Drilling here, drilling now has no impact at gas pump

oilprod

Remember when “Drill here, drill now” was supposed to solve our energy problems?

Well, we are drilling here. We are drilling now.

As the Wall Street Journal reports, crude oil production in the United States is expected to jump 12 percent in 2012 and another 8 percent next year. Domestic crude-oil production through the first seven months of 2012 — July is the most recent month for which numbers are available — is 21 percent higher than it was in the same period in 2008.

That influx of oil onto the American market has driven the price of West Texas crude, the benchmark for U.S. oil, down by 7 percent. But as the WSJ also notes (subs. req.):

… gasoline prices currently average nearly $4 per gallon nationwide. Rising U.S. crude production may seem like an attractive antidote, but it is proving ineffective on its own at a time when the world’s appetite for energy remains voracious and Middle East tension is a reminder that supplies could be disrupted.

“Even the significant increase in U.S. production is a small part of the world oil market,” said Severin Borenstein, co-director of the Energy Institute at the Haas School of Business.

Refiners that process the cheaper crude are selling gasoline and diesel into a global market driven more by higher international prices for crude, which are up around 7% in 2012.

Some are benefiting. Refiners in the Midwest—near where much of the new oil is produced or stored—can often pay less for the raw crude than do rivals in U.S. coastal areas and abroad, but can charge market prices for the sought-after gasoline and diesel they churn out.

HollyFrontier Corp., which owns refineries in Oklahoma, Kansas and elsewhere, saw net income jump 149% to $502 million year over year in the second quarter. Tesoro Corp., which operates a refinery in North Dakota, where crude production has roughly quadrupled in four years, reported a 77% leap to $393 million in the same period.

In other words, significant, sustained increases in domestic oil production have had and will have little or no effect on the price of gasoline at the pump, because gasoline at the pump is sold at the world price for that commodity. In fact, the financial benefit from increased domestic drilling is being enjoyed almost exclusively by refiners in the form of considerably enhanced profit margins.

Because that’s how the oil markets work.

– Jay Bookman

441 comments Add your comment

ByteMe - Thugs vs. Ilk... in 3D!

October 15th, 2012
11:51 am

I would happily embrace a Romney presidency if it meant turning out every single member of congress as well

You could still end up with an entire congress comprised of Michele Bachmanns…. Be careful what you wish for.

getalife

October 15th, 2012
11:51 am

ahem.

Cutting PBS is bs.

Joe Hussein Mama

October 15th, 2012
11:52 am

DownInAlbany — “What about jobs that additional drilling would bring?”

“(funny how you people conveniently gloss over sensible comments)”

What about the jobs that alternative energy production would bring?

(funny how you conveniently glossed over my sensible comments)

Morality?

October 15th, 2012
11:53 am

Out law gas and get your free gub’ment bike when you vote Obama at the polls.

nelson

October 15th, 2012
11:54 am

The solution is alternative energy. Wind turbines in the Atlantic[off shore] will solve the crisis in energy. The endlessly renewable source of clean energy[wind] is the only solution.
With CO2 emissions in the atmosphere at 400 parts per million is closing in on 450 parts per million CO2 in the atmosphere. That is the tipping point[the point when global warming will continue to escalate].
You must have noticed how it is staying warmer later in the year. Global warming needs to be abated.
Now having said all that, the decision is the largest the new admininistration in Government will have to deal with, with the exception of a nuclear Iran, in that case it will be a mute issue.

Marty Huggins'

October 15th, 2012
11:54 am

Joe Hussein Mama
October 15th, 2012
11:47 am

We would have more power over the speculation at the New York Mercantile Exchange, International Petroleum Exchange (London) And SIMEX.

When OPEC cut the amount of production we could raise it and keep a more constant medium price.
Allowing for far fewer speculations up and causing sudden quick increases.

Especially given that when it goes up it usually stays up as far as prices go.

Common Sense

October 15th, 2012
11:54 am

So your contention is without that oil the prices would be exactly the same?

You know better.

Paul

October 15th, 2012
11:55 am

As with the previous thread, no good refutations.

One thing to keep in mind in the debates: Romney will tout “North American energy independence.” Not United States. North America.

Which means “Us and a couple of foreigners.” So it still isn’t US energy independence.

But somehow, Republicans think Canadians and Mexicans are just pleased as punch with the idea their oil economy exists to provide Americans with cheap energy for their energy-guzzling ways.

Morality?

October 15th, 2012
11:55 am

Alternative energy = HOT AIR from Congress

Ben

October 15th, 2012
11:55 am

And every time we wanted to drill, you said no because it would take 10 years to have much effect. So give it 10 years.

Just think if 10 years ago when you made that objection we had ignored you. Now there would be higher supply and it would make a difference at the pumps. But hey, if you think continuing to pump more money into the death cults is that is most middle east governments these days is a great idea, then keep pushing against use of our own resources. You’ll get your wish.

Joe Hussein Mama

October 15th, 2012
11:56 am

M. Huggins — “How long would these other countries be willing to forgo profit left on the table by reduced production meaning less sales?”

What makes you think that reduced production automatically leads to reduced profit?

If you cut a commodity’s supply by say, half, the price per unit on what’s still available will skyrocket. Particularly a critical commmodity like petroleum.

Don't Tread

October 15th, 2012
11:57 am

“the financial benefit from increased domestic drilling is being enjoyed almost exclusively by refiners in the form of considerably enhanced profit margins”

OMG somebody’s making a profit! TAX THEM!!!!

Lord Help Us

October 15th, 2012
11:57 am

‘But hey, if you think continuing to pump more money into the death cults is that is most middle east governments these days is a great idea, then keep pushing against use of our own resources. You’ll get your wish.’

Count Ben as a ‘yes’ vote to nationalizing the oil industry…

Donovan

October 15th, 2012
11:57 am

So what’s your point, Bookman? As the election draws near, you are propping up the Amateur and trying to deflect blame away from him like all you liberals tried to blame Bush when prices were somewhat high at times during his two terms? You guys are so predictable.

Or are you suggesting regulation of prices like a good little socialist, Mr. Marx? I smell a hidden agenda here. After all, you guys love big government, don’ t you? Hugo Chavez thinks it works for his country.

Morality?

October 15th, 2012
11:57 am

It takes more energy to build a wind powered engine than that windmill will produce in 30years. Did you know?

Joe Hussein Mama

October 15th, 2012
11:58 am

“Morality” — “The pork barrel stimulus to the Obama funders on the green left has been a total waste of billions. Leave the gub’ment out of this pork barrel job creation.”

I notice that you say nothing of the waste of billions spent on “pork barrel job creation” for the petroleum industry. Perhaps you’re unaware of just how much subsidy is lavished on the oil business in this country.

Brosephus™

October 15th, 2012
11:58 am

We’re now a net oil exporter (exports are higher than imports). Has it made our lives better? We out of the Middle East yet?

Not entirely correct. We are a net exporter of refined products, not oil.

Ahem

October 15th, 2012
11:59 am

Wind turbines in the Atlantic[off shore] will solve the crisis in energy.

Favor please, let Al know that Tipper doesn’t miss him. ;-)

Lord Help Us

October 15th, 2012
12:00 pm

‘It takes more energy to build a wind powered engine than that windmill will produce in 30years. Did you know?’

BS

getalife

October 15th, 2012
12:00 pm

We are second in green energy investment behind China.

You fixate on drudge’s failures but most are thriving businesses.

Just ask Al Gore.

He is worth over 100 million and it is easy money.

Joe Hussein Mama

October 15th, 2012
12:00 pm

M. Huggins — “We would have more power over the speculation at the New York Mercantile Exchange, International Petroleum Exchange (London) And SIMEX.”

Why? That speculation is engaged in by *buyers,* not *sellers.*

“When OPEC cut the amount of production we could raise it and keep a more constant medium price.”

We could only do that if we controlled a MUCH larger fraction of the total world output. OPEC far outstrips us in that regard.

Morality?

