Daily Commentary – Wednesday, January 20, 2016 – The Price of Gas Has Fallen Along With the Cost of a Barrell of Oil
- In some areas of Michigan it’s been as low as 47 cents per gallon. That’s 1/2 of what it is in Canada and 1/6 of what it is in Southern California. There is a glut of oil on the market
Daily Commentary – Wednesday, January 20, 2016 Download
WOW, 47 CENTS A GALLON … WELL ACTUALLY 47.9 CENTS.
Gas prices hit an amazing low of 47 cents a gallon in as a price war broke out between three gas stations in in Houghton Lake, Michigan. I cannot even remember when gas prices were that low. You could imagine the reaction by Americans when they saw prices fall to such a low price. Could you imagine being able to fill your car up from with an empty tank for less than $9.00? Of course these low gas prices and cost for barrels of oil are having other adverse affects on our economy.
The price of gas hit a stunning low — just 47 cents per gallon — in Michigan on Sunday.
Michigan was the first state to have gas under $1 in likely over a decade, Patrick DeHaan, senior petroleum analyst at GasBuddy.com, told ABC News today.
A gas station in Houghton Lake, Michigan, hit the 47 cents mark after a price war between three stations in the town, DeHaan said.
GasBuddy.com’s data goes back to 2000 and DeHaan said he couldn’t find any other averages that low in the U.S.
“This is something we don’t see often at all or ever,” DeHann said. “That’s unheard of.”
DeHann said he believed the next lowest price in the country was about $1.29, at a station in Virginia.
OBAMA VETOES US JOBS …
Barack Obama vetoes the Keystone XL Pipeline bill. The bill was passed by a bipartisan vote in both the House and the Senate; however, Obama is driven by his far LEFT agenda and seems to care more about that than providing jobs that pay more to American workers than minimum wage. Following the shellacking that Democrats took in the 2014 elections, Obama called for cooperation and for Democrats and Republicans to work together. We all knew it was BS at the time, but it sounded good from a president who had just lost the Senate. Since then Obama has done nothing to strengthen his words of cooperation, but instead has engaged in confrontation. The veto of the Keystone XL Pipeline bill, going against the will of the people and their elected representatives, is just the latest in Obama’s actions that go along with his “imperial’ far LEFT agenda of its my way or the highway.
Obama said following his veto, “The presidential power to veto legislation is one I take seriously. But I also take seriously my responsibility to the American people.” REALLY, WHO KNEW? Exactly how is Obama taking his responsibility to the American people when the American people are in favor of the Keystone Pipeline? Critics of the bill say will cause environmental damage. Hmm, you mean like the one below in how oil is currently transported in the United States.
I guess Obama would rather have train accidents occur, like the one recently in West Virginia, that resulted in a fiery explosion. Guess what the train was carrying … that’s right, crude oil. The train, which was carrying North Dakota crude to an oil depot in Yorktown, Virginia, derailed in a small town 33 miles southeast of Charleston, causing 20 tank cars to catch fire. The environmentalist wackos seem to be rather quiet. Obama cares nothing about the people, he cares about his far left agenda.
Amid appeals for bipartisanship, President Barack Obama in just three days has provoked Republicans on issues as disparate as immigration, Wall Street and the Keystone XL pipeline — a combative mix of defense and offense that underscores Washington’s political realignment.
Sensing a Republican retreat, Obama is headlining a Miami town hall on Wednesday, enlisting his Latino base of support to increase pressure on GOP lawmakers who want to tie spending on the Homeland Security Department to repeal of his immigration executive actions.
On Tuesday, he vetoed GOP legislation that would have forced construction of the Keystone XL oil pipeline. And on Monday he proposed tougher rules on financial brokers who help manage retirement accounts, over Wall Street objections.
Senate Passes Bill Approving Keystone XL Pipeline … Obama Has Vowed to Veto the Bill that Would Provide Jobs to Thousands of Americans
SENATE PASSES BILL APPROVING THE KEYSTONE XL PIPELINE.
