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Gas prices climb to record $4.10
- Text size
Martinne Geller
Reuters
June 23, 2008
NEW YORK – Gasoline is costing U.S. drivers a record $4.10 per gallon on average, but pump prices may be at a peak and could start to come down, an industry analyst said on Sunday.
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That optimism is linked to a pledge by Saudi Arabia to pump more oil in response to consumer countries’ requests, according to Trilby Lundberg, editor of the nationwide Lundberg survey of about 7,000 gas stations.
“I suspect that oil prices have peaked and will flip further because of this news and the physical addition of more oil on the market in July,” Lundberg said. “This gives a strong chance that pump prices are peaking now, or may already have done so.”
A barrel of oil has doubled in price over the past year, stoking inflation, triggering protests from Asia to Europe, and compounding the financial pain of U.S. consumers already grappling with a sagging housing market, job uncertainty and soaring food costs.
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June 23rd, 2008 at 12:42 pm
I LOVE MY CUSTOMIZED ‘07 CHARGER WITH 380HP!
GAS IS RIDICULOUS BUT I LOVE THE SMELL OF BURNT RUBBER!
June 23rd, 2008 at 1:02 pm
pump prices may be at a peak and could start to come down, an industry analyst said on Sunday.
OK Israel / Iran / President Bush, oh yeah, and Chavez
LIGHTS!! CAMERAS!!! ACTION!!
Threats… saber rattling…oil price speculators…hit the panic button!
…and voila!!! Higher gas prices!!!
Great job everybody!!! Now take lunch and we’ll see all of you back here next week.
June 23rd, 2008 at 2:09 pm
Please change the sub line from “$4.10…stoking inflation” to “$4.10…a result of inflation,” or somthing similar. You are confusing cause and effect.
June 23rd, 2008 at 2:10 pm
I live in Upstate N.Y and I paid $4.29 a week ago.
June 23rd, 2008 at 2:18 pm
The addtional 200,000 barrels the Saudis’ are going to produce will not even make a dent…India and China may see it but not us!
June 23rd, 2008 at 2:33 pm
Gasoline prices have been at a record high for months now!! Stop driving 3 days a week and catch the public transportation or commuter trains or car-pool !! And stop taking your children to soccer games and baseball games and to the malls!! They might die but it will be worth it!! Stop taking vacations and only go to the food store once a week and shop for clothing and other things every other month and stay home and barbecue and have picnics in your back yard or apartment patio!! There are things that we can do to get these avaracious devils in their pockets!~! They are greedy dogs that can never have enough!! YET; IN HELL THEY WILL BE IN RAGS AND HOLLERING AND SCREAMING THEIR HEADS OFF BECAUSE OF THEIR MURDERS AND GENOCIDES AND GREAT THEFTS!! And their daddy lucifer will be defeated and totally powerless and chained up with them!!
June 23rd, 2008 at 4:31 pm
I’m biking to work a lot and have 2 or 3 ‘no car days ” a week. I see maybe one other bike on the way to work. I guess that means gas isn’t high enough. Google air compression cars-India. Listen to American Engine by Joe Hendrick and The Mudflaps. This song is right on the mark!!!
http://www.themudflapsband.com
June 23rd, 2008 at 7:21 pm
http://www.thereignofchrist.org
Masonic-Zionism, is the Red Dragon. (Masonry or
Freemasonry represent ‘government,’ while Zionism
represents money). This ‘association’ will be replaced by
a particular man, who is the devil incarnate. This man
remains hidden and in the background for the time being,
directing all opposition to God the Father, the God of all
Creation, as he tries to subject the whole world to his
diabolical government and money order. The present
system of world dominance by evil is most sinister to say
the least. The powers of evil are now in control of the
design, manufacturing, and distribution of weapons of
mass destruction and are so complete, that no nation upon
the earth at this time can oppose these evil powers. Today
this evil is government controlled by the angels of Satan,
tomorrow it will be Satan incarnate as stated above who
will be in control of this evil. These powers of evil
government control oil production, taxation of the
populace, and nations ‘right’ to exist, as long as those
nations submit to their particular form of ‘democracy.’ “I
heard, as it were a voice in the midst of the four living
creatures, saying: ‘Two pounds of wheat for a penny, and
thrice two pounds of barley for a penny, and see you hurt
not the wine and the oil.’”30 The penny is the smallest
denomination of money, and here it represents the poor in
their struggle to pay for the minimal goods necessary for
survival. The oil represents the power of control by evil,
and the wine represents the luxury which can only be
enjoyed by the money-powers. The evil powers forbid
anyone to tamper with their control and luxury. The entire
earth is slave to their system.
June 23rd, 2008 at 7:24 pm
Get ready for $7-$8 a gallon. What? Ya thought not? Watch. They’ve been talking about it for a few years now.
June 23rd, 2008 at 7:44 pm
Yea, joe, you got it. Gas is not high enough yet(?) I ride my bike to work, everywhere. Some people have to have their weed and pay high, have thier alcohol and pay high, have thier tobacco and pay high. Others just LOVE that car. Drive it all over, just for the fun of driving! Well, if you still have money, go for it! But remember that it is tacit approval of the scam being run on you. Same as the other things I mentioned. The point is they control these substances, and price gouge from the source. Mega rip-off artists ought to be boycotted, dontcha think?
