A Super Tuesday panel fact checks the inaccurate claims made by Newt Gingrich, especially concerning President Barack Obama and gas prices.
Here's what Ed said:
"(Gingrich) said that the reason why gas prices are where they are right now is because of President Obama's policies. What were the policies under President Bush when gas prices were higher than what they are right now. First of all, how can anybody keep any credibility with the American people and not talk about speculation on Wall Street when you talk about oil prices, gas prices? You can't do it. He lost all credibility in the energy sector tonight. He's lying to the American people if he has the formula to get us guaranteed down to $2.50 a gallon."
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Goongrinch Is A Fruitcake WAK-JOB !!!!!!! TYPICAL !!!!!
Gingrich's speech: 99% lies, 1% wishful thinking, 100% ego. Does Newt think no one noticed anything the president said today?
Sadly, the misinformed might believe this nut-job. He has no SHAME! His comments on Iran are not just lies, but dangerous lies.
Go Newt! You are the ONLY candidate who can repair the incredible amount of damage caused by George W. Bush, and your own party!
GO Notorious Newt! GO! LOL
GW gas prices? ? ?
http://amelio.newsvine.com/_news/2012/03/06/10593234-fox-news-explains-why-presidents-cant-control-gas-pricesin-2008?email=html
The chance of $2.50 gas coming back are slim and none and slim's outta town. NOBODY, Dem or Rep is going to get it down to that. I would bet my life on it. And in case I'm wrong, it's been nice knowing all of you!
Hey, MJB It was nice to know you too. I would bet my life on it too if they could get the gas price down to $2.50 . We can send Mr. Newt to the moon and try to drill for oil up there . he still can't bring it down to that prices like Newt said he would, if he was the president !!!
The only way Gingrich can lower gas prices after being elected is to bomb Iran and confiscate their oil.
Bad idea Newt.
You would have to have the brains god gave a water buffalo to think this would work.
What would work is to apologize to Iran for overthrowing their government and stealing oil from 1953 to 1978.
Republicans won't let that happen, so prices will remain high with scattered stupidity.
When gw was president.......gas prices being the president responsibility is BS....that according to your own Fake Noise O-really and his BS.
http://www.treehugger.com/fossil-fuels/fox-news-explains-why-presidents-cant-control-gas-prices-2008-video.html
Newt Gingrich lying? No!
Gingrich is selling a pipe dream when it comes to gas. The price of gas has to do with Wall Street and the futures, It has do do with the glut of oil in the world. It has to do with OPEC, and Iran.the president of the USAdose not set the price of gas! Keep believing in that$2.50 gas and I have a amusement park on the moon. LOL I am very worried about Newts drill,drill, drill in America with No one watching our very bottom line. WATER it is more important than Oil. Green energy is and has to be our focus.
Pam,
water is more important than oil
exactly! not only does the fracking process pollute our water, it also uses millions of gallons in the process. what good will oil do us if we don't have water, or if every one gets SICK FROM THEIR POLLUTED DRINKING WATER gets sick or dies?
i agree, we need GREEN ENERGY YESTERDAY.
Our leaders have had half a century to develop an energy policy, health care system, transportation system, education system, environmental protections, social security reform........... the list goes on and on. The country needs long term planning for all these things that extends out 5, 10, 50 years. What we get are broken promises every election cycle with nothing being done, and here we are. As long as short term profit continues as the driving force that guides the nation with no vision for the future, what we have now is the result. At least President Obama thinks in the long term for his policies. They may not be having an immediate, dramatic effect, but if given a chance, I believe we as a nation will be better off in the long run.
Lets hope that the pipe dream Newt is selling is not the Keystone XL Pipeline, because that would be a disaster for the entire planet, even if it created 10,000 jobs and never spilled into the Ogallala Aquifer. Just developing the tar sands would dump enough carbon into the atmospher to finish off the planet as we know it. See the article in this week's Time.
