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Show ALL Forums  > Off Topic  > are the gas prices killing you yet      Home login  
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 laughingatliberals
Joined: 10/11/2011
Msg: 526
are the gas prices killing you yetPage 22 of 27    (1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27)

They have never been drilling more for oil than they are now, but do not let facts get in the way of a good blaming the black guy speech.


Huh I guess obozo's moratorium on drilling in the gulf and him stopping the drilling on federal land is just a figment of my imagination.

There is more drilling on private lands the anointed one has stopped all other. That will change when the new Prez gets in.

Funny I didn't mention color project much do you?
 Aristotle_Amadopolis
Joined: 12/8/2011
Msg: 527
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are the gas prices killing you yet
Posted: 6/6/2012 6:25:39 PM

Huh I guess obozo's moratorium on drilling in the gulf and him stopping the drilling on federal land is just a figment of my imagination.

No it was planted there by Fox news.





Funny I didn't mention color project much do you?

I have no idea what you are trying to say as it is both a fail at grammar and some what cryptic and if you look up "Color Project" there are several different things that come up and none seem to have anything to do with the price of gas.

So you will have to be a bit more specific if you want me to be able respond.
 laughingatliberals
Joined: 10/11/2011
Msg: 528
are the gas prices killing you yet
Posted: 6/6/2012 6:50:10 PM

No it was planted there by Fox news.


You mean the #1 news source in the world.


I have no idea what you are trying to say as it is both a fail at grammar and some what cryptic and if you look up "Color Project" there are several different things that come up and none seem to have anything to do with the price of gas.

So you will have to be a bit more specific if you want me to be able respond.


I can't make it any simpler for you sorry. Keep up your studies maybe one day you will get to the level of understanding that you can comprehend plain english.
 Aristotle_Amadopolis
Joined: 12/8/2011
Msg: 529
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are the gas prices killing you yet
Posted: 6/6/2012 8:27:18 PM
You mean the #1 news source in the world.

Well like the say, Fox News - Not Racist, But Number One With Racists!" sign. The Simpsons'




I can't make it any simpler for you sorry. Keep up your studies maybe one day you will get to the level of understanding that you can comprehend plain english.

This is what you wrote: "Funny I didn't mention color project much do you?" now read it and read it again.



FYI: Seeing as we on the topic of studies, english should always be English.

Adjectives of nationality and languages should always be written with an initial capital letter in English.
 laughingatliberals
Joined: 10/11/2011
Msg: 530
are the gas prices killing you yet
Posted: 6/6/2012 8:39:33 PM

You mean the #1 news source in the world.

Well like the say, Fox News - Not Racist, But Number One With Racists!" sign. The Simpsons'




I can't make it any simpler for you sorry. Keep up your studies maybe one day you will get to the level of understanding that you can comprehend plain english.

This is what you wrote: "Funny I didn't mention color project much do you?" now read it and read it again.



FYI: Seeing as we on the topic of studies, english should always be English.

Adjectives of nationality and languages should always be written with an initial capital letter in English.


Again no rebuttal just attacks but when you don't have any grounds to stand on I guess that is all you can do.
 ThinkinginCA
Joined: 4/14/2010
Msg: 531
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are the gas prices killing you yet
Posted: 6/6/2012 8:50:58 PM
^^Rebuttal for what? He already told you that you were wrong about the moritorium which was lifted after a year and the gov't is already granting more leases than it ever has. Do a Google search on how much of our oil is now coming from domestic sources, much of it from gov't leased lands, and you'll see that you were sold a lie by Fox.

Of course, it sux that Obama's administration seems to be too cozy with BP and other oil producers, which I'm sure also causes a cognitive dissonance in Fox audience, but it is what it is.
 laughingatliberals
Joined: 10/11/2011
Msg: 532
are the gas prices killing you yet
Posted: 6/6/2012 9:02:51 PM

^^Rebuttal for what? He already told you that you were wrong about the moritorium which was lifted after a year and the gov't is already granting more leases than it ever has. Do a Google search on how much of our oil is now coming from domestic sources, much of it from gov't leased lands, and you'll see that you were sold a lie by Fox.


