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Salazar and $10 gas
This youtube video is making the rounds of GOP and right-wing blogs. It’s also being e-mailed to us by readers. In it, if you don’t care to watch, Sen. Ken Salazar objects to allowing a vote on offshore drilling, even if gas prices reach $10 a gallon. Reporter Gary Harmon is trying to get in touch with Salazar to see if he really means that. Stay tuned.
Comments
By GJ
August 4, 2008 12:59 PM | Link to this
Sounds like the feds need to spend more time trying to figure out how to ween this country from oil and subsidizing modes of transportation using alternate energy sources (and/or old-fashioned human foot power)and research on oil alternatives. All this debate about the gasoline price threshold for drilling offshore is a straw man and completely fruitless. Bottom line is, you should bike to work if you live close enough and oil rigs should be kept away from both our shores and our beautiful Rocky Mountains.
By Bill M
August 4, 2008 3:42 PM | Link to this
The apparent right-wing frenzy about this remark belies its meaninglessness. According to the Bush Administration’s Dept. of Energy, even if the offshore drilling moratorium were lifted TODAY, we wouldn’t see a drop of oil from the newly opened areas for years. And even then, the incremental addition to the world oil supply from those areas would barely affect price, if at all. Here’s the EIA report to that effect:
http://www.eia.doe.gov/oiaf/archive/aeo07/pdf/0383(2007).pdf#page=59
By GJ 2
August 4, 2008 6:44 PM | Link to this
Look at the big picture. Aside from general energy, If it’s synthetic IE. any kind of plastic, styrafome, synthetic fibers, it made with petriolium. EVERYTHING in this consumer based society we live in is tied to oil. If it is going to take ten years to get it out to market we had beetter get going. A new society based wholey on renewables is a nice idea but 50-100 years from reality. I mean DUH?
IF Exon is making so much money how much do you think the US government is making on taxes from that? IF you look at the stats; BIG oils profit margins are not number 1 on the list of industries, and it;s the profit margins you should be concerned with.
(http://everydayecon.wordpress.com/2006/04/26/oil-profit-margins-vs-other-industries/)
Increased tax rates send corporate and industrial America overseas. We already have the highest corporate tax rate in the world. Lets just force all of them to go elsewhere, that will make our economy really roll; huh?
The wells in North Dakota are comming on line in less than ten days. Areas with any kind of exssisting infrastructure will be showing results rather quickly IE. ANWAR - California coast. The ten year number is for compleatly new fields without any close exsisting infrastrustures - and for mature field producton. There are wells off Newfoundland that are producing 300,000 barrels a day that came on line in less than three years. “Oh that hasen’t been on CNN?”
It’s not as much as dripping the price of gas as it is to keep from spending 300 billing a year for outsoursing energy.
One regieme change in Saudi and it’s all over my friends.
WE NEED TO UESE IT ALL! WIND, SOLAR, NONRENUABLE, IT”S ALL TIED TOGETHER! GET IT GOING NOW CAUSE IT’s GOING TO TAKE AWHILE.