October 15th, 2012
12:00 pm

By reducing the Fed gub’ment and their 700,000 gas powered vehicles by 20 % we could reduce our dependency on the middle east’s oil. A simple solution.

Kamchak ~ Thug from the Steppes

October 15th, 2012
12:01 pm

Just think if 10 years ago when you made that objection we had ignored you.

Just think of the suggestion 40 years ago to begin a process of weaning ourselves off of oil that was ignored.

Now there would be higher supply and it would make a difference at the pumps.

OPEC has way too much leverage in controlling the world out put to take that argument seriously.

Joe Hussein Mama

October 15th, 2012
12:02 pm

“Morality” — “It takes more energy to build a wind powered engine than that windmill will produce in 30years. Did you know?”

You should look into how much energy it takes to build a nuclear power plant.

Thulsa Doom

October 15th, 2012
12:03 pm

I do loves me some wind turbines in the Atlantic. Too bad Kerry or the Kennedy clan will not allow it. Can’t have their perty views blocked.

Lord Help Us

October 15th, 2012
12:03 pm

‘It takes more energy to build a wind powered engine than that windmill will produce in 30years. Did you know?’

Show your work, please? Thanks in advance…

Paul

October 15th, 2012
12:04 pm

Donovan

“So what’s your point, Bookman?”

I thought his point was quite clear: “Remember when “Drill here, drill now” was supposed to solve our energy problems?

Well, we are drilling here. We are drilling now.

As the Wall Street Journal reports, crude oil production in the United States is expected to jump 12 percent in 2012 and another 8 percent next year….In other words, significant, sustained increases in domestic oil production have had and will have little or no effect on the price of gasoline at the pump, because gasoline at the pump is sold at the world price for that commodity.”

YouLibs

October 15th, 2012
12:05 pm

So, we’re down to about 3% of the world’s recoverable oil reserves.

Let’s hurry up and blow through that so we can be totally at the mercy of other producing countries.

Joe Hussein Mama

October 15th, 2012
12:05 pm

Doom — “I do loves me some wind turbines in the Atlantic. Too bad Kerry or the Kennedy clan will not allow it. Can’t have their perty views blocked.”

I did not know that the Kerry and Kennedy families owned the entire Eastern Seaboard. Wow, the things you learn on this blog. :D

getalife

October 15th, 2012
12:05 pm

Make no mistake, we are moving forward on green energy and when the banks to start investing huge, it will create a green energy bubble and millions of jobs.

Ahem

October 15th, 2012
12:06 pm

HELP ME DADDY
I smell a boycott or a shakedown heading our way. This 1%er’s crib must be bad. 2.5 million?!?

Jackson Jr. Allegedly Misused Campaign Funds For Home Decor Report

A new federal investigation into Rep. Jesse Jackson Jr.’s finances alleges the Illinois congressman misused campaign funds to redecorate the inside of his Washington, D.C. home.

Three weeks before the election, the feds also are looking into whether Jackson Jr. used money from his House spending account to pay for the home decor, according to The Wall Street Journal.

The Jackson family briefly put the D.C. home on the market last month for $2.5 million. At the time, a family spokesman said they considered selling the home to pay for healthcare costs.

Source: http://www.nbcchicago.com/blogs/ward-room/Jackson-Jr-Allegedly-Misused-Campaign-Funds-For-Home-Decor-Report-174166471.html#ixzz29NsjB7xw

Thulsa Doom

October 15th, 2012
12:08 pm

Joe mama

They don’t own the Atlantic. But i have it on good word from harry Reid that they have a wee bit of political influence.

Morality?

October 15th, 2012
12:10 pm

Jivin’ Joe Biden is full of malarkey. I am not accusing Joe of playing fast and lose with the truth – it’s probably alzheimers.

Kamchak ~ Thug from the Steppes

October 15th, 2012
12:10 pm

REPORT: Jesse Jackson Jr. Allegedly Misused Campaign Funds For Home Decor…

drudgey spam

Thulsa Doom

October 15th, 2012
12:11 pm

JJesse Jackson Jr. Corrupt? Well he is from Chicago dontcha know.