June 23rd, 2008 at 7:48 pm
they have more money and power then they could ever spend.
imagine a $75.000.00 car.
to us 5 – 7 years payments of 1000.00 a month DEAD. to them its like spending 30 cemts.
June 23rd, 2008 at 7:51 pm
i know how u feel !
i have a 07 EVO mr i love that car…
i can afford the gas anymore.
$53.00 to fill my tank.
June 23rd, 2008 at 9:18 pm
we have to overthrow this corrupt political system before they turn us into slaves in our own homeland.
June 23rd, 2008 at 11:03 pm
Nuke the basta#ds!
June 23rd, 2008 at 11:21 pm
Take the USA war machine out of Iraq and gas prices would go back to normal in a month–not going to happen. Instead of sitting there like idiots smelling each other’s farts, why don’t you Einsteins convert your gasoline powered vehicles to run on composted methane? A ‘digester’ (high speed composter) can start cranking out methane in less than 24 hours and you can run your car for 10 cents a gallon—or you can keep filling up at the pumps and shove that nozzle up each other’s assholes as you whine about Big Oil.
http://www.truehealth.org/methane.html
June 24th, 2008 at 12:46 am
You stupid fucks who flock to the main streem media, and instantly buy these hybrid and bio fuel cars are simply helping this ecomomic slumlp. Its a simple fact that the more of you simpletons flood the market and trade in your current gas guzzlers, that you drive up the demand for your hybrids and econmy cars, driving up the supply of SUV and big rig vehicles, and as soon as you hip trend setting dip shits sway the market, gas is in less demand and higher supply, and there fore drops in price!!! Not complicated just simple economics, so quit freeking out, dont give up your ride cuz it gets less than 22 MPG, be tough, ride this out! To better your case why not start pissing in your local representatives ear and ask about you gas taxes, and quit voting for initiatives that regulate vehicle tags, but allow uncontrolled taxed on the gas. You fools are being duped, and I guarantee you state is unbelievably happy with the price you pay!!!
June 24th, 2008 at 4:05 am
Rug13y:nuke the bastards-ok if you mean DC ! the real problem ! We are going to war with Iran-as the masters will make it happen to destroy Amerika. You need to stock guns, amo, food, etc. get off grid, grow your own food. find ways to get cash to buy what you need. I have found a way.
John
June 24th, 2008 at 12:06 pm
All of it is not possible. We invade and now occupy the worlds second most oil rich country in the world and then we claim we are running out of it? It is definitely an intentional thing with the Bush family behind it and the way he plans to leave office. He also is going to spiral food prices through the roof and it will be just like when Reagan left office and that is exactly the message he is putting across. Before Reagan got out the shit hit the fan with iran contra and this is likely going to happen with Bush and friends.
June 24th, 2008 at 4:33 pm
America is so stupid that they will do nothing even if gas gets up to 8 bucks a gallon. You are the most mind controlled human beings on the planet at this time. If our leaders see what I see then its totally understandable they want to get rid of most of you
June 25th, 2008 at 6:59 pm
Just another nail in the coffin….
June 25th, 2008 at 11:05 pm
That’s the thing, if people wouldn’t be so in love with their cars (not to mention the mindless driving around without a set destination), there wouldn’t be such a gas crisis. Or are you one of those that go to the gas pump only once or twice a month? One thing is if you have no other means of transportation to get to work and back, and need to drive for many miles, but it’s a whole other issue if you really don’t need to. Driving ”just so” on a sunny day, that is really unnecessary.
Some said bycicles, yeah, it’s called exercise. Your cities wouldn’t have that ugly choking smog cover anymore either, and the cases of asthma and cancer would become fewer too. No acid rain etc…
But as things are going, you will get to see what Europe has been paying for gasoline for years. Usually 2.5 times as much as the US. That’s gas tax for you. Currently it’s around 1.8$ per liter- that would make aruond 6.5$ for a gallon. Come to a vacation here and protest against it, you’ll know what not to look forward to when you return back home.
June 26th, 2008 at 11:39 am
The oil barons which are the main part of the new world order just wants to see how far they can push American into economic chaos!! They are chaos and greedy masters anyway!! They love Americans pains and sufferings and agonies!! But once gasoline reaches $5 a gallon and more people protest; they will say “”Okay we will bring it back down to $4 a gallon and thats it. You should be glad that we are letting you off the hook with that.”" But that is how they think!! They think that they own Americans because they own our politicians who have betrayed us and have abandoned us!!
BUT THAT IS THE REASON THAT MOST POLITICIANS WILL WIND UP IN HELL!! FOR THEY ARE TRAITOROUS COWARDS AND GOD WILL PUNISH THEM FOR THE SUFFERINGS AND GREAT AGONIES THAT THEY ARE CAUSING HIS CHILDREN TO GO THROUGH!! YES; ABOUT 91% OF ALL POLITICIANS FROM EVERY CENTURY AND DECADE WILL WIND UP IN THE LAKE OF FIRE AND BRIMSTONE!! Where did I get this figure from!!?? GUESS!!