The Goat Pen

And oh, Hack, it's nice to meetcha!

When gas prices soared during the previous administration, Bush was widely portrayed as being a "Texas Oil Man" beholding to "Big Oil". The implication was that, not only could he have intervened to lower prices if he had wanted to, but that he was actually involved somehow in a...

>Obama loves big oil!

We all do. We're addicted to their stuff.

The discussion was what Obama could do to lower prices, not what is happening right now to bring them up. As I stated earlier, there are many factors associated with rising prices. The article is an example of a type of government regulation that has a direct effect on the cost of gas. I treated yo...

That article is from 2009. It does not explain why prices are going up all over the country now, regardless of state regulation.

>It suggests that more domestic drilling, alone, doesn't necessarily equate to lower prices -- at least not right away. Of course, there are still the matters of regulation and limited refinery capacity, not to mention the global influence Really? Could you please explain how regulation is causing g...

>Sounds great. But it's clearly not enough.

Actually, what it shows is that more drilling at home ≠ lower gas prices. Just because 'our' oil companies can save by drilling locally rather than shipping across the ocean, does not mean they will pass the savings on to consumers.

According to the Wall Street Journal http://online.wsj.com/article/SB10001424052748704858404576134553990567750.html : "Oil-drilling activity in the U.S. has accelerated to a pace not seen in a generation as energy companies, oilfield contractors and landowners rush to exploit newly profitable s...

>There are a lot of things he could do that would make the situation better.

Like what?

I think lawyers need a social security card to work.

Lots of factors: global political unrest, government regulations, limited refinery capacity, international market demand... I don't claim to be an expert, but I know it's a lot more complicated than "the President's in bed with Big Oil." So you don't think Obama's got anything to do with ...

The explanation for the oil prices.

Hacksaw wrote: evidently, they also seem to have suddenly come to the conclusion that there might just be other possible explanations for why gasoline would cost $4 a gallon -- other than the POTUS being in bed with Big Oil. Imagine that.

What do you think is the explanation?

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>Frankly I bet if Obama and W were in the same room last night they would have shared a bro-hug.

I think so too.

Owlman wrote:

HAHAHA I love this!

Professor Tiger wrote: Poor guy has Turrette's syndrome. I hear he's getting help.

My understanding is that the only remedy for that is to STFU.

Tornado warnings here in NC now. I wish I had a basement.

That's a really nice rack, Karen!