Should We Prepare for $5 Per Gallon Gas?

Do you democrat not remember Obama telling you that under him, energy prices would 'necessarily skyrocket"? Yet you still blame the oil companies and everyone else. 

Are democrats incapable of feeling shame in their nonsense and making themselves look so bad. Just admit it, this is your fault. This is what you want. To stick it to the poor, to make Obama’s billionaire friends rich on their green schemes.

 Remember the Keystone Pipeline Obama killed? 

Remember Obama drastically cutting back permits on federal land? 

Remember you criticizing Palin for drill baby drill? 

If you have any integrity, you should hang your head in shame.
When Bush had lower gas prices it was all over the news in every media outlet blaming him. Now, the liberal media is doing nothing but making excuses for Obama, despite him saying he will make energy prices skyrocket, as he did. With the bias liberal media, If Bush farts, the media would say Bush destroys planet through global warming, If Obama farts, they would talk about the lovely scent and how Obama cured the worlds energy problems.

absolutely.

NO!!!!

Unfortunately, I believe we will eventually see this.

That's what this administration wants so you have to go out and buy one of their tiny little electric hot wheel cars..

Is it gas prices going up, or fiat money value continuing into the crapper?

Of course we should expect higher energy bills. Obama has an agenda and he is right on course for 5$ per gallon.

Obama himself said that his policies would necessarily make prices rise. It's not just Iran, we have plenty of oil to use until we find better solutions. Let's use it. Let the price go up, it'll hurt his re-election bid.

We have been heading to this ever since Carter formed the Dept. of Energy - who have done NOTHING to eliminate our dependence - all they have done is increase bureaucracy, costing tax payers more. Add the rapid environmentalists who insist there be no drilling, and the fact there have been no new refineries built in decades. ALL this could and should have been avoided.

Brace yourself. The oil pigs will charge that much as soon as they can and it will not be because they need to.

You mean OPEC?

OPEC produces crude, crude is turned into gasoline. Some like BP do a bit of both. Take your pick in the process.

You mean the Federal government? Afterall, take the taxes paid out of the equation and you have a much lower cost per gallon.
Do some homework and you will find that those piggy oil companies make pennies on the dollar profit. If you understood economics, you would know that demand for oil has risen since India,China and other nations have increased their use of oil/gasoline.
The cost of gasoline will rise not because the oil compnaies are gouging (Lord knows the government won't allow them to charge what they want). The cost is rising because the government keeps adding more of its own costs to it AND the government does everything it can to choke off the supply.

Now tell me, how much profit did the big oil companies make last year? And just who did they bribe with contributions to insure they did? AM curious?

You have a problem with profits? Why? Obviously you aren't in business for yourself or you might have a different outlook on profits.
AND to make my point AGAIN - demand has risen over the last decade. China - India - Brazil and many other civilized nations are turning out more cars. More cars means more gasoline needed to run them. More gasoline needed means more oil needed to refine into gasoline. You see a connection?

You should stop hating companies who are in business to make profits. Not only oil companies make major profits. Last year :

Rank
1 Nestlé
2 Gazprom
3 Exxon Mobil
4 Industrial & Commercial Bank of China
5 Royal Dutch Shell
6 China Construction Bank
7 AT&T
8 Petrobras
9 Chevron
10 Microsoft
11 Petronas
12 J.P. Morgan Chase & Co.
13 Vale
14 Wal-Mart Stores
15 Bank of China
16 International Business Machines
17 China National Petroleum
18 Rio Tinto Group
19 Agricultural Bank of China
20 Apple
21 Total
22 Samsung Electronics
23 Telefónica
24 Johnson & Johnson
25 HSBC Holdings

As you see these are the Top 25 global companies in profits in 2010. Not ALL are oil companies but they all depend on oil to do business. EVERY business relies on oil to do business in some fashion. Stop hating profits.

I have no problem with profits, quite the contrary. Was in private business for myself as well. Obviously you know nothing about me. I am all for them and in fact make my living with the stock market. By the way, up or down, the market has been very profitable this last year.

What I have a problem with is Plutocracy, corporatism and cronyism that governs our country today. What I have problems with is the basic misunderstanding people have with the running of today's businesses and what is truly going on behind the scenes. That includes overpopulation as well as the shift and increase in demand that accompanies it from the have nots. What I have a problem with are mega corporations that rape the public with the help of politicians. Many but not all are on your list and I have in the past analyzed every one of them for possible investment. Two of them I would never invest in no matter how much they make are JP Morgan Chase and Walmart.

Well I don't disagree with you on the corruption being a problem. BUT there is corruption is every aspect of business and politics. Mankind is flawed no doubt.

However, I don't see the conspiracy behind the corporations and the control of the population's increase in demand. What I think gets overlooked in the whole haves/have nots debate lately is the fact that some people just don't get it: Life isn't fair. The current rage against the ones who have is simple human jealousy. Those who have not are covetting what those who have have. Its just that simple. And simple human nature is that when one covets something, it is often follewd by anger toward whomever has what they covet.
I don't think its much more than that. Economics aside, the people who are in protest mode over the huge corporations wealth as well as the so-called 1% (this unfortunately is not well defined by the so-called 99%), are basically enraged from jealousy that life has not dealt them a better hand. The OWS mobs are nothing more than misguided ignorants that think they can change fate by yelling at the top of their lungs. They refuse to face their faults and instead point blame for their failure to succeed on ANYone who is better off than they are.
I don't disagree with the premise that there is corruption. I just don't buy the global conspiracy of the 1% oppressing the masses.

As a very well traveled businessman, my opinions are based on personal observations of significant deficiencies in corporate thinking as well as political thinking. No coveting is involved. As far as global conspiracy? Only doing your own research and finding the detrimental aspects of it will ever convince you. What I have seen puts the nail in the coffin for me. The WTO and World Court are not and never will be America's friends or friends to our Constitution and Bill of Rights. Two things I hold dear ant that I fought for.

If the price of gas rises to $5 it will be because of unrestricted futures trading on oil, not because of any actions in the Middle East.

With a nitwit liberal ideology to guide him, dumbo couldn't make a positive policy decision to help America if his life depended on it!!

Yep. It's coming. And it won't be pretty.

Chairman Obama doesn't think it is a good idea to be drilling in our own country. He feels it necessary that we give money to other countries and then import that oil.

BTW, guess who is drilling in the GOMEX since we were stopped doing it by Chairman Obama?

Who died and made him King?