Xmas is over and people are getting their tax refunds....what a coincidence that prices go up now.

The price here right is $3.45 and it usually rises in the summer. WTF! Does anyone remember the days when gas was $1.99? I should have purchased a large storage tank and stocked up. *wrinkles my nose *

For the uninformed (ie liberal Obamabots)...Oil is traded on the world market and value based in USD. If you lived in Europe and invest in oil, your euros would be first converted into US currency before the trade. When the US dollar is weak, like it is now due to over borrowing, printing with no collateral, and poor economic administration in general...this is the result. Your dollar is now the weakest it has been since the great depression and the only poeple to blame is this administration. Obama and Chu both stated 5 years ago this is what they wanted, you just ignored it.

The rise was inevitable timed just right to cover the $4 billion criminal settlement BP was ordered to pay last month... Guarantee BP will continue to have record profits and pay out billions in executive bonuses this year. No matter what fines they ever receive for anything they do, they will always just pass it off to the consumer. All of those Gulf state tourism commercials sponsored by BP (and the entire clean up) didn't cost BP one corporate dime either...

Posters: this has to do with the market and speculations; it has nothing to do with the federal reserve. I think a bunch of you needs an Econ 101 lesson. .

Crude prices have been falling and gas prices are rising. I wonder what is causing the price increase of gas at the pump. Could it be speculators playing their games again or could it be that we export too much product and this keeps prices artificially high. Or could it be a combination of these things and others feeding the greed of big oil....

I'm not supporting Obama, Part of the problem is the oil embargo on Iran which has cut oil supply. That is Obamas fault, but its not the FEDs printing as worldwide gas and oil prices have risen.

1. Iran oil embargo, millions of barrels a day held from supply

2. OPEC cut oil production by 1 million barrels a day

3. A slight increase in demand

4. Oil refineries claiming to be doing maintenance and repairs

GreatlyEntitled

Does anyone remember the days when gas was $1.99?

Try 75c a gallon.

Oil is not the problem. There are not enough refineries. Last one built was in 1979 and alot of them probably need to be upgraded. The excuse that 'Demand for gas is up, fueled in part by the return of more people to working' is a crock. Winter to summer gas sounds like califlower to beans bull.

I believe the Greedy oil producer, greedy oil companies should raise prices to 10.00 dollars a gal. Then we all can stay home. no work, gov gets no taxes to threw away, Gov employees will be at home, Gov Reps will stay at home and not threw away money or make unbelievable rules for the gready.

Greed, pure greed.

Yes it is indeed about the refineries. They use EPA restrictions as excuses for not building them and all the different regional gas blend rules make refineries start and stop production. If they just sold ONE kind of gas it would go down. If they built a whole bunch of refineries TEN YEARS FROM NOW prices would go down. They don't because they would be spending a lot of money to make less and they don't spend all that campaign bribery money for that.

I have been tracking the prices and I have noticed that prices have risen steadily since the first anouncement of Obama's second term victory. It started dropping as soon as the Republican nomination was all but secured for Robme at the end of June. At the end of October, some prices were as low (from 3.45 a gallon) as 2.85 a gallon. 1 week after Obama was re-elected, the price automatically jumped $.10 per gallon and has been rising since. Can't tell me that whether directly or not, Oil Giants have no control over who is running our country.

Hmmmmmm.... Interesting

Only 43 cents? Hey, gas has gone up 60 cents here in Oklahoma in 5 weeks!

Why is Hess closing a refinery in New Jersey that produces 7.5% of all the gas for the Northeast?

This is crazy!!!

Hey! Mr. Binkie- In response to your comment. If this country was energy independent with all our resources instead of supporting these Arabs oil we all would be paying far less for gas. I blame all Presidents from the past and Obama for this problem. I for one would rather support $$$$$$$$$ our own resources then give to these Arabs who hate our guts any of our hard earn money who want us dead.

With the rising cost of gasoline and the rising cost of pistol and rifle ammunition, I may have to cut down on my driving a little more.

Not sure what year you were born? But you are out to lunch on that one! Its GREED!

Greed Greed Greed. The US is the largest oil PRODUCER in the world.

BS greed -- just regurgitate the left talking points and MISS the real pic lapdog. Devaluing the currentcy with the fed printing presses working 24/7 thanks to the empty head in the WH is what's happening to the prices. You idiots can't stand the facts, especially if they put the blame directly on the golfer & liar in chief. As long as you lapdogs are getting your taxpayer funded freebies you could care less about what happens to America. Since the fed government taxes the MOST on gasoline prices it'll be nice to see EVERYONE paying their fair share little boy!

Notice the lib leghumpers avoid these topics- the reality is too much and might burst the bubble surrounding the non-reality they live in.

National debt today: $16.53 trillion and rising fast!

A refinery in the northeast is closing...Why? Switch over to summer formulas...Does this not happen every year? They can't plan for it? They don't need to plan for it because there is no REAL competition in this industry. (Why does Hess closing a refinery affect the price of the other suppliers?) These price hikes (and their excuses) are strategic decision by the oil companies They can't get hurt because there is collusion, they get huge government subsidies, and they pay no penalties for price gouging. It's a dirty industry in more ways than one.

You selfish-right morons that blame this on Obama are really grasping for straws. We need to find a way to move away from fossil fuels, and since "necessity is the mother of invention", I say these high prices are a means to an end. There IS global warming. 98% of scientist think so - not that you need them to say so, just look at the chart of average temperatures over the past 100 years. The selfish right is so concerned about leaving their children with too much debt, but they don't care if they leave them with a devastated planet.

Must be George Bush's fault! Couldn't be King Obama.

Let me understand this--the price of gas has gone up over the past 32 days because of how much money we've printed over the past 32 days. Americans are using less gasoline than ever. We are producing more domestic oil than ever. The reason the price is going up is speculators are driving the price up under the assumption that the global economy is getting better, thereby pushing up demand. Secondly, China is the fastest growing car market in the world--and it's still in it infancy! As more Chinese drive, the price of oil will go up even if we use less. That trend will not change--ever. There are 1.3B Chinese and 330 million American. Shortly, you will have a nostalgic view of $3.50 gas, just like I have a nostalgic, if not outright comical view of $.35 gallon gas.

try 25 cents, Mr. Peabody please turn on the way back machine.

Right King Putz, since when are Standard of Ohio and BP small drillers?

Remember how when gas prices went up and Bush was president? Bush and Cheney were crucified and Haliburton......fast forward.....Obama is president and NOTHING IS HIS FAULT. Double standard AGAIN!

Every one of those reason given is BS. It is cheaper to produce summer gas than winter gas. The anit freezing additive costs more. That refinery is STILL OPERATING so no slow daown has occured jsut to touch on a couple of them.

What really is going on is walstreet has decided that we are making enough now to raise prices. This was a direct quote 2 weeks ago for brokers. The sad thing is these moron brokers will make a few extra bucks but the higher gas prices will slow the economy very quickly. this alone has added another 20 dollars a week to the cost of gas for me to get back and forth to work for 5 days. This on an already strained budget only makes less available to spend on other things.

noncoms

A lot of nonsense here. Gas prices are going up because the economy is getting better. Remember 2008? Gas prices plummeted from $4/gallon to less than $2 because the economy was collapsing.

