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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Dos Equis on June 14, 2008, 12:29:28 PM

Title: Isle gas prices at all-time high
Post by: Dos Equis on June 14, 2008, 12:29:28 PM
Waaaa!  I just spent $80 to fill up.  An all-time high.   >:(

Isle gas prices at all-time high
Just a month ago, it cost 35 cents less a gallon for regular, self-serve
By Nina Wu
nwu@starbulletin.com
(http://starbulletin.com/2008/06/14/business/art1chart.jpg)

Hawaii consumers can expect to pay even more at the gas pump this weekend.

Gas prices reached records in the state this week, with the statewide average increasing 7 cents to an all-time high of $4.24 for regular self-serve unleaded, according to the AAA Hawaii Weekend Gas Watch.

A month ago, the statewide average was at $3.89 (35 cents less), according to AAA, and a year ago it was only $3.41 (83 cents less).

Yesterday's average price in Honolulu was $4.15 per gallon for unleaded, another record price that is 9 cents higher than last week, 36 cents more than last month, and 83 cents higher than this time last year.

In Hilo, the average price yesterday was a record $4.27 a gallon, which is 12 cents higher than last week, 36 cents above last month, and 78 cents higher than last year.

The average price in Wailuku, meanwhile, reached a record $4.52 a gallon, up 3 cents over last week, 34 cents more than last month, and 82 cents higher than last year.

"In Hawaii and across the U.S., prices have continued skyrocketing to new levels and now more than half of the country has prices above $4 a gallon," said AAA Hawaii regional manager Richard Velazquez.

He said Wailuku typically has the highest gas prices of any area in the U.S., although right now its prices are still less expensive than those in Los Angeles, San Diego and San Francisco.

The national average for regular unleaded was $4.07 a gallon, according to AAA, 31 cents more than last month, and an entire $1.02 more than a year ago.

The jack-up in pump prices has been propelled by continuing high crude oil prices.

AAA Hawaii Weekend Gas Watch offers week-to-week price comparisons, which are derived from fleet vehicle credit-card transactions at 85,000 stations around the U.S. including Hawaii.

Prices shown are combined averages of the last card swipe of the previous day.

http://starbulletin.com/2008/06/14/business/story01.html
Title: Re: Isle gas prices at all-time high
Post by: kh300 on June 14, 2008, 05:05:48 PM

hahaaa, i think it's great ! hearing neocons complain about gas prices brings a smile to my face.  :D

fvcking hypocrites.

NT

who has been in control of the governemnt gfor the last 4 years?

what i find is funny is that these idiots in the senate want oil producing countries to increase their oil production. but when it comes to our own oil production, they wont even allow us to start.

a dollar a gallon sitting in our backyard for the next 30 years. but no, the liberals are affraid a few ducks might get hurt, while were getting fucked in the ass
Title: Re: Isle gas prices at all-time high
Post by: 240 is Back on June 14, 2008, 05:17:40 PM
who has been in control of the governemnt gfor the last 4 years?

dems only took control in Jan 2007, remember?


and bush vetoed the shit out of the asses in that first 100 days :)
Title: Re: Isle gas prices at all-time high
Post by: 24KT on June 14, 2008, 09:03:09 PM

hahaaa, i think it's great ! hearing neocons complain about gas prices brings a smile to my face.  :D

fvcking hypocrites.

NT

(http://www.jaguarenterprises.net/images/em/dollar_eyes.gif)

Well I don't think I have to tell all you how I feel about it. (http://www.jaguarenterprises.net/images/em/whistle.gif)
Title: Re: Isle gas prices at all-time high
Post by: OzmO on June 14, 2008, 09:27:39 PM
who has been in control of the governemnt gfor the last 4 years?

what i find is funny is that these idiots in the senate want oil producing countries to increase their oil production. but when it comes to our own oil production, they wont even allow us to start.

a dollar a gallon sitting in our backyard for the next 30 years. but no, the liberals are affraid a few ducks might get hurt, while were getting fucked in the ass

What i find funny is all the BULL SH1T everyone spews out of their mouths to define their parties ideology and when that party has control of both houses and the presidency nothing fvcking changes.

It doesn't matter who is in charge dems or repubs.
Title: Re: Isle gas prices at all-time high
Post by: Deicide on June 14, 2008, 09:49:51 PM
Beach Buffoon, apart from living there, is there a reason you are so obsessed with everything that happens on your chunk of volcanic rock? Is it the feeling of being stranded in the middle of the ocean? Is it Jebus?
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on June 14, 2008, 10:21:41 PM
Beach Buffoon, apart from living there, is there a reason you are so obsessed with everything that happens on your chunk of volcanic rock? Is it the feeling of being stranded in the middle of the ocean? Is it Jebus?

(http://pics.bikerag.com/Uploads/data/500/258Troll_spray.jpg)
Title: Re: Isle gas prices at all-time high
Post by: OzmO on June 14, 2008, 10:40:48 PM
where do you get these images? 

 ;D
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on June 14, 2008, 10:51:35 PM
where do you get these images? 

