Should President Obama put an embargo on Oil over $50 a barrel?

Jump to Last Post 1-6 of 6 discussions (6 posts)
  1. Ken Barton profile image59
    Ken Bartonposted 12 years ago

    Should President Obama put an embargo on Oil over $50 a barrel?

    replyreport
  2. Rock_nj profile image91
    Rock_njposted 12 years ago

    Is that really practical?  Are you saying the U.S. will not buy oil over $50 a barrel?  Go luck finding any oil if you aren't willing to pay the market rate.

    replyreport
  3. nightwork4 profile image61
    nightwork4posted 12 years ago

    that would destroy your economy first off. secondly where would you folks get the oil if you aren't willing to pay what oil companies are asking? the U.S. is the largest consumer per capita by far over any other country in the world so you would have to completely change the way you live. completely.

    replyreport
  4. sam3m profile image61
    sam3mposted 12 years ago

    i'm not sure of the effects of an embargo.  short term prices should go down, but as soon as the embargo is lifted i believe prices would rise to more than make up for earlier savings.

    replyreport
  5. profile image0
    erikjohnsonposted 12 years ago

    OPEC takes advantage of the US everyday.  They sit in a room and say...OK the US is doing good.  Lets bend them over.  We need to take a stand against these guys.  The US has plenty of oil.  We need to start drilling for it.  We need to lay the lay with OPEC and stop letting them take advantage of us.

    replyreport
  6. vjwillisjr profile image60
    vjwillisjrposted 12 years ago

    We should stop importing oil all together. We should reduce imports by 5% per year until we no longer import it from other countries. We have all the oil we need. All we need to do is take it out of the ground. We would create 1000s of jobs, heal our economy, bring the trade deficit into balance, and quit being the pawn of middle eastern countries whose oil we buy.

    I think it is like someone who is an ice cream manufacturer going to Baskin-Robbins for a cone.

    replyreport
jump to first post
 
working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

 Necessary
 Features
 Marketing
 Statistics

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)