Average gas price $4.06 a gallon in Ventura County

As gas prices continue to climb above the $4 mark in Ventura County and other parts of Southern California, analysts say drivers should prepare to fork over even more bucks in the weeks ahead.

The price for regular unleaded gasoline in Ventura County was $4.06 a gallon on Monday, up 19 cents from last week, according to data from the Auto Club of Southern California. California and Hawaii had the highest average price for regular gas, at $4.03 and $4.23, respectively. Wyoming had the lowest average price, $3.04 for regular.

Analysts said strained relations with Iran, fear of a supply shortage and refineries shutdowns for maintenance are playing into the price surge.

"We already had an early start to the spike, but the worst is yet to come this week," petroleum industry analyst Bob van der Valk said Monday. "About two weeks ago, I said price would increase to $4.25 by Memorial Day, but it will easily reach that even before then. We might be at $4.50 by the Fourth of July."

Oil prices jumped to a nine-month high of above $105 a barrel Monday after Iran said it had halted crude exports to Britain and France in an escalation of a dispute over the Middle Eastern country's nuclear program. Iran exports about 3 percent of the world's oil.

Iran's oil ministry said Sunday it had stopped crude shipments to British and French companies in an apparent pre-emptive blow against the European Union, after the bloc imposed sanctions on Iran's fuel exports. They include a freeze of the country's central bank assets and an oil embargo set to start in July.

The immediate increase in prices, however, is not caused by a shortage in supply but a fear of possible shortages, said CSU Channel Islands economics professor Sung Won Sohn.

He said Britain and other European countries would be able to find other sources by reshuffling supply. The fear of supply disruptions, however, causes buyers to overpay, creating the volatile price swings.

"What's affecting the crude oil price is the psychology and expectation," Sohn said. "What the market is reacting to is the fear of supply shortage as opposed to an actual shortage. If you look at the spike in oil prices in the past year, a lot of it has been related to the fear and not actual supply disruptions. Psychology, to some extent, matters more."

In addition to the geopolitical turmoil, several refineries in the U.S. have been down for maintenance, said AAA spokeswoman Marie Montgomery. Although the temporary shutdown is not unusual, it was scheduled during an inopportune time given the volatile situation in the Middle East.

"The maintenance is not unusual, but it has caused enough of a supply issue that we are having to get our products in the spot market," Montgomery said. "Buyers from the mom-and-pop gas stations to airliners have contracts out there with suppliers, but if they are not already locked into a contract, they have to rely on buying on the spot market, where prices are set at today's prices, which is high right now."

A fire at BP's Cherry Point refinery in northwest Washington also has caused supply problems, van der Valk said.

The fire broke out Friday and it was unclear how long the refinery will be out of service, BP officials said. The refinery, a big West Coast supplier, processes about 230,000 barrels of crude oil every day.

As crude oil prices continue to rise and motorists dig deeper into their pockets, the hope for a faster economic recovery could be stymied, Sohn said.

"Every dollar increase in the price of crude oil is a tax on consumers," he said. "It does and will slow economic growth and keeps financial markets volatile."

This article contains material from The Associated Press.

© 2012 Ventura County Star. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Comments » 122

VintageRacer writes:

in response to tripod:

(This comment was removed by the site staff.)

The Keystone pipeline oil is not used to make gasoline. Keystone XL will not lessen US dependence on foreign oil, but transport Canadian oil to American refineries for export to overseas markets

viking2265 writes:

I have an idea...let's raise taxes! Gas is already at $.53 a gallon PLUS local sales tax. That's not enough for the libs.

blue_eyes writes:

National average is $3.56 per gallon. WTF!!! We certainly don't have an extra 13% in taxes and fees in West Coast gasoline. If it's truly a case of reduced output while the refineries switch from winter to summer blends, then I say we stick to one stinkin' blend and use it all year and stop screwing with the supply - think of the millions and millions of consumer dollars that are diverted to fuel costs because of this.

TK421 (Inactive) writes:

So the president shuts down oil drilling in the gulf, says no to anwar and the keystone pipeline, has his epa making it virtually impossible to expand drilling off the coast or up in the Dakotas.

Then he bows to the king of Saudi Arabia on a visit. Why didn't he just get on his knees and kiss his ring? Anybody see the connection between obummer's actions and soon-to-be $5 dollar a gallon gas? And who says it's just the speculators that set the price of oil? The guy is a complete disgrace and needs to go!!!!!!

