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GasBuddy News Article

42
votes
Who to blame for the price at the pump? Tough to say

Politifact -- $3.84 a gallon.

Three-eighty-FOUR! For one lousy gallon, one milk jug’s worth of gasoline.

The cost of a fill-up? Don’t even get us started.

Whose fault is it?

Keystone. China. Obama. PolitiFact has heard it all. Since the beginning of this year, we’ve checked more than a dozen statements and ads about gas prices. In most every case, we’ve found politicians oversimplifying their attacks, or just plain getting the facts wrong.

Did you hear the one about the single-day gas protest in 1997 that forced prices down overnight?

Well, it never happened.

In reality, the price of gas is determined by a litany of complex and shifting factors (Brent derivatives, anyone?), few of which you’ll hear mentioned in :30-second political ads.


Read the Full Article

Submitted Apr 30, 2012 By: eromitlab
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Who to blame for the price at the pump? Tough to say Back to Topics
REPLIES (newest first) Post a Reply
Dsin44
Champion Author Abbotsford

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Message Posted: Apr 30, 2012 9:39:52 PM

yuk
shea33
Champion Author Pensacola

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Message Posted: Apr 30, 2012 9:39:08 PM

ok
DaisysMomNC
All-Star Author North Carolina

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Message Posted: Apr 30, 2012 9:36:56 PM

The rich get richer
Tucker16
Champion Author Ottawa

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Message Posted: Apr 30, 2012 9:35:13 PM

China.
Focus2
Champion Author Illinois

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Message Posted: Apr 30, 2012 9:34:59 PM

You want answers? They will tell you its complicated! But we know its greed!
stueyAZ
Sophomore Author Phoenix

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Message Posted: Apr 30, 2012 9:33:10 PM

more like Obumma and his wif :)
itsjustme719
Champion Author Hamilton

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Message Posted: Apr 30, 2012 9:33:06 PM

I agree that the single most reason for high prices is simply greed.
checkitnow
Champion Author Atlanta

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Message Posted: Apr 30, 2012 9:29:17 PM

easy answer... obummer and his war on oil
LCSTEELERBOB
Champion Author Gary

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Message Posted: Apr 30, 2012 9:29:02 PM

greed is to blame
JagXKR
Champion Author British Columbia

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Message Posted: Apr 30, 2012 9:27:11 PM

adr47 is bang on.
jtea22
Rookie Author Greenville

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Message Posted: Apr 30, 2012 9:26:22 PM

There is know way we can put the blame on one person or one particular group.When you point one finger at someone, there's three pointing back at you.
skyking19
Champion Author Little Rock

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Message Posted: Apr 30, 2012 9:24:03 PM

Global commodity trading of oil is the culprit along with increased global consumption by emerging countries.
jdc17327
Champion Author Pennsylvania

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Message Posted: Apr 30, 2012 9:23:45 PM

BS
stadlgi
Champion Author Akron

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Message Posted: Apr 30, 2012 9:23:20 PM

Same story several months ago. Wall Street needs to go away as an in-
fluence. The banks need to go away as well. We're just being 'legally'
robbed every chance they get.
SSchmidty
Champion Author Illinois

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Message Posted: Apr 30, 2012 9:22:59 PM

Of course!!!! look to pig-oil producers, pig-oil speculators and of course gov't taxes are a constant!!!!
dbecks44
Champion Author Michigan

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Message Posted: Apr 30, 2012 9:22:58 PM

I'm to blame for high gas prices. I also know the meaning of life, but I don't see any reason to tell you. Good day.
LegoVasavouchi
Champion Author Oklahoma

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Message Posted: Apr 30, 2012 9:22:30 PM

Fascinating.
warlord1
Champion Author Georgia

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Message Posted: Apr 30, 2012 9:21:41 PM

ok
g747
Champion Author Mobile

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Message Posted: Apr 30, 2012 9:20:53 PM

We need a real flash mob to hit wall st @ it's busiest times to drop prices!!!!!!!!!.
Nicoalbum
Champion Author Ottawa

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Message Posted: Apr 30, 2012 9:20:31 PM

Everything in capitalist economics is defined by profits

[Edited by: Nicoalbum at 4/30/2012 9:21:28 PM EST]
WillyG
Champion Author Cincinnati

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Message Posted: Apr 30, 2012 9:20:05 PM

I just paid $85 to fill up my car (22 gallons) Saturday.Yes, it's a car, not a truck or SUV. That's my weekly usage. I get 25 mpg.
planetmail
Champion Author Calgary

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Message Posted: Apr 30, 2012 9:17:14 PM

