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Will Gas Prices Rise If Obama wins the election? The Vogue of Imitation | |
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they will rise no matter who gets elected, really we should not even be paying what we r seeing the oil prices have droped to under 90 dollars a barrel ..the entier thing is a mess prince said it best this town needs a enema ! | |
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No because who's president has nothing to do with the price of gas. | |
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Why would you think that?
Meanwhile, civic knowledge is enhanced by discussing public affairs, taking part in civic activities and reading about current events and history, the group said.
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MPLSBRAT said: they will rise no matter who gets elected, really we should not even be paying what we r seeing the oil prices have droped to under 90 dollars a barrel ..the entier thing is a mess
We sure shouldn't. I still see some neighborhoods in Chicago selling gas for over 4 bucks.[Edited 10/9/08 15:26pm] | |
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I suspect gas prices to rise significantly right before the election. That's why I'll be carpooling and taking people to the polls! | |
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Stymie said: MPLSBRAT said: they will rise no matter who gets elected, really we should not even be paying what we r seeing the oil prices have droped to under 90 dollars a barrel ..the entier thing is a mess
We sure shouldn't. I still see some neighborhoods in Chicago selling gas for over 4 bucks.[Edited 10/9/08 15:26pm] But the price at the pump does not fluctuate with the spot market for oil. That gas at the gas station may have been bought when gasoline was higher. Until the higher priced gasoline is sold, the station would be losing money by trying to sell according to spot oil or gasoline markets. Meanwhile, civic knowledge is enhanced by discussing public affairs, taking part in civic activities and reading about current events and history, the group said.
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SUPRMAN said: Stymie said: We sure shouldn't. I still see some neighborhoods in Chicago selling gas for over 4 bucks.
But the price at the pump does not fluctuate with the spot market for oil. That gas at the gas station may have been bought when gasoline was higher. Until the higher priced gasoline is sold, the station would be losing money by trying to sell according to spot oil or gasoline markets. | |
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gas prices will be dropping significantly..in fact they already are. I paid 2.97 this morning for regular unleaded. Back on July 28th , Lindsey Williams foretold that oil prices were going to drop to $50/barrel And have no fellowship with the unfruitful WORKS OF DARKNESS, but rather EXPOSE THEM.. Ephesians 5:11" | |
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thepope2the9s said: gas prices will be dropping significantly..in fact they already are. I paid 2.97 this morning for regular unleaded. Back on July 28th , Lindsey Williams foretold that oil prices were going to drop to $50/barrel Gas drops in the fall: less people traveling. They are falling now because we are in a "crisis". | |
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Stymie said: thepope2the9s said: gas prices will be dropping significantly..in fact they already are. I paid 2.97 this morning for regular unleaded. Back on July 28th , Lindsey Williams foretold that oil prices were going to drop to $50/barrel Gas drops in the fall: less people traveling. They are falling now because we are in a "crisis".This is what Lindsey Williams was told and spoke of back in July 08' Over the next twelve months, from mid-2008 to mid-2009, (1) news of super giant oil fields, ready to produce, would be announced for two locations, in the Northern Slopes of Russia and in Indonesia, which oil fields would together contain more oil reserves than the entire Middle East; (2) that this news would drive oil prices down to $50/barrel; (3) that OPEC countries, especially in the Middle East, would be bankrupted by this price decrease; (4) that this would cause the financing of our foreign trade and current account deficits through purchases of treasury paper by foreign nations with their surplus oil profits to collapse, leading to the collapse of the dollar; (5) that the collapse of the dollar would cause unprecedented financial strife and turmoil in the US, and that it would take many years for the US to recover from this financial debacle google him and see his youtube videos or research him. And have no fellowship with the unfruitful WORKS OF DARKNESS, but rather EXPOSE THEM.. Ephesians 5:11" | |
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thepope2the9s said: Stymie said: Gas drops in the fall: less people traveling. They are falling now because we are in a "crisis".
This is what Lindsey Williams was told and spoke of back in July 08' Over the next twelve months, from mid-2008 to mid-2009, (1) news of super giant oil fields, ready to produce, would be announced for two locations, in the Northern Slopes of Russia and in Indonesia, which oil fields would together contain more oil reserves than the entire Middle East; (2) that this news would drive oil prices down to $50/barrel; (3) that OPEC countries, especially in the Middle East, would be bankrupted by this price decrease; (4) that this would cause the financing of our foreign trade and current account deficits through purchases of treasury paper by foreign nations with their surplus oil profits to collapse, leading to the collapse of the dollar; (5) that the collapse of the dollar would cause unprecedented financial strife and turmoil in the US, and that it would take many years for the US to recover from this financial debacle google him and see his youtube videos or research him. | |
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Well, don't know if the price will stay low - Venezuelan prez is trying to hold an emergency meeting with OPEC JUST because the prices are falling so fast, to stop oil production which will inevitably raise prices. New World Order (NWO) - Bboy87 - Timmy84 - LittleBlueCorvette - MuthaFunka - phunkdaddy - Christopher: Deal with it, muthafuckas! 
