# get ready for over $4 a gallon this summer. TRUTH.

**URL:** https://forums.speedlife.net/t/get-ready-for-over-4-a-gallon-this-summer-truth/10934
**Category:** NYSpeed Off Topic
**Created:** [April 18, 2006, 7:27am UTC](https://forums.speedlife.net/t/get-ready-for-over-4-a-gallon-this-summer-truth/10934 "2006-04-18T07:27:11Z")
**Posts on this page:** 1
**Showing post:** 78

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### Author: ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)
#### Post date: [April 19, 2006, 1:29pm UTC](https://forums.speedlife.net/t/get-ready-for-over-4-a-gallon-this-summer-truth/10934/78 "2006-04-19T13:29:43Z")

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> [@JoesTypeS](#):
>
> Oil prices at this point are purely political…There’s no economic reason for them to be this high, it’s fear that’s driving the prices.

That’s a little too much simplification there. Some is political, the problems with Iran and speculation that they may cut off their oil supply. But there is nothing political about the terrorists attack on the Nigerian pipelines. They have the light crude that is best for making gasoline, so that’s especially bad for gas prices.

Also, the MTBE ban is cause a big problem for gasoline. I guess that is somewhat political though because it was a bad political decision to ban it without a better phase out plan.

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