Showing posts with label oil prices. Show all posts
Showing posts with label oil prices. Show all posts

Friday, August 01, 2008

Pelosi blocks offshore drilling vote GOP wants

Fill up today and thank Dems for the price.
Bush just TALKED about drilling more and gas went down over $9 a barrel.
You get both the House and Senate to get a law passed and most experts agree a gallon of
gas would get close to $2 a gallon by the end of the summer.

Obama's 'emergency' economic plan

Obama's plan is basically to tax oil companies and give it to you...or socialism for short.

Obama announced his plan for a windfall profits tax on oil companies on June 9 in Raleigh, N.C., as he launched a two-week economic tour after clinching the Democratic nomination.

It is amazing how people do not understand economics. Oil companies and drug companies are in the same boat. They spend millions and even billions on research to either make new drugs, or find new ways to drill.

Why would ANYONE risk the money if they are not allowed to collect when that pill or that new technology works out. You get companies now willing to take the risk when the reward is taken away.

And govt still make way more on a gallon of gas than the oil companies.
Blame big govt and big liberalism for high gas prices.

Saturday, July 19, 2008

THIS IS NOT A DRILL

And the master speaks:

Highlights:

Speaker of the House Nancy Pelosi, or as she is called on the Big Dogs blog, "the worst speaker in the history of Congress," explained the cause of high oil prices back in 2006: "We have two oilmen in the White House. The logical follow-up from that is $3-a-gallon gasoline. It is no accident. It is a cause and effect. A cause and effect."

Is that why a barrel of oil costs mere pennies in all those other countries in the world that are not run by "oilmen"? Wait -- it doesn't cost pennies to them? That's weird.

What a disaster having people in government who haven't spent their entire lives in politics! That explains everything. A government official with relevant experience or knowledge about an issue is obviously a crisis of gargantuan proportions. This must be why the Democrats are nominating B. Hussein Obama, who finished middle school three days ago and has less experience than a person one might choose at random from the audience of "American Idol."

Conservation, efficiency and using oil we hold in reserve for emergencies does not get us more energy. It's as if we were running out of food and the Democrats were telling us: "Just eat a little less every day." Great! We'll die a little more slowly. That's not what we call a "plan." We need more energy, not a plan for a slower death.

But there's more! Pelosi announced that the Democrats also plan to push for "an historic investment in biofuels, efficiency, conservation and the rest." The "rest" is apparently what she called our "important and essential" investment in alternative energy. That certainly would be historic: We would make history by throwing our money away on unproven energy boondoggles that have eaten up untold billions since the 1960s without producing a single net kilowatt of power while we all starve to death. The proposal to use energy sources that don't yet produce any energy is like the old New Yorker cartoon with Obama in Muslim garb -- no wait, that was a different cartoon. The cartoon is: A scientist has written out his extremely complicated theory on a blackboard and is showing it to another scientist. The theory consists of numbers and characters and takes up the entire blackboard. About two-thirds of the way across, reading left to right, appear the words, "then a miracle happens," followed by more numbers and characters.

Democrats are also alleging that the oil companies are sitting on millions of acres of oil but are refusing to drill -- presumably because oil company executives hate the American people and perversely don't want to make money. Manifestly, those acres are being explored for oil or have already come up dry.

If the Democrats really wanted oil companies to find more oil, they'd allow oil companies to drill offshore and to drill in ANWR, which we happen to know is bursting with oil. But they don't. They don't want drilling. They don't want more oil. They want humans to ride bicycles and then to die. We deserve it: We were mean to the polar bears. It's good to know that in the middle of a crisis, the Democrats are still liars. As long as we're fantasizing about "alternative" energy sources, what we really need is a car that runs on Democrats' lies.

Tuesday, July 15, 2008

Bush Says Drill, Drill, Drill — and Oil Drops $9!

Perfect quote from the article...and it shows why we need to keep Dems out of power...unless you want to pay 10 bucks for a gallon of gas, cause a depression and the loss of millions of jobs:

Democrats keep saying that it will take 10 years or longer to produce oil from the offshore areas. And they say that oil prices won’t decline for at least that long. And they, along with Obama and McCain, bash so-called oil speculators. And today we had a real-world example as to why they are wrong. All of them. Reid, Pelosi, Obama, McCain — all of them.

