TF, did you read my post at all?
I said the value of the dollar vs the price of gas.
I said the value of the dollar vs the price of gas.
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Gas Prices Skyrocket Under Obama
- Thread starter Tcas
- Start date
djv
djv
you honestly think O will freeze the price and open up reserves at $3? i'd like some action on that prop my friend.
djv
you honestly think O will freeze the price and open up reserves at $3? i'd like some action on that prop my friend.
LW... The dollar had strengthened over the past year but only because banks and businesses hoarded dollars in the wake of the economic collapse when credit dried up. And the dollar had lost 40% of its value over the previous 6 years, so it's a little misleading to say "Since O has taken office the dollar has gotten killed". Am I missing something here (because the dollar hasn't been been strong for a long time)?
TF, you said the dollar has been stronger because banks hoarded money etc. Have they not been doing that since Jan? All I know is that I look at the strength of the dollar vs the Euro, Jpy, GBP and others. Since O took office the dollar has gotten killed, nothing more nothing less. So the banks and businesses must have stop with the hoarding I guess.
Don't get me wrong, I'm not saying it's O's fault because it's not and neither is the price of gas. BUTTT, it wasn't Bush's fault either. The people who think it is and was don't know how our global economy works.
Don't get me wrong, I'm not saying it's O's fault because it's not and neither is the price of gas. BUTTT, it wasn't Bush's fault either. The people who think it is and was don't know how our global economy works.
Stevie, I must admit to you that I'm wrong and you're correct. The price of gas did follow the dollar under Bush and it looks like that's what it's doing under O. I didn't take time to look at last year, all I was looking at was this year.
If the prices go up like they were i would be willing the bet Obama does something. If he doesn't then u are right. Bush did nothing but laugh. Heck he wouldn't even release the reserves. I won't give Obama a free pass with anything. Im still pissed he kept that eaves dropping program and is cowering with throwing those two assholes in jail for a variety of criminal activity. The only reason he gets a semi pass with me is because he was handed the shitiest deck of cards in my lifetime. As u can see from earlier post of mine going into Iraq didn't help prices at all. A war of choice were a lot of dirty people got rich. Not people linked to Obama i believe.
Sponge, I am in your camp for Obama but I am starting to think he has to start doing something. We blamed Bush for not doing anything with the illegals when he had control of everything. Well, Obama has control of everything and he ain't doing anything either.
Obama didn't do anything to help people refinance. In fact he allowed it to get harder by allowing these banks, that we bailed out with our money, to attach huge closing costs to mortgages that previously many had done away with.
I want to see the Health Care Ijndustry overhauled. I am not interested in the Government or me paying for it because either way it is me. I want to see the costs brought back in line with reality.
He can take over all the car companies he wants but it seems to me there must be a surplus of unsold cars.So why is he using my money to build more?
A lot of what this guy says I like but so far I have not seen much action in the things he talked about.
Waterboarding versus electric shocks? I dunno. I think we have bigger problems.
Gas has been going up fast and so far he hasn't said a single thing about it.
Yes he took over a house of cards that was about to collaspe but it is time he started supporting the base. The average working man.
Sponge, I'm not sure what gas prices will do but it will be very interesting to watch.
Here's the problem with your line of thinking on Bush and oil prices. Short term yes people made a lot of money on the prices shooting up, long term it's bad for those same people. If you're making money off of oil and will continue to you're not wanting consumers to get scared enough that they start searching out alternative forms of energy. If you keep it where it is then it's truely a cash cow for life, if it gets too high you may lose a lot of your consumers.
I know I have family that makes a good amount from oil and that's how they look at it.
two bulls are on a hilltop looking down at the sexy beautiful cows on the pasture below. the son bull looks at the father bull and says "HEY DAD !! lets run down there and fuck one of them cows !!!"
the father bull looks at his son and says "No son. lets WALK down and fuck them ALL. "
Here's the problem with your line of thinking on Bush and oil prices. Short term yes people made a lot of money on the prices shooting up, long term it's bad for those same people. If you're making money off of oil and will continue to you're not wanting consumers to get scared enough that they start searching out alternative forms of energy. If you keep it where it is then it's truely a cash cow for life, if it gets too high you may lose a lot of your consumers.
I know I have family that makes a good amount from oil and that's how they look at it.
two bulls are on a hilltop looking down at the sexy beautiful cows on the pasture below. the son bull looks at the father bull and says "HEY DAD !! lets run down there and fuck one of them cows !!!"
the father bull looks at his son and says "No son. lets WALK down and fuck them ALL. "
Good point Layin but I ask you who do you think will be controlling the alternative energy? I think, most likely, the same guys that are controlling big oil..
One thing the republicans do is stick together. There is this handful of democrats that will throw a wrench in everything. It is gonna take a miracle to get out of this mess and i aint feeling that confident either.
Some asked what Obama can do about gas prices.
I told you what he can do if he wants to. I did not say he will forsure.
I told you what he can do if he wants to. I did not say he will forsure.
Many of the "so - called experts" I have listened to, believe that opening reserves could lower gas $1 per gallon for about 8 month. :shrug: :shrug: I don't know if I can blame Bush and Cheney for the price of gas but I do.. I agree that those bastards were loving every minute of $4/gallon gas and thats what pisses me off.. Bush didn't seem to care. Now if gas gets up to $4 per gallon again I will be pissed off at Obama, and then that would validate Bush and Cheneys innocence a little, but if gas goes down then I think more blame will placed on Bush..
Yes he can freeze price. Opening reserve will not get you a dolllar drop. It might get you 30 cents.
He can't freeze gasoline prices. Give me a freaking break. Prices will rise and they have to. There are too many areas of this world where the cost of drilling is high and can only be done if the price itself is making it worth while.(Canada being the best example)
You guys realize that eventually gas is going to go up. There's nothing we can do about it and it's not the presidents fault. It's inflation, usage and supply. Nothing more, nothing less.
You guys realize that eventually gas is going to go up. There's nothing we can do about it and it's not the presidents fault. It's inflation, usage and supply. Nothing more, nothing less.
Who said oil prices. He can freeze price of gas at the pumps. How ever we are getting played by big oil again. There is one outfit nat oil co a hauler of oil. Has something like 5 huge tankers. 8 of them are sitting off shore holding oil several weeks. Why demand is not there. Thats just one outfit doing that. Why you thing there doing it.
So lets say we're getting PLAYED by big oil again. All I heard for the last few years when prices went up was that it was Bush's fault. So if we're being played again is it Obama's fault?
For what it's worth, the dollar is close to breaking back down after a nice upwards retracement. If it does break this small level of support it's sitting on I would expect it to gain value fairly quickly. If all else holds serve then we should see a run down in gas prices as well.
That's very true. They can manipulate prices in the short term by withholding the supply of crude but the price of crude in the long run will always be determined by the strength of the dollar. Oil exporting coutries will always offset a weakened dollar by raising the price of crude.
