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Drill, refine, repeat.
1 posted on 05/24/2008 5:28:42 AM PDT by Libloather
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To: Libloather
Do the entire Democrat plan and gas prices will go UP since they will place even more barriers in the way of US Oil production.

Here are some questions that should be asked by “Journalists” of Democrats but never will be asked.

Excuse me, Democrats activist, candidate, politician,

According to the press release sent out the Democrat Party is claiming that their plan to stop the US Govt from buying 70,000 barrels a day into the Strategic Petroleum Reserve will reduce costs at the pump for American Consumers “as much as $.25 in the next 40 days”

If increasing the supply of Oil by 70,000 barrels a day will have such an impact at the pump, why has the Liberal Democrats Congress repeated blocked the US from increasing it domestic Oil production by 1,000,000 barrels a day by allowing production in ANWR? Why has the Liberal Democrat Congress blocked any increased production of Oil anywhere in the USA?

Democrats in Congress, can you explain why US Oil Production, despite record world wide demand for Oil, has been steadily dropping since 1986?

U.S. Crude Oil Field Production (Thousand Barrels per Day)

http://tonto.eia.doe.gov/dnav/pet/hist/mcrfpus2m.htm

2 posted on 05/24/2008 5:31:31 AM PDT by MNJohnnie (http://www.iraqvetsforcongress.com ---- Get involved, make a difference.)
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To: Libloather

“It would apply only if these profits aren’t reinvested in finding new renewable sources of energy or expanding refinery capacity.”

I was under the impression that money put back into research was, by definition, not profits.


3 posted on 05/24/2008 5:35:03 AM PDT by ex-NFO
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To: Libloather

Congress is moving on a host of energy-related measures.

The liberals are in control of both houses and are starting to feel the heat and may be in trouble in November. Nothing they can do will bring the price down before the election.

The kicker will be the heating season in the northern states. Does $1,500.00 per month, or more, for heating bills sound reasonable? You can stop driving or reduce your driving, but you have to keep warm.

Summer cooling bills will ramp up both in the south and the north.

The cost of living index does not include the increase cost of energy. I think Bill Clinton took that out of the calculations. So for senior citizens the SS check will not see much an increase.


4 posted on 05/24/2008 5:50:38 AM PDT by chainsaw ( No racist Muslims in the WH)
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To: Libloather
Clinton would offset the lost revenue by taxing the major oil companies.

How many people actually believe that increased taxes are actually paid out of the company's profits and not passed on to the consumer?

Oh, that's right, people who vote demoncrat.

5 posted on 05/24/2008 6:03:40 AM PDT by CPOSharky (Vote demoncrat: Kiss goodby to your money, privacy, freedom, and guns.)
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To: Libloather
Since the communists are running everything in Washington, let's have one of Mao's 5 year plans. Drill and explore for oil while at the same time developing alternative energy sources.
6 posted on 05/24/2008 6:06:20 AM PDT by mainerforglobalwarming
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To: Libloather

“It’s estimated, though, that opening the Arctic National Wildlife Refuge to the oil industry would reduce crude oil prices, now more than $130 a barrel, by about 75 cents a barrel.”

I’ll take it


9 posted on 05/24/2008 6:38:22 AM PDT by paul544 (3D-Joy OH Boy!!!)
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To: Libloather

If you like $4/gal, Thank Congress

Pray for W and Our Freedom Fighters


11 posted on 05/24/2008 6:39:56 AM PDT by bray (If everyone hates you, you must be doin something right?)
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To: Libloather

Read this and I think you will agree the oil industry has already been Nationalized in the US;

It was common in those days, as it is in ours, to identify the Communists as leftist and the Nazis as rightists, as if they stood on opposite ends of the ideological spectrum. But Mises knew differently. They both sported the same ideological pedigree of socialism. “The German and Russian systems of socialism have in common the fact that the government has full control of the means of production. It decides what shall be produced and how. It allots to each individual a share of consumer’s goods for his consumption.”

The difference between the systems, wrote Mises, is that the German pattern “maintains private ownership of the means of production and keeps the appearance of ordinary prices, wages, and markets.” But in fact the government directs production decisions, curbs entrepreneurship and the labor market, and determines wages and interest rates by central authority. “Market exchange,” says Mises, “is only a sham.”

Mises’s account is confirmed by a remarkable book that appeared in 1939, published by Vanguard Press in New York City (and unfortunately out of print today). It is The Vampire Economy: Doing Business Under Fascism by Guenter Reimann, then a 35-year old German writer. Through contacts with German business owners, Reimann documented how the “monster machine” of the Nazis crushed the autonomy of the private sector through onerous regulations, harsh inspections, and the threat of confiscatory fines for petty offenses.

