Page 10 of 22 FirstFirst ... 8910111220 ... LastLast
Results 91 to 100 of 218

Thread: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

  1. #91
    Sage
    pbrauer's Avatar
    Join Date
    Jun 2010
    Location
    Oregon
    Last Seen
    11-27-15 @ 03:31 PM
    Gender
    Lean
    Liberal
    Posts
    25,394

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Earlier today I drove to Starbucks for coffee and passed a station where's the price was $3.69, when I drove home 2 hours latter the price the went up to $3.75.


  2. #92
    Banned
    Join Date
    Feb 2012
    Location
    Chicago Illinois
    Last Seen
    10-14-15 @ 09:28 AM
    Gender
    Lean
    Private
    Posts
    56,981

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by Catawba View Post
    Hell of a deal!!!

    "NEW YORK (CNN/Money) � Gasoline prices in the United States, which have recently hit record highs, are actually much lower than in many countries. Drivers in some European cities, like Amsterdam and Oslo, are paying nearly 3 times more than those in the U.S.

    The main factor in price disparities between countries is government policy, according to AirInc, a company that tracks the cost of living in various places around the world. Many European nations tax gasoline heavily, with taxes making up as much as 75 percent of the cost of a gallon of gasoline, said a spokesperson for AirInc.

    In a few Latin America and Middle-East nations, such as Venezuela and Saudi Arabia, oil is produced by a government-owned company and local gasoline prices are kept low as a benefit to the nation's citizens, he said."

    CNN/Money: Global gas prices
    Yeah.....we are lower due to them converting to US dollars. Sadly Prices will continue to rise for us. Thanks for pointing that out.

  3. #93
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by MMC View Post
    Yeah.....we are lower due to them converting to US dollars. Sadly Prices will continue to rise for us. Thanks for pointing that out.

    What the experts said that I quoted above was that the "main factor" for the lower prices in the US are lower taxes. You are welcome!
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  4. #94
    Banned
    Join Date
    Feb 2012
    Location
    Chicago Illinois
    Last Seen
    10-14-15 @ 09:28 AM
    Gender
    Lean
    Private
    Posts
    56,981

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by Catawba View Post
    What the experts said that I quoted above was that the "main factor" for the lower prices in the US are lower taxes. You are welcome!
    Heres what the experts say.....

    Obama Can Control Some Factors That Affect Oil Prices.....

    There are countless factors that affect oil prices, and some of them fall outside the president's immediate control, but to argue that an American president has zero ability to impact domestic gasoline prices is simply false. As most people know, the price of gasoline is largely determined by the price of oil. The recent increase in oil prices, and the subsequent increase in gasoline prices, is largely due to a potential disruption in the supply of Iranian oilthere has been no actual decline in international oil production. Conversely, allowing America's oil and natural gas producers to explore our vast oil reserves would absolutely quell concerns about future oil production, increase international spare capacity, and bring down the price of gasoline.

    Under the Obama administration, consumers have seen a real increase in energy prices. The price of gasoline has increased by more than 90 percent. Last year, the average American household spent over 8 percent of its income on gasoline, the largest portion in three decades. Still, the president opposes oil and gas development here at home: Billions of barrels of oil contained in Alaska, America's West, and our Outer Continental Shelf are off-limits.

    In the face of criticism, the president is quick to trumpet increased domestic oil production going on today. True, the U.S. is producing more of the energy we consume, but these trends stem from increased development of oil and natural gas on private and state landsproduction on federal lands is declining.

    Far from facilitating domestic production, President Obama has threatened to cripple America's job creators by repealing standard cost recovery tax policies employed by oil and natural gas producers. Raising oil and natural gas producers' taxes by $90 billion would force these employers to delay or scrap future projects—outcomes that can only increase the price of oil.

    Christopher Prandoni serves as a Federal Affairs Manager of Americans for Tax Reform and handles energy policy for the organization.

    Obama Can Control Some Factors That Affect Oil Prices | Debate Club | US News Opinion

    Yes — The administration has done little to reduce oil prices

    DANIEL SIMMONS, Director of State Affairs at the Institute for Energy Research.....snip~


    Yes — The president should know there are viable options on the table

    DOUGLAS HOLTZ-EAKIN, President of the American Action Forum.....snip~

    Seems that's not what they are saying here.....Including the Director of the State Affairs at the Institute for Energy Research! Which doesn't even include those new Sanctions Obama just had applied to Iran.

  5. #95
    Banned
    Join Date
    Oct 2012
    Last Seen
    09-18-16 @ 03:33 PM
    Gender
    Lean
    Progressive
    Posts
    12,029

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by MMC View Post
    Funny you seem to have not come up with any sort of answer. But allow me to help you with this.....

    CNN) -- President Barack Obama and fellow leaders at the Group of Eight meeting he hosted Saturday put job creation and economic growth at the top of their to-do list.

    "(They) must be our top priority. A stable growing European economy is in everybody's best interest, including the United States'," Obama told reporters after the two-day Camp David retreat in Maryland concluded.

    G8 leaders -- from the United States, France, the United Kingdom, Germany, Japan, Italy, Canada and Russia -- issued a declaration detailing their commitment to ensuring adequate energy and dealing with climate change; providing food security and nutrition in Africa; promoting democratic transitions in the Middle East; and supporting political transition in Syria. They reiterated "grave concern" over Iran's nuclear program and the need to ensure an adequate oil supply.....snip~

    G8 leaders tout economic growth, fiscal responsibility - CNN.com

    Coping with shaky oil markets, the leaders set the stage for a united release of world oil reserves to balance any disruption in world markets when tough new sanctions are imposed on Iran's exports because of its disputed nuclear program. The leaders said they were ready to take "appropriate action" to meet any shortages.