Jealousy/Of what are we/Becomes tendency/For their thievery |
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Stymie said: thepope2the9s said: This is what Lindsey Williams was told and spoke of back in July 08' Over the next twelve months, from mid-2008 to mid-2009, (1) news of super giant oil fields, ready to produce, would be announced for two locations, in the Northern Slopes of Russia and in Indonesia, which oil fields would together contain more oil reserves than the entire Middle East; (2) that this news would drive oil prices down to $50/barrel; (3) that OPEC countries, especially in the Middle East, would be bankrupted by this price decrease; (4) that this would cause the financing of our foreign trade and current account deficits through purchases of treasury paper by foreign nations with their surplus oil profits to collapse, leading to the collapse of the dollar; (5) that the collapse of the dollar would cause unprecedented financial strife and turmoil in the US, and that it would take many years for the US to recover from this financial debacle google him and see his youtube videos or research him. oil was up to 140.00 a barrel a few months ago and is now near $90. But of course it is because the us economy is in crisis...right? If they keep telling us were in a crisis , day after day,,,,we will believe it. And have no fellowship with the unfruitful WORKS OF DARKNESS, but rather EXPOSE THEM.. Ephesians 5:11" | |
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thepope2the9s said: Stymie said: Gas drops in the fall: less people traveling. They are falling now because we are in a "crisis".
This is what Lindsey Williams was told and spoke of back in July 08' Over the next twelve months, from mid-2008 to mid-2009, (1) news of super giant oil fields, ready to produce, would be announced for two locations, in the Northern Slopes of Russia and in Indonesia, which oil fields would together contain more oil reserves than the entire Middle East; (2) that this news would drive oil prices down to $50/barrel; (3) that OPEC countries, especially in the Middle East, would be bankrupted by this price decrease; (4) that this would cause the financing of our foreign trade and current account deficits through purchases of treasury paper by foreign nations with their surplus oil profits to collapse, leading to the collapse of the dollar; (5) that the collapse of the dollar would cause unprecedented financial strife and turmoil in the US, and that it would take many years for the US to recover from this financial debacle google him and see his youtube videos or research him. Any oil find is theoretically "ready to produce" but there is currently a shortage of off shore drilling capability worldwide. From the rigs being constructed to crews being trained to maintain, to drill to refining. The U.S. is already at refining capability and has been for 20 years because no one will live next to a refinery. And the best places to build a refinery? The coast where ships can line up and offload it. Which is what NOBODY talks about because you will be elected President suggesting that to make that oil gasoline and not send it overseas, we will have to put a refinery in your community, and yours, and yours, . . . So offshore drilling is accessible and always has been in that sense. Finding more oil will not affect prices until that oil is on the market. Saudi Arabia, Iraq, and Iran do not export or pump all the oil they are capable of bringing to market. Saudi Arabia, and the world knows it, can drop the price of oil whenever it gets ready simply by ramping up production. Bush asked them to do so and they told him no. They didn't see it in their interest to suffer for our national debt. They are building infrastructure, we are not. A price decrease will not bankrupt any of them. They are holding hundreds of billions in dollars and oil. Also the dollar will not collapse in one day. Only because of its current status. There are also too many dollars out there throughout the world. In fact, most of the $100 bills printed circulate outside of the United States. (Yes the government sells and ships greenbacks overseas.) Gold, U.S Treasury Bills and the U.S. dollars are the current safest investments around. So you are not going to persuade the planet over night that their dollars are worthless. If people don't believe they are worthless then they have value and life goes on. Because if the dollar isn't safe, then the T-Bills aren't either and the only safe haven will be items you can barter. The euro can't take the place of the dollar, it's not strong enough and doesn't circulate much outside of the EU. Chinese currency is only good in China so it can't establish a reliable weighted value against other currencies. The dollar can and at our current rate will decline but that will take at least a decade. It may become more of a roller coaster for the dollar which is when it will begin falling out of favor but then oil will probably still be denominated in dollars which makes everyone yearn for a steady dollar. China imports as much oil as the United States. They have less of it at home than we do. China burns coal. The world's largest user of coal and the second largest polluter. They have to spend more than we do for it because they have to buy dollars first, then buy their oil. (Something we set up for ourselves right after WWII. {When I ruled the world . . ]) That's what China does by buying T-bills, sells them for dollars and buys oil. Even though China is taking a bath. (They've lost over a trillion in value on their U.S. debt holdings.) The Fed cutting interest rates, if that leads to the dollar falling because of fears of inflation, the that hurts China's wallet. So someday China is gonna stop eating these paper losses. Like Saudi Arabia did. But just because you're boy said on it. I wouldn't lay any money down. Meanwhile, civic knowledge is enhanced by discussing public affairs, taking part in civic activities and reading about current events and history, the group said.
