5 comments:

• Kevin Paglia posted at 12:26 pm on Sat, Oct 13, 2012.

  Posts: 1729

  Unfortunately the only time American society makes a change is when it affects them on a personal level. Hopefully the high gas prices will FORCE more innovations in fuel efficiency and encourage society to demand a renewable fuel source so we can have that infrastructure set BEFORE we run out of the limited commodity of oil.

  A relatively minor pain now will HOPEFULLY avert massive disruptions later.

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• Darrell Baumbach posted at 8:49 am on Sat, Oct 13, 2012.

  Posts: 9403

  So obviously by saying oil production is higher than the last 17 years, deception is made.

  The point is that we need approval for massive increases, not just a few barrels.

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• Darrell Baumbach posted at 8:46 am on Sat, Oct 13, 2012.

  Posts: 9403

  So Obama is right that American oil production is at its highest level since 2003, but we’re taking the statement down a notch on our rating scale because the amount is projected to fall during each of the next two years, making it somewhat problematic to use the number as evidence that domestic oil production is on a healthy trendline

  politifact.com...
  Here are the annual totals, in barrels produced, going back to 2003:
  
  2003: 2,073,453,000
  2004: 1,983,302,000
  2005: 1,890,106,000
  2006: 1,862,259,000
  2007: 1,848,450,000
  2008: 1,811,817,000
  2009: 1,956,596,000
  2010: 2,011,856,000
  
  

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• Rick Houdack posted at 7:10 am on Sat, Oct 13, 2012.

  Posts: 123

  Domestic oil production is at a 17-year high; the US is exporting gasoline at rates three times the volume under the previous administration. Gasoline prices were as high in late summer 2008 (under Bush II) as they are today. Oil is a worldwide commodity, its price is set by what the market will bear. There are those who idiotically campaign for Republican nationalization of the oil industry, but those people are best ignored.

  The best way to avoid high oil prices (and the consequences) is to use less of it. Period.

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• Darrell Baumbach posted at 5:23 am on Sat, Oct 13, 2012.

  Posts: 9403

  "What are you going to do?" said Rick Bentz of Lockeford as he pumped gasoline at the Chevron station at Ham Lane and Lockeford Street. "There's nothing you can do."

  I disagree. This is partially a political issue. Vote for candidates that will address the supply and demand concerns. Build of refineries, flood the market, relax gas standards so California can get gas supplies from other states. Vote for canidates that will approve more drilling...

  Obama has to go as does other liberal thinkers... vote Romney and Gill

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