I can now say that there is at least one issue that I agree with Obama. The Clinton/McCain proposals are temporary at best, likely ineffective, and detrimental at worst.

We've discussed this before but Hillary is taking a lot more heat than McCain because she's in the middle of a contentious primary. At least she's proposed a way to pay for her proposal. I don't like her proposal but McCain has said nothing about how he would fund his.

Not sure. From what I have read, it said that if we have a gas-tax holiday, OPEC will simply raise their prices. I am asking for an economic reason because I can't think of one.

 

I can't see any reason OPEC would raise their prices due to a tax holiday. They can raise them whenever they want as it is, so long as they aren't undercut by other producers who negatively affect global demand. If anything, a tax holiday would increase American consumption over the summer. I don't see what OPEC has to do with it. Interestingly, Clinton says she will break up OPEC if elected.

What will resonate with Indiana voters is that Obama's spiritual mentor is a racist, his position on the issues are not much different than Hillary's, so why take a chance on a potential Trojan Horse who looks down his nose at rural and small town voters?

 

Ha. Advice on candidate selection coming from someone who was wooed by the faux conservative responsible for saddling this country with trillions of debt, an inextricable quagmire in the middle east, and holds the all-time record disapproval rating.

 

Maybe, based on track record, the voters in Indiana should do exactly the opposite of what you're recommending. :lol:

I can't see any reason OPEC would raise their prices due to a tax holiday. They can raise them whenever they want as it is, so long as they aren't undercut by other producers who negatively affect global demand. If anything, a tax holiday would increase American consumption over the summer. I don't see what OPEC has to do with it. Interestingly, Clinton says she will break up OPEC if elected.

 

 

OPEC doesn't set price, it sets production targets. If the price of gasoline is reduced in the U.S., consumption will increase, which will ultimately drive up the price of crude oil. Without lifting a finger, OPEC will automatically become the beneficiary of a boost in revenues, courtesy of the U.S. government.

OPEC doesn't set price, it sets production targets. If the price of gasoline is reduced in the U.S., consumption will increase, which will ultimately drive up the price of crude oil. Without lifting a finger, OPEC will automatically become the beneficiary of a boost in revenues, courtesy of the U.S. government.

 

:thumb:

OPEC doesn't set price, it sets production targets. If the price of gasoline is reduced in the U.S., consumption will increase, which will ultimately drive up the price of crude oil. Without lifting a finger, OPEC will automatically become the beneficiary of a boost in revenues, courtesy of the U.S. government.

 

:thumb: Thanks a lot H, that makes sense.

 

BTW, H, from your article, I think that, if I was a Democrat, Clinton just secured a vote for Obama from me for this gem:

`I'm not going to put my lot in with economists

Ha. Advice on candidate selection coming from someone who was wooed by the faux conservative responsible for saddling this country with trillions of debt, an inextricable quagmire in the middle east, and holds the all-time record disapproval rating.

 

Maybe, based on track record, the voters in Indiana should do exactly the opposite of what you're recommending. :lol:

Be sure to tune into Fox News and check the Indiana election results tonight.

 

Anybody who believes that raising taxes on a product will reduce its price is no economic wiz. I would like to see a list of economist who believe that a windfall profits tax will lower gasoline prices.

 

None of these candidates make any sense when they talk about gasoline prices and our national energy policy. One thing is for sure, as long as politicians delay opening up new domestic areas for drilling, production from those areas will always be a few years away.

 

Democrats' answer to the high price of gasoline and impending shortages brought on my their blockage of new drilling and new refineries is to demonize oil companies and promise to impose higher taxes to force the lowering of gas prices. How many Democrats live in the parallel universe where high taxes=low prices? :lol:

^ and you're idea for a national energy policy is, let me guess, "The rape of ANWR and a Yukon XL in every driveway"?

 

 

I'm beginning to wonder if $4 gas may be the best possible thing for our country because it provides a huge incentive for companies to develop much more efficient transportation technologies. Then, whoever doesn't like spending $100 a week on gas can buy a car that gets 70 mpg.

^ and you're idea for a national energy policy is, let me guess, "The rape of ANWR and a Yukon XL in every driveway"?

 

Rape of ANWR. Talk about toeing the party line.

 

We need to develop our own sources of oil. The bottom line in my albeit childish mind is that if there was a feasable alternative to oil it would have been developed. And if you can afford a Yucon and filling it with gas then so be it.

Rape of ANWR. Talk about toeing the party line.

 

 

Yeah, and I'm sure nobody thought a massive oil spill would foul Prince William Sound until the Exxon Valdez puked out 10.8 million gallons of crude.

^ and you're idea for a national energy policy is, let me guess, "The rape of ANWR and a Yukon XL in every driveway"?

 

 

I'm beginning to wonder if $4 gas may be the best possible thing for our country because it provides a huge incentive for companies to develop much more efficient transportation technologies. Then, whoever doesn't like spending $100 a week on gas can buy a car that gets 70 mpg.

I have zero problem with anybody who wants to drive a Yukon XL driving a Yukon XL. When the driver of that Yukon XL tells me that I should live in a 600 sq. ft. house and drive a Prius, then I have a problem.

 

Is a person who drives 60 miles each way to work in a car that gets 40 mpg behaving in a more earth friendly way than a person who drives 6 miles each way in a 10 mpg vehicle? Or a person who burns as much fuel in one or two trips in a private jet to lecture people on the evils of leaving a big carbon footprint as I do in a full year driving an SUV?

 

Do you ever wonder why the environmental whackos do not spend more time advocating shorter commutes to work and less time on fuel efficiency? I prefer minimizing my commuting distance and driving something that will not crumple as easily as a carton of eggs myself and I would not deny the right of anybody else to drive whatever they are comfortable driving.

^ and you're idea for a national energy policy is, let me guess, "The rape of ANWR and a Yukon XL in every driveway"?

 

 

I'm beginning to wonder if $4 gas may be the best possible thing for our country because it provides a huge incentive for companies to develop much more efficient transportation technologies. Then, whoever doesn't like spending $100 a week on gas can buy a car that gets 70 mpg.

 

It is exactly what the government wants. $4.00 gas will be here in a few weeks and people will feel it more and more. Prius sales are up 60% and SUV sales are falling. Once we get to the $4.50 - $5.00 gas range your gonna see major change amongst people.

 

I got something in the mail the other day about a fuel cell car. Anyone know much about them? They seem about 6-8k cheaper than a Prius.

It is exactly what the government wants. $4.00 gas will be here in a few weeks and people will feel it more and more. Prius sales are up 60% and SUV sales are falling. Once we get to the $4.50 - $5.00 gas range your gonna see major change amongst people.

 

I got something in the mail the other day about a fuel cell car. Anyone know much about them? They seem about 6-8k cheaper than a Prius.

 

Just curious on whether the bolded is

the Republican President, the Democrat controlled Congress or both?

Just curious on whether the bolded is

the Republican President, the Democrat controlled Congress or both?

 

Washington as a whole knows there is NO short term answer to gas prices and who know's about a long term answer. America sat on this way too long. They clearly want people to do away with the gas guzzlers. At 4-5 bucks a gallon people will change there car styles big time and driving habits.