Gunny G: REMEMBER !!!!! ~ OBAMA Oil sets $7 a gallon gas price target… !!!!! !!!!!

OBAMA Oil sets $7 a gallon gas price target

March 3, 2010 Gunny G Edit Leave a comment Go to comments

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• OBAMA Oil sets $7 a gallon gas price target

  Wednesday, March 03, 2010 8:33:00 AM · by RogerFGay

  MensNewsDaily.com ^ | March 3, 2010 | Roger F. Gay

  To meet the Obama administration’s targets for increasing fuel taxes, researchers say that Americans will have to pay $7 for a gallon of gasoline; about 17 percent more than drivers in green-conscious and generally highly taxed Sweden. In their study, researchers at Harvard’s Belfer Center for Science and International Affairs devised several combinations of tax increases to address 70 percent of the oil used in the United States. The combinations were selected to match fuel consumption reduction targets. Most of their models assumed an economy-wide carbon dioxide tax starting at $30 a ton in 2010 and escalating to $60…

OBAMA Oil sets $7 a gallon gas price target

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OBAMA Oil sets $7 a gallon gas price target (2010) ReBlog…

OBAMA Oil sets $7 a gallon gas price target

March 3, 2010 Gunny G Leave a comment Go to comments

• 

• OBAMA Oil sets $7 a gallon gas price target

  Wednesday, March 03, 2010 8:33:00 AM · by RogerFGay

  MensNewsDaily.com ^ | March 3, 2010 | Roger F. Gay

  To meet the Obama administration’s targets for increasing fuel taxes, researchers say that Americans will have to pay $7 for a gallon of gasoline; about 17 percent more than drivers in green-conscious and generally highly taxed Sweden.

Trump: Obama Cut Deal with Saudis to Keep Oil Prices Low Until Election

CNBC HOST: Donald, you see the OPEC news this morning? Venezuela wants OPEC to stop pumping more, overproducing, they are saying, that, because Saudi Arabia is pumping above the limits it’s supposed to be doing to help us out a little bit and Venezuela is complaining and right now you’re looking at oil prices at about back around $82.

isdees (Photo credit: GunnyG1345)

Fear of Iran is inflating gas prices

NEW YORK (CNNMoney) — Tensions with Iran are adding at least 30 cents to a gallon of gasoline in the United States, and experts say gas prices have only just begun to rise.

Gasoline prices have surged over 10% in the last two months, largely tracking the runup in oil prices, which have increased by a similar amount and are now at a 9-month high.

Several factors have caused oil prices to rise, including the sense that the economy is improving and supply disruptions in a handful of minor oil producing nations.

But the biggest factor by far, say analysts, is fear that tensions with Iran will lead to an all-out war that causes a disruption in oil supplies.

“The market right now is fairly well supplied,” said John Kingston, director of oil, at the analytics firm Platts. “You’ve just got a significant fear factor that things could get worse.”

Oil hits $100, first time since July

Oil hits $100, first time since July

Yahoo Finance ^ | November 16,2011 | Chris Kahn

Posted on Wednesday, November 16, 2011 10:12:59 AM by Hojczyk

NEW YORK (AP) — Oil prices have hit $100 per barrel for the first time in nearly four months.

The price of benchmark West Texas Intermediate crude rose as high as $100.79 in electronic trading on Wednesday. Oil prices have been soaring for several weeks as the economy improves while tensions rise in countries that hold some of the world’s major sources of crude.

Benchmark crude has surged 26 percent since the end of September. It crossed the $100 mark after the Labor Department reported that consumers paid less for gas, cars and computers. As inflation slows, it increases pressure on the Federal Reserve to do more to further stimulate the economy.

When’s the Pump Gonna Plunge??

OK, with oil now trading at just a bit over $81.00 a barrel after today, when is the bottom going to fall out of these gas prices? In New Hampshire today, I just paid $3.65/gallon today.

According to NYMEX.com, the price of RBOB is $2.78/gallon. It seems to me that gas should be somewhere around $3.35/gallon, unless I am missing something.

Anyone have any insight on this?

via When’s the Pump Gonna Plunge??.

Gasoline prices to stay high through 2012, federal agency says

Gasoline prices to stay high through 2012, federal agency says

Gasoline prices to stay high through 2012, federal agency says

Plain Dealer ^ | 5/11/11 | John Funk

Posted on Wednesday, May 11, 2011 12:11:07 PM by Nachum

Gasoline prices will remain high through 2012, the U.S. Energy Information Administration says. The government’s prediction Tuesday assumes significant increases in global oil consumption, oil price increases to go along with that, and even stronger profits for oil companies in the short run.

