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Author	Topic: Salazar: 'No one knows' if US headed to $9/gal gas	Post a Reply Back to Topics

comprof Champion Author Houston Posts:6,859 Points:1,356,750 Joined:Jul 2009	Message Posted: Apr 25, 2012 9:45:44 PM Ignore comprof Report Abuse Department of Interior Secretary Ken Salazar said that "no one knows" if gasoline prices in the United States will reach $9 per gallon, and acknowledged that the possibility is outside his control. "I don't think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy," Salazar told reporters when asked if gas prices could reach $9 per gallon, as they have been in Greece. "Where it will all end, no one knows. He explained that "what we see happening today are the influences first of unrest in places like the Middle East and Iran, which disrupt the markets and allow the futures markets to play on some of what they see [in] the unrest around the world; and secondly the huge demand that you've started seeing in places like C Visit The Washington Examiner for full article

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Message Posted: Apr 25, 2012 9:45:44 PM

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Department of Interior Secretary Ken Salazar said that "no one knows" if gasoline prices in the United States will reach $9 per gallon, and acknowledged that the possibility is outside his control.

"I don't think anyone can speculate what will happen with respect to oil prices and gas prices because they are set on the global economy," Salazar told reporters when asked if gas prices could reach $9 per gallon, as they have been in Greece. "Where it will all end, no one knows.

He explained that "what we see happening today are the influences first of unrest in places like the Middle East and Iran, which disrupt the markets and allow the futures markets to play on some of what they see [in] the unrest around the world; and secondly the huge demand that you've started seeing in places like C
Visit The Washington Examiner for full article

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goldseeker Champion Author West Virginia Posts:19,545 Points:2,718,815 Joined:Sep 2005	Message Posted: Apr 27, 2012 5:41:33 AM Ignore goldseeker Report Abuse Really?
ExplorerWA Champion Author Washington Posts:4,078 Points:796,275 Joined:Feb 2011	Message Posted: Apr 26, 2012 8:02:57 PM Ignore ExplorerWA Report Abuse We have more oil and gas in the US than the Saudi's have. Let's quit fooling around and go for it.
frostyWV Champion Author West Virginia Posts:2,339 Points:519,235 Joined:May 2011	Message Posted: Apr 26, 2012 6:15:48 PM Ignore frostyWV Report Abuse speculation.
dougtaylor1 Champion Author Phoenix Posts:1,751 Points:446,575 Joined:Jun 2011	Message Posted: Apr 26, 2012 4:31:47 PM Ignore dougtaylor1 Report Abuse Let's get rid of the department of energy so we can afford to pay the market rate instead of getting screwed by oil and government
crep1291 Champion Author Ottawa Posts:2,578 Points:480,900 Joined:Dec 2010	Message Posted: Apr 26, 2012 9:01:15 AM Ignore crep1291 Report Abuse Indeed gas will one day cost 9$/gal. Rising demand, extraction and refining costs, inflation and need for increasing taxes all point towards higher gas prices in the coming years. The only question is when will get there?
Travel1st Champion Author Las Vegas Posts:2,920 Points:470,660 Joined:Aug 2011	Message Posted: Apr 26, 2012 8:14:24 AM Ignore Travel1st Report Abuse Speculators.
Eugene_C Champion Author Columbus Posts:2,299 Points:155,995 Joined:Mar 2004	Message Posted: Apr 26, 2012 7:21:00 AM Ignore Eugene_C Report Abuse "No one knows if US is headed to $100/gal gas" Can I get paid for this one, too? :-P
A2J Champion Author Richmond Posts:3,070 Points:601,975 Joined:Aug 2011	Message Posted: Apr 26, 2012 7:02:01 AM Ignore A2J Report Abuse $9-a-gallon...hell no chance even in next decade..,
remay Champion Author Houston Posts:6,963 Points:2,116,640 Joined:May 2006	Message Posted: Apr 26, 2012 6:32:03 AM Ignore remay Report Abuse Need to pursue ALL alternate energy sources, so if it gets that bad, it's not as much of an impact on us.
