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

[IndependntLogic]

The Independent's View: Yes as a Matter of Fact, Obama COULD Lower Gas Prices.

 

[Oddball]

....but he's too busy sucking Sierra Club dick.

 

[Avatar4321]

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.

 

[IndependntLogic]

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.

 

[Si modo]

Assuming the investors actually believe him. I doubt it.

 

[Quantum Windbag]

The Independent's View: Yes as a Matter of Fact, Obama COULD Lower Gas Prices.

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.

 

[IndependntLogic]

The Independent's View: Yes as a Matter of Fact, Obama COULD Lower Gas Prices.

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.

So then your assertation is that Obama is not really to blame for gas prices? I find that surprising.

 

[Avatar4321]

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.

Nope. Of course, I never thought you were an idiot.

 

[editec]

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.

 

[healthmyths]

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.

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.

 

[Mr. Shaman]

If he chose to, yes he could.

He could stop the government from interfering in energy production and transportation.

Yeah.....those are.....​

.....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."

 

[SniperFire]

SuperPack ads, coming your way during this summer's $5 gallon gas:


“Somehow, we have to figure out how to boost the price of gasoline to the levels in Europe.” - Obama Energy Secretary, Steven Chu

 

[Sallow]

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?

 

[Sallow]

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.

Which, by the way, is very likely to happen. Especially if hostilities with Iran, escalate.

Strategic oil supply, anyone?

 

[healthmyths]

Now if Obama would do as Bush did, release federal lands to leasing, promote drilling and STOP the EPA from implementing regulations that shut down refineries.. GAS would drop to $2.00/gal!

When faced with $700 million upgrade requirements strictly from EPA Hovensa owners of the 350,000 barrels per day refinery in St. Croix said screw it!
They're closing that refinery laying off 1,500 workers and all because EPA wants to reduce less then 2% of the remaining effluence emissions!
Losing that 350,000 barrels increases speculators buying of increased oil contracts!

 

[zeke]

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

bombbombbomb bombbomb Iran.

That will fix those oil markets.

 

[SniperFire]

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.

'Speculation' is just the market at work.

Obama's Administration has said they want European priced gasoline. Why should investors not believe him?

 

[SniperFire]

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?

'All-or-nothing' logical fallacy is a sure sign you have lost the argument.

 

[Too Tall]

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 we had started drilling in ANWR when Bush proposed it, we would be getting about a million barrels a day that we would not need to buy on the world market.

If Obama had not immediately closed ALL of the offshore drilling Bush opened up on the continental shelf in the Atlantic, Pacific Alaska and the Gulf, we could be energy independent and ignore what happens in Iran.

Obama has had over three years to come up with an energy policy for America, and all he has done is enhance the power OPEC has over us and the rest of the world.

 

[Paulie]

He could tone down the rhetoric about military action in the middle east. The price of oil explodes when we put boots on the ground in the middle east. Right now there is fear that we will wage more war over there, and speculators are running to oil because of it.

If Obama took military action in Iran and Syria off the table, prices would come down a bit.