 ;D

Ancient Chinese secret.  ;D
Title: Re: Isle gas prices at all-time high
Post by: 24KT on June 14, 2008, 11:09:38 PM
(http://pics.bikerag.com/Uploads/data/500/258Troll_spray.jpg)

(http://www.jaguarenterprises.net/images/rotflmao.gif)

That is absolute gold!!!! (http://www.jaguarenterprises.net/images/thumbup.gif)   (http://www.jaguarenterprises.net/images/thumbup.gif)
Title: Re: Isle gas prices at all-time high
Post by: Deicide on June 15, 2008, 08:29:23 AM
Beach Buffoon clearly believes that Hawaii is the centre of earth's affairs; then again he believes in talking snakes and rib women as well so that makes sense.
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on March 26, 2011, 10:35:27 AM
The more things change, the more they stay the same.  Went to the movies yesterday and in the time it took us to get our snacks, drive to the theater, watch the movie and get back, the gas station we passed raised its price by four cents.   >:(

Gas price rises 11 cents in week
The average cost of a gallon in the isles is $4.15, according to a survey by AAA Hawaii
By Gary T. Kubota
POSTED: 01:30 a.m. HST, Mar 26, 2011

FL MORRIS / FMORRIS@STARADVERTISER.COM
(http://media.staradvertiser.com/images/300*200/134421.jpg)
According to AAA Hawaii, the average cost of a gallon of regular jumped 11 cents in Hawaii in a week to $4.15. The cost of a gallon of regular gas yesterday at the Chevron station at the intersection of King and Piikoi streets was $4.14.
More Photos
 

Mililani resident Eric Collier looked yesterday at the $4.15-a-gallon price for regular at the French Wrench Shell Serv ice Station on Ward Avenue in Hono lulu and shook his head.

"It sucks big time," said Collier, who commutes more than 40 miles a day.

As Mideast tensions build and worries increase about the world supply of oil, gasoline prices in Hono lulu and other parts of the state are rising, and some people say they're driving less.

The average cost of a gallon of regular jumped 11 cents in Hawaii in a week to $4.15, according to AAA Hawaii.

Additionally, Japan's shutdown of the nuclear power plant in Fuku shima is pushing up its demand for the kind of light sweet crude oil imported by Hawaii refineries and also raising prices, said Albert Chee, spokes man for Chevron USA, one of the two Hawaii refineries.

The benchmark West Texas Intermediate Crude Oil ended at $105.40 per barrel yesterday on the New York Mercantile Exchange.

The national average of $3.56 per gallon is the highest ever for this time of year, although there is a comfortable surplus of oil in the United States.

The Energy Information Administration said the U.S. has enough oil in inventory to meet demand for 54 days. The surplus was 49 days in the summer of 2008. The U.S. consumes about 19.3 million barrels of petroleum per day.

What's pushing oil prices higher is concern that global supplies will shrink this year as energy appetites grow around the world. The world is expected to use 88 million barrels of oil per day in 2011, up from 86.7 million in 2010. Meanwhile, uprisings in Libya, Yemen and other countries are threatening exports from a region that supplies 27 percent of the world's oil. War in Libya has halted most of its 1.5 million barrels of daily exports.

AAA Hawaii said the cheapest gasoline in the United States continues to be in Wyoming, with an average of $3.34 a gallon.

The price of regular gasoline yesterday was $4.49 at Uptown Chevron in Wai luku, $4.49 at Aloha Shell in Kahu lui and $4.01 at Lex Brodie's Tire Co. on Queen Street in Hono lulu. Lex Brodie's price for regular was $3.93 with a cash payment.

"It's getting pretty wild," said Aloha Shell owner Paul Hanada.

"Even I don't know where it's going to end. Part of it is supply and demand. Part of it is speculation."

Hanada, who said he just raised his price by 10 cents a gallon Thursday, said he's had difficulty making sure retail prices are adjusted upward to meet the rising cost of fuel.

In Los Angeles, independent serv ice station owners have also been reluctant to raise prices based on the actual costs of fuel, said Sunny Campbell, executive director of the California Serv ice Station and Automotive Repair Association.

"They want to keep their customers," Campbell said.

The average price was about $3.99 for regular there, he said.

David Rolf, executive director of the Hawaii Automobile Dealers Association, said he's not hearing as many worries about buying gasoline-efficient cars as he did in 2008, when gasoline prices first went above $4 a gallon in Hawaii.

The prices later dropped below $4.

"They've seen it happen and they saw the price retreat," he said.

"Once you have an experience like that, you don't make any radical decisions on something that momentary."

For Collier of Mililani the price jump has him walking sometimes rather than driving.

"I don't drive to the store," he said. "Now I just walk."

http://www.staradvertiser.com/news/20110326_Gas_price_rises_11_cents_in_week.html
Title: Re: Isle gas prices at all-time high
Post by: Soul Crusher on March 26, 2011, 10:37:12 AM
Bush's fault
Title: Re: Isle gas prices at all-time high
Post by: OzmO on March 26, 2011, 11:44:34 AM
Obama's fault.
Title: Re: Isle gas prices at all-time high
Post by: 240 is Back on March 26, 2011, 11:46:16 AM
Palin's fault.




(http://www.newsrealblog.com/wp-content/uploads/2010/07/Sarah-Palin-Pitbull-With-Lipstick-46860.jpg)
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on March 26, 2011, 11:55:43 AM
 >:(

(http://t1.gstatic.com/images?q=tbn:ANd9GcSmRrLXdTlFvy6KgVQdKnfTMXp5rRpGlO6iQumt10yzK0csDX9tfA)
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 15, 2011, 10:09:08 AM
 >:(

Hawaii gas prices set record on Maui; near all-time high
By Associated Press
POSTED: 04:29 a.m. HST, Apr 15, 2011

Hawaii's average price for a gallon of regular unleaded gasoline hit a nation-leading $4.46 on Thursday, 28 cents higher than second-place California.

The state's average on Thursday was 12 cents higher than a week ago, 44 cents more than a month ago and 91 cents more than last year, according to AAA data.

It is just 5 cents below the all-time record of $4.51 set on July 31, 2008.

