Republicans have in recent weeks waged an all-out blitz against President Barack Obama over the issue of gas prices, but the political benefit could prove fleeting, if and when fuel prices decline.
The steady rise in gas prices this spring provides Republicans with their most immediate example of the pocketbook fleecing suffered by voters, prompting the party to pounce. While some indicators point toward a tentative economic recovery -- which could be to the president’s political benefit -- the lost income associated with higher gas prices has led the GOP’s presidential contenders and leaders in Congress to complain that it’s Obama’s energy policies that have contributed to upped costs.

Jae C. Hong / AP
Gasoline pricesare now averaging more than $4 in six states plus Washington, D.C.
And from Republicans’ vantage point, Obama is on the ropes on the issue. They point to his energy tour last week, which included a stop at the southern portion of the Keystone XL Pipeline, as an example of the White House’s response to Republican pressure.
“The issue of gas prices is near the top now in terms of what we're hearing from people,” said Republican Colorado Rep. Cory Gardner. “President Obama wouldn't be taking credit for a pipeline he has nothing to do with unless he weren't feeling pressure that he's not doing enough.”
Republicans are also encouraged by recent poll numbers, which make them think gas prices are a winning issue.
A healthy majority of Americans -- 57 percent in a Gallup Poll this week -- support the construction of the Keystone Pipeline, and four in 10 Americans called the energy situation in the U.S. is “very serious” right now.
But, for Republicans, living by the price of gas, might risk dying by the price of gas.
“We'll see how short-lived people's memories are,” said Oklahoma Rep. James Lankford, a Republican whose district is near the site in Cushing, Okla., that the president visited Thursday.
Lankford said he expected a drop in fuel prices this fall associated with the end of the summer driving season. But he also expressed concern that voters might grow accustomed to the higher gas prices, thereby allowing Obama to boast of the decline in prices before the election.
“I’m afraid we're going to set the same thing with gas prices where if we're down to $3.30 (a gallon), they're saying, hey, that's a good thing,” he said. “It does have the possibility of setting a new low and lulling people into that.”
There are other indications as to why Republicans might be taking a risk by betting the house on gas prices.
While voters call prices a serious issue, it ranks fourth -- at 8 percent -- among the most important priority among voters, according to the March NBC News/Wall Street Journal poll. By comparison, 18 percent of Americans called energy and the cost of gas their top issue -- making it second most important -- in August of 2008, when prices were similarly high, and then-Alaska Gov. Sarah Palin was voicing the slogan, “Drill, baby, drill!”
The administration hasn’t shown a willingness to sit back and concede the issue, either.
"Every time prices start to go up -- especially during an election year -- politicians, they start dusting off their 3-point plan for $2.00 gas," Obama said Thursday in Columbus, Ohio, mocking his Republican opponents. "They head down to the gas station and they make sure a few cameras are following them, and then they tell you how we’re going to have cheap gas forever if you just vote for them. And it has been the same script for 30 years -- the same thing. It has been like a bad re-run."
And liberal groups have come to the president’s defense, too.
“I think that the thing Americans understand is that giving oil companies everything they want is not going to solve our energy policies,” said Navin Nayak, the senior vice president for campaigns at the League of Conservation Voters.
Priorities USA Action, the pro-Obama super PAC, also went on offense by attacking Republican presidential frontrunner Mitt Romney for raising fees on gas during his time as governor of Massachusetts.
For his part, Romney has called for the firing of Energy Secretary Steven Chu, Environmental Protection Agency Administrator Lisa Jackson, and Interior Secretary Ken Salazar -- whom he dubbed the “gas hike trio.”
But in an effort to broaden his message beyond the exact price of gas (unlike rival Newt Gingrich, who’s premised his campaign on the promise of lowering gas prices to $2.50 a gallon if elected), Romney said he couldn’t promise to bring prices down.
“I'm not predicting they're going to go down to $2 per gallon. I know there are some who think that's possible. Anything's possible in this world, but I think gasoline prices are going to be high,” he said Friday on New Orleans’ WWL radio. “However, they don't have to be as high as we're seeing under this president, if we develop our own energy resources and provide them to the refiners ... in this nation.”
Romney’s comment belies the point, though, that gas prices are unlikely to go back to the lows they were at when Obama took office. The financial crisis and recession had driven prices to a relative low, though Republicans still figure to use that price against Obama despite the economic recovery.
“I think we just maintain the message,” Lankford said. “The easiest way to say it is that it was $1.87 when he took office.”


Best to be careful what you wish for... sometimes...
One more time for the short bus riders - the President does NOT control the price at the pump!
You can send your thank-you notes directly to the speculators driven by nothing more than GREED!
While everyday American's continue to take it 'up the gas'!
Reminds me of a trip to Jamaica when every other minute someone was playing the Shaggy song "Wasn't Me"
The looney libs from the left with their Fake Outrage (think Trayvon) and now gas prices.
Bush lied and went to Iraq for free f*ckin oil but Obama has his thumbs up his ass and shrugging his shoulders (Keystone). Yep Sounds consistent to me!
Americans know the difference!
One more time, for the short bus riders who equate sound bites with knowledge:
Feisty is right to say presidents do not control the price at the pump, although their policies influence the price at the pump. Neither do speculators control the price at the pump. Remember folks, every time a commodities investor (or speculator) buys a contract, another one sells. Commodities are called that because a large portion of the world uses them, regardless of the monetary unit they use to buy and sell. The price of commodities more truly reflects the law of supply and demand than anything else on the planet. Unfortunately, the price of bread and gas is a hot-button issue for lots of people, and high prices work to the detriment of incumbents, regardless of their party.
Republicans control oil prices and Republicans are in the back pocket of oil companies giving them one bold tax break after another. If President Obama controled gas prices, we'd be paying .15 cents a gallon!
Obama / Biden 2012
Michael - what free f*ckin oil are you talking about? In fact, Bush claimed that Iraq would greet us as liberaters and pay us back for the war with cheap oil. Then all of the Bush family oil buddies and Haliburton get all the 'no-bid' contracts and immediately begin negotiating prices with China.
And Obama's opposition to Keystone has been primarily based on the environmental concerns about the Ogallalla Aquifer, that were raised by the Repbulican Governor of Nebraska, along with his Republican congress.
But why let facts get in the way of your poor argument.
If gas prices go down as they always seem to in the fall, the GOTP is going to have to find or make up some other "winning" social issue like the war on women they are pushing now. Give it up GOP, you have nothing to offer the American people other than new wars, poverty, no health care and no Social Security. What losers! More wars and less of everything else for the middle class and poor, and no wars and more of everything else for the wealthy!
The President does not control prices not even the industry itself. WE ALL DO! Instead of topping off our tanks as the price goes up we should all put 5 gallons less in our tanks when we need it.
Here is what would happen to US gasoline inventories--250 million vehicles times 5 gallons each equals 1.25 billion extra gallons. Speculation by traders in that commodity would be turned up-side-down. Try it and see.
Why do republicans want the market to regulate itself, but then demand the President set gas prices?
Come on republicans... let the free speculative market work it's magic.
American Girl,
I'm going to ignore what my grandfather used to say and ask a question: If Republicans control oil prices then you have the data to show that prices are always lower when Republicans are in power and always higher when Democrats are in power, right?
President Obama should thought President Bush did when he was running for president. So did Nancy Pelosi and other democrats.
The GOP assumes Americans have a short attention span. Remember all the birther kerfluffle?
It's "crisis of the day" with that crowd. Tomorrow it will be something else, and talking about gas prices will be "dredging up old news".
That's how they get away with ignoring the Bush legacy. It's not quite "doublethink" - more like "don't think".
@ Mark-423819
Because the government broke that system long ago..
Side note: The government does have some control over gas prices, because oil producers in this country get permits to drill on federal land. Make a requirement for that permit that they have to sell 50% of the oil they get from the well at 25¢ above cost in US. Then let them price gouge the heck out of the rest of world. XD
Ron Paul 2012
Denver, you are so far off track when it comes to speculators. It is not supply and demand. It is purely greed. After the last run up in gas prices before the recession, all the reps said speculators had NOTHING to do with the high prices. THen after a GAO study, they reported the did indeed cause a large part of the price increase. They manipulate based on rumors, etc. Remember Enron???? The big investment houses kept issuing predictions of how high oil would go and guess what... within a week it hit that price. Then they would do it again. No supply and demand. Just rumours. Because Oil is such a huge part of our economy, they should require anyone buying oil to actually take ownership instead of pushing paper around and making a bazillion dollars. I will also point out the US was a net exporter last year. So please tell me how building the pipeline will lower prices? THey already revealed in Canada that prices will rise in the midwest due to the new pipeline and then they will keep selling to china, russia, etc... nothing for us bucko.
Gas prices will go above $5 and not drop until the economy collapses. Voters will rightfully blame the people that are in power.
Don't the Koch's control a good portion of our refining capabilities? and aren't they rabid anti-obama fanatics? and wouldn't they have the ability to affect the price of gas?
I mean the price of gas was skyrocketing even though the price of a barrel of oil was declining, and the real funny thing was it was all over the news for weeks that gas was at record highs before the price at the pump caught up with the propaganda. Just seems a bit convenient to me considering there is actually less turmoil in the Middle East than their was last year at this time. All I can do is shake my head when I see how easliy manipulated we have become as a population.
The republicans are the biggest bunch of liars, cheats and thieves imaginable. They should be outlawed.
Lankford got it right. This is what O'bama has in mind when he said he wanted the prices to go up, but go up slowly. People have very short memories and can be easily conditioned for just this situation.
You are a walking @!$%#ing cliche Fiesty.
gas/diesel use has been down the last few years,prices keep going up even though they said with less consumption it would stay lower. They are pumping more and selling it overseas so it the pipe line if added onto more will be shipped out. Their profits higher yet less oil and taxes here,one port in Tx has little on no tax on fuel being exported. More money big business less for the average American.
Well, let's think about this ... so this summer when fuel prices normally rise due to demand but rather drop (and without any measurable increase in global production), what does this mean? This means a continued anemic "recovery" and a trashed economy, and more out of work ... and Obama is going to run on THAT?
If fuel rises, it will probably be an indicator that some are getting jobs and are becoming more optimistic (why are they becoming optimistic? answer that yourself. we'll know the answer to that question in early November, won't we) But inflation is a huge part of today's fuel price problems and much of that is due to economic policy set by the current POTUS, whether you want to admit this or not.
Hmm the stock market soaring to record highs everyday, the job numbers better than they have been in 4 years, housing is up, manufacturing is coming back, we are drilling more than we were when shrub was in office and we almost have health care, everything is looking up from where I stand. Guess you guys just hate America and want her to fail, typical greedy republicans, if they can't win they don't want anyone else to either.
When Bush was president, the media were raging about the president needing to lower gas prices, in fact it seemed that they thought Bush could lower gas prices at a whim but was making everyone suffer instead. Now that Obama is president, they are raging about how the president cant even indirectly influenced gas prices and even if we started pumping every inch of american soil it wont have any influence at the pump.
I have to agree that the president doesnt have direct control but his policies do affect the prices at the pump. Also Chu, Obamas energy director had said we need higher gas prices, then gives himself a grade A, when prices are predicted to rise above 5 dollars per gallon..
http://blog.heritage.org/2012/03/21/chu-gives-himself-an-a-on-gas-prices/
WASHINGTON (CNN) -- House Speaker Nancy Pelosi Thursday blamed the "two oil men in the White House," President Bush and Vice President Dick Cheney, and their Republican allies in Congress for gas prices exceeding $4 a gallon.
