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(RedState)   Let's take a stroll down memory lane to a time when the totally awesome B-RAWK Obama was going to do something about high gas prices and oil company profits   (redstate.com) divider line 162
    More: Fail, obama, profits, economic recovery, esplanades, gas prices, NIV  
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1263 clicks; posted to Politics » on 13 Mar 2012 at 11:27 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-03-13 11:55:33 AM
B-rawk Obomber is in the tank for the corporations, babies.

/Time to play another tune on the mighty political wurlitzer, peeps is be getting bored with this one all up in here.
 
2012-03-13 11:55:51 AM
That does it! I'm voting for McCain!
 
2012-03-13 11:57:24 AM
Movie ticket prices are at an all-time high, too. Thanks a lot, Popcornbama.
 
2012-03-13 11:59:19 AM

chi_tino: Instead of allowing US companies to go out and buy/develop resources, he cries like a biatch.


Go fark yourself.

www.heatingoil.com

si.wsj.net
 
2012-03-13 12:00:15 PM
So. Back in 2007, Barack Obama promised to do something about these $3.50/gallon gas prices, and apparently he did: we're now at $3.80/gallon gas prices. And notice how the trend lines are going? The price goes up a bit, goes down a bit, but generally ratchets up over time.

Rarely does an article argue so convincingly against its own intended point.
 
2012-03-13 12:00:45 PM

Car_Ramrod: GAT_00: MaudlinMutantMollusk: Like anything that reduced oil company profits or raised their taxes could get through congress?

As people seem to have completely forgotten, symbolic fights have value. Obama, and apparently most of the people on this site, are completely incapable of realizing that. It doesn't take a whole lot of thought to realize that if he had made a push on this with Congress he would be relatively immune from attack now and have a defense.

Yes, because Obama's critics have shown reluctance to attack Obama with no foundation in reality...


But he'd have a counter ad he could use that would likely be effective. Of course the GOP would attack him for it, but then he could say 'Hey, I did try to fix it and I was blocked. By you." As is, he has nothing, he just has to eat it and hope gas prices go back down. Which they won't, the Kochs will spend billions and take it all as losses by keeping speculation up, thereby keeping gas prices up and probably causing another recession. They are going to actually hurt every single American, and nobody will call them on it.
 
2012-03-13 12:01:12 PM
Go listen to today's press conference from the President. I'm not making this up.

Oh, please show me the graphs of rigs on government land, please. Not private land. kthxbye
 
2012-03-13 12:01:32 PM
Ugh! Not this shiat again.

Anybody else think this situation may have been engineered to support theTalking Points Narrative that Fartbongo made prices go up when he vetoed Keystone and they'll keep going up until you vote Republican?

Seems to me that people like the Koch brothers have more control over gas prices than politicians and it might not be coincidence that the 'Pubs started screaming about this right before prices actually went up.
 
2012-03-13 12:02:30 PM
Waaahhhh!!! I want the President of the United States of America to directly manipulate the price of a crucial commodity to create a temporary economic benefit... but I want him to do it in a totally non-socialist kind of way!!!

Waaaahhhh!!! The bad black man isn't overcoming my obstructionism the way I want!!!

Waaahhhh!!! He wants far-sighted policy changes that will break our toxic addiction to foreign petroleum, and those guys own us body and soul so we'll never STFU about drilling, baby, drilling!!!!


Seriously, guys... does simply growing the fark up ever seem like a good idea to you? Ever?
 
2012-03-13 12:02:37 PM

Barfmaker: He talked about working towards energy independence, not reducing the price of gas . In fact there were three bullet points at the end of the clip:

Windfall profits penalty
Invest $150B in alternative energy
Create 5 million jorbs

Mark harshly, but at least mark based on what he said.


...that eliminates 95% of Republican talking points.
 
