Gasoline Below $3.00 A Gallon; Thank You Mr. President

[BULLDOG]

Hmmmm...you do know that the reason the prices are falling is because of hydrolic fracking...the process that obama fights every chance he gets...and that oil drilling is only up on private lands...as he keeps preventing drilling on federal lands....so how exactly is it his policy that is lowering gas prices...

That's like giving him credit for killing bin laden....it just isn't true...

Does that mean you will quit trying to blame him when the price goes back up? Only an idiot doesn't realize the price of gas is set on the global market, and there is very little done in this country to effect it either way.

Domestic production drives it down.

Obama has stifled domestic production wherever he could.

It would be under $2.00 if not for him.

Crude is just getting back to where it was before he gave Libya to the Radical Islamists.

You are clueless. Domestic production starts to get unprofitable under 80 bucks a barrel.

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

Like most right wing teabaggers, you can't understand that everything isn't black or white. Reasonable profit is reasonable. Gouging is not. Ask your teacher to explain.

 

[RKMBrown]

Does that mean you will quit trying to blame him when the price goes back up? Only an idiot doesn't realize the price of gas is set on the global market, and there is very little done in this country to effect it either way.

Domestic production drives it down.

Obama has stifled domestic production wherever he could.

It would be under $2.00 if not for him.

Crude is just getting back to where it was before he gave Libya to the Radical Islamists.

You are clueless. Domestic production starts to get unprofitable under 80 bucks a barrel.

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

You think some top level Exxon executive should be making $60 million a year for doing what he's doing? While we pay more than we should for gasoline?

Which top level Exxon executive makes 60million a year. Hint: none

 

[RKMBrown]

Does that mean you will quit trying to blame him when the price goes back up? Only an idiot doesn't realize the price of gas is set on the global market, and there is very little done in this country to effect it either way.

Domestic production drives it down.

Obama has stifled domestic production wherever he could.

It would be under $2.00 if not for him.

Crude is just getting back to where it was before he gave Libya to the Radical Islamists.

You are clueless. Domestic production starts to get unprofitable under 80 bucks a barrel.

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

Like most right wing teabaggers, you can't understand that everything isn't black or white. Reasonable profit is reasonable. Gouging is not. Ask your teacher to explain.

Define gouging. What % of profit or revenue can an executive get before it's "gouging." 5%? 1%? .01%? You libtards are soooo funny. You demand higher pay for everyone but the "rich" people then you claim the "rich" people are gouging. You numb nutz don't even know how to read a balance sheet.

 

[BULLDOG]

Domestic production drives it down.

Obama has stifled domestic production wherever he could.

It would be under $2.00 if not for him.

Crude is just getting back to where it was before he gave Libya to the Radical Islamists.

You are clueless. Domestic production starts to get unprofitable under 80 bucks a barrel.

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

Like most right wing teabaggers, you can't understand that everything isn't black or white. Reasonable profit is reasonable. Gouging is not. Ask your teacher to explain.

Define gouging. What % of profit or revenue can an executive get before it's "gouging." 5%? 1%? .01%? You libtards are soooo funny. You demand higher pay for everyone but the "rich" people then you claim the "rich" people are gouging. You numb nutz don't even know how to read a balance sheet.

Well, actually, I do. It doesn't take a balance sheet to know oil companies make much more than a reasonable profit.

 

[RKMBrown]

You are clueless. Domestic production starts to get unprofitable under 80 bucks a barrel.

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

Like most right wing teabaggers, you can't understand that everything isn't black or white. Reasonable profit is reasonable. Gouging is not. Ask your teacher to explain.

Define gouging. What % of profit or revenue can an executive get before it's "gouging." 5%? 1%? .01%? You libtards are soooo funny. You demand higher pay for everyone but the "rich" people then you claim the "rich" people are gouging. You numb nutz don't even know how to read a balance sheet.

Well, actually, I do. It doesn't take a balance sheet to know oil companies make much more than a reasonable profit.

Define "reasonable" profit by industry, or just this one, then tell the class what Exxon's profit was and explain to the class where Exxon's profit goes and why that is unreasonable.

 

[RKMBrown]

Absolutely hilarious that libs will simultaneously complain about companies not paying enough taxes then bitch and moan about companies that have profits and pay the highest possible tax rates. Exxon paid 42% taxes on their profits.. However if you libtards had your way they would have no profits and would have paid zero % taxes.. ROFL then you would bitch and moan that Exxon gets away with paying lower taxes than secretaries. ROFL

 

[BULLDOG]

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

Like most right wing teabaggers, you can't understand that everything isn't black or white. Reasonable profit is reasonable. Gouging is not. Ask your teacher to explain.