But it does not mention the volatility that has beset oil markets in the last couple of weeks, driving prices to near record highs. The spikes — driven by massive amounts of investor money electronically moving in and out of the commodities markets — have convinced many motorists that somebody is gouging them.

(Excerpt) Read more at cleveland.com …

via BLOGGER: GUNNY.G.1984.+: Gasoline prices to stay high through 2012, federal agency says.

Gasoline Prices: The biggest market rigger is government itself.

Gasoline Prices: The biggest market rigger is government itself.

Gasoline Prices: The biggest market rigger is government itself.

The Journal Inquirer ^ | 05/08/2011 | Chris Powell

Posted on Monday, May 09, 2011 12:06:35 PM by SeekAndFind

As gasoline prices passed $4 per gallon in Connecticut, Sen. Richard Blumenthal and Rep. Joseph D. Courtney joined President Obama in denouncing “speculators” and urging investigation of manipulation in the oil market. There are a few problems with this.

First is that such investigations have been undertaken before, including investigations by Blumenthal himself during his 20 years as Connecticut’s attorney general, and they never found anything more than the OPEC oil producer cartel’s public but uneven efforts to support the oil price.

Anti-competitive as its activity is, OPEC’s formation a half century ago was only a defensive response to the rigging of the currency markets by Western central banks and particularly by the U.S. Treasury Department and Federal Reserve, which were manipulating the value of the world reserve currency, the dollar, the international means of payment for oil, long before OPEC began to try to manipulate the oil price.

The second problem is that there are always speculators in all major markets.

via BLOGGER: GUNNY.G.1984.+: Gasoline Prices: The biggest market rigger is government itself..

Rising Gas Prices Linked to Obama Drilling Ban in Just 1% of Evening News Stories

Rising Gas Prices Linked to Obama Drilling Ban in Just 1% of Evening News Stories

Rising Gas Prices Linked to Obama Drilling Ban in Just 1% of Evening News Stories

Business & Media Institute ^ | 04/25/11 | Julia A. Seymour

Posted on Monday, April 25, 2011 11:43:07 AM by MissesBush

Main Findings:

- Gas prices have risen almost $1-a-gallon since the Deepwater Horizon oil spill, yet President Obama’s drilling moratorium and other anti-oil policies have barely been mentioned by the networks in that time span.

- Only 1 percent (3 out of 280) of oil price stories since the spill has made any connection between the administration’s anti-oil actions and the jump in gasoline prices.

Full Report:

via Gunny G: BLOGGER 1984 +: Rising Gas Prices Linked to Obama Drilling Ban in Just 1% of Evening News Stories.

As Gasoline Soars, Libyan Rebels Pay 46 Cents a Gallon [Oil Is A Powerful Weapon]

BENGHAZI, Libya — World fuel prices are surging, in part because of the bloody battle to topple Moammar Gadhafi, but there’s one place where the price of a gallon of gasoline actually has dropped: war-torn Libya.

Rebels in eastern Libya filling up their tanks as they head to battle down the country’s coastal highway are paying 25 percent less than they did before their revolution began last month.

Today, gasoline costs the equivalent of 46 U.S. cents a gallon; last week, the price was just over 62 cents.

(Excerpt) Read more at mcclatchydc.com …

via As Gasoline Soars, Libyan Rebels Pay 46 Cents a Gallon [Oil Is A Powerful Weapon].

“Humanitarian Wars are Good for Business”…. Speculators Applaud ~ “appropriated from households which must now pay a higher price for fuel”

What this means is that powerful institutional speculators on Wall Street with links to the US military and intelligence establishment will cash in on billions of dollars in speculative gains not only in the oil market but also in the commodity and foreign exchange markets.

This money is appropriated from households which must now pay a higher price for fuel.A “humanitarian war” would be “good for business”. It serves the interests of the institutional speculators, it contributes to a further process of appropriation of money wealth.

ARTICLE CONTINUES BELOW

via “Humanitarian Wars are Good for Business”…. Speculators Applaud.

Wars, Rumors Of Wars, Skyrocketing Oil Prices And Global Economic Chaos – Why Is All Of This Happening?

Did anyone out there anticipate that 2011 would be such a wild year? The year is barely over two months old and we have already seen multiple civil wars erupt, rumors of more wars all over the mainstream media potentially even including the United States, riots and revolutions breaking out all over the globe, oil prices soaring into the stratosphere and chaos on global financial markets.

So why is all of this happening?

Is all of this one big coincidence or is there a reason why we are witnessing such global chaos right now?

Is it just coincidence that revolutions have broken out in over a dozen countries in the Middle East all at the same time? Is it just a coincidence that global prices for oil, food and precious metals are all skyrocketing?

Is it just a coincidence that world financial markets suddenly seem more vulnerable than at any time since 2008?