Fox is not my only news source. Obozo didn't lift the moratorium the courts have just started allowing some drilling to resume.

I have googled it and here is the link.

https://www.google.com/search?aq=0&oq=is+drilling+allowed+in+the&sugexp=chrome,mod=15&sourceid=chrome&ie=UTF-8&q=is+oil+drilling+allowed+in+the+gulf

Obozo is still blocking drilling as much as he can. That will end as soon as we send him on vacation in November.
 single_forever
Joined: 8/23/2007
Msg: 533
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are the gas prices killing you yet
Posted: 6/7/2012 5:34:04 AM
Peak oil is a myth. Like the "global warming" fraud, liberals will believe in anything if it allows them to impose the misery and austerity of their own lives onto the rest of us. All for equality's sake.
 Earthpuppy
Joined: 2/9/2008
Msg: 534
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are the gas prices killing you yet
Posted: 6/7/2012 6:44:18 AM
What really qualifies as a myth, is the concept that there is a perpetual supply of cheap oil and the president opposes this. Fox noise pundits were bending over backwards 4 years ago to argue what the IEA and other global resource experts have been saying. The era of cheap, readily available oil is over, we are riding on a plateau of production, new production is getting more expensive, and global markets and political instability now drive prices beyond any sort of domestic control.

If the US tried to socialize our domestic production to ensure state controlled gas prices, you can bet your bottom dollar that the right would be up in arms, funded by Mobil, Exxon, Shell and Chenaire. The world is willing to pay more for gas than we are and as a result last year we exported more gas than we imported for the first time since 1949.
http://content.usatoday.com/communities/ondeadline/post/2012/02/us-exported-more-gasoline-than-imported-last-year/1

The gas being drilled today is being done deeper, done further offshore, involves fracking and will include coalbed methane and tar sands. These desperation moves are extremely risky, dirty, and involve sacrificing groundwater supplies, surface water and air quality, and trashing out the fisheries off shore with every "little" oops moment like the BP spill, just one of many in the past and more to come. If you want to talk about who is imposing misery and austerity onto Americans, talk to folks in the fracking belts, or shrimpers and fishermen in the Gulf. The "free" market is imposing this with little environmental oversight to protect sacrificial communities.

For all the fracking mess being done, the US is poised to approve massive exports of LNG to help offset our national debt problems. The tar sands pipelines are being built for exports either from the Gulf Coast or theAtlantic and Pacific Coasts. With a "socialist" like Obama championing record drilling and exports, there is little doubt that a good capitalist like Romney would push exports even harder for his well oiled friends.
http://www.nytimes.com/2012/03/23/business/energy-environment/inching-toward-energy-independence-in-america.html?pagewanted=all

Much of US energy policy is socialized already with the US military using more energy than any other sector, the failed multi-trillion dollar oil wars, and ongoing operations to destabilize then stabilize the middle eastern for our oil dependency there.

And if you really want to discuss misery and austerity, consider the generations from now dealing with wells pumped dry, lack of potable water, toxic ponds, rivers, lakes and oceans, soils depleted and forests squandered for bio-fools scams and ask them how special they think we were.
 laughingatliberals
Joined: 10/11/2011
Msg: 535
are the gas prices killing you yet
Posted: 6/7/2012 7:18:47 AM

And if you really want to discuss misery and austerity, consider the generations from now dealing with wells pumped dry, lack of potable water, toxic ponds, rivers, lakes and oceans, soils depleted and forests squandered for bio-fools scams and ask them how special they think we were.


Yeah yeah yeah......And the Alaska pipeline was supposed to wipe out many of the species of wildlife there. It ended up expanding the population of most. The heated pipeline actually extended the mating season and the animals flourished.




