$5 A Gallon For Gas? It Could Happen In 2012

BALTIMORE (WJZ) — Five dollars a gallon for gas? Analysts say it could happen this year.

Monique Griego has more on why gas prices could soon explode.

Just this weekend, the president signed new sanctions against the country of Iran. Now, Iran is firing back with a threat that could send gas prices higher than ever.

Prices at the pump already have drivers in pain.

“I can barely afford it now,” said one driver.

“Three dollars a gallon…I mean, five dollars gets you what, a gallon and a half?” said another.

But if Iran follows through on a threat to shut down one of the world’s most important oil routes, analysts say prices here could skyrocket by summer.

“If it gets to $5, that would be hurting the pockets very bad,” said Paul Rozanski, Severna Park.

Threats of five dollars a gallon has Rozanski reconsidering his ride.

“I just like the SUV because of the wintertime, but definitely in the summertime, get another car. Get a Prius or something,” he said.

In just the past week, gas prices have gone up nearly seven cents and there is no sign of them coming down any time soon.

According to AAA, the average for a gallon of regular is $3.25, compared to $3.07 this time last year.

“Iran’s saber-rattling. I think that could have an impact,” said Pete Horrigan.

Horrigan, who’s with the Mid-Atlantic Petroleum Distributors’ Association, says he won’t go as far as five dollars a gallon, but does expect prices to go up.

“We certainly have enough issues going on in the world and in this country that it could certainly be higher,” he said. “We’ve been fortunate in this country because in European countries, they’ve been paying a lot more than that for a long time.”

Many drivers are now hoping that good fortune holds out.

The U.S. penalties against Iran don’t take effect for six months and even then, the president can waive them for national security reasons.

The European Union is also considering new oil sanctions against Iran.


One Comment

  1. Debbie says:

    And our leaders in MD are considering a gas tax hike. Typicall. They are out of touch and GREEDY . The first thought they have is raise taxes, Never cut spending.

    1. John Steele says:

      Here in the Workers Paradise of Kalifornia, Governor Moonbeam is still stuck in the 70;s and has 5 frickin ballot measures ready for November asking Kalifornian’s to tax themselves even higher. Sales Tax increases, ( it just went down ) Income tax on the so-called Rich, and increase taxes in general.. All this, while business flees this State to escape the never ending taxation,Enviro insanity regulations ( You can’t burn wood in a fireplace or it’s a $400 ticket , & Cap & Tax ) and a collapsing State economy. The jobs aren’t coming back to Kalifornia until the Democrats who have destroyed the state stop this insanity.

      1. David Sweet says:

        John, the Demos aren’t gonna stop until you the people, stop them…and by the makeup of your states voters, it looks like the dems are just getting started. The good news is, is that it won’t be long now until it all comes crashing down. Good Luck!

      2. NoMoreLies says:

        The jobs aren’t coming back to Kalifornia until the Democrats who have destroyed the state stop this insanity…. and that won’t happen because of the most generous welfare policy in the nation, and because the Dem dip-deep into the pockets of Kalifornia’s ENTITLED unions

      3. SirGareth says:

        I have no pity, you people put these fruit loops in office year after year. This is the state that the DemocRATS have controlled since I left it.

        You are the laughing stock of the nation. California is an asylum run by the inmates. The sane people left this state many years ago.

        We don’t want you leaving the mess you have made to bring your fruity ideas with you. We need to erect a fence to keep you people out of the rest of the country.

      4. Frank says:

        Don’t come crying to me. You idiots in Kalifornia vote this fool in. My God! What dos it take to make believers out of you people in Kalifornia? Everything you say is true but you people allow the politicians to continue increasing your taxes. I SAY TAKE TO THE STREETS AND THROW ALL DEMOCRATIC POLITICIANS OUT.

      5. GlockG20 says:

        Not all of us voted this moron in… and not all of us are supportive of the ridiculous laws and taxation nor are we supportive of the entitlement mentality. But sadly we are either outnumbered by the liberal morons OR not enough of us are stepping up to stop the idiocy.

      6. Big Bear says:

        @GlockG20: Moonbeam won the coastal counties. The rest of California rejected him overwhelmingly. That is why there need to be 2 Californias. The Peoples Republic along the coast and the Patriot Republic (which would be the mountains and the water supply the liberals need).

        What it will take it people standing up to the mentally ill liberals and their goons and engaging in a tax revolt. If they push…well…the first sound of gunfire, the liberals will be running, one hand holding onto their diaper.

      7. SuperGenius says:

        Sir Gareth, You forgot Michigan. More to the point, Detroit, which has been run by the Democrats since the 50’s. Detroit is #1 for everything including edging out Ch-Town for being the most corrupt.

      8. StaticKlingon says:

        When one looks at the yearly wildfires from a satellite in frigging outer space, you have to wonder about the logic of that whole ornamental-only fireplace idea.

      9. n8 says:

        You guys marginalizing the danger California presents and thinking it’s all their problem are failing to see the bigger picture. What do you think is happening in Europe right now? You think that can’t happen here? The Euro Zone is a collection of a couple-three dozen economies. Ours is a union of 50+. When California can no longer finance their entitlement state and keep up with interest payments, who do you think it is that will have to come to the rescue? The stimulus was already round 1 of an impending massive round of failed state bailouts. And jobs leaving California for other states is only a microcosm of jobs leaving our country for better climates. The weather can’t be your only asset.

    2. Leavingmdsoon says:

      I believe that DemoRATS here in MD also want to attach the state’s sales tax to gas besides increasing the per gallon tax! Never mind what Iran actions might do to the price of gas, the actions of the DemoRATS here in MD will easily reach the $5 mark.

      1. Raul says:

        Absolutely! WE have a obama clone in md for a governor! When will the people start losing their driving addiction just long enough to force these prices to where they should be? And then sometimes I dont think it would matter,they’re going to gouge us no matter what!

    3. jim says:

      How about we do what the Enegy department was created to do………find ways to make America energy independent!!
      Drill in Alaska – drill in the Gulf (Cuba and China are) build the Keystone pipeline already and we would not care about what Iran does or doesn’t do. American energy means American jobs and reliable resources available to us all.

      1. SerfCityHereWeCome says:

        That’s absolutely NOT what the Dept of Energy was created to do. Like the hilariously misnamed Dept of “Education” it’s nothing but a Depressioncrat Party money laundering operation to extract union dues from worthless unemployable deadbeats stealing between 5 and 20 times their worth in taxpayer dollars for their compensation to help enslave productive citizens with their own money.



    4. Ken says:

      That’s why we need Obama out. Obamacare will destroy us too! Ask Obama, “Why are you exempt from Obamacare?”. That tells it all!

    5. Conservtive NYer says:

      I’ve been looking forward to the collapse of the capital of the liberal entitlement mentality and overpaid unions and government employee state for years. From what I understand, with the exception of the privileged & guilt-ridden tv & movie stars, more and more taxpayers are leaving the state leaving fewer and fewer ‘producers’ to pay for the ‘Entitlees’ and illegal immigrants.
      Good luck in the upcoming riots when the entitlements come to an end due to lack of money!

