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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:18,609 Points:1,608,545 Joined:Nov 2008	Message Posted: Oct 10, 2012 3:03:42 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:751,730 Joined:Mar 2011	Message Posted: Oct 4, 2012 11:14:41 AM Ignore clpassenubye Report Abuse disappointing
sparky808 Champion Author Honolulu Posts:2,993 Points:596,760 Joined:Sep 2011	Message Posted: Oct 4, 2012 10:27:24 AM Ignore sparky808 Report Abuse Thank you for posting.
Wizrd03 Champion Author Illinois Posts:8,147 Points:1,631,360 Joined:Oct 2008	Message Posted: Oct 4, 2012 5:31:51 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:5,106 Points:821,570 Joined:May 2007	Message Posted: Oct 3, 2012 11:21:12 PM 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:6,389 Points:1,353,920 Joined:May 2009	Message Posted: Oct 3, 2012 10:01:47 PM 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:829 Points:269,560 Joined:Dec 2010	Message Posted: Oct 3, 2012 8:04:38 PM Ignore Darwin00 Report Abuse I agree.
ExplorerWA Champion Author Washington Posts:4,073 Points:795,300 Joined:Feb 2011	Message Posted: Oct 3, 2012 8:03:54 PM Ignore ExplorerWA Report Abuse Who will win this gas debate?
SandeeC Champion Author Ontario Posts:2,988 Points:460,030 Joined:Apr 2011	Message Posted: Oct 3, 2012 7:55:08 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:9,243 Points:1,824,085 Joined:Jan 2008	Message Posted: Oct 3, 2012 7:54:51 PM Ignore flyfast Report Abuse time for a change
kiosk12y Champion Author Tulsa Posts:3,610 Points:680,380 Joined:Mar 2011	Message Posted: Oct 3, 2012 7:46:53 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:2,238 Points:328,285 Joined:Mar 2012	Message Posted: Oct 3, 2012 7:46:12 PM Ignore carinthuist Report Abuse no dropping but increases
my2002m Champion Author Tulsa Posts:6,069 Points:1,668,575 Joined:Jul 2008	Message Posted: Oct 3, 2012 7:42:54 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:385,890 Joined:Feb 2012	Message Posted: Oct 3, 2012 7:42:37 PM Ignore Pramodsharma Report Abuse To my favorite gas station price went down 5 Cents
WoolyBear Veteran Author San Bernardino Posts:279 Points:2,132,970 Joined:Apr 2004	Message Posted: Oct 3, 2012 7:41:22 PM Ignore WoolyBear Report Abuse Gas went up 7 cents today.
drz614 Champion Author Harrisburg Posts:2,294 Points:596,645 Joined:Aug 2011	Message Posted: Oct 3, 2012 7:41:16 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 7:39:56 PM Ignore FuelOilOH Report Abuse The trend is lower prices here.
MG_Sputnik Champion Author Philadelphia Posts:7,300 Points:1,959,430 Joined:Apr 2006	Message Posted: Oct 3, 2012 7:33:30 PM Ignore MG_Sputnik Report Abuse We're all DOOMED!!!
stueyAZ Sophomore Author Phoenix Posts:212 Points:23,730 Joined:Nov 2011	Message Posted: Oct 3, 2012 7:32:29 PM Ignore stueyAZ Report Abuse such is life
cupboy Champion Author Salt Lake City Posts:2,780 Points:1,120,165 Joined:Nov 2005	Message Posted: Oct 3, 2012 7:31:01 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:3,565 Points:709,690 Joined:May 2011	Message Posted: Oct 3, 2012 7:24:07 PM Ignore iamforiu Report Abuse up up and away
SparkieMi Champion Author Kalamazoo Posts:3,256 Points:586,960 Joined:Sep 2011	Message Posted: Oct 3, 2012 7:21:26 PM Ignore SparkieMi Report Abuse Pump prices way to high!!!!! Time will tell!!!!
Spankster85 Champion Author Chicago Posts:1,719 Points:355,115 Joined:Nov 2011	Message Posted: Oct 3, 2012 7:20:13 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 7:20:12 PM Ignore humancry Report Abuse the lieing s.o.b's
monarch57 Champion Author British Columbia Posts:1,625 Points:135,500 Joined:Nov 2008	Message Posted: Oct 3, 2012 7:15:46 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:9,176 Points:2,614,330 Joined:Aug 2004	Message Posted: Oct 3, 2012 7:14:16 PM Ignore TopGunn Report Abuse Price manipulation by big oil with the cooperation of speculators.
