Author Topic: President Bush lifts Executive Ban on Offshore Drilling  (Read 2983 times)

0 Members and 2 Guests are viewing this topic.

Offline ironglow

  • GBO Supporter
  • Trade Count: (9)
  • Senior Member
  • *****
  • Posts: 31074
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #30 on: July 18, 2008, 01:23:06 AM »
  Dakota;
      Short memory ?  Pres Bush came into a faltering economy..the biased media didn't publish it as much though, since it didn't fit their agenda.
  Actually, Slick had little to do with the economy after '94, when the new Rep congress pushed through tax cuts. I can recall Newt saying right after
  the measure was enacted, something to the effect that " Clinton will get the credit..but that's OK, the nation needs it !"

  OH..BTW..Did you notice, since the Prez ,made the announcement the global price of oil has come down precipitiously..for 3 straight days...

     ...THE BALL IS STILL IN CONGRESS' COURT !      Don't double-cross the American people..Pelosi..Reid..are you listening ?
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline crustaceous

  • Trade Count: (0)
  • Contributor
  • ***
  • Posts: 348
  • Gender: Male
  • back for a limited engagement
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #31 on: July 18, 2008, 05:08:32 AM »
Dakota,
Excellent memory!
http://www.academycomputerservice.com/economics/charts.htm
Don't let fantasy cloud the facts!
Job Growth Among the Slowest of Any Administration in over 70 Years
Private Sector Job Growth Among the Worst of Any Administration in over 70 Years
Job Growth Slowing Since Fall 2005 Peak
Unemployment Rate up by 1.3 Percentage Points
2.5 Million More Unemployed
Long-Term Unemployment More Than Double Since President Bush Took Office
Employee Compensation Has Lagged Far Behind Productivity
The Bush Economy Real Earnings Growth Weak and Unequal Relative to 1990s Expansion
Large Projected Surpluses Turned Into Large Deficits
$4.2 Trillion More Debt in FY 2008
Bush Tax Cuts Will Be More Than 100 Times Larger for Millionaires than for Middle Income Households
One of Only Three Administrations with a Decline in Household Income
Real Median Household Income Down $982
Real Household Income Has Declined for All Except the Richest since 2000
One of Only Four Administrations with an Average Annual Rise in the Poverty Rate
4.9 Million More Americans in Poverty
Chart 17: 8.6 Million More Americans Without Health Insurance

Offline DakotaElkSlayer

  • Trade Count: (0)
  • A Real Regular
  • ****
  • Posts: 898
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #32 on: July 18, 2008, 05:26:50 AM »
Ya, I thought my memory was pretty good!  I think I also remember that Cheney held an "energy task force" when the Administration was working on a national energy policy.  Hmmm...didn't the Sierra Club launch a lawsuit to find out who showed up to participate?  Did we not find out years later that Big Oil were the ones that met with Cheney?  Let me get this straight, make an energy policy based on recommendations from oil companies and then act suprised when oil reaches record prices a few years later?!

Jim
He who joyfully marches in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would suffice.

- Albert Einstein

Offline DakotaElkSlayer

  • Trade Count: (0)
  • A Real Regular
  • ****
  • Posts: 898
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #33 on: July 18, 2008, 05:40:29 AM »
  Dakota;
      Short memory ?  Pres Bush came into a faltering economy..the biased media didn't publish it as much though, since it didn't fit their agenda.
 

You don't really believe that, do you?  Remember how before Bush actually took office, the economy slowed?  Sure, it was much better than it is now, but it slowed from the rapid growth that we had been experiencing.  I remember Bush at this time, every single time he was in front of the camera, he talked about how bad the economy was...  He said that we were in a recession even though economic indicators showed that we weren't even close.  He changed a lot of people's perception, like yours, of the economy so she faultered.

Yup, got a good memory.  I thought Bush had the potential of being a great President so I paid attention....

Jim
He who joyfully marches in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would suffice.