The most expensive gas in Hawaii was on the island of Maui, where the average price was $4.77, down a penny after hitting a record of $4.78 on Wednesday. The previous Wailuku record was $4.75 in August 2008.

The average price for a gallon of regular in Honolulu was $4.36, just five cents below the record high for Honolulu  of $4.39 set on July 29, 2008

As most states brace for gas to climb to $4, Hawaii was the first to reach that mark a month ago. Now three other states share that distinction: Alaska, California and Illinois.

The national average reached $3.81 Thursday. Wyoming was the cheapest in the country at $3.53.

"There's no doubt that across the country the pain is being felt, but more acutely in Hawaii," said Marie Montgomery, spokeswoman for Automobile Club of Southern California, which covers Hawaii.

Eighteen percent of Hawaii motorists polled by AAA last month said $5 is the breaking price point that would make them drastically reduce driving.

"There is a bit more tolerance for a higher price just because Hawaii has been paying more for longer," Montgomery said. "The people who are paying $3.80 a gallon in other states are outraged about it. It's all relative."

http://www.staradvertiser.com/news/breaking/119914689.html
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 18, 2011, 03:30:28 PM
 >:(

Honolulu gas prices near record; Maui at all-time high

By Star-Advertiser staff
POSTED: 05:06 a.m. HST, Apr 18, 2011

The cost of filling a tank of gas continues to rise as prices near record levels in Honolulu.

The average price for a gallon of gas in Honolulu is just one penny below the all-time record price today, while Maui set a new high.

AAA Daily Fuel Gauge reports the average price for a gallon of regular unleaded gas in Honolulu is $4.38 cents a gallon, just 1 cent below the record of $4.39 cents set on July 29, 2008.

Meanwhile Wailuku topped its record gas price set last week with an average price of $4.86

Statewide, the average price for regular gas was $4.48, up 2 cents from yesterday and 6 cents higher than last week. The price is about $1.29 cents higher than what gas cost a year ago today.

The highest Hawaii average price for a gallon of gas was about $4.51 set on July 24, 2008.

Hilo's average price of $4.49  is still well-below its record price of $4.66 on July 28, 2008.

Gasoline pump prices climbed to a national average of $3.83 per gallon, according to AAA, Wright Express and Oil Price Information Service. A gallon of regular has increased 29.1 cents in the last month and 96.8 cents from a year ago. Pump prices are above $4 per gallon in California, New York, Illinois, Connecticut, Washington D.C., Hawaii and Alaska.

Economists are watching for signs that high fuel prices are taking a toll on the economy. Industry surveys suggest that drivers are cutting back on gasoline purchases. The combination of stagnant wages and rising food and energy costs has prompted some economists to lower their growth estimates for the economy in the first quarter by half.

The Associated Press contributed to this story.

http://www.staradvertiser.com/news/breaking/120062584.html
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 20, 2011, 04:06:47 PM
 >:( >:(

Isle drivers resigned to pay at the pump as prices hit record


By Gregg K. Kakesako
POSTED: 04:45 a.m. HST, Apr 20, 2011

(http://media.staradvertiser.com/images/300*188/20110420_gas.jpg)
Gas prices ranged from $4.44 to $4.63 at the Union 76 station on King and Piikoi streets today. Gas prices set a new record today statewide and in Honolulu.

(http://media.staradvertiser.com/images/300*207/20110420_jerrold_takata_abellira.jpg)
Honolulu electricians Jerrold Takata (left) and Boyce Abellira fill up their company truck this morning in Makiki. "There's not much a consumer can do (about high gas prices). If you have a family, you need your car," Takata said.

Island drivers say there's not much they can do but pay the price at the pump as the cost of a gallon of gas set a record in Honolulu and statewide today.
 
The average price of a gallon of regular gas in Hawaii hit $4.512 a gallon, according to the AAA Fuel Gauge Report. The price is 2 cents higher than yesterday and .2 cents higher than the old state record of $4.51 set on July 24, 2008.
 
Honolulu set a new high with an average price of $4.40 a gallon, beating the old record of $4.39 set on  July 28, 2008. The price is about 2 cents more than yesterday and 94 cents higher than a year ago.
 
Oil industry analysts say the price of gas is likely to continue to go up as the peak summer driving season approaches.
 
Gas prices are already above $5 a gallon for regular on Molokai and prices for supreme topped $6 in Hana, Maui.
 
On Molokai, prices for the lower grade regular gas jumped 35 cents to $5.16 a gallon at Kaunakakai's two gas stations yesterday.
 
Before yesterday's jump, gas prices at the Kaunakakai station has been $4.81 a gallon for regular since April 5.
 
"Although our customers were surprised," said Kat Kai, office manager for Hayaku Go on Ala Malama Avenue in Kaunakakai, "we were expecting it.
 
"We kinda knew since prices have been going up every three months."
 
Gas has topped $5 a gallon for a month for all grades in remote Hana on Maui, said a cashier at the area's only gas station, where customers pay $5.98 a gallon for regular and $6.19 a gallon for premium.
 
Gas prices in Wailuku have been setting records nearly every day this week. It reached $4.89 a gallon for regular, up 3 cents from yesterday's record.
 
The price of gas in Hilo is higher than last year, but still well below the record. A gallon of regular gas costs an average of $4.51 today, that's up by a penny from yesterday and about 94 cents above last year's price. But the record is $4.66.
 
Jerrold Takata, a Honolulu electrician, said "there's not much a consumer can do. If you have a family, you need your car. You can't buy a new car."
 
Takata and Boyce Abellira were filling up their company truck early this morning in Makiki before going to work as electricians.
 