DannyX

October 15th, 2012
12:13 pm

“It takes more energy to build a wind powered engine than that windmill will produce in 30years. Did you know?”

More Republican arithmetic.

Joe Hussein Mama

October 15th, 2012
12:13 pm

Doom — “But i have it on good word from harry Reid”

Are you sure it wasn’t the Easter Bunny? :D

TaxPayer

October 15th, 2012
12:13 pm

Some of the MLP’s are looking good as well as some of the oil stocks and refiners. Cons should practice what they preach and invest in them rather than continue to play their silly game of trying to blame Obama for their higher gas prices. It makes them look as though they’re only in favor of capitalism for others and not themselves.

jconservative

October 15th, 2012
12:13 pm

We need to kill the deal President Bush made with his brother Governor Bush not to drill off the coast of Florida from Clearwater to Naples. Of course, it would be years before the first well could be drilled.
But start now.

getalife

October 15th, 2012
12:14 pm

cons are dead wrong again so they change the subject.

At what point do you shut the up and show some humility about being dead wrong all the time?

Marty Huggins'

October 15th, 2012
12:16 pm

getalife
October 15th, 2012
12:05 pm

I thought our President was going to create 5 million green jobs?

Must be another thing he campaigned on in 08 that he doesn’t intend to do until his second term.

DannyX

October 15th, 2012
12:16 pm

“JJesse Jackson Jr. Corrupt? Well he is from Chicago dontcha know.”

Junior should become a Republican then run for governor here in Georgia if he wants to continue his political career. That strategy worked well for Nathan.

SBinf

October 15th, 2012
12:16 pm

Simple solutions from simple people….

Oil is sold on a world market. The only way the U.S. would solely benefit from domestic oil would be a state owned oil company. Ironically enough, that is a textbook example of socialism.

The “drill here, drill now” folks just aren’t that bright.

Common Sense

October 15th, 2012
12:17 pm

Even if it had NO impact on prices(and you know it has kept prices from rising higher than they would have otherwise….

http://finance.yahoo.com/news/lonely-hard-oil-rigs-salaries-210157680.html

It’s had a major impact on jobs AND salaries.

People with jobs pay taxes.

People with jobs spend more money.

The bottom line is positive, no matter how you chose to spin it….

Unless you are against jobs as well.

Morality?

October 15th, 2012
12:17 pm

Show my “work” – google under wind turbines facts & myths & pros & cons.

DannyX

October 15th, 2012
12:18 pm

“It’s had a major impact on jobs AND salaries.”

Way to go Obama! Nice of you to give him credit.

Morality?

October 15th, 2012
12:18 pm

I am not opposed to wind turbines . … just saying they are not the solution to our problem – solar energy is the answer.

getalife

October 15th, 2012
12:19 pm

marty,

By October, it will be 5 million created jobs.

You cons should start the premise of your arguments like this:

“I am usually dead wrong but Obama blah, bla, blah….”

willie lynch

October 15th, 2012
12:20 pm

All the ‘Drill baby drill” stuff sounds good but we don’t really get the news concerning the environmental damage the large oil producing countries sustain. The major oil companies don’t care about polluting the water and soil in countries like Sudan and Columbia. They could care less about the impacts to the abilities of these countries to have clean water and workable soil. With all the talk about drilling here these concerns are not addressed.

It’s interesting to hear the clamor for more drilling in North America. This of course will be done with as little regulation as possible so as to not put the” job creators” in the position of having liability once they’ve dumped gallons of oil into the water supply.

Why not increase wind and solar production to reduce the dependence on fossil fuel? What’s the argument?

