posted March 06, 2012 04:53 AM            

*************************

in other words, jwhop, this has been going on for a long time...i know you understand some of this! your knowledge of what the FED has contributed to the current situation is spot on...

and it went on during reagan's administration too.

the thing is, reagan was right about BIG government and too much regulation. he either didn't realize, or didn't want to admit, that BIG corporations have been acquiring the rights to everything produced in this country, physical and intellectual, for decades, and making it legal for the government to HAVE TO BAIL OUT their failures.

and oops! did he say the fed gov bailed out lockheed in the early 70s? i do believe he did.

posted March 06, 2012 05:17 AM            

but he had hopes that through education the "davids" of the world would see through this invisible structure...and they are. fast enough? who knows?

posted March 06, 2012 10:10 AM            

this big mess, has been going on
for a very long time...

The Problem is O'bama wasn't/is
the answer, he's corrupt..
he's not even a citizen of the
United States..I've gotten
enough AFFIRMATIONS, he was born
in Africa...
He's rich, been living the high life...
it just seems like a joke to me..
people can't see and hear Truth..
One must go within for the answers..

And should we really pick a side?
Democrats or Republicans?
We created two sides, polarities..
for this world works that way,
but what we need to do is, be in the
Middle 50/50, this is what was suppose
to be achieved, united, together..
not donkeys against elephants..
which would you choose..
if you could just pick a symbol,
a donkey or elephant..

I have elephants all over my house
for good fortune, they're from my
grandmother..

donkeys are stubborn,
why was Jesus on one?
where you see this symbol
there will be lies covered up..
it's unfortunate..sigh

The Answer
is for A11 to Unite...

Is this Possible?

posted March 06, 2012 11:39 AM            

quote:

---

Originally posted by Emeraldopal:
katatonic,

this big mess, has been going on
for a very long time...

The Problem is O'bama wasn't/is
the answer, he's corrupt..
he's not even a citizen of the
United States..I've gotten
enough AFFIRMATIONS, he was born
in Africa...
He's rich, been living the high life...
it just seems like a joke to me..
people can't see and hear Truth..
One must go within for the answers..

---

posted March 06, 2012 11:46 AM            

Manchester, NH
Gas $3.61 a gallon...

posted March 06, 2012 03:50 PM            

O'Bomber's attempt to play venture capitalist with US taxpayer funds have been worse than a dismal failure.

All the horshiiit excuses leftists are making for this zero in the White House aren't going to save his sorry butt from voters in November.

Neither is quoting obscure papers written a generation or more ago by people who couldn't find their own butts.

To all the America haters, all the American haters and all the capitalist haters. UP YOURS.

It was America and Americans who stabilized Europe after WWI and again after WWII..along with stablizing and rebuilding both Europe and Japan and at great cost in both American blood and treasure.

I'm totally unprepared to hear any bleating bullshiiit from leftists whose idols and icons of Socialism were and still are the most murderous thugs in the history of planet earth.

Nor, am I prepared to have anyone tell me that they believe the wealth some have earned by their hard work and smarts should be stolen by government and given to someone else...mainly themselves AND at the same time yip and yap that they themselves are not Socialists.

posted March 06, 2012 04:03 PM            

what an actor makes
compared to a

ballet dancer

makes no sense!

is one talent valued
more than the Other?

posted March 06, 2012 04:25 PM            

that things are

off balance

and that is the problem

we are all equal..
no One should be valued more
than Another.. ..

that's what A11 this
is about...

the polar shift
wi11 be Our doing...

for we have not achieved
Mastership
Harmony
Balance

LOVE = 21 The World

shown as the Earth
wearing a Crown
Victory

Victor, at last
Master OOber

EXPECT A MIRACLE

50/50

woohoo!!!

posted March 06, 2012 05:44 PM            

Gas prices are going up, yes.

The thread title implies this is Obama's fault, which is false.

And- JW it is too bad you didn't watch the video of Doocy reading a copy of the talking points memo on Foxxy Nuws.

posted March 07, 2012 10:44 AM            

quote:

---

Originally posted by Randall:
Speculation with oil is driven by fear and based on supply and demand like any other commodity that is traded. Obama's actions have a direct impact on that.

