Not Logged In Log In   Sign Up   Points Leaders
Follow Us    11:40 PM

GasBuddy News Article

Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Here's The REAL Reason Gasoline Prices Have Been Surging In The US Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
sparky808
Champion Author Honolulu

Posts:4,592
Points:919,620
Joined:Sep 2011
Message Posted: Feb 28, 2012 12:20:13 PM

Where is the article?
Profile Pic
confetti
Veteran Author Tampa

Posts:354
Points:492,640
Joined:Jan 2006
Message Posted: Feb 27, 2012 11:39:37 PM

I can't see any article here either.
Profile Pic
ebowMA
All-Star Author Boston

Posts:931
Points:892,560
Joined:Apr 2008
Message Posted: Feb 27, 2012 3:48:20 PM

If we weren't so desperately dependent on oil this wouldn't matter.
Profile Pic
CPGas1815
Champion Author Michigan

Posts:6,060
Points:1,110,190
Joined:Apr 2008
Message Posted: Feb 27, 2012 3:26:37 PM

Unrest in the Middle East, the party of "BIG Oil", and the unrepentant lust of the U.S. Oil industry is why gasoline prices have become unaffordable.

Just 4 years ago the first digit on a gas station marquee was a 2 as in 2 dollars and change for a gallon of gasoline. Now we are about to see a 4 or even a 5 as the first digit on a gas station marquee. How sad...
Profile Pic
bobsalwaysmt
Champion Author Long Island

Posts:5,295
Points:297,000
Joined:Oct 2007
Message Posted: Feb 27, 2012 3:14:16 PM

Not buying it!
Profile Pic
jb107
Champion Author New Jersey

Posts:11,203
Points:2,954,500
Joined:Sep 2005
Message Posted: Feb 27, 2012 3:09:27 PM

It would be good if there was something there to read.
Profile Pic
SpankyMI
Champion Author Kalamazoo

Posts:4,105
Points:1,058,360
Joined:Jan 2011
Message Posted: Feb 27, 2012 3:04:48 PM

We need two separate oil markets, one for Asia, and one for the rest of the world!
Profile Pic
caddilac
Champion Author Ontario

Posts:18,485
Points:2,476,130
Joined:Apr 2007
Message Posted: Feb 27, 2012 3:02:14 PM


"Given where we are in the year, prices are unusually high. And if trends hold, then the national average will be well over the $4 freakout point sometime this summer."

"freakout point"??????

It it that easy to get people to "freakout????

Are we adults or unstable children that "freakout" at things????

Use less, means to buy less, means to spend less, and no "freakout".
Profile Pic
bby
Champion Author Twin Cities

Posts:7,295
Points:1,351,800
Joined:Nov 2009
Message Posted: Feb 27, 2012 2:58:39 PM

Ok
Profile Pic
TXGasPriceSpy
Champion Author Fort Worth

Posts:9,496
Points:1,802,800
Joined:Sep 2008
Message Posted: Feb 27, 2012 2:58:28 PM

Very well said 58salty.
Profile Pic
bbthegun
Champion Author San Diego

Posts:6,879
Points:1,978,360
Joined:Sep 2006
Message Posted: Feb 27, 2012 2:58:06 PM

So the moral to the story is we need more supply, not puppy and flower petal green energy solutions that are only band-aids.
Profile Pic
RaginCajun68
All-Star Author Fort Worth

Posts:860
Points:210,610
Joined:Sep 2005
Message Posted: Feb 27, 2012 2:57:37 PM

The article could have have been written shorter. All of the explanations in paragraph 4 contribute to it. Period...end of article.
Profile Pic
dadis46
Champion Author Maryland

Posts:9,780
Points:1,374,500
Joined:May 2006
Message Posted: Feb 27, 2012 2:55:11 PM

Oil company CEO want a bonus after they show their are profit in first 3 month of the year that the reason they jack up the price.
Just wait and see the profit report in April.
It same thing every year
Profile Pic
DickAAA
Champion Author St. Louis

Posts:2,414
Points:1,537,095
Joined:Jan 2005
Message Posted: Feb 27, 2012 2:54:46 PM

Great article. Very factual and based on data which is difficult to read. Makes me want to vote for real isolatioism.
Profile Pic
peakkeller
Champion Author Colorado Springs

Posts:2,464
Points:940,545
Joined:Dec 2009
Message Posted: Feb 27, 2012 2:49:21 PM

Good article - same reasons as other articles I've read.
Profile Pic
ItisAJeepThing
Champion Author Tucson

Posts:26,085
Points:2,488,150
Joined:Oct 2006
Message Posted: Feb 27, 2012 2:48:23 PM

We can make a little difference with conservation. We can make a little difference by drilling more, but that will take time. We can keep making hybrids and electric vehicles, but they have range limits.