IronFeliks writes:

The Iron Law of Inverse Presidential Re-Election Chances:

Price of Gas per Gallon
$4.25 by Memorial Day
$4.50 by Fourth of July
$4.75 by Labor Day
$5.00+ by Halloween
QED: One-Term POTUS on November 7th!

andykillion writes:

$4.00 is cheap if you assume 5% inflation. Just look at historical prices.
If 1990 Regular gas = $1.50 per gallon then at 5% inflation , Reg gas should cost about $4.53 per gallon.

What none of us seem to care about is the "external" costs of gasoline ie the environmental costs. If we were to actually acknowledge that there are costs for using petrochemicals that we do not account for, i think we would be quite happy with what I would call "Free" gasoline. Don't get me wrong here, I drive a big gas guzzling truck and I am equally concerned for consumers who as a percentage of their pay may not be able to afford to drive to and from work soon, and the bigger picture of our planet choking on more and more CO2, Certainly $12 gas would slow that down...

ARealRealityCheck writes:

Saw a great letter to the editor a few months ago that blames the high gas prices on liberals and environmental wackos....it said these enviro-misfits hate oil, but won't turn in their car keys. I agree. We need to start drilling off all of coasts, ANWR, every national park that has oil and build the Keystone XL. If you don't agree with me, then turn your $%&*# car keys then!

"Hate high gas prices? Thank a liberal environmental wacko, and Obama too!"

rebel123 writes:

Oil is up due to speculative trading. The very volatility in the market that kills small fish like most of us is what makes billions for the huge traders.

andykillion writes:

Oil is up because the dollar is down, Demand has not changed,

rebel123 writes:

in response to ARealRealityCheck:

Saw a great letter to the editor a few months ago that blames the high gas prices on liberals and environmental wackos....it said these enviro-misfits hate oil, but won't turn in their car keys. I agree. We need to start drilling off all of coasts, ANWR, every national park that has oil and build the Keystone XL. If you don't agree with me, then turn your $%&*# car keys then!

"Hate high gas prices? Thank a liberal environmental wacko, and Obama too!"

If you hate high gas prices, thank the same unregulated system and greedy blood sucking scum (most of whom are conservative republicans) that brought you the crises that brought down the economy in 2008.
Read it and learn. Or don't and continue to sound very ignorant.

http://moneyland.time.com/2012/02/15/...

"Why are prices rising? As mentioned, normally, prices rise at least partly as a result of increasing demand. That’s not the case this year, reports Bloomberg Businessweek:

“Petrol demand is as low as it’s been since April 1997,” says Tom Kloza, chief oil analyst for the Oil Price Information Service. “People are properly puzzled by the fact that we’re using less gas than we have in years, yet we’re paying more.”

If demand isn’t playing a role, what’s causing the price hike? Apparently, the current rise in prices is partly being caused by the expectation that prices will rise even more substantially in the near future. Hedge funds and large money managers are putting lots of speculative money into gasoline futures, and prices for crude oil—from which refineries make gasoline—are much higher than they normally are at this time of year. As a result, prices at the pump are also much higher than they normally are at this time of year.

Read more: http://moneyland.time.com/2012/02/15/...

5thgenvcresident writes:

Of course the conservatives on here are going to whine about the Keystone Pipeline being put on hold with respect to rising gas prices occuring right now. How is a pipeline that wouldn't even become fully operative for at least 5-10 years fix what's happening right now? Especially when it will be used to send oil down to Texas for refinement before being sold to foreign markets. You conservatives all watch too much Fox News and think there's some "pot'o'gold" sitting up in Canada that belongs to America and Obama's giving it away or something. And another thing: Prices on the east coast are surging towards an average of $3.50/gal while prices out here on the west coast are surging past $4.00/gal. Why the big difference? East coast has way better sources of public transportation while here out west, urban sprawl has been the dominant form of community development, creating a feedback loop where we are highly dependent on automobiles for our transportation needs.

pilgrim2014#403694 writes:

Rebel123 great post. It's hard to convince those in power when they have herds of people shouting, "We need to start drilling off all of coasts, ANWR, every national park that has oil and build the Keystone XL. If you don't agree with me, then turn your $%&*# car keys then!" at every corner. Too bad people won't wake up and realize they are being bled slowly at every corner and it's not lib/conservative, dem/repub...it doesn't matter.

andykillion writes:

I will clarify- it takes more dollars to buy a gallon of gas because simply there are more dollars in circulation making them worth less....it is called inflation. amazingly, oil producers are cranking out about as much oil as we are printing $$.