Prices are set by what the market will bear. It has nothing to do with the fed (jeez). Oil is an international commodity. The dollar is not getting weaker.

We (smart people, that is) expect the price of gasoline to rise when the economy gets better. Dumb people think it is a sign of things getting worse.

This is one of the biggest lines of babble I have heard in a long time. Where did you get this knowledge? Do you get paid by Obama directly or just post BS, or both?

I am totally flabbergasted with your "logic." My grand kids even know better.

Rising gas prices, yet another “brake pedal squeeze” on the economic recovery…..

The reason the price is going up is speculators are driving the price up under the assumption that the global economy is getting better, thereby pushing up demand.

Yes! Capital is being malinvested into speculation because of the Fed's policies. The Fed prints dollars, investors abroad buy those dollars and use them to bid up the price of oil.

It was all built up to Presidents Week! Kids off from school and off on the family trips! Next, Sring Break-another increase! Next, new summer blends coming-another increase! Memorial Day Weekend is not looking good either! So, theoretically, we should be bad shape by the Fourth of July! So, make sure you guys get it up to $6 or $7 a gallon and we might think about stimulating the economy! Happy Motoring!

BrianB-2641029,

You realize that Europes currency has also declined right? Maybe that's why its rising for them as well.

Observing2,

I dont think you ever took an econ class in your life. This econ major knows that market speculation is tied pretty firmly to what the government and fed both do. Please go to an econ 1 class to learn this.

My favorite part, was the one where a poster was complaining that Obama won't release more federal lands for mining. What the poster fails to mention, is that oil companies aren't pumping every well. They just set the well, cap it and think they should be able to pump it at their leisurely time. If they want on the land, then they need to get in there, get the oil, and get out, leaving everything pretty much as it was BEFORE they arrived. Instead, the oil companies will sit on wells and then pump when "Demand" and pricing is right.

Typical Right Wing hate. When prices were low we didn't hear a peep out of you; now that they're going up you're so quick to jump on the president as the cause. Is it possible for some of you to make a comment without berating people?

Speculators, supply and demand, and getting oil from hard to access places all drive up the cost of gas.

Satanick 1.3

Printing money stimulates an artificial economy, or a bubble as it is.

You could compare it to say eating candy. It will make you feel better for a bit, and then you will crash harder

OR

Printing money is like an alcoholic on beer. The empty carbs of the beer gives the person the impression they are full (Replaces the need for real food), but they really aren't receiving the nutrition they need.

How bad is the dollar? In 1966 you could buy a buy a brand new V8 Mustang for 2400 dollars Now a Jonsered 2188 chain saw cost 1200 dollars . half the price of the Mustang THAT IS HOW BAD IT IS

The Election is over!

The Liar in Chief was re-elected by those with their hands out!

Oil Companies RECORD PROFITS will continue under Obama.

http://thinkprogress.org/climate/2012/02/08/421061/big-oil-higher-prices-record-profits-less-oil/?mobile=nc

The PIPELINE will be built from Canada through the US.

All is well, there is no cure for stupid, greed, immediate gratification.

Americas voters reap what they sow!

Fed and state taxes are the big winners, 69cents a gallon taxes in California, Diesel is 79 cents in taxes, the oil companies make around 7 cents a gallon, so who are the greedy bastards.

piegan

...Tax, Tax that's all this President and the Left know how to do...

NO, Reagan and Bush I did a good job increasing taxes... and that was after lying they would'nt

For all the ignorant President Obama haters, this could school you girls on how the oil companies are @!$%#ing us, not President Obama:

http://seattletimes.com/html/businesstechnology/2020264440_apusearnschevron2ndldwritethru.html

February 1, 2013

Chevron Corp. posted a 41 percent gain in net income for the fourth quarter as the company produced more oil and gas, improved the performance of its refinery business and realized a gain from swapping assets in an Australian natural gas field.

Chevron Corp. posted net income of $7.2 billion for the quarter on revenue of $60.6 billion. That's up from $5.1 billion on revenue of $60 billion a year ago.

It was the biggest fourth quarter profit in the company's history. The company's annual profit of $26.2 billion was second only to last year's numbers.

http://www.bloomberg.com/news/2013-02-01/exxon-profit-rises-as-cheap-u-s-oil-lifts-refining.html

Feb 1, 2013

Fuel refining helped propel fourth-quarter net income to a five-year high of almost $9.95 billion for Exxon.

Top 3 of the10 most profitable U.S. companies in 2012:

1.) Apple (AAPL)

2.) Exxon Mobil

3.) Chevron (CVX)

On Feb. 5 BP announced a 2012 profit of nearly $12 billion, pushing total profits for the five largest oil companies to $119 billion for the year. As oil company profits approach record levels, drivers across America are facing gas prices that have surged 17 cents per gallon in just the last week, and 15 cents in Massachusetts. Oil companies are roughly getting $7 billion in annual tax subsidies. As usual, companies are running up the price to pad their profits. Closing refineries for "maintenance" is a crock of bull@!$%#.

It's something how many of you blame President Obama, but you probably don't want to remember, Chevron once had an oil tanker named the "Condoleezza Rice!!"

Big Oil companies under the Bush administration. Hey, I know it was ok back than, Bush was in the White House.

http://thinkprogress.org/climate/2009/05/27/204163/big-oil-made-over-600-billion-during-the-bush-years-but-invested-bupkis-in-clean-energy/

If you live in CA, state sales and income taxes have gone up, federal income taxes went up, SS taxes went up and gas is over $4.00/gallon because we don't use those red state cheaper blends and we hate refineries, the Keystone pipeline, offshore drilling and practical or cheap domestic energy production in general. But we will be the first to have cars that run on electricity, algae or recycled vegetable oil at five times the cost of petroleum. The Obamacare taxes are coming online, the providers and employers are bailing out. Thank you liberals for screwing up what once was the most successful and prosperous country on the face of the earth.

If you live in CA, state sales and income taxes have gone up, federal income taxes went up, SS taxes went up and gas is over $4.00/gallon because we don't use those red state cheaper blends and we hate refineries, the Keystone pipeline, offshore drilling and practical or cheap domestic energy production in general. But we will be the first to have cars that run on electricity, algae or recycled vegetable oil at five times the cost of petroleum. The Obamacare taxes are coming online, the providers and employers are bailing out. Thank you liberals for screwing up what once was the most successful and prosperous country on the face of the earth.

Everyone forgot the most important reason the oil companies have raised the price of gas - because they can!

I see no one mentioned that 43% of the gas prices are fed and state taxes ! Mostly for discretionary spending.

Donald, Gas prices have only consistently gone UP since Obozo came to power. Yes, they went down a bit last year, but it didn't last long.

Gas was 1.90/gal when Bush left office. It's now 3.90 and rising every day.

Typical GOP move, its just a form of Extortion in an attempt to force the pipeline down our throats maybe it time to be like other countries Venezueladoes it and it works for them maybe the Government need to take Oil out of the picture, watch all the cry babies bit_h about it. So instead of $9.00 Minimum wage I think it should be raised a few dollars more to afford the gas to get to work ..