On Thursday, the US Senate voted 62-36 passing a bill approving the construction of the XL Keystone pipeline. The House of Representatives passed a similar bill on January 9, for the 10th time. However, since the Senate bill has been amended, the two chambers will have to agree on one version before the bill goes to the president. Barack Obama has already threatened to veto the bill. The bill passed the Senate it a bi-partisan vote; as Democrats like Bennet (D-CO), Carper (D-DE), Casey (D-PA), Donnelly (D-IN), Heitkamp (D-ND), Manchin (D-WV), Tester (D-MT), McCaskill (D-MO) and Warner (D-VA) all voted for the bill that would provide jobs for Americans.
The Senate voted Thursday to build the controversial Keystone XL pipeline, despite a long-standing veto threat from the White House.
After three weeks of debate on 41 amendments, the Senate voted 62-36 to pass a bill approving the north-south pipeline for Canadian oil that Republicans say will create thousands of U.S. jobs. The tally was short of the 67 votes the Senate would need to override a presidential veto.
Nine Democrats joined a unanimous Republican caucus to support the bill: Sens. Michael Bennet of Colorado, Tom Carper of Delaware, Bob Casey of Pennsylvania, Joe Donnelly of Indiana, Heidi Heitkamp of North Dakota, Joe Manchin of West Virginia, Claire McCaskill of Missouri, Jon Tester of Montana and Mark Warner of Virginia.
Thursday morning, Senate Majority Leader Mitch McConnell, R-Ky., urged his colleagues to pass the measure. “Constructing Keystone would pump billions into our economy. It would support thousands of good American jobs,” he said. “And as the president’s own State Department has indicated, it would do this with minimal environmental impact.”
McConnell said the conclusion of myriad studies is: “We need to build it.”
CNN Poll: Majority of Americans Back the Construction of the Keystone XL Pipeline as Barack Obama Vows to Veto It if Passed
Shocker, Barack Obama once against doing something against the will of the American people …
A recent CNN poll shows that a majority of Americans are in favor of the construction of the Keystone XL pipeline. A resounding 57% are in favor of building the 1,179 mile Canada to Texas pipeline, while only 28% oppose. Of course you already know what side of the fence Barack Obama takes on this matter. Obama continues to pander to the environmental wackos and facing no more elections, once again goes against the will of the American people. No matter how many jobs, permanent ones, part time or otherwise are created by this oil pipeline project, the fact of the matter is that jobs will be created. This is a bad thing how? But Obama will tell you he wants to create jobs for the American people. Really? Even though Americans are overwhelmingly in favor of the building of the Keystone XL pipeline, the House has passed the construction of it, Obama has vowed to veto the bill. Yeah, he really cares about putting people to work.
Poll Question: Based on what you have read or heard, do you favor or oppose building the Keystone XL pipeline?
A majority of Americans favor the construction of the Keystone XL pipeline — a result that could give Republicans a boost as they move toward a showdown with President Barack Obama over the project — a CNN/ORC poll has found.
The 1,179-mile Canada-to-Texas pipeline is backed by 57% of the 1,011 Americans surveyed on Dec. 18-21. Just 28% oppose it, while 15% say they are unsure.
The controversial project has become the subject of a battle between liberal environmentalists who argue it would contribute to global warming and conservatives who say it would create jobs and help the United States break away from Middle Eastern oil.
President Barack Obama has threatened to veto a measure that the Senate is set to vote on as soon as next week, which would end the State Department’s six-year-old review of the project and authorize its construction immediately. Obama has said he objects to the decision-making process being removed from the executive branch.
Not only do 57% back the construction of the pipeline, in the same CNN poll, as reported at The Daily Caller, “a majority of those polled, at 57 percent, say global warming will not pose a serious threat to their way of life,” and that only 43 percent “expect global warming to threaten them.”
Thanks Barack, as Americans are squeezed at the pump this 4th of July.
The current national average price of gas is 23 cents per gallon more expensive than it was on the Fourth of July last year, the highest since 2008. Can no one see the parallel and irony that on this 4th of July gas prices will be at a six year high due dependence on foreign oil and the turmoil and unrest in the Middle East and American Independence Day? When will the United States begin an energy policy in this country of “energy” independence, instead of a war on oil, coal and any other form of energy that the Obama administration does not deem “green”?
Gas prices are expected to be at the highest level in six years for the Fourth of July holiday. Yes, the gas prices are set to raise on national independence day.
