IndependntLogic
Senior Member
- Jul 14, 2011
- 2,997
- 399
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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.
Hate to say this, but that would have a minimal impact on gas prices in the near future. If he actually backed those words with action we would see prices drop, but to much is dependent in Iran in the near future for anything Obama does to drive the prices down.
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.
Are you sitting down?
I agree with you on all of the above.
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.
If he chose to, yes he could.
He could stop the government from interfering in energy production and transportation.
.....the problems!!
"Gasoline prices are rising much faster than oil prices are, because of decisions made by oil companies to increase their profits even as US demand declines. Americans have been shifting to much more fuel-efficient cars from a resurgent American auto industry.
But the oil industry has been shutting down oil refineries, reducing production, and exporting gasoline, putting the squeeze on gasoline prices to ensure continued record profits. Further refinery shutdowns are planned, guaranteeing further gas price spikes in the future. Rampant speculator activity accelerates the flow of wealth from drivers pockets at the gas pump to the one percent."
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.
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.
Ergo, there is nothing that any POTUS can really do about it unless they choose to dramatically interfer with the futures market.
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.
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.
Domestic oil production is up. But I love it when you guys say the government should get out of the business of regulating markets.
Okay. The government should also NEVER EVER step in between Labor and Managment disputes.
Ever.
You with that one?
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.