Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:18 AM

GasBuddy News Article

54
votes
Gas prices rise amid series of incidents in Middle East

Winston-Salem Journal -- The heat isn't the only thing that has been rising in the Triad.

Gas prices jumped 7 cents a gallon over the past week amid escalating tensions in the Middle East.

The average price of regular unleaded gas was $3.33 a gallon Friday compared with $3.26 a gallon a week ago, according to AAA's Daily Fuel Gauge Report.

Statewide, the average price of regular unleaded gas rose 8 cents a gallon to $3.33 Friday from $3.25 a week ago.

Industry experts said the oil market is responding to a series of events in the Middle East, including concerns that Iran will try to block oil shipments through the Strait of Hormuz and increased fighting in Syria.

"One-third of the world's seaborne oil passes through the Strait of Hormuz," said Tom Crosby, a spokesman for AAA Carolinas.


Read the Full Article

Submitted Jul 21, 2012 By: aservant
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Gas prices rise amid series of incidents in Middle East Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
honda0105
Champion Author Tallahassee

Posts:22,165
Points:2,056,840
Joined:Nov 2008
Message Posted: Jul 24, 2012 5:52:45 AM

let's face it, gas prices rise when a gnat in Siberia sneezes.
Profile Pic
comprof
Champion Author Houston

Posts:9,163
Points:1,802,750
Joined:Jul 2009
Message Posted: Jul 22, 2012 10:18:50 PM

The station in front of my strip center increased prices by 20 cents in two weeks.
Profile Pic
Jeff4U
Champion Author Atlanta

Posts:10,928
Points:2,298,075
Joined:Nov 2004
Message Posted: Jul 22, 2012 10:33:40 AM

Yep, we noticed buddy.
Profile Pic
jrs4125
Champion Author Indiana

Posts:4,764
Points:1,033,560
Joined:Sep 2011
Message Posted: Jul 22, 2012 6:24:09 AM

Middle East tensions..... this is not NEW.
Profile Pic
DrCashFlow
Champion Author Massachusetts

Posts:9,094
Points:2,059,320
Joined:Jun 2008
Message Posted: Jul 22, 2012 5:04:09 AM

Noise
Profile Pic
BEGTWO
Champion Author Maryland

Posts:3,806
Points:1,140,555
Joined:Sep 2010
Message Posted: Jul 22, 2012 1:16:02 AM

OH...NO!!!
Profile Pic
WalRus49
Champion Author Boston

Posts:6,252
Points:1,315,840
Joined:Nov 2010
Message Posted: Jul 22, 2012 12:44:18 AM

Just more organized mayhem and pillage..............
Profile Pic
jkpsr
Champion Author New Jersey

Posts:5,796
Points:1,524,680
Joined:Jun 2005
Message Posted: Jul 22, 2012 12:18:19 AM

Here we go again!
Profile Pic
SparkieMi
Champion Author Kalamazoo

Posts:5,272
Points:1,018,575
Joined:Sep 2011
Message Posted: Jul 22, 2012 12:13:33 AM

Any little or no reason to raise price!!!!!!
Profile Pic
Number43
Champion Author Lexington

Posts:10,913
Points:2,086,315
Joined:Oct 2008
Message Posted: Jul 22, 2012 12:10:20 AM

What about the new oil pipelines that would let the crude bypass the strait.They are in use NOW.
Profile Pic
ronman
Champion Author Detroit

Posts:1,330
Points:70,775
Joined:Aug 2005
Message Posted: Jul 22, 2012 12:08:52 AM

TornadoRed is an idiot
Profile Pic
Dremwolf
Veteran Author Jacksonville

Posts:476
Points:94,370
Joined:May 2008
Message Posted: Jul 22, 2012 12:08:45 AM

Anytime anything happens anywhere in the world speculators twitch and prices go up!
Profile Pic
millerin
Champion Author Orlando

Posts:3,929
Points:867,620
Joined:Jan 2012
Message Posted: Jul 22, 2012 12:08:28 AM

it's jumping more now
Profile Pic
Number43
Champion Author Lexington

Posts:10,913
Points:2,086,315
Joined:Oct 2008
Message Posted: Jul 22, 2012 12:08:24 AM

Speculation pushes up prices
Profile Pic
Beboper
Champion Author Virginia

Posts:10,864
Points:2,610,765
Joined:Oct 2005
Message Posted: Jul 22, 2012 12:07:06 AM

old news
Profile Pic
judgemobile
Champion Author Ohio

Posts:9,699
Points:2,893,135
Joined:Nov 2005
Message Posted: Jul 22, 2012 12:06:52 AM

any excuse, no matter how idiotic, is often used to justify price rise.
Profile Pic
PrinceLH
Champion Author Ontario

