"Oil price nearly twice that of Jan. ’09" by Associated Press | January 5, 2010
NEW YORK - Oil started the new year trading above $81 a barrel, almost double what it fetched at the beginning of 2009 even though the United States is using much less.
Because YOUR DOLLAR is DYING, America -- and the MSM is obfuscating that fact. No more LAW of SUPPLY and DEMAND or FREE MARKET for you!
You're fate now rests in the hands of the Federal Reserve and the printing press. You know, the ones who destroyed your currency and economy.
Prices, which have been propped up by a weak dollar, will get even more support as winter weather chills the country.
Man, could we use some nonexistent global warming!
Of course, that slyly-worded paragraph doesn't really tell you PRICES WENT UP because your DOLLAR is WORTH LESS -- it's "weaker."
China and other developing nations are using more crude to fuel their burgeoning manufacturing industries, and that can push US prices higher, as well. Gasoline, heating oil, and other fuels are already heading higher and may continue to do so as the market tests how much people are willing to pay, analysts said....
That means YOU, American.
Natural gas has surged as snow and frigid temperatures sweep through the United States.
Meanwhile, pump prices for gasoline continued to climb, adding less than a penny overnight to bring the national average to $2.663 yesterday, according to AAA. That is a couple cents more than last month and about $1 more than last year at this time....
Because YOUR DOLLAR is WORTH LESS, America!!
The SUPPLY INCREASED and DEMAND WENT DOWN so prices should have DROPPED!!
The reason prices are "up" is because YOUR DOLLAR'S PURCHASING POWER is DOWN!!!
--more--"
Related: Rising expenses make sound budgeting and planning even more crucial
NEW YORK - The cost of filling up the gas tank is rising in the aftermath of soaring crude oil prices, and by this weekend pump prices will probably race past the highs for all of 2009....
Translation: Your DOLLAR is DROPPING, America.
It’s part economic and part meteorological.
PFFFFFFFFFTTT!
WHY can't they TELL the TRUTH, readers?!!
Vicious pockets of cold stretched from the Northeast to the South, where farmers in the Florida panhandle tried to save tomato and strawberry crops.
You know, I'm sorry, but I heard something about global warming.
Four deaths in Tennessee were blamed on low temperatures.
Yeah, fart-misting lies are fatal.
The frigid blast has squeezed heating oil supplies in some areas during a year when demand had been very weak and refineries have been operating at low levels.
And yet PRICES are going UP?
Huge surpluses have been falling in recent weeks, contributing to prices already driven higher by the falling dollar. When the dollar falls, investors holding stronger currency can essentially buy more dollar-based crude and they have, doubling oil prices last year....
They never really explain the connection between the dollar and oil, do they?
Always tied up in investor-speak.
By the weekend, the average gallon of gas in the United States will hit $2.70, eclipsing the peak for 2009, and will push $3 by spring, Tom Kloza of Oil Price Information Services predicted.
You have been WARNED, America!!! You know the drill.
One of the breaks consumers got in 2009 was cheap energy....
Whaaaaaaaaaat??!!
The PRICES have been RISING ALL YEAR while supply is growing because MY DOLLAR is tanking, and this insult artist is talking about CHEAP ENERGY?!!!
Already, gas costs $1 more a gallon than a year ago, and that’s costing a typical motorist about $50 more a month....
But you are GETTING a BREAK because of the CHEAP ENERGY, Amurkn slob!!!!
NO WONDER NO ONE READS NEWSPAPERS anymore!!!!!
It’s too soon to tell if the rising prices are setting the trend for 2010, though Peter Beutel of Cameron Hanover called sharply higher heating oil prices an “ominous sign for the year ahead.’’
Get ready for the Grand Depression, America!
ONE QUARTER of growth because GOVERNMENT BORROWED to do it!!!
Was it WORTH IT, America?!!
Pump prices rose less than a penny overnight to $2.667 a gallon yesterday, according to auto club AAA, Wright Express, and Oil Price Information Services....
--more--"
Also see: Bernanke Says F*** the Buck
And as predicted:
"Gas prices top ’09 highs as oil climbs" by Mark Williams, Associated Press | January 8, 2010
Just seven days into the new year, pump prices have surged past 2009 highs as winter storms and a flood of speculative money send oil prices higher.
Translation; Your dollar is still in free-fall, America.
With the average gallon of gas now a shade under $2.71, a typical motorist using 50 gallons of fuel a month will pay about $135 a month to fuel up. Last year at this time consumers were paying only about $85 per month. There are early signs of a recovering economy and job figures due today may further that trend, yet consumers have pared way back on energy spending.
NOPE (see post above).
It’s not clear how much of an energy burden can be carried with unemployment hovering around 10 percent. Americans are now spending about $1 billion a day on gasoline with most paying 90 cents to a dollar or more per gallon than they did a year ago.
Yeah, YOU KNOW WHY, readers.
In less than a month, crude prices have jumped 20 percent and yesterday peaked above last year’s high. That has dragged pump prices to new 15-month highs.
It's more like a BURST than a DRAG!!
What's a drag is the MSM's choice of words.
Gas prices in some coastal cities are already at or close to $3, and many energy specialists believe most of the nation will follow along this spring as refiners switch over to less polluting blends of gas as required by law.
Yeah, thanks fart-misters! Thanks again!
Yet that scenario is heavily dependent on the fiscal health of the country in coming months, said Geoff Sundstrom of auto club AAA.... Demand for gasoline will come nowhere close to levels just two or three years ago, said Sundstrom.
And yet prices continue to rise!
Still, prices are rising fast....
The run-up in gasoline prices has had nothing to do with demand for gasoline that is so weak that refiners have been shutting down operations and scaling back others....
And you KNOW what it DOES have to do with, don't you, readers?
Money has flooded into oil futures because the dollar has been so weak, making it cheaper for anyone holding stronger currencies to buy crude....
Yes, THAT is why the PUMP PRICE is RISING!!!
--more--"