Mighty Righty

October 15th, 2012
12:20 pm

This liberal line defies all reason and events of recent history. First, the Obama administration has talked as recently as two weeks ago about releasing the strategic oil reserves to reduce the price of gasoline by increasing the supply of oil on the market. Two, every time there is unrest in the middle east that may threaten the oil supply there is an immediate increase in oil prices and a corresponding increase in gasoline prices. Three, I believe I remember Jay writing columns making excuses for Obama’s high gasoline prices by blaming political instability in the middle east. Four) what happend to the pump price of gasoline in California when California experienced a shortage of gasoline? Right now it is averaging more than five dollars a gallon caused by a shortage. While this shortage was not caused by a shorage of oil, but by a stupid environmentaly green policy, it was never the less caused by a shortage of oil. Five) Imagine what the price of gasoline would be if suddenly the United States had access to only domestic produced oil. Now engage brain.

too little time

October 15th, 2012
12:21 pm

It wasn’t Bush’s fault when prices spiked on his watch, and it is not Obama’s fault now.

That said, every libtard/progressive/Democrat was crying “Bush” and “the oil men in the whitehouse” when prices spiked on his watch. Lets be clear: THE DEMOCRATS started the “president is responsible for the price of oil” talk during Bush’s 8 years in the white house. It was like some big conspiracy theory. Barack Obama, Nancy Pelosi, Hillary Clinton and Debbie Wasserman Schultz ALL attacked George W. Bush for high gas prices back in 2008. And, BY THE WAY JAY, YOU DIDN’T POO POO ON THAT STUPIDITY THEN.

We are in a world market. Because our oil supplies the world market… not just the U.S. market… increasing oil production will not drive the price down. The Saudis, or Canada, or Venezuela, or any other country could just reduce output to maintain world prices. Things would change drastically ONLY if India and China find and exploit their own sources.

The biggest reason for “Drill here, drill now” is that in an energy emergency, we would still have the capacity to supply ourselves. That is a strategic goal that prevents petty dictators around the world from using oil to blackmail.

Morality?

October 15th, 2012
12:23 pm

Let me clear that up – solar energy is the answer to our problem eventually. Solar panels? We still have a long way to go. I would compare research on solar energy to research in finding the cure for cancers. Not close to finding a cure yet. Keep up the research – meanwhile don’t throw billions down the drain on technology that is not there yet like the Obama administration has done.

Misty Fyed

October 15th, 2012
12:24 pm

Well then we should stop drilling all together. Increase in supply never results in lower costs.

barking frog

October 15th, 2012
12:24 pm

Decree that electric power
producers burn only natural
gas which we have in
abundance.
Stop using asphalt.
Convert autos to natural
gas many of which are
already equipped and
subsidize supply stations
if necessary to jumpstart.

Marty Huggins'

October 15th, 2012
12:25 pm

getalife
October 15th, 2012
12:19 pm

Can you show the work and it was specifically green jobs.

5 million green jobs.

Has he created those?

How many green jobs has been created?

It shows you know you are wrong when you change what was asked.

5 million green jobs?

BADA BING (imagine an umlaut above the i, I'm trying to class this place up a little)

October 15th, 2012
12:25 pm

Headline…..Shots fired into an Obama/Biden campaign office in Denver
Authorities are blaming it on altitude.

Paul

October 15th, 2012
12:25 pm

““It takes more energy to build a wind powered engine than that windmill will produce in 30years. Did you know?””

Sure beats cutting a soldier’s lifespan by 30 years to protect an oil supply -

getalife

October 15th, 2012
12:25 pm

President Carter was right.

We should have started green energy in his term.

The rest is history.

cons are dead wrong all the time and exist on this planet for one reason.

To fight for the wealthy that does not need their help.

They realize this is a worthless existence are are angry about it and lash out.

USMC

October 15th, 2012
12:25 pm

Breaking News…. USA TODAY: Another DemocRat Congressman under CRIMINAL INVESTIGATION!
http://www.usatoday.com/story/onpolitics/2012/10/15/jesse-jackson-jr-criminal-probe-campaign-money-fbi/1634085/

Just another Manic Monday! :-)

TiredOfIt

October 15th, 2012
12:26 pm

YouLibs
October 15th, 2012
11:46 am

We sit on about 3% of the world’s estimated reserves. We consume more than a quarter of the world’s production. You do the math.
++
Is that real math or Ryan/Romney math?

