Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Again, It is Wall Street & The Banks causing the hike in gas prices:

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
EV_Ares Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 08:12 AM
Original message
Again, It is Wall Street & The Banks causing the hike in gas prices:
Edited on Mon Jan-03-11 11:41 AM by Skinner
GASOLINE PRICES DRIVEN HIGHER
And you can expect to pay even more for fuel in 2011, industry experts are saying.
By DIANE STAFFORD The Kansas City Star
Happy new year! And welcome to $3-a-gallon gasoline.
The national average price at the pump for regular was $3.07 Thursday, according to AAA, and a spot check of Kansas City area stations found prices ranging from $2.78 to $3.07 a gallon.
The national average was up 7 cents a gallon from a week ago and 44 cents higher than a year ago at this time, according to the U.S. Energy Information Administration.
Industry analysts say to prepare for $3.10, even $3.30 a gallon, in 2011.

http://www.kansascity.com/2010/12/30/2551739/gasoline-prices-drive-into-3-range.html
Printer Friendly | Permalink |  | Top
Mnemosyne Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 08:29 AM
Response to Original message
1. Already $3.20 per for regular last week in NW PA. n/t
Printer Friendly | Permalink |  | Top
 
FreakinDJ Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 08:30 AM
Response to Original message
2. You mean the DEMs didn't close this loop hole
you know RATpubliCONs sure as shit ain't going to do a Damm thing about it
Printer Friendly | Permalink |  | Top
 
Name removed Donating Member (0 posts) Send PM | Profile | Ignore Fri Dec-31-10 08:32 AM
Response to Original message
3. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Teaser Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 08:38 AM
Response to Original message
4. perhaps, but driving force is resource competition
oil is just not getting more plentiful anymore.
Printer Friendly | Permalink |  | Top
 
HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 08:40 AM
Response to Original message
5. Meanwhile Ohio and Wisconsin republicans go against high-speed rail
in Wisconsin even adding highway construction interests to cabinet secretary levels.

Printer Friendly | Permalink |  | Top
 
Kolesar Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 09:12 AM
Response to Reply #5
7. Ohio's new chair of dept of transportation was the lobbiest for the asphalt industry...eom
Printer Friendly | Permalink |  | Top
 
HereSince1628 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 09:18 AM
Response to Reply #7
8. So then both states have appointed highway interests to their cabinets
I didn't know about Ohio. I guess I am not surprised. A state's leadership is never more visionary than its business interests.
Printer Friendly | Permalink |  | Top
 
A wise Man Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 08:42 AM
Response to Original message
6. Getting ripped off the gas pumps again
is more important than "DADT' issues. We are really going to get screwed again as the dems. sit quietly again in their small corner of fear from the rethugs.
Printer Friendly | Permalink |  | Top
 
salinen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 10:22 AM
Response to Reply #6
12. Exactly
horrible trade.
Printer Friendly | Permalink |  | Top
 
appal_jack Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 11:10 AM
Response to Reply #6
16. & Dem's let them control the narrative
At the end of a long drive home yesterday, I stopped in at the local Army Surplus store to clear my head and stretch my legs before the final 45 minute trip home. I know the proprietor pretty well, and like trading with him even though he & I have diametrically opposed political views. The conversation across the counter moved toward the run-up in gas prices and of course I noted that the speculators and hedge fund managers who caused the previous problems were at it again. His response? It's alternative energy's fault! "They" (he never said who they were) want oil to be high so that solar and wind can compete.

It baffles me that some one can believe that when the levers of power are clearly in the hands of Wall St.

I'm glad to have an acquaintance or two like him, so that I can hear the impact of Faux News and Limp-balls without actually having to tune in.

-app
Printer Friendly | Permalink |  | Top
 
EV_Ares Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-01-11 12:11 PM
Response to Reply #16
24. You know he probably got that on his faux news or limpballs. That is what they do
& your post shows it works with some of their listeners.
Printer Friendly | Permalink |  | Top
 
Imagevision Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 05:00 PM
Response to Reply #6
23. New world order back in high gear again... 2bdarn sure!
Printer Friendly | Permalink |  | Top
 
lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 09:45 AM
Response to Original message
9. Control energy, control slaves, control the planet.
Printer Friendly | Permalink |  | Top
 
WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 09:58 AM
Response to Original message
10. Gasoline isn't the real problem; the price of heating fuel is.
Printer Friendly | Permalink |  | Top
 
rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 10:04 AM
Response to Original message
11. Move your money to local Credit Unions. nm
Printer Friendly | Permalink |  | Top
 
rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 11:14 AM
Response to Reply #11
17. Can we move the Federal Reserve to one, too?
Printer Friendly | Permalink |  | Top
 
rhett o rick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 11:29 AM
Response to Reply #17
18. Time to dump the Fed. and break up the banks. nm
Printer Friendly | Permalink |  | Top
 
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 10:24 AM
Response to Original message
13. Just like the last time.
Traders working for Goldman Sachs.
Printer Friendly | Permalink |  | Top
 
theophilus Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 10:25 AM
Response to Original message
14. It was $1.39 in our area two years ago. Frakkers. n/t
Printer Friendly | Permalink |  | Top
 
Warren Stupidity Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 10:50 AM
Response to Original message
15. Commodity speculation was outlawed in 1936.
In the 1990's it was quietly decriminalized for a handful of well connected wall street gangsters, including of course our friends at Goldman Sachs.
Printer Friendly | Permalink |  | Top
 
DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 01:44 PM
Response to Reply #15
19. But we're "at war".
Isn't profiteering a hanging offense?
Printer Friendly | Permalink |  | Top
 
lfairban Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 03:52 PM
Response to Original message
20. Gasoline will mover higher.
Expect the price to rise about 7% per year, which means it will double every 10 years.

Get used to it.
Printer Friendly | Permalink |  | Top
 
roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 04:54 PM
Response to Original message
21. Who owns the Fed?
It is a consortium of the American private banking industry. When Fed policy causes inflation, it is the private banks causing the inflation.
Printer Friendly | Permalink |  | Top
 
Imagevision Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-31-10 04:58 PM
Response to Original message
22. M$M, thank you for the heads up on future $5.00 per gallon prices, so thoughtful
of all of you to prep us "small" people as the spokeman for BP referred to us as.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Apr 18th 2024, 06:17 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC