Why ‘drill here, drill now’ is an economic dry hole

Can the price of gasoline be affected by the amount of oil produced here in the United States? Experts say no; logic says no; free market economics say no.

Now, thanks to some work by the Associated Press, we can now say that the historical data also say no.

The AP went back and looked at domestic oil production numbers and the cost of unleaded gasoline since 1976, which is as far back as records go documenting the cost of unleaded gasoline. It then asked several top statisticians whether they could find any correlation between the two.

In other words, is there any evidence whatsoever that domestic oil production affects the price of gasoline?

Its conclusion:

A statistical analysis of 36 years of monthly, inflation-adjusted gasoline prices and U.S. domestic oil production by The Associated Press shows no statistical correlation between how much oil comes out of U.S. wells and the price at the pump.

For example, beginning in 1986, oil production in this country began a long, slow decline, eventually dropping by a third. “But starting in March 1986, inflation-adjusted gas prices fell below the $2-a-gallon mark and stayed there for most of the rest of the 1980s and 1990s,” the AP reports. “If the drill-now theory were correct, prices should have soared. Instead they went down by nearly a dollar.”

What about the opposite? What happens when domestic oil production jumps?

As the story points out, domestic oil production has risen by 15 percent in the past three years, which is a pretty rapid rise. Yet over those three years, with new domestically produced oil surging into the market, the price of unleaded has risen from $2.07 per gallon to $3.58. Again, no correlation between domestic drilling and gasoline prices. They are completely independent factors.

As one statistician put it to AP, when U.S. production goes up, the price of gas “is certainly not going down. The data does not suggest that whatsoever.”

I understand, of course, that mere facts and data will never be allowed to interfere with a politically useful whine. In fact, whenever I hear people complain that a government or president ought to fix such things, regardless of whether it’s feasible, I’m reminded of that scene in “It’s a Wonderful Life,” in which daughter Zuzu complains to Jimmy Stewart that the petals are falling off her flower.

Little Zuzu demands that Daddy fix it, Daddy pretends to do so and all is well again in her world. The naive little daughter falls contentedly back into her bed.

In real life, though, Daddy can’t fix everything. And I confess, I do find it humorous when people who claim to need no help from government then turn around and start acting like five-year-olds complaining that Daddy won’t fix gasoline prices for them.

– Jay Bookman

1,000 comments Add your comment

Keep Up--Te gusta losing woofinpoofs?

March 22nd, 2012
8:43 am

But I am sure we will hear more about how stupid can anyone be not to comprehend the simple laws of supply and demand. :roll: If only the world were as simple as Economic 101 models. It is not.

RB from Gwinnett

March 22nd, 2012
8:46 am

Funny how you couldn’t seem to find any of those experts to quote when gas went up during Bush’s term. Or maybe they couldn’t get a word in with all the “Bush’s big oil buddies” BS being spewed daily by the left???

carlosgvv

March 22nd, 2012
8:47 am

AP did a good job in researching this and giving us hard evidence about domestic oil production and gas prices. Jay, you do know, of course, this will have no effect at all on the cons here who preach about that black Muslim Socialist Marxist anti-American in the White House who deliberately refuses to approve any new drilling because he wants us to pay more for gas. And, of course, he does these dastardly deeds in full view of us all and still expects to be re-elected. Don’t you just love Republican logic?

CHEVY runs deep!

March 22nd, 2012
8:47 am

Adam

March 22nd, 2012
8:49 am

The AP is just a liberal hack job, doncha know?

Oh, obligatory “It’s Obama’s fault” and some mention of a teleprompter or 57 states, here.

Did I cover the bases?

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
8:50 am

“But but but, Fox News told me it is all we need…..”

Steve

March 22nd, 2012
8:51 am

Kind of hard to debate these obvious facts, aren’t they? (unless you’re a brain dead partisan hack)

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
8:51 am

shows no statistical correlation

that’s where the reader’s eyes glaze over…

Penny Pincher

March 22nd, 2012
8:51 am

I certainly do not profess to understand the Oil market, but if drilling for more crude oil will not help, why are we asking Saudi Arabia to increase production? I would think we would be better off producing our own.

Paul

March 22nd, 2012
8:52 am

“domestic oil production has risen by 15 percent in the past three years, which is a pretty rapid rise. Yet over those three years, with new domestically produced oil surging into the market, the price of unleaded has risen from $2.07 per gallon to $3.58.”

That’s just because we didn’t produce enough to keep prices low, Jay. Sheesh.

There, got that out of the way.

“I do find it humorous when people who claim to need no help from government then turn around and start acting like five-year-olds complaining that Daddy won’t fix gasoline prices for them.”

Now that’s a editorial comment you won’t hear on noise radio -

It’s early, but I gotta go fix some popcorn. But just my luck, the usual suspects’ll divert before the first page is done.

Adam

March 22nd, 2012
8:52 am

Speaking of supply and demand, if it was all about the U.S., oil production is way up, demand is down. Yet prices are up. I guess if you’re anti-science and anti-using-observational-skills, you would not see how that doesn’t add up….

Peadawg

March 22nd, 2012
8:52 am

Does Mr. Moonbase, Mr. Bible-thumper, and Mr. Etch-a-Sketch know this?

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
8:53 am

beginning in 1986, oil production in this country began a long, slow decline

Umm, that’s Obama’s fault. He couldn’t find his teleprompter….

RB from Gwinnett

March 22nd, 2012
8:53 am

Defend Obama at all costs!! Right Jay?

Paul

March 22nd, 2012
8:53 am

RB from Gwinnett

“unny how you couldn’t seem to find any of those experts to quote when gas went up during Bush’s term. Or maybe they couldn’t get a word in with all the “Bush’s big oil buddies” BS being spewed daily by the left???”

So is what you’re saying is Democrats learn from the mistakes of history but Republicans don’t?

USinUK - missing the dogwoods ... not the pollen count ...

March 22nd, 2012
8:53 am

the free market is all knowing and all-powerful … except when GOPpers have to pay more … then they want the eeeeebil gummint to fix it

Doggone/GA

March 22nd, 2012
8:53 am

“but if drilling for more crude oil will not help, why are we asking Saudi Arabia to increase production? I would think we would be better off producing our own”

Because we could drill more and produce more, and the other oil producing nations could DROP their production levels to keep prices high. We have no control over what they do.

Bhorsoft

March 22nd, 2012
8:54 am

Adam, you for got birth certificate…

Adam

March 22nd, 2012
8:54 am

And I confess, I do find it humorous when people who claim to need no help from government then turn around and start acting like five-year-olds complaining that Daddy won’t fix gasoline prices for them.

And THIS, this is awesome! Well done Jay!

JohnnyReb

March 22nd, 2012
8:54 am

It has been determined we have more potential oil than Saudia Arabia. The 2% reserves Obama and others keep spouting has been blown out of the water. The Left admits the output from Saudia Arabia affects world prices. But the Left won’t admit a United States outputting more than Saudia Arabia, more than the entire Middle East can affect prices.

And BTW, the Associated Press has about as much credibility as the rest of the in-the-tank for Obama news organizations. I will give them credit for trying a little harder than most, but they still are a left leaning group who strays from the facts.

The AP study is yesterday’s news that should be ignored. The real truth here is, the problem with our high energy prices is as near as your rabbid environmentalist.

Adam

March 22nd, 2012
8:55 am

I forgot one of the bases:

“It’s ok to blame Obama because Bush was blamed!”

Good old fashioned revenge…..

ty webb

March 22nd, 2012
8:55 am

I’m kinda liking Jay’s new found even handedness regarding gas prices… I only wonder what’s causing it?

Granny Godzilla - Union Thugette

March 22nd, 2012
8:55 am

RB

I’m guessing you sopported Cheney’s energy task force.

Quick…..who was on it?

Paul

March 22nd, 2012
8:55 am

Peadawg

“Does Mr. Moonbase, Mr. Bible-thumper, and Mr. Etch-a-Sketch know this?”

I’m sure they do. Except maybe for Bible-thumper. But they do know what plays well with the base.

Jay

March 22nd, 2012
8:56 am

RB, help me out here: I thought it was off-limits to refer to anything that happened back in the Bush years, since that’s all ancient history now and he’s no longer president, etc. Has that rule changed?

Also, for the record, I never made nor accepted the argument that it was Bush’s fault, and in fact argued against trying to impose some government fix, such as releasing oil from the strategic reserve. I also don’t recall the political campaign to blame it on Bush reaching quite the media crescendo that it has today, although it undoubtedly existed.