In his April 25, 2008 speech in front of a gas station in Indianapolis, Obama PROMISED he would lower gas prices, if elected, and blamed Bush and Cheney for the high gas prices.
http://www.youtube.com/watch?feature=player_embedded&v=dnLP12X3EgM
Speculators can hold up this huge gasoline price bubble only for so long then it's gonna crash.
Hope every speculator gets burned.
.
Obama blame Bush when the price of gas went up to $4, now that Obama in the same position we are entitled to blame Obama by the increase in the price of gas as did it previously. However, there is a difference, Bush dropped the price of gas in a short time, because he was intelligent and work with oil companies and also to open public lands to drilling, Obama as a liberal for the environmental wackos has done all the reverse to reduce the drilling on public lands, but he can not lie by saying that we are producing more oil because of his policies , thinking that we are so stupid to believe in that, Obama has no chance to bring prices down 3.50 a gallon because their energy policies are wrong and inflation and the devaluation of the dollar are boosting the price of gas.
@wives fan,
Despite the tenor of your post, and once again ignoring what my grandfather told me, I will attempt a reasoned argument. I say "reasoned" because that is all I claim. I am not a banker, a commodities investor or an economist.
(1) If by "greed" you mean the desire to make money, I guess we are all greedy to one extent or another. The difference is in the means. If by "greed" you mean the desire to make money that someone else earned and without any constructive work, then I cannot dispute that some commodities traders are greedy. So are some bankers, some lawyers, some business owners and some welfare recipients.
(2) I agree with you that commodities traders do have some impact on the price of commodities, by how they place their bets. So do lawmakers by how they legislate, vehicle owners by how they consume, and oil cartels by how they supply.
(3) Every time a commodity is traded, there is a buyer and a seller. Anyone who doesn't sell at some point before the strike date is required to take delivery on the commodity. I don't believe that forcing all buyers is a good idea, although I would support traders having to post more money on the margins.
(4) I never mentioned the oil pipeline. I have no idea how it would affect gas prices. I do know it would create jobs.
Typical BS brought up by these hypocritical Southern Christian, gun toting right wing #ss-nuts blaming the Prez for current high fuel costs! Wahhh-wahhhh-wahhhhhhhh.... Where these same numnutz blaming DICK the Cheney when he profited at Haliburton when fuel was 4-5 bucks a gallon during BUSH's tenure?
Convenient short term memory loss as usual!
Since your memory is so good about the Bush era, then you can remember the blame he took for those gas prices.
Now get in front of a mirror and say it.
Hey Brotha
Soros Obama's buddy purchase 69 million of dollars in stock from Halliburton ,so I can say the same from Obama, Soros also owns millions in stock in Pretrobras the Brazilian oil company , that Obama offer 5 millions of dollars to produce oil for USA when Obama went to Brazil, crony capitalism or corruption, as Kornfed said, get in front of the mirror and say it.
American Girl,Although I have my doubts
You say if the obama bafoon had control it would be $.05 a gal. Is that because it is used to paying that price in Kenya and Pakistan?
Why not go for some serious reading on the topic?
Ah, but Kornfed, you're overlooking the important symmetry between these situations.
In 2008 the Bush Administration and other Republicans refused to consider reasonable regulation of the rampant speculation which was the REAL cause of the inflated prices.
Today Republicans in Congress are blocking reasonable regulation of the rampant speculation which is the REAL cause of the inflated prices.
Gee, what's the common thread here?
I feel sad for America. The breaking the economy of the American family was planned.
The election process is rigged.
Freedom is an illusion.
Bring our troops home and end these fake wars. Obama lied and our soldiers died.
Real American - while I rarely agree with the GOP on anything, I do on one point. They assume the average American has a short attention span. Truer words have never been spoken! It's one of the reasons we're where we are now. All you have to do is watch the GOP primaries and how it has been the "flavor of the week" for months now. If that isn't a short attention span, I don't know what is!
Putting in less each fill-up won't make a difference if you end up going to the filling station more often. What would make a difference is to persuade enough people to use less fuel every day of every month. A brief drop in fuel consumption would hardly be noticed by the oil companies and speculators, but a sustained drop in fuel consumption would make a big difference.
Lots of little savings can add up. Make sure your tires are properly inflated. Drive reasonably, going light on the gas and easy on the brakes whenever possible. Avoid unnecessary trips, combine trips when possible. Carpool if you can. Telecommute or work from home if your job permits it. Walk or ride a bike instead of driving whenever it is practical. If you're looking to purchase a car, look for the best fuel economy that fits your needs and budget. If everybody started following those simple rules, the effect would be dramatic.
The price of gasoline was $1.84 when Obama took office. It is now approaching $5 per gallon. With the amount of gasoline Americans use, that's an additional $240 Billion per year out of the family budgets ($2.4 Trillion over 10 years).
If you think families are struggling now under Obama, just wait until this starts to hit home in higher utility and food bills.
Congratulations on that "Change we can believe in" that you voted for.
The whole "oil price" issue is a distraction invented by Obama supporters to hide his dismal Presidency.
A couple of things come to mind here...
#1: Congress, if it really were concerned with the benefit of the AVERAGE American, should immediately pass a law restricting sales of US produced oil products outside the US. Further, an immediate and across the board freeze of oil subsidies should be enacted. Additionally, restrictions should be made on the amount of profiteering.
These things will never happen, because Congress is in the pockets of the big oil companies. The Greedy Obstructionist Party majority in Congress will continually allow this vast profiteering to go on, to the detriment of the American people, and to the benefit of the wealthy cabals that finance their election campaigns. That's what it's really all about.
#2: The RepubliCON party has made it plain, repeatedly, that their agenda consists of one thing, and one thing only. Defeating the incumbent President. Well, shouldn't their agenda consist of one thing and one thing only, namely the benefit of the average American? What happens when some Greedy Obstructionist Party hack gets elected. He has therefore met his only campaign promise, and he can (and will) do to you whatever he wants to do. Cut taxes for the wealthy, eliminate your health care, slash your Medicare and Social Security, and run the Middle Class out of existence. The only people who will benefit from this are the already-wealthy. Read your history. What happened at the end of the 19th Century is happening again.
#3: Willard, Sanctimonium, Delirious, and the Lizard all have proven track records. They all have a default position, and accomplishments/failures that are part and parcel of who and what they are. If you want to know what kind of President any of them will be, look at their past performance. Whatever they're promising, is just smoke and mirrors to get elected. They will all revert to type, because that's what the CONservatives do, by default. They are incapable of forward-thinking, fair, or innovative thinking. They are regressives. By definition.
The RepubliCON, Greedy Obstructionist Party is only interested in doing one thing: Fondly and nostalgically reminding you about past times, when things were a little easier, and trying to be folksy when they explain that the current problems you are facing are to be blamed on the other guy, and then making you afraid of the opposition. They have no solutions. They have nothing but what they've done in the past. Every major recession/depression in U.S. History happened as a result of RepubliCON presidents, letting business run all over the common citizen/consumer. Read your history, folks, its there, plain as the nose on your face.
They all are espousing this "better America" thing, but the reality is, my country is just fine. If the CONservatives would stop blocking progress, things would get better. They are getting better in spite of the most rampant obstructionism since the Andrew Johnson administration.
Women, the poor, the middle class, and just about everyone else who isn't wealthy have all been targeted one way or another by all of these phonies.
Are you going to be responsible for hastening the demise of the greatest Nation on earth, by letting the RepubliCONS further wreck our country? If you cast a vote for any of them come November, that's exactly what you'll be doing. They clearly do not espouse any policies that support this society, or the citizens in it. How can they claim to love America, when they clearly hate the average American?
Wow, all it's gonna take is for gas prices to go down, (which they won't, anytime soon) and everybody will forget about the whole thing and rush out to vote for Obama...right? Uh, what has to happen then to make us forget that we have actual unemployment somewhere around 16%; we can't sell our houses, that are worth 40% less than they were three years ago; our savings are earning .25 to .50%; the deficit is now over $16 trillion; our military are about to get screwed out of their benefits, after ten years of combat; our taxes are going to go way up;......??
Because gas prices being up signifies our improving economy so they can't complain about that today...they'll always find somethign and if not, in the end, guns & abortions baby!
At the present time, the United States is consuming about 19.5 million barrels of oil per day. Roughly half of that is processed into gasoline. The United States consumes a little over 138 billion gallons of gasoline in a year. The 2009 estimate of registered vehicles on the US highways was 254 million.
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2174rank.html
http://americanfuels.blogspot.com/2011/02/2010-gasoline-consumption.html
http://www.bts.gov/publications/national_transportation_statistics/html/table_01_11.html
- average gas consumption in the US is 382,586,121 gallons per day
- averaged over each registered vehicle, each vehicle consumes 1.5 gallon per day
- averaged over the population, each person consumes 1 gallon per day
- averaged over the number of employed, each worker consumes 2.6 gallons per day
Here is an interesting article about gas prices. Of course, information like this only suggests that the bloated oil industry does not really need Keystone XL.
http://www.csmonitor.com/USA/2012/0223/As-gas-prices-rise-should-US-oil-industry-stop-exporting
The price of gasoline is NOT going to be affected until Congress and the President addresses the problems created by Wall Street.
http://www.csmonitor.com/Business/Robert-Reich/2012/0319/Gas-prices-rising-Why-GOP-won-t-address-real-cause
Yes, this is from the 'liberal' Christian Science Monitor. The far right fringe always labels anything that does not support their views as 'liberal', don't they?
So many programmed robotic responses.
The PRESIDENTS FOREIGN POLICY, has a direct relationship on the price of gas.
The PRESIDENTS ECONOMIC POLICY has a direct relationship on the price of gas.
BOTH POLICES ARE FAILURES for the US, and the PRICE OF GAS, reflects this.
What seems to be the case is that oil and therein gas prices always go up at Tax refund time. Always. When Mr. Bush gave "us" our tax surplus back in the form of 200 and 300 dollar checks the oil markets POUNCED like Pumas to raise barrel prices up in time to obtain that small wealth for themselves. Speculation is the driver for the market. When you have the nations surplus released with the Saudis increasing production you then have a speculation play the opposite direction and a chance for those speculators to actually loose money for speculating up instead of down which has been the case.
It would seem the Saudis long standing refusal to increase production thus far until no had to do with Mr. Bush's refusal to do something of significance to Iran as the Saudi king had said behind closed dooors. We now know his to be the case from Wiki Links was it? Hmm. Indeed. ;] So as retribution the Saudis hit the American people financially. By taking our tax refunds every time we get them thus far. As gas again is headed to record numbers just in time right? Savvy? Good.