58salty Champion Author Jacksonville Posts:6,605 Points:628,915 Joined:Aug 2011	Message Posted: Apr 26, 2012 6:00:15 AM Ignore 58salty Report Abuse You are joking with this article right? If America would take care of America first I know it would not happen. If we the people took OUR country back I know it would not happen. If Obama was gone scare tactics would not be the norm. Please don't insult us with articles like this. No doubt Ken Salazar is an Obama puppet, Impeach O & fire this clown.
BlackGumTree Champion Author Virginia Posts:18,439 Points:1,459,665 Joined:Dec 2005	Message Posted: Apr 26, 2012 5:52:17 AM Ignore BlackGumTree Report Abuse The US went from a 3¢ 1st class postage stamp to a 45¢ 1st class stamp, a 1500% increase over the last 60 years while the actual cost of collecting and delivering mail in terms of time and material has gone down. Most of the rise in the price of everything is due to excessive Deficit Spending by the US Congress. This is how the Federal government robs the American people. The excessive Deficit Spending makes the money less valuable causing a situation where more money must be paid to obtain a fair exchange of value for anything. But the rise in the price of fuel exceeds that caused by excessive Deficit Spending do to the anti-American policies of the Obama administration enabled by his fiends in Congress. We need an administration that works for the good of all Americans, not just a few unrealistic ideological idealists. We will get to $9 a gallon for gasoline if Congress keeps up its excessive Deficit Spending and we will get there sooner with the policies of the idiots in the current administration. The bottom line is: Who will you help put in office in November, 2012? Your vote counts!
lcleveland Champion Author San Antonio Posts:2,656 Points:650,075 Joined:May 2011	Message Posted: Apr 26, 2012 5:27:47 AM Ignore lcleveland Report Abuse whaaat???????? isn't 5.00 enough
mike1881 Champion Author Fayetteville Posts:1,295 Points:564,425 Joined:Feb 2011	Message Posted: Apr 26, 2012 5:19:28 AM Ignore mike1881 Report Abuse Sure hope not. I'll get on welfare and let obama take care of me like the rest of the deadbeats in america
me2002 All-Star Author Toledo Posts:763 Points:319,205 Joined:Dec 2011	Message Posted: Apr 26, 2012 5:11:12 AM Ignore me2002 Report Abuse Sounds like chicken little.
smokinjoe54 Champion Author Ohio Posts:4,718 Points:911,785 Joined:Feb 2010	Message Posted: Apr 26, 2012 4:52:57 AM Ignore smokinjoe54 Report Abuse Not good. I guess walking is healthier anyway.
tbgasmizer Champion Author Ontario Posts:6,053 Points:1,230,620 Joined:Oct 2009	Message Posted: Apr 26, 2012 4:44:47 AM Ignore tbgasmizer Report Abuse Salazar is so full of crap it,s coming out of his ears.
carolsgym Sophomore Author Maine Posts:193 Points:206,065 Joined:Feb 2011	Message Posted: Apr 26, 2012 4:41:24 AM Ignore carolsgym Report Abuse There is that good old fear tactic. Obama wants us scared, so we will panic and keep him in office. Time for Obama and Congress to go, they are making us weaker day by day.
tomok Champion Author Portland Posts:32,995 Points:2,345,510 Joined:Aug 2006	Message Posted: Apr 26, 2012 4:40:00 AM Ignore tomok Report Abuse If 'No One knows' then do not report! The higher the price of fuel, the worse the US economy. Big Oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit. Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible! The price of fuel at the pump is too high! 12/22/2012!
bluestang96 Veteran Author Ohio Posts:268 Points:107,865 Joined:Mar 2012	Message Posted: Apr 26, 2012 4:36:21 AM Ignore bluestang96 Report Abuse Maybe someday...
07skydriver Champion Author Ohio Posts:3,255 Points:982,130 Joined:Feb 2009	Message Posted: Apr 26, 2012 4:33:11 AM Ignore 07skydriver Report Abuse In the long run it's not headed down. A demand increases, and it will, supplies will dwindle, costs will increase.