Adam

March 22nd, 2012
8:56 am

So if you’re so concerned with how people acted when Bush was President, how do you feel about Fox saying, in 2008, that Bush had nothing to do with gas prices, but now are blaming Obama?

Hmm?

Oh, don’t worry, I DO have clips to prove that if you absolutely need them.

Peadawg

March 22nd, 2012
8:56 am

“But they do know what plays well with the base.” – That’s what I’m thinking.

Steve

March 22nd, 2012
8:56 am

JohnnyReb, do you believe the Earth is hollow, too?

Keep Up--Te gusta losing woofinpoofs?

March 22nd, 2012
8:57 am

I posted this yesterday but worthwhile to do it again:

Sen. Bernie Sanders (I-VT), along with Sens. Richard Blumenthal (D-CT), Sherrod Brown (D-OH), Ben Cardin (D-MD), Al Franken (D-MN), Amy Klobuchar (D-MN) and Bill Nelson (D-FL), unveiled legislation today that would force the Commodity Futures Trading Commission to begin limiting speculation in oil markets within the next two weeks. The CFTC was given the power to curb speculation in energy markets by the Dodd-Frank financial reform law, but has yet to begin doing so. Gas prices at the moment are rising despite the lowest demand for oil since 1997, and many experts point to excessive speculation as the cause

All of our “do something” posters should be gleeful and call their representatives to pass this bill. Please post when you do so we know that you are standing behind your demands that the government do something to fix this.

USinUK - missing the dogwoods ... not the pollen count ...

March 22nd, 2012
8:57 am

“It has been determined we have more potential oil than Saudia Arabia”

okay, I’ll play …

got any hot linkee action to prove it???

Adam

March 22nd, 2012
8:58 am

It has been determined we have more potential oil than Saudia Arabia.

“SOME people say…”

Some people say the earth is flat. I guess we better double check that!

Steve

March 22nd, 2012
8:59 am

Data and facts. Two words a right wing partisan hack can’t grasp or comprehend.

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
9:00 am

Johnny Reb, let us know what nuggets at Heritage Foundation you come up with to counter Jay’s argument. We wait with bated breath.

Paul

March 22nd, 2012
9:00 am

“The AP study is yesterday’s news that should be ignored. The real truth here is”

“Real Truth.”

As found in yesterday afternoon’s talking points memo?

Mighty Righty

March 22nd, 2012
9:00 am

Deflect, deflect,deflect. That is the white house orders to its loyalists and a tune to which Jay must march. Carried to its logical conclusion, that scarcity does not effect price, the shortage of gold and diamonds doesn’t have an effect on prices. Scarcity of housing doesn’t effect the price of housing. In fact, having a skill that is in short supply will not cause one to be paid more. Golly, I wonder why Obama asked the Saudis to increase supply or oil. I wonder why Obama is in Oklahome today to speak on how his administration has increased the supply of oil. The Associated Press by the way is merely another arm of the Obama political machine that speaks with neither knowledge nor anuthority.

Steve - USA ("None of the Above")

March 22nd, 2012
9:00 am

“But but but, Fox News told me it is all we need…..”

I find Dennis Miller funny so I tune in on Wednesday nights and Bill O’Reilly reported the same facts as Jay did about the study.

Adam

March 22nd, 2012
9:00 am

It has been determined also that the HPV vaccine causes mental retardation.

I don’t have to back that up, according to the GOP talking point rules.

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
9:01 am

Keep, good post.But will Obama play that card before the election?

Adam

March 22nd, 2012
9:01 am

Weakly Righty: Carried to its logical conclusion

Yeah, except your entire basis for arguing is completely illogical.

Jay

March 22nd, 2012
9:02 am

Ty, if you think it’s “new-found,” please document where I made a different argument earlier.

Let me help you get started:

http://www.google.com

Paul

March 22nd, 2012
9:02 am

Keep Up

They might’ve been happy to support the action, but you just had to go and post the party affiliation of the sponsors, didn’t you?

(ir)Rational

March 22nd, 2012
9:02 am

I would say the correlation is actually in the opposite. Not that drilling more causes prices to go down, but that rising prices causes more drilling. As it becomes more profitable to drill, companies are going to spend more resources drilling.

Steve

March 22nd, 2012
9:03 am

Mighty Righty – housing prices are not “global.” Oil, which is a global commodity, is. Please- go finish the 7th grade, will ya?

