Good timing: you can now keep you car running overnight as you sleep in it after losing your home.

Bush's fault. If we would have passed big tax increases on oil companies back in the summer, we'd still be enjoying $3 gasoline. Now we won't be seeing that again for a long, long time.

Because the inflation on every other consumer item has not come down due to this decrease. Gas may be cheaper but groceries and everything else is still up %'s.

If gas STAYS low and we don't end up in full blown depression things will turn around by this time next year.

Bush pressed his magic gas prices button. He isn't going to show Obama where the button is.

Actually, RiR, I wonder about that... call my cynical, but I don't expect these $2.19/gal (for reg where I live) prices to last.

Mind you, if they do, certainly I won't complain; more to the point, maybe I can justify moving to an apartment costing me half as much for the same amount of room while dealing with a 60-plus minute commute each way.

We listened to people complaining for months and years how Bush was manipulating gas prices and that it was his fault they got so high.

I wonder how many of those people are going to show up and give him credit and thanks for making them low again.

LOL. I'm not holding my breath . . . .

Call MY cynical too. (sorry)

I filled up for $1.79 this morning, but I'm not about to abandon my carpool. My guess is we'll be knocking on the $3 door again sometime late next spring. They'll blame it on "summer driving season" whatever the hell that is, and the whole cycle will begin again.

Sonofabitch how did I miss that? Good eye, Elliot Neth.

this is a related subject so here goes

so lets look back at the economy

9/11....took a hit of unprecedented porportions because of an unprecedented event....

and since then and up to recently.
umemployment was lower than at ANYTHING during the clinton years that so many of you here revel in
interest rates were low as well as inflation

Here is where some of you put in the part about salaries since you have to have SOMETHING< ANYTHING to bitch about and make it seem like the whole economy was failing, but you simply cant go there anymore. history..and numbers... proves you wrong.

and when it climbed up there we read here day and night that it was all bush's fault because of this and the dollar that.
and now its going lower and lower, so why isnt that bush's fault as well.

and now the dems are going more fear mongering than the right did according to people right here

but what did obama say the other night..

oh its not going to as bad as we think or words somewhat to that affect..

now that the campaign is over, I knew we would get a little different tune.

free markets?????????????????

supply and demand my fucking ass.

an elite bunch of greedfuckers have been toying with us, ruining the economy in the process.

Paulson and Bernanke are in charge of making their bosses rich while under the Democrats Rubin completely trashed the Russian economy. All the while spouting freedom and free markets nonsense, while dealing out a massive dose of predatory capitalism.

Bush's fault. no, really.

now that the campaign is over, I knew we would get a little different tune.

#9 | Posted by bushlovertwo

Not really. For example this seems not only consistent, but accurate and insightful as well (from the 60 Minutes interview)

"Well, because this has been our pattern. We go from shock to trance. You know, oil prices go up, gas prices at the pump go up, everybody goes into a flurry of activity. And then the prices go back down and suddenly we act like it's not important, and we start, you know filling up our SUVs again.

And, as a consequence, we never make any progress. It's part of the addiction, all right. That has to be broken. Now is the time to break it."

"I wonder how many of those people are going to show up and give him credit and thanks for making them low again."

#6 | Posted by goatman

I'll bite.

How has Bush, POTUS, caused the lowering of the price of a barrel of oil, a global product?

Paulson and Bernanke are in charge of making their bosses rich while under the Democrats Rubin completely trashed the Russian economy

~Nutcase

True dat.

Leading to massive economic chaos that inevitably led to the emergence of a Russian strongman in the personage of Vlad "The Impaler" Putin.

America, like Doctor Frankenstein, creates her own monsters.

All the while spouting freedom and free markets nonsense, while dealing out a massive dose of predatory capitalism.

Yup, just like they did in Poland when they essentially broke the back of Lech Walensa and the entire Solidarity movement.

Disaster Capitolism.

Fear it.

/Coming soon to America!
//As you have sown... and all that.

Be Well.

"I wonder how many of those people are going to show up and give him credit and thanks for making them low again."

YEAH!
Let me try this out!
Gas Prices have Fallen Because of Obamas impending presidency. Think of it as the counter to the rights claim that the market is struggling because of Obamas impending presidency.

