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

saywhat?

March 22nd, 2012
4:07 pm

While I can’t speak for anybody other than myself, I am fairly certain that most of the left wing criticism of Bush in regards to energy had less to do with the price of gas, and much more to do with his energy policy as a whole, including the behind-closed-doors Cheney task force. There were no plans for alternative energy sources, only drill drill drill. There was no talk of ending subsidies and tax breaks for oil companies. There was no input accepted from those with environmental concerns. The fact that both Bush and Cheney were formerly involved in Big Oil, demonstrated interest ONLY in what Big Oil had to say about US energy policy certainly gave the appearance of collusion.

(ir)Rational

March 22nd, 2012
4:07 pm

Common Sense – Eh, let’s just be sure. Send him to China, they’ll give him to North Korea if they don’t like him. :)

Doggone/GA

March 22nd, 2012
4:07 pm

“why is that no one from the AJC has not written an artticle, editorial or allowed a discussion ”

blogspot.com is ready when you are

William

March 22nd, 2012
4:10 pm

“The experts in climatology. They have consistently poll above 90% and as high as 98% when asked if mankind contributes to global warming.”

It would be surprising if mankind were NOT contributing to global warming, I think. It seems reasonable. But that cannot be proven and we cannot know from the evidence how great that “contribution” might be. There are a lot of unknown variables, such as the effect of the sun, and we know as a matter of fact the the earth has gone through warming trends before without our help. So again, we should transition off from oil to some as yet unknown energy resource for several very good reasons – not the least of which is breaking our dependency upon the Arabs.

TaxPayer

March 22nd, 2012
4:10 pm

Apples = Healthcare

Apples ≠ Oranges

Apples = Commodity

Healthcare ≠ Commodity

∴ Oranges ≠ Commodity :lol:

Hey, it makes as much sense as Republican’s explanations of supply and demand or climate change.

godless heathen©

March 22nd, 2012
4:11 pm

rivercard,

It was the libedumbs that were arguing with Chris, not the conservadums.

JamVet

March 22nd, 2012
4:12 pm

Breaking news. (That someone needs to fix.)

Sanford police chief ‘temporarily’ steps down

Sanford Police Chief Bill Lee said he must “temporarily remove myself” from duty, a day after the City Commission voted 3-2 in favor of a nonbinding measure of no confidence in him.

“My role as the leader of this agency has become a distraction from the investigation ….” Lee said during a news conference.

Lee had come under fire following concerns that his police department did not adequately handle the fatal shooting last month of 17-year-old Trayvon Martin.

http://news.blogs.cnn.com/2012/03/22/sanford-police-chief-temporarily-steps-down/?hpt=hp_c1

I have a feeling that the Florida Attorney General is going to get involved. Very involved.

Chris

March 22nd, 2012
4:13 pm

Nice try Contrarian, but this little internet blog thing actually records what I posted. And you’ll see I never posted any such thing comparing oil to healthcare. My argument all along is that healthcare is a commodity, as defined by the definition you provided. I’ve been consistent all along in what I consider a commodity, and haven’t tried to parse my posts after the fact like Butch Cassidy.

Contrarian
March 22nd, 2012
4:05 pm

Actually, Mr. PhD, this whole thing got started when you said that oil and healthcare are both commodities.
______________________________________________________________________

Chris
March 22nd, 2012
2:13 pm

Butch Cassidy
March 22nd, 2012
2:08 pm

Chris – “Hey, if they can do it for health care, why not energy?”

Because oil is a commodity and Healthcare isn’t. As to your TARP and GM References, there is a HUGE difference between bailing out and owning outright. Unless you can show us proof that the US Government is setting the price for cars made by GM?

______________________________________________

Healthcare isn’t a commodity? Since when? Last time I checked, it was a service provided by individuals trained to administer equipment, drugs etc. to its customers, who then paid for the services they provided. An exchange of goods/skills/services for currency.

Common Sense isn't very Common

March 22nd, 2012
4:15 pm

Global warming is real I tells ya. It’s 83 degrees in Cleveland OH today.

It’s still supposed to be ass deep in snow here :-)

rivercard

March 22nd, 2012
4:16 pm

Godless- If that is correct then I have revealed my own innate bias and I apologize to conservadums everywhere. I will have to check the other posts of Contrarian and Butch to confirm their political leanings.

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

March 22nd, 2012
4:17 pm

Conservatives didn’t know those science and math books they were given back in grade school could actually be opened.

Don't Forget

March 22nd, 2012
4:17 pm

Chris

March 22nd, 2012
4:04 pm

This whole thread got started when Contrarian said healthcare is not a commodity, which he just stated again. I never compared it to oil, oranges, apples, or wheat.

