Gas prices will go down soon because of this

[livewire277]

wow looks like you were right. they went down.

[mwd92]

when will gas go down

[curbati]

Hey

all you consumers need to wonder why the prices went up, ummmm I believe the FED printing those dicked up $100.00 dollar bills by the billions had something too do with it! Or maybe the CARTEL just wanted to squeeze us so they can pressure Prez Obama into some sort of Iran deal, ummmm But let's take a look at the huge find of CRUDE up in the Dakota's and see how they are stating it's better than Alaska! WHY HAS THIS NOT EFFECTED THE PRICE OF CRUDE????

[alffares]

price in saudi arabia 0.28$

[hptc8899]

i meant 1/4 gallon not barrel

lol

[hptc8899]

66.5c a litre that aboujt like 1/4 a barrel cheapest since like '02

[emforty2]

today barrel of oil $35 but were still being gouged at the pump currently $1.75 in Ca

at $35 a barrel price should be less than a Dollar a Gallon

[gamemaster014]

california $1.68

[sculptureattack]

Dude,

Saudi's charge the same price for oil as they always have. The price went up becuase we had a warmonger oil hog as a president, who accually was never voted in anyway. Now he's gone and so are the gas prices, we have had free energy since tesla, try researching magnet motors or electric cars that seem to go right off the map when they are introduced

[lopjesse1230]

price in New Mexico $1.34

[Legendarydeath]

u no all the ritch pepole going to buy all the gas befor it go higher -_-

[ironman711]

the drop in price usually goes down during election time, especially when bush was running/leaving...

[acc771]

no it doesnt...

[ironman711]

obviously you havent noticed that the gas prices DID drop during election time while bush was running. you must have been drinking that bush kool-aid...

[godsmackhim2]

the drop in prices come from a failing shipping industry...

[ironman711]

$1.75 missouri....

[marcodillo]

$1.96 florida

[amac421]

washington $2.13

[ironman711]

or the gas prices were record high because we had an oil tycoon for a president and now that he's leaving its going down....WHAT ARE THE ODDS!

[ghettogothfreestyler]

Oh thank god im not living in a world full of retards, ironman is right, we've been getting fucked...Hmmmmmm gas goes up while bush is president, hmmmmm bush is into the oil bizz, hmmmm now that hes leaving gas is going down...FUCK THIS STUPID FUCKING COUNTRY IM LIVING IN AND CANT GET OUT OF!!!

[ironman711]

well since the republicunts arent in control anymore, hopefully the democrats will fix what the republicunts did to our economy...never let rich people deal with poor people's money -_-

[jmd182]

texas $1.97

[droptozro]

got it for $1.85 today... and it'll keep dropping probably, til it's not worth anything. then the crash comes... they claimed they could bring us to our knees and they just might...

[chadrules9]

in missouri gas prices are 199

[davenrai]

in michigan prices are $2.49

[SaveAmericaFightNWO]

what about the value of the dollar going down.. would not matter if more Saudi oil is available.. still will cost more per US dollar.. than it would against the Euro. Nice try though... its more complex than you say it is. Infowars(dot)com

[yourboycal]

Its not about how many barrels there are .. there just giving you the illusion of supply and demand :p we have more oil then we could ever use.. but wouldnt it be easier to pretend like stock is short.. and keep selling a barrell of oil high as we can for as long as we can???.. or would u rather they lose money .. produce more .. :p if u were c.e.o what would u do :o

[Conservativesaregood]

Oh shut up - I cant wait until the election ends and you cry babies can go back to crying your really going to be crying when gas is 7 &8 $ a gallon LOL

[TheCollegePolitico]

Umm... yea... thanks for your useful and all around intelligent comment. You're a winner in my book!

[Conservativesaregood]

Ok tell me this what will you be saying when gas is 7 bucks a gallon ???

[TheCollegePolitico]

Oh gosh, you've totally got me... I admit it... Gas prices are a big conservative conspiracy. Oh and we are all evil

[SaveAmericaFightNWO]

I agree.. Politico is a propaganda tool

[nzrecords]

gas is going down a little. it was at $4.09 for regular a little over a month ago. but now i see some gas stations with gas at $3.75.

[TheCollegePolitico]

It's still that high for you? Its like 3.50 near philly...

[RonaldinhoFan07]

'bout 3.75 in Akron.

[rlsage]

Gas at the pumps will be below 2.99 a gallon by election time. Wonder why?

[TheCollegePolitico]

Yea its all a big conspiracy... just like the moon landing and 9/11 right?

