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You understand that the oil up there will not lower gas prices...right?
You stop to think if we can't seal a blowout in the gulf that we have less chance in the Arctic?
Going too far...hardly, not far enough in most cases.
Actually, the Gulf well had a self-sealing emergency valve which should have shut all the oil, but it malfunctioned. Are we going to stop flying the next time a plane crashes?
OH for G-d's sake. I remember gas for twenty-seven cents per gallon. So what?
A house also cost $10,000 back then. How the hell is that relevant to anything?
Well just for kicks: I bought my house in 1995 for $220,000. Gas, for a long time, was around $.97-$1.03 per gallon. My house isn't worth a whole lot more these days but I the gas is!
It also doesn't help when people think that if Shell drills in the Arctic waters owned by the U.S., that that makes the oil they bring up to the surface, property of the U.S. It's not. It belongs 100% and solely to Shell Oil.
And guess what Shell Oil can (and will) do with it? Sell it to the highest bidder on the WORLD MARKET.
I'm so sick of Republicans lying to the American public about what drilling off America's shores would accomplish. It's not "our" oil. It's whoever drills for it's oil. And they get to do whatever the hell they want with it, even if that means not selling it to the U.S.
How on earth do all of these free-marketeers miss this simple fact?
Absolutely mind-boggling.
The truth is gasoline today is cheaper than it has ever been if paid for by real US Money not Treasury notes.
Take a pre- 1964 dime to a coin store, and trade it for treasury notes (dollars) You will see you now have have 4 of them. Yes a silver dime is now worth $4!
Then quickly run to the gas station and trade those notes for 1 gallon of gas.
Gas = 10 cents/gallon
So, is gas really high or is it that the dollar got trashed by all the bailouts.
Well just for kicks: I bought my house in 1995 for $220,000. Gas, for a long time, was around $.97-$1.03 per gallon. My house isn't worth a whole lot more these days but I the gas is!
"The gas prices history shows us that the fluctuation in the prices is not always because of limited supply of gas. There are various other factors involved, such as the energy policies we make, wars, government taxes, crude oil markets etc."
The EPA excercises control BASED ON LEGISLATION THAT COMES OUT OF CONGRESS!
I see you giving absolutely no accountability for the oil and gas industry to develop cleaner, and safer ways to get oil and natural gas out of the ground or from under the ocean. WHY IS THAT?
We've already seen what happens when the oil and gas industry is left to their own devices. THEY WILL POLLUTE AND CREATE UNHEALTHY CONDITIONS WITHOUT REGARD TO PEOPLE OR THE ENVIRONMENT.
If there are regulations in place they were put their because WHEN THE OIL AND GAS INDUSTRY WAS UNREGULATED THEY OPERATED IN AN ENVIRONMENTALLY UNSAFE MANNER.
And once the regulation were put in place the Obama Administration looked the other way while BP was issued categorical exemptions by MMS for those same regulations. It isn't enough to simply create regulations if the president effectively sells exemptions.
"The issuance of those exemptions was preceded by extensive lobbying by BP, which -- as usual -- succeeded in its objectives: "The agency's oversight role has devolved to little more than rubber-stamping British Petroleum's self-serving drilling plans," said Center for Biological Diversity's Kierán Suckling."
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Gas is cheaper than it has ever been!
