I agree that it has nothing to do with who is in office. However, once we get Cap & Trade rammed down our throats it is going to get a lot worse.I don't see why everyone is surprised at gas prices going up at the start of Summer. They've done so for as long as I can remember and I'm and old guy. Think back and you'll remember this is not affiliated with who's in office just the start of heavy travel season.
I agree that it has nothing to do with who is in office. However, once we get Cap & Trade rammed down our throats it is going to get a lot worse.
Why should the government intervene with the price of gasoline when they’re making 50%, in taxes, on a gallon?
It is the duty of every patriot to protect his country... from its government.
Thomas Paine
Sorry but that's simply not true. Individual states average higher taxes than the U.S. tax as shown:
Fuel tax - Wikipedia, the free encyclopedia
It's also not true that allowing more drilling would stop summer increases in gas cost. Cost is set by OPEC not the U.S. While we sometimes like to blame our government for everything bad, it's not always their fault.
Last years major price jumps had absolutely nothing to do with OPEC but rather US greed speculation on the price of gas. Our commodities market drove the price up nearly 1.50 per gallon. Bush opened up areas offshore and Alaska to new exploration and the next day the price dropped 40.00 per barrel
I don't see why everyone is surprised at gas prices going up at the start of Summer. They've done so for as long as I can remember and I'm and old guy. Think back and you'll remember this is not affiliated with who's in office just the start of heavy travel season.
You're right, It's going to be a long 4 years.. On the gas prices, Here, too, the prices are going insane again.
Check out this web site. GasBuddy.com - Find Low Gas Prices in the USA and Canada
Down the left side of the page is a gas "Temperature" Map.
USA National Gas Temperature Map - GasBuddy.com
It is pretty revealing on the prices here in the midwest.
Been around a spell too and the spiking of gas prices for the summer isn't that old of a concept, gas stations use to go into direct competition and prices would lower in order to get peoples business, and then the price controls started to make things better (Carter) , and then Oil was deregulated and went on the commodities market (Carter again) and things got real insane, so apparently you are not as old as I or have a long memory.
Let's just say I remember gas at 15.9 during "gas wars" with an everyday price of 24.9 and full service at that. While this was the norm at local (in town) stations those along the highways raised theirs during peak travel season, however, 30.9 or so wasn't that bad. This has been a long tradition and just became more apparent in the late 70's just after the gas crunch. My memory hasn't gone (yet) and some forget summer gas increases from just last year where they hit the highest in U.S. history. Hopefully the predictions they won't get that high this summer will be true.
It's a little hard to adjust when the price of gas goes up $.20 in one week. Up here gas has gone up over $.50 a gallon the past month. In fact it just went up to $2.67 from $2.59 a gallon. At the beginning of May, gas was $1.91 a gallon. IMHO the speculators are jacking up the price of oil. And we are in a recession.leasantry:
May be a little younger but I'll bet not that much. Been driving legally since 68 and traveled Route 66, now I40 most of the way. :biggrin:
No I-40 parallels route 66 and I have been on both, lots of unique places on the old 66, and my legal driving year was 64 and I worked in a gas station pumping gas and working on cars then too, Standard Oil now AMCO, full service rain or shine.... I could fill up the tank on my 61 corvair for a buck, and drive all day, and when someone said 50 cents worth please it was 5 gallons....