I just heard Kerry say that President Bush is behind the high gas prices.

[DZip]

Kerry just said that President Bush's economic plan is to loose 3 million jobs and raise gas to $3.00 a gallon. Did anyone hear how the President plans on doing this? I would hate to think that Kerry made this up. Would Kerry lie? Where is all "the oil for blood"?

 

[Gaard]

He said it twice?

 

[nutxo]

Originally posted by: DZip
Kerry just said that President Bush's economic plan is to loose 3 million jobs and raise gas to $3.00 a gallon. Did anyone hear how the President plans on doing this? I would hate to think that Kerry made this up. Would Kerry lie? Where is all "the oil for blood"?

Was that at the same time he was calling a SS agent a SOB for getting in his way on the slopes?

 

[Perknose]

Originally posted by: DZip
Kerry just said that President Bush's economic plan is to loose 3 million jobs and raise gas to $3.00 a gallon. Did anyone hear how the President plans on doing this? I would hate to think that Kerry made this up. Would Kerry lie? Where is all "the oil for blood"?

Link? Source?

 

[Gonad the Barbarian]

Bush has been filling the oil reserves instead of using them. It may make sense to conserve them, but we have them for a reason - now would be a perfect time to use them. Instead he's filling them up, and at these prices that just doesn't make sense unless the situation is likely going to get worse and Bush knows it. Here's a related article I pulled up in a quick search:

http://www.washtimes.com/business/20040324-121402-7035r.htm

Bush may not be behind it all, but he sure is hell isn't helping, and high gas prices hurt every area of the economy, so what he's doing just doesn't make sense on several levels given this country's current state.

 

[tnitsuj]

Originally posted by: Gonad the Barbarian
Bush has been filling the oil reserves instead of using them. It may make sense to conserve them, but we have them for a reason - now would be a perfect time to use them. Instead he's filling them up, and at these prices that just doesn't make sense unless the situation is likely going to get worse and Bush knows it. Here's a related article I pulled up in a quick search:

http://www.washtimes.com/business/20040324-121402-7035r.htm

Bush may not be behind it all, but he sure is hell isn't helping, and high gas prices hurt every area of the economy, so what he's doing just doesn't make sense on several levels given this country's current state.

Oil reserves are for actual EMERGENCIES. Not price controls. Jeebus,,,,,people whine and bitch about gas prices. You should go just about anywhere else in the world and see what gas costs.


Repeat after me "Strategic Petroleum Reserve". Saving you ten bucks at the pump is not sufficient reason to tap it.

 

[Gonad the Barbarian]

Originally posted by: tnitsuj

Originally posted by: Gonad the Barbarian
Bush has been filling the oil reserves instead of using them. It may make sense to conserve them, but we have them for a reason - now would be a perfect time to use them. Instead he's filling them up, and at these prices that just doesn't make sense unless the situation is likely going to get worse and Bush knows it. Here's a related article I pulled up in a quick search:

http://www.washtimes.com/business/20040324-121402-7035r.htm

Bush may not be behind it all, but he sure is hell isn't helping, and high gas prices hurt every area of the economy, so what he's doing just doesn't make sense on several levels given this country's current state.

Oil reserves are for actual EMERGENCIES. Not price controls. Jeebus,,,,,people whine and bitch about gas prices. You should go just about anywhere else in the world and see what gas costs.


Repeat after me "Strategic Petroleum Reserve". Saving you ten bucks at the pump is not sufficient reason to tap it.

The reserves are for "strategic" purposes - not just for emergencies, but for when it's a strategic benefit to use them. Out of either insight or ignorance Bush feels it is a better strategy not to use them now. Not only that, he feels it's more strategic to pay higher prices to fill them thus inflating the national debt, driving prices even higher for everyone by the demand increase, and slowing any economic improvement that would come from cheaper fuel prices. I'm not worried about the actual gas price for myself as much as I am about this behavior and the effect on the country. Like I said, either Bush is acting out of ignorance - doing the wrong thing and the country is paying an unecessary price, or he's acting out of insight - doing the right thing, which means we are in for far worse sh1t down the road and Bush knows it.

 

[feralkid]

Originally posted by: tnitsuj

Originally posted by: Gonad the Barbarian
Bush has been filling the oil reserves instead of using them. It may make sense to conserve them, but we have them for a reason - now would be a perfect time to use them. Instead he's filling them up, and at these prices that just doesn't make sense unless the situation is likely going to get worse and Bush knows it. Here's a related article I pulled up in a quick search:

http://www.washtimes.com/business/20040324-121402-7035r.htm

Bush may not be behind it all, but he sure is hell isn't helping, and high gas prices hurt every area of the economy, so what he's doing just doesn't make sense on several levels given this country's current state.

