Why gas prices are so high.

[cutter]

Don't you remember obama telling you that with HIS energy policy FUEL PRICES WOULD NECESSARILY RISE. That's one promise he did keep.

 

[Mr. H.]

Ohhh.... k.

Whatever you say.

*tee hee*

 

[WillowTree]

He sure as hell did. I don't like him.

 

[zeke]

Why gas prices are so high.

Cause the oil companies are allowed to retail price gas that has already been refined based on
what they (futures traders) think a barrell of oil will cost in the future. A future that has a war in it with Iran. And that scares the future traders so they have to run the price up so that the oil companies can post another year of record profits. And they make a lot of money.

Oh yea, and the oil companies and Wall street are pissed at Obama. So if they can hurt him. help the Repubs and make a fortune as well, well what greedy bastard wouldn't do that?

The fact that regular folk take a beating. Well, they call that collateral damage. Just don't drive as much. It only hurts for a little while.

Hope that answers your question.

 

[Skull Pilot]

Don't you remember obama telling you that with HIS energy policy FUEL PRICES WOULD NECESSARILY RISE. That's one promise he did keep.

I believe he used the term "skyrocket" so we ain't seen nothing yet.

 

[Jarhead]

Ohhh.... k.

Whatever you say.

*tee hee*

you are denying he said it?

Your media didnt let you see the video of him sayinmg it?

Did they tell you about his energy secretrary admitting that he would like to see gas prices rise to european levels?

Or are you niave to that as well.

 

[Jarhead]

Why gas prices are so high.

Cause the oil companies are allowed to retail price gas that has already been refined based on
what they (futures traders) think a barrell of oil will cost in the future. A future that has a war in it with Iran. And that scares the future traders so they have to run the price up so that the oil companies can post another year of record profits. And they make a lot of money.

Oh yea, and the oil companies and Wall street are pissed at Obama. So if they can hurt him. help the Repubs and make a fortune as well, well what greedy bastard wouldn't do that?

The fact that regular folk take a beating. Well, they call that collateral damage. Just don't drive as much. It only hurts for a little while.

Hope that answers your question.

seems "blaming everyone but the leader of the free world" is contagious.

 

[Mr. H.]

Ohhh.... k.

Whatever you say.

*tee hee*

you are denying he said it?

Your media didnt let you see the video of him sayinmg it?

Did they tell you about his energy secretrary admitting that he would like to see gas prices rise to european levels?

Or are you niave to that as well.

a) Obama has no energy policy
b) Energy "policy" wouldn't effect prices to the degree we've seen anyway
c) Naive backwards is...

 

[whitehall]

Let's lay our cards on the table. The liberal mantra involves forcing Americans to adapt to radical environmental standards based on the bad data of pseudo-scientists. The Global warming extortion scam was instituted about the same time Fannie Mae collapsed under democrat supervision and the economy went south. What are we to assume when the best shovel ready job in the world was vetoed by the president? Barry vetoed it because it involved oil. Obama and the democrats have been keeping oil prices high for decades. Democrats thrive in a crisis mode when Americans are cold and unhappy. The last thing Obama wants is low oil prices. America has been selling it's treasures to oil producing countries for decades and we are in hock up to our ears and all we hear from democrats is global warming caused by greedy decadent Americans. We need to keep our heads and understand where Barry is leading the democrat party. We can't afford another four years of lies. Anybody but Barry in November.

 

[Avatar4321]

He did say that. But that was in reference to the cap and trade bill which thankfully never passed.

This is specifically from our enemies manipulating the market.

 

[Soggy in NOLA]

Most of the rise is due to increased demand and a worthless $

 

[Lakhota]

Sure, righties will try to blame Obama, but the facts don't support it:

Blame Oil Speculators, Not Obama, For Rising Oil Prices | ThinkProgress

Once again, speculators behind sharply rising oil and gasoline prices | McClatchy

 

[Mr. H.]

I'm a rightie and I'd never blame the Bam.
But he's still an idiot.

 

[naturegirl]

Yea, I know it's not Obummer's fault, any more than it was Bush's fault..........but my how it looks different now that a Dem is in the White House. How much was gas when he moved in to Pennsylvania Ave?? Oh, yea around $1.85

I'm with Willow and Mr. H, I don't like him either. I'll bet you're surprised, huh???