Gas at the Piikoi and King streets Chevron station ranged from $4.44 a gallon for regular to $4.64 for supreme.
 
"It's going to cost anywhere for $70 to $75 today"  to fill up, Takata added as he worked the gas pump and watched the price climb. Two weeks ago, he paid $4.30 a gallon. "The consumer is going to pick up the rising cost. When gas goes up, everything else goes up."
 
Takata's personal vehicle is a truck that he only drives on weekends. But it costs nearly $100 to fill up every month, he said.
 
Abellira, who was paying $50 twice a month to fill up his compact car, called the situation "ridiculous."
 
Yong Park said she no longer fills up her van's 20-gallon tank. "It's just too expensive."
 
Instead, Park and several other motorists gassing up in the Makiki area today said they only buy a set amount.
 
Park's limit is $60 whenever she goes to the pump. "When prices started to go up, I stop filling up my tank," she said.
 
She and her family of four also have made other concessions. "We do a lot more walking, especially to do marketing," Park said.  "It also means we go to the market less often."
 
Hawaii continues to have the most expensive gas in the country while Alaska, Connecticut, Illinois, New York and the District of Columbia have average prices that also passed the $4 mark.
Indiana, Michigan, Nevada and Washington state are within 10 cents from reaching $4.
 
Oil climbed above $111 a barrel today as the dollar weakened and the government reported an unexpected drop in U.S. crude supplies. Gas pump prices also edged higher to $3.84 for a gallon of regular.
 
The International Energy Agency, OPEC and others have said that they see signs that consumers are using less fuel as prices rise. In the U.S., retail surveys by MasterCard SpendingPulse indicate that motorists have cut back on gasoline purchases for the past seven weeks.
 
Some analysts have pointed to falling supplies as a sign that U.S. demand is holding steady. Yet Andrew Lipow, President of Lipow Oil Associates in Houston, said the drop in gasoline supplies may have more to do with many refineries along the East Coast being on hold for routine maintenance and other issues.
 
Energy Information Administration data shows that gasoline demand has dropped for the past three weeks, when compared with levels from a year ago.
 
Gasoline pump prices keep rising nevertheless. The national average increased slightly today to $3.837 per gallon, according to AAA, Wright Express and Oil Price Information Service. A gallon of regular is 28.8 cents higher than it was a month ago and 97.8 cents higher than a year ago.

http://www.staradvertiser.com/news/breaking/Hawaii_drivers_resigned_to_pay_at_the_pump_as_prices_hit_record.html
Title: Re: Isle gas prices at all-time high
Post by: Soul Crusher on April 20, 2011, 06:04:52 PM
Kenyanomics - get used to it.
Title: Re: Isle gas prices at all-time high
Post by: Bindare_Dundat on April 20, 2011, 07:06:58 PM
I heard that if you just tell yourself that Obama remembers what it was like to pump gas, it makes things seem better.
Title: Re: Isle gas prices at all-time high
Post by: Hereford on April 21, 2011, 01:43:19 PM
People living in HI must be rich. Pay the price or move to TX!!!  >:(    :D
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 21, 2011, 01:50:26 PM
People living in HI must be rich. Pay the price or move to TX!!!  >:(    :D

 >:(
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 23, 2011, 10:35:01 AM
Pain at the pump
Economists fear the rising price of gas will put the brakes on business growth
By Kristen Consillio
POSTED: 01:30 a.m. HST, Apr 23, 2011

On a day when Hawaii motorists were paying a rec­ord average of $4.527 per gallon for regular gasoline, economists voiced concern yesterday that the pain at the pump could stunt business growth.

Higher oil prices lead to higher costs for most goods and cause consumers to pull back on purchases. That could slow the recent business expansion and persuade owners to postpone hiring. The state's unemployment rate has been stuck at 6.3 percent for four months. It could also cut into tax revenue, complicating the job of lawmakers as they deal with a $1.3 billion budget deficit over the next two years.

"When oil prices increase, it will link with the cost of doing business," said acting state Economist Eugene Tian. "There will be an upward pressure on inflation. It will be hurting the economy."

How long oil prices stay high will determine how much damage is done.

In June 2008 the price of oil peaked at $134 per barrel, retreated before the end of the year to $42 per barrel, and consumption increased the following year.

Yesterday oil traded at $112 a barrel. That level "is definitely something that changes the outlook and will be of greater concern should it prove to be more persistent than a one- or two-month pain in the gas," said Paul Brewbaker, principal of TZ Economics and chairman of the state Council on Revenues.

"These things tend to shave a fraction of a percentage point, maybe a percentage point, off an underlying real economic growth rate that could have been 2-3 percent this year," Brewbaker said.

Before the recent rise in oil prices, the state had forecast Hawaii's economy, or real GDP (gross domestic product), would grow by 2 percent in 2011.

The jump in oil prices could cut into that growth but not take it down to zero, said Brewbaker.

"Even this oil shock — rooted in recent geopolitical turbulence — does not suffice to fully unravel the economic expansion," Brewbaker said. "Of course, the fat lady of this opera has not yet sung."

Tian agreed.

The shock in "2008 was a very short-term phenomena, so the overall impact during that year is not very significant," Tian said. "This time we actually don't know how long it will last. It definitely will impact the economic recovery. And this is only the beginning."

While economists might be drilling deep into their charts to calculate the impact, Hawaii consumers get hit with it each time they approach the pump.

"I'm surprised every time I go," said Kaimuki resident Paulus Tsai, whose fuel costs have risen to $120 a month from $100. "They're changing all the time and going up every time. I used to use premium in my car — that's what the manufacturer says (to do) — but I'm using midgrade now. I know it's just a few cents off, but just the idea kind of bothers me."

