High January Gas Prices Could Signal Dicey Year

There is no easing of gasoline prices this January like we usually see.

Triple A says both gasoline and crude oil prices are at historic highs for this time of year. It says the national average for regular gas rose four cents a gallon last week to $3.39, up 11 cents so far this month.

Triple A says we can thank crude oil prices hovering around $100 a barrel, plus repeal of the ethanol tax credit. Crude oil prices have pushed up from $76 a barrel in October because of increased global demand and optimism about the U.S. economic recovery.

Triple A says analysts believe, and market indicators support, that it will be a tumultuous year for gas prices.

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  • by Anonymous on Jan 16, 2012 at 03:33 PM
    Gasoline was selling for $1.80 on Bushes last day in office. When Obama became president he didn't have to worry about driving up to the pump and paying for gasoline. The working class citizens are getting screwed by Obama's energy policy.
  • by Ben Location: Kinston on Jan 16, 2012 at 01:42 PM
    Unfortunately a slim majority of Americans swallowed "Hope and Change" hook, line and sinker. Now the rest of us are payihng for their stupidity. If this socialist demagogue gets re-elected you haven't seen anything yet compared to what he'll try to do to this country in a second term. I hope all of you welfare folks and union members who voted for him are suffering just like the rest of us.
  • by Anonymous on Jan 16, 2012 at 08:40 AM
    We need a new president in 2012 with an energy policy that will help lower the gasoline prices for working class Americans.
    • reply
      by Anonymous on Jan 16, 2012 at 09:26 AM in reply to
      We need to limit our dependency on Oil, alternate resources are the key, we have got to start somewhere. The Oil companies will do everything to stop the transition, including buying politicians.
  • by Obama Snake Oil co Location: Washington on Jan 16, 2012 at 07:58 AM
    Well, you wanted hopey dopey changey we believey....this is what you get. So you want to guess who is going to pay for it? In 2012, the oil companies expect to pay even higher penalties for failing to blend in the fuel, which is made from wood chips or the inedible parts of plants like corncobs. Refiners were required to blend 6.6 million gallons into gasoline and diesel in 2011 and face a quota of 8.65 million gallons this year. “It belies logic,” Charles T. Drevna, the president of the National Petrochemicals and Refiners Association, said of the 2011 quota. And raising the quota for 2012 when there is no production makes even less sense, he said.
    • reply
      by Anonymous on Jan 16, 2012 at 08:33 AM in reply to Obama Snake Oil co
      Gasoline is a "GLOBAL COMMODITY" neither the United States nor do the president control fuel prices. Your Tinfoil hat has a hole in it.
      • reply
        by Obama Snake Oil co on Jan 16, 2012 at 08:54 AM in reply to
        Thanks for affirming you have no knowledge concernable to the story. Obviously, you cannot read either in a world loaded with facts on the net. I suggest you not post ever again, however, you want all to know what you intelligence level is. Little hint here....When the companies that supply motor fuel close the books on 2011, they will pay about $6.8 million in penalties to the Treasury because they failed to mix a special type of biofuel into their gasoline and diesel as required by law. Now, who controls that? Who do you think will pay that? There are no companies to produce biofuels to fill then number so they get fined and we get fined at the pump. So ponder this; "Why did I vote for this moron" and "how much more will this hopey changey thing cost?"
        • reply
          by Can you read??? on Jan 16, 2012 at 09:16 AM in reply to Obama Snake Oil co
          Crude oil prices have pushed up from $76 a barrel in October because of increased global demand and optimism about the U.S. economic recovery.
        • reply
          by obamanot on Jan 16, 2012 at 11:05 AM in reply to Obama Snake Oil co
          @Can you read???,Do you believe everything you read?Our economy was booming good after carter was booted out(exception of about 4 of the 8 years under clinton)then along came democratic congress the last 2 years of Bush and the economy has sucked since.So why is gas so high now in the U.S.?I highly doubt it is because of a recovery.That liberal line was just put in there to sugar coat things for your anointed one.Thank soros for that...Man I miss BUSH!
        • reply
          by Obama Snake Oil Co on Jan 16, 2012 at 12:31 PM in reply to Obama Snake Oil co
          Do we miss Bush yet? Compared to what we have now, you are so right. I thought the guy would try to at least be an accross the isle kind....nope, its all Obimbo or not. Even when he knows he lost the house for a reason, he still cannot figure out why.
      • reply
        by native on Jan 16, 2012 at 09:42 AM in reply to
        Yes, gas is a global commodity. However, there is is no reason for it to be the USA's largest exprot. Keep our oil and gas at home. We are the world's largest user. Take care of our own first!! It's time our country realizes we must take care of our own then worry with others.....
        • reply
          by Obama Snake Oil co on Jan 16, 2012 at 10:53 AM in reply to native
          The new reality is those other countries don't force oil companies to have all those expensive additives, rules and laws we impose on our shores. Its cheaper to ship it overseas now. Since the new EPA laws hit the books in 08, as I posted, the oil companies are being fined for not mixing biofuels with gasoline...why? No one can produce any of it. So then the fine is passed on to us....I think my feet is bleedin from the shot I took. You hear summer blend nad winter blend....just more money for either coming our way. WE then see people blaming the oil companies when they are only allowed to make a certain price by federal law. Then they audit them...find nothing, nuff said. In perspective, the EPA goes after the oil companies with new adders, restrictions and costly additives=we pay the price for it at the pump and no matter what happens, the oil companies make the same marginal profit they always do. Those big oil companies are no more than refineries now as the oil is sold to them by speculators and OPEC. We refuse to tap into our own real oil so they can make money off our middleclass and poor. It is our wealth redistribution!
        • reply
          by Anonymous on Jan 16, 2012 at 03:26 PM in reply to native
          Well, that Keystone Pipeline will not do anything to keep oil in the United States, only put more profits in Big Oil pockets.
  • by blame on Jan 16, 2012 at 07:55 AM
    Two people to blame Perdue and Obama. Nuff said!!!
  • by Pigman Location: Seven Springs on Jan 16, 2012 at 07:34 AM
    My Grandma died and it was Bushs falt! One of the reasons gas went up is because of the state ! The state makes more money on a gallon of gas than anyone !
  • by Dicey Year? on Jan 16, 2012 at 07:20 AM
    Aw Craps! j/k
  • by Lee Location: Washington on Jan 16, 2012 at 05:24 AM
    It is only higher because of us. We started to drive less and buy fuel saving vehicles in an attempt to avoid using so much fuel to bring the price down. What happened was the opposite. It allowed oil companies to store so much that now they are able to sell it off to other countries for more profit than could be made in the U.S. The big oil companies allow just enough fuel to be released to keep the prices where they want them at to maximize profit in their own country. Remember tha new saying " it's not personal it's just business"
    • reply
      by Anonymous on Jan 16, 2012 at 08:43 AM in reply to Lee
      According to osoc, Obama owns the Oil Companies.
  • by Anonymous on Jan 16, 2012 at 05:08 AM
    And our great state decided to raise the gastax. Thank you, may we have another!
  • by Jay Location: Kinston on Jan 16, 2012 at 04:52 AM
    Where's all the outrage we heard under Pres. Bush everytime gas prices rose a penny ? Haven't heard anything from those same people now that The Annointed One is at the helm !
    • reply
      by Anonymous on Jan 16, 2012 at 06:58 AM in reply to Jay
      Because Obama promised this would happen and the people said yes when they voted for him. There won't be any outrage, this is what the people voted for.
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