Gas price rising-

[Jim Richards]

American, but having an African standard of living. Might as well add stupid to the thread.

[Rick Lee]

Originally Posted by Normy

MOST of the big price rise in oil has been market speculation. If the MORON dubya bush were to say today"I'm thinking about instituting price controls on gasoline: It will be $3.50 tomorrow" or something like that, it woud cause the oil price bubble to pop and oil would drop down to a reasonable price again.

You "Neo-cons" don't believe that it is possible for the government to actually do something right. I don't blame you, but this is one instance where it would work.

-I'm not running for president, but I probably should. I'd straighten out the place...before I resigned in disgust!


N!

I'm speechless. I just don't know how to respond when someone says price controls will work.

[the]

Originally Posted by jyl

Most on the right aren't defending Bush anymore. Instead, they've shifted to electing McCain. McCain voted with Bush 89% of the time. So with McCain, you get most of the Bush policies that you know and love, but without the embarassment of the man himself.

The only problem with that analysis is that even most of "the right" don't like George Bush, or his policies. "The right" isn't focusing on getting McCain elected in order to get Bush policies, that's viewed as a negative for the most part. People are focusing on getting McCain elected because he isn't Obama, i.e., he isn't a socialist. Like in most recent elections, the less bad of the two candidates.

[RoninLB]

http://www.nypost.com/seven/06062008/postopinion/opedcolumnists/get_ready_for_the_oil_price_drop_114188.htm


GET READY FOR THE OIL-PRICE DROP


crop

Nine out of 10 previous postwar recessions began shortly after a big spike in the price of oil. Yet those recessions always slashed oil prices dramatically. People who have been predicting both a nasty US recession and $200 oil prices are contradicting themselves

crop

[Rick Lee]

Originally Posted by the

The only problem with that analysis is that even most of "the right" don't like George Bush, or his policies. "The right" isn't focusing on getting McCain elected in order to get Bush policies, that's viewed as a negative for the most part. People are focusing on getting McCain elected because he isn't Obama, i.e., he isn't a socialist. Like in most recent elections, the less bad of the two candidates.

Spot on.

[RoninLB]

http://www.marketwatch.com/news/story/mr-crude-oil-sees-ahead/story.aspx?guid=%7BCC3F03A4-EEBF-4268-837A-E37824253F61%7D

What Mr. Crude Oil Sees Ahead
By Lawrence C. Strauss

Interview with Arjun N. Murti
Energy Analyst, Goldman Sachs

IN 2004, ARJUN N. MURTI, A TOP ENERGY ANALYST AT GOLDMAN SACHS, published a report predicting "a potentially large upward spike in crude oil, natural gas and refining margins at some point this decade." It was a controversial call, with crude around $40 a barrel at the time. But it was right on the money.

Four years later, crude is trading around 139.

Murti sees energy in the later stages of a "super spike," in which prices rise to a point where demand drops off. In a note last month, he wrote that "the possibility of $150-to-$200-per-barrel oil seems increasingly ...

[speeder]

Bush and Cheney never were conservatives, they're corporatists who smirk a lot. They pandered to conservatives in order to get elected with tax breaks that heavily favor the wealthy and anti-regulation stance for business, but they haven't "conserved" anything. Not jobs, not our standard of living and certainly not our place in the world economically or our future.

Like typical crooked corporate CEOs who loot companies for the personal gain of themselves and their rich shareholder friends, they took over the richest, most successful country in the history of the world at a time of great prosperity and proceeded to dismantle its assets like the mobsters in Goodfellas or The Sopranos do when they take over a restaurant or sporting goods store. Instead of taking a match to it, they'll simply walk away and leave the keys on the desk in Jan. '09. The Iraq war combined with a tax cut has been the single most irresponsible stewardship of the U.S. economy ever. It's run up record-smashing deficits that have murdered the dollar against foreign currencies and created the oil price/commodities boom. When you combine the out-of-control and possibly illegal speculating and price-fixing with their corrupt, worthless DOJ that could not find their dicks with both hands, it's party time down in Texas! Yahoo!! Viva Bush!

The deficit/weak dollar/oil price speculative boom will murder the golden goose that was the U.S. economy and it will take the rest of the world down with it. Combine the Iraq occupation that truly is the definition of a quagmire, (no foreseeable end-game), and do not forget the price of Iraq will grow with the cost of millions of gallons of diesel and jet fuel that is wasted on a daily basis there. Oh yeah, that's been going on for years. But the beaten-down U.S. worker/tax payer is going to get a new bill that reflects the price increase for diesel. It's $5+ a gallon now, was ~$1.00 when war started. Isn't that ironic? Don't worry, we're borrowing the $$ from the Chinese and Halliburton will be happy with the *cost plus* no-bid contract to sell us the oil/fuel. The higher the price goes, the more they make. So everyone is happy, right?

