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Ed Schultz And Richard Wolffe Explain Global Oil Markets To Republicans

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On Thursday, President Obama derided Republican efforts to score political points over rising gasoline prices, casting his GOP rivals as gleeful at the prospect of the political advantage presented by the misfortune of American consumers. On Thursday night’s The Ed Show, host Ed Schultz and MSNBC contributor Richard Wolffe explained, to Republicans like $2-a-gallon promiser Newt Gingrich, exactly how global oil markets work, and how little domestic production can influence them.

Republicans mocking attempts to conserve fuel and making empty promises about gas prices is nothing new, and neither is Barack Obama’s refusal to play along. During the 2008 campaign, then-Senator Obama’s Republican and Democratic rivals pressed a gas tax holiday that would have crippled highway funding, and done next to nothing to the price of gasoline, and Obama refused to play along. He also suggested that proper tire inflation would be a simple way to help conserve, and Sen. John McCain mocked the idea.

On last night’s The Ed Show, host Ed Schultz played some of the President’s Thursday speech, in which he referenced a Politico article that said “Gasoline prices are on the rise, and Republicans are licking their chops,” and told the crowd that there’s no “silver bullet” for rising gas prices.

Schultz then pointed out that domestic oil production has soared under President Obama. “The Republican talking point that the Keystone pipeline and more drilling would lower gas prices is flat out bogus,” Ed said. “The fact is American oil production has increased dramatically under President Obama and his administration. Since president obama took office, the number of oil rigs, the number of oil rigs operating in the United States of America has more than tripled. Domestic, total domestic oil output is up 8% after declining under President Bush.”

He then asked fellow MSNBC host Martin Bashir to weigh in, and Bashir took a gratuitous, cringe-inducing swipe at Newt Gingrich’s adulterous past, saying of his $2-a-gallin gas promise, “The only thing that Newt Gingrich is very skilled at doing is taking his underpants down in the number of forms of adultery this man commits.”

MSNBC analyst Richard Wolffe was more productive. “This is a party that says ‘We understand the private sector. We understand business. This president is clueless,’” Wolffe said.

“We could be producing any amount of gasoline and crude oil in this country,” he continued, “and it would not affect the price of crude oil around the world. It is so much of a bigger market. Saudi Arabia has more direct impact on the price of oil, and it struggles to influence because demand is so high. There is a world market for oil that is irrelevant when it comes to American policy. We can mitigate some things and plan for longer term but we could drill down to Australia, and Allen West would still have a problem filling up his hummer.”

Republicans have been selling the idea that domestic drilling will lead to lower prices at the pump for years now (remember “Drill, Baby, Drill?”), but the facts, as Wolffe lays them out, haven’t changed. Unfortunately, the claim is appealing, and repeated often, often with the aid of the political media.

President Obama also said, in that speech, that the American people aren’t stupid, they’ll see through this. Whether or not you place a lot of confidence in the smartness of the American people, the fact that this same attack didn’t work in 2008 might offer some comfort.

Here’s the clip, from MSNBC:


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  • The Vicar of Gloveby

    Imagine the outrage of a sitting President giving an “energy speech” and saying that Republicans are “licking their chops” and want high gas prices. Let’s call this guy Obama. Obama then mocks the other party and says they want to drill, drill, drill.

    What other President ever has mocked, demagogued and demonized like Obama?  Nobody.
    Obama is the President of the Democrats, everyone else, to him, is the “enemy”.

  • Anonymous
  • The Real Royal Emperor

    I think you need to repeat. Sanitarium didn’t understand.

  • The Real Royal Emperor

    Willard’s speech was A-W-E-S-O-M-E, wasn’t it? A little under 1,000 people (a little more that 1,200 by Willard’s estimate) to hear a warmed over stump speech, including the the tree height again. I know what you’ll say. In fariness, the part about Mrs. Willard driving two (2) Cadillacs was new. And, that raises a question. Does Mrs. Willard drive both at the same time, or does she drive one on even numbered days and the other on odd-numbered days? Again, in fariness, the “crowd” was uproarious. Well, as much as slightly under 1,000 people can be uproarious.

  • Anonymous

     But the LA Times has solved the oil crisis; buy a moped and move closer to work.

    http://articles.latimes.com/2012/feb/23/opinion/la-ed-gasoline-20120223

  • News Of The World

    They still won’t get it.  You have to talk at a third grade level with lots of entertaining hand and arm motions for GOPBaggers to understand much of anything.  It was a good effort, though.

  • Anonymous
  • Anonymous

    I’d say it’s like the blind leading the blind but it’s closer to Helen Keller teaching a fat Terry Schiavo.

  • Jon Henke

    I love how Obama was able to single handily able to increase oil production in just the last 3 years even though every Democrat has said it takes over 10 years for new drilling to reach the market, and they’ve been saying that for the last 25 years.

    He’s so much smarter that Bushitler who ended the 27 year Presidential Executive order banning outer continental shelf drilling in August 2008 and Congress who let the 25 year congressional ban lapse in September 2008. Both being part of a series of events that drove oil from a peak of $150 a barrel to $35 in just 6 months.

    Obama is the greatest.

  • Anonymous

    Suddenly you understand.  Obama didn’t understand when Bush was in office.  Amazing how you are suddenly attempting to educate the republicans.  We were telling you guys back then – but did you listen? lol

    Weird how what goes around comes around.  Your attempts to ignore your past behavior is not lost on the rest of us.  We remember.  

    Thanks for the info – “a day late and a dollar short”

  • Anonymous

    that”s the sad part.  Perhaps there is one democrat with a backbone who’ll yell it from high that this guy does nothing but degrade, defame and act like the school yard bully.

    who the hell thought he was presidential material?

  • Anonymous

     Ed Schultz, Richard Wolffe and Martin Bashir- MSNBC might have an oil shortage but with these 3, it will never have a gas shortage.

    And Ed on Obama being responsible for more drilling?


    PolitiFact.org, another fact check organization, cited Obama’s boasts of reduced dependence on foreign oil as “half true.”

    “But as PolitiFact has reported before, deep-water production comes after years of exploration and preparation,” the group reported.
    “It does not happen overnight and gains made during Obama’s term so
    far have roots in previous administrations and economic difficulties
    that have had factories and households paring back.”

  • Anonymous

    let’s talk about you – your president.  He makes sure to state constantly that he’s not ours.  That’s not a good thing.  That’s divisive and stupid.  When will you ever learn??

  • The Vicar of Gloveby

    “Ed Schultz And Richard Wolffe Explain Global Oil Markets To Republicans”

    No Republicans can stomach watching you, Schultz.

    “5 Biggest Whoppers In Obama’s Energy Speech”

    http://news.investors.com/article/602120/201202231855/obama-high-gas-price-myths.htm

  • Anonymous

    There was no ‘explaining’ going on when oli prices rose under Bush (even more gradually than now, clearly). No, it was all Bush’s fault.

    Now, the ‘rationalizing’ is happening full-force from these Livid Leftist Media Hacks in hopes of protecting their purple-throned King, Brick OBAMO.

  • Anonymous

    Folks, it’s real simple.

    When you’re a Democrat President, oil prices are high because of the global market.

    When you’re a Republican President, oil prices are high because of THAT PUPPET MASTER MONSTER CHENEY WHO’S TRYING TO RAPE THE WORLD’S RESOURCES BECAUSE OF UH UH HALIBURTON1!!!!!111!!1!!!!!1111 ILLUMINATI IS REAL!!!!!

