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Experts talk down $5 gasoline this summer (Obama's fault! Where's the Lame Stream Media?)
wall street journal ^ | 2/14/2012 | By Steve Gelsi

Posted on 02/15/2012 3:59:27 AM PST by tobyhill

While the cost of a gallon of gasoline could possibly touch $5 for the first time this summer, at least two commodity pundits said Tuesday it’s more likely that prices will remain closer to $4 a gallon.

With oil prices on the rise and the U.S. summer driving season approaching, talk of higher prices at the pump has been buzzing commodity trading pits, said Phil Flynn of PFG Best.

Traditionally, gasoline prices hit their loftiest levels around Memorial Day and the Fourth of July holiday weekends — a time of peak travel demand.

Flynn conceded he’s heard talk of $5 a gallon gasoline this year but said he’s not sure if retail prices will reach that level.

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


TOPICS: Extended News; News/Current Events
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1 posted on 02/15/2012 3:59:30 AM PST by tobyhill
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To: tobyhill

If gasoline hits $4/gal., Obama is toast. Must be a sickening feeling to know that your future depends on the guys you’ve been kicking in the teeth for four years.


2 posted on 02/15/2012 4:02:39 AM PST by txrefugee
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To: tobyhill

The beatings will stop when morale improves.


3 posted on 02/15/2012 4:09:58 AM PST by SoFloFreeper
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To: tobyhill

When Bush left office the gas cost was around $1.75 per gallon. During Bush’s term the gas went to around $2.50 and the media were all over him 24/7 about the increase.


4 posted on 02/15/2012 4:11:27 AM PST by duckman (Go Newt...)
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To: duckman
It is nobama's DESIRE .
5 posted on 02/15/2012 4:13:13 AM PST by hal ogen (1st Amendment or Reeducation Camp?)
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To: tobyhill

This is a set up. When gas prices rise to only $4/gallon Obama will be praised as a hero for preventing $5/gallon gas. He’ll also save a few million jobs by doing so.


6 posted on 02/15/2012 4:15:45 AM PST by Senator_Blutarski
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To: hal ogen
“It is nobama’s DESIRE .”
Correct, zeros energy czar wants it above $5.00 to push zeros electric car alternative.
7 posted on 02/15/2012 4:15:49 AM PST by duckman (Go Newt...)
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To: tobyhill

I would predict that gas indeed will go higher, but the lower class entitlements will be exempted and will get their free “gas cards” from the Federal government.

Another Obama stimulus plan probably in the works.


8 posted on 02/15/2012 4:16:59 AM PST by Eye of Unk (Liberals need not reply.)
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To: duckman
Unlike the Government numbers, people will see the REAL price of gas everyday.

But I am willing to pay it if it means Obama is gone in November

9 posted on 02/15/2012 4:18:06 AM PST by scooby321
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To: tobyhill

5 dollar gas will be blamed on the speculators and wallstreet, there I fixed it. Black is the new tephlon


10 posted on 02/15/2012 4:18:18 AM PST by ronnie raygun (V)
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To: txrefugee
I can't shake the feeling that this zero is not going away.

Maybe I'm too sane (!?!), but I can't see how an overt political and social madman politician continues uninterrupted.

There's GOT to be more than a complicit media. I'm an old man and I could whip the ass of at least 40% of what I see.

So my tinfoil beanie indicates there is already an army in place ... not necesarrily an armed one, but a group of embedded thugs ready to deny driver's licenses, insurance, hospitalization, police protection, turn off the water, stop picking up trash ...

OK .. I'll take my meds now and go back to sleep.

11 posted on 02/15/2012 4:19:09 AM PST by knarf (I say things that are true ... I have no proof ... but they're true)
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Obama bows down to Saudi King | American Thinker | April 02, 2009 | Clarice Feldman | Posted on 04/02/2009 8:19:47 AM PDT by rdb3
Obama bows down to Saudi King | American Thinker | April 02, 2009 | Clarice Feldman | Posted on 04/02/2009 8:19:47 AM PDT by rdb3

12 posted on 02/15/2012 4:20:06 AM PST by SunkenCiv (FReep this FReepathon!)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks tobyhill.


13 posted on 02/15/2012 4:20:20 AM PST by SunkenCiv (FReep this FReepathon!)
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To: tobyhill
http://www.ibtimes.com/articles/298573/20120214/gas-gasoline-oil-prices.htm

National unleaded gas prices have only risen above $3.50 a gallon three times in history, and this year's rise is the earliest ever, analysts say, foreshadowing an expensive year for motorists.

Gas prices traditionally rise in the summer months, but this year's early rise to $3.50 is leading many analysts to speculate that this summer will be an expensive one at the pump. Phil Flynn of PFG Best spoke to MarketWatch and downplayed talk he's heard of prices hitting $5 a gallon, but did concede that he's heard such talk. Tom Kloza, director of editorial content for the Oil Price Information Service, agreed, saying that prices would probably stay in the $3.75 to $4.25 range, near the 2008 record of $4.11.

Caution, the sky is not falling because of one man's rumor.

14 posted on 02/15/2012 4:21:33 AM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: tobyhill
The very second the media declare Obama has lost the election in November, oil will drop to ten dollars a barrel.

They won't want us drilling our own.

15 posted on 02/15/2012 4:28:17 AM PST by Happy Rain ("If you're shiftless and in doubt-find a liberal whine and pout-pretty soon you're making out.")
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Here's a chart from gasbuddy.com for the last FOUR YEARS:

NOTE that on 12/14/08 it was 1.61 a gallon...


16 posted on 02/15/2012 4:40:39 AM PST by GRRRRR (He'll NEVER be my President, FUBO! Treason is the Reason! Impeach the Kenyan)
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To: txrefugee

Premium 3.99.9 in Mississippi yesterday.

LLS


17 posted on 02/15/2012 4:42:47 AM PST by LibLieSlayer (Hey repubic elite scumbags... jam mitt up your collective arses!)
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To: tobyhill

The Today Show on NBC had a story on rising gas prices but, guess what, no mention of Obama. If Bush was president he’d have been mentioned several times in the story.


18 posted on 02/15/2012 5:33:24 AM PST by From The Deer Stand
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To: duckman

“During Bush’s term the gas went to around $2.50 and the media were all over him 24/7 about the increase.”

It went to 4 bucks a gallon during Bush also. He was no great shakes, unless you compare him to the rodent king we have now, and who as you said, the media protects at every turn.


19 posted on 02/15/2012 5:37:14 AM PST by Luke21
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Support Free Republic

20 posted on 02/15/2012 5:50:09 AM PST by deoetdoctrinae (Gun-free zones are playgrounds for felons)
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