B-Large Posted March 9, 2012 Share Posted March 9, 2012 http://www.usatoday.com/money/economy/story/2012-03-08/gasoline-poll/53421786/1?loc=interstitialskip Talk about Entitlement, Americans obviously feel they are entitled to inexpensive gas to fuel their overleveraged, overspent lives..... Why do people here feel like gas should be less? Do they want Naitonalized Oil Companies and refineries? Heck, if I have a boat lead of the light sweet stuff, you bet your ass I am selling that stuff to the highest bidder... that's how Capitalism works... If you have some time, read the comments in the article... hilarious. I remember prior to 2008 when gas was $4 plus, people were pissed because Bush was not doing anything about gas prices... 4 years later, same circus different clown... American politics has become quite the entertainment... Link to comment Share on other sites More sharing options...
/dev/null Posted March 9, 2012 Share Posted March 9, 2012 Gas prices always increase in the spring and summer then decrease into fall. So what will happen Gas Prices go up over $4 Obama talks Gas Prices go up over $4.25 Obama talks some more Gas Prices go up over $4.50 Obama talks some more Gas Prices go up to I don't know how high Obama talks some more Gas prices start to come down later in the year Obama takes credit Gas prices continue to go down later in the year Obama takes more credit Gas prices down to $4.25! Give that man another term! Link to comment Share on other sites More sharing options...
Rob's House Posted March 9, 2012 Share Posted March 9, 2012 http://www.usatoday.com/money/economy/story/2012-03-08/gasoline-poll/53421786/1?loc=interstitialskip Talk about Entitlement, Americans obviously feel they are entitled to inexpensive gas to fuel their overleveraged, overspent lives..... Why do people here feel like gas should be less? Do they want Naitonalized Oil Companies and refineries? Heck, if I have a boat lead of the light sweet stuff, you bet your ass I am selling that stuff to the highest bidder... that's how Capitalism works... If you have some time, read the comments in the article... hilarious. I remember prior to 2008 when gas was $4 plus, people were pissed because Bush was not doing anything about gas prices... 4 years later, same circus different clown... American politics has become quite the entertainment... Because the price would be lower were it not for artificial restraints on supply. Link to comment Share on other sites More sharing options...
/dev/null Posted March 9, 2012 Share Posted March 9, 2012 Because the price would be lower were it not for artificial restraints on supply. The price would also be lower if not for the systematic devaluation of the dollar Link to comment Share on other sites More sharing options...
Gary M Posted March 9, 2012 Share Posted March 9, 2012 Because the price would be lower were it not for artificial restraints on supply. They are not "artificial constraints" they are deliberate and hostile. Link to comment Share on other sites More sharing options...
B-Man Posted March 9, 2012 Share Posted March 9, 2012 "Now, here’s the thing, though — this is not the first time we’ve seen gas prices spike. It’s been happening for years. Every year, about this time, gas starts spiking up, and everybody starts wondering, how high is it going to go? And every year, politicians start talking when gas prices go up. They get out on the campaign trail — and you and I both know there are no quick fixes to this problem — but listening to them, you’d think there were."President Obama (video at the link) Well, here’s the thing — this isn’t the first time we’ve heard a President claim that there are no quick fixes to the problem of dependency on foreign oil and supply shocks. When Republicans pressed Bill Clinton to open up ANWR and offshore drilling, Clinton responded that it would take years for such a policy to deliver enough supply to matter. When George Bush tried to get a Democratic Congress to agree to open ANWR, Democrats said it would take years for such a policy to deliver enough supply to matter. Now that Barack Obama’s in the White House, he says that increased domestic production by opening up long-restricted areas would take too long to deliver enough supply to matter. When it comes to energy policy, accessing our own vast stores of oil and natural gas isn’t a “quick fix” — it’s a long term policy that creates economic growth, national security, and jobs. And if Democrats had concerned themselves with those issues almost 20 years ago, we wouldn’t have had prices “spiking up … every year, about this time.” Telling people to shrug it off simply because it keeps happening is kind of like proposing trillion-dollar deficits each year rather than getting serious about spending cuts and responsible budgeting. Oh, yeah................... Ed Morrissey . Link to comment Share on other sites More sharing options...