      1. Big Bear says:

        Yeah, good luck. Those sorry altruistic libs will be screaming for the police and military (who they despise) to save their sorry arses when the gang-bangers come to plunder. Ultimately, they will be saved by those better men, whose sense of duty and honor will prevail.

        Hopefully, the trauma it causes the libs will fracture their psyches, and they can spend the rest of their lives in a quiet place drawing pictures of unicorns and flowers with their crayons.

      2. SerfCityHereWeCome says:

        Big Bear,
        Don’t be so sure they’ll be saved from the rioters; there’s no way I’m going to waste a single bullet protecting them from the consequences of their idiocy after the horrific damage it’s done to ALL of us.

    6. Frank says:

      Debbi, Please tell me I am wrong. Isn’t MD run by Democrats? Did you vote democratic in the last/any election? If so I say to hell with you. You got exactly what you voted for. When will you northeastern people learn about Democrats, they are a bunch of COMMUNISTS.

    7. blacknblue2 says:

      They live like kings and queens so the inflation doesn’t touch them. Maybe it is time they learn what it is like to feel the pain of inflation!

      1. SerfCityHereWeCome says:

        Nothing that a nice 25,000-year public sector pay freeze retroactive to 1925 can’t fix.

    8. Peter McDermott says:

      and yet we are selling gas overseas….hm… greed maybe…NAAA

    9. mr dud says:

      Don’t forget that the US is x-porting gas as we post.

      Also we have a lot of areas we could be drilling for gas.
      The democrats do not want to do this. WHY?
      Because like all welfare countries they want to have 100% control of what we are able to spend our money on.

      1. Lwin says:

        Minus a few snlplieg errors Brittany, good choice for a topic- I don’t drive myself, but based on the national prices and updates I receive via my celly, it doesn’t look good for motorists going into Spring (and it doesn’t help that I have friends who gripe alot about it ;9)I want to go with a point you made: it is full time we took ourselves off the life support of oil dependence. It seems like we catch a cold whenever the prices start to fluctuate away from the desired price levels. And how interesting is it that whenever plans are being made on a federal level to move us away from TOTAL oil dependency, we cry FOUL against big government. I for one would like to see a United States of America where whenever another country catches a cold, we don’t suffer from a fever in our pockets with sky-high prices for fuel (and I think the Western world and it’s oil dependent nations would concur on some levels).My solution? Go Greyhound, and indeed leave the driving to them. It makes for a longer trip, especially depending on your destination and comfort level with sharing spaces, but you do get to pinch the pennies and save a few extra dollars. Carpooling ain’t never hurt no one nor the environment either. Peace.

      2. Max says:

        No Gas day is being panned as an urban egnled; I have no concrete proof that it will work however, you don’t need to be the sharpest pencil in the box to realize that gas stations sell much more than just gas. They sell coffee and donuts and milk and bread and 500 other household items. Now it is true that if you don’t buy your gas on the 15th, that you will likely purchase more on the 16th, however if you need coffee on the way to work or a donut or a gallon of milk on the way home your local mini-mart will not be getting the sale and that does add up to millions of dollars everyday. That is why these companies got into the business in the first place; we pay for convienance. However if we are not stopping for gas, we are not going to pay a premium at BP to buy Tide or lunch meat. The solution to this problem is consistancy; if every American does this once a year I question how effective it will be; but if this could be staged on a monthly basis then oil companies will notice a tangible loss of profits and forseeable problems in the future. (please publish)

  2. R. OLynn says:

    And our governor wants to increase gas taxes in MD to 38.5c per gallon

    1. OMG says:

      Oh, but he raised $20M in donations to help other devilcrats get into office! Like we can afford that!

      How about using that fund raising “genius” to help the people in this state!!!!!

      1. Stu Cozza says:

        A politician’s job is not to help people; it is to help himself and others of his party to be elected and re-elected. While the politician will say he does things because he cares, all that is important to him is longevity in office.

  3. Brad says:

    i hate when people bring up Europe and their higher gas prices. The prices are higher yes, but they have a public transportation system that allows for citizens to get anywhere they want without having to use a car, so its really a moot point.

    1. Freeman says:

      I’m with you. What, are we suposed to fee guilty because they pay more for gas than we? Who could be so stupid as to fall for that line. Oh, yea, the left.

      1. Ronda Davis says:

        They buy oil on the world market just like all of us and at the same price.THE REASON THEY PAY MORE FOT GAS IS THEY TAX THE HELL OUT OF IT TO PAY FOR THEIR ENTITLEMENT PROGRAMS.

    2. Cowgirl Up says:

      And, their countries are the size of our smaller states…..

      1. rashid says:

        Ya, go over there and take a short train ride, about a buck a mile. Here, we fly for 10 cents a mile. America, come home, stop wasting blood and treasure.

      2. The Sage Waitress says:

        Thanks, Cowgirl. Great point. Most Europeans never drive the equivalent of Boise to Casper, or even Spokane to Seattle. Texas and the Dakotas need to secede from the Left Coast and the DC establishment. They can still be our trading partners, but they should be the ones paying $5 for gas, since they refuse to allow drilling here.

      3. Karola says:

        aegacrcutsiln on August 30, 2011 I like that I can bounce back (maybe not quickly, but definitely in a short time) from bad situations. My bf and I broke up after 7.5 years, and while i was so devastated, my mindset now has been more about taking this opportunity for new beginnings and that excites me and usually gets me out of my funk.

    3. rashid says:

      The high price is taxation, and public transportation is very expensive. We have it made in the USA, let’s make it better.

    4. Steve Hollar says:

      Also, their gas has a much higher tax on it. Also, along with the transportation system mentioned, most of the countries over there are smaller than our States.

    5. SNAKESRULE says:

      I agree Brad, and truthfully, I could give a damn about Europe excluding the UK. I care even less about “world opinion.” I’m an American, my country is superior, my culture is superior, my political system is superior etc. I’m dead serious lefties.

    6. Rich says:

      Maybe build better transit and get rid of the Might Take Awhile busses and do somethingm to encouage us to use public transit. Stop raising transit rates because of the gas costs and build some nuclear power plants might help as well. Stop trying to save all endangered creatures and move them to another area of the same climate. If not please watch the Lion King. Its called the circle of life.

  4. nugy says:

    gas for 5.00 and the usa just became a exporter of gas.

    1. chet says:

      Shoots a hole in the drill baby drill theory huh?

  5. J_Ruben_Kincaid says:

    Get Obama out of office and gas prices will come down.

    1. detex says:

      Love that logic!

      1. Hussein says:

        BHO is the one impeding our energy independence. His stated goal is to make gasoline prohibitively expensive to meet the left’s goal of demonizing fossil fuel.

        We are far from “peak” oil and have many years of oil available for reasonable use (if we drill) while we work on real fuel replacements.

        Send BHO back to Chicago in 2013!

  6. Uncle Ben says:

    The only reason gas prices are rising is because the FED is printing too much money and the value of the dollar is going down. Don’t be fooled by all the propaganda about Iran as this is just cover for the inflation Uncle Ben is causing.

    1. HML says:

      Exactly right, Uncle Ben, in the words of Obama himself, you ain’t seen nothing yet…………….