  • Anonymous

    amazing how team obama gives credit to the president for permits and policies in place before he took office, but not the rise in prices that happened during his time in office

  • Anonymous

    Good grief, it’s no wonder only far-left loons watch this garbage. It’s just cheap shots at Republicans followed by excuses for Obama, followed by more cheap shots.

  • Anonymous

    Its not, it’s to educate Republicans on how the oil market works since so many Republicans are convinced that the president is to blame.

  • Anonymous

    No, Bush was never to blame & neither is Obama.

  • Anonymous

    Anyone who blamed Bush on gas prices back then was wrong just like how anyone who blames Obama for high gas prices is wrong now.

  • Anonymous

    Algae is what makes up the majority of fossil fuels. Believe it or not, it’s not all dinosaurs.

  • Anonymous

    Really? Let’s see who the head of the DNC blamed for $3 gas:

     http://politicons.net/flashback-wasserman-schultz-rails-against-bush-for-3-gallon-gas/

    Yeah, it was Bush and the Repubs who were responsible for $3/gal gas.

  • Anonymous

    I’d like to see some statistics that substantiate his asertion that “production has soared.”  Surely as a responsible, ahem, journalist, he did the research and saw such documentation.  So why doesn’t he bolster his argument by including the information.  Without doing so, he may as well have told us he saw a flying pig.  It carries the same weight.

  • david r

    I imagine Jon Stewart will be looking for new material soon.  Obama’s re-election is a forgone conclusion among all but the most strident right wingers.  Maybe the GOP will figure out they already have the Tea Party vote, so why let them have the most say in policy?  Why the right wing pander-fest?  The Democrats learned their lesson on this, and Clinton-Gore was with us for 8 prosperous years.  But Obama is no Clinton.

  • Anonymous

     What? You mean you don’t think Ed Schultz, Richard Wolffe and Martin Bashir represent diverse viewpoints?

  • Anonymous

    She was wrong back then just as you are wrong right now.

  • The Real Royal Emperor

    I’m not as far along as you on this point, but it is looking better and better for President Obama. If he ends up winning reasonably comfortably, we all need to star working on 2016. We need far, far better candidates in both parties.

  • http://www.facebook.com/people/Dave-Be/1751243136 Dave Be

    The price of oil dropped not because of allowing drilling, but because the whole economy and all markets were in the shitter as well.  Do you think Bush tanked the economy on purpose to drive down oil prices? 

    It takes about 5 years for a new drilling site to start shipping oil.  New drilling can affect prices before that, though, since the price of oil is based on what people think future demand will be. 

    Production is up because prices are up.  Rigs that couldn’t turn a profit at $50 a barrel are able to make a profit now.  The President, and even  Congress, have a lot less control over things like domestic oil production than most people think.  There is a lot of oil still in the oil fields of California and the Gulf Coast and Wyoming/Dakotas, etc.  It just costs more to get out of the ground than oil in the Middle East, so when prices fall, those rigs are shut down.

  • Anonymous

     Explain how I am wrong.

  • Anonymous

     Wrong! She accuses Bush and the Repubs for supporting oil companies to run up the cost of gas. Try again. I’m still waiting for you to explain what I said about Obama that was untrue.

  • http://www.proactivepolitics.blogspot.com/ Norbit Peters

    HYPOCRISY ALERT!

    Where was the “explanation” during the YEARS Bush was being blamed for higher prices?

    The answer is to become oil-independent, with the vast resources we have on hand.
    Weighing the pros and cons of opening gov’t lands to drilling comes down heavily on opening them, given the world circumstances.

  • Anonymous

     BTW, you are one big Obama shill.

  • Anonymous

     not surprised you know pond scum…

  • Anonymous

    Sorry for reading up on alternative fuel sources? I guess that makes me a POS from Republican eyes.

  • WiddleBabyDanielson

     http://pre.cloudfront.goodinc.com/posts/full_1299769706drill.jpg
    or
    domestic oil production at an 8-year-high.  Continue reading on Examiner.com Gas prices rise despite soaring crude oil production and decreasing demand – National Political Buzz | Examiner.com http://www.examiner.com/political-buzz-in-national/gas-prices-rise-despite-soaring-crude-oil-production-and-decreasing-demand#ixzz1nLFinxGf
    or
    Gas Prices Rise despite soaring crude oil production and decreasing demand
    or
    Google search tutorial
    http://video.google.com/videoplay?docid=-8082359395162626533

  • http://gregingleright.weebly.com/ Greg

    Did you even read Tommy C’s article?

  • Anonymous

     But as we have seen, people care only about the price they pay regardless how much is produced.

  • Anonymous

    True, it was actually Clinton who signed Grahm Leach Bliley in 2000 and sent commodity markets out of control.

  • http://profile.yahoo.com/3EV7LMBN3SWQMEVDJCAKUCTCKM Top

    Clownservatives,

    The only way to have low energy prices for the average american public would be by having a NATIONAL oil company like Venezuela’s providing fuels at subsidized prices.

    By your own wingnut diarrhea, no PRIVATE OIL company should be forced by the Big Bad Socialist gubbimint to sell at lower prices than what the market demands. You drool, drool, baby teabagged droolers better start taking personal responsibility and stop shoving cheetos down your yappers, maybe that way you wouldn’t need a Hemi to drag your lard factories to the nearest McDs.

    Which is another example of market forces at work. If you want your double McLardo, you pay for it.
    If you want to waste fuel, feel free to pay for it.

  • Anonymous

    I suggest you look up who Graham, Leach, & Bliley were & which party they were affiliated with,

    http://en.wikipedia.org/wiki/Phil_Gramm

    http://en.wikipedia.org/wiki/Jim_Leach

    http://en.wikipedia.org/wiki/Thomas_J._Bliley,_Jr.

  • Anonymous

    but he tripled the number of oil rigs all by himself, lol

  • Anonymous

    “President Obama also said, in that speech, that the American people aren’t stupid, they’ll see through this. Whether or not you place a lot of confidence in the smartness of the American people, the fact that this same attack didn’t work in 2008 might offer some comfort.”

    Ah, yes.  Because a former sportscaster (Schultz), a British tabloid TV interviewer (Bashir), a natty British leftie shill for MSNBC (Wolffe), and a pasty liberal White House reporter (Christopher) know so much more about this topic than anyone else.  The arrogance is staggering but it’s nothing new.

    “President Obama also said, in that speech, that the American people aren’t stupid, they’ll see through this. Whether or not you place a lot of confidence in the smartness of the American people, the fact that this same attack didn’t work in 2008 might offer some comfort.”

    The polls suggest otherwise.  People are overwhelmingly in favor of more drilling.  And most people are aware that the more of a commodity you put on the market, the lower the price.  Of course liberals can’t understand this because they’re guided by “feelings” rather than science or math.

  • Anonymous

    a nut, a left winger, and a socialist, yeah they  got it covered

  • http://gregingleright.weebly.com/ Greg

    In related news, a report published by the United Federation of Associated Foxes suggest that farm policies establishing hen house protection are over applied. A spokesman, speaking through a mouth of slobber declared, “mmmmm….rtrrrr..grrrrrrrr…mmmmmmmm”.

  • Anonymous

    domestic oil production high because of Bush.  He forgot that part.  

  • http://gregingleright.weebly.com/ Greg

    In related news, a report published by the United Federation of Associated Foxes suggest that farm policies establishing hen house protection are over applied. A spokesman, speaking through a mouth of slobber declared, “mmmmm….rtrrrr..grrrrrrrr…mmmmmmmm”.

  • Anonymous

    BTW, you are an anti-Obama shill.

