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Tensions Raise Specter of Gas at $5 a Gallon
New York Times ^ | 2/29/12 | Clifford Krauss

Posted on 02/29/2012 10:18:30 PM PST by Nachum

Houston - Gasoline for $5 a gallon? The possibility is hardly far-fetched. With no clear end to tensions with Iran and Syria and rising demand from countries like China, gas prices are already at record highs for the winter months — averaging $4.32 in California and $3.73 a gallon nationally on Wednesday, according to AAA’s Daily Fuel Gauge Report. As summer approaches, demand for gasoline rises, typically pushing prices up around 20 cents a gallon. And gas prices could rise another 50 cents a gallon or more, analysts say, if the diplomatic and economic standoff over Iran’s nuclear ambitions escalates

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


TOPICS: News/Current Events
KEYWORDS: gas; raise; specter; tensions
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To: Irenic

I do believe that it WILL reach $10 if we have a war in the middle east, and $7 even if we don’t. $5.00 will be chump change, just wait and see.


21 posted on 02/29/2012 11:22:34 PM PST by JDW11235 (http://www.thirty-thousand.org/)
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To: matthew fuller

“Later this year, we will be wishing for $5.00 per gallon gas.”

+1. Sad to say, but entirely true. The pieces are all in position, and 90% of the populace is completely ignorant of how truly dire the situation is. The sharks have smelled blood in the water and been circling some time, the frenzy won’t be abated much longer.


22 posted on 02/29/2012 11:24:22 PM PST by JDW11235 (http://www.thirty-thousand.org/)
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To: JDW11235

We’re about to be up a crick without a paddle.

That’s OK! Michelle will still get her vacations and Obama will still jet all over the country and hold grand weekly parties at the White House.

But hey, they will throw out a few photos and fancy menus for the peasants to dream about.

But don’t you DARE eat any salt, feed your kid a turkey sammich. Oh, and ride your dang bike or take a bus.

Tighten up that belt and skip that family vacation!


23 posted on 02/29/2012 11:33:43 PM PST by Irenic
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To: re_nortex

Go Newt Go! American Exceptionalism and Might are on the way starting in January 2013. Good times for our country and perilous times for our enemies are ahead.
*************
Thanks for typing that, I needed it. Sometimes it is hard to stay positive.


24 posted on 02/29/2012 11:37:46 PM PST by Irenic
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To: Irenic

People have grown apathetic. How sad it is to see that, but I know it’s not forever. People, wake up.


25 posted on 02/29/2012 11:55:26 PM PST by JDW11235 (http://www.thirty-thousand.org/)
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To: Nachum

$5 gasoline in oil-rich Texas. That’s un-American. Drill, baby, drill.


26 posted on 03/01/2012 12:08:44 AM PST by stars & stripes forever (Blessed is the nation whose God is the Lord!)
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To: JDW11235
"The pieces are all in position, and 90% of the populace is completely ignorant of how truly dire the situation is. The sharks have smelled blood in the water and been circling some time, the frenzy won’t be abated much longer."

Well said. Agreed. Naturally, many who are directly or indirectly dependent on debt/revenues for their incomes tend to cheerlead for more spending toward their interests. Perceptive people might see an increasing fear in some of the folks in services, though (also dependent on debt by way of customers' dependencies).


27 posted on 03/01/2012 12:23:26 AM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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To: JDW11235

I am wondering how long before people panic and become REALLY agitated. I think it is soon.

For myself, I’ve never had a time in life where I was not able to visualize a bit of distant future for myself and my family.

Now I am spending time thinking short term future and what-ifs. I don’t want to panic but I also don’t want to be caught with my pants down.

Just a few years ago I could see the mister and I playing with future grandkids here at the house, our children having a better future than us.

Now I worry if our kids will ever be able to purchase a home, what will the future hold for them?

If we have a year or two of sky-high gas, I don’t even know how well the mister and I will maintain.

We wouldn’t even be able to be a life-preserver for the kids. Things really look bleak now, when I look at the long term future.

I suppose I will start being much more frugal, plan for the worst and pray for the best. I am growing tired of my new what-if obsession.

Something has to give somewhere, it can’t and won’t continue as is.


28 posted on 03/01/2012 12:25:25 AM PST by Irenic
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To: familyop

Absolutely. Whether one believes it to be a herd mentaility, or the inspiration from God (I believe the latter), something is getting people spooked. I think we need to be prepared, but I felt that way, years and years ago. I’m worried for the innocent children, more than anyone else, who are the children of the mindless zombie parents. I shudder to think of what their lives will be like in a true SHTF scenario. I don’t think this will just be a “crisis” because America’s enemies will “go for broke.” I strongly believe (as George Washington foretold), that we WILL be invaded by a coalition of many nations from all of the continents combined.

We have riches beyond measure, while we’re simultaneously being told to sit, shivering, in cold dark huts and government projects. People no longer recognize freedom. I have never, in my life, lived under freedom. Just an ever increasing opression. Things will get better, but they’ll get much, much worse first.


29 posted on 03/01/2012 12:41:26 AM PST by JDW11235 (http://www.thirty-thousand.org/)
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To: Irenic

I agree with you, completely. I have been having those same feelings, myself. I have no idea what the next year will be like, let alone the next 5, 10, or 50. I think there’s one thing that should give you solace. If gas maintains a $5 dollar per gallon price for long, we’ll either get a lot better, or a lot worse. If we get a lot worse, then everything would come down. In that case, you won’t be worrying about the bills. There’d likely be none. If we get to the point of fighting for survival all of our old worries will go away for a completely new set, and ways we cannot fathom now.

