Thread: $3.35 a gallon
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Old March 11th, 2012, 10:29 AM   #321
Alex
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Quote:
Originally Posted by Xoulrath View Post
It is funny, though, how the media and the left constantly called Bush and Cheney "oil men" raising gas prices to line their pockets.
That's not all that was said then.

Quote:
Originally Posted by Xoulrath View Post
Now, that Obama is in office, all we see are reports about how great rising gas prices are. Hmmm.
And this certainly isn't all that is said now.

Quote:
Originally Posted by Xoulrath View Post
First of all, I didn't bother to read your ridiculously long, though I am sure informative, post.
Then you bothered to respond to it, umm, why?

Quote:
Originally Posted by Xoulrath View Post
Yet, when there are real facts on the table (to be certain, the GOP has some "interesting" facts from time to time), a typical leftist politician, potential politician, or internet poster commenting on politics will simply dismiss the evidence if it does not fit his or her agenda.
FTFY.

What it comes down to is that while politics is always going to be somewhat intertwined with the oil industry, the larger truth is that virtually all political leaders and wannabe leaders don't have the foggiest clue about how the industry actually works, how the economics of it function, are even foggier still on how to affect those economics in a way that would be politically beneficial for them or their constituents. It's not a right/left thing, it's a "use whatever ammo you can make up, regardless of how silly it makes a politician sound, as nobody understands the facts anyway" to attack those whose power you want to obtain.

I think some good background reading on all of this was linked in Trixter's post above,

Quote:
”Rising Gasoline Prices 2012,” Congressional Research Service (R42382), March 1, 2012, by Neelesh Nerurkar and Robert Pirog <http://www.fas.org/sgp/crs/misc/R42382.pdf>
which does a reasonable job at laying out the situation, and letting the reader come to their own conclusions on what they would want to push their representatives for.

But to stoke the right vs. left vs. everybody else fires just a wee bit, it is comical to watch the clips of the Fox talking heads describing in detail why the president of the US and/or just about any politician is not responsible for and has little control over oil and gas pricing. It's just that you have to go back to 2008 for them. (if one doesn't have 5+ minutes, just watch from 4:45 onwards, it sums it up just fine)

Link to original page on YouTube.

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