  • david r

    Most all the baby libs start yelling BP when someone suggests more Gulf drilling.  The Gulf recovered just fine.  The year moratorium on fishing has made for great commercial and pleasure fishing.  All the shrimp are bigger.  All that oil is down there somewhere.  The Good Lord spared the Gulf states.  All they need now is to go back to work.  New Orleans used to have a burgeoning crew boat building industry, in addition to the refinery and offshore drilling operations.  Much of that is still strong, but the plain folks who work offshore are hurting.

  • Anonymous

    Watch the video instead of assuming that your rightwing blog is telling you the full story with its headline.

  • Anonymous

    DWS never blames the president for high gas prices. Is reading just not your thing?

  • Anonymous

    But I thought he opposed oil production in America, lol

  • AIiveStiIIKickin

    If anyone knows about oil…it would be these two liberal greaseballs.

  • Anonymous

    It’s real simple.

    When you’re a republican president, the unemployment rate is rising because of the democratic Congress. When you’re a democratic president the unemployment rate is rising because of you!!!

  • david r

     Oh, he’s wonderful.  And skinny.  Let’s make him President for Life.

  • Anonymous

    Right…so when gas gets to $90/gal, Algae will be a viable solution. http://www.consumerenergyreport.com/2009/03/10/the-prospects-for-algal-biodiesel-dim/

    “No, the important thing is to understand why something is too expensive. If you are creating energy, and your problem is high energy inputs, then you have a problem that won’t be easily solved. That’s why 100 years ago there were commercial cellulosic ethanol plants that went out of business – and history is repeating itself today.”

    Ethanol was pretty sweet too http://www.washingtonpost.com/wp-dyn/content/article/2008/04/21/AR2008042102555.html

    If the government just invested more of its future generation’s wealth for more green energy today, we’d all be much better off. http://articles.boston.com/2012-02-22/news/31087910_1_bonuses-bankruptcy-bonus-request

  • http://www.facebook.com/people/Bill-Rambler/1513697597 Bill Rambler
  • Anonymous

     no you’re a POS because your a lib loser, a weight on productive society, nothing but a boil on the ass of the successful…

  • Anonymous

    Wow, talk about being dishonest hypocrits.  MSDNC has no shame.

  • Anonymous

    Well, while I would agree with you that there are many external factors that cause the price of gas to rise, and that should be recognized by both parties, there is no denying that when gas was a dollar cheaper than it is now under the Bush administration, the media wouldn’t shut up about how expensive gas was and how Bush was responsible.

    So in the future, I would hope that people don’t rush to judge a Democrat or Republican President for rising costs.

  • Anonymous

    Oilmen Ed Schultz and Richard Wolffffe drink your milkshake.

  • http://www.facebook.com/people/Emma-Thomas/100003357377085 Emma Thomas

    more than you.

  • Anonymous

    No surprise that freeloader Bottom wants his oil for free.  Bottom is a typical lazy and shiftless liberal loser who refuses to work and demands handouts from others.

  • Anonymous

    The Royal Empress just wants to make sure that he continues to receive his food stamps and welfare.

  • Just Another Blowhard

    Have you been asleep for the past 30 years or just in blissful ignorance?

  • Just Another Blowhard

     So he isn’t your president?

  • Just Another Blowhard

     yes successful in not knowing the actual make up of oil.  Something taught in a high school chemistry class. I don’t know what you do for a living, but I know what you aren’t doing.

  • Just Another Blowhard

     please tell me what points they made that were wrong and correct them.

  • AIiveStiIIKickin

     Of course….Special Ed has his hair done at Jiffy Lube.

  • Anonymous

    The reason Leftist Media Hacks don’t care about the rapidly rising price of oil is because they don’t NEED to care. Being driven around by chauffeurs as they are, this whole issue isn’t an issue to them.

  • Hout Bosques

    Butane.  

    When we used to have longer, colder winters, gasoline producers were able to resort to using butane as a gasoline additive, resulting in lower prices at the pump. Why? Because butane can be maintained in a liquid state at temperatures which historically we identify with the winter months. 

    But this winter, like all but one of the last 15 winters, has been unusually warm & short, meaning: the ability to use butane as an additive has turned out extremely limited, particularly compared to the winters before these recent most severe global warming years. The gasoline producers STILL aren’t prepared to gear up to get off butane as early in the American year as they have been during this last 15 years (except one: 1997-98). Not having sufficient stores of non-butane added gasoline to handle demand means shortages, & shortages mean higher prices at the pump. 

  • Anonymous

    “The only thing that Newt Gingrich is very skilled at doing is taking
    his underpants down in the number of forms of adultery this man
    commits.”

    With this comment, Bashir set the Guinness record for most aristocratic diss. 

  • Anonymous

    God I have a headache. You conservatives are ridiculous. Its not just you and your neighbor paying for higher gas. Its the whole world. The president doesn’t have control over this, how hard is it to get? Its a commodity sold on the world market, why is that so hard to understand? Once again are you mad because gold is 1700 dollars and ounce? If you are so pissed invest in oil commodities, and oil companies, jesus what a bunch of morons you are.

  • AIiveStiIIKickin

    On last night’s The Ed Show, host Ed Schultz played some of the President’s Thursday speech, in which he referenced a Politico article
    that said “Gasoline prices are on the rise, and Republicans are licking
    their chops,” and told the crowd that there’s no “silver bullet” for
    rising gas prices.

    Newt Gingrich correctly pointed out that the “silver bullet” is getting Obama OUT and getting a leader IN.

  • Anonymous

    So let me get this right, according to Tommy, just because Ed Schultz and Richard Wolffe say that oil production does not effect prices, we should assume the issue settled and all opposing opinions are moot. These titans of oil production have spoken and we should all be quiet. Well, as anyone with any business experience knows, price is not the only criteria when getting raw materials for your business. Increased oil production in the U.S. would mean more domestic product at home, meaning less reliance on importing foreign oil. It would also result in more jobs at domestic drilling sites, not Obama type $10/hr hamburger flipping jobs, but good paying oil producing jobs. Other jobs would then be created in the transporting, oil equipment, business, etc. areas associated with increased domestic production. If there is a disruption in the oil supply in the Middle East due to a crisis in Iran, Iraq, or Syria, increased domestic oil production would help buffer any disruption in the international flow of oil. But then again, I am sure Tommy and his fellow MSNBC trollers will jump up and say that the 10 billion dollars the President has spent on green energy in the stimulus will save us and justify his policy of pushing government subsidized green energy over domestic drilling, NOT! (see http://online.wsj.com/article/SB10001424052970203710704577050412494713178.html?mod=ITP_pageone_0) Oh, and the the President likes to say how domestic drilling has gone up under him, well that is correct, BUT it’s just because President Bush opened up more domestic drilling sites and Obama has just let those sites continue on as shown by the fact that domestic oil production has been growing since 2005. I guess Guantanamo Bay is not the only thing Obama has continued from Bush.

    I’m sorry if I am going on and on here, but come on guys and gals, am I the only one that gets a little tired of Tommy’s writing with his arrogant perspective that he and the people he quotes are right and that is the last word. Am I the only one that gets a little turned off when to substantiate some “fact” in his story he links to another of HIS stories, because after all, everything he writes is the truth. Oh one more thing on today’s story, since Tommy proclaims that Ed, Richard and he are stating the facts on oil, well, it’s nice to know that ex-sportscaster Ed, and Richard, author of two books on Obama, are the honest and knowledgeable fact-telling non-partisan arbiters of truth on the subject of oil production as their backgrounds attest. As for Tommy’s credentials on whom is factual correct on this subject, I don’t know since none of us know true Tommy’s background. But I was able to find this tidbet on Tommy and everyone can make their own conclusion. From the Politics Daily website “ommy brings a lifetime of varied experiences – he’s been a stand-up
    comic and a health insurance consultant, so lots of comedy – and a
    sometimes acerbic style to his writing, earn him the enmity of Fox News
    and DailyKos alike.” Yep, Tommy our standup comedian, insurance salesman Whitehouse correspondent. 

