Hope ‘n Change.
Then Obama will say the Oil companies are making a killing and wants to tax the money away from them which will cause gas price to go even higher ,it all helps stop Global warming don’t you know ,D’oh
That’s just an added bonus to Obama.
Glad I walk.
Obama is thinking — never let a crisis go to waste. Higher oil prices will make solar, wind, and alternative fields look better in comparison. It also reduces economic growth. People are more scared and many unfortunately turn to government. hese are things the Left likes
No War for Oil!
*war to try and save the electoral prospects of the Democrat Party in November, now that’s another matter
Good thing golf cart are electric!
And Russia has set MONDAY as the final deadline for a gas agreement with Ukraine, warning that they will cut them off.
Perfect storm coming, and it is all in Obama’s lap. In fact, he and his minions worked to make it this way.
Oil is going to sky-rocket and in turn the stock market may show a big backlash also. The implications with Iraq are huge and are bound to have a big economic impact. I wonder if Obama has a problem with a bad stock market or economy? He could ride in with the gov and rescue us all.
I don’t understand why that would affect prices here. We have so much of our own drilling going on that surely we aren’t still importing tons of oil, are we? Maybe I’m just not up on this subject....
Watching TV analysts yesterday - predictions(before taxes) ran from $4.50 to $6.50.
I figure that is one of the key reasons why he won’t intervene. It is one more step taken on his part to impoverish the middle class.
America, Barack Obama is taking every chance he gets to reach in your pocket and steal your hard-earned money. My disdain for him is immense and it grows by the second. . . .
With all due respect to the experts quoted in this article, according to most all of the analysts I follow predict no such debacle, in one case some are predicting more oil may flow as a result of this, not less.
A second assumption made looks erroneous or dated as well, i.e. that Baghdad won’t fall. According to recent stories, that city is already under siege; the water supply has been severed and refugees are fleeing the city in near panic. Baghdad may well fall within the next 24 hours. The critical “Balad” air base north of Baghdad is being evacuated of its US contractors without the aid of the US airforce which hasn’t been activated to help. They are being flown out by the Iraqi Airforce to Baghdad and from there to Abu Dhabi.
The fact of the matter is that Isis or Isil, depending upon the source is moving at lightning speed and they’ve caught everyone flat footed. I just hope and pray the crap bird US gov’t can wake up soon enough to evacuate the US embassy in time to save the personnel.
The folks Obama backed in Syria are winning, with the help of the puppet masters who control the Bush family. The response isn’t unexpected.
They're just trying to make Obama look bad with that inflammatory claim. (Getting in ahead of the WH press office)
I thought only electricity rates would necessarily skyrocket.
Remember “No War for Oil”? Well, the lefties got their wish. Not only will we not have the oil, but the most vicious barbarians will have it instead with which to finance more terror against us.
Well, I was always in favor of taking the oil if we could get it. 1, to pay for the cost of liberating the country and 2, as an offset against OPEC monopoly practices. I didn’t advocate stealing the oil, just using it to pay us back and then paying a fair market price on our terms. Its win-win-win. The American taxpayer is reimbursed, the American economy is boosted by lower energy prices and we keep a lot of cash out of the hands of the bastards who are trying to kill us.
How much oil do we get from Iraq? Anyone know?
Re the photo of Obama,
Caption it: “All Praise to Allah”.
“We’re not going to allow ourselves to be dragged back into a situation in which, while we’re there we’re keeping a lid on things, and after enormous sacrifices by us, after we’re not there, people start acting in ways that are not conducive to the long-term stability and prosperity of the country,”
Uhhhh...ain’t that EXACTLY what the clown president has accomplished?
I’ve read that Saudi Arabia has enough spare capacity to easily make up for Iraq. Not sure what their interests are in this mess...I’m sure somebody will let us know.