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Thread: Oil rises above $90 amid US crude supply drop

  1. #861
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac
    GAWD, you guy's just can't help but be dishonest can you? From your own link....

    The number of rigs currently drilling for gas is 61 less than last year's level of 941.
    Yes, there is dishonesty in this thread and I think it has been shown to all just where that dishonesty lies.

    The title of this thread:
    Oil rises above $90 amid US crude supply drop
    Oil, not natural gas. Oil is whats been primarily talked about this whole thread. Some (including you) have mentioned energy and natural gas as part of the flow of conversation, but the focus has been on oil.

    Although I didn't quote you, the following post prompted mine. As a matter of fact the lead on my post was this question - "Obama stopping drilling?. So unless you can show where Obama has denied natural gas drilling your comments were directed toward drilling for oil and Obama denying those permits. I showed you where the oil rig count is up.

    Quote Originally Posted by j-mac
    In Bakkan alone it is estimated that if we were allowed to explore, on land already owned by the oil companies, but not allowed to gain permits to drill by Obama, we would have centuries of oil from that formation alone.



    Quote Originally Posted by StillBallin75
    I wasn't disputing the fact that it's all energy, I was disputing your claim that BWG was being dishonest.
    Quote Originally Posted by j-mac
    He is in a manner of speaking. By trying to promote numbers that are questionable as to the overall outlook on energy exploration, and extraction in this country, he is being at the least disingenuous when he tries to say that drilling is up.
    Let's move those goalposts.

    Facts pain the extreme partisans.
    There are 362 more rigs targeting oil than last year.

    Rig Count: Rotary Rig Count and Workover Rig Count
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill
    The same way the Dems can't run roughshod over Republicans any more like they did last year. Takes a super majority to get anything done in the Senate.
    Scott Brown became the 41st Republican member of the Senate 2-4-10.

    As far as the 'Super Majority'. All four months of it. Franken's victory was held up by Coleman's lawsuit, Kennedy's illness preventing him from voting and then his death and his temporary replacement (Kirk) on 9-24-09. That left approx. four months of 'Super Majority' in which congress was mostly in recess due to the holidays.
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Gill View Post

    Yep, I was right and you weren't even a gleam in your old pop's eye then.

    Actually, you're wrong about that too.


    Quote Originally Posted by Gill View Post

    The Misery Index was over 20 in Carter's last year in office, the highest ever.
    Do I take this to mean you believe the misery index is a greater indicator of the economy than the GDP? Is that really what you're saying?

    Also, while the misery index did peak under Carter, it also began falling under Carter.


    Quote Originally Posted by Gill View Post

    It was just about impossible to buy a house back then because of the interest rates. It took Reagan a couple years to bring them down and I bought my first house in 1983.
    Perhaps you missed it when another poster rightfully pointed out that it's the federal reserve (and banks) and not the president which control interest rates. So why are you blaming Carter or crediting Reagan when that belongs to Paul Volker?

    Quote Originally Posted by Gill View Post

    But, I guess the people did really hate Reagan. After all he only won 49 out of 50 states in 1984. If they'd really liked him, maybe he would have won Mondale's Minnesota.
    Well at this same point in Reagan's first term, Gallup's JAR poll recorded Reagan at 41% approval; compared with Obama where Gallup currently records him at 48% approval. Seems that more people approve of the job Obama is doing now than Reagan was doing during his 27th month in office.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by The Prof View Post

    from pbs' suggested lesson plans for slow learners:



    WGBH American Experience . Jimmy Carter . Teacher's Guide | PBS
    The high misery index certaintly hurt, but even that was primarily due to interest rates (which are out of the president's control) as the unemployment rate was the same during the election as it was when Carter became president. Carter's biggest hurdle was the Iranian hostage crisis, in which he was weak and ineffective.

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Sheik Yerbuti View Post
    [COLOR="blue"]The high misery index certaintly hurt
    you can say that again

    LOL!

    in fact, the index was so inimical it was practically INVENTED during the carter years

    any disputation of jimmy carter's economic legacy is preposterous

    ie, a joke

    party on, pupil of pbs

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by The Prof View Post

    you can say that again

    LOL!
    Your own link states that it was the Iranian hostage crisis that was Carter's "most damaging problem" in terms of the 1980 election.

    Quote Originally Posted by The Prof View Post

    in fact, the index was so inimical it was practically INVENTED during the carter years
    By Conservatives and Republicans, no doubt, but in reality, it was almost as high under Ford.

    The peak under Carter was: 21.98; the peak under Ford was 19.9

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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by Sheik Yerbuti View Post
    By what measures?
    All applicable.

    j-mac
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    Re: Oil rises above $90 amid US crude supply drop

    The poor economic record of the Carter years -- and in particular, the unusual combination of high inflation and high unemployment -- was an important reason for Carter's loss of popularity and his 1980 defeat.
    WGBH American Experience . Jimmy Carter . Teacher's Guide | PBS

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    Re: Oil rises above $90 amid US crude supply drop

    "The report, Strategic Energy Policy Challenges For The 21st Century, concludes: "The United States remains a prisoner of its energy dilemma. Iraq remains a de-stabilising influence to the flow of oil to international markets from the Middle East. Saddam Hussein has also demonstrated a willingness to threaten to use the oil weapon and to use his own export programme to manipulate oil markets. Therefore the US should conduct an immediate policy review toward Iraq including military, energy, economic and political/ diplomatic assessments.
    "The United States should then develop an integrated strategy with key allies in Europe and Asia, and with key countries in the Middle East, to restate goals with respect to Iraqi policy and to restore a cohesive coalition of key allies."

    Baker who delivered the recommendations to Cheney, the former chief executive of Texas oil firm Halliburton, was advised by Kenneth Lay, the disgraced former chief executive of Enron, the US energy giant which went bankrupt after carrying out massive accountancy fraud.
    The other advisers to Baker were: Luis Giusti, a Shell non- executive director; John Manzoni, regional president of BP and David O'Reilly, chief executive of ChevronTexaco. Another name linked to the document is Sheikh Saud Al Nasser Al Sabah, the former Kuwaiti oil minister and a fellow of the Baker Institute.


    Official: US oil at the heart of Iraq crisis | Sunday Herald, The Newspaper | Find Articles at BNET
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    Re: Oil rises above $90 amid US crude supply drop

    Quote Originally Posted by j-mac View Post

    Bush was a hell of a lot better than this cream puff.

    Quote Originally Posted by Sheik Yerbuti View Post

    By what measures?

    Quote Originally Posted by j-mac View Post

    All applicable.

    j-mac
    Ok, let's go with unemployment then.

    The U3 unemployment rate under Bush for his first 26 months increased by a whopping 41%, under Obama, the U3 unemployment rate has increased only 14%.

    So by that measure, Obama is doing better than Bush.

    Damn, proving you wrong couldn't have been easier.

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