Saturday, December 26, 2009

Did you know oil prices have gone down 11% since Bush took the ban off offshore drilling?

When will the democrats in Congress finally admit they are wrong?Did you know oil prices have gone down 11% since Bush took the ban off offshore drilling?
Just watch. If it keeps dropping and gas prices fall more we will see the same democracts who have screamed for years that Bush is raising the gas prices somehow...now they will be saying Bush is lowering them and complain about that. They will say hes doing that to make the republicans look good.


Hello Dems..no one man-not even the President can control gas and oil prices.Did you know oil prices have gone down 11% since Bush took the ban off offshore drilling?
$18 in 3 days I think it's been. Let's hope it sets a trend and we will be seeing the results in a couple of weeks.





I've already seen a 10 cent drop in the last few days in my area.


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Democrats and Republicans are expected to deal with four measures next week 鈥?each side offering a bill to deal with speculation and each side offering its own energy bill. It is unclear how the debate will unfold or what will be in each bill. Democrats are expected to address drilling in their energy bill, though they are not expected to call for an opening of any new areas for this, according to a senior Democratic leadership aide. Republicans have long pushed for new drilling, anti-speculation measures, and increased use of plug-in vehicles.
THEY HAVE NOTHING TO DO WITH EACH OTHER!





even prez bush said that lifting the ban wont produce any oil for a few years. the reason gas prices have gone down is becuz the summer is winding down (after july fourth) and the summer demand for oil is slowing. this happens every year, at the same time. look it up, this part is cyclical (not how high it is, but that it rises before summer and during winter and at the end of those seasons, gas prices dip...slightly. lifting the ban on offshore drilling has had nothing to do with the decline in gas prices.








btw 11%?!?! i coulda swore my gas cost me 4.10 last week and 4.08 this week. thats not even close to 11%....do you mean 1.1%?
the reason the price has dropped is because the country is using less fuel, and the speculators are in the season where oil future contracts are expiring and new ones have to be bought. They are afraid that the fuel use will continue downwards, and the increases surplus will drop the price of future oil. That is is the real reason it has nothing to do with Bozo The President and is short sighted decision. That ';new oil'; will not be on line for over 5 years. Because it is off shore it will be put on boats and sold to China. We will not see any of it here.
there is a problem with that.... oil prices are based on sales and speculation. its not what the oil is worth but what they think the market can pay and is willing to pay. if you look at other factors you will see that overall oil consumption has actually dropped. people are car pooling, trying to do more things closer to home, avoid eating out, etc. because of the affect oil prices have had on the cost of everything. at this point it is in the best interest of the oil companies to reduce the price of the oil to stop this trend and keep selling oil at a steady rate. i am sure that the oil drilling news did have an effect but realistically, we will not see oil from off shore drilling for at least 5 years. they have to find a place where there is oil. build the rigs, get the crews, etc. all of that takes time.
They wont. They have decided to cripple this country more so that they can claim that it is Bush's fault for the gas prices. Did you know that Obama has no problem with how high the gas prices are, he is just concerned how fast they went up. What kind of bogus answer is that. The dems want us to think that only the government can take care of us and we need the government to survive. The whole argument that Europe's gas is twice as high as our gas is stupid. The extra price is due to taxes to offset the 'carbon emissions' in there cars. Now Europe wants to tax them more for 'carbon emissions' and the populace is started to ask why the high taxes now are not enough.
My Gas 3.83, you might live in a more democratic state that taxes your gas more?


I heard on the news yesterday, that Gas could drop as much as .40 a gallon.


But also heard this morning, Crude went back up. There is trouble at some pump, in......ummm some country. I don't remember.


I dont Give Bush Credit for Gas dropping, but I also do not accuse Bush of making the Gas go up.





I blame speculators, CEO's, supply and demand
That's nice...but read more into it next time:








http://gasbuddy.com/








Prices aren't dropping under $4. Doesn't matter that the price of oil has dropped...no one is noticing that we are still paying an arm and a leg at the pump.








Edit: I'm not talking about generally my price...I'm talking in general. One county's gas prices don't compare with those of the rest of the country. And there are many more places where gas is continuing to be expensive, regardless of the drop in oil.
Yes, but also factored in is the fact that Americans have cut way back on their driving. This was reported in the news last night. Cutting back is very effective, since it hinders those who are gouging us.....in their pockets, where it hurts most.
Good for you. Our gas prices went up twice since he made that announcement. Also, why didn't the good President do this when he had Republican control of congress? He could have passed the bills he wanted. This is just more election year BS.
People speak before they have all the facts. What country does the US import the most oil from? SAUDI ARABIA right--BUZZZZZ. Wrong. The correct answer is CANADA. Do your research and stop watching FoxNews and Idiot O'Reilly.
Things always get worse before they get better. In due time, they have been getting so much bad publicity it's not funny, and I think they also know Barry isn't going to be our next president.








JUST VOTE MCCAIN !!!
Just think what the price of gas will be if Obama gets his tax on oil companies, I bet Jimmy Carter is praying Obama will knock him out of the #1 spot for the worst president we've ever had.
never! They can't safe face if they admit they are wrong. The don't care about us and will fight against drilling until their last dieing breath.
No, but I am not surprised. Hopefully we will see gas prices at the pump go down some but I am not counting on it.
Three days is not enough to establish a long-term trend.
if congress would do the same oil would crash
Yes, I agree.
yes I knew.
democrats learn slowly but they are teachable ,i think
lol..is this a joke

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