- Albert Einstein

Offline TribReady

  • GBO Supporter
  • Trade Count: (8)
  • Senior Member
  • *****
  • Posts: 1059
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #34 on: July 18, 2008, 05:44:21 AM »
Bush Tax Cuts Will Be More Than 100 Times Larger for Millionaires than for Middle Income Households

Chart 17: 8.6 Million More Americans Without Health Insurance

I'm not going to argue any of your points, don't know if they're accurate or not, don't care. But, you lose credibility by putting in dumb things like these.  Of course millionaires get more back, they pay in alot more.  This whole class envy thing plays right into the socialists hands. Get over it, they make more than us, so.
As far as health insurance, I'm a pharmacists and my wife's a nurse. Believe me, not one single person in this country will be turned away for medical care.  The drug addict in the hospital for his "weekend hotel stay" gets the same care and treatment and access to technology as the CEO, and the addicts huge bills just keep going up and up and zero of it will be paid.
Any one, and that means anyone, can walk into any ER and receive treatment.

Sorry, I typically don't respond like this, but the tax arguments and healthcare arguments just burn me.  They don't hold up and undermine any other points being made.
A government big enough to give you everything you want is strong enough to take everything you have. -Thomas Jefferson


...if my people, who are called by my name, will humble themselves and pray and seek my face and turn from their wicked ways, then I will hear from heaven, and I will forgive their sin and will heal their land.  -2 Chronicles 7:14

Offline SHOOTALL

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 23836
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #35 on: July 18, 2008, 06:30:17 AM »
When Bush took office , the economy got that great boost 9/11 , boy that helped now didn't it ?
Correct me if I'm wrong but ain't that what caused the problem or at least started it ?
And to think Bill  C. could have taken care of old BIN L. a couple different times . GO DEMOCRATS ! and we may have not had to deal with $ 4.00 gas ?
If ya can see it ya can hit it !

Offline ironglow

  • GBO Supporter
  • Trade Count: (9)
  • Senior Member
  • *****
  • Posts: 31074
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #36 on: July 18, 2008, 10:55:55 AM »
  Crusty;
  Now, you know you ghot thjose "statistics" from some left wing blog or spin sheet , and almost everyone here KNOWS how the left likes to
  make up "statistics' on-the-spot !  ::) ;D  So those "facts' have no credibility here..

  Dakota;
  I don't recall any big excitement about an "energy task force"..and Sierra Club..most know they are in bed with the eco-nuts. I suppose that if I
   were to try to find out how to handle the energy situation, I may well ask oil producers ! I don't think there would be much reason to ask donut
  shop operators !

  The biggest "secret meetings" i can recall is the one Hillary held, when she was first elected (along with bill). She was going to "fix" the health care system !
  She spent $$millions, anmd had hundreds of unidentified guests. It was so clandestine, I doubt anybody outside the Clinton Clique..knows just who attended!
   I suppose we can rest assured they were a bunch of Sopcialist/Marxists though..

   Anyway; that is all "water over the dam", we are concerned with the HERE & NOW..

        The President's announcement alone..by way of  speculator's and OPEC'S concerns..caused the world price of oil to slide 10% over the last 3 days...
  ...whether our fuel costs rise or fall..is now up to Congress..


     Must I repeat ?...           <<<<  THE BALL IS IN CONGRESS' COURT !   >>>>
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline SHOOTALL

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 23836
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #37 on: July 18, 2008, 12:56:10 PM »
ILLEGAL WAR ?
If ya can see it ya can hit it !

Offline deltecs

  • Trade Count: (2)
  • Senior Member
  • *****
  • Posts: 1605
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #38 on: July 18, 2008, 02:36:42 PM »
Bush et al plundered the Treasury, started a needless illegal foreign war, borders wide open, surrogate for some little apex country, trashed the economy, some alledge terrorist attack on his watch, and totally rolled back our Constituionally guaranteed freedoms in the name of some oversold tired W OF T.....He should have been thrown out of office and sent to exile to his 100,000 acre ranch in Paraquay and never heard from again, or worse.  He (and this Congress) will go down in history as the absolute worst and most corrupt president ever; and ever posing as a conservative.

..TM7

I'll bet you are wrong that Bush will go down as the most corrupt president ever.  He still has a long way to go to beat Cliinton, in my book.
Greg lost his battle with cancer last week on April 2nd 2009. RIP Greg. We miss you.

Greg
deltecs
Detente: An armed citizenry versus a liberal society
Opinion(s) are expressly mine alone and do not necessarily agree with those of GB or GBO mgmt.

