The Price of Gasoline in the USA and Obama's policies

Discussion in 'Political/Religious' started by Travis, Mar 2, 2012.

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  1. wilcaz lying on the sofa of life

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    Yep. Typically highest in the spring/summer and lower in the winter.
  2. Kahless doesn't get 5/8

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    PEOPLE COMPLAINING ABOUT THE PRICE OF GAS AND REFUSING TO USE LESS OF IT

    lol
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  3. Aäck each time u kill a kitten

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  4. chronowarp Allo fu'in poppit

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    what is that creature
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  5. fluorescent Slum/Vampire Lord

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    Gas has been steadily fluctuating between $3.50 and $3.95 here for like two years now. Insert obligatory stupid nigger president not doing anything like a typically stupid nigger comment here.
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  6. NikTh Do you know the way out?

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    Gas prices here are around $5.00 atm, but you don't hear me crying like a little bitch.
  7. Aäck each time u kill a kitten

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    looks like some testicles photoshopped onto an eagle
  8. ProgFreak Junior Member

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    That, boys, is a so called Penis Vulture (Gymnogyps Mentula)
  9. wilcaz lying on the sofa of life

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    Don't care LOL

    [IMG]
  10. kirksnosehair Disappeared into my Nostrils

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    I don't care either, since I haven't paid for gasoline in over a decade (company car)
  11. Travis Junior Member

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    do you all really think that higher oil prices are only about gasoline prices? welcome to inflation!!.. but Obama has this all rigged that he is reaping the benefits of Bushes policies and we will see the damage of Obama's insane policies years down the road, much like Obamacare. and for the record gas prices have never been this high so early in the spring.

    I care, I drive, I drive a lot, and have trucks on the roads which will eat in to profitabality or raising of rates

    this hurts us common folk and is a hidden tax on all.
  12. Travis Junior Member

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    I thought Liberals were the mushy " we care for the common folk and all"... so you dont care, because it doesn't effect you? well it does, it manifests itself in many ways as far as the cost of all goods and welfare of a company's solvency.
  13. ProgFreak Junior Member

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    Are you insane?
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  14. wilcaz lying on the sofa of life

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    [IMG]
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  15. Travis Junior Member

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    yes Bernie will have some head scratchin coming.. QE III? lol
  16. wilcaz lying on the sofa of life

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    The point is that what you are talking about and inflation are not the same at all. Not even on the same planet.

    And you know he was appointed by Bush, right?
  17. kirksnosehair Disappeared into my Nostrils

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    He does now :lol
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  18. wilcaz lying on the sofa of life

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    Not a knock, I think Bernanke is great. But people associating him with Obama is pretty lol.
  19. Travis Junior Member

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    Of course.. and we could debate if he doing the right or wrong thing.. I liked Greenspan at the time, but history will be the judge..
  20. Travis Junior Member

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    Huh? my point is again simple.. the cost of oil brings the prices of commodities and transportation up, so even if you dont drive you will still pay more for just about everything... thats inflation and is part of "the rising cost of oil" so its not a matter if "one actually drives themselves"
  21. kirksnosehair Disappeared into my Nostrils

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    Right and none of us here know that :rolleyes
  22. kirksnosehair Disappeared into my Nostrils

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    bring
    dont
    thats
    its
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  23. Travis Junior Member

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    did I mention Bernie? I certainly didnt.. Im not sure Id say he is "great" but thats another debate..
  24. kirksnosehair Disappeared into my Nostrils

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    didnt
    Im
    Id
    thats
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  25. Travis Junior Member

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    didn't you say " You didnt care, doesn't effect you? my simple point was about empathy and that it does effect you.
  26. Travis Junior Member

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    Karma.
    You
    should
    be
    nicer
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  27. wilcaz lying on the sofa of life

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    My, oh my. I am going to injure myself from facepalming.

    Most modern economists believe that inflation is, as Milton Friedman said, "always and everywhere a monetary phenomenon." We use modern active monetary policy to control the money supply and therefore inflation. The CPI, which measures inflation, includes a lot of things besides gas/oil, which is why despite rising fuel costs our inflation is basically zero, and there hasn't been a statistically significant correlation between oil prices and inflation for several decades.
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  28. Travis Junior Member

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    Tell me a product in the grocery that his not risen..due to the cost of transportation or packaging. simple question
  29. wilcaz lying on the sofa of life

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    I don't know, I haven't examined all the products in the grocery. Moreover, even if i did, it would be nearly impossible to determine the causes of every single price increase.
  30. Travis Junior Member

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  31. wilcaz lying on the sofa of life

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    Ok, read the next section:

    I commend you for actually posting a legitimate study, though.
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  32. Travis Junior Member

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    me and my wife do, and prices are going up quickly..companies have to answer to their stock holders and they will pass that cost onto the consumer.. nothing new there
  33. Travis Junior Member

