Unease of unknown boosting gas prices

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Gas prices rose 19 cents last week. More nickels or dimes are expected this week.

Larry Lamb of Sandersville, Ga., puts $25 in gas into his truck. "It takes more than $100 to fill it up; this will get me about 100 miles," he said. Gas prices have risen 19 cents a gallon in the past week.   Zach Boyden-Holmes/Staff
Zach Boyden-Holmes/Staff
Larry Lamb of Sandersville, Ga., puts $25 in gas into his truck. "It takes more than $100 to fill it up; this will get me about 100 miles," he said. Gas prices have risen 19 cents a gallon in the past week.

"We could see anywhere from 5 to 10 cents," said Jessica Brady, a spokeswoman for AAA Auto Club South.

Prices at the pump have been on the rise since the second week of February. They spiked last week after concerns that Libya's oil exports would be disrupted became a reality.

Libya supplies more than 1.6 million barrels of crude oil a day and disruptions cut exports by about 1 million barrels, according to a AAA news release. The United States gets only 0.5 percent -- about 51,000 barrels a day -- of its total crude imports from Libya, according to the Associated Press.

"No one knows how the events will unfold in the Mideast, whether things will escalate and worsen and oil production or supply will be disrupted further or whether things will come together and start to settle," Brady said. "We really have no idea to what extent gas prices or the price of oil will be affected."

The national average price of regular unleaded gasoline is $3.35 per gallon, an increase of 19 cents from last week.

Georgia's average price increased by the same amount last week and is now at $3.28.

Last year at this time, gasoline cost $2.70 at the national level.

"Unfortunately it's a wait-and-see game," Brady said.

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omnomnom
3964
Points
omnomnom 02/28/11 - 06:27 am
0
0
FillRUp boyz

FillRUp boyz

Martinez
154
Points
Martinez 02/28/11 - 07:41 am
0
0
What about the oil "we

What about the oil "we secured" in Iraq? And why is it that when the news reports that the national average has jumped by 7 cents or 9 cents, our local stations jump between 25 and 50? Enough already! Sure, the State will call for more gouging crackdowns but who recovers money from those? the State! The last round of crack downs produced tons of fines but not a dime back to the actual consumer who paid too much at the pump.

bclicious
721
Points
bclicious 02/28/11 - 08:37 am
0
0
Martinez, I completed 3

Martinez,

I completed 3 tours in Iraq, starting in 2004. In reference to Iraq's oil, we gave it back. We have not and probably will not, ever receive any kind of discount or preference for the purchase of Iraq's oil. Currently, there are contracts set up for BP, SHELL, and 2 chinese oil companies to set up drilling operations throughout Iraq. It appears as though, those operations are all up and running; however, that does not really help America either.

bclicious
721
Points
bclicious 02/28/11 - 08:40 am
0
0
All I can say about the

All I can say about the overall high gas prices is 2 things:

1, Sign of the times folks, expect more of this to come.

2. I expect gas prices to reach $5.00 a gallon before the year is out.

airbud7
1
Points
airbud7 02/28/11 - 08:44 am
0
0
The United States consumes an

The United States consumes an average of 20 million barrels of oil per day.

Why would Libya's 1 million barrels make a differance?How much of this 1 million barrels does the USA get?

copperhead
1035
Points
copperhead 02/28/11 - 08:58 am
0
0
This was the reason obama cut

This was the reason obama cut our domestic oil production and continues to ignore court orders to lift his ban on oil production. How is this change working for you?

Chillen
17
Points
Chillen 02/28/11 - 09:34 am
0
0
Georgia has been exonerated.

Georgia has been exonerated. Our state no longer holds the distinction of producing the worst President ever. Thank you Indonesia, Hawaii or Illinois - where ever obama is from.

History will not look kindly on obama because of his decision to issue no drill permits and his decision to stop deep water drilling. He is a total disaster to this nation's economic status. Is he doing this crap on purpose?!

mosovich
809
Points
mosovich 02/28/11 - 09:45 am
0
0
This is funny.. We even at

This is funny.. We even at $5.00 a gallon have some of the CHEAPEST fuel in the world!! As far as the no drill stuff.. People raised cain when we had the BP oil disaster, but let oil prices go up a little and everyone is like "forget the gulf, take the risk, we want oil".. Oh and yeah, the President wants us all to be suffering at the pump.. That's just hilarious, kinda like a cop wants you to speed so he can give you a ticket..

copperhead
1035
Points
copperhead 02/28/11 - 09:48 am
0
0
You folks should read obama's

You folks should read obama's plybook-cloward-piven/obama. It may enlighten your view of current affairs.

badboytoys
1
Points
badboytoys 02/28/11 - 09:51 am
0
0
while back i saw on the news

while back i saw on the news the gas stations were not allowed to raise their prices until other shipments came in because it wasn't right for them to raise the price on the gas they already had because they didn't pay that much for that passed shipment.Guess that ones out the window. What a whopping profit.Guess they think people are stupid and don't pay attention.