With a "socialist" like Obama championing record drilling and exports, there is little doubt that a good capitalist like Romney would push exports even harder for his well oiled friends.


I hope our new President does open the drilling back up and put oil workers back to work.

I live on the gulf coast and while the spill hurt, the effects of the actual spill is mostly over. In Panama City Beach there was almost no ecological effects. A few tar balls washed up during the spill. By the next summer they were no longer there. The seafood here is still good the FDA has been checking the harvest and have found no ill effects. I buy from a market that gets fresh catches daily.

What is killing us now is the inability to drill.
 DragonBits
Joined: 1/6/2012
Msg: 536
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are the gas prices killing you yet
Posted: 6/7/2012 9:37:05 AM
So now that gas prices are coming down, it everyone happier? Maybe we get lucky and enter a depression, then gas prices will really go down.
 single_forever
Joined: 8/23/2007
Msg: 537
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are the gas prices killing you yet
Posted: 6/7/2012 5:39:30 PM
Peak oil is a myth. Invented by Shell Oil to justify higher gas prices.

Of course petroleum is a finite resource. But it doesn't cost anywhere near $3 to bring a gallon of gas to market.

If you want to levy a $2/gallon tax on gasoline, and use the money to develop better infrastructure and alternative energy technologies that is fine by me. But I don't see why we should allow oil companies to fix the price of energy that our economy depends on.
 Neopoli
Joined: 3/1/2011
Msg: 538
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are the gas prices killing you yet
Posted: 6/7/2012 5:41:42 PM

Case in point, The Continental United State gets 3,900% MORE sun than Germany, yet Germany has 6000% more solar usuage than the USA. https://fbcdn_sphotos_f-a.akamaihd.net/hphotos-ak-ash4/248164_10150944839359708_2114244524_n.jpg

But by all means, keep swallowing that Fox "news" propaganda.


Thanks for the simpleton unreferenced cartoon graphic, aimed at children, & those who cant read.

Hmmm...what does "6000% more solar usuage than the USA" mean??


The German solar PV industry installed 7.5 GW in 2011,[2] and solar PV provided 18 TWh of electricity in 2011, about 3% of total electricity.


http://en.wikipedia.org/wiki/Solar_power_in_Germany

If we matched Germany, it would cost tens of billions of dollars initially, then tens of billions of dollars per year to maintain, would account for less than 1% of our total production, yet would nearly double everyone's electricity bills due to the exhorbitant cost of this not-nearly-perfected, highly expensive & technologically mediocre product .

Another multi-billion dollar goverment-subsidized program that would have virtually no impact whatsoever, other than making a few people feel good about going green while lining the bulging pockets certain selected multi-national pet corporations(think SOLYNDRA).
 laughingatliberals
Joined: 10/11/2011
Msg: 539
are the gas prices killing you yet
Posted: 6/7/2012 8:03:42 PM
Another multi-billion dollar goverment-subsidized program that would have virtually no impact whatsoever, other than making a few people feel good about going green while lining the bulging pockets certain selected multi-national pet corporations(think SOLYNDRA).


Yep the liberals answer is always throw more taxpayers money at it.

How about building more refineries? Seeing as we haven't built one since the 70'S.

There is 250 year supply of oil in North and South Dakota alone. That is not counting ANWAR and the gulf or either coast.

We could drill our own oil and cut off the middle eastern countries.

As far as record profits the government makes way more off each gallon of gas than the oil companies.

Talk about drinking the kool aid.

I checked into installing solar panels as I live in Florida where they work the best. To get a system to run my home I would have to invest over $40,000.00 worth of equipment. I have a small house just over 500 sq ft.

Then I would have batteries to up keep yearly. Needless to say it is NOT cost effective.

Do you see why SOLYNDRA failed?

I have no problem with finding other sources of energy when the market demands it and makes it cost effective.

Throwing billions of our tax money away on trying to force it onto the market has to stop.
 ThinkinginCA
Joined: 4/14/2010
Msg: 540
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History
are the gas prices killing you yet
Posted: 6/7/2012 8:29:17 PM
You really need to do your research.