  • Anonymous

     Hahahahahah, yeah. You wish it was as easy as new president. Just goes to show how ignorant you really are on how gas prices are formulated.

    http://auto.howstuffworks.com/fuel-efficiency/fuel-consumption/gas-price.htm
    http://www.thepriceoffuel.com/whataffectsfuelpricing/

    Here are a couple of helpful sights, for those you FAIL to understand how prices of gas are actually made.
    Gingrich, as always, was spouting nothing more than non-sense, red meat for the base and of course you were foolish enough to drink it down.

  • Walt

    Well, if you were to actually listen to and take at face value at what Obama has said in his speeches about the oil price hikes and the republicon party’s false outrage… he’s actually telling the truth while mocking you at the same time, Gloveby.  Brilliant.  After all, he is in campaign mode and it is an election year and he certainly isn’t expecting your vote.  But accusations of demagogue and demonizing going on is only in your head, Gloveby because you already feel that way. 

    With the kind of deep hatred you have towards Pres. Obama, perhaps, you are right and he is not your president.  And you reside in that group where the Europeans are shaking their head in disbelief how much you are starting to resemble a German party of some past.      

  • Walt

    What I wrote to Gloveby applies to you as well, seeksomehelp.

  • Anonymous

    So, all during W’s administration it was perfectly legimitate to blame rising gas prices on the POTUS, but now with Obama at the helm, it is off limits.

    Only in the land of libral media lalaness is such absurdity the focus of an article.

    It doesn’t get any funner, or any more biased that this.

    High fives TC – you have surpassed the ludicrous.  I hope Dan is giving you a big raise for writing this BS.

    Massive Obama suckupery going on here; oh so pathetic.

  • http://www.thecobraslair.com Cobra

     I disagree. We have the candidates the current system allows us to have. I highly doubt many of the historical Presidents that are revered  would have half the luster if they existed in today’s climate.

    –Cobra

  • Anonymous

     Yes charles – what were they wrong about?  Was it the part where all oil goes onto the global market?  Or the fact that the US does not have any proven oil reserves that would make a dent in the global price of oil?  Or that countries like China are using the crap out of oil?

    The only thing we can do to lower prices is to dramatically decrease our usage.

  • Anonymous

    And that would refute their story? No.

  • Anonymous

     We do not have enough proven resources to support our oil use. 

  • Anonymous

    i can smell your twat from here…

  • Hout Bosques

    It’s not “Grahm” or “Graham”, it’s Gramm, as in Senator Phil Gramm, R-Texas, such a supremely egotistical creep he makes Newt look modest & retiring; a supreme manipulative prick as well, even more effective at that than Senator John Kyl, R-AZ. 

    The GLB law was bad, but it wasn’t ALL that was bad by any means: it was in fact merely the capper on a bunch of financial b.s. that started right from when Reagan was first sworn in, a program said to be aimed at ‘deregulation’ to ‘get government off your back’ but in point of fact the dismantling of the entire apparatus of federal agency controls over bankster looting. Even without the GLB law, there was nothing to stop the GWB administration from ordering all federal agencies with oversight over financial markets to down tools & help the banksters whereever & whenever they asked. The GLB law was passed mostly ‘in case’ – in case, that is, Gore were to be elected, so that Wall Street banksters & Big Corporation American had a legal peg to attach their coming attacks on the federal government financial controls. As it turned out, with GWB in office, the GLB law wasn’t all that necessary to that agenda. Now even if the GLB law were to be repealed, it would not be a panacea, it would just constitute a start. The new Financial Services law is actually more immediately effective, now that it’s finally up & running, than simply repealing the GLB law would be. It still OUGHT to be repealed, but there’d have to be either a lot of grandfathering or a long grace period to allow for off-loading by the big banksters, because there isn’t the network of small regional banks & S&Ls that used to be there to do what the banksters now do or control the doing of. The agenda for Obama’s second terms should be: 1. following on the end of the Bush Tax Cuts, comprehensive individual tax reform, followed by 2. a budget aimed at rebuilding the national infrastructure of bridges & roads around high speed rail systems, followed by 3. corporate tax reform tying low rates to higher reinvestment, followed by 4. filled the health care insurance gap towards eventual universal care. If he gets all that done, Obama will go down in history as one of our greatest presidents, & the greatest ever in terms of long-term economic recovery. If he gets all that done PLUS reinstituting effective government agency oversight of Wall Street, he’ll be the greatest period. 

    If the Dems regain the House & keep a bare majority in the Senate, they’ll get #1-4 done by the 2014 mid-terms; if they keep both chambers thereafter, Obama will get it all done, plus make a dent in global warming. All big ifs at this point , though – & all having nothing to do with what Obama himself does; it’s up to the electorate to decide whether Congress will help or obstruct.  

  • http://pulse.yahoo.com/_LUKTQTZLZUTCR3SGOO76TTVOGY moremonkeybusiness

    This Wolffe guy looks like a white Obama with glasses

  • http://pulse.yahoo.com/_LUKTQTZLZUTCR3SGOO76TTVOGY moremonkeybusiness

    Obama wants gas over $5.  That way people will want to drive more of his money losing battery cars

  • Anonymous

    the only thing shultz can explain is how to destroy a buffet, and wolfe is only expert in oba’mao’ jocksniffing, bashir well he is expert in camel dung

  • http://pulse.yahoo.com/_LUKTQTZLZUTCR3SGOO76TTVOGY moremonkeybusiness

    These idiots keep on referring to Obama not being any worse than Bush  What they dont get is that many independents agreed with Obama’s hope and change promises and felt the same way as he appeared to feel about Bush. 
    Now Bush wasn’t that bad since Obama’s results are the same or worse than Bush.

  • Anonymous

    x2

  • Anonymous

    about 53 million people.

  • Anonymous

    lol

  • Anonymous

    Hey sweet stuff – you arrived late for the party and didn’t realize we’ve been telling you the same stuff for 10 years.  You didn’t have time to listen, too busy bashing Bush.  Suddenly you think you invented the wheel? lol

  • Anonymous

     When/Where did I bash Bush?

    Oh wait, you were too bust over generalizing to understand I wasn’t talking to you.

  • Anonymous

    lol – you think you’ve fooled anyone? 

    We know – you’re pretending you’re deaf, dumb and blind.  (well perhaps you are).

    Please see my above post, and if you can’t be honest, have the decency to shut the hell up.  

  • Anonymous

    You always seem to hear and see things no one else does.  This President has always said he is the President of all America.

  • Anonymous

    Clinton was a darn good President, but Obama is a great President.

  • http://pulse.yahoo.com/_TWK2YYJTTIDLZIVV7NKZM23Z6Q Tyler

    I don’t think so, that will derail his economic progress.  

  • Anonymous

    The Democrats have the best there is now…..They don’t get any better…..

  • Anonymous

    Hey, it’s better than starving…..

  • Anonymous

    Millions of people all over the world…..

  • Anonymous

    I can only roll my eyes when ideologues (speaking of which, where’s Korean_Trevor?) pretend only their world view is correct.   This issue has been hashed out for decades, with liberals fighting energy production and independence just about every step of the way.  Where were these business-savy liberals when Bush was in office and gas prices spiked?

  • Anonymous

    I’ll drink to that !

  • Anonymous

    Yeah !

