Obama In 2012: ‘We Can’t Just Drill Our Way To Lower Gas Prices.’ Add another one to the stupid Obama comments column.
Obama In 2012: ‘We Can’t Just Drill Our Way To Lower Gas Prices.’ Add another one to the stupid Obama comments column.
This website uses cookies.
View Comments (35)
When O said "we" he meant him and his party. They have no f-ing incentive to do anything honest and substantial and so dismiss the notion. If oil is cheap and the people happy, democrats will have trouble demonizing it and making graft on green energy.
That is the reason behind everything Obama does and says.
He claims to want peaceful relations with the people, yet he keeps stirring up controversy. "The police acted stupidly", every time there is an incident involving a police officer, he doesn't say "we must wait for the process to run it's course", instead he sends in Holder to do a civil rights investigation. I have never seen an attorney general spend all his time creating civil rights cases, and doing nothing to enforce the laws of the land. Barky demonizes the very people he bailed out! Wall Street is nothing but a bunch of greedy sharks according to him, but they were the first ones he threw billions at when they were hurting. I believe that he's scared shitless that if he doesn't have someone to demonize, that the people will start scrutinizing him and his performance, and we all know how that will work out!
Absolutely right. And, in each one of these situations if you said "Obama acted stupidly" you'd be 100 % correct.
BTW, Here is an awesome article!
http://redalertpolitics.com/2014/11/24/gq-names-obama-one-least-influential-people-2014/
Thanks. When they refer to influence, they mean positive influence. Obama has had no positive influence on the country whatsoever, and is awash in bad influence.
He doesn't know how to act any other way.
Naturally. He IS an ivy league grad. Of course, since the One hides his college records one can only assume he graduated.
I want to know WHO paid for his tuition.
Someone that really hates us.
There are stories floating around that it was Islamic groups,...
http://www.newsmax.com/KenTimmerman/obama-harvard-/2009/12/14/id/342454/
As would be expected, Snopes denies it.
I assume he never completed one semester.
The left's moron messiah strikes again.
The Bakken oil fields NoDak have driven prices down through increased production?
Huh...
Actually it's the Saudis who have dropped prices, and that's what is pushing prices down. That's actually BAD news for fracking, because they need a relatively high per-barrel rate to be profitable. In other words, if world oil drops to maybe $50/bbl -- the Dakota oil boom goes bust.
That's one angle.
Most of the US competition is probably good for making money down to $60 a barrel or so...and even if they aren't, you aren't likely to really drive them out of business and oil is a business with long-term investments. There's virtually nothing you can do that's going to stop more production from coming on line for the next few years.
What is likely a big part of it, is that the geopolitical stars have aligned very well. Iran is extremely vulnerable at the moment as a result of Ahmadinejad's insane spending. They need something like $140 a barrel to balance their budget. Iran is Saudi Arabia and the rest of the Gulf's archenemy (except perhaps Oman). Now is exactly the ideal time to really put the screws to them and try to fuck over Rouhani (more reasonable reformer) so Iran stays a mess for years to come.
And that happens to align with Venezuela being in a horrific, probably eventually government-toppling economic crisis, as well as Russia being aggressive towards Western interests. And low oil prices nicely hurt both of them to go with it.
In short, for everyone Western-aligned, there is something significant to be gained from low oil prices right now. And the other notables like China and India also benefit from low oil prices and will be happy as well.
But if it drops to $55, our guys get to keep working, and the price at the pump drops to levels that will help our economy get back on track.
Not to worry, Obama has a plan to keep that from happening.
The only reason the Saudis are dropping prices is to remain competitive. They have been bitching about the price of oil and want it to be higher.
It's amazing how that works, isn't it?
Dude, in 2011 when I drove to Saskatoon, SK for my niece's wedding & reception, I took Highway 52 from Jamestown, through Minot, & up to the Portal, ND/North Portal, SK crossing. I went through part of the Bakken, & almost had tears in my eyes because it was beautiful. It represents freedom & economic opportunity. As well as a way to tell OPEC to suck it.
Adam Smith had it right all those many decades before Karl Marx was even a gleam in his daddy's eyes but you wouldn't know it. Libturds can't read anything written before 1858! They say and think it's the village...stupid; but we say and know it's really the market place...STUPIDER...DUH! Ol' Karl never got it right...he just had a toady named Freddy Engles who wrote his every word down for him, because even then, lazy f***s that they are, some socialists were more equal than others.
By saying'' add another one to the stupid obama comments column'' you infer there may be a smart obama comments column.
http://dailytimewaster.blogspot.com/2014/12/your-good-news-of-day-one-billion.html
How very Zen of you.
Please. This is just more evidence of the gigantic intelligence that is B. Heussein Obama.
Barak Heussein Obama
Have Brain will Prezident
OPEC doesn't seem to be too happy with our drilling....
http://www.foxnews.com/world/2014/11/29/opec-keeps-oil-output-steady-despite-falling-prices/
OPEC can just STFU and STFD!
Agreed!
Whatever Dear leader says, just the opposite will happen... Say a sign for gas at $1.99 a gallon in Oklahoma on another website...love it...But I am sure that Dear Leader and that ugly old wrinkled guy with the white hair at the EPA will screw this up too.....
Yea, but now Obama wants to take credit for the lower prices, even though he tried to make them go higher.
Yea if he had anything to do with it, we would be paying 9 dollars a gallon...
Supply and demand. Proving once again that followers of Keynesian economics don't have a clue how shit really works in this country. Also proving that Keynes had his head up his a**.
Supply and demand works, but so does Windage and elevation.. :)
Keynes himself backed away from Keynesian economics later in his life. After watching FDR and Morganthau fail he knew it was flawed.
Damn phone, "saw a sign and Oklahoma...there self imposed grammar nazi... :)