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Nancy Pelosi Issues Statement On Soaring Gas Prices

Tyler Durden's picture




 

Warning: Not for the faint of heart.

Washington, D.C. – Democratic Leader Nancy Pelosi released the following statement today on the rising gas prices across the country:

 

“Independent reports confirm that speculators are driving up the cost of oil, hurting consumers and potentially damaging the economic recovery. Wall Street profiteering, not oil shortages, is the cause of the price spike.  In fact, U.S. oil production is at its highest level since 2003, and millions of acres have been cleared for additional development.

 

“We need to take strong action to protect consumers from this speculation.  Unfortunately, Republicans have chosen to protect the interests of Wall Street speculators and oil companies instead of the interests of working Americans by obstructing the agencies with the responsibility of enforcing consumer protection laws.  They have also repeatedly opposed our efforts to end billions of dollars in outdated taxpayer subsidies for oil companies enjoying record profits.

 

“We support efforts by the Obama Administration to expand domestic energy resources, including natural gas and renewable sources like wind and solar that create jobs in America and will end our dangerous dependence on foreign energy supplies.  This can be achieved because today, the United States currently has more oil and gas rigs at work than the rest of the world combined, and imports of foreign oil have decreased.

 

“We call on the Republican leadership to act on behalf of American consumers and join our efforts to crack down on speculators who care more about their profits than the price at the pump even if these spikes harm the American consumer and our economy.”

Speculators? Such as the Federal Reserve and other central banks who have pumped $2 trillion of "liquidity" into the capital markets in the past 3 months just so Italian BTPs don't implode to fair value and so Europeans can continue living in a socialist "paradise" even as the bankers steal their gold?

Or is it the same congressional speculators who until recently had every right to front run the public on advance knowledge that the SPR would be tapped due to Democrat insistence to sacrifice America's last energy backstop only to win the election?

Or is Nancy simply pissed off that she can no longer trade ahead of any market moving news?

Whatever the reason for the gas surge, with these idiots in charge one thing is certain - the situation is about to get far, far worse.

Solyndra4eva!

 

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Thu, 02/23/2012 - 01:19 | 2187928 ekm
ekm's picture

This is the paradox I've tried to understand.

Everybody complains, but people still keep voting the same kind of leaders.

Have we run out of the capability of producing actually....leaders?

Thu, 02/23/2012 - 03:31 | 2188077 putaipan
putaipan's picture

the  other mormon,  sheep dogs!

Thu, 02/23/2012 - 01:13 | 2187920 ekm
ekm's picture

http://www.marketwatch.com/story/price-of-gasoline-could-determine-obamas-fate-2012-02-23?link=MW_home_latest_news

Hm, hm, hm.

White House yesterday. Pelosi today and......MarketWatch's most leftist writer. Click above. This attack on speculators seems well organized for a long time. Obama may have just talked the crude price up on purpose yesterday in order to get the machine going.

Again, read the article.

Thu, 02/23/2012 - 01:26 | 2187936 nathan1234
nathan1234's picture

This stupid Beechh forgets she is bailing them out with taxpayer funds.

Shut your mouth and shut off the funding.

Thu, 02/23/2012 - 01:31 | 2187943 hubbywan
hubbywan's picture

Whenever you see a shill like Pilosi come out and speak, you can rest assured she is doing it to distract the mind of the masses from the truth.
The currency of the rulers of the world is oil. When the value of fiat paper goes down, any excuse that has worked in the past will be used to raise the price of oil to keep it ahead of any inflation or deflationary devaluation.
Say you need higher oil prices because of excessive currency devaluation in the face of deflationary pressures of a loss of demand in industrialized countries. All you have to do is create a bottleneck crisis of supply in an oil rich part of the world (I.e. the Straight of Hormuz), and Voilá! The real rulers of the world get their mammon.
Everything else is just window dressing.

Thu, 02/23/2012 - 01:34 | 2187949 plata pura
plata pura's picture

Verily if the big hat no cattle futures/commodity traders had to have the ability to take delivery, all this varmint putang would end.

Thu, 02/23/2012 - 01:36 | 2187954 Gamma735
Gamma735's picture

These politicians know what is going on in this world.  They just lie about it to keep their jobs and power. 

Thu, 02/23/2012 - 01:40 | 2187955 Outlaw Of The W...
Outlaw Of The Wasteland's picture

time for some jew hunting.

The pogrom is going global.

Just War Theory invoked.

Self defense justification.

