The Obama administration is obviously behind these prices, not only at the pump but with our electric bills as well...Why do I say that? Well, remember this....?
Continued....
No president has ever had control of oil prices.........
No president has ever had control of oil prices.........
False. All the presidents I dislike control oil prices.
Whereas the ones I do like can't control them because the other party is holding them hostage.
No president has ever had control of oil prices.........
The vast majority of our oil comes from Canada and elsewhere. Iran has been in this state for over a decade.
I wonder if Obama, privately, loves this. The enviros want us all peddling bikes anyway.
No president has ever had control of oil prices.........
Nope, but just like Bush, I believe there are steps they could take to keep it from rising so high. Well, more precisely, there are things they could do and others actions they could promote.
I can't believe a couple of people in here actually said oil went up because the economy has done so well under obama, talk about delusional.
Domestic oil production increased because the ppb is up.. Its really as simple as that.
I can't believe a couple of people in here actually said oil went up because the economy has done so well under obama, talk about delusional.
If you don't think the US economy, and world economy is better now than it was in '08/09, you really are delusional.
Greece is really rather small and so is your thinkingGreece. That is all I can think of when I read that.
Greece. That is all I can think of when I read that.
If it does get up to around $5 a gallon here? I am gonna have to buy a mopad or something:shock:
I will never understand why we don't pump our own oil that is here in the U.S. Do they expect all the jobless people to be able to look for work if gas prices reach the $5 a galllon rate
I can't believe a couple of people in here actually said oil went up because the economy has done so well under obama, talk about delusional.
The oil industry will become the alternative energy industry when oil starts to run out.
Right now, there isn't a market for an alternative to oil on a profitable scale. That's why we've seen plenty of "green" bankruptcies and the tanking of electric cars(Leaf, Volt).
On top of that, our infrastructure isn't ready for a spike in electrical demand. We are shuttering coal fired power plants left and right, shifting their production to existing facilities, pushing the limits of production. Until we can increase our electrical production, develop better electrical storage facilities on both a small footprint and large, we aren't ready for non-fuel driven vehicles.
There isn't money to be made in that realm despite the government's best effort at subsidizing the sector. The tech just isn't ready for mass production and consumption.