OBOMINATION: Gas Price Record Worsens: 1,245 Days Above $3 a Gallon...

[boilermaker55]

Holy wow sh*t. It never stops with the unadulterated hypocrisy.

Food & Gas Prices are soaring. So tell me again how the Dear Leader is saving the World?


Memorial Day weekend drivers will continue to take a hit as gasoline prices remain high.

May 20 marks the 1,245th straight day that the national average for a gallon of regular gasoline costs more than $3 a gallon, according to AAA data. That's nearly three-and-a-half years above $3 a gallon.

USA Today reported last September that, for the first time ever, gas prices had been higher than $3 a gallon for 1,000 consecutive days - beginning Dec. 23, 2010, through Sept. 17, 2013. Unfortunately, that awful record streak of sustained highs has not been broken. Gas prices dipped in the fall, down to $3.179 (Nov. 12), but surged again.

The national average on May 20, 2014, for regular gas was $3.642 a gallon, slightly less than the $3.653 a gallon average one year earlier.

On May 18, USA Today turned to the issue of gas prices again writing that "rumors about the demise of U.S. gasoline demand have been greatly exaggerated." Javier E. David of CNBC wrote for USA Today that international factors were keeping prices high and "defied the gravitational pull" of factors "that should blunt demand."

AAA's Memorial Day forecast predicted 31.8 million people will be driving over the holiday and that gas prices will be "relatively similar" to where they were Memorial Day 2013.

ABC, CBS and NBC morning and evening news shows haven't spent much time on gas prices, lately. A Nexis search yielded only 11 stories mentioning what was going on with gas prices in the past three months.

Gas Price Record Worsens: 1,245 Days above $3 a Gallon | CNS News
DRUDGE REPORT 2014®

 

[boilermaker55]

It's the market. You know the deregulated markets you right wingers think will level out all the prices and regulate themselves.
You wanted it , you got it.

You want $1 gasoline?

Much as I hate Obama he's got nothing to do with gas $


Sent from my ass using USMessageBoard.com

True. OPEC still sets the price. The POTUS doesn't.

Nor does OPEC.

 

[Mr. H.]

It's the market. You know the deregulated markets you right wingers think will level out all the prices and regulate themselves.
You wanted it , you got it.

True. OPEC still sets the price. The POTUS doesn't.

Nor does OPEC.

Could it be the same market that brought about $1 gasoline in 1999?

 

[frigidweirdo]

hfhfdhfh

 

[boilermaker55]

You got what you wanted.

It's the market. You know the deregulated markets you right wingers think will level out all the prices and regulate themselves.
You wanted it , you got it.

Nor does OPEC.

Could it be the same market that brought about $1 gasoline in 1999?

 

[Mr. H.]

You got what you wanted.

It's the market. You know the deregulated markets you right wingers think will level out all the prices and regulate themselves.
You wanted it , you got it.

Could it be the same market that brought about $1 gasoline in 1999?

You're weird.

 

[Flopper]

Food & Gas Prices are soaring. So tell me again how the Dear Leader is saving the World?


Memorial Day weekend drivers will continue to take a hit as gasoline prices remain high.

May 20 marks the 1,245th straight day that the national average for a gallon of regular gasoline costs more than $3 a gallon, according to AAA data. That's nearly three-and-a-half years above $3 a gallon.

USA Today reported last September that, for the first time ever, gas prices had been higher than $3 a gallon for 1,000 consecutive days - beginning Dec. 23, 2010, through Sept. 17, 2013. Unfortunately, that awful record streak of sustained highs has not been broken. Gas prices dipped in the fall, down to $3.179 (Nov. 12), but surged again.

The national average on May 20, 2014, for regular gas was $3.642 a gallon, slightly less than the $3.653 a gallon average one year earlier.

On May 18, USA Today turned to the issue of gas prices again writing that "rumors about the demise of U.S. gasoline demand have been greatly exaggerated." Javier E. David of CNBC wrote for USA Today that international factors were keeping prices high and "defied the gravitational pull" of factors "that should blunt demand."

AAA's Memorial Day forecast predicted 31.8 million people will be driving over the holiday and that gas prices will be "relatively similar" to where they were Memorial Day 2013.

ABC, CBS and NBC morning and evening news shows haven't spent much time on gas prices, lately. A Nexis search yielded only 11 stories mentioning what was going on with gas prices in the past three months.

