Yesterday the president lifted the ban on offshore drilling.
“We can’t just Drill Here, Drill Now, Pay Less! It’ll take ten years for that move forward to produce any change at the pump!” they said.
Well, now, isn’t it interesting that practically before the President had gotten the verbiage for lifting the offshore drilling ban out of his mouth, the price per barrel of oil dropped by $9.26 to $136 (Let’s see now, I think that translates to 6.3 percent lower without one newly-supplied barrel having been brought to the surface yet! Hmmmm.)
Okay, Congress, did you see how quickly that happened? Now, let me recommend a way to just as quickly raise …your 9% approval rating before you’re looking up through the bottom of the barrel! Get your rears over there to the Capitol and lift the one remaining roadblock between Americans and lower gas prices. Remove your moratorium on offshore drilling now. Don’t wait for September 30th. Do it NOW!
American Solutions says this: “73% of the American people agree that with appropriate safeguards to protect the environment, we should drill for oil off America’s coasts to reduce our dependence on foreign oil.”
Duh!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
How clear can you get? Quit playing politics with our wallets.
A Wall Street research house, Sanford C. Bernstein, says that If the congressional moratorium were lifted, new oil could actually start flowing from wells off the California coast within one year! (Let’s see now, I think that translates to nine years lower than what “THEY” have been telling us! Hmmmm.)
Thank you President Bush for once again having the spine to do that which is necessary. You’ve often done it in the face of that which is also unpopular. This time you got the opportunity to lead in the same direction that MOST Americans know we should have gone long ago.
Again I say, Drill Here, Drill Now, Pay Less, Why Wait?
You’re in Boardman Country!
Make yourself at home,
Brad
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Hi Brad,
Great job with this post! Come on over and pay your neigbor a visit.
Barbara
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Bush has a spine????????
Hey Brad,
Great post!
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I like the quit playing politics with our wallets and agree with the statement. I am not a real fan of Georgie. But what is wrong with using the federal reserve now?
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They won’t lift it. And when Obama becomes president it will get worse.
Last I checked we have a pieline going through Alaska and everything is fine there including all the animals it didn’t kill. It’s not just the democrats you have to go after but enviormentalists too.
The oil we have in strategic reserve is only about 800 million barrels…sounds like a lot doesn’t it? Unfortunately Americans use 8-10 million barrels a day and the reserve wouldn’t last long…that really should be held in case of serious emergency.
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Ok, you got me there but there are other hidden places that the government has not told you. In Louisiana and Texas, lots of salt domes underground with oil …. hmmmm…
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Your point f view here is clearly stated, but it would be helpful to know–for example–why off shore drilling is banned in most areas. I suspect there are some good reasons.
Hi Brad! Not being a Bush fan myself, I didn’t know what to say the last time I visited this post, choosing discretion the better part of valor. But, I do admire your stance and your presentation 🙂
You sure are passionate.
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Not a fan of Bush either, like Diane above.
To be honest, I wish Bush would just keep quiet until a real president comes in. It’s not just the usual Democrats vs. Republican thing here. I feel the guy doesn’t know what he is talking about most of the time.
I saw a news footage this afternoon from Feb. this year where Bush laughed at the journalist when she asked if the oil price was going to go up. Bush replied something like “now way it’s gonna be over 3.50 a gallon”. Duh.
With the West being so reliant on oil from the Middle East it would make perfect sense to me to allow offshore drilling to go ahead in the States. Great post and lets hope they do something!
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Like Diane and Zhu, I can’t say I have much confidence in Bush, and suspect the gas issue isn’t quite as simple as this. I admire you for posting about political issues though 🙂
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There are a lot of places in the US that could be tapped, but it costs more money to get at those and the gas companies don’t want to spend the money.
What a great topic to post about!
Yes, let’s continue to destroy our environment so we can save a few dollars at the gas pump. It’s completely logical right? After all, it’s a completely limitless resource.