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    Look at the date of the article.. trust me, its going up
  34. wilcaz lying on the sofa of life

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    So you linked me to an empirical study that has done seriously sophisticated statistical analysis on its variables, concluded that there is not a statistically significant relationship, and your argument against this is "trust me, it's wrong"

    http://data.bls.gov/pdq/SurveyOutputServlet?request_action=wh&graph_name=CU_cpibrief

    looks pretty stable to me, bud
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  35. Travis Junior Member

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    my point is that we are about to enter uncharted territory, we wont have the stats for some years.. but everyone is feeling it with their wallet. when gas hits 5 bucks over the summer if not higher , it will be in everyones face, nobody will be able to miss it. forget about inflation, many Co's will just close up.

    we have never had gas prices this high this ealry in the Spring, so I dont truly see how any stats are valid, but inflation is here..
  36. Travis Junior Member

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    Thats logic
  37. Bagelstein High Exalted Mystic Führer

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    Let's say gas prices do cause an increase on a very large portion of transported goods. I don't think its too unreasonable of a premise, but as I work in production I would take a good guess that most companies are changing their transportation practices and increasing efficiency in order to mitigate this cost. BUT REGARDLESS, how exactly is this inflation? I understand prices are increasing over a broad spectrum, but changes in currency supply and increasing costs aren't necessarily related just because they have a similar outcome. I would say the primary difference between the two is taht raising oil prices does NOT effect all goods and services equally. Therefore, if anything, rising oil prices will lead towards increased use of substitutes (like increased efficiency of vehicles or alternate shipping methods) which is beneficial towards the economy because it makes everything more efficient. This is a classic competitive model, the GOP should be all about letting prices go as they may.
  38. wilcaz lying on the sofa of life

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    Prices should go as they may. If there is a true supply/demand shock that is driving the price of oil up, efforts to mitigate the costs of rising energy, as you said, are simply methods of transferring the costs elsewhere. The only way the US government could "control" this would be to enforce regulations in a dramatically unprecedented way, which is not what we want.
  39. wilcaz lying on the sofa of life

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    I'd also like to point out that some of the information here seems to be misleading. The price of oil has gone down quite significantly in the last month

    https://www.google.com/finance?client=ob&q=NYSE:WTI

    Even a month ago we weren't even at 1/2 the peak price in '08.
  40. Bagelstein High Exalted Mystic Führer

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    Holy crap I just reread through some of Travis' posts. This is a joke account, its got to be. No one can honestly post a study, say its wrong, and them cite their afternoon trip to the grocery store as counter evidence. Travis, you've used the word "statistics" a few times in this thread, do you even have an inkling of wtf that word means??
  41. NikTh Do you know the way out?

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    http://www.conservapedia.com
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  42. wilcaz lying on the sofa of life

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    The Trustworthy Encyclopedia
  43. nfury8ing ส็็็็็็็็็็็็็็็็็็็(ಠ益ಠส็็็็็็็็็็็็็็็็็็็)

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    LOL. I guess this nigtarded fool doesn't even realize that A) we use far less gas than we have in a LONG time, and B) we now export more than we import.

    BUT IT'S TOTALLY OBAMA'S FAULT WE DON'T DRILL MORE.

    Here's a flying clue kiddo: Gas is up, because oil is up. Oil is up because of Wall Street speculators that you're too pussified to go after.
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  44. nfury8ing ส็็็็็็็็็็็็็็็็็็็(ಠ益ಠส็็็็็็็็็็็็็็็็็็็)

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    http://www.oil-price.net/

    Still very high. Granted, even at this price, we should only have ~2.5-3 dollars a gallon, but still.
  45. Technetium a 12-year-old girl showing her tits on stickam

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  46. Disappear idot

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    The irony, as others have pointed out, is that folks like Travis who complain the loudest about how high energy prices are destroying the economy are adamant against cap and trade policies, CAFE standards, appeasement of Iran, and sustainability initiatives. Add the fact that they are against banning speculation and SUVs and it's just more proof they don't really care and can afford to pay more at the pump.
  47. wilcaz lying on the sofa of life

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    I don't understand why conservatives oppose cap and trade policy. It's a free market solution to a serious problem--by far the best way to deal with industrial emissions.
  48. Kahless doesn't get 5/8

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    Because the redneck southern GOP base doesn't know anything about cap and trade except that the term "capping" sounds like the government enforcing price regulations on things. They don't research anything more than this.
  49. Disappear idot

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    I remember when Romney, in a ludicrous attempt to pander to these people, made the asinine statement that "it's not America-warming, it's global-warming." He actually backed cap-and-trade until then. Most of the GOP did til their base became more and more retarded and brainwashed by anti-green sentiment within the conservative media.
  50. kirksnosehair Disappeared into my Nostrils

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    Because OBAMA!!!!!!!!!!11!!111!!
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