Article

2012-02-23 Home Front: Politix

Nancy Pelosi Issues Statement On Soaring Gas Prices

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by tipper 2012-02-23 03:51|| || Front Page|| [11134 views ] Top

#1 The wreckers and kulaks are sabotaging our economy, right?

Posted by Eric Jablow 2012-02-23 06:35|| 2012-02-23 06:35|| Front Page Top

#2 I think the correct term is saboteurs, EJ.

Posted by g(r)omgoru 2012-02-23 07:12|| 2012-02-23 07:12|| Front Page Top

#3 I was expecting "It's Bush's fault!"

Posted by Raj 2012-02-23 08:18|| 2012-02-23 08:18|| Front Page Top

#4 Gas consumption down. Gas production up. A barrel running around 104 compared to 2008 at 140. It's not the 'price' gas. It's a 1.4 trillion dollar stimulus along with two official and one on going QE by the Fed and Treasury. It's inflation. Your buck is busted. Nothing is going to talk or regulate the price down after you've debased the currency. Dear Nancy, reap what you have sown.

Posted by Procopius2k 2012-02-23 08:42|| 2012-02-23 08:42|| Front Page Top

#5 I'll save y'all from clicking the link. It's "Speculators."

(But surprisingly none named Soros, or Corzine).

After spending the last decade shafting domestic producers she's shocked, SHOCKED to find that speculation is going on in the industry.

Posted by Thing From Snowy Mountain 2012-02-23 08:44|| 2012-02-23 08:44|| Front Page Top

#6 Gas prices haven't risen.

The dollar has fallen.

Gas prices are pretty much constant when measured against other commodities.

EJ is right: this is one of the high commissars looking for an appropriate target to blame. I'm just surprised she didn't name the Koch Brothers specifically.

Posted by Steve White 2012-02-23 08:45|| 2012-02-23 08:45|| Front Page Top

#7 EJ: Also "hooligans" and "revanchists".

Posted by Anonymoose 2012-02-23 09:42|| 2012-02-23 09:42|| Front Page Top

#8 You forgot Marc Rich and his henchman Green to go with Soros and Corzine.

Of course the big game changer is that China's increase in oil consumption over the last ten years has been almost exponential.

Lastly, is it a coincidence or is it my imagination that oil prices went up right after the empty suit nixed the Canadian pipeline thingee.

It is also BS that it is price gouging. If you take the total income of one of the oil companies and figure out the profits, most oil companies make less in profits from manufacturing, distributing and selling gasoline than the Federal government makes in taxes on oil and oil products at every stage of production. To say that federal taxes on gasoline are only $0.18 per gallon is nearly as big a lie as our unemployment. There are import taxes on the oil, taxes on refining, taxes on distribution, intermediary taxes when the oil goes to the distributor and taxes when the distributor sells to the retail outlet. The pure net price of gasoline, world wide minus taxes and surcharges is about %0.85 per gallon the rest is government taxes. So the feds have no vested interests in lowerin gasoline prices because that is a revenue stream.

When John Kerry said that the ideal price for gasoline was $4.00 a gallon he did not mean it as a means of getting people to use mass transit, it was the ideal price for gasoline as the maximum people would tolerate and the best possible amount of tax revenue for the government to waste on the empty suit and his corrupt exploitation of the economy to pay off his cronies.

Posted by Bill Clinton 2012-02-23 10:23|| 2012-02-23 10:23|| Front Page Top

#9 Energy Sector, Housing Market, Health Sector. All major compnents of the U.S. Economy. All taken over or heavily regulated to death by these cock roached and they then have the gall to stand up their and blame the Republican party. And I can promise you, these debased maggots aren't going to back down.

Posted by George Ebbeamp4828 2012-02-23 11:16|| 2012-02-23 11:16|| Front Page Top

#10 Things are just far worse in this country than most think. We have not even started to feel obama's policies yet.

One day, the arab is not going to accept currency from the cowboy, and no one will even remember the wicked witch of the west.

Posted by newc 2012-02-23 11:57|| 2012-02-23 11:57|| Front Page Top

#11 The dollar may have fallen, but my paycheck has not risen.

Posted by gorb 2012-02-23 11:59|| 2012-02-23 11:59|| Front Page Top

#12 I don't remember Atlas shrugged being a guidebook...

Posted by Bright Pebbles 2012-02-23 14:28|| 2012-02-23 14:28|| Front Page Top

#13 So I wonder if her and hubby are cashing in on this while the gettins good? Or if they have somebody fronting for them? Madame Minority Leader's (I love calling her that) never been above making a buck on a crisis...

Posted by tu3031 2012-02-23 18:29|| 2012-02-23 18:29|| Front Page Top

#14 Madame Minority Leader's (I love calling her that)

What I'd love to call her is 'Inmate 445987.'

Posted by Glenmore 2012-02-23 19:09|| 2012-02-23 19:09|| Front Page Top

#15 mittens/paul will save our bacon! (Not!)

PALIN-BOLTON in 2012!

Posted by Elmising Poodle6592 2012-02-23 22:51|| 2012-02-23 22:51|| Front Page Top

23:55 JosephMendiola
23:43 JosephMendiola
23:27 JosephMendiola
23:23 JosephMendiola
23:20 JosephMendiola
22:51 Elmising Poodle6592
22:26 Elmising Poodle6592
22:14 JosephMendiola
22:06 JosephMendiola
21:57 JosephMendiola
21:45 Elmising Poodle6592
21:37 JosephMendiola
21:34 swksvolFF
21:28 Eric Jablow
21:21 Elmising Poodle6592
21:15 swksvolFF
21:10 swksvolFF
21:05 swksvolFF
20:53 Elmising Poodle6592
20:52 DepotGuy
20:37 Squinty Chaith8856
20:34 Frank G
20:14 Nimble Spemble
20:12 Bright Pebbles