Oil reserves are for actual EMERGENCIES. Not price controls. Jeebus,,,,,people whine and bitch about gas prices. You should go just about anywhere else in the world and see what gas costs.







Repeat after me "Strategic Petroleum Reserve". Saving you ten bucks at the pump is not sufficient reason to tap it.

Maybe in theory.

But why do you think it needed to be refilled in the first place?

Because it was tapped (During the Gulf War) to STABILIZE PRICES.

By President George Herbert Walker Bush.

 

[chess9]

Gas prices are too low. When they get to $5 a gallon maybe more folks will start taking mass transit, walking, car pooling, biking, or, heck, swimming (If you live in Staten Island and work in Manhattan! I actually swam that stinkin' river....)

-Robert

 

[CADsortaGUY]

Originally posted by: tnitsuj

Originally posted by: Gonad the Barbarian
Bush has been filling the oil reserves instead of using them. It may make sense to conserve them, but we have them for a reason - now would be a perfect time to use them. Instead he's filling them up, and at these prices that just doesn't make sense unless the situation is likely going to get worse and Bush knows it. Here's a related article I pulled up in a quick search:

http://www.washtimes.com/business/20040324-121402-7035r.htm

Bush may not be behind it all, but he sure is hell isn't helping, and high gas prices hurt every area of the economy, so what he's doing just doesn't make sense on several levels given this country's current state.

Oil reserves are for actual EMERGENCIES. Not price controls. Jeebus,,,,,people whine and bitch about gas prices. You should go just about anywhere else in the world and see what gas costs.


Repeat after me "Strategic Petroleum Reserve". Saving you ten bucks at the pump is not sufficient reason to tap it.

I agree. People need to quit bitching about this. Gas has been cheap for a long time and has not followed inflation IIRC.

CkG

 

[XMan]

Originally posted by: feralkid

Originally posted by: tnitsuj

Originally posted by: Gonad the Barbarian
Bush has been filling the oil reserves instead of using them. It may make sense to conserve them, but we have them for a reason - now would be a perfect time to use them. Instead he's filling them up, and at these prices that just doesn't make sense unless the situation is likely going to get worse and Bush knows it. Here's a related article I pulled up in a quick search:

http://www.washtimes.com/business/20040324-121402-7035r.htm

Bush may not be behind it all, but he sure is hell isn't helping, and high gas prices hurt every area of the economy, so what he's doing just doesn't make sense on several levels given this country's current state.

Oil reserves are for actual EMERGENCIES. Not price controls. Jeebus,,,,,people whine and bitch about gas prices. You should go just about anywhere else in the world and see what gas costs.







Repeat after me "Strategic Petroleum Reserve". Saving you ten bucks at the pump is not sufficient reason to tap it.

Maybe in theory.

But why do you think it needed to be refilled in the first place?

Because it was tapped (During the Gulf War) to STABILIZE PRICES.

By President George Herbert Walker Bush.

The same was done by Clinton.

Text

 

[conehead433]

The plan is for dubya to act and drastically reduce gas prices just in time for the election. Having
a bunch of buddies in the oil biz pays off.

 

[klah]

http://www.forbes.com/business/energy/newswire/2004/03/29/rtr1316014.html

"This administration has one economic policy for America," Kerry told a town hall meeting in Sacramento. "Three million jobs lost and driving gas prices to $3 a gallon."

Gasoline Prices (Inflation-Adjusted) 1980-Present

 

[BugsBunny1078]

Simple greed, Gas companies making record profits due to record high prices. Is Bush behind it? Who knows? Is he allowing it? Obviously yes.

 

[conjur]

I'm still trying to figure out how one "looses" jobs.

 

[BugsBunny1078]

Everyone spells lose wrong nowadays . It's like some virus.

 

[Wolfdog]

There seems to be stuff flying about that the cost rise is due to new EPA regulations, which costs the refineries extra. I know that Denver failed thier air quality test last year, and are now required to supply a cleaner gas product by law. Wait though, it is only supposed to cost an extra 4c on the dollar. So where is this 15c+ rise coming from? This is where the governmnet is supposed to come in and tell the oil monopolies that they won't be gouging the consumer this time. Is this happening though. NO!!!! He must be trying to send the nation back into a major recession. Since the extra money people would be spending on extraneous goods and services is now being spent at the pump. I have to ask WHERE IS THE LEADERSHIP???? Even Bush Sr had enough sense to stabilize the gas prices.

