Gas prices were higher sometime mid last year and nobody was afraid to take it on then. Let’s at least wait til they go where they’re projected. 

While it might be standard operating procedure for some to automatically assume the news media are “hiding” this story, I think it is more likely the situations in Europe and the Middle East coupled with the GOP presidential race make this story easily overlooked.  If the predictions of $5 gas come true this summer and still the news media says nothing or buries it then the complaints would be warranted.

when it hits $5 a gallon this summer, they will have to talk about it…

But, they were higher under Bush.

Oh wait, Bush is not running.

Maybe if the GOP candidates and their conservative friends could stop saying batshit crazy things for just one day,the media would actually have time to talk about something else.

Just saying.

Hmmm that’s funny. Fox is talking about it. Guess they’re openly acknowledging that they’re NOT the media?

You can thank Israel’s war-mongering for that.

Front page of MSNBC: http://video.msnbc.msn.com/nightly-news/46457813/

CNN: http://money.cnn.com/2012/02/19/markets/stocks_lookahead/index.htm?iid=mkt_SF_news

ABC News: http://abcnews.go.com/Business/gas-hit-dollars-gallon/story?id=15574151#.T0LvKHJSRoA

CBS News: http://www.cbsnews.com/8301-505266_162-57381237/expert-attack-on-iran-may-mean-$200-barrel-oil/?tag=stack

YEP THEY SURE ARE FEARFUL OF REPORTING IT!

Every news station is dealing with gas prices, however just about everybody knows the President does not control the price of gas. Newt’s claim on lower the price to $2.50  sounds a little like Bachmann cliam a few months ago, and we see where that got her.

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I love how they criticize the “mainstream media” while in the next breath bragging that they are number one in the ratings. 

Our top export is gasoline. We have the highest supply since ’97.  There is something fishy going on and I believe speculation is responsible for it.   

Again gas prices are due to middle east conflict and the fact that gas is now traded on the commodities market and therefore greatly inflated due to speculation. The only thing that Obama can do is roll back the deregulation and then the right will be up in arms about price fixing, socialism, & communism. The fact is, is that wall street wants the price to be high due to the trade value and the effects on the costs and profits of goods across the board.

And speculation. It’s the same technique that imperialists used on their colonies: buy up necessary supplies to drive up the price and then sell the unused goods back for much more. When you have no choice but to buy bread or, in this case, gas to go work… 

The only problem with that is…..Obama blamed Bush for high gas prices when he (Obama) was running.  

fox is nothing but an organised fascist party

Even YOU don’t believe what you just said.  

I don’t believe that high gas prices will be blamed on the president.  I believe most people know that the president of the United States does not control the price of gas.  At the same time, high gas prices can derail the recovery and that could be blamed on Obama.  

It was the lead story on CBS Evening News and the second story (behind the campaign) on both ABC and NBC news broadcasts. So how is it being ignored?

THey will blame it on Bush…

 I am willing to bet those that watch fox news do not watch any other station’s news. Not everyone, but a very big majority. I does not matter if the other stations are reporting on the gas prices, the sheeple will just take FoxNews’ word for it.

 I guess a large neighboring country with well advanced plans to produce nuclear weapons and an avowed purpose of wiping Israel off the map has nothing at all to do with it, eh? And please disregard the fact that they are an oil producing nation that has just cut off supplies to Europe as well. It’s ALL Israel’s fault. And….BUSH!!!!

Alex why don’t you go write for The Blaze or The Daily Caller already? At least try and support your position.. You write talking points that get slapped down by post 2 or 3 on every one of your blog posts threads.. So hacky..

This is what happens in every election cycle, I expect in the coming months it will only get worse. The GOP will blame every known problem in the universe on Obama and only we will be able to fix it. So, you reckon you could vote for me….please. 

President controls the permits to allow drilling here in the USA , He also takes a back seat to whats accruing in the Middle East 

 Apparently you were just born yesterday or recently fell off the proverbial turnip truck as you obviously don’t recall that when gas prices rose under Bush there was a continuous barrage of calls for him to do something RIGHT NOW. He HAD, HAD, HAD to do SOMETHING!!!

I’ll bet you good money we won’t see that this time around. But if these prices keep rising and we get the usual summer driving season spike “the folks” will blame the President even if the media doesn’t. And a lot of those folks will be the 11 million unemployed “not counted” in the rosy numbers the Democrats love to tout. They, and their friends and families, are well aware of the real situation and will have a dramatic effect on the election, no matter that the MSM tends to ignore them.