    2. seanster77 says:

      Almost half of the worlds oil comes throught the Strait of Hormuz. Oil is a commodity traded on the world market. It is the threat of a stop to the oil coming out of the area that has destablized the market.

      Granted the Fed is printing too much money I agree, but the cause is that the middle east oil is being held ransom by Iran.

      1. rashid says:

        Iran’s navy looks like a Key West fishing tournament, without the bow babes.

    3. OMG says:

      Uncle Ben, like e rice? or did you mean uncle Sam? LOL

      1. nate says:

        Ben Bernanke ;/

      2. SerfCityHereWeCome says:

        LOL, OMG indeed! Please tell me that you’re joking and really DO understand that Bernanke’s rampant counterfeiting to keep the stock market from cratering to zero and exposing Fearless Leader as utterly clueless is the only reason he’s polling above the teens.

    4. David Sweet says:

      While true, this is NOT the only reason gas is going up. Obama and his band of No-goods, with their anti-drilling, anti-jobs, anti-U.S./Pro European policies, have a little to do with it as well. People and their Politician saviors should move to Europe if they think it is so much better over there, and quit trying to change my country back into something that we escaped from over 200 years ago. I’ll keep my guns, oil, dollars, and freedom over here, and you all can keep the change!

    5. Mitra says:

      Hi Adiana,Thanks for reading and for the conmemt. I think that you and I are saying the same thing. No question that a price increase, regardless of the reason, will lead to a demand decrease. For the most part, if price goes up due to a tax increase or a war in the middle east, the effect on drivers’ costs of using their car relative to the cost of public transit increases, and so some demand reduction will occur. My post was meant to highlight the fact that a supply crunch and induced price increase is not necessarily a substitute for a carbon price in that it does not price in any new externalities, and is actually more likely to exacerbate external costs. The reality of most externalities tied to oil production is that they are tied to the use of energy or other expensive inputs (solvents, etc.) in production or to the cost of drilling in more remote and sensitive locations. The use of these inputs, or the costs of drilling in remote locations, becomes more bankable as the revenue to oil producers (and here I will explicitly separate it from the price, as you suggest) increases. The inspiration for the post was in watching the re-tweets and discussion around the Wikileaks cables regarding saudi oil reserves, and that there seemed to be a sense around the many environmental groups that I follow that this was good news. A global supply crunch induces new energy sources, but there is no built-in advantage or disadvantage for clean ones. Thanks again for reading,Andrew

  7. Dave in Kansas says:

    In Kansas City, gasoline was $1.32/gallon on Dec 31, 2008 – back when the evil oil men were in office.

    1. TBo says:

      It was 1.32 because the entire world financial system was in ruins.

      1. SNAKESRULE says:

        not like now hunh Tbo? The Obama miracle.

  8. Olly says:

    obama said prior to the 2008 elections that $5 gas is good for the country in order to push green ****. He is doing what he said he would do. Those of you that voted for this terd are getting what you asked for. The rest of us will try and endure another year of this dbag.

    1. Jeffrey M. Scott says:

      He couldn’t get “Cap and Trade” so now he’s doing it through his Czar’s and his veto power…..by the way your term should be TURD…..and that is correct in describing him and his administration!!

      1. Rabi says:

        bushball120 on October 20, 2011 i think there losuhd’ve been an i am legend game. could free roam the city and go through houses to find weapons, food, and medical equipment. online play could be like GTA4. im sure Will Smith would do it.

    2. Issac says:

      the real irony here is that $5 gas IS good for the country because it WILL tank the economy and this administration will be out on their @ss soon. I look at $5 gas as a small investment for my future and the future of this country.

    3. adam says:

      thank god someone else besides me remebers this … i very much believe he fast-tracked the Horizon well hoping it would fail so he could use it as a “teachable moment” to hammer home his green energy initiative. Of course – b/c he has zero clue about how the real world works, he funneled billions of taxpayer dollars into companies like Solyndra – except the tech isn’t ready b/c its still too expensive. The price of gas averaged $4 under Obama … $3 under Bush … that is a 33% tax on the middle class folks… and helps to prove that democrats care only about votes, not folks.

  9. Joe Doakes says:

    A few thoughts. One, as gasoline prices rise that allows the states to tax the “working class” without being blamed for it. Second, gasoline is a commodity whose price is constantly perturbed by government over regulation, the market is largely a spot one . . . the price at the terminal varies more often then you could imagine. Third, the station owners make nothing one a gallon of gasoline.

    Finally, the pain will continue until all of us are driving solar powered cars with the optional windmill attached. Of course we will have to pay extra for the windmill.

    Tell me again why we can’t drill for oil and build more cracking facilities?

  10. Jeffrey M. Scott says:

    Obama knows all of this and yet he stands in the way of the keystone pipeline…why? Is his left wing, lunatic Eco freak base more important than more than 120,000 GOOD PAYING AMERICAN JOBS?
    Maybe he just doesn’t understand what shovel ready really means because this project is the definition of that term unlike his foolish stimulus that did not create any shovel ready jobs!!

    1. Troy says:

      His shovel was the kind that empties the stalls in a barn. And it was already full of that which it was made to shovel.

    2. Justin Hoffman says:

      What’s funny is even with $5 gas it only makes sense to purchase a prius over say a camry because of subsidies. The math is simple, which is why the government needs to use subsidies to encourage families to make poor economic choices. Yay for government!

      1. guntownuncle says:

        The tax benefits for buying a Prius ran out back in 2007. I think you’re getting it confused with the Volt.

      2. SerfCityHereWeCome says:

        It’s to try to keep Fearless Leader from looking pathetically ridiculous after the Goobermint Motors giveaway to the UAW. Leftists CANNOT TOLERATE exposure of their idiocy– if it becomes common knowledge that all the cars sold by Obama Motors can be carried across town in a wet paper bag by a young child…

    3. davec says:

      Apparently he favors supporting these Islamist oil producing Nations? else why shut down OUR production?

      One can only see hypocrisy for so long and not start to get a clue

  11. Troy says:

    Europeans average salaries are higher too. You can’t compare the prices of gas in Europe to the USA because of that. Our economies are radically different.

    Why doesn’t the mainstream media ever compare it to the cost of gas in the Middle East or in other gas producing countries. The price in Iran is a subsidized 10 cents a gallon. The folks in Chavez’s country pay 30 cents a gallon.

    MSM, stop comparing apples to oranges. It’s disingenuous and ignorant.

    1. adam says:

      Or more importantly … look at Mexico, where 40% of our gasoline comes from (very few people realize that Mexico and Canada are the US’s #1 and #2 exporters of fuel … then us, then Venezuela … Also, go look up how many individual, non-transfereable gasoline specifications are required in the US … i’ll save you the time – 60 … x 2 b/c winter and summer blends are different. So we produce 120 different kinds of gasoline in this country – this costs an insane amount of money. And b/c it literally costs too much to build a new refinery, the last refinery built in the US was in the 1970s

    2. davec says:

      IM told that Brazil (/) uses mainly ETHANOL made from sugar cane. Cheap, clean, renewable, high octane, ideal fuel except for some cold weather starting problems in cold climates like the US.

