Lower oil prices ease load on consumers and Obama
Oil and gasoline prices are sinking, giving relief to businesses and consumers who a few weeks ago seemed about to face the highest fuel prices ever.
Join the discussion below, or Read more at Belleville News Democrat.
“Proud To Be An American”
Since: Apr 07
#1 May 16, 2012
The anti-Americanism lord marshal b. h. obama and his despicable democRat ilk are sinking faster than the Titanic...
Yes We RepubliCan!!!
#2 May 16, 2012
Thank goodness Obama was able to use his
Executive Power as
Commander in Chief
to lower gas prices for all Americans....
“Proud To Be An American”
Since: Apr 07
#3 May 16, 2012
When a nitwit thanks the lord marshal b. h. obama for lowering gasoline prices it's like thanking someone who burglarized your home.
#4 May 16, 2012
Please explain just when, and how, Obama used his executive powers to lower the price of gasoline.
About the only thing Obama has succeeded in lowering since he took office is America's credit rating, the number of people employed, the number of people that should be deported and America's credibility abroad.
#5 May 16, 2012
Gas prices have risen 40 cents in less than 2 weeks where I live. What the hell are they talking about?
#6 May 16, 2012
its a literary device
Having to explain it kinda takes the fun out of it.
Remember how the Frightwing was all in a lather
that Obama should lower gas prices?
Gas prices are now down. so Obama gets the credit, right?
Also, if you can remember that far back,
the AAA credit downgrade was the direct result of the
Teabagger controlled House'e REFUSAL to even engage in a meaningful
dialect regarding a budget compromise.
Just like they're about to do again.
#7 May 16, 2012
You are absolutely clueless.
But Obozo could use his authority to lower gas prices. How? By issuing a moratorium on all gas taxes. That would cut the price of gas almost in half overnight.
But Obozo won't do that of course. Gubment makes several times more tax-profits per gallon of gas than those evil oil companies make in profits.
Gubment is the ultimate corporation...and Obozo is the CEO...his product is America's destruction.
#8 May 16, 2012
Yes, sarcasm is a literary device that rarely ever comes across as such on Topix. It works much better when speech inflection gives it weight.
Perhaps the Dumbocrats refusal to pass a budget for 3 years running had something to do with the credit downgrade, don't you think? Or are you not capable of remembering that far back?
Gas prices down? Perhaps a few cents per gallon, but they are still twice what they were when Obama took office.
Obama is as much of a president as he was an Illinois legislator.
Just so there is no misunderstanding..... no sarcasm there.
#9 May 16, 2012
The Green River Formation, a largely vacant area of mostly federal land that covers the territory where Colorado, Utah and Wyoming come together, contains about as much recoverable oil as all the rest the world’s proven reserves combined, an auditor from the Government Accountability Office told Congress on Thursday....
The GAO testimony said that the federal government was in “a unique position to influence the development of oil shale” because the Green River deposits were mostly beneath federal land....
“USGS estimates that the Green River Formation contains about 3 trillion barrels of oil, and about half of this may be recoverable, depending on available technology and economic conditions,” Mittal testified.
In her written testimony, Mittal noted that three-fourths of the Green River shale oil is under federal land.
#10 May 17, 2012
Try DEMONcRATs on RePUKElieCANs (leaders and thier minions)- No longer a bi-partanship but a corrupted bi-PArtisanShop-of-horrors really both are party of "ONE" BAsed On Greed and Power , really a political criminal Syndicate --- Time to get off the smelly bandwagon ! GO Independent!
On if you Knew as most are clueless still voting for same two evils over and over both took our America into hell hole! Can you here cry from hell, our founding father are rolling in their graves!
To cry or laugh?
<SPIT SPIT SPIT>
#11 May 17, 2012
Not For Long....The Saudis are NOT pumping as before.....Soon it gets to be 120 DEGs in that Hell Hole....They use OIL for power for their AIR CONDITIONING...That Huge amount comes off the world market....This Driving the cost of a barrel up.
Here in the US the Blend now changes...With the FIASCO of LOONY Ethanol....CORN,FOOD out of the exhaust pipe makes all food prices go up..
Its a Fact ,Ethanol damages engines,and does not give good gas mileage....ethanol is a JOKE!
Recently known is,...Some American States ,under there feet have more Oil than the whole world combined....But LOONS,OBAMA,ASS HOLES are Against ANY Drilling
They remind me of those Religious NITWITS who ban Blood Transfusions......The rather see a loved one die,rather than get blood.....Looks like LOONS TODAY....The NITWITS rather see America Dry Up And Die!Rather then GET THE DAM OIL!......YUCK!!
#12 May 17, 2012
Or it could have been the Frightwings relentless re-presentations
of unpassable, unrealistic, corporate welfare/austerity measure budgets?
Gas in CO on 1/22/2008 was $2.95/Gal so to say it's doubled is a strech, at best.
($3.49 when I left last week)
This Administration and the 112th Congress has been a jaw dropping dissapointment.
I don't see that changing regardless of the outcome of the 2012 election.
#13 May 17, 2012
Maybe Shell's experts working in-situ and underground can discover how to heat rocks in place and pump oil up through shale. I wish them luck. The oil shale reserves in Western Colorado represent the largest concentration of hydrocarbons in the United States, yet to date no technology has made oil extraction from shale economically and environmentally feasible. Let's wait for a proven technology that does not squander water, pollute the air, and threaten wildlife and archaeological sites. The Old West was boom and bust. The Next West must embody environmentally and socially responsible energy development.
#14 May 17, 2012
The current Federal gas tax is $0.18.4/Gal
State tax avgs $0.50/Gal
Suspending both those would save you +/-$0.70/Gal
The last time CO voters wisely decided to let out-of-state energy companies make off with our
Oil & Nat Gas w/o taxing them, CO Road & Bridge came up
short on funds.
The reaction was to raise vechicle registrations 300%
#15 May 17, 2012
Gas prices rise over $1.00 more per gal then go down $.50 and everyone is happy gas prices are down?!?!?!!? Really? Are we that gullible?
I know in Jan 2009 gas prices were $1.84 p/g and now they are $3.60+ Hello!! To me that's DOUBLE the price in just 3 1/2 years!!
Gas prices are up.
Food prices are up.
Electicity prices are up.
Water prices are up.
Wages are DOWN.
Employment participation rate is down to 1981 levels.
We no longer count American citizens who have dropped off the unemployment benefit lists as if they don't even exist anymore!
Are you better off then you were before Jan 2009? I'm not!!
#16 May 17, 2012
Most industry insiders agree,
The Oil Corps have got us used to paying
We'll never see gas for less than $3.00/Gal in our lifetime.
Wait til you see what 'Big Bussiness" is gonna do to water!
Since: Jul 11
#17 May 17, 2012
Wait til you see what "Big Government" is gonna do to taxes!
#18 May 17, 2012
#19 May 17, 2012
You mean "Big GOVERNMENT"? Once they strap us with all their regulation to make their enviromental nutjobs happy we'll be lucky to afford to DRINK water.
Remember what Obama said (HIS OWN WORDS!!). Under my plan electricity prices will NECESSARILY skyrocket!
#20 May 17, 2012
The Democrats had control of both houses of congress for 2 years and still couldn't pass a budget.
Gas was $1.62 here when Obama took office. It is $3.35 now, down from $3.89 two weeks ago.
I agree that there is little expectation of change after the election.
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