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Obama brand skyrocket gasoline

 
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mrtexas
Citruholic
Citruholic


Joined: 02 Dec 2005
Posts: 1030
Location: 9a Missouri City,TX

Posted: Fri 30 Mar, 2012 11:55 pm

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Millet
Citruholic
Citruholic


Joined: 13 Nov 2005
Posts: 6657
Location: Colorado

Posted: Tue 10 Apr, 2012 1:27 am

Gasoline in my area is now at $3.79 per gallon. In many areas gas is above $4.00 a gal. My hope is that gas stays high until after the election. - Millet (286 BO-)
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Darkman
Citruholic
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Joined: 20 Jul 2010
Posts: 968
Location: Pensacola Florida South of I-10 Zone 8b/9a

Posted: Tue 10 Apr, 2012 1:39 am

Unfortunately I believe that Little O (Big O is Oprah) will tap into the reserves right before the election and drop the prices down substantially. I also believe he will pull some smoke and mirrors to give a struggling economy the appearance of a sustained recovery. Sad

Those who do not study the situation will drink the Kool Aid!

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Charles in Pensacola

Life - Some assembly required, As is no warranty, Batteries not included, Instructions shipped separately and are frequently wrong!

Kentucky Bourbon - It may not solve the problem but it helps to make it tolerable!
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Mark_T
Citruholic
Citruholic


Joined: 30 Jun 2009
Posts: 757
Location: Gilbert,AZ

Posted: Tue 10 Apr, 2012 5:37 am

My opinion of this man is so low, nothing I can add will be fit for this forum. I have done my research on him and he seriously one of the last people on earth that should be running this country. All one needs to know about him is to research the people he decided he wanted to associate with in his life,the people he looked up to, the belief system he was around in childhood and his actions as POTUS make perfect sense.
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MarcV
Moderator
Moderator


Joined: 03 Mar 2010
Posts: 1497
Location: Schoten (Antwerp), Belgium

Posted: Tue 10 Apr, 2012 6:01 am

Gasoline prices are a worldwide problem, it's not just in the US.
Don't complain just yet... here in Belgium we pay about €1.6 for one liter of gasoline, or about €6 / gallon! In US$ that's probably an even higher number! Rolling Eyes
Blame it on the chinese, they use all the resources in the world! Laughing

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MGT
Citruholic
Citruholic


Joined: 23 Feb 2011
Posts: 39
Location: Denmark, Zone 7

Posted: Tue 10 Apr, 2012 8:58 am

I paid $8,9 per gallon yesterday here in Denmark Shocked

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/Mikkel
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Millet
Citruholic
Citruholic


Joined: 13 Nov 2005
Posts: 6657
Location: Colorado

Posted: Tue 10 Apr, 2012 11:50 am

MGT, you well know why gas is always high in Denmark --it pays for the countries social policies. - Millet
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Laaz
Site Owner
Site Owner


Joined: 12 Nov 2005
Posts: 5673
Location: Dorchester County, South Carolina

Posted: Tue 10 Apr, 2012 12:22 pm

I boils down to one simple question... Is this country better off today than it was 4 years ago ? Most everyone agrees, it's time to do away with the welfare system set up for government officials. They want this new healthcare plan, fine as long as they are required to use it as well. Term limits & no more free paycheck once they leave office.

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cristofre
Citruholic
Citruholic


Joined: 09 Mar 2010
Posts: 200
Location: Clayton, Georgia USA zone 7B/8A

Posted: Tue 10 Apr, 2012 2:28 pm

High gas prices are caused by high oil prices.
High oil prices are caused by commodity traders, uncertainty in the Middle East, price speculation, etc- not by executive decision.

International members of this forum pointed out that gas prices are going up everywhere.

These are all things that Obama has no control over.

http://useconomy.about.com/od/commoditiesmarketfaq/p/high_gas_prices.htm
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Mark_T
Citruholic
Citruholic


Joined: 30 Jun 2009
Posts: 757
Location: Gilbert,AZ

Posted: Tue 10 Apr, 2012 2:51 pm

cristofre wrote:
High gas prices are caused by high oil prices.
High oil prices are caused by commodity traders, uncertainty in the Middle East, price speculation, etc- not by executive decision.

International members of this forum pointed out that gas prices are going up everywhere.

These are all things that Obama has no control over.

http://useconomy.about.com/od/commoditiesmarketfaq/p/high_gas_prices.htm



Oil is subject to the laws of supply and demand like everything else, the President has a direct impact on supply via energy policy, he has a direct impact on the currency that oil is denominated in, he some control over the taxes on fuel in this country and he has control over the refineries in this country through the EPA. To say he has no control ignores all of the above.
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Millet
Citruholic
Citruholic


Joined: 13 Nov 2005
Posts: 6657
Location: Colorado

Posted: Tue 10 Apr, 2012 5:49 pm

Ccanceling the construction of Canada's Excel pipe line certainly was not a helpful move. The Excel pipe line would have gone a long way to keep the supply and price of gasoline in better stead for years to come. - Millet (292 BO-)
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Mark_T
Citruholic
Citruholic


Joined: 30 Jun 2009
Posts: 757
Location: Gilbert,AZ

Posted: Tue 10 Apr, 2012 6:14 pm

Millet wrote:
Ccanceling the construction of Canada's Excel pipe line certainly was not a helpful move. The Excel pipe line would have gone a long way to keep the supply and price of gasoline in better stead for years to come. - Millet (292 BO-)


Or we could simply drill our own oil. One only needs to look at the long term chart of Natural Gas to see the impact of increased supply through exploration. There is a lot of oil here and those that say it won't have an impact lie. But turning our noses up at oil from a direct neighbor and ally was utter foolishness. In both cases, not only do we lose out on the oil, but the wealth and job creation from such projects would be far reaching for our economy.
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