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GAS PRICES
Topic Started: Feb 16 2012, 07:22 PM (7,984 Views)
Baldo
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Those little "bears" are back talking about Gas Prices. It is pretty interesting & agrees with much we have been saying. Our USA Dollar buys less..

Gas Prices Explained
http://www.youtube.com/watch?v=40hNSJEKUgo&feature=g-all-u&context=G24419edFAAAAAAAAWAA
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Baldo
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Obama Energy Secretary Chu: I Don't Own A Car

3/8/2012

Energy Secretary Stephen Chu testified today before the House Subcommittee on Energy and Power on the department's FY2013 Budget Request.

Chu was asked if he drove a Chevy Volt, a car he praised during the hearing, but claimed he didn't own a car 'at the moment'.

http://nation.foxnews.com/stephen-chu/2012/03/08/obama-energy-secretary-chu-i-don-t-own-car


Video
http://www.youtube.com/watch?feature=player_embedded&v=eQCGFgqSaD4



Then he laughs!

Of course not. In all likelihood he gets driven around for free in a Govt Paid & Fueled Limousine

:bump: :bump:

Edited by Baldo, Mar 8 2012, 04:44 PM.
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kbp

Baldo
Mar 8 2012, 04:43 PM
Obama Energy Secretary Chu: I Don't Own A Car

3/8/2012

Energy Secretary Stephen Chu testified today before the House Subcommittee on Energy and Power on the department's FY2013 Budget Request.

Chu was asked if he drove a Chevy Volt, a car he praised during the hearing, but claimed he didn't own a car 'at the moment'.

http://nation.foxnews.com/stephen-chu/2012/03/08/obama-energy-secretary-chu-i-don-t-own-car


Video
http://www.youtube.com/watch?feature=player_embedded&v=eQCGFgqSaD4



Then he laughs!

Of course not. In all likelihood he gets driven around for free in a Govt Paid & Fueled Limousine

:bump: :bump:

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LTC8K6
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Assistant to The Devil Himself
http://www.powerlineblog.com/archives/2012/03/obama-democrats-block-keystone.php

Obama, Democrats Block Keystone

President Obama personally lobbied wavering Democrats to kill the Keystone Pipeline today. He was successful; 11 Democrats voted with the Republicans to speed approval of the pipeline, but the Republican amendment to a transportation bill was still defeated. It got 56 votes, but needed 60. 42 Democratic Senators voted against the amendment. The Democrats who defected to vote for lower gas prices were Max Baucus (Mont.), Mark Begich (Alaska), Bob Casey (Pa.), Kent Conrad (N.D.), Kay Hagan (N.C.), Mary Landrieu (La.), Joe Manchin (W.Va.), Claire McCaskill (Mo.), Mark Pryor (Ark.), Jon Tester (Mont.) and Jim Webb (Va.).

The Senate also defeated a proposal by Sen. David Vitter to allow the sale of leases throughout the Outer Continental Shelf, including off the coasts of Florida, California and Virginia, 44-54.

At this point, I think it is safe to say that Barack Obama and the Democrats own the price of gasoline.

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LTC8K6
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Assistant to The Devil Himself
http://michellemalkin.com/2012/03/08/president-keystone/

Has this President ever been held to anything he said or claimed?
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kbp

Nobody expected that Keystone or leasing plan to pass, they introduce it to create voting records for the election. The Dem's do not have enough votes in the Senate to avoid that problem.

Barry getting involved actually stuns me. I suppose it keeps it off his desk, which makes him look worse if he will not sign it, but I never anticipated he'd have to get involved at the Senate level.

So sad, they can't have their cake and eat it too.
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Kerri P.
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http://finance.yahoo.com/blogs/daily-ticker/live-4-gas-economist-sees-hope-u-amid-191518576.html
“We Can Live With” $4 Gas: Economist Sees Hope for U.S. Amid Global Slowing
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kbp

Kerri P.
Mar 9 2012, 06:17 PM
http://finance.yahoo.com/blogs/daily-ticker/live-4-gas-economist-sees-hope-u-amid-191518576.html
“We Can Live With” $4 Gas: Economist Sees Hope for U.S. Amid Global Slowing
What do you expect from Boston?
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Baldo
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A Boston Economist who probably would be lost on a farm, driving a truck, or working in industrial.

Meanwhile our Leader says don't blame me!

Obama defends energy policies amid gas price pain

WASHINGTON, March 12 (Reuters) - President Barack Obama launched the most comprehensive defense to date of his energy policies on Monday, pushing back against election-year attacks from Republicans who say they are to blame for high gas prices that are eroding his popularity with voters.

Heralding a report on energy security showing a big drop in U.S. oil imports, Obama acknowledged pain at the pump that analysts fear could lift gasoline to $5 a gallon in some parts of the country and pose a threat his Nov. 6 bid for re-election.