      1. Newbern W Johnson says:

        Yes they do. But they have the climate to raise sugar cane over a large portion of the country and much of that land has come from cutting down rain forests. We in the US simply do not have the right kind of land available.

  12. NCman says:

    Here in NC gas taxes went up on 1/1/2012. Supposed to go to a highway fund, but the highway fund is redirected regularly to the general fund for all sorts of pet projects. When GW was in office, libs blamed gas prices on him being an “oil man in the White House.” I don’t hear a peep out of them now.

    1. davec says:

      …thats because they are lying hypocrites.

      How many Wars for Oil is OBAMA in right now? Or about to be in?

      Im losing count.

  13. Charles says:

    As the old saying goes: “You ain’t seen nothing yet”. When the Obama team starts to levy fines and place taxes on carbon emissions, after the election, the price of gasoline and electricity will likely double and then triple. That will bring about rationing of gas and electricity – just to make it fair.

  14. sb36695 says:

    WHAT?! But Obama said he wanted gas at $7 or $8 a gallon! Another promise broken…

  15. Phillip Stacy says:

    Said the same thing last year.

    1. Zul says:

      Bernie, tankhs for reading and for taking the time to make such extensive comments. I agree with your emphasis on the sentence regarding carbon prices that was the key for me as well. I am a very firm believer in carbon pricing. Not sure if you saw the RFF piece this week, but they are advocating for a global negotiation based around the price of carbon, which is a great concept. Otherwise, instead of having a discussion about the value of carbon (and thus about the value of carbon-free alternatives), you end up concentrating on who deserves more valuable emissions rights because of what they have (or have not) emitted in the past. I am not sure I would re-state my thesis as you have. I do think there are a lot of moving parts that you need to deal with, so simply assuming that a carbon price will lead to a decrease in emissions is too simplistic. I would, perhaps, restate it as there is always a carbon price which will generate emissions reductions, but the magnitude of that carbon price depends on both the value of carbon emissions in our society and how that value will evolve over time, but perhaps more importantly on the cost of substitution away from high-carbon fuels . I do find it amazing that the same groups who would often advocate for really high carbon prices seem to also advocate for the concept that emissions-free fuels will save us money, and are not more expensive. Those two ideas are fundamentally inconsistent. Thanks for reading!AJL

  16. MarvPDQ says:

    Rumour has it that a prominent Beverly Hills plastic surgeon is offering “furry” makeovers to selected Hollywood insiders.The unnamed doctor, sources say, is able to provide his rich-n-famous clientel with full body fur, working snouts, including full dentition, along with tails, horns, and even hooves, tall ears, claws, and scales in any combination the client may desire.It is said that certain well-known Hollywood big screen types who have “aged out” of their traditional “hunk” or sex-kitten” roles are already lining up at this mystery doctor’d doorstep to be made over into vampires, werewolves, dinosaurs, space aliens, etc. in the hope of extending their careers as dedicated “specialty role” technicians.

  17. Diego Roswell says:

    The POTUS has said for years that “gasoline prices will necessarily skyrocket”. Why would it come as a surprise to anyone? Driving is a privilege, not a right. Privileges are reserved for the elites. Get used to it. Ride the bus. The Democrats want you to ride the bus. So get on the bus.

  18. Diego Roswell says:

    The US military has the power to end any war started by Iran in a very short time, therefore, allowing the markets to recover quickly. However, this POTUS will not end any conflict started by Iran quickly, but rather he will make it last as long as it serves his needs. What are his needs? Re-election, power, and control.

    1. TheReoublic says:

      Diego…Iran is not Libya or some small unarmed village. I think you need a reality check! How long were we in Iraq?

      1. SNAKESRULE says:

        no, but close…plus a very young, restive population and a significant, persecuted, Arab Minority. They only have one operational oil refinery…net importer of gas which they subsidize…take it out and stand by…I would like a return to the days of the “Punitive military expedition.”

  19. KaChing says:

    Bring it on.. lets even go to 7 or 8 a gallon. Its what the sheeple deserve for electing Obama. Wont hurt me, I just wont drive very much.

    Until people realize socialism and social engineering don’t work, let them suffer the consequences. Go ahead, re-elect Obama again.. lol and pay the pummeling price at the pump.

    1. orlandocajun says:

      I agree that we must all suffer together for electing socialists. It’s too bad that we’re taking our kids and grand kids down with us.

  20. Jim says:

    I don’t care about the price of gasoline…I want more photos of Monique Griego.

    1. Troy says:

      Really Jim? Really? Our Constitution is being ignored by the person who swore (poorly) to uphold it and all you want is pictures of some blonde reporter? I hope this is a joke, as I suspect it is. The Internet is literally full of pictures of pretty women in various states of dress and undress, if thats what you want…

      1. davec says:

        Lighten up, JIm is observign that underneath that hot exterior is a lack of brains, or, brains turned to pudding from a Liberal indoctrination.

        This s**t isnt “reporting” its OPINION mongering, “Reporting” is based on some FACTS, theres nothing here but OPINION.

      2. troy says:

        Then he should say so, but he didn’t. Are you his spokesperson?

  21. Joey Tomeembo says:

    Would someone just hurry up and nuke Iran already!


  22. Jim Nicastro says:

    Well they will just have to stop exporting American Oil and withdraw from OpEC and start focusing on America and its own interests.

    Iran is full of Hot Air anyway and they are just trying to bolster the price of Crude.

    Their own actions will hurt them as much if not more than any other country and they know it.

    The Analysts and the commodities traders would love the price of oil to hike up, they need to see a return on their investments in crude.

    It’s all driven by greed and scaring people will push the price up, it will hurt the World Economy and Iran knows that, the rest of the Oil Producing nations know that and they rely on the world economy for their own economies and Iran will quietly back down.

    1. davec says:

      If “they” hate us so much, and the price of gas is so sensitive to crude supplies, they why dont THEY cut the supply off in a strategic move?

      Because they know it wont make any diff.

      Media Hystera.

  23. sandygirl says:

    After reading this slanted article I was heartened to read the comment section. Maybe people are finally getting it? The mainstream media slants the news to follow the regime’s “line”…to shape our behaviors so that it is inline with their “dream” of a perfect society. Perhaps there is still hope that enough of us have not been brainwashed….”1984″-style.

  24. MarkJ says:

    When or if gas hits $5 a gallon, stick a fork in Lord Obama’s presidency: it’ll be done.

  25. lee says:

    Thank you obumer for resisting the development of energy of every VIABLE source in this country! Thank you for working hard to shut down gulf and all off shore drilling. Thanks for attempting to shut down our coal industry. Thank you for fighting the pipeline from Canada. But even when you admitted during the campaign that energy costs would sky rocket under your plan, the FOOLS and IDIOTS still voted for you. Will they still be as brain dead the next time? Your fifth columnist friends must truly be proud!

  26. yoshi says:

    this is going to kill our economy again – and for what – Iraq will never use a nuclear weapon, the country would be annihilated and turned into glass in one day.

    1. yoshi says:

      i meant Iran – getting all these countries we are invading confused

    2. Jerry says:

      And guess what you can drill thru glass!!!

