Energy boost: GOP takes on Hopeless Harry; Nancy face rank-and-file revolt
Just in from Sen. John Cornyn’s office: The GOP is set to do battle with hopeless, hapless Harry Reid over his oil speculation bill.
Roll Call is reporting this afternoon:
If Majority Leader Harry Reid (D-Nev.) uses a parliamentary procedure to block amendments on an oil speculation bill he plans to offer Wednesday afternoon, Republicans will likely try everything in their arsenal to derail movement on it.
Senate Republicans want a battle with Reid over energy legislation that both parties hope will combat high gasoline prices; however, the Majority Leader has indicated that he is unwilling to allow amendments, particularly to permit more oil drilling, on his bill.
On Wednesday afternoon, Reid, along with Majority Whip Dick Durbin (D-Ill.), Democratic Conference Secretary Patty Murray (Wash.) and Democratic Policy Committee Chairman Byron Dorgan (N.D.), plans to offer legislation on oil market speculation, which Democrats argue is the main factor driving the soaring gas prices.
Senate GOP Conference Vice Chairman John Cornyn (R-Texas) said he would encourage his GOP colleagues to do whatever it takes to pressure Democrats to allow amendments, particularly because “speculation is just a piece of the problem” and other measures are needed.
However, another top GOP lawmaker was more pointed, arguing that Republicans want to have input and will not just stand by, forecasting that there will likely be a battle.
To arms!
***
Cornyn’s statement is here.
***
Meantime, San Fran Nan’s in trouble, too:
U.S. House Democratic leaders are finding that their plans to increase domestic oil and gas drilling without breaching existing environmental safeguards may be threatened by a compromise package being developed by rank-and-file lawmakers.
House Speaker Nancy Pelosi, D-Calif., has scheduled a Thursday vote on a bill that would force companies to explore under existing leases or return the leases to the federal government. The U.S. would also be required to speed up the sale of leases in a part of Alaska that is already open to drilling. Democrats are eager for leases to occur more than every two years, even as the government plans a new sale for this fall.
The move is meant to counter Republicans who are pushing to open up off-limits areas to drilling, especially in coastal areas along California and in the Gulf of Mexico. But that strategy may be put to the test by a package being developed by two dozen lawmakers, half Democrats and half Republicans. While still in the works, the centerpiece involves offering leases for at least some of the 574 million acres of coastal waters that are closed to drilling and using the proceeds to finance a host of tax breaks, such as those for renewable energy and household conservation measures…
… Pelosi met with the Blue Dog Democrats late Tuesday to discuss energy policy. She also met separately with oil-patch Democrats. An aide to the speaker said the oil-patch Democrats made suggestions for changes to the drilling bill that is on the floor on Thursday, but he declined to comment about the package that would open up protected coastal waters to drilling.
Offshore drilling is a sensitive subject for the environmental groups who are a big part of Pelosi’s base as well as for the Californians she represents. California’s coast is an important battleground because of its resources, including an estimated 5.6 billion barrels off the southern Californian coast alone. Six companies, including Exxon Mobil Corp. (XOM), already operate in the off-limits areas because they have production facilities that were grandfathered in when the ban took effect.
But environmental groups are loath to reopen the area, citing in part a U.S. Energy Information Administration study that found access to the Pacific, Atlantic and eastern Gulf regions wouldn’t have a significant effect on domestic crude oil and gas production or on prices before 2030. Leasing would begin no sooner than 2012, and production wouldn’t be expected to start before 2017, the EIA found.
Hey, let’s have a look at the chart of the day again! Wheeee:
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Categories: Harry Reid, Nancy Pelosi
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Its about time the GOP started to fight these out of control libs.
Are Republicans finally getting a pair of “Gum Balls”?!
Well it’s about dang time!
Put the boots to ‘em.
Why are these people stuck on stupid? How about a little proactive action by these clowns so ten years from now were not still in this mess.
Drill darn it!!!
‘Drill Here, Drill Now’ should be a strong enough issue to drive the corrupt, do-nothing-democrat leadership from the US Congress for another twelve years.
Where’s the leadership? Who’s our commanding officer?
Someone with sword raised should be charging the legions up San Nan Hill, driving back the heathens, and restoring Our Nation, and her energy independence, to its former Glory.
Someone needs to step up, approach the lethargic John McCain and ask him: “Sir, if you won’t use your political army, may I?”
But who?
Is that San-fran-nan or Alan Combs in drag?
Well, slap my leg. Republicans ‘likely be a battle” for American’s? What’s the temp in you know where?
L
Keep their stinking hands off of the speculators, they’ve messed with enough markets already.
More oil, prices drop. It’s so easy yet they resist.
Grrrrr….take it to ‘em, boys. Perhaps, you could lend a pair of cajones to McCain and persuade him to change his stance on ANWR.
Democrats are sure working for that 14% approval rate, aren’t they?
Democrats: No ideas, no plans, no clue.
Freakin Harry Reid.
This is literally the same nitwit that, back in High School, we would take his lunch money.
I hate these dorks.
It was very refreshing to hear old hippy liberal democrat( I refuse to use a capital D) Neil Abercromie on CSPAN this morning with republican John Peterson. Neil was saying Drill OFFSHORE and also get the shale and natural gas out of the rockies. Hawaii of course gets hurt more than any other state as EVERYTHING depends on oil. Old Neil has gotten the message. He then proceded to rub it into pelosi’s wounds by saying he is tired of the leadership. It is time to QUIT listening to the party leaders and start listening to the PEOPLE- yep about time.
Let’s count the layers of stupid here:
Some folks in Congress want to end ’speculation’ on a heavily traded commodity. I don’t know how well they do with the stock market. They will probably have a very difficult time regulating markets in London, Tokyo & Dubai.
Note to Senator Reid: The United States of America is not a member of OPEC. We import a large chunk of our oil supply. You are trying to make the rules when someone else owns the ball.
The dems are only willing to listen because we haven’t voted yet. After Nov, it’s back to the same old - same old.
Do It ALL, DO IT NOW, Do It For America.
“Hey, let’s have a look at the chart of the day again! Wheeee:”
And that photo of bug-eyed Nancy just to the right of the chart.
Thanks for the best laugh I’ve had all day, Michelle!
LOL
I am sick of these politically motivated “statistics” that, frankly, make no sense. As with the rebates, when politicians really want something to happen, it happens. Oil men know the truth. We can get production within 3 years easily. The fact is market prices are already responding to the President simply rescinding the Exectutive drilling ban.
We built an A-bomb in 3 years and now all the liberals are screaming that we cannot pump oil, much less see lower market prices for 10+ years? LIES. They did it with NARAL and Roe v Wade and they’re trying the same “statistics” smokescreen now. Keep the pressure on and their political levees will collapse.
I am optimistic that Republicans can bullrush the Democrats in November on this one issue alone.
Keep in mind that lower oil prices will cure the majority of our short term economic problems quickly. Even the financial markets will rebound. Do alternative energy (fund ones with the greatest opportunity for success) and nuclear for the long term goal. Do fossil fuels and sugar cane ethanol now.
Wait a sec here…
It would take LONGER to get oil leases than it took us to WIN World War II?
Now that is somthing that Congress should be investigating.
Democrats, get your foot off the backs of the american people, quit catering to the money coming from the enviro-nazi groups and stop the artifically created domestic oil shortage, and start the drilling. NOW!
If they are “politically motivated” statistics, then your ire should be aimed at the Bush administration and not the liberals.
Or it could be due to the fact that “Crude-oil and gasoline inventories rose last week, according to government data released Wednesday. Both gains defied analysts’ expectations.” (source)
And the photo at the top of the page, of Pelosi with Reed behind here make me think of a couple of old dolls my sister used to have that used peeled,dried up apples for heads to make ‘em look like old maids. Ants eventually ate out their inards.
Pelosie and Reid: two old, dried out, empty headed nitwits.
DRILL HERE, DRILL NOW, PUT AMERICANS TO WORK!
This really bugs me more than anything else. The Dems complain about the awful Republicans giving tax braks to the Rich and the evil Oil companies, yet they can’t help to do the same thing. Is there any wonder Congress has a 14% approval rating?
So much for the “most ethical congress evah”, right Speaker Pelosi?
[deleted] Fools!!!
How about we drill enough oil to get us off the OPEC teat, then start undercutting their prices to others and take away their monopoly on the world at the same time?
Yes, lets.
They are only talking about speculators within the US. We can’t control the actions of people around the world, and no one is attempting to do so. We already regulate people and industry, and this is identified as an actionable target to go after because these people inside America trade up the price on paper, and then sell, with no intention to ever take delivery, but with every intention to make a profit off of the rest of us.
This is what they are talking about, not going after people in London, Tokyo & Dubai.
The price of a barrel of oil could go down from $140 as it is now down $40 to $100. This is a good thing.
