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High gas prices are President Obama’s fault

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Posted: Tuesday, October 30, 2012 12:00 am | Updated: 6:12 am, Tue Oct 30, 2012.

Debate season has come and gone; thus we see both winners and losers. First Mitt Romney wins, then he loses.

Frankly, I'm afraid too many of us don't know what's really going on. Take the incredibly high prices we're now paying for gasoline. Some say, "It's President Bush's fault." Others say, "Are you kidding? He hasn't been president for years. It's Obama's fault."

Let's have an impartial look at the facts. If you had a car and you were buying gas four years ago, you know the cost of gas was $1.86 a gallon. If you're still driving, you know gasoline now runs around $4.93 a gallon. You might think that's not Obama's fault — wrong! It is Obama's fault. Look at the facts.

Cost of oil by the barrel is a major component of the cost of gasoline. Oil is being pumped out of private lands in North Dakota in great quantities. This creates a healthy economy, and unemployment there is 1.5 percent.

However, we're at a nine-year low for oil production on federal lands. Why? Your president keeps harassing businesses — suing seven oil companies for the deaths of 28 birds — and constantly adding to the endangered species list — the dune sagebrush lizard is effectively curtailing oil production in Texas. When Obama blocked the Keystone pipeline with its thousands of jobs, that meant less oil going from Canada to our gas refineries, and that also pushes up the cost of oil per barrel.

Hogwash. That doesn't mean Obama wants it that way. Oh? Obama's chosen Energy Secretary, Stephen Chu, said to Congress in September 2008, "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe." Meaning people pay $9 a gallon in Europe.

This doesn't mean Obama actually wants to purposely increase gas and electric power prices, does it? Here's his answer in 2008 to that question. This time, believe it: "Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket. Businesses would have to retrofit their operation. That will cost money. They will pass that on to the customers."

Who are the consumers? That would be you!

Don Van Noy

Lodi

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Welcome to the discussion.

53 comments:

  • Kevin Paglia posted at 8:07 am on Sat, Nov 3, 2012.

    Kevin Paglia Posts: 2027

    John said: "They are not the enemy, you are."


    I know some of you like to cut and paste to save arguments for when they can be used later. I really hope you save John's latest rant. As much as Ms Bobin and others talk about right wing fanatic on the boards here we have a great example of the opposite, the left wing fanatic. John went so far as to identify me as an enemy. Now just imagine is a conservative had posted the same kind of rant and the reaction the liberals would have had.

    And I would like to point out that through this whole thing I have NOT been preaching a strict conservative fiscal policy but rather a BALANCED approach using working elements from BOTH philosophies. I have been talking about cooperation and mutual respect and, in John's eyes, that makes me an "enemy". I hope both liberals and conservatives on this board take note as to how far into pure hostility one becomes when political intolerance becomes an obsession.

     
  • John Lucas posted at 8:10 pm on Fri, Nov 2, 2012.

    John Lucas Posts: 2730

    There are policies that have worked over and over. They are not Conservative policies. Look at the 40',50's.60's and 70's when the United States built the biggest middle class in the world. Look at them and tell me why I should work with people like you who do not even know the financial history of our country. for the 101st time this is what works:

    1. Highly Progressive income tax
    2. Good labor laws
    3. strong Financial Regulation
    4. Keynesian economics

    People like you are being played by the people who own this country. The have an invasive media which they own that has one answer. Tax cuts for the rich. They really do not care about abortion, gay rights or any other issue. They pound their tax cuts for the rich 24/7 for 30 years and have gotten people like you to believe it. Warren Buffet said there has been a class war and his side one. That is why the top 1/10 of 1 percent own 50% percent of the wealth in this country. If a person making $50,000 a year would have gotten the same share of the output of the nation as he did in 1970 he would be making $90,000 dollars today. They are stealing you and your children blind and all you do is do their bidding by believing their nonsense. They are not the enemy, you are. They will never quit being greedy and selfish but you we can work on. It would be a miracle but maybe one day you will wake up to the truth. For the sake of your children I hope you do. 2008 was just a harbinger of things to come if you get your way

     
  • Kevin Paglia posted at 4:57 pm on Fri, Nov 2, 2012.

    Kevin Paglia Posts: 2027

    John and Rick:

    If Liberal tax and overspend policies work so well then why is California, a very liberal governed state, so financially bankrupt? California has been, as Rick said, "saving us" for decades and look at where we are. So why would you want America to follow California's example and dive faster into financial destruction?