Pearl City resident Eli Lopez said he is driving a few extra miles in search of cheaper fuel.

"I'll try to look for an Aloha gas station because if you get the (Foodland) Mai ka‘i Card, it's 5 cents off per gallon," Lopez said. "I don't buy rice because rice is expensive now. Me and (wife) Tammy carpool more often definitely because of gas prices."

The average statewide price of regular gas hit a new high of $4.527 per gallon yesterday, beating the previous rec ord set the day before at $4.521, according to the AAA Fuel Gauge Report.

"Because gas prices are higher, we have to cut down on grocery shopping and other expenses," said Aiea resident Kelli Carvalho.

Manoa residents Duane and Sarah Preble received their new electric Leaf vehicle a week ago after a yearlong wait.

"I think it's perfect timing," said Duane, a retired University of Hawaii art professor. "I just love driving past service stations. As the cost of gas inches up toward $5 a gallon, we will enjoy not buying any."

http://www.staradvertiser.com/news/20110423_pain_at_the_pump.html
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 24, 2011, 02:44:04 PM
Costly gasoline clouds Obama re-election prospects
By Associated Press
POSTED: 01:30 a.m. HST, Apr 24, 2011

Gas prices at the Chevron and 76 stations in Makiki at Keeaumoku and Beretania streets continue to rise and break records in Hawaii.

With gas prices climbing and little relief in sight, President Barack Obama is scrambling to get ahead of the latest potential obstacle to his re-election bid, even as Republicans are making plans to exploit the issue.

No one seems more aware of the electoral peril than Obama himself.

"My poll numbers go up and down depending on the latest crisis, and right now gas prices are weighing heavily on people," he told Democratic donors in Los Angeles this past week.

In fact, Obama raised the issue unsolicited in a series of town meetings in Virginia, California and Nevada that were ostensibly about his deficit-reduction plan. And he made the gas spike the subject of his weekly radio and Internet address Saturday.

"It's just another burden when things were already pretty tough," he said.

As Obama well knows, Americans love their cars and remain heavily dependent on them, and they don't hesitate to punish politicians when the cost of filling their tanks goes through the roof. Indeed, for presidents, responding to sudden surges is a recurring frustration.

"These gas prices are killing you right now," Obama said at Facebook headquarters in Palo Alto, acknowledging that many Americans can't afford new fuel-efficient cars and must drive older models.. For some, he said, the cost of a fill-up has all but erased the benefit of the payroll tax holiday that he and congressional Republicans agreed on last December.

On Saturday, Obama insisted in his radio and Internet address that the best answer is a long-term drive to develop alternatives to fossil fuel. He also renewed calls to end $4 billion in subsidies for oil and gas companies. "Instead of subsidizing yesterday's energy sources," he said, "we need to invest in tomorrow's."

Republicans contend that high gas prices are the inevitable result of an administration they accuse of stifling domestic drilling, and which placed new curbs on offshore exploration after last spring's disastrous BP oil spill.

"The administration has declared what can only be described as a war on American energy," said Senate Minority Leader Mitch McConnell.

"Obama is vulnerable on gas prices and the Republicans have and will exploit this as a wedge issue," said James Thurber, who directs the Center for Congressional and Presidential Studies at American University.

Legislative aides report House Republicans are considering a series of hearings and floor votes on measures to boost domestic oil and gas production when Congress returns from its Easter break.

Meantime, Obama has ordered his Justice Department to form a task force to look for fraud or manipulation in the oil markets. It will "root out" any abuses, he told a town meeting in Reno, Nev. The president is among those who've said the surging price for crude is caused by worries about political upheaval in the Arab world and increasing demand from China and elsewhere.

Still, Americans have a tradition of holding the party in power responsible for rising gas costs.

Obama's focus on the issue came as a /CBS News poll published Thursday found that 70 percent of the public believes the country is headed in the wrong direction. That followed a March AP-GfK survey reflecting widespread discontent over the economy, with just 15 percent seeing an economic improvement the previous month. Through the spring, Obama's approval numbers in several polls have slipped.

"Gas prices are a major factor in his slide ... along with unemployment and his talk about cuts and tax increases to deal with deficits and debt," Thurber said.

The national average price for a gallon of regular gasoline is currently $3.84, almost a dollar higher than a year ago. In many places, it's well over $4.

The gas price debate has a sense of dij‘ vu to it, Obama notes. Vows to end dependence on expensive oil imports go back to Richard Nixon's "Project Independence", a 1973 response to the Arab oil embargo, and this has been a popular refrain by presidents of both parties over the last 40 years.

"Whenever gas prices shoot up, like clockwork, you see politicians racing to the cameras, waving three-point plans for two dollar gas," Obama said in Saturday's address. But when prices subside, those plans are quietly shelved.

Even calls to target price gouging have a familiar ring. When gas hit $3 a gallon in 2006, George W. Bush launched a probe, declaring Americans "don't want and will not accept ... manipulation of the market. And neither will I."

Seven months later, Bush took what he called a "thumping" in mid-term elections. Of course, other issues — especially Iraq — played a big role. But Obama can't help pondering that example, and wondering what rising gas prices could do to his hopes for a second term.

http://www.staradvertiser.com/news/breaking/20110424_Costly_gasoline_clouds_Obama_reelection_prospects.html
Title: Re: Isle gas prices at all-time high
Post by: Soul Crusher on April 24, 2011, 02:47:21 PM
Don't worry beach.   Bama is investigating this. 
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 24, 2011, 02:54:40 PM
Don't worry beach.   Bama is investigating this. 

