Posted on 06/23/2008 2:00:49 PM PDT by Sub-Driver
Press Releases Contact: Brendan Daly/Nadeam Elshami 202-226-7616 For Immediate Release 06/23/2008 Pelosi Statement on Senator McCain’s Energy Proposals
Washington, D.C. – Speaker Nancy Pelosi released the following statement today on Senator John McCain’s energy proposals:
“With American consumers and businesses struggling as the price at the pump cascades across our economy, Senator McCain’s proposals show he aims to continue the ‘drill and veto’ policies of the current Administration. John McCain’s energy proposal is an attempt to divert attention away from his recent flip flop and his support of the failed Bush-Cheney policies that have resulted in skyrocketing gasoline prices for consumers and skyrocketing profits for Big Oil.
“Last week, Senator McCain reversed himself and said we need to drill more. Today, he has reversed years of failing to support more efficient cars, new energy technologies and green jobs. Democrats welcome a debate on energy independence from Senator McCain, but we just don’t know which John McCain we are debating.
“Americans are suffering under the Bush-Cheney-McCain policies that were written by Big Oil: $4 a gallon gasoline; $136 per barrel oil and increased reliance on foreign sources of energy. Americans need and deserve a consistent vision for energy independence that will invest in real solutions from their next President.”
* * *
Some of McCain’s Missed Opportunities on Energy
RENEWABLE ENERGY TAX INCENTIVES
Sen. John McCain missed two critical energy votes on H.R. 6, The Energy Independence and Security Act, in December 2007. These votes – on December 7th and 13th – would have stopped debate and allowed a vote on an energy bill that included critical tax incentives for renewable energy sources – a bill to strengthen national security, lower energy costs, reduce global warming, grow our economy and create new jobs, and increase American energy independence. These votes were critical to making a $21 billion investment in clean, renewable energy and energy efficiency, including a $3,000 tax credit to help working families afford fuel-efficient plug-in hybrid and electric vehicles. On the morning of December 13th, Sen. John McCain was the only United States Senator to not vote on this measure. The cloture vote needed sixty votes to pass. It failed, 59-40 and Senate Republicans forced the tax credits to be stripped from the larger energy bill in order to protect $13 billion in subsidies for Big Oil. [Senate Vote #416, 12/7/07; Senate Vote #425, 12/13/07]
The New Direction Congress has already passed innovative energy legislation and will bring the following four additional proposals to the House floor this week:
· Reducing Transit Fares (H.R. 6052) - Gives grants to mass transit authorities to lower fares for commuters pinched at the pump and expand transit services.
· Cracking Down on Price Gouging- Gives enforcement authority to the Federal Trade Commission to investigate and punish those who artificially inflate fuel prices, similar to legislation passed last year.
· Closing the "Enron-like London Loophole" for Petroleum Markets - Takes steps to curb excessive speculation in the energy futures markets, which experts have noted is driving up the price of a barrel of oil.
· "Use It Or Lose It" for Oil Companies Holding Permits and Not Drilling - Compels the oil industry to start drilling or lose permits on the 68 million acres of undeveloped federal oil reserves which they are currently warehousing, keeping domestic supply lower and prices higher.
Psssssttttt... Nancy! YOU are in charge right now. It’s your show and your promise of lowering gasoline prices which are on display right now. Your boat it sinking.
Does anyone hear a mouse squeaking somewhere...?
We're still at least 22 years from replacing fossil fuels by 10% with alternatives. Pelosi, don't you think it would be better to increase domestic supply by 10% in less than 5 years until the alternatives are available?
The New Direction Congress with a 12% approval rating (new record low) and gas prices that have skyrocketed since the 2006 pledge to lower gas prices.
Dear people - how much time does that stupid woman have in office?
Not only is her facelift permanently flying high - it appears she is herself.
Commie b!tch!!!
LLS
Pelosi has set back feminism to the pre-Cambrian period. You will not find a more sterling example of bimboness. Without her rich husband, she’d be saying “Want to supersize that?”
If you like $5/gal, Thank Do Nothing Nancy. If you want $10/gal, Vote Obama.
Pray for W and Our Troops
Translation: Eat Cake!