Define gouging. What % of profit or revenue can an executive get before it's "gouging." 5%? 1%? .01%? You libtards are soooo funny. You demand higher pay for everyone but the "rich" people then you claim the "rich" people are gouging. You numb nutz don't even know how to read a balance sheet.

Well, actually, I do. It doesn't take a balance sheet to know oil companies make much more than a reasonable profit.

Define "reasonable" profit by industry, or just this one, then tell the class what Exxon's profit was and explain to the class where Exxon's profit goes and why that is unreasonable.

They claim a net of 33Billion for 2013, down a little from the 45 billion from the year before. I have no desire to try to explain their tax reduction strategy because you wouldn't understand or believe it anyway unless fox told you.

 

[Listening]

Does that mean you will quit trying to blame him when the price goes back up? Only an idiot doesn't realize the price of gas is set on the global market, and there is very little done in this country to effect it either way.

Domestic production drives it down.

Obama has stifled domestic production wherever he could.

It would be under $2.00 if not for him.

Crude is just getting back to where it was before he gave Libya to the Radical Islamists.

You are clueless. Domestic production starts to get unprofitable under 80 bucks a barrel.

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

Like most right wing teabaggers, you can't understand that everything isn't black or white. Reasonable profit is reasonable. Gouging is not. Ask your teacher to explain.

So-called goughing only occurs when people are silly enough to pay for something they feel is overpriced.

Don't like gas prices...ride a bike or take the bus.

Oil companies only make that money because we are willing to pay the prices they want...which...as economics will tell you....is the prices that will clear all the product they have to sell.

Simple.

Gasoline and oil are actually as commodity as it gets.

 

[KissMy]

Gas keeps going down.

Is Obama a great president? Or the greatest president?

Hes a fucking moron. This is only 6 years late.

You're the moron. Low gas prices never happen under Republican gas bag presidents. Obama has made it happen.

Obama has lowered Gas Prices, unlike the Republicans who raised them over the past 40 years.

- Republicans presidents Nixion & Ford enacted price controls to killed US oil production in the 1970's.

- Republicans presidents Nixion created the EPA to killed US oil production in the 1970's. Us oil production has declined under every Republican president since.

- Bush signed EO12777 banning US oil & gas drilling.

- Horizontal multi-well pad fracking setback borders were removed under Obama, cutting cost & boosting US oil production for the first time in 40 years.

- Obama has fast tracked Keystone oil pipelines. Keystone pipeline Phases 1, 2, &3 have been built under Obama, not Republicans.

- The Obama administration and the Environmental Protection Agency phased out the rubber boots on gas pump handles that used to capture gasoline vapors while refueling cars. That move saved consumers and businesses $6 billion at the pump.

- The Obama administration & Saudi's are using oil price as a weapon against Iran, Syria, ISIS & Russia. Way to go Obama! $50 oil & $1 gas coming soon.

- 60% in Republican Texas town that is the birthplace of fracking & has been supported by fracking just voted to ban it.

 

[candycorn]

Meanwhile, price per gallon keeps dropping.

 

[Judicial review]

Libs

Gas keeps going down.

Is Obama a great president? Or the greatest president?

Hes a fucking moron. This is only 6 years late.

You're the moron. Low gas prices never happen under Republican gas bag presidents. Obama has made it happen.

Obama has lowered Gas Prices, unlike the Republicans who raised them over the past 40 years.

- Republicans presidents Nixion & Ford enacted price controls to killed US oil production in the 1970's.

- Republicans presidents Nixion created the EPA to killed US oil production in the 1970's. Us oil production has declined under every Republican president since.

- Bush signed EO12777 banning US oil & gas drilling.

- Horizontal multi-well pad fracking setback borders were removed under Obama, cutting cost & boosting US oil production for the first time in 40 years.

- Obama has fast tracked Keystone oil pipelines. Keystone pipeline Phases 1, 2, &3 have been built under Obama, not Republicans.

- The Obama administration and the Environmental Protection Agency phased out the rubber boots on gas pump handles that used to capture gasoline vapors while refueling cars. That move saved consumers and businesses $6 billion at the pump.

- The Obama administration & Saudi's are using oil price as a weapon against Iran, Syria, ISIS & Russia. Way to go Obama! $50 oil & $1 gas coming soon.

- 60% in Republican Texas town that is the birthplace of fracking & has been supported by fracking just voted to ban it.