---

Yep

------------------
Passion, Lust, Desire. Check out my journal

posted March 07, 2012 11:04 AM            

as would be our going in guns blazing to iran, syria, or any other place in the middle east.

posted March 07, 2012 11:12 AM            

fuller was not a socialist, as i said he didn't believe in political solutions to our problems.

i guess it really is a matter of COMPARISON to some. if EVERYone has lots, then what will make them feel superior? THIS is the voice of fear.

i hear ann romney is now saying she doesn't FEEL rich. i have to wonder, what will it take to satisfy some people?

the GM bailout worked too, jwhop. just because the volt has problems doesn't mean it wasn't. VOLVO just recalled many thousands of due to an electrical fault. recently toyota had a publicity problem too. these are thriving companies.

you mentioned awhile ago that "people WANT japanese cars" ... well, there was a time when japanese cars were called "cheap japanese sh!t" and you are old enough to remember it. some things take time to catch on, and the volt obviously needs more work, but that doesn't mean GM is not thriving again!

fuller was no america-hater, quite the opposite. he saw a lot of america's "image problems" as a result of multinationals PRETENDING to be american firms. this goes on today...

posted March 07, 2012 01:35 PM            

Prices are driven by fear..both up and down and they're directly related to supply and demand and trying to see through the murky haze of future supply and demand by people who make their livings predicting the direction prices are going to go...in all commodities of which crude oil is only 1.

This is going to be a longer than usual post because there's more involved here than actual prices today. A really good investor knows prices move as much on buyer or seller perceptions of what's going on as the actual numbers today...reality.

Let a long range weather forecast of lower than normal rainfall in the Midwest...the wheat and corn belt, come out and immediately or almost immediately, the futures contract prices of corn and wheat will skyrocket. It's not just investors/speculators who buy futures contracts for commodities like wheat, corn, oil, cattle, hogs etc, it's also meat packing houses, vegetable canners like Hunt, Kerns, Heinz, Exxon Mobile, et al. They all want to lock in todays lower prices in commodities futures contracts to hedge against having to pay much higher prices later when the predicted lower rainfall actually happens...if it happens, and the corn, wheat and everything else associated with these commodities are going to cost a lot more...including the price of beef, pork and chicken which are fed corn and wheat as animal feeds. They are acting on perception, not reality...because what they fear hasn't happened yet...and may not happen at all.

I'm not going to post a single source to back up what I'm going to say. This is what I've learned in more than 30 years of investing. A report from an industry stock analyst can drive stock prices straight down the tubes if that report predicts lower than estimated earnings for a company or even a sector. And I'm talking about a difference in expectations of merely pennies per share. "The Street" has estimated XYZ company will have earning of..say $1.29 per share. An analyst or even the company itself suddenly reports they've lowered their projections to only $1.18 per share. The stock market reacts immediately and the stock takes a nosedive. It's the very same company, very same management team in place, making the very same products and nothing whatsoever has happened in the present..except their stock price is taking a beating on the perception of some future event.

All this was a prelude to understanding what happened when George Bush told the world he was lifting the drilling moratorium for offshore and onshore drilling and encouraged oil companies to DRILL, BABY DRILL.

America is the biggest user of oil in the world and most of our oil comes from outside the United States. The US is the world's biggest customer for most oil producers.

It's no secret the US has the largest fossil fuel reserves in the world...except, it seems to be a big secret from most US citizens. Imagine what would happen to the oil revenues of most nations who sell oil to the US if we increased our own oil production only 10% and we have the capacity to go much further than that and be completely independent of any outside oil imports for at least the next 200-250 years.

What did happen in reality is that a shock wave rolled through the oil producers and oil brokers and oil traders like a tsunami when Bush made his announcement and all that talk about $149 oil and even $200 per barrel oil evaporated overnight. Those holding futures oil contracts they had bought at high prices started trying to sell those contracts out at the best price they could get. Each day, the price they could get went lower and lower and lower. Many futures contract holders took a financial bath as they had to sell at prices below what they had paid. At the end of the Bush caused tsunami, futures contracts couldn't even be sold at $40 per barrel because the price of crude had dropped to less than $33 the day Bush left office.

This happened because Bush had credibility. He, as President of the nation with the largest fossil fuel reserves in the entire world could make the US energy independent of the rest of the world...if he wanted to do that....and oil producers, traders and brokers knew that.

Oil is now rising again and gas prices are rising again...because O'Bomber has credibility too. But, it's an entirely different kind of credibility.

O'Bomber almost immediately blocked the lifiting of the drilling moratium Bush put in place. He closed the Gulf of Mexico to drilling, closed off onshore drilling..even on patches of public land oil companies had paid billions to explore, drill and produce oil and his last outrage was rejecting the XL Pipeline from Canada to our refineries in Houston which would carry almost a million barrels of oil a day to the US.

O'Bomber has given foreign oil producers, oil brokers and oil futures investors a license to pick the pockets of American consumers of gasoline, diesel, heating oil and everything else made from crude oil...like chemical fertilizer...and that's exactly what's happening.

While so called industry "experts" and their accomplices in the O'Bomber press point to the instability in the Middle East and try to tie rising oil and gas prices to that issue and Iran's threats to close the Strait of Hormuz through which 1 in every 5 barrels of crude oil transit on the way to their various markets, it's bullshiiit.

The US has 2 aircraft carrier fleets in the Arabian Sea. IF..and I said IF Iran ever attempted to close the Strait of Hormuz by sinking oil tankers in the choke point to close it off to transiting oil tankers; the US has more than sufficient aircraft, sufficient surface ships and sufficient subs in the area to totally destroy every military surface vessel and every military aircraft in the Iranian military forces...in about 1 damned day. At the end of that engagement, Iran would be lucky if they had even a rowboat still afloat or a prop driven crop duster able to fly.

In addition to all that, both France and Britain have sent warships to the area which are either on the way, are there already or soon will be.

Iran is not going to be permitted to close the Strait of Hormuz through which oil to fuel Western economies flows. Period.

Now, you can believe whatever you want to believe. You can believe so called "industry experts" who have a vested interest in high oil and gas prices and their accomplices in the press who are attempting to protect O'Bomber from the stupidity of his insane energy policies...or you can believe the supply and demand explanation for prices which has operated since the dawn of human civilization.

When supplies are low and demand is stable or going up...prices go up.

When supplies are high or stable and demand is going down, prices go down.

O'Bomber and his idiot Energy Secretary are intervening to keep supplies down and prices high and rising higher. They are on record as wanting gas prices to rise to the level of Europe.

posted March 07, 2012 04:34 PM            

the fact remains that demand is going up here at home, though it is down from PREVIOUS levels, and that obama has given plenty of leases out in the gulf and elsewhere.

i heard limbaugh talking today about how jets can't run on anything besides oil, well, i'm sure many agree but that is open to challenge. fuller also mentions a fellow named macready who flew the english channel on solar only power many years ago.

the other fact that remains is that the oil companies really are never going to be able to make as much from solar power and use their might in the bank and washington to make sure it is difficult to put solar into practice.

solyndra failed as much because of timing and the stressed market as for any other reason.

posted March 07, 2012 05:44 PM            

While O'Bomber talks out of both sides of his mouth, drilling permits are down in the Gulf of Mexico by 88%...and it's not because there's no oil there to find and produce.

While O'Bomber is publicly saying he's lifted the drilling moratorium, he's privately told regulators that doesn't mean they have to actually ISSUE new permits or even reapprove existing permits without costly revisions and resubmission of very costly drilling procedures paid for by oil companies.

There's no two ways about it. Barack Hussein O'Bomber is just an opportunistic liar who talks out of both sides of his lying mouth.

As for increased oil production, how many times does this have to be said to you...and others.

Most of the new oil is coming from the Bakkan oil fields which has huge reserves but which are on private property where O'Bomber and his idiot regulators can't interfere with producions.

O'Bomber and his clownish comrades have nothing whatsoever to do with increased oil production in the United States.

posted March 07, 2012 11:32 PM            

the tar sands is not going to be landing here either, but in port to be transported elsewhere. american oil is no more american than any other multinational asset. it is multinational oil. precisely as fuller said, whether he could find his arse or not. since he lived about 90 years i suspect he did a pretty good job of THAT too.

it was the STATES through which tarsands was plotted to go that did not want it. not a bunch of "leftists", least last i heard nebraska et al were not particularly leftist states.

posted March 07, 2012 11:43 PM            

A report from an industry stock analyst can drive stock prices straight down the tubes if that report predicts lower than estimated earnings for a company or even a sector.

is what the limbaughs and hannitys are all about, creating shockwaves, in the market and around the country. you are happy to admit that the market reacts like a knee-jerking sheep herd, but you see no problem with the pundits whipping it up. and no connection to prices. the very definition of disconnect.

the market is not a reflection of what is actually happening but of what they are TOLD is happening/going to happen.

people are making money hand over fist. those that have it to spare, that is. those who need to eat their money are the losers here. and spin is the name of the game.

posted March 08, 2012 12:20 AM            

O'Bomber has practically shut down domestic oil production in the areas under his control.

