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Thread: Bachmann: I'll get gas under $2

  1. #111
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    Re: Bachmann: I'll get gas under $2

    As I recall gas was around $2.80 a gallon when Bush left office so gas below $2.00 isn’t a huge stretch. I think people have been so brainwashed to accept high gas prices that anyone who says different is labeled a kook; lib media has done its job well. With new technology more oil is being found and being made accessible all the time, not to mention oil shale which rivals Saudi oil fields in potential. USA also has abundant natural gas which could be brought on line to power fleet vehicles immediately because fleets don’t need new infrastructure of gas stations which would take time. If Bachmans idea is open all this stuff up to drilling I don’t find her number at all unreasonable.

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    Re: Bachmann: I'll get gas under $2

    if Bachmann is suggesting that the POTUS can significantly influence the prices OPEC sets, and the world-wide demand for oil, then she is a bigger fool than most of us realized.

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    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by Thunder View Post
    if Bachmann is suggesting that the POTUS can significantly influence the prices OPEC sets, and the world-wide demand for oil, then she is a bigger fool than most of us realized.
    OPEC doesn't set the prices. They can somewhat influence them but they do not set them. Their influence is generally short term at that. This seems to be a common misperception though.

  4. #114
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    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by sawyerloggingon View Post
    With new technology more oil is being found and being made accessible all the time, not to mention oil shale which rivals Saudi oil fields in potential.
    In potential, sure. Right now, not so much. Extracting the oil out of oil shale is not as easy or as cheap. Until it is, there's basically two things that could be true: prices will go up (because of the increased cost of extraction), or oil companies won't want to touch it because they won't get the profit margin on it.

    USA also has abundant natural gas which could be brought on line to power fleet vehicles immediately because fleets donít need new infrastructure of gas stations which would take time. If Bachmans idea is open all this stuff up to drilling I donít find her number at all unreasonable.
    Fleets that run on CNG have no effect on the price of gasoline, because they don't use it.


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    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by rocket88 View Post
    What are her economic policies to begin with?

    From her website:

    Michele Bachmann for President | MicheleBachmann.com

    Blah Blah, same old empty rhetoric.



    Michele Bachmann for President | MicheleBachmann.com


    I guess we'll just say that the things that lead me to believe that would be the same things that lead her to believe she can bring gas down to $2 with big economic growth.
    Kinda my point. Beat on her over her actual policies and agenda...fine. Beat on her cuz ya dont like her. Thats kinda foolish.

    I dont particularly agree with anything about her other than the position on smaller and more efficient government. I certainly wouldnt vote for her. Still...should she be elected I wonder if her supporters will give her the same kind of pass on failing to live up to campaign rhetoric that the Obama supporters do. Can she use the "gosh...it was worse than I ever dreamed it would be. It was pandelirium. I thought we would be killed or even worse" type excuses too? Or will there be a double standard? Nah....

  6. #116
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    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by rocket88 View Post
    Yep, here we go:

    GDP growth:

    Attachment 67115021

    Compare with the gas prices. When GDP went in the toilet, gas prices sank. As GDP growth started going up, so did gas prices. It's not an exact correlation, but it's not hard to see that as a general rule, gas prices go up with economic growth. There was also a little something called the "Arab Spring." Think political instability in an oil rich area might have something do with it?

    I guess she must be promising negative economic growth and a return to the dictatorships in the ME. No thanks.
    That GDP chart in no way correlates to the gas prices shown on the website.

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    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by 1Perry View Post
    OPEC doesn't set the prices. They can somewhat influence them but they do not set them. Their influence is generally short term at that. This seems to be a common misperception though.
    Controlling supply certainly can and does impact pricing.

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    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by apdst View Post
    Stop putting all the expensive, government mandated additives into it and stop making unleaded gasoline.
    We put those additives in it to reduce smog, and the unleaded gasoline is needed because leaded gas fowls catalytic converters. Thus if that's her plan, and it may well be seeing that she wants to lock the doors to the EPA, then we would be doing away with the Clean Air Act, and every single vehicular pollution control of the last 40 years.

    Vote Republican - We will bring back the jobs and give you cheap gas by turning your cities from this:


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    Re: Bachmann: I'll get gas under $2

    What she really meant...

    Corn Dog $1.99

    michele-bachmann-corndog.jpg

    Don't stand behind her.

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    Re: Bachmann: I'll get gas under $2

    Quote Originally Posted by Top Cat View Post
    What she really meant...

    Corn Dog $1.99

    michele-bachmann-corndog.jpg

    Don't stand behind her.
    That just looks WRONG

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