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Mon. 1:30am: Pump prices jump 12 cents, AAA sees further rise

July 22, 2013

American motorists are bracing for further increases in gas pump prices this summer after average national prices rose 12 cents in the past week alone....

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(15)

Hippiechick

Jul-24-13 10:58 AM

no mention of the newest oil rig on fire in the gulf of mexico? we need to get off oil, its the needle in our arm. we need to hold the 545 men and women who set policy, write laws, and control every aspect of our lives responsible for their actions. every one of them needs voted out of office. we do not need career politicians, go do your 6 year stint in congress then come back home and get a real job like every one else. that way they have to live by their decisions just like we do

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RobinJ

Jul-23-13 12:18 PM

Old2: I agree with your post of 9:22. Especially the part about lobbyists! The current pres campaigned on "NO LOBBYISTS IN THE WHITE HOUSE"

That most certainly NEVER happened! The white house is full of lobbyists and czars! Lobbyists are what is controlling, protecting and furthering the their own causes, i.e. energy prices. None of which are to the benefit of anyone that pumps their own gasoline or pays their own utility bills!

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RobinJ

Jul-23-13 12:11 PM

There is no direct economic impact or financial relationship between hedge funds and oil companies! Google it!

There is certainly a longtime direct economic and financial relationship between the price of corn and the price of gasoline at the pump... its called the commodities market!

Within the commodities market are hedge funds. This is where the price of corn effects the price of gasoline at the pump. Google 'how the price of corn effects the price of gasoline" and read carefully!

As always, feel free to disagree with facts! LoL!

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OLDMANDOWNTOWN2

Jul-23-13 9:22 AM

Oil and gas prices should be our highest priority in the next couple elections. If any politician is against regulating our oil and gas prices, then they don't deserve our vote. No other country that produces oil has high gas prices like we do. Do the research on any oil producing country, and you will see. But our elected politicians refuse to regulate the oil industry, because it will cost them contributions from the oil company's come election time. Politicians call it contributions, but its the same as getting kick backs. Our choice and vote can make a difference every election. Changing terms of office and outlawing lobbyists would make a big difference in this country. I'll be surprised if this is not deleted because it is the truth.

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OLDMANDOWNTOWN2

Jul-23-13 9:09 AM

Get real Obama is nothing more than a figure head in our gov't. Sure he can veto a bill, but it still can be overrode by the houses. It's members of both houses that makes legislation, has been that way forever in this country. The President only says yea or nay. Point the finger at those that are responsible for our gas prices, which is our elected politicians. Oil companies use every excuse there is to make prices high. Hedge funds speculate things that they think will happen, driving up oil prices and making them big money. We export more oil and gasoline now, than anytime in history. If we kept all oil produced in this country and gasoline refined from it, our gas prices would be around a dollar or slightly higher. There was legislation introduced about 7 or 8 months ago by a democrat senator from out west. Though not surprising every Republican plus about 12 Democrats shot it down. It's time we stand up and demand that we are not held hostage by the oil companies and hedge funds.

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Swelterstat

Jul-23-13 8:45 AM

SAY what you will RobinJ but it comes down to one thing..$$$$$ GREED!!!!!!LOOK at the oil companys outrageous profits...all off the backs of the american workers

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Swelterstat

Jul-23-13 8:43 AM

Has anyone checked their mileage since Ethanol has been added to gas? Not only is it costing more per gal,But its less mpg toooo.WP Do you like it that since your heros been in office gas has stayed about 3 bucks a gal,and in some places over $4.00 .I hope your enjoying him in office

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RobinJ

Jul-22-13 3:25 PM

continued...

Now add in weather for a smaller, in quantity, corn crop thus driving the demand and price higher.

The increased gasoline production costs will then be passed onto the consumer and in turn the elevated price at the pump. Sad but true!

Its Commodities 101! To the naysayers, feel free to disagree but fact is fact!

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RobinJ

Jul-22-13 3:10 PM

This post is not for the intellectually challenged! Please read slowly and carefully!

Gas prices are related to corn prices. When the 'green energy' movement got momentum and the proponents of global warming entered the media circus and national political races; the corn for ethanol was regulated to advantage the 'green cause' rather than feeding the feedlot animals.

Consequently, the price of food has risen due to the lack of corn for food and feedlots. The feedlot animals are smaller than they were in the 70s. The subsidies for ethanol corn have risen demanding less of fossil fuels, restricting permits and tighter regulations. All this for the liberal green agenda!

Further, the price of food, gas and home heating are NOT figured in the cost of living equations for social security, veterans benefits, or social security disability payments.

Now consider those payments are required to go further while the cost of living actually did increase, their solution is food stamps

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FamilyGuy

Jul-22-13 2:16 PM

Brasco

Are we being a little melodramatic today?

Grow up!

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FamilyGuy

Jul-22-13 10:39 AM

Branco:

From private lands. In spite of federal obstructions.

No help from Feds on vast government lands and waters.

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brasco

Jul-22-13 9:59 AM

We've extracted more oil under this admin than any before in history..check the facts familyguy.

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CitizenZero

Jul-22-13 9:02 AM

As if we didn't all see this coming!

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FamilyGuy

Jul-22-13 8:37 AM

And we continue to support the most restrictive national administration in history with regards to the exploration, extraction, refining and distribution of peterolium products.

How flipping stupid are we?

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CommonSense

Jul-22-13 7:44 AM

Between the high taxes and the fact that the federal government regulates the amount of ethanol in the gas, which is expensive, and which was just raised by the Feds, the loonie left will come out and blame either republicans, big oil, or both. I expect WP to post in 3, 2, 1....

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