    Not that Rep have all the answers. But if both worked together rather than against then the country as a whole would be better. But there are too many people like John and Rick, and their conservative counterparts, who rather see the country fail and collapse than work with people with differing ideas.

     
  • Darrell Baumbach posted at 4:08 pm on Fri, Nov 2, 2012.

    Darrell Baumbach Posts: 9405

    Mr Lucas stated...Darrell, it is not a superiority complex but an ability that you do not have

    Thank you for confirming that I was right.

     
  • John Lucas posted at 10:55 am on Fri, Nov 2, 2012.

    John Lucas Posts: 2730

    amen

     
  • John Lucas posted at 11:33 am on Thu, Nov 1, 2012.

    John Lucas Posts: 2730

    Darrell, it is not a superiority complex but an ability that you do not have. Liberals can look at history. You look at George Bush as a great man and 2008 as the flowering of United States accomplishment. We see that Mr bush was incompetent and that 2008 was a complete economic disaster. You see the Iraq war as something good. We see a trillion dollars down the drain, a mountain of suffering and death and a foreign policy disaster.

     
  • Darrell Baumbach posted at 5:57 am on Thu, Nov 1, 2012.

    Darrell Baumbach Posts: 9405

    Mr Houdack stated... It looks like it will be up to the adults in the room to save the Paglias and Taves and Dockters from themselves on Election Day.

    I want to thank Mr Houdack for confirming my perception of the average liberal he represents who has an extreme superiority complex.

    Yes, they always insist they know what is best and impose their views and reality on others.

    It is their mission in life to force people to do as they want supposedly in your best interest ( in their minds)
    In reality, I consider liberals like Mr Houdack as -Napoléon Bonaparte characters who should be considered vicious enemies of freedom.

    Clearly, Mr Houdack's concern is that for himself, not others. He could careless what others want and is willing to save you from having your own mind.

     
  • Rick Houdack posted at 8:20 pm on Wed, Oct 31, 2012.

    Rick Houdack Posts: 173

    It looks like it will be up to the adults in the room to save the Paglias and Taves and Dockters from themselves on Election Day. I only hope there is enough of us to counter balance their instinctive drive for self-immolation.

     
  • stan taves posted at 6:29 pm on Wed, Oct 31, 2012.

    Stan Taves Posts: 313

    Simmer down now... Obama had 4 yrs to come up with an energy policy that would encourage -- as opposed to discourage -- economic development. However Obama has decided to concentrate on other things that will not given us what we really need -- it's called growth. Any argument to the contrary will be met with a monstrous backlash that will force you surrender all of your candy.

     
  • Joanne Bobin posted at 12:56 pm on Wed, Oct 31, 2012.

    Joanne Bobin Posts: 4488

    Mr. Paglia wrote: "If that McDonalds worker was doing investments then he would pay the same thing. Obama pays 14% on all of his investments as well where is the outrage on that?"

    Wow - amazing that someone thinks like this.

    The difference is that Willard Mitt Romney doesn't work (like some other people) and therefore makes ALL of his income from investments - thus the 14% tax rate.

    People who WORK pay a much higher rate because, even if they have investments, employment income is taxed differently (at a higher rate) than capital gains (investment) income.

    Have you ever filled out a tax return? I am assuming you have and thus should know this information.

     
  • Darrell Baumbach posted at 10:21 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    No unicorns Mr Lucas... just boring facts and real things... I know you are disappointed, but you can always pretend Obama knows what he is doing and be comforted, that is just as good as hoping forunicorns... Enjoy Mr Lucas![thumbup]

     
  • Darrell Baumbach posted at 8:18 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr euer stated...Nice try Mr Baumbach. your repeated attacks on the president and praising the sloppy "Obama 2016" movie

    Oh my, must be liberal comedy night ... attacks? No Mr Heuer. Pointing out specific things Obama has said, done and performed is just pointing out recent history that every objective person knows has happened...

    May I suggest you watch Stewart and SNL tonight... since you enjoy and appreciate Ms Bobin's posts you wil be able to see just where she gets all her talking points.[beam]

     
  • Darrell Baumbach posted at 8:13 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Kevin, you are talking to a brink wall... I have tried to explain that both parties contribute to the failures and successes our country has. I also stated that many failures and successes have nothng to do with governmentas it happens inspite of government policies and laws.

