I am tired of the MSM Democrat enviromarxists moaning that Saudi Arabia will not pump more oil!!! This is a definite media bias. Democrats have blocked lifting the ban on drilling for oil, natural gas, refineries, or alternative energy sources, in America for 30 years. Republicans are asking for bans on drilling and building refineries in America be lifted.
The Democrat enviromarxist say that we cannot drill our way out of this. Does anyone remember that the Democrat enviromarxists blocked the Alaskan pipeline for three years before they were forced by voters to approve it? The Democrat enviromarxists had their hand forced to approval the Alaska pipeline by the price of gas doubling in the 70’s and the voters demanding it.
In the seventies the Democrat enviromarxists said that this could not be done. And if it could the time it would take to build this would be too long to provide any relief. Sound like todays arguments from the MSM Democrat enviromarxists. It is the same arguments because all the Democrat enviromarxists have is the 1960’s & 70’s play book, nothing new. They have sued companies and states for decades, so much that they have blocked progress for decades.
The Democrat enviromarxists Presidential candidate Barack Obama has a plan. Tax the oil companies profits and tell them what kind of energy to sell. The extra 25% tax on oil company profits will only be passed on to the consumer. Former Pres. Jimmy Carter tried this approach in the 70″s, it failed creating higher prices.
The oil company profits are 8.5c/gallon and the Federal gas tax is 18.5c/gallon. So it is the US Government that is making windfall profits and telling the citizens it is the oil companies gouging us. The States get in on this with another 5-9% more per gallon in state and city taxes which adds at least another 20c/gallon.
The Democrat enviromarxist Obama also wants the oil industry to provide alternative sources of energy. This is like telling McDonalds to sell clothing. The oil companies produce oil! They can create alternative sources of energy if THEY want to. Otherwise the private sector is FREE to create as much alternative energy as they want.
The Democrat enviromarxists want corn to be made into a fuel. That has worked so well that the price of corn has tripled and everything has gone up at least 20%-50%. Food riots have broke out across the world because the poor cannot afford the vast increases. This has happened because we took a FOOD product and mandated an energy source be made out of it and 15% of our gas supply replaced with it. The ripple effect is huge. Corn is being planted in place of other products like wheat and soy beans around the world causing the shortages in and a huge rise in cost of these products.
The Democrat enviromarxists will pay for this blunder in Novembers election. The American people get it, 67% say drill now! They Democrats say no they will filibuster any attempt to lift the bans in place for 30 years.
Filed under: 2008 presidential race, Global Warming, National Secruity, News and Views, media bias | Tagged: 2008, 60's, 70's, alaska, alternative, america, ban, barack, beans, campaign, carter, democrat, democratic, democrats, energy, ethanol, food, fuel, gas, jimmy, natural, obama, oil, pipeline, political, politics, presidential, race, refineries, republican, republicans, shortage, soy, voters, wheat