So typical of Speaker Pelosi and all Democrats for that matter, to call for any solution but the one that will solve the problem, drilling for domestic oil.
It would be a huge mistake at this critical time in the Middle East to use our strategic oil reserves. Between the escalation in the saber rattling from both Israel and Iran and the volatility in the oil market from the consequences of any conflict between these two nations, depleting our strategic reserves could prove fatal.
When you factor in the risk we face because we daily import significant amounts of our requirements for oil from this region, we are both over a barrel and sitting ducks.
The fact that congress ignores the reality that oil imports could be shut off in an instant and at any time is frightening enough. When you add to that, the fact that we could be totally independent from any requirement from the Middle East by tapping our own abundant reserves, but are prevented from doing so by that same congress, tempers should be at a peak.
When our government plays politics with our personal lives, our livelihoods and our national security, purely for personal political advantage, it is time for them to go.
In the words of George W Bush when speaking at ground zero just after 9/11; just as the terrorists would hear from all of us soon, so too will congress hear from all of us and the sooner the better. Speaker Pelosi would be a perfect place to start. |
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Hasn't that been the Republican mantra as of late? So, why take the SPR option off the table. Newt Gingrich believes this option would have the dual effect of not only increasing supply in the market, but of also undercutting the oil speculators' upward pressure on the price, thus causing a quick drop in the market price that might discourage some future speculation.
I agree, it is pretty hypocritical of Pelosi to want to release some SPR oil but not drill, but that is what we expect from the other side of the aisle. |
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Just announcing that we will start drilling offshore or in ANWR will pop the speculation bubble. Experts predict a drop of $30-40 per barrel within a week of such an announcement.
Another benefit you have not considered is that American companies are the cleanest drilling companies in the world. With sky-rocketing prices, third-world nations are trying to drill as much as they can with far less consideration for the environment.
If we increase our supply of "environmentally sensitive" extracted oil we will lower the price and remove the incentive for environmentally insensitive producers to drill.
I'm all for renewable/alternative energy solutions. but these are not ready for prime-time yet. Let's do the American people a favor by increasing the oil supply.
There will still be plenty of money flowing into research on next generation technologies. When those alternatives are ready we will be ready to use them.
If you are lucky, new technologies may begin replacing oil within 10-15 years. Then we can scale back oil production.
But to bring short-mid range relief to oil consumers world-wide let's drill here, drill now, pay less. |
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Our oil dollars at work. Keep our dollars home!
http://www.ansamed.info/en/news/ME03.@AM10052.html |
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Yes it will take a few years, but it is better to start than to sit on your hands and do nothing. Alernative energy right now is pie in the sky, and isn't paying its way. Down the road, maybe. Solar only gives 15% efficiency, wind even less and the lefties are starting to dislike it! so for now we are left with 1) Oil, 2) Coal, 3) Natural Gas, 4) Nuclear 5) Shanks Mares... That's it baby cakes. |
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"Just announcing that we will start drilling offshore or in ANWR will pop the speculation bubble. Experts predict a drop of $30-40 per barrel within a week of such an announcement."
Mr. B., how about providing some links to your "experts" please.
Does anyone think that "Mr. B." is really Marcus "I pick out Michele's dresses" Bachmann?
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Mr. B is correct. Anyone who has been paying even scant attention to this issue recently is familiar with these figures.
Try an econ class next semester..... |
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Any chance a Republican of any note (Pres., McCain,McConnell) could say in a public forum "Thank goodness the Democratic leadership finally understands that supply is connected to price. Now maybe they will take the next logical step and see that just as more supply today will mean lower prices at the pump, more supply in 5-10 years will mean lower oil FUTURES, i.e. lower the speculative price."
probably not.
The economic rules don't change, but the left can't hide being foolish when the economy is slow. |
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It seems that since Bush is always the Problem - they will all be solved when Bush is out of office. Of course, we never had problems until Bush was elected...I mean selected by that dastardly supreme court. |
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paddy o'whackjob says "Anyone who has been paying even scant attention to this issue recently is familiar with these figures."
So I presume you can provide those links to these figures like I asked for? Crickets...
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The dynamic DNC duo of Kimberly and her faithful sidekick Monkeywrench once again spewing partisan trash talk of no value.
I hope noobies realise that neither of these people can be taken seriously.
They kind of remind me of the old Monty Python argument clinic routine with the DNC paying the bill.
http://www.youtube.com/watch?v=k3HaRFBSq9k
If you like to argue with them have at it. It won't lead anywhere, trust me.
