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[Politics] Topic: Gas prices... |
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woopdurritis |
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#1 Posted: 2/17/2012 5:28:52 AM |
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FrontRowCenter |
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#2 Posted: 2/17/2012 6:59:56 AM
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wallstreetcappers |
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#3 Posted: 2/17/2012 10:42:41 AM
The issue really has nothing to do with the president, as stated here a hundred times the issue is we do not control our domestic supply, nor do we properly regulate commodity futures markets.
So..commodity traders are creating wealth off the back of the consumer, OPEC is creating wealth off the back of the consumer.
Deal with the real problems instead of pointing fingers at Obama. |
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MaineRoad |
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#4 Posted: 2/17/2012 12:24:11 PM QUOTE Originally Posted by wallstreetcappers: Bush did some pretty stupid things during the gas run-up like forcing to fill the SPR into the teeth of high prices, forcing an invasion which increased demand.
The issue really has nothing to do with the president, as stated here a hundred times the issue is we do not control our domestic supply, nor do we properly regulate commodity futures markets.
So..commodity traders are creating wealth off the back of the consumer, OPEC is creating wealth off the back of the consumer.
Deal with the real problems instead of pointing fingers at Obama.
I think you just made his point for him. |
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DiscoD69 |
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#5 Posted: 2/17/2012 12:58:33 PM QUOTE Originally Posted by MaineRoad:
I think you just made his point for him.
I wonder if that's why he refreshed the page 600 times this morning.  |
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be easy |
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#6 Posted: 2/17/2012 4:32:45 PM QUOTE Originally Posted by woopdurritis:
It is curious as to when Bush was in office and gas prices reached these levels the democrats here on covers.com were going wild. Yesterday I filled up in Milford CT at $3.99 a gallon. This is about as high as I ever remember it. Where is the outrage? My guess is that by the time elections roll around we are looking at $5 a gallon. Good thing my college hoops picks have been hot.
well, you weren't old enough to drive way back in summer of 2008, when gas prices went above 4$, so you can have a pass for not remembering way back when.
Do you think if a Republican were to take the presidency later this year, that gas prices would go down? 
Obama's policies, such as striking down Keystone, are having a direct correlation with gas prices.
Is it Obama's fault that Natural Gas prices are so low that some of the newer outfits to go on line are shuttering their windows already, because it's not profitable?
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rooster010 |
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#7 Posted: 2/17/2012 5:15:50 PM ive watched CNG at the pump go from 1.29 to 1.84 over the last year
i put some 93 octane in my vehicle the other day @4.35/g
o yeah |
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dl36 |
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#8 Posted: 2/17/2012 5:38:25 PM QUOTE Originally Posted by DiscoD69:
I wonder if that's why he refreshed the page 600 times this morning.
pathetic
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kaponofor3 |
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#9 Posted: 2/17/2012 5:39:44 PM QUOTE Originally Posted by woopdurritis:
It is curious as to when Bush was in office and gas prices reached these levels the democrats here on covers.com were going wild. Yesterday I filled up in Milford CT at $3.99 a gallon. This is about as high as I ever remember it. Where is the outrage? My guess is that by the time elections roll around we are looking at $5 a gallon. Good thing my college hoops picks have been hot.
College hoops pick that are hot that never should have been posted if Woop was a man of his word
Butler  
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SarasotaSlim |
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#10 Posted: 2/17/2012 10:09:13 PM The U.S. Senate today passed legislation extending the Bush tax cuts for 160 million workers with no spending off-sets.........adding another $100 billion to the deficit our children/grandchildren will have to pay ,,
This extention of the Bush tax cuts will benefit each taxpaying household about $1K over a year ..while the rising prices of gas has already eaten up the benefits of the tax cut extention .. the result ....double penetration by this administration.. |
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TheGoldenGoose |
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#11 Posted: 2/17/2012 11:35:20 PM
Republicans suffer from selective memory. You don't remember that gas prices plummeted to under $2 / gal immediately after the 2008 Presidential election?
Of course WSC and be easy are 100% correct, the President has literally ZERO control on immediate gasoline pricing.
 Bush Tax cuts
Thank you sir, may I have another?
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cd329 |
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#12 Posted: 2/18/2012 1:51:00 PM
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depeche2 |
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#13 Posted: 2/18/2012 2:06:03 PM
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FrontRowCenter |
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#14 Posted: 2/20/2012 8:17:58 AM
http://www.youtube.com/watch?v=qKdScVerrBU |
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be easy |
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#15 Posted: 2/20/2012 10:19:06 AM QUOTE Originally Posted by depeche2:
In a lot of cases higher gas prices are a positive advance signal for the economy. When the economy is revving up, demand for fuel comes in advance. Gas prices plummeted in late 2008/2009 because the economy was in the shitter and there was no demand.
It is absurd to claim that supply and demand drives gas prices. Petro prices dropped from 150 down to 30 in an eyeblink. Is it your claim that demand dropped off 80% in that time period as well?
