Comments on: Inflation Skyrockets On Energy Costs
June Report On Consumer Prices Much Worse Than Expected, Cutting Into Earning Power
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- a good start would be for mr. cheney to pull the curtain away from his ''''''''super secret'''''''' energy commission from early 2001 ... which he has expended so much energy to protect.
Posted by bobnjersey at 03:13 PM : Jul 16, 2008
Revealing the minutes of the secret energy meetings would clearly expose Cheney (if not Bush) to outright impeachable offenses. They knew it from the beginning, which is why Cheney went all out to ensure the secrecy of the meeting/meetings.
Posted by DaysRnumbrd at 05:14 PM : Jul 16, 2008
Subsidies for the oil companies, should they continue, should continue only if their are reportable, measureable benchmarks in the development of alternative fuel resources. To date, all the subsidies have not yielded any new product I can think of, can you?
Posted by BajaJohn1 at 05:12 PM : Jul 16, 2008
To all of you, AGREED!!! - Reply to this comment
- Add Indymac to the taxpayer bailout as well. And now with the FBI presumably investigating possible fraud at Indymac, what exactly will be the outcome if it''s discovered? The economy and those who stand to lose millions and more will never be compensated and have their losses restored.
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- On the heels of the Bear Stearns bailout and the propping up of Fannie Mae and Freddie Mac, the taxpayers again have to be on the dole for this, while the investors and suspicious management get off the hook. It''s ludicrous that the market would be so healthy today, given the dire economic numbers that directly impact the average consumer, who represents at least three-quarters of our economy. But, given the fact the Main Street and not Wall Street have come to the rescue once again, it makes sense that the Wall Street types would continue doing their jig while the Feds continue fiddling away as Rome melts and continues to burn.
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- Lindsey Williams has apparently gone into hiding as more and more Americans are asking questions about the Gull Island Alaska oil discovery. It%u2019s either the greatest scandal ever perpetrated or a hoax. No one is refuting the evidence.
such as Gull Island means that the government would be forced to reveal all it knows about the real oil reserves in this nation, offshore, and reveal what other oil wells have possibly been capped to production. Yes, it is pure speculation, but consider some known facts and how they could possibly play out.
Gull Island was discovered during the Carter Administration. He was pushing hard for his Energy plan with the Windfall Profits tax being a center piece of that plan. The energy crisis of that time has been proven to have been contrived in an effort to bring energy to the forefront of discussion by all Americans. When Carter promised reductions in energy prices with his WPT, passage was easy. Needless to say, that was the very reason this nation now imports over 70% of our oil today. Had a Gull Island discovery been announced, then the energy crisis would have been resolved. You can make the connection that the Carter Administration wouldn%u2019t have fared very well in getting acceptance of a comprehensive energy policy. Ordering Gull Island capped would seem logical and probably prove-able. - Reply to this comment
- Obama"s Lead Has Faded, Poll Says
AOL
Posted: 2008-07-14 12:13:03
Filed Under: Elections News, Barack Obama, John McCain
(July 14) -- A new Newsweek poll shows that Democratic presidential candidate Barack Obama leads Republican rival John McCain by just 3 percentage points, a statistical dead heat -- and a sharp drop from the 15-point lead Obama held in June. Why the sudden shift? Obama has run up against challenges since clinching his party"s nomination in June, but McCain"s big surge is tough to explain.
Wow , the surge is working. - Reply to this comment
- a good start would be for mr. cheney to pull the curtain away from his ''''super secret'''' energy commission from early 2001 ... which he has expended so much energy to protect.
Posted by bobnjersey at 03:13 PM : Jul 16, 2008
............
Revealing the minutes of the secret energy meetings would clearly expose Cheney (if not Bush) to outright impeachable offenses. They knew it from the beginning, which is why Cheney went all out to ensure the secrecy of the meeting/meetings. - Reply to this comment
- Subsidize their efforts to find alternative fuel sources? sure.
Posted by mbcsmith at 04:23 PM : Jul 16, 2008
I asked you whether or not we should continue the PRESENT subsidies to the oil companies. These subsidies have NOTHING to do with alternative energy.
Alternative energy was not mentioned at ALL in my previos post to you regarding subsidies, ''CON''.
We are handing multi-billion dollar companies tax-payer funded corporate welfare. Look up my previous post. The questiion I posed to you was ''Do you think those subsidies should continue?''
I won''t hold my breath while waiting for your answer. - Reply to this comment
- d33pthroat1 said: "Why would we do that when a better use of the subsidy money would be to explore cheaper sources already available?"
Its not cheaper in the long run. Geothermal energy is inexhaustible. - Reply to this comment
- tax cuts for the rich CREATED THIS RECESSION !!!!
You idiots !
It just never amazes me that Republicans have been wrong on EVERYTHING !!! - Reply to this comment
- a good start would be for mr. cheney to pull the curtain away from his ''''super secret'''' energy commission from early 2001 ... which he has expended so much energy to protect.