Joe Hussein Mama

October 15th, 2012
12:27 pm

“Morality” — “Show my “work” – google under wind turbines facts & myths & pros & cons.”

No, YOU Google it and show us the links you’re relying on.

Oh, BTW, you’re wrong downstairs about how long someone can serve as President. You pretty clearly need to read the Twenty-Second Amendment before you start talking smack about others being “uneducated illiterates” and “Gub’ment 101″ being in session.

The limit’s ten years, not eight.

indigo

October 15th, 2012
12:28 pm

“considerably enhanced profit margins”

And, of course, a tidy chunk of these profits goes to the Republican Party. This guarantees Big Oil a large number of House and Senate toadies who will do what they are told when they are told.

Money talks in America. Grow up and lose those illusions of a “compassionate conservative” Party that actually cares for the people.

Morality?

October 15th, 2012
12:28 pm

Rev Rat needs to learn how to ask for forgiveness and pray for God to Bless America…. instead of ranting “G.D. America”! What a sad hate filled man.

Brosephus™

October 15th, 2012
12:28 pm

frog

That might help a bit, but as long as we’re using plastics to the extent that we are, nothing will change.

A plastic material is any of a wide range of synthetic or semi-synthetic organic solids that are moldable. Plastics are typically organic polymers of high molecular mass, but they often contain other substances. They are usually synthetic, most commonly derived from petrochemicals, but many are partially natural.

http://en.wikipedia.org/wiki/Plastic

barking frog

October 15th, 2012
12:28 pm

There is no oil market just
an oil companies market
that consists primarily
of the USA.

getalife

October 15th, 2012
12:28 pm

marty,

Jobs are jobs and he created 5 million with your failed party fighting against them.

Show some humility and tell us your party deserves to lose because of this fact.

They ran on jobs in 10 and passed no jobs bill.

That is epic failed.

scrappy

October 15th, 2012
12:30 pm

This, and the AJC headline stating that Romney leads in GA are just shocking! Shocking I tell you! (eye-roll)

Anyone with a basic ECON 101 knowledge should know this already…oh wait, that is too much to ask for from GA voters.

willie lynch

October 15th, 2012
12:30 pm

I hope Jesse Jr. hangs in there. I’d hate to see him resign over something so serious as involvement with prostitutes or the affair with a staffers wife. Oh wait! That was David Vitter and John Ensign. My bad.

Joe Hussein Mama

October 15th, 2012
12:30 pm

“Morality” — “Let me clear that up – solar energy is the answer to our problem eventually. Solar panels? We still have a long way to go.”

I think it’s a mistake to insist that we solve our energy issues with *one* method entirely. IMO, if we can get 10% of our energy needs from solar, 10% from wind and squeeze out another 10% just from efficiencies on our current systems, that’s almost a third of our energy needs covered right there.

This is an incremental process, not a KABOOM, overnight everything changes sort of situation.

USMC

October 15th, 2012
12:30 pm

EPAs “philosophy” is to “crucify” and “make examples” of US energy producers
http://www.youtube.com/watch?v=ze3GB_b7Nuo

Obama Administration’s “Energy” policy is to CRUCIFY American Energy producers.

EPA official, “Pasha Bookman’s Hero”, resigns over ‘crucify’ flap
http://www.csmonitor.com/USA/Latest-News-Wires/2012/0430/EPA-official-resigns-over-crucify-flap

stevie ray...clowns and jokers

October 15th, 2012
12:31 pm

BRO et al

Here’s one opinion about our dependence become less that is from the left no doubt..

Increased drilling and increased fuel economy..Price won’t go down as Ive repeatly suggested but this is a good start to continue to reduce our dependence..

http://www.npr.org/2012/01/24/145719179/foreign-oil-imports-drop-as-u-s-drilling-ramps-up

Speaking of alternative energy and stimulus/state investments…outsourcing potential and return on investment…check this out..too bad chinese didn’t rescue solyndra..

http://www.freep.com/article/20121007/BUSINESS06/310070114/Chinese-firm-positioned-to-acquire-U-S-funded-battery-maker-A123-Systems

Marty Huggins'

October 15th, 2012
12:31 pm

getalife
October 15th, 2012
12:19 pm

““I am usually dead wrong but Obama blah, bla, blah….”

