Name:	lucky67 -	Reply
Subject:	Here we go !!!
Date:	1/21/2015 6:20:14 PM

Ebay to eliminate 2400 jobs; bet McDonalds is next

Name:	MartiniMan -	Reply
Subject:	AMEX drops 4,000
Date:	1/22/2015 8:29:03 AM

And none of this counts all the jobs lost and soon to be lost in the oil industry.  In the last 3 monthsoil & gas related companies have dropped over 30,000 employees.  And I guarantee these were high paying jobs.

Name:	Lifer -	Reply
Subject:	AMEX drops 4,000
Date:	1/22/2015 12:59:02 PM

You know that to king O its good riddance to those nasty, global warming, polar bear killing oil and gas jobs.

Name:	lucky67 -	Reply
Subject:	AMEX drops 4,000
Date:	1/22/2015 5:23:55 PM

i bet that booming town in North Dakota is drying up--no more sleeping in car in Walmart parking lot--wonder who they will vote for

Name:	GoneFishin -	Reply
Subject:	Gas Prices Rock
Date:	1/22/2015 5:41:50 PM

Blame Obama when gas is high and blame Obama when gas is low.  Fear not, we will once again be paying thru the nose when domestic oil drys up cause they can't drill at the low prices. Then, OPEC will raise the price and you guys will be happy. OPEC is now using interesting economics of not cutting production inorder to drive fracking out of business. They could simply cut production and force prices higher on supply and demand. Rather, they are taking a long range approach.

Name:	MAJ USA RET -	Reply
Subject:	Gas Prices Rock
Date:	1/24/2015 3:11:04 PM

Were you just typing too fast when you composed that? GF... that makes no sense.

Name:	Lighthouse -	Reply
Subject:	Gas Prices Rock
Date:	1/24/2015 4:20:30 PM

I believe he is on the correct track. Why else would they keep prices so low, which is below the cost of getting oil out of the ground by fracking? They want to put frackers out of operation.

Name:	MrHodja -	Reply
Subject:	Gas Prices Rock
Date:	1/24/2015 5:39:55 PM

I saw that the Saudis' cost to produce a barrel of oil is about $12.  With the billions if not trillions they have in cash reserves they could easily keep the cost of a barrel depressed for long enough to drive the frackers out of business.  However, that also hits some of the less fortunate OPECers like Venezuela - whose economy is propped up by oil sales - pretty hard. 

Name:	MartiniMan -	Reply
Subject:	Gas Prices Rock
Date:	1/26/2015 11:02:47 AM

And the way they will do this is to dry up their source of funding by driving the marginal operators into bankruptcy and therefore default on their debt.  But keep in mind that another major source of the decline in oil prices is the strengthening of the dollar.  When the dollar is strong the price of oil always drops.  They are now talking about possible parity between the dollar and the Euro.  Good time to travel to Europe although it makes it harded for US firms to sell their products overseas.

As for Obola's part in this, he only gets partial credit in that he hasn't been able to figure out a way to prevent fracking on private property.  If he could he would.  Would be interesting to hear from GF exactly what Obola did to make prices drop.  What policy?  Which EO? What did he do to make it go lower.  I can list a whole series of actions he has taken and those he has not to reduce exploration in the US which reduces supply and increases prices.  But what exactly. specifically has he done to lower gas prices?  Lower taxes?  Nope.  Increased exploration on public lands?  Nope.  Keystone Pipeline? Nope.  Stronger dollar?  Maybe, but what was his role in that happening?