Now twist and contort the above until satisfied, then step back and marvel at its stupidity (the home of the tortured right)!.

LOL! If only I WAS an untouchable.

I always catch mine right after I hit "post", then I think, "nice job jackass, you've totally invalidated your point."

As if I ever had one.

You see? Bush wanted Obama to win which is why he waited until after the election to make gas prices drop so dramatically. He kept them high for the entire campaign and now that it's over he used all that pull he has with OPEC to give Americans some much needed relief.

"Well, because this has been our pattern. We go from shock to trance. You know, oil prices go up, gas prices at the pump go up, everybody goes into a flurry of activity. And then the prices go back down and suddenly we act like it's not important, and we start, you know filling up our SUVs again."

And, as a consequence, we never make any progress. It's part of the addiction, all right. That has to be broken. Now is the time to break it."

#12 ~SanAntonioRogue

As Jon Stewart remerked the other night.

"The price of oil goes up until people in the US get worried and start talking about higher cafe standards and energy independence and then the prices go down and people forget about it. It's like the OPEC guys are playing a game where they push it as far as it will go and then fall back"

Spud paraphrases but that was the gist and Spud could do nothing but agree with the sentiment.

Be Well.

I wonder how many of those people are going to show up and give him credit and thanks for making them low again.

LOL. I'm not holding my breath . . . .

#6 | Posted by goatman

Breathe Goat-we can all credit Bush for tanking the economy and driving demand down. Hiss global war on terrierism has turned into a global war on paychecks,only he's winning this one.

Vernon may eventually get his $30 a barrel oil, only nobody will be able to afford it then either.

The drop was because of the World Recession. No one dictates to the pushers of this drug. The purveyors of the 'dirty dead rotting things fuel' are at this moment cutting supply, so don't get too comfortable.

How has Bush, POTUS, caused the lowering of the price of a barrel of oil, a global product?

I was being sarcastic. A year ago all the lefties on the DR were blaming Bush for the price of oil being so high -- which I argued against.

But if Bush was controlling the price of oil a year ago, as alleged, surely he must be making it go down.

Or doesn't it work both ways, oh global prophet.

As I keep saying -- it is so funny to sit back and watch partisianship (it's Bush's fault!) in action.

Spud, what did you think about T. Boone's natural gas plan for the trucking industry? My natural gas bill seems to fluctuate just as much as diesel does. I guess getting off foreign oil is nice, but I don't see it saving us any money.

as Prices have Fallen Because of Obamas impending presidency.

Ah, redneckshill. To admit this is to admit that Bush is not in contol of oil prices as the left so adamantly alleged when they went up.

You parisian shills crack me up.

Gas has become so cheap that now we gas our lawn, and shower in gas, and wash our cars with it. Hopefully when spring comes it will still be cheap enough to fill our pool.

I would rather have gas higher and have the value of my investments back to where they were in August.

we can all credit Bush for tanking the economy and driving demand down.

Blind partisianship at work again. Thank you for validating what I said a year ago as prices were rising. You claim that the tanking economy is the reason prices are going down. I claimd a year ago that the booming economy (stock market was at it's highest a year ago, remember) was the reason gas prices were going higher. But the left said I was wrong. They said Bush was controlling them.

You can't have it both ways, northguy. Either the econcomy was the reason it was high a year ago and low now, or Bush controlled it a year ago and controls it now.

You partisian shills crack me up with your changing 'reasons' for everything. Yo know, others would take you more seriously if you stuck to the same story no matter what the ends are.

Carry on.

And, as a consequence, we never make any progress. It's part of the addiction, all right. That has to be broken. Now is the time to break it."

#12 | Posted by SanAntonioRogue at 2008

and lets put this into the archives so that we can bring it out just after pres obama reinstates the drilling ban. which he will do, I predict.
he is too beholden to people against it

How has Bush, POTUS, caused the lowering of the price of a barrel of oil, a global product?

#13 | Posted by ZOT at 2008

so when you say this are you saying that he could make it rise but it cant make it lower???

maybe the answer is that he doesnt have all that much control over it either way....

"I was being sarcastic."

#21 | Posted by goatman

Gotcha.

