Dems put oil just out of our reach

  • Follow Letters

Our economy is slowing, primarily because of the high price of oil, which does indeed follow the natural laws of supply and demand.

This price is set by oil-futures traders at the stock market, not the oil companies, and certainly not President Bush. After the costs of refining and marketing, the largest costs placed on gasoline are taxes. These taxes, already large, are about to grow considerably, thanks to the Democratic Congress, and will certainly be passed on to the consumer, just as they are now. The House-passed energy bill is estimated by the Congressional Budget Office to raise energy costs on the average family by $3,000 annually.

Congressional Democrats and the environmentalists are absolutely responsible for all this. We have not built a new refinery in this country since 1978 because of them! Yet, the Democrats hold hearings on the oil companies to hide their own culpability!

In Alaska, in a small corner of what is known as the Arctic National Wildlife Reserve, we have a proven supply, at minimum, of 11.5 billion barrels of crude oil. More than 7.7 billions of those barrels are recoverable at a cost of approximately $24 per barrel, and the remainder are recoverable at some higher price. There also are trillions of cubic feet of natural gas in these deposits. Yet, congressional Democrats have placed this supply totally off-limits.

On the outer Continental Shelf off our Florida coast also are large oil deposits that we have been denied access to! Yet the Chinese have obtained permission from Cuba to extract this oil, tapping reserves that should be America's!

These are proven reserves, verified by U.S. Geological Survey, and not a figment of anyone's imagination. It's there -- we just can't touch it because the environmentalists and congressional Democrats say "No!"

Robert Smock, Hephzibah

Comments (48) Add comment
ADVISORY: Users are solely responsible for opinions they post here and for following agreed-upon rules of civility. Posts and comments do not reflect the views of this site. Posts and comments are automatically checked for inappropriate language, but readers might find some comments offensive or inaccurate. If you believe a comment violates our rules, click the "Flag as offensive" link below the comment.
christian134
1
Points
christian134 04/16/08 - 06:53 am
0
0
Sadly Robert Smock there is

Sadly Robert Smock there is absolutely nothing we can do about the oil and gas quagmire except maybe to vote the democrats out but you and I know that will not happen anytime soon. Democrats have a comfortable world in which they control and will not easily give it up as it has given them power and fulfills their greed. They keep the voters loyal to them by giving them scraps to keep these people happy....Kinda like throw the masses a bone every once in awhile put a little meat on it sometimes and these people will stay in line and be happy little brainwashed individuals......

shivas
2
Points
shivas 04/16/08 - 06:57 am
0
0
See Christian 134, that is

See Christian 134, that is the difference between far-right failures and us liberals. As your statement says, "there is nothing we can do..." I think we've all witnessed this in action for 8 years now, and are ready to get back to a party that has a can do attitude.

patriciathomas
42
Points
patriciathomas 04/16/08 - 06:59 am
0
0
Not only does the left stop

Not only does the left stop America from expanding their oil supply, but the two current presidential candidates for the left have promised to substantially increase taxes on fuel. Vote Democrat!

Republicant
3
Points
Republicant 04/16/08 - 07:26 am
0
0
Robert SmUck is very astute

Robert SmUck is very astute in pointing out the problem, yet the blame lies not squarely on democrats. Congress was Decidedly Republican for the first 6 years of the Bush presidency, and did they accomplish anything positive of note? PT, I agree that it doesnt make sense to increase taxes on fuel, and at the same time giving the oil companies tax breaks. They just want to pass the money for those tax breaks on to the citizen. Just another example that shows me that no politician is looking out for our interests. It really is disheartening.

patriciathomas
42
Points
patriciathomas 04/16/08 - 07:32 am
0
0
The Democrats controlled the

The Democrats controlled the senate the first two years of the Bush presidency and when the Republicans won control, it wasn't by enough of a margin to change our oil policy. Removing the "tax breaks" for the oil companies would be exactly the same as raising taxes on fuel. Any increase in operating costs amounts to the same thing as a tax increase.

DeborahElliott2
4
Points
DeborahElliott2 04/16/08 - 07:34 am
0
0
And I suppose Bush stepped up

And I suppose Bush stepped up to the plate and is currently doing something about this as well?? If that is the case, Hold your breath till I call you on the phone. If you think Bush has a "can do" attitude, then maybe you should ask him in a letter like that 8 yr old girl. She was told "I'll see what I can do" but as we all know, Bush is not even TRYING!