Options? Get cracking on green. Even if its not green have a GO at alternatives. Make the market favor us. Technology is there but so many Americans wish to continue to line he pockets of BIG HUGE oil and thereby lining the pockets of the Saudis Iranians Iraqis etc etc.. ;] We can do it all until we do what we the people want. Oil is the CARTELS game. The OPEC cartel. CARTEL being the key word. We need American games to play. Do you see? ; ]
Cheers
Most of what I see on these posts is an example of the blind leading the blind.. People who believe that the government doesn't raise the price of gas are not only blind but insane also. The gov. taxes the snot out of gas and oil products. They also cause higher prices for crude by not drilling and producing our own resources. High gas prices is wrecking our economy. Have you bought groceries lately or appliances or any other durable goods? If you have you have seen the higher cost of everything. Have you noticed cake mixes and many other products shrink in size to try to hide the rising costs? Have you noticed all the vacant store fronts at mini malls and other business districts? Have you lost your job yet or are worried about loosing it? Have you noticed the president lying about supporting the Canadian pipeline? If you have done or heard any of these things then you know the plight or our nation and also know to vote out the cause of these problems and that is to vote out Barack Obama and Democrats in November. Enough said.
buying less gas wont do anything to the price.the very same people that got your kids jobs are now spending their money buying the gas you should have.free trade has increased their standard of living at the expense of our children and elderly.furthermore increased producing/drilling wont drive down the price either.as long as we have free trade the oil companies are going to sell to the highest bidder.free trade is the fundamental reason the developed countries are in decline.big business makes record profits replacing us and they use a portion of those profits to see that people that represent only them are elected.my own opinion is this is a concerted effort by the wealthy to form a one world government.they meet every year to discuss how the transition is progressing.60 minutes ran a story on this meeting.what they werent allowed to say was the purpose
I&G, you're so right I was putting gas 4 times a month now I'm down to 1 time every 2 months, so that is 7 times less for the Oil companies, I decided to work from home instead of commute, hell I'm thinking of selling the car and save on my registration, insurance, smog check & vehicle maintenance, wonder how many people will lose their jobs in the long run ..... Now who will be to blamed for that one?
The gas price crisis didn't start yesterday... or during this administration for that matter. The Free Market philosophy is however a major player. While market driven forces shape any economy, such is never any reason or excuse to leave intelligent planning and foresight out of an economic or energy strategy. The Free Market doesn't have a brain. It is kind of like someone buying a SUV and then expecting the price of gas to remain cheap just because they want cheap gas. Yes, the high price at the pump will prompt oil exploration and the design of a more fuel efficient SUV, however these changes are slow and always lag well behind the economic driving forces. Thus they are not suitable for keeping up with other market dynamics such as the rapid third world growth that is straining oil prices. Thus it requires more complex minds to accomplish the interpolative thinking that is required to solve the dynamically complex problems of the modern world. So instead of just expecting to drill our way out of the problem, a more comprehensive approach is required. For example, one might calculate how eliminating stop and go traffic during rush hour, might free up more oil than "drill baby drill" ever could, and other creative traffic management techniques such as large scale traffic circles for surface streets could save gas and knock down pollution levels. We also need to figure out how to tap the energy from that big Fusion Reactor in the sky... as well as geothermal energy already stored on Planet Earth. Intelligent planning is the only way to stay ahead of the curve.
I've listened to a few dopes on here say that the Speculators aren't the ones driving the gas prices up. The fact of the matter is, if the government had made a CONDITION to purchase oil on the Market, by making these Speculators TAKE PHYSICAL POSSESSION of the oil they purchase, while driving the price up and making themselves millions and millions while doing it, you wouldn't see gas prices where they are right now! This has been going on WAY before Obama was president. Your ass kissing Republican oil company lovers could have put a LID on it years ago also.
THERE HAS BEEN NO ENERGY POLICY EVER, IN THIS COUNTRY AND PAST REPUBLICAN PRESIDENTS ARE JUST AS CULPABLE AS ANYONE ELSE FOR NOT REIGNING IN THE OIL COMPANIES
Great links, Nerm_L, thank for sharing. Speculation and domination of the market by big players is a HUGE part of the problem. Thinking people should DEMAND that their lawmakers convene hearings on the way these fat cats on Wall Street are stealing from the American people through greedy speculation.
Meanwhile, your link here http://www.csmonitor.com/USA/2012/0223/As-gas-prices-rise-should-US-oil-industry-stop-exporting is an outstanding piece on how the oil industry itself is driving up prices. This quote particularly grabbed my attention;
And yet Conservatives are in a lather over delays in the proposed Keystone XL pipeline, which has no purpose other than to reach EXPORT MARKETS through Houston. If that weren't the case that oil could be refined at existing facilities in any of about 7 states in the northern US.
Facts and understanding seem to elude this GOP. Indeed, they are driven by one goal and one goal only - to defeat this president. Unable to bring their party together to help this country due to the TPer influence and the like of such radicals as Grover Nordquist, this band of naysayer presidential candidates present any and every radical viewpoint they can come up that they think will stick. Now it is gas prices.
Fact is, only socialist countries have 'cheap' gas. Even Chavez sees to it that what comes out of the ground in his country stays in his country for the benefit of his people. God forbid free market capitalists should even consider such a thought. Instead, we as taxpayers pay huge subsidies to the oil companies to produce more oil for us. We as taxpayers pay for tax breaks and incentives to the oil industry to further that endeavor. And what do we get? Higher gas prices as we fund the development of third world countries desperate for gas to build their economies. And, the US is now a net exporter of oil products to the world as refined oil products top our list of exports - aside from jobs. All oil produced is sold on the world market, a free-market capitalist way of selling US oil produced and refined with the help of taxpayer subsidized dollars to the highest bidder - not the lowest.
Demand for refined oil products such as gasoline, diesel, and fuel oil are at a new low in this country because of the conservation efforts of we the taxpayers and the use of alternative energy sources. Enough Americans understand the environmental impact of drilling in perpetuity and the negative result it will have in the end on the water we drink and the air we breathe. But I digress as surely there will be cries from the GOP about how you can't trust science and voodoo ecology theories.
Yes, the price of gas will resonate with the GOP minions as that is exactly what they want - something to stick, anything. Anything at all to remove this president. No matter if it makes sense or not. No matter if more jobs are being added to the economy with unemployment steadily improving along with GDP, the positive state of the stock market, and the ending of a couple ugly wars. But again I digress.
It's all about the price of a gallon of gas.
OH where to begin.
1. As has been pointed out, when gas was high under Bush, democrats gave him 100% of the blame. Never mind Democrats refused to act on Bush's energy policy which he proposed in 2006. A deliberate act by democrats to drive up oil prices.
2. Obama's administration has had a direct affect on raising the price of oil through QE2. No libs, this does not stand for Queen Elizabeth II, this was Obama's stupid Quantitative Easing, which devalued the dollar, which caused the price for a barrel of oil to rise.
3. Commodities speculators provide a critical role in leveling the price and supply of oil. While on paper it may sound like a good idea to require delivery of the oil to speculators, this would have the same affect as to stop all speculation in crude oil. The result would be wild gyrations in the price of crude oil prices and supplies, both up and down. BELIEVE ME, YOU DON'T WANT TO GO THERE!
Some people have to work for a living and some people can sit at their desks all day monitoring the net when they are supposed to be working waiting for articles to show up so they can grab the first spot and use the time they are supposed to be working commenting. The bosses would dearly like to know who is being paid to sit at their desks and using the company computer, ISP and time to get paid for doing nothing.
Anyhow Obama will not have to worry about gas prices going down. Iran and Syria have him over the barrel and either way it goes, he is against the wall. He is dithering and sitting on his thumb while the 11 U.S. Aircraft Carriers are doing what??????
One should be stationed permanently near the straits to show the flag and one of the European aircraft carriers should be there too to carry the joint message. Then oil and gasoline prices will come down.
Otherwise get it over and get gasoline and oil prices down.
The fool Obama cut research into clean cheap Hydrogen fuels 90% while China, Japan, England and Norway are spending billions. Norway builds hydrogen cars, has hydrogen service stations and even nickname a highway Hydrogen Alley. And the U.S........??????? pays billions to import oil and has inexhaustible amounts of hydrogen fuel in every lake, river and ocean.
Washington talking about energy independence goes back to at least the oil embargo of the 1970's, and so far nothing. All Washington ever does is talk a good game. But the fact remains they have done nothing but ensure oil prices rise so that the oil companies that are well connected to both political parties can make obscene profits. We even send our troops to the middle east to protect their investments.
Obama is promoting green energies that don't have even a remote chance of meeting this countries energy needs, but they do allow for some crony capitalism. There will never come a day when anyone in Washington is actually serious about energy independence as long as the oil companies are still making profits out of the last drops of petroleum in the middle east. This is a problem that would have, could have, and should have been solved years ago with any real effort from Washington.
Ummm, hardtostarboard, I hate to derail all your serious lecturing, but the price of oil ISN'T volatile? Yes, speculation is always part of the market, but at this point speculation has come to DOMINATE and CONTROL the market. That's the problem.
Our biggest problem is that we ship most of our oil to other countries rather than keeping it for our own use..... Secondly, even if we begin to drill now, or even start the Keystone project, it will take over 10 years for anything to visibily show up in our gas prices. Problems are taxes charged by not only the Federal government, but also the state and city governments. Have any of you ever researched how much of the gas price you pay is to pay taxes? It's not only the Federal taxes.....the biggest chunk is for state taxes. I know, here in California, we pay a small fortune to Sacramento in gas taxes, which is supposed to be used to improve our roads....that's not happening. The money is going into the General Fund, which is being used for other boondoggles within the state. It certainly seems to me that President Obama is on the right track when he says we have to start looking for alternative fuel sources NOW and not wait until it's too late. With the "lag" time it takes to get anything accomplished, NOW is the time to start working on alternative sources. The longer we wait, the more we're going to be beholden to the oil companies (who own most of the Republican politicians AND the Republican candidates). We also need to STOP paying oil subsidies to oil companies; they make MORE than enough in profits....why are we paying them a subsidy?
Potatoes lol Idaho is going to be happy.
http://bitly.com/eN4Mo1
The holy grail of renewable energy research may lie in the cooking pot, according to scientists.
The search for a cheap source of electricity for remote, off-grid communities, has led to batteries that work on freshly boiled potatoes.
One slice of potato can generate 20 hours of light, and several slices could provide enough energy to power simple medical equipment and even a low-power computer, said a research team from the Hebrew University of Jerusalem, Israel.
Why cannot the Canadians ship their oil out of their own ports on the Atlantic or Pacific coasts ? It would be cheaper for them to do so. I am sure that it is not because they have our welfare at heart.
Several reasons actually;
- It's a lot farther than you think it is, with some of those miles (kilometers?) through hostile territory like the Canadian Rockies.
- If this Diluted Bitumen (dilbit) product spills it's even more difficult and nasty than conventional crude. Canadians have already spilled some of this stuff and some communities are already becoming resistant to piping it through their areas.
- Contrary to Conservative lore there's plenty of refining capacity in the Unite States...enough for finished petroleum products to become a large and very profitable export item.
- Much of the money for this project is to come from wealthy Americans, most prominently the Koch brothers...which wouldn't have anything to do with why Conservatives are working so hard to force this project through, now, would it?
Doesn't matter.
As long as gas is 4 bucks a gallon and the SCOTUS tells our "Constitutional Lawyer" President that he signed an unconstitutional POS, my dog could win the White House in November.
Michael - Only if your dog's name isn't Mitt, Ricky, Newt, or Ron........
Obama/Biden 2012
I almost feel bad about your dilusion and uniformed status.......almost
It can be tough to admit that your political opponent is right but tell me I'm wrong.
$4 gas - ObamaCare flushed - unemployment above 8% against someone that actually looks Presidential........fuhgeddaboudit
We'll see what's dilusional, come November............
Obama/Biden 2012
I wouldn't hold your breath waiting for Newton, Richard or Willard to look or act Presidential. You'll turn blue before they do.
It can be tough to admit that your political opponent is right but tell me I'm wrong.
Michael - WTF are you babbling about? What political opponent is right, and about what?
Wassa matter Michael 1969..(Is that the year your were born?) You don't want to support the President's Iranian policy? Comon now go back to your room and put on your big boy pants and THINK! What did you believe was going to happen to the price of gas when we started putting pressure on the Ayatollahs?
You no likeee the free market? Too much "regulation" for ya?
Another chicken hawk trying to sound like a tough guy! Yeah right!
GT - I am terribly sorry your grasp of the english language isn't up to snuff but I'm fresh out of Crayolas otherwise I'd help ya out......Now scoot on back to the kiddie table
Why in the world would you care what year I was born?? You're not one of those weird sexual freaks are you (Think Feisty DumbFux)??
LMAO - WHAT policy????!?!??!??!??!?? - yer funny
Love the free market.....let's head up to Anwar, I'll even bring the shovel...lol
GT - I am terribly sorry your grasp of the english language isn't up to snuff but I'm fresh out of Crayolas otherwise I'd help ya out......Now scoot on back to the kiddie table
Michael - You need more precise as to who you are talking about. You are starting to sound like that "Dog" that you are backing in November, which I assume is that corporate chop-shop manager, "Cheesy Grits".
"Love the free market.....let's head up to Anwar, I'll even bring the shovel...lol"
Sorry dude! The likes of you wouldn't last 10 minutes in the Alaskan Winter..You'll need more than a shovel to penetrate the permafrost. But you knew that didn't you. What a puss!
So Michael wants to 'dig' for oil up in
AnwarANWR. I'll be happy to watch that process.So let me get this straight. . .
After gas hits five dollars a gallon this summer, and drops back to four dollars after Labor Day, folks are going to be----happy?
It's going to be a non-issue?
The cultists are more delusional than I even imagined.
What's that brown goo around Mikey FUBAR's mouth? I wonder what anus little Mikey has had his mouth on...that surely can't be hair...must be either elephant or donkey ass.
Michael: Just because you, those you discuss politics with, and (possibly) the conservative media commentators you listen to are all adamant in believing "anyone can beat Obama in November," doesn't actually make that the case outside of your own closed circle. It is possible that someone may beat him, but polling and common sense about how the primary has gone thus far prove that it isn't looking likely with Romney or Santorum at the helm.
I'm a bit of a statistics nerd, and I would put money on Obama winning in November.
Classy Mickey.................I guess that makes you the bigger person.
Scumbag Michael1969:
Loves the free market. Doesn't like high oil prices.
You posted that right after you said your dog could win the White House?
That would be the current policy we have in place. You have the Internet. Use it.
Paul, while Mickey may have been a bit immature in his reply, sometimes you have to lower yourself to the standards of whom you are replying to so they can better understand what was typed.
Obama/Biden 2012 and you can be assured you will not see full time employment for a long time! Think not? Walmart, Target, Marshalls, and many other companies are already gearing up for it and employing its workers just enough hours to avoid benefits! The small businesses will catch on when the time comes and will do the same. Gas prices? They were $1.87 a gallon before Obama took Office. Now? National Average at over $4. Obama could run a Cult he is such a talker. He has plenty of those sucker followers doesn't he. Hey, all the ones in Detroit that thought they were going to get free Obama money? Dumb@@@ believers. Keep that cheerleading going for that "team" your rooting for. As for the one who says Obama would put gas at .15 a gallon if he could? What planet do you come from? Wasn't he the one who preached transparency? Wasn't he the one who was just caught making deals under a hidden mic? Remember, he is a dirtbag Attorney! When their mouth is moving, lies are being produced.
What kind of gas where you buying at $1.87 / gallon back then tothetop777 ??????
BUSH / Cheny had gas around the same price as it is now! Cheny profited so much from high gas prices back then... Amnesia I'm thinking huh TT777? You gun lovin' southerners seem to only remember low fuel prices back during the 1st Bush presidency, confusing it with GW during his tenure, then blaming the current Mid East crisis and high fuel costs on Obama blaming him, "why can't I buy cheap gas anymore like I did when Bush was president!"
The whole "oil price" issue is a distraction invented by Obama supporters to hide his dismal Presidency.
"Paul, while Mickey may have been a bit immature in his reply, sometimes you have to lower yourself to the standards of whom you are replying to so they can better understand what was typed"
Umm NYMike, if you have to lower yourself to any standard you basically lost your point. I'm thinking this is a weak way that you support what Mickey said, which is fine. But you know Michael 1969 wasn't talking or mentioning anything Mickey was saying, so you have your opinion and I have mine. My comment towards Mikey wasn't a put down where his was. But I guess that make Mickey a classey person you know?
Yawwnnn......okay, one more time:
If we drilled every bit of US Oil resources we would have a little over 2% of the Worlds oil supply. We consume over 19% of the world's oil supply. DO THE MATH, people.
'Drill Baby Drill' and ;Trickle Down Theory, 2 GOP notions gone that have gone extinct with the dinosaurs.
Stop wasting time with the oil addiction. Its FUTILE! The gap can only be filled by natural gas/biofuels, solar, Wind and yes, some nuclear as well. Those would be ALTERNATIVES and RENEWABLES.
Why does the GOP want to take us back to the dinosaurs?
Obama will lose because of his total body of work and there are so many things that the Super Pacs are going to make sure his actions are totaly vetted and light shown on his policies and those things will get him booted out, the last 3 incumbents with UE % 0ver 7 lost and he will be no different the High Gas prices are not needed to get him defeated but they wont help him as they have him on tape saying it wasBush`s fault so for him to now say theres nothing I can do?????????? Not gonna fly IMO
Killing Osama, saving the American Automobile industry, withdrawing troops from Iraq, removing Qaddafy and Mubarak, keeping us from falling into a deeper recession after the housing bust of 2008....you mean that body of work?
I swear, Republicans think a President should walk on water, although every Republican President in the modern era has either dragged us into war, or wrecked the economy.
@ Amy. The last president managed to drag us into TWO wars AND wrecked the economy! What a great republican!
"I swear, Republicans think a President should walk on water"
Republicans think Democrats should walk on water and not doing so means they are failures as both politicians and people. Thankfully it seems enough Americans are getting tired of the GOP's empty rhetoric and Obama bashing.
Let's see Amy, by saving GM and Chrysler, I help pay for that and GM's stock has to be at least $56 a share to break even. What is it today? Closed at $25.28, so there's money wasted. Now if you mean it saved Union jobs that gives to Obama, than yes he saved the Union. Obama had nothing to do with troops in Iraq and you know this. He help removed those two leaders, didn't do it all by himself, but look at their government now!! Deeper recession than 2008? Really? More people say we are worse off now than 4 years ago. Unemployment higher now than 2008. Everything ranging from gas to food is higher. More people on food stamps than ever. Again, how is this a good thing?
Wayne,
You saying AFG wasn't a warrented war?
The recession began in earnest in 2008. Anyone who expects things to be 'back to normal' by now is naive and just clutching at straws to defame Obama. He's not perfect but he's far and away the best (more like only) choice in November.
troops in Iraq were removed on GW Bush's timeline.
a seal team killed Osama.
plenty of companies survive bankruptcy just fine. What Obama did was bailout the autoworkers union because he had to, given all their campaign contributions to himself and other democrats.
it's funny how desperate liberal fools get when they try to list Obama's accomplishments.
Note: Obama's monthly contributions have dropped since October, when a number of his wall street buddies started supporting Romney.
stop the madening-
You are exactly correct...troops from Iraq, Bush's timeline. Osama killed by Navy Seals was a tactical order from Obama on a strategic plan set in place by Bush, GM is costing the US taxpayer billions but saved the union contracts.
What I agree most on is the desperate liberal rhetoric. Unemployment still over 8%(I thought Obama promised he would not run in this case) and long term UN at an unprecedented level.
Well Bush sure as hell didn't kill Osama Bin Laden, that's his business partners brother, he had no desire to find the man who killed 3000 Americans on 9/11.
Please check your facts Wyomingliberal-
Obama said himself that the plan was implemented by Bush and he was executing a tactical decision put in place by a strategic plan from the Bush Adm.
Seal team done the killing yes only by the order of the commander-in-cheif Bush had a chance to do it one time but failed to give the order
you prove that by all you had mentioned how dumb you are Bush wouldn't have removed any troops most likely had bombed Iran by now. The auto manufacters needed saved or we most likely been taken into a real depression if not saved with so many being unemployed.
It would be laughable if it wasn't soooo sad! Killing Bin Laden, thank Bush. Economy getting better, thank Bush. Everything good that's happened in the last 4 years, give credit either to Bush or the Teapublicans. Any thing bad, it's Obama's fault. People using that reasoning are either blind, stupid or dumb....no other choices available!
I prove how dumb I am?? Do you even know the terms that Bush negotiated with Iraq? The same terms as Obama agreed as far as withdrawing troops...you idiot. Check your facts before you contradict me you fool.
Yes, Bush wanted to capture Osama bin Laden for the information that they could have retrieved to save lives. Clinton had opportunities to kill bin Laden, too. If Clinton had done this, then possibly no 9/11. Try thinking before you comment and check your facts.
The GOP assumes Americans have a short attention span. Remember all the birther kerfluffle?
It's "crisis of the day" with that crowd. Tomorrow it will be something else, and talking about gas prices will be "dredging up old news".
That's how they get away with ignoring the Bush legacy. It's not quite "doublethink" - more like "don't think".
It would be difficult for the republicans to use the same song and dance of bringing down gas prices, unemployment, health cost, or just about anything obama promised in 2008. Al-tho, a number of lies did get him elected. Does anyone really think it will get better with obama in a second term? Really!! When he has no concern about another election? He couldn't get the democrats in a majority to agree with his agenda. It has been a circus through the first term.
More Bush bashing...same old same old from the Liberals. No one ever will say that Bush was the greatest president, but, to keep resorting to him for the failures of this administration is ridiculous. Not even worth discussing. Time to move on....
The problem with "getting a majority" hasn't been getting a Democratic majority.
It's because the GOP has thrown up by FAR the biggest number of filabusters ever in the history of this country to keep anything from getting done.
http://www.senate.gov/pagelayout/reference/cloture_motions/clotureCounts.htm
Get the hell out of the way, GOP. Or get put out of the way.
Bush's timeline to pull the troops out of Iraq was a total facade. People would have (rightly) gotten angry if he had revealed the real republican plan (i.e., stay there forever, finding another excuse to stay longer 5-10 years at a time), why do you think all the republicans complained when Obama actually stuck to Bush's timeline? Other than the fact that they complain about everything the president does, of course.
Ken-
I agree...Obama has the House and Senate more divided than in any time that I can remember. Nothing will ever get accomplished with that in mind. Ronald Reagan pulled this nation out of a great financial crisis by bringing parties together not polarizing them. He was able to find issues that parties agreed on and move forward. Thus, the 'great communicator.' That is what this nation needs now.
Why dont we just get the traders out of the market for oil . every time you fill your tank up with gas. you put 15 dollars into the traders pocket. if you flood the market with oil then they lose money.........
I'm tired of hearing all of the libs panting about how their savior, Obama, has lowered the sea levels, saved our economy from depression, and personally ended the brutality of Bin Laden and Kadahfy! The car companies were handed on a silver platter to his union buddies. The bond holders, who in a typical bankruptcy would have received most of their money back, got screwed! These bond holders were policemen, firemen, teachers and retirees. Osama would still be out there if there if the members of Seal Team 6 had not been funded by the budgets from the Bush years (Which, by the way, Obama and the Democrats are trying to gut in order to pay for more freebies for their bought-and-paid-for voters)!
