| Test #1 for Obama Supporters
Posted: 6/28/2008 7:20:09 PM | | ^^ true, including knowing that no president has the power to lower gas prices (barring possibly imposing price caps in one country). They can only pursue policies that might affect gas prices---like, for example, creating complete havoc in oil-rich parts of the world. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 7:23:52 PM | | No President has the power to lower gas prices.. but.. the Democrats promised to lower gas prices two years ago... since they have somehow managed to "raise" the price of gas they want to blame the President who really has no control over the price of gas according to your comment. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 7:32:01 PM | k. i'll play.... didn't read any other posts or look up the answers... naked as it were...
first and foremost, i'm supporting obama simply because he said he will investigate the current administration which after the trillions wasted in Iraq, 1oo's of thousands of innocents murdered, the collapsing economy, ignoring of the constitution and legislating with signing statements, torture of people including children, that prosecution of him and his buddies should be preeminent and of utmost concern for any american with a brain.
in regards to oil, i believe he's not really looking at things so simplistically. he sees that its a larger problem that drilling more is not going to solve and has pledged 15 billion a year to alternatives, a number i think is WAY too low when compared to 12 billion spent each month in iraq.
in regards to taxes i believe he will raise them and that these raises will be directed toward the gluttons of this system like big oil. i think he will also try to close loop holes that help these companies avoid paying taxes. there is no choice but to raise taxes because of the hole bush and co made by robbing the coffers of this country.... i'm pretty sure he thinks the tax cuts during the invasion and occupation of iraq were stupid. i'm comfortable with more taxes as long as the money is being used wisely and not for invasions of third world countries. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 7:32:37 PM | uhh...bush probably is directly responsible for some of the price increase.
what do you think this UNNECESSARY war has done in terms of demand for oil?
what do you think the risk this was has caused in the region has done for speculation?
the democrats are now working to close so-called Enron loophole which put limits on the ability of the Commodity Futures Trading Commission (CFTC) to prevent speculative trading in energy and commodity markets. Since the Enron loophole went into effect in 2000, the price of crude has risen by nearly 500 percent. It's called the Enron loophole because it was Bush's chief campaign contributor, Enron, that lobbied to have the act put in. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 7:32:38 PM | | glamour, If you acknowledge that the president lacks the power to lower gas prices, how can you possibly think that the "democrats" (as an amorphous group?) have the power to raise them? | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 7:39:57 PM | Ms.Glamour,
every question asked of him or his policies is framed as baiting...lol and when you point out the truth they have your post and you deleted..it's what they do!
He has no stance on anything yet promises everything, remember he speaks so well
Why he just makes me feel good all over....
I'm voting for Owhats his name because I believe everything he says what ever that is... | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 7:48:31 PM | "fear card"
you're right, based on where i live the senarios you mention do pose more of a threat. but then i'm not the president and neither are you. we can afford the luxury of being simple-minded & short-sighted. i suspect you might have a different point of view, if the safety and well-being of millions of people where your responsibility. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 7:53:44 PM | nomadic
it's not that democrats have the "power" to raise them. well except for raising the gas tax, but outside of that no.
it's that the policies promoted by democrats as well as those they prevented have in large part produced the current imbalance of oil supply and demand. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 7:53:47 PM |
glamour, If you acknowledge that the president lacks the power to lower gas prices, how can you possibly think that the "democrats" (as an amorphous group?) have the power to raise them? When a Speaker of the House.. 3rd in command says she will lower gas prices and she is a Democrat.. and Democrats always tell the truth judging by this forum.. well I kind of believed her.. then..so yah I got sucked into the "we will lower gas prices hoopla" two years ago.. my expectations of the Democrats were very high.. much too high.. I've since learned to keep those expectations at a much lower level. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:00:35 PM | "democrats are now working to close so-called Enron loophole "
since i am fairly new to trading futures contracts, could you explain exactly what is the Enron loophole and how it works? i'd like to use it to my advantage before it gets closed. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:01:42 PM |
When a Speaker of the House.. 3rd in command says she will lower gas prices and she is a Democrat..
citation please.
it's that the policies promoted by democrats as well as those they prevented have in large part produced the current imbalance of oil supply and demand.
