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Keyword: gasprices

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  • Obama's 'Gone to Great Lengths' to Keep Gas Prices High, Ryan Says

    09/09/2012 9:39:32 AM PDT · by nhwingut · 88 replies
    ABC News/Yahoo ^ | 09/09/2012 | Shushannah Walshe
    SAN RAMON, Calif. - Paul Ryan said today the president has gone to "great lengths" to make gas more expensive in this country. The vice presidential candidate visited Google headquarters in Montainview to hold a Google+ Hangout where he took questions from supporters at campaign offices all over the country, including a question from a senior citizen in Florida named Ruth. She asked him how he was going to "improve the situation" of sky high gas prices. "This is not just something that squeezes family budgets, it squeezes businesses," Ryan answered. "It also gives us a bad foreign policy in...
  • Gas prices jump back up in Hurricane Isaac's wake (Obama's fault, not a former hurricane)

    09/10/2012 4:29:53 AM PDT · by tobyhill · 7 replies
    cnn ^ | 9/9/2012 | staff
    Gas prices have jumped nearly 8 cents a gallon over the past two weeks, and are approaching the high for the year, according to a survey published Sunday. The average price of regular is now $3.84 a gallon, just 13 cents below the peak that was reached this year in April, the Lundberg Survey found. "It's due mostly, but not entirely, to storm-related refinery shutdowns," said publisher Trilby Lundberg. Hurricane Isaac and the resulting power outages caused refineries to close, particularly in the Gulf region. About a penny in the price jump is the result of a slight rise in...
  • Gas prices take another jump (15 cents!) in Tulsa OVERNIGHT

    09/07/2012 6:18:48 AM PDT · by 11th_VA · 6 replies
    News Talk Radio KRMG ^ | 7 Sept 2012 | By Shelby Travis
    Oil ended the day Thursday at $95.53, up just 17 cents. Tulsa — While you were sleeping gas prices in Tulsa jumped 15 cents at most Tulsa area convenience stores. The price at the pump is now $3.69 a gallon for regular unleaded, up from $3.54 on Thursday. Oil prices rose above $97 per barrel on Thursday, but then gave up most of their gains in late trading. Prices were also boosted by reports showing more private-sector hiring and fewer unemployment claims in the U.S. Positive economic news tends to boost oil prices, because traders anticipate that stronger economies will...
  • Obama's Sneaky, Deadly, Costly Car Tax

    08/29/2012 4:12:23 AM PDT · by Kaslin · 53 replies ^ | August 29, 2012 | Michelle Malkin
    While all eyes were on the Republican National Convention in Tampa and Hurricane Isaac on the Gulf Coast, the White House was quietly jacking up the price of automobiles and putting future drivers at risk. Yes, the same cast of fable-tellers who falsely accused GOP presidential nominee Mitt Romney of murdering a steelworker's cancer-stricken wife is now directly imposing a draconian environmental regulation that will cost untold American lives. On Tuesday, the administration announced that it had finalized "historic" new fuel efficiency standards. (Everything's "historic" with these narcissists, isn't it?) President Obama took a break from his historic fundraising drives...
  • 25 Examples Of What America Would Be Like If Everyone Was A Liberal

    08/28/2012 3:58:57 AM PDT · by Kaslin · 18 replies ^ | August 28, 2012 | John Hawkins
    1) America's credit rating would get so low that it would force President Dennis Kucinich to petition the UN for donations to pay for Social Security, Medicare, and his newly implemented 350 weeks of unemployment plan. 2) There wouldn't be a Pledge of Allegiance said in schools, no one would sing the Star Spangled Banner before any sporting event, and no one would celebrate the 4th of July. 3) Gas would cost $9 a gallon. Liberals would consider this a plus because it would cause more people to get tax credits to buy government subsidized $40,000 electric cars. 4) Seven...
  • A Gas Price Emergency -- for America, or for Obama (Opening the Petroleum Reserve)

    08/24/2012 3:23:30 PM PDT · by lbryce · 24 replies
    The Examiner ^ | August 24, 2012 | Diana Furchtgott-Roth
    To combat rising gasoline prices, anonymous White House sources are reporting that President Obama will release oil from the Strategic Petroleum Reserve. When Obama was inaugurated, the average gasoline prices were $1.84 per gallon, and oil was at about $39 for a 42-gallon barrel. On Monday, refiners were paying about $96 for a barrel of West Texas Intermediate, and the average price of regular gasoline was $3.72, up from $3.45 a month earlier. The 696-million barrel Strategic Petroleum Reserve, stored in underground salt caverns in Texas and Louisiana, exists to protect America against "severe energy supply disruptions," according to the...
  • Rising gas prices not a big concern for voters (BS!)

