Author Topic: Drill more, lower gas prices?
SoBaKi 
Posts: 13,052
Registered: Feb 26, '02
Extended Info (if available)
Real Post Cnt: 10,473
User ID: 650,555
Subject: Drill more, lower gas prices?
Not according to this article.

http://www.wtop.com/?nid=209&sid=2795240

"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.

If more domestic oil drilling worked as politicians say, you'd now be paying about $2 a gallon for gasoline. Instead, you're paying the highest prices ever for March.

Political rhetoric about the blame over gas prices and the power to change them _ whether Republican claims now or Democrats' charges four years ago _ is not supported by cold, hard figures. And that's especially true about oil drilling in the U.S. More oil production in the United States does not mean consistently lower prices at the pump."

"The calculations "help make the point that U.S. production and demand have little to do with the price of gasoline in the U.S., and lend support to the notion that there is not a great deal we in the U.S., acting alone, can do to affect the price of gasoline," Peterson wrote in an email. He pointed out that Energy Department figures show that gas prices in the U.S. seem to rise and fall similarly to gas prices in Europe, showing that it has little to do with American drilling.

And that's the key. It's a world market, economists say."

grin



 

-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
Link to this post
Blue_arrow 
Posts: 3,530
Registered: Jul 2, '08
Extended Info (if available)
Real Post Cnt: 3,385
User ID: 1,307,026
Subject: Drill more, lower gas prices?
Shameless… Dems Urge Saudi Arabia to Pump More Oil But Won’t Allow Production Here in US



Now democrats want Saudi Arabia to drill more – not US companies.

Sen. Charles Schumer’s (D-N.Y.) call for increased Saudi Arabian oil production to help ease prices

http://www.thegatewaypundit.com/2012/02/shameless-dems-urge-saudis-to-pump-more-oil-but-wont-allow-production-here-in-us/



so only Muslim oil will lower the gas price ? laugh


 

-----signature-----
Link to this post
Blue_arrow 
Posts: 3,530
Registered: Jul 2, '08
Extended Info (if available)
Real Post Cnt: 3,385
User ID: 1,307,026
Subject: Drill more, lower gas prices?
http://digitalartpress.wordpress.com/2008/06/23/democrats-demand-saudi-arabia-pump-more-oil-but-will-not-lift-drilling-ban-in-america/

DEMOCRATS DEMAND SAUDI ARABIA PUMP MORE OIL BUT WILL NOT LIFT DRILLING BAN IN AMERICA


Democrat enviromarxists moaning that Saudi Arabia will not pump more oil!!! This is a definite media bias. Democrats have blocked lifting the ban on drilling for oil, natural gas, refineries, or alternative energy sources, in America for 30 years.

The Democrat enviromarxist say that we cannot drill our way out of this. Does anyone remember that the Democrat enviromarxists blocked the Alaskan pipeline for three years before they were forced by voters to approve it?

In the seventies the Democrat enviromarxists said that this could not be done. And if it could the time it would take to build this would be too long to provide any relief. Sound like todays arguments from the MSM Democrat enviromarxists. It is the same arguments because all the Democrat enviromarxists have is the 1960's & 70's play book, nothing new. They have sued companies and states for decades, so much that they have blocked progress for decades.


The Democrat enviromarxists Presidential candidate Barack Obama has a plan. Tax the oil companies profits and tell them what kind of energy to sell. The extra 25% tax on oil company profits will only be passed on to the consumer. Former Pres. Jimmy Carter tried this approach in the 70?s, it failed creating higher prices.

The oil company profits are 8.5c/gallon and the Federal gas tax is 18.5c/gallon. So it is the US Government that is making windfall profits and telling the citizens it is the oil companies gouging us. The States get in on this with another 5-9% more per gallon in state and city taxes which adds at least another 20c/gallon


The Democrat enviromarxists want corn to be made into a fuel. That has worked so well that the price of corn has tripled and everything has gone up at least 20%-50%. Food riots have broke out across the world because the poor cannot afford the vast increases. This has happened because we took a FOOD product and mandated an energy source be made out of it and 15% of our gas supply replaced with it. The ripple effect is huge. Corn is being planted in place of other products like wheat and soy beans around the world causing the shortages in and a huge rise in cost of these products.

The Democrat enviromarxists will pay for this blunder in Novembers election. The American people get it, 67% say drill now! They Democrats say no they will filibuster any attempt to lift the bans in place for 30 years.


