Jon Stewart on Bush and $4 a Gallon for Gas (Full Version)

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SugarMyChurro -> Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 11:00:31 AM)

Jon Stewart Ponders Bush's Ignorance About $4 Gas [Videos]
http://www.huffingtonpost.com/2008/03/07/jon-stewart-ponders-bush_n_90395.html

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I think the most interesting thing was being reminded of where gas was when Bush took office and what he has accomplished in the meanwhile: from $0.99 to a predicted $4.00 in the near future. I've already heard it's $5.00 plus for premium in some places.

Cui bono?



Level -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 11:08:12 AM)

I wonder what prices will do if Hillary or Obama take office?



Moloch -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 11:11:40 AM)

I wonder when we will look in the mirror and stop pointing fingers...



Owner59 -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 11:12:18 AM)

Great vid ,Sugar.

Thanks



SugarMyChurro -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 11:13:41 AM)

Okay, seriously...the guy is an oil man from TX and no one sees a connection?

[8|]

That's the man in the mirror's fault?

Puh-leaze...!



luckydog1 -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 11:14:51 AM)

What a funny clip.  It was great how Stewart could take Bush talking about the electrical crises, that had California black and browning out, as well as electrcitiy costs accross much of America tripling.  And with editing, and a bit of poetic liscence (or saying untrue things ) pretend he was talking about the Price of oil.  Then he proceded to make some funny jokes based on that completely false premise.  Jon actually states ( a direct lie, but since its a joke it's ok) that Bush is talking about the price of oil when he criticises the lack on an energy plan by Clinton.  The truely funny part about Stewart's show, which I watch when I get the chance--it's great entertainment, is that so many people take the obviously edited jokes as actually real and factual, and use them as part of the basis for thier political leanings and choices. 

Imaigne where America would be if millions of people did not form their views based on Comedians....



servantforuse -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 11:23:23 AM)

The President, no matter who he is has no control over the price of gasoline. The price is set by something called 'supply and demand'.



Moloch -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 11:38:07 AM)

quote:

ORIGINAL: servantforuse

The President, no matter who he is has no control over the price of gasoline. The price is set by something called 'supply and demand'.

Yes but they are talking about the administration policy. Clinton administration gave out many research grants and directly funded research for alternative engergy technology, and energy efficency programs and materials. Bush pretty much cut off all of that funding and pretty much stopped the research.



Owner59 -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 11:50:37 AM)

quote:

ORIGINAL: servantforuse

The President, no matter who he is has no control over the price of gasoline. The price is set by something called 'supply and demand'.


Not true.

15-25 % of the cost of oil out of the middle east is risk.

That money doesn`t pay for the oil,it pays for the insurance and "other" costs that come with war in the ME.

Every time the POTUS even mentions war w/ Iran, the spec market jumps.Then the price goes up for everyone,everywhere.

The high cost of oil and the effect that the ME wars on the market are directly tied to Bush`s ME policy.




pahunkboy -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 12:07:39 PM)

As you know PA is on the campaine trail.  2 local universerisies are trying to get Obama or Hillary to an event.

if so- i would like to go.

i think  it would be hard to get in tho.  bucknell tends to allow studenst 1st shot. 

with the literal hours of tv coverage- not much meat in the debate.

SO, how to be more then a campaign prop?

or maybe why bother.

how to re-direct the debate into hard issues- not the same worn out speech.

the weeks ahead will get even stingier.

im annoyed that the country might go thru this non-sense.

who the hell wnats to be a campaigne prop.

teh 3 am call"?   per haps some emergency where a fortune 500 company wants to escape liability?

not ever 3am call is ....important   [even on 9-11 the airlines were on phone to not be sued]



PlayfulOne -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 12:16:02 PM)

quote:

ORIGINAL: servantforuse

The President, no matter who he is has no control over the price of gasoline. The price is set by something called 'supply and demand'.


This president with his ill advised war has set the price for oil.  There is no shortage in the supply, prices for oil are not  high because of lack of supply.  The spec market goes nuts everytime there is a hitch in Iraq.  The fear is their is going to be a disruption in the supply and the trading prices get out of hand as a reflection of that. 

The problem rest with this president and the administration he has.

K



DomKen -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 12:40:19 PM)

Don't forget that the folks driving up the price, and getting even richer in the process, are confident Bush won't open the strategic oil reserve. We're sitting on 700 million barrels that we could put into the market to bring down prices if this was really about supply and demand. Unfortunately what this is really about is Bush/Cheney letting their pals in the oil industry gouge as much from the rest of us as they can before next January.

Personally I predict sub $2 a gallon gas in the summer of 2009 as long as Bush/Cheney actually give up power.



mnottertail -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 12:45:49 PM)

There is absolutely no shortage of oil.  Period.  The rise is far and away above what is risked in the middle east.  This is paper trading of a commodity. We can only hope that some dickweasel speculators buy it at a couple hundred a barrel and it collapses back down to around $50, which would be a reasonable risk adjusted price including greater demands from india, china and the troubles in the middle east.

