HOW TO RETURN TO $2.00 A GALLON GAS

JEFFHEAD.COM ^ | March 15, 2012 | Jeff Head

[Jeff Head]

HOW TO RETRUN TO $2.00 A GALLON GAS You know what, I am sick of hearing all of the endless wrangling by the major news media and politicians (particularly of the liberal variety) regarding the price of gas. Yesterday I heard some so-called oil and gas expert on a talk show. He was a guest and clearly an Obama supporter. He launched into this protracted explanation of the price of gold, the value of the dollar, OPEC, the world market and China's purchasing, etc., etc. to explain why the price cannot come down and how anyone saying it can just doesn't understand the market or the way oil "works." The explanation was so convoluted it was rediculous, he kept saying, "Now hang with me, I know this is not easy to understand," and, "I know this will not be easy to folow, there's a lot involved and I will try and walk you through it," and "this is complicated, there's no wonder everyone is making mistakes about it." I finally just changed the channel. Here's the deal. Four years ago the gas prices went up. All of the same parameteres, POEC, the devalued dollar, China's use, the world market, etc. were in place at the time. Four years ago these same people said the price of oil and gas would not be coming down any time soon. (Hmmm seems like we've heard this same song and dance every few years). Then President Bush (who unlike the current occupant of the White House actually understood oil and gas very well) simply stated that the US would immediately open up its drilling off shore, working the shales and the sands, working the ANWR and in the Dakotas. ...and everyone knew he meant it. He immediately began doing it and things started popping to make it happen. Yes it was going to take years for those particular efforts to produce new oil (...but not ten years). But guess what? It did not take years for the price to be impacted. No sir. Within months. The Saudis and OPEC met and immediately reacted by cutting their prices. You see, it's simple to understand. They are floating in oil. Oil the western companies discovered and developed and then were given to them by Carter and other US Presidents and western leaders. Despite that, we were their major long term buyers, and remain so to this day. They do not want us to be capable economically of developing new sources that will make us independent of them. So they lowered their prices...dramatically. WITHIN SIX MONTHS THE PRICE OF GAS WAS WELL BELOW $2.00 A GALLON! ...and going down. That was four years ago, in 2008. Then Obama was elected.
	< AND THIS TURNED INTO THIS >
Pretty simple and direct comparison. Here's what happened. Obama stopped all of that research and development on federal lands. He turned it off (except on private property where he couldn't...but he is trying to over regulate them and make it harder). He visited the Saudis, and if you remember, he bowed to the Saudi King. The Saudis were happy as were the other members of OPEC and the price climbed, and is still climbing, now back and past the price where it is was before Bush initiated the exploration, development, and drilling on all of those lands. Most of us do not have such short memories as the politicians, the major media and the leftists want to imagine. Today, right now, if we had a President, an administration, and a Congress with any spine or true concern about American strategic long term interests, we would do the same thing we did in 2008, except this time we would mean it and make it stick permanently. If we did, like in 2008, the Arabs would lower prices which we would gladly take...right up until our own new oil and gas came on line. Then our own companies could produce it in abundance (we now have proven reserves doubling what all of the Arabs have together) and we would be able, IMHO, to do so for less than $2.50 a gallon...probably closer to $2.00 a gallon. And we would once and all break this foolish dependence on foreign oil for our needs. So, next time you here the hogwash like I heard on the radio, remember what happened four years ago before Obama came along. ...and write your reps and tell them all abouit it. I have. JEFF HEAD March 15, 2012 America at the Crossroads of History If I were President, Here's what I would do The Man who Despises America ...and for some light reading, for times when you want to take a break, here's what I do to spend those down times: My Review and Build of the 1/350 scale model of the Chinese Aircraft Carrier

[Jim Robinson]

This is not hard to understand. Dump Obama. Dump the EPA. Dump the Energy Dept. End the left’s ridiculous war on energy which is basically a Marxist war against freedom.

[ridesthemiles]

One good start is to stop putting Ethanol in our gas.””

O pwn a station wagon I bought in 1980.

I own a Chevy Dually 1 ton truck I bought in 1986.

I keep track of my mileage—I always have since I got my first car at age 17 and I am now 72.

The addition of Ethanol into my vehicles drops my MPG as much as 14%. It drops a minimum of 10%, so I am using MORE fuel and making a larger “carbon foorptint” due to the messing around with gasoline blends.

