Are oil prices going down because of the upcoming election?

[Pabster]

Originally posted by: KlokWyze
I don't know how the oil industry works and I really don't need to, to understand the ECONOMY is just another tool the government uses to control the population. In case you haven't noticed, doesn't the FED... this is ONE PERSON..... control short-term interest rates AND money supply.

Wow. You admit ignorance, then more ignorance (Hint: the "Fed" is not one person)...

I think the ones using the 'tin-foil' hateful insult need to take off the blinders or share some of the taxpayer's money(your paycheck) with those that have earned it.

I think those wearing the damn things ought to tighten them down :laugh:

 

[Vic]

The Fed is a single entity that has a coercive monopoly on the money supply. The same cannot be said for the oil industry.

I'm still trying to figure out why I was accused of ignoring the human factor and thinking the economy is a crazy monster by conspiracy theorists who are quite obviously ignoring the human factor and believing in monsters themselves.

Oil prices went up because the herd stampeded. Much like how housing prices went up. Much like the dot-com bubble. That is all. Did the oil companies break out the champagne? You betcha. So did the housing industry when mortgage rates dropped, but that doesn't mean that the housing industry controls interest rates, now does it?

 

[KlokWyze]

im sorry, the chairman of the board of governers of the federal reserve.

keep defending the people that ****** you in the ass. your children should be proud.

 

[Pabster]

Originally posted by: KlokWyze
im sorry, the chairman of the board of governers of the federal reserve.

You finally figured out there is a Board?

keep defending the people that ****** you in the ass. your children should be proud.

And keep tightening your tin-foil hat.

 

[Vic]

Originally posted by: KlokWyze
im sorry, the chairman of the board of governers of the federal reserve.

keep defending the people that ****** you in the ass. your children should be proud.

The chairman of the board of governors of the Federal Reserve is not a dictator vested with supreme power. He gets a vote like the rest. If he has any special power, it is that he is the spokesperson for the FOMC.

Who is defending anyone? Your comments don't make sense, and are lacking both in fact and in logic.

 

[dmcowen674]

Originally posted by: Vic
The Fed is a single entity that has a coercive monopoly on the money supply. The same cannot be said for the oil industry.

I'm still trying to figure out why I was accused of ignoring the human factor and thinking the economy is a crazy monster by conspiracy theorists who are quite obviously ignoring the human factor and believing in monsters themselves.

Oil prices went up because the herd stampeded. Much like how housing prices went up. Much like the dot-com bubble. That is all. Did the oil companies break out the champagne? You betcha. So did the housing industry when mortgage rates dropped, but that doesn't mean that the housing industry controls interest rates, now does it?

Actually the Administration and the Banks control the Industry.

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic
The Fed is a single entity that has a coercive monopoly on the money supply. The same cannot be said for the oil industry.

I'm still trying to figure out why I was accused of ignoring the human factor and thinking the economy is a crazy monster by conspiracy theorists who are quite obviously ignoring the human factor and believing in monsters themselves.

Oil prices went up because the herd stampeded. Much like how housing prices went up. Much like the dot-com bubble. That is all. Did the oil companies break out the champagne? You betcha. So did the housing industry when mortgage rates dropped, but that doesn't mean that the housing industry controls interest rates, now does it?

Actually the Administration and the Banks control the Industry.

The government ("the Administration") does not control the banks. The banks control the government. Get it straight. The creation of the Federal Reserve assured that.

The issue with you, Dave, is that you oscillate between Bush either being a puppet or being Almighty God with evil intentions. Make no mistake about it, he is a puppet. Just like every President before him for the past 100+ years. I know that robs you of your precious scapegoat, but that's the way it is.

 

[blackangst1]

Originally posted by: dmcowen674

Originally posted by: Vic
The Fed is a single entity that has a coercive monopoly on the money supply. The same cannot be said for the oil industry.

