Thank Obama For Your Higher Gas Prices (1 Viewer)

[[scooter]]

This is all b/c of shale not conventional drilling

The lower prices are due to a number of things. Shale and fracking is part of it, so is the increased MPG standards, so is the trend towards smaller cars (which did not end until 2014).

 

[NutterButter]

This is all b/c of shale not conventional drilling

The lower prices are due to a number of things. Shale and fracking is part of it, so is the increased MPG standards, so is the trend towards smaller cars (which did not end until 2014).

How about more conventional drilling?

 

[Homer J Simpson]

Greatest president of all time. Paid off my mortgage and made gas cheaper singlehandedly.

It's going to take a lot of really cheap gas for me to offset my 401k losses, but I guess as long as I'm working to 80 with cheap gas...it's all good!!!

How have you possibly lost money under this administration? Did you let LHUCKS manage your investments?

 

[Homer J Simpson]

Greatest president of all time. Paid off my mortgage and made gas cheaper singlehandedly.

It's going to take a lot of really cheap gas for me to offset my 401k losses, but I guess as long as I'm working to 80 with cheap gas...it's all good!!!

How have you possibly lost money under this administration? Did you let LHUCKS manage your investments?

http://i.imgur.com/H6CDVcC.jpg

 

[[scooter]]

This is all b/c of shale not conventional drilling

The lower prices are due to a number of things. Shale and fracking is part of it, so is the increased MPG standards, so is the trend towards smaller cars (which did not end until 2014).

How about more conventional drilling?

Total number of conventional oil rigs has dropped significantly since 2014 link

 

[Rohn Jambo]

Airlines use 30% more jet fuel and have more delays and near misses because of the archaic air traffic control system.

I hear they are working on the new system using better and newer technology.

 

[NutterButter]

This is all b/c of shale not conventional drilling

The lower prices are due to a number of things. Shale and fracking is part of it, so is the increased MPG standards, so is the trend towards smaller cars (which did not end until 2014).

How about more conventional drilling?

Total number of conventional oil rigs has dropped significantly since 2014 link

Brilliant of Obama to realize that increasing drilling wasn't apart of the solution.

 

[Johnny Rock]

Greatest president of all time. Paid off my mortgage and made gas cheaper singlehandedly.

It's going to take a lot of really cheap gas for me to offset my 401k losses, but I guess as long as I'm working to 80 with cheap gas...it's all good!!!

How have you possibly lost money under this administration? Did you let LHUCKS manage your investments?

You weren't a finance major were you.

 

[Rove!]

This is all b/c of shale not conventional drilling

The lower prices are due to a number of things. Shale and fracking is part of it, so is the increased MPG standards, so is the trend towards smaller cars (which did not end until 2014).

How about more conventional drilling?

Total number of conventional oil rigs has dropped significantly since 2014 link

Brilliant of Obama to realize that increasing drilling wasn't apart of the solution.

Domestic oil production spiked, which was what the drill baby drill movement strived for...

 

[Ministry of Pain]

Free from 3 to 4 today

 

[[scooter]]

This is all b/c of shale not conventional drilling

The lower prices are due to a number of things. Shale and fracking is part of it, so is the increased MPG standards, so is the trend towards smaller cars (which did not end until 2014).

How about more conventional drilling?

Total number of conventional oil rigs has dropped significantly since 2014 link

Brilliant of Obama to realize that increasing drilling wasn't apart of the solution.

Domestic oil production spiked, which was what the drill baby drill movement strived for...

Pretty sure Sarah Palin never said "Shale baby shale".

 

[Rove!]

This is all b/c of shale not conventional drilling

The lower prices are due to a number of things. Shale and fracking is part of it, so is the increased MPG standards, so is the trend towards smaller cars (which did not end until 2014).

How about more conventional drilling?

Total number of conventional oil rigs has dropped significantly since 2014 link

Brilliant of Obama to realize that increasing drilling wasn't apart of the solution.

Domestic oil production spiked, which was what the drill baby drill movement strived for...

Pretty sure Sarah Palin never said "Shale baby shale".

Pretty sure they said yes to all sources of energy. I distinctly remember an " all of the above" energy policy

 

[[scooter]]

This is all b/c of shale not conventional drilling

The lower prices are due to a number of things. Shale and fracking is part of it, so is the increased MPG standards, so is the trend towards smaller cars (which did not end until 2014).

