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

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

    Quote Originally Posted by Catawba View Post
    Hot air? How appropriate!
    Well they did get their sources from who now? I think that's why they called them referenced sources. I mean if you like I can get pull up the piece where other news media outlets all printed what AAA was saying. I was just reading this as we spoke so it fits Right in with what you are trying to deflect with. Course there is AP and Reuters reporting what triple A stated too.

    Did you doubt what AAA was telling the media? I luv it when you Lib-tards play games over sources that can be referenced thru your Media sources. Such as Huff PO and the Washington Post. Would you like theirs posted as well. So that you cannot deflect with that issue.

    Have to head out to work.....be back later. Get your charts ready. Since you still cant get around what the Energy Research Institute is saying.

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

    Quote Originally Posted by Catawba View Post
    I don't have your ability to ignore the steady climb in gas prices since the 90's. How did President Obama swing that? The only real downturn in prices was the great recession, now that the world economy is improving so is the world demand for oil. Which is why gas prices are going up all over the world.
    We can see you are still in the 90s which is why you cant accept what is being stated for in this day and age......and precisely at this very moment in time. Which is energy prices are up 90% over YOUR BOY Obama time in office. Note that's 90% from last year alone.

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

    Quote Originally Posted by MMC View Post
    Well they did get their sources from who now? I think that's why they called them referenced sources. I mean if you like I can get pull up the piece where other news media outlets all printed what AAA was saying. I was just reading this as we spoke so it fits Right in with what you are trying to deflect with. Course there is AP and Reuters reporting what triple A stated too.

    Did you doubt what AAA was telling the media? I luv it when you Lib-tards play games over sources that can be referenced thru your Media sources. Such as Huff PO and the Washington Post. Would you like theirs posted as well. So that you cannot deflect with that issue.

    Have to head out to work.....be back later. Get your charts ready. Since you still cant get around what the Energy Research Institute is saying.


    "What's behind the higher prices at the pump? It's a confluence of factors, from rising crude oil prices, to production cuts and refinery closings.

    "Right now, things are tight worldwide," said Ray Carbone, president of New York commodities trading firm Paramount Options. "Refineries going down, unanticipated maintenance, and higher demand ... going into driving season."

    Two-thirds of the cost of one gallon of gas comes from the price of crude, which has jumped 10% in the last two months, according to the Energy Information Administration.

    As the U.S. housing market experiences a resurgence, the jobs picture brightens and consumer spending expands, anticipation of higher oil demand is driving up prices. At the same time, fears have ebbed that there would be a protracted slowdown in China's economy, which would have dampened global demand for oil. "

    Why gas prices have risen for 32 days straight - Feb. 17, 2013
    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

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

    Quote Originally Posted by Catawba View Post
    I don't have your ability to ignore the steady climb in gas prices since the 90's. How did President Obama swing that? The only real downturn in prices was the great recession, now that the world economy is improving so is the world demand for oil. Which is why gas prices are going up all over the world.
    Which is why it would behoove us to increase our domestic supply via fracking....oh wait, you and Democrats are against that too.

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

    Quote Originally Posted by Catawba View Post
    You'll have to show us how the effects from the sanctions on Iran was greater than the increased demand from an improved world economy.....................
    Did you just deliberately forget Obama's taxes as part of that scenario.....and not really as the point was that production has not gone down in the world. So there is no speculation that it would when the G8 agreed to keep their reserves open.

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

    Quote Originally Posted by Catawba View Post
    "What's behind the higher prices at the pump? It's a confluence of factors, from rising crude oil prices, to production cuts and refinery closings.

    "Right now, things are tight worldwide," said Ray Carbone, president of New York commodities trading firm Paramount Options. "Refineries going down, unanticipated maintenance, and higher demand ... going into driving season."

    Two-thirds of the cost of one gallon of gas comes from the price of crude, which has jumped 10% in the last two months, according to the Energy Information Administration.

    As the U.S. housing market experiences a resurgence, the jobs picture brightens and consumer spending expands, anticipation of higher oil demand is driving up prices. At the same time, fears have ebbed that there would be a protracted slowdown in China's economy, which would have dampened global demand for oil. "

    Why gas prices have risen for 32 days straight - Feb. 17, 2013
    Bingo.....that's what many are saying. Which you cannot spin it any other way. Which is what my pieces stated from the get go....but then showed why what was taking place. Yours talked about a different tangent.

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

    Quote Originally Posted by MMC View Post
    We can see you are still in the 90s which is why you cant accept what is being stated for in this day and age......and precisely at this very moment in time. Which is energy prices are up 90% over YOUR BOY Obama time in office. Note that's 90% from last year alone.
    I showed you why from historical records and you ignored it:


    Quote Originally Posted by Catawba View Post
    Why the increase in gas prices?

    See the increase in world oil prices below:



    Oil Is Still the Key to U.S. Economic Future - Seeking Alpha
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    Re: Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

    Quote Originally Posted by OpportunityCost View Post
    Which is why it would behoove us to increase our domestic supply via fracking....oh wait, you and Democrats are against that too.
    We have increased fracking. The problem is those that bet on the price of commodities on the world market expect world demand to be greater than world supply in the near future.
    Last edited by Catawba; 02-21-13 at 04:45 AM.
    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

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

    Quote Originally Posted by MMC View Post
    Did you just deliberately forget Obama's taxes as part of that scenario.....and not really as the point was that production has not gone down in the world. So there is no speculation that it would when the G8 agreed to keep their reserves open.
    Taxes? We have some of the lowest gas taxes in the world! The speculators don't think world oil supplies are going to keep up with world oil demand in the near future and they are the ones that set the oil prices.
    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

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

    Quote Originally Posted by Catawba View Post
    We have increased fracking. The problem is those that bet on the price of commodities on the world market expect world demand to be greater than world supply in the near future.
    Yes, Im sure thats what you think. Commodities traders are confident the lib idiots in DC will choke off supply as much as possible in the US, squeezing prices higher.

    Another factor is refining capacity, we havent built a new refinery in this country in years. Regional supply issues cause a lot of the gas price swings we experience all the time.

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