    08/23/2012 7:25:23 PM PDT · by tobyhill · 25 replies
    reuters ^ | 8/22/2012 | By John Whitesides
    Even as President Barack Obama considers using U.S. oil stockpiles to halt rising gasoline costs in an election year, a Reuters/Ipsos poll released on Tuesday shows economic pain at the pump is not a big concern for voters. Fuel and gas prices ranked last among 10 factors that influence voters in evaluating Obama's job performance and the country's direction, the poll found. Healthcare, the economy and jobs top the list, with gas prices also lagging behind foreign policy, immigration and education. "Gas prices, relative to the rest of this stuff, are much less important," Ipsos pollster Chris Jackson said. "People...
  • Eating America's Seed Corn

    08/23/2012 4:34:31 AM PDT · by Kaslin · 26 replies ^ | August 23, 2012 | Victor Davis Hanson
    As gas prices climb back toward $4 a gallon, the Obama administration -- facing a tough re-election campaign and rising Middle East tensions -- is once again considering tapping the Strategic Petroleum Reserve. For years, administrations have bought and stored oil for emergencies, in fear of a cutoff of imported oil, as happened during the Arab embargo of 1973-74. But since 2009, the U.S. government has declared most federal lands off-limits to new oil and gas exploration -- despite vast recent finds of energy and radically new means to tap it. President Obama also canceled the most vital sections of...
  • Summertime blues for drivers: Gas at August record

    08/20/2012 12:25:44 PM PDT · by Free ThinkerNY · 10 replies
    Associated Press ^ | August. 20, 2012 | SANDY SHORE
    You may pay more than ever for a late-summer drive. U.S. drivers paid an average of $3.72 per gallon on Monday. That's the highest price ever on this date, according to auto club AAA, a shade above the $3.717 average on Aug. 20, 2008. A year ago, the average was $3.578.
  • US Faces Stiff Opposition to Oil Release For Political Gain

    08/19/2012 2:23:58 PM PDT · by TigerLikesRooster · 10 replies
    CNBC ^ | 08/18/12
    US Faces Stiff Opposition to Oil Release For Political Gain Published: Saturday, 18 Aug 2012 | 5:27 AM ET President Barack Obama faced stiff resistance to the possibility of releasing emergency oil reserves to quell rising energy prices on Friday, with Asian allies and the head of the West's energy agency rejecting any need for action now. A day after Reuters reported that the White House was "dusting off" plans for potentially tapping the Strategic Petroleum Reserve, the executive director of the International Energy Agency, Maria van der Hoeven, was blunt in her assessment: "There is no reason for a...
  • Gas Prices Moving to All-Time High

    08/18/2012 1:29:29 PM PDT · by alloysteel · 29 replies
    The New American ^ | August 16, 2012 | Bruce Walker
    The prices that Americans pay for gas at the pump may reach an all-time high this summer. The average price is $3.70 per gallon, which is an increase of 30 cents since July and the climb in price from July to August was 9 percent. The increase is particularly concerning because a reduction in global demand, caused by a persistent world-wide recession, has kept demand for gas relatively low. Some have predicted that the price of gas will reach $3.90 per gallon before Labor Day. Gas prices have risen each month for seven straight months this year.
  • Exclusive: White House dusting off plan for potential oil release

    08/16/2012 11:51:42 AM PDT · by Free ThinkerNY · 31 replies
    Reuters ^ | August. 16, 2012 | Jeff Mason
    (Reuters) - The White House is "dusting off old plans" for a potential release of oil reserves to dampen rising gasoline prices and prevent high energy costs from undermining the success of Iran sanctions, a source with knowledge of the situation said on Thursday. U.S. officials will monitor market conditions over the coming weeks, watching whether gasoline prices fall after the September 3 Labor Day holiday, as they historically do, the source said. It was too early to say how big a drawdown would be from the U.S. Strategic Petroleum Reserve and, potentially, other international reserves if a decision to...
  • Gas Prices Set to Rise for Rest of 2012?

    08/13/2012 4:20:13 PM PDT · by Hojczyk · 64 replies
    CNBC ^ | August 7,2012 | Sharon Epperson
    Gasoline and oil futures surged Tuesday to the highest prices since May, as traders predicted the damage from a fire at California's third largest refinery could take months to repair. The lowest retail gasoline prices of the year may already be behind us, some traders say, especially in light of this incident as well as refinery issues around the U.S. and across the Atlantic in the North Sea. September RBOB gasoline futures briefly topped $3 a gallon Tuesday, and settled just shy of that mark, near a 3-month high. The more than 2 percent gain in gasoline futures sparked big...
  • California refinery fire will boost gasoline prices, experts say

    08/08/2012 5:43:19 AM PDT · by thackney · 57 replies
    A major fire at one of the country's biggest oil refineries that sent scores of people to hospitals with breathing problems will push gas prices above $4 a gallon on the West Coast, analysts said Tuesday. Story tools 21 Comments E-mail a friend Print Share on Facebook Digg this Seed Newsvine Send link via AIM Tweet this Font size : A | A | A The fire, which sent plumes of black smoke over the San Francisco Bay area, erupted Monday evening in the massive Chevron refinery about 10 miles northeast of San Francisco. It was out early Tuesday, although...
  • Fire shuts down major Chevron oil refinery in northern California

    08/07/2012 5:14:49 AM PDT · by John W · 14 replies ^ | August 7, 2012 | NBC News staff and wire reports
    Updated at 7:05 a.m. ET: A massive fire struck at the core of Chevron's large Richmond, Calif., refinery on Monday, spewing flames and a column of smoke into the air, and threatening a prolonged outage that may increase prices of U.S. gasoline. The fire was contained by 11 p.m. (2 a.m. ET), but not extinguished, according to the company. The fire has blazed for hours after it erupted at the refinery in a densely populated industrial suburb east of San Francisco. Smoke could be seen billowing over the Bay Area and four train stations were shut. Thousands of local residents...
  • Large fire burning at Chevron refinery in Richmond

    RICHMOND -- Crews are responding to a large fire at the Chevron refinery in Richmond. Flames and at least two large plumes of black smoke are visible from as far away as the Bay Bridge and a shelter in place warning has been issued.
  • Gas prices shooting up; Arabia set to make deal with Iran

    08/06/2012 1:08:04 PM PDT · by pabianice · 18 replies
    Fox News Channel (no link) | 8/6/12
    Now on Fox/Stuart Varney: regular gas up 24 cents in past 30 days. Saudi Arabia now in talks with Iran to form partnership (what great friends, the Arabians). In response, Obama sending private CA company first payment of $105M in our tax money for them to create fuel from household trash. Still refusing to allow any drilling in U.S. or offshore.
  • Energy Department sneaks offshore moratorium past public

    07/10/2012 11:40:19 AM PDT · by listenhillary · 39 replies
    Washington Times ^ | July 9, 2012 | Thomas J. Pyle
    While the Obama administration was taking a victory lap last week after the 5-4 Supreme Court decision to uphold the president’s signature legislative accomplishment, Obamacare, the Interior Department was using the media black hole to release a much-awaited five-year plan for offshore drilling. That plan reinstitutes a 30-year moratorium on offshore energy exploration that will keep our most promising resources locked away until long after President Obama begins plans for his presidential library. (snip) In the past three years, the government has collected more than 250 times less revenue from offshore lease sales than it did during the last year...
  • Gallon of Gas Equivalent for Electricity Prices (Where is the savings? NYC = $8 per gal)

    07/09/2012 10:12:14 AM PDT · by Titus-Maximus · 12 replies
    Electricity Choice ^ | May 2012 | Electricity Choice
    7 cents per Kwhr equals $2.338 per gallon. Electricity Costs for 1 GGE = 33.40 kWh For Local Rate Per kWh $/Gallon Equivalent $0.07 = $2.338 $0.08 = $2.670 $0.09 = $3.006 $0.10 = $3.340 $0.11 = $3.674 $0.12 = $4.000 $0.13 = $4.342 $0.14 = $4.670 $0.15 = $5.010 $0.16 = $5.344 $0.17 = $5.678 $0.18 = $6.012 $0.19 = $6.346 $0.20 = $6.680 $0.25 = $8.350 $0.27 = $9.018 $0.28 = $9.352 $0.29 = $9.686 $0.30 = $10.020
  • EPA Fines Oil Refiners for Failing to Use Nonexistent Biofuel

