who says a President doesn't affect gas prices??

[OnePercenter]

The Obama administration ostensibly supports America’s oil and natural gas boom, but government data shows that they have issued
the lowest number of drilling leases since at least 1988.
The total number of oil and gas drilling leases issued in 2013 reached a nearly three-decade lows, according to the Bureau of Land Management.
The bureau says it issued 1,468 drilling leases last year, totaling 1.17 million acres of federal land — the lowest figures since 1988, which is the oldest year for which the BLM has data.

When it comes to actually approving drilling permits in 2013, the Obama administration approved the lowest number since 2002 — only 3,770 drilling permits. This is down from 6,617 drilling permits that were approved in 2008, the last year of the Bush administration.

In 2013, it took 194 days on average for the BLM to approve oil and gas drilling permits — 99 days on average for companies to fix any problems with their application and 95 days for the BLM to approve the permits after problems have been fixed.

“Compare this to five days in Texas and 25 in North Dakota and it’s no wonder why production on federal lands has gone down,” Warren added.

Overall, U.S. oil production has boomed in recent years, but production on federal lands has been falling.
The Congressional Research Service reports that oil production on federal lands fell from 1,731,500 barrels per day in 2009 to
1,627,400 barrels per day in 2012, and the total share of crude oil produced on federal lands fell to 26 percent in 2012 from 33 percent in 2009.

Obama. leases the lowest amount of federal land in 25 years | The Daily Caller

So if the current gas prices are driven by supply... folks here is ONE distinct area the President can create more supply.. lowering gas prices.
Common sense should tell people that if there continues to be a growing supply the prices would drop.
BUT the federal land production dropping 38 million barrels a year HAS an affect regardless the size.

But yet Big milestone: U.S. producing more oil than it imports

For the Saudi haters: The majority of US oil imports came from Canada.

The President can't control oil and gasoline prices, both are controlled by rich people in the market.

If you want to lower gasoline prices at the pump, make it illegal to trade gasoline in the market and cap gasoline/diesel prices at $0.40 cents above taxes. After all, at the beginning of the 2000's, regular gasoline was being sold at $1.00 per gallon and the oil companies still made billions in profit/quarter.

If the market is controlled by rich people why do they allow prices to drop so dramatically?
/duh.

Profit taking.

 

[edthecynic]

The Obama administration ostensibly supports America’s oil and natural gas boom, but government data shows that they have issued
the lowest number of drilling leases since at least 1988.
The total number of oil and gas drilling leases issued in 2013 reached a nearly three-decade lows, according to the Bureau of Land Management.
The bureau says it issued 1,468 drilling leases last year, totaling 1.17 million acres of federal land — the lowest figures since 1988, which is the oldest year for which the BLM has data.

When it comes to actually approving drilling permits in 2013, the Obama administration approved the lowest number since 2002 — only 3,770 drilling permits. This is down from 6,617 drilling permits that were approved in 2008, the last year of the Bush administration.

In 2013, it took 194 days on average for the BLM to approve oil and gas drilling permits — 99 days on average for companies to fix any problems with their application and 95 days for the BLM to approve the permits after problems have been fixed.

“Compare this to five days in Texas and 25 in North Dakota and it’s no wonder why production on federal lands has gone down,” Warren added.

Overall, U.S. oil production has boomed in recent years, but production on federal lands has been falling.
The Congressional Research Service reports that oil production on federal lands fell from 1,731,500 barrels per day in 2009 to
1,627,400 barrels per day in 2012, and the total share of crude oil produced on federal lands fell to 26 percent in 2012 from 33 percent in 2009.

Obama. leases the lowest amount of federal land in 25 years | The Daily Caller

So if the current gas prices are driven by supply... folks here is ONE distinct area the President can create more supply.. lowering gas prices.
Common sense should tell people that if there continues to be a growing supply the prices would drop.
BUT the federal land production dropping 38 million barrels a year HAS an affect regardless the size.

You have been corrected regarding this lie dozens of times in dozens of threads, and yet you STILL post this lie!

Oil and Gas Industry Sitting on 7,200 Drilling Permits - NYTimes.com

The oil and gas industry has nearly 7,200 permits to drill on public lands that it has yet to use, according to Bureau of Land Management data obtained by Greenwire.

