Gas Prices Jump Nearly 25 Cents In Last 2 Weeks

[Catawba]

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).

Well, we could go back to the GOP policies that ran the economy in the ground, thereby lowering demand, and have low gas prices again!

 

[head of joaquin]

Well, we could go back to the GOP policies that ran the economy in the ground, thereby lowering demand, and have low gas prices again!

Exactly, Bush sure brought gas prices down -- by bringing the economy to a screeching halt.

By the way, right before Bush's meltdown, gas prices were right about where they are now.

Silly tea partiers.

 

[Catawba]

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

 

[head of joaquin]

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

I'm afeerd you're leaving poor MMC in the dust with all them fancy facts and figers.

 

[MMC]

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.

Your wrong.....it will go up because YOUR BOY just tighten more sanctions on Iran. No the OP reported on the rise in gas costs under your failed so called leader who lacks any common sense when it comes to leadership.

That's because you can't face the fact that Obama doesn't know how to govern.

 

[MMC]

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.

Wrong again.....according to the stats 0.2% growth was projected and YOUR BOY couldn't even measure up to what the Norm was calling.

 

[MMC]

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.

This changes up nothing with what the Institute of Energy Research reported on. Nor does it change those facts that Obama requested all others in the G8 to keep their reserves open.

As they reported no loss in production.....but then none can get round that disruption with and thru Iran. Despite the fact there are countless factors. But these being the main ones and still proving that under Obama energy prices are up 90% while reducing our production off of federal lands.

Nice try with the deflection.....but it is clear the Democratic Underground didn't give you the correct answers to respond with.

 

[Catawba]

This changes up nothing with what the Institute of Energy Research reported on. Nor does it change those facts that Obama requested all others in the G8 to keep their reserves open.

As they reported no loss in production.....but then none can get round that disruption with and thru Iran. Despite the fact there are countless factors. But these being the main ones and still proving that under Obama energy prices are up 90% while reducing our production off of federal lands.

Nice try with the deflection.....but it is clear the Democratic Underground didn't give you the correct answers to respond with.

You may think wrapping your opinion is red font lends it some kind of credibility, I do not!

 

[MMC]

Well, we could go back to the GOP policies that ran the economy in the ground, thereby lowering demand, and have low gas prices again!

Looks like the method was layed out by the Research Institute YOUR BOY likes to read up on. Although this is why there is always some confusion thrown up into the mix. Especially when you cherry pick those stats.

Right here you state it perfectly.....with well we can go back to GOP Policies. Again failing to deal with the reality at hand and under YOUR boy's Watch. Where all falls into his lap now.

Even the most loyal of lap-dogs would surely know this.

 

[MMC]

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

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 oil—there has been no actual decline in international oil production.....snip~


They gave you the real Answer to why.....despite your graph on estimated export volume. Hows that Iranian crude looking? I know.....it is mindblowing to discover that Your BOY knew prices were going to go back up after the election all due to those sanctions on Iran and after he order another round of sanctions with his policy on containment with Iran. Those are the little important details.....he don't think you should know about. Which is why the Demo Underground has to give you talking points on how to survive a fiscal debate.

 

[Catawba]

Looks like the method was layed out by the Research Institute YOUR BOY likes to read up on. Although this is why there is always some confusion thrown up into the mix. Especially when you cherry pick those stats.

Right here you state it perfectly.....with well we can go back to GOP Policies. Again failing to deal with the reality at hand and under YOUR boy's Watch. Where all falls into his lap now.

Even the most loyal of lap-dogs would surely know this.

It appears your own red font has blinded you to historic fact:

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

 

[MMC]

I'm afeerd you're leaving poor MMC in the dust with all them fancy facts and figers.

Nice try again.....read along now, and see where your failed leader has mislead you once more. See ya cannot get past the fact that energy prices are up 90% under Obama. Nor can you get past the fact that there is something he can do to immediately affect the price of gas.

I understand you missed the part where Obama was talking about what Europeans paid for gas and then what he had to say about Americans and their gas issue. Especially about the price and cost of gas for Americans in the future. Note: the Demo underground isn't responsible for what you don't read and report to them with.

 

[Catawba]

What’s Up With Gas Prices?

"The rise and fall in gasoline and diesel prices directly relates to the cost of crude oil and the global demand for crude on the worldwide market."

See more here-

Why Are Gas Prices Rising?

 

[Catawba]

Nice try again.....read along now, and see where your failed leader has mislead you once more. See ya cannot get past the fact that energy prices are up 90% under Obama. Nor can you get past the fact that there is something he can do to immediately affect the price of gas.

I understand you missed the part where Obama was talking about what Europeans paid for gas and then what he had to say about Americans and their gas issue. Especially about the price and cost of gas for Americans in the future. Note: the Demo underground isn't responsible for what you don't read and report to them with.

The president is responsible for all the economic growth in the world that increased world demand and oil prices? Interesting...........

