Obama's 'Gone to Great Lengths' to Keep Gas Prices High, Ryan Says ????

[goclark]

"..."This is not just something that squeezes family budgets, it squeezes businesses," Ryan answered. "It also gives us a bad foreign policy in that we are so dependent on other countries for our oil imports, it's the biggest part of our trade deficit and so what's frustrating about the Obama administration's policies are they've gone to great lengths to make oil and gas more expensive."


http://news.yahoo.com/obamas-gone-great-lengths-keep-gas-prices-high-021120882--abc-news-politics.html

[Scuba]

1. The man is incapable of telling the truth.

He once got a hole-in-one and wrote down "zero".

[goclark]

5. How anyone could believe

this idiot is beyond me!

He is a "ZERO."

I love it ~ R and R = "Zero and Zero." ..... or RRZZ

[banned from Kos]

2. A variation on "Drill Baby Drill"

which we have ratcheted up 300% since Obama took office.

But they won't admit that.

[jp11]

4. Those facts would interfere with the campaign/debate/discussion the republican

party needs to have in order to put the real President Obama out of office, only be using the fictional version they make up can they have any chance of selling their lies.

[malaise]

3. Lyan never allows facts to get in the way of his

talking points

[lpbk2713]

6. You've got your political parties confused there shithead.

It's your party that worships Big Oil and does their best to fatten their profit margin.

[BumRushDaShow]

7. I was wondering why the media stopped covering him

for the past week. It's because every time he opens his Pandora's box mouth, all manner of demonic evil issues forth, and they rush to muzzle him again.

[Mutt22]

8. reported my first post on Yahoo

Spineless illiterate coward calling Obama a "kneegar..we should vote his arrs out". Looks like someone is on the ball too because it is gone.

[goclark]

15. Welcome to DU

"Spineless illiterate cowar" nailed it!

[Mutt22]

20. Thanks!! n/t

[zbdent]

9. Was Ryan one of those predicting $5/gallon gas by Memorial Day 2012?

[goclark]

11. Good question

He must think he has a crystal ball...I. don't get it.
Is Sarah P. his advisor ???

[Pool Hall Ace]

10. I thought the President had no control over gas prices.

Or is that only Republican presidents?

[zbdent]

18. They're blaming Sherrodd Brown in Ohio lately ...

[goclark]

21. You are so right ~ President Obama doesn't have

a dimes worth of control over Oil Prices and they know that ~

[sad sally]

22. Not so. They think he controls the weather.

[flyguyjake]

34. President Obama said

that even if he released oil reserves into the system that prices would only drop a few cents.

I don't believe the Pres has any control over gas prices.

Here's the break down;

Taxes: 13 cents
Distribution and Marketing: 8 cents
Refining: 14 cents
Crude oil: 65 cents

[Freddie]

12. Check today's Doonesbury

On this very subject
Brilliant once again, Mr. Trudeau!

[sofa king]

13. Really. How many Romney donors were busted in April?

http://money.cnn.com/2012/04/17/markets/obama-oil-speculators/index.htm

Are there any actual fucking journalists left in America? Here's how you do your job: find the list of the 300 oil speculators who face charges, match them against donor lists, and report.

[abumbyanyothername]

35. Blogger is available. nt

[RagAss]

14. I'll take "Quotes from Pathological Liars" for $400, Alex.

[ananda]

16. Typical straw man / projection tactic.

Ick

[JTFrog]

17. It's like a sauna in here.

[goclark]

31. Proof positive that all the nuts are not in the candy bars.

[Rhiannon12866]

32. Priceless!!!

[KharmaTrain]

19. Knee Jerk Bullshit...

Pinocchio Munster knows that the President doesn't control the price of oil...it's done on the international market. Now would Lyin' Ryan favor a bill to put the clampers on the speculation of oil futures that DO determine the price? I'd like to see his votes (and I'm hoping one of those evil, nasty fact checkers has already looked at his record to see how he's voted in opening up the strategic reserve to lower prices.

This is pandering as usual...how the Rmoney campaign can and will run. They'll find any bit of bad news and try to pin it on President Obama despite their own hypocrisies and lack of any realistic policies of their own. The only game here is to make as many people hate President Obama as they can. Their only hope...

[freethought]

23. Like cheap gas is somehow a right under The Constitution.

In one respect he is right, higher fuel prices do put a squeeze on family budgets. However I tire of hearing the right-wing argument that we "entitled" to cheap gasoline, as if it's some sort of right guarenteed by the Constitution, or better yet, God. It is none of the above! Cheap gas is not a right and we are not entitled to it from anyone or anything. With China and India wanting cars then the price of gas is only going to go higher. We could drill domestically until the country looks like Swiss cheese. We would not be able to meet domestic demand for fuel with all domestic petroleum resources.

When gas prices go up it does have the effect of getting people to think about the driving they do and what they drive with. I personally don't think that is a bad thing.

If anything this should put some urgency on getting off of petroleum.

