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248 Comments
- ThatsNotPudding, on 05/17/2009, -4/+131It's simple Econ 101: with a red-hot economy like this, the massive demand for gasoline obviously justifies these price increases.
- BlacklabelSAR, on 05/18/2009, -6/+67Well it's a good thing we have a free market. Because with that, there will be competition driving prices down, right? /s
We are fish in a barrel, people. - INDOAZZ, on 05/18/2009, -6/+64Summer Months = Higher gas prices ~it has been the trend....oh ever since gas has been in DEMAND.
- MORPHOTOSoNET, on 05/18/2009, -5/+63Yay, seasonal gas price gouging!
- vegx, on 05/18/2009, -3/+56I'm of the opinion that a good sarcastic post is ruined by "/sarcasm" or "/s".
- harvinator24, on 05/18/2009, -8/+51i believe you forgot this,
/sarcasm. - JStraum, on 05/18/2009, -3/+39$1.50 gas over the winter was an apology for last summer. Guess what? Here comes summer again....
- inactive, on 05/18/2009, -18/+52Remember, Obama did say that his only objection to $4/gal gas was that it went up to quickly.
- inactive, on 05/18/2009, -13/+41No problem.
"Then, when asked if oil prices could help the U.S., Obama answered: 'I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing.' "
http://thehill.com/leading-the-news/congressional- ...
This has been the Democrat's position for years. - robertisaar, on 05/18/2009, -4/+31"apology" usually means they're sorry for something...
they love ***** our asses raw with no lube... - D3L3T3D, on 05/18/2009, -1/+21Gas prices go up around the same time people start taking vacations and road trips?!
- Mpwns, on 05/18/2009, -6/+26gas will peak at around $5 again this summer. the oil companies will give us some bs as to why. but that fact is they know we will pay it, no matter how much we bitch about it.
- kalvinb, on 05/18/2009, -2/+22Memorial Day Weekend is coming up. Gas prices always rise this time of year so it's not an indicator of a long term trend of rising gas prices.
- Solkre, on 05/18/2009, -1/+20They ***** up last year and pushed the world into a green initiative not seen before. They wont make that mistake again. They need to keep it cheap so wasting gas is again cool.
- bhuntsbarger, on 05/18/2009, -0/+17Study this site. Put it out to a year with US gas prices and show crude oil costs, you will be even more pissed off.
http://www.gasbuddy.com/gb_retail_price_chart.aspx ... - jotchie, on 05/18/2009, -1/+16Obviously the gas cost is a Republican vs. Democrat issue.
Get out of your chair and go outside. - joerod, on 05/18/2009, -0/+15just in time for memorial day... these energy people are running a business they know when they can make the most money.
- pntl, on 05/18/2009, -2/+16OPEC didn't "artificially lower" anything, they merely rolled back their artificial inflation of the price for a while.
- ChuckDees, on 05/18/2009, -2/+15Not old enough to drive?
- vbullinger, on 05/18/2009, -4/+16We don't have a free market: we have a small handful of people controlling the entirety of the world's oil supplies. We, for example, are not allowed to drill for our own oil, which we could get for less than we are paying now (WAY less than we were paying a year ago).
The people that make the most with regards to oil are not the Arab sheikhs, kings, etc. - they are just pawns. The people who make the real money are the major oil company heads: westerners. And that includes Americans.
The reason they'd rather use Arab oil than American oil is because they already control Americans. They want to control the Arabs, as well. They make unholy alliances in smoky backrooms that then play out on the world theater in politics, economics and even wars.
Once again: we don't have a free market when it comes to oil. What we have is a cartel controlling the prices and artificially driving them up or down to guide world affairs.
Read or watch the Energy Non Crisis for further information: http://video.google.com/videoplay?docid=3340274697 ... - Bloodwine, on 05/18/2009, -1/+13It's what happens when the credit unfreezes just enough to let the ***** speculators have some $$$ to go screw around with the markets.
All this increase is crude is based off a bet that our economy is about to rebound and they are speculating that oil consumption will return to where we were at year or two ago. What these idiots fail to realize is that historically oil is currently priced around the normal price, and the $150/barrel was just ***** crazy and unrealistic.
We need to get the speculators out of the oil bidness! - inactive, on 05/18/2009, -2/+13Calm down.
The price of fuel is important because it affects everything you buy. You really need this to be explained to you? - Wargala, on 05/18/2009, -5/+16Many of you here on Digg were bitching about the upcoming electric cars from various manufacturers. Well, you now see why I chided you for it. Until you get off of gasoline, you will be having these issues. Want to get off of paying the electric company instead of the oil company? Put a few solar panels on the roof of your house to offset the costs of the "fuel" for your electric vehicle.
