Gman
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Fri May-06-11 06:38 PM
Response to Original message |
| 13. This is why oil is down 15% or so this week |
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to take this issue off the front burner. So they take some profits on their futures and let the price drift down until the heat's off again. They can always run it back up and do more profit taking later. And if all else fails, blame the Chinese.
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| -Obama Calls for End of Oil Subsidies |
kpete |
May-06-11 05:15 PM |
#0 |
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The GOP will fight to the death for Big Oil. |
Faygo Kid |
May-06-11 05:27 PM |
#1 |
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The Grand Oil Party? Yep. I don't think the Dems will fight too hard for us either. nt |
valerief |
May-06-11 05:33 PM |
#2 |
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Why didn't Obama mention this when he had the huge mandate after '08 election? |
defendandprotect |
May-07-11 01:03 AM |
#45 |
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I'd also like to know the answer to that question - is this just more campaign rhetoric? |
txlibdem |
May-07-11 07:23 AM |
#64 |
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I get the feeling he was just stockpiling for re-election |
RedCloud |
May-07-11 12:07 PM |
#76 |
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His deal making on RENEWING the tax cuts for wealthy seem in conflict with his new viewpoint? |
defendandprotect |
May-07-11 02:42 PM |
#87 |
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Faygo |
vt_native |
May-06-11 06:35 PM |
#12 |
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Good. I hope they die. nt |
Enthusiast |
May-07-11 05:59 AM |
#54 |
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Of couse. And, obviously, "we all" includes President Obama. |
No Elephants |
May-07-11 06:16 AM |
#56 |
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$5 Billion is the equivalent of $16 per person, per year in the U.S. |
Stuttgart77 |
May-07-11 12:33 PM |
#79 |
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You sound like George AWOL Bush |
tabasco |
May-07-11 08:13 PM |
#92 |
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Did you not hear me? |
Stuttgart77 |
May-07-11 08:37 PM |
#94 |
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Give them hell Barack |
era veteran |
May-06-11 05:40 PM |
#3 |
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K & R |
Scurrilous |
May-06-11 05:41 PM |
#4 |
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Well, Good for Obama. Looks like he wants to serve a second term. |
JDPriestly |
May-06-11 05:57 PM |
#5 |
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Did you mean country? But I also understand the United |
WHEN CRABS ROAR |
May-06-11 07:57 PM |
#20 |
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I did mean country. I wonder sometimes what is with my spelling |
JDPriestly |
May-06-11 11:50 PM |
#43 |
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For a minute I thought you were running a solar power company... |
goodnews |
May-07-11 01:03 PM |
#81 |
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Call me skeptical. In reality he just gave oil a big boost |
goodnews |
May-07-11 01:09 PM |
#82 |
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+1-- While he's in this mood, maybe someone should whisper MEDICARE FOR ALL in his ear? |
defendandprotect |
May-06-11 08:08 PM |
#22 |
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Deleted message |
Name removed |
May-07-11 12:20 PM |
#77 |
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Too bad this won't go anywhere with this Congress |
neverforget |
May-06-11 05:58 PM |
#6 |
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That's why Obama can say it n/t |
dflprincess |
May-06-11 10:47 PM |
#37 |
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+1 --- |
defendandprotect |
May-07-11 01:03 AM |
#46 |
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+1. See also, stories at links in Reply # 50. |
No Elephants |
May-07-11 06:11 AM |
#55 |
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And that is the game he plays. nt |
goodnews |
May-07-11 01:13 PM |
#83 |
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I thought the house just voted to keep the loopholes. nt. |
mucifer |
May-06-11 06:04 PM |
#7 |
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I wouldn't hold my breath..... |
lib2DaBone |
May-06-11 06:06 PM |
#8 |
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Gobama! |
closeupready |
May-06-11 06:07 PM |
#9 |
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We could balance the budget by taxing oil company profits 50%. |
Initech |
May-06-11 06:13 PM |
#10 |
