MyGovCost News & Blog

vivian farley says:

I don’t understand all the uproar about climate change. If everyone would just read God’s word it plainly states there will be changing of climates. There is nothing any human can do to change it. And as far as Obama goes, in my opinion, he is only doing what he is told.

Charlotte Rauch says:

Obama is out for himself and his cronies. He really doesn’t give a heck about us little people who struggle all year long to make ends meet. Or the people who can’t find jobs.

Roy Dodd says:

Let’s get rid of this ignorant president. He does not care about the US and its well being.

sandra says:

You can be sure he won’t accept responsibility for this, he with oil companies and Bush!!

libertarian jerry says:

People must realize that when it comes to the the increase in the price of gas it is that the price of gas is not increasing but the purchasing power of the “dollar” is being eroded by over printing. To say that there has been no inflation over the past several years because of a “check on inflation due to the prolonged Recession” doesn’t match the statistics. Just go to a supermarket. For a real reading of inflation check in with John Williams’s “Shadow Stats .com.” Real inflation has averaged between 6 and 9 percent over the last 5 years. Added to the inflation stats,high taxes on gasoline,directly and indirectly have caused gas prices to rise. As most gas taxes are used to fund highway and infrastructure it is obvious that inflation has also caused the cost of highway building materials upward. All though I am no fan of Mr.Obama,and blame him partly for higher gas prices,the real villain is Mr. Barnanke ,Quantitative Easing and the Federal Reserve’s Monetary Policy.

Nick says:

Blaming Obama and his ‘climate change crazies’ for high gas prices is ridiculous. I’d blame the jacks who haven’t come up with an alternative that actually works. There’s less oil prices are going to be higher and using this article to promote Keystone XL will not help. Climate change and global warming are indisputible scientific facts and something must be done to at least slow it down, it does not occur naturally at this insane rate.

Geary says:

It’s kinda sad when a site like this one doesn’t even realize how badly the figures from Gov’t have been “gamed” over past 40+ years.

Kindly do us ALL a favor, and review John Williams’ primer on the site referenced above.

First and foremost – we have to be able to compare apples with apples to make any intelligent conversation ... and since the days of Nixon to present, administrations and agencies have done their best to prevent this. Please don’t compound the ignorance.

Tortugas Tramp says:

Agreement with both the above contributors. I must add the following. The price at the pump today is due to the cost of oil and processing of oil acquired today but possibly not yet shipped and which won’t reach the pump until processed and delivered.

With this understanding, you get an insight into the geo-political realities.
As the author states, the President is in-between 2 factions. Obama’s goal is to please his handlers. To this end, he must induce uncertainty to the American market. Uncertainty equals volatility. (we lose)

The author also concludes that Obama will not approve the Keystone. Now anyone in the oil business who wishes to stay in the black will factor in the market uncertainty (or the certainty of Keystone’s failure).

Brent (imported) oil is at a whopping $114, while West Texas crude (WTI) is at lowest in more than a month at $92.91. Anyone want to yell at the president??????

Pam says:

When will you proponents of that pipeline realize that we do not have the capacity to process that crude oil even if it was intended for us? (which it isn’t). We currently have declining refinery capabilities due to the fact that none have been built since the 1970′s. Those regularly shut or slow down every year due to maintenance and that stupid change-over to lighter fuel. The oil companies certainly aren’t in a hurry to build any new refineries because of environmental regulations that have to be met. So instead, they’ll build refineries overseas, ship our crude oil there, ship it back and charge us even more.
I also agree with libertarian jerry when it comes to the reduced value of the dollar. That alone makes other countries want to get rid of the dollar based oil prices. And if you’ve paid attention to the “inflation level” that the government lies about; it doesn’t include the cost of energy or food....the two items whose prices are increasing exponentially every month.

Kay says:

I’m SO sick of this president’s policies, designed to drive us into poverty, one way or the other. He WANTS a ‘nanny state’. It’s clear no one has the fortitude to stand up to this dictator, unfortunately.

Bob Jones says:

Aside from the comments from Jerry, which are mostly on point, how can you talk about gasoline prices without even mentioned the commodities market, where the price of crude oil is determined, and the on-going instability in the region of the world, where a large portion of said crude oil comes from.

One way to reduce the cost of gasoline would be to completely drop the sanctions against Iran and allow Iran to fully exploit and sell their oil on the world market. This would drive the commodity prices down, which should also reduce not oil the price at the pump, but also the prices associated with everything associated with oil (i.e. transportation costs, etc.). Thus, instead of only harping on the Keystone pipeline, which might take as much as 5 years to finalize a design and then construct, you should also explore all policies (even those advanced by leading member of the GOP) that have contributed to a shrinking of the potential supply. At least then you could be taken seriously.

dragoncat says:

This climate change issue is void of one thing – even with all the cars, trucks, and buses in all the world they can’t put out as much green house gasses as one Volcano. Obama is a total nut job and all he wants is that everyone to love him. Notice how many pics there are of him on TV and in the papers, of him showing off his style and that stupid grin. He really needs to get a clue and finally act like a responsible person and not the buffoon that he is. And yes he needs to be removed from office before he can do any more damage to this great country.

MDC says:

The climate has been in a warming trend for 21,000 years, which only been abated by astronomical (asteroids) and volcanic events. This trend will continue regardless of what we do. The Obama Administration favors decimating our economy in the name of controlling greenhouse gases. If we reach his goals, what will be the net result? Large greenhouse gas sources including China, India and Russia likely will continue to increase their greenhouse gas production. If the Keystone XL pipeline is stopped, Canada will develop the tar sands anyway and the jobs and benefits will go to countries other than the USA. The net result of Obama’s goals and those of idealists such as Darryl Hanna will be a feel good tree-hugger high while our economy is decimated with no appreciable change in the world’s greenhouse gases.