Aren't Gas Prices High Enough?

Cade Is Here

Troll Magnet
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Apparently not high enough to wean you off that oil teat.
 
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if gas prices were high enough they wouldn't still be going up--, would they???
 
Apparently not high enough to wean you off that oil teat.

An American conservative is a person who thinks it is the Federal governments responsibility to maintain his comfortable lifestyle, while complaining if it maintains anyone else at the bare minimum.
 
Another thread where the OP wants to blame this president for something that he has no control of. Blame the greedy gas traders on Wall Street if you need to place blame.
 
Another thread where the OP wants to blame this president for something that he has no control of. Blame the greedy gas traders on Wall Street if you need to place blame.

It's actually a blatant lie.

Reuters January 2008


"Gasoline demand is in its traditional winter hibernation and when it wakes up, rising demand meeting depressed industry profit margins will cause a hike at the pump," Lundberg said.

At the current $2.98 a gallon, retail gasoline is 79.23 cents more expensive than it was a year ago.

Honolulu, Hawaii, had the highest average price per gallon at $3.35 for self-serve, regular gas in the nation, while Tulsa, Oklahoma, had the lowest at $2.70 a gallon.
 



Seek truth from facts
-Mao Zedong (f/k/a Mao Tse-tung)​



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ch.gaschart


ch.gaschart


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GasBuddy
 
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Another thread where the OP wants to blame this president for something that he has no control of. Blame the greedy gas traders on Wall Street if you need to place blame.





People who argue that speculation is generally destabilizing seldom realize that this is largely equivalent to saying that speculators lose money, since speculation can be destabilizing in general only if speculators on the average sell when the currency is low in price and buy when it is high.
-Milton Friedman​



In other words, trading should drive market prices toward equilibrium because successful traders— the only ones who will survive— must “buck the trend" by buying cheap while selling dear.


This is a fundamental aspect of the structure of commodity markets that the punditry do not comprehend. Everytime I hear the blabberati blaming high prices on "speculators," it's immediately obvious that they don't have a clue what they're talking about.


It is, of course, astounding for anyone in the media to remark upon a decline in petroleum prices. 99 and 44/100ths percent of the time, the only thing you hear is whining about rising prices.



 







In other words, trading should drive market prices toward equilibrium because successful traders— the only ones who will survive— must “buck the trend" by buying cheap while selling dear.


This is a fundamental aspect of the structure of commodity markets that the punditry do not comprehend. Everytime I hear the blabberati blaming high prices on "speculators," it's immediately obvious that they don't have a clue what they're talking about.


It is, of course, astounding for anyone in the media to remark upon a decline in petroleum prices. 99 and 44/100ths percent of the time, the only thing you hear is whining about rising prices.



Yeah, good news (or real information) just doesn't sell as well as gloom, misery and sensationalism,

It's all about the advertising revenue.
 
Once they get high enough all the cheap fuckers will stop driving and there will be more room on the roads
 
Another thread where the OP wants to blame this president for something that he has no control of. Blame the greedy gas traders on Wall Street if you need to place blame.

Are you one of those people that think everything is still all Bush's fault and Obama is perfect?
 
Why isn't gasoline the same price as when demand for it was crashing during the recession?

WHY???
 
Are you one of those people that think everything is still all Bush's fault and Obama is perfect?

Are you one of those people who believes gas was $1.84 in 2008?

This is pretty stupid, even by your standards.
 
Are you one of those people that think everything is still all Bush's fault and Obama is perfect?

No that's called reality.

Presidents can do very little to actually affect the price of gas.

Despite what pro-business people say speculation has a lot to do with gas prices. This is just a free-market trick pro-business people preach while their banker buddies are busy manipulating LIBOR.
 
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