Energy Secretary Steven Chu—“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe.”

Mission Accomplished

Ok

You know the crazy thing is that lets say Gingrich could wave a magic wand and make gas prices 2.50 cents a gallon. That would come at the expense of the domestic oil industry and thousands of oil workers would get laid off. Because then it wouldn’t be worth it for them to drill, it wouldn’t be cost  efficient. No one ever talks about that…..   Do you guys watch gold rush? Its the same concept, gold is around 1800 bucks an ounce, which makes it worth it for those guys to try and mine it. If it was back down to 800 bucks an ounce they wouldn’t even be trying because the cost of pulling it out of the ground out weighs the reward. Just something to think about. When prices go down in the commodity market people also lose their jobs. Crazy world:)

Maybe the republicans should take a good look at history.   Average Gas price on west coast on July 28, 2008 was $4.30 a gallon.

You are right about that.  On July 28, 2008 the average price of a gallon of gas on the west coast was $4.30.

 Why do you libs care ? Don`t you all listen to your dear leader and drive volts ?

That’s weird.  I couldn’t find a video at all with the Sec of Energy, Steven Chu saying that.  BUT, I did find one of him saying that we can use the gasoline and other energy sources more effectively and in the long term driving the costs down.

http://www.youtube.com/watch?v=1cUFjZSSrHU

The President’s investment in high speed rail which would drive use of oil down.

http://www.youtube.com/watch?v=k4yFsaxw6L8&feature=related

No one else would ever think of Michael Reagan as a “GOP Strategist”.  I would call him a “GOP Name-dropper”.  His own adopted father who he didn’t live with, went 5 years without even seeing him. 

One thing the president can do is release some of the reserve and Bush stood steadfast and wouldn’t release any of the reserves.

The republicans won’t even acknowledge that we export 2 million barrels a day.  That people, is equivalent to the oil being pumped out of Iraq every day.

 I do.

You know I did a search on the NY Times website for ‘gas prices’ and there seems to be an article just 2 DAYS AGO.
http://www.nytimes.com/2012/02/19/us/politics/high-gas-prices-give-gop-issue-to-attack-obama.html?scp=2&sq=gas%20prices&st=cse

Starting with: Misconception No. 1 - Most American spend their money on Made in China. False – 2.7% of American consumption goes to China. 88.5% of American consumption goes to American made goods and services.Misconception No. 2 - We owe most of our debt to China. False – China owns 7.6% of outstanding U.S. debt. Misconception No. 3 - America gets most of it’s oil from the Middle East. False – Just 9.8% of oil consumed comes from the Middle East. Then look at Big Oil and Big Gas advertising the Keystone XL pipeline. Americans are not stupid, but repeated advertising by the big “Personhood” corporations have already started anti-Obama depictions. Then consider people have already lost some of their farms through “Eminent Domain” and other means for the pipeline, which hasn’t been approved by the president. Then take into consideration the TEA-GOP-Republican House making efforts to remove the president’s authority to make this decision over objections of clean air, ground and water organizations. Why? Because the TEA-GOP-Republican membership discount Global Warming or call it a myth. Much of what is finished product is shipped overseas or neighbor countries at a profit, creating false inventories. Further, some production units have been taken off-line for maintenance and upgrading adding to the inventory shortage. There’s even the excuse that they must change the formulation for the different seasons. Do your own research and make your own deductions. The average Joe cannot expense these new costs, but the big corporations and business’ can. Oil from the Middle East plays a very small role in the US economy, but ask the power brokers of the Oil Giants, and they will smoke you with lies and falsehoods. Then take into consideration the TEA-GOP-Republican House making efforts to remove the president’s authority to make this decision over objections of clean air, ground and water organizations. Why? Because the TEA-GOP-Republican membership discount Global Warming or call it a myth. Much of what is finished product is shipped overseas or neighbor countries at a profit, creating false inventories. Further, some production units have been taken off-line for maintenance and upgrading adding to the inventory shortage. There’s even the excuse that they must change the formulation for the different seasons. Do your own research and make your own deductions. The average Joe cannot expense these new costs, but the big corporations and business’ can. Oil from the Middle East plays a very small role in the US economy, but ask the power brokers of the Oil Giants, and they will smoke you with lies and falsehoods.