2012-03-13 12:03:38 PM

vpb: So right wingers want us to nationalize the oil companies and have the government set prices? I guess a free market is too socialist.


i don't understand why oil extraction hasn't been nationalized already. Your taking a natural shared resource out of the ground and only paying pennies on the dollar to the people for the privilege. Norway for instance nationalize their oil exploration back in the 80s and put all the profits into a fund they didn't touch until the recent economic issues they are now just touching the interest. Its worth 3 trillion NOK about 500 billion USD.
 
2012-03-13 12:03:48 PM

Lord_Baull: I think the only way we can truly lower the price of gas is to invade another sovereign country.


I heard they discovered oil in Uganda, and now we have a viral campaign to do something about the government there. Coincidence????
 
2012-03-13 12:03:52 PM

Wyalt Derp: So. Back in 2007, Barack Obama promised to do something about these $3.50/gallon gas prices, and apparently he did: we're now at $3.80/gallon gas prices. And notice how the trend lines are going? The price goes up a bit, goes down a bit, but generally ratchets up over time.

Rarely does an article argue so convincingly against its own intended point.


Up 30 cents in 5 years? That's awful! Way to ruin everything, Obama.
 
2012-03-13 12:04:07 PM

Jackson Herring: chi_tino: Instead of allowing US companies to go out and buy/develop resources, he cries like a biatch.

Go fark yourself.


What is he going to do when Canada sells their Alberta oil to China?

Go listen to today's press conference. Why is he filing a complaint with the WTO?
 
2012-03-13 12:05:25 PM

Shostie: I imagine it goes a lot like this for our presidents:

As a candidate:

"I VOW TO DO THIS! IT IS A GREAT INJUSTICE AND I SHALL FIX IT!"

(crowd cheers, candidate is elected)

As president:

"Alright guys, next item on the agenda: That thing I promised. Let's fix that."

"Sorry, sir, but that is well outside the purview of your powers and probably illegal."

"Oh. Well, that's a pisser. ... So hookers and blow, then?"


Nice scenario, although I think in reality the being told its outside their powers bit would happen shortly before they announce they'll fix it.
 
2012-03-13 12:05:29 PM
Newsflash: When the US and Europe impose sanctions on Iran while Israel and Republicans talks about how awesome it will be to bomb the shiat out of Iran, oil speculators crank up the price of petroleum contracts in the commodities markets.
This drives up the price at the pump for all of us no matter how much oil is coming out of the ground.

There is little that the POTUS, Congress, Dick Armey, Sarah Palin, Newt Gingrich or anybody else can do about that.

Perhaps you've seen how that works in this movie:

farm8.staticflickr.com

In other news, when the economy recovers the demand for petroleum goes up.

Keep farkin that chicken regressives. Don't forget to click this link or the one upthread so Fox can explain it to you guys since that is the only source you all listen to. (new window)

Oh and I'll just leave this here for you "Drill baby! Drill!" babies.

farm8.staticflickr.com

Maek Moar Oil Obama! Durrrrrr!!!
 
2012-03-13 12:05:56 PM

chi_tino: Go listen to today's press conference from the President. I'm not making this up.

Oh, please show me the graphs of rigs on government land, please. Not private land. kthxbye


And here I thought we were talking worldwide, not domestic. Maybe I'm crazy.

chi_tino: His press conference this morning: "It's not fair that China is locking up energy reserves and rare earth metals worldwide. We are filing a complaint with the WTO."

Instead of allowing US companies to go out and buy/develop resources, he cries like a biatch.


Hmm...
 
2012-03-13 12:06:00 PM
What he said:

"Since the gas lines of the 70's, Democrats and Republicans have talked about energy independence, but nothing's changed. Except now Exxon's making 40 billion dollars a year, and we're paying three fifty for gas. I'm Barack Obama. I don't take money from oil companies or Washington lobbyists and I won't let them block change anymore. They'll pay a penalty on windfall profits, we'll invest ($150 billion) in alternative energy, create (5 million) jobs and free ourselves from foreign oil. I approve this message because it's time Washington worked for you, not them."

