Comments on: Pump Prices Creep Up As Oil Records Fall

Crude Settles Above $127 For The First Time, Forecasting A Summer Of Expensive Road Trips

Add a Comment See all 112 Comments
by talkingham May 20, 2008 5:48 PM EDT
Bush is smirking all the way to his banks.
Reply to this comment
by mechanic999 May 20, 2008 5:47 PM EDT
It is tough right now, gas price affecting everythings,retailer,job market etc.I do not want to get on bicycle or any. I start forum at
http://mechanic999.freeforums.org
Its purpose is save money on gas and make car runs as efficent as possible.

We have to fight for now
Reply to this comment
by lochlan-2009 May 20, 2008 5:10 PM EDT
"Well looks like our decision to stop filling our strategic oil reserve didn''''t do a lot to bring the price of oil down."

Congress didn''t stop filling the oil reserve to allow more supply for the demand (drop prices). They did it because how much per barrel are your tax dollars paying Bush/Cheney''s oil buddies to put the oil in the reserve at a time where the people are getting p!ssed.
Reply to this comment
by perceptions5 May 20, 2008 4:58 PM EDT
Well looks like our decision to stop filling our strategic oil reserve didn''t do a lot to bring the price of oil down.

When are we going to start drilling for oil in America?

Afterall Mexico is currently drilling to the South of us and Canada is drilling to the North of us.

So why won''t the Democrats and their big donor, the environmentalists not allowing us to drill in the States?

Any thoughts????????
Reply to this comment
by noloyalisti May 20, 2008 4:21 PM EDT
The "oil crisis" is a perfect example of why we need strict government oversight of corporations. If that sounds socialist, so be it. The whole purpose of social programs is for the government and the industries they should control serve the best interests of the people.

Right now we have an out of control capitalist system that is severely affecting our freedoms, the very definition of fascism. We need to impeach and imprison the oil companies and government administration officials (same thing actually).
Reply to this comment
by oscarez May 20, 2008 4:14 PM EDT
T. Boone Pickens, billionaire oilman invests billions in new wind farm in Texas. He will be making 4000 megawatts by 2015.
Reply to this comment
by johnpatrick9 May 20, 2008 3:10 PM EDT
The oil industry is approaching its last gasp and is raping the economy as much as it can.."While America Slept" and so many stupidly voted for oil executives to lead our land into ruination and now we are a disgraced, debtor nation scattered around the countryside and dependent on oil for our absurd commutes. You only have to take note in the morning commute to see the absurdity of our way of life and the lack of leadership. What a joke on us. Try laughing when your paying $6.00 for a loaf of tranported bread. Stop voting your prejudices and start putting in "thinking" individuals rather than "good old boys."
Reply to this comment
by acolton1 May 20, 2008 3:08 PM EDT
I agree that there is NO OIL SHORTAGE there is a lot of GREED and somebody is making Billions and Billions of dollars with these prices so high. The Saudi Royal Family I am sure is makeing Billions of Dollars a Day. We do need a few more refrineries but there is plenty of OIL right now but I do think that there is a pumping capacity issue and we need to start with cars that get 35+mpg ASAP. I have a Honda Fit and get 38mpg.
Reply to this comment
by acolton1 May 20, 2008 3:04 PM EDT
American need to change and adapt to these high oil prices and Detroit needs to stop making these LARGE GAS SUCKING SUV''S.
Reply to this comment
by fryedbread May 20, 2008 3:02 PM EDT
element there is scant evidence that this is based on speculation
Reply to this comment
by element51 May 20, 2008 2:38 PM EDT
b48151....Sorry, but you are wrong. This has nothing to do with supply, it''s due to speculators bidding up the price. Even if we allowed drilling to procede in Alaska and off shore, we would have to wait years before any oil was produced. And then it would not be a significent amount. It would be good if refining capacity was increased but the price would likely not come down much if at all. Remember that any oil found would belong to the oil company that discovered it and the ppb would be the same. While I do agree that the democrats share in the blame there is still pleanty of blame to go around. It''s a real mess and I don''t know how we will solve it...but we will.
Reply to this comment
by acolton1 May 20, 2008 2:32 PM EDT
I feel I have changed and am helping global warming buy driving a LEV. Low Emissions Vehicle. I get over 35 mpg and wish everybody.
Reply to this comment
by tbweb May 20, 2008 2:29 PM EDT
President Bush, Vice President Cheaney, and Secretary of State Rice are all from the Oil Industry. Dealing with Oil issues is suppose to be their strength, since they all know the Oil World so well, the U.S. is suppose realize an advantage when it comes to Oil matters with these 3 Oil experts! So this begs the questions; why are Oil prices so high unexpectedly and unpredictably, causing havoc on the U.S. economy, suspiciously just before Summer travel season!, and why are our 3 Oil experts (Bush, Cheaney, Rice) now in public office having their heads handed to them on a platter? If they are weak in their strength category (OIL) then they must really be weak everywhere else too and maybe thats why the U.S. is suffering! This administration is suppose to control events, not be a reactive victim to events, this is the biggest failure, lost of control resulting in an Americans Citizens lost of confidence!
Reply to this comment
by acolton1 May 20, 2008 2:28 PM EDT
Lastly if I fill up the Honda Fit and top it off I can drive to and from work for almost 3 weeks without putting gas into the car. The Honda Fit is small and not for Everybody but it will fit a few kids and some stuff and If I can get rid of my Toyota Tacoma 4x4 that I loved and like the Honda Fit then anybody can do it. I drove from Kansas City to St Louis and back to Columbia without putting gas in the car. Thats the kind of mileage I am getting. I got the BASE MODLE of the Honda Fit the Sport Version just has some ground effects on it and some other stuff and is only about 1,600 more. I only wish I had Cruise Control but it has electric windows and AC and that is all I really need. I dont need all the bells and whistles, dual climate control and all that poop.
Reply to this comment
by acolton1 May 20, 2008 2:27 PM EDT
Who''s to Blame for 4$ GAS. It''s hard to imagine now, but in 1999 gasoline sold for 90 cents a gallon. How''d we get from there to $4 a gallon?
Americans need to change NOW, not in 3 or 5 years but do it NOW. I got rid of my Toyota Tacoma V-6 4x4 black on black 5 speed that I loved and owned for 9 years and got a Honda FIT. It sure took some time getting use to but the Honda Fit 5 speed has some great get up and go for a 4 cylinder and it a 1.5 liter. The Tacoma was a 1998 V-6 and it got 17 city, 21 hwy if I drove easy on it.