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Hey Santorum, er, Pennsylvania Voter, why don't you address our facts instead of just spewing personal attacks? And please back up your own facts with sources. It's not enough to just repeat your talking points in the echo chamber over and over again, even though Michele thinks that's good enough. |
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At least Rep. Bachmann is consistent in attacking the Democrats.
As she said in the June 11, 2008 Forest Lake Times titled "Democrats to Blame for High Price of Gas"
"Congress has to let go of the do-nothing, partisan-bickering, business-as-usual mentality – and deliver real change to the American people."
Maybe someday she will realize that she is as guilty as anyone with the partisan bickering.
When you play the blame game it is hard to get anything done.
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Bravo, you deserve a standing ovation, it's time to vote all these goofs off the government. These old cronies club must move over. Somehow they forgot that we...have the power to fire them. Pelosi, Reed, Murtha and Kusinich the fiend, must leave, there should be a new progressive mentality taking over the reins of government...well all but NO-Bama...
People who really understand the economic realities of our times, who are out there raising a family and making ends meet. Had they been in charge of 9-11 we would still be debating oh oh...what do we do?
bunch of incompetent nincopoops! |
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Think of this, you own a grocery store and it is the only store in lets say a 50 mile radius. You have high prices because the city will not zone for another grocery store. So therefore, you have no serious competition.
However one day the city changes their position and allows for a CostCo or a Cub to come into your region. Will you keep your prices high, even thought it may take a year maybe two to get the the Cub or CostCo up and running, or will you lower your prices to try to build a customer base?
The same thing goes with oil prices. Granted we may not see the oil immediately, but the impact of our government finally allowing for the oil will drastically affect the market.
I am not even a busines person but I can clearly see the logic here. Get off your political high horse. You complain about Bush...dont forget that Bush has a 29% approval rating, congress, run by your Demoncrats have a 9% approval rating.
Something to think about huh? |
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YOUR OWN RESEARCH OR HOMEWORK???
Can you "google?" Or are you afraid that you'll actually find out something OTHER than what you drink at kos or huffpuff, or one of those insane liberals sites.
Nothing worse than someone who is too lazy to do his/her own homework!
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This is the ONLY way to get Congress' attention. Sign the petition and CALL AND FAX AND WRITE YOUR CONGRESSMAN! Keep doing it until votes are brought to the floor on the bills that Republicans have been putting forward. Pelosi is running scared, and refuses to put votes to the floor. It's beginning to work.
And if it doesn't work before the election -- VOTE THOSE DEM RASCALS OUT!!! 9 PERCENT APPROVAL RATING has to mean that the American people really are upset with Congress -- then vote them out!! DRILL HERE, DRILL NOW, PAY LESS!!
Come on, Republican Congressmen, Senators, GET A PAIR AND FIGHT! SIXTY-SEVEN PERCENT OF AMERICANS WANT MORE DRILLING HERE AT HOME! IT'S THE WINNING ISSUE! FIGHT FOR IT, AND WE WILL BE BEHIND YOU!
Mom in Wisconsin |
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What is the stragest thing about this election cycle is that the GOP appears as if it may be keeping the powder dry. This is an oil thing Barrack we do understand why gas is $5, and yes you are dancing in the streets about it. As for the future former speaker Grandma Plasticosi this sham is about to crap out. The real crux here is whether or not we should just keep our mouthes shut and let their convention tear their party apart or try to influence the debate. I say, mum is the word here. We still have more than 3 month to watch this play out. If we don't let the the dum-masses figure this out themselves the sheeple in our party may cross the isle-
continued @bootheelbuzz.th |
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oil was taken from the reserve the oil ended up being sold out of county and at market price. It didn't make any difference on our market or in our wallets. It was a sham. Pelosi is using this as an emotional ploy to make her rear end look good (what a sight). The entire congress is responsible for this mess. Leave the reserve as is. Vote the SOBs out, dems and pubbies. They need to find new employment! |
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were saying that we needed higher TAXES on oil so people would conserve.
Remember that??? (Google it, Monkeybutt!)
Of course, ol' Maxine Waters let THAT demo-cretin real agenda out of the bag during the Congressional Hearings with the oil execs. a few weeks ago. What they were hoping for was to create an excuse for the government to take over (that is to say, NATIONALIZE) the oil companies.
Maxine sure ratted out the demo-cretins, didn't she? Ha Ha Ha Fool!
But now, since the price of oil per barrel beat the demo-cretins to the punch, they've realized that their little agenda had "unintended consequences" and now Pelosi and her henchmen want the President to bail out their butts.
