Pelosi: GOP’s Oil Drilling Plan Is A ‘Hoax’

CNSNews ^ | August 5, 2008 | Staff

[yoe]

A Republican plan to open more public land to oil exploration and drilling is “unworthy of serious debate,” House Speaker Nancy Pelosi (D-Calif.) said on Monday.

Under pressure from Republicans to call Congress back into session, Pelosi on Monday issued a statement saying that Democrats have already offered a “real solution” to the nation’s high energy prices.

Democrats want to force President Bush to “free our oil” from the nation’s emergency stockpile. Diverting oil from the Strategic Petroleum Reserve “would bring immediate relief within 10 days,” Pelosi insisted.

She said a Republican plan to “give away public lands to Big Oil” will not immediately reduce prices at the pump -- and it would save Americans “only 2 cents ten years from now.”

“This Republican hoax is unworthy of the serious debate we must have to reduce the price at the pump and promote energy independence,” Pelosi said.

Pelosi accused Republicans of promoting the interests of “Big Oil” and the Bush administration, something that has resulted in $4-a-gallon gasoline, she said.

Republicans favor an “all-of-the-above” approach to the energy crunch. They want expanded domestic oil drilling, expanded nuclear power, conservation, and the development of alternative sources of energy.

Pelosi, however, refuses to even allow a vote on expanded domestic oil drilling. She and other Democrats say oil companies should drill on the 68 million acres they already control -- an argument dismissed by the oil companies, who say they already stand to forfeit any leases they fail to develop within a set period of time.

House Democrats also are pressing for new investments in renewable energy, increasing vehicle fuel efficiency standards, making mass transit more affordable, cracking down on price gouging, and releasing oil from the government's stockpile.

[yoe]

For someone who has led her party to unmeasured depths of despair in the history of the United States Congress, for Ms. Pelosi to say anything at this date is ludicrous.

[Lady Jag]

 The Democrat 'Energy Plan'

 

1.    You can't drill for oil anywhere.

 

2.    You can't build a refinery anywhere.

 

3.    You can't build a nuclear power plant anywhere.

 

4.    You can't burn coal for electricity.

 

5.    You can't allow the oil companies to reinvest their profits into exploration.

 

6.    But you can drive up the price of food by subsidizing an ethanol industry that takes land out of food production while using more energy than it creates.

 

7.    You must continue to tax every gallon of gas that we put in our tanks.

 

8.    You must threaten all energy users with additional 'carbon taxes'.

 

9.    And just in case some entrepreneur out there somewhere may have an idea for an alternative energy concept that just might work, you must raise the capital gains tax so that investors have less capital and less incentive to invest in his/her project.

 

Count your blessings.  With the coming change in administration, it will be a wonder if the price of gasoline doesn't get to $10 per gallon.

 

 

[Izzy Dunne]

OK, Queen Nancy: if it's a hoax, then let the Republicans do it.

The oil companies will go broke drilling for this missing oil.

The Republicans will lose face, not to mention elections.

Prices will remain high.

What's for you not to like?

[Lurker]

So let me get this straight.

Drilling for the 50 billion or so barrels of oil we have in the ground will have at best a 1 or 2 cent price benefit at some point in the future but releasing a couple hundred thousand barrels now will drop the price more than a dime.

Riiiigggghhhttt.

Why isn't this woman being declared certifiably insane?

[tcostell]

This is going to cost her and her part control of congress.

Way to go Nancy ... stick it to the man.... stand up to those greedy "big oil" bastards!!!

You go girl!!!

[econjack]

Pelosi on Monday issued a statement saying that Democrats have already offered a “real solution” to the nation’s high energy prices...Diverting oil from the Strategic Petroleum Reserve “would bring immediate relief within 10 days,” Pelosi insisted.

So THAT'S their plan. Pump more oil for 38 days and then...what?? You call that a "plan", you ego-maniacal, stupid, self-serving bi$#h.

[DaveArk]

Why is Pelosi against increasing American jobs?

[Sacajaweau]

The crime of it all. Pelosi wants the oil company profits in the form of TAXES...

The problem is" I want the profits: to heat my home, light my lights, run my car...

Shove the damn taxes...Why am I paying TAXES AT THE PUMP and VIA the supplier to the Government??

[Wonder Warthog]

"6. But you can drive up the price of food by subsidizing an ethanol industry that takes land out of food production while using more energy than it creates."

Two lies in one sentence. Sorry, LJ, but this one won't pass muster. Corn ethanol has a positive energy balance (not a huge one---but it "is" positive, of around 1.4 to 1). And thus far I haven't been able to find any evidence of any signficant decrease in availablity for sale of any commercial grain crop--CERTAINLY not corn. The crop surplus last year was gigantic--far more than needed to supply the US with all the corn-derived foods it ever did, fulfill the needs of the ethanol plants, and still have stuff left over to export.

[Doogle]

Bela hoax

[sarasota]

Is that really the best she can come up with? Poor poor pitiful Pelosi.

[Seaplaner]

Says the cynically mendacious Pelosi...A Republican plan to open more public land to oil exploration and drilling is “unworthy of serious debate.

Translation: Democrats would lose the debate and everyone would know they WANT high fuel prices and the economic pain that goes with them.

Pelosi, displaying an ignorance of economics that can only be called "streaking stupidity", writes... Democrats have already offered a “real solution” to the nation’s high energy prices. [laughter]. Diverting oil from the Strategic Petroleum Reserve “would bring immediate relief within 10 days.

Ms Pelosi.

Unlike the vast reserves in off shore (and other domestic) oil fields, the strategic reserves are much more limited, and would only increase supply for a relatively short period.

I assume (and hope) that you know this and that you are merely lying.

.

[ari-freedom]

ok Pelosi, this is supply... And this is demand...

[ExTexasRedhead]

IMO, Pelosi, the National Disgrace, stepped in “it” up to her treasonous eyeballs.

[DJ MacWoW]

only 2 cents ten years from now

Courtesy of penelopesire. In 1905,the Glenn Pool Oil discovery in Oklahoma went from discovery in a remote wilderness to full production in just 2 years. That means wells drilled,infrastructure built, storage tanks built,(they use to flow the oil into earthen pits before they got the tanks built btw), and pipelines spanning some 450 miles were completed by late 1907.

And remember folks...most of the area had no rail lines, so the equipment was brought to the area on MULES!!

Nancy is claiming it will take ten years to do what they did in 2 with mules. Either she's stupid or she thinks we are.

[rwa265]

C’mon now, stop trying to confuse her with the facts. :-)

[Ben Reyes]

Does she mean there won’t be a vote when it’s time to?

[areukiddingme1]

Hhhhuuummm, I was thinking something more along the lines of; A Democrat plan to screw the public into believing that the Global Warming Monster exists is “unworthy of serious debate.” The public said on Monday.

[El Gato]

Count your blessings. With the coming change in administration, it will be a wonder if the price of gasoline doesn't get to $10 per gallon.

Within the next 2 year +/-.

BOHICA

[Old Sarge]

And the Lie was spoken from the mouths of the Faithful, and the Sheep believed, saying, “Who is like unto the Beast who warns us all of the hoax?” And the Sheep wailed and gnashed their teeth at the high costs, blaming those who they were stirred against by the Beast.