Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:01 PM

GasBuddy News Article

30
votes
Oil Rises Amid Israel Conflict, U.S. Budget Talks

Bloomberg -- Oil advanced to the highest level in more than a week in New York amid concern that Middle East unrest will disrupt supply and speculation the U.S. will avert automatic spending cuts and tax rises that threaten to throw the nation into recession.

West Texas Intermediate futures climbed to more than $88 a barrel, extending two weeks of gains. Israel will continue to attack Gaza and may intensify operations, Defense Minister Ehud Barak said. U.S. President Barack Obama is “confident” of a deal on the so-called fiscal cliff, he said after Nov. 16 talks with congressional leaders.

“Geopolitical tensions in the Middle East are not good news for the energy markets,” Fatih Birol, chief economist at the International Energy Agency, said in an interview in Oslo. “Any geopolitical event may

Read the Full Article

Submitted Nov 19, 2012 By: WxVette
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil Rises Amid Israel Conflict, U.S. Budget Talks Post a Reply Back to Topics
REPLIES (newest first)
First
1234
Next Last
Profile Pic
honda0105
Champion Author Tallahassee

Posts:18,650
Points:1,612,445
Joined:Nov 2008
Message Posted: Nov 24, 2012 5:20:46 AM
 Ignore honda0105 Report Abuse

another excuse.
Profile Pic
sparky808
Champion Author Honolulu

Posts:3,018
Points:601,635
Joined:Sep 2011
Message Posted: Nov 20, 2012 9:26:45 AM
 Ignore sparky808 Report Abuse

Thank you for posting.
Profile Pic
CobraJ
All-Star Author Tampa

Posts:999
Points:376,205
Joined:Mar 2011
Message Posted: Nov 20, 2012 5:45:33 AM
 Ignore CobraJ Report Abuse

Well what you do you know. Just when you think prices are on a steady decline, thank goodness for another Middle East crisis to freak speculators into a panic and spike oil and gasoline prices. They couldn’t have timed it any better.
Profile Pic
remay
Champion Author Houston

Posts:6,979
Points:2,120,385
Joined:May 2006
Message Posted: Nov 20, 2012 5:42:01 AM
 Ignore remay Report Abuse

just another snapshot article...
Profile Pic
jrs4125
Champion Author Indiana

Posts:2,773
Points:594,670
Joined:Sep 2011
Message Posted: Nov 20, 2012 3:06:46 AM
 Ignore jrs4125 Report Abuse

Dooooooh
Profile Pic
goldrose1
Champion Author Cleveland

Posts:10,956
Points:1,927,755
Joined:Feb 2005
Message Posted: Nov 19, 2012 9:16:25 PM
 Ignore goldrose1 Report Abuse

tensions give stress.
Profile Pic
boatfloyd
Champion Author Jacksonville

Posts:1,733
Points:390,900
Joined:Mar 2012
Message Posted: Nov 19, 2012 9:14:50 PM
 Ignore boatfloyd Report Abuse

Israel should get the gas price back up.
Profile Pic
jetskijerry
Champion Author North Carolina

Posts:3,911
Points:775,195
Joined:Mar 2011
Message Posted: Nov 19, 2012 9:13:35 PM
 Ignore jetskijerry Report Abuse

Another excuse
Profile Pic
1fulltank
Champion Author Buffalo

Posts:7,918
Points:1,547,235
Joined:Nov 2008
Message Posted: Nov 19, 2012 9:11:15 PM
 Ignore 1fulltank Report Abuse

Like nobody saw this coming, right?
Profile Pic
GRUMPY55
Champion Author California

Posts:1,629
Points:424,250
Joined:Oct 2011
Message Posted: Nov 19, 2012 9:10:28 PM
 Ignore GRUMPY55 Report Abuse

Here we go again
Profile Pic
slkmoo
Champion Author Ontario

Posts:1,268
Points:332,400
Joined:Apr 2012
Message Posted: Nov 19, 2012 9:07:59 PM
 Ignore slkmoo Report Abuse

get ready to take it over the weekend holiday
Profile Pic
vrossi46
Champion Author San Jose