Regular gasoline peaked at a national average of $3.98 a gallon in early May. The current national average price of gas is 23 cents per gallon more expensive than it was on the Fourth of July last year. The highest was seen in 2008. The highest record was $4.11 a gallon in 2008.
“We’re going to see the highest July 4th prices since 2008, and we probably wouldn’t have, if it weren’t for Iraq,” said Tom Kloza, chief oil analyst at GasBuddy.com. “I certainly would not rule out if something happens near Basra or south of Baghdad, we would see national prices make a pass at $4…but I just don’t see a fuel apocalypse in North America this year.”
“Although gas prices in the Southeast remained relatively stable from last week, it wouldn’t be surprising to see gas prices inch up slightly before the holiday weekend,” said Jessica Brady, AAA spokeswoman with The Auto Club Group. “Even though pump prices are higher than they were this time last year, they are not expected to deter holiday travelers.”
Gas prices used to depreciate in the upcoming weeks of the holiday in previous years, but that’s not the case this summer.
AAA Travel reports the statewide average price of gas is $3.71 for a gallon of regular unleaded. It was $3.48 last year on the Fourth.
It’s settled science … bio-fuels made from corn worse than gas in emitting greenhouse gases …
What say you Barack Obama, Al Gore and the rest? According to a federal government paid for study, bio-fuels made from leftovers of harvested corn plants release 7% more greenhouse gases as compared to conventional, evil gasoline. Let me repeat that, this was a paid for federal government study. So not only are we creating a fuel that is more harmful, as they say, to the environment, they are taking the food source away from human and animal usage.
Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term, a study shows, challenging the Obama administration’s conclusions that they are a much cleaner oil alternative and will help combat climate change.
A $500,000 study paid for by the federal government and released Sunday in the peer-reviewed journal Nature Climate Change concludes that biofuels made with corn residue release 7 percent more greenhouse gases in the early years compared with conventional gasoline.
While biofuels are better in the long run, the study says they won’t meet a standard set in a 2007 energy law to qualify as renewable fuel.
build subsidies it, it will fail …
Hate it when that happens, eh environmental wackos? Here comes the priceless part, the LEFT and Obama admin officials is criticizing the study as flawed. HAHAHA!!! What’s the matter, don’t like it when the results that you paid for don’t fit your liberal agenda? These are the people that demonize those that do not believe that man is responsible for global warming, oh sorry what do they call it these days, climate change.
The conclusions deal a blow to what are known as cellulosic biofuels, which have received more than a billion dollars in federal support but have struggled to meet volume targets mandated by law. About half of the initial market in cellulosics is expected to be derived from corn residue.
The biofuel industry and administration officials immediately criticized the research as flawed. They said it was too simplistic in its analysis of carbon loss from soil, which can vary over a single field, and vastly overestimated how much residue farmers actually would remove once the market gets underway.
OK, can we please stop pretending biofuel made from corn is helping the planet and the environment? With huge subsidies for ethanol in gasoline, with all States now selling gasoline having some ethanol blend, and a general misconception that these biofuels are green, corn ethanol has taken on a $30 billion/yr life of its own.
The United Nations Intergovernmental Panel on Climate Change released two of its Working Group reports at the end of last month (WGI and WGIII), and their short discussion of biofuels has ignited a fierce debate as to whether they’re of any environmental benefit at all.
Obama Administration Delays Once Again Final Decision on Keystone XL Pipeline … Play Politics Over Jobs for Americans
Barack Obama has made promises to Americans that jobs is his number one priority, but has done everything but …
The Obama administrations has once again kicked the can of American jobs down the road in place of playing politics. Team Obama has once again delayed the decision on the XL Keystone pipeline on Good Friday and Easter weekend. The decision now will most likely not be made until after the November midterm elections. How convenient. This is just another attempt to humor the far left and the environmental wackos to get their campaign dollars and votes. The Weekly Standard makes a valid and important point, “if the administration wanted the pipeline built, construction would have long since been underway … Witness the numerous executive fiats regarding the implementation of Obamacare.”
The Obama administration further delayed its decision on the controversial Keystone XL pipeline project on Friday, with no conclusion now likely until after the U.S. mid-term elections in November.
President Barack Obama has said he will have the final say on whether to allow the pipeline connecting Canada’s oil sands region to Texas refiners, and several government agencies had been given until May to weigh in. This had raised expectations of a final decision by mid-year.
