I have to tell you, I'm really worked up about the price of gas, and every time I hear the stupid Democrats open their mouths I get more angry. Today, for the umpteenth time, President Bush called for allowing drilling for oil in ANWR. The majority of Alaskans want it. (Check out the website for ANWR.org if you don't believe me.)
So how do the Democrats respond? Senator Chuck Schumer gave the usual reply that it will take 10 years before new oil could be produced. He forgot to mention that for the past 7 years he and his buddies have stood in the way of drilling in ANWR, off our shores or anywhere in the continental US. He also forgot to mention that his buddy, Bill Clinton, vetoed a bill in 1994 which would have allowed drilling in ANWR.
Schumer went on to say he would like to raise taxes on oil companies. Memo to Schumer: Raising taxes has never reduced prices.
President Bush said he would be open to the idea of a "holiday" on the federal gas tax for the summer to ease the pain at the pump. This idea is also supported by John McCain and Hillary Clinton (of all people). But the rest of the Democrats, including Barack Obama, are against it. Heaven forbid they should give a tax break to the people paying their hefty salaries.
Be prepared to see gas prices increase even further. The price of food will continue increase while we waste tax payer money, gas and corn to produce ethanol. The liberals' policies are coming home to roost while the media and the American people give them a pass.
Update - 5/12/08
Related Links:
Americans Should be 'Oil' for More Drilling
by Donald Lambro
Put the Blame Where it Belongs
by Michael Reagan (do you think he reads my blog???)
5 comments:
Oh, yes!
I consider the energy thing to be a bit different than the obama lunacy, because it has gone on so long. Usually, the influence of the moon passes within a few days or maybe a moon cycle. We are into several moon cycles and people are still lined up at the Kool-aid dispenser.
What will it take for people to examine the facts. Gas isn't getting cheaper, so time to adapt and make significant long term changes.
lET'S JUST HOPE THAT CANADA EINS THE DISPUTE OVER DRILLING RIGHTS IN THE ARCTIC. AT LEAST THEY MAY HAVE THE GOOD SENSE TO DRILL FOR THE OIL UP THERE, AND WE HAVE NOT YET MADE AN ENEMY OF THEM. IF THE U.S.A. WINS WE'LL NEVER SEE A DROP OF THE OIL WITH THIS GANG OF IDIOTS IN WASHINGTON. WE ARE HOPELESS
I guess ignorance is bliss. I just keep hoping there will come a day when people wake up and smell the gas bill.
Okay I agree that raising taxes has never lowered prices, but I think the problem is with the oil companies. The oil company Exxon reported an annual profit of $40.6 billion. Maybe it's time someone told Exxon that if the cut their prices by 50% they could still make a huge profit. If anyone wants to know were we can find the money to find a new energy source, I think Exxon has plenty to go around.
Unfortunately, corporations are beholden to their shareholders, who invest to make money. What about when prices are down and their profits are down? Do we feel sorry for them then? I wish they could take their profits and invest them in drilling for oil domestically, and building new refineries. (In a way that is not harmful to the environment).
As far as coming up with new energy sources, the free market can be amazing and when they find one that can be profitable people will invest in it.
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