippers will never believe he’s doing anything to intentionally hurt this country. And that’s almost half of the country.

We are watching the destruction of the greatest nation in the history of mankind.


16 posted on 03/01/2012 4:57:08 PM PST by Terry Mross (Difference between a conservative / liberal-obvious. Difference between a rep and a dem? None)
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To: Terry Mross

Just talked to one today. She can’t figure him out. Nothing is his fault, of course.

Just wow.


17 posted on 03/01/2012 5:06:34 PM PST by F15Eagle (1 John 5:4-5, 4:15, 5:13; John 3:17-18, 6:69, 11:25, 14:6, 20:31; Rom10:8-11; 1 Tim 2:5; Titus 3:4-5)
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To: F15Eagle

A summer of a $75 to $100 filled tanks will even wear down the most liberal Democrat.

Think Reagan like voting percentages.


18 posted on 03/01/2012 5:29:14 PM PST by CaptainK (...please make it stop. Shake a can of pennies at it.)
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To: BunnySlippers

Ventura or downtown LA?

Mine was San Jose.


19 posted on 03/01/2012 6:11:13 PM PST by Vendome (Don't take life so seriously, you won't live through it anyway)
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To: Vendome

Los Angeles.


20 posted on 03/01/2012 6:14:28 PM PST by BunnySlippers (I LOVE BULL MARKETS . . .)
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To: CaptainK
"A summer of a $75 to $100 filled tanks will even wear down the most liberal Democrat."

It cost me $92.13 to fill my Tahoe today.

21 posted on 03/01/2012 6:59:37 PM PST by Mariner (War Criminal #18)
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To: tobyhill

Next time when one fills up, we should all stick a picture of a grinning Obama to the pump. Pass it on!!


22 posted on 03/01/2012 7:02:30 PM PST by jacob allen
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To: CaptainK

I think the rage will set in once people start to get the idea this is not a temporary spike. Right now they think it is something they might have to endure for two or three months.


23 posted on 03/01/2012 7:05:53 PM PST by riri (Plannedopolis-look it up. It's how the elites plan for US to live.)
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To: MNDude

Only difference is in Europe, you can drive through entire countries on a tank of gas. Here in America, it wouldn’t even get you halfway across Texas.


24 posted on 03/01/2012 7:09:59 PM PST by SamAdams76 (I am 72 days away from outliving Phil Hartman)
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To: Terry Mross

If liberals want us to be like Europe they better keep in mind that they kill each off every 30 or 40 years in those things called wars.


25 posted on 03/01/2012 7:36:39 PM PST by Plumberman27
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To: Vendome

Paid $4.64 a gallon for Shell Premium in Ridgecrest CA today.


26 posted on 03/01/2012 8:22:38 PM PST by bigoil (Study Thy Nixon)
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To: tobyhill

If gasoline stays where it is or goes higher, George Washington couldn’t get re-elected, much less Barack Hussein Obama, Jr. and his “lovely” wife. Unless we get McCain 2.0 as the nominee. Where are they vacationing this week, by the way? The Riviera? Bermuda? Napa Valley? The Hamptons? Vail?


27 posted on 03/01/2012 10:05:06 PM PST by 2ndDivisionVet (You can't invade the US. There'd be a rifle behind every blade of grass.~Admiral Yamamoto)
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