Keep on drilling.

"To admit this is to admit that Bush is not in contol of oil prices as the left so adamantly alleged when they went up."

Please link to such (imaginary) comment(s) by me. You will find none!

Anyway,

"You parisian shills"

Please now ---- just who exactly is still here running interference for a man who has schleprocked America!

Crack-up indeed!

These low gas prices are really pissing off the media.

Breathe Goat-we can all credit Bush for tanking the economy and driving demand down. Hiss global war on terrierism has turned into a global war on paychecks,only he's winning this one.

Vernon may eventually get his $30 a barrel oil, only nobody will be able to afford it then either.

#19 | Posted by northguy3 at 2008

and you poor bastards cant feel good about any of this can you???

I paid 1.69 this morning for regular
so quit bitching about it and be happy its that low for now

BUT T boone says it will be right back up there in a year

is he right???

No one dictates to the pushers of this drug.

Well said, Like.

Spud, what did you think about T. Boone's natural gas plan for the trucking industry? My natural gas bill seems to fluctuate just as much as diesel does. I guess getting off foreign oil is nice, but I don't see it saving us any money.

T Boone made alot of sense.

Get the big trucks on Natural Gas, a cleaner fuel that the US has shitloads of, turn the smaller vehicles into hybrid/electricals. Harness the vast amounts of untapped Wind and solar power creating greeb jobs in a more eco-friendly sustainable USA that no longer sends Billions to the US unfriendly ME.

Wot's not to like about any of that?

The fact that the books profits all go to support VA hospitals who, quite frankly, need all the help they can get is also laudable.

Spud's big question involves manufacturing.

Even if we do as T Boone sez, the use of petrochenicals in manufacturing uses up a massive chunk of the gloabe's annual oil production. That these non-renewables are used in lieu of more sustainable, renewable resources is worrisome to Spud and thus far nobody seems to be addressing that aspect of the problem.

A return to the use of wood and metal and glass rather than a continuation of the platic age seems to be well in order here.

Be Well.

You parisian shills crack me up.

#23 | Posted by goatman

Eh salaud! Leave the French out of this.

so when you say this are you saying that he could make it rise but it cant make it lower???

#28 | Posted by bushlovertwo

Neither. It was a question to the goat.

Keep on drilling.

We're on it, bro'! We are completing a well as I type this.

Gas has become so cheap that now we gas our lawn, and shower in gas, and wash our cars with it. Hopefully when spring comes it will still be cheap enough to fill our pool.

The drop was because of the World Recession. No one dictates to the pushers of this drug. The purveyors of the 'dirty dead rotting things fuel' are at this moment cutting supply, so don't get too comfortable.

#20 | Posted by like at 2008-11-18 11:46 AM

THis is the truth.

Eh salaud! Leave the French out of this.

LOL. I saw that typo as soon as I hit publish.

Gas prices will come back up when the liquidity finally comes back to destroy the dollar. No reduction in demand will change that.

Please link to such (imaginary) comment(s) by me. You will find none!

Maybe not. BUt I did not mention you personally. Did you no notice that?

But even if you did, I would not be able to link to it. I do not save years of retorts from the DR on my hard drive as Hans does. I have a real life.

If America is serious about breaking its addiction to oil it would institute gas taxes similar to Europe's while the price is fairly low and discourage consumption. Then use the proceeds to start building alternative energy infrastructure.

BTW, what a coincidence that the gas prices dropped so much right before the election. I just love coincidences and there sure are a lot of them these days.

If we would have passed big tax increases on oil companies back in the summer, we'd still be enjoying $3 gasoline.
#2 | Posted by rightisright

Well, since there seemed to be no problem paying $3 a gallon before, when all that extra cash was going straight into the Execs pockets, maybe now is the time to enact more taxes on it. At least that extra money would be going back into infrastructure and other things that benefit us all.

The reality is that the world is running out of oil. The recent drops in the price of oil are merely temporary. Predictions for the price of a barrel of oil range between $300 and $500 by 2012, which would mean a gallon of gasoline would be between $12 and $20. Unfortunately, all the so-called "green alternatives" are nothing of the sort; they're not green and they're certainly not alternatives. The world is going to wake up one day to learn that we've exhausted the supply of oil and that industrialization was a tragic mistake of the 20th century. Humans will be driven back into poverty as we return to a lifestyle of subsistence agriculture similar to that of the late 1700's. Nothing can prevent it; the Picken's Plan is a joke. Wind power can't supply the energy to sustain the world. There's not enough uranium in the whole world to supply the United States with electricity. Basically, we're all screwed. Kiss your consumer-driven lifestyle goodbye. Enjoy your Starbucks and BMW's while they last, which might be as little as 3-5 years.

"If we would have passed big tax increases on oil companies back in the summer, we'd still be enjoying $3 gasoline."

So, RisR is saying that the CEOs of the oil companies would commit tax fraud to protect their profits. Probably true, crooks generally do crooked things but....with a Justice Dept. interested in ...... Justice.... they might just end up behind bars.

KNOWSTOOMUCH there is plenty of sunshine and lots of hydrogen. With the profits that will come with development those energy sources will come.
As T. Boone says..."we need a bridge."

actually danni what he might have been saying was that it was a little joke

and

BTW, what a coincidence that the gas prices dropped so much right before the election. I just love coincidences and there sure are a lot of them these days.

#44 | Posted by danni at 2008-11-18

you and your right wing conpsiracy....or would it have helped the dems as well

the REAL problem about this issue and the election and low prices is if we all forget about the problem while we are seeing these prices.....

we cant let this stop from making it an issue like we did after the embargo of the 70's....

the problem hasnt gone away is what I am saying

Get the big trucks on Natural Gas, a cleaner fuel that the US has shitloads of, turn the smaller vehicles into hybrid/electricals. Harness the vast amounts of untapped Wind and solar power creating greeb jobs in a more eco-friendly sustainable USA that no longer sends Billions to the US unfriendly ME. Wot's not to like about any of that?
#34 | POSTED BY DETHSPUD
------

As long as it's plentiful, cheap and efficient, it will be sustainable. I'm just not sure it's all 3. Can you retrofit a truck to run on NG at a reasonable price, or are we talking about an entirely new fleet? If it's not cost effective no one will do it. A sustainable US is something I can get on board with. I don't care if it's more eco-friendly, or green, or any other currently hip lingo, but if it is, I guess I can have my cake, and the greens can eat it too.

If America is serious about breaking its addiction to oil it would institute gas taxes similar to Europe's while the price is fairly low and discourage consumption. - DUMMI

So many things wrong with that I do not know where to begin. CO2 is also classified as a greenhouse gas by some DUMMI, want to tax human production of that to discourage production? Nothing like a dem's brain - I know better than the common folk so just listen to me and shut up.

How has Bush, POTUS, caused the lowering of the price of a barrel of oil, a global product?

#13 | Posted by ZOT

The same way he made it go up, you ass hole.

The same way he made it go up, you ass hole.

#52 | Posted by Sniper

I deserved that?

"...lots of hydrogen. "

#48 | Posted by danni

Problem with hydrogen is that is generally locked up with another element, such as oxygen. Separating the hydrogen consumes more energy than the net gain on the other side. Y'a can't cheat the laws of physics.

Correct me if I am wrong:
I thought the price of oil came down due to the market crash where hedge funds got caught holding more oil contracts then they could afford and being over-leveraged? It was the short and possibly naked short that caused the decrease? If this is the case then yes GWB did have control of the rise but not necessarily the fall in price (unless he had insider information and prepared for the short).

Actually, RiR, I wonder about that... call my cynical, but I don't expect these $2.19/gal (for reg where I live) prices to last.

* * * *

You're right. They're heading lower.

"we cant let this stop from making it an issue like we did after the embargo of the 70's...."

Don't worry, we aren't going to elect Ronnie Raygun again.

"Y'a can't cheat the laws of physics."

I'm not going to try to argue physics with you Zot, certainly not an area that I am knowledgeable but are you saying that a law of physics would prevent there being a better process to seperate the Hydrogen from the water molecule??? I'm not arguing here, just asking. Or is it just taht we don't yet have a process which will not require so much energy??

are you saying that a law of physics would prevent there being a better process to seperate the Hydrogen from the water molecule???

