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lupi

Lifer
Apr 8, 2001
32,539
260
126
Originally posted by: Robor
Originally posted by: lupi
Oil has dropped $20 something since the executive ban on offshore drilling lifted.

Sounds like those saying no drilling are at fault. :)

Just imagone how much lower it could go if congress also repeals the ban and starts leasing new lands. And the moeny from those leases could, shocking here, go to funding new energy R&D.

Lifting the ban was political showboating and you know it. When would that oil and money you speak of begin to flow? 5 years? 7 years? 10 years? I'm not saying we shouldn't explore all options but (some) people act like lifting the ban today will get the oil to the pumps tomorrow.

As far as the oil price drop, you know, I pressure washed my condo right before the prices started to fall and that's not something I do very often. Coincidence? I think not! :laugh:

And a large portion of the recent price increase were due to showboating. I'd at least rather have someone also showboating on my side rather than sit on his hands.
 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Originally posted by: LegendKiller
More detail about Semgroup. To all of the fools who think that this is still supply/demand, wake the fuck up.

You are making this too easy...


If it has nothing to do with supply and demand why are we asked to conserve?

Unlike many many libs I and most conservatives feel it's a multi front problem and a multi front solution.


 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Originally posted by: Budmantom
Originally posted by: LegendKiller
More detail about Semgroup. To all of the fools who think that this is still supply/demand, wake the fuck up.

You are making this too easy...


If it has nothing to do with supply and demand why are we asked to conserve?

Unlike many many libs I and most conservatives feel it's a multi front problem and a multi front solution.

Who is asking you to conserve? The conservation is being driven more by price than anything else, that and the realization that we can't keep this activity up.

Being a "lib" or "conservative" has nothing to do with being practical. I agree that a multi-pronged solution is the way to go and I am neither a "lib" or your type of "conservative".
 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Originally posted by: LegendKiller
Originally posted by: Budmantom
Originally posted by: LegendKiller
More detail about Semgroup. To all of the fools who think that this is still supply/demand, wake the fuck up.

You are making this too easy...


If it has nothing to do with supply and demand why are we asked to conserve?

Unlike many many libs I and most conservatives feel it's a multi front problem and a multi front solution.

Who is asking you to conserve? The conservation is being driven more by price than anything else, that and the realization that we can't keep this activity up.

Being a "lib" or "conservative" has nothing to do with being practical. I agree that a multi-pronged solution is the way to go and I am neither a "lib" or your type of "conservative".

Just about every politician on the left and the right.

Your not going to say your a conservative are you?

So your multi-pronged solution does not include drilling or conservation? This is going to be good lets hear it.


 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Originally posted by: Budmantom
Originally posted by: LegendKiller
Originally posted by: Budmantom
Originally posted by: LegendKiller
More detail about Semgroup. To all of the fools who think that this is still supply/demand, wake the fuck up.

You are making this too easy...


If it has nothing to do with supply and demand why are we asked to conserve?

Unlike many many libs I and most conservatives feel it's a multi front problem and a multi front solution.

Who is asking you to conserve? The conservation is being driven more by price than anything else, that and the realization that we can't keep this activity up.

Being a "lib" or "conservative" has nothing to do with being practical. I agree that a multi-pronged solution is the way to go and I am neither a "lib" or your type of "conservative".

Just about every politician on the left and the right.

Your not going to say your a conservative are you?

So your multi-pronged solution does not include drilling or conservation? This is going to be good lets hear it.


Depends on what you mean by "conservative".
 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Just about every politician on the left and the right.

Your not going to say your a conservative are you?

So your multi-pronged solution does not include drilling or conservation? This is going to be good lets hear it.

and just what is my type of conservative?

 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Originally posted by: Budmantom
Just about every politician on the left and the right.

Your not going to say your a conservative are you?

So your multi-pronged solution does not include drilling or conservation? This is going to be good lets hear it.

and just what is my type of conservative?

You define "conservative" and I'll tell you whether I am one or not.
 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Originally posted by: LegendKiller
Originally posted by: Budmantom
Just about every politician on the left and the right.

Your not going to say your a conservative are you?

So your multi-pronged solution does not include drilling or conservation? This is going to be good lets hear it.

and just what is my type of conservative?