Gov.Palin
0
Points
Gov.Palin 02/28/11 - 10:03 am
0
0
Obama said, ‘that his

Obama said, ‘that his policies would make energy prices “skyrocket”’
I guess the community organizer is real happy now.

storiesihaveread
358
Points
storiesihaveread 02/28/11 - 10:06 am
0
0
The U.S. economy can not

The U.S. economy can not handle $5.00 for a gallon of gas. We are too dependent on oil. The public transportation is none existence in the U.S. As far as getting oil from Iraq and Kuwait, we should have tankers waiting in line to fill up and make a bee line for the U.S.. All the money spent on Desert Strom helping Kuwait, and then the 2nd gulf war the U.S. went in and helped Iraq topple Saddem Hussein. As far as drilling in the gulf we as the U.S. need to start again. BUT hold the oil companies accountable for any actions that occur due to the drilling. The sad part to all of this the ones we voted for to run this country are given gas cards. They whip that card out and we as tax payers pay for it. We should take the gas cards away and let them pay for there own gas. Then they can feel the pain of filling up!!

Crime Reports and Rewards TV
33
Points
Crime Reports and Rewards TV 02/28/11 - 10:32 am
0
0
If all government gas cards

If all government gas cards were recalled TODAY gas would start coming down TODAY!! How come we always insulate our elected and tax users from the pain the people are always being stuck with? (Healthcare, gas, law, biz, loans, education) Of all people they should be in touch with reality for the sake of being able to do their jobs, not insulated from it like they are. Double standard=One set of standards for the tax payers, another completely different standard and nonexistent laws for Tax USERS.

Brad Owens
4583
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Brad Owens 02/28/11 - 10:39 am
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0
airbud7, I'm not an expert

airbud7,

I'm not an expert but here is what I think from watching it.

Libya's oil is part of the greater pool of oil produced each day. When one producer drops its levels it puts pressure on the entire market due to the supply and demand economic principle.

The world still needs the same level of oil output to run things (demand) and so when the supply of oil shrinks, the price goes up. The crude oil from Libya happens to be of a particular high quality that requires less refining than some other grades. That means this will hit fuel tanks sooner than a loss of less quality crude because it is more sought after as well. Add that to the fact Libya is still unstable and you have a perfect storm to ripple across the market; unpredicted drop in production coupled with uncertain lengths of time that production will be offline.

Now, the question to ask is why isn't OPEC upping production to keep stable low prices?

Also, if gas hits $5.00 a gallon in the U.S. you will see another surge of "alternative energy" pushes that always scare OPEC into upping production so as to keep our addiction to thier oil cheap enough to maintain.

Cheers,

Brad

signofthetimes
0
Points
signofthetimes 02/28/11 - 10:47 am
0
0
Great insight Brad. It's

Great insight Brad. It's refreshing to read a comment that doesn't display the clearly racist views of many of this paper's readers.

nadps53jrt
0
Points
nadps53jrt 02/28/11 - 10:57 am
0
0
What needs to be done to help

What needs to be done to help get gas prices down is to cut back on the use of gas. In other words, get them heavy feet off the pedal. Get the Interstate speeds down. Most states have a 70 mph interstate zones but most people run 80 mph or more. Myself, I stay at 70. If you are traveling 10 mph over the limit, you shouldn't complain about the gas prices.

Chillen
17
Points
Chillen 02/28/11 - 11:37 am
0
0
When in doubt or if you have

When in doubt or if you have nothing of substance to say, throw out the race accusation.

Newsflash. In addition to not liking obama's policies. We don't like Biden's. We don't like Pelosi's. We don't like Reid's. The whole group is a sorry, sorry lot. But, one of them is 50% black. Yea, we're racist.

Gov.Palin
0
Points
Gov.Palin 02/28/11 - 11:43 am
0
0
signofthetimes, ‘It's

signofthetimes, ‘It's refreshing to read a comment that doesn't display the clearly racist views of many of this paper's readers.
You are correct. It is very obvious that many of the liberals/socialists that post here are.

Chillen
17
Points
Chillen 02/28/11 - 11:51 am
0
0
If you want to know more

If you want to know more about the coming oil crisis. Check out a book called The Long Emergency (it's a little left leaning but it is well researched). It tells you what is going on with oil in great detail - historically, currently and in the future.

The author suggests that in 30-40 years there will be no oil left that is worth drilling for (there will be lots of oil left just not attainable oil). He says that it will take more than a barrel of oil to extract a barrel so it won't be worth it.

He is concerned because currently there is no alternative energy source worth a darn and that is cost effective. He believes we are headed for very difficult times in the coming years - as countries fight over the remaining oil - and then when it is gone we might no longer be industrialized. With approximately 7 billion people, we rely on industrialization to produce our food. What will happen? Half the world's population would starve.

