Skip to comments.Video: Obama says we’re producing too much oil and gas
Posted on 03/22/2012 12:05:04 PM PDT by Nachum
President Barack Obama is in my home state of Oklahoma today, touting his tired talking points about energy in little Cushing, the town that fossil fuel built. For the record, most Oklahomans arent happy hes here. The state administration will give him no official welcome and protesters have already gathered near the location of the presidents speech, which predictably was closed to the public.
First, listen to this portion of the presidents energy address (h/t Greg Hengler).
(Excerpt) Read more at hotair.com ...
(by the way, I am now selling low cost industrial size cans of Bean 0- to deal with all of his excess gas)
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If we’re producing too much then why are the prices so high and still climbing as I type? Put me down for a case of your Bean-O.
Agreed. D.C. is producing way to much gas and snake oil.
Rush: I Wouldnt Be Surprised If Obama Says Ive Laid More Pipe Than Any President Except Bill Clinton
You would have to drug me, tie me up, and tap my eye lids open first.
It’s because of the high demand, due to the burgeoning economy. Duh.....
Thing is, the price per barrel of oil hasn’t gone up tooo much .BUT, our dollar is devalued and buys no where near what it could back in 2008 due to the drunken printing,borrowing and spending by Zero and Helicopter Ben..
I wish each Republican candidate would just stand up and say:
“IF you truly believe that we are producing too much oil and gas in the US, and that increased production will not result in lower prices, then vote for Obama. If you think this is the biggest bunch of BS you’ve heard in your lifetime, then vote for me”.
And sit down.
Maybe it was closed to the public but it was broadcast on TV because I started to watch it live. But how anyone can stand to listen to him for even a minute is a mystery to me.
And your headline is really misleading. It leads the reader to the conclusion that the reason prices are high is because of our hig production. He spewed forth a bunch of Bravo Sierra but that was not what he said or even implied.
Sorry about the title. Posting rules forbid me to modify or change the title from a source. It is presented as Hot Air published it.
Having said all that, it does not take long to figure out that Obama went to Oklahoma and laid a stinking t*rd.
Where did they find those idiots cheering him on and laughing at his juvenile jokes. Once again he’s making fun of everyone that wants our own oil—like there’s something wrong with this—ugh. If I were president, I would open it all up and lift most restrictions. The economy would boom under me and I would be a two-termer for sure. So easy.
If you watch the vid you will see a big pile of Greek columns laying horizontal behind owebama... What’s that? Lengths of pipe for pipelines? I see. Well, owebama probably knows a lot about smoking some pipe.
The prices are climbing, dear readers, for precisely the reason prices climbed in the period immediately before the election in 2008 - to affect people’s mindsets. Ony the timing is different now. Please note, that once Obama was safely re-elected, the prices fell quite sharply, so that when Obama was sworn in, the price of gasoline at the pump was about $1.85, after it tracked upward of $3.00 just a couple of months earlier.
There is a large cartel of bankers and financiers who are even now bidding up the prices on both crude and refined priducts, on an international basis, and doing it by placing huge inflationary pressures on the US dollar. All those extra dollars that the various “quantitative easing” programs put out there never reached the general public, in fact, never got much beyond the vaults of the very largest of banks, but that is the force that is driving the prices of crude and refined petroleum products now. There are too many dollars, and the various dummy corporations and front organizations for these financiers are merely trading back and forth on the oil futures, never actually taking delivery, but driving prices higher with each trade. A sort of ENRON trading scheme, but on a much grander, international scale, with no oversight by any national watchdog group.
And probably the biggest player out there? The international combine of the George Soros financial empire, which has used a similar scheme before to break the national currencies of many of the Eastern European countries like Hungary, Romania, Czechoslovakia, the Ukraine, and Poland once they had thrown off the Communist yoke and were achieving some degree of free market and representative government. This was to punish them for leaving socialist concepts, and it worked to the degree that these countries went through a sort of localized depression. A similar coup was pulled against the government of Malaysia, and later against the Bank of England, when the valuation of their respective currencies was greatly depressed.
What is going on right now reflects the use of these greatly devalued dollars, to bid up the international prices of crude and refined product, then, in a great show of magnanimity, the prices of both crude and refined product will take a sharp dive, shortly BEFORE the November election, taking away one of the Republicans’ greatest campaign issues, and showing that Obama’s plan is “working”, the economy has turned the corner, and “happy days are here again”, effecting a sweep into office of (liberal and greenie) Democrats at both high and low levels, and maintaining a hold on all reins of government.
Now all this market manipulation is going to cost George Soros a bundle, but weep not for him, he has more physical gold in his possession than many entire NATIONS (having stolen it from them in the first place), and for the gain in overall influence and power, he believes he can well take a huge hit that would wipe out other lesser financiers, with the expectation that having won the roll of the dice, he will recoup all his losses and more once the Obama regime is fully entrenched, and the legislative and judicial branches are safely in his pocket.
All with scarcely a shot being fired.
Remember the references to “crawling over broken glass”?
This time, the broken glass will be real. And it may still be too late.
Drill Barry Drill!!
Oh yeah. Every time he speaks it’s another turd.