[mikemike]

Bernie Sanders has gone from championing anti-global warming legislation to demanding cheaper gas so americans can tear up the highways with their polluting trucks and cars and take to the skies.

Why is it that liberals want all of the european amenities but are unwilling to accept expensive gasoline. When gas prices go up, people will rethink living in big houses located in far flung exurbs and local producers will be more competitive.

Bring on $15 per gallon gas!

Bernie Sanders Demands Action From Obama On Wall Street Oil 'Gambling'

[deadwolfbones]

Bernie Sanders has gone from championing anti-global warming legislation to demanding cheaper gas so americans can tear up the highways with their polluting trucks and cars and take to the skies.

Why is it that liberals want all of the european amenities but are unwilling to accept expensive gasoline. When gas prices go up, people will rethink living in big houses located in far flung exurbs and local producers will be more competitive.

Bring on $15 per gallon gas!

Bernie Sanders Demands Action From Obama On Wall Street Oil 'Gambling'

I think you're pretty blatantly misrepresenting his argument, there.

[Nesster]

“There is mounting evidence that the skyrocketing price of gas and oil has nothing to do with the fundamentals of supply and demand, and has everything to do with Wall Street firms that are artificially jacking up the price of oil in the energy futures markets,” Sanders wrote. “In other words, the same Wall Street speculators that caused the worst financial crisis since the 1930s through their greed, recklessness, and illegal behavior are ripping off the American people again by gambling that the price of oil and gas will continue to go up.”

Last year’s financial reform bill required the Commodities Futures Trading Commission to crack down on commodities speculation by imposing “position limits” -- a cap on the size of the bets that Wall Street traders can place. The agency was required to apply the new rules by January 22, but the CFTC has delayed the rules in order to collect data.

“What is particularly offensive is that this could and should have been prevented under current law,” Sanders wrote.

Doesn't sound like your summary, Mike?

[Ratmagiclady]

Gas would be cheap both going in and coming out of your engine if Big Oil didn't own the market of our lives.


Yes, I'm a 'liberal.' You were demanding private transportation only last year based on *what,* Cheap gas.

Just to live. I saw you scoff at public transport, never mind all things green or even conservation. You, along with many cons, *demanded* people be reliant on gas, and now of course, want the *people* made so dependent be the ones to pay... To keep Big Oil profits up, no less, with the subsidies they get by the billions even when *making record profits.*


Yeah, Mike, I'm a 'liberal.'

I also miss blowing the doors off dudes who think attitude and testosterone and waste make them think they can go faster. Especially if people need to get to work and they're blowing more out their *houses* than they burn in their hot rods and think they're proving something.

And you're one of the ones acting like your *masculinity's* threatened if we have any kind of responsible energy policy or less fossil-fuel dependence. *For everything.*

If I wanna threaten your masculinity, I'll do it with a smallblock Mopar and it'll burn clean, too, (Perhaps a *lot* if opened up, but clean) don't you worry. As for the rest of it, this is what you *demand.* While someone else 'supplies.' With subsidies, of course.


Think of it this way, Mikemike. Without the waste and subsidies while taxing the poor to get to work where you cut the transportation budget, we could *both* go cruisin' on a Saturday night.

---

Last edited by Ratmagiclady; 04-29-2011 at 01:36 PM.

[shooz]

Prove wallstreet isn't doing it mike!

Sanders is right. He's also honest.
Are you?

[Nesster]

... no wait! Wall Street has suddenly discovered altruistic Social Values! They're manipulating gas prices in order to force Americans to change their habits, to save the world from global warming, and to generally bring about the old time small town America featured in Reagan and Chevy ads! And all through God Provided Market Forces!

Those damn Socialists don't understand Americans, or Market Forces, and are as usual clueless: they say one thing but act the opposite. Not at all like Republicans!

[Ratmagiclady]

... no wait! Wall Street has suddenly discovered altruistic Social Values! They're manipulating gas prices in order to force Americans to change their habits, to save the world from global warming, and to generally bring about the old time small town America featured in Reagan and Chevy ads! And all through God Provided Market Forces!

