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Tuesday, June 10, 2008
Chuck Norris :: Townhall.com Columnist
Congress, Get Off Your Gas, and Drill
by Chuck Norris
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Last Thursday, oil prices increased $5.50 per barrel in one day. Last Friday marked the biggest single-day surge in oil price history, rocketing $11 more to $138 on the New York Mercantile Exchange. In just two days, oil costs increased 13 percent.

Average Americans literally are driving to the poorhouse on financial fumes. With gas at $4 per gallon, roughly two cars in every household, and the average annual gas usage at 700 gallons, you do the math. Americans are being forced to use their hard-earned money that once put food in their stomachs to put petroleum in their tanks and to drive the exact same distances they drove a decade ago for four to five times the price.

As oil and gas prices skyrocket, Congress continues to play the blame game. In April 2006, with the Democrats poised to take over Congress with Nancy Pelosi at the helm, she released a statement saying, "With skyrocketing gas prices, it is clear that the American people can no longer afford the Republican Rubber Stamp Congress." She followed that with a commitment, "Democrats have a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging." So, has the Democrats' common-sense plan worked? Average gas prices were about $2.50 a gallon at the time. Now they're $4 a gallon and rising. Some crackdown plan.

Look at the energy chaos that our government has allowed. While we remain at the mercy of oil companies, cartels and OPEC, our government has tied the hands of states and citizens to tap even temporary energy relief from our own land. Here are a few key vistas on the oil and energy landscape:

-- Though we have more oil in the shale of Colorado, Utah and Wyoming than there is in the Middle East (800 billion barrels), liberals and environmentalists have made it illegal to touch it.

-- It's illegal to drill in northern Alaska's Arctic National Wildlife Refuge or off the coasts of Florida or California.

-- It's illegal to explore the Atlantic Ocean for oil.

-- It's illegal to explore the Pacific Ocean for oil.

-- We're not receiving leases anymore to drill in the Gulf of Mexico, while China, Venezuela and Cuba are.

-- We haven't built an oil refinery in more than 30 years and have reduced in half those we have.

-- American airlines are in danger of going out of business.

-- American truckers are being stranded on the sides of roads.

-- American commuters are going bankrupt trying to travel back and forth to work and are being forced to work locally for lower wages.

-- There's enough natural gas beneath America (406 trillion cubic feet) to heat every home in America for the next 150 years, but we can't tap it all.

-- We have the largest supply of coal in the world, but it's Germany who is planning to build 27 coal-fired power plants by 2020.

-- Etc.!

Bill Clinton once said, "We just have to slow down our economy and cut back our greenhouse gas emissions 'cause we have to save the planet for our grandchildren." That is the type of mentality that got us in this trouble. We're saving the planet but killing our economy and nation.

Congress needs to take some practical steps now to stop the insanity at the pumps, reduce our dependence on foreign oil, open up some temporary energy production avenues for economic relief (such as shale development), and focus more on developing alternative energy (coal, natural gas, hydrogen, solar, nuclear, wind, etc.). There is simply no reason or justification for us to be dependent on foreign fuels that we can produce in our country.

If you're sick and tired of giving away $2 of every gallon of gas to foreign dictators -- making other oil-producing countries, cartels and tycoons rich beyond their imagination -- and watching the federal government flail for energy solutions and bow to international powers -- all of whom are sucking the very life out of the American people, economy and threatening national security -- I implore you to sign and pass along the petition at Newt Gingrich's "American Solutions for Winning the Future" Web site (www.AmericanSolutions.com). We're hoping to send millions of signatures to Congress demanding an immediate emergency session and resolution to our economic and national security crisis revolving around soaring oil and gas prices.

Our message: It's time to drill here and drill now! The petition is simple. It states, "We, therefore, the undersigned citizens of the United States, petition the U.S. Congress to act immediately to lower gasoline prices (and diesel and other fuel prices) by authorizing the exploration of proven energy reserves to reduce our dependence on foreign energy sources from unstable countries."

Speaking of unstable countries, did I mention that Iraq's oil minister just reported oil production is at prewar levels (2.5 million barrels a day), yielding earnings for Iraq of $28.5 billion in just the first five months of this year? What that means is soon we likely will be dependent and in debt to yet another Middle Eastern oil-producing country that we've helped stabilize and become wealthy while ours is going straight down the tubes.

Congratulations, Congress; you're failing us completely.

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Chuck Norris is a columnist and impossible to kill.
 
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Clinton quote is out of context
Mr Norris, Sir,

Great Column! I give it a 5!


One critique - Bill Clinton's quote "We just have to slow down our economy and cut back our greenhouse emissions because we've got to save the planet for our grandchildren." was made as an example of how NOT to approach our energy policy. I'm no Clinton fan, but he was not advocating the slowing down of our economy - he was criticizing it.



I loved fark's link to this column:
Dear Congress: If you don't get us more oil I will personally stomp each and every one of you headfirst into the ground in the Alaska National Wilflife Refuge. Love, Chuck Norris

America Voted for "Change" in 2006
and we got it. A Democratic congress.


They won't do it...
...unless we make them. There is going to be another armed revolution in this country sooner rather than later. When people feel they have no control over their lives and their livelihood and that of their families is in jepardy and that the government refuses to do the right thing, they will revolt. Fortunately, I'll be on the winners side.

AWESOME Chuck!..Beck gave Clinton quote
Glenn Beck used Clinton quote as his policy of HOW TO approach enegry policy-- May 21, 2008 http://www.glennbeck.com/content/articles/article/196/1028 3/

Great article Chuck!

Chuck ADDS at WND...
Chuck ADDS on his World Net Daily article... http://wnd.com/index.php?fa=PAGE.view&pageId=66557

"Meanwhile, in the Senate, they are going to discuss this week a cap-and-trade system, something that Obama and MCain both support. The main problem is official estimates say that it will increase gas by another $1.50 a gallon. Or as Newt Gringrich said in an interview recently with Glenn Beck, "It should be called 'Raise prices and destroy jobs' because that's what it will do. It's going to raise the price of gasoline; it's going to raise the price of diesel fuel for truckers. It's going to raise the price of aviation fuel for an already ailing airline industry. It's going to raise the price of heating oil. It's going to raise the price of natural gas, and it's going to raise the price of coal."

"From the steady decline in the value of our dollar, to trade deficits and oil dependency, our sovereignty is being sold out from underneath us. Might I remind the federal government what one of their original and primary charges is: to protect the American public from the tyranny of foreign powers – which is exactly what is happening through others' financial rule over us. It is sucking the life out of our economy. And Congress is virtually standing by and watching it happen.


RickyLS, Glenn Beck also
took Clinton's quote out of context.

Here is the context:


"Everybody knows that global warming is real," Mr. Clinton said, giving a shout-out to Al Gore's Nobel Peace Prize, "but we cannot solve it alone."

"And maybe America, and Europe, and Japan, and Canada -- the rich counties -- would say, 'OK, we just have to slow down our economy and cut back our greenhouse gas emissions 'cause we have to save the planet for our grandchildren.' We could do that.

"But if we did that, you know as well as I do, China and India and Indonesia and Vietnam and Mexico and Brazil and the Ukraine, and all the other countries will never agree to stay poor to save the planet for our grandchildren. The only way we can do this is if we get back in the world's fight against global warming and prove it is good economics that we will create more jobs to build a sustainable economy that saves the planet for our children and grandchildren. It is the only way it will work.





I would prefer that my side (those who believe this AGW alarmism is a hoax, and CO2 is not a pollutant) use good arguments. There are so many quotes to go after the kooks with - so why take this one out of context and just get shot down for it?

Last Friday on Krauthammer's column,
a TH poster named SteveL wrote the following:

"Right now, much of the oil drilled in Alaska is refined and shipped to the Far East, not to the United States.

There is no "American oil market." There is one big global oil market, and any oil drilled in ALaska just goes into that big pot. It then gets dispensed to whoever on earth pays for the refined products. And in the global scheme of things, the oil drilled in Alaska is just a drop in the total bucket. Hence it will have little effect on WORLD oil prices.

