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$4 Gas Might be Here to Stay (Drill Here, Drill Now And Watch Gas Prices Go Down)
abc ^ | 5/4/2011 | MICHAEL MURRAY

Posted on 05/04/2011 3:39:42 PM PDT by tobyhill

In state after state, stunned drivers are pulling into gas stations advertising $4-per-gallon gas. Five states already have record-high gas prices, and another 22 states are within 15 cents of record prices. Economists say that prices may dip to around $3.25 later this year, but that everyone should start getting used to seeing a new digit on gas station price boards.

The U.S. Department of Energy reported late Monday that gasoline prices at the pump averaged $3.96 a gallon nationwide, up a little over 8 cents from a week ago.

"Nationally, gasoline prices have been above $4 for the last week or so," Jamie Webster, a senior manager with PFC Energy, told ABC News. "I would anticipate that staying above $4 a gallon for gasoline, the national average, is probably going to be the case through Memorial Day, and probably a few weeks after that."

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Extended News; Front Page News; News/Current Events
KEYWORDS: democrats; drillheredrillnow; economy; energy; envirofascism; gasprices; liberalfascism; obama; oil
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1 posted on 05/04/2011 3:39:47 PM PDT by tobyhill
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To: tobyhill

Gas prices will go down if

1) We use our resources and..

2) We stop printing money.


2 posted on 05/04/2011 3:42:15 PM PDT by Perdogg (0bama got 0sama?? Really, was 0sama on the golf course?)
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To: tobyhill

Was with a friend over the weekend in Ontario. Gas prices are more expensive than in New York, so we popped across the border to fill er up. She says, “we drill our own here, from Alberta”. If that is the case, why is gas more $$$ than in NY??

I don’t see drilling in the U.S. as a bad thing, but americans might be in for a rude awakening if they expect to see drastic price differences.


3 posted on 05/04/2011 3:42:37 PM PDT by Soothesayer9
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To: tobyhill

Just minutes ago I read an article here on FR from PMSDNC about how Americans have become “resigned” to $4 gas. This must be the White House’s new directive to their sycophantic media pals: tell ‘em that all of their fellow Americans have accepted the high prices, so they should too. These talking points were probably included in a flyer at the door of that swell black tie dinner they all attended last weekend.


4 posted on 05/04/2011 3:43:59 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: tobyhill

Right, get used to five buck a gallon gas is more like it.

Hey Obamabots, this is what you voted for. This is what he said he wanted.

Oceania is at war with Eurasia. Oceania has always been at war with Eurasia.


5 posted on 05/04/2011 3:44:02 PM PDT by Argus
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To: tobyhill

Gas here in the Akron/Cleveland area actually went down! From $4.16 down to $4.10


6 posted on 05/04/2011 3:46:45 PM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: LostInBayport

the presstitutes think we should accept this,inflation and 9% unemployment as the new ‘normal’.


7 posted on 05/04/2011 3:47:37 PM PDT by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Soothesayer9
When Bush lifted the moratorium on drilling the price of oil dropped from $147 a barrel to $38 a barrel in 6 months but when Obama reinstated the moratorium prices have continually gone up.

“Speculators” or Investors, as normal people call them, look at more supply as lower cost.

8 posted on 05/04/2011 3:48:20 PM PDT by tobyhill
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To: LostInBayport

Yea, that’s the ticket.


9 posted on 05/04/2011 3:50:08 PM PDT by tobyhill
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To: WOBBLY BOB

A long running liberal view of things is that it’s bad that gas in America is cheaper than in Europe, where the taxes are much higher. The liberal view is that our gas prices should be much higher, because then people will be more accepting of alternative energy, windmills, solar, etc.


10 posted on 05/04/2011 3:51:40 PM PDT by Dilbert San Diego
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To: Argus

I don’t know of one person, personally, who voted for obama who has said they won’t vote for him next time. Those who support him worship him. He can do no wrong. Long after this nation is kaput they’ll still be singing his praises while living in squalor. I was going to say “under a bridge” but they’ll all have fallen down in a few years.


11 posted on 05/04/2011 3:52:48 PM PDT by Terry Mross (Only a SECOND party will get my vote.)
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To: Soothesayer9
She says, “we drill our own here, from Alberta”. If that is the case, why is gas more $$$ than in NY??

Taxes.

12 posted on 05/04/2011 4:05:26 PM PDT by buccaneer81 (ECOMCON)
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To: buccaneer81

I don’t expect gas prices will ever go below $3 a gallon, ever again.

Fox just had a report on HAWAII paying up to $6.30 for premium. Of course, that’s Hawaii...

Indiana is well over $4, IL is too in most areas.

I suspect that $3.50 to $3.80 range will be the new norm, just like 8% unemployment is just great...

EffObozo and all his ilk, supporters and anyone who like him. May they all get fleas.


13 posted on 05/04/2011 5:07:57 PM PDT by GRRRRR (He'll NEVER be my President, FUBO! Treason is the Reason! Impeach the Kenyan)
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To: WOBBLY BOB

“the presstitutes think we should accept this,inflation and 9% unemployment as the new ‘normal’.”

Of course they do...
A DEMOCRAT is in charge, after all.


14 posted on 05/04/2011 5:26:46 PM PDT by tcrlaf (You can only lead a lib to the Truth, you can't make it think...)
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To: tobyhill
EconomistsThe Communists say that prices may dip to around $3.25 later this year, but that everyone should start getting used to seeing a new digit on gas station price boards.

Fixed it for you, ya ABC unclef***ers.
15 posted on 05/04/2011 5:29:27 PM PDT by snowrip (Liberal? You are a socialist idiot with no rational argument.)
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To: Soothesayer9

Because the government of Canada is socialist, and taxes the living daylights out of energy.


16 posted on 05/04/2011 5:30:43 PM PDT by snowrip (Liberal? You are a socialist idiot with no rational argument.)
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To: tobyhill

The mere announcement of the granting of domestic oil leases would immediately reduce oil prices; the price of oil futures would similarly drop. It does not have to take years as the environmental wackos insist.


17 posted on 05/04/2011 5:44:35 PM PDT by luvbach1 (Stop Barry now. He can't help himself.)
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To: luvbach1

Exactly.


18 posted on 05/04/2011 5:45:52 PM PDT by tobyhill
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To: luvbach1

Correct. When GWB did it, gas went from $4.10 to $1.65 in four months.


19 posted on 05/04/2011 5:51:40 PM PDT by buccaneer81 (ECOMCON)
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To: Perdogg

In other words, when we get rid of Obama.


20 posted on 05/04/2011 6:23:42 PM PDT by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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