Gasoline Prices Jump

[Buckstops]

Gas prices showing 17 cent rise over last two weeks. (http://www.foxnews.com/story/0,2933,191086,00.html)

Figures--just as the weather is starting to get nice again and I got a new car, bang, prices go up.

[Mirror Lake 444]

Gas prices showing 17 cent rise over last two weeks. (http://www.foxnews.com/story/0,2933,191086,00.html)

Figures--just as the weather is starting to get nice again and I got a new car, bang, prices go up.

And it's probably only due to speculation that we may attack Iran at some point. If we attack Iran you will have more than gas prices to worry about. There will probably be a ripple effect effecting world economies that could cause you to lose your job in the end, and not be able to make the payments.

So cheer up! Things could be worse. Enjoy the present situation! ;)

[USA-1]

.

So cheer up! Things could be worse. Enjoy the present situation! ;)
Things will be worse.

[nonsqtr]

Yep, how did that happen?

For some reason, gas prices went back down after Katrina.

And now, they're back up. Just about as high as they were when it looked like the entire Gulf Coast supply chain might have been wiped out....

Hmmm.... fears over Iran? Nope, I'm not buyin' it.

This situation stinks of politics, it stinks to high heaven. I smell greed, and corporate profits, and politicians in the pockets of big business.

[poly_nightmare]

The gas prices are up because the summer vacation season is upon us. Which means that there will be more cars on the road.

[Daewoo]

Summer driving season + low gasoline reserves + high oil prices = high gas prices.

[SteveO]

The gas prices are up because the summer vacation season is upon us. Which means that there will be more cars on the road.

Exactly. It happens every year, even when we don't have troops in Iraq and Bush in office.

[Dangerrmouse]

Oil is almost 70 dollars a barrel today, on the back of worries about the possible invasion/nuking of Iran. Then Iran announced they have enriched some uranium. The sky's the limit for a while. Fill up while you can afford it!

[Dutch]

Oil is almost 70 dollars a barrel today, on the back of worries about the possible invasion/nuking of Iran. Then Iran announced they have enriched some uranium. The sky's the limit for a while. Fill up while you can afford it!

Take a good look around, DM. There are problems in nigeria, and venezuela isn't looking good at all. With the rise of india and china, and problems with oil suppliers, it doesn't look good. You're scottish living in england right? You, might be better off than those of us in the states, but not much. Both of our economies are based on oil.

[Pulcinella]

Figures--just as the weather is starting to get nice again

Ride a bike? Walk? Public transport?

[USA-1]

Ride a bike? Walk? Public transport?
To where? You won't have a job to go to. The entire economy runs on oil.

[Pulcinella]

To where? You won't have a job to go to. The entire economy runs on oil.

Good point.

[The Big Bog]

All I can say is, thank goodness we have a President in office who is committed to finding alternative energy sources--one who just can't possibly rest at night until it's done. :rolleyes:

[Dutch]

All I can say is, thank goodness we have a President in office who is committed to finding alternative energy sources--one who just can't possibly rest at night until it's done. :rolleyes:

In all fairness BB I've been waiting since the oil embargo of 73. This covers both republican and democrat presidents and congresses. I'm just glad I didn't hold my breath. :p

[Mirror Lake 444]

The gas prices are up because the summer vacation season is upon us. Which means that there will be more cars on the road.

Well thanks to my customers holding on to their money, and not doing business with me because my service is a luxury -- due to more descretionay income going to gasoline, I will proabably cancel my June vacation plans. :(

[Mirror Lake 444]

Exactly. It happens every year, even when we don't have troops in Iraq and Bush in office.

Yeah, oil goes up to the an all time high of 70 dollars a barrel every year due to summer driving season. Tell me another one. :rolleyes:

[Daewoo]

Yeah, oil goes up to the an all time high of 70 dollars a barrel every year due to summer driving season. Tell me another one. :rolleyes:

Oh, no, that is mostly due to the moron in the white house, and the idiot that occupied it before him, and a clear line of idiots back to reagan.

The new OPEC target price for oil is $50. They increased it due to devaluationof the dollar. Oil is above that because of supply disruption in Iraq and Nigeria, and the fact that Bush keeps threatening Iran, which puts serious doubts in people minds regarding future availability.

Nigeria is absolutly and without question the work of Clinton and Bush Sr. Iraq and Iran are without question Bush Jrs fault.

While oil is high, it is not unjustifiably high. Only Americans could be stupid enought o believe that they could devalue their currency for 30 yrs and their imported energy costs would not rise.

[Nuke the Oil]

Ummm... guys? Haven't you heard of this little holiday coming up called Easter? Oil companies always jack up the prices now to take advantage of all the travellers on the long weekend.

[nonsqtr]

Oh, no, that is mostly due to the moron in the white house, and the idiot that occupied it before him, and a clear line of idiots back to reagan.

