start of quotation
Agency: Gas prices reach $2.28 per gallon
APR. 11 5:35 P.M. ET U.S. gasoline prices again soared to a record last
week, and average prices on the West Coast rose above the $2.50 a gallon
mark, the federal Energy Information Administration said Monday.
The nationwide average price of regular gasoline rose 6.3 cents to a
record $2.28 a gallon, according to the EIA, the statistics arm of the
U.S. Department of Energy. Prices on the West Coast, typically the
country's highest, shot up by 13 cents to $2.52.
The gains came even as futures prices fell 11 percent in New York over
the same period and followed an increase of 6.4 cents in the previous
week. Soaring prices have put pressure on consumers and raised concerns
about inflation, but they've yet to damp fuel demand, which is off to a
strong start for the year.
Operational problems and seasonal maintenance at refineries combined
with strong demand for fuel have sent refined product and crude oil
prices to historic highs -- gains only slightly dented by last week's
futures-market pullback.
Averaged across the country, gasoline prices are up 49.4 cents from a
year ago, the EIA reported.
Gasoline prices rose in every region of the country in the week ended
Monday. Prices were lowest on the Gulf Coast. But even there, the heart
of the U.S. refining industry, they averaged $2.184, up 4.3 cents on the
week and 52.1 cents on the year.
EIA's gasoline price survey is collected through a telephone sampling of
about 900 retail gasoline outlets.
Associate Press
Copyright 2005, by The Associated Press. All rights reserved. This
material may not be published, broadcast, rewritten or redistributed.
end of quotation
http://www.businessweek.com/ap/financialnews/D89DEREG0.htm?campaign_id=apn_home_down
Well maybe I should give the Repubs some credit--maybe it ain't just
bungling that's causing the price increases but plain ol' price gouging
by Repub oilmen cronies!
Listen up SUV owners! Time for gas rationing here in the USA!
****
Genius
They keep kicking your ass in elections. Thats doing great !
Poor wittle demmierats, they just keep losing elections.
> Operational problems and seasonal maintenance at refineries combined
> with strong demand for fuel have sent refined product and crude oil
> prices to historic highs -- gains only slightly dented by last week's
> futures-market pullback.
So, how do you blame this on the GOP, you moron..?
--
Larry J. - Remove spamtrap in ALLCAPS to e-mail
"If you take out the killings, Washington actually
has a very low crime rate."
- Marion Barry, mayor of Washington, D.C.
>APR. 11 5:35 P.M. ET U.S. gasoline prices again soared to a record last
>week, and average prices on the West Coast rose above the $2.50 a gallon
>mark, the federal Energy Information Administration said Monday.
that is what killed Carter. Even people who pay zero attention to the
news can help but notice the changes at the gas pump.
There is nothing you can do to bamboozle the people.
Bush crime family lost/embezzled $3 trillion from Pentagon.
Complicit Bush-friendly media keeps mum.
http://www.infowars.com/articles/us/mckinney_grills_rumsfeld.htm
--
Canadian Mind Products, Roedy Green.
See http://mindprod.com/iraq.html photos of Bush's war crimes
I remember that. The spike in fuel prices will trigger inflation, too,
just as it did during the Carter era (it hit eighteen percent back
then). One had better buy now, both wants and needs, before prices
rocket to the moon.
****
Genius
They keep cheating in elections. That's corruption, not greatness.
Gore won in 2000; Kerry won in 2004.
****
Genius
Poor White Pug-trash from Red States have destroyed America in 4 years.
There are plenty of working poor, though. No, they do not get a subsidy
check to pay for the price gouging of wealthy Republican oilmen.
****
Genius
And there is price gouging based on what evidence? I'm sure you have done
your research and present us with a detailed breakdown of costs to support
your accusation, right?
False.
>
> There are plenty of working poor, though. No, they do not get a subsidy
> check to pay for the price gouging of wealthy Republican oilmen.
What price gouging? Oil and gasoline prices are lower
in real terms than they were in 1981.
Nope, it's all 'welfare to work' which is really just another cheap
labor scam. There is no welfare at all in my state or in the
neighboring states. Welfare, in the sense you knew it, is dead; you are
talking about workfare:
http://www.infoplease.com/ipa/A0774474.html
And, that's just from 1993 to 2000.
Here are the poverty rate stats, too, FYI:
http://www.infoplease.com/ipa/A0104529.html
Perhaps you meant corporate welfare:
"Although his budget director once said it is "not the federal
government's role to subsidize, sometimes deeply subsidize, private
interests," President Bush has proposed only piddling cuts. Under his
leadership, the budget for corporate welfare has remained as high as
ever - about $87 billion a year, according to the Cato Institute in
Washington."
http://www.commondreams.org/views04/0716-07.htm
>
>>
>> There are plenty of working poor, though. No, they do not get a
>> subsidy check to pay for the price gouging of wealthy Republican oilmen.
>
>
> What price gouging?