Mick

March 22nd, 2012
9:03 am

rb

Mea culpa, I was always harping about the connection to oil prices and bush, I was dead wrong. If there is one truth in all this it’s that the oil companies and speculators are more powerful than the president of the united states, they can yank our chain at will…

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
9:03 am

I wonder why Obama is in Oklahome today to speak on how his administration has increased the supply of oil

To try to explain stuff to the Fox News crowd. I know, it’s pointless….but he has to try to edumicate the masses.

Keep Up--Te gusta losing woofinpoofs?

March 22nd, 2012
9:04 am

Finn, we can only hope. But I understand that in a new program created by the Right, if someone makes a “joke” about you, the President is suppose to call and apologize. No other requirements, no public figure, semi-public figure considerations. I’ll ask when I get my call. :D

Grasshopper

March 22nd, 2012
9:05 am

So does that mean that trillion dollar wind farms and solar panels will have zero effect on gasoline prices? Then why spend all of the money on them?

Keep Up--Te gusta losing woofinpoofs?

March 22nd, 2012
9:05 am

Paul, what? You mean that party affiliation would impact how they view this pending legislation? I am shocked!

Adam

March 22nd, 2012
9:05 am

I love the whole “new found” argument. All it really shows is that cons want to turn this into a revenge thing. Bush got blamed, so now Obama has to get blamed. Who cares if it was false both times? The media, to be BALANCED, has to LIE now in order to maintain that balance since they lied when Bush was President. But it’s ok for Fox to LIE now when they didn’t lie about this issue before.

Double Standards: It’s what’s for con breakfast this morning.

Seriously though why is there so much outrage now over the media telling the truth about this issue? The media is not in the business of making anyone less butthurt over attacks on their heroes.

Paul

March 22nd, 2012
9:05 am

Mighty Righty

“That is the white house orders to its loyalists and a tune to which Jay must march.”

Republicans say answer to rising US gas prices is to drill more.

Jay references AP study showing no correlation between domestic production and domestic prices.

Just how is that a deflection?

Peadawg

March 22nd, 2012
9:05 am

Not much to debate here…hopefully.

See y’all on the next blog!

JohnnyReb

March 22nd, 2012
9:06 am

Energy Industry Accuses Obama of Misleading Public About Extent of Untapped Oil Resources

By Jim Angle

In almost every energy speech, President Obama makes this statement: “We’ve got 2 percent of the world oil reserves. We use 20 percent.”

But there’s more to those numbers than meet the eye.

“It’s accurate but extremely misleading,” says Dan Kish of Institute for Energy Research, which is supported by the industry. “What he is talking about is oil we already have found.”

Misleading, he argues, because the president is pointing to “proven” reserves, which is some 21 billion barrels, but the U.S. is sitting on vast reserves of untapped energy that are far greater.

One federal agency says there’s 10 times more — 219 billion barrels more –, in what is called “technically recoverable” energy.

Another agency in the Energy Department says there’s 20 times that much, or 400 billion barrels more, and some in the industry claim there’s 60 times that amount, meaning some 1.4 trillion barrels in untapped resources.

That’s energy the government knows we have but that has not yet been drilled for. Industry experts argue it’s there for the taking.

“The trillion-plus barrels of oil in this country, more oil than in Saudi Arabia, is not counted by the president, and I think that’s misleading the American people,” John Hofmeister, the former president of Shell Oil, said.

With those kinds of resources, the U.S. could continue at its current consumption rate for 200 years without any imports, Kish of IER said. “And add Canada and Mexico? The numbers go off the chart.”

Jay

March 22nd, 2012
9:07 am

I will give them credit for trying a little harder than most, but they still are a left leaning group who strays from the facts.

So Johnny, please specify: What “facts” have they strayed from?

Since you’ve made the charge, surely you have an example right at your fingertips of “facts” they got wrong ….

Talking Head

March 22nd, 2012
9:08 am

it’s pretty simple

weaking dollar = paying more for the same amount of goods or paying more for gas in this case

stronger dollar= gas prices go down

that’s probably not going to happen anytime soon since we keep printing money and the Fed is in talks of another ‘easing’…more inflation to come

barking frog

March 22nd, 2012
9:08 am

What can President
Obama fix?

Adam

March 22nd, 2012
9:09 am

Grasshopper: So does that mean that trillion dollar wind farms and solar panels will have zero effect on gasoline prices? Then why spend all of the money on them?

