Man, we are soooooo farked.

It doesn't sound like he is ignoring the situation at all, quite the opposite in fact. However, it does sound like there isn't very much he can do about it (in regards to the Saudis). Prices will remain high as long as people continue to pay them. People, for the most part, will continue to pay high prices because there is no viable alternative at the moment. Myself, I am investing in a bike.

Maybe people should drive smaller cars?

FTA: When Bush first ran for president in 2000, he criticized the Clinton administration for high fuel prices and said the president must "jawbone" oil producing nations and persuade them to drop rates. At that time, oil was nearing $28 a barrel.

He actually said a president must "jawbone", meaning converse with, and some people ate. that. shiat. up. And farking loved it.

We deserved the last eight years.

We could have started drilling for new oil sources and building new oil refineries in 1993 and we wouldn't be in the mess we are in now. The party of the president at the time to say nothing of the president himself would have none of it of course.

Bush in 2000: Faults the president for not doing more on $28/barrel oil. Bush in 2008: Oil at $128/barrel, nothing to see here, move along

The problem of 28 dollar a barrel is over for Bush. He solved it for his oil buddies.

Would this be a case of Clintoned in the Headline?

Everything really went to shiat since 2001. It's probably gonna get worse, I'm just saying prepare yourselves y'all!

Well, no shiat. Why would they increase the production when they can charge as much they want? Bush is farktard. He got into Iraq, the least he could do is use the Iraqi oil to offset the oil need in America. We spend 100 billion/month in that hell hole and what do we have to show for it? Bush calling Obama an appeaser...

randomjsa: We could have started drilling for new oil sources and building new oil refineries in 1993 and we wouldn't be in the mess we are in now. The party of the president at the time to say nothing of the president himself would have none of it of course.

We have plenty of refining capacity. Just because new refineries haven't been built doesn't mean our existing refineries haven't been expanded.

madcharlie: Myself, I am investing in a bike.

I was going to but the people around here drive like shiat.

randomjsa: We could have started drilling for new oil sources and building new oil refineries in 1993 and we wouldn't be in the mess we are in now. The party of the president at the time to say nothing of the president himself would have none of it of course.

We could have started drilling for new oil sources and building oil refineries in 2001 and we wouldn't be in the mess we are in now. The party of the President at the time, to say nothing of the President himself, would have none of it of course.

randomjsa: We could have started drilling for new oil sources and building new oil refineries in 1993 and we wouldn't be in the mess we are in now. The party of the president at the time to say nothing of the president himself would have none of it of course.

You don't need new refineries. The ones we have can still dote job if we use them to their capacity. Doesn't help if ExxonMobil shuts down the refineries saying 'no need to use them as the demand is not high'

TheJoe03: Everything really went to shiat since 2001.

Um... 9/11 changed everything!

Remember?!

Desquamation: TheJoe03: Everything really went to shiat since 2001.

Um... 9/11 changed everything!

Remember?!



Wow, talk about missing the point...

Didn't we fight a war for these assholes in '91?

Another issue is standards. Every region has a different standard for exhaust gases. If we all had the same standard, the refineries could develop an economy of scale and prices could come down. Note I didn't say would come down. Just could.

mofomisfit: FTA: When Bush first ran for president in 2000, he criticized the Clinton administration for high fuel prices and said the president must "jawbone" oil producing nations and persuade them to drop rates. At that time, oil was nearing $28 a barrel.

He actually said a president must "jawbone", meaning converse with, and some people ate. that. shiat. up. And farking loved it.

We deserved the last eight years.

Well, at least the last eight years have possibly killed the Republican party for years or decades, maybe even permanently. I'm not sure if everybody realizes how farked the not-so-Grand-but-very-very-Old Party is. It is conceivable that after this election the Democrats will have a filibuster-proof majority in the Senate, a solid majority in the House, and the presidency. No guarantees (getting to 60 in the Senate will be quite difficult, although it's possible), and I am counting chickens before they hatch, but that may be the real Bush legacy-destroying the Republican party from within.

