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Santelli: $4 Gas, $150 Oil Coming This Summer
NewsBusters ^ | April 5, 2010 | Jeff Poor

Posted on 04/05/2010 2:14:05 PM PDT by Rufus2007

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The non-inflationary hurt put on consumers by low interest rates...
1 posted on 04/05/2010 2:14:05 PM PDT by Rufus2007
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To: Rufus2007
Mr Tea Party strikes again. We'll see if he is right a second time or not.
2 posted on 04/05/2010 2:16:14 PM PDT by SmokingJoe
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To: Rufus2007

I’d be willing to endure that if it would implode the Obama Regime once and for all


3 posted on 04/05/2010 2:17:00 PM PDT by Buckeye McFrog
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To: Rufus2007

So why is getting off foreign oil such a problem? Oil companies own the legislature?


4 posted on 04/05/2010 2:19:23 PM PDT by ex-snook ("Above all things, truth beareth away the victory.")
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To: Buckeye McFrog

Nope. The basis for C&T is being laid, high prices will help “green” power making it more cost effective and the EPA will dominate our lives.

It’ll somehow turn to out to be Dubya’s fault.


5 posted on 04/05/2010 2:20:28 PM PDT by swarthyguy (Join ACFANS - Alleged Conservatives For A Nanny State. www.acfans.com (Ha!)
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To: Rufus2007

It’s Cheney and Haliburton I tell you!!


6 posted on 04/05/2010 2:21:47 PM PDT by Obadiah (ObamaCare = VA hospitals for everyone)
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To: ex-snook
George Soros is using $2-10Billion of US TAXPAYER DOLLARS to drill for oil off the coast of Brazil. We're not getting the oil. I don't know what we get out of this deal. But we're financing it.

I doubt that Soros wants US competition when he sells this oil--not having our own sources of oil might hurt Soros' bottom line.

7 posted on 04/05/2010 2:24:27 PM PDT by Mamzelle (Employers--lay off Obama voters first)
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To: Rufus2007
$4 is an optimistic estimate. Already at $3.57 in California. I give it a month before it is at $4.00 and predict close to $6.00 by summer.
8 posted on 04/05/2010 2:25:10 PM PDT by gunsequalfreedom
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To: Rufus2007

Part of brocko’s motivation for saying, “Hey, I’ve got an idea; let’s drill”, was to go for the same effect “W” got when he lifted the moratorium when oil hit $147 and gas was $4.25 at the pump: the short-covering caused a price avalanche that brought oil down to $28 and unleaded down to $1.09. It ain’t gonna work. Anybody who is shrewd enough to be trading oil futures knows that brocko has no intention of drilling anywhere, anytime soon.
His other motive, of course, was to be able to say, disingenuously, that he is a centrist, and Republicans should vote with his idiotic global climate change fiasco.
He now has such a track record as a blowhard liar that none of his JUST WORDS... JUST SPEECHES... BS is resonating with anyone any more.


9 posted on 04/05/2010 2:26:37 PM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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To: swarthyguy
The basis for C&T is being laid...

Exactly. Along with 0bama's recent talk about "considering possible sites" for domestic offshore drilling. It's all part of the plan.

10 posted on 04/05/2010 2:28:27 PM PDT by Bloody Sam Roberts (An armed man is a citizen. An unarmed man is a subject.)
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To: gunsequalfreedom
I've been hearing $5, so if gas “only” goes to $4 I guess Obama will claim if it wasn't for his policies it would be worse.

And of course it's only a matter of time before any rise in gas prices will be reported by the MSM as “Gas Prices Unexpectedly rise...”

11 posted on 04/05/2010 2:28:32 PM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: qam1

Gas prices unexpectedly rise, just like the Arizona weather casters are always shocked when it gets over 110 for more than a week. This same stuff happens every summer.


12 posted on 04/05/2010 2:30:21 PM PDT by HungarianGypsy
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To: Buckeye McFrog; All
I’d be willing to endure that if it would implode the Obama Regime once and for all...

I swear this is true. About 7 months ago, as prices started CREEPING up, I saw a local "news" reporter stand in front of a gas station, talk about the RISING gas prices, and say, "This is good news for the economy, because it shows increased demand--and that means consumers are starting to spend again..."

I wanted to throw an ashtray through my big screen tv....this from the same "journalists" who ripped Bush everytime the average weekly price went up a penny.

The LameStream Media is on their knees for Hussein: national and local.

13 posted on 04/05/2010 2:37:33 PM PDT by Recovering_Democrat
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To: Rufus2007

The only one I trust on CNBC is Santelli. The rest are the official political mouthpiece of their NBC bosses and their opinions are worthless.


14 posted on 04/05/2010 2:48:29 PM PDT by Proud_USA_Republican ("The problem with socialism is that you eventually run out of other people's money.")
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To: Rufus2007

15 posted on 04/05/2010 2:55:01 PM PDT by traumer
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To: Rufus2007
A 65'-69' Corvair Converted to run on Propane is sounding better every day. No anti-freeze and a cheaper fuel. Synthetic oil and HEI might make it run even better.
16 posted on 04/05/2010 2:56:27 PM PDT by taildragger (Palin/Mulally 2012)
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To: Rufus2007

anyone else remember the endless “Pain at the Pump” stories when gas his $1.99 under Bush?


17 posted on 04/05/2010 3:05:14 PM PDT by MNDude (The Republican Congress Economy--1995-2007)
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To: traumer

What kind of car is that?


18 posted on 04/05/2010 3:07:29 PM PDT by tbw2 (Freeper sci-fi - "Humanity's Edge" - on amazon.com)
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To: Rufus2007

I am in agreement that Obama laid the seeds for high inflation in all commodities, including oil, when he passed the stimulus package and now the healthcare package.

With regard to oil my concern is that high oil prices give Obama a rationale for a Windfall Profits Tax and a Cap and Trade Tax.

Both of these taxes on top of healthcare taxes are the death knell for USA capitalism.

Now, more than ever, we need to stop Obama in the Senate.


19 posted on 04/05/2010 3:10:36 PM PDT by Presbyterian Reporter
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To: taildragger
I'll be doing as much travel on my motorcycles as possible. The 4x4 vehicles will be run just enough to keep them operational until needed for foul weather or grocery shopping.
20 posted on 04/05/2010 3:13:31 PM PDT by Myrddin
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