On Thursday night's episode of "The Daily Show," host Jon Stewart riffed on the fact that President Bush was unaware of the fact that analysts have predicted gas prices could soon reach four dollars a gallon.
Watch:
For further analysis of the escalating oil price fiasco, he turned to Middle East Correspondent Aasif Mandvi to futher break down the news.
Watch:
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ATTA WAY TO GO STEWART. BLAME BUSH FOR $4 OIL. DON'T BLAME REID/PELOSI WHO WON'T LET US EXPLORE FOR OIL 110 MILES OFF THE COAST OF FLORIDA, IN INTERNATIONAL WATERS, WHILE, WITH THE HELP OF FIDEL, ENGLAND, FRANCE, ITALY AND GERMANY, ARE DOING JUST THAT. I GUESS NANCY WANTS TO PROTECT SEA-GOING CARIBOU WHO MAY BE TRYING TO GET INTO THE COUNTRY ILLEGALLY SAT THEY CAN VOTE AS DEMS. ANY WONDER WHY THE DEFINING LOGO OF THE DEMOCRATIC PARTY IS A "BRAYING JACKASS?".
Did anyone look to see if this question was accurate?
Here is the report I found from the Energy Information Administration:
Feb. Report:
Retail prices for petroleum products are expected to be higher in 2008 than last year, due to higher average crude oil prices. Both motor gasoline and diesel prices are projected to average more than $3 per gallon in 2008. The monthly average gasoline price is projected to peak near $3.40 per gallon this spring.
http://www.eia.doe.gov/steo
Again it seems we are blasting opinions from ignorance. Thanks to the media
Bogus, you're a truly fine Republican apologist.
How much would you care to wager that gas will NOT average $4 a gallon OR ABOVE this summer?
I think it is sad that we have gotten to the point in American politics that we spend each presidents term of office searching for opportunities to undermine their authority and demean the men that serve. I was frustrated by the republicans for doing it to Clinton and successfully derailing his agenda by doing so. I am now completely sickened by the democrats success at bringing the entire country into a funk in their efforts to derail Bush.
BTW , I often find myself out of touch with the price of individual goods. Does this make me stupid or uncaring. I donated $12k to a charity to provide drinking water to poor villages and my time to Special Olympics.
I promise you Bush is aware of the price of oil and the MUCH broader impact on the economy. Hydrocarbons(oil and its byproducts) are in EVERY product Americans buy in some form not just gas.
Honestly, aren't you surprised at his ignorance? He was an "oil man" before politics. We're fighting a war in the mid-east which has a lot to do with oil. A number of people in his administration are heavily involved in the oil business. The economy is the number one concern of voters right now, and the price of gas is one of the most often-used indicators of consumer health. I'll give Bush a pass for not knowing how much a carton of eggs is selling for - but gas? If he isn't keeping track of that - he's an idiot.
Did you validate the question before you called the man ignorant?
Here is the most recent report from the Energy Information Admin.
Feb. Report
Retail prices for petroleum products are expected to be higher in 2008 than last year, due to higher average crude oil prices. Both motor gasoline and diesel prices are projected to average more than $3 per gallon in 2008. The monthly average gasoline price is projected to peak near $3.40 per gallon this spring.
http://www.eia.doe.gov/steo
Please allow me to help you gain some focus; Don't be sad for your president, Support our Soldiers Sailors Airmen and Marines. Support our Nation and the Rule of Law, Support our Constitution and Restore common decency throughout the Human Condition. Our Soldiers fight for each other not for the benefit of Big Oil, OPEC and the Military Industrial Complex. Our Soldiers struggle daily to believe in the leadership that ordered them into the fry. They lack the luxury and freedom of access to the inner workings of the machine that has sent them into harms way. They must trust in Our informed Consent that our representatives have made sound decisions that have such weight of Life and Death to them. The very future of our Nations ability to defend itself relies on the trust our Soldiers must have that the decisions of those Leaders is plain and clear and TRUE. When next our Nation calls upon it's young men and women to defend it, how will they answer, how will they ever again believe in leadership that has betrayed their trust. Sacrificed their lives, for the sake of Pure Profit. This War, built on deception, is now and has always been about Oil. At the end of the day, Oil = Money. We The People have the blood of our Soldiers on our hands for lack of courage to do what is needed and what is right.
