Chris Matthews: 'Nobody Thinks This Country Can Drill Its Way Out Of High Gas Prices'
I'm regularly amazed by the economic ignorance of today's television commentators.
Consider MSNBC's Chris Matthews who on Monday's "Hardball" actually said, "Nobody thinks this country can drill its way out of high gas prices" (video follows with transcript and commentary):
CHRIS MATTHEWS, HOST: Back to HARDBALL. Now to the "Sideshow." First, drill baby drill, it’s back. Didn’t take long. Here’s Tim Paw, Tim Pawlenty, this morning.
(BEGIN AUDIO CLIP)
TIM PAWLENTY (R), FORMER MINNESOTA GOVERNOR: This is a president who has sat on his hands as it relates to drilling. You know, we have got a country that’s got some enormous energy assets that are not being exploited or leveraged to the benefit of our country and to our people.
(END AUDIO CLIP)
MATTHEWS: Well, nobody thinks this country can drill its way out of high gas prices.
Nobody? You mean nobody in this country understands the law of supply and demand and that if we were actually to increase the production of oil by drilling for more of our own that would necessarily bring down oil and gas prices?
Show of hands: who thinks America drilling for more oil would bring down oil and gas prices?
And this guy has not one but two nationally broadcast television programs.
Could you possibly take seriously anything said by a man so obviously ignorant about something we all learned in grammar school?
Simple lapses in reason like this make it even more preposterous when Matthews criticizes the intellectual capacity of folks like Sarah Palin and Michele Bachmann who I guarantee understand that increased American drilling would immediately cause energy speculators to sell their long positions on the various commodities exchanges around the world and likely go short.
But the high and mighty Mr. Matthews clearly doesn't understand such things.
Did I mention he's got two nationally broadcast television programs?
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Comments
I'm sure windmills will get
Submitted by ThisnThat on Mon, 04/25/2011 - 7:54pm.
I'm sure windmills will get us there. Isn't that what the left believes these days?
Matthews is indeed stupid. But just wait until the U.N. declares that Mother Nature has the same rights as humans. Think we see stupidity now? We haven't seen anything, yet.
BTW, what stupid jackass appointed all dims and an environmental activist to the EPA's panel that approves drilling rights? I heard that we can't drill for 27 billion barrels of oil in Alaska because some village (population: 245) 70 miles away might have some particles in the air as a result of the drilling!?!? Is this stupid or what? Frankly, these people are signing our death warrants -- and getting away with it.
__________
“Didn't win the Medal of Honor? Didn't even serve? Then lie about it. We'll support you." — 9th Circuit Court
That's some argument Chris,
Submitted by rbosque on Mon, 04/25/2011 - 7:49pm.
That's some argument Chris, all or none.
Drilling for oil here where it's more stable will not only help prices but bring them down globally. Chris needs a lobotomy before he hurts himself.
Ms. Chrissy has already used
Submitted by Dan Diego on Mon, 04/25/2011 - 8:23pm.
Ms. Chrissy has already used her Hope & Change DIY home Obotomy kit, nothing left.
Nobody.......
Submitted by GregE on Mon, 04/25/2011 - 7:58pm.
MATTHEWS: Well, nobody within my circle thinks this country can drill its way out of high gas prices. And I'm the pivotman.
http://www.1140wrva.com/cc-common/mlib/1249/04/1249_1303300017.jpg
Matthews: "I am nobody..I am
Submitted by kg on Mon, 04/25/2011 - 9:45pm.
Matthews: "I am nobody..I am no one..I am not Regan...I am nobody...Now kindly undo these straps"
"DumbAssity of Dope"
But our President believes we can tax our way to . . .
Submitted by Galvanic on Mon, 04/25/2011 - 10:48pm.
. . . prosperity.
We haven't built a new nuclear power plant or a new petroleum refinery in decades.
We aren't drilling our own reserves in Alaska or offshore, but we paid Brazil's national oil company $2 billion to drill off their shores.
We've subsidized the production of corn ethanol to the point where it consumes 40% of our corn production which raised the price of our food, reduced corn exports to hungry nations, and now puts more GHG in the air than gasoline.
Never, ever EVER use an absolute! ;)
Submitted by Slyrr on Mon, 04/25/2011 - 8:03pm.