The unused, but still valid, drilling permits paint a starkly different picture from what industry and some in Congress have argued is a concerted effort by the Obama administration to lock up federal lands to energy production, said Dave Alberswerth, senior policy adviser on energy issues for the Wilderness Society and a former Interior Department official in the Clinton administration.

"I don't see how the industry and their allies can maintain with a straight face this fiction that somehow the Obama administration is unduly restricting their access to public lands for drilling when they're sitting on literally thousands of unused drilling permits," he said.

snip/

"This idea that somehow the Obama administration is restricting lands for oil and gas development is just a joke," said Alberswerth of the Wilderness Society.

The gap between issued APDs and new wells spudded seems to be growing, Alberswerth noted. In addition, operators in the Rocky Mountain West, in Wyoming in particular, have begun temporarily stopping the flow of natural gas from wells due to unfavorable prices, he said.

Last October, ConocoPhillips announced it was "shutting in" a small portion of its wells in the hope that prices will rebound in the coming months and years, according to a Reuters report.

DUMMY READ what the people who know a hell of lot more then you do say about it!!!

So, there are 68 million acres of leased land on which companies aren’t extracting oil,
but Obama went too far when he said oil companies "haven’t touched" them. As Bureau of Land Management Petroleum Engineer Bill Gewecke, who manages the onshore sites, told us, he "wouldn’t say untouched, would say undeveloped."

That’s because these leased lands that don’t contain productive drilling operations likely are not lying idle as Obama implies.
There are a lot of steps and procedures involved in setting up a productive oil well on leased land, both onshore and off. The Bureau of Land Management’s Web site lists the regulatory hurdles that need to be cleared as part of the larger five-step life cycle of a well.
The path to setting up an offshore drilling operation is even longer, as shown in a large flow chart developed by the MMS.
And there is a lot of activity occurring on leased lands that does not qualify as "production."
That’s a total of more than 15,000 holes that were being proposed, started or finished that do not count as "productive" holes.
Unused Offshore Potential?

Gee you cite the BLM in 2007 as knowing more than the BLM in 2011 that I cite.

 

[The Rabbi]

But yet Big milestone: U.S. producing more oil than it imports

For the Saudi haters: The majority of US oil imports came from Canada.

The President can't control oil and gasoline prices, both are controlled by rich people in the market.

If you want to lower gasoline prices at the pump, make it illegal to trade gasoline in the market and cap gasoline/diesel prices at $0.40 cents above taxes. After all, at the beginning of the 2000's, regular gasoline was being sold at $1.00 per gallon and the oil companies still made billions in profit/quarter.

If the market is controlled by rich people why do they allow prices to drop so dramatically?
/duh.

Profit taking.

You dont know wtf you're talking about. How is selling something you control for less profit taking?

 

[Sallow]

doesn't do any good to drill more oil if you don't have the refinery capacity. And oil companies have been closing refineries to keep the price of gas up.

Additionally?

Oil companies are producing more oil now, then in the past.

That's not something they want to do.

You don't make money when there's a glut of your product.

 

[Sallow]

If the market is controlled by rich people why do they allow prices to drop so dramatically?
/duh.

Profit taking.

You dont know wtf you're talking about. How is selling something you control for less profit taking?

Well no.

You don't know what you are talking about.

Businesses price their product according to several factors.

Most importantly cost to get it to market.

And what you think consumers will pay for your product.

Oil companies aren't under any compulsion, other than the "free" market, to keep prices down.

Welcome to capitalism.

 

[The Rabbi]

doesn't do any good to drill more oil if you don't have the refinery capacity. And oil companies have been closing refineries to keep the price of gas up.

Additionally?

Oil companies are producing more oil now, then in the past.

That's not something they want to do.

You don't make money when there's a glut of your product.

You're an ignorant moron. Like that's news to anyone.
]http://content.barchart.com/genericapi/cache/548d52e4578ce8ba12a369a4c713db8d.png

 

[nodoginnafight]

Because the president ought to be out there building more refining capacity

 

[The Rabbi]

Because the president ought to be out there building more refining capacity

He damnsure shouldnt be blocking others from doing it.

 

[healthmyths]

You have been corrected regarding this lie dozens of times in dozens of threads, and yet you STILL post this lie!

