Obama hits Americans when they're down

[Sallow]

...or short suppply.

And the producers can manipulate supply any time they want if its in their interests.

Remember the BP oil spill? Remember what BP was doing when that well blew up? They were CAPPING IT. They weren't even going to put it on the market at that time.

Wells get capped because production costs exceed product income. Much of that cost comes from government policy. Obama is to blame.

Seriously..you believe this?

All energy companies are making record profits..and have been for the last decade or so. What's happening to all these profits? Is government collecting record revenues? Well no. Why? Because of tax loopholes. So where is it going?

Eh?

Because it isn't going to improve anything or cut the cost of gas. In fact..all those record profits aren't having much benefit at all to the economy at large.

Prices keep going up.

And the conservative solution?

Give in to big energy.

Gotta fucking love it.

 

[CrusaderFrank]

And the producers can manipulate supply any time they want if its in their interests.

Remember the BP oil spill? Remember what BP was doing when that well blew up? They were CAPPING IT. They weren't even going to put it on the market at that time.

Wells get capped because production costs exceed product income. Much of that cost comes from government policy. Obama is to blame.

Seriously..you believe this?

All energy companies are making record profits..and have been for the last decade or so. What's happening to all these profits? Is government collecting record revenues? Well no. Why? Because of tax loopholes. So where is it going?

Eh?

Because it isn't going to improve anything or cut the cost of gas. In fact..all those record profits aren't having much benefit at all to the economy at large.

Prices keep going up.

And the conservative solution?

Give in to big energy.

Gotta fucking love it.

Depreciation is a "Tax loophole"

Seriously?

 

[asaratis]

Anti Oil?
Then why has production INCREASED under his watch?


KAPOW!

ONE SHOT INSTA KILL!

Under Obama, oil, gas production on fed lands down 40%

The House committee noted White House press secretary Jay Carney has been trying to defend Obama’s “dismal energy record.”

“The fact of the matter is, on oil and gas production, we have higher oil production in this country in 2010 than we’ve had since 2003. This president is committed to an all-of-the-above approach in our energy development, which means increasing production here at home, a focus on natural gas and its importance for our energy future, as well as investments in clean energy,” Carney said.

The House committee, however, noted that the energy production is coming from private projects on private lands – and those are the driving force behind the hottest spots in the American economy right now – North Dakota with a 3.4 percent unemployment rate, Alaska with its perennially low unemployment and Texas, which has by the numbers created more jobs in recent years than the rest of the country.

“North Dakota has been the poster child for what can happen when we unleash free enterprise and allow states to develop and commercialize their resources,” explained Heritage’s Nick Loris in a recent report about the booming energy industry there. “North Dakota is drilling at record pace.”

Bluey reported that North Dakota already is at pre-recession employment levels, Alaska is good to go and Texas is making progress. He wrote that Nebraska and South Dakota are soon to follow suit, and the common factor is energy production.

...........................

Obama had zilch to do with increasing US production. Production on federal leases is DOWN 40% thanks to the Marxist Obama.

It is PRIVATE ENTERPRISE that has increased the overall US production!


KABOOM!!!

One BOMB---all liberal arguments dead!!

 

[Truthmatters]

Gallon of gas when obama took office: $1.79

Gallon of gas after three years of obama: $3.57


End of story.

OBL is dead

Iraq war is over

Economy is improving

people dont get kicked off their insurance for getting sick

Your running a pack of clowns with heavy baggage on top the clown car.

Your mind is just to simple to understand more than ONE thing at a time.

Rising oil prices slow the economy, hurt jobs, could bring inflation and makes food more expensive.

try not to show your joy.

 

[Truthmatters]

Anti Oil?
Then why has production INCREASED under his watch?


KAPOW!

ONE SHOT INSTA KILL!

Under Obama, oil, gas production on fed lands down 40%

The House committee noted White House press secretary Jay Carney has been trying to defend Obama’s “dismal energy record.”

“The fact of the matter is, on oil and gas production, we have higher oil production in this country in 2010 than we’ve had since 2003. This president is committed to an all-of-the-above approach in our energy development, which means increasing production here at home, a focus on natural gas and its importance for our energy future, as well as investments in clean energy,” Carney said.

