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Gas prices raise in last 2 weeks
3 Comments
POSTED: Tuesday, January 25, 2011 - 7:36pm
UPDATED: Wednesday, January 26, 2011 - 5:54am
A recent Lundberg Survey of gas prices has shown the national average price for a gallon of regular gas has gone up nearly 3 cents in just 2 weeks to $3.11.
Wade Weathers, president of a local oil and gas exploration company in Tyler says gas prices go up mainly for a couple of reasons. One of them is because economies like China and India are expanding.
He says China sold more cars last year than in the U.S., which creates demand.
Weathers also said the Fed. has raised all commodity prices like gold, copper, etc.
He says it's important for Americans to know why gas prices fluctuate - and that the oil and gas companies are not to blame.
"The world's been against the oil and gas industry for...all of my life - yet we have provided the energy to run the economies of the world and raise the standard of living for the United States all of my life and now the rest of the world is trying to enjoy that same benefit," Weathers said.
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SarahG January 26, 2011
at 4:54am
Three cents is a big deal.If we let this thing happen all of our daily commodities will be affected.From some other point this will be a great problem most especially for the commuters and money earners.Big companies are just the one who earned more profits.Consumers might just have to take out personal loans to survive in this changing world.
There is an outfit called MyGasDiscount.info, I joined them (it doesn't cost anything to join) and then when I fill up, I keep the receipt and mail it in to get a 50% rebate on the amount I spent for gas. However, there is an upper limit that you can do each month I think it is $200 or something like that -- but believe me an extra couple of hundred bucks a month gives my family our weekly trip to the movies again... or you can always buy more gas.. LOL. The link is http://www.mygasdiscount.info
There is an outfit called GasUpUSA.info, I joined them and then when I fill up, I keep the receipt and mail it in to get a 50% rebate on the amount I spent for gas. Believe me an extra couple of hundred bucks a month gives my family our weekly trip to the movies again... or you can always buy more gas.. LOL
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