 

-----signature-----
Link to this post
SoBaKi 
Posts: 13,052
Registered: Feb 26, '02
Extended Info (if available)
Real Post Cnt: 10,473
User ID: 650,555
Subject: Drill more, lower gas prices?
blew_tard posted:
Facts. Who needs them?

 

-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
Link to this post
Brother_Tempus 
Title: Patriot
Posts: 48,624
Registered: Jan 9, '01
Extended Info (if available)
Real Post Cnt: 48,310
User ID: 61,868
Subject: Drill more, lower gas prices?
sound currency will bring lower gas prices

 

-----signature-----
You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
Link to this post
SoBaKi 
Posts: 13,052
Registered: Feb 26, '02
Extended Info (if available)
Real Post Cnt: 10,473
User ID: 650,555
Subject: Drill more, lower gas prices?
Brother_Tempus posted:
silly

 

-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
Link to this post
imaloon1 
Posts: 25,153
Registered: Sep 15, '03
Extended Info (if available)
Real Post Cnt: 19,758
User ID: 838,293
Subject: Drill more, lower gas prices?
Brother_Tempus posted:
sound currency will bring lower gas prices



Not even a perfect currency situation will put more oil back in the ground.



The downside of this energy source being used up will not be pretty... Piss on your dollar weakening.

 

-----signature-----
The time draws nearer to your fate
Link to this post
Tych2 
Title: Obama Appointed Outpost Czar
Posts: 40,411
Registered: Mar 1, '05
Extended Info (if available)
Real Post Cnt: 33,378
User ID: 1,032,223
Subject: Drill more, lower gas prices?
I filled up one of my tanks at $3.79 this morning. I went out for lunch and saw it at $3.83 at the same station. People are getting annoyed.

Who do you think they will take that out on?

 

-----signature-----
We have enough youth. What we need is a fountain of smart.
Drill Anwar!
Kapie
Drevid in Tanks
Link to this post
Kjarhall 
Title: The Pungent One
Posts: 29,212
Registered: Mar 1, '02
Extended Info (if available)
Real Post Cnt: 23,233
User ID: 652,381
Subject: Drill more, lower gas prices?
Brother_Tempus posted:
sound currency will bring lower gas prices


Our currency is no less sound than it was when gas was last at $2.

Maybe they're adding gold to the gas now. shock

 

-----signature-----
You're a crazy moron*
*http://vnboards.ign.com/outpost/b22180/115147923/r115151508/
hah! true story tho i'm a woman an i even love boobs..how can you not??- HallowEve
Link to this post
-Espiritu- 
Posts: 10,404
Registered: Nov 29, '04
Extended Info (if available)
Real Post Cnt: 9,216
User ID: 999,377
Subject: Drill more, lower gas prices?
Canada shipping oil to the pacific coast, loading it on ships, and sailing that oil to china = good for the environment.

#reasonstovoteagainstKeystoneXL

 

-----signature-----
Espiritu - SWTOR (retired)
Espiritu (MajorMUD, UO, DAoC, SB, FFXI, WoW, WAR, Travian, SC2, SWTOR)
Link to this post
SoBaKi 
Posts: 13,052
Registered: Feb 26, '02
Extended Info (if available)
Real Post Cnt: 10,473
User ID: 650,555
Subject: Drill more, lower gas prices?
Tych2 posted:
I filled up one of my tanks at $3.79 this morning. I went out for lunch and saw it at $3.83 at the same station. People are getting annoyed.

Who do you think they will take that out on?


We know who. Unfortunately, they don't know why.

 

-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
Link to this post
SoBaKi 
Posts: 13,052
Registered: Feb 26, '02
Extended Info (if available)
Real Post Cnt: 10,473
User ID: 650,555
Subject: Drill more, lower gas prices?
-Espiritu- posted:
MORE OIL WILL LOWER PRICES!
\

You really aren't paying attention.

At all.

 

-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
Link to this post
Tych2 
Title: Obama Appointed Outpost Czar
Posts: 40,411
Registered: Mar 1, '05
Extended Info (if available)
Real Post Cnt: 33,378
User ID: 1,032,223
Subject: Drill more, lower gas prices?
SoBaKi posted:
Tych2 posted:
I filled up one of my tanks at $3.79 this morning. I went out for lunch and saw it at $3.83 at the same station. People are getting annoyed.

Who do you think they will take that out on?


We know who. Unfortunately, they don't know why.
Exactly. People are pissed and they want to lash out. Unfortunately the people in power will take the brunt of the lashing out.