  27. yoshiknows says:

    i meant Iran

  28. peteo says:

    And the Keystone pipeline project was put on the back burner.Maybe a Democrat can explain that to the unemployed construction workers and over stretched consumer,who was stupid enough to over spend this last Christmas.

  29. Vince says:

    Oh, please. Does anyone notice that these “experts” have predicted $5 gas for the last three years? Should we hold our breath?

  30. Sifting the Rubble while the Left Cheers says:

    Obama will never engage in actions necessary to compell Iran to play well with others – after all, one muslim will not condemn another muslim. Greatly reducing border patrols, thwarting domestic energy production, overtly instigating class warfare, ceasing deportation of illegal aliens, etc., clearly shows Obama seeks to destroy America. One doesn’t have to analyze conspiracies theories or political strategies to see this; it’s a simply as “you will know them by their fruits.”

    The only hope if America is to survive: Get rid of Obama in 2012.

  31. Rick O'Shea says:

    Obammy has done everything he could do to sabotage the US economy with his economic and energy policies.

  32. MDWhite says:

    Stupid, counterproductive regulations and attitudes at both the federal and state levels have left this country almost irredeemably dependent on the whims and fancies of foreign oil producers. This is an outrage based on the natural resources this country possesses.

    It’s like starving to death in a supermarket.

  33. Tim Dearman says:

    And yet our tool of a President plays politics with the ability of the US to provide a greater degree of self-sufficiency with the Canadian pipeline and the development of a natural gas infrastructure.

    Meanwhile China drills off the coast of Cuba…

    And just why are the countries for whom we effectively provide security not paying for the protection IN FULL with a fair profit? Like the Saudis, Kuwaitis, IRAQ, and the European countries where we have bases, such as Germany? And on top of that we toss still more foreign aide into too many of the locations…

    I am not isolationist, but its time to redeploy our forces and to let other countries assume a greater role in their own security and economies.

    1. Bill says:

      We should start with Europe.

    2. Paulo says:

      Fair point. However, we are hinavg the same discussions now about the need for higher oil prices to drive substitutes as we have been hinavg for years. The key learning is that there is always substitution going on, and prices reflect the relative quality of the substitutes. I think it comes back to the reality that high oil prices do not necessarily drive the search for breakthroughs in low-emissions technologies they drive the search for oil and for good substitutes for oil. High gas prices did drive a lot of changes including a strong push for renewables, but they also drove horizontal drilling and fracturing technology because it was about creating an energy source that was a good substitute for $13/GJ conventional gas. $4/GJ shale gas is a great substitute for $13/GJ gas and can be used directly for electricity generation. Solar power, which Ontario tells me needs 42c/kWh to make money, amounts to the equivalent to about $55 dollar/GJ gas run through a power plant w 50% efficiency. So, the market was interested in replacing gas, and had no broad incentives for emissions-free or low-emissions techology, and so the cheaper substitute wins out and prices drop. My point was more that to ignore the fact that fossil fuel sources may be unlocked, that there may be technological progress in these industries and that this is at least as likely to happen in response to higher energy prices as is an emissions-free innovation. If you want emissions-free innovations, price emissions.

  34. MrObstat says:

    From the story:

    The U.S. penalties against Iran don’t take effect for six months and even then, the president can waive them for national security reasons.

    Yeah. Until after November 6, 2012 — national security reasons my ass.

    1. davec says:

      RT had some analyist on TV two days ago who said sanctions didnt work last time, they just toughed it out.

      More of Obamas warmongering in the works, ANOTHER OBAMA WAR FOR OIL coming right up

      All this from the Anti War Candidate Obama!

      Or, o-Boom-A ?

  35. Californian7 says:

    Keystone pipeline – cheap gas – not middle east related…..Mr. Obama’s response – NO Thanks……no one to blame except himself…….

  36. The truth be told - says:

    Auto manufacturers all over the world – except in the United States of America – are selling cars and trucks that run on natural gas. Ironically, the US is the ‘Saudi Arabia’ of natural gas – we have the world’s largest shale gas deposits. These reserves could fuel our transportation for the next century according to government and private geologists. The wacko environmental left that opposes any fossil fuel is fabricating scare stories that are eagerly published by liberal media such as the NYT, many conservative lawmakers are beholden to lobbyists from big oil interests or for the chemical industry (which likes super cheap nat gas). Obama realizes nat gas is cleaner than gasoline or diesel, that it would help prevent global warming, that is is cheap and that is here in the US. But he is blocking its usage through governmental agencies that prevent its recovery, and refuses to accelerate its adoption although he subsidizes electric cars (which burn coal for their electricity). We would not even need the Keystone pipeline – why buy oil from Canada when we have all the fuel we need in the lower 48 states? Most Americans have been kept in the dark – by both parties – Check out the Youtube video ‘Former CIA directorJim Woolsey Talks about OPEC’.


    1. davec says:

      No, whats “whacko” is this:

      “Auto manufacturers all over the world – except in the United States of America – are selling cars and trucks that run on natural gas.”

      Gross and false over-generalization proving you dont understand the problems of using NG for mass vehicle transportation…

      go get some education, Just because someone else somewhere else supposedly does somethign doesnt mean we can.

      NG has to either be cryogenically stored (dangerous and expensive) in the car, or a very small amount of NG vapor stored (vehicle range of a few hundreds of yards ) or very high pressure storage for very short range in miles, all of which are too dangerous for mass transportation

      But , conspiracy theorists liek you have nothing better to do but spout the latest theory, dont you?

      YOU, you stupid SOB, YOU be in the car when the compressed NG tank at 10,000 psi goes boom.

      You wouldnt live long..

      1. troy says:

        Not true, Davec. We have buses in ‘this’ country that run on it almost every major city and they are not exploding in fireballs.

      2. the truth be told - says:

        Your lot typically hurls insults when they cannot logically dispute the facts. As the other reply states succinctly, we have buses, cabs, UPS trucks and other fleet vehicles that run on compressed natural gas. They have been proven safer in collisions than gasoline or diesel powered vehicles. Liquefied natural gas is used for over-the-road 18-wheelers that required greater range and have the power to handle the weight of a refrigerated tank. Several major car manufacturers already sell cars that run on cng.

  37. LTG says:

    According to Obama’s former statements he is getting his wish for super high gas prices. Get rid of this guy before he takes us all down with him! (except he won’t go down. He’ll continue to take multi million dollar vacations anyway) You vote for this guy again and you will deserve what you get!

  38. Steve Hollar says:

    Oh come on. Enough of this nonsense. Let’s just sink Iran’s navy and be done with it. Believe me we would not be doing it alone. Saudi Arabia and many other middle east countries would join us in destroying the Iranians.

  39. Izzydunne says:

    Bush was a terrible President, but at least gas was $2.00 per gallon when he left office. Now, with Obama in the White House, gas is $4.00 per gallon. How do you folks like your hope and change?

  40. davec says:

    This is hysterical posing, price of gas has nothing to do with crude prices, as proven by the high prices over the last few years of the Obama Administration, with fluctuating crude prices.

    secondly, we get little oil from there, most of its from Canada and Brazil (?)

    More media hysteria and fearmongering.


  41. John says:

    We’re getting just what Blow-bama promised. He said he wanted prices to “skyrocket”. Thanks to the idiot liberals and independents, we’re getting the “rocket”.

