"[up arrow] Energy conservation: The one clear winner as oil creeps toward $200 a barrel."
So declares Newsweek.com's Conventional Wisdom for May 22.
THE only clear winner? That may be a talking point suitable for Sen. Barack Obama's campaign, but it's hardly THE only clear winner for solving America's energy problems, that is, unless your "conventional wisdom" leaves out the views of conservatives.
How about drilling in ANWR, removing barriers to offshore drilling, and building more refineries? All of those are solutions furthered by conservatives in Washington, but which apparently don't dawn on the editors at Newsweek.
Editor at Large
Comments Policy
Written them off!
May 22, 2008 - 16:02 ET by MeanderingI've witten off anything that comes from Newsweek, The New York Times and MSNBC. I just don't understand how people think that not drilling is good for us. Shouldn't we be working to become self-sufficiant on our own oil? Just doesn't make sense!
it makes total sense
May 22, 2008 - 16:13 ET by TruthMongerit's good politics for the class-envy-exploiting Dems - which is "news" week's sole purpose in life
dittos
May 22, 2008 - 16:19 ET by 10ksnookerEven my parrot rejects Newsweek on the bottom of the cage.
The Left's Dirty Little Secret...
May 22, 2008 - 18:22 ET by aeroveloNewsweek just let the cat out of the bag. You see, left leaning global warming alarmists really believe that higher gas prices will some how quickly usher in this utopia of electric cars and clean air, all powered by windmills and solar panels. In this utopia we will all wear matching jumpsuits and converse on our iphones about about how "green" we are.
Sorry folks, hate to burst your bubble, but the prices arent about lack of resources, but lack of exploration and refinement. So, now that prices are good and high and everyone is up in arms about what to do, you can bet that a whole bunch of new wells will be drilled by all countries but America. We will be forced into continued dependence by the greenies who think they are pulling us into utopia. Feels more inflation to me...thanks, Democrat controlled Congress!
---
Ask yourself: Do I want a good paying job, or do I want a government hand out. Its that simple!
How about drilling in ANWR,
May 22, 2008 - 16:06 ET by bigtimerHow about drilling in ANWR, removing barriers to offshore drilling, and building more refineries? All of those are solutions furthered by conservatives in Washington, but which apparently don't dawn on the editors at Newsweek.
Oh it dawns on them, and all their ilk of all venues...they just do not want this mentioned at all if possible...doesn't fit the agenda...one good thing about it, all the candidates running are going to have to face this the longer the gas prices continue to be what they are.
"Never murder your opponent when he is committing suicide." ~ W. Churchill
right on bt they don't
May 22, 2008 - 16:16 ET by TruthMongerright on bt
they don't want this solved
they want angry voters
they need them to get them elected - so that they can run BIG GOVERNMENT - which is how liberals make their BIG PROFITS
time to bring up the gas taxes again during these senate inquisitions i think...
TM... I would just once
May 22, 2008 - 16:28 ET by bigtimerTM... I would just once like to see the tables turned and let the oil execs question congress and their votes for the last 30 plus years...they are the only reason we are in the mess we are in...some RINOs on our side of the aisle too.
"Never murder your opponent when he is committing suicide." ~ W. Churchill
I would just once
May 22, 2008 - 20:28 ET by merlin61Hofmeister, exec from Shell Oil was the only one
who threw the ball back in their court that I have
heard about. He said Congress and the government
has stopped oil exploration for the past 20 or 30 yrs.
They want to explore and get more oil, but our
government doesn't allow it.
Hi merlin...I heard about
May 22, 2008 - 20:45 ET by bigtimerHi merlin...I heard about that and saw the clip later, good for him that is for sure...I still wished as a group they were more assertive.
I saw a hearing with the mining companies and Boxer got her clock cleaned by one of the heads of one of the mining companies...it was a beautiful thing to behold...too bad others didn't stand beside him instead of cowering silence...if you know what I mean.
These are the very people who put all the rules and regulations and cripple these very businesses, let alone the people/communities who would love and need the jobs and they have the audicity to question and accuse them.
It infuriates me.
"Never murder your opponent when he is committing suicide." ~ W. Churchill
Energy
May 22, 2008 - 16:07 ET by JDWPunish big oil
Embrace OPEC, Chavez, Iran...
