Gas Prices Southaven Ms & Memphis Tn

[rsmith6621]

........$1.71 a gallon up from $1.39 a week ago....I guess bushies goodbye gift has expired now time to place this extortion on President Obama....


...............What is funny is there are no more or less cars on the road today then there were back in Sept when it was nearly $5.00 a gallon.....Supply and Demand is a farce. The Obama administration needs to look at regulating the OIL industry.


What is it in you neighborhood...

[vicman]

1. Here in Santa Fe

$1.74.9 per gallon. The lowest was about $1.54.9, about two weeks ago.

[SheilaT]

4. Lucky me, I filled up my little Honda Civic

two weeks ago at $1.59 per gallon, and since I don't drive much, I still have half a tank.

Also in Santa Fe.

[vicman]

5. I have the same situation

I live three miles from where I work so 12 gallons in my little Saturn SL2 lasts easily for three or four weeks. I do worry about my co-workers who live in Albuquerque and beyond. They are hurting. The Railrunner is a good start but the transit times are proving too long for folks who work 12-hour shifts. 6 hours at home each workday just isn't enough.

[louis-t]

2. Was $1.56, now $1.95

$50 bbl it's $1.56, $37 bbl it's $1.95. Price supposedly will go down in Feb.

[DCKit]

3. Big Oil has not only had a free ride for the past eight years...

they were in on the planning, unless you believe that Uncle Dick's energy meetings were ever intended to benefit U.S..

The current debacle can be laid mostly on the speculators. The commodities markets need to be reigned in and regulated until they squeal. However, Big Oil is also manipulating the supply and that needs to be addressed as a national security issue - the more harm they do to the poor and middle class, the more harsh the depression.

[tech3149]

6. We've only had an increase of about $0.20 in two weeks in W PA

From $1.65 to $1.78. I don't buy that it's the "oil industry" per se. If that were the case, it would follow the price per barrel, refinery output, or a combination of both. My take is that commodities/futures traders have more of an effect on pump price than the official "oil industry", not sayin' they don't have an effect, I just think it's not as big as most would expect. Speculation is nothing more than a gamble and if their playing both sides of the fence with options, they could win either way it goes. Additionally, they aren't bound to paying for their bets if it's in the options market. That can easily be a win-win by playing both sides of the fence.

Just think about those TV/radio guru's who tell you you can make money from investments whether the market goes up or down. I don't know about you, but that sounds like a "too good to be true" scam to me. I don't invest in any company (except for those stupid 401K and IRA investments) that doesn't show some definite market advantage.

I admit that I'm no financial genius so I only put my disgressionary money into companies whoes technology or market I understand. My retirement investments are spread out pretty well, but I've stayed away from the energy industries because they're just too volatile. I don't have the time or energy to follow their effe'd up vision of reality. I've got another ten years before I can get SS or take some of my retirement money back to pay the bills. I figure by then my original investment may be worth something close to what I invested. Back in the day, I considered my retirement investments to be mostly speculation and not worth any more than a good percentage of what I invested, besides that as something above my basic compensation. I was willing to work for my basic pay and figured I'd be screwed out of that "deferred compensation". I've been around the block a few times and I knew that I was on the short end of the stick.

I've been there before and I'll be there again, but I don't give a shit. I spent the last 15 years of my working career being a wage slave to a company that seemed committed to exacting financial suicide. I could no longer commit to supporting an idea that provided no support but required that I sell my soul to assure their survival. What really killed it for me was seeing qualified, intelligent, and skilled employees walking away from, or being turned away from companies that could be a financial resource in the need for serious reconstruction.

I'm just a dumb old drunk. but I've been through the ringer. If you have the ability of critical thinking skills, I'm sure you can provide a good argument for my POV and against it. It might take me a while to put up a good argument, but keep this in mind, I'm not some professional shill, I just believe in the idea that if you put the money to who will spend it, it will do more to restore the viability of the financial market. If you ain't got no money to spend, it doesn't matter how many opportunities you have, it just ain't goin' to happen. Give me and mine good payin' jobs and we'll turn the economy around right quick.