Offline DakotaElkSlayer

  • Trade Count: (0)
  • A Real Regular
  • ****
  • Posts: 898
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #39 on: July 18, 2008, 02:58:07 PM »
          The President's announcement alone..by way of  speculator's and OPEC'S concerns..caused the world price of oil to slide 10% over the last 3 days...
  ...whether our fuel costs rise or fall..is now up to Congress..


     Must I repeat ?...           <<<<  THE BALL IS IN CONGRESS' COURT !   >>>>

Ironglow,
Something totally NON-POLITICAL I want to add...  My wife got an email or letter from one of the airline CEO's.  The letter to try to get people to write congress or something; didn't pay that much attention.  The letter had a valid point, don't know if it was factual or not.  The CEO blamed high prices on speculation...  He stated something along the lines that back when gas was cheaper, only a small percentage was sold on speculation.  Recently, the amount bought through speculation has greatly increased and has contributed to much higher prices.  Anyone who didn't sleep through ECON want to elaborate on this?

Jim
He who joyfully marches in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would suffice.

- Albert Einstein

Offline Sourdough

  • Trade Count: (1)
  • Senior Member
  • *****
  • Posts: 8150
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #40 on: July 18, 2008, 09:17:04 PM »
Oil and Natural Gas has been found under Cook Inlet.  The greenies have already brought suite in court to have the Cook Inlet Baluga Whales classified as endangered.  That way they can stop any drilling in Cook Inlet.  They are already trying to stop drilling in the Bearing Sea due to Walrus and Polar Bears.  The only large animal that lived on the  ANWR coastal plain year round, (recently transplanted Musk Oxen) Have all disappeared.  They died off and F&G has no idea why.  There goes one of the greenies reasons for not drilling in ANWR.
Where is old Joe when we really need him?  Alaska Independence    Calling Illegal Immigrants "Undocumented Aliens" is like calling Drug Dealers "Unlicensed Pharmacists"
What Is A Veteran?
A 'Veteran' -- whether active duty, discharged, retired, or reserve -- is someone who, at one point in his life, wrote a blank check made payable to 'The United States of America,' for an amount of 'up to, and including his life.' That is honor, and there are way too many people in this country today who no longer understand that fact.

Offline ironglow

  • GBO Supporter
  • Trade Count: (9)
  • Senior Member
  • *****
  • Posts: 31074
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #41 on: July 19, 2008, 01:06:18 AM »
  Sourdough;
  Obviously; the "Greenies" are some of our biggest enemies to progress in our nation. I prefer to use not the term "greenies".. but rather, "watermelons",
  green outside but RED inside. These turkeys simply hate US because it is a free enterprise nation, not based on the Socialist/Marxist view. One need only
  talk to them or even listen to them for a short time to see clearly that such is their "hangup".
     Further proof ! their buddies in red China are the worst polluters in the world, but not a peep from them..at least not the hassle they give decent folks
    here in the US..

  Dakota;
    A "non-political " statement like that deserves a non-political answer..The spectre of fresh exploration and drilling was raised by an unnamed, high place,
  US official. High enough placed to possibly get the ball rolling on new venues for oil sources. Oil speculators reacted, bringing about the sharpest one week
  decline in  crude prices in history (12%) ! Drudge has a posting this morning.. Such speculative pull back can continue into the future, if the plan for new
   exploration and production materialize.

              More firmly than ever, I say " THE BALL IS IN CONGRESS' COURT !"   (below, see speculators dumping oil stocks.)
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline SHOOTALL

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 23836
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #42 on: July 21, 2008, 01:30:26 AM »
As i ride around i notice on lots many SUV's and PU trucks not being sold , in driveways i see the same etc. . It appears the big SUV and PU truck are endangered , A law must be passed to support the use of these trucks . We must have Govt. money set aside to help pay for the fuel these trucks need . Drivers / owners should not only recieve tax breaks but cash support at the pumps .
In the sprit of Robin Hood the Govt should tax the small car driver to pay for the big trucks gas in an effort to make us all equal !
If ya can see it ya can hit it !