[iwatchmassvideo]

Yeah but this is bullshit. A barrel of oil costs $110 right now, that's near $40 cheaper at it's peak this year.. oil per gallon stopped at $4 a gallon where I live and they're still charging $3.80 a barrel??? How can a 25% drop cause the price of a gallon to drop 5%??? I love it how soon as gas goes up they rack the price up and soon as it goes down they do nothing. Fucking guaging.

[TheCollegePolitico]

Yea I thought that at first too. However what you need to remember is that the price of oil takes about 2 weeks to translate to the prices at the pump. Also the price of gas is never going to fall by the same percentage amount as the price of oil because there is more to the price of gas than just the price of oil. Other factors include taxes (big portion) and refinery costs just for starters...

[iwatchmassvideo]

But how come it seems if it goes up $3, the price at the pump jumps 15 cents overnight. But like today when it dropped over $3.. it barely scratched 5 cents? Somebody is taking in money they should not be. There is NO reason for gas to be at $3.70, we are down to 2004-2005 levels price per oil barrel. It should be anywhere from $2.60-$3.10.

[cathy2708]

that is because of price elasticy. since the demand for oil does not change a lot compared to price changes, the price of oil will not drop if the costs for it, or supply of it, respectivly go down or up.

also taxes and the falling dollar influence the price at the pump.

[iwatchmassvideo]

Falling dollar my ass. The dollar has gained like a three cents every week on the Euro for like a month now. The Euro is falling due to being kept artifically low. Have you noticed gold is now around or lower than $800 and silver is DOWN big time also? The dollar is making a comeback because we are finally coming out of this recession.

[SaveAmericaFightNWO]

wow.. you are uninformed! sorry to say, but the dollar is going back down again. Thanks to the Federal Reserve(the privately owned central bank ran by the Rothchilds/Rockefellers) printing more dollars to bail out many of their corporate buddies Lehman, Goldman Sachs, Fannie Mae, AIG, etc etc now the US taxpayer is going to pay to hold up these failed businesses?! I didn't agree to hundreds of trillions of dollars worth of debt!!! fuk the New World Order! Infowars(dot)com!

[iwatchmassvideo]

And that is why the market JUST rebounded fully and then some after yesterdays 400 point drop? The US gov. bailed out Chrystler earlier and they became a success.

[SaveAmericaFightNWO]

so you're still repeating the lie.. that the dollar isn't going down?

[iwatchmassvideo]

Actually, no. Well, the dollar had a "minor short-term dip" but nearly ever economist has projected an upward growth for the dollar. We hit bottom months ago.

[SaveAmericaFightNWO]

and.. Where did you get this information? and who is "nearly every economist" ? Because everywhere I turn I hear that this bail out is going to kill the US economy, and kill the dollar. did you hear they're going to bail out international banks too?

so where'd you hear your news from? the TV? source it

[iwatchmassvideo]

Wrong. AIG I didn't support but Frannie Mae was like a juggler shot to our economy if they failed. The bailout isn't as bad as you think, they won't use all the money and will have to pay it back.

[SaveAmericaFightNWO]

how am I wrong? I just asked you where you were getting the "nearly every economist has projected an upward growth for the dollar" from... what's your source? I can't be WRONG by asking for your SOURCE lol

[FireLightning16]

You might be right because I noticed at my local Wawa, gas was $3.98 a month ago, now it's around $3.60

[TheCollegePolitico]

yuppers.

By the way Wawa is amazing

[FireLightning16]

I love their hashbrowns and slurpees! XD

[TheCollegePolitico]

Indeed my friend, Indeed.

p.s. If Wawa was in charge of fixing our energy problems they would do it twice as fast and four times cheaper.

[mszfiorella123]

AHHH! I SURE HOPE YOUR RIGHT (:

[31casper33]

We have more oil than Saudi Arabia.

When you account for oil shale, coal to oil, ANWR, and offshore drilling.

Sounds great! Right?

Democrats won't let us have it! Becuase they claim that energy indepence."not important to the American People at this time" quote on qoute.

Vote McCain!

[SaveAmericaFightNWO]

its not just Democrats.. its the oil lobbyists that own both sides of the one party, two-faction system.

[mjai23]

Your a Smart Ass!

But I like It!

I should drill you in your cornhole

[gzapala]

We should drill in Alaska.

[lancerevo1994]

Finally! Someone agrees with me!

[TheCollegePolitico]

Actually a lot of people agree with that...

[johnnyd2020]

BUT IT WIL ONLY LAST 2 YEARS!!!!

[TheCollegePolitico]

what will only last 2 years?

