[Dacula]

I cannot find any related articles on this report and have seen it throughout the day.

[EdReform]

Ping for your comments

[FreeAtlanta]

I get so sick of the left’s twisted obfuscation to protect the Obamafuscator - n - chief.

I can’t read their tripe any more. What would happen if Supply is decreased? By their logic, gas prices will go down. silly twisted sick.

[Psalm 73]

A statistical analysis of 36 years of....gasoline prices and U.S. domestic oil production by The Associated Press

I'd like to see more than just an analysis by the AP before I drink THAT kool-Aid.

[Curmudgeon2K]

The author is a dimwit. Drilling and prices will be positively correlated any time higher prices elicit more drilling. The price decline will occur with a lag as the results of the drilling come online and increase supply

[SECURE AMERICA]

Here is a fact.\We may have drilled more but we are now shipping more out then we ship in? WHY? How is it economically good to ship oil out and ship oil in? USE WHAT WE GOT..........

[DManA]

What would happen to the price of oil if we stopped pumping baby stop?

[Colonial Warrior]

[DJ Frisat]

"Yet it was during the last few months of Bush's term in 2008 that gas prices hit their highest: $4.27 when adjusted for inflation.

What, specifically, does this mean? Are they saying that it would be $4.27/gallon at today's prices? What a POS way of trying to make the price under Bush seem higher than the price under Obama. Sheesh....

[VideoDoctor]

It’s an article from AP. Enough said.

[allmendream]

In other news: Gravity is not an attractive force. Increased supply doesn't reduce costs. Summer is actually colder than winter. Water isn't wet. Dogs don't bark. 0bama is a competent President. Communism has never really been given a chance to succeed. The moon is made of green cheese.

Yeah. Sure. Great story bro!

[kcvl]

SETH BORENSTEIN

Science Writer at The Associated Press
member at Society of Environmental Journalists

By Seth Borenstein, Raphael Satter and Malcolm Ritter, Dec 12, 2009

“E-mails stolen from climate scientists show they stonewalled skeptics and discussed hiding data — but the messages don’t support claims that the science of global warming was faked, according to an exhaustive review by The Associated Press.”

Press Here

How Will AP's Borenstein Respond to Peter Gleick's Admission That He Stole Documents From Heartland?

Peter Gleick, described in a related UK Guardian story as "a water scientist and president of the Pacific Institute," said last week that he "obtained" documents from the Heartland Institute about its strategy to, in part and in Borenstein's words (from his 1,000-word dispatch), "teach schoolchildren skepticism about global warming." Now, Gleick has admitted that he stole them (Gleick's description: "I solicited and received additional materials directly ... under someone else’s name"). Oops. It get worse for Borenstein and the wire service on at least two levels.

[APatientMan]

“It was a case of drilling more and paying much more. “

And the absurdity of this situation is something to tout, draw conclusions from and establish policy on? Idiots.

Band-aid on top of band-aid. One foolish decision based on another. What a joke. We’re too f’n stupid to deserve this country.

[cookcounty]

Oh, OK, lets just stop drilling then, since it won’t have any negative effects.

China and the rest of the world drive demand now and therefore prices. Also, the dollar is becoming cheapened, which drives gas prices up. The better reason for us to drill here is jobs plus the $$$ we make from exports. If we hadn’t increased production, we’d be paying $6/gallon now.

[SECURE AMERICA]

Here is a fact.\We may have drilled more but we are now shipping more out then we ship in? WHY? How is it economically good to ship oil out and ship oil in? USE WHAT WE GOT..........

[silverleaf]

I remember the July of 2008 when oil reached $147 a barrel and gas reached $4 a gallon

Bush announced he would “drill baby drill” and the price of oil dropped immediately

By August it was $120 a barrel

By September below $100 a barrel

October $70 a barrel and uS gas prices @ $1.99 a gallon

November gas prices @ $1.72 a gallon

Dec oil price collapse below $40 a barrel, gas prices about $1.60 a gallon

Jan 2009: hail to president sutoro

Those were the days, my friend. Dhimmis in power ensured they would surely end.

[ExCTCitizen]

But Obama, who has seen gas prices go up 73 percent since he took office, was singing a different tune last week in his weekly radio address: "The truth is: The price of gas depends on a lot of factors that are often beyond our control. Unrest in the Middle East can tighten global oil supply. Growing nations like China or India adding cars to the road increases demand. But one thing we should control is fraud and manipulation that can cause prices to spike even further."

The Moron in Chief thanks the AP for this 'FACT Check'. We could Drill here and keep it for our (and Canada's use). We don't need to export it to China...China is not a friend!!

[funfan]

“Yet it was during the last few months of Bush’s term in 2008 that gas prices hit their highest: $4.27 when adjusted for inflation.” this last line from the article is BS and why are they adjusting it for inflation so they can make the price look higher at the end of bush’s term.

In June of 2008 the price for regular gas was high
around $4.079 per gallon but then it started going down and 7/28 it was $3.955 per gallon 8/25 it was $3.685 and 9/22 was $3.718 10/ 27 was $2.656, 11/24 it was $1.892 and 12/22/2008 it was $1.653. It has pretty much gone up since 2009 when Obama took office. I guess if we add inflation to Obamas prices it would be 1 trilion dollars per gallon

http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EMM_EPMR_PTE_NUS_DPG&f=W

[kcvl]

Since February 2009, U.S. PRIVATE oil production has increased 15 percent when "seasonally adjusted"

[dila813]

This is genius, even if we stopped drilling for oil globally the oil wouldn’t go up. It is great to have confirmation that oil is the one commodity that doesn’t obey the laws of supply and demand.

[R_Kangel]

.... Suppose we could drill all we want ..... but until we create more refineries ... the output will remain stagnant.