I don't know how many times I have to keep explaining this simple point. ExxonMobil does NOT sell just to the United States."
------------------------------------


Why does everybody think that Exxon drilling in Alaska will result in lower gasoline prices? Exxon is out to get the going rate (and more). Exxon and Mobil do not have AMERICAN interests at heart; they are global, they are interested in business & profits. This is a GLOBAL ENERGY MARKET. Gasoline prices are not going to appreciably fluctuate (this only happens when crude prices spike up $11 a barrel in a single day, as happened on 6/6/08).

Conservatives are naively treating ANWR as a panacea and a Xanadu. IT ALONE holds the keys to american energy independence. And, in reality, drilling there will not affect gas prices by more than a few cents a gallon.

Republicans
most be stupid. They could win in a landslide if they would only ALL come out in favor of drilling for oil everywhere we could to help satisfy the demand in this country. This is the most crucial point in the campaign and where are the republicans? On the sidelines. They should be hammering home it is the democratic congress that is refusing to allow us to get to our own oil. I think the American people are feed up with the current oil drilling restrictions. Come on Republicans, shout loud, clear, and often about providing for our own energy by taking all means possible to provide more. They could bring up a bill in Congress and let the Democrats shoot it down and then use it to hammer home the point it is the Democrats that are preventing us from having enough energy resources.

Chris...Clinton quote IS IN CONTEXT...
I heard it. The nuance and inflections Clinton used show'd he was in the end endorsing "slowing down our economomy and cut back on greenhouse gas emissions to save planet".

He says...."We could do that" (ENDORSEMENT) then..."But if we did that (COUNTER)
then..."The only way we can do this [ENDORSEMENT] is if we get back in the world's fight against global warming and prove it is good economics that we will create more jobs to build a sustainable economy that saves the planet for our children and grandchildren. It is the only way it will work."

See also commentary at http://blogs.abcnews.com/politicalpunch/2008/01/bill-we-ju st-ha.html

Thanks for fighting the gas war Mr. Norris!


Congress:drill now or get out of DC
How to lower oil prices and cut dependence on foreign energy:
Drill here in the US.
Drill in the Pacific.
Drill in the Gulf of Mexico.
Drill in the Atlantic.
Build more refinery capacity.
Build more nuclear power plants.
Build a coal to gas and coal to liquid industry.
Increase wind, solar, geothermal and hydroelectric capacity.
Bury cap and trade legislation.
Bury oil windfall profits legislation.
Vote out anyone who opposes any of the above without respect to party.

McCain
"I'm going to be honest: I know a lot less about economics than I do about military and foreign policy issues. I still need to be educated," McCain told the Wall Street Journal in late November, 2005

-------

In December he said, "The issue of economics is not something I've understood as well as I should," as the Globe reported on its "Political Intelligence" blog at the time.

-------

"What are those qualities that you don't -- that you wouldn't mind complementing?" asked David Brooks, a columnist for The New York Times.

McCain paused. "Uh, maybe I shouldn't say this, but, somebody who's really well grounded in economics," he said.

-------

"They are complicated," McCain said of economic issues, "and I freely admit I am not an economist."


confusing quote
Carol Chase, I don't blame you for being confused over what Clinton meant. After all, this is the same guy who had trouble over the meaning of the word "is".

But give the parsing philanderer credit - "slowing down the economy" is the opposite of "create more jobs and build a sustainable economy", which is what he was endorsing in the full quote.

Why the huge effort to twist his words around when there are some many other quotes from these turkeys laying around waiting to be shoved down their throats?



Note that Glenn Beck also realized that he originally took it out of context, saying: "...That's what we played yesterday. However, if you look at the text of the entire speech, that is taken out of context. What it is, and actually it's horrible, and I apologize for it ever getting on the air in this context."

look it up...

Bakken formation
The Chuckster forgot to mention the huge Bakken formation in western North Dakota and eastern Montana. In what appears to be the most reasonable assumptions, there could be as much as 300 billion (with a B) barrels of oil there. And it's OUR land. I'm not terribly familiar with that part of our country, but it doesn't seem to be all that valuable as a tourist destination. Why don't we use it to produce cheap domestic energy and relieve part of our dependence on foreign oil?

I'd love to see someone ask Nancy Pelosi about it. I love watching that dumbstruck look on her face.

Supply and Demand, will
at 12:57 Will wrote "Why does everybody think that Exxon drilling in Alaska will result in lower gasoline prices"

This is basic supply-and-demand. As supply moves up relative to demand, the price point moves down.

The world produces and consumes around 80 million barrels of oil every day. Because oil is so critical to the world economy, the price point rises very quickly when demand rises faster than supply. In other words, gas has to get very expensive before people will decide to use less. But this also means that just a little extra supply can bring the price down just as sharply.

I read somewhere that "they" thought the Saudis could drop the price of refined gasoline in the USA by over 50 cents just by pumping and extra million barrels per day. Who knows if that number is right - but the point is that every little bit helps, and it doesn't matter much where it comes from as price is concerned.

Yeah but
The media won't expose how environmental extremists are causing a world crisis.What's worse is McCain isn't that big a fan of drilling because he's trying to win over some liberal independents.McCain has spent his whole career sucking up to the liberal media to curry favorable coverage and of course little by little they'll do eveything to sabotage his campaign.Even if some drilling got approved the environmental activists would tie it up for years with phony environmantal impact studies looking for so called endangered species.

To will, SteveL, and other communists
Yes there is a world market and yes drilling here and putting more oil on the market will lower the price. We have frozen out drilling and refineries here for decades and we are paying the price, not only with a short market but with a falling dollar as well. Anyone who believes that witholding drilling doesn't increase prices is either insane or simply lying.

The commiecrats are supposed to vote today on a 25% windfall profits tax on the oil companies. They must really think that voters are stupid. Of course, they are used to stupid voters because that is the only type of voter they have.

Democrat controlled Congress
has been in office for less than 2 years and nothing has been accomplished. Is this the big CHANGE that they were bragging about? Are they trying to hurt President Bush, America or both?
This mess IS slowing down our economy.

It is an impossibilty and unrealistic to assume that you can switch to alternative energy overnight.

This is ridiculous..... DRILL FOR OIL NOW!

Tell everyone you know to sign the petition.








Chuck = whiner
"Our message: It's time to drill here and drill now! The petition is simple. It states, "We, therefore, the undersigned citizens of the United States, petition the U.S. Congress to act immediately to lower gasoline prices (and diesel and other fuel prices) by authorizing the exploration of proven energy reserves to reduce our dependence on foreign energy sources from unstable countries."

You silly folks drive the dollar down, destabilize the Middle East and now you cry and whine because the price comes due. Guess what? To paraphrase the Saudis get your own house and economy in order and stop being a cry baby. I mean who could have believed that a sitting US president would go on bended knee to a Saudi prince and beg - pitiful. Giving you more only will only feed your disgusting excess to quote your fearful leader Bush the torturer the US has a dangerous addiction to oil - well fix it. Giving you more cheap oil will only worsen the addiction. You have endangered national security enough

Let's March on Washington!
I think Chuck Norris should lead a march on Washington and close Congress down until it starts working rationally. The liberals and the environmentalists are hellbent on destroying our economy and our country because of their nonsensical notions about Global Warming and Gaia.

When I think of a liberal or an environmentalist I think of Al Gore, a man so limited in intellect that he couldn't make it through divinity school. Most liberals don't understand basic economics, or don't want to, they just want to feel good, no matter how much havoc they create in our country and in our world.

Liberals are the bane of the modern world, emotionally indulgent and very, very limited in rational intellect. Sooner or later this country to survive will have to vomit them up and clean up the mess.




JUST THE FACT
Gov. taxing is THREE times the oil co. profits!!!
Unless all the people in USA know that the ONLY reason for high gas prices is liberal/green idiocy, that nonsense will continue.
AND YES, WE DO FINANCE THOSE WHO HAD PROMISSED TO KILL US.