  42. sleestack says:

    Rest assured, gas prices will not skyrocket this year. For if they do Obama will lose at least 1% of the vote for every dime they go up. Obama knows this. After the election I honestly believe he could care less how high they rise given all the love he has shown to both highly inefficient solar and wind production.

  43. Gerald Carter says:

    I believe this was predicted last year and it didn’t happen and you dopes are falling for it again. Must be a lot of republicians who post here.

  44. Ron Burgandy says:

    The game is rigged. Obama will tell us we need to buy a Volt. Then when federal tax revenue on gas goes down because of less consuption, they’ll say they need to raise the taxes. Vote Anybody But Obama. ABO

  45. Isaac Bickerstaff says:

    Can we please drill and frack for new oil and build pipelines to access the oil that is currently available?

    At what point do we realize that oil prices are high because the Democrat Party wants them that way?

  46. davec says:

    No credibility:

    ““Iran’s saber-rattling. I think that could have an impact,” said Pete Horrigan.”

    gas prices are not based on “I think”

    I think gas prices should go down, but they arent. Its based on commodities speculation and demand, mostly, we have plenty of supply.

    Anyone with any credibility would look for DATA to support a position, not just go around pretending to be Socrates with one hand on his chin and other thumb up his ass and basing the world on his OPINION.

    1. JustAGuy says:

      Here’s some DATA.

      Obama is President, therefore gas prices will rise.

    2. Troy says:

      Pete is probably a little more connected than you with the gas industry, hence ‘his’ I think has significantly more weight than ‘your’ I think. And yeah, prices move on industry and political leaders ‘I thinks’ all the time.

      1. SNAKESRULE says:

        which in no way disproves JustaGuy’s statement.

      2. Troy says:

        @Snakesrule, my statement was to Davec…

      3. SNAKESRULE says:


  47. JustAGuy says:

    Welcome to the Obama Economy.

    When Bush left office, gas was just under $2.00 per gallon, well, unless you lived in a Democrat paradise like Chicago, L.A. or New York. It was much higher there.

  48. Farmer Bob says:

    Five buck a gallon gas is a small enough price to pay to get people mad enough to vote for some serious change in the White House next year.

  49. Dennis K says:

    Obama has done zero to make this situation better, we have know for years that we are at the mercy of our enemies. Gas prices are a tax on every one. From poor to wealthy and every $ that goes to these countries could have stayed here if we had a real energy poliy and leadership. Drill here Drill now, and find alternatives for future, but this insane non-policy is stifling our potential and drainign us daily.

  50. David A says:

    Analysts predict that if gas goes to $5.00 dollars we won’t have to wait 10/13 months for obama to leave! He will be run out of town!

  51. Richard says:

    Oil companies are now EXPORTING USA refined gasoline to South America because they can make more money there. If this gasoline was sold in the USA, then our pump price would go down due to supply and demand. Where is the extensive coverage of this rip off of the American public? So if it’s going to be Drill Baby Drill!, then we need to stop the greedy oil companies from shipping the gas overseas!

    1. The Truth be Told - says:

      The US is also exporting liquefied natural gas to China and elsewhere where it is used to fuel power generation plants and transportation. So we ship LNG overseas to be used to fuel their transportation while importing crude oil to fuel our transportation. This is really stupid policy but that is the current state of affairs in Washington.

  52. Some Guy in PA says:

    And wait until the east coast feels the effects of three major refineries closing at Marcus Hook and Philadelphia, PA. Sceduled for June unless they are sold, but no one wants refineries that can’t be updated because of EPA restrictions.
    Couple thousand more workers will not be working thanks to over regulation.

  53. Michael says:

    I bet this news will have obama dancing in the oval office. He’s been advocating $5 a gallon gas since before he was elected by a bunch of morons. Now you don’t even have change in your pocket, change, what a bunch of Barbara Streisand (BS).

  54. TruthInSpending says:

    Five dollars per gallon? That’s all. Here’s my prognostication, as I peer into my cloudy crystal ball.

    If it reaches five dollars per gallon, O’bama’s toast. But if the prediction were higher, say seven or eight dollars per gallon and it doesn’t happen, he’ll be there to claim credit for his policies that he will claim prevented the price of gasoline from being much higher. It’s a version of the “jobs saved” ploy.

    It’s easy to make the claim and difficult to disprove it. It’s equally difficult to prove as well, but the media being what it is will call it a victory for “O”‘s leadership.

  55. manlyva says:

    Once again the rich will get richer, regardless of a shot being fired or not. You know, Iran did this in the earliy 80’s, in the 90’s, and now again. What makes anyone think that Iran is wanting to take on the US? Is there a possibility that Iran is doing this on purpose just to raise the price of oil? Why do we even give into these idiots (and our less than capable government)???

  56. Leo says:

    How can they justify raiseing there prices when the news reported that for the first time in history gas and fuel oil were the bigest export for the USA. There makeing billions in profits while putting on a poor mouth. WE need help they need to be regulated befor they put us into a depression.

  57. Craven Poll says:

    You people need to buy more guns and lots of ammo

  58. Kenneth Glenn Koons says:

    Why would any American vote for Obama and any of his Dem socialist minions in the House and Senate after seeing the Keystone fiasco and the fact that he will not allow use of our own huge domestic energy resources that will last for hundreds of years??? Jobs would be create, there would be no $5 gas pump prices, seniors would have heating oil in the winter without starving to pay for it and our military would have plenty of energy to face our international enemies that Obama does not even think are our enemies: Iran, the Islamofascists, the Arab Spring nations,China, Russia and N. Korea.

  59. Joe E in the IE says:

    Gasoline will never be so expensive that drivers will even consider slowing down to 75 miles an hour to conserve it.

  60. Pooby says:

    (Insert standard angry Republican, blame it on Obama, forget the horrible things Bush did to our economy and deficit comment)

    1. Mike0oSS says:

      This is Obamas economy….Got his fingerprints all over it

    2. SNAKESRULE says:

      At what point do we get to rightfully blame this loser? Its been 3 years. THREE. YEARS. What say you Ms Poovey?

  61. rawheadrex says:

    But Pres. Obama has promised a decision on the Keystone Pipeline after the election and he will almost certainly lift his moratoria on drilling in the Gulf and continental sites.
    Could I interest you in some ocean front property in Florida, or a nice bridge in Brooklyn?

  62. Tbo says:

    we will not have $5 gas without an all-out war. The demand just comes out too quickly now when gas approaches $4.

  63. Your Neighbor says:

    Obama, Good Bye, Aeus, Arrivederci, Auf Wiedersehen, Vaarwel, Au Revoir, because this was a campaign promise of yours.

    1. Hopeless says:

      Ob*ma doesn’t care about his popularity, because he has already rigged the election. There’s a story today that his government is expediting visa requests without background checks.

      Arizona State Senate President Russell Pearce, an “arch-conservative” as the mainstream media calls him, was ousted in a recall election in Phoenix in a district that is hugely Mormon, white and conservative.

      If Ob*ma can fix that election, he can fix ANY precinct. Gasoline will be $6/gallon nationwide, Ob*ma’s popularity will plummet to the teens or single digits, and somehow he will be reelected overwhelmingly.

