Posted on 08/13/2009 4:50:11 PM PDT by newbie2008
asoline prices are up since the start of the year, but the summer of 2009 has thus far been a bargain at the pump compared to a year ago when prices exceeded $4 a gallon. However, the respite from sky-high prices is likely temporary.
A return to $4 a gallon gas--or higher--will be made even more certain if Congress and the President succeed in enacting a host of proposals to crack down on domestic energy supplies. Instead, the federal government should support several pending pro-domestic energy measures that would help meet the nation's growing demand in the years ahead.
(Excerpt) Read more at heritage.org ...
We’re seeing the traditional spike leading up to the Labor Day weekend and then it will likely go down most of the fall until the “home heating oil” stuff gets started in late December.
However, among my predictions for the Obama administration made last year on a site with a bunch of contentious O-bots is that we will see $7/gal gas during Obama’s presidency. All the pieces are there for this to happen except for the decrease in global demand that is holding the cost down for now. As soon as that demand goes back up or the floor goes out from under the US dollar, you’ll see gas spike worse than they ever were under Bush.
I guess I am getting cranky in my old age, but Heritage must be on the take from somebody. Take this tidbit:
“Expand offshore and onshore oil production into previously restricted areas, including Alaska’s Arctic National Wildlife Refuge, where an estimated 10 billion barrels of oil—16 years of current imports from Saudi Arabia—lie beneath a few thousand acres that can be accessed with minimal environmental impact;”
Now why would somebody who is being honest choose to say it that way? 10 Billion barrels is about a year and a half, or less of American consumption. Yet, the way he says it a casual reader would think it a lot more.
Now for me, I tend to be in favor of going after it anyway. A year and a half of oil beats a poke in the eye with a pickle every day. (A sharp stick is so yucky to think about) But why try to shade it this way? And from what I understand, we get more oil from Canada than we do Saudi Arabia anyway. Do we have to look that up? Now I have to wonder about the whole durn article for whatever other sharp trick he’s playing.
parsy, who is turning into a super skeptic
Now is the time for the RNC and each candidate for office to run advertising about GAS and drilling and to FOCUS on the CANCELLED drilling leases. The must be specific - telling about high prices does not connect with voters. They must tell about actions taht causes higher prices.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.