What conservatives heard:

"Blah blah blah blah blah, THREE FIFTY A GALLON IS WAY TOO MUCH AND I PROMISE TO LOWER GAS PRICES BECAUSE PRESIDENTS CAN TOTALLY DO THAT blah blah blah blah blah oil companies are evil and I hate them. I'm Barack Hussein Fartbongo and I'm a big doody head."
 
2012-03-13 12:07:36 PM

chi_tino: Jackson Herring: chi_tino: Instead of allowing US companies to go out and buy/develop resources, he cries like a biatch.

Go fark yourself.

What is he going to do when Canada sells their Alberta oil to China?

Go listen to today's press conference. Why is he filing a complaint with the WTO?


Are you suggesting that the President prevent a sovereign nation from selling something to another sovereign nation? How do you recommend he go about accomplishing this?
 
2012-03-13 12:09:05 PM

chi_tino: What is he going to do when Canada sells their Alberta oil to China?


It's cute that you didn't think it would still happen even if the Keystone pipeline got approved.
 
2012-03-13 12:10:11 PM

chi_tino: His press conference this morning: "It's not fair that China is locking up energy reserves and rare earth metals worldwide. We are filing a complaint with the WTO."

Instead of allowing US companies to go out and buy/develop resources, he cries like a biatch.


Wierd that the rare earth magnets thing is an issue.....Didn't the Clinton administration allow the transfer of technology to China by letting Magnequench be sold to the brother in laws of the Chinese Premier.

I don't think its the only transfer of technology to the Chinese that Clinton allowed either.....its almost like he was the Chineses biatch.
 
2012-03-13 12:10:21 PM

Barfmaker: He talked about working towards energy independence, not reducing the price of gas . In fact there were three bullet points at the end of the clip:

Windfall profits penalty

Nope. Hasn't happened.

Invest $150B in alternative energy
If doing bad deals with your campaign contributors like Solyndra counts, then he is doing a good job wasting money without any results.


Create 5 million jorbs
Close. He needs to create 7 million jorbs to reach this goal

Mark harshly, but at least mark based on what he said.


he also said he wouldn't take money from oil companies or lobbyests.
 
2012-03-13 12:11:51 PM

Wooly Bully: Cletus C.: Most Americans say Obama could lower gas prices if he gave a fark.

Link (new window)

Deal with it, people. These are the masses speaking.


Your trolling is pathetic. Go punch yourself and cry.


My intended point, relevant to the article, was that a poll shows 54 percent of Americans believe the president can do things to control gas prices.

Argue against that all you want, but the belief is out there and it could have real political ramifications.

This is the electorate, not a particularly bright bunch, generally. Of course these beliefs are reinforced by politicians using gas prices as part of their campaign, whether Gingrich and the Republicans spouting off or Obama, as seen in the video.

Easily deceived, that electorate. Gas prices are biting Obama in the ass right now but it's still a long way to November.
 
2012-03-13 12:12:02 PM

qorkfiend: chi_tino: Jackson Herring: chi_tino: Instead of allowing US companies to go out and buy/develop resources, he cries like a biatch.

Go fark yourself.

What is he going to do when Canada sells their Alberta oil to China?

Go listen to today's press conference. Why is he filing a complaint with the WTO?

Are you suggesting that the President prevent a sovereign nation from selling something to another sovereign nation? How do you recommend he go about accomplishing this?


I have no idea. That's why it is so puzzling. He is just whining like a biatch instead of doing something about it.

Oh, and the chumps who keep posting the "rigs on public+private lands" graphs. When oil goes to $150, this number is going to go vertical, because everyone and their grandma are going to start drilling on private land, whether the Federal government wants them to or not.

Why are rig counts on public lands way down over the past five years? Are you claiming that there is no oil on government lands?

This isn't a Bush or Obama issue. Both parties fold to the environmentalists on this issue.
 
