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Gas Prices Rising And Rising Thursday, March 27, 2008
KTIV News Channel 4 -- Gas prices are expected to hit 4-dollars a gallon in some parts of the U.S. by Memorial Day. Here in Siouxland, gas prices have stayed above three-dollars for about a month now with diesel prices inching towards four bucks. So what can be done, if anything? Everyday, the U.S. consumers use 20 million barrels of oil. That's a quarter of the world's over-all consumption. Economists at the University of South Dakota say demand for oil has increased in recent years due to the growth of India and China.
Visit KTIV News Channel 4 for full article

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JT Moderator	Message Posted: 3/27/2008 10:48:06 AM	Ignore JT Report Abuse
	Thursday, March 27, 2008 KTIV News Channel 4 -- Gas prices are expected to hit 4-dollars a gallon in some parts of the U.S. by Memorial Day. Here in Siouxland, gas prices have stayed above three-dollars for about a month now with diesel prices inching towards four bucks. So what can be done, if anything? Everyday, the U.S. consumers use 20 million barrels of oil. That's a quarter of the world's over-all consumption. Economists at the University of South Dakota say demand for oil has increased in recent years due to the growth of India and China. Visit KTIV News Channel 4 for full article

REPLIES (newest first)		Page: First Prev [ 1 ] 2 3 4 Next Last

POLELANE All-Star Author Ohio Posts:512 Points:45,275 Joined:Mar 2008	Message Posted: 3/28/2008 4:32:07 PM	Ignore POLELANE Report Abuse
	ANWR; WASN'T THAT SADAT's name??
kingdick Champion Author Minnesota Posts:16,300 Points:1,334,970 Joined:Aug 2004	Message Posted: 3/28/2008 1:52:38 PM	Ignore kingdick Report Abuse
	I just bought a new LCD HDTV. Had to buy a top line Sony V series to get the quality I wanted, would have bought a USA made RCA but walmart destroyed them in the USA. Now RCA is just junk.
kingdick Champion Author Minnesota Posts:16,300 Points:1,334,970 Joined:Aug 2004	Message Posted: 3/28/2008 1:45:29 PM	Ignore kingdick Report Abuse
	----------------------------------- The Walmart effect is a major reason why we are in this fuel crunch. Send our jobs and money to china make them rich and up the demand for fuel. ----------------------------------- We reduce our demand but china and india increase at a far greater rate. ----------------------------------- Anyone that buys walmart JUNK and thinks it is the same quality needs to do more thinking. -----------------------------------
kingdick Champion Author Minnesota Posts:16,300 Points:1,334,970 Joined:Aug 2004	Message Posted: 3/28/2008 1:44:01 PM	Ignore kingdick Report Abuse
	----------------------------------- There are areas on the north slope that are open for lease outside of ANWR that no one is drilling, use those areas. -----------------------------------
kingdick Champion Author Minnesota Posts:16,300 Points:1,334,970 Joined:Aug 2004	Message Posted: 3/28/2008 1:43:04 PM	Ignore kingdick Report Abuse
	TBLGYN ----------------------------------- I would rather pay $40 more per year in gas tax and have the roads repaired than buy $230 worth of tires because of bad roads. Lost a tire (cut on a pothole) on my truck twice in the last 10 months. -----------------------------------
pgerassi Champion Author Wisconsin Posts:1,589 Points:353,990 Joined:Apr 2007	Message Posted: 3/28/2008 1:31:52 PM	Ignore pgerassi Report Abuse
	The prices will fall as the recession deepens and spreads to the world.
rdk22 Sophomore Author Wilmington Posts:195 Points:48,805 Joined:Jan 2005	Message Posted: 3/28/2008 11:33:42 AM	Ignore rdk22 Report Abuse
	I am sure TomT2Lee is just joking about buying a horse, but there was a story about the drought in the Southeast in which people with horses are giving them up because the drought makes it too expensive to keep them. Watering the horse is expensive and the feed and hay is more expensive due to the drought and due to fuel prices increasing the cost of farming. Maybe horses are not the answer either. We can't go back because we got rid of the horse infrastructure.