 

[Tripleshot]

Since just about everything you touch, see, hold, wear, taste etc, is broughtto you by a truck that consumes fuel at these high rates, your cost is going to go up. Your income isn't. Your so called tax rebate (AKA Bribe for votes) is being sucked dry by the oil companies every time you gas up or see a truck running down the highway.

Cheers, you braindead republicans. You voted this scumbag Bush in, you knew he and Cheney are tied to oil and energy control. You were told time and again in 2000. Now you see what we warned you about. Just add a little country invasion stir and mix, and walla, you got what you paid for. You know live in one of the most hated and despised countries on the planet, coutesy of your ditto head vote and your myopic vision.:disgust:

 

[CADsortaGUY]

Originally posted by: Tripleshot
Since just about everything you touch, see, hold, wear, taste etc, is broughtto you by a truck that consumes fuel at these high rates, your cost is going to go up. Your income isn't. Your so called tax rebate (AKA Bribe for votes) is being sucked dry by the oil companies every time you gas up or see a truck running down the highway.

Cheers, you braindead republicans. You voted this scumbag Bush in, you knew he and Cheney are tied to oil and energy control. You were told time and again in 2000. Now you see what we warned you about. Just add a little country invasion stir and mix, and walla, you got what you paid for. You know live in one of the most hated and despised countries on the planet, coutesy of your ditto head vote and your myopic vision.:disgust:

Forget your meds today 3shot? Cripes. Take a pill.

Oh, and maybe you should take a little look-see at that gas price inflation chart.

CkG

 

[XMan]

Supply versus demand; there are a limited number of oil refineries to produce gasoline, ergo, as demand increases (private car ownership is at record highs in this country) the supply, which is fixed by the very nature of refinement (no new refineries have been built in ~20 years) is stressed more, and prices rise.

It's easily remedied - simply allow for the construction of more refineries, or limit the number of cars on the road. It's obvious which choice is the more palatable of the two.

 

[alchemize]

Originally posted by: Tripleshot
Since just about everything you touch, see, hold, wear, taste etc, is broughtto you by a truck that consumes fuel at these high rates, your cost is going to go up. Your income isn't. Your so called tax rebate (AKA Bribe for votes) is being sucked dry by the oil companies every time you gas up or see a truck running down the highway.

Cheers, you braindead republicans. You voted this scumbag Bush in, you knew he and Cheney are tied to oil and energy control. You were told time and again in 2000. Now you see what we warned you about. Just add a little country invasion stir and mix, and walla, you got what you paid for. You know live in one of the most hated and despised countries on the planet, coutesy of your ditto head vote and your myopic vision.:disgust:

Yes, I'm sure they control the prices. In fact, they've decided that "they'll make their buddies rich", even at the expense of the economy and the election. Why, they even went to war for oil so we could have low gas...err...wait...

 

[etech]

X-Man, it's even more complicated than that.

There are at least 18 different formulations of gasoline that are required by different states. If a refinery in one of those areas has problems than the price will rise because you can't simply ship it in from another region.

EPA

There is also the problem of meeting the low sulfur requirements for gasoline that start next year. Many refinierys had longer than normal turn arounds to install new equipment this year.

And in California, there was a fire at one refinery and another one had trouble starting back up after turnaround.

Add in the colder than normal late weather and the high price of oil. Venzuala stoking fears and China using much more oil and you have a rise in prices.


Not one of these bafoons blaming it on Bush has an iota of proof that he wants higher fuel prices.

 

[XZeroII]

Originally posted by: X-Man
Supply versus demand; there are a limited number of oil refineries to produce gasoline, ergo, as demand increases (private car ownership is at record highs in this country) the supply, which is fixed by the very nature of refinement (no new refineries have been built in ~20 years) is stressed more, and prices rise.

It's easily remedied - simply allow for the construction of more refineries, or limit the number of cars on the road. It's obvious which choice is the more palatable of the two.

It would be nice if gas followed supply and demand, but it doesn't (for the most part). Oil companies are are a Cartel. This means that they basically fix the price at whatever they feel like and we pay it. Supply and demand might work on a small level (about 15 cents max), the Cartel decides what the price will be.


I guess taxes also determine price too. $.50 per gallon here in WI

 

[Hayabusa Rider]

I wonder what oil prices would be if we didn't have this obscene war? Lower I would think.

Oh well, it isn't as bad as all that. Just part of that trillion dollar boondoggle.


So what we have going on is...

Lower supply.
Change over from winter formulation
"War Premium"


That's the lion's share.

 

[Hayabusa Rider]

Oh well, since it's a double post, I might as well link to something nice