This you are correct about because I was dead wrong when I voted for Obama in 08 and do not intend to make the same mistake twice.

Fool me once….. You know the rest

bob

October 15th, 2012
12:32 pm

If our drilling has no effect whatsoever then we should stop it all now. Why should we spoil our beaches or the wonderful prudhoe bay area when we gain nothing from it ? And can someone tell Nancy Pelosi or Harry Reid what causes the price of oil to go up because they told us for several years that the only reason prices went up was because of two oilmen in the whitehouse. You can say we should not drill and it would have no effect but I would bet that if we outlawed all domestic oil production world wide pricing would go up.

bob

October 15th, 2012
12:33 pm

Don’t worry Willie, he will resign over theft/graft charges.

Paul

October 15th, 2012
12:33 pm

USMC

What happened to the guy who spoke those remarks?

godless heathen

October 15th, 2012
12:33 pm

And of course democrats, liberals, progresives, greens and people with
a brain have known that all along.

Well since 2008 anyway.

barking frog

October 15th, 2012
12:34 pm

Brocephus
Just listing easy alternatives.
Put all military installations
on hydrogen fuel cells.

Common Sense

October 15th, 2012
12:34 pm

“Way to go Obama! Nice of you to give him credit.”

This was despite the best efforts of Barry.

willie lynch

October 15th, 2012
12:34 pm

bob

October 15th, 2012
12:33 pm

If he’s guilty he should. What a precedent!

getalife

October 15th, 2012
12:34 pm

marty,

You are a con.

You never voted for our President..

Can you tell the truth about anything?

getalife

October 15th, 2012
12:36 pm

cons,

Why do you fight for Americans that need no help?

Brosephus™

October 15th, 2012
12:36 pm

Stevie Ray

We still fall victim to world prices, regardless to what we do. Increased fuel efficiency lowers demand here, but it does not impact global demand. That simply frees up more fuel to be exported for additional profit. In 2011, the #1 export for the US was refined oil products, or fuels.

People think of oil and relate it only to gas consumption. Nobody considers other things such as plastic production, lubricants, and other products that come from oil. We would have to cut production and consumption of ALL products, and not just gas, in order to make a difference.

Jay

October 15th, 2012
12:36 pm

” Barack Obama, Nancy Pelosi, Hillary Clinton and Debbie Wasserman Schultz ALL attacked George W. Bush for high gas prices back in 2008. And, BY THE WAY JAY, YOU DIDN’T POO POO ON THAT STUPIDITY THEN.

Actually, I said the same thing under Bush as I say now:

http://news.google.com/newspapers?nid=1817&dat=20060502&id=N280AAAAIBAJ&sjid=0qcEAAAAIBAJ&pg=6700,176344

http://northbynwa.com/2008/05/15/feel-good-legislation-congress-symbolic-energy-bill/

Marty Huggins'

October 15th, 2012
12:36 pm

getalife
October 15th, 2012
12:28 pm

I’m speaking about green jobs specifically!
Obviously this was a campaign promise you don’t want to talk about.

Also not my party. I don’t link myself to a party.

I understand it does make things easier for you to be able to do that but it just shows your complete disregard for integrity or to have any accuracy in what you post.

You are just another among may dividers.

Lots easier to put those who do not think like you into groups.
It’s easier to fight windmills than real monsters ain’t it?

Tommy Maddox

October 15th, 2012
12:36 pm

Oh – did they open up ANWAR or bring back those rigs to the Gulf? When?

Have more refineries been built lately? Where?

Just wondering. Must be Pres. Bush’s fault again. Blasted oil men…

USMC

October 15th, 2012
12:37 pm

Comrade Obama on his way to tomorrow night’s Debate… :-)
http://www.youtube.com/watch?v=wRXKHTTzayU

DannyX

October 15th, 2012
12:37 pm

“Oh wait! That was David Vitter and John Ensign. My bad.”

