Discussion in 'Politics' started by Paulie, Feb 23, 2012.
"He does make the point, he is 2nd in delegates..."
Somebody's gonna be in TROUBLE.... Lord knows the Establishment didn't want THAT to get out!!
Ok Ron Paul fanatics. Now is your chance to explain to us how Ron Paul's way would solve this problem:
Once again, speculators behind sharply rising oil and gasoline prices
WASHINGTON U.S. demand for oil and refined products including gasoline is down sharply from last year, so much that United States has actually become a net exporter of gasoline, unable to consume all that it makes. Yet oil and gasoline prices are surging. So much for his theories on Supply and Demand.
Still, oil's price shot up because it trades in financial markets, where Wall Street firms and other big financial players dominate the trading of oil, even though they have no intention of ever taking possession of the oil whose contracts they are trading. Even with the extra cost put on oil from Iran fears, prices are at least another $10 higher than what demand fundamentals would dictate. Why? Financial speculators. Speculators who'll never take delivery of oil made up 64 percent of the market.
Obviously these people are very strong, and the financial lobby is the strongest of any single lobby.
And their explanations don't even add up. Last year, when oil and gasoline prices rose and slowed the U.S. economy, the surging prices were explained away by traders who said that oil and other commodities moved inverse to slumping stock prices. Today, oil prices and stock prices seem to be moving in tandem upward contradicting last year's justification.
So what happened to all of the "Wall Street reform" that we were promised as part of Obama's "Hope and Change" package?
I miss the "good ol' days", back on January 19, 2009:
Regular Unleaded Gasoline: $1.85 gallon
Diesel Fuel: $2.30 gallon
Shouldn't you be asking your guy in the White House??
Why would Obama sell me on Ron Paul's approach? I'm asking Ron Paul supporters to explain to me how Ron Paul's way would handle oil speculalators who are randomly jacking up the prices 60% more than they should be. We are consuming less but that doesn't seem to be lowering the prices. Doesn't that go against how they say supply and demand works? If we consume less the price should go down. What does the great Doctor say about oil speculators? What would he do. Do you even know? Have you even thought it out that far? And you can't be a dick if you want to convince people to vote for Ron Paul. You're going to have to use logic and facts if you are going to win over a thinking progressive liberal.
Interesting how the establishment of both sides are seriously threatened by this guy to rig the gears against him. Paul ought to be complimented. Theres lots i disagree with him on, but domestically,dead in for me. Simple answer for the oil problem. Fuck glibaluzation. No more Opec. Refine,and drill our own oil. Dependence on our selves. US then having complete control.
Who's being a dick? I just figured if you wanted an answer you'd go to the place that made all the promises. I haven't got a clue about what Ron Paul would do, but I'm guessing there would be a lot more oil exploration and production here in the US. I think if we had our own stable and abundant supply of the stuff the 'speculators' wouldn't have much volatility to speculate about.
900 years of supply in our sovreign territory.....if obama doesnt sell our land to commie nations.
Volatility in the middle east creates an atmosphere ripe for speculation. Ending the wars in that area of the world would go a long way towards lowering oil prices. Also now we have an artificial increase in gas prices due to excessive regulation. Regulations that require boutique gasolines create high demand for specific types of gasoline in certain areas which keep prices high. Restrictions on domestic drilling offshore and otherwise also jack of the price because of the need to import. Based on what I have read of his positions I think he would get rid of a lot of the regulations that prevent drilling and he would work towards peace in the middle east and these two things by themselves would lower prices.
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