The so-called "Arab Spring" happened in spite of, not because of, Obama and his liberal ideals. I also hear Obama spouting out that domestic oil production has increased to record levels on his watch. Once again, the truth never gets in the way of a good campaign slogan. The increase in production happened on private lands where Obama and is cronies had little to no say. Also, this production was started years ago, on Bush's watch! Remember how the libs said that increasing drilling would take years to change production. The levels of production on Federal land since 2008 (or the dawn of Obama) has dropped substantially! The Keystone pipeline has been effectively stopped by Obama and his enviro-nazi cronies. Oh yeah, Obama has said that he has "green-lighted" part of the pipeline, but, he has no real say on this area as it is on state not federal land. What a LIAR!!!!!!
UnknownPA-
As usual...speculation and no evidence. Bush had a timeline and Obama stuck to it, you just said it yourself. Anything else is conjecture. Time to move on....
Dan M-
Well stated...I am 100% agreed with you. It is nice to know some of us actually have a clue.
For the Nine hundredth time, Obama didn't kill Osama. The CIA found him using our spy satellites, Obama signed an order and the SEALS killed him. Obama sat safely in D.C. while our SEALS and Rnagers went in and got him. He did nothing more than any of our Generals could not have done, put pen to paper, big whoop, pin the Medal of Honor on him,,,,, NOT!!!!!!!!!!! He killed Osama, PFFFFFFFFTTTT!!!!!!! I doubt Mr. President could even fire a rifle accurately.
Rob Peters
The criticism from the right is evidence. Or do people generally scream and howl and point fingers when their own plans come to fruition?
Nicodemus1946-
Correct!! A tactical decision to a strategic plan....
First, last month it was reported that US gas and oil EXPORTS (leaving this country) were at the highest levels EVER. Why isn't that gas being made available here... at home, that's a question for American oil producers.
Then, a rumor that the President was going to release oil from the Strategic Reserve forced the per barrel price of oil significantly LOWER, only to shoot back up when it was realized that this was only a RUMOR, this is a question for Wall Street speculators.
Last... please stop whining about this damn pipeline, that pipeline will only benefit Canada whereas it allows them to pipe THEIR oil to Texas and Louisiana ports to ship overseas, it's not for use here in the US.
So, please explain to me how ANY President can change or affect gas prices?
UnknownPA-
You have got to be joking. That is not even close to evidence. What are you talking about. That is 100% pure conjecture.
If that is evidence to anything, that is evidence to the divisiveness that this president has encompassed to our House and Senate. Nothing else.
Please present REAL evidence.
I feel very sad for the families that are suffering due to this poor leadership.
The election process is rigged so the price of gas does not matter.
Bring our troops home and end these fake wars. Obama lied and more troops died.
rob peters -
You have to be joking when you say "some of us have a clue" and are implying that includes yourself. Or maybe that was just conjecture too.
Try learning the difference between "proof" and "evidence" and come back. But I am shocked, SHOCKED, at a conservative's lack of education and basic reading comprehension skills. SHOCKED.
The democrats controlled the house, senate, and president. Had to pass unpopular legislation with simple majority and executive orders. When obama leaves the white house, his term will have a brand of a nation divided. I feel it will take more than a decade to recover from the damage he has brought with him. We often recover soon from recessions, but I'm not so sure about the trust.
The above statement is so true... especially when reading the political articles.
82 All Americans-
Good points and excellent questions.
Presidents do not create jobs nor do they affect gas/oil prices. This Econ 101. I am sure Liberals will disagree but here is how it works.
Oil is considered a commodity to the US. Commodities, according to the CRB (Cpmmodities Research Bureau) are affected by 3 major proponents:
1) Current monetary policies (set by current administration)
2) Economic Growth
3) value of the dollar
Our current administration has allowed the value of the dollar to decrease and allowed our nation's credit rating to drop. Both are fuel for oil speculators to jump in and take advantage. Thus raising oil/gas prices .
Obama promised he would close Gitmo and it is still open.
Obama promised he would bring our troops home yet we are STILL at war in other countries.
Obama promised a lot but has delivered nothing but broken promises.
I hope I have enough change to buy some gas. Hope and change is all I have left.
Let's do basic math of interest from US debt in 4 years, the interest alone around 1 trillions to 1.5 trillions. Let's not forget who put us into this state in the first place.
Its even MORE hilarious that GOP chooses to wage a war on women, hispanics and unions, high gas prices all without a SOLUTION for any of those things, including Health Care
What are the GOP solutions for any of these issues? What is the GOP JObs plan? How about the GOP energy plan? Where are the solutions?
Sooner or later the GOP goons will have to have solutions or else all their Obama sabotage and propaganda campaign will do them no good.
BTW, expect another 200K + jobs report on Friday. Also, manufacturing up again.
Got Solutions?
I remember Bush and Cheney saying we would benefit from free Iraqi Oil.......so, Rocky Road....where is all that free Iraqi oil?
Also, what are the GOP plans for lowering gas prices. Your side appears to have no viable solutions. But please prove me wrong. All we hear out of your clown posse candidates is the continuing war on women and other social issues because you don't have any economic ideas.
So tell us, conservatives, how are you going to get us to 2$ gas? How are you going to create jobs? What is the 'replace' in the 'repeal? Where are your answers for ANYTHING?
Got Solutions? Got Candidate?
And the Conservative liars carry on.
Obama has never praised anyone except the Seals, the Pentagon and Bush. Obama has NEVER personally taken credit for it. We cant help that Bush FAILED to get him or even cared to. In fact, Bush referred to the pursuit of Bin Laden as 'unimportant'.
They are just mad it didn't happen on Bush's watch. They just cant stand it. Stop re-litigating successes, sabotaging the recovery and actually come up with real solutions. Got any?....thought not
Don't forget Shemp (Gingrich)
We can only "HOPE" for a "CHANGE"............vote GOP.
which of the clowns do you expect to win; Mo, Larry or Curly?
Hitler was a change, too.
And any of the current crop of GOP candidates would be just as big a disaster.
yep,.. you're right, those candidate seems really like a cheap entertainment to me. so many fact about what is going on in our nation, "side effect war" US trying to deal with foreign country which we depend on oil" people believing , or not that, economy crisis is a consequences of several bad management,.. until the bomb explode and we are all sucking this reality. More important GAS prices, the only affected are we citizen who work hard and receive the same salary, but have more and more expenses means high gas prices and food. can we stop this,.. I wonder what would happen if nobody vote for any of the candidate in election day, they definitively need the citizen in order to win. and what would this greedy oil company do if USA citizen organize a two day of not going to the gas station in protest to get a fair gas price. they just find excuse for keep the citizen money. as the saying word says" in hard times the rich get richer and the poor gets more poor"
Feisty Redhed
I live your logo, it reminds me of Fox News. Way to go girl.
In 08 all the dems were saying George W was the reason gas price was high. Now they are crying foul! Chick Schumer caused the bank failure in 08 and this made Obama to be president.
Anybody but Urkel Ken......
Hitler would make a wonderful Liberal today......they use the same tactics. NAZI is short for National Socialist.
Love it when Liberals collapse a comment because it touches home........thanks ya'll.......
Good God, someone should slap Jonah Goldberg HARD every time someone repeats his idiotic lie about the "National Socialists"...especially since NO ONE OF IMPORTANCE IS PROPOSING SOCIALISM IN THIS COUNTRY!
Republicans must be Communists, after all, the most significant Communist countries have been the Union of Soviet Socialist Republics and the Peoples Republic of China...
"“I think we just maintain the message,” Lankford said. “The easiest way to say it is that it was $1.87 when he took office.”"
You really want to run on this message?
President Obama response "Do you really want Republicans to cause 750,000 Americans to lose their job each month just so we have $1.87 gas? Republicans weren't content that they drove the car in the ditch and did severe damage, they complained when Democrats saved the American auto industry."
yep - show some graphs from summer of 2008 and before into early 2009 that shows the bottom dropping out of the world economy with tremendous job loss and an tanked financial sector
multiple millions lost jobs in a short time frame and the bottom dropped out on demand in much of the world including the US
so to get low gas price - let's root for another dip recession or depression -- that will fly.............
that's about the dumbest logic i've heard. were we losing 750,000 a month in 2000 when gas was less than $1.89/gallon? you liberal fools will repeat anything.
Really? They're going to remind people that gas was $1.87 a gallon after the global economy crashed? Then how about we also remind voters gas was HIGHER than it is now six months earlier in July 2008?? Whose fault was that???
Regular gasoline/gallon
$4.11
Source: Energy Information Administration, 7/7/08
Just like you Teapublicans BELIEVE everything! Sad, really, really, really sad! watch Fox and for the rest of the year parrot all the sh-- that they hear. Obama in all likelihood will be reelected, you guys tried everything you could and so far you've failed. I hope and pray Obama doesn't go back to that bipartisianship BS. Didn't work then and won't work now so FU Teapublicans, FU
Obama and his cronies "stole" the American auto industry! They violated federal bankruptcy law and bypassed bond holders in favor of his union voters....er members! Do you also know that GM and Chrysler do not have to pay corporate taxes for the next 10 years! I never saw Bush offering that to the oil companies!
Why would Bush offer that to the oil companies? THEY were making record profits in 2008, unlike the rest of the business world.
A better question would be why Republicans continue to block reasonable regulation of speculation in the oil market.
Obama would rather beg to SAUDI'S or HUGO for gas and given our money to pay for all those terrorist over seas instead of drilling here at home and be self reliant.
Just trace the money you will find it all goes the your REPUBLICAN Congressmen.
The Fosz- You got proof on that claim? Its ironic that the oil companies gave a huge amout $$$$$$$$$ to the YOMAMA election.
Petroleum prices are directly related to all aspects of the economy. When gas prices are high, people have less money to invest into other businesses, leading to a decline of revenue from said other businesses, resulting in lost jobs from the lack of revenue to support those employees, which leads to these unemployed people not having any money to put into the economy, meaning more loss of revenue for businesses. It is a domino effect and it will continue unless petroleum declines in price, or the overall value of the dollar increases along with an increase in the value of the american worker. This is a capitalist economy that people keep trying to run as if it is socialist, it wont work that way.
The Fosz will say anything, just ask Kermit and Ms. Piggy... Libs blurt first and think later, fuzzy can't be farther from the truth. Do your fact checks, starting with the the top ten richest in congress, seven are dems and that wall street stuffs a crock too. The dems gave way more to wall street, check the percentage and don't use The New York Times as a reference unless you want lib opinions...
Gas is simple economics, supply & demand. The US has the demand and refuses to supply instead this country opts for outsourcing to the middle east...
thifffffsssst!!!! politics!!!!!!!!!!!!! who cares!!!!!!! sceince!!!!!!!!! hydrogen highway baby!!!!!!!! vote Green!!!!!!!!!!!
Its the GOP's cronies doing this,the oil company's.Just think they could could cut the price of gas in half and still show a 5 billion plus for the quarter.But that would mean the president and chairmen of the board wouldn't get as much bonus.Its never enough for these people,and the only one who suffers is the ones who can't afford to.If you remember the last time prices went so high the oil company's showed their biggest profits ever.Free enterprize is one thing,but I like to atleast get kissed before I'm F---ed.
Your right Tim. History is repeating itself and the GOP/Big oil is Jimmy Cartering Obama. Nobody to blame but the GOP. Look at everything that has lost value and the GOP's greed is the culprit
Another article deflecting from the real issues and Mr. Obama's FAILED domestic and International policies.
Wait a minute.....the media driven Martin case in Florida is just what Mr. Obama's ex-White House press secretary, and now his campaign manager, was looking for. Another issue for deflection. I wonder why. Oh yeah, Florida is going to be a key State during the Presidential election and talk abounds that Mr. Rubio will be selected as the Republican VP candidate.
