Gas Prices: Americans vs. Elites

[gregjalbert]

Oil addicts are ruinous to the world. CarFree . com --- EcoCityBuilders . org --- FreePublicTransit . org --- Puppets of the automobile/oil/asphalt/sprawl/­construction industries, free yourselves. Automobile air pollution, automobile noise pollution, day after day after day. The Earth is going through the highest rate of species extinction in 65 million years due to human damage to ecosystems. Wake up! End the ruin of Earth's ecosystems by human-centric greed. Time and beauty are running out.

[theunknownknows]

An oil rig can have oil pumping in as little as 90 days. That's a not much longer than it takes liberals to type a YT response !

[quuaa1]

Liberals say it would take 10 years to set that up. It takes that long for the oil companies to jump through government hoops before they can even get an oil rig set up.

[JBDragon1]

What happened when the Gas Prices were going up before the LAST Elections, and the Democrats were Blaming BUSH and the rest of the Republicans, and the Democrats said Vote for us and Will FIX THE PROBLEM!!! Well the Democrats Took over, Took Control, and yet prices have Doubled or more since! Blame the Oil company's seem to be the Answer right, Look at all the money they're making. What about the freeken Government that makes far MORE money per Gallon of Gas for doing NOTHING AT ALL!!! 0 Risk!

[frenzychris]

I don't know what country you're talking about, but the Democrats have hardly "taken control" ...yet. The 2006 elections only served to start balancing the branch of government: a rogue Republican president vs. a slightly Democratic Congress.

And are you saying that Republicans don't promise to "fix the problems" if they're elected? That's only a Democrat tactic?

American debt and oil profits have both been rising quickly ever since Cheney had his secret energy policy meeting in 2001. 2+2=4

[swissgiant]

IN THAT 10 YEARS We Could develop cars free from the chains of gas we would spend extremely less on powering our homes because all that money would go in to making nuclear power,wind farms, and solar energy. It would produce massive amounts of jobs and put the U.S back on top of the world market.

[manukyan]

You don't have to drill. 60% of the cost of oil is because of the speculators. Stop them and oil is down from $4.50/gl to $1.80/gl.

The rest is the week dollar that lost about 50% value since President Bush. Put a democrat in office and thats another $0.60 cents of the cost of oil.

That brings you down to $1.20/gl

[appleruller]

lets see 85 million barrels produce a day world wide with a demand give or take a few hundred thousand barrels a day of 86.7 mbpd... Looks like the only speculating going on here are the folks like you speculating every other possible reason for high oil prices than what is the true cause.

And that is There is more demand then supply....

"the simplest solution is the best"::::Occam's razor:::: William Ockham (c. 1285--1349)

[512hal]

YOU ARE AN IDIOT. Have you heard of supply and demand. It has nothing to do with democrats, Republicans or Independents. It is simple Economics 101 and if you went to college you had to take the course. When China and India are using far more oil due to tech booms in their countries it effects the world oil supply thus creating more of a demand thus raising the price. Yes speculators are inflating the price but not by 60%. This problem began 30 years ago with Jimmy Carter and has not been fixed.

[manukyan]

Ha...That's the problem, is people like you who think they know what they are talking about because they took Econ 101 when they were a freshman in college. For idiots like you, the government can dumb it down to a simple supply and demand graph, and you buy it. Buddy, oil prices don't get set in a vacuum, there is much more then supply and demand.

Now on the issue of demand, you can't just look at one country, overall World oil demand rose under 1% this year, while prices rose 30% in 4month.

[512hal]

PART ONE

I don't know where you get your info but you may want to check your fact. Worldwide oil consumption was est. to be 1 bbl/d but it currently is running at 1.5 bbl/d. Consump. in the US is down but in China and India it is up in fact it is up by 10% in China. The avg. usage is 85 bbl/d so do the simple division that I was taught and that # is 1.8% (I believe that to be greater than 1%).

[manukyan]

Where do you get your facts. Oh...I'm sorry, you go to a Big 10, so it must be...Wikipedia right? Again, get over China and India, the world is bigger then a few countries, and as a whole demand is stagnant. And I'm happy that you are in charge of raising to republican boys, I think why need to have a good balance of intelligent individuals and dumb asses like you...more people who lack a brain in society and who base fact on the Fox News Talking Points Memo.

[manukyan]

So before you keep on blabbing off on your Econ 101 expertise you got from your local state college, check your facts. Also, drop the Fox News talking points memo on blaming everything that goes wrong when there is a republican president on Carter; so, 512hal, you must be a complete moron, or an 18 year old who knows nothing about the world or politics.

[512hal]

Try a Big 10 college with a 3.75 GPA and it is the #1 school in my field. Haven't been 18 for 20 yrs, not a moron and since I grew up in Saudi Arabia where I lived on ARAMCO's compound and have traveled the world with my line of work I'm sure I have a better understanding of world politics than you. I also believe I have been in charge of more financial contracts as P&G, The Pentagon, Dell, 04 Olympics in Greece, TI were a few of my accts. Now I am in charge raising 2 Republican boys.