This gruesome Cabal of Criminals, breaks our Laws with the arrogance of entitlement right in our faces. We sit and complain about it. I say no more. These crimes against even one man, are crimes against all men. The Nation must remove this cancer now.On April 1st 2008, if Congress has failed to begin Impeachment proceeding against these heinous criminals. We The People will ABOLISH this Government in its entirety. It is our solemn duty, from which we shall not shrink nor waiver, under our Constitution, to ABOLISH any Government that has failed in it's duty to uphold the Rule of Law. There is no room for alternate interpretation, no mitigating circumstance, no argument nor excuse, that can be brought any longer. OPERATION RESTORE TRUST will direct Federal law enforcements Agents to take into custody pending trail, all senior members of this Criminal organization, (The Bush Administration). The interim Government will be temporarily administered by the Governors of the Fifty States and the districts. A date certain for a Constitutional Convention will be set for April 19th 2008, Patriots Day. Congress will be discharged from it's duties and all sitting members sent home for new elections in their respective states. All Bush Appointees including within the Supreme Court will be suspended from their duties pending reconfirmation by the newly elected Government. The intent and ability for this criminal organization to influence the internal deliberations of the courts is well documented. Never before in the history of Our Nation has such an insidiously aggressive cancer, reached it's strangling tentacles throughout every aspect of our government. It STOPS here and NOW. The Clock is ticking Congress, you have 21 days to act as charged in your oath of office. FAIL NOT!
Although, in theory, this is a wonderful idea. Frankly, this is no different then the current administration. The Constitution specifically outline the process that should be taken if the American People is unhappy with their elected official.
While I agree that Bush, Chaney have committed crimes against the Constitution of the United States I can also see why Speaker Pelosi would be reluctant to bring about Impeachment proceeding. Since Pelosi would become President, if both Bush and Chaney were impeached and removed from office, there certainly would be many who would claim she was doing it for her own agenda.
Very poetic. Anyone that thinks that Iraq was attacked for oil lacks imagination.
In truth we are all vomiting up out under informed opinions about the acts decisions of people that are very intelligent and more well informed than we will ever hope to be.
In my severely under informed opinion, we went to Iraq for the following reasons
1) We were attacked on 9/11 by Muslim fanatics creating a state of fear in the US
2) There are fanatical elements spread across the middle east.
3) We are ever on the brink of a regional war in the middle east.
4) Iraq and Afghanistan make a perfect strategic balance across the region geographically. We could launch an attack towards any Mideast country directly. Eliminating the conflict of interest political fights over border crossings in times of conflict.
4) Iraq and the US have been in an on again off again shooting fight since the first gulf war.
5) Iraq's strange and now incomprehensible brinkmanship over WMDs that now didn't seem to exist made them a high risk and possible Allie to the fanatics that would look to attack again.
6) we were on a war footing and Iraq was next on the pecking order of possible eminent threats
All these opinions are based from imagination, since I too do not get to sit in the administration's security briefings.
I regret my intial supoprt of the war but:
1) We haven't been attacked again
2) I would do it agan if I lived in a diff. timeline in which we had not gone to war and our fears had been founded and relized
3) I don't yet know the longterm effect the war will have on a region that has been in open conflict for 1000s of years
bogus11: Paid repulican troll, paycheck signed personally by Karl Rove.
Really sad when people can't have an intelligent debate without tossing insults. You and your ilk are the reason the country is in a season of cross party hatred.
I am a conservative leaning independent.
I have never worked for either party. I love our Democrat mayor in Houston. I think Clinton is the only presidential candidate making any sense at this time.
So you are completely mistaken about me and you lack manners. I hope you learn them someday for the the sake of the unfortunate that have to interact with you.
The most bizarre thing about that press conference was what followed his surprise at being informed of the possibility of $4 a gallon gas. Minutes later when asked a question on his Presidential Library he responded with the following:
QUESTION: Any restrictions on who can give? Will you take foreign money for this?
THE PRESIDENT: Yes, I'll probably take some foreign money, but don't know yet, Ken. We just haven't -- we just announced the deal and I, frankly, have been focused elsewhere, like on GASOLINE PRICES and, you know, my trip to Africa, and haven't seen the fundraising strategy yet. So the answer to your question, really, I can't answer your question well.
http://www.whitehouse.gov/news/releases/2008/02/20080228-2.html
The dunce lied to reporters minutes later after claiming complete ignorance on gas prices. I know that he's a complete moron, but this contradiction is worse than his usual idiocy.
He is not only simply ignorant, but completely out of touch with the real world. Remember when his daddy was taken to a grocery store during his presidency and had no idea what those newfangled barcode scanners were?
The Dems should excerpt the bit about oil prices per barrel in the year 2000 when Bush took over. In the $30 barrel range. Then cut to the clip of a woman at the NY Stock Exchange quoting the $104 barrel range, then cut to clip of Bush saying he had no idea gas was going to go to $4.00.
Then cut to McCain hugging Bush like he's his long lost Daddy, then cut to Bush's endorsement of Johnny Mac.
Play that ad over and over alternating with interviews of people struggling to pay to fill their tanks and get to work.
I told a friend on a plane home from Greece the day that Pres. Clinton granted China Most Favored Nation status that the long term economic impact would be devastating to the US. Todays oil prices are a direct result of that act.
