The Obama Economic Attack on America: Energy

[AgeOfEnlightenmentSCP]

I maintain that Obama is deliberately destroying the U.S. economy to create as many government dependents as he can.

The BP oil spill was a pretext for the destruction of the energy sector; and the sustained attack by the Obama regime on energy production is going to be devastating to Americans in 2011.

We are on our way to $5 a gallon gasoline for NO REASON other than that Obama shut off the energy spigot. Why? The MAIN reason we're drilling in deep water to start with is the politics of NIMBY, and the promotion for political reasons of the anthropegnic global warming myth.

"We The People" spoke in November. We know that Obama doesn't want to hear what we have to say, and he'll do ONLY what's necessary to convince mindless, wobbly independent voters that he has shifted positions when in reality we know he's a hard left ideologue. We need to pry loose the iron grip of the Obama regime from our oil wells: Drill baby, drill!

If not, then you can forget any hope of "recovery" (which is a lie in the first place)

[AgeOfEnlightenmentSCP]

Well, maybe the Obama regime's attack on energy production isn't the "only" reason. Part of the reason oil prices are rising in spite of anemic growth is the continued loose monetary policy of the Fed.

[ugonow]

Where have you been? People have known this from the start.Listen to Rush or Beck sometime.They reveal the true agenda behind this fiend. Rush stated at the very start Obama would intentionaly destroy the market and economy to make the people dependent on him and his socialist agenda. Libs laughed.Now look how much closer he is to his goal.

[floridayankee]

Now that gas has topped $3.00 / gallon again, the libs that whined about Bush and the evil, greedy oil companies are suddenly MIA. I wonder why that is?

[Value Buy]

Gasoline jumped 26 cents a gallon on Tuesday. Now all stations are $3.259 per gallon for unleaded.
The state of Indiana is euphoric, as sales tax collections just went up 2 cents on every gallon
of gas purchased, stuffing the state coffers.

[floridayankee]

Dec 29, 2010 11:05:18 GMT -5 Value Buy said:

Gasoline jumped 26 cents a gallon on Tuesday. Now all stations are $3.259 per galon for unleaded.
The state of Indiana is euphoric, as sales tax collections just went up 2 cents on every gallon
of gas purchased, stuffing the state coffers.

Wow....most stations I see are in the $3.05 (regular) range in my area but the staton a mile and change from my house is still $2.999.....can't froget that extra 9th of a cent.

[ugonow]

The state of Indiana is euphoric, as sales tax collections just went up 2 cents on every gallon
of gas purchased, stuffing the state coffers.

If the state of Indiana is euphoric,imagine how Alaskans feel.The tax Governor Palinput on oil companies and is redistributed to citizens is based on the price of oil. Oil companies are happy,Alaskan citizens are happy.A win win.

[gmarius77]

I maintain that Obama is deliberately destroying the U.S. economy to create as many government dependents as he can.

Really? Is it all part of a secret plan to enslave white people, or a subtle secret plot to bring down infidel America by a closet Muslim terrorist?

[marshabar1]

John Hofmeister, former president of Shell Oil 'Gas prices could top $5 by 2012'

He also predicts rationing.

www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/6699332

[gmarius77]

OK, how do I work the quote box?

[Tennesseer]

gmarius77-in the reply you wish to quote, look for where it says quote or modify on the right hand side. Then just click on the quote button.

Or just click on the reply lower right and then look for the quote icon inside.

[gmarius77]

OK, I actually made it work ( on another thread). Can we quote only part of a reply. That could be important if I ever want to quote somebody out of context.

[Tennesseer]

You can. Just delete the part you don't want.

[gmarius77]

Dec 29, 2010 15:51:41 GMT -5 Tennesseer said:

You can. Just delete the part you don't want.

Maybe, maybe, yes

[deziloooooo]

"We are on our way to $5 a gallon gasoline for NO REASON other than that Obama shut off the energy spigot. Why? The MAIN reason we're drilling in deep water to start with is the politics of NIMBY, and the promotion for political reasons of the anthropegnic global warming myth."

I don't know about all of that and am no expert on how they drill for oil..but as a layman, to drill 5000 feet beneath the water, with no way to know what is going on there..except some robots, and not to have in place, credable ways to shut off a blow out, spill, leakage and have at least two more back ups to go to, in the minimum, three would be better and a forth even better still.

