President Obama and Syria

[Value Buy]

The President, has announced this morning:

Mr President (Of Syria) get out of town!
Freezes assets of Syria in the U.S.
Embargo on oil imports, to the states.

Busy President. He will also get busy on putting people back to work in the U.S. after his Labor Day vacation at Martha's Vineyard......

Priorities, priorities.......

(Modified for Capitalization of the President's name in the title)

[Value Buy]

Now we have two countries he refuses oil from.

I see he is really interested in an energy program for the U.S.
He is shooting for no imports!

Attention American consumer and lower and middle class. Bend over far enough, and watch it coming at you.

[ed1066]

The Muslim Brotherhood is calling Obama "the bulldozer". It seems his full time job is making a path for them in the Middle East...

[Value Buy]

Shall we go for $5.00 gasoline by Labor Day?

[billisonboard]

Aug 18, 2011 9:08:57 GMT -5 Value Buy said:

...
Priorities, priorities.......

Among the specific atrocities mentioned in the report are:

•the alleged execution of 26 blindfolded men at a football stadium in the southern city of Daraa on May 1;
•indiscriminate firing of live ammunition at peaceful demonstrators using snipers and helicopters, resulting in the deaths of hundreds of people including women and children;
•and the killing of injured protesters in hospitals — including by locking people in morgue refrigerators alive. www.msnbc.msn.com/id/44185674/ns/world_news-mideast_n_africa/

Aug 18, 2011 9:17:48 GMT -5 Value Buy said:

Shall we go for $5.00 gasoline by Labor Day?

[Value Buy]

Yes, Bills, lets put troops on the ground over there......
and allow another religious fanatic to take power.

[ed1066]

Well don't worry, once Obama clears the path for the Muslim Brotherhood to govern Syria, you won't hear about any of that stuff anymore...LOL!

[billisonboard]

Aug 18, 2011 9:28:35 GMT -5 Value Buy said:

Yes, Bills, lets put troops on the ground over there......
and allow another religious fanatic to take power.

Why repeat the mistake of Iraq? (and I do know that Iraq is not yet governed religious fanatics - yet)

[Value Buy]

Aug 18, 2011 9:41:07 GMT -5 billisonboard said:

Aug 18, 2011 9:28:35 GMT -5 Value Buy said:

Yes, Bills, lets put troops on the ground over there......
and allow another religious fanatic to take power.

Why repeat the mistake of Iraq? (and I do know that Iraq is not yet governed religious fanatics - yet)

President Obama has not learned a damn thing from Bush.
Libya is a sad joke, and now he is sticking his nose in Syria, but alas, not a mention of Iran.
Not that I want him to. It is just if you are going to meddle in Middle East politics, go after the bleeding ulcer and leave everything else alone.

[Value Buy]

The President seems to be making a major political blunder.
He cannot solve the financial and political turmoil at home, so he has decided to ride the political horse, of world's statesman.
It is not going to work out well for him, on the short term basis, or the backward look, of longterm history fifty years from now.

[billisonboard]

Aug 18, 2011 10:01:56 GMT -5 Value Buy said:

Aug 18, 2011 9:41:07 GMT -5 billisonboard said:

Why repeat the mistake of Iraq? (and I do know that Iraq is not yet governed religious fanatics - yet)

President Obama has not learned a damn thing from Bush.
Libya is a sad joke, and now he is sticking his nose in Syria, but alas, not a mention of Iran.
Not that I want him to. It is just if you are going to meddle in Middle East politics, go after the bleeding ulcer and leave everything else alone.

I agree that Libya is a sad joke as far as our military involvement.

Just as one should not frequent a business that engages in practices of which one disapproves nor contribute time/money to candidates supporting policy positions one does not support, nation to nation sanctions are a reasonable way to voice disapproval.

[wyouser]

Hasnt focusing on foreign problems or crisis always been used by countires with domestic problems at home? Nothing like a good crisis to divert attention?

[djAdvocate]

Aug 18, 2011 9:17:48 GMT -5 Value Buy said:

Shall we go for $5.00 gasoline by Labor Day?

oil was down 5% today.

[Tennesseer]

Aug 18, 2011 9:11:17 GMT -5 Value Buy said:

Now we have two countries he refuses oil from.

I see he is really interested in an energy program for the U.S.
He is shooting for no imports!

Attention American consumer and lower and middle class. Bend over far enough, and watch it coming at you.

