$6.00 a gallon for gas in Florida

[Too Tall]

if you understand supply and demand you understand that gas is directly tied to the price of oil. oil is also a commodity which is sold on the open markets and available for speculation. the GOP touts the free market system as the best system in the world. well this is a result of the free market system. if demand outpaces supply, prices increase. which is what is currently happening.

now you may say that its because Obama is limiting drilling on the north american shelf. this again is not true at all. Domestic drilling and oil production is at its highest level in history. the problem is that oil once again is a commodity and its price is set on the open market.

if the president were to unilaterally fix gas prices, then you could actually call him a socialist or a communist. since this is actually a part of the socialist / communist ideology. when the government control, fixes, or alters an industry unilaterally, it is in essence the definition of socialism / communism. if this is what the GOP/TP/Conservative want, its extremely hypocritical.

What I want is for American oil companies to drill on the North American shelf, ANWR, and every where else that has potential. Every dollar that we spend on oil coming from middle eastern countries that hate us is STUPID.

 

[KissMy]

Just celebrating lower gas prices

Aren't you?

This is the season when gas prices go higher, but we are near the election.

Don't tell me a president doesn't have some control on the price of gas.

An optional invasion and occupation of Iraq certainly drove them higher.

Idiot - Oil went down when we invaded Iraq! That lower oil price saved triple the cost of the Iraq war.

 

[Too Tall]

'The 5 biggest whoppers in Egobama's energy speech'

Investors Business Dailylistened to Egobama's energy speech so you didn't have to, and picked out the top 5 lies told by the president about his energy policy:

LIE: "We're focused on production."

Fact: Obama has chosen almost always to limit production. He canceled leases on federal lands in Utah, suspended them in Montana, delayed them in Colorado and Utah, and canceled lease sales off the Virginia coast.

LIE: "The U.S. consumes more than a fifth of the world's oil. But we only have 2% of the world's oil reserves."

In fact, the U.S. has a mind-boggling 1.4 trillion barrels of oil, enough to "fuel the present needs in the U.S. for around 250 years," according to the Institute for Energy Research. The problem is the government has put most of this supply off limits.

LIE: "Because of the investments we've made, the use of clean, renewable energy in this country has nearly doubled."

Fact: Production of renewable energy - biomass, wind, solar and the like - climbed just 12% between 2008 and 2011, according to the federal Energy Information Administration.

LIE: :We need to double-down on a clean energy industry that's never been more promising."

Fact: Renewable energy simply won't play an important role in the country's energy picture anytime soon, accounting for just 13% of U.S. energy production by 2035, according to the EIA.

LIE: "There are no short-term silver bullets when it comes to gas prices."

Fact: Obama could drive down oil prices right now simply by announcing a more aggressive effort to boost domestic supplies. When President Bush lifted a moratorium in 2008, oil prices immediately fell $9 a barrel.
'The 5 biggest whoppers in Egobama's energy speech'

Everything Invested Bigots Daily says is a whopper of a lie. Oil prices fell BEFORE Bush pretended to lift a moratorium that did not end a ban on offshore drilling as soon as the tension between Israel and Iran let up.

And we don't have 1.4 trillion barrels of oil, we have 1.4 trillion barrels of tar sands that cost so much to process into refine-able oil that the price of gas would skyrocket. If it could be refined profitably at todays prices they would be doing it already.

What planet do you live on?

CALGARY, Alberta, Oct 27 (Reuters) - Strong prices for oil sands-derived crude bolstered quarterly earnings at Imperial Oil Ltd , Cenovus Energy Inc and other Canadian energy producers, although snags elsewhere in their operations marred some of the results.

Imperial and Cenovus rose on Thursday after they reported third-quarter profits, with at least some of the stocks' gains attributed to a sharp jump in oil prices following an EU deal on Greek debt with private lenders.

Canadian Oil Sands Ltd , reported its quarterly results after market, but its shares also rose as oil prices jumped 4 percent to $93.96 a barrel, the highest closing price since early August.

