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Thread: Dems change tune after mocking GOP for ‘drill, baby, drill’

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Looks like drill baby drill are back in the passenger seat, well, back seat.

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by AJiveMan View Post
    It is what it is, which is probably more reliable than any other media outlet.

    I already knew more than eyebrows would be raised when a link posted to Al Jazeera on DP. Now the cons can go to the drug store and purchase their Maalox or Excedrin and use as directed.

    Mainly because the following view them as a competitor, and is largely dismissed by cons and right wind media and their followers who slurp up lies like it was pablum.


    Al Jazeera America - Wikipedia, the free encyclopedia

    Fact-Based, In-Depth News | Al Jazeera America

    note: if you do not like the source, look up Obamanomics for yourself, Google can be your friend.
    An actual economic site would make your case far better than that joke network. I'm not going to get in the weeds on this here though because this thread is about dems being wrong about drill baby drill. If you really want to discuss Obamanomics start a thread on it don't attempt to derail this one. Thank you

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by Kobie View Post
    To a degree, sure. OPEC was artificially keeping prices up, and increased production in the U.S., Canada and elsewhere has increased supply. However, global demand is also dropping precipitously, which is affecting other commodities markets.
    Before "drill baby drill", OPEC lowered production to match lower demand and kept prices up. They can no longer do that because there are otheir spigots that would stay on as they turned theirs down. We now have a true supply and demand factor at work that can no longer be artificially altered like that guy in the movie Mad Max that could turn the power off or on at a whim. We now have much more control over oil supply.

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by ironhorse View Post
    An actual economic site would make your case far better than that joke network. I'm not going to get in the weeds on this here though because this thread is about dems being wrong about drill baby drill. If you really want to discuss Obamanomics start a thread on it don't attempt to derail this one. Thank you
    You denigrated the thread yourself by calling out a link posted.

    You do realize our economy is tied to oil and gas exploration, don't you?

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    [QUOTE=AJiveMan;1064206290]You denigrated the thread yourself by calling out a link posted.

    You do realize our economy is tied to oil and gas exploration, don't you?[/QUOTE]

    If you can link lower oil prices to Obamanomics feel free to make your case. That would be relevant to this discussion. Show me how Obamanomics led to 2 buck gas and "drill baby drill" was not a factor. If you just want to talk Obamanomics in general though start a thread on it. As for oil and gas exploration, that has been done on state and private land because Obama has virtually closed all new well drilling on fed lands. Obama mocked "drill baby drill" so Obamanomics was against new wells. In that regard it was a factor, a negative one.
    Last edited by ironhorse; 01-17-15 at 10:57 AM.

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    [QUOTE=ironhorse;1064206300]
    Quote Originally Posted by AJiveMan View Post
    You denigrated the thread yourself by calling out a link posted.

    You do realize our economy is tied to oil and gas exploration, don't you?[/QUOTE]

    If you can link lower oil prices to Obamanomics feel free to make your case. That would be relevant to this discussion. Show me how Obamanomics led to 2 buck gas and "drill baby drill" was not a factor. If you just want to talk Obamanomics in general though start a thread on it. As for oil and gas exploration, that has been done on state and private land because Obama has virtually closed all new well drilling on fed lands. Obama mocked "drill baby drill" so Obamanomics was against new wells. In that regard it was a factor, a negative one.
    Drilling in the USA would not benefit the USA, OPEC sets the price for oil, when they drop it below $50 a barrel, the bottom falls out of drill baby drill. Of course, oil exploiters in the USA are hurting now because they cannot produce as much oil at that low of a price to be competitive. In a way, OPEC is helping the USA conserve what oil and natural resources we have remaining.

    Our economy depends heavily on cheaper oil, people tend to have more discretionary spend money in their pockets for other things.

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by AJiveMan View Post

    Drilling in the USA would not benefit the USA, OPEC sets the price for oil, when they drop it below $50 a barrel, the bottom falls out of drill baby drill. Of course, oil exploiters in the USA are hurting now because they cannot produce as much oil at that low of a price to be competitive. In a way, OPEC is helping the USA conserve what oil and natural resources we have remaining.

    Our economy depends heavily on cheaper oil, people tend to have more discretionary spend money in their pockets for other things.
    drilling in the US absolutely effects the US prices.... as it places additional supply on the market.

    and no, OPEC does NOT set the prices... OPEC tries to get their little group to agree on production levels (and it generally fails)

    we don't know where the "bottom" is really( it's different for each oil firm)... and even if we reach it, that doesn't mean production stops or even slows, it does mean we'll be seeing mergers and acquisitions, but as far as production is concerned, it depends on the firm and their forecasts

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    Re: Dems change tune after mocking GOP for ‘drill, baby, drill’

    Quote Originally Posted by bg85 View Post
    if you're honestly interested in learning about why oil prices have dropped so much, start here: The Economist explains: Why the oil price is falling | The Economist

    reading about the complexities of the oil market isn't as fun as repeating everything fox news says, but at least you might learn something.

    Thirdly, America has become the world’s largest oil producer. [/I]"
    Apparently you didn't learn anything from your own post. I guess ideology got in your way.

    Frack baby, frack.
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    Generalizations are stupid.
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