With Gasoline headed toward $4.00 a gallon, Obama...

[carpro]

...stalls and continues to fight for the government's decision to stop oil drilling after saying they wouldn't.


http://www.politico.com/news/stories/0311/50703.html

Interior appeals oil drilling ruling


By DAN BERMAN & DARREN GOODE | 3/4/11 10:18 PM EST

The Obama administration late Friday appealed a judge's orders directing the Interior Department to act on several Gulf of Mexico deepwater drilling permits.

The appeal is the latest salvo in the ongoing fight over the speed with which Interior is – or isn't – letting oil drillers get back to work after last year's BP oil spill.

 

[Salty]

You'll know this gas price increase is the fault of President Bush......

 

[Crabtownboy]

Drill later, much, much later so your great-great-great grandchildren will have gas for their 300 mpg cars. :smilewinkgrin:

 

[carpro]

You'll know this gas price increase is the fault of President Bush......

What a difference!

But it was more than just the amount of coverage that showed the media's willingness to spin gas prices one way under Bush, and another way under Obama. In 2008, network reporters mentioned "Bush," the "president" or "government" in gas price reports 15 times more often than in 2011 under President Obama (15 stories to 1). A number of stories portrayed Bush as out-of-the-loop when he was asked about the possibility of $4-a-gallon gas and hadn't yet heard that prediction.​

In contrast to the 15 reports referencing the Bush administration when gas prices were "through the roof," the only 2011 story to mention the president was NBC "Nightly News" on Feb. 24. Tom Costello's report on the impact of surging gas prices quoted President Obama who was "optimistic."​

And Bush never did anything to halt or slow down production. Obama continues to do exactly that.​

 

[carpro]

And then there's this:

Investor's Business Daily argued in a recent editorial that the Obama administration is intentionally allowing prices to spike in order to make green energy more desirable.

On the issue of rising prices, IBD editorialized: "It's not just Mideast turmoil that has brought us to this point. It's also a deliberate program of restricting domestic energy to make so-called green energy more attractive and necessary, keeping an Obama campaign promise that energy prices would 'necessarily skyrocket' on his energy agenda."​

​

​

Obama actually WANTS gasoline to be as expensive as possible. Jobs and the economy mean nothing to this idealogue.

 

[North Carolina Tentmaker]

Drill later, much, much later so your great-great-great grandchildren will have gas for their 300 mpg cars. :smilewinkgrin:

Drill now while we can still sell it. those 300 mpg cars will run on water.

I am very confused why we cant sell from the strategic reserve at times like this. Add to it when the price is under $40/barrell, sell when it is over $80, and the result is our government would make money and keep our oil costs down.

 

[carpro]

Drill now while we can still sell it. those 300 mpg cars will run on water.

I am very confused why we cant sell from the strategic reserve at times like this. Add to it when the price is under $40/barrell, sell when it is over $80, and the result is our government would make money and keep our oil costs down.

The strategic reserve is there in case of an interruption of oil flow, not for price relief.

There is plenty of oil available. We can get it almost anywhere except here in the U.S and we can't refine all that we can buy.

The reason for both is the same...far left wacko environmentalists. and their democrat lackeys.

 

[billwald]

Why does anyone think that more US crude oil would cause US retail gas prices or international retail gas prices to drop?

If US oil could be sold at a higher price in Europe or Asia why would not be shipped to where it got the highest price?

 

[preachinjesus]

It'll be interesting to see what will happen when our research labs finally get the go ahead to produce industrial amounts of synthetic or lab created crude.

Suggesting the current crisis is the product of the current administration is like blaming your pastor for the church split in another state. The two arent related.

 

[rbell]

Drill later, much, much later so your great-great-great grandchildren will have gas for their 300 mpg cars. :smilewinkgrin:

Wow. Crabby cares as much for the sorry state of economic affairs as Obama.

(um, that doesn't say much).

Look folks: Obama desires high gas prices. It will help him push his envirowacked agenda.

 

[carpro]

.

Suggesting the current crisis is the product of the current administration... QUOTE]

Why not?

It was certainly all GW's fault when he was president, doncha know?

There is also evidence that this is what this administration wants.

On the issue of rising prices, IBD editorialized: "It's not just Mideast turmoil that has brought us to this point. It's also a deliberate program of restricting domestic energy to make so-called green energy more attractive and necessary, keeping an Obama campaign promise that energy prices would 'necessarily skyrocket' on his energy agenda."​

​

 

[Robert Snow]

As someone who works for a machine shop in Houston, Texas that manufactures products for the oil industry, it is good job security for oil prices to skyrocket. Although it does cost me more money for gasoline, the added hours needed in supplying the products required more than offsets this cost. So, this is not a crisis for everybody.

 

[rbell]

As someone who works for a machine shop in Houston, Texas that manufactures products for the oil industry, it is good job security for oil prices to skyrocket. Although it does cost me more money for gasoline, the added hours needed in supplying the products required more than offsets this cost. So, this is not a crisis for everybody.

No, just 98% of everybody...but who's counting?

 

[North Carolina Tentmaker]

What the snowman has mentioned is true, it is a boom for some. Higher gas prices result in more investment by the oil industry. If the government would just keep their hands out of it the industry would regulate itself. When production falls behind demand and prices go up, then oil companies invest in more production. When prices drop and demand falls below the supply, then they stop doing that.

The current administration’s failure to approve drilling permits and expand US production has caused demand to surge that much further ahead.

 

[rbell]

Oh, I don't doubt it's helped RS.

And I don't begrudge him one bit for it. He chose a career in a good industry.

But there's no doubt it's hurt far more people than it's helped.

I didn't mean for my response to RS to sound snarky. What I meant is the above thought.

 

[Robert Snow]

Oh, I don't doubt it's helped RS.

And I don't begrudge him one bit for it. He chose a career in a good industry.

But there's no doubt it's hurt far more people than it's helped.

I didn't mean for my response to RS to sound snarky. What I meant is the above thought.

What would be great is if the machinists had work and the price of oil was reasonable. One problem with this is that so much of our manufacturing has gone to China.

 

[Arbo]

I'm suprised we haven't heard complaints about Big Oil profits from some of our more liberal friends here.

 

[Arbo]

Suggesting the current crisis is the product of the current administration is like blaming your pastor for the church split in another state. The two arent related.

Obama sure isn't helping the situation by hindering domestic production.

 

[Robert Snow]

Obama sure isn't helping the situation by hindering domestic production.

Oil is a commodity that is sold on the world market. It really doesn't matter where it is pumped out of the ground. If it were drilled for in the U.S. it wouldn't lower our price for gasoline.

 

[North Carolina Tentmaker]

Oil is a commodity that is sold on the world market. It really doesn't matter where it is pumped out of the ground. If it were drilled for in the U.S. it wouldn't lower our price for gasoline.

More production anywhere, results in lower prices everywhere. The big difference if it were US production would be that we would be creating jobs and wealth in the United States instead of other places.

What is even scarier than the high price of oil is that a large part of the money goes to fund nations and individuals who in many cases are hostile to the United States.