 

[MMC]

The timing couldn’t be worse, either, as a spokesperson for AAA pointed out:

“This is the most expensive we’ve seen gasoline in the dead of winter,” which is ususally a time of relatively low consumption, said John Townsend, a spokesman for AAA Mid-Atlantic. Noting that the increase comes just as the payroll tax cut has expired, Townsend said that “this is a double whammy for many consumers, especially on the East Coast, because many people there use home heating oil. . . . People got that shock to the system and now a shock at the gas pumps.”

Tuesday marked the 33rd consecutive day of rising gas prices across the U.S, according to a spokesman from the American Automobile Association, marking the longest run of fuel-cost increases since 2011.

According to South Jersey AAA spokesman Rich Bradley, the most recent spike in gas prices stems partly from a refinery closure in Saint Croix resulting in one million barrels of crude oil sitting idle, combined with slowdowns at 25 percent of U.S. refineries for scheduled maintenance work.

“Gas companies are also switching over from a winter blend to a summer blend, so there’s just not a lot of fuel out there, which is driving up cost,” said Bradley. “Also, there’s still the remnants of the disruption caused by (Superstorm) Sandy — that’s going to be less and less each day, but it’s still a factor.”

And when gas prices rise …

Worse yet, increasing fuel prices are expected to impact the cost of other goods and services, hitting consumers with a second punch.

How can we avoid these prices spikes in the future? First, we could produce more of our own oil — a point recently made by several Southern governors to incoming Interior Secretary Sally Jewell. We also need more refineries in order to provide more flexibility for maintenance scheduling and output capacity. For both purposes, we need the EPA to back off its regulatory adventurism, and state and local governments to do the same.....snip~

WaPo: What’s going on with gas prices? « Hot Air

Seems everyone is saying the same thing if we want to bring down gas prices. Well everyone but Democrats and Team Obama.

 

[MMC]

It appears your own red font has blinded you to historic fact:

It appears your Boyz new sanctions on Iran and those Regulations and taxes he just imposed. Have blinded yours as to which reality we are talking about.

 

[Catawba]

The timing couldn’t be worse, either, as a spokesperson for AAA pointed out:

“This is the most expensive we’ve seen gasoline in the dead of winter,” which is ususally a time of relatively low consumption, said John Townsend, a spokesman for AAA Mid-Atlantic. Noting that the increase comes just as the payroll tax cut has expired, Townsend said that “this is a double whammy for many consumers, especially on the East Coast, because many people there use home heating oil. . . . People got that shock to the system and now a shock at the gas pumps.”

Tuesday marked the 33rd consecutive day of rising gas prices across the U.S, according to a spokesman from the American Automobile Association, marking the longest run of fuel-cost increases since 2011.

According to South Jersey AAA spokesman Rich Bradley, the most recent spike in gas prices stems partly from a refinery closure in Saint Croix resulting in one million barrels of crude oil sitting idle, combined with slowdowns at 25 percent of U.S. refineries for scheduled maintenance work.

“Gas companies are also switching over from a winter blend to a summer blend, so there’s just not a lot of fuel out there, which is driving up cost,” said Bradley. “Also, there’s still the remnants of the disruption caused by (Superstorm) Sandy — that’s going to be less and less each day, but it’s still a factor.”

And when gas prices rise …

Worse yet, increasing fuel prices are expected to impact the cost of other goods and services, hitting consumers with a second punch.

How can we avoid these prices spikes in the future? First, we could produce more of our own oil — a point recently made by several Southern governors to incoming Interior Secretary Sally Jewell. We also need more refineries in order to provide more flexibility for maintenance scheduling and output capacity. For both purposes, we need the EPA to back off its regulatory adventurism, and state and local governments to do the same.....snip~

WaPo: What’s going on with gas prices? « Hot Air

Seems everyone is saying the same thing if we want to bring down gas prices. Well everyone but Democrats and Team Obama.

Hot air? How appropriate!

 

[MMC]

The president is responsible for all the economic growth in the world that increased world demand and oil prices? Interesting...........

No he isn't responsible for economic growth for the world. But he is responsible in applying pressure on all in the G8 to keep their reserves open as well as getting an agreement from them on it.....course you missed that part on where just them planning to do so and releasing a statement that they would. Would keep the Cost of gas down.

 

[Catawba]

It appears your Boyz new sanctions on Iran and those Regulations and taxes he just imposed. Have blinded yours as to which reality we are talking about.

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.....................

 

[Catawba]

No he isn't responsible for economic growth for the world. But he is responsible in applying pressure on all in the G8 to keep their reserves open as well as getting an agreement from them on it.....course you missed that part on where just them planning to do so and releasing a statement that they would. Would keep the Cost of gas down.

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.

 

[MMC]

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.

 

[MMC]

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.

 

[Catawba]

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

 

[OpportunityCost]

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.

 

[MMC]

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.