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GasBuddy News Article

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Gas hike revives fears of $5 mark

San Jose Mercury News -- Gas prices skyrocketed an astonishing 23 cents in a week in California, to $4.14 a gallon, and are on a sharp rise across the country, setting off loud grumbling Thursday from motorists and prompting President Barack Obama to fire back at critics who blame him.

The current California price is the highest it has been at this time of year, and analysts predict $4.50-or even $5-a-gallon gas by Memorial Day. Some Bay Area stations raised prices by 15 cents a gallon between Wednesday and Thursday, and more increases are likely in the next few days.

While tensions with Iran sent crude oil costs to over $107 a barrel --the highest since May --refinery shutdowns on the West Coast are causing a particular problem in California, where the biggest increases have occurred


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Submitted Feb 25, 2012 By: DavisSta
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Gas hike revives fears of $5 mark Back to Topics
REPLIES (newest first) Post a Reply
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dal1
Champion Author Illinois

Posts:1,185
Points:158,255
Joined:Jun 2007
Message Posted: Mar 1, 2012 9:00:07 AM

in light of article I recently read O' is incorrect stating "Iranian fears is what is driving prices up"! He'd better read up on U.S. finances & the Fiat Dollar!
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honda0105
Champion Author Tallahassee

Posts:22,223
Points:2,066,740
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Message Posted: Feb 27, 2012 6:04:03 AM

mrpc: nope, thanks to GWB for allowing specutraitors to go offshore and flip oil contracts like others flip stolen cars without ever having to pay a penny on their profits.
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honda0105
Champion Author Tallahassee

Posts:22,223
Points:2,066,740
Joined:Nov 2008
Message Posted: Feb 27, 2012 6:03:04 AM

kyrunner: dunno where you heard that, but around here it's $3.75 or less. That's (thankfully) a far cry from $5, though diesel has hit above the $4.00 mark.
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Einstein47
Champion Author Utah

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Message Posted: Feb 26, 2012 10:01:35 AM

Not all change is for the best - just like not all movement is forward.
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mrpc90
Champion Author Illinois

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Message Posted: Feb 26, 2012 7:59:45 AM

Thanks to President Obama, and his idea to allow energy prices to necessarily skyrocket.
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dsaine
Champion Author North Carolina

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Message Posted: Feb 26, 2012 7:47:36 AM

Ridiculous
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numbers
Champion Author North Dakota

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Message Posted: Feb 26, 2012 7:30:04 AM

Great
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tomok
Champion Author Portland

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Message Posted: Feb 26, 2012 5:40:40 AM

Did you get your blog posting points for 2/26/12 ‘uksqueeze?’
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uksqueeze
Champion Author San Jose

Posts:1,982
Points:1,113,640
Joined:May 2004
Message Posted: Feb 26, 2012 3:16:53 AM

> You voted for Obama in 2008 to prove you were not a racist.

I did? No, I didn't vote for him for that reason. I voted for him for other reasons. One of which is that Sarah Palin as president scares the living crap out of me.

[Edited by: uksqueeze at 2/26/2012 3:17:31 AM EST]
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uksqueeze
Champion Author San Jose

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Message Posted: Feb 26, 2012 3:16:00 AM

tomok -- are you arguing that the government should force private companies to sell their product at a lower price than they could otherwise get? Basically you are arguing for nationalizing the oil companies.
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uksqueeze
Champion Author San Jose

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Message Posted: Feb 26, 2012 3:12:00 AM

> Barry could care less about the price of fuel at the pump.

You're right, he could care less. He cares enough that there is plenty of room for him to care a lot less than he does. He cares, but there's not a whole lot he can do about it.
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uksqueeze
Champion Author San Jose

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Message Posted: Feb 26, 2012 3:09:08 AM

We want less government but we want the government to make the gas companies lower their prices. Oh right -- if the govt didn't exist, then gas would be $1.50/gal because companies could drill wherever they want. I'm not buying that argument.
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tomok
Champion Author Portland

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Message Posted: Feb 26, 2012 3:06:06 AM

Gas hike revives fears of $5/gallon mark, Barry could care less about the price of fuel at the pump. With Big oil selling fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit.
Whatever the size or shape of the vehicle is, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using ‘other’ forms of transportation to help lower your cost.
The price of fuel at the pump is too high!
12/22/2012!
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chuckwthompson
Champion Author Charlotte

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Message Posted: Feb 26, 2012 2:52:55 AM

This is not the Hopey Changey I was looking for.

You voted for Obama in 2008 to prove you were not a racist.
Now vote for someone else in 2012 to prove you are not an idiot!
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firechief
Champion Author New York

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Message Posted: Feb 26, 2012 2:26:44 AM

no :(
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SparkieMi
Champion Author Kalamazoo

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Message Posted: Feb 26, 2012 1:00:59 AM

Very interesting....
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abs578
Sophomore Author London

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Message Posted: Feb 26, 2012 12:43:46 AM

will be les driving
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JjKingOfGas
Champion Author Las Vegas

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Message Posted: Feb 26, 2012 12:41:43 AM

 
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alterman156
Champion Author New York

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Message Posted: Feb 26, 2012 12:40:23 AM

I would not be the least bit surprised if gasoline did reach $5 per gallon.
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76chevy
Champion Author Toledo

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Message Posted: Feb 26, 2012 12:29:47 AM

This is what obama promised, skyrocketing energy prices! How's that Hopey Changey thing working for you?