Fracking is not the answer either because of the amount of water it needs. I live on the West Slope of the Rockies in Colorado, and any attempt to develop energy from fracking or shale oil will require huge amounts of water. We already fight over water out here, between the needs of cities and people and agriculture.
We need to spend at least half of what we spend on wars and war machinery to develop alternative forms of energy that will not destroy our planet.
Bfynch. You see people buy the lie and do not see the big picture. I signed petitions to day and wrote letters to hopefully have my voice heard. Many do not think that in West Virginia alone. Mountain tops are being blown off and forever changing the area for cheap coal who ever said it was clean coal are not living in the path of this. I had not thought about till today the cemetery's that are being devastated. How about Indian burial grounds. The tops of the Mountains are sacred to the Appalachia and Indian tribes and cemeteies, one that was decades old gone. The fracking really has me upset as we only have well water had it tested few years ago and very good water. In Ohio there are marshes and wet lands that could be affected, we have natural springs. We should all really stay on this story and know there every move. The Keystone Pipeline out of Canada is taking more land and destroying it and will affect the caribou and all the animals who live there. I have never seen Colorado but I think it must be so beautiful.
CA: we know that bombing Iran will not give us more oil. It will be done when necessary, probably by the Israelis, with the (under the table) encouragement of the other mid-eastern countries.
Newt is nuts about oil prices, but Obama could improve oil production by opening up more government land for exploration and approving more transportation and refining capability.
Gas prices will probably hurt Obama more than any other issue, if they don't come down. Don't you agree? Got to get to bed, till tomorrow, thanks Ed, and God bless!
Here we go again with capt rewrite who ignores that right now the number 1 export of the US is oil because demand for oil in the US is down. But good old capt rewrite keeps insisting that we need to drill more when reality is drilling more will not lower the price we pay at the pump. The problem is not a lack of drilling but instead oil speculators on Wall ST driving the cost of oil up.
Capt. Dangerous,
Iran would give us about 5% more oil after the earth becomes a burning cinder if we bomb them. That looks like the Newt plan since the Canadian oil sand could have no impact whatsoever on gas prices for at least 4 years.
The sudden rise in gas prices was caused by Republicans making public statements about wanting a war with Iran, which would be remarkably stupid since they have demonstrated long range missile capability and probably have nuclear capability.
Fuel price increases have nothing to do with reality. That war is not happening unless the GOP manages to get some war mongering fool elected to the white house.
Obama made plans going back several dozen months preparing to block all oil imports from Iran.
These plans include increasing domestic oil production as well as obtaining agreements from Canada, Mexico, and Saudi Arabia to increase oil supply. About 100 years worth of natural gas has been discovered recently, so the US may be a few years from energy independence. This is one of the root causes for the Gulf oil disaster.
Increased world oil production of about 5% is enough to completely shut down international money exchange with the Iran National Bank without causing a fuel shortage.
Iranians have returned to the bargaining table now that their money supply has been cut off.
This is also why Iranians has threatened to fire missiles at blockade ships if any are deployed.
The price increase is entirely due to speculation that may be prosecuted now that Obama has an appointee in the Consumer Protection Bureau.
Also -
About $1.00 of each gallon of gasoline is due to speculation, which can be totally eliminated if we switch from capitalism to communism.
That is the only thing Newt could be talking about if his plans do not include bombing Iran.
Geography and speculation are the reasons gasoline prices fluctuate.
About 1/3 of oil is purchased as "futures" by speculators, which creates spot shortages that drive up the price. Geography accounts for differences between trading regions.
Oil becomes less economical as wells and refineries are farther from customers or when consumption exceeds local capacity. Oil is not economical if the source is over 200 miles from refineries/customers unless the quantity is large enough to justify sea shipment (places like Alaska and Saudi Arabia).
Speculation is not a big factor when well and refinery are close to the customer, like in the Dakotas.
This might help you recognize the problem.