Green SUV's are not good enough
American drilling is off limits
JDW
If you mention ANWR it means you don't care about the environment but when congress says ANWR it means you don't care about the gasoline prices
Puniosj big oil
May 22, 2008 - 20:31 ET by merlin61Maxine Waters threatened the Oil Execs with
a Hugo Chavez nationalization of the oil
industry......did you hear that? She forgot the
word, but that's what she is proposing.
another winner - oil
May 22, 2008 - 16:12 ET by TruthMongeranother winner - oil companies and executives
and more power to them - pillars of the community, providing a vital service for our nation, doing the very best they can with the governements extremely hostile environmental policy, they deserve our respect and gratititude and all the profit that they EARN...
but then there's this:
http://apnews.myway.com/article/20080521/D90Q9U601.html
is this the way our PUBLIC SERVANTS who WORK FOR US are supposed to treat US when we become successful upstanding business people and make huge profits?
hey Democrats, profit is not a crime - in America - Cuba, maybe...
and driving a vehicle is not a right in America either, it's a PRIVILEDGE...
can't afford gas? cash in a few TV's, or the $100 tennis shoes, maybe go down to JUST two cars, or one, or none - take the bus or the train - like your parents or grandparents may have...
most of us are not rolling in money...
and there's nothing wrong with that...
Well if there's anyone I
May 22, 2008 - 16:17 ET by balboaWell if there's anyone I want to "win big" it's oil executives. They're so poorly compensated for this public service they're providing...
the richer they are the
May 22, 2008 - 16:26 ET by TruthMongerthe richer they are the better - God bless em
we should celebrate this kind of massive success in America
but you probably don't celebrate these rich oil folks do ya bal...?
you are American, right?
land of capitalism, free enterprise, opportunty, wealth and prosperity, etc, etc...
they're supposed to teach this in publicly funded schools...
The richer they are the
May 22, 2008 - 16:31 ET by balboaThe richer they are the better...for them. Ain't helpin' me out any.
I'm all for capitalism, but I don't know that I want to celebrate the fact that they're getting rich while I'm coughing up huge money to fill my car.
"Yay! You're rich! And I got you there! I'm so happy I spend $60 to fill up my car so that you can have another yacht! Yipppeee!"
OK, but what's the
May 22, 2008 - 16:55 ET by mattmOK, but what's the solution? In a free market, when the price of a commodity goes up, it should attract new capital and new investment. In this case it would be new refineries, expanded exploration and drilling, building of new coal and nuke plants, etc.
But, thanks to overreaching government regulation based on extremely exaggerated environmental concerns, there is no free market in the energy industry - instead we have a government-protected oligopoly creating an artificial shortage of energy and high prices. Even conservation efforts can't dent that monolith.
This is exactly why "Big Oil" loves all the "going green" crap - it means greenbacks for them. And you can thank the politicians (mostly Left-leaning ones) for this sad and totally unnecessary situation.
I have no solution. I'm
May 22, 2008 - 16:58 ET by balboaI have no solution. I'm saying I'm not going to celebrate huge profits by oil execs, as truthmonger suggested.
I got that. I'm not
May 22, 2008 - 17:08 ET by mattmI got that. I'm not celebrating them either. I just butted in to put in my two cents worth...
Balboa, Greed is Good
May 22, 2008 - 22:26 ET by PopularTechGreed (1/3) (Video) (12min) (John Stossel, ABC News)
Greed (2/3) (Video) (13min) (John Stossel, ABC News)
Greed (3/3) (Video) (14min) (John Stossel, ABC News)
Greed is good (John Stossel, Townhall)
Give me a break - Oil Prices (Video) (5min) (John Stossel, 20/20)
The Anti 'Man-Made' Global Warming Resource
Thank you Gordon Gecko!
May 22, 2008 - 22:32 ET by Blonde:D
David Gregory, do you know which damn network you lie for? ~ Uncle Jimbo, @Blackfive
Wow, links from PT.
May 22, 2008 - 22:36 ET by balboaWow, links from PT. How...unexpected.
Does any of this explain why I should be so happy that oil people are getting richer?
You could always walk Bal ;-)
May 22, 2008 - 22:42 ET by Free StinkerWell, you don't have to heat your house with oil or gas, you could use wood. And instead of a gasoline powered car, maybe a bicycle or walking would be a good substitute? Why help those greedy Oil Executives get richerer ?
