why isn't Obama stopping the price of oil from going so high?

I kept hearing before Obama was elected president that he would not allow oil to get this high again, that he would keep Bush and all of his rich oil buddies from getting rich.

So why isn’t he doing it? Does Obama have rich oil buddies he is protecting? Why is this happening? Do all of those that blamed Bush for high oil prices want to take back their attacks?
I am not blaming Obama, I am just asking why he hasn’t stopped the price of oil from climbing like everyone said he was going to.

31 Responses to “why isn't Obama stopping the price of oil from going so high?”

  1. *** Says:

    Only complete fools believe Obama can control international oil prices.

  2. Felonious Monkey Says:

    Let me get this straight…

    You’re blaming Obama for the high oil prices in order to protest the inaccuracy of liberals who blamed Bush for high oil prices.

    Logic foul!

  3. XxlargemanxX Says:

    because hes black

  4. EDY L Says:

    They’re called "lobbyists". They promote ideas that normally would not stand.
    Look it up some time.

  5. doug Says:

    personally i think its a thing that they needa do becuase the price per barrel of oil rises the more we pay.. we wont use our oil we have in alaska and stuff till we get done in iraq..

  6. BoatsBM1 Says:

    NO President has the authority to tell any business what they can or can not charge for their products or services.

  7. Міша Says:

    I too think, it is high time for a Congressional investigation into price-gouging by the Big Oil…

    At least, that’s what Nancy Pelosi would’ve said, if Bush were in the White House.

  8. Melly S Says:

    Obama believes in going "green".

    Less vehicles on the road = "green"

    High gas prices = less vehicles on the road.

    So high gas prices = green

    Nevermind that it hurts poorest people the worst. Nevermind it stifles the economy. Nevermind it keeps people out of jobs. ITS GREEN!

  9. Dave87gn Says:

    Big oil is what you call a "special interest"

    they buy off politicians in Washington, so they can DO WHATEVER THEY WANT

  10. tfoley5000 Says:

    Its all about wall street they control the prices and obama stop them then you stop BIG OIL from doing Its job.

  11. Tobian Wellsley Says:

    Its impossible to stop oil prices. Oil is getting harder to find and refine, and this costs money. The price goes up, and so the government has to compensate for that. If they stopped the prices going up, then they would get A LOT less money from the tax, which means that there is less money for educations, roads, health ect ect. Then people would comlain about that. Being prime minister is about picking your battles. This one is unwinnable, for oil is running out. The only opsion that can happen is the reasearch into renewable energies, which is being done. So in reality oil prices will go down soon, because we won’t rely on it and insead on wind, solar, and other renewable energies that the US government is persuing.

  12. Right vs Left IS Right vs Wrong Says:

    Obama stopped drilling after the accident in the Gulf. I guess anytime there is an airline accident we need to shut down all airports. Car accident, shut down the freeways.

    That action is not the way to be independent on oil. It certainly doesn’t lower the price either. We need to be drilling more…and especially on land such as places like ANWR. But no, we can’t because the liberal environmental marxists won’t let us.

    Obama doesn’t want to become independent when it comes to oil. He wants us all to take mass transit, drive lunch box electric cars and recycle our methane gas while wearing beanie propeller caps on our heads.

  13. Paul Jackson Says:

    The president doesn’t set the price of oil. He’s not stopping it because he has absolutely no control over it.

    "I am just asking why he hasn’t stopped the price of oil from climbing like everyone said he was going to. "

    Anybody who said that is an idiot.

  14. Bibigirl Says:

    He’s hoping to push toward green energy. This is great, he doesn’t do anything to create jobs, bumped up the debt and now with gas prices rising people won’t even be able to pay for groceries pretty soon.

  15. Facts Enrage Dembots Says:

    obama wants cap and tax, he wants ‘alternative energy’… the higher gas gets, the happier he is… he won’t do a thing to lower it… the one thing he could do is get a moratorium on the fed gas taxes for a little while… yeah, right… he’s more likely to RAISE the gas tax… he WANTS it to skyrocket… especially now, when he could try to blame the new GOP Congress…

  16. Warren T Says:

    WELL IF HE FREEZES OIL PRICES, YOU WILL SOON SEE SHORTAGES

  17. Yahoo " Going Out Of Business " Says:

    Read my lips. No New Taxes for anyone making 250k or less.
    Washington makes about 10.00 per barrel of oil ( maybe more )

  18. Drew Paklo Says:

    Beacause Obama WANTS the economy to collapse. When it does, people will riot and he can declare martial law. Then between Fema, Cpa, Tsa, Hsa, and his little Nazi youth program, we’re toast.

