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No sign of gas prices dropping, look for political fallout in debates

Brainerd Dispatch -- Presidential candidates Obama and Romney square off tonight in the first debate of the campaign season. However, this debate will center around the economy. One issue that is certain to come up is the cost of driving.

After a brief respite from gas prices inches close to $4 a gallon, it seems as though the cost of driving our cars and trucks will continue to soar to new heights. Why? Well, it seems that oil refineries are experiencing lower than normal inventories. Net result: What oil is refined is selling for near or at record levels.

“Gas prices stay high,” a USA Today report stated, with the “2012 average for regular gasoline (price per gallon) is on track to be the highest on record.” In 2011 the average was $3.51 per gallon.” As of Oct. 1, 2012 the national average price is at $3.6

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Submitted Oct 03, 2012 By: skb69sa

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honda0105 Champion Author Tallahassee Posts:18,632 Points:1,610,495 Joined:Nov 2008	Message Posted: Oct 10, 2012 6:03:42 AM Ignore honda0105 Report Abuse if the last one is an indication, it probably won't even be mentioned.
clpassenubye Champion Author Los Angeles Posts:3,359 Points:754,355 Joined:Mar 2011	Message Posted: Oct 4, 2012 2:14:41 PM Ignore clpassenubye Report Abuse disappointing
sparky808 Champion Author Honolulu Posts:3,008 Points:599,685 Joined:Sep 2011	Message Posted: Oct 4, 2012 1:27:24 PM Ignore sparky808 Report Abuse Thank you for posting.
Wizrd03 Champion Author Illinois Posts:8,157 Points:1,633,310 Joined:Oct 2008	Message Posted: Oct 4, 2012 8:31:51 AM Ignore Wizrd03 Report Abuse Now gas prices are tied to political debate instead of supply & demand, what has this country come to?????
Alaydown Champion Author Los Angeles Posts:5,121 Points:824,370 Joined:May 2007	Message Posted: Oct 4, 2012 2:21:12 AM Ignore Alaydown Report Abuse Domestic production of oil and gas is higher in spite of Obama's policies that cut the number of leases and permits on federal land and water by half. That is because the production was done on private land.
Fitwit Champion Author Stockton Posts:6,404 Points:1,356,845 Joined:May 2009	Message Posted: Oct 4, 2012 1:01:47 AM Ignore Fitwit Report Abuse I went to Big Trees State Park to a Docent Appreciation Dinner and got home in time to avoid it. I already know who I am not voting for and no one will change my mind. Halleluyah.
Darwin00 All-Star Author Mississippi Posts:830 Points:271,155 Joined:Dec 2010	Message Posted: Oct 3, 2012 11:04:38 PM Ignore Darwin00 Report Abuse I agree.
ExplorerWA Champion Author Washington Posts:4,083 Points:798,125 Joined:Feb 2011	Message Posted: Oct 3, 2012 11:03:54 PM Ignore ExplorerWA Report Abuse Who will win this gas debate?
SandeeC Champion Author Ontario Posts:2,993 Points:460,705 Joined:Apr 2011	Message Posted: Oct 3, 2012 10:55:08 PM Ignore SandeeC Report Abuse We just finished watching this debate - nothing was said about the gas prices or pain at the pump. The only thing Romney pointed out was all the dollars the Obama government pumped into green energy and solar projects that all went belly up. Obama made no response to this. By the way, our prices here in Canada are rising. Grab your wallets guys!
flyfast Champion Author Kansas City Posts:9,258 Points:1,827,010 Joined:Jan 2008	Message Posted: Oct 3, 2012 10:54:51 PM Ignore flyfast Report Abuse time for a change
kiosk12y Champion Author Tulsa Posts:3,618 Points:682,040 Joined:Mar 2011	Message Posted: Oct 3, 2012 10:46:53 PM Ignore kiosk12y Report Abuse white house has nothing to do w/ gas prices...my neighborhood station went down...duh...
carinthuist Champion Author San Francisco Posts:2,250 Points:331,125 Joined:Mar 2012	Message Posted: Oct 3, 2012 10:46:12 PM Ignore carinthuist Report Abuse no dropping but increases
