Yukishiro1 posted:
Kamdar posted:
Are you doubting that the President has ANY say so over the price of gas?
Not directly of course, indirectly.
Of course not. If Obama decided tomorrow to release the national reserves he could bring prices down a couple cents. He could do some stuff to drive prices up a few cents too.
But that's it. A few cents. And the idea that gas prices are higher because Obama supposedly said he didn't mind high gas prices is stupid in the extreme.
Blaming Obama for high gas prices is like blaming Croatia for world CO2 emissions. Bstulic and all his countrymen could kill their donkeys and walk to and from their yurts instead and that would make about the same difference to world CO2 emissions as Obama makes a difference to gas prices.
When both the President and Energy Sec BOTH state they dont mind seeing higher gas prices, this of course has an effect. This causes the oil speculators to dream up that maybe, just maybe there is going to be a shift in his policy. They see Obama not allowing the Keystone pipeline ( due to enviromental issues ) . They see a ban on offshore drilling. Of course they are going to speculate that oil will be higher..and therefore gas prices.
To think otherwise is stupid. If the President tomorrow made a speech about how he thinks that toilet paper needs to be made from more paper and less cardboard, you would see an increase in paper prices..and lumber, etc.
What ANY President states during a speech has huge ramifications on the economy.
Remember 2-3 years ago where everytime he made a speech the stock market got rocked?
-----signature-----
Does your ass get jealous of the shit that comes out of your mouth?
Obama 05 "Congress having to raise the debt ceiling shows the utter failure that is Pres Bush"
Obama '11 " Congress NOT raising the debt ceiling shows the utter failure that is the
R