Wow, now that could be ground breaking news for an investigative reporter. Where are the "real" journalists today ? Nah, feeds coming from Media Matters or Move On.
President Obama's FOREIGN Policy directly effects the price of gas.
President Obama's ECONOMIC Policy directly effects the price of gas.
BOTH Policies are a FAILURE! The price of gas reflects this!
The BUCK STOPS WITH THE WHITEHOUSE!
Yah, and we should raiase the interest rate to 8% on the federal loan so that the speculaters could not borrow almost free money on oil. Did you know that banks are borrow and buying treasure bonds because of no interest and making 3%. This would bring the gas priceses down to what they should be
The ultimate absurdity is Republican presidential hopefuls complaining over oil company profits, speculator profits and deliberate uncontrolled manipulation of the commodities market. Add in complete deregulation of banking, the elimination of medicare and social security and you have the entire Republican cause and platform.
To quote Bill Oriley of FOX 2008. " Any one who thinks the president or any politician can do anything about the price of oil is full of BS". When a republican is in office nothing can be done. When a democrat is in office it's all his fault.
MtMike-571674 So you want to go back to the good old Bush days, Invade countries that were No threat to us. Forget about Bin-laden who masterminded 911. Did you ever wonder who the Arab family that financed GWBs buy in of his favorite sports team or financed his failed oil company? Bin-laden.... Name the Texas Gov. that had his Texas Air National Guard record ex-sponged? G W Bush....Name the US President who to date created the largest Tax Hike by doubling SS withholding? Ronnie Reagan...... Who gave Iraq its WMD (the gas used on the Kurds)? Ronnie Reagan with the help of Dick C. and D. Rummie....
If you want to talk Failure lets compare.
The TERRIBLE Gas and Oil Prices are DIRECTLY And SOLELY the Work of the RepublicanCrimeCartelOilIndustrySoldiers trying to intimidate We Americans into voting for their Boys MittTaxPittanceRommel or THE FoulMouthedProfaneVomitorium or The Debauchery driven Amoral Creature of Pleasure THEGangrene. Face It Brother and Sister American, the republicanCrimeCartelCrowd are Criminals and Are to be removed, The Oil Companies nationalized until GOOD Leadership is found, and their TRILLIONS UPON TRILLIONS Stolen from US to be returned back to the Treasury. Did You Know the Oil fields awarded to these oil companies from which they DrawOut and sell OUR OIL on the spot market to India, China and Whoever ARE The Property Of The American TaxPayers??Did You Know that These republicanCrimeCartelPuppets support We Americans paying $10.00 Per Gallon of Gas???
<sigh> LOOK IT UP PEOPLE! The United States has recently become a NET EXPORTER OF PETROLEUM! The basis for the high gas prices is NOT short supply. It is greedy, risky speculation and the fact that those who control the production here in the U.S. would rather make higher profits on the world's speculation-driven markets than market it here in an appropriate-to-its-real-production-cost price range.
http://www.pri.org/stories/business/global-development/america-set-to-become-a-net-exporter-of-petroleum-fuel-products-7243.html
http://energypolicyinfo.com/2011/11/the-united-states-as-a-petroleum-product-exporting-country/
http://www.clarkhoward.com/news/clark-howard/environment-energy/united-states-export-more-oil-we-import/nFrSn/
http://www.stockmarkettoday.cc/united-states-this-year-is-expected-to-become-a-net-exporter-of-petroleum-products.html
And in the meantime, every politician of both parties are doing their little string-puppet 'Punch and Judy' show for you easily distracted kittens. Their version of leading you to run into the kitchen cupboard while chasing the light from a laser beam that is no more tangible than the 'justifications' they offer for high gas prices.
Please, God, PEOPLE, wake UP, do a little INDEPENDENT READING ('the truth is out there'), THINK FOR YOURSELVES, and stop getting set against each other like roosters for a cockfight, dogs for a dogfight. You are easily-manipulated entertainment for them. They keep you off of them by siccing you on the other guy's 'dog'. Stop being played before it's too late.
Here's the chart. We still haven't hit the highest price under Bush.
http://www.gasbuddy.com/gb_retail_price_chart.aspx?city1=USA%20Average&city2=&city3=&crude=n&tme=60&units=us
Tim , you've made a big error in your maths, halving the price would only halve the profit if 100% of the price was profit. In reality the price of gasoline is About 7% profit for Oil companies (http://www.eia.gov/energyexplained/index.cfm?page=gasoline_factors_affecting_prices), their huge profits are largely because they sell huge amounts of product not because they make a large profit on each unit. Given that, to halve their profit they would only have to decrease the price by 4% or about 15 c/gallon. Such a change would have a massive effect on companies ability to maintain employment and develop new resources and in the end for consumers 15c would be quickly lost in week to week fluctuations in gas prices.
you mean like he does with jobs? in spring again "look we have a significant drop in numbers, and created X=amount of jobs!" of course the corporations, and everyone big and small, who got a little back on taxes, or made profit, SPENDS MONEY. why do you think Nobama and the dems sat back and did nothing about Bush tax cuts? it wasnt like they didnt have the time to totally trash it, i mean they had 2 years to come up with a plan, and did sh!t. THEN want to knock republicans who back what ever that has anything to do with tax, and break by going apesh!t in defence for a party that STILL has done absolutly nothing but shaft the taxpayer. The dems had their hands so far up Freddie/Fannie pockets im suprised no to see pictures that look like a reacharound. THEY backed one of the main causes of the housing collapse, all the way back to Clinton. THAT was bullsh!t in my book.
even tho there was total news footage, and you can find it on youtube of these people, and it comes right out of their very MOUTHS and you reelect them! i dont think i have to go into detail what kind of logic it must take to look past all of that. and each time they slap you in the face with another bullsh!t patty, i have to wonder, do you smile as you wait for it?
all that aside, it might be possible to have it $2 a gal, BUT, by the time all the pipe is laid out, and it operational.... might drop it back down to 3ish, but thats better than it will be by that time.
Stop the Speculators. Require them to take possession of the oil. Prices would plummet, because demand is down globally.
Really Fiesty, Obama now talks about building a half a$$ pipeline from Oklahoma to the gulf as if his spoken word will affect gas prices and get him votes. Another half flip flop and back stepping under pressure trying fix the Keystone Pipeline boondoogle he created because he denied the project initially.
No Academy Awards here except total failure.
Debbie-525743 Your Soros Puppett Obama, Yes that TelePrompTer worthless reading presidents, Plain and simple sucks
I cannot believe how ill informed the VAST majority of you folks are about the way oil, and consequently gasoline is priced. There are books and articles out there that cover the topic in great depth. A sitting president has very little power of the price of oil because it traded on the GLOBAL MARKET. GWB also had little influence on the price of oil...
Just another BS item for idiots to blame Obama, or to ignore that speculators have more influence than ANYONE in government. Middle East unrest (read IRAN bluster), demand (perceived or actual) from China/India/developing nations and last but DEFINITELY not least, the futures trading market (aka speculators/options traders) and OPEC production rates set over 90% of the inherent cost of a barrel of oil.
FOOLISH fools simply can't see the TRUTH past their Obama hating dogmas... pure ignorance and stupidity because you are BEING lied to.
Notliborcon,
Hey there in addition to making the Republicans saying that gas prices are Obama's fault look stupid your post is also making all of your Dem friends that are saying gas is still not as High as when Bush was in office look stupid as well. The truth is there actually IS something Obama can do to reduce gas prices. Don't you think removing our Navy war ships from the persian gulf would lower gas prices? Isn't a lot of the gas price increase due to speculation of war with Iran? Didn't gas prices rise with the Iraq war and speculation of the Iraq war?
excaliburgc - your idiotic candidates Romney and Santorum also read teleprompters - as has every President in modern times. The teleprompter remark just makes the poster look totally out of touch with reality! Oh, and all of the GOP sucks!
96ws6... Oil prices are used by BOTH parties as a political cudgel, which is an obfuscation of the reality of how oil is truly priced. Both the democraps (in oil refining or producing states) and ALL of the Grand ole plutocrats (GOP) distract We the people from their favorite special interest group (BIG OIL) by stating that it is the opposing party's fault that prices are high. Don't be a fool.
Did you not read the part I said about Iran and the sabre rattling? Yes, OIL prices skyrocketed when shrubya LIED to get US citizens to support attacking Iraq. And I am fairly certain that h3e and his close friends benefited MASSIVELY from that increase of cost.
Are you really suggesting that Obama order the Navy our of the Persian Gulf? How would that affect our troop's war effort?
Which war effort? Afghanistan or Iran? You say we were lied to about Iraq, can't you see the war propoganda on Iran is a re-run of Iraq?
I agree with you... Iran is propaganda deja vu. Diplomatic channels and International pressure are the primary means of intimidating Iran currently. Don't forget that the GOP pres candidates and some Congressman are saying they would attack Iran asap.
I was referring to troop support in Iraq and Afghanistan. Our fleet is supporting BOTH efforts. We have the LARGEST diplomatic delegation (for any country) in Iraq since world war 2 which requires troops for protection under State Dept control. These troops, unfortunately, are primarily comprised of private contractors (mercenaries) but there are still active duty US soldiers as well.
Well IMO leaving Iraq was a lie. We are still financing a "Civilian army" as well as military in Iraq as you have pointed out. (not to mention a BILLION dollar embassy curtious of stressed US taxpayers. just for fun, how do you think the vote wouldgo if they had us vote on building that embassy or putting a billion into Social Security or Medicare?) Bin laden is dead time to leave Afghanistan too. There is no reason to attack a pissant country like Iran either. Israel is fully capable of protecting themselves and have told us so. We need to get our own house in order before we try to run everybody else's.
I agree... getting our troops out of Afghanistan is absolutely necessary immediately. Attacking Iran would be a big mistake considering the state of our union.
Oh, btw, the way things are going (11 pt Lead over Romney nationally + 9 point lead in Florida), Florida may be Obama's anyway.
Oh, and don't forget knowing that Obama has a +8 (on average) advantage over Romney in Ohio, Michigan, Wisconsin, Virginia, Pennsylvania means Obama may not NEED Florida either.
Obama has multiple paths to victory...Romney? Not so much.
Obama/Biden 2012
1Hiram
We can only "HOPE" for a "CHANGE"............vote GOP
The GOP doesn't "CHANGE", they "REVERT". In their case, back to the 19th century..........
... cute, I get it, the Democrats are screwing us.
When conservatives talk about the "good ole' days", they don't mean the 1950s. They mean the 1200s.
Change to America will on come once the REPUBLICAN CONGRESS is voted out of office.
Give it time. If the GOP has it's way, they will be the War Lords controlling both the supply and the demand by controlling the price of oil.
The Fosz-4254828.....
Please keep yourself up to date. Now, that is a monumental task in itself.
The Senate is controlled by the Democrats, NOT the Republicans and with Mr. Obstructionist himself Reid in the leadership position and is picking and choosing which legislation will be presented to the Senate floor for voting.
Just how do you define CONGRESS ?
Change will come when Mr. Obama, his Czars, and his Liberal Cabinet members are shown the Exit door.
ldo --------- You have got to be a moron or kidding -- the ONLY obstructionist are the BIG OIL cronies in the GOP Congress. I don't think anyone with a brain would possibly believe this run-up in oil prices is anything other than a GOP/Big Oil conspiracy. OIL IS FLOWING AT THE GREATES RATE IN HISTORY and consumption is down 5 Billion barrels per year but prices have doubled and BIG OIL PROFITS are beyond criminal.
Nationalize OIL and Energy and stop this criminal GOP assault on the working poor of this Country.