Gasoline in Fargo, North Dakota - $3.30/gallon (close to refinery/wells & no waterway)
Gasoline in Washington, DC - $3.70/gallon (close to oil wells/refinery with waterway)
Gasoline in Northern California - $4.00/gallon (consumption exceeds local production)
Gasoline in Hawaii - $4.30/gallon (no production and limited refinery capacity)
California gasoline is more expensive than Washington DC despite oil from Alaska that was obtained the last time federal land for "opened for drilling", so this proves that more supply does not equal lower price.
Gasoline is never going to go below $3.00/gallon in unless we switch to communism or bomb Iran. I'm not in favor of either one.
The nominee will obtain access to this kind of intelligence information after the Republican presidential witch hunt is over.
Thanks CA: well researched and presented. Let me clarify a few points, but I don't disagree with much you said.
How much any country sell us (ie. Iran) is irrelevant, the oil market is global, price is set by supply and demand. Speculators are a shock absorber, hoarding oil when prospects are bleak, and dumping oil when supply is up or demand is down.
There are no lower limits, oil can easily dip below $3/gal if conditions warrant. Iran will be bombed as they will not stop researching nuclear weaponry, rest assured they are not there yet (their nuclear scientists keep dying off).
Increasing our oil output is a bonus for our, or any, country. If the world price makes selling abroad more profitable, you are right, our oil will be sold internationally. When that happens, it certainly will help our trade balance. That is a good thing.
This "kind of intelligence information" is available now, Newt's statements on the matter are typical of his verbal folly. He also plans a moon colony.
If you haven't heard, Prez Obama has opened more drilling in the U.S. than there ever was. It's up to the oil cos. now. BTW, the sincerity our POTUS expounds in his speeches is real. Notice the difference from a R/Tp?
Where do you get your disinformation, Obama will never approve more drilling. Check other sources besides msnbc and people like ed and madcow.
He already has. More "drilling" permits issued than they have "rigs" to drill with.
You too, get educated about Obama taking credit for things happening he has not been active in.
No Earthgirl, I haven't heard. I have heard just the opposite, that he hasn't approved any on public lands. Where did you hear that he has?
He did say yesterday that there was more than ever before, but we know why. With crude so high, a lot of wells have been reopened, and drilling resumed on private lands.
You too larry, help earthgirl out and give us a reference. Thanks!
Costco and Sam's club have been speculating for years, that is how they get lower prices for their members. Right? Buy futures.
Their prices are now 10 cent off regular gas stations around here.
So if they speculate and get lower prices, maybe they get more volume of cars, and a higher profit because of it. They keep it just low enough to make you wait in line for it. I won't do it.
It looks like a gas crisis som days at those pumps.
Also, I seem to be talking out of my own tail pipe right now. I'm burnt out.
Does anyone on this forum understand how speculation works?
Speculators are like fortune tellers they make intelligent predictions on what they think the gas price will be in the future. if they feel that gas will cost a lot more in the future then what it is now they buy up what they call oil futures which drives up the price
Ok now we should ask why do speculators think gas prices will continue to rise in the future? now the left will try to make you think it is all about Iran but what they wont tell you that there has been an oil embargo on Iran for years so their oil has nothing to do with it. So the only thing left to point the finger at is Obama and his energy policy. He and members of his administration has said numerous times that he wants higher gas prices so he can push his failed green energy polices
He also wants you to believe that more drilling or the keystone pipe line will not affect the price now. well he is wrong again. This is where speculators come back into the picture. If speculators see that there will be more oil being produced in the future they will sell their oil futures now and that will cause a drop in gas prices
And one last thing. ED is not telling you the full story. yes he is collect that gas did spike once to be higher then what it is now but after he approved more drilling within 2 months it dropped by half. the over all average of gas prises under bush was 30% lower then the average under Obama and that percentage is getting higher everyday
There have been more permits approved, more US drilling and oil production under Obama in 3 yrs vs Bush in 8 yrs. There is a surpluss of oil. Demand is down, supplies are up.
It is nice you want to continue paying other countries for oil and not start developing "green" energy. We have passed "peak oil" and oil will not last forever.
we are the only oil producing nation that does not require the oil company "gives" us the amount we need before selling on the world market.
