# Gas at $5/Gallon by mid-September? **URL:** \ **Category:** In My Humble Opinion\ **Created:** [August 26, 2012, 11:09pm UTC](https://boards.straightdope.com/t/gas-at-5-gallon-by-mid-september/632759 "2012-08-26T23:09:35Z")\ **Posts on this page:** 5\ **Page:** 2
**Author:** ![Enkel](https://avatars.discourse-cdn.com/v4/letter/e/df705f/32.png) [@Enkel](https://boards.straightdope.com/u/Enkel)\ **Post date:** [August 27, 2012, 2:55pm UTC](https://boards.straightdope.com/t/gas-at-5-gallon-by-mid-september/632759/21 "2012-08-27T14:55:27Z")
> [@Son\_of\_a\_Rich](#): > > Michele Bachmann had a plan that would result in gas prices dropping to $2 a gallon after her election. I wish she’d share it before it’s too late. Well, I’m sure she would have managed to crash the global economy again and that will pretty much do it. Right now, Sept and Oct oil futures were trending down due to concerns over the EU economy, so I’m not sure how we’ll hit $5/gal unless they gouge the prices. ---
**Author:** ![Colophon](https://avatars.discourse-cdn.com/v4/letter/c/f05b48/32.png) [@Colophon](https://boards.straightdope.com/u/Colophon)\ **Post date:** [August 27, 2012, 3:00pm UTC](https://boards.straightdope.com/t/gas-at-5-gallon-by-mid-september/632759/22 "2012-08-27T15:00:12Z")
> [@kferr](#): > > In the UK diesel was £1.40/litre when I filled up last week which works out to $8.50 US per US gallon. That’s around $100 to fill my little BMW 1 Series. Yeah, tell me about it. It now costs almost £90 (US$140) to fill my tank. There were mass protests a few years ago when the price hit 85p a litre. Now it’s heading for double that and we just bend over and take it. ☹ ---
**Author:** ![Enkel](https://avatars.discourse-cdn.com/v4/letter/e/df705f/32.png) [@Enkel](https://boards.straightdope.com/u/Enkel)\ **Post date:** [August 27, 2012, 3:06pm UTC](https://boards.straightdope.com/t/gas-at-5-gallon-by-mid-september/632759/23 "2012-08-27T15:06:15Z")
> [@Bosstone](#): > > …Yeah, _after_ the election. [It hit $4.12 in July of '08.]([Gas Station Price Charts - Local & National Historical Average Trends - GasBuddy.com](http://www.GasBuddy.com/gb_retail_price_chart.aspx?city1=USA) Average&city2=&city3=&crude=n&tme=96&units=us) > > Romney’s not making it a bigger issue because it would be kind of insane to. Still, they haven’t been shy about trying out big lies… Because Romney’s [del]owners[/del] er [del]investors[/del] er [del]sponsors[/del] … donors (aka Koch Brothers) don’t like any talk of lowered gas prices. Plus now we’re apparently going to take over Canada and Mexico, then drill the snot out of every shoreline and frac the daylights out of ever piece Federal land… so we can become [energy independent by 2020](http://thehill.com/video/campaign/245071-romney-energy-independence-by-2020-not-pie-in-the-sky-). Good thing Palin built that bazillion dollar pipeline (all by herself) so we can get that Alaskan LNG down here! ETA: Sure hope Exxon and ConcoPhillips don’t mind being told who to buy oil from. ---
**Author:** ![Enkel](https://avatars.discourse-cdn.com/v4/letter/e/df705f/32.png) [@Enkel](https://boards.straightdope.com/u/Enkel)\ **Post date:** [August 27, 2012, 3:19pm UTC](https://boards.straightdope.com/t/gas-at-5-gallon-by-mid-september/632759/24 "2012-08-27T15:19:08Z")
> [@Shagnasty](#): > > The only control a U.S. President would have would be to unleash the strategic oil reserves which is retarded because they are strategic and not there to prevent consumer shock at the gas station. You do realize that $5/gal would pretty much tank the economy into a recession, right? I wouldn’t call preventing such a thing “retarded”. ---
**Author:** ![Duckster](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/duckster/32/1244_2.png) [@Duckster](https://boards.straightdope.com/u/Duckster)\ **Post date:** [August 27, 2012, 4:08pm UTC](https://boards.straightdope.com/t/gas-at-5-gallon-by-mid-september/632759/25 "2012-08-27T16:08:30Z")
> [@Enkel](#): > > You do realize that $5/gal would pretty much tank the economy into a recession, right? I wouldn’t call preventing such a thing “retarded”. The economy is going to tank anyway come this fall or winter. Gas at $5/gallon would merely added to what is coming. [Previous page](https://boards.straightdope.com/t/gas-at-5-gallon-by-mid-september/632759.md?page=1)