Before the prez made his much maligned African trip he gave a climate speech….which touched on coal fired plants, Keystone, emissions, and a partridge in a pear tree…..and after he was finished his laundry list the GOP was gearing up for their retort to his speech……and vasically, it was the same tried old dog whistle that they have been using for decades….Drill Baby drill.
The GOP response……
……….. less than a month after it was introduced, the House passed H.R. 2231, the Offshore Energy and Jobs Act, by a vote of 235 to 186. The bill reads like Big Oil’s Christmas list. It would open virtually all of the U.S. Atlantic coast, the Pacific coast off Southern California, and much of Alaska’s offshore space to new drilling; require the Obama administration to create a new Five-Year Plan for offshore operations; and generally perpetuate an energy agenda driven by climate deniers.
The Committee website describes the legislation as “a contrast to President Obama’s no-new-drilling, no-new-jobs plan.” But the truth in this statement ends with the word “contrast.” In fact, earlier this month, the Wall Street Journal described the offshore oil and gas industry under President Obama as “booming.”
Almost from the first day of this blog I have been writing about Drill Baby Drill…..and still NO one is listening……let me talk slowly so that the issue gets firmly implanted……
Drill Baby Drill is a dog whistle….it will NOT….let me say that again for those that are slower than others…….will NOT bring the price of gas down in any significant way…..
Let me ask the question for you so that no one hurts themselves trying to figure it out…….why not?
First…..NOW Pay Attention! Oil is drilled on a lease…..the oil that comes out of the ground belongs to the company that drills it…..NOT the country. Am I moving too fast for you? The oil is then sold on the spot market by the company, not the country, and sold at whatever price the going rate is on that day. If you think that the oil company will significantly lessen their profits because the oil is drilled in the US then you have moved beyond dense to stupid!
Second…..the Keystone…now here is a good one……what benefit will the pipeline do for the country…..the jobs created will be temporary with the exception of a few full time after completion. The oil will belong to Canada, not the US and Canada will sell it to whoever they want and at the going rate…once again NO significant drop in the price of oil or gas……
But I see that the DLC has its mouthpiece out and pushing for the passing of the pipeline…….Harold Ford, Jr…….this from his piece in the Wall Street journal…..
… The president has announced that he will open more of U.S. federal land and offshore areas to oil exploration and development. This is an important step, but he needs to do more—specifically, he should reconsider his Keystone pipeline decision.
Despite several years of study and a favorable State Department analysis, the administration has rejected Keystone XL’s application for a construction permit. This pipeline could bring an additional 500,000 barrels of oil a day from Canada to the U.S. Instead, the project is in limbo. (The oil will be owned by the oil companies not the country)
Mr. Obama should also work with our leading energy companies instead of fighting them. Domestic energy companies contribute to our economy, support millions of American jobs and retirement accounts, and some, like Exxon Mobil, are investing in the energy solutions of tomorrow like fuel from algae. Yet the president continues to use them as his rhetorical foil. Calling for higher taxes may bring applause at partisan political events. But it won’t lower energy prices. (DLC sole purpose is to see the corporate America gets more breaks and less taxes while average Americans suffer)
We can’t wave a magic wand to bring gasoline prices down. But increasing domestic crude oil development will reduce our reliance on energy from unstable parts of the world. That, and a healthy petroleum refining sector, will help mitigate price spikes that hurt our economy. (More crap! All oil will be sold on the spot market…prices are controlled there not by a healthy refining industry)
This from a guy that is on the payroll of large banking firms……..this is a guy who is part of the outrageous bonus program…where would you think his loyalties would lie?
This is typical of the bullshit spread by Clintonians and the DLC……..these twats are nothing by Repubs in Dem clothing……there biggest concern is the creation of wealth not the preservation of the “American Dream”……
Third…..you want cheaper gas? NO! Really! Is that what you want?
There is only ONE way for that to occur. And none of the Right wing “Experts” will like the answer. If you pea brains really want cheaper gas then I suggest that you consider the alternative. Your dog whistle slogans will do nothing to achieve the one thing that we all desire.
As my grandfather use to say…..”wish in one hand and shit in the other and let me know which one fills up first”.
Cogent points Dr. Chuq. Well done.
Thanx Larry….I just wish I could get through to the less mental among us….I keep giving them the same stuff and they keep ignoring it…..no explaining STUPID!