Posts categorized "Gas Prices"

August 07, 2008

It's Not Cool Being Green in the UK

Looks like the Brits have jilted AlGore. 

What would Kermit think of this article today in the Times of London?

Suddenly being green is not cool any more

As the credit crunch bites, environmental policies are being ditched. But oddly we are doing better at saving the planet

Julie Burchill can't stand them. According to her new book, Not in my Name: A Compendium of Modern Hypocrisy, she thinks all environmentalists are po-faced, unsexy, public school alumni who drivel on about the end of the world because they don't want the working classes to have any fun, go on foreign holidays or buy cheap clothes.

Michael O'Leary, the chief executive of Ryanair, agrees. In an interview with Rachel Sylvester and me, he told us that the “nutbag ecologists” are the overindulged rich who have nothing better to do with their lives than talk about hot air and beans.

So the salad days are over; it's the end of the greens. Where only a year ago the smart new eco-warriors were revered, wormeries and unbleached cashmere jeans are now seen as a middle-class indulgence.

But the problem for the green lobby isn't that it has been overrun by “toffs”: it's the chilly economic climate that has frozen the shoots of environmentalism. Espousing the green life, with its misshapen vegetables and non-disposable nappies, is increasingly being seen as a luxury by everyone.

Only a year ago, according to MORI, 15 per cent of those polled put the environment in their top three concerns. That figure has dropped by a third to 10 per cent this month. Now that people are fighting for their own survival rather than their grandchildren's, they put crime, the economy and rising prices at the top of their list.

According to Andrew Cooper, director of the research company, Populus: “There is a direct correlation between how people perceive the economy and the importance they place on the environment. When times are tough people resent paying more to salve their conscience.” This means that fewer people are now buying organic chickens from smart supermarkets when they can pay £3.99 at Lidl. With all food prices rising, the organic market is being credit-crunched. Demand for it grew by 70 per cent from 2002 to 2007; now it has stalled, according to the consultancy Organic Monitor.

The vast new organic Whole Foods Store on Kensington High Street in London is so quiet you can hear the cheese breathe in the specially designed glass room. Meanwhile the demand for takeaway pizzas and McDonald's has risen as people find the cheapest way to eat.

When David Cameron became leader of the Conservative Party he said that green issues were at the top of his agenda. His slogan for the local elections last year was “Vote Blue, Go Green”. But in the past few months he has realised that voters have lost the appetite for their greens.

He has only given one environmental speech since Christmas. Once he used to talk about putting a £3,000 windmill on top of his house. Now the message is not about conserving the planet but preserving his bank balance. He wears catalogue clothes, grows his own vegetables and holidays barefoot in Britain because it is less extravagant, not because he is trying to reduce his global footprint.

In fact, when the Tory leader's bicycle was stolen a week ago, the message of the story was not how green he was for riding his bike, but how broken our society has become when a politician finds his bike nicked from under his nose.

Boris Johnson was the first to realise that the tolerance for green taxes may have peaked. When he became Mayor of London, he dropped plans to charge a £25 congestion fee on gas-guzzling cars.

The Tories have quietly been reviewing many of their green policies. A range of measures designed to penalise motoring and other polluting activities has been put on hold in case they alienate families struggling to pay their bills. A proposal to tax the highest emitting cars up to £500 more than the greenest vehicles has been quietly shelved, as has the plan to raise taxes on short-haul flights. Instead George Osborne, the Shadow Chancellor, has promised to cut tax on fuel when oil prices rise.

Gordon Brown has also stopped discussing his solar panels and compost heap in Scotland and is trying to dissociate himself from local council rubbish taxes - even though they have been driven by central government plans to put up landfill charges.

Both parties are looking at ways of rewarding people for being green rather than penalising them for throwing out their yoghurt pots with their teabags. Mr Osborne, in a speech last month, admitted: “When people are feeling the pinch, we need to make it pay to go green. Instead of being fined for not recycling, households should be paid for recycling.”

When Barack Obama first decided to run for the presidency, he embraced the green cause. Al Gore's film, An Inconvenient Truth, about global warming had just become the biggest grossing documentary in history and Mr Gore had won the Nobel prize. But recently Mr Obama has been talking more about thrift than trees. Instead of showing off his recycling skills, he explains that his children don't receive Christmas or birthday presents.

It's not just the economic downturn that has harmed the green order. People have become wary of environmental causes that can turn out to do more harm than good. They don't want wind turbines marching across Britain's moors when nuclear power stations can do more to reduce greenhouse gas emissions. They worry that washing and bleaching all those non-disposable nappies may be damaging the ozone layer, that the massive incentives for biofuels have distorted the world food market, and that green taxes are actually stealth taxes.

But paradoxically, just as Britain is turning its back on the environment, the country is finally becoming greener. Fewer people are moving house so they are buying fewer new white goods such as washing machines and fridges. They may not be queueing up for £9 organic Poilâne bread, but for the first time in a decade they are discarding less food. They buy less impulsively and think more carefully before their weekly shop. Children are wearing hand-me-down uniforms rather than new ones made in sweatshops.