The resource is Canada's most lucrative export, and already makes up a major part of U.S. oil supply as it competes with domestic oil and crude from the Middle East and elsewhere.

WRAPUP 2-Oil sands, prices bolster Canadian energy results | Reuters

 

[Too Tall]

With a quick Google, I discovered a few articles that discussed the relationship between the recent credit downgrade and the devaluation of the dollar. Can you believe that the two are related. Amazing.
And who was it that caused the credit downgrade? Thats right. Dems. Rethugs had nothing to do with that. LOL. (I just wanted to get that in before you even though we both know that what I said about just the Dems is not true)

It was not the Pres. I do remember people talking about what a negative effect the credit downgrade could have on energy prices and other goods.

But the fact remains that oil companies will soon be reporting record second quarter profits and I don't understand why Repugs are not celebrating this. And saying thanks to the Gods that made all that profit possible.

Why are the rethugs not celebrating the free market? Do you want the guvmint to "fix" prices. Of course not. Do you need something to bang on the Pres about? Of course so.

So there you have it. Rain stopped. Back to work.

The downgrade happened on Obama's watch and he gets the blame.

Credit rating agency Standard & Poor's on Friday lowered the nation's AAA rating for the first time since granting it in 1917. The move came less than a week after a gridlocked Congress finally agreed to spending cuts that would reduce the debt by more than $2 trillion -- a tumultuous process that contributed to convulsions in financial markets. The promised cuts were not enough to satisfy S&P.

Read more: U.S. Loses AAA Credit Rating From S&P | Fox News

 

[francoHFW]

With a quick Google, I discovered a few articles that discussed the relationship between the recent credit downgrade and the devaluation of the dollar. Can you believe that the two are related. Amazing.
And who was it that caused the credit downgrade? Thats right. Dems. Rethugs had nothing to do with that. LOL. (I just wanted to get that in before you even though we both know that what I said about just the Dems is not true)

It was not the Pres. I do remember people talking about what a negative effect the credit downgrade could have on energy prices and other goods.

But the fact remains that oil companies will soon be reporting record second quarter profits and I don't understand why Repugs are not celebrating this. And saying thanks to the Gods that made all that profit possible.

Why are the rethugs not celebrating the free market? Do you want the guvmint to "fix" prices. Of course not. Do you need something to bang on the Pres about? Of course so.

So there you have it. Rain stopped. Back to work.

The downgrade happened on Obama's watch and he gets the blame.

Credit rating agency Standard & Poor's on Friday lowered the nation's AAA rating for the first time since granting it in 1917. The move came less than a week after a gridlocked Congress finally agreed to spending cuts that would reduce the debt by more than $2 trillion -- a tumultuous process that contributed to convulsions in financial markets. The promised cuts were not enough to satisfy S&P.

Read more: U.S. Loses AAA Credit Rating From S&P | Fox News

Ridiculous, Foxbot- even S+P said it was disfunction, ie making the debt ceiling a political football by the "no compromise, un-American Tea Party GOP" (TIME).

 

[Dick Tuck]

This is the season when gas prices go higher, but we are near the election.

Don't tell me a president doesn't have some control on the price of gas.

An optional invasion and occupation of Iraq certainly drove them higher.

Idiot - Oil went down when we invaded Iraq! That lower oil price saved triple the cost of the Iraq war.

You're a pathetic liar.

 

[bigrebnc1775]

An optional invasion and occupation of Iraq certainly drove them higher.

Idiot - Oil went down when we invaded Iraq! That lower oil price saved triple the cost of the Iraq war.

You're a pathetic liar.

No he's not but you on the other hand that's a different story.

 

[bigrebnc1775]

'The 5 biggest whoppers in Egobama's energy speech'

Investors Business Dailylistened to Egobama's energy speech so you didn't have to, and picked out the top 5 lies told by the president about his energy policy:

LIE: "We're focused on production."

Fact: Obama has chosen almost always to limit production. He canceled leases on federal lands in Utah, suspended them in Montana, delayed them in Colorado and Utah, and canceled lease sales off the Virginia coast.