The HONDA FIT 5 speed gets 38mgp hwy and 34 city. It has a 11 gallon gas tank and uses 87 octane and run great on the cheap stuff. It cost me 39.71 to fill it up today. I saw on the news that the HONDA FIT has jumped 47% in sales this year. I am seeing more and more of the Honda Fit''s on the road. I now have people asking me about my car at the gas station and looking at it. It''s a mini wagon and it took me a good 10 months to get use to it from the Tacoma. Now I am laughing at these people who have to have their SUV''s, Chevy Tahoe, Lincon Navagators and the Cadillac''s with these huge V-8''s and it taking them $90+ to fill it up.
Reply to this comment
by esyrdr413 May 20, 2008 2:17 PM EDT
I, say we sell protection insurance to the oil
producing countries,much like the mafia did and
probably still do,they pay us for this strongarm
protection,by lowering the oil,so we, like them
only pay .45 cents a gallon,if they don''t comply
something bad happens to them,maybe a bomb is
released by accident, over an unoccupied area of
their country,and they know it''s us,and if they
still don''t comply we escalate,a form of mob
insurance,in a little larger scale.
Reply to this comment
by bombadil4 May 20, 2008 1:11 PM EDT
I know it''s fashionable to dump on Jimmy Carter these days, but the irrefutable fact is he proposed an energy program that with just a modicum of pain back then would have resulted in us being free of Mideast oil years ago. Unfortunately, Ronald Reagan got elected, cheerfully announced it was "morning in America again" and scrapped the whole deal. Well, it''s twilight in America now but we''ll still do little until the last scrap of oil money has been sucked into the insatiable pockets of the oil industry millionaires.
Reply to this comment
by tx2democrats May 20, 2008 12:51 PM EDT
it is time we take the oil companies away from the public and make them government run, this is the next rebellion.
Reply to this comment
by Gary Kempf May 20, 2008 12:40 PM EDT
killtheliars ;
In March and April the refineries were only operating at 81% to 85%, they also were holding back production of gas, heating oil, and diesel fuel. Then where holding back on distribution by shutting down pipelines. Between the Oil Companies and speculators we are being driven to higher prices. Last week Congress proposed/passed a bill to close the loop hole for speculators,it is now up to the house.
Reply to this comment
by killtheliars May 20, 2008 12:28 PM EDT
If you read the statements from the Suadis when Bush asked for increased production, they stated that they would increase by 300,000 barrels per day, which is nothing. The thing is they admitted it was not going to help but also said if U.S. refineries requested more oil they would increase to meet the demand. The bottom line is the refiners are not increasing the amount they refine. We should have access to know exactly what capacity each refinery is operating at. If they are below 100% they should be heavily fined, and the govt'' should go inot the refining business to make up and shortfall created by lack of refining capacity. If the oil companies don''t like it leave, but once you leave this market should be closed off to those compaines.
Reply to this comment
See all 112 Comments

Exclusive Webshow

Mike Huckabee on GOP "rock stars," 2012, health care reform and more. Watch Now

  • MOST POPULAR
Discussed
  1. Lambert: Offering No Apologies

    (471 recent comments)

Latest News
News in Pictures
Scroll Left Scroll Right
Connect with CBS News

Stay connected with the CBS News using your favorite social networks and online news applications: