Yes, As a Matter of Fact, Obama COULD Lower Gas Prices

Discussion in 'Politics' started by IndependntLogic, Mar 5, 2012.

  1. IndependntLogic
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    IndependntLogic Senior Member

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  2. Oddball
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    Oddball BANNED Supporting Member

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    ....but he's too busy sucking Sierra Club dick.
     
  3. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    If he chose to, yes he could.

    He could stop the government from interfering in energy production and transportation.
    He could push to eliminate the Federal gas tax (It's seriously messed up when the government, which does nothing, makes more money off every gallon, then the company who does everything does).
    He could approve more energy production, decreasing the demand for gas/oil,

    There are lots of other things he could do as well.
     
  4. IndependntLogic
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    IndependntLogic Senior Member

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    Are you sitting down?
    I agree with you on all of the above.
     
  5. Si modo
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    Si modo Diamond Member

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    Assuming the investors actually believe him. I doubt it.
     
  6. Quantum Windbag
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    Quantum Windbag Gold Member

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  7. IndependntLogic
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    IndependntLogic Senior Member

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    So then your assertation is that Obama is not really to blame for gas prices? I find that surprising.
     
  8. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Nope. Of course, I never thought you were an idiot.
     
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  9. editec
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    editec Mr. Forgot-it-All

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    There is no shortage of petroleum that explains today's spike in refined gas and oil.

    These spikes are the result of the speculation on those products.

    Ergo, there is nothing that any POTUS can really do about it unless they choose to dramatically interfer with the futures market.
     
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  10. healthmyths
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    healthmyths Gold Member Supporting Member

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    Why are people like you IGNORING THESE FACTS???

    There are in the below undeveloped areas of the domestic USA
    2.5 TRILLION barrels of oil!!!
    2.8 billion barrels in 100 feet or less off Gulf coast
    .3 billion in Virginia
    10.0 billion in Anwr .3% of 2.5 TRILLION barrels
    500.0 billion in Bakken Formation
    2,000.0 billion in shale oil
    2,513.1 billion barrels.
    U.S. HAS MASSIVE OIL

    2.5 TRILLION BARRELS!
    The USA uses 20 million barrels a day..
    That means 273 years all from the USA domestic production.
     

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