Solyndra was originally invested in by few rich benefactor/investors, Walton and Kaiser families, if I'm not mistaken.

They asked for government loan guarantees (the government doesn't actually put the money up, but they guarantee the loans in case the company goes under, but they also have rights to the company's assets) while Bush was still in office and applied just like any other new tech company.

They failed mostly because the Chinese started dumping low cost cells on the market, and eventually failed even though they had a breakthrough technology because they couldn't compete with companies using cheap labor.

"In May 2005, Chris Gronet founded Gronet Technologies and changed its name to Solyndra eight months later. It was founded to provide an alternative to silicon-based solar panels amidst a worldwide shortage.[10] On July 29, 2005 the United States Congress passed the Energy Policy Act of 2005, a bill intended to address a variety of developing energy problems in the United States. The bill was signed into law by George W. Bush on August 8, 2005. Amongst other things, the bill authorized the Department of Energy to offer loan guarantees to help finance promising energy projects. Advertising of this program in August 2006 resulted in the Department of Energy receiving 134 preliminary applications for the program, including one from the Fremont, California-based Solyndra Corporation in order to build a new manufacturing facility "Fab 2" for its unique solar panel technology.

In October 2007, the Department of Energy had completed vetting of the applications and had narrowed the number it was still considering to 16, one of which was the application from Solyndra. The remaining 16 were invited to submit full applications for the program, and Solyndra did so in May 2008. On January 9, 2009, the Department of Energy's credit committee decided unanimously that although the project "appears to have merit, there are several areas where the information presented did not thoroughly support a finding that the project is ready to be approved at this time." The committee "without prejudice" remanded the project "for further development of information."[11][12]


President Barack Obama examines a solar panel with Solyndra CEO Chris Gronet (right) and Executive Vice President Ben Bierman, during a tour of Solyndra.

Timeline of Solyndra loan approvalAfter President Obama took office, analysts in the Energy Department and in the Office of Management and Budget questioned the loan, as one Energy official wrote in an e-mail of "a major outstanding issue": cash flow predictions showed that the Fab 2 subsidiary (the entity receiving the loan guarantee) would be low on cash in September 2011, possibly needing help from the parent company until the cash flow recovered in subsequent months.[13]

In March 2009, after a successful milestone in the approval process, the White House wanted to announce the loan guarantee. One White House budget analyst nixed the announcement in a March 10, 2009 e-mail, writing "This deal is NOT ready for prime time" and listing remaining milestones.[14][15]

On March 20, 2009, the Department of Energy committee that had remanded the loan application in January made a "conditional commitment" to Solyndra's proposed $535 million loan guarantee, with final approval scheduled for September.[16][17] The White House and Solyndra had estimated that the loan would help to create 4,000 new jobs.[1]

In August 2009, an Energy Department stimulus adviser, Steve Spinner, pushed for a quicker final decision on the loan, though he had recused himself from the approval decision itself because his wife's law firm had done work for the company.[18] According to the Washington Post, the Obama administration tried to rush federal reviewers to approve the loan so Vice President Joe Biden could announce it at a September 2009 groundbreaking for the company’s factory.[19]

The White House scheduled a press event for September 4 and federal reviewers gave final approval on September 2.[20] After securing the loan guarantee, the Federal Financing Bank, a part of the Department of the Treasury, loaned Solyndra the money on September 4, 2009.[21] Solyndra used the loaned funds to build a new manufacturing facility, Fab 2, in Fremont, California. Construction began in September 2009 and was completed in June 2010.[22] In May 2010, the company was promoted by President Obama in his visit as a model for government investment in green technology.[23] It was also visited by Energy Secretary Steven Chu.[24]