 

Thu, 02/23/2012 - 03:07 | 2188061 IQ 101
IQ 101's picture

Not so simple, grasshopper.

 http://gobigfoot.wordpress.com/the-hebrew-language-moves-west/

 The Jews do not even know who the Jews are anymore,

God did not part the Sea for the Jew's (Judah), but for Isreal, 12 tribes.

the 12 tribes Isreal, (wrestles with God= a fair translation of the word Isreal).

10 tribes were lost? went north,from Asia,through the Caucus mountains,

read the book, Caucasians, .... think about it.

God made a promise to Cain on his departure from Eden, he and his are protected. period. (Giving them the opportunity to choose THE true path) and not be smited from the Earth, he rejoices in mercy.

If you raise a hand against the people you call the Jews, you will get DEAD. You,your family, house, dog, cat and your big screen t.v.

Ashes, desire other things, yours is not the path.

Truth and knowledge are the path, They will come to truth, eventually.

Google, Mark of Cain, Stone of Scone, Decleration of Arbroath.

 http://www.constitution.org/scot/arbroath.htm

That is the little highly respected document from 1300 and something where the Scotish appealed to the Pope on the grounds that they were Isrealites, desendants from Scotta, the daughter of a Pharoe, and the Pope agreed because it was documentable fact.

For fuck's sake! have a read. Hibernia, Iberia, Eira, do not eat pork, what the fuck? 

Thu, 02/23/2012 - 03:35 | 2188081 putaipan
putaipan's picture

ah ..leave the palistinans alone.  off all the kennanites!

Thu, 02/23/2012 - 01:49 | 2187959 El Oregonian
El Oregonian's picture

Isn't  Nasty Pelousy the same one who exclaimed...." you have to pass the bill to see what is in it!" and " for every dollar spent on food stamps you get a

$ 1.72 back".

SO MUCH FOR CREDIBILITY!  She should just go get another facelift wth the profits she made in Congress on inside information. Witch.   Oh, Yeah. and her favorite word is The Word. Word!

Thu, 02/23/2012 - 01:53 | 2187977 El Gordo
El Gordo's picture

I often wonder if she actually believes what she says or if she even knows or understands what she says.  Just a white version of Shelia Jackson Lee.

Thu, 02/23/2012 - 02:00 | 2187980 IQ 101
IQ 101's picture

A man comes home from the bar,

WIFE; Your home,have you been drinking?

MAN; Yes honey, a little and I want to try out a new sex position.

WIFE; well,o.k. what is it?

MAN; It's called the Wheelbarrow, you get on your knees and stretch out your legs, I slip it in, pick up your legs like wheelbarrow handles and we walk around a little bit ?

WIFE; O.K! But don't go by my mothers house.

What a sickening gang of frauds we have for a government.

Nancy Fucking Pelosi! What a sad ass clown car "Civilization" we live in,

absolutely pathetic, Bush, Cliton, Barry, whata list of children this would make, back to 1913 and before, rivers of blood. What the Fuck?

 

Thu, 02/23/2012 - 02:06 | 2187995 aerial view
aerial view's picture

Yes Nancy, you play the oldest game there is from the "Handbook for Corrupt Politicians": BLAME everyone but yourself, your party or your President; NEVER tell the truth or admit your mistakes and continually MISLEAD the people you are suppose to represent. Just makes me damn proud to be an American! 

Thu, 02/23/2012 - 02:08 | 2187997 Fred123
Fred123's picture

Stupid b$tch. Ok, so I'm now on the DHS watch list....but then so are tens of millions of other Americans.

Thu, 02/23/2012 - 02:23 | 2188014 vainamoinen
vainamoinen's picture

Pelosi was born brain dead -

V.

Thu, 02/23/2012 - 02:57 | 2188051 nathan1234
nathan1234's picture

Problem is that her electorate is even more brain dead

 

Thu, 02/23/2012 - 02:47 | 2188025 Problem Is
Problem Is's picture

The only thing tight on that bitch...

is her facelift...

Thu, 02/23/2012 - 03:38 | 2188084 putaipan
putaipan's picture

turn her over and give her a couple of deep puffs, she'll look as good as

new.

Thu, 02/23/2012 - 03:02 | 2188059 Fozzy Slippers
Fozzy Slippers's picture

How did we get to this point that we have to put up with this lying fuck sack of shits? How much more insanity can we endure?