Oil and Gas Industry Sitting on 7,200 Drilling Permits - NYTimes.com

The oil and gas industry has nearly 7,200 permits to drill on public lands that it has yet to use, according to Bureau of Land Management data obtained by Greenwire.

The unused, but still valid, drilling permits paint a starkly different picture from what industry and some in Congress have argued is a concerted effort by the Obama administration to lock up federal lands to energy production, said Dave Alberswerth, senior policy adviser on energy issues for the Wilderness Society and a former Interior Department official in the Clinton administration.

"I don't see how the industry and their allies can maintain with a straight face this fiction that somehow the Obama administration is unduly restricting their access to public lands for drilling when they're sitting on literally thousands of unused drilling permits," he said.

snip/

"This idea that somehow the Obama administration is restricting lands for oil and gas development is just a joke," said Alberswerth of the Wilderness Society.

The gap between issued APDs and new wells spudded seems to be growing, Alberswerth noted. In addition, operators in the Rocky Mountain West, in Wyoming in particular, have begun temporarily stopping the flow of natural gas from wells due to unfavorable prices, he said.

Last October, ConocoPhillips announced it was "shutting in" a small portion of its wells in the hope that prices will rebound in the coming months and years, according to a Reuters report.

DUMMY READ what the people who know a hell of lot more then you do say about it!!!

So, there are 68 million acres of leased land on which companies aren’t extracting oil,
but Obama went too far when he said oil companies "haven’t touched" them. As Bureau of Land Management Petroleum Engineer Bill Gewecke, who manages the onshore sites, told us, he "wouldn’t say untouched, would say undeveloped."

That’s because these leased lands that don’t contain productive drilling operations likely are not lying idle as Obama implies.
There are a lot of steps and procedures involved in setting up a productive oil well on leased land, both onshore and off. The Bureau of Land Management’s Web site lists the regulatory hurdles that need to be cleared as part of the larger five-step life cycle of a well.
The path to setting up an offshore drilling operation is even longer, as shown in a large flow chart developed by the MMS.
And there is a lot of activity occurring on leased lands that does not qualify as "production."
That’s a total of more than 15,000 holes that were being proposed, started or finished that do not count as "productive" holes.
Unused Offshore Potential?

Gee you cite the BLM in 2007 as knowing more than the BLM in 2011 that I cite.

From the NYT article in 2011 citing BLM..

"Operators in the basin have been given a drilling window of as little as a few months as they move westward into critical habitat for sage grouse and big game species, Murphy said."
Ennenga said some operators in the West may also be struggling to find available drilling rigs as companies
flock to more profitable oil in North Dakota's Bakken or Texas' Eagle Ford Shale formation.
There's also a finite number of teams available to hydraulically fracture wells, Ennenga said.
Oil and Gas Industry Sitting on 7,200 Drilling Permits - NYTimes.com

NOW please explain how come the only two factors i.e. signing federal leases and the Energy secretary can affect the market is the President.
Explain why would Obama sign more leases when he has told us:Obama said I'd like higher gas prices, just not so quickly"
LiveLeak.com - Obama: Id like higher gas prices, just not so quickly

And so Obama hires people that believe that also like Energy secretary Chu, who said in 2008
“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe."

And now the facts:
Refinery shuts down putting 2,000+ people out of work due to EPA requirements even after per the EPA:
1)has recovered 99% (43.212 million gallons) of the released underground oil, with only an estimated 306,000 gallons of recoverable oil currently remaining underground, but being hydraulically contained so as to prevent migration off the HOVENSA site, while continuing to be actively recovered;
Waste | Region 2 | US EPA

The Bureau of Economic Research projected the V.I. economy as a whole would see a $580 million shortfall in economic output attributed to the refinery's closure.
http://stcroixsource.com/content/ne...26/one-year-post-hovensa-worse-it-gets-better

 

[Sallow]

doesn't do any good to drill more oil if you don't have the refinery capacity. And oil companies have been closing refineries to keep the price of gas up.

Additionally?

Oil companies are producing more oil now, then in the past.

That's not something they want to do.

You don't make money when there's a glut of your product.

You're an ignorant moron. Like that's news to anyone.
]http://content.barchart.com/genericapi/cache/548d52e4578ce8ba12a369a4c713db8d.png

You left a bracket in your "link" so it doesn't work.

Ignorant Moron.

