It could be that crude oil is going up. Or it could be because some gas executive has a daughter getting married and needs few extra million.
Maybe the refineries on the far end of the country are not producing is the cause of gas going up even if your station doesn't get any gas from that refinery.
Maybe it is because more people are driving...or maybe it's BLAH...BLAH...BLAH.
What ever the reason it is going up way to fast.
When I first driving (back in the day) gas was 35 cents a gallon. Today in Staten Island its $3.85 a gallon. A little over 10 times was it was back then.
Back then a bus ride was 15 cents, today its $2.25 cents for the local ride. that's 15 times the price.
If a man made $100 a week back then, he could feed his family and pay the bills. Today anyone in NYC making under $1,000 a week has a hard time doing the same.
A bottle of Coke only cost 10 cents, today one dollar is about right.
Now cigarettes, that's another story. Sea stores, Navy term for out past the 3 mile limit, you could buy a pack of smokes for 10 cents. Today it about $12 a pack in NYC.
So, all in all, $3.85 for a gallon it not that bad. Now don't scold me for that.
If America could build Refineries, if America could Drill for Oil, if America could shake off the huge Tax Burden - then Gasoline would cost less than $1 per gallon. But of course the Un-Elected EPA won't allow Refineries, the Environmentalists will file lawsuits to stop the drilling, and the Government is not going to stop taxing and spending.
Wait a minute! I distinctly remember the Dems saying that gas went UP to $45/barrel so Bush and Cheney could feed profits to their friends! Now that Brent is $116/barrel (from which we get our gasoline) those friends must be really rich! How Bush and Cheney are making it go up is beyond me, but wow, what a great job they are doing!
you cannot win. Virginia wants to raise taxes since the gas tax is not bringing in enough money since cars are more fuel efficient now. With one hand they want you to get less poluting cars ....on the other they punish you for doing so....well there you go.
Gas prices have doubled in 10 years. The cost of everything else has not doubled. The oil drawn from public lands should be sold to Americans at cost plus a reasonable profit for the oil companies. It should not be sold to Americans at Wall Street market prices. Americans are being fleeced by the oil companies and our own government.
We are always fleeced by our own government and will continue to be as long as people are more concerned with 'what is in it for me' and not if it is good for the country as a whole.
Reasonable profit? What is that?
Pharmaceutical companies profit much more than oil companies which profit much more than grocery stores. What's reasonable?
Look at where the oil and gas companies line up here:
http://www.energytrendsinsider.com/2012/04/19/is-big-oil-guilty-of-price-gouging/#more-10061
You kind of have to go to the bottom of the list.
I have read that as refineries switch from winter to summer blend availability is reduced so there is a short term price increase. I do know that there was recent fire at a U.S. refinery that has temporarily reduce output also affecting supply. On the other hand that an oil company executive has a daughter getting married is probably just as likely true. William, thanks for pissing me off this morning thinking about how mad I have gotten each time I have pulled up to a pump the last two weeks!
It is about damned time that the oil companies quit getting these tax breaks....they are breaking us! There is something fishy going on.
We should not be dependent on foreign oil.
Electric cars are seeing all over.
William -- I think that Fred (#2) got several of the points right. Of course, it might help if more citizens did not have a NIMBY attitude toward refineries near them (though I can understand why they don't want them literally in their back yard.)
I understand the price going up, but 50 cents in 3 weeks? That I don't understand.
Prices have really crept up around here. I'm hoping those two stations in Delta decide to have another gas war. I'm getting below half a tank and could use a break at the pump.
I agree, I don't see gas at a dollar a gallon anymore. Costs of supplies are higher than that. But, going up 50 cents in a few weeks seams a bit much.
I actually purchased gas for under $3.00 before Christmas when it went down and was excited. Now back up to around $3.30+ and rising.
Could it be supply and demand with prices being determined in the world market place? Btw, the US will be the number 1 producer of crude oil in the world by 2020.
Well, we can call it what ever we want, but demand doesn't go up 10-15% in a couple of weeks.
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