So it’s all your fault then? Give ol’ Harry a little bit of power, and now he’s using it to get back at the guys that were mean to him in high school. Thanks a lot, Willie! lol
Sounds like about 98% of the nco’s I knew in the Air Force. Give them that 4th stripe, and man, little Napoleons they turned into!
Hundreds of thousands of gallons of oil seep naturally into the ocean off our coasts every year, especially off the coast of Santa Barbara. This naturally seeping oil washes up on shore and causes the same environmental damage as man-made oil spills. If I were President, I would order the EPA to place these polluting sites on their Superfund list. The EPA could then subcontract with Exxon or Shell to clean up the sites by removing the source of contamination from beneath the ocean floor. Problem solved!
WOW, I just got flooded with emails fromt the NRCC, RNC, GOP within seconds of each other. Here’s a sample.
If only the repubs had a set of these:
http://www.youtube.com/watch?v=xjAlC6ZQ_ec&feature=related
And the man-made spills come primarly in the transportation of oil, not the drilling, or so I understand.
If only these Democrats had spoken up in 1981 when I began a 401K. Then I could have known how foolish such an investment would be because I would never see any benefit from my 401K for more than 25 years. Of course, if I had listened to them, I would not have been able to retire early when my health began to fail 25 years later.
So, when will the Democrats tell us to stop wasting time and money on our children’s education. It takes 12 years before a child benefits from a high school diplomma and 16 years to reap benefits from a college degree. Wouldn’t investing in a child’s education be just as foolish as drilling for the oil that we use to drive them to school?
I think people who believe gas prices will fall - ever - are deceiving themselves. Get used to it. Being a part of the global economy will lower our standard of living and make it more in line with other countries. It will happen. It is happening now! I’ve seen things I haven’t seen happening in years, like people actually walking to a store a half mile away. I think change will continue to the point we won’t even recognized our life style anymore - mark my words.
This is the issue to determine who controls both houses of Congress in 2008.
With John McCain and the GOP Party leadership wanting to remain “middle of the roaders” I expect the Democrats will come out of this looking good and winning Congress.
To paraphrase Jesus “Oh ye of no flippin’ common sense, how long must I suffer with thee?”
Every expert that I saw testify a few weeks ago said the one MAJOR thing we could do with immediate effect would be to close the speculation loophole. In fact one said “some are probably running to divest right now just because we are talking about it”
That’s the short term.
Now we also need a long term solution, which means drilling in ANWR, west coast, east coast, and the gulf. If I hear another dumbocrat regurgitate the “68 million acres already leased” meme I am going to reach through my tv screen and slap them in the freaking dome.
I have heard so many of them repeat that tired, meaningless stat so often I’m beginning to think it become their new motto.
They keep saying ” the presidents own energy commission says…” drilling will not affect oil prices right now. Well no freaking crap! But it WILL keep us from having a whole new set of congresscritters from having this SAME debate several years hence when we are now paying 10.00 USD for a gallon of gas because you caved to the enviro nit wits in the first decade. Where would we be now if Clinton had not blocked this drilling when it was proposed 13 years ago? Not paying 4 buck a gallon for gas I suspect.
So if not now, when Nancy? When?
I wish they would give just an ordinary citizen 5 minutes on the floor of the house or senate sometimes, free to say whatever they wanted- now that would be good television.
I would look at both parties assembled and say “When oh when will you start working for us and not yourselfs?”
I don’t think that’s in the Constitution…not the American one anyway. Maybe Irans.
BTW, didn’t Nancy once say the Dems had sort of…comprehensive energy plan I think, or something like that? I seem to remember her mentioning it in passing. What’s up with that?
/sarc
Nope. 62 percent is from seepage. 32 % from run off and boating, ect. Then transportation, and lastly is drilling at 1 %.
wise_man @ 5:05 PM
That’s a whole lot of speculation. If you can’t make dollars in New York, would you give up, or would you try to make Euros in London?
You can’t write off foreign markets because we import so much of our oil. Is it over 50% of our consumption? Also, we may consume a large fraction of the oil that is produced, but it is definitely not enough to change the price by 20 - 40%.
malkin-fan, thanks for the laugh.
It’s about time the GOP held Harry and Nancy’s feet to the fire, let’s hope they follow through.
This is not just about Nancy pandering to her base, it’s in the Democrat’s interests for the economy to be in bad shape, and not to mention that the USA needs to be independent of oil from the Middle East.
Investors Business Daily called for Nancy Pelosi to resign, yesterday in the editorial, calling her plan to use the strategic oil reserves “reckless”.