Its time for the public to say "we are mad as hell and we are not going to take it anymore". How can we act. By simply NOT driving for one day. The loss in gas sales will make companies take notice and if that's not enough no driving for an entire WEEK.

Four short years ago it was $1.87 a gallon.

The article said it was in part due to the return of people in the workforce.......HAHAHA where??? What an outright lie.

How about all of these excuses including the one that is used every time, "seasonal changeover."

If the truth was known, "big oil" is taking advantage of a country that has an out of control government and one that is incompetent and will do absolutely nothing to control prices.

If you remember, Obama wanted higher gas prices in order to curtail the dependence of the US on oil consumption. He has now gotten his wish.

Gallon of gas in 1950 was .20 cents a gallon. Now $4.00 a gallon. So use the inflation figure of X 20

Gallon of milk in 1950 was .82 cents a gallon. So now it should be $16.80 a gallon ?

Dozen eggs in 1950 was .65 cents. So now it should be $ 13.00 a dozen ?

Cars are getting better gas mileage than they used to, and with more people out of work, fewer people are driving, but the amount of people eating food in the USA since 1950 has gone up considerably. So supply and demand? WTF?

Your elected government officials are lying to you and allowing big oil to gouge consumers during a massive worldwide recession. It may be time to organize another boycott (gasoline company name here) for a month and let's see what happens. This can easily be done now with social media, it already helped to topple a foreign government. I say let's do it. Anybody with me?

Exxon makes about 7 cents per gallon on a gallon of gas. Know what our governments make per gallon? Seven times that at 48 cents per gallon. Sounds like you need to boycott the govt Seven.

Go to a BP station and fill up and buy a bottled water. You pay more per ounce for the water than you do gasoline.

moshuluu - well said.

Wake up America oil companies have been doing this for the past 50 years. Every year they find reason to raise gas prices, first it was oil prices, then when the price of a barrel went down, it was the additives, now it's closing refineries for "maintenance" really. What next? Since the 60's gas prices have gone from $0.32 a gallon to $3.60 to $4.00 today. That transulates to a 1100% increase. Price of a barrel of was $20.00 to $80.00 a barrel which transulates into a 400% increase. Just a little disparity there 700%. Big oil has more excuses for raising the price of gas and never lowers it but their profits keep getting bigger every years at the working class expense.

Steve Chu and Barry Obama want $8.00 per gallon gas. At least they can do something.

I am sick and tired of being sucked for money. Eveyr day I look at my bills, and I see prices going up. Gas place says, its only going up a few cents here and there. Then you go to the grocery store, and you see prices up , and they say its only a few cents here and there. Your cable bills, internet bills, electric , water. ect ect they all say the same thing, bah.. its only a couple dollar increase, the price of a cup of coffee..

What these places dont realize is that if everyone raises prices , then that a HUGE impact on people who are just getting by in life. If it was just one place, who had to raise prices a couple of cents, sure no issues, but when you see increases on every single thing you buy or do even for luxury , like bowling, skiing , fishing. ect ect . prices go up every where on every thing..

I dont see the prices going up on my pay check to cover all these other increases. How in the world are we going to make it ? It almost seems futile, and pointless any more.

Im even tired of companies trying to make more money than what they already are ..

Example, every time I look at a King Size Snickers Bar, I remember they used to be one solid whole piece, now they come in two half pieces.. This is brilliant on the snickers company part. Lets sell the King size candy bar at the same price, but we will chop it into 2 pieces, round off the corners a little bit, have a little bit of spaces in between the 2 pieces. This might save them 10 grams or so in weight , maybe more, maybe less, but that weight times millions and millions of snickers bars made.. equals saving the company millions of dollars..

I hate this kind of stuff. Another example are places like wendys mcdonalds , burger king ect ect .. they redo their fry containers to make it look all fancy, but in the process your now getting less product than you used too. Same with their burgers.. more money less food. Its disgusting.

Just ignore that sinking feeling in your gut liberals, and keep telling yourself that you made the right choice in November.

Looks like the collapsing trolls are out again.

Update: I take that back since this morning, the price of gas went from $3.45 to $3.59. *growls*

The Purchase of oil futures needs to be outlawed... its criminal the control it has on the gas prices.

BWAH! I'M AMERICAN AND MY GAS PRICES ARE TOO HIGH!

And yet people want us to get out of the Middle East. Really. What kind of lie is that?

Tell yourself the truth. You like cheap gas, you cry whenever it goes up, and if some other country's children die over your cheap gas, you feel bad to justify that they die. Otherwise, you'd have voluntarily paid $8-$10 a gallon over the past year to your gas station attendant, so he could send the proceeds to his parent company to only import oil from the US and places in the world we don't exploit for oil.

Be honest. Don't worry, I didn't pay more either. I'm just saying lets stop lying about it.

Damn it - gas prices rising again? Must be Bush's fault! Oh wait, the price of gas was $1.78 when Bush left office. Oh no - Who can we blame?!!!!!!!!!!!!!!!!!!!!!!!!!

When asked about gas prices going up during the four plus years of the Obama Administration.........

Joe Biden said, "That is nothing but Malarkey!"

John Doe, "Just ignore the sinking feeling in your gut Liberals". John you sure went for the "jugular" on that statement because guts are all they have!

Whats so bad about the gas prices. Obama just said our vehicles are getting twice the mpg's since he has taken office.. So we are still better off. Right?

The reasons for the increase in the price of gas are many. First, our government has been printing trillions of dollars in order to pay for their massive spending. Second, we have an oil-hating intelligensia which has done its best to throw as many roadblocks in the way of more oil production, eg... Blocking the Keystone pipeline, putting multiple regulatory issues against drilling on government land. Finally, there is a government bias towards increasing taxes and adding even more regulatory issues on the oil industry. You cannot expect lower prices if the government is doing EVERYTHING they can do to increase prices so that we will change to a "government preferred" green energy industry.... even if the technology is not yet viable!

To all of the liberals who are still chanting that the increases in oil prices are Bush's fault I have to agree with you! If it wasn't for the relaxing of regulations and a pro-energy bias from his administration, vastly increasing production on private (not public) lands the prices would be MUCH worse! So the fact that we have not yet hit Obama's lusted after $8/gallon prices is definately Bush's "fault"!

Lets see, we have a huge spending cut, written by the House Republicans coming due march 1. We have a Congress in recess, doing nothing to avert the huge spending cuts they wrote.

Obama has suggested cutting tax subsidies to petroleum company's as part of a plan to avert the Republicans huge spending cuts.

Petroleum Company's are raising prises at an astronomical rate just before the Hugh Republican spending cuts take affect. Obama suggesting stopping tax subsidies to petroleum companies as part of avoiding the huge Republican Spending cuts.

Am I starting to see a pattern here? Does anybody else see a pattern here?

Let's see if NBC keeps this article on its website for as long as it kept he story of the Hagel debate.

