Announced in Virginia

[JimH52]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

 

[uscitizen]

That will make the GDP drop?

 

[JimH52]

That will make the GDP drop?

Of course not, but consumer confidence is tied closely to fuel prices.

 

[whitehall]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

In a hurry? How do announced something that might happen in the future? Fifty cents per gallon would be nice but it still would not bring it nearly back to the point it was when O-blame-a took office.

 

[strollingbones]

ever known a drug dealer to lower prices?

 

[Claudette]

I'll believe that when I see it.

 

[beretta304]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

I guess news gets to you by Pony Express. It was announced everywhere else days ago. It had to do with refineries being back on line as well as other issues. Just one example...

3 days ago:

http://www.newser.com/story/156145/gas-prices-may-drop-50-cents.html

 

[Vel]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

Does it not occur to you that it's a problem when government regulations are what is driving the ridiculous prices in the first place?

 

[beretta304]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

Does it not occur to you that it's a problem when government regulations are what is driving the ridiculous prices in the first place?

Nothing occurs to the left until after it happens...

 

[OohPooPahDoo]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

Seems like as long as I can remember - whether it was a Democrat or Republican in the White House - gas prices always drop just before the election!

 

[Katzndogz]

Dropping 50 cents a gal isn't going to help at all. It's not enough to make a difference. In CA, a 50 cent drop will still mean gas at well over $4.00 a gallon.

 

[Dreamy]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

You are easily pleased and impressed?

A change in the gas prices even at a 50 cent downward swing does very little to change the quantity demand and therefore is not likely to be some economic boon or stimulus to the rest of the economy. Besides how much stability do gas prices even have? Zilch.

 

[OldUSAFSniper]

An energy exploration company active in Ohio has declared the Utica Shale formation ”liquid rich” in eastern Ohio, meaning the geological formation contains oil.

Utica Shale is a geological formation found several thousand feet below sea level, much deeper than the commonly discussed Marcellus Shale, a natural gas-rich formation that is now being explored in eastern Ohio and Pennsylvania.

On Thursday, Chesapeake Energy, based in Oklahoma City, released its quarterly earnings report, including in it references to this latest mineral find. Chesapeake, which holds 18 of the 24 permits to drill into Utica Shale in the state, said results of recent drilling indicate oil in eastern Ohio.

”Chesapeake is announcing the discovery of a major new liquids-rich play in the Utica Shale,” the report said, noting that the finding was based on two years of ”proprietary geoscientific, petrophysical and engineering research.”

Chesapeake’s report indicated that the discovery could be worth a $15 billion or $20 billion increase in company value.

"The company believes the Utica Shale will be characterized by a western oil phase, central wet gas phase and an eastern dry gas phase," the report said. Also, it said Utica Shale should be "economically superior to the Eagle Ford Shale in South Texas."

The above publicity release was announced last week. I said then that gas would go lower in the next several months. It will...

 

[Conservative]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

Seems like as long as I can remember - whether it was a Democrat or Republican in the White House - gas prices always drop just before the election!

funny how that works, huh.

 

[Inthemiddle]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

In a hurry? How do announced something that might happen in the future? Fifty cents per gallon would be nice but it still would not bring it nearly back to the point it was when O-blame-a took office.

The low prices of that time were the result of nothing more than the fact that we were in a major recession at the time. Why are you wanting to return to those times?

 

[decker]

It was announced on the radio that gas prices may plummet 50 cents in the next couple weeks due to blend change from summer to winter....That could make a difference in the Economic outlook...

well some good news but worrying man telegraph in uk said va paper justc said the Daily Telegraph of Bluefield, West Virginia endorsed romney

still battle on their and obama did win in 2008 so who knows.