I'm not saying this isn't so (I don't know whether it is or not), but I would like some examples.....if you would please supply them. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:09:24 PM | cpf,
hahah...
better google it quick, it's mostly a regulatory regime.
but since Bush would be responsible for it's enforcement, you should be safe until the next administration. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:14:48 PM | sure the ban on drilling in the contential shelf for example. or the first windfall profits tax from the carter administration. or the refusal to allow oil shale development in the western US. or environmental regulations which have made it an economic impossibility to increase refinery capacity to any extent in the US. i mean we not only import oil, but we import gasoline also.
which party would you say would be most responsible for the lack of nuclear power plant construction in the US? which country is the only country in the world which does not reprocess spent nuclear fuel bundles? yep, the US. thx, jimmy carter and the democrats.
enough examples?
but don't worry we can conserve our way to lower energy costs. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:18:10 PM | | ^^^^ no its possible to conserve our way to lower gas prices, once the poor have starved to death. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:22:17 PM | erik,
as i figured you don't know what the so-called enron loophole is do you?
be that as it may. i wonder, since i am short oil on the back of the board do you have a problem with that? i mean, if i am "speculating" oil will go down is that ok? how about southwest airlines hedging fuel through commodity "speculation" to reduce their costs or large resturant chains doing the same to lower food costs? that ok. are you against all "speculation" or just the bad speculation? or as i suspect are you just parrotting what you've heard democrat politicans yap about so they don't have to explain why XOM or COP can't drill off either coast, but Petrobras can drill 45 miles from the coast of Florida. just how many futures contracts have you traded lately anyway? | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:22:28 PM | carter reduced oil consumption in the US by 1/6th by conservation only. and he didn't have to fight a war to do it.
it was enough to scare the price of oil down for a generation and kill all conservation programs. Reagan fell for it.
hell, in California we're at almost 30% renewable energy and we're hardly trying. keep your nuclear reactors. competition from renewable sources will bring the price down. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:29:01 PM | | Didn't we have a shortage of gasoline at some point during the Carter administration? Long lines at the pumps? | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:29:25 PM | cpfstock,
i work for a transportation company which spends hundreds of millions of dollars annually on the purchase of fuel. it's our single largest variable cost component and one of our largests risks. we hedge a portion of that risk through the futures market. so i know there's a sound business need.
but, californians know all too well what's possible when companies like Enron, for whom the loophole was passed, are completely unregulated. we paid for it here in california in the billions. that's why we have trade commissions and regulations, to protect the public which the current and previous administrations failed to do. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:31:01 PM | glamour,
the oil embargo started before Carter.
it started in 1972 when nixon was president. the OPEC nations were angry with us for providing material aid to Israel during the Yom Kippur war.
This is why Carter implemented his energy conservation programs and renewable energy programs which were abandoned as soon as the price went down. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:33:08 PM |
first and foremost, i'm supporting obama simply because he said he will investigate the current administration which after the trillions wasted in Iraq, 1oo's of thousands of innocents murdered, the collapsing economy, ignoring of the constitution and legislating with signing statements, torture of people including children, that prosecution of him and his buddies should be preeminent and of utmost concern for any american with a brain. Well that's already being done.. the Democrats have been doing nothing but holding hearings trying to produce any dirt they can on the current administration and what has it gained? nothing, nothing, nothing.. but a low approval rating for the Congress.. now I see why Pelosi took Impeachment off the table she wanted to waste time with hearings to try to plant as much speculation as possible but not proving anything. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:34:43 PM | | Okay.. but what administration am I thinking of when we had long lines at the pumps? | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:38:23 PM | it was carter when we had lines.
i'm saying his program succeeded because OPEC lowered the price of oil for a generation thereafter. | |
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| Test #1 for Obama Supporters
Posted: 6/28/2008 8:38:56 PM | | The ignorance of the average American is astounding...yeah he's gonna tax big oil...you will pay the tax idiot,corporations and businesses pass on taxes to consumers...but it's ok all you little "change "monkeys just keep chattering and jumping from tree to tree | |
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