WN: Gasoline up 100% under Obama - Washington Times

[Matthitjah]

Naw! Obama has absolutely nothing whatsoever to do with rising gasoline prices.

I love it when irony and the truth presses in on the Leftist ideology and smacks it in the face with reality.

Here's Obama stating that the rise in Gas prices is deliberate as we transition to something strange and illusory thing called "Clean Energy."

http://finance.yahoo.com/news/Obama-says-little-shortterm-apf-1680912387.html?x=0&.v=4

Like folks have been saying in this thread. Obama is engineering the rise in the price of Gasoline and carbon based fuels with a purpose.

[MorningGlory]

OR.....it could be none of the above. There is NO shortage of oil! It's not Bush's fault, Obama's fault or even the Saudis' fault. The big oil companies are investing their record profits everywhere but here in the U.S. That's why we have this problem......

http://www.bloggings...last-two-years/

As bad as I would love to, I really can't fault the oil companies. They are compainies, not charities. Their profits are huge but their margins are quite small compared to most other fortune 500 companies. I fault the government. If they would lax the enviornmental requirements for new refineries, new oil companies could start up and we could see a true competitive market.

I work in the oil business here in Houston for one of the biggest companies in the world. Believe me, the major oil companies are not investing here because they can get cheap labor and avoid taxes by investing in South America. The leases are available....Big Oil is not pursuing very many of them. Again, it's not about a shortage of oil; it's about infrastructure. And Big Oil bought out the smaller companies over the past decade for their own purposes. They continue to swallow up the competition.....my company just bought another major competitor. As for the environmental standards, do you really want the kind of mickey mouse engineering the Chinese or the Brazilians allow in OUR cities?

[hr.jr.]

OR.....it could be none of the above. There is NO shortage of oil! It's not Bush's fault, Obama's fault or even the Saudis' fault. The big oil companies are investing their record profits everywhere but here in the U.S. That's why we have this problem......

http://www.bloggings...last-two-years/

As bad as I would love to, I really can't fault the oil companies. They are compainies, not charities. Their profits are huge but their margins are quite small compared to most other fortune 500 companies. I fault the government. If they would lax the enviornmental requirements for new refineries, new oil companies could start up and we could see a true competitive market.

I work in the oil business here in Houston for one of the biggest companies in the world. Believe me, the major oil companies are not investing here because they can get cheap labor and avoid taxes by investing in South America. The leases are available....Big Oil is not pursuing very many of them. Again, it's not about a shortage of oil; it's about infrastructure. And Big Oil bought out the smaller companies over the past decade for their own purposes. They continue to swallow up the competition.....my company just bought another major competitor. As for the environmental standards, do you really want the kind of mickey mouse engineering the Chinese or the Brazilians allow in OUR cities?

The oil companies are just being typical companies. They are an example of the dark side of free enterprise. They are not the only companies doing this. Most of the major companies are investing in China, India, etc. etc.

I do not want Mickey Mouse refineries, but we have to have new ones built. Or Capacity is the same it was in the late 70's.