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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: The Magical Mischief Tour

Obama and Interior Dept held in contempt

http://www.msnbc.msn.com/id/41398396/ns/us_news-environment/

nothing to see here move along it’s Bushes fault...


61 posted on 02/21/2011 4:26:16 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: Terry Mross

“The GOP controlled both the house and senate along with the white house for 6 years. Yet nothing was done about drilling for oil in our own country.”

A clue - it begins with an “R”, and ends with a “INO”. RINOs are members of an Endangered Species.


62 posted on 02/21/2011 4:28:22 PM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: The Magical Mischief Tour
The campaign slogan for all freedom lovers against Obama will be:

ONE AND DONE

Here is Obama's plan for energy

63 posted on 02/21/2011 4:28:35 PM PST by Fred (Suspend All Immigration Until Unemployment is Reduced to 5%)
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To: The Magical Mischief Tour

The way things are going $5 a gallon may seem very cheap.


64 posted on 02/21/2011 4:28:58 PM PST by M. Espinola (Freedom is never "free")
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To: Tanniker Smith

I’m thinking about a horse.


65 posted on 02/21/2011 4:34:02 PM PST by rdl6989 (January 20, 2013- The end of an error)
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To: Venturer
My only position is that if you are riding a bike to save money it isn’t happening.

Depends on the bike. You can get some pretty amazing mileage out of a 650-800cc cycle. Although you're changing tires more frequently, they're cheaper than a $600 set that will take you 30,000 miles. You lose most of the fuel savings upgrading to a 1L + motorcycle...
66 posted on 02/21/2011 4:34:59 PM PST by Yet_Again
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To: The Magical Mischief Tour

Guess we won’t go on vacation this summer. We’ll be home tending the garden for food this winter.


67 posted on 02/21/2011 4:36:49 PM PST by kittymyrib
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To: The Magical Mischief Tour

All politics has an economic base pushing for it. Ergo, economic interests wanting to scr## you and me, are behind the Mideast instability.


68 posted on 02/21/2011 4:38:40 PM PST by Ciexyz
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To: rdl6989
Obama will tax the horse and charge you when the horse has flatulence. Don't worry for a nominal fee you can buy flatulence credits.
69 posted on 02/21/2011 4:39:32 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: Ciexyz

Obama won’t stop until we are all sitting in our homes with no jobs and then he will seemingly save us with global order and currency.


70 posted on 02/21/2011 4:41:40 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: Dubya-M-DeesWent2SyriaStupid!

Of course, it’s another way Obummer can ruin America.


71 posted on 02/21/2011 4:43:04 PM PST by rdl6989 (January 20, 2013- The end of an error)
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To: The Magical Mischief Tour

The Southern Gulf Coast States need to be making preparations for a political battle with the Feds over their Gulf Oil regulations and stuff.

IF gas prices go high the field should be rigged in our favor.

But it starts in the southern Gulf Coast States, as well as Alaska.


72 posted on 02/21/2011 4:44:48 PM PST by Monorprise
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To: bgill

“Oh, puleez. The price of gas goes up for no other reason than it’s a Monday.”

It was cloudy here to, that could be why.


73 posted on 02/21/2011 4:44:48 PM PST by thatjoeguy (Wind is just air, but pushier.)
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To: The Magical Mischief Tour

Republicans should be beating the Democrats up 24/7 on this issue.

But ONCE AGAIN, they are not.


74 posted on 02/21/2011 4:47:48 PM PST by VeniVidiVici (Why are public unions attacking taxpayers?)
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To: The Magical Mischief Tour

It’s okay - Obama is working hard to raise gas taxes and cut domestic supply.

It will make most of the people whining about high gas prices cheer and they’ll vote for him in 2012.

So what do you want me to say?


75 posted on 02/21/2011 4:53:24 PM PST by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: VeniVidiVici

I’m no cheerleader for them but who can keep up with Obama’s contempt? They are spineless and need the tea party to give them courage away from their PC but Obama is a trainwreck.
I will hold them accountable for not moving in the judiciary committee on articles of impeachment.


76 posted on 02/21/2011 5:00:41 PM PST by Dubya-M-DeesWent2SyriaStupid! (Obama:If They Bring a Knife to the Fight, We Bring a Gun (the REAL Arizona instigator))
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To: nhwingut
"I say if it goes over $3.50, we're done..."

It did this week in CA.

77 posted on 02/21/2011 5:03:35 PM PST by 444Flyer ("...Rather the scorned- the rejected -the men hemmed in with the spears..." from 'A Consecration')
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To: Venturer

“My only position is that if you are riding a bike to save money it isn’t happening.”

I know. Been riding 25 years. However, people forget to add the mileage costs of a vehicle, which run about 50 cents a mile for depreciation, tires, maintenance, etc. Only a real inexpensive bike a person is willing to ride every day at least 9 months a year ever pays off. That said, imagine gas lines circa 1970’s. Gas mileage made sense then. Of course, I ride for fun. Money is never a factor.


78 posted on 02/21/2011 5:13:36 PM PST by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: MrPiper

The Concourse is now around $16,000 itself. I am stunned by the price of bikes these days. I remember when $4,500 would get a great bike. Now, it takes $7,700 to even get the cheapest of bikes like the Versys.


79 posted on 02/21/2011 5:17:56 PM PST by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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To: MrPiper

I don’t think I want to ride my Venture on a $45 dollar tire, and I know I don’t want to change it myself even if I wasn’t 68 years old. LOL.


80 posted on 02/21/2011 5:18:51 PM PST by Venturer
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