OCinBuffalo Posted March 9, 2012 Share Posted March 9, 2012 President Obama (video at the link) Well, here's the thing — this isn't the first time we've heard a President claim that there are no quick fixes to the problem of dependency on foreign oil and supply shocks. When Republicans pressed Bill Clinton to open up ANWR and offshore drilling, Clinton responded that it would take years for such a policy to deliver enough supply to matter. When George Bush tried to get a Democratic Congress to agree to open ANWR, Democrats said it would take years for such a policy to deliver enough supply to matter. Now that Barack Obama's in the White House, he says that increased domestic production by opening up long-restricted areas would take too long to deliver enough supply to matter. When it comes to energy policy, accessing our own vast stores of oil and natural gas isn't a "quick fix" — it's a long term policy that creates economic growth, national security, and jobs. And if Democrats had concerned themselves with those issues almost 20 years ago, we wouldn't have had prices "spiking up … every year, about this time." Telling people to shrug it off simply because it keeps happening is kind of like proposing trillion-dollar deficits each year rather than getting serious about spending cuts and responsible budgeting. Oh, yeah................... Ed Morrissey . This is the fallacy of the argument that drilling doesn't do anything. So....let's see. Should we make the decision, now, that screws us over 20 years from now? What purpose does that serve? What if it doesn't take 20 years what if it only takes 4? Price might suck now, but it we do nothing, now, they are sure to suck later as well. It's completely illogical. Link to comment Share on other sites More sharing options...
/dev/null Posted March 9, 2012 Share Posted March 9, 2012 This is the fallacy of the argument that drilling doesn't do anything. So....let's see. Should we make the decision, now, that screws us over 20 years from now? What purpose does that serve? What if it doesn't take 20 years what if it only takes 4? Price might suck now, but it we do nothing, now, they are sure to suck later as well. It's completely illogical. Because Americans want their instant gratification now! Now!!! Now!!! Now!!! Now!!! Now!!! Now!!! Now!!! Is it time to vote for American Idol® yet? Link to comment Share on other sites More sharing options...
SWVABillsFan Posted March 9, 2012 Share Posted March 9, 2012 Hearng the news as of late with rising gas prices and Obama wanting gas done with all together and being against the coal indusrty and things of that nature aught to tell everyone how far off base this guy is. Word has it he wants us to pay what the Europians do, not possible. This country is in enough of a bind as it is, let alone 9 or 10 dollar a gallon gas prices. You raise the gas and evertying goes up with it. Bad thing is when it does come down some nothing comes down with it. The problem with rising gas prices and the cost of product raising is only big oil gets the money. How many people do you know of when the last time gas prices took a big jump got a big raise to be able to compensate. When you drive and economical vehicle to work and you start looking at 40, 50, 60 or more dollars to fill it up you are taking away from other necessity bills. With no other "right now" alternative they need to just leave the gas prices alone. With big oil companies prifiting what they are already profiting it is just pointless. There is so much to fix in the American economy and I am not sure where they should start, perhaps more jobs back in the US; but, raising gas prices is only going to hinder and create more problems for those of us who just get by without all the bells and whistles type stuff. I and many others like myself contribute; but, to our government letting gas prices rise doesn't help anything anyhow. The scary thing is if Obama does something about it, it will only be a fix for re-election. Best sometimes to just leave well enough alone. Link to comment Share on other sites More sharing options...
/dev/null Posted March 9, 2012 Share Posted March 9, 2012 I don't mean to tip you off your greedy Big Oil® soap box but do yourself a favor and check out the increasing price of oil over time vs the decreasing value of the U$ Dollar over the same period. But yeah, it's all Big Oil®'s fault Link to comment Share on other sites More sharing options...
OCinBuffalo Posted March 9, 2012 Share Posted March 9, 2012 (edited) Because Americans want their instant gratification now! Now!!! Now!!! Now!!! Now!!! Now!!! Now!!! Now!!! Is it time to vote for American Idol® yet? If we want instant gratification now.... ....then why does anyone care if we also drill? Drilling doesn't do anything to stifle any immediate solution. That's the most illogical part of this. Drilling doesn't stop algae or wind or solar power, or what have you. Oh, wait for it..... (idiot environtologist response) .....the subsidies of the oil companies means that wind power as an alternative....is being stifled. Drilling is not a new idea. Windmills aren't old ideas. Because I said so. Edited March 9, 2012 by OCinBuffalo Link to comment Share on other sites More sharing options...
