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Will GWB's approval rating drop to single digits if this happens?---

 

http://www.cnn.com/2008/LIVING/04/23/gas.prices/index.html

 

If gas hits $4 per this summer, the crap'll hit the fan.

It's not just about families taking the bite in the wallet. This will have a ricochet effect across the whole country in every single industry and business in existence.

 

People will stay home instead of vacationing. Groceries, and everything we buy will increase in price. Inflation will start to escalate rapidly. Our dollars will lose even more value on the international market, which will make it harder to compete for oil, and it snowballs from there.

 

Companies will start hacking jobs, as they always do as a first response to lagging profits. The first thing to go is always jobs, especially the ones that are filled by long term, valuable employees who have good wages and solid benefit packages.

Unemployment will soar.

 

GWB will be leaving office in the midst of a bad recession. Another American Depression is very likely.

 

Not good.

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Sad but true. GW BUSH has done nothing but try to finish what his daddy could not, and that is the reason we are where we are.

 

The one thing I don't understand is why in the HE double L does this pass by the media ? Why are people NOT coming together and causing a HUGE up roar ? Could it be that people have just gotten to the point of ACCEPTING things the way they are ?

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I wonder what China and the Middle East approval rating is?now that they use more barrels of oil than the U.S. and drove the price up.Sense Bush single-handedly is in control of the price at the pump he should be impeached,like Clinton was.

 

Yeah, right.

 

He's solely responsible for another attack not happening on our soil (and somehow our continuing occupation of Iraq is the magic formula) but he's totally impotent when it comes to saving the American economy from what could be the worst period since the Great Depression.

 

I'm sure he's long since cut all ties to Big Oil since his Daddy arranged that bailout of his failed oil company. I'm sure he hasn't talked to his buddies in the oil biz for years.

 

How can he be so All Powerful and yet so weak at the same time?

 

Here's what you don't get: At least 3/4 of all Americans can still add 2 and 2 and come up with 4. You and your shrinking band of Bushbots have forgotten how to, if you ever knew at all.

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Yeah, right.

 

He's solely responsible for another attack not happening on our soil (and somehow our continuing occupation of Iraq is the magic formula) but he's totally impotent when it comes to saving the American economy from what could be the worst period since the Great Depression.

 

I'm sure he's long since cut all ties to Big Oil since his Daddy arranged that bailout of his failed oil company. I'm sure he hasn't talked to his buddies in the oil biz for years.

 

How can he be so All Powerful and yet so weak at the same time?

 

Here's what you don't get: At least 3/4 of all Americans can still add 2 and 2 and come up with 4. You and your shrinking band of Bushbots have forgotten how to, if you ever knew at all.

It's not his fault the Demos give free money out to scumbags,that was going on long before Bush took office,I know let's raise taxes raise the price of water demoralize the country then blame Bush,that will surely sway some stupid voters,I just hope if Hillary wins she doesn't get attacked by snipers again.

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I wonder what China and the Middle East approval rating is?now that they use more barrels of oil than the U.S. and drove the price up.Sense Bush single-handedly is in control of the price at the pump he should be impeached,like Clinton was.

 

 

 

despite being factually incorrect, your post points to paranoia and fantasies. maybe you should stick to playing dundgeons and dragons with your other uninformed dorky friends.

 

 

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despite being factually incorrect, your post points to paranoia and fantasies. maybe you should stick to playing dundgeons and dragons with your other uninformed dorky friends.

 

 

@

April 21 (Bloomberg) -- Traffic jams in Beijing and humming air conditioners in Dubai are replacing U.S. highways and suburbs as the driver of global oil prices.

 

China, India, Russia and the Middle East for the first time will consume more crude oil than the U.S., burning 20.67 million barrels a day this year, an increase of 4.4 percent, according to the International Energy Agency in Paris. U.S. demand will contract 2 percent to 20.38 million barrels daily, the IEA says.

