Morning Bell: Pelosi Asks, We Answer
http://theheritagefoundry.org/2008/08/07/morning-bell-nancy-asks-we-answer/
* Posted August 7th, 2008 at 8.54am in Energy and Environment.
Feeling pressure from the House Republican revolt on energy prices, Speaker Nancy Pelosi took time from her busy book tour — current Amazon sales rank No. 1,631, and priced to sell at $16.29, down from the original $23.95 — to release a “Top Ten Questions for the House GOP on Energy.”
The first thing one notices about these “10 questions is that there are only nine of them. But leaving math aside, and ignoring two political questions addressed to John McCain and past Congresses, here are policy answers to the remaining 7 questions:
1. House Democrats have put forward 13 major proposals that would increase supply, reduce prices, protect consumers and transition America to a clean, renewable energy-independent future. … How can Republicans claim to want to help consumers and businesses when they oppose these policies?
Of the 13 proposals Pelosi cites, only three could possibly claim to increase energy supply.
Two of them involve either tax incentives or increased government investment in renewable energy. We’ll address renewable energy mandates below (see question No. 9).
Pelosi also cites her efforts to require “oil companies to drill on 68 million acres they already control.” This is the silliest claim of all. Oil companies can only drill where oil is. There are 9.4 billion acres on the moon. Pelosi could require oil companies to drill there, but it wouldn’t produce one drop of oil.
Rest at link
Good article. Answers a lot of questions.