IF Obama pushes the % of Ethanol much higher, the additive stuff will destroy gas lines & certain valves & gaskets. That will stall out many a vehicle with massive costs to repair them.

[stephenjohnbanker]

We need to start NOW!

[Graewoulf]

In this age of short-term fixes, kick-the-can-down-the-road, etc., if “ - - - The result is that gas would do down due to the removal of the tax - - -, “ then the politician who signed THE FEDERAL FUEL TAX HOLIDAY BILL would be able to smile on camera holding up a newspaper that night with the glowing headline: “PAIN AT THE PUMP REDUCED.”

The basic problem is that Governments, World wide, are trying to compete with a marketplace system that has existed for thousands of years.

Since 95 % of the Oil sold in the World is under the control of National Governments (the USA is one of the few exceptions), it is only natural for a politician to think that the price of Oil is also controlled by Governments.

The reality is that SUPPLY AND DEMAND still are the major forces that controls the pricing of Oil, although few Governments, or cartels of governments will publicly admit that cruel, and very humiliating (to them) reality.

[Jeff Head]

Amen...absolutely spot on, Jim.

I’m sick of the left and liberals and other pols making something sound difficult when it is pretty straight forward.

If someone has to go too such lengths to try and get you to understand something like this, particularly when we have the recent history that we have to look back on and compare, you can almost be sure they are feeding you a load of horse hockey and BS and that they are operating out of self, or ideological intersts as opposed to the common good.

If we develop our own abundant sources, if we tell the Arabs and others we are going to do so, if we take away the overburdensome central (marxist/communist) controls which are placed there precisely to stifle our capabilities, and if we then put American interests first, we will have abundant and cheap oil and gas.

God’s speed, Jim...I pray we can double donw on 2010 here in 2012 and continue making great strides to turning this thing around.

[hadaclueonce]

The 12% reduction is a NASCAR number since they have to burn that crap.

[Jack Hydrazine]

We could always invade Iran and cut off China’s major oil supplier and place an all around oil embargo on them, plus embargo jet fuel and scrap metal similar to what we did to Japan before WW2.

[sickoflibs]

RE :”We need to start NOW!”

There is no point in drilling because it wont result in more oil for.....years and...but wait, that is what Dems told us 5 years ago...10 years ago...OK, maybe that is not a good argument....OK
but maybe solar panels and electric cars and algae will get us cheap energy faster than oil.....lets ‘invest’ more in companies like Solyndra, we might just need to raise your taxes now and you will get it back later in cheaper energy costs... just like paying for that birth control mandate is free...or how raising your taxes in obama-care paid off because health care premiums are going down now...right?...
only those that believe in flat earth dont believe in Green energy ....Obama says..

[sickoflibs]

RE :”We need to start NOW!”

There is no point in drilling because it wont result in more oil for.....years and...but wait, that is what Dems told us 5 years ago...10 years ago...OK, maybe that is not a good argument....OK
but maybe solar panels and electric cars and algae will get us cheap energy faster than oil.....lets ‘invest’ more in companies like Solyndra, we might just need to raise your taxes now and you will get it back later in cheaper energy costs... just like paying for that birth control mandate is free...or how raising your taxes in obama-care paid off because health care premiums are going down now...right?...
only those that believe in flat earth dont believe in Green energy ....Obama says..

[television is just wrong]

he wants high gas prices. he wants us to all suffer and do without.

[cracker45]

Howdy Jeff! Godd to see you’re still in there fighting with us... Your points are right on; bam could flex our power a bit, but he is a socialist wuss trying to hamstring the USA in order to promote his “progressive”, anti-American agenda! I see more and more Americans everyday coming to their senses about this crapola!

JC

[cracker45]

It is a crazy country that deliberately burns its own food!!

JC

[cracker45]

I don’t think we do fracking in the Gulf, but there are other processes in play there to account for refilling of old wells. I’ve gotten tired of ‘splaining it to dumbass greenies who believe the “peak oil” crapola that is a 40 yr old meme!!

JC

[cracker45]

“Horse hockey”?? I always thought it was “horsepuckey”!!
HAW!!

JC

[DMG2FUN]

Another good start would be removing epa laws. The epa forces auto makers to produce high milage vehicles. In the name of reducing oil consumption. Then the epa demands gas producers put additives in gas for cleaner burning fuel. Once again to reduce oil consumption. The only problem is. The so called cleaner burning gas. Reduces gas milage. Thus increasing in oil consumption.