Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Strategic Reserves That Go Undrilled
IBD ^ | november 12, 2007

Posted on 11/12/2007 6:16:21 PM PST by Kaslin

Energy: Hillary Clinton wants to tap the U.S. petroleum stockpile to increase supply and lower the price. Brazil has found a better way — drill for more. And what about that strategic reserve her husband vetoed — ANWR?


On the night last week that light sweet crude and home heating oil set records of $98.62 a barrel and $3.11 a gallon on the New York Merc, Mrs. Clinton urged the president "to release oil from the Strategic Petroleum Reserve and the Northwest Heating Oil Reserve to send a signal to the market and ease concerns about low crude oil stocks that are driving prices higher."

As much as we welcome the senator's recognition that the law of supply and demand is not some right-wing fantasy, she ignores the fact that she and her party have worked mightily to restrict that supply. As for the oil in the Strategic Petroleum Reserve, it didn't get there by magic. Somebody had to drill for it.

In 1995, co-President William Jefferson Clinton vetoed a budget bill containing language that would have opened up the Arctic National Wildlife Refuge (ANWR) to oil exploration.

"This budget," he warned, "would give oil companies the right to drill in the last unspoiled arctic wilderness in Alaska." Horrors! He also threatened to veto any bill containing similar language.

If President Clinton in 1995 hadn't blocked drilling in a few thousand acres of frozen tundra in an area the size of South Carolina, ANWR would today be delivering more than a million barrels of American oil daily.

(Excerpt) Read more at ibdeditorials.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Politics/Elections
KEYWORDS: anwr; drilling; energy; hillary; oil; strategicreserves; unwr
Navigation: use the links below to view more comments.
first 1-2021-24 next last

1 posted on 11/12/2007 6:16:22 PM PST by Kaslin
[ Post Reply | Private Reply | View Replies]

To: Kaslin

Simply put, its a setup. Elites like high energy prices, and like the control and fear it allows them to have over the population. We need coal and nukes, not alternative energy. And we need them now. Both are known technologies and have their problems - which we know how to mitigate.


2 posted on 11/12/2007 6:21:53 PM PST by RKV (He who has the guns makes the rules)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

>Mrs. Clinton urged the president “to release oil from the Strategic Petroleum Reserve and the Northwest Heating Oil Reserve to send a signal to the market

Even she is not so rock hard stupid as to think that would do anything.
What this bitch is going to do without Bush to attack will involve a major ongoing effort by the MSM, which I predict will be entirely ... successful.

How will she replace it?


3 posted on 11/12/2007 6:23:28 PM PST by bill1952 ("all that we do is done with an eye towards something else." - Aristotle)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
Hillary Clinton wants to tap the U.S. petroleum stockpile...

They're strategic supplies, not convenient supplies. Bimbo.

4 posted on 11/12/2007 6:26:44 PM PST by meyer (Illegal Immigration - The profits are privatized, the costs are socialized.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: meyer
They're strategic supplies, not convenient supplies.

Agreed, and she knows that Bush is aware of this. He has also repeatedly stated and shown that he is willing to let the market operate "on its own" and not intervene. She is exploiting this policy and the ignorance of the people to create anger against Bush and divert heat away from her after the NY license debacle at the last debate.

5 posted on 11/12/2007 6:52:41 PM PST by 70times7 (Serving Free Republic's warped and obscure humor needs since 1999)
[ Post Reply | Private Reply | To 4 | View Replies]

To: meyer
They're strategic supplies, not convenient supplies. Bimbo.

That's riiiight! We have a few lamebrains here too on FR that suggest fiddling with the strategic oil reserve.

6 posted on 11/12/2007 6:57:15 PM PST by Cobra64 (www.BulletBras.net)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Kaslin

High oil prices are great for the party opposing whoever is the POTUS. If he releases the oil, he is “irresponsible.” If he doesn’t, he likes high oil prices and wants the people to suffer.


7 posted on 11/12/2007 7:37:55 PM PST by ding_dong_daddy_from_dumas (Illegals: representation without taxation--Citizens: taxation without representation)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 70times7

“He has also repeatedly stated and shown that he is willing to let the market operate “on its own” and not intervene.”

If we let this happen, we will have $35 or $40 oil again, hopefully soon. Of course it may depend on how the radioactive fallout affects the Iranian oil fields.