In February, 2011, Solyndra restructured its loans with government approval, in an attempt to keep the company afloat. Two funds (Argonaut Ventures LLP and Madrone Partners LP) invested an additional $69 million as part of the restructuring, and Solyndra's debt to the government was subordinated to this new investment. Assistant Treasury Secretary Mary Miller wrote emails at the time stating that this subordination might be illegal, and should be cleared with the Justice Department first, but Energy Department officials proceeded based on an internal legal opinion by the loan program's lawyers.[18]

On October 14, 2011 two senior Treasury officials said that they had never seen a loan restructuring like Solyndra, stating the half-billion dollar loan to Solyndra Inc. was restructured so that private investors moved ahead of taxpayers for repayment. Democrats criticized Republicans for not allowing the Energy Department to testify and for blocking the release of an Energy Department memo that outlined the legal basis for its decision to restructure the loan to Solyndra.[25]"
 laughingatliberals
Joined: 10/11/2011
Msg: 541
are the gas prices killing you yet
Posted: 6/7/2012 8:38:21 PM

You really need to do your research.

Solyndra was originally invested in by few rich benefactor/investors, Walton and Kaiser families, if I'm not mistaken.


I don't care how much the private investors lost. It is the over half billion of tax payers money that obozo lost that irks me.

http://www.bloomberg.com/news/2011-11-17/solyndra-loan-decisions-mine-chu-to-tell-republican-led-panel.html

BTW if it had been a GOP backed deal the liberals would have lost their minds by now.

Bottom line the anointed one gave his cronies half a billion that the tax payers will never see again.

I am very up to date on research and the blame falls directly on obozo!
 laughingatliberals
Joined: 10/11/2011
Msg: 542
are the gas prices killing you yet
Posted: 6/7/2012 9:50:00 PM

Solyndra was originally invested in by few rich benefactor/investors, Walton and Kaiser families, if I'm not mistaken.


Yes it was and lets see just who is in bed with the Kaiser's.


Tulsa billionaire George Kaiser, a key Obama backer who raised between $50,000 and $100,000 for the president’s election campaign, is one of Solyndra’s primary investors. Kaiser himself donated $53,500 to Obama’s 2008 election campaign, split between the DSCC and Obama For America. Kaiser also made several visits to the White House and appeared at some White House events next to Obama officials.

Campaign finance records show Kaiser and Solyndra executives and board members donated $87,050 total to Obama’s election campaign.

And now, just two years after securing a half-billion-dollar federal loan, Solyndra has said that it will declare Chapter 11 bankruptcy.



Read more: http://dailycaller.com/2011/09/01/bankrupt-solar-company-with-fed-backing-has-cozy-ties-to-obama-admin/#ixzz1xApm93hg


Imagine that!

A guy that just happened to give obozo over $87,000.00 gets a loan for over half a billion from the obozo administration.

Why do I get the image of Obi-Wan Kenobi with the face of obozo waving his hand saying these are not the billions you are looking for.
 ThinkinginCA
Joined: 4/14/2010
Msg: 543
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History
are the gas prices killing you yet
Posted: 6/8/2012 12:49:59 AM

Tulsa billionaire George Kaiser, a key Obama backer who raised between $50,000 and $100,000 for the president’s election campaign, is one of Solyndra’s primary investors. Kaiser himself donated $53,500 to Obama’s 2008 election campaign, split between the DSCC and Obama For America. Kaiser also made several visits to the White House and appeared at some White House events next to Obama officials.



You're shocked that the rich donate money to presidential candidates?