So the $4 question is: Shouldn't savers buy extra gas tanks to store "investment" gasoline instead of leaving their folding money inside of banks that do nothing except charge fees.

pilgrim2014#403694 writes:

in response to andykillion:

I will clarify- it takes more dollars to buy a gallon of gas because simply there are more dollars in circulation making them worth less....it is called inflation. amazingly, oil producers are cranking out about as much oil as we are printing $$.

So the $4 question is: Shouldn't savers buy extra gas tanks to store "investment" gasoline instead of leaving their folding money inside of banks that do nothing except charge fees.

Andy I'll play with you on this one. I understand what you are saying but I disagree that inflation is the sole cause of this issue. If inflation were the sole cause for this upward movement then we would be seeing similar activity for other goods/products would we not? I'm not seeing it at the grocery store or other places that should be affected by "just inflation". What do you think?

andykillion writes:

simple-money locks in value and return. the banks are buying gas thus inflation. it isnt you, me or the guy down the street it is the prop traders and hedgies
they are keeping their powder dry in an asset that has a traditional history and a relatively transparent demand . Milk bread etc are tracking at similar rates of inflation.

My original comment was really trying to steer the conversation towards the costs "NOT" priced into a gallon of gas that "SHOULD" be. ie CO2,OIL SPILLS, chemicals in our drinking water etc etc. These are costs we are not responsibly accounting for on our ledgers. We are children.

pilgrim2014#403694 writes:

in response to andykillion:

simple-money locks in value and return. the banks are buying gas thus inflation. it isnt you, me or the guy down the street it is the prop traders and hedgies
they are keeping their powder dry in an asset that has a traditional history and a relatively transparent demand . Milk bread etc are tracking at similar rates of inflation.

My original comment was really trying to steer the conversation towards the costs "NOT" priced into a gallon of gas that "SHOULD" be. ie CO2,OIL SPILLS, chemicals in our drinking water etc etc. These are costs we are not responsibly accounting for on our ledgers. We are children.

I say this with a lot of respect for your intention; trying to steer the conversation that way is like trying to put out a high rise inferno with a squirt gun especially on this site. We need something radically different if we want change in our lifetime. The tide is too strong at this point to be turned. It has to be nullified.

calandman writes:

The most recent reports show the US drilling and production activity is higher today than ever (mostly on private lands). We now have more drilling rigs working than the entire rest of the world. This is despite an administration that has declared war on low cost energy producers, stopped pipelines and curtailed drilling permits on Federal lands. Once the current administration is voted out, the outlook is that we will be completely energy independent in less than a decade. Plus the long term reserves look to be measured in the hundreds of years. And that doesn’t even factor in the huge producing oil reserves located right offshore of Ventura and in the hills around us. This oil is being held political hostage but recent actions by Republicans in Congress show progress is being made to unlock these vast reserves. We already have the existing pipelines in place here, so Obama can’t easily disrupt the supply chain of all this oil or scuttle the associated development jobs. With today’s rapid technology advances our domestic oil and gas reserves will cleanly power our Country for the foreseeable future, so let’s not get too pessimistic about the current high prices and the last 3 years of failed public policy.

andykillion writes:

in response to pilgrim2014#403694:

I say this with a lot of respect for your intention; trying to steer the conversation that way is like trying to put out a high rise inferno with a squirt gun especially on this site. We need something radically different if we want change in our lifetime. The tide is too strong at this point to be turned. It has to be nullified.

Thanks Pilgrim. The forum is limited but what the hell. Its entertaining for the moment.

I just read that the EU issued a 170MMM rescue for Greece. This compared to our bailout came to an 8:1 ratio favoring the Greek Citizenry over the US. Ironically, not a single citizen will be receiving any of these funds, but that too will affect gas prices because rest assured the banks will need to place the money somewhere...

Remember the old story about pre WWII Germany and how the German Government had printed so much currency that it took a wheelbarrow to carry enough money to buy a loaf of bread?

Well I am "not" trying to highlight the currency here or the bread for that matter. I am talking about the wheelbarrow, because what the storyteller forgot to tell you was that when the bread purchaser got back outside, his wheelbarrow was long gone. It was worth a ton! Bread can be baked and baked and baked, but a wheelbarrow, that takes time.

