Been to the gas station lately?

Question

Gas prices have more than doubled since George Bush took office -- it's an outrage.

Thanks to the Republican road blocks in Congress, gas prices continued to skyrocket just in time for the holiday travel rush -- ensuring that millions of dollars flowed into the pockets of their Big Oil friends and out of the pockets of America's hardworking families.

Remember the Bush Administration's secret meetings with their Big Oil friends to develop our nation's energy policy? We need to make sure the Halliburton presidency is in the past -- but with more than 60 Democrats sitting in seats that Bush carried in 2004, this November, Republicans will try to turn back the clock.

But 49% of the SANE Americans who didn't vote for good ol' Bushy boy TWICE and I aren't going to let that happen, are we? Hopefully ATLEAST 2 percent of the ignorants will have been converted by then, like I said, hopefully.

Answer 1

Yes I have been to the gas station lately.

Some of the answers are amusing, claiming President Bush has nothing to do with rising oil prices, and those telling you to take econ 101 especially.

Try global econ 101.
The situation in Iraq, and the threatening of Iran are the causes of rising oil prices. As oil prices rise, so does the price of gold.
As gold and oil increases in value, The US dollar devalues.

This is the reason for The President dusting off his ME peace initiative once again. He recognizes the need to reign this instability in before US currency is worthless, and debts are called in.

Answer 2

George Bush has absolutly nothing to do with Gas Price increases. Gas Prices would be just as high with any other President.

There are plenty of legitimate area's where one could critizice the President. Unfortunatly, this isn't one of them

The biggest reason for the increased prices is that demand is up not only domestically but internationally (China and India particularly have more and more drivers daily). Also our capacity (refineries and ability to drill for our own oil) is limited.

Really, gas prices have been historically pretty low. Our Gas prices will continue to rise, regardless of the President untill new technologies that provide an alternative become economically viable.

Right now, gas prises are rising and other fuel sources are being researched so that their prices are comming down (i.e. hydrogen fuel cells for cars). These alternatives are still way mroe expensive, however, at some point, the prices will meet in the middle and then the price of energy will slowly decrease as that technology is perfected. When will this point be? Who knows, but rest assured your prices will go up regardless of the president in power until this happens.



btw, I'm curious what "road blocks" you are talking about. As I pointed out, there is almost nothing that can be done about oil prices in the short term. In fact one of the few attempts to provide some relief in the short term (although not a long term solution) was to drill more of our own oil in places like Alaska. This was generally supported by the Republicans and blocked by Democrats.

If blame must be placed for the situation we are in now with oil, it should be shared by every president (both parties) since the Oil Crisis in the 70's who failed to pour money into researching alternative fuel sources.

Answer 3

Oil is a commodity Einstein, and as such, isn't controlled by government pricing, but by the market. Try wrapping your mind around this. In 20 years, China's oil consumption will eclipse current global production capabilities. That's just China. Throw in India, South America, and the rest of the developing economies and see what you have left to put into your Yugo.

Answer 4

Obviously you need to stay awake in Economics 101.

Gas prices are controlled by market conditions, a.k.a. supply and demand. And if your going to blame anyone, blame the environmentalist wackos who will not allow us to drill for known oil supplies in Alaska (ANWR is nothing more than a frozen desert), the oil shale deposits in Utah, Wyoming, and Montana, not allow any new refineries to be built, or more nuclear power plants.

If you were going to develop an energy policy, would it not make sense to go to someone in the energy business? By the rants in your question, you would probably would go talk to the counter guy at Dunkin' Donuts. Contrary to their ad campaign, my car does NOT run on Dunkin'.

Bush isn't running again, so get over him. He's past history. Do you really think any dumb @$$ liberal is going to do any better? Not gonna happen.

And to comment on another response, the reason gas was at a buck a gallon, it's because we were headed for a Clinton inspired recession, which by the way, W was able to contain and keep it mild.

Answer 5

If I told you Presidential candidate Ron Paul can END high gas prices, would you vote for him?

You see high prices on everything are the result of a depreciating value of unbacked dollars, caused by way too many of them being put into circulation by our friendly Federal Reserve banking system.

Ron Paul, the expert economist, wants to return to a "SOUND" monetary system, run by the Treasury department, and under the control of Congress, and we the people.

Did any Americans reading know there was little or "NO" inflation in the USA for about 130 years under the Constitutionally mandated Gold/Silver monetary system?

Please think about this, and do research if possible.
Thank you.
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Answer 6

You should blame it on Nixon and all lazy politicians who spent without foreseeing the future after him. Everyone of them are responsible for the trade deficits. Bush gave the coup de grace with its ridiculously insane spending, and made the whole world worry about how strong in reality is US economy. How can you be the world leader when your exports can't match your imports for over 30 years ? Look at prices gas when China sell out its US bonds and the worlds reserves convert to other currencies ! Today's prices will sound like a wicked bargain !

Answer 7

The dems are more responsible for gas prices. If it were left up to the republicans, we would be drilling in Alaska.

Answer 8

Haven't been alive very long, have you boy? I have seen gas prices go crazy since the 70's. Get your facts straight, stop blaming everything on the sitting President. That has been done since there was a President. Sounds like you are in that two percent of ignorants. Stay home on election day, it will be safer for the rest of us!

Answer 9

Fact - Gas prices aren't high enough. You know how I know this? The basic economic principle of price theory (demand goes down as price goes up and conversely, price goes down as demand goes down). A good deal of driving is discretionary (meaning people don't have to drive everywhere they do). This means they have the ability to cut back their driving (and demand) if the price gets to be "too high". In fact, people have the ability to reduce their consumption by other simple means, such as driving 55 instead of 85 in a 55 MPH zone, keeping their cars tuned up and keeping their tires properly inflated. But they don't, nobody is doing anything to reduce their consumption, so price theory tells us that the price of gasoline is not high enough. If it weren't for competition among the oil companies the price would run right up to the point that people would cut back their consumption, but thanks to competition, the price has remained below that point. You should be THANKING "Big Oil".

Answer 10

Blaming Bush for gas prices is about on the same scale as the guy claiming the CIA is sending space beams at his head.




Another case of BDS.