Political Hippo Circle Jerk - America, farg YEAH!

Hawk · October 18, 2012, 08:02:51 PM

Not to mention...

"In 2008 under President Bush, there were a total of 55,085 oil and gas leases in effect on federal land. In 2011 under Obama, there were just 49,174, a decrease of 11 percent. In 2008 under Bush, there were 47.2 million acres of federal land under lease. In 2011 under Obama, there were just 38.5 million, a decrease of 19 percent. In 2008 under Bush, the federal government approved 6,617 oil and gas permits. In 2011 under Obama, the federal government approved just 4,244 permits, a decrease of 36 percent."

Munson · October 18, 2012, 08:10:14 PM

Prices of commodities are going up all over the world due to monetary policy from not just us, but other countries (like China). We could talk about how Obama doesn't have any control over the Fed and how we could avoid needing QE by passing a government stimulus instead and how there's one party that's not allowing that to happen....

But regardless, the overall demand for oil around the world means we aren't seeing prices go much lower for the duration of oil being the main source of fuel.

Is anyone else going to explain to Hawk that all of those numbers did not lead to a decrease in fuels produced? And isn't Obama's big government EPA supposed to be crushing private production too? What a world, what a world.

Hawk · October 18, 2012, 08:18:16 PM

Is anyone going to explain to Munson that the price of gas wasn't low in 2008 because the economy was in a recession??

And perhaps one of the reasons the dollar is so weak is because of all the fed pumping that's gone on over the last 4 years?

New Poll has Romney up 4 in PA... there must be a meltdown going on over on MSNBC.

Diomedes · October 18, 2012, 08:45:00 PM

Quote from: Munson on October 18, 2012, 08:10:14 PMIs anyone else going to explain to Hawk ...

No man, unfortunately it's down to you. Thanks for falling on this particular grenade, but could you maybe fight the good fight in fewer words and posts? Thanks.

Munson · October 18, 2012, 08:48:16 PM

Quote from: Diomedes on October 18, 2012, 08:45:00 PM
Quote from: Munson on October 18, 2012, 08:10:14 PMIs anyone else going to explain to Hawk ...

No man, unfortunately it's down to you. Thanks for falling on this particular grenade, but could you maybe fight the good fight in fewer words and posts? Thanks.

lol. I hate you Dio

ice grillin you · October 18, 2012, 09:34:01 PM

barry smashing it at the al smith dinner

"i was so well rested for the second debate because of the nap i took during the first debate"

"i learned there are worse things you can do on your anniversary than forget to buy a gift"

"unemployment rate is the lowest since i took office.....i dont have a joke here"

"mitt is his middle name....wish i could use mine"

Diomedes · October 18, 2012, 09:41:09 PM

ha, those are great lines

Munson · October 18, 2012, 09:50:30 PM

Romney was pretty funny too to be fair

But yeah these guys are much more likable when they're not, you know, being politicians.

Eagles_Legendz · October 18, 2012, 11:14:00 PM

hawk, no offense, but you're retarded.

Gas prices in September 2008 were $3.76. Gas prices in November 2008 were $1.87. Did Bush have a drastic change in policy which impacted oil prices? Did anything happen in October of 2008 perhaps? Oh, that's right, the banks failed. Gas prices don't just fall by 50%. The economy collapsed, banks collapsed, gas prices plummeted. The end.

Munson · October 18, 2012, 11:18:06 PM

Not uh, see hawk already said...

Quotethe price of gas wasn't low in 2008 because the economy was in a recession

So obviously, he's right. Hannity said so.

Hawk · October 18, 2012, 11:33:15 PM

Quote from: Eagles_Legendz on October 18, 2012, 11:14:00 PM
hawk, no offense, but you're retarded.

Gas prices in September 2008 were $3.76. Gas prices in November 2008 were $1.87. Did Bush have a drastic change in policy which impacted oil prices? Did anything happen in October of 2008 perhaps? Oh, that's right, the banks failed. Gas prices don't just fall by 50%. The economy collapsed, banks collapsed, gas prices plummeted. The end.

When Bush entered office in January 2001, the price was $1.47 per gallon

Bush inherited a recession.

http://gasbuddy.com/gb_retail_price_chart.aspx

When gas hit 4 dollars under Bush people went nuts, when it stays at 4 dollars consistently under Obama, it's acceptable.

I'd say it's "Not Optimal."

Munson · October 18, 2012, 11:34:41 PM

inflation...BRICs demand for oil higher......nevermind.

Hawk · October 18, 2012, 11:36:34 PM

Quote from: Munson on October 18, 2012, 11:34:41 PM
inflation...BRICs demand for oil higher......nevermind.

Inflation brought on by the feds pumping money.

Definitely "not optimal."

Hawk · October 18, 2012, 11:42:47 PM

Also, when since 4 dollar gas prices are the new norm, does that mean the economy is booming?

Munson · October 18, 2012, 11:44:04 PM

No. The first round of QE didn't happen until after that September 2008 price cited.

Before that, inflation was occurring at what many economists will tell you is the optimal rate of growth for an economy...2.5% or so (And I'm pretty sure that's on the low end of optimal growth)

Forget it...you're a moron for trying to compare the price of gas in 2000 to the price of gas in 2008, or 2009, or 2012.