2012-03-13 12:12:08 PM

cretinbob: If $4 gas wasn't Bush's fault, then it's not Obama's fault either.
STFU and GBTW


But you see, it was Bush's fault
(new window).
 
2012-03-13 12:13:56 PM

Mrtraveler01: chi_tino: What is he going to do when Canada sells their Alberta oil to China?

It's cute that you didn't think it would still happen even if the Keystone pipeline got approved.


True, but at least we could get a sip of that milkshake before China drinks it up.
 
2012-03-13 12:14:35 PM
The president has nothing to do with gas prices so we have to give him a pass. It's not like those economic sanctions that are crippling the second most oil producing nation and the illegal wars/influence we've been exerting in the world's most oil-rich region for the past 60+ years would ever have any conceivable effect on gas prices, come on guys. We're trying to have an adult conversation here.
 
2012-03-13 12:14:59 PM

GAT_00: Car_Ramrod: GAT_00: MaudlinMutantMollusk: Like anything that reduced oil company profits or raised their taxes could get through congress?

As people seem to have completely forgotten, symbolic fights have value. Obama, and apparently most of the people on this site, are completely incapable of realizing that. It doesn't take a whole lot of thought to realize that if he had made a push on this with Congress he would be relatively immune from attack now and have a defense.

Yes, because Obama's critics have shown reluctance to attack Obama with no foundation in reality...

But he'd have a counter ad he could use that would likely be effective. Of course the GOP would attack him for it, but then he could say 'Hey, I did try to fix it and I was blocked. By you." As is, he has nothing, he just has to eat it and hope gas prices go back down. Which they won't, the Kochs will spend billions and take it all as losses by keeping speculation up, thereby keeping gas prices up and probably causing another recession. They are going to actually hurt every single American, and nobody will call them on it.


But raising taxes on oil companies or trying to reduce their profits through ending subsidies has nothing to do with lowering gas prices. In fact:

Mr. Obama, in an appearance at Nashua Community College here, took a page out of his jobs strategy of last year, calling on Americans to contact their Congressional representatives and demand a vote on the oil subsidies in the next few weeks.

Mr. Obama's decision to spotlight his proposal to end oil and gas subsidies immediately opened him up to criticism from Republicans, who noted that the proposal was unlikely to help lower the price of gas at the pump. The office of the House speaker, John A. Boehner, sent an e-mail to reporters citing an analysis by the Congressional Research Service last March that found that ending the subsidies could make oil and natural gas more expensive.


So imagine that, Obama takes an action and is attacked on it.
 
2012-03-13 12:15:35 PM

Cletus C.: It's true the people believe it. What does that tell you, Gomer?


I'm not Gomer, but it tells me that the right wing echo chamber has successfully distributed the talking points and they are continuing to catapult the propaganda, Neptune. Hell, Doucy is even reading them on air.
 
2012-03-13 12:18:10 PM

chi_tino: Mrtraveler01: chi_tino: What is he going to do when Canada sells their Alberta oil to China?

It's cute that you didn't think it would still happen even if the Keystone pipeline got approved.

True, but at least we could get a sip of that milkshake before China drinks it up.


We already are.

shaleoilplays.com
 
2012-03-13 12:18:31 PM

chi_tino: Mrtraveler01: chi_tino: What is he going to do when Canada sells their Alberta oil to China?

It's cute that you didn't think it would still happen even if the Keystone pipeline got approved.

True, but at least we could get a sip of that milkshake before China drinks it up.


thewatchers.adorraeli.com

There are already five oil sand pipelines to the US and one to the Pacific and one to the Atlantic.

The one you want will be to export to the Gulf. Why do libs like you want to destroy America's energy independence?
 
2012-03-13 12:20:03 PM

chi_tino: I have no idea.


You certainly don't.
 
2012-03-13 12:20:44 PM
Apparently I'm the only one who watched the press conference and now you are shooting the messenger.

Don't any of you get cable in your Mom's basement?