Ron



farglebargle -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 2:41:21 PM)

Don't forget how Bush's destruction of the value of the Dollar contributes directly to the INFLATED price of a barrel of oil...





xBullx -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 2:48:10 PM)

Do you ever look around yourself on the highway, all those SUV's and dammit if there isn't just one person in the vehicle a great deal of the time, we live "fat" and "happy" and also live to blame the other guy. Yes, it's a country that belongs to all of us; this country is employeee owned; the man in the mirror shares an equal burden to that of  the _______ in chief.

To keep laying this on his oil connection is denial for betterment of the problem. We all know this fact, what are you going to do about it?

To just bitch about his connections and not remove the importance of his connection is useless documentary. We can't sit and wait for some damn political messiah, to assume Obama or McCain or anyone else will accomplish anything any different is simply intellectual suicide. There are no supermen. But amazingly enough as a nation working together we have a chance. But only then will we no longer be puppets of the present dictators, the hidden masters of greed, those that own the whores that sell their integrity to the highest bidder.

Ahh the human condition.........................

Try to remember though, with added voice, with added input, with added power in the process comes added responsibilities and that dreaded word accountability.

In case you haven't noticed, my political agenda is self awareness and self accountability, get used to it, we're in this together, we can take part in the process or shut the fuck up except one phrase, can you say "yes master".

quote:

ORIGINAL: SugarMyChurro

Okay, seriously...the guy is an oil man from TX and no one sees a connection?

[8|]

That's the man in the mirror's fault?

Puh-leaze...!



xBullx -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 2:54:12 PM)

Good job Ron, at least someone is looking at the reality of things, beyond a single person to blame......

The Merc is the root of many evils. It also has great value, but its direction is easily corrupted.

Things that can so easily distabalize the economy should not be open for trade. But that's just me thinking that; I'm sure the Arabs and Exxon love going long and convincing the funds to case along.

So much for the days of price following supply and demand.

quote:

ORIGINAL: mnottertail

There is absolutely no shortage of oil.  Period.  The rise is far and away above what is risked in the middle east.  This is paper trading of a commodity. We can only hope that some dickweasel speculators buy it at a couple hundred a barrel and it collapses back down to around $50, which would be a reasonable risk adjusted price including greater demands from india, china and the troubles in the middle east.

Ron



xBullx -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 3:00:49 PM)

Pull your head out....the devaluation of the dollar was supposed to inspire the purchase of US products on the world markets. And crazy enough that's the only implemented plan that is being met with success.The problem that this generates is now the increased demand for our products is elevating the price many things we have grown accustomed to purchasing cheaply, like food.

We used to bitch about the trade deficit if you recall. Not so much anymore. When that dollar was strong and able to buy, we did buy and they couldn't afford to buy from us, now they buy and we can't. Do try and figure it out; you can't have it both ways, it just don't work that way.

Typical though, many of us spoiled ass types think we can have our cake and eat it too.



farglebargle -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 3:17:32 PM)

quote:

the devaluation of the dollar was supposed to inspire the purchase of US products on the world markets.


What US products? Even the air-force doesn't want Boeings...



Smith117 -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 3:24:29 PM)

quote:

ORIGINAL: PlayfulOne

This president with his ill advised war has set the price for oil.  There is no shortage in the supply, prices for oil are not  high because of lack of supply.  The spec market goes nuts everytime there is a hitch in Iraq.  The fear is their is going to be a disruption in the supply and the trading prices get out of hand as a reflection of that. 

The problem rest with this president and the administration he has.



This comment is hilarious to me. After a quick google search I found this:
Crude Oil Imports (Top 15 Countries)
(Thousand Barrels per Day) Country Dec-07 Nov-07 YTD 2007 Dec-06 Jan - Dec 2006
CANADA 1,784 1,919 1,864 1,830 1,802 SAUDI ARABIA 1,675 1,530 1,453 1,471 1,423 VENEZUELA 1,246 1,227 1,150 1,045 1,142 MEXICO 1,234 1,484 1,410 1,245 1,577 NIGERIA 1,210 1,245 1,082 1,010 1,037 ANGOLA 439 408 496 610 513 IRAQ 378 508 485 419 553
As you can see, Iraq is in 7th place for importing oil to the US. It's behind Canada, Saudi Arabia, Venezuela, Mexico, Nigeria, and Angola. The number of barrels has been far below what we get from the other counties in the  list. So for those of you who think this "ill-advised war for oil" caused the oil prices....could you explain how that's true considering most of our oil doesn't even come from Iraq?



mnottertail -> RE: Jon Stewart on Bush and $4 a Gallon for Gas (3/8/2008 3:33:21 PM)

While you are running around, check the oil futures and contracts from 2003 to present, (the war) and then consider the worldwide usage per the same timeframe, understand that markets are driven by fear, a corrollary to this is --- why did CountryWide  (a mortgage lender) lose 90% of its value?  No way that 90% of its loans, prime and sub-prime were bad.

There is a speculation bubble, just like in the mortgage industry, and allota someones are going to make a shitload, and alotta someones are gonna get it in the ass.

If oil is so expensive, how is it that oil companies are making record profits? answer that, you are looking at realistic numbers........that's the part and parcel of it. Not the way the markets work. 

Ron  



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