Bush ends executive ban on drilling...

[blinky8225]

Originally posted by: JD50

Originally posted by: OrByte

Originally posted by: Slick5150

Originally posted by: Duwelon
I am so angry at congress right now. These incompentent, lying SOB's in congress, ALL Democrats, need to be voted out of office as soon as possible.

You want something to write about? Write to your favorite democrat congressman in the senate and house of representatives and tell them to get their priorities straight.

washington post

So Bush does X and Y occurs, therefore you conclude that without a doubt X directly caused Y.

There's 24 other letters of the alphabet my friend.. Might want to at least glance at a couple of them before drawing conclusions like that.

typical hack logic by the repubs around here.

yawn.

So why don't you educate us, what exactly made the price of oil drop?

Oil didn't fall because of Bush's lift on drilling, which as repeatedly mentioned does nothing because of Congress's ban. In addition, it would have an effect for years.

Bond prices declined and the dollar strengthened against the euro....It was also ignited by fresh evidence that Americans were reducing their energy use.

A weekly report by the Energy Department showed that commercial oil inventories, which were expected to fall, rose unexpectedly on Wednesday as more oil went into storage than expected instead of being refined and sold.
...
Consumers have sharply reduced their gasoline consumption in the face of record prices. Gasoline demand in the United States, for example, fell 5.2 percent last week, according to a nationwide survey by MasterCard, its 12th consecutive weekly drop.

http://www.nytimes.com/2008/07...l?scp=12&sq=oil&st=cse

It's actually fundamental supply and demand at play. Oil prices are reacting to a bad economy ironically enough. They are falling due to decreased demand because people can't afford it.

 

[Pabster]

Originally posted by: Duwelon
We are addicted to foreign oil.

No, we're addicted heavily to oil. Much of that being foreign, but that's a side-effect of the problem.

 

[miketheidiot]

Originally posted by: Duwelon

Originally posted by: Rainsford
It's political posturing meant to confuse people who don't think too hard about the issue. So I suppose it's working.

There are valid reasons for the congressional ban, which might explain how it's been approved every single year through Democratic and Republican congresses. Bush is calling out Congress because Democrat bashing works disgustingly well when it comes to convincing people like Duwelon to vote Republican.

Political posturing, how can you say that? He took us closer to us drilling for oil, and the markets REACTED in our favor. How can it be only posturing?

I know you want to believe Bush is just trying some stunt, but he brought results and only a fool argues against results.

considering what else happened this we, dropping the executive ban was about as minor and inconsequential as it gets.

 

[miketheidiot]

Originally posted by: nick1985

Originally posted by: Rainsford

Originally posted by: daniel49
well if its any consulation rainsford the dems are seeking to add to the federal gas tax to help ease our pain.
Text

See, this is why I dislike Republicans.

Ah, a good 'ol fasioned 'open-minded' liberal. :roll:

i don't think i've ever seen you add anything to a discussion other than posts like this.

 

[miketheidiot]

Originally posted by: Duwelon

Originally posted by: ChunkiMunki
isn't this the same president who said we are "addicted to oil"
now here's how we'll kick are addiction, "let's drill for more oil"
that's bold leadership.

We are addicted to foreign oil.

oil is oil

who cares if it comes from texas, alaska, canada or mexico?

 

[miketheidiot]

Originally posted by: daniel49

Originally posted by: Rainsford

Originally posted by: daniel49
well if its any consulation rainsford the dems are seeking to add to the federal gas tax to help ease our pain.
Text

See, this is why I dislike Republicans. All you guys can focus on is taxes, taxes and more taxes. Who cares what they pay for or how needed they are, you want more money in your pocket, and damn the consequences!

If you had read the article you linked, you'd see that an increase in gas taxes is necessary to help maintain roads. Since cars aren't much good without roads, that sounds like a pretty good idea for me. And if it convinces a few people to not buy some ridiculous new SUV they don't need, even better.

Yeah you focus on raising them and I focus on keeping uncle sam out of my pocket.
See the Basic premise of the left is you know how to spend my money better then I do.
My premise is by definition govt wether repub or dem is inefficient with money at best and more often then not incompetant. Throwing money down a hole with nothing to show for it.

i think rainsford pegged you pretty well

 

[umbrella39]

Originally posted by: JD50

Originally posted by: umbrella39

Originally posted by: Duwelon
I am so angry at congress right now. These incompentent, lying SOB's in congress, ALL Democrats, need to be voted out of office as soon as possible.

You want something to write about? Write to your favorite democrat congressman in the senate and house of representatives and tell them to get their priorities straight.

washington post

:roll:

:roll:

 

[ScottMac]

Originally posted by: miketheidiot

Originally posted by: Duwelon

Originally posted by: ChunkiMunki
isn't this the same president who said we are "addicted to oil"
now here's how we'll kick are addiction, "let's drill for more oil"
that's bold leadership.

