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Posted on 09/22/2008 12:24:07 PM PDT by scooby321
Oil up 20& after Nancy announcement
(Excerpt) Read more at humanevents.com ...
House Democrats are bypassing renewal of the offshore oil drilling ban by including the entire Pelosi “drill nothing” energy bill in a draft of a Continuing Resolution. HUMAN EVENTS obtained a copy of the most recent House draft CR this morning.
The Pelosi bill, HR 6899, fails to open more than a miniscule part of the available offshore drilling areas and -- even worse -- it establishes permanent bans on development of most other domestic energy sources (natural gas, oil shale, etc.) and does nothing to develop nuclear power. It passed the House earlier this month and is now languishing in the Senate as a separate measure.
As one member of Congress said last week, it’s got more incentives for bicycle riding than for nuclear power.
Now, the House leaders have included the “drill nothing” bill in a new draft Continuing Resolution. According to the document we obtained, Section 152 of the draft CR says:
[FEDERAL OIL AND GAS LEASING; INTERIOR] SEC. 152. Notwithstanding section 101, the terms and conditions for Federal oil and gas leasing set out in title I of the Comprehensive American Energy Security and Consumer Protection Act (H.R. 6899), as passed by the House of Representatives on September 16, 2008, shall apply in lieu of the terms and conditions in sections 104, 105, and 433 of division F of Public Law 110–161.
Congress must pass a continuing resolution before September 30 in order to prevent a government shut-down for lack of fundin
Stay tuned. This is getting uglier by the moment.
There are some individuals, companies and countries that benefit from high oil prices and then there are the rest of us who don’t. Nancy works for the first bunch, not us.
They are deliberately trying to "Bring it all down, man!!!" Just like the Berkeley Commie protester was yelling in the 1970's...
That’s just more ammo for Republican Congressional candidates, and McCain-Palin.
Actually, the October contract is up $15, but it stops trading today. Some doofuses got caught short going into contract expiration, and now they have to cover. The November contract, which is the one we should be watching, is up $6.25 to $108.97. Most of this is a Dollar play, as the Euro rose the most in its history against the Dollar today.
We don’t need these imbeciles (Democrats) in charge here!!!
Claire Wolfe the clock is speeding up.
Bugeyes Piglousy has finally shown her incredible stupidity and ignorance by cutting her own throat.... This will Backfire and destroy her politically and intellectually. Even the dumbest Demorats will finally understand that she is dumber than a Rock! Any brains Nancy ever had must have hemorraged out of her head during one of the dozens of face distortion surgeries she has obviously had. Nancy is a pathetic case, She looks like a Sea Hag that has been ridden hard and put up Wet!:-)
Bugeyes Piglousy has finally shown her incredible stupidity and ignorance by cutting her own throat.... This will Backfire and destroy her politically and intellectually. Even the dumbest Demorats will finally understand that she is dumber than a Rock! Any brains Nancy ever had must have hemorraged out of her head during one of the dozens of face distortion surgeries she has obviously had. Nancy is a pathetic case, She looks like a Sea Hag that has been ridden hard and put up Wet!:-)
Bugeyes Piglousy has finally shown her incredible stupidity and ignorance by cutting her own throat.... This will Backfire and destroy her politically and intellectually. Even the dumbest Demorats will finally understand that she is dumber than a Rock! Any brains Nancy ever had must have hemorraged out of her head during one of the dozens of face distortion surgeries she has obviously had. Nancy is a pathetic case, She looks like a Sea Hag that has been ridden hard and put up Wet!:-)
Fat chance. The Republicans in Congress have been neutered, and all President Bush will do is let the discussion continue. Bush should signed an Executive Order eliminating the offshore ban TODAY instead of waiting it out until October 1. A lot of people are losing a substantial amount in their retirement and investment accounts, and these wild oil swings aren't helping.
Her ploy is obvious to us. However, with ABC, AP and (MS)NBC on point for the Democrat Party, I’m sure the spin will be against us.
Apologies for the accidental triple post, the banner kept saying “Please post again”. Well, anyway Obama would blame it on anybody or thing but himself! The blamme in this case is ALL MINE! Thats another reason I could never be a Demorat since I accept responsibility for my actions, something Obama will never do!
NOBAMA IN 08! NOBAMA’S EVER FOR AMERICA!
Energy Alert [Stephen Spruiell]
While all eyes are diverted to the mess on Wall Street, Nancy Pelosi and the Democrats are attempting to extend the ban on offshore drilling, which is set to expire October 1. This just in from Jeb Hensarling's office:
WASHINGTON, D.C. – Congressman Jeb Hensarling (R-TX), Chairman of the House Republican Study Committee, today issued the following statement after House Democrats released a discussion draft of a continuing resolution that included a provision to actively and permanently prevent exploration of nearly 90 percent of the Outer Continental Shelf and block energy production in the Inter-Mountain West:
“On October 1, the bans on offshore drilling and oil shale recovery will expire, enabling us to develop more American energy. Unfortunately, Speaker Pelosi and Democrats in the House have made clear that they will continue to actively prevent exploration from occurring.
“Since the Democrats took control of Congress, Americans have seen prices at the pump increase by 75 percent. Americans watched as Democrats, led by Speaker Pelosi, took a five-week vacation this summer while they suffered. Americans also watched as Democrats brought a hoax, no energy-energy bill to the floor last week. And today, Americans watch as Democrats prevent access to American energy in a bill designed to keep the government functioning. Once again, when it comes to providing solutions to help lower fuel prices for Americans, Speaker Pelosi and House Democrats are more out of tune than a rusty piano.
“Speaker Pelosi and House Democrats have made clear their desire to appease environmental extremists while fooling the American people into thinking that they support Republican efforts to open up America’s energy resources.”
As recently as last week, leading Democrats were saying that they didn't have the votes to renew the drilling ban; they are simply outpolled on this issue two-to-one. Now they are hoping the crisis on Wall Street distracts the public long enough for them to extend the ban. (And make no mistake: Their plan, which locks up 90 percent of America's offshore oil and gas reserves, is an extension of the ban. That's why the New York Times editorial board and the Sierra Club, with a wink and a nod, have endorsed it.)
The drama unfolding on Wall Street is incredibly compelling, but what's equally compelling (and related) is that the price of oil just spiked $25 a barrel in one day because nervous investors are pouring their money into commodities. Consumers are still taking a pounding on gas prices, with no relief in sight, and yet the Democrats in Congress want to keep America's energy reserves — from Alaska to the coast of Florida — off-limits. Time to contact your representatives and let them know we're still paying attention.
Me: Call your representatives. Don't let them sneak this through.
Click on POGW graphic for full GW rundown
New!!: Dr. John Ray's
GREENIE WATCH
Ping me if you find one I've missed.
oops, it also appears I read it wrong, mia culpa
Energy is misspelled in the title.
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