The House committee, however, noted that the energy production is coming from private projects on private lands – and those are the driving force behind the hottest spots in the American economy right now – North Dakota with a 3.4 percent unemployment rate, Alaska with its perennially low unemployment and Texas, which has by the numbers created more jobs in recent years than the rest of the country.

“North Dakota has been the poster child for what can happen when we unleash free enterprise and allow states to develop and commercialize their resources,” explained Heritage’s Nick Loris in a recent report about the booming energy industry there. “North Dakota is drilling at record pace.”

Bluey reported that North Dakota already is at pre-recession employment levels, Alaska is good to go and Texas is making progress. He wrote that Nebraska and South Dakota are soon to follow suit, and the common factor is energy production.

...........................

Obama had zilch to do with increasing US production. Production on federal leases is DOWN 40% thanks to the Marxist Obama.

It is PRIVATE ENTERPRISE that has increased the overall US production!


KABOOM!!!

One BOMB---all liberal arguments dead!!

Can you find a respectable source next time

 

[BlindBoo]

All of Obama's anti-oil policies and political decisions are going to really hurt the middle class with these higher gas prices. Why does he want us to be poorer?

Please be specific when mentioning these alleged anti-oil policies. Why is it that crude oil production in the US is up, yet prices still go higher?

U.S. Field Production of Crude Oil (Thousand Barrels)

Imports from the ME are down too!

 

[Truthmatters]

Yes, oil production is booming under Obama. No, it hasn’t lowered gas prices. - The Washington Post

 

[LordBrownTrout]

When you include the tax breaks for the oil companies, the environment damage done by fossil fuels, and the trillions we spend in the Middle East protecting the oil supply with our military, the real cost of a gallon of gas is probably closer to $15.

If we switched to alternative energy and conservation, we wouldn't have all these additional costs.

We'd have more costs right now. Wind and solar aren't concentrated. It may be possible in thirty, forty, fifty years but not right now. The technology is not there. Currently, wind and solar are supplemental. I'd like to use solar and geothermal coils on my next house to supplement or reduce the costs of electricity. I'll have to do an analysis to see if that's feasible.

 

[WillowTree]

When you include the tax breaks for the oil companies, the environment damage done by fossil fuels, and the trillions we spend in the Middle East protecting the oil supply with our military, the real cost of a gallon of gas is probably closer to $15.

If we switched to alternative energy and conservation, we wouldn't have all these additional costs.

We'd have more costs right now. Wind and solar aren't concentrated. It may be possible in thirty, forty, fifty years but not right now. The technology is not there. Currently, wind and solar are supplemental. I'd like to use solar and geothermal coils on my next house to supplement or reduce the costs of electricity. I'll have to do an analysis to see if that's feasible.

Natual gas is where we need to be looking.

 

[Soggy in NOLA]

All of Obama's anti-oil policies and political decisions are going to really hurt the middle class with these higher gas prices. Why does he want us to be poorer?

Please be specific when mentioning these alleged anti-oil policies. Why is it that crude oil production in the US is up, yet prices still go higher?

U.S. Field Production of Crude Oil (Thousand Barrels)

Imports from the ME are down too!

It has a lot to do with the ever decreasing value of the U.S. $.....

 

[GuyPinestra]

Production is DOWN 40% on Federal lands, the increase in production is from PRIVATE lands.

 

[saveliberty]

OBL is dead

Iraq war is over

Economy is improving

people dont get kicked off their insurance for getting sick

Your running a pack of clowns with heavy baggage on top the clown car.

Your mind is just to simple to understand more than ONE thing at a time.

Rising oil prices slow the economy, hurt jobs, could bring inflation and makes food more expensive.

try not to show your joy.

No joy here, just trying to get the left to help change Obama's mind or help us elect a better president.

 

[saveliberty]

And the producers can manipulate supply any time they want if its in their interests.

Remember the BP oil spill? Remember what BP was doing when that well blew up? They were CAPPING IT. They weren't even going to put it on the market at that time.

Wells get capped because production costs exceed product income. Much of that cost comes from government policy. Obama is to blame.

Seriously..you believe this?

All energy companies are making record profits..and have been for the last decade or so. What's happening to all these profits? Is government collecting record revenues? Well no. Why? Because of tax loopholes. So where is it going?

Eh?

Because it isn't going to improve anything or cut the cost of gas. In fact..all those record profits aren't having much benefit at all to the economy at large.

Prices keep going up.