This blog has turned into a Monte Python routine:
http://www.youtube.com/watch?v=kQFKtI6gn9Y

(ir)Rational

March 22nd, 2012
4:18 pm

rivercard – Actually, it was kinda (at one point) everybody that was arguing with Chris. Mostly the more left leaning, and those (like myself) that dislike stupid no matter where it comes from.

Butch Cassidy

March 22nd, 2012
4:19 pm

rivercard – ” I will have to check the other posts of Contrarian and Butch to confirm their political leanings.”

I’ll save you the time. I voted GOP from 1981 to 2004. Since then I haven’t participated at all due to the lack of credible candidates from either side.

William

March 22nd, 2012
4:20 pm

“In fact while I disagree with you on some posts I have seen. You seem to be well reasoned and open to listening and having a discussion.”

Rivercard, I think it is important to have beliefs and convictions and to defend them. But, at the same time, a good dose of humility – the willingness to admit at least the possibility you could be wrong – would go a long way to bridging the ideological divide. It is human nature to think one HAS to be right, instead of merely feeling one is. We all tend to defend our beliefs like we defend our home. Some may be worth defending that way, for two people on opposing sides cannot both be right (though they may both be wrong). The question is this: what hill are you willing to die upon? Unfortunately, I think many here are willing to die on molehills.

Chris

March 22nd, 2012
4:20 pm

Butch Cassidy – Since then I haven’t participated at all due to the lack of credible candidates from either side.

There’s something I can agree with you on.

Bernie

March 22nd, 2012
4:21 pm

Keep Up–Te gusta losing woofinpoofs? @4:06 pm, Yes I did and that article was very late in reporting as well. For a publication as old with the size and reach of the AJC its a reflection of poor Journalism and insenstivity to its readers.

I would say to have only one article reported since it happened demostrates their non caring attitude to their readership in Georgia, the Atlanta community and its many other followers. The management of AJC is still holding on to their racist attitudes in their reporting since its very inception in Atlanta. The editiorials and articles that are printed here daily reflects that in no uncertain terms.

William

March 22nd, 2012
4:26 pm

“Conservatives didn’t know those science and math books they were given back in grade school could actually be opened.”

Liberals treats academics like the priesthood, supposing that everything written in textbooks (by whom whoever knows) and said by teachers or professors is the new gospel, exchanging one religion for another.

TaxPayer

March 22nd, 2012
4:26 pm

I thought cons learned all they needed to know about math from the bible. At least that’s what scout has led me to believe with his lengthy past dissertations on how he had trouble going around in circles until he read about how it takes about 3.14159 feet to make it around a pi that is one foot in diameter.

Tom Middleton

March 22nd, 2012
4:26 pm

Well, there it is, Jay – the last legitimate campaign issue the Republicans will have saying goodbye. All they have left now are lies, lies, and more lies – seen Rove’s latest? – and all we have to do is correct them one at a time or en masse when there get too many for special consideration.

And since Mitt Romney is a de facto lie machine anyway – his speeches are full of them – well, here’s hoping Republicans will keep a healthy stock of crying towels on hand for the duration. They’re going to need them starting just about…NOW!

Here we go!

March 22nd, 2012
4:28 pm

This is really funny! We started off with a discussion on oil and wound up with apples, oranges, healthcare, and name calling. Are all of you congressman that have made up names?

Keep Up--Te gusta losing woofinpoofs?

March 22nd, 2012
4:32 pm

Bernie, you have gone from a claim of no “article, editorial or allowed a discussion” to being shown that there is at least one. I dont really care to fact check your claim further. So far you have failed to show any credibility so why should I believe your assessment. I can assure you that on a regular basis Ms. Tucker, who left in the past year, and Jay are regularly called racists for pointing out racial issues (you may even want to see some of the claims last night against Jay).

Don't Forget

March 22nd, 2012
4:32 pm

William

March 22nd, 2012
4:20 pm

Very good post.

William

March 22nd, 2012
4:32 pm

“And since Mitt Romney is a de facto lie machine anyway – his speeches are full of them – well, here’s hoping Republicans will keep a healthy stock of crying towels on hand for the duration. They’re going to need them starting just about…NOW!”

Wow…a “defacto lie machine”…nice juxtaposition of words, even if they don’t make much sense. Why not stick with standard hate phrases like “imperialistic pig” or “rich whitey”?