Gas Price Record Worsens: 1,245 Days above $3 a Gallon | CNS News
DRUDGE REPORT 2014®

Well, it's memorial day and it's time to blame the president for high gas prices, even thou prices are slightly less than last year and prices rise every year around this time as suppliers prepare for increased summer driving.

 

[Flopper]

This Kenyan interloper hack president's energy policy of reimposing drilling moratoriums offshore and on any federal land has impacted potential global oil supply and that is what drove the price of oil up directly upon his immaculation.
Moratoriums that were reversed in summer 2008 and allowed to expire September 2008 dropped oil and subsequently energy costs across the board. Gasoline was in the $1.35 range through much of the middle of the country as late as Jan 11, 2009.
Obama reimposed those restrictions and that cost increase has rippled through costs for all consumer goods and our economy has been deprived of over a trillion dollars annually ever since.
Incarcerate Obama and send him to GITMO.

Here on planet Reality, petroleum of crude oil is up under Obama to the highest its been in almost 30 years.

U.S. Field Production of Crude Oil (Thousand Barrels)

That is the propaganda that is foisted successfully on the math-challenged whom the democrats bank on for support. You need to juxtapose that current level with demand and consider that the current level is in place as a result of policies enacted before Obama. The need for increased supply to offset increased demand has been intentionally stifled by Obama.
It's like pointing out that the food you provide for your four children is more than you provided when you had only three children but the problem is that you now have eight children and you refuse to get more food.

Under Obama, U.S. now leads the World in Oil and Gas Production, yet we see prices rising. Increased US production is not the answer. Countries like China who have a huge and rapidly growing need for oil will absorb all increased oil production. Since oil prices are determined on the world market, we can only influence prices but we can't control them. Anytime we produce enough to drive prices down, OPEC stands ready to reduce production to stabilize prices. Oil companies, not the public are the ones who benefit most from increase US oil production.

World's leading oil, gas producer: US passes Russia under Obama administration.

 

[Vigilante]

Rich people are making all of the money off of high gas prices. Do something about the world's richest people. The President is not in command of oil prices.

 

[GISMYS]

rich people are making all of the money off of high gas prices. Do something about the world's richest people. The president is not in command of oil prices.

build the keystone pipeline or stop crying!!!

 

[Pogo]

build the keystone pipeline or stop crying!!!

What for? Are you Exxon?

 

[Faun]

Obama inflation, no one else to blame it on, Obama owns it and it's going to only get worse.
Inflation is the most cruel form of tax, and it is a tax! Inflation hurts the ones on a fixed income worse than any other group, the elderly, the disabled, the poor, especially the poor children, and it's all because of Obama and his spending, printing money, and quantum Easing.

Lemme guess ... you don't know that inflation is currently 1.95%, which is pretty low, did you?

Historical Inflation Rate- Annual Inflation rates from 1913 to the present |InflationData.com

Move on to your next lie ........

 

[Siete]

rich people are making all of the money off of high gas prices. Do something about the world's richest people. The president is not in command of oil prices.

build the keystone pipeline or stop crying!!!

why?

the oil belongs to Canada. The oil will be traded in the global market. The oil is NOT light sweet crude. The USA gets another pipeline and no useable oil for us.The pipeline will create a few temporary jobs until after its built and those jobs will be union jobs.

Who the hell is crying? ... oh wait, its the Republicans, nevermind.

 

[Mr. H.]

build the keystone pipeline or stop crying!!!

why?

the oil belongs to Canada. The oil will be traded in the global market. The oil is NOT light sweet crude. The USA gets another pipeline and no useable oil for us.The pipeline will create a few temporary jobs until after its built and those jobs will be union jobs.

Who the hell is crying? ... oh wait, its the Republicans, nevermind.

No usable oil? Where the hell did you get that information? Our refineries were built for the grade of oil that will be coming from Canada. That IS coming from Canada. You don't think we already import a shit-load of the stuff?

Get a freakin' education.

 

[HenryBHough]

What can he say?

He likes to look at choo-choo trains and a pipeline would take away his little hobby.

 

[Pogo]

build the keystone pipeline or stop crying!!!

why?

the oil belongs to Canada. The oil will be traded in the global market. The oil is NOT light sweet crude. The USA gets another pipeline and no useable oil for us.The pipeline will create a few temporary jobs until after its built and those jobs will be union jobs.

Who the hell is crying? ... oh wait, its the Republicans, nevermind.