Bottled water sales have fallen. Garden centres have reported a 10 per cent rise in the sales of vegetable seeds in the past 12 months. People are saving money by growing their own potatoes and carrots. They are turning off their central heating for a few more months of the year and ditching their second car rather than buying an electric runaround. And instead of carbon-offsetting their holidays, they are simply going on fewer of them.

It's the downturn that has made greenery look unappetising - but it may yet prove to do more than anything to save the planet.

- - - - - - - - - - -

Source:  http://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article4474202.ece

Julia

August 05, 2008

McCain Calls On Congress

Support The Guerilla Congress

From Media Lizzy via Facebook


Get ready to turn the heat up.

1. If you are on Twitter, make sure you
utilize #dontgo

2. Sign the Petition: http://callbackcongress.com/

3. Join the movement at: http://dontgomovement.com

The MSM is sure to cover the
MoveOn.org challenge - and we have to maintain focus, support our House GOP, and
remember: you don't need some insider's permission to call Speaker Pelosi - and
ask her to call Congress Back. Like Congressman Cantor said on my show, what's
Speaker Pelosi afraid of?

Speaker Pelosi's number: 202.225.0100

http://thehill.com/leading-the-news/moveon-plans-to-push-back-hard-against-house-gop-2008-08-04.html

MoveOn plans to ‘push
back hard’ against House GOP
By Klaus Marre
Posted: 08/04/08 10:48 PM
[ET]

Liberal group MoveOn.org is urging its supporters to “push back
hard” against House Republicans who have been seeking to pressure Speaker Nancy
Pelosi (D-Calif.) to allow a vote on offshore drilling.

Although the
House is in recess, several Republicans on Friday and Monday have taken to the
floor of the chamber to discuss the country’s energy woes and demand that Pelosi
bring back the House and give the GOP an up or down vote on expanding domestic
oil production.

Now MoveOn is planning to get
involved.

“Republicans have been escalating their attacks on [Democratic
presidential candidate Sen. Barack Obama (Ill.)] and the Democrats over oil
drilling, and we need to push back hard,” the group said in an e-mail to
supporters, asking them to come to a 4 p.m. rally at the
Capitol.

“Speaker Pelosi blocked their plan because it won't help lower
gas prices—but it will line the pockets of Big Oil executives, the same people
donating millions of dollars to Republicans,” the e-mail said. “But Republicans
are working hard to make it seem like they're fighting for cash-strapped
commuters—and not the oil companies who wrote their plan.”

The group
plans to point to the ties between the GOP and Big Oil.

“We’ve invited
the media, and having a good crowd is critical to show them that voters don’t
want oil industry gimmicks—they want real solutions like alternative energy to
solve our energy crisis,” the e-mail said.

MoveOn acknowledged that
“Republicans have been dominating the debate around gas prices for weeks with
their sham drilling plan,” adding that the House protest is “getting a lot of
press coverage.”

August 04, 2008

Video of the Boston Tweet Party

You can join the DontGoVids youtube channel







Republicans Protest Democrat's Great Escape on Energy

The Boston Tweet Party continues

The Boston Tweet Party or the Republican Revolt, whatever you want to call it is going to keep on going. But there will be no cameras allowed in the Capitol Building. So the use of twitter and other "Main Street Media" outlets to get the skinny. They are also live blogging at the Republican Leader's blog.


House Republicans to Resume
Floor Protest on American Energy Monday














Washington, Aug 3 - House
Republicans will be back on the floor of the U.S. House of Representatives again
Monday to continue the unprecedented protest that began last Friday, when dozens
of Republicans joined hundreds of American citizens on the House floor to
protest Speaker Nancy Pelosi’s (D-CA) decision to send Congress home for the
rest of the summer without a vote on legislation to lower gas prices and move
America toward energy independence.


In an urgent
memo
sent to GOP Members and staff Saturday (“A Call to Action on American
Energy”), Republican Leader John Boehner (R-OH) and Whip Roy Blunt (R-MO) hailed
Friday’s action, which was led by Reps. Mike Pence (R-IN), Lynn Westmoreland
(R-GA), Tom Price (R-GA), and others, and encouraged House Republicans to return
to the Capitol beginning Monday morning to help keep the historic effort
going.



“It’s not a request we make lightly. But the
American people are suffering,” Boehner and Blunt said in the memo. “The
consequences of continued congressional inaction on gas prices are
unacceptable. We’ve called on the Speaker to call Congress back into an
emergency session this month and schedule a vote on the American Energy Act. We
must continue to make a stand until the Speaker complies.”



