[Oldeconomybuyer]

Tax, spend, regulate. Repeat.

[randita]

Carter tried to regulate. Remember the even/odd days and gas station lines stretching for blocks.

I hope the republicans draw a clear distinction between free market solutions and government strangleholds.

[rstrahan]

Every contract transfers 35-40 times, with almost every trade involves investment companies. Since relaxing of regulations, we have seen oil jump from $30 per barrel to $140 a barrel, with no real oil shortages. Take speculation out and oil prices will decline. No political agenda here, just an observation from someone who is involved in the industry.

[pieceofthepuzzle]

It's way past time that as a society we demote politicians to their proper place as public servants - not savants. There is such a limited amount of experience and knowledge among the elected. Why would any sane person let them micromanage anything? It just doesn't make sense.

Ask yourself, if you owned a company and were looking for employees, would you actually hire Pelosi? To do what? Would you hire Biden? To do what? Would you hire Obama? To do what? etc. etc.

[NRA1995]

I don’t see anything in there about telling the environmentalists to take a flying leap and doing some serious drilling right here at home.

[rockinqsranch]

Just another Obama Democrat scam to make the Republicans look bad when they fight regulating the oil companies that the Democrats are blaming for the exhorbitant cost of fuel.

Trying to divert the attention from themselves AGAIN.

[ScottinVA]

Ah, yes... regulate the market... because it worked SO WELL when Carter did it.

Yet another election-year “do something” measure that makes the initial problem even more problematic.

[MulberryDraw]

Obama's plan would turn the tables on Republicans...

instead of doing what is right for the country. Here's the bottom line of Mr. Obama's plan.

[LomanBill]

But that's sort of difficult to implement when...

 

"...fraud, you probably think there should be rules against it, I think the market will figure it out."

--Alan "The Wizard" Greenspan - circa 1997

Hos 12:7-9
7 The merchant uses dishonest scales;he loves to defraud.
8 Ephraim boasts,"I am very rich; I have become wealthy.With all my wealth they will not find in me any iniquity or sin."

9 "I am the Lord your God,[who brought you] out of Egypt; I will make you live in tents again,
as in the days of your appointed feasts.
NIV

[LomanBill]

A Republic is a system, of governance characterized by the Rule of LAW.   When the Law fails, the Republic FAILS.  

 

 

"TO SECURE THESE RIGHTS, governments are instituted among men..."

[jersey117]

Why wait for a second term? At this rate, the POS is going to do us in well before that.

[Theoria]

Speculation In Crude Oil Adds $23.39 To The Price Per Barrel

'As Goldman Sachs believes that each million barrels of speculation in the oil futures market adds about 10 cents to the price of a barrel of oil, this means that in theory the speculative premium in oil prices due to speculation is as much as $23.39 a barrel in the price of NYMEX crude oil.

In turn oil analysts believe that every $10 rise in the price of crude oil translates into a 24 cent rise in the price of gasoline at the pump. Using the 24 cent rise in the price of gasoline suggests that each dollar increase in a barrel of oil equals about $.56 per barrel.'