 

Economic growth of more than 8 percent in China and India, coupled with increasing car ownership among the countries' combined populations of 2.45 billion people, will more than compensate for falling U.S. demand. Oil use worldwide will increase 2 percent this year because of growth in emerging markets, the Paris-based IEA says.

 

``Does the U.S. matter anymore?'' said Mike Wittner, head of oil research at Societe Generale SA in London. ``Has the U.S. mattered for the last few years? It is debatable. As far as the oil market is concerned, demand growth is going to be continued to be driven by China and the Middle East.''

 

The rising oil price will benefit Exxon Mobil Corp., BP Plc and Royal Dutch Shell Plc, while punishing a U.S. airline industry that recorded four bankruptcies in a month. Higher energy costs will push up food costs at a time when corn and rice are close to new highs.

 

Crude oil futures rose 79 cents to settle at a record $117.48 a barrel on the New York Mercantile Exchange today, more than twice the level of three years ago.

 

Emerging Markets

 

CIBC World Markets, Societe Generale and Barclays Plc say oil prices are heading higher because of increasing fuel consumption in emerging markets, regardless of a U.S. downturn.

 

``The U.S. recession will be a footnote as far as the oil market is concerned,'' says Jeffrey Rubin, chief economist at CIBC World Markets Inc. in Toronto, who has correctly forecast higher oil prices since 2000. ``Supply isn't growing and demand is growing robustly in the developing world.''

 

Oil will average $120 a barrel for all of 2008, compared with almost $98 in the first quarter of the year, and reach $150 ``by the end of the decade,'' Rubin said.

 

Historically, a recession in the U.S. would lead to lower prices. Oil fell 26 percent to $19.84 a barrel in New York in 2001 when the economy contracted. The U.S. consumes 24 percent of the world's oil, down from 26 percent seven years ago.

 

Oil demand in both China and India will rise by 4.7 percent, according to the IEA. China, the world's second-biggest energy user, will consume 7.89 million barrels of oil a day this year. India will use 2.92 million barrels of oil a day in 2008, more than is pumped by OPEC member Venezuela.

 

Energy Use

 

Emerging markets burn a fraction of the energy of the U.S., leaving room for growth. The 2.45 billion people in China and India used only half as much crude as 301 million Americans last year. The average person in China consumed less than 20 percent as much energy as the average American in 2005, according to U.S. Energy Department. In India, energy use is less than 10 percent of America on a per-capita basis.

 

China's passenger car sales jumped 22 percent to 6.298 million last year and may rise 16 percent to about 7.3 million this year. China may boost vehicle output by a million units a year for the next decade to reach 20 million a year by 2017, according to the China Association of Automobile Manufacturers.

 

Russia and the Middle East are benefiting from rising oil prices. Russia's economy expanded at an annual 8 percent rate in the first quarter, the Economy Ministry said on April 17. Russia, the world's second-biggest oil exporter, will probably grow 7.1 percent this year, Russian Finance Minister Alexei Kudrin said on April 11.

 

Russian Growth

 

The Russian government plans to spend some of its new wealth on updating Soviet era transport links. Russia may invest as much as 21 trillion rubles ($895 billion) to improve transportation infrastructure during the next seven years, Transport Minister Igor Levitin said on Feb. 1.

 

Middle Eastern economic growth will probably accelerate to 6.1 percent this year from 5.8 percent in 2007, the International Monetary Fund said April 9. Oil demand in the region will surge 5.8 percent to 6.97 million barrels a day this year, according to the IEA.

 

``Many emerging economies are relatively isolated from the impact of the U.S. recession,'' said Edward Morse, chief energy economist at Lehman Brothers Holdings Inc. in New York. ``In the Middle East demand is expected to grow 350,000 barrels a day this year. These are a large number of very small countries having rampant demand growth.''

 

Hot Summer

 

Prices may rise as much as $20 a barrel this summer because of Middle East power needs, Morse said. A hot summer would likely result in more burning of crude oil for power generation and a diversion of natural gas from enhanced recovery of oil deposits.

