And THERE You Have It... Why You're Paying $4+ For A Gallon Of Gas...

Discussion in 'Current Events' started by 007, Jun 18, 2008.

  1. 007
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    007 Charter Member Supporting Member

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    Bush to Congress: Embrace Energy Exploration Now




    2008-06-18 11:27:40
    By H. JOSEF HEBERT Associated Press Writer


    WASHINGTON (AP) — With gasoline topping $4 a gallon, President Bush urged Congress on Wednesday to lift its long-standing ban on offshore oil and gas drilling, saying the United States needs to increase its energy production. Democrats quickly rejected the idea.

    "There is no excuse for delay," the president said in a statement in the Rose Garden. With the presidential election just months away, Bush made a pointed attack on Democrats, accusing them of obstructing his energy proposals and blaming them for high gasoline costs. His proposal echoed a call by Republican presidential candidate John McCain to open the Continental Shelf for exploration

    "Families across the country are looking to Washington for a response," Bush said.

    Congressional Democrats were quick to reject the push for lifting the drilling moratorium, saying oil companies already have 68 million acres offshore waters under lease that are not being developed.

    House Speaker Nancy Pelosi called Bush's proposals "another page from (an)... energy policy that was literally written by the oil industry — give away more public resources."

    Sen. Barack Obama, the Democrats' presumptive presidential nominee, rejected lifting the drilling moratorium that has been supported by a succession of presidents for nearly two decades.

    Article continues here...
     
    Last edited: Jun 18, 2008
  2. Shogun
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    oh bullshit. don't blame the dems for the gas prices we see now.. blame your saudi fanboy presidential choice for selling out his nation for the sake of daddies business partners. Drilling isn't going to force the price down any more than we see any other commodity price fall once it achieves an inflated prices. You free market myth believers and bush club zombies really should pull your heads out of your asses.


    Ever hear an old person exclaim that the price of ANYTHING reminds them of the price they paid back in the day? Milk? Eggs? Any expense you can think of that reflects the price paid 40 years ago? THIS is the product of your hummer loving SUV culture and free market willingness to sell out your own country over some bullshit uber capitalist outsourcing for cheap labor fantasy. I realize you are about to get TROUNCED in the upcoming election but at least try to keep your bullshit in the realm of feasibility.
     
  3. 007
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    Drilling "would" have kept the price down had we BEEN drilling all along... but NO, we COULDN'T! Because the democraps said NO to new exploration. You can himhaw all you want about this and that happening today, but the fact of the matter is, the DEMS are the ones RESPONSIBLE for us being in the predicament we're in today. We have LOTS of oil, we just have to GO GET IT, and it has been, IS, and probably always WILL BE the DEMOCRATS that stand in the way of it. I hope the public learns this and learns this good, and starts voting the stinking liberals beholding to the envirowhackos OUT OF OFFICE!
     
  4. Shogun
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    the dems arent responsible for CHINA and other global markets taking away our monopoly on oil use. Talking shit won't make your fantasy politics any more true than they already are not. Again, blame your last 2 presidential choices for selling out his nation for the sake of his daddies business partners. Running back to the same ole "they wont let us destroy the environment" schtick is pretty lazy this side of 8 years of damn near total republican domination of American politics, eh?
     
  5. 007
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    China, shima... who gives a fuck about china? If we used 80% of our own oil instead of importing 80% of the oil we use, we wouldn't be paying $4+ a gallon for gas, and the reason we're paying that much is because we haven't done SHIT for the last two decades to GET any more or own oil, even though we have PLENTY! And yes, it's the DEMOCRATS fault. The DEMOCRATS have OBSTRUCTED any new exploration at every turn. You can twist, spin, distort and deflect until the cows come home, but the fact of the matter is it's the democrats fault we don't NOW have our own oil to use.

    Sorry the facts piss you off, but you dems are at fault... period.
     
    Last edited: Jun 18, 2008
  6. Shogun
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    indeed. You should probably tell another liberal that they have only the most rudimentary grasp on economics after saying something as stupid as "china smima". What you are calling facts don't piss me off, dude. I realize that your tantrum is the product of your current political impotence and that you are grasping at thin air for the miniscule chance that something will stick. I'm sure that America believes your bullshit after 8 years of baby bush kissing daddy bush's business partners asses. Not to mention, disregarding the impact of another major global nation competing with our consumption is laughable on so many levels.


    hey, dude.. don't crai. This is exactly the kind of shit that your free market cult predicted anyway, right?
     
  7. nomdeplume
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    The best part is Barrack Manchurian Obama has said he is against it because even if we exploited our own reserves we would not see any market change for a long time. Of course, he is a moron on economics and doesn't understand futures, which will indeed directly drop the price or at least slow its climb.

    Even more funny is his earlier excoriations of Mccain and Clinton for short term politicing. Now I guess MCCain is thinking "too long term". Only wise Barrack "Goldilocks" Obama knows the path that is "just right"
     
  8. ReillyT
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    We don't really know what the effect on the markets would be, and this has to be weighed against environmental concerns. If offshore drilling were to only marginally slow the rate of increase in the cost of oil, it is a normative question whether this balances the environmental risks and the risks that it will reduce incentives towards conservation and alternative fuels development. I don't know the answer, but I am not sure that anyone does.

    Long-term and short-term are obviously relative. Perhaps when talking about energy and environmental policy, a decade is the short-term.
     
  9. Care4all
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    Our problem is Futures being bought by speculators with just 5% down, and the lack of visibility of those that hold the future hedge funds....

    The OIL market is being manipulated, because of such loopholes and congress CAN correct this today....

    even with estimating the future use, both demand and supply, i heard testimony in a capital hill hearing that said that $50-$60 bucks in the price per barrel WAS NOT JUSTIFIED with future supply and demand estimates....

    who the heck REALLY knows what is going on here?

    jd
     
  10. 007
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    Nice dance son... but you're sarcasm and spin doesn't do shit to hide the facts.

    You're Bush hatred syndrom is in full bloom skip... get a grip. The facts are the facts. The dems have obstructed oil exploration for over three decades. People can thank them for the price of gas today. Blaming Bush is just moronic, and ignorant to the facts of the matter.

    Go back and reread the OP, and then don't act like you haven't again.
     
    Last edited: Jun 18, 2008

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