The Price of Gas in 2016 if Obama is re-elected

Discussion in 'Politics' started by Wiseacre, Mar 11, 2012.

  1. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    It is the stated goal of the Obama administration to raise the price of gas to reduce consumption of oil and gas. They make no bones about it, they want the price of gas to reach the price in Europe, which is $8 - $20 bucks in some places. Are you ready for that? How much will economic growth be stunted if he is the president for 4 more years?

    How much more taxpayer money will be pissed away on "investments" like Solyndra? Or high-speed rail? Companies that cannot be profitable without gov't subsidies, are you okay with flushing tens, eventually hundreds of billions down the tubes on crap like that? Have you seen the story about the wind farm in the pacific northwest? We paid millions to build a wind farm, subsidize the operations, and now the energy users gotta pay the wind company for lost revenues when they shut down production? Are you fucking kidding me? And it'll be a regular occurrence, the bill could run up to $50 million a year, and the customers will have to pay more. And you wanna vote for this?


    snippet:
    " Wind farms in the Pacific Northwest -- built with government subsidies and maintained with tax credits for every megawatt produced -- are now getting paid to shut down as the federal agency charged with managing the region's electricity grid says there's an oversupply of renewable power at certain times of the year. "


    Wind Farms In Pacific Northwest Paid To Not Produce | Fox News
     
    Last edited: Mar 11, 2012
  2. Sweet Willy
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    Sweet Willy BANNED

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    I haven't seen any stated goal of the admin to intentionally raise gas prices. I mean, it surely may exist, but I haven't heard this.

    As far as the solar companies going belly up, I understand that the Chinese flooded the market to undercut our investment and yank the rug out from under our producers. Any truth to that?
     
  3. nitroz
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    nitroz INDEPENDENTly ruthless

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    No it won't.

    You act like people will just sit there and take it.



    The highest I've seen gas anywhere was in the middle of London for 9 pounds.
     
  4. naturegirl
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    naturegirl Silver Member

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    9 pounds in US Dollars is somewhere around $14.00..........the exchange rate is .7620 as of March 11, 2012. USDEUR=X Basic Chart | USD/EUR Stock - Yahoo! Finance

    Don't let the facts confuse you.
     
  5. konradv
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    konradv Gold Member

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    9 lbs for what? Don't they go by the litre? BTW, 9 lbs= $11.81.
     
    Last edited: Mar 11, 2012
  6. konradv
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    konradv Gold Member

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    At 9lb/L gas would be $44.70/gal! :doubt:
     
  7. Douger
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    Douger BANNED

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    Shit. I need to make my rounds today and gather up 100 or so gallons of waste oil.A lil heat, filter changes, some bug juice, and I'm set for 6 months. You guys actually buy energy ???
    I'll bet you even own a suit or three ! :confused:
     
  8. uscitizen
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    uscitizen Senior Member

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    The price of gas if Obama is reelected? About the same as if he is not reelected.
     
  9. nitroz
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    nitroz INDEPENDENTly ruthless

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    I believe their measurement of the liter is different than our measurement of the unit.

    But not sure.
     
  10. uscitizen
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    uscitizen Senior Member

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    A liter is a liter. Now there are a couple of different gallon measurements.
    US and Imperial I think.
     

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