“And nothing energizes Republicans like rising energy prices.”
This is so true. I remember the (now dead) TEA parties, and the violent and abusive townhall meetings sparked by rising gas prices. They even drowned a polar bear. Yeah, that’s the ticket.
0bama’s fault, plain and simple. Reich can stuff it.
hedge funds, at banks, who can borrow at less than 1% and trade for commodities to earn 5%...looks like a simple bet with low risk. What is wrong with that picture?
What is missing in this article is the role of OPEC which is a price fixing cartel. If the US gets its oil from world markets it’s at the price set by OPEC and the speculators. However American oil sold in the USA is NOT subject to the OPEC price and can find its price equilibrium based on supply and demand. Canada is NOT an OPEC member so Canadian oil can also be sold to the US at market prices. Building the XL pipeline would not immediately bring down gas prices, but it would assure us of an oil supply that cannot be interrupted by chaos in the Middle East or the whims of dictators like Hugo Chavez. Bottom line if we exploited the known oil reserves in the US including ANWAR and the Gulf and completed the XL pipeline we would have secure sources of the oil we need and not be subject to OPEC price fixing.
The prices above were shown on SF KTVU this morning. They are blocking the prices of the higher grades which were over $5/gallon.
Remember the hate America Enviros have wanted $5/gallon for gas for years. If our economy was recovering, this will drive a wooden stake into its heart!
15 Trillion of Fairfax garbage sewage paper is being dumped in with the productive. (And the same goes for the euro-Brussels scam)
Mark this word folks >> CONSOLIDATION
CONSOLIDATION of Arbeitsziehungslager, is THE only reason two candidates, Mass-MittCare and The Undocumented, are being facialed before U.S. citizens.
This IS a big fat facial attempt.
Idiot goblin alert.
EPA pulls permits for two Texas City refineries
Published July 1, 2010
TEXAS CITY The Environmental Protection Agency on Wednesday rejected the air quality permits for 122 industrial facilities in Texas, including the BP and Valero refineries in Texas City.
The pulling of the flexible air permits that are issued by the state under EPA authority means the facilities do not have legal operating permits.
EPA Regional Administrator Al Armendariz said none of the facilities will be required to shut down but all will be required to obtain new permits under stricter guidelines.
Earlier this year, the agency pulled more than 200 permits, citing what it said were deficiencies in the Texas Commission on Environmental Quality flexible air permitting process.
http://galvestondailynews.com/story/160182