[manukyan]

Oh, I'm sorry a "Big 10," WOW! That must make you the great authority on the oil industry. Buddy, you lived in ARAMCO's compound because your daddy worked there, you were a kid, and that gave you all you need to know about "world politics." I love how people like to speak really highly of themselves to prove a point. "In charge of financial contracts." What did you deliver Soda to those companies and then bill them? C'mon get over yourself.

[JBDragon1]

So drilling off the Coast won't do anything for 10 years or so?(YA RIGHT), So what, keep doing nothing and in another 10 years when your paying $10 a Gallon at the pump then maybe do something. How high does it have to go??? There's already talk now of gas costing $7 a Gallon in 2 years! Here in California that would make it $7.50 or so. Since it's always about 50 cents higher then the National Average. 2 years will go by quick! Think the $4.50-$5.00 right NOW is BAD, just keep doing nothing!

[512hal]

On fox buisness news Eric Bolling went to the ceo's of teh major drilling companies in teh us and asked how long to get the gas to our tanks if the ban was lifted. From the day the ban is lifted it will take 2 years to set up the pump off the FL coast get the oil, refine it and put it in your tank. TWO YEARS! GO NEWT GO!!!

[JBDragon1]

It's not just GAS for cars. You need Fuel for the Tractors for the Farms, the Fuel for all the things people rely on to be delivered. Where do you think Plastic comes from? OIL! How the hell can you have Electric powered Cars when there's not enough power to go around on a Hot day for example, and yet people including Obama don't want to build any Nuclear Power Plants??? Wind Power only works when the wind is blowing, like Solar only works during the day? What about the night??? Get Real.

[JBDragon1]

Drilling in ANWR should start NOW. A Area was specifically set aside for it, a Area that's 1/10th of 1% of the area. A Area that's a wasteland. The Area is like a Postage stamp on a football field. Lets get real. Prices will drop when people see the U.S. is serious on drilling. Because of Bill Clinton Vetoing the drilling 10 years ago, right now we could of have another million barrows of Domestic Oil coming in! We have more oil is all of the Middle Easy combined.

[frenzychris]

Drilling here now won't have any effect on the price of gas until 2017! If you really want to pay less for gas NOW, it's easy [and there's nothing elitist about it]: carpool, sell your SUV, consolidate your trips, tune up your car, take public transportation, urge your congressperson to promote alternative fuels and regulate speculators and big oil profits. Don't fall for the fantasy that gas comes straight from the ground to your tank. Get the facts!

[BradLSU]

Lifting restriction and allowing drilling will have an immediate impact on gas ie crude oil barrel prices. The equaion is supply/demand oriented in the commodity market. With a huge increase in supply on the horizon even if it was 2017 it would make that commodity less attractive and have an immediate impact in the speculation of crude oil.

[frenzychris]

Nope, lifting restrictions and drilling offshore (or in ANWR) is like hocking your wedding band for one last vial of crack. The problem with you people is that you think oil is somehow the answer. The reality is that oil is the problem——an enormous problem that has been deferred, not solved, by our politicians and their cronies, the greedy, short-sighted big-oil corporatists and free-marketeers. Attitudes like yours will doom us all.

[BradLSU]

Domestic supply is the answer intermediate term. Gas/Desiel combustion engines are the most efficient power wise. It is the backbone of our transportation industry and our military. Its important that we have our own supply for obvious national security and economic concerns. While people from your logic want to block drilling, the rest of the world including China will continue to use it as it is the most efficient. FYI China is drilling 50 miles from the florida keys.

[frenzychris]

Brad, you're too short-sighted. Eventually there won't be any oil and it won't matter who drilled where. What will matter is who weens themselves off of oil now. Nuclear is far more efficient than gas or diesel, and with today's batteries, electric cars would suit the needs of 90% of Americans. A bullet train or two [like China has] wouldn't hurt. Drilling is for suckers. If being right [like I was about Bush, Cheney, Iraq, KBR, Gitmo, etc.] makes me an elitist, so be it. You're 22. Grow up!

[JBDragon1]

We need to drill NOW if for anything to keep US Dollars in the US! How are you going to charge your Electric CAR? There's not enough power NOW! A hot day and power goes out already. Obama doesn't want ANY Nuclear Power plants, so is Magic Fairy Dust going to power the Cars? The poor people can't afford new Electric Power cars anyway. You can't even build that many in the Numbers needed any time soon. What about all the cars already on the road, what a waste! So do nothing for another 10+ years?

[frenzychris]

BTW: China is NOT drilling 50 miles from the Florida Keys. Dick Cheney told the US Chamber of Commerce that they were, but later admitted [around June 12th] that this claim was incorrect. And yet, the Republican Noise Machine is still playing this falsehood loud and clear.

