Drudge Retort: Red Meat for Yellow Dogs
Friday, February 24, 2012

In a speech at the University of Miami Thursday, President Barack Obama chided Republicans for thinking that drilling is enough to address rising gas prices. "Since it's an election year, they're already dusting off their three-point plan for $2 gas. I'll save you the suspense: Step 1 is 'Drill,' Step 2 is 'Drill' and then Step 3 is 'Keep drilling,'" he said. "Well, the American people aren't stupid. They know that's not a plan, especially since we're already drilling."

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rstybeach11

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Obama said the trouble in the Middle East, specifically surrounding Iran, is the cause for the recent rise in gas prices. He added that Chinese and Indian demand is only going to get bigger. "Anybody who tells you that we can drill our way out of this problem doesn't know what they are talking about or just isn't telling you the truth," Obama said.

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"We can't just rely on fossil fuels...we have to keep developing new sources of energy...we have to rely on American know-how...that is our future." -- President Obama

#1 | Posted by rstybeach11 at 2012-02-23 02:42 PM | Reply | Flag:

"In 2010, our dependence on foreign oil was under 50% for the first time in over a decade. We were less relient on foreign oil than we had been. In 2011, the United States relied less on foreign oil than in any of the last 16 years. That's the good news. And because of investments we have made, the use of clean, renewable energy has almost doubled, and thousands of American jobs created as a consequence." -- President Obama

#2 | Posted by rstybeach11 at 2012-02-23 02:44 PM | Reply | Flag:

Don't worry,

The usual oil company whores will be along any minute now to remind us that if only the oil companies could drill more the price of gasoline would be $.12/gallon by July.

I think even the average Fuck Snooze view is smart enough to realize that 600 million Indians and Chinese workers that can now afford to drive cars and are buying gasoline for the first time in history has far more to do with the price of gasoline and all the propaganda Exxon and BP can brainwash them with has.

Gas ain't ever gonna be cheap again.

#3 | Posted by axe at 2012-02-23 02:52 PM | Reply | Flag:

Drilling at home may not set the price at the pump, but it sure does a lot to reassure people that there will be other options soon and less a need to worry about what is going on in the ME.

Pair new drilling at home with the Keystone Pipeline and some of the fears would be eased at least.

#4 | Posted by ExpsRedemption at 2012-02-23 02:55 PM | Reply | Flag:

"There are no silver bullets when it comes to...oil prices...$4 billion of your tax dollars subsidize the oil industry every year. $4 billion! They don't need a subsidy. They're making near record profits. These are the same oil companies that have been making record profits off the money you spend at the pump for several years now. How do they deserve another $4 billion from tax payers and subsidies? It's outrageous! It's inexcusable!" -- President Obama

#5 | Posted by rstybeach11 at 2012-02-23 02:57 PM | Reply | Flag:

"And every politician who has been fighting to keep those subsidies in place should explain to the American people why the oil industry needs more of their money. Especially at a time like this. I said this at the State of the Union [address]: a century of subsidies to the oil companies is long enough. It's time to end tax- taxpayer give aways to an industry that has never been more profitable; double down on clean energy industries that have never been more promising. That is what we need to do." -- President Obama

#6 | Posted by rstybeach11 at 2012-02-23 02:58 PM | Reply | Flag:

with the Keystone Pipeline

And China would get all the oil anyways.

#7 | Posted by 726 at 2012-02-23 03:01 PM | Reply | Flag:

Obama also wants to invest heavily in companies that develop energy from algae.

#8 | Posted by rstybeach11 at 2012-02-23 03:02 PM | Reply | Flag:

Last time I checked supply and demand is still taught in eocnomics classes for a reason.

There is lots of factors that affect the price of oil/gas and supply is one of them.

#9 | Posted by 90c2cab at 2012-02-23 03:03 PM | Reply | Flag:

"Obama states that the trouble in the Middle East, specifically surrounding Iran, is the cause for the recent rise in gas prices."

Well we've got 40+ bases, two wars, and a couple of carriers literally "surrounding Iran." Might that say something about "the trouble in the ME"?

Inflation doesn't help either.

#10 | Posted by adammm at 2012-02-23 03:03 PM | Reply | Flag:

Obama states that the trouble in the Middle East, specifically surrounding Iran, is the cause for the recent rise in gas prices

Can't be. Danni called me a liar when I said that and told me it was the oil companies conspiring to end Obama's re-election bid.

#11 | Posted by kanrei at 2012-02-23 03:04 PM | Reply | Flag:

#11 | POSTED BY KANREI

Well that's ironic.

#12 | Posted by rstybeach11 at 2012-02-23 03:05 PM | Reply | Flag:

"There is lots of factors that affect the price of oil/gas and supply is one of them."

Uh-huh. And if we drill now, how long before we see any of what we've drilled at the gas pump? How much goes to our own gas pumps anyway. Dr. Economy, perhaps you could explain all of this in ways that stupid people like President Obama can understand.

#13 | Posted by pragmatist at 2012-02-23 03:05 PM | Reply | Flag:

If the government spent a tenth the amount of money it did on Solyndra to instead help educate consumers on clean diesel technology that already exists everywhere in the world- especially Europe- we could cut our demand in half overnight.

Instead, we throw billions to "cash for clunkers" crap where people can buy a new Hummer with free tax dollars.

#14 | Posted by adammm at 2012-02-23 03:06 PM | Reply | Flag:

Don't worry,

The usual oil company whores will be along any minute now to remind us that if only the oil companies could drill more the price of gasoline would be $.12/gallon by July.

#3 | Posted by axe
------------------
The usual I don't understand economic whores will be along any minute now to remind us that supply has nothing to do with the coast of oil/gas.

#15 | Posted by 90c2cab at 2012-02-23 03:06 PM | Reply | Flag:

Does this guy take accountability for anything?
Bush's fault.
Arab Spring.
Japanese Tsunami.
Euro crisis.
Iran.

Fuck. Why do we even need a President if every issue is beyond his control?

#16 | Posted by dr_dude2 at 2012-02-23 03:06 PM | Reply | Flag:

#13 | Posted by pragmatist

Uh-huh. And if we drill now, how long before we see any of what we've drilled at the gas pump? How much goes to our own gas pumps anyway. Dr. Economy, perhaps you could explain all of this in ways that stupid people like President Obama can understand.
--------------
It's taught in every economics class at every college in the U.S.

So if you want to learn all about supply and demand take a class.

#17 | Posted by 90c2cab at 2012-02-23 03:08 PM | Reply | Flag:

15--See 13.

#18 | Posted by pragmatist at 2012-02-23 03:08 PM | Reply | Flag:

17--Well, that was a non-answer.

I know about supply and demand--something I learned about in high school for god's sake. I asked you to take your very general assertions and apply them to this very specific situation. You either misunderstood my question (poor grasp of English?) or you are deliberately not answering it (troll?).

#19 | Posted by pragmatist at 2012-02-23 03:10 PM | Reply | Flag:

The last time gas was expensive there was back lash by consumers and the price came down.

What a shocker, when demand went down the price changed.

Again the teach supply and demand in every economics class in the U.S. for a reason.

#20 | Posted by 90c2cab at 2012-02-23 03:11 PM | Reply | Flag:

#13 | POSTED BY PRAGMATIST

I think it's something like a decade to get from planning stages (once they actually find a spot to drill), through drilling crude, through refining into gas, then to the pump.

But don't quote me on that because:

No citation needed.

#21 | Posted by rstybeach11 at 2012-02-23 03:11 PM | Reply | Flag:

Consider.

Spud lives in Canada.

Canada has more oil than we know what to do with.

So we have pipelines taking the stuff to the US.

ecowatch.org

Keystone is just the latest add on to a long established trend.

But here's the thing.

Spud pays more for gas than you do.

Always has and prolly always will.

Domestic supply does not dictate price. K?

All these BS RW narratives lately essentially biatching about the price of gas or selectively parsing the highs and lows in order to prove false points all seem to entirely miss the point about international markets in fungible commodities like oil work. Newt promising gas at a specific
level like he did the other night for example. That shiat is bananas.

MARKETS DON'T WORK THAT WAY.

Global oil production nears a peak and plateaus out while global demand increases. Eventually the world will run out, it's not a question of 'if' but 'when'. Everyone with half a brain on the planet is trying to figure out how to ween us off the stuff entirely which is why green energy solutions are no longer looked at by rational people as some pie in the sky hippy dippy shiat but something than can and must be accomplished and relatively soon.

Ya wanna biatch about prices and follow a think tanked script by all means, go right ahead.

Just know that you are wasting your time.

Be Well.

#22 | Posted by dethspud at 2012-02-23 03:12 PM | Reply | Flag:

...about how international...

FTFM

Be Well.

#23 | Posted by dethspud at 2012-02-23 03:13 PM | Reply | Flag:

#22 | POSTED BY DETHSPUD

Doesn't the U.S. import 70% of it's oil from Canada? I believe so, but don't quote me on that because:

No citation necessary.

#24 | Posted by rstybeach11 at 2012-02-23 03:14 PM | Reply | Flag:

Deth nailed it. Gas companies are multinational. Just because they drill it here doens't mean it stays here.

Stop inflation, stop war mongering, and lower demand by switching to diesel. "Drill baby drill" is a soundbite, not a legitimate solution.

#25 | Posted by adammm at 2012-02-23 03:14 PM | Reply | Flag:

-how long before we see any of what we've drilled at the gas pump?

I think that would depend heavily on our refining capacity, wouldn't it?

I posted this a few days ago but we about to have a larger than North Dakota oil boom here in Kansas in the next few years.

Some very large oil reserves have been detected and some horizontal drilling operations are already underway. It's gonna be huge for Central and Western Kansas.

but if we have to ship it all off to refine elsewhere.........

#26 | Posted by eberly at 2012-02-23 03:15 PM | Reply | Flag:

20--I give up. They've also been teaching English for well over a hundred years in every HS in the nation, 902.
+++++

And holy shit! I agree with Adammm (that's twice, I think). Funny moment: I was writing a post to Adammm last week and my wife looked at what I was writing: "You spelled his name wrong."

#27 | Posted by pragmatist at 2012-02-23 03:17 PM | Reply | Flag:

-Canada has more oil than we know what to do with.

right...you won't/can't refine it there.

#28 | Posted by eberly at 2012-02-23 03:18 PM | Reply | Flag:

Doesn't the U.S. import 70% of it's oil from Canada? I believe so, but don't quote me on that because:

No citation necessary.

Lawls.

As of 2005?

Canada 16.3%

Mexico 15.4%

Saudi Arabia 14.3%

And so on and so forth.

Here's a chart.

[crudeimportsus]

[themoreyouknow]

Be Well.

#29 | Posted by dethspud at 2012-02-23 03:18 PM | Reply | Flag:

"I think that would depend heavily on our refining capacity, wouldn't it?"

902 missed this very important point in his (?) repeated "teaching" rant. Right now, from what I know, our refining capacity is pretty low. If that's true, who the fuck cares how much crude we have. My original questions still stand, and they are part of why I continue to say that "Drill baby drill" doesn't work.

#30 | Posted by pragmatist at 2012-02-23 03:18 PM | Reply | Flag:

#22 | POSTED BY DETHSPUD

In 2010, the U.S. imported ~2.5 million barrels of petroleum per day from Canada, which was twice the amount of the second largest exporter of petroleum to the U.S., that of Mexico. Saudi Arabia comes in third with ~1.1 million barrels of petroleum exported to the U.S. per day. The only other ME country on the list of top ten exporters of petroleum to the U.S. in 2010 was Iraq, with ~464,000 barrels per day. Venezuela, Nigeria, Russia, and Columbia all place higher than Iraq on this list.

ftp.eia.doe.gov/pub/oil_gas/
petroleum/data_publications/
company_level_imports/current/
import.html

#31 | Posted by rstybeach11 at 2012-02-23 03:20 PM | Reply | Flag:

If you have a garage sale and two customers want the same product, who do you sell it to? Probably the highest bidder.

#32 | Posted by 90c2cab at 2012-02-23 03:21 PM | Reply | Flag:

Stop inflation, stop war mongering, and lower demand by switching to diesel. "Drill baby drill" is a soundbite, not a legitimate solution.

THIS.

[bearsrepeating]

Be Well.

/K, off to play Skyrim now.
//Just got 5 more achievements to go and I'mma 100%.

#33 | Posted by dethspud at 2012-02-23 03:21 PM | Reply | Flag:

If you have a garage sale and two customers want the same product, who do you sell it to?

In a garage sale? Whoever claimed it first.

#34 | Posted by kanrei at 2012-02-23 03:22 PM | Reply | Flag:

"Drill baby drill" is a soundbite, not a legitimate solution.
#25 | POSTED BY ADAMMM

Obama actually said "Drill baby Drill" is worth nothing more than a bumper sticker slogan.

Thank you Ms. Palin.

#35 | Posted by rstybeach11 at 2012-02-23 03:22 PM | Reply | Flag:

off to play Skyrim now.
//Just got 5 more achievements to go and I'mma 100%.

Posted by dethspud at 2012-02-23 03:21 PM

I lost interest soon after killing the Big Bad Dragon. Working on the Brotherhood quests and just can't get into the killing the emperor.

That and the Purity quest bugged my game so I can't have any more followers.

#36 | Posted by kanrei at 2012-02-23 03:24 PM | Reply | Flag:

-If you have a garage sale and two customers want the same product, who do you sell it to?

I will throw something away before I have a garage sale.

#37 | Posted by eberly at 2012-02-23 03:25 PM | Reply | Flag:

#30 | Posted by pragmatist

902 missed this very important point in his (?) repeated "teaching" rant. Right now, from what I know, our refining capacity is pretty low. If that's true, who the fuck cares how much crude we have. My original questions still stand, and they are part of why I continue to say that "Drill baby drill" doesn't work.
--------------
Drill baby drill was just a simple message for the general public. The Republicans would like to increase the oil capacity for the U.S. that includes all aspects of the industry.

#38 | Posted by 90c2cab at 2012-02-23 03:26 PM | Reply | Flag:

#36 | POSTED BY KANREI

Talk about thread hijack! I have no clue what you guys are talking about. It's weird being completely out of the loop. Followers? Skyrim is twitter + Duke Nukem? Probably good that I didn't get caught up in it. I still have trouble staying away from Madden 2012.....thesis needs priority.

#39 | Posted by rstybeach11 at 2012-02-23 03:26 PM | Reply | Flag:

Just because they drill it here doens't mean it stays here.

No, but nobody said that anyways. You'd be an idiot to think that making a more significant contribution to global oil supply wouldn't reduce the price of oil, whether it stays here or not.

That said, I agree with the rest of your post. And anyone who thinks Obama or Romney is going to stop warmongering is crazy.

#40 | Posted by JOE at 2012-02-23 03:27 PM | Reply | Flag:

#37 | POSTED BY EBERLY

Why not donate your used goods?

#41 | Posted by rstybeach11 at 2012-02-23 03:27 PM | Reply | Flag:

Talk about thread hijack!

I am really sorry about that. I try not to hijack.

I have no clue what you guys are talking about. It's weird being completely out of the loop.

Video game; Elder Scrolls V.

#42 | Posted by kanrei at 2012-02-23 03:28 PM | Reply | Flag:

And anyone who thinks Obama or Romney is going to stop warmongering is crazy.
#40 | POSTED BY JOE

NW

#43 | Posted by rstybeach11 at 2012-02-23 03:28 PM | Reply | Flag:

#42 | POSTED BY KANREI

Well I knew in the least that it was a video game. I've heard of it, but I have not clue to the plot or interface. All I heard was that the game was much anticipated.

Shit. I hijacked my own thread.

#44 | Posted by rstybeach11 at 2012-02-23 03:29 PM | Reply | Flag:

And anyone who thinks Obama or Romney is going to stop warmongering is crazy.
#40 | POSTED BY JOE


It is our own fault. We need for poll numbers to go DOWN, not UP when our President gets us killing other people. The more they go up, the more Presidents will use killing to hype their approval numbers.

#45 | Posted by kanrei at 2012-02-23 03:30 PM | Reply | Flag:

-Why not donate your used goods?

we do actually. I just hate having a garage sale.

#46 | Posted by eberly at 2012-02-23 03:30 PM | Reply | Flag:

There was an article in the Houston Chronicle outlying various ways the government prevents the oil industry from supplying the public with GAS.

#47 | Posted by 90c2cab at 2012-02-23 03:32 PM | Reply | Flag:

I just hate having a garage sale.
#46 | POSTED BY EBERLY

I agree. I don't enjoy haggling. Though I hate putting useful things to waste. Not a hoarder either, though.

#48 | Posted by rstybeach11 at 2012-02-23 03:32 PM | Reply | Flag:

#47 | POSTED BY 90C2CAB

Could you link it?

#49 | Posted by rstybeach11 at 2012-02-23 03:33 PM | Reply | Flag:

someone show fuckhead barry where "W" just opened some places on paper and gas went DOWN....almost WENT DOWN AS fast as kanrei does on friday nites..

(oh oh oh...a good one....)

#50 | Posted by afkabl2 at 2012-02-23 03:34 PM | Reply | Flag:

almost WENT DOWN AS fast as kanrei does on friday nites..

Your mom is a good payer and said you can't get the job done because you are too focused on your dad.

#51 | Posted by kanrei at 2012-02-23 03:34 PM | Reply | Flag:

There was an article in the Houston Chronicle outlying various ways the government prevents the oil industry from supplying the public with GAS.

#47 | Posted by 90c2cab at 2012

AND oil and gas convention in town also shows how barry and goddamn democrats are keeping these prices going up....

jack rains...ex state official..also spoke the truth...
plan all along is get gas prices high enough so algore and other fucks can make MONEY MONEY MONEY MONEY MONEY.....

#52 | Posted by afkabl2 at 2012-02-23 03:35 PM | Reply | Flag:

kanrei

ALMOST well played...keep at it sonny boy...........

#53 | Posted by afkabl2 at 2012-02-23 03:36 PM | Reply | Flag:

keep at it sonny boy...........

#53 | Posted by afkabl2

She says that a lot.

#54 | Posted by kanrei at 2012-02-23 03:36 PM | Reply | Flag:

38: "My original questions still stand..." You wanna try to answer them, or are you gonna keep talkin' around the issue? (And I meant "Drill baby drill" as a metaphor for the entire solution that revolves around getting more oil here, not or not also seeking serious development of alternative energy and doing crazy things like cutting back.)

#55 | Posted by pragmatist at 2012-02-23 03:38 PM | Reply | Flag:

#49 | Posted by rstybeach11

Could you link it?
--------------
I didn't see it online, I just saw in the paper copy that someone put on my desk.

I'll look to see if I can find it.

#56 | Posted by 90c2cab at 2012-02-23 03:39 PM | Reply | Flag:

I GOT IT or at least something close..

www.chron.com

#57 | Posted by afkabl2 at 2012-02-23 03:41 PM | Reply | Flag:

#57 | POSTED BY AFKABL2

Gracias!

#58 | Posted by rstybeach11 at 2012-02-23 03:44 PM | Reply | Flag:

thats all I could find for now....

#59 | Posted by afkabl2 at 2012-02-23 03:45 PM | Reply | Flag:

#55 | Posted by pragmatist

38: "My original questions still stand..." You wanna try to answer them, or are you gonna keep talkin' around the issue? (And I meant "Drill baby drill" as a metaphor for the entire solution that revolves around getting more oil here, not or not also seeking serious development of alternative energy and doing crazy things like cutting back.)
-------------
There is not talking around the issue, we have a global demand for oil, and our oil/refining companies are held hostage by the government.

All I'm saying is that when you increase the supply or the demand of a product it affects the economic equation for supply and demand and oil is no different.

#60 | Posted by 90c2cab at 2012-02-23 03:48 PM | Reply | Flag:

JUST THIS AM...on local business section..

exec from exxon....talking about expansion of the panama canal...
CALIFORNIA CHRIS...your state will dry up even more..

something about how oil stuff from asia or thereabouts comes to long beach and then is shipped overland because thier transports cant fit in canal..but when canal is widened long beach I THINK IT WAS will become empty......

anyone else heard about this...

#61 | Posted by afkabl2 at 2012-02-23 03:57 PM | Reply | Flag:

#19 | Posted by pragmatist at 2012-02-23 03:10 PM | Reply | Flag:

It will at least have a benefit in the fact that we will know we are taking steps to become less dependent. The more dependent the speculators feel we are, the less speculation will fuel our gas price rising (pun intended).

#62 | Posted by ExpsRedemption at 2012-02-23 04:01 PM | Reply | Flag:

Here is link to one article, but not the one I cited above.

www.chron.com

#63 | Posted by 90c2cab at 2012-02-23 04:09 PM | Reply | Flag:

Here is an example of supply and demand.

fuelfix.com

#64 | Posted by 90c2cab at 2012-02-23 04:11 PM | Reply | Flag:

".$4 billion of your tax dollars subsidize the oil industry every year."

That's a gross underestimate. It doesn't include the cost of the US Navy, whose primary function is keeping shipping lanes open. It doesn't include highways, which create a market for oil, etc.

#65 | Posted by nullifidian at 2012-02-23 04:13 PM | Reply | Flag:

#63 | POSTED BY 90C2CAB

TY

#66 | Posted by rstybeach11 at 2012-02-23 04:16 PM | Reply | Flag:

60--Okay. Giving up again. Will I never learn? (And will you never learn to read.) No more from me until 902 decides to address the specific issue.
+++++

62--Steps to become less dependent should include serious investment in alternative energies. We didn't get to the moon by letting the "free market" take care of it. We didn't get the Internet by letting the "free market" take care of it. If we have the vision, we have to support it. (I am leaving out the entire environmental argument.) And yes, I know, those things weren't as directly needed as accessible gas is, but the point is, we the people need to give a shit about more than cheap gas.

#67 | Posted by pragmatist at 2012-02-23 04:17 PM | Reply | Flag:

#65 | POSTED BY NULLIFIDIAN

He's got to be referencing the actual, direct subsidies given to oil companies. What you listed in your post are indirectly associated.

#68 | Posted by rstybeach11 at 2012-02-23 04:18 PM | Reply | Flag:

#67 | Posted by pragmatist

we the people need to give a shit about more than cheap gas.
------
Tell that to the poor or the middle class who have a long drive to work. Tell that to the poor and middle class who have electric bills.
Tell that to the poor and the middle class who buy food.

I thought you liberals cared about the poor and the middle class.

#69 | Posted by 90c2cab at 2012-02-23 04:32 PM | Reply | Flag:

"Tell that to the poor or the middle class who have a long drive to work. Tell that to the poor and middle class who have electric bills.
Tell that to the poor and the middle class who buy food."

I am middle class, and I have all of those concerns. What, you thought I was a 1%er? : ) These two points (yours and mine) are not mutually exclusive. We care only about cheap gas, and we never get past the problem of fossil fuels. Short-term okay, long-term no change--we'll still be fucked.

#70 | Posted by pragmatist at 2012-02-23 04:40 PM | Reply | Flag:

Go to electric cars and use nuke energy for the supply. Part of the problem solved.

Oh, that's righ can't do that the government made nuke energy to expensive.

#71 | Posted by 90c2cab at 2012-02-23 04:44 PM | Reply | Flag:

62--Steps to become less dependent should include serious investment in alternative energies. We didn't get to the moon by letting the "free market" take care of it. We didn't get the Internet by letting the "free market" take care of it. If we have the vision, we have to support it. (I am leaving out the entire environmental argument.) And yes, I know, those things weren't as directly needed as accessible gas is, but the point is, we the people need to give a shit about more than cheap gas.

#67 | Posted by pragmatist at 2012-02-23 04:17 PM | Reply | Flag:

Sure we do, but if we really want to put real money into these other instances... that is dependent upon the country having money that can be taken by the government via tax in order to invest in other modes of energy.

If the gas keeps rising... people won't have money.

What has the government been doing with all the taxes it gets from gas to begin with? Wasn't that to start working on other options? So far it seems the other options aren't real options.

Should we not work on making what we do have as a real option cheaper while looking into other options?

#72 | Posted by ExpsRedemption at 2012-02-23 05:02 PM | Reply | Flag:

"Should we not work on making what we do have as a real option cheaper while looking into other options?"

Did I say otherwise?

#73 | Posted by pragmatist at 2012-02-23 06:30 PM | Reply | Flag:

Did I say otherwise?

#73 | Posted by pragmatist at 2012-02-23 06:30 PM | Reply | Flag:

Not yet. You do seem to be pretending that the knowledge of, and allowance to drill in country and construct the keystone pipeline will not have a positive effect on the gas price via speculation absorption.

#74 | Posted by ExpsRedemption at 2012-02-23 11:25 PM | Reply | Flag:

No president can control the price of gas, but every president can control the supply side from the domestic source.

Here are some examples on what the Obama administration is doing that affect the oil and gas industries.

U.S. monetary policy. Oil is traded in dollars, and its price therefore rises when the value of the dollar falls. The Federal Reserve throughout Mr. Obama's term has pursued the easiest monetary policy in modern times.

According to the Greater New Orleans Gulf Permits Index for January 31, over the previous three months the feds issued an average of three deep-water drilling permits a month compared to the historical average of seven. Over the same three months, the feds approved an average of 4.7 shallow-water permits a month, compared to the historical average of 14.7.

Approval of an offshore drilling plan now takes 92 days, 31 more than the historical average. And so far in 2012, an average of 23% of all drilling plans have been approved, compared to the average of 73.4%.

Last but not,least Keystone.

#75 | Posted by 90c2cab at 2012-02-24 06:05 AM | Reply | Flag:

.. if we drill now, how long before we see any of what we've drilled at the gas pump? How much goes to our own gas pumps anyway. Dr. Economy, perhaps you could explain all of this in ways that stupid people like President Obama can understand.

#13 | Posted by pragmatist

think of it this way ..
~ PEAK OIL theory IS accepted as SETTLED SCIENCE ~
~ sooo .. the sooner we can get ALL that shit out of the ground ..
.. the sooner we'll ALL be driving Chevy Volts,
.. the sooner we'll ALL have windmills on our roofs,
.. the sooner we can turn-around the "hockey-stick" warming graph - and begin cooling

this could also be illustrated with pics/stick figures for folks like AU, Danforth, & danni

~ drill .. baby .. drill ..

#76 | Posted by L_E_Light at 2012-02-24 06:48 AM | Reply | Flag:

Uh-huh. And if we drill now, how long before we see any of what we've drilled at the gas pump? How much goes to our own gas pumps anyway. Dr. Economy, perhaps you could explain all of this in ways that stupid people like President Obama can understand.

#13 | Posted by pragmatist

Imbecile, the mere promise of more supply is enough to move the markets down.

Obama is the worst energy President in U.S. history. No other President has achieved such high fuel price increases, in such a short time.

I thought he was smart; he didn't/doesn't know that China is growing (with oil, not algae by the way)?

Where is the Obama energy plan? What is the plan of the flimflam man?

#77 | Posted by BloodSacrafice at 2012-02-24 06:51 AM | Reply | Flag:

~ PEAK OIL theory IS accepted as SETTLED SCIENCE ~

#76 | Posted by L_E_Light

Oil is renewable. The consensus is wrong.

Just like how oil lubricates your car, it also lubricates the inner workings of our planet.

And it is made from seawater, dead sea-animals and plants; and time.

Billions of tons of plant and animal flesh deposit on the oceans floor everyday; and many years later, ends up as oil.

#78 | Posted by BloodSacrafice at 2012-02-24 08:00 AM | Reply | Flag:

"Not yet. You do seem to be pretending that the knowledge of, and allowance to drill in country and construct the keystone pipeline will not have a positive effect on the gas price via speculation absorption."

I don't know. I'm certainly suggesting that it's not as simple as "the law of supply and demand! the law of supply and demand! the law of supply and demand!" You seem to understand that and agree. I think I have been clear that I'm not claiming I have a solution. If it were as easy as some seem to think, why haven't we already arrived at the solution. And yes, part of me says that every time we open up new drilling or build a pipeline, we're pushing the real solution farther away. Have you noticed that every time gas prices drop back down (a bit), the general populace stops talking about needing to address the problem, and any slight discussion of alternates disappears? That's what I meant about short-term and long-term solutions. We need to consider both, and we need to keep the long-term discussion alive for extended periods of time.
+++++

76--Rhetoric aside, do you have anything to offer?
+++++

"Imbecile, the mere promise of more supply is enough to move the markets down."

But that is NOT what 902 was claiming. And why do you have to go to "imbecile." Ass. I ask specific questions about a specific argument; you take the argument in a different (though valid) direction, and then call me an imbecile. Mature.

Okay, so exactly how much are prices lowered (on average; throw around some data) by the mere promise of more supply? You understand this deeply, so share. Educate the uneducated. I understand that, oddly, promising to increase access to supply will, or might lower prices, but isn't that insane? And again, how much? I sorta figure this should be like a samurai drawing his sword or a cop pulling his gun--if you ain't gonna use it, don't whip it out.

And btw, I was not defending Obama. My sole direction here has been attacking the abovementioned oversimplified supply-demand insistence. And if you think I'm wrong, you might want to also take a stab at about seven other posters to this thread. Not that I mind attention, but I like to share the wealth.

#79 | Posted by pragmatist at 2012-02-24 08:21 AM | Reply | Flag:

"Billions of tons of plant and animal flesh deposit on the oceans floor everyday; and many MILLIONS OF years later, ends up as oil."

FTFY. "Renewable" doesn't mean "we'll have more in eons."

That said, LE was being sarcastic, spoofing what he thinks of as a "liberal voice."

#80 | Posted by pragmatist at 2012-02-24 08:23 AM | Reply | Flag:

I don't know. I'm certainly suggesting that it's not as simple as "the law of supply and demand! the law of supply and demand! the law of supply and demand!" You seem to understand that and agree. I think I have been clear that I'm not claiming I have a solution. If it were as easy as some seem to think, why haven't we already arrived at the solution. And yes, part of me says that every time we open up new drilling or build a pipeline, we're pushing the real solution farther away. Have you noticed that every time gas prices drop back down (a bit), the general populace stops talking about needing to address the problem, and any slight discussion of alternates disappears? That's what I meant about short-term and long-term solutions. We need to consider both, and we need to keep the long-term discussion alive for extended periods of time.

#80 | Posted by pragmatist at 2012-02-24 08:23 AM | Reply | Flag:

I agree with needing to keep the long term solutions in the limelight, but I also think we need to continue with what we currently have as well. It is foolish to cease what we have in hopes of finding what we don't have.

It just doesn't make sense.

#81 | Posted by ExpsRedemption at 2012-02-24 09:01 AM | Reply | Flag:

No other President has achieved such high fuel price increases, in such a short time.

#77 | Posted by BloodSacrafice

Somebody has yet to rationally explain to me how the President of the United States controls the price of a barrel of oil worldwide, Brent, OPEC, whatever.

Can you explain then 'cause you obviously seem to know.

Was it the fault of Obama that speculation drove oil prices to $145/barrel in 2008? Oh wait, wasn't Bush in the command chair during that time? So it was Bush's fault, right?

So is it O's "achievement" that across Europe, they are paying 1.4 to almost 1.8 Euros per liter? That's almost $10 a gallon to you and me at the high end.

Perhaps we should elect a Chavez type. In Venezuela, Juan and Juanita Paquete de Seis are paying only 12 or 14 cents (!!!!!) a gallon. Bet you'd luv that to death, eh?

#82 | Posted by ZOT at 2012-02-24 09:16 AM | Reply | Flag:

"I agree with needing to keep the long term solutions in the limelight, but I also think we need to continue with what we currently have as well. It is foolish to cease what we have in hopes of finding what we don't have."

Is anyone seriously suggesting we stop using oil cold turkey? I missed that memo. : ) Listen, I drive a gas-burning car. Economically, I have no choice--I can't afford anything but. Practically, I have no choice--I have to drive to work because it's too far to walk. (I suppose I could bike it in late spring and early fall if I got up really early, didn't care about sweat, and was willing to see even less of my family than I do now.) I'm not suggesting it's feasible for everyone (or even many) to stop driving. I'm suggesting that we need to always keep the big picture in mind, and we need to balance cost concerns with other concerns. The main problem in this debate is that few people on both sides are talking about multiple options, but instead spend most of their time pooh-poohing the other side's ideas, rejecting out of hand and demeaning those who don't agree with them. In this regard, I think we on DR are a pretty good microcosm of the larger population.

On a related note, part of use of resources is management of resources. Americans seem to be bad at both. Much of what we qualify as "need" when it comes to driving is in fact "desire." For instance, I could probably carpool with someone at least more often than I do (which is currently never). There's one person at my school who passes my house (or near enough to it) every day on the way to work. I could probably try to mesh our schedules, adjust, and thereby save us both money and impact on environment. But that's too hard and interferes with my pleasure (riding alone, listening to stories or the news), and I don't like the person and don't want to expose myself to that person's negativity. So is my decision about "need" or about "desire"? Am I making a wise choice? Now think about the millions in, say, Los Angeles, who could in fact take public transport or carpool and be much less frustrated with their commutes. But maybe their reasons are similar to mine? I don't know, but I'm willing to admit that I too am bad at management of resources in this regard. That doesn't mean I can't and we shouldn't talk about what we can and should do better in this realm. (That was a bit of a rant, even for me. Apologies. I'm not motivated right now to go back and edit it down or focus it better. Plus, leaving it open for posters to attack me is more fun. Have at.)

#83 | Posted by pragmatist at 2012-02-24 09:19 AM | Reply | Flag:

"In 2010, our dependence on foreign oil was under 50% for the first time in over a decade. We were less relient on foreign oil than we had been. In 2011, the United States relied less on foreign oil than in any of the last 16 years. That's the good news. And because of investments we have made, the use of clean, renewable energy has almost doubled, and thousands of American jobs created as a consequence." -- President Obama"
#2 | Posted by rstybeach11

Obama doesn't mention the main reason for the "under 50%" figure is gas is so expensive that consumption has dropped dramatically and has dwarfed any reduction in oil imports. The reductions in imports is directly linked to the drop in consumption.

#84 | Posted by KBM at 2012-02-24 09:53 AM | Reply | Flag:

#83 | Posted by pragmatist at 2012-02-24 09:19 AM | Reply | Flag:

1. I won't be attacking
2. We need to continue WISELY looking into alternatives
3. While we look into alternatives we need to continue looking into what works and what we have as well.
4. Most people don't take necessary and beneficial steps because they prefer pleasure over what is probably best for them and others.

I think you hit quite a few points. Although it is important to remember that the very people who are not doing anything different are the ones trying to make other people do something different.

It should start with the people who want to do it and supposedly believe in it. Be the example.

#85 | Posted by ExpsRedemption at 2012-02-24 10:08 AM | Reply | Flag:

Anyone besides me NOT surprised that the otherwise reliably argumentative Danni has completely avoided this thread because she's a hypocrite?

#86 | Posted by MUSTANG at 2012-02-24 11:02 AM | Reply | Flag:

So is not drilling an energy plan?

#87 | Posted by BloodSacrafice at 2012-02-24 11:10 AM | Reply | Flag:

"1. I won't be attacking"

Good! You usually don't attack me. ; )

"2. We need to continue WISELY looking into alternatives"

Agreed. The problem is in finding consensus on what WISELY means.

"3. While we look into alternatives we need to continue looking into what works and what we have as well."

Agreed. Again, the difference is in how to look into those things and which, on balance, are more valuable than damaging. For instance, from what I've read and heard (admittedly not enough), drilling in ANWR is not more valuable than it is damaging. And fracking continues to be extremely controversial.

"4. Most people don't take necessary and beneficial steps because they prefer pleasure over what is probably best for them and others."

Agreed. And not limited to conservative or liberal. It's a human behavior.

"I think you hit quite a few points. Although it is important to remember that the very people who are not doing anything different are the ones trying to make other people do something different."

Sometimes. And sometimes not. You needed a qualifier in there. : )

"It should start with the people who want to do it and supposedly believe in it. Be the example."

I am (small car, reasonable MPG, walk when I can, keep temp low even in winter, minimize AC use in summer, etc.). But I don't think that was really aimed at me. I expect your frustration is with VIP types who appear or are hypocritical. I also think that we as a nation need someone to lead us into actual personal responsibility--or rather, that it sure would help. (The education argument relates here, but I won't take the time to open that can of worms. : ) )

#88 | Posted by pragmatist at 2012-02-24 11:23 AM | Reply | Flag:

But I don't think that was really aimed at me. I expect your frustration is with VIP types who appear or are hypocritical. I also think that we as a nation need someone to lead us into actual personal responsibility--or rather, that it sure would help. (The education argument relates here, but I won't take the time to open that can of worms. : ) )

#88 | Posted by pragmatist at 2012-02-24 11:23 AM | Reply | Flag:

Correct. It was far more general in scope than you specifically.

I think you are also correct in that we need someone to lead us. I think that no bills in Congress should be accepted unless those that propose and pass them live in accordance to them BEFORE they are passed.

I also think that the President should be an example of the things he advocates.

We have been lacking in those two things for quite some time in this country.

Thankfully, I have not had to turn on the heat at all this winter.

#89 | Posted by ExpsRedemption at 2012-02-24 11:28 AM | Reply | Flag:

"Thankfully, I have not had to turn on the heat at all this winter."

Wow. Where do you live?

Up here in New England, we've had a very mild winter. I've had the tank filled twice--the first time was only about half; this time (just now) was about the whole thing. But it looks like we'll use a little more than half as much oil as we used last winter.

Viva la MMGW! : )

#90 | Posted by pragmatist at 2012-02-24 12:33 PM | Reply | Flag:

"I also think that the President should be an example of the things he advocates. "

And vice versa. How come President Bush didn't advocate for environmental policy in line with practices down at the ranch (major use of gray water comes to mind)? I guess it's about legislation and the proper role thereof. (I'm being generous.) I'm not trying to deflect; it's an honest question.

But in general, it would be great to have people more of us can look up to, on more than ideology or maybe even regardless of ideology, in positions of power.

As for bills in Congress, that's interesting. I'd also like to see single-issue voting. If, say, it's about defense, then don't put in riders about social issues. (No, I don't have link.)

#91 | Posted by pragmatist at 2012-02-24 12:37 PM | Reply | Flag:

In 2010, we relied less on foreign oil flows because of investments made three years and more prior. Zero really is stupid, if he believes that energy companies can permit for, explore for, drill for, and get oil and gas out of the ground in the year and half he pretends his administration was instrumental in making this happen.

No, these higher gas prices are because of his Treasury Department and his Fed Chairman annihilating the value of the dollar. They want higher stock prices, so they'll pay for them not with sound economic policy, but with inflation.

He really is the most stupid president we've ever had. A total dumbass.

#92 | Posted by rightisright at 2012-02-24 01:35 PM | Reply | Flag:

And vice versa. How come President Bush didn't advocate for environmental policy in line with practices down at the ranch (major use of gray water comes to mind)? I guess it's about legislation and the proper role thereof. (I'm being generous.) I'm not trying to deflect; it's an honest question.
#91 | Posted by pragmatist at 2012-02-24 12:37 PM | Reply | Flag:

I would say that the nice versa is not necessary. It is one thing to try to make people do what you don't even do yourself. It is quite another to simply not make other people do the same things you do.

#93 | Posted by ExpsRedemption at 2012-02-24 01:50 PM | Reply | Flag:

What should the price of oil be if left to conventional supply and demand market fundamentals? Canada's the largest supplier of imported oil to the United States, which now actually produces more than half of the oil it consumes. Production and delivery costs for a barrel of oil from Canada are about $75 a barrel. The market-fundamentals cost for a barrel of oil is in that ballpark; above that, speculation sets the prices.

www.mcclatchydc.com
=====================

If energy independence is a security issue should oil be removed from the speculation markets.

#94 | Posted by JJR at 2012-02-24 02:07 PM | Reply | Flag:

Y'all claim high gas prices are not Obama's fault.

But if prices were lower instead, you'd all be claiming it was his fault.

Get you see what a partisan hacks you all are? No, you're blind to that too.

#95 | Posted by BloodSacrafice at 2012-02-24 03:22 PM | Reply | Flag:

If energy independence is a security issue should oil be removed from the speculation markets.

#94 | Posted by JJR

Just one, set Government price? Unlike the "speculation" markets, which airlines and transportation companies use, a set Government price will only move in one direction.

Do you know which way is up?

#96 | Posted by BloodSacrafice at 2012-02-24 03:25 PM | Reply | Flag:

Anyone besides me NOT surprised that the otherwise reliably argumentative Danni has completely avoided this thread because she's a hypocrite?

#86 | Posted by MUSTANG

Danni does not even qualify as a hypocrite. They're far more intellectually honest than she is.

I've see very few posters who actually contradict themselves within the same, normally 2 sentence long, retorts. Danni does that regularly.

But its not hypocritical. It's plain old dishonesty derived from a black as night heart.

#97 | Posted by BloodSacrafice at 2012-02-24 03:28 PM | Reply | Flag:

Price fixing leads to scarcity and the black market.

#98 | Posted by SHEEPLESHEPERD at 2012-02-24 03:28 PM | Reply | Flag:

Unlike the "speculation" markets, which airlines and transportation companies use
#96 | Posted by BloodSacrafice
==========

If it was only the producer and consumers

Historically, financial speculators accounted for about 30 percent of oil trading in commodity markets, while producers and end users made up about 70 percent. Today it's almost the reverse.

A McClatchy review of the latest Commitment of Traders report from the Commodity Futures Trading Commission, which regulates oil trading, shows that producers and merchants made up just 36 percent of all contracts traded in the week ending Feb. 14.

That same week, open interest, or the total outstanding oil contracts for next-month delivery of 1,000 barrels of oil (about 42,000 gallons), stood near an all-time high above 1.486 million. Speculators who'll never take delivery of oil made up 64 percent of the market.
--------------

This is up

#99 | Posted by JJR at 2012-02-24 05:28 PM | Reply | Flag:

First of all, Obama has no problem with high gas prices, only that they become high on a more gradual basis.
Second, he said "If we're going to take control of our energy future, blah blah blah, then we need a sustained all of the above strategy that develops every available source of American energy--oil, gas, wind, solar, etc." THAT is what George Bush used to say, McCain ran on in 2008, etc. LOL! This guy has the biggest forked tongue that modern man has ever seen before.

#100 | Posted by patriotwoman23 at 2012-02-24 07:35 PM | Reply | Flag:

/K, off to play Skyrim now.

There's a sodomy joke in there somewhere...

Obama knows NOTHING about oil and gas nor economic supply and demand. IF we drill more oil we import less. It's a pretty fucking simple concept my 8 year can even understand.

November can't come too soon...

#101 | Posted by Beachbuzz at 2012-02-24 07:45 PM | Reply | Flag:

But if prices were lower instead, you'd all be claiming it was his fault.

No. But the MSM would be sucking his dick like Celsery in a bathhouse.

#102 | Posted by Beachbuzz at 2012-02-24 07:48 PM | Reply | Flag:

You right dumb ass, since you have so screwed up the country so much its now a survival policy.

And you had nothing to do with destabilizing the Middle East did you Mr. O.
Do you really think we believe you, do you think we are ALL libtards and not capable of individual thought ?

Gas was a $1.86 per Gal. when you took office... dumb ass.

Its $4.00 now......dumb ass.

But using our own resources is not the answer right...... dumb ass.

What source of energy/fuel can you bring on line in the next 10 years that will replace oil.....dumb ass.

Other nations are growing, because they don't have you.....dumb ass.

So they will use the oil we don't..... dumb ass.

Which will make the price of oil go up......dumb ass.

They will not stop using oil, because they are not stupid.....dumb ass.

They will use the oil to put America out of business....dumb ass.

You breath the same air as they are polluting.....dumb ass.

A strong economy from oil will help us find other energy sources to replace oil, but first we need to have a strong economy.....dumb ass.

......NOPE IN NOVEMBER.....dumb ass......

#103 | Posted by MENSAKOOK at 2012-02-24 08:52 PM | Reply | Flag:

MensturalKramps,

The reason gas is expensive is because of all those jobs your heroes shipped overseas made millions of Indians and Chinese workers wealthy enough to purchase automobiles and THEY NOW BUY GASOLINE. In LARGE QUANTITIES.

Now go back to sucking on your tampon.

#104 | Posted by axe at 2012-02-24 08:56 PM | Reply | Flag:

How dare those Indians and Chinese wanting to become middle class. That's only an American right.

#105 | Posted by BloodSacrafice at 2012-02-24 09:17 PM | Reply | Flag:

MensturalKramps,

The reason gas is expensive is because of all those jobs your heroes shipped overseas made millions of Indians and Chinese workers wealthy enough to purchase automobiles and THEY NOW BUY GASOLINE. In LARGE QUANTITIES.

Now go back to sucking on your tampon.

#104 | Posted by axe

You think somebody sent Americas jobs to other countries ?

How about the unions and Govt. regulations DROVE jobs to other countries.

A friend of mine who lives in Jersey was in his teens in the 70's.
He tells me that there were two Auto. Mfg. plants one Ford and one G.M. with in a 20 Min. ride of his house, both of those huge facilities are vacant lots now, everything is gone as are ALL of the business's that survived from those plants.

Wake up to the union scam, the guy who screwed in the over head light in your car is NOT entitled to a $75,000 year job plus benefits.

That's a minimum wage job as are most of the assembly station jobs in a auto plant.

That's why the Auto Business went bust.

If you want to be paid well don't get a job that's one step above a trained monkey......dumb ass.

.....NOPE IN NOVEMBER.....

#106 | Posted by MENSAKOOK at 2012-02-24 09:24 PM | Reply | Flag:

MenstrualKramps,

I see that you are new to this whole 'debate' thing.

I made a statement. You are supposed to either refute it or go away with your tail between your little hind legs and crawl back under your mommy's porch.

You aren't supposed to go off on some completely different Rovian talking point completely unrelated to the price of gasoline.

Remember the original point of this thread?

Hello...

Hello, hello...........anyone home??????????

#107 | Posted by axe at 2012-02-24 09:29 PM | Reply | Flag:

obama has not energy plan either - just a vague 'wish list'. I would love for him to present an actual plan. Maybe the useless DOE could assist him.

#108 | Posted by MSgt at 2012-02-24 09:33 PM | Reply | Flag:

Do you not understand the correlation between the cost of energy and the economy that coupled with the cost of compliance and labor cost are the main driving (Pun intended) in Manufacturing, i.e. jobs.

For there to be a service industry (The maintenance and repair of things)you first have to make things.

For there to be new technology there first has to be old technology.

For there to be a sound economy there first needS to be sound economic strategy to grow that economy.

For any of the above to happen the population of any give country or civilization need to have the ability and education to make the proper choices and understand the process that brings wealth and prosperity to the people.

Something you have demonstrated you clearly do not.

Hello, hello.....anyone home ?.....NOPE....IN NOVEMBER....real dumb ass.

#109 | Posted by MENSAKOOK at 2012-02-24 09:54 PM | Reply | Flag:

The sound you hear is MensturalKramps chewing on his squeaky toy under the doublewide.

#110 | Posted by axe at 2012-02-24 09:56 PM | Reply | Flag:

Turn around three times and lick your balls for us, MensturalKramps?

#111 | Posted by axe at 2012-02-24 09:57 PM | Reply | Flag:

Speaking of balls, you seem quite unaware that you have been kicked in them.

......NOPE IN NOVEMBER....

#112 | Posted by MENSAKOOK at 2012-02-24 10:30 PM | Reply | Flag:

The sound that most of us on this thread hear is Axe's inability to debate the issue, state facts, and name call. THE LIBERAL MANTRA AD NAUSEUM.

#113 | Posted by patriotwoman23 at 2012-02-24 11:10 PM | Reply | Flag:

Everything he has pushed has turned out be a massive boon-doogle,as for the pond scum idea you probably might make fuel out of it but what would it cost per gallon.In Ga they were going to make ethynol from Bio_mass,cost the state $80,000,000,went bankrupt.

#114 | Posted by upyours7 at 2012-02-25 12:27 AM | Reply | Flag:

Obama knows NOTHING about oil and gas nor economic supply and demand. IF we drill more oil we import less. It's a pretty fucking simple concept my 8 year can even understand.
November can't come too soon...
#101 | Posted by Beachbuzz
=================

You may not want to blame BO for these numbers

The number of rotary rigs drilling for oil was up 9 at 1,272 for the week of February 17, 2012. There are 474 more rigs targeting oil than last year. Rigs drilling for oil represent 63.8% percent of all drilling activity which is the highest percentage since 1998.

Year-over-year oil exploration in the U.S. is up 59.4 percent.

International rig count, which excludes the US and Canada, decreased 9 to 1,171 for the month of January 2012 and is 10 rigs (0.9%) above last year's 1,161 rigs.
===================

The US has more wells drilling for oil than the rest of the world combined excluding Canada ( 705 )
===================

Number of drilling rigs in U.S. oil fields has QUADRUPLED under Obama and domestic oil production hit an 8-year HIGH in 2011.

United States has actually become a net exporter of gasoline, unable to consume all that it makes.

#115 | Posted by JJR at 2012-02-25 01:56 AM | Reply | Flag:

The present US model is not supply and demand for oil it is speculation

#116 | Posted by JJR at 2012-02-25 02:20 AM | Reply | Flag:

ANOTHER dr thread on oil. This one about the futility of drilling for more.

That's priceless. WANNA KNOW WHY WE DON'T HAVE MORE, ASK HIM!!

GW D Cheney Haliburton

#117 | Posted by DavetheWave at 2012-02-25 07:47 AM | Reply | Flag:

Obama's a fucking stooge. Hos speech is wrong on so many levels, yet the dr left sucks his ass like he's genius!

#118 | Posted by DavetheWave at 2012-02-25 07:48 AM | Reply | Flag:

United States has actually become a net exporter of gasoline, unable to consume all that it makes.

#115 | Posted by JJR

Sir, you are a fool if you believe that.

Try finding the " AT THE PUMP PRICE " in say Saudi Arabia.
See if you can get past the Google filter.
They are a lot of stories of how its not Obama's fault.

But not the answer to:

"What is the pump price for Gasoline in Saudi Arabia"

Even asking the same question multiple ways.

Now YOU need to ask yourself how would asking that question
wind up going any where near Obama in the response.

The Democrats KNOW your stupid and believe all they say to you with out question.

......NOPE IN NOVEMBER......

#119 | Posted by MENSAKOOK at 2012-02-25 09:17 AM | Reply | Flag:

Try finding the " AT THE PUMP PRICE " in say Saudi Arabia.
See if you can get past the Google filter.
They are a lot of stories of how its not Obama's fault.

#119 | Posted by MENSAKOOK at 2012-02-25 09:17 AM

It's funny, but I found the answer (Ninety-one-cents per gallon) immediately when I Googled it.

The last time I looked, the Saudi government subsidized such prices to their people, much like Venezuela.

Want to support gas subsidies? Nah. You'd rather make shit up.

#120 | Posted by Zed at 2012-02-25 09:40 AM | Reply | Flag:

I thought I'd test that awful filter once again. I immediately found current Saudi gas prices listed at less than forty-eight cents per liter.

That's one impressive world-wide conspiracy you've identified there, MENSAKOOK. I, for one, am concerned.

#121 | Posted by Zed at 2012-02-25 09:52 AM | Reply | Flag:

93--Granted, but it sure is a contradiction.
+++++

You know what I love about these conversations? None of us really knows any better than the president (be he Obama or Bush) about how all this stuff works. Certainly, none of us here is presenting a plan, just pissing and moaning or going, "Yeah, cool." But surely, most of us are ready to criticize and debate (a term used VERY loosely to describe activity on the DR) anyway.

#122 | Posted by pragmatist at 2012-02-25 09:55 AM | Reply | Flag:

"That's one impressive world-wide conspiracy you've identified there, MENSAKOOK. I, for one, am concerned."

Wasn't that great. I'm pretty sure our resident mensidiot suggested that the US gov't has a large fliter on Google. I wonder what he thinks about the toppling of the big Saddam statue, that action by random Iraqi citizens...

#123 | Posted by pragmatist at 2012-02-25 09:57 AM | Reply | Flag:

Ya know... I seem to remember Clinton saying they didn't want to increase drilling because it would "take 10 years for anything to come of it" and then 10 years later we were in a situation where we needed more oil.

Our oil refineries are out dated and we get conflicting reports about wtf is actually going on with oil. To say that producing more oil in this country is not a real option is just turning a blind eye to history. Had we ramped up oil production years ago.... where would we be now?

How the hell can we still be sucking off the tit of the middle east for oil. The shit is everywhere. There's a huge oil boom happening in N Dakota now... why the hell aren't we ripping as much of it out of the ground as we can?

Because you wanna be green? Great... except that all the tree huggers can do is talk. They have no really viable plans to make oil go away. Batteries are stuck where they are right now so electric cars are only short distance options. What else? Oh.... there's nothing else.

I'm all for green energy, personally, but until there are viable options for us, oil should be getting sucked up from here rather than letting everyone else get rich off it.

#124 | Posted by captjimmyjames at 2012-02-25 10:07 AM | Reply | Flag:

"Had we ramped up oil production years ago.... where would we be now? "

Out of oil? Environment destroyed? I don't know, but it's not as simple as you seem to imply. I don't know enough to make serious arguments and counterproposals; I do know enough to see that there is no consensus (scientifically) out there on how bad modern oil-extraction methods might be for our world, what the unintended consequences might be, etc.

I also find it intriguing that someone upthread posted that various aspects of oil production are up under the Obama administration. It seems as usual that some facts are being ignored.

#125 | Posted by pragmatist at 2012-02-25 10:22 AM | Reply | Flag:

The president and the White House haven't been shy about claiming credit for doing everything possible to keep gasoline prices low.

As White House spokesman Jay Carney said this week "Oil and gas production in the United States has risen every year since the president's been in office. Oil production is now higher than it's been in eight years."

Industry analysts say production is rising -- not because of President Obama, but in spite of him.

"Today on federal land, the area where the president has control, production in the Gulf of Mexico is down 30 percent. Lease sales in Rocky Mountains on federal lands are down 70 percent," Jack Gerard, head of the American Petroleum Institute said.

He says the president has put 85 percent of the outer continental shelf off limits and overall, is only making 3 percent of the areas under his control available for development.

Read more: www.foxnews.com

#126 | Posted by patriotwoman23 at 2012-02-25 10:49 AM | Reply | Flag:

production in the Gulf of Mexico is down 30 percent.

#126 | Posted by patriotwoman23 at 2012-02-25 10:49 AM | Reply | Flag:

Gee. I wonder if Florida is going to stop following the likes of Jeb Bush and permit production off the coast of Florida? They HAD been worried about Florida tourism, those silly-willies.

No need to respond, PATRIOTWOMAN. That stupid paranoid hole is big enough to fit both you and MENSAKOOK. Go to sleep after you've finished having your fit.

#127 | Posted by Zed at 2012-02-25 10:58 AM | Reply | Flag:

Leaf... You may be right. We could be facing major catastrophe if we drill more oil. I don't like the potential for disaster any more than you do. But all we hear from these guys is "No.". No oil. No coal. No nuke. No other options either. They won't go build a wind farm on the rockies....which is a huge money maker BTW. Wind turbines only have to be 40% operational to be making money.

So my question is....when will the dem party become the party of yes when it comes to energy? Not just oil....not just explosive motors....but everything? It's going to take every type of alternative to replace the stuff people dont like.

#128 | Posted by captjimmyjames at 2012-02-25 11:05 AM | Reply | Flag:

barry and his minions tell us production is all time high...

eia reports that federal land production is down 30%..

FUCKIN liar..

also reports barry has closed 80% of the continental shelf..

FUCKIN LIAR

LIBS TELL US takes YEARS TO PRODUCE SO WHY DRILL

OBAMA BLASTS BUSH for starting production in 07 or 06...NOW he takes credit for production coming from those places

FUCKIN LIAR....

#129 | Posted by afkabl2 at 2012-02-25 11:30 AM | Reply | Flag:

YES call on us to seccede..

www.eia.gov

notice #1 on oil production

and then you punks can FREEZE in the fuckin dark...

#130 | Posted by afkabl2 at 2012-02-25 11:32 AM | Reply | Flag:

HAVE FUN being slaves riding your bikes and little volts that go 25 miles on a charge..

www.eia.gov

#131 | Posted by afkabl2 at 2012-02-25 11:34 AM | Reply | Flag:

#123 | Posted by pragmatist at 2012-02-25 09:57 AM | Reply | Flag:

In regard to the not turning the heat on at all this winter... I life in Pennsylvania

In regard to your #123, sure, I also find it interesting that the President has criticized the Republicans by saying "saying one plan is no good is not a plan".

Which is funny because here is Obama saying "drilling is not an energy plan" and yet... he is not offering a comprehensive and functional energy plan either. No plan for addressing the gas prices in a realistic way.

Again. You do not have to force other people to do what you are doing... but you damn well better be doing things that you are going to force other people to do.

#132 | Posted by ExpsRedemption at 2012-02-25 12:33 PM | Reply | Flag:

Try finding the " AT THE PUMP PRICE " in say Saudi Arabia.
See if you can get past the Google filter.
They are a lot of stories of how its not Obama's fault.

#119 | Posted by MENSAKOOK at 2012-02-25 09:17 AM

It's funny, but I found the answer (Ninety-one-cents per gallon) immediately when I Googled it.

The last time I looked, the Saudi government subsidized such prices to their people, much like Venezuela.

Want to support gas subsidies? Nah. You'd rather make shit up.

#120 | Posted by Zed at 2012-02-25 09:40 AM | Reply | Flag: Flag: (Choose)
FunnyNewsworthyOffensiveAbusiv
e

I thought I'd test that awful filter once again. I immediately found current Saudi gas prices listed at less than forty-eight cents per liter.

That's one impressive world-wide conspiracy you've identified there, MENSAKOOK. I, for one, am concerned.

#121 | Posted by Zed

Thank you for your research..I didn't have the time.

You seemed to miss the fact that you have 2 prices that are 43 cents apart in less then 12 Minutes.
1 is 91 cents the other is 48 cents which ever is the right one is not relative.
But they are both less than 1/4 the price we pay for Gas.

The price is the point, they have their own oil and can sell it at any price they wish, one price to themselves and one price to the rest of the world.

Since you mentioned the government subsidized gas price like Venezuela I thought it would be a good time to bring two things to your attention.
1 being, you have to have the oil first (Get it out of the ground first).
And 2, Saudi as in Saudi Arabia, is a sire name (A families last name).

The 2 Govt. work a bit differently.
Both forms would be fine with the left, but not the rest of us.

Please just two more questions from my poor dumb ass.

How much of the Gallon price of Gas is tax.
And how does taxing the oil Companies lower gas prices, I mean exactly how does that work.

....NOPE IN NOVEMBER....

#133 | Posted by MENSAKOOK at 2012-02-25 03:02 PM | Reply | Flag:

Mensturalkramps once again proves he is just another "D" student eighth grade dropout.

Fucking moron didn't know the difference between gallon and liter. (Probably never heard of the metric system since it is illegal in Bumfuck, Alabama where his step-mom parks their singlewide.)

#134 | Posted by axe at 2012-02-25 03:15 PM | Reply | Flag:

Anyone want to bet MenstralKramps is just Eddie with a new userid? Same high quality level of utter stupid.

#135 | Posted by axe at 2012-02-25 03:17 PM | Reply | Flag:

"Thank you for your research..I didn't have the time."

That's Mr. 44% for you...it took him longer to type that sentence than for folks to find the answer.

#136 | Posted by Danforth at 2012-02-25 03:39 PM | Reply | Flag:

At least more drilling would definitely/WILL bring more oil [energy] on line whereas, more money poured into more Solyndras only MIGHT bring some 'energy' on line. So, yes more drilling is an energy plan.

#137 | Posted by MSgt at 2012-02-25 04:41 PM | Reply | Flag:

" It's going to take every type of alternative to replace the stuff people dont like."

I'd say it's more than that: We need to deliberately explore every type of alternative and some we haven't figured out yet, play with them for a little while, then bring new things to market.

But I'm confused about the production argument now: Overall, production is up, but in areas over which the President has control, production is down? That's bad why? Are we talking about federally protected lands here, such as parks? Or something more broad?

Here's the thing: energy is about national security. Education may be as well, but that's another story.

#138 | Posted by pragmatist at 2012-02-25 04:47 PM | Reply | Flag:

You seemed to miss the fact that you have 2 prices that are 43 cents apart in less then 12 Minutes.

133 | Posted by MENSAKOOK at

Didn't miss anything, actually. Prices for gas, er, change in Saudi according to specific date. Just like in this country. For all the world like people live there.

Beyond that, one figure was a list of figures provided by CNN and the other was a price map (giving average range only) provided by Natrional Geographic, I think. And one price was in metric and the other was not.

No need to thank me for doing your research for you. I knew you weren't going to do it. I also knew you wouldn't trust anything that contradicted your paranoia. That's why it's paranoia.

Go back to being very afraid of that Google filter. It knows where you are now.

#139 | Posted by Zed at 2012-02-25 05:11 PM | Reply | Flag:

Obama is right as usual. But he is a man of many words and little action. Compromising with fanatical conservatives makes as much sense as commoners negotiating with tyrants. Compromise is never a results driven policy.

#140 | Posted by nutcase at 2012-02-25 05:56 PM | Reply | Flag:

Is he nut, even when he contradicts himself. Lest you forget.....

Obama's offshore drilling plan seen as a political olive branch
The president announces the controversial proposal, which the administration sees as a way to garner support from conservatives for clean energy and climate change legislation.
March 31, 2010|By Jim Tankersley and Richard Simon

Reporting from Washington â€" President Obama, after delaying and deliberating for a year, unveiled a controversial offshore drilling plan Wednesday.......

#141 | Posted by DavetheWave at 2012-02-25 06:08 PM | Reply | Flag:

Drilling is at an all time high. So are oil prices. Consumption is down nationally so to keep prices high, exports are at an all time high. Thus the drilling serves no national purpose, only corporate interests.

#142 | Posted by nutcase at 2012-02-25 06:29 PM | Reply | Flag:

Drilling on state lands is, which the feds have no say over. Permits for Fed areas is dropping like a rock. Thanks to bho. And his plan to increase taxes on oil companies will only drive process higher. Oil companies pay some of the highest tax rates on the country yet he has geitner pretending and lying just the opposite....but that's ok because the left believe what their leaders say irregardless of common sense

#143 | Posted by DavetheWave at 2012-02-25 07:24 PM | Reply | Flag:

Additionally Obama himself said it takes 10 yrs to bring a well online. So any current levels have zero to do with him. Thank George Bush. As Obama said in 2008 current prices ate because of a failure in leadership

#144 | Posted by DavetheWave at 2012-02-25 07:27 PM | Reply | Flag:

Are we talking about federally protected lands here, such as parks? Or something more broad?
#138 | Posted by pragmatist
.. something more "broad" may be an understatement ..
~ Feds own/control 30% of ALL land west of Mississippi River

#145 | Posted by L_E_Light at 2012-02-25 07:36 PM | Reply | Flag:

davethewave,

Do you think you're making sense instead of spewing hatred? The point is drilling in excess of demand serves no national purpose, only corporate interests. The current price point proves this. Domestic consumption is down, yet prices are up. Export is not the only reason. Market manipulation by the motherfuckers that sucked $16.1 trillion out of the public coffers is another reason. Demand is not a reason.
Another reason is fear of another unnecessary war, this time with Iran. This reason is a figment of the evangelical conservative mind (NEOCONS included). Iran isn't a threat to anyone. If we stopped threatening them daily, they wouldn't need a nuclear weapon. But given the conservative rhetoric they'd be crazy not to work overtime to defend themselves. The notion that "liberal policy" has raised prices is laughable. Clinton's secret criminal staff, the motherfuckers that deleted the Gulf drilling provision that would kick in royalties at break even, belong in prison. But the effect of that should be to lower prices. Its just good policy to try to put in place rules which will reduce the risk of another BP disaster. That was not an accident. The seal ended up in pieces on the drilling deck two days before the blowout. The problem was reported to management and the crew was ordered to continue drilling. The motherfuckers that put the drilling budget before safety belong in prison for murdering their employees. The destruction of that environment has been grossly underestimated, by collusion between BP and the Coast Guard.

#146 | Posted by nutcase at 2012-02-25 08:30 PM | Reply | Flag:

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