He's also telling people what to drive.   ::)
Title: Re: Isle gas prices at all-time high
Post by: Soul Crusher on April 24, 2011, 03:01:10 PM
The mean really is a freaking dope.  Did this jerk ever take a math class.   What's the point of trading in a car and losing a few Gs to save a few dollars in gas?   Does he even realize how dumb he sounds when he says this malarchy? 

Kenyanomics at its finest.
Title: Re: Isle gas prices at all-time high
Post by: 240 is Back on April 24, 2011, 03:16:33 PM
i talk to probably 2 dozen people each day who wonder why - despite owning the white house and both congresses - Bush didn't have the courage to start drilling domestically.










 :D

Title: Re: Isle gas prices at all-time high
Post by: Soul Crusher on April 24, 2011, 03:27:41 PM
Another yawn from you.  He tried in anwr and pussified jerkoffs freaked out.
Title: Re: Isle gas prices at all-time high
Post by: 240 is Back on April 24, 2011, 03:46:19 PM
Another yawn from you.  He tried in anwr and pussified jerkoffs freaked out.

i remember millions marching against his iraq war.  his response?  "I'll continue this war even if me and my dog barney are the only ones who support it".

So try again, 33.  Millions weren't marching against anwr drilling.  Why didn't bush have the sack to drill it?  Of course pussbag libs like obama aren't going to drill - but why wouldn't a cownoy like bush do it?

(the answer is that mccian wouldn''t be drilling right now either - our saudi masters pwn us - but it's hard for you to separate repub/dem from that...)
Title: Re: Isle gas prices at all-time high
Post by: Soul Crusher on April 24, 2011, 03:55:20 PM
I have always listed that as one of my main beefs w gwb.
Title: Re: Isle gas prices at all-time high
Post by: 240 is Back on April 24, 2011, 03:55:49 PM
I have always listed that as one of my main beefs w gwb.

you should have gone to his house with cindy sheehan and voiced your opinion.
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 28, 2011, 05:07:15 PM
Gas tops $6 in Hana; statewide prices set record again
By Gregg K. Kakesako

POSTED: 10:31 a.m. HST, Apr 28, 2011

The statewide average price for a gallon of regular gasoline has set new records consistently since April 20. The price in Hana is now over $6 a gallon.

The price for a gallon of regular gas broke the $6 mark this week in remote Hana, marking another record that is consistently being topped.

In its daily fuel gauge report AAA said the current average in the state of Hawaii for regular gas is $4.566 --  about a penny higher than yesterday's previous record price. Premium is at $4.74. That compares to $3.572 a gallon for regular gas and $3.848 a gallon for premium a year ago. The statewide average price for regular gas has been steadily climbing since April 20 when it first broke a record price of $4.51 set on July 31, 2008, AAA said.

In Hana, the area's only gas station is charging $6.03 for a gallon of regular gas as of Tuesday. The price for premium gas is at $6.25 a gallon.

"Everybody is complaining," said Nani Kahuila, who works at the station in the remote east Maui community. "But what you going to do...you got to pay it. Fifty dollars doesn't go very far now days."

Hana's price is not included in AAA's statewide gas survey, which covers the metro areas of Honolulu, Wailuku and Hilo.

Nationally, AAA says the national average for regular gas is $3.886 a gallon and $4.156 for premium.

Honolulu motorists are paying on the average of $4.455 a gallon for regular gas and $4.637 for premium gas. That tops yesterday's previous record of $4.447 for regular gas and is four cents more than a week ago, according to AAA.

In Wailuku, the average price for regular gas was $4.932 a gallon and $5.121 for premium. The price is slightly higher than yesterday's $4.931 a gallon and three cents higher than last week's price.

In Hilo the average price regular gas is $4.58 a gallon and $4.797 for premium. However, that doesn't top the record of $4.65 for a gallon of regular set in July 2008.

On Molokai, which gets its shipment of gasoline only once a month, the price for regular grade at its two gas stations was $5.16 a gallon and $5.24 for premium.

Kat Kaai, manager at Hayaku Gas in Kaunakakai on Molokai, told the Star-Advertiser that the next shipment of gas is expected to arrive by barge next month.

http://www.staradvertiser.com/news/breaking/120891514.html
Title: Re: Isle gas prices at all-time high
Post by: newmom on April 28, 2011, 05:16:34 PM
jesus and I was bitching about it costing 72 bucks to fill up my accord. Sorry Beach
Title: Re: Isle gas prices at all-time high
Post by: Soul Crusher on April 28, 2011, 05:47:50 PM
Bamas chickens coming home to roost. 
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 28, 2011, 06:06:40 PM
jesus and I was bitching about it costing 72 bucks to fill up my accord. Sorry Beach

Thanks.   >:(
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on July 30, 2011, 12:08:55 PM
Gas prices over $4 a gallon again in Honolulu
By Star-Advertiser staff and the Associated Press
POSTED: 09:11 a.m. HST, Jul 29, 2011

Braxton Hardy fills up his gas tank at Hiram's Chevron on School Street in this file photo from March.

The average price of regular unleaded gasoline climbed to more than $4 a gallon again in Honolulu, after rising statewide over the last month.

Today's average price of $4.01 a gallon in Honolulu is about a penny more than yesterday; four cents higher than last week, and six cents higher than last month. Gas prices in Honolulu are about 63 cents higher than last year, but still far below the record of $4.48 cents a gallon on May 6.

The statewide average price of regular gas is about $4.12 a gallon, up 2 cents from yesterday and seven cents higher than last month.