JOE COOL~DoWnToWn THUG

March 22nd, 2012
4:34 pm

Bernie

March 22nd, 2012
4:21 pm

Now Bernie……..the AJC HAS covered the story from a news perspective. In my opinion, from the past, JAY usually writes an editorial when ALL the facts come to light. This is an opinion blog. Im sure when the incident that happened in Miss. Tucker had a column regarding it. I think you’re stretching this a bit my friend.

Aquagirl

March 22nd, 2012
4:35 pm

Are all of you congressman that have made up names?

Let’s discuss that over a $200 dinner. Oh, and tickets to the Masters might get more attention for your question too.

Bill

March 22nd, 2012
4:35 pm

I noticed that there are quite a few people who blog here 24/7 and it makes me wonder how long each of these individuals have been on welfare?

godless heathen©

March 22nd, 2012
4:36 pm

“We started off with a discussion on oil and wound up with apples, oranges, healthcare, and name calling.”

and pi

Tom Middleton

March 22nd, 2012
4:38 pm

Liked mine better, William. Get a dictionary!

rivercard

March 22nd, 2012
4:39 pm

William – I know she may not be your cup of tea, but Rachel Maddow did a good job of showing that Romney is not just inconsistent ,but has no problem with lying.

I suspect that part of the Romney conservative problem is that many can sense his true lack of conviction or true beliefs, if you will. Rightly or wrongly, I felt the same way about Gore. They remind me of each other in many ways.

TaxPayer

March 22nd, 2012
4:41 pm

I try to enjoy an apple pi every March, on the fourteenth, at 1:59 PM. It’s an American tradition.

Scooter

March 22nd, 2012
4:43 pm

It doesn’t matter how much oil comes, the bottleneck is at the refining stage of production. I specifically recall gas here in GA went over $2.00/gallon the same day that refinery blew up in TX, killing five I believe, it has never dropped back below.

I love how Jay can ignore that fact in order to state that most economists believe that increasing supply doesn’t lower prices.

josef

March 22nd, 2012
4:44 pm

Well, y’all can see what kind of day I’ve had! :-)

Anyway…the topic has to after 900 + posts been bled to death, and I really (believe it or not!) have no opinion on the subject.

WILLIAM
I add my vote to the you’re a gentleman column…a welcome change hereaboujts…

BERNIE
You’d find racism in a cherry crepe…you are not the sole voice with something to say on the subject and it’s not nearly so black-white as you’d like to think it is…way too simple…

SOOO
Time for a new thread…? Otherwise, what’s the kvetch of the day?

jarvis

March 22nd, 2012
4:45 pm

Legislation banning oil speculation will do NOTHING. Why can’t anyone understand that this is not an American system? Oil is GLOBAL.

Unless our legislation is somehow going to ban every other country in the world from oil speculation it will be as ineffective as drilling more. The United States CANNOT control the price of gasoline as much as you morons seem to think we can.

Supply and demand…..the United States CANNOT produce enough oil to move the S/D curve enough to make a difference in it.

William

March 22nd, 2012
4:47 pm

“William – I know she may not be your cup of tea, but Rachel Maddow did a good job of showing that Romney is not just inconsistent ,but has no problem with lying.

I suspect that part of the Romney conservative problem is that many can sense his true lack of conviction or true beliefs, if you will. Rightly or wrongly, I felt the same way about Gore. They remind me of each other in many ways.”

I will look into that, Rivercard. But, unfortunately, we are again (from my perspective) stuck with a choice between the lesser of two evils. I am not a huge Romney fan, but I will vote for him over Obama. I am not averse to voting Democratic, as for Zell Miller, but I think there is a lot that scares me about Obama as well (not even considering his decided lack of leadership) .

jarvis

March 22nd, 2012
4:47 pm

@Scooter, we have a surplus in refined product at the moment. Swing and miss.

http://money.cnn.com/2011/12/05/news/economy/gasoline_export/index.htm

josef

March 22nd, 2012
4:48 pm

And now comes pi…to hell with pi! Spent most of the day wrestling with fifth graders and pi… :-)

Martin Williams

March 22nd, 2012
4:49 pm

I just wish as Americans, we start paying for a gallon of gas like the rest of Europe as we consummed two thirds of the world energy. $5 – $6 will be a very good start and then we will also stop blaming our presidents both past and present. The oil companies do this to us two times every year and all we do blame the presidents and they will post 20 – 30 billion dollar profits per quarter. Wake up America……………

TaxPayer

March 22nd, 2012
4:49 pm

If you significantly increase total global supply of oil while maintaining or lowering total global demand for oil, then you may see a temporary decline in oil price. If that decline in oil price results in a decline in profits to an unacceptable level, then oil supply will decline until prices climb to a level that once again yields an acceptable profit margin. I personally do not see the difficulty in understanding that.

