Pelosi is being disingenuous

I've said it before, oil companies make no money by leaving crude in the ground. Pelosi is in cahoots with the rich socialists in this country, and they're succeeding in their bi-partisian efort to creat two classes. All part of the plan.

Good for the ones staying to debate this, and I'm not interested in their affiliation. I refuse to believe all democrats support Pelosi in this.

 

To say that the should begin drilling offshore to help prices now is a red herring. From what I have heard and read if drilling were allowed now, it would be ten years before we saw any of the oil. It takes time to explore, set up the drilling platforms, etc., etc. I am not arguing here against drilling, just saying that politicians, on both sides, are playing loose and easy with this issue for their own political ends ... nor for our pocketbooks.

Demand is going to continue to grow and in ten years who knows how much we will be paying for gas ... it will surely be much higher than now.

 

That's a real red herring, CTB. If we had done it ten years ago, we'd be enjoying it, now.

I went to work for myself, and it was twelve years before I started really doing well. According to your logic, I never should have started.

I don't agree with your assertion that gas will keep rising. Apparently, Americans find other things to do when gas hits around $4.00. The market can take care of it'self.

 

John Boehner left town to play golf



talk about disingenuous


The Republican leader has been absent since the GOP protest began when Congress adjourned for the summer recess last week. He might join colleagues on Friday.

Boehner spent some time at the Wetherington Golf & Country Club in West Chester, Ohio this week, the Post said, citing scores posted online by Boehner himself. He also participated in a golf tournament held in Muirfield Village Golf Club in Dublin, Ohio to raise funds for his political action committee, Freedom Project.

 

We didn't begin ten years ago, so that is speculation and a mute point.

I guess it depends on what you call work. If you mean physical work I started before 12 working on the farm. And you logic on my logic is way off target and silly. My main point, which I guess you missed, is that politicians use this and other issues for their own good and not ours. We live in a world of constant campaigning and a "I must win and you loose" world. Sad to say, but true. Thus, politicians on both sides are much more concerned about helping themselves be elected than they are about helping you or me.

The demand from China and India will continue to grow. The demand from other countries will continue to grow. If we were betting men I'd give you odds that gas will be at least double in ten years, if not more. Now, as I am not a youngster I cannot guarantee that I will be around to see if that is true or not ... hope I am.

 

Actually, it was me pointing out how your post is the red herring. If we never start, we will never benefit.

No, it's right on. Your's is the silly point, and I may add, it is against the obvious will of the American people, which is supposed to be the one thing they worry about, in Washington.

I think there are a few good ones left, like the ones demanding our voice be heard, and this put to a vote.

Your point was to say we are ten years away from any benefit, so let's not bother. That's what it seems to be.

I don't care about China's demand, save to say perhaps our oil on a global market will be a great thing for all involved.

 

Especially when one considers that the people who moan about it taking ten years are the ones responsible for it taking that long.


http://biz.yahoo.com/ibd/080718/general.html?.v=1

Oil prices are influenced by futures markets -- where people buy and sell future supplies of oil. Futures prices are now higher than spot prices, a signal that supply is tight.

If we have the will to drill, we can break the negative market psychology and send oil tumbling back below $100 a barrel.

Just a little talk from President Bush last week about pushing for more oil supplies helped push oil prices down more than 10% to below $130 a barrel in just five days, even though a drilling ban remains in place.

The widely respected Cambridge Energy Research Associates estimates speculative bidding accounts for about 20% of the price of oil. The promise of more supply would help cut prices.

Breaking the continuity of thinking about supply also affects existing oil producers.

A big one, like Saudi Arabia which has spare capacity, will have more incentive to pump if it thinks it will lose markets. That's what drilling in the U.S. would do -- threaten Saudi Arabia's and OPEC's market dominance, and force them to pump more.

All that stands in the way is a Congress that, ironically, calls a 10-year production window too long, even as it's bankrolled by the very environmental special interests responsible the delays.

 

I'd suggest that you read/listen to something/someone other than just the Democratic Party's talking points. Oil industry experts (Geologists and Engineers) say that we could be producing and refining US oil in as little as 2 year to as much as 7 years depending on the location of the new wells. Now, who do you think knows best how to produce oil, the oil industry experts or Democratic Politician pandering to their enviro-liberal socialist base?

The Dems may well be "playing loose" as you suggest. However, the House Republicans are taking a leadership role on this issue because they understand that 71% of the US population now favors drilling for and producing US oil. They are calling on the Dems to come back to the Congress and at least have a vote on the legislation that would accomplish the will of the American people.

Just think what the oil market would look like today if we had started drilling/producing back in 1996 when President Clinton vetoed the legislation that would have allowed it to happen.

The whole line of argumentation is nonsense. Look at our own history. In 1942, following the sinking of the U.S. Fleet at Pearl Harbor, US industry kicked into high gear to solve a problem. At that point we did not have the necessary military materials required to wage a world war. They work three shift per day, 24 hours a day, seven days a week. They produced about 17.5 years worth of materials (work output) in about 3.5 years. Do you really think that US industry could not do the same thing now to get us out of the current energy crisis?

 

No but if the democrats wouldn't have blocked it when Bush came into office it prices would have been down by now... but NOOOO...

Gotta save the stupid polar bears!

Pelosi and her ilk make me sick...

They are soooo stupid

 

It goes back farther than that...

President Clinton vetoed the legislation that would have okayed drilling in ANWAR etc. Just think what the oil market would look like today if President Clinton had not pandered to the enviro-liberal socialists.

 

See New Post

See new post titled, Pelosi Liberalism is trickling down to Southern California

 

Well, I'm a Democrat and I don't support Pelosi in this. I think she is wrong!

 

Are you one of those "blue dog Democrats" statisticians talk about?

 

I don't really know what hue of democrat I would liken myself to.

 

Always nice to see people from either party that will break from what is obviouly bad policy.

I would add a further note: It's not just the bad policy regarding the drilling...it's the steadfast refusal to look into the option of Nuclear energy.

 

I agree with you here!

 

News Flash!! ??

What?? A politician is being disingenuous??

"Say it isn't so, Ethel!"

Ed