Varney is one of the smarmiest propagandists on a network rife with them. It’s disgusting that they call this a ‘News’ network.

My local news is  leading with “Gas Price Surge  Why it’s happening now and how bad could it get”  ..   Fox news is a joke..

you progressives have your heads so far up your collective a$$es it’s pathetic.

You all say it was a conspiracy between the GOP and oil companies that drove gas price to the $4.00 + mark. Now you say it’s just simple economics  of supply and demand with the rest of the world consuming more oil with a little bit of mid-east turmoil on the side between Israel and Iran. You accept it and say there’s no problem and say Barry’s policies have nothing to do with it.

You leftys have all the answers as usual. You never wrong, you people are always perfect. If the world was only run by you people it would be the a perfect utopia.

I can’t wait for the real crap to hit the fan and then you fools will see how you’re all getting played like useful idiots. You don’t have enough money to ride this storm out and the government is going to be bailing you out. You fools will be looting and fighting amongst yourselves like savages.

I’ll be on top of hill watching you fools drop like flies at over a mile out

wow another know it all progressive democrat

So what are you trying to say?  Oil is fungible most people know this so production variations no matter where they occur will effect world prices..  Who cares who owns our debt, debt is debt it matters little who owns it and it is still approaching 16.4 trillion dollars and projected to go past 20 trillion dollars before the 2016 elections. Even though China only owns 7.6% of our debt that is still a significant sum making them our largest foreign creditor.  As far as your trade number goes you are calculating that on total GDP which includes all goods and services of which manufactured products are a small percentage when you consider all forms of consumption. You try and make that number appear small but it is much more significant when you put it into perspective, when purchasing hard goods of any kind from electronics to car parts to clothing, it is hard not to lay your hands on something not made in China..

The only issue you raise in your diatribe that is really noteworthy is the emanate domain issue with the Keystone pipeline, that is an issue that also concerned me during the whole debate and was not really highlighted well during the national debate leading to the president’s decision.  Conservatives should have issues with people being deprived of their land and farms for the benefit of private corporations…  It was well known that in the end most of the refined petroleum products produced from the crude delivered from the pipeline would be exported in the end.

Seriously. This was talked about on all the Sunday shows. It was all over the news today. It’s in my local paper, on my local news. There about 2000 stories on Google News on the subject. This is just more fake outrage from Fake News (the perpetual outrage machine).

Prices are always higher in the summer, and California always has higher prices than the rest of the country.  This is the highest that prices have ever been in February.

Releasing reserves only has a very small, very temporary impact on prices. And, the oil has to be replaced.  So it is not effective.

I have a different point of view, I’ll take the lower gas prices which will put more money in pockets of 100′s of millions of people across the nation.  That  additional money will be used to create new demand for other goods and services which in turn will create new opportunities for new jobs in other sectors…  Higher fuel prices also effect the prices of many goods and services that you consume other than just the gas you put in your car, everything, from transportation, the service industry who drive around in all those little panel trucks, the energy used to create baked goods, to the cost of farm goods that reach your table,  When gas prices become as high as they are currently it has an effect on overall consumption in this economy, many families are making hard choices about what adjustments they have to make  so that they can afford to keep gas in their car just to get to and from their work. Consumption of other goods and services is down, resulting in fewer jobs and we are seeing inflation in just about any area that the government does not use as a measure for inflation, most notable groceries.  

You are right that the oil industry would suffer, but the gains to the overall economy would be greater with lower fuel prices, and as a whole we would gain as a people because we would be able to consume that much more on our current budgets.  

 Oh I don’t disagree but it is interesting to look at both sides of the coin. For example the Oil industry in New Mexico and Texas is bringing in huge petro dollars to our education system and through taxes.  If prices go way down bam the companies cap the wells and see ya later. Its the nature of mining. The higher the prices go the more domestic oil gets pumped. Its a very complex system and I am just giving all sides of the story.  People are effected when prices are high(which compared to almost anywhere else in the western world they aren’t) and other people are effected when price are low.

It’s nice to see you recognize that the oil industry is having a positive effect on your local communities, we usually only hear the bad…

You are right about everything you said, so at least it’s nice to know that this grey cloud has a silver lining.