my2002m Champion Author Tulsa Posts:6,079 Points:1,671,275 Joined:Jul 2008	Message Posted: Oct 3, 2012 10:42:54 PM Ignore my2002m Report Abuse I'm sure the white house will do everything they can to keep prices high.
Pramodsharma Champion Author Richmond Posts:1,974 Points:387,390 Joined:Feb 2012	Message Posted: Oct 3, 2012 10:42:37 PM Ignore Pramodsharma Report Abuse To my favorite gas station price went down 5 Cents
WoolyBear Veteran Author San Bernardino Posts:279 Points:2,135,470 Joined:Apr 2004	Message Posted: Oct 3, 2012 10:41:22 PM Ignore WoolyBear Report Abuse Gas went up 7 cents today.
drz614 Champion Author Harrisburg Posts:2,304 Points:598,595 Joined:Aug 2011	Message Posted: Oct 3, 2012 10:41:16 PM Ignore drz614 Report Abuse how do they calculate national avg? according to gas buddy the national avg 3.79....
FuelOilOH Champion Author Cleveland Posts:2,837 Points:1,180,220 Joined:Oct 2007	Message Posted: Oct 3, 2012 10:39:56 PM Ignore FuelOilOH Report Abuse The trend is lower prices here.
MG_Sputnik Champion Author Philadelphia Posts:7,315 Points:1,961,605 Joined:Apr 2006	Message Posted: Oct 3, 2012 10:33:30 PM Ignore MG_Sputnik Report Abuse We're all DOOMED!!!
stueyAZ Sophomore Author Phoenix Posts:214 Points:23,870 Joined:Nov 2011	Message Posted: Oct 3, 2012 10:32:29 PM Ignore stueyAZ Report Abuse such is life
cupboy Champion Author Salt Lake City Posts:2,788 Points:1,122,950 Joined:Nov 2005	Message Posted: Oct 3, 2012 10:31:01 PM Ignore cupboy Report Abuse Crude oil at 87.97. Must be nice to own a refinery right about now.
iamforiu Champion Author Indiana Posts:3,580 Points:712,715 Joined:May 2011	Message Posted: Oct 3, 2012 10:24:07 PM Ignore iamforiu Report Abuse up up and away
SparkieMi Champion Author Kalamazoo Posts:3,266 Points:589,360 Joined:Sep 2011	Message Posted: Oct 3, 2012 10:21:26 PM Ignore SparkieMi Report Abuse Pump prices way to high!!!!! Time will tell!!!!
Spankster85 Champion Author Chicago Posts:1,729 Points:357,815 Joined:Nov 2011	Message Posted: Oct 3, 2012 10:20:13 PM Ignore Spankster85 Report Abuse Nice to see my area is above average...
humancry Champion Author Michigan Posts:4,618 Points:1,002,455 Joined:Nov 2006	Message Posted: Oct 3, 2012 10:20:12 PM Ignore humancry Report Abuse the lieing s.o.b's
monarch57 Champion Author British Columbia Posts:1,628 Points:135,710 Joined:Nov 2008	Message Posted: Oct 3, 2012 10:15:46 PM Ignore monarch57 Report Abuse Oil prices are down over $3.50 a barrel today, so prices must go down and the summer driving season is over. It's called GREED and SELFISHNESS.
TopGunn Champion Author Baltimore Posts:9,191 Points:2,617,255 Joined:Aug 2004	Message Posted: Oct 3, 2012 10:14:16 PM Ignore TopGunn Report Abuse Price manipulation by big oil with the cooperation of speculators.
IUVidiot Champion Author Indiana Posts:3,595 Points:710,410 Joined:Jun 2011	Message Posted: Oct 3, 2012 10:13:05 PM Ignore IUVidiot Report Abuse hmmmm
Ahking Champion Author Orange County Posts:3,507 Points:603,450 Joined:May 2011	Message Posted: Oct 3, 2012 10:13:00 PM Ignore Ahking Report Abuse they have already gone up significantly.
car15 Rookie Author Fort Worth Posts:90 Points:635,475 Joined:Oct 2010	Message Posted: Oct 3, 2012 10:09:11 PM Ignore car15 Report Abuse Ok
tspaldi Champion Author Provo Posts:6,030 Points:937,440 Joined:Sep 2010	Message Posted: Oct 3, 2012 10:08:36 PM Ignore tspaldi Report Abuse Oil inventories are high... Refineries are refining less oil for one reason...GREED! Big oil refines less oil to manipulate the price higher.
MrLuigi Champion Author Massachusetts Posts:4,778 Points:967,660 Joined:Jun 2005	Message Posted: Oct 3, 2012 10:08:14 PM Ignore MrLuigi Report Abuse crude oil fell on its face today and trimmed $4.00 off a barrel, seems to me like gas should start falling just as hard....
splitrman Champion Author Victoria Posts:1,320 Points:317,290 Joined:Jun 2012	Message Posted: Oct 3, 2012 10:06:41 PM Ignore splitrman Report Abuse over $5.00 a gallon US in British Columbia today
