Gas prices, thank you President Obama!

[Redfish]

a barrel of oil was $24 in 2000

three factors between then and now-------supply, demand, and inflation.

There has been no inflation, dope.

liar

Current US Inflation Rates: 2004-2014 | US Inflation Calculator

 

[Redfish]

You do realize that congress cannot pass a law that changes the laws of physics or invents technology that doesn't exist, right? You seem to have this false impression that congress passing a law is like waving a magic wand. It doesn't work that way.

But they could take that $4 billion that they GIVE to oil companies each year and GIVE it back to the American people in the form of rebates for going solar/hybrid/wind.

They could enlarge and expand it by making those huge corporations actually pay their taxes.

WHAT F...king $4 billion does the GOVERNMENT GIVE to OIL Companies???
Where do you get such stupidity???
The government gives NO such money to oil companies!

PROVE your stupid ass statement!

liberals do not understand what the word "give" means.

but they are talking about tax credits for exploration and development--------provisions put in the tax code by DEMOCRATS.

 

[healthmyths]

Obama signed fewer leases and gas prices are lower! Dude deserves more kudo's than I thought.

DUDE !!! that's because:
In fiscal year 2010, 36 percent of our nation’s oil production took place on federal lands.
36%!!! 2010 OIL production from Federal lands!

Due to Obama Administration policies, by 2013,
only 23 percent of our nation’s oil production took place on federal lands.

Production on non-Federal lands, in contrast, is skyrocketing as hydraulic fracturing and horizontal drilling
have increased production dramatically.
Oil production on non-Federal lands increased by 21 percent in fiscal year 2013 from fiscal year
2012 levels—an increase of almost one million barrels per day.

Think what your prices would be IF the idiot in chief signed MORE leases and put more oil production on Federal land in play?
But of course THAT's so complicated for idiots and DUDES like you to comprehend!
IDIOT!

I comprehend that gas prices are dropping even WITHOUT raping additional federal lands.

Thanks again, Obama!

YOU idiot! Once again idiots like you have NO comprehension about how oil production works as you are as dumb as Obama!

Where are YOUR facts that oil production RAPES additional federal lands???


PROVE it you idiot!

 

[Siete]

maybe the oil dopes will believe some other dope ..

Oil Futures Spill; U.S. Supply Expected to Climb | Fox Business


apparently RW's are too DUMB to understand THE FUTURES MARKET

 

[Warrior102]

Gas prices under Nixon - .32/cents a gallon.
Thank You President Nixon !!!!

 

[Ravi]

DUDE !!! that's because:
In fiscal year 2010, 36 percent of our nation’s oil production took place on federal lands.
36%!!! 2010 OIL production from Federal lands!

Due to Obama Administration policies, by 2013,
only 23 percent of our nation’s oil production took place on federal lands.

Production on non-Federal lands, in contrast, is skyrocketing as hydraulic fracturing and horizontal drilling
have increased production dramatically.
Oil production on non-Federal lands increased by 21 percent in fiscal year 2013 from fiscal year
2012 levels—an increase of almost one million barrels per day.

Think what your prices would be IF the idiot in chief signed MORE leases and put more oil production on Federal land in play?
But of course THAT's so complicated for idiots and DUDES like you to comprehend!
IDIOT!

I comprehend that gas prices are dropping even WITHOUT raping additional federal lands.

Thanks again, Obama!

YOU idiot! Once again idiots like you have NO comprehension about how oil production works as you are as dumb as Obama!

Where are YOUR facts that oil production RAPES additional federal lands???


PROVE it you idiot!

 

[Siete]

NOTHING, AND I MEAN NOTHING will ever convince the idiot RW's what controls the price of oil and associated gasoline .. they are beyond dumb.

 

[RoshawnMarkwees]

NOTHING, AND I MEAN NOTHING will ever convince the idiot RW's what controls the price of oil and associated gasoline .. they are beyond dumb.

Speak for yourself. It's a speculative, supply and demand commodity market. When policy directly affects supply so goes the price. obama's squeeze-down on supply has kept prices unnecessarily high and that ripples through every facet of the economy. Just like in 1973, 1979, 1991 and especially since 2002 when the Indian and Chinese economies expanded and supply was denied the opportunity to keep up thanks to the green agenda. Obama's reimplementation of drilling restrictions in the name of the green agenda has kept our economy in the hole. And stupid democrats perpetuate that problem with their votes.