You define "conservative" and I'll tell you whether I am one or not.

I can't say that I'm the typical conservative but here are a couple definitions.

http://en.wikipedia.org/wiki/Conservatism

http://www.answers.com/conservative&r=67

 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Originally posted by: Budmantom
Originally posted by: LegendKiller
Originally posted by: Budmantom
Just about every politician on the left and the right.

Your not going to say your a conservative are you?

So your multi-pronged solution does not include drilling or conservation? This is going to be good lets hear it.

and just what is my type of conservative?

You define "conservative" and I'll tell you whether I am one or not.

I can't say that I'm the typical conservative but here are a couple definitions.

http://en.wikipedia.org/wiki/Conservatism

http://www.answers.com/conservative&r=67


Since you throw around the word pretty liberally, why don't you define what it means to you. Then, I'll know whether or not your definition fits within my own, and whether or not I want to be associated with you.
 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Originally posted by: LegendKiller
Originally posted by: Budmantom
Originally posted by: LegendKiller
Originally posted by: Budmantom
Just about every politician on the left and the right.

Your not going to say your a conservative are you?

So your multi-pronged solution does not include drilling or conservation? This is going to be good lets hear it.

and just what is my type of conservative?

You define "conservative" and I'll tell you whether I am one or not.

I can't say that I'm the typical conservative but here are a couple definitions.

http://en.wikipedia.org/wiki/Conservatism

http://www.answers.com/conservative&r=67


Since you throw around the word pretty liberally, why don't you define what it means to you. Then, I'll know whether or not your definition fits within my own, and whether or not I want to be associated with you.

I don't fall in line with all conservative values, I agree with most conservatives that it's a multi-front problem and solution and I didn't claim that I am a typical conservative.

Let's get back on topic, who isn't asking us to conserve and what are your thoughts on the energy crisis. And please explain to me how this problem has NOTHING to do with supply and demand.

 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Originally posted by: Budmantom
Originally posted by: LegendKiller
Originally posted by: Budmantom
Originally posted by: LegendKiller
Originally posted by: Budmantom
Just about every politician on the left and the right.

Your not going to say your a conservative are you?

So your multi-pronged solution does not include drilling or conservation? This is going to be good lets hear it.

and just what is my type of conservative?

You define "conservative" and I'll tell you whether I am one or not.

I can't say that I'm the typical conservative but here are a couple definitions.

http://en.wikipedia.org/wiki/Conservatism

http://www.answers.com/conservative&r=67


Since you throw around the word pretty liberally, why don't you define what it means to you. Then, I'll know whether or not your definition fits within my own, and whether or not I want to be associated with you.

I don't fall in line with all conservative values, I agree with most conservatives that it's a multi-front problem and solution and I didn't claim that I am a typical conservative.

Let's get back on topic, who isn't asking us to conserve and what are your thoughts on the energy crisis. And please explain to me how this problem has NOTHING to do with supply and demand.

What problem? The high price of oil? Oil is only be about 80/bbl, based upon supply/demand.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,333
136
Originally posted by: Budmantom
Originally posted by: Jhhnn
Don't play the idiot game, please, Budmantom.


But you were doing so well.... :)

Supply and demand, it's hard to argue with.

Supply and demand does not explain a 100% increase in prices over the past year despite stable supply and weakening demand.
 

Vic

Elite Member
Jun 12, 2001
50,422
14,333
136
Originally posted by: badnewcastle
Originally posted by: Robor
Originally posted by: lupi
Oil has dropped $20 something since the executive ban on offshore drilling lifted.

Sounds like those saying no drilling are at fault. :)

Just imagone how much lower it could go if congress also repeals the ban and starts leasing new lands. And the moeny from those leases could, shocking here, go to funding new energy R&D.

Lifting the ban was political showboating and you know it. When would that oil and money you speak of begin to flow? 5 years? 7 years? 10 years? I'm not saying we shouldn't explore all options but (some) people act like lifting the ban today will get the oil to the pumps tomorrow.

As far as the oil price drop, you know, I pressure washed my condo right before the prices started to fall and that's not something I do very often. Coincidence? I think not! :laugh:

Show boating or not the speculators drive the price up more knowing they can't drill off shore, whether the drilling is happening or not. All the ban did was give them another excuse to speculate higher.


