Gas Prices Are Seen Rising Even Higher [Whatever happened to Bush's Energy Plan?]

The New York Times ^ | 3/18/2004 | SIMON ROMERO

[WhiteGuy]

Same lame argument from you.

read on

[SandRat]

Whatever happened to Bush's Energy Plan?

Killed by all the "Good Little EnvroRATS1"

[Dane]

read on

I did and still no mention by you of the fact that your friends Daschle and Co. have blocked Bush's energy bill.

[CROSSHIGHWAYMAN]

How did the democrats prevent anything from happening? the gop is in charge, the adults remember?

Have you been in a coma for 3 years?

Rememmber "jumpin" Jim Jeffords and the Daschle obstructionist regime?

The House is there.

The Senate needs to be swept clean.

[lewislynn]

For every Democrat turned out of Congress this fall, I predict 1,000,000 new jobs will be created....In India.

[finnigan2]

Something weird is going on. In Canada regular gas prices have been dropping slowly for the past month and here in Ontario this weekend it is now at .39 cents (U.S.) per litre for regular unleaded.
Refineries and/or the major companies should be investigated for possible gouging in the US market.

[alloysteel]

A sure way to decrease dependence on foreign oil - let the marketplace take the price of crude oil high enough, and restrict the refinery capacity, thereby limiting the amount of crude that may be turned into fuel oil and gasoline. Automatically, despite all the grumbling and outcry that "business is being destroyed", the commercial enterprises will find a way to get their goods delivered a little more efficiently, and manufacture those goods with a smaller input of energy from fossil fuel sources, and the alternative energy sources become more cost-effective, with the consequence of institutionally decreasing the amount of energy required to maintain the level of output enjoyed before. Expanding input, of course, will call for still more fossil fuels to be made available for the growing demand for ever more energy.

Suggestion: Find a way to reclaim the vast stores of natural gas that is to be found off the edge of the continental shelf, at a depth of 500 to 1,500 meters, in the form of Methane Hydrate. This is an ever-renewing source of energy. It would not take a great deal of new technology to recover this otherwise unused natural resource. In fact, it may become a NECESSITY to take up this vast quantity of Methane Hydrate, to avoid a climate catastrophe of mammoth proportions. If, for whatever reason, the water at these depths warms enough so the stability of the Methane Hydrate is destroyed, there could be a huge burp from undersea, and the methane concentration could rise so high as to make the atmosphere both almost unbreathable, and constitute a huge firestorm potential.

And a resulting CO2 concentration in our atmosphere unparalleled since perhaps back to Jurassic times.

[mikenola]

I think Bush is allowing the gas prices to rise so that Americans can see that the Senate should NOT have opposed drilling in the ANWR

How the heck does a president "allow" prices to go one way or another? The man's power is boundless!

There's alot of refining capacity offline now as they do the spring turnaround. From what I've seen crude supply/price isn't the main factor behind the gas price spike.

[Kaslin]

Sorry, I meant to type $.50 not 4.050

[lewislynn]

Garbage, and not very well informed either

The only thing that's changed politically since we've had lower energy (not only gasoline but all energy) prices is...the Presidency

[Green Knight]

Bush should definitely be launching a slew of ads right about now about ANWR, and lay the blame for rising gas prices squarely at the feet of Democrat Senators, like JFK, who opposed drilling in ANWR.

[Kaslin]

In other words I ment 50¢ or less per gallon

[WhiteGuy]

I return to my previous position.

Not a single veto, not even a threat.

No taking to the airwaves and making the case in front of people. No passion for putting America's needs first.

We DO agree that senate is made up of a spineless bunch of twits, including the two pansies from Ohio.

I don't see this as a RNC vs. DNC problem,

This is an American Family vs the government problem.

The way I see it, our president is part of the problem.

[Nebullis]

ANWR and nuclear energy. The liberals have a pathological resistance to considering alternatives to imported oil.

[lewislynn]

Well let me tell you something American oil companies drilling on American soil hire Americans.

Not if there's cheaper (guest worker) labor available they won't. But that doesn't guarantee lower energy prices...

If American companies hiring Americans meant lower prices/higher profits we wouldn't have outsourcing.

[Pappy Smear]

Part of the problem of the high gas prices is the devaluation of the dollar. The dollar doesn't buy as much overseas as it did a year or two ago. So crude oil prices go up. That isn't to say that regulations and such don't matter either.

For all the whiners who bemoan "oil company profits" I encourage them to go out and become an owner of an oil company. Monday thru Friday there is a building in NYC where you can buy as little or as much of an oil company you want. You don't even have to go there, you can buy online or over the phone. You can use the profits to buy all the gas for your car.

[CROSSHIGHWAYMAN]

This is an American Family vs the government problem. The way I see it, our president is part of the problem.

It may take $5 a gallon gas to get the people motivated.

In current dollars, the proce of gas in 1979 was $4 a gallon and in the 1920s it topped out at $10 a gallon.

Why are we so concerned when demand for gas drives the price up 10 or 20 cents?

People buy bottled water by the case and pay a lot more per gallon and I don't see the anger there.

[CROSSHIGHWAYMAN]

You don't even have to go there, you can buy online or over the phone. You can use the profits to buy all the gas for your car.

I've done very well owning shipping companies, MCX, OMM and NAT.

The middle man always makes the best profits.

Own some XOM and the 2.5% dividend will pay for the increase in gas prices.

[CurlyDave]

there's no question the Saudis are out to sabotage the upcoming Bush election.

Absolutely true. OPEC production is being artificially constrained in order to influence the US election.

This is a much stronger and yet more subtle means of influencing the election than the bombings in Spain. The Saudi's would greatly prefer a Kerry victory so the US can return to being a patsy--financing the militants who attack us.

Kerry is the one who will trade blood (US victims of terror) for oil.

[FlyVet]

Interesting. Never heard of methane hydrate before.

A few years back, I saw the CEO of BP interviewed on TV. He said the largest oil reserves in the world were right out there in the Gulf of Mexico. But, nobody wants to see an oil rig when they go to the beach. That, on top of fears of oil spills, and there it sits, untapped.