Bill O’Reilly: Wrong On Gas Prices

 

Bill O’Reilly has launched a pretty big offensive regarding the price of gasoline.  He’s been on air several times extolling the administration to get ahead of the situation and take a leadership role.  Personally, I’m not sure that Obama has  had much influence on the price of gasoline today.  Prices are high today not because of supply and demand, policies where Obama is clearly wrong, but because of the tension in the Middle East.  Specifically with Iran.

Given the nature of the world market there is no wonder that gasoline prices are going up.  And fast.

But O’Reilly loses me on his solutions.

See, the oil/gasoline markets are global.  The demand globally, combined with the supply globally, sets the prices.  And the fact that a whole bunch of oil is coming through the Straights of Hormuz means that when that waterway is in danger, prices are going to go up.  That’s how the deal works.  And no amount f preaching by Bill is gonna change that:

http://www.youtube.com/watch?v=3L4B9JhBjyw

See, Bill wants the oil companies brought in and told that they have to sell their oil to America at a price lower than they can get on the open market.

THAT is not American.

Now, to be fair, Bill mentions that the oil is being produced on American lands with leases signed to by the American government.  That oil is ours, the gas is ours; of COURSE we can dictate the who’s and the where’s of the sale.

But we can’t.

Big government statism is ugly.  It’s ugly if you are a Democrat and it’s JUST as ugly if you are a republican.

 

10 Responses to Bill O’Reilly: Wrong On Gas Prices

  1. Wow, he essentially wants to nationalize oil companies. Yikes!

    • he essentially wants to nationalize oil companies. Yikes!

      Yes.

      Now, with that said, I have zero issue with the Feds signing lease agreements that stipulate we have to sell oil domestically. That would reduce the value of the lease, but we’d have our oil!

  2. Bill O’Reilly has always been a Socialist when it comes to energy . When gas prices go up he becomes worse than Obama .

    • Bill O’Reilly has always been a Socialist when it comes to energy .

      I think he’s trying to be populist. And is doing so where the Democrats are weak.

      When gas prices go up he becomes worse than Obama .

      For sure!

  3. My husband and I argue about this. He says troops need to be there because we still rely on their oil. I suppose if we could get things crankin here, things would be different.
    Oh, O’Reilly is lookin like a pinhead.

    • He says troops need to be there because we still rely on their oil. I suppose if we could get things crankin here, things would be different.

      I used to agree with your husband; now–not so much.

      Oh, O’Reilly is lookin like a pinhead.

      Epic fail.

      • I know we get the majority of our oil from Canada. Is that what you mean?

        • I know we get the majority of our oil from Canada. Is that what you mean?

          Well, I used to be much more of a Hawk than I a now. We do get most of our oil from Canada. And a lot from Mexico too. It’s my hope that as we continue to see instability in the Middle East we open up more domestic sources of oil AND build things like pipelines to make the oil we DO have easier to move around.

  4. I like O’Reilly, but I’ve seen him go off the deep end before on oil prices . It’s funny to see people like Dobbs try to explain the way the world works to Bill and you can tell he is not listening .

    • I like O’Reilly, but I’ve seen him go off the deep end before on oil prices .

      I like him too; the only Fox opinion guy I watch.

      BUt I get the feeling that he needs to send a populist message every now and then to keep “street cred”.

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