    06/23/2012 5:12:17 AM PDT · by rusty millet · 25 replies
    Hot Air ^ | June 22, 2012 | Howard Portnoy
    Question: Do you fill your car’s tank with gasoline that is part cellulosic ethanol, an environment-friendly distillate of wood chips, corn cobs, and switch grass? Let me answer for you: No, you don’t. You couldn’t if you wanted to. Petroleum products blended with cellulosic ethanol aren’t commercially available, because the technology for mass-producing cellulosic ethanol hasn’t been perfected. None of which has stopped the Environmental Protection Agency from imposing hefty yearly fines on oil refiners. According to the The New York Times, in 2011 automotive fuel producers were assessed $6.8 million in penalties. That amount is expected to climb dramatically...
  • Good Morning America

    06/22/2012 4:04:15 AM PDT · by scooby321 · 18 replies
    ABC | 6/22/12 | self
    Good Morning America opens with Oil Prices. Gas prices below 3.00 a Gallon. No Bad news on the reason why the economy is crashing 3.00 only in South Carolina and Virginia ( skipped New York and California.
  • The Coming Oil Crash (Good News! Gas Prices Could go Down to $2 a Gallon by Autumn)

    06/20/2012 9:19:43 AM PDT · by nickcarraway · 57 replies
    Foreign Policy ^ | JUNE 19, 2012 | Steve Levine
    My mom out in California is elated -- gasoline prices in her neighborhood are below $4 a gallon for the first time in four months. Less so are the world's petro-rulers, who are watching the price of oil -- their life blood -- plunge at a rate they have not experienced since the dreaded year 2008. Industry analysts are using phrases such as "devastation" and "severe strain" to describe what is next for the petro-states should prices plummet as low as some fear. No one is as yet forecasting a fresh round of Arab Spring-like regime implosions. But that's the...
  • What has caused the recent drop in oil price/bbl(about $20/bbl; $0.60/gal at the pump)? (Vanity)

    05/30/2012 7:51:58 PM PDT · by izzatzo · 49 replies
    self ^ | 05/30/2012 | izzatzo
    Actually, I know the answer to my own question. The answer is manyfold: Hussein has lifted the drilling moratorium; Hussein approved Keystone; Hussein has opened domestic exploration, drilling, and production; Hussein has opened the "strategic reserve"; Hussein didn't actually "invest" all those billions in Brazil's, etc. petroleum industries, he invested it our petroleum industry; Hussein Obama pees oil thereby increasing domestic supply driving the price down; isn't Obama wonderful? NOT I'm not an industry economist so what did I miss? Don't tell me it's all because of Memorial Day and summer's arrival, that doesn't make sense. This is not an...
  • 15 Facts That Even Obama's Biggest Supporters Should Be Able To Admit Are True

    05/19/2012 4:50:13 AM PDT · by Kaslin · 64 replies ^ | May 19, 2012 | John Hawkins
    "Everyone is entitled to their own opinions, but they are not entitled to their own facts." -- Daniel Patrick Moynihan Conservatives and liberals may disagree on reasons, motivations, and excuses for Barack Obama's performance, but the facts are still facts. There may be many reasons that a pro football coach goes 1-15, but everyone can agree that his record is still 1-15, right? Well, here are some basic facts about how the country is faring with Barack Obama in the White House. Take a look at the numbers, sans commentary, and make your own judgment about whether Barack Obama deserves...
  • Morning Bell: Obama’s Crucifixion of “Big Oil”

    05/01/2012 7:13:10 AM PDT · by LucianOfSamasota · 18 replies
    Heritage Foundation ^ | May 1, 2012 | Mike Brownfield
    If it ever was a secret, it’s not a secret any longer: The Obama Administration is on a vindictive campaign to injure America’s oil and gas industry. The proof materialized last week when video of an Environmental Protection Agency official revealed the White House’s vicious attitude toward the very industries that supply the American people a reliable, affordable energy source. Yesterday, that official fell on his sword and resigned to spare the president any further embarrassment from the truth he disclosed.
  • Obama Makes the Wrong Call on Oil Speculation (Speculator are NOT to blame for rising oil prices)

