.jpg)
Posted on 02/25/2012 6:12:30 PM PST by Deo volente
Gas prices climbed higher Saturday, continuing to march ever-closer to the all-time average local high of $4.60 per gallon set in 2008.
Jitters over the standoff in Iran's nuclear program have led to surging oil prices and unstable markets worldwide. Locally, a big refinery fire also hiked prices for motorists, with no end in sight.
(Excerpt) Read more at ocregister.com ...
Gas here jumped 19 cents PER LITRE in the last 2 days! From $1.069 to $1.259. Was I ever glad I filled the 100 l tank on the pickup 4 days ago!
What are you talking about?
That’s a dollar more than I’m paying!
We need to export tax the ones who are drilling on OUR land.
Unfortunately the free traitors will scream "protectionism" the second anyone tries to put the USA first.
Interesting. Thanks for that.
There are refineries being shut down though. And many of the major companies have folded up shop and left since the BP oil spill.
Whatever the specific reasons, did anyone really doubt that this was coming?
Rich liberals don’t care if gasoline is $4.00/gal. In fact they want the price even higher.
I will be happy if it is well over $4.00/gal prior to election day. It’s something the media can’t explain away easily.
I consistently saw it a nickel cheaper than that in the late 1960s.
Sure, since when running at only 83% capacity, we still don't use all we produce.
Some of those older refineries that have not been updated are having a tough time in this domestic market. Refinery margins are tight. A few of the combination oil producer and refinery companies are selling off the refining portion, like ConocoPhillips.
And many of the major companies have folded up shop and left
I don't think so. Can you name one major oil company you think left the US in this time?
What in the world is happening here?!
We moved more armaments to the gulf...that’s what.
U.S. Toughens Defenses in Persian Gulf: Israel-Iran Conflict Imminent?
Hinting at the possibility of a military strike, the Pentagon is bolstering the U.S. defenses in the Persian Gulf as a preemptive measure to ... boats and…International Business Times· 19 hours ago
Since oil is traded in Dollars, the price of gas is often directly proportional to the Dollar. Wild money printing and massive deficits continue to result in the devaluation of our currency.
This more than anything else is the reason we have high gas prices and why they contiue to rise. Since oil is traded in Dollars, the irresponsible spending has results in our currency being worth less and thus inflation results.
Are there other factors? Sure, but our reckless spending in Washington is the primary culprit.
The only way to bring down gas prices is to shore up the Dollar, but that would require some harsh measures on the part of our lawmakers. I think we all know they would never do anything to act in Americas best interest. Not this administration.
Americans love high gas prices - that’s why we keep voting for them.
So smile while you’re at the pump. :)
can you tell me why the saw tooth pattern in the finished gas graph is so regular? is it the difference in winter and summer driving??? thx
You got it exactly. Click the picture to go to the data source and you can see it in the months.
I noticed that the price I paid last week ($3.289 or something like that) is about 20 cents in the past, and that’s just at the cheaper of the two warehouse clubs, the other one was 25 higher, and I didn’t care to look at the other stations around town as I burned gasoline on a small local shopping trip.
Thanks Prez Zippy — paid $3.99 for regular yesterday, filled up other vehicle with regular today for $4.05. Predicting over $5.00 by early March. Yeah, baby, this will really do something for the growth, like totally kill it. Zippy’s hanging on to this environmental hocus pocus while the economy goes completely into the toilet. Maybe we’ll hear a lot more of his lies, like “higher gas prices are a sign the economy’s improving.” What a total piece of crap this president is, and we have no one with the cojones to call him on it. We’re going to be living the nightmare.
That picture looks like America, doesn’t it?
FOX Business news had a commentater (potato joke in there somewhere) say we could drop the price by a dollar a gallon by removing the requirement of over 100 different EPA formulations. Comments?
And Newt said the silver bullet to lower gas prices was to get rid of Obama!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.