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OIL PRICES! That is why Barack is the better candidate.

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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:13 PM
Original message
OIL PRICES! That is why Barack is the better candidate.
WHat the world needs right now is stability. Out of stability comes lower prices. These nations are far more happy to trade oil at reasonable price while their nations are not under threat. When gas rises everything rises as it raises the pirce of shipping goods to stores. So the world's best hope right now is Barack Obama we need a negotiator not a reactionary.If we don't we are in a whole world of hurt, literally.
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zonmoy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:17 PM
Response to Original message
1. how exactly is he going to make more of a finite nonrenewable resource
the reason gas prices are rising is that we are reaching the end of the era of oil and probably the end of technological civilization.

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pbca Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:19 PM
Response to Original message
2. I fully support Obama
but he can't do much about oil prices. True greater stability will bring the price down some but what's driving it up most is that demand is skyrocketing. Demand is up sharply in India and China absolutely can't get enough at any price. The number of cars in China is 10x what it was 10 years ago and they are brokering exclusive deals throughout Africa and increasingly in South America for more of the stuff. While demand continues to go up, the supply is dwindling. Wells are running dry and new sources are harder to get at , thus more expensive to produce.

According to a UN report Iran will be an oil importing country by 2025. That's the reason they give for needing nuclear.

Gas prices aren't coming down, they will in fact continue to increase. Ending the war with Iraq might bring prices down 10 cents or so, but it won't last and may even go up if Iraq erupts in full scale civil war.
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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:24 PM
Response to Reply #2
4. I don't question it being finite but upsetting nations won't help prices either...
Edited on Wed Mar-05-08 08:24 PM by barack the house
Reality is oil is the world's life blood till somethingmore practical tkes off.
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pbca Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:30 PM
Response to Reply #4
13. That's the problem
nothing more practical is on the horizon and supplies are being depleted. The cost isn't coming down, probably not ever. It would be foolish to promise that it will.
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:20 PM
Response to Original message
3. He'll do an easter time thing with loaves, fishes, & barrels of oil!
Praise to Obama god our savior the worlds last hope!

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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:25 PM
Response to Reply #3
5. Ridicule all you want you know I ahve a point. That is why things are kept unstable to raise profit
Edited on Wed Mar-05-08 08:27 PM by barack the house
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:26 PM
Response to Reply #5
6. But if you wear a hat.....
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Seeker30 Donating Member (904 posts) Send PM | Profile | Ignore Wed Mar-05-08 08:26 PM
Response to Original message
7. I guess you werent old enough to drive during the Clinton years
but the highest gas prices got were $1.89 a gallon and at that point Bill threatened an investigation into the oil companies and they mysteriously dropped back down to $1.25.

Whats your point again?
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:29 PM
Response to Reply #7
10. Another great Bill story
recall he financed his economic reform plan (complete w/ tax cuts for lower and middle class) by putting a tax on the wholesale price of gas. Oil companies screamed bloody murder, but the retail price didn't rise.

Of course, Bush promptly reversed all that...
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Seeker30 Donating Member (904 posts) Send PM | Profile | Ignore Wed Mar-05-08 08:33 PM
Response to Reply #10
15. You're not supposed to say that....Clinton is only for big business!
:sarcasm:
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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:29 PM
Response to Reply #7
11. Bill and Hillary are 2 different people and I am way old enough....
Edited on Wed Mar-05-08 08:42 PM by barack the house
No matter hwo old I get I will never let my age be a bludgeon to young andnew ideas those are the things that will take us forward.
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:47 PM
Response to Reply #11
23. No ideas
Obama has no ideas, just rhetoric.

Sorry, but most voters would prefer to have someone in charge who did a good job the first time around, especially where the economy is concerned.

