Oil prices have Doubled since Obama took office.

reply to post by Hastobemoretolife

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if we alll used magnetic cars this wouldnt be a problem HAHA

reply to post by felonius

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You and schrodinger have it down.

The dollar is increasingly equal in value to toilet paper.

It's not only not worth squat, it's headed much further downward in value as OBAMA's crushing the dollar with his treasury secretary and massive deficit spending.

All other things being equal, it will take increasingly many more dollars to purchase a gallon of gasoline.

Let's see.

He's been in office 6 months.

Boy, is the future looking bright, or what?

So it looks like President Sotero has oil buddies too.

Well of course he has to be able to gas up Air Force 1 for his expensive date with Michelle to New York.

What are you Republican worried about? It's the free market right? Are most neoCons crabbing about socialism? It's the free market, are you neo-cons getting what you asked for?

Barrack lowers oil prices and your quick to jump about socialism, oil prices go up and you gripe about that too.


The Republicans had their hands on the power switch for far to long, obviously republicans are disgruntled that they lost power. What a bunch of repressed cry babies.


Barracks in office because the worst President in US History helped him get elected. Thank you Bush for screwing things up so bad that you ruined the republican party.

Shouldn't this thread be called "Oil Prices Have Doubled Since Summer Started In Our Hemisphere?"

Oil controls politics, politics don't control oil. You think a bunch of guys in control of gas for the last hundred years is going to let some 4 or 8 year temporary leader make any rules that matter? HAHAHA They will do what their told. The price of oil will go up and down at their leisure, and your going to pay it. They have billions of excess dollars and live in palaces, they are in control and any alternitive energy sources are trumped by their influence and money

you guys need to back up and look at the big picture. The whole oil thing is rigged all the way. It's not some big conspiracy or anything, it's just rigged.
The elite who control the oil game can raise or lower the price anytime they want. Why do you think oil prices rise when there is less demand?? It's rigged.
Both Bush and Obama are playing for the same team. The game is rigged. Obama is just doing what he's told to do. it was just a little more obvious under Bush because he "was" an oil man. Obama is going to play along, because the people pulling the strings control everyhting.
Remember. it's a game folks, and the ruling elite are controlling all the cards. it's a stacked deck. Sometimes, things happen that defy logic. there's a reason these events defy logic, --someone's holding all the cards. "They" , have a plan, and they're working it. Bush and Obama--same team--believe it.

Funny how folks on here now say "how is this Obama's fault?" but when Bush was in power it was ALL his fault. Idiots.

Let me try to understand what your saying. Are you saying that FDR was a capitalist????

Have you ever heard of the "New Deal" or as most political analyst of the 20th century called it "Socialism 101". The whole new deal was an introduction to the death of capitalism. But the worst was the abuse of powers that FDR exercised and helped to define presidential power with. When the SCOTUS said that parts of "The New Deal" were unconstitutional, FDR's response was a threat that he would expand the SCOTUS by two justices in order to throw the balance of power in his direction. Basically this was about as good an example of treason as we have to offer in our history.

Please in the future do some research into what you are going to say, as compared to; believing that you are dealing with uneducated idiots and can just say anything you like whether it is true or not.

yea, but keep in mind that the doubling is from a lower price that doesn't hit too hard at the pump rather than 2.50 per gallon to 5 a gallon. Trust me if it hit's 5 a gallon due to some holiday weekend there will be heads on wooden steaks with Americans burning the refinery's.

The rise in oil prices is actually a good thing, right now.

A few months ago, we had a schizophrenic media that was quick to tell us that the drop in home prices was BAD, BAD, BAD. Yet, the drop in oil prices was a GOOD thing. They're idiots. What they didn't recognize was the underlying theme of systemic deflation.

I will welcome a climb in oil prices if it will signal an end of economic horror.

[edit on 7-6-2009 by theWCH]

reply to post by AshleyD

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Bush continued to buy oil for the strategic reserve even as prices soared. It was an idiotic move and the effect of raising prices even further. Bush sent us to IRAQ. It is debatable if he did this mainly to secure oil and disrupt supply. Bush is far from innocent as you say. He obviously did some things that furthered the cause of those in the oil business.

Of course Bush wasn't the only culprit. Wall ZStreet had much to do with the rise just as they do now. The current price increases are not linked to increase demand or lack of supply as was the case under Bush.

We won't have steady oil prices until we get the speculators out. They only profit if the price changes are large. Doesn't matter which direction. We need to limit commodity trading to those who actually take delivery of the underlying commodity.

I don't know if it matters a bit who is in the White House. We just get this "choice," which ends up not really being a choice. Because the "plan" is still moving forward.

I don't plan to spend the rest of my life with money problems, but man it hurts when you look at that gas pump and the price is up, yet again. And some of us speculated Labor Day as the reason, but I guess Summer Vacation season is more like it.

I'll cherish the day when Big Oil falls because of it's greed.

I don't have a problem with people being rich, it's just when you do it in such a way it hurts people who are already in a financial crisis. How many more times will Big Oil kick us in the nuts, before we will finally say "We have a better energy source in place, so take a hike!"

Troy

The main stream media strikes again. No President has any say over what the oil and gas prices are going to be from one day to the other. It's greed my friends.
It's the mass media that dwells on petty things like who is to blame. And it's the American public that eats it up. Yes the main stream media strikes again.

reply to post by TheInfamousOne

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Maybe you haven't been paying attention.

The US has anything BUT a free market!

Aside from nationalizing banking, insurance, automobile production, and looking hard at healthcare, one must not forget the onerous burden of unnecessary regulation.

Combine that with OPEC, if this is your idea of free markets, then it may do you good to crack open an economics book.

Or take economics 101 at your local university.

A good freshman knows more about markets than all the turds in Washington.

reply to post by disgustedbyhumanity

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This is true. Speculators were the largest single factor in the $147/bbl crude oil prices last year. This from suits who wouldn't recognize a barrel of crude if it fell on their head.

Simple solution? Change the law to make speculators take physical possession of the oil they trade.

They always go down pre-election to help make people feel good. They take voting less seriously if they feel good and hopeful. They always rise after an election. One of many manipulations.

I had a hard time to figure this out, until I noticed that you capitalized the word "doubled." So I think that there is a double standard that keeps the outrage away from the MSM headlines.

reply to post by marg6043

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I'll see your question and take it one better. For a country that has the chemical technology and knowhow to make an 87 year old man function sexually again with various different pills, why are we still using dirty old non-renewable petrol products?

To borrow a line from a great online webcomic, after 100 years of building cars we should be just about able to make them run on rainbows and unicorn farts by now.