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Gasoline Prices On The Decline

Wholesale prices still dropping, meaning less pain at the pump

September 28, 2013

NEW YORK (AP) —î Gasoline prices have fallen steadily throughout September, and drivers should look forward to even cheaper fill-ups in the weeks ahead....

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(18)

daWraith

Sep-29-13 5:48 AM

But less than 4 months BEFORE the election, gasoline was at the highest price ever seen to date in the country.

Wow, some control BUSH BUSH BUSH had!!! Prices SOARED before the election and dropped after.

NOOO, little dumbasses, the offshore drilling prohibition expired and Bush refused to RENEW IT. THAT was the cause of the massive drop in prices.

Opie got into office and IMPOSED the ban again, prices took off and never came back down.

Whats it like to have a room temperature IQ? Do complete Oblivion make your life easy??

1 Agrees | 3 Disagrees | Report Abuse »

daWraith

Sep-29-13 5:43 AM

How that IDIOTIC Peak Oil Theory of crap going, GeezerDawg. That has been SOOOO discredited only a Cretin would cling to that 1955 belief.

But thats OK, you can listen to the new Frank Sinatra release on your Victrola and pontificate to the dumb***ks in Smallville.

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daWraith

Sep-29-13 5:40 AM

Whfeeling and wheezerdawg are LIARS as usual.

"The average price for one gallon of unleaded gasoline has increased nearly every month since Barack Obama was inaugurated in January 2009. At that time, when George W. Bush was leaving office, the price was $1.78 per gallon. Today, three years and one month later, the average price is $3.64

That was DECEMBER 2008, dumbasses, DECEMBER, AFTER the ELECTION.

And I was 4 cents TOO HIGH!

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whgfeeling

Sep-28-13 10:08 PM

have to agree with ohio and clue. very weak wrat.. your very weak.

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whgfeeling

Sep-28-13 10:06 PM

1.82 was two months before the election. bush showed he could control the oil but failed to do it his entire term. such a shame.

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daWraith

Sep-28-13 6:36 PM

Oil companies are crying all the way to the bank that Barry the Brainless is president.

They didn't make record profits under BUsh Bush Bush. They were losing their A%%%es at $1.82 a gallon, about $30 a barrel for oil.

Crony Capitalist SCORE under Barry Benghazi.

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WVEXPAT

Sep-28-13 5:27 PM

@ohiodem,

"Gas prices set record: 1,000 days above $3 a gallon USA Today Published: Tuesday, 17 Sep 2013"*****Bush's oil company cronies!!!! Oh wait......

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WVEXPAT

Sep-28-13 5:24 PM

Iraq. Persistent attacks on the pipeline from Kirkuk to Ceyhan in Turkey helped push disruptions of Iraqi crude oil production to 250,000 bbl/d in August, up 100,000 bbl/d from April. In addition, September maintenance at the Iraqi port of Basra could further reduce exports by several hundred thousand barrels per day. Although the Iraqi government has stated that exports will not be affected, a preliminary September loading schedule indicates a decline of several hundred thousand barrels per day.

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WVEXPAT

Sep-28-13 5:24 PM

"SUPPLY IS UP, DEMAND IS DOWN, AND PRICES REMAIN HIGH."

Speculation also plays a big part in prices. Especially during periods of instability. From the US Energy Information Administration, "Oil supply disruptions in key producing countries are up sharply:

Libya. Protests at many seaport facilities have blocked exports, and, as a result, crude oil supply disruptions averaged close to 1 million bbl/d in August, up from 0.13 million bbl/d in April. Pipeline closures by militia groups at the end of August have worsened the situation, with disruptions rising to 1.35-1.4 million bbl/d by the end of August. Nigeria. Disruptions in June on key pipelines helped curtail almost 450,000 bbl/d of production, up 100,000 bbl/d compared to May. Production recovered somewhat by August when 290,000 bbl/d were off-line.

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daWraith

Sep-28-13 3:46 PM

Clueless, wow what a genius, publish a book on your findings!

The first law economics does not WORK??!!!!!

NO, dumbass, the IRS FORCES the OIL companies to value their oil reserves at the world market price for tax purposes!!!!! They can easily lower it but as long as OPEC is out there at $100 a barrel , they have NO CHOICE!

OH BTW the CANADIANS sell Keystone Oil at about $65 a barrel to the USA.

DUH!

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daWraith

Sep-28-13 12:45 PM

OhioDUM Bush created 8.4 millions jobs in 8 years and still NET of 2.4 MILLION.

OBama has net NEGATIVE job creation number and a claimed 3 million new jobs.

Bush spend NOTHING.

Obama spent $800 BILLION to get that pathetic negative jobs numbers

FACTS: Jan 2008 employment 146,207,000

Aug 2013 144,170,000.

Over 2 million FEWER peopole working than 2008 but the population is 12 million more people!!!!

That means about 11 million MORE PEOPLE OUT OF WORK than in 2008.

FAIL!

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daWraith

Sep-28-13 12:41 PM

Ohiodum you lying sak of crap, the highest gasoline prices an average for a year were in 2012 under OBAMA OBAMA OBAMA.

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daWraith

Sep-28-13 12:40 PM

wonderwhy Jan-16-12 6:01 PM Agree | Disagree Highest gas prices in the history of the USA were 2005. It is what it is. Look it up! 0 Agrees | 3 Disagrees |

True or FALSE???

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Ohiodem

Sep-28-13 12:12 PM

duh wrat There you go again under the GWB nightmare gas reached it's all time high. It was $1.82 his last month because the economy was falling at an 8% rate and we were losing 800,000 jobs PER MONTH. Epic fail if there ever was one LOL

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wonderwhy

Sep-28-13 11:01 AM

daWraith

Sep-28-13 8:10 AM Agree | Disagree

It was $1.82 a gallon the last month of the Bush Presidency.

Now under Obama we are praying for $2.99!!!

EPIC FAIL!

LOL, yea, the last month. Very weak try duwhopper! LOL

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mikeyd

Sep-28-13 9:43 AM

on the decline until it rains.

1 Agrees | 1 Disagrees | Report Abuse »

GETACLUE

Sep-28-13 8:59 AM

SUPPLY IS UP, DEMAND IS DOWN, AND PRICES REMAIN HIGH. This is counter to the FIRST LAW OF ECONOMICS. Don't blame OBAMA, blame BIG OIL. BIG OIL IS ARTIFICIALLY INFLATING THE PRICE TO REAP HUGE PROFITS..... BIG OIL HAS HAD RECORD PROFITS FOR & YEARS IN A ROW!!!!

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daWraith

Sep-28-13 8:10 AM

It was $1.82 a gallon the last month of the Bush Presidency.

Now under Obama we are praying for $2.99!!!

EPIC FAIL!

1 Agrees | 3 Disagrees | Report Abuse »

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