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Rising oil prices test consumers



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May 23 - U.S. warships moved off the Gulf of Iran Wednesday, a development which could very likely add to already high gas prices in the U.S.
U.S. retail gasoline prices hit a record high for the second week in a row last week, matching the inflation-adjusted peak reached in the early 1980s during the Iran-Iraq war. The average price for regular unleaded gas soared 11.5 cents to a record $3.22 a gallon.Jeanne Yurman reports from New York.


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PEAK OIL CRISIS.... ... ( 1 year ago by UnderseaCaveman)
PEAK OIL CRISIS.... 30% of Global Oil Supply come from the 60 largest Oil fields (out of 4000), and they are over 50 years old on average.
Ghawar, Canterell and Burgan are dying. The Oil Industry is dwindling, it's at Peak...
the ship on the ... ( 1 year ago by mrdeleted)
the ship on the left has my friend's husband on it...
Who didnt think gas ... ( 1 year ago by deadlyseal)
Who didnt think gas prices would go up during driving season? This has happened every spring for the past 10 years. The demand is there and the oil companies want to push another record profit. In May, if my cat farts while Amadinajad is on the television light sweet crude goes up 4 dollars a barrel. I'm betting Exxon Mobil crushes last year's 6 billion dollar return. The White House might try to pander to us by launching another investigation into Big Oil but nothing will come of it, as usual
hey, cool! ( 1 year ago by B4TT3RY)
hey, cool!
that guy chewing ... ( 1 year ago by thereallurker)
that guy chewing his cud and licking his fingers is going to get fired.
People of the world ... ( 1 year ago by Zartosht777)
People of the world Unite against super powers, witch want to enslave you
Fight for freedom and humanity, for good of people, for truth, for Justus.
we should use our energy for reaching peace, and all of us can take steps toward this gift from God, peace is the great thing, by understanding each other and loving another, we can bring this god giving gift to every single human on earth. Call me dreamer but come and dream with me, and then we make a paradise on earth.
the war is sad... ( 1 year ago by mrdeleted)
the war is sad...
yep... My brother ... ( 1 year ago by mrdeleted)
yep... My brother is going to work on installing the Joe Cell into his car, it turns h2o into a gas that the car can run, making it basicly a water burning car. It's expensive, to install but in the long run it is better for the wallet.
The high oil prices ... ( 1 year ago by schizophrenic123)
The high oil prices have nothing to to with the US forces in the gulf, global supply has flattened off and cannot meet rising demand. The US is going to be facing a supply crisis before the end of this decade.
First the Federal ... ( 8 months ago by niagarafallscanbill)
First the Federal Governments tell people that everybody should conserve Gas and drive hydrids because of shortage that is why Gas is going up. Now they are telling everybody the Gas is going up because too many people are using hybrids and are conserving Gas and are not driving far and travelling enough. The fuckin prick bastards who only care about the giant taxes they get from Gas prices.
We are all born ... ( 8 months ago by javikspach)
We are all born unto this Earth, and we all should have an inherent right to all Life Sustainable Natural Resources.
No One Man or Corporation should be allowed to profit or control or refuse or make unaffordable these Life Preserving Sustainable Rights. Jack Griffith
I wonder what that ... ( 7 months ago by DX5K)
I wonder what that guy with the strip shirt at 1:21 was eating in the background. Shouldn't he be working or something?
Great Vid, Rueters ... ( 7 months ago by footeze226)
Great Vid, Rueters
watch the Video ".06 per galllon" read the comments -- IT SEEMS TO WORK
not to mention when ... ( 7 months ago by Mired81)
not to mention when they slow down the supply ON PURPOSE TO CREATE SHORTAGES. what's really scary is when the Chinese eventually need to use more oil than everyone and they can outbid us all day...It's not like they don't hold the number 2 spot on collecting our national debt behind Japan..you knew that right?
with all the food ... ( 7 months ago by Mired81)
with all the food riots going on in the world right now.. I don't think it's agood time to be turning our food into fuel either tho..
If they were ... ( 7 months ago by Lordofjunggle)
If they were complaining about oil prices at 60 or 70 dollars.Imagine the case now where its 30 or 40 dollars more what would they say now.
You people complain ... ( 7 months ago by dave98503)
You people complain
too much.
Dick Cheney says we
are just in a "rough patch"...you
people need to
believe him and stop this baffoonery.
Why not subvert the ... ( 6 months ago by clevername333)
Why not subvert the control these energy cartels have over your life!?! This is not spam, merely someone spreading the word. You can install a very low budget hydrogen fuel cell on your petrol engine and acheive between 40 and 60 percent improvement in MPG! This from a cheap home made system. There are many videos on youtube, and many people selling their kits. Check it out!
watch?v=YFGhZNxdyDY&feature=related
watch?v=C4mz7MPSquU&feature=related
The day will come ... ( 6 months ago by YogaNate79)
The day will come when the Saudis will plea to America to purchase more oil. Our president will inform them that combustible fuel is no longer needed. I'm guessing around.....year 2050?
Yoga, your wrong. ... ( 6 months ago by FUACLU)
Yoga, your wrong. As long as BILLIONS can be made, we will always seek to buy oil.
yeah that hott guy ... ( 6 months ago by blacksilverjose)
yeah that hott guy was snacking
Who gives a flying ... ( 5 months ago by dave98503)
Who gives a flying rats ass.



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