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Author Topic: HAHAH obama says last night gas prices are high because the economy is good  (Read 2088 times)
Aerian
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« Reply #50 on: October 18, 2012, 09:03:00 AM »

Anyone here heard of the supply and demand curve?

Demand for gas goes up when more goods and services are being supplied. Demand increases pretty much always equal price increases.

Americans drive vehicles that are way too big anyway. How many pickup trucks you see everyday that actually have anything in the back of them? Not many where I live.

This is not the case anymore.  From 2000-2008 there were more trucks and SUVs on the road then there are today.  I am seeing more and more smaller cars like Fiats and Smart cars, as well as electric cars, so the demand if anything is down now while gas price is up.

The only variable that I see that could be causing this is the rest of the world increasing demand, such as India and China.
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« Reply #51 on: October 18, 2012, 09:09:23 AM »

<a href="http://www.youtube.com/watch?v=Z9Oek6ZboAI" target="_blank">http://www.youtube.com/watch?v=Z9Oek6ZboAI</a>
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« Reply #52 on: October 18, 2012, 09:10:32 AM »

<a href="http://www.youtube.com/watch?v=SWeLGOHx2qQ" target="_blank">http://www.youtube.com/watch?v=SWeLGOHx2qQ</a>
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« Reply #53 on: October 18, 2012, 09:11:58 AM »

<a href="http://www.youtube.com/watch?v=qKdScVerrBU" target="_blank">http://www.youtube.com/watch?v=qKdScVerrBU</a>
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« Reply #54 on: October 18, 2012, 09:13:24 AM »

What your not taking into account is the fact that the gas prices were roughly around the same price for 10+ years until he took office, and now skyrocketed when we are at our ABSOLUTE WORST in 50+ years, so to say the economy was on the verge of collapse and caused the prices to be cheap is silly.

That type of thinking doesn't equal out into the real world when things are the worst they have ever been and gas prices are at an all time high.

gas was at roughly the same place the summer before 2008, then there was a rapid, rapid descent as the world economy was hit with a recession. This caused low demand like jaejonna pointed out.

Obama was 100% right, it's a fucking fact.

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« Reply #55 on: October 18, 2012, 09:28:36 AM »

So lets go through this slowly.

Gas was consistently at a very similar price as it was now before the economic collapse. That is 3.5-4 a gallon, it then dipped drastically, for several months. This is because the economy collapsed, on a world scale. No one was travelling, less demand, hence the drastic drop. Then it rebounded to where it is now, and where it has been previously. Obama's only impact has been to perhaps slow the increase.

as you all know, USA top export under Obama is GAS, at home drilling will not improve the price very much if at all, it's just too small a blip. Cars need to be more efficient (gasp Obama's vision) as lowering gas prices is a shortsighted view anyway, it's stupid. It needs to be a mixture of new clean energy, more efficient uses for gas and lowering gas prices.
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« Reply #56 on: October 18, 2012, 09:31:09 AM »

What is the trend of gasoline consumption in the U.S. over the last 4 years.

Compare that with the rise of gasoline prices at the pump.

There you will find your answer.
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« Reply #57 on: October 18, 2012, 09:40:16 AM »

So lets go through this slowly.

Gas was consistently at a very similar price as it was now before the economic collapse. That is 3.5-4 a gallon, it then dipped drastically, for several months. This is because the economy collapsed, on a world scale. No one was travelling, less demand, hence the drastic drop. Then it rebounded to where it is now, and where it has been previously. Obama's only impact has been to perhaps slow the increase.

as you all know, USA top export under Obama is GAS, at home drilling will not improve the price very much if at all, it's just too small a blip. Cars need to be more efficient (gasp Obama's vision) as lowering gas prices is a shortsighted view anyway, it's stupid. It needs to be a mixture of new clean energy, more efficient uses for gas and lowering gas prices.


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« Reply #58 on: October 18, 2012, 10:02:47 AM »

What is the trend of gasoline consumption in the U.S. over the last 4 years.

Compare that with the rise of gasoline prices at the pump.

There you will find your answer.

you can't be serious? it's as plain as day, there was a massive plummet before the collapse. Gas is roughly the same as it was and you are currently in recovering and other markets are falling so hard. It's not even close to the same climate yet it is very close.

I would say that any president has little control over gas prices, they really do not.
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« Reply #59 on: October 18, 2012, 10:03:36 AM »




that's politics, it sucks but the fact is that bush nor obama have major roles in the price, minor yes but the drop that occurred was due to the massive collapse.
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« Reply #60 on: October 19, 2012, 04:50:04 AM »

Is the president controlling gas prices now Huh
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« Reply #61 on: October 19, 2012, 04:53:59 AM »

Is the president controlling gas prices now Huh
The president makes policy that has an end effect on energy prices.
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« Reply #62 on: October 19, 2012, 06:16:38 PM »

The president makes policy that has an end effect on energy prices.
You need to educate some of these guys.
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« Reply #63 on: October 19, 2012, 07:19:20 PM »

This is not the case anymore.  From 2000-2008 there were more trucks and SUVs on the road then there are today.  I am seeing more and more smaller cars like Fiats and Smart cars, as well as electric cars, so the demand if anything is down now while gas price is up.

The only variable that I see that could be causing this is the rest of the world increasing demand, such as India and China.
Even today the proportion of trucks and SUVs in the USA is way higher than any other country.
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« Reply #64 on: February 20, 2013, 08:32:50 AM »



Gas prices have spiked for 32 consecutive days, increasing “more than 13% over that period to $3.73,” CNNMoney reports.  Despite the toll skyrocketing gas prices is having on families and small businesses, President Obama has continued to block the Keystone pipeline – which was approved by Nebraska Gov. Dave Heineman on January 22 – and the 20,000 jobs and nearly one million barrels of oil that come with it.  An editorial in USA Today underscores the need for the Keystone pipeline to increase America’s access to secure, North American energy:

“For Canada, whose government badly wants the pipeline to go forward, the decision is an equally crucial test of the two neighbors' relationship. And for the United States, the project offers a rare opportunity to create jobs and lessen the nation's decades-long dependence on oil from unstable or unfriendly suppliers.

“Both sides make strong arguments, but after more than four years of exhaustive study, the right answer on Keystone remains: Build it.

“At a time of rising global competition for energy resources, the pipeline would bring reliable new oil supplies to a U.S. that still imports 40% of its crude, 7.6 million barrels a day last year. And 40% of those imports come from OPEC nations such as Venezuela, Iraq and Nigeria. Keystone is expected to supply 830,000 million barrels a day, a key step toward the long-sought goal of North American energy independence, which suddenly seems attainable.”

Bowing to political pressure from his liberal allies, the president is allowing a decision on the Keystone pipeline “to languish until mid-June,” despite the fact that “unions back the idea because of the construction and refining jobs it could create, and nine Democratic senators have joined 44 Republicans in a letter asking for approval,” today’s Wall Street Journal notes. The Keystone pipeline is also backed by a majority of the American people, who are spending more of their hard-earned dollars on gas than they have in the past three decades.  And the longer the president delays, the more likely Canada will be to look to other markets in China – shipping what could be American jobs and energy overseas.

After more than four years of delaying, rejecting and personally lobbying against the Keystone pipeline – and with gas prices nearly doubling on his watch - the president is out of excuses.  As Speaker Boehner has said, “I recognize all the political pressure the president faces, but with our energy security at stake and many jobs in limbo, he should find a way to say yes.”

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« Reply #65 on: February 20, 2013, 08:39:47 AM »

 Grin


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