C.Carpets All-Star Author Oakland Posts:543 Points:2,089,985 Joined:Feb 2005	Message Posted: Oct 3, 2012 10:05:39 PM Ignore C.Carpets Report Abuse $4.45 in CA. today
pgerassi Champion Author Milwaukee Posts:10,901 Points:2,132,580 Joined:Apr 2007	Message Posted: Oct 3, 2012 10:05:39 PM Ignore pgerassi Report Abuse Gas prices here are still dropping, slowly.
DustyHorse Champion Author Virginia Posts:6,090 Points:1,392,330 Joined:Oct 2008	Message Posted: Oct 3, 2012 10:04:37 PM Ignore DustyHorse Report Abuse Price manipulation pure and simple.
Johnnyrebell12 Champion Author Massachusetts Posts:1,333 Points:1,423,900 Joined:Aug 2005	Message Posted: Oct 3, 2012 10:02:12 PM Ignore Johnnyrebell12 Report Abuse Well the average of $3.60 is better than the average of $4.00, but don't worry its coming
Beaveronparade Champion Author Hartford Posts:2,105 Points:635,825 Joined:Mar 2011	Message Posted: Oct 3, 2012 10:01:19 PM Ignore Beaveronparade Report Abuse I'd say this article is sad but true.
ericbcire Champion Author Nevada Posts:4,525 Points:1,268,310 Joined:Aug 2009	Message Posted: Oct 3, 2012 10:01:19 PM Ignore ericbcire Report Abuse Prices must drop or the economy will worsen and more gas stations will go out of business.
bridgerunner Champion Author Virginia Posts:4,792 Points:1,007,810 Joined:Jul 2009	Message Posted: Oct 3, 2012 9:59:22 PM Ignore bridgerunner Report Abuse It is about time somebody started paying attention.
Lizzylou Champion Author Stockton Posts:8,818 Points:2,357,285 Joined:Oct 2005	Message Posted: Oct 3, 2012 9:57:58 PM Ignore Lizzylou Report Abuse Some stations have jacked up their prices as much as 20 cents a gallon over night!!!
rf6480 Champion Author Miami Posts:1,534 Points:548,555 Joined:Mar 2011	Message Posted: Oct 3, 2012 9:57:54 PM Ignore rf6480 Report Abuse nice drop in oil today. Lets see if it lasts and where gas goes because of it. Lowest current price I saw today was $3.71
darkknight1 Champion Author Winston-Salem Posts:4,340 Points:896,810 Joined:Nov 2010	Message Posted: Oct 3, 2012 9:54:27 PM Ignore darkknight1 Report Abuse No sign of gas prices dropping = No sign of the economy recovering.
Double_Golden Champion Author San Francisco Posts:2,565 Points:606,360 Joined:Aug 2011	Message Posted: Oct 3, 2012 9:54:26 PM Ignore Double_Golden Report Abuse I didn't see any price dropping, instead I see gas price raising...
barbs24 Champion Author Virginia Beach Posts:3,144 Points:2,041,545 Joined:Feb 2006	Message Posted: Oct 3, 2012 9:52:01 PM Ignore barbs24 Report Abuse Neither have real power over the price
DEG Champion Author Las Vegas Posts:17,625 Points:3,495,680 Joined:Jul 2003	Message Posted: Oct 3, 2012 9:49:41 PM Ignore DEG Report Abuse Gas prices have jumped by a dime at one of the popular chains here in the Las Vegas area.
BlueBell Champion Author Toledo Posts:15,012 Points:2,868,200 Joined:Apr 2005	Message Posted: Oct 3, 2012 9:48:15 PM Ignore BlueBell Report Abuse Still waiting.
unicornIL Veteran Author Chicago Posts:446 Points:386,295 Joined:Jan 2012	Message Posted: Oct 3, 2012 9:44:22 PM Ignore unicornIL Report Abuse welcome to corporate greed
Quick68 Champion Author Columbus Posts:8,228 Points:1,226,775 Joined:Dec 2009	Message Posted: Oct 3, 2012 9:42:57 PM Ignore Quick68 Report Abuse Presidential candidates Obama and Romney debates are just a front. Don't believe either one.
5Golfer8 Champion Author Tucson Posts:2,143 Points:301,625 Joined:Jun 2011	Message Posted: Oct 3, 2012 9:42:06 PM Ignore 5Golfer8 Report Abuse Its simple Obama and the Democrats want high prices and high taxes to keep people dependant on government and create a entitlement welfare state. It did not work with the Soviet Union and will not work here. [Edited by: 5Golfer8 at 10/3/2012 9:44:26 PM EST]
mlmeng Champion Author Michigan Posts:1,635 Points:591,810 Joined:Mar 2011	Message Posted: Oct 3, 2012 9:39:25 PM Ignore mlmeng Report Abuse Sell less gas for more money. Seems like the government would step in the provide mandates like they do for gas mileage in cars.