Granny Godzilla - Union Thugette

March 22nd, 2012
4:50 pm

“Liberals treats academics like the priesthood, supposing that everything written in textbooks (by whom whoever knows) and said by teachers or professors is the new gospel, exchanging one religion for another.”

Now isn’t that just about the most ridiculous thing you ever read?

Suggesting an equivalency between education and religion can only come from the depths of a mind that has neither.

Mr. Silly Pants.

Here we go!

March 22nd, 2012
4:50 pm

No matter what side of the political fence you are on, you have to admit Bookman has the best bloggers!

Don't Forget

March 22nd, 2012
4:51 pm

Why not stick with standard hate phrases like “imperialistic pig” or “rich whitey”?

I prefer whitey American, thankyou

JamVet

March 22nd, 2012
4:52 pm

To William’s point at 4:47.

And only one of a dozen reasons why I suspect that he is gonna be the second coming of John McCain…

http://blogs.ajc.com/mike-luckovich/

jarvis

March 22nd, 2012
4:52 pm

@TaxPayer, we can’t significantly increase the total global supply. It’s like peeing in the ocean what we can produce compared to the world’s petroleum output.

A cutback by OPEC would offset anything the U.S. can do. Why is that so hard to understand?

Aquagirl

March 22nd, 2012
4:52 pm

Time for a new thread…? Otherwise, what’s the kvetch of the day?

We could discuss the tax plan approved by the General Assembly. But frankly I find the Zombie Apocalypse a more cheerful subject.

jarvis

March 22nd, 2012
4:53 pm

@Martin Williams, check out the average European commute before making a ridiculous statement about our energy consumption compared to theirs.

Bernie

March 22nd, 2012
4:53 pm

Keep Up–Te gusta losing woofinpoofs? @ 4:32 pm, of course you will keep your head in the sand just as Jay and the mangement of the AJC does on a daily basis. I understand…its whats comfortable! but it does not make it right or FAIR!

Tom Middleton

March 22nd, 2012
4:54 pm

Good to see you out and about, Granny. “Go, Granny, Go”!

William

March 22nd, 2012
4:55 pm

“Liked mine better, William. Get a dictionary!”

Which one would you have me look at (I have several)? The phrase de facto is applied to something that is in practice but not necessarily officially established (by law or other means). Thus, English is the de facto lingua franca of the world. It is hard to see how the same phrase might be legitimately applied to “lie machine”.

josef

March 22nd, 2012
4:55 pm

Don’t Forget

I don’t like white people… :-)

josef

March 22nd, 2012
4:56 pm

Tom Middleton

March 22nd, 2012
4:57 pm

Here We Go!

I’m in total agreement. Bookman is the best by far!

Bernie

March 22nd, 2012
4:57 pm

josef @ 4:44 pm , May you return in your next life as A BLACK Male in America with the racist and insensitive mindset you have now to accompany you.

Granny Godzilla - Union Thugette

March 22nd, 2012
4:57 pm

Tom

Glad to be of service.

TaxPayer

March 22nd, 2012
4:57 pm

jarvis,

I made no claim w.r.t. our ability to alter current supply. I merely commented on the basics of supply and demand.

rivercard

March 22nd, 2012
4:58 pm

Jarvis – Legislation banning oil speculation will do NOTHING.
*****************************************************************************

I think they want tighter regulation not banning. Before I accept this as Gospel fact maybe you can answer a question that I honestly don’t know the answer to. What percent of the total oil futures market is traded in US?

Tom Middleton

March 22nd, 2012
4:59 pm

Well, Karl Rove is the official lie machine for the Republican Party, William. I’m just saying that Mitt is a lie machine but not the official one. Not complicated!

josef

March 22nd, 2012
4:59 pm

For the record from the classroom…the science and math texts are still pretty standard presentation of the facts, ma’am…it’s the social studies and literature texts you need to be looking at with a jaundiced eye….

Aquagirl

March 22nd, 2012
5:00 pm

May you return in your next life as A BLACK Male in America with the racist and insensitive mindset you have now to accompany you.

josef, you asked for a kvetch. So no complaining when you get one like this. :)

Don't Forget

March 22nd, 2012
5:00 pm

Jarvis,
Agree with most but not so sure about the speculation. Are oil futures traded on any other markets than ours?

carlosgvv

March 22nd, 2012
5:03 pm

William – 4:10

Many of these world class climatologists said, over 10 years ago, that if immediate action was not taken at once we would reach a tipping point in 10 years and it would be too late to stop a runaway greenhouse effect. Well, it’s been over 10 years, the glaciers are melting faster than ever and the weather is crazy. Looks like it may be pointless to even discuss this anymore except to start thinking how we’re going to survive the increasingly dangerous years to come.

