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The scam is that we haven't passed 'peak oil' yet --and as it becomes more and more inaccessible and more pelicans and sea turtles wash up on the beach, more pipeline spills pollute the rivers --and all you speculators will cash in when gasoline jumps from $5 a gallon to $10 overnight on your inside trade deals.Peak Oil was a political scam in the 1950s to get Americans to accept foreign imports because US producers couldn't compete and oil from the ME was much cheaper.
The elite loons are trying to make alternative energy sources competitive the only way to do that now is to make fossil fuels to expensive for the middle class.Angelo
Never happen. That would destroy the economy and joes too smart for that.
The elite loons are trying to make alternative energy sources competitive the only way to do that now is to make fossil fuels to expensive for the middle class.
Joe isn’t smart at all anymore.Angelo
Never happen. That would destroy the economy and joes too smart for that.
Are you saying that you can't increase prices by restricting the supply or adding taxes ?The price of gas is supply and demand. Get some bloody facts. It's not a conspiracy and never has been. grow up.
The price of gas is supply and demand. Get some bloody facts. It's not a conspiracy and never has been. grow up.
Sorry comrade. Not into conspiracy theories but good luck. I do note you're politics of hatred has entered the debate. Not a good defence.YOU get some bloody FACTS!!!!
The government HOARDS gas and oil. When they are hoarding at break-neck pace, they raise gas prices like they always do! Hell, even when Obozo Biden Laden was hoarding during his 8 years of terror, they finally HAD to lower the price of gas at the pump, because their hoarding filled up EVERY LOCATION they could find.....and had NOWHERE to put it any longer!! It HAD to go to the pumps!! And an over supply of gas and oil hit the public before he slithered out of office!!
The storage of warehouse tanks full of gas and oil is supposed to help combat emergency situations only, NOT for the Dems HOARDING because they want prices driven up, so they can get bigger kickbacks from the oil companies!!!
By elite, do you mean better educated ? I’ll buy that.The elite loons are trying to make alternative energy sources competitive the only way to do that now is to make fossil fuels to expensive for the middle class.
He was right. Prices dropped a lot under Bush led recession. You prefer recessions ? Cause prices of energy will always drop when millions lose their jobs. Repos answer to lowering gas prices,mis to drive the country into a recession. 10 of the last 11 recessions under repo budgets and admins.Are you saying that you can't increase prices by restricting the supply or adding taxes ?
"As difficult as this is for consumers right now, is, in fact, high gas prices what we need to let the market work, a line incentive so that we do shift to alternative means of energy?"
President Obama 2008
The Affordable Housing Act passed under the Clinton Administration and a Democratic Party led Congress where responsible for the recession along with Reps like Barney Frank and Chris Dodd's refusal to admit that Freddie Mac and Fannie Mae where in trouble.He was right. Prices dropped a lot under Bush led recession. You prefer recessions ? Cause prices of energy will always drop when millions lose their jobs. Repos answer to lowering gas prices,mis to drive the country into a recession. 10 of the last 11 recessions under repo budgets and admins.
Joe isn’t smart at all anymore.
The fact that he didn’t know his administration was planning to give some illegal aliens $450,000 a piece proves that beyond any doubt. Joe is just a puppet President. He occasionally is sent out to read from a teleprompter which he can barely do and he usually tries to avoid questions as he has no idea what the answers should be.
First a report about the money going to the illegal aliens.
Joe Biden denying it will ever happen and the idea is false.
Biden’s press secretary trying to cover up Joe’s lack of knowledge.
YOU get some bloody FACTS!!!!
The government HOARDS gas and oil. When they are hoarding at break-neck pace, they raise gas prices like they always do! Hell, even when Obozo Biden Laden was hoarding during his 8 years of terror, they finally HAD to lower the price of gas at the pump, because their hoarding filled up EVERY LOCATION they could find.....and had NOWHERE to put it any longer!! It HAD to go to the pumps!! And an over supply of gas and oil hit the public before he slithered out of office!!
The storage of warehouse tanks full of gas and oil is supposed to help combat emergency situations only, NOT for the Dems HOARDING because they want prices driven up, so they can get bigger kickbacks from the oil companies!!!
After the BP spill a lot changed. ( well let's hope so)When Obama was president the ppb was high so oil companies borrowed money to invest in rigs, leases, exploration and drilling.That's why US production doubled and the ppb came down.
No one is hoarding oil.. Only fools store oil above ground. It drives the cost up and the price as well.
After the BP spill a lot changed. ( well let's hope so)
Like when they were guilty of the same thing before off the coast of Azerbaijan.BP is a lousy oil company.. always was.. They were pushing speed and cutting corners on safety with DeepWater Horizon.
Like when they were guilty of the same thing before off the coast of Azerbaijan.
2 disasters like those should have bankrupted them.
www.cbsnews.com
At the rate things are going up just this year, it wouldn't surprise me at all, and Patrick Bet-David makes some very good points about it here.