3rdnlng Posted March 9, 2012 Share Posted March 9, 2012 This tells what they want: http://hotair.com/archives/2012/02/29/chu-to-congress-were-not-interested-in-lowering-gas-prices/ The government can, by setting policy, have a great deal of influence on the price of gasoline. Link to comment Share on other sites More sharing options...
/dev/null Posted March 9, 2012 Share Posted March 9, 2012 If we want instant gratification now.... ....then why does anyone care if we also drill? Because drilling requires waiting for the instant gratification Oh, wait for it..... American's don't like to wait Did Snooki have her baby yet? America doesn't want to wait til next season for a Jersey Shore Baptismal Link to comment Share on other sites More sharing options...
OCinBuffalo Posted March 9, 2012 Share Posted March 9, 2012 I don't mean to tip you off your greedy Big Oil® soap box but do yourself a favor and check out the increasing price of oil over time vs the decreasing value of the U$ Dollar over the same period. But yeah, it's all Big Oil®'s fault Oh, don't forget this part of that: "We need to raise the price of gas, towards the levels in Europe(which is $10), so that alternative energy APPEARS to be less expensive". - Energy Secretary Chu Yes, this is all about appearances. You are asking us to choose not paying $2.50-80 for gas, sot that instead we can choose between $8.00 for gas, and $9.00 for some alternative, which we will be ok with, because 9 is only a little bit more than 8? Is there anyone left to wonder how the policies these clowns keep pushing keep failing? The above quote is now #1 on my list. The "meaningful use" clause of Obamacare used to be #1. As if the word meaningful....is a standard, for anything. But Chu's irrationality is now #1. Link to comment Share on other sites More sharing options...
....lybob Posted March 9, 2012 Share Posted March 9, 2012 1. Oil is a global traded commodity thus more drilling in the US doesn't lower prices unless you either produced enough to lower world prices or treat it as a domestic resource and sell it to Americans at a price below world market prices - as do countries like Venezuela, Iran, Saudi Arabia, etc etc. What extra drilling does is create some employment and whatever royalties, taxes etc you can get out of it. 2. Comparisons to natural gas are not valid because natural gas is as now not a globally traded commodity (may change in the future) but a domestically and regionally traded commodity. With regards to oil prices the best thing Obama could do is tone down the war with Iran rhetoric and maybe rethink the sanctions against Iran's oil production, also since Saudi Arabia and Kuwait have cut oil production after promising to increase oil production he might think to call and say what the !@#$ is up with that. - with regards to gas prices (not the same thing as oil prices ) the most helpful thing would to be increasing refinery capacity or at least stop the decrease in refinery capacity, refinery bottlenecks probably contribute more to increases in gas prices than increased oil prices. Link to comment Share on other sites More sharing options...
OCinBuffalo Posted March 9, 2012 Share Posted March 9, 2012 (edited) 1. Oil is a global traded commodity thus more drilling in the US doesn't lower prices unless you either produced enough to lower world prices or treat it as a domestic resource and sell it to Americans at a price below world market prices - as do countries like Venezuela, Iran, Saudi Arabia, etc etc. What extra drilling does is create some employment and whatever royalties, taxes etc you can get out of it. 2. Comparisons to natural gas are not valid because natural gas is as now not a globally traded commodity (may change in the future) but a domestically and regionally traded commodity. With regards to oil prices the best thing Obama could do is tone down the war with Iran rhetoric and maybe rethink the sanctions against Iran's oil production, also since Saudi Arabia and Kuwait have cut oil production after promising to increase oil production he might think to call and say what the !@#$ is up with that. - with regards to gas prices (not the same thing as oil prices ) the most helpful thing would to be increasing refinery capacity or at least stop the decrease in refinery capacity, refinery bottlenecks probably contribute more to increases in gas prices than increased oil prices. You are dreaming if you think Obama will touch refining. Entire careers as the EPA have been based on having all these various blends of gasoline, and then regulating and fining people for not following the regulations. Yet another case of the bureaucracy expanding, to meet the needs of the expanding bureaucracy..... ....but you think Valerie Jarrett and the rest of these Government First people are going to do anything that cuts into the means and reason for the existence of their buddies? Dreaming. EDiT: Christ this new keyboard sucks ass. U Suck Ass! That was funny in the other thread. Edited March 9, 2012 by OCinBuffalo Link to comment Share on other sites More sharing options...