I'm still trying to figure out why I was accused of ignoring the human factor and thinking the economy is a crazy monster by conspiracy theorists who are quite obviously ignoring the human factor and believing in monsters themselves.

Oil prices went up because the herd stampeded. Much like how housing prices went up. Much like the dot-com bubble. That is all. Did the oil companies break out the champagne? You betcha. So did the housing industry when mortgage rates dropped, but that doesn't mean that the housing industry controls interest rates, now does it?

Actually the Administration and the Banks control the Industry.

Once again you are confused...you know, you really should try and post facts in your posts instead of conjecture:

The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central banking system of the United States.

The Federal Reserve System is a quasi-governmental banking system composed of (1) a presidentially-appointed Board of Governors of the Federal Reserve System in Washington, D.C.; (2) the Federal Open Market Committee; (3) 12 regional Federal Reserve Banks located in major cities throughout the nation; and (4) numerous private member banks, which own varying amounts of stock in the regional Federal Reserve Banks. Ben Bernanke serves as the current Chairman of the Board of Governors of the Federal Reserve System.

Legal status and position in government
The various components of the Federal Reserve System have differing legal statuses.

The Board of Governors of the Federal Reserve System is an independent government agency. The Board is subject to laws like the Freedom of Information Act and the Privacy Act which cover Federal agencies and not private entities. Like most other independent agencies, its decisions do not have to be ratified by the President or anyone else in the executive or legislative branches of government. The Board of Governors does not receive funding from Congress, and the terms of the members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the president, he or she is relatively independent (although the law provides for the possibility of removal by the President "for cause" under 12 U.S.C. § 242).

The Federal Reserve Banks are nominally "owned" by the private member banks (see below). In Lewis v. United States, 680 F.2d 1239 (9th Cir. 1982), the United States Court of Appeals for the Ninth Circuit stated that "the Reserve Banks are not federal instrumentalities for purposes of the FTCA [the Federal Tort Claims Act], but are independent, privately owned and locally controlled corporations." The opinion also stated that "the Reserve Banks have properly been held to be federal instrumentalities for some purposes." [1]

The member banks are generally privately-owned corporations. The stocks of many of the member banks are publicly traded.

The Federal Reserve System was created via the Federal Reserve Act of December 23rd, 1913. All national banks were required to join the system and other banks could join. The Reserve Banks opened for business on November 16th, 1914. Federal Reserve Notes were created as part of the legislation, to provide an elastic supply of currency. The notes were to be issued to the Reserve Banks for subsequent transmittal to banking institutions.

 

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic
The Fed is a single entity that has a coercive monopoly on the money supply. The same cannot be said for the oil industry.

I'm still trying to figure out why I was accused of ignoring the human factor and thinking the economy is a crazy monster by conspiracy theorists who are quite obviously ignoring the human factor and believing in monsters themselves.

Oil prices went up because the herd stampeded. Much like how housing prices went up. Much like the dot-com bubble. That is all. Did the oil companies break out the champagne? You betcha. So did the housing industry when mortgage rates dropped, but that doesn't mean that the housing industry controls interest rates, now does it?

Actually the Administration and the Banks control the Industry.

The government ("the Administration") does not control the banks. The banks control the government. Get it straight. The creation of the Federal Reserve assured that.

The issue with you, Dave, is that you oscillate between Bush either being a puppet or being Almighty God with evil intentions. Make no mistake about it, he is a puppet. Just like every President before him for the past 100+ years. I know that robs you of your precious scapegoat, but that's the way it is.

Thank you

They work in concert. That is why President's that have not gotten along with the Bank head (Greenspan for example) get no where with their domestic economic policy.

This whole chirade of giving away money like candy to developers had to collapse like the deck of cards it is.

 

[techs]

Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

 

[dmcowen674]

Originally posted by: blackangst1

Originally posted by: dmcowen674

Originally posted by: Vic
The Fed is a single entity that has a coercive monopoly on the money supply. The same cannot be said for the oil industry.

