Bush Fails to Win Saudi Help on Gas Prices

edgarblythe · Posts: 37935 Location: Houston

Bush fails to win Saudi help on gas prices

RIYADH, Saudi Arabia May 16, 2008, 09:10 pm ET · President Bush failed to win the help he sought from Saudi Arabia to relieve skyrocketing American gas prices Friday, a setback for the former Texas oilman who took office predicting he would jawbone oil-producing nations to help the U.S.

(I recall Bush running for pres the first time. He said, "I'd just tell them to turn on the spigot." At least he didn't throw up all over them at the dinner table.) - edgarblythe

wheelz2001 · Posts: 6

The oil prices are not going to go down unless and until demand goes down from previous levels. The demand is not increasing but it isnt going down either. The speculators send the prices higher by thinking that people will consume more oil.
The only way is to say that one day of the week each person will not drive their car. then thats at least a 100 million gallons less a week. That is a lot.
I used to be a gas pig before. Used to cruise around a lot but not anymore.My gas usage is a fourth of what it used to be before March.

Ticomaya · Posts: 19271 Location: Hades

edgarblythe wrote:

Bush fails to win Saudi help on gas prices

RIYADH, Saudi Arabia May 16, 2008, 09:10 pm ET · President Bush failed to win the help he sought from Saudi Arabia to relieve skyrocketing American gas prices Friday, a setback for the former Texas oilman who took office predicting he would jawbone oil-producing nations to help the U.S.

(I recall Bush running for pres the first time. He said, "I'd just tell them to turn on the spigot." At least he didn't throw up all over them at the dinner table.) - edgarblythe

That's it ... I'm not voting for him again.

I'm serious this time.

edgarblythe · Posts: 37935 Location: Houston

That's it ... I'm not voting for him again.

I'm serious this time.

But probably voting McBush, which is virtually the same.

farmerman · Posts: 18288

Ive noticed how most people have slowed down alot on the hiways and turnpikes. HAs anyone else noticed?
Its so good that I can get in the pass lane and floor the diesel. Imblowin dollar bills out the smokepipe

roger · Posts: 14487 Location: Farmington, NM, USA

Sorry, farmerman. I just got back from a trip to Albuquerque. I kept the speed in the mid to upper 70s. I passed one (count it) one vehicle. A class A motor home, and nothing else.

gustavratzenhofer · Posts: 20102 Location: By the swamp

I overheard someone say, "These gas prices have no effect on me; I don't drive." Then he started laughing and I had to seize the opportunity to interrupt by handing him a dollar bill and telling him to buy a clue.

He told me to f*ck off and I bade him a good day.

edgarblythe · Posts: 37935 Location: Houston

I like the way they have started telling us gas is a bargain at three four five bucks, whatever it's going to, because they pay way more overseas. That don't put the postman's feet in my dog's belly.

hawkeye10 · Posts: 1512

edgarblythe wrote:

I like the way they have started telling us gas is a bargain at three four five bucks, whatever it's going to, because they pay way more overseas. That don't put the postman's feet in my dog's belly.

they say that we are paying what others have paid for years, so what's the big deal. it is a lie. European consumers have paid $4 and more at the pump for years, but over half of that was taxes. The taxes are funds that stay in the society doing good works, the individual was paying out $4 for gas but the society was paying roughly what were were paying at the time. For us now almost all of that $4 is pissed away, it is handed over to the oil producing nations, the oil companies and the speculators. As the supply continues to move below demand the speculators in particular will suck more wealth out of the economy, the correlation between the shrinking excess capacity and price is exponential. We are paying for the nutty program of deregulating energy markets, this will being America to it knees and it might possibly bring about economic revolution. Capitalism is now on very shaky ground, I look for globalization to fall for sure, and for capitalism to at least become more more regulated, at least to the level that it was in the New Deal. I don't count out the possibility that capitalism will fall completely to socialism.

edgarblythe · Posts: 37935 Location: Houston

hawkeye10 wrote:

edgarblythe wrote:

I like the way they have started telling us gas is a bargain at three four five bucks, whatever it's going to, because they pay way more overseas. That don't put the postman's feet in my dog's belly.

they say that we are paying what others have paid for years, so what's the big deal. it is a lie. European consumers have paid $4 and more at the pump for years, but over half of that was taxes. The taxes are funds that stay in the society doing good works, the individual was paying out $4 for gas but the society was paying roughly what were were paying at the time. For us now almost all of that $4 is pissed away, it is handed over to the oil producing nations, the oil companies and the speculators. As the supply continues to move below demand the speculators in particular will suck more wealth out of the economy, the correlation between the shrinking excess capacity and price is exponential. We are paying for the nutty program of deregulating energy markets, this will being America to it knees and it might possibly bring about economic revolution. Capitalism is now on very shaky ground, I look for globalization to fall for sure, and for capitalism to at least become more more regulated, at least to the level that it was in the New Deal. I don't count out the possibility that capitalism will fall completely to socialism.

I need to come back and read this over again later, after I've had time to unwind.