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iamnotaparakeet
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13 Apr 2011, 8:30 am

Link: http://www.msnbc.msn.com/id/42468366/

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What do you call $2 a gallon for gas? Bush's economic failure.

What do you call $4 a gallon for gas? Obama's economic "recovery."

The Obama recovery will continue. Get used to high pump prices. In fact, get used to burdensome energy costs forever.

That was the takeaway from President Obama's message on Wednesday in Falls, where he held an invitation only "town hall" at Gamesa Technology Corp., the windmill turbine manufacturer.

"I'm just going to be honest with you," he told a man named "Jazz," who had asked what could be done to reduce pump prices. "There's not much we can do next week or two weeks from now."

Or ever.

The president suggested trading in gas guzzling SUVs (Your SUV, not his) for more fuel-efficient cars. Try a hybrid, he said. Maybe a small electric that travels 100 miles on a charge.

"Jazz" said he needs his SUV because he has 10 children.

Ten kids? Obama was whimsically dumbfounded by this.

The president sketched his vision of an America that gets 80 percent of its electricity from an array of clean energy sources. These include windmills, solar fields, electric cars, rainbows and unicorns.

But not oil. Obama said he intends to reduce U.S. oil imports by one-third over the next 10 years. That means America's imported oil supply will drop from 13 million barrels a day to 9 million barrels a day.

Sure, the president said, we will increase domestic oil production a tad, but that won't make up for the country's ever increasing oil demand.

"We can't just drill our way out of the problem," he said.

According the Department of Energy, gasoline averages $3.70 a gallon. This means, according to the EPA, the average American household will pay an extra $700 for gas this year over last.

Not that Obama sees this as a bad thing.

After all, he chose Steven Chu as his secretary of energy. In 2008, Chu said (and he reiterated last month) that to coerce Americans into smaller cars: "Somehow we have to figure out how to boost the price of gasoline to the levels in Europe."

Europe pays $10 a gallon.

A $200 fill-up? The Obama "recovery" continues.

Home heating oil prices will follow gasoline.

Even without diminishing imports, heating oil costs rose a buck a gallon over last year. This means swallowing a $600 to $1,000 nut for those who keep warm with it in Bucks County.

A $10,000 oil bill? The Obama "recovery" continues.

Then there's the price of electricity, which will probably be worse than gasoline and heating oil combined.

State rate caps expired in January, sending PECO's average residential bill up 5 percent, or about $5 a month. But you ain't seen nothing yet.

Half of the country's electricity is generated by burning coal, an energy source Obama does not like.

He alluded to this on Wednesday, when he said that, even though America is "the Saudi Arabia of coal," the
coal we produce is not clean, at least not clean enough for him.

Burning it contributes to "changing weather patterns," he said. In other words, "climate change."

Though it has not been widely reported, the Obama administration is quietly throttling the American coal industry. Since 2009, the EPA has sat on 79 mine applications. The agency claims that more time is needed to review them.

As electricity demands outpace the coal needed to fire up the nation's generating plants, electricity bills will leap.

This is not a surprise, is it? Obama, who favors capping greenhouse gases, told the San Francisco Chronicle in 2008:

"Under my plan of a cap and trade system, electricity rates would necessarily skyrocket, regardless of what I say about whether coal is good or bad. Because I'm capping greenhouse gases - coal-powered plants, natural gas, you name it - whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money. They will pass that cost on to consumers."

The Obama recovery continues.



simon_says
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13 Apr 2011, 8:48 am

Gas hit $4 under Bush as well.

The rest is just whining without solutions. Next.



cdfox7
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13 Apr 2011, 9:06 am

Just out of curiosity what addiction is Obama recovering from? Is it an energy addiction, or a substance problem?



iamnotaparakeet
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13 Apr 2011, 9:32 am

cdfox7 wrote:
Just out of curiosity what addiction is Obama recovering from? Is it an energy addiction, or a substance problem?


With the quality of "solutions" the guy is inventing to solve artificial problems, it would seem more likely the latter. But alas, he is sober and therefore cannot use drug abuse as an excuse.



zer0netgain
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13 Apr 2011, 9:34 am

To be fair, the president does not set oil prices.

However, the president can implement energy policy and act (fail to act) in international matters which will impact oil prices.

The garbage in the middle east (going downhill fast with Obama's blessing) is THE major factor in why oil prices are going up.



ruveyn
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13 Apr 2011, 9:45 am

simon_says wrote:
Gas hit $4 under Bush as well.

The rest is just whining without solutions. Next.


Very briefly. It was down to $2.50 a gallon within a month.

ruveyn



cdfox7
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13 Apr 2011, 9:48 am

iamnotaparakeet wrote:
cdfox7 wrote:
Just out of curiosity what addiction is Obama recovering from? Is it an energy addiction, or a substance problem?


With the quality of "solutions" the guy is inventing to solve artificial problems, it would seem more likely the latter. But alas, he is sober and therefore cannot use drug abuse as an excuse.