  19. Sugar Says:

    Ask George…

  20. momw Says:

    Because he isn’t in the oil business.

  21. Vandelay Industries Says:

    President Obama can’t do anything about the oil prices except establish a price ceiling, which is bad in an economic sense. Additionally, it would look terrible on his presidency. The only way to lower gas prices would be to do a few things: 1) offshore drilling or find other sources of oil, or 2) manage to get another push for green energy. Supply and Demand.

    Also, I believe your facts are a bit…wrong. The profit margin for Exxon Mobil (EOM) in 2005 was 11%, which is considerably less than Microsofts profit margin of 32% from 2005.

    One more thing I just realized is that President (at the time, candidate) Obama was saying he wouldn’t want the oil prices to get this high again, but that doesn’t mean that he is going to create price ceilings for oil companies.

  22. Gray Wolf Says:

    Ummmm……because he can’t.

  23. darrin b Says:

    Oh, pul-leeeezzzze.

    China, being successful as it is, is running the price of oil per barrel sky high. Their demand is high, so the oil cartels can afford to raise the price of oil.

    Additionally, Americans are back behind their own wheels, keeping the price sky high.

    If we will park our cars like we did in 2010, the demand will go down and so will the price.

  24. jlfliberty Says:

    DRILL BABY DRILL

    Obama can’t control it but he sure has influenced it. In my life time when we have started taking matters into our own hands it has always gone down.
    i.e. Alaskan pipe line after Arab boycott and when we just mentioned we were going to start drilling a couple of years ago it began dropping.
    You ideolog’s out there are transparent now.
    Subsidize to achive (DO NOT PUNISH)
    Driving up energy prices to go green is bullying the elderly & poor. Those that support bullying to achieve their goals care for no one but themselves.

  25. SCHWINN Says:

    BP.YOU SCREWED UP EVERY THING BECAUSE OF HASTINESS & GREED . DO SOMETHING GOOD FOR THE AMERICAN PEOPLE , BRING US CHEEPER GAS FOR FUCKING UP THE GULF ( OUR GULF) NOT ENGLANDS !!!!!!!

  26. SCHWINN Says:

    STOP ILLEGALS FROM DRIVING THEY DO NOT CONSERVE NOT ONE BIT,PEDAL TO THE METAL ,I LOVE THE MEXICAN PEOPLE , BUT TOO DAMN MANY ,FIX YOUR COUNTRY AND TAKE IT BACK FROM CORRUPTION LIKE EGYIPT… NO DRIVERS LICENSE/ NO EDUCATION FROM US.PUBLIC SCHOOLS / FREERIDE BACK TO MEXICO.

  27. SCHWINN Says:

    TO NUMBER 23 THAT IS CORRECT STOP DRIVING FOR ONE DAY A WEEK AN THE PRICES WILL COME DOWN !!!!!!

  28. ron washington Says:

    its not that obama can change the gas prices because he cant BUT and i put a capitol on purpose he is the president of the united states argueably one of the most powerful and influential men in the world simply because of his title. he can definitally lean on the oil companys for making way to much profit or for price gauging the america people. he can also lean on foriegn oil exporters to increase the amount of oil they are putting out. the more oil in production the less its worth. he cant just say hey hey hey gas is to high and its killing out economy so lower the prices.. but he does have weight that he can throw around should he choose too

  29. ron washington Says:

    and im sorry to tell u number 27 to stop driving wouldnt change anything. it will affect thier profit, and increase the number of barrels momentarily the oil companies simply will raise the price of the barrel to make up for the one day people stop driving. in a nut shell to stop driving for a day at 3.50 a gallon would create more barrels and thier profit would go down but if they increase it to 3.60 like they are planning to then your one day hits them even less and the more they increase it the more true realization of that will become. its a good idea but the only people who can and should stop gas price is politicians. its out of our hands unless we stop driving almost comepletely

  30. ron washington Says:

    and this is the last thing im going to say on this.. the only reason gas went down or stayed steady for so long in 2010 is because the oil spill. think about it millions of gallons were lost in the oil spill yet gas prices went down. does that make sense?? its because if they raise it then it would of been because they messed up and people would of been in an outrage. so what did thet do??? they waited for 4 or 5 or 6 months to go by when all of us fools would forget about it and now they are finding any reason possible to raise gas priced. did you think they would just lose all that money and not get it back??? its called a business for a reason no lose is acceptable i knew the prices would go up and i knew it wouldnt take long.

  31. Hazelgrl Says:

    Ok I see some people are saying that Obama has no control over oil prices..I understand these would proubly not be the same people that were blaming Bush when it got high and not this high..why didn’t I hear that Bush had no control over it..now it happens on Obama’s watch and many people are silent.. somethings wrong here..