We need to develop a real alternative to oil to power our transportation in this country. We have a 100 year supply of mostly untapped natural gas. Drill for it, compress it until it is a liquid (LNG) and start converting 18 wheeler diesel trucks to use it, about $3,000. Install high pressure tanks and filling systems at all truck stops on the Interstate Highway System and in large cities. American automobile manufacturers should start equipping many cars and light trucks with LNG fuel systems. LNG is cheap, runs cleaner than any other fuel and we don't have to import it.

Energy independence for the U.S. ASAP!
Profile Pic
lisamls
Veteran Author Sacramento

Posts:465
Points:103,005
Joined:Jul 2008
Message Posted: Feb 27, 2012 2:48:22 PM

now
Profile Pic
thirty8paces
Champion Author Baltimore

Posts:5,710
Points:1,372,040
Joined:Sep 2008
Message Posted: Feb 27, 2012 2:47:45 PM

Whatever.
Profile Pic
cmsense
Champion Author Columbus

Posts:1,358
Points:165,345
Joined:Jan 2012
Message Posted: Feb 27, 2012 2:46:28 PM

Chicken Littles!!!
Profile Pic
1178richmond
Champion Author New Jersey

Posts:3,775
Points:964,350
Joined:Feb 2011
Message Posted: Feb 27, 2012 2:46:00 PM

ok
Profile Pic
ftsgt
Champion Author Illinois

Posts:14,010
Points:2,738,890
Joined:Dec 2004
Message Posted: Feb 27, 2012 2:45:25 PM

well over $4 will not be good at all
Profile Pic
jpj23
Champion Author Los Angeles

Posts:6,689
Points:1,293,750
Joined:Jul 2008
Message Posted: Feb 27, 2012 2:45:07 PM

At least the U.S. is finally getting tough on fuel economy standards after decades of caving into to the auto industry for exemptions and delayed deadlines. And a big reason Detroit rolled over on this is because GM and Chrysler are beholding to the feds for bailing them out, otherwise I suspect they'd be up to their old tricks again. So, maybe that bailout had a secondary good outcome.
Profile Pic
Grismer
Champion Author Kitchener-Waterloo

Posts:10,205
Points:2,060,245
Joined:Apr 2008
Message Posted: Feb 27, 2012 2:44:22 PM

The reasons are multiple but will produce one overall effect...the destabilization of domestic economic growth.
Profile Pic
mfeldstein
Champion Author Ottawa

Posts:9,742
Points:2,244,355
Joined:Feb 2007
Message Posted: Feb 27, 2012 2:42:33 PM

This is getting complex, isn't it?
Profile Pic
ROSYMI
Champion Author Michigan

Posts:1,028
Points:604,675
Joined:Nov 2011
Message Posted: Feb 27, 2012 2:42:32 PM

the rich get richer and poor get poorer
Profile Pic
skeeterbait
Veteran Author Knoxville

Posts:345
Points:253,450
Joined:May 2009
Message Posted: Feb 27, 2012 2:42:27 PM

Just remember companies can make the numbers say what they want them to say, not what they really are.
Profile Pic
PizzaMon
Champion Author Philadelphia

Posts:5,894
Points:2,177,180
Joined:Jun 2006
Message Posted: Feb 27, 2012 2:41:51 PM

Maybe the real reason but not the ONLY reason.
Profile Pic
garman87
Champion Author Austin

Posts:4,128
Points:2,694,025
Joined:Aug 2005
Message Posted: Feb 27, 2012 2:41:00 PM

Glad I have a temporary job that is close by.
Profile Pic
58salty
Champion Author Jacksonville

Posts:75,420
Points:960,140
Joined:Aug 2011
Message Posted: Feb 27, 2012 2:40:59 PM

dyanmouse said it like it is.

Obama is the problem. Everything has gone to hell since he took office. Wife has the biggest staff ever.
It's Obama's way or it's Bush's fault.

We must vote this man out. We still do not really know who he is. He should be sent to prison for all the crimes he has committed against America & his wife should have to pay back her staff's salary.

