Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

  1. This post has been removed.

     
  2. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to A_Concerned_Citizen's comment:

    In response to skeeter20's comment:

     

     

    When did $3 a gallon become the standard by whihc to measure the price of gas?

    I still remember $1.80 gas.  When was that?  Oh, yah, that's right. 

    The day Obama was innaugerated.

     

     




    And the economy was contracting at -9%, the worst since the Depression, unemployment was rising just as fast and the deficit hit an all time high...all because a Kenyan, Muslim usurper placed his hand on a Quoran....

     

    Ahhh, the good old days......



    I repeat: when did $3 become the standard by which to measure good times?

     

     
  3. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to UserName9's comment:

    In response to ComingLiberalCrackup's comment:

     

    How about the US not being reliant on the volatile Middle East and produce our own oil and gas, and become energy independent?

    Wacky liberals say no, sane Americans say yes.

    The National Intelligence Council’s report reiterates recent estimates that U.S. oil production may expand to 15 million barrels a day, more than double current output, and enough to make the nation “a major energy exporter” by 2020.

    Additional production could significantly cut oil prices, increase U.S. economic activity by more than 2 percent and add 3 million jobs by 2030, the report states.

    Drillers including Exxon Mobil Corp. (XOM) and Chesapeake Energy Corp. (CHK) are using fracking to unlock once inaccessible reserves of oil and natural gas in the shale formations of North Dakota, Texas, Pennsylvania and Ohio.

    The International Energy Agency predicted last month that the U.S. would overtake Saudi Arabia as the biggest crude-oil producer by 2020. Citigroup Inc. (C) in a March report said increasing U.S. and Canadian production would make North America energy independent by 2020.

     



    The only thing stopping these companies from going after more natural gas is economics, not some government policy.

     

    We have too much supply already, and it has driven the price down to below the break even point.  Exxon and Chesapeake can frak to their hearts content, but they won't until the price gets to be around $5 MMBTu's



    what a load of BS. The EPA and the Obama administration is doing everything they can do to choke off energy independence, largely through stupidity.

     
  4. This post has been removed.

     
  5. This post has been removed.

     
  6. You have chosen to ignore posts from slomag. Show slomag's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to bigdog2's comment:

    In response to slomag's comment:

     

    Nothing is more pathetic than conservatives pointing to gas prices on inauguration day, 2009.  The American economy was crumbling all around us, and one of the by-products was low gas prices for about 5 minutes.  Bush had the worst record in history on gas prices - all the record highs for gas prices are still from 2008.  

    If you're ever wondering if the conservative you're debating is honest but misguided, or a straight-out fraud, ask him about gas prices on inaguration day.  Does he give you an honest answer or a four-alarm Skeeter?

     

     



    Oh Please.  Bush had 06/07/08 where prices definitely spiked............a 3-year trend.  As we all know by the end of 08 prices were on their way back down quickly, and gas was at 1.80 in Jan/09.  We have now had 5 yearsof Obama and gas has been OVER 3.00 most of that time.  In fact, most of the 5 years it`s been over 3.50.  AAA said just yesterday, "we will never see gas at less than 3.00 again". 

     

    You want to match 3-year trends, Bush vs Obama, you might get people to listen...........it`s been five years however, and exorbitant gas prices are owned by Obama.  And, let`s not forget he did campaign ads from gas stations in 2008 trashing and blaming Bush.  So did Hillary, so did Pelosi. 

    The price of gas effects everything. 



    Wrong - it was a 7-year escalating trend, and showed no signs of reversing before the crash.  Since prices have stabilized, they have been flat.  If diplomacy has indeed brought about lower gas prices, then Obama's ads have proven prescient.

     
  7. You have chosen to ignore posts from Hansoribrother. Show Hansoribrother's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to A_Concerned_Citizen's comment:

     

    Gasoline prices drop closer to $3 and could keep falling.