The cost to be gotten back and if because of the reality that not all new wells , with all the expertise, and knowlegable predictions of success, still so many are not producers, if need be , there is a cost of say 10 cents per gallon tagged on to make it safer, almost a fail safe type of issue, especially after the so recent experience , who really knows the damage we will be looking at , is absolutly nuts.

"We are on our way to $5 a gallon" If so then so be it. Most of the developed countries are way beyond that now..for most smaller cars, it might lead to more efficient vehickle, the electrics , the hybredes, more sold, price goes down.
See what digital cameras costs are today, the Hi Def Tv's, Computors, and on and on..demand higher, sell more , price drops...possible more hi speed trains..new jobs...

"for political reasons of the anthropegnic global warming myth."
Why is it, you get 10 highly respected environmental scientest together, all have the highest credentials..the worlds best..all sides agree on that..eight say there is global warming caused by mans use of..and two say no , not true. The two are the ones that are pushed as correct. A puzzlement...

""We The People" spoke in November." we the people don't always have it right, history has proven that. Look at the odds and bets placed in Vegas on sporting events. Texas Rangers against the Yankees, Giants aginst everyone..the people had it wrong.
You want more seriouse subjects, more seriouse matters? Ok , but the world Series , Super Bowl, NCAA not seriouse stuff?
You are a American member of the public aren't you? Am doubting it but ok..
Roosevelt in 1940, knowing what we faced in Germany, Japan, the American public, the great majority, wanted no part of his message so being the brilliant political he was, he lied , but went about getting us ready anyway.
Father Couglin , radio audience in the 1930, over 30 million every Sunday..American popultion at 100 million, he was getting 30 million every radio cast..believing his drivel..

"We need to pry loose the iron grip of the Obama regime from our oil wells: Drill baby, drill! "
You DON"'T drill till you can show yourself to be responsible in the business, you place safety at the head of the list, safely drill or you do not drill..especially off of Florida's coast..even if you have three /four back ups..I still don't trust you.
Your history, Oil Industry, sucks..forget the Gulf, google Nigeria, what a ecological mess and because their so called government is so corrupt, all they care is their share of the profits, the country is a ecological mess, people are sick and dying and the spills, the contamination is off the charts, but since no clout like we have here, you all, industry, you have free rein to do what ever you want in any way you want.
The people and the country side..screw em, they have no say, they have no influence.

[dancinmama]

Dec 29, 2010 15:21:16 GMT -5 @gmarius77 said:

I maintain that Obama is deliberately destroying the U.S. economy to create as many government dependents as he can.

Really? Is it all part of a secret plan to enslave white people, or a subtle secret plot to bring down infidel America by a closet Muslim terrorist?

No, but so much of what Obama has done has led to more people being dependent on government rather than doing what is needed to create more private sector jobs so that people can become economically self-reliant.

[gmarius77]

No, but so much of what Obama has done has led to more people being dependent on government rather than doing what is needed to create more private sector jobs so that people can become economically self-reliant.[/quote]

Government services are neither a means to 'enslave' or even a simple nice to have. They are an absolute requirement of nationhood. Especially in urban environments. The days were the average family grew their substance on their own little farms, formed citizens committees for safety, and dealt with natural disasters through friends and neighbors are long past. We are a nation of specialists and special needs and it's through government that those needs are met. This teabagging nonsense that we can all somehow fend for ourselves without government is romantic drivel with no basis in reality. Government is not the enemy, it is our tool.

[traelin0]

Dec 29, 2010 15:23:11 GMT -5 @marshabar1 said:

He also predicts rationing.

And for how many years have I been saying this, as people kept citing The Bernank as being this all-knowing Messiah from Princeton? Deflation and liquidity crises have always been false flags for bailouts. The only deflation we are going to experience in the intermediate to long term will be in discretionary assets and housing. Before massive inflation of course. Currency crises and hyperinflation generally lead to massive deflationary collapse and can lead to sovereign insolvency.

We don't need a former Shell CEO to point out what people can see for themselves, if they'd pay attention. America is too infatuated with TV personalities and their punditry.

[gmarius77]

Dec 29, 2010 16:29:53 GMT -5 dancinmama said:

No, but so much of what Obama has done has led to more people being dependent on government rather than doing what is needed to create more private sector jobs so that people can become economically self-reliant.

Economic self-reliance? How exactly does one become economically self-reliant when ones job is axed or off-shored? Join the millions of other job seekers competing for thousands of jobs?

[cs]

Dec 29, 2010 10:19:05 GMT -5 AgeOfEnlightenmentSCP said:

I maintain that Obama is deliberately destroying the U.S. economy to create as many government dependents as he can.

