How bout Dem gas prices..

[OldDog]

It looks like the Saudi's strategery for knocking US shale oil producers out of the market is in full bloom.
http://www.businessinsider.com/afp-s...eeting-2014-11

Not that the current administration would mind.

[bigrun]

Originally Posted by OldDog

It looks like the Saudi's strategery for knocking US shale oil producers out of the market is in full bloom.
http://www.businessinsider.com/afp-s...eeting-2014-11

Not that the current administration would mind.

Nor the last one

[Danzig]

Originally Posted by OldDog

It looks like the Saudi's strategery for knocking US shale oil producers out of the market is in full bloom.
http://www.businessinsider.com/afp-s...eeting-2014-11

Not that the current administration would mind.

what should the admin do?

[knickslions2]

Hey more money in me pocket for Tampa trip

[Danzig]

Originally Posted by knickslions2

Hey more money in me pocket for Tampa trip

and mine to the west coast!

[GenuineRisk]

I hope gas prices stay low through the holidays. We don't own a car (living in a city with good public transit, you don't need one), but the cost of renting one to go visit my parents ain't cheap. It's so expensive to rent a car in Manhattan, that being willing to travel an hour by subway to a branch in one of the outer boroughs is saving me over $200 off a week rental. Yeesh. The rental is still almost $500. Sigh. So yeah, less expensive gas would be nice.

[dellinger63]

Originally Posted by GenuineRisk

I hope gas prices stay low through the holidays. We don't own a car (living in a city with good public transit, you don't need one), but the cost of renting one to go visit my parents ain't cheap. It's so expensive to rent a car in Manhattan, that being willing to travel an hour by subway to a branch in one of the outer boroughs is saving me over $200 off a week rental. Yeesh. The rental is still almost $500. Sigh. So yeah, less expensive gas would be nice.

If you drive 8 hours each way or 1,000 miles total in a rental that gets 30mpg highway, the savings reaped with gas being $2.50 as opposed to $3.50 is a total of $33.30 and may cover half the taxes charged on the rental.

Nice, but not all that nice.

[GenuineRisk]

Originally Posted by dellinger63

If you drive 8 hours each way or 1,000 miles total in a rental that gets 30mpg highway, the savings reaped with gas being $2.50 as opposed to $3.50 is a total of $33.30 and may cover half the taxes charged on the rental.

Nice, but not all that nice.

Sadly, this year has been rough enough that $33.30 seems like a gift. There are things I like a lot about working freelance, but waiting 9 months to get paid is not one of them, for sure.

[OldDog]

Originally Posted by Danzig

what should the admin do?

Nothing. My point was that his interests typically coincide with his environmentalist supporters, who wouldn't mind seeing US shale oil production decrease. Hence he -- and they -- wouldn't mind what the Saudis are doing. They might even welcome it.

[dellinger63]

Originally Posted by OldDog

Nothing. My point was that his interests typically coincide with his environmentalist supporters, who wouldn't mind seeing US shale oil production decrease. Hence he -- and they -- wouldn't mind what the Saudis are doing. They might even welcome it.

When you consider the top 10 oil producing countries account for 63% of the world's production and other than the 17% representing the US and Canada's share, it is split up among Russia, Saudi Arabia, China, Iran, UAE, Venezuela, Kuwait and Iraq with some of the above named countries funding terror groups like ISIS and Al-Qaeda. A reduction in price/profit has to be a net-good thing.

The country used 134.5 billion gallons of gasoline in 2013. A dollar a gallon in savings has to offset the jobs/money lost due to a reduction in domestic oil production. Especially when you consider how much U.S. money is going to the 8 countries mentioned above.

Despite the $3 billion payoff in U.S. taxpayer money given to these clowns by BO.

http://www.judicialwatch.org/blog/20...orist-nations/

[Danzig]

Originally Posted by OldDog

Nothing. My point was that his interests typically coincide with his environmentalist supporters, who wouldn't mind seeing US shale oil production decrease. Hence he -- and they -- wouldn't mind what the Saudis are doing. They might even welcome it.

from what i've seen, domestic oil production has actually increased under obama. that while emissions have decreased.
we have to get a handle on things as far as pollution and the green house effect, we can only do so much to this planet...if it gets ruined, it's not like there's another planet nearby to go to!

[OldDog]

Originally Posted by Danzig

from what i've seen, domestic oil production has actually increased under obama.

Because of or in spite of is debatable.

Originally Posted by Danzig

that while emissions have decreased.

Deep recessions will have that effect. That, and cheap natural gas.

[Kasept]

6 ways the oil price drop is great for the American economy
http://www.vox.com/2014/12/3/7319787/oil-economy

[Danzig]

Originally Posted by OldDog

Because of or in spite of is debatable.


Deep recessions will have that effect. That, and cheap natural gas.

i have always said that presidents get too much credit, or too much blame. just reporting that since it's a fact that there has been more output-we actually are producing more than we import now. and without opening more federal lands at that.

[Arletta]

Gas war going on in Oklahoma. $1.99 per gallon.

http://money.cnn.com/2014/12/03/news...gas/index.html