You can do it, you just have to be creative about it. - whiledo, on 05/18/2009, -7/+18I'm sorry, I must be bad at reading. I can't find the part in the actual quote that says it was his ONLY objection.
- Buelldozer, on 05/18/2009, -0/+10If your state could learn to balance a budget you wouldn't need an extra $1 per gallon in tax.
- digginamish, on 05/18/2009, -6/+15I'm so embarrassed that Americans (myself included) are whining about the price of gasoline, yet choose to ignore two major facts:
1) OPEC artificially lowered the price of our oil out of fear of our current economic situation
2) Prices here are significantly lower than the rest of the world (even before the OPEC pity drop) http://money.cnn.com/pf/features/lists/global_gasp ... - brbeaird, on 05/18/2009, -6/+15Well played, sir.
- stoanhart, on 05/18/2009, -0/+9To be fair, the 25% of the world's resource thing refers to the entire "developed" world, which is just over a billion people.
- ChuckDees, on 05/18/2009, -0/+8Oil futures speculation is the cause.
If you look into it, people who value futures really think a barrel of oil is only worth $20 right now.
The US is sitting on a huge reserve ( i think a billion barrels) and demand is at historic lows.
But..... Because the Dow went to 8500 from 6500 in two months giving the impression of a recovery. The speculators think they can drive up oil prices.
They are nothing but middle men thugs with a hand out getting profit from something they didn't create,advertise,ship or sell. - SamSks, on 05/18/2009, -0/+8I disagree.
Part of the reason for the gas/crude oil spikes last year was largely because of demand in China and India. The World's economy is pretty much tanked till the end of the Year. $3/gallon gas by July 4th? Maybe. But not $5 - at least not until 2010 - maybe.
That's something the "Drill Here Drill Now!" people don't understand: it's not just a supply problem. We have BILLIONS of people who want to live like we Americans. We're 300 million people who use 25% of the World's oil. So 1.2 billion people can live like us with our consumption. But there's 1.2 billion people just in China. Get it? Only 1.2 billion people can live like Americans. But there's 6.5 billion people on Earth.
There's no way we Americans can live like we are anymore. - vbullinger, on 05/18/2009, -1/+9I trust pretty much no one.
- gamerbambi, on 05/18/2009, -4/+11I blame hybrid automakers. Since gas prices went down below $3 a gallon, hybrid auto sales went down and these bastards were begging to bring the prices up to help them sale more hybrid vehicles. Do not buy Hybrids! Prove these bastards that Americans love gas-guzzling V8 engines.
- inactive, on 05/18/2009, -0/+7Updated State/County Map;
http://gasbuddy.com/gb_gastemperaturemap.aspx - robertisaar, on 05/18/2009, -0/+7the cost of solar power doesn't pay off for the inital investment for panels and installation for years. until it becomes a reasonable cost, its not likely to happen
- kalvinb, on 05/18/2009, -0/+7Where I live there used to be a single gas station in about a 10 miles radius. They charged 40 cents or more per gallon. Now a Fry's Marketplace opened up a couple miles down that charges about what everyone else does or a few cents less. There is no longer a gas station charging 40 cents per gallon more. They finally decided that maybe it would be a good idea not to gouge people. I still don't do business with them because of how they treated people before competition showed up.
If people don't waste gas and go to the cheapest station on their way to wherever it is to going, the price will drop. Or at least not rise as quickly. Part of the price of gas (like anything else) is how much people are willing to pay. - Chicory, on 05/18/2009, -2/+9However, those on whom sarcasm is lost may bury a good sarcastic post if it is not clearly indicated as sarcasm. Sad, but true.
- WhiskeyLemur, on 06/30/2009, -0/+7itsthemechanic - the issue isn't just the size of the country but also the fact that we have NO real public transportation infrastructure aside from some large cities. The problems are related.
Because the US has such large sparsely-inhabited stretches everywhere except the coastal areas, it makes little financial sense to extend existing infrastructures to these rural areas. The problem, of course, is that these areas are generally poor, which means that most of the people won't be able to afford to switch to a hybrid at the drop of a hat; they will be hit the hardest with gas price increases; and they are pitifully reliant on their cars for survival. First-hand experience speaking: in Oklahoma and Texas, you CANNOT get by without a car. If you don't have one, you're pretty much bumming off friends who *do.*
Even in the northeast, where the infrastructure *is* relatively well-developed, it's still nowhere near as extensive - or as affordable!!! - as it is in Europe. Yes, I *could* take a bus to my parents' house instead of driving - but it will cost me around $10-15 and will take two hours instead of 45 minutes. If the US ever really becomes committed to decreasing our demand on foreign fuel, it will have to make some heavy-duty investments into mass transit; the initial cost is beyond prohibitive (like it or not, the US is enormous compared to most European states) and that still doesn't solve the problem of what to do with the rural outposts.