 

[The Rabbi]

Additionally?

Oil companies are producing more oil now, then in the past.

That's not something they want to do.

You don't make money when there's a glut of your product.

You're an ignorant moron. Like that's news to anyone.
]http://content.barchart.com/genericapi/cache/548d52e4578ce8ba12a369a4c713db8d.png

You left a bracket in your "link" so it doesn't work.

Ignorant Moron.

You can't figure out how to access the link and I'm the moron?
Typical.

 

[nodoginnafight]

Because the president ought to be out there building more refining capacity

He damnsure shouldnt be blocking others from doing it.

He's not.
In fact we gave $1 billion to help one oil company (that is enjoying record profits) to re-tool a refinery.

Hmmmmmm facts sure are pesky little things, huh?

 

[healthmyths]

Because the president ought to be out there building more refining capacity

He damnsure shouldnt be blocking others from doing it.

He's not.
In fact we gave $1 billion to help one oil company (that is enjoying record profits) to re-tool a refinery.

Hmmmmmm facts sure are pesky little things, huh?

"FACTS"????

Please don't show yourself as such fool!
First you write a made up story.."we gave $1 billion to help one oil company (that is enjoying record profits) to re-tool a refinery."
and then have the audacity and stupidity NOT to link it so we can read it for ourselves!

Then to top THAT stupid action off YOU write:"facts sure are pesky little things,"

How dumb of you to state "FACTS" but you don't support YOUR hyperbole!
Give me the link to verify "we gave $1 billion..."

 

[The Rabbi]

He damnsure shouldnt be blocking others from doing it.

He's not.
In fact we gave $1 billion to help one oil company (that is enjoying record profits) to re-tool a refinery.

Hmmmmmm facts sure are pesky little things, huh?

"FACTS"????

Please don't show yourself as such fool!
First you write a made up story.."we gave $1 billion to help one oil company (that is enjoying record profits) to re-tool a refinery."
and then have the audacity and stupidity NOT to link it so we can read it for ourselves!

Then to top THAT stupid action off YOU write:"facts sure are pesky little things,"

How dumb of you to state "FACTS" but you don't support YOUR hyperbole!
Give me the link to verify "we gave $1 billion..."

He needs to be renamed "Nobraininthepan"

 

[healthmyths]

Because the president ought to be out there building more refining capacity

He damnsure shouldnt be blocking others from doing it.

He's not.
In fact we gave $1 billion to help one oil company (that is enjoying record profits) to re-tool a refinery.

Hmmmmmm facts sure are pesky little things, huh?

In looking for the "FACTS" regarding "we gave $1 billion.." I did a google search for "refinery given $1 billion.."
and found this very interesting FACT!
EPA’s list of billion-dollar rules is long and still growing. President Obama recently announced EPA would move forward with new greenhouse regulations for existing power plants, adding to the some 80 greenhouse gas related rules already proposed by the agency since 2009. H.R. 1582 will help protect Americans from potential adverse economic or employment consequences of future billion-dollar energy rules. Already finalized or proposed rules that are expected, based on EPA’s own estimates, to impose costs of more than $1 billion include: - See more at: EPA?s List of Billion-Dollar Rules Long and Growing | Energy & Commerce Committee

GHG Standards for Cars (MY Year 2012-2016): $52 billion
GHG Standards for Cars (MY 2017-2025): $144 billion
GHG Standards for Trucks (MY 2014-2018): $8.1 billion
Ocean-Going Vessels Standards: $1.85 billion in 2020, increasing to $3.1 billion in 2030
Utility MACT Rule: $9.6 billion annually
Boiler MACT Rule: $1.4 billion to $1.6 billion annually
Cement MACT Rule: $925 million to $950 million annually
Cross-State Air Pollution Rule/CAIR: $2.4 billion
Nationwide Sulfur Dioxide National Standards: $1.5 billion in 2020
Pending Rules and EPA Cost Estimates

Tier 3 Vehicle and Gasoline Standards: $2 billion in 2017, increasing to $3.4 billion in 2030
Nationwide Ozone Standards: $19 billion to $90 billion annually
316(b) Rule: $383 million to $4.6 billion annually
Coal Ash Rule: $587 million to $1.4 billion annually
GHG Standards for Power Plants: TBD
GHG Standards for Refineries: TBD

EPA?s List of Billion-Dollar Rules Long and Growing | Energy & Commerce Committee

FACTS!!!

