So gasoline prices are back up an nobody is saying a word about it.

[cantstandbush]

These corporate pigs don't give a shit about the American people, the American economy, or the future of America. Greed rules the day.

[marmar]

1. They have crept up quietly over the last few weeks...

Please keep your arms and legs inside the car and hold on to the safety bar at all times, you're in for a wild ride America.

[savemefromdumbya]

2. We don't hear much protest from the sheep-le

[TheFarseer]

3. they did it all stealthy-like this time

not 40 cents at a time. People were going to notice that! It's raised maybe 20 cents in the last three months. Much more sneaky.

[Punkingal]

4. I actually heard them mention it yesterday...

On MSRNC....but they didn't say much, just that they were going up again.

[Beelzebud]

5. No one in TV Land or the Corporate Controlled Media has to worry about it.

They have money, limo drivers, and they don't care if it costs the middle class worker an hour's worth of wages to just get to work.

[OrangeCountyDemocrat]

6. Gee.....What A Surprise!

Wow! The "Holiday" shopping season is over, and gas prices are going up? Color me shocked. I said back in early December that gas prices would rise in January & February. I predict $3.00/gallon will be here by late February, and people will once again be moaning and complaining about it.

I will be buying more gold though, and not looking forward to the big collapse in the economy.

[newportdadde]

7. We are going to blow right past Katrina levels this summer.

You will be lamenting... "Remeber how cheap gas was during Katrina?"

[rustydog]

8. Waddaya mean nobody is saying a word...?

Gas prices jumped 10-cents overnight. I'm fairly certain I wasn't the only one to yell; "Holy Shit, what is up with this?"

[Jayhawk Lib]

9. What should the price of gas be?

That is a question that I do not know the answer to. I know this when I have places to go I am glad that there is gas to put in my car and go. I hate paying high prices for it but I hate paying the price of a lot of goods and services that I think are high.

How do you determine what the price of anything should be?

[MyNameGoesHere]

12. Well i suppose

it should be as high to ensure another record breaking quarter for the oil companies. /sarcasm

[ZombieGak]

15. I would not mind the high prices IF....

I could put up with the high price of energy IF I knew the money was going into making us more energy responsible/independent. I do resent it if the money is going into energy company profits... and those companies oppose us becoming becoming energy independent/responsible.

[lectrobyte]

18. Exactly. After every place is drilled out to get the last cheap barrel

of oil, then what?

[lectrobyte]

10. Greed? We use 25% of the world's energy, it seems remarkably

cheap even at $3/gallon. Peak oil? Sure, we're at the peak, it's great, people will look back on this as the most insane and frivolous time ever.


Things that can't go on forever, probably won't...

[ZombieGak]

16. is it something like 18%......

Doesn't something like 18% of the world's oil get pissed away just in the US transportation sector?

[lectrobyte]

22. That sounds a little high to me, but probably not too far off the mark.

[havocmom]

11. Farmers & ranchers around here are howling.

Between that and the Abraoff news, am thinking Conrad Burns is toast! :woohoo:

[ProfessorGAC]

13. Farmers Here Are Upset About Diesel Prices

They still haven't come down compared to gasoline and plowing and planting time is coming up in 6 or 7 weeks.
The Professor

[havocmom]

21. Combine the fuel farmers need and the fuel to get food to market

and consumers will be having sticker shock about more than filling gas tanks and keeping the house warm.

Grain harvesters said, last fall before the diesel really went up, that they doubted they would come here next fall. Fuel prices to run the combine machines would not make it possible to make money with wheat.

They are outsourcing manufacturing, now banking, call centers and farming is next. Making it so Agriculture in the US won't be possible. If you all think it's a pain having multi-national corporations controlling your gas tanks, you're gonna love them ruling your belly!

Between fuel prices and GM seed companies not allowing for saved seed, there won't be much food produced here damn soon.

[ZombieGak]

14. like boiling a lobster....

Raise the water temp by a degree every minute and they don't know they're being boiled alive.

Most are probably thankful prices aren't as high as they were in September.

[JohnyCanuck]

17. US prices were held down by withdrawing oil from strategic reserves

After hurricane Katrina oil was shipped to the US from European strategic reserves to help keep prices down. Those shipments stopped around the end of December.

From James Kunstler's blog:

The world oil allocation system is now so fragile that any disturbance in one producing region can send damaging shock waves around the planet. There is no more "swing producer." The US squeaked through the huge loss of oil production capacity this fall by taking oil from our own strategic petroleum reserves and from Europe's. These actions kept oil prices in the high fifty-dollar-range through the holidays, giving Americans a false sense of festive security. Those withdrawals are now over. Global demand for oil is still increasing. The strategic reserves will now have to be refilled (they're called strategic reserves for a reason). This will start oil prices moving upward again -- they already have moved above $61 as of this morning.

http://jameshowardkunstler.typepad.com/clusterfuck_nation/2006/01/oh_six.html

By Patrice Hill
THE WASHINGTON TIMES
December 28, 2005

The United States, Europe and Japan recently stopped releasing oil and gasoline from their strategic reserves as fuel prices retreated from record post-hurricane highs.

The release of reserve oil in September helped to stamp out speculation that was driving up prices, analysts say, but an energy-saving trend spawned by high prices and lower oil demand in China also helped to stabilize energy markets.

"The impact of hurricanes Katrina and Rita has been successfully addressed," said Claude Mandil, executive director of the International Energy Agency, in announcing the end of the reserve program Monday.

He credited the "collective action" by the United States and 25 other countries that had agreed to release reserves, as well as "lower-than-expected demand, worldwide refinery flexibility" and efforts by oil-producing countries to make up the shortfall.

http://www.washtimes.com/business/20051228-121131-7061r.htm

[ayeshahaqqiqa]

19. It's been going up about a dime every other day here

and I've been very surprised that no one has said a word about it.

[underpants]

20. Yes they are-"Oil prices are DOWN 11% since before Katrina"

Local news this morning and I think something on the Today show.

REmain calm...all is well....