Please post a link where the President has said he wants high gas prices. All I've heard or read is just the opposite.
“under my plan, energy costs will necessarily skyrocket”.
CNBC’s John Harwood: So could the (high) oil prices help us?
Barack Obama: I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing. But if we take some steps right now to help people make the adjustment, first of all by putting more money in their pockets, but also by encouraging the market to adapt to these new circumstances more rapidly, particularly U.S. automakers…
Steven Chu as his energy secretary
“Somehow we have to figure out how to boost the price of gasoline to the levels in Europe,” Mr. Chu, who directs the Lawrence Berkeley National Laboratory in California, said in an interview with The Wall Street Journal in September.
Like how i explained how speculators and oil futures work. It doesn't matter what the oil production is today it is what they the speculators predict what oil production will be in the future and with the anti oil policies of Obama and his administration cause the speculators to predict lower production in the future which cause them to buy up the futures today that drives up the price
Also to be truthful about the oil production in the US its up on private lands the lands Obama doesn't have control over the lands that the permits was approved under Bush the oil production on federal lands is down by about 20% the lands he does have control over
Good ole' Obull$hiter, he makes 8.3% unemployment sound great!!!!!!!!!!
Wake up America, this dope is trying to "hope & change" America to the USSA.
United Socialist States of America......
Stop the madness vote this azzhole out...
How about we vote your stupidity out of Ed's blog. Along with your other demented trolls. Really just because you seem to think that you can get the GOP clown act elected by trying to slander the president just shows how desperate you are.
How about it's a FREE country, did you forget that one little point??
traf,
speculators are like FORTUNE TELLERS(?) they make INTELLIGENT PREDICTIONS(?)on what they think gas prices will be in the future.
ok, i can't believe you are comparing fortune tellers to speculators. like ronald reagan, it appears that you have an obsession with the occult.
speculators do not "think" gas prices will rise in the future, "futures" are contracts between a buyer and a seller that allows the purchaser to BET on whether a commodity (oil, grain, housing) will increase their price down the road. a "futures" contract is agreement between oil and speculators (for example) that the commodity will be purchased at some future date. so, the buyer (the speculator), by placing this bet, believes that prices will be EVEN HIGHER than the price being offered, so the price he offered now will be a deal. the speculator NEVER has to take delivery of the oil he purchased, he just rolls it over into another contract. the speculator doesn't care about the oil, or its price as a commodity. his only purpose is for GAMBLING.
wall street heard the word "bet" and "gamble", in regard to futures, and took the market to the fringes of legality. oil reserves are at a 9(?) near high, and prices are still high.
this has nothing to do with President Obama. this is wall street gambling the same way they did with the housing market. now that they can't make money off of that, they have turned to BETTING on oil.
this is a speculators oil bubble, just like the housing bubble.
You really should go to the CME and learn about oil futures before giving advice & examples.
It takes 2 to trade, 1 thinks the price will go, the other 1 thinks the price will go down.
It is and never has been a one-way vertical market.
The only way to bring down the price of oil is to, have more supply, or less demand.
Right now there is more demand than supply.
What you've posted is direct from Fox. Please look up "speculation - oil U.S. Learn to check what you hear! The repub/tparty are counting on your lack of research.
These posts that are trying to lay blame on Prez Obama are nothing more than half truths and words taken out of context. The repub/tparty, true to form, edited their videos (re Breitbart-RIP, O'Keefe) to say only what Fox viewers want to hear. There is no reasoning with people who rely on Fox (google Fox study on viewers). They need their "rush." Prez Obama has yet to undermine Americans. There are times we may not agree with our POTUS, after all, we don't know what all he is privy to, but in the main, this Prez is doing what he feels is in the best interest of Americans and the U.S. OBAMA 2012
Please look up "speculation - oil U.S.
cmegroup.com that is the place where oil is traded..
Go read the rules.