Pump prices continue to climb across the country even though demand has been anemic for July, which typically is one of the heaviest driving periods as Americans travel on vacation.

The national average for unleaded gasoline rose 0.4 cent overnight to $3.71 a gallon, according to AAA, Wright Express and Oil Price Information Service. That's 16.7 cents more than a month ago and 96.6 cents more than a year ago.

Analysts say prices will remain within a fairly narrow range for the next couple of months until there is more clarity on the economic front

http://www.staradvertiser.com/news/breaking/126415378.html
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 04, 2012, 10:36:00 PM
Hawaii gas prices rise to record
By Star-Advertiser staff
POSTED: 05:25 a.m. HST, Apr 04, 2012
LAST UPDATED: 07:10 a.m. HST, Apr 04, 2012

(http://media.staradvertiser.com/images/312*234/20120322_gas_prices.jpg)
CRAIG GIMA / cgima@staradvertiser.com
Hawaii's highest-in-the nation gasoline prices rose again today, hitting a record $4.598 for a gallon of regular unleaded.

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Hawaii's highest-in-the nation gasoline prices rose again today, hitting a record $4.598 for a gallon of regular unleaded, according to the AAA Daily Fuel Gauge Report.

The statewide average is up from $4.595 Tuesday and $4.323 a year ago. Prices for premium unleaded hit $4.789, from $4.785 Tuesday and $4.505 a year earlier. The average for a gallon of diesel fuel is $4.998, well below the record $5.419 on July 24, 2008.

The next highest state today is Alaska, which had regular unleaded price average of $4.365, with premium at $4.541, according to the AAA report.

The nationwide average rose slightly today to $3.928 for regular and $4.195 for premium. The highest nationwide average for regular unleaded was $4.114 on July 17, 2008, the report says.

Today's report said the average price for Honolulu is $4.470 for regular and $4.664 for premium; for Hilo, $4.753 and $4.941; and for Wailuku, $4.785 and $4.962.

The AAA Daily Fuel Gauge Report uses data provided by Oil Price Information Service in cooperation with Wright Express.

http://www.staradvertiser.com/news/breaking/146105465.html?id=146105465
Title: Re: Isle gas prices at all-time high
Post by: Soul Crusher on April 05, 2012, 03:48:27 AM
Bushs fault
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on April 08, 2012, 03:48:40 PM
 >:(

Gas prices hit a new high again
By Star-Advertsier and Associated Press
POSTED: 08:44 a.m. HST, Apr 08, 2012
LAST UPDATED: 09:02 a.m. HST, Apr 08, 2012

 
CRAIG T. KOJIMA / CKOJIMA@STARADVERTISER.COM
(http://media.staradvertiser.com/images/312*469/20120406_wda4.jpg)
High gas prices were reflected Friday at HIram's Chevron located at 140 South School St. in Honolulu.

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The average price of regular, unleaded gas in Hawaii set another record today at $4.611 a gallon, largely because of a spike in the price of gas in Wailuku.

The AAA Hawaii Daily Fuel Gauge survey saw the average price of gas in Hawaii rise almost a penny from yesterday. Gas prices in Honolulu actually dipped by 1/10th of a cent and Hilo's gas price of about $4.75 a gallon was the same as Saturday. But the average price of gas in Wailuku rose almost 2 cents a gallon to about $4.84 a gallon.

In Honolulu, the average price of regular gasoline is $4.475 a gallon,  a little less than a penny below the Honolulu record price of $4.483, set on May 8, 2011. Gas prices are about 15 cents higher than last month in Honolulu and about a penny higher than last week.

Hawaii's statewide average is about 19 cents higher than last month and about a penny higher than last week.

The price of gas here is the highest in the nation, followed by Alaska at $4.37 a gallon and California, where prices average $4.27 a gallon, according to AAA.

Experts say the average price of gasoline could surpass $4 per gallon nationwide as early as this week. It's already $3.93 per gallon, a record for this time of year.

The increase nationally is due in part to seasonal changes in gasoline supply. It's the time of year refineries reduce output to repair equipment and start making a cleaner, more expensive blend of gasoline for summer.

Since 2000, pump prices have risen every year between early February and late May. The annual increase has boosted prices by 27 percent on average, according to the National Association of Convenience Stores. This year, prices have risen 14 percent, or 48 cents per gallon, since Feb. 1.

Strong global demand, heightened tensions with Iran and a smattering of supply disruptions have kept crude oil prices elevated for months. The oil used to make most of the gasoline in the U.S. has averaged $120 per barrel this year.

Distributors and gas station owners buy gasoline every day based on a price set on exchanges. Station owners then change their prices based on how much their last shipment cost, how much the next shipment is likely to cost and what their closest competitors are charging.

Even though it may not feel like it, gasoline prices do usually dip after their spring peak. Last year gasoline fell from $3.98 per gallon on May 5 to $3.55 on July 1 and finished the year at $3.28.

Also, summer gasoline blends improve fuel economy by 1 percent to 2 percent. That means drivers will at least get to go a little bit farther on that pricey tank of gas.

http://www.staradvertiser.com/news/breaking/Gas_prices_hit_a_new_high_again_in_Hawaii.html?id=146595355
Title: Re: Isle gas prices at all-time high
Post by: 24KT on April 09, 2012, 01:43:42 AM
I think it's absolutely hilarious, not to  mention ironic that Obama's energy policies are being blamed for high gas prices, when nothing can be further from the truth. There's plenty to criticize & blame Obama for, ...but high gas prices isn't one of them.