I tend to believe that your assertion of higher gas prices being a positive indicator for the economy, to be wholly false. Higher energy input costs lead to price increases across the board, which kills the economy. If what you say is true, wouldn't we all be rooting for 10$ gas so that the economy goes on steroids?
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ilsp2003 |
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#16 Posted: 2/20/2012 10:59:52 AM QUOTE Originally Posted by SarasotaSlim: The U.S. Senate today passed legislation extending the Bush tax cuts for 160 million workers with no spending off-sets.........adding another $100 billion to the deficit our children/grandchildren will have to pay ,,
This extention of the Bush tax cuts will benefit each taxpaying household about $1K over a year ..while the rising prices of gas has already eaten up the benefits of the tax cut extention .. the result ....double penetration by this administration..
here comes the spin 
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ilsp2003 |
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#17 Posted: 2/20/2012 11:00:50 AM QUOTE Originally Posted by depeche2:
In a lot of cases higher gas prices are a positive advance signal for the economy. When the economy is revving up, demand for fuel comes in advance. Gas prices plummeted in late 2008/2009 because the economy was in the shitter and there was no demand.
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ilsp2003 |
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#18 Posted: 2/20/2012 11:01:28 AM QUOTE Originally Posted by wallstreetcappers: Bush did some pretty stupid things during the gas run-up like forcing to fill the SPR into the teeth of high prices, forcing an invasion which increased demand.
The issue really has nothing to do with the president, as stated here a hundred times the issue is we do not control our domestic supply, nor do we properly regulate commodity futures markets.
So..commodity traders are creating wealth off the back of the consumer, OPEC is creating wealth off the back of the consumer.
Deal with the real problems instead of pointing fingers at Obama.
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ilsp2003 |
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#19 Posted: 2/20/2012 11:01:59 AM QUOTE Originally Posted by kaponofor3: College hoops pick that are hot that never should have been posted if Woop was a man of his word Butler
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dl36 |
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#20 Posted: 2/20/2012 5:53:25 PM QUOTE Originally Posted by kaponofor3: College hoops pick that are hot that never should have been posted if Woop was a man of his word Butler
Butler?
the guy in his avatar has a portland jersey
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TILTOLOGIC |
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#21 Posted: 2/21/2012 12:00:23 AM QUOTE Originally Posted by depeche2:
In a lot of cases higher gas prices are a positive advance signal for the economy. When the economy is revving up, demand for fuel comes in advance. Gas prices plummeted in late 2008/2009 because the economy was in the shitter and there was no demand.
Everything you said here is entirely correct. Unfortunately, it isn't applicable to whats happening right now.
2 things are driving this price today. 1) An early spring ( where under normal conditions prices always rise) courtesy of a incredibly mild winter and 2) good old speculation. Courtesy of the Ayatollah.
Current real unemployment #'s coupled with underemployment #'s ensure that what you suggest is not happening.
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canovsp |
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#22 Posted: 2/21/2012 1:50:25 AM Instability in the Middle East is always a factor.
Another factor is we are now in a global economy.According to Lou Dobbs the reason gas prices are up is because of demand throughout the world. Even though it may be our fuel, we are sending it elsewhere which decreases our reserves. When supply is less than it should be the price will always be higher. |
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canovsp |
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#23 Posted: 2/21/2012 1:55:47 AM
But I would be remiss in my observations if I didn't point out that the media and Nancy Pelosi wanted Bush's head when the prices were high. Now, not a creature is stirring. Unless crickets are creatures. |
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Stiln |
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#24 Posted: 2/21/2012 2:55:26 AM QUOTE Originally Posted by TILTOLOGIC:
Everything you said here is entirely correct. Unfortunately, it isn't applicable to whats happening right now.
2 things are driving this price today. 1) An early spring ( where under normal conditions prices always rise) courtesy of a incredibly mild winter and 2) good old speculation. Courtesy of the Ayatollah.
Current real unemployment #'s coupled with underemployment #'s ensure that what you suggest is not happening.
Why do you advertise how friggin stupid you are?
Are
you a masochist? Since you probably don't know what that means, do you
get pleasure from being mocked and reminded you are dumber than dirt? I can hear you breathing from here...
Its refuse like you that need the state. Without it, you wouldn't stand a chance.
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TILTOLOGIC |
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#25 Posted: 2/21/2012 3:09:13 AM QUOTE Originally Posted by Stiln: Why do you advertise how friggin stupid you are?
Are
you a masochist? Since you probably don't know what that means, do you
get pleasure from being mocked and reminded you are dumber than dirt? I can hear you breathing from here...
Its refuse like you that need the state. Without it, you wouldn't stand a chance.
Sounds like you had a rough day
http://miami.cbslocal.com/2012/02/20/wheelchair-man-charged-in-convenience-store-robbery/
hang in there kid |
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