 

[BlindBoo]

While the current Administration processed more APDs than it received from 2009-2011, it
received far fewer applications over that period than the previous Administration had received
from 2006-2008. Even though the number of pending applications has fallen steadily since 2008,
the ratio of APDs pending to APDs processed was higher than during the period 2006-2008. In
addition, there are 7,000 approved APDs that are not in the exploration or production stages
(approved but not drilled).

http://energycommerce.house.gov/sit...-gas-production-federal-non-federal-areas.pdf

 

[BlindBoo]

When Bush/Cheney left power, gas was $1.78 - the liberals cried fowl; claiming that it was so high, because of the two " oil men. " Now it is $3.64, and no blame on Obama; not a peep - liberals are full of shit!

In the summer of 2008 prices hit the $4.40 range.

In the summer of 2009 prices were down around $2.60 - $2.70

Why is that do you suppose?

In the 8 years of Bush/Cheney took over the average price of gas steadily increased until their recession became a meltdown.

When they finally left office the economy was also shedding half a million jobs a month too.

The refineries were stuck with a gasoline glut because so many people stopped driving to work.

http://www.randomuseless.info/gasprice/gasprice.txt

 

[nodoginnafight]

He damnsure shouldnt be blocking others from doing it.

He's not.
In fact we gave $1 billion to help one oil company (that is enjoying record profits) to re-tool a refinery.

Hmmmmmm facts sure are pesky little things, huh?

"FACTS"????

Please don't show yourself as such fool!
First you write a made up story.."we gave $1 billion to help one oil company (that is enjoying record profits) to re-tool a refinery."
and then have the audacity and stupidity NOT to link it so we can read it for ourselves!

Then to top THAT stupid action off YOU write:"facts sure are pesky little things,"

How dumb of you to state "FACTS" but you don't support YOUR hyperbole!
Give me the link to verify "we gave $1 billion..."

"The refineries that are linked to the Keystone XL tar sands pipeline as committed shippers will receive between $1 billion and $1.8 billion in tax breaks. They are paid specifically for investing in equipment to process the heavy sour oil the pipeline promises to deliver."

Keystone XL benefits from taxpayer subsidies | Oil Change International

I'm sorry that google proves to be just a little too tough for you.

But I'm not surprised.

Eat some FACTS.

 

[BlindBoo]

Oil, for lack of a better term, WORKS. Everyone is doing it. The Chinese, Russians, Indians, and Venezuelans thrive on it. Why should not US? The Pussy Environmentalists go hard at US soft center yet ignore the Global countries embracing OIL.

The US has always been one of the top oil producers in the world.

 

[healthmyths]

When Bush/Cheney left power, gas was $1.78 - the liberals cried fowl; claiming that it was so high, because of the two " oil men. " Now it is $3.64, and no blame on Obama; not a peep - liberals are full of shit!

In the summer of 2008 prices hit the $4.40 range.

In the summer of 2009 prices were down around $2.60 - $2.70

Why is that do you suppose?

In the 8 years of Bush/Cheney took over the average price of gas steadily increased until their recession became a meltdown.

When they finally left office the economy was also shedding half a million jobs a month too.

The refineries were stuck with a gasoline glut because so many people stopped driving to work.

http://www.randomuseless.info/gasprice/gasprice.txt

GIVE ME A FACT to support that claim..."When they finally left office the economy was also shedding half a million jobs a month too."
Because HERE are the monthly employment figures for 2008 "when they left offices"..
FACT from this table Employment, Hours, and Earnings from the Current Employment Statistics survey (National) Home Page

2008
Dec 2007 to Jan 29,000 fewer people in Jan 2008
Jan to Feb 49,000 fewer people
Feb to Mar 78,000
Mar to Apr 140,000
Apr to May 81,000
May to Jun 116,000
Jun to Jul 123,000
Jul to Aug 110,000
Aug to Sep 149,000
Sep to Oct 204,000
Oct to Nov 272,000
Nov to Dec 302,000
SO tell me how that works out to a "half a million jobs a month"???
The average would be 150,000 per month !

Based on your track record YOUR guesses are really really way off.
Please substantiate which you can't obviously your hyperbole!