I'm still trying to figure out why I was accused of ignoring the human factor and thinking the economy is a crazy monster by conspiracy theorists who are quite obviously ignoring the human factor and believing in monsters themselves.

Oil prices went up because the herd stampeded. Much like how housing prices went up. Much like the dot-com bubble. That is all. Did the oil companies break out the champagne? You betcha. So did the housing industry when mortgage rates dropped, but that doesn't mean that the housing industry controls interest rates, now does it?

Actually the Administration and the Banks control the Industry.

Once again you are confused...you know, you really should try and post facts in your posts instead of conjecture:

The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central banking system of the United States.

The Federal Reserve System is a quasi-governmental banking system composed of (1) a presidentially-appointed Board of Governors of the Federal Reserve System in Washington, D.C.; (2) the Federal Open Market Committee; (3) 12 regional Federal Reserve Banks located in major cities throughout the nation; and (4) numerous private member banks, which own varying amounts of stock in the regional Federal Reserve Banks. Ben Bernanke serves as the current Chairman of the Board of Governors of the Federal Reserve System.

Legal status and position in government
The various components of the Federal Reserve System have differing legal statuses.

The Board of Governors of the Federal Reserve System is an independent government agency. The Board is subject to laws like the Freedom of Information Act and the Privacy Act which cover Federal agencies and not private entities. Like most other independent agencies, its decisions do not have to be ratified by the President or anyone else in the executive or legislative branches of government. The Board of Governors does not receive funding from Congress, and the terms of the members of the Board span multiple presidential and congressional terms. Once a member of the Board of Governors is appointed by the president, he or she is relatively independent (although the law provides for the possibility of removal by the President "for cause" under 12 U.S.C. § 242).

The Federal Reserve Banks are nominally "owned" by the private member banks (see below). In Lewis v. United States, 680 F.2d 1239 (9th Cir. 1982), the United States Court of Appeals for the Ninth Circuit stated that "the Reserve Banks are not federal instrumentalities for purposes of the FTCA [the Federal Tort Claims Act], but are independent, privately owned and locally controlled corporations." The opinion also stated that "the Reserve Banks have properly been held to be federal instrumentalities for some purposes." [1]

The member banks are generally privately-owned corporations. The stocks of many of the member banks are publicly traded.

The Federal Reserve System was created via the Federal Reserve Act of December 23rd, 1913. All national banks were required to join the system and other banks could join. The Reserve Banks opened for business on November 16th, 1914. Federal Reserve Notes were created as part of the legislation, to provide an elastic supply of currency. The notes were to be issued to the Reserve Banks for subsequent transmittal to banking institutions.

Thank you also for confirming what I said.

If you were a developer friends with the Bank board you would be in cohoots too.

 

[KlokWyze]

Originally posted by: dmcowen674
Actually the Administration and the Banks control the Industry.

Is it surprising that people think that the Federal Reserve is a branch of the government when in fact it is privately owned?

The organization in charge of issuing money and controlling short-term interest rates for the USA isn't even part of the US government.

Some of you get so offended that people question if our government and/or powerful corporations can control/effect certain industries in certain ways. Why do you get so offended? Do you really believe that big businesses can't effect prices of the market they are into?

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic
The Fed is a single entity that has a coercive monopoly on the money supply. The same cannot be said for the oil industry.

I'm still trying to figure out why I was accused of ignoring the human factor and thinking the economy is a crazy monster by conspiracy theorists who are quite obviously ignoring the human factor and believing in monsters themselves.

Oil prices went up because the herd stampeded. Much like how housing prices went up. Much like the dot-com bubble. That is all. Did the oil companies break out the champagne? You betcha. So did the housing industry when mortgage rates dropped, but that doesn't mean that the housing industry controls interest rates, now does it?

Actually the Administration and the Banks control the Industry.

