What will Obama do if/when gas goes back up?

[loumeinhart 0]

Economy/Futures experts agree that as the world economy recovers so will demand for oil. When gas was close to 5/gallon here in Ohio politicians were in an uproar over Evil Big Oil and were proposing windfall profits taxes etc etc..

IF gas approaches 5/gallon in the next 3 years, what will Obama Admin do?

-A subsidised gas voucher program?
-A tax on oil profits?
-Nothing?
-More stimulas for hybrid/electric car purchases?

--anything else you can think of?

[Lucky... 0]

-A tax on oil profits?

-More stimulas for hybrid/electric car purchases?

I say these.

[mnealtx 0]

Duh - blame it on Bush, of course!

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[Lucky... 0]

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Duh - blame it on Bush, of course!

No, no ,no, I won't hear of it, Bush was a gem. Pls don't change; I want my guys in for the longest possible time.

[loumeinhart 0]

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blame it on Bush, of course!

That would be tough because the oil price plummeted during the last few months of the Bush Admin.

[Lucky... 0]

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blame it on Bush, of course!

That would be tough because the oil price plummeted during the last few months of the Bush Admin.

Did the oil prices have anything to do with Iraq? I think so, as they doubled during the Gulf War. Who's fault was teh Iraq War?

[loumeinhart 0]

I agree, some sort of new tax on oil companies. Can we tax all companies that are selling here or only local US companies like Chevron, Crown Central, Devon, etc

wait I'm confusing myself. Can we tax BP? Or is it just a sales tax.. or can we impose a sales tax on anyone selling petro here but only impose a corporate tax on US-based companies?

help me!!

[Lucky... 0]

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I agree, some sort of new tax on oil companies. Can we tax all companies that are selling here or only local US companies like Chevron, Crown Central, Devon, etc

wait I'm confusing myself. Can we tax BP? Or is it just a sales tax.. or can we impose a sales tax on anyone selling petro here but only impose a corporate tax on US-based companies?



help me!!

I dunno, I guess I would have to know more about what they pay now, what other nations tax them on, etc. But we have to raise taxes on a lot of things and become less addicted to oil at the same time for meore reasons than just money. We are very lucky to have a president that is for this.

[loumeinhart 0]

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Did the oil prices have anything to do with Iraq? I think so,

Uh I disagree with you.. We were in Iraq long before the prices spiked to 140/barrel in late 08 then instantly tanked.

I'm a FIRM believer in demand dictating price.

I agree with you that instablilty in a region that supplies oil (iraq war) can increase price but what I'm interested in is what Obama Admin is going to do when the price goes back up.

And I think you and I agree.. Profit Tax and some kind of cash-for-gas-guzzlers program.

[rhys 0]

When the American people can embrace the change Obama wishes for, he can then make such changes.

With such violent opposition from a huge proportion of the population, it is a tug of war for him.

He has to tread lightly while moving as fast as he can.

Your country and the world is not in depression, the economy is beginning to flourish again...

...such violent opposition to his actions earlier on in the piece were in vain I suppose?

In a few years electric motors will be more popular than internal combustion, thew gas generator will still be around for a while but oil, is not necessary.

It is not necessary but it has remained prominent due to monopolies and greed, this greed is currently transferring its efforts into establishing a way to sell this power to the people.

Oil is so ingrained in our society, it will take many decades or centuries to become obsolete but in time it will.

Synthetic oil will only be profitable while demand is high, once a replacement is established the demand will decline, and the price will drop...

This is not Obamas job, His job is to keep your country working, it is the job of the American people to pull their heads in and change for themselves.

Big cars and big houses and big meals and big drinks and big estates means a wast of resources and uneven distribution of wealth.

The suggested 'American Dream' is the real culprit. It was established by those that make all the cash and your desires are laid out for you.

It is not possible for 300 million people to have such lavish properties and live as easy as the American dream requires.

Companies will provide for you what you desire, it is in their best interests to make the easiest thing and make you want it more than the more difficult thing.

The people hold the real power, but the influence of those that wish to persuade you to desire their product is overwhelming in most cases. Combined with similar influences from self proclaimed Illuminati, the evil and greedy have the world eating out of the palm of their hand.

Obama has managed to keep the USA out of the shit, so far...

Now do your part...

"When the power of love overcomes the love of power, then the world will see peace." - 'Jimi' Hendrix

[loumeinhart 0]

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become less addicted to oil at the same time for meore reasons than just money. We are very lucky to have a president that is for this.

Oil is involved in roughly 80% of all manufacturing worldwide. It's in everything. plastics/polymers/air travel/food production/communication/robotics/healthcare/ you name it.

How the fuck am I "addicted" to oil? Because I like the rubber case on my Iphone? My 05Malibu? My sabre2 parachute? My FOX 285? My TV? My furnace heating my house? My waterproof boots? My watch?

Oil is in everything and if Obama wants to "get out of oil" then he should simply sign legislation to make oil illegal in the US. !!

[loumeinhart 0]

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In a few years electric motors will be more popular than internal combustion,

I can't wait to see that 737 outfitted with electric motors just humming through the sky!!

[loumeinhart 0]

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With such violent opposition from a huge proportion of the population, it is a tug of war for him.

like in pittsburgh? Where his constituents ruined property?

