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Gas prices are highest ever for this time of year

Deuce said:
. This is something the American president has virtually no control over.
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What about the current President that is against fossil fuel?
 
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....
 
Now, some dishonest liberals may say, 'well, we didn't get Cap -n- Trade.' But what you did get was the administration making the epa out of control...





We no longer have a government in the WH that cares a wit, nor will follow the system of government that the United States was founded on...If they can't get their way, they will do it anyway.




j-mac
 
j-mac said:
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....
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No president has ever had control of oil prices.........
 
sharon said:
No president has ever had control of oil prices.........
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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.
 
sharon said:
No president has ever had control of oil prices.........
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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.
 
Erod said:
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.
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Well, afterall, he did say that gas prices would, "neccessarily", have to go up. Of course he loves this.
 
1Perry said:
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.
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Yes, like not telling your EPA to get it done through the back door.


j-mac
 
sawyerloggingon said:
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.
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Domestic oil production increased because the ppb is up.. Its really as simple as that.
 
sawyerloggingon said:
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.
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If you don't think the US economy, and world economy is better now than it was in '08/09, you really are delusional.
 
Blue_State said:
Greece. That is all I can think of when I read that.
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Greece is really rather small and so is your thinking


China, India, and other emerging markets have increased demand from 2008 and 2009

In fact China is now the second largest consumer of oil in the world, it sold more cars in 2010 the the US did. Greece has 8 million or so people, China has 1.3 billion. At least 3 rather rich cities in China (Beijing, Shanghai and Hong Kong (Hong Kong if you include the metro area of mainland China) each have more people then Greece, and matter more to the world economy a great deal more then Greece. Untill Europe has a collapse, the economy is currently doing better then back in 2008. That it will continue to do so is a different story
 
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:(
 
Gas prices go up, Hussein Obama goes down:applaud
 
Blue_State said:
Greece. That is all I can think of when I read that.
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Greece is only about 2.5% of the EU economy ... let alone the world's economy.
 
Kali said:
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:(
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Our number one export product last year was what? Gasoline.
 
sawyerloggingon said:
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.
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Did anyone say "well" or "improved?"

Because you look foolish arguing that increasing demand for a product with a limited supply doesn't increase prices.
 
Samhain said:
The oil industry will become the alternative energy industry when oil starts to run out.
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This is incorrect. The oil industry will switch to alternatives as profit margins on oil decrease to where the point alternative provides more reliable and higher profits. We didn't run out of whales when the age of whale oil died. And oil is running out. It's just still highly profitable.

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).
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How many cars sell 10k in their first year as a first model without any previous model?

Tally of Nissan LEAF and Chevy Volt Sales for 2011 | PluginCars.com

Solid numbers considering the price and the new factor. As for green bankruptcies, it has more to do with illegal dumping and government sponsorship then anything else. It makes sense what US producers who don't get free land, cheap labor, nearly free loans, unlimited lines of credit and relaxation of environmental laws like in China can compete with firms that do. When you have a country that frankly isn't playing fair, it's no wonder why you go under when you get no support.

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.

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.
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That's probably true.
 
obvious Child said:
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.
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The only real hitch with alternative energies is the energy storage problem. That's getting solved. As it stands, Wind, Solar, Tide, and Wave solutions are already out there and they're already making money. Have been for decades. People just weren't paying attention while gas was cheap.
 
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