8 posted on 11/12/2007 7:42:21 PM PST by HereInTheHeartland ("We have to drain the swamp" George Bush, September 2001)
[ Post Reply | Private Reply | To 5 | View Replies]

To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; KlueLass; ...

Hillary Clinton Reveals Her ‘Gay’ Strategy For Presidential Run
(YouTube Video Also
Traditional Values Coalition | 3/8/07 | Staff
Posted on 11/12/2007 6:20:02 PM PST by Laissez-faire capitalist
http://www.freerepublic.com/focus/f-news/1924846/posts


9 posted on 11/12/2007 9:06:20 PM PST by SunkenCiv (Profile updated Thursday, November 8, 2007. https://secure.freerepublic.com/donate/)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

“the last unspoiled arctic wilderness in Alaska.” “

You can tell they have never been there.

Place is littered for miles with rusty oil barrels, old DoD bases and so on.

Pristene my popo....


10 posted on 11/12/2007 9:18:12 PM PST by ASOC
[ Post Reply | Private Reply | To 1 | View Replies]

To: ASOC

When are the general public going to wake up and discover that a Democratic and Rino congress stands between them and more domestic oil supply?


11 posted on 11/12/2007 11:03:02 PM PST by Oldexpat
[ Post Reply | Private Reply | To 10 | View Replies]

To: meyer; Kaslin; neverdem
Hillary Clinton wants to tap the U.S. petroleum stockpile...
They’re strategic supplies, not convenient supplies. Bimbo.

But, but, but ...

Hillary (er, the previous president Clinton) ALREADY released our strategic reserves into upstate NY, PA, and MA (voters) in 1998 and 1999 just before her coronation as Senator in those states.

Surely she knew these were strategic assets needed for grave national emergencies. Like her election.

12 posted on 11/12/2007 11:18:28 PM PST by Robert A Cook PE (I can only donate monthly, but Hillary's ABBCNNBCBS continue to lie every day!)
[ Post Reply | Private Reply | To 4 | View Replies]

To: ASOC
Place is littered for miles with rusty oil barrels, old DoD bases and so on. Pristene my popo....

It's not that I disbelieve you but I'd love to have a body of evidence to substantiate that.

13 posted on 11/13/2007 7:05:02 AM PST by Carry_Okie (The environment is too complex and too important to manage by central planning.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: Kaslin




Note actual size of area to be affected by oil production.....
14 posted on 11/13/2007 7:09:41 AM PST by Kozak (Anti Shahada: There is no god named Allah, and Muhammed is a false prophet)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Carry_Okie
Parts of it are pristine. But pristine is the same as beautiful.

Not to mention the multiple natural oil seeps that lead to the designation in the first place...

15 posted on 11/13/2007 8:48:11 AM PST by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Carry_Okie
Make that: pristine is NOT the same as beautiful.
16 posted on 11/13/2007 9:32:40 AM PST by thackney (life is fragile, handle with prayer)
[ Post Reply | Private Reply | To 15 | View Replies]

To: thackney
Yup, it's either a frozen plate or a flat mosquito-infested bog.

We ought to send some greenies up there to clean the birds that get into the seeps. That'll cure them.

17 posted on 11/13/2007 9:50:25 AM PST by Carry_Okie (The environment is too complex and too important to manage by central planning.)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Kaslin

Strategic means it is of military importance. Consumers are not part of that planning.


18 posted on 11/13/2007 9:53:38 AM PST by RightWhale (anti-razors are pro-life)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Carry_Okie

I have seen it in person. You can’t go anywhere without tripping over rusty cans and broken boards.


19 posted on 11/13/2007 9:55:11 AM PST by RightWhale (anti-razors are pro-life)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Carry_Okie

Do a google image searcg with
DEW line sites alaska
or
www.boingboing.net —
look for (derelict DEW line site alaska)
or

www.blaketrask.com
https:/.../Conservation/ColdWar/coldwar.html

arctic.fws.gov Search with DEW line sites.

and so on.

Plenty of googe images if you look for ‘em. You can also ask the folks who fly across ANWR regularly.

Hope this helps you on the journey to knowledge. Enjoy.


20 posted on 11/13/2007 3:16:57 PM PST by ASOC
[ Post Reply | Private Reply | To 13 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-24 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson