Gas prices are up! Where's the outrage?

Really? I dont thinks its anything like that. I mean this happened in 20th century America, not 500 B.C. Italy. There was electricity and telephones and trains. Not really all that much different than now, wouldnt you say? Probably not. So forget that. I'm sure there were people way way way back in 9010 who thought those conditions were barbaric and tried to change them, but were met with the same ''oh boo hoo too bad'' crap that I commented on. Maybe you can tell me how a corporation in the early 1900's(not an entire form of government like aceint Rome)that did things legally no matter how ethically repulsive, is differnet from a corporation that does things legally no matter how ethically repulsive today.

 

Gas prices continue to rise...any word on what BO has in mind (other than checking everyone's air pressure) to help curb this looming catastrophe?

 

Stupid

 

Of course he is but as Prez he still bears some responsibility, doesn't he?

 

Why should he bear any responsibility to do anything at all about gas prices? The market is working as intended. No need for the government to step in and mess up a good thing.

 

That is stupid. The continued recovery of our fragile economy is dependent upon stable reasonable oil prices. High gas prices is certainly not a "good thing." Having said that, there is very little that the sitting President can do to influence short term oil prices. But the President can drastically affect prices 10 years from now with his drilling policies.

 

Do we need a bailout for gas prices now? Geeez. Let the market determine today's prices like it should. If they are high, they are high because the market has determined they should be high. Don't like it? Tough. Can't afford it? Get a different job or get a second job. You liberals always wanting to mess with the market to 'help' our economy just make me want to throw up.

 

I am a firm believer in "Let the market determine today's prices like it should", but there are two sides to statement - demand and SUPPLY. How about letting them drill where they want also?

 

That doesn't have much of anything to do with the price of gas today that is being whined about.

They aren't drilling everywhere they can now anyway but sure, open it all up. It all will be eventually anyway. It is inevitable. But it won't do anything to the price we are paying now. That price is exactly where it should be.

 

You mean they are not doing what BO promised they were going to do? They aren't doing what Bush want them to do (maybe a bit late, but...)?

BTW, oil prices go up, food prices go up (tractors run on?), car prices go up (how much plastic is in the car?), air fares go up, plastic goes up (what isn't plastic today?), etc. That sounds a lot like inflation or maybe stagflation.

 

Gas prices at the pump are a cost escalator for our entire economy or don't you remember that from a few years ago?

 

From 2008:

THEN-SEN. HILLARY CLINTON: Elect Democrats in November, if you don't like these outrageous gas prices, if you feel that the oil companies have been given a free ride by the president and the vice president, vote for Democrats who will vote for changes in our energy policy.

NANCY PELOSI: The price of oil is at the doorstep; $4-plus per gallon for oil is attributed to two oilmen in the White House and their protectors in the United States Senate.

 

Can't get a second job, because 20% of the population doesn't have a first job. Companies won't hire new employees because they need to reduce labor costs because other costs are too high, namely health care and oil. Obama caused the increase in health care costs and doesn't care about the cost of oil.

And just who the are you calling a liberal. You must have me confused with academia boy!

 

What will that do? The price of a barrel of oil is less now than three years ago. How would allowing them to drill where ever they want lower gas prices? If Chevron was to drill oil in the middle of Dallas and reap a million barrels per hour; do you think their gasoline would go down to one dollar a gallon?

 

It would take more than Chevron's capability to handle, but finding the oil and allowing them to refine it without taxing the gas to death and, yes, it could easily go to $1 or less.

 

Yeah it could. But youre paying four now. Why would they take a loss? How about if they found oil across the street from your house? That be ok with you?

 

Oh, how quickly we forget. Do you remember what brought gas prices down the last time? The country's outrage hit the point where people were demanding "Drill, baby, drill" and there was emphasis put on alternative fuels...people were on waiting lists for scooters? When the oil producers feel the DEMAND for their product is threatened, that's when the price comes down. What we have now is a "leader" who vilifies our natural resources...oil companies are bad guys, coal causes asthma and so one. The oil prodcuers can rest comfortably knowing BO will do nothing to help us out of this mess. Heck, BO's already on record as saying $4/gal gas is what he believes we need.

 

BTW, they have already found oil under my house and you need to learn some economics.

 

So what does a President have to do with economics? Economics would go on without a President. And I never mentioned oil under you house. You need to learn how to read. You say its taxes, then its the outrage of people then, its a President.
Yeah, like you know what you're talking about. You have the answer to high gas prices. It's a simple supply and demand, according to you. I say its a bit lore complicated than that. But you have the answers not me.

 

You are correct without a president, but that does not mean they will go on with a president. Part of what it take is the government to allow them to proceed. Do you really think that is what is happening - as in cutting off the oil supply etc.

And just who said you said anything about oil under my house. Not I! What you did say was "How about if they found oil across the street from your house?" I one upped your statement

I assure you that you do not have the answers. You have just proven that you cannot read and that you do not understand economics.