Got Gas? U.S. Economy to Worsen as Gas Prices Skyrocket

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fskimospy

Elite Member
Mar 10, 2006
87,726
54,731
136
Exactly!!!!!

They want to keep WASTING $$$$$ (Like it was candy) and get the $$$ back thru HI TAXES,GAS,etc...........

Taxes under Obama have gone way down.

Maybe you can explain how they are getting the money back through gas though?
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Why again are you posting the price of gas at a single gas station that is $1.65 over the city average cost of gas? Do you enjoy being made fun of with this behavior?

Ask the Denver Post why they are writing how Colorado is keeping the entire National average down.

It's the same thing.

Why do you enjoy being made fun of with this behavior?

3-5-2012

http://www.denverpost.com/breakingnews/ci_20102376?source=rss

Colorado gas prices 50 cents cheaper than national average


Gas prices nationally could reach a record of $4.25 a gallon by the end of April, topping the $4.11 set in July 2008, according to market analysts.


Though there is no prediction yet for Colorado, the state lags far behind the national average of $3.741 per gallon. Colorado's average price for a gallon of regular unleaded was $3.209, according to GasBuddy.com.


The state's 54-cent spread is a prime contributor to a record difference between national gas prices and those in the Rocky Mountain region.

Some of the cheapest gas prices in the country routinely are in the Rocky Mountain states. The reason is cheaper crude prices and refinery costs, according to the agency.


Refineries get most of their oil from within the Rocky Mountain states or nearby parts of the Midwest or from Canada.


In most years, the Rocky Mountain refineries pay about $3 less per barrel of crude than other parts of the country. By the end of 2011, the margin had spread to $16 a barrel, according to the agency.


 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally Posted by Londo_Jowo
I think McOwned is starving for attention and feels negative attention is better than no attention at all.

His behavior definitely supports this conclusion.

How do you two explain yourselves?

You two reply to my every post.

Sounds like you both are "starving for attention and feel negative attention is better than no attention at all".
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
3-5-2012

http://news.yahoo.com/gas-prices-spiked-speculators-congressmen-claim-064713484--abc-news.html

Gas Prices Spiked By Speculators, Congressmen Claim


The joint letter, which cites a recently updated report by the St. Louis Federal Reserve titled "Speculation in the Oil Market," urges immediate action by the Commodity Futures Trading Commission to install caps on the biggest traders on Wall Street, preventing them from controlling unusually large positions in the oil futures trading market.

The letter cites a failure on the part of the CFTC to enact "position limits" on those who trade in the oil futures markets. The Dodd Frank Act required the CFTC develop and enforce those limits by January 2011. More than a year later, they are not in force.
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
Originally Posted by Londo_Jowo
I think McOwned is starving for attention and feels negative attention is better than no attention at all.



How do you two explain yourselves?

You two reply to my every post.

Sounds like you both are "starving for attention and feel negative attention is better than no attention at all".

We provide the negative attention you crave so badly, that's why you post these gas prices that also provide links that own yourself.

I will state this again, only an ignorant braindead person would travel off the main drag to find/buy gas at $6.09 when $4.37/gal gas is just a few blocks away.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
I thought there was no Canadian to U.S. oil pipeline?

This Canada to Indiana pipe was blown up when two cars were drag racing.

3-5-2012

http://couriernews.suntimes.com/new...raise-price-of-gas-if-repairs-are-timely.html

Experts: Pipeline crash won’t raise price of gas if repairs are timely



A fatal drag-racing crash that shut down a 317,000-gallon-a-day oil pipeline likely won’t cause gas prices to rise, experts said Monday, as long as it’s up and running again by later in the week as predicted.


“If the repairs drag on, of course, that could change,” said Jennifer Brumback, an editor for the Oil Price Information Service.


Clean-up is underway after a Ford Mustang and a Chevy Trailblazer early Saturday morning crashed into a valve site in New Lenox Township that’s part of a 467-mile, 24-inch oil pipeline owned by the Enbridge energy company. The crash killed two people and, according to the Illinois Environmental Protection Agency’s early estimates, spilled 20,000 gallons of oil.

Enbridge spokeswoman Lorraine Little said the pipeline, known as Line 14/64, runs from Superior, Wis., to Griffith, Ind. It carries various commodities, she said, but mostly Canadian crude.

Patrick DeHaan, a senior petroleum analyst for the website GasBuddy.com, called the five-day shut-down of the oil pipeline “minimal.” He and Brumback said gas prices, though rising, aren’t being driven up by the crash.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Nobody cares about these fringe stations except you. Not a single person. You should just post these to notepad and save to your local machine and save spamming this thread with irrelevant nonsense. You're incapable of adding to a discussion.

You do because you reply every time.

You are apparently "incapable of adding to a discussion" as well then.
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
Climbing towards ~$7 in Los Angeles

http://www.losangelesgasprices.com/

$6.09

Chevron 811 W Olympic Blvd & Figueroa St

Los Angeles Samo1961

5 hours ago

Now for the rest of the story.