SoonerorLater
0
Points
SoonerorLater 04/16/08 - 07:43 am
0
0
So Shivas, what will the

So Shivas, what will the Democrats do about high oil prices with their "can do" attitude? Please give us something with substance, thus far neither of your two candidates have been able to do so. They talk about all the great programs they have in store, but have yet defined how to fund those programs. Hillary started out with $5,000 per child for college, but that is not spoken about anymore. Basically saying whatever is popular at the moment but has no staying power.

The Kingfish
0
Points
The Kingfish 04/16/08 - 08:05 am
0
0
If your are paying taxes you

If your are paying taxes you are going to fund these giveaway programs. I know i helped yesterday.

christian134
1
Points
christian134 04/16/08 - 08:14 am
0
0
Shivas all this "can do

Shivas all this "can do attitude" will do is finish the job these democrats started years ago. Bush has been less than pleasing here lately but this country is not run on the say of one man. If we could come up with a working senate and congress then maybe some progress will be made.....By progress I mean let the republicans take control....Although this nation has fallen so far it will be years, decades before progress will occur. Now if the Democrats acquire total control...well all I can say is "hunker down"... we have a storm of tremendous violence and damage potential like we have not seen in this country since the days of the civil war.....God help us all......

Little Lamb
46405
Points
Little Lamb 04/16/08 - 08:16 am
0
0
McCain did toss down an

McCain did toss down an interesting gauntlet yesterday when he suggested dropping the fuel taxes this summer. I didn't hear whether he was going to introduce such legislation immediately (in his job as senator), but it would be interesting to see the posturing if such a bill were introduced. The Democrats are in charge of the senate and would never let it come up for a vote.

soldout
1280
Points
soldout 04/16/08 - 08:40 am
0
0
Raise the fuel price high

Raise the fuel price high enough and then you get a deep recession. Then all prices drop like a rock as you get deflation. Since interest rates will already be so low dropping them lower won't help and low fuel prices won't help spur an economey full of debt. Ton's of debt will have to be wiped out and then by 2015-2020 we can have a solid up-turn. The business cyle can't be stopped from working. Best move; get out of debt and hang on for the ride. Look at Japan to see the pattern we seem to be following.

iknewyourmother
0
Points
iknewyourmother 04/16/08 - 08:48 am
0
0
Blaming democrats for our

Blaming democrats for our government's failure to create a comprehensive energy strategy is foolhardy. One can only wonder what was discussed, or resolved, at the meetings between VP Cheney and the energy companies during the early days of W's first administration. Clearly, they did not comprehend the global demand for oil brought on by the loss of Iraq's production and increased thirst from nations like India and China. Oil is only part of a what should be viewed as a multifaceted issue.

Daddyrabbit
0
Points
Daddyrabbit 04/16/08 - 08:53 am
0
0
Yep, let them increase the

Yep, let them increase the fuel tax by fifty cents a gallon!!! Won't hurt will it? Problem is (I'm not completeley sure of the figure), but the Federal tax is already supposed to be 70 cents a gallon!! I know it's old, but fuel didn't even used to cost that much!!! What do they do with the money? Figure 1/4 million trucks alone (conservative figure) at 4-6 miles per gallon. How many gallons do they use daily? Then there are many more cars although they get better mileage. That's already a lot of money. Isn't this just another way to raise taxes through a sure backdoor? Raising prices is just lipservice from obnoxious individual who have other agendas to decrease fuel usage. We all know that just cuts into the already low funds of most people and if anything some of them have to get other employment which makes them use more fuel. But for the congress (especially the deomcrats our pupose is to work for gas taxes to pay while making money to go to work to make money to pay taxes...simple.--excuse spelling errors, too much spelling today.

justus4
103
Points
justus4 04/16/08 - 08:56 am
0
0
Pres. Bush was selected by
Unpublished

Pres. Bush was selected by U.S. Supreme Court in 2000. A Republican, who was not capable of being president. Eight yrs later, Republicans attribute the worst economy, worst favorability in world community, worst political in-fighting, worst gas prices, worst view of future generations, to Democrats. How can a sane person go on? Ha! This guy in office has a history of losing efforts, from Nat'l Guard service to the Mgr of Texas Rangers, he failed or performed poorly. What did U people expect? Now, to excuse his performance, this article writer wants to blame the other party. Again, Ha! Leadership is getting others, who may disagree w/ you politically, to do things your way, which will benefit the entire country. Mr. Bush has been a complete failure as CINC and deserve 3/4 of the blame. Oh, and gas/oil will continue to rise and George will back at the ranch, while U pay through the teeth. What a country!

