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Price of gas is going up, up and up.


Posted: Mar 4, 2012

Lately all you hear about is price of BCP's, but why is no one worried about gas???  I think this is something to really be worried about.  So how will you deal with $5 a gallon gas this summer?  Will this cut into your budget even more and effect your lifestyle?   We know Obama is worried right now, because this will undoubtedly effect his plans for re-election.  Where I live, people are worried about price of food, clothing, and other essentials of daily living.  Those who commute long distances to work may have to weigh the benefits versus risks of holding onto their jobs and if they should relocate for sake of job or just stay put and hope for a miracle.   Some people are predicting that $5 gallon gas will kill the already fragile economy.  Last year we were worried about $4 gas and what would happen to economy.  Hopefully the dire predictions will not come to pass; yet even those optimists are having a hard time seeing a bright future ahead.  

;

Gas prices - Well over $ 4.00 for me

[ In Reply To ..]
Obama does NOT CARE about what we go through. The sooner people wake up to that fact, the better. It makes me sick every time I get gas. When Bush was in, gas went to $ 4.00 and dropped to $ 1.56. When Obama took over it was $ 1.86. Today, my gas was $4.25 (high test $4.75) for the cheapest and has risen steadily each and every week. It is impacting everything else, as well. Obama cancelled all but 3% of gas areas allowed drilling and cancelled almost every permit granted under Bush. Obama has stated he wants our gas prices in line or higher than Europe's which puts us at about $10.00 a gallon. Personally, I think the dire predictions are going to come to pass because Obama is so completely totally incompetent.

Why is this Pres. Obama fault??? - sm

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Last I knew he was for getting drilling started in the US again instead of getting our oil overseas??? So how is this is doing. I am just curious. Is there any articles you can direct your claims to that I can read and verify it is Pres Obama's doing or his administration?

Obama's fault - goldie

[ In Reply To ..]

Whoa, take a breath.  I'm not the OP, but I don't think the post mentioned anything about it being "Obama's fault."  The poster was merely stating a fact that MANY people will have a hard time voting for Obama if the gas prices stay this high or go even higher.   This administration (and others before) can play with the numbers all they want with umeployment numbers and such and tell us how things are looking up.  Wasn't last summer billed as the "Summer of Recovery" by the administration?   The number they can't play with is the price of gas and food (and other goods).  The fact is that those numbers hit people hard and the Hope and Change folks should be very concerned about a second term.

It's Not ~ SM - Anoni~

[ In Reply To ..]
As much as everyone wants to point fingers at whoever is in the White House, it's the speculators and corporations who are doing this to us. We are producing more oil in our country and it's all being shipped overseas so they can make larger profits.

One person does not run this country, and one person cannot stop this. Until we all learn to play nice with each other and band together against these b~~~ards nothing will change.

Obama fault big time - Increase oil production here

[ In Reply To ..]
market price drops world wide. Try actually reading the gas production charts and oil production stats. Guess that's too hard. Easier to defend the limp rag in the White House...it's getting harder all the time to defend that idiot.
Check your charts and see how much US oil is being - shipped overseas by oil companies. nm
[ In Reply To ..]
.

Speaking of oil speculation being the cause...sm - VTMT

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of higher gas prices, read this. http://www.sanders.senate.gov/newsroom/news/?id=7FB6728B-29A4-46A6-8A8F-A5655818CAA6

Obama's fault - because it is

[ In Reply To ..]
Go to Dept of Energy site. Pull up the maps (off shore maps available as well). They will show you where drilling was allowed pre-Obama. Then pull up the maps post-Obama. Any increase in drilling presently is due to permits issued by Bush, but Obama has shut many of those down, too. Also review the permits that had been denied by Obama, areas closed for drilling by Obama on shore and off, permits issued by Obama, but refusal of Obama administration for those permits to be instituted. Look at the loans (yeah like we can afford to loan out money) to Brazilian oil company (Soros major stock holder at time) to drill oil in Brazil, forsaking USA drilling. Obama talks out of both sides of his mouth all the time. Sections of ANWR had been opened, Obama closed them. Under Obame, federal land drilling for oil, at last review, had been decreased to 3% of what it was pre-Obama. Pipeline offered by Canada, Obama refused. BTW, Canadian pipeline plans did not offer 1 route as Obama belly aches about. Several options were provided to bring this oil here - Obama refused them all. Gas exploration for vheicle use was refused by Obama. This is done by PRIVATE investors. Agan, BTW, if you also review the natural resources for oil, gas, etc., USA has more than ME countries. Obama policies has had a very clear, strong impact on oil production here in USA. It was been studied by multiple sources that USA could be free of foreign oil. Obama's "all of the above" is nothing but lip service and no action.

wrong wrong wrong - always blamin

[ In Reply To ..]
Free market forces, same as under all past presidents, future presidents. Increasing demand by developing countries, market speculation. Obama is the president, not the boogey man "some people" try to make him out to be. He has better things to do other than plot murders of kookie discredited publicity seekers like Andrew Brietbart. He does not control the free market. I am sure this goes right over your paranoid noggin, but posting for others who read the board.
We are not all insane on this board.
Word.
gas - goldie
[ In Reply To ..]

I'm not sure how you tie in Andrew Brietbart to the price of gas, but the Obama administration does, in fact, have an effect on the free market.  Not directly, but through policy.  He has made it clear his disdain for oil, coal and nuclear power.  I would love to run my car on cow farts, but I don't see that happening in my lifetime.  And electric cars?  That's really not working out as planned.  I don't think the tree-huggers realize that the electricity has to come from somewhere and 98% of it comes from ... wait for it... coal. 

