Gas Prices - All Bush's Fault!
In April of 2006, President George Bush declared:
"We have a common-sense plan to help bring down skyrocketing gas prices by cracking down on price-gouging; rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies; and increasing production of alternative fuels".
Unleaded was at $2.69 then. It's $3.97 here in my town. I use super unleaded and I paid $4.07 yesterday.
It's all Bush's fault, right? He promised a common-sense plan! He promised tax breaks! Bush! It's always Bush!
Wrong. The above quote was not Bush's. It was Nancy Pelosi, and she is the one who said:
"Democrats have a common-sense plan to help bring down skyrocketing gas prices by cracking down on price-gouging; rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies; and increasing production of alternative fuels."
As of last week, Pelosi still has not unveiled her "common sense plan". But it's STILL Bush's fault!! EVERYTHING is Bush's fault!!!
Labels: Politics
11 Comments:
It's not Bush's fault. It's demand-supply with tons of speculation. As a nation, we should have started investing more towards other sources of energy beacause the high price of gas is putting way too much money in the hands of radical islamic countries!!
We already have huge quantities of oil and gas all over our American continent and off-shore. Lets start drilling and watch the price start coming down. Herm
Herm, your solution is too simple. Congress can't comprehend simple.
Yes, I agree, they can't and won't comprehend any logical solutions. But the people will begin to realize congresses stupidity when the bottom falls out from under our economy, and it will and is. I already see signs that people are demanding we drill and also pursue all and any logical alternatives. At least we can hope. But, if this is part of Gods punishment for turning away from him as a nation, then nothing will stop the demise of our nation. Herm
Sackcloth, Ashes, and genuine mourning and repentance might...
Might.
Drilling is not the solution in long run. Here is the reason - the middle class in countries like China and India are getting wealthier and their consumption is almost matching american consumers. Even if you consider 20-30% of china/India's population, you are talking about twice the population of US!! In other words, there would be so much demand for Oil and Gas, it would be impossible for us to keep the prices low.
So, what we need is a comprehensive energy plan that includes coal, gas in short term and Nuclear/wind/solar in long run.
Moreover, I don't think it's a good idea to burn hydro-carbon fuels in a larhe quantity and put all those millions of tons of Carbon back in our atmosphere! For millions of years, this carbon was trapped under earth in the form of oil/gas/coal.
Yeah it is supply-demand, every since india and china can now afford gas powered cars and now gas itself, but one day the gas will go up in price to much and then china and india people will not be able to afford it then gas prices will stop there. Yeah we do have a lot of oil under us but we cant drill it because it is in national parks and are protected by the Evrionmental Protection Agency
Your logic of china-India not able to afford gas is faulty. Remember, the prices are going up because China/India can 'afford' the gas and they are competing with us. I'm not talking about those living in shacks. I'm talking about their upper middle class and huge industries. I have a fear that...at the end, it would be us losing out and making changes to our life styles. (we are already changing our life style - driving less and conserving more)
Strategic blunders from our policy makers have resulted in this situation. They should have encouraged multi-fuel, hybrid, nuclear power and alternative sources 10-15 years ago. We would have been in a very different situation if we had some non-partisan thinking in DC! :)
we have plenty of oil that's why we purchased alaska but we have too many tree huggers and politicians who want to keep paying for thier million dollar houses and cars etc. etc. etc. but also when God created this planet He knew what we were going to need before He created us. There is plenty oil there politicians and big oil co. just won't drill for it so they can keep packing their pockets full of our money.
The census bureau projects that the world population from 1950 to 2050 will grow to 9 billion people. Population growth is tripling. I would consider this fact alone enough to show that humanity is doomed. The more people there are, the higher the demand for resources. I guess it would make sense for a presidential candidate to say, "Hey, stop having babies!" but then that would be cruel. Everybody likes babies! Hence, the next best solution is for people to stop depending on existent resources and "create" new ones. I think one possible solution lies in magic. We can magically create some alternative energies to power our cars and heat our homes. Additionally, maybe we could even create some magic light bulbs and things that power themselves and don't draw any energy at all. This magic would be free, green and clean, sustainable, renewable and limitless. The only reason it hasnt happened already is because of Bush. I agree with you 100%, it was all Bush's fault!
Thanks for stopping by, Ross. I don't agree with much of what you said, but I appreciate your input.
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