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Old 12-10-2010, 12:54 PM
 
Location: Great State of Texas
86,093 posts, read 72,139,549 times
Reputation: 27563

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Quote:
Originally Posted by Jaggy001 View Post
What was it in July 2008?
Here's a chart but not at the detail you may be seeking.

U.S. Retail Gasoline Prices (http://www.eia.doe.gov/petroleum/data_publications/wrgp/mogas_home_page.html - broken link)

 
Old 12-10-2010, 12:54 PM
 
Location: Tennessee
34,540 posts, read 33,504,994 times
Reputation: 51588
Quote:
Originally Posted by Jaggy001 View Post
What was it in July 2008?
You got me. I only know it was $2.99 the day of our 2007 Christmas parade because the sign can be seen in my photo.
 
Old 12-10-2010, 12:55 PM
 
Location: Upstate
5,764 posts, read 6,525,200 times
Reputation: 4085
Quote:
Originally Posted by Jaggy001 View Post
What was it in July 2008?
Inflation Adjusted Gasoline Prices

Year Price
1958 $2.26
1968 $2.13
1978 $2.17
1988 $1.77
1998 $1.36
2008 $3.26
2010 $2.73
 
Old 12-10-2010, 12:57 PM
 
Location: Lewes, Delaware
3,466 posts, read 3,129,099 times
Reputation: 1876
Right now the demand for home heating oil (diesel) is rising, so is the demand for propane with alot of the country in record low temperatures. We (U.S) still get an influx of gasoline from Europe because Europe uses alot more diesel than we do, and to make diesel, most refineries make gasoline as well. Where I work we ship about 300,000 barrells a month of heating oil, in the winter to Great Britain and the rest of Europe, but we make our own gasoline.

Gasoline demand is still not even close to what it was during '06 and '07.
 
Old 12-10-2010, 01:04 PM
 
29,988 posts, read 37,018,754 times
Reputation: 12758
Quote:
Originally Posted by Jaggy001 View Post
The US cannot control the global price of oil. Not even OPEC can control it and they produce most of it. So you really cannot blame Obama (or Bush before him) for the price of gas. If you want to go after Obama at least find something that is his fault.

In 1999 I could still buy gas for less than $1/gallon. So, do we blame Bush for gas increasing by over 400%.? Or is this just a "bash Obama" session?
Name something Obama has done to ramp up the building of new oil refineries and oil production here. Go ahead.....

Unless of course you are suggesting that oil production and refining here in the US absolutely have no effect on the price of fuel.
 
Old 12-10-2010, 01:14 PM
 
Location: East Lansing, MI
8,689 posts, read 7,897,425 times
Reputation: 3678
Quote:
Originally Posted by HappyTexan View Post
People..the President of the United States cannot dictate what goes on in the stock market or the commodity markets no matter how hard you wish it were so.
You must spread reputation before giving it to HappyTexan again.
 
Old 12-10-2010, 01:17 PM
 
Location: Southern California
15,088 posts, read 17,471,595 times
Reputation: 10298
Quote:
Originally Posted by Metro Matt View Post
Anyone else notice this trend?

Before it was all Bush's fault. He was the oil hungry, blood thirsty war monger in the eyes of the liberals.

Now that Obama is in office no one talks about the outrageous price for a gallon of gas anymore.
Skyrocketing to $3.00? It has been above $3.00 in my area for a while now.

[shrug]
 
Old 12-10-2010, 01:18 PM
 
Location: Lewes, Delaware
3,466 posts, read 3,129,099 times
Reputation: 1876
Quote:
Originally Posted by lifelongMOgal View Post
Name something Obama has done to ramp up the building of new oil refineries and oil production here. Go ahead.....

Unless of course you are suggesting that oil production and refining here in the US absolutely have no effect on the price of fuel.
Two refineries in the northeast closed last year 11/09. One has been bought and is expected to be running by Spring of 2011. Its crazy that 4 years ago we didn't have enough refineries and last year we had too many.
 
Old 12-10-2010, 01:19 PM
 
Location: Sierra Vista, AZ
16,134 posts, read 20,728,671 times
Reputation: 8282
Quote:
Originally Posted by Metro Matt View Post
Anyone else notice this trend?

Before it was all Bush's fault. He was the oil hungry, blood thirsty war monger in the eyes of the liberals.

Now that Obama is in office no one talks about the outrageous price for a gallon of gas anymore.
Maybe it's just where you are, I just paid $2.65.
Maybe Obama liikes me better than you
 
Old 12-10-2010, 01:22 PM
 
Location: Northridge/Porter Ranch, Calif.
22,354 posts, read 27,446,820 times
Reputation: 6531
Quote:
Originally Posted by Jaggy001 View Post
Under Clinton, it was less than $1 a gallon
Under Reagan, it was less than 80 cents per gallon.
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