  • Anonymous

    Once again seeeeeek456 I never blamed Bush for high gas prices so shut the hell up. If some on the left did then they were dumb to but don’t accuse me of doing it. Im responding to you blockheads who are trying whatever you can to make Obama look bad. Good luck with that. Your the ones who have the 4 stooges running for office deal with it. Go buy some commodities so you can make money and quit bitchin.

  • Anonymous

    And Righties don’t understand that markets are fixed so companies can make more money.  Tell me why a lemon in Los Angeles costs 50 cents when everyone has a tree in their yard?

  • Anonymous

    See Tyler this is how your side thinks. You state your a conservative except they have left you and many others like you behind in a wake of stupidity.

  • Anonymous

     So, in other words, you can’t point out where they were wrong, right Chuckie?

  • shonangreg

     Bashir did screw up by coarsely interjecting an attempt at humour into an otherwise rational analysis.

    But don’t let the indignation keep you from trying to listen, goldwater. There are important ideas on the other side of that emotion gulf you just can’t seem to cross.

  • http://www.facebook.com/people/Neil-Murphy/100000566621491 Neil Murphy

    I dont know why gas prices are high. I do know Ed Schultz is not trustworthy.

  • http://www.facebook.com/people/Neil-Murphy/100000566621491 Neil Murphy

    Umm a little more concisely. Because Ed Schultz lips are moving you can safely assume hes spouting bullshit…

  • http://www.facebook.com/people/Neil-Murphy/100000566621491 Neil Murphy

    This whole argument is moot, lets revisit in a month when gas is 7 dollars a  gallon.

  • http://www.facebook.com/people/Neil-Murphy/100000566621491 Neil Murphy

    Make it freeeeeeeeee

  • http://www.facebook.com/people/Neil-Murphy/100000566621491 Neil Murphy

    production is in fact up, this is due to the time it takes to open new fields. there are no permits issued now, so expect more dependance on foreign oil soon.

    They have been working nonstop in ND for years now, biggest boom economy in the USA, but just now coming on line.

    Im sure they EPA will drop by any minute now and choke the life out of those jobs.

    PS  if your unemplyed, dairy queen in Williston ND is starting at 12/hour and truck drivers are getting rich

  • http://www.facebook.com/people/Neil-Murphy/100000566621491 Neil Murphy

    State TV at its best

  • Anonymous

    Iran faces a delicate issue.  On the one hand it wants to show the world all it’s got and put it at ease, while on the other hand it fears that such show ‘n tell will give its enemies a roadmap to bomb it.
    Saddam Hussein faced a similar dilemma ten years ago. Though he wanted the world to know he had nothing to hide, he also wanted to bluff his archenemy Iran into believing Iraq still had WMD. 
    Bluffing did not go well for Saddam, and it might not go well for Ahmadinejad.
    But since the price tag for ridding Saddam proved high, maybe we ought to reflect what we are asking of Iran now.  On the eve of a threatened attack, we are asking it to take us to the depths of its arsenal and show us all it’s got.  
    Such great expectations are a sign we have been talking to our friends too long and are in need of a broader perspective.  Exactly when was the last time we asked Pakistan, India, China or Russia to show us their arsenal?
    “But those countries are not advocating the destruction of Israel.” 
    True, but Israel is not a thorn on their side either.  
    Surely, however, we can see beyond the hyperboles and figure out their underlying purpose.  Or have we forgotten that not all Iranians are thrilled with Ahmadinejad?
    He sure hasn’t. 
    Nor has he forgotten that that his countrymen hate Israel even more.  So he tells them that Israel will be wiped from the face of the earth.  Expectantly, this nonsense unites them against a common enemy. It is even a diversion from the misery and isolation brought on by his theocratic regime. 
    Quite clever work by Ahmadinejad — and not a rial spent or a bullet fired. 
    So why are we letting the crazy talk about destroying Israel get us all worked-up — to the point of turning the world topsy-turvy again.
    Can we not see the desperate attempts of an unpopular regime simply trying to hold on?

  • http://www.facebook.com/people/Neil-Murphy/100000566621491 Neil Murphy

    Oh yes, us replubplicans need to be Educated by msnbc…

  • http://www.facebook.com/people/Neil-Murphy/100000566621491 Neil Murphy

    Anti- Obama shill = Someone who doesnt hate America

  • http://www.facebook.com/people/Neil-Murphy/100000566621491 Neil Murphy

    I would not bet long on algea futures…

  • Anonymous

     Oh yes lets. And if you think thats gonna happen be smart and buy some oil stocks.

  • Sandie

    Ed “Gas Bag” Schultz –   “The fact is American oil production has increased dramatically
    under President Obama and his administration. Since president obama took office, the number of oil rigs, the number of oil rigs operating in the United States of America has more than tripled.”

    He doesn’t care how much he shows his ignorance and attempts at propaganda. Production is up because of policies of past administrations and the great increased production on private  and state owned lands (mostly N Dakota) where Obama can’t limit efforts like he has been on Federally owned lands. He banned  new offshore drilling and exploration, limited and shortened leases, slowed and limited (at one point stopped) any new permits. But in his campaign speech he claims credit for the increased production!  More Obama lies for his groupies to ooh and ahh about..  Production increased in spite of what he has been doing to put us in a hole where he can force his green energy agenda on the country.

    Old  Ed “Gas Bag” Schultz produces so much of his own gas he should harness it before he tips the scale of green house gasses.

  • Anonymous

    Troll… or just really misguided? Either way, I’m fascinated

  • Anonymous

    great article tommy

  • Anonymous

    Thanks for that relevant & intellectual response.

  • Anonymous

    Not necessarily MSNBC, do some research on your own on how the price of gas is determined.

  • Anonymous

    The problem with Bush was his connections to oil companies. When people saw gas prices rose with a president that used to be an oil executive they assumed Bush was doing it for his oil buddies. They were however wrong, although Bush might have done things for oil companies, the increase in oil prices were independent of of the president. I blame Bush for invading Iraq and letting the people of New Orleans go a week without help, but I don’t blame him for oil prices during his administration.

  • Anonymous

    When gas prices hit $90/gal, I think that’s a sign that oil is not the most efficient energy source, wouldn’t you think?

  • Anonymous

    Let’s see.  Gas is going up because Barry is refining all  of the  Brazilian oil for Soro’s who is selling it back to Brazil  

  • Anonymous

    I don’t agree with the skinny part but the rest sounds good to me :).

  • Anonymous

    I’ll try one last time.  America has the energy sources to supply more than 100% of the energy we consume.  If we produced that energy across the board we’d have a surplus that could be sold to other nations.  It’d be quite simple to set an export tariff on energy that would effectively set a price cap on domestic energy costs to the consumer, while still allowing market forces and local municipalities to modify the local price as desired (to a point).   Bottom line, produce the energy in America for America, and allow excess to be exported.

  • david r

     Tulane

  • david r

     Thanks for the info.  Most everything else on this site is drivel.

  • david r

    So you deny that the increase in production has little to do with Obama’s policies?  Who is being a shill now?

  • Anonymous

    You are.

  • Anonymous

    You are.

  • Anonymous

    Sounds like a lot of restrictions on the free market system there. Government tells you what you can sell and where, assumes a role in price control. Seems like you might be one of those socialists fox news has been telling me about.

  • Anonymous

    “He also suggested that proper tire inflation would be a simple way to help conserve”

    Hey Tommy!!!! way to cover for the President. He did NOT say proper tire inflation is a simple way to conserve. Here is his direct quote in talking about drilling during the 08 campaign.