Which is why we have P & R! |
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oh i just figured that if Obama raises taxes on them, then oil companies will just take it out of our asses The Vogue of Imitation | |
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horatio said: oh i just figured that if Obama raises taxes on them, then oil companies will just take it out of our asses
Taxes should go up on carbon based fuels. Nothing would make us more creative about conserving and finding alternatives. But everyone is fine as long as someone else is taxed. We can't live long term without the benefits but none of want to pay for those benefits. We should eliminate loopholes, and if we have to bail out companies, they should not be getting subsidies coming and going. So no subsidies or tax breaks to any corporations with say revenue exceeding $5 million or they are controlled or affiliated with a larger company. Such so I don't have to hear whiners talking about small businesses. As with energy, the market gets very bright, very fast when you focus them on dollars. You close loopholes, watch how quickly companies will be to get creative and generate that missing revenue. We should also move to a two tier national health system. Just slap and income and asset level. Say $50,000 per individual. People who don't want the government plan can simply pay for insurance or the doctor of their choice. Then you make the government plan less attractive, like requiring people to quit smoking and making other health changes to reduce costs.(this isn't well thought out for detail.) You don't like the restrictions and improvement requirements, pay for your own medical care. It sounds mean but it would be a boon to the economy. Again it would have the effect of improving the health of those who put the greatest burden on the system. Illegal immigrants can either use the gov't system or maybe be excluded and forced to purchase health care. I would suggest letting them pay into the government system. Free is too much of an invitation to cross the border for better, and cheaper medical care. We should not encourage that. I think that would be immoral. It's an invitation to break the law and then claim a moral/ethical exemption. Meanwhile, civic knowledge is enhanced by discussing public affairs, taking part in civic activities and reading about current events and history, the group said.
Which is why we have P & R! |
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Stymie said: thepope2the9s said: This is what Lindsey Williams was told and spoke of back in July 08' Over the next twelve months, from mid-2008 to mid-2009, (1) news of super giant oil fields, ready to produce, would be announced for two locations, in the Northern Slopes of Russia and in Indonesia, which oil fields would together contain more oil reserves than the entire Middle East; (2) that this news would drive oil prices down to $50/barrel; (3) that OPEC countries, especially in the Middle East, would be bankrupted by this price decrease; (4) that this would cause the financing of our foreign trade and current account deficits through purchases of treasury paper by foreign nations with their surplus oil profits to collapse, leading to the collapse of the dollar; (5) that the collapse of the dollar would cause unprecedented financial strife and turmoil in the US, and that it would take many years for the US to recover from this financial debacle google him and see his youtube videos or research him. Oil just dropped to $77.70 a barrel yesterday....we will see if it gets to the $50 mark And have no fellowship with the unfruitful WORKS OF DARKNESS, but rather EXPOSE THEM.. Ephesians 5:11" | |
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thepope2the9s said: Stymie said: No thanks. I don't have much interest in someone who belives middle eastern countries are going to go bankrupt or that gas will get to 50 bucks a barrel.
Oil just dropped to $77.70 a barrel yesterday....we will see if it gets to the $50 mark If no onhe can get credit to buy oil, the best way to continue selling it is to lower price. It's easier to sell it than try to store it or reduce pumping capacity. Three years ago, oil was at $30. $50 will not bankrupt producers. It will keep Putin and Chavez quiet for a minute though. Meanwhile, civic knowledge is enhanced by discussing public affairs, taking part in civic activities and reading about current events and history, the group said.
Which is why we have P & R! |
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Stymie said: thepope2the9s said: This is what Lindsey Williams was told and spoke of back in July 08' Over the next twelve months, from mid-2008 to mid-2009, (1) news of super giant oil fields, ready to produce, would be announced for two locations, in the Northern Slopes of Russia and in Indonesia, which oil fields would together contain more oil reserves than the entire Middle East; (2) that this news would drive oil prices down to $50/barrel; (3) that OPEC countries, especially in the Middle East, would be bankrupted by this price decrease; (4) that this would cause the financing of our foreign trade and current account deficits through purchases of treasury paper by foreign nations with their surplus oil profits to collapse, leading to the collapse of the dollar; (5) that the collapse of the dollar would cause unprecedented financial strife and turmoil in the US, and that it would take many years for the US to recover from this financial debacle google him and see his youtube videos or research him. A BARREL OF OIL NOW AT $66.75 10/22/08 moving to the $50 a barrel mark. And have no fellowship with the unfruitful WORKS OF DARKNESS, but rather EXPOSE THEM.. Ephesians 5:11" | |
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thepope2the9s said: Stymie said: No thanks. I don't have much interest in someone who belives middle eastern countries are going to go bankrupt or that gas will get to 50 bucks a barrel.
A BARREL OF OIL NOW AT $66.75 10/22/08 moving to the $50 a barrel mark.  Meanwhile, civic knowledge is enhanced by discussing public affairs, taking part in civic activities and reading about current events and history, the group said.
Which is why we have P & R! |
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