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Showing posts with label drill baby drill. Show all posts
Showing posts with label drill baby drill. Show all posts

Friday, 15 April 2011

Gasoline averaging $4 a gallon in 5 states



Now the revolution can begin. The $4.00/gallon gas price surpassed our threshold. At this point, the American people won't take any more of it.

(AP) NEW YORK-- The average price of gasoline is now above $4 per gallon in five states, and it could rise to that level in New York and Washington, D.C., this weekend.

For American drivers, the $4 mark is a grim reminder of tougher times. The last time gas prices were that high was in the summer of 2008, just before the economy went into a tailspin. Retail surveys suggest motorists are reacting to higher prices now by buying less fuel, yet the government expects pump prices to keep climbing this summer.

The national average has increased for 24 straight days, hitting $3.82 per gallon on Friday. Motorists in Connecticut, Illinois, California, Hawaii and Alaska now pay more than $4 per gallon. A gallon of regular cost an average of $3.979 in New York and $3.999 in Washington.

The rapid increase at the pump follows a parallel rise in oil. Oil, which has been rising slowly since 2009, gained momentum as the Libyan rebellion effectively shut down its exports. Crude has jumped 28 percent since the uprising began in the middle of February.

Friday, 8 April 2011

When Cuba Say They Will Drill Oil in the Gulf They Meant the Chinese



Everybody is drilling in the Gulf except for us. Price of oil skyrocketed this past week and Obama isn't doing anything about it. Telling us to trade in our car and buy a Chevy Volt is not very constructive.

Rush says when Cuba will drill off the Gulf, he meant the Chinese will drill in the Gulf

Story #8: Cuba to Drill 5 New Deepwater Oil Wells in Gulf

RUSH: "Cuba on Tuesday announced plans to drill five deepwater oil wells in the Gulf of Mexico beginning this summer, expressing confidence that its efforts will be rewarded with major new energy finds. 'We're about to move to the drilling phase,' said Manuel Marrero, an official with the government authority tasked with overseeing Cuba's oil sector." Now, we all know, everybody knows that Cuba does not have a drill. Cuba does not have a single thing. They barely have any dipsticks left to check the oil in the '57 Chevies that are sitting on the road blocks on the sides of the road in Havana. So who's actually drilling? Who's actually gonna be in partnership with Havana? It will be the ChiComs. So when it says here Cuba to drill five new oil wells, that's gonna be the ChiComs helping out. And you might have Hugo Chavez in there a bit. I mean Hugo Chavez is a big, big buddy with Fidel Castro.

Wednesday, 30 March 2011

Gasoline up 100 percent under Obama



Prepare to see a huge revolt by the American people with these absurd gas prices...

(Washington Times) Feeling pain at the pump? Gas prices have doubled since Mr. Obama took office. According to the GasBuddy gasoline price tracking web site, the price of a gallon of regular gas was around $1.79 when Mr. Obama took office. Today the national average is $3.58. The lowest average price in the continental United States is $3.31 in Tulsa Oklahoma, the highest is $4.14 in Santa Barbara, CA. Four-dollar-a-gallon gas has arrived on average throughout California, and a number of other states are headed in that direction.

Consumer price index (CPI) figures from February show an unadjusted 12 month gasoline inflation rate of 19.2%, but in the last month alone prices jumped 6.8%, probably because of oil price increases due to instabilities in the Middle East. If the trend continues, gas prices would double again within a year. 100% gasoline price inflation is nothing to brag about, but imagine Mr. Obama going into the 2012 election having to explain why gas costs $7.00 a gallon. I'm sure the White House would spin it as one of their "Green" initiatives.

Friday, 11 March 2011

Gas Prices Have Gone Up 67 Percent Since Obama Became President



DRILL BABY DRILL! Obama needs to stop blaming oil-rich nations and oil companies. Opening the oil reserves would only save us ten cents at the pump. It is time to really lift the ban on off shore drilling and let us drill because America will not buy electric cars from the GM (Government Motors)

(Weekly Standard) Ah, January of 2009. Hope was in the air, but more importantly, gas was under two dollars a gallon. Since then gas prices, have gone up 67 percent and it's an ominously upward trend. Interestingly enough, the Heritage Foundation also took a look at the first 26 months of Bush's presidency -- gas only rose 7 percent during that time frame.

Now obviously turmoil in the Middle East has something to do with our current astronomical gas prices, but keep in mind that by this point in the Bush presidency 9/11 had happened and we were on the verge of invading Iraq. So while the president can't be entirely responsible for global commodity prices, it's still worth asking what Obama's doing to make things worse.

After all, this is the President who told us "We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK.”

This is the President that appointed a Secretary of the Interior that famously said he didn't mind if gas hit $10 a gallon.

Sunday, 6 March 2011

Gas Prices Up 33 cents in Two Weeks



Come on guys! It is possible to be in denial supporting Obama, but the high gas prices could be fixed by the president very easily. We are reaching a breaking point. We are close to the $4.00 threshold. Are you fed up yet?

(CNN) -- U.S. gasoline prices increased nearly 33 cents in two weeks, the second-biggest two-week jump in the history of the gasoline market, according to a new survey of filling stations.

The latest Lundberg Survey of cities in the continental United States was conducted Friday. It showed the national average for a price of self-serve unleaded gasoline at $3.51, an increase of 32.7 cents from the last survey two weeks earlier, survey publisher Trilby Lundberg said.

The jump was the biggest since a 38-cent hike between August and September 2005. At the time, the price increase was driven by damage caused by Hurricane Katrina.

"This time around, the spike comes not from nature, but from people," Lundberg said. "The armed struggle in Libya has shocked international oil markets and here it is at the pump."
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