COUNT ME AS ONE EX-REAGAN REPUBLICAN. NEVER AGAIN FOR THE GOP.
good lord, ldo, congress is usually the term for the house of representatives, although technically it is both houses of the legislative branch.
if you seriously think obama will be defeated this election you are very very delusional, like most fox viewers.
“When Clinton was president the price of gas skyrocketed to $1.27 !
Under President Bush it fell all the way back to $ 4.55.
Now under President Obma, it has risen to over $3.70 !
This is what the democrats do
.
I bet Mitt-Santorum-Gingrich could get the price back down to $6.00 or $7.00”
ido - as usual, you don't have a clue as to how things work. Yes, the Democrats have the majority in the Senate but not a filibuster proof majority. So, they can get nothing done since the GOP have decided to obstruct everything they try to do.
PRESIDENT Obama will leave office in 2017 so I guess you'll be happy to welcome Hillary in the door then.
If the GOP wants to campaign on energy prices that's fine but they must agree first to full disclosure.
If they want to complain about how voters are being fleeced by energy prices they should fully disclose how much money being donated to the presidential campaigns and SuperPACs is coming from the oil execs and hedge fund managers that are doing the fleecing.
seems to me Obama said no to superPACs in 2008 and now he's embracing them. even the ones billionaire cheat Jon Corzine helped fund.
Perhaps you should just shorten your name to mad PERIOD! You are bouncing off the wall trying to give credence to all that crap you keep spewing...oil prices, Superpacs, Corzine....grabbing at flipping straws. Make me want to cry (not). In fact I'm loving it seeing you guys losing it.
I agree, but the democrats also have to come clean on how much they receive from the oil companies, and how much cash has been flushed down the "green energy" comode!
full disclosure..., like what the President has in store for us if he gets re-elected; that is something you won't hear him talking about. This from the "most transparent" administration ever..., ha!
It has been recently reported that 88% of campaign donations from energy companies goes directly to GOP campaigns or super PACs. That should tell everyone all they need to know as to who they support this year.
That's just great, the Republican candidates don't even know where gas prices come from. And they want to be president...?
A good card carrying REPUBLICAN PARTY member hates a paper trail. Romney couldn't even tell how his taxes are done.
Just goes to show that if you repeat a lie often enough, too many people will start to accept it as the truth. Keystone will have zero effect on the price of gas until about 2020 (if then), and then it will have, at most, a $0.016 effect on the price. And the 20,000 jobs? That would actually be 20,000 job years (i.e. a single person working on the pipeline for 2 years, eats up 2 of those 'job years', figure the rest out for yourself), not actual jobs, and most of the jobs would be very temporary.
Not only that, it will be transporting the most dangerous form of oil there is. Yes, we already have pipes doing that, but that does not mean that it is the right thing to do, or that we need more pipes doing that.
several analysis show the main effect on prices will likely be an increase in gas prices in the midwest since it will give more outflow to the gulf to get the oil onto the world market. the"glut" backup in the midwest may well disappear and the current discount for refineries
it is not enough flow to impact world demand in a way that will make a different in pricing
If we drill for more oil and more is produced we will have lower overall prices! This is Economics 101! If you want more of something you subsidize it and if you want less of it you tax it! When was the last time you heard the libs saying that we need to eliminate the subsidizing of oil companies, probably 15 minutes ago! The oil companies are just writing off their expenses like any other company! Because they are smart and make money they are evil!!!! Not like the giant "green" maws which have been sucking our national budget dry! How many failures of these "GREEN" industries will we have to survive before an adult comes into the room and makes the liberals stop?
Your like talking to a brick wall when your talking to a REPUBLICAN. A REPUBLICAN has no idea what ethics are and what it means. They set their own standard and change it as they go along.
Maybe so, but doing nothing as Obama has done, ensures by 2020 fuel costs will be ay higher.
This is Economics 101!
Is that Global or American economics? We don't control the price of oil...ever heard of China, India, Russia, and OPEC? Your bumper sticker logic is very freshman.
it isn't a coincidence that keystone would terminate in houston...a major oil exporting port. we are currently the refiners of choice for europe and the pac rim cuz of the weak dollar and weaker environmental laws. we are shipping more refined petroleum products out of the country than we are importing crude oil...the problem can't be fixed without decommoditizing oil. make the manufacturers sell to the users, not middle men lackeys that do nothing but jack up price.
Dan M - 1100664,
First off, the effects of supply and demand were abrogated when the commodities exchange regulater allowed speculators to enter the market as if they were suppliers, or users. If supply and demand were at work, then why has the price gone up over the last 3 years when we have been producing more domestic supply, and our domestic demand has gone down? We currently produce so much more gasoline than we use, that we are now the largest exporter of gasoline. In fact, it is our third(?) largest export.
Economics 101 does not give you enough knowledge to understand world, and national economics on a macro-economic scale. Economics 101 does not teach you about commodity trading, CDOs, CDSs, synthetic CDOs, interest swaps, or other things that you obviously do not understand. It's like thinking that, because you passed the first year of medical school, you are now a qualified brain surgeon. You do not know what you are talking about.
Trying to 'teach' everyone about something you do not understand, and then going into a rant about other things you do ot understand makes you sound like you don't know what you are talking about. Since when did the 'giant green maws' suck up over $13 trillion dollars of taxpayer money, like the investment banks did in 2008, 2009 and 2010? Just writing off expenses? No, the subsidies are in addition to writing off expenses, as well as finding so many loopholes that the oil companies pay taxes of about 9% (maybe less?) on profits of almost $100 billion per year.
I was being nice, but the more I write, and think about your post, the more stupid you sound. Dan M - 1100664, you really are clueless about this stuff.
Matthew, Houston, TX I think you left out the part about the price of gas will Rise about 20 to 30% for the upper mid west. Once Canada can ship more oil they will raise the price to world market rates.
The US oil supply is at an all time high and demand is down. Right now the US number one manufactured Export is Refined Oil, you know it as Gas and Diesel. Supply and Demand does not work for oil when suppliers regulate the demand!
Basic economics does not and has never applied to energy and oil in particular. Supply and demand has no effect. We currently have a surplus of oil in the system in America, and we have unusually low demand at present, and we are producing more oil today than in the past decade yet the prices are at record highs. There also was a study done recently that showed that over the last 40 years that there is no correlation between production increases in the US and the lowering of the price of gas. They system is rigged and we are the victims.
Reading these conspiratorial addicts rants about big oil/speculators/energy department/banks/liberals/conservatives etc. responsible for fluctuating gas prices reminds me of the "100 MPG carburetor" The popular story went something like an inventor developed this miracle carburetor that enabled cars to get incredible MPG but big oil conspired to keep it off the market. For you young folks, a carburetor is what cars used before fuel injection was developed.
No matter, there are always plenty of folks who enjoy scary stories much better than reality and are happy to pass them on as their version of the truth.
Dan M is an opinion in search of a rationale.
So LT, explain to us why oil prices are rising at a time of oversupply and reduced consumption.
For some reason worshippers of the Invisible Hand of the Free Market go all silent when the subject turns to how manipulation by the wealthy elites is hurting the rest of us.
This situation re gas prices has been around for some time, even when gas was less than $1/gal. Remember those days?
Our legislators are more the issue than not. I thought I'd pass this joke on, even if it isn't on-track to the discussion:
A driver was stuck in a traffic jam on the highway outside Washington, DC.
Nothing was moving. Suddenly, a man knocks on the window.
The driver rolls down the window and asks, “What’s going on?”The man says, “Terrorists have kidnapped Congress, and they’re asking for a $100 million dollar ransom. Otherwise, they are going to douse them all in gasoline and set them on fire. We are going from car to car, collecting donations.”
“How much is everyone giving, on average?” the driver asks.
The man replies, “Roughly a gallon.”
dASDS
When one candidate is using Orwellian scare tactics, the other has no idea what his own political beliefs are (other faith in the all-mighty dollar), and their main point of attack is gas prices (which are mostly out of the President's control) this November should be fun for Obama.
When you learn politics, you will learn that NO US president is in control.
There are people LONG before him that dictate to him.
And, it does not matter WHO he or she might be.
Ask Obama why he stayed in Afghanistan.
Ask him why he cannot close down Guantanamo detention.
Then get back to me.
I thought you were going to say "oil wellian" -- LOL
So I guess this means that it would apply to republican Presidents as well? Gee, where were these remarks during the Bush years? Maybe you shouldn't have blamed him?
It's so much fun to watch a true REPUBLICAN in action. All eithics and morals go out the window and anything goes.
Another lie perpetrated by the left. Don't forget Obama told lies in office too! Where is your outrage on his morals?
Just like the open microphone incident.
Obama will ask for a "little more time".
Ain't happening this time bubba.
Incident? That's funny. The right is getting more desperate every day.
The right is right.
Unfortunately, the left is blind.
AND they have a hard time keeping up with current events.
The right may be many things but right is not one of them.....
Keep the dream alive papag,,, keep it alive.
What "ain't happening this time" will be people listening to all the BS that's been used to discredit him. People finally know exactly what the Teapublicans agenda is, and they are having NONE of it. So keep whistling past the cemetery, my friend. Obama is ahead in all the polls even with you guys giving it your best shot! God willing, I will wake up next year watching him being sworn in again as President of the United States.
Actually we do finally know what's going on in the polls. Obama has catered to the Middle East. Obama has sunk millions of our dollars into green energy, and nothing has come of it. Obama has not a clue how to fix the healthcare plan except to say it should be for everyone. Obama hasn't even addressed the immigration problem yet in this country. All this media attention towards gas isn't taking away from the issues that have been harrassing us since the first day he took office. He spent trillions of dollars and now whoever the next president will be, THEY will have to figure out a way to clean up HIS BUDGET of SPENDING.
And, Bubba has spoken.
Bubba will be around for 4 more years
Unhappy, if I were as clueless as you I would be unhappy too.
MK1: I would actually read up on the news before you comment. You sound stupid.
Unhappy - maybe MK1 sounds stupid to someone like you who doesn't have a clue. But to the informed, MK1 is right on target!
Ahh yes!! I love this subject! The Presidential wannabes (regardless of party and election year) always try and blame the guy in office when prices jump.
Folks, the Prez has about as much of an effect on gas prices as I have on the price of toilet paper.
I'm just glad it's the Republitards trying to make an issue out of this in this election cycle. It will surely backfire.
you love the subject but you have no clue about it.
My friend...I'm an executive for ExxonMobil. I dare say I have MORE than a clue about it.
stop the madening? Not sure of the name. So I take it you have a clue what's going on? What is your background in politics? The President and no other leader has no control over a commodity that is sold on the free trade market. Did you know that? We are not a part of OPEC therefore we have no vote on the output or price of it.
Craig...take a gander at his comment history....a TRUE plethora of dim-witted one-liners. My guess is that you and I would have a more intelligent conversation with a house plant.
Yeah, I'm actually the secretary of defense... And my wife is Morgan Fairchild... Yeah that's the ticket.. DA liberals...
Just trace the paper trail and you will find all the Bubba Republican had their hands in controlling the price of gas at the pump.
Gas prices go up right on cue. Any questions?
Oil Smoil, I just bought 250 frozen fertilized embryos. I want the republican to win and pass the Person-hood Law. If every fertilized embryo is a Person I just hit the Tax Deduction Jackpot! About 20 of them have been frozen for 18 years or more, that gives them voting rights too. Don't forget all you gals out there, when the Person-Hood Law passes miscarriages will be treated as Murder until proven innocent. The Person-Hood Police will be checking with your doctor.