[AverageJoe90]

25. Agreed. Nobody has a "right" to cheap gas....and not just America, either.

[abumbyanyothername]

36. The funny thing is

we got started down the petroleum path, because we had so much of it.

And America prospered because we built an economy on an energy source that we had a lot of.

And we should do it again. Regardless of what the oil companies think.

[gulliver]

24. I wonder if the length was 26 miles. n/t

[Politicalboi]

26. Yes he is, and he can't wait till

The price is $5.00 right before an election. That Obama sure is a sly one.

[lonestarnot]

27. Wait did a democrat blow up a refinery? Was this reported?

[surrealAmerican]

28. Wait a minute ...

Did we elect him CEO of Exxon too? I didn't know we got the chance to do that.

[kestrel91316]

29. Obama doesn't have friends in the oil industry. Unlike Dubya.

Obama has no control over it. Eddie Munster might want to look a little closer at his pals in the RW who like to make money speculating on oil and such.

[RepublicansRZombies]

30. Oil Speculation is funding the Ryan Romney campaign

Koch Brothers introduced speculation.

October 6, 1986: First oil derivative is introduced to Wall Street by traders at Koch. Koch Industries executive Lawrence Kitchen devised the “first ever oil-indexed price swap between Koch Industries and Chase Manhattan Bank.” At the time, such derivatives had been limited to currency markets, and the shift of creating a synthetic financial instrument based on the value of crude oil was revolutionary. For an agreed-upon period, an oil swap is a contract where one party makes payments based on a fixed oil price, and the other party makes payments back based on the changing spot price of oil. In July of 2009, EnergyRisk magazine, a publication for commodity traders, posted a piece exploring the very first oil derivatives and Koch’s role in developing them.

– 1990-1992: Koch, along with several oil companies and Wall Street speculators, form a coalition lobbying group to deregulate oil speculation. A coalition called “The Energy Group” is organized to press the Commodity Futures Trading Commission (CFTC) to allow oil derivatives to be traded off the NYMEX or any other regulated exchange. Participants in the coalition include Koch, Enron, Phibro (a powerful commodity speculator firm recently sold from Citigroup to Occidental Petroleum), J. Aron & Co (a commodity trading division of Goldman Sachs), BP, and other companies.

– January 21, 1993. Wendy Gramm makes first major move to deregulate oil speculation. “On the final day of the Bush administration, January 21, 1993, Wendy Gramm … approved the rule exempting key energy futures contracts from government regulation and returned a great chunk of the energy market to the grand old days of unregulated futures trading,” writes author Antonia Juhasz in the book Tyranny of Oil. The move mirrored the demands made by Koch’s lobbying coalition, The Energy Group. Gramm, the wife of then-Sen. Phil Gramm (R-TX), leaves the Commodity Futues Trading Commission and a month later joins the board of directors of Enron.

– December 12, 2000: Sen. Phil Gramm (R-TX), after being lobbied by Koch and Enron, creates the infamous “Enron Loophole” vastly deregulating the oil speculation market. On the night of December 12, 2000, Gramm attaches a 262-page amendment to the Commodities Futures Modernization Act, which is then attached to an omnibus spending bill that is signed into law by President Clinton before leaving office. The Gramm amendment, which received absolutely no public scrutiny or committee hearings, radically expands and codifies the energy deregulation agenda began by Gramm’s wife during the first Bush administration.

Koch Brothers are making a killing on oil speculation.


Forbes: Koch Brothers Now Worth $50 Billion | Forbes estimates that Tea Party petrochemical scions Charles and David Koch have a fortune of $25 billion each, making them the fourth richest Americans, behind only Bill Gates, Warren Buffet, and Larry Ellison. Their combined wealth of $50 billion is exceeded only by the Microsoft founder’s $59 billion fortune. Buoyed by aggressive speculative trading on volatile energy markets, the Koch brothers accumulated $15 billion in wealth since March 2010, a 43 percent increase.




And these shameless hypocrites blame Obama, once again...

[B Calm]

33. Actually gas was higher under Bush. As a truck driver

I remember five dollar a gallon diesel under Bush.

[Terra Alta]

37. Assuming Obama did control gas prices...

why the hell would he cause them to go up right in the midst of his re-election campaign?? God, do Republicans ever think things through??

[goclark]

42. The last thing they want to do is Think

They truly believe tha they are entitled to say whatever they want to and they think they are entitled to change their position again and again.

[Initech]

38. No Ryan, you asswipe - Charles and David Koch have gone to great lengths to keep gas prices high.

God, will these freaks ever see the light? The billionaire grifters are bankrupting us and getting away with it. Ryan should just wear a jacket with a Koch Industries logo on it at all times, he should be on their payroll.

[goclark]

39. My bet he is on their payroll

What scum of the earth they are ~ scum!

[spanone]

40. hey ryan, leave america alone. there is enough dishonesty without your BS

[goclark]

41. Just the sight of him

turns me off ~