DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - New Obama Recession, is a forgone conclussion at this point.

**neirty** · 04-23-2011, 03:31 PM

I suppose this is starting to look a little bit like the Carter era.

It is worth noting, however, that Obama has little to no control over gas prices. The best that I guess we could do would involve more drilling and refining, but our current refineries are already operating at about peak capacity, and getting a new refinery up and running takes several years.

I disagree.

If Bo opens up the Gulf and elsewhere to drilling--start issuing permits to Oil Companies other than that Brazilian company-- oil prices will immediately
begin to drop as speculaters see a greater supply and backup in the future.

But idiot Obama today again said the answer to high gasoline prices is renewable energy. Nobody believes that.
This issue alone will take him down in 2012.

04-23-2011, 03:31 PM	#40
neirty Join Date Oct 2005 Posts 615 Senior Member	I suppose this is starting to look a little bit like the Carter era. It is worth noting, however, that Obama has little to no control over gas prices. The best that I guess we could do would involve more drilling and refining, but our current refineries are already operating at about peak capacity, and getting a new refinery up and running takes several years. I disagree. If Bo opens up the Gulf and elsewhere to drilling--start issuing permits to Oil Companies other than that Brazilian company-- oil prices will immediately begin to drop as speculaters see a greater supply and backup in the future. But idiot Obama today again said the answer to high gasoline prices is renewable energy. Nobody believes that. This issue alone will take him down in 2012.
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