We are addicted to foreign oil.

oil is oil

who cares if it comes from texas, alaska, canada or mexico?

I believe the issue in that regard is "where the money goes; to the US or to potential supporters of people that don't like the US"

Keeping the money onshore is considered a Very Good Thing, IIRC.

 

[Darwin333]

Originally posted by: miketheidiot

Originally posted by: Duwelon

Originally posted by: ChunkiMunki
isn't this the same president who said we are "addicted to oil"
now here's how we'll kick are addiction, "let's drill for more oil"
that's bold leadership.

We are addicted to foreign oil.

oil is oil

who cares if it comes from texas, alaska, canada or mexico?

Lets see. For starters more money stays in the US and is taxed. .Gov gets royalties on the oil and gas the oil companies produce. Oil and gas exploration, development and production create a lot of very good paying jobs. Less oil tankers entering our waters equals less of a chance of a MAJOR environmental disaster.

Drilling for oil isn't dirty and nasty like it was years ago. Most recent issues (relatively minor) in the gulf are due to aging infrastructure and new regulations have been enacted to solve a lot of those problems.

Your beaches are going to be fine. Trust me, the very last thing any oil company wants is a spill that they can not contain and clean before causing damage.

 

[Engineer]

Oil prices plummiting wouldn't have anything to do with oil supplies coming in at 6 million barrels more than expected and gasoline coming in at 2.5 million more barrels than expected, would it? Oil fell because fundamentally, there was enough evidence that scared the crap out of the traders into believing that the price is currently too high. Bush did nothing for oil prices. Without Congressional removal of the offshore drilling ban and possibly, the effected states agreeing to it, the posturing did nothing. It was a buildup (unexpected at that) of supplies caused by high prices (i.e. people said fuck that and stopped buying some of the shit) that resulted in the drop in price. It had already started falling until Iran fired a few missles to get it going back up again, and then boom....fell again.

If anything, the talk of opening an embasy and talking to Iran had more to do with the drop than the lifting of the executive ban on oil drilling did.

 

[Engineer]

Originally posted by: daniel49

Originally posted by: Rainsford

Originally posted by: daniel49
well if its any consulation rainsford the dems are seeking to add to the federal gas tax to help ease our pain.
Text

See, this is why I dislike Republicans. All you guys can focus on is taxes, taxes and more taxes. Who cares what they pay for or how needed they are, you want more money in your pocket, and damn the consequences!

If you had read the article you linked, you'd see that an increase in gas taxes is necessary to help maintain roads. Since cars aren't much good without roads, that sounds like a pretty good idea for me. And if it convinces a few people to not buy some ridiculous new SUV they don't need, even better.

Yeah you focus on raising them and I focus on keeping uncle sam out of my pocket.
See the Basic premise of the left is you know how to spend my money better then I do.
My premise is by definition govt wether repub or dem is inefficient with money at best and more often then not incompetant. Throwing money down a hole with nothing to show for it.

So what you're saying is that we need to privatize the highway system...i.e. if you want the road paved in front of your home, you write a check for it yourself?

 

[JD50]

Originally posted by: umbrella39

Originally posted by: JD50

Originally posted by: umbrella39

Originally posted by: Duwelon
I am so angry at congress right now. These incompentent, lying SOB's in congress, ALL Democrats, need to be voted out of office as soon as possible.

You want something to write about? Write to your favorite democrat congressman in the senate and house of representatives and tell them to get their priorities straight.

washington post

:roll:

:roll:

 

[JD50]

Originally posted by: blinky8225

Originally posted by: JD50

Originally posted by: OrByte

Originally posted by: Slick5150

Originally posted by: Duwelon
I am so angry at congress right now. These incompentent, lying SOB's in congress, ALL Democrats, need to be voted out of office as soon as possible.

You want something to write about? Write to your favorite democrat congressman in the senate and house of representatives and tell them to get their priorities straight.

washington post

So Bush does X and Y occurs, therefore you conclude that without a doubt X directly caused Y.

There's 24 other letters of the alphabet my friend.. Might want to at least glance at a couple of them before drawing conclusions like that.

typical hack logic by the repubs around here.

yawn.

So why don't you educate us, what exactly made the price of oil drop?

Oil didn't fall because of Bush's lift on drilling, which as repeatedly mentioned does nothing because of Congress's ban. In addition, it would have an effect for years.

Bond prices declined and the dollar strengthened against the euro....It was also ignited by fresh evidence that Americans were reducing their energy use.