How was that? The ban had been in place since GHW Bush signed it as President.

Lifting the ban had nothing to do with the recent price drop, as the trend actually began before. The actual causes for the price declines is (1) softening demand in the weakening US economy, (2) reduced geopoliticial tensions in the ME, and (3) govt investigations into price fixing by speculators.
 

LegendKiller

Lifer
Mar 5, 2001
18,256
68
86
Originally posted by: Budmantom
So your against the speculators.

"You're" not "your"

But yes, I am against them.

It's ironic, since I work in i-banking. But I also recognize the balance between having a form of free markets, but also not allowing those markets to be abused.
 

Harvey

Administrator<br>Elite Member
Oct 9, 1999
35,057
60
91
Originally posted by: lupi
Oil has dropped $20 something since the executive ban on offshore drilling lifted.

Sounds like those saying no drilling are at fault. :)

Just imagone how much lower it could go if congress also repeals the ban and starts leasing new lands. And the moeny from those leases could, shocking here, go to funding new energy R&D.

Sounds like you're loopy, lupi. :p

Try reading the info that's already been posted, instead of mouthing off to prove your ignorance. NO oil would be produced for years, and even if/when oil from such leases was flowing, there isn't enough oil in our own reserves to do squat to the price of oil.

If you want to invest in something useful for yourself, you may want to consider a spell checker and a logic fault detector. :laugh:
 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Originally posted by: Vic
Originally posted by: Budmantom
Originally posted by: Jhhnn
Don't play the idiot game, please, Budmantom.


But you were doing so well.... :)

Supply and demand, it's hard to argue with.

Supply and demand does not explain a 100% increase in prices over the past year despite stable supply and weakening demand.

Did I say that it was 100%?

I said that more suppy would have a positive affect.

 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81

Originally posted by: Harvey

Somehow, I don't think McCain will get much help from Pickens or any of the other experts who have already told America all the domestic oil we could drill wouldn't do squat to gas prices, and it wouldn't be available for at least a decade.

Just for you Harvey!!!



I have a feeling that the Dems won't see Pickens as the authority that he was a couple of days ago :)


 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Originally posted by: LegendKiller
Originally posted by: Budmantom
So your against the speculators.

"You're" not "your"

But yes, I am against them.

It's ironic, since I work in i-banking. But I also recognize the balance between having a form of free markets, but also not allowing those markets to be abused.




I don't doubt that has some affect.
 

Robor

Elite Member
Oct 9, 1999
16,979
0
76
Originally posted by: badnewcastle
Originally posted by: Robor
Lifting the ban was political showboating and you know it. When would that oil and money you speak of begin to flow? 5 years? 7 years? 10 years? I'm not saying we shouldn't explore all options but (some) people act like lifting the ban today will get the oil to the pumps tomorrow.

As far as the oil price drop, you know, I pressure washed my condo right before the prices started to fall and that's not something I do very often. Coincidence? I think not! :laugh:

Show boating or not the speculators drive the price up more knowing they can't drill off shore, whether the drilling is happening or not. All the ban did was give them another excuse to speculate higher.

Bush lifting the band had nothing to do with the recent price drop. Offshore drilling is just another finger pointing blame game being played by the (R)'s to try and hang high gas prices on the (D)'s. Yes, those (D)'s who've only been in 'control' for 19 months or so and that 'control' is pretty much a split.

Originally posted by: lupi
And a large portion of the recent price increase were due to showboating. I'd at least rather have someone also showboating on my side rather than sit on his hands.

Well the finger pointing over the lifting of the ban wasn't the reason for the drop and even if it was two wrongs don't make a right. This is nothing more than election year grand standing.



 

Budmantom

Lifer
Aug 17, 2002
13,103
1
81
Originally posted by: Robor
Originally posted by: badnewcastle
Originally posted by: Robor
Lifting the ban was political showboating and you know it. When would that oil and money you speak of begin to flow? 5 years? 7 years? 10 years? I'm not saying we shouldn't explore all options but (some) people act like lifting the ban today will get the oil to the pumps tomorrow.

As far as the oil price drop, you know, I pressure washed my condo right before the prices started to fall and that's not something I do very often. Coincidence? I think not! :laugh:

Show boating or not the speculators drive the price up more knowing they can't drill off shore, whether the drilling is happening or not. All the ban did was give them another excuse to speculate higher.

