| View previous topic :: View next topic |
| Author |
Message |
sugar
Guru
Joined: 07 Aug 2004
Posts: 579
Location: Morrinsville, New Zealand
|
 Posted: Wed Apr 04, 2012 5:14 am Post subject: [Rcunts] Misleading America 101 |
 |
|
| Quote: | The propaganda campaigns Big Oil -- Misleading America
The petroleum industry, its trade groups and secretive front groups underwritten by oil men have taken to the airwaves to tout a drill-baby-drill energy "strategy" and trash the Obama administration for daring to encourage new energy technologies.
Why do they need to do this, or to spend $146 million last year in lobbying Congress? The nation's three largest oil companies took in $80 billion in profits during 2011. Every penny increase in the price of gasoline pumps $200 million into the coffers of Big Oil.
Yet, the American Petroleum Institute cranked up TV commercials decrying the President's proposal to end $2.5 billion a year in industry subsidies, and to redirect dollars toward developing nascent technologies. The propaganda line: "Another bad idea from Washington -- higher taxes that could lead to higher prices."
Republican politicians are fanning the falsehoods ginned up by televised propaganda.
Mitt Romney, who as a governor touted new energy sources, now delivers sound bites like: "You can't drive a car with a windmill on it." Newt Gingrich says President Obama is following a "radical ideology, which wants to artificially raise the cost of energy." Rick Santorum speaks of the President's "phony theology," and says: "We went into a recession in 2008 because of high gas prices."
"It's my view that the administration's policies are actually designed to bring about higher gas prices," Senate Republican Leader Mitch McConnell charged recently.
Along with other claims, this one is phony. President Obama has not opposed "exploring in Alaska." The administration has given the green light for Shell Oil to drill exploratory wells in the Beaufort Sea, off Alaska's North Coast, dismaying environmental groups.
The price of oil is set by a global marketplace, not Energy Secretary Steven Chu. Economic recovery and climbing demand -- e.g. China and India -- have caused prices to go up. If we want to return to the gas prices when President Obama took office, do we want to go back to economic conditions as of January, 2009. |
http://www.seattlepi.com/local/connelly/article/The-propaganda-campaigns-Big-Oil-Misleading-3456704.php
_________________
Jesus Could Be Their Candidate and the Republicans Would Still Lose |
|
| Back to top |
|
 |
big dave
n00b
Joined: 03 Jul 2009
Posts: 0
Location: land of first world problems
|
| Posted: Wed Apr 04, 2012 5:31 am Post subject: |
|
|
| will someone please explain how raising taxes on a company will lower the cost of that company's products? if you can figure that out, there are a LOT of corporate accounting departments who would love to meat you. |
|
| Back to top |
|
|
Muso
l33t
Joined: 22 Oct 2002
Posts: 655
Location: The Holy city of Honolulu
|
| Posted: Wed Apr 04, 2012 5:43 am Post subject: |
|
|
| big dave wrote: | | will someone please explain how raising taxes on a company will lower the cost of that company's products? |
I'd rather have someone explain why the U.S. democrat party's biggest evangelist on planet Earth is some weirdo Kiwi pokemon fan.
_________________
If I had a dollar for every time capitalism was blamed for the problems caused by government, I'd be a fat filmmaker with a baseball cap |
|
| Back to top |
|
|
ichbinsisyphos
Guru
Joined: 08 Dec 2006
Posts: 547
|
| Posted: Wed Apr 04, 2012 6:00 am Post subject: |
|
|
Those fucking Rcunts again  |
|
| Back to top |
|
|
sugar
Guru
Joined: 07 Aug 2004
Posts: 579
Location: Morrinsville, New Zealand
|
| Posted: Wed Apr 04, 2012 6:02 am Post subject: |
|
|
| big dave wrote: | | will someone please explain how raising taxes on a company will lower the cost of that company's products? if you can figure that out, there are a LOT of corporate accounting departments who would love to meat you. |
the price of oil has little to do with the government, and more to do with global supply+demand.
_________________
Jesus Could Be Their Candidate and the Republicans Would Still Lose |
|
| Back to top |
|
|
juniper
l33t
Joined: 22 Oct 2004
Posts: 756
Location: EU
|
| Posted: Wed Apr 04, 2012 10:43 am Post subject: |
|
|
| sugar wrote: | | big dave wrote: | | will someone please explain how raising taxes on a company will lower the cost of that company's products? if you can figure that out, there are a LOT of corporate accounting departments who would love to meat you. |
the price of oil has little to do with the government, and more to do with global supply+demand. |
the price has little to do with how much the govt allows to pump (drill baby drill) but it has a lot to do with how much tax is on gas.
however, the price of gas going up is a good thing in america. |
|
| Back to top |
|
|
big dave
n00b
Joined: 03 Jul 2009
Posts: 0
Location: land of first world problems
|
| Posted: Wed Apr 04, 2012 11:15 am Post subject: |
|
|
| sugar wrote: | | the price of oil has little to do with the government, and more to do with global supply+demand. |
this is economics & accounting fail. there is no product on this planet wherein the government says "we're going to raise taxes on your company by billions of dollars a year" and it doesn't make the product more expensive. it just doesn't happen. |
|
| Back to top |
|
|
sugar
Guru
Joined: 07 Aug 2004
Posts: 579
Location: Morrinsville, New Zealand
|
| Posted: Wed Apr 04, 2012 6:30 pm Post subject: |
|
|
| big dave wrote: | | sugar wrote: | | the price of oil has little to do with the government, and more to do with global supply+demand. |
this is economics & accounting fail. there is no product on this planet wherein the government says "we're going to raise taxes on your company by billions of dollars a year" and it doesn't make the product more expensive. it just doesn't happen. |
*facepalm*
so, how many new fuel taxes has President Obama introduced, that would have accounted for a price rise in fuel during his term?
