Russian Interest rates 17%

[unregistered]

 

[unregistered]

 

[RobDownSouth]

Jesus, Obama is not behind the falling oil prices.

Of course not.

President Obama is only blamed when prices rise, right?

 

[unregistered]

 

[Disgustipated]

if it is connected to the EPA, or other government action. If it were up to the EPA, or the Obama administration, the oil boom in North Dakota on private property would not have occurred.

Fuckin' Nixon and his EPA "Liberal" agenda. Right? RIGHT?

 

[unregistered]

 

[cowslinger64]

Of course not.

President Obama is only blamed when prices rise, right?

it's $2.18 here today....thanks Uncle Obama!!!!!!!!!

 

[Disgustipated]

Right! Nixon was a fucking Rino.

Was the "Rino" term even coined back then?

 

[unregistered]

 

[Libsam]

He was known as a Rockefeller Republican

Nixon tried to get us off the gold backed fiat standard.

Do you find it interesting that we've all been conditioned to react to his name negatively, just like a pavlovian dog?

 

[Que]

Of course not.

President Obama is only blamed when prices rise, right?

Covered that in detail yesterday. Keep repeating nonsense, rather than responding. It is easier, right?

When he does things that specifically cause oil speculators to make reasonable assumptions about the future price of oil it raises prices. When innovators work around the hurdles he puts up, the price goes down.

He took actions that raised the price. He took no actions that had the effect of lowering it.

Not hard to explain, but your version of reality which would be the converse of that sure is.

What action did he take that lowered the price?

Explain how denying permits did not have the effect of raising prices when logic says it should, and the correlation occurred?

 

[Sean Renaud]

if it is connected to the EPA, or other government action. If it were up to the EPA, or the Obama administration, the oil boom in North Dakota on private property would not have occurred.

That makes the mistake of thinking Obama doesn't love America.

 

[RobDownSouth]

Covered that in detail yesterday. Keep repeating nonsense, rather than responding. It is easier, right?

I just get a kick out of you and your kind attempting to rationalize your "Prices up - all Obama's fault, Prices down - no thanks to Obama" babble. It never gets old!

 

[Kitty]

Russia Defends Ruble With Biggest Rate Rise Since 1998
By Olga Tanas and Anna Andrianova Dec 15, 2014 4:38 PM PT

In a surprise announcement just before 1 a.m. in Moscow, the Russian central bank said it would raise its key interest rate to 17 percent from 10.5 percent, effective today. The move was the largest single increase since 1998, when Russian rates soared past 100 percent and the government defaulted on debt.

The news prompted an immediate gain in the ruble, with one-month ruble forwards up 1.6 percent in Asian trading.

Yet the announcement, as well as its timing, underscored the financial straits in which Russia now finds itself. If sustained, the new higher rates would squeeze an economy that is already being hurt by sanctions led by the U.S. and European Union, and by a collapse in oil prices. Some analysts said they doubted the economy could withstand such high rates for long.

The rest here:

http://www.bloomberg.com/news/2014-...nterest-rate-to-17-to-stem-ruble-decline.html

Check out their HIV and imprisonment rates as well. *shivers*

 

[unregistered]

 

[Que]

I just get a kick out of you and your kind attempting to rationalize your "Prices up - all Obama's fault, Prices down - no thanks to Obama" babble. It never gets old!

So that's "No, I have nothing."

I explained my point of view.

Explain yours:

"Prices up - not at all Obama's fault, prices down, all thanks to Obama."

 

[RobDownSouth]

So that's "No, I have nothing."I explained my point of view.Explain yours:"Prices up - not at all Obama's fault, prices down, all thanks to Obama."

I summarized your silly rationalizations succinctly, and stand by my summation.

 

[Que]

I summarized your silly rationalizations succinctly, and stand by my summation.

Not only did you not summarize, you also did not explain the antithesis which is your position.

If, in fact, Obama had zero impact on gas prices with his policies that hampered production, how does he get any credit for production increases that happened despite his policies not because of them?

 

[RobDownSouth]

Not only did you not summarize, you also did not explain the antithesis which is your position.If, in fact, Obama had zero impact on gas prices with his policies that hampered production, how does he get any credit for production increases that happened despite his policies not because of them?

I summarized succinctly.
You don't get to redefine words.

 

[Disgustipated]

I summarized succinctly.
You don't get to redefine words.

When you're a teaker, you can do anything!

Especially when you're up for a week.

 

[Que]

I summarized succinctly.
You don't get to redefine words.

"redefined words" Rob's canned response #15 whether it applies or not.

No one asked you to summarize my already uncharacteristically succinct statement,

I asked you to refute it, which you cannot, because it is common sense. I also asked you to explain your two conflicting positions, and of course that is not possible.

Rob's Positions:

1) Stated policies of the administration that have the effect of making oil exploration and production more difficult has no effect on prices.

2) Having not changed any of those policies and production increasing despite of, not because of, has somehow increased production and that increased production has lowered prices, for which he deserves credit.

Your glib, unsupported statements are not the same thing as debate. If you choose not to debate, that's fine, go back to the GB, or simply watch as the grown-ups do so.

 

[Que]

I just get a kick out of you and your kind attempting to rationalize your "Prices up - all Obama's fault, Prices down - no thanks to Obama" babble. It never gets old!

I summarized your silly rationalizations succinctly, and stand by my summation.

Stating that "your kind attempt to rationalize" while leaving out any of the clear, concise explanation of my position is not "summarizing"

Saying there IS a rationalization, is not "summarizing" a "rationalization.

Or did you mean that the single word, "babble," was your "succinct summary?"

 

[Que]

Allow me to succinctly summarize your position:

"You are wrong!"

That statement includes the entire substance of your argument. Which as JBJ correctly points out is not an argument, but merely a quarrel.

 

[phrodeau]

if it is connected to the EPA, or other government action. If it were up to the EPA, or the Obama administration, the oil boom in North Dakota on private property would not have occurred.

Utter bullshit. The USGS discovered the oil there in the first place, not private companies.

 

[phrodeau]

This is sure to raise oil prices again.

And no, it isn't EPA action, but the state's regulations that were violated.

http://bismarcktribune.com/bakken/n...cle_ba423436-862c-11e4-84ef-431219ee38fa.html

North Dakota fines company $687,000 for disposal violations
• JAMES MacPHERSON, Associated Press

BISMARCK, N.D. — North Dakota regulators assessed a $687,000 fine Wednesday against a Utah company for violating saltwater waste disposal rules.

The North Dakota Industrial Commission, a three-member panel that includes Republican Gov. Jack Dalrymple, approved the sanction against Springville, Utah-based Redemption Energy LLC. The matter now goes to North Dakota District Court for collection.

Court documents said the company constructed a saltwater disposal well before getting permission for it and also improperly stored oilfield waste.