Can't wait until the summer driving season begins, and Iran shuts down the Strait of Hormuz. $6/gallon by July 4th? http://www.portlandgasprices.com/GasPriceSearch.aspx
I’m not going to justify Obama’s remarks, but I do this they need to be placed into a certain perspective. People have to look at the long term plan- Less dependency on oil and more on sustainable types of energy. The sad fact of the matter is that until prices rise on oil and gas there is no true incentive to develop more fully alternative methods. Tax benefits didn’t help. Government money for start-ups didn’t help. Now, I will admit, the latest fiasco with Solyndra may have been more of a “take the government money and run” than a true desire to create alternative methods of energy, but the point remains that government money isn’t helping. A time will come when it will simply be too expensive to use gas & oil on a meso scale. We have to have the other methods in place for that time. That means developing them fully now. And I think that’s where Obama is coming from.
That doesn't jive with "DRILL BABY DRILL!" though? There's still too much money on oil, and not enough far-sighted people in his country.
Being far-sighted, which all energy companies are anyhow, does nothing to alleviate gas prices next week. We can talk all we want about algae, and money is being invested in it, but it is literally decades away from being cost-effective for any company to go all-in on without gov't subsidies.
You're rightfully outraged, but wrongfully placing the blame. As with every other way the average American is being screwed, it's all being done by the 1%. Gas prices are set artificially high by speculators on Wall Street. Presidents really can't do much of anything to stop it. Supply lines affected by wars have little influence on it. It's just another Ponzi scheme by the 1%. Congress acted to slow it down with the Dodd-Frank Act, but the 1% owns most of the judges in our glorious justice system and they are overuling everything from the Bill of Rights to the definition of "a person". http://www.mcclatchydc.com/2012/02/27/140158/federal-judge-weighs-whether-to.html
I don't know where you got the $1.84 figure but gas was $1.20 when I moved to Beautiful Central Oregon a decade ago, shot up over $3.00 in a matter of months under Bush/Cheney, and has never been below $2.25 since.
I agree with with the first half, but not the second. I think we have plenty of far sighted people as well as far sighted energy companies (to even include oil companies). It's just that oil is still cheaper to use as a primary source of energy for vehicles and manufacturing. Until that changes there isn't much of a chance in really seeing large scale changes in energy in that arena.
There is no blame in this thread. Just facts that either Obama or his cabinet members have said about gas prices. Dispute the article if you have a problem with it.
You're suggesting I should lie and deceive you rather than point out what you should already know if you had been paying attention?
Schiff's an idiot, and I side with Bill O'Reilly on this matter. Oil is a natural resource vital to our country's current survival, and I would go a further step and nationalize it's production from any wells that are on public land. The same goes for timber, mining, natural gas, and hydroelectricity. US Mail, telephone, utilities, and healthcare should also be government run. The vast amounts spent on subsidizing these industries has done nothing for Americans and is a huge gift from taxpayers to a couple hundred billionaires, many of them not even Americans.