Gas Prices
One of the reasons gas prices are up so high is all the talk about war with Iran.

The jump in oil prices... but it was driven in part by an increase in what oil traders call the “risk premium.” When buying and selling oil, traders don’t just look at today’s supply and demand.

Mofaz, a former military chief, said in a newspaper interview last week that Israeli strikes on Iran looked "unavoidable" .."

"The remarks helped drive up oil prices by nearly 9 percent to a record $139 a barrel on Friday and drew a circumspect response from Washington, which has championed U.N. sanctions against Iran while hinting that force could be a last resort."

Hal, Hal
You and other communist backers haven't the brain god gave a goose.

30+ yrs ago Al, the Greeners & the communist(dems) "leaders" stopped the drilling and building refineries in order to get the price up and force us to use less oil.

And they have had that 30yrs to help come up with alternative energy, but have all but destroyed this country in the process.

Chris...you're defending a WAFFLER??!
Can't you see a typical Clinton WAFFLE when it's right in front of you??? You ask me what you should be asking Clinton, "Why the huge effort to twist...words around?"

Quote the ENTIRE quote...

You wrote... "'slowing down the economy'" is the opposite of "create more jobs and build a sustainable economy"...

The ENTIRE Clinton quote says different..."we just have to slow down our economy and cut back our greenhouse gas emissions 'cause we have to save the planet for our grandchildren." IS THE SAME AS "if we get back in the world's fight against global warming and prove it is good economics that we will create more jobs to build a sustainable economy that saves the planet for our children and grandchildren. It is the only way it will work."

What Clinton was saying in his waffle seems confusing but he's NOT fighting for focusing upon economy but staying the course by preserving the stand as an environmentalist. To elaborate but not put words in his mouth, he's just repackaging in his 2nd statement what he said in his 1st (bececause he figured out in an instant that he couldn't say 'slow down economy'--that's why he kept talking and started his typical waffling!).

Clinton is NOT focusing on economy in either statement but environment--he's not focusing on creating jobs in small business and corporate America but by continuing to focus upon preserving the environment.

What makes more sense? That Clinton is defending Republicanism (building up the economy) or that he's doing his typical Democrat waffle (preserve the environment and hope economy works out)? You're defending his waffling! Think about it!

Beck and Norris DO NOT need to retract their statements--if they do, they are ONLY saying the "King of Wafflers" beat them again with his words.

pandm
Environmentalist made the cost of refining go up, but hardly cost prohibitive. The Oil companies made larger profits than ever the last few years and the CEO's made billions. If you lived in California, where the air quality was so bad there would be days children where told not to play out side, you might see the need for refinery regulation.

Carol Chase
You got that quote from Hot Air of some other rw place.

" Clinton did not say that "slow[ing] down our economy" was "what the U.S. and other industrialized nations need to do" to fight global warming.

Rather, as Clinton's full quote makes clear, he said that "rich" countries could take that approach, but then he stated why he thought it wouldn't work and asserted that the "only way" to fight global warming is to prove that doing so "is good economics that we will create more jobs to build a sustainable economy."

Supply and demand folks
Increase the supply and the price will go down. Decreace the supply, and the price goes up. Drilling - even if it goes into the world pot - increases the supply,driving the price down.
It's kinda like one of my contracts I work. The company approached me to lower my price, in exchange for more work volume. I agreed, and now have more work than I can handle. Increase gas, price goes down, because there is too much gas on the market. Gotta unload it, to make a buck. First guy who lowers the prices, sells the most. Get it?

Environmentalism
We need someone with deep pockets to go after Al Gore. He is beyond free speech (Screaming fire in a theater). If a law suite were initiated, we could finally get the truth out that Global Warming and Climate change are a fraud. If this were to happen it would ruin a lot of political carreers and put an end to environmentalism.
Hey Taft; Move if you don't like the air in california. They have been playing the same game there for decades and I have seen no improvement.

So many illinformed voters
will vote for Obama and the democrats not knowing many of the ills facing them result from past democratic political actions "coming home to roost."

High oil prices, food inflation,increasing costs of medical care, high prices in almost every object, food or service have democrat roots in the past but Bush is blamed.

Democrat resistance to taking strong action to correct the bankrupt social security sytem is further testement to the failure of government but democrats want more. Democrat support of teachers unions is a factor in the poor education being produced in these government controlled schools.

Victim philosophy has produced voters who feel aggrieved and hopeless. I could go on, but you get the point. And voters will vote democrat for a "change" resulting from democrat actions.

Kimberly
I have 8 kids. They don't fit in a golf cart. My husband has a full time job, 30 miles away. I have a part-time contacting business where travel all over Northern Utah. We conserve, I use those canvas baggie things for groceries, we grow a large garden every year and can, we recycle. We care about our environment. BUT, we can't support any type of lifestyle at all, by sitting home because gas prices are out of this world. We can drill responsibly. this is not 1970. We are now saving less, when this is a time we must be saving more. Take your tears elsewhere. We in the REAL world, want a clean environment, but we also want to enjoy a decent lifestyle.

This congress
will not act on anything that could possibly benefit America until after the election. They want their guy in the White House, and so will act (and not act) to make things really bad from now til Nov.
It's the only way they know to win for themselves-screw America.

sandrob
When I first came to California from Nebraska, over 20 years ago, the air was much worse then. And, why pick on gore so much about GW, the rest of the world believes in it, and all out allies.

thinker
"Reply # 7
....Unless all the people in USA know that the ONLY reason for high gas prices is liberal/green idiocy, that nonsense will continue...AND YES, WE DO FINANCE THOSE WHO HAD PROMISSED TO KILL US. "

What part of endangers national defense don't you understand. US gourging on oil not only finances our enemies but exposes the entire country to real blackmail. If we produce more energy we will comsume more energy until we can limit demand drilling anywhere is stupid. Consumes a strategic reserve (that is what ANWR, the coasts etc are) for time of real war. To endanger the entire country because you are unable or unwilling to control yourself is plain stupid.

Taft
I grew up in CA. I know what the air was like. in the 60's 70' and 80's. But that had little to do with drilling and refining, and more to do with vehicles that were not clean.

Qweenmumof7
"Reply # 4
...I have 8 kids. They don't fit in a golf cart. My husband has a full time job, 30 miles away. I have a part-time contacting business where travel all over Northern Utah.
... We in the REAL world, want a clean environment, but we also want to enjoy a decent lifestyle."

You will have to change that lifestyle because it simply doesn't work. We are subsidizing your lifestyle but since it is damaging national security perhaps we should stop?

Qweenmumof7
"...But that had little to do with drilling and refining, and more to do with vehicles that were not clean. "

The refineries in the LA basin were bad very bad polluters.

Congress
The price of oil is driven by supply demand and the perception of supply and demand.

The perception that we are running out of oil or that countries unfriendly to us hold a gun to our head creates the volatilty we have seen in the markets. Congress exacerbates this by fiddling around with "cap and trade" and carbon capture foolishness.

Today, America is the most efficent user of energy in the world. That is, we produce more goods and products per barrel of oil than anyone else. That makes us the most environmentally friendly country in the world.

I would like the environmentalists to explain that it is more ecofriendly to drill in Nigeria where every other day a pipeine is blown up resulting in real environmental damage that is not cleaned up versus drilling in the USA under the strictest enviromental laws in the world.

Finally, in 2002, I went to Europe. The Euro was 1.3 to the dollar. Gold was $325/oz. Oil was $30/barrel and gas was $1.40.

Although Congress should be horsewhipped into opening more areas for drilling, Bush, Paulson (Treasury Secratary) and Alan Greenspan should also be pilliored for letting the dollar weaken to todays levels.

If Congress gave the impression they were going to allow drilling in this country and Bush,Paulson, Bernanke would beat the drum on a stronger dollar, oil would drop $20-$30 in one day on its way to a realistic cost of $60-$80 per barrel.

