NEW YORK (CNNMoney) -- The nationwide average for gasoline prices rose for the 26th straight day Sunday, topping the $3.76-a-gallon mark, according to the motorist group AAA.
The average price of regular unleaded gasoline climbed 0.7 cent in the latest 24-hour period. The price of gas is up from $3.47 a month ago and $3.69 a week ago. Last year at this time, gas was $3.49 a gallon.
The average price is 35 cents, or about 8.5%, lower than the record high of $4.114 set on July 17, 2008.
Average prices for regular gasoline top $4 a gallon in California, Alaska and Hawaii. At $4.38 a gallon, Hawaii ranks as the nation's high. Prices are within a nickel of the $4 mark in Connecticut, New York and Oregon, according to AAA.
Wyoming became the last state to reach the $3.20 mark, but still has the nation's lowest gas prices, about 3 cents a gallon lower than Colorado.
Gas prices have been rising on the back of soaring oil prices, which have surged 10% over the past month amid fears that tensions with Iran will lead to an all-out war that causes a disruption in oil supplies.
Signs of an improving economy have also boosted oil prices, as has the stock market. All three major indexes hit multi-year highs this week, and the S&P 500 (SPX) has risen by more than 8% in 2012.
But some economists worry that high gas prices could be the tipping point that brings on a new economic downturn. "I don't think for a minute consumer confidence levels can be sustained in the face of sustained high gas prices," said Bernard Baumohl, head of the Economic Outlook Group, a Princeton, N.J., research firm.
As gas prices soar, Republican presidential candidates have tried to tie President Obama's policies to the increase.
On Thursday, Mitt Romney said Obama "should be hanging his head" over his energy policies and accused the president of slowing domestic production. Romney advocated opening federal lands to drilling and easing regulations on fracking, a controversial policy that involves pumping water into rocks to harvest gas.
Also on Thursday, Obama delivered a speech in New Hampshire that stressed that domestic oil and gas production is at its highest point since 2003. But he also emphasized the need to develop new energy sources, as domestic production alone is not enough to keep up with U.S. demand.
The president called on Congress to end the $4 billion in subsidies to the oil industry so as to better incentivize companies to seek out clean-energy technologies.
SEARCH
Custom Search
Showing posts with label stocks. Show all posts
Showing posts with label stocks. Show all posts
Sunday, March 4, 2012
Friday, February 24, 2012
O'REILLY: It was mutual destruction. Now you can handle any weaponry or any kind of thing to surrogates, who will do your killing for you. Look, if you don't think Iran is sponsoring terrorism, you're living in the land of Oz, congressman.
PAUL: Well, so is Saudi Arabia. What are you going to do about Saudi? What are you going to do with Pakistan?
O'REILLY: It's not a government policy in Saudi Arabia. It's just a failure to do any effective policing. It's a policy in Iran to wipe out Israel...
PAUL: It's our policy...
O'REILLY: ...to attack USA.
PAUL: It's our policy of preemptive, deliberate invasions of foreign countries and occupying these countries that has jeopardized our safety. This blowback principle is what caused 9/11. And we have to come to realize it. If you keep living in this dream land of saying that they attack because we're free and prosperous, believe me, we're never going to get free from fear ...
Read more: http://www.foxnews.com/story/0,2933,296404,00.html#ixzz1nHpryeq4
PAUL: Well, so is Saudi Arabia. What are you going to do about Saudi? What are you going to do with Pakistan?
O'REILLY: It's not a government policy in Saudi Arabia. It's just a failure to do any effective policing. It's a policy in Iran to wipe out Israel...
PAUL: It's our policy...
O'REILLY: ...to attack USA.
PAUL: It's our policy of preemptive, deliberate invasions of foreign countries and occupying these countries that has jeopardized our safety. This blowback principle is what caused 9/11. And we have to come to realize it. If you keep living in this dream land of saying that they attack because we're free and prosperous, believe me, we're never going to get free from fear ...
Read more: http://www.foxnews.com/story/0,2933,296404,00.html#ixzz1nHpryeq4
Thursday, February 23, 2012
Tuesday, February 21, 2012
Paul talks hemp, federal regulation in ND visit
BISMARCK, N.D. (AP) — Republican presidential candidate Ron Paul praised hemp as an alternative crop and said a free-market approach would protect the nation's environment Monday during North Dakota campaign stops that drew hundreds of cheering supporters.
North Dakota, which is holding Republican presidential caucuses March 6, is one of 13 states with a caucus or primary from Feb. 28 to March 6. North Dakota has 28 delegates to the Republican National Convention in August, although the caucus results will not dictate how any of them vote.
Paul campaigned in Williston, Dickinson, Jamestown and Bismarck on Sunday and Monday, following rival Rick Santorum's swing through Fargo, on the Minnesota border, and the northwestern oil-country town of Tioga last week.
In Jamestown, about 100 miles east of Bismarck, Paul was critical of the federal government's ban on the cultivation of industrial hemp, a crop that is related to marijuana but does not have its mind-affecting properties.
Industrial hemp is grown in neighboring Canada and other countries, where it is used to make paper, lotions, clothing and biofuels.
North Dakota's Legislature and Agriculture Department have pushed allowing hemp to be grown in the state. A state lawmaker who wanted to cultivate the crop filed an unsuccessful lawsuit against the Drug Enforcement Administration, seeking a declaration that doing so would be legal.
"There is no reason, in a free society, that farmers shouldn't be allowed to raise hemp," Paul said during a Jamestown appearance that drew about 300 people. "Hemp is a good product."
In Bismarck, where the Republican congressman spoke to about 1,200 people Monday night in the gymnasium of a private Christian school, Paul said enforcement of private property rights would be sufficient to protect citizens against pollution, rather than relying on the federal Environmental Protection Agency.
"The more socialized a system is, the worse the property is, and the worse the environment is," Paul said. "We should never be bashful about saying we believe in property rights ... and we don't have to give one inch and say that we're careless with the environment, because you don't have a right to pollute your neighbor's property."
In North Dakota's Republican presidential caucuses in 2008, Paul finished third behind Mitt Romney and John McCain, getting 21 percent of the almost 9,800 votes case.
Duane Sattler, of Richardton, was one of the sign-carrying Paul supporters who attended his Bismarck speech. His son, 13-year-old Shawn Sattler, sat nearby, waving an American flag.
"He's been standing alone a lot of times," Sattler said of Paul. "He votes for our personal freedoms, for sound money, and for less government and less taxes."
He became a Paul supporter during his presidential run in 2008, Sattler said. "I really went and did some research, and the deeper I dug, the more I liked the man," he said. "With the other candidates, the deeper I dug, the less I liked them."
North Dakota, which is holding Republican presidential caucuses March 6, is one of 13 states with a caucus or primary from Feb. 28 to March 6. North Dakota has 28 delegates to the Republican National Convention in August, although the caucus results will not dictate how any of them vote.
Paul campaigned in Williston, Dickinson, Jamestown and Bismarck on Sunday and Monday, following rival Rick Santorum's swing through Fargo, on the Minnesota border, and the northwestern oil-country town of Tioga last week.
In Jamestown, about 100 miles east of Bismarck, Paul was critical of the federal government's ban on the cultivation of industrial hemp, a crop that is related to marijuana but does not have its mind-affecting properties.
Industrial hemp is grown in neighboring Canada and other countries, where it is used to make paper, lotions, clothing and biofuels.
North Dakota's Legislature and Agriculture Department have pushed allowing hemp to be grown in the state. A state lawmaker who wanted to cultivate the crop filed an unsuccessful lawsuit against the Drug Enforcement Administration, seeking a declaration that doing so would be legal.
"There is no reason, in a free society, that farmers shouldn't be allowed to raise hemp," Paul said during a Jamestown appearance that drew about 300 people. "Hemp is a good product."
In Bismarck, where the Republican congressman spoke to about 1,200 people Monday night in the gymnasium of a private Christian school, Paul said enforcement of private property rights would be sufficient to protect citizens against pollution, rather than relying on the federal Environmental Protection Agency.
"The more socialized a system is, the worse the property is, and the worse the environment is," Paul said. "We should never be bashful about saying we believe in property rights ... and we don't have to give one inch and say that we're careless with the environment, because you don't have a right to pollute your neighbor's property."
In North Dakota's Republican presidential caucuses in 2008, Paul finished third behind Mitt Romney and John McCain, getting 21 percent of the almost 9,800 votes case.
Duane Sattler, of Richardton, was one of the sign-carrying Paul supporters who attended his Bismarck speech. His son, 13-year-old Shawn Sattler, sat nearby, waving an American flag.
"He's been standing alone a lot of times," Sattler said of Paul. "He votes for our personal freedoms, for sound money, and for less government and less taxes."
He became a Paul supporter during his presidential run in 2008, Sattler said. "I really went and did some research, and the deeper I dug, the more I liked the man," he said. "With the other candidates, the deeper I dug, the less I liked them."
Tuesday, January 24, 2012
Get To The Facts Already
I have been dazzled by the quickness we are spinning right now, we must have really picked up speed... It's been day & Nite, radpidly rotating and causing a lapse in judgement when applied to time. We shall see what is in the cosmos for us in 2012...? Interesting insights from the wizard show there is only the inner most thought in everyones mind, as if we have all had the same dream.. You know the dream.... Categorize as defiant at times, I often feel like I'm the most intelligent being in my surroundings. Rebellious at heart, any strength I have acquired I can now multiply it's intensity. Fear isn't the tactic, it's the the reaction from being lied to. Wait you'll be more surprised to see the Gui-Chit, On your knees, head forward, that's chit.
Hold on tight cause, something is changing and its coming quick... I am not one for predictions, but I'm guessing Ron Paul is going to win the 2012 Presidential Election, and a week before his inauguration he will Start Pursuing his passion for Poker. It's obvious how he is quick to smile at one's mistakes, but forgets when to establish which side he takes. This is due to the fact that Ron Paul has no reason to explain the other candidates tactics that don't work. It has been hard enough for him to get his word out, and he is being shunned again by the main stream media.
Hold on tight cause, something is changing and its coming quick... I am not one for predictions, but I'm guessing Ron Paul is going to win the 2012 Presidential Election, and a week before his inauguration he will Start Pursuing his passion for Poker. It's obvious how he is quick to smile at one's mistakes, but forgets when to establish which side he takes. This is due to the fact that Ron Paul has no reason to explain the other candidates tactics that don't work. It has been hard enough for him to get his word out, and he is being shunned again by the main stream media.
Subscribe to:
Posts (Atom)
contact us by email: g.pitsch.85@gmail.com
Submit Domain Name