The First

You don't need new refineries. The ones we have can still dote job if we use them to their capacity. Doesn't help if ExxonMobil shuts down the refineries saying 'no need to use them as the demand is not high'

Have you gone to an oil pump recently and it said there was no gas to buy? So its seems they are quite right they don't need more refinery capacity, or to run existing refineries at closer to capacity. Gas is more expensive because the oil is more expensive, not due to any lack of refinery capacity.

randomjsa: We could have started drilling for new oil sources and building new oil refineries in 1993 and we wouldn't be in the mess we are in now. The party of the president at the time to say nothing of the president himself would have none of it of course.

Seriously, it's a good thing that the president who proceeded him went ahead and drilled for new domestic oil sources and built new refineries.

Geotpf: Well, at least the last eight years have possibly killed the Republican party for years or decades, maybe even permanently. I'm not sure if everybody realizes how farked the not-so-Grand-but-very-very-Old Party is. It is conceivable that after this election the Democrats will have a filibuster-proof majority in the Senate, a solid majority in the House, and the presidency. No guarantees (getting to 60 in the Senate will be quite difficult, although it's possible), and I am counting chickens before they hatch, but that may be the real Bush legacy-destroying the Republican party from within.

The country controlled by Democrats with absolute power scares me as much as one owned by Republicans.

Desquamation: Um... 9/11 changed everything!

Remember?!

Knock, knock

Who's there?

9/11.

9/11 who?

YOU SAID YOU WOULD NEVER FORGET!!!!

xria: Have you gone to an oil pump recently and it said there was no gas to buy? So its seems they are quite right they don't need more refinery capacity, or to run existing refineries at closer to capacity. Gas is more expensive because the oil is more expensive, not due to any lack of refinery capacity.

Supply of demand. If the refineries produce less oil, less oil goes into the market. Less oil = higher the prices. They WILL NEVER lower the oil production to a point where the gas pumps are empty. They WILL however produce, say 70% of their normal rate so they can higher the prices.

"U.S. influence over OPEC and Gulf oil production is diminished," he said. "It's not clear what the incentive is to Saudi Arabia. We can't deliver on (Mideast) peace. We can't deliver on arms transfers. We can't deliver on the Iraq that Saudi Arabia wants. We are raising problems in terms of Iran. And the reality is the market isn't being driven by us; it's being driven by China, by India, by rising Asian demand."

Say what? Did a government spokesman just admit that we're over there to appease the Saudis?

How did all of OUR oil get under THEIR sand??

mofomisfit: We deserved the last eight years.

Vote for McCain and for at least the next four, you'll get the Change You Deserve, too.

/can a life-long national politician really run on a 'change' platform?

I heard the on NPR that in the past 30 days gasoline went up 39 cents...I personally use about 40 gallons a month so my expenses went up almost 16 bucks in the past month with obviously no raise in my income...I do ok and can absorb that cost, but I can't imagine people who are barley making it by, those extra costs must be a real problem

"You guys get that, right? Gas is three dollars a gallon, our president is a Texas oil man? Heh, we're a bunch of retards."

Headso: I do ok and can absorb that cost, but I can't imagine people who are barley making it by, those extra costs must be a real problem

I'm sure those people are really getting a kick out of the "just buy a smaller car / just buy a hybrid" replies, also ;)

Headso: I heard the on NPR that in the past 30 days gasoline went up 39 cents...I personally use about 40 gallons a month so my expenses went up almost 16 bucks in the past month with obviously no raise in my income...I do ok and can absorb that cost, but I can't imagine people who are barley making it by, those extra costs must be a real problem

Or people that have long commutes. I know someone whose monthly gas expenditures are probably approaching $1,000.

PottyMcNugg
Maybe people should drive smaller cars?


I am all for lowering oil consumption by being more efficient, however, I don't think that reducing consumption is going to lower price of oil.

Bush is from an Oil family. Do the math.

The personal net worth of his family has skyrocketed during his time in office.

joeycolby: Say what? Did a government spokesman just admit that we're over there to appease the Saudis?

Yes, it's OK to appease some theocratic, totalitarian dictatorships. Some theocratic, totalitarian, dictatorships are more equal than others.