    Remember $3 gas? Well the price is headed down and might get back to that level again after more than three years.

    The average price for a gallon of gasoline in the United States fell 6.4 cents in the last two weeks, as crude oil declined and refiners passed on the difference to motorists.

    Some industry experts believe the price could keep falling, even below $3 per gallon for the first time in three years.....

     

    Trilby Lundberg, survey editor, said the rise came alongside a decline in the price of crude oil. Crude has fallen as Libya has produced more and there have been signs of diplomatic progress regarding Syria and Iran.


    http://www.nbcnews.com/business/gasoline-prices-drop-closer-3-could-keep-falling-4B11232610



    OMG.who actually caused the tensions in Syria??? COuld it be the "leader" of a superpower who threatened an attack? And Syria has miniscule oil production compared to the rest of the countries over there that would be engulfed in an escalation from an attack from the US.

    Do you actually work and make money with that brain?

     
  8. You have chosen to ignore posts from Hansoribrother. Show Hansoribrother's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to A_Concerned_Citizen's comment:

    In response to StalkingButler's comment:

     

     

    Good thing non-establishment Republicans, libertarians, and the far left all joined together to vigorously oppose intervention in Syria, eh?

     

    --

    Think for yourself, question authority.

     

     




     

    I guess we'll never know since there were never any votes taken, no official declaration of objection so unless you have your crystal ball working....

    What we do know is that the threat of military strikes immediately preceeded the Syrian capitulation and Iran's diplomatic outreach.

    Anything else is pure speculation.

     



    Very Bushonian on your part. 

    Was the threat more than a pin-prick or less? I'm sure Assad was shaking in his boots.

    Geez man what has happend at the globe? I can't use the word "prick"? Who is in charge there? 

    Oh they are so smart them "libruls" at the globe. Pin-prick is ok.

     
  9. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to MattyScornD's comment:

     

    But in fact, there really is very little evidence showing that keystone XL will have any substantive effect on retail gas prices.

    All that environmental risk for a few hundred permanent jobs and little-if-any appreciable difference to the average consumer??  It just doesn't seem worth it...

    ...but then, we don't have to live there, do we?

     



    Environmental risk? A pipeline? Below is a map of existing pipelines in the US...so you better hide under the bed......pipelines are very safe......
    Oil and Gas Pipelines in the U.S. (Source).

     
  10. This post has been removed.

     
  11. This post has been removed.

     
  12. This post has been removed.

     
  13. You have chosen to ignore posts from ComingLiberalCrackup. Show ComingLiberalCrackup's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to A_Concerned_Citizen's comment:



    Like I said, Russia and Assad capitulated and the only threat on the table at the time was a military strike.

    If you think you can discern alternate realities from your crystal ball then be my guess.

    It only shows your penchant for wild speculation in the face of indisputable evidence.

    That seems to be the wingnuts hallmark for everything these days, alternate realities that they just know must be true.

     



    Russia and Syria "capitulated"?

    Now that is your alternate reality...spiking the football at the 50 yard line, based on a play that is promised to be a touchdown....wait until the play is run!

    "Capitulated"? Like North Korea 'capitulated' when they bamboozled the Clinton Administration that they wouldnt build a nuke? Or  Neville Chamberlain thinking  Hitler "capitulated" at Munich?.

    The proof is in the pudding....consider it a capitulation when Syria turns over all its chemical weapons and complies with its promises...already it is late with information.

    Even the Obama Administration would not be so stupid as to claim a triumph of diplomacy at this point...

    Kerry said that "should diplomacy fail, the military option is still on the table." 

    At the U.N. level, Carney said, "We obviously want the strongest possible enforcement measures ... but the specifics are still being negotiated." 

    As sanctions did not deter Assad from prior attacks, some are skeptical that the deal will truly achieve the destruction of Assad's chemical weapons. 