Posts:4,829
Points:985,020
Joined:Jun 2011
Message Posted: Jul 22, 2012 12:05:59 AM

Any excuse!
Profile Pic
EASYRYDER
Champion Author Cincinnati

Posts:13,458
Points:2,733,400
Joined:Nov 2006
Message Posted: Jul 22, 2012 12:05:57 AM

NObama 2012
Profile Pic
ricoblanco
Champion Author Chicago

Posts:3,717
Points:806,855
Joined:May 2012
Message Posted: Jul 22, 2012 12:04:28 AM

Yes, but of course
Profile Pic
BMWer
Champion Author Calgary

Posts:3,825
Points:2,095,560
Joined:Dec 2003
Message Posted: Jul 22, 2012 12:04:04 AM

Oh!.... what a surprise
Profile Pic
jem069
Champion Author Detroit

Posts:4,243
Points:1,054,565
Joined:Jan 2011
Message Posted: Jul 22, 2012 12:03:52 AM

Ok
Profile Pic
Beaveronparade
Champion Author Hartford

Posts:3,243
Points:1,059,135
Joined:Mar 2011
Message Posted: Jul 22, 2012 12:03:16 AM

Interesting article. There always seems to be a reason for gas prices to rise.
Profile Pic
bmsgolf
Champion Author Amarillo

Posts:4,108
Points:889,040
Joined:May 2011
Message Posted: Jul 22, 2012 12:00:35 AM

Thanks liberal media
Profile Pic
toadNY
Champion Author Albany

Posts:9,222
Points:1,961,100
Joined:Apr 2008
Message Posted: Jul 21, 2012 11:55:41 PM

Elect obama he said he will put a Stop to Speculation if elected. Oh wait you did an he didn't!
Profile Pic
bonzoonfmb
Champion Author Florida

Posts:2,540
Points:888,110
Joined:Feb 2010
Message Posted: Jul 21, 2012 11:54:08 PM

There is no shortage - gas prices should not be rising.
Profile Pic
PrettyLittleLady
Champion Author Modesto

Posts:5,647
Points:2,325,490
Joined:May 2006
Message Posted: Jul 21, 2012 11:53:37 PM

Some of our prices went up this week.
Profile Pic
MDTDriver
Champion Author California

Posts:11,626
Points:2,590,955
Joined:Jul 2006
Message Posted: Jul 21, 2012 11:53:20 PM

The World is getting to small more than 20 years ago this did not matter in the USA.
Profile Pic
mimico1
Rookie Author Utah

Posts:3
Points:11,030
Joined:May 2012
Message Posted: Jul 21, 2012 11:52:39 PM

If we would buy more ofour oil from Canada and continue too produce our own oil this would not be our problem.
Profile Pic
Focus2
Champion Author Illinois

Posts:8,128
Points:2,053,560
Joined:Mar 2006
Message Posted: Jul 21, 2012 11:50:03 PM

But they haven't tried anything but run off their mouth. That's not worth paying anything for!
Profile Pic
saleboss
Champion Author Phoenix

Posts:4,051
Points:1,201,415
Joined:Feb 2006
Message Posted: Jul 21, 2012 11:44:27 PM

It's always something, or the threat of something!
Profile Pic
billy44bo
Champion Author Mobile

Posts:9,201
Points:1,929,540
Joined:Feb 2008
Message Posted: Jul 21, 2012 11:42:56 PM

Greed runs the oil market
Profile Pic
iceman11
Champion Author Ontario

Posts:2,715
Points:536,425
Joined:Feb 2011
Message Posted: Jul 21, 2012 11:39:06 PM

been going up here steady for a month
Profile Pic
PizzaMon
Champion Author Philadelphia

Posts:6,174
Points:2,281,330
Joined:Jun 2006
Message Posted: Jul 21, 2012 11:36:54 PM

Convenient excuses for what MAY happen.
Profile Pic
bkplenge
Champion Author Tallahassee

Posts:1,867
Points:166,830
Joined:Sep 2005
Message Posted: Jul 21, 2012 11:35:19 PM

Prices did not rise amid tensions, but rose amid speculation!!

