Remember 2016 When Gas Was Under $2 Per Gallon?

[Baldy]

Yeah, lemme know the day when I can power my car with a windmill.

Finish the Keystone XL, open up ANWR, and fire up the coal plants.

That would be today for your Tersla.

Tersla

genusdawg strikes again.

[ASUG8]

Under $2/gal? I haven't seen that this year. The closest I've seen is one of our local ARCOs at $2.15. There are still places where gas is over $3/gal....

$1.89 two weeks ago, $2.03 right now. My truck loves it.


Thanks Obama!

I guess they don't cover economics in the genius edition.

The president ultimately has little influence over gas prices. The only power Obama really has is to raise or lower domestic production on public land, but even that is nary a blip in the complex global oil marketplace. It's shale development on private land that has largely helped production boom at home.

The other side of the equation—global demand—also is out of the White House's hands. When OPEC refuses to cut production even in light of flagging demand, there's an oversupply that keeps prices down, but it has little to do with any U.S. action.

http://www.theatlantic.com/politics/arc ... es/384792/

[Grizalltheway]

$1.89 two weeks ago, $2.03 right now. My truck loves it.


Thanks Obama!

I guess they don't cover economics in the genius edition.

The president ultimately has little influence over gas prices. The only power Obama really has is to raise or lower domestic production on public land, but even that is nary a blip in the complex global oil marketplace. It's shale development on private land that has largely helped production boom at home.

The other side of the equation—global demand—also is out of the White House's hands. When OPEC refuses to cut production even in light of flagging demand, there's an oversupply that keeps prices down, but it has little to do with any U.S. action.

http://www.theatlantic.com/politics/arc ... es/384792/

So the conk hand-wringing about Obama hampering the oil industry for the past 8 years has been for naught, huh?

[CAA Flagship]

I guess they don't cover economics in the genius edition.



http://www.theatlantic.com/politics/arc ... es/384792/

So the conk hand-wringing about Obama hampering the oil industry for the past 8 years has been for naught, huh?

Who? What? Where?

[ASUG8]

I guess they don't cover economics in the genius edition.



http://www.theatlantic.com/politics/arc ... es/384792/

So the conk hand-wringing about Obama hampering the oil industry for the past 8 years has been for naught, huh?

The more self sufficient we can become and not in bed with the Saudis the better. Here's a quote from the Clinton News Network.

A combination of new technology, primarily fracking, has unlocked oil that was previously out of reach of drillers. That, coupled with high oil prices during much of his term has encouraged investment in the oil exploration, experts say.
The administration has been a bystander during the oil boom, neither encouraging nor discouraging it, they say.
"You can't credit or blame the president [for the oil boom]," said Tom Kloza, chief oil analyst with the Oil Price Information Service. "It's been the twin pillars of price and technology. It's capitalism at work."

http://money.cnn.com/2015/01/28/news/ec ... -oil-boom/

[Grizalltheway]

So the conk hand-wringing about Obama hampering the oil industry for the past 8 years has been for naught, huh?

Who? What? Where?

You don't even have to look farther than this thread, Curly.

http://www.championshipsubdivision.com/ ... 9#p1097333

[houndawg]

$1.89 two weeks ago, $2.03 right now. My truck loves it.


Thanks Obama!

I guess they don't cover economics in the genius edition.

The president ultimately has little influence over gas prices. The only power Obama really has is to raise or lower domestic production on public land, but even that is nary a blip in the complex global oil marketplace. It's shale development on private land that has largely helped production boom at home.

The other side of the equation—global demand—also is out of the White House's hands. When OPEC refuses to cut production even in light of flagging demand, there's an oversupply that keeps prices down, but it has little to do with any U.S. action.

http://www.theatlantic.com/politics/arc ... es/384792/

Pat your bagina dry and change your panty shield and don't be so bitchy. If gas were $4/gal you'd be sniveling about Obama in Technicolor.

[houndawg]

That would be today for your Tersla.

Tersla

genusdawg strikes again.

I got it right. The thing hardly ever says a word.

[Baldy]

Who? What? Where?

You don't even have to look farther than this thread, Curly.

http://www.championshipsubdivision.com/ ... 9#p1097333

[ASUG8]

I guess they don't cover economics in the genius edition.



http://www.theatlantic.com/politics/arc ... es/384792/

Pat your bagina dry and change your panty shield and don't be so bitchy. If gas were $4/gal you'd be sniveling about Obama in Technicolor.

Nah, I'd be blaming Bush for all the world's ills like we got to listen to for 4 years.

[Skjellyfetti]

I guess they don't cover economics in the genius edition.

The president ultimately has little influence over gas prices. The only power Obama really has is to raise or lower domestic production on public land, but even that is nary a blip in the complex global oil marketplace. It's shale development on private land that has largely helped production boom at home.

The other side of the equation—global demand—also is out of the White House's hands. When OPEC refuses to cut production even in light of flagging demand, there's an oversupply that keeps prices down, but it has little to do with any U.S. action.

http://www.theatlantic.com/politics/arc ... es/384792/

Even though gas prices are going right through the roof, I have no doubt in my mind that President Obama made deal with the Saudis to flood the markets with oil before the election so he could at least keep it down a little bit. After the election, it is going to be a mess. You're going to see numbers like you've never seen. If he wins. So, remember I said it: If he wins... oil and gas through the roof. Like never before. I believe a deal was made. It's a sinister deal.

[mrklean]

Thanks President Obama

[GannonFan]

I guess they don't cover economics in the genius edition.



http://www.theatlantic.com/politics/arc ... es/384792/

So the conk hand-wringing about Obama hampering the oil industry for the past 8 years has been for naught, huh?

It's hard to tell with Obama and fracking. Did he really want to stymie fracking and just was unable to (i.e the oil industry beat him) or did he purposely try not to win in his fight to stop fracking because he knew it to be the easiest and fastest way to energy independence? Either way, it's good that Obama was able to/didn't want to stop fracking. Thank you Fracking.

[andy7171]

I'm not sure you understand the article.

Electricity Production
Coal = 33%
Natural gas = 33%
Nuclear = 20%
Hydropower = 6%
Other renewables = 7%
Biomass = 1.6%
Geothermal = 0.4%
Solar = 0.6%
Wind = 4.7%
Petroleum = 1%
Other gases = <1%

Geothermal generates electricity? I'm not familiar with that.

I'm not so sure you saw the 0.4% following it either. Pretty sure the entire country can run off Old Faithful, but NNNNNOOOOOOOOOOO. It's in the middle of a beloved National Park!