Offline NYH1

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 1695
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #43 on: July 21, 2008, 07:32:45 AM »
They can do all the offshore drilling for oil they want, heck they can drill for oil in all of our back yards and that isn't going to help with the cost of oil one bit.  The oil companies will have a million reasons to justify why the prices are still so high, and the government Republican't and Dumbocraps alike won't do anything about it.  If oil cost $130 a barrel if pumped from the Middle East, it's going to cost $130 a barrel if pumped from your back yard.....don't kid yourselves!
"ROLL TIDE". . .Back To Back. . .Three In The Last Four Years "GO GIANTS"  "YANKEES"

Offline NYH1

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 1695
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #44 on: July 21, 2008, 07:55:14 AM »
Ya, I thought my memory was pretty good!  I think I also remember that Cheney held an "energy task force" when the Administration was working on a national energy policy.  Hmmm...didn't the Sierra Club launch a lawsuit to find out who showed up to participate?  Did we not find out years later that Big Oil were the ones that met with Cheney?  Let me get this straight, make an energy policy based on recommendations from oil companies and then act suprised when oil reaches record prices a few years later?!

Jim
Yeah, that's like having Colonel Sanders guard the chickens!
"ROLL TIDE". . .Back To Back. . .Three In The Last Four Years "GO GIANTS"  "YANKEES"

Offline DakotaElkSlayer

  • Trade Count: (0)
  • A Real Regular
  • ****
  • Posts: 898
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #45 on: July 21, 2008, 07:00:44 PM »
   Dakota;
    A "non-political " statement like that deserves a non-political answer..The spectre of fresh exploration and drilling was raised by an unnamed, high place,
  US official. High enough placed to possibly get the ball rolling on new venues for oil sources. Oil speculators reacted, bringing about the sharpest one week
  decline in  crude prices in history (12%) ! Drudge has a posting this morning.. Such speculative pull back can continue into the future, if the plan for new
   exploration and production materialize.

              More firmly than ever, I say " THE BALL IS IN CONGRESS' COURT !"   (below, see speculators dumping oil stocks.)

Seriously, wouldn't we be farther ahead if Bush announced tomorrow that the national speed limit was going to be put back down to 55mph???  I am pretty sure that would conserve more oil than we would get from the likes of drilling ANWAR or the coasts.  Best of all, it would be instantaneous...

Jim
He who joyfully marches in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would suffice.

- Albert Einstein

Offline DakotaElkSlayer

  • Trade Count: (0)
  • A Real Regular
  • ****
  • Posts: 898
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #46 on: July 21, 2008, 07:02:42 PM »
Ya, I thought my memory was pretty good!  I think I also remember that Cheney held an "energy task force" when the Administration was working on a national energy policy.  Hmmm...didn't the Sierra Club launch a lawsuit to find out who showed up to participate?  Did we not find out years later that Big Oil were the ones that met with Cheney?  Let me get this straight, make an energy policy based on recommendations from oil companies and then act suprised when oil reaches record prices a few years later?!

Jim
Yeah, that's like having Colonel Sanders guard the chickens!
Or, like having the president of PETA head your state's Fish and Game!

Jim
He who joyfully marches in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would suffice.

- Albert Einstein

Offline ironglow

  • GBO Supporter
  • Trade Count: (9)
  • Senior Member
  • *****
  • Posts: 31074
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #47 on: July 22, 2008, 03:43:11 AM »
This thread: Prez Bush lifts executive ban on offshore drilling....

     Let's THINK now,,,Which end of the court is the ball in ?
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline ironglow

  • GBO Supporter
  • Trade Count: (9)
  • Senior Member
  • *****
  • Posts: 31074
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #48 on: July 22, 2008, 04:26:49 PM »
  the ball, the ball..who's got the ball ?
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline 30-06man

  • Trade Count: (2)
  • Senior Member
  • *****
  • Posts: 2604
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #49 on: July 22, 2008, 05:10:43 PM »
  the ball, the ball..who's got the ball ?

It got lost somewhere in between Nancy Pelosi and Obama.
The sportsman lives his life vicariously. For he secretly yearns to have lived before, in a simpler time. A time when his love for the land, water, fish and wildlife would be more than just part of his life. It would be his state of mind

Rick

Offline NYH1

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 1695
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #50 on: July 22, 2008, 06:32:40 PM »
Ya, I thought my memory was pretty good!  I think I also remember that Cheney held an "energy task force" when the Administration was working on a national energy policy.  Hmmm...didn't the Sierra Club launch a lawsuit to find out who showed up to participate?  Did we not find out years later that Big Oil were the ones that met with Cheney?  Let me get this straight, make an energy policy based on recommendations from oil companies and then act suprised when oil reaches record prices a few years later?!

