Michelle Bachmann Promises $2 Gasoline

they might go down, but i seriously doubt $2 a gallon down.

we also need to lessen dependence on oil by investing in alternative power sources. even then i dont believe we will ever break the reliance on imported oil. we can only lessen our need so that the country is not crippled if there is another oil embargo. since the time it happened in the 70's our dependence has only increased. we didnt learn a damn thing. (that still wont get $2 a gallon but it would help with prioritizing use of oil and other sources so that we are using our resources as wisely as possible.)

and we dont have the money to do all of the above with regards to all sorts of tax breaks for oil companies. we cant afford the subsidies they get now.

one last thing, to achieve $2 a gallon gas as a stable price, not a temporary market driven fluctuation downwards, there is one big thing that would have to be done. price controls and strict control of profits oil companies may make. yeah, i can really see bachmann doing that! no one, left or right is gonna do that. but world consumption of oil is long past the point we will see $2 a gallon of gas as a long term market driven price. not. gonna. happen.

 

the way to reduce dependence on oil (which i dont necessarily agree is a worthy goal at all) is for prices to be high. cheap gas strongly discourages alternatives. so if you want alternatives you should hope for 7$ gas.

but again, there is nothing wrong with dependence on cheap oil. we should use it for as long as we can.

also price controls would be hugely destructive and would result in shortages.

 

you are resilient and yes, this is true. just like we said 4 years ago nothing has changed much. everyone i know is still plodding along in their SUV. at least 1 per family. sometimes 2.

so yes, gas prices are still an inconvenience. enough to make people walk or ride a bike? hell no. not even downsize their vehicle. why? because they dont have to.

if anyone does have a prius next to their tahoe, its almost certainly for show.

i think i said then it would have to be between 8 and 10 bucks a pop to force a change. not happening.

 

It would take years for the increased supply to be available and even longer for the increased refining capacity to come on line.

I would question the sanity of any producers who rush to significantly increase supply. It would be a real hit to the income statement. I wouldn't want to be a shareholder of a company like that.

Oil companies are already sitting on millions of acres in leases that have been explored and shown to have oil, and millions more that have never even been explored. They are also sitting on estimated billions of barrels of oil in places like the Bakkan Shale because it is not profitable or recoverable.

 

So a limited government candidate wants to use her power in the government to make gasoline cheaper.

Like most other conservatives. She is a fake.

 

can you please learn some new material for gods sake. even when its right its tired.

 

Nah I'll stick with my principles.

 

I don't think she wants to use the power of government to make gas cheaper. I think she is sayign she wants to reduce regulation and open up more places to drilling which could lead to an increase in supply.

 

right I agree with a lot of them but we hear them from the horses mouth already. we understand your opinion is his.