How about more conventional drilling?

Total number of conventional oil rigs has dropped significantly since 2014 link

Brilliant of Obama to realize that increasing drilling wasn't apart of the solution.

Domestic oil production spiked, which was what the drill baby drill movement strived for...

Pretty sure Sarah Palin never said "Shale baby shale".

Pretty sure they said yes to all sources of energy. I distinctly remember an " all of the above" energy policy

You're thinking of her policy on magazines.

 

[Doctor Detroit]

 

[Rove!]

Sensing the butthurt of being outsmarted by Sarah Palin...

 

[Doctor Detroit]

Sensing the butthurt of being outsmarted by Sarah Palin...

You have no idea why oil prices are where they are do you? I mean, I'm not surprised if you don't, but you should reign in the hubris.

 

[NutterButter]

This is all b/c of shale not conventional drilling

The lower prices are due to a number of things. Shale and fracking is part of it, so is the increased MPG standards, so is the trend towards smaller cars (which did not end until 2014).

How about more conventional drilling?

Total number of conventional oil rigs has dropped significantly since 2014 link

Brilliant of Obama to realize that increasing drilling wasn't apart of the solution.

Domestic oil production spiked, which was what the drill baby drill movement strived for...

But not b/c of drilling

 

[flapgreen]

Greatest president of all time. Paid off my mortgage and made gas cheaper singlehandedly.

It's going to take a lot of really cheap gas for me to offset my 401k losses, but I guess as long as I'm working to 80 with cheap gas...it's all good!!!

 

[Doctor Detroit]

Greatest president of all time. Paid off my mortgage and made gas cheaper singlehandedly.

It's going to take a lot of really cheap gas for me to offset my 401k losses, but I guess as long as I'm working to 80 with cheap gas...it's all good!!!

Stock market up 200% since he took office, mbrasi might consider getting out of a 100% silver portfolio.

 

[flapgreen]

I thought it was a joke.

 

[Doctor Detroit]

I thought it was a joke.

No one should joke about silver.

 

[flapgreen]

 

[msommer]

This would probably send the gas prices up, if enacted (which is unlikely)

http://www.bbc.com/news/business-35535385

 

[[scooter]]

Here's a thought: why not have a sliding scale for gas/oil taxes? When prices are low, maybe we tack on a few cents. When prices rise, we reduce the tax or eliminate it altogether. Is that too crazy or too rational to work?

 

[msommer]

Here's a thought: why not have a sliding scale for gas/oil taxes? When prices are low, maybe we tack on a few cents. When prices rise, we reduce the tax or eliminate it altogether. Is that too crazy or too rational to work?

It would be very hard to budget with that I think since the prices are fluid.

But now that the prices are low, let's enact this, and discuss whether to remove it again when the prices are high.

And make sure the proceeds goes to finance renewable energy research with the aim to lower costs of fossil fuel replacement methods

 

[urbanhack]

Here's a thought: why not have a sliding scale for gas/oil taxes? When prices are low, maybe we tack on a few cents. When prices rise, we reduce the tax or eliminate it altogether. Is that too crazy or too rational to work?

big oil's profits are not in play, guy.

 

[humpback]

Here's a thought: why not have a sliding scale for gas/oil taxes? When prices are low, maybe we tack on a few cents. When prices rise, we reduce the tax or eliminate it altogether. Is that too crazy or too rational to work?

It would be very hard to budget with that I think since the prices are fluid.

But now that the prices are low, let's enact this, and discuss whether to remove it again when the prices are high.

And make sure the proceeds goes to finance renewable energy research with the aim to lower costs of fossil fuel replacement methods

Agreed that it would be impossible to budget for it, but there's no way that we'll remove it when prices are high if we enact it now.

 

[msommer]

Here's a thought: why not have a sliding scale for gas/oil taxes? When prices are low, maybe we tack on a few cents. When prices rise, we reduce the tax or eliminate it altogether. Is that too crazy or too rational to work?

It would be very hard to budget with that I think since the prices are fluid.

But now that the prices are low, let's enact this, and discuss whether to remove it again when the prices are high.

