Posted on 08/24/2008 10:25:13 AM PDT by NormsRevenge
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Nancy Pelosi said on Sunday that expanded oil drilling in federal waters could be included in a broader energy bill if advocates can prove its viability as a solution to America's energy problems.
Pelosi, a California Democrat who reversed her outright opposition to expanded offshore drilling earlier this month, said the oil industry and its allies in Congress must also agree to royalties on oil profits to fund the development of renewable energy resources.
She criticized President George W. Bush and other Republicans for presenting offshore drilling as an answer to the recent rise in U.S. gasoline prices, saying expanded drilling would not affect prices for a decade and then only by a small degree.
"I don't think that's a good alternative. But if they can prove that it is, and they want to pay royalties to the taxpayer ... then we have something to talk about," the top congressional Democrat told NBC's "Meet the Press" program.
(Excerpt) Read more at news.yahoo.com ...
Case? How’s $3.70 gas for a case?
What if I, the ‘taxpayer’, don’t want ‘my royalities’ going down the dark hole of ‘renewable energy’ Ms. Pelosi?
Pay ROYALTIES to the taxpayer? Royalties are paid to the owner of some property, usually intellectual property. Exactly what are the taxpayers providing to the oilcos, since we’re talking about drilling in INTERNATIONAL WATERS that the rest of the world already drills at will?
MM
What an idiot. We need gasoline to power our cars and she offers the wind and the sun.
Sounds like pork.
If she had to pay for her own gas she might find a case.
If the DNC had any sense, they would hide this woman for the next 2 months.
Lies, of course. Even the threat of new drilling immediately and sometimes greatly affects gas prices, as speculators are driven away from the futures markets.
The fact that Nancy and her boys are against it is evidence that it’s a good idea.
Why does insist on DESTROYING her own party?
This election was set up to be a Democrat rout, but now it’s a toss-up - essentially over a single issue.
In any case, I love it!
....incompetent, bug-eyed moron.
Ummm....
It’s called demand vs. supply....
You ignorant 9% ninny.
...and you know that the Democrats are praying every day (probably for the first time in their lives) for the gas price to go down, so this issue goes away (for now).
There must be a hidden agenda lurking beneath the surface
Pelosi is a perfect example of what happens to your brain after viewing Algore’s “movie” way too many times and then standing around all day wringing your hands and thinking that YOU are the only one who is standing in the way of the destruction of the universe and baby ducks by Dick Cheney and Haliburton. The woman is nuts!
Might as well stop AIDS and other medical research, stop space exploration and shut down public schools and colleges because none of them pay off immediately either.
http://www.investors.com/editorial/cartoons/IMAGES/CARTOONS/toon043008.gif
U.S. Speaker of the House Nancy Pelosi (D-Ca) reacts as she takes the podium for the first time after being elected the first ever female Speaker of the U.S. House of Representatives in Washington in this January 4, 2007 file photo. When the next U.S. president moves into the White House on January 20, 2009, he shouldn't be surprised to get a call from Pelosi on Capitol Hill with a list of legislative demands. REUTERS/Jim Young/Files (UNITED STATES)
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