     “There are things you can do individually, though, to save energy,”
    Obama said. “Making sure your tires are properly inflated – simple
    thing. But we could save all the oil that they’re talking about getting
    off drilling – if everybody was just inflating their tires? And getting
    regular tune-ups? You’d actually save just as much!”

    I am sorry, but we are NOT going to conserve the amount of oil we would get by expanding drilling just by inflating our tires. This is why he was ridiculed.

  • Anonymous

    Wolffe and Schultz=A DORK and a DOPE

  • Anonymous

    Properly inflating your tires will reduce the amount you need to spend on gas. Expanded drilling won’t.

  • Anonymous

    Do you even have a point? It doesn’t matter why domestic oil production has increased. The fact remains that the increase in domestic production has done nothing to lower gas prices.

  • Anonymous

    Which just goes to show that Gingrich is as stupid as you are.

  • Anonymous

    They all clearly know a hell of a lot more than you.

    And we don’t have more oil to drill. The only significant reserves we have that are untapped are the oil shale…which is way too expensive to be profitable at current oil prices. No company is going to touch that unless they get enormous government subsidies. Which would mean paying higher taxes to pay for the subsidies.

  • Anonymous

    This from a Foxbot.

  • Anonymous

    you missed the point (typical lib). The then candidate Obama said that properly inflating our tires would conserve ALL the oil we would get from expanded drilling. That is simply untrue and ignorant. Properly inflating your tires won’t lower gas prices, but increasing the supply WILL!

  • Anonymous

    Also, what if my tires are already properly inflated…..Like most people already do. 

  • Anonymous

    That’s not what he said. Liar.

    And no, more drilling won’t lower gas prices. We’ve already seen that because we have increased drilling and gas prices have gone up.

  • Anonymous

    http://www.youtube.com/watch?v=4L29yBMay5o&feature=related

    straight from the horses mouth my man. No lies here. 

  • http://www.facebook.com/people/Emma-Thomas/100003357377085 Emma Thomas

    More than you is like nothing, of course. 

  • Anonymous

    Someone needs to go back in the vault of history and find his comments on Air America when gas was over 4 bucks when Bush was POTUS. Call it a hunch, but I’d be willing to bet it wasn’t global markets but Bush that was responsible. Propagandists. Plain and simple. 

  • Anonymous

    Is rain wet?

  • http://pulse.yahoo.com/_YWFDEUNHJL2ONLFFYRWN3VDJMY rickm

    Now Tommy and msnbc, how about some common sense. The argument these geniuses at msnbc and you want to make is oil production is up in the US yet we still have higher gas prices. Huh? How can that be?

    Is it possible that in the absence of additional production, prices would have been even higher? So, said another way, anytime supply increases the price will rise less than had the supply not increased at all assuming constant or rising demand. And you wonder why msnbc hasn’t much of an audience. yeah that makes sense and that’s why you won’t hear it on msnbc.

    Come on Tommy, I know you are smarter than that.

  • http://www.facebook.com/people/Ryan-Martin/100002745709781 Ryan Martin

     The increase of production has been on private or state owned land, not on federal land, which the president has a hand in.  the vast majority of new oil drilling is in the South Dakota.  Production is only part of the increase in price, the big reason is the monetary policy of this administration. Oil is traded in dollars per barrel, dollar becomes devalued, i.e. deficit spending and turning on the printer, oil prices go up.  truth is truth no matter how these blow hards want to spin it.

  • Anonymous

    Algae, Baby, Algae

  • Anonymous

    I hate to break it to you but supply and demand have little to do with the price of oil….If that ws the case why does Exxon have higher profits during periods of high oil prices. The price is set by OPEC and the commodity traders by the “markets”.

  • http://pulse.yahoo.com/_SMUGSPLRKQOJBS5T6I4S5H2YSE Andy-48

     I know what you mean…The GOP/TP’ers seem to be “party” first, America last. I think as a nation Americans need to force the GOP/TP to renounce their pledge to Grover Norquist and remind them that when they say the “Pledge of Allegiance To The Flag” they are then Americans first. If they still want to be “party” first, American’s last. It’s time to go through the GOP/TP and charge them all with treason.

  • Anonymous

    About as wet as oil is scarce.

  • http://pulse.yahoo.com/_IC7HRBJRXKA7IKTTZS5W3UIECQ Agent of Truth

    They also need to add another big truth to this picture and that is how day traders on wall street are the ones playing the largest role in increased gas prices.  Right now, production is up, demand is down and the US is exporting more oil on to the world market.  However, there is a hugh republican component to the increase in gas prices that people fail to mention and replicans don’t want you to know about.  Texas republican Phil Graham snuck in some quick  -n- dirty legislation under the radar during the 11th hour when Clinton was on his way out of office.  This legislation was a gift to his wealthy handlers and keepers in corporate America and it is what has made it possible for day traders on wall street to be a silent partner in the rising price of gas at the pump.  You guys do remember Phil Graham don’t you?  He is the same republican corporate puppet who helped to craft the Graham Rudmann bill when Ronald Reagan was President.  This was thier way of sticking it to the middle class on taxes and rewarding their wealthy handlers and keepers with tax breaks.  That was the beginning of this nation’s legacy of making so that anyone making over $250,000.00 per year paid considerably less in taxes than somone making $30,000.00 per year or less.  This is the ugly truth that repugs don’t want the average citizen in this nation to know about.  Rising gas prices have nothing to do with Obama and his policies but they have everything to do with what republicans have done to this nation.

  • Sandie

    The point I made is plain to see, by anyone with the intelligence who read my comment. If you couldn’t see it that is your problem.

    To use Obama and Biden logic – gas prices would be so much higher if our oil production hadn’t been increased (thanks to new drilling/extraction technology, private/state land ownership and development, and past administrations policies). So, in spite of Obama’s agenda, prices are not as bad as they could be.

  • Anonymous

    Been thinking long?

  • Anonymous

    What this twit-president was telling us in his pathetic energy speech is, drilling for oil is dumb? We have alternative resources? Just what alternative resources do we have at this moment in time that can replace oil? NONE, would be the answer, and this idiot president knows it.
    Someone, anyone, try and defend this clowns position on not drilling for oil!!

  • http://pulse.yahoo.com/_ITDUQCZVYGF4SMSWGO3RE24VHE bob

    Bla bla….price of oil is up because Rep and Dem putt sanctions on Iran.It is simple TRUTH.

  • http://pulse.yahoo.com/_ITDUQCZVYGF4SMSWGO3RE24VHE bob

    Solutions are nuclear plants and electric cars with the risk involved.Probably this will be implemented by Chinese production,because US is cleary unable to do.

  • Anonymous

    Drilling for ALL of the oil we have would not change our basic problem. It would not even postpone it significantly. We are currently EXPORTING gasoline. How would making more benefit us, unless we put an export tax on what we now produce?

  • Anonymous

    Well said, and ACCURATE too.

  • Anonymous

    What you fail to acknowledge is that the pricing is contrived.  There is no actual competition amongst gasoline producers in this country. Additionally, it is against their best interests to construct enough refineries to lower the price of gasoline.

    Look at the contrived pricing of diamonds throughout the world. They simply hoard until the price goes up, and then only release enough satisfy MOST of the demand. The same with oil. There are enough PROVEN reserves, to pump more crude than they can use, yet they concentrate on whining about not being able to “drill, baby drill.” And then export gasoline to lower reserves, so they can raise domestic prices.

  • Anonymous

    Thanks for proving to us you were poor at math.

    Attacking the messenger, by name calling, while producing zero VERIFIABLE facts, is known as “conservative logic.”

  • Anonymous

    The oil companies have  have proven that more supply will not reduce prices.  Since we now have enough supply to export, why haven’t prices dropped? Because the prices are CONTRIVED.

