How do you think Obama will lower gas prices?

There's a reason I'm starting this thread. Where I am in Texas I cannot count the number of time I've heard or have read in the paper people making the comment, "I cannot wait for Obama to be elected president so gas prices will go down".

I'm of the opinion, based on the research I've done on oil and gas, that our government has no effect on the price of oil and the price of gas. It's true that McCain's gas tax holiday didn't make much sense, but neither did Hillary's "windfall profit tax" proposition, which proposed to take money from the oil companies and put it into the federal highway fund. I'm of the opnion that oil companies would make that money back by raising prices yet higher.

So I'm interested in hearing from anyone who genuinely believes that Obama will have any effect on the price of gas, one way or another, if he gets elected president. In my opinion, if gas went up or down it would be purely coincidental. But what do you think?

I don't think it will happen And from what i was watching on tv today Obama saying he will TAX the oil companies profit He has just made some really bad enemy's IMO

I personaly would not be shocked if he was another JFK i hope not

It is lot of options to stop the out of control oil prices induced by speculators.

But it takes legislation, we have oil men in the white house they are not going to do it, but it can be done.

Second it can also be done by releasing the private hold that oil companies have on our own natural resources, yes we were once number one producer of oil before the middle east.

No, our oil is not dry is keep in reserves but is there and available.

Another way is to force the priority of alternative fuel car and made them more affordable to the regular consumer.


[edit on 10-6-2008 by marg6043]

reply to post by marg6043


But how is Obama gonna stop speculators when he is heavily funded by them?

Sorry to say this but Obama and his fellow democrats like the high oil prices or else they would have promoted for domestic drilling. They feel that high oil prices will change (there is that word again) the driving habits of Americans but they don't realize that such a change is also hurting American business, truckers fro example, and is driving up the price on goods.

Alternative fuel is good but there has to be a transition phase and a willingness to build the infrastructure. But there is a problem. According to environmentalist, who happen to be democrats, nuclear power plants are too dangerous, wind farms kill birds, solar plants cover miles of pristine desert, and hydro plants affect fish population.

Besides, why would there be any legislation for the out of control gas prices anyways? It is all just a disguised tax on the American people and the oil companies just serve as the collection agent.

Well if he really wants to he could do it, and for been funded by big corporate lobbyist, all our politicians are knee deep in their butts.

That is why I always said that our political system is corrupted and has been corrupted since corporate American got hold of our government.

but it can be done gas prices can be regulated.

Originally posted by marg6043
but it can be done gas prices can be regulated.

Not until government is regulated. The direct fuel taxes that you pay and the taxes imposed on oil companies that you pay for as well is just another revenue machine for the gargantuan government bureaucracy.

Besides the oil companies don't really fund as much as other industries. They are number 20 on the list. www.opensecrets.org...

In fact oil and gas spends 10 times less than the lawyers but we know how expensive lawyers are to the economy.

Originally posted by wutone
reply to post by marg6043

 

But how is Obama gonna stop speculators when he is heavily funded by them?

Sorry to say this but Obama and his fellow democrats like the high oil prices or else they would have promoted for domestic drilling.

I agree with this. I mean how long has the U.S. Geological survey's Oil and Gas assessment been saying that we have so many hundreds of billions of barrels of oil beneath our own soil and off our own shores? With the nation's current crisis, why hasn't anyone in Congress been trying to rush out legislation to open this land to drilling?

Originally posted by duffster
I don't think it will happen

Me either.

Obama saying he will TAX the oil companies profit

Which was something Carter tried .. and we all know what happened to the economy under Carter.

I personaly would not be shocked if he was another JFK i hope not

Get ready for Jimmy Carter II.


He'll do the windfall profits tax thing (he already said he would) .. which means the oil companies will turn around and charge us more.

Then he'll pull a bonehead move like releasing the strategic reserve that we just finally built up to a good national security level.

Those are what he'll do .. betchya .. and it will NOT lower prices or help the economy.

Originally posted by sos37
why hasn't anyone in Congress been trying to rush out legislation to open this land to drilling?

The dems and the enviromentalists keep shutting it down. They won't let it happen. They keep us hostage to the foreign oil exporters (all of whom hate us)

[edit on 6/10/2008 by FlyersFan]

Originally posted by sos37
There's a reason I'm starting this thread. Where I am in Texas I cannot count the number of time I've heard or have read in the paper people making the comment, "I cannot wait for Obama to be elected president so gas prices will go down".

I'm of the opinion, based on the research I've done on oil and gas, that our government has no effect on the price of oil and the price of gas. It's true that McCain's gas tax holiday didn't make much sense, but neither did Hillary's "windfall profit tax" proposition, which proposed to take money from the oil companies and put it into the federal highway fund. I'm of the opnion that oil companies would make that money back by raising prices yet higher.

So I'm interested in hearing from anyone who genuinely believes that Obama will have any effect on the price of gas, one way or another, if he gets elected president. In my opinion, if gas went up or down it would be purely coincidental. But what do you think?

He won't lower prices anymore then he'll walk on the moon. He'll raise gas prices if he is able to pass his windfall profits tax on the oil companies. You think our economy is hurting now....just wait until his socialist ideas have time to work, if he is able to get any of them thru congress. Think you want change in '08? You'll REALLY want it in '12! You'll be paying higher taxes on everything along with higher prices. This man chills me to the marrow.