Thu, 02/23/2012 - 03:26 | 2188073 ebworthen
ebworthen's picture

Nancy Pelosi - poster child of the completely broken U.S. political system.  If her and Orrin Hatch had children they would come out of the womb as pre-weened parasitic CONgressional zombies - already talking out of both sides of their mouths with each hand open for a bribe or a kickback as reflexive actions.

Thu, 02/23/2012 - 03:43 | 2188089 ManicMechanic
ManicMechanic's picture

"Our dangerous dependence on foreign energy supplies".

Dangerous indeed and since 1953.  Especially if you happen to be one of those foreign suppliers of energy.

Thu, 02/23/2012 - 04:06 | 2188092 Element
Element's picture

South Park could not make a better cartoon of this woman. She's a living caricature of horrendous-stupid, and is only there because there is a large constituency of brain-dead people who are even more vapid and shallow than her.  Clear-cut evidence Creutzfeldt-Jakob Bovine Spongiform Encephalitis has become a mainstream undiagnosed disease within a large cohort of the US population, creating a tedious female version of Ronald MacDonald as speaker of the louse.

Thu, 02/23/2012 - 04:04 | 2188129 dogismyth
dogismyth's picture

wow....seven pages of disparaging and hateful comments for the stinkshit bitch.  All of which she deserves and more.  But I'll pass making any rude comments since this entire country stinks to holy hell.  You can't even turn on the TV without listening to constant bullshit and lies.  Its everywhere...not just TV.  Everything and everybody is blatantly full of shit.  So we can just make Pelosi the spokesperson for the rampant and never ending shit sandwiches we are fed continously throughout the day, everyday of the year.  God please put this bucket of shit country out of its misery and strike dead anyone who says, God Bless America.

Thu, 02/23/2012 - 09:31 | 2188597 Calmyourself
Calmyourself's picture

The country is made of people, our leaders are full of lies and bullshit, I am not, you may not be.  The ideals on which this country was founded are still sacred to me and many others. I do my best daily to uphold them in my life, from raising my children to my business dealings.

Whether you think we sprang from a bucket of shit nothingness or as is the truth a creator made this universe I will continue to ask blessings for what this country was and once through the times ahead has the potential to be as its people at their core are good. 

God Bless America.

Thu, 02/23/2012 - 04:20 | 2188192 AnAnonymous
AnAnonymous's picture

Back to the start.

Made me laugh.

Since US citizens love to take the humanity angle, lets do it.

History has shown one thing: governments are unable to quell speculation. They have recorded (so far) not one success.

Only one thing is known to thwart the negative effects of speculation: abundance.
Abundance does not get rid of speculation, it dilutes it enough so that the effects are less felt.

The only 'cure' known so far.

US citizens did not produce the conditions for abundance. The previous orders did (and quite funnily on various spots on the Earth)

US citizens, humanity history wise, have been the ones to manage the era of abundance.

And what have been the obsession of US citizens? Ending the age of abundance the fastest possible, shortening it as soon as they can.

To achieve that, US citizens have crushed anyone who dare to stand up and criticize the mad ideas brought by US citizens.

And now that abudance is fading away, with the well expected consequence that speculation is less and less diluted by abundance, back again with the promise that governments are going to quash speculators?

Come on, US citizens, is it the best you have in yourself after consuming so much of the Earth? Why not detach from the rest of the world and start to prove your claims like you could do quite well with no resources, that you can overcome the environment?

After all, for humanity lovers as you pretend to be, it is the best decision you would ever take.

Or is humanity only good as smoke and mirrors to advance your extorting the weak and farming the poor schemes?

Thu, 02/23/2012 - 04:37 | 2188208 Rastadamus
Rastadamus's picture

Bitch is nuts.

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Thu, 02/23/2012 - 05:24 | 2188368 silverbullion
silverbullion's picture

And to think, despite all the sanity that prevails here at ZH, too many of the sheeple out there are still falling for the lies of Nancy Pelosi and the likes... the single biggest factor why the likes of Nancy is still on stage, opening her foul mouth.

Thu, 02/23/2012 - 05:48 | 2188405 mt paul
mt paul's picture

gold might be 1800. $ 

by dawn ..

Thu, 02/23/2012 - 06:09 | 2188419 Cult of Criminality
Cult of Criminality's picture

She looks Reptilian but we at the Cult have her listed as one of the best liars on the planet.

Thanks Nance for supporting the roque fascist government.

