Gas prices shooting up; Arabia set to make deal with Iran

Fox News Channel (no link) | 8/6/12

[pabianice]

Now on Fox/Stuart Varney: regular gas up 24 cents in past 30 days. Saudi Arabia now in talks with Iran to form partnership (what great friends, the Arabians). In response, Obama sending private CA company first payment of $105M in our tax money for them to create fuel from household trash. Still refusing to allow any drilling in U.S. or offshore.

[Strategerist]

Saudi Arabia now in talks with Iran to form partnership (what great friends, the Arabians).

I suspect you badly mis-heard something or it's fundamentally BS.

[stocksthatgoup]

Just what Obama wanted $5 per gal gas and coal companies to go bankrupt.

[Logical me]

Our communists p@g King Obama had not killed much of our oil production we would not be in the position we are now with Far East oil thefts.

[Strategerist]

It’s actually India, not Saudi Arabia.

http://in.reuters.com/article/2012/08/06/india-iran-ship-oil-idINDEE8750DQ20120806

[2banana]

Let it go up. Way way up.

I hope it hits $8/gallon on election day.

[Scott from the Left Coast]

Oh great, along with the pain at the pump we’re going to have to endure the pain of Obama constantly telling us for the next three months why high gas prices with a no growth economy is really a good thing for us personally and the country as a whole.

[pabianice]

One notes that China has made a move on Australia’s territory and the Aussies blinked. Indonesian oil, I’d guess. Just great for everyone’s future. Get a copy of the DVD “Tomorrow: When the War began.”

[frogjerk]

Let it go up. Way way up. I hope it hits $8/gallon on election day.

The more the gas price goes up the more we hear about green energy from the left. The Ibama zombies, alive and dead, will be voting in force an no amount of convincing will shake their mission of voting for Ibama over and over again for their handouts.

[petro45acp]

“...necessarily...”

[DTogo]

Let it go up. Way way up. I hope it hits $8/gallon on election day.

Indeed, and unemployment well over 9%!

[Walrus]

Not just gas prices. Try food. Prices keep going up while package sizes go down. That’s a double-hit, folks and it has everything to do with Obama and Geithner printing more and more money to finance their wild schemes.

We have serious inflation right now and we’re staring down the barrel of RUNAWAY inflation.

November can’t come soon enough!

[pallis]

If I were Obama, I would be doing everything in my power to lower fuel prices between now and November.

[Myrddin]

I purchase the 6 lb bag of chocolate flavored whey protein from Costco as part of my morning breakfast. I can't tolerate casein or gluten. In 2010, that bag was priced at $19.99. Great deal. The price moved to $29.99, then $39.99, now it is at $48.99. I was shocked at the higher price when making a visit home to Idaho. I deferred buying another back until I returned to San Diego. The price was $48.99 both places. CA doesn't tax food. ID does tax food. The deferral saved me 6% tax.

[GOPJ]

‘Green’ energy is a joke. The stuff always costs more to produce than we get out of it. We have to assume liberals and stupid and can’t do math...or they’re evil. I’m going with stupid for now...

[onedoug]

Were soetoro a friend of the US we could be pumping and refining enough petroleum products of our own to turn the the oily Arabs into paupers.

Though rather, our...President is our bitterest enemy, who would, by design, destroy us.

The enemy within.

Does Disney still run “Great Moments With Mr Lincoln?” Somehow, that message has been missed. I guess relatively few were actually paying attention.

[Varsity Flight]

15 TRILLION Price pressure UP UP UP, on any essential.

[1010RD]

Actually it is Iran and SA:

http://www.globalpost.com/dispatch/news/regions/middle-east/iran/120806/irans-ahmadinejad-will-attend-saudi-arabia-summit-repo

[MaxMax]

I hear news reports telling the world that prices fall because of over supply,
and at the same time the Dems say drilling will not effect prices. The whole regulation
morass brought on by the Government here in the USA by design or not, raises
energy prices on the three majors, Oil, Gas, and Coal. All at the same time blaming
the oil companies for gaining treasure off higher prices that regulations are responsible for.
Government makes 400%+ greater profit from oil then any US based company
that does the actual work of refining.

I find it somewhat irritating that companies and politicians who support
lower energy prices do not fully explain this to the public.