Will gas prices go down with a Dem President?

[Buddyblazon]

Just a thought. I think they will. And I think that THEY think it will.

Imagine what it would do to *'s legacy if prices dropped dramatically if a Democrat gets in the WH. I would say that many of his supporters would finally see the light and he would go down as one of the worst (not like he isn't already). But than I think about his brain numb cheering crowd.

But because I think prices would go down, it also makes me wonder how desperate they will be come '08. It would be devastating to the Republican party if prices dropped dramatically as soon as a Dem got in the WH. I would think for this reason, the Lunatic party will do everything in their power to make sure a Dem doesn't get into power. EVERYTHING.

Just a thought.

[Hubert Flottz]

1. Yes

The democrats will gouge the gougers!

[Buddyblazon]

6. Hey you changed yours right after a made my second post...

You're very sneaky.

Circle of trust. I've got my eye on you!

;)

[Pharaoh]

2. YES

It's called regulation and windfall profits taxes...........

[Pharaoh]

7. Plus the fact

that once we get a good conservation program going and some decent cafe standards going,ect,..........demand will drop.............

[paparush]

3. No. Hopefully the Dems will do away with all the subsidies and 'Murkins

will have to pay the REAL cost of all the gas we consume.

[Buddyblazon]

4. Okay...

we got a Yea...AND a Nay.

[eallen]

5. I doubt it.

A Democratic president has no way to stem the growing demand for oil in China and India, nor to increase the availability of easy-to-reach oil. Conservation will help slow the increase. The increase will spur alternate energy resources. But I expect we'll see oil hit $100/bbl before we see it reach $20/bbl. Regardless of who is in the White House.

[Ezlivin]

9. Can a Democrat miraculously stop Peak Oil?

No. It's a physical reality that can't be avoided, only endured.

According to many experts we are already at the peak of worldwide oil production. We can count on rising prices and increasingly constrained supplies from this point onward.

Although we can't blame Bush, et al for Peak Oil, we can blame them for not taking steps to ameliorate the effects.

[hughee99]

8. No...

While they might plateau, oil consumption is going up worldwide, and we're not finding a ton of new oil. Oil prices will drop as fuel efficiency and alternative energies become more widespread. Yes, we may see a temporary short term drop from time to time, but overall, the price will continue to increase until this happens. A Dem President may push for these, but efforts in these areas will not pay off right away.

Just my 2 cents.

[Subdivisions]

10. No, they wont...

maybe a little, but they're here to stay.

I say prices will remain higher under a Dem prez because the same puppeteers will still be pulling the strings, they just won't have their lap-boy in the WH. We hope anyway. And they just switch to Plan B, the plan that goes into action when they, for whatever reason, don't have complete control of the government.

I guess you could say that I'm saying that it really doesn't matter who is in office because the real power is still in control. And, you'd be correct.

[The2ndWheel]

11. Only if that person controls geology

as well as ever increasing consumption, which will only increase the cheaper energy is.

[Hubert Flottz]

12. I just wanted to see if anyone ever reads anything I post!

I didn't think anyone did...

[bananas]

13. A Reuters poll of oil analysts: $64 in 2007 and $56 in 2008

"A Reuters poll of analysts sees oil easing from this year's $78 a barrel peak to $64 in 2007 and $56 in 2008."
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x2460910

[Warpy]

14. Only if they get this country's fiscal house in order

and that is a tall order, requiring raised wages, higher taxes on the rich and the corporate, probable tariffs on offshoring in an attempt to encourage the redevelopment of industry here, positive budget numbers, and a reconsideration of the Pentagon's mission and priority. All of that will need to be done to restore some of the dollar's purchasing power in international markets, and THAT is what will bring gas prices down.

Alas, I don't hear any Dems abandoning the twin fallacies of supply side economics and free trade.

[Greyhound]

15. Not unless that President seizes and nationalizes the oil industry

and I don't think that is likely at all. I would guess just the opposite would result for several reasons.

They (the oil/energy industry) hate Democrats and there is little they wouldn't do to make them look bad.

A Democratic President and a cooperative congress will likely impose regulation and fees on them, giving them an excuse to gouge even more.

A Democratic President will probably push for decreasing or eliminating the massive subsidies they currently enjoy, giving them an excuse to gouge even more.

They will trumpet the same old BS "reasons" (it's India and China etc.) they have already given for the current round of gouging.

[eallen]

18. So you want a President of the World?

Here's a news flash: the oil industry is not local to the US. The US imports two-thirds of the oil it uses. Do you want the US President to nationalize British Petroleum? The Canadian oil and gas trusts? The Norwegian oil fields?

[Greyhound]

20. OK, let's review, "...seizes and nationalizes the oil industry and I don't

think that is likely at all", That is what I wrote, where in that did you get that I want some mythical "President of the world" to do this? Was the phrase "I don't think that is likely at all" confusing to you? Where did I say, or intimate, that the POTUS had the power to seize foreign assets?

Do you work in the oil/energy industry, or the sycophantic "trading" industry, or are you just illiterate?

[eallen]

23. Just pointing out that EVEN IF a US president nationalized US oil....

The US would still buy most of its oil on the world market, at the world market price. If nationalizing the US oil industry had any effect on the world price, it likely would be upward.

[etherealtruth]

16. the big oil companies may not get their "special" tax breaks ...

... but, I doubt we'll ever see any significant decrease in price (for all the reasons cited above : Oil is a finite resource)

[sofa king]

17. There could be temporary fluctuations....

...But the general trend is inexorably through the roof. I can foresee one brief respite in all of that, when the American oil corporations feel the fist of an angry Democratic President, and Iraq's taps are reopened. But that holiday won't last more than a few years, maybe two Presidential terms at most.

After that, it all goes down the tubes as human labor is forced to replace oil power, and caloric intake declines at the same time. Slavery is coming back in a big way.

[catmandu57]

19. No, but record profits and tax breaks

will be a thing of the past, we need a dem house and senate though to soak it to the soakers.

[mmonk]

21. If the dems support a stronger dollar, prices will go down.

For both oil and gold.

[ComerPerro]

22. No. Bush let them raise prices to this level, they aren't gonna go back

[Jed Dilligan]

24. Well, I'll turn on this the argument turned on me

when I suggested we should campaign in rural areas on Bush pardoning a meth cook.

In principle, gas should be more expensive, which would be balanced out by massive tax incentives for alternative fuels and a huge jobs program in alternative energy industries. Campaigning on cheap gas is like campaigning on anti-drug--a bad principle for a good end.

[oc2002]

25. no, but when people start driving smaller more fuel efficient cars,

it will cost you less anyway because your consuming less.

[B Calm]

26. If Iraq could once again flood the world with cheap oil just like before

the illegal invasion, then yes!

[Xenotime]

27. No they will not... A (D) president will put the world at ease..

and peace will flourish.