    04/27/2012 4:55:28 AM PDT · by SeekAndFind · 46 replies
    Fiscal Times ^ | 04/27/2012 | By BRUCE BARTLETT
    Lately, speculators have come under attack by Barack Obama. The president blames them for raising prices on oil and gasoline, and he has proposed new restrictions on oil traders. But this is a wrong turn on the road to a healthy economy. Back in 1958, onion farmers were concerned that speculators were taking advantage of them. They were especially concerned about the extreme volatility of onion prices, which could often double in a short period of time and then drop to a level below the cost of production. Farmers aimed their ire at the Chicago Mercantile Exchange, the principal futures...
  • EPA Official: EPAs "philosophy" is to "crucify" and "make examples" of US energy producers

    04/25/2012 5:15:38 PM PDT · by Nachum · 53 replies
    YouTube ^ | 4/25/12 | JimInhofePressOffice
    In a Senate speech, Senator Inhofe will draw attention to a little known video from 2010, which shows a top EPA official, Region VI Administrator Al Armendariz, using the vivid metaphor of crucifixion to explain EPA's enforcement tactics for oil and gas producers. In this video Administrator Armendariz says: "But as I said, oil and gas is an enforcement priority, it's one of seven, so we are going to spend a fair amount of time looking at oil and gas production. And I gave, I was in a meeting once and I gave an analogy to my staff about my...
  • Obama's Power Move: Scapegoating Speculators

    04/25/2012 8:54:40 PM PDT · by super_nova37 · 7 replies
    The Atlas Society ^ | April 25, 2012 | Walter Donway
    After all, if re-elected, Mr. Obama may come out the closet as a full-blown radical environmentalist, opposed in principle to the exploitation of natural resources for human wealth. In any case, he would have four more years to subvert oil production in the name of “alternatives.” If passed by Congress, or implemented administratively, his crusade to criminalize speculation will undercut the crucial economic role of speculators: to minimize the impact of projected future shortages. If left alone, speculators would do this by bidding up the present price of oil, reducing demand now and conserving supply, thus lessening the impact of...
  • Sherrod Brown lies about oil company "subsidies"

    04/21/2012 4:36:22 AM PDT · by reaganator · 19 replies
    Ohio U.S. Senator Sherrod Brown's comment on reducing the federal deficit, his number one point; "Cut $20 billion in spending by ending taxpayer-funded subsidies for the five biggest oil companies. The Big Five oil companies made a record $137 billion in profits last year and made more than $1 trillion in profits over the last decade. Every penny more at the pump increases their profits by another $200 million. Meanwhile, taxpayers spend billions each year giving handouts to these mega-corporations. I'm fighting to pass the Close Big Oil Tax Loopholes Act, which would end tax subsidies for big oil companies...
  • Pain At The Pump And Pain At The Checkout Line

    04/18/2012 6:19:05 PM PDT · by raptor22 · 5 replies
    IBD Editorials ^ | April 18, 2012
    Energy: The effect of restricting domestic oil production isn't limited to gas prices. Petroleum is used to make or move everything we buy. So a higher price amounts to an unconscionable tax on middle and working classes. Pump prices are now more than $2 higher than they were when President Obama took office. For a middle-class family that fills up, say, two cars with 15-gallon gas tanks each week, that amounts to an extra $3,100 a year — no small expense. But it's not just the price of filling up the family cars that's getting harder to afford. From the...
  • White House Stunned By Argentine Oil Expropriation

    04/17/2012 4:52:30 PM PDT · by Kaslin · 31 replies
    IBD Editorials ^ | April 17, 2012
    Diplomacy: After a weekend of cavorting in Colombia, the White House was caught flat-footed by Argentina's takeover of a big oil company whose loss will hike gas prices, harm Spain and slam U.S. investors. Lucky us. Never was a response to a global outrage more mealy-mouthed than the one from the U.S. after Argentina's President Cristina Fernandez de Kirchner, standing under a portrait of Evita Peron, announced a brazen grab for YPF, the Argentine oil company that's 57% owned by Spain's Repsol. Markets fell, world leaders denounced the violation of contracts and economically battered Spain rallied European Union support. But...
  • Sweet Schadenfreude: States that love Obama are paying the highest gas prices!

