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Thread: Obama doesn't accept responsibility for gas prices

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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by Mycroft View Post
    It's also a major drag on the economy. Nobody is going to go back to normal until things become stable.

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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by kenvin View Post
    Inconsistency in politics is nothing new and does not affect the fluctuations of oil. Well wars and embargos affect it, but that isn't what we are talking about. Oil is a world wide commodity. Off shore drilling was going to be allowed then a huge oil spill happened in deep water and they thought it was a good idea to reassess the idea of wanton deep water drilling off the coast. Now he reverses in an election year. Obama is running for re election.
    Of course it does and to show how things have far more effect than one would think in a "world wide commodity". Back in oil's first run up to $145, oil would spike everytime a storm was predicted in the gulf. The likelyhood of anything actually effecting fuel was small but the "world wide" markets would still spike.

    When the markets get on a run any old thing will prime the markets.

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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by sawyerloggingon View Post
    As much as it would hurt I am actually hoping for $5.00 gas because that will guarantee obama's defeat. Better now when we can do something about it that after he's reelected when we are at his mercy another four years. God only knows what gas prices would be after four years of obama with no fear of reelection looming on the horizon.
    I can't cheer the struggles working folk and those just trying to start out are going to have just to see Obama defeated. No, defeat him with a good candidate and good arguements, not on the back of the lower and middle classes.

    I also do not understand those who argue the struggles of the middle and lower classes not getting more upset at what this run up in oil is going to do to them.

    Peoples beliefs by and large seem to be no more fundemental than the things driving the markets.

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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by 1Perry View Post
    Of course it does and to show how things have far more effect than one would think in a "world wide commodity". Back in oil's first run up to $145, oil would spike everytime a storm was predicted in the gulf. The likelyhood of anything actually effecting fuel was small but the "world wide" markets would still spike.

    When the markets get on a run any old thing will prime the markets.

    The only way Obama can DIRECTLY affect world spot prices is to manipulate US Government commodities Stock pile along with colluding with other world leaders...and a few billionaires willing to risk significant sums to drive up spot prices.

    Spot prices are driven by a lot of reasons...and a lot of people on a global scale. While it may be ...and I say may be possible to manipulate world spot prices for oil...it would have to be done so with brain surgeon precision.

    JMO....

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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by 1Perry View Post
    I can't cheer the struggles working folk and those just trying to start out are going to have just to see Obama defeated. No, defeat him with a good candidate and good arguements, not on the back of the lower and middle classes.

    I also do not understand those who argue the struggles of the middle and lower classes not getting more upset at what this run up in oil is going to do to them.

    Peoples beliefs by and large seem to be no more fundemental than the things driving the markets.
    Better a little pain now than alot of pain later.

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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by Removable Mind View Post
    The only way Obama can DIRECTLY affect world spot prices is to manipulate US Government commodities Stock pile along with colluding with other world leaders...and a few billionaires willing to risk significant sums to drive up spot prices.
    If we took off the table any idea of attacking Iran, oil would fall.

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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by sawyerloggingon View Post
    Better a little pain now than alot of pain later.
    We had a lot of pain under Bush also.

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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by 1Perry View Post
    If we took off the table any idea of attacking Iran, oil would fall.
    I don't think so. Iran is shifting it's supplies away from Western Nations as we speak, and China, Russia, and other adversaries to te West. That alone is pushing prices up.

    If we bomb Iran say a year from now...Western Nations will already be dealing with the shortage of Iranian oil. Soooooo?

    Dunno, 1Perry...???

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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by sawyerloggingon View Post
    As much as it would hurt I am actually hoping for $5.00 gas because that will guarantee obama's defeat. Better now when we can do something about it that after he's reelected when we are at his mercy another four years. God only knows what gas prices would be after four years of obama with no fear of reelection looming on the horizon.
    This seems to be the latest life preserver that the right wing is grasping onto. Two weeks ago it was the war on the Catholic religion. Then polls of actual Catholic voters told them there was nothing there. So now its going to be that Obama rose your gas prices.

    I would ask just how stupid do you think voters are but based on past GOP campaigns we already know the answer.
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    Re: Obama doesn't accept responsibility for gas prices

    Quote Originally Posted by Removable Mind View Post
    I don't think so. Iran is shifting it's supplies away from Western Nations as we speak, and China, Russia, and other adversaries to te West. That alone is pushing prices up.

    If we bomb Iran say a year from now...Western Nations will already be dealing with the shortage of Iranian oil. Soooooo?

    Dunno, 1Perry...???

    The price would fall. The more Iranian oil that goes to China, the less China buys up oil from everywhere else. If that supply is cut off, China buys more on the world market driving the price of oil from other countries.


    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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