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re: WSJ Market Watch Opinion: If Iraqi oil goes off line, $200 oil is next

Posted on 6/18/14 at 12:06 pm to
Posted by GeauxxxTigers23
TeamBunt General Manager
Member since Apr 2013
62514 posts
Posted on 6/18/14 at 12:06 pm to
quote:

Glad my company pays my gas


For now...
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63401 posts
Posted on 6/18/14 at 12:06 pm to
I'll pay the premium to lighten the traffic in Houston and remove the trash from the planes I ride on.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 6/18/14 at 12:07 pm to
so you're saying that a sitting president can wave a magic wand from Washington DC and can influence the 90-million-barrel-a-day global oil market?


gotcha
Posted by Thib-a-doe Tiger
Member since Nov 2012
35554 posts
Posted on 6/18/14 at 12:08 pm to
quote:

if this $200/barrel happens before his term is up, i have no doubt he will try




He got re elected already
Posted by GrammarKnotsi
Member since Feb 2013
9422 posts
Posted on 6/18/14 at 12:08 pm to
quote:

Surely you don't deny that gasoline was about $1.80 when Obama was inaugurated and is about $3.60 now, do you?


No, those are facts..But, this is one of those rare things that you cannot solely pin on his ineptitude to run the Country..They would have risen no matter what
Posted by xXLSUXx
New Orleans, LA
Member since Oct 2010
10312 posts
Posted on 6/18/14 at 12:09 pm to
quote:

Actually according to this, gas has gone up 96% under OBama....



Listen, I disagree with mostly everything Obama does. But the fact of the matter is the president has almost no effect on the price of gas.

Want to know why it was so cheap in 2008 before Obama took office? We were in a damn depression.


Go back a little further than 2008. There were periods in Bush's presidency where gas reached over $4 a gallon.
Posted by WeeWee
Member since Aug 2012
40221 posts
Posted on 6/18/14 at 12:09 pm to
quote:


the president doesnt set gas prices, nor does he set the price of oil



then why did pelosi blamed bush for the high price of gas. LINK
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 6/18/14 at 12:09 pm to
quote:

so you're saying that a sitting president can wave a magic wand from Washington DC and can influence the 90-million-barrel-a-day global oil market?


Executive Orders and Drone Strikes, brah!
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80831 posts
Posted on 6/18/14 at 12:09 pm to
quote:

For now...

A company won't survive if they make their sales force pay their own gas. No one will work for them

Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 6/18/14 at 12:10 pm to
quote:

then why did pelosi blamed bush for the high price of gas. LINK



bc politicians are idiots, and so is the media
Posted by joeytiger
Muh Mom's House
Member since Jul 2012
6037 posts
Posted on 6/18/14 at 12:10 pm to
quote:

But, this is one of those rare things that you cannot solely pin on his ineptitude to run the Country


He could reduce regulations for that industry and allow more drilling on US soil and offshore. I can deal with the potential for floating oil in the Gulf again, if it means me not having to work, just to pay gas.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 6/18/14 at 12:11 pm to
Because Obama single handedly controls the price of a worldwide commodity.

Dummy Obama!!
Posted by GrammarKnotsi
Member since Feb 2013
9422 posts
Posted on 6/18/14 at 12:11 pm to
quote:

Want to know why it was so cheap in 2008 before Obama took office? We were in a damn depression.



Obama entered office when gasoline prices were depressed by the recession, so much of the rise is actually a sign of an improving economy. In other words, had prices not risen, it would mean the country overall was in worse shape.
Posted by CurDog
Member since Jan 2007
28083 posts
Posted on 6/18/14 at 12:11 pm to
quote:

so you're saying that a sitting president can wave a magic wand from Washington DC and can influence the 90-million-barrel-a-day global oil market?


gotcha


so glad we are on the same page
Posted by dewster
Chicago
Member since Aug 2006
25425 posts
Posted on 6/18/14 at 12:11 pm to
Sold my reliable old gas guzzling Silverado just in time.

With oil prices that high, Louisiana and Texas would probably weather the economic shock very well.
Posted by deNYEd
Houston
Member since Jul 2007
9689 posts
Posted on 6/18/14 at 12:12 pm to
quote:

Listen, I disagree with mostly everything Obama does. But the fact of the matter is the president has almost no effect on the price of gas.

No true in slightest
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 6/18/14 at 12:12 pm to
quote:

allow more drilling on US soil and offshore


there is more drilling happening on US soil now than there ever was.
Posted by GeauxxxTigers23
TeamBunt General Manager
Member since Apr 2013
62514 posts
Posted on 6/18/14 at 12:13 pm to
quote:

I can deal with the potential for floating oil in the Gulf again, if it means me not having to work, just to pay gas.



Agreed. My bank account is more important to me than a clean environment. Sorry
Posted by Thib-a-doe Tiger
Member since Nov 2012
35554 posts
Posted on 6/18/14 at 12:13 pm to
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?
Posted by dewster
Chicago
Member since Aug 2006
25425 posts
Posted on 6/18/14 at 12:13 pm to
The only time I remember gas going beyond $4.00 per gallon under the precious administration was when Hurricaine Ike nailed Houston and SE Texas.

I remember filling up for $2.00/gallon that winter. Now $3.80 is the new norm and no one complains?
This post was edited on 6/18/14 at 12:14 pm
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