I am a Keynsian and agree with our policy, I just wish we would print more money(like EU) and that it would actually get to where it could be beneficial to our economy rather than in the hoarding of wheelbarrows.

REVTRUEGRIT writes:

Obama the change you wanted!!!! 2012 Remove!!!

rjlebeck writes:

Here we go again.

How many times will the American people have to be kicked in the teeth at the gas pump to come to terms with the monopoly oil companies have on our economy and the risks our dependence on oil imposes on our national security.

All we need to do as a country to break this monopoly can be done right now with the stroke of a pen by setting a price floor on a barrel of oil, at say $85 a barrel, to keep oil prices high enough to allow alternate energy sources a chance to compete with gasoline. True competition would force the oil companies to price their product to meet customer demand rather than offer the same lame excuses they site as the source of the "unexpected" price spikes. Once again the public is being subjected to another round of price gouging that can be traced to nothing more than the desire to extract as much wealth from the public as possible without enraging them enough to commit our leaders to effect permanent change. When there is enough anger and political blowback in the form of an alternate energy policy, the prices always come down to undercut start-up energy alternatives and lull the public back to a place of compliant ignorance. If the price of a barrel of crude dropped below the price floor, the price differential could be used as seed money for new American car companies that offered an alternative to gasoline. Gasoline powererd passenger cars and trucks need to be phased out and replaced with natural gas powered vehicles or electric cars.

Secondly, and just as importantly, oil companies must not be allowed to extend their monopoly to the natural gas market and other sources of aternative energy to unlock the wonders of the free market and ensure that there can be true choice for commuters as opposed to deciding whether to gas up at Arco, Texaco, or Exxon.

We cannot drill our way back to cheaper oil or energy independence. Drill, baby, drill and proponents of an "all the above" stratagies are deceptive or unwitting dupes for monopolies that would rather see the country at war in the Middle East to protect our "national interests" than see their profit margins reduced.

GDOG5 writes:

Q: If the government regulates the oil industry, why the heck is this so called leader NOT saying anything about the high gas prices? Is it because he does not care? does he have an agenda? does he want to push the go green concept? as if electrical verhicals are ready for prime time (Volt anyone?). Looks to me like hybrids are the current key, and they still require GAS (go green folks need to put their foot in their mouth or get rid of the gas eating vehicals!)

One of the warmest winters according to some analyst, where oil was not used this winter more than prior years. So why the price hike?

Blook sucking oil companies (shipping oil overseas and raising our gas prices). An adminstration that could care less about the high gas prices, as if the average folk could buy a hybrid or new car for that matter. Talk about getting sucker punched from both sides.

Mr President.....your days are numbered!

Huskerfan writes:

in response to realiste:

(This comment was removed by the site staff.)

So you agree with Bill O'Reilly? Those are exactly the same points he made last night.

o_kay writes:

in response to TK421:

So the president shuts down oil drilling in the gulf, says no to anwar and the keystone pipeline, has his epa making it virtually impossible to expand drilling off the coast or up in the Dakotas.

Then he bows to the king of Saudi Arabia on a visit. Why didn't he just get on his knees and kiss his ring? Anybody see the connection between obummer's actions and soon-to-be $5 dollar a gallon gas? And who says it's just the speculators that set the price of oil? The guy is a complete disgrace and needs to go!!!!!!

I remember little bush holding hands with the Saudi Royals while cavorting around the rose garden. I didn't see him on his knees but it looked headed in that direction.

Vermicious_Knid writes:

if you want to know what the oil companies don't want you to know, watch this show.

NO political slant, not a political show or website. just a show about oil, gasoline, production and how it all works.

promise you will be enlightened.

if you don't have the time to watch it all, please watch the last 15-20 minutes.

Petroleum and Gasoline from Modern Marvels
http://www.youtube.com/watch?v=aLRMI9...

Vermicious_Knid writes:

Check THIS out:

The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information
Administration (EIA) estimates

it at 503 billion barrels. Even if just 10% of the oil is recoverable (5 billion barrels), at $107 a barrel, However, a recent technological breakthrough has opened up the Bakken's massive reserves, and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL !!!!!!

That's enough crude to fully fuel the American economy for 2041 years straight.

