Comments on: Bush Grudgingly Signs Oil Bill

Despite Strong Congressional Support, President Says Halting Reserve Purchases Is Bad Idea

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by drinuk May 20, 2008 8:44 AM EDT
The reserve of 701 Billion gallons is 97% full ! AND what about the private reserve''s, just how much stockpiling is going on in the private sector, how much have the Bush Family got stashed away and how does HE know it will not bring prices down ? Unless, as we suspect, his policy for the last eight years as been to walk away with a nice big fat nest egg.

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by slim1h2o May 20, 2008 8:43 AM EDT
even though an aide said the president considers it a bad idea that won''t lower fuel costs.

Of course he thinks it''s a bad idea, he''d rather do anything, than to help the poor and middle class.

Of course, 3 months from now you will hear that the troops in Iraq are running out of fuel, due to the reduction of these strategic oil shipments.

Mark my words, that''s what we''ll hear!
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by bobnjersey May 20, 2008 8:37 AM EDT
[Your demobrat Congress is trying to show you how they attempted to stem the tide of rising oil prices the Administration is guilty of letting rise. How ludicrous.]
[Posted by maxify55 at 04:45 AM : May 20, 2008]

looks like the ''demobrats'' must have picked up a few more seats when nobody was watching.

"In a bipartisan rebuke, the Senate last week voted 97-1 and the House 385-25 for the legislation, margins suggesting that a veto could be easily overridden. "

the ''idiot in charge'' only vetos the things the ''other half of the country'' wants.
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by dowjones20k May 20, 2008 8:34 AM EDT
Another feel good do nothing political trick ...

All the US Congress memebers should be very proud, thier great vote to sacrafice 70,000 bls a day in a 21 million brl a day soceity is laughable.

Obviously, they have, in effect, spit into the ocean.

Pitiful !!

Any lawmaker who has more than two terms should be fired out and replaced with a new untainted blood.
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by bobnjersey May 20, 2008 8:30 AM EDT
did he also attach a signing statement saying that he reserves the right to do whatever he wants?

why isn''t anyone proposing incentives for efficiency in consumption? give a 100% tax deduction for (cost of) vehicles w/ mpg ratings over 70mpg. 200% deduction for vehicles over 100mpg.

you''ll have every car manufacturer suddenly finding a way to build these types of vehicles.

an energy policy should not just be another place to drill for oil ... ***.
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