Looking at what is going on in the world right now, it is very tempting to use the phrase “a perfect storm” to describe it. Unfortunately, this “perfect storm” is very likely to plunge the global economy into yet another financial collapse if it continues to get even worse……………………..

Obama Awards His Arab Islamic Oil Sheik Buddies with Skyrocketing Gasoline Prices

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Obama Awards His Arab Islamic Oil Sheik Buddies with Skyrocketing Gasoline Prices

Bloggers & Personal ^ | 23 Feb 11 | XzinsPosted on Wednesday, February 23, 2011 4:29:36 PM by xzins

Dear King,How do you think this will work, Your Majesty?

To get oil prices skyrocketing I’ll comment on Egypt and Mubarak and make it seem like chaos…even depose the old boy.

Then we can get people worrying about the Suez and whether oil will flow.After that we’ll turn our attention to Libya. Can’t stand that doofus Khadafy, anyway.

And if I let Libya descend into chaos without comment, then our mutual friend’s speculators will throw their money at higher futures.

They can say they’re worried about Libyan high grade oil. And you and the glorious realm of Mecca will benefit.Yes, my dear King, since I bowed before you, I’ve been so busy getting the American economy screwed up that I’ve not had much time to talk.

First, we had to stop drilling for oil, and we’ve done pretty well with that. Praise Allah for oil spills in the Gulf.Next, there was the whole collapse of the global warming scam, and that made those green energy alternatives harder to bring up. You and I know many of those things just won’t work no matter what, but can you believe our voters think that non-existent, unbuilt wind mill farms are reason to cut back on real energy today? Even if they had them, they wouldn’t give the needed energy…but I digress.

Those farms will work for us, though. They’re part of our total plan of “green” excuses and green alternatives for shutting down natural gas, shale, and coal energy. And that’ll drive your oil prices even higher.Can you say, “Happy Harem.”How about a little shout out for $7 a gallon gasoline and $200 a barrel oil? That’ll fill the coffers, won’t it?And just think,……………………….

We Called It: Forecast Of Huge Public Worker Protests, Age Of Rage, Oil Price Surge Unfolds

You heard it here first – revolutions, austerity, energy and food inflationWe Called It: Forecast Of Huge Public Worker Protests, Age Of Rage, Oil Price Surge Unfolds 230211top1Image: Wikimedia CommonsPrison Planet.comWednesday, February 23, 2011

Having often been accused of exaggerating, engaging in alarmism or outright fabrication by the establishment media, our regular readers will indulge us for tooting our own horn on the fact that we predicted the public worker demonstrations now happening in Wisconsin, along with the rage spreading across the Middle East, as well as soaring oil prices in June last year, and indeed as far back as February 2008.

Three years ago in February 2008, six months before the onset of the economic collapse, we were able to forecast that there would be food riots as a result of soaring inflation, which was one of the key factors behind the revolution in Egypt.But more specifically, in early summer last year we began to write a series of articles warning of an “age of rage” that would spread across the globe and also impact America as a result of the onslaught of brutal austerity measures.

“The global elite may find themselves with an entirely different kind of revolution on their hands – one led by the people against the corrupt plu tocrats,” we warned. That revolution is now spreading like wildfire across the Middle East and North Africa, which is why the globalists are so keen to hijack and steer it towards their own ends.

The elite were prepared for the onset of revolution because they knew their economic collapse would be the spark to inflame it.We didn’t have a crystal ball, we merely reported on what the elitists were talking about in their own publications, things like UN reports and Bilderberg-owned newspapers like the Financial Times, while also factoring in what happened in the 1970′s, when there were huge upheavals in society despite the fact that the austerity cuts were only about a quarter of what they are now…………………………

CNBC Host Erin Burnett Implies America Should Support Foreign Dictators To Keep Flow Of Cheap Oil

“One more thing,” Burnett remarked. “If this spreads, the United States could take a huge hit because democracy in a place like Saudi Arabia, you’ve talked about who might come in power, what that means for oil prices. They’re going to go stratospheric.”RELATED: CNBC anchor implies US must support dictators to keep cheap oil flowingFLASHBACK: CNBC’s Erin Burnett: We Need China’s Toxic Food And Lead Coated Toys To Keep Economy Strong Social bookmarks Social bookmarks Email this article Email this article Print Print this page

Oil Continues Climb In Line With Lindsey Williams’ Prediction …

 

On December 16, Lindsey Williams told Alex Jones the price of crude oil will soon hit $15-200 per barrel and this would translate into gas prices in the range of $4-5 per gallon. Williams, an ordained Baptist minister who went to Alaska in 1971 as a missionary, was told about the price increase by insiders in the oil industry he had befriended.