I find it to be near impossible for someone to have a valid perception of reality and maintain a clear and consistent preference of one political party over another.
I'm not sure the reasons are the same. Back in the day, they were blaming Katrina and uncertainty in the markets. Now the refiners are simply exporting 'excess' gasoline to keep domestic supply down and prices up. Supply and demand is a good gig if you can get it.All the smart people know the real reason for Rising Gas Prices and it's the same as it was when Bush was in office.
Both partys are in bed with big oil. Get real!
The perception caused by more drilling here will cause crude prices to fall. If the oil cartel is made to realize that we are serious about becoming energy independent, they will produce more to cause the prices to fall immediately.
Unfortunately, that just ain't true. Supply has increased to the point that we are net exporters of gasoline. Increase supply all you want, but the refiners will just export it to keep supply down in the U.S. This ain't your father's Economics class anymore.You can use BETTER TACTICS to LOWER that speculation..simply increase supply..
The one big reason behind the exorbitant high gas prices is that it affects almost every car driver (once again collectivism, hits millions, world wide billions) Same with all the change on famous places on the internet. They know were they need to put their psywar, on places were billions visit, mainly Google, Youtube and the news media.
Last edited by Xanadu; Feb 24 2012 at 10:20 AM.
Reduction of regulations (a form of government subsidy to existing producers) would allow new competitors to enter the market.
ObamaTax Delendum Est
Demand is not pushing up the price of gas, especially domestically. The (quantity) demand for gas has declined for 47 straight weeks.
As for supply, there is a bigger reason that Iran - refineries are going offline. Oil refineries are going offline due to decrease consumption, early spring maintenance, and some accidental fires.
"The supply of gasoline has been declining," Gheit says. "We have 700,000 barrels of refining capacity [that were shut down] in the last three months. That is almost 5 percent of U.S. gasoline production ... now offline."
Last edited by A Common Anomaly; Feb 24 2012 at 10:35 AM.
But for 30 years we had an energy policy that basically amounted to helping the oil companies make as much money as possible.
It is no surprise we are still so vulnerable to global oil prices but could easily have been mitigated.