By The Numbers: Congress And High Gas Prices
Perhaps we are getting the gas prices we deserve … for voting such ass-clowns into office.
Yet, more ammo for the American oil companies, and even the republicans, to use in TV radio ads …
Who’s to Blame for High Gas Prices?
by John Hinderaker - Power Line
For several decades, the Democratic Party has pursued policies designed to drive up the cost of petroleum, and therefore gas at the pump. Remarkably, the Democrats don’t seem to have taken much of a political hit from the current spike in gas prices. Probably that’s because most people don’t realize how different the two parties’ energy policies have been.
Congressman Roy Blunt put together these data to highlight the differences between House Republicans and House Democrats on energy policy:
ANWR Exploration House Republicans: 91% Supported House Democrats: 86% Opposed
Coal-to-Liquid
House Republicans: 97% Supported
House Democrats: 78% Opposed
Oil Shale Exploration
House Republicans: 90% Supported
House Democrats: 86% Opposed
Outer Continental Shelf (OCS) Exploration
House Republicans: 81% Supported
House Democrats: 83% Opposed
Refinery Increased Capacity
House Republicans: 97% Supported
House Democrats: 96% Opposed
SUMMARY
91% of House Republicans have historically voted to increase the production of American-made oil and gas.
86% of House Democrats have historically voted against increasing the production of American-made oil and gas.
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The freaking election is sitting on this issue. But I fear that the ‘old boys club’ will cover each others ass. To have the Republicans come out and savage the donkeys with this would be the right thing to do; but I think the government has become a club of ruling elites who sit in detachment from the reality of us ’serfs’. So, I do not expect the boat to be rocked.
June 6th, 2008 at 2:49 pmThe Repubs have an enormous advantage to exploit here. I was encouraged by Rep. Blunt’s recent press conference where he made this info the spearhead of a new campaign to educate the public of these facts. If they persist LOUDLY it should pay off.
June 6th, 2008 at 3:15 pmSadly, Johnny Mac opposes drilling in ANWR and the Continental Shelf and nobody can tell Johnny anything. He is legendary for his unwillingness to change his mind.
June 6th, 2008 at 3:29 pm[…] By The Numbers: Congress And High Gas Prices by drillanwr […]
June 6th, 2008 at 6:28 pmThat is only half of it.
The billions being made of the commodities market by brokers who work for Exxon and “Big Oil” based purely on speculation of shortages at the time of refining instead of the cost at purchase are what is killing us and driving the price into orbit.
In the last 7 years, of the over 1 Billion barrels of oil that has been traded on the dow only 30000 barrels have ever been delivered.
That market is all about trading paper stamps and turning a proffit on items that has nothing to do with cost to produce, refine or deliver.
I’d say lube up cause its only goint to get worse, but with the price of petrolium today you might wana just grit your teeth through it.
June 6th, 2008 at 7:24 pmWhy would Exxon drive their feedstock cost up? They own very little of what they consume.
June 7th, 2008 at 1:38 amFollow the money.
You pay your price on gas based on its cost when it is refined.
If an oil company purchases and imports its oil at x, but a bomb going off in whereverthefuckistan drives the price up to X+148 a barrel when it is refined then where do you think the proffit goes to? The futures market where it is trading doesnt care about the value just the margine, big oil doesnt care either as they are importing what they suck.
Refineries make there rate based of its value when refined as well, so it doesnt hurt them either.
Is a hell of a racket, and where all of those record proffits come from.
June 7th, 2008 at 4:53 am