http://youtube.com/watch?v=UOpcPfAarjY (http://youtube.com/watch?v=UOpcPfAarjY)
This is the man that SHOULD be leading our Country next year, unfortunatly it won't happen....but his ideas are DEAD on correct...and the best solution to fixing our Gas prices...
take 3 minutes and listen to what he has to say.
Give me the Reader's Digest version and just post the three things please. I kind of stop by here while I'm working. ;D
I didn't listen to the entire because I thought. ........I couldn't vote for a president based on a 3 min clip from u-tube. Sorry Henry that was just my take.
Quote from: Isabelle on July 22, 2008, 09:46:38 AM
I didn't listen to the entire because I thought. ........I couldn't vote for a president based on a 3 min clip from u-tube. Sorry Henry that was just my take.
he not running.......but, he was the speaker of the house during the clinton years...........and he is probably one of the great "thinkers" in washington...today......he has great idea's for this country............i only WISH he was running.
:razz: lol I know he isn't running, Henry. I knew who he is. I told everyone in one post that I am not good with hypotheticals. Ain't typing fun? :)
In a nutshell, Newt says:
First dump a substancial amout of fuel from our reserves (1/3rd) into our market..to punish the speculators who gambled on rising prices....(he says oil would drop $50 per barrel tomorrow)...
Second...look for oil, in proven reserves......congress passed laws to keep us from touching it...and it's illegal to look for oil of the coast and alaska.....we need to pass the bill to open up these opportunties...
Third...maximize alternative fuels...........such as; garbage, water (allow science and technolgy do their thing)....also, go to nuclear power to offset energy costs now...
it is this kind of leadership, that will change the course of history, for the good.
has anybody noticed that the price of oil is dropping.................maybe, just maybe, this talk about opening up our own oil wells again, is convincing the market that they are just asking TOO much for their stock...........now, there is talk about gas being #3.50 by labor day......which drive home the point...........we need Washington, (democrats... ;) )to tell the world we WILL be independent from the rest of the world, when it comes to energy.......and the price will drop like a cement block...
Prices have been dropping here at the pumps. We're down to $4.19 from almost $5.
Quote from: Sandy Eggo on July 24, 2008, 10:10:15 AM
Prices have been dropping here at the pumps. We're down to $4.19 from almost $5.
I saw a station with $3.93 this morning..........
yep. jack it up close to 5, than everyone is happy when it goes back close to 4. but just about 16 months ago it was pretty well under 3 around here (the oc)
That's true, bevis. I recall thinking "I'll be paying $5 next week", but that's about the time it started slowly dropping.
that's the traditional pattern. then it will stay around 4, rising in the summer (when everyone drives), and dropping a little in the fall quite a while probably, at least until the economy turns a little
they just can't keep it where they want.........it is stock driven........and the bottom is going to fall out......because so far, it has be driven by fear and speculation................if WE can tell the world and the stock holders that Oil (and energy ) will no longer be a problem for us.........it will drop..........
you are right henry. the price is NOT market driven. and conveniently, because oil companies are multi-national corporations, they are legally bound to make the economic decision that is in the best interest of the corporation (that way the stockholders can still be great patriots, even though their companies are f-ing us). and if it is possible to make record profits in a speculatory marketplace by manipulating the prices through collusion and underproduction and underrefining, they have to do it.
Quote from: bevis on July 24, 2008, 12:56:21 PM
the price is NOT market driven.
that's bull......Exxon is making a LOT of people rich right now.................now, I DO agree there is some collusion and some filthy trick being played....but the game is up........and i think it will drop.
but, i'm just a feathered bird, who spats his opinion on here...with nothing to lose or gain. (and I hope i'm right....cause it makes sense in this bird brain of mine... :razz: )
by market driven i meant the actual marketplace of supply/demand. you said the price was "stock" driven, and i agreed with you, because that is not the same thing at all. sometimes you can make money by having your stock fall, henry, depending on the positions that you take on other commodities and options. remember that no-one who is a board member or dividend holding stockowner of any oil corporation, is ONLY invested in the oil business. that's always beeb a recognized problem with the stockmarket, it can be manipulated.