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Why are gas prices so high?

 

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Miguelon

Apr 27, 12 8:44

Post #1 of 30 (1040 views)
Why are gas prices so high? Quote | Reply

Make your own conclusion... But Obama tells you he is working to lower the price of oil when he previously said that under his economic plan the prices will have to go up... His secretary of energy agrees to this and says that the oil prices should go up to European price levels. Was he lying then or is he lying now?

The avg price of oil Jan 2009 $1.83 (Obama's Inauguration Day)

Barrack Obama "Under my energy plan the price of energy will necessary skyrocket"
http://www.youtube.com/...&feature=related


2011 Secretary of Energy: "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe"
http://www.youtube.com/watch?v=9nfPbMklrJE



(This post was edited by Miguelon on Apr 27, 12 10:19)


Miguelon

Apr 27, 12 8:50

Post #2 of 30 (1035 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

Funny that Obama gives himself a B+ and Chu gives himself an A-


jlittel

Apr 27, 12 9:51

Post #3 of 30 (1014 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

The president has roughly as much control over gas prices as over real estate prices in Iceland.


Old Hickory

Apr 27, 12 9:57

Post #4 of 30 (1006 views)
Re: Why are gas prices so high? [jlittel] [In reply to] Quote | Reply

So he's fucking up things there, too?


jlittel

Apr 27, 12 10:07

Post #5 of 30 (997 views)
Re: Why are gas prices so high? [Old Hickory] [In reply to] Quote | Reply

Heh, it's a good time to be shopping for a castle with a seven car garage in Iceland.


Rodred

Apr 27, 12 10:11

Post #6 of 30 (994 views)
Re: Why are gas prices so high? [jlittel] [In reply to] Quote | Reply

False but nice try.

If the CEO of Apple announced tomorrow that they were going to move production of all of their products to the US and use union labor would it effect the cost of their product as well as hurt their stock? Would the speculation over how it would change the cost of each product not create uncertainty?

Global markets can still be swayed by members of that market. Everytime there is a hiccup in the ME prices jump so what if there was a hiccup and the US said "Game on. We are going to grant drilling permits and open up the gulf and ANWR and push shale drilling to the max".

The Global Market does not work only in one direction.


Of course shady distributors and stations don't help. Yesterday I drove through a town and gas was was $3.42 a gallon. I turned around two minutes later and the price at the same stations jumped to $3.80 a gallon. There was no reason. There was no ME crisis. The station on the other side of town at WalMart didnt drop their prices and stayed at $3.42 and they were packed. So we had a nearly $.40 a gallon increase in 2 minutes across the board and three different chains. Why? It was nothing more than manipulation of the price based on nothing. I can see price fluctuations of more than $.20 a gallon in towns 5 miles apart ( similar population, similar locations) at the same chain stations. Why is that?

~
“The instinct to survive is human nature itself, and every aspect of our personalities derives from it. Anything that conflicts with the survival instinct acts sooner or later to eliminate the individual and thereby fails to show up in future generations.

(This post was edited by Rodred on Apr 27, 12 10:18)


Miguelon

Apr 27, 12 10:12

Post #7 of 30 (987 views)
Re: Why are gas prices so high? [jlittel] [In reply to] Quote | Reply

jlittel wrote:
The president has roughly as much control over gas prices as over real estate prices in Iceland.


So you are admitting that Bush and Chenney had nothing to do with oil prices back when they were in charge.

I do remember the news media blaming them all of the time for the high price of gas.


(This post was edited by Miguelon on Apr 27, 12 10:14)


getcereal

Apr 27, 12 10:15

Post #8 of 30 (977 views)
Re: Why are gas prices so high? [jlittel] [In reply to] Quote | Reply

jlittel wrote:
The president has roughly as much control over gas prices as over real estate prices in Iceland.

What what whaatt?!
I remember I was told during the Bush presidency, oil price were spiking because Bush/Cheney were taking care of there Texas oil buddies.
Is it still Boosh's fault?


Miguelon

Apr 27, 12 10:16

Post #9 of 30 (977 views)
Re: Why are gas prices so high? [jlittel] [In reply to] Quote | Reply

jlittel wrote:
The president has roughly as much control over gas prices as over real estate prices in Iceland.

So if Obama says tomorrow that he will close all oil rigs in the Gulf, that would not have an effect in the price of Gas?


Miguelon

Apr 27, 12 10:17

Post #10 of 30 (974 views)
Re: Why are gas prices so high? [getcereal] [In reply to] Quote | Reply

getcereal wrote:
jlittel wrote:
The president has roughly as much control over gas prices as over real estate prices in Iceland.