Here's a link to the video:

Pres. Obama Briefs on Trade Rights with China (new window)
 
2012-03-13 12:22:06 PM

Jackson Herring: chi_tino: Instead of allowing US companies to go out and buy/develop resources, he cries like a biatch.
Go fark yourself.
[www.heatingoil.com image 640x382]
[si.wsj.net image 225x280]


Obama must be magic. Once he became President, he bestowed the power of instant oil production onto American oil companies. They never had to do the hard work of locating the oil before drilling and obtaining the permits and contracts to utilize the land before sinking the first drill bit. But what else would you expect from a man that can lower the oceans?
 
2012-03-13 12:23:13 PM

Serious Black: Obviously, this means Sarah Palin should automatically be named President, any and all laws that she doesn't like should automatically be declared null and void, and we should nuke Iran from orbit.


cdn.slashgear.com
And hookers. And blackjack! In fact, forget the President.
 
2012-03-13 12:24:57 PM

Rapmaster2000: chi_tino: Mrtraveler01: chi_tino: What is he going to do when Canada sells their Alberta oil to China?

It's cute that you didn't think it would still happen even if the Keystone pipeline got approved.

True, but at least we could get a sip of that milkshake before China drinks it up.

[thewatchers.adorraeli.com image 640x425]

There are already five oil sand pipelines to the US and one to the Pacific and one to the Atlantic.

The one you want will be to export to the Gulf. Why do libs like you want to destroy America's energy independence?


You do realize that the volumes coming out of the oil sands are growing at about 15% a year. Do pipelines magically expand when you keep packing them full?

Are you aware of the capacities of those existing pipelines? How full are they?

A picture is worth 1000 words, but I'm not sure you know what those words are.
 
2012-03-13 12:25:37 PM
And then let's keep on walking back down that memory lane to when gas prices were even higher and Bush was totally not even remotely responsible because duuuuh the president has absolutely no control what-so-ever over gas prices, you liberal fools are just pointing fingers and trying to make GW look bad... oh, you mean there's a big farking opaque brick wall on memory lane blocking view of everything that happened prior to Nov 2008? What a surprise.
 
2012-03-13 12:30:39 PM

chi_tino: Rapmaster2000: chi_tino: Mrtraveler01: chi_tino: What is he going to do when Canada sells their Alberta oil to China?

It's cute that you didn't think it would still happen even if the Keystone pipeline got approved.

True, but at least we could get a sip of that milkshake before China drinks it up.

[thewatchers.adorraeli.com image 640x425]

There are already five oil sand pipelines to the US and one to the Pacific and one to the Atlantic.

The one you want will be to export to the Gulf. Why do libs like you want to destroy America's energy independence?

You do realize that the volumes coming out of the oil sands are growing at about 15% a year. Do pipelines magically expand when you keep packing them full?

Are you aware of the capacities of those existing pipelines? How full are they?

A picture is worth 1000 words, but I'm not sure you know what those words are.


That pipeline goes directly to the Gulf. Why do you think that is?

According to Bloomberg (warning math, big words, actual economics) the pipeline would raise prices in the Midwest by diverting that oil to export terminals. "The Canadian plan was to use their market power to raise prices in the United States (UNG) and get more money from consumers," Philip Verleger, founder of Colorado-based energy consulting firm PK Verleger LLC, said in an interview. Prices may gain 10 to 20 cents in central states, he said. (new window)

Your plan would put Americans at the mercy of a FOREIGN oil producer.
 
2012-03-13 12:30:44 PM

chi_tino: I have no idea. That's why it is so puzzling. He is just whining like a biatch instead of doing something about it.


Uh...why should he do something about it when there's nothing he can do about it?

chi_tino: Why are rig counts on public lands way down over the past five years? Are you claiming that there is no oil on government lands?


And yet, domestic oil production is up, so what's your point again...?

chi_tino: True, but at least we could get a sip of that milkshake before China drinks it up.