[seneca67]

Collegepolitico, do you really think you're the very first person on the planet to have learned about supply and demand? What will you do as the prices continue to rise amidst increased supply? Will you finally have an epiphany and realize we are being lied to. The Saudis are doing this to prove their point. Prices are going up because domestic markets are gouging us to the max! We need to suspend futures trading and nationalize the entire domestic energy economy. Enough of this BULLSHIT!

[TheCollegePolitico]

Thats perhaps the worst idea I've ever heard. Nationalizing the energy industries? Ok Hugo...

but if you want a real solution it would be far less government, not more by any means. I don't know if you've heard of this thing called history but it has proved that fascism, communism, and socialism are all failures as economic systems.

[seneca67]

I am all about free markets. But, with regard to oil & gas, we do not have one. The Saudis have heard the Adam smith arguments too, and have decided to demonstrate something to us. We shall see in the next few days what happens. A worthy experiment don't you think? Now if the price continues to climb, or does not go down? Then what? Don't forget serfdom was an economic failure too. Oil has no right to send our economy into the toilet time and time again.

[TheCollegePolitico]

We do have a relatively free oil market. But the domestic market doesn't seem to be your gripe, In fact you seem to think the problem is the saudis and in that case I'm wondering why you think nationalizing anything in the domestic industry is going to affect anything? So, how would giving control of the oil companies to the government (the people who run FEMA, the DMV, and the IRS) make the price of oil or gas go down?

[seneca67]

To clarify: I am saying we have a serious problem with the domestic market. The Saudis have stated that they think the futures market is driving up the prices. And to test their theory they authorized an increase in production. Today was saw oil trending upwards in spite of predictions to the contrary from big oil. I am no fan of the Saudis, but this time I agree with them, and as they say; the proof is in the pudding.

[seneca67]

Regarding how? The government runs liquor stores in many states, and they are clean cool and efficient. The government can't possibly screw up the gas distribution as much as the private oil companies already have. Listen I understand your feelings about the gov, but we are at $4/gal, and if things to get back to normal nationalized gas will be the least of your worries.

[TheCollegePolitico]

Are you kidding? I live in PA... they do a terrible job of running liquor stores and managing liquor distribution. That's people will literally go to other states just to buy their alcohol. Please believe me when I say that the only thing government take overs result in is lower efficiency and higher prices. The best way the government can help is by doing everything they can to strengthen the dollar.

[seneca67]

I hear ya. Perhaps we should look at some nations that have nationalized gas, and see how there are doing for comparison? At the very least congress should repeal the ethanol blend mandate, because it is having a very bad effect on food prices. Also, have you noticed that no elected official will talk about the dollar? Neither will candidates. I wonder why?

[PatriotAr15]

Amen!

[Hisham0]

its the law of supply and demand ! simple as that ...

[bc1194]

Saudi is going to rake in the dough. there's a lot of money to be made right now.

[Ploker9]

In fact, prices are not going up because of the leak of oil.

But its because of the speculators and the weakness of the dollar.

Therefore, prices will keep going up no matter how much production has increased and that's what i think.

[TheCollegePolitico]

Those are the predominant factors, you're right. But like I said in the video if the largest producer of oil wants the price of oil to go down I think they can make that happen.

[SaveAmericaFightNWO]

its not the oil that makes the prices of gasoline go down.. its the refineries and suppliers are the truckers.. and guess what fuel those trucks need? Diesel.. so as long as all the refineries are pumping out 4-5 disel.. we'll be paying 3.50-4 bucks a gallon for gasoline. period! then you must figure in the inflation from the Federal(Private) Reserve Bank.

[SaveAmericaFightNWO]

and what you think.. is right.. it is the devalued dollar(by design) the Federal Reserve Bank is a privately-owned bank.. and everyone but the TV is telling it to the American people... sad thing is.. that WE have to tell the American people.. and they continue to watch the TV(lies)

[VenicDred]

Good points, we can only hope it makes a difference.

[787maverick]

the problem isn't production and saudi arabia alone. but even if saudis release more oil, i think that the oil companies in america chevron shell..etc will not decrease the price.

[TheCollegePolitico]

Its not the oil companies that we have to worry about... its the commodity traders. They buy and sell based on speculation and not on supply and demand. But greater demand should still affect them, we will see.

[SaveAmericaFightNWO]

you don't know jack shit CollegePolitico, you watch too much TeeVee.  I wonder.. have you seen the movie "They Live" 1988

[SaveAmericaFightNWO]

exactly Maverick!  You know the truth! keep up the good work spreading it!