Come on NBC - SHOW US WHY YOU'RE TIED FOR LAST WITH THE COMEDY CHANNEL AS A TRUSTED NEWS NETWORK!!!!!

the prices are the direct result of administration's devaluation of the currency. Oil industry has very little to do with it. They have costs also, and these costs are going up because the dollar is falling

oh bullsh!t, the price increases are the direct result of market manipulation by the oil companies.

closing refineries so they can scream "there is a shortage of production!!!"

it's Enron all over again

Irish 21 :

Did everyone hear that Obama played golf with Tiger this weekend?

I did hear that!

And I just knew that the price of gas would go through the roof! If only he'd focus on his job rather than playing golf, gas would be much cheaper!

Right, goosestepper?

its Enron all over again, except that the oil companies have an army of media whores to scream "its the governments fault!"

Ever since I bought my Leaf last summer, I have not concerned myself with the speculations of the oil markets and fluctuations in gas prices. The variations in gas prices due to impending hurricanes in the Gulf of Mexico, impending military conflict in the Persian Gulf, the tirade of a despot oil sheikh or warlord, changes from winter to summer blends in the Spring and back again in the Fall, a refinery fire here or there, etc... just don't bother me, l because I don't buy much gas anymore. These things barely register with me now. And I still find myself laughing out loud occasionally as I drive past the gas station. It is a pleasant existence once liberated from the oil companies.

WTF do the oil companies need those huge tax subsidies for anyways??!!

they made sense when oil was $10 a barrel (under CLINTON), but now? with the oil companies breaking their recod profits each and every quarter? THE TAXPAYER DOESN'T NEED TO PAY FOR THE OIL COMPANIES PROFITS!!!!!

To all of the liberals who are still chanting that the increases in oil prices are Bush's fault

dan m, you do know that oil was $10 a barrel when Bush took office, right? then it went up to $140 a barrel under Bush, right?

GAS ONLY DROPPED TO $2 A GALLON BECAUSE BUSH CRASHED THE ECONOMY!!

Four short years ago it was $1.87 a gallon.

another lying piece of misdirection, five years ago, it was $4.75 a gallon, it only dropped because BUSH CRASHED the ECONOMY!

I should be making tons of money if the oil companies are doing so well, but instead my stock prices are going down!

Maybe my PTR, CVX and XOM will pay me a record dividend next quarter? If you can't fight them, then join them.

Five dollar gas is part of the Obama Economy!! GET OVER IT!

Can't believe NBC Nightly News used "roll" for "role" as in "weaker dollar played a roll." Is this fomer English major the only one to spot the error? Gad to see it was corrected in this most recet post.

The price of American crude has stayed the same, it is just the American oil companies profit margin that has gone up.

Inflation? Has anybodies wages gone up??? No, just the prices have gone up. That is called a drop in standard of living, not inflation. Inflation means that there is more money in circulation, which then means that people are getting higher wages, this is not what is happening. They can print all the money they want but until it goes into circulation (as higher wages) there will be NOOOOO inflation. Record corporate profits means more poor people in America. Our standard of living was enhanced by competition. But Ronald Regan gutted the anti monopoly laws and now we are seeing corporations set prices (Walmart sets its price to sell and buy, thus its profit margin without regard). Corporations are now able to control our government, how much did General Electric donate to Obummer's campaign, you know the old business saying ROI (return on investment). Obamma owes a lot of favors which the public will get to pay for. And this goes for both sides and for the congress and Senate. We are going to see the compassion that large corporations have for the average joe (the average CEO now makes more than 400 of his employees added together, in the 50's it was just 20 employees). But hey, unions are bad. Fascism is defined as corporate controlled dictator. Hmm.

Where do I sign up for an electric car??? And some solar cells.

Finally, something Mr. Obama can take credit for while he is playing golf.

"Remember. $8 gas is the goal Obama set."

You're an idiot please show us all where he said that.

And everyone that thinks it has anything to do with Obama is also an idiot. The Oil companies are corporations that have a goal , like all corporation, to make profits. They do it by keeping supplies tight. Why do you think they haven't built any new refineries in decades and close others? I just love how you want to blame Obama for capitalism.

Oh and any of you morons think more drilling here will make prices go down I have a bridge to sell you. Just look at the price of oil today vs last month and its gone down yet gas is up. Again because they keep gas supplies tight, for a reason.

Even if they drilled more oil here unless they make a law that they can and do sell it on the open market it won't do us any good. The oil that comes from that drilling will not be United States property (Republicans aren't suggesting we nationalize the oil companies, are they?). It will be the property of whichever oil company got the rights to that contract. They can then sell it to whoever they like -- and they will. They will sell it on the world market, so the Chinese will have just as much access to the oil that comes out of the coast of Florida as we will.

In short there is plenty of oil its gas supplies and the lack of refineries that cause this. And if you don't think the oil companies know this you're insane, blind or just plain stupid.

Dave1bg
Your ideas about inflation are way off. All the money they are printing is inflating the stock market, specifically the bond market. There is inflation, you just need to open your eyes.

Inflation indeed that's why this President and his cronies are printing money like a drunken sailor.

Hmmm, that's easily checked... Let's just look at some numbers. US Inflation Calculator

George W. Bush's 1st term 2000 -2004: 9.7%

George W. Bush's 2nd term 2004 - 2008: 14.0%

Obama's first term 2008 - 2012: 6.6%%

Sure looks to me like inflation is a Republican thing!

SEE? Less than 24 hours later and this article is already off the website. Thanks for proving my point, NBC - the only self-proclaimed news network that is tied with the COMEDY CHANNEL for LAST as the country's most trusted news source! LOLOLOLOLOLOLOLOLOL.

EEngineer,

Please reference your source. Thanks in advance.

lets lok at this another way...according to our government...competition is suppose to control prices that we pay..keep things more affordable..however..just where is this competition..I have not seen any of it ...especiall yamong gas companies..they all raise their rates at teh same time..with in a few cents of each other..they all seem to need to do repairs at the same time....and of course..raise their rates also at the same time....I guess if your lobbyist hand out enough money...congress overlooks whatever they want overlooked.

EEngineer

Hmmm, that's easily checked... Let's just look at some numbers. US Inflation Calculator

Hope you did not work on the dream liner your numbers are not right the highest inflation for bush was 4% and in 2008 dropped to 1% but Obama's numbers are due to the economy is in the tank, so it's going to be low. Inflation on Obama's watch the highest was 3% in 2011 and at the end of 2012 it's 1.7%, which tells us Obama spent over 6 trillion, the economy is not any better off for all his spending. Now on Feb. 21 we will get Jan. numbers for inflation. If inflation still low then Obama and the Democrats are doing things to keep the economy in the tank like they did in the first four years so you could say inflation It would be a Democrat thing buy keeping it low.

I hope you're not an engineer that works on planes.

David-3994413

Add another 14 cents to that 43 cents. It jumped another 14 cents a gallon here yesterday afternoon. From $3.49 for regular to $3.63!!!

I can't blame the oil companies but I can blame our administration for leading the public to believe that it's the oil companies. Did so many forget about the implementation of the additive ethanol a few years back? O.K. I thought so, now I have to ask why we are paying the oil prices at the pumps for corn alcohol fuel? God do they think we are so down and distraught from starving that we can no longer think for ourselves? Sorry no such luck deep pockets take your oil stocks ride on another camel because it's a no sale here!