Gas prices will continue to rise, but we will use less of it. Thus reducing our overall cost, and our overall demand, while the world demand goes up and up. Not hard to figure out, dude.

Steve

March 22nd, 2012
9:09 am

Wow, I love the strawman arguments that get thrown up in here too. For example, how does this debate relate to wanting to rely on wind and solar? If we are using wind, nuclear, solar…we are not using oil. We are not buying oil.

durrrr

RB from Gwinnett

March 22nd, 2012
9:09 am

Jay’ the comments aren’t blaming Bush for anything as Obama is so fond of doing, they’re a commentary on YOU!

” I never made nor accepted the argument that it was Bush’s fault,”. And you never swooped in in your usual seagull fashion to correct any of your useful idiots either, did you? You were a willing participant in all of that rhetoric, Jay, and to now claim you aren’t responsible is BS. You own it.

Mighty Righty

March 22nd, 2012
9:10 am

Obama again yesterday tied flat earth belief to Christopher Columbus. Obama should fire his speech writters. His teleprompter is misleading him. At the time of Christopher Columbus, very few if any people believed the earth was flat including old Christopher.

Stonethrower

March 22nd, 2012
9:10 am

Cancel the summer vacation Margo. Can’t afford to go anywhere except the back yard but food prices are going to increase also so we’ll have to just sit in the shade and wish.

Paul

March 22nd, 2012
9:10 am

Grasshopper

“So does that mean that trillion dollar wind farms and solar panels will have zero effect on gasoline prices? Then why spend all of the money on them?”

I believe one of the main reasons is so we aren’t reliant on oil from a region of the world that costs us trillions of dollars and many lives. I don’t think I’ve ever heard anyone make the case that using more non-oil energy will reduce oil-based energy prices.

Simple Truths

March 22nd, 2012
9:11 am

I thought the headline was talking about being married…

Steve

March 22nd, 2012
9:11 am

Mighty Righty – you do realize that ALL politicians. I repeat – All – including Reagan and even Miss Alaska, use teleprompters.

durrrrrrrrrrrrrrr

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
9:11 am

“It’s accurate but extremely misleading,” says Dan Kish of Institute for Energy Research, which is supported by the industry.

Oy, this is what teh Cons totally miss: ” Institute for Energy Research, which is supported by the industry”

JohnnyReb

March 22nd, 2012
9:12 am

Jay, I’m not debatting the AP study but do dispute the conclusions from same – we are helpless. BS.

As to their credibility, my belief of AP is based on story after story where the reporter is obviously a liberal where his/her idiology has skewed the way the piece is written. I don’t expect you to agree, because you are one of them.

Don

March 22nd, 2012
9:12 am

A nice chunk of our increased production is BECAUSE the price of oil is high. It costs quite a bit to get that Bakken oil out of the ground. If oil was much cheaper, you couldn’t afford to increase production of hard-to-get oil.

It’s not quite like Mr. Newt said this AM on NPR. He compared oil to natural gas, correctly explaining that increased production of natural gas has dropped prices. Trouble is, the market for national gas is national, not global. Small detail for a politician, I suppose.

You CAN produce gasoline by reforming natural gas, but you couldn’t get it to market at a competitive price. Same thing for using coal to make liquid fuels for transportation.

Given our supplies of coal and natural gas, we could become completely energy independent, but we wouldn’t like the price we’d have to pay for gasoline.

BlahBlahBlah

March 22nd, 2012
9:12 am

For the 100th time, I’m amused that this staunch defense of 1600 Pennsylvania Ave. didn’t happen when Nancy Pelosi was blaming “oil guys in the White House” a few years back.

Hypocrites, all of you. Both sides. Wish you all would shut up.

(ir)Rational

March 22nd, 2012
9:12 am

Simple Truths – You owe (I’m going to guess) several people some screen cleaner. Starting with me.

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
9:13 am

Obama should fire his speech writters.

Maybe he should hire your writters?

Adam

March 22nd, 2012
9:13 am

At the time of Christopher Columbus, very few if any people believed the earth was flat including old Christopher.

And I’m so sure that when people look back on things like the global warming debate, after we’ve finally agreed on the fact that it exists and hopefully fixed the problem, that we will find people saying “Well you see, at the time very few people believed that global warming wasn’t real.” Nevertheless, the greatest country in the nation has its hands full with round earth deniers, oh excuse me I mean climate change deniers.

