Comments on: What Is The Real Reason Gas Prices Are So High?

By: SHANE ALGARIN

SHANE ALGARIN — Wed, 10 Sep 2008 06:32:54 +0000

It’s well past the time for the Democrats and Republicans to grow a spine and win back our respect. They can be much more persuasive with honesty, rather than deception. The offshore drilling ban has been around for decades. High gas prices have not. A ban on offshore drilling is not a significant explanation for high gas prices.
The top reasons for high gas prices:

1. Lack of competition translates into paying more at the pump.(Exxon merges with Mobil, ChevronTexaco, BPArco, etc )

2. Were the diplomatic skills of this administration up to par, oil prices would be far more stable. Invading Iraq has only brought instability. Angering Russia by placing our military and our missiles at their doorstep only brings more instability.

3. If the dollar was as strong today as it was when Bush took office, $140 would fetch closer to 2 barrels of oil.

4. CAFE standards are too weak. Future technology is promising, but fuel efficiency could double using old technology.

It seems like our President wants high oil prices. But that would make him an oil man…inconceivable!

WE NEED ATTACK DOGS BRAVE ENOUGH TO STAND UP TO BIG OIL! Instead we get politicians too eager to roll over. Send a message to congress and the administration that we’re on to their game. We know the real reasons for high gas prices.

By: thomas cataldo

thomas cataldo — Wed, 11 Jun 2008 20:18:08 +0000

speculators are the cause of outrageous prices at the pump.

By: lxatoledo

lxatoledo — Sun, 01 Jun 2008 03:10:41 +0000

Whyputname– has got it right. It is all financially driven, if the speculators think that futures / commodity prices are going to show solid ROI’s then they will continue to invest. It is a facade and illusion of limited supply and people acting like “sheep” that has gotten us here. Open your minds, think for yourself and turn the freak’n TV off. Personally, I blame Al Gore……..fact of the matter was that prices were relatively flat until “An Inconvient Truth” came out and people started buying the hype.
That whole don’t buy gas for a day, week, ride a bike crap………I’d call my financial investor and start dumping mutual funds, stocks, etc that have monies tied to any oil supplier/refiner. You hit em in the pocket where the returns are not there anymore and the market will correct. Stop asking for the goverment to save you, take some personal responsibility.

By: Whyputaname

Whyputaname — Wed, 28 May 2008 03:08:05 +0000

Love your article!

I heard on C-Span this morning that it is the speculators in the stock market that are calling the shots. The spokes person on there called it the Enron Loop Hole. Now if this goes by way of what happen to Enron, we are in big trouble!

Back in Dec. of 2002 late on a Friday, a republican presented a bill to deregulate the oil and gas industry. The spokes person said that no matter how much oil they put into the system price of gas is going to go up.

I am reading some of the posts on here and I have sneaking suspicion that they created this for the purpose of drilling for more oil.

People we are pretty much getting the old shaft up the yang yang!

By: R.L. Reynolds

R.L. Reynolds — Mon, 26 May 2008 22:04:14 +0000

We can blame the oil companies, speculaters, the “in the toilet” dollar, and the Bushies and be correct. However, let’s not forget the auto industry. They have also ignored the big picture and continued to pump out the gas hogs. They have done very little to promote fuel efficiency. As a result, they are all in trouble. Toyota has replaced GM as the number 1 manufacturer. Why? Because they got in on the ground floor and produced reliable, fuel efficient vehicles. There will always be a need for trucks (until we get Scotty’s transporter beam. The technology is here for 60+ mpg cars. The technology is here or very close for electric and hydrogen cars. We need to demand these from our auto makers. If they don’t produce them, the Japanese certainly will! Put 200 million of those on the American roads and you will see a real change in the demand for more drilling, polution will tumble, and the environment will get a much needed break. So will your pocketbook. Picture that happening world wide and you can picture OPEC and the oil companies with very few places to peddle their over priced product.

By: Roger

Roger — Wed, 14 May 2008 16:16:13 +0000

Rising oil prices are a global problem, and not just confined to the U.S.
We are all at the mercy of the oil producing nations.
Currently here in London the price of petrol is £4.95 a gallon, that is US$9.65 approx.
I don’t believe that the shortage is a lie, just more a question of oil companies getting as much as they can while the goings good.
The biggest problem faced here by rising fuel prices, is the knock on effect in the stores, as everything is transported by road.
Supplies must be maintained while huge investment needs to be made in renewables.

By: Gene

Gene — Wed, 14 May 2008 08:42:10 +0000

I’ve been saying for months that this whole ‘fictional’ gas price thing is to scare is into believing drilling in ANWR is our only recourse. And BINGO…The Bush regime comes out last week and the first thing he says is ‘we need to drill in ANWR…”
It is all a lie for big oil and we need to stop this lie somehow…just like when congress holds those fake sessions w/ oil ceo’s that is supposed to make us feel like they are doing something. Then the next profits come out w/ another huge gain. A LIE.

By: kathy

kathy — Wed, 14 May 2008 07:33:35 +0000

l2 G learn to google
click on Tom Ogle and his environmental car…use the offered link to view all the artlcles and the results of his 200 miles on 2 gallons of gas test drive…he was killed (you think) soon after.

By: Christina Waldman

Christina Waldman — Wed, 14 May 2008 02:39:01 +0000

I would like the person who posted about Tom Ogle who invented something that replaced the carburetor and got 200 mpg that he says was murdered to tell me how to get more information about this man. I don’t disbelieve this person, it’s just the first time I’ve heard about it and it’s so horrible if true. I would like to know more about it, and where this person got his/her information.

By: Sal

Sal — Wed, 14 May 2008 02:20:29 +0000

George you are right, there is no shortage – only the one our government is causing by stockpiling all they can in the reserve and not allowing it on the open market. Since we purchase most of our oil from Canada and Venezuela, which is shipped already refined, we are being sold another bill of goods by the oil companies that they need to continue to received the billions the government gives them for research and development as well as build new refineries. The wonderful state representatives we send to Washington should all be voted out of office and not replaced. It’s about time we sent them all the message we are tired of their lying to the American public – the ones who pay their salaries and send them to Washington to represent and work for them; unfortunately these lovely representatives end up looking out only for themselves.

Another way to cut consumption of gasoline is for everyone who doesn’t have to work to stay home and not drive at all at least one day each weekend (like the good old days when stores were closed on Sundays). This gasoline crisis doesn’t just effect what you spend on your car, it also effects food, clothing, electricity prices. It’s about time we all stood up and said “Enough is Enough!