A weekly report by the Energy Department showed that commercial oil inventories, which were expected to fall, rose unexpectedly on Wednesday as more oil went into storage than expected instead of being refined and sold.
...
Consumers have sharply reduced their gasoline consumption in the face of record prices. Gasoline demand in the United States, for example, fell 5.2 percent last week, according to a nationwide survey by MasterCard, its 12th consecutive weekly drop.

http://www.nytimes.com/2008/07...l?scp=12&sq=oil&st=cse

It's actually fundamental supply and demand at play. Oil prices are reacting to a bad economy ironically enough. They are falling due to decreased demand because people can't afford it.

I'm not disagreeing with you that Congress won't lift the ban, or that it wouldn't have an effect for years. That doesn't mean that it didn't have an effect. Rising tensions with Iran didn't actualy decrease supply, or do anything tangible, but it did make the price of oil go up. IMO, the same thing COULD have happened here.

 

[neodyn55]

Originally posted by: Duwelon
I am so angry at congress right now. These incompentent, lying SOB's in congress, ALL Democrats, need to be voted out of office as soon as possible.

You want something to write about? Write to your favorite democrat congressman in the senate and house of representatives and tell them to get their priorities straight.

washington post

Instead, lets just get rid of Bush. Problem solved.

That also has the added benefit of pissing off people like the OP.

 

[Engineer]

Originally posted by: neodyn55


Instead, lets just get rid of Bush. Problem solved.

Funny, the President of OPEC (from Saudi Arabia) said that oil would drop after Bush is gone. Problem solved! :laugh:

 

[nageov3t]

Originally posted by: JD50

Originally posted by: umbrella39

Originally posted by: JD50

Originally posted by: umbrella39

Originally posted by: Duwelon
I am so angry at congress right now. These incompentent, lying SOB's in congress, ALL Democrats, need to be voted out of office as soon as possible.

You want something to write about? Write to your favorite democrat congressman in the senate and house of representatives and tell them to get their priorities straight.

washington post

:roll:

:roll:

:moon:

 

[lightstar]

Originally posted by: Engineer
Oil prices plummiting wouldn't have anything to do with oil supplies coming in at 6 million barrels more than expected and gasoline coming in at 2.5 million more barrels than expected, would it? Oil fell because fundamentally, there was enough evidence that scared the crap out of the traders into believing that the price is currently too high. Bush did nothing for oil prices. Without Congressional removal of the offshore drilling ban and possibly, the effected states agreeing to it, the posturing did nothing. It was a buildup (unexpected at that) of supplies caused by high prices (i.e. people said fuck that and stopped buying some of the shit) that resulted in the drop in price. It had already started falling until Iran fired a few missles to get it going back up again, and then boom....fell again.

If anything, the talk of opening an embasy and talking to Iran had more to do with the drop than the lifting of the executive ban on oil drilling did.

:thumbsup:

 

[Rainsford]

Originally posted by: daniel49

Originally posted by: Rainsford

Originally posted by: daniel49
well if its any consulation rainsford the dems are seeking to add to the federal gas tax to help ease our pain.
Text

See, this is why I dislike Republicans. All you guys can focus on is taxes, taxes and more taxes. Who cares what they pay for or how needed they are, you want more money in your pocket, and damn the consequences!

If you had read the article you linked, you'd see that an increase in gas taxes is necessary to help maintain roads. Since cars aren't much good without roads, that sounds like a pretty good idea for me. And if it convinces a few people to not buy some ridiculous new SUV they don't need, even better.

Yeah you focus on raising them and I focus on keeping uncle sam out of my pocket.
See the Basic premise of the left is you know how to spend my money better then I do.
My premise is by definition govt wether repub or dem is inefficient with money at best and more often then not incompetant. Throwing money down a hole with nothing to show for it.

I can't speak for "the left", but it's not an absolute thing either way. Yes, there are things the government is going to spend money on "better" than you would. For example, we need to drive on roads, but if gas taxes are lowered, you aren't going to spend your money on roads. "Efficiency" is a null argument, because there are many things the government does that simply wouldn't get done otherwise.

THAT is the central premise of my liberal worldview, the government is good at doing certain things because they are the ONLY ones doing those things. Anti-government arguments frequently point out that government efficiency could be improved, and while that may be true, you're assuming an ideal situation in which non-tax dollars go to the same thing tax dollars would otherwise go to. Since that is hardly ever true, government would seem to have a clear role.

 

[Duwelon]

Originally posted by: neodyn55

Originally posted by: Duwelon
I am so angry at congress right now. These incompentent, lying SOB's in congress, ALL Democrats, need to be voted out of office as soon as possible.

You want something to write about? Write to your favorite democrat congressman in the senate and house of representatives and tell them to get their priorities straight.

washington post

Instead, lets just get rid of Bush. Problem solved.

