Price of gas going down substantially because of Iran deal! (health care, premium)

[jojajn]

Originally Posted by thecoalman

This may put pressure on US suppliers but no where near what OPEC is capable of. Now back to the question you avoided:

A long term drop in oil prices.

[saltine]

What I want to know is why does the price at the pump increase overnight when the price of crude increases? And it doesnt drop overnight when the price of crude drops... Btw $*(^ Iran and the moron in the house

[pghquest]

Originally Posted by jojajn

A long term drop in oil prices.

Lets see what you had to say about the price of oil in the past.. I wonder how many times you've flip flopped on the issue.

The Keystone pipeline will have no effect on our gas prices. In fact, the pipeline will actually increase the price of gas in the Midwest. This is because Canada will then have the means to export globally whereas now most of it is piped only as far as the Midwest creating an abundant supply (supply/demand effect on price) there
So increasing the supply of oil from Canada will increase the price of gas, but increasing the supply of oil from Iran is causing it to fall?

Please share with me whats so special about the Iran oil.

Originally Posted by jojajn

waxahootaman, I doubt that your state will see any benefit from offshore drilling. You mention Wyoming but what about Alabama, Miss and La, which you mention in your second post. Do they reap huge royaties also?

So increasing the supply of oil from off shore isnt going to reduce the price of gas, but only that special oil from Iran can do it..

Again, whats so special about it?

Originally Posted by jojajn

Compared to the 275% increase in the price of gas under Bush, yes. As far as "the fact" that gas is more than likely go go higher, should tell you that it is time to work on alternative fuel sources and tell the gouging oil companies that they no longer hold us hostage and that they can go to hell!

So gas was going to go higher, not that long ago and the only solution was alternative fuel sources..

Originally Posted by jojajn

Wouldn't matter if the oil companies drilled more in the US because it would all be exported for profit to these oil companies. You are naive to believe that if we subsidize oil companies and let them drill the hell out of our natural resources, that they would give us a break at the pump!

So if we drilled more, it wouldnt matter if we increased the supply, because they would just export it. Since all oil enters the same world wide supply, please share with me why iran oil entering the supply is dropping the price, but not if the US drilled more and allowed that to enter the supply?

Originally Posted by jojajn

Me thinks that the current situation has to do with profits for oil companies and speculators. Great arguments are being made here for a need to nationalize oil companies that drill here.

Ahhh, oil went up because of speculation. Got it, so what happened to all the speculators? Did they kill themself or something?

Originally Posted by jojajn

Obama hasn't left office yet so you are comparing apples to oranges. Get back to us when you have some reliable statistics. LOL!!

BTW, are you saying that the president is responsible for the price of gasoline?

is the President, or not, responsible for the price of oil?

Originally Posted by jojajn

What was the average price of gas during Bush's eight years of presidency? LOL!!!!!!!!!!!!

Ahh, its the AVERAGE price of gas during Bush that matters, but not Obamas..

Originally Posted by jojajn

We don't want another "Bush worse ever recession" just to lower gas prices. Obama can lower the price without busting the economy to do it.

Ooooh, the price of gas prices fell because we had a recession under Bush.. I guess this means the economy is tanking under Obama.. oh wait..

Originally Posted by jojajn

Obama was instrumental is lowering overall demand for gas in the US which has an effect on lowering the price. (Thanks for playing)

Right before gas prices hit record levels

Originally Posted by jojajn

Are you advocating increasing the minimum wage and nationalizing oil companies? This would be the only way Obama could control the price of gas and increase the average income.

So Presidents cant control the price of gas? A minute ago Bush was responsible..

Originally Posted by jojajn

Do you want Obama to nationalize oil companies to maintain and control the price of gas at the pump?

So the only way to reduce the price of gas is to nationalize the oil companies?

Guess you were wrong again..

Originally Posted by jojajn

Gas prices are dropping quite dramatically. Of help is the competition from green energy initiatives.

