Obama: "we can’t just drill our way to lower gas prices"

That's because of the left's continual obstruction.

So, the innovative spirit of the oil companies found other ways to get the oil out of the ground and that's called fracking, which is also hated by the obstructionist left.

And since 2008, oil production in the U.S. has increased by 50%.

 

Please show me anywhere in history........that with low oil prices...........American oil companies added wells?

Its time to cap them until the price comes up.

 

Since you can't support your claim, I accept your concession.

 

Here maybe youll believe your hero.
[video=youtube;rtDTinED1ks]https://www.youtube.com/watch?v=rtDTinED1ks[/video]

 

Why is it so hard to admit you got caught making (*)(*)(*)(*) up again?

 

Im not wrong. Ive provided you proof just like the last post of Nancy basically agreeing with me while she admits to manipulating the system to make her self rich.

What have you provided to the discussion? zip zero nada not even one link to support your unfounded accusations.

so spew on, and play your juvenile games. I got something better to do

 

Your claim was increasing gas prices caused the depression. You've been challenged to provide a consensus from economists supporting that moronic claim.

You have been dodging ever since, because you have once again gotten called out for making (*)(*)(*)(*) up.

 

and of course your comletely wrong, as usual.

Heres more than you deserve.

The Causes and Effects of High Gas Prices

 

High gas prices stimulate exploration, drilling and production...

 

Oh sure, but I dont think bankrupting the country is worth it.

 

Emerging markets have and will continue to increase demand.

 

Uh, what does that have to do with your claim that higher gas prices caused the depression?

Lol,

 

I think that the number on shale oil production is about 750,000 bpd.

 

Its an effect of high gas prices, duh....

You got your 1000 links to proof.

What more do you need now?

LOL

 

I need what I asked for. An economic consensus supporting your claim.

They seem to disagree with you. In other words, you made (*)(*)(*)(*) up and got called on it......again.

 

Not individual, but sectors.
And if energy is going to be down and your 401K manager invests in a down sector, you need a new 401K manager.
And most americans use more energy than they save in a 401K. So it benefits more americans.

 

Gas at the pump is still a bargain and WAAAAY behind (years behind) increases in healthcare, education, housing and automobiles....

Remember the oil business is a business for profit with steady profit margins of 6-7% over the past 40 years..

 

You are wrong....

Rick Santorum was wrong............

Cheap oil is bad........

 

I've been hearing that we're running out of oil my entire life...and yet we are pumping more out now than ever before...and we keep finding more and more reserves.

Besides, no one, as yet, has determined how much is really there and if more isn't being made inside the earth.

I swear, some people actually think a finite amount was created when the dinos died and that's all there is.....

 

Laughable. Not this meme again. Where do neo-cons think the oil drilled in the US goes? It goes on the International market.

 

Ignore the Russian troll

He already got his next ban anyway

 

No, It gets used here.

Oil is traded on an international market, but that doesnt mean our oil gets transported around the world.

 

I can assure you that Republicans know how the oil industry works........

Gulf oil goes straight to the refinery via pipeline.............

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Yes...........some does

 

Not for America it isnt.

Cheap oil is really bad for Russia
Cheap oil is really bad for Iran

 

Cheap gas proves obamas been telling lies the whole time, and the American government really can do things to help the average American. Furthermore, it clearly indicates that the cause of high prices for just about everything, is actually designed by the government, and they merely lie to the American people about it.