We have the same access to that straw that everyone else has. Are you saying we'd get oil at below market price due to Keystone XL?
 
2012-03-13 12:31:08 PM

That Masked Man: We're trying to have an adult conversation here.


you do know this is fark, right?
 
2012-03-13 12:31:31 PM

Cletus C.: My intended point, relevant to the article, was that a poll shows 54 percent of Americans believe the president can do things to control gas prices.

Argue against that all you want, but the belief is out there and it could have real political ramifications.

This is the electorate, not a particularly bright bunch, generally. Of course these beliefs are reinforced by politicians using gas prices as part of their campaign, whether Gingrich and the Republicans spouting off or Obama, as seen in the video.

Easily deceived, that electorate. Gas prices are biting Obama in the ass right now but it's still a long way to November.


The article says "54 percent of poll respondents believed that a president can do a lot to control gas prices"; it doesn't say or imply that 54% believe the president doesn't "give a fark." That was just you trolling (rather ham-fistedly) and now you're doubling down with this concern trolling. You just suck at this, that's all.
 
2012-03-13 12:32:28 PM

acefox1:

Oh and I'll just leave this here for you "Drill baby! Drill!" babies.

[farm8.staticflickr.com image 547x333]

Maek Moar Oil Obama! Durrrrrr!!!


just curious, you do know that 0bama wasn't president in 2008, right?
 
2012-03-13 12:35:49 PM
January 9, 2012: The Obama administration decision puts more than 1 million acres of public lands outside the Grand Canyon National Park off limits to all hard-rock mining for two decades, the longest moratorium allowed by law.

March 13, 2012: "We've got to take control of our energy future, and we can't let that energy industry take root in some other country because they were allowed to break the rules." -- Pres. Obama, complaining that China is developing more of their mining resources than the US
 
2012-03-13 12:41:41 PM

qorkfiend:
We have the same access to that straw that everyone else has. Are you saying we'd get oil at below market price due to Keystone XL?


Actually, yes. Oil prices coming across the Canadian border a far lower than the Brent crude prices, which gasoline prices are set on. That's what those who oppose the pipeline don't get. Canada's oil production is growing rapidly and they can't get it out of there. There is now a bottleneck for this cheaper oil and the Keystone extension to Cushing and onto the Gulf would relieve that bottleneck.

My question to you: what are oil prices right at the Canadian/Montana border vs. Brent crude (the worldwide price)? I'll wait for you to look it up and get back to us.

/former oil/gas trader
 
2012-03-13 12:42:08 PM
So this week they're angry that Obama has NOT used the powers of the President to meddle in the free market?
 
2012-03-13 12:43:32 PM

Rapmaster2000:
Your plan would put Americans at the mercy of a FOREIGN oil producer.


You would rather deal with OPEC than Canada?

Holy shiat.
 
2012-03-13 12:44:27 PM

chi_tino: /former oil/gas trader


And there continues to be no extent to which you could adequately go fark yourself.
 
2012-03-13 12:44:41 PM
Even if he did promise to affect gas prices, I wouldn't have believed him then. Anyone who thinks that the President can do that (either to your benefit or detriment) is so retarded they shouldn't have a driver's license.
 
2012-03-13 12:45:04 PM

acefox1:

Oh and I'll just leave this here for you "Drill baby! Drill!" babies.

[farm8.staticflickr.com image 547x333]

Maek Moar Oil Obama! Durrrrrr!!!


besides the fact that you didn't know that 0bama wasn't President in 2008, you also didn't know that energy use per capita dropped starting around 2005 (based on that same site that you got the chart from).
 
2012-03-13 12:45:58 PM

chi_tino: My question to you: what are oil prices right at the Canadian/Montana border vs. Brent crude (the worldwide price)? I'll wait for you to look it up and get back to us.

/former oil/gas trader


Oil from different places is different. Some oil is sweeter than others. You seem oblivious to this fact so I'm calling bullshiat on the slashie.
 
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