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So ... Why ARE gasoline prices going up ... THIS time ?
self ^
| May 21, 2009
| knarf
Posted on 05/21/2009 5:04:02 AM PDT by knarf
I admit to being confused.
TOPICS: Business/Economy
KEYWORDS: 0bama; 0bamaisfailing; bigteapartyjuly4; co2isnotpollution; cost; drillheredrillnow; gasoline; givemeliberty; globalcooling; idiocracy; keepthechange; madashell; newnukesnow; notsosmartcars
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Is it government intervention of some sort, and if so .. what is that intervention?
The oil companies?
Less/more usage of fuel?
I just don't know and would like some input to help me draw a/some conclusion(s)
1
posted on
05/21/2009 5:04:03 AM PDT
by
knarf
To: knarf
Memorial Day weekend
Happens every year...
2
posted on
05/21/2009 5:05:19 AM PDT
by
TSgt
(Extreme vitriol and rancorous replies served daily. - Mike W USAF)
To: knarf
3
posted on
05/21/2009 5:05:27 AM PDT
by
xcamel
(The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
To: knarf
Speculators are driving up the price on what they think will happen in the near future.
4
posted on
05/21/2009 5:05:37 AM PDT
by
Man50D
(Fair Tax, you earn it, you keep it!)
To: knarf
It may be the pesky old supply/demand thing.
5
posted on
05/21/2009 5:05:45 AM PDT
by
Izzy Dunne
(Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
To: knarf
They want to make more money?
6
posted on
05/21/2009 5:06:48 AM PDT
by
reagan_fanatic
(When you put Democrats in charge, stupid things happen)
To: knarf
Shhhhh! You’re not supposed to notice anything about gas prices for the next 3 1/2 years.
7
posted on
05/21/2009 5:07:13 AM PDT
by
ovrtaxt
(Truly Constitutional money isn't just backed by gold and silver- it IS gold and silver.)
To: xcamel
Obama may need a bailout from big oil!
8
posted on
05/21/2009 5:07:18 AM PDT
by
Dr. Ursus
To: MikeWUSAF
What he said (and we get threads asking this every year this time.) you also have the decline of the dollar so it takes more to buy the wholesale crude.
9
posted on
05/21/2009 5:07:53 AM PDT
by
mnehring
To: MikeWUSAF
It’s been going up gradually this past month.
To: knarf
Crude has gone from the $40s to the $60s/barrel in a relatively short time. Why? It’s rebounding from the lows. It had fallen from $150 down to near $30 in less than a year, and that demands a bounce, even if it was an anvil falling 120 storeys down to the sidewalk.
11
posted on
05/21/2009 5:08:55 AM PDT
by
Migraine
(Diversity is great... ...until it happens to YOU.)
To: knarf
Prices are always higher during this time..also summer is coming.
12
posted on
05/21/2009 5:10:02 AM PDT
by
waxer1
( "The Bible is the rock on which our republic rests." -Andrew Jackson)
To: knarf
Like him or not, O’Reilly explained it best: the oil speculators have rejoined the market and are pushing the prices again.
13
posted on
05/21/2009 5:10:13 AM PDT
by
theDentist
(qwerty ergo typo : i type, therefore i misspell.)
To: knarf
I’m far from being an expert but I think there was a pipeline bombed in Africa and a refinery explosion in Pennsylvania and the stupid government mandates for the 47 fuel blends for different parts of the country.
To: knarf
A lot of it is the boutique gasoline formulations each state mandates. In the winter it’s mostly cool and gasoline is allowed to be fairly volatile. In the summer volatile gasoline would evaporate too much and cause one sort of pollution or another. So the refineries not only have to make gasoline that is harder to make but each of the 50 states (and in cases like California each of the different regions) have different formulations.
The drive-by’s always refer to the “summer driving season” as if the price changes were all demand driven, but much of the problem are the requirements for the “boutique” gasolines.
To: ovrtaxt
16
posted on
05/21/2009 5:10:54 AM PDT
by
MaxMax
(America's population is 304-Million. Obama must punish America for the other 4.7 Billion)
To: presently no screen name
Up $.25 in two weeks here in central Texas. At that rate, gas will almost be $3.25 by July 4th. I don’t call that kind of rise gradual.
17
posted on
05/21/2009 5:12:17 AM PDT
by
Arrowhead1952
(It took almost 250 years to make the USA great and 30 days for "The Failure" BO to tear it down.)
To: MikeWUSAF
“Memorial Day weekend
Happens every year...”
That.
To: theDentist
This IS the free market.....the alternative is Obama’s dream.... It’s your choice....
19
posted on
05/21/2009 5:12:22 AM PDT
by
cbkaty
(I may not always post...but I am always here......)
To: MikeWUSAF
Memorial Day weekend
Yeah, that and refiners having to change to "summer grades" which are more expensive to make.
20
posted on
05/21/2009 5:12:31 AM PDT
by
plsvn
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