Comments on: President Obama: Rising Gasoline Prices Are Everyone Else’s Fault

By: TOM

TOM — Wed, 21 Mar 2012 22:10:17 +0000

JUST TELL THEM ANY CRAP MR PRESIDENT .- THEY WILL NOT
UNDERSTAND WHAT YOU SAY ANYWAY.-
YES THEY LIKE ,THEY LIKE ME, THEY REALLY ,REALLY LIKE ME

By: Charles R. Anderson

Charles R. Anderson — Tue, 06 Mar 2012 05:50:51 +0000

The Democrats are often making the argument that oil sells at the world market price and any added US oil production will simply have a vanishingly small affect on the world market price. This argument is nonsense. I have discussed this and many of the ways that Obama could take action to lower the price of gasoline substantially here: http://objectivistindividualist.blogspot.com/2012/03/us-oil-production-and-price-of-oil.html There are a dozen types of actions he might take in which the government is restricting and interfering with the private sector development of oil exploration, development, refining, blending, distribution, and industry taxation and uncertainty.

By: Benjamin Gitlow, Jr.

Benjamin Gitlow, Jr. — Mon, 05 Mar 2012 15:44:02 +0000

Charles Pierce makes clear that if the premises are wrong then logic leads to wrong conclusions. President Obama and his administration persistently assume false
premises to justify their actions. A glaring example is their quoting CBO estimates to claim vast savings for “obama care” when CBO is required to use the assumptions used in the legislative act. This may be good lawyering by being selective with facts but leads to false claims. If as Obama seems to assume the federal government will continue to restrict oil discovery and development then he can make his outlandish statements. I believe if Obama used the data in the United States Geological Survey he would find that the US has vast potential reserves.

By: President Obama: Rising Gasoline Prices Are Everyone Else’s Fault | JunkScience.com

Mon, 05 Mar 2012 03:29:37 +0000

[...] Cooler Heads Share this:PrintEmailMoreStumbleUponTwitterFacebookDiggRedditLike this:LikeBe the first to like this post. This entry was posted in Development, Economics, Oil and gas and tagged gasoline prices. Bookmark the permalink. ← Naomi Klein: ‘If You Take Climate Change Seriously, You Have to Throw Out the Free-Market Playbook’ [...]