Posted on 05/22/2008 3:11:38 PM PDT by antonia
May 22, 2008
American Thinker
How much have the Democrats cost you at the pump?
Marc Sheppard
Senator Chuck Schumer claims that coercing Saudi Arabia to increase oil production by 1 million barrels a day would drop the per barrel price by $25, saving Americans 62 cent per gallon at the gas pump. Yet, somehow, that same amount of oil coming from Alaska's Arctic National Wildlife Refuge would only ease oil prices by a penny.
In a Senate floor speech he gave on May 13th, the New York Democrat insisted that:
"If Saudi Arabia were to increase its production by 1 million barrels per day that translates to a reduction of 20 percent to 25 percent in the world price of crude oil, and crude oil prices could fall by more than $25 dollar per barrel from its current level of $126 per barrel. In turn, that would lower the price of gasoline between 13 percent and 17 percent, or by more than 62 cents off the expected summer regular-grade price - offering much needed relief to struggling families. "
Schumer repeated these words almost verbatim when grilling oil company executives during yesterday's Senate Judiciary Committee hearings.
Yet Schumer's daily magic number of 1 million barrels is the exact increase experts believe we would today be pumping through the Alyeska pipeline had Bill Clinton not vetoed ANWR drilling back in 1995. And even the most rabid anti-domestic-drilling Democrats don't take issue with that figure.
So then, the increase he demands of "Bush's friends," the Saudis - which he claims would reduce prices by up to 25 percent -- is the exact amount he argued earlier this month would only "reduce the price of oil by a penny" were it coming from ANWR - eco-sacred breeding ground of the Porcupine Caribou.
It doesn't take a Ph.D in economics to know that both figures can't be right.
Nor one in Poli-Sci to know why they're so starkly different nonetheless.
And where's Bush/ Cheney, RNC to call him on it?
...crickets...
begin drilling now! how long before the American people will demand using our own natural resources?
Don’t know about the extra cash at the pump, but I cancelled my plans to buy a new boat. Boat manufacturers must be taking a real hit. They can thank the democrats that bow to the special interest environmentalists.
Where have they been the past 8 years? IMHO, and I've been saying this all along, the WORST disaster the Bush/Cheney team have created, is the reticence to fight back. It's only emboldened them. It's a damned disgrace!
Poli-Sci is now the same as sci-fi.
This is what gets conservative voters steaming mad, when the libs open thier traps and start spewing lies and fabrications you can hear crickets on the Republican side. No rebuttal, no news conference or spokes person who will stand tall and take on these despicable snake oil salesman pointing to thier lies and desceptions. The very senators that are grilling the oil execs are home behind closed doors wringing thier hands and drooling over thier shares of exxon. Their all in the same bed together!
You ought to be able to negotiate a really good price. Then park the boat and wait for the inevitable decline in energy prices.
Sen Bill Nelson (Rat-FL) told me to my face at a townhall meeting that the reserves at ANWR were so miniscule that they could not have any impact on price whatsoever.
In a way it is comforting to know that they are consistent; anything a democrat pol says will not be the truth.
That's why he is referred to, around these parts, as Schmucky Schumer
I’ve never been much into conspiracy theories.
But I’m beginning to wonder if the price of crude oil and gasoline is right where “they” (whoever that is) want it.
How else to explain why President Bush didn’t push drilling really, really hard when the pubbies had it all?
Jacquerie: “Sen Bill Nelson (Rat-FL) told me to my face at a townhall meeting that the reserves at ANWR were so miniscule that they could not have any impact on price whatsoever.”
I don’t doubt you. The problem is, NONE of these jerks should be setting energy “policy.” We don’t need more “policy” as we already have more than enough. What we need is for government to get the (#$^& out of the way and let the so-called greedy capitalists solve this problem! It really can be solved, just not by reams of government proclamations from on high.
I tried all day long to educate a group democrats about the futility of lowering oil prices using only conservation. I then used a page from their play book. I said it is very selfish for democrats to hoard US oil from the world market. This was causing poor countries to starve, stay poor and make them unable to travel to affordable health care. I think there was a collective brain hemorrhage on their part. I go no response from them.
Three words and an ampersand answer that: Majestytwelve Skull & Bones (do the research)
if McCain doesn’t win and other countries demand we start drilliing then I’m sure Obama will make the seas part and oil will sprout from many places in the US.
...just about the same as the repubbies, dammit!
Actually the Republicans do get out there but it's the choice of the MSM to let you see/hear it or not. Guess what their choice is?
The problem is that so much real estate is owned/controlled directly by the FEDS. The rest is regulated by the enviro true believers in Fish & Wildlife, EPA, and various state agencies.
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