$3.25 gas/gallon now, where is the outrage?, page 1

Just went and filled the tank. Used the discount I get from my grocery shopping to offset the cost. The largest grocer in my area gives discounts from purchases at the market to use at the gas stations they run. I saved quite a bit from that but anyway.

Where is the outrage from the media and the politicians.

What is OBAMA going to do about it? Is he going to allow any drilling anytime soon?

Are we really going to be paying $4-5/gallon by the end of year as some are predicting?

Is there a difference now than just 3 years ago? Has there been a huge change in the MSM in the past 3 years that I do not know about?

Huh!?

Someone asked as a request whether the rise of gas prices is tied to a Bush being into office. The simple answer is yes, but not for the reasons that you would think.

Boy, according to this guy, Bush must still be in office!

Read that article, talk about incorrect conclusions. If deregulation had anything to do with it, we would be paying a nickle a gallon now.

Anyway, just something to consider about your media and your politicians. Cognitive dissonance.

reply to post by saltheart foamfollower

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Thank you for this tread S&F. What kills me is how the price can jump 10 - 20 cents overnight. But does it ever drop by 10 - 20 cents overnight - NO. It's theft. There's something really wrong with this.

reply to post by StlSteve

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Well, funny how supposedly we have a free market. If you go from one end of my state to the other, you will find that the price does not vary. This used to be called collusion, but now I guess it is common practice in many states here in the US.

Now out in California, the prices did vary a lot. You could search for bargains at different locations in the same city. Not so in many states. Mine is one of them.

Yeah, our prices have jumped $.25 in the past 3 weeks.

Just wondering where the outcry is from the MSM and the politicians?

reply to post by havenvideo

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This was the first time I filled my tank in about 3 months. I do not go out much during the winter. Just family get togethers and errands.

Now and then I have projects to go to, but not many during the winter. If the prices continue to rise, you will see the true GDP show this year.

I still say that we are in a depression. A depression is defined as 4 continuous quarters of declining GDP. If the government is supplementing the GDP by quantitative easing and stimulus spending, does that actually translate into it not being a depression? I would think it verifies that we are in a depression.

reply to post by saltheart foamfollower

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From what I have heard from some of the oil field workers in Texas, this article could be right on target; it is predicting about $4 per gallon by May of this year., similiar to what happened in 2008:

www.huffingtonpost.com...

reply to post by saltheart foamfollower

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And I think they can get rid of the .9 crap. if it's 3 bucks, don't advertise 2.99.9. It had it pupose back in the days when gas was 50 cents a gallon, and stations would have 'gas wars' for lowest price, but these days?

reply to post by havok

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EXACTLY.

That is another component. The US being the largest user of oil, has been on a downward trend of demand. Yet the price goes up. You have inflationary pressures, but that does not describe it all. Also with OPEC lowering their output to drive up prices, this still does not describe all of it.

In my opinion the price of oil and supply has been manipulated for decades. We could be self sufficient within one decade. There would be no need for us to even trade with anyone.

I believe the whole dependence on foreign oil and energy was created to make us dependent on foreign countries, not allowing ourselves to step back from the world stage. Not allowing us to be sovereign so to speak. This is one of my theories from way back.

Outrage in what regard? Is outrage rational? Does it accomplish anything? Demand will go down...prices will go down.

Anyway, I found this cool link comparing gas prices by state with general trend charts too, all the way back to 1983 in case anyone's interested. www.eia.gov...

reply to post by saltheart foamfollower

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I think it is all part of a plan to get rid of people on fixed incomes. Gas prices and food prices ought to do it I think. Alpo here I come, yum

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