The government ("the Administration") does not control the banks. The banks control the government. Get it straight. The creation of the Federal Reserve assured that.

The issue with you, Dave, is that you oscillate between Bush either being a puppet or being Almighty God with evil intentions. Make no mistake about it, he is a puppet. Just like every President before him for the past 100+ years. I know that robs you of your precious scapegoat, but that's the way it is.

Thank you

They work in concert. That is why President's that have not gotten along with the Bank head (Greenspan for example) get no where with their domestic economic policy.

This whole chirade of giving away money like candy to developers had to collapse like the deck of cards it is.

:roll:

 

[Vic]

Originally posted by: KlokWyze

Originally posted by: dmcowen674
Actually the Administration and the Banks control the Industry.

Is it surprising that people think that the Federal Reserve is a branch of the government when in fact it is privately owned?

The organization in charge of issuing money and controlling short-term interest rates for the USA isn't even part of the US government.

Some of you get so offended that people question if our government and/or powerful corporations can control/effect certain industries in certain ways. Why do you get so offended? Do you really believe that big businesses can't effect prices of the market they are into?

The logic is weak in this one. Welcome to ATPN! You'll fit right in.

 

[dmcowen674]

Originally posted by: techs
Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

Double confirmed by the Sheeple themselves:

9-26-2006 Consumer confidence higher than expected

Falling gasoline prices helped ease American shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.

Lower prices at the pump have helped boost consumer sentiment, economists said. Over the past month, the retail price of gasoline plunged by 50 cents, or 17 percent, to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita.

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: techs
Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

Double confirmed by the Sheeple themselves:

9-26-2006 Consumer confidence higher than expected

Falling gasoline prices helped ease American shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.

Lower prices at the pump have helped boost consumer sentiment, economists said. Over the past month, the retail price of gasoline plunged by 50 cents, or 17 percent, to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita.

Damn that pesky democracy!

 

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: techs
Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

Double confirmed by the Sheeple themselves:

9-26-2006 Consumer confidence higher than expected

Falling gasoline prices helped ease American shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.

Lower prices at the pump have helped boost consumer sentiment, economists said. Over the past month, the retail price of gasoline plunged by 50 cents, or 17 percent, to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita.

Damn that pesky democracy!

Yes, it is a shame.

They'll zing the prices back up right after Christmas.

Happy New Year

 

[Vic]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: techs
Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

Double confirmed by the Sheeple themselves:

9-26-2006 Consumer confidence higher than expected

Falling gasoline prices helped ease American shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.

Lower prices at the pump have helped boost consumer sentiment, economists said. Over the past month, the retail price of gasoline plunged by 50 cents, or 17 percent, to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita.

Damn that pesky democracy!

Yes, it is a shame.

They'll zing the prices back up right after Christmas.

Happy New Year

And you wonder why America doesn't vote the way you want it to!

As I've said many times and speaking as the liberal that I am, commies like you are the worst thing that ever happened to the Democratic party, and the best thing that ever happened to the Republican party. Keep blaming scapegoats and tighten your tinfoil beanie though!

 

[dmcowen674]

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: techs
Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

Double confirmed by the Sheeple themselves:

9-26-2006 Consumer confidence higher than expected

Falling gasoline prices helped ease American shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.

Lower prices at the pump have helped boost consumer sentiment, economists said. Over the past month, the retail price of gasoline plunged by 50 cents, or 17 percent, to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita.

Damn that pesky democracy!

Yes, it is a shame.

They'll zing the prices back up right after Christmas.

Happy New Year

And you wonder why America doesn't vote the way you want it to!

As I've said many times and speaking as the liberal that I am, commies like you are the worst thing that ever happened to the Democratic party, and the best thing that ever happened to the Republican party. Keep blaming scapegoats and tighten your tinfoil beanie though!