Aparently you didnt get the message the first time. Obama could have done this 6 years ago, but chose not to. Now you can make this out as a republican democrate thing but keep in mind gas prices have been increasing under both republican and democrat presidents. Liberals want higher gas prices so there green projects and epa stndards get meet thats why gas has been at record highs under obama, and the gop are personally invested in oil so they want higher crude oil prices. This is purely political when obamas poll numbers are down. How about bitching at liberals for the federal gas tax? And the liberal govs that add a state gas tax ontop of it. That tax needs to be eliminated.

 

[KissMy]

Libs

Gas keeps going down.

Is Obama a great president? Or the greatest president?

Hes a fucking moron. This is only 6 years late.

You're the moron. Low gas prices never happen under Republican gas bag presidents. Obama has made it happen.

Obama has lowered Gas Prices, unlike the Republicans who raised them over the past 40 years.

- Republicans presidents Nixion & Ford enacted price controls to killed US oil production in the 1970's.

- Republicans presidents Nixion created the EPA to killed US oil production in the 1970's. Us oil production has declined under every Republican president since.

- Bush signed EO12777 banning US oil & gas drilling.

- Horizontal multi-well pad fracking setback borders were removed under Obama, cutting cost & boosting US oil production for the first time in 40 years.

- Obama has fast tracked Keystone oil pipelines. Keystone pipeline Phases 1, 2, &3 have been built under Obama, not Republicans.

- The Obama administration and the Environmental Protection Agency phased out the rubber boots on gas pump handles that used to capture gasoline vapors while refueling cars. That move saved consumers and businesses $6 billion at the pump.

- The Obama administration & Saudi's are using oil price as a weapon against Iran, Syria, ISIS & Russia. Way to go Obama! $50 oil & $1 gas coming soon.

- 60% in Republican Texas town that is the birthplace of fracking & has been supported by fracking just voted to ban it.

Aparently you didnt get the message the first time. Obama could have done this 6 years ago, but chose not to. Now you can make this out as a republican democrate thing but keep in mind gas prices have been increasing under both republican and democrat presidents. Liberals want higher gas prices so there green projects and epa stndards get meet thats why gas has been at record highs under obama, and the gop are personally invested in oil so they want higher crude oil prices. This is purely political when obamas poll numbers are down. How about bitching at liberals for the federal gas tax? And the liberal govs that add a state gas tax ontop of it. That tax needs to be eliminated.

Aparently you're an idiot. Obama did this stuff 5 years ago.

The gas tax is the best most efficient way to fund transportation. Toll booths are stupid, they waste gas, money, time & jam traffic. Improving transportation systems with gas tax lowers drive times, saving fuel lowering demand & gas prices. Most of the gas tax are subsidies to oil companies paid back to oil companies by the highway department buying fuel & asphalt to maintain & build roads for oil powered vehicles. Only an idiot would steal money from workers payroll taxes to subsidize oil companies & fund oil only transportation.

 

[Judicial review]

Libs

Gas keeps going down.

Is Obama a great president? Or the greatest president?

Hes a fucking moron. This is only 6 years late.

You're the moron. Low gas prices never happen under Republican gas bag presidents. Obama has made it happen.

Obama has lowered Gas Prices, unlike the Republicans who raised them over the past 40 years.

- Republicans presidents Nixion & Ford enacted price controls to killed US oil production in the 1970's.

- Republicans presidents Nixion created the EPA to killed US oil production in the 1970's. Us oil production has declined under every Republican president since.

- Bush signed EO12777 banning US oil & gas drilling.

- Horizontal multi-well pad fracking setback borders were removed under Obama, cutting cost & boosting US oil production for the first time in 40 years.

- Obama has fast tracked Keystone oil pipelines. Keystone pipeline Phases 1, 2, &3 have been built under Obama, not Republicans.

- The Obama administration and the Environmental Protection Agency phased out the rubber boots on gas pump handles that used to capture gasoline vapors while refueling cars. That move saved consumers and businesses $6 billion at the pump.

- The Obama administration & Saudi's are using oil price as a weapon against Iran, Syria, ISIS & Russia. Way to go Obama! $50 oil & $1 gas coming soon.

- 60% in Republican Texas town that is the birthplace of fracking & has been supported by fracking just voted to ban it.

