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"There may not be a giant hike, but I do think eventually gas prices could return to record levels, maybe not in the next year or two...but it’s just a matter of time
Some time in the future we may see record highs in gas prices, who writes this garbage?
The Leftists are trying so hard to find something they can blame on Trump even before anything happens! It's just laughable. But we had some of the highest prices ever under Obama. Did they blame him? No, they did not. Strange, isn't it? That's because they liked Obama.
For those with the gas guzzlers- in FL we NOT drilling to meet you big needs-
And for those in Florida, the oil and gas industry IS NOT drilling in Florida because you have no oil or gas in place, to speak of.
Somebody in Florida saying "We're not drilling on your account" is about the same thing as a raving homeless mendicant standing on the street corner saying, "I WILL NOT give you $100 million."
Well, OK, bud...keep your hundred million smackers. Go head on with yo' bad self.
Still not getting it. Can't say I'm surprised though.
Me either...
I've been paying $2.00/gal for gas for the last three years and now someone tells me I need to panic because it might hit a three-year high which I assume will be $2.01/gal.
I'm more concerned with the $10/hr that I should be getting but I'm not getting.
The Leftists are trying so hard to find something they can blame on Trump even before anything happens! It's just laughable. But we had some of the highest prices ever under Obama. Did they blame him? No, they did not. Strange, isn't it? That's because they liked Obama.
And the Righties are so desperate to find some good news to credit to Trump, that they're citing the latest jobs report for Feb., even tho the Prez had only been in office about 10 days when Feb. began.
Same old, same old. *yawn* Another week on the Politics forum.
The Leftists are trying so hard to find something they can blame on Trump even before anything happens! It's just laughable. But we had some of the highest prices ever under Obama. Did they blame him? No, they did not. Strange, isn't it? That's because they liked Obama.
Exactly right. In 2009-2010, gasoline was averaging around $4.50/gallon, and was closer to $6.00/gallon in distant markets (Hawai'i, northern Oregon) and in the regulation-distorted market of California.
Drive-off gasoline theft became a nationwide epidemic, and there were several instances where fuel transports were hijacked. In at least one sad incident, the transport driver was killed by the hijackers.
That was the year where we found out how much the American consumer would (and would not pay) for gasoline. Turns out that price was roughly $4.50/gallon. If retailers had to sell gasoline at $5.00/gallon, a lot of their regular customers would simply refuse to buy the stuff.
2010 was the year that put the big lie to the erroneous notion that the Obama era was one of "cheap fuel for all." (As laughable as the very notion is.) For most of his administration, gas prices were above historical norms, but 2009-2010 was an exceptional spike, to be certain.
To be fair, none of this could have been addressed by Obama, either for good or ill. He did authorize a release of a limited amount of crude from the SPR, but since that crude is laced with salt due due to being stored in salt caverns, it is a feedstock of the absolute last resort for refiners. (Salt-laced crude is really hard on cat crackers and fractionation units.) Most of the crude oil released from the SPR in 2010 went unsold.
Where I live it was $2.31 a gallon in March. it's $2.19 today, first day of summer. So, even with our "it's summer let's gouge the heck out of the tourists" prices, another chicken little prediction misses its mark.
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