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Well as long as the democrats continue to block crude production here you can expect for more and more crude to come from foreign sources and that mnaey to flow tot hose countries. Huge drain on cash outflow. Anyone remmeber when Carter promised we would never again be dependent on foreign sources for 40% of our oil usage,. Then look at the cost of our not having nuclear elctric productions by that same old democratic congress while tohers like France continue and now peoduce 70% of their elctricity from it.
Quote:
Point one: I am tonight setting a clear goal for the energy policy of the United States. Beginning this moment, this nation will never use more foreign oil than we did in 1977-- never. From now on, every new addition to our demand for energy will be met from our own production and our own conservation.
And how much money did they donate to Obama? Just follow the money and you will see the connections between the two.
Quote:
Technically, that's true, since a law that has been on the books for more than a century prohibits corporations from giving money directly to any federal candidate. But that doesn’t distinguish Obama from his rivals in the race.
We find the statement misleading:
Obama has accepted more than $213,000 from individuals who work for companies in the oil and gas industry and their spouses.
Two of Obama's bundlers are top executives at oil companies and are listed on his Web site as raising between $50,000 and $100,000 for the presidential hopeful.
Anyways, obviously something is wrong and it's not going to be an easy fix. Windfall taxes won't solve it. It's not deregulation and it's not just centered in the US along with it being obviously bi-partisan in it's parasitic nature.
Well as long as the democrats continue to block crude production here you can expect for more and more crude to come from foreign sources and that mnaey to flow tot hose countries. Huge drain on cash outflow. Anyone remmeber when Carter promised we would never again be dependent on foreign sources for 40% of our oil usage,. Then look at the cost of our not having nuclear elctric productions by that same old democratic congress while tohers like France continue and now peoduce 70% of their elctricity from it.
bingo! all the whining about energy independence and getting away from oil so they block everything coming down the pike and now we are left with "green cars" and "green shoots"..... if we had rolled up our shirtsleeves and started on our own oil production with oil shale, etc., we might actually be somewhere now instead of having a leader who has to bow and suck up to other countries so they continue to buy our debt. we would have at least had another industry or two, instead we have bigger government. which would have been better for our country?
Banks are the largest players in the oil market; they are highly leveraged.
Which is wht the price of a barrel of crude is determined by the Stock Market, and has zero to do with supply and demand.
It was at one point and time. It's not anymore of course... The real question is does all the rhetoric being espoused actually have claws or is it just more pandering while behind the scenes the money flows.
It was at one point and time. It's not anymore of course... The real question is does all the rhetoric being espoused actually have claws or is it just more pandering while behind the scenes the money flows.
Nancy and Harry are still working on going after those bad oil companies right?
At least they said they would in 2006 so they could get elected.
Please do not tell me they forgot to work on that?
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