Comments on: Obama Blames High Gas Prices On Washington

Says Politicians Haven't Stood Up To Oil Companies, Calls For Windfall Profits Tax

[kmccliment]

Same old crapp from Obama. As a US Senator in Washington I havent seen him introduce one piece of legislation in regard to big oil and curbing rising gas prices. Talk is cheap Obama.

[smiley676]

Bush Republicans are ALL talk.


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Posted by getcentered

Is this post relevant to the issue in the article?

[getcentered]

Bush Republicans are ALL talk.

[smiley676]

All the candidates talk about ways to lessen our dependence on oil, even Bush talks about ways to lessen our dependence on oil.

[getcentered]

I like that Obama is talking about ways to lessen our dependance on oil.

We nee to start investing in renewables...like right now....Wind power....and PV power....green jobs....

[smiley676]

I love that Obama didn''t want to suspend the gas tax for the summer driving season. He''s really in touch with Americans.

I could use gas that is thirty cents cheaper, couldn''t you?

[repdemapart]

What a SANCTIMONIOUS LYING HYPOCRITE NOBAMA is !!!

He accusses WASHINGTON to be CORRUPT and BROKEN - LIKE HE IS NOT PART OF WASHINGTON.

NOBAMA has been in WASHINGTON for 2 years but has not done ANYTHING.

YOU SOUND SO BITTER, Nobama!

Just take it easy, your GUMS are getting darker.

[mjvw2]

Once again Obama thinks your stupid proposing a "windfall profit tax" on oil companies. The profits belong to the stock holders; not the companies. And by the way...the United Teachers Retirement Fund is the largest single Exxon Mobile share holder. Those dammm teachers are the rich ones, Obama wants their money.

[byeneocons]

LibH8er: Your posts show how Bush got elected. He got the dumb vote.

[smiley676]

Does Obama blame the high gas prices in the rest of the world on Washington too?

Another example that Obama doesn''t understand the economy.

[ramos937]

There are a lot of factors causing high gas prices but today, I heard a new one that makes sense. A retired Wall Street excutive says that commodities trading is the chief culprit. Background - commodities trading was originally developed to help the farmer buy futures to guarantee a set price for his crops months forward. Now, one the markets is oil trading. Broker A will sell a contract for 1000 barrells at $40 per to Client A; Broker A will then sell Client A''s 1000 bls to Client B for $60 per barrells and the cycle will repeat and each time the price will increase. Since these transactions are not taxed, there are no controls on this type of activity. One cure would be for Bush/Congress to impose a punitive tax on these guys thereby making them loss tranactions. The chaos would be extensive but temporary and the price per gallon should then stabalize.

[cyberus-2009]

I blame gas prices on DC too ... Bush insists on continuing to pour oil into the "strategic reserves" even though doing so not only CAUSES higher prices due to *perceived shortages* he''s doing so when the price is at record highs!!!! which is doing nothing but shoveling tax dollars into oil companies coffers.