| Quote: | Here is a one-item test to see whether you are guilty of cloudy thinking about gas prices: Do you believe that they are something a president can control? Many Americans believe that the answer is yes, but any respectable economist will tell you that the answer is no.
Consider a recent poll of a panel of economists conducted by the University of Chicago Booth School of Business, where I teach. (Disclosure: I am a member of the panel; the other respondents are well-respected economists from top universities with varying political views.) The 41 panel members were asked whether they agreed with the following statement: “Changes in U.S. gasoline prices over the past 10 years have predominantly been due to market factors rather than U.S. federal economic or energy policies.”
Not a single member of the panel disagreed with the statement. |
http://www.nytimes.com/2012/04/01/business/gas-prices-are-out-of-any-presidents-control.html
_________________
Jesus Could Be Their Candidate and the Republicans Would Still Lose |
|
| Back to top |
|
|
Muso
l33t
Joined: 22 Oct 2002
Posts: 655
Location: The Holy city of Honolulu
|
| Posted: Wed Apr 04, 2012 6:37 pm Post subject: |
|
|
Oil company profit per gallon of gas at the pump : $0.07
Government tax per gallon at the pump : $0.46
See the real greed? That's something Obama could help fix, lower the damn taxes on a product that they do nothing but obstruct on its way to the consumer. His moratorium on drilling was struck down by the courts, so thankfully at least one branch of our government isn't trying to screw us over.
Also remember that 10 years ago the democrat party blocked drilling in ANWR. Pelosi said it wouldn't help gas prices because it would take 10 years to get to market. So, right there... right now... we'd have more supply, and therefor lower prices, if it weren't for the democrat party's war on consumers.
_________________
If I had a dollar for every time capitalism was blamed for the problems caused by government, I'd be a fat filmmaker with a baseball cap |
|
| Back to top |
|
|
wildhorse
Tux's lil' helper
Joined: 16 Mar 2006
Posts: 148
Location: Estados Unidos De América
|
| Posted: Wed Apr 04, 2012 7:03 pm Post subject: |
|
|
| The Earth wrote: | Oil company profit per gallon of gas at the pump : $0.07
Government tax per gallon at the pump : $0.46 |
Since the current average price is about 1 USD per litre, I presume the rest goes to the hard working people and charity. |
|
| Back to top |
|
|
sugar
Guru
Joined: 07 Aug 2004
Posts: 579
Location: Morrinsville, New Zealand
|
| Posted: Wed Apr 04, 2012 7:31 pm Post subject: |
|
|
| The Earth wrote: | Oil company profit per gallon of gas at the pump : $0.07
Government tax per gallon at the pump : $0.46 |
Um, so the oil price fluctuations have occurred because the taxes on fuel, which have remained steady over the last 2 years, have somehow, something?
wtf are you talking about?
_________________
Jesus Could Be Their Candidate and the Republicans Would Still Lose |
|
| Back to top |
|
|
pjp
Administrator
Joined: 16 Apr 2002
Posts: 16029
Location: Colorado
|
| Posted: Wed Apr 04, 2012 10:38 pm Post subject: |
|
|
| sugar wrote: | | the price of oil has little to do with the government, and more to do with global supply+demand. |
Do you remember when Dbags were all over Bush for gas prices? Those were some good times.
And since supply & demand is the primary factor, what's the problem with profit? Why not criticize profit made in other industries which far exceed oil? Oh, that's right, never mind, I forgot about the agenda.
_________________
lolgov. 'cause where we're going, you don't have civil liberties.
In Loving Memory
1787 - 2008 |
|
| Back to top |
|
|
sugar
Guru
Joined: 07 Aug 2004
Posts: 579
Location: Morrinsville, New Zealand
|
| Posted: Wed Apr 04, 2012 10:50 pm Post subject: |
|
|
| pjp wrote: | | sugar wrote: | | the price of oil has little to do with the government, and more to do with global supply+demand. |
Do you remember when Dbags were all over Bush for gas prices? Those were some good times.
And since supply & demand is the primary factor, what's the problem with profit? Why not criticize profit made in other industries which far exceed oil? Oh, that's right, never mind, I forgot about the agenda. |
1. Not really. I don't blame our current or previous Prime Minister for the price of gas here, either. It's a stupid argument, and it always has been.
2. The problem with the profit, according to the article, is that big oil spent $146 million lobbying against Obama to keep their $2.5 billion in subsidies, when the three largest oil companies made $80 billion in profit last year. You can't explain away a doubling in the price in a barrel of crude like this.
_________________
Jesus Could Be Their Candidate and the Republicans Would Still Lose |
|
| Back to top |
|
|
|
Off the Wall