In typical DhimmiRat LibTard fashion, Nancy continues to blame rather than act in the best interest of the people.
These idjits need to be tossed out on their ears.
Close the speculation loophole? OK, let’s give it try... Right along with drilling; in ANWR, off the East Coast, the West Coast and in the Gulf. I’d suggest we drill off shore, before the Chinese do.
· Cracking Down on Price Gouging- Gives enforcement authority to the Federal Trade Commission to investigate and punish those who artificially inflate fuel prices, similar to legislation passed last year.
So Nancy, when does the investigation of OPEC start?
The New Direction Congress with a 12% approval rating (new record low)
And two of those senators were pulled out to run for President. One of them will be elected.
God help us.
About the only thing these leftists in congress can do proprely is point and blame, they have not passed or come up with any solutions since they took over, this is a big waste of our tax dollars and reasons to kick thier a##es out!
Reducing Transit Fares (H.R. 6052) - Gives grants to mass transit authorities to lower fares for commuters pinched at the pump and expand transit services.
Local transit is a responsibility of local governments. Why should the Feds get invovled? We know that with Federal funding come Federal strings. Do you really want the Federal government sticking its nose in your city's transit policy?
I suspect for the vast majority of citizens, the answer is "no."
· Cracking Down on Price Gouging- Gives enforcement authority to the Federal Trade Commission to investigate and punish those who artificially inflate fuel prices, similar to legislation passed last year.
In other words, let's go on a witch hunt against gas station owners. Never mind their margins are so thin they are barely staying in business.
· Closing the "Enron-like London Loophole" for Petroleum Markets - Takes steps to curb excessive speculation in the energy futures markets, which experts have noted is driving up the price of a barrel of oil.
Which so-called "experts" are saying this? What gives them this supposed expertise? And where is the evidence that they are correct? To date, none has been presentd.
· "Use It Or Lose It" for Oil Companies Holding Permits and Not Drilling - Compels the oil industry to start drilling or lose permits on the 68 million acres of undeveloped federal oil reserves which they are currently warehousing, keeping domestic supply lower and prices higher.
Yeah, that's the ticket. Let's force oil companies to develop leases that aren't profitable at current prices. That will sure make them jump at the chance to bid on leases in the future!
And never mind the breach of contract that the above measure would result in.
If this is the best Pelosi & Co. can do, then I'm not too worried about McCain winning the energy debate.
“If you want $10/gal, Vote Obama”
In a news clip tonight, Obama said, the ONLY way to reduce gas cost was to reduce demand. (what happened to SUPPLY and demand?) demos are loosers on this issue.
“Americans are suffering under the Bush-Cheney-McCain policies that were written by Big Oil: $4 a gallon gasoline; $136 per barrel oil and increased reliance on foreign sources of energy. Americans need and deserve a consistent vision for energy independence that will invest in real solutions from their next President.”
What pro socialist junk coming from Nancy Pelosi!
In addition to oil off the west coast, we already have huge oil reserves and oil wells already drilled and capped in Alaska, Prudhoe Bay, Gull Island. Not only that but the pipeline is already there. In less than a year, motorists could be pumping gasoline for less than $2/gallon.
Would it not make sense for the government to spend more on R&D in connection with environmental friendly ways to harvest existing resources? Would it not be a good idea to reduce the cost of diesel fuel for the nation's truckers? Would it not be a good idea to depend less upon foreign sources of oil?
Instead the leftist insanity continues to punish the oil companies with higher taxes, and to pretend that the laws of supply and demand do not exist.
Haven’t we been trying to reduce demand for 30 years and it keeps going up. What are you going to replace Trucks and Trains with? How you going to heat your home or power a factory? How you going to get the Chinese/Indians/Japanese to reduce their useage?
The only answer is increase Supply. If you want $10/gal, Vote Obama.
Pray for W and Our Troops
The Left’s only strategy, repeated over and over, is to hide their own failures and lack of workable ideas by demonizing the opposition, in this case it is President George W. Bush, and once they have thoroughly stomped them into the ground they promise “change.” Even a preschooler could figure that out were it not for the salivating support they are given by the media around the clock.
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