31Bravo, if I were give some time on the senate or house floor, I’d start by strangling Harry and Nan followed by the rest of the room!
I was more or less thinking what I could do/say AND stay out of a federal penitentiary. Although I agree with the sentiment, in spirit if not in action.
Where have I heard those words before? Oh yeah, during the Carter administration. They told us back then we had already used up most of the world’s oil. Funny thing is, they found more and prices came down.
Why do people think this is an either/or situation? We can develope alternative energy sources at the SAME time we are drilling for more oil. They are not mutually exclusive; we can do both! If we can’t “drill ourselves out of this problem”, why are they afraid to try? Is it because they’re afaid oil will not run out soon, the price will fall, and they will be proven wrong - again?
I would suppose you start in America. And if they move on to other countries, then maybe we could ask that country if they would also regulate speculators there, I don’t know. If there is some process to reduce speculation, then at least try to do something, if it will lower the price of oil that we buy.
Yes, it’s called communism.
Free markets work but the Dhimmicrats keep trying to steal our freedom to have them.
wise_man @ 6:04
Scarcity causes prices to rise. Speculators are betting on the uncertainty about rising prices and rising demands. America’s best bet is to end our own self-induced scarcity.
Speculation is part and parcel of the market process. Every time you buy a stock you are speculating that it will rise in value. Or you can take more risk and “sell short” hoping the stock will fall in value. Either way you are speculating.
Speculation on oil is the same as for any other commodity. Someone buys an ammount of oil at a set price to be produced and delivered at some time in the future. The buyer must do this to insure supply for their opperation. If the price changes, the buyer may resell the oil for a profit or buy more at a reduced price. There is great risk in the purchase - you can be wiped out if the price goes the wrong way.
How will the dems stop the resale of oil contracts? Force delivery on the initial contract? The same process is used for corn, wheat, oranges, pork bellys, and hundreds of other items. There is no collusion, any more then there is with those who day-trade stocks.
I do not want the government setting rules on how often or to whom I am allowed to sell anything I own as an investment, short or long term. It’s none of their damn business.
Washington just doesn’t get it. You pass bills allowing drilling. The price of oil will drop. Why? Because, countries, knowing we will have a lot of our own oil soon, will try to sell what they can, before we slow down the buying. It’s a matter of supply and demand. If demand is projected to decrease, they will sell at a less price now. Simple economics.
Mojave Mark, fluffy and zorro get it!
Speculation does not cause price increases!
Only because of some peoples can’t do attitude.
“Futures aren’t a paper bet on the direction of prices determined by some independent process. Futures themselves *determine* the price of most physical oil traded today. The futures price (+ or - the differential) literally *is* the price of oil.” - Peak Oil Debunked
Thanks. Very interesting. When will the Dems demand an end to run-offs and block offshore boating! : )
“We can’t drill our way out of this”
True enough.
But we CAN and MUST drill our way out of ever having to have to deal with a similar situation again.
- Suppose you were an idiot and suppose you were a member of Congress. But I repeat myself.
Mark Twain -
And that price is determined by supply and demand. Demand is up - the Chinese are trading their bicycles for cars) - and here in the US we insist on limiting the supply of our own. So the price goes up…
Very true Alohaguy, and they are hoarding a great deal of oil for the Olympics.
Leave speculators alone. Any idiot who thinks speculators affect pricing are stupid and ignorant at best. What speculator would want barrels of oil in their yard to get rid of….none… All they do is bet on what the oil sells for short or long( or for you idiots…cheap or expensive) Why is it, the dopes don’t get markets….. 89 billion barrels demanded, 85 billion produced results in high cost….. do you get it yet?…. NO
Can you tell me your source for this info?
Sounds like the Republicans have been listening to the AC/DC classic album - Dirty Deeds Done Dirt Cheap
U.S. Information Agency 2007 oil supply vs demand analysis. But, it’s to make a point… which is…… speculators don’t control the price, never have never will…. you better look to who is supplying the crude. 70% of our crude is imported…. I don’t care where from , it’s not produced by us.
I’m also tired of those who say there isn’t enough oil to make a difference. The reason we still have a lot of resources (despite the hysteria of the Carter years) is because the technology constantly improves our ability to recover more difficult to reach oil and gas.
Advantages of Resource Plays
As for environmental concerns, these companies live in the communities they work. They don’t like pollution and spills anymore than anyone else. They spend millions on improving local communities, infrastructure, land reclamation, and reducing incidents of all kinds. Not to mention the university scholarships, research grants, etc.