Grebe Sophomore Author Wisconsin Posts:238 Points:892,180 Joined:Feb 2003	Message Posted: 3/28/2008 11:02:30 AM	Ignore Grebe Report Abuse
	The article advises "Economists say it's a simply supply and demand equation. Bring demand down, prices will follow. Last week, U-S gasoline consumption dropped by 3-percent". The fact of the matter is that demand has come down, but then the refineries "tinker" with production to keep the price artificially high by limiting supply.
TBLGYN Sophomore Author Twin Cities Posts:168 Points:673,305 Joined:Apr 2001	Message Posted: 3/28/2008 10:50:01 AM	Ignore TBLGYN Report Abuse
	Our stupid state is adding another nickel on to our gas tax. Don't look to the gov't to do anything right. Drill ANWR, Build more nuke plants.
exmetro49 Rookie Author St. Louis Posts:53 Points:11,750 Joined:Dec 2007	Message Posted: 3/28/2008 10:42:15 AM	Ignore exmetro49 Report Abuse
	how rich can we get
Alexandra1973 Veteran Author Ohio Posts:332 Points:44,580 Joined:Jan 2008	Message Posted: 3/28/2008 10:38:32 AM	Ignore Alexandra1973 Report Abuse
	Oh yeah, $4 by the time the "driving season" begins. Of course.
w4kh Champion Author Riverside Posts:3,090 Points:530,340 Joined:May 2004	Message Posted: 3/28/2008 10:34:53 AM	Ignore w4kh Report Abuse
	Well, it IS a global market, and lots of new players are competing for the oil... and the US dollar is weakening, so the price to us is going up and up and up... I wonder if "W" has considered the impact of his 3/4 TRILLION DOLLAR war in Iraq on the value of a dollar... I doubt it, and besides, Dick Cheney still has his hand in "W"'s back making his lips move
Cuzilla Champion Author Indianapolis Posts:5,082 Points:831,645 Joined:Sep 2005	Message Posted: 3/28/2008 10:33:35 AM	Ignore Cuzilla Report Abuse
	Prices will fluctuate but the trend is up!
Somis1 Champion Author Ventura Posts:3,880 Points:883,620 Joined:Jul 2005	Message Posted: 3/28/2008 10:32:45 AM	Ignore Somis1 Report Abuse
	If only the U.S. could conserve, but it's not going to happen.
kruk Veteran Author London Posts:258 Points:127,460 Joined:Jan 2007	Message Posted: 3/28/2008 10:26:08 AM	Ignore kruk Report Abuse
	Wow, and couple days ago Bush in his speach said that everything is the way it should be ???? is somebody missing something. ???
gasman50 All-Star Author Portland Posts:537 Points:638,530 Joined:Nov 2005	Message Posted: 3/28/2008 10:22:47 AM	Ignore gasman50 Report Abuse
	And the news is...........?
amazonangel Rookie Author Louisiana Posts:5 Points:455 Joined:Mar 2008	Message Posted: 3/28/2008 10:22:32 AM	Ignore amazonangel Report Abuse
	LOL
thomas41546 All-Star Author Tennessee Posts:750 Points:600,105 Joined:Oct 2005	Message Posted: 3/28/2008 10:21:48 AM	Ignore thomas41546 Report Abuse
	I am not walking two miles to the store to save 30 cents.
amazonangel Rookie Author Louisiana Posts:5 Points:455 Joined:Mar 2008	Message Posted: 3/28/2008 10:18:59 AM	Ignore amazonangel Report Abuse
	My son is a marine in Arizona.He will probably fly home to visit.But if he gets stationed closer,i got him a mazda miata.I drive it and it gets 36 mpg.I also have a truck and it stays parked.i walk to the store.its only 2 miles away.I do feel for the elderly.They cant decide whether to pay their light bill,pay for medication,eat or pay for gas to get groceries or pay bills.I wish i could go into town for all of them.They cant walk 2 miles into town.
