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Gas Prices - News & Discussion
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Gas Prices Down 16 Cents From Last Week
By: Associated Press | NBC4i.com
Published: January 23, 2012COLUMBUS, Ohio -- Ohio gasoline prices have slid more than 15 cents from last week but remain high for this time of year. Analysts note that fuel costs remain under pressure from tension in the Persian Gulf. A survey Monday from auto club AAA, the Oil Price Information Service and Wright Express put Ohio's average price for regular-grade gas at about $3.31 a gallon, compared to $3.47 a week ago.
READ MORE: http://www2.nbc4i.com/news/2012/jan/23/gas-prices-down-16-cents-last-week-ar-906692/Posted 4 months ago # -
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AAA: Ohio Gas Prices Up 8 Cents This Week
By: Associated Press | NBC4i.com
Published: January 30, 2012Gasoline prices have jumped 8 cents from last week at Ohio pumps and are almost 30 cents higher than a year ago. The state's average price for regular was $3.39 in a survey Monday from auto club AAA, the Oil Price Information Service and Wright Express. That compares with about $3.31 last Monday.
READ MORE: http://www2.nbc4i.com/news/2012/jan/30/aaa-ohio-gas-prices-8-cents-week-ar-914826/Posted 3 months ago # -
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AAA: Ohio Gas Prices Climb For 2nd Straight Week
By: Associated Press | NBC4i.com
Published: February 06, 2012Ohio motorists are paying slightly more for gas for the second week in a row. Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express puts the average price for regular gas at $3.45 a gallon. That's up 6 cents from a week ago.
READ MORE: http://www2.nbc4i.com/news/2012/feb/06/aaa-ohio-gas-prices-climb-2nd-straight-week-ar-923101/Posted 3 months ago # -
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National Gas Prices Up 12 Cents In Past 3 Weeks
By: Associated Press | NBC4i.com
Published: February 12, 2012The average price of a gallon of gasoline has jumped nearly 12 cents over the past three weeks. That's according to the Lundberg Survey of fuel prices, which puts the price of a gallon of regular at $3.51 nationwide. Midgrade costs an average of $3.65 a gallon, and premium is at $3.77.
READ MORE: http://www2.nbc4i.com/news/2012/feb/12/new-national-gas-prices-12-cents-past-3-weeks-ar-930563/Posted 3 months ago # -
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Ohio Gas Prices Continue To Rise
Tuesday February 21, 2012 3:39 PMCOLUMBUS, Ohio - You've likely seen it, heard about it, or experienced it for yourself as oil prices have spiked to the highest level in nine months. They are up nearly nine percent since the beginning of the year. Analysts say the jump in price isn't so much a demand issue, as simply fear over a shortage, reported ONN's Denise Alex.
READ MORE: http://www.onntv.com/content/stories/2012/02/21/story-gas-prices-climbing-higher.htmlPosted 3 months ago # -
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Obama: No Magic Bullet To Lower Gas Prices
By: ANNE GEARAN | Associated Press
Published: February 25, 2012President Barack Obama says there is no easy answer to the problem of rising energy prices, dismissing Republican plans to address the problem as little more than gimmicks.
"We know there's no silver bullet that will bring down gas prices or reduce our dependence on foreign oil overnight," Obama said Saturday in his weekly radio and Internet address. "But what we can do is get our priorities straight and make a sustained, serious effort to tackle this problem."
READ MORE: http://www2.nbc4i.com/news/2012/feb/25/obama-no-magic-bullet-lower-gas-prices-ar-944426/
Posted 3 months ago # -
pedex
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News said:
Obama: No Magic Bullet To Lower Gas Prices
By: ANNE GEARAN | Associated Press
Published: February 25, 2012President Barack Obama says there is no easy answer to the problem of rising energy prices, dismissing Republican plans to address the problem as little more than gimmicks.
"We know there's no silver bullet that will bring down gas prices or reduce our dependence on foreign oil overnight," Obama said Saturday in his weekly radio and Internet address. "But what we can do is get our priorities straight and make a sustained, serious effort to tackle this problem."
READ MORE: http://www2.nbc4i.com/news/2012/feb/25/obama-no-magic-bullet-lower-gas-prices-ar-944426/
Yet official policy is doing many things to drive the price of energy upwards. Perhaps the Obama admin should admit this rather than lying about it don't ya think? "Getting priorities straight" first involves recognizing and identifying underlying causes.