Bottom line Obama is the reason prices are where they are today.
Profile Pic
MG_Sputnik
Champion Author Philadelphia

Posts:8,894
Points:2,293,445
Joined:Apr 2006
Message Posted: Feb 27, 2012 2:39:08 PM

So now they're telling us demand is high in Asia and that's driving prices. BS!
Profile Pic
seabrz7
Champion Author California

Posts:1,400
Points:224,810
Joined:Feb 2012
Message Posted: Feb 27, 2012 2:38:46 PM

We have already hit the freakout point in calif. Whatever the next term will be, we're not far from it right now.
Profile Pic
colaguy
Champion Author Columbia

Posts:4,065
Points:1,216,885
Joined:Oct 2008
Message Posted: Feb 27, 2012 2:38:21 PM

don't care why, just know that if they go much over $4, look out as we'll soon be headed toward another recession
Profile Pic
4TIGERDOG
Sophomore Author Phoenix

Posts:238
Points:319,685
Joined:Feb 2011
Message Posted: Feb 27, 2012 2:35:48 PM

HERE IS THE REAL REASON-OBAMA
Profile Pic
DrivingFool2
Champion Author Appleton

Posts:10,314
Points:1,937,915
Joined:Apr 2005
Message Posted: Feb 27, 2012 2:34:13 PM

Speculation doesn't hurt the cause also
Profile Pic
zorgchris
All-Star Author Massachusetts

Posts:841
Points:547,635
Joined:Jun 2005
Message Posted: Feb 27, 2012 2:34:00 PM

points
Profile Pic
redtruck01
Champion Author North Carolina

Posts:2,125
Points:1,671,175
Joined:Mar 2009
Message Posted: Feb 27, 2012 2:33:55 PM

The real reason is because we have to have it and they know it. I guess they could really charge anything they wanted since our Government leaders are in bed with them.
Profile Pic
marsbars
Champion Author Alaska

Posts:3,392
Points:1,336,035
Joined:Sep 2006
Message Posted: Feb 27, 2012 2:33:53 PM

No matter what people say it will be what the powers that be want it to be.
Profile Pic
jpmorgas
Champion Author North Carolina

Posts:12,946
Points:2,501,850
Joined:Jul 2006
Message Posted: Feb 27, 2012 2:31:06 PM

stop the crap shoot in gasoline commodities.
Profile Pic
rwrMO
Champion Author Missouri

Posts:2,546
Points:581,170
Joined:Jun 2011
Message Posted: Feb 27, 2012 2:30:19 PM

sounds like a load of bull to me
Profile Pic
GasPrice10112
Rookie Author Quad Cities

Posts:74
Points:14,905
Joined:Feb 2012
Message Posted: Feb 27, 2012 2:30:19 PM

The oil companies keep getting richer!
Profile Pic
fbenda
Rookie Author Chicago

Posts:59
Points:1,571,070
Joined:Apr 2007
Message Posted: Feb 27, 2012 2:27:28 PM

What ever they say the reason is, it's the speculators that cause the price ups and downs. Maybe they need to be controlled?
Profile Pic
CiVX
Champion Author Oakland

Posts:8,502
Points:1,676,105
Joined:Feb 2009
Message Posted: Feb 27, 2012 2:26:07 PM

So its not a lack of drilling, supply or not approving the KEYSTONEXL.
Profile Pic
djm5x9
Champion Author Atlanta

Posts:1,848
Points:519,230
Joined:Nov 2010
Message Posted: Feb 27, 2012 2:25:16 PM

OK.
Profile Pic
waggsNE
Rookie Author Nebraska

Posts:28
Points:43,535
Joined:Feb 2012
Message Posted: Feb 27, 2012 2:24:22 PM

GREED!!
Profile Pic
car54BC
Champion Author British Columbia

Posts:3,992
Points:1,569,485
Joined:May 2008
Message Posted: Feb 27, 2012 2:23:24 PM

It really isn't supply & demand.
Profile Pic
Michaels2011
Champion Author Florida

Posts:2,141
Points:106,005
Joined:Apr 2011
Message Posted: Feb 27, 2012 2:20:51 PM

Does'nt matter what the "real" reason is we still get screwed.
Profile Pic
DeeLA
Champion Author Los Angeles

Posts:6,444
Points:1,695,970
Joined:Nov 2008
Message Posted: Feb 27, 2012 2:19:07 PM

Interesting.
Profile Pic
clww
Champion Author Virginia

Posts:54,530
Points:1,863,325
Joined:Nov 2008
Message Posted: Feb 27, 2012 2:18:53 PM

I feel better after reading this already......NOT!
Profile Pic
rawdog1313
Champion Author Lexington

Posts:4,858
Points:1,976,995
Joined:May 2008
Message Posted: Feb 27, 2012 2:17:47 PM

Outlaw Oil Speculation!!
Profile Pic
Cappuccino1
Sophomore Author Madison

Posts:194
Points:978,390
Joined:Oct 2008
Message Posted: Feb 27, 2012 2:17:00 PM

"So what explains the sudden rise in oil? Well, basically, good old supply and demand." Yeah, but what is determining the demand and supply?
Post a reply Back to Topics