has anyone seen any unusual gas lines anywhere?????

[LSK]

If theres a so-called shortage in supply that requires us to drill, shouldnt there be gas lines???

:shrug:

[livetohike]

1. I've seen lines because the price at a particular station was

lower than the others. I remember the gas lines of the mid 1970's - we are nowhere near seeing that again.

[Muttocracy]

3. I've seen that twice. nt

[SpiralHawk]

2. "Be patient. We are working on it." - Republicon-crony oil corporations

[stillcool]

4. No..but I have noticed a lot less traffic...

it isn't a gas shortage, it's a money shortage.

[RebelOne]

22. That could be because school's out.

[liberal N proud]

5. Only at the discount stores and places that have gas discount cards

A local grocery chain has a $.10/gal discount for every $50 purchased. They have a their own gas stations and there are usually cars waiting to fill at those stations.

Sam's Club, Costco and BJ's Wholesale all have discounted gas for members and I have seen them lined up as well. Those can be anywhere from $.15 to $.30 gallon discount

[LSK]

6. but those lines have nothing to do with any actual shortage of gas

[liberal N proud]

12. Exactly!

Proof that we are bing duped by the M$M, the bu$h regime and oil companies.

Dose anyone really think that if we give them ANWAR and the Florida Coastline, that our prices will go down? These prices are here to stay.

[NightWatcher]

7. there are no shortages, just a few lines where the price is cheaper

[mikelgb]

8. a friend of mine the other day said...

that a gas station across from her work suddenly got a line because the pump was mis-programmed to give premium grade gas at $.45/gal... apparently they didn't fix it until the pump was dry

[DadOf2LittleAngels]

9. Well we all know its not about a lack of supply...

Demand is lower this month than last and the dollar has been pretty flat over the past few months so oil should, in fact be going down, but we can thank the GOP congress of 2000, and Bill Clinton for allowing oil speculators to rape is regardless of that fact..

[liberal N proud]

13. As demand drops you will see them proclaim that is the reason

we have high prices. Too much gas!
Wait and see, that is about how this regime works

[LSK]

20. so are you trying to say that demand has doubled in 1 year in a recession???

Just what on earth is going on in China and India doing in the past year?

[Snarkturian Clone]

10. I saw a line in South Jersey last week, but

it was because the scaredy-cat customers wanted to go to the nice gas station and not the seedy-looking one a half mile down the road that had the same prices. I got my gas there then drove by laughing at them.

[CountAllVotes]

11. no lines to be seen

just a bunch of gas stations with NO customers. People are not driving very much is why. If anything, there is likely a surplus I believe.

Lies, lies and more lies ...

:argh:

:kick:

[Greyhound]

14. Supply has kept up with demand the only significant change has been

a 257% increase in profits.

EOF

[AlCzervik]

15. no lines here that i've seen.

[libnnc]

16. Last week at our local Hess I did see some lines

because for whatever reason the 87 octane pumps were empty.

I don't know why

[OwnedByFerrets]

17. Just another lie from Corporate Amerika

and its Fascist rulers.


www.wearableartnow.com

[ben_meyers]

18. Current supply has nothing to do with the current price of oil

The "trading" (read betting)on commodities is on future supply or demand. Look at what happened to grain futures yesterday based on flooding in the Midwest that hasn't affected todays supply.


Whoever passed and signed this law needs to be held accountable for todays problems.

More Regulation Needed?
Several changes over the past decade have relaxed the agency's oversight of commodities markets. The Commodity Futures Modernization Act of 2000 (CFMA) allowed energy commodities for the first time to be traded on deregulated "exempt commercial markets," meaning exchanges exempt from CFTC or any other U.S. government oversight. This law was a departure from the Commodity Exchange Act of 1936, which had confined commodities trading to CFTC-regulated exchanges.

Besides opening the door for unregulated, off-exchange trading, the CFMA excluded what are known as "swaps" from regulation. As institutional investors like pension funds and university endowments have sought a hedge against inflation and alternatives to a shaky stock market, they have entered into swaps agreements with investment banks that allow the banks to trade in futures markets on their behalf. Under the 2000 law, the CFTC exempts these banks from position limits to which other speculators must adhere.

http://www.businessweek.com/bwdaily/dnflash/content/jun2008/db2008068_580706_page_2.htm

[On the Road]

19. No -- In the 70's, the Supply Was Suddenly Shut Off

It is not clear today how much of the price rise is due to supply and demand and how much to commodity fluctuations.

In any case, it's not due to an immediate drop in supply, but to a change in long-term expectations. That is shown by how quickly the price has changed compared to the more gradual movement of production and and consumption.

[ejpoeta]

21. i wonder how much has to do with the decline of the dollar.

every time they lower the interest rates the worth of the dollar decreases. and of course all those loans to pay for the war don't help us either. i will bet that plays a big role in price at the pump as well. try explaining to a republican how they feel about using a credit card to pay for everything beyond the rent and light bill in their house. I've tried to use that explanation to get my family to understand about the debt and the war and they look at me clueless. are they willfully not understanding me or are they really that clueless!!

[On the Road]

25. The Dollar is a Big Part of It

along with Iraq, Iran, demand, and speculation. But the effect you mention is probably not direct enough for your family to get the picture.

My mother still believes that as a general principle, cutting taxes results in more tax revenue. She mentioned this last month and I brought out the chart of deficit history (which I have on a coffe cup) to show her: "Here's where taxes were cut and here's what happened to the deficit." Even on a straightforward graph she couldn't process it, and then my father got mad and accused me of drinking kool-aid. I don't know what you have to do. But your family is not alone.

Even basic economics completely confuses many people. It's the equivalent of 80% of the country not being able to find the US on a map.

[tjwash]

23. Gas in Tijuana Mexio-2.65 a gallon. Gas 15 miles away in Chula Vista CA-4.65

I'm waiting for the market manipulation deniers to tell me again how the price speculators haven't been artificially driving up the price.

[LSK]

24. where do Mexican gas stations get their gas from?

[deaniac21]

26. I've seen some here in Arkansas where the back of the line goes

first.