Syria ranks 55th in the world in oil exporting (2008 estimate).
www.indexmundi.com/g/r.aspx?c=sy&v=95

The United States (2009 figures) imported about 1,000 barrels a day from Syria.
thehill.com/blogs/e2-wire/677-e2-wire/177337-us-blocks-syrian-oil-imports

No major loss of oil when the U.S. imports about 9.1 million barrels of crude oil a day.
www.eia.gov/energyexplained/index.cfm?page=oil_home#tab2

[Value Buy]

Tennesseer, I get what you are saying, and I really wondered about Syria's oil capacity.
So Obama is actually just making an empty jesture wiith the embargo.
That is even worse, imo.

[Value Buy]

Aug 18, 2011 11:55:18 GMT -5 djAdvocate said:

Aug 18, 2011 9:17:48 GMT -5 Value Buy said:

Shall we go for $5.00 gasoline by Labor Day?

oil was down 5% today.

Yes it was.
The reason? European banks collapsing faster than a Domino in a domino tipping contest. Europe is economically imploding, hence the speculators are selling oil.

[deziloooooo]

Aug 18, 2011 9:11:17 GMT -5 Value Buy said:

Now we have two countries he refuses oil from.

I see he is really interested in an energy program for the U.S.
He is shooting for no imports!

Attention American consumer and lower and middle class. Bend over far enough, and watch it coming at you.

Syria has a lot of Oil?? Exporter big time? You object to him taking a stand on Assad ?

[Deleted]

Aug 19, 2011 0:15:59 GMT -5 Value Buy said:

Aug 18, 2011 11:55:18 GMT -5 djAdvocate said:

oil was down 5% today.

Yes it was.
The reason? European banks collapsing faster than a Domino in a domino tipping contest. Europe is economically imploding, hence the speculators are selling oil.

It does get tough to speculate on falling demand.

[Deleted]

Aug 19, 2011 8:14:30 GMT -5 deziloooooo said:

Aug 18, 2011 9:11:17 GMT -5 Value Buy said:

Now we have two countries he refuses oil from.

I see he is really interested in an energy program for the U.S.
He is shooting for no imports!

Attention American consumer and lower and middle class. Bend over far enough, and watch it coming at you.

Syria has a lot of Oil?? Exporter big time? You object to him taking a stand on Assad ?

Yes I do object to his taking a stand on Assad, if that stand hurts the lower income citizens here through higher energy prices.

[deziloooooo]

and how does it affect energy prices...Syria, a major oil producer..??

What is going on in Syria..it's the Syrian people..Turkey possible..us? We are on the side lines..what will happen will happen..Europe is condeming..Sauds are condeming, giving arms to insurgents...we, POTUS said to go..thats about it.

[privateinvestor]

Aug 19, 2011 8:33:48 GMT -5 @jma23 said:

Aug 19, 2011 8:14:30 GMT -5 deziloooooo said:

Syria has a lot of Oil?? Exporter big time? You object to him taking a stand on Assad ?

Yes I do object to his taking a stand on Assad, if that stand hurts the lower income citizens here through higher energy prices.

Obama's stand on Assad is more political gamesmanship...Our European Allies have been pressuring Obama to take a stand and join them to ask Assad to step down...so since Obama is probably sleepless on Martha's Vineyard he finally decided to join with European Leaders for Syrian President Bashar Assad to resign yesterday. And of course there is those late night calls agan to Hillary asking her what he should do..

[djAdvocate]

Aug 19, 2011 0:15:59 GMT -5 Value Buy said:

Aug 18, 2011 11:55:18 GMT -5 djAdvocate said:

oil was down 5% today.

Yes it was.
The reason? European banks collapsing faster than a Domino in a domino tipping contest. Europe is economically imploding, hence the speculators are selling oil.

$5 gas is looking pretty unlikely, because of it.

[Deleted]

Aug 19, 2011 11:50:49 GMT -5 deziloooooo said:

and how does it affect energy prices...Syria, a major oil producer..??

What is going on in Syria..it's the Syrian people..Turkey possible..us? We are on the side lines..what will happen will happen..Europe is condeming..Sauds are condeming, giving arms to insurgents...we, POTUS said to go..thats about it.

