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Energy Dept. chief says gas prices may hit record »
Posted by: STONERS 2 years, 2 months agoThe average price of gasoline in the United States might touch a record this summer because of refinery disruptions and the high cost of crude oil.
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Comments: 12
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STONERS
April 19, 2007, 11:45 a.m."We have had a number of refinery outages; we have had a run-up in oil prices," Bodman said. "The combination of those has led to concerns on my part. Not so much that we'll have shortages. I do not think so. But I worry about price."
The Energy Department's statistics and forecasting arm, the Energy Information Administration, predicted in a report this month that the nationwide average pump price for gasoline will peak in May at $2.87 a gallon. That's below last year's high of $2.98 in July, and it is about 20 cents shy of the record high of $3.067 in early September 2005, after Hurricane Katrina.
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Teagen
April 19, 2007, 8:38 p.m.We won't build new refineries because the tree huggers won't let us. We can't drill for our own oil because the nature boys claim we'll mess up the frozen tundra. Congress is more worried about 8 attorneys and spends millions on hearingds.
Here's an idea for both sides. Get off your bumms, and get to work on a real energy plan. If we can't drill, then find something else. Coal can make gas. But then again, if they actually got something done, they'd lose the talking points.
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gasoholic
April 19, 2007, 10:04 p.m.I don't care how expensive gas gets, I will not push my truck to the corner store down the street to buy my pack of cigarettes after having 6 beers while waiting for spring so I can start growing my dope in the backyard.
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Countryhick
April 19, 2007, 10:08 p.m.Like no one could see this coming , SCAM , SCAM , SCAM .
Anyone going to stop it ?
I didn't think so !
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TJinSG
April 20, 2007, 12:29 a.m.The oil companies have us by the balls. They can say and charge whatever they want, what can we do? We can yell and complain about the price of gas but we still have to buy it. We really have no choice. We have to drive to work, to the store, to the bank, to pick up the kids and on and on and on. We are dependent on oil for everything we do. Can enough people take a week off from buying oil related products to protest the oil companies into lowering prices? That will never happen. The oil moguls will keep pushing the price up to increase their profits. So what if we complain, we are still going to buy it. The oil companies can just sit back and listen, or not, while they keep getting richer. As prices keep going up all it does is force the poor who can no longer afford to buy gas to use public transportation while more and more of the average persons income is going into the pockets of the oil moguls. Bush profits from oil so why would he try to keep prices down. We are being raped.
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OldRusty
April 20, 2007, 7 a.m.The elected in office right now are responsible for the high gas prices, remember them next election day., when DC, rants and raves about petty politics amoung each other.,they are costing drivers cash money out of our pockets each day that congress sits on one thumb and sucks the other, then switches ever so often. Kick the bums out i am so sick of professional politicans sucking the citizens dry,.and wasting the tax dollars,. remember taxes are our hard earned wages.,All is not well in america right now, despite what propaganda the P>I>S>S> poor press puts out.
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DrWatson
April 20, 2007, 8:55 a.m.Do I smell Corporate greed again?
The fact is that the oil companies are contantly "restricting" fuel supplies at various times...call it a science.
How do I know?
I haul the stuff for crying out loud!!!!!
Wakey, wakey.!!!
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slyboy2
April 20, 2007, 9:48 a.m.In the last several years there have been an awful lot of "refinerie outages." Before about 4 years ago (besides Katrina) I've never heard about refineries shutting down for maintance, or stopping. With all the billions they are making it seems they can't keep there little plants from breaking. Interesting, very interesting.
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Cybnetic
April 20, 2007, 10 a.m.I AM SO SICK OF GAS PRICES!!!!! WHEN DOES THIS END. WHEN DOES THE RICH OF THE OIL COMPANIES GET THEIRS!!! WHY SHOULD THEY EARN BILLIONS OFF OF US!!!
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x0000000009
April 20, 2007, 10:30 a.m.and in other news... the gasoline companies are projecting record profits greater than any other year in just the second quarter of this year alone.
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Disulfate
April 20, 2007, 10:50 a.m.I wonder why congress is dragging their feet on imposing
an excess profits tax....the oil companies would love that.
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