Don’t forget about Scott DesJarlais, the anti-abortion Republican Tennessee congressman. He was hit with an ethics complaint today.

Who knew having an affair and advocating abortion is an anti-abortion family values Republican ideal? Time to move to Georgia, Scott, you can still be governor.

moonbat betty

October 15th, 2012
12:38 pm

getalife,

We fight for Truth, Justice and the American Way!

Now as far as drilling for oil…Why should American boys be doing the job of Arab boys?

getalife

October 15th, 2012
12:39 pm

marty,

Who do you fight for the wealthy that does not need your help?

Mighty Righty

October 15th, 2012
12:39 pm

Since the V.P. debate last Thursday, I have been searching my memory. I know I have seen that goofy looking grin somewhere that Biden so abundantly displayed. It kinda reminded me of the grins you see in National Geographic photgrsaphs when the natives row out in their out rigger canoes to get gifts from the sailors or tourists. But that wasn’t quite it Then, watching TV Satuday, Dr. Keith Ablow, noted psychiatrist was questioned about the disconnect between Biden’s laughter and the subject matter to say nothing of his out right dishonesty. Dr. Ablow made an astute analysis. While admitting he did not diagnose Biden, he stated that if he had someone come to him with the same symptoms as displayed by Biden he would be concerned for Dementia. He said he would first test for Alcohol and finding none would recommend MRI and brain scans for Dementia. Dr. Ablow is a very well known and prestigious forensic psychiatrist that is one of the tops in his field. Friends of Biden should be aware and try to help the curent VP. This is a ver serious matter.

Morality?

October 15th, 2012
12:39 pm

Term limit under normal circumstances for the President of the U.S. is four years and he/she can, if reelected, serve two terms. You know that it takes an act of Congress under emergency circumstances to extend the term of the President – ala Roosevelt during WWII.
Term limits for Obama is 4 years. If reelected? 4 years or 8 years total. Thank goodness. Do your own googling and prove me wrong.

Paul

October 15th, 2012
12:39 pm

“Comrade Obama ”

So goes the reputation of the US Marine Corps -

alittlecommonsense

October 15th, 2012
12:41 pm

With most things, (i.e. the economy) the president has some ability to effect outcomes. He generally doesn’t have as much abilty as he is given credit / blame for. This is one of those situations. He has some limited ability to effect gas prices. Why not use what ability he has? The side effects of ramping up domestic production? Increased emploment, and reduced dependance on foreign oil.

Are any of those three issues going to be magically “solved”? No. But why not do what you can to make them better?

getalife

October 15th, 2012
12:42 pm

moonbat,

You lied at truth.

There are jobs in North Dakota that are going unfilled because there is no housing or anything to do.

USMC

October 15th, 2012
12:43 pm

“So goes the reputation of the US Marine Corps” -Paul

So goes the reputation of homosexual men living in Dallas, named Paul :lol:

barking frog

October 15th, 2012
12:44 pm

70% of oil consumption is
for transportation.
Stop riding and hauling so
much.

getalife

October 15th, 2012
12:44 pm

usmc,

Homophobe much bigot?

USMC

October 15th, 2012
12:45 pm

“There are jobs in North Dakota that are going unfilled because there is no housing or anything to do.”–Getalife

Getalife those NEEDS will get FILLED by the MARKET. It’s called “Supply and Demand”.
Some smart, hardworking person(s) will come along and fill those needs.

stevie ray...clowns and jokers

October 15th, 2012
12:45 pm

BRO,

I’m not suggesting that increased domestic production will lower prices…I’m saying any decrease in our dependence on oil from countries that aren’t truly allies…is a good thing…

Marty Huggins'

October 15th, 2012
12:47 pm

getalife
October 15th, 2012
12:34 pm

You are right.

Can I borrow your crystal ball for the lottery this week?

Maybe your telepathic abilities next time I take my car to the mechanic?

Have a nice day you have shown yourself to be a joke again.

It’s like Saved by The Bell.
I know you suck and have no real thought but I get sucked in each time.