But the State Department said on Friday it was extending that agency comment period, citing a need to wait until the Nebraska Supreme Court settles a dispute over what path the $5.4 billion TransCanada Corp project should take.
“That pipeline route is central to the environmental analysis for the project and if there are changes to the route it could have implications,” a senior State Department official told reporters.
Politically, it seems like a great idea, since kicking Keystone down the road — probably long past November — is better than an outright rejection for vulnerable oil-state Democrats, whose voters love the proposed project. And it keeps environmentalists at bay, boosting hopes that President Barack Obama might still swing their way.
But the non-decision decision also makes life a little harder for several groups of Democratic senators and Senate candidates fighting for their lives.
Some, like Colorado Sen. Mark Udall, have yet to take a firm stance on the Alberta-to-Texas oil pipeline — and the State Department’s announcement Friday that it’s extending its review of the project removes the possibility that Obama could resolve the issue one way or another next month.
Meanwhile, pro-Keystone Democrats like Senate energy Chairwoman Mary Landrieu will face heightened pressure to take actions to match their rhetoric.
Responded Landrieu, the newly installed chair of the Senate Energy and Natural Resources Committee: “Today’s decision by the Administration amounts to nothing short of an indefinite delay of the Keystone Pipeline. This decision is irresponsible, unnecessary and unacceptable. By making it clear that they will not move the process forward until there is a resolution in a lawsuit in Nebraska, the administration is sending a signal that the small minority who oppose the pipeline can tie up the process in court forever. There are 42,000 jobs, $20 billion in economic activity and North America’s energy security at stake.” Landrieu said she plans to use her chairmanship of the Senate Energy Committee to try and move the project forward.
WAPO-ABC News Poll: Keystone XL Pipeline Project Overwhelmingly Favored by Americans But Barack Obama Against Jobs
Once again Barack Obama finds himself on the wrong wide of the American people and refusing to approve a project that will create jobs for “We the People”.
According to a recent WAPO-ABC News poll, an overwhelming majority of Americans are in favor of supporting the contraction of the Keystone XL oil pipeline between Canada and the United States. 65% of Americans approve of the job creating pipeline project, while only 22% are opposed. An amazing 85% say that the Keystone XL oil pipeline project will create jobs; however, Obama continues to stonewall the project so to pander to his environmental wacko constituents. Republicans, Independents and Democrats are in favor of building the pipeline that will provide a significant economic benefit to the US, 82%, 65% and 51%, respectively. It is only moonbat, liberal Democrats that oppose the it.
Americans support the idea of constructing the Keystone XL oil pipeline between Canada and the United States by a nearly 3 to 1 margin, with 65 percent saying it should be approved and 22 percent opposed, according to a new Washington Post-ABC News poll.
The findings also show that the public thinks the massive project, which aims to ship 830,000 barrels of oil a day from Alberta and the northern Great Plains to refineries on the Gulf Coast, will produce significant economic benefits. Eighty-five percent say the pipeline would create a significant number of jobs, with 62 percent saying they “strongly” believed that to be the case.
That so many Americans back the pipeline, even with environmental risks, highlights the quandary facing President Obama and his top aides as they weigh whether to approve the proposal.
Support for Keystone is highest among Republicans, with 82 percent backing it. But majorities of independents and Democrats also want it approved, at 65 and 51 percent, respectively. Only self-identified liberal Democrats lean against, 47 percent to 36 percent.
But even though Obama continually says his primary focus to to create jobs for Americans, he does just the opposite. Obama wastes tax payers money on his failed backing of green energy policy like Solyndra, Fisker Automotive, ABC123, and Solar Trust just to mention a few. All he has to do is simply saying “yes”,instead he refuses to allow a job creating project to go forward. Obama’s war on oil is more important than jobs for the American people. Instead Obama would rather see Americans on food stamps and welfare, than working jobs for evil oil.
A recent State Department assessment said the project would create 1,950 jobs for a two-year period, after which it would generate 50 permanent jobs. But most people see it as a larger economic boon, the poll shows.
Posted March 8, 2014 by Scared Monkeys
Barack Obama, Chicago-Style Politics, Democrats, Divider in Chief, Economy, Energy, envirowackos, Epic Fail, Jobs, Keystone XL Pipeline, Liberals, Misleader, Moonbats, Obamanation, Obamanomics, Oil, Polls, Progressives, Radicals, Unemployment, WAPO-ABC News | 3 comments
Obama Administration: It’s Ok for “Green Energy” Wind Turbines to Kill or Injure Bald or Golden Eagles without Penalty Because We’re Trying to Save the Environment
THE HYPOCRISY AND DOUBLE STANDARD OF THE LIBERAL ENVIRONMENTALISTS … DEATH PANELS FOR EAGLES.
So not only does Obama pick winners and losers with regard to energy companies, he also picks who can kill and who can’t. The shameful new rule enacted by Obama’s Interior Department makes it possible for green energy companies to slaughter Bald and Golden eagles without penalty for 30 years. UNREAL. Big Oil harms some water fowl and these people lose their minds and talk about the evils of oil. However, Big Green Wind kills eagles and other birds and that is perfectly acceptable. What a fraud these liberal groups are that claim to protect the Earth and the Eco-system. As long as so-called “green” energy kills the symbol of the United States, that bis perfectly ok, but of coal, oil, gas injures a worm … then that is a national tragedy. This president will do anything to pander to his liberal base and make it all political. I would ask Mr. President, how is this fair to the Eagles?
The Obama administration said Friday it will allow some companies to kill or injure bald and golden eagles for up to 30 years without penalty, an effort to spur development and investment in green energy.
The change, requested by the wind energy industry, will provide legal protection for the lifespan of wind farms and other projects for which companies obtain a permit and make efforts to avoid killing the birds.
An investigation by The Associated Press earlier this year documented the illegal killing of eagles around wind farms, the Obama administration’s reluctance to prosecute such cases and its willingness to help keep the scope of the eagle deaths secret. The White House has championed wind power, a pollution-free energy intended to ease global warming, as a cornerstone of President Barack Obama’s energy plan.
According to the Washington Times, wind energy facilities have killed at least 67 golden and bald eagles in the last five years, but the figure could be much higher, according to a new scientific study by government biologists. Hmm, so why doesn’t Obama and his liberal environmentalists put the same type of restrictions of “killer” wind turbines that they do to the coal, gas and oil industry? How come wind farm companies do not have to build protective cages around the turbines like a common fan has to protect birds from flying into the blades? This administration certainly has no issue with costly expenses when it comes to regulating other forms of energy.
Just curious, why aren’t wind farm companies regulated to put protective covers over their blades like a common fan?
More from Breitbart.com, It’s okay to kill Eagles because Obama said so.
Wildlife conservationists are livid at the Obama administration’s approval of a new rule that extends wind farms leases up to 30 years. On Friday, wildlife protection groups decried the new regulation as a “stunningly bad move” that gives wind power companies the ability to kill eagles and other birds for the next 30 years.
The Wildlife Society Bulletin approximates that 573,000 birds and 888,000 bats are killed by flying into wind turbines every year. National Audubon Society President David Yarnold expressed his anger over the Obama administration’s new rule: “It’s outrageous that the government is sanctioning the killing of America’s symbol, the bald eagle.”
UPDATE I: The only one who has stepped to the plate is the Audubon Society. Interior Dept. Rule Greenlights Eagle Slaughter at Wind Farms, Says Audubon CEO … New Rule Will Authorize 30-Year Permits for Killing America’s National Bird.
Instead of balancing the need for conservation and renewable energy, Interior wrote the wind industry a blank check. It’s outrageous that the government is sanctioning the killing of America’s symbol, the Bald Eagle. Audubon will continue to look for reasonable, thoughtful partners to wean America off fossil fuels because that should be everyone’s highest priority. We have no choice but to challenge this decision, and all options are on the table.” (Statement from Audubon President and CEO David Yarnold)
UPDATE II: From Right Wing News … All this carnage just to provide a pittance, a miniscule amount of energy. But because it is deemed “green” it is okay to make Eagles blood red.
All to provide miniscule power while putting a blight on the landscape. Average delivered power is roughly 30-40% with very low power density (megawatts per square mile), since you need huge tracks of land/sea for the farm. Compare that to natural gas, which has an average delivered power in the upper 80?s, with an extremely high power density.
From page 193 of The Mad, Mad, Mad World Of Climatism via Right Wing News