Remodeling Maidiac
Diamond Member
- Banned
- #1
Could it be because he had to yet again try to push his energy policy? And why is he releasing part of our oil reserves now when prices seem to be on the decline?
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The Bilderberg Group, The CFR and the Tri-Laterall Commission have never had as big a puppet in the Presidency as they have in Obama. He must be re-elected.Could it be because he had to yet again try to push his energy policy? And why is he releasing part of our oil reserves now when prices seem to be on the decline?
The Dow has been jumping up and down over the last few months. Lower gas prices should help spur the economy as people will have more money to spend. Gas prices where I live have dropped $1.00 per gallon in the last month to two months, from a high of $4.19 to $3.19 yesterday.
I'm just curious though. Since so many of you have blamed Obama directly for the high gas prices, are you now going to credit him with bringing them down, or are you going now going to start telling us how bad this is for the economy?
The Dow has been jumping up and down over the last few months. Lower gas prices should help spur the economy as people will have more money to spend. Gas prices where I live have dropped $1.00 per gallon in the last month to two months, from a high of $4.19 to $3.19 yesterday.
I'm just curious though. Since so many of you have blamed Obama directly for the high gas prices, are you now going to credit him with bringing them down, or are you going now going to start telling us how bad this is for the economy?
Could it be because he had to yet again try to push his energy policy? And why is he releasing part of our oil reserves now when prices seem to be on the decline?
"Stocks tumbled on Thursday as a sharp drop in oil fueled an already weak market that faltered after Federal Reserve Chairman Ben Bernanke's downbeat comments a day earlier.
U.S. crude futures dropped 4.4 percent and the dollar climbed sharply after the International Energy Agency (IEA) said it will release 60 million barrels of oil from strategic stockpiles to help the global economy."
Mr. Shaman, you must be the biggest douche bag on this whole board.
I, along with many I'm sure, dont' even read your posts any more. Your attempt to be cool with the font and color changes is just lame dude.
Just wanted to let you know. When you start typing in normal text like the rest of us I'll read the dribble you put up.
The Dow has been jumping up and down over the last few months. Lower gas prices should help spur the economy as people will have more money to spend. Gas prices where I live have dropped $1.00 per gallon in the last month to two months, from a high of $4.19 to $3.19 yesterday.
I'm just curious though. Since so many of you have blamed Obama directly for the high gas prices, are you now going to credit him with bringing them down, or are you going now going to start telling us how bad this is for the economy?
Thursday’s release of 60 million barrels of crude reserves is not about keeping oil consumers well-supplied. It’s about chasing oil speculators out of the market.
And it seems to be working.
“This is the straw that breaks the camel’s back — this is the tipping point,” said Fadel Gheit, oil analyst for Oppenheimer, a leading investment bank. “The speculators will have to change their positions. Instead of betting on higher prices they have to bet on lower prices."
Bursting the speculative oil bubble would also provide stimulus to a weak U.S. economy at a time when both the Fed’s monetary stimulus and the government’s spending stimulus are winding down.
Your blind hatred for anything Obama does gets in the way of understanding the issue at hand...
Thursdays release of 60 million barrels of crude reserves is not about keeping oil consumers well-supplied. Its about chasing oil speculators out of the market.
And it seems to be working.
This is the straw that breaks the camels back this is the tipping point, said Fadel Gheit, oil analyst for Oppenheimer, a leading investment bank. The speculators will have to change their positions. Instead of betting on higher prices they have to bet on lower prices."
Bursting the speculative oil bubble would also provide stimulus to a weak U.S. economy at a time when both the Feds monetary stimulus and the governments spending stimulus are winding down.
Surprise oil release targets speculators - Business - Going Green - msnbc.com