The new OPEC target price for oil is $50. They increased it due to devaluationof the dollar. Oil is above that because of supply disruption in Iraq and Nigeria, and the fact that Bush keeps threatening Iran, which puts serious doubts in people minds regarding future availability.

Nigeria is absolutly and without question the work of Clinton and Bush Sr. Iraq and Iran are without question Bush Jrs fault.

While oil is high, it is not unjustifiably high. Only Americans could be stupid enought o believe that they could devalue their currency for 30 yrs and their imported energy costs would not rise.

Hmm... I'm sensing the possibility that you know something I don't.

Energy is a currency for a lot of countries, most notably these days the Oriental folks (including China and India and so on).

Right at the moment, the reality is that they're squeezing us out of the market. This whole "Big Oil" thing, right now, boils right down to that fundamental equation, as far as I can tell.

Jeb is a joke, and so is George W. (in spite of his ties to Big Oil - which right at the moment are raising our prices but aren't doing anything about the longer-term picture).

This is not a pretty picture. I sense longer-term discord here, and possibly nationalistic interests - in other words, WW-3.

And GWB has exacerbated that equation, by pressing the button on the world's number two oil supplier (and number three also, if you believe Fox News).

I, for one, don't want to participate in that. I'd rather pay five bucks a gallon at the pump.

Some people might have a different viewpoint though.

[Buckstops]

And hey, for the record, I use public transportation to commute to and from work. As it so happens though, I just bought a brand new car, and was looking forward to taking a road trip or two in it to take advantage of the spring weather. The cost of said road trip just went up. :(

[Mirror Lake 444]

And hey, for the record, I use public transportation to commute to and from work. As it so happens though, I just bought a brand new car, and was looking forward to taking a road trip or two in it to take advantage of the spring weather. The cost of said road trip just went up. :(

Well misery loves company and we're all in this together. :D

At least you can afford a new car! :(

[USA-1]

http://money.cnn.com/2006/04/20/news/economy/gas_demand/

"If everyone decided to drive 3 percent less the next 30 days, prices would crash," Tom Kloza, a senior analyst at the Oil Price Information Service, told the paper.

[Crosscheck]

I walk to and back from work everyday. It is 2 miles and takes 30 minutes each way.

Now I realize not everyone is fortunate to live 2 miles from work but oh how I look forward to doing that 30 minute walk. It is almost like meditation where you have time to yourself. It gives you that time to just reflect on everything.

What always amazes me is to see a half ton vehicle carrying a 135 pound woman or better yet that 4-wheel drive, raised dual cab pickup truck carrying that 5'6" 160 pound man.

An interesting article (http://www.gladwell.com/2004/2004_01_12_a_suv.html) discusses the American public and their misbelief in safety equals bigger. Below is a small sampling of the findings:

In a thirty-five m.p.h. crash test, for instance, the driver of a Cadillac Escalade—the G.M. counterpart to the Lincoln Navigator—has a sixteen-per-cent chance of a life-threatening head injury, a twenty-per-cent chance of a life-threatening chest injury, and a thirty-five-per-cent chance of a leg injury. The same numbers in a Ford Windstar minivan—a vehicle engineered from the ground up, as opposed to simply being bolted onto a pickup-truck frame—are, respectively, two per cent, four per cent, and one per cent.

[The Big Bog]

http://money.cnn.com/2006/04/20/news/economy/gas_demand/

"If everyone decided to drive 3 percent less the next 30 days, prices would crash," Tom Kloza, a senior analyst at the Oil Price Information Service, told the paper.
3% LESS???!!! :eek:

Surely you jest ... I think I'm going to faint.

[Richard Roma]

This is quickly becoming a political issue again http://www.nytimes.com/2006/04/21/washington/21gas.html?_r=1&oref=slogin

If I recall, this is going to be a temporary spike because of a change in additives in the refining process are slowing the process shorting the supply of fuel. This coupled with the normal spike that always occurs during the spring and summer season due to increased travel. Evidently the current additive was under severe scrutiny by the EPA because of its alleged effects on the environment. The federal governments refusal to protect the oil companies from lawsuits prompted the oil companies to replace the additive. This change will slow the refining process causing a decrease in supply to meet the increase in summer demand - the result is the higher gas prices. And there is a forcast that after a few months we should see prices in the low $2 range again. $2 / gallon isnt cheap, but if you live in a crowded city like mine - Atlanta, you will see that it has had no affect on demand.

[poly_nightmare]

I was watching FoxNews...yes that one...when I heard that Dems may use gas prices as their platform for the 2006 campaign. It would be a smart move, even though they don't have a real solution to the problem. Neither do the Republicans. The only solution to the problem of gas prices is to lower our consumption rate, something below 20 million barrels a day would be good.

[timlea]

as of 4/21/06 .... I paid 2.95/gal in west central WI

what are you all paying.

[Daewoo]

$2.95 for regular unleaded. $2.83 for E10 in Kansas (central)