This makes the trip to the pump a bit easier
03-29-2012, 12:45 AM
#81
I feel the same as MrFX4. Yeti, please stop showing your intelligence with your posts. Oh and btw, BHO is ruining our country on purpose. Muslim, fake birth certificate, and full of lies. If you don't believe me then just wait a while and you'll see his Socialist side really come out right before he loses the election. Mr.FX4 1 Yeti 0
03-29-2012, 01:18 AM
#82
^^ wow! Just wow! Lots of people ITT who need to have their voters registration pulled. Not because I disagree with them but because of their ignorance. Oh and nice one with the cheap shot at the wife.
03-29-2012, 06:41 AM
#83
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I respectfully disagree; politicians set the national tone and policy for energy production, acquisition, and even consumption. The Keystone Pipeline is such an example and we already see BO backpeddling, because public opinion is strongly against him. Price impact may not be immediate, but policy (such as dealing with OPEC) does indeed impact prices of oil and part of the reason why I pay $4 per gallon, while my cousins pay $7.
What's Barack's approval rating this week ... 41%? America has overwhelmingly had enough of the community organizer with empty promises and the wrong kind of change. Count me in the majority in recognizing that Obama is an utter and massive failure.
What's Barack's approval rating this week ... 41%? America has overwhelmingly had enough of the community organizer with empty promises and the wrong kind of change. Count me in the majority in recognizing that Obama is an utter and massive failure.
Can we do a better job on transportation (pipelines) and refining capacity? Hell yeah. Will it make a difference in prices at the pump? Yes, a few dimes. I agree with that.
03-29-2012, 08:04 AM
#84
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Have you seen any gas stations that are out of gas? I haven't. There is no shortage of oil. Period. Saudi Arabia alone, has a production capacity of 12.5 million barrels of oil per day... way more than current demand.
The price of gasoline is determined by two things - the commodities market (price of oil) and taxes. Everything else is just a red herring. Oil prices are determined on a world market. Big oil? Have you heard that term? Another red herring. Anyone can buy and sell oil. You can buy oil right now... from your home computer.
Now ask yourself, why is oil up? What you are seeing is a devaluation of the US dollar. Every time the fed pumps out more dollars, the buying power of a dollar falls. Oil is bought and sold in US dollars and right now, dollars are worth less than they've ever been. So yes, to some degree, Obama is responsible for high gasoline prices, but so is every politician spending us into oblivion. Until we get our economy in order, don't expect oil to become cheap.
The price of gasoline is determined by two things - the commodities market (price of oil) and taxes. Everything else is just a red herring. Oil prices are determined on a world market. Big oil? Have you heard that term? Another red herring. Anyone can buy and sell oil. You can buy oil right now... from your home computer.
Now ask yourself, why is oil up? What you are seeing is a devaluation of the US dollar. Every time the fed pumps out more dollars, the buying power of a dollar falls. Oil is bought and sold in US dollars and right now, dollars are worth less than they've ever been. So yes, to some degree, Obama is responsible for high gasoline prices, but so is every politician spending us into oblivion. Until we get our economy in order, don't expect oil to become cheap.
Last edited by Jocksagent; 03-29-2012 at 08:08 AM.