Z06KY Champion Author Louisville Posts:5,145 Points:905,715 Joined:Nov 2010	Message Posted: Apr 26, 2012 4:32:26 AM Ignore Z06KY Report Abuse We shall see!
Ltdc Champion Author Long Island Posts:7,215 Points:1,677,120 Joined:Jul 2007	Message Posted: Apr 26, 2012 4:31:21 AM Ignore Ltdc Report Abuse If it does, you might want to buy stock in a bicycle company.
RichardoB Champion Author Fayetteville Posts:7,997 Points:2,002,210 Joined:Jun 2007	Message Posted: Apr 26, 2012 4:31:11 AM Ignore RichardoB Report Abuse Let us all speculate.
sailfreeMI Champion Author Michigan Posts:2,291 Points:457,825 Joined:Jul 2011	Message Posted: Apr 26, 2012 4:29:32 AM Ignore sailfreeMI Report Abuse Please don't compare our economy to that of Greece.....yet.
beohbeNJ Champion Author New Jersey Posts:2,042 Points:533,455 Joined:Sep 2011	Message Posted: Apr 26, 2012 4:28:46 AM Ignore beohbeNJ Report Abuse The speculators know.
dave364 Champion Author Lansing Posts:4,947 Points:1,437,380 Joined:Nov 2007	Message Posted: Apr 26, 2012 4:27:53 AM Ignore dave364 Report Abuse hang all speculators
acvw74 Champion Author Illinois Posts:2,105 Points:689,100 Joined:Apr 2011	Message Posted: Apr 26, 2012 4:27:19 AM Ignore acvw74 Report Abuse What a bunch of speculator spin...remember to vote.
ds531 Champion Author Texas Posts:2,872 Points:591,755 Joined:Sep 2011	Message Posted: Apr 26, 2012 4:27:02 AM Ignore ds531 Report Abuse MMMMMMMMMMmmmmmmm
Rick52 Champion Author Milwaukee Posts:12,029 Points:1,198,645 Joined:Mar 2005	Message Posted: Apr 26, 2012 4:26:04 AM Ignore Rick52 Report Abuse Just starting more Rumors.... This is what starts the fire....On high prices...
SUPPER Champion Author San Bernardino Posts:2,473 Points:1,287,745 Joined:Dec 2004	Message Posted: Apr 26, 2012 4:25:17 AM Ignore SUPPER Report Abuse Hahaha don't make any sence
OilerFan Champion Author Tulsa Posts:14,040 Points:2,446,600 Joined:Aug 2005	Message Posted: Apr 26, 2012 4:25:01 AM Ignore OilerFan Report Abuse We know we are headed for $9 gasoline. It's just a question of how long it'll take to get there.
GatorDone Champion Author Savannah Posts:2,396 Points:1,987,830 Joined:Feb 2006	Message Posted: Apr 26, 2012 4:24:39 AM Ignore GatorDone Report Abuse Really? Like people could pay that? You've turned up the heat gradually enough that we've endured - so far. Not without consequencs. Much more and we're done ... all of us.
GLM4205 Champion Author Toledo Posts:4,052 Points:799,320 Joined:Dec 2010	Message Posted: Apr 26, 2012 4:23:46 AM Ignore GLM4205 Report Abuse I agree with package82.
bladecutter Champion Author Houston Posts:4,851 Points:983,100 Joined:Nov 2009	Message Posted: Apr 26, 2012 4:23:19 AM Ignore bladecutter Report Abuse Politics & politicians.
jboyle Rookie Author Wichita Posts:27 Points:592,175 Joined:Mar 2011	Message Posted: Apr 26, 2012 4:23:05 AM Ignore jboyle Report Abuse Drill Baby Drill!
