It is all total insanity. Yet we (our government) continue to self-destruct when it comes to energy independence. Washington continues to stand there, doing nothing about it. And anyone who thinks this will not have a profound impact on key elements in our economy are living a major lie -- it already is. We continue to be OWNED by the international oil cartel.
Heaven forbid, what with the 'Rats doing everything possible to make Bush look bad, plus the Bugs and Bunny crowd doing likewise and obstructing the development of our domestic energy resources (including nuclear), rationing may be a real possibility in the near future...
I will particularly enjoy that discussion.
As an aside... just announced on the radio: the Brits are paying $8 a gallon for fuel. So we should be happy!
What a lame argument!
Please, I don't think so.
Friday night I was taking a NYC cab home, my driver was a Pakistani and he was listening to the BBC which started discussing recent gas/oil prices.
He blurted out quite seriosuly that America "should just invade Saudi Arabia and take their gas". "They don't have any army and the young people all want to be American".
Nothing like prices at the pump to spur public opinion.
By the end of the summer, drivers will be screaming to drill ANWR and invade Iran already.
The Dems should be cheering. Isn't this what they have wanted?
But wait, OPEC says oil price will drop!!
I'm getting VERY frustrated at these gas prices.
Perhaps a Congressional investigation of gasoline prices should include looking into George Sorros and other oil speculators. In addition to not tapping our own supplies of oil, we haven't built a new oil refinery in 25 years, despite increasing demand for gasoline...thanks again to the tree huggers.
The demand falls off at three or close to three, and unless we experience a major supply problem, which we do not have presently, the price will remain in the three dollar range to curb demand.
This is all Shumer speak nonsense.....
The connection between the two threads should be obvious at least to any Republican temporarily occupying a seat in the H.R. who is willing to open his/her eyes to the difference in energy policy between this administration and the 8 years of peace and prosperity we all enjoyed under Clinton and Gore.
Or the Iranian madman could be enticed into an amBush by unleashing suicide bombers on the USA.
There are so many ways to skin a Democrat.
BUMP
Interesting that $75 per barrel has the effect it does on prices at the pump since the gas at the pump is derived from oil that was purchased by contract at a much lower price up to 3 months ago.
The spot price of $75 per barrel today has nothing to do with the price at the pump for gasoline today.
But that's capitalism for ya I s'pose. Fillerup!
bump
This will create a Dem takeover of Congress, with Bush impeached in 2007 (but not convicted in the Senate). Meanwhile, no drilling will be allowed in Alaska. This, in turn, will defeat Hillary in 2008 by a public wild-eyed with rage over $6 gasoline, meaning a likely McCain presidency and a Dem Congress 2008-2010. All bets will then be off.
As the old saying goes; More Nukes, Less Kooks.
Lance the festuring mullah made mess..
http://www.cartoonstock.com/lowres/mne0014l.jpg
The author of this article is totally incorrect on this key point. Contrary to "conventional wisdom," high oil prices are actually counter-inflationary in many respects.