Wait, I thought green energy was dropping the price of gas, dramatically.. haha

Originally Posted by jojajn

Gas Prices Hit All-Time Record High For Early February---Thank You Obama

So they hit an all time record for early February, despite all of the "successes" listed above? ooooh my..

Originally Posted by jojajn

Keystone XL backers say it's a matter of national security - UPI.com

I am having a hard time connecting the dots of how allowing another country to build, an aquifer risking, pipeline from our north border to our southern port for export, would help our national reserves or our national security. In fact, this pipeline will actually increase the price of gas in most US states.

Consumer Watchdog Report Shows Keystone XL Raises American Gas Prices | Consumer Watchdog

So we shouldnt rely upon another country to supply us with oil.. ooh wait, iran? yeah, now its a good idea..

ooh I could go on, but I think the amount of flip flopping the left will do in order to claim Obama is "successful" while making excuses for his failures, is very obvious

[pghquest]

Originally Posted by jojajn

A long term drop in oil prices.

So increasing the supply provides long term oil price drops... Which is true..

Unless of course we're discussing oil from off shore drilling, canada imports, arctic drilling, governmental property drillings, etc..

its ONLY oil from IRAN thats so special that will cause a drop.. everything else will actually be harmful..

right.. ridiculous what you have been peddling, now all of a sudden you admit you left wing kooks have been wrong, (as we all knew it) FOR YEARS..

[jojajn]

Originally Posted by pghquest

Lets see what you had to say about the price of oil in the past.. I wonder how many times you've flip flopped on the issue.

The Keystone pipeline will have no effect on our gas prices. In fact, the pipeline will actually increase the price of gas in the Midwest. This is because Canada will then have the means to export globally whereas now most of it is piped only as far as the Midwest creating an abundant supply (supply/demand effect on price) there
So increasing the supply of oil from Canada will increase the price of gas, but increasing the supply of oil from Iran is causing it to fall?

Please share with me whats so special about the Iran oil.

So increasing the supply of oil from off shore isnt going to reduce the price of gas, but only that special oil from Iran can do it..

Again, whats so special about it?

So gas was going to go higher, not that long ago and the only solution was alternative fuel sources..

So if we drilled more, it wouldnt matter if we increased the supply, because they would just export it. Since all oil enters the same world wide supply, please share with me why iran oil entering the supply is dropping the price, but not if the US drilled more and allowed that to enter the supply?

Ahhh, oil went up because of speculation. Got it, so what happened to all the speculators? Did they kill themself or something?

is the President, or not, responsible for the price of oil?

Ahh, its the AVERAGE price of gas during Bush that matters, but not Obamas..

Ooooh, the price of gas prices fell because we had a recession under Bush.. I guess this means the economy is tanking under Obama.. oh wait..

Right before gas prices hit record levels

So Presidents cant control the price of gas? A minute ago Bush was responsible..

So the only way to reduce the price of gas is to nationalize the oil companies?

Guess you were wrong again..

Wait, I thought green energy was dropping the price of gas, dramatically.. haha

So they hit an all time record for early February, despite all of the "successes" listed above? ooooh my..

So we shouldnt rely upon another country to supply us with oil.. ooh wait, iran? yeah, now its a good idea..

ooh I could go on, but I think the amount of flip flopping the left will do in order to claim Obama is "successful" while making excuses for his failures, is very obvious

LOL! You have enough here for a dissertation.

About the Keystone Pipeline: it will increase the price of gas in the Midwest because that is as far as the Canadian Pipeline presently goes and, as such, there is an increase supply in the Midwest that would drop if Canada can pipe it to be exported.

[pghquest]

Originally Posted by saltine

What I want to know is why does the price at the pump increase overnight when the price of crude increases? And it doesnt drop overnight when the price of crude drops... Btw $*(^ Iran and the moron in the house

Actually there is a very logical reason for that.

Gasoline companies buy their gas in large volume, and they operate on very slim profit margins. They get something like $.03 per gallon.

So if they buy it from their supplier at $2.50, they sell it for $2.53 (give or take)..

So if the wholesale price of gas falls, they still have to unload the gas they bought at $2.50, because they cant drop the price any or they begin to lose money..

