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Old 12-16-2014, 05:55 PM
 
Location: Old Town Alexandria
14,506 posts, read 23,248,854 times
Reputation: 8833

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Quote:
Originally Posted by tinytrump View Post
hahahahaha are you kidding me? do you Cheney n Busch- and all those BIG OIL folks. are suffering now with the low prices as the Saudis- did NOT hold back production- Wall Street is crying baby hahahaha

There's no getting around the fact that lower oil prices are bad news for the oil sector[LEFT]
Read more: Energy Investment A Small Share Of GDP - Business Insider

KARMAS A BI@tch for WALL ST FELONS.

:h amd:


cry us a river, may they rot in hell.
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Old 12-16-2014, 06:03 PM
 
Location: Old Town Alexandria
14,506 posts, read 23,248,854 times
Reputation: 8833
Arrow cheney~the tin man

Quote:
Originally Posted by LordBalfor View Post
First of all it wasn't an OBAMA SUPPORTER who started this thread. It was an ignorant RW person who started this thread as a means of bashing Obama - so we're just responding in the spirit of the thread.

Secondly, higher energy prices DID break American consumers "dependence on oil" - or at the very least diminished it quite a bit. U.S. gas consumption is way down - to a large degree because there are now things like wind turbine farms producing electricity which previously would have been produced by coal or oil powered power stations. Wind farm are cropping up everywhere. I see trains rolling through town probably once a week or once every 10 days or so hauling trainloads of those enormous turbine blades. Also, higher government mileage standards means new cars are getting better mileage - and thus using less gas. Same is true regarding all those hybrids and all-electric vehicles out there. All those "alternative energy" industries have help push oil consumption and prices DOWN.

At the same time oil production has been allowed to increase (so much for him "working against the oil industry nonsense).

It's been a 2-pronged approach - let oil production rise and also encourage the adoption of alternate energy sources and conservation. And it looks like it's working pretty darned good at the moment.

Prices are always the result of TWO things - production AND consumption. All those idiot "drill baby drill" goons tend to IGNORE the second while focussing just on the first. But increasing productions doesn't help all that much if consumption rises right along WITH the production increases. It's when you INCREASE production while DECREASING consumption that big drops in price occur.
And THAT is exactly what's happened.


Ken

PS - whereever you live, you're getting scr*wed.



This is so VERY true.

Then again, karma has a way of redistributing

I spend quadruple to own property, but I don't have to drive, after 911 , Halliburton got what it wanted, pipelines under the Caspian Sea.

Govts think in terms of profit$, not people, esp. GOP criminals


What a disgrace.


We who gained nothing after the illegal wars of tens of thousands will have a merry xmas this year God Bless you.


catty intraparty feud between Republican hawks and GOPers skeptical of foreign intervention, former Vice President Dick Cheney took a shot at Sen. Rand Paul (R-Ky.). But Paul is not likely to be fazed by criticism from Cheney, for several years ago the Kentucky senator was pushing the conspiratorial notion that the former VP exploited the horrific 9/11 attacks to lead the nation into war in Iraq in order to benefit Halliburton, the enormous military contractor where Cheney had once been CEO.
Speaking at a private Las Vegas gathering of Republican funders and activists on March 29, Cheney blasted what he termed isolationists within the GOP. "One of the things that concerns me first about the [2016] campaign, that I'm worried about," Cheney said, "is what I sense to be an increasing strain of isolationism, if I can put it in those terms, in our own party." He didn't name names, but he didn't have to—at least, in one case. He obviously had Rand Paul in mind. And Cheney, who also approvingly talked about bombing Iran, chided the unmentioned Paul and other less hawkish GOPers for having not learned the supposed lessons of 9/11.
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Old 12-16-2014, 06:07 PM
 
4,572 posts, read 2,874,843 times
Reputation: 3261
So all those energy surcharges that have driven up the price of everything have gone away, right? Food prices are cheap again, right? Your electric bill is going down too, right?

Prices have gone down in spite of the boy emperor's efforts to have energy costs "necessarily sky rocket". After all, that's what he promised and the quote is there for all to hear. No one hates lower gas prices more than that chimp-in-chief.
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Old 12-16-2014, 06:47 PM
 
Location: Long Island, NY
19,712 posts, read 11,080,394 times
Reputation: 5600
Quote:
Originally Posted by Ed from California View Post
So all those energy surcharges that have driven up the price of everything have gone away, right? Food prices are cheap again, right? Your electric bill is going down too, right?

Prices have gone down in spite of the boy emperor's efforts to have energy costs "necessarily sky rocket". After all, that's what he promised and the quote is there for all to hear. No one hates lower gas prices more than that chimp-in-chief.
What it shows is that all the conservative cries that liberal policies will drive gas prices to the moon were wrong once again. What we have is lower gas consumption due to those nasty CAFE standards that mandate higher mileage. As a result, consumption is down.

http://www.zerohedge.com/sites/defau...140530_gas.png

Last edited by Ibginnie; 12-17-2014 at 08:38 PM.. Reason: hotlinking/copyright
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Old 12-16-2014, 11:12 PM
JJG
 
Location: Fort Worth
12,993 posts, read 18,496,831 times
Reputation: 6656
The fact that ANYONE blames ANY president for gas prices is disgusting in itself...
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Old 12-17-2014, 02:20 AM
 
18,196 posts, read 16,555,799 times
Reputation: 9792
I'm still trying to get a handle on the imbeciles saying that low gas prices are bad for the economy.
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Old 12-17-2014, 06:19 AM
 
69,372 posts, read 53,829,475 times
Reputation: 9357
Quote:
Originally Posted by LordBalfor View Post
Paid $2.29 on Monday for gas near Eloy AZ. Could have got it for $2.27 if I'd bothered to go to the other side of the freeway. That's a FAR CRY from the $4.19/gallon Dockside blamed Obama for - so, in the spirit of the OP: For cutting the price of gas NEARLY IN HALF since Dockside's original post: Thanks Obama.



So, will Dockside be fair and honest enough to CREDIT Obama for the low gas prices after he BLAMED Obama for the high gas prices 2.5 years ago?

Not bloody likely.

Ken
So you credit obama with the lower gas prices which makes me ask you why Obama kept them so dam high for so long..

You cant have one without the other..
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Old 12-17-2014, 06:22 AM
 
69,372 posts, read 53,829,475 times
Reputation: 9357
Quote:
Originally Posted by Icy Tea View Post
I'm still trying to get a handle on the imbeciles saying that low gas prices are bad for the economy.
That would be Demcorats who continued this nonsense talk to excuse the high gas prices we had..

yeah, their imbeciles alright.
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Old 12-17-2014, 06:26 AM
 
Location: Miami, FL
58,619 posts, read 32,096,873 times
Reputation: 9437
Quote:
Originally Posted by MTAtech View Post
What it shows is that all the conservative cries that liberal policies will drive gas prices to the moon were wrong once again. What we have is lower gas consumption due to those nasty CAFE standards that mandate higher mileage. As a result, consumption is down.
This is great news. More production, less consumption is the way to energy independence.
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Old 12-17-2014, 06:52 AM
 
1,309 posts, read 854,429 times
Reputation: 1737
Quote:
Originally Posted by pghquest View Post
That would be Demcorats who continued this nonsense talk to excuse the high gas prices we had..

yeah, their imbeciles alright.
Riiiight, the president who brought gas prices down from the idiot who raised gas prices in the first place invading Iraq wants high gas prices. You Teabaggers are running on fumes. Ironically, you can now afford gas instead of having to sniff fumes now
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