    "I think this agreement is likely to fall apart simply in its implementation," former U.S. ambassador to the U.N. John Bolton told Fox News, predicting the Syrian government would not "completely and accurately" declare its weapons. 

    He cited reports that Assad is already moving chemical weapons to Lebanon and Iraq, saying he's got "plenty of time" to hide some of those weapons. 

     
  14. This post has been removed.

     
  15. You have chosen to ignore posts from slomag. Show slomag's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to bigdog2's comment:

    In response to slomag's comment:

     

    In response to bigdog2's comment:

     

    In response to slomag's comment:

     

     

    Nothing is more pathetic than conservatives pointing to gas prices on inauguration day, 2009.  The American economy was crumbling all around us, and one of the by-products was low gas prices for about 5 minutes.  Bush had the worst record in history on gas prices - all the record highs for gas prices are still from 2008.  

    If you're ever wondering if the conservative you're debating is honest but misguided, or a straight-out fraud, ask him about gas prices on inaguration day.  Does he give you an honest answer or a four-alarm Skeeter?

     

     

     



    Oh Please.  Bush had 06/07/08 where prices definitely spiked............a 3-year trend.  As we all know by the end of 08 prices were on their way back down quickly, and gas was at 1.80 in Jan/09.  We have now had 5 yearsof Obama and gas has been OVER 3.00 most of that time.  In fact, most of the 5 years it`s been over 3.50.  AAA said just yesterday, "we will never see gas at less than 3.00 again". 

     

     

    You want to match 3-year trends, Bush vs Obama, you might get people to listen...........it`s been five years however, and exorbitant gas prices are owned by Obama.  And, let`s not forget he did campaign ads from gas stations in 2008 trashing and blaming Bush.  So did Hillary, so did Pelosi. 

    The price of gas effects everything. 



    Wrong - it was a 7-year escalating trend, and showed no signs of reversing before the crash.  Since prices have stabilized, they have been flat.  If diplomacy has indeed brought about lower gas prices, then Obama's ads have proven prescient.

     

     




     

    Please, please bring us back to that "escalating trend" of 03/04/05/06 and 2.00 prices.  It would only save me about $100 a week.  Who needs that? 

    Like I said, the incompetent campaigned on high gas prices and how he would lower them for America.  Since he`s been destroying this country (5 years), gas prices have not come down and they have caused everything in every American`s daily life to cost more. 

    How can you not understand this?

     

     



    By definition, you can't be "brought back" to a trend.  But gas prices gained .40 / year on average from '03 - '06, so if that trend continued, we'd be looking at about $6/gallon right now.  Gas prices have been flat for two years - that never happened under Bush; they were always on the rise.  

    If you look at the chart and see the market crash as an aberration, then there's no denying the fact that gas prices under every President, save one, have been flat.  You can extend this chart back 50 years, and see the same results.  They were flat before Bush; they've been flat after Bush.  Standing in front of a pump in 2008 wasn't a promise to lower gas prices - it was a reminder that the GOP policies had created a harmful trend with no end in sight.

     

     
  16. This post has been removed.

     
  17. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to A_Concerned_Citizen's comment:

    In response to skeeter20's comment:

     

     

    I repeat: when did $3 become the standard by which to measure good times?

    I still remember $1.80 gas.  When was that?  Oh, yah, that's right. 

    The day Obama was innaugerated.

     

     

     

     

    I repeat: What moron would point to an arbitrary date like Jan 20 as a "standard by which to measure" gas prices?

     

    Why not Sept '05 when gas first broke the $3/gal. mark?

    Or July '08 when gas hit an historic $4.12/gal., a record not seen before nor since?



    Jan 20th, 2008, is an arbritrary date?

    I'm not the one claiming that $3 gas is some sort of magical benchmark that makes it all good, you are.

    I have heard of denial, but that's just incredible.

