Tell me again why we're not drilling in ANWAR?
Seems like our main problem caused by the hurricaine is with the refineries, not supply.
The market doesn't believe OPEC claims of adequate supply. The author doesn't explain why refinery problems result in higher crude costs...and doesn't mention that the Saudis are increasingly replacing light, sweet crude with the sour stuff.
At 20 bucks a barrel the A-rabs were makeing a good profit...At 70 bucks a barrel the A-rabs are raking in a whopping 1,522,000,000 PER DAY (that's a billion and a half per day) above and beyound what they got at 20 bucks a barrel...
And there's 'nothing George can do' (according to George) except count his money...The Bushs have massive dollar interests in Mid East oil, as well as most members of Congress...
I'd feel better if the station attendant held a gun on me while I pay for the gas...I hate being robbed willingly...
Tell them not to bother since we have all that CA oil from our federal waters off the Pacific coast....yes, that's wishful thinking since the energy hogs on our west coast don't contribute a drop of the oil they use on their long daily commutes. When 50% of our gasoline is affected by a Gulf coast hurricane, one wonders what in the world this country is thinking when it concentrates our energy dependence in this precarious area of our coast line. I think after 60 years, our government could have come up with a better idea. If there is a shortage, the first strict rationing should be in CA, WA, and OR. Let those smart leftists and environazis do without gas and open airports for awhile. They might get some sense.
Why hasn't Pres. Bush written an executive order reducing fuel types to three formulas, instead of the current 40+ formulas bottlenecking refinery capacity?