JSX515 Champion Author St. Louis Posts:3,709 Points:801,370 Joined:Feb 2011	Message Posted: Apr 26, 2012 4:22:56 AM Ignore JSX515 Report Abuse If it did there would be revelotion. Tree huggers run for your lives
LoneGuy Champion Author Lansing Posts:8,475 Points:2,317,020 Joined:Aug 2005	Message Posted: Apr 26, 2012 4:22:39 AM Ignore LoneGuy Report Abuse If Obama and Chu can make it happen they will be happy and giddy. It will justify their alternative fuels agenda. Obama will be a singe term president. Those will be two promises he made that will both destroy on the fuel price shock and give some hope at a better future after he leaves.
BANKIS2 Champion Author Phoenix Posts:4,261 Points:913,580 Joined:Aug 2010	Message Posted: Apr 26, 2012 4:22:32 AM Ignore BANKIS2 Report Abuse we need to be self sufficient in our energy needs
Skipper52 Champion Author Massachusetts Posts:7,408 Points:1,590,985 Joined:Oct 2008	Message Posted: Apr 26, 2012 4:22:29 AM Ignore Skipper52 Report Abuse If you say things like that, then they will happen.
LocalSpyGuy Champion Author Tampa Posts:7,795 Points:1,584,200 Joined:Nov 2008	Message Posted: Apr 26, 2012 4:22:21 AM Ignore LocalSpyGuy Report Abuse Use alternatives to gas and you won't have to worry about it.
hcivic Champion Author Virginia Posts:3,849 Points:2,264,740 Joined:Aug 2005	Message Posted: Apr 26, 2012 4:22:00 AM Ignore hcivic Report Abuse sure hope not
PADI Champion Author Ontario Posts:5,144 Points:1,261,870 Joined:Nov 2008	Message Posted: Apr 26, 2012 4:21:25 AM Ignore PADI Report Abuse Lets hope not.
Hazelnut Champion Author Greensboro Posts:3,183 Points:937,375 Joined:Sep 2003	Message Posted: Apr 26, 2012 4:21:18 AM Ignore Hazelnut Report Abuse Ken Salazar probably has his pockets full of Oil and Gasoline Stocks and he would want $9 per gallon to earn a hefty profit.
g747 Champion Author Mobile Posts:4,536 Points:932,695 Joined:Jul 2009	Message Posted: Apr 26, 2012 4:20:52 AM Ignore g747 Report Abuse Our economy would shut down period !!!!!!!!!!!!!!!!.
exd121 Champion Author Ottawa Posts:1,816 Points:464,500 Joined:Sep 2010	Message Posted: Apr 26, 2012 4:20:30 AM Ignore exd121 Report Abuse Speculation and Greed, that run gas price not supply and demand
rcohan2 Champion Author South Carolina Posts:1,882 Points:1,256,365 Joined:Oct 2008	Message Posted: Apr 26, 2012 4:19:22 AM Ignore rcohan2 Report Abuse I'm sure that at some point, gas will be $9/gal. My dad never thought it would hit $1 and it did that over $25 years ago.
turbosaab Champion Author Cleveland Posts:19,009 Points:2,339,220 Joined:Sep 2006	Message Posted: Apr 26, 2012 4:19:15 AM Ignore turbosaab Report Abuse Obama doesn't know; that's for sure.
ncclyde Champion Author Charlotte Posts:15,223 Points:2,402,440 Joined:Dec 2005	Message Posted: Apr 26, 2012 4:17:19 AM Ignore ncclyde Report Abuse at the rate the dollar is loosing it's value, it'll be here before we know it.
Badmoon Champion Author Massachusetts Posts:8,303 Points:1,650,515 Joined:Oct 2008	Message Posted: Apr 26, 2012 4:17:02 AM Ignore Badmoon Report Abuse Taxes can get us to those high prices.
snarkysmarko Champion Author Baltimore Posts:3,072 Points:687,480 Joined:Nov 2010	Message Posted: Apr 26, 2012 4:16:39 AM Ignore snarkysmarko Report Abuse NOOOOOOOO!!!!!!!! He probably wants it to be there, though.