Posted on 05/12/2008 5:58:18 AM PDT by kellynla
Texas families are attempting to cope with the latest spike in energy costs and record gasoline prices. The problem is acute everywhere, particularly in North Texas, where use of energy is not an option. People spend a lot of time driving – to work, school or the grocery store.
The average family is now paying $1,400 per year more for gasoline than it did last year. Higher associated costs for food and electricity are adding to the burden.
Rising prices are caused by several factors, including increased demand for energy in a fast-developing world. The situation has been aggravated by inaction in Washington.
There are now two very different proposals in Congress – the one I support would boost domestic energy production, protect Texas jobs, reduce our dependence on foreign energy and provide long-term security. It would also help reduce prices in the near-term by sending an important signal to the markets. The other plan, proposed by the majority party, attempts to tax, sue and investigate our way out of the problem.
(Excerpt) Read more at dallasnews.com ...
We need this bill passed and we need this bill passed NOW!
Republican Senators Offer Bill to Increase US Supplies (S.2958)
http://www.freerepublic.com/focus/f-news/2014187/posts
Domenici, Senate Republicans Unveil Plan to Increase Domestic Production ( S.2958 )
http://www.freerepublic.com/focus/f-news/2014017/posts
Oil Economics 101 (American Energy Production Act of 2008)
http://www.freerepublic.com/focus/f-news/2014015/posts
We need this bill passed & signed into law.
And we need it NOW!
You can contact your senators here:
http://www.senate.gov/general/contact_information/senators_cfm
ping
Thankfully Cornyn is my Senator.
I like Cornyn a lot. I’d hate to lose him in the Senate, but he’d make a great VP choice...if he could stomach McInsane.
I am proud to have Sen Cornyn represent me in Congress - have told him so. He KNOWS the gummint can’t solve our problems, but also knows that the gummint has certain responsibilities that it MUST do. Price controls are in the former; border security in the latter.
One of the few politicians I am proud of.
A week or so ago, I saw Schumer on TV chastising Bush over his energy policy, and saying that opening up ANWR would reduce the price of gas only 1 cent per gallon.
Personally, I doubt that would be the extent of it, since it would likely strengthen our international trade balance, increase the value of the dollar, and result in a corresponding reduction in the price of imported oil. However, I do have to agree with him that drilling at ANWR is not going to substantially reduce the cost of oil because it is a world market, and ANWR is a drop in the bucket in the world market.
On the other hand, what he totally ignores is that the federal government owns that oil, and if they allow drilling at ANWR, the feds will be compensated for that oil at the market price. There could be a huge inflow of dollars to the federal government, and that would enable a reduction of taxes, an increase of spending (including a paydown of the national debt), or all of the above. So it is a plain lie to claim that opening ANWR would not provide relief to Americans. It might not provide substantial relief at the gas pump, but it would definitely provide relief in one form or another.
My senators aer Dustbin Turban and Barack Obama. I think I’ll pass io that contact thingy.
Ouch! I'll send some prayers your way.
Hopefully, more people will see the light and pressure congress to drill ANWR and build more refineries.
Maybe, just maybe the public will start blaming Rats for the lack of domestic supplies of oil and help us in the election.
B.S.
The average US price of gasoline last week was $3.613 up $0.559 from one year ago.
At 12,000 miles per year and 20 mpg vehicle, their cost for fuel went from $2,168 from $1,832, up $335.
At 15,000 miles per year and 15 mpg, the cost went up $559. They would have to drive over 37,500 mpg at 15 mpg to increase cost $1,400 over last year. Far from "average".
gasoline prices from
http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp
The Democratic vote base is way too dumb to think for themselves. If the Democrats tell them that it's the fault of Republicans then that is what they'll believe. The thought process is far too painful for a Democratic voter to deal with.
I don’t think there would be enough to replace all the Saudi oil. And I don’t think we should necessarily insist that the oil be used in the US anyway. It’s probably cheaper to buy oil from the Saudis than to transport it from Alaska to the East coast. However, drilling at ANWR will definitely work to our advantage (assuming there is oil there). If we don’t use it in the US because we can buy oil from the Saudis cheaper, and then sell the Alaskan oil in Japan for a higher price, then we are better off. The trade off will boost our balance of payments, increase the value of the dollar, and make it cheaper to buy foreign oil. It’s the efficiency of the market that is at issue here.
The reason I bring this up is that I suspect that the Dems will ultimately be forced to open ANWR, and then when the price does not go down, they will demogogue it, maybe even force the oil companies to dump the oil onto the market here in the US, so as to drive down the price, which would be a waste. We get the most return on that oil by selling it on the world market at the highest price. If it happens that selling it in Japan is the highest price, then so be it. We’ll all be better off because the feds will be able to charge more for the oil if the oil companies can sell it at the highest price.
And mine are Feingold and Kohl, so I'm passing too. But, I'll keep praying for the bill to pass.
How about the West Coast where we currently import 1.5 MMBPD of petroleum? Why cannot ANWR oil be used at the closest available market that already imports oil from other nations including Saudi Arabia?
Thanks.
I thought Cornyn’s number was way too high. LOL
Maybe, just maybe you should find out exactly WHO stopped the drilling in ANWR bills the last two times it was voted on.
Hint: It wasn't the demonrats!
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