Rivermedic Veteran Author Fort Worth Posts:333 Points:60,455 Joined:Mar 2008	Message Posted: 3/28/2008 10:15:29 AM	Ignore Rivermedic Report Abuse
	Then why have they reported just the opposite over the last week? It sales!
AC-302 Champion Author Los Angeles Posts:6,321 Points:1,127,350 Joined:Aug 2004	Message Posted: 3/28/2008 10:13:43 AM	Ignore AC-302 Report Abuse
	Old news, really...
Lovelee All-Star Author Detroit Posts:818 Points:265,255 Joined:Mar 2007	Message Posted: 3/28/2008 10:13:21 AM	Ignore Lovelee Report Abuse
	"AAA prdicts gas prices could rise an quarter of a gallon in the next few months". Last line of the article. ?????????????????????????
woos777 All-Star Author Washington Posts:642 Points:478,205 Joined:Sep 2006	Message Posted: 3/28/2008 10:12:32 AM	Ignore woos777 Report Abuse
	Gee, that's awful.
The_WB Champion Author Detroit Posts:2,535 Points:300,450 Joined:Apr 2007	Message Posted: 3/28/2008 10:11:25 AM	Ignore The_WB Report Abuse
	And this is a surprise?
GAC1Shirt Veteran Author Georgia Posts:337 Points:299,665 Joined:Sep 2006	Message Posted: 3/28/2008 10:11:06 AM	Ignore GAC1Shirt Report Abuse
	Shoot for a 50% improvement in mpg in your next vehicle!
s6sputnik Champion Author Austin Posts:1,248 Points:254,535 Joined:Jun 2007	Message Posted: 3/28/2008 10:09:16 AM	Ignore s6sputnik Report Abuse
	I am driving down hill only these days :)
fairchildd All-Star Author Kansas City Posts:543 Points:198,710 Joined:Aug 2007	Message Posted: 3/28/2008 10:07:25 AM	Ignore fairchildd Report Abuse
	be still, my beating heart.
Zinnoil Champion Author Illinois Posts:10,666 Points:1,322,845 Joined:May 2004	Message Posted: 3/28/2008 10:02:29 AM	Ignore Zinnoil Report Abuse
	Apparently we should fill up today.
TomT2Lee All-Star Author Cincinnati Posts:642 Points:511,735 Joined:Sep 2005	Message Posted: 3/28/2008 10:01:47 AM	Ignore TomT2Lee Report Abuse
	Buy a horse now!
markmoore80 Veteran Author North Carolina Posts:394 Points:196,385 Joined:Apr 2004	Message Posted: 3/28/2008 9:56:27 AM	Ignore markmoore80 Report Abuse
	What gas prices rising... when did this start... I haven't heard anything... does anybody know why?
mb65 Sophomore Author Michigan Posts:126 Points:438,995 Joined:Apr 2005	Message Posted: 3/28/2008 9:55:58 AM	Ignore mb65 Report Abuse
	don't have a lot of choices, buy gas or walk....
Doc2BIG Rookie Author Texas Posts:17 Points:35,375 Joined:Jan 2008	Message Posted: 3/28/2008 9:52:34 AM	Ignore Doc2BIG Report Abuse
	As long as we pay it'll climb.
mb65 Sophomore Author Michigan Posts:126 Points:438,995 Joined:Apr 2005	Message Posted: 3/28/2008 9:52:21 AM	Ignore mb65 Report Abuse
	And this is something new?
