White House seeks to deflect blame over rising gas prices

Discussion in 'Current Events' started by Professor Peabody, Feb 21, 2012.

  1. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    They can blame whom ever makes them feel better, but the average American will blame the last guy who said "vote for me and I can fix it".
     
  2. red states rule

    red states rule New Member Past Donor

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    I know that, but that has been the lefts excuse now for three years

    Now it is time for Obama to run on his record - which is why he is toast

    As I get ready to kleave for work, gas was $3.81/gal - I wonder what the price will be as I drive by the station this morning

    As some libs here have said - I have to "budget better" to cope with Obama's lame energy policy

    That would be ad to run on TV Professor. Blame the stupid voters for not being able to budget better in the Obama economy
     
  3. Iriemon

    Iriemon Well-Known Member Past Donor

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    3.6 million new jobs have been created in the private sector since Jan 2010.

    If you want to blame Obama for that, fine. Why would Obama need to blame someone else?
     
  4. Iriemon

    Iriemon Well-Known Member Past Donor

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    3.6 million new jobs have been created in the private sector since Jan 2010.

    Why would that record make Obama "toast"?
     
  5. Marine1

    Marine1 Well-Known Member Past Donor

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  6. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Its going to get worse, not better.
     
  7. Iriemon

    Iriemon Well-Known Member Past Donor

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    Jobs are always being lost and created regardless of the state of the economy.

    What is more important is whether more jobs are being created than lost.
     
  8. Iriemon

    Iriemon Well-Known Member Past Donor

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  9. DA60

    DA60 Banned

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    Peter Schiff describes (imo) why the main reason gas is going up - though I do think the middle east problems are also something to do with it:

    (his answer is in the first 6 minutes)

    [ame="http://www.youtube.com/watch?v=eQYy25kLijA&feature=g-u-u&context=G2f7dc6eFUAAAAAAAAAA"]The truth about rising gas prices, the stock market, & Warren Buffett's taxes - YouTube[/ame]
     
  10. gamewell45

    gamewell45 Well-Known Member Past Donor

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  11. k995

    k995 Well-Known Member

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    Of course, like in 2010 people are scraed republicans will come back to power and repeat the 2000's .
     
  12. k995

    k995 Well-Known Member

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    And they will see at his side republican candidates repeating what bush said for almost a decade and what resulted in the bigegst crash in a lot of generations.
     
  13. k995

    k995 Well-Known Member

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    Funny cartoons when you are out of arguments lol trying to hide the fact you dont have any arguments: very funny . lol
     
  14. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    I can easily tell your correct with the Democrats losing 63 seats in the House and 6 in the Senate in 2010.
     
  15. onalandline

    onalandline Well-Known Member Past Donor

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    What can you do? Oil companies are there to make a profit. You would have to look at why they are not selling it here then. Too much regulation? I don't know. All I know is that there could be much more production here in the U.S. Gas prices are high, and people do not like it.
     
  16. onalandline

    onalandline Well-Known Member Past Donor

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    I thought it was all about supply and demand. Hard to believe.
     
  17. DA60

    DA60 Banned

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    People - it is virtually IMPOSSIBLE for Obama's lack of drill-baby-drilling to be the cause of the high gas prices.

    U.S. demand for gas is the lowest it has been (apparently) since 1997!

    So there is no way that any kind of a shortage is the reason.

    I think the guy is a lousy POTUS - but his lack of drilling is not the reason for high gas prices.

    I am not saying he bares no responsibility.

    But a shortage of oil is not it.


    Plus, remember that the cancelling of the Keystone pipeline does not mean that oil cannot be transported...just not quite as cheaply.

    Trains could transport the oil that the Keystone pipeline was going to move.
     
  18. Iriemon

    Iriemon Well-Known Member Past Donor

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    That is a good question.

    What can we do when Big Oil is simply selling the extra gas and oil we produce here at home overseas to reap ever bigger profits, while we consumers suffer by paying higher prices at the pump?

    You could do what Palin did in Alaska, declare that oil is a national resource, and demand the oil companies pay a percentage of their revenues into the Govt coffers.

    You could impose a higher tarriff on exports of petroleum products that encourages domestic production to be sold domestically.

    You could impose a higher gas tax, which would force Big Oil to cut their margins to maintain their markets.

    Or you could invest in alternative sourcs of energy so the nation is not dependent upon oil.

    Of course, all of these actions would result in lower profits to Big Oil. Which is a cardinal sin to some political factions.
     
  19. onalandline

    onalandline Well-Known Member Past Donor

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    I don't know the repercussions of any of this. All I do know is that there could be more production.
     
  20. Iriemon

    Iriemon Well-Known Member Past Donor

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    I agree. We could endanger delicate ecosystems like the Florida Keys and safe drinking water and the like and produce marginally more oil than otherwise.

    But when it is just going to be sold overseas to the greater profit of Big Oil while the consumers still pay higher prices at the pump, to what benefit?

    Frankly, I don't see the strategic advantage of rushing to exhaust our own limited supply of this resource just to increase the profits of Big Oil.
     
  21. Margot

    Margot Account closed, not banned

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    Reducing the deficit..

    But you know.. either you have an expanding oil sector that provides employment or you kill it by forcing down the ppb.. and you buy MORE foreign oil.

    Do you remember in 1986 when Papa Bush BEGGED OPEC to raised the ppb?

    Domestic producers were going bankrupt because their lift costs were higher than the OPEC price basket.
     
  22. onalandline

    onalandline Well-Known Member Past Donor

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    There are environmentally-friendlier ways of extracting our natural resources these days.

    Why is gas so cheap in the oil-producing nations then?
     
  23. Iriemon

    Iriemon Well-Known Member Past Donor

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    You mean the trade deficit? That is true, it could do that.

    Those are good points. I'm not against a level of domestic production. On the other hand, until we do develop reasonable alternatives to oil, and we remain depend upon in, using our own limited supply and sending it overseas, means, ultimately, that we may be more dependent on foreign supplies in the long run.
     
  24. Margot

    Margot Account closed, not banned

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    Economies of scale..

    Their wells produce a half million barrels per day.. or more.. and they have integrated systems that flow from wellhead to GOSP, Cracking tower to Refinery to down stream manufacturing that cracks out Sulfur and Urea to make fertilizer.

    We have 178,000 domestic wells.. 70% of which produce less than 50 barrels per day.. and cannot avail themselves of good reserve mgmt.

    Heck.. we are still using rocker pumps.
     
  25. onalandline

    onalandline Well-Known Member Past Donor

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    I guess we'll just have to live with prices as they are, right?
     

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