Wholesale gasoline prices hiked

Sunday 01st June, 05:24 PM JST

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13 Comments

hoserfella at 06:10 PM JST - 1st June

Attention Japanese public; 1. Bend over. 2. take it straight up the butt. 3. Enjoy.
Sarge at 09:26 PM JST - 1st June

hoser - Har!
New_Age_Hippie at 10:33 PM JST - 1st June

The era of Happy Motoring for oil importing countries is coming to an end.
some14some at 11:41 PM JST - 1st June

Will result in Fewer Vehicles on road and fewer traffic accidents. J-economy is in deflation anyway.
westurn at 01:08 PM JST - 2nd June

Sorry, I no longer believe the "conservative" numbers being posted here at Japantoday. These mild price hikes is in reality turning into nothing more than major inflation ! Over the weeks we have been told that price hikes around 3-7% would take effect on a variety of goods. I then get to the supermarket or gas stand to find prices have almost doubled ! What gives ? How can JT keep getting it so wrong !
BPoint at 01:12 PM JST - 2nd June

Well, it's not only here of course. SUV owners in the US are dumping their vehicles like crazy in the panic over $4 a gallon gas.
usaexpat at 11:42 PM JST - 2nd June

It's all around the world and has much less to do with supply than specualtors getting rich in the commodities markets (food and metals included) Nothing you can do about it except drive less.
super delegate at 11:50 PM JST - 2nd June

"Nothing you can do about it except drive less."

If you're American you can vote Republican.

They are the only party that wants to start drilling for the oil we have in Alaska and off the coasts of California and Florida.Dems want and basically need high prices to sell their pathetic "liberal" nostrums about how only Big Gubmint can save you.
usaexpat at 11:56 PM JST - 2nd June

super delegate, I will be voting Republican but in terms of energy that only keeps it from being even worse. The dems would love to kill the economy at the alter of global warming so I would imagine that their thrilled with high gas prices as it may deprive people of driving. As for drilling etc. it's all well and good and should have been done sooner but it will take somewhere around 10 years to yield any benefits. As for my post above I would say if we regulated the enegry markets a bit better that would be the quickest route to easing gas prices.
nisegaijin at 09:50 AM JST - 3rd June

The only problem with Republican delegate in the US is that he is a complete moron. Basically he will continue the un-republican wrong doings that Bush is known for.
presto345 at 07:43 PM JST - 3rd June

if we regulated the energy markets a bit better that would be the quickest route to easing gas prices

Absolutely. I don't know how this regulation could be brought about. It would need the consensus of all major economic powers. But having a group of predators and profiteers control these markets is outrageous and a serious threat to global economies with always the poorer nations suffering first.
super delegate at 09:26 PM JST - 3rd June

horserfella - do yourself a favor and pick up en econ 101 text.
hoserfella at 09:04 AM JST - 4th June

Ok, superdelegate, I've opened one up but I can't find the part that explains how an illegal and useless war in the middle east brings DOWN the price of oil. what page was that on? Oh, man! Looks like your next president and v.p. are going to be a black man and a woman! And dagnabit, Demicrats! You must be breaking out in hives!