I am SOOOOOOO sick of all media outlets constantly quoting "energy experts/analysts" dire predictions regarding the price of gas and oil. They feed you endless crap, pure propaganda---and you gobble it up and regurgitate it as factual information about why the price of oil is rising. The price of oil is rising becuse the system is gamed. Capitalism--free markets---are not working. There has been no shortage of oil. There is plenty of oil in the marketplace. There are also speculators and hedgefund scumbags who have, just as enron, gamed the system. Ban energy futures trading; it isn't even neceassary (of course the oil powers and their cheerleaders, Bush and co., won't allow that. At least report the truth-and don't give a voice to a a sub-human analyst shitbag from wallstreet or Hong Kong.

Past time for the BEV ( battery electric vehicle ).

Cheaper to buy , cheaper to maintain and chheapper to drive (120 mpg equivalence).

The 300 mpg vehicle is here !

http://www.popularmechanics.com/automotive/new_cars/4237853.html?series=19

One of the reasons America's economic prospects are so bleak is that the ananysts are most likely correct. It will drive the cost of living up resulting in less consumer spending -especially for American products which are no longer the really appealing ones. Thus the trade imbalance may stay, maybe even decline a bit, but be disproportionate to the GDP. Thus more pressure on the dollar.
Those in the lower half of the American economy will suffer the most. The rich Americans, mainly Republicans, will call for "tax cuts" to "re-start" the economy which will only make things worse. Things will spiral downhill from there - until somebody will come up with a very new and craetive plan to halt the slide.
Guess which mind set such an approach will come from??

Fadel...what's in a name? We're going to get
robbed for years and years, just like they
did to Germany...ethanol, make your own/get
a permit

Bring back the windfall profits tax. There is no doubt that big oil is manipulating the prices and making up retail mark-ups as they go along. The price of crude is not set for March, yet no shit they are raising prices in the spring- when we drive more. Watch how the increases spring up at light speed, while when the crude prices drop, the retail prices drop at a snail's pace.
The price gouging is so transparent. We are being screwed without any vasoline.

Thank you Mr. Bush for your vision in the handling of the Middle East... IDIOT!!!

Let me again say that I support a $2.00/gallon federal tax on gasoline to be used for development of true, cost effective alternate fuel vehicles (hydrogen or electric, not ethanol) and for repair, building and operating high speed rail transportation systems. This would also include building large scale solar power systems in combination with alternate fuel processing plants (hydrogen from sea water). Similar solar plants could be built in conjunction with desalination plants since many states are now facing fresh water shortages.

Time is running out.

Log this as chapter one of Bush's legacy. Political unrest in the middle east is driving the cost of oil up. The syrocketing oil futures aren't due to increased demand by China and India. It's because the mideast is a powder keg and Bush spent his tenure throwing lit matches at it. Traders are betting that one of them will ignite it. Couple that with Dickhead Cheney's anti-conservation and Bush's anti American-worker policies, stir it all together and you have an economic meltdown stew.

This racket is positively exhausting. Big Oil is getting impossibly rich on the backs of the average consumer.

The analysts simply add fuel to the fire to soften the blow of what's to come. They are testing the market on a price-point basis in advance.

Analysts are frequently as bad as the media in propping up this sort of unfortunate drivel. Anytime someone needs access to a powerful person (i.e., a top oil executive and their suspect projections), the resulting data is suspect.

The analysts are frequently selling their expertise and data to various clients involved in the industry they report on. They need the data and the advance publicity to reap their cash.

I have been tracking retail analysts for this holiday sales season and the whole business is sadly incestuous.

The American consumer doesn't stand a chance.

Wish fulfillment?? funny how analysts cannot get any thing else right, but sure know how to help the oil companies' profits.
Ban trading in oil futures and gas will be under a dollar.
No one is brave enough (cept India discussed this) to put the issue forward.
Why should a bunch of shouting white guys on the futures floor determine the price of a commodity half way around the world??

does it really matter America with the housing implosion and inflation in the food and energy ,that the government conveniently leaves out even though every breathing person uses and needs , will be experiencing depression 21st style

Gasoline prices of $7 or $8 a gallon should be expected. There's no reason to sell something that you are, after all, forced to buy, for less than usury. "Profit, profit, uber alles."

Furthermore, when your nation is trying in every way that it can to seize oil-supplies and to start World War Three in the process, and you are nonetheless a businessman who is obligated to deliver the goods as-promised, well, what price would YOU set? (By now, you have to be thinking in terms of "I have eight supertankers, but if three of them get torpedoed or seized...")

There is also, of course, another way to look at it. America is vulnerable. For all of her swagger she has a fatal weakness: she must have oil, and she must have oil at a price. She has dismantled her internal manufacturing capacity and therefore relies completely upon imports and therefore transportation. You cannot outgun her warships who could simply seize your tankers on the high seas and commandeer them. But you can manipulate the price, and bring that nation's economic structure just as close to the point of collapse as you may wish for it to be, and hold it there for as long as you like. "War" is so very messy, so twentieth-century...

Maybe, just maybe, the American people will finally howl, will finally realize their own strength, and will rip their leaders from the positions from which they are doing so much ruthless evil. Maybe a gas-pump price will bring about such a change, bloodlessly...

It's a good time to own an economy car. GM's new Corvette has over 600 horse power. Now that makes a lot of sense. The power of 600 horses to haul around a maximum of two people.

I'm reminded of the frog in the pan of water gradually heating to a boil.

People were outraged at $3/gal gasoline. Now we're pleased when it's only $2.85.

Apparently it costs about $100 to fill up the gas tank of a Hummer these days. Pretty soon it will be $120. Great idea.

The biggest problem of oil being over $90 a barrel is not the price at the pump; It's the filling of pockets the likes of Venezuela and Iran and Russia who all the sudden went from puppets to shakers and movers. Kinda makes those ads where we were told to use less gas so the terrorists wouldn't be funded kinda silly now, huh...

Is anybody shocked by this revelation?

I mean really,... the Oil guys know that if they are going to continue to screw us, the time is now - before there is a change in Administration.