Using the Strategic Petroleum Reserve is, no doubt, one of, if not THE dumbest ideas that even the demo-cretins have ever come up with.
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keep it up with the idiot excuses and even dimmer solutions like suing OPEC, Taxing Producers and/or Users, releasing Strategic Reserves...at least 75% of Americans understand basic Econ Suply/Demand functions but not the Dimwit Democrats!
VOTE THEM OUT they are going to destroy your way of life! |
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First off. Kimberly. Good to here you're out there keeping us laughing. Your BHS is showing.
Anyway, two things:
1. Drilling will take 5 to 10 years to come to market and bring the prices down.
2. Speculators are driving up the market by buying oil at todays prices 5 years in advance.
Do the math: If they drill now the speculators won't be pouring money into the market hence cutting the price per barrel and lowering gas prices at the pump. I know, run-on sentence. Anyway, it would have an almost immediate effect.
Retired Aviator and MBA |
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Si conoces algun latino que quiera votar por los democratas, dale una leccion de economía.
I also believe you are right! they think we are only about "spanish" I'm proud to have gotten as far as I have, and I support English as the one language, nevermind the fact that I can also speak the language. |
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We might as well use are strategic oil reserves. After all, if we simply stop fighting in foreign conflicts and supporting Israel the terrorists will leave us alone anyway. Right guys???
Libertarians should agree with that assessment. |
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Dear President Bush,
Can you please bail me out from Speaker Pelosi?
Thank you,
An American Citizen |
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Sorry for the typo and double header! |
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While it's painful at the moment, it could work
so well come November. If the demonfools don't get a clue, and the price continues up, with a 9% rating, I'd bet their majority is rather shortlived. I praying it will be. Is there any
woman on God's Green Earth any stupider than Pelosi? I thought Boxer had the i.q. of a gnat but Pelosi is even lower than that nitwit. Reid
registers even lower. The only thing either one are smarter than the average American is that they know how to sell snakeoil and reap the profits. That's another thing, I think these
dems are reluctant to do anything about our domestic resources because they have their fat
portfolios to consider. |
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By the time November rolls around I predict a 4% approval rating for Congress. Thank you Madam Speaker. |
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Nancy Pelosi did not even know the price of gas when she was interviewed by Larry King in April. (She commented it was 2.50, when it was 3.50) It is common sense that oil will drop if we announce that we will start drilling. She doesn't want to do anything that will be positive for the economy before the election. If oil drops and we are winning in Iraq, the dems have no talking points! BHO might as well be saying "LET THEM PUMP GRAIN!" He is just another elitist that doesn't have a clue. |
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are we certain it will take 5 to 10 years to get at our own oil supply. I would think if we all were on board and worked at it - it could be much sooner than that. In any case - just getting the word out that the USA - yes the USA -is very serious about using our own resources - we intend to stock our own cupboards with our own product - just making that commitment - will send a message that might result in somewhat lower prices. Just sitting here yapping is sending the wrong message - that's for sure.
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The Dems are determined to drive our economy into the ground in order to win the next election. The Reps are too incompetent to pin the tail on the donkey. Tony Snow just died - good man. All the other Rep former and present PR persons could also die and it wouldn't make any difference since they are all incompetent. As Mom above said, why don't they grow some big ones and take it to the Dems? And what's not to understand about having an emergency oil supply? If we are attacked and can not get any foreign oil, we will need that emergency supply and much more. If you want a future Rep party it is time to get off your knees and show us that you are more interested in protecting this nation from soft Marxism, instead of continuing in your, what is now, useless positions as either a Congressman or Senator |
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Do you think with that brain, or do you just shake your head to listen to the rattle? I'm doing some quick math here.
When queen Nancy took the gavel, and said 'elections have consequenses', she was right. And gas was about 198 a gallon here in utah. Now today, I paid 415 a gallon. Hummmm. This is bush's fault? Ha ha ha.
Try math. And try thinking. |
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as if Demo hasn't done enough damage causing high gas price and shutting down oil drilling, now the devil wants The SPR depleted so Obama can sup abd toasting with his moslem comrades the Americans bleeding to death. that wicked pelosi will have find a virgin moslem keep her in oily bath while obama watching. this sounds so outragous but so is the Demo plan for America future. get off your butt and cancel out these incompetence Demo come november election. tangshui |
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McCain has been a key player in blocking drilling efforts through the years and the SPR "solution" was first presented by no other than Newt Gingrich himself a few weeks ago. Everyone is selling out by playing a role in this kabuki play. Vote your interest, not your party.
