quote:
so what you're saying is that the price of natural gas has nothing to with the BP Oil Spill and the new safety regulations that the administration handed down but the price of oil on a global scale and the price of gas domestically does??

I'm not even really sure how to respond to that because for the life of me I can't figure out what you're trying to say

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Posted by tgrbaitn08

Member since Dec 2007

146214 posts

Posted on 6/18/14 at 12:51 pm to Thib-a-doe Tiger

what i am trying to say is that the oil spill and the the safety regs are not the direct result of the price of gas and the price of oil on a global market.

you are trying to say that the reason the price of gas is high is because of the reasons I just mentioned.

However, you wont say that those same reasons have any effect on the price of natural gas. Why is that?

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Posted by tgrbaitn08

Member since Dec 2007

146214 posts

Posted on 6/18/14 at 12:56 pm to Thib-a-doe Tiger

quote:
I'm not even really sure how to respond to that because for the life of me I can't figure out what you're trying to say

let me break it down for you...

BP Oil Spill and new safety regs have no effect on natural gas prices...Correct?

BP Oil Spill and new safety regs are direct cause for increased oil prices on a global scale as well as US gas prices at the pump...correct?

I'll leave it at that, just so we are clear

quote:
Of course the oil spill wasn't a result of the price of gas.

you said numerous times that it was

quote:
His safety regulations didn't cause every oilfield related company to add billions collectively to their budget? Companies that weren't even a party to the spill? Who do you think ended up picking up the tab for that?

quote:
You don't think that extrapolated over the entire industry is going to raise prices?

quote:
So adding what probably amounted to hundreds of billions of dollars in safety budgets, along with shutting down exploration in the Gulf for over a year, a slow permitting process, and no Keystone have no effect in gas prices domestically.