Should the President ask the oil companies to produce more gasoline to bring the prices down?

to stimulate the economy?





right now oil prices are low but gasoline prices are going up because the oil companies are not producing as much as they used to





http://www.tricities.com/tri/news/local/鈥?/a>Should the President ask the oil companies to produce more gasoline to bring the prices down?
what you have to do is give incentive for more production. The president cannot tell the oil companies to do anything as they are private institutions. What should be done is expansion on domestic drilling both terrestrial and off shore. Give tax incentives to the oil companies to increase the level of production, as well as tax breaks for expanding drilling operations. I would also try to get some economic trade deals in place with a couple opec countries to try and manipulate supply, all it takes is a couple of nations to help drive competition in what has traditionally been a cartel. The reason the companies aren't producing much right now is that the crude oil price has fallen due to current economic changes, and they are trying to keep the prices up to insure profitability, as long as we can get a couple large producers induced to produce more they will not be able to control price. Meanwhile I would be looking into the alternative energy sources while prices are good, don't wait for a panic. If we look ahead instead of being reactionary there wont be any problems. Keep buying hybrideShould the President ask the oil companies to produce more gasoline to bring the prices down?
He could,





But then his greedy Oil buddies, wouldn't make as much profit.





Plus this is the time of year Oil Companies shut down refineries to do the yearly maintenance on them.





If they stopped the maintenance, and restarted the refineries, the chances of having a serious problem with the refineries at a later date that would see them shut down for an extended period of time, would be great.
We DID ask the oil companies to produce more oil when Bush removed the ban from offshore drilling.


Obama and his sneaky followers put the ban back on for environmental reasons. I'd agree if there were valid reasons not to 'drill, baby, drill' but it's save to drill off shore when using today's technology.
You really want to bring prices down? Have the President allow all the oil companies to drill everywhere they have found oil in our own country. Gas would cost you less than a dollar a gallon and the arabs would be broke. SOUNDS GOOD TO ME. Let them eat sand.
With the trillions of dollars being given to wall street, the big three, who knows who else. You would think the least we would get is a new car of our choose, a years worth of free gas, and at least one share in the company of our choose!
He should tell them, not ask. While his staff is writing up new laws prohibiting them and other company's to be free to charge whatever they want to. Who deregulated price control, sent our jobs to other countries, closed our military bases?
i dont know hey where are you from. Kennewick Pasco or Richland


Im from Pasco. i ask that cuz ur link sais tricities and this three cities i just mention are also call tricities so are yo from here. Washington
Whoops remember he has to tread very lightly there or his base within the environmentalist will get PO'd. Aren't campaign promises a B---- when they conflict with whats good for the average citizen.
No I think Obama should tell the econuts to go screw a knothole,and let the oil companies quit with all these stupid regulations.
No, I think the President should stay out of the business of private industry. He has already done enough harm.
Seeing they have nothing to do with it, it would be a waste of time. Peace