Gas Prices Skyrocket Again!

Gas prices skyrocketed over 60 cents a gallon on Thursday across SE Wisconsin. From $2.67/gallon on Wednesday, gas prices averaged $3.39/gallon by Thursday night across the Milwaukee area! Gas prices in the northern Milwaukee suburbs were $3.69/gallon!

News reports blamed "shortages" caused by the October 1st switchover from summer blend to winter blend. Anticipating this oil company "shortage" line, on Monday Wisconsin's governor Doyle issued an order waiving the environmental regulations that could cause the oil companies to claim another "shortage" of gas. That doesn't seem to have stopped the oil companies from raping us once again.

Let's see, no hurricanes, crude oil prices dropping $2/barrel, yet gas prices rising over 60 cents a gallon in one day! Yep, sounds just like supply and demand to me!

I guess it DOES matter who runs this country. As evidenced by the average $1.35/gallon gasoline before 2000, and the over $3.00/gallon now, it DOES matter who you vote for. Maybe the 2006 elections will serve to vote the bums out who are serving the oil company interests and Archer Daniels Midland instead of the taxpayers.:-)

What do you mean, she was president for 8 years already

[rspahr]

Obviously it is a vast right wing conspiracy:) Voting for the party that is against more drilling (Democrats) and building more refineries makes sense to me:)

Welcome to the Carl Marx hour:) Our economy does not follow the simple economic laws of supply and demand, so the government is required to step in and regulate with price controls:)

:rotflmao:
:rotflmao:
:rotflmao:
:rotflmao:

Seriously guys, I think we have known that there was going to be a refining shortage for some time now.

I don't know if the current President has anything to do with gas prices or not, but I do think we need big brother to step up and start to regulate the price of gas. I don't know how exactly with out stepping on the oil companies legal rights, but I think something must be done to protect the American way of life.

What I don't understand, why do all of the oil companies run out of oil on the same day, causing them all to raise their prices at the same time. Seems as though they are "price fixing" the price of gasoline to propell there profits into the stratosphere.

[rspahr]

Welcome back to the Carl Marx hour:)

California regulated the price of electricity, their electric companies went bankrupt and things went downhill from there.
How did they solve their electric problems? By building more electric capacity which they had not done for quite a few years. Perhaps we can learn something from California's mistakes and solution of the problem. Or maybe we are destined to repeat their mistakes?:)

As revealed in the court documents during the Enron debacle, the California electricity "shortage" was the result of market manipulation by Enron-owned companies to drive up the cost of energy. Wonder which politicians were wholly-owned subsidiaries of Enron? Yep, the same ones who are running our country while the price of gasoline nearly triples! No coincidence here, right?

BTW, it's Karl Marx. Learn how to spell.:-)

From now on when I go fishing and don't catch anything, I'm just going to blame Bush. After all, anytime anything in this country goes wrong, that's what all the bed wettin liberals do. They sure don't have any answers to anything, but they can sure point fingers.