William

March 22nd, 2012
5:04 pm

“Now isn’t that just about the most ridiculous thing you ever read? Suggesting an equivalency between education and religion can only come from the depths of a mind that has neither. Mr. Silly Pants.”

Oops. Looks like I struck a nerve. Please tell the audience, GG, how much of what you “know” has been independently and scientifically verified by you? What’s that? Less than 0.0001%? Oh…so are you saying that almost all of what anyone of us “knows” is received from what others (presumably authorities) tell us? Wow! And are you further saying that in view of this lack of certainty that there is a considerable amount of choice in what we believe – that the old saying one believes what he or she wants to is not so far off the mark? Thanks, GG, for that clarification!

Common Sense isn't very Common

March 22nd, 2012
5:04 pm

Josef

I don’t know which part of you to descriminate against first, the Indian or the Jewish. :-)

BTW who won, the kids or the pi? LOL

Keep Up--Te gusta losing woofinpoofs?

March 22nd, 2012
5:05 pm

josef, that is not the worse curse put upon you…… I think someone forgot mention the yak. :lol:

JamVet

March 22nd, 2012
5:06 pm

Legislation banning oil speculation will do NOTHING.

I too, would like to see something more than just a claim. Maybe some data, evidence, facts or links would be nice?

Because I suspect that the claim is very much wrong.

William

March 22nd, 2012
5:07 pm

“And only one of a dozen reasons why I suspect that he is gonna be the second coming of John McCain…”

Are you trying to give me insomnia?

josef

March 22nd, 2012
5:07 pm

BERNIE

I’m a Jew, married to an American Indian, with a Roma grandbaby and spend my day in service to the Latino community…black folks and white folks need to shut up and get with the new world in which they both are issues of the past..

Want misery and maltreatment to harp on? When was the last time “your people” were herded into gas chambers in mechanized death, reduced to a raw product for making soap? What’s the big issue in Indian country today? What are the infant mortality, alcoholism, per capita income, average life expectancy there? When was the last time somebody came rolling into you neighborhood, burned the houses, raped the women and then sent you packing to find a place that would have you? When was the last time you had to take a job to feed the family at less than minimum wage and a ticket back to where you came from if you complained?

Jay

March 22nd, 2012
5:08 pm

William

March 22nd, 2012
5:10 pm

“Many of these world class climatologists said, over 10 years ago, that if immediate action was not taken at once we would reach a tipping point in 10 years and it would be too late to stop a runaway greenhouse effect. Well, it’s been over 10 years, the glaciers are melting faster than ever and the weather is crazy. Looks like it may be pointless to even discuss this anymore except to start thinking how we’re going to survive the increasingly dangerous years to come.”

I will concede it is a possibility that carbon emissions have caused this though I am not at all convinced. But if that is true, I guess the question might be what is going to get us first – global warming or nuclear warfare. Wonderful prospects, both, wouldn’t you say?

Bill

March 22nd, 2012
5:11 pm

Jay, since you “obviously” know how gas prices work; perhaps you could run for office and help out all the poor individuals that plague your blog 24/7.

josef

March 22nd, 2012
5:11 pm

Aquagirl…
Complain? Moi? Right to my taste! :-)

Common

Go for the Indian first…but wait until he finishes dinner…gotta remember we Jewboys have the international zionist cartel of nazi Jew bankers to fall back on…

And the kids won! That’s why I’m in such a good mood…Pi has been vanquished!

josef

March 22nd, 2012
5:13 pm

IMAM

New sheets? Just when I was getting wound up! Spoil sport…! Poor, poor, pitiful me! :-)

JamVet

March 22nd, 2012
5:13 pm

Pi has been vanquished!

But not trademarked!

Orange12

March 22nd, 2012
5:17 pm

This just in: In between campaigning, Pres. Obama and Sec. Chu have been been going to West Virginia with the idea of shooting holes in the turf in search of black gold, Texas T, Oil to stop the predicted steep loss of votes from independant voters. However, the instrument of choice was two vintage squirrel rifles of which they tried to use modern elephant ammunition (Hornady 458 loads I think) instead of cap and ball and black powder and kept jamming the barrels resulting in no oil found. Predicted loss of another failed Obama initiative is said to be in the millions.

Orange12

March 22nd, 2012
5:17 pm

Just remember, a vote for Obama is a vote for Holder.