And the conservative solution?

Give in to big energy.

Gotta fucking love it.

They are making profits because they don't use expensive oil, they cap it. Speaking of record profits, state and federal governments are making record sales tax incomes off of oil products. The government loses with lower prices. Obama loses with green industries if oil prices drop.

 

[GuyPinestra]

Obama Administration Spins U.S. Oil Production Numbers, Takes Credit for Predecessors’ Pro-Energy Policies
WASHINGTON, D.C., March 10, 2011 - This week, under mounting public pressure as gasoline prices near the $4 mark, the White House published a blog post touting increased domestic oil production. The Administration was in full SPIN mode, taking credit for actions that were put in place before they took office and ducking forecasts of declining U.S. oil production caused by their own actions that have blocked American energy production.

SPIN: “Oil production last year rose to its highest level since 2003.”

RINSE:

The Obama Administration’s actions have caused domestic energy production to decrease.

In 2007, the U.S. Energy Information Administration (EIA) projected total 2010 U.S. oil production on federal lands to be 850 million barrels. Today’s actual production on federal lands is 714 million barrels, a 16 percent decline from what was projected. If it wasn’t for the Obama Administration, the U.S. would be producing more energy.

This is why FUTURE projections show a decline in U.S. production and an increase in imports. On March 8, 2011 the EIA published new projections that show a decline in total U.S. crude oil production of 110,000 barrels per day in 2011 and 130,000 barrels per day in 2012.

Finally, the White House does not explain that the vast majority of increased production is occurring on private lands, not public. For example, North Dakota alone produced almost 120 million barrels of oil in 2010, compared to just over 20 million in 2003. The majority of North Dakota’s production is on private land. This begs the question, why are we not using our federal lands to create American jobs and produce American energy resources to lower prices?

SPIN: “Onshore oil production from public lands has also increased over the last year, from 109 million barrels in 2009 to 114 million barrels in 2010.”

RINSE:

The slight increase in onshore production from federal lands is due to lease sales approved by previous Administrations—not the Obama Administration.

Since taking office, the Obama Administration has slowed onshore energy development on public lands and issued fewer leases.

In 2008 there were 2,416 new oil and natural gas leases issued on Bureau of Land Management (BLM) land spanning 2.6 million acres. In 2010, under the Obama Administration, the number of new leases issued dropped to 1,308 and acres leased dropped to 1.3 million.

The total onshore acreage leased under the Obama Administration in 2009 and 2010 are the lowest in over two decades, stretching back to at least 1984.

SPIN: “From 2008 to 2010, oil production from the Outer Continental Shelf increased more than a third – from 446 million barrels in 2008 to an [sic] more than 600 million barrels of estimated production in 2010.”

RINSE:

Once again, the Obama Administration is attempting to take credit for actions they had nothing to do with. The strong production in the Gulf was due to leases issued in 1996-2000 under the Deepwater Royalty Relief Act – long before President Obama took office.

The Obama Administration’s actions, such as imposing a de facto moratorium, are causing energy production to decline in the Gulf of Mexico. EIA shows a 300,000 barrel per day decline in current Gulf production and a projected Gulf decline of over 150 million barrels of oil in 2012.

 

[saveliberty]

So that leaves us with why does Obama want the middle class to starve?

 

[GuyPinestra]

So that leaves us with why does Obama want the middle class to starve?

That's an EASY one.... More government DEPENDENTS...

 

[Peach]

its better than no honesty like you FR

PRODUCTION is UP. How is Obama to blame for the higher prices? He cannot control the Petroleum industry, that IS socialism.

 

[HUGGY]

All of Obama's anti-oil policies and political decisions are going to really hurt the middle class with these higher gas prices. Why does he want us to be poorer?

Obama hits Americans when they're down


You sound like freakin Jimmy Carter.

 

[saveliberty]

its better than no honesty like you FR

PRODUCTION is UP. How is Obama to blame for the higher prices? He cannot control the Petroleum industry, that IS socialism.

US production, we use far more oil than that. His policies have stopped MORE production, how hard is that to understand?

 

[GuyPinestra]

its better than no honesty like you FR

PRODUCTION is UP. How is Obama to blame for the higher prices? He cannot control the Petroleum industry, that IS socialism.

Production is up DESPITE Obama's policies, not BECAUSE of them. Please see my post on the previous page...