If the explanation was singular or simplistic then consumers would have a way to combat fuel prices. However the complicated way in which prices are "manipulated" or set is what keeps consumers from being effective in challenging or changing things.
cardjcsk
Champion Author Toronto

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Message Posted: Apr 30, 2012 9:16:37 PM

Bring ti down
gasfreak1234
Champion Author South Carolina

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Message Posted: Apr 30, 2012 9:16:36 PM

Maybe China will have an economic crash and people couldn't afford gas :O. But wait, our country manufactures everything there, so that wouldnt be good for us either.
mikaye
Champion Author Cleveland

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Message Posted: Apr 30, 2012 9:14:24 PM

does not follow supply and demand
TDIdave
Champion Author California

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Message Posted: Apr 30, 2012 9:14:22 PM

It's a world commodity. duh.
ladyeagle57
Champion Author Maine

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Message Posted: Apr 30, 2012 9:14:21 PM

Speculation and oil companies - Congress not wanting to place regulation. Senate for not voting against tax subsidies, because they get kick backs from oil companies for their campaigns.
mageetp
Champion Author British Columbia

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Message Posted: Apr 30, 2012 9:12:33 PM

A lot spin to keep prices up.
cisson
All-Star Author Sarasota

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Message Posted: Apr 30, 2012 9:08:51 PM

no one knows who is to blame
adr47
Champion Author Saskatchewan

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Message Posted: Apr 30, 2012 9:07:16 PM

Speculators and big Oil
Greed Rules
inchgallo
Rookie Author Manitoba

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Message Posted: Apr 30, 2012 9:07:09 PM

market demand and theres always a great demand
babugp
Veteran Author Philadelphia

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Message Posted: Apr 30, 2012 9:07:04 PM

blame me
Travelguy20
Sophomore Author Indiana

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Message Posted: Apr 30, 2012 9:06:10 PM

It seems like everything is to blame for high prices at the pump.
iceman11
Champion Author Ontario

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Message Posted: Apr 30, 2012 9:05:28 PM

the only thing that is running this maket is greed plan and simple
KWM2011
Champion Author Ontario

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Message Posted: Apr 30, 2012 9:04:59 PM

?
ratones1
Champion Author Los Angeles

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Message Posted: Apr 30, 2012 9:03:51 PM

POLITICIANS...
todayilearned
Veteran Author Tucson

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Message Posted: Apr 30, 2012 9:02:30 PM

There is so much going on everywhere it would be ignorant to blame anyone.
amearly
Champion Author Michigan

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Message Posted: Apr 30, 2012 9:00:59 PM

When you shutdown refineries because you can't sell the producted how is that not manipulating the market? And by not allowing more drilling on Federal lands and than turn around and push the Saudias to drill more how can you state that drilling won't help?
diegotoad
Champion Author Maryland

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Message Posted: Apr 30, 2012 8:55:39 PM

Everyone and no one. Never know for sure.
TXryder
Champion Author Texas

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Message Posted: Apr 30, 2012 8:47:09 PM

Got to be some right wing rhetoric. guesses are all incorrect instead of admission.
darkknight1
Champion Author Winston-Salem

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Message Posted: Apr 30, 2012 8:47:00 PM

I know who's getting ripped off at the pump!
swrestler
Champion Author Grand Rapids

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Message Posted: Apr 30, 2012 8:46:13 PM

Its Greed And The Speculators....
wackochick
Sophomore Author Detroit

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Message Posted: Apr 30, 2012 8:43:02 PM

The title asks whose to blame for the price at the pump? and then does nothing really to answer it. Seemed like liberal rhetoric
dollarwatcher
Champion Author Wisconsin

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Message Posted: Apr 30, 2012 8:41:54 PM

The guy who ownes the pump has the final say-so and makes the most.
computernut2008
Champion Author Ohio

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Message Posted: Apr 30, 2012 8:40:49 PM

Greed
midnightsdc
Champion Author Ontario

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Message Posted: Apr 30, 2012 8:38:27 PM

All the Geed Mungers
comprof
Champion Author Houston

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Message Posted: Apr 30, 2012 8:36:32 PM

Good, no spin, article.
N5EXY
Champion Author Austin

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Message Posted: Apr 30, 2012 8:35:12 PM

Blame Bush, of course.
rbrk02
Champion Author Rhode Island

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Message Posted: Apr 30, 2012 8:34:03 PM

dlemma, good post!
NemoIL
Champion Author Illinois

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Message Posted: Apr 30, 2012 8:30:26 PM

Our dear leader has done more to hurt us than any one else. Fuel prices will improve once he is out of office.
stephen2155
Champion Author North Carolina

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Message Posted: Apr 30, 2012 8:27:43 PM

Ok
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