Tiberius Posted December 25, 2014 Share Posted December 25, 2014 Great article on how this is all playing out around the world. http://www.nytimes.com/2014/12/25/world/europe/oils-swift-fall-raises-fortunes-of-us-abroad.html?hp&action=click&pgtype=Homepage&module=first-column-region®ion=top-news&WT.nav=top-news Link to comment Share on other sites More sharing options...
3rdnlng Posted December 26, 2014 Share Posted December 26, 2014 The article was a reasonable take on the situation. Your thread title leaves a little bit to be desired though. This is no revolution in oil prices. Historically they are still high. I've been saying here (and elsewhere) for years that our best economic and geopolitical tools were our energy resources. If we can continue to flood the market we can make our present foes our future bitches. I have no problem with Putin led Russia, Iran and Venezuela attaining that status. Drill baby, drill. Link to comment Share on other sites More sharing options...
Tiberius Posted December 26, 2014 Author Share Posted December 26, 2014 The article was a reasonable take on the situation. Your thread title leaves a little bit to be desired though. This is no revolution in oil prices. Historically they are still high. I've been saying here (and elsewhere) for years that our best economic and geopolitical tools were our energy resources. If we can continue to flood the market we can make our present foes our future bitches. I have no problem with Putin led Russia, Iran and Venezuela attaining that status. Drill baby, drill. People will remember it as the Obama Economic miracle! Link to comment Share on other sites More sharing options...
Chef Jim Posted December 26, 2014 Share Posted December 26, 2014 People will remember it as the Obama Economic miracle! Yes because it would be a miracle if he had anything to do with it. Link to comment Share on other sites More sharing options...
\GoBillsInDallas/ Posted December 26, 2014 Share Posted December 26, 2014 People will remember it as the Obama Economic miracle! So basically, it was a miracle that it took 6 years for gas prices to fall to a level not seen since the Bush 43 presidency. Link to comment Share on other sites More sharing options...
DC Tom Posted December 26, 2014 Share Posted December 26, 2014 So basically, it was a miracle that it took 6 years for gas prices to fall to a level not seen since the Bush 43 presidency. Brought to you by the same people that think job growth is excellent when unemployment and labor participation is higher than the Bush 43 "jobless" recovery. Link to comment Share on other sites More sharing options...
Tiberius Posted December 26, 2014 Author Share Posted December 26, 2014 So basically, it was a miracle that it took 6 years for gas prices to fall to a level not seen since the Bush 43 presidency. You mean during the economic disaster he left us in when gas consumptions was way down! Stick to simply posting links with no comments, you are way better at that Yes because it would be a miracle if he had anything to do with it. Hey the "liberal" media seems to have run with Reagan's "miracle" when he had little to do with it, so why not Brought to you by the same people that think job growth is excellent when unemployment and labor participation is higher than the Bush 43 "jobless" recovery. Yes, because its "growth" dingbat, as in growth away from 43's economic miracle of a near depression. Bush left this country a mess, you hard core Bushbot's seem to want to forget how bad he really was and want to blame the guy that had to clean up the mess Link to comment Share on other sites More sharing options...
Chef Jim Posted December 26, 2014 Share Posted December 26, 2014 You mean during the economic disaster he left us in when gas consumptions was way down! Stick to simply posting links with no comments, you are way better at that Hey the "liberal" media seems to have run with Reagan's "miracle" when he had little to do with it, so why not Yes, because its "growth" dingbat, as in growth away from 43's economic miracle of a near depression. Bush left this country a mess, you hard core Bushbot's seem to want to forget how bad he really was and want to blame the guy that had to clean up the mess So how did Bush cause the near depression? Link to comment Share on other sites More sharing options...
\GoBillsInDallas/ Posted December 26, 2014 Share Posted December 26, 2014 You mean during the economic disaster he left us in when gas consumptions was way down! Stick to simply posting links with no comments, you are way better at that You should stick to pretending that women are interested in you. Link to comment Share on other sites More sharing options...
meazza Posted December 26, 2014 Share Posted December 26, 2014 You should stick to pretending that women are interested in you. That's like the first time you ever posted a comment Link to comment Share on other sites More sharing options...
Tiberius Posted December 26, 2014 Author Share Posted December 26, 2014 So how did Bush cause the near depression? You don't follow very well, do you? You should stick to pretending that women are interested in you. Like I said, stick to cut and paste. And especially don't make statements about which you know nothing about. That's like the first time you ever posted a comment So true! And its a gator-bash. Boo! Link to comment Share on other sites More sharing options...
