Gas Prices keep on slippin slippin.... back up

[Skink]

after bottoming out at 1.99 for regular at Citgo here in Texas were back up to 2.25 and rising. Thanks for the month off guys.

[ixion]

1. down just long enough for FAUX to plant a meme

about how BushCo are "keeping prices down". :eyes:

[MagickMuffin]

17. Quick get O'Lielly on it

after all he claimed he was responsible for getting them lowered the last time:eyes:

[CountAllVotes]

2. yeah I noticed

Filled up yesterday with my Discover gas card (get 5% cashback). Price has gone up about 15 cents a gallon in the past few days. Now at $2.59 a gallon AGAIN. I wonder if we'll see $3.25++++ again soon? :grr:

:kick:

[FrannyD]

3. hopefully $5.00

[CountAllVotes]

5. why do you hope for $5.00?

?

[RC]

9. It is not just gasoline. It affects the cost of

doing business. Moving products. Anything that requires energy is going to cost more. Your taxes go up because it costs more to maintain city streets, collect garbage, purify water...

[CountAllVotes]

13. that still doesn't answer the other poster's query

Why $5.00? Why would we want the price to be $5.00 a gallon. You sir or madam are quite correct as it has a ripple down effect no doubt. We are seeing it now. It is not good for the econonmy! So I say to the person that thinks $5.00 is good, I say :wtf:

:kick:

[lutefisk]

7. You must be a shareholder in Exxon...or own a gas station?

If not, I think I know what you are trying to say- but I don't see any sense in "hoping" for hardship for your fellow citizens.

[SammyWinstonJack]

10. Yeah. that'll be real helpful.

:eyes:

[CountAllVotes]

14. yeah I don't "get it" either

and I'm not sure I really want to "get it". :wtf: I say again to the person with just over 100 posts. ?

:kick:

[McKenzie]

4. Wait until the price REALLY spikes

Matthew R Simmons (of Simmons International and one of THE authorities on oil supply - read his book "Twilight in the Desert") thinks the price will rocket quite soon. Apparently, the Ghawar field in Saudi Arabia has peaked. If Ghawar has peaked then the world oil supply has peaked.

Price is the last thing anyone needs to be worried about - once we are on the downside of the bell jar curve the fun will really begin. Type "peak oil" (sans quotes) into the exact phrase field on the Advanced Search page of Google and pay close attention to the first 10-20 hits that come back.

We are rapidly heading up shit creek.

[CatholicEdHead]

6. It was $2.19 before Christmas and $2.27 now

I keep a fillup log in my car.

They are sneaky.

[Gman]

8. I PREDICT ... right here and now

that gasoline prices across the board, across this nation will be below $2 a gallon starting right after Labor Day this year. I also predict that starting on November 8, 2006, gasoline prices will go back through the roof.

[Delphinus]

11. Oh,

just in time to lull the sheeple before the elections, yes?

[Strelnikov_]

18. If It Were Only Up To Politics, I Would Agree

But I think with the effects of resource depletion and global warming kicking in, petroleum pricing will soon be beyond the reach of political manipulation.

We get a Rita this season that sends it's storm surge up the poopshoot of the Houston ship canal, we will be looking at the initial stages of die-of this time next year.

[Historic NY]

12. Its gone up 20 cents here in upstate NY in 2 weeks......

in fact I noticed one station changing it to 2.50 this afternoon...My buddy's sdtation was at 2.36. He refuses to change the price until he gets a new load of gas. He says I've already paid for the load, why should i take advantage of my customers.

Didn't * say he was finished playing "hide the oil reserve", they used it after Katrina & Rita to keep the price from skyrocketing.

[CountAllVotes]

15. it DID skyrocket

It was about $3.50 a gallon where I live for awhile.

Luckily I do not drive much, but it affects the entire economy, not just the driver and the car.


:kick:

[B Calm]

16. People who voted for an oil president thinking it would mean cheap

gas, should be feeling pretty damn stupid by now... but then were talking about people who can't see the forest because all those trees in the way blocking their view..

[Strelnikov_]

19. Simply The Delayed Effect From Katrina

Post Katrina gasoline imports from IEA reserves have ended. Switch over to 'driving' season production is approaching with the need to increase gasoline stocks. There is still a lot of production/refining capacity off line as a result of Katrina, in a worldwide system with essentially no spare capacity.

You can maintain economies on printed money for a time, but it is kind of hard to 'create' energy without a source to harness.