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Thread: Gasoline prices zip toward $3 mark

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by American View Post
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    Okay Obama, get busy fixing this.

    What do you expect him to do? Price controls? Jimmy Carter already tried that; the results were not impressive.
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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by American View Post
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    Okay Obama, get busy fixing this.
    WTF do you expect him to do?

    "Drill, baby, drill" is a long-term solution at best. Obama could open up the entire country to drilling tomorrow and it would be years before the first drop turned into gasoline.

    Gas prices are not related to nor are they the responsibility of the president.
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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Dirty Harry View Post
    Drill it and they will come.

    Refineries are only at 85%(or less) capacity right now.

    U.S. Refinery Utilization and Capacity
    You have proof or is it because they are doing maintenance?

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Kandahar View Post

    What do you expect him to do? Price controls? Jimmy Carter already tried that; the results were not impressive.
    What did the liberals expect Bush to do when it happened to him? The liberals were screaming then, now the silence is deafening.

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by ptif219 View Post
    What did the liberals expect Bush to do when it happened to him? The liberals were screaming then, now the silence is deafening.


    No, we weren't! I don't blame the presidents, because of the rise in oil prices. I'd put the blame were it lays with.
    Last edited by RyrineaHaruno; 01-13-10 at 01:59 AM.

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by American View Post
    Aren't you liberal not? But I say drill baby drill.
    Drill away baby. But you better start using solar and wind power as well, because we haven't produced enough oil to meet our needs for decades.
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    Re: Gasoline prices zip toward $3 mark

    Yea drill all you want.. it wont impact prices for years if at all.
    PeteEU

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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by ptif219 View Post
    What did the liberals expect Bush to do when it happened to him? The liberals were screaming then, now the silence is deafening.
    Regardless of what you think "the liberals" (whoever that is) expected Bush to do, the fact is that presidents can't control the price of gasoline...and any attempt to do so will create shortages and end in disaster, as it did when Carter was president.
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    Re: Gasoline prices zip toward $3 mark

    Quote Originally Posted by Kandahar View Post
    Regardless of what you think "the liberals" (whoever that is) expected Bush to do, the fact is that presidents can't control the price of gasoline...and any attempt to do so will create shortages and end in disaster, as it did when Carter was president.
    While it's true they can't control the price, they can nonetheless create enough uncertainty in the market to worry investors, who inevitably pull their money out of the stocks and sink it into stable commodities like gold, silver, platinum, yes--oil. The recent demand for these commodities has been driving the price up and I would expect this to continue.

    If inflation kicks in hard in the next couple of years, I wouldn't be surprised to see the current administration implementing price controls on necessities.
    Last edited by pendulum_jaw; 01-13-10 at 07:28 AM.
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