     
  18. This post has been removed.

     
  19. You have chosen to ignore posts from slomag. Show slomag's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to bigdog2's comment:

    In response to slomag's comment:

     

    In response to bigdog2's comment:

     

    In response to slomag's comment:

     

     

    In response to bigdog2's comment:

     

    In response to slomag's comment:

     

     

    Nothing is more pathetic than conservatives pointing to gas prices on inauguration day, 2009.  The American economy was crumbling all around us, and one of the by-products was low gas prices for about 5 minutes.  Bush had the worst record in history on gas prices - all the record highs for gas prices are still from 2008.  

    If you're ever wondering if the conservative you're debating is honest but misguided, or a straight-out fraud, ask him about gas prices on inaguration day.  Does he give you an honest answer or a four-alarm Skeeter?

     

     

     



    Oh Please.  Bush had 06/07/08 where prices definitely spiked............a 3-year trend.  As we all know by the end of 08 prices were on their way back down quickly, and gas was at 1.80 in Jan/09.  We have now had 5 yearsof Obama and gas has been OVER 3.00 most of that time.  In fact, most of the 5 years it`s been over 3.50.  AAA said just yesterday, "we will never see gas at less than 3.00 again". 

     

     

    You want to match 3-year trends, Bush vs Obama, you might get people to listen...........it`s been five years however, and exorbitant gas prices are owned by Obama.  And, let`s not forget he did campaign ads from gas stations in 2008 trashing and blaming Bush.  So did Hillary, so did Pelosi. 

    The price of gas effects everything. 



    Wrong - it was a 7-year escalating trend, and showed no signs of reversing before the crash.  Since prices have stabilized, they have been flat.  If diplomacy has indeed brought about lower gas prices, then Obama's ads have proven prescient.

     

     

     




     

     

    Please, please bring us back to that "escalating trend" of 03/04/05/06 and 2.00 prices.  It would only save me about $100 a week.  Who needs that? 

    Like I said, the incompetent campaigned on high gas prices and how he would lower them for America.  Since he`s been destroying this country (5 years), gas prices have not come down and they have caused everything in every American`s daily life to cost more. 

    How can you not understand this?

     

     



    By definition, you can't be "brought back" to a trend.  But gas prices gained .40 / year on average from '03 - '06, so if that trend continued, we'd be looking at about $6/gallon right now.  Gas prices have been flat for two years - that never happened under Bush; they were always on the rise.  

     

    If you look at the chart and see the market crash as an aberration, then there's no denying the fact that gas prices under every President, save one, have been flat.  You can extend this chart back 50 years, and see the same results.  They were flat before Bush; they've been flat after Bush.  Standing in front of a pump in 2008 wasn't a promise to lower gas prices - it was a reminder that the GOP policies had created a harmful trend with no end in sight.

     

     




     

    "Standing in front of a pump in 2008 wasn't a promise to lower gas prices - it was a reminder that the GOP policies had created a harmful trend with no end in sight."

    You should do stand-up comedy because that is LOL funny.  Clearly you haven`t seen Obama`s ad or Hillary and Pelosi`s statements directly whacking Bush for gas prices. (they are available and I could post them if you like?)

     

    Again, since Obama took office, an office he took based (partially) on a promise he made to LOWER gas prices, gas has risen and stayed at a price per gallon that is hurting the economy in a big way.

    Denying this FACT, or desperately trying to cover it up, excuse it, or ........well......blame Bush, is just pathetic.

     



    Please do post them, or any evidence at all that Obama promised to lower gas prices.  His energy strategy has always been geared toward alternatives and efficiency.  He wants electric cars and higher CAFE standards - not cheap gas.  Not in the long run anyway.

    There are only two things you can believe

    1) You look at that chart and think that the sharp drop in gas prices, co-inciding with the market crash, should have represented the new norm in gas prices, and Obama screwed it up by making them higher. or

    2) Gas prices fell like all stocks, corrected themselves to their pre-crash levels, like all stocks, and have now been flat for two years for the first time since the late 90s.