    Mr lucas cannot see what you do. I appreciate your perspective.

     
  • John Lucas posted at 7:56 pm on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    If you accept that income inequality is the core problem then there is a deep divide between the parties. I believe that is true. You do not. No problem with that. I just think you are wrong as you think I am wrong. I believe you cannot build a strong viable middle class using Republican tax ideas. History shows this is the case. I will say it again for the 100th time. There has never been a country with a strong vibrant middle class that did not have a highly progressive income tax. They go together. Again look at history. It is just the truth.

     
  • Kevin Paglia posted at 6:32 pm on Tue, Oct 30, 2012.

    Kevin Paglia Posts: 2027

    You are not very familiar with tax code are you? Mitt pays 14% (or whatever it is) on INVESTMENT profits. Which is where he makes his money. If that McDonalds worker was doing investments then he would pay the same thing. Obama pays 14% on all of his investments as well where is the outrage on that?. If you are going to compare, compare apples to apples. But this, once again, proves my point. You don't see the Dems as contributing to the economic fall when they were the ones that pushed the housing bubble so high.

    That evil rich that you lobby against pay MOST of the taxes in this country.

    And let me point this out: You, John, are so obsessed with finding blame with the other side that you have completely missed the fact that I blamed BOTH sides for the fall. So I will say it again, it is people like you and your political counterparts who are more obsessed with proving the other side wrong than with finding actual solutions, no matter which side they come from.

    Your arguments are exactly the Vorlon vs Shadows comparison I was making.

     
  • Thomas Heuer posted at 6:18 pm on Tue, Oct 30, 2012.

    nth degree wise Posts: 1518

    Nice try Mr Baumbach. your repeated attacks on the president and praising the sloppy "Obama 2016" movie and as exibit A you follow the Romney approach of recognizing the popularity of Obama so criticism is tempered with a positive to couch the slam as here where you say "I stated Obama is intelligent and would make a good president, but not in this country... " No you've reveald your true motives and animosity many times before. To try to say otherwise ignores all your negative remarks that far outweigh any positive you may have offered. And don't ask me for examples thats a waste of time. Besides you have all the files, I mean database (whatever difference that may be?). BTW I never said the increased oil production was because of Obama I said it was occuring during and under Obama. In other words he was not hampering it as some would like to believe. Increased oil production is not temporary. As winter approaches our demand will go up. The Canadian pipeline is not in an of itself going to have a dramatic effct on gas prices regardless of what your friends at Fox want you to believe. Its just more oil to export for better profits. The pipline is on hold to determine if the plans are sufficient for safety and that all the peoples properties effected (you know the not in my back yard) are ok. If they aren't and something goes wrong you know republicans who don't believe in other peoples mistakes will have D Issa holding hearings and yelling the president isn't telling us everything. You know that rubbish.

     
  • John Lucas posted at 5:58 pm on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    Mr Paglia said:

    Thank you for proving my point John.
    You are so wrapped up in the us vs them you seem oblivious to the fact that BOTH parties contributed to the collapse. It was the dems and their "everyone deserves a house (even if they can't afford it)" policies that made the housing crisis, and the Rep failings as you pointed out.
    As long as the genreal public continues to think like you with an "its all THEIR fault" mentality then nothing will ever get beter. We got into this mess with that kind of thinking, want to bet on if the continuing mentality would fix the problem?
    --------------------------------------------------------------------------------------------------
    Their is a basic and fundamental difference between the Republicans and Democrats. It has led to the greatest income inequality since the 1920s(a major cause of that financial collapse). This has been done by insane tax cuts for the very rich and the war waged against workers through the gutting of labor laws. A person making $50,000 a year now if he or she got the same share of the national income as in 1970 would be making $90,000 dollars a year today. If you think it is fair that Mitt Romney pays 14% of his income in taxes while a guy who works at McDonaldsat minimum wage pays 15% in payroll taxes you are nuts.

    This economy roared and created the biggest middle class in the world when the top marginal rate was 90%. They never paid that much because there were tax shelters they could use but it forced them to invest in the economy or give it to the Government who would do it if they did not. The reality is that the really rich then paid an effective tax rate of about 38%. Today there are people making a billion dollars a year and pay less than a person working at minimum wage and some pay nothing. It is time to stop the trickle down nonsense and go back to what worked. Republicans economic ideas always lead to financial disasters and they proven time and time agin to be incompetent at governing. The only reason they are competitive is their total lack of character. They will say anything and lying is not a problem or them Witness Mitt Romney

     
  • Darrell Baumbach posted at 5:28 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr Heuer stated...As the LNS just informed us recently the US is poised to become one of the largest oil producres under Obama.

