Comments on: Gas Prices Hit An All-Time High

Lundberg Survey: National Average Price For A Gallon Of Regular Is $3.18

[blackbug99]

Since, BTW, almost 80 cents on the gallon is taxed to us, for roads etc. And, we subsidize the oil industry...Who, also BTW, are making outlandish profits...Why not tax them higher? Or, stop subsidies? We're paying people to take money from us.

[shanev137]

LOL...and hurricane season ain't even here yet!

[shanev137]

I hope it goes to $4.18 next week and causes double-digit commodities inflation....and I hope Exxon makes an extra $50 Billion in net profit off all you stupid people in the process.

[jumkey]

Who-hoo! Thanks Conservatives!!

A Republican oilman in the White House = sky high taxes, gas prices at record levels, endless war, huge deficits and gross mis-management at every level.

About the only thing these Republican idiots haven't given us is starvation, but it's probably next.

Brilliant! The Red States want more of the same!!!

[reel-crazy]

The earnings reports of big oil will once again break records by staggering proportions. Wait until the holidays and they have it another buck a gallon higher and then drop it down 30-40 cents and give us all a break. Greed, criminal greed at all of our expenses....

[feelfree1]

Didn't Bush once claim that if Gore was elected, we'd be paying $2 per gallon of gas?

Think how much we could have saved!

[hypnotoad72]

Wasn't the last refinery built in the US in 1976? Why were no more built? Who's been in charge of the existing refineries and allowing them to fall to pieces?

And as executives get the largest salaries because their decisions can make or break a company, surely they have some responsibility? "With property comes responsibility." - Fulton J Sheen (1895-1979).

Also, if the economy crashes, all this so-called wealth of theirs is going to mean nothing. Now there are many ways these same dudes can retain their power and status without making everyone else suffer with high prices; a spiral that's starting to go out of control: Light rail, hybrids, electric cars (the battery and motor technology has existed since the mid-1960s...). And we'll always need plastic. They will NOT be hurt to let our society move forward again.

What bothers me is how the gas prices could go down so much before election '06 and then get back up within a 6 month period of time. Quite a coincidence, but the Dems' inability (or lack of desire) to do anything about it speaks volumes too. Not that their majority is big or that anything attempted wouldn't be vetoed - after all, it's not often to have a president whose entire tenure consisted of 2 vetos - and only after the opposition party won control (by the slimmest of margins too.)

[aweym]

Gas prices are out of control. Most of us are suffering from yet another crazy expense. We can barely afford to drive ourselves to work if we make anything close to minimum wages. Just a few years ago it cost me less than $20 to fill up my tank, now it costs nearly $40 - $45. Talk about doubling your bills. It's outrageous to think that the gas companies are defending the $9.3 BILLION profit that they've made already, and think it's acceptable. People are suffering; businesses that rely on travel to conduct their business are suffering, and as a result charging more for their goods. Taxi companies are charging higher prices, grocery stores are charging more. It's a phenomenon. Where does it stop?