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Interesting WSJ article on gas prices and Obama

franklin said:
The liberal economic plan is as simple as this:

Step 1. Cause problem.
Step 2. Fix problem by causing more problems.
Rinse and repeat until the entire system falls apart.

In practice now:
Step 1. Artificially stimulate demand for business products so businesses will hire by handing out endless welfare checks and increasing
social security payouts.
Step 1a. This pushes business margins higher.
Step 1b. Higher business margins squeeze the middle class while enriching the business class.
Step 2. Fix by cutting taxes on middle class and hand out endless welfare checks.
Step 2a. This pushes business margins higher.
Step 2b. Higher business margins squeeze the middle class while enriching the business class.

Genius plan isn't it.
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What's your solution to the problem(s)?
 
TroutBum said:
I personally can't wait until gas is over 6 or 7 bucks a gallon. Then, and only then, will things change. We're drug addicts, and our drug is oil. If our drug of choice becomes too expensive, or is limited in its supply, then we find something else. It's natural, it happens. As a nation and as a worldwide community, we simply must go forward with alternate energy solutions, and high gas prices is a great way to kick it in the *** and get things going.

I love getting 45mpg in my prius, by the way.
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The audacity of retardation^

Screw change, hope, and Obaaaamaaa sheep too.

There ain't no "alternate energy solutions" for oil.
 
Hantlers said:
Man I just can't wait until Thriller unloads one of his lengthy dialogues on the evilness of the conservative party in this thread. Woohoo!
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I'm sorry, that I didn't hate Obama for that whole Solyandra or Birth Certificate nonsense the repubs were trying to promote.

Gas prices will continue climb as they have for decades. Why (some) Americans feel like this is the fault of the President or economic policy is beyond me. It's a limited commodity in high demand. No pipeline or opening of some ice refuge in Alaska is going to change that.
 
The Thriller said:
I'm sorry, that I didn't hate Obama for that whole Solyandra or Birth Certificate nonsense the repubs were trying to promote.

Gas prices will continue climb as they have for decades. Why (some) Americans feel like this is the fault of the President or economic policy is beyond me. It's a limited commodity in high demand. No pipeline or opening of some ice refuge in Alaska is going to change that.
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So you're calling it a supply and demand issue and then claiming more supply to meet that demand doesn't do anything to prices? Brilliant.
 
Duck Rodgers said:
So you're calling it a supply and demand issue and then claiming more supply to meet that demand doesn't do anything to prices? Brilliant.
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I can't believe I'm about to step in and defend oGathriller... But he's right. Would it be a short term fix? Of course. "Short term" is the question though. 100 years? 200? 1,000? Who knows, but I'm not interested in just putting a bandaid on so my kids, grandkids, etc have to fit the bill because we were too damn lazy and ignorant. (see Millsapa)
 
TroutBum said:
I can't believe I'm about to step in and defend oGathriller... But he's right. Would it be a short term fix? Of course. "Short term" is the question though. 100 years? 200? 1,000? Who knows, but I'm not interested in just putting a bandaid on so my kids, grandkids, etc have to fit the bill because we were too damn lazy and ignorant. (see Millsapa)
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He didn't say anything about alternative energy in his post other than that he doesn't care that we burn cash on crappy companies. Everybody wants alternative energy. I don't want to pay for anything. Let's get the whole world running on water, sun, and wind. But anybody that thinks those that have claims to US oil are just going to let those reserves go to waste is nuts. They're going to tap everything once they push oil much higher. Whomever is the president when oil is high enough will allow it to be exploited.
 
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Duck Rodgers said:
He didn't say anything about alternative energy in his post other than that he doesn't care that we burn cash on crappy companies. Everybody wants alternative energy. I don't want to pay for anything. Let's get the whole world running on water, sun, and wind. But anybody that thinks those that have claims to US oil are just going to let those reserves go to waste is nuts. They're going to tap everything once they push oil much higher. Whomever is the president when oil is high enough will allow it to be exploited.
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Everybody wants alternative energy? So sorry Charlie, but that's just not true. I agree with you on your last statement though, which is pretty damn sad.
 
Duck Rodgers said:
So you're calling it a supply and demand issue and then claiming more supply to meet that demand doesn't do anything to prices? Brilliant.
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Use your head.

It's a commodity that is going bye bye. Every day there is less of it than before.

Barring some devastating global depression that leads to industrial collapse or some epidemic that kills billions, supply will continue to decrease as demand continues to increase.

By the time we build some stupid pipeline or drill in Alaska, the demand will have already outpaced the "new" supply that x pipeline and x well would have created.

Of course, there are other variables such as how commodities are sold. But the base supply and demand concept that you repubs worship should be pretty obvious to you. $2 dollar gas isn't coming back. Gas hasn't declined in price substantially and for very long in decades. It's pretty obvious why.

7 billion people, 3rd world countries industrializing, etc.

the sooner you folks realize that cheap gas went the way of the dinosaur, the better.

The sooner we vary our energy portfolio, the better.

Please, join the rest of us into the 21st century. This goes for everyone, independent of political ideology. Cheap gas is gone and no amount of drilling is going to change the demand nor will it "increase" the gross amount of oil this planet has remaining. Get over it. And lets stop blaming Presidents and start looking for alternatives.

I remember when digital cameras first started to be produced. Kodak called it foul. They failed to endorse these new gadgets for the future. They stubbornly insisted that their traditional cameras were the way to go.... I read a few months ago that Kodak was selling off its patents in struggles to survive...

I hope our children and grandchildren don't look back at us for our lack of foresight. The future isn't oil. The future is alternative energies. The sooner we get off oil, the better.
 
The Thriller said:
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Just read the article again because he's right. Horrible monetary policy and geopolitical risk. That's the oil story right now. No supply and demand issues exist. The economy is on life support and cheap money is the only thing it has and it naturally seeps into oil markets. Today. I don't care about 100 years into the future. That's not the debate we're having. That's not the debate the article was presenting.
 
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