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WASHINGTON (AP) — President Barack Obama is asking major oil producing countries to increase their supplies to help stabilize prices. In interviews with Detroit and Virginia TV stations (WXYZ and WTKR) Tuesday, Obama said countries like Saudi Arabia can make up the oil shortage created by the war in Libya.
"the oil shortage created by the war in Libya" Oh you mean the one Obama is perpetuating?
Last edited by Frank DeForrest; 04-27-2011 at 09:24 AM..
Will somebody please tell President Boo-Boo that America is an oil producing country?
He seems to forget that his policies and actions of the executive branch have hindered production. Nothing like asking someone else to step up and cover your mistakes.
Will somebody please tell President Boo-Boo that America is an oil producing country?
He seems to forget that his policies and actions of the executive branch have hindered production. Nothing like asking someone else to step up and cover your mistakes.
A) The U.S. doesn't have enough oil reserves compared to consumption.
B) The U.S. government has no authority to order privately owned oil companies to up supply. If Obama did that, the first thing the hard-right would yell is "Socialism!" Oil companies do what they do for their own self-interest.
C) The cause of the current high price is not lack of supply. I haven't seen a gas line in 30 years. Have you?
*With all the larger oil reserves in the world, including Saudi Arabia, why focus on local drilling which doesn't go to "us" anyway?
*There is no oil shortage. Demand is low. The prices are due to Wall Street speculation and market manipulation.
*The oil companies are multinational with no allegiance to this country whatsoever. The U.S. is nothing nothing more than a milk cow to them. If America goes down the tubes, they won't even blink! America as a third-world nation is the dream of Republican oligarchs and a minor nuisance for Big Oil.
*There are three wars in progress, you're not concerned about the Republican-owned ones? They are bigger, and creatures of the corporate right, including oil companies. Many more Americans have died in these!
*With all the larger oil reserves in the world, including Saudi Arabia, why focus on local drilling which doesn't go to "us" anyway?
*There is no oil shortage. Demand is low. The prices are due to Wall Street speculation and market manipulation.
*The oil companies are multinational with no allegiance to this country whatsoever. The U.S. is nothing nothing more than a milk cow to them. If America goes down the tubes, they won't even blink! America as a third-world nation is the dream of Republican oligarchs and a minor nuisance for Big Oil.
*There are three wars in progress, you're not concerned about the Republican-owned ones? They are bigger, and creatures of the corporate right, including oil companies. Many more Americans have died in these!
What a disconnected rant and for the record I am against all four of our wars of aggression.
How about if we drill here, overall supply is increased (which seems to be Obamas motive here, if you bothered to read) while at the same time Americans get jobs.
a barrel of oil produced here does not help the price of oil any more than a barrel of oil pumped from Saudi Arabia. This is as stupid as saying every oz of gold found in Alaska will make the price here cheaper than if its produced in China. NOT. This is the drill baby drill stupidity of the nascar right. Thats what you get for rotating your head in right hand turns for hours, rube syndrome.
a barrel of oil produced here does not help the price of oil any more than a barrel of oil pumped from Saudi Arabia. This is as stupid as saying every oz of gold found in Alaska will make the price here cheaper than if its produced in China. NOT. This is the drill baby drill stupidity of the nascar right. Thats what you get for rotating your head in right hand turns for hours, rube syndrome.
NASCAR LOL
Tell us, with all your superior intellect why don't you want to see Americans back at work?
Will somebody please tell President Boo-Boo that America is an oil producing country?
He seems to forget that his policies and actions of the executive branch have hindered production. Nothing like asking someone else to step up and cover your mistakes.
It is part of the globalist plan for the redistribution of wealth from the USA. Obama is doing what he is told. He is a disaster to this country and every lemming who supports him is taking a hit in the pocket daily.
The Obama energy policy of no expansion of production except through "renewables" does nothing to raise up the welfare class, it just brings everyone else down to parity. This is the plan, just as it has been with education. Destroy American exceptionalism, destroy the country.
Obama is going to have to provide stimulus for restarting the buggy whip industry by the time he is done with his progressive energy plan.
We'll be on horses or trains just like the 19th century.
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