Yes, Danni, that is correct. Think about it. If you could get X joules of energy by combining H2 and O to get Y amount of water, it is impossible to separate Y amount of water with < X joules of energy which would be necessary to have a net gain of energy. The First law of Thermodynamics is inescapable.

BTW, what a coincidence that the gas prices dropped so much right before the election. I just love coincidences and there sure are a lot of them these days.

According to one of your fellow lefties (Northguy) it is not a coincidence, Danni. It is because of the tanking economy.

WAIT! I got it! Bush engineered a global economic meltdown so as to disguise his under the table manipulation of the oil markets in a bid to drive down oil prices just before the election. He started planning this years ago in cahoots with Alan Greenspan. His engineering finesse caused years of work to pay off: Gas indeed went down in October, 2008 -- just as he planned 8 years ago.

And y'all call the man stupid!

BL2,

Your distortions of reality are truly astonishing.

9-11 was avoidable, but asleep at the wheel Shrub ignored frequent repeated warnings so he could hangout in Crawford more. He probably had a special landing strip built for that purpose. However, his behavior was hardly unique for an Airline or Federal Employee, otherwise devoid of courage, with the power to obscure their culpibility. The passengers on Flight 92 are the real heros. Once they understood their fate, they made sure the 4th plane did not complete its mission and binLaden would never try that stunt again.

Employment numbers are grossly distorted. Clinton started it and Shrub caught on quickly to the charade. People working part time and outside their education, because they can't find other work don't count anymore, neither do those whose employent has runout or those on welfare. Europe which has consistently higher numbers than us do. If we measured unemployment rates the same way for the last 40 years it would be at 15%. Iraq is 40% and the Great Depression 25%.

Shrub has been borrowing and printing money like there's no tommorrow while waging war for despicable reasons, torturing willy nilly, and spying on everyone since day one. This indifferent incompetent asshole has killed, maimed and displaced more people than anyone since Pol Pot. Hussein ain't even in the same league and was our friend until he threatened to trade with Euros, which is going to happen eventually anyway. When that happens the free

Our economy experiences a time lag between policy changes and effects. Transition periods are unfair measures of success or failure for any President. But Shrub's policies have savaged our economy and we are living with the results even as what is left of the National Treasury is pillaged before our very eyes. This was evident early in his first term, so to delay a recession Greenspan used his position to fire up the housing industry. Houses are expensive and the insuing inflationary bubble created a false sense of prosperity. Wait until inflation hits.

"The First law of Thermodynamics is inescapable."

Thanks, Goat. You're a joule.

Thanks, Goat. You're a joule.

*groan*

It's kind of funny, when gas hit 55 a barrell on the way up, experts said it was unjustified. When it hit 90 the frenzy really started and every commentator said china and india's demand was the reason. At 140 a barrel all the experts said 200 was next, even goldman sachs. That was all because usage was outstripping supply by a few million barrels a day, supposedly.

Now the world's demands are waning, and we use a few million less then daily pump rates. Voila....a pricing crash back to normal levels.With the world's currencies in crisis mode, the only strong country currencies rallying, the yen and the dollar. Oil is priced in dollars, there's another factor pushing down oil.

Is it alt energy like danni is dreaming. Probably not much, if any. T Boone has put ON HOLD his plans...ie they don't make economic sense with oil below 70 bucks. Of course don't tell barack, nancy, Sierra, or the congress that. The messiah is hell bent on doing alt energy irregardless of cost. He's going to throw money away, at our expense. cap and trade is a HORRIBLE idea and will bankrupt many a company, and consumers...

Declaring war on CO2 is horseshit junk science, and we are about to pay the largest tax increases of all time chasing his folly

Hiss global war on terrierism has turned into a global war on paychecks,only he's winning this one.

#19 | Posted by northguy3 at 2008-11-18 11:42 AM | Reply | Flag:Woof Grrr Arrrf!

LOL trees.

Been cooking anything special lately?

Hmmm lots of interesting foods.

Presently engaged in making the perfect alfredo.

Le yum!

How ya been, man?

Presently engaged in making the perfect alfredo

Sounds greatj! Don't forget that very slight pinch of nutmeg -- one or two scrapes of a whole one with a fine grate will do it.