 

``The predominant market view is that the emerging economies will overcompensate for any possible demand slump in OECD countries,'' said Eugen Weinberg, an analyst at Commerzbank AG in Frankfurt. ``I couldn't rule out that oil may go to $150.''

 

The Paris-based Organization for Economic Cooperation and Development represents 30 industrialized nations, including the U.S., Japan and Germany.

 

Government price caps and subsidies in India, China and the Middle East protect the public from higher gasoline and diesel prices, measures designed to limit inflation. In Iran, OPEC's second-biggest oil producer, subsidized gasoline pump prices are 1,000 rials a liter, about 11 U.S. cents.

 

Price Subsidies

 

``Subsidies of commodity prices buffer populations in oil emerging economies from price increases,'' Morse said. ``This has the effect of increasing fuel demand.''

 

U.S. pump prices have followed crude oil higher. Regular gasoline, averaged nationwide, rose 2.7 cents to a record $3.445 on April 18, according to AAA, the nation's largest motorist organization. In the U.K. a gallon of gasoline cost $7.99 on average on March 31, according the Automotive Association.

 

``Even if the fundamentals in general, particularly this quarter, were to weaken, we would think investment flow could be pushing prices to records anyway,'' Wittner said.

 

Investors have transferred money into commodities, especially energy, during the past year because their returns have outpaced stocks and bonds. Oil gained 22 percent, while the S&P 500 slid 5.6 percent and government bonds returned 12 percent, according to Merrill Lynch & Co. indexes.

 

Investments tied to commodity indexes rose as much as $4 billion in the first quarter, a third more than in the final three months of last year, Standard & Poor's said April 18.

 

``It makes sense for investors and hedge funds to invest in these commodities with the weakness of other markets,'' said Eric Wittenauer, an energy analyst at Wachovia Securities in St. Louis.

 

To contact the reporter on this story: Mark Shenk in New York at mshenk1@bloomberg.net.

Last Updated: April 21, 2008 16:21 EDT

 

www.bloomberg.com/apps/news?pid=20601103&sid=a_YCEx7do3LQ&refer=us

 

 

@

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April 21 (Bloomberg) -- Traffic jams in Beijing and humming air conditioners in Dubai are replacing U.S. highways and suburbs as the driver of global oil prices.

 

China, India, Russia and the Middle East for the first time will consume more crude oil than the U.S., burning 20.67 million barrels a day this year, an increase of 4.4 percent, according to the International Energy Agency in Paris. U.S. demand will contract 2 percent to 20.38 million barrels daily, the IEA says.

 

Economic growth of more than 8 percent in China and India, coupled with increasing car ownership among the countries' combined populations of 2.45 billion people, will more than compensate for falling U.S. demand. Oil use worldwide will increase 2 percent this year because of growth in emerging markets, the Paris-based IEA says.

 

``Does the U.S. matter anymore?'' said Mike Wittner, head of oil research at Societe Generale SA in London. ``Has the U.S. mattered for the last few years? It is debatable. As far as the oil market is concerned, demand growth is going to be continued to be driven by China and the Middle East.''

 

The rising oil price will benefit Exxon Mobil Corp., BP Plc and Royal Dutch Shell Plc, while punishing a U.S. airline industry that recorded four bankruptcies in a month. Higher energy costs will push up food costs at a time when corn and rice are close to new highs.

 

Crude oil futures rose 79 cents to settle at a record $117.48 a barrel on the New York Mercantile Exchange today, more than twice the level of three years ago.

 

Emerging Markets

 

CIBC World Markets, Societe Generale and Barclays Plc say oil prices are heading higher because of increasing fuel consumption in emerging markets, regardless of a U.S. downturn.

 

``The U.S. recession will be a footnote as far as the oil market is concerned,'' says Jeffrey Rubin, chief economist at CIBC World Markets Inc. in Toronto, who has correctly forecast higher oil prices since 2000. ``Supply isn't growing and demand is growing robustly in the developing world.''