Meet Mr. Nobody, Chrissy-boy.
All 200 million of us.
I'm regularly amazed by the
Submitted by Dave. on Mon, 04/25/2011 - 8:06pm.
I'm regularly amazed by the economic ignorance of today's television commentators.
I'm even more amazed at the economic ignorance of the American Idol-watching sheeple that get their "news" from people as stoopid as Prissy Tingles and vote accordingly.
And I'm yet even more amazed still that this country has managed to make it as far as it has.
[IF] America is to be saved, we must keep the stoopid people out of the voting booths.
-Dave
Vote for the American in November
No...we'll Chevy Volt our way out.
Submitted by NeoKong on Mon, 04/25/2011 - 8:08pm.
And don't forget to inflate your tires.
"Nobody thinks this country
Submitted by stratman on Mon, 04/25/2011 - 8:10pm.
"Nobody thinks this country can drill its way out of high gas prices"
Chris Matthews is a lying sto' bought troll.
Just read there is a fire in NM that threatens a refinery. Even the comparatively small amount may not be refined at this refinery will affect gasoline prices, particularly since refining capacity is at 95-98% capacity already nationwide, not to mention all the crap the refineries must do to switch over to all the summertime blends mandated by bloated government.
Go to windfarms?*
Submitted by cajun2 on Mon, 04/25/2011 - 8:16pm.
The EPA and the eco nuts demanded a moratorium because of all the dead and endangered critters in the Gulf Coast area from one oil spill.
But notice no furor from the eco nuts about the number of dead birds every year.from windfarms.
Chris Matthews is misguided and will soon see his errors.
Submitted by daveposh on Mon, 04/25/2011 - 8:23pm.
Chris Matthews is misguided and will soon see his errors.
I do. Stop environmentalist
Submitted by mostlymoderate on Mon, 04/25/2011 - 8:25pm.
I do. Stop environmentalist whacko's like the Sierra Club from dictating when and where we can drill. I would like us to tap some of that wasted oil in Alaska, to be quite honest.
the guy's an idiot!
Submitted by David N MO on Mon, 04/25/2011 - 8:35pm.
Why even report on him? He a total idiot. He contradicts himself from one paragraph to the next and you would be doing me a favor never to mention him again!
Save me from the Good People! (those who think they know what is best for me and mine)
David
Save me from the Good People!
Maybe he is right...
Submitted by octavioj on Mon, 04/25/2011 - 8:59pm.
With the amount of hot air this guys blows we could probably feed the grid for a while. Now for those pesky cars that are not electric I am not sure the blowhard will work...
Maybe someone needs to file a
Submitted by MichaelPaladin on Mon, 04/25/2011 - 9:30pm.
Maybe someone needs to file a class-action lawsuit ............against the eco-nuts
Personally I think it could work, with all the economic harm they have caused. I can think of many farmers that could benefit from some eco-freak money.
Maybe if they have to defend themselves and their ideas, most of them that haven't worked. It would possibly make them think twice before trying to stop normal economic activity.
MATTHEWS IS RIGHT
Submitted by zenman1661 on Mon, 04/25/2011 - 9:48pm.
You talk about supply and demand and its something I believe in. But the truth is the United States does not have enough oil supply to have an effect on any real effect on demand. Our reserves aren't that big. Yes, we should drill, but don't expect it to have much in bringing down the high price of gas, especially with the dollar being so low.
Try again Zenman*
Submitted by cajun2 on Mon, 04/25/2011 - 10:12pm.
And this reserve is in North Dakota
Then there is the Gulf of Mexico
And the lie that oil is NOT a renewable resource
Try what again?
Submitted by zenman1661 on Mon, 04/25/2011 - 11:39pm.
Mentioning a state that has some decent coal shale deposits doesn't disprove what I said. WE got plenty of coal and natural gas. Oil, not that much. Look at this chart of estimated world oil reserve
http://en.wikipedia.org/wiki/Oil_reserves#Estimated_reserves_by_country
You may want to consider, zenman,---
Submitted by matthewdean on Tue, 04/26/2011 - 1:12am.
sandwiched as you are between cajun and Redrowan, formulating a strategic backing process.
Not saying you are incorrect; not saying you are wrong or outnumbered; but based on the info, you are most definitely outgunned.
MD
If that Wiki article was
Submitted by CrazyHungarian on Tue, 04/26/2011 - 3:51pm.
If that Wiki article was correct, then the world's oil reserves should be going down each year as we use it up instead of going up as listed in the second half of that article. I don't trust Wiki on any subject that is remotely political, especially one that self-invalidates. Wiki is well known to have politically biased providers and editors.
Please Read
Submitted by Redrowan2000 on Mon, 04/25/2011 - 11:51pm.
Subject: Oil
Got this in the mail:
" About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. was the guest.. The host said to Forbes, "I am going to ask you a direct question and I would like a direct answer; “How much oil does the U.S. have in the ground?" Forbes did not miss a beat, he said, "More than all the Middle East put together." Please read below.
The U. S. Geological Service issued a report in April 2008 that only scientists and oil men knew was coming, but man was it big. It was a revised report (hadn't been updated since 1995) on how much oil was in this area of the western 2/3 of North Dakota, western South Dakota, and extreme eastern Montana ..... check THIS out:
The Bakken is the largest domestic oil discovery since Alaska 's Prudhoe Bay , and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable... at $107 a barrel, we're looking at a resource base worth more than $5..3 trillion..
"When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea.." says Terry Johnson, the Montana Legislature's financial analyst.
"This sizable find is now the highest-producing onshore oil field found in the past 56 years," reports The Pittsburgh Post Gazette. It's a formation known as the Williston Basin , but is more commonly referred to as the 'Bakken.' It stretches from Northern Montana, through North Dakota and into Canada . For years, U. S. oil exploration has been considered a dead end. Even the 'Big Oil' companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough has opened up the Bakken's massive reserves..... and we now have access of up to 500 billion barrels. And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!
That's enough crude to fully fuel the American economy for 2041 years straight. And if THAT didn't throw you on the floor, then this next one should - because it's from 2006!
U. S. Oil Discovery - Largest Reserve in the World
Stansberry Report Online - 4/20/2006
Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world. It is more than 2 TRILLION barrels. On August 8, 2005 President Bush mandated its extraction. In three and a half years of high oil prices none has been extracted. With this motherload of oil why are we still fighting over off-shore drilling?
They reported this stunning news: We have more oil inside our borders, than all the other proven reserves on earth.. Here are the official estimates:
- 8-times as much oil as Saudi Arabia
- 18-times as much oil as Iraq
-21-times as much oil as Kuwait
- 22-times as much oil as Iran
- 500-times as much oil as Yemen
- and, it's all right here in the Western United States .
HOW can this BE? HOW can we NOT BE extracting this? Because the environmentalists and others have blocked all efforts to help America become independent of foreign oil! Again, we are letting a small group of people dictate our lives and our economy.....WHY?
James Bartis, lead researcher with the study says we've got more oil in this very compact area than the entire Middle East - more than 2 TRILLION barrels untapped. That's more than all the proven oil reserves of crude oil in the world today, reports The Denver Post.
Don't think 'OPEC' will drop its price - even with this find? Think again! It's all about the competitive marketplace, - it has to. Think OPEC just might be funding the environmentalists?
Got your attention yet? Now, while you're thinking about it, do this:
Pass this along. If you don't take a little time to do this, then you should stifle yourself the next time you complain about gas prices - by doing NOTHING, you forfeit your right to complain.
Now I just wonder what would happen in this country if every one of you sent this to everyone in your address book.
By the way...this is all true. Check it out at the link below!!!
GOOGLE it, or follow this link. It will blow your mind.
http://www.usgs.gov/newsroom/article.asp?ID=1911"
"Don't let the bastards grind you down."
I hate it
Submitted by jon_torlin on Mon, 04/25/2011 - 11:34pm.
I hate it when the libs use the thing "oh, it'll take years before we see anything significant." When I hear that, I want to do violence on their candy asses. We are living proof that it's far easier to destroy than it is to build, during the last 2 years, this bogus potus has put us on the path to possibly irreversible destruction. It took us years to get where we are, it'll take years to put it back, if we can get started and without the communists in the WH.
If we can somehow reverse course, and trash the green policies because they are nothing but destructive, we need to do it ASAP. That's just the bottom line. This utter bullsh!t that Van Jones and Bolivia are doing is just that, there's absolutely NOTHING beneficial about it at all.
United Nations, HAH, should be called United Gaia worshippers heading by commie dictators.
Buncha sorry bastards, all of them.
-Jon
I Knew I Lived Nowhere But I Did Not Know That I Was Nobody
Submitted by Avitar on Tue, 04/26/2011 - 12:14am.
Servel places have names like the Nowhere Cafe but being and engineer and knowledgable on digital signal processing I did not realize that it made me nobody because I can find 200 years of oil.
When the liberals start slinging around the insults it gets difficult not to return fire equal insults. They may win through the power of blank stupidity.
It is important to remember that Jeff Foxworthy, this nation's number one red neck, is smarter than Barack Obama. ( Hea has a Georgia Tech degree that matches the top 5% of Harvard Law School.)
Matthews willfully deaf and blind.
Submitted by Boil It Down on Tue, 04/26/2011 - 2:34am.
That would be nobody within Matthews field of view or within his range of hearing thinks drilling here at home is common sense. Of course, Matthews makes sure that he can only see and hear what doesn't disrupt his skewed perspective on the world. That is to say, nothing outside that elitist, left wing, beltway bubble. I'm getting really tired of having to point that out. Perhaps MSNBC's new "We're Left-Wing Bias And Proud Of It" promotions will help them implode and Matthews voice will only be heard inside that bubble from then on. -bidn-
"Nobody thinks"...
Submitted by johnsonl on Tue, 04/26/2011 - 7:17am.
"some people say"....favorite terms for liberals to express their opinion without any actual evidence or facts.
Another liberal trial balloon
Submitted by dscott on Tue, 04/26/2011 - 12:15pm.
Another liberal trial balloon just sunk like LEAD.
Uhmm, fellas, yes you idiots in the MSM, had we been allowed to drill when Bush lifted the costal drilling ban the price of oil would be a lot lower. IF your environmental fascist allies wouldn't be obstructing drilling and refining we would be well on our way to self sufficiency instead of these Carteresque pronouncements by the Son of Carter in Chief. You do realize that drilling in other countries is not done to the high standards done here? Way to go, let's pollute the earth some more through mindless bureaucratic sloganeering by regulation!
But no, your buddies in the EPA are demanding to increase the mix of ethanol which pollutes the air even more, wastes more fuel and forces everyone to pay even more since they are getting less miles per gallon on the mix. The EPA is the enemy of the environment, how Orwellian is that?
Let's not mention the incompetence of outsourcing our energy supplies thus denying the Treasury much needed tax revenue or the bleeding of the economy of some $300 billion a year that would have been a big financial stimulus and jobs maker. Incompetence, INCOMPETENCE!!!!!!!
So Chrisy boy do you have stock in energy companies, either oil, gas, ethanol or alternative? How about any carbon credit companies similar to Al Gore's little money maker? Any conflicts of interest there?
Oh Chrisy poo, did you read
Submitted by dscott on Tue, 04/26/2011 - 12:15pm.
Oh Chrisy poo, did you read the PJM article today?
http://pajamasmedia.com/blog/thanks-to-obama-gas-jumps-in-a-flash/
Why was it that oil prices plummeted on the very day George W Bush announced the end of the coastal drilling ban? The mere consideration of drilling and expectation of adequate oil supply brings down the price of oil. Now Chris we expect you to responsibly recycle that lead from your trial balloon you don't want to despoil the environment do you?
It's The Dollar Stupid
Submitted by HardRightTurn on Tue, 04/26/2011 - 4:11pm.
The price of oil is in direct relation to the value of the dollar. The lower the value of the dollar, the higher the price of oil. Simple
If Matthews watched Beck instead of blindly bashing him, he would know this indisputably for a fact.
To more fully comprehend the Left, one must read “Leftism As Psychopathy” by John Ray, M.A., Ph.D. Caution, it might scare you a little bit.
http://jonjayray.tripod.com/psycho.html
yeah
Submitted by donabernathy on Tue, 04/26/2011 - 8:25pm.
"Nobody thinks this country can drill its way out of high gas prices"
what are you...one of them.... supply and demand kooks.
roflmao