Chazzer Champion Author Nevada Posts:7,150 Points:1,546,960 Joined:May 2002	Message Posted: 3/28/2008 9:50:22 AM	Ignore Chazzer Report Abuse
	Of course they are rising. They will keep rising because they can. Whatever the market will bear!
scrounger Champion Author Vancouver Posts:5,365 Points:1,503,785 Joined:Mar 2003	Message Posted: 3/28/2008 9:49:55 AM	Ignore scrounger Report Abuse
	and will rise more and more and more
Nasack04 Sophomore Author Pittsburgh Posts:127 Points:14,185 Joined:Mar 2008	Message Posted: 3/28/2008 9:46:46 AM	Ignore Nasack04 Report Abuse
	don't understand why they keep rising if oil is going down
bluebird1 Champion Author Toronto Posts:6,360 Points:1,304,845 Joined:May 2004	Message Posted: 3/28/2008 9:46:27 AM	Ignore bluebird1 Report Abuse
	Unfortunately I don't think this is a bubble to burst & prices decline. $4 gas is nothing compared to here in Ontario where we're already just under $5 /gal. Cdn. I just hope it doesn't reach $6 in the spring run-up.
trojanbuck All-Star Author Dayton Posts:520 Points:115,270 Joined:Aug 2007	Message Posted: 3/28/2008 9:45:42 AM	Ignore trojanbuck Report Abuse
	This article courtesy of the marketing department at Exxon/Shell/BP/Mobil/etc. It's not big oil's fault, it's the consumer causing this problem. Bulls**t!!!!!!!!
onethumb All-Star Author Hamilton Posts:796 Points:287,705 Joined:Mar 2006	Message Posted: 3/28/2008 9:45:13 AM	Ignore onethumb Report Abuse
	Are you smarter than a 5th grader?
radrunner Veteran Author Toronto Posts:307 Points:873,965 Joined:Apr 2004	Message Posted: 3/28/2008 9:45:03 AM	Ignore radrunner Report Abuse
	we actually went down today
pandarisuresh Sophomore Author New Jersey Posts:183 Points:101,915 Joined:Oct 2007	Message Posted: 3/28/2008 9:42:38 AM	Ignore pandarisuresh Report Abuse
	Good
amearly Champion Author Michigan Posts:3,030 Points:671,565 Joined:Jan 2006	Message Posted: 3/28/2008 9:41:58 AM	Ignore amearly Report Abuse
	Just whai for the bubble to burst.
pandarisuresh Sophomore Author New Jersey Posts:183 Points:101,915 Joined:Oct 2007	Message Posted: 3/28/2008 9:40:23 AM	Ignore pandarisuresh Report Abuse
	Good
mrpc90 Champion Author Illinois Posts:1,066 Points:256,550 Joined:Dec 2004	Message Posted: 3/28/2008 9:39:34 AM	Ignore mrpc90 Report Abuse
	yawn. What else is new?
USM1978 Rookie Author Mississippi Posts:45 Points:24,575 Joined:Feb 2008	Message Posted: 3/28/2008 9:38:55 AM	Ignore USM1978 Report Abuse
	When all is said and done, we3'll be wising for $3.00 gas. We had a missionary in our church last night that has been to Ireland. Gas prices there average over $7.00 per gallon. Are we headed there?
Magnum0829 All-Star Author Jackson Posts:565 Points:284,265 Joined:Oct 2005	Message Posted: 3/28/2008 9:37:58 AM	Ignore Magnum0829 Report Abuse
	What can be done? Bend over.
titanfan93 Veteran Author Tennessee Posts:436 Points:461,010 Joined:Sep 2005	Message Posted: 3/28/2008 9:36:58 AM	Ignore titanfan93 Report Abuse
	There may be a little price war starting in Columbia, Tennessee. A new BP station opened with gas at 3.10/gal. Down from 3.19/gal. Many of the other stations are begining to follow.
BlueBike Champion Author San Jose Posts:1,802 Points:405,925 Joined:Feb 2007	Message Posted: 3/28/2008 9:36:55 AM	Ignore BlueBike Report Abuse
	Nothing new.
unclebobMO Rookie Author Missouri Posts:39 Points:31,790 Joined:Mar 2008	Message Posted: 3/28/2008 9:34:11 AM	Ignore unclebobMO Report Abuse
	Sounds like more of the same news to me. Guess we'll just have to get used to it.
rvnvet70 All-Star Author Michigan Posts:940 Points:812,010 Joined:Sep 2005	Message Posted: 3/28/2008 9:33:02 AM	Ignore rvnvet70 Report Abuse
	We will pay whatever the price.

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