What what whaatt?!
I remember I was told during the Bush presidency, oil price were spiking because Bush/Cheney were taking care of there Texas oil buddies.
Is it still Boosh's fault?


Exactly my point, I think the video clips explain their intentions.


(This post was edited by Miguelon on Apr 27, 12 10:20)


Blue Rider

Apr 27, 12 10:22

Post #11 of 30 (963 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

Gas prices went up, now they have started to go down. What did Pres. Obama do to cause this shift? If you want to blame him for one, give him credit for the other. Draw your own batty conclusions if you like.

Long term, gas prices are going to go up. I don't know why this is such radical thinking for some of us. Sure it sucks. That's life isn't it?
___________________________
De que depende?


Miguelon

Apr 27, 12 10:28

Post #12 of 30 (960 views)
Re: Why are gas prices so high? [jlittel] [In reply to] Quote | Reply

jlittel wrote:
The president has roughly as much control over gas prices as over real estate prices in Iceland.

Really.

A few things that can be done:
1. Oil pipeline between US and Canada
2. Allow more exploration
3. Allow more drilling
4. Continue research on green sources of energy BUT without phasing out OIL until you finally got something that works that can reliably replace oil.


Rodred

Apr 27, 12 10:30

Post #13 of 30 (959 views)
Re: Why are gas prices so high? [Blue Rider] [In reply to] Quote | Reply

Blue Rider wrote:
Gas prices went up, now they have started to go down. What did Pres. Obama do to cause this shift? If you want to blame him for one, give him credit for the other. Draw your own batty conclusions if you like.

Long term, gas prices are going to go up. I don't know why this is such radical thinking for some of us. Sure it sucks. That's life isn't it?

I don't think those calling bullshit are saying he is the only thing that can cause price changes because that is obviously not the case. But to say that the President of the United States policies don't/can't change things is naive, oblivious to the real world or just wants to argue.

~
“The instinct to survive is human nature itself, and every aspect of our personalities derives from it. Anything that conflicts with the survival instinct acts sooner or later to eliminate the individual and thereby fails to show up in future generations.


Miguelon

Apr 27, 12 10:33

Post #14 of 30 (953 views)
Re: Why are gas prices so high? [Blue Rider] [In reply to] Quote | Reply

Blue Rider wrote:
Gas prices went up, now they have started to go down. What did Pres. Obama do to cause this shift? If you want to blame him for one, give him credit for the other. Draw your own batty conclusions if you like.

Long term, gas prices are going to go up. I don't know why this is such radical thinking for some of us. Sure it sucks. That's life isn't it?

The prices went down a few cents... true...

But I can't give him credit for that because he said many times on countless interviews that he has no control over the price of oil. So which one is it: does he controls the price of oil or not?


realAlbertan

Apr 28, 12 7:09

Post #15 of 30 (909 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

No they tried to manipuate them by starting wars.
___________________________________________
http://en.wikipedia.org/...eoesophageal_fistula
http://en.wikipedia.org/wiki/Cerebral_palsy
Canadian Record Holder 35-39M - 1500 metre Freestyle


realAlbertan

Apr 28, 12 7:13

Post #16 of 30 (907 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

You are only taking supply side. What about lowering demand? Urban planning, transit & cycling. Strict efficiency standards for vehicles. Model the behavior that you want other countries to emulate, now they want to emulate the US and when it comes to China and India that will cause massive prick shocks.
___________________________________________
http://en.wikipedia.org/...eoesophageal_fistula
http://en.wikipedia.org/wiki/Cerebral_palsy
Canadian Record Holder 35-39M - 1500 metre Freestyle


oldandslow

Apr 28, 12 7:40

Post #17 of 30 (896 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

You are just trolling. You are displaying virtually no knowledge about how oil prices are actaully determined and fixating on attacking the president for conflicting prior statements, when those statements don't have any substantial impact on oil prices.


blueraider_mike

Apr 28, 12 9:57

Post #18 of 30 (863 views)
Re: Why are gas prices so high? [Blue Rider] [In reply to] Quote | Reply

Blue Rider wrote:
Gas prices went up, now they have started to go down. What did Pres. Obama do to cause this shift? If you want to blame him for one, give him credit for the other. Draw your own batty conclusions if you like.

Long term, gas prices are going to go up. I don't know why this is such radical thinking for some of us. Sure it sucks. That's life isn't it?

Just like Natural Gas?


Alvin Tostig

Apr 28, 12 13:02

Post #19 of 30 (836 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

Miguelon wrote:
The prices went down a few cents... true...

