1 - Obama loses.
2 - A Republican President moves into the White House.
3 - A year later gas prices are still going up.
Any side bets that certain individuals in here will all of a sudden stop thinking that the President of the United States is responsible for the price of a gallon of gas and will go looking for someone else to blame?
Pud, I saw the original post, read the stupid note(and yes, it was stupidity at best) and really stayed out of it because it was
so truly lame. Nothing this President has done has done one thing to raise the price of gasoline whatsoever. Further, I came up with that 20 year figure, so you can see that price fluctuation and inflation have little correllation to Fed Policy, but far more to do with the speculative climate.
Now, Cuda makes a fair point that speculators can feed off of public remarks and policy blunders, but I have seen little out of the Obama admin(especially compared to the bombast out of the previous crew) which has done much to roil the markets. Sure, the Libyan involvement brought a spike, the Iranian mess, however is largely with the Israelis. What Obama has tried to do is keep hammering the point that we have to wean off of petroleum, and the sooner the better. Is anyone going to argue with that logic?
Seriously?
Pudfark wrote: Mon May 29, 2017 11:15 am
I live in Texas....you live in America.
1 - Obama loses.
2 - A Republican President moves into the White House.
3 - A year later gas prices are still going up.
Any side bets that certain individuals in here will all of a sudden stop thinking that the President of the United States is responsible for the price of a gallon of gas and will go looking for someone else to blame?
likely the same folks that thought Bush's public demeanor and the resulting wild speculative spkes were un-related.
Pudfark wrote: Mon May 29, 2017 11:15 am
I live in Texas....you live in America.
callmeslick wrote: Nothing this President has done has done one thing to raise the price of gasoline whatsoever. What Obama has tried to do is keep hammering the point that we have to wean off of petroleum, and the sooner the better. Is anyone going to argue with that logic?
Seriously?
"Nothing this President has done has done one thing to raise the price of gasoline whatsoever."
Your first word in the sentence above is exactly what Obama has done. On top of that,
figure in "Keystone" and "drilling permits" on Federal Land. Then factor this in the equation. How much taxes does the U.S. collect on $1 a gallon gas as opposed to $4 a gallon. Then get back to me, would ya?
Now...on your second sentence above.."What Obama has tried to do is keep hammering the point that we have to wean off of petroleum"? Just how do you think? That will help our economy and regaining world market share? We have plenty of oil here in the U.S. The oil reserves alone in North Dakota are said to be larger than all of Saudi Arabia.....plus, we could of had access to more of Canada's oil? However, with Obama's "Keystone" fiasco...we are now, "Canada Dry".
um, Pud.....gas is taxed by the gallon, so if prices go up, less will likely be purchased and revenues drop. Just sayin....well, I am just saying that you still don't seem to have a clue. As for the Keystone pipeline, that deal will get done as soon as they can re-route it away from an aquifer that supplies 20 million people with drinking water. The only thing that the Obama admin did was veto the original route, and Congress didn't provide time for the Canadian firm to come up with new plans. It will get done. Finally, I ask that you address my question: isn't it about time we put the nation into high gear towards vastly lower usage of oil and gasoline?
If you agree, then Obama should be supported for his outlook. Of course, you won't, or will likely find some weasel words to dance around reality, but it will be amusing to watch and likely a bitch to try and read.
Oh,and those massive 'reserves'? All well and good, but they will sit in the ground until the going rate for oil approaches $200 per bbl, at which time you will be reminiscing wistfully about when gas was ONLY $4.00 per gallon. Go ahead, ask anyone who really understands the petroleum business. There is a reason that stuff isn't getting extracted. Likewise, consider environmental impact, as the Canadians would be wise to do with that oil sand extraction that will feed the proposed pipeline. Lots of luck reclaiming the wasteland you create getting that shit out of the ground.
Pudfark wrote: Mon May 29, 2017 11:15 am
I live in Texas....you live in America.
In my state...total tax on gas per gallon is approximately 47 cents a gallon....so, less gas sold equal less taxes collected...Now on to the Canadian "gas"...Somehow? Duh? their "fracturing process" does not require $200 a gallon oil prices...seems, they have a new process ....Seems, it's usable to us as well....noticed, you dodged the drilling permit thingy....Obama ain't done shit for gasoline/oil...It's very arguable, he has done everything against it. My advice to you? Is for you to follow your own advice....Go all electric..you seem to be able to afford it...
Old Pudfark sez: "Before y'all install that new electric service and fan...in the "out house"? Be certain...
that the hole is plenty deep....cuz, if'n ya don't? Ya may have a nice breeze...butt, you may be in deep shit.."
