America in the Worldwide Economy
The Economy, Trade, and American Competitiveness: America in the Worldwide Economy
Gas prices to hit $5.00?
The $100 fill-up has arrived in the United States.
No more than a few years ago if someone would have told you that a fill-up could run upwards of $100; you would have laughed loudly to their face. No ones laughing now.
(But the execs at "Big Oil" Companies are wearing a grin). Crude Oil which had been trading at the $20 range, and had never hit $50, has now broken through $120 a barrel.
The national average for regular unleaded is $3.53 and rising daily. Last year at this time, people were complaining that it was $2.86 per gallon. According to AAA, 24 states and the District of Columbia are averaging at or above $3.50 a gallon for regular unleaded. Premium, which is required for many cars and SUVs can run 40 to 60 cents higher.
Once again, California is home to the nation's highest average gas prices.
•San Francisco $3.97 per gallon; last year $3.47
• Los Angeles $3.85; last year $3.32
• San Jose $3.89; last year $3.36
• Sacramento $3.86; last year $3.30
• San Diego $3.88; last year $3.35
As scary as these prices seem now, many are warning that Americans should expect the price to increase another 25 cents over the next month and continue to climb over the summer months.
"A national average approaching $4 a gallon for self serve regular is likely, with cities like Los Angeles, Chicago and New York seeing prices for Premium at over $4.75 per gallon. Those type of prices will be devastating to America's already weak economy. As you read this blog, millions of families are struggling to make their mortgage payments, many of which are adjusting dramatically upward. In fact America finds it's self in a recession while simultaneously suffering inflation. We also find that the government as well as individuals and business are deep in debt; as a result, our options are limited.
Now is an auful time to be trying to sell Motor Homes, but a great time to be selling mopeds and scooters. I have had customers of ours tell me they are "Putting away" their car and buying a 125 cc bike.The allure of 60 or 70 miles per gallon is too hard to pass up.
Get a Motorcycle Quote
Urban Insurance Agency can save you money on your motorcycle insurance.
Owning and maintaining a car has never been cheap. And, gas is one of the biggest, of those expenses. With gas prices at all time highs, this has never been truer. But you can save gas and save money if you follow the following tips.
No more than a few years ago if someone would have told you that a fill-up could run upwards of $100; you would have laughed loudly to their face. No ones laughing now.
(But the execs at "Big Oil" Companies are wearing a grin). Crude Oil which had been trading at the $20 range, and had never hit $50, has now broken through $120 a barrel.
The national average for regular unleaded is $3.53 and rising daily. Last year at this time, people were complaining that it was $2.86 per gallon. According to AAA, 24 states and the District of Columbia are averaging at or above $3.50 a gallon for regular unleaded. Premium, which is required for many cars and SUVs can run 40 to 60 cents higher.
Once again, California is home to the nation's highest average gas prices.
•San Francisco $3.97 per gallon; last year $3.47
• Los Angeles $3.85; last year $3.32
• San Jose $3.89; last year $3.36
• Sacramento $3.86; last year $3.30
• San Diego $3.88; last year $3.35
As scary as these prices seem now, many are warning that Americans should expect the price to increase another 25 cents over the next month and continue to climb over the summer months.
"A national average approaching $4 a gallon for self serve regular is likely, with cities like Los Angeles, Chicago and New York seeing prices for Premium at over $4.75 per gallon. Those type of prices will be devastating to America's already weak economy. As you read this blog, millions of families are struggling to make their mortgage payments, many of which are adjusting dramatically upward. In fact America finds it's self in a recession while simultaneously suffering inflation. We also find that the government as well as individuals and business are deep in debt; as a result, our options are limited.
Now is an auful time to be trying to sell Motor Homes, but a great time to be selling mopeds and scooters. I have had customers of ours tell me they are "Putting away" their car and buying a 125 cc bike.The allure of 60 or 70 miles per gallon is too hard to pass up.
Get a Motorcycle Quote
Urban Insurance Agency can save you money on your motorcycle insurance.
Owning and maintaining a car has never been cheap. And, gas is one of the biggest, of those expenses. With gas prices at all time highs, this has never been truer. But you can save gas and save money if you follow the following tips.
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Comments
WHERE TO BUY USA GAS, THIS IS VERY IMPORTANT TO KNOW. READ ON
Gas rationing in the 80's worked even though we grumbled about it. It
might even be good for us! The Saudis are boycotting American goods. We
should return the favor. An interesting thought is to boycott their GAS.
Every time you fill up the car, you can avoid putting more money into
the coffers of Saudi Arabia. Just buy from gas companies that don't
import their oil from the Saudis.
Nothing is more frustrating than the feeling that every time I fill-up
the tank, I am sending my money to people who are trying to kill me, my
family, and my friends.
I thought it might be interesting for you to know which oil companies
are the best to buy gas from and which major companies import Middle
Eastern oil.
These companies import Middle Eastern oil:
Shell........ 205,742,000 barrels
Chevron/Texaco 144,332,000 barrels
Exxon /Mobil...130,082,000 barrels
Marathon/Speedway.. 117,740,000
Amoco.........62,231,000 barrels
Citgo gas is from South America, from a Dictator who hates Americans.
If you do the math at $30/barrel, these imports amount to over $18
BILLION! (oil is now $90 - $100 a barrel)
Here are some large companies that do not import Middle Eastern oil:
Sunoco..................0 barrels
Conoco..................0 barrels
Sinclair...............0 barrels
BP/Phillips............0 barrels
Hess...................0 barrels
ARCO...................0 barrels
If you go to Sunoco.com, you will get a list of the station locations
near you.
All of this information is available from the Department of Energy and
each is required to state where they get their oil and how much they
are importing.
But to have an impact, we need to reach literally millions of gas
buyers. It's really simple to do.
Gas rationing in the 80's worked even though we grumbled about it. It
might even be good for us! The Saudis are boycotting American goods. We
should return the favor. An interesting thought is to boycott their GAS.
Every time you fill up the car, you can avoid putting more money into
the coffers of Saudi Arabia. Just buy from gas companies that don't
import their oil from the Saudis.
Nothing is more frustrating than the feeling that every time I fill-up
the tank, I am sending my money to people who are trying to kill me, my
family, and my friends.
I thought it might be interesting for you to know which oil companies
are the best to buy gas from and which major companies import Middle
Eastern oil.
These companies import Middle Eastern oil:
Shell........ 205,742,000 barrels
Chevron/Texaco 144,332,000 barrels
Exxon /Mobil...130,082,000 barrels
Marathon/Speedway.. 117,740,000
Amoco.........62,231,000 barrels
Citgo gas is from South America, from a Dictator who hates Americans.
If you do the math at $30/barrel, these imports amount to over $18
BILLION! (oil is now $90 - $100 a barrel)
Here are some large companies that do not import Middle Eastern oil:
Sunoco..................0 barrels
Conoco..................0 barrels
Sinclair...............0 barrels
BP/Phillips............0 barrels
Hess...................0 barrels
ARCO...................0 barrels
If you go to Sunoco.com, you will get a list of the station locations
near you.
All of this information is available from the Department of Energy and
each is required to state where they get their oil and how much they
are importing.
But to have an impact, we need to reach literally millions of gas
buyers. It's really simple to do.
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