Republicans Blame Democrats for 'A Nation of $4 Gasoline', page 1
Pages: <<  1    2    3    4  >>
ATS Members have flagged this thread 5 times
Topic started on 9-6-2008 @ 11:08 AM by burdman30ott6

Republicans Blame Democrats for 'A Nation of $4 Gasoline'


www.cnsnews.com
"As a result of this dubious milestone, motorists will pay on average $1.67 more per gallon than they were when the 110th Congress began. This represents a 71 percent increase during Nancy Pelosi's speakership," said Rep. Adam Putnam (R-Fla.), chairman of the House Republican Conference.
(visit the link for the full news article)


reply posted on 9-6-2008 @ 11:19 AM by Scramjet76
reply to post by burdman30ott6


Gas prices did in fact dip as low as $2.19 per gallon, but they did so in January 2007, after the congressional elections. Gas prices also dipped below $2.19 per gallon in November 2005, a full year before the election. The e-mail also fails to mention that prices climbed to more than $3.00 per gallon in August 2006, when Republicans controlled both branches of Congress and the White House.
factcheck.org

As you can see... the cost of fuel skyrocketed under republican control too. This leads us to two possible conclusions:

1) It's a bi-partisan conspiracy
2) There is little lawmakers can do about the oil prices.



reply posted on 9-6-2008 @ 11:52 AM by Boone 870
reply to post by burdman30ott6


I found this on powerlineblog.com:
For several decades, the Democratic Party has pursued policies designed to drive up the cost of petroleum, and therefore gas at the pump. Remarkably, the Democrats don't seem to have taken much of a political hit from the current spike in gas prices. Probably that's because most people don't realize how different the two parties' energy policies have been.


Congressman Roy Blunt put together these data to highlight the differences between House Republicans and House Democrats on energy policy:

ANWR Exploration House Republicans: 91% Supported House Democrats: 86% Opposed
Coal-to-Liquid
House Republicans: 97% Supported
House Democrats: 78% Opposed

Oil Shale Exploration
House Republicans: 90% Supported
House Democrats: 86% Opposed

Outer Continental Shelf (OCS) Exploration
House Republicans: 81% Supported
House Democrats: 83% Opposed

Refinery Increased Capacity
House Republicans: 97% Supported
House Democrats: 96% Opposed

SUMMARY

91% of House Republicans have historically voted to increase the production of American-made oil and gas.

86% of House Democrats have historically voted against increasing the production of American-made oil and gas.


The statistics are contributed to Congressman Roy Blunt, but I couldn't find anything on his web site to back it up.

Be sure to check out the comment by 'ronnor' in the comments section in that link.


reply posted on 9-6-2008 @ 11:55 AM by Keyhole
Originally posted by Scramjet76

As you can see... the cost of fuel skyrocketed under republican control too. This leads us to two possible conclusions:

1) It's a bi-partisan conspiracy
2) There is little lawmakers can do about the oil prices.



Oh, they COULD do something about it if they wanted to,

SOURCE

As that US Senate report noted:

“Until recently, US energy futures were traded exclusively on regulated exchanges within the United States, like the NYMEX, which are subject to extensive oversight by the CFTC, including ongoing monitoring to detect and prevent price manipulation or fraud. In recent years, however, there has been a tremendous growth in the trading of contracts that look and are structured just like futures contracts, but which are traded on unregulated OTC electronic markets. Because of their similarity to futures contracts they are often called “futures look-alikes.”

The only practical difference between futures look-alike contracts and futures contracts is that the look-alikes are traded in unregulated markets whereas futures are traded on regulated exchanges. The trading of energy commodities by large firms on OTC electronic exchanges was exempted from CFTC oversight by a provision inserted at the behest of Enron and other large energy traders into the Commodity Futures Modernization Act of 2000 in the waning hours of the 106th Congress.

The impact on market oversight has been substantial. NYMEX traders, for example, are required to keep records of all trades and report large trades to the CFTC. These Large Trader Reports, together with daily trading data providing price and volume information, are the CFTC’s primary tools to gauge the extent of speculation in the markets and to detect, prevent, and prosecute price manipulation. CFTC Chairman Reuben Jeffrey recently stated: “The Commission’s Large Trader information system is one of the cornerstones of our surveillance program and enables detection of concentrated and coordinated positions that might be used by one or more traders to attempt manipulation.”