LIE: "The U.S. consumes more than a fifth of the world's oil. But we only have 2% of the world's oil reserves."

In fact, the U.S. has a mind-boggling 1.4 trillion barrels of oil, enough to "fuel the present needs in the U.S. for around 250 years," according to the Institute for Energy Research. The problem is the government has put most of this supply off limits.

LIE: "Because of the investments we've made, the use of clean, renewable energy in this country has nearly doubled."

Fact: Production of renewable energy - biomass, wind, solar and the like - climbed just 12% between 2008 and 2011, according to the federal Energy Information Administration.

LIE: :We need to double-down on a clean energy industry that's never been more promising."

Fact: Renewable energy simply won't play an important role in the country's energy picture anytime soon, accounting for just 13% of U.S. energy production by 2035, according to the EIA.

LIE: "There are no short-term silver bullets when it comes to gas prices."

Fact: Obama could drive down oil prices right now simply by announcing a more aggressive effort to boost domestic supplies. When President Bush lifted a moratorium in 2008, oil prices immediately fell $9 a barrel.
'The 5 biggest whoppers in Egobama's energy speech'

Everything Invested Bigots Daily says is a whopper of a lie. Oil prices fell BEFORE Bush pretended to lift a moratorium that did not end a ban on offshore drilling as soon as the tension between Israel and Iran let up.

And we don't have 1.4 trillion barrels of oil, we have 1.4 trillion barrels of tar sands that cost so much to process into refine-able oil that the price of gas would skyrocket. If it could be refined profitably at todays prices they would be doing it already.

liar.

 

[bigrebnc1775]

How could that possibly be?

It would take ten years for those leases to come to market

Bush lifts ban
Bush lifts executive ban on offshore oil drilling - CNN

Gas prices July 2008 before the offshore drilling ban was lifted 4.11
Average gas prices

Aug 2008 $3.74
Average gas prices--August 18, 2008

Now you were saying?

Wow, that's right. Now what happened in August, 2008? Oh yeah, Bush crashed the economy. Was that why he decided to do it?

Dumb ass the price of gas dropped in Aug and kept dropping through November all because George Bush lifted the offshore drilling ban.

 

[Dick Tuck]

Idiot - Oil went down when we invaded Iraq! That lower oil price saved triple the cost of the Iraq war.

You're a pathetic liar.

No he's not but you on the other hand that's a different story.

He claimed that oil prices went down when we invaded Iraq. That's a lie. The fact that you don't know that KissMy is a liar makes you either a moron or a liar.

 

[bigrebnc1775]

You do know that offshore drilling was still banned by the STATES, don't you? Of course you do!!!
And you do know the price spiked because of threats that Israel was going to attack Iran just like today, don't you? Of course you do!!!
So if you really wanted to blame those responsible for the high oil prices you would blame the speculators acting on Israel's threats.

Shut the fuck up. Bush lift the presidential offshore drilling ban and gas prices came down. I have presented the facts. argue with them.

And when obama nixed the pipeline, the price here went from $3.17 to $3,34 in a week.

Yes it did but you can't tell the wing nuts that.

 

[Dick Tuck]

Bush lifts ban
Bush lifts executive ban on offshore oil drilling - CNN

Gas prices July 2008 before the offshore drilling ban was lifted 4.11
Average gas prices

Aug 2008 $3.74
Average gas prices--August 18, 2008

Now you were saying?

Wow, that's right. Now what happened in August, 2008? Oh yeah, Bush crashed the economy. Was that why he decided to do it?

Dumb ass the price of gas dropped in Aug and kept dropping through November all because George Bush lifted the offshore drilling ban.

You're a complete idiot. Oil prices went through the floor because we were sent into the greatest recession since the Great Depression. What a tool you are.

 

[ecinicola]

here in Daytona Beach it is 369 a gallon.