The BP oil spill was a pretext for the destruction of the energy sector; and the sustained attack by the Obama regime on energy production is going to be devastating to Americans in 2011.

We are on our way to $5 a gallon gasoline for NO REASON other than that Obama shut off the energy spigot. Why? The MAIN reason we're drilling in deep water to start with is the politics of NIMBY, and the promotion for political reasons of the anthropegnic global warming myth.

"We The People" spoke in November. We know that Obama doesn't want to hear what we have to say, and he'll do ONLY what's necessary to convince mindless, wobbly independent voters that he has shifted positions when in reality we know he's a hard left ideologue. We need to pry loose the iron grip of the Obama regime from our oil wells: Drill baby, drill!

If not, then you can forget any hope of "recovery" (which is a lie in the first place)

Seriously? You really believe this? Why?

[gmarius77]

Dec 29, 2010 18:55:23 GMT -5 @cs said:

Dec 29, 2010 10:19:05 GMT -5 AgeOfEnlightenmentSCP said:

I maintain that Obama is deliberately destroying the U.S. economy to create as many government dependents as he can.

The BP oil spill was a pretext for the destruction of the energy sector; and the sustained attack by the Obama regime on energy production is going to be devastating to Americans in 2011.

We are on our way to $5 a gallon gasoline for NO REASON other than that Obama shut off the energy spigot. Why? The MAIN reason we're drilling in deep water to start with is the politics of NIMBY, and the promotion for political reasons of the anthropegnic global warming myth.

"We The People" spoke in November. We know that Obama doesn't want to hear what we have to say, and he'll do ONLY what's necessary to convince mindless, wobbly independent voters that he has shifted positions when in reality we know he's a hard left ideologue. We need to pry loose the iron grip of the Obama regime from our oil wells: Drill baby, drill!

If not, then you can forget any hope of "recovery" (which is a lie in the first place)

Seriously? You really believe this? Why?

Hyperbole loses it's charm when you realize somebody really believes it. The over the top rhetoric concerning President Obama is almost too surreal to swallow. It's just hard to fathom people buying into this kind paranoid babble.

[Value Buy]

And we thought share prices of the oil industry were high when Bush was in office.....
President Obama has created new highs in Exxon and Chevron, and I cannot wait until they raise their dividend because the White House has licensed them to print money.

Maybe not all time highs.
Yet.

[goldenrun]

You all DO know that the oil that's pumped out of the Gulf of Mexico does not just go into the U.S. markets, right? You know that it goes into the world's oil supply to be sold just like the oil from the Middle East, right?
You also do know that the U.S. oil companies made HUGE profits this year and get huge tax breaks. You know this, right?

[goldenrun]

"No, but so much of what Obama has done has led to more people being dependent on government rather than doing what is needed to create more private sector jobs so that people can become economically self-reliant."

"Economic self-reliance? How exactly does one become economically self-reliant when ones job is axed or off-shored? Join the millions of other job seekers competing for thousands of jobs?"
____________________________

I just heard that U.S. corporations created 1.7 million jobs this year - off shore. In some other country. The latest tax deal, insisted upon by Repubs, continued to give tax breaks to corporations who send jobs overseas.

[deziloooooo]

Goldenrun..I have heard that...I just don't understand the industry. That oil is in our territorial waters, beleive it flows to our refineries..hugh ones in Texas City , Pasadena..that whole area, lived there for 11 years. [Very , Very good wages by the way for the ones who work there turning the gages, 65, 70 thou per}..after being refined , then it goes some where else? Makes no sense to me..just the transportation costs would be a savings wouldn't it..we get our oil I think from Canada, Venezuela ??
Any one know how all this works out...US sells the leases, the states get what?

[goldenrun]

The oil might be refined here, but it goes on the world market for sale. The U.S. doesn't get a price break because it's "our" oil. The oil companies put it into the same market with the rest of the world's oil and they surely don't mind the price hikes. More mulah for them.

[deziloooooo]

There has to be collusion on oil prices, any one in their right mind knows this..we should put togerher a $10 million doller fund, hell 25 million, double hell, $50 mill, and ask employees{ the ones who know how , they aren't being compensated at this lever, get some key retired who are on pensions to cross over, to come forth and explain how it works.where the bodies are buried...then sue and fine the ones, all of them , that are guilty and prison for the biggest.
It's to complicated for out prople to find..you have a $150, 000 worker against a $1 million worker, no contest.