I don't disagree with you that Solyndra got preferrential treatment, but loan requests were already written by the time Obama took office, though it was approved pre-maturely by eager DOE managers. It was a way for the new administration to talk up industries that could provide jobs, no doubt they screwed up there. But Kaiser's visits to the White House was to lobby for action on behalf of Solyndra AND the industry as a whole...solar stock prices were getting hammered by Chinese dumping cheap panels on the market....stockholders (like Kaiser) who bet on the industry was getting massacred on the street when stocks started nosediving. Anyone who had stock at the time was hurting....I know, I did. So when the whole scandal broke, and the company that I owned stock in, Sunpower started getting lumped in with Solyndra, I wrote my solar consultant friend that does work with the government programs (independent consultant) for his insight on the situation and this is what he wrote back:

"The difference between Solyndra and Sunpower is that the latter has a cost-competitive product. I don’t believe that Sunpower is at death’s door (although I suppose that sufficiently repeated slanted items such as the one you linked could push the Wall Street sheep in that direction). And the government won’t be “investing” a dime unless the company’s project is driven under. The idea is that it will repay all the guaranteed loans plus interest (and a nice ROE). That is the outcome that I expect. It’s moderately risky primarily because of its first-of-a-kind scale, which makes its construction schedule longer than previous projects and that magnifies pricing risks in a declining-cost industry like PV.

It’s very interesting how the Right wingers are latching onto the Republican-spawned DOE Loan Guarantee Program (maybe the only thing that ever W did right) as a cudgel to bash Barack—they’re really hoping for more failures to “prove” that he “picked the wrong winners”. Just as with the Swift Boats, they’re counting on the short fuse between now and next year’s election to give insufficient time for the truth (that most of the guaranteed projects will be successful and will spur the economy) to become apparent. The direct jobs created at the plant site are the tip of the iceberg. Yes, there will be some new jobs in Mexico (the better to entice a few Mexicans to stay on their side of the border, says I) as well as a few in Malaysia and the Philippines, where Sunpower’s cells have long been made, but the multiplier is in the indirect jobs created by the ever-larger and numerous follow-on plants that will become possible after CVSR’s evident success. "

Oh, and here's what George Kaiser's multiple visits to the White House probably bought him:

In May 2012, the Obama Department of Commerce imposed steep tariffs on Chinese made solar panels, claiming their manufactures received massive amounts of help from the Chinese government and dumped large quantities of cheap panels on US markets, crippling US manufactures.[42]

 Aristotle_Amadopolis
Joined: 12/8/2011
Msg: 544
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History
are the gas prices killing you yet
Posted: 6/8/2012 5:17:59 AM
Talk about drinking the kool aid.

I checked into installing solar panels as I live in Florida where they work the best. To get a system to run my home I would have to invest over $40,000.00 worth of equipment. I have a small house just over 500 sq ft.

Then I would have batteries to up keep yearly. Needless to say it is NOT cost effective.

Do you see why SOLYNDRA failed?

Well let see how that solar company that received $1.5 million in state loans when Romney was governor of Massachusetts is doing.

Oh darn, would you like some Kool-aid to wash down your humble pie with?

Romney’s solar slam at Obama backfires
Boston Articles
June 05, 2012

A Lowell-based solar technology company that received $1.5 million in state loans when Mitt Romney was governor has filed for bankruptcy, opening the presumptive Republican presidential nominee to charges of hypocrisy.

Konarka Technologies disclosed Friday that it had filed for Chapter 7 bankruptcy protection and would fire its 80-member staff and liquidate its assets.

Romney has chided President Obama for investing $535 million in a different solar company that failed, and has insisted governments should not pick winners and losers in the private sector. He held a press conference at the Fremont, Calif., headquarters of that company, Solyndra, last Thursday, saying, “Free enterprise to the president means taking money from the taxpayers and giving it freely to his friends.’’

http://articles.boston.com/2012-06-05/nation/32033674_1_president-obama-renewable-energy-mitt-romney
 unYOUsual
Joined: 8/11/2011
Msg: 545
are the gas prices killing you yet
Posted: 6/8/2012 6:21:11 AM
1.5 million compared to 535 million....you guys really are desperate ... states make investments in business is all the time offering tax incentives grants and what not to draw business.... under the obama administration this company was 1 of the 183 "clean energy companies" that received 2. 3,000,000,000 dollars in tax credits...lol
 BigBadNIrish
Joined: 1/31/2011
Msg: 546
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History
are the gas prices killing you yet
Posted: 6/8/2012 7:08:32 AM

