Well I voted for Ron Paul. That has something to do with this thread right?

Amen brother, amen!!!!

Well here's your argument.

By proposing to increase the worldwide production of oil by 5%  over the next 5-10 years( that's what Newt would do, add about 5 million barrels/day to the US production) you can not have any idea that it will have any significant impact on the global oil price, especially not divide it by two, when you don't know what will happen to the other 90% of the production. Especially with the current events in the middle east and China that keeps growing at its current rate...( heck if they want Saudi Arabia can cut their production to match the US increase and nothing changes).

On top of this we are at the end of the recession, as the worldwide economy recovers so will oil consumption and that by itself will tend to push the price of oil higher...

So really giving a price target for domestic gas is foolish and can not be backed up by economics and facts. The only thing Newt can say is that his plan will have a positive effect on gas price, not a lot more....

There is however a way to get the gas price to 2.50$. But I don't think Newt is advocating that. Get us a huge new recession with worldwide impact and high unemployment and  the price of gas will drop sharply again. If things get bad enough we could get back to a 2-2.50 range like in 2008....That is the only way to achieve the goal.

So sorry but yeah when I see Sarah Palling saying she would get gas down to 2$ or Newt saying he would bring it to 2.50$ I have to laugh and call it populism...

well i will already vote for Ron Paul. Sad that he doesn't get the media coverage he deserves and will end up losing because of it.

We deserve better from our political class than back-to-the-future populism masquerading as economic planning.

We have to keep in mind that these are the primaries. By definition, politicians on one side are going to be saying stuff that one third of the population finds stupid, and one third of the population finds downright idiotic. A lot of these pie-in-the-sky promises are going to disappear come summer from whoever the nominee is.