Consumers are paying an easy $35 dollars per barrel over what they would otherwise dole out for a barrel of oil, if fund managers didn`t use the benchmark futures contracts as their own personal ATMs.
Post Tagged with: "gas prices"
July 16, 2012 06:09
Rising prices to drag down economy
Funny how food and fuel are excluded from the inflation numbers. Consumers are getting hammered by the twin screws of inflation in food and fuel while deflation is driving down home prices and wages. Welcome to Jimmy Carter redux – stagflation. Can we afford four more years of economic suicide?
July 16, 2012 04:17
Middle Class Caught it Obama’s Green Crossfire
American families, workers and taxpayers are caught in a vicious crossfire from President Obama’s army of renewable energy, anti-hydrocarbon, anti-economic growth regulators. From the White House to Energy Secretary Chu, Interior Secretary Salazar, EPA Administrator Jackson and thousands of unaccountable bureaucrats, the administration is raising energy costs, killing jobs, stifling job creation, and turning dreams of opportunity and prosperity into nightmares for millions of Americans.
June 27, 2012 09:57
LOL! Free gas if Obama gets reelected
Jay Leno says that if a bad economy makes lower gas prices an Obama second term could mean free gas.
June 25, 2012 13:23
Global economic slowdown lowering gas prices
As demand slips from a world wide slowdown, prices drop. Is it still speculator’s fault? Has billions lost in bankrupted “green” energy companies helped? Can we afford four more years of economic suicide?
June 22, 2012 04:51
Obama’s tyrannical EPA’s insane biofuel mandate
The EPA fines oil companies for not using nonexistent product. In typical Orwellian fashion the Obama administration requires oil refiners to use cellulose biofuel that does not exist and them fines them for not using it. This is a classic example of Obama’s war on energy and radical ideology.
June 15, 2012 08:55
So you think we’re better off?
Send the chart below to your liberal friends as an assist to help them convince you what a good job Obama is doing. Ask them to pick out the line that justifies their continued support for the Buffoon-In-Chief.
May 24, 2012 16:20
Global recession means drop in oil prices
Oil is a global commodity and lower demand means lower prices. As Europe crashes, China slows down and America stalls, oil prices will continue downward followed by lower gas prices. Watch for Obama to take credit for lower prices but not the economic slowdown that is really causing the price drop.
May 9, 2012 07:02
1/3 of West Virginia Dems pick jailed felon over Obama in primary
Obama’s war on coal which is critical to West Virginia’s economy and everyone else’s electric rates may have had something to do with it. – The Hill
May 9, 2012 04:52
There’s an energy boom despite Obama’s anti-energy policies
“It’s like the gold rush,” Dow executive Mauro Gregorio said of the shale boom. “The discovery of shale gas is one of the most important events in the U.S. in a long time. It will be a winner for North America as a region,” added Gregorio, commercial vice president for Dow’s Performance Plastics unit in North America.