Tom Middleton

March 22nd, 2012
5:18 pm

So what are the alternatives to war, William, I mean, besides drowning in the rising sea levels? Do you know enough about our human nature to begin suggesting some?

Bernie

March 22nd, 2012
5:19 pm

josef @ 5:07 pm, Many of My people have been dealing with those same issues today, just as the same as the day the first slave ship arrived. At least your skin color gives you some anonymity and allows you more rights than your darker skinned brother. whereas as for me and my people just as my previous comments mentioned and you have proven in your response. No, I will not SHUT UP and go
away! these are issues many feel who read this garbage, but not as willining to be as vocal about it.
There has yet to be a artilce printed here about that case in Mississippi! I stand by my comments!

Scooter

March 22nd, 2012
5:21 pm

@Jarvis, interesting article you linked to. I made note of how we didn’t start exporting oil till 2008 and the correlation between decreased demand due to efficiencies of use and the recession.

Get Real

March 22nd, 2012
5:32 pm

Give it up Jay, only the ultra libs are buying Obama’s go total green policies. His ultimate objective is to shut down oil production as we know it. It is that simple, but go ahead and keep shoveling manure….

josef

March 22nd, 2012
5:34 pm

BERNIE

No. Black Americans do not deal with those issues. Remember that at least the slave was worth more alive than dead. The Indian, Jew, and Roma weren’t and it’s more recent in the time line of human events than slavery…but what your trying to pick a snit with me over is the issue, at this point in time all of the groups named above are pretty damned lucky to be in America…

And my skin color? Just what shade am I?

I’m happy in my time and place….not blinded to the fact that we have a long journey ahead of us, but as the old Southernism says, “I’m not as good as I wanna be, I’m not as good as I’m gonna be, but thank G-d I’m not as bad as I was…”

Anyway, we can take this up later…I’m going upstairs and whine…

Mark in mid-town

March 22nd, 2012
5:36 pm

Obama and the Democrats must be real nervous. It’s only March and they have sent out marching orders to their media affiliates (just about the entire msm) to try and do everything in their power to insulate Obama from damage resulting from high gasoline prices. Of course, the hacks in the msm made the same effort to educate Americans when Bush was president as to how the president had no control over oil prices. Right..

JKL2

March 22nd, 2012
6:00 pm

aquagirl- Subsidizing a product means the money must come from somewhere.

We call them obama bucks. They magically fall from the sky.

Tom Middleton

March 22nd, 2012
6:03 pm

Bernie

It’s not just black folks who have something to fear here in the South, Bernie. What about us whites with enough courage or whatever to stand up against discrimination like we want to see real change.

Don’t you think we also feel the heat? I mean, we know the murmur that begins on one side of the region and rumbles to the other every time someone stands up for freedom for all like they mean it: “Somebody’s gonna kill him.”

But to me, it’s not an issue of just race but basic constitutional freedom for even white folks like me, and all of us of all colors who truly love this country will NEVER back down, no matter who says what or how often.

I mean, which is better, a long life of being a self-loathing coward who says he believes in the Constitution but can’t bring himself to actually act like, or a shorter one of being open, honest, and as free as one can be under the circumstances?

I chose the latter and know that justice will be served against that white man in Mississippi you mentioned. I can remember a time when they used to get off scott free, and it wasn’t that long ago!

Billybob

March 22nd, 2012
6:10 pm

like i’ve said before……hussein’s own words and actions and record will do him in……..his words today were full of deceit and so misguided and then bookman here parrots these falsehoods…….many more saw obama for the radical leftist he is and the democrat ship got a little bit lighter today……moderate dems have more in common with republicans each and every day that obama opens his mouth……….jay, so when dems always ask the saudis to pump more oil when prices go up are they misguided or just lying like politicians and their parrots( you) do……….we now have a propagandist media with it’s mouth being led by the oval office………..i’m feeling a landslide building for the conservatives in Nov………..based on adam, please keep lying now like you lied then jay?

Gator Joe

March 22nd, 2012
6:13 pm

Jay:
The President, his administration, and rational people understand that energy policy and what can be done about gas prices requires multiple technologies, including green, and long term thinking.
The solutions to high gas prices offered by the President’s critics would not affect supply, or prices, for years to come.

By the way, moving to green energy technology, and away from fossil fuels, would also have the effect of reducing green-house gases, not to mention improving air quality.

For those cannot manage to think long term, don’t plant peanuts today and complain because you can’t have peanut butter from them in a week. That’s your logic when it comes to lowering gas prices. Drill now, pay less tomorrow…..right.

ld

March 22nd, 2012
6:20 pm

price?

at least as much about collusion and speculation as supply and demand

They BOTh suck

March 22nd, 2012
6:22 pm

Been out for several hours

Was anyone able to post where Big Oil’s stated goal is to lower prices for the US consumer?