SoonerorLater
0
Points
SoonerorLater 04/16/08 - 09:01 am
0
0
What escapes many people is

What escapes many people is that it is not so much the price of the gas that is the important issue, but the price of gas PER MILE that you spend. Simply put, at $3.27 a gallon, a car getting 30MPG costs about 10.9 cents per mile. An SUV or less fuel efficient car getting 17 MPG costs 19.2 cents per mile for the gas. On an annual basis, this amounts to a difference of $996, or $83 a month ($2304 vs. $1308). Consumers need to use gas more efficiently, thus driving cars that are more efficient. Given the cost savings, does it really make sense to drive an SUV or truck versus a small car for your every day commute and shopping errands.

dani
12
Points
dani 04/16/08 - 09:05 am
0
0
Why has the cost of living

Why has the cost of living gone up so much faster since 2006? The Dem's said " vote for change", the voters did, and they gave us change. Prices went straight through the roof.
I like the fact that McCain is taking the economic situation very seriously. He at least offers us some light.

dani
12
Points
dani 04/16/08 - 09:11 am
0
0
Little lanb...My

Little lanb...My understanding is that McCain has already submitted the bill to Congress. All three of these candidates should be in Washinton doing the job that are being paid an enormous salary to do. If they care, they will set things in motion, not keep saying what they WILL do if elected. That is months away. The help is needed now.......

GnipGnop
12321
Points
GnipGnop 04/16/08 - 09:20 am
0
0
Does anyone really believe

Does anyone really believe that any politician, regardless of their party, is gonna make anything better? The only thing that will get better is theirs and their cronies bank accounts. It's time for the middle class (who pays the majority of the taxes) to have some say in what goes on. The rich get the tax breaks and the poor gets the social programs. What does the middle class get? The bill for both!!!

johnrdupree
1
Points
johnrdupree 04/16/08 - 09:40 am
0
0
Oil supply and demand have

Oil supply and demand have not changed significantly in the last 12 months and yet the price of crude oil has increased about 70% from its early 2007 prices (~$65 to ~$110 per barrel). How does the law of supply and demand explain this? It doesn't, but speculative investing does. Institutional investors, whose job is to show good returns, are moving money out of an under performing stock market and into something that has good returns, at least for a while. Right now commodities appear to be the favorite. Increasing supply won't affect the price in the short run, and these prices (probably) won't last forever. Once the stock market starts showing good returns, the money will go back in there and out of commodities. RJH has the best advice, adjust your budget and your lifestyle and wait for oil bubble to burst. (You do have a budget, right? And you're not living beyond your means, right? And you're not blowing a wad of your income on credit card interest when it could be helping adjust to higher energy prices, right?)

cparker
83
Points
cparker 04/16/08 - 09:43 am
0
0
Gas consistently remained

Gas consistently remained near $3/gallon prior to Democrats taking control of the House & Senate last year. Three years ago when Democrats planned hearings because Exxon made $10 billion two quarters back to back, it was the Conservatives yelling supply & demand. Just last week Democrats initiated new changes to fund the war in Iraq because their oil revenues had a $700 million surplus from last year alone. GWB stated at the beginning of the war we would fund the efforts with their oil revenues and we never did. Conservatives totally miss the point because they are incapable leaders. Its interesting that Cheney's company has more contractors in Iraq than soldiers? More Conservatives have been convicted of bribes during this administration more than any in history, but the Democrats are the problem? We pay more now for fuel than we did during the country's worst natural disaster, but the Democrats are the problem? We helped install a dictator in Iran in the 60's & 70's, so they hate us. We backed Saddam during the Contra Affairs, they hate us. We back Isreal over land the Palestines have always owned, they hate us. It was better with Saddam in charge of Iraq and fuel for 79 cents.

S.C. Dawg
0
Points
S.C. Dawg 04/16/08 - 09:52 am
0
0
Dems have a "can do"

Dems have a "can do" attitude? What a joke. More like" wont do". Why should they do? All they "can do" is hold out their hands.