I guess they got the same  talking point memo, as Dana Perrino http://www.mediaite.com/tv/dana-perino-gripes-that-media-blamed-bush-for-high-gas-prices-but-are-giving-obama-a-pass/

That’s inaccurate – though not unfair. Yes, it’s organised, but no it’s not a political party, & tho it’s mostly authoritarian it’s not exclusively so.

Firstly, it’s inaccurate to call FNC a “party”. It’s clearly not even synonymous with the RNC. It almost always, but not precisely always, favors a Republican over a Democrat, and certainly always favors the GOP over the Democratic party, but it also tends to favor reactionaries over moderates, which means it very often favors the more reactionary Republican candidate in nomination processes over more moderate Republican candidates.  

Secondly, the message from fuppets mostly but not always favors authoritarian anti-democratic anti-liberal reactionary elitist messages on issues like equality of opportunity & amelioration of public suffering, particularly when it’s the poor or women or racial minorities who are doing the suffering, but it also has a few faux liberal fuppets & a number of frequently centrist talking heads, including Shepherd Smith & Chris Wallace; even Bill O’Reilly has the occasional message in support of the more humane cause (which always comes as a surprise since it’s such messages are overwhelmed by his far more typical messages against humane causes & truly heroic individuals). 

That’s weird – You didn’t look very hard.  It’s very easy to find and he was asked about it and never walked it back.  

Enjoying reading all the pundits who know exactly why the oil prices are high – who to blame and how to solve it.  Depends on which side of the fence you are on.  

A very interesting article that appeared on CBS in 2008 that explained it the best (for me).  

In looking into it further – the deregulation?  Bill Clinton signed it in 2000.

http://money.howstuffworks.com/oil-speculation-raise-gas-price2.htm

It’s not being overlooked; it couldn’t be: gas price rises at the retail pump are the single least overlooked economic issue there is for the decided majority of American voters. 

But it happens so routinely, & is so routinely identified with oil corporation manipulation & geopolitics, American voters have become a lot more nuanced in its reaction, including in recognizing that American presidents have little to no influence over those prices – particularly in a divided government. American voters are at least as likely to blame Congress for this as they are to blame the president, particularly given how Congressional Republicans have been acting since the summer of 2009.  

What journalists have learned over the past 4 years is that there are no more narratives that they can run to easily that blame the administration without also blaming Congress at least as much. Also, there’s an unintended consequence of the House under Boehner having caused that phony crisis over the debt ceiling: Republicans are now more strongly identified with economic hardship than in a number of years. Plus, there’s an unintended consequence from the conservative meme of ‘government IS the problem’, from the Occupy movement, from the 2010 Gulf of Mexico spill crisis, from the gas fracking controversy & from the Keystone pipeline meme: American voters are more sophisticated in understanding that doing things to stimulate oil & gas now doesn’t have any practical effects on the prices at the pumps for at least years, if at all, & they are more inclined to blame high pump prices on private corporations than on government. 

…and your point?

Of course they will; they’re talking now. That’s not the point: the point is whether they’ll blame the administration. The early returns on that show, no they won’t. Of course there’ll be efforts by Republicans to blame Obama, but the memes just don’t work anymore. And of course some people will want to blame Obama, but for the most part they are already against him, so it probably won’t effect change in the polling.

there is proof they are #1.  You want them to deny it?  lol

Israel is forcing the price of gas way higher than market forces currently dictate.  The only reason that gasoline prices aren’t $ 2.00 – $2.50 is the constant drone of saber rattling by the neocons over Iran’s legal, inspected, and non-threatening nuclear program. 

The U.S. is currently exporting a million gallons a day of REFINED product – unprecedented lack of demand due to the crippled economy;

New supply from the Bakken field and the Canadian Tar Sands are selling well below world market value and coming online at record pace.  This should spell dramatically lower prices at the pump, but it isn’t because futures in oil are being forced up over fear of a disruption in the Middle East.

They didn’t blame it on Bush in 2008. They were a big noisy issue during the late spring, through the summer & right through to election day of 2008, culminating in the Drill baby, drill. But that wasn’t aimed at Bush – it was aimed at Obama for some reason. That’s the problem for creating false memes – it’s like negative advertising: it works well at first, then it either loses all effectiveness or it even becomes something  of a negative.