 

[Siete]

NOTHING, AND I MEAN NOTHING will ever convince the idiot RW's what controls the price of oil and associated gasoline .. they are beyond dumb.

Speak for yourself. It's a speculative, supply and demand commodity market. When policy directly affects supply so goes the price. obama's squeeze-down on supply has kept prices unnecessarily high and that ripples through every facet of the economy. Just like in 1973, 1979, 1991 and especially since 2002 when the Indian and Chinese economies expanded and supply was denied the opportunity to keep up thanks to the green agenda. Obama's reimplementation of drilling restrictions in the name of the green agenda has kept our economy in the hole. And stupid democrats perpetuate that problem with their votes.

and Bush lowered the price of a barrel of oil $100 because he opened up deep water drilling ... you're AN IDIOT

 

[RoshawnMarkwees]

NOTHING, AND I MEAN NOTHING will ever convince the idiot RW's what controls the price of oil and associated gasoline .. they are beyond dumb.

Speak for yourself. It's a speculative, supply and demand commodity market. When policy directly affects supply so goes the price. obama's squeeze-down on supply has kept prices unnecessarily high and that ripples through every facet of the economy. Just like in 1973, 1979, 1991 and especially since 2002 when the Indian and Chinese economies expanded and supply was denied the opportunity to keep up thanks to the green agenda. Obama's reimplementation of drilling restrictions in the name of the green agenda has kept our economy in the hole. And stupid democrats perpetuate that problem with their votes.

and Bush lowered the price of a barrel of oil $100 because he opened up deep water drilling ... you're AN IDIOT

Congress had to acquiesce for that to happen. IDIOT! Funny how you fail to mention oil increasing so much due to obama's denial of potential drilling offshore.

 

[Siete]

Speak for yourself. It's a speculative, supply and demand commodity market. When policy directly affects supply so goes the price. obama's squeeze-down on supply has kept prices unnecessarily high and that ripples through every facet of the economy. Just like in 1973, 1979, 1991 and especially since 2002 when the Indian and Chinese economies expanded and supply was denied the opportunity to keep up thanks to the green agenda. Obama's reimplementation of drilling restrictions in the name of the green agenda has kept our economy in the hole. And stupid democrats perpetuate that problem with their votes.

and Bush lowered the price of a barrel of oil $100 because he opened up deep water drilling ... you're AN IDIOT

Congress had to acquiesce for that to happen. IDIOT! Funny how you fail to mention oil increasing so much due to obama's denial of potential drilling offshore.

post#25 on this thread you IDIOT!

I've been trying to explain the Futures market ever since post # 29 on this thread... you IDIOT.

you're too dumb for anyone to waste time with, and too dishonest to accept FACTS

ergo: I'm OUT !

 

[RoshawnMarkwees]

and Bush lowered the price of a barrel of oil $100 because he opened up deep water drilling ... you're AN IDIOT

Congress had to acquiesce for that to happen. IDIOT! Funny how you fail to mention oil increasing so much due to obama's denial of potential drilling offshore.

post#25 on this thread you IDIOT!

I've been trying to explain the Futures market ever since post # 29 on this thread... you IDIOT.

you're too dumb for anyone to waste time with, and too dishonest to accept FACTS

ergo: I'm OUT !

You're contradicting yourself, MORON!

 

[Where_r_my_Keys]

So many idiots in this thread that think the president can control the price of gas.

Who are those people, specifically? I haven't seen so much as one example.

Although there are a significant number who reasonably recognize that the POTUS can and does influence the price of oil and the domestic price of gasoline.

Which is reasonable given the irrefutable certainty that such is the case.

Please explain how US crude oil production has increased over the last 5 years, nothing to do with Obama, but the price has gone up as well. It is a global commodity, nothing the president does will cause changes to the price of a barrel of oil.

Please explain how you cannot see what is directly before you?

Obama's domestic energy policy has attacked the Energy industry, dramatically cut exploration in US Federal Land and offshore, raising the cost of domestic energy exploration and production. His economic policy has destabilized international markets, his foreign policy has destabilized oil producing nations and there's no end in sight to his treachery or incompetence, depending upon your point of view.

In short, he has done everything possible that a US President can do, to negatively influence the production and cost of energy in and for the United States.

