Obama Says He’d Bankrupt Coal Industry
Don’t take my word for it… take his:
18 comments November 2nd, 2008
Posts filed under 'Energy Issues'
OPEC Starts to Panic
As oil prices continue to collapse:
Almost half the members of the Opec oil cartel are considering an emergency meeting in Vienna next month as oil prices dropped to their lowest level in nearly a year.
Almost half the members of cartel have in the past few days called on the group to act to halt the slide before their next official meeting scheduled to take place in Algeria in late December…
…Their calls came as oil consuming nations moved to bolster their economies in a co-ordinated interest rate cut.
Oil prices on Wednesday resumed their slide towards $85 a barrel, a level last reached in December last year.
Nymex November West Texas Intermediate fell $3.06 to $87 a barrel, while ICE November Brent slid $2.96 to $81.
Too late, OPEC - just like the greedy fools in DC and Wall Street, you went too far imagining that the free ride would last forever…as if the laws of economics had been repealed. Just as no one should ever have allowed those sub-prime loans to be written (and we’re looking at you, Obama, Biden, Dodd and Frank!) so, too, should no one in the oil producing States have allowed oil to ever get above $60 a barrel. Those in charge of the sub-prime mess could have shut off the money spigot before it got out of control - those in charge of the oil mess could have gone flat out on production and exploration as oil started its insane and entirely unjustified rise to more than $140 a barrel.
So, the bad news is that we Americans are stuck footing the bills for the Democrats’ sub-prime idiocy - but the good news is that our oil prices are going to drop like a rock. I really expect gasoline to drop below $2 a gallon before this slide is done.
One other thing about this - Obama, if he wins, says he will impose a windfall profits tax on American oil companies - as if they were responsible for the run up in oil prices…but the thing is, by the time Obama gets a chance to do this, oil company profits will be way down and such a tax will turn what will then be modestly profitable companies into unprofitable companies…and will cause actual shortages in the United States, resulting in a run-up in the price of gasoline. Nothing in the world is more dumb than a doctrinaire liberal…
24 comments October 8th, 2008
Democrats Hellbent on Road to Economic Stone Age.
Senator Jim DeMint has the details:(emphases mine)
We’ve just been alerted that despite House Democrats relenting on extending bans on offshore drilling and oil shale in the continuing resolution (CR) appropriations bill, Democrat Senate Leader Harry Reid has decided to sneak an extension of the oil shale ban through as Congress fights over the financial bailout. Oil shale in America’s West is estimated to hold be between 800 billion and 2 trillion barrels of oil — that is more than three times the proven oil reserves in Saudi Arabia alone.
The text of the Reid language is here.
As an aside, I just got off the phone with Reid’s office and asked the staffer why Reid is hellbent on sending us to the economic stone age, with his constant stonewalling of our ability to harvest our own resources.
The staffer replied that Reid’s energy policy is long term in scope.
I replied, "What about the short term? What good is the long term if in the short term we collapse economically, and have nothing to leave our kids? Why is Senator Reid constantly stonewalling our ability to harvest our own resources?"
The condescending, smarmy schmo replied, "Well, sir, that’s if you believe that more oil will help us in the short term."
Someday, someone will invent a machine whereby it is possible to slap someone upside the head via the telephone.
Until then, banging my head against the wall will have to suffice.
I swear, and I’ll say this professionally: Anyone who votes democrat in the upcoming elections ought to have their head examined.
9 comments September 25th, 2008
Democrats Lose to President Bush, Again
For the Most Unpopular Man in Human History, he sure does seem to be able to whack Democrats at will:
Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer.
House Appropriations Committee Chairman David Obey, D-Wis., told reporters Tuesday that a provision continuing the moratorium will be dropped this year from a stopgap spending bill to keep the government running after Congress recesses for the election.
Republicans have made lifting the ban a key campaign issue after gasoline prices spiked this summer and public opinion turned in favor of more drilling. President Bush lifted an executive ban on offshore drilling in July.
“If true, this capitulation by Democrats following months of Republican pressure is a big victory for Americans struggling with record gasoline prices,” said House GOP leader John Boehner of Ohio.
Of course, there was some great work done by the Congressional GOP and the RNC on this issue, and it has worked well for America in that we’ll finally start to get an energy policy which produces, you know?, some energy. In the end, how were Democrats defeated? Simple - they came up against men and women who actually put country first…while a group which puts party first can cause a lot of ruckus, when the chips are down it is those who believe in something sublime who will defeat those who believe in something corrupt and mean.