 

Oil will average $120 a barrel for all of 2008, compared with almost $98 in the first quarter of the year, and reach $150 ``by the end of the decade,'' Rubin said.

 

Historically, a recession in the U.S. would lead to lower prices. Oil fell 26 percent to $19.84 a barrel in New York in 2001 when the economy contracted. The U.S. consumes 24 percent of the world's oil, down from 26 percent seven years ago.

 

Oil demand in both China and India will rise by 4.7 percent, according to the IEA. China, the world's second-biggest energy user, will consume 7.89 million barrels of oil a day this year. India will use 2.92 million barrels of oil a day in 2008, more than is pumped by OPEC member Venezuela.

 

Energy Use

 

Emerging markets burn a fraction of the energy of the U.S., leaving room for growth. The 2.45 billion people in China and India used only half as much crude as 301 million Americans last year. The average person in China consumed less than 20 percent as much energy as the average American in 2005, according to U.S. Energy Department. In India, energy use is less than 10 percent of America on a per-capita basis.

 

China's passenger car sales jumped 22 percent to 6.298 million last year and may rise 16 percent to about 7.3 million this year. China may boost vehicle output by a million units a year for the next decade to reach 20 million a year by 2017, according to the China Association of Automobile Manufacturers.

 

Russia and the Middle East are benefiting from rising oil prices. Russia's economy expanded at an annual 8 percent rate in the first quarter, the Economy Ministry said on April 17. Russia, the world's second-biggest oil exporter, will probably grow 7.1 percent this year, Russian Finance Minister Alexei Kudrin said on April 11.

 

Russian Growth

 

The Russian government plans to spend some of its new wealth on updating Soviet era transport links. Russia may invest as much as 21 trillion rubles ($895 billion) to improve transportation infrastructure during the next seven years, Transport Minister Igor Levitin said on Feb. 1.

 

Middle Eastern economic growth will probably accelerate to 6.1 percent this year from 5.8 percent in 2007, the International Monetary Fund said April 9. Oil demand in the region will surge 5.8 percent to 6.97 million barrels a day this year, according to the IEA.

 

``Many emerging economies are relatively isolated from the impact of the U.S. recession,'' said Edward Morse, chief energy economist at Lehman Brothers Holdings Inc. in New York. ``In the Middle East demand is expected to grow 350,000 barrels a day this year. These are a large number of very small countries having rampant demand growth.''

 

Hot Summer

 

Prices may rise as much as $20 a barrel this summer because of Middle East power needs, Morse said. A hot summer would likely result in more burning of crude oil for power generation and a diversion of natural gas from enhanced recovery of oil deposits.

 

``The predominant market view is that the emerging economies will overcompensate for any possible demand slump in OECD countries,'' said Eugen Weinberg, an analyst at Commerzbank AG in Frankfurt. ``I couldn't rule out that oil may go to $150.''

 

The Paris-based Organization for Economic Cooperation and Development represents 30 industrialized nations, including the U.S., Japan and Germany.

 

Government price caps and subsidies in India, China and the Middle East protect the public from higher gasoline and diesel prices, measures designed to limit inflation. In Iran, OPEC's second-biggest oil producer, subsidized gasoline pump prices are 1,000 rials a liter, about 11 U.S. cents.

 

Price Subsidies

 

``Subsidies of commodity prices buffer populations in oil emerging economies from price increases,'' Morse said. ``This has the effect of increasing fuel demand.''

 

U.S. pump prices have followed crude oil higher. Regular gasoline, averaged nationwide, rose 2.7 cents to a record $3.445 on April 18, according to AAA, the nation's largest motorist organization. In the U.K. a gallon of gasoline cost $7.99 on average on March 31, according the Automotive Association.

 

``Even if the fundamentals in general, particularly this quarter, were to weaken, we would think investment flow could be pushing prices to records anyway,'' Wittner said.

