$5 gas, 50-cent postage stamps?

[News Feed]

Remember those carefree days when a gallon of gas was only $5? And when you could cheerfully mail a letter for the rock-bottom price of 50 cents?

Continue reading...

 

[faethor]

The world is a changing. What we are facing is low cost natural gas can be used to frak oil. The US is switching to a oil exporter. This world condition is in turn making our own oil more lucrative on the market. The gas pump increase are trickled down from a world market. I've seen people here blame Obama for high cost oil. The problem is the world market and those betting on increases.

 

[metalman]

I've seen people here blame Obama for high cost oil. The problem is the world market and those betting on increases.

Yeah! Unicorn farts are a great substitute for oil

 

[Fade]

Hey Metalman, if you put 300lbs of air in each tire, you won't use any oil at all. Think of the savings!

 

[faethor]

Yeah! Unicorn farts are a great substitute for oil

Certainly something Obama said on the Campaign trail. Remember this? http://www.time.com/time/nation/article/0,8599,1829354,00.html But, it's been another Campaign promise failure. Instead we see the largest production of oil from the US ever. Instead we see tighting fuel standards put back on track.

Fast forward to the Presidency today and Obama appears to be more well versed in the issue. The USA with 2% of the world's production and 20% of the world's usage is putting us behind the barrel. There's nothing whatsoever indicating we can increase production the 10 fold needed to supply everything we need. Nor are their any laws mandating we must use our own oil first. So even the more oil we are producing ends up awash in the mix of international options resulting in no real savings for you or I at the gas pump.

This is clearly an international problem impacting the US. We no longer set the price of oil as other markets demands have grown to meet ours. Drill baby drill is the wrong pill. It's akin to giving someone an aspirin and telling them it'll cure their brain tumor.

 

[FluffyMcDeath]

The USA with 2% of the world's production and 20% of the world's usage is putting us behind the barrel. There's nothing whatsoever indicating we can increase production the 10 fold needed to supply everything we need.

I don't know about that. Domestic oil production is increasing very rapidly. Iraq became US domestic oil in the last decade and Libya in the last year. Iran may become US domestic oil in a few years. Mind you, the United States of Saudi Arabia (U.S.S.A.) is still the biggest domestic producer. That's what hegemony is all about.

 

[Dammy]

This is clearly an international problem impacting the US. We no longer set the price of oil as other markets demands have grown to meet ours. Drill baby drill is the wrong pill. It's akin to giving someone an aspirin and telling them it'll cure their brain tumor.

By that mentality, we can ban all oil production in the US and prices will not be effected? We are clearly apart of the total equation, had we been a net exporter, prices would be lower then what we are paying at the pump. We import about 7m barrels of oil each day, that's nearly $750M each day we are sending out of the country. Now that's a massive economic drag.

 

[Dammy]

I don't know about that. Domestic oil production is increasing very rapidly. Iraq became US domestic oil in the last decade and Libya in the last year. Iran may become US domestic oil in a few years. Mind you, the United States of Saudi Arabia (U.S.S.A.) is still the biggest domestic producer. That's what hegemony is all about.

New well permits in the US under Obama are about half from what Bush was granting. Today's oil production increases are from Bush's oil well drill permits now entering into the market.

Nice to see the Progressives in the forums going back to the oil situation, I guess you all understand how this is going to bite Obama in the ass in the next election as we are paying well above $5 a gallon.

 

[FluffyMcDeath]

Nice to see the Progressives in the forums going back to the oil situation, I guess you all understand how this is going to bite Obama in the ass in the next election as we are paying well above $5 a gallon.

Isn't elections what the strategic reserves are for? Of course, Bush ended up turning on the reserve tap for the election but - it was for other (focus group tested) reasons, of course.

 

[metalman]

Certainly something Obama said on the Campaign trail. Remember this? http://www.time.com/time/nation/article/0,8599,1829354,00.html But, it's been another Campaign promise failure. Instead we see the largest production of oil from the US ever.

Don't worry, Obama is doing his best to stop all drilling ...

by adding the Dunes Sagebrush Lizard to the endangered species of the U.S. Fish and Wildlife Service and shutting down West Texas drilling to save this "endangered" species. The addition would shut down drilling activity for a minimum of two years and as many as five years while the service determines what habitat is needed for the lizard. That means no drilling, no seismic surveys, no roads built, no electric lines. Not only would the move impact oil and gas operations but also agriculture shutting down agricultural activities like ranching and farming

The Dunes Sagebrush Lizard is a subspecies of the Sagebrush Lizard that is very common throughout the west. Lizards scatter when a rig comes on scene. They feel vibrations in the ground, hear noise, see large objects, they run away and hide, they don't stay and get killed. Then when the rig is finished drilling and moved away, they come right back to the habitat again … Lizards are all over West Texas, found in buildings, cars, roads and shopping malls. If the Dunes Sagebrush Lizard is endangered, blame it on the Texas Roadrunner, they're either tastier or slower than regular Sagebrush Lizard's ​

​

​

​

 

[metalman]

President Obama flew to Florida this past week to explain high gas prices. According to the Washington Post, on his way to Florida this past Thursday, reporters were "perplexed" at the President's 41 minute flight from Washington, DC to Orlando, Florida taking 1 hour and 15 minutes. The flight was in the air an extra 30 minutes, burning precious fossil fuels. ...and landed right at half time of an NBA basketball game between the Miami Heat and New York Knicks

 

[redrumloa]

When will Obama say let them eat cake?

