Posted on 06/09/2008 8:23:03 AM PDT by pissant
"The United States has an opportunity to help increase the supply of oil on the market," thereby easing gasoline prices for hard-working Americans," President Bush said on Monday.
He reminded Congress that he has proposed opening the Arctic National Wildlife Refuge and the Continental Shelf to domestic oil drilling -- something that would "help us through this difficult period."
Citing concerns about the environment, the Democrat-led Congress has so far refused to go along with domestic oil drilling.
"We remind our friends and allies overseas that we're all too dependent on hydrocarbons, and we must work to advance tech that help us become less dependent on hydrocarbons," Bush said on Monday as he headed out to Europe.
He said oil prices and "our nation's commitment to a strong dollar" are among the global issues he plans to discuss on a week-long visit to Europe.
The president is beginning his European trip in Solvenia, at an annual summit between the U.S. and European Union. He'll also visit Germany, Italy, France and Britain.
Press reports said Bush is expected to press America's European allies to boost their support for the war in Afghanistan -- as well as put more pressure on Iran to discourage its nuclear ambitions. The talks also will touch on humanitarian aid, the world food crisis, climate change and economic integration of both sides of the Atlantic.
Bush will meet with European leaders again next month, at the G-8 summit in Japan.
Not quite George. If these areas were opened today, it would be a few years before we'd see any effect on the gasoline market. But it's a good start.
While I’m all for domestic oil, I don’t beleive it’s a magic pill.
>> “our nation’s commitment to a strong dollar”
I think W needs to pull down the ol’ dictionary and look up the word “commitment”.
I don’t think it actually means what he thinks it means!
I’ll bet it’s “Slovenia” not “Solvenia.”
BTW: why should we care about reducing our hydrocarbon uptake? Global warming is a hoax; let’s just call it for what it is.
The hydrocarbons we need to reduce are the ones we buy from abroad. The financial drain is wrecking the economy and impoverishing all of us.
>> If not for the RINOs, we could have been drilling in ANWR starting in 2001.
Or at least, 2002... might’ve been a little easier to pull this off when the same party controlled the congress AND the white house. Yathink?
That’s a good point. I do believe we would see some drop, maybe not huge but every little bit helps.
Is he kidding? Wait. This is satire, isn't it?
This should have been part of the policy immediately after 9/11. (Actually, it should have been policy for the last 30 years).
This is a national security issue now, and in combination with a stepped up program to search for alternatives, it should override the fuzzy science that’s driving the decisions today.
They had several months of majority before Jumpin Jim left the republicans.
Or perhaps he’s saying the “difficult period” won’t end in a matter of months.
I believe there is some research that shows this is, indeed, the case.
Basically, the prices would drop because of the impending (and serious) threat of a new supplier. Current suppliers react by providing more supply (i.e., lowering prices) to make the ROI unattractive to prospective investors in the new supply source.
I may not be stating all of the particulars accurately, but that’s the jest of it.
Bush — barking at the moon again, still hoping for a “NEW TONE” in Washington. I guess he did not feel the giant rectal suppository that the Dims gave him in 2001 when it comes to “new tone” and liberal cooperation. Someone should buy Jorge a copy of the New York Slimes.
Typical remark or whiners.....let someone else do the writing (I do daily) let someone else do the calling (done daily)just complain it is sooooo much easier. Not drilling is the fault of a lax people who think government is the end all be all when government it the problem 9 times out of 10. Get active yourself - Never put more than 10 gallons in your tank at a time and never buy gas on a Monday. Want something done? Hammer your elected. DRILL HERE, DRILL NOW, AND PAY LESS.
JUST DOO!
Drill Our Own
Help increase the supply of crude, but not significantly. Coal to liquid plants woulod increase supply of fuels significantly, if not cheaply. Nothing will help reduce the cost of fuel.
Given the current “go green” hysteria hitting the nation, I am afraid the President’s call will, once again, fall on deaf ears as the sheeple will all too willingly blame “big oil” and evil SUV’s rather than the real culprits, i.e the Marxists masking as environmentalists. Nonetheless, the truth must continue to be spoken even if it is a waste of breath. One day (as gas prices continue to rise and “windfall profits taxes” result in shortages) the sheeple will realize that blaming the bogeyman results in little and the real culprits will be exposed.
Well there’s a timly request. /sarc
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.