Time line of impact of Most Favored nation Grant
1. Trade barriers with China are dropped
2. Outsourcing of manufacturing to China ramps due to dropped trade barriers and low labor cost
3. China's economy begins to grow rapidly fueled by American manufacturing job creation in China
4. China's consumption of goods and services grow rapidly
5. China's has huge growth in consumption of hydrocarbon based products(gas, oil, plastics, transportation service to name a few)
6. Oil Prices rocket as the largest population center in the world becomes a consumer.
7. Current economic pressures on US
What is still to come.
6. Oil will look cheap today if China's population begins to consume anything near the US's
7. US wages will drop to compete with global labor market. Mostly China and India
8. US standard of living will drop and US will fall into ranks of global power has beens.
Those Clintons were terrible in the 1990's! What were they thinking? Oil at $31 a barrel! Disgraceful! At least we have some real pillagers in the White House now who will make sure the pockets of the rich and the robes of the Saudi's are lined in rich black gold.
Just what was that secret energy policy of Cheney?
Has it been successful? Did they plan on $4/gallon gasoline? Shouldn't someone in the media be looking to find out?
Surely you could find someone to leak it by now.
But! But! My oil plan has been a great success for the Amerikan economy! Just look ot the oil profits and the Iraq oil that is paying for our glorious war! yor truly "vice" War Profinator, Fuck-Thee Cheney
WHAT'S GOOD FOR HALLIBURTON/BLACKWATER/GBR IS GOOD FOR AMERIKA!
So did GB ever answer the reporters question?
Will he ever?
No, but just a few minutes later, he said he wasn't up on the name of the new guy in Russia (Medvedev) because he's been concentrating on such things as gas prices.... Could this guy be any more disconnected with himself?
(original post was in reply to TomH7259 11:03AM...your reply buttons may not be working properly...?)
Damn! What a lucrative portfolio you've got hold of, there! Too bad I dumped all my US holdings the day you invaded Iraq.
Let me calculate all my losses...those values of yours are $USD, aren't they? Converting to my native Canadian dollars, your portfolio grew from $52.58 to $80.87; over eight years, your cherry stock grew by an annualized rate of...umm, well, 5.5%....pre-tax.....
If you want to remain pleased with your portfolio, I suggest you avoid checking out the Canadian total return index over this period.
Stewart is a good guy. But when he does things like repeating the lie currently being put forward by the establishment media that Ron Paul has dropped out of the race I can't help but doubt his commitment to the truth. Generally he does much better than almost every part of the media that I have seen, that isn't saying too much though.
speaking of boycotts, how come no one has ever been able to get anything organized against Citgo? It is the Venezulan Governments Oil Distalates arm. Everybody hates Hugo Chaves right????
I dislike some of the things chavez has done, and agree with others. He has done a lot to help the poor people in Venezuela. There isa reason why Chavez has been popularly elected twice. I dont disagree with chavez enough to start some kind of boycott. I'd sooner boycott Burma or Saudi Arabia, if it were possible.
The price of gold, $980 an ounce, is too high!
Why doesn't Bush do something??????
He didn't know the price of gas, so he probably doesn't know the price of gold either, or the price of a loaf of bread, or a gallon of milk, or a college education, or a visit to the doctor, or anything else for that matter. He's oblivious.
The old supply and demand principle. Really? So the world's oil demand has tripled in 18 months? Less supply? production has increased from 62 m barrels daily to 84 since 2006. Alternative energy?Like ethanol that takes more oil to produce it than the product itself. These politicians that go around touting alt. energy programs are selling "feel good" rhetoric that accomplishes nothing.If you put on your seat belt after you hit the tree,the crack in your skull does not go away. We must increase domestic production,while developing alternative fuels,or is that just way too complicated?
The amount that a change in supply/demand affects price is not proportional. Look at it like this. If there is a fixed amount of food (just like there is only a certain amount of oil for sale at any given time) and that is enough to feed everyone then prices are pretty reasonable and close to the cost of production. If then the supply of food decreases to less than enough to feed everyone (either more people or less food) then all of a sudden there is a bidding war for that food. No one wants to be the person who goes without dinner so people are willing to pay quite a bit more than the cost of production. Prices can quickly become extortionate. That is a main reason that prices have gone up so much recently. Even if all that happens is people THINK that shortages are impending the prices will increase.
This has more to do with speculation, taking scalps like the guy who wanted to be first to have the bid for more than one hundred dollars a barrel, and the falling dollar. That was an intentional choice by the Secretary of Treasury to allow for increasing exports and improve the balance of trade. The unintended consequence, all commodities have gone up and the dollar has plummeted. These guys are crooks, bozos and amateurs. My apologies to clowns and criminals.
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Comedy Central | March 7, 2008 10:31 AM