Come what may this November, I will miss President Bush a lot - and I’m one of the very few people who will admit to this. But it has been endlessly entertaining the past 7+ to watch a man who understands run rings around those who don’t…and adding to the humor of the long-running event is the enormously funny fact that those who don’t understand actually think they are smarter than the man who does. I’ll also miss having a leader of decision and courage - though if the election goes right, that will be less missed than if it goes wrong.
44 comments September 24th, 2008
Palin ‘Governed From the Center,’ Went After Big Oil
USA Today decided to actually look at Sarah Palin’s record as Governor rather than misrepresent her words or try to trap her with “gotcha” questions. Here’s what they found:
Weeks after taking office as Alaska’s governor in December 2006, Sarah Palin vetoed a bill that sought to ban benefits for the same-sex partners of state workers. It was unconstitutional, she said.
This year, she rebuffed religious conservatives who wanted her to add two abortion restriction measures to a special legislative session on oil and gas policy, even though she supported the bills. Former aide Larry Persily said she didn’t want to risk offending Democrats, whose votes she needed on energy legislation.
…
[I]n her 21 months as governor, Palin has taken few steps to advance culturally conservative causes. Instead, after she knocked off an incumbent amid an influence-peddling scandal linked to the oil industry, Palin pursued a populist agenda that toughened ethics rules and raised taxes on oil and gas companies.
Be sure to read the whole thing as this is a substantive article on Sarah Palin rather than the hit jobs you see from so many others in the media.
1 comment September 12th, 2008
Sarah Palin Taking on Big Oil
The Washington Post takes a substantive look (see, the MSM “can” do that) at Sarah Palin’s record as Governor. Specifically they analyze the “nearly $40 billion natural gas pipeline to help lead America to energy independence” she brought to Alaska. Turns out she rejected the deal negotiated by her predecessor, a deal that, according to The Post, “would have awarded the companies a long-term tax freeze in return for relatively weak commitments to actually build the pipeline:”
Ms. Palin rode criticism of Mr. Murkowski’s deal to victory over him in the 2006 Republican gubernatorial primary and then to the governor’s office later that year. She reversed Mr. Murkowski’s strategy, asking the legislature to pass a law setting criteria for a deal, then throwing the project open to companies other than the Big Three. The result was a commitment by an experienced pipeline company, TransCanada, to build the project, which may take 10 years, in return for $500 million in state seed money derived from Alaska’s recent oil windfall.Ms. Palin’s outflanking of the oil companies injected some competition and urgency into a process that was previously stalled. Perhaps her Democratic opponent for the governorship in 2006, who campaigned on similar ideas, would have achieved these results. Nevertheless, Ms. Palin actually did.
The more scrutiny the media does on her actual record, the more they will highlight the contrast that she actually “did” something in her elected roles whereas the Presidential candidate for the other party quite simply has not.
15 comments September 8th, 2008
How Palin Power Has Shaken Up This Campaign
Jennifer Rubin has good piece on The Top Ten Ways Sarah Palin Has Shaken Up the Race:
* The Republican base is now energized and enthusiastic like never before
* Palin offers geographic appeal and help in key swing states
* Palin revived McCain’s maverick, outside the Beltway message
* Expect more attacks on Obama’s own history of accommodation with the Daley machine in Chicago
* The problem with Hillary Clinton’s disaffected voters is back
* Palin has engaged the community of families with special needs children
* Palin will keep the energy issue front and center and pound home the message that the GOP is in favor of an all-out, multi-front effort to develop domestic sources of energy including oil and natural gas
* She dealt a blow, a big blow, to the credibility of the MSM
* Palin has made Joe Biden a greater liability.
* Palin allows many voters to “make history”
These are just 10 of the increasingly numerous ways Sarah Palin has been that “game changer” Republicans sorely needed. Read the whole thing.
20 comments September 8th, 2008
Oil Prices Crash
From the Wall Street Journal:
Crude-oil futures dropped to their lowest price in almost five months on initial signs that Hurricane Gustav’s damage to Gulf Coast oil installations was light.
Light, sweet crude for October delivery was recently down $7.49, or 6.5%, at $107.97 a barrel on the New York Mercantile Exchange, after earlier dropping as low as $105.46, the cheapest oil since April 4.
