How bout Dem gas prices.. - Page 2

dellinger63 · #21 12-03-2014, 11:58 AM

Quote:

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 · #22 12-03-2014, 02:20 PM

Quote:

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 · #23 12-03-2014, 03:53 PM

Quote:

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.

Quote:

Originally Posted by Danzig

that while emissions have decreased.

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

Kasept · #24 12-04-2014, 05:50 AM

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

Danzig · #25 12-04-2014, 10:02 AM

Quote:

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.