Analyst: No Straight Line When It Comes To Figuring Out Gas Prices

By Anthony Silva, WBZ NewsRadio 1030 New England Business Editor

BOSTON (CBS) – A well-known energy analyst says concerns about Iran account for much of the prices we’re playing at the gas pump.

But there are other factors; U.S. refineries, for example, are not producing at full capacity.

Local gas prices are racing closer to $4 a gallon, but the cost of a barrel of crude fell today in New York and London.

WBZ NewsRadio 1030’s Anthony Silva spoke with John Kilduff

More from New England Business
Comments

One Comment

  1. Proud but ticked off vet says:

    you see this is what is called lies…experts predict…yeah right…experts decide and the media is their puppet. Everyone should boycott all major oil companies especially Mobil/Exxon and BP…they’re all just playing us. Lies about the economy getting better too because the economy isn’t better when people have to work 1-1 1/2 days just to pay the cost of getting to work. All that money could go into our local economy but the local owners of gas stations do not make that much either.

    Instead all of this money goes to liars and the greedy, leaves our country and does nada for our economy. Money that could be spent on all kind of things to better our lives and the lives of those in our communities, instead it goes overseas. Why should we expect any different, our members of Congress do not represent us because they do not listen to us…they listen to the lobbyists who have access to them…we, the voters, the ones that are suppose to be represented in congress but our reps only tell us things, not once do they listen.

    Stop feeding us all these lies and someone tell the morons in Washington especially the chief that there is no use in creating jobs if no one can afford to go to work. HELLO MR PREZ GAS PRICES WERE $1.89 WHEN YOU TOOK OFFICE.

    Obama’s energy policy is just say no, no to off shore drilling, no to a pipeline, no to opening the reserves…yes to letting the ones who can afford it the least to pay the most. Flush that toilet called Washington already, it’s starting to over flow and has been stinking for years

  2. Matt says:

    Here is what I do in order to make the gas prices less painfull. Make more money than I need to live on. But then again most problems tend to go away when you take that approach.

    I am not one of the 1%, but I am well on my way there.

  3. Andrew says:

    We can ***** and complain all we want but it isn’t going to do much. Obama doesnt give a **** and neither do the oil companies nor the people that provide to them. When you don’t like something boycott it. I understand we need fuel everyday so we obviously can’t boycott that imeadiately but what we can do is boycott a certain major brand. With out researching further I can’t make the best choice as to who but it could be anyone, Shell, BP, etc. We screw one company and they have no choice but to lower their prices to hope to win the people back. Fair fuel pricing would be between $2-$3. I say boycott till we get to that point.

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