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Ilsa

(63,431 posts)

14. I was explaining some of this to someone today.

Reply to Yavin4 (Original post)

Thu Feb 23, 2012, 06:55 PM

Feb 2012

"We" don't get to keep the oil pumped here. It was given to the oil companies to sell to the highest bidder as part of our "free market" economy. It becomes part of a global market pool or resource. I also reminded them that oil speculators are driving the price up, and that the problems in Iran and Syria are causing speculator unrest.

I reminded them that Iran nationalized their oil decades ago, we didnt like it, so we helped overthrew their government and installed the Shah who sold their oil to the oil companies, including American ones.

The two or three people listening were dumbfounded.

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Highlight:

Dear America, Gas Prices Are Going to Rise No Matter Who Is President of the U.S. [View all] Yavin4 Feb 2012 OP

Besides a Republican president wouldn't dare interfere with the 'free marker'. sinkingfeeling Feb 2012 #1

Not True RobertEarl Feb 2012 #2

Yep. Speculation and Big Oil making money off EXPORTS of US refined oil KeepItReal Feb 2012 #4

But Newty promised 2 dollar gas and rainbow pooping unicorns for all americans workinclasszero Feb 2012 #3

Martin Bashir just said the only thing Newt is good at taking down are his own underpants aint_no_life_nowhere Feb 2012 #6

Blammo! hifiguy Feb 2012 #16

LOLZ thats a fact, eh? :D /nt workinclasszero Feb 2012 #18

gasoline /fuel products are our number one export madrchsod Feb 2012 #5

Yep, it's my understanding that's the problem -- speculation -- NOT a shortage of oil. nt gateley Feb 2012 #8

Blaming Obama for gas prices is like blaming the MLB commissioner when your team loses. Initech Feb 2012 #7

I always blame Selig, he's a hack and has made terrible moves as commissioner, but I digress. /nt Drale Feb 2012 #10

Amen. JDPriestly Feb 2012 #9

Anyone that thinks libtodeath Feb 2012 #11

Completely bogus. girl gone mad Feb 2012 #12

K&R. Jesus, people, quit thinking short-term. Ron Green Feb 2012 #13

I was explaining some of this to someone today. Ilsa Feb 2012 #14

Well, no, part of the problem is that the US is a net oil importer Spider Jerusalem Feb 2012 #15

fracking A spanone Feb 2012 #17