But that’s my point. Who watches Fox? Fox watchers.

what might your credential be that would indicate a ‘fair’ treatment of Fox?
The fact that your a democrat negates any “opinion” you might voice.  
Therefore I’m afraid your missive will go directly in the “propaganda” folder and will be dealt with by our very impressive shredder.  Thanks for sharing.  

No, actually Obama did NOT blame Bush in 2008. You’re just making things up. But he did observe that it was awfully obtuse of FNC to be blaming him when he hadn’t even been elected yet. You can go to the well too often & too soon. Ailes isn’t an idiot, far from it: he knows it works with the FNC base demographic. But the rest of the media has no narrative to attach to that meme that makes any sense, & even FNC fuppets have nothing beyond saying it & then saying “Keystone” or “Drill baby, drill. The well is dry. 

Well those are the worst kind right?  I mean a disorganized fascist party is pretty…well disorganized but an organized fascist party is so organized!

Time for an inconvenient truth. It’s not that the issue isn’t highlighted by the media due to the media wanting to coddle up to and protect Obama, it’s because at the center of the high oil and thus gas prices is the tensions with Iran. And who is stands to benefit from the desencitisation of a strike and a potential conflict with Iran? Israel.

The media will NOT explore, highlight or identify the cause behind high oil prices if it means that the listening lemmings that being the citizens of this county gets to question the wisdom in yet another conflict in a tensioned filled region and a $140 a barrel oil price to fulfill the whims of one blood-thirsty Netanyahu and one supremacist state of Israel

The world would be so much better without both of those countries.

wow another know it all conservative republican

You have trouble putting two and two together, eh? I’m not arguing they aren’t number one. I’m just pointing out that if you’re the highest rated news source in the country, you are THE mainstream media. And yet the Fox anchors rail against the mainstream media every day. “lol” 

Actually Obama as a Senator wanted Justice Dept to investigate energy  traders to see if they were manipulating the prices illegally. Never did he belame Bush

You mean like signing an agreement with Mexico to increase drilling in the Gulf yesterday.

I care about facts and science, two things that your party seems to avoid.

 Well strap on a bomb and see how many you can take with you.

But that wasn’t aimed at Bush – it was aimed at Obama for some reason.

Obama had won the election, dolt.

Blame?  After 4 years, Obama is not responsible for gas prices when he has opposed drilling?  That wont play well in the Gulf, at least among whites.  Blacks will most likely do as you suggest and vote for Obama anyway.

Not really what I meant.

you can thank Obama for killing the pipeline here in America! 

That has nothing to do with gas prices.

HA, the LSM is nothing less than an ad hoc ancillary of the Obama administration and  democrat party.  They are never going to go after their own man child, even if he was caught in bed with a naked 10 year old boy and a pet goat.

Idiot, oil is a fungible market product.  unless under a specific contract, when a barrel of crude oil is produce, it goes into a world wide pool .
 
I hear all the stories about the evil American oil companies.  Really, they control less than 6% of the world’s oil production.
 
I thought the crude oil from Iran was going to be embargoed by the US and other countries,  AKA not purchased.  But that fungible oil will go into the world market pool and become untraceable., so much for oil embargos.

The world supply, and therefore the cost of petroleum is controlled by the joint venture oil companies and their OPEC pimps. No president has control over it.

Yes, at this point in Bush’s gas price dilemma there were 97 stories about how it was Bush’s fault and how it would affect people’s lives (unemployment at 5.4%).

To date there have been 21 stories about Obama’s gas price dilemma and most of them are saying “Poor Obama – how can people blame him” – and unemployment is at ?

Now – if the media is not in the tank for Obama, please explain.  Please tell me why it isn’t a big deal to interview people and hear them say that they will have to go hungry because they can’t afford to put gas in their car and food on their table.  Suddenly, they have no problem!

Phoeny, hypocritical lot.  Make any excuse to cover up the incompetence of Obama and the collusion of the media.  

A little news for you. Diesel fuel is already at 5 dollars in some areas of the country. I know I drive a big rig.

what a joke. lets blame the jews. hahaha lol

yes it does. I dont know that you know this, but you have to refine oil into gas, so when this white house killed the pipe line he killed the production of gas and diesel.

yeah letting mexico drill not us. this boychick (obama) is hell bent on forcing us to pay 10.00 a gallon.

No we need to use what we have in the ground

It doesn’t even exist yet.

If they’re at fault…

progressive liberal democrat ideas, so good that they have to be made manditory.