Thursday, April 26, 2012
2012 Re: Looks Like a Big Win for Obama and Diplomacy in the Iran/Israel Conflict
Posted by Charles Mudede on Thu, Apr 26, 2012 at 8:04 AM
At the end of my post concerning a recent pro-diplomacy statement made by the head of the Israeli military...
The chain of questions raised by the report: Will this relax the tension between the powers (Iran and Israel)? If so, will gas prices go down? If so, will this help the US economy? If so, will this mean Obama is reelected?
A surge in gasoline prices earlier this year sparked talk of $5 a gallon by this summer, but prices at the pump have been ticking lower in April, and it appears they'll continue falling as the driving season approaches.This rosy scenario is prompted by the fact that the price for one of the most common types of gasoline futures traded in New York has dropped 30 cents, going from over $3.40 a gallon at the beginning of April to $3.10 a gallon Wednesday.
...Brent crude has dropped from over $125 a barrel in early April to under $120 currently, largely a a result of tensions easing with Iran over its nuclear program. Recent signs of a slowing global economy have also helped push down prices.
1
Obama has the distinct and deft handle on diplomacy.
And he doesn't escalate tensions like some people we know. Namely Republicans. Everywhere in the world, the last administration either hightened tensions or increased dislike for the U.S. All that has changed.
And he doesn't escalate tensions like some people we know. Namely Republicans. Everywhere in the world, the last administration either hightened tensions or increased dislike for the U.S. All that has changed.
2
Obama also publicly brought up the possibility of a panel investigating the role of speculators in affecting gas prices. It's amazing how quickly gas prices can fall at the mere SUGGESTION of creating such a panel.
3
It's like no one remembers yearly cycles. Gas goes up in winter because the companies know people will pay it to be comfortable. Gas goes down in summer because companies know people might not think about taking that extra road trip if the prices are too high.
Until an embargo like the 70's happen again, these fluctuations are just oil companies manipulating the news cycle.
Until an embargo like the 70's happen again, these fluctuations are just oil companies manipulating the news cycle.
4
@2 Funny isn't it.
Unfortunately that kind of thing cuts both ways. It would be easy enough for GOP Industry Cronies to monkey wrench oil prices in August juuuust enough to spike prices and foil Obama in November. And there'd be no way to form any sort of commission in time.
Unfortunately that kind of thing cuts both ways. It would be easy enough for GOP Industry Cronies to monkey wrench oil prices in August juuuust enough to spike prices and foil Obama in November. And there'd be no way to form any sort of commission in time.
5
Nonsense! ! ! ! And why do you rightwingers continue to attribute all this bullcrap to Neocon Obama, BTW? ? ?
Egypt cut off the gas pipeline into Israel, effectively cutting down their national energy supply by 40% or more. That's a mighty big persuader, my friend, a mighty big persuader.
Now, let's have a discussion about The Obama Record.......
Egypt cut off the gas pipeline into Israel, effectively cutting down their national energy supply by 40% or more. That's a mighty big persuader, my friend, a mighty big persuader.
Now, let's have a discussion about The Obama Record.......
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