The solution is as simple as the problem. We need to change the perception that oil is dear and that the greenback is weak.

Unfortunately, I don't believe the people in Washington care about anything but staying there.

The real answer
We should round up all the communist/eco-idiots like Kimberly, Taft, Cam, HalD, and all the rest. Put them on a reservation surrounded by a 20 foot moat infested with “organic sharks”. Give them a mule and a month’s supply of food and tell them to start farming.

Meanwhile the sane people can take back control of the country and restore it to the values of 1789.

Our World
Hi Chuck,

I am glad that someone can and does stand up for us, ( We The People ) that are forgotten among the rich and famous. I believe that our world is coming to it's great demise as fortold in the Bible and there is no stopping it, I think that it was slowed down some 20 yrs. ago. But, now back on it's course. If we had a good president that really read God's word and applied it. Then we may have seen some changes and a slow down of things to come. But, seriously, how long do you think that God will let things go on as they are? A question for you Chuck, why didn't you run for president, yourself? We sure haven't got much to chose from this time, but McCain is the best choice I have seen so far. Again thank you and God Bless !!

Tanks Indeed
"Americans are being forced to use their hard-earned money that once put food in their stomachs to put petroleum in their tanks..."

Some of the cars Americans have been driving are about the size and weight of a small tank. They get about the same gas mileage, too. I agree with every word of Mr. Norris' article but I will be very happy to see the end of the giant, sluggish, unmaneuverable SUV. Also putting a little less food in most American's stomachs wouldnt be such a bad idea. Hey, the American public voted these jerks into office didnt they? they've bought hook, line and sinker into every stupid big-government giveaway program and restriction on energy production in the name of solving a problem (Glo-Bull Warming)which doesnt exist. There's talk that this is a Big Democraptic Year. The Marxist at the head of the Dem ticket is the odds-on favorite. Americans want to live in poverty-- they're voting for it in record numbers. They deserve it.

Taft
I agree with you on Cal. as i have traveled out there many times.

But people drive so fast and waste millions of gallons of gas.--They do so in Ind. too.

As far as the Ceos, they don't make billions of dollars, the do make millions tho & have given Obama gobs of money.

If all the profit oil cos. made was confiscated, it would reduce gas by on 15 cts a gallon.

Hal
Born in Southgate, raised in Maywood, Long Beach and OC. Sorry, don't buy it completley. Can and drill and refine responsibly. And we should do it today.

WAY TO GO CHUCK

.....You have just become my favorite Action Movie Hero ...what Congress needs is a good karate kick upside their head ...

.....As a caveat ...all domestic energy reserves should be for American needs only ... half of the oil on the North Slope is sold to Japan ...also we should not import oil that is not produced in this hemisphere ...let the Middle East find another customer ...we don't need them ...

.....The World oil market is not free when a group of oil producing countries can form a Cartel to control supply and hence "price" ...

.....Our Government can make us energy independent if they want to ...but it is up to us, the American citizens, to make them "want" to .....ask Congress to give you a hearing Chuck, as a representative of the American citizen ...I would love to watch that hearing .....COLOSSUS

Hal
Your subsidizing MY lifesytle? oh please. All of my kids are adopted out of the foster care system. ALL OF THEM. We took on the support of them, so YOU don't have to. We can't afford vacations farther than our backyard, we have 3 jobs between us. Exactly what should we do? go on welfare like my birth mama's? MY lifestle is much more spartan than yours, I can assure you on that one.
Bull pucky. and get a life.

Queenmumof7
How dare you criticize Hal D! Dont you know he is a mighty genius who speaks only for good when he admonishes us lowly conservatives? You should wait breathlessly for his timeless wisdom like the rest of us do.

If you haven't already...
....email this article by Mr. Norris to everyone in the universe you have an email address for. Let's give the numbnuts in Congress a kick in their collective @ss they'll never forget!

baseballdoc -- Reply 43 said....
"...what Congress needs is a good karate kick upside their head ..."
=======================================================
I disagree! They are way too hard-headed and the kick wouldn't phase them one bit. However, a karate kick that plants a boot up their arse might have some effect -- especially if it had to be removed surgically (which would give them a chance to actually evaluate the U.S. medical system, but that is a topic for another day).

I must also add that the 2006 election of the democrats to control certainly put the CON in congress.

To those of you who do not understand that the oil market is indeed a WORLD market I don't expect you to understand that any increase in supply from ANYWHERE will LOWER the price of a barrel from EVERYWHERE. Actually, just the passing of legislation to allow the tapping of these North American oil supplies would significantly lower the pump price of gasoline -- almost overnight.

B O is offensive!

TBC ~:>{)

PatriotLady
The US currently imports 5,517,00 barrels of oil per day from OPEC plus what is imported from Venezuela to supply companies like Shell, Chevron/Texaco, Exxon Mobil, Marathon/Speedway, Amoco, and Citgo. At just $95 per barrell, this amounts to $524 million per day going to these foreign countries. If we boycott buying from these companies and start buying fron American oil companies like Valero, Murphy, Sunoco, Conoco Sinclair, Maverick BP/Phillips, Hess, and Arco, maybe it will have an impact on the situation. And with this said look at the profits the companies are making from this foreign oil.

Post Script ---
I forgot to add GREAT COLUMN MR. NORRIS!!!!!

B O is offensive!

TBC ~:>{)

American Oil
I failed to mention that the ( American Companies) do not import their oil from foreign countries. And thank you, Mr. Norris for also being a patriot.

Its Oil and the Economy Stupid
-
_The Democrats and the luntaic fringe that has now taken over their party have starved this nation of its rightful energy reserves for 30 years; Oil ,Nuclear,Coal, etc., and now we as Americans are SUFFERING beyond imagination because of them.

-Their answer at this very moment is to tax and sue and "socialize" the oil companies. Just tune in to Dick Durbin today, 10,June.

REPUBLICANS MISSING IN ACTION:
_IF THE REPUBLICANS DON'T RAM THIS ISSUE DOWN THE DEMOCRATS THROATS RIGHT NOW, THEY ARE GOING DOWN IN FLAMES IN NOVEMBER AND FOR A LONG TIME AFTER!

__McCain needs to go up to Alaska and take a lesson from Republican Gov.Sarah Palin, the pro exploration common-sense Governor, and only politician in the U.S. with an *85 PERCENT APPROVAL RATING*, to H-E-L-P his own party (it all works together) and stop all this Green Talk BS.

__The Polar Bears aren't Democrats, yet. Just ask Gov. Palin !

__HOW BOUT IT CHUCK !

It's the lobbiests st*upid
This will end when, like in Britain, an anti lobbiest group sues the "good" folks at the Sierra Legal foundation.. It was them to blame for the loss of life in New Orleans.. It's them that is stoping normal economic expansion.. Quite frankly, they are not pro-environment, they are anti-humanists

will says
"Why does everybody think that Exxon drilling in Alaska will result in lower gasoline prices?"
Upping the supply reduces the demand. You obviously went to public skool.

Anti-Human and Anti-Poor
Most Democrats, and a number of Republicans as well, have become anti-human and anti-poor. Rather than annoy a few species of animals (which would surely adapt anyway) they have banned oil and gass drilling and exploration just about everywhere on, under or near US soil or US waters. So the demand for oil goes up as supply goes down. And the price reacts accordingly. Brilliant! And who suffers the greatest when gas and food prices go up? Hint to the idiots in Congress . . . the poor.

James B
I suspect any kind of skool would have hleped you out.

Do you really think that any oil drilled in Alaska trickles down to the mainland, gets refined, and is pumped directly into our cars? How dumb are you?

The answer reserve would take ten years or more to access and remove, then it goes into a global reserve. There are many different kinds of oil, not all of them useful for fuel.

Or in your case, fule.


correction
Answer reserve = Anwar reserve, of course.

For the sake of argument
There seems to be an assumption by some of the, "it's useless to drill here" crowd, that tapping domestic sources of oil will not affect the price of gas.