You can stick your head back in the sand boy.....considering that is where your voting ballot was November 2, 2012.

111pct

Are you Charlie Browns teacher?

Just like the raciest right. If the right can get away from there talking points lets get real here. Oil prices go up and down. The reason for the fast up is the commodity trading. Iran does something or North Korea goes boo prices go up. This is called Capitalism or greed. Capitalism is good but pure Capitalism will destroy this country as it is doing now.

Got you down to that does it? Keystone would have no effect on U.S. gas prices.

Jerry,

you are the same ilk that blamed Bush a few years back for oil prices.

Jerry what do you think made this country...welfare,...no it was capitalism at it's best, hard work. That ideal is evaporating as the almighty left thinks that the government is the answer to everything....in plain word

it ain't citizen.

Irish 21 I never blamed bush. He had nothing to do with it. Check some facts and you might learn that bush or Obama have little or nothing to do with oil prices. Commodity trading can run up the price to 200 dollars a barrel in a day. That is your cost of gas. One more thing if you look up facts you will see we export gas to Europe because the Oil company's make more for it.

Fact checking doesn't make you look foolish. Try it.

Why does Keystone need to go done to Texas? How about stopping at refineries in the Mid-west or build bigger ones in the Mid west. Texas has all the oil from the Gulf AND has to shut down for every hurricane.

justredd64 Read history the Founders warned about business. Look at the East India Trading Company. They hated it because it ran most all trading.

“Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good.” John Adams.

Pure Capitalism because of greed will never work. Capitalism left unchecked will let a small group of people monopolizes or run the country. The Rockerfellers for one. You wont check for fact so I wont go on.

king nuts Denver has a refinery. Small mom and pop refineries where bought out by the big guys and closed. Check out facts.

not my fault Oil from Keystone is already sold to China. Not one drop is to stay here. The Oil companys want it so they don't have to build a new refinery in Canada. There laws would kill the money to be made. Dam facts they just suck.

Stop reading the right wing talking points.

@ J-2304288:

Save your breath your talk to the choir and they are the only ones that know a damn thing and your never going to convince them other wise. And with all the stupid a$$ on here blaming Obama, well that just tells you that if any of them ever got divorced, the law say's they can call there X's sis.

Just proof that if you let illegals, idiots and welfare recipients vote... you get obama

Hey libs! If we produce more oil in this country that will increase the world's supply. If the supply for the world goes up the prices will either stabilize or not go up as fast. If the US produces more oil that is sold on the world market there will be more tax dollars going into the Treasury. If there is more money in the Treasury they have to issue fewer tbills and thus less debt. If there is less government and total debt, interest rates will either stabilize or even go down. The dollar will become stronger and also push the price of oil, based on the global market, down for all of us!

Hey Dan...we are using way less gas(not so many large SUVs on the road), pumping more and guess what? Gas is still going up. We could be the worlds largest oil suppler and the price would still be going up. Ya know why? Because they can sell it on the open market and as the CEOs said before...our bottom line is our shareholders. So, supply and demand don't mean crap. They can raise their prices because we have no other choices. No way Obama or the govt can be in charge of the 60 cent increase in the past month of so. Gas no longer in MO goes up anything less than 20 cents a time. There is no 5 cent increases...that only goes for gas going back down. Up 20 cents down 5, up another 20 down 3, up another 20 and here we are.

Why do people who contribute nothing to our country, ie don't pay taxes, get to have a say (vote) in what our country does? There is no other organization on earth that lets freeloaders have a say in what the group does. If you don't pay your organizational dues, what ever it is, you don't get to have a say in what it does. So why does an illegal alien, welfare recipient, or other government aid recipient's vote count as much as mine, who drags his butt out of bed every morning, works hard all day long, most of the time putting in overtime, and pays 30% to 50% tax? What a screwed up mess. (retired already paid their dues so should vote too) When you file your taxes you should get back a non copyable certificate to allow you to vote. Very simple.

who drags his butt out of bed every morning, works hard all day long, most of the time putting in overtime, and pays 30% to 50% tax?

too bad the wealthiest only pay 10-15% in taxes....if any

warren buffet had it exactly right

It's well over $5.00 here in Canada. Looks like the inflation cure is here.

DickCranium,

Work for the oil companies do you? That's got to be the most absurd rationale I've heard yet. The value of the dollar hasn't changed at all relative to oil costs.

Obama's policies DO have an effect on oil prices, groceries, insurance, HEALTH INSURANCE, etc.

Get off the kool-aid.

while telling us that we have sooo much oil right here, and we could become the #1 in exporting in a few year why are our prices keep on rising when they should be coming down, that is less we are getting from other countries or so call importing ???????????????????????????

Enron talked several power plants into going offline to create a shortage to raise the rates and they got away with it.

With the possibility of them losing their $2B in tax breaks, they've got to figure out how to replace it now.

Like when they raise prices immediately whenever the price of oil goes up (even though they are not paying for it immediately) and then ever so slowly lower it when the price goes down.

For the uninformed (ie liberal Obamabots)...Oil is traded on the world market and value
based in USD. If you lived in Europe and invest in oil, your euros would be
first converted into US currency before the trade. When the US dollar is weak,
like it is now due to over borrowing, printing with no collateral, and poor
economic administration in general...this is the result. Your dollar is now the
weakest it has been since the great depression and the only people to blame is
this administration. Obama and Chu both stated 5 years ago this is what they
wanted, you just ignored it.

You want them to come up with FACTS. Oh my God you bad bad little man. Never ask for facts from the right there little head will pop like a zit. Good job thanks!

MM, The White House never claimed that was why the price went up, they said that was why it was so painful. People who hadn't worked for months had to pay extremely inflated prices to get to work. You talk about low information voters. Oil companies make record profits while everybody else goes broke, and you can't do the math. Go back to grade school.

The world is changing deal with it!! This is the price of a global economy. We could go back to the time of industrial revolution and remove all EPA rules and reduce the pay for refinery workers to $3.00 per hour and take away all their benefits!!! Change takes time and is unavoidable, many are afraid we are losing our identity and moral values but no one can take that away from us just as we should not from others. Negative thoughts and beliefs manifest negative results!!!

When Bush was in office all you libs in the media and welfare recipients blamed him, now the shoe is on the other foot and obama isn't responsible for anything?? A$$hole$. Did you hear the other news today obamacare is not taking anymore people with pre-exsisting conditions. Wow way to go libs sell the American people another bunch of lies and the cool- aid drinking welfare recipients, illegals and idiots will drink it up.

This Hope and Change is Killing me!

Joe things have changed and the only thing left is Hope! I hope the country survives and it's people prosper.

Now hope in one hand and s*** in the other and see which fills first.

Don't worry, the Pres is using a golf cart. He could be flying around the country telling is all how good things are. May we someday get someone in Wash DC with ba--s to do something.

I would love to see a breakdown of welfare versus political party, I'm afraid a lot of you cons would be surprised to see so many Retardicans on welfare. Now go ahead, and support your rip off oil companies run by A-hole Republican Texans. I remember the last time oil crashed, it took your redneck state years to recover, remember Houston in the early seventies?

