Topic: My Vermont Senator at work....yeah, Riiiiight!

[74cb750]

Need comments on this email he sent me.

The average price for a gallon of gas has gone up by more than 41 cents in the past five months. Supply and demand? Hardly. The price hikes come at a time when U.S. oil inventories reached a three-decade high while demand for gasoline is lower than four years ago when prices averaged only $2.30 a gallon. So Bernie is pushing for an investigation into oil price manipulation like one already underway in Europe. He also would set a 30-day deadline for federal regulators to use emergency powers to curb excessive speculation in crude oil markets. Both ideas were offered as amendments to a bill now before the full Senate. (from senator Sanders, VT email, may 23,2013)

peace,
michel

[JeffSTL]

The States need more Bernie Sanders. He is one of only a few politicians I like.

[Duanob]

Our state senator Cantwell was pushing for congessional investigations into skyrocketing fuel prices back in 2008 when gas first hit $4.50 gallon. They discovered speculation eventhough the oil industry kept claiming supply and demand blah blah. That's about all. Gas prices keep yo-yo-ing, the oil industry keeps claiming supply and demand issues and nothing ever gets done. Big surprise. Makes me glad I ride a motorcycle.

[74cb750]

Our state senator Cantwell was pushing for congessional investigations into skyrocketing fuel prices back in 2008 when gas first hit $4.50 gallon. They discovered speculation eventhough the oil industry kept claiming supply and demand blah blah. That's about all. Gas prices keep yo-yo-ing, the oil industry keeps claiming supply and demand issues and nothing ever gets done. Big surprise. Makes me glad I ride a motorcycle.

Yeah, I wish that was a solution, but my CB550 gets 34mpg, but my honda civic gets 38-43mpg (I coast downhills a lot)
peace,
michel

[kmb69]

The States need more Bernie Sanders. He is one of only a few politicians I like.

I wouldn't expect anything less. He is a self-described Socialist.

Oil is priced in US Dollars. The US Dollar has dropped 50% in value since 1985.
The Feds (R&D alike) pumping cash has de-valued the US Dollar by 33% over the last 11 years.
There is hope. The US Dollar has gained 7% since late 2011 as other currencies are also being de-valued.

Unfortunately, that does not equate to 50% - 7%. It is still down 46.5% from what it was in 1985.

[70CB750]

The States need more Bernie Sanders. He is one of only a few politicians I like.

I wouldn't expect anything less. He is a self-described Socialist.

Oil is priced in US Dollars. The US Dollar has dropped 50% in value since 1985.
The Feds (R&D alike) pumping cash has de-valued the US Dollar by 33% over the last 11 years.
There is hope. The US Dollar has gained 7% since late 2011 as other currencies are also being de-valued.

Unfortunately, that does not equate to 50% - 7%. It is still down 46.5% from what it was in 1985.

Spot on.  But no worries, US has a lot of trees, they can keep printing money forever.

[74cb750]

The States need more Bernie Sanders. He is one of only a few politicians I like.

I wouldn't expect anything less. He is a self-described Socialist.

Oil is priced in US Dollars. The US Dollar has dropped 50% in value since 1985.
The Feds (R&D alike) pumping cash has de-valued the US Dollar by 33% over the last 11 years.
There is hope. The US Dollar has gained 7% since late 2011 as other currencies are also being de-valued.

Unfortunately, that does not equate to 50% - 7%. It is still down 46.5% from what it was in 1985.

Spot on.  But no worries, US has a lot of trees, they can keep printing money forever.

funny, funny

[dusterdude]

And it will continue too