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$5 A Gallon For Gas This Summer? Economists Predict Surge Due To Middle East Instability
WSVM ^ | 02/21/2011 | Cynthia Williams

Posted on 02/21/2011 2:50:16 PM PST by The Magical Mischief Tour

NASHVILLE, Tenn. -- Drivers who have filled up their car lately have probably experienced sticker shock at the pump. Gas prices keep going up.

"It's just getting higher and higher," said Nashville driver Robert Reynolds. "It's getting outrageous."

"It's ridiculous we have to pay this much for gas," said Tracy Nolan, another driver.

People pulling up to the pump this week are likely to be paying 4 cents more for gas compared to last week.

The average price for a gallon of unleaded in Nashville is $3.04 cents. Economists are predicting a surge in gas prices because of instability in the Middle East. There are some who say drivers could be paying $5 a gallon for gas by late summer.

(Excerpt) Read more at wsmv.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Government
KEYWORDS: drillhere; drillnow; energy; ethanol; opec; saudiarabia
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To: GlockThe Vote

Are you with the BFL?


101 posted on 02/21/2011 6:56:50 PM PST by ReverendJames (Only A Painter Or A Liberal Can Change Black To White.)
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To: CodeToad

LOL .. yeah that bike could take on anything I tell ya. though I would ride it everywhere. I put about 12,000 per season on it.

My buns and legs were like rock from all the vibration.


102 posted on 02/21/2011 6:57:41 PM PST by Munz (All tyranny needs to gain a foothold is for people of good conscience to remain silent.)
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To: nhwingut
Just paid $3.50 a gallon at a Costco in CA. That was for Regular.

So, how many headlines have we seen regarding the rising Gas Prices? That would be ZERO, as in President ZERO.

Obama, the real Teflon President.

103 posted on 02/21/2011 6:59:15 PM PST by Kickass Conservative (They bring a Bible to a Memorial, we bring a T Shirt - Long Legged Mac Daddy)
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To: ReverendJames

It meant bump for later.


104 posted on 02/21/2011 7:10:00 PM PST by GlockThe Vote (Who needs Al Queda to worry about when we have Obama?)
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To: GlockThe Vote
Sorry, not into texting that much. I know some but BFL must be an FR term, right? Thanks for sharing

K TNX BAI

105 posted on 02/21/2011 7:12:56 PM PST by ReverendJames (Only A Painter Or A Liberal Can Change Black To White.)
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To: Kickass Conservative

In New Hampshire yesterday it was $3.12 for regular unleaded, $3.32 for premium. Wonder what it will tomorrow.


106 posted on 02/21/2011 7:18:18 PM PST by LiveFree99
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To: nhwingut

It is close to or more than $3.50 here even at the “cheapie” stations. I saw premium at $3.80 and $3.89 a gallon at Chevron and Shell stations.


107 posted on 02/21/2011 7:39:09 PM PST by archivist007
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To: antceecee

I bought my 2008 F-250 diesel in August of 2008. Diesel was right around $4.90 a gallon. They couldn’t give them away so I got it for $20K off sticker. Then they gave me a voucher to get it filled up. Almost took 20gal - right around $100.


108 posted on 02/21/2011 11:40:16 PM PST by VeniVidiVici (Why are public employee unions attacking taxpayers?)
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To: VeniVidiVici

I believe the pricing referred to was for regular gasoline? Diesel did go through some strange pricing spikes. Will have to look for documentation on that.
The level that regular gasoline is priced today in my backyard.. Orange County, Ca... was never reached during the Bush years. This Prez is on a tear to rip apart this economy and inflict as much pain as possible on the American people. Monthly expense for gasoline is now surpassing the mortgage payment in our home.


109 posted on 02/22/2011 12:04:08 AM PST by antceecee (Bless us Father.. have mercy on us and protect us from evil.)
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To: ReverendJames

We need a president who will say to hell with the courts.


110 posted on 02/22/2011 5:56:58 AM PST by Terry Mross (We need a SECOND party.)
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To: Uncle Ike

A $ collapse will indeed do it. You’re correct. I didn’t go out far enough. My mistake. Sorry.


111 posted on 02/22/2011 3:38:12 PM PST by hkp123
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To: Munz

I pulled the trigger and bought BMW today! A little bit of buyer’s remorse, but that’ll go away real quick.


112 posted on 02/23/2011 3:27:54 PM PST by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: CodeToad

Better than buying GM!

Be safe - may it serve you well for a long time!


113 posted on 02/24/2011 11:18:06 AM PST by Munz (All tyranny needs to gain a foothold is for people of good conscience to remain silent.)
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