Posts:2,682
Points:806,870
Joined:Oct 2008
Message Posted: Nov 19, 2012 9:05:58 PM
 Ignore vrossi46 Report Abuse

they need some excuse to stick it to us over turkey day weekend
Profile Pic
bvrbill
Champion Author Eugene

Posts:3,238
Points:521,550
Joined:Jul 2011
Message Posted: Nov 19, 2012 8:59:11 PM
 Ignore bvrbill Report Abuse

Expect prices to rise.
Profile Pic
goldrose1
Champion Author Cleveland

Posts:10,956
Points:1,927,755
Joined:Feb 2005
Message Posted: Nov 19, 2012 8:58:56 PM
 Ignore goldrose1 Report Abuse

bbbb
Profile Pic
Kawibiker
Champion Author Illinois

Posts:1,175
Points:205,575
Joined:May 2012
Message Posted: Nov 19, 2012 8:58:48 PM
 Ignore Kawibiker Report Abuse

yep got to make them prices go up..
Profile Pic
mstearno
Champion Author Dayton

Posts:8,080
Points:1,734,140
Joined:Jan 2008
Message Posted: Nov 19, 2012 8:53:02 PM
 Ignore mstearno Report Abuse

navyhm do you expect prices to go down with the israel problem
put yourself in their shoes
tanks should have rolled on the first missle lobbed at them
what if some country was bombing new york city would we wait would we negotiate?
Or would we kick some A**?
You bet we would..........
Profile Pic
sprocketsplines
Champion Author Washington

Posts:1,697
Points:863,565
Joined:Oct 2010
Message Posted: Nov 19, 2012 8:53:00 PM
 Ignore sprocketsplines Report Abuse

The oil speculators must be having a field day over the Middle East unrest.
Profile Pic
ctcowboy
Sophomore Author Connecticut

Posts:198
Points:42,820
Joined:Aug 2011
Message Posted: Nov 19, 2012 8:52:50 PM
 Ignore ctcowboy Report Abuse

agree on ng to fight oil
Profile Pic
clermont40miles
Champion Author Cincinnati

Posts:10,588
Points:1,774,820
Joined:Apr 2008
Message Posted: Nov 19, 2012 8:52:36 PM
 Ignore clermont40miles Report Abuse

Any excuse will do. This is too good for the speculators to pass up.

Hold on. It's gonna be a rough ride.
Profile Pic
drobbbb
Champion Author Maryland

Posts:3,490
Points:814,860
Joined:Dec 2010
Message Posted: Nov 19, 2012 8:51:24 PM
 Ignore drobbbb Report Abuse

anything to raise it
Profile Pic
southrob
Champion Author Tucson

Posts:3,615
Points:691,100
Joined:Mar 2011
Message Posted: Nov 19, 2012 8:51:19 PM
 Ignore southrob Report Abuse

of course it rose.. silly us
Profile Pic
NAVYHM
All-Star Author Cleveland

Posts:761
Points:1,387,955
Joined:May 2008
Message Posted: Nov 19, 2012 8:50:18 PM
 Ignore NAVYHM Report Abuse

ANY EXCUSE WILL DO... THERE WAS A WATERSPOUT OUT IN THE PACIFIC OCEAN TODAY... AND A TRAIN PASSED THROUGH THE CITY TODAY AND BLEW IT'S HORN 3 TIMES...
Profile Pic
rjoeh
Champion Author Michigan

Posts:7,091
Points:2,472,915
Joined:Jun 2004
Message Posted: Nov 19, 2012 8:49:42 PM
 Ignore rjoeh Report Abuse

Any surprise here????? These are the types of excuses the oil companies are looking for to justify bumping up prices. It also means we ought to fill up tomorrow before they jump the prices tomorrow.
Profile Pic
VikingWoman
Champion Author Washington

Posts:1,290
Points:254,635
Joined:May 2012
Message Posted: Nov 19, 2012 8:48:17 PM
 Ignore VikingWoman Report Abuse

Will we ever really get the truth about prices? I won't hold my breath.
Profile Pic
my2002m
Champion Author Tulsa