IUVidiot Champion Author Indiana Posts:3,580 Points:707,385 Joined:Jun 2011	Message Posted: Oct 3, 2012 7:13:05 PM Ignore IUVidiot Report Abuse hmmmm
Ahking Champion Author Orange County Posts:3,502 Points:602,520 Joined:May 2011	Message Posted: Oct 3, 2012 7:13:00 PM Ignore Ahking Report Abuse they have already gone up significantly.
car15 Rookie Author Fort Worth Posts:90 Points:633,825 Joined:Oct 2010	Message Posted: Oct 3, 2012 7:09:11 PM Ignore car15 Report Abuse Ok
tspaldi Champion Author Provo Posts:6,019 Points:934,740 Joined:Sep 2010	Message Posted: Oct 3, 2012 7:08:36 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:4,763 Points:964,735 Joined:Jun 2005	Message Posted: Oct 3, 2012 7:08:14 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:1,310 Points:314,590 Joined:Jun 2012	Message Posted: Oct 3, 2012 7:06:41 PM Ignore splitrman Report Abuse over $5.00 a gallon US in British Columbia today
C.Carpets All-Star Author Oakland Posts:543 Points:2,088,260 Joined:Feb 2005	Message Posted: Oct 3, 2012 7:05:39 PM Ignore C.Carpets Report Abuse $4.45 in CA. today
pgerassi Champion Author Milwaukee Posts:10,891 Points:2,130,630 Joined:Apr 2007	Message Posted: Oct 3, 2012 7:05:39 PM Ignore pgerassi Report Abuse Gas prices here are still dropping, slowly.
DustyHorse Champion Author Virginia Posts:6,079 Points:1,390,785 Joined:Oct 2008	Message Posted: Oct 3, 2012 7:04:37 PM Ignore DustyHorse Report Abuse Price manipulation pure and simple.
Johnnyrebell12 Champion Author Massachusetts Posts:1,333 Points:1,423,025 Joined:Aug 2005	Message Posted: Oct 3, 2012 7:02:12 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:2,102 Points:634,115 Joined:Mar 2011	Message Posted: Oct 3, 2012 7:01:19 PM Ignore Beaveronparade Report Abuse I'd say this article is sad but true.
ericbcire Champion Author Nevada Posts:4,515 Points:1,265,660 Joined:Aug 2009	Message Posted: Oct 3, 2012 7:01:19 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:4,777 Points:1,004,885 Joined:Jul 2009	Message Posted: Oct 3, 2012 6:59:22 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 6:57:58 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:546,305 Joined:Mar 2011	Message Posted: Oct 3, 2012 6:57:54 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:4,330 Points:894,110 Joined:Nov 2010	Message Posted: Oct 3, 2012 6:54:27 PM Ignore darkknight1 Report Abuse No sign of gas prices dropping = No sign of the economy recovering.
Double_Golden Champion Author San Francisco Posts:2,555 Points:603,660 Joined:Aug 2011	Message Posted: Oct 3, 2012 6:54:26 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:3,134 Points:2,039,595 Joined:Feb 2006	Message Posted: Oct 3, 2012 6:52:01 PM Ignore barbs24 Report Abuse Neither have real power over the price
DEG Champion Author Las Vegas Posts:17,615 Points:3,493,730 Joined:Jul 2003	Message Posted: Oct 3, 2012 6:49:41 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:14,997 Points:2,865,275 Joined:Apr 2005	Message Posted: Oct 3, 2012 6:48:15 PM Ignore BlueBell Report Abuse Still waiting.
unicornIL Veteran Author Chicago Posts:446 Points:384,345 Joined:Jan 2012	Message Posted: Oct 3, 2012 6:44:22 PM Ignore unicornIL Report Abuse welcome to corporate greed
Quick68 Champion Author Columbus Posts:8,218 Points:1,224,825 Joined:Dec 2009	Message Posted: Oct 3, 2012 6:42:57 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:2,133 Points:299,675 Joined:Jun 2011	Message Posted: Oct 3, 2012 6:42:06 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:1,628 Points:590,045 Joined:Mar 2011	Message Posted: Oct 3, 2012 6:39:25 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.