    Besides, proper tire inflation WILL reduce demand, all other things being equal. Only a moron would argue about that. Typical conservative.

  • Just Another Blowhard

    Really?

    That is the best you can do?

  • http://www.proactivepolitics.blogspot.com/ Norbit Peters

    “Republicans mocking attempts to conserve fuel and making empty promises about gas prices is nothing new, and neither is Barack Obama’s refusal to play along. During the 2008 campaign,”
    Not exactly your “fair and balanced” type coverage.
    ————————————————————————–
    And, that’s private production, no gov’t. lands.
    They then ship it overseas, because the smothering taxes, regulations, and politics here makes it more profitable to do so.

    By the way, did Ed know that production was privately produced, and deliberately leave the false impression that Obama did it?
    Is that the way Media Matters and the Mainstreams work?

  • Anonymous

     Typical lib…missed the point. TC posted that Obama made a point that Obama said proper tire inflation was a simple way to conserve. I pointed out that Obama stated a little more than that. He stated that proper tire inflation would conserve enough to replace ALL the oil we would get from expanded drilling. Only a moron would believe that. Typical Lib.

  • Anonymous

    The money masters.

  • Anonymous

    So true. And the banking bill that allowed the housing market to collapse that bush then got blamed for.

  • Anonymous

    AND A DICK
     %.)

  • Anonymous

    It would not change our basic problem?  Exportation, and drilling for oil are two different issues. How about we concentrate on both seperately. Let’s start by cutting the dependancy of foreign oil as much as possible. That would mean developing our own oil fields.
    I agree with your assesment of exporting. Oil is a finite comodity, and we need to be frugil with our supply, while developing alternative fuels.

  • Anonymous

    Except you’re full of ****, and the increased production had no impact whatsoever on gas prices.

  • Anonymous

    The oil companies have  have proven that more supply will not reduce prices.  Since we now have enough supply to export, why haven’t prices dropped? Because the prices are CONTRIVED.

    Besides, proper tire inflation WILL reduce demand, all other things being equal. Only a moron would argue about that. Typical conservative.

  • Anonymous

     Next time, get mommy and daddies  permission before you play with the computer.

  • Anonymous

    The two are too interrelated to deal with separately. We need to establish and enforce a COMPREHENSIVE policy aimed at what is good for America as a whole, not just giant multi-national corporations, and  the top one-tenth of one percent.

     Since we are exporting gasoline, we are obviously importing MORE oil than we need. Stop giving subsidies to fabulously profitable oil companies. Why encourage more exploration, when they refuse to drill the leases they already own? Force them to pay their fair share of taxes. Corporations use between 45 and 75 percent of our resources and infrastructure, while providing less than 10 percent of the Federal budget.

    This is all about the greed of trans-national corporations, not what is good for America. Conservative RepubliCON fat-cats like it that way.

    Break up the big oil companies. Force everyone selling petroleum products here to pay fair Federal income taxes. Until that happens, we will continue to decline into serfdom.

    It is fascinating to watch the conservative candidates talk about $2 gasoline, since the only way to make that happen would be federal price controls. No rational person could conclude that ANY amount of exploration or drilling would lower the price of gasoline significantly. There are NO credable estimates that say we have enough untapped oil to affect our own situation.

    We have created an economic monster in China. We have been used to essentially being economic bullies, and when China brings the money we give them into the marketplace, we are shocked that they wish to attain something like our standard of living. Guess what? There are not enough planetary resources for their Billion to live as high as our 300,000,000. (Our 5 percent of the world’s population uses 25 percent of the resources.) We continue to fund our own demise, with only the very wealthy TEMPORARILY insulated.

  • Anonymous

    Herman Cain famously said: “I have no facts to back this up, but….” Let’s see your VERIFIABLE facts that prove your point.

    In the real world, just saying something doesn’t make it so. Typical conservative.

  • Anonymous

     http://www.youtube.com/watch?v=4L29yBMay5o&feature=related

    there you go spanky.

    I didn’t say it was so, Obama did.

  • Anonymous

    I do not agree with your premise that the two issue are too interrelated. They are two completely different issues and should be treated as such. It only when we combine them that it becomes a clouded issue.
    You suggesting Nationalizing the oil industry. That’s so wrong it’s hard to know where to start on that issue.
    It is not “we” who have created a monster in China, it’s our government that insist on over taxing and regulating that have forced manufactures to go off shore.

  • Anonymous

    I don’t think it’s a matter of who’s president he is, it’s a matter of him not being a competent president in the first place.

  • Anonymous

    Clinton was a sick, demented sexual pervert who used his power to intimidate women. Obimbo is just plain incompetent!

  • Anonymous

    Neither exploration nor drilling can exist without the other. There interrelationship is indisputable.  Dealing with one, without considering the effects on the other is insane.

    Nationalize the oil industry? I made NO such suggestion. What I said was to break them up, so as to get actual competition, and then tax them fairly.

    What you are saying, is that our “over taxing and regulating,” has driven our wages above a dollar a day, and that is bad. If only we eliminated those pesky taxes and regulations we could compete againts countries where pollution kills more people than are born on a given day in the US, and a days wages wouldn’t buy a hamburger here. Try to explain the actual mechanics of that. ……crickets. I thought so.

    The simple problem is a lack of US tariffs. Especially tariffs that simply mirror other countries tariffs. (E.g. Japan requires an additional “safety inspection” of all US cars before they may be sold there. With the time and “inspection” costs passed on to the consumer.) But wage-equalization ones as well. As long as our standard of living is higher than theirs, we MUST have tariffs to keep our standard of living. BTW, US business put taxes and regulations well down on their list of complaints.

  • Anonymous

    Lewinsky was a sexual tart who used her female wiles to seduce powerful man who succumbed to her charms like many others. An incompetent man is one who cares more for money than he does for people. He is a man who will line his own pockets while many others starve. He is the man who says, let them die instead of helping them to get well. An incompetent person would put people out of their homes rather than help them have a place to live. Incompetent people clothe themselves with fine linen while paying the poor enough to buy rags. Incompetent people destroy this nation and the world by thinking they are superior to all others in the world. They bring about poverty, famine, and disease by trickery and deceit. They lie and cheat and pretend they earned their wealth. The world is waking up. The end of these things is near. Only a good man like Obama can point out the mischief done and do his best to change it. Change is here. Thank God for Obama.

  • Anonymous

    Your response is a typical conservative non-sequitur.  I don’t automatically accept much that any politician says – even President Obama, and I am a liberal. I look for VERIFIABLE facts, and from many sources, before I accept much of anything.

    Prices at the pump are artificially manipulated. Anyone who believe otherwise, is a self-deluded fool. High school physics (plus real-world testing) proves that proper tire inflation reduces gasoline consumption. If you believe otherwise, why don’t you post some VERIFIABLE facts to prove your point? ………..crickets. I thought so.

  • Anonymous

    frizzymstarbaby2:

    Maybe you didn’t understand my opinion. Clinton was a sexual deviant who sexually assault numerous women while in the office of governor, and the presidency. They are well documented, look them up.
    Obimbo, your personal “ENTITLEMENT-GOD”, is a socialist twerp who’s ultimate achievement was being fairly good at community organizing! Who’s biggest achievements in office is more socialist crap the declining number of taxpayers won’t be able to pay for. Ya, he’s great, as long as your receiving and not paying!
    Enlighten us with some more of your idiotic justification for taking from those that work and giving to those that don’t. It’s always good for a laugh. Too damned bad it’s pulling this country apart!