Instead of quoting the Dem talking points, people should check out the companies and see what they’re doing about these issues.
Corporate Responsibility
Big question I have about those congressional approvla numbers: how do they break down when party is considered?
I have talked to idiots who still blame the Republicans for the ban, spending, etc, even though they are not in charge anymore.
DRILL! DRILL! DRILL!!!
Dems are on the wrong side here…great!
It is several years too late coming, but I welcome the sudden spine growing in the back of the Republicans in Congress. It’s amazing how some of our wishy-washy Congress critters have figured out they are in jeopardy of losing their phony baloney jobs in November. It is time for a Blue Dog Democrat/Republican revolt in the House that will finally dethrone her royal heinous Queen Pelosi and take away the power of the corrupt-o-crates she is surrounded by earning the lowest approval rating in history. This fuel crisis is right at the feet of this awful witch and Dirty Harry along with their obstructionist do nothing lackeys they have controlled with an iron fist. To those actually trying to do something to curb the crisis and legislate long term solutions I say Attack, Attack, Attack! There might be hope for this Republic yet.
What a great picture of Mother Nan! Pasty-complected and hair amiss, I’d say she was having another bad day
Hi everybody. I live in the SF Bay Area. I support drilling off the coast here, and elsewhere. I have emailed Pelosi, Boxer, Feinstein, and my House Rep Ellen Tauscher. I have emailed Schwarzenegger’s office and my state senator and assemblyman as well. Just want you all to know we are trying to do our part out here.
# 64 sdillard another CALIFORNIAN………
It’s good to know there are more of us in CA than we think there are!!
Your are so right - ACTION ie. contacting P.B.F.& our rep will get things moving!
For those in other states ; ditto.
I learned in econ 101 (gawd can I really remember that long ago?) the impossibility of speculators increasing the cost of oil. If they pay to much for a barrel of oil in the future, their company will take it out of profit and the speculator will lose their jobs.
If it is private speculators and they pay more than the oil is worth, they lose their own money. If they are large investors this can amount to many millions of dollars.
Remember OPEC’s attempt to drive up the price of oil in the early 1970’s. They failed. Why? When the price to exessive their is always someone else ready to undersell them at a healty profit.
Its called ‘competition’. Competition stopped OPEC and it stops the speculators as well.
There are many thousands of speculators-all are competing against each other to get the ‘edge’. This stops any group of them from getting together to artificially raise the price of oil.
allrsn
Exactly…. if you buy short there is always someone buying long… it IS simple econ…. but the libtards never, ever use knowledge, facts and reason to support their arguments….NEVER
This guy (Paul Krugman) sees no evidence of speculation-driven price increases.
Their hypocrisy knows no bounds. Tell me that HairBall Reid and Pelosi Galore have never bought a futures contract for oil. They are millionaires. And millionaires have at least some part of their portfolios invested in hedge funds that trade these markets aggressively.
Lying bastardos the lot of them.
Let us genuflect before their economic altar and puke.
I live here in Kingman AZ, just 90 miles south of Las Vegas. I cannot understand at all where Reid’s head is at. The higher energy prices go, the worse it gets in Vegas as it is a tourist dependent city. One good thing about his antics is that he may get tossed out of office next time around.
Harry Reid is doing everything he can to derail our economy to help Obama. While these actions have little to do with current supply they will cause prices to rise or at least not fall. And the man gets away with it because most people do not see it; the MSM does not explain it.
Without these web blogs most of us would not see it.
Hopefully there are enough Republicans willing to fight him to make a difference. Hopefully.
There is an awful lot of cowardness in government right at the moment.
14% approval rating. The absolute lowest since Gallup began keeping track. This is the “Big Democrat Congressional Revolution”? This is what all the Libbies were thumbing their noses at us about?
Well…I gotta admit one thing though…the Democrats in Congress did promise a change in the way things were handled in Congress…and BOY did they ever change things.
Since they took office the mortgage scandals broke loose, people are being evicted from their homes and foreclosures are at all time highs all across the spectrum, banks are failing, unemplayment is rising, gas prices and the price of a barrel of oil has gone through the roof…and they have scored the lowest approval rating of any Congress EVER. Oh yeah…they have DEFINATELY brough about a change.
However, as “The Other Side” demonstrated, there is one thing that they have NOT changed. That is the ability to still blame President Bush for everything.
I predict even lower approval ratings between now and November. As the Liberals in Congress continue to play their fiddles, things keep dropping. The Republicans have taken up the cry of the people of this country, and it will not go without notice come election day.
