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Historic NY

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13. We should start to hear rumblings of nationalzing the oil companies....in the press

Sun Feb 26, 2012, 02:51 AM

Feb 2012

Obama should just flood the market with US oil reserves and then get the Commodities Futures Trading Commission off their asses.

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Gas Could Easily Go To $5 And Crush The National Economy [View all] FarCenter Feb 2012 OP

I paid $4.35 today. Initech Feb 2012 #1

No.. sendero Feb 2012 #21

The Fed has nothing to do with it. It's Wall Street speculation. NashvilleLefty Feb 2012 #82

No.. sendero Feb 2012 #86

Easy answer. Arrest all of the oil speculators New Yawker Feb 2012 #2

+1000000000000 Initech Feb 2012 #4

Add a few more zeros to that! seeviewonder Feb 2012 #5

You are going to send Seal Teams to London, Zurich, Singapore, Dubai? FarCenter Feb 2012 #6

What the fuck, it worked in Pakistan. OffWithTheirHeads Feb 2012 #7

Al Qaeda is not even close to being in the same criminal league as London bankers. FarCenter Feb 2012 #9

Begin tightening speculation laws here while pushing to tighten them globally brentspeak Feb 2012 #64

I support that. appleannie1 Feb 2012 #8

Wage and Price Controls CAPHAVOC Feb 2012 #18

How about real estate speculators who push up property prices? Nye Bevan Feb 2012 #20

I filled up here in Iowa on Thursday and paid $3.48. n/t seeviewonder Feb 2012 #3

Our beloved oil companies are EXPORTING gas from the US while speculators drive up the price nt msongs Feb 2012 #10

Exporting GAS, not crude oil. napoleon_in_rags Feb 2012 #14

"Increase refinery capacity" is a bullshit RW argument considering how much gas bullwinkle428 Feb 2012 #11

Last week, we imported more gasoline than we exported FarCenter Feb 2012 #12

Refineries have been closed? KamaAina Feb 2012 #66

Since gasoline demand has been falling, they have been closing east coast refineries FarCenter Feb 2012 #68

"a supply glut at the delivery point for WTI in the Midcontinent" KamaAina Feb 2012 #76

The reversal of the Seaway pipeline will solve part of the price differential problem FarCenter Feb 2012 #77

We should start to hear rumblings of nationalzing the oil companies....in the press Historic NY Feb 2012 #13

Fat lot of good that'll do when the actual gasoline is being exported Zalatix Feb 2012 #16

Nationalise the oil and then what? Spider Jerusalem Feb 2012 #17

Here's how this article is playing out over in "Fair and Balanced" Land... dogknob Feb 2012 #15

Build the Keystone Pipeline. Nye Bevan Feb 2012 #19

Let's just fuck the planet over, who cares Hugabear Feb 2012 #22

I'm less concerned about the fate of the lesser-spotted tree frog Nye Bevan Feb 2012 #24

You realize that fucking over the environment affects humans as well? Hugabear Feb 2012 #29

+1 DCBob Feb 2012 #36

Did you ever learn about the RELATIONSHIPS between the lesser spotted tree frog nadinbrzezinski Feb 2012 #65

Uh, Hello? It's all connected. Arugula Latte Feb 2012 #67

Gasoline is contributing to global warming and reduced crop yields. Zalatix Feb 2012 #69

You want to see hungry humans? Wait until global warming destroys the Great Plains NickB79 Feb 2012 #84

�Hydraulic fracking is very much a necessary part of the future of natural gas,� Nye Bevan Feb 2012 #51

Do I agree with everything that comes out of the Obama administration? NO Hugabear Feb 2012 #62

You do realize that the oil transported through that pipeline will do nothing for the US MadHound Feb 2012 #73

Except there is plenty of crude. Problem is refinery capacity and gasoline exports. Exports are yellowcanine Feb 2012 #87

There is no glut in crude, we are importing 8.7 million barrels per day of crude FarCenter Feb 2012 #88