    04/16/2012 11:36:11 AM PDT · by jmaroneps37 ^ | April 16, 2012 | Kevin "Coach" Collins
    A review of current gasoline prices reveals an interesting fact. There is a solid relationship between the pump price of gas and local support for Barack Obama. The higher the chances of Obama winning a state, the higher the gas prices its residents are paying. The deep blue bastions of California Illinois Washington D.C, and New York pay the highest prices for gasoline and the reddest states like Wyoming, Montana, Oklahoma and Utah where Obama has virtually no chance of winning next November have among the lowest pump prices. Ninety percent of the states against Obama in 2008 prices below...
  • Most Albertson's In Central Fla. To Close

    04/13/2012 10:42:17 AM PDT · by sheikdetailfeather · 28 replies
    ORLANDO, Fla. -- A Central Florida supermarket chain is about to close almost all of its local stores. It's part of a move by Albertson's to end the majority of its operations in the state. For the last year or so, Albertson's has been shrinking the number of stores it operates in Florida. In Central Florida, six more stores are going to close in the next few weeks. Only a store in Altamonte Springs will remain open. Albertson's says the Florida market is not good for it, and with fuel and utility costs being what they are, it's closing all...
  • Obama Peddles Myths About High Gas Prices

    04/13/2012 7:26:24 AM PDT · by IBD editorial writer · 15 replies
    Investor's Business Daily ^ | 04/12/2012 | IBD Staff
    Energy: To hear President Obama talk about energy, you'd think annual oil price spikes were routine and predictable. But it's another energy myth Obama peddles to avoid responsibility for high gas prices. In February, Obama lamented these "gas price spikes that happen every year." A few days later, he talked about the need to "take control of our energy future" so we could "avoid high gas prices every single year." For Obama, this is a convenient excuse. After all, price spikes can't possibly be his fault, since they happen "year after year." Except it's not true.
  • Gas Prices Grow More Under Obama than Carter (Obama getting what he asked for, high gas prices.)

    04/10/2012 3:10:28 PM PDT · by tobyhill · 3 replies
    chicago tribune ^ | 4/10/2012 | Lauren Fox
    Marking the similarities between President Barack Obama's time in office and former president Jimmy Carter's is nothing new. But as of Monday, Obama has hit one more Carter benchmark - both saw gas prices double in their first term of office. [See Where Gas Prices are Spiking the Most] In fact, while just barely, Obama has seen an even higher gas price increase than Carter dealt with under his administration. Under the Carter administration, gas prices increased by 103.77 percent. Gas prices since Obama took office have risen by 103.79 percent. No other presidents in recent years have struggled as...
  • Gas Prices Grow More Under Obama than Carter

    04/10/2012 10:39:59 AM PDT · by MissesBush · 5 replies
    US News ^ | 04/09/12 | Lauren Fox
    Marking the similarities between President Barack Obama's time in office and former president Jimmy Carter's is nothing new. But as of Monday, Obama has hit one more Carter benchmark - both saw gas prices double in their first term of office. [See Where Gas Prices are Spiking the Most] In fact, while just barely, Obama has seen an even higher gas price increase than Carter dealt with under his administration. Under the Carter administration, gas prices increased by 103.77 percent. Gas prices since Obama took office have risen by 103.79 percent. No other presidents in recent years have struggled as...
  • Restricting Supply To Boost Prices

    04/09/2012 5:57:47 PM PDT · by Kaslin · 20 replies
    IBD Editorials ^ | April 9, 2012
    Energy Policy: The administration claims there's no "silver bullet" to lower gas prices and that they've kept rising in the face of higher domestic production, as if the law of supply and demand has suddenly been repealed. It hasn't, and increased production on private and state lands doesn't blunt the impact on prices when 94% of federal onshore lands and 97% of federal offshore lands are off-limits to oil and gas drilling. A key factor in gas prices is and always has been future supplies and potential disruptions to those supplies. Another is the fact that we are the only...
  • Gas Prices On Catalina Island Pass $7 Mark