"Today's high gas prices are a painful reminder that there's much more work to do to free ourselves from our dependence on foreign oil and take control of our energy future," Obama said in a statement on the energy report. "We have made progress."

The 20-page study, which highlighted rising domestic oil and gas production and Obama's steps to lift fuel efficiency, showed U.S. oil imports declined to 8.4 million barrels a day by the end of 2011, versus 11 million barrels a day in January 2009...snipped

http://www.reuters.com/article/2012/03/12/usa-energy-obama-idUSL2E8EC0VI20120312.


Never mentions all the drilling was mostly on private land opened up under Bush, he has stopped most permits in the public lands, the drop in oil usage is because the economy stinks, and worse the dollar has been weakened by his economic policies.

Other than than putting us trillions in debt he has done a great job according to himself!
Edited by Baldo, Mar 12 2012, 08:09 PM.
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LTC8K6
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Assistant to The Devil Himself
http://michellemalkin.com/2012/03/13/chu-changes-tune-on-desire-for-higher-gas-prices/
Quote:
 

This morning the Senate Energy and Natural Resources Committee held a hearing on Department of Energy loan guarantees, and Secretary Steven Chu suddenly backed away from a long-held opinion on gas prices (what a difference the release of a couple of polls and a phone call from the boss’s office makes).

From the Washington Examiner:

“We have to figure out how to boost the price of gasoline to the levels in Europe,” Chu said in 2008. When reminded of that comment today during his congressional testimony, Chu backed away from that position.

“I no longer share that view,” Chu told Sen. Mike Lee, R-Utah, today. “When I became Secretary of Energy, I represented the United States government, and I think right now in this econonic, very slow, return — these prices could very well affect the comeback of our economy,” he added.

So Chu wanted gas prices to rise from 2008 until yesterday because they wouldn’t affect the recovery? Kudos to him though for finally realizing why he has to pretend to understand how high gas prices can strangle an economy. You can slip nothing past a Nobel Prize winner.

Sure, it’s possible Chu experienced this awakening only because he finally saw the credit card bill for a month’s worth of fill-ups for the wife’s Volt Bimmy, but this reversal can most likely be chalked up to a healthy dose of low viscosity political pressure from the One Term Prevention wing at the White House.
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Baldo
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For a world class Scientist & Nobel Prize winner Chu is a first class political idiot. He shouldn't be in charge of any organization that depends on taxes for its existence. He belongs in a lab.

In the real world no one would dare put him in charge of an organization that has to create a profit in order to stay in existence.
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Mason
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Baldo
Mar 13 2012, 03:59 PM
For a world class Scientist & Nobel Prize winner Chu is a first class political idiot. He shouldn't be in charge of any organization that depends on taxes for its existence. He belongs in a lab.

In the real world no one would dare put him in charge of an organization that has to create a profit in order to stay in existence.
.
Putting Chu in charge is akin to putting a celibate person in charge of sexuality programs.

Chu is charge is like putting a man in charge of teaching breast self-exams in cancer prevention.

It's like putting Obama in charge of a Muslim outreach group, oh wait. Strike that.



.
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Baldo
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Obama hammers GOP on gas prices rhetoric

President Barack Obama took the bully pulpit on Thursday as he assailed Republicans for suggesting they can cut gas prices even as he can’t, and for dismissing the development of alternative sources of energy.

Obama didn’t mention the GOP presidential contenders by name, but made it clear to the audience at the Prince George’s Community College in Largo, Md., just outside the District of Columbia, exactly who he was talking about....snipped

...For close to a month, Obama has been making at least one speech a week on his energy policy, visiting colleges and manufacturing plants in battlegrounds including Florida, Virginia and North Carolina as gas prices have risen steadily, to $3.82 per gallon on Thursday, up 30 cents from mid-February.

But public opinion hasn’t turned in his favor.

In a Washington Post/ABC News poll released earlier this week, just 26 percent of those surveyed said they approve of how Obama is handling rising gas prices, while 65 percent said they disapprove. The president did a bit better — but still not well — on his overall energy policy, with 38 percent saying they approve while 48 percent said they disapprove...snipped

http://www.politico.com/news/stories/0312/74063.html


"The chickens have come home to roust!"

Local Costco gas station (the least expensive) is $4.20 gallon for regular unleaded

Average price in California according to Gas Buddy is $4.345 a gallon. I think you are starting to see a difference in driving
Edited by Baldo, Mar 15 2012, 02:41 PM.
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LTC8K6
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Assistant to The Devil Himself
Quote:
 
More Energy Lies From Obama

Barack Obama gave a speech on energy and gas prices to an audience of college students today, at Prince George’s Community College. He chose his audience carefully; the kids knew nothing about energy, and received him enthusiastically. But anyone even slightly knowledgeable about energy policy would have recognized Obama’s speech for what it was: one misrepresentation after another.