“We realize not everyone can be in Washington
next week. But if you can be, we ask that you come to the Capitol, join our
colleagues, and lend your voice, beginning this Monday at 10:00 am,” the GOP
leaders wrote. “If you can’t be in Washington, we ask that you contribute to
the cause in other ways – such as spreading the word among your constituents,
writing an op-ed for your local newspaper, or taking our ‘all of the above’
energy message to your local airwaves.”



“Republicans stand with the American people. We
share their passion and determination for energy independence, and we’ve pledged
to fight boldly until Congress heeds their will,” Boehner and Blunt
concluded.


#####

August 01, 2008

Don't Go

United States Congress,

On August 1st, 2008, We The People were hoping to see our Congress take action to relieve the burden of high energy costs for American consumers. As you know, sky rocketing fuel prices are causing stress on virtually every aspect of our lives. It is the duty of our elected representatives to find solutions.

However, the events of August 1st, led by Speaker of the House Nancy Pelosi and her Democrat Colleagues, have shown that many of our representatives are putting self interests before the welfare of the American people. Indeed, the Democrat majority in Congress shut down Capital Hill before holding a vote on the energy bill. In fact, the majority leadership appeared to take extreme measures to stifle any and all discussion related to energy on the House floor, including shutting off lights, cameras, and microphones to ensure that our Representatives’ voices would not be heard by the public.

We find this to be an outrage, and an insult to the American democratic process. We strongly urge you to remain in session until votes have been cast on energy legislation. As our elected representatives, it is your duty to serve the citizens of this great country, and we expect you to do your jobs with the dedication and perseverance most American workers demonstrate each day with their own jobs and families. We call on you to immediately convene a session and provide a respectful bipartisan forum to make progress on one of the most important problems facing our country- a lack of energy independence.

Finding a solution to our energy crises is a priority for us. There for, we demand it be a priority for you as well.

Signed, Stix Blog

Sign the petition and follow the conversation at Don't Go

July 08, 2008

T. BOONE PICKENS: Energy Plan

Here is one way to help with the high price of oils and gas.    Also tapping our own oil reserves will drop that even more, and drop global oil prices.

The Pickens Plan

H/T to The Minority Report

July 03, 2008

Drill Here, Drill Now, Pay Less

A verygood op-ed piece by David Ridenour.

H/T to Amy Ridenour

To burst the oil bubble, just use a drill, says David Ridenour, in an op-ed piece at least two dozen newspapers (another example here and here) have now run on their commentary pages.

A version of the piece (various papers have edited it differently) follows:

To burst the oil bubble, use a drill.

If Congress stands up to special interests and develops domestic energy sources, oil prices will tumble.

The U.S. has ample oil reserves.

For over a decade, environmentalists have prevented drilling for oil and natural gas in the "1002 Area" of Alaska's Arctic National Wildlife Refuge (ANWR), an area in the refuge's Northern Coastal Plain set aside by President Carter and Congress for possible oil development in 1980.

At 1.5 million acres, the 1002 Area is less than 8% of the refuge. An Energy Information Agency estimates the amount of recoverable oil there at 10.4 billion barrels.

President Bill Clinton vetoed a bill authorizing drilling in ANWR under environmentalist pressure in 1995. Had he not done so, nearly 1.4 billion barrels of oil would likely be flowing from ANWR this year. That's equal to about one-quarter of our current imports.

Subsequent efforts to open as little as 2,000 acres to oil and gas exploration have failed repeatedly, but Senator Pete Domenici is trying again this year.

If you think oil prices are inflated, just get a load of environmentalists' claim that opening 2,000 acres to development would have a devastating impact on ANWR. The acreage involved is just 0.01% of ANWR's total.

The U.S. also has enormous oil and gas reserves in the Outer-Continental Shelf, but environmental lobbyists have succeeded in keeping these resources locked away, too. There's been a moratorium on offshore drilling since 1981.

The Department of Interior's Minerals Management Service estimates that areas covered by the moratorium contain nearly 19 billion barrels of recoverable oil, equal to about four years of U.S. oil imports.

But don't look for the Outer-Continental Shelf to be opened anytime soon. A U.S. House Appropriations subcommittee rebuffed an effort to lift the 27-year moratorium this month.

The U.S. also has considerable reserves of oil shale - a sedimentary rock that produces oil when heated. The Bakken Formation, located in North Dakota and Montana, contains between 3 and 4.3 billion barrels of previously undiscovered, recoverable oil while the Green River Formation, located in Wyoming, Utah and Colorado contains between 500 billion and 1.1 trillion barrels of recoverable oil. The midpoint estimate for the Green River Formation alone is three times Saudi Arabia's known reserves.

Environmentalists, predictably, argue that increased drilling would do nothing to reduce fuel prices.

Their first argument is that it will take a decade for these areas to produce oil.

But while production may be years away, the decision to drill will immediately burst the oil bubble created by investor speculation. Speculation has contributed significantly to the price of oil: Mary Novak of the economic forecasting firm Global Insights estimates that if speculation were eliminated, a barrel of oil would cost just $75-$80.

Why do many investors flock to oil? Because two American reserves are going in opposite directions. The Federal Reserve has produced a veritable gusher of dollars, driving down the dollar's value, while our oil reserves are kept below ground, keeping oil prices high. As long as investors expect demand for oil to grow and supplies to remain the same or shrink, they'll continue using oil as a hedge against the devaluing dollar.

Drilling would change all that.

The greens' second argument is that OPEC will respond to our domestic oil development by reducing oil output, keeping prices high.

The reality is that sustained high prices aren't in OPEC's long-term interest, as it provides incentives to oil development projects that wouldn't exist otherwise. The Rand Corporation estimates crude oil prices would have to be between $70 and $95 per barrel for oil development in Green River to be profitable. Once developed, it will become a permanent competitor.

The facts are clear: Developing domestic sources of oil will help end the energy crisis.

And with two-thirds of Americans now in favor of such drilling, it's time to act.

Note: Links to the Sacramento Bee, Fresno Bee and Raleigh News & Observer that appeared in this piece originally were removed when they went dead; a link to the Duluth News Tribune was added.

July 02, 2008

Do not trust any of them

When was the last time we actually had someone in CONgress do waht they say they were going to do????   Well, I think that Lincoln might have been President then.   Over the past 30 ears, we have heard talk about how we are going to oil independant.   Well, it is 2008 and we have record oil prices, thanks to the follies of our entrusted leaders.   If we would have tapped the oil that is actually in our country in the 70 or 80s, we would actually be independant from oil from those that wish us harm, Venezuela, ME, and Mexico.  WEll, we get more from Canada, but they do not wish us harm, just they look at us with the cold shoulder.   Glenn Beck has got a great video of the 30 follies of oil policy from our CONgress Critters and Presidents.

H/T to Wake up America

Also posted at Grizzly Groundswell

June 25, 2008

What to blamefor high gas prices??

Mataharleyover at Flopping Aces did a great job in investigating the reason gasprices are rising.    It is a combination of things,butit seems that suply/demand is the main culprit, alongwith einiery capacity.  But the oil speculator scontribute a little also.

Desperately seeking blame for oil prices
an a’political look at a universal problem

Posted by: MataHarley @ 9:06 pm in Congress, Economy, Middle East, Oil, Politics, Saudi Arabia

Visited 591 times, 546 so far today

We’ve all engaged in the speculation wars as to the reason for oil prices’ astronomical rise in such a short time.  The four most common arguments are:

1:  questionable speculators activity
2:  decreasing supply and increasing demand - and peak oil theories
3:  Iraq or Middle East conflicts and terrorism
4: falling value of US dollar

I’m neither an accomplished economist, nor an oil expert.  But I’m one curious individual, so I set out to see if I could shed some light how just what to believe.  There’s considerable amount of data here (meaning long! a week’s worth!) but I’ll share my research on the four issues mentioned above… and my attempt to put it all into perspective…. sans politics. (the “gasps” abound, no doubt…)---Flopping Aces

Go and read the whole post it is very good.

June 22, 2008

Econ 101

I am beginning to wonder if any politicians have taken Econ 101.  Basic law of supply and demand.  Also we could reduce our energy dependence on fossil fuels if we would use nuclear energy to power our homes.   We have 19% of our power plants as nucleat plants.   Fwance has almost all of the power from nuclear plants.

H/T to Eagle Speak

....
Why on earth is anyone's home still being heated by fuel oil when nuke plant electricity should be plentiful? Oh, yeah, some people don't like nuke power plants...

Pelosi Premium

June 19, 2008

Drill For American Oil

June 18, 2008

Can we call them Soclialists now

If this is not a Socialist plan I do not know what is.  What next?????   We are going the way of the EU and becoming more Socialist every day.

H/T to Stop the ACLU

This Just in

This is from Just In With Laura Ingraham new show on Fox News

H/T to Conservative Cat

Also read what the Conservative Cat has to offer on the magical "green" energy fuels.

June 13, 2008

Drill Here Drill Now Pay Less

GO and sign the petition to Drill Here  Drill Now Pay Less

217ae618c18d4989931a771ba4ae5657

June 11, 2008

Obama likes the gas prices high

He just does not want them to rise as fast as they are now.  WTF

H/T to Gateway Pundit

And finally the Republicans are growing a pair and are fighting back.   Her is Sen Mitch McConnnel's response:

How to lower gas prices???

Well, let's look at the Dems and the Repubs strategies.   