What more do you need?

 

[Where_r_my_Keys]

I comprehend that gas prices are dropping even WITHOUT raping additional federal lands.

Thanks again, Obama!

YOU idiot! Once again idiots like you have NO comprehension about how oil production works as you are as dumb as Obama!

Where are YOUR facts that oil production RAPES additional federal lands???


PROVE it you idiot!

LOL! That is ADORABLE!

Looks kids... it's dead trees and holes in the ground! Poor Gaia.

Here's a clue: The earth is a rock existing within the colloquial vacuum of space. It has no soul, doesn't feel pain and will die an instantaneous death, upon the expansion of the sun in it's death throes, an estimated billion years from now, LONG after the extinction of the human species.

 

[Siete]

Who are those people, specifically? I haven't seen so much as one example.

Although there are a significant number who reasonably recognize that the POTUS can and does influence the price of oil and the domestic price of gasoline.

Which is reasonable given the irrefutable certainty that such is the case.

Please explain how US crude oil production has increased over the last 5 years, nothing to do with Obama, but the price has gone up as well. It is a global commodity, nothing the president does will cause changes to the price of a barrel of oil.

Please explain how you cannot see what is directly before you?

Obama's domestic energy policy has attacked the Energy industry, dramatically cut exploration in US Federal Land and offshore, raising the cost of domestic energy exploration and production. His economic policy has destabilized international markets, his foreign policy has destabilized oil producing nations and there's no end in sight to his treachery or incompetence, depending upon your point of view.

In short, he has done everything possible that a US President can do, to negatively influence the production and cost of energy in and for the United States.

What more do you need?

read through the posts.... currently this country is sitting on record amounts of oil in reserve ... either you're an idiot or a liar.


WSJ Commodities

Oil Futures End Near Flat After Larger-Than-Expected Supply Build

Weekly Rise of 10 Million Barrels is Largest Since March 2001

 

[RoshawnMarkwees]

Please explain how US crude oil production has increased over the last 5 years, nothing to do with Obama, but the price has gone up as well. It is a global commodity, nothing the president does will cause changes to the price of a barrel of oil.

Please explain how you cannot see what is directly before you?

Obama's domestic energy policy has attacked the Energy industry, dramatically cut exploration in US Federal Land and offshore, raising the cost of domestic energy exploration and production. His economic policy has destabilized international markets, his foreign policy has destabilized oil producing nations and there's no end in sight to his treachery or incompetence, depending upon your point of view.

In short, he has done everything possible that a US President can do, to negatively influence the production and cost of energy in and for the United States.

What more do you need?

read through the posts.... currently this country is sitting on record amounts of oil in reserve ... either you're an idiot or a liar.


WSJ Commodities

Oil Futures End Near Flat After Larger-Than-Expected Supply Build

Weekly Rise of 10 Million Barrels is Largest Since March 2001

Increasing food for a family of four to enough to feed a family of seven is an increase but it doesn't cut it when the family has expanded to eleven.
Oil in reserve is not market product.
Why do you go out of your way to excuse the problems brought on intentionally by this administration? Do paraphrase you, he's shitting all over the sidewalk.

 

[Where_r_my_Keys]

Please explain how US crude oil production has increased over the last 5 years, nothing to do with Obama, but the price has gone up as well. It is a global commodity, nothing the president does will cause changes to the price of a barrel of oil.

Please explain how you cannot see what is directly before you?

Obama's domestic energy policy has attacked the Energy industry, dramatically cut exploration in US Federal Land and offshore, raising the cost of domestic energy exploration and production. His economic policy has destabilized international markets, his foreign policy has destabilized oil producing nations and there's no end in sight to his treachery or incompetence, depending upon your point of view.

In short, he has done everything possible that a US President can do, to negatively influence the production and cost of energy in and for the United States.

What more do you need?

read through the posts.... currently this country is sitting on record amounts of oil in reserve ... either you're an idiot or a liar.


WSJ Commodities

Oil Futures End Near Flat After Larger-Than-Expected Supply Build

Weekly Rise of 10 Million Barrels is Largest Since March 2001

So I'm an idiot, because you lack sufficient intellectual means to understand that Federal policy is driving up the cost of domestic exploration, production and distribution, while simultaneously putting international oil production and distribution at risk?

LMAO!

Classic Left rant.