Bigfatbillsfan Posted March 9, 2012 Share Posted March 9, 2012 http://www.usatoday.com/money/economy/story/2012-03-08/gasoline-poll/53421786/1?loc=interstitialskip Talk about Entitlement, Americans obviously feel they are entitled to inexpensive gas to fuel their overleveraged, overspent lives..... Why do people here feel like gas should be less? Do they want Naitonalized Oil Companies and refineries? Heck, if I have a boat lead of the light sweet stuff, you bet your ass I am selling that stuff to the highest bidder... that's how Capitalism works... If you have some time, read the comments in the article... hilarious. I remember prior to 2008 when gas was $4 plus, people were pissed because Bush was not doing anything about gas prices... 4 years later, same circus different clown... American politics has become quite the entertainment... If they want the price to come down they better stop buying gas. This should have been entitelment menatlity :gasoline addition. Link to comment Share on other sites More sharing options...
Doc Posted March 9, 2012 Share Posted March 9, 2012 Liberal thinking is child-like thinking. No personal responsibility, everyone else should be the same, someone else will/should take care of them, thinking how things should be and not how they are, no thought to the future, etc. Link to comment Share on other sites More sharing options...
Magox Posted March 9, 2012 Share Posted March 9, 2012 (edited) 1. Oil is a global traded commodity thus more drilling in the US doesn't lower prices unless you either produced enough to lower world prices or treat it as a domestic resource and sell it to Americans at a price below world market prices - as do countries like Venezuela, Iran, Saudi Arabia, etc etc. What extra drilling does is create some employment and whatever royalties, taxes etc you can get out of it. 2. Comparisons to natural gas are not valid because natural gas is as now not a globally traded commodity (may change in the future) but a domestically and regionally traded commodity. With regards to oil prices the best thing Obama could do is tone down the war with Iran rhetoric and maybe rethink the sanctions against Iran's oil production, also since Saudi Arabia and Kuwait have cut oil production after promising to increase oil production he might think to call and say what the !@#$ is up with that. - with regards to gas prices (not the same thing as oil prices ) the most helpful thing would to be increasing refinery capacity or at least stop the decrease in refinery capacity, refinery bottlenecks probably contribute more to increases in gas prices than increased oil prices. You couldn't be further from the truth. Of course more oil drilling would reduce the price of oil over the mid to long-term. This isn't rocket science, If there are 85 Million barrels of Demand a day for oil and 88 Million barrels of Supply, then there will be a price determined by the market. If you have 85 Million barrels of demand a day and 89 Million barrels of supply a day , based on the same conditions the price will be lower. It's quite amazing to me to see the president attempt to ignore the laws of supply and demand, he really is saying that if you add to supply, that it won't affect prices. Who buys this ****? Edited March 9, 2012 by Magox Link to comment Share on other sites More sharing options...
OCinBuffalo Posted March 9, 2012 Share Posted March 9, 2012 You couldn't be further from the truth. Of course more oil drilling would reduce the price of oil over the mid to long-term. This isn't rocket science, If there are 85 Million barrels of Demand a day for oil and 88 Million barrels of Supply, then there will be a price determined by the market. If you have 85 Million barrels of demand a day and 89 Million barrels of supply a day , based on the same conditions the price will be lower. It's quite amazing to me to see the president attempt to ignore the laws of supply and demand, he really is saying that if you add to supply, that it won't affect prices. Who buys this ****? Isn't that obvious? List: 1. ...lybob 2. The second coming of BF(just waiting for the new version to provide the basis for another retatta level thread) 3. The 20% of America who is trying to tell the 80% of the rest of us how to live, what to buy, and of course, that we aren't as smart as they are. Hence, only they are capable of bending the laws of supply and demand in ways that you low-brains cannot conceive, such that they are not only above such laws, they exist on an entirely different plane. It's not that they ignore these laws, they simply don't feel the need to perceive them on their plane of existence, which, I assure you is a much more moral and compassionate one than yours. Link to comment Share on other sites More sharing options...
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