FTA (headline, actually):

"White House says Riyadh doesn't see enough demand to raise output"


I almost punched the motherf*cking monitor.

joeycolby: Say what? Did a government spokesman just admit that we're over there to appease the Saudis?

Bush and McCain will ignore that. They will however blame Obama for wanting an open dialogue to resolve conflict. Its kind of a low trick that Bush and McCain will call Obama an appeaser when Bush himself talks with terrorists. Didn't we talk with North Korea to pull the plug on their nuclear ambition?

Bush's approach of ignoring them hasn't worked for 7 years! Bush's stance on Iran has made Iran stronger...

PottyMcNugg: drive smaller cars?

Commie!!!!

The First: They WILL however produce, say 70% of their normal rate so they can higher the prices.

Why come you got no tattoo?

Turfshoe: Bush is from an Oil family. Do the math.

The personal net worth of his family has skyrocketed during his time in office.

Bush May Have Lost Wealth During Presidency (new window)

Mr. Anon: Bush in 2000: Faults the president for not doing more on $28/barrel oil. Bush in 2008: Oil at $128/barrel, nothing to see here, move along

The problem of 28 dollar a barrel is over for Bush. He solved it for his oil buddies.

What?? Get outa here. Your telling me just because Oil men got in office and set the energy policy with other Oil men and they made hundred's of billions of dollars that there is some type of connection?

/they told me was all strictly coincidence

Hang On Voltaire: Bush May Have Lost Wealth During Presidency (new window)

You actually read that article, right?

Senescent Dawn: Headso: ...I do ok and can absorb that cost, but I can't imagine people who are barley making it by, those extra costs must be a real problem

Or people that have long commutes. I know someone whose monthly gas expenditures are probably approaching $1,000.

It's not just the gas for your car that makes the expenses higher. Prices for everything else around you goes higher because of the oil prices. A plan tic from NY to HOU used to cost me $224, now it costs me about $450 -- mainly because of the fuel costs. Many restaurants around me charge more to offset their expense for truck deliveries...

Even my MTA charges are higher cause the City pays more now for the oil then they used to, say 3 years ago...

Time to start haunting the penny saver for wrecked motorcycles to re-build.

Hang On Voltaire: Bush May Have Lost Wealth During Presidency (new window)

Holy fark you're an idiot. At least you're consistently so.

randomjsa: We could have started drilling for new oil sources and building new oil refineries in 1993 and we wouldn't be in the mess we are in now. The party of the president at the time to say nothing of the president himself would have none of it of course.

and we could have done the same thing in 2001. but no we had to go and get our ass stuck in the desert trying to seize oil by force.

Hang On Voltaire: Turfshoe: Bush is from an Oil family. Do the math.

The personal net worth of his family has skyrocketed during his time in office.

Bush May Have Lost Wealth During Presidency (new window)

You do actually read the articles, right?

FTA:

"Bush and his wife, Laura, were worth at least $9 million and as much as $24 million at the start of his term. The Bushes could still be worth as much as $20 million now, according to the financial documents filed with the Office of Government Ethics, which requires assets to be reported only within broad ranges."

I'm seeing consequences of a failed home market...but not seeing any losses.

BigG: Hang On Voltaire: Bush May Have Lost Wealth During Presidency (new window)

Holy fark you're an idiot. At least you're consistently so.

Yes, that is one constant we can count on.

Hang On Voltaire: Bush May Have Lost Wealth During Presidency (new window)

Hmm where's the mention of that 100,000 acre purchase in Paraguay ^{(^)}?
That's an asset isn't it?

The First:
Supply of demand. If the refineries produce less oil, less oil goes into the market. Less oil = higher the prices. They WILL NEVER lower the oil production to a point where the gas pumps are empty. They WILL however produce, say 70% of their normal rate so they can higher the prices.

Are you high? If you are willing to pay you can buy as much gasoline as you wish. Gas station after gas station will gladly sell you everything they have with more on the way.

Production is not what creates demand, increased global CONSUMPTION is what creates demand.

The First: A plan tic from NY to HOU used to cost me $224, now it costs me about $450 -- mainly because of the fuel costs.

Round trip flight from Atlanta to Boston on Airtran cost me $250. May I suggest you find a different airline?