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We should confiscate their wealth given the environmental damage they've done to planet --!! |
defendandprotect |
May-06-11 08:05 PM |
#21 |
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Great political initiative even if the congress doesn't act. |
cosmicone |
May-06-11 06:14 PM |
#11 |
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This is why oil is down 15% or so this week |
Gman |
May-06-11 06:38 PM |
#13 |
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How will the the poor oil companies make it? |
TPaine7 |
May-06-11 06:54 PM |
#14 |
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Long overdue call, and I applaud it... |
Auggie |
May-06-11 07:15 PM |
#15 |
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Big oil must at least be worried, they're running a lot of TV ads |
groundloop |
May-06-11 07:37 PM |
#18 |
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Raising taxes on gasoline consumers pay at the pump is a different issue entirely |
No Elephants |
May-07-11 07:20 AM |
#63 |
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'Bout Time! K&R! |
DRex |
May-06-11 07:29 PM |
#16 |
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About time... Too bad the Grand Oil Party will never go for it! n/t |
RoccoR5955 |
May-06-11 07:30 PM |
#17 |
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FDR should have NATIONALIZED oil in the 1940's .... unfortunately, |
defendandprotect |
May-06-11 07:56 PM |
#19 |
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Is there a link to he wanted to nationalize? |
Muskypundit |
May-07-11 03:03 AM |
#49 |
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Something like nationalizing oil would not likely have been part of any |
No Elephants |
May-07-11 05:17 AM |
#51 |
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Re your comments ... |
defendandprotect |
May-07-11 02:53 PM |
#89 |
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I did a (very) little poking around. This link says |
No Elephants |
May-07-11 07:38 AM |
#65 |
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We've just recently had this go-around here -- and someone did pull it up ... |
defendandprotect |
May-07-11 02:45 PM |
#88 |
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"unwarranted subsidies" means nothing to the low-informed. Call them BigOil Bailouts |
wordpix |
May-06-11 08:54 PM |
#23 |
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"...close tax loopholes for large oil companies..." |
unkachuck |
May-06-11 09:06 PM |
#24 |
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$75?? Is that all? |
Beartracks |
May-06-11 09:25 PM |
#25 |
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Typo on NY Times part. |
ohbill |
May-06-11 09:32 PM |
#29 |
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Wait -- so by tax credit, you mean... |
Beartracks |
May-06-11 10:38 PM |
#34 |
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It's a tax "credit", so it's not necessarily free money. |
ohbill |
May-06-11 10:55 PM |
#39 |
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Cool, thanks. n/t |
Beartracks |
May-06-11 11:48 PM |
#42 |
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Good luck with that - it ain't gonna happen unless we take back the House... |
polichick |
May-06-11 09:27 PM |
#26 |
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The Big Oil Party will not allow this to happen. |
sarcasmo |
May-06-11 09:28 PM |
#27 |
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Source is wrong: it's not $75 tax rebate, it's "Up to $7500" tax rebate to buy an electric car |
txlibdem |
May-06-11 09:31 PM |
#28 |
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Thanks for posting this- |
IronicNews |
May-06-11 10:43 PM |
#36 |
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I know, right? In many parts of the nation you can't bring the family out to dinner for $75 |
txlibdem |
May-07-11 07:19 AM |
#62 |
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Good start....noiw stick with it and then head down to Florida... |
Moostache |
May-06-11 09:55 PM |
#30 |
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Right! Mustache! |
angel2 |
May-07-11 11:01 AM |
#73 |
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! |
lonestarnot |
May-06-11 10:02 PM |
#31 |
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K&R |
ck4829 |
May-06-11 10:27 PM |
#32 |
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I knew he was a traitor!!!! |
Rage for Order |
May-06-11 10:35 PM |
#33 |
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Waiting to see what actually happens (if anything) may be prudent. |
No Elephants |
May-07-11 06:22 AM |
#57 |
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Really? |
IronicNews |
May-06-11 10:41 PM |
#35 |
