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Let it go to $5. per gallon.
Lock your doors and let the good times roll.
Dear Democrats: I would like to thank you for your inaction/no votes on allowing the US to build new refineries and also for not allowing us to drill for our own oil.
Why does it seem like gas is the only product that producers and consumers think normal supply-and-demand laws don’t apply? Prices rise where there is high demand. Prices fall when there is low demand. It’s simple.
Libs refuse to understand the causal relationship between gasoline prices, refinery construction and new domestic oil exploration.
Required by who? GOVERNMENT.
Yet the GOVERNMENT blames the producers for high prices, and drags them to Washington to answer idiotic questions from grandstanding politicians.
remember the meeting VP cheney had with the saudis a few weeks back that supposedly was going to stabilize the market at around $85 a barrel ?
Gas should cost at least $4/gal in CA and FL for their refusal to help the USA by allowing drilling in their off-shore waters. There won’t be many tourists on their pristine beaches if no one can afford to drive this summer. Those two states have no business getting any fuel as the energy crisis deepens.
The entire country would be paying $4/gal if TX and LA had been so selfish all these years.
Federal excise taxes 18.4 cents per gallon for gasoline and 24.4 for diesel.
California... 63.9 gas and 72.0 diesel.
This is caused almost entirely by leftie environmentalists.
“They’re also in the process of switching from producing winter grades of gasoline to the less polluting but more expensive grade of fuel required in the summer.”
Of course. That was my first thought—it’s that time of year when 153 different state regulations force the refineries to change their products in very complicated ways.
Also, there hasn’t been a new refinery built in a dog’s age, because the NIMBYs won’t allow it. And the regulatory process is like navigating through a minefield.
California, which always bitches the loudest, is the worst offender.
Even though everything is as it was, column inches have to be filled.
Refineries don’t make more money by refining less oil. If they cut production, it is not in search of more profit. Most refineries operate at above capacity almost all year. They do have maintenance periods, along with the changing of blends.
One station in L.A. was charging about $4.15 the other day, and his bays were full of people filling their cars.
Generally the prices in the area have been in the $3.55 to $3.75 range, with some going even higher from what I hear.
They’re also in the process of switching from producing winter grades of gasoline to the less polluting but more expensive grade of fuel required in the summer.
aarrggghhhh!!!!
It makes me so happy to the the price of gasoline rising—I’m invested in it.
Federal Reserve can pull out all of the financial stops and play all of the games they want. They can fudge the inflation rates, print tons of money and bail out banks that make bad business decisions. But none of these games creates useful things like gasoline, wheat or oil. It makes me laugh to think off all of the poor people that vote for Democrats who won’t let us do anything to add supply and bring down energy prices. It will be funny to watch them need to decide between food and gasoline when a loaf a bread is $8 and a gallon of gas is $10.
COULD IT BE ALASKA?,, As well as mining gold, copper and many other natiral resources the world(America) needs.. Alaska could easily be the richest State of all..
It all depends on giving the Federal Goverment the Curly(Howard) salute.. And tieing up in State political court any action by the federal government.. Just dispute it ALL... Some State must be first to do this.. Then katie bar the door... Most all States will (except resouce poor Northeastern ones).. And States will form Cacuses of State politicians compounding the power..
‘As investors are fleeing to commodities such as oil, gold, wheat and corn, people are starting to look at Washington, D.C., to curb speculation, Kyser said”
Now why would Washington do that? I bet if someone would start connecting some dots, it might be found that alot of these speculators are tied with the Democrats. Soros to begin with would be one.
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Higher gass cost, couples with the higher cost of transport for food, drives prices higher, driving the value of the dollar lower, and in essence pissing off a lot of people who can't afford a rise in either and still make the bills.
I am wondering if someone with that global kid of power to control the markets is it work. *cough*Soros*cough*
Watch the idiot Democrats pass more laws to restrict drilling for oil and gas in the U.S. and at the same time call in oil company executives to blame them for rising prices.