/dev/null Posted December 27, 2014 Share Posted December 27, 2014 So how did Bush cause the near depression? because CheneyHaliburtonPalinPartyOfNoWarOnWomenAR15lalalalalalalalaicanthearyou Link to comment Share on other sites More sharing options...
Nanker Posted December 27, 2014 Share Posted December 27, 2014 Thank you Richard Nixon for the Apollo moon landings! The absolute zenith of America's exceptionalism. Link to comment Share on other sites More sharing options...
3rdnlng Posted December 27, 2014 Share Posted December 27, 2014 Can anyone name what policies that Obama championed that led to an abundance of available fossil fuels? Was it his stance on the Keystone Pipeline? How about exploring/drilling on federal lands? How about offshore drilling? Does the general reduction in fuel costs fly in the face of his desire to see $10 a gallon gasoline? If so, does this mean he has failed again? Thank you Richard Nixon for the Apollo moon landings! The absolute zenith of America's exceptionalism. It doesn't compare to Harry Truman's defeat of the Axis powers. Link to comment Share on other sites More sharing options...
Doc Posted December 27, 2014 Share Posted December 27, 2014 Barry's first energy secretary, Steven Chu, said he wanted higher gas prices, like at the level of Europe. Barry's got nothing to do with the oil prices we're seeing. Link to comment Share on other sites More sharing options...
Nanker Posted December 27, 2014 Share Posted December 27, 2014 Can anyone name what policies that Obama championed that led to an abundance of available fossil fuels? Was it his stance on the Keystone Pipeline? How about exploring/drilling on federal lands? How about offshore drilling? Does the general reduction in fuel costs fly in the face of his desire to see $10 a gallon gasoline? If so, does this mean he has failed again? It doesn't compare to Harry Truman's defeat of the Axis powers. And who can forget President Andrew Johnson's defeating the Confederacy? That ranks right up there too. Link to comment Share on other sites More sharing options...
3rdnlng Posted December 27, 2014 Share Posted December 27, 2014 Barry's first energy secretary, Steven Chu, said he wanted higher gas prices, like at the level of Europe. Barry's got nothing to do with the oil prices we're seeing. Some here call the reduction in energy costs the "Obama economic miracle". How can he be given credit for that when his stated goal was to raise gasoline prices here in the USA by 500% of what they were when he took office? I would think that the "miracle" is the lower energy costs in spite of his efforts to raise them to European levels by restricting exploration and drilling where he could, and vowing to "bankrupt the coal industry". It's telling that private industry has been the catalyst for what little economic hope we see, while Obama's schemes to boost the economy (ie. payback to his donors) such as "cash for clunkers" have done nothing but add debt. Link to comment Share on other sites More sharing options...
B-Large Posted December 27, 2014 Share Posted December 27, 2014 For me, Obama's tough rhetoric toward oil and gas regulation was simple that, and very high prices caused oil and gas companies to invest in new projects and exploratory activities... That and I'd bet the tech of reaching and retrieving has come a long was in a decade. Did his policies create an environment for upscaled production? Ironically, yes, by not pursuing them. Sometimes in government we know not doing something is often as good as doing something. Link to comment Share on other sites More sharing options...
/dev/null Posted December 27, 2014 Share Posted December 27, 2014 (edited) Thank you Richard Nixon for the Apollo moon landings! The absolute zenith of America's exceptionalism. It doesn't compare to Harry Truman's defeat of the Axis powers. How about George HW Bush tearing down the Berlin Wall? Edited December 27, 2014 by /dev/null Link to comment Share on other sites More sharing options...
Doc Posted December 28, 2014 Share Posted December 28, 2014 For me, Obama's tough rhetoric toward oil and gas regulation was simple that, and very high prices caused oil and gas companies to invest in new projects and exploratory activities... That and I'd bet the tech of reaching and retrieving has come a long was in a decade. Did his policies create an environment for upscaled production? Ironically, yes, by not pursuing them. Sometimes in government we know not doing something is often as good as doing something. I doubt his policies had much to do with what oil companies were already looking to do anyway. Never mind that oil prices are dropping because the dollar is strengthening and Saudi Arabia is dumping oil into the market. Link to comment Share on other sites More sharing options...
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