Aparently you didnt get the message the first time. Obama could have done this 6 years ago, but chose not to. Now you can make this out as a republican democrate thing but keep in mind gas prices have been increasing under both republican and democrat presidents. Liberals want higher gas prices so there green projects and epa stndards get meet thats why gas has been at record highs under obama, and the gop are personally invested in oil so they want higher crude oil prices. This is purely political when obamas poll numbers are down. How about bitching at liberals for the federal gas tax? And the liberal govs that add a state gas tax ontop of it. That tax needs to be eliminated.

Aparently you're an idiot. Obama did this stuff 5 years ago.

The gas tax is the best most efficient way to fund transportation. Toll booths are stupid, they waste gas, money, time & jam traffic. Improving transportation systems with gas tax lowers drive times, saving fuel lowering demand & gas prices. Most of the gas tax are subsidies to oil companies paid back to oil companies by the highway department buying fuel & asphalt to maintain & build roads for oil powered vehicles. Only an idiot would steal money from workers payroll taxes to subsidize oil companies & fund oil only transportation.

I see you dropped the partisan argument about gas prices and switched to my bait that you took. Whats the point of the gas tax when we just pass trillion dollar bills indrustructure anyways? Theres no point. The tax is a double tax. Not needed.

 

[RKMBrown]

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

Like most right wing teabaggers, you can't understand that everything isn't black or white. Reasonable profit is reasonable. Gouging is not. Ask your teacher to explain.

Define gouging. What % of profit or revenue can an executive get before it's "gouging." 5%? 1%? .01%? You libtards are soooo funny. You demand higher pay for everyone but the "rich" people then you claim the "rich" people are gouging. You numb nutz don't even know how to read a balance sheet.

Well, actually, I do. It doesn't take a balance sheet to know oil companies make much more than a reasonable profit.

Define "reasonable" profit by industry, or just this one, then tell the class what Exxon's profit was and explain to the class where Exxon's profit goes and why that is unreasonable.

They claim a net of 33Billion for 2013, down a little from the 45 billion from the year before. I have no desire to try to explain their tax reduction strategy because you wouldn't understand or believe it anyway unless fox told you.

Which is it, they are an evil company for gouging by having a net profit of 7% or they are an evil company for having a tax reduction strategy? How do we "increase" the amount of taxes they pay while "reducing" their profits and increasing the amount of pay you demand they pay their labor rate employees? What % of revenue went to executive salaries? Was it 1%? no? Ok was it .1%? No? Was it .01%? No? Why don't you tell the class how much gouging the Executive pay took out of their gas pump costs. Then tell the class what the % of money spent at the pump was that went to taxes. Are we talking about 1, 2, 3+.... orders of magnitude difference between Executive pay and government taxes, wrt to the pump price? Or is it even more than 4 orders of magnitude difference?

What does the balance sheet issue have to do with Fox? You do know that Fox is a media company not an oil company right? You do know that for the most part they are a news and entertainment product right?

 

[KissMy]

Libs

Gas keeps going down.

Is Obama a great president? Or the greatest president?

Hes a fucking moron. This is only 6 years late.

You're the moron. Low gas prices never happen under Republican gas bag presidents. Obama has made it happen.

Obama has lowered Gas Prices, unlike the Republicans who raised them over the past 40 years.

- Republicans presidents Nixion & Ford enacted price controls to killed US oil production in the 1970's.

- Republicans presidents Nixion created the EPA to killed US oil production in the 1970's. Us oil production has declined under every Republican president since.

- Bush signed EO12777 banning US oil & gas drilling.

- Horizontal multi-well pad fracking setback borders were removed under Obama, cutting cost & boosting US oil production for the first time in 40 years.

- Obama has fast tracked Keystone oil pipelines. Keystone pipeline Phases 1, 2, &3 have been built under Obama, not Republicans.

- The Obama administration and the Environmental Protection Agency phased out the rubber boots on gas pump handles that used to capture gasoline vapors while refueling cars. That move saved consumers and businesses $6 billion at the pump.

- The Obama administration & Saudi's are using oil price as a weapon against Iran, Syria, ISIS & Russia. Way to go Obama! $50 oil & $1 gas coming soon.

- 60% in Republican Texas town that is the birthplace of fracking & has been supported by fracking just voted to ban it.

Aparently you didnt get the message the first time. Obama could have done this 6 years ago, but chose not to. Now you can make this out as a republican democrate thing but keep in mind gas prices have been increasing under both republican and democrat presidents. Liberals want higher gas prices so there green projects and epa stndards get meet thats why gas has been at record highs under obama, and the gop are personally invested in oil so they want higher crude oil prices. This is purely political when obamas poll numbers are down. How about bitching at liberals for the federal gas tax? And the liberal govs that add a state gas tax ontop of it. That tax needs to be eliminated.

