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Gas Prices Moving to All-Time High
The New American ^ | August 16, 2012 | Bruce Walker

Posted on 08/18/2012 1:29:29 PM PDT by alloysteel

The prices that Americans pay for gas at the pump may reach an all-time high this summer. The average price is $3.70 per gallon, which is an increase of 30 cents since July and the climb in price from July to August was 9 percent. The increase is particularly concerning because a reduction in global demand, caused by a persistent world-wide recession, has kept demand for gas relatively low. Some have predicted that the price of gas will reach $3.90 per gallon before Labor Day. Gas prices have risen each month for seven straight months this year.


TOPICS: Business/Economy
KEYWORDS: dimes; gasoline; gasprices; keystonepipeline; silverdimes; transportation
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21 posted on 08/18/2012 3:20:12 PM PDT by RedMDer (https://support.woundedwarriorproject.org/default.aspx?tsid=93destr)
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To: spokeshave
Errie.

Obama is definitely following that strategy. When Obama is long out of office some mainstream historian—not crippled by political correctness—will connect the dots, see the big picture and think he has discovered something startling.

22 posted on 08/18/2012 3:32:18 PM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: carriage_hill

We had 19 ¢/gal at “U-Pump Ethyl” in Columbia, MO around 1970. Sure did help a poor starving college student get by.

“U-Pump Ethyl” was my ALL-TIME favorite gas station name. First self-service station I ever used.


23 posted on 08/18/2012 4:55:10 PM PDT by ProtectOurFreedom
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To: alloysteel

I’ve been keeping a list for over a decade:

Dec 1999 1.37 Y2K Eve
July 2000 1.43 “Spike”
September 2001 1.37 9-11 morning
December 2001 0.99 After 9-11
September 2005 3.29 Post Katrina
September 2006 2.29 western OH)
June 2007 2.99
December 2007 2.85
May 2008 3.89
October 2008 2.99
November 2008 2.39 Election Day 2008
November 2008 1.99
December 2008 1.55
January 2009 1.49 The Kenyan is sworn in
May 2009 2.25
June 15 2009 2.69
New Year 2011 2.69
July 4 2011 3.35
May 2012 3.59
August 2012 3.69


24 posted on 08/18/2012 5:02:23 PM PDT by lightman (Settling for the "lesser of two..." is still choosing Evil)
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To: The Cajun

12 gallons of non oxy premium for my boat cost me 50 bucks yesterday... I agree. FUBO!


25 posted on 08/18/2012 5:08:27 PM PDT by cableguymn
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To: cripplecreek
Many forget that the spike in prices in 2008 was partially caused by the Chinese hoarding oil so the Beijing Olympic Games came off without a hitch.
26 posted on 08/18/2012 5:15:23 PM PDT by Hillarys Gate Cult (Liberals make unrealistic demands on reality and reality doesn't oblige them.)
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To: cableguymn
12 gallons of non oxy premium for my boat cost me 50 bucks yesterday...I agree. FUBO!

I get 2.75 miles to the gallon with my bass boat (30 gallon main and 10 gallon aux.), hard not to do a little cussing every fishing trip.
And when the fish ain't biting, a lot of cussing, LOL.

27 posted on 08/18/2012 5:23:06 PM PDT by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: alloysteel

I have a ‘96 Suburban with a 42 gallon tank. Most pumps
stop at $100. Then I have to start over to get a full tank.
Last fillup cost $175. It’s painful.


28 posted on 08/18/2012 6:49:21 PM PDT by fulltlt
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To: The Cajun

I’ve got a 2004 Johnson 4 stoke/EFI 70HP that an insurance company pulled up from the bottom of the lake (along with the boat) and sold for salvage. Best damn 250 bucks I ever spent (boat, motor and trailer darn portable gas tank floated off though. didn’t get that or the plug.. Gee.. I wonder why it sank?)

Obviously I dried both out.

thankfully 12 gallons will last me all weekend, but still.. 10 years ago 91 octane non-oxy was a buck 80 or less in most places. Last I looked at the pump (I don’t really want to look any more) it was 4.29.


29 posted on 08/18/2012 8:17:06 PM PDT by cableguymn
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To: alloysteel
While I am not happy about paying almost $4/gal for gas, I look at it as a long-term investment.

It's a prime mover in insuring that BO gets the boot in November.

30 posted on 08/18/2012 8:57:51 PM PDT by wbill
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