On second thought, maybe we'd better start drilling for Oil in ANWR and off the coast of Florida. ;-)
Believe me, if there was a
May 22, 2008 - 22:59 ET by balboaBelieve me, if there was a way I could suddenly make demand drop like a rock, I would. But it's not practical for me to not drive to work, or the grocery store. But I'll probably be taking fewer trips this summer because it's just toooooo expensive.
When are you going to hold
May 22, 2008 - 22:44 ET by NL207When are you going to hold the idiot liberals and their anti-energy policies responsible for this? Or perhaps you should invest some of your ire in Hugo Chavez and the other oil rich dictators who are constraining supplies. Prices would not be where they are if there were greater supplies of oil. But there are not.
The next time some liberal chowder head tells you he or she is protecting the environment by preventing drilling in ANWR, off the coast of the US or in the Colorado oil shales, you should ask him how he is going to prevent fuel shortages, gas rationing, gas lines, and high prices. You should ask this question especially if you'd like to hear a bunch of lies.
NL207.. I don't think I
May 22, 2008 - 22:50 ET by Clear thinkerNL207..
I don't think I could be civil long enough to ask them these questions. The enviros are hell bent on breaking our economy, and if we don't do something soon they will prevail.
What kills me... their leaders use this enviro crap to further their communist agendas, yet their followers are too STUPID to see it.
"Abstain from McCain"
How about this one
May 22, 2008 - 22:54 ET by HumblepieOil industry average profit margin is about 8.2%; (3rd Q. '05)
for all US industry, the average is about 6.8%.
Profits in the oil industry were easily outpaced by those of the
Pharmaceuticals, Banks, Household Products, Software, Telecommunications,Semiconductors, Consumer Services, and Food, Beverage and Tobacco sectors.
Net Profit Profit Margin
Citigroup $7.1B 33%
Microsoft $3.1B 32%
Coca Cola $1.3B 21%
Proc & Gam $2.0B 14%
G.E. $4.7B 11%
Exxon $9.9B 11%
Conoco $3.8B 8%
http://www.gravmag.com/oil.html
During this time with political correctness at its zenith, I reserve the right to let you know you're an idiot.
Facts, who needs
May 22, 2008 - 22:57 ET by Clear thinkerFacts, who needs em?
"Abstain from McCain"
Life is good
May 22, 2008 - 22:59 ET by HumblepieSee bal, isn't it nice to know you're paying more for a credit card than for a gallon of gas. :)
During this time with political correctness at its zenith, I reserve the right to let you know you're an idiot.
I'm not spending $60 every
May 22, 2008 - 23:06 ET by balboaI'm not spending $60 every time I wanna take my credit card three hours down the road.
Then Buy a more Fuel-Efficient Car or SUV
May 22, 2008 - 23:26 ET by PopularTechSince you still have that choice, why not buy a more fuel efficient car?
The most fuel-efficient Cars (Consumer Reports)
The most fuel-efficient SUVs (Consumer Reports)
Though you actually lose money buying a hybrid:
"When you just use the argument of fuel efficiency, the purchase of a hybrid car is not justified" - Kazuo Okamoto, Head of Research and Development at Toyota
Do Hybrids Make Financial Sense Yet? (Edmunds)
The Anti 'Man-Made' Global Warming Resource
Humblepie.... Excellent
May 22, 2008 - 22:59 ET by bigtimerHumblepie....
Excellent list!
Thank you so much...as I'm chucklin' posting this....
"Never murder your opponent when he is committing suicide." ~ W. Churchill
No problem
May 22, 2008 - 23:02 ET by HumblepieJust finished my research into oil production in Iraq. Friend of mine believes the price per gal should be lower since we went to war with Iraq twice. Thinks the oil is ours and is being pumped by Halaburton.
During this time with political correctness at its zenith, I reserve the right to let you know you're an idiot.
At this point, I don't think
May 22, 2008 - 23:09 ET by FoolicanAt this point, I don't think Americans could care less if we started pumping oil from Iraq. In fact, take an informal poll. I'd guarantee you that 53% of those polled advocate drilling in Iraq (it's a desert, no environmental harm done), 13% will oppose it, and - of course - close to 30% will say that we're already drilling there. :-P
Currently 41%
May 22, 2008 - 23:23 ET by HumblepieCurrently 41% of produced Iraqi oil is purchased by the US.
Oil IS Iraq's Economy
In it's background analysis, EIA reports that the Iran-Iraq war, the Kuwait war and punishing economic
sanctions greatly deteriorated Iraq's economy, infrastructure, and
society during the 1980s and 1990s. While Iraq's gross domestic product (GDP)
and standard of living fell sharply after its failed invasion of Kuwait,
increased oil production since 1996 and higher oil prices since 1998 resulted
in estimated Iraqi real GDP growth of 12 percent in 1999 and 11 percent in
2000. Iraq's real GDP was estimated to have
grown by only 3.2 percent in 2001 and remained flat through 2002. Other
highlights of the Iraqi economy include:
percent.
is about $5.2 billion, although much of this is under UN-sanctioned
control.
possibly as high as $200 billion (or more) if debts to Gulf states and Russia are included.
taxation system and suffers from erratic fiscal and monetary policies.
http://usgovinfo.about.com/library/weekly/aairaqioil.htm
During this time with political correctness at its zenith, I reserve the right to let you know you're an idiot.
Here's the thing, humble
May 22, 2008 - 23:04 ET by balboaNone of those things are getting more and more expensive.
Drugs? I've got insurance. Household products? Pinesol has never been more affordable. Software? Don't really need that much software.
Remember that the profit
May 22, 2008 - 23:07 ET by FoolicanRemember that the profit margin is the amount of money taken out after tax and expenses. Because the price of oil is going up, that means the tax revenue from oil is going up as well. Lawmakers don't give a toss about fuel prices; the revenue generated is becoming the new "Social Security."
I think we're not going to see any legal action unless we get a libertarian in the office.
Its all about the taxes
May 22, 2008 - 23:10 ET by HumblepieYou should see the breakdown on production cost. Around 14% can be attributed to add on taxes. In California, its worse.
During this time with political correctness at its zenith, I reserve the right to let you know you're an idiot.
Senate asking questions on profits
May 22, 2008 - 23:18 ET by HumblepieDoes it matter prices rise or fall? If the Senate is questioning oil exec's about "big oil profits," should they not go after Citigroup or Microsoft as they show a profit margin three times greater than big oil? Oil prices are based on consumer needs and speculation to name a few. Fluctuations can be expected as even weather can be cause for increase cost.
During this time with political correctness at its zenith, I reserve the right to let you know you're an idiot.
Analogy?
May 22, 2008 - 23:24 ET by FoolicanAh, but you see, no one is forced to buy from Citigroup or Microsoft... and you can't very well pirate oil as easily as you can computer software. ;-) Oil, on the other hand, is a basic necessity, just like food and water. On the flip side, if the Congressmen were to go after farmers for their high food prices, the farmers would simply reply, "Bugger off, go on a diet or go grow your own food if it's so important to you."
But on a lighter side
May 22, 2008 - 23:32 ET by HumblepieOil exec's testified that due to government constrains they are being forced to buy oil from other countries to meet US demands. Therefore, it is government regulations, backed by eco-nuts, that hamstring oil companies. If they cannot explore and drill they will continue buy oil from outside sources. The biggest consumer of oil is the US with China coming up fast at 33%. If you want to lower prices start drilling within our our country. At the same time, allow the civil sector to develop alternate power sources, etc, without government involvement.
During this time with political correctness at its zenith, I reserve the right to let you know you're an idiot.
Balboa, Watch the videos - You may learn something
May 22, 2008 - 23:14 ET by PopularTechIt answers your question. But this is besides the fact that your question is misguided, emotional and largely irrelevant.
- The average amount of net profit an oil company makes on gasoline is 5 cents per gallon (Source)
- Exxon Mobil's total U.S. tax bill exceeded its U.S. revenues by $19 billion over the past five years (Source)
A more relevant question should be why should I be so happy that the government is getting richer?
- The average amount of tax on gasoline in the United States is 47.0 cents per gallon (API)
- The average amount of tax on diesel in the United States is 53.6 cents per gallon (API)
The Anti 'Man-Made' Global Warming Resource
Yes, I am really emotional.
May 22, 2008 - 23:27 ET by balboaYes, I am really emotional. Overly so. I sob constantly, in joy, when I see what an oil company is making. [sniff]
Record profits! $4 / gallon for gas! It's so beautiful!
Record profits! In one
May 22, 2008 - 23:29 ET by FoolicanRecord profits!
In one ear and out the other, eh?
Bal, go take some college-level econ classes taught by people
May 22, 2008 - 23:37 ET by R D Helmwho have the intelligence and, better yet, the real-world experience to actually run a for-real lemonade stand, them come in here and post that comment again.
I dare ya. :-)
We are being smothered by government in this country. - Neal Boortz
Being concerned with an Oil Exec's Profits is Emotional
May 22, 2008 - 23:37 ET by PopularTechThe only reason to bring it up is emotional because there is no logical reason to care. It is a sad illogical point that those that do not understand economics bring up to stir up people's emotions.
The Anti 'Man-Made' Global Warming Resource
I only brought it up because
May 22, 2008 - 23:56 ET by balboaI only brought it up because TM said the oil companies were big winners. I sarcastically said that, Yes, I'm overjoyed at their good fortune.
It didn't really take that much emotion to respond as such.
This is a
May 22, 2008 - 16:13 ET by FoolicanThis is a falsehood.
Americans will not willingly conserve energy, because their vehicles are the only means of transportation to work and back, and thus, the only source of income. They'll cut their diets, sell their televisions, take out a second mortgage - hell, they'll even blow their own brains out before they give up the car for a taxi or a subway.
only way to work is the
May 22, 2008 - 16:23 ET by TruthMongeronly way to work is the car? all i see around my town is a ton of empty bus's and trains
there is also car pooling, riding a bike, walking, moving closer to work, telecommuting...
i have no pity for these "suffering" 3-SUV families that bought secluded lake property 2 hours from their lucrative city jobs so that they could put up a huge McMansion with a heated outdoor pool, own a couple of ATV's, a couple of boats...
yeah they may be hurting now - and of course it's all the fault of evil oil executives, right MSM pondscum?
Agree with you about the
May 22, 2008 - 20:58 ET by Indiana JoeAgree with you about the "McMansion" effect, TM. Here, they were pushing for an extension to the only train line into Chicago. A cost of $1 billion (estimated, natch), that we all would pay (half from the feds), so the suburban-sprawlers could ride in comfort to their jobs. Almost no one but the politicians and the s-s'ers were for it, and it went down in flames... for now.
One commercial I heard
May 22, 2008 - 23:18 ET by FoolicanOne commercial I heard recently stated that trains get over 200 MPG, and that it's "too bad we can't all drive a train." I'm sure we could, but the city planning would be a nightmare. We'd have to destroy all the paved roads. Pity. :-(
»→ I've got a great idea
May 22, 2008 - 16:15 ET by Cool ArrowLet's sue OPEC
Brilliant!
LYDSEXICS UNTIE!
Irony!
May 22, 2008 - 16:20 ET by FoolicanAmerica: OPEC, we're going to sue you.
OPEC: Fine, we'll stop shipping oil to you. You're no longer an OPEC nation.
America: Um, wait, we need oil.
OPEC: Sorry, my friend. Tango sierra.
Carter: For once in my entire adult life, I'm beginning to feel proud of America.
Cool, when I heard that
May 22, 2008 - 16:21 ET by bigtimerCool, when I heard that yesterday I could not quit laughing...sad as it is...the idiocy of this by the leftists is mind-bending...insanity on display for all to see...and these critters keep getting voted in.
Drill Often...Drill Everywhere!
"Never murder your opponent when he is committing suicide." ~ W. Churchill
»→ Yes, BT
May 22, 2008 - 16:24 ET by Cool ArrowNot likely some other country like, say CHINA, would be interested in buying up our share.
LYDSEXICS UNTIE!
Cool...as an aside
May 22, 2008 - 16:32 ET by bigtimerCool...as an aside here... I am glad the state of Ak. led by Gov. Palin is suing the govt over the threatened species list the polar bear got put on.
I understood your China reference and agree.
"Never murder your opponent when he is committing suicide." ~ W. Churchill
»→ Yeah, BT
May 22, 2008 - 16:36 ET by Cool ArrowSeems Al Gore is more effective as a fat spokesmodel than he ever would have been as President.
LYDSEXICS UNTIE!
Proof Rich Liberals Want High Gas Prices
May 22, 2008 - 16:18 ET by deerjerkydaveWealthy liberals, which includes most liberal politicians, actually WANT high gas prices because it means two things, more tax for them, and it promotes conservation. This article proves it now that they're giddy about the conservation side of things. Who cares if the poor can't afford to drive to work anymore, at least we're saving the planet!
And the sad part is that,
May 22, 2008 - 17:15 ET by mattmAnd the sad part is that, although conservation could <key word 'could'> make sense from a household budget persepctive, it doesn't do much for the environment.
$200.00 a bbl. Well then how about Compassionate Conservation
May 22, 2008 - 16:28 ET by upcountrywaterLook all you fuelish SUVers.. If you don't take our "suggestions" to conserve..
We will establish some "guide lines" to help you become GREEN!
Still no drilling... tick-tock.. You eat to much.... and you DRIVE to much..
So all you blatant abusers of the oil god.. WE WILL RATION YOU!
Soviet commie whacking his shoe at the UN," we will bury you'
Kill demand in this country.. thankx liberals
Liberals62%
IranianUranium
Doesn't fit the definition of the column
May 22, 2008 - 16:29 ET by Agrarian-DecentralistThe whole point of the Newsweek conventional wisdom column is to highlight---wait for it---CONVENTIONAL WISDOM. Ideas well out on the right side of the political spectrum would obviously not fit the definition.
"On the right side of the
May 22, 2008 - 16:39 ET by Foolican"On the right side of the political spectrum"?
You mean enacting higher taxes on oil corporations and raising fuel prices as a result is "conventional wisdom"?
lib radio host
May 22, 2008 - 16:34 ET by ort777I just heard a lib radio host, Ed Schlitzed, totally rip the oil exec. and oil industry to pieces. He took a call from someone and they just ripped on conservatives wanting to open up ANWR and then at the end of it all, Schultz more or less said he didn't really understand the economics of oil! I yelled out loud in my car "why are you talking about it then?" This epitomizes the liberal coverage of this issue. Let's rant, hit the oil companies below the belt without having a clue how the whole economics really works. Brilliant!
You probably shouldn't
May 22, 2008 - 16:52 ET by Chris NormanYou probably shouldn't listen to liberal talk shows while driving. It's the number one cause of car accidents involving conservatives.
O
May 22, 2008 - 17:03 ET by ort777So that can be my excuse for hitting that car in front of me with that Obama 2008 sticker? The "O" looked like a bullseye to me. I don't really listen for more than 5 minutes at a time. Any more than that gives me pain in unspeakable places.
Isn't this what the
May 22, 2008 - 16:43 ET by goldbarIsn't this what the conservatives really want? They like free markets and let the market decide and so demand goes up and the price of oil goes up. This is how "free" markets work.
If you want to drill for more oil, go off the coast of Florida where there's more oil than ANWR. The Chinese are already off the coast of Cuba and slant drilling into our territory, but nobody seems to care.
"Isn't this what the
May 22, 2008 - 16:56 ET by Chris Norman"Isn't this what the conservatives really want?"
I can't believe you actually typed that. It's total nonsense - even for you.
Howdy Chris... I was
May 22, 2008 - 16:59 ET by bigtimerHowdy Chris...
I was hoping against hope gb would be ignored with this asinine post of his.
"Never murder your opponent when he is committing suicide." ~ W. Churchill
Sorry BT, I tried.
May 22, 2008 - 17:05 ET by Chris NormanSorry BT, I tried. Sometimes, my self restraint to ignore silly provocation is taxed past it's limit. No follow up though, I promise.
Hey Chris...I should of put
May 22, 2008 - 17:09 ET by bigtimerHey Chris...I should of put LOL in there somewhere...I am just as guilty as others at times...I wasn't meaning to criticize I hope you know.
"Never murder your opponent when he is committing suicide." ~ W. Churchill
No offense taken. I should
May 22, 2008 - 19:00 ET by Chris NormanNo offense taken. I should be admonished for responding to such an obvious childish taunt.
So you like free markets,
May 22, 2008 - 17:28 ET by goldbarSo you like free markets, except when it costs you more money. I thought you guys were all about capitalism? Those oil profits are good for America. Isn't that your arguement?
It will all wash out
May 22, 2008 - 17:34 ET by bassndudeIt will all wash out goldie. I for one own stock in major oil companies. I may pay now, but I will get paid later...capitalism at work:-)
Save a SeAL, club a liberal!!
Goldie, truth be known, oil
May 22, 2008 - 17:40 ET by bassndudeGoldie, truth be known, oil is not really in the free market realm. There are to many restriction on exploration and extraction. To many rules and regulations making it impossible to drill for oil here in the states. That puts us in the position of depending on dictatorships to supply us. Now, when you depend on your enemies to supply you with a needed product, you put yourself out of the free market realm and into the realm of being subject to the dictators. Any way you look at it, it is not a free market.
Save a SeAL, club a liberal!!
right on
May 22, 2008 - 18:25 ET by wizardjrbassedude got it in one, just like the health care 'market' the oil 'market' is completely government controlled with some small fry that don't have an impact mixed in
oil sources: Russia, Nigeria, Mexico, Venzuela, Middle East - all government owned oil
one semi free world source: Canada
our 'market': drilling our own oil and gas, completely proscribed by our government; refineries, none built in the last 30 years and over half shut down by the government via the courts and applying extraordinary costs; power lines: stopped dead in their tracks by Federal judges on complaints by NIMBYs, 'pristine wilderness' liars, and ecoNazis; pipelines, same story as power lines; new power plants of traditional design, same story as power lines; etc.
goldie is just being ingenuous and snide, it knows these things but wants to taunt us... boring
You are repeating yourself,
May 22, 2008 - 17:56 ET by NL207You are repeating yourself, goldie. You got your intellectual cookies fried the last time you put up this stupid post. Please refer to the link for a reprise.
If it weren't for idiot
May 22, 2008 - 18:05 ET by ckc1227If it weren't for idiot dems like the one who was on Cavuto's show today, we'd be drilling in both places. Unfortunately, she thinks pretty views for tourism and make-believe energy sources are more important than getting the energy sources we currently know works.
Iguess she never thought to consider how $10/gallon of gas will affect Florida's precious tourism.
ckc...Debbie
May 22, 2008 - 18:12 ET by bigtimerckc...Debbie Wasserman/Schultz from Fla. is one of the most far left there is in congress...she has plans on going far.
I cannot stand her...never have...also has been one of the biggest Hill supporters from day one...I also think she may be one of the dems who are suing the DNC in Fla. I haven't read the story yet just have heard about it earlier...but I bet she is.
"Never murder your opponent when he is committing suicide." ~ W. Churchill
Not just Dems, RINOs
May 23, 2008 - 21:19 ET by SchnikeysNot just Dems, RINOs too!
------------------------------------------------------------
Grizzly Bear '08
Wow... Neil Cavuto just
May 22, 2008 - 17:06 ET by bigtimerWow...
Neil Cavuto just summed up the oil situation here in this country up so well in his Common Sense segment...when a link comes on with it...I am going to post it...it was great!
He summed it up and said it all!!!!
By the way his last line was something like this to congress-critters...you all need to quit the blame game, find some back-bone, I know you all know where that is...right above your ass.
"Never murder your opponent when he is committing suicide." ~ W. Churchill
Yeah, bt
May 22, 2008 - 17:15 ET by Cool ArrowThe part about "start looking for the backbone I know you hide. It's just above the ass I know you have".
LYDSEXICS UNTIE!
LOL thanks Cool...I'm just
May 22, 2008 - 17:18 ET by bigtimerLOL thanks Cool...I'm just glad someone else was listening!
"Never murder your opponent when he is committing suicide." ~ W. Churchill
No prob bt
May 22, 2008 - 17:20 ET by Cool ArrowI couldn't have remembered it correctly if it weren't for DVR.
LYDSEXICS UNTIE!
Many years ago, it was all
May 22, 2008 - 17:33 ET by radiofitz34Many years ago, it was all about competion and free enterprise. Well nowadays, I'm not sure what's going on. Now America seems content with what oil capasities it has. That is if you believe the liberal media. Shoot, I'd wonder what they'd say when they themselves would have to stand in a bread line looking for food. All this nonsense about big oil. Never forget the "food" that feeds ya. It seems the liberals have a better way. Well what the hell is it? I'd really like to know. I grow tired of their bullcrap. It seems we have to make a stand in November.