Even a minor supplier will affect the price of oil. Now that the price of energy is moving down for a few weeks, the price upswing for the last three months caused by civil war in Libya (another minor supplier) is all but forgotten. I bet Obama is also counting on short memories come 2012

[deziloooooo]

Aug 19, 2011 12:14:32 GMT -5 @jma23 said:

Aug 19, 2011 11:50:49 GMT -5 deziloooooo said:

and how does it affect energy prices...Syria, a major oil producer..??

What is going on in Syria..it's the Syrian people..Turkey possible..us? We are on the side lines..what will happen will happen..Europe is condeming..Sauds are condeming, giving arms to insurgents...we, POTUS said to go..thats about it.

Even a minor supplier will affect the price of oil. Now that the price of energy is moving down for a few weeks, the price upswing for the last three months caused by civil war in Libya (another minor supplier) is all but forgotten. I bet Obama is also counting on short memories come 2012

You will never see Gas at $2 a gallon again..what I don't understand is how it's so cheap here and in Europe, UK , other part of the wold it's so high.

With the demand in the world..China, Japan, emerging countries ..our own demand..of course it will keep going up, not counting a occasional dip due to what ever..deal with it , it is what it will be..spend some $ on alternate energy might help but the push is not here...yet..some day..to blame on any administration, just silly ..they have no influence beyond tapping the stratigic reserve for a while..
To blame administration, just another blame the administration..why not, everything else is that problem but in reality..nope.

[Tennesseer]

Aug 19, 2011 0:13:05 GMT -5 Value Buy said:

Tennesseer, I get what you are saying, and I really wondered about Syria's oil capacity.
So Obama is actually just making an empty jesture wiith the embargo.
That is even worse, imo.

You can only get so much blood out of a rock.

[Deleted]

Aug 19, 2011 12:25:59 GMT -5 deziloooooo said:

Aug 19, 2011 12:14:32 GMT -5 @jma23 said:

Even a minor supplier will affect the price of oil. Now that the price of energy is moving down for a few weeks, the price upswing for the last three months caused by civil war in Libya (another minor supplier) is all but forgotten. I bet Obama is also counting on short memories come 2012

You will never see Gas at $2 a gallon again..what I don't understand is how it's so cheap here and in Europe, UK , other part of the wold it's so high.

With the demand in the world..China, Japan, emerging countries ..our own demand..of course it will keep going up, not counting a occasional dip due to what ever..deal with it , it is what it will be..spend some $ on alternate energy might help but the push is not here...yet..some day..to blame on any administration, just silly ..they have no influence beyond tapping the stratigic reserve for a while..
To blame administration, just another part of the wold it's so high.
blame the administration..why not, everything else is that problem but in reality..nope.

Just Obama saying "Assad should step down" is enough to start yet more speculative futures buying due to the "potential" supply disruption. That is how an administration can affect energy prices. Doesn't really matter which way he's blamed, directly or indirectly. I feel that so far, one of his biggest shortcomings, is the inability to see the unintended consequences of his domestic or foreign policies.

[deziloooooo]

If the mkt goes up or down for a short time is not important..seems any little anything ..a possible hurrican 1000 mile away from the gulf..not knowing yet in any way it's going to go..the mkts on oil are affected..

I belive any little anything negative with our POTUS , factual or only in your mind..you will insinuate a negative from him so sorry..you continuouse, just doesn't register wuith me..to many time the cal of . "The sky is falling, the sky is falling.."

Actually filled upn today..price was down a bit about 4 cents from yesterday..or the day before, forgot which day as I was passing a station the other day, I checked.

[Deleted]

Aug 19, 2011 13:06:03 GMT -5 deziloooooo said:

If the mkt goes up or down for a short time is not important..seems any little anything ..a possible hurrican 1000 mile away from the gulf..not knowing yet in any way it's going to go..the mkts on oil are affected..

I belive any little anything negative with our POTUS , factual or only in your mind..you will insinuate a negative from him so sorry..you continuouse, just doesn't register wuith me..to many time the cal of . "The sky is falling, the sky is falling.."

Actually filled upn today..price was down a bit about 4 cents from yesterday..or the day before, forgot which day as I was passing a station the other day, I checked.

It doesn't matter which parties president is in office at the time, the result of interfering in an oil producing nation or potentially interfering usually drives up oil futures price. Negative statements from me about Obama not registering with you will not affect energy prices. Barring any unexpected disasters or OPEC maneuvers, oil prices will continue to fall for the near term due to the slowing world economy. Expect gas prices to continue to fall with it. The sky isn't falling but if the worlds economy recovers into improved growth, expect energy prices to grow with it.