Democrats unveil energy package (one more piece of the "100 'Barfs per hour' agenda")

AP on Yahoo ^ | 1/12/07 | H. Josef Hebert - ap

[NormsRevenge]

Barfs per hour = BPH

How many can you stand before having to push away from the keyboard? ;-)

[Renegade]

Break out he veto pen !

[Doogle]

House Democrats next week will push to impose a conservation fee on oil and natural gas

tax

[unkus]

When will the American people wake up?

[frogjerk]

So the congress basically wants to break the contract it made with the oil and gas companies. Is is any wonder why no one trusts the government?

That was some deal that CLINTON signed!

[NonValueAdded]

And who actually pays those increased fees, the oil company or the consumer? /rhetorical

[Red Badger]

... oil and gas companies would be barred from future Gulf lease sales unless they agree to renegotiate flawed 1998-99 leases that allowed them to avoid federal royalty payments. ...both parties have expressed anger at the refusal of oil and gas companies to rework the 1998-99 leases that were issued without a provision that required royalty payments if oil and gas prices soared — as they have in recent years.

And just how will ROYALTY PAYMENTS to the government bring down the gas prices?

They won't!

It's just the government wants in on some of that action!........

[frogjerk]

So the Pelosi lead Congress wants to make it harder for the working poor to get to/from work and more expensive to heat their homes.

[unkus]

The Dems don't care. As long as they get the $ for their Social Engineering.

[Truth29]

Contracts are for little people and Republicans, apparently. This sounds like extortion.

[alloysteel]

Taxing energy sources is probably a way to induce the US public to "conserve", but while the effect is to reduce energy use, energy will still have an irreducible minimum demand. If absolutely necessary, people will simply ignore the taxation imposed on the energy sources, and use bootleg sources. Like burning tires to run a boiler to drive an electric generation plant for home use, without regard for the pollution effects. Hard to keep hidden, if the energy Nazis are really interested in tracking it down, but one other thing we may depend upon, is that under these same people that insist on passing these laws calling for taxation of energy and conservation as a moral good, will also be unable to enforce those same laws, because of the widespread disregard of all laws they have encouraged for years.

[poobear]

"It's just the government wants in on some of that action!........"

No doubt. Funny how they were silent in the 70's & 80's when many oil companies were starving and going out of business.

[NeoCaveman]

The bill also calls for a $9 a barrel "resource conservation" fee on oil, and a $1.25 per million Btu fee on natural gas, for production in the Gulf as long as market prices remain at more than $34.73 a barrel for oil and $4.34 per million Btu for gas.

Holy moley! How are people supposed to heat their homes?

With foreign oil and gas I suppose.

[mak5]

So they will repeal tax breaks and impose new taxes? That'll do wonders for the supply and price of energy. /s

[VeniVidiVici]

These idiots are going to kill us.

[Pontiac]

Lawmakers of both parties have expressed anger at the refusal of oil and gas companies to rework the 1998-99 leases that were issued without a provision that required royalty payments if oil and gas prices soared — as they have in recent years.

Negotiated by some friend of Bill no doubt. (might have been some dirty campaign contributions for Gore involved I think)

[MikeA]

Great plan! Drive up the cost of domestic production of oil to make us more dependent on foreign sources! Good job Dems.! OPEC and Al Qaeda thank you! Meanwhile, be sure to blame Bush and robber barron energy execs. for the resulting record energy prices from your assinine ideas.

[Young Werther]

and of course the 1998-99 lease negotiations were all Bush's fault. Just ask Sandy Bergler!!

[Alter Kaker]

And just how will ROYALTY PAYMENTS to the government bring down the gas prices?

The oil is owned by taxpayers -- the oil companies are pumping taxpayer oil without paying for it, because Clinton screwed up the paperwork.