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Oil rises above $90 amid US crude supply drop

USA_1 said:
ch.gaschart


You do know gas prices plummeted during the economic collapse under Bush, don't you? That is why gas prices were low when Obama took office. Of course you would chose to ignore that and try to make a lame comparison between Bush and Obama. Gas prices rose as the economy recovered.
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Why did you post a chart of Canadian gas prices ??
 
Gill said:
Why did you post a chart of Canadian gas prices ??
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You might want to take a remedial reading class. See the blue line? It says USA average.
 
USA_1 said:
You might want to take a remedial reading class. See the blue line? It says USA average.
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Yeah, but your chart title says "country=Canada".

Maybe you are correct, but I don't remember gas ever going below $2 here, especially for that amount of time. Looks like Canadian dollars to me.

http://66.70.86.64/ChartServer/ch.gaschart?Country=Canada&Crude=f&Period=72&Areas=USA%20Average,,&Unit=US%20$/G
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Gill said:
Yeah, but your chart title says "country=Canada".

Maybe you are correct, but I don't remember gas ever going below $2 here, especially for that amount of time. Looks like Canadian dollars to me.
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Look at the chart, not the link. It's a chart for US gas prices. If you want to provide another be my guest.

zFacts-Gasoline-Price.png
 
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USA_1 said:
Look at the chart, not the link. It's a chart for US gas prices. If you want to provide another be my guest.
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No, I'll take your word for it. Gas never got that low around here, but these prices are likely adjusted for inflation.
 
Gill said:
No, I'll take your word for it. Gas never got that low around here, but these prices are likely adjusted for inflation.
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Don't take my word for it. Gas was below 2 bucks here when the economy tanked. It is an average. I'm sure California prices didn't get that low.
Inflation has been a nonfactor the last 3 years.
 
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Gill said:
Yeah, but your chart title says "country=Canada".

Maybe you are correct, but I don't remember gas ever going below $2 here, especially for that amount of time. Looks like Canadian dollars to me.
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Definately not Canadian gas prices

The lowest they got here would have been around 2.64 a galllon (retail) (alberta)
 
USA_1 said:
ch.gaschart


You do know gas prices plummeted during the economic collapse under Bush, don't you? That is why gas prices were low when Obama took office. Of course you would chose to ignore that and try to make a lame comparison between Bush and Obama. Gas prices rose as the economy recovered.
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If you believe the economy has recovered. The economy still sucks
 
ptif219 said:
If you believe the economy has recovered. The economy still sucks
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It still sucks, but it has recovered a little since the Bush collapse. We never will totally recover from that disaster.

Bernanke upbeat on economy's recovery
Comments 12
February 03, 2011 11:46:00 PM
By Kevin G. Hall
McClatchy Newspapers

WASHINGTON — Federal Reserve Chairman Ben Bernanke pointed Thursday to "increased evidence" of a self-sustaining economic recovery and strongly rejected suggestions that his policies are driving up global food prices and destabilizing Egypt and other emerging markets.

The Fed chairman was unusually upbeat on the U.S. economy's outlook, noting in a speech at the National Press Club that "we have seen increased evidence that a self-sustaining recovery in consumer and business spending may be taking hold."
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USA_1 said:
Don't take my word for it. Gas was below 2 bucks here when the economy tanked. It is an average. I'm sure California prices didn't get that low.
Inflation has been a nonfactor the last 3 years.
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It never got below $2 in the midwest.
 
Gill said:
It never got below $2 in the midwest.
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Yes it did. For a short time it was below 2 bucks here in Wisconsin. It wasn't that long ago.
 
USA_1 said:
Yes it did. For a short time it was below 2 bucks here in Wisconsin. It wasn't that long ago.
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Not going to argue with you, but I travel extensively throughout Indiana, Ohio, and Kentucky. Never came close to $2.
 
ptif219 said:
Canada sells by the liter not gallon
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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
 
Gill said:
Not going to argue with you, but I travel extensively throughout Indiana, Ohio, and Kentucky. Never came close to $2.
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hmmm...what do you consider close?
 
Gill said:
Not going to argue with you, but I travel extensively throughout Indiana, Ohio, and Kentucky. Never came close to $2.
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I guess you are right and everyone else is wrong. I buy gas every week, too.
 
USA_1 said:
I guess you are right and everyone else is wrong. I buy gas every week, too.
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Do you buy gas in Ohio, Indiana, or Kentucky ??? I usually buy gas around 4 times a week.

Your point??
 
Gill said:
Do you buy gas in Ohio, Indiana, or Kentucky ??? I usually buy gas around 4 times a week.

Your point??
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My point is you are probably wrong.

2009 in review - Wisconsin Gas Prices

We began 2009 with gasoline prices averaging $1.625 across the United States- January 1, 2009 was actually the beginning of the uptrend, the first day that prices began to rise. Prices didn't rise above $2 until March 26, 2009, when they were $2.011.
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from a forum about Kentucky in 2009:
http://www.kentuckygasprices.com/Forum_MSG.aspx?master=1&category=1199&topic=352837&page_no=1&FAV=N
Topic: from 1.52 to 1.79 = WTF!!!


http://www.chron.com/disp/story.mpl/business/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.
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Lord Tammerlain said:
I would suggest a Reagan admin policy most definately

How much or how little Reagan knew or could understand is a different story
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-shruggs- in this case ... our opinions just differ.. . and that happens often here from what I've seen
 
USA_1 said:
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?
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-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
 
The Barbarian said:
-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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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.
 
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USA_1 said:
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.
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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
 
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