Jim
Yeah, that's like having Colonel Sanders guard the chickens!
Or, like having the president of PETA head your state's Fish and Game!

Jim
Pete Grannis, so far so good.  Cheney meeting with the big oil executives to come up with a solid energy plan, so far not so good.   
"ROLL TIDE". . .Back To Back. . .Three In The Last Four Years "GO GIANTS"  "YANKEES"

Offline ironglow

  • GBO Supporter
  • Trade Count: (9)
  • Senior Member
  • *****
  • Posts: 31074
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #51 on: July 23, 2008, 12:53:19 PM »
TM;
  I didn't avoid your question, I just considered it a moot point. Bush #41 may have been wrong !  The Congress may well have been wrong many times since 1990 !
 
 In any case, do you suppose it is just possible that the situation may have possibly changed over the last 18 years ? Now, I know the radical Muslims think the
  "crusades" happened just yesterday..but we don't have to adopt the same thought processes.. ;)
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline DakotaElkSlayer

  • Trade Count: (0)
  • A Real Regular
  • ****
  • Posts: 898
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #52 on: July 23, 2008, 07:21:05 PM »
  Just looked online and I found that adopting a national speed limit of 55mph will save 167,000 barrels of oil a day!!!  Why aren't you folks yelling for this?!

Warner cited studies that showed the 55 mph speed limit saved 167,000 barrels of oil a day, or 2 percent of the country's highway fuel consumption, while avoiding up to 4,000 traffic deaths a year.

"Given the significant increase in the number of vehicles on America's highway system from 1974 to 2008, one could assume that the amount of fuel that could be conserved today is far greater," Warner wrote Bodman.


Jim
He who joyfully marches in rank and file has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would suffice.

- Albert Einstein

Offline 30-06man

  • Trade Count: (2)
  • Senior Member
  • *****
  • Posts: 2604
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #53 on: July 23, 2008, 08:51:46 PM »
  Just looked online and I found that adopting a national speed limit of 55mph will save 167,000 barrels of oil a day!!!  Why aren't you folks yelling for this?!

Warner cited studies that showed the 55 mph speed limit saved 167,000 barrels of oil a day, or 2 percent of the country's highway fuel consumption, while avoiding up to 4,000 traffic deaths a year.

"Given the significant increase in the number of vehicles on America's highway system from 1974 to 2008, one could assume that the amount of fuel that could be conserved today is far greater," Warner wrote Bodman.


Jim


Heck back then people actually cared that they got good fuel mileage. Try to find a good fuel efficient car today that gets around 30MPG city and that isn't a Hybrid. Its very hard but back then you could find one easily. Today I see women and men driving in Ford Excursions and Hummers and not using them for anything. They don't use them as a truck and they don't need all of that space. You can fit a family of 4 info a Honda Accord or something like that and have good a good amount of room and drive two or three times as far on that one tank of gas. I drive a Dodge Ram 2500 but I use it all of the time hauling a load that I couldn't haul with a Ranger or F150. Also I am getting decent fuel mileage, its just the prices. I drive about 57 on the interstate now as it is where I get my best fuel mileage. I get 23-24 with a 5.9 Liter Cummins Diseal.
The sportsman lives his life vicariously. For he secretly yearns to have lived before, in a simpler time. A time when his love for the land, water, fish and wildlife would be more than just part of his life. It would be his state of mind

Rick

Offline ironglow

  • GBO Supporter
  • Trade Count: (9)
  • Senior Member
  • *****
  • Posts: 31074
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #54 on: July 24, 2008, 05:06:11 AM »
 Now TM;
   First off, I doubt the "secret meetings" term..just because the veep wants some info from the best able persons that can provide it,
   doesn't necessarily mean it must be put on TV as if it were Congressional hearings..
 

   Use your gray matter..I have heard all kinds of complaints about Cheney wanting to increase oil production..so he talks to "oil men".