 

-----signature-----
We have enough youth. What we need is a fountain of smart.
Drill Anwar!
Kapie
Drevid in Tanks
Link to this post
-Espiritu- 
Posts: 10,404
Registered: Nov 29, '04
Extended Info (if available)
Real Post Cnt: 9,216
User ID: 999,377
Subject: Drill more, lower gas prices?
wait, it's a world market, right?

So any conservation we enact here, is just absorbed by growth elsewhere, right?

#stopKeystoneXL

 

-----signature-----
Espiritu - SWTOR (retired)
Espiritu (MajorMUD, UO, DAoC, SB, FFXI, WoW, WAR, Travian, SC2, SWTOR)
Link to this post
SoBaKi 
Posts: 13,052
Registered: Feb 26, '02
Extended Info (if available)
Real Post Cnt: 10,473
User ID: 650,555
Subject: Drill more, lower gas prices?
-Espiritu- posted:
8 MPG SUVs are STILL GOOD!


silly

 

-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
Link to this post
Szerek 
Posts: 4,747
Registered: Aug 8, '00
Extended Info (if available)
Real Post Cnt: 4,343
User ID: 38,666
Subject: Drill more, lower gas prices?
imaloon1 posted:
Brother_Tempus posted:
sound currency will bring lower gas prices



Not even a perfect currency situation will put more oil back in the ground.



The downside of this energy source being used up will not be pretty... Piss on your dollar weakening.


Now, if only we had a way to to make light crude from our trash. Oh wait, we do.

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

Yup, we can turn poop into oil.

 

-----signature-----
"The reason they call it the American Dream is because you have to be asleep to believe it."
"The IQ and the life expectancy of the average American recently passed each other in opposite directions."
- George Carlin
Link to this post
Scarne 
Title: Capo di Scientifico
Posts: 27,710
Registered: Jul 23, '01
Extended Info (if available)
Real Post Cnt: 22,798
User ID: 272,061
Subject: Drill more, lower gas prices?
-Espiritu- posted:
Canada shipping oil to the pacific coast, loading it on ships, and sailing that oil to china = good for the environment.

#reasonstovoteagainstKeystoneXL

Keystone XL will make gas more expensive for the US. The US just gets the benefits of a handful of jobs maintaining the pipeline.

And to ship to the Pacific, Canada has to dig a pipeline through the Rocky Mountains and build a bunch of refineries at one of the Pacific coast port cities. Good luck with that. grin

 

-----signature-----
E Pluribus Unum
Link to this post
Bjorvald 
Posts: 9,251
Registered: Apr 5, '02
Extended Info (if available)
Real Post Cnt: 8,849
User ID: 665,468
Subject: Drill more, lower gas prices?
Tych2 posted:
I filled up one of my tanks at $3.79 this morning. I went out for lunch and saw it at $3.83 at the same station. People are getting annoyed.

Who do you think they will take that out on?


Heh I wish gas was only $3.83 where I am tongue

 

-----signature-----
Bjorvald 9lx healer
Blinknone, various toons on classic
GANKED AGAIN
Link to this post
Blue_arrow 
Posts: 3,530
Registered: Jul 2, '08
Extended Info (if available)
Real Post Cnt: 3,385
User ID: 1,307,026
Subject: Drill more, lower gas prices?
Sen. Charles Schumer’s (D-N.Y.) call for increased Saudi Arabian oil production to help ""ease prices""



 

-----signature-----
Link to this post
SoBaKi 
Posts: 13,052
Registered: Feb 26, '02
Extended Info (if available)
Real Post Cnt: 10,473
User ID: 650,555
Subject: Drill more, lower gas prices?
Blew_everyone posted:
I STILL GOT NOTHING!

 

-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
Link to this post
Friarspam 
Posts: 12,363
Registered: Jan 23, '07
Extended Info (if available)
Real Post Cnt: 10,619
User ID: 1,200,702
Subject: Drill more, lower gas prices?
I guess global price fixing has nothing to do with it, huh?

 

-----signature-----
My folks went on vacation and all I got was this lousy sig.
Link to this post
SoBaKi 
Posts: 13,052
Registered: Feb 26, '02
Extended Info (if available)
Real Post Cnt: 10,473
User ID: 650,555
Subject: Drill more, lower gas prices?
Friarspam posted:
I guess global price fixing has nothing to do with it, huh?