Being drawn and quartered down in Texas would be way too good for these guys. As mobsters you have to hand it to them, though. They make all of the other ones in history look like pishers.

[john70t]

Yeah, but no matter the game everyone loves a winner. Go team!

[sammyg2]

One more guy who doesn't understand why but blames it on the president. The only thing he could do would be to change the rules of how commodity speculation works and push to bust those who twist the rules (wall street brokerage houses).

Oil has doubled in the past 12 months, gas has risen less.

We need to lower the price of oil.
Unfortunately the price of oil is not justified by any logical fundamental, just people expecting it to go up more for no reason so they jump on to make some money. Self-fulfilling prophesy.

Oil should be around $75 to $80 a barrel. Gas should be around $3.00 a gallon based on historical hard data.

[john70t]

The solution to todays problems was 53 years ago, when the Federal Highway Act opened up farmland to urban sprawl.

They could have planned tight local infrastructures (combined residential/commercial/entertainment) in which large amounts of goods and materials could be dispersed from centralized locations, farmland and urban landscape could be preserved, and average daily transportation could be shortened.

The combined corporate pressure from many sources created the wreck we have today: people sitting in traffic burning their budget on expensive fuel. "Resources will never run out" so they said.

Needless to say, the senario we have now worked well in the past by creating and expanding technology and capitalism, but the achillies heel of the system has caught up.
Hindsight may be 20/20, but who is planning for 53 years from now?

[KaptKaos]

We have no energy policy in this country. Haven't had one and the blame for that rests on all parties.

Oil futures speculation is killing us right now. Demand is not that much higher than a year ago. It certainly hasn't doubled worldwide in a year. There are no shortages and I can always fill up at the pump. Unlike in the early 70s when there were flags out telling us when there was gas and when there wasn’t.

Nimby-ism rules the day here and we have been outsourcing our energy needs for decades and it's both parties fault!

1) There are vast oil deposits in the Gulf of Mexico, off of the California Coast, in Anwar and other places within the USA. We outsource the sourcing and the pollution that comes with it because of environmental concerns. The big businesses, while shouting protests loudly, actually love this because of the cheaper labor in foreign markets.

2) The environmental impact of years of oil drilling in the Middle East is immeasurable. Do we care? Nimby + cheap oil says no.

3) There has not been a new oil refinery built in the USA for nearly 30 years (citation: story last week about Dakota shale oil refinery). Again, done for "environmental reasons" while the left continues to fall victim to businesses that turn around and use the lack of refineries to justify higher costs. Nimby wins again.

4) In a rash effort to improve the situation, we spend govt dollars on ethanol and other bio-fuels. The issues with these fuels is well detailed on PPOT. Again, the left paves a road to Hell, allowing oil companies to charge more for an inferior product. A product that is subsidized by our dollars that is worse for the environment on most counts. Not to mention the effect on food supplies worldwide. The USA has some of the largest arable tracts of land in the world and the best technology for producing crops from that land. We can feed the world, but we can’t power cars and feed the world at the same time.

I want to make it clear that I don’t blame the left for Nimby-ism. The right is using the left to get higher prices for energy. It seems to me that they struck a Faustian Bargain.

[m21sniper]

Originally Posted by Capt. Crunch

How much does the gallon cost before the SUV market dies? How long?

It's pretty much dead now.

I know some dealers that won't touch SUV's at the auction at any price now.

[The Gaijin]

Originally Posted by john70t

The solution to todays problems was 53 years ago, when the Federal Highway Act opened up farmland to urban sprawl.

They could have planned tight local infrastructures (combined residential/commercial/entertainment) in which large amounts of goods and materials could be dispersed from centralized locations, farmland and urban landscape could be preserved, and average daily transportation could be shortened.

The combined corporate pressure from many sources created the wreck we have today: people sitting in traffic burning their budget on expensive fuel. "Resources will never run out" so they said.

Needless to say, the senario we have now worked well in the past by creating and expanding technology and capitalism, but the achillies heel of the system has caught up.
Hindsight may be 20/20, but who is planning for 53 years from now?

There is about five good threads in this one..

The "exurbs" are suffering and for good reason. Log commutes = a waste of time and resources. Forget 53 years ago - how many rural spaces have been paved over and developed in the past 15 years??

