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Obama: Can't drill our way to lower gas prices

  1. profile image0
    JaxsonRaineposted 5 years ago

    This is the man in charge of our nation, saying that an increase in supply won't have an effect on the price of gas?

    1. Evan G Rogers profile image76
      Evan G Rogersposted 5 years agoin reply to this

      All this talk about increased gas prices is complete nonsense.

      Gas costs 16 cents.

      A silver dime is worth about $2.50 today, and if we just stuck with silver and gold as our currency, gas would actually be about 3 times cheaper than it was in 2006.

      Watch from 1:55

    2. Wayne Brown profile image85
      Wayne Brownposted 5 years agoin reply to this

      The mission is to force the embrace of alternative concepts by making it too expensive to afford what is there and workable. Government Motors just shut down the assembly line for the Volt for at least five weeks to draw down dealer inventories....folks looking for an "economical car" are apparently not in the market for a $40,000 one even when it has $8000 in government rebates attached to it. This is what happens when we force the point rather than allowing products to find their own level in the market.

      1. kerryg profile image88
        kerrygposted 5 years agoin reply to this

        Fossil fuels receive 6 times the subsidies given to alternative energy and you think they "find their own level in the market?" That's hilarious.

  2. Cassie Smith profile image71
    Cassie Smithposted 5 years ago

    He really means won't.  Clearly, because of his ideology he wants to force Americans to use alternate means of energy no matter how expensive and inefficient it currently is.

    1. profile image0
      Brenda Durhamposted 5 years agoin reply to this

      You hit the nail on the head!

    2. profile image0
      JaxsonRaineposted 5 years agoin reply to this

      What's the problem with allowing oil production in the US...


      working on alternative energy sources?

      Can we not multitask in this nation?

    3. profile image0
      JaxsonRaineposted 5 years agoin reply to this

      It's because liberals think it has to be a crisis to get what they want done.

      Gas has to be a crisis or no alternatives will be developed.

      When the truth is, it only hurts the average American.

  3. profile image0
    Mtbailzposted 5 years ago

    It all depends on how much supply is entering the market. If, percentage wise, it isn't much than there won't be much of a difference at the pumps. If there is a large percentage entering the market then you might see something. Could we end up at $2.50 like Gingrich proposes; probably not. However, even if we were to bring prices down, is it worth the destruction it might cause later on? Global Warming is more and more noticable and might cost us more money in the future if we aren't willing to pay for higher gas prices now.

    1. profile image0
      JaxsonRaineposted 5 years agoin reply to this

      Interestingly enough, I just put up a post about global warming.

      That being said, we have enough oil in the US that we could impact our gas prices quite a bit, and the more we get off gas, the more we could export oil, which would be a great help to our economy.

      1. profile image0
        Mtbailzposted 5 years agoin reply to this

        Maybe then, but I'd rather not deal with the environmental issues later.

  4. lovemychris profile image55
    lovemychrisposted 5 years ago

    Gas prices are high due to the speculators on Wall Street.

    And BiBi's insanity.

    We do  not have to destroy our natural environment for fuel....Tesla had the formula for free energy...they still have it.

    The crooks are hiding it to ensure higher prices...just like they pay farmers not to grow, and have warehouses full of food they don't relase to keep the prices up.

    We are going to have to be hit with a sledge-hammer before we change.

    There is plenty enough of everything to go around....geeee, I wonder who wants to keep it the way it is now?

    1. profile image0
      JaxsonRaineposted 5 years agoin reply to this

      It always ends up being blamed on some semi-anonymous group. I can guarantee that it has nothing to do with speculators on Wall Street. Every investor could short oil with every dollar they have, and they would lose it all. They're not the ones making the changes, they are just riding the waves.

      Really? Come on. There is no such thing as free energy.

      I agree with the food crap. We need to get Mansanto out of our food industry, and the government to reduce their control.

      But as far as oil, it's not hurting anyone. Our governments are lying about global warming, and you can actually pull charts from NASA from different years that show they have been changing historic temperatures to make it look like we are getting hotter than we are.

  5. lovemychris profile image55
    lovemychrisposted 5 years ago

    PLENTY of experts disagree with you. And it ALWAYS comes down to wall street....all of it.

    "He who controls the wealth of a nation, controls that nation"

    Yes..there is free energy...the military has gobs of techno stuff they don't release...remember what they say: anything we see in the world of technology...the military is 50 yrs ahead.

    And I believe global warming is real...this planet has been decimated by industry.

    1. profile image0
      JaxsonRaineposted 5 years agoin reply to this

      Oil is an international currency, traded on international markets. China, for instance, has $3 trillion in forex holdings, and a $300 billion forex 'bully' fund. They could counteract all of Wall Street by themselves.

      Every central bank has a tremendous amount of money that they use to protect their interests, in currency, metals, and oil.

      It's not Wall Street, it's an international game.

      You're saying that everything we know of physics is wrong. Do you have any proof?

      As far as the military being ahead, who knows. But, we have no reason to say that all of science is wrong.

      Did you look at my post on it? Did you look at how NASA has manipulated the data?

      In 2000, they were saying that we were still in a cooling trend. Now, they say 2000 was a record-setting warming trend.

      1. profile image54
        passingthewordposted 5 years agoin reply to this

        They are Just Like Mitt Romney, Always changing their minds.

        Whatever Crap the People are causing should not question how Great the United States of America is. It is the Greatest!!!!!!!

        1. profile image0
          JaxsonRaineposted 5 years agoin reply to this


      2. lovemychris profile image55
        lovemychrisposted 5 years agoin reply to this

        The United States Military believes global warming is real, and a threat to our security. They are acting accordingly.

        Money rules the world, has no conscience for pain and suffering.
        Our lusting after it and to-the-death-battle to hold on is the root of all the worlds troubles.

        Let go of the greed......we don't have a problem!

        http://www.military.com/NewsContent/0,1 … 19,00.html