A line of B.S. regarding price of gasoline

[Marine A5 Sniper]

...The only was polititans can affect the price of gas would be to nationalize the energy companies. That will never happen.

Let's hope not. We own those companies (investors like unions and school boards), and if they are nationalized, the cost of gas would soar like eagles. Our government owns and runs no business, would you want them running our energy companies? That would be a true disaster, and it would not lower oil prices.

jt

[JohnMOhio]

Lets face it, everytime the Governement gets involved in a project, the know it alls screw it up. If the Governement only let the companies do their "thing" we would be better off. However, I also have doubts since so many seem to be only out to please the stockholders with a cheaper product, made outside the USA and priced accordingly. Soon we will not be able to purchase anything because no one has any money to buy, we just comsume and don't produce. That is intellectual property and eventually that gets licensed outside the USA.

Is it because of our consumer greed that we have arrived at this fork in the road? Our higher standard of living allowing us to puchase more things that are not a basic staple but a luxary, that then becomes a basic staple we can't get along without? Meanwhile the rest of the world just tags or shall I say lags behind trying to catch up. When they do, our people then need something else to "make us happy" and make our life more pleasurable. LIke it never ends, we have to have the latest and the best at all times. Is this also something we are passing or have already passed onto out children. Therefore it is the "give me now" generation, instant gradification of material things?

Have we ourselves to blame for wanting our children to have it better than we did. Question might be, how much better?

[Weasel]

It’s called supply and demand. Obummer has taken away our supply, he's hung up on green energy. That is our green.

[Vern Humphrey]

The "esteemed" President states that the answer to the higher price of gasoline is to have more fuel effectient vehicles.

And somehow no one in the media thinks to ask the obvious question, "Mister President, how can people who don't have jobs afford to buy new cars?"

[dave]

The higher world wide production is, the lower prices will be, and the US is part of that production. That is why when prices fall the big exporting countries will cut back production, or threaten too! Thats when speculators cause price to go up. And by the way, Bush did open drilling off the east and west coasts, Obama closed them down again---and BP gave him the excuse to shut the gulf down. The Demo's alway say increased production in the US will take 10-20 years before price will come down (of course they have been saying that for 10-20 years). But actually the price will start to fall right away, the spectulators again!

[Vern Humphrey]

Amen.

When they say it will take ten to twenty years to get prices down through increased production, my answer is, "Why didn't you get off your dead a$$ ten or twenty years ago, then?"

[Marine A5 Sniper]

Riddle me this - I had a temp job at Walmart selling electronics. I worked from 10:00 pm to 7:00 am, and I sold an average of $3200 of cell phones each night. The prices ranged from a few hundred to $700+ for a Droid or other smart phones. I sold these phones to kids for cash. I don't recall a single adult buying a phone. I had kids buying very expensive cell phones at 2:00 am in the morning. First, I have no idea why so many kids are out that time of night in a rural community, and I have no idea where they got the money to buy these phones, plus the additional cost of service, which was generally around $100 per month. Obviously, kids don't seem to be affected by the depression.

jt

[dave]

Another thing about gas prices---all you guys that say oil companies are making a fortune, so they must be over charging, do not know what you are talking about! Yes, millions (or billions) but they sell alot of gas and other products. They make 6.7 cents on the dollar of sales, Apple , for just one example makes over 20 cents per dollar. Of about 6-10 companies Apple was typical. And they keep saying the oil comp. get millions in "subsidy's". Not true, they get tax breaks, the same ones many other companies get, like GE for instance!

[JohnMOhio]

I can understand that Dave, it is what happens when a comodity like fuel, that is needed to move the everyday needs of the family. When the cost of fuel goes up, so does everything else, especially food prices. If you have not done the grocery shopping, ask your other half about the changes in pricing over the last year. Or last three years. Then compare the price increases as a percentage as compared to the price increase of fuel to get it to market.

Also, what is the percentage of pricing increase in products have you seen, and compare that to the income you have. What was you percentage of income was increased to handle the whim of the speculators. Everything in the world all comes down to the cost of fuel, either in getting something from one place to another or consumption of energy to produce the product. Our world is still in the industrial age of manufacturing. Some countries more than others, we know that. As each country advances in its standard of living, the consumption of fuel will increase regardless of what kind it is.

Question is, How does the USA stay the leader? How do we continue, if we can, to deliver what has been in the past, the generosity of our country in helping others? Out country has been overly generous, maybe for to long.

[Weasel]

Come on guys look at the bright side. The higher the price of gas goes before the first of Nov. the greater the chance Obummer will be going in 2013.