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Old 02-05-2013, 04:39 PM
 
Location: Upper East Side of Texas
12,521 posts, read 23,106,300 times
Reputation: 4890

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Oh there is plenty of oil, Obama just doesn't want to drill for it.

 
Old 02-05-2013, 04:40 PM
 
Location: Wisconsin
20,357 posts, read 13,878,171 times
Reputation: 5233
Quote:
Originally Posted by Mr.XXX View Post
Thats what you get when your dear Marxist leader backs the Eco freaks agenda...This is only the beginning "You Ain't Seen Nothing Yet!!!....Hello $10 a gallon coming soon to station near you....Don't touch that dial..Stay tuned for the continuing saga of Our Dear Marxist Leader and The Left Destroying America!!!

Consumers Taking Financial Hit From Rising Fuel Prices
It's time to approve and streamline the construction of new oil refineries.
 
Old 02-05-2013, 04:48 PM
 
78,947 posts, read 33,560,179 times
Reputation: 15813
Quote:
Originally Posted by middle-aged mom View Post
What a difference 4-5 years makes when the sport is " Blame the Obama".
So which account is Bill O'Reilly hiding behind here at C-D?
 
Old 02-05-2013, 05:08 PM
 
Location: Portland, Oregon
46,053 posts, read 29,519,126 times
Reputation: 7830
Quote:
Originally Posted by middle-aged mom View Post
Speculation in oil futures /indexes has a huge impact on the price we pay at the pump.
Also very true.
 
Old 02-05-2013, 05:14 PM
 
Location: Wisconsin
20,357 posts, read 13,878,171 times
Reputation: 5233
Quote:
Originally Posted by Mr.XXX View Post
Thats what you get when your dear Marxist leader backs the Eco freaks agenda...This is only the beginning "You Ain't Seen Nothing Yet!!!....Hello $10 a gallon coming soon to station near you....Don't touch that dial..Stay tuned for the continuing saga of Our Dear Marxist Leader and The Left Destroying America!!!

Consumers Taking Financial Hit From Rising Fuel Prices
I'm sure John Kerry will be criticizing 0bama for not "jaw boning" the Saudis to lower oil prices.
 
Old 02-05-2013, 05:15 PM
 
Location: Wisconsin
20,357 posts, read 13,878,171 times
Reputation: 5233
Quote:
Originally Posted by urbanlife78 View Post
Also very true.
Keystone!!
 
Old 02-05-2013, 05:23 PM
 
Location: Ohio
19,904 posts, read 14,232,069 times
Reputation: 16088
Quote:
Originally Posted by archineer View Post
This is flat out wrong, US domestic oil production peaked in 1970/71.
Without actually looking at the data, I'm inclined to agree. You'd have to look at US oil production, then and establish what it ought to be now, versus what it is now. In other words, the US might numerically be producing more, but proportionately it isn't.

Peaking...

Mircea

Quote:
Originally Posted by Wapasha View Post
It's time to approve and streamline the construction of new oil refineries.
Read oil and gas industry publications......they will not build new refineries no matter what changes in the laws you make, because the Demand for Gasoline in the US is flat over the long-term.

The Laws of Economics clearly state that you do not increase Supply when Demand is flat.

Economically...


Mircea
 
Old 02-05-2013, 05:32 PM
 
420 posts, read 284,672 times
Reputation: 124
My internet service went up five dollars per month. Thank you, Obama.
 
Old 02-05-2013, 05:55 PM
 
Location: 500 miles from home
30,022 posts, read 16,602,555 times
Reputation: 22592
My dog just developed a fatty tumor. Thank you Obama!
 
Old 02-05-2013, 06:30 PM
 
Location: London, U.K.
2,877 posts, read 3,301,217 times
Reputation: 1589
Quote:
Originally Posted by Mircea View Post
Without actually looking at the data, I'm inclined to agree. You'd have to look at US oil production, then and establish what it ought to be now, versus what it is now. In other words, the US might numerically be producing more, but proportionately it isn't.

Peaking...

Mircea
Take a look:
U.S. Field Production of Crude Oil (Thousand Barrels per Day)
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