Brent crude on the ICE Futures exchange fell $2.54 to $106.87 a barrel.
Ok, so you on the left blamed John McCain, President Bush and Dick Cheney when prices shot up to $147 a barrel. Will you now credit these three gentlemen for the lowering price of oil? Also, as Sarah Palin is governor of a major oil-producing State, can we say that she’s also partially responsible for this happy state of affairs?
I’m just saying - its you liberals who believe that only government can make the sun rise each morning…
18 comments September 2nd, 2008
House GOP Gains Traction for the Fall
Courtesy of Nancy Pelosi, certainly the very worst Speaker in American history:
House Republicans, who insist that Speaker Nancy Pelosi call the House back from its summer recess so votes can be taken on their energy legislation, continued for a third day to make speeches to GOP staff members and Capitol Hill tourists.
They did so in the dimly-lit chamber of the House of Representatives, without the aid of working television cameras or a public address system.
The Republicans became miffed last Friday when Democrats abruptly adjourned the House until September 8 without giving them a chance to speak on the floor about their energy plan, which includes exploring for oil in ANWR and more off-shore drilling.
Even though the House had officially gone out of session, some Republicans stayed on the floor and made speeches anyway.
After taking the weekend off, the guerrilla oratory continued Monday, with organizers of the talk-in estimating that 24 of the 199 House Republicans participated…
…With the House not in session, the chambers’ televisions cameras have been turned off for the three days of speeches. The lights in the chamber have been dimmed, which is normally the case when the House is not session. Also the public address system is off, forcing the Republicans to speak up so they can be heard in the large chamber.
Lucky tourists, many of whom just happened to be touring the Capitol, have been given the rare opportunity of sitting on the House floor. Wearing t-shirt and shorts, they became an impromptu audience for the speechmakers.
Pelosi, D-Calif., issued a statement on Monday saying, “This Republican hoax is unworthy of the serious debate we must have to reduce the price at the pump and promote energy independence.”
House Democratic Leader Steny Hoyer, D-Md., referred to GOP tactics as “stunts” by a “smattering of House Republicans”.
But Republicans claim their unofficial floor sessions are gaining traction with voters who are wondering why Congress is taking a five week vacation while gasoline prices remain so high.
They vow to continue speaking out on the House floor rest of this week and during the weeks ahead.
Its fine for Nancy to say we need a serious debate, but having such a debate is rather impossible if the Democrats cut and run from DC and head for the hills rather than be forced to vote in favor of energy measures popular with everyone except the money-bags of the kook left. That is the thing, you see? Any floor vote on the GOP energy measures will result in a lopsided vote in favor of the proposals - only those Democrats in absolutely safe Democratic seats would dare defy common sense on energy, and so the vote in favor would probably approach 300.
But, its all good: Nancy and Co have handed we GOPers a fine “kitchen table” issue for the fall. We’re willing to do the hard work of getting things rolling towards American energy independence while the Nancy-boy Democrats hide. Come the election, we’ll be able to point out our willingness to make the hard decisions contrasted with the Democrats stark, yellow-bellied fear of doing the same.
23 comments August 6th, 2008
Just What is a “Windfall Profits Tax”?
The Wall Street Journal wonders:
The “windfall profits” tax is back, with Barack Obama stumping again to apply it to a handful of big oil companies. Which raises a few questions: What is a “windfall” profit anyway? How does it differ from your everyday, run of the mill profit? Is it some absolute number, a matter of return on equity or sales — or does it merely depend on who earns it?
Enquiring entrepreneurs want to know. Unfortunately, Mr. Obama’s “emergency” plan, announced on Friday, doesn’t offer any clarity. To pay for “stimulus” checks of $1,000 for families and $500 for individuals, the Senator says government would take “a reasonable share” of oil company profits.
Mr. Obama didn’t bother to define “reasonable,” and neither did Dick Durbin, the second-ranking Senate Democrat, when he recently declared that “The oil companies need to know that there is a limit on how much profit they can take in this economy.” Really? This extraordinary redefinition of free-market success could use some parsing.
