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Obama responsible for bringing $5 per gallon gasoline

Discussion in 'BBS Hangout: Debate & Discussion' started by bigtexxx, Feb 15, 2012.

  1. bigtexxx

    bigtexxx Contributing Member

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    $5 gasoline returns to Southland...

    How high will it go?

    http://losangeles.cbslocal.com/2013/02/18/5-gas-returns-to-southland/

    LOS ANGELES (CBSLA.com) — Gas prices in Southern California rose again on Monday, leaving some drivers paying over $5.00 per gallon.

    CBS2′s Amber Lee reports the average price of a gallon of gas in the Los Angeles-Long Beach area climbed for the 25th consecutive day to $4.29 – over 50 cents higher than last month, according to the Automobile Club of Southern California.

    One gas station in downtown Los Angeles was offering regular unleaded at $5.19 on Monday, prompting at least one potential customer to exit his vehicle, snap of a photo of the station’s prices – and then drive off in search of cheaper gas.

    Nationwide, the average price of gas jumped to $3.73 per gallon, while customers paid only $3.30 just one month ago.

    Orange County drivers are paying an average of $4.28 at the pump, while the price of gas in the Inland Empire has climbed to $4.24 per gallon.

    Drivers here in the Southland say they’re already feeling pinched.

    “I pay 75 bucks like three times a week to come to work,” said one woman. “You have to work to eat…if you don’t work, you don’t eat.”

    While gas prices typically rise beginning in March, KNX 1070′s John Brooks reports Marie Montgomery with Automobile Association of America said refinery maintenance issues have driven prices upward over the last few months.

    “It’s always a mystery,” Montgomery said. “This time of year though, it seems like now we’re in the second February in a row where we’re seeing a big spike in prices.”
     
  2. New Generation

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    If you have to fill up your gas at least 3 times a week to get to work, you should consider finding a new job.
     
  3. Refman

    Refman Contributing Member

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    This could hae something to do with refineries retooling for spring and summer blends, rising cost of oil and California's gas tax. All of these are not controlled by the President.
     
  4. Pringles

    Pringles Member

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    Gas shot up twenty cents within two weeks in Austin/Houston.

    Back to sixty dollar tanks. :(
     
  5. LonghornFan

    LonghornFan Contributing Member

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  6. Kyrodis

    Kyrodis Contributing Member

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    texxx, where exactly were you when gas prices were dropping a couple months ago...and several months before that?
     
  7. Haymitch

    Haymitch Custom Title
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    Which super easy to do. I always tell this to people who want another job or are unemployed: just get a closer/better/easier job, you dingus!
     
  8. LosPollosHermanos

    LosPollosHermanos Houston only fan
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    bigtexxx let me get this straight, you graduated with a business degree and still don't know what kind of impact speculators have on the oil prices?

    Do you want Obama to do something about that to make the country more "socialist?"
     
  9. Big MAK

    Big MAK Member

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    Quit feeding the troll.
     
  10. Air Langhi

    Air Langhi Contributing Member

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    Rice doesn't a business major for undergrad. So I wonder what kind of degree he got?
     
  11. Classic

    Classic Member

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    limiting commodity futures positions is now considered socialist? it was that way from 1937 to 1993/2000

    he had his first two years to pass any legislation he wanted or he could sign an executive order on it tomorrow if he wasn't working for the banks


    sigh
     
  12. Pharaoh King

    Pharaoh King Member

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    a month ago??? I just put gas for $3.25/g 10 days ago...and now it's $3.70 at the same gas station!!!! A month ago, I paid $2.89/g and thought it was reasonable (given that as a consumer the oil companies succeeded in creating a new norm for me, any thing less than $3/g and I consider myself getting a bargain!!)

    I have seen it go down and (mostly) go up before, but I have NEVER seen it spike so much so fast in such a short period of time. Funny too given that Obama was just touting "lower energy costs" to Americans given his awesome policies! I live within 12 miles of work, I have a midsize sedan that gets close to 23 miles/gallon...WTF else am I supposed to do?? Gas prices are still too high for me.
     
  13. RedRedemption

    RedRedemption Contributing Member

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    Business degree?
    High school economics within the first week tells you enough to realize that the president has very little control over gas prices.

    As long as idiots like BigTexxx keep perpetuating myths like these, it makes no difference what degree anyone ends up with.
     
  14. Classic

    Classic Member

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    You're so right yet so wrong.

    If this was an issue that the president wanted fixed he'd be campaigning on it like he has been on guns & healthcare. He's full of empty rhetoric on the issue.
     
  15. Invisible Fan

    Invisible Fan Contributing Member

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    I thought it was Bush?

    But who cares?

    < insert current President here > sucks!
     
  16. Major

    Major Member

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    Does he ever talk about the issue? For there to be empty rhetoric, there has to be rhetoric.

    Besides, why is it an "issue"? Gas is based on market prices. It's cost went down due to a financial collapse and drop in demand. Now the price has gone up due to a growing economy and demand. I don't recall Obama complaining about that.
     
  17. Refman

    Refman Contributing Member

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    It shot up like a rocket in the summer of 2008. I remember paying over $4 a gallon in League City at that time. McCain bore the brunt because of it...as he was portrayed as a Bush clone. The fact is that when gas prices go up like this, the person (or party) in power gets blamed.

    As long as the Middle East is as unstable as it has been over the last decade, we will see this kind of volatile oil pricing.
     
  18. peleincubus

    peleincubus Member

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    You people should be asking why Obama does not have a tax break on hummers like bush did if you had a business. That would be righteous.
     
  19. fchowd0311

    fchowd0311 Contributing Member

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    Its called speculative market brah. Stock Market is a future indicator of the economy. Stock Market = all time high = future indicator of people using more energy resources = gas prices go up.
     
  20. fchowd0311

    fchowd0311 Contributing Member

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    He can increase regulation on the speculation market and invest in clean energy(the only long term solutions to stabilizing gas prices).... O WAIT the very people b****ing about Obama not handling gas prices(Republicans) are against the only long term solutions.
     

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