Posted on 02/26/2012 5:17:15 AM PST by Kaslin
There. Fixed it.
Pelosie is wrong; it’s not speculators who are driving up the cost of oil, it’s evil spirits or gremlins. I know this is so because my cat told me so.
Leftist generally and Bill O’Reilly in particular lack the brains to understand the vital role played by speculators in all realms of a working economy. They are the mechanism by which demand and supply can anticipate and inform each other.
Who defines the regulatory environment for gas and oil production and distribution? Hint: government.
Which country has the greatest energy resources on earth? Hint: It is in North America and it IS NOT Canada or Mexico.
Which country's regulatory environment (read government, see above) is not allowing private companies to search for, produce, import, refine and sell energy products, specifically oil, at will? No hints. If you haven't gotten it by now, you don't belong on Free Republic.
The price of oil is at the doorstep — 4 dollars plus per gallon for oil, is attributed to two oil men in the White House, Pelosi said in a CNN interview on July 17th, 2008.
Pelosi sees an opportunity to expand government. I am sure she is not the only one in Washington to see this. National Socialism takes another step forward each day.
It has gotten to a point where anything Pelosi says about anything is disregarded.
If there is money in speculation I would bet Pelosi has a monetary interest in it as well.
It is funny to hear a rich woman like Pelosi knocking someone else for being rich.
Nancy Pelosi is always cartoonish. It’s hard to imagine what people are like who would vote for someone like that.
Forget Pelosi, she’s not the issue. DOE IS.
That’s a good list of cuts and restructuring. As you doubtless know, most of what DOE does is “spread the wealth around”, providing grants for R&D and all kinds of things to cronies and universities. Having worked on such projects I’ve seen firsthand what the ratio of waste vs. actual productivity is. Virtually NONE of this work would have ever been done had it been necessary for companies to write the check themselves to pay for it, and virtually NONE of it ever led to commercial success.
But ALL of it created more dependency on the DoE for continuing the handouts. You may as well call it “food stamps for PhDs”...
Yep - the more copious and stable the supply, the less effect the "evil" speculators have as they "work hand-in-hand with the evil oil companies to screw us".
Whatever noble intents there were for creating the DOE, these have been overshadowed by corruption to the point of this Department being unredeemable. And, to think that Pelosi was in such a powerful position as Speaker of the House and two heartbeats away from the Presidency!
You are a speculator every time you fill your tank in anticipation of higher prices tomorrow. They vilify anybody in the distribution system as a speculator when in fact no speculator is big enough to move the market, the market moves the market.
Pray for America
You are correct the real culprit is the government with their regulations, especially on the the different blends of as. I remember when I bought my car in 2006 it took quite a while before the gauge went down to the next. Now it only takes about 3 trips, of about 4 miles I don't drive my car much. Everyone knows that we have the greatest energy source but the environmental idiots and the rats want to keep us dependent on foreign oil.
I noticed you have attacked several Freepers and say they don't belong on FR. I got some news for you. My signup date shows Apr 26, 2000, but my original signup date was April 18, 1998 years earlier. It was exactly on the day of the big Rally in DC. I had unfortunately not saved my password. So when I changed my Internet provider my password could not be retrieved because my previous email address did not work anymore. I chose a different name, which btw are the last 3 initials of my maiden name and the last 3 initials of my last name.
Your signup date was 04/04/1999
you write: Its hard to imagine what people are like who would vote for someone like that (pelosi).
Dude, ever been to San Francisco? http://www.flickr.com/photos/agrinberg/3674783086/
That’s ironic, considering the Democrats told us there were gas shortages in the 70s. Remember? The world’s oil supply was running out...
I thought that was why we waited on line to fill the tank for a half hour.
Poor Queen Nancy....since losing the house gavel, she has gone over the deep end....of course she was always on the edge of the cliff before...but the rush of power keep her on the razor edge of sane
As of late she has said some really bizarre things...
Me thinks she needs to be institutionalized...
“I believe speculators are responsible in some way driving up the price of oil”
Goldman-Sach’s (Owners Of Obama) was calling for $148 Oil back in December, by June.
Speculators have NOTHING to do with gas prices, this time. It’s the debasement of the currency, especially against Oil-based currencies like the Canadian Dollar, thanks to Obama’s ridiculous policies.
$1 Canadian now equals $1.001 US Dollars.
In 2008, it was around $.79 US Dollars.
We get around 24% of ALL of our oil from Canada.
But hey, as long as the Ponzi Scheme lasts past the Novenber election, its all good. Right? It’s not like the Democrats are using THEIR money to buy votes with, after all.
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