This has led to and will continue to lead to higher oil prices and higher gas prices...which O'Bomber and his idiot Energy Secretary really are after.

How many times do you have to read the facts that Chu is on record as saying the US needs to increase gas prices to the level of Europe.

Americans are becoming aware of O'Bomber's policies..in spite of the lying he's doing at his campaign stops. Only the true blue Socialists and O'Bomber's Kool-Aid drinkers believe $9 and $10 gasoline prices are good for America's economy.

posted March 08, 2012 08:04 PM            

MINNEAPOLIS (WCCO) — It might be one of the biggest issues in the upcoming presidential election. Last night, CBS News exit polls found 77 percent of those voting in seven Super Tuesday states say rising gas prices were an important factor in their vote.

The poll reflects growing consumer anxiety as gas prices have risen nearly 50 cents a gallon in just over two months.

Consumers have been telling us they are cutting corners because for most driving is a necessity.

In Minnesota the average price is 3-58. The current national average for a gallon of regular is 3-76, but some analysts are predicting that gas could rise to $5 by the summer.

When you are an independent contractor like Tod Matthison, driving 200 to 300 miles a day, rising gas prices mean a smaller paycheck

“I average five hundred to eight hundred dollars a month in gas expense so it really cut into our overhead,” said

Matthison says he would like to cut back, but he can’t

“It’s scary, but what do you do? I have been doing this for 20, 25 years,” said Matthison.

Voters in Super Tuesday contests say gas prices were the most critical factor in their vote. The candidate who made the most dramatic promise to lower gas prices was Newt Gingrich, who said his plan that emphasizes expanded drilling would make gas $2.50 a gallon.

Voters clearly didn’t buy Gingrich’s promise he only won his home state of Georgia. Consumers should be wary of any guarantees, according to one Carlson School of Management Professor. He says the volatility in prices in recent years make fturue prices impossible to

“We don’t know if anybody tells you they know if gas prices are going up or down they just believe in their own magic,”

On Wednesday in Washington D.C., there was a hearing where Republicans and Democrats offered very different views of how to deal with this issue from a policy perspective: Democrats are urging conservation and tax breaks for electric vehicles with Republicans urging a dramatic expansion of drilling.

posted March 08, 2012 08:10 PM            

“Last night the two parties reached agreement on amendments to the Highway Bill. I’m happy to report that there are a number of strong job creating measures in the mix. One that stands out is Senator Hoeven’s amendment on the Keystone XL Pipeline.

“Most Americans strongly support building this pipeline and the jobs that would come with it. And it’s incomprehensible to me that the President of the United States is lobbying against it.

“There’s a report this morning that President Obama is personally making phone calls to Democrat Senators he thinks might vote for this amendment. He’s asking them not to. And, frankly, it’s hard to even comprehend how out of touch he is on this issue.

“I mean, think about it: at a moment when millions are out of work, gas prices are skyrocketing and the Middle East is in turmoil, we’ve got a president who’s up making phone calls trying to block a pipeline here at home. It’s unbelievable.

“What we’re seeing in Congress this week is a study in contrasts.

“On the one hand you’ve got a Republican-controlled House that’s about to pass a bipartisan jobs bill that would help entrepreneurs and innovators by getting Washington out of the way. And today we’ve got a Democratic-controlled Senate trying to line up votes against amendments that would create jobs—and a President lobbying against the biggest one.

“We’ve got an opportunity to work together to create jobs. We can do that with these amendments. And we can do that by taking up the bipartisan jobs bill the House will pass later today.

“Let me just say a word about that. The bipartisan jobs bill the House will pass later today is supported by the President. It is ready to go, and I hope that once it gets over to the Senate we'll simply take it up and pass it.