And yet, it warms….

JohnnyReb

March 22nd, 2012
9:13 am

I have work to do, but do have one parting comment for now.

You Moonbats are correct, Obama can’t do anything about energy prices. Except continue to make them worse. Everything he touches turns to crap.

Doggone/GA

March 22nd, 2012
9:14 am

“So does that mean that trillion dollar wind farms and solar panels will have zero effect on gasoline prices? Then why spend all of the money on them?”

Ummm…last time I checked we don’t use gasoline to run power generation systems.

ty webb

March 22nd, 2012
9:14 am

Jay,
okay..maybe “new fouded even handedness” was inaccurate, sorry…what I should’ve said is “new found zeal for defending the throne against unfair political attacks regarding gas prices”…I still like it though, despite “Google” not having any proof of you writing about it multiple time in defense of Bush. Just wish you were a little more generous with your thoughtful, logical, well reasoned defense of presidents…but I guess you have to pick your battles.

getalife

March 22nd, 2012
9:14 am

cons are a one trick pony.

Adam

March 22nd, 2012
9:15 am

I’m not debatting the AP study but do dispute the conclusions from same

“I see your facts and raise you an “I’m NOT LISTENING LALALALALALALALA”"

Paul

March 22nd, 2012
9:16 am

JohnnyReb

“President Obama makes this statement: “We’ve got 2 percent of the world oil reserves. We use 20 percent.”

But there’s more to those numbers than meet the eye.

“It’s accurate but extremely misleading,” says Dan Kish of Institute for Energy Research, which is supported by the industry. “What he is talking about is oil we already have found.

Misleading, he argues, because the president is pointing to “proven” reserves, which is some 21 billion barrels, but the U.S. is sitting on vast reserves of untapped energy that are far greater.”

I heard the same thing on Fox News last night when the oil industry (past head of Shell and the guy who heads the professional association) were given the chance to make their case.

I thought then how funny it was “Proven reserves” are reserves we’ve found. Yet unproven reserves are not oil we haven’t found? It’s oil we’ve found but haven’t started recovering?

All you have to ask, JohnnyReb, is if those unproven reserves are there for the taking, then why haven’t oil companies begun drilling on federal lands for all those unproven reserves they hold permits for?

Granny Godzilla - Union Thugette

March 22nd, 2012
9:16 am

Wonder why the energy industry would “Accuses Obama of Misleading Public About Extent of Untapped Oil Resources”?

MMMMMMMM

What a fracking laugh.

(ir)Rational

March 22nd, 2012
9:16 am

Adam – One warm winter does not global warming prove. Just sayin.

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
9:16 am

We have 4 more years of an angry Johnny Reb to put up with?

Guess so.

Adam

March 22nd, 2012
9:17 am

JohnnyReb: my belief of AP is based on story after story where the reporter is obviously a liberal where his/her idiology has skewed the way the piece is written

Proof please

Mick

March 22nd, 2012
9:18 am

**Everything he touches turns to crap.**

No, the previous guy had the crapper touch, obama is just trying to clean it up but unfortunately the pile that was left on his doorstep was of olympian proportions…

Granny Godzilla - Union Thugette

March 22nd, 2012
9:18 am

unproven reserves…another unknown unknown

GOP is at least consistent.

BlahBlahBlah

March 22nd, 2012
9:18 am

Google also doesn’t show much defense of Bush by CNN’s Fareed Zakaria. But now? OMG Republicans are pandering. Then? Silence.

Another hypocrite, right up there with Gingrich and his bogus $2.50 gas claims on the other side.

Adam

March 22nd, 2012
9:18 am

Hypocrites, all of you. Both sides. Wish you all would shut up.

“Don’t tell the truth NOW! It’s not faaaaair! And I don’t like the guy in office so I want you to blame him for stuff that MY HERO got balmed fooooor! (whine)”

Paul

March 22nd, 2012
9:19 am

JohnnyReb

Followup: those guys who were guests on Fox: if I represented an industry who received $4 billion a year in tax breaks and subsidies, I’d sure do everything I could to cast doubt on the president who wants to take away the cookie jar -

Adam

March 22nd, 2012
9:20 am

(ir)Rational: Adam – One warm winter does not global warming prove. Just sayin.

