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Despite surplus gasoline, fuel prices increase

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dbt Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-22-11 03:52 AM
Original message
Despite surplus gasoline, fuel prices increase
Source: CBS News (Bill Whitaker)

The folks at AAA expect nearly 92 million Americans to hit the road for the holidays -- a slight increase from a year ago. On average, they'll pay $3.21 for a gallon of regular gas -- up 22 cents from last year.

Fuel prices continue to rise, even though America has more gasoline and diesel fuel than it can use. <snip>

Yet for the first time in 62 years, the U.S. will export more refined petroleum products -- gasoline and diesel -- than it imports. <snip>

In the first nine months of this year, the U.S. exported a net 64 million barrels of gas and diesel -- enough to run America's engines for a week. With the U.S. economy in the doldrums, we're using less fuel. Gasoline, and especially diesel from American refineries, is following demand -- flowing to growing economies in Central and South America.


Read more: http://www.cbsnews.com/8301-18563_162-57346678/despite-...
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Divine Discontent Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-22-11 04:19 AM
Response to Original message
1. things in the states could get better if we had Roosevelt's Congress instead of
the teahadists blocking everything. sick bastards...


REPUBLICANS 2012 - KEEPING MILLIONS OUT OF WORK TO PUT ONE MAN OUT OF A JOB. Get it here --> www.zazzle.com/Republicans_2012_keeping_millions_out_of...
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-22-11 04:23 AM
Response to Original message
2. We better get that pipeline built
so we can export more North American oil and gasoline.
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Lint Head Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-22-11 09:54 AM
Response to Original message
3. it's time for Christmas travel.
Edited on Thu Dec-22-11 09:54 AM by Lint Head
The corporate oil overlords want to gouge people as much as possible. The Yacht and Lear Jet maintenance fees have gone up for the 1%.
The middle class and poor need to foot the bill just like they are footing the bill for all of the other luxuries our overlords enjoy.
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dtexdem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-22-11 01:28 PM
Response to Original message
4. Oh, did you think that supply and demand worked in the gasoline market?
But, then, I just paid $2.38 a gallon to fill up my car. Well, sure with a $0.50 discount per gallon at a grocery-store outlet.
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luckyleftyme2 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-22-11 09:40 PM
Response to Reply #4
5. move to maine

we will give you a tank of regular @$3.379 - man the rip off goes on and on!
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nc4bo Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-23-11 06:28 PM
Response to Original message
6. It's a 1%er kindof world don't you know.
And the majority of citizens are perfectly content to take it without a 2nd thought.

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