Say Anything Blog

Exactly.  That is what 100-1 financial welfare to the Democrats buys them.  Communist since the 1920s—the NYT.

public perception, as created by the media, often doesn’t line up at all with reality

Simple supply and demand, simple a concept as free competition.  The market will determine the price.  The social-democrats have been trying to limit supply of oil from the USA since 1970.  If the voters re-elect them, they will be voting for communism—the deliberate limiting of supplies of:  oil, water and food.  The next thing will be controlling demand.

Communism is evil

Does anyone realize that the futures price is not the actual price refineries pay for their oil?  Many companies have long term agreements to purchase oil at a fixed price which can be much lower than the futures speculative price.  You can see a similar thing in utility companies that offer deals of fixed monthly costs over a specified period to both residential and commercial customers.

One of the most important talents for success in politics is the ability to make utter nonsense sound not only plausible but inspiring. Barack Obama has that talent. We will be lucky if we escape the catastrophes into which other countries have been led by leaders with that same charismatic talent.
-Thomas Sowell

the soaring oil prices affects all from food to our daily needs, hope that the candidates do something about it. i know that this is not the only problem also the war in Iraq, it made US near to the terrorist.. but i guess that our candidates made a better plan about this as i heard it in their video in pollclash and talking about their plans and making US safe for that

Seems the media also ignores the fact that fuel-pump gas prices went from a national average of $1.50/gal to $2.25/gal in the first 6 years of President Bush’s presidency, and woe to us, in the first 18months of a democratic congress, fuel pump prices went up another $2/gal.

I put the blame squarely on the head of Pelosi et al for the swift rise of fuel prices. It took her leadership a quarter of the time to raise prices almost 3 times what it took a Republican Congress to manage!!!!!

It is interesting how you can prove almost anything with the “right” data: get a slice of data that supports your theory, extrapolate it and there you go!

I can prove to you that in 3 years we’ll have a new ice age (compare last summer and winter temperatures and see how temperature is falling), if you do not pay attention!

Bourdreaux’s response is just as flawed as the initial claim motorists are being hosed.

Comparing a $2 to $4 jump in pump prices, to a $33 to $120 jump in crude, is comparing apples to oranges.  You would need to dissect the cost of that gallon at the pump. How much is for operating costs, refining, transportation, etc.. Perhaps only a dollar of it or less came directly from the cost of the oil. Say its $0.50. Transportation and refining costs haven’t increased significantly, so the cost of the actual oil is responsible for the price difference. A jump from $0.50 to $2.50 for the underlying oil would certainly qualify the statement about the consumer being hosed.