Comments about ‘Gasoline surges past $4 in Utah’

This appears to be the trend... Buckle up.

No more fun in the sun, or anywhere else for that matter. It is all about gasoline, and simply getting to and from work.

I think the key is changing habits. If the oil companies are making record profits, then I'm going to buy less gasoline so their profits drop. If the cost of gasoline is reasonable considering the production costs and global demand, then I'm going to buy less gasoline so I can save money. If the cost of gasoline is high because people are buying crude oil futures, then I'm going to buy less gasoline so the price of crude comes "barreling" down (Pun intended). I'm noticing a trend to how I can solve each gas related problem.....

The good news about speculation is that, as with any speculation it gets overblown. And once that happens you will see a real rapid collapse of the price.

This is just like the housing market. For a period of time it is all the rage and speculators buy up everything. This drives the costs up (suppy and demand) and with higher costs, more people get into the speculating thinking they will ride the elevator up.

Those that get in early make the big money. Those that get in the middle make some. Those Wall Street speculators that get in late get left holding bag.

If you read the commodities expert from Goldman Sachs has been driving so much of this speculation. Insiders they this 39 year old guru started the craze. Goldman Sachs may get burned but the fact is so many people watch them.

They are slowly diminishing their exposure to oil futures. This means that the speculation is about to end, and the price of a barrel of oil is going to come crashing down over the next few months.

Hopeful we can open up some resources in the mean time. More stable sources of oil commodity.

Tonight I saw a shiny new Prius with built in cop lights. About time the cops junked those gas hog Chevys.

We should all thank the Democratic controlled congress for holding up oil drilling in Alaska and offshore for these high energy prices. Demand increases and supply stays the same or decreases equals high prices! We have but three options: A:Increase the supply-drill less expensive oil in Alaska and offshore. B: Decrease demand--use less energy-alot less. C: Continue to pay high or even higher prices. Since this is mostly a political issue, the solution is largely political. Don't vote for Democrats!

Try this on for size Utah....

Gas at a local store here, in rural Maine, one morning was $3.99 a gallon... By afternoon, it was $4.30 a gallon... what's interesting is the next day the owner was back out changing the price to $4.22

All this happened in the space of 3 days..... Seems the owner couldn't decide how much money he needed for his next vacation!!! I am done buying gas there!!

So now let's talk about price fixing.... and bleeding the citizens....

Across the border in Canada, only 2 hours away, gas is $6.38 an American gallon!!!

And a local motorcycle shop in the area sold over 25 motorcycles just last month!!!

YUP I AGREE, THE WAVE RUNNIN', BOATIN', AND 4 WHEELIN' FUN IS OVER.... SURVIVAL MODE SHOULD BE KICKIN' IN

Alaska will provide more oil. But not short term, and not cheap. There may be a bit of a price correction as speculators get out, but cheap gas is gone because cheap oil is gone. We need to start responding to it and quit complaining.
I'm voting democrat.

How about a real impact. This is not in people's imaginations.

We need 'single payer' gas.

Drilling in Alaska will provide more oil long term as will drilling off the coast. Nuclear options and incentives for oil companies to build more refineries are also needed. All of these policies are contrary to the Democrats and their tree hugging environuts who are the real villains that got us into this mess. A bill was just introduced this week to allow off shore exploration 50-150 miles off the coasts and it was rejected in committee 9-6 by the Democrats. Before the Dem took over gas was 2.19 a gallon. Now it is over $4. Sometimes you get what you vote for.

"hitting the bakes less aggressively"--hate it when bakes get hit

The environmental and man caused global warming movement pushed by the Democrats and the Liberal press is strangling our economy. Even If more oil and gas is brought on line, the refining capacity is not there. The cost of meeting all the out of control regulations is crippling natural resource development. Unless a change is made we're in trouble!

Those liberals and Democrats who force America to stop exploration and drilling are idiots. Since we are not doing It China is. They have made their home a few hundred miles of our coast and have started drilling. What we dumb Americans are saying is we will play by the rules and not destroy the Environment but since we wont, other countrys come in and do it anyway.

I sat in a meeting with two Hard Core Democrats and they were actually excited about the price of gas going up. They said it would reduce green house gases and help the environment because people are driving less. What a bunch of retards.