Political Correctness Is a Progressive Disease
Many years ago, it was all
May 22, 2008 - 17:49 ET by MrDebaterYou're right radiofitz. Conservation is great, but it is anti-growth and does nothing to help grow the economy. Pulling back and not spending, may help our personal pocketbooks, but it also contributes to slowing down the economy. We need to replace every loser in congress who is against growing our economy and increasing our oil supplies. Have people forgotten that the U.S. gets a royalty check from big oil for every barrel of oil produced in the U.S.? We get nothing from foreign oil.
"It seems the liberals have
May 22, 2008 - 18:08 ET by ckc1227"It seems the liberals have a better way. Well what the hell is it? I'd really like to know."
Apparently it involves asking other countries for permission on what we drive and eat, at least Obama thinks it does.
you just don't understand
May 22, 2008 - 18:09 ET by wizardjra) we're all going to die
b) you're responsible
c) unless we build more wind turbines and solar energy converters and fuel our cars and trucks with corn alcohol and hydrogen
d) alternative energy would be a triumph except for you right wingnuts
e) there are no starving people, and even if there were it is good for the planet
</sarc>
Wake up!
May 22, 2008 - 20:51 ET by pbthinkerWhen will the Republicans wake up and start talking thisissue up. The Democrats don't have a leg to stand on but the Republicans are just sitting here watching McCain start sucking up to them, with his Green House Gas-Bag plan. The whole house of cards of falling apart and the Republicans think it's time to jump on the bandwagon. What in hell are they thinking?
Democrats: Stuck on Stupid since 2000.
pb...I couldn't agree
May 22, 2008 - 20:59 ET by bigtimerpb...I couldn't agree more...I do think if prices keep climbing the conservatives that want to speak out will...I have seen a few on television that I know want to over recent weeks but won't because of McCain's stance....it is going to be interesting.
Just think, if we had a real conservative running this issue alone, plus throw in illegal immigration would get both sides of the aisle...polls have said so with illegal immigration...I do not think drilling and being self-dependent here would be far behind either...throw in defending this country against terrorists and we would have it made with the majority of both sides of the aisle.
"Never murder your opponent when he is committing suicide." ~ W. Churchill
pb... "What in hell are
May 22, 2008 - 21:05 ET by Clear thinkerpb...
"What in hell are they thinking"?
That's the problem, they are not thinking, they are acting like liberals!
"Abstain from McCain"
Perfect isnt it, I guess
May 22, 2008 - 21:01 ET by general companyPerfect isnt it, I guess the common thinking is "better late then never" : ]
"Television is a freak show" Bernie Goldberg
Here's a nice summary of
May 22, 2008 - 21:49 ET by ckc1227Here's a nice summary of yesterday's show trial before the senate.
http://www.powerlineblog.com/archives2/2008/05/020571.php
state coffers - fill 'er up
May 22, 2008 - 22:20 ET by mom_roxDon't forget our government's sticky (or is it oily?) fingers. The states get royalties at production and taxes (as a percentage, no cap) at the gasoline pump.
A government that robs Peter to pay Paul can always depend on the support of Paul.
- George Bernard Shaw, 1944
Here in Georgia, I am working on---
May 22, 2008 - 23:05 ET by misterbillHere in Georgia, I am working on---a two way solution. Svae gas and address illegal immigration.
Rickshaws -- motor assisted-- 65 miles to the gallon. Green cards for the drivers. (I admit it, I got the idea from Elliott Spitzer.)
misterbill,
May 22, 2008 - 23:11 ET by R D HelmLOL-Hey, the ignition lock on The Panzer broke today, leaving my beloved 2.5 ton, gas guzzling, well-crafted German machine stranded in the parking lot of my new employer.
Think you could send one of those bean-fueled rickshaws my way?
We are being smothered by government in this country. - Neal Boortz
To the Socialists from
May 23, 2008 - 16:43 ET by ConservativeRexTo the Socialists from Vermont that keep electing that complete idiot Leahy: Do the rest of the country a favor and keep his dumb ass amongst yourselves. I just witnessed that moron grilling our oil company executives on how much they get paid per year. He has some nerve. He's feeding at the public trough for the rest of his worthless life and he wants to point out, and make fun of, good men who earn an honest living.
Vermont is squawking about leaving the Union? Well get the hell gone, no one will miss you, believe me.