William Daley on Meet The Press: Administration Considering Tapping Oil Reserves

Discussion in 'Politics' started by Stephanie, Mar 6, 2011.

  1. Stephanie
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    Stephanie Diamond Member Supporting Member

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    good grief.

    SNIP:
    from..
    http://www.hapblog.com/
    Why not tap the oil reserves in the Gulf? In ANWR? How about the outer continental shelf? Here David Gregory asks Daley about the higher prices at the pump and the man has no answers. But I'm not surprised, this is the same bunch banning drilling in the Gulf and issuing drilling moratoriums. IMO, the only thing that can maybe fix this problem is the election in 2012

    reuters
    White House Chief of Staff Bill Daley said on Sunday the Obama administration is considering tapping into the U.S. strategic oil reserve as one way to help ease soaring oil prices.

    Speaking on NBC television's "Meet the Press," Daley said: "We are looking at the options. The issue of the reserves is one we are considering. ... All matters have to be on the table."


    Here was Obama's answer to the high gas prices in 2008

     
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  2. kyzr
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    kyzr Gold Member

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    As long as the feds can sell oil from the reserve when prices are high, and replace it when prices are lower, it's a no-brainer. There are no losers but the speculators.
     
  3. Jroc
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    Jroc יעקב כהן Supporting Member

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    Whats that going to solve? Our whole country is a loser with these wacko fake environmentalists running the country. I kind of thought Obama would wait till before the next election to tap in the reserves though. He still might
     
  4. B. Kidd
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    B. Kidd Gold Member

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    Odds are slim to none (and you know where Slim went) that the Obama admin. would tap oil reserves or suspend temporarily the Fed. gas tax to ease prices. It just does not fit into Obama's vision of America; a vision where gas prices become so high that only farmers live in rural areas and people are forced to move to urban areas and buy coal powered cars for short commutes and rely on high speed rail to travel longer distances; a vision closely resembling our European counterparts.
     
  5. BrianH
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    BrianH Senior Member

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    Let's just hope they decide to replace it when prices are lower....
     
  6. Claudette
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    Claudette Gold Member

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    I tend to agree.

    OL'BO wants his green agenda. Thats his vision of America.

    Unfortunately for we Americans his Green agenda is more costly than what we have now.

    Ethanol which all the green huggers were hugging just a few years ago has been found to be worse for the environment than gas is.

    I live down here in Florida and believe me if Solar panels were that great everyone in the State would have them. We certainly have the sunshine.

    Pickens spent 2 billion of his own money on Wind. He found out its not viable.

    From what I've read going green costs jobs as well.

    High speed rail?? Don't know how that would work in America. Would anyone use it?? Who pays for it if it goes broke every year like AMTRAK?? Oh yeah. We the taxpayer.

    This is BO's vision for America.
     
  7. Stephanie
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    Stephanie Diamond Member Supporting Member

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    people better wake up





     
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  8. blastoff
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    blastoff Undocumented Reg. User

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    You're confusing oil reserves (thread title) with oil resources, a la the ANWR, in the gulf, continental shelf, etc., stuff yet to be drilled. Oil reserves refers to oil that's already been extracted, shipped here, and stored, several hundred millions or billions of gallons of the stuff stashed away in old salt mines and whatnot. It's sort of a rainy day, emergency, supply. That's the oil Daley and Gregory were discussing.

    We had the same discussions during the Bush administration and I think - memory's a bit foggy - we did in fact tap our reserves to some extent and then later replenished it as oil prices eased.
     
  9. Lonestar_logic
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    Lonestar_logic Republic of Texas

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    I'd argue the discussion should be about oil supply, be it the reserves we possess or what's yet to be extracted. Fact is in 2008 when oil prices were sky rocketing Bush lifted an executive order that banned offshore drilling and the price dropped $10.00 per barrel the very next day and $21.00 over the next two weeks. Obama should lift all drilling moratoriums immediately.
     
  10. American Horse
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    American Horse AKA "Mustang"

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    History shows that in the three events oil was released because of higher crude oil prices, that oil prices actually went higher - not talking here about the emergency releases like Katrina or the Gulf War.
     

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