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The only reason their paying more for gas is they tax more, congresswoman. you see the blue line compared to the red line. it s moving like a heart meter or something. exactly in sync. how can they say they can change the price of gas at home? i think it is moving with the world market price, but i believe if we were allowing more permits for oil drilling here to increase the supply as opposed to the demand, that we could perhaps bring some downward pressure on the world price. obviously, too, we know that events in the middle east are impacting negatively the price of oil so it keeps going up. this is a real hardship for folks in my very rural district. last week when i was home, i ....
Set based on factors outside of the united states. the price of gas in the u.s. here at home runs almost exactly in sync with prices in germany. the only reason their paying more for gas is they tax more, congresswoman. you see the blue line compared to the red line. it s moving like a heart meter or something. exactly in sync. y how can they say they can change the price of gas at home? i think it is moving with the world market price, but i believe if we were allowing more permits for oil drilling here to increase the supply as opposed to the demand, that we could perhaps bring some downward pressure on the world price. obviously, too, we know that events in the middle east are impacting negatively the price of oil so it keeps going up. ....
Is a global product and prices are set based on factors outside the united states. the price of gas here in the u.s., at home, runs almost exactly in sync of the price in those european countries, britain, france and germany. the difference is because oe on more in gas is a tax war. see the blue line in comparison with the red line. it s moving like a hard metre or something. exactly in sync. how can a presidential candidate say they can change the price of gas here at home if it s moving with the world market price? i believe it s moving with the world market price to some extent, but i believe if we were allowing more oil permits for drilling here so we can increase the supply as opposed to the demand, we could perhaps bring some downward pressure on the world price. obviously, too, we know that events in the middle east are ....
Economics could be improved. i think he s a nice chap, next time go across country and invite me and we ll sit and talk about economics. opec cannot control the price, it s a world market price. and we can t force chinese to do with the yuan, they re in the cat bird s seat not us. we can fot force anything i saw him on tv for the rally the tea party in florida, saying we should size the oil fields in iraq and that s that s a formula for the arab world hating us forever. he actually just bought a 787. don t cost that much. dave: this one cost a million. talk about the alternative book of investment. you don t just have to invest in stocks and bonds. and gold. diversified commodity funds ....
Situation, saying wait a minute, we re not going to get any oil out of libya for a long time to come. that takes oil continues taking oil off the market so the price of oil has gone up again. you just showed the price of oil at $104 a barrel, the news martha is this morning, it s gone to $105 a barrel and the price of gasoline, since february 16th, when the libyan events began, has gone from 3.13 a gallon to 3.55, 3.56. that s where we are today. so you ve got the price of oil going up a little bit more because of the confusion surrounding the events in libya and martha you re absolutely right, the world is absolutely astounded to hear that president obama is committing $3 billion of american money in a credit to the brazilians so that they can go and exploit their off shore oil at precisely the moment when we re not allowed, it is illegal to exploit our off shore oil reserves, so you ve got this real contradiction in the world market price, the price is ....