The speculators are at it again......go away speculators.......

The article says "starting" to rise. Last week the price of gas here went from $3.22 per gallon to $3.55 in one day. That's a big start alright.

Are those the same speculators that drove the price of gas down over the last month or so??

no, lack of speculation makes the price fall, albeit very slowly !!!

The Iranian rhetoric is giving them some fuel to hope for higher prices again.

Starting? More like jump starting. As with others, steep rise here. At the cheap station, went from 3.19 Friday to 3.34 Sunday.

I watched the gas prices go lower..was three cent every third day down..now that its going back up.. its six cent every third day up.....up is suppose to be harder for most things and down is easy..not with gas..its the reversal as always!

It's amazing how slowly they tick downwards, but make huge jumps when climbing.

Gas went up .25 in my area literally overnight. Regarding those hated oil speculators, they are made up of banks (domestic & foreign) numerous multi-national corporations, and foreign governments including many oil producers.

Such a diverse bunch is impossible to control and many times the speculation (up or down) is driven for political reasons more than economic reasons.

We are hapless pawns, nothing more.

The story still didn't explain why gas prices are rising even though oil prices are still lower or steady. Could it be that the oil companies are slowing down their refining in order to create an artificial drop in gas supplies(as usual)?

The USA is going to WAR...that's why...pick a country..your choice!

Wait until after the election, gas prices will go much higher.

So sick of being raped by the oil companies. They really don't care about anyone but themselves. Greed has no limit.

Satanick....."Washington saw the prices drop just in the last 3 weeks...I'm sure this area will be the first to see the higher prices. I better fill up tomorrow."

TOO LATE !!!

Price just went up .05 gal to $ 3.749/gal. Expect the price to rise by about .20 /gal by the weekend.

Better luck next year after Mr. Obama is sent back to Cheeeecago.

All through 2007 and 2008, the obama campaign said gas prices were controled by the white house. Maybe higher energy prices will improve the economy. That's it , I'm sure of it.

quit blaming just the big bad oil companies for the prices. there are many factors and alot of them have to do with the governments. Iran talking anbout blocking the straights to cause supply problems in retaliation of embargo's. The Us with so many regulations including things such as fining oil refineries for not using cellulosic biofuel which have not even been developed or produced. They do not exist yet companies are being fined for not using them, another great rule by the epa. Ethanol which is more expensive to produce, uses the food supply leading to higher food costs and feed costs for animals, it produces less energy per galloon and is actually bad for your cars as it 1

1. attracts water

2. has a 30 day life before starting to seperate and cause stale gas.

3. burns hotter then gasoline damaging internal componets like heads and pistons

4. eats away at seals and gaskets causeing them to fail sooner.

Then you have to take into account that it is mandated that the produce different "blends" of fuel for each state and in some cases each county.It is also mandated that they have different "blends" for summer and winter" The fees for licenses are rising and the epa continues to block attempts at building more refineries, permits for drilling on "federal land" hav e been going down. and they keep adding more and more taxes on the price of both finished gasoline and the collection and refining of it.

Many of you need to learn all the downsides to Ethanol and the damage it is doing including higher prices ( it was not cheap all the infrastructer needed to be built just to add it to gas) of gasoline, higher feed costs and higher grocery costs due to feed costs for animals and the reduction of corn for consumption, and the lower fuel economy you receive in each gallon of gas. It also leads to more engine problems, many of you may notice problems with your cars more during winter or summer due to the "blend" of gas during these times.

It's nothing more than a game: Gas prices drop a few pennies at a time over the 75 days from about $3.75/gal to $3.33/gal in my area, then rise up $.10 - $.15 a week destroying any progress made over 3 weeks time. The raping & pillaging of consumers continues...

It's not doing better, and the strait of hormuz is not being barricaded.

Go away speculators.

And consumption is down since no one is mowing their lawn.

One way to stabilize gasoline prices at a reasonable level is to take away OPEC pricing power and rein in speculator volatility. Make the speculators put more of their own money in, that will reduce volatility. Get hybrid, EV and synthetic fuels to reduce OPEC pricing power.

We can stop buying it, that will lower the price. It's not realistic but it would work.

red

Consumption has gone down. But the prices still go up.

flno,

You're right. Yet people still spew the supply and demand argument.

Just like Bush did before his 2nd election year...

opinion

whatever Obama can do to suppress the gas prices, he WILL!

No president has had any real control over the price of gas. The speculators buy and sell more oil/gas in a day then is produced in a month. And they use very very little of their own money to do it with too. If they had to pay full price to do it, there wouldn't be such big fluctuation in the price.

P.S.

They should have to keep what they buy until it is delivered. That would cut down on some of that sh@t.

Speculators should be required by law to take "physical delivery" of the commodities they buy. That would deflate the bubble real quick. I dont think they want oil storage tanks sitting in Jersey & CT where them sort of folks live. So they wouldnt jerk the prices around then if they had to have the stuff sitting in their back yard!

As a liberal don't you want gas prices to go up? What about all those cars driving around polluting.

I only want the price of gas to go up for you. The rest of us should not have to feed the oil speculators.

You guys have such a long supply line you're @!$%#ed right out of the gate.

Oil and gasoline are world wide fungible commodities. If you put more oil and gasoline into the world supply, prices should reduce for everybody. The U.S. is now a net exporter of gasoline so your argument about the Keystone pipeline taking supply out of the U.S. is incorrect. Of course, Democrats don't want to talk about the fact the corporations employ people and that somebody other than corporate CEOs benefit when a corporation is able to make a profit. If you struck oil in your backyard, how much would you charge for a barrel? Would you charge the going world wide rate, or much less than the going rate? Hopefully you answered "much less", otherwise your no better than those damn greedy corporations that you hate so much!

All oil should be nationalized and treated as a utility world wide. It is beyond stupid to have a commodity who's pricing affects all other commodity pricing allowed free reign on world markets. When the price of milk or beer goes up you don't see it affecting how much you pay at the pump. Not true for oil - it goes up and everything else follows.

Yeah Cheshain...how do I block all MSNBC stories about gasoline and oil prices? :)