How ya been, man?

Great! I don't know last time I saw you here, so I don't know if you know, but I became a first time grandfather on the Cinco de Mayo. My son and daughter in law and new baby are living with me while they look for a place in SA.

It's great having them with me. I get to cook again. I didn't do much just for me. ALso, I never thought I would fall for that little girl like I have. She's everything to me at this point in my life! Just a doll

She got the "Goatman Family Eyes"

BTW GOATMAN

Since it last came up I found out Great Grandma of Richardson, TX came right from Germany. Married one of the namesake locals there.

Since it last came up I found out Great Grandma of Richardson, TX

I'll be there next week. I'm visiting friends and family in Plano, just 5 miles N of there.

She got the "Goatman Family Eyes"

LOL. Thats what everyone says. She looks just like my son and my son looks just like me. A few people in public have asked if I'm her father

That's cool, GOATMAN

"Our folks" are from the same neck of the woods.

Don't forget me in your will. We might be related. The Richardson branch goes back a long way 'round those parts.

We could be 4th cousins twice removed. When and where's our family reunion next year? I'll being potato salad and sugar free pies. *grin*

Cute kid, Goatman.

here in charlotte, crime capital of the south, gas is at 1.89, however there are commercials stating the dems and obama are going to reverse the lifted ban on off shore oil drilling. has anyone else heard this, and why would they do that?

here in charlotte, crime capital of the south, gas is at 1.89, however there are commercials stating the dems and obama are going to reverse the lifted ban on off shore oil drilling. has anyone else heard this, and why would they do that?

Because
A.) burning crude oil pollutes the environment
B.) relying on crude for energy is not sustainable because there is a finite amount of oil in the world; banning it will force us to find alternatives (although I know for certain that it won't work... see above)
C.) there's no oil offshore anyway so the ban prevents Exxon from tearing up the shoreline looking for a non-existent resource

SCOOTER

When gas was $4 Americans wanted us to pump our 3$ of the world's oil supply so OPEC could cut production by an equal amount and thus keep oil at the same price while we spend billions developing a source that wouldn't be in the energy stream for years.

3% of the world's oil supply.

C.) there's no oil offshore anyway so the ban prevents Exxon from tearing up the shoreline looking for a non-existent resource

LOL. I still can't figure out why you chose the on-screen handle that you did.

No oil offshore, huh? BP sure is spending shitload of money to complete (put into production) a 17k ft well we just dug. I guess they just like spending tens of millions of dollars to play jokes on us drilling crews and rigs and the general public.

What a sense of humor these oil companies have.

... so OPEC could cut production by an equal amount and thus keep oil at the same price...

THis is true of course, AU, but the more domestic oil we have, the less we have to import. The less we have to imort, the smaller the extortion stick that OPEC beats us with. That maks it less likely they'll use oil as an economic weapon against the west. Or if they do enact another embargo, say, we won't be missing so much oil percntage wise.

tearing up the shoreline looking for a non-existent resource

???

What are you talking about? A drill ship leaves footprint of about 20' on the seabed. A semi-submersible, the same, but we have to put out 8 anchors which leave barely a scratch on the seabed when they are retrieved

Who feeds you this garbage?

Cute kid, Goatman.

Thanks!

Just paid $1.75/gallon here in Zion

At least if the oil is still in the ground, we'll have *some* leverage.

There is no leverage if it is in the ground. It takes 7 years from the word 'GO!' to get oil out of the ground and into your tank. There are many administrative, logistical, and technical needs that have to be satisfied.

OPEC could do a lot of economical damage in 7 years.

DAMN THOSE SPECULATORS! Driving the price down like this! How dare they! Making money on this!

We need an INVESTIGATION! They should not be allowed to make money and drive down prices!

Where are Pelosi and Frank when you need them?

They are crafting the largest tax increase of all time, don't you know? It's called cap and trade and it will bankrupt many a good companies and individuals. Why build a clean burning coal plant that produces CO2, after all the messiah is anti primary energy sources, and has his head in the sands of alt energy. What's he know that T boone doesn't??? Didn't he promote t boone's ideas???