gas prices rises, but you wouldn't know...

#26
#26
lawgator1 said:
That was not the question, nor was that in context my answer. The main difference is the linkage between the oil industry and the Bush administration. Recall Cheney's secret meetings with oil execs to map out policy.

The price hike during the Bush administration seemed to come out of nowhere. It was driven by speculation about oil prices and the increased growth of China and India. The price hike now is due primarily to the unrest in the ME.

The first is profit taking by oil traders in an industry closely connected to the administration. The second is something we can only affect very indirectly.
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So the press was correct to attribute rising oil prices to the Bush administration because he had ties to oil but is equally correct in making no attributions re: Obama?

Even when you say the root cause for price increases is the same in both instances?
 
#29
#29
Anyone seen or heard a peep out of that wonderful lady Nancy Pelosi talking about how she is going to lower the gas prices for us again?
 
#30
#30
I just wish we could get a bunch of people up on the Hill who have no agenda, no one in their pockets, who actually want to fix the debt and oil prices, and jobs, and get this thing rolling. Could care less if they are left or right.

I also think we need to untap Alaska and say we will provide all the oil we need here for the next 50 years and in that time take the money we are making off our own production and place alot of it into research for other fuel options. Give ourselves a 50-75 year window. We could create alot of jobs and alot of internal income if we'd drill and pipe and refine our own oil.
 
#31
#31
Jet Owned In Texas Impounded In Africa For Smuggling Gold - Texas News Story - KTXS Abilene

The company is owned by a Houston oil tycoon Kase Lawal, an appointee of President Barack Obama to the Advisory Committee for Trade Policy and Negotiation.

The jet's passengers and crews have been detained since Feb. 3, when the jet was seized before leaving the airport in Goma, on Congo's eastern border with Rwanda.

Congolese officials say the plane was loaded without about $20 million in gold...........
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Would this have been a major scandal during the Bush administration??

obamascum.jpg
 
#32
#32
NEOCON said:
I just wish we could get a bunch of people up on the Hill who have no agenda, no one in their pockets, who actually want to fix the debt and oil prices, and jobs, and get this thing rolling. Could care less if they are left or right.
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Unfortunately you can't get any sort of major seat of public office unless you meet those qualifications.
 
#33
#33
NEOCON said:
I just wish we could get a bunch of people up on the Hill who have no agenda, no one in their pockets, who actually want to fix the debt and oil prices, and jobs, and get this thing rolling. Could care less if they are left or right.

I also think we need to untap Alaska and say we will provide all the oil we need here for the next 50 years and in that time take the money we are making off our own production and place alot of it into research for other fuel options. Give ourselves a 50-75 year window. We could create alot of jobs and alot of internal income if we'd drill and pipe and refine our own oil.
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I agree on tapping Alaska for energy resources. But I highly doubt doing so will provide any incentive to explore other alternatives. The frustration I have with oil prices is it doesn't seem to stem from supply and demand. When OPEC can arbitrarily set the price and not have to tell anybody the rationale behind it then it amounts to nothing more than price fixing. The goal is to keep it high enough to maximize profits while keeping it cheap enough to not make true research into alternatives economically viable. IMO, this is one of the downfalls to free market pricing, it is too vulnerable to arbitrary price fixing and we don't realize how screwed we are until it is too late. Outside of a few in OPEC, I would guess nobody really knows for certain how much reserves are left at what price to extract it.

That said, I have not seen this to be as big a story as when Bush was president. I'm not sure it is so much a right/left thing as it is headlines being taken up by what could very well be a once in a lifetime reform happening to an entire region of the world.
 
#34
#34
NEOCON said:
I just wish we could get a bunch of people up on the Hill who have no agenda, no one in their pockets, who actually want to fix the debt and oil prices, and jobs, and get this thing rolling. Could care less if they are left or right.

I also think we need to untap Alaska and say we will provide all the oil we need here for the next 50 years and in that time take the money we are making off our own production and place alot of it into research for other fuel options. Give ourselves a 50-75 year window. We could create alot of jobs and alot of internal income if we'd drill and pipe and refine our own oil.
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That makes way too much sense.
 
#35
#35
NEOCON said:
I also think we need to untap Alaska and say we will provide all the oil we need here for the next 50 years
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You're going to need some magic fairy dust, or Jesus Christ feeding the 5000-type miracle working to do that.
 
#36
#36
lawgator1 said:
I'm sorry, but I just can't agree with you. I see a ton of stories about this all the time. Particularly a lot of them centering on whether the price of gas will derail the recovery. Every news broadcast, every talk show. Its everywhere.
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I made a post about a month ago concerning gas prices and how the man on the street is quiet as a church mouse. Some guys in the barbershop (who are normally critical of any and all things that don't fit into their political world view) were surprisingly calm and resigned as they talked about rising gasoline prices. had this been 4 years earlier, you would have heard the guys in the shop screaming and hollering no blood for oil, Bush this, Bush that...

