Friday, May 9, 2008

Enjoying $3.75 Per Gallon Gasoline? Thank A Democrat!

I'm reproducing this post from Gateway Pundit because it sums up who is responsible for our current gas prices:

Over the past 30 years:

Which party blocked the development of new sources of petroleum?-- Democrat
Which party blocked drilling in ANWR?-- Democrat
Which party blocked drilling off the coast of Florida?-- Democrat
Which party blocked drilling off of the east coast?-- Democrat
Which party blocked drilling off of the west coast?-- Democrat
Which party blocked drilling off the Alaskan coast?-- Democrat
Which party blocked building oil refineries?-- Democrat
Which party blocked clean nuclear energy production?-- Democrat
Which party blocked clean coal production?-- Democrat



We are experiencing higher gasoline, oil, and natural gas prices today because of decades of restricted development of new sources of petroleum.

From ANWR to off-shore development such as Lease Area 181 in the Gulf of Mexico, we have identified oil and natural gas reserves that can be developed and used responsibly. Yet time and time again efforts to increase supply, and reduce prices, are blocked. For instance, ten years ago President Clinton vetoed development in ANWR.
Democrats for the past 30 years have blocked every effort to responsibly develop the energy resources our country possesses.

As Americans pay more for gas than ever under this Congress--
Democrats continue to vote against drilling and oil exploration.

Instead, Democrats believe taxing oil companies will somehow bring down gas prices.
Even, Jay Leno is mocking them.

Democrats like to attack evil American oil companies and block them from drilling off our coasts.
But, it doesn't seem to bother them when China starts drilling for oil in these same areas 50 miles from Key West.

Yesterday, with gas prices at an alltime high, Speaker Nancy Pelosi mocked Republicans for wanting to develop our reserves here at home.
Victor Davis Hanson wrote:

Nancy Pelosi chanted "Veto and Drill", "Veto and Drill" in caricaturing the threatened presidential veto of windfall oil company taxes and desire to drill in ANWR and elsewhere. But all that might sound, in fact, good to most Americans. With the world's largest reserves of coal, after creating the nuclear power industry ex nihilo, and with billions of oil still under our soil and waters, it makes no sense to produce less energy while blaming and taxing those who produce what we have, rather than drilling, digging, and saving, as we find ways to transition to the alternate energies. The problem is not just oil, but importing oil at $120 a barrel that is bankrupting us as much as it is enriching the wrong people.

This would seem to be an explosive campaign issue (if the candidates disagreed), especially if someone could offer a rough estimate of how many billion barrels of oil are in no-go areas, times them by $120 a barrel, and then compute how many trillions in national wealth we leave untouched while we pay our enemies for the commensurate alternative. I could accept the argument that it will take years to get the oil out of Alaska, the coasts, or other federal lands and therefore is not worth it (the classic argument for stasis), if we could be convinced it will not take even a greater amount of time to get solar and wind technology cheap and efficient enough to produce the bulk of our energy needs.
Well here's a start for Victor-- If we are importing 5,000,000,000 barrels of oil each year due to Democratic politics (from the above chart produced back in 2006)-- We are paying the oil producing regimes $600,000,000,000 this year for oil.

But for some reason Democrats think taxing oil companies will fix this problem?
That is a death wish for America.

One caveat here: There are some Republicans who are equally complicit in this situation. They should be held every bit as accountable as the Democrats.

1 comments:

Anonymous said...

Good post Gary!