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Define proponents. And answer my questions you left out in your response. Thank you.
Clearly its a typo and I meant opponents, well to anyone with common sense.
Quote:
Originally Posted by florida.bob
How could anyone possibly educate the one who knows all?
Ahh, more attacking other posters personally, rather than disputing facts. i'm waiting for you ANYTHING of substance.. ANYTHING, which says I'm wrong.
Quote:
Originally Posted by swagger
He could have allowed more drilling and it would have had the same effect on oil prices. The SPR is there to keep our country running during a SHTF scenario, and should completely off limits for use as a political tool. I am VERY disappointed in this move.
That would anger the left wing base. Elections are coming soon, time for Obama to firm up his support with the left wing kooks who clearly cant comprehened basic economics. Just look at their responses to this thread.
He could have allowed more drilling and it would have had the same effect on oil prices. The SPR is there to keep our country running during a SHTF scenario, and should completely off limits for use as a political tool. I am VERY disappointed in this move.
How long do you think it takes from drilling permit to producing well of the type of oil used to produce gasoline? This assertion is a GOP talking point intended to confuse people who are unaware of the process, that is all.
It is funny that Obama does things that the American people like, like pulling troops out of wars, cutting gas prices a little, getting people access to HC, ... and on and on. That is hilarious stuff!
The Republicans complained that he was anti-American for planning on pulling troops out of the wars before his election.
Then the Republicans complained that he was surging troops into Afghanistan.
Then the Republicans complained that he wasn't removing troops from the wars.
Then the Republicans complained that he got Osama bin Laden.
Then the Republicans complained that he wasn't doing anything to stop Gaddhafi in Libya.
Then the Republicans complained that he should stop messing around in Libya.
Then the Republicans complained that he isn't doing anything in Syria.
Then the Republicans complained that he got us into more wars.
Then the Republicans complained when he announced a plan to pull troops out of the wars.
Complain, Complain, Complain. The Republicans know of nothing else to do.
It is funny that Obama does things that the American people like, like pulling troops out of wars, cutting gas prices a little, getting people access to HC, ... and on and on. That is hilarious stuff!
It is funny that Obama does things that the American people like, like pulling troops out of wars, cutting gas prices a little, getting people access to HC, ... and on and on. That is hilarious stuff!
Oh, I'm beyond excited that my gas will be .20/gal cheaper. It almost offsets the $1.50/gal it's gone up in 2 years.
Have you not been paying attention to the stock market and oil prices together over the past several years?
When oil was sky-high in 2008, and the stock market crashed, where did oil go? Guess what: not up.
Over the course of the recovery when the stock market went up, guess where oil went? Not down.
It is a sad fact that oil prices are being so heavily linked to the stock market. It just shows how much influence the speculators have on a commodity that needs to be nationalized.
You just validated my point..
When oil was sky high, the stock market went down..
And yes, oil indeed went down, or are you unaware of that?
How long do you think it takes from drilling permit to producing well of the type of oil used to produce gasoline? This assertion is a GOP talking point intended to confuse people who are unaware of the process, that is all.
Isnt Obama the President? You telling me that he cant fast track drilling permits? The excuses from you is utterly amazing..
Ooh brother, I dont know why I spend so much time educating people who clearly havent spent any time in economics classes..
1) The fact that its a 1.5 day supply, and the oil is dropping so fast, would equate to a temporary drop that will simply go back up as people who have margined accounts stopp getting margined out of their positions.
2) The oil needs to be REPURCHASED, which will increase the demand on future production, which will then increases prices AGAIN..
3) With lower oil prices, the stock market should be HIGHER. I'm simply stating FACTS.. Lower oil prices equal higher profits for companies that rely heavily upon oil, like UPS, airlines, etc, and they are DOWN.. THATS NOT NORMAL.
You can sit here and come to the conclusion that Im posting FACTS, simply because I dont like Obama, but that would mean you dont like the FACTS, and can only attack me, rather then the facts posted.
Since it is all about putting everything on Obama's ledger, I'm not surprised you don't care about any drop in prices. You only "care" about increasing prices. This is not a secret. So, stop worrying about being an educator, just be open to debate and respond with directness. That is why we all come to a discussion forums, right?
So, I must ask (again), do you think it is the President's responsibility to reign in on oil prices and to ensure welfare of the stock market?
Quote:
Originally Posted by pghquest
Isnt Obama the President? You telling me that he cant fast track drilling permits? The excuses from you is utterly amazing..
Drilling permits to drill where? And how long do you think it takes from permits to actual production/supply? And of course, if Bush had fast tracked drilling permits, we would not have had 2008 oil price debacle, no? Things are as simple as how quickly drilling permits are issued, right?
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