And make sure the proceeds goes to finance renewable energy research with the aim to lower costs of fossil fuel replacement methods

Agreed that it would be impossible to budget for it, but there's no way that we'll remove it when prices are high if we enact it now.

So let's make sure the price stays low by replacing (some of, at least the growth of) the demand with renewables (paid for by the tax)

 

[cstu]

$2.47 at Costco here in Los Angeles.

Thanks, Obama!

 

[cstu]

Thanks Obama!

 

[NutterButter]

Thanks Obama!

  Love that guy

 

[bud29]

Took a trip to KC to see the Jags-Chiefs game this afternoon. 4.5 hr drive = only $17.50 in gas.  

 

[Amused to Death]

Here in NJ our has tax was just raised 0.23 per gallon, while also eliminating the estate tax. Thanks republican governor Christie!

 

[Mile High]

Under $2.00 a gallon here. 

 

[Thunderlips]

Under $2.00 a gallon here. 

Compared to 1950 though?  Thanks for nothing, Obummer!

 

[NutterButter]

Here in NJ our has tax was just raised 0.23 per gallon, while also eliminating the estate tax. Thanks republican governor Christie!

Is that tax currently in effect?   I thought that the price of gas jumped recently, but I honestly haven't been paying attention.  In all fairness to Christie, didn't he want to lower the sales tax by 1 cent to offset the increase in the gas tax by got denied by the dem congress?

 

[Amused to Death]

Is that tax currently in effect?   I thought that the price of gas jumped recently, but I honestly haven't been paying attention.  In all fairness to Christie, didn't he want to lower the sales tax by 1 cent to offset the increase in the gas tax by got denied by the dem congress?

Yeah its in effect now (Nov. 1) and yes he wanted to lower the sales tax by 1%.  The problem is the reduction would have caused major budget holes in future years.  I don't see the point of lowering or eliminating one tax while raising another - why not just divert the one tax to minimize the other?  

 

[[scooter]]

Thanks Obama!

Okay that was funny.

 

[Godsbrother]

Anyone else's gas prices jumping lately?   It is $2.79 in some places around my house and a month ago it was $2.43.    

Friggin' Obama is at it again.

 

[Mile High]

Anyone else's gas prices jumping lately?   It is $2.79 in some places around my house and a month ago it was $2.43.    

Friggin' Obama is at it again.

Yeah. Gas has jumped about 30 cents a gallon here.

 

[Two Deep]

Anyone else's gas prices jumping lately?   It is $2.79 in some places around my house and a month ago it was $2.43.    

Friggin' Obama is at it again.

Yep.

Make America Great Again.Keep gas prices reasonable

Gas prices low...economy good

Gas prices high...economy bad

Keep them in check and anybody can be president. Of course we haven't had a president with a hair on his sack that would ever put any regulations on the oil speculators.

Sumer blend, Lone militant poked a hole in a supply line, North Korea rattling sabers, so on and so forth. Just excuses to bend us over.

 

[culdeus]

Up quite a bit here as well. 

 

[Osaurus]

Tampa area up 10 cents in the last week.

 

[Amused to Death]

My area of central Jersey is up about 35 cents since mid-January.  Our Memorial Day bump is also coming.

 

[Slapdash]

Anyone else's gas prices jumping lately?   It is $2.79 in some places around my house and a month ago it was $2.43.    

Friggin' Obama is at it again.

When will Obama stop?!

 

[Godsbrother]

Gas prices over $3.00 here in Pittsburgh.    Obama sucks

 

[[scooter]]

Gas prices over $3.00 here in Pittsburgh.    Obama sucks

Average national price of gasoline in January 2017: $2.25 per gallon

Average price today: $2.77 per gallon

 

[Godsbrother]

Average national price of gasoline in January 2017: $2.25 per gallon

Average price today: $2.77 per gallon

Well you got to give Jim11 credit for calling it.   

 

[Sand]

Average national price of gasoline in January 2017: $2.25 per gallon

Average price today: $2.77 per gallon

$2.25 was an unusually low price - the timing of the oil crash, etc.  Holding 10k worth of VDE (or something similar) hedges this out, assuming you use 50 gallons a month.  Easy to take care of that way.

 

[The Commish]

I'll wait for the backlash