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To: Steelfish

Good post. I never got the $2.50/gal pitch. What was Newtie thinking with this? That big government would set the price of gas? WTF?!! Sounds like muslimcare (obamacare) to me.


175 posted on 03/10/2012 11:19:26 PM PST by 3boysdad (The very elect.)
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To: 3boysdad
Not much for rational thought, are you?

Think, for a minute, on what the Presidency can do on the issue.

It can reopen US offshore territory for oil drilling (like all the oil fields shut down by Obama in the gulf... plus the oil fields off the coasts of Florida and California).

It can approve the Keystone oil pipeline. It can open ANWAR to drilling. It can direct the EPA to auto approve any drilling, pipeline, or refinery construction permits.

It can threaten to withhold Depertment-level funding for any state that files lawsuits to stop this.

Now, with all that, there will be a large increase in oil supplies worldwide, pushing prices downward. Additionally, with an excess supply, any threats originating from Iran will have less effect, as there will be a buffer in the world's supply chain.

Which then leads to lower prices.

Additionally, the President can direct the Treasury department and the head of the Federal Reserve to place a strong dollar as their paramount concern... which would end our massive dumping of dollars into the world market (making it buy less and less).

Which would then mean that imports (and any commodity, like oil, as well) will be cheaper due to a stronger dollar.

Combine all that... and it's pretty reasonable to figure $2.50/gallon for a good ball-park figure for gasoline.

And all that would not require any approve from Congress.

Which is why I threw out the barb about your incapacity for rational thought. As this was all just a simple exercise in it.

197 posted on 03/11/2012 12:22:29 AM PST by gogogodzilla (Live free or die!)
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