 

Investors have transferred money into commodities, especially energy, during the past year because their returns have outpaced stocks and bonds. Oil gained 22 percent, while the S&P 500 slid 5.6 percent and government bonds returned 12 percent, according to Merrill Lynch & Co. indexes.

 

Investments tied to commodity indexes rose as much as $4 billion in the first quarter, a third more than in the final three months of last year, Standard & Poor's said April 18.

 

``It makes sense for investors and hedge funds to invest in these commodities with the weakness of other markets,'' said Eric Wittenauer, an energy analyst at Wachovia Securities in St. Louis.

 

To contact the reporter on this story: Mark Shenk in New York at mshenk1@bloomberg.net.

Last Updated: April 21, 2008 16:21 EDT

 

www.bloomberg.com/apps/news?pid=20601103&sid=a_YCEx7do3LQ&refer=us

 

 

@

 

 

 

you have proven once again you are the dumbest human on the planet. the article says that all of those countries COMBINED will cunsume more oil than the USA this year. it's not each country. the USA STILL almost triples the amount of crude oil used yearly. google it and you will see what a moron you are. the USA uses approx. 22 mil barrels per day. the next country, china, is approx 8 million and change. those are current stats. you're so dumb you can't even comprehend an article a middle schooler could. why do you post? why do you think you know things? just stop. you are an idiot. re-read your article then do some googling. can you handle that? it would be funny if it weren't so pathetic.

 

 

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you have proven once again you are the dumbest human on the planet. the article says that all of those countries COMBINED will cunsume more oil than the USA this year. it's not each country. the USA STILL almost triples the amount of crude oil used yearly. google it and you will see what a moron you are. the USA uses approx. 22 mil barrels per day. the next country, china, is approx 8 million and change. those are current stats. you're so dumb you can't even comprehend an article a middle schooler could. why do you post? why do you think you know things? just stop. you are an idiot. re-read your article then do some googling. can you handle that? it would be funny if it weren't so pathetic.

 

 

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Yea I said China AND the Middle East,you spelled consume wrong HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA next time google it first can you handle that

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Thank you, Galvatron, for that Bloomberg article. The first 2 paragraphs say it all:

 

"Traffic jams in Beijing and humming air conditioners in Dubai are replacing U.S. highways and suburbs as the driver of global oil prices."

 

"China, India, Russia and the Middle East for the first time will consume more crude oil than the U.S., burning 20.67 million barrels a day this year, an increase of 4.4 percent, according to the International Energy Agency in Paris. U.S. demand will contract 2 percent to 20.38 million barrels daily, the IEA says."

 

It's also typical... as soon as you cite a credible article, the next anonymous poster replies with a personal attack and tells YOU to do more research.

 

We knew this was coming. It's also know that world demand for oil and gas is going to continue to increase another 45% by 2030.

 

http://www.energytomorrow.org/

 

"The Department of Interior estimates there are 112 billion barrels of technically recoverable oil beneath U.S. federal lands and coastal waters. That’s enough to fuel 60 million cars for 60 years..."

 

Unfortunately, we are deliberately withholding that oil from ourselves right now. Congress is completely intent on investing in biofuels and windpower instead. It was in the news today, that drought and our quest to plow crops into biofuels is already causing global food shortages.

 

http://www.nytimes.com/2008/04/15/business...nting&scp=1

 

"The idea of turning farms into fuel plants seemed, for a time, like one of the answers to high global oil prices and supply worries. That strategy seemed to reach a high point last year when Congress mandated a fivefold increase in the use of biofuels."

 

"But now a reaction is building against policies in the United States and Europe to promote ethanol and similar fuels, with political leaders from poor countries contending that these fuels are driving up food prices and starving poor people...."

 

I'm all for finding alternative sources for energy. I'm all for conservation (I rode my 60+ mpg motorcycle to work today). We should also petition Congress to drill for all the oil we can and allow the permit process for more refineries as soon as possible.

 

Unfortunately for our country, our two local Congressmen, Arcuri and Hinchey are going bass-ackwards:

 

http://www.issues2000.org/NY/Michael_Arcuri_Energy_+_Oil.htm

 

http://www.issues2000.org/NY/Maurice_Hinch...tm#Energy_+_Oil

 

Scott

 

 

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Thank you, Galvatron, for that Bloomberg article. The first 2 paragraphs say it all:

 

"Traffic jams in Beijing and humming air conditioners in Dubai are replacing U.S. highways and suburbs as the driver of global oil prices."

 

"China, India, Russia and the Middle East for the first time will consume more crude oil than the U.S., burning 20.67 million barrels a day this year, an increase of 4.4 percent, according to the International Energy Agency in Paris. U.S. demand will contract 2 percent to 20.38 million barrels daily, the IEA says."

 

It's also typical... as soon as you cite a credible article, the next anonymous poster replies with a personal attack and tells YOU to do more research.

 

We knew this was coming. It's also know that world demand for oil and gas is going to continue to increase another 45% by 2030.

 

http://www.energytomorrow.org/

 

"The Department of Interior estimates there are 112 billion barrels of technically recoverable oil beneath U.S. federal lands and coastal waters. That’s enough to fuel 60 million cars for 60 years..."

 

Unfortunately, we are deliberately withholding that oil from ourselves right now. Congress is completely intent on investing in biofuels and windpower instead. It was in the news today, that drought and our quest to plow crops into biofuels is already causing global food shortages.

 

http://www.nytimes.com/2008/04/15/business...nting&scp=1

 

"The idea of turning farms into fuel plants seemed, for a time, like one of the answers to high global oil prices and supply worries. That strategy seemed to reach a high point last year when Congress mandated a fivefold increase in the use of biofuels."

 

"But now a reaction is building against policies in the United States and Europe to promote ethanol and similar fuels, with political leaders from poor countries contending that these fuels are driving up food prices and starving poor people...."

 

I'm all for finding alternative sources for energy. I'm all for conservation (I rode my 60+ mpg motorcycle to work today). We should also petition Congress to drill for all the oil we can and allow the permit process for more refineries as soon as possible.

 

Unfortunately for our country, our two local Congressmen, Arcuri and Hinchey are going bass-ackwards:

 

http://www.issues2000.org/NY/Michael_Arcuri_Energy_+_Oil.htm

 

http://www.issues2000.org/NY/Maurice_Hinch...tm#Energy_+_Oil

 

Scott

 

 

@

 

 

really. it's factually correct? russia is in the middle east? india also? the middle east has no significant oil consumption. dumb and dumber. why don't you mention we consume 3 times as much oil as the second ranked country? oh right, then the article and your retarded posts might actually reflect the reality of the situation. we can't have that.

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It's not his fault the Demos give free money out to scumbags,that was going on long before Bush took office,I know let's raise taxes raise the price of water demoralize the country then blame Bush,that will surely sway some stupid voters,I just hope if Hillary wins she doesn't get attacked by snipers again.

 

 

When you come down off that acid, reread what you wrote and then try to explain how it has anything to do with my post or the original post, ok?

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really. it's factually correct? russia is in the middle east? india also? the middle east has no significant oil consumption. dumb and dumber. why don't you mention we consume 3 times as much oil as the second ranked country? oh right, then the article and your retarded posts might actually reflect the reality of the situation. we can't have that.

"Middle East energy demand looks as if it will grow at the same rate as China but with 10 percent of the population," said Jeff Brown, managing director of Singapore-based FACTS Global Energy consultancy.

You are desperate,I wasn't trying to be a big bad factual guy,the point of my original post was Bush isn't in total control of the price of gas,if you don't like how much gas is used in the U.S. why don't you and the rest of the Demos stop''cunsuming''it,might cut in half,you're dumb.

