Not Logged In Log In   Sign Up   Points Leaders
Follow Us    12:43 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
sparky808
Champion Author Honolulu

Posts:6,113
Points:1,385,010
Joined:Sep 2011
Message Posted: Feb 28, 2012 12:20:13 PM

Where is the article?
confetti
Veteran Author Tampa

Posts:420
Points:644,790
Joined:Jan 2006
Message Posted: Feb 27, 2012 11:39:37 PM

I can't see any article here either.
ebowMA
Champion Author Boston

Posts:1,031
Points:1,021,635
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.
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...
bobsalwaysmt
Champion Author Long Island

Posts:6,088
Points:335,125
Joined:Oct 2007
Message Posted: Feb 27, 2012 3:14:16 PM

Not buying it!
jb107
Champion Author New Jersey

Posts:12,911
Points:3,432,775
Joined:Sep 2005
Message Posted: Feb 27, 2012 3:09:27 PM

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

Posts:5,542
Points:1,520,715
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!
caddilac
Champion Author Ontario

Posts:20,386
Points:2,953,960
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".
bby
Champion Author Twin Cities

Posts:8,110
Points:1,702,115
Joined:Nov 2009
Message Posted: Feb 27, 2012 2:58:39 PM

Ok
TXGasPriceSpy
Champion Author Fort Worth

Posts:11,233
Points:2,277,975
Joined:Sep 2008
Message Posted: Feb 27, 2012 2:58:28 PM

Very well said 58salty.
bbthegun
Champion Author San Diego

Posts:7,757
Points:2,410,800
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.
RaginCajun68
All-Star Author Fort Worth

Posts:867
Points:292,750
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.
dadis46
Champion Author Maryland

Posts:11,695
Points:1,767,890
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
DickAAA
Champion Author St. Louis

Posts:2,579
Points:1,839,895
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.
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.
ItisAJeepThing
Champion Author Tucson

Posts:111,111
Points:2,968,000
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!
lisamls
Veteran Author Sacramento

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

now
thirty8paces
Champion Author Baltimore

Posts:5,714
Points:1,515,495
Joined:Sep 2008
Message Posted: Feb 27, 2012 2:47:45 PM

Whatever.
cmsense
Champion Author Columbus

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

Chicken Littles!!!
1178richmond
Champion Author New Jersey

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

ok
ftsgt
Champion Author Illinois

Posts:14,082
Points:2,994,855
Joined:Dec 2004
Message Posted: Feb 27, 2012 2:45:25 PM

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

Posts:7,517
Points:1,575,390
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.
Grismer
Champion Author Kitchener-Waterloo

Posts:11,790
Points:2,525,490
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.
mfeldstein
Champion Author Ottawa

Posts:11,429
Points:2,715,960
Joined:Feb 2007
Message Posted: Feb 27, 2012 2:42:33 PM

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

Posts:1,042
Points:965,855
Joined:Nov 2011
Message Posted: Feb 27, 2012 2:42:32 PM

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

Posts:345
Points:256,650
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.
PizzaMon
Champion Author Philadelphia

Posts:7,324
Points:2,645,665
Joined:Jun 2006
Message Posted: Feb 27, 2012 2:41:51 PM

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

Posts:5,116
Points:3,180,965
Joined:Aug 2005
Message Posted: Feb 27, 2012 2:41:00 PM

Glad I have a temporary job that is close by.
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.
MG_Sputnik
Champion Author Philadelphia

Posts:10,468
Points:2,772,405
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!
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.
colaguy
Champion Author Columbia

Posts:5,229
Points:1,593,195
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
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
DrivingFool2
Champion Author Appleton

Posts:12,067
Points:2,409,560
Joined:Apr 2005
Message Posted: Feb 27, 2012 2:34:13 PM

Speculation doesn't hurt the cause also
zorgchris
Champion Author Massachusetts

Posts:1,152
Points:914,910
Joined:Jun 2005
Message Posted: Feb 27, 2012 2:34:00 PM

points
redtruck01
Champion Author North Carolina

Posts:2,599
Points:2,121,180
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.
marsbars
Champion Author Alaska

Posts:3,749
Points:1,478,180
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.
jpmorgas
Champion Author North Carolina

Posts:12,973
Points:2,518,990
Joined:Jul 2006
Message Posted: Feb 27, 2012 2:31:06 PM

stop the crap shoot in gasoline commodities.
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
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!
fbenda
Rookie Author Chicago

Posts:61
Points:2,025,810
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?
CiVX
Champion Author Oakland

Posts:10,166
Points:2,159,515
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.
djm5x9
Champion Author Atlanta

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

OK.
waggsNE
Rookie Author Nebraska

Posts:28
Points:125,035
Joined:Feb 2012
Message Posted: Feb 27, 2012 2:24:22 PM

GREED!!
car54BC
Champion Author British Columbia

Posts:5,412
Points:2,037,845
Joined:May 2008
Message Posted: Feb 27, 2012 2:23:24 PM

It really isn't supply & demand.
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.
DeeLA
Champion Author Los Angeles

Posts:8,106
Points:2,167,360
Joined:Nov 2008
Message Posted: Feb 27, 2012 2:19:07 PM

Interesting.
clww
Champion Author Virginia

Posts:60,057
Points:2,321,825
Joined:Nov 2008
Message Posted: Feb 27, 2012 2:18:53 PM

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

Posts:4,878
Points:2,063,495
Joined:May 2008
Message Posted: Feb 27, 2012 2:17:47 PM

Outlaw Oil Speculation!!
Cappuccino1
Sophomore Author Madison

Posts:195
Points:1,299,685
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?
Red7002011
Champion Author Mississippi

Posts:6,720
Points:1,481,025
Joined:Jul 2011
Message Posted: Feb 27, 2012 2:16:57 PM

Really!
Post a reply Back to Topics