At this time, the supply is the highest in 8 yrs and the demand is lowest in 3 yrs. So much for your supply side economics.
You also forgot about this congrssional hearings on "speculations" held last yr. They were televised.
Wrong, the demand is at all time highs.... They can't get it out of the ground fast enough.
Let me clue you in, series 7, 6, 63, 65, CFA I II III, FL 2-15.
Now go to FINRA and do some home work.
traf,
your post 7.7-
eric cantor told the audience of speculators when he went to the chicago headquarters in may of 2011 that his repub caucus would do "our part" to block the implementation of financial reforms passed in 2010(?).
eric cantor, the cme group, speculators and the repub party ARE ALL IN THE SAME BOAT. this is the same old "same old" that repubs and democrats disagree on, AND HAVE BEEN FIGHTING ABOUT, and it has to do with regulations that will curb the manic activity of OIL SPECULATION.
why should i care what the CME has to say, when they are in bed with the repub party, fighting for the same things that republicans think is good for our country? eric cantor wants massive budget cuts to the Commodity Futures Trading Commission-the regulatory body implemented to oversee oil speculators at the CME GROUP, and as i am sure you know, repubs wanted to push a seperate bill to delay dodd-frank until a repub gets in the white house, about 18 months at that time.
eric cantor wants the oil speculators to continue on as they are. they want NO regulations on the gambling going on. eric cantor is very concerned about the speculators, and wants to make sure that they continue to have free reign. he wants CME to be "the guiding light" for the country "in every area of its existence".
dodd-frank protects the citizens of the U.S. from big money interests that have no interest in the United States, or the citizens who live here.
pools of speculative capitol, managed by commodity traders (CME), hedge funds, brokers, wall street, and etc. leverage their capitol into trillions of dollars. speculators, CME group, and oil companies benefit from this "betting" that is on the fringes of what is legal.
speculators are the main factor in the price of oil going up. it is not the ONLY reason, but their MANIPULATION of oil futures is behind the increase of the price of oil.
Speculator are placing a bet that oil prices will be higher in the future. this is what is driving up the price anyone with any knowledge on how wall street works understands that
The question that needs needs asked and you liberal refuse to answers is why are they placeing that bet why do they think oil prices will be higher in the future then what they are now
you will try to blame Iran but you forget there has been an oil embargo on Iranian oil for quit some time now
So then could it be that Obamas energy policies are causing speculators to predict that oil price will rise? he and his administration has said that they want the price of oil to go up. so i guess the speculators are taking his word for it
Take for example under Bush when we had a spike in oil prices and then fell by half in 2 months. what caused that massive drop in price? it was because Bush signed off on al ot of oil drilling permits. Now we all know that it takes atleast a year or more for a drill site to beable to get that oil to market so you ask how can that be? how did that drop the price of gas when that oil wont reach the market for over a year its because the speculators knew that the price of oil will drop in a year or 2 so they then sell their oil futures as soon as they can which dropped the price
nobuma has said he doesn't mind $4.00+ per gallon so he can give more $$$$ for the electric car garbage. This un-american imposter of a president has to goooooooooo...
You clowns just can't help slandering the President of the Uninted States. Too bad that just shows you disrespect for this country. And your racism as well.
Larry - you're the clown if you think that last posters comment against the president is racist. There was not one racial remark in his post.
If you see one there, I'd suggest it's you who is overly fixated on race.
Just because President Obama happens to be African American does not mean criticism of him is off limits, or that speaking out against him is in any way racist.
As a matter of fact, just because I think he's a lousy president doesn't mean I wasn't very proud of America when he was elected... even though I didn't vote for him...and yes I was proud because he was African American and felt we'd finally once and for all left the race division BS behind.
Thanks for proving there are still some yahoos out there who first see only color when they look at a person.
and no, I didn't vote for McCain either.
Jan 2009, Obama: Give me $700 billion and we can keep unemployment under 8%.
Whooooooooooops. missed that one by a country mile.
Talk about "Lying".