[edit on 11-6-2008 by Hugues de Payens]

I'm sure once Bush and Cheney are gone, gas prices will go down. This is a money grab, plain and simple, they're making sure they can get enough cash out of selling their shares in oil companies once they're out of office by helping fuel (pun intended) speculation on sanctions and potential military involvement in Iran, further putting in jeopardy oil production and stoking the stock market fears we're seeing today.

I read a report somewhere that we produce 87 million barrels of oil a day, and use 86 million. So, were still not using more than we're producing, but the stocks are rising on the fear that this will happen if things in Iran go bad, and the people driving that fear, surprise surprise, is the government.

They will finally reveal that urine mixed with equal volume of gasoline that is let stand for 8 days, occassionally shaken not stirred, is an excellent way to double mileage per gallon

*Paid Obama troll Alert* - sos37

So this is how Obama is doing it? Using the thread titled "How do you think Obama will lower Gas prices?"

That title is suggesting Obama will be President and that he will be lowering Gas prices.

The fact is, Obama is not President, and he will not lower Gas prices if he becomes President. He will have no control with which to do so, as OPEC is in the driver's seat. Even so, he will not, as NWO companies are reaping huge profits from the Gas hikes.

Obama is their puppet.

[edit on 11-6-2008 by jetxnet]

Oh I know exactly how Obama will lower gas prices, he will just talk them down, with a message of hope as if they were a suicidal teenager who just got dumped by their prom date.

reply to post by sos37


I believe this whole gas crap is being severely manipulated in some fashion. I'm in CA and the whole energy crisis that fleeced early 2000's us smells of the same stench. G.W -Dick - Condi -Wolfy and the rest are all oil/energy folk. If I recall correctly Gov Davis called off the energy crisis at the very beginnings of 2004 election season nov 2003.About the time that prices came back to pre "crisis" levels. I have been proven that there was market manipulation during my states "crisis".This was achieved by
organized, timed, premeditated action on behalf of our energy friends. Plays made in reaction to market movement/ supply and demand. Thusly one step ahead of the
great dance.

What I am trying to suggest is that it is not to much of a stretch to assume that big oil does not have to fear heavy "windfall" profit taxation. Non industrial interference by the government is a very GOP thing to do. The pres, v.p
and cabinet are on a first name friendly basis with the folks in the same positions in big oil... This White house and Big Oil have shared similar interests for decades past.

The current energy commission is composed of folks who have strong and long ties to the industry they are tasked to oversee. In order for pro citizen/consumer action to be taken, the commission I just mentioned needs verify and determine officiously that there is market manipulation taking place. However without this determination by this commission there is no crime, no investigation, no foul. It is very much like not being able to examine a murder weapon in murder case. This political device brings about pure speculation from that moment forth. This creates the potential for spin which has the effect of muddling the cause and and effect.

THE CAUSE IS THAT- THE OVERSEER'"S OF THIS INDUSTRY CHOOSE NOT TO RECOGNIZE ANY MISDEEDS ON BEHALF OF BIG OIL-

THE EFFECT IS THAT -AN INVESTIGATION INTO GAS GOUGING IS NOT POSSIBLE
WITHOUT A DETERMINATION OF FOUL PLAY BY THOSE OVERSEER'S (COMMISSION/ERS) Of THAT INDUSTRY.

So in conclusion I think to say that Obama cannot effect oil prices is grossly wrong.
The way any president can change this is by hiring people who DO NOT have interest in the market they are policing. The way to quell the soring prices is achievable with the threat of taxation,investigation,etc... G.W feels that it is fair and smart to build his commissions with people from the industries they are tasks to "observe"...

The main thing to take from this is that this stance on behalf of this PRESIDENT represent some of the very core beliefs of his great party. Republicans want to let markets "act" freely without any obstruction from the feds. While Democrats
tend to be on the side of consumers and the public wallet. I am not making any judgments on right and wrong, but I really feel people do not understand the their partys
very well.

.Bush or Mccain for that matter feel it is not the governments job to over regulate/penalize any industry.These men are conservatives people, if you vote this way you are essentially agreeing to let business run a natural course - NON INTERFERENCE.

Obama being a liberal Democrat will side with the consumer and the regular folk, this a very liberal thing to do. As I said before he can effect the current gas prices by changing the regulatory members. It is likely that a liberal leaning FTC or the like would take strong federal action. This action would most likely be followed by lower gas prices, all induced by financial/political fear coming from big OIL.

If you think that oil companies have a right regulate their own market and set their own prices, then you should vote for Mccain.

If you feel the FEDS should investigate, regulate vote Obama.

A good link and he's mad

www.c-spanarchives.org.../77531&id=745

[edit on 11-6-2008 by just great]

[edit on 11-6-2008 by just great]

Originally posted by FlyersFan

Originally posted by duffster
I don't think it will happen

Me either.

Obama saying he will TAX the oil companies profit

Which was something Carter tried .. and we all know what happened to the economy under Carter.

Ya Ronald Regan came along,,, yes,,, and then we sided with Iraq in their war with Iran.
Supplied good stuff to Sadam - hell we even armed Iran a bit ... then the fedaral deficit grew at a staggering rate not matched until ya gave us the next great advance-- G.W.B--Who is a record holder mind you...

"We need another Republican, another war"... oh then the guy with the mullet said "have you heard of 9/11?". Yes -- "Did you know that ERON was created to test our faith?" OK...

I think I will pull a very republican tactic, like "flip flopper" - I think you are a racist

In fact I am going to spend loads of energy so you can feel what it is like.Watch the board for my posts - republican style for life!

You Racist