[2Slow2Timid]

But beer = good, and by that association, food = good, so beer must = food?

[Urbanmyth]

Originally Posted by BlackNBlue

Gas must be cutting into the beer money...

lol, Nice one.

[EagleAutosports]

lololol...

[tripleblack]

Oil is showing weakness right now. Its a political problem. If we can get the Democrats on board with the idea of expanding our oil and natural gas production, there is another 25-30% drop in the speculative portion of the price.

Assuming the voters put the squeeze on Congress and they want to keep their jobs, we could be seeing $100 oil in a few months ($3 gas would soon follow).

That's a big "if", though. There are an amazing number of people in Washington right now trying to RAISE the price of gas and diesel, and at the first sign of any softening in prices, they immediately mention new taxes on fuel.

[BoostedCivic]

That sounds terrible Tripleblack.. Let's really hope for that squeeze.

[tripleblack]

Watched an interview with the Minority Leader in the Senate and the Energy Committee Chair (Democrat from North Dakota), and it sounded like a deal is still possible in the Senate to help the situation (though they are really arm-rasslin' to try to get some political advantage out of it).

Pelossi is sitting on any votes on this topic in the house, though.

My take is that the key will be the amount of pressure Pelossi's troops feel from back home.

I'm "squeezing" my personal reps in Washington hard as I can, but unfortunately, they are all 3 (1 rep and 2 senators) Republicans, so I'm singing to the choir.

Democrats with Dem. reps have the ability to make more of a difference in this particular case. Yell at the guys in Washington - ALL the House is up for re-election, and they are plenty nervous about losing their cushy jobs right now!

[tripleblack]

Prices are going down, and totally because Bush killed his daddy's old "drilling moratorium".

Now if Congress will get off their duff (beginning to look like they WON'T - the Dems are floating multiple "sounds like" fake-outs to make people think they DO want to drill for our oil, but not really, or only in "appropriate" places, etc, etc).

They are waiting for the elections to get behind them so they can keep on stonewalling.

Don't believe them. Keep beating them up, emails and messages. Our words ARE making a difference in Washington (particularly since they are scared of losing their re-election bids).

Being a Congressman is a pretty sweet gig - and some of these morons will react to NOTHING less than the prospect of losing their jobs.

[Urbanmyth]

Wow, None of us expected the slight drop of gas prices, now we all kinda look silly.

[tripleblack]

I predicted it, on another car site, but I was about 4 months off. Hey, rather late than never.

If Congress gets off the pot, the price will keep going down, further and faster.

All we have to do to see $80 oil again is THREATEN to drill - to tap our own reserves (which are huge, imo). This assumes Russia pulls back from Georgia and we DON'T have to take out Iran's nukes, of course. Unfortunately, politics (not supply and demand) are now in near-total control of world oil markets (usually, market forces INFLUENCE oil prices, despite OPEC).

Pelossi is stonewalling this, and now the Democrats (including Obama) are getting cute with it, putting sweet-sounding language in their platform that gives lip service to the idea of drilling. Best to remember their early laughter and mockery of the idea, though, and BELIEVE those first responses. Pelossi outright called the idea of drilling for more oil a "fraud".

[Urbanmyth]

Let's hope that they do infact keep pushing, and everything goes smoothly into dropping the oil prices.