If this is what leadership was and still is, may as well pack the bags now and move to Canada or Mexico or who knows and beat the rush.
I’d like to personally thank another Norm for voting
No to drilling Anwr when he was the 60th vote for cloture to move a coherent energy bill to a final Senate vote. He did a real bang-up job digging into the Oil-for-Food scandal too..
I hope you’re enjoying your retirement and the headed even higher energy costs.
It’s all part of the plan to bring the United States of America to it’s knees.
Fight now, while you still can.
Yes. And there is something even more fundamental. In order for a recovery of any kind to occur, the GDP must rise. The GDP cannot rise unless MORE ENERGY is BURNED, CONSUMED. MORE ELECTRONS MUST FLOW, and BTU’s, oil, refined products and natural gas and fertilizers produced. None of the current adminstrations plans and programs anticipate any of the needs or requirements for a recovery. Instead, the EPA is moving ahead with a 17% reduction of energy consumption by the US by 2020, this guaranteeing NO RECOVERY for at least 10 years.
Higher energy costs are just overkill.
If inventories are up, this smells like a speculator’s bubble.
ROTFLMAO with melancholy.
Oil is not the enemy. The Obama administration will continue to keep our economy on the ropes.
What recovery?
It’s all fake. There is no demand. There is no recovery. He who holds the fake paper aka Wall St, the US gov’t, and the Fed Reserve are about to be SMACKED DOWN by the FREE MARKET. Bring back the guillotines!
Leftists love high oil prices. It’s gets the masses out of their cars and into third world transportation alternatives.
Strange title to the story, since the story itself says most experts don’t believe $100 oil will give the “kiss of death” to the recovery!
I thought that the Dems told us that conservation would give us immediate relief from high gas prices?
Recovery!?!?!?!? What recovery?!?!?!?
Recovery?
Did I not get that memo?
What recovery?
Really? Is that why gold is also going up?
Gut your national currency and it takes more of it to buy real commodities. When you see real commodities going up, you should understand that your dollar is losing value.
Still, its not the end of the world. If we will do what is right there in front of us to do, which is to move toward energy independence. We have so much oil under the coastal shelf that it comes gurgling up through the ocean floor. We have as much oil shale in the intermountain west as the Saudis have oil. We send a half trillion dollars a year out of the country buying energy; spend it here, putting Americans to work, putting American companies to work, putting profits into the pockets of American investors and putting taxes and royalties into American treasuries and you will turn this economy around on a dime.
To sit with double digit inflation, and bankrupt city and state governments, homebuilders standing on street corners, carmakers hanging onto the government teat for dear life, when you have all that oil just sitting there for the taking is criminal stupidity.
Everything this government has planned is guaranteed not to reduce our use of OPEC oil by even a gallon. Everything they do will be guaranteed to protect OPEC while our most productive people are standing in the unemployment lines. The solution is simple, though. You just have to go over the top of the "deniers", the ones who won't let you drill, won't let you mine, won't let you refine, and won't let you dig. They'll be happy to punish you with a tax and sell you an offset, but buy your product from OPEC, thank you.
it’s our government that is the kiss of death.
ebil speculators ping
At the world level, this French analytical group sees no recovery either:
http://www.europe2020.org/spip.php?article636&lang=en
There is NO FRICKIN’ recovery. How stupid does a person have to be to believe that the economy is actually recovering?
There is no recovery... only a deeper and deeper depression.
LLS