Posted on 05/14/2008 8:31:09 PM PDT by NoLibZone
While oil and gasoline prices continue to rise, the rhetoric and actions of Democrats in Congress seem destined to push those costs even higher, contrary to the Dems' promise that they used to get elected to majorities in 2006 that they had "a common-sense plan to help bring down skyrocketing gas prices".
Investor's Business Daily has a continuing series on "Breaking the Back of High Oil", and today's edition has a fascinating breakdown of some of the actions that the Democrats have taken over the last three decades or so to ensure that our country has no defense against the effects of rising oil prices. While doing so, they've made us all captives of OPEC and such tinpot dictatorships such as Venezuela.
Today's editorial in the series, Who Is Really Responsible For The High Prices You Pay For Gasoline?, points out that we have attempted to get Congressional approval for drilling in Alaska's ANWR region for the last 28 years. Remember that the next time a Democrat brings up the "fact" that it will take 10 years to get ANWR on line - if President Clinton hadn't vetoed ANWR drilling the time that it evaded blocking maneuvers by Democrats and got through a Republican controlled Congress in the mid-90s, we'd be in the second or third year of active production from that oil field. Any such domestic drilling would have produced substantial downward pressure on international oil prices set by the cartels - so in addition to having our own new source of oil, prices we pay internationally today would have been cheaper.
Other actions during the past few decades that the Democrats (and a few stray Republicans) have taken to ensure that we have high energy prices include:
(Excerpt) Read more at americanthinker.com ...
The same thing happened after Katrina in August 2005, as I recall - California prices were actually equal to or lower than some other areas of the country.
Around August 2005 you can see in this graph Ohio's average price exceeding California's, albeit briefly.
Nice graph, thanks!
Investor's Business Daily has a continuing series on "Breaking the Back of High Oil", and today's edition has a fascinating breakdown of some of the actions that the Democrats have taken over the last three decades or so to ensure that our country has no defense against the effects of rising oil prices. While doing so, they've made us all captives of OPEC and such tinpot dictatorships such as Venezuela.
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