That also has the added benefit of pissing off people like the OP.

Yeah that would solve the oil problems. Typical dumbocrat strat, deflect without solving anything.

 

[fskimospy]

Originally posted by: Duwelon

Yeah that would solve the oil problems. Typical dumbocrat strat, deflect without solving anything.

This thread is ridiculous. You honestly think that Bush lifting a meaningless executive order suddenly caused one of the single largest plunges in oil price in history? Do you think that the markets were suddenly SHOCKED into action by the idea that a Texas oilman president wants to drill for more oil? Really?

I know politics is like sports to some people and you want to cheer for your team and all... but you should at least attempt to have some sort of rational perspective on yourself and how you view the news.

 

[UberNeuman]

Originally posted by: eskimospy

Originally posted by: Duwelon

Yeah that would solve the oil problems. Typical dumbocrat strat, deflect without solving anything.

This thread is ridiculous. You honestly think that Bush lifting a meaningless executive order suddenly caused one of the single largest plunges in oil price in history? Do you think that the markets were suddenly SHOCKED into action by the idea that a Texas oilman president wants to drill for more oil? Really?

I know politics is like sports to some people and you want to cheer for your team and all... but you should at least attempt to have some sort of rational perspective on yourself and how you view the news.

Hey, when you were 10 years old and debated who was the best superhero - didn't you get passionate about it?

Bush is Duwelon's Spiderman.........

 

[fskimospy]

Originally posted by: UberNeuman

Originally posted by: eskimospy

This thread is ridiculous. You honestly think that Bush lifting a meaningless executive order suddenly caused one of the single largest plunges in oil price in history? Do you think that the markets were suddenly SHOCKED into action by the idea that a Texas oilman president wants to drill for more oil? Really?

I know politics is like sports to some people and you want to cheer for your team and all... but you should at least attempt to have some sort of rational perspective on yourself and how you view the news.

Hey, when you were 10 years old and debated who was the best superhero - didn't you get passionate about it?

Bush is Duwelon's Spiderman.........

Dude, Spiderman is cool and all but there's no way he's the best superhero. Superman's eyes shoot lasers. Spiderman would be fried before he could get off one witty remark.

 

[UberNeuman]

Originally posted by: eskimospy

Originally posted by: UberNeuman

Originally posted by: eskimospy

This thread is ridiculous. You honestly think that Bush lifting a meaningless executive order suddenly caused one of the single largest plunges in oil price in history? Do you think that the markets were suddenly SHOCKED into action by the idea that a Texas oilman president wants to drill for more oil? Really?

I know politics is like sports to some people and you want to cheer for your team and all... but you should at least attempt to have some sort of rational perspective on yourself and how you view the news.

Hey, when you were 10 years old and debated who was the best superhero - didn't you get passionate about it?

Bush is Duwelon's Spiderman.........

Dude, Spiderman is cool and all but there's no way he's the best superhero. Superman's eyes shoot lasers. Spiderman would be fried before he could get off one witty remark.

 

[Duwelon]

Originally posted by: eskimospy

Originally posted by: Duwelon

Yeah that would solve the oil problems. Typical dumbocrat strat, deflect without solving anything.

This thread is ridiculous. You honestly think that Bush lifting a meaningless executive order suddenly caused one of the single largest plunges in oil price in history? Do you think that the markets were suddenly SHOCKED into action by the idea that a Texas oilman president wants to drill for more oil? Really?

I know politics is like sports to some people and you want to cheer for your team and all... but you should at least attempt to have some sort of rational perspective on yourself and how you view the news.

THat's BS. What do you know about rational? Democrats are so intellectually defunct or dishonest they can't see or admit that supply and demand has an effect on the price of oil.

 

[UberNeuman]

Originally posted by: Duwelon

Originally posted by: eskimospy

Originally posted by: Duwelon

Yeah that would solve the oil problems. Typical dumbocrat strat, deflect without solving anything.

This thread is ridiculous. You honestly think that Bush lifting a meaningless executive order suddenly caused one of the single largest plunges in oil price in history? Do you think that the markets were suddenly SHOCKED into action by the idea that a Texas oilman president wants to drill for more oil? Really?

I know politics is like sports to some people and you want to cheer for your team and all... but you should at least attempt to have some sort of rational perspective on yourself and how you view the news.

THat's BS. What do you know about rational? Democrats are so intellectually defunct or dishonest they can't see or admit that supply and demand has an effect on the price of oil.

Maybe Duwelon is a Bush Hulk fan - BUSH SMASH!!!!!!!!!!

hhaahha- ah.... HAHAHAHAHA!!!!!!!!!!!!!!