Mr. H.
Diamond Member
And don't go all Jiggs Casey on me.
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In 1999, there was actually less gasoline in inventories than today.
Yet, it was selling for less than $1/gallon.
Crude oil at that time was $10/barrel.
So today, while oil is $100/barrel what difference does it make of there's 200k barrels of gasoline in inventories or 400k barrels of gasoline in inventories?
None.
That would be true, if it were true.
Believe it, laddybuck. Reason it out, and don't bother with links or quotes.
Use your noggin'. Bring it.
A bad 'solution' for a crisis that doesn't exist for standards that cannot be met with current technology.Your pdf link didn't work.
I read on your other link:
I don't like being told I'm gonna have to shell out more a new car for a promise from a dishonest government that I MAY SAVE later on.Consumers will pay more for cars upfront but may save money in the long term under new rules finalized Thursday by the Obama administration that will increase fuel efficiency and for the first time set greenhouse gas emissions standards for cars and light trucks.
Sounds like a scam to me.
Obama is making life in America more expensive at a time when we need someone to make it less expensive.
Can you wrap your mind around that concept at all????
Think about this. Yes, the price of cars will go up, but ultimately, people will save money. That is the point. If you can't afford a new car, then obviously you should buy a used one wouldn't you say?
Let's be clear: the price of these new cars would only go up $985. Anyone who can afford to buy a new car, can afford just that little extra.
A bad 'solution' for a crisis that doesn't exist for standards that cannot be met with current technology.Your pdf link didn't work.
I read on your other link:
I don't like being told I'm gonna have to shell out more a new car for a promise from a dishonest government that I MAY SAVE later on.
Sounds like a scam to me.
Obama is making life in America more expensive at a time when we need someone to make it less expensive.
Can you wrap your mind around that concept at all????
Think about this. Yes, the price of cars will go up, but ultimately, people will save money. That is the point. If you can't afford a new car, then obviously you should buy a used one wouldn't you say?
CAFE standards should be abolished and let the market deal with people wanting to pay 4 bucks a gallon, for a car that get 10mpg. Face it. People WILL do what is in the best interest of their pocketbooks and needs. If they need a Suburban, they'll buy one regardless of the cost and find other ways to cut spending.
Oh, and as an aside, reduced energy consumption is also a key indicator of lower economic growth. So it's not really a good thing.
Again, it's clear you all TRY to hate Obama.
It's pathetic.
Kid, he's just a man. He's certainly not worth worshiping.Again, it's clear you all TRY to hate Obama.
It's pathetic.
Yeah? This Admin also said that if we passed the first stimulus, unemployment would not go above 8%.Correct..It's called style over substance.So because it is projected to occur, it doesn't matter at all? That's ridiculous.
Look, don't tell me what you're going to do....SHOW ME RESULTS...Until those results come to fruition, keep your yapper SHUT.
It WILL occurr, because the standards have already been finalized you jackass.
Consumers are in no way obligated to make Obama look good.Contrary to what Republicans say, Obama has not only increased domestic oil production, but he has improved fuel efficiency standards in the automotive industry.
In January 2009, the US was producing 6.9 million barrels per day. As of Nov 2010, the US is producing 8.1 million barrels per day.
In addition, under Obama, US dependence on foreign oil has declined considerably. U.S. dependence on foreign oil has declined under Obama as well, going from 58.9 percent of oil consumption in January 2009 to 44 percent in November 2011.
FactCheck.org : Promises, Promises
Because of improvements made in fuel efficiency standards, vehicles made between 2012 and 2016 will save 1.8 billion barrels of oil.
Emissions limits, greater fuel efficiency for cars, light trucks made official
Now it is up to consumers to get on with the show!
Kid, he's just a man. He's certainly not worth worshiping.Again, it's clear you all TRY to hate Obama.
It's pathetic.
And not worshiping him is not the same as hating him.
Sheesh. You lefties sure do like the binary thinking you accuse the right of using, don't you?
Come on, USMB, even if you don't like Obama, you have to give him credit for something.
Come on Billy, did you really think these ODS sufferers were going to give President Obama credit for anything? If the man cured cancer they'd ask why he hates the drug companies.
In response to your link about LIBERAL talk....
Two words......AIR AMERICA...
Oh, so why is liberal talk relegated to a few obscure channels on satellite radio?
Answer: Because if it were on terrestrial radio, the Arbitrons would be so low, they would not be listed!
I am a Democrat because I believe in the environment and conservation. For instance, we must raise the price of gasoline, like they do in Europe, to increase conservation. If we don't, there will soon be a big gas shortage, and this will mean higher gasoline prices for you and me.
