Who Do You Blame For The Spike In Gas Prices?

Ask 10 different people and you might get 10 different answers as to why gas prices have spiked sharply in September.

The facts are indisputable.

According to AAA, the average price for a gallon of gas in Massachusetts is presently $3.88. That's a whopping 16 cents higher than it was just one month ago. The price has actually soared to over $4 a gallon at some Middlesex County self-serve stations.

Ask 10 different people to explain the cause of the off-season spike and you might get 10 different answers. Some have blamed OPEC, while others have blamed big oil companies. A recent rash of severe weather has been seen as a cause by some people, as have the energy polices and proposals of one political party or another. Still other people have blamed oil speculators on Wall Street.

Democrat Ed Markey, a Massachusetts congressman who represents Medford, has previously. Iran won't sell oil to Great Britain and France, and Saudi Arabia cut its oil production late last year.

What do you think? What do you believe is the cause for the recent spike in the cost of gasoline and do you think it has topped out or do you expect it to climb even higher over the next several weeks?

cindy September 13, 2012 at 11:21 AM
when Bush left office gas was 1.88/gallon. local/national news media criticized and blamed bush for the soaring gas prices. Here we are 4 yrs later and look at our gas prices, they have gone up. Media is all quite about it too. they wont blame this president. If you ask me, when bush was president I blamed him, obama is our current president he is at fault for this. he is a do nothing president. Gas will go up so more due to the unrest in Libya and egypt and i am sure by the time i finish posting this some other countries will join them as well.
Richie M September 13, 2012 at 11:55 AM
C'mon Jarret that's an easy one it's George W. Bush's fault. Sheesh.
John C. September 13, 2012 at 01:18 PM
I think there are a number of reasons, but the primary reason is the lack of a good energy policy by our government that has allowed only limited drilling leases and unrealistic policy on alternative energy such as solar and wind that can not supply our needs. The governement has discouraged use of coal. There has to be a more balanced policy to increase the supply of oil by our own drilling and a pipe line from Canada along with alternative energy sources.
Anita September 13, 2012 at 03:10 PM
Come on, Cindy. Do a little research. $1.88/gallon when Bush left office? Gas prices were $1.12 when George H.W. Bush was finishing out his term in 1993. Is that what you're thinking if? Go to http://mediamatters.org/blog/2012/03/05/flashback-fox-news-on-gas-prices-in-2008/157979. And a "do-nothing president"? Try http://whatthefuckhasobamadonesofar.com/. Stop watching Fox "news".
John C. September 14, 2012 at 02:46 AM
Yeah Obama is doing a lot, but it's all negatively impacting our energy costs and the financial stability of our country. There is very little stated by the media that's critical of Obama, as compared to other Presidents.


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