You a Liberal??? :laugh: I needed that laugh

 

[Genx87]

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: techs
Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

Double confirmed by the Sheeple themselves:

9-26-2006 Consumer confidence higher than expected

Falling gasoline prices helped ease American shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.

Lower prices at the pump have helped boost consumer sentiment, economists said. Over the past month, the retail price of gasoline plunged by 50 cents, or 17 percent, to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita.

Damn that pesky democracy!

Yes, it is a shame.

They'll zing the prices back up right after Christmas.

Happy New Year

And you wonder why America doesn't vote the way you want it to!

As I've said many times and speaking as the liberal that I am, commies like you are the worst thing that ever happened to the Democratic party, and the best thing that ever happened to the Republican party. Keep blaming scapegoats and tighten your tinfoil beanie though!

You a Liberal??? :laugh: I needed that laugh

Yes, liberals dont have to be socialists and communists like yourself. Unfortunately as Vic noted, the socialists and communists appear in control of the democratic party.

 

[KlokWyze]

Originally posted by: Genx87

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: techs
Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

Double confirmed by the Sheeple themselves:

9-26-2006 Consumer confidence higher than expected

Falling gasoline prices helped ease American shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.

Lower prices at the pump have helped boost consumer sentiment, economists said. Over the past month, the retail price of gasoline plunged by 50 cents, or 17 percent, to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita.

Damn that pesky democracy!

Yes, it is a shame.

They'll zing the prices back up right after Christmas.

Happy New Year

And you wonder why America doesn't vote the way you want it to!

As I've said many times and speaking as the liberal that I am, commies like you are the worst thing that ever happened to the Democratic party, and the best thing that ever happened to the Republican party. Keep blaming scapegoats and tighten your tinfoil beanie though!

You a Liberal??? :laugh: I needed that laugh

Yes, liberals dont have to be socialists and communists like yourself. Unfortunately as Vic noted, the socialists and communists appear in control of the democratic party.

Hopefully partisan politics will dominate the future too, just so you guys can talk about that all day.

 

[Vic]

Originally posted by: Genx87

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: techs
Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

Double confirmed by the Sheeple themselves:

9-26-2006 Consumer confidence higher than expected

Falling gasoline prices helped ease American shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.

Lower prices at the pump have helped boost consumer sentiment, economists said. Over the past month, the retail price of gasoline plunged by 50 cents, or 17 percent, to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita.

Damn that pesky democracy!

Yes, it is a shame.

They'll zing the prices back up right after Christmas.

Happy New Year

And you wonder why America doesn't vote the way you want it to!

As I've said many times and speaking as the liberal that I am, commies like you are the worst thing that ever happened to the Democratic party, and the best thing that ever happened to the Republican party. Keep blaming scapegoats and tighten your tinfoil beanie though!

You a Liberal??? :laugh: I needed that laugh

Yes, liberals dont have to be socialists and communists like yourself. Unfortunately as Vic noted, the socialists and communists appear in control of the democratic party.

And the Republicans are laughing all the way to the White House...


And yes, I am a liberal. In most counties, liberalism is considered to be in direct opposition to socialism and communism. Liberals created capitalism (if such a thing as inherent rights can be created).

 

[Genx87]

Originally posted by: Vic

Originally posted by: Genx87

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: Vic

Originally posted by: dmcowen674

Originally posted by: techs
Funny how I predicted at least 20 times over the last year that oil prices would drop before the elections.
And now they did.
Anyone who thinks the oil companies cannot manipulate oil prices to some extent is just plain ignorant.
Of course the price of oil is lower because of the upcoming elections.

Double confirmed by the Sheeple themselves:

9-26-2006 Consumer confidence higher than expected

Falling gasoline prices helped ease American shoppers' worries in September, sending a gauge of consumer sentiment higher than analysts expected.

Lower prices at the pump have helped boost consumer sentiment, economists said. Over the past month, the retail price of gasoline plunged by 50 cents, or 17 percent, to average $2.38 a gallon nationwide, according to Energy Department statistics. That is 42.5 cents lower than a year ago, when the energy industry was still reeling from the aftermath of hurricanes Katrina and Rita.