Yeah we know that is all you do is lie. We see it in everyone of your posts. But then that is all the republicans can do is lie to cover up other lies.
Here we go, did you notice one of your buddies Pam 52, posted she voted for obama yesterday!!!!!!!!!
Just how does that work??? vote for a democrat in a republican primary.
Post your link where HE said that.
I agree we either vote the trolls, that have NO facts and don't want a discussion off, or just ignore them.
A link.......... Where have you been for the past 3 years?????
Remember the stim-u-less deals???? cash for clunkers, and so on??
All 3 cost right $800 billion and did not move the needle one bit.
You don't remember what he said when asking for the money in Jan 2009??
Remember the summer of 2010? when he said the unmployment should be at or below 7% be next year??
In the primary justification for the stimulus package, the Obama administration and Democratic proponents presented a graph in January 2009 showing the projected unemployment rate with and without the ARRA.[1] The graph showed that if ARRA was not enacted the unemployment rate would exceed 9%; but if ARRA was enacted it would never exceed 8%. After ARRA became law, the actual unemployment rate exceeded 8% in February 2009, exceeded 9% in May 2009, and exceeded 10% in October 2009. The actual unemployment rate was 9.2% in June 2011 when it was projected to be below 7% with the ARRA. However, this can be accounted for by noting that the actual recession was subsequently revealed to be much worse than any projections at the time when the ARRA was drawn up.
Thanks for playing "just the facts"...
Yada yada yada more fact free posts by our re reg troll.
gee what about that stimulus that didn't work. from DailyKos.
WED MAR 07, 2012 AT 09:19 AM PST
Private-sector jobs report better than forecast, hinting at 220,000+ government report Friday+
Yada yada yada more fact free posts by our re reg troll.
You must have a hard time reading, I posted facts about the ARRA.
If you can prove any of it to be not the truth, by all means please do.
Yep just like I thought Mitch Danials claimed it and the trolls repeat it but then that is all the tea bagging trolls do is repeat right wing BS.
One day you will open your eyes.
Says the guy with eyes squeezed tightly shut. One day you will open your eyes and discover that your dementia could have been cured if you stopped following delusional people that got you to sell your soul to the corporate master.
8.3% unemployment, 15% of the population on food stamps.
$5 trillion dollars later.... Thanks Dumborats.
We don't need any more help from you liberals, every time you people do something the country and the tax payers take in the balloon knot.
All this negativity, do you ever just have a nice day?
Sorry you perfer not to be more positive.
Always blaming someone else.....it must be their fault?
Look to the right......oh yeah they are taking care of us. No more America if we leave it to the GOP. Going Over Precipice.
Trolldar>>> think this re-reg is about to espouse itself.
PS of course it is we all seen his posts before.
LOL it sure has a bad case of rectal head planted. or yes his head is still stuck in his 4th point of contact, where his BFF is his prostate.
Dear Ed,
It would be good if you could do a price comparison of various things and chart it from say 1950 to the present. You know, price comparisons that the average person can relate to like milk, bread, coffee, housing, cars, gasoline, etc. I think it would be shown that the price of gas isn't that much more expensive, adjusted for inflation, than other commodities. It would also show that it is the decline in real wages that is putting the squeeze on the average American. Everybody loves a good graph. What do you think?
He wont show a graph because he doesn't want to risk the chance for you liberals to see the full picture the whole story. he just wants to cherry pick the information that only reinforces his argument
If he would show you a graph it would show how gas and food prices on average always was higher during the time democrats were in charge
Only in the mind of a death dumb blind tea bagging republican. The problem is they chose to disable themselves.
Click on "6 years" When you open so you can see how easily it can fluctuate.
http://gasbuddy.com/gb_retail_price_chart.aspx
Consumer Price Index vs. “Core” Inflation
http://cashmoneylife.com/consumer-price-index-vs-core-inflation/
Does it surprise anyone that Newt lies?