For arguments sake, lets accept the premise on its face. Left out of this position of hopelessness is that we are literally at the mercy of foreign suppliers of the commodity that fuels this nation.

Forget higher prices, consider the whole of our industrialized infrastructure coming to a screeching halt.

Saudi Arabia could triple the per barrel price and there is nothing we can do about it. Venezuela's Chavez could make good on his threat to cut off the supply to the U.S. and ditto, we have no recourse. Mexico, one of our leading suppliers could succumb to the growing extortion and control of drug cartels. It doesn't take a leap of faith to figure out what that would do to the price of oil. And Canada, well they seem well on their way to becoming a Muslim nation

It is clear that a growing majority of the American people are tired of being held hostage to foreign sources of oil. We may not have have much recourse with foreign suppliers but we damn sure hold sway of our immediate representatives in Congress. Hey "Reps" listen up, "Drill Here, Drill Now!"

Fire Congress
If Congress is the problem, why do we keep sending the same people back there election after election?

Snymur2

Its Oil and the Economy Stupid
***
________US snapshot since DEMOCRAT CONTROL 06
________and Bush Lame Duck:

________GASOLINE PRICES DOUBLED AND CLIMBING
________ADAMENT REFUSAL TO TAP OUR OWN ___RESOURCES
________UNEMPLOYMENT RAMPANT AND GROWING
________NEW TAXES PROPOSED
________NEW SPENDING BILLS PROPOSED
________ENDLESS WHINING & COMPLAINING
________ENDLESS FINGER POINTING
________ENDLESS HEARINGS
________ABANDONED; THE BUSINESS OF THE PEOPLE
________labeled ; THE DO NOTHING DEMOCRATS

________CONGRESSIONAL APPROVAL RATING
********************10%********************

________EXPECT MORE OF THE SAME

No More Hats
"So the demand for oil goes up as supply goes down. And the price reacts accordingly."

That's not what happens. The Oil supply has not gone down. The demand has gone up. It's a global market, with a global reserve of oil, and the price is set by commodities traders, for one. There is also a strategic oil reserve in this country, which holds more oil than could fill up the Sears Tower in Chicago. Bush has refused to touch that, possibly not a bad choice.

Also, contrary to the output of Norris' giant brain, there isn't one kind of Petroleum that is piped to one kind of refinery to make one kind of product. It's far more complicated than that.

If you want cheaper oil next year, Anwar is not the solution. It will be at least ten years before one drop could reach a destination that would matter.

Saudi Arabia does not set the price of oil; OPEC does not have the power it once had. The price is set by pure capitalism, which we should all be happy about.

Please...
...all Townhall participants, I implore you to sign the petition at http://www.americansolutions.com!

Your Obedient Servant,

George Washington

If you really want some actual facts
"n today's complex global markets, the price of crude oil is set by movements on the three major international petroleum exchanges, all of which have their own Web sites featuring information about oil prices. They are the New York Mercantile Exchange (NYMEX, http://www.nymex.com), the International Petroleum Exchange in London (IPE, http://www.ipe.uk.com) and the Singapore International Monetary Exchange (SIMEX, http://www.simex.com.sg).


The Web sites of the Paris-based International Energy Agency (IEA, http://www.iea.org) and the US Energy Information Administration (EIA, http://www.eia.doe.gov), also have extensive historical information on oil prices.

More needs to be done
As I write, the Dems are once again using their favorite tactic of raising up the spectre of windfall profits tax; a seriously flawed tactic because these arrogant Democratic senators believe we the people will fall for this BS. WPT will not reduce the price of gasoline one penny. But this shows the arrogance of these Democrats in that they apparently have no fear that they will face the wrath of the voters. This may be true if the people throw out another 25-30 GOP Congressmen and 5-6 GOP senators. If they do, the thought of Lieberman-Warner and $10 a gallon gasoline will become a sure bet.

George Washington
Pretty interesting petition...I noticed that not one of the ten options is about drilling Anwar.

Dan
we are literally at the mercy of foreign suppliers of the commodity that fuels this nation

It DOESN'T work that way! For God's sake, if you are going to post an opinion at least know what you are talking about!!

PRICES FOR OIL ARE DETERMINED BY COMMODITIES BROKERS AND TRADERS.

Disasterbabe...
I suspect that there are very few things in this world that you and I could agree upon, but you are absolutely correct in one of your previous posts.

The supply of oil has indeed not gone down. Again you are correct when you state that the demand for oil globally has increased. What you fail to state is that the supply has not increased at a rate to offset the increase in supply.

A portion of the price spikes currently being seen are due to speculative actions taken by large financial investors (commodity traders) who are making money off the "bubble".

Your Obedient Servant,

George Washington

So much interest that AmSol.com is down
I look forward to signing the petition & will do so once http://www.americansolutions.com is back up.

Cheers,

YK

disasterbabe
Two things:
1. My post was not a discussion supply and demand, it was a presentation of the danger of relying on fragile nations for our supply of oil.

2. It is quite interesting to see a liberal suddenly present "facts and figures" supporting supply and demand realities.

Solution number 2
Buy all the liberal eco-idiots "tire tread" sandles and rickshaws. Thay can haul the rest of us around town.

Just imagine all the exercise Albore would get.

More actual facts
-
--Buy the rumor, sell the news

Markets since the dawn of Humanity have always and are now driven by humans and human emotions; greed and fear. Look no further than the Meltdown in Real Estate ; there is nothing complex about that.

The mere mention of Blitskrieg approach to energy, starting with massive Drilling and Nuclear programs, Better fuel mileage and a detailed national awareness program, will send long term futures contracts into a tailspin and bring prices down immediately.

Talk all you want about todays complex markets , its still people pushing the buttons and the markets still being built like a house of Cards.

Hows your Tech Fund from the late 90's doing.
--To bad Americans have such short memories.

06 elections
So are LIBS now coming out and stating that when we had the 06 elections that they LIED to the American People that if we elect them they have a plan at bringing down OIL PRICES. So after 2 yrs and nothing from this DO NOTHING D$M LED CONGRESS except for Crucifyng SPORTS FIGURES for steriod use. What is your ANSWER NOW LIBS

We want the CHANGE you promised us in 06 before we trust you again in 08.


Now I have one more ? for you LIBS, what the hell is this country coming to when LIBS have to put their SORRY ARSE noses into everything even Americans PAST TIME events. If you can come on here with straight face and say thet YOUR DO NOTHING D$M LED CONGRESS who by the way has the lowest rating in AMERICAN HISTORY is not trying to bring this COUNTRY to its knees for POLITICAL POWER then you dont even deserve the D behind your names you deserve the DA (DUMBARSE) behind your name.

ALAH AKBAR BY SOON TO BE CONVERTED MUSLIM AMIGOS
ALAH AKBAR

disasterbabe
Just for you:

http://www.greenearthmarket.com/index.asp?PageAction=VIEWPR OD&ProdID=456

http://www.theautochannel.com/news/2005/05/02/054887.html

DISASTER BABY

.....Please take your Liberal/Progressive/Socialist talking points and stuff them in a dark moist place where the sun never shines ...

.....This info is not for your peanut intellect but the US government could contract with American Energy Companies to extract energy on American soil and to use it for domestic needs ...America does not need to be a slave to a World market ...we have enough energy reserves to create our own market ... go back to Move On or Huff Po Disaster Baby .....COLOSSUS

Uh...about them nukes...
It may interest y'all to know that, should we get the sudden urge to build a lot more nuclear power plants, that you cannot get forgings for the reactor in the United States. This is also true for critical (i.e rotating) elements of the electrical generators as well.

Japan or Germany, take your pick.

For now, I for one am willing to cut back hard on gas consumption, just out of spite. If possible, we should go to 4 day, 10 hrs, or telecommute if possible. We who are used to going without will not be the ones jumping out windows when the markets go south.