Let’s start, however, with an even more basic point: energy is one of a number of areas where reality has bitten President Obama in the hindquarters. He and his administration (most notably Energy Secretary Steven Chu) came into office determined to suppress oil and gas production in order to raise prices, and to substitute politically favored forms of energy for petroleum. That strategy bombed, as the American people predictably rebelled against a doubling in gas prices and other energy costs. So now, to hear him tell it, Obama is a disciple of Sarah Palin:

So that’s point number one. If you start hearing this “drill, baby, drill; drill, drill, drill” — if you start hearing that again, just remember you’ve got the facts — we’re doing that.

As we have explained more than once, Obama’s claim is false. But the fact that he has to make it shows the utter failure of his administration’s energy strategy.

Next Obama went on to purvey his favorite falsehood: the absurd claim that the United States has only 2% of the world’s oil “reserves” and therefore cannot come close to meeting our energy needs by drilling for more oil and gas:

Here’s the second problem with what some of these politicians are talking about. There’s a problem with a strategy that only relies on drilling and that is, America uses more than 20 percent of the world’s oil. If we drilled every square inch of this country — so we went to your house and we went to the National Mall and we put up those rigs everywhere — we’d still have only 2 percent of the world’s known oil reserves.

We will not fully be in control of our energy future if our strategy is only to drill for the 2 percent but we still have to buy the 20 percent.


This is a flat-out lie, for the reasons we have explained a number of times. Obama’s nose has gotten so long on this one that even the liberal press is beginning to take offense. Thus, the Washington Post’s fact checker Glenn Kessler explained that Obama’s 2% claim is a “non sequitur”:

n the context of higher gas prices — which is how the president often uses these figures now — it just is not logical to compare consumption to “proven oil reserves.” This is a lowball figure that does not begin to describe the oil known to be within the U.S. borders.

What Kessler says is correct, but he omits one key fact: in the United States, unlike other countries, “reserves” is a term of art governed by securities law, and petroleum that is not legally accessible under current laws and regulations does not count toward our “reserves.” Obama’s reasoning is therefore circular; we would increase our “reserves” overnight by opening up ANWR, for example, to exploration and production. See also this IBD editorial, “The Myth of Scarce Oil.”

Have we ever had a president as dishonest as Barack Obama? It is hard to think who that might be.

We have noted several times over the years that Obama’s knowledge of history is below average. It is no surprise, then, that when he tried to insult Republicans who oppose payoffs to his cronies in the “green energy” sector as “flat earthers,” he committed one howler after another. Obama said:

We’ve heard this kind of thinking before. Let me tell you something. If some of these folks were around when Columbus set sail — (laughter) — they must have been founding members of the Flat Earth Society. (Laughter.) They would not have believed that the world was round. (Applause.) We’ve heard these folks in the past. They probably would have agreed with one of the pioneers of the radio who said, “Television won’t last. It’s a flash in the pan.” (Laughter.) One of Henry Ford’s advisors was quoted as saying, “The horse is here to stay but the automobile is only a fad.” (Laughter.)

There have always been folks like that. There always have been folks who are the naysayers and don’t believe in the future, and don’t believe in trying to do things differently. One of my predecessors, Rutherford B. Hayes, reportedly said about the telephone, “It’s a great invention, but who would ever want to use one?” (Laughter.) That’s why he’s not on Mt. Rushmore — (laughter and applause) — because he’s looking backwards. He’s not looking forwards. (Applause.)


Many have already pointed out that Obama’s Rutherford Hayes anecdote is false; my guess is that every one of his purported historical parallels is apocryphal. It worth adding, however, that Obama’s suggestion that those who were skeptical of Columbus’s voyages believed the world was flat is another example of his historical illiteracy. In fact, it was well known by educated people in the 15th century that the world was round. Not only that, they knew that the circumference of the Earth was around 25,000 miles; this had been calculated by the ancient Greeks, using triangulation. So when Columbus tried to raise money for a voyage in which he proposed to reach the East by sailing West, he had trouble because everyone knew that going West was not only an unknown route, but was the long way around the globe. But we are long past expecting Barack Obama to possess even the most elementary knowledge of history.


http://www.powerlineblog.com/archives/2012/03/more-energy-lies-from-obama.php
Edited by LTC8K6, Mar 16 2012, 06:35 AM.
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Mason
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You know I watch program after program, day after day, and there's not a single person anywhere with a Mic that raised the point that Obama blamed Bush for Oil Prices and he and his Dems ran on lowering Energy prices.

They line up ten deep to say the President has no effect on Gas Prices, but there's no one on any side reminding the Public that Obama claimed Oil prices were high because of George Bush - and he said his election would bring them down.

I am considering dumping cable - it's like a rehearsed show on these programs.


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