Actually Joe, unless you can resurrect those embryos, the Person-Hood Police are gonna get you for freezin' to death a potential GOP candidate.
Wait, first people were angry at Obama for being a socialist.
Now they're angry at him for not being a socialist and nationalizing the oil. Yes, that's what it would take to 'keep' the oil we drill for here local in this country, it would have to be nationalized, and hence socialism.
Otherwise the oil we drill just ends up on the world market, like it does already right now, and subjected to the same market forces that have kept gas prices high regardless of how much oil is produced domestically.
You can't have it both ways, and if you think the GOP can really deliver on their promises, you deserve to have a crappy government and a terrible economic situation.
Fact...I couldn't have said it better myself. What's even more "fleeting" is Newtie's campaign promise that he will bring fuel back down to the $2/gal level. A total pipe dream and anybody who believes that is a total pip who will believe anything they are told.
You are confusing the groups. His policies are making everyone unhappy.
"Everyone?" I'm not the least bit unhappy about his policies and neither are the sane of mind.
Remember GOP told us - we'd win the war in Iraq in 6 months and they'd give us cheap oil out of gratitude.
^ It was 6 years later that we were still fighting in Iraq, 5 thousand GI's were dead, and oil was $4.25 a gallon.
Lesson....
Don't ever let the GOP lackeys con you - - again.
The price of oil? What about the money we used catering to the MiddleEast so that Obama can buy his favors? What about Green Energy? We have spent so much money on green energy( clash for clunkers, solar energy, etc.) , that we are fast catching up to the price of oil. Where has all that money gone? Not for oil. No, you can think of that money as gone, gone, gone, never to be seen again. Whoever the next president will be, he will have to balance HIS BUDGET and we can probably assume that you will still complain then too.
What about the money we used catering to the MiddleEast so that Obama can buy his favors?
Dude, 6.6 billion dollars walked off in Iraq.
http://www.cbsnews.com/8301-503543_162-20070981-503543.html
So don't give me a lecture about wasting money. The decimal place money alone covers Solyndra, and the really crazy part, we don't even know where it went.
Newt believe all REPUBLICANs are dum Bubba's too.
That's nothing. Obama gave 2 billion dollars to Egypt alone for their backing. That doesn't include the other middle East countries. If you total it, it was well over 6.6 billion dollars.
http://www.guardian.co.uk/world/2011/may/19/barack-obama-middle-east-aid
Unhappy - just a total lie. What else ya got?
Whoever the next president will be, he will have to balance HIS BUDGET
Well, we have already heard from the Republican candidates. According to independent analysts, everuy one of them will increase the national debt more than Obama's current spending. And Ryan, the latest darling of the Republicans? His plan increases spending for the next 10 years - his plan only projects a balanced budget in 2040... 30 years from now!
Get real. The Republicans have no plans on reducing spending once they get into office. If they get control it will be back to spending money like drunlen sailors again, just like the Bush administration.
it will interesting to watch thepipeline thing play out -- few jobs even during the construction phase -- little to none long term and if the analysis is true - once there is more "free flow to the gulf" to sell at world market rates the mid-west back up of oil from all the production will cause the "glut" discounts to disappear and the mid-west will see a price increase.. this is not enough oil to make much dent in world demand to migitate prices.
plus the oil companies need the price to remain above a certain level to maintain profits and to pay for the lower quality harder to get oil now being used
folks should see the tar sands methods as opposed to the "drilling for oil" it is more like clear cutting forest and strip mining large areas of land -- significant mess
The jobs in the north are there, contradicting Obama.
My son is working there now in North Dakota making over 100 k per year.
Obama CANNOT stop this and will not.
It goes on NOW even as we speak.
He is only using the American people by saying he will stop this.
IT WILL NOT BE STOPPED.
not specifically related to the pipeline being discussed......
Stoney, Obama had no power over the south pipeline. The approvals had been already done, and it is not an international pipeline. He was there to smooth over the alienating he was doing by stopping the other part.
Let's get all the REPUBLICAN Bubba's to work the oil in the north. You can easily pay them half the wages and they'll be grateful you did.
Well it is probably better than Obama's shovel jobs. Oh and at least you were actually doing something uselful.
The left is lost in the fog.
And at the current time, Obama is that fog.
I feel so sorry for the lemmings.
Let's see $5.00 gas or Newt, Willard or Ricky for Prez, guess I will pay $5.00 and drive less. Obama 2012!
So you choose a certified liar and incompetent over Mickey Mouse?
Good for you.
stop driving now since you hate oil so much.
No one sane hates oil.
It is the one thing we will use long after I am dead and gone.
One thing that WILL be suppressed is viable alternative energy.
When the oli is gone, our kids will see a new "miracle" in the headlines.
One that has probably already been here for years.
So do you use an alternative energy source? If not, what is the problem? It can't be because you can't afford it, right? All democrats should use alternative energy sources. If not, it just proves how much of a hypocrite they are.
Why even discuss the popularity of the president now or later. I'm not voting for Obama.
Republicans, Democrats and drivers are upset with high gas prices. So Independent Sen. Bernie Sanders proposed a bill to curb oil speculation. Will it pass or will Republicans block it?
Search terms: TheHill blogs Sanders Bill Would Fource CFTCs Hand in Effort to Lower Gas Prices
They won't even, or ever, admit it's oil speculation resulting in increasing gas prices. Never, as it removes their ability to attack the President they despise for something he has absolutely no control over but they can use to decieve low information voters that simply do not have the time or won;t take the time to find out the facts. They are counting on these folks not finding out the truth its the Wall Street gamblers screwing us over once again.
Oh, and the reason they despise President Obama? His policies are sound and will work. That is the real fear, that Americans far and wide will suddenly realize they've been deceived for years and turn against them for good. It's just like Medicare, they vilified it and have been trying to get eliminate it since the day it became law. Over the years the program has been modified and is more popular than it ever was, making their proposals to privatize it political suicides. They hate that more than anything else.
Of course the Repubs won't vote for something that might actually LOWER GAS PRICES. They WANT HIGH GAS PRICES TO LAST UNTIL NOVEMBER. I would not be a bit surprised that a few calls are made by the conservatives to their oil buddies to manipulate prices to afffect the election. "You rub my back, I'll rub yours". The oil companies want NO REGULATIONS. They want to be able to pollute and gouge the public. The Republicans are the primary recipients of the oil companies' "donations". i.e. just like a john and a prostitute.
These people don't care about the enviromnent. They don't care about air and water pollution. They care only for the immediate grab of millions of dollars for themselves.
Pro-life, I guess doesn't mean preventing birth defects caused from pollution.
Pro-life, I guess doesn't mean listening to the world's scientists who are warning us about climate chaos.
maybe it will end up being modified in the Senate just like the insider trading laws. Harry Reid and John Kerry weren't ready to lose all the extra money.
Faux Noiz said "No President has the power to lower gas prices"...in 2008. What's changed?
Search: YouTube Fox news on gas prices in 2008
Probably more likely, high power Republican PAC-men and their allies on Wall Street are taking advantage of what is an essentially a bull market in long oil futures with its attendant jacking the price at the pump (think street tax inflicted by speculators) and then blaming Obama..they are getting a real double header out of these shennanigans..making a pile of money and spinning it politically.
Not a chance in hell will you ever stop or curb oil speculation. There will always be a way to control the supply and demand of oil from the time in leaves the ground to the gas station.
You would think that with all the money Obama gives to the Middle East, he should be able to supply us with more choices for oil. What are we paying them for anyways?
Iread that it is said that we waste 1.9 billion gallons of gas while stalled in traffic. That isn`t the worst of it. The internal-combustion engine converts only about forty (40) pecent of the fuel it consumes into mechanical energy. The rest is waste heat. In your car the waste heat either goes out the exhaust system or is handled by the engine cooling system. So, if you spend $20 for 5 gallons of regular, you buy about $8 worth of running the car and about $12 worth of waste heat. And the president has zero control over gas prices. He doesn`t own the gas. Those who do determine how much you pay.
Eventually, someone down the line will invent an apparatus (contraption), that will trap the unused portion of fuel from the chamber, filter it, and then re-inject it back into the cylinder. I remember talking about this with some good ole boys a long time ago, when I was a kid. It can be done, It's just no one has gotten off their lazy butt to start working on it, could you imagine how much the companies stocks would be worth if something like this existed, unfathomable.
why can't that socialist bring down prices....oh he's not? oops right ya, I forgot that part, it's the GOP who has the Oil Companies in their back pocket. Prices go up as the economy begins to recover right on cue!
Either the republicnas, lead by Willard, are completely stupid or they really think we're that stupid.
TransCanada has already admitted the Keystone XL pipeline tar sands are going to the port in Texes to be refined and sold on the world market, like to China and India. This could result in even higher gas prices in the midwest. If they wanted to supply the US wiht the oil to be refined into gasoline to decrease gas prices in the US they would not have to build a pipeline to Texas, they could just build one to Michigan to be refined for the US.
It's not for the US and it won't do anything to decrease our costs. Period.
Oh, and the jobs, perhaps up to 5,000 temporary construction jobs for maximum two years. The rest, permanent positions, go to Candian citizens.
those jobs are longer than Obama's shovel ready jobs. and i bet you defended them like a good liberal fool.
I am not a liberal, nor am I a fool. I am a human being and an American. We're not discussing the Recovery Act program that saved or created millions of jobs, we're talking about the deception by republicans with regard to gas prices.
Stop the lying.
"I'm not a liberal".
Ok, you're a communist. Whatever. Nobody cares.
william do you have any concrete proof that he is a communist? any factual data? based on what you have just said im guessing your not a critical person but just a troll.
He is a communist I saw the hammer and sickle flag in his house
Much truth babina.
JP morgan and wells fargo make bilions on oil and who allows them to be large monopolies? The right wing GOP for the rich of the rich. 40 yrs. of making it legal to rape the middle class and poor hopefully is about to end. The DEMs will bring the american dream back. Obama 2012.
Scott Walker for President !! 2012
LOL, good one dave...i think i pee'd a little
The GOP house of reps led by the phoney Cry Baby ,Lip licking Bonehead Boehner have been a losing part of the government since last election . The most probable worst is yet to come if Boehner is replaced by his sissy looking assistant Cantor. They can't legislate or get anything passed from the Dem Senate and/or a Presidential Veto. When they brag that they won the house President Obama must have been up all night laughing. A bunch of dead wood led by a loser with an assistant that is even more pitiful than the leader. You guys are going to get a trophy for being the worst House of Reps EVER.
This is very confusing. Is the article saying that people will think to themselves "Republicans said gas prices would continue to rise, but since they have not, I will vote for the other guy"? Because if voters will go through the trouble of thinking about what republicans said months before the election, and then compare that with the reality at the time, surely it wouldn't take much more effort to think through each candidate in their entirety, which would mean not thinking much about gas prices whatsoever.
the article is assuming people are all as stewpid as typical liberal fools. which most people aren't.
Yes, liberals make the mistake of thinking we're all just sheeple and can't think for ourselves just like they do.
stop the maddening...if you're going to characterize others as being "stewpid", you might want to learn how to write a complete (and properly punctuated) sentence before foaming at the mouth.
Fights....it's no mistake...both liberals and silver-tongued Republitards think you are all sheeple.
GOP = Goodbye Old Party
Republicans are Out of Gas......
Nah, they are just waiting in the wings.
Panty Liners have wings now? Whoops, I mean Party Liners.
a bit of English humor:
"..So what will the Republican Tea Partiers say when the prices of their fools at the pump starts going down?"