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During the 2008 vice presidential debate, Joe Biden complained about how gas prices were so high at the time that the average “Joe” couldn’t afford to fill up his tank
Originally posted by Jordan River
During bush era gas prices were above 4.40 in michigan, now its 3.75. I guess i dont matter about my complaints Neo, cause i live in michigan, its a small demographic I'm just joking with u
Didn't stop people from blaming Bush did it?
Originally posted by Hefficide
reply to post by neo96
Yes evil big oil. And, imagine that? The current POTUS tried to reduce the taxpayers subsidies to these highly profitable conglomerates and got slammed by the other party.
Cake and eat it too?
~Heff
Originally posted by chrismarco
reply to post by neo96
If we could build some more refineries this issue would be greatly diminished....or it might not be so painful at the pump...
About 100 miles southwest of Phoenix, in a remote patch off Interstate 8, Glenn McGinnis is seeking to do something that has not been done for 29 years in the United States. He is trying to build an oil refinery.
Originally posted by Hefficide
reply to post by neo96
I'm amused and wondering why you're not nailing them for their socialist support of taxpayer subsidies here. I mean that is socialism right? Giving our hard earned money to others?
You're leaving me confused on this one neo.
~Heff
The POTUS has little to no effect on gas prices. It is driven by the market. IF he could, then someone would jump up and down like their head was on fire screaming "socialist!"
If you were to survey people and ask the question “Should we subsidize oil companies?” — the overwhelming majority would undoubtedly respond “ No!” The idea that we are subsidizing oil companies generates outrage in many people, but in this article I will show why these subsidies aren’t going to go away any time soon. The reason may surprise you.
Turns out the place where gas prices tend to be the highest in the nation, San Francisco....
.... is just across the Bay from five major oil refineries that together are the largest exporters of petroleum products in the nation (Brookings Institution, New York Times, March 8, 2012). In 2010, the period of the report, the five refineries exported $7.8 billion in petroleum products, an increase of 10% over prior year. Other refineries on the West Coast have also experienced booming export sales. Last December alone, West Coast refineries exported over one million barrels of gasoline, eight times as much as in 2007.
Read more: articles.businessinsider.com...
Originally posted by Kali74
Why is gas so high in California when there's 5 huge refineries in San Francisco?
Turns out the place where gas prices tend to be the highest in the nation, San Francisco....
.... is just across the Bay from five major oil refineries that together are the largest exporters of petroleum products in the nation (Brookings Institution, New York Times, March 8, 2012). In 2010, the period of the report, the five refineries exported $7.8 billion in petroleum products, an increase of 10% over prior year. Other refineries on the West Coast have also experienced booming export sales. Last December alone, West Coast refineries exported over one million barrels of gasoline, eight times as much as in 2007.
Read more: articles.businessinsider.com...
US exported more oil than imported last year
Whitehouse report here
Surely this must all be lies. No way Obama could be good for big oil.