The GOP congress needs to make a visit out to Washington state and be photographed showing the American people the new port built to ship US coal to China
And this is a surprise to who? Captain obvious needs to have his beeber stuned. Barry himself was happy the gas prices went up in the Bush years. He wanted to have the gas prices go back up "but not as fast". Well, it seems he got his wish. Not just a dork, but a dangerous dork. This is a bigger security issue than the sale of carrots at McDonalds.
“Hello. I’m Barack Obama. And I’m here to help.”
Well, I guess Marine One and Air Farce One use compost for fuel.
One year nine 10 months and 27 days till election day 2012!
When gas went over $4/gal in 2008, Obama, when asked, said he didn’t have a problem with that price, although he would have preferred that we got there more slowly.
The American economy is under attack.
There is a deliberate attempt to bankrupt America and destroy the private sector free market economy.
Oil is the lifeblood of the American economy. This is why oil is demonized.
The man made climate change hoax is all about destroying Capitalism by destroying the oil and coal industry.
If you do not want to believe this, I hope you will be able to comtinue in your disbelief.
If the left succeeds, you eventually will be forced to believe.
If the economy was doing well now and demand was up and rising, just think what the price of oil would be. And the price of gasoline per gallon.
We must get on the side of the oil producers in this war.
This is being done INTENTIONALLY!!
Have gas price rise, blame the evil oil companies for being greedy, let the media start screeching that WE ‘need’ more government oversight on oil companies and presto!!!...the government starts has an excuse to ‘regulate’(control) oil companies in the name of the common good.
This really is a crime. The US has enough resources to supply all domestic needs. They are not being exploited for purely political reasons.
I WAS certain Obama wanted to destroy America. I was wrong. He wants to destroy the WORLD.
Just one of many similar stories we’ll see in the future:
“Marathon ends contract for Noble’s Jim Day semi
Jan 5, 2011
Paula Dittrick
OGJ Senior Staff Writer
HOUSTON, Jan. 5 — Marathon Oil Co. confirmed it cancelled its contract to lease the Jim Day deepwater semisubmersible from Noble Corp.
The news came more than 2 months after the Obama administration lifted its ban on drilling in the deepwater gulf following the Macondo well blowout. BP PLC operated Macondo.
“We are disappointed by Marathon’s actions,” Noble Chief Executive David W. Williams said. “Fortunately, the Noble Jim Day is one of the most capable rigs in existence, and there are already a number of potential customers interested in a unit of this caliber.”
In December 2010, Noble had said Marathon might terminate the contract if the semi was not ready for work in the gulf by yearend. The semi can drill in 12,000 ft of water.
“Marathon’s stated reason for the termination was that the rig had not been accepted by Marathon by Dec. 31, 2010,” Noble said in a Jan. 3 release. “Noble believes the rig is ready to commence operations and should have been accepted by Marathon.”
Noble also reported that an independent third-party affirmed the rig’s readiness and that the unit’s subsea system, including the blowout preventer, has received its certificate of compliance.
The 4-year contract had a day rate of $515,000, and the day rate could have been as high as $550,000 depending upon cost escalators and revenues outlined in the contract, said John Freeman, an analyst with Raymond James & Associates.
“Moreover, the rig is currently in the Gulf of Mexico, where no deepwater work is being allowed,” Freeman said. “Bottom Line: The rig is now idle and we expect much lower rate as the company tries to secure work.” He suggested the day rate could be $400,000 with at least 3 months of downtime. “
Just like the Bush Tax Cuts, this is going to back Obama into an ideological corner. His heartfelt enviro-extremism is going to at some point run up smack against the reality of rising energy prices that will choke off the recovery and doom his 2012 reelection bid.
I suppose we are about to find out whether he is at all interested in a second term.
Make no mistake, the ultimate goal of leftists is to destroy the internal combustion engine. Their dream is a country with no gasoline-powered autos. Your bicycle or legs will suffice, because you will also be living in a rabbit hutch in a huge megalopolis. The bad thing for leftists like Obama is that most Democrats are not leftists. But hard leftists, like Obama, run the party. However, average Dems (at least the ones I know) do not like high gas prices any more than conservative Republicans. Sooner or later they will connect the dots, and they’ll realize that it wasn’t that nasty George Bush and his oil buddies who will have made driving a car a luxury.
Since President Obama took office in January 2009, the price of oil has rocketed 117%.Hell of a leader huh?.