Finally, I've been seeing articles lately (you'd expect this) about very high mileage autos (> 100 mpg) that would be reasonable to won. As an engineer, I have good reason to be suspcious of such claims, but if it's anywhere close to true, or even possible, somebody somewhere has known about such highly efficient technology for a while. Makes you wonder...

Keep On Keeping ON!
Performed the following in this order:
1) Read your superb article!
2) Signed the petition
3) Returned and read your article again!
4) Gave you a solid "5" rating!

Thanks again Mr. Norris for your thoughts as you tell it like it is and I appreciate that. God Bless you!

Nostalgic for Carter Years?
I really believe that most liberals have a stupid gene somewhere in their systems or a suicide wish. Our economy runs on energy and if you limit that energy our economy will slow down and eventually collapse leading to massive unemployment and scarcities for everyone.

Anybody remember the Carter stagflation years? Evidently many liberals today, including the nutjobs on TownHall and especially the Democrats in Congress, are nostalgic for long car lines waiting to fill up--if the station has enough fuel to sell.




Hal Drunkahue
From the looks or your Fat A$$, you are eating more than you are ENTITLED to and no doubt causing STARVATION in Several 3rd World Countries. When you stop eating like a Hippo, I’ll trade in my truck.

10 year lag
at 11:58 disasterbabe wrote: "If you want cheaper oil next year, ANWR is not the solution. It will be at least ten years before one drop could reach a destination that would matter."

Man - deja vu. I SWEAR I heard the same argument against drilling in that flat, next-to-lifeless piece of tundra back in the late 1990's.

Well, if we had had a little foresight then, those wells would be coming on line now and would allow global supply to better keep up with global demand.

Is a little foresight now, with the benefit of hindsight, too much to ask for?



Oh - and Carol Chase, I wasn't defending the waffler. I was saying that we should bring strong arguments to the table when supporting our position so that we don't give detractors fodder to criticize us or get off topic. So use quotes that are clearly anti-capitalist, instead of one that came from a straw man quote. Clinton was saying:

"some may say we should do X but it won't work so we need to do Y instead."

Claiming that he supports X is asking to get slammed in a debate with an alarmist.

When we attack anti-capitalists, let's use arguments that will stick.

Again, please note that Beck ALREADY apologized for this the day after it happened. Taft's 9:10 post is correct.

Chuck
President Clinton said slow down the economy,so we can save the Planet.It would appear from your counter comments that our economy is more important than the Planet.Any first grader knows, that if the Planet goes,our economy is moot.Not too smart,are you?

JERSEYVET

.....You wrote:

....."Our economy runs on energy and if you limit that energy our economy will slow down and eventually collapse leading to massive unemployment and scarcities for everyone." ...

.....You have just described the game plan of the Progressive/Socialists (Democrats) ...they want to collapse the American economy so that they can implelment their Socialist programs and turn America into a Socialist State .....COLOSSUS

Classic Clinton double-speak
He was saying that it would be BEST if we could all slow down our economies, but poor countries can't/won't do that is the only problem, darn!

What we are seeing is that the environmentalist movement -- built on a hatred of human nature (as if we aren't part of nature) -- has successfully sabotaged the economy. It would take decades to recover, but that would be if we started building nuclear power plants tomorrow. Instead, President Obama is going to tax us right back into prosperity.... so I guess I'll have to get used to the idea of never retiring.

Tar and Feather
Time to grab members in Congress holding up drilling In the US--cover them in hot pitch tar and feathers and ride them out on a rail
Include Hal AKA Phil Donahue

killer writes:
"Any first grader knows, that if the Planet goes,our economy is moot."
-----

I see we have another leftist who has bought into the AGW scam.

It is nothing but human arrogance to believe there is anything we can due to affect the longterm climate of the Earth (short of "nuclear winter").

And who is the "expert" to say that our present global temperature is the "ideal"?

I wonder if "killer" and those like him have any idea how "Greenland" got its name.

killer
-
Hey fruitcake, you've been in the lotus position to long, your brain is out of oxygen.
Douse the incense, put the hookah pipe down, go outside and get some fresh air and don't come back on this post till you stop seeing things !

Larry has it right...
...the time has arrived for the majority of Americans who have been marginalized as a "minority" by media and the elitists to take tangible action.

Tax revolts (withholding payment to the government), the burning of Congressional leaders in effigy, mass work stoppages, the peaceful disruption of ordinary governmental operations, and other forms of civil disobedience combined with a formal petition of grievances to the government is the only hope for our great republic.

Will patriots emerge again as they did in 1776?

Your Humble and Most Obedient Servant,

George Washington

If it hasn't been passed on
yet here it is:

The communists failed in their attempt at windfall profits tax II this afternoon.

They'll try again after the elections when they are figuring they'll have more commies.

Dan
My post was not a discussion supply and demand, it was a presentation of the danger of relying on fragile nations for our supply of oil.


Dan, I apologize for getting harsh with you; I always start out in a pleasant mood and am quickly brought down by the number of idiotic posters who still think liberals are the cause of everything evil in the world. I would think that aborting any possible solution to something by remaining stuck on who is to blame is a sign that many people don't come here to learn anything, they just come to vent and whine and stay as ignorant as possible.

I generally hope that just one person will engage in an actual discussion; sometimes that happens and when it's enlightening it's worth it.

doesn't look like it will happen on this thread.




baseball doc
"...America does not need to be a slave to a World market ...we have enough energy reserves to create our own market ... "

I would love to see you explain how that would work, both now and for the extended future.

However, I won't count on your ability to back up this statement with facts.

Levin talked about this yesterday
Drilling in ANWR, Oil from Coal Shale, outer continental shelf drilling, new refineries were ALL OPPOSED by Democrats 75-95% and supported by Republicans 80-95%.

No economic literacy among them, or perhaps they are just in the pockets of the Al Gore lemmings.

Then you have idiots supporting Obama who wants to increase cost on the oil companies with taxes. Boy that should drop price and help those seniors LIVING off those stocks...

Killer
Who gives a SH!T what Clinton said. Yea Clinton also said treat TERRORIST as if it were a POLICE action and what Happened(9/11) and 7 attacks on AMERICANS around the World.. Didnt need no first graders to tell the American people that either. But forgot LIBS use Children as VICTIMS all the Time.

You LIBS want to slow down the economy so you can do your usual BS and tell the American People its all REPS fault. You Libs ought to be Masters now at promising the American people one thing then LIEING to us about why you cant get done what you PROMISED. So are we to believe OBLAMA the LIAR or OBLAMA the RACIST. Hell even your Party dont know how to handle him

One thing is for sure you take away his TELEPROMPTER and he is another BUSH on MEDS.
Just look at his response in Virginia last week he couldnt even tell the people of Virginia what they wanted to hear without his FAMOUS TELEPROMPTER.,

AND LIBS complain about how Bush talks

What
are the chances that the dishonorables leading the charge against sane energy policies are
getting payoffs? Jimmy Carter is on the payroll, for other propaganda ploys, so who is to say the corrupt pols now ruling us haven't sold out to the highest bidder. It wasn't that long ago that Ollie North got into trouble for going around the Bolland Amendment, whose author was among several who signed the infamous Dear Commandante letter to Daniel Ortega. Just follow the money. If we had some courageous, enterprising investigative reporters I bet we'd learn quite a lot of dirt
coming out of D.C.

Survival of the American Republic
As to what Chuck has written, thats a big old ten four, rodger, wilco, right on, well said. The problem is getting those idiots in congress to amend the endangered soecies act of 1973 and move ahead with the most pressing issue of this generation, the survival of this great nation.Lacking any action by this do nothing congress, I suggest a really good tar and feather party, held in thier honor.

Chuck
I read your post.Are all Chuck's "Stupid"?Be careful and think before you answer.I am more than certain, that you are not an Obama voter.They say his appeal is to the Young,Well Educated and Affluent.Nope,I don't see any Chuck's in that group."Dumb As"...

Confusion on goals
ISTM that there are three different goals or objectives that must be considered:

1. World crude price, which is a function of supply. Crude production has been steady at about 85 million bbl/day for the last few years.

