Thursday, April 21, 2011
Gas for Six Bucks Per Gal? STFU
Just saw a "news" report that gasoline may be headed to six dollars a gallon. Don't really believe that but if it becomes the case we can kiss our economy goodbye. I hold those responsible who are energy obstructionists. As I have said before, those scum don't practice politics, have honest disagreements, etc. etc. What they do is commit treason. No sense pulling punches. "No blood for oil" these types always bleat. Prices go that high there will be blood I wager. It is doubtful that this country will be denied access to the Mohammedan (and other) oil fields. The radical environmental left will shoulder the blame for derailing our opportunity to become (nearly) energy independent. We may all pay the consequences. Hope to God this scenario does not come to pass.
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""No blood for oil" these types always bleat. Prices go that high there will be blood I wager. It is doubtful that this country will be denied access to the Mohammedan (and other) oil fields. The radical environmental left will shoulder the blame for derailing our opportunity to become (nearly) energy independent. We may all pay the consequences. Hope to God this scenario does not come to pass. "
SO WHAT are you b!tching about? _You_ should be pleased as clam at high tide (of course if this is in the Gulf Of Mexico, then maybe not). Are not you are getting everything you've wanted, three endless wars for oil (paid for by tax payers), standing oil polluting the Gulf Of Mexico (and tax payers paying for the clean up), a nuclear meltdown in Japan (soon coming the west coast) and international oil/banking/insurance corporations making obscene profits while paying no federal taxes in USA?
On top of all this, you can point the blame at "The radical environmental left". The international corporations have nothing to do with this issue, right?
Ema Nymton
~@:o?
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What am I bitching about? A people who stand on top of our own energy supply who are not allowed to go get it. I will agree that oil companies are near criminal organizations in many respects. Grant you that.
"a nuclear meltdown in Japan (soon coming the west coast)"
And a chariot pulled by four horses following close behind. Or something like that.
Anyway, gasoline does not have to go to $6.00 to trash our economy. Merely remaining at the $4.00 range will do that. Oil companies are not the problem, they are buying oil at $110 per barrel, traders are not a very big part of the problem, and even oil exporting companies are not the main problem,.
The main problem is the international value of the dollar, which is at historic lows, caused by "quantative easing" for two years plus, otherwise known as "printing money," and by government borrowing and intractable government deficit spending.
And drilling "at home" is irrelevant. Oil is traded on the world market and we cannot buy oil pumped out of the ground in Texas one thin dime cheaper than oil pumped out of Saudia Arabian sands.
Perhaps you are right Jayhawk about the oil pumped out of the ground in the U.S. will not be one think dime cheaper than Saudi oil, but I would submit that it is a national defense issue to have our own oil supply.
We have one. It's in salt domes throughout Louisiana and Texas. It's called the "Strategic Petroleum Reserve."
That is true. I live within minutes of one of the facilities but the Reserve is for (or should be for) emergency (military?)use. It should not be considered a replacement for a continued domestic supply.
Tell that to the people who are screaming for it to be released to "ease pricing pressures" now, who are mostly conservatives.
I disagree with any being released from the Reserve barring a total national emergency. High prices, while dangerously damaging to the economy, does not qualify. I stress that the Reserve should be for a dire defense related crisis only.Besides any released would be, at best, just a very short term "fix" to the problem of high prices. Probably would not even notice much change in price at the pump.
I must say I fall into the "drill here, drill now" crowd.
It is probably much too late though.
I could not agree with you more, although I'm not sure I'm with you on the last paragraph. I have mixed thoughts about that. The idea that we can continue with present attitudes toward energy consumption is, I believe, seriously flawed. Whether energy derives from petro or other sources, a population which is an order of magnitude larger than existed previously requires thinking in a different paradigm, not merely thinking bigger in the present one.
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