Have you seen Johnny boy  ? he is really rising on the list of the criminal of the year but this year,the competition is extreme.Good luck to all you Cult Criminals.Maybe all of you can take each other out.

No I do not mean to lunch.

Thu, 02/23/2012 - 06:16 | 2188423 Cult of Criminality
Cult of Criminality's picture

 Hope you can forget the witch picture today.

 

Good day to all :>)

Thu, 02/23/2012 - 06:27 | 2188432 ZeeGerman
ZeeGerman's picture

A BJ face never tells a lie..

Thu, 02/23/2012 - 07:08 | 2188453 Sathington Willougby
Sathington Willougby's picture

I served with speculator.  Speculator was a good friend of mine.  And you Sir Nancy are no speculator.  An inflator's cheerleader, maybe, but not fit to wipe a speculator.

Thu, 02/23/2012 - 07:39 | 2188473 OliverTwist
OliverTwist's picture

I do not know this woman ...

But I know a lot of women with the same face ....

They are all without heart and have only money and power on their mind. Unable to accept that they are getting older they are pissed all the time and spending a lot of money on plastic surgery.

An italian gigolo

p.s.: But I'm not complaining, They pay me good money.

Thu, 02/23/2012 - 07:41 | 2188475 overmedicatedun...
overmedicatedundersexed's picture

there are strong winds at the back of oil and PM's..Ben must blow more to save EU..Obuma's next war to save more muslim bro's and make the strait of hormuz blaze..long oil and PM's for what must be.

the nuts who post here about killing and revenge are right out of DHS and FBI..dressed in white shirts with shoulder holsters to be butch. trying to stir up any kind of violence so DHS and Janet the man can come down hard on the people.

Thu, 02/23/2012 - 07:53 | 2188484 The Swedish Chef
The Swedish Chef's picture

I made some pocket change going long Brent a couple a times this winter. It was an easy trade. Am I in the crosshairs now?

Thu, 02/23/2012 - 08:02 | 2188492 silverbullion
silverbullion's picture

Nancy: "Oh, you had to see it, it was quite a spectacle of sorts..."

Thu, 02/23/2012 - 08:13 | 2188502 supafuckinmingster
supafuckinmingster's picture

Her mouth is just nicely puckered up for my cock to just ease in there.........."Ahhhhhh.......there you go Nancy, no talking for now.....just chew gently...""

Thu, 02/23/2012 - 12:23 | 2189291 PrinceDraxx
PrinceDraxx's picture

I wouldn't put my cock in that cunt's mouth for her money.

Thu, 02/23/2012 - 10:27 | 2188743 mirac
mirac's picture

" In fact, U.S. oil production is at its highest level since 2003, and millions of acres have been cleared for additional development."  Really?

Thu, 02/23/2012 - 10:30 | 2188759 rwe2late
rwe2late's picture

 The global Pentagon is the single biggest institutional user of petroleum products (and is the world's single worst polluter). The US invasions, occupations, and embargos keep Iranian and Iraqi oil off the market. The US government protects the Saudi "oil"igoploy and billionaire sheikhs. Whatever speculation exists is driven by the constant US-Israeli threats of launching war in the Mideast. The US government hands trillion$ to the bankster tycoons, and fails to invest in an efficent national energy grid.

But wait! the above has nothing to do with oil and gasoline prices.

Obama would fix everything, if only ....

Thu, 02/23/2012 - 12:21 | 2189284 PrinceDraxx
PrinceDraxx's picture

....it wasn't Bush's fault. Muahahhahahah

Thu, 02/23/2012 - 10:45 | 2188806 Clayton Bigsby
Clayton Bigsby's picture

Nancy Pelosi: Can't Understand Normal Thinking....

Thu, 02/23/2012 - 13:26 | 2189568 Zymurguy
Zymurguy's picture

I love how they spout illogical statements by combining an element not germain to the discussion... in this case natural gas.

You can't include natural gas in this topic of GASOLINE prices at the pump.

News flash for you Nancy, the GAS our cars run on is GASOLINE... not natural GAS.

What a fuskering sociopathic communist.

If dependence on foreign oil is a threat to our nation - as they so often state - then any politician that hinders the development of our own petroleum exploration, extration and processing here domestically should be declared an enemy combatant and summarily imprisoned and/or shot.

Same goes for any sitting or retired politician.  If our debt is such a threat to our nation, then any of them that have contributed to an unbalanced budget should all be rounded up and placed in a POW camp.  Proposing such future legislation should be deemed treasonous to the state.

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