 

[KissMy]

Hey DickSuck. Here is your new avitar

The war dropped oil prices by 1/3rd. Over the 8 year war period that could of saved us triple the cost of the war. As soon as we pulled our troops out of Iraq on December 31, 2011 gas prices shot up 25%.

When we invaded Iraq oil price dropped 33%. That 33% drop in price times our USA annual 7.6 billion barrel oil consumption saved us $366 billion a year. Over the 8 years of the Iraq war total could be $2.9 trillion. So take out the ~$1 trillion cost of the Iraq war & we may be $1.9 trillion in the black.

Oil prices crashed 33% from $40 down to $27 after we invaded Iraq in March 2003.

As soon as we pulled our troops out of Iraq on December 31, 2011 gas prices shot up 25%.

 

[Dick Tuck]

Hey DickSuck. Here is your new avitar

The war dropped oil prices by 1/3rd. Over the 8 year war period that could of saved us triple the cost of the war. As soon as we pulled our troops out of Iraq on December 31, 2011 gas prices shot up 25%.

When we invaded Iraq oil price dropped 33%. That 33% drop in price times our USA annual 7.6 billion barrel oil consumption saved us $366 billion a year. Over the 8 years of the Iraq war total could be $2.9 trillion. So take out the ~$1 trillion cost of the Iraq war & we may be $1.9 trillion in the black.

Oil prices crashed 33% from $40 down to $27 after we invaded Iraq in March 2003.

As soon as we pulled our troops out of Iraq on December 31, 2011 gas prices shot up 25%.

So you're claiming the war only lasted a month? You're one dumb fuck.

 

[bigrebnc1775]

Wow, that's right. Now what happened in August, 2008? Oh yeah, Bush crashed the economy. Was that why he decided to do it?

Dumb ass the price of gas dropped in Aug and kept dropping through November all because George Bush lifted the offshore drilling ban.

You're a complete idiot. Oil prices went through the floor because we were sent into the greatest recession since the Great Depression. What a tool you are.

gas prices dropped when bush lifted the off shore drilling ban. it's just that simple Gas was going up and drop almost over night with the lifting of the ban.
OH and in a recession things are not cheap prices do not drop they go up.

 

[Dick Tuck]

The Oil “Price Rise” Factor in the Iraq War:
A Macroeconomic Assessment

The war on Iraq was undoubtedly about oil. Since the war began, oil
prices have gone from about $25/barrel at the outset to more than
$139/barrel in June 2008. This paper will assess the global
macroeconomic costs resulting from the steep rise in the oil price and
the impact on the global oil production capacity.**

 

[Dick Tuck]

Dumb ass the price of gas dropped in Aug and kept dropping through November all because George Bush lifted the offshore drilling ban.

You're a complete idiot. Oil prices went through the floor because we were sent into the greatest recession since the Great Depression. What a tool you are.

gas prices dropped when bush lifted the off shore drilling ban. it's just that simple Gas was going up and drop almost over night with the lifting of the ban.
OH and in a recession things are not cheap prices do not drop they go up.

If that were the case moron, the increased production under Obama would have resulted in lower prices. You're quite a tool.

 

[bigrebnc1775]

The Oil “Price Rise” Factor in the Iraq War:
A Macroeconomic Assessment

The war on Iraq was undoubtedly about oil. Since the war began, oil
prices have gone from about $25/barrel at the outset to more than
$139/barrel in June 2008. This paper will assess the global
macroeconomic costs resulting from the steep rise in the oil price and
the impact on the global oil production capacity.**

The idiot is part of the world bank he's part of the problem we have now.
Profiles - Mamdouh G. Salameh

 

[bigrebnc1775]

You're a complete idiot. Oil prices went through the floor because we were sent into the greatest recession since the Great Depression. What a tool you are.

gas prices dropped when bush lifted the off shore drilling ban. it's just that simple Gas was going up and drop almost over night with the lifting of the ban.
OH and in a recession things are not cheap prices do not drop they go up.

If that were the case moron, the increased production under Obama would have resulted in lower prices. You're quite a tool.

No obama reinstated the ban and stopped the keystone pipeline.