    04/08/2012 3:21:29 PM PDT · by no dems · 16 replies
    CBS Los Angeles ^ | April 7, 2012 | CBS Los Angeles Staff
    AVALON, CATALINA ISLAND (CBS) — Catalina Island is known for many things… its picturesque scenery, seafood and hiking, to name a few. But what about high gas prices? For the past two weeks, gas prices on Catalina Island have been an average of $7 a gallon. Stacy Dizon, who works at the Santa Catalina Island Co.-owned gas station on Pebbly Road, tells CBSLA that a gallon of regular unleaded on Saturday is $7.03. (credit: Ivan Hernandez/Avalon Marine Dock) The gas station is one of two service stations catering to the island and nearby, Avalon. About 1.5 miles away, Ivan Hernandez...
  • Gas numbers game is a loser for Obama (A majority rightfully blame Obama)

    04/05/2012 3:51:31 AM PDT · by tobyhill · 15 replies
    washington times ^ | 4/4/2012 | By Dave Boyer
    President Obama’s poll numbers are up and the country’s unemployment figures are down — but $4 gas poses a potent threat to the incumbent’s re-election bid, polls show. Voters are giving Mr. Obama an emphatic thumbs down for his handling of gas prices — 68 percent disapprove of his response to the problem in the latest Reuters/Ipsos poll. The White House and Mr. Obama’s re-election team are acutely aware of the political danger. The president has given seven speeches in March alone on energy and gas prices in an attempt to convince the public that there is no “silver bullet”...
  • VIDEO: Gas price hypocrisy by the MSM - BUSH v. OBAMA

    04/03/2012 12:39:38 PM PDT · by QT3.14 · 2 replies
    Don Smith Show ^ | Recent - not shown | Don Smith
    In 2006 the Democrats and the media screamed bloody murder over the high price of gas. When Barack Obama was inaugurated, the average gas price was $1.87 a gallon. Now that the price has more than doubled, what are the Democrats and the administration saying now? Video here
  • EPA moves closer to OK of 15 percent ethanol gasoline

    04/03/2012 5:03:01 AM PDT · by thackney · 49 replies
    Fuel Fix ^ | April 2, 2012 | Associated Press
    The federal government announced Monday it has taken a step toward wide distribution of gasoline mixed with 15 percent ethanol by allowing manufacturers to register as suppliers. While the EPA is moving the process forward by allowing the registration, E15 still must clear another set of federal tests and become a registered fuel in individual states. Ethanol makers then must convince petroleum marketers to sell it at gas stations. Most ethanol fuel sold for passenger cars and pickups today is 10 percent ethanol and 90 percent gas. The new blend that boosts ethanol to 15 percent would only be sold...
  • House panel hits EPA on gas prices

    04/02/2012 8:52:06 PM PDT · by Rabin · 4 replies
    politico ^ | 3/27/12 | ERICA MARTINSON
    Republicans leading the House Energy and Commerce Committee are charging that the (EPA) agency does little to determine how its regulatory agenda affects prices at the pump — The price per gallon is up a little more than 30 cents from a year ago, according to data from the Energy Information Administration. Refiners met federal requirements to drop the amount of sulfur in gasoline from 300 parts per million to 30 ppm. Now, the EPA wants them to bring it down to 10 ppm.
  • Our Disingenuous President

    04/02/2012 4:32:25 AM PDT · by Kaslin · 18 replies ^ | April 2, 2012 | Bruce Bialosky
    Many Americans believe that whenever a politician opens his mouth, something pops out other than the truth. But on the issue of energy, this President has really stepped into an issue and now seems able to maintain his political credibility solely with more lies and obfuscation. We live in an age in which America and the rest of the world has a huge need for electrical power – with no evidence of reduced demand on the horizon. Even though our automobiles, appliances, and tools have become more energy-efficient, we have more devices than ever like smartphones and tablets and...
  • Higher U.S. Gas Prices And The Illusion Of Economic Recovery

    04/01/2012 4:41:36 PM PDT · by blam · 5 replies
    TMO ^ | 4-1-2012 | Bob Chapman
    Higher U.S. Gas Prices And The Illusion Of Economic Recovery Economics / US Economy Apr 01, 2012 - 02:25 AM By: Bob Chapman The housing recovery seems to have been a temporary affair. Preliminary data frames March as weak as last October. It looks like lower interest rates boasted sales. Those rates are up from 4.72% to 5.02%. Worse yet, Operation Twist is over. That is where the Fed sold the short end of the bond market and bought notes and bonds of 5, 7, 10 and 30 years. Even though the BIS, The Bank for International Settlements, said the...
  • Obama Kills Atlantic Offshore Drilling For Five Years

