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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
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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)
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To: knarf

Because they can.


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)
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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!)
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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.)
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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)
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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.)
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To: xcamel

Obama may need a bailout from big oil!


8 posted on 05/21/2009 5:07:18 AM PDT by Dr. Ursus
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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
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To: MikeWUSAF

It’s been going up gradually this past month.


10 posted on 05/21/2009 5:08:36 AM PDT by presently no screen name
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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.)
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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)
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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.)
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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.


14 posted on 05/21/2009 5:10:20 AM PDT by kickonly88
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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.


15 posted on 05/21/2009 5:10:35 AM PDT by 2 Kool 2 Be 4-Gotten
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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)
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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.)
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To: MikeWUSAF

“Memorial Day weekend

Happens every year...”

That.


18 posted on 05/21/2009 5:12:17 AM PDT by jeepers creepers
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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......)
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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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