DuhJudge
206
Points
DuhJudge 04/16/08 - 10:36 am
0
0
RJH, been saying it for

RJH, been saying it for years. Gas should be bought with the mindset and knowledge of what a mile of travel costs. If the gallon is $3.299 and the tank is 17 gallons and you get 300 miles per tank, the cost per mile is 18.7 cents. Compare that to the depreciation on your car. Say you buy a $30,000 car and it loses 25% of its value every year for 5 years until you sell it. After year 1 it is worth $22500, year 2 it is worth $16875, year 3 it is worth $12656, year 4 it is worth $9492, and year 5 it is worth $7119. If your car is used for 16000 miles of travel in a year, the very first year the depreciation costs 47 cents per mile. This cost does not beat the cost of gas per mile until you have driven it for 5 years. You can make the same mileage cost comparison with maintenance, insurance, etc. Owning a car is a lot more expensive than fueling it. Dam Democrats.

treerock
0
Points
treerock 04/16/08 - 10:43 am
0
0
ride a bike! i spend less

ride a bike! i spend less than $50.00 a month for gasoline. but i suppose that is just a liberal solution and not for all, especially sedentary-americans.

SoonerorLater
0
Points
SoonerorLater 04/16/08 - 11:17 am
0
0
Yes Duh (that was funny

Yes Duh (that was funny typing it), that is why on sites like Edmunds you have a total cost of ownership for scenarios exactly as you state. However, since the topic was about gas, I stuck to those figures since they seemed relevant to the conversation. I used a conservative 12,000 miles per year, the costs differ as the miles increase. I own a Toyota Prius and get 45 miles per gallon, so the cost for that is about 8.9 cents per mile (actually the wife drives it).

shivas
2
Points
shivas 04/16/08 - 11:18 am
0
0
justus4, you are exactly on

justus4, you are exactly on target. When the only record you have have is one of failure, then the only option you have is to point fingers and blame.

imdstuf
10
Points
imdstuf 04/16/08 - 12:08 pm
0
0
But, but these under 5 ft

But, but these under 5 ft tall single women who yap on their cell phones while driving NEED a Ford Excursion RJH. Its a necessity lol!

PLAYLIKETHUNDER4
0
Points
PLAYLIKETHUNDER4 04/16/08 - 12:44 pm
0
0
shivas and justus...obama's

shivas and justus...obama's website lists his energy "plan"...(5) of his "solutions" call for spending, billions, not millions to solve a problem already costing billions....can i propose a serious question that i would really like a response to.
people like paul cook lowell greenbaum,you, and others who write the paper fawn and swoon all over clinton obama,ted" chappaquiddick kennedy", etc.and the demo party at large , please tell us why clinton, in all his glory didn't begin programs to start solving the energy issue while he was king?
talk about a do nothing administration!!

cparker
83
Points
cparker 04/16/08 - 01:17 pm
0
0
playlikethunder2, its because

playlikethunder2, its because under his administration gas was less than a dollar a gallon, he did not start a war with our fuel providers, and Clinton did not have an interest in energy companies. GWB is a drunk that people like you helped become President. He threatened to veto any measure to tax energy companies profits and that their $10 billion gains in two consecutive quarters were merely supply & demand. GWB even tried to sell our port security to them without congressional approval 18 months ago. We have more contractors in Iraq than soldiers. OPEC refuses to increase oil production to us while even Iraq enjoys $700 million in oil revenues for 2007. That sounds like a great deal from GWB to me....The US defends us out of their pockets and the Iraqi's keep $700 million in oil revenues? The only threat Saddam posed to the US is that he controlled oil revenues that allowed him to bribe our US energy companies and the United Nations. And now we have an unintelligent President and Conservative party that pledge alligence to one another and not the true interest of the country. McCain will be more of the same. It is time for Conservatives to be run off!

PLAYLIKETHUNDER4
0
Points
PLAYLIKETHUNDER4 04/16/08 - 02:11 pm
0
0
clinton should have had an

clinton should have had an interest in oil companies because only a brain-dead womanizing high school mentality would not realize that the time for action was then ,you know, ahead of the game...the energy problem didn't just pop up.
gwb is a drunk? where'd that worthless comment come from?
what good would taxing oil companies do....more money for demos to give away to dole out programs? you sure as hell woulnd't solve any energy crisis with it.who cares if they increase oil production, we need to get away from oil dependence as much as possible.
look up sometime where most of our oil really comes from...you'll get a surprise.
i may have helped elect gwb, and i will help elect a great american and war hero,john mc cain, but i won't be on my knees paying homage to clinton and the demos in a way only monica can relate to, you can bet that.

shivas
2
Points
shivas 04/16/08 - 03:06 pm
0
0
PLT2 is the perfect example

PLT2 is the perfect example of finger pointing. The country prospered i the Clinton Administration, and has completely floundered under 8 years of Bush. Yet, he can only blame Clinton for the mess. That's not gonna get ya'll a lot of credibility come November.

Back to Top

Search Augusta jobs