For the first time in a long time, high gas prices have absolutely nothing to do with supply & demand.
Supply is high, and overall demand is low. The reason the prices are rising, is because the dollar's value is falling.

A devalued dollar buys less & less, so you have to give up more fiat paper money to acquire the same thing.
That's why I don't keep my money in paper. I keep my money in GOLD. as inflation rises, so does the value of my GOLD. My purchasing power is maintained. but you don't have to take my word for it... do your own research. The guys at Forbes certainly did.

Gasoline prices Are Not Rising, The Dollar is Falling

Panic is in the air as gasoline prices move above $4.00 per gallon. Politicians and pundits are rounding up the usual suspects, looking for someone or something to blame for this latest outrage to middle class family budgets. In a rare display of bipartisanship, President Obama and Speaker of the House John Boehner are both wringing their hands over the prospect of seeing their newly extended Social Security tax cut gobbled up by rising gasoline costs.

Unfortunately, the talking heads that are trying to explain the reasons for high oil prices are missing one tiny detail. Oil prices aren’t high right now. In fact, they are unusually low. Gasoline prices would have to rise by another $0.65 to $0.75 per gallon from where they are now just to be “normal”. And, because gasoline prices are low right now, it is very likely that they are going to go up more—perhaps a lot more.

What the politicians, analysts, and pundits are missing is that prices are ratios. Gasoline prices reflect crude oil prices, so let’s use West Texas Intermediate (WTI) crude oil to illustrate this crucial point.

As this is written, West Texas Intermediate crude oil (WTI) is trading at $105.88/bbl. All this means is that the market value of a barrel of WTI is 105.88 times the market value of “the dollar”. It is also true that WTI is trading at €79.95/bbl, ¥8,439.69/barrel, and £67.13/bbl. In all of these cases, the market value of WTI is the same. What is different in each case is the value of the monetary unit (euros, yen, and British pounds, respectively) being used to calculate the ratio that expresses the price.

In terms of judging whether the price of WTI is high or low, here is the price that truly matters: 0.0602 ounces of gold per barrel (which can be written as Au0.0602/bbl). What this number means is that, right now, a barrel of WTI has the same market value as 0.0602 ounces of gold.... click the link below for the rest of the article.

http://www.forbes.com/sites/louiswoodhill/2012/02/22/gasoline-prices-are-not-rising-the-dollar-is-falling/ (http://www.forbes.com/sites/louiswoodhill/2012/02/22/gasoline-prices-are-not-rising-the-dollar-is-falling/)
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on May 22, 2014, 11:12:33 AM
The media is conspicuously silent about this.  I wonder why?

Gas Price Record Worsens: 1,245 Days above $3 a Gallon
May 20, 2014
By Julia Seymour

Memorial Day weekend drivers will continue to take a hit as gasoline prices remain high.

May 20 marks the 1,245th straight day that the national average for a gallon of regular gasoline costs more than $3 a gallon, according to AAA data. That's nearly three-and-a-half years above $3 a gallon.

USA Today reported last September that, for the first time ever, gas prices had been higher than $3 a gallon for 1,000 consecutive days - beginning Dec. 23, 2010, through Sept. 17, 2013. Unfortunately, that awful record streak of sustained highs has not been broken. Gas prices dipped in the fall, down to $3.179 (Nov. 12), but surged again.

The national average on May 20, 2014, for regular gas was $3.642 a gallon, slightly less than the $3.653 a gallon average one year earlier.

On May 18, USA Today turned to the issue of gas prices again writing that "rumors about the demise of U.S. gasoline demand have been greatly exaggerated." Javier E. David of CNBC wrote for USA Today that international factors were keeping prices high and "defied the gravitational pull" of factors "that should blunt demand."

AAA's Memorial Day forecast predicted 31.8 million people will be driving over the holiday and that gas prices will be "relatively similar" to where they were Memorial Day 2013.

ABC, CBS and NBC morning and evening news shows haven't spent much time on gas prices, lately. A Nexis search yielded only 11 stories mentioning what was going on with gas prices in the past three months.

http://cnsnews.com/mrctv-blog/julia-seymour/gas-price-record-worsens-1245-days-above-3-gallon
Title: Re: Isle gas prices at all-time high
Post by: LurkerNoMore on May 22, 2014, 11:19:18 AM
Premium is $3.79-$3.90 here depending where you get it.  (closer to beach, more expensive)

I just returned from three weeks in Europe and after seeing the price of 1.96 POUNDS PER LITER in London at the Hyde Park station, I suddenly don't feel so bad.
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on May 22, 2014, 11:21:30 AM
The fact people in other countries may pay more doesn't make me feel better at all.  I was talking to someone from Saipan the other day and she said they pay over $6 a gallon.  I'm glad I'm not paying that much, but it's approaching $5 a gallon here.  We are being gouged. 
Title: Re: Isle gas prices at all-time high
Post by: OzmO on May 22, 2014, 11:33:36 AM
The fact people in other countries may pay more doesn't make me feel better at all.  I was talking to someone from Saipan the other day and she said they pay over $6 a gallon.  I'm glad I'm not paying that much, but it's approaching $5 a gallon here.  We are being gouged. 

Not like they have to drive very far in Siapan lol
Title: Re: Isle gas prices at all-time high
Post by: Dos Equis on May 22, 2014, 11:35:29 AM
Not like they have to drive very far in Siapan lol

Nope.  Sort of like Molokai, where they have no stoplights.   :)
Title: Re: Isle gas prices at all-time high
Post by: 2Thick on May 24, 2014, 12:33:02 PM
OPEC, taxes, falling dollar, political shakedowns of oil companies passed on to consumer, etc.