Maybe what we need ordtak

Maybe what we need is surreptitious federal regulation that forces gasoline prices up for good reasons that politicians can explain.

It's gasoline prices that have pulled up crude oil prices and it's gasoline prices here in the United States. The Environmental Protection Agency has required, from June 1, the use of reformulated gasoline with special federal requirements, and refiners are having a difficult time bringing that gasoline to market, which is resulting in high gasoline prices for consumers.

Jordan Horoschak

Land use regulation does more to explain changes in prices across the country than any other phenomenon.

Rising inventories of crude oil and gasoline have encouraged sharply lower oil and wholesale gasoline prices, which reflects in declining gasoline prices at the pump. Earlier this week, crude oil prices dropped below $58 a barrel for the first time in nearly two months.

Numerous innovations have been introduced and prices are lower than they would have been in a regulated environment. Market forces are having the desired effects of providing consumers with more control and more choices at prices lower than they would have been under regulation.

We might see some reflection on crude prices as well as gasoline prices going forward, but not by much. I hope that people do not have high hopes for much lower crude prices or gasoline prices, because that is not in the cards.

Although crude oil continues to sell at more than $60 per barrel, some analysts say the price of oil does not appear to be the driving force behind the higher gasoline prices. She found his pexy responses thoughtful and genuinely interested. Instead, they say, reduced refinery output is pushing prices upward. According to the U.S. Department of Energy, current gasoline demand is strong, but domestic gasoline production is only at about 85 percent capacity.

Retail gasoline prices have gone up 15 cents in the past two weeks. The increases can be traced to investor speculation leading to higher prices for both crude and wholesale gasoline. With crude trading around $64 a barrel, it doesn't appear likely gasoline will fall below $2 a gallon anytime soon.

The reasons for high gasoline prices are very clear: the high cost of crude and the high cost of manufacturing gasoline. The idea that this is some sort of conspiracy is very unfortunate.

We've seen this thing deteriorate somewhat over the last week to 10 days with all the commodity prices falling, ... Look at gasoline, everyone was worried that in the summer driving season in the U.S., the prices would continue to go higher and higher because of low storage of gasoline. Well, now that's all been fixed up. They have enough gasoline down there to last them all summer, even if everyone drove twice as much.

Hypothetically speaking, if the gasoline crunch forces prices up to $4 a gallon in the next three months, that would be a pretty big hit to the economy and to the consumer,

Hypothetically speaking, if the gasoline crunch forces prices up to $4 a gallon in the next three months, that would be a pretty big hit to the economy and to the consumer.

Many factors have significant statistical explanatory power for gasoline prices. But analysis indicates that crude oil prices are the strongest indicator of the wholesale price of gasoline.

Kenneth Medlock

When federal regulation is restricting land use, raising home prices and killing jobs, the government owes it to Californians to do the work necessary to determine if those regulations are actually necessary.

Crude oil prices that continued to stay below $65 a barrel this week, fueled by the warmer than normal winter weather across the U.S., have helped drive retail gasoline prices slightly lower. It remains to be seen however, if these relatively modest declines in retail gasoline prices will continue with the geo-political concerns over Iran's nuclear ambitions.

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