Man in the street gas price reporter - - says national gas price average are about...

Man in the street gas price reporter - - says national gas price average are about to spike after seeing wholesale spot prices in Chicago and on the West Coast jump significantly off an ongoing trickle down effect from crude oil price increases. $5 pump prices are already being reported in California, Florida, and Hawaii.

Comments (8)
  • Jason Tillberg
    , contributor
    Comments (1328) | Send Message
    Someone is cutting off the deliveries.. where's our supply?

    22 Feb 2012, 02:06 PM Reply Like
  • MB
    , contributor
    Comments (74) | Send Message
    Refineries on the east coast had to shut down after their crack spreads went negative. Fewer refineries equals less gasoline.
    22 Feb 2012, 02:13 PM Reply Like
  • 2MuchDebt
    , contributor
    Comments (408) | Send Message
    Thanks Bernanke and Obama
    22 Feb 2012, 02:24 PM Reply Like
  • Swass
    , contributor
    Comments (419) | Send Message
    California, in particular, is so expensive because of the insane taxes they place on each gallon of gasoline. Hawaii, simply because of their isolation and that everything needs to be shipped there. Florida.. taxes -- not sure?
    22 Feb 2012, 02:40 PM Reply Like
  • sburger
    , contributor
    Comments (50) | Send Message
    Time to invest in electric bicycles and bus makers.

    22 Feb 2012, 03:00 PM Reply Like
  • Hubert Biagi
    , contributor
    Comments (862) | Send Message
    Let's see... for the last three years, Obama has been waging war on the oil sector, the financial sector, and the health care sector. Guess who's suffering with the consequences?
    22 Feb 2012, 03:01 PM Reply Like
  • Conventional Wisdumb
    , contributor
    Comments (1800) | Send Message
    Blame the EPA once again.


    Because there are:

    "... overlapping federal and local requirements call for different recipes in different locales and seasons, there are approximately 20 distinct "boutique blends" of gasoline sold in the United States."


    If we had one national summer blend and one winter blend, there would be way more competition amongst refiners and I bet Himmler's left nut that the price would go down as a result.
    22 Feb 2012, 03:08 PM Reply Like
  • torahislife
    , contributor
    Comments (400) | Send Message
    Obama working his magic on the Middle East to earn his Nobel Peace Prize. Nothing like high gas prices to hit lower income folks the hardest. Way to go Big O!
    22 Feb 2012, 03:23 PM Reply Like
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