If your area, gasoline price still under this amount then you are lucky but it won't be long.
In this thread I will like to ask our government:

WHAT HAVE YOU DONE SO FAR TO EASE THE OIL PRICE FOR AMERICAN PEOPLE?

SIMPLY NOTHING AT ALL.

Other countries in the world their governments are trying to take care their own people by FREEZING the gasoline price or starting to regular the price with government aid, and of course stop levying on gasoline is another way to ease the PAIN.

NO ONLY YOU HAVE NOT DONE ANYTHING BUT ALSO YOU ADD INSULT TO INJURY TO THE SITUATION.

A VERY WEAK US DOLLAR, Despite all the national deficit and over-printed American Dollars, The 2% interest rate cut in February and March is a blow to our foreign currency investors. They all fled to other countries. On the other hand, this interest rate cut did not help the sub-loan company, the mortgager, the financial institute and bank; the only beneficiary is the Credit Card holder; ironically help the national personal debt to increase to its highest level which will not help our economy at all.

WHAT ARE OUR SOLUTIONS?

1. IMMEDIATELY STOP FEDERAL/STATE TAXES ON GASOLINE

2. REGULATE OUR DOMESTIC OIL PRICE; OTHER COUNTRIES BUY THEIR DOMESTIC OIL CHEAPER THAN IMPORT, WHY ARE WE PAYING THE SAME? This should bring down the price a little.

3. START REBUILD OUR STRONG CURRENCY

4. APPROVE THE ALASAKA OIL DRILLING
This News will definite affects world market price, and those greedy oil nations should think twice before they manipulate the oil price to the next level.



THAT'S ALL I CAN SAY TODAY.

I agree with #1 and #4. #3 is complicated and not a matter of a quick snap decision. Wish it were that easy; but it's not. I totally disagree with #2. More regulation of gas/oil is NOT what we need. That's a big part of our problem right now....TOO MUCH REGULATION.

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"This is a time for a national imperative not to fail in Iraq." Condoleeza Rice, January 11, 2007

#2. Mistake has been taken for raisiing sharp interest rate 2%, we need to fix it.
a. Now the CD nterest rate is too low for people start savings or for retiree to survive on CDs.
b. Too low for Bank/loan/financial institute to make profits so they start charge on everything.
c. Mortgager should learn a lesson by now, there's no quick fix on this problem; get out the house, rent apartment, is not that bad you still have a place to live. Not enough money to buy gas and food is more essential.
d. Credit card debtor should rethink twice before they use that card again. learning how to spend the money only if you have.
e. Our Fed should first stop cutting interest rate, let it stablize first then gradually raise it to a level that foreign currency invetors will eventually come back to purchase US dollar and that is one of the factor can keep dollar strong with the situation we are in.


#3. It may sounds Socialism to regulate our own oil production price but if is necessary there is nothing can't be done, we give our major companies tax break and other aids.
Logically Local production of oil should be cheaper than imports. Luisiana oilman is making so much money now and he still love to see oil price going up and that's GREEDY.

Please view This Chart as I make few points

You'll note from 1946, when this starts, untill 1972 oil and gas prices remained FLAT LINED. This despite massive increases in US demand to fuel gas guzzling muscle cars. Crude trades at around 4 bucks for 28 years

So what happened around 1972 to cause a 100% spike in crude prices. Nixon broke the Brenton-Woods Accords and the United States Dollar became a fully floating, fiat currency backed by nothing. It was the final blow to the US Gold Standard first started in 1933 with the communist scum bag FDR

OPEC liked being paid in gold and since we broke a long standing agreement - they stoped shipping oil

The next big leg up is 1978, (15 to 37 dollars) comes when our puppet backed government in Iran was overthrown and civil unrest ensued.

Reagan come in in 1981, wheels and deals and oils back to 15 bucks

The next leg up (15 to 22) comes from the fist Gulf War, but it's over quick and oil falls again, reaching 12 bucks in 1998, it's lowest price since 1976.

What happens in 1998? Clinton attacks Iraq and the US opens a new policy of removing Saddam - all acts of war. Crude shoots from 12 to 28 bucks

Crude falls back to a low of 23, then Bush invades Iraq and destablizes the entire Middle East region and sends America over the bankruptcy cliff. Crude now stands at 116.97

Whats the point? Government policy is responsible for almost 100% of the rise in crude prices - PLEASE, DON'T ASK THEM TO FIX IT!!!!!!!! Needless wars in oil rich reigons IS THE PROBLEM!! US foreign policy IS THE PROBLEM!!! Debased currency IS THE PROBLEM!!!! Massive government debt and spending IS THE PROBLEM!!!!

You know when I was a little kid in school, we practiced duck and cover drills because everyone feared the USSR would nuke Washington - Now I fear they won't

Regulation never works in the long run as price controls do not either. Waht you end up doing is suprssing the market forces and building a volcano which eventually errupts right in your face. You need to address the supply and the usage problems. The supply is eventually limted and if demand keeps running up the en of the supply line will come quicker.
We should have been working intelligently on alternative energy methods. The market forces will not always solve tha problem by themselves. This is where I differ with the cons and neocons because there are selected targeted times and industries where a government needs to play a role.

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"I will not take the low road to the highest office in the land" - Guess Who? You go it !

it cost almost $70.00 to fill up the Cadillac a couple days ago ...

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Some

Words From History:

“We have known for many years that Saddam Hussein is seeking and developing weapons of mass destruction...” — Ted Kennedy (September 27, 2002)


"The nine most terrifying words in the English language are: "I'm from the government and I'm here to help." - Ronald Reagan.

Personally I think that there is some revenge from the Middle East oil countries toward our invasion in Iraq. This oil price hike is not only driven by market demands, there is some manipulation going on within the oil countries.

$75 for the Durango this morning. I hope most of that money goes to American companies.

Well, if we make our domestic oil price stop surging like the imports, it is not going to starve our oil drilling companies. As far as I know the profits for domestic oil production now is far from SWEET. 2/3 of our oil supply coming from imports while 1/3 is from domestic. If we balance the import oil price with our domestic oil price that certainly will reduce the price a little. For example: imports 2/3 @ $130 a barrel + 1/3 @ $100 a barrel = $120 a barrel. Any effort to reduce the gasoline price is worth exploring.

PS. same theory, if the oil price below the drilling profits for domestic oil production, government subsidies will kick in to return the favor.

where im at it got to 3.49 but i think thats just for the weekend. they tend to make it higher in the weekend because thats when people go places.