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Thread: Gas prices climb to four-month high

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    Re: Gas prices climb to four-month high

    You all know the president has little to no control over gas prices right? They fluctuate on the global market and many factors go into it.

    You know what is leading to higher gas prices? The devaluation of our currency. The dollar isn't worth much more than the paper it is printed on. You guys are pointing the finger at Obama when it should be at Bernanke on this one.
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    Re: Gas prices climb to four-month high

    Quote Originally Posted by AreteCourage View Post
    You all know the president has little to no control over gas prices right? They fluctuate on the global market and many factors go into it.

    You know what is leading to higher gas prices? The devaluation of our currency. The dollar isn't worth much more than the paper it is printed on. You guys are pointing the finger at Obama when it should be at Bernanke on this one.
    Or it could be a rise in global demand, being a global product and all. You know, that free market thing?
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    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  3. #33
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    Re: Gas prices climb to four-month high

    Quote Originally Posted by Deuce View Post
    Or it could be a rise in global demand, being a global product and all. You know, that free market thing?
    That is one reason sure...but you cannot deny the value loss of our currency playing a factor in this.
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    Re: Gas prices climb to four-month high

    Quote Originally Posted by AreteCourage View Post
    That is one reason sure...but you cannot deny the value loss of our currency playing a factor in this.
    And what policies could be being furthered by the Obama administration, including the Treasury, and Fed, to cause a loss in value to our currency at the moment.....?.....Hmmmm....I wonder....

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    Re: Gas prices climb to four-month high

    Quote Originally Posted by j-mac View Post
    And what policies could be being furthered by the Obama administration, including the Treasury, and Fed, to cause a loss in value to our currency at the moment.....?.....Hmmmm....I wonder....

    The same policies that have been followed since well before Obama was a sperm in his father's testicles
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    Re: Gas prices climb to four-month high

    Quote Originally Posted by AreteCourage View Post
    The same policies that have been followed since well before Obama was a sperm in his father's testicles
    That's not entirely true now is it.....Look AC, tell the truth, Obama put the digital printing press on steroids, which has undercut the confidence in the dollar.
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    Re: Gas prices climb to four-month high

    Quote Originally Posted by j-mac View Post
    That's not entirely true now is it.....Look AC, tell the truth, Obama put the digital printing press on steroids, which has undercut the confidence in the dollar.
    I look at this:

    CPI Inflation Calculator

    That is a calculator of inflation.

    Our currency has been devaluing at relatively steady rate. It tells me that no one administration has been completely at fault, but the policies of The Fed have been. Not one administration has tried to audit or stop the printing which puts blame on a lot of other administrations including the current one.
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    Re: Gas prices climb to four-month high

    Quote Originally Posted by AreteCourage View Post
    You all know the president has little to no control over gas prices right? They fluctuate on the global market and many factors go into it.

    You know what is leading to higher gas prices? The devaluation of our currency. The dollar isn't worth much more than the paper it is printed on. You guys are pointing the finger at Obama when it should be at Bernanke on this one.

    Half truth. Although the "value" of the dollar is probably a greater contributor, tell me global oil prices wouldn't decrease rapidly if the current occupier of the White House announced we were opening up all federal lands including ANWR to oil recovery and encouraging building new refineries. Oh and add approval of Keystone. One last addition, pronounce America would be energy independent in four years.

  9. #39
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    Re: Gas prices climb to four-month high

    Quote Originally Posted by Oceandan View Post
    Half truth. Although the "value" of the dollar is probably a greater contributor, tell me global oil prices wouldn't decrease rapidly if the current occupier of the White House announced we were opening up all federal lands including ANWR to oil recovery and encouraging building new refineries. Oh and add approval of Keystone. One last addition, pronounce America would be energy independent in four years.
    And how long would that last? We could go all in on everything drilling and pipelines....the continued devaluation of the currency will impact prices. You won't see long lasting reduction in prices for the extended future...could you for a few years? Possibly, but it wouldn't last very long at the current rate of inflation. Also, when other countries start to trade in something other than the dollar...well that inflation is going to ensure that nothing is cheap.
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    Re: Gas prices climb to four-month high

    Quote Originally Posted by Oceandan View Post
    Half truth. Although the "value" of the dollar is probably a greater contributor, tell me global oil prices wouldn't decrease rapidly if the current occupier of the White House announced we were opening up all federal lands including ANWR to oil recovery and encouraging building new refineries. Oh and add approval of Keystone. One last addition, pronounce America would be energy independent in four years.
    Global oil prices wouldn't decrease rapidly if the current occupier of the White House announced we were opening up all federal lands including ANWR to oil recovery and encouraging building new refineries. Oh and add approval of Keystone. And "pronouncing" (with a magic wand, I suppose) that America would be energy independent in four years.

    The math doesn't work out, dude. Remember oil is a global commodity. You have to compare our theoretical increase in output with global supply and demand. Drop in the bucket.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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