Posted on 06/27/2008 11:07:46 AM PDT by bs9021
Oil for the Tanks of America
by: Ben Giles, June 27, 2008
Witnesses at Tuesday’s Joint Economic Committee hearing stressed the need for a multifaceted, bipartisan approach to solve escalating gas prices.
Senators on both sides of the aisle used the hearing to place blame for America’s gas woes on the opposite party. Sen. Charles E. Schumer (D-NY), committee chairman, set the tone of the hearing with his opening statement.
“With seven years under their belt, this White House has taken zero proactive steps to reduce our dependence on foreign oil,” said Schumer.
Schumer, who presented plans to lower the demand for oil, repeatedly discredited the Bush administration. He also took a shot at Republican presidential hopeful Sen. John McCain (R-AZ).
“It is a crime against our future that the White House and Republican Congresses since 1995 have opposed increasing fuel economy standards for so many years,” added Schumer.
Republican committee members countered quickly, first when Sen. Sam Brownback (R-KS) pointed to flaws in the Democrat’s primary solution to the gas crises: alternative energy.
“At the end of the day, you still have a gasoline-based system at the present time and into the near future,” said Brownback. “And you’re going to need more oil production and more supply.”
Sen. Bob Bennett (R-UT) chastised the Clinton White House in his opening comments, referring to the administration’s veto which halted legislation to drill for oil in the Artic National Wildlife Refuge (ANWR). The Republican’s solution hinges on increasing America’s oil supply.
“If indeed we had proceeded in ANWR at the time congress passed it,” said Bennett, “we would now be receiving from ANWR a million barrels of oil a day.”...
(Excerpt) Read more at campusreportonline.net ...
““With seven years under their belt, this White House has taken zero proactive steps to reduce our dependence on foreign oil,” said Schumer.”
What an unmitigated ass. Anyone care to list all the bills that were shot down by the dems to get us to energy independence over the years?
And his plan is more regulation.
What a freakin idiot.
The price of dilithium crystals is so high now, Captain, we can afford enough to only reach Friday and might not make the Saturday show this time.
--Scottie
“At the end of the day, you still have a gasoline-based system at the present time and into the near future,” said Brownback. “And you’re going to need more oil production and more supply.”
800,000,000 fossil fuel based vehicles cannot be replaced overnight. It will take at least 30 years. (That is if the auto industry can get the ‘thermal event’ worked out from the battery operated autos soon. Do you think they want to put another dangerous product out there?)
Hey schmucky, Clinton had 8 years, no? There you go! As far as I see it your all at fault. DRILL FOR OIL ON AMERICAN SOIL, nothing less is acceptable!
Drill here, DRILL NOW.
Dumbasses in Congress...
Wouldn't that be the year that Congress passed ANWR and President Clinton vetoed it?
““With seven years under their belt, this White House has taken zero proactive steps to reduce our dependence on foreign oil,” said Schumer.”
Schumer the tumor needs to say what his alternate energy plan is and when it will be ready.
The Democrats clearly like high energy prices and are doing everything to make them higher.
If the pubbies can’t win the WH, senate and house seats on the oil price issue, then we’re in big trouble.
Just for clarification. Drilling is ongoing in North Dakota. Most of the Bakken Field is below private land and has not been held up by Congress. There is quite a bit of drilling going into this field and has been going on for a few years.
But this type of formation doesn't produce gushers and is not cheap to drill. It is being produced but this field isn't going to jump our domestic production up by several MMBPD in a couple months.
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