Go Bob Barr! |
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With the oil companies having the authority to send our nation's resources to the global markets for financial gains, we the people have little ability in getting this price gouging under control. Government control has limited use, but I believe this is one particular area we need to exercise our power. If the American people were to take control of our resources and not treat oil as a consumer product and more as the source of life that it truly is for our country, then we could return to the drivers seat of our own future. To be clear, I do not mean to place the control of our oil into the hands of our representatives, but place directly into the hands of the people. Let the American people decide what to do with their own American property. Since their is no longer any trust toward the elected official, I say lets make all important issues ballot issues. A democracy over a republic. I believe in a republic style government, but when corruption and corporate persuasion gets as large as it is, what other choice do we have.
If we stay with the same system will it be the death of us???? |
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Bush should really use this by saying seeing the democrats agree that oil prices would come down if there is more oil on the market. Therefore I will release some reserves for an immediate short term impact once congress, the house and senate provides me with a bill to authorize drilling without the ability to be blocked by environmentalist regulations.
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Remember the Northridge Earthquake in 1994? Many major roads in the LA area were heavily damaged. It was expected that it would be more than a year before all of the roads were reopened. In reality, it took 60 days. Why the big time difference? 1.) Government agreed to streamline the red-tape. 2.) There were financial incentives for the companies if the reconstruction came in ahead of schedule.
Our free market could easily produce all the energy we need, if the government would get out of the way.
Oh, and did you hear that the government has suspended solar power projects in the southwest for two years while they do an "environmental impact" study?
It's time to take back our country. |
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Here are a few places to go.
http://findarticles.com/p/articles/mi_qn4188/is_20080104/ai _n21191209?tag=rel.res1
The amazing thing about this article is that it's found along with a globalization is terrorism article, weird.
http://www.cnbc.com/id/25517195/
Here's a list of "experts" that say yes or no to the quesiton. There are 7 yes and 5 no, but some of the no's are a little light on the no.
Here's a quote from a no: "Oil prices might come down a bit, and perhaps they would stabilize."
and the second: "but I am saying that ending the U.S. moratorium won’t “quickly” effect oil prices."
and the third no: "It would make a small difference in spot prices today, but at least oil prices would be a lot lower five years from now."
The 4th no, Robert Reich, didn't have any positive remark. Good job, stayed with his beliefs.
The 5th guy doesn't make any sense, he says the market has anticipated what hasn't happened yet... Ok, right: "Second, whatever effect there would be has been anticipated."
Here's the Rasmussen pole of non experts, but what do we know: http://rasmussenreports.com/public_content/politics/genera l_politics/67_support_offshore_drilling_64_expect_it_will_l ower_prices
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The amazing thing about searching for information is that everywhere that I looked was opinion oriented. There wasn't any economic insight. Even the engineering blogs that I checked out were "I don't think that" or "how can it not happen" type comments. Does anyone know how the economy actually works?
I'm not sure why so many think they have to help the economy, as if capitalism left to itself would fail. Come on, does anyone really believe that? Price has a purpose; the purpose of a rising price is to reduce demand and increase supply. With rising gas prices you don't have to help me decide to drive my civic to Albuquerque instead of my Volvo; I decided all by myself based on price.
If we artificially prevent supply from increasing then price will rise at an increased pace than it otherwise would. Why do so few get this? I'm not going to say drilling will reduce price but I think that it's pretty certain that the price will be lower if we add to the supply than if we don't. That's how it works. |
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Afraid the science of economics sometimes appears more of an art than a science. The problem is that there are far too many working parts. While supply and demand equals price is one of the most fundamental aspects of microeconomics, it can still be perverted in the short-term through various methods. While on the macro level, there is a large quantity of factors that could either thwart or save us from governmental interference. In the purest sense, I believe governmental interference should be our last option instead of a preferred one. All too often, 'experts' think they can fix things. That's what Congress believes they are here for. I think it is arguable Congress has fixed anything for taxpayers. Congress has been very effective in fixing themselves up real nicely. |
