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Gas....$2.69 a gallon. Congress? Obama? Anybody?

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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:11 PM
Original message
Gas....$2.69 a gallon. Congress? Obama? Anybody?
The oil companies are screwin' with us again.
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:12 PM
Response to Original message
1. .......

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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:12 PM
Response to Original message
2. You know it. K & R.
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HysteryDiagnosis Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:26 PM
Response to Original message
3. They have to save up to pay the taxes that are about to be levied upon
Edited on Thu May-28-09 05:26 PM by HysteryDiagnosis
them for offshore drilling.
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:47 PM
Response to Reply #3
10. Somehow the concept of 'saving' and oil companies doesn't add up.
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oldnslo Donating Member (222 posts) Send PM | Profile | Ignore Thu May-28-09 05:28 PM
Response to Original message
4. I guess a lot of people thought the last round of price increases
and eventual drop would be the end of the cycle forever. They traded in their old gashogs for newer, bigger ones, and now here it goes again.
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:46 PM
Response to Reply #4
8. Huh? Where are people buying ANY cars, let alone big cars.
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Pirate Smile Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:29 PM
Response to Original message
5. A few minutes ago - "Asked about what Obama would talk to Saudi Arabia’s King Abdullah about when
the two meet next week, Obama said, “I don't think it's in Saudi Arabia's interests to have a situation in which our economy is dependent — or disrupted constantly — by huge spike in energy prices.”

http://www.politico.com/politico44/wbarchive/whiteboard05282009.html
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:33 PM
Response to Original message
6. The man responsible is named Bernanke
Printing money = inflation

It takes a while to set in in domestic prices, but for imports - like oil - the effect is immediate.
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:50 PM
Response to Reply #6
11. Probably does contribute but I think it has more to do with the recent
regulations re: mpg for newer cars. They are like the Tobacco companies...they know their days, years are limited what with the new generation saying, no more!
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 06:01 PM
Response to Reply #11
14. Prices have been rising for longer than that proposal has been out
If you look at gasoline prices vs. the USD, you'll see a very close correlation. There's no magic formula here, we import oil, we pay in dollars; when those dollars are worth less we need more of them to buy the same amount of oil.
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 07:40 PM
Response to Reply #14
15. Well that's certainly true too. Lord, hard to know how truly sick this economy really is.
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lib2DaBone Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 10:46 PM
Response to Reply #14
29. ..If they brought our jobs home from China and Mexico.....
.... Sorry... I know that's such a crazy socialist idea... that America should MAKE THINGS and control their own economy.
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SlowDownFast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 01:37 PM
Response to Reply #6
24. Winner, winner, chicken dinner!
?s=NYBOT_DX&t=l&w=15&a=2&v=w
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RedCloud Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:43 PM
Response to Original message
7. Just tell them we are VERY angry with their terrorist price increases...
And don't forget to mention all the other prices that rose because of gas hikes should have fallen as well.

Since gas prices rise and fall collectively, is there a conspiracy afoot? I mean how can supply and demand be the same for EVERY oil company?
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:52 PM
Response to Reply #7
13. Down Serf! Stop thinking!
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frylock Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:47 PM
Response to Original message
9. would you rather have mccain/palin?!
$65 a barrel is a far sight better than $145 a barrel. i'd rather be paying $2.69 than $4.69. have i mentioned the mccain/palin thingy yet? it's hard work. he's busy. bush left a mess. blahblahblah...
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 05:51 PM
Response to Reply #9
12. Yeah...like none of us can smell the bullshit in this country.
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FirstLight Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-28-09 10:15 PM
Response to Original message
16. SheeeeiiiitttT! where do YOU live? $3.09 here and climbing
I live in a roadtrip destinantion town, and there are only a few places to gas up before driving off the mtn...

today:
2.89
2.99
3.09

:wtf:
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Hepburn Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 09:25 AM
Response to Reply #16
21. Wow and I thought SoCal, South Bay area, was bad! n/t
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 06:28 PM
Response to Reply #16
26. $2.75 today. Guess they thought we were having too much fun yesterday.
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TheWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 12:01 AM
Response to Original message
17. Silence Citizen!
Edited on Fri May-29-09 12:01 AM by TheWatcher
Don't you know there is a "Recovery" afoot?

You'll Take Your Crumbs And You'll Like It NOW MISTER!!!!!!!!!!!!
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digidigido Donating Member (553 posts) Send PM | Profile | Ignore Fri May-29-09 02:43 AM
Response to Original message
18. I suspect this time it's speculators as much or more then the Oil companies
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 06:28 PM
Response to Reply #18
25. That's what I read today. Today $2.75
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Wednesdays Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 08:46 AM
Response to Original message
19. K&R
:kick:
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IrateCitizen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 08:59 AM
Response to Original message
20. Hubbert's peak anyone?
If you think that current prices are getting high, just see what happens if/when any kind of economic "recovery" takes place.

Given the complete lack of investment into new oil infrastructure or exploration due to low oil prices, things will be WORSE when the next spike hits.

We've hit the "bumpy plateau" part of peak oil. Speculation at this point causes larger and larger spikes and troughs.

Get used to it -- it's the new normalcy. Cheap gasoline is not your birthright as an American.
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Pacifist Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 10:21 AM
Response to Reply #20
23. Why people think the price of a finite resource will stay low is beyond me.
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 06:29 PM
Response to Reply #23
27. Define "low"....I think the issue is more one of affordability.
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ClearPresentDanger Donating Member (139 posts) Send PM | Profile | Ignore Fri May-29-09 09:49 AM
Response to Original message
22. It's not their fault, they couldn't have predicted summer.
Every damn year the prices go up like they couldn't have predicted it.
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ProgressIn2008 Donating Member (848 posts) Send PM | Profile | Ignore Fri May-29-09 06:47 PM
Response to Original message
28. Why on earth would Congress or Obama care? nt
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MichiganVote Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-30-09 12:54 PM
Response to Reply #28
30. Short answer- the stimulus money will only go into the pockets of the oil companies.
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