    Another blatant falsehood Mr Heuer... Yes, at this time USA is producing slightly more oil that it normally does, but that is a temporary condition that is a result of oil companies independently doing more in spite of Obama, not because of Obama. Obama is fighting oil companies as evidenced with the veto of the Canadian oil line fiasco...and will obviously do what he can to influence the price of gas to sky rocket if he is elected again. He wants coal and gas diminished and green energy augmented...

     
  • Kevin Paglia posted at 5:24 pm on Tue, Oct 30, 2012.

    Kevin Paglia Posts: 2027

    Thank you for proving my point John.

    You are so wrapped up in the us vs them you seem oblivious to the fact that BOTH parties contributed to the collapse. It was the dems and their "everyone deserves a house (even if they can't afford it)" policies that made the housing crisis, and the Rep failings as you pointed out.

    As long as the genreal public continues to think like you with an "its all THEIR fault" mentality then nothing will ever get beter. We got into this mess with that kind of thinking, want to bet on if the continuing mentality would fix the problem?

     
  • Darrell Baumbach posted at 5:14 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr Heuer stated... Mr Baumbach lives up to his hyperbole and partisan promotions with blatantly false information. He and his "hate Obama any time and any reason"

    How comical of Mr Heuer... he stated I promote blatantly false information and then in the same breath, provides an obvious false statement to the readers as he claimed I hate Obama... How absurd...

    Since I have stated on many occasions that Barack Obama is a wonderful person, is a good father and provider, is the kind of person who would be interesting and fun to hang with, I could hardly be accused of hating the man... in fact, I wrote a letter to the editor recently, in which I stated Obama is intelligent and would make a good president, but not in this country... Hate.. not even close Mr Heuer.

     
  • Thomas Heuer posted at 4:23 pm on Tue, Oct 30, 2012.

    nth degree wise Posts: 1518

    Mr Baumbach lives up to his hyperbole and partisan promotions with blatently false information. He and his "hate Obama any time and any reason" would have you believe that domestic production needs to be stepped up even more than it already is to decrease the price of gas. Hog wash. Think the conservatives have blamed Obama for all kinds of covert things to boost his standing or effect the positively this campaign in his favor. I mean there have been efforts to use the hurricane to his advantage. So why oh why wouldn't he step up production of oil, give more stimulus and subsedies to oil companiesto step up production during ths election so there would be one less conservative criticism. As the LNS just informed us recently the US is poised to become one of the largest oil producres under Obama. The problem as always is our refinery capacity can only handle so much oil. And with a recent refinery down it reduces sipply and raises prices. You can drill all you want however we wind up exporting the excess as we are doing for better prices elsewhere. In order to lower prices which are set on the global market (by speculators) everyone would have to experience a glut. The world would also have to have no threats to oil production which regardless of supply tends to make nervous ninnys of speculators who raise the prices just in case. When Conservatives talk of intervening in Syria or bombing Iran this makes markets nervous. No one knows where things are going to go. Everyone has to retool (takes time) to adjust to changes. Its like the conservatives argueing about not paying our bills we have incurred(debt ceiling crisis) also makes people nervous. So forget the blame game in oil.

     
  • Darrell Baumbach posted at 4:21 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    1/2 good question Mr Barrow. I definitely will answer all his questions. I wish, however, to answer where what I say means something specific to his question concerning his own family.. He asked a general question that applies specifically to his family. I have no way of answering the question he posed unless I understand what his definition of "helping his family" is. What one person considers help another may resent.

    1/2 of your question is bad...I am not hiding and will answer his questions in detail.

     
  • Darrell Baumbach posted at 4:15 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Actually, I missed all the talking points as talking points come from using other people words like you, for example, when you quoted Eleanor Roosevelt...

    I on the other hand, deliberate and articulate what I think. By definition, my posts are not talking points unless someone wishes to copy what I stated.

    Mr Lucas, you have my permission.

     
  • John Lucas posted at 3:58 pm on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    There must have been a talking point you missed in there somewhere.

     
  • John Lucas posted at 3:56 pm on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    It is one of Darrell's favorite ploys. He never answers a question.