2. Energy independence/security, which is a function of oil (and some extent product) source.

3. Carbon releases, which of course are independent of oil sources.

Any policy must make clear how it prioritizes these goals and how it will affect them.

Note that of the 10 largest crude producers, 8 are state-owned, the others are 6) British Petroleum and 7) Exxon Mobil. I don't get the whole Exxon-bashing thing myself.

I suppose it also is worth considering whether or not the market for crude oil is efficient and transparent, or is subject to manipulation a la an Enron/Dynergy.


DISASTER BABY #88

.....Apparently it has escaped your notice that Government can do anything it wants to ...

.....For starters the President could declare oil, natural gas and coal to be critical natural resources and by Executive order take them off the Commodities market ...

.....Then a Bill could be introduced in Congress that would prohibit the export of all critical resources ...

.....Only American Energy Companies would be allowed to develop oil, coal and natural gas on American territory for domestic consumption ...

.....See how easy it is? .....COLOSSUS


KILLER
-
_- Just read your post titled: I'm a Moron and theres nothin you can do about it; and its painfully obvious intelligence wasn't listed as a prereq. for Club Obama....so its OK, you can join now !

SCOTT S

.....Traders on the commodities market buy and sell futures with the hope of making a profit ...if they guess wrong they take a loss ...my point is that the President has the power, by Executive Order, to take Americas oil off the commodities market, declare it a vital natural resourse, and to forbid its export ...

.....Government can do anything it wants if it has the proper motivation ...right now their only motivation is to feather their nests and to get re-elected ...the citizens are going to have to get really p*ssed before Congress acts .....COLOSSUS

its going to take a commitment
to reduce our dependance on fossile fuels if we want to get the support needed to drill in the states. We put a man on the friggin moon! We have the capability to make a hybrid-fuel vehicle that performs as well and costs no more than the dinosaurs we're driving now. Its going to take compromise (not to be confused w/ giving away the farm) to get the support needed to get our own oil and in the practical world, bullying the left isn't going to get results.

Baseball doc
Just to take one aspect of your solution for America's autonomous oil reliance, (which apparently is to just drill wherever we can find oil within the fifty states and then live on it forever) I'm wondering if you, along with Norris and others on this thread, think that all that has to happen is 1., we find an oil source, and 2., we drill into it and Eureka!!!

How many petro-geologists have you either read or talked to lately? Not every source provides the same kind of petroleum, not every source can be drilled - frequently, the depth of the source and/or the kind of drilling it would require is too prohibitive to access anything. It is extremely costly even to adjust the flow of oil coming from already well-established wells. It isn't a spigot that you turn on and off.

just like the 1970s
at 5:05 baseballdoc wrote: "...For starters the President could declare oil, natural gas and coal to be critical natural resources and by Executive order take them off the Commodities market ..."

Yeah - that evil commodities market is screwing everything up. We should let the government central planners control price and production. It'll be just like the 1970s when gas was cheap and plentiful.


George Santayana is rolling in his grave.

Drilling will not alone solve
the issue. Oil is a commodity and unless the "state" fixes the price of oil brought out of the ground, the oil companies are not going to do anything which results in less profit to them.

Meaning they are not going to flood the market with oil , even if we let them drill everywhere to cause their price per barrel to go down.

We should allow drilling but int he ened what is going to change the price equation is to let new types of eneergy flourish.

this is not the 70's China and India will buy all the oil we dont want, or are not willing to pay for.

That includes oil drilled in side The Republic.

There is nothing that says "US drilled oil" has to be sold in the US.

Robert

Babseball Doc
The U. S. is already the biggest producer and user of oil in the world; it uses 25% of the world's oil supply. Firty-one percent of the oil we currently consume is produced here, small amounts come from about 11 to 15 other countries, including Norway (not an unstable society).

As for the notion that the government should just take over all oil production and sources in the country, you should probably stand back and look at the big picture. You really want the government to take over Exxon on? Do you understand what the definition of fascism is?

Also, the government is already making out like a bandit from oil. Exxon made 40 billion on sales of 404 billion dollars, roughly a 10% net profit on sales; not bad.

But the government was the largest benefactor... For all the sales taxes, duties and income taxes collected, the government pulled in a cool 102 Billion bucks on Exxon's sales of 404 Billion; nearly 25% of all of Exxon's sales goes to some governmental entity. Plus, a great deal of Exxon is owned by retirement trusts and mutual funds. In other words, people profiting from Exxon and other oil companies are average people trying to build a life. Do you have any idea what would happen if the government would suddenly announce that it is confiscating everybody's mutual funds and private investments? Do you know what would happen to the economy in that scenario?

Last, as a conservative you should be aware that corporate profit, at least in theory, is usually recycled back into the economy through retirement trusts, investemt banking vehicles (and yes, some consumption) where it funds capital investement by other entities, which translates into a better economy and more jobs.








What really stuns me
Is that you and other TH cronies talk all the time about old Stalinists and Commies coming out of the woodwork to take over the country -- but in the same breath you have no problem with the government confiscating all of the American major oil companies and the financial exchanges that keep them running and make everyday Americans shareholders.

I don't get the conservative logic, I'll admit it.

Chris
Are you that same Chris who worked for a few years in Korea?

Howitzer
"There is nothing that says "US drilled oil" has to be sold in the US."

Much of it isn't. Last year the US exported 268 million barrels of oil.

Scott S
You listed as one of your 4 objectives to consider is World crude price, which is a function of supply. Crude production has been steady at about 85 million bbl/day for the last few years.

I definitely agree, but I think that demand is equally important. Here's something I found on the internet: In 2000, the world's consumption of oil was 76 million barrels per day, it is projected to reach 118.9 Barrels/day by 2020. In 2020, US consumption is projected to reach 27 million barrels per day.

This year, American light trucks (SUVs, vans, 4X4s, etc.) consume 10% of the world's oil.

(Hey, Baseball doc - maybe the government should forget the oil companies and just confiscate everybody's SUV's and trucks) : )

never been to Korea
I am not the Chris who worked in Korea.

But I was an ARAMCO brat & grew up in Saudi Arabia.





disasterbabe, just to be clear, my 6:23 post was heavily laden with sarcasm. Gas was not cheap or plentiful in the part of the 1970's when government price controls were in effect. I'm no Stalinist...

Chris
I didn't mean to insult you. I meant to write, "Are you the same Chris who," etc. I asked because you write like someone I used to debate with on a regular basis on another site - the site was shut down suddenly (I think because there were too many liberals on it) and I lost contact with him and the others.

I definitely understood that your post was sarcastic (and on target) - that's why I thought you were my ex post-pal.

no problem
I didn't feel insulted.

That's what I get for not paying attention to the posts - I didn't realize until just now that both the posts I responded to were yours.

It's been a long day...

Chris

we're cool.

Pantywaist Republicans
***
Would it be so wrong for feckless Republican Senators of post o6, to stand up for themselves just once; Right now chukie smukie shumer and sadam hussein obama are slaping them around on tv, telling the American People Gas prices are the GOP's fault,after the defeat of wind fall taxes today, check it out.
We it be so hard stick this to the Democrats for starving us of an energy policy and exploration for 30 FREAKIN Y E A R S !
And every time you go to the pump Thank a Democrat!
Every time you are shocked at the price of milk and eggs and just Food, Thank a Democrat
Nope not are Republican Reps. What a bunch of panzies. Being slapped around by liberal Dems in public as this is posted. Maybe there not worth supporting after all.......

Carter's windfall profits tax....
Does anyone remember the 1970's and how it turned out when the Carter Admin. had this bright idea? Not so good!

http://www.ibdeditorials.com/I.....0277656184

The price of oil increased 154%.

My, my does history repeat itself or what? I can see copying dress styles, haridos, music, etc. But, not faulty Legislation.

