Archive for the ‘Energy Prices’ Category

$5.00+ Gasoline Returns to Southern California

Monday, February 18th, 2013

Gas Prices Over $5 a Gallon in California Again --CBS$5.00 Gas Returns to Southern California –CBS Los Angeles

Gasoline prices in Southern California rose again today, leaving some drivers paying over $5.00 a gallon. FOX News Los Angeles reports that AAA says that the average price of a gallon of self serve regular gasoline in L.A. County has risen 12.3 cents a gallon in a week, 55.1 cents higher than one month ago.

On the 05 February, I wrote here that consumers are spending more at the pump with gasoline prices spiking to record levels for this time of the year.

Remember when ‘Hoax-n-Chains’ claimed in 2008 that rising gasoline prices were the result of George W. Bush’s failed energy policies. Where is the outrage from the political left now, as gasoline prices continue to spike during Obama’s Watch?

Lone Star State Quickly On Its Way to Being Known as “Saudi Texas”

Sunday, February 17th, 2013

Texas Acrive Oil & Gas Wells 2012Texas Active Oil & Gas Wells Image: Texas Comm Environmental Study

(San Antonio Express News) The “Lone Star State of Texas” is quickly earning a new moniker: Saudi Texas–Oil production in Texas is soaring so much that production jumped to an average of 2.139 million barrels a day in November, the best showing in more than 25 years.

Analysts are chalking up Texas booming production to shale plays, especially South Texas Eagle Ford Shale which is quite possibly the largest single economic development in the history of the State of Texas and ranks as the single largest oil and gas development in the world.

Oil Analysts are tossing around the words “phenomenal, amazing and unprecedented” when discussing the numbers.

On the 13 March, 2012 I wrote here long gone are the days of any logical person using the Obama Administrations talking points that the United States has only 2% of the world’s oil reserves, yade, yade, yade…

The reality is, the United States currently has 1.142 billion barrels of technically recoverable oil resources and over 200 years worth of oil at current consumption rates.

More here Exposing the 2% Oil Reserves Myth -IER

H/T: Common Sense Club

Gasoline Highest Level on Record for February

Tuesday, February 5th, 2013

Record High Gas PricesAverage California Gas Prices Surge Past $4.00 a Gallon –L.A. Times

(CNBC) Consumers are spending more on gasoline then they have in nearly three decades. With pump prices at their highest level on record for this time of year, the stage is set for even a greater climb in gasoline prices and related expenditures than in 2012

Flashback: Remember when gasoline prices spiked in 2008 then presidential candidate Barack Hussein Obama said it was the result of George W. Bush’s failed energy polices–today he calls it progress.

Related: Three Reasons Why the Obama Administration is Anti-Energy

More Ohio Energy Production Job Losses Announced Since Obama Reelection

Saturday, November 10th, 2012

(WaPo) After Obama’s reelection, Robert Murray, CEO of Murray Energy an Ohio based coal company, read a prayer to a group of company staff members: “Lord, please forgive me and anyone with me in Murray Energy Corp for the decisions we are forced  to make to preserve the very existence of any of the enterprises you have helped us to build.”

Subsequently, Murray announced layoffs of company employees, citing the Obama Administration’s “War on Coal.”

On the 07 October, I wrote here that more than 34 gigawatts of electrical generating capacity are set to retire thanks to  Obama’s EPA most of these retirements will come from coal fired power plant closures shuttering over 10% of the U.S. Coal fired generating capacity.

Related: ObamaCare’s Lay Off Bomb Detonates –Freedom Works

Obama Administration Shuts Down Oil Shale Development

China Communist Party Blames United States For It’s Unrest

Monday, May 9th, 2011


China “Jasmine Revolution” Activists Clash with Police in Beijing

Beijing has waged its harshest crackdown on speech in years, hundreds of Chinese have been arrested, imprisoned, beaten, interrogated, humiliated and put under house arrest.

China has for years guarded against (evil) Western influences, including blocking social media sites as Twitter and Facebook but these restrictions have intensified since the Middle East and Northern Africa revolts began.

The crackdown on freedom of speech and activism continues in China and is largely aimed at the United States another other foreign (evil) influences as China Digital Times reports.