 

[ThoughtCrimes]

Here's your chart

The ONLY way to bring gasoline prices down is to cap at the pump. The only way that is going to happen is by getting rid of Republicans.

Your graph does not represent the current reality, and sadly, I don't think disposing of the GOP has a snowball's chance!

Here is a graph, below, of more relevance covering average US gas prices over the last 10 years. See if you can spot any discrepancies.

**** Historical Gas Price Charts - GasBuddy.com ****

The graph show a nationwide average. Due to redlining there are some regional differences.

If middle class folks don't vote out the Republicans you'll continue to get fucked.

I'm aware of the chart's data averaging, and that the data of the period covered is non-representative of the current realities on both ends. Regional or PAD Districts disparities are subsumed in the averaging process, are they not? The link to the chart I added displays the past 10 years average gas prices laid over the spot market price for crude for the same period. If that didn't get your attention either you didn't understand the significance of comparing the two over the same period, or you never bothered to open it.

I'll add that chart plus two others in another manner (thumbs) so they can't be overlooked; one displaying refinery utilization and the other displaying the ending stocks of all crude oil, crude oil in the Strategic Petroleum Reserve (SPR) and gasoline. (click on each to enlarge in new window)

By comparing their relationships, one to the other, one can discern some interesting suggestive information. Perhaps collective manipulation of the market supply and demand dynamic. OH the nabirds are going to throw a fit!

Forget about the GOP sailing off into the sunset. That's not going to happen, no way, no how. They have a firm grip on their faction's psyche's and are riding the crest of that wave until it breaks on the reef of reason and time.

 

[RoshawnMarkwees]

Your graph does not represent the current reality, and sadly, I don't think disposing of the GOP has a snowball's chance!

Here is a graph, below, of more relevance covering average US gas prices over the last 10 years. See if you can spot any discrepancies.

**** Historical Gas Price Charts - GasBuddy.com ****

The graph show a nationwide average. Due to redlining there are some regional differences.

If middle class folks don't vote out the Republicans you'll continue to get fucked.

I'm aware of the chart's data averaging, and that the data of the period covered is non-representative of the current realities on both ends. Regional or PAD Districts disparities are subsumed in the averaging process, are they not? The link to the chart I added displays the past 10 years average gas prices laid over the spot market price for crude for the same period. If that didn't get your attention either you didn't understand the significance of comparing the two over the same period, or you never bothered to open it.

I'll add that chart plus two others in another manner (thumbs) so they can't be overlooked; one displaying refinery utilization and the other displaying the ending stocks of all crude oil, crude oil in the Strategic Petroleum Reserve (SPR) and gasoline. (click on each to enlarge in new window)

By comparing their relationships, one to the other, one can discern some interesting suggestive information. Perhaps collective manipulation of the market supply and demand dynamic. OH the nabirds are going to throw a fit!

Forget about the GOP sailing off into the sunset. That's not going to happen, no way, no how. They have a firm grip on their faction's psyche's and are riding the crest of that wave until it breaks on the reef of reason and time.

Apples and oranges. One has to do with oil market and how its prices fluctuate based upon supply and the other is about amount of available refined product.

 

[Siete]

Please explain how you cannot see what is directly before you?

Obama's domestic energy policy has attacked the Energy industry, dramatically cut exploration in US Federal Land and offshore, raising the cost of domestic energy exploration and production. His economic policy has destabilized international markets, his foreign policy has destabilized oil producing nations and there's no end in sight to his treachery or incompetence, depending upon your point of view.

In short, he has done everything possible that a US President can do, to negatively influence the production and cost of energy in and for the United States.

What more do you need?

read through the posts.... currently this country is sitting on record amounts of oil in reserve ... either you're an idiot or a liar.


WSJ Commodities

Oil Futures End Near Flat After Larger-Than-Expected Supply Build

Weekly Rise of 10 Million Barrels is Largest Since March 2001

So I'm an idiot, because you lack sufficient intellectual means to understand that Federal policy is driving up the cost of domestic exploration, production and distribution, while simultaneously putting international oil production and distribution at risk?

LMAO!

Classic Left rant.

Federal policy is driving up the cost of domestic exploration, production and distribution, while simultaneously putting international oil production and distribution at risk?

at risk? classic conservative conjecture

but the above has NO effect on our supply as stated by the EIA..

next.