Posted by
davecatbone on Tuesday, July 15, 2008 7:38:34 PM
Democrats like Barack Obama insist that drilling offshore and in Alaska won't change the price of gasoline, that it's only a give away to special interests. Nancy Pelosi and Harry Reid are stonewalling efforts to open areas to drilling. Then
this appears in the
National Review:
Today, at a news conference, Bush repeated his new position, and
slammed the Democratic Congress for not removing the congressional
moratorium on the Outer Continental Shelf and elsewhere. Crude-oil
futures for August delivery plunged $9.26, or 6.3 percent, almost
immediately as Bush was speaking, bringing the barrel price down to
$136.
That's right. We haven't done anything except
talk about becoming energy independent and opening domestic drill sites.
And amazingly, the price of oil drops. Just imagine when the economic engine starts to rev up.....
But Liberals in California are up in arms over the idea, saying it won't solve anything.
The Sacramento Bee reports:
"Once again, the oilman in the White House is echoing the demands of
Big Oil," said House Speaker Nancy Pelosi of San Francisco. "The Bush
plan is a hoax. It will neither reduce gas prices nor increase energy
independence.
But hear this:
California actually could start producing new oil within one year
if the moratorium were lifted. The California oil is under shallow
water and already has been explored. Drilling platforms have been in
place since before the moratorium. They’re talking about 10 billion barrels worth off the coast of California.
The New Hampshire Union Leader had
this to say about Democrats:
Maybe the quickest way to lower oil and gas prices would be
this: Immediately enroll every Democratic member of Congress in an
entry-level economics class.
The lack of even a basic grasp of
economic concepts has led Democrats to oppose sensible policies that
would begin to lower oil and gas prices. Instead, they push
hair-brained ideas that make no sense.
Democratic party, stuck on stupid.