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If there were shortages anywhere our supplies would not be increasing. 8% higher than last year. There are tankers just sitting full of oil with no demand for it.
To go along with my earlier argument that if the government wasn't plowing so much money into the system the prices would be down, just the same, if only end users were doing the bidding, prices would be way down.
Someone noted what would happen to prices when the government quit propping them up.
No Obama does not control prices but his current policies are the reason for high prices. The reason the prices are so high is because the government is pumping trillions of dollars through the investment banks. This money isn't being used to assist the citizens but rather to pump into commodities. Without this pump oil would be far less expensive.
The problem we have as a country is that Romney and McCain would have done the same thing.
Sorry guy OPEC is dictating this price cut, just like they will dictate the next price increase. Thanks to the GOP we will watch a real energy shortage when they do. They gave up the farm in their last budget deal to allow US produced oil to be exported, something which did not happen in 40 years.
Sorry guy OPEC is dictating this price cut, just like they will dictate the next price increase. Thanks to the GOP we will watch a real energy shortage when they do. They gave up the farm in their last budget deal to allow US produced oil to be exported, something which did not happen in 40 years.
Nothing OPEC does can take gas from $4.00 to $1.50.
The election is over for the last time for O. When will you guys get it that he's trying to make people move closer to the cities so he can redistribute suburban wealth to urban programs. I'm not saying he's responsible for high gas prices. Just don't expect him to address it if it works to achieve his goals.
Did he change his goals to move people away from the cities LOL
That's the liberal mindset. Never let someone elses money go to waste. On the Automotive forum someone started a thread about how now that gas prices are low the gas tax should be raised.
The conservative mindset: I want to drive on smooth roads, paved in gold, but don't want to pay a penny for the privilege.
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