 

[Avatar4321]

It doesn't matter whether Obama caused the higher gas prices. He's the President and he will still get the blame by alot of people regardless of politics.

 

[editec]

My ggoodness, what load of clueless blather.

 

[waltky]

Obama got the only fix...

Obama scoffs at rivals' promises for lower gas prices, saying there's no "quick fix"
2/24/2012 — President Barack Obama said Thursday that there are no "quick fixes" for rising gasoline prices that are threatening the economic recovery and providing fodder for attacks from his political rivals.

Gas prices have risen 29 cents per gallon since December, at a time of year when consumers usually enjoy a respite from price increases. The high cost at the pump could turn into an election-year mess for the president, whose approval ratings have surged recently as the economy has improved. Republicans, sensing an opportunity, have blamed Obama for not giving oil companies greater freedom to drill for new U.S. supplies that might ease prices.

The political dynamics are muddied by the Iran factor. In their debate Wednesday, the leading GOP presidential candidates vowed to prevent Iran from acquiring a nuclear weapon. Yet the rise in oil prices recently has been augmented by the tightening of U.S. and European sanctions on Iran and its oil exports.

Some Democrats are also urging Obama, who has pressured other nations to curtail purchases of Iranian oil, to protect consumers by releasing oil from the Strategic Petroleum Reserve, as he did during the Libyan conflict last summer. Most presidents are reluctant to tap the reserve without a dire emergency, and many experts thought the release last year had a fleeting impact on gas prices.

The recent climb in pump prices resembles the 2008 oil spike, when, as a presidential candidate, Obama used the increase to rally support for a renewable-energy agenda. Since then, oil prices have collapsed with the economy and then soared again with the recovery. U.S. oil and gas production has begun increasing substantially for the first time in more than two decades, but the United States still imports about half of its petroleum needs.

"Rooting for bad news"

See also:

Obama Promotes Plan to Fight Rising Fuel Prices
February 23, 2012 - As Americans worry about rising gasoline prices, President Barack Obama is defending his energy policy. The president went on the road Thursday to answer Republican election-year criticism that he is not doing enough to solve the problem.

Higher prices at the gasoline pump are making Americans nervous, and White House officials are concerned about the possible effects fuel prices might have on President Obama’s reelection campaign. The president visited the University of Miami in Florida on Thursday to discuss the problem and his administration’s long-term plan to reduce U.S. dependence on foreign oil. Obama told students that the price increases are mostly a result of events in other parts of the world. “Oil is bought and sold in a world market. And just like last year, the single biggest thing that is causing the price of oil to spike right now is instability in the Middle East, this time around Iran,” Obama said.

Jeff Mower, editor-in-chief of the New York-based Pratts Oilgram Price Report, agrees that the rise in U.S. gasoline prices is due largely to factors beyond America’s shores. “Tensions surrounding Iran right now, problems over in Sudan, which is shutting crude production - all of this has helped to drive up the price of Brent crude and also gasoline prices,” Mower said. Mower also says that lower profit margins have led oil companies to close some refineries outside of the United States, which is also driving up prices.

Opposition Republicans say that Obama is not doing enough to encourage domestic oil production. At Wednesday’s Republican contender presidential debate, Newt Gingrich said increased drilling would lead to dramatically lower gasoline prices. “If we would open up federal land and open up offshore, you would have $16-18 trillion - not billion-trillion - in royalties to the federal government in the next generation - an enormous flow, which would drive down prices to $2.50 a gallon, would help [U.S. federal] balance the budget and would create millions of jobs,” Gingrich said.

Republicans have also criticized the president for postponing a decision on approving the Keystone Pipeline project, which would carry oil from Canada to U.S. refineries. In Miami on Thursday, Obama ridiculed Republican criticism. He said his administration has approved an unprecedented amount of domestic oil and gas production. But, he said, more drilling alone would not solve the problem. “It means that anybody who tells you that we can drill our way out of this problem does not know what they are talking about or just is not telling you the truth,” Obama said

MORE

 

[francoHFW]

"Iran and this Boooosh styled Wall St. speculation scam". Which Obama will fix, as he's fixing the US energy industry, has already done more than any BS bought off Pub would ever do....