    03/30/2012 1:27:16 PM PDT · by trappedincanuckistan · 87 replies
    Big Government ^ | March 30, 2012 | John Sexton
    Yesterday the Obama administration announced a delaying tactic which will put off the possibility of new offshore oil drilling on the Atlantic coast for at least five years: The announcement by the Interior Department sets into motion what will be at least a five year environmental survey to determine whether and where oil production might occur.
  • Real American Energy Could Create Real American Jobs

    03/29/2012 6:03:59 AM PDT · by Kaslin · 1 replies ^ | March 29, 2012 | Joe 'The Plumber' Wurzelbacher
    President Obama supports job creation, economic growth and revenue generation – except when he doesn’t. Official announcements from his Labor Department reported that the nation’s February unemployment rate is still 8.3 percent. That’s a decent decline from previous months. But the reality is far worse. Most of that job growth was in business and professional services, and half was temporary. Millions of Americans are working part-time or multiple low-wage jobs to make ends meet. Overall, 23.5 million are out of work or underemployed. Factor all that in, and the real unemployment rate is 14.9%, according to University of Maryland...
  • Gas Prices Hurting Obama in ... Blue Jersey?

    03/29/2012 5:24:52 AM PDT · by EricTheRed_VocalMinority · 7 replies
    Vocal Minority ^ | 3/29/12 | EricTheRed
    I've been disturbed, but not surprised, by the Obamedia's coverage of gas prices. The same media who blasted George W. Bush on a seemingly hourly basis for the gas prices of the time -- which was a fraction of what they are now! -- are providing cover for their messiah on fuel costs and are doing virtually nothing to challenge his most inane excuses for them.Last night, unable to sleep and not interested in anything on the tube, I turned on the local NJ talk station and sure host Ray Rossi was discussing the skyrocketing gas prices. When he announced on...
  • Populist 'Free Gas' Bill Comes At A High Cost - Dems voucher plan would cost taxpayers $304 million

    03/28/2012 8:35:56 AM PDT · by MichCapCon · 18 replies
    Capitol Confidential ^ | 3/28/2012 | Tom Gantert
    State Representative George Darany would like to give every Michigan resident making $100,000 or less a state subsidy to help cover the cost of gas. Darany, a Democrat from Dearborn, introduced House Bill 5476 in March. According to Michigan Votes, the bill would “give individuals with annual incomes below $50,000 a per-vehicle fuel subsidy of $100, payable in the form of a ‘refundable’ state income tax credit. A $75 per vehicle subsidy could be claimed by those with incomes between $50,000 and $75,000, and a $50 per vehicle subsidy for incomes between $75,000 and $100,000.” Gas paid by their fellow...
  • GOP's gas price politics could prove fleeting (Obama takes office $1.68, Obama now $3.88)

    03/27/2012 3:31:03 AM PDT · by tobyhill · 29 replies
    msnbc ^ | 3/27/20112 | Michael O'Brien
    Republicans have in recent weeks waged an all-out blitz against President Barack Obama over the issue of gas prices, but the political benefit could prove fleeting, if and when fuel prices decline. The steady rise in gas prices this spring provides Republicans with their most immediate example of the pocketbook fleecing suffered by voters, prompting the party to pounce. While some indicators point toward a tentative economic recovery -- which could be to the president’s political benefit -- the lost income associated with higher gas prices has led the GOP’s presidential contenders and leaders in Congress to complain that it’s...
  • Obama's Real Oil Agenda

    03/26/2012 7:15:52 AM PDT · by Kaslin · 9 replies · 13+ views ^ | March 26, 2012 | Dan Holler
    Soaring gas prices pose a major electoral vulnerability to a President so damaged he refused to celebrate the two year anniversary of his marquee domestic accomplishment. That is why, for the past several weeks, President Obama and his administration have been in damage control mode. At stops around the country, he sought to deflect blame for the pain Americans are experiencing at the pump. President Obama’s basic defense goes something like this: presidents cannot control the price of gasoline, but I have increased domestic oil production and decreased our reliance on foreign oil, so really, when you think about...