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Thread: Oil rises above $90 amid US crude supply drop

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    Re: Oil rises above $90 amid US crude supply drop

    from a forum about Kentucky in 2009:
    http://www.kentuckygasprices.com/For...age_no=1&FAV=N
    Topic: from 1.52 to 1.79 = WTF!!!


    http://www.chron.com/disp/story.mpl/...s/6155164.html

    The Energy Information Administration, the Energy Department’s analytical and statistics arm, Tuesday estimated regular unleaded will sell for an average $2.03 a gallon in 2009.

    That’s up from the $1.70 a gallon American motorists were paying — and the $1.56 a gallon Houston drivers were paying — on Tuesday, according to AAA’s Daily Fuel Gauge Report.
    Last edited by USA_1; 03-10-11 at 01:56 PM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Lord Tammerlain View Post
    I would suggest a Reagan admin policy most definately

    How much or how little Reagan knew or could understand is a different story
    -shruggs- in this case ... our opinions just differ.. . and that happens often here from what I've seen

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    Average private health insurance premiums rose from $7,086 in 2001 to $12,560 in 2008. 700 bucks a year really is not that big of a deal, now is it?
    -chuckles- wonders what that cost is after you adjust it in for inflation. But that aside .. prices on gas have more then doubled since 2001 according to your own charts

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by The Barbarian View Post
    -chuckles- wonders what that cost is after you adjust it in for inflation. But that aside .. prices on gas have more then doubled since 2001 according to your own charts
    Yes, gas has more than doubled since 2001. It was 99 cents when Clinton left office. Wages haven't doubled since 2001. Health insurance has doubled.
    Last edited by USA_1; 03-10-11 at 05:34 PM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    Yes, gas has more than doubled since 2001. It was 99 cents when Clinton left office. Wages haven't doubled since 2001. Health insurance has doubled.
    Only if you don't include taxes. Average price of gas in the U.S. in January 2001 was $1.47.

    www.eia.doe.gov

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post
    Only if you don't include taxes. Average price of gas in the U.S. in January 2001 was $1.47.

    www.eia.doe.gov
    You are right. Gas prices were 99 cents in Feb 1999. Clinton's second to his last year.
    Gas Prices Hit Another All-Time Low in the United States
    Posted on February 22, 1999 by briancarnell

    Gasoline prices in the United States reached an all-time inflation-adjusted
    low in February, dropping to less than $1 per gallon nationwide. The average
    cost of gasoline for all grades and including taxes reached 99.8 cents per gallon
    on February 18 according to the Lundberg Survey of 10,000 gas stations nationwide.

    After 18 months of perpetually declining prices, however, gas prices might
    soon begin to inch upwards. “The price cutting is faster and deeper than it’s
    been so far this year, but it is probably fizzing out,” Trilby Lundberg
    told the Associated Press. “Behind the average price fall are a few lonely
    no-change (prices) or price hikes here and there, from which I infer that retailers
    and their suppliers can’t take it anymore.”
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    It still sucks, but it has recovered a little since the Bush collapse. We never will totally recover from that disaster.
    Tell that to all the jobless and those that have become homeless in the last two years

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    Yes it did. For a short time it was below 2 bucks here in Wisconsin. It wasn't that long ago.
    Gas is up 67% since Obama took office. This is the most gas has ever been in February

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Lord Tammerlain View Post
    Wow really I would never have known



    The lowest price I recall seeing gas in Alberta over the last 3 years would have been around $0.80/L. I converted a lower price into USG to make the comparision easier for Americans who are not used to liters and most likely will not be able to convert the one into the other without a bit of work
    I said that because I have driven into Canada with a big truck.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by USA_1 View Post
    My point is you are probably wrong.

    2009 in review - Wisconsin Gas Prices
    So prices started rising when Obama got elected

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