PastaJoe Posted May 31, 2012 Share Posted May 31, 2012 I always thought there was little any president could do to affect gas prices. But back in March, Republican Senator John Barrasso of Wyoming declared that Obama was "fully responsible for what the American public is paying for gasoline.” So I stand corrected. And given this new fact, it would only be fair that those that criticized the President when prices rose, now thank him for the lower prices. To do otherwise would be hypocritical, and that's not the "AmerCIAn" way. So feel free to leave your thanks below. Link to comment Share on other sites More sharing options...
Taro T Posted May 31, 2012 Share Posted May 31, 2012 I always thought there was little any president could do to affect gas prices. But back in March, Republican Senator John Barrasso of Wyoming declared that Obama was "fully responsible for what the American public is paying for gasoline.” So I stand corrected. And given this new fact, it would only be fair that those that criticized the President when prices rose, now thank him for the lower prices. To do otherwise would be hypocritical, and that's not the "AmerCIAn" way. So feel free to leave your thanks below. Wow. Dellapelle back. Nozzlenut back. conner back. Now Pasta Joe back. Can pbills be far behind? Any possibility we could make a trade for Kelly or Coli coming back instead? Link to comment Share on other sites More sharing options...
B-Man Posted June 1, 2012 Share Posted June 1, 2012 I always thought there was little any president could do to affect gas prices. But back in March, Republican Senator John Barrasso of Wyoming declared that Obama was "fully responsible for what the American public is paying for gasoline.” So I stand corrected. And given this new fact, it would only be fair that those that criticized the President when prices rose, now thank him for the lower prices. To do otherwise would be hypocritical, and that's not the "AmerCIAn" way. So feel free to leave your thanks below. I fully realize that this is a call out thread by a dolt, I am surmising that you are a dolt, because only a dolt would start a thread trying to capitalize on the drop of the price in gas by a few nickels, when it is still significantly higher than when Obama took office in 2008. If you started a thread when it actually dropped, than you might have a point (other than the one on your head) . Link to comment Share on other sites More sharing options...
boyst Posted June 1, 2012 Share Posted June 1, 2012 Who do I thank for diesel prices then? Link to comment Share on other sites More sharing options...
3rdnlng Posted June 1, 2012 Share Posted June 1, 2012 (edited) I fully realize that this is a call out thread by a dolt, I am surmising that you are a dolt, because only a dolt would start a thread trying to capitalize on the drop of the price in gas by a few nickels, when it is still significantly higher than when Obama took office in 2008. If you started a thread when it actually dropped, than you might have a point (other than the one on your head) . The recent drop in gas prices is because of the poor economy worldwide and the speculators expecting Europe to go into an even bigger funk. Obama's overall policies are bad for gasoline prices long-term. His claim that we are drilling more now than ever in the past, and taking credit for it is bogus. We are drilling less on federal lands, while it is up on state and private lands. His claim that we are using 20% of the worlds oil while producing only 2% is also bogus. Also his claim that we only have 2% of the world's oil reserves is a third bogus claim. We've had 20,000,000,000 barrels of reserves since 1946. "Proven oil reserves" are: "Proved reserves Although there is no single, commonly accepted technical definition of proved reserves, a commonly used description is as follows: "the estimated quantities of oil which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under current economic and operating conditions". .A probability cut-off of 90% is sometimes used to define proved reserves, ie the proved reserves of a field are defined as having a better than 90% chance of being produced over the life of the field. In this sense, proved reserves are a conservative estimate of future cumulative production from a field. .Even taken together, proved, probable and possible reserves are only a proportion of oil in place since it is impossible to recover all of the oil and gas present in a given reservoir. .The ratio of reserves to oil in place for a given field is often referred to as the recovery factor. The recovery factor of a field may change over time based on operating history and in response to changes in technology and field economics. The recovery factor may also rise over time if additional investment is made in secondary recovery techniques such as gas injection or water-flooding that augment the natural pressures within a given reservoir. .There is an observed tendency for recovery factors to rise over time: another aspect of reserves growth and a major factor behind increases over time in estimates of ultimate recoverable resource made by organisations such as the US Geological Survey." From BP Website. We have much, much more. Edited June 1, 2012 by 3rdnlng Link to comment Share on other sites More sharing options...
/dev/null Posted June 1, 2012 Share Posted June 1, 2012 Let's thank him for lowering the unemployment rate too Link to comment Share on other sites More sharing options...
3rdnlng Posted June 1, 2012 Share Posted June 1, 2012 Let's thank him for lowering the unemployment rate too Since a schitty economy lowers fuel costs, Pasta Joe might have a point. Link to comment Share on other sites More sharing options...
IDBillzFan Posted June 1, 2012 Share Posted June 1, 2012 Thanking Barack Obama for the "low" gas prices is like thanking him for the "low" unemployment rate. Link to comment Share on other sites More sharing options...
Doc Posted June 1, 2012 Share Posted June 1, 2012 I guess we can thank him for the poor US economy, which is affecting worldwide economies, which is helping to lower gas prices. Yeah, Barry! Link to comment Share on other sites More sharing options...
