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Thread: Gas prices are highest ever for this time of year

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by rocket88 View Post
    Obama's not blameless in a number of areas. The price of gas would have gone up anyway, maybe not as high, but it sure as hell would be higher than $1.86.
    I would never argue otherwise. $1.86 was an over reaction but unfortunately that's what markets do now.

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by j-mac View Post
    when in reality if this were a Republican president we were discussing in office now, many would be attacking him the very same way as Obama is being held accountable.
    I said precisely this. I guess reading isn't your strong suit.

    Quote Originally Posted by rocket88 View Post

    If McCain had won the election, gas would still be high, and we'd be hearing this number from liberals. It's really bad hackery.


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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by rocket88 View Post
    I said precisely this. I guess reading isn't your strong suit.
    Ha, ha...very funny...I brushed over it, and it didn't register.

    I guess the larger point I am making is that why is it that such deference is given to Obama when it is demonstrable that his policies are directly contributing to the current rise in pricing at the pump.

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by j-mac View Post
    Ha, ha...very funny...I brushed over it, and it didn't register.

    I guess the larger point I am making is that why is it that such deference is given to Obama when it is demonstrable that his policies are directly contributing to the current rise in pricing at the pump.

    j-mac
    Right, you got to where I was disagreeing with you and brushed the rest of it off as the typical liberal crap without reading it.

    My larger point is that the circumstances at work are larger than "Obama's not letting us drill." For one thing, there are permits for drilling being issued. For another, it has to be refined first. As it is, gasoline being refined in the United States is already being exported to other countries. Which means that someone in "Big Oil" has figured out that they make more money by putting it on a tanker to China than they do selling it here. If that wasn't the case, it would stay here and gas would be cheaper for us.


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    Too bad we have to observe human rights.

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by rocket88 View Post
    Right, you got to where I was disagreeing with you and brushed the rest of it off as the typical liberal crap without reading it.
    You're right, I should have read it...Sorry.

    My larger point is that the circumstances at work are larger than "Obama's not letting us drill."
    Then what would be the harm in allowing them to explore? And if significant production can be introduced then the price would fall.

    For one thing, there are permits for drilling being issued.
    Not nearly enough, nor fast enough. This is by design, and a liberal talking point, when in truth Obama administration had to be held in contempt of a Federal court order for them to even pretend to entertain the idea of reissuing permits in the Gulf.

    For another, it has to be refined first.
    What is this, a shift on the old 'it'll take ten years' argument? So refine it.

    As it is, gasoline being refined in the United States is already being exported to other countries.
    Is the export of refined product a new phenomena? No, it isn't.

    Which means that someone in "Big Oil" has figured out that they make more money by putting it on a tanker to China than they do selling it here.
    This is yet another liberal talking point. I hear it ten times a day on XM Left. It is a lie ofcourse. There are other factors that make it necessary to export this product.

    If that wasn't the case, it would stay here and gas would be cheaper for us.
    Bottom line is that the high cost of gas is a straight line to the destruction that this administration has wrought on the value of the dollar. Since oil is traded in dollars, then as they are worth less, oil price rises. This ain't rocket science.

    j-mac
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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by j-mac View Post
    Bottom line is that the high cost of gas is a straight line to the destruction that this administration has wrought on the value of the dollar. Since oil is traded in dollars, then as they are worth less, oil price rises. This ain't rocket science.

    j-mac
    You realize that the dollar is higher now than it was when Obama took over, right?

    Got any more partisan hackery you'd like to share with us?

    DXY Index Charts - (NYE) U.S. Dollar Index (DXY) Index Charts

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by rocket88 View Post
    Right, you got to where I was disagreeing with you and brushed the rest of it off as the typical liberal crap without reading it.

    My larger point is that the circumstances at work are larger than "Obama's not letting us drill." For one thing, there are permits for drilling being issued. For another, it has to be refined first. As it is, gasoline being refined in the United States is already being exported to other countries. Which means that someone in "Big Oil" has figured out that they make more money by putting it on a tanker to China than they do selling it here. If that wasn't the case, it would stay here and gas would be cheaper for us.
    We would have to Nationalize our oil to keep it here. The reason we don't do that is because we haven't produced as much oil as we consume since 1971. Until we develop alternative sources of energy and use energy more efficiently, our economy couldn't prosper without oil from the world oil market.
    Last edited by Catawba; 02-27-12 at 01:07 AM.
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    Re: Gas prices are highest ever for this time of year

    Nother day, same **** huh? Doesn't really seem to matter who we put into office, same god damned result every time. Well I'm sure the oil refineries are happy about this excuse to continue pilfering the People. Gotta love corporate capitalism.

    Mass graves for the pump and the price is set.
    You know the time is right to take control, we gotta take offense against the status quo

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by j-mac View Post
    This is yet another liberal talking point. I hear it ten times a day on XM Left. It is a lie ofcourse. There are other factors that make it necessary to export this product.
    My use of the term "Big Oil" was just as shorthand. I thought about explaining that at the time, but figured a long winded explanation defeated the purpose of doing that.

    It's not a lie that they've figured out they make more money doing it. If they made more money keeping it here, they would do that. It's not a condemnation of them, doing what's profitable is the function of a business. My main point in this is that we could drill more and build pipelines, but crude is only part of the equation. If we supply this crude to the refineries who turn around and export it, it doesn't help our gas prices much at all. You can't drill gasoline.

    There's higher demand worldwide. Notably in China, but not exclusively there. Higher demand equals higher prices. It's market economics 101.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: Gas prices are highest ever for this time of year

    Quote Originally Posted by Catawba View Post
    We would have to Nationalize our oil to keep it here.
    Right, and that's not something anyone to the right of Trotsky wants to see.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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