Related: Chinese Communist Party Blames Rising Fuel Prices on Western Media

China blames United States for Souring Food Prices –Swedish Wire

Obama: China Drill There, Baby Drill There

Wednesday, April 27th, 2011

On the 24 March, I wrote here that Our Great Leader Comrade Obama, offered to assist Brazil with “technology and support” in developing its oil reserves and then said, the United States wants to become one one of their best customers.

While Comrade Obama wants to block all domestic oil and gas exploration in West Texas (arguing that its to save a 3″ Lizard)  replacing the development of our natural resources with windmills in 2009, Obama signed a cooperation pact with China (which isn’t about to hold up energy production to save either a Lizard or even a Snail Darter) offering to provide American expertise so that China may exploit their shale gas reserves.

More here China Plans to Exploit its Shale Gas Resources –Canada Free Press

Chinese Consumers Welcome Rising Gas Prices

Monday, April 11th, 2011

Parody: Rising Gas Prices Welcomed by Chinese Consumers –China Digital Times

Obama either out of touch with reality or demonstrating his disconnect with Americans claimed in March that rising fuel prices are merely a temporary political talking point its peculiar how the GOP influences sky rocketing energy prices in China too.

Last week, I wrote here that Beijing claims that rising gas prices are caused by the Dinosaur Media, Foreign Agitators and Bloggers.

Are You Ready For $7.00 Gallon Gasoline?

Thursday, January 6th, 2011

Gasoline Prices at an Exxon Station Washington. DC  on the 29 December, 2010

In 2004 Congressional Democrats chided the Bush Administration to ease gasoline prices when gas prices were under $2.00 a gallon—In 2006 Sen. Barbara Boxer, D-CA complained, “Since George Bush and Dick Cheney, took over as President and Vice President, gas prices have doubled…They are too cozy with the Oil Industry.”

In 2008, then Speaker of the House Nancy Pelosi, D-CA blasted President Bush for rising gasoline prices. In April, 2008 Senate Majority Leader Harry Reid, D-NV echoed Pelosi’s comments claiming that gasoline prices were “the number one issue facing America today.”

Where is the outrage of Democrat-Socialists today?

Since “Hoax-n-Chains” took office in 2009 the price of oil has skyrocketed 117% surging energy prices will soon have a devastating effect on any potential economic recovery as costs for goods and services at all levels will become catastrophic to American Consumers, as prices for everything must rise to offset the costs passed on by business.

Why have the Democrat-Socialists been silent?

What will happen to the U.S. Economy should gasoline prices spike to $7.00 a gallon?

Ridiculous? Obama’s Environmental Plan Could Mean $7.00 Per Gallon Gasoline

Related: Boxer: Obama will Reject any bill Delaying EPA Climate Change Rules –The Hill

Out of Control EPA Imposes New Rules to Save Klamath River Salmon –Seafood News Today

When Gasoline Hits $4.00 a Gallon, Will it be Slow Enough for Obama? Pajamas Media

Former Shell Oil President Sees $5.00 Gas In 2012

Monday, December 27th, 2010

Former President of Shell Oil Co John Hofmeister says Americans may be paying $5.00 a gallon for gasoline by 2012

Last week the average price for a gallon of gasoline spiked to more than $3.00 nationally—I’ve been paying much more than that for quite awhile, last week I paid about $3.30 a gallon. Gasoline prices are up 4% from a month ago and 16% from a year ago according to AAA

More here from CNN Money

Related: Food Prices Could Hit Record Levels in 2011 –Journal Star, Lincoln NE

West Texas Intermediate Oil Price Trading Firm: $91 Presently–$147 Before Memorial Day?

Rising Gas Prices, Job Killing Energy Policies–Thank Obama

Monday, December 6th, 2010

Gasoline Prices at a San Francisco Shell Station Today

Americans are grumbling about the rising cost for gasoline and for good reason, retail prices are at the highest level in over two years—Crude Oil Prices hit a 25 month high in New York as the U.S. dollar dipped to its lowest level since 23 November, U.S. payrolls increased less than expected and the nations unemployment rate unexpectedly rose to 9.8 pct

Devastating Impact on the U.S. Economy/Jobs Killer: Obama Administration’s decision last week not to open up some of the Gulf Coast and the Atlantic seaboard to new drilling is worrying residents who are wondering if the industry will ever thrive there again.

Related: Another Misstep in Energy Policy –Dallas Morning News