 

[Full-Auto]

Obama got the only fix...

Obama scoffs at rivals' promises for lower gas prices, saying there's no "quick fix"
2/24/2012 — President Barack Obama said Thursday that there are no "quick fixes" for rising gasoline prices that are threatening the economic recovery and providing fodder for attacks from his political rivals.

Gas prices have risen 29 cents per gallon since December, at a time of year when consumers usually enjoy a respite from price increases. The high cost at the pump could turn into an election-year mess for the president, whose approval ratings have surged recently as the economy has improved. Republicans, sensing an opportunity, have blamed Obama for not giving oil companies greater freedom to drill for new U.S. supplies that might ease prices.

The political dynamics are muddied by the Iran factor. In their debate Wednesday, the leading GOP presidential candidates vowed to prevent Iran from acquiring a nuclear weapon. Yet the rise in oil prices recently has been augmented by the tightening of U.S. and European sanctions on Iran and its oil exports.

Some Democrats are also urging Obama, who has pressured other nations to curtail purchases of Iranian oil, to protect consumers by releasing oil from the Strategic Petroleum Reserve, as he did during the Libyan conflict last summer. Most presidents are reluctant to tap the reserve without a dire emergency, and many experts thought the release last year had a fleeting impact on gas prices.

The recent climb in pump prices resembles the 2008 oil spike, when, as a presidential candidate, Obama used the increase to rally support for a renewable-energy agenda. Since then, oil prices have collapsed with the economy and then soared again with the recovery. U.S. oil and gas production has begun increasing substantially for the first time in more than two decades, but the United States still imports about half of its petroleum needs.

"Rooting for bad news"

See also:

Obama Promotes Plan to Fight Rising Fuel Prices
February 23, 2012 - As Americans worry about rising gasoline prices, President Barack Obama is defending his energy policy. The president went on the road Thursday to answer Republican election-year criticism that he is not doing enough to solve the problem.

Higher prices at the gasoline pump are making Americans nervous, and White House officials are concerned about the possible effects fuel prices might have on President Obama’s reelection campaign. The president visited the University of Miami in Florida on Thursday to discuss the problem and his administration’s long-term plan to reduce U.S. dependence on foreign oil. Obama told students that the price increases are mostly a result of events in other parts of the world. “Oil is bought and sold in a world market. And just like last year, the single biggest thing that is causing the price of oil to spike right now is instability in the Middle East, this time around Iran,” Obama said.

Jeff Mower, editor-in-chief of the New York-based Pratts Oilgram Price Report, agrees that the rise in U.S. gasoline prices is due largely to factors beyond America’s shores. “Tensions surrounding Iran right now, problems over in Sudan, which is shutting crude production - all of this has helped to drive up the price of Brent crude and also gasoline prices,” Mower said. Mower also says that lower profit margins have led oil companies to close some refineries outside of the United States, which is also driving up prices.

Opposition Republicans say that Obama is not doing enough to encourage domestic oil production. At Wednesday’s Republican contender presidential debate, Newt Gingrich said increased drilling would lead to dramatically lower gasoline prices. “If we would open up federal land and open up offshore, you would have $16-18 trillion - not billion-trillion - in royalties to the federal government in the next generation - an enormous flow, which would drive down prices to $2.50 a gallon, would help [U.S. federal] balance the budget and would create millions of jobs,” Gingrich said.

Republicans have also criticized the president for postponing a decision on approving the Keystone Pipeline project, which would carry oil from Canada to U.S. refineries. In Miami on Thursday, Obama ridiculed Republican criticism. He said his administration has approved an unprecedented amount of domestic oil and gas production. But, he said, more drilling alone would not solve the problem. “It means that anybody who tells you that we can drill our way out of this problem does not know what they are talking about or just is not telling you the truth,” Obama said

MORE

A simple change in policy would do it. But then they would have to follow through.

 

[NYcarbineer]

Don't you remember obama telling you that with HIS energy policy FUEL PRICES WOULD NECESSARILY RISE. That's one promise he did keep.

Why would a president intentionally drive up oil/gas prices in an election year?