First we got the Dems calling for awinfall tax on BIG OIL companies.   You know that would just raise the price of oil and would do nothing for production of oil.  Then they also want to sue OPEC countries.  I am sure this wold go ove real well with Saudi Arabia and Venzuela, then they would justgiveus oil for free.  Well, maybe in an alternate universe.   See the Democrats would fail Economics 101.  If  you want to lower theprice of oil, you need to raise the production so we have a bigger supply, which all ofthe Democrats plans would just raise the cost and do nothing for supply.    Great

NOw let's look at some ofthe bills that the Republicans try to pass:

H/T to Flopping Aces

Rep. Tom Cole (R-OK)
Floor of the U.S. House of Representatives
Congressional Record
June 10, 2008

But let me talk a little if I can about what the current state of play is in energy prices. Today as you have had up on your sign, the national average price for a gallon of gasoline is $4.04. That is something I never thought I would live to see, and frankly, no American should have ever lived to see. You can now buy a barrel of light sweet crude for July delivery at $131.31, a nice round number, nice even alliterative number. Currently in my State, Oklahoma’s price at the pump, and we are producers, in some ways we will we feel it even worse because we have been producing for over 100 years much more than we consume and exporting it to the rest of the country. And we are delighted to do that. But it is pretty tough when people in Oklahoma, a producing State that sacrificed, that frankly are delighted to have exploration and production, but they are paying $3.83 a gallon.

In January of 2007 when this majority, this Democrat majority took office, the price per gallon was $2.08 a gallon. That is a rise of $1.75, an increase of over 80 percent.

The country as a whole has experienced very much the same thing. The average price since the Democratic majority has come into power has gone up $1.67, an increase of 71 percent.

Now, that is not what our friends on the other side of the aisle expected to happen at all. As a matter of fact, let me read you a few quotes of what they told America as they came into the majority our energy future would be.

Our distinguished Speaker, Speaker Pelosi, said on April 18, 2006, “Democrats have a commonsense plan to help bring down the skyrocketing gas prices.” She said a few days later, “The Democrats have a plan to lower gas prices.”

Our distinguished Majority Leader Steny Hoyer said on the 4th of April, 2005, “Democrats believe that we can do more for the American people who are struggling to deal with high gas prices.” I would love to “struggle” to pay $2.08 a gallon. It would be a nice fight to have.

Our good friend and distinguished whip of the majority party, JIM CLYBURN, said, “House Democrats have a plan to help curb rising prices.” That is on the 26th of July, 2006. If this is the plan, we want them to go back to the drawing board and reconsider where they are at.

Four times since they have taken the majority they have voted to increase energy taxes; to increase energy taxes. Now, even people that don’t like the energy industry can usually say, well, gosh, if you increase the tax, won’t they pass that along to us in the price? It is an incredible record.

Now, every single energy bill the majority wants to reach the floor has reached the floor. Most of them have passed this body. Some of them have gone all the way to the President and been signed. As I recall, I don’t remember anybody who actually vetoed any energy legislation that has actually reached the President’s desk. So what we are seeing really is the product of the majority’s legislative agenda.

What haven’t they let come to the floor? What commonsense solutions that most Americans support haven’t come to the floor? I am just going to list a few of them, because, as my colleague knows, there are many of them.

Our colleague from Texas, MAC THORNBERRY, has a wonderful bill, the No More Excuses Energy Act, H.R. 3089, that literally covers the gambit of things we ought to be doing. Not just oil and gas, but nuclear, solar and wind. It incentivizes production. That is the lesson that our friends on the other side have forgotten, that supply is really important to cost. They simply seem to have no conception of that.

There is a wonderful bill by Mr. Pitts of Pennsylvania, H.R. 2279, that will expedite the construction of new refining capacity on closed military installations in the United States. These are installations that have been set aside. They are safe. They are secure. Why in the world wouldn’t we want to refine the product? If we have to import it, we at least ought to get the value-added portion of refining it. It is a crime that we should ever import a refined product.

Our good friend Mr. Blunt, H.R. 2493, has legislation that removes the fuel blend requirements and government mandates that contribute to unaffordable gas prices. We shouldn’t have dozens and dozens of blends of gasoline. A few is enough.

Our good friend Mrs. Myrick has H.R. 6108, Outer Continental Shelf Exploration, which grants coastal states the authority to grant exploration up to 100 miles from their coastlines and allows States to share in that revenue. A commonsense solution.

None of this legislation, and dozens more, have been allowed to come to the floor. My friends on the other side love to blame Republicans, President Bush and the energy industry for these kinds of problems.

I just want to conclude quickly with a story. I do represent a district that is one of the top 20 energy producers in the United States, so we are more than doing our part. I convened about a year ago, actually before this extraordinary rise in prices, a group of independent energy people that have spent a lifetime trying to provide energy to this country.

I asked them, “Give me your suggestions. What can we do to increase the supply and stabilize and hopefully lower the price of a gallon of gasoline or heating fuel or electricity?” They thought, and they had a lot of great solutions.

They said, “Let’s go drill in ANWR, in Alaska. That would be a wonderful thing.” By the way, my good friend Mr. Young has a superb piece of legislation on that, H.R. 6107, that would actually allow us to drill there and invest some of the severance revenue in alternative energy supplies so we could both meet an immediate need and start looking for alternatives.