    The mere preparation to release oil reserves could help calm markets and ensure that oil prices, which have been dropping, don't climb again and anger consumers as U.S. elections approach.

    G8 Summit 2012: Obama Emphasizes Growth Over Austerity To Tackle World Economic Woes

    U were saying now?

    Did you need the chalk board to explain to you how a President can affect gas prices, now?
    Yep, Obama's economic policy has worked; the US economy is growing again, and that puts upward price pressure on gasoline (as do storms, political unrest, and seasonal changes in gas mixtures).

    I think you're making my point, not yours.

  6. #96
    Professor
    Join Date
    Feb 2013
    Last Seen
    10-08-13 @ 08:19 PM
    Gender
    Lean
    Undisclosed
    Posts
    1,482

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks


  7. #97
    Banned
    Join Date
    Oct 2012
    Last Seen
    09-18-16 @ 03:33 PM
    Gender
    Lean
    Progressive
    Posts
    12,029

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by pbrauer View Post
    Earlier today I drove to Starbucks for coffee and passed a station where's the price was $3.69, when I drove home 2 hours latter the price the went up to $3.75.
    And in a couple weeks it will probably be down to $3.20 and nobody will say (or at least tea partiers won't say, look gas prices are going down). Gas prices go up and down due to seasonal and unpredictable events. The OP is more conservative silliness.

  8. #98
    Professor
    Join Date
    Feb 2013
    Last Seen
    10-08-13 @ 08:19 PM
    Gender
    Lean
    Undisclosed
    Posts
    1,482

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by head of joaquin View Post
    Yep, Obama's economic policy has worked; the US economy is growing again, and that puts upward price pressure on gasoline (as do storms, political unrest, and seasonal changes in gas mixtures).

    I think you're making my point, not yours.
    I knew it I knew it I just knew it! Retracting GDP in the 4th quarter, U3 unemployment about to go back over 8%, consumer confidence lower than a snakes belly in a wagon rut, take home pay reduced for all, and rising gas prices. We're in a booming recovery ya'll!! Rejoice!!

  9. #99
    Banned
    Join Date
    Oct 2012
    Last Seen
    09-18-16 @ 03:33 PM
    Gender
    Lean
    Progressive
    Posts
    12,029

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by Oceandan View Post
    I knew it I knew it I just knew it! Retracting GDP in the 4th quarter, U3 unemployment about to go back over 8%, consumer confidence lower than a snakes belly in a wagon rut, take home pay reduced for all, and rising gas prices. We're in a booming recovery ya'll!! Rejoice!!
    Did you also know that the only reason the economy had negative growth were one-time cuts in military spending (of course if the Tea Party has it's way, they'll be more and more cuts). The private sector in fact is growing quite nicely.

    So much for your conservative meme that government can't create jobs.

  10. #100
    Disappointed Evolutionist
    Catawba's Avatar
    Join Date
    Jun 2009
    Last Seen
    05-28-13 @ 08:15 PM
    Gender
    Lean
    Liberal
    Posts
    27,254

    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by MMC View Post
    Heres what the experts say.....

    Obama Can Control Some Factors That Affect Oil Prices.....

    There are countless factors that affect oil prices, and some of them fall outside the president's immediate control, but to argue that an American president has zero ability to impact domestic gasoline prices is simply false. As most people know, the price of gasoline is largely determined by the price of oil. The recent increase in oil prices, and the subsequent increase in gasoline prices, is largely due to a potential disruption in the supply of Iranian oilthere has been no actual decline in international oil production. Conversely, allowing America's oil and natural gas producers to explore our vast oil reserves would absolutely quell concerns about future oil production, increase international spare capacity, and bring down the price of gasoline.

    Under the Obama administration, consumers have seen a real increase in energy prices. The price of gasoline has increased by more than 90 percent. Last year, the average American household spent over 8 percent of its income on gasoline, the largest portion in three decades. Still, the president opposes oil and gas development here at home: Billions of barrels of oil contained in Alaska, America's West, and our Outer Continental Shelf are off-limits.

    In the face of criticism, the president is quick to trumpet increased domestic oil production going on today. True, the U.S. is producing more of the energy we consume, but these trends stem from increased development of oil and natural gas on private and state landsproduction on federal lands is declining.

    Far from facilitating domestic production, President Obama has threatened to cripple America's job creators by repealing standard cost recovery tax policies employed by oil and natural gas producers. Raising oil and natural gas producers' taxes by $90 billion would force these employers to delay or scrap future projects—outcomes that can only increase the price of oil.

    Christopher Prandoni serves as a Federal Affairs Manager of Americans for Tax Reform and handles energy policy for the organization.

    Obama Can Control Some Factors That Affect Oil Prices | Debate Club | US News Opinion

    Yes — The administration has done little to reduce oil prices

    DANIEL SIMMONS, Director of State Affairs at the Institute for Energy Research.....snip~


    Yes — The president should know there are viable options on the table

    DOUGLAS HOLTZ-EAKIN, President of the American Action Forum.....snip~

    Seems that's not what they are saying here.....Including the Director of the State Affairs at the Institute for Energy Research! Which doesn't even include those new Sanctions Obama just had applied to Iran.


    Any expert on gas prices understands that prices are set on the world market and are driven by what the commodity speculators see in the future discrepancy between world oil supply and world oil demand.

    All one has to do to confirm this is to graph the world price of oil over the last hundred years.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

Page 10 of 22 FirstFirst ... 8910111220 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •