Who Do You Blame For The Spike In Gas Prices?
Ask 10 different people and you might get 10 different answers as to why gas prices have spiked sharply in September.
The facts are indisputable.
According to NewHampshireGasPrices.com, the average price for a gallon of gas in Massachusetts is presently $3.88.
For a list of the gas stations in Salem selling the least expensive fuel, click here for our Commute Page.
Ask 10 different people to explain the cause of the off-season spike and you might get 10 different answers. Some have blamed OPEC, while others have blamed big oil companies. A recent rash of severe weather has been seen as a cause by some people, as have the energy polices and proposals of one political party or another. Still other people have blamed oil speculators on Wall Street.
But we want to know what YOU think. What do you believe is the cause for the recent spike in the cost of gasoline and do you think it has topped out or do you expect it to climb even higher over the next several weeks?
Reggie
3:38 pm on Friday, September 21, 2012
Obama
Chris Cahill
3:53 pm on Friday, September 21, 2012
Supply and Demand...
Timothy Harden
6:51 pm on Friday, September 21, 2012
$1,212 What Obama costs the POOR per year.
Gas prices have gone up and is the same as a TAX
Now 3.86
Then 1.84
Increase 2.02
Average miles per year 15,000
Average miles per gallon 25
Gas used per year 600
600 times 2.02 equals $1,212
Tom Linehan
7:44 pm on Friday, September 21, 2012
Supply and demand according to analysts shows crude oil should be about $80 dollars a barrel. Slow world growth is keeping crude prices from rising. Uncertainty over oil supply according to the same people adds another $10 to $20. That is the speculation part but just on crude prices. Refineries have markets and issues of their own.. By the way Obama has restricted leases on government lands. The private land development is the source of almost all of the new oil. So there are lots of reason. Personally if you want to keep oil prices down in the long run there is no substitute for increased drilling and infrastructure. Obama has restricted expanding drilling on government land as well as well known blocking of infrastructure improvements as well as what some say is over regulation. If you are looking for the Reader's Digest version, it does not exist. But here is a good summary "http://www.api.org/aboutoilgas/upload/oilprimer.pdf"
Soujourner Truth
8:37 am on Saturday, September 22, 2012
I blame federal policies that have showered tax incentives on oil and gas companies and ignored alternatives. There are few realistic choices for the US consumer now, so these corporations can name their price.
Timothy Harden
8:56 am on Saturday, September 22, 2012
Incompetent/ineffective/misguided energy policies of President Obama.