Thanks again

GOP (Giving Oil to People) LOL

March 22nd, 2012
6:33 pm

@Billybob

March 22nd, 2012
6:10 pm
like i’ve said before……hussein’s own words and actions and record will do him in……..his words today were full of deceit and so misguided and then bookman here parrots these falsehoods…….many more saw obama for the radical leftist he is and the democrat ship got a little bit lighter today…
******************************************************************

POT calling the kettle BLACK?

YOU SAY – “hussein’s own words and actions and record will do him in ”

YOUR own words and actions and possibly your history WILL DO YOU IN.

YOU SAY – “his words today were full of deceit and so misguided

YOUR words today are full of deceit and misguided.

Anyone CAN READ BETWEEN THE LINES in your STATEMENTS.

Mama says

March 22nd, 2012
6:59 pm

Black president, highest level of black home ownership in Americas history, highest number of blacks in the middle class in Americas history, highest number of rich blacks in Americas history. Highest number of black elected officials in Americas history, highest number of black police chiefs and sheriffs in America’s history, highest number of black district attorneys in Americas history.

What would you fools have us believe ?

Blacks today experience the highest level of racisim in Americas history ? That’s all we hear !

Whites can bend over backwards to apologize for our ancestors actions, assuming our ancestors held slaves, which most did not, and what do we get ? Continually blamed for the blight that blacks bring on themselves and their communities.

I guess whites are responsible for the highest black on black murder rate in American history. The highest single parent and abandonment rate amoung blacks in American history. And of course one of the highest school drop out rates amoung Americans.

Their is another old southern saying which says, you can lead a horse to water but you cannot make him drink. Whites were the ones in charge when slavery ended and about 250,000 in the U.S. Army died in that process. Whites were the ones who signed laws forbidding segregation, whites were the ones who held the guns-on other whites-to enforce the voting rights act and whites are the ones who outlawed Jim Crow laws. Whites are the ones who passed affirmative action- which basically said a minority HAD to be given a spot even if a white was more qualified.

Yes whites were the guilty party, guilty of inhuman acts. Acts that I am ashamed were committed under the thought of white supremacy. But whites are the ones, given we held all the power, who are trying damn hard to help blacks now. It wasn’t because we had to because we didn’t, it was because a majority of us saw it was wrong and we fixed it. If we were all racist it would not matter one bit what Rosa Parks did or what MLK endured we did not have to change.

Tell you what guys when you fix your own house then you can take your all encompassing assumptions that you have about whites ( which by the way is called racisim when whites judge by group association ) and then tell me about my problems.

Then again you could simply ask why your Fubu wearing $ 300 Michael Jordon Tenny shoe owning sons still have the highest violent crime rate in America, given they are part of the most included and assimilated minority group in the world.

But then again I see your point. It has to be easier to blame the white man for the fact black men, on a % basis, beat their wives more than any other group in America also.

I won’t even mention the rate of failing schools in the suburban areas–meaning equally funded-which are majority black. ( note I said suburban since you love to ignore the drug induced gang blited schools in the inter cities ).

I know I know I am a racist, facts don’t matter, blah blah blah

By the way are there any statistics on how many whites have become racists due to the fact that they are tired of being blamed for every ill that blacks are stricken with ? While at the same time we are struggling to educate, feed and clothe our own kids, without benefit of a fall back never ending excuse of skin color.

I missed the meeting apparently, where is my white privilege ?and why was it not given to me, my mother or my father, who abandoned me. I lived on the wrong side of the tracks growing up- with my black friends–stop calling me a racist !

You are making me one, and I don’t like it !

Vast Right Wing Conspiracy

March 22nd, 2012
7:29 pm

So why did y’all Democrats complain so vociferously when gas was about $2.80 per gallon under Bush 43? The double standard continues unabated.

Republicans Living In the 51st State (State of Denial)

March 22nd, 2012
7:58 pm

@Mama says

March 22nd, 2012
6:59 pm
Black president, highest level of black home ownership in Americas history, highest number of blacks in the middle class in Americas history, highest number of rich blacks in Americas history. Highest number of black elected officials in Americas history, highest number of black police chiefs and sheriffs in America’s history, highest number of black district attorneys in Americas history.

What would you fools have us believe ?

Blacks today experience the highest level of racisim in Americas history ? That’s all we hear !