In contrast to trades conducted on the NYMEX, traders on unregulated OTC electronic exchanges are not required to keep records or file Large Trader Reports with the CFTC, and these trades are exempt from routine CFTC oversight. In contrast to trades conducted on regulated futures exchanges, there is no limit on the number of contracts a speculator may hold on an unregulated OTC electronic exchange, no monitoring of trading by the exchange itself, and no reporting of the amount of outstanding contracts (“open interest”) at the end of each day.” 1



All Congress would have to do is regulate these electronic exchanges again, they are the ones that opened the door for the speculators to manipulate the price of oil and they can also close that door.

Why they haven't done it yet, I have no idea.

Maybe they, and all their buddies, are making too much money now.

[edit on 6/9/2008 by Keyhole]


reply posted on 9-6-2008 @ 12:26 PM by Frank Black
reply to post by mybigunit



Bravo!!
Well Spoken my friend. Why is it nobody wants to talk about the real reasons when it comes to the economy and oil? The Federal Reserve MUST be abolished! America must convert to different sources of energy and find ways in the near future to reduce the demand for oil! The reason IMO is too many people are making too much money on everyones misery.


reply posted on 9-6-2008 @ 12:37 PM by vor78
reply to post by mybigunit


Who ever made that video is right, but he's also wrong. Indeed, inflation is a major issue in the price of gasoline these days and that commodities tend to maintain equal relationships in value to one another. Hence, (x) amount of silver will always buy (y) amount of gas, more or less, anyway. However, note that he pulls a fast one here: he quotes the value of a gallon of gas in 1947 as 'about a quarter' yet the value of a gallon of gas in 2008 as 'about a quarter of an ounce of silver.'

The problem? We don't know what the value of a quarter of an ounce of silver was in 1947. Its an apples-to-oranges comparison in the manner presented. A quarter ounce of silver was worth about $.18 in 1947, BTW. Its still close enough that it doesn't invalidate the point, but its a correction that needs to be made.


reply posted on 9-6-2008 @ 12:39 PM by romantic_insomniac
reply to post by burdman30ott6


Nobody in the goverment gives a damn,because they're rich off of our hard earned cash.The Democrats,The Republicans,thy're all the same,a bunch of con artists.There's only the illusion that they are any different perpetrated by the goverment and illuminati run news organizations.The USA, a nation that runs on fear and consumation.



[edit on 9-6-2008 by romantic_insomniac]



reply posted on 9-6-2008 @ 12:40 PM by Sublime620
reply to post by centurion1211


Actually, it has nothing to do with any sacred cow. I don't really hold anything sacred.

I just don't like when the parties blame each other to divert the fact that they are useless. Promise after promise, finger pointed after finger pointed, and still nothing ever gets done.


reply posted on 9-6-2008 @ 12:45 PM by vor78
reply to post by centurion1211


I think you're right on one point. By blaming many problems, including fuel prices on the Bush administration, they have, by extension, created an expectation that they can solve these problems. They've basically painted themselves into a corner on this and other issues. So what happens if/when Obama is elected and they have to start making good on all of these campaign promises? I can tell you this: with Congressional approval ratings even lower than Bush's, the honeymoon won't last long. The Dems have created high expectations and will be expected to meet those expectations early.

So in the end, its just useless politics as usual, but the Dems can blame themselves for it. They've made themselves wide open to this line of attack from their opposition by making campaign promises in the past that they either cannot keep or had no intention of keeping.


reply posted on 9-6-2008 @ 12:48 PM by mybigunit
Originally posted by Sublime620
reply to post by centurion1211


Actually, it has nothing to do with any sacred cow. I don't really hold anything sacred.

I just don't like when the parties blame each other to divert the fact that they are useless. Promise after promise, finger pointed after finger pointed, and still nothing ever gets done.


Correct and nothing gets done by any of them because they dont follow the constitution which lays out the limits of government. If we just look at history and the constitution we would see that our government of today WAYYYYY oversteps their boundaries on what they should and should not be into. Until our government wakes up and this is democrats and republicans then $4 a gallon of gas will be a wet dream as we pull up to the pump and pay $10 a gallon.

The way I see if we have 2 options to get us out of this mess

A. Raise taxes

B. Follow the constitution and quit being a world police/nation builder, quit the nanny state, quit the police state, and quit the welfare state. We follow the constitution there would be no income taxes and our dollar would be strong as hell. Until then everyone apply the K.Y accordingly.
Pages: <<  1    2    3    4  >>    ^^TOP^^



Russian scientists reach buried Antarctic Lake Vostok
  Posted 5 days ago with 83 member flags
Monsanto quits as GM results announced (EUROPE)
  Posted 6 days ago with 72 member flags
Strange noises reported around North Battleford
  Posted 17 days ago with 67 member flags
Ayatollah: Kill all Jews, annihilate Israel
  Posted 5 days ago with 49 member flags