Do you believe Hillary that oil price will drop if she's elected?
Clinton, a U.S. senator from New York, made perhaps the most audacious energy claim of the campaign. If elected, she told voters in New Hampshire, "I predict to you, the oil-producing countries will drop the price of oil," the New York Daily News reported and the Clinton campaign confirmed.
March 17th, 2010 at 7:29 am
The oil price will drop NO MATTER WHO IS ELECTED, because McCain, Hillary, and Obama all have said they will tap the SRO (Strategic Oil Reserve) in their first 100 days.
Bush is an oil man. Bush will never to do it. Bush is lining his pockets and making himself personally rich by using the Office of the President of the United States in a grossly inappropriate way.
March 17th, 2010 at 7:29 am
no way
March 17th, 2010 at 7:29 am
LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
March 17th, 2010 at 7:29 am
HAAAAAAAAAA! HELL NO!!!!!!!!
March 17th, 2010 at 7:29 am
No
March 17th, 2010 at 7:29 am
I predict $6.00/gallon gasoline if her or Obama get in office. I don’t think McCain will be much better.
She is full of sh*t.
March 17th, 2010 at 7:29 am
Heh. I doubt it.
March 17th, 2010 at 7:29 am
Yes because that is all HE is interested in since he is in that
March 17th, 2010 at 7:29 am
Well it might not hurt once the big oil man is out of office.
March 17th, 2010 at 7:29 am
Argh, every politician promises alot to ber elected, but never ever have I seen those things actually happening.
March 17th, 2010 at 7:29 am
Unless she releases the Strategic reserve which will put us in global danger she does not have that much power.
March 17th, 2010 at 7:29 am
I think she is grasping at straws. no way she can make good on that promise.
March 17th, 2010 at 7:29 am
nope!
March 17th, 2010 at 7:29 am
Oil prices will only go up.
That’s why we need to work on using and researching alternative fuels better.
March 17th, 2010 at 7:29 am
If Clinton fosters a better relationship with Venezuala and bolsters the U.S. economy and manages to reduce dependence on oil, then it’s likely the price of oil will drop.
March 17th, 2010 at 7:29 am
That’s stupid. We’re trying to phase out oil and like an overexcited child she’s blabbing out for cheap oil!
I hope for your sakes she’s not elected. I’m safe with Brown.. wait..
March 17th, 2010 at 7:29 am
Yes, Hillary has that kind of magic over market forces that determine the price of a globally traded commodity like oil.
Want lower oil prices? Root for a deep, prolonged global recession. I guarantee you your wish will be granted.
March 17th, 2010 at 7:29 am
Of course you don’t believe it cause Obama didn’t say it. If Obama had said it you wouldn’t have asked the question.
March 17th, 2010 at 7:29 am
more likely to happen with Obama (becuase is his anti-war in the middle east stance)
less likely with McCain (becuase of his pro-war stance with Iran)
doubt clintons would have much impact at all
March 17th, 2010 at 7:29 am
It depends on what part of our other national wealth she gives to them. If the one single thing a President wants at any cost to us is to drop the price of oil to prove a point, sure she could do it. But at what cost?
She sure wouldn’t be making government less expensive over all.
Vote for Ron Paul and make a point.
March 17th, 2010 at 7:29 am
Nope.
Obviously she does not understand the rule of supply and demand. Does she plan on stopping China from buying oil? Nobody seems to understand that China now consumes more OIL than the United States and they are competing with us for a limited supply of oil, hence higher prices! This is simple Economics 101.
March 17th, 2010 at 7:29 am
She tells the truth. The economy will be in such shambles they will have to drop the price of oil.
March 17th, 2010 at 7:29 am
Oil prices aren’t dependent on who becomes the next president of the U.S. It took a long time for people to figure out that Bush had no control over the prices and OPEC was responsible so I can see some people buying into this.
March 17th, 2010 at 7:29 am
Hillary didn’t predict just how she’s going to accomplish that, did she? Maybe she can tell God to put more of it in the ground?
March 17th, 2010 at 7:29 am
She has already promised to "Take" AKA steal the oil profits for the good of the country( very socialistic I might add) the companies will have to rise prices to survive the rape of the profits from the stockholders.(people with 401ks and other investments)
March 17th, 2010 at 7:29 am
she is desperate! she also compared OBama to Bush.
March 17th, 2010 at 7:29 am
Yes, I believe it…The Easter Bunny told me so
March 17th, 2010 at 7:29 am
No. I doubt that oil prices will change regardless of who is elected president.
March 17th, 2010 at 7:29 am
Actually I see 4 ways Hillary, RON PAUL, or anyone else that understands how things work, could accomplish this,,,,with luck.
1. I recently read {Sorry can’t find the link} that a huge underground pool of oil under North Dakota, South Dakota, Montana, & Southern Canada, that was being pumped in the 1970’s but shut down because of $10 per barrel oil prices, still holds tremendous amounts of oil. @ $90 oil this field could supply a large amount of American oil.
2. The U.S. dollar gets much stronger in value, {possibly backed by Gold/Silver} which would cause the price to drop.
3. OPEC pumps more oil.
4. Apparently Hillary has made hundreds of millions on the commodity exchange markets. Don’t ask me how?
But, I do know the markets are shall we say rigged?
Short selling is a way to overwhelm the supply & demand ratio by selling into a futures market, when you really don’t own the commodity being sold.
Hillary Clinton, being a recipient of Goldman Sachs {an international investment bank} generosity in her quest for the presidency, may just know how to short oil futures contracts to depress the price, for a long time.??..
We Watch Together!
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March 17th, 2010 at 7:29 am
Is there anyone that can really tell me how she plans to do that?