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Killer Gas Pains

New York Post -- Big Apple gas pump prices could hit $4.55 a gallon by Memorial Day — and, at that level, likely stall the economic recovery as consumers dig deeper to fill up their cars.

A government report yesterday confirmed what many motorists don’t want to hear — there’s a “one in four chance the US average pump price of regular gasoline could exceed $4 in June this year.”

Some city gas stations are already charging more than $4 a gallon, but most motorists are currently paying around $3.80 a gallon.

The short-term forecast by the US Energy Information Institute went out on a limb as a grim oddsmaker, due in part to a surprise surge in pump prices last month — the most expensive January for gasoline on record — when prices jumped 20 cents a gallon.

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Submitted Feb 08, 2012 By: TruthMatters

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REPLIES (newest first)

remay Champion Author Houston Posts:5,227 Points:1,761,920 Joined:May 2006	Message Posted: Feb 9, 2012 8:41:06 AM Ignore remay Report Abuse Recovery? Really?
listerone Champion Author Boston Posts:1,810 Points:539,145 Joined:Aug 2008	Message Posted: Feb 8, 2012 9:55:50 PM Ignore listerone Report Abuse Let me guess...."Big Oil"...."Speculators" (says Osama Obama).
alterman156 Champion Author New York Posts:5,625 Points:1,197,650 Joined:Dec 2008	Message Posted: Feb 8, 2012 9:10:49 PM Ignore alterman156 Report Abuse Lighter wallets anyone?
Wanda127 Champion Author Florida Posts:1,501 Points:572,930 Joined:May 2010	Message Posted: Feb 8, 2012 8:43:23 PM Ignore Wanda127 Report Abuse Thanks fullcirclethink. Another reason to vote him out of office Nov. 6, 2012!
esq262 Champion Author Asheville Posts:1,196 Points:299,315 Joined:Jul 2011	Message Posted: Feb 8, 2012 7:40:09 PM Ignore esq262 Report Abuse I have gas pain
TomT2Lee Champion Author Cincinnati Posts:4,220 Points:1,266,780 Joined:Sep 2005	Message Posted: Feb 8, 2012 7:27:43 PM Ignore TomT2Lee Report Abuse As much pain as gas prices seem to be, high gas prices are no where near the top of the list. American's seem to think all their problems are concentric around gas prices. WRONG!!!
Eliano Champion Author Baltimore Posts:1,406 Points:275,725 Joined:Jun 2011	Message Posted: Feb 8, 2012 4:24:04 PM Ignore Eliano Report Abuse no surprise here
peakkeller All-Star Author Colorado Springs Posts:958 Points:529,360 Joined:Dec 2009	Message Posted: Feb 8, 2012 2:44:05 PM Ignore peakkeller Report Abuse This is just a news story trying to make a standard government report more dramatic.
crestliner95 Veteran Author Illinois Posts:293 Points:111,905 Joined:May 2011	Message Posted: Feb 8, 2012 2:40:45 PM Ignore crestliner95 Report Abuse Anyone surprised?
humblepie Champion Author Toledo Posts:17,403 Points:2,011,270 Joined:Mar 2006	Message Posted: Feb 8, 2012 2:13:35 PM Ignore humblepie Report Abuse good for them.........
schatzila Champion Author Los Angeles Posts:3,252 Points:681,040 Joined:Jun 2010	Message Posted: Feb 8, 2012 2:11:48 PM Ignore schatzila Report Abuse Join the crowd
drpepperTX Champion Author Texas Posts:4,969 Points:395,320 Joined:Apr 2011	Message Posted: Feb 8, 2012 2:10:42 PM Ignore drpepperTX Report Abuse Well, he's getting there fullcirclethink.
Vetteblu Champion Author Denver Posts:1,647 Points:469,415 Joined:Oct 2010	Message Posted: Feb 8, 2012 1:31:32 PM Ignore Vetteblu Report Abuse Here we go again, the GBS and the press, two of the biggest evils on the planet!!
humblepie Champion Author Toledo Posts:17,403 Points:2,011,270 Joined:Mar 2006	Message Posted: Feb 8, 2012 12:53:45 PM Ignore humblepie Report Abuse no sympathy here for those anal cavities
fullcirclethink Champion Author Washington Posts:1,685 Points:131,180 Joined:Jun 2009	Message Posted: Feb 8, 2012 12:53:12 PM Ignore fullcirclethink Report Abuse "Under my administration, energy costs would necessarily skyrocket" -Candidate Barack Hussein Obama Mission accomplished?
clpassenubye Champion Author Los Angeles Posts:2,190 Points:428,465 Joined:Mar 2011	Message Posted: Feb 8, 2012 12:48:33 PM Ignore clpassenubye Report Abuse Very sad for Americans and our economy
Night Owl Champion Author Toronto Posts:5,790 Points:1,436,625 Joined:Jul 2004	Message Posted: Feb 8, 2012 12:46:30 PM Ignore Night Owl Report Abuse When is President Obama's April 21st task force on high oil and gas prices finally going to report back? Why isn't Obama doing anything about really high gas prices?
carnifolks Veteran Author New Jersey Posts:354 Points:352,385 Joined:Sep 2006	Message Posted: Feb 8, 2012 12:43:10 PM Ignore carnifolks Report Abuse well then dont go to cali either
Hoporrene Veteran Author Mississippi Posts:262 Points:125,345 Joined:Dec 2011	Message Posted: Feb 8, 2012 12:41:55 PM Ignore Hoporrene Report Abuse I would never live in NY because of garbage like this lol, but I do understand the plan.
TripleHs Champion Author Austin Posts:1,847 Points:599,405 Joined:Oct 2009	Message Posted: Feb 8, 2012 12:03:24 PM Ignore TripleHs Report Abuse pains are mostly caused by speculations
hoosierva All-Star Author Indianapolis Posts:983 Points:240,525 Joined:Jul 2011	Message Posted: Feb 8, 2012 11:54:20 AM Ignore hoosierva Report Abuse they have to test the concept somewhere, and why not in NY or even CA or elsewhere, if it flies there, they will do that everywhere.
SUNOIL Champion Author Toledo Posts:3,412 Points:1,570,930 Joined:Jul 2007	Message Posted: Feb 8, 2012 11:44:00 AM Ignore SUNOIL Report Abuse That would really hurt our economy.
K9LO Champion Author North Dakota Posts:1,417 Points:307,940 Joined:Nov 2010	Message Posted: Feb 8, 2012 11:37:25 AM Ignore K9LO Report Abuse The greedy bastards will not leave us alone. The economy will stifle and we will be in the same fix.