Have You Looked at Gas Prices Lately ?

[stewert]

Don't look now but gas prices have been slowly going up. Regular unleaded is up to $1.65 here in peoria, a few
months ago it was down to $1.30, now it's back to $1.65 a gallon.

What is Bush doing about it ?

N-O-T-H-I-N-G

What will he do about it ?

N-O-T-H-I-N-G

The gas and oil companies are gouging americans big time, they are trying to be sneaky about it by raising the
price very slowly. Funny how the economy is flat, record job losses, high unemployment, and the oil companies
are making doube and triple record profits. Yet Bush does nothing, does he know higher gas prices are the same
as raising taxes ?

Oh I forgot, all his buddies are in the oil business. Now I remember why he loves high gas prices.

----

Shell profits double
Shell has become the latest oil
company to report record
profits, thanks to the higher oil
prices in the run-up to the war
in Iraq.

The company said net profits
rose by 96% to $3.914bn
(£2.4bn) in the January to March
period, a much higher figure than
analysts had been expecting.

It means that Shell was earning
£27m a day.

Earlier this week rivals Exxon Mobil and BP each announced
record figures.

Exxon's profits more than tripled from a year ago while BP's were
132% higher.

Full Story:

http://news.bbc.co.uk/1/hi/business/2995325.stm

Exxon profits triple

http://news.bbc.co.uk/1/hi/business/2992775.stm

BP posts record profit

http://news.bbc.co.uk/1/hi/business/2984719.stm

[El Mariachi]

1. well..

with the BS going on in oil producing countries such as Venezuela, it makes sense that the prices were high...

[gandalf]

2. Unfair

Hey, now you are really unfair to Bush. You can tell a lot of bad things about Bush, but not that he is not worrying about oil (and therefore gas) supplies. After all, he just invaded Iraq! And about two years ago, he made a step towards the Caspian oil by liberating Afghanistan. What else could he do?

[northzax]

3. nope, I haven't driven my car

since May.

[tom_paine]

4. Standard Bushevik Practice

I have no doubt that the Oily Busheviks (as to distinguish them from other factions in the Junta) are paying quite a bit less now for oil now that the Iraq oil fields are now fueling the Amermacht for free and pumping the leftovers back here.

Of course the price hasn't gone down for us. Nor will it. It's the same as the Phony Energy Crisis of 2001, except that, instead of jacking up the prices to obscene levels, they just used the Amermacht to lower their prices, then sell it to us for the same price.

Yep, standard Bushevik practices at work here.

Steal, defraud, lie. If you are caught in a lie, lie six more times and people will forget about the first lie.

The Busheviks apply Trotsky's Perpetual Revolution very well.

And the ranks of mind-numbed Brownshirts are growing towards what seems to be an inevitable climax.

[RamboLiberal]

5. Oil Prices hit their highest levels since Iraq War today

this and Natural Gas prices are going to keep the economy in the doldrums IMHO. Another issue to throw against Chimpy.

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=102&topic_id=53533&mesg_id=53533

http://www.alertnet.org/thenews/newsdesk/L06645345.htm

LONDON, Aug 6 (Reuters) - Oil prices climbed to their highest levels since the Iraq war on Wednesday, bolstered by renewed worries of terror attacks and fresh concern over supplies from Iraq.

London benchmark Brent crude gained 51 cents to $30.44 a barrel, while U.S. light crude rose 53 cents to $32.75 a barrel in overnight trade.

[IndianaGreen]

6. Gas prices have been fluctuating wildly, changing almost daily

Gas was about $1.71 per gallon this past weekend, partly due to NASCAR's Brickyard 400 (it was $1.36 this past Friday). On Monday gas dropped to $1.61, and yesterday it went up again to #1.68. I don't know what it is today.

[Art_from_Ark]

7. There has been a slight decrease in this part of Japan

Gas at full-service stations is 99-100 yen/liter (including consumption tax), which is slightly down from the 101 yen/liter it was last week and the 103 yen/liter is was in early July.

99 yen/liter equals 3.10/gallon.