This has become a disturbing trend for the right wing. 1] Lie loudly. 2] Retract quietly. 3] Let the party stooges perpetuate the lie. After all, it's how we wound up in Iraq.

Congratulations. You are part of the machine.

[512hal]

Do you watch CNBC China and Venezuela thru a Cuban lease are drilling off the coast of Florida. Eric Bolling has talked with the CEO's of the major drilling companies and hey they say the Communist Dictators are pumping oil that belongs to hardworking US taxpayers. Don't you think that's the pot calling the kettle black. "I've never broken any drug law" no slickwilly just smoked pot in london"No I did not have sex with that girl." Hillary and Bosnia, Obama and Auschuwitz Obama's 58 states

[frenzychris]

Dude, Cheney admitted this isn't true. The Chinese have a lease, but they are not drilling. AND, if they do drill, so what? Are we going to copy everything China does now? Then maybe we should regulate stricter fuel efficiency for our cars like they do. Maybe we should limit families to one child like they did. And "W" was a coke head. Just because he suddenly found Jesus doesn't me he stopped being a complete idiot.

[JBDragon1]

Because we know how good a Job China will be drilling off of Florida's Coast. My guess about 10 times worse then a US Company. It really DUMB.  If we aren't going to get it, as long as they're in International Waters they'll just take it from us! It also won't be just China, and it won't be just from Florida, but California and others coasts also.

[SCTV]

your gonna be the history proof about the extinction in the age of the hydro-carbon man.

Answer this question quickly, I'll give you $700 what would you buy:

A) AK47 or

B) Solar-panel

[512hal]

If they lift the ban we could have oil from teh coast of Fl in our tanks in two years heard it from Eric Bollinger on Fox Buisness News.

[frenzychris]

Fox Business News is in the Republican pocket, homeslice. There are a lot more economists that agree that more drilling will have no effect on prices in the next ten years. Venture away from the Republican Noise Machine and you may actually hear the truth now and then.

[512hal]

Fox Buisness News and CNBC are in no pockets. They tell it like it is. They have folks from both sides of the isle. I choose to listen to Eric Bolling (Wall Streets biggest gas trader at one time turned analyst) and the drilling CEO's that he has interviewed. Do you have a Petroleum Engineering degree? Then why should any one listen to you? Maybe you should become more educated on the subjest matter and you might understand the importance of drill here drill now.

[frenzychris]

You seem awfully concerned with your diploma. Does a petroleum engineering degree mean you know everything about history, economics, politics, sociology, governance? No, it means you and I both have the requisite skills needs to type our opinions on the Internet. Sounds to me like you're worried that an economy based on alternate fuels will put you out of a job. Maybe you could shill for Big Oil on Fox News when you get your pink slip.

[JBDragon1]

No what they want is to make more Money on the Oil Stock they have Invested. Keep saying it won't do anything and prices keep skyrocketing and you make a bundle. That's just dumb. Why not stop getting oil at drill sites right now, as that won't changes prices also right? That's the SAME THING. Lets not Pump a drop of oil as that also won't change a thing right? How dumb can you be. It's basic Supply and Demand. Here's a simple thing to latch onto, Prices people have been paying for the Wii!

[JBDragon1]

Unlike the Clinton News Network?(CNN) MSNBS, ABC, CBS, NBC all the other Mainstream Democratic Channels. It's so Pro Obama, and all Blame Bush and not a single Positive thing on Iraq which is why they aren't even talking about it. There's a Reason FOX has been the #1 News Channel for like the last 10 years. Fox is far more Balance then the other channels by far. The number of times I want to wrap my hands around that Idiot Alan Combs neck for example.

[512hal]

Do you realize that oil companies pay three times what they make in profit in taxes? We founded this country on high taxes, fought a civil war over high taxes when are you liberals going to get the picture get off your asses and get a clue!

[frenzychris]

Do you realize that Exxon/Mobil posted the highest profits of any corporation in the history of the world last year? And someone has to pay taxes, especially for a trillion dollar war! Why is it that the same people who like to say: "Freedom isn't free!" are the same ones who don't want to pay taxes? Do you drive on an Interstate? Did you learn to read in a public school? Do you ever visit your library [other than to use the bathroom]? Who picks up your trash? Taxes aren't the problem.

[JBDragon1]

That's a load of B.S. Oil company's have said 2 years! Get real it took the US 8 years to Go to the Moon, and you think it takes longer to drill for Oil? Just the Threat of Drilling for Oil will drop prices. It's been Estimated that cost could get down to $2 a Gallon if we were really serious!

[tehkao]

Just you guys wait...when gas hits $5, all hell will break loose...

[TravisTCleveland]

Drill Here! Drill now!

America first. America last. America only.

[LLLLLLLLP3]

Drill now!