Yo, Pat, I am sure that there are many whites on welfare. I am also sure that the percentage of welfare recipients is skewed dramatically in the favor of minorities. Also, I have lived in an oil state during a downturn in oil prices and the state government was quite smart about their finances. While they were flush with oil, coal, and other mineral royalties, they put a large percentage of their revenues in a trust fund for the lean times. During the lean times the government spent a portion of this trust fund (while the costs would be much lower because of a recession) on infrastructure in the state. Thus, when the oil prices rose again they had the ability and infrastructure to capitalize on the upswing!

I guess liberal politicians believe that this state is just stealing from the poor instead of making their state a better place!

By that logic, gas should have been $2.00 a gallon when the economy tanked, right.

actually, it was...

We could go back to the time of industrial revolution and remove all EPA rules and reduce the pay for refinery workers to $3.00 per hour and take away all their benefits!!!

the dream of the oil companies and their lapdogs...

Did you hear the other news today obamacare is not taking anymore people with pre-exsisting conditions

dan m, did you read the news that the reason for that is the private insurance companies have to take over by NOT denying coverage for pre-existing conditions? it was a temporary fix until the law forced the private insurance companies to take everyone.

no. because acknowledging that little fact would make your head explode

Comment: Obamma doesn't set gas prices.

Right, sure, I believe that.

Right, sure, I believe that.

doesn't matter if you believe in the tooth fairy, the pres doesn't set gas prices.

remember? we deregulated the oil industry in the 70s.

Confused, the government (with the Feds help) creates the inflation that causes prices to rise.

It is the speed of the current rise in prices that is alarming.

And I suppose your food gets from farms to your grocery store in the mouth of big pelicans....

You got game.

The real problem is that we are printing our money faster than the oil supply can keep up. We have lower demand and higher supply and prices continue to rise because we are printing money.

Funny how conservatives think low prices at the cost of poisoning the environment is good. Short term gain is the only gain worth pursuing, right?

Read this. Nope you are wrong. The exchange rate, or the valuation has stayed in the 1.26 average against the Euro for the last 3 years. I am NOT picking up what you are laying down son.

Brainiac(not)

poisoning the environment... please...go hug a tree somewhere else... US is doing more for you lefties than any just about any other country...and where does it get us...unless the earth has 100% commitment from every country it is like spitting on a fire... lets get our finances on track and prove to everyone we are smarter and stronger...who is going to believe a country with the poor financial skills we have... would you trust a friend with your money who is always broke and spending money on things that have no return???

Danomite

The exchange rate was $1.43 on Jan. 01,2010 it hit a low of $1.20 on June 13,2010. That means the Dollar GAINED in value. Now the exchange rate is $1.33. That means that the Dollar has LOST value over the last 2 1/2 years compared to the Euro.

http://www.oanda.com/currency/historical-rates/

it dont bother them. They all get foodstamps! hahahahaahaa

"Cheap energy" means the continued burning of fossil fuels, which just happens to be destroying the planet. The survival of the planet trumps your cheap economics policy.

I wonder if Tiger shared any of his old phone numbers.

You're right it is all Buss's fault!

Hmm... if you've been following the gas prices for the last 12 years, as you claim, you'll notice a very strong trend... UP.

Crude is bought and sold on the comodities market world wide. We net import crude. We also import more than we use, so some of the refined product is exported. How's creating an energy source that can move you 30 miles for about $4 throwing you under the bus? The alternative is your stupid ass walking.... It's idiotic taxes and regulation that increase the cost of moving that $30 that'd be throwing you under the bus... but you're a clueless Liberal, so I really don't expect you to get simple economics... just class envy BS....

hey feddy,

how much big oil can you fit down that throat??

For theuninformed (ie liberal Obamabots)...Oil is traded on the world market and value
based in USD. If you lived in Europe and invest in oil, your euros would be
first converted into US currency before the trade. When the US dollar is weak,
like it is now due to over borrowing, printing with no collateral, and poor
economic administration in general...this is the result. Your dollar is now the
weakest it has been since the great depression and the only people to blame is
this administration. Obama and Chu both stated 5 years ago this is what they
wanted, you just ignored it.

A better set of questions is why is production down and why are refineries closed? One solid answer...EPA

simple economics and how they work is not the issue. it's the simple collusion of the parties involved. the powers-that-be have decided how much raw oil each bring to the surface, then to the refineries (that they own or co-broker -- same thing), where all those problems pop up that require a pullback on the final product -- in this case, gas -- being offered up to the markets for sale.

to deny any of this supply fixing is maddening to the folk on this site who 'think'. then to get all political (and mean-spirited) about this, only clouds the waters even more. it's not about blue vs. red, it's about us vs. them.

bottom line: their business model only serves to weaken our economy and country. true story.

So you want them to be centralized and controlled by some unelected bureaucrat somewhere? The government can't do anything efficiently, let alone run huge segments of our economy. Prices would go through the roof or there would be shortages. Prices aren't going up because the oil companies are gouging their customers, they are going up because of inflation. Commodities should not be controlled by the government and should be decentralized as much as possible to increase competition and limit power. You want to decrease competition and expand power.

Satanick.

Ridiculous...there is no inflation...we're still in a recession.

Have you looked at the stock market lately? There is plenty of inflation, you just need to open your eyes.

Stradsvita... Comrade Viktor wants the State to confiscate property. He's out there with Comrade Obama in his effort to tear up the Constitution. BTW, the prices are high because of high taxes and ridiculous regulation... but stay tuned, there's more of that to come....

Wow...how fast people forget about the gulf oil spill.

Fed up - "high taxes" - paid by whom? New flash, the oil producers get billions of taxpayer money in the form of subsidies each year. Good place to start the trimming, that - otherwise, the facilities might as well belong to the people who paid for them - us.

Ridiculous regulation is what took lead out of gasoline several decades ago, and brought down the level of smog in places like LA. Your long-term vision of the US is a third-rate third-world ecological and economic disaster.

Multi- BILLIONS in PROFIT per QUARTER is power, my friend. When they squash all other forms or sources of energy, that is not competition. That is more like a monopoly.

Because government is so good at running stuff??????? Typical liberal nothing the government cannot fix. Government is the reason the price goes up. In my home state the government is taxing 50 cents per gallon. They are making more off a gallon of gas than the oil companies. Then they regulate and tax and take drilling licenses and impose moratoriums on drilling, extort billions from oil companies. Half the people in this country think its because of the dirty oil companies. I am here to say it has alot to do with the current administration. Cannot build a pipeline, when was the last time they approved construction on a refinery?

Nobody has mentioned hedge funds which are scalping gasoline and food. They buy it before you and now it costs more.

Hedge fund scalping should be illegal.

Viktor Spinotti

Important commodities and infrastructure used by all should not be owned and controlled by the "free market".

Sounds like a typical liberal/Nazi/neo-Communist without a clue. The Dimocraps have long strangled a "free market". The EPA hasn't allowed a refinery to be built since 1979 for example. Too bad the brainwashed don't understand the concept of Capitalism=FREEDOM Socialism/Communism=Totalitariansim. Which do you prefer?

I didn't read anythin in the article that blamed inflation for the rising cost. Not sure where all these people get that notion. *scratches his head* What I read was the refineries were converting their supply to winter, which has an increase cost for production.