[Edited by: bkplenge at 7/21/2012 11:39:48 PM EST]
Profile Pic
dougerstew
Champion Author Oregon

Posts:1,020
Points:1,379,590
Joined:Dec 2005
Message Posted: Jul 21, 2012 11:33:43 PM

bad news...
Profile Pic
TIGERPAW46
Champion Author Florida

Posts:9,252
Points:1,788,535
Joined:Mar 2004
Message Posted: Jul 21, 2012 11:32:51 PM

Oil market is responding to the Speculators buying up supplies then holding the population hostage to paid them the profit they want on each barrel or do without. If you consider all speculators as a group I wonder what percentage of oil getting to the US market goes through them, & what percentage does it take to be considered a Oligopoly. Oligopoly doesn't have to control 100%. Maybe anything over %50 could still control the market & FIX prices.
Profile Pic
Thomtec
Champion Author Nashville

Posts:4,568
Points:1,054,605
Joined:May 2011
Message Posted: Jul 21, 2012 11:26:22 PM

Ok
Profile Pic
pgerassi
Champion Author Milwaukee

Posts:13,038
Points:2,578,215
Joined:Apr 2007
Message Posted: Jul 21, 2012 11:26:11 PM

More BS from CIF issuers.
Profile Pic
Ray_10589
Champion Author New York

Posts:6,923
Points:1,612,350
Joined:May 2009
Message Posted: Jul 21, 2012 11:25:47 PM

buy from Canada
Profile Pic
mstearno
Champion Author Dayton

Posts:9,412
Points:2,115,890
Joined:Jan 2008
Message Posted: Jul 21, 2012 11:24:48 PM

If Iran wants to keep the current do nothing administration they should help lower prices to keep his do nothing butt in office. Otherwise the shocker will be us drilling like crazy and buying from CANADA...
Profile Pic
LostToo
Champion Author Illinois

Posts:4,392
Points:975,315
Joined:May 2009
Message Posted: Jul 21, 2012 11:24:23 PM

It's $3.45 here...
Profile Pic
tco9436
Champion Author Connecticut

Posts:2,518
Points:1,098,510
Joined:Mar 2010
Message Posted: Jul 21, 2012 11:21:32 PM

the real reason is because some saudi prince lost a few million in vegas
Profile Pic
gilfarm
Champion Author Alabama

Posts:8,875
Points:2,387,870
Joined:Sep 2005
Message Posted: Jul 21, 2012 11:20:45 PM

Wondered what was causing the rise!
Profile Pic
TornadoRed
Champion Author Minnesota

Posts:2,317
Points:930,250
Joined:Apr 2005
Message Posted: Jul 21, 2012 11:17:02 PM

QuagmireLA: not only do I "ignore" those who post one-word messages like "OK", but I also "ignore" all those who use key words like "greed", "speculators", "conspiracy" and "big oil".

Also, anyone who else who is brain dead.

Lastly, it was Franklin Roosevelt who said "we have nothing to fear but fear itself" -- not Winston Churchill.

Edit: I also "ignore" those who tell me I should drive less. They need to mind their own business, not tell me how to run mine.


[Edited by: TornadoRed at 7/21/2012 11:18:16 PM EST]
Profile Pic
ace12012
Champion Author Phoenix

Posts:3,527
Points:693,715
Joined:Apr 2012
Message Posted: Jul 21, 2012 11:16:44 PM

gas is up a few cents here.
Profile Pic
Tekkersmom57
Champion Author Syracuse

Posts:3,980
Points:1,141,650
Joined:May 2010
Message Posted: Jul 21, 2012 11:14:46 PM

AGAIN.....with the Iran excuse. Oil jumped way up in Feb. and March to an Iran threat that never panned out. So once again, a threat is there so let those speculators raise the oil prices in anticipation of an oil shortage. When will we ever learn?
Profile Pic
serrog
Champion Author Nova Scotia

Posts:7,691
Points:1,956,885
Joined:Oct 2008
Message Posted: Jul 21, 2012 11:14:06 PM

Greed
Profile Pic
Romey08
Champion Author Virginia

Posts:6,464
Points:1,467,470
Joined:Apr 2008
Message Posted: Jul 21, 2012 11:13:33 PM

The middle-east is always an excuse to raise prices
Profile Pic
AKmailman
Champion Author Alaska

Posts:7,776
Points:2,001,220
Joined:Jul 2004
Message Posted: Jul 21, 2012 11:08:09 PM

gas prices to rise? who'd a thought !!!
Profile Pic
hatterasjack
Champion Author South Carolina

Posts:1,678
Points:1,048,510
Joined:Sep 2007
Message Posted: Jul 21, 2012 11:05:38 PM

We've got to get rid of our dependence on middle east oil.
Post a reply Back to Topics