But I can't give him credit for that because he said many times on countless interviews that he has no control over the price of oil. So which one is it: does he controls the price of oil or not?
You can't give him credit when the price goes down, but you can blame him when the price goes up?

(President Chavez in Venezuela must be doing everything right. Gas is less than $0.10 per gallon there.)



Some say "I can". Others say "I can't". Both manage to be correct.


Rodred

Apr 28, 12 14:45

Post #20 of 30 (820 views)
Re: Why are gas prices so high? [Alvin Tostig] [In reply to] Quote | Reply

Alvin Tostig wrote:
Miguelon wrote:
The prices went down a few cents... true...

But I can't give him credit for that because he said many times on countless interviews that he has no control over the price of oil. So which one is it: does he controls the price of oil or not?

You can't give him credit when the price goes down, but you can blame him when the price goes up?

(President Chavez in Venezuela must be doing everything right. Gas is less than $0.10 per gallon there.)

Thats impossible because all of the oil in the world goes into one big pool so no matter how much you have or how much you drill it doesnt matter. Thats the argument we hear every day isnt it?

Old Chavez. "if they come and build it we can take it for ourselves."

What a guy.

~
“The instinct to survive is human nature itself, and every aspect of our personalities derives from it. Anything that conflicts with the survival instinct acts sooner or later to eliminate the individual and thereby fails to show up in future generations.


scorpio516

Apr 28, 12 15:37

Post #21 of 30 (808 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

Miguelon wrote:
jlittel wrote:
The president has roughly as much control over gas prices as over real estate prices in Iceland.


So if Obama says tomorrow that he will close all oil rigs in the Gulf, that would not have an effect in the price of Gas?

It'll go up, then go to lower levels then it is now.

One of many reasons oil prices are high again is because of high domestic output. "Drill baby drill" backfired and made everything worse.


DavHamm

Apr 28, 12 19:00

Post #22 of 30 (776 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

Miguelon wrote:
Make your own conclusion... But Obama tells you he is working to lower the price of oil when he previously said that under his economic plan the prices will have to go up... His secretary of energy agrees to this and says that the oil prices should go up to European price levels. Was he lying then or is he lying now?

The avg price of oil Jan 2009 $1.83 (Obama's Inauguration Day)

Lets compare to the same time... So what was it 4yrs ago? oh wait don't want to go there cause it's lower now then it was then.
_________
Just Triing

Triathlete since 9:56:39 AM EST Aug 20, 2006.


Miguelon

Apr 30, 12 7:52

Post #23 of 30 (729 views)
Re: Why are gas prices so high? [Alvin Tostig] [In reply to] Quote | Reply

Alvin Tostig wrote:
Miguelon wrote:
The prices went down a few cents... true...

But I can't give him credit for that because he said many times on countless interviews that he has no control over the price of oil. So which one is it: does he controls the price of oil or not?

You can't give him credit when the price goes down, but you can blame him when the price goes up?

(President Chavez in Venezuela must be doing everything right. Gas is less than $0.10 per gallon there.)

Obama and his energy secretary said explicitly that they wanted the oil price to go up, why is this so difficult to see? There is a lot the president can do to swing the prices in either direction... and they have done that. Now that that they are not so popular the prices are mysteriously coming down.

Like you said Hugo Chavez is doing something right... I guess he doesn't buy oil from the Saudis as he has enough to be independent and then export some. Of course Chavez is wrong in many other issues... But boy when he comes to energy policy he is right.


Eppur si muove

Apr 30, 12 8:07

Post #24 of 30 (723 views)
Re: Why are gas prices so high? [jlittel] [In reply to] Quote | Reply

The president has roughly as much control over gas prices as over real estate prices in Iceland.

Well, the price of oil in world markets is denominated in dollars, and the president does nominate the chairman of the Fed. Of course, in that regard Bush and Obama are equally to blame, both having nominated Bernanke.
-----
"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." --Benjamin Franklin


scorpio516

Apr 30, 12 9:39

Post #25 of 30 (705 views)
Re: Why are gas prices so high? [Miguelon] [In reply to] Quote | Reply

Miguelon wrote:
Like you said Hugo Chavez is doing something right... I guess he doesn't buy oil from the Saudis as he has enough to be independent and then export some. Of course Chavez is wrong in many other issues... But boy when he comes to energy policy he is right.


Venezuela isn't independent. They are part of OPEC. They have state owned oil companies. The reason gas prices are so low there is because of subsidies.


The US uses a higher percentage of domestic oil than Venezuela does. You are saying we should nationalize all oil production and subsidize the hell out of it.

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