Romney: Obama 'in part' to blame for gas prices

Mar 8, 2012 Full story: WECT-TV Wilmington 29

The president says he supports an "all-of-the-above" energy strategy that includes oil, gas, wind and solar power.

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Dingo

Sacramento, CA

#21 Mar 10, 2012
btw, oil companies receive no welfare nor subsidies
Who pays when the US Navy has to escort the oil tankers? YOUR pet duck?

the president insisted that lawmakers should vote in the next few weeks to repeal oil industry’s $4 billion federal subsidies.
.
Obama had already demanded that Congress repeal the oil industry subsidies on three occasions before Thursday’s request. Each time, the proposal was defeated following heavy industry lobbying
Mothra wrote:
<quoted text>
Once again, oil is sold on the world market.
Last year oil production increased a meager 0.01 mbd.
That doesn't offset the reduced production from Europe alone (0.3 mbd less).
Quit beating this dead narrative.
btw, oil companies receive no welfare nor subsidies and pay a lot of taxes.
Nancy

Willow Springs, MO

#22 Mar 10, 2012
HATE wrote:
There is two reasons gas prices are high.....
1. Speculation
2. GREED of oil companies...
So Obama can not control either of those.
There is plenty of supply and demand is down so dont lie GOP scum.
Yet you all blamed Bush for gas prices when he was in office, so I guess you were the Lib scum then, huh? And they could help control prices if we drilled our own oil, but we keep just depending on foreign oil, instead of using our own resources. We as a nation were stupid to let ourselves get in such a position to start with, but then that's what greed does I guess!
Rosco

United States

#23 Mar 10, 2012
Nancy wrote:
<quoted text>Yet you all blamed Bush for gas prices when he was in office, so I guess you were the Lib scum then, huh? And they could help control prices if we drilled our own oil, but we keep just depending on foreign oil, instead of using our own resources!
If we actually had our own oil we might use it but since we have 2% of the worlds supply it gets difficult to be independent .
Mothra

Phoenix, AZ

#24 Mar 10, 2012
Rosco wrote:
<quoted text>If we actually had our own oil we might use it but since we have 2% of the worlds supply it gets difficult to be independent .
"As we have said over and over, the U.S. actually has the largest fossil fuel deposits of any country in the world. Most people assume, as Obama intends, that “reserves” means oil in the ground. It doesn’t; not in the U.S., anyway. Here, the definition of “reserves” is controlled by securities law, not be geology. Oil isn’t counted as part of our “reserves” unless it is 1) legal to extract under current laws and regulations, and 2) economic to extract at current prices. So ANWR isn’t part of our reserves; the large majority of offshore areas that are off-limits to drilling are not part of our reserves; and all other deposits that can’t be accessed under current EPA regulations are not part of our reserves. Our reserves would grow overnight if the Democrats would allow more areas to be opened up for energy development."

http://www.powerlineblog.com/archives/2012/02...
Dingo

Sacramento, CA

#25 Mar 11, 2012
"As we have said over and over, the U.S. actually has the largest fossil fuel deposits of any country in the world
you read that in the National Enquirer ..., right?
.
try this link
https://www.cia.gov/library/publications/the-...
Mothra wrote:
<quoted text>
"As we have said over and over, the U.S. actually has the largest fossil fuel deposits of any country in the world. Most people assume, as Obama intends, that “reserves” means oil in the ground. It doesn’t; not in the U.S., anyway. Here, the definition of “reserves” is controlled by securities law, not be geology. Oil isn’t counted as part of our “reserves” unless it is 1) legal to extract under current laws and regulations, and 2) economic to extract at current prices. So ANWR isn’t part of our reserves; the large majority of offshore areas that are off-limits to drilling are not part of our reserves; and all other deposits that can’t be accessed under current EPA regulations are not part of our reserves. Our reserves would grow overnight if the Democrats would allow more areas to be opened up for energy development."
http://www.powerlineblog.com/archives/2012/02...
John

United States

#26 Mar 11, 2012
Mothra wrote:
<quoted text>
"As we have said over and over, the U.S. actually has the largest fossil fuel deposits of any country in the world.
Maybe but they were not talking about just oil you know. Take away the coal and natural gas and you don't have that much left. The claim means nothing when talking about oil.
gossamer

Warren, MI

#27 Mar 12, 2012
I'm tired of the middle east being brought in to this. We don't get a big supply from the middle east.

We get our oil from Canada.

Why does the middle east dictate our prices?

According to you Liberal nuts Bush started the Iraq war for oil.

Duh.
John

United States

#28 Mar 12, 2012
gossamer wrote:
I'm tired of the middle east being brought in to this. We don't get a big supply from the middle east.
We get our oil from Canada.
Why does the middle east dictate our prices?
According to you Liberal nuts Bush started the Iraq war for oil.
Duh.
Could it be because we buy our oil on the world market because we don't have enough to supply ourselves ?
Dingo

Sacramento, CA

#29 Mar 12, 2012
OPEC.
gossamer wrote:
I'm tired of the middle east being brought in to this. We don't get a big supply from the middle east.
We get our oil from Canada.
Why does the middle east dictate our prices?
According to you Liberal nuts Bush started the Iraq war for oil.
Duh.

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