I paid $8 a gallon here last week, and the national economy still isn't crushed DFW Feb 2012 #23

We Americans are really spoiled when it comes to gas price. DCBob Feb 2012 #25

Germany is the size of Montana. Nye Bevan Feb 2012 #26

Th EU is bigger than just Germany, and with a bigger population than the USA DFW Feb 2012 #35

doesn't a large part of the price you pay go to government tax receipts magical thyme Feb 2012 #31

1. mostly yes, and 2.) mostly no DFW Feb 2012 #37

road maintenance and improvement. magical thyme Feb 2012 #38

Roads in the Northeast will likely deteriorate sharply as the price of asphalt increases FarCenter Feb 2012 #42

I don't know magical thyme Feb 2012 #53

There are refineries in the Maritimes FarCenter Feb 2012 #61

the speculators never run out of money magical thyme Feb 2012 #63

When you're a country in the middle of a continent that borders on ten other countries, DFW Feb 2012 #47

Yes they are turning to gravel CatholicEdHead Feb 2012 #54

Germany, France and Britain are much better equipped for mobility sans automobile..... marmar Feb 2012 #39

I wish! DFW Feb 2012 #49

what is the average commute in Germany? nt Snake Alchemist Feb 2012 #50

Depends on what you do and where you are. DFW Feb 2012 #56

I meant more of a distance calculation. Snake Alchemist Feb 2012 #78

Bamberg is a relatively small town DFW Feb 2012 #81

You really can't compare prices in Europe to prices here Marrah_G Feb 2012 #55

In some cases, the reason for that is enough to make your blood boil DFW Feb 2012 #58

I agree it is infuriating. Marrah_G Feb 2012 #59

It's about the same price in the UK, actually Spider Jerusalem Feb 2012 #85

That article sounds like Drill, Baby, Drill to me lunatica Feb 2012 #27

this will be a good thing in many ways Snake Alchemist Feb 2012 #28

So you're rooting for $5 gas. Nice. Nye Bevan Feb 2012 #32

whatever it takes. Snake Alchemist Feb 2012 #33

We should have been increasing the taxes a dime a year since the '70s FarCenter Feb 2012 #43

You forget that farmers and cattlemen can't work in the cities. KatyaR Feb 2012 #41

IIRC, gas and diesel for use in tractors on farms is not taxed. FarCenter Feb 2012 #44

But how do the farmworkers get to the grocery stores to buy food? Nye Bevan Feb 2012 #52

We used to go to town once a week, or less when the roads were bad FarCenter Feb 2012 #60

NEWS FLASH!!! We've already passed the point of peak oil. The cost of gasoline can ONLY go up Zalatix Feb 2012 #70

So you want to use gas prices as a blunt object to force people to repopulate urban hellscapes Sen. Walter Sobchak Feb 2012 #71

Won't have to be "used". It will happen naturally. nt Snake Alchemist Feb 2012 #79

X2 moparlunatic Feb 2012 #30

Yes, it's time to change our driving habits. ananda Feb 2012 #34

additional pipelines and areas opened up for drilling won't save the economy... ibegurpard Feb 2012 #40

The speculators are betting on the EU boycott of Iranian oil and the possibility of an attack FarCenter Feb 2012 #45

well, right ibegurpard Feb 2012 #46

Regulation of oil speculation in the US won't affect the world market FarCenter Feb 2012 #48

Yet the Ford F-150 is the #1 selling car in America taught_me_patience Feb 2012 #57

Doubtful. But it is due to speculation, higher demand internationally, and the Iran shit. RBInMaine Feb 2012 #72

Like many others on the coasts, you are forgetting something about "flyover country". MadHound Feb 2012 #74

If the price of energy goes up, the price of food will go up, and we will eat less FarCenter Feb 2012 #75

sadly.... unkachuck Feb 2012 #80

So in summary: 1) approve Keystone XL, 2) build more refineries, and 3) scrap clean-air rules NickB79 Feb 2012 #83