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-   The Villages, Florida, Political talk (https://www.talkofthevillages.com/forums/villages-florida-political-talk-88/)
-   -   In Miami today Obama stated we cannot drill our way (https://www.talkofthevillages.com/forums/villages-florida-political-talk-88/miami-today-obama-stated-we-cannot-drill-our-way-49311/)

Guest 02-25-2012 08:55 AM

Quote:

Posted by Guest (Post 458587)
Be careful. What caused the collapse of oil prices was the reduction in demand because of the world-wide recession aggravated when the credit markets collapsed as the credit-swaps went toxic.

In other words, if you REALLY want to give Bush credit for that, you could say he lowered oil prices by nearly plunging the entire planet into a depression (thereby reducing demand for oil).

Why you telling me? I was responding to Jan's alluding to Bush's impact on oil prices and I responded in kind.

Also I think your analysis is very slanted. He plunged the world into recession?; seriously. You hanging out with Jan and Wayne now?

Guest 02-25-2012 09:16 AM

Quote:

Be careful. What caused the collapse of oil prices was the reduction in demand because of the world-wide recession aggravated when the credit markets collapsed as the credit-swaps went toxic.

In other words, if you REALLY want to give Bush credit for that, you could say he lowered oil prices by nearly plunging the entire planet into a depression (thereby reducing demand for oil).
_________
Now that is a stretch to say the least!

Using your logic.....

Obama's administration started "Fast and Furious" that raised the awareness of the use and availability of weapons from the US which spread like wildfire outside our borders. This gave hope to many middle east countries that then rose up against their governments in hopes that Obama would send them weapons too. This cause great unrest in the region that has caused the cut back on production and shipping from that region, raised fears world wide of an oil shortage and has cause oil and gas prices to " necessarily skyrocket".
This has plunged the US into a real gas price crunch.

Yeah, I see how that logic works now!

Guest 02-25-2012 10:01 AM

the point, as usual bypassed for convenience, was that so far, there has only been lip service given to energy independence. And they all, including Obama always remind us it cannot be done quickly. But how can ANYBODY accept such rhetoric 40 years later....with NOTHING accomplished....and NOTHING to offer except to remind us it can't be done over night.

The point of the thread was to mock the lack of a beginning of a process/plan/action/program.....instead we get the continuation of business as usual regarding energy in the USA...continued good fortune for the oil producers, the speculators, the lobbyists, the special interest groups and obviously (to some of us) the politicians.

Some things just will not spin ya know!

btk

Guest 02-25-2012 02:10 PM

billy you are correct...all other posts are irrevelant...we do not did not and will not have an energy policy until special interests are eliminated. Some of you have the audacity to place all the blame on Obama and that is just plain stupid.

Guest 02-25-2012 02:17 PM

Quote:

Posted by Guest (Post 458730)
billy you are correct...all other posts are irrevelant...we do not did not and will not have an energy policy until special interests are eliminated. Some of you have the audacity to place all the blame on Obama and that is just plain stupid.

So you admit that some of the blame falls with the President?

Guest 02-25-2012 03:33 PM

Posh - I think it would be more accurate to say that our energy problems 5-10 years from now would be the fault of this President. Anything he would do would take that long to take effect whether it's drilling, pipelines, subsidized nukes or whatever else you can think of. Doing nothing (ok, the AEC just licensed a new nuke in Georgia and it looks like a new one in Utah will get the go-ahead) means that, 10 years from now when we're still complaining, it'll be because of Obama.

Guest 02-25-2012 04:01 PM

Quote:

Posted by Guest (Post 458769)
Posh - I think it would be more accurate to say that our energy problems 5-10 years from now would be the fault of this President. Anything he would do would take that long to take effect whether it's drilling, pipelines, subsidized nukes or whatever else you can think of. Doing nothing (ok, the AEC just licensed a new nuke in Georgia and it looks like a new one in Utah will get the go-ahead) means that, 10 years from now when we're still complaining, it'll be because of Obama.

Perhaps, and I'm no Wall Street follower, but maybe if they announced that exploration, drilling and more leases, that oil prices would drop.

Guest 02-26-2012 12:15 PM

It depends. We've seen an *announcement* of drawdowns form the SPR (Strategic Petroleum Reserve) have an effect (post-Katrina) but it's a bit fuzzy. Iran threatening to close the Straits of Hormuz has an immediate effect on prices. The fact that they've never done it generally means the spike will eventually pass. The fact that Iran could pursue policies that end up with them being bombed back to the Stone Age would have even more unpredictability.

Guest 02-26-2012 01:51 PM

Posh8,yes the president bears some resposibility in this energy crisis. He has made mistakes and I think he has been unclear on his views with regards to energy policy or hasn't been forceful enough in explaining them. You seem surprised that I would lay some of the blame on the President. Unlike some others,three come to mind,I do not have a closed mind when it comes to our President.

Guest 02-26-2012 04:23 PM

Quote:

Posted by Guest (Post 459206)
Posh8,yes the president bears some resposibility in this energy crisis. He has made mistakes and I think he has been unclear on his views with regards to energy policy or hasn't been forceful enough in explaining them. You seem surprised that I would lay some of the blame on the President. Unlike some others,three come to mind,I do not have a closed mind when it comes to our President.

Good for you. There's plenty of blame to go around, and he has to get some of it.


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