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Originally posted by David9176
ya know what...
I"ll make it easy for you.
Exxon Mobil CEO:
michaelpriceless.com...
Politicians and Exxon Mobil CEO discuss the speculation, supply and demand, and risk management involved in oil and gas prices. I’m not buying the over-inflated “speculation” B.S. Who gives a #### about outbreak in Libya. Especially when Libya is no longer a high selling oil country.
I'm inclined to agree with Senator Hatch on this
Democrats acknowledged that a bill to repeal the tax breaks for the companies testifying Thursday would not bring down the price of oil at the gas pump.
Sen. Orrin Hatch, R-Utah, referred to a large portrait of a dog sitting on a pony to illustrate his thoughts of the proceedings.
"All this hearing is about is providing a justification for tax increases," Hatch said.
"For the president and some of my colleagues," he said, "the answer is always raise taxes. Government spends too much? Raise some taxes. Health care too expensive? Raise some taxes. Gas prices too expensive? I've got it . . . Let's raise some taxes."
Democrats acknowledged that a bill to repeal the tax breaks for the companies testifying Thursday would not bring down the price of oil at the gas pump.
Sarah released the following statement:
]Further Proof of the Need for Energy Independence
The British newspaper The Independent reported today that Gulf oil producers were negotiating with Russia, China, Japan and France to replace the dollar in pricing oil with a basket of currencies.[1] According to the Wall Street Journal, Arab oil officials have denied the story, but even the possibility of such a talk weakens the dollar and renews fears about its continued viability as an international reserve currency.[2] In fact, today a United Nations official called for a new global reserve currency to replace the dollar and end our “privilege” to run up huge deficits.[3] We can see the effect of this in the price of gold, which hit a record high today in response to fears about the weakened dollar.[4]
All of this is a result of our out-of-control debt. This is why we need to rein in spending, and this is also why we need energy independence. A weakened dollar means higher commodity prices. This will make it more difficult to pay our bills – including the bill to import oil.
In his book Architects of Ruin, Peter Schweizer points out that the Obama administration is focusing primarily on “green energy,” while ignoring our need to develop our domestic conventional energy resources.[5] We’re ignoring the looming crisis caused by our dependence on foreign oil. Because we’re dependent on foreign nations for our oil, we’re also at their mercy if they decide to dump the dollar as their trade currency. We can’t allow ourselves to be so vulnerable to the whims of foreign nations. That’s why we must develop our own domestic supplies of oil and gas.
Governor Palin recognized that there is a relationship between a devalued dollar and higher energy prices. At the time that note was posted, oil was around $70 a barrel and gas prices were at about $2.46 a gallon nationwide. More than a year later, in November of 2010, following the Fed’s decision to engage in a second round of quantitative easing by essentially printing hundreds of billions of dollars, Governor Palin shared these words to a trade association meeting in Arizona (emphasis mine):
Text
Again, Governor Palin saw the effect of a weakened dollar on energy prices. Now the price of a barrel of oil is just below $100 a barrel and nationwide gas prices are hovering at about $4 a gallon. A study just released by the Congressional Joint Economic Commission, a bipartisan and bicameral committee, shows that the devalued dollar has added $17.04 dollars to the price of a barrel of oil and 56.5 cents to the price of a gallon of gas.The Weekly Standard reports:
Of course, with all the political hoopla from the Denver Democrats, it’s easy to forget the populist revolt against high gas prices at the pump. Sen. Obama never mentioned skyrocketing pump prices or their devastating economic impact on ordinary working-class folks. But this is the energy election. It will determine our future peace and prosperity. And Alaska Gov. Sarah Palin has the energy answer: Our abundant country can produce more energy at lower cost if government gets out of the way.
Originally posted by anon72
reply to post by Eurisko2012
One thing for sure. She is more American than Obama is and she WILL present her B.C for public review, along with her other things.... She doesn't have any more to hide than me or you.
Originally posted by marinesniper0351
reply to post by anon72
Its so funny to read the attacks coming from msm and members of this forum against her, if she has no chance and is a joke then why do you people and the left wing media spend so much time attacking her, insulting her and showing no respect for a person running for polical office...? UNLESS Your afraid she may actually make an impact and has enough supporters to back her.
Originally posted by marinesniper0351
reply to post by anon72
I can see her on a ticket with the tea party candidate Bachmann and I think that scares the crap our of you Democrats and Republicans...because you have 2 people with experience that...