    If you believe the former you're an idiot; if you believe the latter you're a liar. 

     
  20. This post has been removed.

     
  21. You have chosen to ignore posts from slomag. Show slomag's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to bigdog2's comment:

    In response to slomag's comment:

     

    In response to bigdog2's comment:

     

     

     

    In response to slomag's comment:

     

     

     

     

     

    In response to bigdog2's comment:

     

    In response to slomag's comment:

     

     

    In response to bigdog2's comment:

     

    In response to slomag's comment:

     

     

    Nothing is more pathetic than conservatives pointing to gas prices on inauguration day, 2009.  The American economy was crumbling all around us, and one of the by-products was low gas prices for about 5 minutes.  Bush had the worst record in history on gas prices - all the record highs for gas prices are still from 2008.  

    If you're ever wondering if the conservative you're debating is honest but misguided, or a straight-out fraud, ask him about gas prices on inaguration day.  Does he give you an honest answer or a four-alarm Skeeter?

     

     

     



    Oh Please.  Bush had 06/07/08 where prices definitely spiked............a 3-year trend.  As we all know by the end of 08 prices were on their way back down quickly, and gas was at 1.80 in Jan/09.  We have now had 5 yearsof Obama and gas has been OVER 3.00 most of that time.  In fact, most of the 5 years it`s been over 3.50.  AAA said just yesterday, "we will never see gas at less than 3.00 again". 

     

     

    You want to match 3-year trends, Bush vs Obama, you might get people to listen...........it`s been five years however, and exorbitant gas prices are owned by Obama.  And, let`s not forget he did campaign ads from gas stations in 2008 trashing and blaming Bush.  So did Hillary, so did Pelosi. 

    The price of gas effects everything. 



    Wrong - it was a 7-year escalating trend, and showed no signs of reversing before the crash.  Since prices have stabilized, they have been flat.  If diplomacy has indeed brought about lower gas prices, then Obama's ads have proven prescient.

     

     

     




     

     

    Please, please bring us back to that "escalating trend" of 03/04/05/06 and 2.00 prices.  It would only save me about $100 a week.  Who needs that? 

    Like I said, the incompetent campaigned on high gas prices and how he would lower them for America.  Since he`s been destroying this country (5 years), gas prices have not come down and they have caused everything in every American`s daily life to cost more. 

    How can you not understand this?

     

     



    By definition, you can't be "brought back" to a trend.  But gas prices gained .40 / year on average from '03 - '06, so if that trend continued, we'd be looking at about $6/gallon right now.  Gas prices have been flat for two years - that never happened under Bush; they were always on the rise.  

     

    If you look at the chart and see the market crash as an aberration, then there's no denying the fact that gas prices under every President, save one, have been flat.  You can extend this chart back 50 years, and see the same results.  They were flat before Bush; they've been flat after Bush.  Standing in front of a pump in 2008 wasn't a promise to lower gas prices - it was a reminder that the GOP policies had created a harmful trend with no end in sight.

     

     

     

     




     

     

     

    "Standing in front of a pump in 2008 wasn't a promise to lower gas prices - it was a reminder that the GOP policies had created a harmful trend with no end in sight."

    You should do stand-up comedy because that is LOL funny.  Clearly you haven`t seen Obama`s ad or Hillary and Pelosi`s statements directly whacking Bush for gas prices. (they are available and I could post them if you like?)

     

    Again, since Obama took office, an office he took based (partially) on a promise he made to LOWER gas prices, gas has risen and stayed at a price per gallon that is hurting the economy in a big way.

    Denying this FACT, or desperately trying to cover it up, excuse it, or ........well......blame Bush, is just pathetic.

     

     

     



    Please do post them, or any evidence at all that Obama promised to lower gas prices.  His energy strategy has always been geared toward alternatives and efficiency.  He wants electric cars and higher CAFE standards - not cheap gas.  Not in the long run anyway.