Somewhere around 35 jobs to be roughly exact, making sure Big Oil's raw product is getting to those refineries so it can be shipped to Asia...

That's why I asked him "are you Exxon?" Who else benefits?

 

[Mr. H.]

build the keystone pipeline or stop crying!!!

why?

the oil belongs to Canada. The oil will be traded in the global market. The oil is NOT light sweet crude. The USA gets another pipeline and no useable oil for us.The pipeline will create a few temporary jobs until after its built and those jobs will be union jobs.

Who the hell is crying? ... oh wait, its the Republicans, nevermind.

Somewhere around 35 jobs to be roughly exact, making sure Big Oil's raw product is getting to those refineries so it can be shipped to Asia...

That's why I asked him "are you Exxon?" Who else benefits?

Here's the Market Analysis from the State Department.

http://keystonepipeline-xl.state.gov/documents/organization/205654.pdf

The State Department’s market analysis in Keystone XL’s final supplemental environmental impact statement states, “U.S. product exports are not sensitive to different scenarios of pipeline development.” Essentially saying that exports occur (and have occurred for more than 20 years) with or without Keystone XL and the project would not impact those those trends.

Nothing will be any different from how it's been for the last 20 years regarding crude or crude products exports.

Your arguments are false, are not based on facts, and have played themselves out.

 

[RoshawnMarkwees]

Here on planet Reality, petroleum of crude oil is up under Obama to the highest its been in almost 30 years.

U.S. Field Production of Crude Oil (Thousand Barrels)

That is the propaganda that is foisted successfully on the math-challenged whom the democrats bank on for support. You need to juxtapose that current level with demand and consider that the current level is in place as a result of policies enacted before Obama. The need for increased supply to offset increased demand has been intentionally stifled by Obama.
It's like pointing out that the food you provide for your four children is more than you provided when you had only three children but the problem is that you now have eight children and you refuse to get more food.

Under Obama, U.S. now leads the World in Oil and Gas Production, yet we see prices rising. Increased US production is not the answer. Countries like China who have a huge and rapidly growing need for oil will absorb all increased oil production. Since oil prices are determined on the world market, we can only influence prices but we can't control them. Anytime we produce enough to drive prices down, OPEC stands ready to reduce production to stabilize prices. Oil companies, not the public are the ones who benefit most from increase US oil production.

World's leading oil, gas producer: US passes Russia under Obama administration.

The highlighted part is the key. This hack president's intentional stifling of increased supply is the culprit.
I don't mind you obama apologist lefties being gullible and/or stupid. It's when that gullibility impedes my freedom via constriction of my budget that you need to be corrected.

 

[Siete]

build the keystone pipeline or stop crying!!!

why?

the oil belongs to Canada. The oil will be traded in the global market. The oil is NOT light sweet crude. The USA gets another pipeline and no useable oil for us.The pipeline will create a few temporary jobs until after its built and those jobs will be union jobs.

Who the hell is crying? ... oh wait, its the Republicans, nevermind.

No usable oil? Where the hell did you get that information? Our refineries were built for the grade of oil that will be coming from Canada. That IS coming from Canada. You don't think we already import a shit-load of the stuff?


a freakin' education.

my bad crude oil educated ... proponent of offshore drilling

 

[Pogo]

That is the propaganda that is foisted successfully on the math-challenged whom the democrats bank on for support. You need to juxtapose that current level with demand and consider that the current level is in place as a result of policies enacted before Obama. The need for increased supply to offset increased demand has been intentionally stifled by Obama.
It's like pointing out that the food you provide for your four children is more than you provided when you had only three children but the problem is that you now have eight children and you refuse to get more food.

Under Obama, U.S. now leads the World in Oil and Gas Production, yet we see prices rising. Increased US production is not the answer. Countries like China who have a huge and rapidly growing need for oil will absorb all increased oil production. Since oil prices are determined on the world market, we can only influence prices but we can't control them. Anytime we produce enough to drive prices down, OPEC stands ready to reduce production to stabilize prices. Oil companies, not the public are the ones who benefit most from increase US oil production.

World's leading oil, gas producer: US passes Russia under Obama administration.

The highlighted part is the key. This hack president's intentional stifling of increased supply is the culprit.
I don't mind you obama apologist lefties being gullible and/or stupid. It's when that gullibility impedes my freedom via constriction of my budget that you need to be corrected.

"Supply and demand" simply doesn't work your simple Dick and Jane way with oil. There are too many players for one country to make a ripple.