Guess these clueless people need to come up with some more falsehoods to blame the president. Clueless is as clueless does... Just like mama said.

John <numbers>: Your world-view is the simple-minded one, where everything is black and white. Don't attribute that idiocy to me; that's what's called "projection".

Fed up - "high taxes" - paid by whom? New flash, the oil producers get billions of taxpayer money in the form of subsidies each year. Good place to start the trimming, that - otherwise, the facilities might as well belong to the people who paid for them - us.

The politicians should not be able to sell that kind of stuff to companies. Everyone complains about lobbyists but no one asks why we let the government have all this power that it can sell to the lobbyists. We need to limit government so the free market can work. Without subsidies the price of gas might increase to the point where more environmentally friendly sources are actually economically viable. By subsidizing the market the government is distorting the market.

Ditto....onesoul4u2.....Obama is the president and when you guy's all blamed Bush, Cheney and Haliburton then it is only fair to put the blame on the man who is the leader of our nation today, OBAMA.

The government should control important resources like oil and nuclear power (we can't trust corporations to put safety over profits). Wouldn't gas be cheaper if the profit margin was taken out? Unfortunately, many people in our government are making money from oil stocks. They're putting their own self interests over the interests of Americans. Capitalism as it's currently being practiced is a failed experiment.

as GREED RISE so do GAS price the destruction of Obama is not over how soon WE forget PEOPLE.

Here is a fact most people do not know and it shows how the oil companies screw you. Gas did not contain Lead..Get that? Gas did not contain lead. They used to add lead to the gasoline to make it burn better in car's engines. EPA came along and said lead was bad for the environment. A good thing. So the smart oil companies made No Lead Gas and charged more for it. So get this straight now. They are charging you more for gas that they do not have to add lead to. They removed the process of adding lead and the cost of the lead, but they charge you more for it? Great Scam. If you want pie a la mode without the ice cream it costs more? Thanks so much. Kiss me next time before you screw me, and many thanks to the Washington idiots who let them get away with it. This really proves that you don't bite the hand that feeds you. Time to put a bounty on lobbyists.

starboy, put the blame on gas prices where it belongs...

Really, read something.

wasnt it 6 years ago when the Liberals were crying for Bushes head over gas prices that were almost to 3.50 a gallon? didnt they force him to release from the strategic Oil reserves? Not a peep from them now though? hmm wonder why?

Navy- because the pathological devotion to their party that is spending us into the ground has blinded them to the reality going on around them. Sieg Heil!

chip

When your boy Obama went into office, gas was at 1.89 a gallon. He said in 2006 that gasoline in the U.S.A.

should be at 7.oo, it looks like he is going to get his wish. Liberal agenda, high fuel.

Double Standard...Retired Navy......the Obama administration and the libs will never be responsible for anything and the left media completely agrees.

Chip

When was the last time that the Federal Gov't allowed exploratory drilling permits on Federal lands?

slodon,

Usually it is the states that decide exploratory drill permits. If it happens on public land (federal usually) then they go through the BLM most likely which doesnt mean they are getting a permit from the head BLM office. It means they are getting a permit from the regional state office. Most states have quite a few regions and each region has their own BLM office. I work in mining and we see exploratory drilling permits in Wyoming go through all the time. Yes, the feds usually wont allow exploratory drilling permits on lands such as national forests, national parks, national praries etc.

Watch the documentary "Gasland". Wells all over public land. places you can't go without a gas mask. sure made our parks into toxic wastelands.

cobra, an American sacrificing something, anything?

You can't be serious. That's blasphemous and un-American. How dare you!

Maybe that's because every single rail project has had huge overruns above what their costs were originally advertised. Charlotte's cost over double the original $200M estimate. More Liberal smoke and mirrors financing.

The train is the most inefficient means of transportation out there!!! Why does it have to be subsidized 75%. I will tell you what the train is, it is slavery. They tell you were you can go, when you can go. The amount of money they spent on the comuter train in Minnesota they could have bought a new car for every person who rides it and they would have spent less money. Once it is in place then we have a huge rope around all of our necks to support it. Local city and county taxes to help subsidize it. The train is a loser but democrats every where think they are saving the world by building trains.

cobra......we have a boondoggle train system built where I live, that went way over the estimated cost......and hardly anybody rides it. It will have to be subsidized by the tax payer untill the end of time.

Number of reasons, refineries, speculation, seasonal mix change-overs...

We had the chance to limit speculation (caps), but it was gutted from Dodd-Frank by guess who?

Obama is selling ours Deerhunterbow.

This is just some more of the "Hope and Change" Obama promised.

Michelle is proud of her country, now.

@Chip Girouard - You hit the nail on the head.

And these knuckleheads keep trying to push the blame on the President. Why all these people are hatemonger is beyond me. Guess that's the Republican philosophy.

Chip and onesoul

Commodity position limits - the maximum number of futures contacts that can be owned or controlled by an individual or entity - have been in the news since Judge Robert L. Wilkins of the US District Court for the District of Columbia rejected a new system of position limits developed by the Commodity Futures Trading Commission (CFTC).

http://farmdocdaily.illinois.edu/2012/10/position_limits_excessive_spec.html

Perhaps you two(2) should talk with Judge Robert L. Wilkins.

Doesn't look like the 'guess who' are to blame for the Judge to find that part of Dodd-Frank illegal.

Obama is NOT selling ours... OIL CORPORATIONS are selling our oil to other countries, because they can get a BETTER PRICE for it.

I am sure you are also proud of the 30 BILLION subsidy that the republicans give to oil corporations annually. It's nice to know we pay more at the pump so those oil corporations can keep more of their profits right?

how about the 500 Obama lost to Solyndra

All this and in Michigan, our republican gov. Snyder wants to almost double the state taxes on gasoline from .19/gal to over .30/gal. Today gas costs 3.95/gal here.

Yeah. How about that... 500 mill vs 30 BILLION ANNUALLY. Where is your disgust with the republicans on that? Oh my bad, we hold Obama to a HIGHER standard than the republicans

Check your oil company profits for the quarter. You'll find what happened to the lower prices. But then, you'll swear that it was some kind of a plot by Obama to steal our freedom.

How about the thousand plus people that lost their jobs when Solyndra went ? Bush did it....

Steven, do you have a quote or even second hand hear-say that supports the President's position that this is nothing more than a nuisance?

I suppose we could nationalize the oil and gas industries. Can you imagine the noise at the mere casual mention of such a thing??!!

Oh boy, then the oil industry would be operating at a loss too... terrific...

Hey Chip - see my post #10 and the subsequent hue-and-cry; you're exactly right about the noise any such suggestion generates :-)

The oil industry could run at a loss for the next hundred years and still have a net gain.

Capital is being malinvested into speculation because of the Fed's policies. The Fed prints dollars, investors abroad buy those dollars and use them to bid up the price of oil.

And exactly where would the electricity come from to charge that electric car bonehead? This administration is shutting down coal-fired electrical plants like gangbusters, but not letting any nuke plants be built. So you'd have a shiny new 3000 lb paperweight.

A smarter plan would be to built nuclear plants, use the capacity to separate hydrogen from sea water, and run cars on hydrogen fuel cells. When it's economically feasable... not by subsidizing it with my tax dollars....

MoreJustice....I don't know where you live but where I live an electric car is completely unfeasible. We have to travel many miles to do most of what we need to do. Gas is more economical. We have tons in America, the problem is the govt......pure and simple.

God, you people sound like dinosaurs living in the 1800's. Solar, wind, and natural gas are the future and are rapidly being realized. The government isn't the problem, it's the atavistic clamoring to stick with oil and coal that is the problem.

You all remind me of the types who railed against the feasibility of personal computers and the internet as a basis for commerce 20 years ago. What a bunch of out of touch losers. My favorite idiocy so far has been the diatribe about public transportation being a form of slavery. 2nd best is the ongoing argument that we are seeing the dollar inflate because of the Fed. Better than comedic TV and just as inane.

This administration is shutting down coal-fired electrical plants like gangbusters, but not letting any nuke plants be built. So you'd have a shiny new 3000 lb paperweight.

but new natural gas fired power plants are being built like gangbusters to replace the dirty, stinking coal plants

One word dimwit.... regulations... it takes an act of God to get a refinery thru all the BS environmental regulations... about the same as to build a nuclear power plant....

I don't doubt that part, at least to a certain extent. But why haven't the oil companies built, through the years, new refineries to handle the increased demand.

The EPA has not allowed a new refinery be built since 1979 is one reason. Why folks remain blind to the root of these problems is beyond me. On the one hand you have the liberal/Nazi/neo-Communist dictating oil companies etc. need to be nationalized. Obviously once again no clue. Look around the world at nations that have nationalized companies. It brings only ruin to you and me.

Put the blame where you wish. Bottom line; Dimocraps are destroying YOUR country. Pubes are no better either. Lawyers are the root of our ills yet where do you turn if you have a problem with a lawyer? The ABA? That's like complaining about a truck driver to the Teamsters.

So, instead of blaming corporate greed etc. let's blame those at fault. You and I.

GRIDLOCK IS GOOD FOR AMERICA!

EPA is the problem thanks Democrats

I agree with you WaltD but Fed Up has a good point also. I sure don't know the in's and out's about the gasoline stuff!!! I remember when my dad was pumping gas at .54 cents a gallon. My mom and dad helped me get a new car for graduation, but I still payed half. It was a 1972 Ford Pinto. It only cost me $3.00 to fill it up back then! I getting sick and tired of the newer generations blaming bigger cars, population ect. We should have started building MORE refineries back in my days! What, the population was going to stay the same? Bigger cars and trucks were going to stay the same? I don't think so! We have enough oil here in the USA to at least help cover our own butts if need be. If it hasen't happened now, it never will. At least in my days that are left. So after all these years, who do we really blame for the price of gas? Bottom Line?

Taxes....federal, state, county and city.....that's why gas prices are so high. Look it up.

WaltD.....blame the govt......they won't allow it.

NorthernPlains,

What was your hourly wage back then when you could fill the tank for $3.00?

So at .54/gal you could fill up your tank with 3 dollars? Never knew they made 6 gallon gas tanks.

ShandyJ in 1970 gas was 24.9 I could buy 4 gals for $1.00 and made $3.95 hrs . My wife worked at a steak house making $2.01 an hour plus tips, today that same job in Georgia pays $2.13 an hour plus tips. Today I make $35 hour and I'm just as broke as I was in 1970. Eggs 19 cents a doz, today $2.95, Coke 15 cents, today $1.50, chips 10 cents, today $1.49, A new tire for the car, $19.95, today $150. We will never win. In 50 years..... Chips $1.50 today in 2063 $21.95 I guess

We should have started building MORE refineries back in my days!

northplains, the OIL COMPANIES bought up and SHUT DOWN dozens to hundreds of smaller refineries during the 90s and early 2000s.

they SHUT DOWN tens of thousands of oil wells during the same period.

NOT because of "regulation", but because they "had excess production capacity".

now they are starting to do the SAME THING AGAIN!!

its just like ENRON, only the oil companies have a huge number of well-paid schills to sell the BS they are telling the suckers.

EPA is the problem thanks Democrats

ROFLMAO!

too bad it was a REPUBLICAN (Nixon) that created the EPA using an EXECUTIVE ORDER!

ROFLMAO!

you know "executive orders" right? those things that are supposedly making Obama into a dictator?

Shiva. You hit it on the head. That is how it really is.

I think you need to put the Koolaid down. It's Barry that blames everyone except himself or the libs.

Sheeple.........Harbinger.

Harbinger,

WTF does that mean anyway??

If the cost to business owners increase, so then does the price of the end product........!! Tax them more and YOU, not them, will pay for it!!!

TXHorseman- so what your saying is, the business owner is the real problem. I agree!

Airthief,

Huh?? If your cost of doing business increases, you will then increase the price of the end product or products to recover that cost. That up to a point given that people will stop paying at some level given ability, want, need or all of the above. Certainly depends upon the products.

One word: OBAMA.....he is smiling bigger and bigger for every penny more we have to pay for gas.

Right. Is there anything in the universe you don't blame on Obama? Didn't think so. Get a clue.

Scott - Just like there was nothing in the universe the liberal media outlets and liberals wouldn't blame Bush for. It's been over 4 years! I still hear them blaming him. Stinks when the shoe is on the other foot huh? Liberals are just as big of hypocrites as the far right.

Right... solar power will solve our energy problem. Super X, are you really Ed Begley Jr.?

You can't run a car on solar power.......take off your rose colored glasses and face reality. super x

Than convert your home to run on solar.

Show us the way.

Most people in California would stand in front of a train if Obama asked them too.

Since when?

Why not...Many people went to war because BUSH asked them too!

And a lot more people went to War because LBJ FORCED them too!

I remember BEFORE Obama was president, he said he thought the only way for people to quit using so much gas, would be for our gas prices to get as high as Europes. Well gas prices in Europe are 10.00 dollars a gallon or more. These high prices are making Obama very happy, I'm sure. Wake up sheeples.....this is going exactly the way Obama want's it.

Yes Eg.

He is certainly concerned for and looking out for middle America!!! Don't think so, just ask him. Oh wait you couldn't because he was with Tiger Woods (well known for his middle class status) in Florida playing golf while his wife and daughters were on an annual ski trip!!

Obama is no different than Bush except he has made wars bigger, debt bigger, and Wealthy Bankers richer. Gas is higher because nobody wants the US Dollar anymore thanks to our massive Federal Debt.

Rader....that is so untrue......but you are right about our national debt, which Obama has doubled in 4 years what it took Bush to do in 8.

No worries, deflationary crash will take the asset values down shortly. Get ready people! Crash is coming. Bucke up your seatbelt Dorothy, Kansas is going bye bye! Google for HAVE WE SEEN THE BOTTOM IN STOCKS to see why! We have a credit bubble fueled by low low low interest rates. It won't last forver. Gas prices along with every other price is going to collapse!

Johnnia,

Only Congress can declare war, so no matter what the president says, they can say no. Aren't the Democrats and Obama blaming the Republicand for blocking everything he wants to do??

Nice try and a deflection though!!