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Old 04-08-2011, 07:09 AM
 
5,113 posts, read 4,958,314 times
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What if gas cost $10 a gallon?

Can't blame Bush for this one ... Obama is getting what he wanted.
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Old 04-08-2011, 07:51 AM
 
1,465 posts, read 4,559,545 times
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I read an article the other day saying Obama was worried about the gas prices, not that Americans have to spend more or anything but how it will affect his reelection campaign. He is hoping that the unemployment situation improves enough to show his actions are working and we need 4 more years to see it through. But this gas situation may derail that effort.

So I expect to see him go back on his no-drilling stance. It will **** off the environmentalists but I don't think he cares, he already has their vote. He needs to go after the moderates, the ones that actually work and need cheaper fuel prices.
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Old 04-08-2011, 08:08 AM
 
Location: Las Flores, Orange County, CA
26,346 posts, read 83,045,362 times
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Quote:
Originally Posted by Don9 View Post
What if gas cost $10 a gallon?

Can't blame Bush for this one ... Obama is getting what he wanted.

What's more likely to occur in the next pi years, gas at $10/gallon or gas back down to $2.50/gallon?
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Old 04-08-2011, 08:17 AM
 
Location: Oklahoma
608 posts, read 812,577 times
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If Obama remains as the prez...$10 a gallon. If someone else wins...$2.50 a gallon. It doesn't take a brilliant person to figure out that if you kill off drilling in the USA and contract it out to Brazil, Saudi, and the North Sea region, you will lose you @ss off paying to import the oil into the USA!
C'mon Cali, see the light at last and help us fire this sorry excuse for a president.
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Old 04-08-2011, 09:38 AM
 
5,113 posts, read 4,958,314 times
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I have not seen any actions from the White House or congress (2009 & 2010) that would result in economic improvement ... actually all actions have resulted in worse conditions. I think we will see much higher than $5/gal in CA before the end of the year. We will also see much worse economic conditions than today.
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Old 04-08-2011, 09:41 AM
 
Location: Las Flores, Orange County, CA
26,346 posts, read 83,045,362 times
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Quote:
Originally Posted by catfishing View Post
It doesn't take a brilliant person to figure out that if you kill off drilling in the USA and contract it out to Brazil, Saudi, and the North Sea region, you will lose you @ss off paying to import the oil into the USA!

For some reason, I got a feeling it's a little more complicated than that.
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Old 04-08-2011, 10:15 AM
 
277 posts, read 301,772 times
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We get it you hate Obama but the gas situation is more complicated than blaming him for everything just like it wasn't all Bush's fault gas was 5 dollars a gallon at one point. It's almost like some of you reactionaries think like 2 year olds. Your miserable lives will not change with a different president, he's one person out of hundreds that all make decisions. Simple minded people place all the blame on one person.
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Old 04-08-2011, 01:01 PM
 
1,235 posts, read 4,560,637 times
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And yet, most of the gas price depends on what happens in the rest of the world, China, India, Japan and the Middle East. If things change a bit in the Middle East, the prices would ease a bit, most people would be back to their big SUV's. We have a short memory span for bad things. I think the effect of the US administration on all this is exaggerated, the biggest effect it has is on elections.
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Old 04-08-2011, 01:09 PM
 
2,311 posts, read 2,890,340 times
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There's a little thing called currency devaluation and quantitative easing (2nd run) going on in case you all didn't notice... That is ,by far, what is what's causing inflation in energy/agriculture. If you care to know ... Google .. google for : DXY, quantitative easing bernanke, crude oil futures, agriculture futures
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Old 04-08-2011, 01:25 PM
 
5,113 posts, read 4,958,314 times
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Quote:
Originally Posted by Setsuko View Post
We get it you hate Obama but the gas situation is more complicated than blaming him for everything just like it wasn't all Bush's fault gas was 5 dollars a gallon at one point. It's almost like some of you reactionaries think like 2 year olds. Your miserable lives will not change with a different president, he's one person out of hundreds that all make decisions. Simple minded people place all the blame on one person.
I don't hate Obama ... did you hate Bush?

Obama claimed early on that he wanted higher gas prices just like he claimed he wanted cap and trade. Obama claimed he wanted to stop offshore oil drilling also.

It's amazing what can happen if you put your mind to it ... and especially if you happen to be president.

BTW: The liberals have been blaming Bush for the past 10 years ... and still do to this day.
Simple minded people place blame on one person...
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