[Edited by: 76chevy at 2/26/2012 12:30:49 AM EST]
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herndonks
Champion Author Baltimore

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Message Posted: Feb 26, 2012 12:26:55 AM

Bad
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Bigwaynef
Champion Author South Carolina

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Message Posted: Feb 26, 2012 12:19:47 AM

Walmartian's we need your help...
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LQQKGAS
Champion Author Phoenix

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Message Posted: Feb 26, 2012 12:18:07 AM


I'll see your $6 and raise to $7.
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southrob
Champion Author Tucson

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Message Posted: Feb 26, 2012 12:17:56 AM

up up and away with our economy
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Beboper
Champion Author Virginia

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Message Posted: Feb 26, 2012 12:17:03 AM

it is nothing but greed
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ron98146
Champion Author Seattle

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Message Posted: Feb 26, 2012 12:16:43 AM

repeat it enough and it will happen.
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amearly
Champion Author Michigan

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Message Posted: Feb 26, 2012 12:16:39 AM

Exactly what Obama wants.
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Dragnet
Champion Author Arizona

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Message Posted: Feb 26, 2012 12:16:30 AM

I feel so violated and the companies and government didn't even use a condom.
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jwalkerh
Champion Author Louisiana

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Message Posted: Feb 26, 2012 12:14:52 AM

Here we go again...
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edamp04
Champion Author Fort Worth

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Message Posted: Feb 26, 2012 12:13:42 AM

And how much of the price is taxes?
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cateyes8264
Champion Author Tennessee

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Message Posted: Feb 26, 2012 12:13:29 AM

Ready for my change that I was promised now! Where is the outrage in the media about this????
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2tone1
Champion Author Ontario

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Message Posted: Feb 26, 2012 12:12:38 AM

Don't fear the $5 gallon... embrace it because in the near future we'll be facing the $6 mark.
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tedjm1
Champion Author New York

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Message Posted: Feb 26, 2012 12:12:28 AM

GREED is the major facto involved in the higher prices.
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movietracker
All-Star Author Pennsylvania

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Joined:Mar 2011
Message Posted: Feb 26, 2012 12:11:25 AM

I have learned to live with it, no use of fearing
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goldseeker
Champion Author West Virginia

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Message Posted: Feb 26, 2012 12:09:50 AM

It is headed that way.
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pizzaman09
Champion Author Indiana

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Message Posted: Feb 26, 2012 12:09:29 AM

THEY WILL GO TO HELL.
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jkpsr
Champion Author New Jersey

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Message Posted: Feb 26, 2012 12:09:18 AM

California will reach $5 first.
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LQQKGAS
Champion Author Phoenix

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Message Posted: Feb 26, 2012 12:08:33 AM


$5 FOOTLONGS AT SUBWAY, OR $5 GAS ACROSS THE STREET.
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cheapchickKY
Champion Author Lexington

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Message Posted: Feb 26, 2012 12:08:31 AM

What a mess.
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Bonito
Champion Author Dayton

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Message Posted: Feb 26, 2012 12:07:35 AM

I think the rich 5% of this county are getting rich while we sink! Soon this will come back and bite them!
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shari128
All-Star Author Iowa

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Message Posted: Feb 26, 2012 12:07:29 AM

What else is new?? I guess we need to stop eating & sell our children just to pay for gas!!!
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jetskijerry
Champion Author North Carolina

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Message Posted: Feb 26, 2012 12:07:15 AM

greed. No one cares about anyone wlse...
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amgine27
Champion Author New York

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Message Posted: Feb 26, 2012 12:06:40 AM

ok
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jetskijerry
Champion Author North Carolina

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Message Posted: Feb 26, 2012 12:06:27 AM

crooks
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always2bnaked
Champion Author Sacramento

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Message Posted: Feb 26, 2012 12:06:05 AM

At one of my stations I report for, I saw a 18 cent jump since last night. I say let it go up!! Let it get to the $5 mark or even higher! Then maybe all of you that voted for this hope and change will see there is no such thing. You all blamed Bush and said he had the highest prices on his watch, but what if your guy, Nobama earns that title? What will you say then? Is it still the GOP fault or will you still blame it on Bush?

We have a problem here and I see the current administration wants to put a bandaid on it instead of tackling the problems head on!! Maybe next year we might see a different world and gas prices might get to that $10 mark per gallon some of you boast sarcastically about. America needs to open there eyes to the problems that are accruing or soon to be here! Other countries want us to die and disappear. They don't like our freedom and our way of life.

I pray everynight that what is going to happen, to America, will not happen!!
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judgemobile
Champion Author Ohio

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Message Posted: Feb 26, 2012 12:05:46 AM

last 2 times they predicted $ 5 at the pump, the economy and the free market fixed things. I am NOT convinced it will happen this time either--given Bummer would be BLAMED and not re-elected, he needs to DO SOMETHING.
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bra0712
Champion Author Arizona

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Message Posted: Feb 26, 2012 12:04:56 AM

Gas sucks balls
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LexieKY
Champion Author Lexington

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Message Posted: Feb 26, 2012 12:04:27 AM

Bye bye, economic recovery
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blah2blah3
Champion Author Houston

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Message Posted: Feb 26, 2012 12:02:54 AM

ok
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RAKARWOWSKI
Champion Author Chicago

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Message Posted: Feb 26, 2012 12:02:34 AM

You mean $8!
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