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Old 08-23-2008, 01:50 PM
 
Location: Michigan
29,391 posts, read 55,602,856 times
Reputation: 22044

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CRAWFORD, Texas (AP) — President Bush on Saturday blamed the Democratic-led Congress for the high cost of gasoline and renewed his call for expanded offshore drilling to increase U.S. oil supplies.

"To reduce pressure on prices, we need to increase the supply of oil, especially oil produced here at home," Bush said in his weekly radio address.

Bush blames Democrats for high gas prices - USATODAY.com
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Old 08-23-2008, 01:57 PM
 
Location: los angeles
5,032 posts, read 12,611,786 times
Reputation: 1508
Thumbs down Bush/Cheney=war criminals

Yeah, who even bothers to listen to the FOOL [the most hated president ever who nearly destroyed our nation & will forever be shunned\ignored by Americans
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Old 08-23-2008, 01:59 PM
 
7,381 posts, read 7,694,475 times
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Quote:
Originally Posted by John1960 View Post
CRAWFORD, Texas (AP) — President Bush on Saturday blamed the Democratic-led Congress for the high cost of gasoline and renewed his call for expanded offshore drilling to increase U.S. oil supplies.

"To reduce pressure on prices, we need to increase the supply of oil, especially oil produced here at home," Bush said in his weekly radio address.

Bush blames Democrats for high gas prices - USATODAY.com
What's news about this? It sounds reasonable to me.
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Old 08-23-2008, 01:59 PM
 
19,198 posts, read 31,479,243 times
Reputation: 4013
Joe Isuzu told the truth more often than Bush...
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Old 08-23-2008, 02:04 PM
 
7,381 posts, read 7,694,475 times
Reputation: 1266
Quote:
Originally Posted by happ View Post
Yeah, who even bothers to listen to the FOOL [the most hated president ever who nearly destroyed our nation & will forever be shunned\ignored by Americans
Hmm... I must've the trials, which I'm sure would've occurred if they had been war criminals.
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Old 08-23-2008, 02:05 PM
 
19,198 posts, read 31,479,243 times
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Quote:
Originally Posted by Amaznjohn View Post
What's news about this? It sounds reasonable to me.
Well, there is the fact that even the American Petroleum Institue concedes that opening up additional offshore areas for exploration and drilling will have no effect on the pump-price of gasoline.

What API does not concede, but what is nevertheless true, is that Republican proposals to address high gasoline prices through, and only through, expanded offshore exploration and drilling rights is nothing but one last attempt by them to pad the bottom line of oil companies. No other significant effect is actually likely to arise from their proposals...
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Old 08-23-2008, 08:12 PM
 
Location: Victoria TX
42,554 posts, read 86,992,173 times
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Price of gas is down, here, about 70c in the past month. Who does he credit for that?
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Old 08-23-2008, 08:22 PM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
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Quote:
Originally Posted by jtur88 View Post
Price of gas is down, here, about 70c in the past month. Who does he credit for that?
Why he'll take credit for that of course
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Old 08-23-2008, 10:23 PM
 
Location: Imaginary Figment
11,449 posts, read 14,468,431 times
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Quote:
Originally Posted by jtur88 View Post
Price of gas is down, here, about 70c in the past month. Who does he credit for that?
Strong dollar and less demand.
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Old 08-24-2008, 04:43 AM
 
29,939 posts, read 39,468,904 times
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"Still, the nation's economy will continue to rely on fossil fuels for the foreseeable future, according to Sara Banaszak, senior economist at the American Petroleum Institute.
"Under any model of the country's energy future, we will still need more oil and gas over next 20 years," she said. Offshore drilling can help meet that need and will boost domestic economic activity.
Banaszak says opening up the country's coast lines to oil exploration has the potential to have "immediate impact," on gas prices.
Lifting the ban would send a "strong signal" to the oil futures market, which could help bring the price of crude down immediately, she said."


Americans favor offshore drilling - Jul. 30, 2008
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