Conservative Political Forum

General Category => Financial => Topic started by: Holly101 on February 19, 2012, 05:40:35 PM

Title: Domestic production eyed as gas prices head toward record-breaking height
Post by: Holly101 on February 19, 2012, 05:40:35 PM
President Obama's re-elect team defended White House energy policy on Sunday as gas prices shoot toward the $4 mark and beyond, a level that could devastate voters' pocketbooks as well as Obama's chances for a second term.

Nationally, gas prices are $3.53 a gallon, up 25 cents since Jan. 1, and likely headed to $4.25 a gallon by late April. Republicans have demanded more oil production at home, as well as building the Keystone XL pipeline across the middle of the U.S. to allow oil from Canada to reach Texas refineries.
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But John Hofmeister, former CEO of Shell Oil and founder of Citizens for Affordable Energy, told Fox News that oil production today is only 7 million barrels per day when it used to be 10 million per day.
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"The failure of the United States of America, the world's largest consumer, to adopt government policies to enable domestic production to increase and meet these conditions has been nil, nada, nothing, and that is unfortunate for American consumers," Hofmeister told Fox News.
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Hofmeister, who supports increasing biofuel and natural gas production from 3 million to 4 million gallons daily and the development of more fuel-efficient cars, particularly using the know-how of an internal combustion engine, said it's "almost too late" to get the U.S. back on path toward reasonable prices.

And while Gibbs, who appeared on ABC's "This Week," acknowledged that "there are no magic bullets," he said the president is focused on an "all-of-the-above energy policy."

"We're going to have to do all of these things:  We're going to have to look for more energy here at home. We're going to have to conserve energy. We're going to have to make the energy we use more efficient. All of those things will help us get ahead of this problem," he said.

Read more: http://www.foxnews.com/politics/2012/02/19/domestic-production-eyed-as-gas-prices-head-toward-record-breaking-height/#ixzz1msjHV0M9 (http://www.foxnews.com/politics/2012/02/19/domestic-production-eyed-as-gas-prices-head-toward-record-breaking-height/#ixzz1msjHV0M9)
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I can't believe this administration can tell these kinds of lies and expect us to be dumb enough to believe it. Tell me...how can we "get ahead" of the problem when the president stops any kind of drilling or pipeline or what-ever?
Title: Re: Domestic production eyed as gas prices head toward record-breaking height
Post by: Solar on February 19, 2012, 05:47:37 PM
Libs will only hear one thing out of this, the big lie as you stated.
Quote"We're going to have to do all of these things:  We're going to have to look for more energy here at home. We're going to have to conserve energy. We're going to have to make the energy we use more efficient. All of those things will help us get ahead of this problem," he said.

They will post this as if it were true and believable and believe it themselves.
Title: Re: Domestic production eyed as gas prices head toward record-breaking height
Post by: Dan on February 20, 2012, 08:18:02 AM
Real infalation, not the BS number that is published, but one that reflects food, fuel and healthcare costs will be a serious headwind for Obama's reelection. That along with real unemployment, not the BS number that is published, but the actual number of people without a job now vs when he started.

The left is doing everything they can possibly imagine to cook the books in Obama's favor but you can only spin BS so far. Everyone sees the Obama failures for what they are.
Title: Re: Domestic production eyed as gas prices head toward record-breaking height
Post by: Dan on March 13, 2012, 04:44:55 PM
Obama's approval numbers are dropping and his disapproval numbers are shooting up primarily due to the reaction to gas prices going up.

This highlights his failures such as the volt, shuttimg down gulf drilling and the keystone pipeline.