Aparently you're an idiot. Obama did this stuff 5 years ago.

The gas tax is the best most efficient way to fund transportation. Toll booths are stupid, they waste gas, money, time & jam traffic. Improving transportation systems with gas tax lowers drive times, saving fuel lowering demand & gas prices. Most of the gas tax are subsidies to oil companies paid back to oil companies by the highway department buying fuel & asphalt to maintain & build roads for oil powered vehicles. Only an idiot would steal money from workers payroll taxes to subsidize oil companies & fund oil only transportation.

I see you dropped the partisan argument about gas prices and switched to my bait that you took. Whats the point of the gas tax when we just pass trillion dollar bills indrustructure anyways? Theres no point. The tax is a double tax. Not needed.

Now you sound like a big spending starve the government beast & drown it in a bath tub idiot who loves sky high price inflation.

 

[Synthaholic]

Domestic production drives it down.

Obama has stifled domestic production wherever he could.

It would be under $2.00 if not for him.

Crude is just getting back to where it was before he gave Libya to the Radical Islamists.

You are clueless. Domestic production starts to get unprofitable under 80 bucks a barrel.

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

You think some top level Exxon executive should be making $60 million a year for doing what he's doing? While we pay more than we should for gasoline?

Which top level Exxon executive makes 60million a year. Hint: none

Correct. I was exaggerating. But not by much. Over the past 5 years the CEO, Tillerson, has gotten paid:

$27,168,317
$28,952,558
$34,920,506
$40,266,501
$28,138,329

That's a total of $159,446,211. For 5 years of work. And that's just him!

Key Executive Compensation for Exxon was $110,713,059 just in 2012.

XOM Exxon Mobil Corporation Executive Compensation

But you go ahead and keep on pleading their case over the average American paying less for gas. Because one day YOU might be an Exxon executive, and you don't want to start bad-mouthing all those millions you might be getting!

 

[RKMBrown]

You are clueless. Domestic production starts to get unprofitable under 80 bucks a barrel.

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

You think some top level Exxon executive should be making $60 million a year for doing what he's doing? While we pay more than we should for gasoline?

Which top level Exxon executive makes 60million a year. Hint: none

Correct. I was exaggerating. But not by much. Over the past 5 years the CEO, Tillerson, has gotten paid:

$27,168,317
$28,952,558
$34,920,506
$40,266,501
$28,138,329

That's a total of $159,446,211. For 5 years of work. And that's just him!

Key Executive Compensation for Exxon was $110,713,059 just in 2012.

XOM Exxon Mobil Corporation Executive Compensation

But you go ahead and keep on pleading their case over the average American paying less for gas. Because one day YOU might be an Exxon executive, and you don't want to start bad-mouthing all those millions you might be getting!

I'm not pleading the case for executives, I think they get paid to much too. My point was that even if you reduce executive salary at Exxon to zero you won't see even one penny difference at the pump.

110,713,059 executive salary taken from 470,000,000,000 in revenue means executive salary did not change the price at the pump by even one penny. Not even close.

 

[BULLDOG]

Domestic production drives it down.

Obama has stifled domestic production wherever he could.

It would be under $2.00 if not for him.

Crude is just getting back to where it was before he gave Libya to the Radical Islamists.

You are clueless. Domestic production starts to get unprofitable under 80 bucks a barrel.

Unprofitable? Or just either too big operation-wise, or too much executive pay?

Oil companies were profitable even when gas was under $20 a barrel. But top execs weren't making tens of millions per year, either.

Yeah!!!! fire all the executives and redistribute that to the poor!! yeah take back America we don't need no corporations, take it all!!!

Like most right wing teabaggers, you can't understand that everything isn't black or white. Reasonable profit is reasonable. Gouging is not. Ask your teacher to explain.

So-called goughing only occurs when people are silly enough to pay for something they feel is overpriced.

Don't like gas prices...ride a bike or take the bus.

Oil companies only make that money because we are willing to pay the prices they want...which...as economics will tell you....is the prices that will clear all the product they have to sell.

Simple.

Gasoline and oil are actually as commodity as it gets.

You know not driving is only an option in urban areas. In a vast majority of the country, that just isn't possible.

 

[Katzndogz]

Gas is finally under $4.00 a gallon. But come 1/1 there will be an additional 17 cent a gallon tax. So there's really not much of a benefit at all.

 

[NYcarbineer]

You know every once in awhile you people should just say, well, hey, maybe there isn't something here we can blame on Obama.