
It was predictable that the oil men in the White House, one’s Bush and Cheney, would try something irrational to fill their coffers before leaving office. So to go along with all the rest of their blunders President Bush announced that off shore oil drilling and drilling in Alaska should be opened to Big Oil to go along with the millions of acres they already have to drill on and haven’t and all this should be passed in Congress before July Fourth and if it isn’t the Democrats will be responsible for the price of gas at the pumps. It has long been known that Mr. Bush thinks the American people are really dumb and will believe anything that comes out of his mouth, but to throw out the absurdity that off shore drilling and drilling in pristine Alaskan tundra is going to bring gas prices down is absurd. First and foremost, if it did happen we probably wouldn’t get a drop of this oil for ten years. Although the price of gas and oil are outrageous, it is more about speculation than supply, note the recently held oil summit in Saudi Arabia, where the Saudis agreed to raise production of oil by 200,000 barrels, two days later the price of a barrel was higher. Actually, the high price of gas has been a good thing, it has spurred the American people to conserve more, drive less and just get more creative about using alternative forms of energy. If Mr. Bush would sign off on The Renewable Energy and Job Creations Act that would give tax credits for wind, solar, geothermal and other renewals it would even create more reasons to cut our use of oil, but he won’t. So his answer for weaning America off oil is to drill for more oil. He calls for more American oil production, but production is a misnomer, no one produces oil, something that is produced is made, oil is discovered and then drilled. There is a limited amount of oil in the earth, approximately 2 trillion barrels left, according to Don Paul, Chevron’s Chief Technology Officer, and once we have used it there is no more. That’s a couple of generations down the road but it is real and will happen. A world with no oil for our great-great grandchildren is a possibility. Mr. Bush demands Congress to end the moratorium on drilling off shore and then he will end the presidential moratorium that his father created when he was president. The reality is he is playing politics with oil and it is so transparent the whole world can see. And of course Bush’s surrogate,John McCain endorses the idea. Republicans have always been for letting the market work things out, why don’t they let it with oil? High oil prices are creating great changes in Americas use of oil that will make America stronger in the future. The smoke screen of drilling more oil is all about making Big Oil more money and lining the pockets of insiders while average Americans get drilled….
Out Of Gas...
Made Popular Jun 25 2008
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