  64. Mike says:

    I live in CA, and can tell you the situation is hopeless. When you look at the groups that vote overwhelmingly Democratic, it’s easy to see why. Hollywood stars (and their brain-dead followers), gays, union members, minorites of all stripes, illegals (yes, some vote), welfare recipients, lawyers, service workers, government employees, the anti-war, the anti-rich, the dead, and probably others I can’t recall- it’s a lost cause. I think that leaves about six of us, most who have posted here.

    1. Gov. Brewer says:

      Bring your conservative values, wealth, jobs, and work ethic to Phoenix. We’ll treat you better.

  65. Mike0oSS says:

    This will lead to civil unrest. Regardless of the cause. Regardless of the consequences. Regardless of who is in control.

    1. Kim Baya says:

      But it is precisely WHO is in control (Ob*ma) that is causing all of the problems.

      There is a story that a record number of Americans bought firearms in December. You’re not alone in your thoughts. Hope you’re as well prepared. Peace.

      1. Bhargav says:

        wewacian on October 25, 2011 Come on, boy. Hold on to that hat! Run forit, boy! Run sirtaght home and don’t stop ’til you getthere!

  66. GlockG20 says:

    This is but one more step in destroying our economy to the point we can’t fight back and big government will step in and save the day. With the economy already on the ropes, Americans losing jobs and homes and budgets being cut for wages (except those damn Union folks… whom are a large part of why our jobs are moving overseas) this is just one more nail designed to strangle the American citizen into submission.

    1. Ethan Allen says:

      And Ob*ma signed something called the NDAA, some defense bill, that allows him to have people arrested at any time without reason.


      (change the hxxp above to http to view article: no active links allowed).

      1. Meagan says:

        But I love the British hsority sooooo much after that of Italy’s. I so love Elizabeth I although I loathe her father. Hehehe.Nonetheless, yeah, I’d say they’re aloof with much of Europe but it’s what makes them stand out, economic-wise, especially. Look at London now, it’s fighting neck-to-neck with NYC as the economic capital of the world.Also, they started the Industrial Revolution, they took a rather big part in the Renaissance period and the two Great Wars and much, much other events that made hsority what it is that we read now.Hindi naman masyado obvious na nasa British side ako di ba? For Poland, a priest was raising the Rainbow Flag. I love this. Hahahaha

  67. karl Mast says:

    If gasoline costs $5 or more per gallon, it means that Ob*ma doesn’t even care about pretending to care about the middle class and that he has already rigged the elections.

  68. Eric says:

    Gas prices in Utah have been dropping like a rock in recent weeks.

  69. John C says:

    Gas prices rising to five dollars or more per gallon in 2012 would be as likely if Obama hadn’t shut down America’s production of petroleum, coal, and rejected/postponed approval of the Keystone oil pipeline from Canada.

    1. JeffJ says:

      Care to explain your rationale for that assertion?

      Obama has done all this to restrict our domestic supply of fuel: block the pipeline, block drilling (while allowing Brazil to drill in the same place), block drilling on public lands. He sponsored political instability in the middle east. He is now trying to shut down the coal industry, which is half our supply of electrical power.

  70. Robert G says:

    If you voted for Obama you have no right to complain about high gas prices. Remember that Obama said that $7 gas would be a good thing. So if you want lower gas prices vote Obama out of office.

  71. GEORGE SOROS says:

    $5 gas!!!! Awesome! Our plan is working. No pipelines, stop offshore drilling, stop onshore drilling, DESTROY THE COAL INDUSTRY. Blather some crud about “renewable” energy and hand BILLIONS to some phoney “green” Demonrat controlled companies!!!!!!! Our plan to destroy America is coming along nicely

  72. Stoner says:

    Some people have the vocabulary to sum up things in a way that you can quickly understand them. This quote came from the Czech Republic.
    Someone over there has it figured out. It was translated into English from an article in the Prague newspaper Prager Zeitungon on 04.28.2010.

    “The danger to America is not Barack Obama, but a citizenry capable of entrusting a man like him with the Presidency. It will be far easier to limit and undo the follies of an Obama presidency than to restore the necessary common sense and good judgment to a depraved electorate willing to have such a man for their president. The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails America. Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince.The Republic can survive a Barack Obama, who is, after all, merely a fool. It is less likely to survive a multitude of fools, such as those who made him their president.”

  73. stupidity says:

    we dont even get 1/10th of our fuel from that country. why does their obama-like speaking do anything anymore. nothing, unless you get liberal media zealots

  74. David says:

    All is Well All is Well

  75. Steve Wilson says:

    What a bunch of Republican Crazies. The price of gasoline has been inching up for 40 years. Up by 2 down by 1. It’s been proven over that time that the “price of oil” is not the controlling factor. The profits of the oil companies are the real controlling factor and they are protected by Republicans. In fact, the government subsidizes those profits and the Republicans have fought hard to protect that subsidy. Only the Democrats have tried to rein in Big Oil. While we are on the subject, NO REPUBLICAN ECONOMIC PLAN HAS EVER WORKED OR HELPED THE MIDDLE CLASS. Stop believing the GOP BS.

    1. Rod Rangle says:

      What a bunch of ridiculous lies. Maybe you’d like to explain how Obama and the Democrats tripling Bush’s old record budget deficit is a good thing?

    2. dgpgrove says:

      That is total garbage. The government takes more in taxes than they make. Oil is a commodity that has to obey market forces. Supply/Demand. If OPEC reduces supply, prices go up. Nothing, short of drilling more here, will keep that from happening. Government is the worst thing for low prices and stability that exists.

  76. BlogMagog says:

    Alternative fuel does not exist in the US. $5 a gallon will send millions into unemployment and put us into a depression. Thanks EPA and DC. You were looking out for us. Watch all those small business doors closing. Nice energy plan you gave us.

  77. dwayne says:

    Oilsands and Keystone. Need I say more?

  78. Steve in Cleveland Ohio says:

    Did this bubble-headed beach blond also read the news from Saudi Arabia? They reported that any disruption in oil production would be made up by the Saudis. Oil prices plummeted on the news. Get some more facts, honey. Stick to the fluff stories.

  79. Hope and Change says:

    Only important people like government employees and the police should drive.

    Workers should take public transit, bicycle or walk.

    OBAMA 2012!!!

  80. Dan Welch says:

    Way to go all you evvironmentalist’s and you Obama supporters. How do you like the high gas prices? How is your life style with food and energy prices doubling in the last 5 years and now going up another 25%? How far does your dollar go now?

  81. Waaaaah!!! says:

    Aren’t we now exporting gasoline because our state of the art refineries are super efficient? If that is the case, stop exporting and keep the damn gas in the country. Another article by speculators to keep the price of gas high. I say we charge a 50% tax on the capital gains made by speculatiors and you’ll see how fast gas proces fall.