Who would you blame for that?

thinking

 

-----signature-----
"Do what you can, where you are, with what you have." - Teddy Roosevelt
Know god, know sin. No god, no sin.
Dogs are animals.
Link to this post
Voodoo-Dahl 
Posts: 14,875
Registered: May 11, '02
Extended Info (if available)
Real Post Cnt: 13,135
User ID: 677,792
Subject: Drill more, lower gas prices?
SoBaKi posted:
Friarspam posted:
I guess global price fixing has nothing to do with it, huh?


Who would you blame for that?

thinking



OBAMA

 

-----signature-----
(none)
Link to this post
Ashmaele 
Title: Pastor of Muppets
Posts: 19,662
Registered: Jan 15, '02
Extended Info (if available)
Real Post Cnt: 15,903
User ID: 612,352
Subject: Drill more, lower gas prices?
Kjarhall posted:
Brother_Tempus posted:
sound currency will bring lower gas prices


Our currency is no less sound than it was when gas was last at $2.

Maybe they're adding gold to the gas now. shock
laugh

 

-----signature-----
I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
hugs
Link to this post
Eager_Igraine 
Posts: 20,126
Registered: Nov 21, '02
Extended Info (if available)
Real Post Cnt: 19,548
User ID: 740,268
Subject: Drill more, lower gas prices?
Tych2 posted:
SoBaKi posted:
Tych2 posted:
I filled up one of my tanks at $3.79 this morning. I went out for lunch and saw it at $3.83 at the same station. People are getting annoyed.

Who do you think they will take that out on?


We know who. Unfortunately, they don't know why.
Exactly. People are pissed and they want to lash out. Unfortunately the people in power will take the brunt of the lashing out.


Seems very likely. Most people don't want details, just a target for their blame.

 

-----signature-----
I radiate more heat than light.
I know what you're trying to do but you're just sailing another failboat over the falls. - imaloon1
Link to this post
Blue_arrow 
Posts: 3,530
Registered: Jul 2, '08
Extended Info (if available)
Real Post Cnt: 3,385
User ID: 1,307,026
Subject: Drill more, lower gas prices?
http://3.bp.blogspot.com/_P3OgR-4x2a4/TG6-upkQXjI/AAAAAAAAAwA/TiSHBChM4II/s1600/obama-muslim1.jpg

 

-----signature-----
Link to this post
Blue_arrow 
Posts: 3,530
Registered: Jul 2, '08
Extended Info (if available)
Real Post Cnt: 3,385
User ID: 1,307,026
Subject: Drill more, lower gas prices?
http://www.theodoresworld.net/pics/0111/MuslimObamaImage1.jpg

 

-----signature-----
Link to this post
Blue_arrow 
Posts: 3,530
Registered: Jul 2, '08
Extended Info (if available)
Real Post Cnt: 3,385
User ID: 1,307,026
Subject: Drill more, lower gas prices?
http://actforamerica.files.wordpress.com/2011/02/muslims4obama.jpg

 

-----signature-----
Link to this post
theredkay1 
Posts: 6,731
Registered: May 16, '08
Extended Info (if available)
Real Post Cnt: 6,729
User ID: 1,297,378
Subject: Drill more, lower gas prices?
-Espiritu- posted:
wait, it's a world market, right?

So any conservation we enact here, is just absorbed by growth elsewhere, right?

#stopKeystoneXL
[face_thewordmarketconfusesme]



laugh

 

-----signature-----
(none)
Link to this post
-Espiritu- 
Posts: 10,404
Registered: Nov 29, '04
Extended Info (if available)
Real Post Cnt: 9,216
User ID: 999,377
Subject: Drill more, lower gas prices?
what is the word market?

Do they sell Sobukakke and Theredgay?

 

-----signature-----
Espiritu - SWTOR (retired)
Espiritu (MajorMUD, UO, DAoC, SB, FFXI, WoW, WAR, Travian, SC2, SWTOR)
Link to this post
theredkay1 
Posts: 6,731
Registered: May 16, '08
Extended Info (if available)
Real Post Cnt: 6,729
User ID: 1,297,378
Subject: Drill more, lower gas prices?
-Espiritu- posted:
theredkay1 posted:
-Espiritu- posted:
wait, it's a world market, right?

So any conservation we enact here, is just absorbed by growth elsewhere, right?

#stopKeystoneXL
[face_thewordmarketconfusesme]



laugh
Yes the word market does confuse me.


We know. laugh

 

-----signature-----
(none)
Link to this post

Valid XHTML 1.0 Transitional Powered by PHP