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When you come down off that acid, reread what you wrote and then try to explain how it has anything to do with my post or the original post, ok?

What is your post?it has a lot to do,the OP was about Bush,and gas price and approval,if you read the Bloomberg article now you know there is a thing called supply and demand and it affects the price of oil.As long as lazy leeching scum are enabled to get free money(did you know they actually get cash money with that card)I don't want to hear any crying about the economy,especially from the Democrats.

 

 

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"Middle East energy demand looks as if it will grow at the same rate as China but with 10 percent of the population," said Jeff Brown, managing director of Singapore-based FACTS Global Energy consultancy.

You are desperate,I wasn't trying to be a big bad factual guy,the point of my original post was Bush isn't in total control of the price of gas,if you don't like how much gas is used in the U.S. why don't you and the rest of the Demos stop''cunsuming''it,might cut in half,you're dumb.

 

 

 

look up the source you used and i guarantee they recognize global warming. so the middle east will go up 10%? who cares? they don't use much to begin with. try and not screw up 1 post. you're an embarrassment to yourself.

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Sad but true. GW BUSH has done nothing but try to finish what his daddy could not, and that is the reason we are where we are.

 

The one thing I don't understand is why in the HE double L does this pass by the media ? Why are people NOT coming together and causing a HUGE up roar ? Could it be that people have just gotten to the point of ACCEPTING things the way they are ?

 

 

What I don't understand is how anyone could like or support NASCAR?

 

Not only is it boring watching cars driving in circles, but the average 3-day race, time trials, etc. waste about 200,000 gallons of fuel........

 

So don't complain about gas prices - you're part of the problem......

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look up the source you used and i guarantee they recognize global warming. so the middle east will go up 10%? who cares? they don't use much to begin with. try and not screw up 1 post. you're an embarrassment to yourself.

No they don't because the globe has not been getting warmer,don't you get sick of it,I prove you wrong every time,you are going to just have to accept it,Democrats are stupid and nothing you say or do will change it,MPD guy I know it's you.

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No they don't because the globe has not been getting warmer,don't you get sick of it,I prove you wrong every time,you are going to just have to accept it,Democrats are stupid and nothing you say or do will change it,MPD guy I know it's you.

 

 

 

And soon we we all have light sabers to protect us! And we can take off our aluminum foil hats! :blink:

 

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What is your post?it has a lot to do,the OP was about Bush,and gas price and approval,if you read the Bloomberg article now you know there is a thing called supply and demand and it affects the price of oil.As long as lazy leeching scum are enabled to get free money(did you know they actually get cash money with that card)I don't want to hear any crying about the economy,especially from the Democrats.

 

 

@

 

 

You're looney.

 

Plain and simple.

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Oh man that was a good one who is posting crap irrelevant to the topic now,thats the problem with Democrats they are stupid and hypocrites

 

 

I'm not a democrat, I'm just pointing out you're an idiot.

 

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I wonder what China and the Middle East approval rating is?now that they use more barrels of oil than the U.S. and drove the price up.Sense Bush single-handedly is in control of the price at the pump he should be impeached,like Clinton was.

 

I hate to keep busting your chops on the veracity of your posts, but once again you are completely wrong with the information you are giving.

 

The U.S. uses 25.2% of the world's oil which is 20,730,000 bb/day. China uses 7.9% which is 6,5324,000 bb/day and the next highest is Japan which uses 6.8% which is 5,578,000 bb/day.

 

After that everything is less ... look at http://www.nationmaster.com/graph/ene_oil_...oil-consumption to find the usage by each country.

 

When you start to talk of impeachment don't forget Cheney who probably had the most to do with the current situation. Remember his secret Energy Task Force? It was made up of his oil men buddies and that ilk.

 

Both of them ... the sock puppet in the Whitehouse and the man really in charge need to be impeached, convicted and sent to jail for ruining this country ... if for nothing else than taking a 2 trillion dollar surplus and turning it into a 5.5 trillion dollar deficit.

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