If you want to know how well the money is spent…take a look at the sponsors and co-signers of bills that deal with Fracking……see how well their money works in DC…..
courtesy of center for responsibility and ethics in Washington
Tag: Oil Politics
What About Those Gas Prices?
The GOP is reeling from the mass of bad PR they have gotten from the candidates unrealistic stances on contraception….so how do you change the subject? GAS PRICES!
Gas prices are going up and up and of course it is election time and the opposition will make it all the president’s fault…..Mitt has promised two dollar a gallon gas when he is elected president….now sports fans….HE IS LYING!
For one, the president has little control over then price of gas……think Exxon at this point……will they give up profit to make Mitt happy? And then there is the promise of more drilling domestically….good plan and it will take at least 5 years for that to take effect and there is NO guarantee that it will lessen the price of gas at US pumps……now at this point think Chevron……will they give up profits because the oil came from the US soil?
Let us not forget about speculation which has more to do with the price of oil than who is president….or who promises something they could NEVER deliver short of nationalization….now there is something to think about….
Could the price of gas come down? Sure when the price of oil does.
But with all that in your head think about something else…..from USAToday:
Looking at your heating bills or gas prices, you may find it surprising that the United States is enjoying a mini oil boom. It’s producing more crude oil and, for the first time in decades, has become a net exporter of petroleum products such as jet fuel, heating oil and gasoline.
The U.S. exported more oil-based fuels than it imported in the first nine months of this year, making it likely that 2011 will be the first time since 1949 that the nation is a net exporter of such goods, primarily diesel.
That’s not all. The U.S. has reversed another decades-long trend. It began producing more crude oil in 2008 than the year before and accelerated that upswing 3% in the first nine months of this year compared with the same period in 2010. That production has helped reduce U.S. imports of crude oil by about 10% since 2006.
Read it! The US has exported more oil than it imported! Could that exported oil be used here in the good old US of A to keep the price of gas down? At this point think Texaco…….profits are the common denominator……profits will lead the way and as long as that is the motivation there will be NO way to bring the price of gas down…..
Where Are The “Drill Baby Drill” People?
Daily Agitator
Think back to the 2008 election….there was one party that jumped all over the issue of domestic oil production…..saying that we need to break our dependency on foreign oil…..the mantra of these people was “Drill baby drill”……justifying their position by saying that there had NOT been a major pollution problem from off shore drilling since Santa Barbara back in the 60’s and that the industry had made significant progress in technology that prevents such a problem from ever occurring ……..they even went so far as saying that it was un-American to oppose such a move…..
Now skip forward to today:
The oil well spewing crude into the Gulf of Mexico didn’t have a remote-control shut-off switch used in two other major oil-producing nations as last-resort protection against underwater spills.
The lack of the device, called an acoustic switch, could amplify concerns over the environmental impact of offshore drilling after the explosion and sinking of the Deepwater Horizon rig last week.
The accident has led to one of the largest ever oil spills in U.S. water and the loss of 11 lives. On Wednesday federal investigators said the disaster is now releasing 5,000 barrels of oil a day into the Gulf, up from original estimates of 1,000 barrels a day.
The U.S. considered requiring a remote-controlled shut-off mechanism several years ago, but drilling companies questioned its cost and effectiveness, according to the agency overseeing offshore drilling. The agency, the Interior Department’s Minerals Management Service, says it decided the remote device wasn’t needed because rigs had other back-up plans to cut off a well.
Now my question is….where are all the “drill baby drill” people now that their calls have been proven to be a pile of crap!? Come on, you blowhards….you wanted it you got it! Welcome to the future!
Let us be real……there is a bout 3-5% of the world’s oil reserves off the US and the US uses about 25% of the world’s supply….explain how we would break our dependency by domestic drilling? The technology that they were so proud of……it seems that might have be a bit of misinformation…….
Thanx to the domestic oil industry there may well be a horrible seafood year for the Gulf Coast……do you like shrimp? Good, then you will pay through the ass for them this year….you may take the time to thank the domestic oil industry for you lack of Gulf Seafood……
What Was The Georgian Invasion All About?
No Irene, not the state, I am still talking about the country. Surely most people have heard of the Russian invasion of the country of Georgia. If not, then drop your nuts and the game controller and get a flippin’ life. Yes, Irene there is more to this story than the media has told us about.
Please step into the Professor’s Way Back Machine and we will travel a few years into the past. It all began with the collapse of the old Soviet Union.
On a balmy day in 1992, Eduard Shevardnadze, becomes the leader of Georgia, after many months and years of civil turmoil and violence. Eventually Shevardnadze is elected president and the fun began. During his tenure there was widespread corruption and oppression. Georgia began negotiating a deal for a pipeline. The agreement he was expected to sign with the president of Azerbaijan would pave the way for a pipeline that would transport some 5 billion cubic meters of gas to Turkey via Georgia. .
The consortium, led by BP Amoco, who commissioned the project, say the pipeline will be more effective than present routes running to ports in Russia and Georgia, because they cut out the congestion in the Black Sea.
This all started in 2001. In 2002, US Special Forces deployed in Georgia to help train and equipment the Georgian army in counterinsurgent techniques. In 2003, the Georgian president struck a deal with Gazprom, a Russian company for pipeline transport, and thus western companies were shut out of the deal completely. This same year, after the deal with Gazprom was inked, the so called “Rose Revolution” started. It was an uprising by the people and the army over Shevardnadze’s failure to deal with the widespread corruption of his administration.
Shevardnadze was toppled and later the present president of Georgia, Saakasvili, is elected president with a substantial pro-US position.
Now was it a coincidence that the participants of the “Rose Revolution” were receiving training by US Special Forces? Personally, I do not believe in coincidences in international politics. Now the last armed conflict—since Gaprom was now dealt out of the pipeline deal, was the action anything to do with that? Another coincidence, the new Russian president is a past chairman of Gazprom.
Now the stage is set. And you have read or heard the outcome. All the chest thumping by the US president and candidates over the invasion of Georgia. Was the action truly about separatists or the politics of oil?