 

[FluffyMcDeath]

The flight was in the air an extra 30 minutes, burning precious fossil fuels. ...and landed right at half time of an NBA basketball game between the Miami Heat and New York Knicks

When I drive the speed limit it always takes me longer to get places. I get since it takes me longer I must be burning more fuel.

 

[metalman]

When I drive the speed limit it always takes me longer to get places. I get since it takes me longer I must be burning more fuel.

and you took the great circle route of Vancouver to Ottawa by way of Miami to "save energy"
Truly your example is what we should all strive for in our efforts to save the Gaia

 

[metalman]

Obama told students in Miami on Thursday that there is “no silver bullet” when it comes to lowering gas prices. The White House press secretary told reporters this week there are no “magic solutions.”

How soon they forget their own rhetoric!
from the wayback machine
2006: Democrats Eager to Exploit Anger Over Gas Prices

Obama who has cancelled the Keystone pipeline and stopped issuing federal leases from Alaska to the East Coast, teaches us about "algae potential", and emphasizes the importance of "checking tire pressure" and “tune-ups.” He castigates the opposition for making political hay out of bad economic news, in the same way he routinely did as a senator. Energy Secretary Chu cannot say a word about soaring gas prices, since he is on record not so long ago hoping that they would double — to $8- to 10-a-gallon

 

[robert l. bentham]

Obama told students in Miami on Thursday that there is “no silver bullet” when it comes to lowering gas prices. The White House press secretary told reporters this week there are no “magic solutions.”

How soon they forget their own rhetoric!
from the wayback machine
2006: Democrats Eager to Exploit Anger Over Gas Prices

Obama who has cancelled the Keystone pipeline and stopped issuing federal leases from Alaska to the East Coast, teaches us about "algae potential", and emphasizes the importance of "checking tire pressure" and “tune-ups.” He castigates the opposition for making political hay out of bad economic news, in the same way he routinely did as a senator. Energy Secretary Chu cannot say a word about soaring gas prices, since he is on record not so long ago hoping that they would double — to $8- to 10-a-gallon

the really funny part is... the republicans couldve started building a pipeline sooner... they just wanted to make political hay out of a bigger one to make it look like obama was soft on jobs and oil dependence...

The White House on Monday welcomed a Canadian company's plan to build an oil pipeline from Oklahoma to Texas after President Barack Obama blocked the larger Keystone XL pipeline from Canada.​

The new proposal by Calgary-based TransCanada does not require presidential approval because it does not cross a U.S. border. The 485-mile pipeline is expected to cost about $2.3 billion and be completed next year, pending approval by federal, state and local governments.​

The Obama administration had suggested development of an Oklahoma-to-Texas line to alleviate an oil bottleneck at a Cushing, Okla., storage hub.​

Obama rejected the Keystone XL pipeline last month, citing uncertainty over a route that avoids the environmentally sensitive Sandhills region in Nebraska. He said there was not enough time for a fair review before a looming deadline forced on him by Republicans. The action did not kill the project but, for the second time in three months, put off a tough choice on the pipeline project, which has become the focus of a heated political fight.​

Pipeline supporters — including congressional Republicans and many business and labor leaders— call it an important job creator, while opponents say it would transport "dirty oil" from tar sands that requires huge amounts of energy to extract. They also worry about a possible spill.​

Read more on Newsmax.com: Canadian Firm to Build Pipeline Despite Obama Block ​

http://www.newsmax.com/Newsfront/Oil-Pipeline-Keystone-Canada/2012/02/27/id/430724

 

[faethor]

The Obama administration had suggested development of an Oklahoma-to-Texas line to alleviate an oil bottleneck at a Cushing, Okla., storage hub.

There is a bottleneck in Oklahoma right now. What does this result in? People in that area are paying about 40cents per gallon less than most other Americans. Opening up this pipeline is likely to remove that benefit from those in Colorado, for example. And because the net amount is a trickle the rest of Americans might save a few pennies, that'll be washed away in the much larger increases coming from other factors.

Now this isn't to say we shouldn't build it. I want us to be realistic on the total impact to the nation.

 

[metalman]

Obama rejected the Keystone XL pipeline last month, citing uncertainty over a route that avoids the environmentally sensitive Sandhills region in Nebraska. He said there was not enough time for a fair review before a looming deadline forced on him by Republicans.

Yes, needs to be carefully reviewed, because this is the first pipeline that's ever been built that crosses the Ogallala Aquifer

 

[robert l. bentham]

Yes, needs to be carefully reviewed, because this is the first pipeline that's ever been built that crosses the Ogallala Aquifer

yeah well ill tell you the same fuckin thing my dad said when the hormone mafia asked him to inject his cows... "I drink from that tank too" u might think its "no big deal to run that through" but i {bleep} live here... we dont need anymore leaking ass oil bullshit... we got {bleep} puhlenty... u must not have saw much of kansas... fuckin poo cat....