Those damn Socialists don't understand Americans, or Market Forces, and are as usual clueless: they say one thing but act the opposite. Not at all like Republicans!

Notably, too, it'd seem Wal-Mart is suffering, no matter how much they cheapen the goods on offer... Could it be that maybe basing everything on starving out towns so they have to drive to buy crappy imported goods *doesn't* work when people just don't seem to have enough.. What, crappy jobs at Wal-Mart? Big surprise, there, eh?

[shooz]

You mean the libertarian dream is crashing?
Say it's not so.

Does this mean we may be able to move America forward again?
I stress--------MAY.
There's still FOX news and the fundies to be dealt with.

How come mike never finishes dealing with other statements he makes and instead just starts another outrageous thread?

[jeffkrol]

As Exxon reaps a30% gain they blame the gas station owners for high prices

Baby Bush says it supply and demand...

Translation : Our supply of money is dwindling (it's all relative) and we demand it from consumers.........

[shooz]

What?
They quit blaming India and China?

[mikemike]

Prove wallstreet isn't doing it mike!
Sanders is right. He's also honest.
Are you?

Maybe its got something to do with middle east uprising.

Maybe it has something to do with the difficulty in getting domestic drilling permits.

Maybe decades of poor urban planning and personal preferences for overpowered engines and oversized homes has made our dependence on oil for transportation fuels the weak link to economic growth. As the economy recovers, it is a bottleneck that higher gas prices will consume more of the incomes of people who choose to cling to archaic environmentally destructive lifestyles.

In Vermont, where it is not uncommon for people to commute 100 miles to work and back five days a week, the increased price of gas is taking a serious bite out of the paychecks of middle class families, many of whom are already working longer hours for lower wages. We have a responsibility to do everything we can to lower gas prices so that they reflect the fundamentals of supply and demand and bring needed relief to the American people at the gas pump.

Theres your problem. If your commute is 50 miles you leave yourself at the mercy of gas prices. This is no secret, there have been oil crises on and off for the past 70 years at least.

[shooz]

It's not those things mike.
It's wallstreet.
Why are you such continual denial?

I made a statement on this a while ago.
I wont repeat it.
Why didn't you respond then?

Did you need time to make stuff up?
Take a poke at Sanders?

[shooz]

Domestic supply is high, has been for a while now.
Demand is stable.
Profits are up,up,up and up.
Do the math.
Invisible hand again?
The hand of your God?

[mikemike]

Domestic supply is high, has been for a while now.
Demand is stable.
Profits are up,up,up and up.
Do the math.
Invisible hand again?
The hand of your God?

What do you mean by saying that domestic supply is "high?" We produce ~5600 barrels/day and consume ~19,000. It might be high relative to some production levels in the past but it is low compared to domestic consumption. Most of the oil in the world comes from places which are teetering on the brink of civil war, this year's weather has been unpredictable and severe, and there are risks of inflation from the federal reserve which is driving investment into commodities like oil.

Oil is a commodities business and when prices are high Exxon is no more to blame than a farmer for a high food prices, Nucor for high steel prices, or Freeport for high gold prices.

[Parallax]

Domestic supply is high, has been for a while now.
Demand is stable.
Profits are up,up,up and up.
...............

To expand on that, and the Wall Street aspect -
We are going to see another crash. Demand at the consumer level is relatively stable. The problem is with speculators. Every time somebody in the Middle East sneezes, or a hurricane is predicted in the Gulf, or the moon is in the Seventh House and Jupiter aligns with Mars, speculators assume prices will go up, so they start buying; thus driving prices higher. Every time the price goes up, they buy more. Anybody see a pattern here? Ultimately, the same thing will happen that happened a couple of years ago. The situation will stabilize and somebody is going to be stuck with billions of barrels of $70.00 oil that they paid $130.00 for.
Guess who's going to take it in the shorts again. Anybody who pays taxes, or has investments is going lose.
I think this is a good time to cash everything out and put it under your mattress.