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Hmmm… Well, I don’t think it matters whether you like or dislike Bush and I don’t think it matters whether you like or dislike congress. While I appreciate and respect the environmentalist stance, I would much rather see people be able to pay their bills and have a chance to make it through the winter. It’s too bad that I have to say that, but I’m one of those 73%. I don’t think we can just drill anywhere, but I agree with the lift of the ban. I don’t think it has anything to do with Bust having or not having a spine, but it’s the idea and direction that people wanted to hear. As for the drop in the price of oil, it’s far more complex than the message from the president as it also pertains to OPEC and market speculation, as well as economic outlook. Anyway, I admire you for posting this, Brad. Welcome to the kitchen! 🙂 ~Jerry
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Maybe I’m just a flaming liberal, but I totally disagree with the idea of drilling any more off of any one’s coast. Europeans have been paying 8+ dollars a gallon for years, and they have developed the mass transit system to compensate for that. It’s time for the United States to spend the money to invest in infrastructure, rather than drilling for more oil so we can delay the inevitable for another 10 years. It’s time we evolved into an economy that can sustain itself, rather than depend on other countries to provide for us to consume. There’s a whole new Green Economy developing, let’s invest in this, rather than destroying what little natural reserves we have left.
I completely agree with Katherine. We keep whining about gas prices but we pay way less than most other countries do already. Maybe it will force us to get serious about other means of transportation. I know it has killed SUV sales which I find a bonus.
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I am personally not a big fan of Bush, and I’ll be glad to see him out of office actually, but everyone is entitled to their own opinion and to share it.
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This is nothing more than political pandering. Gas prices are NOT going to drop significantly now – the horse is already out of the barn – as long as oil companies know they can get that price, they’ll get it.
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Political pandering. Useless. It won’t reduce our “need” for foreign oil one bit because of trade agreements with the middle east.
You fail to mention that oil companies are sitting on literally thousands of leases on sites that they could be drilling, but are not. Also, it is probable that the dip in oil prices is due to the current contracts nearing the deliver point and not Bush’s verbiage.
Can I just say to you all, quit whining? What are your ‘gas’ prices up to now? $4 per gallon ish? Try $8 and then I’ll let you whinge. Also, try living within a reasonable distance to your work, that’s pretty helpful too. Ok, so a lot maybe can’t move now, an all that, but getting a little more oil out of the earth isn’t either, finding alternatives to ‘gas’ powered cars, and indeed cutting electricity consumption so that generation can drop would help too (less oil going to the oil fired stations, and less gas to the gas fired ones, which incidentally you can use to power your cars, cheaply, with a little converting…) Meh, I expect a flaming, but f*ck it, just shows how short term you’re all thinking…
Good post with good points, although in the end its not going to help. What we need to do is get those water cars over here and they need to stop looking for ways to keep taking our money. Theres a car that can run off of any water, why isnt this here and mass produced yet?
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I think its just time to go back to the horse and buggy. I am also not a Bush fan, or Obama either.
Nice blog.
A+++
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WOOH cheaper gas! In other news….George Bush has a spine? I thought her was an invertabrae?
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I think this is way more complicated than open the offshore drilling or don’t when it comes to the price of oil. It is all tied up with the economy and the worth of the US dollar overseas.
I believe we will have to get our economy under control, stop the bleeding at the homeowner level and work our way up to the banks. Too many people are losing their homes, too many banks are going under because of the amount of debt they carry from all that crooked lending that went on.
Once the US Dollar is once again worth something against most other world currencies you will see prices going back down again.
We also need to find other ways of powering our lives. We have to do something to reduce our dependence on all forms of oil – foreign as well as domestic. I believe that once we devise a way to move past oil, we’ll open up whole new technologies and will once again be the reigning power in the world.
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Perhaps it will force us to get serious about other means of transportation. I know it has killed SUV sales which I find a bonus or reward.
I think it will costs more money to get But those gas companies don’t want to spend the money there.
I find it frustrating that here in the UK we pay about 90% tax on the fuel. Our prices are ridiculous!!