If the substance is drugs then its fair to say that I agree with on Obama's soberness. However, if the substance in question is oil then its open for debate.



pandabear
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13 Apr 2011, 10:45 am

I bought a hybrid car recently (Lexus RX450h). Definitely a good choice.

Honestly, some of you might give some consideration to taking an economics class some day. Demand for gasoline is tight and relatively fixed (or "inelastic") in the short run. So, of course, prices are going to be quite volatile as various factors affect supply, international demand, etc. As more and more people in countries like India and China adopt American-style suburban lifestyles, with their SUVs, then that will also put upward pressure on the price of gasoline.

The best solution is simply to let prices rise and fall as they will, and let the market sort out better alternatives. Possibly with some help from the government to wean us away from fossil fuels.



Inuyasha
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13 Apr 2011, 10:59 am

ruveyn wrote:
simon_says wrote:
Gas hit $4 under Bush as well.

The rest is just whining without solutions. Next.


Very briefly. It was down to $2.50 a gallon within a month.

ruveyn


Further difference is Obama is quoted as wanting energy prices to skyrocket, so he wants energy costs to go through the roof.



pandabear
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13 Apr 2011, 11:04 am

You guys are just plain ridiculous.



Inuyasha
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13 Apr 2011, 11:13 am

pandabear wrote:
You guys are just plain ridiculous.


[youtube]http://www.youtube.com/watch?v=HlTxGHn4sH4[/youtube]

You were saying?



pandabear
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13 Apr 2011, 11:20 am

Yes, you are just plain ridiculous.

All that you know about anything is "Republicans good, angels, heros. Democrats bad, demons, devils." There really isn't anything more to you than that.



Inuyasha
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13 Apr 2011, 11:24 am

pandabear wrote:
Yes, you are just plain ridiculous.


I'm not the one sticking my head in the ground.

pandabear wrote:
All that you know about anything is "Republicans good, angels, heros. Democrats bad, demons, devils." There really isn't anything more to you than that.


I'm not saying Republicans are angels, I'm saying that they are the only major political party in the US that is displaying signs of rational thought at the moment. The Republicans actually have demonstrated that their heads aren't stuck up their hindquarters like the Democrats are.



pandabear
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13 Apr 2011, 11:28 am

Inuyasha wrote:
pandabear wrote:
Yes, you are just plain ridiculous.


I'm not the one sticking my head in the ground.

pandabear wrote:
All that you know about anything is "Republicans good, angels, heros. Democrats bad, demons, devils." There really isn't anything more to you than that.


I'm not saying Republicans are angels, I'm saying that they are the only major political party in the US that is displaying signs of rational thought at the moment. The Republicans actually have demonstrated that their heads aren't stuck up their hindquarters like the Democrats are.


:roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll:

You're the one who is not showing even an iota of rational thought. You don't even have the slightest idea what "rational thought" entails. For you, vilifying "Liberals" and praising "Republicans" is all the "rational thought" that could possibly exist.

God, but you're a damned idiot.



Inuyasha
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13 Apr 2011, 11:36 am

pandabear wrote:
Inuyasha wrote:
pandabear wrote:
Yes, you are just plain ridiculous.


I'm not the one sticking my head in the ground.

pandabear wrote:
All that you know about anything is "Republicans good, angels, heros. Democrats bad, demons, devils." There really isn't anything more to you than that.


I'm not saying Republicans are angels, I'm saying that they are the only major political party in the US that is displaying signs of rational thought at the moment. The Republicans actually have demonstrated that their heads aren't stuck up their hindquarters like the Democrats are.


:roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll:

You're the one who is not showing even an iota of rational thought. You don't even have the slightest idea what "rational thought" entails. For you, vilifying "Liberals" and praising "Republicans" is all the "rational thought" that could possibly exist.


Whatever, I just go with the facts and then make my own conclusions. Can't help it that the facts support Republicans not Democrats.

pandabear wrote:
God, but you're a damned idiot.


Whatever, your mother really needs to wash your mouth out with soap.

@ Everyone else

Here is the video again:
[youtube]http://www.youtube.com/watch?v=HlTxGHn4sH4[/youtube]



pandabear
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13 Apr 2011, 12:09 pm

:roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll:

Yes. I watched the video.

"Cap and Trade" is proving to be a difficult program to sell, particularly given that very few people know anything at all about economics. Environmentalists criticize it for allowing big companies to pollute. Others criticize it because they think that industries won't be able to pollute as much as they should. It is actually a more "Conservative" than "Liberal" approach, given that it establishes a free market for pollution.

But, no. The damned idiots who listen to Rush Limbaugh don't feel that they need to know anything other than this approach is being promoted by President Obama, and that it is, therefore, by definition, an evil, wicked, nasty and "liberal" idea that will only bring us closer to Satanism.

:roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: :roll: