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The only Americans who would stand to realize any current gain from moving on off-shore or Alaskan drilling are those who happen to receive annual bonuses or stock dividends from a few major oil companies. The rest of you get nothing. Absolutely nothing.
Pelosi meanwhile is in the House. Energy is currently in the Senate, where coal industry mouthpiece McConnell, in all his obstructionist finery, is engaging in one last Republican (grand)stand by currently blocking everything but energy. (This is how he managed to survive the Coburn Omnibus cloture on Monday, despite the fact that ten Republicans lost bills they had worked long and hard on in that vote.) He wants the right to amend, and will filibuster anything that does not contain Republican amendments that will amounts to a series of more oil company give-aways. Reid has offered four shots at amendments. So far no give from McConnell. There are now 18 days left on the calendar of this Congress.
A rather biased thread from the start. The drilling for oil is not a solution to our gas price issues. Seems more has happened to the price of gas since the Dems have been talking about nationalization of oil. I have said for the last 2 years all we need to do is talk about it and we will see relief. Heaven forbid we reduce a 40B profit from Exxon.
It is all about money. Oil companies rely on us being dependent on their products. If we move to energy freedom we can eliminate the power companies and oils companies strangle hold on the people. Push for wind and solar power projects this is the solution not some hole in the ocean.
The only Americans who would stand to realize any current gain from moving on off-shore or Alaskan drilling are those who happen to receive annual bonuses or stock dividends from a few major oil companies. The rest of you get nothing. Absolutely nothing.
Pelosi meanwhile is in the House. Energy is currently in the Senate, where coal industry mouthpiece McConnell, in all his obstructionist finery, is engaging in one last Republican (grand)stand by currently blocking everything but energy. (This is how he managed to survive the Coburn Omnibus cloture on Monday, despite the fact that ten Republicans lost bills they had worked long and hard on in that vote.) He wants the right to amend, and will filibuster anything that does not contain Republican amendments that will amounts to a series of more oil company give-aways. Reid has offered four shots at amendments. So far no give from McConnell. There are now 18 days left on the calendar of this Congress.
Renewing our drilling programs in Alaska and elsewhere will absolutely benefit everyone in lower prices, as just the talk of authorizing more offshore drilling (according to analysts, anyway) has been a factor in the falling prices in the last couple of weeks.
Anyway, the oil companies are not the enemy here. They are trying to produce a product that America needs. For many, many years, they provided that product at affordable prices. When we cut off drilling and exploration in our own country, thereby increasing or reliance on foreign oil, our troubles began. This is a supply and demand problem, plain and simple.
Increasing supply will absolutely bring prices down. It always does. Prices are lower now partly because we are driving less, so there is an increase in supply, and as stated above, because of anticipation (speculation) of more supply due to the demand that we start drilling and producing here.
I read that the oil companies make only about 8 cents/gallon profit on gasoline. In turn the local gas stations also only make a few cents profit on gasoline. Meanwhile, the government makes more on a gallon of gasoline than the oil companies that produce it, and the government has no "cost". Talk about "windfall profit"!
Our problem here is the government. Period. We have got to allow these companies to do what they are in business to do. We have hamstrung them for far too many years. They are not evil. They are trying to provide something we need, and they should be allowed to do it at a profit. If they can't, they won't. And we will be the losers. Our very existence as a free country depends on our ability to produce energy — all that we need — at an affordable price.
We do not have to be like Europe. Why do Democrats think we should be? We have the resources. They don't. They must import their oil and gas. That's why they pay more for it. We don't have to. We have it right here, and we should be drilling and producing.
Finally, scientists now believe that the earth is constantly producing oil. So, it is not a finite resource. It does not come from dinosaurs!
A rather biased thread from the start. The drilling for oil is not a solution to our gas price issues. Seems more has happened to the price of gas since the Dems have been talking about nationalization of oil. I have said for the last 2 years all we need to do is talk about it and we will see relief. Heaven forbid we reduce a 40B profit from Exxon.
It is all about money. Oil companies rely on us being dependent on their products. If we move to energy freedom we can eliminate the power companies and oils companies strangle hold on the people. Push for wind and solar power projects this is the solution not some hole in the ocean.
Someone, must build and install those wind turbines, and build the grids; etc. to connect them. This will be the power companies, and you will still pay for your electricity. It is not free. Someone has to pay for it.
Yes, it is about money. A company must make a profit or they won't stay in business. We are a free nation. And we have a capitalist system (thank God!). That is why we have been able prosper and become the richest country in the world.
Without capitalism, you probably wouldn't have the computer you are using to read and participate in this discussion. Have you ever read the history of Apple Computer? Steve Jobs and Steve Wozniack (not sure of the spelling) were two guys working for Hewlett-Packard in Palo Alto. They belonged to a computer club (such as it was), and built an experimental “breadboard” computer that their friends all loved. Everyone wanted one, so they started building them in their garage. They called it the “Apple”. The demand grew, and soon others also wanted one.
