Dad2three
Gold Member
I see...you see the answer isn't advantageous to your political beliefs, so you can't force yourself to answer.
But, before you're excused, let's see if you can answer this...with the 25+ year RECORD energy production, did refinery capacity increase? Because that also figures into it
So energy prices are high because oil corps don't want to build more refinery's , NOT the manipulation in the market Goldman Sachs admitted was 40% of the costs?
Why would you need the question answered again? Is there or is there not record energy production under Obama?
I want the answer posted because I laugh every time one of you obamabots try to claim anything positive done by Bush becomes credited to Obama.
Second, yes, limited refinery capacity contributes to the cost of energy.
Finally, let's see a link to "the manipulation in the market Goldman Sachs admitted was 40% of the costs".
WHAT did Bush do that created the fracking that has produced record energy again?
So what aren';t the oil comps asking for more refinery's again? lol
Goldman Sachs Admits Its Software Can “Manipulate Markets in Unfair Ways”
http://www.nytimes.com/2009/07/07/business/07goldman.html?_r=3&ref=business&
Goldman Sachs says speculation behind much of recent oil price rise, tells clients to “sell”
Goldman Sachs says speculation behind much of recent oil price rise, tells clients to "sell" | ThinkProgress
GOP admits speculation is helping boost oil prices, moves to gut speculation watchdog anyway
GOP admits speculation is helping boost oil prices, moves to gut speculation watchdog anyway | ThinkProgress