Pelosi Allows Dissent Where Needed on Oil - It's All Part of the Game

[Chuckiechan]

Pelosi: At-risk Dems back drilling - Martin Kady II and Patrick O'Connor - Politico.com

Democratic House aides say the energy agenda has been carefully gamed out in strategy sessions, and Pelosi always intended to take heat on gas prices while tacitly encouraging more vulnerable Democrats to publicly disagree with her and show their independence.

“There is no crisis on our side of the aisle,” a top House Democratic leadership aide said. “We have a plan, and we will stick to it.”

It's too bad we don't have a real press anymore.

[MTAtech]

Elections have consequences.

It's too bad voters don't understand the issue. John McCain’s decision to embrace offshore drilling as the answer to high gas prices is junk economics. McCain’s gambit seems nonetheless to be working: public support for ending restrictions on drilling has risen sharply, with roughly half of voters saying that increased offshore drilling would reduce gas prices within a year, which just isn't factually correct.

[jokostel]

Originally Posted by MTAtech

Elections have consequences.

It's too bad voters don't understand the issue. John McCain’s decision to embrace offshore drilling as the answer to high gas prices is junk economics. McCain’s gambit seems nonetheless to be working: public support for ending restrictions on drilling has risen sharply, with roughly half of voters saying that increased offshore drilling would reduce gas prices within a year, which just isn't factually correct.

They do understand the issue.

Most people are sick and fucking tired of it.
They want it fixed NOW... hell, the day before yesterday.
They are tired of politicians.PERIOD.
ACTION is the key. Doing something is far better than throwing an extra tax on someone who is simply providing a product....

Thank the speculators for the exponential cost.... the shit is realistically worth 100$ less a barrel that what it currently is.

But no... another TAX is going to solve everything, right?
Thats how you people think... talk about messed up.

What do you think is going to happen if your messiah's windfall tax comes into play?
Prices will skyrocket.
The citizen will pay MORE at the pump, and the govt will get more tax dollars.



Just another way of tearing the middle class out of society. Good job. Your party helped create a communist fucking regime in the United States of America.
Thank you for destroying my country.

[MTAtech]

jo,
I understand your frustration but it's important not to respond with wild policy. I've read reports by economists that say that speculation is NOT the cause of high commodity prices. The example is tin that isn't traded in the futures markets but has also risen dramatically in price. There is no what to speculate with tin.

I've posted some articles from the WSJ that confirm this.

We've missed the opportunity over three decades and here we are. Unfortunately, we may have to suffer before we get some REAL solutions in place. There isn't a magic answer that will give us instant gratification. Unfortunately, McCain is trying to fooled us with fake instant gratification solutions that won't work.

[Chuckiechan]

It's too bad voters don't understand the issue. John McCain’s decision to embrace offshore drilling as the answer to high gas prices is junk economics.

Anyone who has ever been responsible for turning a profit knows this statement is "junk".

If you and your "economists" are assuming zero growth of the USA, China, India and the other emerging economies, maybe this is true. Obama may restrict the USA to zero growth, but he can only damage the world economies, not kill them. They will go on without us as we run out of fuel to drive the engine of capitalism.

How many windmills does it take to run a steel mill?

[MTAtech]

A steel mill, who knows? I do know that T. Boone Pickens is building a windfarm the size of two nuclear power plants that can power a million homes -- and doing it with his own money.

It's stagnant thinking to think that oil is the only way to fuel the economy because that's the way we've done it over the last several decades. It the way I've read that they used to feel about horses a hundred years ago.

[jokostel]

1 problem with "free" sources like wind,solar and water energy.... you need a backup power source... coal or nuclear.

[Atomic Rooster]

Originally Posted by MTAtech

Elections have consequences.

It's too bad voters don't understand the issue. Barack Obama's decision to embrace offshore drilling as the answer to high gas prices is junk economics. Obama’s gambit seems nonetheless to be working: public support for ending restrictions on drilling has risen sharply, with roughly half of voters saying that increased offshore drilling would reduce gas prices within a year, which just isn't factually correct.

There. Fixed it. Seems it's a bad thing when John McCain says it, but when Obama agrees, he gets a pass.

[jokostel]

The platinum Race Card. Don't leave for the campaign trail without it!

[MTAtech]

Originally Posted by Atomic Rooster

There. Fixed it. Seems it's a bad thing when John McCain says it, but when Obama agrees, he gets a pass.

I think it's bad form to change one's quote to say something different than the original meaning. It's not a quote then.

The other problem is that Obama didn't embrace offshore drilling.