No, but a NASA study does prove it:

http://content.usatoday.com/communities/greenhouse/post/2012/01/nasa-global-warming-caused-mostly-by-humans/1

Not only is it real, but humans are mostly the cause. As in MEASURABLY mostly the cause.

BlahBlahBlah

March 22nd, 2012
9:20 am

Adam = just another hypocrite.

St Simons - the real life Andy Dufresne

March 22nd, 2012
9:21 am

I wrote this before when I first came on here a year or two ago, but this
article is a perfect metaphor of what mrsstsimons & me have learned

This is not a political divide that we have in this (the rest of the planet has
mostly evolved past this) country, but a psychological one, and that’s
why it won’t be solved politically, its a psychological divide in Amerkan
culture. The mrs is now in administration (from clinicals in abnormal
psychology), but she sees it more & more every day.

It’s the separation of the culture between the narcissists/sociopaths &
the empaths, or more human subgroups.
We all go through a narcissistic period in childhood, like the little
girl in the story. It’s part of an undeveloped psyche. Those stupid
Ayn Rand novels play on this simple, narcisstic psyche.
Most of us grow out of it, but a growing number of Amerkans have
a stunted psychological growth that leaves them in this stage
into their adulthood, which becomes dangerous, particularly if
the psychosis becomes collectively “socio” hence the term
“sociopaths.”

The hard part is, once these people reach their 30’s or so, its almost
impossible to convince them they’re damaged, they could be (are) wrong,
“it takes a village”, “we’re all in this together”, “our civilization will be
judged on how we treat the least of us” – simple concepts that are
part of a more developed frontal lobe psyche.

I don’t know what to do, and the medical community is really grappling
with it right now, too. But I know that arguing politics with them does
absolutely no good, they don’t get it because they don’t have the tools.

If any of you can figure out how to help Them, there’s a billion dollars
waiting on you in this field of study.
Have a Good Day, its tax season, and Amerka (all of us) is back.

getalife

March 22nd, 2012
9:21 am

The President is tossing the kitchen sick at energy like he did for the w collapse.

He will approve the pipeline but still not good enough for our lying cons.

Steve - USA ("None of the Above")

March 22nd, 2012
9:21 am

How much higher will gas have to go before the War on Success starts a campaign to have people pay for gasoline based on their income?

It has to be unfair that some people can buy electric cars and other people can’t.

(ir)Rational

March 22nd, 2012
9:22 am

Adam – I see your study and I raise you a “they’re biased a full of sh*t.” :)

Adam

March 22nd, 2012
9:22 am

BlahBlahBlah: Prove it

Joseph

March 22nd, 2012
9:23 am

Why ‘drill here, drill now’ is an economic dry hole… LOL….

Why ‘drill here, drill now’ is a political win for the Republican Party. Most sensable folks realize that if you produce more of something that it would cost less. Another simple thought is that the radical environmental movement is a huge wing of the demorat party and could care less that Americans are struggling with high energy costs.

Mighty Righty

March 22nd, 2012
9:23 am

Steve, you apparently are not aware that housing in THIS country has lost more thsan twenty percent in value because the market is flooded with additional housing due to the mortgage problems. Supply and demand.

Adam

March 22nd, 2012
9:23 am

(ir)Rational: Adam – I see your study and I raise you a “they’re biased a full of sh*t.” :)

:lol:

You know it’s funny, but not even the die hard cons took that bait the last time I brought this up. It gave me a little bit of hope :)

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
9:25 am

have people pay for gasoline based on their income?

Hey, good idea….

mm

March 22nd, 2012
9:26 am

getalife

March 22nd, 2012
9:26 am

I submit cons are knee jerk cons.

Anything this President does their knee jerk reaction is to attack.

Don’t think, just a knee jerk attack.

Adam

March 22nd, 2012
9:26 am

SPeaking of housing problems, I have been trying to track down a house for rent for months. And in a market that is supposedly “flooded” with such things.

Mostly when I respond to ads I get “I am out of the country and won’t be back for two years. I’ll send you the keys after you fill out this form (that I can use to steal your identity). Thanks!”

Finn McCool (Class Warfare === Stopping Rich People from TAKING MORE of OUR MONEY)

March 22nd, 2012
9:26 am

the market is flooded with additional housing due to the mortgage problems

the banks are about to remedy some of this problem….