They are trying to lower prices to shut up the conservatives who are clamoring for more drilling in order to become independent of the muslim pigs. It seems to run in cycles whenever oil hits a “breaking point” for the American drivers.
Newsflash. I think they have done it already. Prices started dropping when Obama’s ratings started dropped. His Muslim buddies in the Middle East want to make sure their fellow co-religionist gets re-elected.
I hope the mess in Syria blows up in their faces or the Israelis decide to take out the Iranian Nuclear facilities.
THAT would send prices up again - even higher and destablize them enough it will really hurt him and his arab friends.
There’s a couple of problems with this scenario.
1) If war breaks out in Syria, oil prices will jump up again and gasoline prices will follow regardless how generous the Saudis are. Any serious tensions in Egypt will do the same.
2) $4/gal gasoline was the tipping point. Most of America is below that and headed downward while Obama’s poll numbers are still tanking. If gas drops between $2 and $3/gal, will it improve his numbers that much?
3) Europe is still the big question. If that blows up, the price of gas here will not be all that relevant.
All that said, I hope he does have a deal like that because the more oil drops the better for the U.S. economy, the better for an economic rebound and the better for job growth however I don’t think it will happen fast enough to rescue Obama.
It will also kill more expensive “green energy” projects the more gasoline is cheap and available.
I’m very skeptical that such a deal could save Obama at this point. By August, the economic realities of the campaign will be cemented.
And why would the Saudis want Obama re-elected? Because the quid pro quo would be an end to domestic fracking. Of course then ND would turn into Wyatt’s Torch.
Trump is going to prove to be a hindrance to Romney more than a help. On this issue, he needs to produce some form of evidence or STFU.
As in the past, I have major doubts about Trumps intentions anyway. I don’t trust that obnoxious blowhard.
Good. Lower prices for us and then we vote him out.
Let the “Transparency” unfold....I just love this.
Well, if it’s a long, hot summer, he’ll need to strike some deals with coal companies and give out all sorts of waivers.
Remember... He WANTS electricity prices to rise drastically. It’ll be hard to blame Bush for that...
Mark