In other words, what I'm saying is that the "street" is quiet and people I run into at work or out and about have nothing to say. They just grimace a bit as they pump their gas. The same can be said about what is in the media. Just some aw shucks, gas is going up again due to ME unrest. :unsure:

I'm just saying...
 
#37
#37
I think Obama gets a little bit of a pass since prices has been at this level before. I think if they go past 4 dollars he will start getting more heat. I think it is BS since the Dems ran on the platform they would solve this issue.
 
#38
#38
IPorange said:
You're going to need some magic fairy dust, or Jesus Christ feeding the 5000-type miracle working to do that.
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The most conservative estimates places 50 years as the length of time available. They also have never done a true test to see how much is up there. There is some projections that say the amount is so much it cannot be exhausted.

We will honestly never know how much is actually up there as long as the bleeding heart liberals stop any true testing and drilling up there. "Shame. Shame."
 
#39
#39
kev20 said:
why would you need to watch the news to know that gas prices are rising?
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Joe doesn't get out of the house much, apparently. I've seen the rise and I don't even watch television.

Looks like I'll probably be making the 1hr 15min one-way bike ride to work at least once or twice a week this spring/summer... or fix my exhaust leak so I can get 30+mpg again.
 
#40
#40
NEOCON said:
The most conservative estimates places 50 years as the length of time available. They also have never done a true test to see how much is up there. There is some projections that say the amount is so much it cannot be exhausted.

We will honestly never know how much is actually up there as long as the bleeding heart liberals stop any true testing and drilling up there. "Shame. Shame."
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I'd rather bike across the country and walk everywhere before I hurt the ecosystem of the animals up there. But, you know, I care about those things. To each their own and the battle will never end.
 
#41
#41
VOLatile said:
I'd rather bike across the country and walk everywhere before I hurt the ecosystem of the animals up there. But, you know, I care about those things. To each their own and the battle will never end.
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You need to get over it and start placing human beings ahead of animals. You also need to realize that the tech has come along way and it would not destroy the land like you think.
 
#42
#42
NEOCON said:
You need to get over it and start placing human beings ahead of animals. You also need to realize that the tech has come along way and it would not destroy the land like you think.
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Ha. This is stupid. Why should I place humans over animals? They're all equal. The animals have just as much right to the land as humans do.
 
#44
#44
NEOCON said:
The most conservative estimates places 50 years as the length of time available. They also have never done a true test to see how much is up there. There is some projections that say the amount is so much it cannot be exhausted.

We will honestly never know how much is actually up there as long as the bleeding heart liberals stop any true testing and drilling up there. "Shame. Shame."
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So you think there is more oil there than in Saudi Arabia.
 
#46
#46
VOLatile said:
No, not quite. I'm thinking about the pipelines and forests that would be damaged by the construction of said pipelines.
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From personal observance, if there isn't a leak, it's no big deal. Wild life pass underneath the pipe, and the it's such a small thing on a vast landscape. And any new drilling would feed into the pipeline already in existence. So if it's pipeline you are worried about, you shouldn't worry.
 
#47
#47
IPorange said:
So you think there is more oil there than in Saudi Arabia.
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I wouldn't say that. SA has 260 billion proved compared to 30 billion proved in Alaska. The problem is the US government will not allow us to prove the oil amounts in Alaska. If it is not proven the Secruities will not recognize the stats. I believe we have about 60% of what SA has if you include all of Alaska and California. There is also alot of research that states in the shallow drilling areas of the coast there might be even more than Alaska.

I'm also not for living off oil forever. I am for a short term (50 to 75 years in the big picture is short in my opinion) option that allows us to begin producing, refining our own oil and taking the money to pay down the debt and to use for research over the next 50 years to actually create a new means of fuel which might be greener and better. 50-75 years is about the timeline I give to honestly be able to run 90% of all power off another source.
 
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#48
#48
IPorange said:
From personal observance, if there isn't a leak, it's no big deal. Wild life pass underneath the pipe, and the it's such a small thing on a vast landscape. And any new drilling would feed into the pipeline already in existence. So if it's pipeline you are worried about, you shouldn't worry.
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For what it's worth, you just shocked me. I wasn't expecting that.


:hi:
 
#49
#49
IPorange said:
From personal observance, if there isn't a leak, it's no big deal. Wild life pass underneath the pipe, and the it's such a small thing on a vast landscape. And any new drilling would feed into the pipeline already in existence. So if it's pipeline you are worried about, you shouldn't worry.
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So from what I understand of your viewpoint, because there's not really as much oil there as people want to believe then it shouldn't be touched?
 
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