View Poll Results: The price of gas under President McCain would have been

Voters
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  • $1.86

    2 3.92%
  • $2.00

    0 0%
  • $2.50

    0 0%
  • $3.00

    2 3.92%
  • About the same

    47 92.16%
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Thread: If McCain had won in '08, gas would cost...?

  1. #51
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    Re: If McCain had won in '08, gas would cost...?

    Quote Originally Posted by Tucker Case View Post
    But it's that interplay which is driving up the prices. It's basically the same **** we saw with mortgage bundles but with oil. The oil bubble burst the last time, too, but it went unnoticed because it coincided with teh general market downturn. It'll happen again.
    Speculators IMO just don't effect the price that much, unless of course they do something illegal like try to influence the market in a predatory way. Things like insider trading, creating false shortages, things like that. Mainly they react to data which is why I still say they are an index more than an actual cause.
    Neither side in an argument can find the truth when both make an absolute claim on it.

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  2. #52
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    Re: If McCain had won in '08, gas would cost...?

    Reading these threads, one gets the impression the President controls a lot.
    Michael J Petrilli-"Is School Choice Enough?"-A response to the recent timidity of American conservatives toward education reform. https://nationalaffairs.com/publicat...-choice-enough

  3. #53
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    Re: If McCain had won in '08, gas would cost...?

    Quote Originally Posted by Fiddytree View Post
    Reading these threads, one gets the impression the President controls a lot.
    Eh, they can. In this particular case some agenda items probably added a few cents to the cost, but overall a regulatory overhaul is needed in general to free up more resources to the market both raw and refined.
    Neither side in an argument can find the truth when both make an absolute claim on it.

    LMR

  4. #54
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    Re: If McCain had won in '08, gas would cost...?

    Quote Originally Posted by Fiddytree View Post
    Reading these threads, one gets the impression the President controls a lot.
    Sorry for that. Didn't happen because of me and several others. So how much has your view changed say for example on the Canadian oil sands pipeline to Gulf Coast refineries?

  5. #55
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    Re: If McCain had won in '08, gas would cost...?

    Quote Originally Posted by lizzie View Post
    Now, substitute Reagan for McCain, and gas would probably be about a dollar per gallon.
    In that case, credit would go to the Democrats, because Reagan couldn't pass the current GOP 'purity' test and would have had to run as a Dem

  6. #56
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    Re: If McCain had won in '08, gas would cost...?

    A few points...

    1. Congratulations to our right-wing hacks for following RNC marching orders. When the talking points say jump, they ask how high. So way to go guys, you know who you are.

    2. We import the majority (~60%) of our consumed oil. How will regressive regulatory actions in the US lower international oil prices? We can expect a few hundred thousand barrels of oil a day if we open domestic reserves. We consume 20.7 million barrels a day. Let's say if we gain a generous 750,000 barrels/day in supply from opening reserves. That's a 3% increase in supply in domestic production, which has to be sold on the international market. Considering there's about 72 million barrels of crude produced a day worldwide, at best that's hardly a drop in the global supply. Not enough to even start to affect the prices.

    3. Does everybody think that opening oil reserves today will result in lower prices next week? It's takes years of planning to even start building new oil wells. Any very minor impact that increasing domestic oil production might have would be several years away yet.

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    Re: If McCain had won in '08, gas would cost...?

    Quote Originally Posted by RadicalModerate View Post
    A few points...

    3. Does everybody think that opening oil reserves today will result in lower prices next week? It's takes years of planning to even start building new oil wells. Any very minor impact that increasing domestic oil production might have would be several years away yet.
    You are correct but let me add that there are huge leased oil reserves by US oil companies and other oil companies that they are not drilling. Leasing them more will not increase the drilling they are doing.

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    Re: If McCain had won in '08, gas would cost...?

    Quote Originally Posted by LaMidRighter View Post
    Speculators IMO just don't effect the price that much, unless of course they do something illegal like try to influence the market in a predatory way. Things like insider trading, creating false shortages, things like that. Mainly they react to data which is why I still say they are an index more than an actual cause.
    It's not illegal to do what they do, but it is predatory.
    Tucker Case - Tard magnet.

  9. #59
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    Re: If McCain had won in '08, gas would cost...?


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    Re: If McCain had won in '08, gas would cost...?

    Did someone really take time out of their day to make this poll? The president has NOTHING to do with gas prices, will people please grow a brain? The world economy sets gas prices, not Obama. Obama does not wake up in the morning and press a button at the breakfast table....as much as the GOP wishes this were true. Everyone knows the president has little to do with oil prices, this is nothing more then desperation by the GOP to create a distraction from the current recovering economy and job market. good luck with that.

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