  82. rosietheterrorist says:

    Hussein Obama said before he was elected, “I have no problem with gasoline going to $5 a gallon, just so it doesn’t do it too fast” (meaning spike like it did last year).
    There’s no justification for not allowing the new Keystone X pipeline (there’s already other pipelines dotting the landscape) except Hussein Obama doesn’t want it. Ahem, what happens if one of those oil tankers traveling 8,000 miles springs a leak on the Atlantic seaboard? How does that compare with a leak that occurs over land in the middle of the country?
    Electing Liberals has consequences. And a President who uses the EPA as a weapon against creating jobs (20,000 immediately with the new pipeline) is despicable. Ancillary employment would be in the hundreds of thousands. The same way with ANWR – the drilling up there woould be on less than 100 acres out of Alaska’s millions, it’s absurd.
    You Liberals asked for Obama, and so you have no right to complain about gasoline going to $5 or even $6 a gallon.

  83. dgpgrove says:

    $5 gas will a People won’t stand for it.

  84. dgpgrove says:

    $5 gas will assure an Obama defeat in 2012. People wont stand for it because it will devastate the economy.

    1. GOPDEATH says:

      People, well the smarter ones, know that oil companies set their own prices not the president.

  85. Ath says:

    $5 gas would crush the economy and push inflation up on consumer goods and necessities. Good thing obama crippled the coal industry, extended the moratorium on drilling in shallow waters, refuses to open the alaska drilling sites, has promised to kill the nebraska pipeline, gave $500 million to Solyndra to waste and then go bankrupt, wont spur on construction of nucular power plants, and has allowed iran to chase us out of the persian gulf. But, western europeans like us now. So, thats good.

  86. Sam says:

    All this drilling and temporary means to raise production will delay the inevitable by a few years. Republicans are not willing to fund any programs that will make us self-sufficient from oil. It is the same old panacea of cutting taxes and let market forces control the price of oil. As long as demand keeps increasing (the rest of the developing world) and supplies are dwindling, the oil producers and refiners will have us where they want us. Cons are too stupid to realize that they are being had. Enjoy the ride as oil goes up to $10/gallon as the Middle East explodes. All the gas from Canada and offshore drilling will do no good when oil production is squeezed in those regions. I shall enjoy my EV. Good luck losers!

  87. Sactoboi says:

    Um… what about the corporations that have outsourced US jobs to 3rd world countries, which decimates the tax base in the US? Without work in the US, there is less purchasing, so the corporations raise their retail prices on those who still have jobs and are having a much tougher time paying bills, buying food… the underlying cause of this is the velvet fascism taking hold in this country. Blame yourselves for not paying attention to the fools you elect. Stop watching the “Housewives of ?”, American Idol, anything Kardashian, Fox News, CNN… pick up a newspaper and read.

  88. GOPDEATH says:

    Why are we still subsidizing record profit making oil companies that are currently EXPORTING record amounts of gasoline to keep prices inflated?

  89. the mechanic says:

    All politics is local & all parties are corrupt. Until we have true campaign reform where big companies can’t elect a candidate, we will have this mess. I don’t trust the Dems or Repugs. & the Tea party good intentions are thinly veiled. They are mad dogs & christian extremeists.

    1. Artem says:

      Hi Surdas, thanks for danrieg and taking the time to comment. I have to disagree with your contention that we are not going to find ways of extracting oil or gas at lower costs than conventional. Natural gas disproves that entirely. The line between conventional and unconventional is a moving target, but shale and tight gas are unconventional by almost anyone’s definition. The cost of gas out of shale wells in Alberta and elsewhere is far cheaper than out of conventional wells in the same jurisdictions. In fact, you do see people shutting-in conventional production while unconventional production expands. I do agree that we are unlikely to discover giant conventional fields. Importantly, high oil prices don’t drive people to seek out low GHG energy they drive people to seek out oil or a good substitute. Some of those might be low-GHG sources, but only high GHG prices will create a preference for low-GHG oil substitutes over high GHG ones.The thought process I am trying to drive here is not to think about oil prices as purely a force which acts on the demand side, and to also think of prices as a consequence of the interaction of supply and demand, not a driver for supply or demand. For example, you argue that low oil prices will drive lower investment in renewable energy this is certainly true in a vacuum, but I would push you one step further and ask you why oil prices are low? Suppose that there is a breakthrough on par with horizontal drilling and fracking that leads to massive cost reductions in next gen biofuels. The availability of a cheap substitute for oil would drive down the price of oil, and rather than that driving down investment in the renewable energy source, it would be because of the investment (and breakthrough) in the renewable energy source. I think it’s tempting to think of oil sands and renewable fuels as fundamentally different because of their environmental footprint. Unfortunately, in the absence of pricing policies on those environmental attributes, the race is simply to provide energy to the market which is signaling value through the price. Whether the ramp up is slow or fast, the technology which can best do this will be the one which is adopted the fastest. thanks again for danrieg.

  90. adraine says:

    Tell me when OBAMA is out of office and some other p^%$# is in office and thi ngs dont change than what happens will you be hard on him as you were on PRESIDENT OBAMA. Remeber GEORGE BUSH messed this country up for 8 YRS!!!!!!!!!!!!!!!!!!.

    1. Hussein says:

      It will be decades before we are able to recover from the destruction purposely perpetrated by BHO.

    2. SuperGenius says:

      What were the gas prices in 2008? $1.80? Besides the economy was hosed when Bush took office and it was hosed when Obama took office, and next year, someone else will inherit a hosed economy.

  91. Marty says:

    I thought I heard a couple of weeks back that oil companies were exporting refined gas to other countries because gas usage in the U.S. has been flat for a few quarters.

  92. MD_Moderate says:

    The US continues to refuse to invest in alternative energy because the politicians are all in the pocket of Big Oil. So until we break that connection, expect to deal with fluctuating oil & gas prices. And all you folks blaming Obama are spending too much time listening to right wing radio. Gas was over $4 a gallon at times during the GW Bush years too. Overall federal taxes are lower today than during the Bush years. We are finally getting out of stupid foreign wars that started during the Bush years. Are those all wrong? Current and future US autos will use less gasoline than ever – because of something the Obama administration pushed through against strong GOP opposition. So stop blaming someone because some talking head told you to. Learn the facts and get involved in finding a solution we can all live with – especially our children and grandchildren.

    1. Ann says:

      I completely agree and understand where you are coming from, but what IS the solution? We can sit and talk about it all day on this website, but what is going to happen to this nation if gas keeps going up? I guarantee that it will be the downfall of this country.

  93. Pretty Foot says:

    IIt is already $5 a gallon in Windsor, Ontario (just 1 mile across the river from Detroit). Note 3.78 liters = 1 US gallon

    1. Deixon says:

      MyFreeProductSamples on September 25, 2011 @myabigail100 Hey, I got a dry smhopao, a smhopao, and a conditioner. I did get them all at Target but in two shopping trips. Yes, I had to pay tax on them. Do you mean Target has a policy on only 2 free products/person or the Suave coupon does? I did the Suave video twice. Once at my home computer and once on my laptop. So the first time, I got a coupon for 1 free product and the second time I got a coupon for 2 free products. I hope I answered your questions

  94. ledhead says:

    five bucks a gallon,means depression,,not for america,,for obama in november!

  95. Gasoline-Union says:

    Yes it can and will reach 5 dollars per gallon unless we stand together….
    We can fight back with unity. Come join the gasoline union…

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