Take Exxon Mobil, which on Thursday reported the highest quarterly profit ever and is the main target of any “windfall” tax surcharge. Yet if its profits are at record highs, its tax bills are already at record highs too. Between 2003 and 2007, Exxon paid $64.7 billion in U.S. taxes, exceeding its after-tax U.S. earnings by more than $19 billion. That sounds like a government windfall to us, but perhaps we’re missing some Obama-Durbin business subtlety.
Why are Obama and his Democrats calling for a windfall profits tax on oil companies?
1. Because they still believe that class warfare works at the voting booth.
2. Because, quite honestly, they don’t know what else they should do.
Suppose Obama and his Democrats get their wish and soak Exxon for $100 billion. So what? By my rough calculation that works out to a figure equal to 3.33% of the annual Federal budget…and as that would be an increase of $35-odd billion, we’re really talking about increasing revenues by 1%…and that, of course, is to ignore the fact that if we tax away most of Exxon’s profits, we swiftly won’t have anymore Exxon profits to tax. As most, we’d realise about, say, $50 billion in additional revenue over a two or three year period. What is that supposed to accomplish? Especially as Exxon lays off workers and oil suppliers start to refuse to sell to America because they can make more profit selling elsewhere? As you stand in line to buy rationed gasoline in order to drive to the unemployment office, are you really going to feel better thinking that at least Obama “got” those greedy SOBs in Big Oil?
Keep in mind that I’m no fan of corporate America - after working for the past 7+ years in corporate America I can say with certainty that there’s nothing quite so contemptible as a large corporation…in fact, so bad are they that the only thing worse than Big Corporation is Big Government. Corporations at least produce some useful product or service - Big Government merely produces more government. Once I figure out a way to break up the large corporations without dislocating the economy, I’m on it for all I’m worth - but, meanwhile, the cretinous corporate behemoths are just part of the landscape (sort of like landfills on the otherwise pristine landscape of free market economics), and if you think they will behave in an irrationally self-destructive manner to please a President Obama, then you’ve got rocks in your head (they will, of course, continue to be irrationally self-destructive on their own hook, but that won’t help Obama and his Democrats).
The fairy tale world of Obama and his Democrats in on display here - they live in a world where Evil Corporations make life miserable for Little Workers and what is needed is Selfless Liberals to save the day. Thing is, you’re just as likely to find a pinhead on the production line as in the corporate boardroom - or in the Executive Branch of the United States government. People are people and a certain percentage of them, at any given time, are being complete boneheads (yes, yours truly, included). To assign to a class of people virtue or vice is as stupid as assigning to various skin colors certain advantages or disadvantages - we have to take things as they are and judge each person’s actions on the merits of their case. If a corporate boss is being a rapacious, greedy SOB, then we should point that out and work to thwart him - but because one creep is a CEO it doesn’t follow that all CEO’s are creeps. Nor should we think that being poor automatically means being virtuous - some poor people are poor because they are shiftless, ya know? Given this reality, the last thing we need is a bunch of liberals coming to save the day - by punishing corporations they will be taking a stripe off the good and the bad, and by pouring out funds on the poor indiscriminately they’ll be benefiting both the hard worker and the layabout.
Leave off schemes to tax corporations - it serves no useful purpose. Heck, any addtional taxation will just be passed on to the consumer, anyways in the form of lower wages, higher prices, lower employment or a combination of all three. Leave aside the nursery-room fairy tales from the Marxist-Leninist view of economics. Deal with things as they are - if you really want to do something to make oil companies less profitible, invest your efforts in finding larger sources of oil and alternatives to same. That will cut into Exxon’s profits more usefully than any windfall profits scheme, as well as doing something good for everyone.