1.5 million compared to 535 million


Apparently you have no concept of scale...the Mass budget for 2011 was nearly $30 billion while the federal budget was $3.8 trillion...making the comparision of $1.7 million Mass spent on a failed business, in scale, the same as $535 billion the feds spent on a failed company of a corporation....and while we're at it...what exactly was the difference from the feds supporting a business and the state supporting a business???
 TheManOfTheHouse
Joined: 5/10/2008
Msg: 547
are the gas prices killing you yet
Posted: 6/8/2012 7:13:30 AM
Obama crackdown on oil speculators is 100% BS. Next Obama be cracking down on illegal immigrants from Mars, this oil speculator thing does not exist, period. Price is set by supply and demand. The biggest supplier is the Saudis, they are the price setters more or less. World demand is dropping and prices have fallen. I think everyone is afraid we might be going to recession again, or we've been in recession and its just getting worse, I don't know.

I am one of those oil traders, I'm one of those a-holes, that's me :) I take risk with my money to make a few dollars and you benefit by not having large price swings in gas prices.

I remember in 2006/2007 writing on here about how it was a bad idea to buy a house and to take any loans against it. All the remodel jobs or need to pay for your cosmetology school, new car, Jimmy Choo shoes, etcetera etcetera, remember? I had several post deleted for warning people about the financial pearl they were putting themselves in, it was amazing.

Now I get to do it again. Here in California gas is over 4.00 a gallon. I've been paying a buck a gallon for my gas and you can too if ya just knew how to do it. Its perfectly legal, easy and Obama is aware of it. Your cost go up mine go down. Delete this post if you want :)
 laughingatliberals
Joined: 10/11/2011
Msg: 548
are the gas prices killing you yet
Posted: 6/8/2012 9:35:29 AM
Your assumption would be correct I am against throwing taxpayer money away. I am actually closer to the beliefs that Libertarians have than either of the top two parties.

However without doubt the GOP the lesser evil.

We have to shrink government if we want this country to survive.

Obozo has done nothing to fix the problem he has in fact accelerated the problem by growing government and throwing money at it.

Bottom line is gas was $1.84 a gallon when obozo came in and it has more than doubled. While he was cracking down on any type of carbon fuel and, throwing OUR money into companies the free market will not support.

If you liberals would be honest obozo has just been one colossal fail from day one.
 ThinkinginCA
Joined: 4/14/2010
Msg: 549
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History
are the gas prices killing you yet
Posted: 6/8/2012 9:51:29 AM

Obama crackdown on oil speculators is 100% BS. Next Obama be cracking down on illegal immigrants from Mars, this oil speculator thing does not exist, period. Price is set by supply and demand. The biggest supplier is the Saudis, they are the price setters more or less. World demand is dropping and prices have fallen. I think everyone is afraid we might be going to recession again, or we've been in recession and its just getting worse, I don't know.


You are like 15-20 years behind. While Saudi is still a big producer, there are now all kinds of oil producers from Venezuela to Canada to Azerbaijan where the next world's tallest building is being planned. And if price is set only by demand, please explain "Contango".

http://en.wikipedia.org/wiki/Contango



I am one of those oil traders, I'm one of those a-holes, that's me :) I take risk with my money to make a few dollars and you benefit by not having large price swings in gas prices.


If that's true, seems to me your survival depends on keeping that informtion out of the public spotlight.


If you liberals would be honest obozo has just been one colossal fail from day one.


Well, Like I said, you got nothing....it's all about opinions without any information.
 laughingatliberals
Joined: 10/11/2011
Msg: 550
are the gas prices killing you yet
Posted: 6/8/2012 10:40:49 AM

Well, Like I said, you got nothing....it's all about opinions without any information.


You liberals keep telling yourselves that. The American people have something.......A pink slip for obozo and many of the left wing senators.

They will be delivered on Nov. 6TH 2012!
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