Posts:6,088
Points:1,673,205
Joined:Jul 2008
Message Posted: Nov 19, 2012 8:42:49 PM
 Ignore my2002m Report Abuse

It's only going to go higher over the next four years.
Profile Pic
us4usa
Champion Author Missouri

Posts:6,003
Points:1,115,215
Joined:May 2008
Message Posted: Nov 19, 2012 8:35:16 PM
 Ignore us4usa Report Abuse

Time to switch to NG, and tell OPEC to kiss off...
Profile Pic
serrog
Champion Author Nova Scotia

Posts:5,579
Points:1,515,055
Joined:Oct 2008
Message Posted: Nov 19, 2012 8:32:41 PM
 Ignore serrog Report Abuse

Agree with Mr. Bill
Profile Pic
Mr_Bill_W
All-Star Author Virginia

Posts:566
Points:360,510
Joined:Feb 2012
Message Posted: Nov 19, 2012 8:31:32 PM
 Ignore Mr_Bill_W Report Abuse

Really? Any excuse to screw consumers who are dependent on fuel the earn a living. How much petroleum does Israel produced that is consumed by the USA? How does the progress and potential of avoiding sequestration adversely impact petroleum supplies and/or pricing? Get ready for more BIG Lies from BIG oil and in the end we consumers get the BIG screw as usual!
Profile Pic
scooter1217
Rookie Author Chicago

Posts:17
Points:3,745
Joined:Nov 2012
Message Posted: Nov 19, 2012 8:29:24 PM
 Ignore scooter1217 Report Abuse

...
Profile Pic
MopedTime
All-Star Author Michigan

Posts:771
Points:362,950
Joined:Mar 2012
Message Posted: Nov 19, 2012 8:27:53 PM
 Ignore MopedTime Report Abuse

Why did US citizens have to pay too much for Isreal help?
Let them pay for their wars. Let's fight the poverty war at home first.
We need real help here in America.
Profile Pic
suzmar
Champion Author Texas

Posts:2,214
Points:874,980
Joined:Jun 2006
Message Posted: Nov 19, 2012 8:25:58 PM
 Ignore suzmar Report Abuse

That is why it is called speculation, no concrete evidence is needed`to bid up prices.
Profile Pic
AuburnTim
Champion Author Indiana

Posts:6,828
Points:1,559,190
Joined:May 2005
Message Posted: Nov 19, 2012 8:23:42 PM
 Ignore AuburnTim Report Abuse

No other business is allowed to raise prices on such excuses and speculation and Gongress says there isn't a dam thing they can do about it. Vote out the idiots that make that statement and all that support big oil.
Profile Pic
preacherjohn
Champion Author Modesto

Posts:4,002
Points:1,922,625
Joined:May 2006
Message Posted: Nov 19, 2012 8:23:26 PM
 Ignore preacherjohn Report Abuse

ok .. go help them.
Profile Pic
Double_Golden
Champion Author San Francisco

Posts:2,575
Points:608,310
Joined:Aug 2011
Message Posted: Nov 19, 2012 8:17:23 PM
 Ignore Double_Golden Report Abuse

just excuses to raised the prices....
Profile Pic
DeeLA
Champion Author Los Angeles

Posts:4,833
Points:1,368,255
Joined:Nov 2008
Message Posted: Nov 19, 2012 8:16:39 PM
 Ignore DeeLA Report Abuse

...and the roller coaster starts its long climb.
Profile Pic
wayoung56
Champion Author Alabama

Posts:2,815
Points:821,260
Joined:Oct 2006
Message Posted: Nov 19, 2012 8:15:52 PM
 Ignore wayoung56 Report Abuse

Figures... Give them a reason and prices will go up...
Profile Pic
bojiway1
Champion Author Minnesota

Posts:2,064
Points:481,960
Joined:Dec 2011
Message Posted: Nov 19, 2012 8:15:45 PM
 Ignore bojiway1 Report Abuse

this is why we need the pipeline
Profile Pic
Wanda127
Champion Author Florida

Posts:2,499
Points:917,630
Joined:May 2010
Message Posted: Nov 19, 2012 8:12:10 PM
 Ignore Wanda127 Report Abuse