That's not to say that we should do nothing, but you need to realize that the problem isn't as simple as many people tend to think. - inactive, on 05/18/2009, -3/+10Gas Tax, Beer Tax, Tobacco Tax, Soda Tax, Tax on the Tax Tax.
- potterboy, on 05/18/2009, -0/+6Right, so I drive a few thousand miles a month and have to completely fillup every other day (my old Mercedes diesel gets about 30mpg highway) so a small increase costs quite a bit more than $17.50 a month, in fact I spend a few hundred dollars a month on gas and spikes like last summer are death, in short we don't all just drive around town.
- pathouston22, on 05/18/2009, -3/+9And my state is bigger than most European countries. Comparison fail.
- Tenlow, on 05/18/2009, -1/+7I think he was referring to inflation. If gas went from 25 cents a gallon to $5 a gallon overnight, everyone would object. Nobody seems to be objecting over the fact that gas isn't 25 cents a gallon anymore, because it took 70 years to get there.
- yarcod, on 05/18/2009, -0/+6You can't trust anybody who tells you anything (Mainstream media) because they either don't understand it themselves or hide the truth for their corporate bosses.
Gas prices have very little to do with the actual supply/demand from consumers and mostly to do with the futures and derivatives markets. Credit is opening up again so idiot investors can drive up the prices again. Organized crime and corporations own Washington and the media. That's why you feel as if you can't trust anyone. You sure as hell can't trust your "elected" officials or your "news" outlets. - legolas68, on 05/18/2009, -0/+6Your knowledge of the economy is poor at best. How does the farmer work his fields and feed you without fossil fuel? Do you think your groceries are magically made in the back of the supermarket you frequent?
- Smokeydabear, on 05/18/2009, -1/+7Who knows, every freaking month there is a different situation where people speculate on gas prices. I don't think there is any hard and fast rule. They say stuff like oil production doesn't affect anything until months later. Who ***** knows anymore who to trust.
- stoanhart, on 05/18/2009, -0/+6@140
Explain how an onboard generator is ridiculous. When it runs, it's not worse than the gas powered cars you are so in favor of. When it's off (which is 90% if the time for most people), it uses no gas at all. You have no range limitations beyond that of a normal car.
How is a PHEV not better than a gas-only car in every possible way?
(and don't give my BS about coal power - a centralized power plant is still more efficient than an ICE, with the added benefit that any improvement in power generation technology is immediately passed down to all PHEVs). - daimposter, on 05/18/2009, -2/+8"his [obama's] only objection is that it went up quickly"???
That is not his 'only' objection to high gas cost last year. that sounds like the opinion of a closed minded person. Guess you didn't see this post:
http://digg.com/general_sciences/Are_You_Open_Mind ...
closed minded people tend to exaggerate and misrepresent someone else's position. rehearsing your own prejudices? - whiledo, on 05/18/2009, -1/+7They were sorry we started pre-ordering our torches and pitchforks. They realized they were bumping up against the limit where people start realizing the "we're not doing anything illegal" excuse stops working if you change the laws.
- BuzzFriendly, on 05/18/2009, -0/+6Gas for a long as I can remember goes up and down. But I don't recall such huge spikes when it does go up. It might go up a few cents at the beginning or summer then drop around the end of summer. But again never these huge spikes BEFORE the demand ACTUALLY occurred. I also seem to remember gas would go up AFTER a hurricane ACTUALLY hit a refinery. Now it goes up weeks or months in advance simply because there there might be a hurricane SOMEWHERE. It is nice to say alternatives and it will be nice when we get there BUT we aren't ANYWHERE near that time yet. So we pay!
- inactive, on 05/18/2009, -4/+10@whiledo
Look, as far as most Americans are concerned there is NOTHING that's good about $4/gal gas.
Also, this is not a new position for Democrats. John Kerry, Al Gore and others have been saying this for 10 years or more. They figure that if the little people had to pay more for gasoline, then the little people wouldn't drive so damn much. Goddamn citizens. - costumemaker, on 05/18/2009, -2/+8OPEC had almost nothing to do with it. It plummeted because the speculation bubble burst. It's raising because it's hard to teach an old dog new tricks.
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