U. S. Oil Discovery - Largest Reserve in the World.
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world.
It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction.
In three and a half years of high oil prices none has been extracted.

With this motherload of oil why are we still fighting over off-shore drilling?
We have more oil inside our borders, than all the other proven reserves on earth.
Here are the official estimates:
8 times as much oil as Saudi Arabia
18 times as much oil as Iraq
21 times as much oil as Kuwait
22 times as much oil as Iran
500 times as much oil as Yemen
and it's all right here in the Western United States !!!!!!

HOW can this BE? HOW can we NOT BE extracting this?
Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy. WHY?

James Bartis, lead researcher with the study says we've got more oil in this very compact area than the entire Middle East, more than 2 TRILLION barrels untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.

Don't think 'OPEC' will drop its price even with this find? Think again! It's all about the competitive marketplace, it has to.

By the way, this can be verified. Check it out at the link below !!!!!!

U.S. Geological Survey website;
http://www.usgs.gov/newsroom/article....

Rin writes:

It is all based on speculators greed. It costs Saudi Arabia about $5 to produce a barrel of oil. Oil is selling at $105 a barrel. Oil company profits are at an all time high. Why? If oil was really that expensive their profits would not be that high. There was legislation aimed at controlling speculators and the republican congress opposed it, so blame the republicans.

o_kay writes:

in response to Vermicious_Knid:

Check THIS out:

The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information
Administration (EIA) estimates

it at 503 billion barrels. Even if just 10% of the oil is recoverable (5 billion barrels), at $107 a barrel, However, a recent technological breakthrough has opened up the Bakken's massive reserves, and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL !!!!!!

That's enough crude to fully fuel the American economy for 2041 years straight.

U. S. Oil Discovery - Largest Reserve in the World.
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world.
It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction.
In three and a half years of high oil prices none has been extracted.

With this motherload of oil why are we still fighting over off-shore drilling?
We have more oil inside our borders, than all the other proven reserves on earth.
Here are the official estimates:
8 times as much oil as Saudi Arabia
18 times as much oil as Iraq
21 times as much oil as Kuwait
22 times as much oil as Iran
500 times as much oil as Yemen
and it's all right here in the Western United States !!!!!!

HOW can this BE? HOW can we NOT BE extracting this?
Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy. WHY?

James Bartis, lead researcher with the study says we've got more oil in this very compact area than the entire Middle East, more than 2 TRILLION barrels untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.

Don't think 'OPEC' will drop its price even with this find? Think again! It's all about the competitive marketplace, it has to.

By the way, this can be verified. Check it out at the link below !!!!!!

U.S. Geological Survey website;
http://www.usgs.gov/newsroom/article....

The link you provided offers very different numbers and doesn't verify any claims you made. Please explain or provide another source.

JohnInSimi writes:

In Obama’s world, if you are bothered by high gas prices, why don’t you just buy a new car such as a Prius?

Further, that environmentally disastrous Keystone Pipeline and the jobs it would bring are not something America needs.

JohnInSimi writes:

in response to Hey_Scapegoat:

(This comment was removed by the site staff.)

Maybe some but certainly not Obama or Steven Chu who is Obama's Energy Secretary -

http://news.investors.com/article/601...

Already, average pump prices have topped $3.50 a gallon, leading some experts to think they could reach an all-time high of $5 by the summer.

So what's Obama's response? He treats it like a badge of honor, saying this week that "gas prices are on the rise again because as the economy strengthens, global demand for oil increases."

But what else can he say?

During his presidential campaign, Obama admitted he didn't have a problem with sky-high gasoline prices, he just "would have preferred a gradual adjustment."

His choice for energy secretary, Steven Chu, certainly doesn't mind them. Before joining the administration he said that "somehow we have to figure out how to boost the price of gasoline to the levels in Europe."

And last year, Chu claimed "the price of gasoline over the long haul should be expected to go up."

VintageRacer writes:

in response to JohnInSimi:

In Obama’s world, if you are bothered by high gas prices, why don’t you just buy a new car such as a Prius?

Further, that environmentally disastrous Keystone Pipeline and the jobs it would bring are not something America needs.

So, you feel Obama is the cause of high gas prices?

eng42 writes:

in response to o_kay:

The link you provided offers very different numbers and doesn't verify any claims you made. Please explain or provide another source.