I don’t mean to be bleak. I think it’s good to prepare and do what you can to get your own house prepared, and in order. Including a year’s supply of goods. These are not hard to acquire, if done in segments, and not overwhelming. A year’s worth of undergarments, here. A few buckets of wheat (etc.) there, and on and on. Remember, we’re not supposed to get preoccupied with tomorrow’s problems, but live in such a way that’s we’re generally prepared and self reliant.

Matther 6:34:
“Take therefore no thought for the morrow: for the morrow shall take thought for the things of itself. Sufficient unto the day is the evil thereof.”

AND

John 16:33:
“These things I have spoken unto you, that in me ye might have peace. In the world ye shall have tribulation: but be of good cheer; I have overcome the world.”

On an aside, if anyone has any “Prepper” questions, kartographer is the keeper of the “Prepper Ping List” and each thread has the keywords “Prepperping” added to them. And feel free to PM if anyone has specific questions. About food storage, etc. I can at least try and point you in the right direction (but can probably answer most outright).


30 posted on 03/01/2012 12:51:51 AM PST by JDW11235 (http://www.thirty-thousand.org/)
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To: dr_lew

PAID 4.690 AT SELF SERVICE IN SANTA MONICA TONIGHT


31 posted on 03/01/2012 1:15:11 AM PST by genghis
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To: Nachum

Gas prices have jumped 35 cents in the last 10 days in my area. $5/gallon by summer’s peak would not surprise me. I fear it, but I would not be surprised.


32 posted on 03/01/2012 1:46:18 AM PST by DemforBush (A Repo man is *always* intense!)
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To: Nachum

As Gasoline approaches historic levels here, Colbert, Stuart, et al now suddenly understand specific parts of free market capitalism and continually engage in reductio absurdum to falsely imply Obama is NOT the cause.

Even his own mouthpieces in his administration admit he won’t even try to do something to alleviate the problem,

In a close-to-home example, the Gulf, he waited weeks to do anything with regard to the oil spill there,

Then refused ANY foreign cleanup help,

Illegally FORCED BP to pay $10 Billion in damages even before any fault was proven

Then banned all drilling there - these rigs then relocated to other parts of the world, likely not to return soon

FINALLY, he and his family trotted down to a gulf beach for a token 2 days and mouthed a few bragging words.

This is just one incident. Compare that to willfully NOT supporting (sympathetically or otherwise) the Iranian uprisings, the WILLFULL interference in Egypt to bring down Mubarek, In Libya, in Syria and who knows where else - all to install MUSLIM BROTHERHOOD to power on the world economy.

Add to that his machinations to destroy meaningful energy production here (coal, nuclear, oil, gas) by making their costs rise through impossible regulation; interference in the auto industry with gas standards, hybrid vehicles, electric vehicles; preventing the construction of new refineries; and subsidizing hopelessly uneconomical solar, wind and other ‘green’ false technologies.

No, he isn’t responsible for the price of gas - not one friggin’ bit, is he?


33 posted on 03/01/2012 2:14:31 AM PST by Gaffer
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To: annieokie

After watching Bill Still’s The Money Masters and the Secret of Oz, it became clear to me the root causes of our present dilemma. The Federal Reserve and it members, are profiting wildly( at least on paper) with every Chinese tool we purchase and gallon of foreign oil we consume. Why has our trade deficit grown so enormously, because the fed makes a percentage for every FRN issued. And it profits go to it’s members.
War on terror, war on drugs, war on poverty, warvon carbon emissions, wars, wars, wars, flood the world with FRN. The Fed owns our political system. Try to stop them, and end up dead. Ask any number of assassinated presidents.


34 posted on 03/01/2012 3:28:02 AM PST by free from tyranny
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To: Nachum

I wonder just exactly how much longer We the People will allow the DC and NY elite to have their way.....


35 posted on 03/01/2012 3:56:44 AM PST by mo
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To: re_nortex

Gingrich leading a “charge of real conservatives”?!!!

Unless he’s literally able to lead a couple of million We the People along with him....that’s a dim prospect. That threat is precisely why Palin’s campaign was iced.


36 posted on 03/01/2012 3:59:25 AM PST by mo
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To: mo

If 10 dollar gas guarantees that communist thug loses on November - bring it on.


37 posted on 03/01/2012 4:02:17 AM PST by GlockThe Vote (The Obama Adminstration: 2nd wave of attacks on America after 9/11)
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To: Gaffer
No, he isn’t responsible for the price of gas - not one friggin’ bit, is he?

Nope. It's Bush's fault. Bush screwed thing up SO BAD, that it will take decades of Obama's rule to fix things.

38 posted on 03/01/2012 4:07:52 AM PST by Fresh Wind ('People have got to know whether or not their president is a crook.' Richard M. Nixon)
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To: Gaffer

“As Gasoline approaches historic levels here, Colbert, Stuart, et al now suddenly understand specific parts of free market capitalism and continually engage in reductio absurdum to falsely imply Obama is NOT the cause.”

The Masters of the Lie trying to run interference in what they know will be an election disaster for Obama; too many of the 99% buy gas & groceries (including “Holder’s people”), and they’ve had enough of our affirmative-action token president.


39 posted on 03/01/2012 4:11:18 AM PST by kearnyirish2
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To: Nachum

40 posted on 03/01/2012 6:30:04 AM PST by Envisioning ( Call me a racist................, one more time......................)
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