Obama has nothing for economic policy besides praise for the Reagan years. Forgive us if we don't wish to revisit that nightmare.
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Spider Jerusalem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:41 PM
Response to Reply #7
19. Fun fact:
Worldwide demand for oil was approx. 25% lower then than it is now; India and China weren't consuming nearly as much petroleum, and there was the ability for oil companies to increase production to make up for supply gaps. There isn't, now; demand has increased significantly, and there is no excess capacity. The world uses about as much oil as it can produce, with only a very narrow margin for overhead. This is something you can't change. WHat was YOUR point, again?
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Seeker30 Donating Member (904 posts) Send PM | Profile | Ignore Wed Mar-05-08 08:48 PM
Response to Reply #19
24. Record profits...good enough for you?
Exxon made more profit in the 4th quarter last year than any company in history...you're defending this??
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Spider Jerusalem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:54 PM
Response to Reply #24
29. Supply and demand?
Not enough or barely enough of a (limited) supply to meet sharply increased demand for a commodity that's traded on an open market; production costs increased but not by as much as demand-driven price increases; the US dollar has lost 50% of its value relative to the Euro in the past 7 years, so adjusted for that, neither the price of oil nor the profits are as high as they appear thanks to inflation. I'm not defending anything; I happen to be aware of how the mechanisms of supply, demand, market economics and currency inflation combine to create the situation we have now, though.
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:53 PM
Response to Reply #19
27. He was smart enough to figure it out then
and I have no doubt his wife will be able to exercise the same good judgment and strategy. In fact, her economic policy and energy policy are both quite good and very detailed.

Check out the link below and make sure to read the additional topics in the sidebar links

http://www.hillaryclinton.com/news/release/view/?id=5267

People with knowledge and experience who surround themselves with good advisers always seem to come up with good remedies for whatever the economic situation demands.

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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:26 PM
Response to Original message
8. Exactly what does he have in his resume
that makes him more qualified than someone who already knows and has the respect and cooperation of world leaders?
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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:32 PM
Response to Reply #8
14. Negotiating lower healthcare costs in illinois for one and funding for education.
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Kurt_and_Hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:27 PM
Response to Original message
9. Because of the energy bill vote, he can't really run on that vs. Clinton, though
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:29 PM
Response to Reply #9
12. He's already shown where his loyalties lie
with the oil companies.
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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:33 PM
Response to Reply #12
16. Example would be nice ?
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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:34 PM
Response to Reply #16
17. If someone threatened America would you sell them oil at going rate?
Edited on Wed Mar-05-08 08:40 PM by barack the house
Barack has adamantly said he wants to tal to oil countries liek Iran and Venezuella. Hillary talks of conditions.


Samantha Poser, Barack's foreign advisor "Negotiations shoudn't be as a gift from the president for good behaviour...we need to take a humanitarian approach to the world or we will all apy the price"

.
.
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Seeker30 Donating Member (904 posts) Send PM | Profile | Ignore Wed Mar-05-08 08:37 PM
Response to Reply #17
18. If someone attacked America would you buy oil from them?
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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:44 PM
Response to Reply #18
20. Not the point at all and America is buying oil from nations labelled hostile to America...
Edited on Wed Mar-05-08 08:46 PM by barack the house
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:54 PM
Response to Reply #16
28. His vote on the energy bill
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surfermaw Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:45 PM
Response to Original message
21. According to Dick Durbin, our own government is the problems with energy
From the Senate floor, he said we were paying high prices for gas, because we are being priced by the cost of futures. According to Durbin, Gas is being pumped into the ground and held to keep the price high, now one word in any newspaper the day after he made the statement, but now today you are begining to hear a little, and OPEC said the trouble with America and energy is the United States Government. Remember Dick Cheney and his secret metting with big oil.
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sniffa Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:46 PM
Response to Original message
22. Now that's just not true
Hillary has already stated that oil prices will drop on the day of her inauguration. I take her at her word.
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barack the house Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:48 PM
Response to Reply #22
25. Yeah, they might do"as far as I know"... One thing she proves her word means alot...
Edited on Wed Mar-05-08 08:49 PM by barack the house
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stop the bleeding Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-05-08 08:48 PM
Response to Original message
26. How about people quick driving SUV's like a fucking Honda?
I know it sounds crazy:banghead:
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