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 Essex County self-serve stations.

For a list of the gas stations in Reading and North Reading selling the least expensive fuel, click here for our Commute Page.

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.

But we want to know what 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?

MikeA September 13, 2012 at 04:58 PM
Supply (refinery outages due to fires and Hurricanes, international political instability in oil producing regions like Iran, Iraq, Nigeria, Venezuela, Russia, Libya, Egypt, US government slow in approving drilling in Gulf of Mexico and Alaska, increased expense to find and develop new oil discoveries, increased government regulation, using our food supply - corn - for energy) and demand (higher energy use in developing countries)
Stuart September 13, 2012 at 10:18 PM
Obama and the Democratic party. They have stopped or held up drilling, have stopped the pipe line from Canada and are more worried about placating the extreme environmentalists than helping the average citizen anf the American economy.
Peter O'Kelly September 13, 2012 at 11:50 PM
Check the profit levels of the major (dirty) energy companies; this is not exactly a mystery
francis mcginnis September 13, 2012 at 11:56 PM
Ron September 14, 2012 at 11:02 AM
It's easy. Commodity brokers can drive oil, or any commodity in any direction they please. They price based upon perceived public fear. Get a storm "somewhere near an oil producing field" and you go higher most times, whether it has a real impact on supply or not doesn't matter. It's an excuse to make big money quick.


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