Wow! Are you misinformed. What Anoni is says - is correct. nm

[ In Reply To ..]
.
Wow! Are you misinformed. What Anoni is says - is correct. nm - Speak for yourself
[ In Reply To ..]
X
Anoni is totally correct - and actually uses facts
[ In Reply To ..]
to make her point rather than conspiracy theories.
Anoni is not using any facts - try getting the figures
[ In Reply To ..]
Stats from the Energy Dept. do not support your drive by theories. Far more than what OP states is involved and Obama DOES NOT ENHANCE THE PROCESS IN ANY WAY. OPEC does regulate oil price; however, whenever USA steps up domestic production, OPEC drops the oil price. I know these stats are not as intersting as your comic books, but they are all there. Where were you in defense of Bush when he got blamed? Spinning the next conspiracy theory?
Nope .free market. - Bush
[ In Reply To ..]
Did not blame him either. He was responsible for a sweeping array of atrocities, but never thought he was a magician who controlled oil prices. Lets not get our shoes mixed up.

It already cuts into my budget and affects my lifestyle. - Increased price of diesel means - sm

[ In Reply To ..]
absolutely everything you buy in the store will go up in price... AGAIN.

So this summer I'll deal with $5/gal. gasoline by buying fewer new items, and more used items. Or making my own. I won't take a vacation. I won't even take a "stay-cation". The travel/hotel/entertainment industry won't be seeing any of my money.

Likely many others will be dealing with increased gas costs in the same way. People in the retail, travel, hotel etc. industries will lose their jobs. And we'll be right back in another period of high unemployment.

Meanwhile, the government will likely keep on spending more of our tax dollars on obtaining MORE oil, rather than doing the smart thing, and supporting research that would eventually get us OFF of fossil fuel altogether. But hey, that's never gonna happen, because Big Oil and Big Energy are in bed with the government, and keeps paying them to keep us addicted to oil.

It's all a house of cards that will eventually come crashing down if no one has the foresight to start doing something about it NOW.

Prices AND production are up, demand is down - US is a net exporter

[ In Reply To ..]
so supply and demand are not the forces at play here. Drilling is not a NOW solution, but investigation and regulation of oil speculation is. The last thing we need right now is another bursting speculation bubble.

Too bad the Republicans hate regulation - sm

[ In Reply To ..]
and they ain't too good at investigations, either.
Too bad the Democrats have freedom -sm - sm
[ In Reply To ..]
"and they ain't too good at" governing/leading either.
Too bad the Democrats hate freedom - *correction*
[ In Reply To ..]
x

where did you get - Sunshine

[ In Reply To ..]
the idea that gas should be affordable. In the history of the earth people and animals have to struggle to survive and find resores are hard to find. It is not your godgiven rite to have inexpensive fuel. If you need more get a parttime job at the fuel station. This is capitalist system and it is the way it goes. The president is not your father or your protector he is an administrator so get over blaming 1 man for the eb and flood of a capital society

Totally agree. We need to increase subsidies to Big Oil - nm

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Market speculation is what is killing us... - sm

[ In Reply To ..]
If they end this (like I remember hearing they were going to), gas would not fluctuate. It is this b.s. speculation that is wreaking havoc. And another thing, why do my gas stations here in Vegas raise their prices as soon as they hear the price of oil is going up? They order this fuel in advance when the prices is lower. They have already paid for it but bang us by panicking!! Wind and solar farms are not the saviors - absolutely not. Home solar panels are the way to go if you live in an area like I do.

You're right. Speculation in all aspects. I particularly - hate buying homes on spec. (sm0

[ In Reply To ..]
Or "house-flipping". It makes the housing market volatile and artificially jacks up the price of homes, thereby squeezing people who really need those homes, especially smaller starter homes, out of the market. I also hate speculators that buy a small home (especially if it's in a neighborhood of small homes), and then bulldoze it and build an oversized McMansion that's too big for the lot it's on, and the windows of its oversized 2nd story look down into the homes and yards of the neighbors.

I really wish we hadn't bailed out Wall St., and had just let the stock market die. What good has ever come of it? It artificially raises the prices of staples people need. It makes stockholders greedy. It makes the IPOs greedy. And just look what it's done to the healthcare industry. Whenever a company sells shares of itself, I think it sells its heart and soul, and usually quality follows suit.

I'm with you on the housing thing. - Where I live

[ In Reply To ..]
in Central New Jersey, the housing market hasn't crashed; instead, they're bulldozing perfectly wonderful small homes and putting mini-mansions on them. If they don't/can't get away with that, they buy them up for rentals before buyers who will actually live in them can make an offer.
I think it should be illegal to flip homes. It should - be mandatory that in order to -sm
[ In Reply To ..]
buy a home, you have to keep it for no less than 5 years before you can resell it. It would protect real homeowners, and scare off the scumbag flippers.
I think it should be illegal to flip homes. It should - be mandatory that in order to - Another wanting to tell others how to live
[ In Reply To ..]
Must be a lib. Cannot stop from wanting to tell others how to live, work, invest their money...the "I know better" syndrome. At least the "flippers" make a living and no one has ever proven them to be on the govt dole. Yeah, I guess paying your own way is a bad thing now.

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