Whites can bend over backwards to apologize for our ancestors actions, assuming our ancestors held slaves, which most did not, and what do we get ? Continually blamed for the blight that blacks bring on themselves and their communities.
************************************************************************

YOU are an INSULT to mamas in this country.

What kind of children HAVE YOU RAISED?

Are they like the man in Sanford, Fl who murdered an innocent black boy?

Are you saying that Trayvon Martin is RESPONSIBLE FOR HIS OWN DEATH?

Dont give us all of that crap you are spewing.

Until YOU WALK A MILE IN BLACK PEOPLE’S SHOES you don’t know HOW THEY FEEL.

Tom Middleton

March 22nd, 2012
8:04 pm

Mama says

If all of your claims are true, Mama, and you agree with everything that took place, then why aren’t you proud of what you helped accomplish, instead of so much on the defensive that I’m wondering what you did to help.

Please read your first paragraph again and tell me why you’re not beaming, instead of complaining like you are. Oh, and have you ever heard poor white people talk knowledgeably about how the cards are stacked against them as well, even today? Have you ever been one of these?

Maybe with all your knowledge about how to get ahead, you could learn to help everyone do it as well, without regard for color or any of that other stuff that keeps some of us down and out and going nowhere fast!

I know, teach a course and open it to the public; I might even show up there myself, And who knows, we might even start that New South we all need, instead of keeping the old one going to I-think-you-know-where!

Republicans Living In the 51st State (State of Denial)

March 22nd, 2012
8:05 pm

@Mama says

March 22nd, 2012
6:59 pm
I know I know I am a racist, facts don’t matter, blah blah blah

By the way are there any statistics on how many whites have become racists due to the fact that they are tired of being blamed for every ill that blacks are stricken with ? While at the same time we are struggling to educate, feed and clothe our own kids, without benefit of a fall back never ending excuse of skin color.

I missed the meeting apparently, where is my white privilege ?and why was it not given to me, my mother or my father, who abandoned me. I lived on the wrong side of the tracks growing up- with my black friends–stop calling me a racist !

You are making me one, and I don’t like it !

********************************************************************************

LISTEN SO CALLED MAMA

The dominance of the white man is OVER.

Get OVER IT.

Your ignorance is NO OBSTACLE to black people’s ADVANCEMENT.

Keep living in the state of DENIAL.

YOU will be LEFT BEHIND.

Republicans Living In the 51st State (State of Denial)

March 22nd, 2012
8:09 pm

@Tom Middleton

March 22nd, 2012
8:04 pm
Mama says

I know, teach a course and open it to the public; I might even show up there myself, And who knows, we might even start that New South we all need, instead of keeping the old one going to I-think-you-know-where!

******************************************************

The NEW south looks like the OLD south.

Same old stuff JUST A DIFFERENT DAY.

But some of us ARE NOT GOING BACK there and no one can take us BACK there.

I SUGGEST that some of you NEED TO GET OVER YOURSELF.

Tom Middleton

March 22nd, 2012
8:47 pm

Republicans Living In the 51st State (State of Denial)

Couldn’t love it with the 50, so you decided to leave it, huh? Thanks, but just between you and me, you didn’t have to go. I mean, in the New South, there’ll be room for everybody, even the crazy ones, and we’ll get to you eventually! :)

Billybob

March 22nd, 2012
11:59 pm

gop,
the more you keep talking like that the more i want you to talk……….lib

Adam

March 23rd, 2012
1:43 pm

William: Liberals treats academics like the priesthood, supposing that everything written in textbooks (by whom whoever knows) and said by teachers or professors is the new gospel, exchanging one religion for another.

Only conservatives see everything as religious. Even things that are clearly NOT RELIGIOUS.

Stop reading Ann Coulter. She’s full of crap.

I remember

March 26th, 2012
6:01 pm

Early this year, as the alarm was sounded that much, much higher gas prices were coming, the liberal media joined ranks and assured everyone that the warnings were ill placed gloom and doom. Of course as our gas prices top four bucks the liberal media is again shown to be talking out of their hats. The AP “study” is so easy to disregard, one wonders for moment why it would be getting attention. But then we remember that Bookman is part of the Obama-media. In the tank all the time.

md

March 26th, 2012
7:22 pm

obamas shutting down refineries.sinking millions into go no where green energy stopping all the drilling he can and taking credit for the increase in drilling that he can’t control on private lands. so who should be blammed instead of seeing red or blue mabye you should be a little more worried about the red white & blue

Adam

March 28th, 2012
11:17 am

Uhhhh, Obama has no authority to “shut down” refineries. I work in one and there is absolutely ZERO risk of it being shut down. Just sayin.