But they suggested that. I said, “Well, you know, I am for that. I voted for that. The Republican majority passed it four times in the House and couldn’t get it through the Senate because of Democratic obstruction, so we probably can’t get it done.”

Then they said, “Let’s do more exploration and production offshore. We have seen Katrina. That has worked well in terms of no spillage. We know we had 25 percent of our supply in the Gulf of Mexico. We could do more.” I said, “Well, I am for that, but we can’t do that either.”

Then they asked about additional refining capacity, and they asked about expedited permitting on non-park Federal lands. They just went through a litany of things. Alternative energy. Each one I would say yes, I am for that, but we can’t get that through, particularly a Democratic Congress.

Finally at the end of this in frustration, one of my good friends said, “Well, why don’t you go back and ask those other Members of Congress who are opposing these measures just how rich they want foreign countries to be? Just how much they want to pay the people overseas that we are importing this petroleum from, or this gas, when we could actually do the production here? Because they are exporting thousands of jobs, billions of dollars, and they are jeopardizing our security.”

Then the guy added in fairness, he said, “By the way, we are all here giving you suggestions about how to lower the price of the product that we produce.”

We have had a shameful exercise, in my opinion, in the last several days, particularly on the Senate side, where people that work to solve America’s energy problems are brought in and interrogated as if they are the source of the problems, and the only frankly justification for that is the high prices. But when those people respond, they say, “If you would just do the things we have asked you to do year after year after year, we could solve this problem.”

Wow, what a big difference. The Republicans plans would go directly to the problem, SUPPLY.  All the while, there sould be incentives for finding alternative energy along with increasing supply to lower prices.   Why is it that the MSM hasnot gotten this out to the Public???    Crickets Crickets.  We only heard about the Democrats horrendous plan to makes us pay even more at the pump and making the Republicans look like the ones blocking any kind of legislation.   No Bias I know, just move along.

Also Posted at Grizzly Groundswell

June 10, 2008

What a shame

The Democrats bill to increase the prices of gas at the pump was defeated. 

Democrats' Oil Windfall Tax Plan Fails in Senate

WASHINGTON  —  Senate Democrats failed to gain enough votes on an energy bill that would have imposed higher taxes on oil companies, which are making record profits as oil and gasoline costs continue surging higher.

Republicans led a charge against the tax, saying it would tinker with the market and lead to suppressed oil supplies at home, and wouldn't bring in the money as planned.

The bill, which needed to pass the preliminary vote by a margin of 60 or better, failed 51-43.

Click here to see how your senator voted.

The bill also would have rescinded $17 billion in tax breaks the companies expect to enjoy over the next decade.

"The oil companies need to know that there is a limit on how much profit they can take in this economy," said Sen. Richard Durbin of Illinois, the Senate's No. 2 Democrat, warning that if energy prices are not reined in "we're going to find ourselves in a deep recession."---FOX News

That is the line of the day.  Has Durbin become a complete idiot and not know how the Market works.   Just read that again , "there is a limit on how much profit they can take" .  Umm no Senator, there areno limits to how much you can make, that is the American Way.  I have lost all faith in Turbin Durbin, and I will never ever vote fot this idiot.   He needs to take economics 101 also.  The LAw of Supply and Demand dictate what the price of acommodity is.  And sincewe are just sitting on the biggest oil reserve in the world, but can not drill for it, prices will go up.    And people wonder why I think the Democrats are foolish and are dangerous to our defense and economy.

June 09, 2008

Why oil prices are high

I do not think I can say this any better than Xran over at The MoxArgon Group

Democrats_logo

DEMOCRATS
&

Capt_lkw10502091350_aptopix_britain

ENVIRONMENTALISTS

Won't let them drill

Read the whole thing, it xplains a whole lot.

May 13, 2008

Dems blocks oil exploration in Alaska again.

Again the environmentalist wackos have gotten to the Democrats on a bill that would help out in reducing the price of oil. It may not reduce the price of oil today or in the near future, but when oil production was online it would reduce our dependence on foreign oil and would lower the prices world-wide.  But of course anyhting that would harm Gaia to the Left is a no go.  So we are going to have rsing prices of oil for the forseeable future most likely unless President Bush's pow wow with the Saudis has them increase production.   

And all of us are still wondering where the Democrats plan is to lowerthe price of oil.   Ithas risen at a higher rate since they took over both he House and the Senate.  Wasn't one of their big plans and promises to lower gas prices????  Oh, I get it, they will just tax the Oil Conpanies to lower prices.   Yes, that will do it. The Democrats lack of unserstanding of the economy is disturbing.   If they actually think that taxing the oil Companies into lowering prices, they have got another thing coming.   Even if they get rid of the oil taxes and tax the Oil Companies, the price will be the same.  The taxes on the Oil Companies will only go to the consumer anyway.    The Democrats are hoping the public is dumb enough to think their taxing the Oil Companies is a good idea, because of those evil profits the Oil Companies are making.

