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03-08-2012, 9:15am | #21 | ||||||
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I hope, this time next year, Obozo will be a thing of the past.
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03-08-2012, 9:46am | #22 | ||||||||
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Your solution will not work unless the government nationalized the oil fields. Oil is sold on the world markets. There is no guarantee that oil pulled from Canada or even here is going to stay here. Why do you think they want that pipeline going to the gulf instead of the refineries in Oklahoma or central Texas? So it can be sold on the world markets. They want an easy way to move their product to where they will get the highest prices. Those commercials you see on Fox News talking about increasing production here wouldn't do jack shit for prices. Notice how they never talk about that? We as a country have reduced our demand for gasoline so much that we actually export about half a million barrels of gasoline a day. How is drilling more or building a pipeline going to decrease what we spend on gas when we have such an excess supply of it? And history has shown to keep gas prices high, all OPEC has to do is cut supply. So that means no matter how much more oil we pull from the ground here, all they have to do is cut production and the prices stay the same. There are only two absolute solutions that will drop gas prices and both of them would make conservatives shit their pants. 1) Nationalize the oil fields and set prices for the oil pulled from the ground. The United states is one of the few oil producing countries that hasn't nationalized its oil fields. All of the OPEC countries along with Mexico, Russia and even Canada have. That is why gasoline is less than a dollar a gallon in Iraq and Venezuela. Only 7% of the world's estimated oil and gas reserves are in countries that allow private international companies free rein. 2) Make speculating on oil illegal. There are no other "fixes" the government can implement. Obama doesn't have a damn thing to do with oil prices. Its your guys that are pushing for war with Iran that destabilizes the oil markets. Its your guys that want to keep oil speculating legal. And its your guys that would never support the nationalization of our country's natural resources. Last edited by Joecooool; 03-08-2012 at 10:52am. |
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03-08-2012, 9:49am | #23 | ||||||
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Well, valid points on both sides. I will say that cheap(er) fuel sells Large SUV's, Hummers, etc... Not much innovation or incentive to improve those gas monsters. High gas prices, small fuel efficient stuff.
Americans have short memories. The oil embargo of the 70's was quickly forgotten and it was back to the norm-bigger is better. Tax breaks,subsidies, and .gov driven initiatives pay off. It wasn't long ago that the only reason people bought Prius's around here was so they could drive in the HOV lane with one person. A simple plan that cost no one any money, but yet encouraged people to buy fuel efficient vehicles. It has always been easier to buy/ build overseas due to the US's NIMBY policies driven by the EPA. I think it's been 25 years since the last refinery was built. |
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03-08-2012, 10:26am | #24 | ||||||
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Increased production equals decreased prices, period. In an oil glut, prices drop. Very simple economics 101. Cheaper energy leads to a booming economy, which fuels investment in innovation. Can't live without government control of everything, try living in Cuba.
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03-08-2012, 10:38am | #25 | |||||||
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03-08-2012, 10:44am | #26 | |
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03-08-2012, 10:48am | #27 | ||||||
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I have already explained why this is incorrect.
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03-08-2012, 10:52am | #28 |
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03-08-2012, 10:57am | #29 | ||||||
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Democrats in 2002: We shouldn't drill for oil in Alaska! Even if we did, that oil wouldn't be in the pipeline for 10 years!
Democrats in 2012: Quit your bitchin'! Oil is passe! Don't worry, come November Obama will be the President of the Past. |
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03-08-2012, 10:57am | #30 | |||||||
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2) Make speculating on oil illegal. |
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03-08-2012, 11:00am | #31 | |||||||
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3) Rename the White House to The Kremlin. 4) Assign jobs to citizens according to the needs of the State. 5) Outlaw private property. |
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03-08-2012, 11:08am | #32 | ||||||
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03-08-2012, 11:10am | #33 | ||||||
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This thread is starting to reek of PR&C
But I do agree with Joe that maybe we need to look at outlawing Speculation on oil prices. |
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03-08-2012, 11:12am | #34 | ||||||
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03-08-2012, 11:13am | #35 |
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joe, more government intervention is only a solution in the mind of lock-step liberals no matter what side of the aisle they sit on.
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03-08-2012, 11:13am | #36 | ||||||
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03-08-2012, 11:20am | #37 | |||||||
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I know this will get shit because its a Wiki article, but there is a lot of good information on the subject here. http://en.wikipedia.org/wiki/Nationalization_of_oil_supplies |
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03-08-2012, 11:22am | #38 | ||||||
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03-08-2012, 11:23am | #39 | |
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03-09-2012, 8:18am | #40 | ||||||
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