Or in DC when Republicans gathered and there wasn't a single piece of litter on the ground afterward..

Violent Opposition??? From CNN? MSNBC? NPR??

Tug of war my ASS he doesn't need a SINGLE FUCKING REPUBLICAN VOTE ?? Do you understand what that means ?? His admin can draw up whatever they dream and vote it into law without a single republican participating. :)

Um thank you

[shropshire 0]

Laugh at all of the morons driving low m.p.g cars

(.)Y(.)
Chivalry is not dead; it only sleeps for want of work to do. - Jerome K Jerome

[loumeinhart 0]

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Laugh at all of the morons driving low m.p.g cars

Good for them! they're saving money at the pump! As do I and keeping the freeway speed at +/-60 saves a lot on gas. Several airlines increased their travel time by mere minutes saving thousands on fuel by going a little slower. I think that's great!

[Lucky... 0]

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Uh I disagree with you.. We were in Iraq long before the prices spiked to 140/barrel in late 08 then instantly tanked.

Nope. Gas prices spiked with the Gulf War and immediately with the Iraq War: http://zfacts.com/p/35.html

It crashed as the market crashed, so that probably had a lot to do withthe crashing, but prices still aren't back to pre-Iraq War times. The Iraq War has plenty to do with it.

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I'm a FIRM believer in demand dictating price.

Don't forget the supply side and collusion.

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I agree with you that instablilty in a region that supplies oil (iraq war) can increase price but what I'm interested in is what Obama Admin is going to do when the price goes back up.

When? How are you sure they will? Not saying they won't, but how can you asssure they will?

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And I think you and I agree.. Profit Tax and some kind of cash-for-gas-guzzlers program.

Or just tax gas more so the guzzlers pay that way. But income and corp profit taxes need to virtually double.

[Lucky... 0]

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become less addicted to oil at the same time for meore reasons than just money. We are very lucky to have a president that is for this.

Oil is involved in roughly 80% of all manufacturing worldwide. It's in everything. plastics/polymers/air travel/food production/communication/robotics/healthcare/ you name it.

How the fuck am I "addicted" to oil? Because I like the rubber case on my Iphone? My 05Malibu? My sabre2 parachute? My FOX 285? My TV? My furnace heating my house? My waterproof boots? My watch?

Oil is in everything and if Obama wants to "get out of oil" then he should simply sign legislation to make oil illegal in the US. !!

Well isn't that a bit dramatic and radical? We willnever be w/o oil in our lifetimes, but we need to quit using 25% of the world's oil, that's what Obama means.

[Lucky... 0]

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In a few years electric motors will be more popular than internal combustion,

I can't wait to see that 737 outfitted with electric motors just humming through the sky!!

They're working on a synthetic blend of jet fuel. It will be a slow process, but one that needs to start now.

[Lucky... 0]

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With such violent opposition from a huge proportion of the population, it is a tug of war for him.

like in pittsburgh? Where his constituents ruined property?

Or in DC when Republicans gathered and there wasn't a single piece of litter on the ground afterward..

Violent Opposition??? From CNN? MSNBC? NPR??

Tug of war my ASS he doesn't need a SINGLE FUCKING REPUBLICAN VOTE ?? Do you understand what that means ?? His admin can draw up whatever they dream and vote it into law without a single republican participating. :)

Um thank you

Lieberman; do you know what that means? He's the so-called Dem, so-called indep that was voted in by 2/3 R's and votes that way on all the big issues, so a fillibuster is very possible.

The sky isn't falling.

[loumeinhart 0]

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Well isn't that a bit dramatic and radical? We willnever be w/o oil in our lifetimes, but we need to quit using 25% of the world's oil, that's what Obama means.

Actually it's not dramatic or radical. The world runs on oil, like it or not. If you have a viable alternative that is more cost effective bring it on!

[Lucky... 0]

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Well isn't that a bit dramatic and radical? We willnever be w/o oil in our lifetimes, but we need to quit using 25% of the world's oil, that's what Obama means.

Actually it's not dramatic or radical. The world runs on oil, like it or not. If you have a viable alternative that is more cost effective bring it on!

There are several, we are exploring them and we better do it fast for environmental, fisccal and world reliance reasons. The last turd thought oil forever was just great.

[loumeinhart 0]

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There are several, we are exploring them

which ones? Cars that run on steam or solar panels?

I'm exited to know! Tell me! Tell me!

[Lucky... 0]

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There are several, we are exploring them

which ones? Cars that run on steam or solar panels?

I'm exited to know! Tell me! Tell me!

Electric. Didn't Obama send a few Billion to electric car development? And someone just posted a thread about nuclear power facilities. I think some interest is in alternate fuels, but mostly electric, that will be the bridge to alt fuels, as they will take longer.

[loumeinhart 0]

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Electric.

Where do I charge my battery?

[Lucky... 0]

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Electric.

Where do I charge my battery?

I envision gas stations having battery swaps or charging. In fact there may be battery stations, but the automakers will have to standardize so people can swap out. Also, they need to get battery technology to give us 200 miles per charge and not have to drag 30 batteries around. Alos, places that need A/C are gonna have a tough time as it drags big time. So we're a ways away, but a great start, don't you think?