This may turn out to be an election day that will truly go down in history. It will see the turn around of the congress after only one election cycle, as well as possibly losing the Presidency that was a shoe-in for a Democrat only 12 short months ago.
Good job Libbies. This is the kind of change Ican live with. The kind of change that exposes you for everything you are. How’s that support from those Kos Kids working out for ya?
Politicians will express and show an interest in anything, that particular audience wants to hear. They insist that they will “fix” the problems. But, in truth, there is only 2 things they are interested in: being elected and being re-elected. One and awhile, there is one who has real interest in the country/state. But that politician is very rare. Once in office, they toe the party line, if that means more support for re-election. Look at the record, not the promise.
This has to be the worst congress in the history of our government. They are the definition of a do nothing congress.
They don’t even attempt to hide the fact that they are pushing their own agenda. The don’t represent the people that elected them. They represent the extremist organizations that fund them.
San Fran Nancy and Cowardly Harry are absolutely worthless and a disgrace to elected officials everywhere, which is saying a lot.
Speculators speculate on the future price of oil. They participate in the market to make money by absorbing risk. They are betting that nothing will change!
If you make legislative changes that open up drilling (continental shelf, ANWR, coasts, shale, coal…) and/or removes the red tape associated with drilling, that will change the expected future price of oil… and will reduce speculation.
Transportation companies and airlines turn to speculators as a way of getting a stable, expected fuel cost so that they can budget accurately for it. They purchase fuel at a future expected price through a speculator, who absorbs the risk.
If you want to remove excessive speculation against the future price of oil, then lower the expected future price of oil!
and how do we lower the expected future price of oil, you ask?
By increasing the supply of domestic crude.
How do we increase the supply of domestic crude?
DRILL HERE DRILL NOW!!!!!!!!!!
If you live in a democrat US house district try this. I called my rep., Al Green D-TX9 to inquire about his stance on the offshore drilling ban. The Houston office stated they do not discuss policy issues from the local office and that the DC office could answer. I called the DC office and because I did not know the specific bill number I was told they could not help. I mentioned that bill numbers are useful for their purposes but we out here work with issues. He hung up. My take is Mr. Green, like most democrat house members, do not want to deal with this before the break.
I have a question for the vast audience here. Our local rag (Houston Comical) has a blog feature as I’m sure most papers do. Are your boards as regulated against conservative voices as our is? Of course the journalism and editorials are unabashedly left, but they make it look like it is a majority of KosKids only that bother to participate.
I was permanently banned when I pointed out Obama was apparently left of NARAL on the partial birth abortion issue vis a vis his vote and statements as an Illinois legislator. Moderator told me the subject offended the bloggers.
Well I’ve signed all the petitions that are out there on this and as it seems to have zero effect I think we should start another one. This one stating that if they don’t pass a drilling bill and leave us high and dry while they vacation for the month of August. I’m gonna vote straight Republican and encourage everyone else i know to do the same thing.
Oops; my previous post was a direct quote from Ann Coulter. Whom I found has hit the nail on the head again.
Perhaps so, but it is the Democrats that are erroneously acting on it. If they hadn’t voted against drilling for the same time related reasons back in ‘96, we would be enjoying the fruits of those labors today.
So then, by your argument’s logic, increasing petroleum based inventories (supply) will lower prices. So why is it that adding to the supply via drilling will “do nothing to lower prices?”
The bottom line: the Dems do not want anything to make make Bush look good (i.e. help the country) before the election. They are effectively screwing the country, particularly the poor, for the sake of preserving or expanding their own power.
Even more pathetic, the polls show that their selfish ploy is obvious to the country, who sees that their obstructionism is detrimental to the country, and they either don’t care, or are too suffused with their power to gove a flying fig.
Wow! I don’t think even the Springfield (MA)Republican (in name only) would do that! (but I wouldn’t be surprised if they did).
I think that their censorship is offensive! I guess it is mob rule on that board, and they lefties just complain until you are blocked.
Kinda makes you think of what the “Fairness” Doctrine would do for free speech.
If they had to drill for Botox, Pelosi would be digging for it by hand.
When will the media provide “balance” to their political narrative and call Pelosi the “worst speaker of the House ever” since they have no qualms about referring to our sitting president as the “worst ever.”
If this Congress has its lowest approval rating in the history of the poll, then it is the worst. If you preside over the worst, you just may be the worst of the worst–or at worst–responsible for the worst.
Now, I’m off to have some bratwurst to honor the worst.