2008 When G.W. Bush was in office and the gas prices went up, I watch some of the right wing conservatives on FOX say that it was not the President fault that gas prices were going up. Presidents have nothing to do with gas prices going up. That is what those Fox folks said when President Bush was in office. Guess what they are saying now? I bet you $10 thousand dollars you can't tell me what they are saying now.
And no one in Bush's administration said they wanted the price of gas to be like it is in Europe $8 bucks a gallon...
But Odinbats head energy dude same that, the liberals all want gas to keep going up, so they can waste tax payers money on windmills, solar panels.
Oh by the way GM laying off 1300 at the volt plant...
In 2007 Bush granted 7561 new drilling permits....I was not able to find the number Obama has issued last year? I have to go pick up my son? I would appreciate it if anyone could post the number Obama has issued this past year.
Thanks, TAP
Oh btw the GOP want you to focus on birth control didn't you get the memo from your masters yet? They lost the economic debate and moved on to more important things like peeking up womens skirts. Get with the GOP program ffs, using out dated Fox news reports is rather lame.
I was not able to find the number Obama has issued last year?
That is due to the fact this administration has not issued 1, as in ZERO.
The 350% increase in drilling is in fact on state and private land not Federal land.
But he jumps on TV taking the credit........ What a joke this dude is, come on November
Go back to lying fox news.
Speculators are in it to make money. On every transaction, there is a buyer and a seller. The speculators are paying higher prices because there are threats of supply interruption, and no plans by the US to take action tap its supply. If they are wrong, they will lose money.
The policies of the administration that prevent the US from developing reserves, or in bringing Canadian reserves to the market all contribute to the supply issue.
One has to be fairly brainwashed to think that the price that people pay for oil is not connected in some way with government policy.
Funny how the liberals all scurry back into the woodwork when the bright lights know as the facts, are turned on.
Except you have yet to present a fact all we get are made up garbage based on cherry picked information. Here is a clue, fats are proved by all evidence presented not just the evidence that fits the posters views.
"fats" are what?
Which just goes to show that you know you have no facts. So my post dropped a c and I didn't catch it you are going to try to discredit me on a typo. Typical reaction from the whiners club.
So how ya doing on the ARRA facts I posted, any luck with your claim it's not the truth?
Hurry the whole ed show blog is waiting
Speculator are placing a bet that oil prices will be higher in the future. this is what is driving up the price anyone with any knowledge on how wall street works understands that
The question that needs needs asked and you liberal refuse to answers is why are they placeing that bet why do they think oil prices will be higher in the future then what they are now
you will try to blame Iran but you forget there has been an oil embargo on Iranian oil for quit some time now
So then could it be that Obamas energy policies are causing speculators to predict that oil price will rise? he and his administration has said that they want the price of oil to go up. so i guess the speculators are taking his word for it
Is that enough facts? i dont want to confuss you with more until you understand these simple ones
LOL wowwhat a bunch of spins and twists that contradict what you try to call facts and you still leave out the fact the supply is up demand is down which blows your drill now demands to make oil prices go down because fact is it's not happening now. You also leave out the greed of speculators which is why oil prices are on the raise.
Simple solution for gas prices, tell OPEC countries that we will charge everyone the same for a bushel of grain as they charge us for a barrel of oil since it's getting too expensive to ship it.
Stuck in 1978 are we. OPEC has nothing to do with oil prices that is decided on Wall ST and the global market by speculators who use any signs of the middle east being distressed as an excuse to drive oil prices up.
You do realize that the current spike is driven far more by Iran's blustering and the closing of several refineries for scheduled maintenance than by any degree for stock speculation, don't you? And the fact is, that much of the stock speculation is influenced by the decisions of OPEC countries and issues with the Middle East.
The fact that prices are getting as bad (or worse) now with oil at $102 dollars a barrel as they were when it was hovering around $130 dollars a barrel during the last spike demonstrates that it's far more than Wall St speculation influencing the prices.