Do they not know that everything they buy is going through the roof. I thought, how could they take this stand and I figured it out. Both make a very good salary and one is not married nor has kids so his disposable income is much greater than most. Therefore Gas prices and food prices are not hurting him yet. When it starts to hurt them we will see if they feel the same way.

So open up Alaska, and get what? Enough oil to lower the price $0.10/gal for 5 years, and then it is gone. Why don't we save it for when others are running out and we need it strategically? Why don't we spend the money instead on coming up with a solution, instead of looking for a quick temporary minor fix?
As for Democrats being responsible for oil's surge in price, why don't we look at underlying causes, the War in Iraq (republican) borrowing for that war from China (Repbublican) falling value of the Dollar due to said borrowing and the corresponding increase in national debt (republican).
I'm voting Democrat, after all, if you had elected Colonel Sanders president and the price of chicken quadrupled, I doubt you would be blaming the party out of power.

Typical Utah response- like all our problems it's all the fault of the liberal demons, because speculation and inflation and the devaluation of the dollar are not really happening, and everything would be paradise on earth without those satanic libs in the evil blue states who are the font of all evil and want to destroy America.

*cough..cough*

No problem could ever have a complex set of causes...it's the liberal under the bed!!

Pragmatist:

Where did you get your figures of only lowering it .10. Thats great work? Can I see your calculations. And How did you determine how much oil was in Alaska, Can I see your figures? The middle east has been supply oil for quite some time and they havent run out. There is one scientist that believes the earth continues to regenrate it's oil. Who knows?

I do agree with you on the War but in a different way. I believe that the middle east countrys are sticking up for their brothers and figure they can not win us in a physical war so they will fight us by raising our gas prices.

I could care less who you vote for because at this point I don't think any of the politicaians care about fixing the problem, they only care about winning an election.

Lets do both, Lets start massive exploration and drilling while we somehow come up with an alternative fuel. Even if no one drove a single car, we still need oil for everything from Plastics to Food. We can not live without oil.

Yeah right:

I am not blaming anyone for the mess we are in. The fact is we are in the mess. But when you get in a mess you don't sit around and do nothing, you try and fix the problem. Congress tried to pass laws to start exploration and it was killed by democrats. I could care less about whoes to blame but we need to start drilling and become self sufficient.

If you don't want to start drilling, then come up with a better solution. Don't say we need to do this or that or come up with an alternative unless you have the alternative. I would love to power a car with water or air but the technology isn't there.

Tell me what we should do? The problem is supply and demand. We need more supply. You say we need to find an alternative but you can't tell me what it is. I would say you are unrealistic. You start drilling and fix the problem short term and then you figure out the long term solutions.

I have sat in so many meetings where nothing

We need more refineries in America.
We need to utilize our own natural resources.
Oil is not only used for gasoline, just look around your home.
Democrats block alot of this from happening, just search "ontheissues" + "Nancy Pelosi" + "Energy" + "Oil".
Enviromentalist use scare tactics & peoples ignorance to help block these advances.

Pragmatist - blaming the price of oil on the war & repubs is ignorance. The war was authorized through the democratic controlled congress with pres. Bush, only now the dems are backing away from this faster than someone from an ugly blind date. We all supported this war after an emotional 9/11 event, we made the decision based on emotion & not on logic.

If other countries are coming to drill off shore to drain our oil and are coming and buying up our real estate, and are shipping our scrap metal over to China from every port in America...who's watching the pot? Certainly not our politicians who are pandering to the enviornmentalists.

Anonymous 9:23 says "We can not live without oil."

The truth is we can live without oil. Mankind has lived for thousands of years without using oil. We just can't continue our current lifestyle without eventually finding a suitable substitute for oil.

I believe there are many inventions in our future that will find good alternative energy and chemical replacements for oil.

What we probably cannot do is continue to live 90 miles from our daily job and commute alone in an SUV. We cannot fly our whole family twice a year to a far off exotic vacation (or even to Grandma's in Florida). We cannot build a 10,000 sq ft home for a family of four in a cold climate and keep the indoor temperature at 72 degrees. Etc., etc..