Long story short, they were able to obtain a lone to buy parts to increase their production and get the “Apple” onto the shelves in a local hobbyist store. Boom. Apple Computer was born. Both Steves soon left Hewlett-Packard (one took some convincing...don't remember which one).
There's is a success story that is the picture of how capitalism works, and why it is good. Microsoft is a similar story. Bill Gates was just a computer geek, who I have heard didn't even finish high-school. He and the guys from Apple knew each other, and collaborated on some things.
Nuff said, I think. You get the picture.
We are a great nation because of who we are, and because of our system, and our freedom to innovate
I would like to see Pelosi(and every other politician for that matter) disclose their personal financial interests in either the rising price of oil or the infrastructure of alternatives.
A rather biased thread from the start. The drilling for oil is not a solution to our gas price issues. Seems more has happened to the price of gas since the Dems have been talking about nationalization of oil. I have said for the last 2 years all we need to do is talk about it and we will see relief. Heaven forbid we reduce a 40B profit from Exxon.
It is all about money. Oil companies rely on us being dependent on their products. If we move to energy freedom we can eliminate the power companies and oils companies strangle hold on the people. Push for wind and solar power projects this is the solution not some hole in the ocean.
I agree but wind and solar alone from what I have heard on news isnt enough.
I dont know why nuclear power is such vodoo now this isnt 1950s things have advanced .
However untill we are moving along with the above we need cheaper oil .
I would like to see Pelosi(and every other politician for that matter) disclose their personal financial interests in either the rising price of oil or the infrastructure of alternatives.
House Speaker Nancy Pelosi told CNN that she would block any vote to allow offshore drilling.
This remarkable stance comes in the face of the latest poll that says 73 percent of Americans favor offshore drilling, while only 27 percent oppose it.
Nancy Pelosi again displays her contempt for her employer, the American people.
Her arrogance and wrong-headed philosophy have led Congress to an approval rating of a staggering 14 percent, the lowest ever.
There is plenty of oil to drill.
Known reserves offshore, in Alaska, the Bakken fields of North Dakota and Montana, and elsewhere, can meet the energy demand for at least 100 years.
But Pelosi and her colleagues don't want this oil produced.
Pelosi says that it will take 10 years for this new oil supply to reach the pump, and then, it would reduce the price by only two-cents per gallon.
This price projection is pure fiction.
Nancy Pelosi is now playing God, standing where Bill Clinton stood more than a decade ago, defying the expressed will of the people by blocking access to the known oil reserves that are so desperately needed by the entire nation.
Renewing our drilling programs in Alaska and elsewhere will absolutely benefit everyone in lower prices, as just the talk of authorizing more offshore drilling (according to analysts, anyway) has been a factor in the falling prices in the last couple of weeks.
Anyway, the oil companies are not the enemy here. They are trying to produce a product that America needs. For many, many years, they provided that product at affordable prices. When we cut off drilling and exploration in our own country, thereby increasing or reliance on foreign oil, our troubles began. This is a supply and demand problem, plain and simple.
Increasing supply will absolutely bring prices down. It always does. Prices are lower now partly because we are driving less, so there is an increase in supply, and as stated above, because of anticipation (speculation) of more supply due to the demand that we start drilling and producing here.
I read that the oil companies make only about 8 cents/gallon profit on gasoline. In turn the local gas stations also only make a few cents profit on gasoline. Meanwhile, the government makes more on a gallon of gasoline than the oil companies that produce it, and the government has no "cost". Talk about "windfall profit"!
Our problem here is the government. Period. We have got to allow these companies to do what they are in business to do. We have hamstrung them for far too many years. They are not evil. They are trying to provide something we need, and they should be allowed to do it at a profit. If they can't, they won't. And we will be the losers. Our very existence as a free country depends on our ability to produce energy — all that we need — at an affordable price.
We do not have to be like Europe. Why do Democrats think we should be? We have the resources. They don't. They must import their oil and gas. That's why they pay more for it. We don't have to. We have it right here, and we should be drilling and producing.
Finally, scientists now believe that the earth is constantly producing oil. So, it is not a finite resource. It does not come from dinosaurs!
You must have stock in the oil companies to write such lies.
If we were like Europe 'we wouldn't have stooped nuclear energy 30 years ago and would be drilling just as they are in the north sea.We also would ahve had the flood agates that were proposed in teh 60's that would ahve blocked the water from getting to the canals in New Oralens that the environmantalist stopped by going to feral court and getting a injunction.Pelosi and Reid know that the only chance they have to stop drilling is to stop it from coming to a vote which is waht they are doing by filling the calendar with non-sense votes. That is why they are becoming known as the do nothing congress. Every polls shows that the vast per centage of the american peole want to strt drilling for the future as we shuld have never stopped in the past. But if you live in a drilling sate look for more and more prosperty in the future as these states are moving forward while the others are going onto recession as more and more money flows out of them just as it has the country to the foreign oil producers. That will change the demographics of american politcs in itself.Weh peole ahve to wait in line for $5.00 gas ;things will change quickly.
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