Unless....a new technology is developed. Cold Fusion?

This book will make you want to buy a good bike if you don't already have one.

Dixieman
15309
Points
Dixieman 02/28/11 - 12:45 pm
0
0
Don't forget, taxes are about

Don't forget, taxes are about 50 cents per gallon.
Price changes daily due to fluctuations in cost, not conspiracy.

Just My Opinion
5704
Points
Just My Opinion 02/28/11 - 12:55 pm
0
0
From what I saw on a TV

From what I saw on a TV report, we get LESS than 1% of our oil from Libya! How can a "crisis" coming from where we get so little of our oil cause such spikes in gas?? It's all rigged, and we know it. Our government is doing nothing about it, either! The same report said that since the last time the gas prices approached $5 a gallon, there have been NO energy bills passed in Congress...none. What the hell is going on? It all comes down to money. The ONLY thing that we can do ourselves is to limit our driving habits like we did when they peaked before.

Taylor B
5
Points
Taylor B 02/28/11 - 02:11 pm
0
0
Looks like i will be curbing

Looks like i will be curbing the Corvette for a while... dont drive it much anymore anyway...

onlysane1left
216
Points
onlysane1left 02/28/11 - 02:19 pm
0
0
I'm going to sound pro-Obama

I'm going to sound pro-Obama for a minute, but when the oil spill was gushing out in the gulf, conservatives blamed Obama for not doing anything about it. After the disaster was over, he push to stop drilling in the Gulf to prevent a reoccurance, now, when the gas is high the blame goes to him once again. My question is, if Exxon, BP, or whoever has another major oil spill, are you going to blame Obama once again, or ask your lazy congress official to push for stiff penalties on the oil companies, if they cause another spill? I think more nothing and less of making the government work for you will be going on. It is truly easier to sit and blame than it is get the wrongs right!

Chillen
17
Points
Chillen 02/28/11 - 02:32 pm
0
0
Obama was not blamed for the

Obama was not blamed for the actual spill, he was blamed for his delayed response. Big difference.

He & his party are also blamed for forcing oil companies to drill in deep water (instead of shallow) or in places like Alaska. They had no action plan for a deep water spill. And spills are much more difficult to deal with in deep water. Again. Big difference.

It is easy to blame the President isn't it? (Katrina, high gas prices under Bush.......the continual daily attacks were alarming).

For some odd reason the same mainstream media & liberals who bashed Bush are giving obama a pass on the high gas prices. Now why do you think that would be? An agenda?

blakkone
72
Points
blakkone 02/28/11 - 02:57 pm
0
0
CHILLEN...Katrina was a whole

CHILLEN...Katrina was a whole different ballgame. Lives were lost during the Katrina disaster. Whats going on now is we are spending more at the pump, but no lives are lost.

Please dont compare a tragedy that will be a part of history to paying a few more dollars at the pump.

Chillen
17
Points
Chillen 02/28/11 - 03:00 pm
0
0
Was it Bush's fault that the

Was it Bush's fault that the folks who lost their lives refused to leave despite the mandatory evacuation? No, it was not. It's call personal responsibility and the ones who lost their lives seemed to be missing the gene.

Yes, you can compare the two. The parallel is uncanny.

Gov.Palin
0
Points
Gov.Palin 02/28/11 - 03:14 pm
0
0
‘It's call personal

‘It's call personal responsibility and the ones who lost their lives seemed to be missing the gene.’
They claimed they had no way to leave but on the news was hundred of school buses that were left parked at the schools and were flood.

iLove
626
Points
iLove 02/28/11 - 03:21 pm
0
0
"They claimed they had no way
Unpublished

"They claimed they had no way to leave but on the news was hundred of school buses that were left parked at the schools and were flood."

SOOooo did "they" have the keys to the buses?

alowndes
0
Points
alowndes 02/28/11 - 03:22 pm
0
0
I'll admit, I may be

I'll admit, I may be fortunate that I don't have a long commute to work and I try to run all my errands at one time. But, something really baffles me. I have a Shell/Circle K near my home and I pass two other Shell/Circle K's on the way to work. The price difference gas can range as much as .15 cents on any given day. I know the profit margine on gas is very small and they make it up in the store. I can only figure that one is losing money on gas and the other is gouging us. What other explaination is there. Someone who has the knowledge, please clue me in. Thanks

iLove
626
Points
iLove 02/28/11 - 03:35 pm
0
0
Did Bush do anything about
Unpublished

Did Bush do anything about the gas prices?

Why do some think Obama should/will? All presidents seem to be chosen WELL before the elections. What's up with the bloodline connections of most Presidents? Google it AND READ A BOOK or 2.

http://www.godlikeproductions.com/forum1/message447017/pg1

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