The congressional ban on offshore drilling expires September 30, so that becomes a key date. A new report from Wall Street research house Sanford C. Bernstein says that California actually could start producing new oil within one year if the moratorium were lifted. The California oil is under shallow water and already has been explored. Drilling platforms have been in place since before the moratorium. They’re talking about 10 billion barrels worth off the coast of California.

inflation adjusted price of oil


I just think it is interesting to see how much oil costs today when you take inflation into account...it makes is suck slightly less..

But based on that chart the world oil market has been up and down since 1972.

What happened starting in 1972?

before that is was stable

and it was still cheap between 1996 and 2004.

Oil Sinks Below $139 on Worries About US Economy

One line is very interesting as to why oil is down so much today:

Restored production in Brazil despite a strike and a restarted pipeline in Nigeria also helped pressure crude after the weak dollar earlier had pushed crude prices above $146.

So these two things caused oil down over ten bucks a barrel, but liberals try and tell us that putting millions of barrels in the world market will do nothing.
If congress passed a bill letting drilling start up again gas would immediately be down to 100 bucks a barrel.

Thursday, June 26, 2008

Gas could fall to $2 if Congress acts, analysts say

Once again, liberals are directly negatively affecting your lives.
They are making your gas twice as high as it should be...
They don't let us drill
they don't let us refine
They don't like the fact we use gas at all as has been proven by liberals comment on this very blog...

McCain proposes something that can help the economy better than any other plan mentioned...and it is shot down by Obama.
I know Obama thinks taxing the crap out of companies (who create jobs) and rich people (who spend lots of money) will fix everything.
Just remember that every single thing that liberals have EVER introduced has hurt anyone who wants America to be a better place...a place where the responsible are not constantly punished.

Because of the failed thought of liberals your gas is 4 bucks a gallon...period

Republicans introduced a bill to drill in Alaska ten years ago, it would be online NOW.
Liberals complain that we have to use alternative fuels and energy...While that sounds good, they have been saying that for 40 YEARS...how long are we going to wait for them to get their act together...how long can you let your gas get more expensive, how long can you let the economy and quality of life in America deteriorate...

Liberals then show they don't have a clue and put up graphs and charts showing that more drilling is only a small percentage of oil produced...this article shows that (as with most things) a liberals simplistic thought process is a detriment to the cause.

If the US showed the world they were going to stop being brain dead and use just a small amount of common sense the rest of the world would figure out they couldn't keep inflating the price of oil since the United States was going to stop listening to the hippies and use its own resources.

Just think if you told our founding fathers what the hippie environmentalist liberals created a climate where we can't use our own energy resources and have to get it from other countries...
They would have laughed you out of the building.
But this isn't funny.
Wake up America
Stop allowing liberals to hurt you directly, personally on a daily basis.

Monday, June 23, 2008

McCain offers $300 million for new auto battery

I'm one step closer to being an actual McCain supporter and not just a BHO hater...

I thought of something like this two months ago...but it was a little different.
I said the first car company who can make a car that runs with NO oil, is safe and cost effective doesn't have to pay taxes for 5 years.

See, here is McCain giving another actual idea toward a solution to a problem.
That is much different than BHO who just spews out 1970's Carter and dirty hippie talking points that didn't solve anything in 1970 and they will do nothing now.

McCain plan: drill now while trying to get new technology
BHO plan: Raise taxes and bitch.

Wednesday, June 11, 2008

Senate GOP blocks windfall taxes on Big Oil

Good.
I know the easy thing to do is blame oil companies.
I have tried to explain why oil companies are making more money, but some here don't seem to have enough upstairs to understand this easy concept.
But this is how liberalism works, you play off people's emotions and look for easy, big-government regulated answers.
It is not that easy.
This is not hard to figure out:
1. If you tax a business, what are they doing to do: Raise prices to get back that money lost. So when they tax the profits of a company, they are raising your taxes.
2. Oil companies have nothing to do with the price of a barrel of oil, that is controlled by GWB (jk)...that is controlled by supply and demand. Since environmentalist idiots have made sure we have no increased supply, the fact that demand has gone through the roof makes the price go up.
3. There is nothing we can do about the fact India and China are taking up more and more of the worlds oil.

Here is what we SHOULD do:
1. Drill for our own oil.
2. Look for ways to use less oil
3. Build more nuclear plants.

Now, liberals will argue that it will take years to drill and build plants...well, Clinton vetoed a bill to drill in Alaska 12 years ago...we would be getting that oil now.