Bush lifting the band had nothing to do with the recent price drop. Offshore drilling is just another finger pointing blame game being played by the (R)'s to try and hang high gas prices on the (D)'s. Yes, those (D)'s who've only been in 'control' for 19 months or so and that 'control' is pretty much a split.

Originally posted by: lupi
And a large portion of the recent price increase were due to showboating. I'd at least rather have someone also showboating on my side rather than sit on his hands.

Well the finger pointing over the lifting of the ban wasn't the reason for the drop and even if it was two wrongs don't make a right. This is nothing more than election year grand standing.

How can you be sure that the lifting of the ban had NOTHING to do with it?

The (D)'s have only been in power for 19 months....... when did the oil prices start going up? ;) The new congress promised lower prices if elected, what is it that they have done to make this happen?

 

fskimospy

Elite Member
Mar 10, 2006
85,586
50,771
136
Originally posted by: Budmantom
Originally posted by: Robor
Originally posted by: badnewcastle
Originally posted by: Robor
Lifting the ban was political showboating and you know it. When would that oil and money you speak of begin to flow? 5 years? 7 years? 10 years? I'm not saying we shouldn't explore all options but (some) people act like lifting the ban today will get the oil to the pumps tomorrow.

As far as the oil price drop, you know, I pressure washed my condo right before the prices started to fall and that's not something I do very often. Coincidence? I think not! :laugh:

Show boating or not the speculators drive the price up more knowing they can't drill off shore, whether the drilling is happening or not. All the ban did was give them another excuse to speculate higher.

Bush lifting the band had nothing to do with the recent price drop. Offshore drilling is just another finger pointing blame game being played by the (R)'s to try and hang high gas prices on the (D)'s. Yes, those (D)'s who've only been in 'control' for 19 months or so and that 'control' is pretty much a split.

Originally posted by: lupi
And a large portion of the recent price increase were due to showboating. I'd at least rather have someone also showboating on my side rather than sit on his hands.

Well the finger pointing over the lifting of the ban wasn't the reason for the drop and even if it was two wrongs don't make a right. This is nothing more than election year grand standing.

How can you be sure that the lifting of the ban had NOTHING to do with it?

The (D)'s have only been in power for 19 months....... when did the oil prices start going up? ;) The new congress promised lower prices if elected, what is it that they have done to make this happen?


Now you're asking someone to prove a negative in order to bolster your argument. This is not a good idea.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: Vic
The actual causes for the price declines is

(1) softening demand in the weakening US economy

(2) reduced geopoliticial tensions in the ME

(3) govt investigations into price fixing by speculators.

Number 1 is true - oil is overflowing to the point that barges sitting in the rivers are getting hit by boat traffic (See oil/gas thread).

That barge would not be there if the land based tanks had room for the oil.

Number 2 is false - Unless we have taken over Iran in the middle of the night last week while we were sleeping.

Number 3 is true - Looks like rats are starting to jump a sinking ship.

Be ashame if they get to swim away free instead of being put in jail where they belong.

Will oil drop below $100? Doubtful.

Will gas drop below $3? Doubtful again, they are used to the record profits and not about to give it up.

 

lupi

Lifer
Apr 8, 2001
32,539
260
126
Originally posted by: Harvey
Originally posted by: lupi
Oil has dropped $20 something since the executive ban on offshore drilling lifted.

Sounds like those saying no drilling are at fault. :)

Just imagone how much lower it could go if congress also repeals the ban and starts leasing new lands. And the moeny from those leases could, shocking here, go to funding new energy R&D.

Sounds like you're loopy, lupi. :p

Try reading the info that's already been posted, instead of mouthing off to prove your ignorance. NO oil would be produced for years, and even if/when oil from such leases was flowing, there isn't enough oil in our own reserves to do squat to the price of oil.

If you want to invest in something useful for yourself, you may want to consider a spell checker and a logic fault detector. :laugh:

Hey Mr. Strawman. The speculators won't be consuming the oil they're buying for an even longer period, yet the prices have gone up. So please continue your wacko leftist diatribes, hugging your trees, and continuing to bring nothing to the table.