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  • Re: Gas Prices

    Originally posted by escondido100 View Post
    obamas biggest contributer is a hedge fund guy...George Soros...so this probably wont happen any time soon... but it could alleviate the problem if he really cared about the common folk filling their tanks of gas.?
    I would venture that every President's biggest contributor is connected to hedge funds somehow. Why haven't other Presidents done something about hedge funds? More information needed before we can lay the blame at the foot of Obama. I can say that Obama has increased domestic oil production and we are less dependent on foreign oil than under Bush. Maybe the boogie man isn't OPEC but our very own comrads living among us!
    Peace, Love, and Local Grindz

    People who form FIRM opinions with so little knowledge only pretend to be open-minded. They select their facts like food from a buffet. David R. Dow

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    • Re: Gas Prices

      Originally posted by escondido100 View Post
      the president has the ability as others before him to require a rule change on hedge funds. instead of buying on a twenty percent margin require a 50 to 60 percent buy in. this would curtail the speculators tomorrow. also require opec to not tie gas prices to the dollar but to let them float ..they would increase production and prices would fall.
      obamas biggest contributer is a hedge fund guy...George Soros...so this probably wont happen any time soon... but it could alleviate the problem if he really cared about the common folk filling their tanks of gas.
      i remember during his campaign he thought it would be fine if gas reached the same prices as europe. i wonder what he will do?
      Sorry escondido, common folk in this world don't have gas tanks to fill.
      May I always be found beneath your contempt.

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      • Re: Gas Prices

        For too many it's all about Obama The Really Really Bad and ignoring that we're still and will be paying for 8 years of Bush con-trol and decades of oil scams.
        When BO said Europe prices were OK it was with the view that something needs to smack gas hog overconsumers where it hurts to finally quit using too much so the common folk can get a break eventually, and to get alt tech going stronger. But the party of NO says NO.
        https://www.facebook.com/Bobby-Ingan...5875444640256/

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        • Re: Gas Prices

          I dont blame obama at all. but he goes have the power to do something about it. The problem of high gas prices cannot be blamed on any one person. it is the system that has taken years to adapt to the wiley ways of profiteers for the benifit of the few at the expense of many. Right now at this point in time its the speculators driving the price of gas up. Obama has the power to correct this. as does congress .....and we the voters.
          the bigger the government the smaller the citizen.

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          • Re: Gas Prices

            Originally posted by escondido100 View Post
            I dont blame obama at all. but he goes have the power to do something about it.
            Speaking of which, President Obama has been trumpeting a little somethin’ somethin’ at every campaign stop. According to the Associated Press, Obama is proposing to eliminate $4 billion in subsidies for oil companies, and perhaps, investing that money in alternatives. What do you think of this? Does it really address the problem? I would think that Obama’s “solution” would take decades before it would solve our energy quagmire. As a country, we already have our hands full building charging stations for electric cars (to say nothing of the fact than less than 1 of every 500,000 motorists actually drive one). And that hardly addresses a significant source of these charging station’s electricity: oil.

            We can’t be so fixated on our desire to preserve the rights of ordinary Americans.

            — U.S. President Bill Clinton
            USA TODAY, page 2A
            11 March 1993

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            • Re: Gas Prices

              Originally posted by TuNnL View Post
              Speaking of which, President Obama has been trumpeting a little somethin’ somethin’ at every campaign stop. According to the Associated Press, Obama is proposing to eliminate $4 billion in subsidies for oil companies, and perhaps, investing that money in alternatives. What do you think of this? Does it really address the problem? I would think that Obama’s “solution” would take decades before it would solve our energy quagmire. As a country, we already have our hands full building charging stations for electric cars (to say nothing of the fact than less than 1 of every 500,000 motorists actually drive one). And that hardly addresses a significant source of these charging station’s electricity: oil.
              Instead of redirecting the subsidies to alternatives, I think he should reinvest that money into maintaining and upgrading dilapidating infrastructure. The fed gas tax should be restructured so it's a percentage of sales, not just a fixed amount per gallon. And quite frankly, the best way to rely less on gas would be to use less of it, not finding a substitute. That will happen on its own when this world runs out of petrol. Start increasing sales tax on larger vehicles in displacement and decrease sales tax on smaller vehicles. Exempt bonafide business use vehicles. Start redesigning roadways so large cargo semis are separated from smaller vehicular traffic.

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              • Re: Gas Prices

                Can't build refineries. Have not built a new one in America in over 20 years.
                Can't drill here, there, over there, or down there.
                Environmentalism, and the resulting increase in bureaucracy and paperwork, has increased cost dramatically.
                Speculation, combined with spineless politicians, just excacerbates the problem.
                I'm just glad that Ol'Bammy promotes NUKES. The $8 billion dollar plan signed last year is just brilliant. Right?


                Seems to me that the folks who can least afford increasing gas prices are the same people who protest anything related to increased production.

                Funny how you never see protesters on Wall St.
                FutureNewsNetwork.com
                Energy answers are already here.

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                • Re: Gas Prices

                  Originally posted by timkona View Post
                  Can't drill here, there, over there, or down there.
                  Not true.

                  Environmentalism, and the resulting increase in bureaucracy and paperwork, has increased cost dramatically.
                  Not nearly as much as driving a gas guzzling car.

                  What is the price for good health? I guess you are saying it is too expensive to breathe clean air.

                  Seems to me that the folks who can least afford increasing gas prices are the same people who protest anything related to increased production.
                  I protest people who protest we don't have enough production.
                  Peace, Love, and Local Grindz

                  People who form FIRM opinions with so little knowledge only pretend to be open-minded. They select their facts like food from a buffet. David R. Dow

                  Comment


                  • Re: Gas Prices

                    60 Minutes did a feature on how Brazil became energy independent by brewing alcohol from sugar cane, I posted about that a couple of times. America has had opportunities to become energy self sufficient, the present corn alcohol system seems flawed, it evidently consumes more energy than it produces, but the sugar cane system in Brazil works fine, it could in the US, too, a huge boon to the economies of all the southern states. Will it ever happen? Problem is, the oil industry, like the health insurance industry and the pharmaceutical industry basically does control what government does, so the long term good of the country is perpetually sacrificed to the benefit of the few, the privileged, the rich, the powerful, and if the whole country collapses as a result of bad economics (paying our energy debt to the Mideast with money borrowed from China, for example), well who cares as long as those Swiss bank accounts get bigger, right? The ship of state might be going under, but the privileged elite will survive and prosper just fine.

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                    • Re: Gas Prices

                      Originally posted by Kalalau View Post
                      60 Minutes did a feature on how Brazil became energy independent by brewing alcohol from sugar cane, I posted about that a couple of times. America has had opportunities to become energy self sufficient, the present corn alcohol system seems flawed, it evidently consumes more energy than it produces, but the sugar cane system in Brazil works fine, it could in the US, too, a huge boon to the economies of all the southern states. Will it ever happen? Problem is, the oil industry, like the health insurance industry and the pharmaceutical industry basically does control what government does, so the long term good of the country is perpetually sacrificed to the benefit of the few, the privileged, the rich, the powerful, and if the whole country collapses as a result of bad economics (paying our energy debt to the Mideast with money borrowed from China, for example), well who cares as long as those Swiss bank accounts get bigger, right? The ship of state might be going under, but the privileged elite will survive and prosper just fine.
                      We probably have a better shot at ethanol produced from switchgrass or algae than sugar. Sugar works for Brazil due to other factors such as their consumption is much less than ours. The amount of land we need to produce enough ethanol from sugar will probably be unrealistic. And their labor is cheap enough to do this. We have a hard time as it is to find US labor willing to work the fields. Corn based ethanol is nothing more than another special interest, the corn industry, promoting their agenda.

                      Comment


                      • Re: Gas Prices

                        Originally posted by Kalalau View Post
                        Brazil became energy independent by brewing alcohol from sugar cane.
                        Nooooooooooooo, we can't go back to the good old days when all our engines ran so well and clean before the prohibition scam, we need to be hamstrung by corrupt corporations and their subserviant Government while polluting our asses off and marching off to BS wars in oil rich countries as our economy tanks because of it again. It's the American way!
                        Last edited by Ron Whitfield; April 26, 2011, 09:31 AM.
                        https://www.facebook.com/Bobby-Ingan...5875444640256/

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                        • Re: Gas Prices

                          All politics aside, these gas prices gotta come down.
                          It's making it impossible to find a good seat on The Bus. :P
                          All these new people forcing the regulars to stand in the aisles; it's a travesty.
                          Grab some goggles and answer to nobody.

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                          • Re: Gas Prices

                            Cheap gas in Hana hit $6 per gallon today. Here it is: http://www.staradvertiser.com/news/b...120891514.html
                            It's $4.47 here in Kaneohe.
                            .
                            .

                            That's my story, and I'm sticking to it.

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                            • Re: Gas Prices

                              Headline in today's (May 5) New York Times:

                              Crude Oil Falls Below $100 a Barrel

                              .. . and the story goes on the talk about "Prices plummeted today . . ." -

                              would like to see them plummet at MY corner station.

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                              • Re: Gas Prices

                                Originally posted by Kimo View Post
                                would like to see them plummet at MY corner station.

                                You know, when crude goes up, gas prices rise over night. When crude goes down, it takes two weeks for the market to adjust. I don't have to tell you what is going on here.

                                Repeal the tax breaks for the oil industry!
                                Peace, Love, and Local Grindz

                                People who form FIRM opinions with so little knowledge only pretend to be open-minded. They select their facts like food from a buffet. David R. Dow

                                Comment

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