     

     

    There are only two things you can believe

    1) You look at that chart and think that the sharp drop in gas prices, co-inciding with the market crash, should have represented the new norm in gas prices, and Obama screwed it up by making them higher. or

    2) Gas prices fell like all stocks, corrected themselves to their pre-crash levels, like all stocks, and have now been flat for two years for the first time since the late 90s.

    If you believe the former you're an idiot; if you believe the latter you're a liar. 

     



    If you think that after 5 years of an incompetent fool in the White House, coming in with gas prices at 1.80 per gallon, presiding over nothing less than 3.00 per gallon........again for FIVE YEARS, is NOT total failure...........then you`re both an "idiot" and a "liar".  There`s not ONE financial expert, novice, or human, that would think Obama has done anything but completely fail relative to gas prices, (all things energy for that matter).

     

    Your nonsense that starting with 1.80 and ending up 5 years later at 3.50 is "Bush`s fault" is as laughable as your thoughts on Benghazi, the IRS, and all the other dopey things you say in your desperate attempts to defend the worst president in history.

    Try the real world for a change.



    All right then.  You're obviously doubling down on the belief that if not for Obama, gas would be $1.80 right now.  I can't say any more to that, except stop eating the paste.

     

     

     
  22. You have chosen to ignore posts from slomag. Show slomag's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    In response to bigdog2's comment:

    "All right then.  You're obviously doubling down on the belief that if not for Obama, gas would be $1.80 right now.  I can't say any more to that, except stop eating the paste."

     

    I`m not saying that at all and you know it.  You also know that you lost this argument long ago and proved it when you started throwing insults, (the true measure of a debate lost).

    What I`m saying, and the world knows is, 5 years of Obama (your graphs don`t include 9 months of 2013 with gas at 3.61 average) has proven that he was lying his face off and blaming Bush along with Hillary and Pelosi all the while knowing full well he had no intention of helping America with exorbitant gas prices.  I`m also saying that 5 years of gas at 3.00/gallon-PLUS has destroyed the economy as EVERYTHING is reliant on gas.

    "stop eating the paste".................funny.  More insults from someone that has lost.

     


    Sorry bigdog - the non-lying version of your argument is "Obama implied he would bring gas prices down, and that hasn't happened".  That's a fair, honest, supportable argument, but a far less damaging one than "Obama made gas prices go up $2/gallon".  If you believe the fair argument, but you keep repeating the second argument, what are you?

    Gas prices have been flat since March, 2011 - even in 2013 ... http://www.GasBuddy.com/gb_retail_price_chart.aspx?city1=USA Average&city2=&city3=&crude=n&tme=36&units=us

    Even the videos you posted say exactly what Obama would do to reduce the pain (if not the price) at the pump.  1) Improve CAFE standards 2) Invest in alternative energies and 3) impose a windfall-profits tax on oil companies.  He's done 1 and 2.  He's also released strategic petroleum reserves when gas prices first started to climb, and there is commodities speculation regulation in Dodd-Frank, though it has yet to be enforced.  If this ever is in fact enforced, and gets passed the myriad of lawsuits from those entrenched in commodities speculation, this will actually affect the price at the pump.  There is more supply and less demand today than there was when gas was $2.50 a gallon.

     

     
  23. You have chosen to ignore posts from BilltheKat. Show BilltheKat's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    So the wingnuts are upset that gas prices are falling? And blaming the evil Obama?

    It must be dizzying to be a right wing whacko these days.

     
  24. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    Which "wingnuts" are upset gas prices are falling?

     
  25. You have chosen to ignore posts from FortySixAndTwo. Show FortySixAndTwo's posts

    Re: Gasoline prices drop closer to $3 and could keep falling and you'll never guess what they think is the reason.

    Anyone who said gas prices were the fault of Bush are just as wrong as anyone saying gas prices are the fault of Obama. 

     
Sections
Shortcuts

Share