Bush Now Is Telling The Public That He Has Nothing To Do with High Oil Prices

Quote from bkveen3:

Admitting that headlines about war are driving crude prices and not supply/demand is admitting that it is speculation driving the market. The war itself did almost nothing to the supply of oil to the world market. Although Iraq has enormous amounts of oil under its feet its production pre and post war is an insignificant amount. The one thing that is true whether you agree with the war or not is that the country has a chance of being a major producer now. Before the war the infrastructure was barely able to keep up with current production. Hopefully with an influx of western money Iraqs vast reserves will start pumping oil into the worlds markets for years to come. Now... other than giving speculators news to trade on how did bush push prices up?

interesting viewpoint
 
well, if we just pick a label,

any label,

then one can blame those who are labeled with that label...

and that is the sum weight of intelligence on the topic....


so, then the Democrats are responsible for.....
and the Republicans are responsible for....
and the Liberals are repsonsible for....
and the Neutrals are responsible for....


what is important is taking significant action in an expedited way, similar to the way that major issues were addressed, resolved and others tackled during the late 1930's.....

its not high fuel prices (diesel, gasoline, heating oil, etc.) that will cause conservation....

its not high/low/targetted taxes that will cause conservation....

its not throwing labels or blame or names that will cause conservation....

its determined action!
 
oil was 12 bucks a barrel in 1998..

if big oil could control prices, why on earth would they let it go so low.

is was probably those fvcking speculators
 
Quote from ken__0:

crazy facts
Iraqi oil pre war paid 5cents a gallon
now now they pay 65 cents and its imported from kuwait
and i encourage you to actually read previous post's

Well it just so happens this isn't about what Iraqi citzens pay for gasoline but rather how much Iraq contributes to world oil supply. Assuming that our commodities market runs on pure supply and demand (a far cry from the truth) it would stand to reason that in order for the war in Iraq to have created the ridiculous prices it would have had to disrupt a large supply of oil. I reason that this is far from the truth. Short article give it a read. IEA says your wrong.

http://www.huffingtonpost.com/2007/12/14/iraq-oil-exceeds-prewar-_n_76863.html
 
Quote from daddyeaux:

continually facinates me how the public thinks it has some sort of right to 2 dollar gas.

and the govenors of the east and west coast states refuse to consider drilling off their coasts

and God forbid that we allow drilling on public land in the west which is a desert blast furnace anyway or ANWAR which is a sheet of ice 10 months out of the year

and the Democrats want to NATIONALIZE the refinery business..

imagine the Democrats trying to run a refinery..

we'll see $7 gas before we ever see 2



First:

Bush Sr. was responsible for closing off vast offshore areas and the artic.

Second:

Bush+Cheney are responsible for this oil rise. It's been well planned since before bush got (s)elected. That's why Cheneys "energy task force" minutes are missing.

Third:

It's time neocons took some responsibilty for their own actions.

Stop blaming "democrats" and the boogey man for your own retarded govt. policies.



Oil is up, because the USD is down.

USD is down because of neocon govt. policies.

Grow up and start behaving like real men. For once in your miserable lives, learn to take some responsibility.
 
Quote from bkveen3:

Well it just so happens this isn't about what Iraqi citzens pay for gasoline but rather how much Iraq contributes to world oil supply. Assuming that our commodities market runs on pure supply and demand (a far cry from the truth) it would stand to reason that in order for the war in Iraq to have created the ridiculous prices it would have had to disrupt a large supply of oil. I reason that this is far from the truth. Short article give it a read. IEA says your wrong.

http://www.huffingtonpost.com/2007/12/14/iraq-oil-exceeds-prewar-_n_76863.html
I really dont care what the iea says or some lame news read
common sense stands the test of time.
its not the world's oil its iraq's oil and they can do with it what they please .
Its not their commodity market its ours and thusly should not apply to a sovereign nation that chose's not to engage in it
They are not are slave's.
the iraq war has created a massive governmental spending increase on the basis of a lie as outlined in article 1 and 2 of gw's impeachment.
this war has in turn devalued are dollar, destabilized the entire middle eastern region, and is now the epicenter of a entire global economic crisis.
this is just one of many of this administrations policie's/ actions, that has led to this current crisis.
When you let greed and ego decide the policie's of a nation, we are doomed from the start.
 
I hate to tell you but devaluation of the dollar is not the only cause behind the rise in oil. We can find evidence for this fact by measuring how much oil is up in other currencies. When its up several hundred percent in all currencies its not just the dollar. End of story. Has the falling dollar made this super spike hurt more than it would have... of course. But you can't put even close to full blame on it.
 
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