unlikely: Price per BARREL can drop all it likes.

Until Obama signs that pipeline into existence the price at the pump will go only up. This is your punishment for putting a democrat who doesn't ok projects for your oil overlords into the white house.


/approve the pipeline and the price still won't go down, just stop going up as fast

So how is the oil getting to refineries now?

I'm sure it has nothing to do with pipelines already in existence.



The only thing the new pipeline will do is make John Boehner money, seeing as how he's got about $350,000 invested in companies that stand to make huge profits if the approval goes through.

threadjackistan: You know what I'm gonna say when that happens? "Thank god we didn't foolishly squander our oil reserves when prices were high and instead decided to conserve them for when they were actually needed."

This. It still amazes me that so many people biatch about gas prices. Spending $10/gallon for bottled water that isn't any better than tap water is apparently a no-brainer to most, but $4/gallon for the magic goop that lets you travel faster independently than people could've dreamt a couple hundred years ago and is required to produce almost everything you buy is the end of the universe.

Even at $4, gas is a steal.

Unless you work a job that requires driving something big or driving a lot of miles, you shouldn't be hurt by gas prices. If you're hurt by them, it's because you're wasteful. Not to mention you're driving up prices for people who do work those kinds of jobs.

Mrtraveler01: ghare: The only possible thing that can get gas back under $1 a gallon is approving a pipeline, that will create 40,000,000 long-term jobs to take oil to refineries who will ship it overseas, a few months faster than it would have been approved in the first place.

FTFY

You forgot a few zeros.

At least that's what the pro-pipeline proganda told me and they would NEVER lie and inflate the expected job numbers for us would they?

I love it when morons drone on about the pipeline. My engineering students are in agreement: most of the work will go to a few select companies in Texas. The pipeline will pretty much jack prices up 20 cents overnight. A Republican red herring? NEVER

BigBooper: EnviroDude: What I find funny is that about 10 years ago we had a big fight over oil exploration in the Alaskan reserve. We were told by libs that it would take 10 years for the oil to come to market. Now, 10 years later, we still haven't drilled and we need that oil more than ever.

Democrats want us to heat our homes and drive our cars on unicorn farts.

OK seriously, they believe that higher energy prices will drive us to a sustainable-green economy faster. So They actually want higher energy prices. Obama admitted as much. The problem with their plan is what will happen to our economy when we have the next oil disruption. And it's not a matter of if, it's a matter of when.

You know what I'm gonna say when that happens? "Thank god we didn't foolishly squander our oil reserves when prices were high and instead decided to conserve them for when they were actually needed."

Truth to me seems to be that as soon as gas starts getting close to $4/gallon, people start raising hell and all of a sudden there is a "glut" or whatever world situation that was a major concern last week is now eased off or some other bullshiat reason the oil companies feed the gullible MSM and prices drop. They've tried at least 3 times since Katrina to get prices above $4/gallon. Every time, the purchasing market raises hell and slows down their buying and the prices drop. The excuses for raising and lowering the price of oil are smoke screens. The first time prices got up to $4 the retreated to under $2.75. The 2nd time they backed off to just over 3.25. My guess is they are trying to find a price point Americans will tolerate. Never fear, as soon as the summer vacation/driving season arrives there will be another story justifying the increase in prices until Sept when demand slacks off. It's the same story year after year.

lewismarktwo: There isn't 100 years worth, not even close. That's just a bald faced lie.

Yeah, I don't know where the hell he heard that. All I remember oil experts saying is that drilling in Alaska would drop the price of oil per barrel by maybe $1.

I'm guessing he actually believe the BS the oil industry PAC were spewing.

Memorial Holiday weekend is just a few weeks away.

Gas prices will shoot back up just in time for the long weekend.