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In reply to the discussion: Why is the price of gas going up? [View all]sendero
(28,552 posts)20. There are lots of reasons...
..... among them being that people who have REAL stuff are getting leery of trading it for pieces of paper that are being printed like there is no tomorrow.
A dollar is not worth a dollar if you toss several trillion of them into the economy in a futile attempt to save a banking system that is on life support.
Expect oil, food, virtually every commodity that you use to rise in price at several percent a year until this nonsense stops, if ever.
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I think trying to kill an economic recovery could be part of the reason why.
applegrove
Feb 2012
#32
Well, I'll wager that you will not find demand up this time of year. Also, did you know that "we"
theophilus
Feb 2012
#34
Big oil threatened "Huge political consequences" if Obama didn't approve the pipeline.
tridim
Feb 2012
#5
Very true. Unfortuantely we can't bypass oil this year or next or even in a decade...
spin
Feb 2012
#33
Record exports of refined gasoline and diesel leaving the market for overseas.
Ikonoklast
Feb 2012
#18
We import the crude, refine it, and ship the refined gasoline and diesel to other countries
FarCenter
Feb 2012
#22
Because they want to point their finger at Mr. Obama and yell "IT'S HIS FAULT".
Booster
Feb 2012
#27