ANWR oil is already within reach.,
at the Sourdough and Flaxman sites that lay just outside ANWR. Alaska rejected a proposal from BP to develop parts of the North Thompson area because it didn't include a proposal to develop the Sourdough and Flaxman areas. Alaska is eager to see these sites developed, drain the oil from underneath at least part of ANWR and claim the royalties for themselves under right of capture.
The reason the federal government wants to drill on ANWR land is to prevent Alaska from reaping all if not some of the royalties that BP would pay if and when BP develops these sites.
So there are three parties in this tug of war.
Two parties that are solely interested in keeping the money in their own coffers, and a third that hasn't expressed any interest at all in drilling,leaving the first two empty handed.
Can anyone realistically believe that the push to drill in ANWR is motivated by a desire to see our country achieve energy independence, or at minimum give consumers a tiny bit of relief at the gas pump?
I know I can't.

Yes you can drive your SUV
Should be John McCain's theme, and any other republican that wants to win.

It just makes one wonder.
Since it was said literally, I will query as to what financial fumes are?
Furthemore I never heard the figurative use of the phrase "Average Americans are literally driving to the poorhouse on financial fumes."
Lastly what is taken for granted is that as Americans we are blessed with the God given right to cheap gas/energy.
It is our entitlement by God's will.
It is the Eleventh Commandment.
It will probably be the next Constitutional Ammendment.
Everyone should just vote for cheap gas and make it Unconstitutional for any American Citizen to pay high prices for any commodity they "need" to comsume.


Why can’t “conservatives,” conserve?
Mr. Norris, in his entire letter utterly fails to mention conservation as a means towards lowering gas prices. Not since the 1970s fuel embargo has America realistically tried to raise fuel efficiency standards on non-commercial vehicles. We are so far behind Europe, China and Japan that Ford and Chevy have to make different, more fuel efficient cars to sell in those markets. Why ignore conservation? Why not make 50 miles per gallon a standard on new cars? Is not efficiency supposed to be a conservative virtue? Sadly no, because they are simply pawns in the pockets in the oil special interests, just like some Democrats are afraid of some overly extreme environmentalists (like anti-nuclear power environmentalists). The problem is fake “conservatives” who just want to drill to increase oil profits and not really solve the problem in an efficient and truly “conservative” way. Oil after all will always be traded on the commodities market, so this is really about corporate profits and not consumer prices!

the market is doing what joshua wants
joshua, why use the power of the state to mandate CAFEs or whatever when the market does it better?

high gas prices are a signal that profit can be made by producing more gas, and signal to consumers to self-ration.

Maybe you missed it, but it's been all over the news - SUVs are sitting on the lots, and Ford is closing SUV plants, while small, fuel-efficient cars are selling like crazy.

Yes - the free market at work, a beautiful thing. And it didn't even require the government meddling where the constitution does not say it can meddle.


By the way, we conservatives have things other than just fuel to conserve, such as time, life and freedom.

Indifference towards conservation
Joshua, conservatives don't believe that forcing others to conserve energy by creating a false vision of waning energy supplies here is a way to stimulate the economy. Conservatives believe that those who wish to conserve shall be permitted to do so, and those who don't wish to conserve shall also be permitted to do so; but they do not want those who wish to conserve attempt to force those who don't wish to conserve by limiting the supply of energy. Conservatives care much more about the cost of energy to the consumer than the profits of the oil compaines, so if lowering gas prices puts more money in the pockets of those oil companies so be it, but it also leaves a surplus of cash to the average American.

gas drill here an now
thank your libieral congress for this problem they want let drilling in this nation but they let china and russia drill off our cost ,and lets thank also these global warming nuts,and i mean nuts,(a bunch of communist) thats what they are,we have enough oil in this nation to put saudies out of buiness, let drill and not depend on the middle east, they are to blaim for this gas prices,

Two points
I am a Liberal, and I agree that more drilling is necessary.

HOWEVER, I have 2 points here:

1. Mr Norris ignores the fact that 50.00 per barrel of the current price increase is due to SPECULATION, not supply and demand.
This is due to a relaxation of regulation on the Commodities market, starting in the year 2000 (enacted by a REPUBLICAN congress), and the gradual neutering of the CFTC (the agency that regulates the commodities market) by the Bush administration.
There are ways to fix this issue, immediately, that have nothing to do with drilling or conservation.

and

2. If we had spent all the money (1 Trillion dollars) we wasted on the invasion of Iraq on a "Manhattan Project" for alternative fuel sources, we would possibly all have hydrogen cars by now, and the issue would be moot.

Oh, and one more thing...
I want to tell you all that I appreciate the fact that Town Hall allows people with differing viewpoints to post here.
I went to post under a Hillary Clinton website blog, and my post was blocked, not due to profanity or offensiveness, but because I did not share the viewpoint of the previous posters.

Abiotic oil
It is a very simple issue. The American people are being lied to. "Fossil Fuel" Theory was first presented in the late 1700's by the Russians. They soon saw the scientific absurdity in believing a disproportionate number of dinosaurs gathered,died, were instantly covered in sediment, wholly preserved, then decomposed. How many dinosaurs? Assuming 1 dinosaur/5 barrels of oil, 130 BILLION dinosaurs in the middle East alone. The Russians pioneered abiotic oil theory in the 1950's. They taught the Vietnamese who made major discoveries in BEDROCK. The Chinese and Brazilians have been enlightened as well. Seems that just Western (US Specifically) geologists are clinging to 18th century mythology. Read Kenney. read Gold. Read Edgells survey of Saudi fields. Read the survey of Eugene ISland block 330 "The clear discrepancy between reservoir maturity and oil maturity is STRIKING and suggests that the oil vertically migrated more than 12,000 feet. The faulting in Saudi Arabia is also conducive to vertical migration. Our President however is being advised by a Peak Oil Harvard MBA investment banker named Matt Simmons. The Earth is producing oil as we speak. There is no shortage. It is a renewable resource.

Abiotic Oil is swampland for sale.
It is a faith based way of explaining the origin of oil on this planet.
A Jehovah's Witness hypothesis holds more water.
The Crust is 35 miles thick, that's at least half as thick as the skulls of "abiotic oil" proponents according to their logic.
The science involved in abiotic oil research involves reading "The Chronicles of Narnia".
A place where gnomes live deep within the bowels of the earth drinking the juice of freshly squeezed diamonds is a better explanation for the origin of oil.

Abiotic Oil is swampland for sale.
Yep, looks that way to me.

Message to John McCain
YOU WANT OUR VOTE? START DRILLING NOW! Don't be stubborn about this issue, senator. I just emailed his campaign. I'm going to sign Newt's petition. Let's send him the message. He might just change his mind like he didd about illegal immigration. This is a winning issue. WE can win the White House on this issue alone. The public will be on our side.

Cuba: Major Oil Producer by 2011
EFE, 03-20-07

Today, Cuba reaffirmed its future as an Oil producing country and sent signals to the US to abandon the 45 years-old trade embargo and join Cuba in the oil production of Cuban findings in the Gulf of Mexico.

Yadira Garcia, Cuba's minister of Basic Industry assured to the media that in spite of a shortage in oil platforms due to the global expansion of sea exploration, Cuba expects to become a player in the oil market no later than 2011, or 2012.

The Minister presented a map of an area about 40 miles due South from Dry Tortugas, were Hugo Chavez's Petroleos de Venzuela, The Spanish Repsol YTF, Canadian Sherrit, ONGC of India, Norks Hydro from Norway, and Malasya's Petronas all have signed leases.

The Cuban Minister highlighted it would be a good time for North-American companies to "get into the action," stressing that the seismic studies and projections have been made available to North-American concerns.

"After all," she explain, "its not Cuba that is limiting the development of shared risk development projects with the American Oil Companies," adding that she expect that "the Oil lobbist would ask Congress to lift the trade embargo in light of the potential of the findings."

XXX

There you have it, another enemy willing to give us oil and take our dollars, barely 50 miles from the American Mainland, we will have pollution from Cuba, but we can't exploit our own resources, because the Gods of Global Warming demand a sacrifice.
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