Oil and gasoline prices are rising

and we still are in a recession, i think we just got use to idiots in washington, time for hope and change, impeach him. insurance went up 3 times for my ki d, he couldn't afford it anymore, his wife twice, obamacare will break this country or he will tax us to death.

 

It is nothing but price fixing.  Have you noticed how in the last 4 years that Diesel has gone way beyond normal pricing?  Looking back at petroleum pricing, diesel was for more than a decade about $1.00 per gallon until the end of 2004, when it broke the $2.00 mark.  Since that time it has gone as high as $4.75 on average back in the summer of 2008, then back down to $2.00 in spring of 2009.  Since 2009 it has made a steady climb to the point that it has out priced regular gasoline by almost $.70 a gallon. It stands right now at almost $4.00 a gallon.  I understand that diesel in now processed more than it used to be with the removal of more sulphur to decrease emissions.  Other than that it is one of the easiest fossil fuels to produce.  Much easier than unleaded gasoline.  Since this is the case why are we paying $.70 more than unleaded for diesel instead of $.70 less than unleaded?  Because the markets know that we consume more diesel than any other fuel and if they raise the price on this commodity it will affect all of the economy.  We use diesel to move almost every product you buy from the brocolli being harvested in the field to the transporting of it to the store.  The big screen coming across the Pacific on a ship, to the truck that delivers it to the Best Buy.  This price fixing is the menace to all of our financial wows as the little guy.  The sad story is when we finally get a congressional leader to investigate the fraud of this price fixing.  Some petroleum producer comes along and puts some money in his/her pocket and they just stop their investigation.  Ever wonder why more that 50 % of our congressional leaders are Millionaires now, when they weren't in that financial status before they were elected?  They are all in bed with each other and we have no defense.  What will happen when the middle class is gone and the elite only have the rich to tax?  Sounds like it is a game of take what you can now and enjoy it for it will all be gone soon.

Anyone who is educated and is paying attention knows that American domestic oil producers are only interested in profits.  They want to build the Keystone pipeline so that they can more easily EXPORT North American oil in it's most profitable form for them on the world market, refined gasoline.  They don't give two hot sacks of cat snot about anything other than creating profits.  They don't care about the American consumer, they profit more from higher domestic gasoline prices, so why would they do anything to make them go down???  Anyone who doesn't understand and use this basic foundational argument in regards to oil and gasoline is watching too much TV news.  Pull your head out and think for yourself.

@ Ok, I've seen some idiotic comments on here but you are really something. FIrst of all, EPA regs have NOTHING to do with the rise in prices. The big oil companies get HUGE subsidies from the fed to offset that crap. Next, President Obama hasn't shut down ANYTHING! Domestic oil production is at it's HIGHEST level in YEARS. Much higher that it EVER was under Bush. Next, gas prices DID in fact rise to an even higher level under President Bush thank you very much, in fact, he was tied for the HIGHEST gas prices ever in the U.S. with Jimmy Carter, (that would be inflation adjusted price of course). Next, Ummm.....taxes WEREN'T raised on the middle class you idiot! Taxes were raised on people making $450,000 a year and guess what? That is nowhere near middle class. Median income in the U.S. is $50,000 We will put the blame where it belongs. It belings with a financial industry in this country that is allowed to gamble with no regulation at all, a bunch of speculators who WANT the highest possible price for oil so they can get rich and finally, with George W. Bush who promised on of the "benefits" of the Iraq war was to keep oil cheap but in fact oil prices more than DOUBLED during his presidency. You very clearly are a moron who has no clue what the hell he is talking about so how about you go to one of your right wing-nut pages where they don't give a crap about facts?

Any and every excuse possible is used so wall street can become richER!! Dont try to talk to the people like we're idiots and dont know the TRUTH!!!!!!!

When will the US declare independence from foreign oil and drill in the midwest?????

Enough of environmentalists and enough of foreign aid!

It's time for our troops to leave the Arab countries and let them solve their own problems.

Let the UN worry about the world, let the US heal it's own problems.

And they call his name "Obama", "Obama", and they call his name "Obama"!

I really think it is very sad that the news and oil companies think the general public is stupid.  The oil companies greed started the housing problem in this nation which then tanked the entire economy..why do I say that.  People bought houses that they could afford when they were paying $2/gal for gas but it blew their entire budget when it doubled to $4.  Do the exec's at the oil companies care..nope..they care only about their salary packages period. The rest of the world can go fly a kite as far as they are concerned.

Hmmm anyone remember the last time Exxon DIDN'T have a record breaking quarterly profit?