Driving the Day: Gas Prices Jump!

Gas prices are on the rise and consumers are being forced to make tough choices. As we saw in 2008, skyrocketing energy prices place a tremendous burden on families and the American economy. Although some analysts are quick to dismiss comparisons between today and 2008, they acknowledge a continued rise in gas prices could prove problematic for the economy.

A new consumer survey found that nearly three-quarters of Americans plan to cut back on their spending if gas prices continue to rise. This does not bode well for America’s struggling economy. And guess what? Gas prices will continue to rise.

America’s energy policy is in disarray and the Obama administration’s refusal to embrace domestic energy production has only exacerbated the problem. It is time for America – and politicians in Washington – to get serious.

Please Share Your Thoughts

10 thoughts on “Driving the Day: Gas Prices Jump!

  1. These gas price changes are effecting everybody’s
    budget continuously, week to week. Things continue to get tighter and tighter, and people will not travel as far as they would have.

  2. These gas price changes are effecting everybody’s
    budget continuously, week to week. Things continue to get tighter and tighter, and people will not travel as far as they would have.

  3. Not only is gasoline being affected but so is aviation fuel and diesel fuel (used for transporting goods and producing goods). The cost of liquid fuel affects all avenues of our lives and this radical forced increase by the Obama administration is restricting the growth of the economy and the freedom of movement of Americans.

    As Steven Chu, Obama’s Energy Secretary said, “Somehow we have to figure how to boost the price of gasoline to the levels of Europe.” Under the Obama Administration Gas Prices alone have surged (gone up) 109 percent. On inauguration day, January 201, 1999, gasoline was $1.09 a gallon. On April 12, 2010 it averaged $3.79 a gallon.

  4. Not only is gasoline being affected but so is aviation fuel and diesel fuel (used for transporting goods and producing goods). The cost of liquid fuel affects all avenues of our lives and this radical forced increase by the Obama administration is restricting the growth of the economy and the freedom of movement of Americans.

    As Steven Chu, Obama’s Energy Secretary said, “Somehow we have to figure how to boost the price of gasoline to the levels of Europe.” Under the Obama Administration Gas Prices alone have surged (gone up) 109 percent. On inauguration day, January 201, 1999, gasoline was $1.09 a gallon. On April 12, 2010 it averaged $3.79 a gallon.

  5. I guess the Energy Secretary gets his gas for free. I’d personally like to know why he wants our gas prices to be that high, and how much stock does he have in oil companies that he’s not telling us about. What about his friends and family? Do they know he would like there to be a great increase in gas to reduce the amount of money they have left to spend on other things? What they don’t tell you is that in Europe and other places in the world with high gas prices, is that their vehicles are smaller and get much better gas mileage. It’s not the cost of the gallon of fuel that really matters, but rather the cost per mile. If you have a vehicle that gets many miles per gallon and the cost of gas is high, then it’s the same as a vehicle that gets low mileage with low gas prices.

  6. I guess the Energy Secretary gets his gas for free. I’d personally like to know why he wants our gas prices to be that high, and how much stock does he have in oil companies that he’s not telling us about. What about his friends and family? Do they know he would like there to be a great increase in gas to reduce the amount of money they have left to spend on other things? What they don’t tell you is that in Europe and other places in the world with high gas prices, is that their vehicles are smaller and get much better gas mileage. It’s not the cost of the gallon of fuel that really matters, but rather the cost per mile. If you have a vehicle that gets many miles per gallon and the cost of gas is high, then it’s the same as a vehicle that gets low mileage with low gas prices.

  7. Some liberals are arguing that high gas prices make alternative fuels competitive. Sounds good, but not so fast.
    There is a small bit of reality, which is known by people who build large-scale system, called a diseconomy of scale. That something can be done at a small scale, doesn’t mean it can be done at a large scale. Or if it can be done the cost doesn’t increase linearly it increases exponentially with size.
    Boston’s Big Dig is an example. Any civil engineering firm can build a tunnel, but building one under downtown Boston for a freeway is different altogether.
    So it will be with the energy distribution system. It will cost trillions upon trillions of dollars to replace what we have. That cost will have to be amortized over the alternative fuel costs and they won’t be competitive for generations to come.
    It’s a silly idea by people who don’t understand the difficult of this task.

  8. Some liberals are arguing that high gas prices make alternative fuels competitive. Sounds good, but not so fast.
    There is a small bit of reality, which is known by people who build large-scale system, called a diseconomy of scale. That something can be done at a small scale, doesn’t mean it can be done at a large scale. Or if it can be done the cost doesn’t increase linearly it increases exponentially with size.
    Boston’s Big Dig is an example. Any civil engineering firm can build a tunnel, but building one under downtown Boston for a freeway is different altogether.
    So it will be with the energy distribution system. It will cost trillions upon trillions of dollars to replace what we have. That cost will have to be amortized over the alternative fuel costs and they won’t be competitive for generations to come.
    It’s a silly idea by people who don’t understand the difficult of this task.

  9. Wasn’t it Chu who said he woud like to see gas prices go to $10 a gallon? So everyone would move towards alternative energy? I say drill here, drill NOW! Use coal, natural gas, and anything else we have in abundance here in America and end our dependence on foreign energy.

  10. Wasn’t it Chu who said he woud like to see gas prices go to $10 a gallon? So everyone would move towards alternative energy? I say drill here, drill NOW! Use coal, natural gas, and anything else we have in abundance here in America and end our dependence on foreign energy.

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