If the price increases, then the gasoline stations will increase their price because they know during their next refill, they will have higher overhead costs since it now costs more money.

[thecoalman]

Originally Posted by jojajn

A long term drop in oil prices.

US and Canadian producers are already providing that benefit. Because that oil costs more to extract with OPEC and Iranian oil flooding the market the potential exists for them to go out of business which leaves us with the same gun we have had pointed to our head for decades. Short term you'll save money but you need to look far beyond a year or two.

You are willing to accep a few dollars for the short term over this:

• The Keystone pipeline will provide jobs directly and indirectly. Some short term, some long term. We can debate about how many but undeniably it will create jobs.
• It will secure a domestic supply of oil that cannot be interrupted by outside influences.
• It will help put pressure on OPEC preventing them from monopolizing the market.

[Brave Stranger]

Originally Posted by pghquest

Lets see what you had to say about the price of oil in the past.. I wonder how many times you've flip flopped on the issue.

The Keystone pipeline will have no effect on our gas prices. In fact, the pipeline will actually increase the price of gas in the Midwest. This is because Canada will then have the means to export globally whereas now most of it is piped only as far as the Midwest creating an abundant supply (supply/demand effect on price) there
So increasing the supply of oil from Canada will increase the price of gas, but increasing the supply of oil from Iran is causing it to fall?

Please share with me whats so special about the Iran oil.

So increasing the supply of oil from off shore isnt going to reduce the price of gas, but only that special oil from Iran can do it..

Again, whats so special about it?

So gas was going to go higher, not that long ago and the only solution was alternative fuel sources..

So if we drilled more, it wouldnt matter if we increased the supply, because they would just export it. Since all oil enters the same world wide supply, please share with me why iran oil entering the supply is dropping the price, but not if the US drilled more and allowed that to enter the supply?

Ahhh, oil went up because of speculation. Got it, so what happened to all the speculators? Did they kill themself or something?

is the President, or not, responsible for the price of oil?

Ahh, its the AVERAGE price of gas during Bush that matters, but not Obamas..

Ooooh, the price of gas prices fell because we had a recession under Bush.. I guess this means the economy is tanking under Obama.. oh wait..

Right before gas prices hit record levels

So Presidents cant control the price of gas? A minute ago Bush was responsible..

So the only way to reduce the price of gas is to nationalize the oil companies?

Guess you were wrong again..

Wait, I thought green energy was dropping the price of gas, dramatically.. haha

So they hit an all time record for early February, despite all of the "successes" listed above? ooooh my..

So we shouldnt rely upon another country to supply us with oil.. ooh wait, iran? yeah, now its a good idea..

ooh I could go on, but I think the amount of flip flopping the left will do in order to claim Obama is "successful" while making excuses for his failures, is very obvious

Thanks for digging this up & exposing this fraud.

[TrafficCory]

Originally Posted by jojajn

LOL! You have enough here for a dissertation.

About the Keystone Pipeline: it will increase the price of gas in the Midwest because that is as far as the Canadian Pipeline presently goes and, as such, there is an increase supply in the Midwest that would drop if Canada can pipe it to be exported.

You were just absolutely skewered in his post. I mean that was a monumental takedown and this is your reply?

No response to your outright lies? No response to your obvious bias? No reponse to your multipple changes in your stance based on whimsy and fancy?

Nothing? Just more blather?

You should actually take a break from here, but a just a short one. Your hypocrisy and complete and utter lack of self awareness is actually amazing to witness in real time.

[jojajn]

Originally Posted by TrafficCory

You were just absolutely skewered in his post. I mean that was a monumental takedown and this is your reply?

No response to your outright lies? No response to your obvious bias? No reponse to your multipple changes in your stance based on whimsy and fancy?

Nothing? Just more blather?

You should actually take a break from here, but a just a short one. Your hypocrisy and complete and utter lack of self awareness is actually amazing to witness in real time.

No. I have been consistent throughout. I don't even know what point that diarrhea of a post was trying to make.