H/T to KISP

Senate rejects GOP oil drilling plan

WASHINGTON (AP) — The Senate has rejected a Republican energy plan that calls for opening an Alaska wildlife refuge and some offshore waters to oil development. Supporters of the measure couldn't get the needed 60 votes to overcome a Democratic-led filibuster threat.

Republican leader Mitch McConnell of Kentucky said more domestic oil production is needed to keep prices in check and to reduce U.S. dependence on oil imports.

Opponents said areas such as the Arctic National Wildlife Refuge and coastal waters that have been off limits to drilling for 25 years ought to remain that out of bounds to oil companies. The GOP measure, defeated Tuesday by a vote of 56-42, would have allowed coastal states to get a waiver to the offshore drilling ban. ---Associated Press

April 02, 2008

The Circus we call CONgress

Yesterday, CONgress had 5 executives of oil companies in for a grilling. It shows how these CONGress Critters have no idea how the economy works and why the price of gas has risen.

Oil Refinements
April 2, 2008; Page A14

The latest in the series of pointless gestures that constitute Congressional energy policy came yesterday, when executives from five major oil companies were paraded before Ed Markey's House hearing on global warming. They served as political props for Members to denounce rising gas prices, ventilate Dick Cheney conspiracy theories and otherwise advertise their ignorance of the markets they purportedly oversee.

Democrats, for instance, might rejoice over higher energy costs, which is precisely the eco-policy they've been advocating for years. Until Congress finds a way to abolish the price mechanism, paying more for gasoline is the only signal that will tell Americans to cut their consumption. How exactly do Democrats think a carbon tax or cap-and-trade regime is going to work?

The oil executives performed a public service by pointing out other economic realities. About 70% of the price of gasoline is determined by the global price of crude, which is rising because of world-wide demand and volatility in the commodities markets, not to mention the Federal Reserve's easy-money policy. Congress might also look to its gas mandates and the corset it has laced around domestic production.

It's true that industry profits are at a record high, but oil is a classic boom-and-bust business, which is why billions in capital investments are folded back into exploration and production. Besides, the industry's effective tax rates are in the neighborhood of 40% to 44%. Over the past five years, Exxon Mobil's total U.S. tax bill exceeded its U.S. revenues by some $19 billion.

Mr. Markey also used the occasion to threaten special tax increases, grilling the executives about $18 billion in "subsidies," which are actually a tax deduction that Congress itself extended to all manufacturers, including Big Oil. And he demanded that the companies commit 10% of profits to renewable energy. But as an Exxon vice president put it, fossil fuels are still going to account for at least two-thirds of the world's energy consumption in three decades and whatever scientific progress is made, the practical prospects for alternatives remain "very, very small."

Wall Street Journal

September 12, 2006

A great post as Say Anything

Rob at Say Anything has a great post about conpsiracies involvolving gas prices and the war in Iraq.  There are many conspiracy thoeries about why oil prices rose over the summe.  But what it really came down to was economics, the law of supply and demand.  It wasn;t because of greedy oil barons or Bush or Cheney.  It had every thing to do with the over regulationand boutique gases for every niche in the country.  In the summer you could not use Missouri gas in Illinois, because of the boutique gases in each state.  They eventually relaxed that regulation because gas prices were soring.  And now we got a bunch of psuedo-experts saying the real story of 9/11 is not true.  Either Bush knew about the attack beforehand or was part of the attack. 

Read all of Rob's post it is very good.

September 12, 2006

The Cult Of Conspiracy

Stix

May 05, 2006

Gas Squeeze

Gasprofittaxfeature
Find more of Michael Ramirez'z cartoons at Center for Individual Freedom.

Stix

May 04, 2006

A good editorial by Alan Reynolds

This is a very good editorial about why gas prices aer rising and why Ethanol is not the answer for our energy needs.  Ethanol has more of a downsize than it has an upside right now.  Maybe in a few years that might cbhngs, but right now it costs more and gas mileage goes down with ethanol.  And it is a good fisking of the House's new bill that is looking into price"gouging"  and our "addiction to oil".

Mixing gasoline and moonshine

May 4, 2006
by Alan Reynolds ( bio | archive | contact )

The House approved by a vote of 389 to 34 a plan to impose criminal penalties and fines of up to $150 million for refiners and wholesalers for "gouging," with a fine of $2 million for retailers. It is pitiable that 389 members of the House were so eager to make a public spectacle of their economic illiteracy. It is revealing that they totally exempted congressional moonshine -- otherwise known as ethanol.

The measure "calls on the Federal Trade Commission to develop a definition of price gouging," noted The Associated Press. The House is threatening stern penalties for a crime it cannot even begin to define.

"Gouging" is a meaningless word. Charging more than others do for the same fuel is inconceivable at the wholesale level because fuel is traded on global markets and the going price is instantly visible online.

read the rest here.

