What is up with these gas prices? Is America headed toward another 80s gas shortage?
479376
No.  The 80's gas shortage was caused by the Presidential order by President Carter to ration gas.  When the free market was tampered with it got screwed up because people panicked and tried to stock up on gas.  Look what happens here very carefully.  When the hurricane hit LA last year, gas prices in that area rose sharply.  Gas in the New Orleans area was selling at a premium price.  Now, if you were a gasoline dealer, and you could sell your truck of fuel in Texas for say 3000 dollars, or in New Orleans for 5000 dollars where would you sell it?  If you said New Orleans, go to the head of the class.  The price has the job of regulating consumption.  In this instance, it sent the fuel to the area it was needed most, that is the highest bidder.  Subsequently, prices rose in other areas as a result of this, and people react by buying less fuel, which increases supply, then prices come back down again.  Also, you have developing countries using gasoline at rates never before seen.  We also have a government that restricts oil exploration.  Mexico can drill for oil in the gulf of Mexico, but the USA can't, because a few special interest groups say it would be bad for the environment.  You can thank many of those groups for a good bit of the high cost.  The best thing you can do to lower prices is not buy any gas.
859698
Used to be $2.21 as I remember. I saw yesterday the gas station near my house was $2.33. The low gas prices arguement was used by the GOP as a campaign tool and now they still lost. So, it is rising again.
475568
I think that most Americans have stopped buying "unnecessary" fuel, but they are making more than enough money back off of just the necessary fuel (fuel that is needed for daily life, not all of us can walk to work/carpool)... if you have to have it, you have to have it... cuting consumption further isn't an option for most...\n\nSo what happens when capitiolism fails... seems like we are reaching that point with oil... increasing costs could have a crippling effect on our economy through inflation (especially if costs continue to go up)... is it worth it?\n\nThe reserves should have been released a while back... that's just silly, but that's also a Bush...
445516
As of yesterday it jumped 13 cents in 24 hours making it 2.69 in Florida, it makes me sick because they are just playing with us, there is no legitimate reason for these prices. The worst part of it is they say it will reach 3.50 per gallon by this summer and when that happens I will have to quit my job because it will cost me 35.00 a week just to drive to and from work, no place else just to and from work.I work part time just for extra spending cash ,my husbands job supports the household , so what's the point in my keeping the job, can't afford the gas to go any where and spend it.
1168910
There is definitely a crisis. Energy demand continues to rise much faster than supply can compensate and to top it all off we are quickly approaching the limit of all cheaply available petroleum.
586157
Fill your tanks only half full uneless you need to make a long trip.You do not need to stock Bush's & Cheeny's gas on your shelf.This will cost the oil company's $3000,000,000.00 a day and will leave only half the room in the supply tanks To but in new gas.The tankers will be stacked off the coast trying to unload.I remember coffee going to $5.00 a pound in the seventys.People stopped buying and in two weeks the price was down to $1.50 a pound.Lets go Amercians the power is in your purse's and wallets "Let's Roll"
586465
No problem "N". I'm actually in the market for a new car and I'm considering the Civic hybrid, with the current criminal Bush administration in charge of things, I foresee gas prices going up and up. Some neocon zombies will cite supply and demand, yeah right. Bush is an oil man first and formost. I can't wait for 2008. Give your horses a carrot from me :)
1120593
They are but prices for gas right now are through the roof. Try at least $3.50 for a gallon of gas. Everything is more expensive. There are a lot of locals who don't like tourist/ military here.
790990
http://www.howstuffworks.com/gas-price.htm
595004
can you lower the gas prices then please?!?!?! lol
356435
By getting the gas prices to go through the roof? That's an interesting question. \nThey said on the news today that Americans will not even consider buying a more gas-efficient car before the price of gas hits $3.5 per gallon... So I'm not sure that what's happening is really going to help.
722705
My guess is that the price of gas keeps going up because we are still willing to pay it..  even though we should all just buy bicyles.  Second hand ones can't be more than $100.  Probably not that much.  Anyways, we need the gas so we pay high prices for it.  Sort of like food.  We need it, so we pay whatever the supplier says the price should be.  Here's a thought,  how about all of us who b*tch about the price of gas, go get on welfare so we can afford to buy the gas. Hey it might happen.   Just insist that you are mentally unstable.  Which of course, has to be true because society totally sucks.
430448
I think we will probably see gas go to $3.75 a gallon this summer.  I drove to New York this past weekend and a gallon of regular gas was $2.80 and super was $3.05 (Ultra was $3.11)   I really feel sorry for all those people with their super big SUV's.  I think that as long as we keep on making these large cars that are like houses on wheels and keep paying to fuel up the prices are not going to come down...  just think what will happen if Iraq gets sanctions imposed on them by the west....
903450
First, there has never been a shortage of gas or oil, if you watch when it comes time for travelers to starting vacationing or warmer weather starts, gas prices go way up then by fall after Labor Day they go down.  We have more oil that people don't even know about.  Our Pres. doesn't want this know but we have plenty, we don't have to buy from Iran or anywhere we have enough resources in America.
300860
no gas prices should go higher!!\n\nthen maybe fat a**es will stop driving their big fat SUV's, take a bus\nand other technologies will be developed\n\nthe gov't did not create the "gas problem" people being lazy did
359868
yeah.. good point... but I'm in S.C. and we have one of the lowest gas taxes in the nation and we're still paying near $3 for it... I don't know how that works exactly... oh yeah, greedy oil bastards jack up the price no matter what
530547
Most anylists are predicting that the currrent price is the peak for the summer and that may drop slightly before the end of summer.\n\nFor info on finding cheap gas go to:\nhttp://www.gasbuddy.com/