Either way, it doesn't change the fact that if they can manipulate the market to increase profits for commodities we want, we should be able to to the same with ones they need. The only difference is that they are the ones that will starve to death without what we are selling. If they want to play hardball, let's really play hardball. If Iran is threatening blockades, then make it so uncomfortable for Iran's Islamic nation neighbors that they will bring the rogue state to heel instead of wasting American lives and resources to try to do the same.
Either way, a gas station in downtown LA topped at $6.19 for regular self-serve gas today. Something needs to get done about that before election time or Obama will have problems. Blame is just like credit, deserved or not, it flows to the top, and the President is the top of the heap.
Why single out just one thing that Gingrich is lying about? He's lying about EVERYTHING!
Dumb Ass Democrats look this up and see when he said this. This is what Obama should take credit for.
Jack Gerard, CEO of the American Petroleum Institute, told a House energy panel the nation has vast energy resources that aren't being fully tapped. New leasing on federal lands is down by 44 percent, and the number of new wells drilled is down 39 percent, Gerard said.
I don't feel like looking up your butt like you do to get your facts.
Msnbc is suck assing with Obama, anyone who thinks not is not normal. MSNBC is not good for America & not good for Americans.
Among those that have participated in the Republican nomination process approximately 2/3 of them have expressed a preference for a candidate other than Romney and the measure of antipathy toward Romney is reflected by the fact that there has been a constant shift between selections of these other opponents which reflects an-anyone-but-Romney intent.
Most of these anti-Romney voters of the GOP are not buying what he tells them and this looms very large when it comes to a general election between Romney and Obama. For a shot at victory, Romney will need to reflect stances that are more in tune with middle of the road voters and this is not going to go over well with those skeptical in the first place.
In the past, members of the right had confidence in their nominee and what he really stood for. Thus, they understood that with a wink to them the nominee would be saying some things couched in more moderate terms. This is not going to be the case with people who have not believed Romney in the first place and will conclude that his shift is where he has been all along.
They will not find funny the joke about the liberal, moderate and conservative walking into the bar and the bartender looking up and saying, “Hi Mitt.”
And yet, as Clinton proved, the man that moves toward the middle tends to be the best for the country as a whole as long as it is done correctly. That is one of many places where George W Bush failed. He had no firm place to try to move toward the middle from. In all honesty, he was only even conservative from a moral standpoint. He failed the test of a fiscal conservative for eight years.
At the end of the day, when the vitriol and politicking is stripped away the basic ideals of the two parties are fairly straight forward. The Republican party wants lower taxes and lower spending so that people can handle themselves. The Democrats want more tax revenue for social programs so that the government can help people. The problem with Bush was that he lowered taxes and RAISED spending. Now, granted, some of it was not his fault with the 9/11 attacks. But he started tossing good money after bad with this nation building nonsense in Iraq and Afghanistan. Then President Obama did the same thing trying to stabilize those regions, especially Afghanistan. Can you explain to me why we are doing anything there other than spraying herbicides to kill the poppy fields that supply so much of the world's heroin (which is something the US is not doing for some reason)? It's not like we will ever make the people there our allies. They our fundamentally opposed to our way of life. You can't change that without without completely destroying their culture and replacing it with your own, and it's not our place to do that.
When isn't the man lying?
Nice to be able to post without being blocked like at yahoo. They are getting as bad as fox news.
Excuses used by Wall Street to drive up oil prices.
1. We no longer go by supply and demand.
2. News out of the Middle East.
3. China and their growing economy.
4. Economy picking up.
5. Refineries closing in the east.
6. GOP protecting big oil.
7. A do-nothing Congress for the last 40 years.
Reasons why oil should have been falling since 2008.
1. Over supply and no demand.
2. Drilling more than ever.
3. News coming out of the Middle East is just that news only.
4. Economies everywhere hurting.
5. China's economy slowing down.
6. USA consumption down for 3 years.
7. Dollar going up.
Excuses and Greed the real reasons for oil prices going up nothing else.
Thank you can not get this posted once again at Yahoo. I wish someone would buy them out and shut them down.