I don't hate Obama for his physiology. I hate him for his ideology, philosophy and policy. That's usually good enough for liberals. Why'd the goal posts on this move again? Oh that's right, he's black and you libs are racist.Again, it's clear you all TRY to hate Obama.
It's pathetic.
And they actually BELIEVE that nonsense.I am a Democrat because I believe in the environment and conservation. For instance, we must raise the price of gasoline, like they do in Europe, to increase conservation. If we don't, there will soon be a big gas shortage, and this will mean higher gasoline prices for you and me.
So, to avoid raising the price of gas, we must... raise the price of gas. Brilliant libtard logic, eh?
stock market is dooooooooooooooown
"There comes a time when you've made enough money."---Obama (paraphrase)Let's be clear: the price of these new cars would only go up $985. Anyone who can afford to buy a new car, can afford just that little extra.
The tax penalties will be passed along to the consumer."Republicans say"????...Ok where?Contrary to what Republicans say, Obama has not only increased domestic oil production, but he has improved fuel efficiency standards in the automotive industry.
In January 2009, the US was producing 6.9 million barrels per day. As of Nov 2010, the US is producing 8.1 million barrels per day.
In addition, under Obama, US dependence on foreign oil has declined considerably. U.S. dependence on foreign oil has declined under Obama as well, going from 58.9 percent of oil consumption in January 2009 to 44 percent in November 2011.
FactCheck.org : Promises, Promises
Because of improvements made in fuel efficiency standards, vehicles made between 2012 and 2016 will save 1.8 billion barrels of oil.
Emissions limits, greater fuel efficiency for cars, light trucks made official
BTW, MOST of our domestic oil production is EXPORTED....
BTW, here are charts from the US Energy Information Administration..
» Clearing-up Todays Obama Energy Lies - Big Government
Clearly, the numbers you posted are inaccurate. The US EIA chart indicates LESS then 6 million bpd of production
Crude Oil Production
US is also a net exporter of oil and gasoline..
What Energy Problem? U.S. Oil Exports Are on the Rise | Fin - Daily Ticker - US - Yahoo! Finance.
The reason exports are increasing is because Crude Oil and gasoline will fetch a higher price on the world market. Also, in direct sales to other countries or companies, the price can be negotiated and set.
There is no law preventing that from happening. And there should not be.
The prices we pay will always be subject to market forces.
However, this report tells the story but in a skewed manner..
Note how the US EIA spins the numbers. The EIA report states that because of oil exports, that oil is not counted as imported. That's ridiculous. We still consume the IMPORTED OIL...
SO the 49% figure is inaccurate. The US consumes 19 BLN BPD..The US Imports over 11 BLN BPD.....or about SIXTY percent.
The EIA then tries to make things look better by stating that some of the imported oil comes from the Western Hemisphere. Really?
32% comes from OPEC.....And to show how irrelevant that is, each time OPEC raises or lowers their output quota, market prices which affect the world oil and gasoline prices, rise and fall.
The EIA attempts to minimize the effect of OPEC and tries to hide the fact that the US is depending on non-friendly nations for crude oil....
Quite frankly this is a whole lot of "who shot John".
We're getting screwed by the same government that liberals swear on the lives of their family members is supposed to "take care of us"...
So please..Don't come here trying to make Obama look like the happy energy guy.....He isn't.
Contrary to what Republicans say, Obama has not only increased domestic oil production, but he has improved fuel efficiency standards in the automotive industry.
In January 2009, the US was producing 6.9 million barrels per day. As of Nov 2010, the US is producing 8.1 million barrels per day.
In addition, under Obama, US dependence on foreign oil has declined considerably. U.S. dependence on foreign oil has declined under Obama as well, going from 58.9 percent of oil consumption in January 2009 to 44 percent in November 2011.
FactCheck.org : Promises, Promises
Because of improvements made in fuel efficiency standards, vehicles made between 2012 and 2016 will save 1.8 billion barrels of oil.
Emissions limits, greater fuel efficiency for cars, light trucks made official
We do not export most of our domestic oil production. We may be a net exporter of gasoline, but in no way do we export "most of our domestic oil production".
Regarding Obama "increasing domestic oil production" that's total bullshit. He's not done a damn thing toward that effort. It's been accomplished by industry investment, technology and innovation, and downright risk taking.
Still on the books- Obama's budget proposes up to $90 billion in tax penalties on the oil and gas industries- penalties that will not hurt the majors aka "Big Oil", but the smaller independently owned companies.
Let's be clear: the price of these new cars would only go up $985.