It jumped about .02 cents here in the last couple of days.
Profile Pic
drz614
Champion Author Harrisburg

Posts:2,314
Points:601,145
Joined:Aug 2011
Message Posted: Nov 19, 2012 8:11:59 PM
 Ignore drz614 Report Abuse

lol
Profile Pic
ClancyME
Champion Author Georgia

Posts:14,527
Points:2,371,665
Joined:Sep 2006
Message Posted: Nov 19, 2012 8:08:34 PM
 Ignore ClancyME Report Abuse

Just saw a 5¢ spike at Costco since Sunday.
Profile Pic
sagnat
Champion Author Riverside

Posts:1,169
Points:311,185
Joined:Jun 2012
Message Posted: Nov 19, 2012 8:08:28 PM
 Ignore sagnat Report Abuse

It is always something in or around the world affecting the price of oil. Oil goes up, gas goes up...oil goes down, gas goes up....nothing changes, gas goes up.
Profile Pic
tspaldi
Champion Author Provo

Posts:6,040
Points:939,390
Joined:Sep 2010
Message Posted: Nov 19, 2012 8:04:10 PM
 Ignore tspaldi Report Abuse

Christmas is coming and the Oil exec's need a reason for a bigger bonus... We should be happy to help them out with a higher price at the pump! It's the American way to take care of those 1%ers. I am sure if we help them out with their Christmas bonus they will help us all out.
Profile Pic
charladan
All-Star Author Virginia

Posts:564
Points:451,890
Joined:Jun 2011
Message Posted: Nov 19, 2012 8:03:33 PM
 Ignore charladan Report Abuse

yep it is.
Profile Pic
Mustache_33
All-Star Author Toronto

Posts:900
Points:181,455
Joined:May 2012
Message Posted: Nov 19, 2012 8:01:50 PM
 Ignore Mustache_33 Report Abuse

hm
Profile Pic
WIPACKERFAN
Champion Author Chicago

Posts:8,814
Points:1,845,400
Joined:Aug 2005
Message Posted: Nov 19, 2012 7:58:37 PM
 Ignore WIPACKERFAN Report Abuse

No surprise.
Profile Pic
dasimon
All-Star Author Florida

Posts:556
Points:573,050
Joined:Mar 2011
Message Posted: Nov 19, 2012 7:57:55 PM
 Ignore dasimon Report Abuse

Yep of course
Profile Pic
EvPv
Champion Author Maine

Posts:1,053
Points:268,625
Joined:Feb 2011
Message Posted: Nov 19, 2012 7:57:39 PM
 Ignore EvPv Report Abuse

I did NOT vote for Obama, but prices skyrocketed during the Bush admin for a bunch of reasons: exploding U.S. demand, Iraq War II, Katrina/Rita impact, and then declined during the financial collapse in 2008. Even though I am not a fan of his, I would not put the current gas prices on President Obama doorstep.

Just imagine if the U.S. economy was rolling along with bigger expansion and a 4.5% unemployment rate: the increased gas demand would mean.....higher prices.

Want to spend less on gas? Use less.
Profile Pic
30mpg80
Champion Author Lexington

Posts:10,067
Points:1,490,780
Joined:Nov 2008
Message Posted: Nov 19, 2012 7:55:41 PM
 Ignore 30mpg80 Report Abuse

Well, of course, any sneeze moves oil higher
Profile Pic
skysteve1
Champion Author Victoria

Posts:1,157
Points:379,160
Joined:Jul 2011
Message Posted: Nov 19, 2012 7:53:20 PM
 Ignore skysteve1 Report Abuse

Any excuse
Profile Pic
DrLyon
Champion Author Michigan

Posts:6,660
Points:1,214,530
Joined:May 2006
Message Posted: Nov 19, 2012 7:52:56 PM
 Ignore DrLyon Report Abuse

Nuts
Post a reply Back to Topics
First
1234
Next Last
"Consumers working together to save on gas"