| Author | Message | ||
     dfgh Unregistered User |
If you like gas prices being high and going higher, 4 more years of this admin. http://news.yahoo.com/energy-secretary-chu-admits-administration-ok-high-gas-193 900713.html | ||
| WOW Unregistered User |
And I have a bridge to sell you too. | ||
| dfgh Unregistered User |
http://www.greencarreports.com/news/1073512_doe-secretary-chu-gas-prices-hurt-bu t-oil-dependency-worse | ||
| Plantz Unregistered User |
But we got plenty of algae! | ||
| wall street sucks Unregistered User |
The spike in gas prices doesn't have much to do with supply and demand. It is market manipulation by speculators and is total BS. Get this crap off wall street and to a true supply and demand market. | ||
| dfgh Unregistered User |
Oil is a global market. When China enters an agreement with another country to purchase oil directly, it has nothing to do with wall street. When drilling permits in the Gulf of Mexico and Alaska are denied by the federal gov't, it has nothing to do with wall street. When oil close to the surface off the coast of Santa Barbara seeps into the Pacific Ocean polluting the waters because there is no will to drill, this has nothing to do with wall street. When Canadian oil is going to be shipped across their country to their port to be shipped to China because the federal government denies building the Keystone pipe line, this has nothing to do with wall street. When your gasoline is required to include a blend 10% ethanol (subsidized and expensive to produce) by the federal government, it has nothing to do with wall street. When the price of gas in 50 cents higher across the border in NY state, it has nothing to do with wall street. | ||
| wall street sucks Unregistered User |
When gas prices go up 15% in a months time with no real change in global demand in that months time, it has everything to do with wall street. | ||
| Dam gas prices Unregistered User |
WSS is right, it's primarily the speculators this time around. Let's see how long they can keep this bubble going. | ||
| wall street sucks Unregistered User |
http://finance.yahoo.com/news/time-stop-oil-speculators-151749174.html | ||
| dfgh Unregistered User |
Do you even know what is means to be a speculator? They are betting on a supply disruption and will lose a ton of money if the disruption doesn't happen and the price collapses. ""We've spoken about bursting the speculative bubble by having the President putting some reserve oil on the market. Every time that's been done, it's led to a decrease in oil and gas prices," he said." He won't do it. I rest my case. | ||
| dfgh Unregistered User |
Update http://www.nationalreview.com/corner/293008/how-obama-choking-us-oil-production- mario-loyola | ||
| Concerned Citizen Unregistered User |
Quite disingenious to use an article regarding the Keystone Pipeline and President Obama's position on it to jump to a conclusion that he is deliberately cutting gasoline supplies. The Keystone Pipeline is only to a refinery in Houston which will ship refined product out of the US. It has absolutely nothing to do with gasoline supplies in the US, but rather a "How to pollute the US instead of Canada." The only reason they are not refining the oil in Canada is because of a strong environmental lobby there. | ||
| dfgh Unregistered User |
Did you read the entire article? Oil is a global commodity. Increased reliable supply helps to keep the price down. Instability in supplier regions, like the middle east, increase prices. Having a reliable source from Canada, a country not run by nut jobs or islamic fundalmentalists weather that gas is used in the US or elsewhere, will help reduce the price globally. Refining in Canada is less desirable not because of their green lobby but because it cost most to refine in colder climates. You are saying the private sector jobs (pipeline construction and maintenance, refining jobs, etc.) not requiring any tax payer support are not important to you. They are obviously not important to Obama. This from the Obama administration energy secretary: "“Somehow,” Chu said, “we have to figure out how to boost the price of gasoline to the levels in Europe.” Technically Obama didn't say it but when he was vetted for this important position, you think this quote was a mystery to the Obama team? You are going to have to come to grips with the fact that Obama believes this too. | ||
| Concerned Citizen Unregistered User |
Yes, I read the article. Your arguments, while sounding somewhat plausible, are nothing more than Fox News and the Republican bites. Believe what you want, I am not going to get into a debate with you. I just find it unbelieveable that you will read bites and try to convince someone who does read and does know what is going on, that I am wrong. Never will happen. | ||
| dfgh Unregistered User |
I gave you a direct quote from Energy Secretary Chu. What do you think about the quote? Do you agree with him or do you think he was miss quoted? | ||
| Concerned Citizen Unregistered User |
"I am not going to get into a debate with you." What part of this don't you get? | ||
| dfgh Unregistered User |
If I translate that, you have got no answer to the clear facts presented to you. Instead you choose to do the equivalent of sticking your fingers in your ears and humming much like a child that doesn't want to hear what is being said. It's ok to admit that no matter what this president does you are still voting for him and you are willing to pay extra at the pump for that support. Just may sure when you fill up your tank and complain to family and friends about the price of gas that you also level with them about that support. | ||
| Concerned Citizen Unregistered User |
See attached. I think that Bush was president in July 2008. http://zfacts.com/p/35.html | ||
| 9290 Unregistered User |
The increase in gas prices rests ultimately with speculators who have swung oil prices outside of traditional supply-demand economics. There is no real oil shortage or massive increase in demand. However, rumors of a china slowdown, double dip recession, release of the oil reserve (which hasn’t been ruled out) and increasing gas prices will cause demand to sink enough to chase speculators away popping the current bubble. Unfortunately regardless of the cause of the pop in the long run such bubbles will just keep happening until speculation can be minimized so that there is true supply and demand. Article discussing the effects of speculation on oil prices: http://www.economicpopulist.org/content/why-are-gas-prices-skyrocketing I agree with Secretary Chu on his opinion to best promote full energy independence, but the pains caused by such prices prevent it from happening. Also I don’t think the administration will sit back idling, and let prices reach such levels as a certain poster with right-wing blinders on suggests. | ||
| Concerned Citizen Unregistered User |
http://www.politicususa.com/keystone-xl-gas-prices/ | ||
| dfgh Unregistered User |
The difference is in 2008, we had president and energy secretary who were interested in lowering the price and did succeed 6 months after the peak price and before his term was up. http://www.newscientist.com/article/dn14323-bush-lifts-ban-on-oil-drilling-in-co astal-waters.html | ||
| Concerned Citizen Unregistered User |
You are kidding me, aren't you? The "fundamentals of our economy are strong" president??? If you remember, that president almost took us into a depression and had no clue. Koch Brothers today anyone??? That is the reason why gas prices are going up, they are getting back at the President for rejecting the pipeline. If you think a majority of the people believe your line, you are delusional. How much tea did you drink today? | ||
| dfgh Unregistered User |
According to the recent Washington Post/ABC News poll, a majority (65%) do agree with me regarding Obama's handling of gas prices. http://www.washingtonpost.com/wp-srv/politics/polls/postabcpoll_031012.html | ||
| Concerned Citizen Unregistered User |
Do you think the polls may have been manipulated to show what the Republicans want them to show? I do. The press and news on tv are so biased against President Obama it isn't funny. Look who is on the news shows on Sunday morning, consistently Republican. Think what you wish, you are wrong. | ||
| BUDDAH Unregistered User |
GAS PRICES ARE INCREASING BECAUSE THE DOLLAR IS WORTH LESS AND LESS IN THE GLOBAL MARKETPLACE...A SILVER DIME WILL BUY ONE GALLON OF GAS...START SAVING IN GOLD AND SILVER AS A HEDGE AND KEEP IN YOUR POSSESSION... | ||
| dfgh Unregistered User |
Washington Post is a tool of the Republican party? | ||
| Be Prepared Unregistered User |
Agree with Buddah - gold and silver the way to go. Preparations are key as spelled out below. http://www.thehomeforsurvival.com |