It's very easy to explain. Limited knowledge voters like Charlie get these forwarded emails from the lying right, believe them and forward them on. The don't even realize that the writers of these lie have such a low respect for the intelligence of their intended targets.
They can just attach any link, because they correctly judge that most of the sheeple they send it out to will not bother to read it or will not have the intelligence to understand that it does not back up the original email.
The link actually shows that at most their are 4.3 billion barrel of recoverable oil, which is less than 1% of the 503 billion in the so called estimate from the Right.

JohnInSimi writes:

in response to VintageRacer:

So, you feel Obama is the cause of high gas prices?

He is not the cause but he's also not helping. Any fool can see that. Can you?

eng42 writes:

in response to GDOG5:

Q: If the government regulates the oil industry, why the heck is this so called leader NOT saying anything about the high gas prices? Is it because he does not care? does he have an agenda? does he want to push the go green concept? as if electrical verhicals are ready for prime time (Volt anyone?). Looks to me like hybrids are the current key, and they still require GAS (go green folks need to put their foot in their mouth or get rid of the gas eating vehicals!)

One of the warmest winters according to some analyst, where oil was not used this winter more than prior years. So why the price hike?

Blook sucking oil companies (shipping oil overseas and raising our gas prices). An adminstration that could care less about the high gas prices, as if the average folk could buy a hybrid or new car for that matter. Talk about getting sucker punched from both sides.

Mr President.....your days are numbered!

He has very little he can do to regulate the price of oil. Anything he could legally do would amount pennies a gallon.

JohnInSimi writes:

in response to TeaOMe:

(This comment was removed by the site staff.)

Dude, your but but but but Buuuush mantra isn't going to help the fact that Obama doesn't mind high gas prices at all and apparently won't lift a finger to do anything about them. Guess that's okay with you since you drive a Prius I assume?

Huskerfan writes:

in response to Hey_Scapegoat:

(This comment was removed by the site staff.)

I would feel better if cars here in the US got this kind of mileage:

http://autoeuropecar.com/jaguar/2012-...
This 2012 Jaguar XF Diesel is new vehicle from jaguar automaker which fuel-efficient model in its history and to back its claims.The British company manages to achieve its goal, with the four-cylinder XF covering a distance of 816 miles or 1,312 kilometers on 64 liters of diesel fuel, which gives an average fuel economy of 57mpg UK, equal to 4.9 lt/100km and 47.5 mpg US.

IsthisAmerica writes:

In Camarillo some stations have gas at 4.95 gallon.

Memorial Day 5.00 gallon. Maybe everyone should not go anyway and show these Money Makers that we will not put up with these prices.

5thgenvcresident writes:

in response to 702TU805:

(This comment was removed by the site staff.)

Man you are all over the place. First, you say the liberals drive gas guzzlers, then in the next post, you bash them for driving vehicles with a high fuel economy. Which is it?

JohnInSimi writes:

in response to TeaOMe:

(This comment was removed by the site staff.)

LOL, you're funny!

You wrote: "it is obstensible that the left agenda is making a positive imapct on our countries improved prosperity!"

hahahahahahahaHAHAHAHAHA!!!!! You ever thought of doing stand up comedy? You're good!

northwestprincess writes:

So, gas continues to increase during an election year, good times, hey ~~~As the price of gas surges so will everything associated with fuel. Food, heating, prescription medicines, clothing, all will show sharp rises as the cost to deliver them go higher. Gallup polls just released show unemployment in Feb. rose to 9%, under employment is approaching 20%. When more & more of your income goes to filling your tank less & less will go to spending. As spending drops businesses will lay off employees or not hire more. So, the downward spiral will once again circle the recession drain. Will be interesting as people go to the polls in November. Will they smile and say yes he did, 4 more years, or will they hope for change and take a chance on another ~~~The people used to speak with their votes, but that was then. We have become a complacent nation, over time we have become more accepting. This is not your parents or grandparents "democracy", it is the "democracy" of hope and change.

Lets_Be_Truthful writes:

I'm waiting for auto manufacturers to be pressed on the true mileage cars can get rather than the "EPA estimated" mileage that is based on the car going downhill with a tail wind. Honda already has a problem in their hybrids with the computer update that controls it's fuel efficiency.

VintageRacer writes:

in response to JohnInSimi:

He is not the cause but he's also not helping. Any fool can see that. Can you?