  • Anonymous

    I’m sorry, I thought you said drilling and exporting oil were interrelated. Was I wrong, or are you just trying to shift the issue to one that is more defensible?

  • Anonymous

     Typical lib, going off topic. My original post stated that TC severely understated what Obama said about tire inflation. I told you what he said. You did not believe me. I showed you video of what he said. Yet you still can’t defend him. I understand that there are a multitude of factors that cause oil prices to change. My point is that anyone who has a 3rd grade education can do the math that proper tire inflation on our cars is not going to conserve the amount of oil we would gain from expanded drilling. (since most people already inflate their tires properly)

    My point was backed up with verifiable video evidence of Obama making the claim I said he did. Your willful ignorance of this is just astounding. It shouldn’t surprise me though, as it is par for the course with liberals.

  • Anonymous

    Well dear Tommy, why didnt we get told the same thing when Bush was president…he was always responsible….Pelosi pounded that for years…the old whore dog.   

  • http://www.facebook.com/profile.php?id=1065175687 Bruce Jensen

    Baloney.  Obama is simply calling out the lying sacks of shit in the GOP.  Period.

  • http://www.facebook.com/profile.php?id=1065175687 Bruce Jensen

    I have a question – apart from simply grimacing that this President made a speech against your beloved Rightards, did you bother to listen to a SINGLE point anybody made in this video? Or did you play “See No Evil Hear No Evil” like all the other Tea Party monkeys out there?

  • http://www.facebook.com/people/John-Cerullo/100000712050672 John Cerullo

     Baloney.

  • http://www.facebook.com/people/John-Cerullo/100000712050672 John Cerullo

    America has to cut its profligate use of gasoline – pure and simple.  We can cut our use by 20-30% without even working up a sweat.

    “Radical Environmentalism of this President” is a flat-out lie.

  • Sandie

    You have, again missed my point. Go back and reread it if you can. Aside from the point I made, you have no idea what impact the increased production is having on prices. As Obama and Biden logic goes, things would be a lot worse if production had been allowed to dwindle because of the current administrations policies.
    The one here who is full of **** is you. You have shown no logic to support your opinion… because there isn’t any?

  • Anonymous

    My apologies, I misread what you wrote earlier. I confused “exportation” for “exploration.” They SHOULD be dealt with separately, as you said.

    Again, my appologies.

  • Anonymous

    Actually, I made two declarative statements of my own, having nothing to do with what anyone else said. My comments had little or nothing to do with what Obama said. Hence your reply was a non sequitur.

    You made dubious assertions, all without presenting ANY verifiable facts.

    First of all, how much more gasoline will be available “from expanded drilling?” In what time period? In other words, what figure did you base your conclusion on?

    Since it can take years to even decades from beginning exploration to the first gallon of gasoline, this will not help any time soon. I would suggest that the quantity and time is unknowable in any finite sense. You might just as well ask “how high is up?” A reasonable answer in the short term is: not very much.

    (Plus, the oil companies already have many, many leases with approval to drill. Yet they choose not to. Why? Likely for the same reason they refuse to build more refineries: It will cut into their profits to produce more gasoline. Don’t buy into the “blame it on the environmentalists” nonsense. If they wanted to build refineries, there are plenty of states that would welcome them.)

    Second. how much gas would be saved if everyone properly inflated their tires? I would be interested in what figures you based your conclusion on. 

    Since you made the claim that a third grade education was all that was necessary for your computation, I will be anxious to see what figures you invent, er, present.

  • Anonymous

     Wow I just love how you claim all these facts with no back up. Permits are down since Obama took over, not up. You make the claim but don’t back it up. No refineries are built because of environmental regulations make it impossible to. There have been almost no refineries built since the Carter admin.

    In the attached article it gives you the data on permits for drilling.
    They are down. You accuse me of the exact things you are doing. You are the one who goes off topic and then accuse me of being not backing up claims I did not make. so since I have to get down to your level of stupidity, here is the permit data you claim is up but it is down.

      “In early 2010, he (Obama) proposed to open some new areas to drilling but shut
    that down after the Gulf oil spill. According to the Greater New Orleans
    Gulf Permits Index for January 31, over the previous three months the
    feds issued an average of three deep-water drilling permits a month
    compared to the historical average of seven. Over the same three months,
    the feds approved an average of 4.7 shallow-water permits a month,
    compared to the historical average of 14.7.”

    http://online.wsj.com/article/SB10001424052970203918304577241623995642182.html?mod=WSJ_WSJ_News_BlogsModule

    You make a lot of claims about why oil companies won’t do things. Are you an oil exec? Are you the one making those decisions? you are just posting opinion you have read from Media Matters, I apreciate the laugh you gave me, by out of one side of your mouth you belittle me at the same time out of the other side of your mouth you do the exact thing you are claiming I have done. I have given you video evidence that bakced up a claim about what Obama said. You blew it off. No I am showing you that another of your claims (inceased permits) is untrue as well. I wonder how you will change the subject this time…..Typical lib.

  • Anonymous

    Ahh – I see your problem here…you think we produce enough oil to support ourselves…your first mistake.  The US does not have enough proven reserves to support ourselves…fact.

  • Anonymous

    First of all, as long as you get your “news” (read that conservative spin) from Rupert Murdoch, you will continue to sound like a fool.

    >I said it was “likely” that oil execs were not building refineries as it would adversely effect profits.  I stand by that observation, as I do not need to be – or know – an oil exec to reach that conclusion.

    >As to VERIFIABLE facts about environmentalists blocking new refinery construction, the ball is in your court. Surely you have facts to back up your assertion. Right?

    Please refer us to the SPECIFIC permit requests that were denied, and who the governor was. ……crickets. I thought so.

    Do you really believe that, say, Texas environmentalists have blocked ALL new refinery construction there? Really? Name the SPECIFIC permits/bills that were turned down/vetoed. And name the Governor who did it. ….crickets. I thought so.

    What you are saying, is that during the times that Reagen and Bush/Cheney had RepubliCON congresses refinery permits were blocked. Please name the SPECIFIC requests and/or bills that big, bad, anti-big oil Bush/Cheney, were against, and how the votes fell. ……crickets. I thought so.

    >I never claimed that drilling permits were up. I said – accurately – that the oil companies were not even beginning to use up the already-approved permits they have. About 7,200 on-shore gas and oil permits already exist where they could have started drilling yesterday. Yet they clamor for more, as if having more permits, per se, produces a single drop of gasoline. Permits and gasoline production are not connected, except in the very, very long term. And even then the connection is not direct and linear. Complaints about “permits” are a device to distract you from the obscene profits they are extracting from YOU, not to mention everyone else.

    Your sources are conservatives who must lie and distract you so they can pick your pocket, and you willingly go along. Learn to think for yourself. Learn critical thinking skills. You know, follow the facts to WHATEVER conclusion they lead to. Use multiple VERIFIABLE sources, not just ones you know will go your way. The problem is that the facts have a liberal bias. Stop using labels, and start thinking in terms of the big picture. Too much of today’s politics is about who gets the credit, not about what is good for America. E.g. GE’s profits are good for GE, but rarely good for America. Et greedy cetera.

    As an example, I am an atheist, yet I routinely read the Christian Science Monitor, as they have one of the least biased news reporting approaches. To their credit, they are intellectually honest, and I even agree with about 25 percent of their – clearly defined – editorials. I’m far more likely to hear about the failures of, say, “abstinence only” sex education from the Monitor, than the corporate media, especially FOX so-called “News.”

    The hard part is learning to accept VERIFIABLE conclusions that run counter to your preconceived ideas or wishes.
    It is called intellectual honesty, and it is almost completely missing from the RepubliCON party.

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