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new drilling effect on price of gasoline
fox&frinends ^ | 7/14/2008 | fox&friends

Posted on 07/15/2008 5:29:28 AM PDT by fatrat

i just watched the 2 new girly men on F&F agree that new drilling for oil would have no effect on the price of gasoline at the pump. Somebody needs to tell these two metrosexuals to keep their uninformed opinions to themselves.

(Excerpt) Read more at foxnews.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections; Your Opinion/Questions
KEYWORDS: drilling; energy; foxnews; gasoline; gasprices; offshoredrilling; oil
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1 posted on 07/15/2008 5:29:30 AM PDT by fatrat
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To: fatrat

Spread the word - Contact congress today July 15th

Let them know how you feel about drilling

Drill or get off the hill

Pelosi email if anyone is interested sf.nancy@mail.house.gov


2 posted on 07/15/2008 5:34:29 AM PDT by mouse1
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To: fatrat

They need to invite Hillary Clinton to come on and explain the futures markets to them.


3 posted on 07/15/2008 5:34:32 AM PDT by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: fatrat

It could easily have “no effect” on the world price of oil, while at the same time substantially reducing the US price of oil. If we use our own oil instead of foreign oil, then that will improve the balance of trade and increase the value of the dollar, which will in turn reduce the price of oil to US buyers.

Not only that, but if we drill at ANWR or offshore, then the oil companies will have to pay a royalty to the US government, which will increase government revenue without increasing taxes.

It’s a win-win, and the guys who are trying to say otherwise simply don’t understand economics.


4 posted on 07/15/2008 5:35:41 AM PDT by Brilliant
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To: fatrat
Bunch of lemmings. This silly mantra of more supply won't reduce costs goes against every thread of logic and makes these goats look silly.

Get everyone to sign the American Sollutions, "Drill Here, Drill Now" petition.
Join the 1,333,011 people who have signed the petition.

5 posted on 07/15/2008 5:35:49 AM PDT by FreeAtlanta (Search for Folding Project - Join FR Team 36120)
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To: fatrat

Link just goes to foxnews.com. Is there a more direct link?


6 posted on 07/15/2008 5:36:42 AM PDT by VictoryGal (Never give up, never surrender!)
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To: Brilliant; fatrat

Someone needs to start asking the playback recorders, “if this is so, then why is gas free in Saudi Arabia and less than 50cents a gallon in many other major oil producing countries?”


7 posted on 07/15/2008 5:38:18 AM PDT by FreeAtlanta (Search for Folding Project - Join FR Team 36120)
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To: Brilliant

The price of diesel is more important than that of gasoline. The price of diesel always goes up with supply shocks or uncertainties. Domestic supply reduces both.


8 posted on 07/15/2008 5:40:17 AM PDT by steve8714 (If they leave you alone are you free or at peace?)
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To: FreeAtlanta
Someone needs to start asking the playback recorders, “if this is so, then why is gas free in Saudi Arabia and less than 50cents a gallon in many other major oil producing countries?”

They heavily subsidize it.

9 posted on 07/15/2008 5:40:38 AM PDT by Non-Sequitur
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To: fatrat

Tuned out of Fox News about a year ago. Once in a while I may tune in for a few minutes. After a few minutes I see why I tuned out. To call Fox News conservative is a joke. Maybe their conservative compared to MSNBC and CNN. However, they still lean left of center.


10 posted on 07/15/2008 5:41:29 AM PDT by Sprite518
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To: FreeAtlanta

You’re on the wrong board.

DU and KOS would be very receptive to your oil nationalization/massive government subsidy program.


11 posted on 07/15/2008 5:43:26 AM PDT by skipper18
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To: mouse1
"Drill or get off the hill."

I like that!
12 posted on 07/15/2008 5:45:10 AM PDT by FortWorthPatriot (No better friend, no worse enemy)
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To: fatrat
That would be the weekend hosts filling in for Steve & Brian...they are sooooooooo dull and uninformed. I heard Dave say that it would take five years.

How about the Fox Biz guy on the "service" segment...he said that young people join the military today for purely selfish reasons being that they only want to attack and kill militant Islamists. I hit rewind three times to make sure I heard that correctly.
13 posted on 07/15/2008 5:50:48 AM PDT by Miss Didi ("Good heavens, woman, this is a war not a garden party!" Dr. Meade, Gone with the Wind)
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To: skipper18; FreeAtlanta

While FreeAtlanta did not include the socialized subsidy in his or her point, the parallel point that was made is valid. OPEC countries have a lot of oil supply, and therefore they do have an advantage in keeping their own fuel costs down.

The fact that they are state-owned monopolies producing the oil was beside FreeAtlanta’s point, I think.

FreeAtlanta, feel free to correct me if I have misstated something.


14 posted on 07/15/2008 5:51:55 AM PDT by MortMan (Those who stand for nothing fall for anything. - Alexander Hamilton)
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To: fatrat

Vote with your remote.

Tune out FOX and unsubscribe, that’s what I did when FOX decided to backstab Duncan Hunter during the primaries and I don’t miss Rupert Murdoch’s morning blather one damn bit.


15 posted on 07/15/2008 5:52:15 AM PDT by mkjessup (Jimmy Carter is the Skidmark in the panties of American history.)
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To: fatrat
I solved the price of gas problem!

(Uh, switched to Diesel and drove the price of Diesel up...)

16 posted on 07/15/2008 5:52:46 AM PDT by Paladin2 (Huma for co-president! (it ain't over 'til it's over))
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To: FreeAtlanta

Venezuela heavily subsidizes the price of gas. They are in debt trillions of dollars to the World Bank for this skeem.


17 posted on 07/15/2008 5:53:21 AM PDT by EBH ( ... the riotousness of the crowd is always very close to madness. --Alculin c.735-804)
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To: fatrat

The point isn’t whether it will lower prices right away. It doesn’t take a genius or economic girly men to figure that out. Ask these people where we might be had clinton not vetoed the anwar bill. It’s a start and that’s all. We still have to get past the congressional ban on OSDrilling.


18 posted on 07/15/2008 5:55:41 AM PDT by InvisibleChurch (H2OLY: The chemical formula for holy water.)
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To: Non-Sequitur; skipper18
They heavily subsidize it.

Is it really all that heavily subsidized, or is it just less transportation, no import/export terriffs, huge local supply? I am sure the free Saudi gas is subsidized at least some, but I am also pretty sure that the fuel is a lot cheaper at the source. We need to make the US our source.

We will bypass terriffs, stop sending our treasure overseas, create local jobs, probably do a better job with environmental care, and most importantly reduce prices at the pump!

19 posted on 07/15/2008 5:56:12 AM PDT by FreeAtlanta (Search for Folding Project - Join FR Team 36120)
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To: EBH
Venezuela heavily subsidizes the price of gas. They are in debt trillions of dollars to the World Bank for this skeem.

They also give oil to Cuba and third world socialist/communist countries and support terrorism. I don't think supplying cheaper gas to their people gets them into as much debt as their support for FARC, Hamas, Castro, etc. That said, I am not promoting Government subsidies. I am promoting that products are usually cheaper at the source. We need to recreate ourselves at our own source.

20 posted on 07/15/2008 5:59:31 AM PDT by FreeAtlanta (Search for Folding Project - Join FR Team 36120)
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