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They're sucking us dry & add in the speculators. |
Historic NY |
May-06-11 10:50 PM |
#38 |
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WHAT A DARING STANCE!! : / |
OKDem08 |
May-06-11 11:19 PM |
#40 |
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Remember "Any bill I sign must include a public option"? |
MannyGoldstein |
May-06-11 11:37 PM |
#41 |
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Obama in campaign mode |
MilesColtrane |
May-07-11 12:51 AM |
#44 |
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Yup. n/t |
progressoid |
May-07-11 01:19 AM |
#47 |
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k&r |
Tripod |
May-07-11 01:23 AM |
#48 |
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actually, uh, no. what obama is doing is slashing corporate taxes (that's the plan, |
inna |
May-07-11 03:30 AM |
#50 |
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WOW. Thanks for those links. |
No Elephants |
May-07-11 05:43 AM |
#53 |
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K&R |
PuffedMica |
May-07-11 05:28 AM |
#52 |
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Woo Hoo! |
Shadowflash |
May-07-11 06:33 AM |
#58 |
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That was a typo from the source article |
txlibdem |
May-07-11 07:45 AM |
#66 |
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Watch them use this as an excuse to raise prices. |
Sirveri |
May-07-11 06:37 AM |
#59 |
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Good, now let's see what Congress will do with this. |
Cass |
May-07-11 06:51 AM |
#60 |
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if the republicans don't kill this, the opec nations will |
mopinko |
May-07-11 07:09 AM |
#61 |
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Now the commodities. Corn and wheat prices have doubled. |
russspeakeasy |
May-07-11 09:09 AM |
#67 |
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Obama is right, of course |
90-percent |
May-07-11 09:33 AM |
#68 |
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The solution to high prices at the pump is to do something that will increase prices at the pump |
slackmaster |
May-07-11 09:34 AM |
#69 |
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To recoup that 5 billion all they have to do |
madville |
May-07-11 10:09 AM |
#70 |
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Ah, he's too good at this. He'll probably get re-elected. -nt- |
DireStrike |
May-07-11 10:11 AM |
#71 |
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Hope it's a beginning-- |
angel2 |
May-07-11 10:27 AM |
#72 |
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Oh, yeah, Congress will jump on that. NOT. nt |
valerief |
May-07-11 11:53 AM |
#74 |
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$5B - how many schools could that help? |
dana_b |
May-07-11 12:02 PM |
#75 |
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Now THAT'S the Obama I voted for |
Taverner |
May-07-11 12:31 PM |
#78 |
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It sounds good but I dont think it is possible. nm |
rhett o rick |
May-07-11 12:55 PM |
#80 |
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About time. I have ZERO confidence this will ever happen, but people |
AllyCat |
May-07-11 01:13 PM |
#84 |
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He says one thing and does another. His "splendid" little war with |
goodnews |
May-07-11 01:17 PM |
#85 |
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We should institute an emergency oil profits tax. |
MessiahRp |
May-07-11 01:30 PM |
#86 |
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If anyone can do it, President Obama can. n/t |
Lindsey |
May-07-11 03:23 PM |
#90 |
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That would result in oil drying up for the entire U.S. |
Stuttgart77 |
May-07-11 07:27 PM |
#91 |
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They can't win that war really. |
MessiahRp |
May-08-11 01:54 AM |
#96 |
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Of course they can't win it. |
Stuttgart77 |
May-08-11 11:13 AM |
#97 |
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Do you understand Supply and Demand? |
MessiahRp |
May-08-11 02:18 PM |
#98 |
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Do you understand less world demand for the U.S. Dollar? |
Stuttgart77 |
May-09-11 10:41 AM |
#99 |
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kick! |
shanti |
May-07-11 08:30 PM |
#93 |
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It's about time to start to end corporate welfare. |
Hieronymus |
May-07-11 08:43 PM |
#95 |
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Kick. |
sarcasmo |
May-09-11 06:20 PM |
#100 |
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