Nanker Posted June 1, 2012 Share Posted June 1, 2012 Let's not forget to thank him for giving us Ben BernYankMe's QE, QEII, and QEIII. Now our money's worth less than it was when he took over everything is cheaper. Yeah BO! Here's to you. Here's to you getting your ass handed to you this November. And we can look forward to Pasta Joe's next post here on the first Wednesday in November when he'll show up demanding to know where the jobs are that Romney promised and why he hasn't produced them yet. Link to comment Share on other sites More sharing options...
fjl2nd Posted June 1, 2012 Share Posted June 1, 2012 Let's not forget to thank him for giving us Ben BernYankMe's QE, QEII, and QEIII. Now our money's worth less than it was when he took over everything is cheaper. Yeah BO! Here's to you. Here's to you getting your ass handed to you this November. And we can look forward to Pasta Joe's next post here on the first Wednesday in November when he'll show up demanding to know where the jobs are that Romney promised and why he hasn't produced them yet. This post is bad. QE3 never happened. And inflation has been rather low. A lot of hot air here... Link to comment Share on other sites More sharing options...
Jim in Anchorage Posted June 1, 2012 Share Posted June 1, 2012 (edited) The recent drop in gas prices is because of the poor economy worldwide and the speculators expecting Europe to go into an even bigger funk. Obama's overall policies are bad for gasoline prices long-term. His claim that we are drilling more now than ever in the past, and taking credit for it is bogus. We are drilling less on federal lands, while it is up on state and private lands. His claim that we are using 20% of the worlds oil while producing only 2% is also bogus. Also his claim that we only have 2% of the world's oil reserves is a third bogus claim. We've had 20,000,000,000 barrels of reserves since 1946. "Proven oil reserves" are: "Proved reserves Although there is no single, commonly accepted technical definition of proved reserves, a commonly used description is as follows: "the estimated quantities of oil which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under current economic and operating conditions". .A probability cut-off of 90% is sometimes used to define proved reserves, ie the proved reserves of a field are defined as having a better than 90% chance of being produced over the life of the field. In this sense, proved reserves are a conservative estimate of future cumulative production from a field. .Even taken together, proved, probable and possible reserves are only a proportion of oil in place since it is impossible to recover all of the oil and gas present in a given reservoir. .The ratio of reserves to oil in place for a given field is often referred to as the recovery factor. The recovery factor of a field may change over time based on operating history and in response to changes in technology and field economics. The recovery factor may also rise over time if additional investment is made in secondary recovery techniques such as gas injection or water-flooding that augment the natural pressures within a given reservoir. .There is an observed tendency for recovery factors to rise over time: another aspect of reserves growth and a major factor behind increases over time in estimates of ultimate recoverable resource made by organisations such as the US Geological Survey." From BP Website. We have much, much more. But that will cause earthquakes!! [lybob, or any candy ass liberal you care to name.] Edited June 1, 2012 by Jim in Anchorage Link to comment Share on other sites More sharing options...
3rdnlng Posted June 1, 2012 Share Posted June 1, 2012 But that will cause earthquakes!! [lybob, or any candy ass liberal you care to name.] But Obama is proud of his record oil drilling. Of course he couldn't prevent it on state and private lands as he is on federal lands. Link to comment Share on other sites More sharing options...
Nanker Posted June 1, 2012 Share Posted June 1, 2012 This post is bad. QE3 never happened. And inflation has been rather low. A lot of hot air here... I know - it doesn't matter that it's not true. I'll never admit it though. I'm just going to keep repeating it and it will become true. Chapter 5 Verse 27, The Obama/Alinsky Playbook. Link to comment Share on other sites More sharing options...
3rdnlng Posted June 1, 2012 Share Posted June 1, 2012 (edited) We need to sacrifice: http://www.allamericanblogger.com/21782/report-obama-flies-chicago-barber-to-dc-to-cut-his-hair/ Flying in his barber from Chicago 2-3 times a month? Edited June 1, 2012 by 3rdnlng Link to comment Share on other sites More sharing options...
/dev/null Posted June 1, 2012 Share Posted June 1, 2012 This post is bad. Pot meet kettle QE3 never happened. That's kind of twisting the truth. And inflation has been rather low. Been to the grocery store lately A lot of hot air here... At first I thought you farted, but then I realized you were just talking out your @$$ Link to comment Share on other sites More sharing options...
Jim in Anchorage Posted June 1, 2012 Share Posted June 1, 2012 But Obama is proud of his record oil drilling. Of course he couldn't prevent it on state and private lands as he is on federal lands. We need to examine this. Was not North Dakota ruined by oil? To many workers making good money on the oil patch. Housing shortage, lots of people with money looking for a place to stay. That's bad? Oh it will cause earthquakes. Link to comment Share on other sites More sharing options...
Just Jack Posted June 1, 2012 Share Posted June 1, 2012 Thanking Barack Obama for the "low" gas prices is like thanking him for the "low" unemployment rate. Low unemployment? Where's my job then? Link to comment Share on other sites More sharing options...
B-Man Posted June 1, 2012 Share Posted June 1, 2012 Low unemployment? Where's my job then? Well, even with the tortured Administtration accounting the Unemployment rate has gone back up to 8.2% . Link to comment Share on other sites More sharing options...
IDBillzFan Posted June 1, 2012 Share Posted June 1, 2012 Well, even with the tortured Administtration accounting the Unemployment rate has gone back up to 8.2% . Let's all thank President Obama. It could have been worse. Obama/Biden '12: Rope and Chains. Link to comment Share on other sites More sharing options...
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