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Obama Calls for More Regulation of Oil Industry (no change, no hope for drilling)
NY Sun ^ | 6/23/08

Posted on 06/23/2008 5:50:05 AM PDT by Libloather

click here to read article


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I think I just heard the rookie Hussein say that schools are cutting back on textbooks in order to keep the buses rolling.
1 posted on 06/23/2008 5:50:06 AM PDT by Libloather
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To: Libloather

Among many other things, Obeyme’s certifiably insane.


2 posted on 06/23/2008 5:53:56 AM PDT by Eurale
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To: Libloather

Obama should be referred to as MT Suit. Talk about a gift for McCain. One which he probably won’t take advantage of.


3 posted on 06/23/2008 5:55:30 AM PDT by stratboy
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To: stratboy

McCain needs to begin to really emphasize this! I can think of several good video commercials to do so....hope they GET ON IT.


4 posted on 06/23/2008 5:58:45 AM PDT by SumProVita ("Cogito ergo sum pro vita." .....updated Descartes)
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To: stratboy

$150 bbl, here we come.


5 posted on 06/23/2008 6:01:12 AM PDT by Eric in the Ozarks
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To: Libloather

The stupid SOB does not know chit about anything.


6 posted on 06/23/2008 6:02:08 AM PDT by Piquaboy (22 year veteran of the Army, Air Force and Navy, Pray for all our military .)
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To: Libloather

Obambi is betting that $5 gas will not cost him votes.

If he gets away with blaming oil and speculators, we’re in big trouble.


7 posted on 06/23/2008 6:04:03 AM PDT by y6162
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To: Libloather

So Black Oblack’s idea of Change is rearranging the Deck Chairs?? If you want 10/gal, Vote Obama.

Pray for W and Our Troops


8 posted on 06/23/2008 6:04:25 AM PDT by bray (Drill Congress!!!)
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To: bray

The oil “industry” is not the “Commodities” market. Economical Illiteracy is the hallmark of the Magical One. Giving the Retarded Kid a paper route is cute. Making him president is crazy.


9 posted on 06/23/2008 6:11:10 AM PDT by massgopguy (I owe everything to George Bailey)
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To: Libloather

Democrats have no right to call themselves “Progressive” when they spend all their time suppressing progress.


10 posted on 06/23/2008 6:11:38 AM PDT by NavyCanDo
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To: Libloather

Let’s review:

To bring down oils prices and end America’s dependence on foreign oil, Obama wants to:

1. Increase regulation on the OIL INDUSTRY, thus INCREASING their costs of doing business.

2. Increase the TAXES on the OIL INDUSTRY, thus INCREASING the cost of the products TO THE CONSUMERS.

3. DECREASE the places that the OIL INDUSTRY can DRILL for MORE OIL, thus DECREASING the SUPPLY of OIL on the MARKET, thereby INCREASING the PRICE of the OIL on the MARKET.

4. INCREASE the FUEL MILEAGE MANDATE on the AUTO INDUSTRY, thus making automobiles SMALLER and MORE DANGEROUS, thereby KILLING MORE PEOPLE, especially CHILDREN.

Okay....got it.........sounds like a plan.................


11 posted on 06/23/2008 6:19:31 AM PDT by Red Badger (NOBODY MOVE!!!!.......I dropped me brain............................)
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To: Libloather
Dumbo has BIG ears, but he is not dumb. Jackasses have BIG ears some of them are really dumb. Oboma has BIG ears, he is a Democrat Jackass and he is really dumb.
12 posted on 06/23/2008 6:27:21 AM PDT by CHEE (ROCK STEADY!)
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To: SumProVita

McCain needs to begin to really emphasize this! I can think of several good video commercials to do so....hope they GET ON IT.

This one issue could make the difference. We want to be oil independent .


13 posted on 06/23/2008 6:29:38 AM PDT by Big Horn (I am bitter, I just want to eat my waffle.)
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To: Eric in the Ozarks
We need McCain and the Republicans in Congress to fight for us now, more than ever. I spoke with someone who locked in his home heating oil price for next winter, 4.50 A GALLON!
How are we supposed to live like this? Barry and the Dems think this is just fine. Here is some info I got from another board, it's pretty scary how blatant they are about scr@wing over average Americans.
>>From redstatesusa.com:

The latest evidence that the Democrats want America to come in second place.

Newt Gingrich is pushing his Drill Here. Drill Now. solution as gas prices go up. It is a great idea. Along those lines, here is some information that really reflects the differences between the Republicans and Democrats in the U.S. House — and why winning back the House is important.

In a breakdown of top energy issues, you'll find the GOP is in favor of more options for energy than the Democrats.

ANWR Exploration
House Republicans: 91% Supported
House Democrats: 86% Opposed

Coal-to-Liquid
House Republicans: 97% Supported
House Democrats: 78% Opposed

Oil Shale Exploration
House Republicans: 90% Supported
House Democrats: 86% Opposed

Outer Continental Shelf (OCS) Exploration
House Republicans: 81% Supported
House Democrats: 83% Opposed

Refinery Increased Capacity
House Republicans: 97% Supported
House Democrats: 96% Opposed

That's startling information. Look at that again. Put another way, the Republicans are opposed to grinding our economy to a halt due to soaring energy costs and the Democrats are in favor of shutting down our economy and way of life.

Why are the Democrats so in favor of shutting down the American economy? Because they've become wedded to an entrenched group of radical environmentalists who see the United States as the greatest threat to the earth.

The Democrats want the United States to fall behind because they see it as the only real way to, as Barack Obama said, let the earth “heal” and “the oceans ... recede.” The only way to save the planet is to humble America, apparently.

No wonder so many radicals and terrorists like Obama. The whole party is eaten up with anti-American sentiments.<<
h/t LGF

14 posted on 06/23/2008 6:31:20 AM PDT by ishabibble (ALL-AMERICAN INFIDEL)
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To: y6162

Big oil, Big oil, Big oil. That is all he says. It takes huge investments to find a well, drill it and get it to market.


15 posted on 06/23/2008 6:35:10 AM PDT by Big Horn (Lets drill and get a thrill. More gas in every pot..)
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To: Libloather
Man-o-man do I love these guys, not. They're all full of shiite, Dems and Republicans both. "Loophole" is used five times.

As far these asshats are all concerned if something is not regulated, taxed or covered by some bullcarp law, it's a "Loophole". So excuuuuuuuuuse me but take all your "loopholes" and shove them up your collective butts.

To these mopes the 10th Amendment is a "Loophole".

/rant

16 posted on 06/23/2008 6:36:57 AM PDT by Condor51 (I have guns in my nightstand because a Cop won't fit)
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To: y6162

Big oil, Big oil, Big oil. That is all he says. It takes huge investments to find a well, drill it and get it to market.


17 posted on 06/23/2008 6:45:58 AM PDT by Big Horn (Lets drill and get a thrill. More gas in every pot..)
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To: Libloather
They actually passed a law in the Farm Bill that closes the so-called “Enron Loophole”.
Obama is such an empty suit that he can't even come up with an original idea.
18 posted on 06/23/2008 6:51:53 AM PDT by tobyhill (The media lies so much the truth is the exception)
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To: Libloather
Obama’s says he plans on expanding on the current law closing the “Enron Loophole”.

He's going to require the Margins be increased but it was done already by law and voluntarily by NYMEX.

He's going to require the CFTC, DOJ and FTC investigate “market manipulation” by speculators but that too is already done and no evidence has ever been found of wrong doing.

19 posted on 06/23/2008 7:02:00 AM PDT by tobyhill (The media lies so much the truth is the exception)
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To: Libloather

20 posted on 06/23/2008 7:05:53 AM PDT by Recovering_Democrat (Just say NObama!)
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