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Posted by bobnjersey at 03:13 PM : Jul 16, 2008-
That Cheney energy meeting included confiscating all of the U.S. territory first and drill for export to China.
It also included keeping the Federal Reserve Notes wortheless by maintening interest rates too low that way stupid Republicans will blame a false peak oil shortage hoax.
And it''s working!!! Look how many stupid people post blaming the wrong thing! - Reply to this comment
- And, BTW, you never answered my ? as to whether you think we should continue subsidizing the oil companies.
Waiting...
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Posted by ofbyfor1 at 04:03 PM : Jul 16, 2008
Subsidize their efforts to find alternative fuel sources? sure. - Reply to this comment
- THERE IS NO OIL SHORTAGE ! Okay?
Right now, there is NO CORRELATION to supply and demand(in gas). Okay?
Posted by stevex47 at 04:11 PM : Jul 16, 2008
Well, I certainly see no lines at the gas pumps as we did in the 70s.
Devaluation of the dollar, increased demand by China and India, lack of alternative energy, there you go. - Reply to this comment
- And...just want to make sure all the nutjobs are on the same page. Sorry for the caps, THERE IS NO OIL SHORTAGE ! Okay?
Right now, there is NO CORRELATION to supply and demand(in gas). Okay?
Saw some nutjobs posts to the contrary earlier. There is however a huge shortage in the brainpower of nutjobs though. - Reply to this comment
- "The MIT report estimated that there was enough energy in hard rocks 10 km below the United States to supply all the world''''s current needs for 30,000 years. [11]"
--- Posted by melchg at 03:53 PM : Jul 16, 2008
Sure there is. But to get that energy you will spend more than what you will get out of it. Same with oil.
No one is saying that all energy resources are gone.
What is gone is resources from which energy can be obtained CHEAPLY and EASILY. There are lots of resources out there but you will have to spend MORE in energy to get LESS energy out.
I don''t like Republicans but I do think some LIMITED drilling for more oil should NOT be ruled out completely.
Sure it wont help us in the near future because it will take decades to set up dilling and refining but at least our children will be better off.
We should open some more land for oil companies to drill on even if it means losing a few birds and fishes. We''ve been doing this for centuries and - face it - survival of humans is more important than survival of a few birds and fishes.
While the new drilling is going on, the rest of us can continue to look into renewable and alternate energy resources.
This way we get the best of both the worlds. - Reply to this comment
- Do they have the right to drill AND produce on those lands? No, I didn''''t think so.
Posted by mbcsmith at 03:51 PM : Jul 16, 2008
It is also true that the Federal Gov''t has spent money buying BACK some of these offshore leases (MORE of your tax dollars at work, folks).
And, BTW, you never answered my ? as to whether you think we should continue subsidizing the oil companies.
Waiting... - Reply to this comment
- According to the Bureau of Land Management, since 2004, oil and gas companies have received 28,776 permits to drill on public land, but only 18,954 have actually been used. Which means the oil and gas companies have stockpiled nearly 10,000 permits.
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Posted by melchg at 03:30 PM : Jul 16, 2008
Do they have the right to drill AND produce on those lands? No, I didn''t think so. - Reply to this comment
- Despite the doubling of Japan''''s GDP during the 1970s and 1980s, its annual overall levels of energy consumption have remained unchanged. Japan learned a lesson during the oil shock of the early 70s that America chose to forget. By 2006 Japan was responsible for producing almost half of total global solar power.
Posted by ubrew12 at 03:39 PM : Jul 16, 2008
Sometimes smaller countries are more smartly governed. For an interesting take on that see my previous post at 3:16 PM regarding Nevis, a tiny island in the Caribbean. LOL - Reply to this comment
- Posted by mbcsmith at 03:27 PM : Jul 16, 2008
I understand. Cost of doing business involves risks of exploration, etc. But, serious question, do you think we should continue tax-payer subsidies at a time when they are making record profits and consumers are biting the oil bullet? I don''t think that''s right, especially when their high-level execs are being paid multi-millions and our wages are being slashed or our jobs are cut. Just trying to look out for other middle-class Americans here. - Reply to this comment
- Despite the doubling of Japan''s GDP during the 1970s and 1980s, its annual overall levels of energy consumption have remained unchanged. Japan learned a lesson during the oil shock of the early 70s that America chose to forget. By 2006 Japan was responsible for producing almost half of total global solar power.
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- Granted, geothermal won''''t run your car, but if it brings your heat bill down, hey...better off. No more oilmen in office, please. They only seem to think of themselves.
Posted by ofbyfor1 at 03:16 PM : Jul 16, 2008
..............
If more nuclear, geothermal, wind, and solar power plants can be used to replace the numerous natural gas power plants, then we could begin to use natural gas to power our vehicles.
Natural gas is the closest thing we have to a viable alternative fuel for cars right now. Sadly, it''s mostly used for electrical power plants because of the lack of nuclear and other power plant usage. - Reply to this comment
Mike Huckabee on GOP "rock stars," 2012, health care reform and more.
