Obama: "Enery prices will necessarily skyrocket". thank God he failed at that too!!

[bedowin62]

Obama: My Plan Makes Electricity Rates Skyrocket - YouTube
▶ 1:04
www.youtube.com/watch?v=HlTxGHn4sH4

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Mar 18, 2009 - Uploaded by BattleBornPAC
... of a cap and trade system, electricity rates would necessarily skyrocket. ... Well, he got his way....... and ...

 

[healthmyths]

Hey.... Fool-For-Obama (FFOs) had obviously never read his book where he TOLD US he was going to LIE and cheat!
from his book... "Dreams from My Father"...published July 18,1995!
"It was usually an effective tactic, another one of those tricks I had learned.
People were satisfied so long as you were courteous and smiled and made no sudden moves.
They were more than satisfied. They were revealed.
Such a pleasant surprise to find a well-mannered young black man who didn't seem angry all the time."

Remember he told us he was going to make fools out of those that believed him! He was an ANGRY BLACK MAN!

 

[waltky]

Just wait till Jeb Bush's cronies start sellin' our oil supplies overseas - then ya really gonna see gas prices jump up here...

Oil climbs on weak US dollar, Middle East worries
Sun, Oct 11, 2015 - Global oil prices hit multimonth peaks on Friday on the back of the struggling US dollar and increasing geopolitical turmoil in the crude-rich Middle East, dealers said. Brent North Sea crude for delivery in November added US$0.56 to stand at US$53.61 per barrel just after midday in London, having earlier hit US$54 — the highest since late August.

US benchmark West Texas Intermediate for delivery in November won US$0.96 to US$50.39 per barrel compared with Thursday’s close. The contract had earlier touched a 2.5-month peak at US$50.58. “Oil prices are continuing to rise, as they have been in recent days,” Commerzbank analyst Carsten Fritsch said. “Increased risk appetite coupled with a weaker US dollar is giving tailwind to the oil prices. In addition, some market observers have made optimistic remarks about the future development of the market.”

The flagging greenback makes dollar-priced oil cheaper for buyers using stronger currencies, which tends to stimulate demand and prices. Meanwhile, Russia continued to launch airstrikes in Syria in support of Syrian President Bashar al-Assad. “Russia’s military intervention in support of Assad has finally turned the war in Syria into a proxy war between the world powers, which significantly increases the geopolitical risks,” Fritsch added. Crude futures also climbed on Friday on hopes that increasing demand and declining US crude production would ease a supply glut.

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House Passes Bill Repealing Ban on Crude Oil Exports in Place Since 1975
October 12, 2015 | The U.S. House of Representatives passed a bill on Friday that repeals the ban on crude oil exports, which was originally imposed by the Energy Policy and Conservation Act of 1975 as a response to the 1973 oil crisis.

“Lifting the ban on crude exports will put Americans to work, enhance our national security, and lower gas prices,” said Rep. Joe Barton (R-Texas) in a press release. Barton is chair emeritus of the House Committee on Energy and Commerce, and introduced the bill in February. The bill “prohibits any federal official from imposing or enforcing any restriction on the export of crude oil,” according to a summary of the bill, which passed the House on a 261-159 vote. The committee held a hearing on the bill in July.

During the floor debate on Friday, Rep. Sanford Bishop (D-Ga.) referred to the bill as “much needed legislation which would lift the arbitrary ban on the export of one of our country's most abundant natural resources, crude oil.” “The current ban on exports is a relic of a different time, before we as a nation knew just how much crude oil we have stored in the earth across this country,” said Bishop. “We are in the position of showing the world that we can provide a stable source of energy to friendly countries around the globe,” he said. “Our supplies will dilute the market share of unfriendly countries and weaken their grip on our democratic ally nations who have to depend on some of our unfriendly countries for their oil supply. We can provide an alternative source to those who don't want to support our adversaries and their adversaries.”

But Rep. Anna Eshoo (D-Calif.) criticized the bill, saying, “Given the continued dependence of our economy and our military on oil, energy independence remains critical to our national defense. But with little consideration of any national security implications, this bill allows unlimited exports of a critical strategic resource.” “Under current law, the president can allow exports of crude oil if he finds they are in the national interest,” said Eshoo. “This bill would allow unlimited exports regardless of whether they are in the national security interest of the United States or not.”

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[bedowin62]

wtf???


OUR OIL IS ALREADY SOLD OVERSEAS. YOU'RE whining about the repeal of a FORTY-YEAR OLD BILL??

 

[Timmy]

How come obama doesn't get credit for cheap fuel prices ?

 

[bedowin62]

How come obama doesn't get credit for cheap fuel prices ?

what did he do to promote or enable cheap fuel prices?? anything his own Party is proud of genius???

 

[Obiwan]

How come obama doesn't get credit for cheap fuel prices ?

Because his policies (such as his opposition to fracking) were designed to give us $9/gal gas, by his own admission


Thank God the oil companies told him to STFU...

 

[TNHarley]

How come obama doesn't get credit for cheap fuel prices ?

Why would he?

 

[bodecea]

Good thing I don't need to buy any enery.

 

[Wildman]

He was an ANGRY BLACK MAN!

ahhhh.., make that an ANGRY MULATTO SUB-HUMAN MAN!!

 

[Wildman]

How come obama doesn't get credit for cheap fuel prices ?

he does not own any oil wells.

 

[healthmyths]

wtf???


OUR OIL IS ALREADY SOLD OVERSEAS. YOU'RE whining about the repeal of a FORTY-YEAR OLD BILL??

WOW! You'd better tell Congress! They obviously are not as well informed as you are.
It's possible that there were some restrictions in some cases that this latest legislation removes.
But of course Obama will:
Mr. Obama earlier this week threatened to veto the bill, which passed the House with bipartisan support by a vote of 261 to 159 on Friday afternoon. Twenty-six Democrats voted in favor of the bill.
House approves bill ending oil export ban - Washington Times

The U.S. passed the ban in 1975 on most -- though not all -- exports of crude oil on the heels of an OPEC oil embargo. That embargo sent oil prices skyrocketing and took a huge toll on the U.S. economy, which had grown dependent on foreign oil.
U.S. oil exports: Coming soon?
So please tell Congress they are wrong ok??

 

[TNHarley]

Good thing I don't need to buy any enery.

yea, im sure you are using solar panels to get on the internet. Arent ya, bodey?

 

[Obiwan]

Good thing I don't need to buy any enery.

Learn to harness all that hot air???

 

[healthmyths]

Good thing I don't need to buy any enery.

yea, im sure you are using solar panels to get on the internet. Arent ya, bodey?

I bet bodecea is using personal methane gas on those days when it's not sunny.