I swear to God, that the House couldn't find water in the ocean.  they are clueless on how the economy is run and just show how out of touch with reality they are with this idiotic "gouging" bill.  How many times are they going to look into price "gouging" and come up with no answers.  It is simple economics.  The basic supply and demand.  We are having a greater demand for oil because of China and India, and also the market is scaerd at what Iran is doiing.

Stix

May 03, 2006

Good Cartoon

H/T to The Barking Moonbat Early Warning System

Allie10

Eric Allie—Chicago

Stix

April 28, 2006

Economics 101

David Limbaugh is no economists, but at least he understands the law of supply and demand, unlike our grea and all-knowinfg Congressman.  They want to look at the "big oil companies" as the bad guy and they are "price gouging".  Which is totally ridiculous.  If you understand the economy, you realize that there is a bigger demand and not enough supply of fefined gasoline, so prices go up.  And the oil companies making a $8 billion prfit is wothless, because the cost of crude oil is going up and the cost of running refineries is very high. 

Big awl and gasbags

Apr 28, 2006
by David Limbaugh ( bio | archive | contact )

I am no economist, though I did minor in economics at some distant point in the past. I remember a visiting lecturer in my labor economics class one day preaching gloom and doom and telling us we would run out of oil in the next generation or so.

There have always been gloom and doomers and charlatans, and there always will be. There will always be a receptive audience for them. And when their predictions fail, there will always be people who still swear by them -- and even more who refuse to hold them accountable.

I don't want to mention any names -- like Paul Ehrlich -- of alarmists who were highly popular around the time I was taking labor economics and Money and Banking. Nor do I want to mention that many of their predictions were not just wrong but embarrassingly wrong -- so wrong that they are walking advertisements for the incompetence of their author. Yet, Ehrlich remains an icon among those who prefer their secular faith of gloom and doom over facts and reality.

read the rest here.

Chalrles Krauthhammer also ahs a good column on Townhall.com.

Gas prices shouldn't surprise us

Apr 28, 2006
by Charles Krauthammer ( bio | archive | contact )

WASHINGTON -- If you thought the Dubai port deal marked a record high in Washington cynicism, think again. Nothing can match the spectacle of politicians scrambling for cover during a spike in gasoline prices. And this time, the panderfest has gone all the way to the Oval Office. President Bush has joined the braying congressional hordes by ordering the Energy and Justice Departments and the FTC to launch an investigation into possible gasoline price-fixing.

What a disgrace.

Precisely 10 years ago (April 29, 1996) as gas prices reached a shocking $1.27 a gallon, President Clinton ordered his Energy and Justice Departments to launch investigations to find out why. In my column that week, I offered a wild guess as to why: "Supply is down and demand is up.'' I offered Energy Secretary Hazel O'Leary and Attorney General Janet Reno a $100 bet (I roll high on sure things) that their million-dollar probes would do nothing more than confirm my hunch.

read the rest here.

More from Townhall.com.

We are all Marxists now

Apr 28, 2006
by Dave Cloud ( bio | archive )

“Politics is the art of looking for trouble, finding it, misdiagnosing it and them misapplying the wrong remedies.” --Groucho Marx

Who knew that Ted Kennedy was an Economics genius? Kennedy’s never-ending campaign for an increase in the minimum wage—the law that Nobel Prize-winning economist Milton Friedman has called “one of the most anti-black laws on the statute books”—certainly never betrayed his hidden expertise. But after Sunday’s edition of Meet The Press, the secret is out.

In response to a question from Tim Russert about what should be done in response to rising gas prices, Kennedy laid out his clever three-part plan:

1) President Bush should call the oil company executives into the Oval Office and “jawbone” them to lower prices.

2) The FTC should be awakened from its slumber and put to work “24/7” to do an investigation. Perhaps someone should investigate who told Kennedy he wouldn’t look silly saying “24/7”.

3) The U.S. government should “capture the excess profits” from the oil companies.

Like the two guys in the beer commercial say: “Brilliant!” All that is really needed to bring down oil prices is to give the oil company bigwigs a good talking to. Kennedy, ever the leftist, sounded just like Marx—Groucho not Karl.

read the rest here.

Stix

April 27, 2006

William Teach has a good post

Pirate's Cove

For this, we elect, pay, and give power to Congress Critters?

Senate Republicans advocate sending $100 rebate checks to millions of taxpayers, and a Democrat is leading the campaign for a 60-day gasoline tax holiday.

Either way, it seems no one in Congress wants to be without a plan, however symbolic, to attack the election-year spike in gasoline prices.

Pure pandering. Nothing more, nothing less. Neither plan will solve a thing. Let’s drill in ANWAR, the Gulf of Mexico, the Lower 48. Let’s build new refineries, nuclear plants, and wind farms. Let’s do some real research into alternatives.

And, here’s one that will freak some folks out: let’s take the trading of oil off of the market. Does it cost the same to get the oil ou