35 comments August 5th, 2008
Obama Flips Again: This Time on Offshore Drilling
I guess his handlers have seen some polling showing McCain and the GOP clobbering Obama and his Democrats on this issue:
In An Interview With The Palm Beach Post, Obama Said He Would Support Offshore Drilling:
Obama Said He Would Be Open To Offshore Drilling Because He Wanted A “Comprehensive Energy Policy That Can Bring Down Gas Prices.” “U.S. Sen. Barack Obama said today he would be willing to open Florida ’s coast for more oil drilling if it meant winning approval for broad energy changes. ‘My interest is in making sure we’ve got the kind of comprehensive energy policy that can bring down gas prices,’ Obama said in an interview with The Palm Beach Post. ‘If, in order to get that passed, we have to compromise in terms of a careful, well thought-out drilling strategy that was carefully circumscribed to avoid significant environmental damage - I don’t want to be so rigid that we can’t get something done,’ Obama said.” (Michael C. Bender, “Obama Would Consider Off-Shore Drilling As Part Of Comprehensive Energy Plan,” Palm Beach [FL] Post, 8/1/08)
But Obama Has Vehemently Opposed And Derided Offshore Drilling:
Just A Few Days Ago, Obama Called Offshore Drilling A “Scheme.” Obama: “Now the latest scheme is well, we’re going to drill offshore. Now, I want to be absolutely clear to everybody about this. If I thought that I could provide you some immediate relief on gas prices by drilling off the shores of California and New Jersey , I understand how desperate folks are. I met a guy who couldn’t go on a job search that lost his job, couldn’t go on a job search because of the high price of gas. Just couldn’t fill up his tank. I met a teacher in South Dakota who loved her job as a teacher on an Indian reservation, she had to quit because the drive was too far, it was taking up too much of her paycheck. I know how bad people are hurting. So If I thought that by drilling offshore, we could solve our problem, I’d do it.” (Sen. Barack Obama, Remarks At Campaign Event, Springfield , MO, 7/30/08)
As Matt noted recently, Obama’s “bounce” from his “Teach me, please” foreign tour had dwindled, and with Gallup’s tracking now showing Obama and McCain tied for two straight days, Team Obama is probably starting to get worried…though I doubt, at this point, that Obama is. While Obama does have to real solid political “nuts and bolts” troopers on his side, he seems to believe he’s the Chosen One Destined to Save the World.
As I’ve been saying, if “story” (in the children’s fairy tale sense of the word) is most important, than Obama gets sworn in on January 20th…if, on the other hand, the election turns on competance, then we’ll have ourselves President McCain come January. The Gallup tracking is a good poll, as far as polls go, and while it will warm GOP hearts to see it tied for a while, we can expect it to fluctuate around a bit. When Obama selects his VP he might get a bounce, but so might McCain when his VP selection is announced. Ditto with the respective conventions. But the fact that Obama has only very temporarily ever opened up what can be considered a lead (ie, a poll lead outside the margin of error) shows that there are grave doubts about Obama in the general populace, and this is the are McCain can exploit - especially as we get closer to the vote - to derail the Obama express.
As it relates to offshore drilling, only the most dyed-in-the-wool liberal thinks its the wrong idea - in fact, more than that, one has to be a downright fool to say we shouldn’t. If you’re going to have a plan to get America to be all or mostly energy independent, expanding domestic production of oil is a vital piece of the puzzle - not as a permanent solution, because the solution is to find an alternative to oil, but as part of the bridge between oil and alternative. McCain sees this, Obama didn’t - untill pressed to it by the hard facts of life, and the risk of a loss on his own part.
The problem here is not so much that Obama is slow off the mark on these common sense ideas, but that he has to be under threat to his own success before he’ll move. Again and again, only the risk to his own political prospects makes him ditch the liberal/left ideology and deal with facts as they are. This is the recipe for weak President who will be the laughingstock of the world, as our enemies exploit his weaknesses and our friends shake their heads in wonder that we managed to elect another Jimmy Carter. America should not place itself at risk just because one guy is telegenic and speaks well in a set piece campaign rally.
UPDATE: NRO’s The Corner has an eyewitness account of what happened when the Democrats cut and ran from the energy debate:
It’s too bad they’ve turned off the cameras and microphones in the House of Representatives because the Republicans are orchestrating an excellent political scene. As I was making my way over to the House chamber, I could hear the crowds inside chanting, “Drill! Drill! Drill!” Families, staff members and press were sitting in the gallery space above the floor listening to one speech after another - there were even some families and staff members sitting down on the floor - when one of the members came to the floor and said,
“The Capitol Police are going to be closing the Chamber in a few minutes, which means all of you are going to have to leave. But we’re not going to let that happen. Instead, we want everyone in the gallery - yes, everyone - to come down to the floor so they can’t kick you out of the Capitol. Members will be coming up to escort you downstairs right now.”
And sure enough, one member after another starting bringing groups of us down to the floor. The place was packed and people continue to come into the chamber as members were speaking without microphones from the central pit in front of the dais. The atmosphere reminded me of a session of Prime Ministers Questions in the House of Commons. People were shouting out from the crowd that they wanted to Democrats to come back to debate this issue, members were requesting the President to exercise his constitutional right to request the House to come back from recess to debate gas prices, and when I left the floor five or six Congressmen were hosting a press conference outside the chamber.
