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Oil price keeps going down, great for Obama

So if gas prices are controlled solely by unemployment, you would have to concede that -- considering the much higher gas prices now versus Jan. 2009 -- Obama has done an amazing job lowering unemployment! :lol:

those higher gas prices were driven by speculation from Pelosi and Reid on Cap and Trade and the war on drilling..along with attacking coal..
 
those higher gas prices were driven by speculation from Pelosi and Reid on Cap and Trade and the war on drilling..along with attacking coal..

Oh, I get it. So you're saying that prices are falling now because Obama has effectively eliminated speculation and done away with any war on drilling and cap and trade talk.
 
I see, so now you change your story and admit he didn't nothing to affect gas prices.

You mean you don't believe he really has a gas prices app on his smartphone?

Of course he didn't do anything to affect gas prices. Yet, of course, lower prices give him a better chance of winning. Ironic, isn't it?
 
those higher gas prices were driven by speculation from Pelosi and Reid on Cap and Trade and the war on drilling..along with attacking coal..

Wow, every time I think you can't saying anything more ignorant, you top yourself.

The Fox is strong in this one.
 
I'll still have to disagree. If gas prices are rising it's probably because the economy is heating up. If they're falling it's probably because the economy is cooling down. In either case the status of the broader economy outweighs the effect of gas prices.
While I do not agree fully about the economy wagging the tale, If what you say is true, then the minute that the the economy begins even a mild growth spurt, speculation will drive the price of oil to record highs and then within just a few months, the ripple effect of record high or near high fuel prices and subsequent prices of so many other things, especially food also go up. That hits the consumer multiple times. Then, as small businesses stop hiring, and people stop spending, down goes the economy, down goes the economy, down goes the economy! (Howard cosell)

Does the POTUS directly effect the price of oil? no, but, how entire system has become based on speculation rather than actual supply and demand. That is something the POTUS could have an impact on, and the POTUS could also have a large impact on our energy policies.

What Obama has done, is show a continued lack of leadership. Sitting back and allowing rampant speculation which he could show leadership on. Effective and efficient energy policies. He has done basically nothing in regards to this. As a result, as soon as the economy shows even a murmur, energy prices skyrocket and the economy goes back to flat line or decline. Day to day, the POTUS does not control energy prices, but long term he can very much effect prices with solid leadership and efficient and effective energy policy.
 
I really don't think that the oil prices are going to have an effect if the economy continues not to create jobs. Last month was revised down 77k jobs created and this month is being reported at 69k. Bad news. Unemployment maintained 8.2% though.
 
Funny, I would bet Romney has been driven around in a limo much more than the President has. I think this idea that Obama comes form a higher economic strata than Romney is very funny.

Haha, no one said he did. But you could be right about Romney.
 
While I do not agree fully about the economy wagging the tale, If what you say is true, then the minute that the the economy begins even a mild growth spurt, speculation will drive the price of oil to record highs

No, the bolded text does not follow from the premise. If there's an indication of a mild growth spurt then you would expect a mild increase in oil prices.
 
Wow, every time I think you can't saying anything more ignorant, you top yourself.

The Fox is strong in this one.


sounds like someone didnt get a a Holiday Card from Keith Olbeman...do you ever make a post that is not ripe with Fox News derangement syndrome...?... really...
 
When oil prices dip that is an early warning sign that the economies around the world will be in dire straits.
 
No, the bolded text does not follow from the premise. If there's an indication of a mild growth spurt then you would expect a mild increase in oil prices.
Right, that is what you would expect because there would be a mild growth of demand. But, the speculation of even mild growth or the smallest rumblings of instability in the middle east, will drive the price of oil up by 20%, perhaps even more. How is it that if 5% of the worlds oil would face potential disruption, the price goes up by 20%? Not even actual disruption??
 
You didn't answer my question at all, and I'll bet Palin knows more about oil than Obama. I'll be Obama wouldn't know how to check the oil in his limosine. :lol:

I'll bet he can't drive one.

Truelly the posting of the poorly informed

Obama did not grow up rich, if he had a car in his twenties he would have been the one to drive it, and while I can not say he did check the oil, he would have been the one to take it in for an oil change, and not have the help do it. Romney, and Bush on the other hand, being born rich, most likely could not check the oil, and would have had the help take the cars in for oils changes
 
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