     
  • Eric Barrow posted at 3:40 pm on Tue, Oct 30, 2012.

    Eric Barrow Posts: 1533

    Why don't you just answer his question instead of hiding behind your questions

     
  • John Lucas posted at 3:37 pm on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    The old false equivalency claptrap. 2008 was a direct result of Conservative Republican economic policies as Iraq was the direct result of Conservative Republican foreign policies. Neither would have happened under a Democratic administration. Elections have consequences. Republicans have been proven over a long period of time their economic policies are a disaster and they are incompetent in the running of government especially foreign policy. Electing Mitt Romney will lead to 2008 but worse.

     
  • Darrell Baumbach posted at 3:28 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr Lucas stated... The record high price for gas on a single day happened during the George W Bush administration...

    How significantly insignificant Mr Lucas.

    George Bush was accused of being an oil man's friend for years. He was hated as he promoted oil drilling and making rich oil men richer by Barack Obama while he was senator.

    Now that Obama is president, liberals want to pretend Obama is pro oil and brag that oil production has never been higher.

    Lets get real shall we. Conservatives want energy independence and want more and more drilling. Liberals hate oil companies and demonize them at every opportunity.

    George Bush would have signed the Canadian pipeline bill in a heart beat, and Obama did his best to defeat it.

     
  • Kevin Paglia posted at 3:23 pm on Tue, Oct 30, 2012.

    Kevin Paglia Posts: 2027

    BOTH sides do nothing but attack the other side. Read the comments from the left and it is about how the Rep want nothing more than to stomp on the poor. The right is about the Dems destroying businesses. For years after Obama was elected all we heard was how everything was Bush's fault. Now when anyone says it is Obama's fault they are either tagged as racist or just attacking.

    It is not the general societies fault. We are only doing what we see the politicians do daily. They don't know how to fix the country but they do know how to blame the other side for the problems. I make the comparison over and over again, and will continue to do so until they change, but the Rep and Dems no longer care about being right as long as they can prove the other party wrong, the Vorlons and Shadows. And you can see the same attributes played out here almost daily. Constant attacks from political factions to prove the other wrong with no attempt to solve problems.

     
  • Thomas Heuer posted at 3:01 pm on Tue, Oct 30, 2012.

    nth degree wise Posts: 1518

    Thats happened to me as well. There is longer delay and there previously was a copy as a plave holder so you knew it would be coming. I also had posted and it disappeared and thein leaving for a short time it hadn't posted but people were already responding to it.Wierd. Maybe Mr Barrow is on to something here.

     
  • John Lucas posted at 2:56 pm on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    The record high price for gas on a single day happened during the George W Bush administration.

     
  • Darrell Baumbach posted at 2:43 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Sorry Ms Bobin.... I have Obama as a model... no reason to look beyond that as he was very successful in getting done what he wanted to do. Gas prices are up, he helped that along quite nicely. He hired a "green man" to be his enegy Tzar and just look how impressed and grateful the anti job, anti business , anti fossil fuel organizations are...

     
  • Darrell Baumbach posted at 2:35 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr Ingram observed...The price of Oil is not set by Obama !

    Of course not, but the power of the United States government, especially the president can greatly influence prices.

    For example, Had Obama approved the Canadian pipeline and as well as many more Federal leases to drill for oil, thus creating a larger supply, prices would drop. Dramatic increases in local production would force oil prices to drop internationally as we would break their stranglehold on production.

    Obama went to south America and encouraged oil drilling with promise that we would be their number one trading partner. If Obama had focused on our own country, our own oil companies, it would have made a difference.

     
  • Darrell Baumbach posted at 1:47 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr Ingram asks, what the Republicans will do to improve my families life?

    Mr Ingram, glad to hear you have experience running successful businesses and are concerned about improving your family life. I admire people who work hard and contribute in a positive way to society and have a family they want to protect.

    May I please ask you a few questions so I can better attempt to answer your questions.
    1. Which states did you run your businesses.
    2. What legislation to you think Obama supported and promoted that made or would make your business run better, thus helping you and your family?
    3. Do you think Obamacare makes it less or more likely for you to hire more employees? Why?
    4. Please explain to me how Obama has helped your family and/or employees?
    5. Please explain what Obama did that resulted in hurting your family?
    6. If you had been president instead of Obama, what would you have done differently? Would you have focused on health care or jobs as a key priority?
    7. What specific help do you think any politician can do to make life better for your family?
    8. Obama stated he wanted to transform America, was that a good think and why?
    9. Do you agree with the points Don Van Noy made in this letter? why?