120 miles round trip to work in the Suburban/F-250 to the mcmansion and sitting in traffic half the time is a model that no longer works. In the New York metropolitan area - the Long Island and New Jerseys are turning into ghettos with rising crime and falling RE values - while the traditional city boros are booming.

[hytem]

Originally Posted by HardDrive

Tough to stomach that Bill Clinton, the conservatives anti-Christ, really was a better conservative than W by a mile, innit?

Hahahahaha. The joke is on us. Funny how the working class seems to know. They elected Bill Clinton twice--and preferred Hillary.

[Mule]

Originally Posted by Normy

By the biggest margin in history, the price of gasoline and diesel fuel has risen in the past year.

And what has dubya done about it? Nothing! That's right...

NOTHING!

Did I expect him to do anything? Of course not. This man, who is barely capable of keeping a Ford F150 on the road, much less properly manage the local Taco Bell, certainly cannot see how he is being operated like a puppet to prop up oil company profits. I mean....who else would sit there while their approval ratings TANKED and then...do NOTHING about it? The long and short about this guy? He simply [B]doesn't care![/B

It is pretty obvious to me that the main reason that gasoline prices have nearly doubled in one years' time is that it is likely that the biggest "cash cow" that the oil industry and all of its speculators have ever had is dubya bush. They aren't going to let him leave power without getting the best price for their products that they can. They know that a Democratic administration might do what a former Republican president did: Institute price controls. Since dumbya is obviously a worthless pile of duck-flesh...and as such has soured the apathetic American public angainst republicans....they've unleashed the speculators to raise the price of fuel while they can still get away with it. They know that next year President Obama is going to kick their asses on the issue of global warming, so Cheney and his reprehensible hench-men have given tacit approval to the oil companies to charge what they want. And since "men" such as dubya and Dick "Shotgun" Cheney have given them this approval...they've seen no reason to not take advantage of the situation.

Are you sure you want four more years of this by voting for McCain? What about $8 per gallon?
N

Algore says he wants $10 a gallon gas. How's that workin' for ya' snookums?

[tabs]

[QUOTE=speeder;3992383]Bush and Cheney never were conservatives, they're corporatists who smirk a lot. They pandered to conservatives in order to get elected with tax breaks that heavily favor the wealthy and anti-regulation stance for business, but they haven't "conserved" anything. Not jobs, not our standard of living and certainly not our place in the world economically or our future.

QUOTE]


I think I said that 8 years ago.....

[nostatic]

Originally Posted by KaptKaos

It seems to me that they struck a Faustian Bargain.

ooohhh! I hear Walmart is having a 2-for-1 Faustian Bargain sale!

[Tidybuoy]

Originally Posted by HardDrive

George Bush, February 28th:

Wait, what did you just say? You're predicting $4 a gallon gasoline?"
"That's interesting"....."I hadn't heard that ... I know it's high now."


Cocus Suckerous Maximus.

You should get your quote correct....I listened the to speech and the reporter asked Bush "Now that gas has hit $4.00..." Bush replied "$4.00, I hadn't heard that"

The point is, at the time, gas prices were increasing dramatically but had not yet hit $4.00. Bush simply questioned the reporter and then proceeded to answer the question. But the media, and you fell for it, took it out of contest and mis-quoted Bush. I watched the speech twice. I suspect that you did not watch it at all.

[Buckterrier]

$4.70 a gallon for the Carrera, FUCH em'

[Tidybuoy]

Originally Posted by Normy

And what has dubya done about it? Nothing! That's right...

They know that a Democratic administration might do what a former Republican president did: Institute price controls.

While we're at it....I paid $3.50 for my latte at Starbuck this morning! That's ridiculous and we need price controls asap!

Unfortunately, we are still a free democratic country. We should have all gotten into the oil business.

This has been a situation in the making for a long time. I cannot tell you how many bling-bling Hummers I have seen in the past month - but it is way too many.

I hate the high gas prices too, but I'm glad to see that it's causing changes in human behavior. I'm selling my old 914 that's been sitting in the garage for 5 years and getting a Vespa (and I'm excited about it). A friend of mine who is a contractor, just traded his Chevrolet 4-door, king cab, 350 4wd for a Toyota Tacoma and he was bragging to me how nice the Toyota is. A few years ago, he tried to convince me that he needed this truck that won't even fit in his garage and accused me of being a tree-hugger.

I believe in the Republican principals of less government. I can also say that I am disappointed in Bush - somewhat. I mostly agree with a lot of his decisions but I think he is terrible at communicating his decision to the American public.

The fuel crisis is a crisis - but I don't see how Bush can cure it. The problem is much bigger than one person.