  Tsk,tsk..if one wants to hear ways to ensure a steady supply of oil, who should he talk to..PETA..the Girl Scouts..Mothers against Drunk driving,
   environmentalist whackos...or the people who KNOW SOMETHING ABOUT the exploration, recovery, refining and distribution of petroleum ?
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline ironglow

  • GBO Supporter
  • Trade Count: (9)
  • Senior Member
  • *****
  • Posts: 31074
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #55 on: July 24, 2008, 06:32:18 PM »
TM;
  I would just bet there were meetings about beef prices, college tuitions, Humvee procurement, maritime laws, mad cow disease and the honey bee problem..
  and they were not widely publicized either..pretty much depends upon what "trips your trigger", I suppose..
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline Glanceblamm

  • Trade Count: (0)
  • Senior Member
  • *****
  • Posts: 2814
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #56 on: July 25, 2008, 02:53:59 AM »
DakotaElkSlayer Wrote:
Quote
The CEO blamed high prices on speculation...  He stated something along the lines that back when gas was cheaper, only a small percentage was sold on speculation.  Recently, the amount bought through speculation has greatly increased and has contributed to much higher prices.  Anyone who didn't sleep through ECON want to elaborate on this?

This (IMO) is a true statement. Can we give those people (the speculators) riddilin or something ???
It seems like the oldest one playing this game deals with the Coffee bean futures as you really have to watch when you buy because of the wide price fluctuations. Perhaps others to include oil are learning this because if someone
Sneezes on the Kurdish border [SIC] the prices will skyrocket.
It (the economy) really isnt about what one can do to help society out anymore but rather to do what one can do to earn the dollar.

Offline 30-06man

  • Trade Count: (2)
  • Senior Member
  • *****
  • Posts: 2604
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #57 on: July 27, 2008, 06:51:59 PM »
I paid $4.29 this morning for diesel and $3.49 for gas. It seemed to drop fuel prices some and hopefully more. Also the higher prices of diesel is due to China stocking up on it for the Olympics.
The sportsman lives his life vicariously. For he secretly yearns to have lived before, in a simpler time. A time when his love for the land, water, fish and wildlife would be more than just part of his life. It would be his state of mind

Rick

Offline ironglow

  • GBO Supporter
  • Trade Count: (9)
  • Senior Member
  • *****
  • Posts: 31074
  • Gender: Male
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #58 on: July 27, 2008, 11:34:07 PM »
  If the fuel prices do come down, you can bet that as usual, they won't come down to where they were just a few months ago. If history is any teacher, they will do
  just as they always have over the last 45 years (since OPEC)...pull back part way..
  That way, gullible folks will say; "Oh relief, wonderful, I can afford to drive again". Then they will go on as I have seen them a dozen times before. the politicians
  who were for "energy independence" will back off a bit, since the public is no longer excited and demanding..and the politicians that are "in the tank" for the greenies,
  Luddites and "hate America" crowd, will breathe a sigh of relief and turn back to sipping their Starbucks as they drive to their senate office in their big SUV.
        Sure, our threat to become energy independent by renewed exploration & drilling will help to bring prices down, temporarily..but as soon as we relax our demands
  for independence and go back to the same old reliance upon our enemies for our oil supplies..the prices will go up again..
          
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline 30-06man

  • Trade Count: (2)
  • Senior Member
  • *****
  • Posts: 2604
Re: President Bush lifts Executive Ban on Offshore Drilling
« Reply #59 on: July 28, 2008, 05:46:48 AM »
  If the fuel prices do come down, you can bet that as usual, they won't come down to where they were just a few months ago. If history is any teacher, they will do
  just as they always have over the last 45 years (since OPEC)...pull back part way..
  That way, gullible folks will say; "Oh relief, wonderful, I can afford to drive again". Then they will go on as I have seen them a dozen times before. the politicians
  who were for "energy independence" will back off a bit, since the public is no longer excited and demanding..and the politicians that are "in the tank" for the greenies,
  Luddites and "hate America" crowd, will breathe a sigh of relief and turn back to sipping their Starbucks as they drive to their senate office in their big SUV.
        Sure, our threat to become energy independent by renewed exploration & drilling will help to bring prices down, temporarily..but as soon as we relax our demands
  for independence and go back to the same old reliance upon our enemies for our oil supplies..the prices will go up again..
          
I don't think I could have said it any better. I heard the other day Chevron was ready to start drilling off of the Alantic but the Dem congress has stopped it already.
The sportsman lives his life vicariously. For he secretly yearns to have lived before, in a simpler time. A time when his love for the land, water, fish and wildlife would be more than just part of his life. It would be his state of mind

Rick