Comments on: Do you think the drop in the price of a barrel of oil due to Bush off shore drilling? http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm Questions and Answers Sun, 20 May 2012 00:01:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: agent456a http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm/comment-page-1#comment-3598 agent456a Wed, 23 Sep 2009 22:10:43 +0000 http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm#comment-3598 No. There isn't enough oil there, and it will not be available soon enough to make any difference. Bernanke's testimony in front of congress had a greater impact. (But basically what he said wasn't good news for any of us). http://money.cnn.com/2008/07/15/markets/oil/?postversion=2008071516 Biggest oil price drop in 17 years Crude falls $6.45 a barrel - 2nd largest price drop in dollar terms - as Fed chief indicates inflation and high fuel prices will cut into U.S. demand for oil. NEW YORK (CNNMoney.com) -- Oil prices plummeted by the second-largest margin on record Tuesday as investors feared a further decline in U.S. demand after hearing comments from Federal Reserve Chairman Ben Bernanke No. There isn’t enough oil there, and it will not be available soon enough to make any difference.
Bernanke’s testimony in front of congress had a greater impact. (But basically what he said wasn’t good news for any of us).

http://money.cnn.com/2008/07/15/markets/oil/?postversion=2008071516

Biggest oil price drop in 17 years
Crude falls $6.45 a barrel – 2nd largest price drop in dollar terms – as Fed chief indicates inflation and high fuel prices will cut into U.S. demand for oil.

NEW YORK (CNNMoney.com) — Oil prices plummeted by the second-largest margin on record Tuesday as investors feared a further decline in U.S. demand after hearing comments from Federal Reserve Chairman Ben Bernanke

]]> By: daljack http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm/comment-page-1#comment-3599 daljack Wed, 23 Sep 2009 22:10:43 +0000 http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm#comment-3599 LOL.....things don't happen that fast. It will take at least a decade before we'll see the financial effects. LOL…..things don’t happen that fast.

It will take at least a decade before we’ll see the financial effects.

]]> By: vtsztpu http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm/comment-page-1#comment-3600 vtsztpu Wed, 23 Sep 2009 22:10:43 +0000 http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm#comment-3600 It appears to be linked to a significant fall in gasoline usage. It appears to be linked to a significant fall in gasoline usage.

]]> By: johann_s http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm/comment-page-1#comment-3601 johann_s Wed, 23 Sep 2009 22:10:43 +0000 http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm#comment-3601 I think if the issue is pushed, the coasts will secede. We're that passionate about our coastline. Even the Terminator with us. As a consequence of them knowing this, I think what we're witnessing is political rhetoric. I think if the issue is pushed, the coasts will secede. We’re that passionate about our coastline. Even the Terminator with us. As a consequence of them knowing this, I think what we’re witnessing is political rhetoric.

]]> By: bigdog1412000 http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm/comment-page-1#comment-3591 bigdog1412000 Wed, 23 Sep 2009 22:10:42 +0000 http://askalandman.com/do-you-think-the-drop-in-the-price-of-a-barrel-of-oil-due-to-bush-off-shore-drilling.htm#comment-3591 Yes somewhat, OPEC might said uh oh they are for real this time. It might take some time before we saw any effect from the drilling but they might be think lower the price or they might not need us 10 years. Then where would they be. We need to light a fire under them and maybe we can get a handle on the problem. Just think if Bill would done it ten years ago. Yes somewhat, OPEC might said uh oh they are for real this time. It might take some time before we saw any effect from the drilling but they might be think lower the price or they might not need us 10 years. Then where would they be. We need to light a fire under them and maybe we can get a handle on the problem. Just think if Bill would done it ten years ago.

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