“Industrialists were visited by state auditors who had strict orders to examine the balance sheets and all bookkeeping entries of the company or individual businessman for the preceding two, three or more years until some error or false entry was found,” explains Reimann. “The slightest formal mistake was punished with tremendous penalties. A fine of millions of marks was imposed for a single bookkeeping error.”

Reimann quotes from a businessman’s letter: “You have no idea how far state control goes and how much power the Nazi representatives have over our work. The worst of it is that they are so ignorant. These Nazi radicals think of nothing except ‘distributing the wealth.’ Some businessmen have even started studying Marxist theories, so that they will have a better understanding of the present economic system.

“While state representatives are busily engaged in investigating and interfering, our agents and salesmen are handicapped because they never know whether or not a sale at a higher price will mean denunciation as a ‘profiteer’ or ‘saboteur,’ followed by a prison sentence. You cannot imagine how taxation has increased. Yet everyone is afraid to complain. Everywhere there is a growing undercurrent of bitterness. Everyone has his doubts about the system, unless he is very young, very stupid, or is bound to it by the privileges he enjoys.

“There are terrible times coming. If only I had succeeded in smuggling out $10,000 or even $5,000, I would leave Germany with my family. Business friends of mine are convinced that it will be the turn of the ‘white Jews’ (which means us, Aryan businessmen) after the Jews have been expropriated. The difference between this and the Russian system is much less than you think, despite the fact that we are still independent businessmen.”

As Mises says, “independent” only in a decorous sense. Under fascism, explains this businessman, the capitalist “must be servile to the representatives of the state” and “must not insist on rights, and must not behave as if his private property rights were still sacred.” It’s the businessman, characteristically independent, who is “most likely to get into trouble with the Gestapo for having grumbled incautiously.”

“Of all businessmen, the small shopkeeper is the one most under control and most at the mercy of the party,” recounts Reimann. “The party man, whose good will he must have, does not live in faraway Berlin; he lives right next door or right around the corner. This local Hitler gets a report every day on what is discussed in Herr Schultz’s bakery and Herr Schmidt’s butcher shop. He would regard these men as ‘enemies of the state’ if they complained too much. That would mean, at the very least, the cutting of their quota of scarce and hence highly desirable goods, and it might mean the loss of their business licenses. Small shopkeepers and artisans are not to grumble.”

“Officials, trained only to obey orders, have neither the desire, the equipment, nor the vision to modify rules to suit individual situations,” Reimann explains. “The state bureaucrats, therefore, apply these laws rigidly and mechanically, without regard for the vital interests of essential parts of the national economy. Their only incentive to modify the letter of the law is in bribes from businessmen, who for their part use bribery as their only means of obtaining relief from a rigidity which they find crippling.”

Says another businessman: “Each business move has become very complicated and is full of legal traps which the average businessman cannot determine because there are so many new decrees. All of us in business are constantly in fear of being penalized for the violation of some decree or law.”

Business owners, explains another entrepreneur, cannot exist without a “collaborator,” i.e., a “lawyer” with good contacts in the Nazi bureaucracy, one who “knows exactly how far you can circumvent the law.” Nazi officials, explains Reimann, “obtain money for themselves by merely taking it from capitalists who have funds available with which to purchase influence and protection,” paying for their protection “as did the helpless peasants of feudal days.”

“It has gotten to the point where I cannot talk even in my own factory,” laments a factory owner. “Accidentally, one of the workers overheard me grumbling about some new bureaucratic regulation and he immediately denounced me to the party and the Labor Front office.”

Reports another factory owner: “The greater part of the week I don’t see my factory at all. All this time I spend in visiting dozens of government commissions and offices in order to get raw materials I need. Then there are various tax problems to settle and I must have continual conferences and negotiations with the Price Commission. It sometimes seems as if I do nothing but that, and everywhere I go there are more leaders, party secretaries, and commissars to see.”

In this totalitarian paradigm, a businessman, declares a Nazi decree, “practices his functions primarily as a representative of the State, only secondarily for his own sake.” Complain, warns a Nazi directive, and “we shall take away the freedom still left you.”

In 1933, six years before Reimann’s book, Victor Klemperer, a Jewish academic in Dresden, made the following entry in his diary on February 21: “It is a disgrace that gets worse with every day that passes. And there’s not a sound from anyone. Everyone’s keeping his head down.”

It is impossible to escape the parallels between Guenter Reimann’s account of doing business under the Nazis and the “compassionate,” “responsible,” and regulated “capitalism” of today’s U.S. economy today. At least the German government was frank enough to give the right name to its system of economic control.

Here is the link for this article:

http://mises.org/story/47


13 posted on 05/24/2008 7:05:30 AM PDT by stockpirate (Typical bitter white person, not voting for McCain, he's socialist.)
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To: Libloather
are RATS that out of touch?

Yes, but so are RINOs.

14 posted on 05/24/2008 7:31:10 AM PDT by SteamShovel (Global Warming, the New Patriotism)
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