Discounted Gasoline Prices Offered in Reno Nevada

More than a hundred individuals recently waited for hours outside Rainbow Markets located at Vasser St. in Reno, Nevada to fill their gasoline tanks at a lower price.

The reduction in gasoline price in the area was supported by the PAC Morning-funded Gas Can Man organization which concentrates on the country’s energy policies. The publicity stunt was part of a campaign to emphasize what the organization thinks as the present administration’s failed energy policies.

Gas Can Man representative Mr. Michael Findlay said that the plan is to remind voters for election day that current gasoline prices have been extremely high. Only three years ago, during the inauguration of President Obama, the price at the pump was only $1.84 per gallon. The Dow Jones index, it should be noted, closed at 8281.22 on 1/16/2009 and WTI crude oil closed at 36.01. A little historical context goes along way; this date was during the worst part of the financial crisis that the US and global economies are still struggling to recover from.

Finlay talks about the damaging energy policies of President Obama as the cause of the surge in gasoline prices. He cites the Keystone Pipeline and the suspension on off-shore oil drilling as some of the hurtful policies. ¬†However, not everyone is in agreement to the organization’s beliefs.

Pam duPre, Washoe County Democratic Party’s Executive Director, said that these kinds of gimmicks are designed to distract the voters from the election’s real issues. ¬†A political organization called Americans for Prosperity is one of the groups that helped fund the event. The organization is widely supported by tycoons David and Charles Koch, the owners of Koch industries.

Even if the discount in the current gasoline price was said to be for politics sake, it was considered a much needed relief by those who waited in line.

Residents in the area said that they are glad that these types of events are being done for people who cannot afford the $4 per gallon gasoline price today.

American Commitment, LIBRE Initiative and the National Rifle Association also helped fund the event.

By: Chris Termeer

Chris Termeer

Chris Termeer is an oil and gas consultant, industry commentator and analyst. His book, Fundamentals of Investing in Oil and Gas provides a comprehensive overview of all aspects of the oil and gas industry, including exploration, drilling, production, storage, transportation and refining, to name but a few.

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