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Global Warming on 15-Year Hold
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“Climate” and the Campaign
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Germany’s Green Bubble Follows Spain’s; Will Congress Waste More Billions on Ours?
December 15, 2011 | 3 comments
The Spectacle Blog
Politico has the following story/headline, “Obama blames gas prices for poll numbers,” available free at the Senate EPW Committee.
That’s funny. The poll numbers blame Obama for high gas prices.
View all comments (10) | Leave a comment
More Blog Posts by Chris Horner
http://spectator.org/blog/2011/04/22/the-gas-price-blame-game
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Oldefarte| 4.22.11 @ 3:44PM
This guy is a MORON, but of course most egghead-academians are anyway, so what else is new? Maybe when he get's GIBBS'ED in November of 2012, it'll finally dawn upon him as to what the truth really is and isn't!!!!!!!!
c. j. acworth| 4.22.11 @ 5:52PM
An AP news headline scrolling across the top of my screen yesterday said something like "Obama to appoint commission to investigate gas price rise". The theory being, I suppose, that the spike in gas prices is due to those "billionaire" oil speculators or something. The idea that it might have more to do with the fact that his administration has placed a virtual halt on new drilling, and the Fed is debasing the dollar as fast as it can to provide "stimulus" seems not to have occoured to him.
The Bruce| 4.23.11 @ 1:45AM
C. J., To this president, everything's going according to plan. But he needs another four years to ensure the devastation is complete.
Hence the reason he points his dirty finger to speculators and the like. Nothing he or Bernake is doing is to be scrutinized. And the MSM follows along, like the lapdogs they are.
Amazing, even on O'Reilly today, none of the experts were pointing to the devaluation of the dollar and monetary policy. It was the same old left-right argument.
Seems like a great many people don't understand that oil is traded globally in USD. Not to mention the effect the Libyan misadventure is having on the market.
Wayne | 4.23.11 @ 1:26PM
Is the price of oil going UP or the value of the dollar going DOWN? Silver has gone UP 150 percent over the past year. All commodities have gone up in terms of the dollar. Obama knows this, Benanke knows this. O'Reilly doesn't because he is a dimwit.
Speculators buy AND sell. That is how they make money. They can not just build up prices. One could have just as easily have said that speculators drove the price down below 40 dollars a gallon also.
Oldefarte| 4.23.11 @ 1:55PM
The price of oil is increasing because of supply and demand. For decades, the Democrats have been in political bed [doing youknowwhat] with the environmental wackos, and the results have been that oil drilling in this nation has been restricted [and now curtailed completely due to this radical moron that's sitting inside the WH]. Speculation and monitorization of currency only nibbles at the fringes of this problem, and the basic cause is again, supply and demand. The latter has been increasing substantially due to expanding consumption of nations such as India and China, while the former is being restricted [at least in this country]. The elephant in the room that no one seems to acknowledge is that the supply/production of oil is mostly in the control of nations that are both foreign and adversarial to this country's best interests. If Russia, Egypt, Saudi Arabia, Iran, Mexico, etc control the majority of oil supplies and the production of oil, and this country [and all others] needs/depends upon a steady/increasing supply of oil for it economic well being, what conclusion does this scenerio provide to us going forward??????????
Tom Osterman| 4.23.11 @ 3:53PM
And while the Dems and ecos were doing their thing, what was the GOP doing? The Dem/enviro alliance blocked the building of new refineries and what was the GOP doing? The EPA mandates a variety of formulae for gasoline for different parts of the country, and what was the GOP doing?
No domestic drilling, no new refineries, regulations that do nothing but make gasoline more costly, and the alleged party of Big Oil did nothing about it during the eight years of George W. Bush. Now the Democrats are in charge and the GOP does nothing and says nothing. God help us.
Oldefarte| 4.24.11 @ 10:38AM
I'm not defending Republicans, BUT for my entire substantial lifetime, DEMOCRATS have been in the majority in DC etc. During the Bush administration, the Democrats controlled congress. Only once for a very very short period of time have Republicans controlled all three branches of government. What did they do? Well they sure as hades were't legislating $billions in government [non]stimulus, welfare designed as healthcare, governmental policies that effectively provided welfare to thousands of financially unqualified home mortgage applicants [who are now going bankrupt, being foreclosed upon by banks, etc because they never had, don't nor ever will have the financial capabilities to pay their mortgages on time and therefore leave it up to us taxpayers to do so], legislating GREAT SOCIETY and WAR ON POVERTY welfare to lazy and stupid indigents so as to garner their votes in payback/return, etc!!!!!!!!!!!!!!!
Wayne | 4.24.11 @ 1:25PM
Where is the GOP, and why aren't they demanding we drill in ANWR? They seem to have retreated into the background.
Oldefarte| 4.24.11 @ 2:23PM
They have been demanding [without success due to the Democrats' legislative control] that oil drilling be performed in not only Alaska, but the Gulf of Mexico, the Atlantic, the Pacific etc. Have you not been paying attention to the Democrats' dastardly drilling permit moratorium restrictions in Louisiana post BP oil spill [and what same has cost in the attrition of high paying oil company jobs lost]???????????????
Oldefarte| 4.24.11 @ 2:27PM
PS, do you knot know that the BP oil disaster would have been easily capped/stopped and not allowed its devastating effects with the Gulf waters if BP and other oil companies would have been allowed to drill more economically and proficiently inside more shallow/less deep waters of the Gulf region [but were historically legally restricted from doing so due to insane environmental laws passed]?????????