According to one speaker, forty-eight members had come to the floor to speak for a total of more than five hours.
Can you believe this chickens*** nonsense? Using the cops to clear the floor? Turning off the microphones? Never in the course of American history has there been a more cowardly act than these Democrats - Obama’s Democrats - running away rather than dealing with the people’s business….and the fact that they ran away gives us more understanding of what Obama is up to. He knows he’ll be crushed on the oil issue, and thus wants out of it…the House Democrats, on the other hand, are afraid to move either way for fear of angering the kook left or the center…
28 comments August 2nd, 2008
“Pump” Up the Vote
McCain’s new ad, “Pump” on gas prices and oil drilling. A strong statement against Obama and in favor of McCain.
18 comments July 22nd, 2008
What hath the “New Tone” wrought?
While I’ve admired President Bush for many reasons, what I could never understand was the President’s reluctance to answer the many unfounded, over-the-top criticisms and out-and-out attacks that were foisted upon him by the left of this nation.
Paul Kengor addresses this in a must-read piece at the American Thinker. For all of the Bush Administration’s successes, most notably his success via perseverance of his Iraq war policy, President Bush’s “new tone” policy set the stage for the relentless, unanswered barrages of assaults by the leftists of this nation and around the world.
The “feel-good” language espoused by many democrats regarding “getting along” and their supposed pining to end the “politics of personal destruction,” in the end, of course, was so much political puffery. On the other hand, George Bush’s “new tone” was not only a buzzword, but S.O.P. for his administration. As with nearly every aspect of his administration (and what those on the left could never fathom nor abide), Bush actually meant what he said and said what he meant when he proclaimed that he would establish “a new tone” in Washington.
Paul Kengor asserts that Bush’s “new tone” was a spinoff of his adherence to his evangelical Christian roots; specifically with regard to the principle of “turning the other cheek (Luke 6:29).”
While a president’s abiding by principle is certainly to be lauded, the application of this principle to Bush’s leftist detractors during his administration yielded disastrous, and yes, even dangerous results. Turning the other cheek allowed the leftists to set the agenda for debate, and allowed them relatively free rein in their efforts to dangerously damage the morale of this country with carte-blanche levels of seditious rhetoric and out-and-out falsehoods. Bush’s “new tone” allowed the leftist elements of this country to give licentious aid and comfort to America’s enemies during a time when our sons and daughters were in harm’s way, giving our enemies encouragement to climb out of their caves and kill another day. Bush’s “new tone” has made it much easier for democrats and other leftist elements to continue relatively unabated on a roll of propaganda based on contrivances that continues to this day, on every issue from energy to foreign policy.
Unfortunately, the Bush Administration’s failure to utilize the bully pulpit to answer unjust criticism and attacks from detractors has left those of us on the right side of the aisle to do all the heavy lifting; which was all well and good, but not enough.
President Bush has many legislative and policy accomplishments for which to be proud. But public opinion and debate in the arena of ideas are also matters of import.
It is my opinion that President Bush’s “new tone” policy is a virtual handbook of how not to play the game.
50 comments July 21st, 2008
Bush Lifts Ban on Offshore Drilling…
…but will Congress take the next step to lower gas prices?
President George W. Bush said today he’s lifting a presidential ban on drilling for oil and natural gas on the U.S. Outer Continental Shelf, setting up a showdown with Congress over a separate ban it put in place in the 1980s.
“Today I’ve taken every step within my power to allow offshore exploration of the OCS,” Bush said in a statement at the White House. “This means the only thing standing between the American people and these vast oil resources is action by the U.S. Congress.”
Democratic leaders in both houses of Congress rejected the president’s call, saying the move to end the moratorium would have no effect on prices and better options are available.
The Democrats once again reveal their stupidity and their hypocrisy. Steny Hoyer, who has come out opposing Bush’s actions today, said the following last week:
Now, of course, bringing new resources to market might have, hopefully will have, and we want them to have a reduction in prices.
Why do Democrats want gas prices to stay high? They haven’t proposed anything to address the energy problems we’re facing… All they know how to do is blame Bush for want to do something to lower gas prices.
64 comments July 14th, 2008