Can someone please photoshop the above to read
"FAIL AT ALL THINGS" ?
Cheers!
Posted on 07/18/2011 5:11:27 PM PDT by jazusamo
Siphoning oil from strategic reserve fails to cut prices
The results are in from President Obama’s controversial decision last month to tap into the nation’s oil reserves to drive down gas prices: none. Like his futile efforts to revive the moribund U.S. economy by spending $1 trillion in borrowed money, the president’s release of 30 million barrels from the nation’s Strategic Petroleum Reserve produced nothing more than a brief pause in the steady rise in prices at the pump. Nearly three years into an energy policy designed to hector Americans into accepting pointless “green” alternatives, the president seems to have finally acknowledged his chances of being re-elected go down as gas prices go up.
Prior to the June 23 dip into the reserves, oil stood at around $93 a barrel. The price dropped more than $4 a barrel after the announcement but bounced back up to the same level within five days and ended last week above $97. Likewise, gasoline stood at $3.63 a gallon before the president’s move and subsequently fell to a low of $3.54 on June 30 before climbing steadily upward to $3.67.
The International Energy Agency did its best to help Mr. Obama, releasing 30 million barrels of its own. Though that may sound like a lot, it’s little more than a drop in the global oil bucket. Such moves have no lasting impact because oil traders are looking at the big picture. There isn’t enough supply to meet the world’s demand. Even if consumption has softened in the United States and Europe due to the persistent economic slowdown, the thirst for crude in places like China and India is growing.
(Excerpt) Read more at washingtontimes.com ...
Soooo, he is emptying strategic reserves, soooo when US gets attacked, or needs to go to war, there will be PRIUSES left to go 30 miles, while tanks and planes will be “safe”.
What’s next, left to screw?
Obastard skipped Econ 101 in favor of Marxists principles 101, United States Hating 102 (by Bill Ayers), and Economy Destruction 201 (Cloward and Pivens).
That would also be the same mamma that was "denied treatment for ovarian cancer by her insurance company"
I really don't think Obama is an evil carnate of lucifer, he's way too stupid for that. The devil has higher standards than what passes off as a president these days.
Like his futile efforts to revive the moribund U.S. economy by spending $1 trillion in borrowed money, [Zero]'s release of 30 million barrels from the nation's Strategic Petroleum Reserve produced nothing more than a brief pause in the steady rise in prices at the pump.
Not only did tapping the SPR produce Zero results, the threat of another round of QE by Bernanke has driven the price right back up.
Oh you got that right. Notice how the story of Michelle Bachmann's church was a big deal in the MSM. Notice the deafening silence on the recent rise in gasoline. The MSM is doing its level best to carry water just like in '08. Debt limit stalemate.... Blame the GOP, never mind that the Dear Reader's budget was so ridiculous that even libs in the Senate shot it down.
Yup, it's going to be a nasty campaign and whoever the GOP nominee is had better be wearing asbestos shorts because the kenyan punk can't run on his record so it'll be a campaign of fear with the race card being dealt from the bottom of the deck.
Hey, Dick Obama, you did it backward. Repeat after me -- "Sell high, buy low."
I wonder if Timmy Geithner knows that.
Jimmy Carter’s looking better and better. Every step Obama takes he puts his foot in more dog poo.
Don’t worry Barak, CBS and NBC will always still love you.
Can someone please photoshop the above to read
"FAIL AT ALL THINGS" ?
Cheers!
If I had the skill I’d do it, grey_whiskers, but I don’t, maybe someone else can help.
Gas is now getting to 4 dollars a gallon.
Just heard it reported today that gasoline prices will rise until Columbus Day.
Maybe Zer0 won’t be happy until the playing field is equal and we have $10/gallon gas like Europe has. Of course, such an idea is another case of a fantasy without regard to the consequences. Just like he may choke on whatever he is smoking.
Obama WANTS $10.00 so tah people will want high speed rail!!!
Drill here - Drill NOW!
Drill Baby Drill.
Remember, Citizen...
nobama hates you, hates your family, hates Free America, hates Americans, hates the Constitution and hates the Bill of Rights. nobama is a hate crime foisted upon America. nobama is the Destroyer.
God help us all.
Wonder what the government spent the money on?
At that point we won't be able to afford building them high speed rail. Obama fails again.
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