McOwnage.jpg
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
3-6-2012

http://finance.yahoo.com/news/first-person-were-already-feeling-pinch-higher-gas-165900534.html

First Person: We're Already Feeling the Pinch From Higher Gas Prices


Many financial experts are calling for $5 and even $6 gas. Unfortunately, this higher price trend is something that is already affecting my family in negative ways.

With the necessary amount of driving that my wife and I do our fuel costs have risen about $50 per month so far and this is with us planning our vehicle use each day. That money has to come from someplace and in order to account for it I have had to go into our finances and rearrange our budget. This has seen us taking that extra money from our discretionary spending and using it for our increase in gasoline costs. While that means less fun for the family, we have no choice in the matter as we have to drive and we insist on sticking to our budget.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
3-6-2012

http://abcnews.go.com/Business/gas-...ge-reaches-379/story?id=15850728#.T1YIPnnQeaQ

National Gas Price Weekly Average is $3.79


This is the highest price recorded in March, according to data going back to 1990.

GasBuddy has forecasted 2012 to be the "worst" year for gas prices.

Some consumers have been paying more than $4 a gallon for weeks.

Patrick DeHaan, senior petroleum analyst with GasBuddy, said every community in California is now above $4 a gallon. Gas prices in other metropolitan areas are rising as well.

Chicago is now above $4, a 45 cent a gallon rise in a month, DeHaan said.
 

The-Noid

Diamond Member
Nov 16, 2005
3,117
4
76
3-6-2012

http://finance.yahoo.com/news/first-person-were-already-feeling-pinch-higher-gas-165900534.html

First Person: We're Already Feeling the Pinch From Higher Gas Prices


Many financial experts are calling for $5 and even $6 gas. Unfortunately, this higher price trend is something that is already affecting my family in negative ways.

With the necessary amount of driving that my wife and I do our fuel costs have risen about $50 per month so far and this is with us planning our vehicle use each day. That money has to come from someplace and in order to account for it I have had to go into our finances and rearrange our budget. This has seen us taking that extra money from our discretionary spending and using it for our increase in gasoline costs. While that means less fun for the family, we have no choice in the matter as we have to drive and we insist on sticking to our budget.

Hint: If your budget revolves around the +- line at a $50.00 increase in fuel expense, you are living outside your means...
 

Doppel

Lifer
Feb 5, 2011
13,306
3
0
Hint: If your budget revolves around the +- line at a $50.00 increase in fuel expense, you are living outside your means...
Yeah that story was just pathetic to read. If the family is living that tight they are doing something seriously wrong. And they have kids, it's time to act like adults. High gas prices suck, but people need to chill it's not like milk costs $7/gallon. Now then I'd freak out.
 

CallMeJoe

Diamond Member
Jul 30, 2004
6,938
5
81
Hint: If your budget revolves around the +- line at a $50.00 increase in fuel expense, you are living outside your means...
As much as I hate to defend Dave, I must point out that he says a $50 increase in gasoline expenses will force his family to reduce discretionary spending, not that it will bust his budget.
He's talking about having less fun, not starving children.
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
Why again are you posting the price of gas at a single gas station that is $1.65 over the city average cost of gas? Do you enjoy being made fun of with this behavior?

As much as I hate to defend Dave, I must point out that he says a $50 increase in gasoline expenses will force his family to reduce discretionary spending, not that it will bust his budget.
He's talking about having less fun, not starving children.

You do realize that's the story of the family in the link and not Dave.
 

The-Noid

Diamond Member
Nov 16, 2005
3,117
4
76
As much as I hate to defend Dave, I must point out that he says a $50 increase in gasoline expenses will force his family to reduce discretionary spending, not that it will bust his budget.
He's talking about having less fun, not starving children.

Again, if things are budgeted so tightly that they can ascertain that they spent an extra $50 a month on gas and that it came from discretionary spending, the family is living outside their means.

Any kind of budget has ranges. You don't spend $200 every month on clothes, or $600 on food, etc. One month you may spend nothing on clothes and $800 on food.

If their budget items are that close and not in range form, that $50 kills the budget, they have bigger problems than gas prices.
 

cybrsage

Lifer
Nov 17, 2011
13,021
0
0
We provide the negative attention you crave so badly, that's why you post these gas prices that also provide links that own yourself.

I will state this again, only an ignorant braindead person would travel off the main drag to find/buy gas at $6.09 when $4.37/gal gas is just a few blocks away.

Isn't LA mostly filled with Liberals?

;)

EDIT: I wonder, is that very high priced station full service? If so, that would explain the difference.
 

cybrsage

Lifer
Nov 17, 2011
13,021
0
0
Again, if things are budgeted so tightly that they can ascertain that they spent an extra $50 a month on gas and that it came from discretionary spending, the family is living outside their means.

Any kind of budget has ranges. You don't spend $200 every month on clothes, or $600 on food, etc. One month you may spend nothing on clothes and $800 on food.

If their budget items are that close and not in range form, that $50 kills the budget, they have bigger problems than gas prices.


It is not just gas, a lot of people heat their homes with fuel oil. I talked to a friend who just payed over $3000 to fill her oil tanks up. She is SO thankful this winter has been very mild. She wants Al Gore and those like him who are trying to cool down the planet to die in a fire (pun intended), since they want to crush her with horrifyingly high heating bills.