WOW! All I did was ask a simple question and you jump down my throat. Says a lot about you

JohnInSimi writes:

(This comment was removed by the site staff.)

Doxster writes:

Way too much finger pointing here and disrespect. I just find it interesting how things get so twisted around. The Republicans want big government to butt out and let the market run its course. Then the President (God forsaken democrat) is taken to task for not intervening in the free market. Is there any humor here?
Now some questions. Where does the Alaskan Oil end up? Why would we transport oil trans-continent to refineries in Texas with intent to ship the end product to other countries? Why should we be quasi-dependent upon foreign overseas sources and pay shipping costs when we have oil in Canada? Feel free to enlighten.

JohnInSimi writes:

in response to TomcatDriver:

(This comment was removed by the site staff.)

Here's a rhetorical question back at ya: Would you rather have Obama make an effort towards lower gas prices or would you rather have him not? You would lock-step vote for Obama if he said the price of gas should be $8 an hour TODAY....so why do you even ask the question?

Chilibreath writes:

I won't go into the pros or cons of more drilling, less taxes on gas or the affects of fossil fuels on the environment, I will just say this: I have enough money and resources to pay for gas for all my family's cars; I really don't care how high the cost of fuel goes, I can handle it now and I can handle it later. Not so with many folks on the bottom end of the income ladder, and they are the ones who will be making the tough decision on whether to buy food or clothing or put gas in their old car so they can get to work.

A few more years of this sort of backhanded social engineering and we are going to see wholesale rioting in the streets, maybe even sooner than later, and I'm prepared for that as well. I hope all you liberal "save the planet" freaks have a survival strategy for when the balloon finally goes up and you run into a roadblock manned by angry folks who can't afford the world you pushed and pressed for; not even your leftist love of the disenfranchised is going to save your sorry butts when the mob pulls you resisting and screaming from your fuel efficient Prius. Good luck you pogues, you’re going to need it!

VenturaVoter21 writes:

The oil shell game has existed since gas engines became popular. The day Bush II was sworn in Prem gas at Chevron in TO was $.99 per gallon. That changed quickly. Not Bushs doing. It had to do with Congress changing margin restrictions on speculating oil futures. Speculators in concert with Refiners and Producers run this show. Make no doubts about it. Environmentalists just cause some controllable pain along the way.

Big Oil always comes up with some lamb excuse to raise prices. They simply want to make as much profit as possible. The American way right! Capitalism at work. They employ a huge body of American's and they do pay some taxes. So, why not. Nothing illegal.

What is truly amazing is that any Washington administration has been able to curtail their desires. Oil donates huges amounts of money to oil the political machine every election year at all levels. And this year will be no exception. The money rolls in thru PACs and Unions. And now of course per the recent Supreme court ruling. Money can be given directly by Corporations.

So why? is gas only $4.00+ a gallon. It could be much more. In Europe and Asia it is much higher.

The oil interests are very smart and have smart folks managing their future plans. They seem to take consumers to their "breaking point" and then push back. You can graph this if your interested in digging deeper. Price fixing at it's finest. And the Feds investigate and do little or nothing to protect the American people. Not to mention all the additional taxes that come rolling in from higher pump prices.

The beat just goes on. Till buyers of the product are prepared to take a stand. American's never seem to do that unless they are forced to. So, the beat goes on and on.

JohnInSimi writes:

in response to TeaOMe:

(This comment was removed by the site staff.)

You wrote: "it is obstensible that the left agenda is making a positive imapct on our countries improved prosperity!"

HAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!

DefendTheConstitution writes:

Drill in the USA, Build new refinaries in the USA. Simple.

Course,even then, we still would be paying an arm and a leg for gas. They have us. And they know it.

Oh, and you can take your Hybrid car and stick it. Never gonna pry my V-8 from cold dead hands.

Just like Auto Insurance, helmet, and safety belt "rules". I don't like ,but, have to abide. Just like I will have to buy 5.00 dollar a gallon gas.

These are all choices, and atleast I still have the RIGHT to complain about them. Which , I will.

eng42 writes:

in response to Adam_1:

(This comment was removed by the site staff.)

(This comment was removed by the site staff.)

rationalthinker writes:

Unhappy that gasoline is too expensive? Demand is down; supplies are high. so who is to blame? FOLLOW THE MONEY!!!!

The money will lead you right to the front door of the RNC and the oil cartel which is making money hand over fist.

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