I assume the press will blame Bush for the high cost of gas, can´t blame Obama.

Gee, odd that prices dropped just long enough to reelect the red diaper doper baby.

And just why, exactly, isn´t Obama getting blamed for this?
Wuzzat? He´s a (D)?
Nah, that can´t be the reason.
I remember senate hearings with the previous president.

Passed a shop today, $3.999 in suburban Chicago. Sams club was at $3.57

The USA country is EXPORTING crude, not enough refineries. WHY?

How much of the hike is attributable to increasingly scarce ethanol, which thanks to the Energy Policy Act of 2005 must be included in gasoline? Congress eliminated the ethanol subsidy but not the mandate, so any increases in ethanol prices are reflected in the pump price.

Everyone should be reminded that when this lame-brain took command the price of regular gas was $1.75.

How much longer are we going to put up with this???

Art

#6 - Thanks for pointing out that the ethanol mandate was kept. The upside is intead of the hardworking subsidizing this madness with our taxes, the 47% now gets to pay their "fair share". That part I like, but its yet another example of the GOP only going half-way. The mandate should have been dumped along with the subsidy.

Prices jumped 45 cents in one week here in rural northern California. Regular is $3.98, midgrade $4.08, and supreme at $4.18.

Obama is so awesome! We don´t have to go to France for vacation, we´re all Europeans now. /heavy s

Yeah more of Obama´s hope and change, he can keep them both, We the People have had enough...!

Approaches?

I paid $4.36 for 91 this weekend.

I paid $4.59 this past weekend for regular unleaded in Santa Barbara, California. Premium unleaded was selling for $4.99/gallon.

Actually, the US isn´t allowed to export crude. They can however run it through some very simple processes and ship the products. The big problem is that no one predicted that entrepreneurs would develop the process of horizontal drilling and hydraulic fracture sufficiently to extract 1.5 million barrels a day of oil from tight formations by the end of 2012. And the refineries were prepped for getting very heavy sour crude and the light sweet crude doesn´t fit the investment. It would be nice if tar sands would finally arrive at the Gulf of Mexico, but the ditherer in chief has slowed that by at least a year. The good news is that oil from Eagle Ford has made the connection to the gulf so the east coast refineries can be supplied by ship (large barges).

you have to love it............if you are a demo or part of the left, I guess that is redundant, high gas prices is just what they dream of

#5 To my knowledge the USA does not export oil, as it is illegal to do so. There might be some limited exceptions to this, but those are due to oil not being able to reach market from where it is produced due to pipeline or other logistical issues.

It´s actually unfair that oil cannot be exported and is a subsidy from royalty owners and small producers to the large domestic refineries. Oil international prices are marketedly higher than Texas Sweet Crude for this reason.

Also, note that crude oil is not uniform. Refineries have to blend it to get the corect mix for gasoline. As a result, often there is some sort of extra type of crude that needs to go to some other market.

It´s about $4 here in California. But it isn´t ONLY gas prices...the price of everything goes up when gas prices jump. Food is ridiculously high now. $6 for a gallon of milk?? $1.32 for ONE tomato??

It is that time of year for EPA mandated fuel changes but it does seems a little early.

Remember the $8.00 a gallon of gas goal ?

Gas, food, utilities, and almost everything else is up, while paychecks are down.

Ah did not vote for that man-either time.

I have no idea whose conducting this poll but out here in certain parts of California, we have not seen gaiAt s prices so low as $4.00 a gallon in a number of years. At its peak, it was around $5.20 - $5.80... as the Dems want it wait until $8.00 a gallon is the new normal. Here in CA $4.50 - $4.75 is our new normal. People, here have lost jobs because they cannot pay the price of petrol to get to their work.

I do believe that is BO´s agenda...BK everyone into poverty so they have no jobs, no cars, no homes, no bank accounts. Confiscate property and either hand to the highest bidder or don it out to your "next best friend". = $donor. That is BO´s concept of "fair share" and "spread the wealth around".