[CedarDave]

Ed Ellis is founder and president of Iowa Pacific Holdings, which is operator of numerous short-line railroads, both freight and passenger. In addition, IPH's operations include freight car storage, car repairs, car leasing, and property development.

The opinion appeared in the subscription Trainorders.com forum, however his remarks and some following comments are free to browse.

[null and void]

I've been putting this sticker on gas pumps:

"Somehow we have to figure
out how to boost the price of
gasoline to the [$8-$10/gal]
levels in Europe." - Barack Obama's
Energy Secretary Steve Chu. Had enough yet???

I've sized mine to fit twelve to a sheet of bumper sticker stock...

[napscoordinator]

120 dollars to fill up the car. It will cost 240 a month. Won’t completely destroy my budget but it won’t be fun. We do have two cars but I work 4 miles from home and my wife is stay at home. We are lucky. I know others who are not.

[CedarDave]

To cut down the article somewhat for excerpting, I left out this important prediction by Ellis:

We will see $6 this year or next, and $10 by 2015. The era of highways may not be ending, but it is certainly in twilight.

[Jack Hydrazine]

And who’s fault is it gonna be?????

Any one? Any one?

[Red6]

Because the government wants more money, oil companies want more money, and the consumer thinks that it's inevitable and has resigned to this reality.

Just promise the masses a “free lunch” and they will surrender their freedom of their own free will. Ignorant, apathetic, selfish, shortsighted, unprincipled, secular, far away from the ideas expressed in the US Constitution, Declaration of Independence and by our founding fathers.

[allmost]

That's a difficult headline to not click. China's stability is questionable imo.

Start with the elected US representatives. I read nothing in that article about the politics involved. $10 a gallon under a pelosi/obama/romney/pelosi... machine is entirely predictable. I think that even the hardcore lib/left/dems are getting frustrated that their fairytale hasn't worked out like they planned. That darn market reality, human motivation, which has befuddled every single communist since it's inception keeps the price target down around $7. ;)

[Rashputin]

The fascist democrat party will loudly proclaim that we have to have Federal gas rationing once it hits five dollars. That's part and parcel of making it expensive, being able to limit the fuel available to those not in favor and grant additional fuel to those who please the fascist nobility.

JMHO

[Freddd]

Why is gas going to $10 a gallon? One word.

Obama.

[frankenMonkey]

Cuba	Havana	$3.03
Taiwan	Taipei	$2.84
Lebanon	Beirut	$2.63
South Africa	Johannesburg	$2.62
Nicaragua	Managua	$2.61
Panama	Panama City	$2.19
Russia	Moscow	$2.10
Puerto Rico	San Juan	$1.74
Saudi Arabia	Riyadh	$0.91
Kuwait	Kuwait City	$0.78
Egypt	Cairo	$0.65
Nigeria	Lagos	$0.38
Venezuela	Caracas	$0.12

I think the point that Bill O' Blowhard has been trying to make is that gasoline is not necessarily dependent upon global markets, but can be kept and sold locally. See the last few entries in the above table.

[Jack Hydrazine]

Leftists’ new fighting chant...

10 bucks, 10 bucks
10 bucks per (gal.) can,
If Obama can’t do it,
Nobody can!

Rah! Rah!

[TomGuy]

This morning on Meet the Press, David Gregory editorialized a comment to Rep. Cantor regarding gas prices:

MR. GREGORY: And part of that, of course, I wonder as a, as a leader in the Congress, if you would counsel Republicans running for president not to use gas prices as a political club against the president when it really is a failure of leadership, is it not, on the part of Republicans and Democrats going back decades here, to fail to achieve energy independence and then be subject to the winds of--whims, rather, of instability in the Middle East that makes gas prices go up and down.

MSM will do all they can to provide cover for Obama. That is most of the reason for all the flapping over contraceptives and Fluke -- to distract attention away from joblessness, the economy, and other 'real' issues.

[kabar]

[hadaclueonce]

Because Ken Lay is not dead and is a futures speculator?

[Sequoyah101]

China can’t afford $10 gas anymore than we can. Won’t happen anytime soon.

[AlexW]

What, me worry?
I have not had or needed a car since I left the USSA
8 years ago.

[BfloGuy]

The author brings up some very good points -- the following, however, is a big clunker.

compressed natural gas as an alternative, so I did some research. It would cost almost $4 trillion to convert the US to compressed natural gas for transportation. If natural gas is the equivalent of $2 per gallon, that means a total cost, net present value, of about $10-12 per gallon when you factor in the conversion.

We don't need to convert the entire fleet; that's a red herring. If we converted just, say, 10%, of our vehicles, the marginal drop in oil consumption would be significant.

And he is slightly skeptical about the technological improvements that can increase the oil supply even more than we think possible now.

[editor-surveyor]

Drill ANWR.

[Shadowstrike]

This would cause Rebellion on the Gulf Coast were we to get hit by a Hurricane, and no one be able to run a generator for any length of time. And, I do not care if I get reported...I will lead the charge. Both my parents are elderly, heart patients, and I would bust hell wide open if I let anyone cause their deaths from the heat of an Alabama Summer. No, there will be a line drawn. So help me God.

[dragnet2]

These are just some of the reasons/excuses gas prices are quite suddenly burning up your income.

_______________________________________________

Iran is going to take over the world.

The refineries need maintenance

The speculators are doing it

We're running out of oil

We have plenty

Americans are driving less, so we need to raise prices

The Chinese have millions of mopeds to fuel

There is a leak in a pipe in Moose Jaw Alaska

A rodent chewed through a line at the main pump station in Texas.

Demand is down but we are producing more however, our refineries have been and are being shut down

Prices will go to 6.75, but 3 days before the election, Obama will lower prices to 1.40 to ensure reelection

A school of endangered blowfish have been sucked into a pipe, and it takes time to get them out.

Iran has nukes

Unstable markets worldwide.

A big refinery fire

A small refinery fire

A refinery fire could possibly happen

New gas additives are being developed to make Americans even more stupid

They forgot to build a pipe

They don’t like pipes

Rich liberals want the price even higher.

Obama hates the oil industry

The oil industry hates Obama and are hoping this kills his reelection

Liberals want everyone ridding donkeys and bicycles to work as a sacrifice for the planet

We moved more armaments to the gulf because Iran is taking over the world

Wild money printing and massive deficits

Americans love high gas prices

Refinery margins are tight…They hardly make any money at all.

The masses have no idea how free market works.

It is being exported because we are making more than we use.

Demand has fallen

We need refinery upgrades and expansion

We are making more than we use so we have to sell it to the Chinese, (They have 1 billion mopeds to fuel , and need to go to work so they can send us more Communist products .

We have plenty of oil, so much so, we need to sell it abroad to keep prices low.

We have plenty of oil, so much so, we need to sell it abroad to keep prices high.

Barry intentionally pissed off the oil companies and seriously limited their profit and boy are they PO’d.