“It's an example of a measure that is supported by Republicans and Democrats and the President that we believe will clear the House with a very large majority. I think the sooner we pass that here in the Senate and send it down to the President for signature, the better.

posted March 10, 2012 02:56 PM            

Meanwhile, under Obama, domestic production of oil has reached record levels of quadruple the drilling rigs over the past three years.

posted March 15, 2012 06:05 PM            

Now,the real story on what O'Bomber has done to energy resources and therefore soaring gasoline prices in America. O'Bomber is just a common, garden variety liar when he says he's increased oil production in America. The only increase in oil production in the US is coming from PRIVATE LAND where O'Bomber and the nutty kooks he employs at the energy dept can't do a thing to stop it.

On federal land, oil production is down 13% just between 2010 and 2011. He's just a congenital liar and his usual audience isn't smart enough to tell a lie from the truth.

O'Bomber is the best friend of high gas prices OPEC has ever had in the White House.

But not for long now. November can't come fast enough.

Fossil fuel production on federal lands at 9 year low
March 15, 2012

The Energy Information Administration (EIA) just released its report, Sales of Fossil Fuels Produced on Federal and Indian Lands, FY 2003 Through FY 2011.[i] This report shows that total fossil fuel production on federal lands is falling, natural gas production on federal lands is falling, and oil production on federal land fell in 2011 ending two years of increase. Specifically the new EIA report shows:

•Fossil fuel (coal, oil, and natural gas) production on Federal and Indian lands is the lowest in the 9 years EIA reports data and is 6 percent less than in fiscal year 2010.

•Crude oil and lease condensate production on Federal and Indian lands is 13 percent lower than in fiscal year 2010.

•Natural gas production on Federal and Indian lands is the lowest in the 9 years that EIA reports data and is 10 percent lower than in fiscal year 2010.

•Natural gas plant liquids production on Federal and Indian lands is 3 percent lower than in fiscal year 2010.

•Coal production on Federal and Indian lands is the lowest in the 9 years of data that EIA reported and is 2 percent lower than in fiscal year 2010.
Fossil Fuel Production on Federal Lands

Crude oil production on Federal and Indian lands decreased 13 percent from 739 million barrels in fiscal year 2010 to 646 million barrels in fiscal year 2011. Production of crude oil on Federal lands is dominated by offshore production, which fell by 17 percent in fiscal year 2011, mostly notably due to government actions taken following the oil spill in the Gulf of Mexico in 2010. These actions include a moratorium on offshore drilling by the Obama Administration, followed by a permit moratorium. Only recently has the Obama Administration leased any federal land offshore to oil and gas drilling.

Natural gas production on Federal and Indian lands decreased every year since fiscal year 2003, the earliest fiscal year EIA reported data. In fiscal year 2011, natural gas production on federal and Indian lands was 4,859 billion cubic feet, 10 percent less than in fiscal year 2010, and 31 percent less than in fiscal year 2003. Offshore natural gas production volumes have been on a consistent downward trend for the last 9 years, and are 63 percent less in fiscal year 2011 than in fiscal year 2003.

Natural gas plant liquids production on Federal and Indian lands peaked in fiscal year 2010 at 115 million barrels and declined to 111 million barrels in fiscal 2011, down 3 percent.

Coal production on Federal and Indian lands peaked at 509 million short tons in fiscal year 2008 and decreased each year since then. In fiscal year 2011, coal production on Federal and Indian lands was 470 million short tons, down 2 percent from fiscal year 2010 production and 8 percent from the peak in fiscal 2008.

Source: Energy Information Administration, Sales of Fossil Fuels Produced on Federal and Indian Lands, FY 2003 Through FY 2011, March 2012, http://www.eia.gov/analysis/requests/federallands/pdf/eia-federallandsales.pdf

Department of Interior Data

EIA received the data from the Office of Natural Resource Revenues (ONRR) in the Department of Interior. The data contain production on federal and Indian lands, both onshore and offshore. They include production volumes for which royalties were paid and production volumes in which no royalties were paid due to lease provisions and/or production transferred to the Strategic Petroleum Reserve under the Royalty-in-Kind programs. According to ONRR, the data can change, but according to EIA, the big picture story will remain.

Conclusion

The big picture is clear that government policies undertaken by the Obama Administration have produced a significant decline in offshore oil production on federal lands in fiscal year 2011. That is certainly not a way to increase domestic production of oil and keep oil and thus gasoline prices in check.

--------------------------------------------------------------------------------

posted March 16, 2012 11:26 AM            

$3.69 today in New Hampshire. ...