     
  • Darrell Baumbach posted at 1:32 pm on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr Ingram stated...Darrel, why is would those dang TZARS would jump for Joy about other humans suffering ?? ....err perhaps it was just 'commenters license' ... but I am interested in YOUR opinion
    Excellent question Mr Ingram! Answer,They never jump for joy about other human's suffering.
    No, that is not their intent at all. In fact, they believe they are helping ignorant people like you and I that could not understand what they understand. They have a superior intelligence ( in their minds) and want to force you to do what they think the right thing is.

    So... higher gas prices? Very very high gas prices? Of course. They are making you drive less, burn less fuels that cause global warming. They understand if it is too expensive to drive cars, you will seek alternate ways to travel that does not include engines run off fossil fuel. Have you noticed an attempt to build a bullet train in California? There are many factors.

    Did you notice all the tax credits available in the last few years for people who buy electric cars, use solar energy. So yes, make fossil fuels very expensive which results in making alternative fuels more attractive.

     
  • Joanne Bobin posted at 1:00 pm on Tue, Oct 30, 2012.

    Joanne Bobin Posts: 4488

    That happened to me once today - so I posted again - then both were there.

     
  • Joanne Bobin posted at 12:59 pm on Tue, Oct 30, 2012.

    Joanne Bobin Posts: 4488

    Right? Can't least a single positive attribute - mostly because even Willard Mitt Romney doesn't know the plan, or denies he will go with the "Ryan Plan."

    Poor Paul has been put down in the hidey-hole so he doesn't scare away any converts Willard made after he'd lied his way through 3 debates.

    Good ol' "Moderate Mitt."

     
  • Joanne Bobin posted at 12:56 pm on Tue, Oct 30, 2012.

    Joanne Bobin Posts: 4488

    "No matter what party..."

    Then why are you voting for Willard Mitt Romney? Oh, that's right, the man with the proposed "MOON COLONY" didn't get the nomination!

     
  • John Lucas posted at 12:03 pm on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    Sometimes it takes a little while before they come up Bob. I do not know why that is but it is so. Also asking Mr Baumbach for details probably will not result in it happening. By the way Welcome.

     
  • Bobcatbob Ingram posted at 11:53 am on Tue, Oct 30, 2012.

    99er Posts: 119

    Moderator, I posted 3 fairly intelligent post, 1 was taken down and 2 were not approved and If You can show me what 'rule' I broke I'll send to Your Fav Charity 100 bucks.

     
  • John Lucas posted at 11:53 am on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    Bubble people thinking may be not true or align with reality but it is interesting. Thanks Darrell for this trip into la la land. Did you see any unicorns while you were there?

     
  • John Lucas posted at 11:50 am on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    This is another example of bubble people logic. Things could go bad at any time, however all the economic statistics state we are in an economic recovery. That this is not in line with what the bubble people like you believe it does not exist evidence to the contrary. Bubble people have an advantage over Liberals. Their ideas do not have to be based on reality or facts.

     
  • Bobcatbob Ingram posted at 11:49 am on Tue, Oct 30, 2012.

    99er Posts: 119

    Darrel, why is would those dang TZARS would jump for Joy about other humans suffering ?? ....err perhaps it was just 'commenters license' ... but I am interested in YOUR opinion.

     
  • Bobcatbob Ingram posted at 11:42 am on Tue, Oct 30, 2012.

    99er Posts: 119

    oooo Darrell you are smart to start blaming Obama now for high prices after he is defeated.
    The price of Oil is not set by Obama !
    You seem like an intelligent person will You do me a favor. Write out or direct me to a post that You wrote that DETAILS what the Republicans will do to improve my families life.
    I have owned several successful business and am fair-to-meddelin smart but I'll be danged if I've seen anything accept 'ATTACK Obama' from any Republican.

     
  • Darrell Baumbach posted at 11:22 am on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr Lucas stated...Even though our domestic production of oil and natural gas are at record levels ...

    private oil production is about the same as normal, slightly higher...but these are not normal times nor business as usual... we need dramatic increases based on help from federal contracts... unfortunately, Obama is fighting tooth and nail to to diminish oil and coal. Fortunately, private oil companies are fighting Obama's wishes and attempting to produce...