Posted 3 months ago # -
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Ohio Gas Prices Rise Again, May Continue To Climb
By: Associated Press | NBC4i.com
Published: February 27, 2012Gasoline prices are up more than 20 cents from last week at Ohio pumps. The state's average price for regular gas was $3.66 in Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express. That's up 21 cents from the average of $3.45 per gallon a week ago.
READ MORE: http://www2.nbc4i.com/news/2012/feb/27/ohio-gas-prices-rise-again-may-continue-climb-ar-945907/Posted 2 months ago # -
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Gasoline hits $3.72 per gallon
February 28, 2012
By CHRIS KAHN, Associated PressNEW YORK (AP) — The price of gasoline is continuing its steady climb. Drivers are paying the highest price ever for the end of February. The national average now sits at $3.72 per gallon, up 30 cents from a month ago and 35 cents from the same time last year. Prices are highest in Hawaii, Alaska, California, New York and Connecticut.
READ MORE: http://www.usnews.com/news/business/articles/2012/02/28/gasoline-hits-372-per-gallonPosted 2 months ago # -
lifeontwowheels
Highland West
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$3.75 when I left work. I am looking forward to getting rid of the car again.
Posted 2 months ago # -
leftovers
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http://www.cnn.com/2012/02/28/opinion/sanders-gas-speculation/index.html
Wall Street greed fueling high gas prices
What's the cause? Forget what you may have read about the laws of supply and demand. Oil and gas prices have almost nothing to do with economic fundamentals. According to the Energy Information Administration, the supply of oil and gasoline is higher today than it was three years ago, when the national average for a gallon of gasoline was just $1.90. Meanwhile, the demand for oil in the U.S. is at its lowest level since April of 1997.
A decade ago, speculators controlled only about 30% of the oil futures market. Today, Wall Street speculators control nearly 80% of this market. Many of those people buying and selling oil in the commodity markets will never use a drop of this oil.
Posted 2 months ago # -
-Nick-
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leftovers said:
http://www.cnn.com/2012/02/28/opinion/sanders-gas-speculation/index.htmlWall Street greed fueling high gas prices
What's the cause? Forget what you may have read about the laws of supply and demand. Oil and gas prices have almost nothing to do with economic fundamentals. According to the Energy Information Administration, the supply of oil and gasoline is higher today than it was three years ago, when the national average for a gallon of gasoline was just $1.90. Meanwhile, the demand for oil in the U.S. is at its lowest level since April of 1997.
A decade ago, speculators controlled only about 30% of the oil futures market. Today, Wall Street speculators control nearly 80% of this market. Many of those people buying and selling oil in the commodity markets will never use a drop of this oil.
I'm no market analyst, but my assumption is they just buy it out and boost the prices with the rise in stocks as they expect a mental boost from the public in traveling AKA buying fuels as it portrays a "stronger economy", and then obviously the side dishes of businesses with rising stock investing more into their business infrastructure which obviously incurs excess fuel costs across the board for whatever miscellaneous reasons you can come up with for a given business.
Posted 2 months ago # -
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Gasoline prices are surging, but experts think the economy can handle the blow
By Associated Press,NEW YORK — The price of gas has jumped 45 cents since Jan. 1 and is the highest on record for this time of year, an average of $3.73 a gallon. On Wall Street, talk has turned from the European debt crisis to another worry: Will higher gas prices derail the economic recovery?
READ MORE: http://www.washingtonpost.com/business/economy/gasoline-prices-are-surging-but-experts-think-the-economy-can-handle-the-blow/2012/02/29/gIQAlgShiR_story.htmlPosted 2 months ago # -
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Gas Prices Climbing Toward Highs Hit $3.74 In Ohio
By: Associated Press | NBC4i.com
Published: March 05, 2012Ohio gasoline prices continue their climb toward the $4 mark. The average price for regular gas is $3.74 in Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express. That's up 8 cents from a week ago, when the average was $3.66.
READ MORE: http://www2.nbc4i.com/news/2012/mar/05/gas-prices-climbing-toward-highs-hit-374-ohio-ar-953589/
Posted 2 months ago # -
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Pump prices rise again; oil prices waver
By Sandy Shore, AP Business Writer | Associated Press
Mon, Mar 5, 2012 1:09 PM ESTThe average price at the gas pump pushed toward $3.80 per gallon Monday as oil prices remained stubbornly high because of tensions tied to Iran's nuclear program.
READ MORE: http://finance.yahoo.com/news/pump-prices-rise-again-oil-164234568.htmlPosted 2 months ago #
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