Damn that pesky democracy!

Yes, it is a shame.

They'll zing the prices back up right after Christmas.

Happy New Year

And you wonder why America doesn't vote the way you want it to!

As I've said many times and speaking as the liberal that I am, commies like you are the worst thing that ever happened to the Democratic party, and the best thing that ever happened to the Republican party. Keep blaming scapegoats and tighten your tinfoil beanie though!

You a Liberal??? :laugh: I needed that laugh

Yes, liberals dont have to be socialists and communists like yourself. Unfortunately as Vic noted, the socialists and communists appear in control of the democratic party.

And the Republicans are laughing all the way to the White House...


And yes, I am a liberal. In most counties, liberalism is considered to be in direct opposition to socialism and communism. Liberals created capitalism (if such a thing as inherent rights can be created).

Heh Chavez made mention of this in one of his speeches about the failed idea of liberalism in the United States. Now watch who sides with Chavez and claim to be liberals.

btw it isnt only the White House but the govenors around the country since 1980, it has been a landslide for Repubs.

 

[ntdz]

Originally posted by: Stunt

Originally posted by: blackangst1

Originally posted by: BoomerD
Regardless of how the November elections turn out, we consumers will still take it in the shorts...

Um not really. Obviously you've never traveled out of country....per CNN Money:

Nation City Price in USD Regular/Gallon
Netherlands Amsterdam $6.48
Norway Oslo $6.27
Italy Milan $5.96
Denmark Copenhagen $5.93
Belgium Brussels $5.91
Sweden Stockholm $5.80
United Kingdom London $5.79
Germany Frankfurt $5.57
France Paris $5.54
Portugal Lisbon $5.35
Hungary Budapest $4.94
Luxembourg $4.82
Croatia Zagreb $4.81
Ireland Dublin $4.78
Switzerland Geneva $4.74
Spain Madrid $4.55
Japan Tokyo $4.24
Czech Republic Prague $4.19
Romania Bucharest $4.09
Andorra $4.08
Estonia Tallinn $3.62
Bulgaria Sofia $3.52
Brazil Brasilia $3.12
Cuba Havana $3.03
Taiwan Taipei $2.84
Lebanon Beirut $2.63
South Africa Johannesburg $2.62
Nicaragua Managua $2.61
Panama Panama City $2.19
Russia Moscow $2.10
Puerto Rico San Juan $1.74
Saudi Arabia Riyadh $0.91
Kuwait Kuwait City $0.78
Egypt Cairo $0.65
Nigeria Lagos $0.38
Venezuela Caracas $0.12

The difference in price all comes down to taxation and/or government subsidies. Due to the increased taxation in Europe their economy is far less dependent on the price of oil; they have implemented energy efficient systems and equipment.

North Americans are too busy complaining about the companies and how they are getting screwed over, they don't encourage innovation to reduce consumption.

The reality is that the USA is more spread out, therefore we need and use significantly more energy on transportation. Since transportation uses oil almost exclusively, of course we're going to use oil. It's not just that they are so much more energy efficient, there are many other factors as well, including the fact our economy is significantly larger and more productive.

 

[Polish3d]

Originally posted by: umbrella39
If they go back up to $3 a gallon before the election, I think we could myth bust it.

If they stay low through the elections and the GOP holds their majority THEN they go back up to $3 before Christmas, then I think you might have something OP.

To speculate at this point would be paranoid imo. I guess just wait and see what happens...

If you prove to be right, I don't think it will be because Bush has some magic control over the prices, it would be because the people who actually DO have control... love Bush, the GOP in general, and their policies a great, great deal.

Yeah, if there's anything to this, that would be my conclusion as well. The recognition that Bush admin and repubs are better for the oil industry than are democrats