    After the election however, when Obama no longer fears election, he will crack down on oil and do his best to get the prices as high as he can

     
  • Darrell Baumbach posted at 11:09 am on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr Lucas stated...We are in the mist of an economic recovery albeit a slow one.

    Sorry Mr Lucas. There is no recovery. This is just an illusion just like a boat in calm waters in the eye of a hurricane... everything appears OK... but as long as Obama"not"care, which comes into law legally in 2014, is not overturned, the economy is in big trouble. Employers will not hire until then...
    In addition, interest rates and inflation is artificially low and will likely go up after the election and cause problems no matter which party is in control...

     
  • Darrell Baumbach posted at 11:00 am on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Ms Bobin, sorry, you wouldn't know truth if it bit you.

    Clearly, the Obama administration advocates increase in gas prices to decrease demand for fossil fuels and energize alternate fuels and energy... that he hired Mr CHU, king advocate for high gas prices and also based on the facts in this letter. makes my comments truth, not lies.

    In fact, it is obvious that the liberal left is in a panic and desperate to hide Obama's real intent, which is to put oil, gas and coal out of business... after this election, if Obama wins, I have no doubt gas will increase in price to $10.00 per gallon. No doubt at all.

     
  • John Lucas posted at 10:17 am on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    Darrell you are half right. Even though our domestic production of oil and natural gas are at record levels he did not do what the Republicans wanted. We are in the mist of an economic recovery albeit a slow one. If we would only have done what the Republican congress had wanted we could have had a economic crash. Then gas prices would have really went low.

     
  • Joanne Bobin posted at 10:04 am on Tue, Oct 30, 2012.

    Joanne Bobin Posts: 4488

    Variables? May I refer you to my comments above. You might want to educate yourself on the commodities market also, Mr. Baumbach.

     
  • Darrell Baumbach posted at 10:02 am on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Clearly, Obama set the tone and atmosphere for gas prices to sky rocket and explode through the roof.

    Obama put 80 billion in green technology and alternate fuels. Hr hired an energy TZAR that pushed to have gas prices dramatically increase...

    Obviously, the Obama administration has been a cheerleader and promoter of high gas prices in order to the green industry an advantage...

    In fact, I am sure the Obama administration is very disappointed that gas did not go up to $10.00 per gallon. They evidently are waiting for the election to finish so they can again push to make their high gas price dream come true.

     
  • Joanne Bobin posted at 10:02 am on Tue, Oct 30, 2012.

    Joanne Bobin Posts: 4488

    Mr. Van Noy obviously has very little knowledge of the oil market and thus has allowed himself to make wild speculations and accusations about the price of gasoline, which yesterday was $3.89 for regular.

    In Mr. Van Noy's world, gasoline prices are set by the president and his policies.

    In the REAL world, oil is a comodity that is priced according to the world commodities market.

    Willard Mitt Romney has been crowing that he will "make the US energy independent by 2020."

    Great plan - no problem - even if we are producing enough oil to feed our gas hogging populace, we cannot sell it to ourselves at a price lower than the world commodities market price. We would be more successful at weaning all the soccer moms off their huge SUV's than setting our own price for gas.

    Here is a good little quick reference, Mr. Van Noy. You might learn something:

    http://www.investopedia.com/ask/answers/06/commodityprices.asp#axzz2AnmSf47V

    Or, I could sell you a nice little book that my brother wrote on option trading, but it only deals with agricultural commodities since that is his field (ooooh, a pun!) of expertise.

     
  • John Lucas posted at 9:16 am on Tue, Oct 30, 2012.

    John Lucas Posts: 2730

    The hypocrisy of the the bubble people never fails to amaze me and the hypocrisy of blaming President Obama for rising gas prices is no exception!

    Gas price under bush went to $4.21(highest ever recorded in the US) a gallon and was over $3.00 a gallon most of his last term in office.

    The only reason gas was at $1.85 when President Obama took office is because of the economic crash which greatly reduced demand and the crash effected all countries not just the US.

     
  • Darrell Baumbach posted at 5:46 am on Tue, Oct 30, 2012.

    Darrell Baumbach Posts: 9405

    Mr Van Noy makes interesting observations. Of course there are variables out side of Obama's power that contribute to high prices of gas.

    But somehow, one gets the impression that as the price of gas goes up, Obama's TZARS and energy officials enthusiastically jump for joy as they see many American forced to take the bus or train as they can no longer afford to fill their tank of gas in their private car that they are now forced to sell.

     

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