You're joking, right? Do you think really think that the free market
operates on oil prices? That's like saying that boxing ain't fixed!
"Price-gouging Inquiries Target Enron Overcharges in California May
Exceed $40 Billion"
http://www.consumerwatchdog.org/utilities/nw/nw002279.php3
Fuel prices have doubled in just a couple of years--free market, my eye!
Enron is now dead; long live the new Enrons of today!
> Oil and gasoline prices are lower in real terms
> than they were in 1981.
Remember, the price increases of today have not yet peaked.
Wages have been stagnant in this country for a long time, so it is not
easy for workers to absorb added living costs of this kind:
start of quotation
Stagnant Wages
Since 1973, real average hourly earnings have declined more than
one-seventh. Even adding fringe benefits still results in remarkably
stagnant real hourly compensation that was only slightly higher in the
mid 1990s than it was in the early 1970s. [Burtless, 4] What a contrast
this is to the period between the Civil War and 1973, when real earnings
doubled about every 36 years! Real hourly compensation increased by more
than 2.5 percent per year from 1959 to 1973 in the nonfarm business
sector of America. [Michel et. al, 38] Had that rate persisted through
the 36-year period ending in 1995, it would have increased by over 150
percent over this period!
end of quotation
http://www.westga.edu/~bquest/1999/stag.html
****
Genius
A San Diegan ought to have memorized this by now:
"Price-gouging Inquiries Target Enron Overcharges in California May
Exceed $40 Billion"
http://www.consumerwatchdog.org/utilities/nw/nw002279.php3
New Enrons have stepped in to fill the price-gouger vacuum created when
the original Enron went bankrupt. Do you really believe that those
prices at your local gas station are determined by the free market???
If so, I've got a deal on a certain New York City bridge for you!
****
Genius
What's wrong, Hitler, can't blame it on the Mexicans?
Enron - wasn't that a Clinton-Gray Davis scandal? ROTFLMAO!!!
You call buying a home on only 5 % Mortgage rate as bad? What an inbred
Maggot shit.
Guess you would rather have 20 % mortgage rates like we did under Carter.
Oh thats right, you don't have a mortgage living in your sisters trailer.
Gee, with all the Billions Kerry has, he could sue if he believed your BS .
But he conceeded because he knew he lost.
You are another example of why you lose elections.
No. The period of time people can be on welfare doing
nothing has been limited. That's the change.
> There is no welfare at all in my state
That's a lie.
> or in the neighboring states.
That's another lie.
> Welfare, in the sense you knew it, is dead; you are
> talking about workfare:
No. It becomes "workfare" later, but initially, it's
welfare.
This is a distinction without a difference. It is a
good thing that there is no open-ended welfare. People
shouldn't be lifelong parasites. It is not the life
mission of productive people to provide goods and
services to parasites. You're going to have to accept
that.
>>>
>>> There are plenty of working poor, though. No, they do not get a
>>> subsidy check to pay for the price gouging of wealthy Republican oilmen.
>>
>>
>>
>> What price gouging?
>
>
> You're joking, right?
No.
>
> "Price-gouging Inquiries Target Enron Overcharges in California May
> Exceed $40 Billion"
Enron isn't an oil company.
> Fuel prices have doubled in just a couple of years--free market, my eye!
Price fluctuations are not indications of gouging.
"Gouging" is a normative term.
>
> Enron is now dead; long live the new Enrons of today!
>
>
>
>> Oil and gasoline prices are lower in real terms than they were in 1981.
>
>
> Remember, the price increases of today have not yet peaked.
As if you have a crystal ball or something.
Let me see your mortgage. Carter? He, he. I wonder what you would say
about Nixon's 20%?
No, it's a Bush / Cheney scandal, Idiot.
Bush has one hand tied but he has options. For one, Bush could spend a few
days in the Oval Office working for the American People instead of traipsing
around the World on perminent vacation, mugging for the cameras and
constantly campaigning.
Go research your timeline, if you're even capable of doing that much.
Obviously we pay the same amount per gallon. But I only have to fill
up my car's gas tank about once per month. That's because the liberal
Democratic city in which I live realized years ago that mass transit
was a good idea and invested heavily in it. Consequently, I can take
the bus to work and to virtually anywhere in town, for an average cost
of maybe 50 cents per day (many of the major bus routes are free). On
nice days, since our city has also put a great deal of effort into
making itself pedestrian-friendly, I can walk to work. I only need to
use my 38 mpg Honda Civic for trips out of town.
Meanwhile, those of my acquaintances who live in the suburbs -- most of
whom, coincidentally, lean Republican -- are dealing with 60-mile round
trip daily commutes in horrendous traffic and spending $50 once or
twice per week to refuel their 10 mpg SUVs. They're the ones who are
paying through the nose for the higher oil prices, not us urban
lefties.
Robert R.
"Robert R." <rober...@hotmail.com> wrote in message
news:1113396494.4...@o13g2000cwo.googlegroups.com...