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If any one would like to check the Bubba released oil from the strategic reserve in 2000. This was when oil first made a move up in price. It was as you would expect, throwing a few hundred thousand dollars at a multimillion dollar problem. It had a very small effect for a very short period of time. We may need the strategic reserve according to an article by Steve Milloy after the 9% approved congress passed the “ Economic Security Act of 2007” and Bush signed it. Section 526 of the bill states in plain languages that it bars the federal government from purchasing fuels whose life-cycle greenhouse gas emissions are greater than those fuels produced from conventional petroleum sources (drilling). Waxman D-CA and Davis R-VA already are already using this to demand the Department of Defense make an accounting of, and not use oil from Canadian oil shale or coal to liquid technology ( coal to liquid performance test in our aircraft has been great). You better not even think about the possible 800 billion barrels of oil shale in this county, the 9% congress does not even need the “Economic Security Act” to handle that problem, last year they put a moratorium on all oil shale development on federal lands in the spending bill. With the Department of Defense being the single largest buyer of light cruse in the world that means using drilled oil and with the our current laws that restricts domestic drilling, that says imported oil. Well that leaves our good friends OPEC and the Russians and every other foreign producer to suck up the dollars and come to our aid for any National Security Crises we may encounter in the future. I am certain that Chavez would open up the spigot for our planes to fly. Why is no one in the media talking about this? |
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The approval rating of congress is at an all-time low, the democrats are in charge of both chambers. Yet the American people will return 95% of these morons to DC at the next election. Primary cause - the failure of the GOP to expose the socialist agenda of the democrats, and the failure of the GOP to provide a stark contrast. I fear it is going to take the election of Obama and even larger majorities of democrats in the house and senate to finally awaken the GOP that it will fade into oblivian unless there is a return to true conservative policies. Why isn't the GOP running national ads exposing the idiocy of Pelosi and her cohorts? Why can't the GOP defend conservatism with the same fervor that the democrats do on their socialist ideas? |
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Little Miss Nancy PP is such a joke. When she feels the heat, she starts looking for a bail out or someone else to blame for her parties stupidity. Wake up California and put this woman out to pasture. She is such an embarrasement for the state of California.
RR |
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I certainly hope people analyze what their vote will represent come November. If we vote for people who refuse to do the nations will, then we will reap the consequences. Citizens in the east who use home heating oil need to plan for the financial crush this winter unless they truly believe in climate change (formerly global warming) and VOTE ACCORDINGLY. Over time, our congress has decided they work for themselves and special interests, not the population as a whole. They have begun to believe they are the lords ruling the serfs. We need new mentality in D.C.
When the notion of global markets were embraced, we became subject to those global markets. We should also collectively pray the Iranians and Israelis do not get into a conflict. We have one foot on a banana peel and the other in an abyss. |
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If I lived in CA, you bet her opponent would receive my vote along with every other democratic runner. Their party has two speeds, slow and stop. We have a consensus on the fact she needs to go the way of Tim Daschle. However, GOP candidates need to quit worrying about the next election and begin to fight. I believe they tried to work with the left when the GOP had the majority and looked what happened. The Democrats have no intention of working across party lines since their leadership will block voting on even bipartisan energy bills. An organized million man march should happen every weekend and it shouldn't be very hard to assemble since I believe much of the east uses oil to heat their homes in the winter. Hardship ahead east coast...time to get noisy. BHO isn't the answer unless we want it worse. Perhaps true relief will take time, but not doing anything will just let it get worse. |
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...and drill.
start making the tee shirts. |
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She's a stone-cold Idiot!
Shut up and drill! Marlson...make the Tee-Shirts! |
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Anyone who wants to do their part and rid the country of THEE worst speaker in U.S. history. Look up and send a donation to Dana Walsh for Congress. Against Pelosi. I sent my fifty, how 'bout you? Send what you can. |
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are the three chances that Dana has against Pelosi. Unfortunately, you are talking a relatively liberal person running against a flaming liberal in THE most liberal place in the US.
It would be better if we could instead elect conservative Republicans across the nation. What I have seen nominated, however, are all the McCain sort; they are only conservative the day before the election. And the Republican voters know it, so they won't vote for them. The result is >95 percent of Democrats returned, and probably 75% Republicans. And that is for two reasons; one, the Republican party learned nothing in 2006, and two, conservatives are so fed up that they have given up trying.
It will take someone else to come along, with great personal effort, to beat these people. Unfortunately, it will require 8 years in the wilderness like Reagan, and we haven't even seen such a candidate yet. John Kasich and Bobby Jindal in 2012!!! |
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It is really sad when the family has to make a decision to turn off the life support system for a "brain dead" person. I wonder when your parents will be compassionate and do it for you? |
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You better wake up and smell the coffee.
That is while we still have a small surplus of electricity to brew a pot of coffee!! Don't you realize that not only cars run on oil, but darn near every thing we have and enjoy around us has some dirivitive of an oil by product in it.
Jeez - Louise I learned these things in my 7th and 8th years of jr. high school. Oh that's right I forget - schools really don't teach anything more than "to the test" these days - they are toooo busy doing the work of the local unions to pay attention to the real job at hand. |
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