August 7, 2008
Keep Up The Pressure On Drilling
National Review: The Democrats Find Themselves On The Wrong Side Of The Energy Issue
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Republican presidential candidate Sen. John McCain, R-Ariz., accompanied by his wife Cindy, speaks to reporters during a tour of the Red Ribbon Ranch Oil Lease, San Joaquin Facilities Management Inc., Monday, July 28, 2008 in Bakersfield, Calif. (AP Photo/Mary Altaffer) (AP)
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Campaign Notebook: Energy
John McCain won't stop making fun of Barack Obama's idea to inflate tires to save on oil. Obama lashed back saying "it's like these guys take pride in being ignorant." Katie Couric reports.
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Energy Policy Fuels Hot Debate
Sens. John McCain and Barack Obama attack each other over their competing energy plans, a hot topic for voters. Dean Reynolds reports.
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Obama On Offshore Drilling
Barack Obama says that he would accept some offshore drilling as part of the "New Energy Reform Act 2008," a bipartisan bill that is stalled in Congress. Priya David reports.
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Interactive
Energy Ed.
A look at our sources of energy and how we use them to live and work.
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Interactive
110th Congress
The balance of power shifts and new leadership takes control as the latest session convenes.
To drill or not to drill? According to recent polls, two thirds of Americans think Congress should lift restrictions that prevent energy companies from exploring the outer continental shelf for oil and natural gas. President Bush, John McCain, most Republicans, and some Democrats support lifting the ban. Barack Obama, Nancy Pelosi, and Harry Reid find themselves on the wrong side of the drilling question, and it has thrown their party into disarray.
All three Democrats are tangled on the same tripwire: Their friends in the environmental movement want to stop oil exploration. Unlike most politicians, who face public outcry when gas gets pricey, environmental groups are willing to argue that gas should to be more expensive in order to make alternative sources of energy seem cost-efficient by comparison. It’s not just that they oppose new drilling; they also support a windfall-profits tax on the oil companies, new restrictions on current oil production, and the elimination of tax provisions that allow energy companies to write off the cost of expanding refinery capacity.
By making gas cheaper, increased domestic oil production would prolong what environmentalists see as America’s harmful dependence on fossil fuels. These groups would oppose offshore drilling even if it had no direct impact on the environment.
Obama echoed this thinking in June, when a reporter asked him if high gas prices could help wean the U.S. from its dependence on oil. Obama answered that they could, even though he “would have preferred a gradual adjustment.” That same month, he said that McCain’s drilling proposal “would only worsen our addiction to oil and put off needed investments in clean, renewable energy.”
That was then. In July, Rasmussen released a poll showing that 67 percent of Americans support lifting the ban on offshore drilling, and now Obama appears to have reversed his position. If “a careful, well-thought-out drilling strategy” were attached to “the kind of comprehensive energy policy that can bring down gas prices,” he said in an interview with the Palm Beach Post, he wouldn’t “want to be so rigid that we can’t get something done.”
Obama’s reversal coincides with the news that Nancy Pelosi has given at-risk Democrats permission to publicly support offshore drilling, freeing them to take the popular position while she blocks any efforts to lift the ban. Pelosi refused to allow any votes on drilling before adjourning the House for a five-week August vacation. A number of House Republicans stayed in Washington to hold protest sessions, arguing that Congress shouldn’t be taking a vacation at a time when high gas prices have caused many Americans to cancel theirs.
In the Senate, Harry Reid (“Oil makes us sick, . . . It’s ruining our world. We’ve got to stop using fossil fuels”) also blocked energy legislation for fear that Republicans would offer drilling amendments and force Democratic senators (such as Barack Obama) to commit to positions. While their counterparts in the House are keeping the issue alive in Washington, Republican senators headed home to spend all five weeks talking about energy.
In both houses of Congress, the Democratic leadership has offered gimmicky solutions to distract the public from the drilling issue. First, Democrats argued that the oil companies had already leased millions of acres of public land that they weren’t using to produce any oil. That effort foundered when the oil companies pointed out that they weren’t producing oil on this land because they hadn’t found any when they explored it.
Then, Democrats pointed the finger at commodity traders, accusing them of driving up the price oil through “excessive speculation.” This effort didn’t gain any traction, either. Traders don’t conspire to drive up prices; they try to anticipate movements in supply and demand - so of course, as U.S. demand has slowed (and as an increasing number of U.S. policymakers have argued for increasing supply), the price of oil futures contracts has fallen.
The latest half-baked idea comes from a “gang of ten” senators - five Republicans, five Democrats - who have offered a compromise that would lift the ban on offshore drilling in exchange for $20 billion in new federal spending on alternative sources of energy. The list - ag-friendly guys like Saxby Chambliss and Kent Conrad, corn-staters like Ben Nelson and John Thune - smells of ethanol. The compromise bill includes $2.5 billion for biofuel research and billions more in incentives for automakers to make cars with ethanol-burning engines. There might be a smart way for Washington to subsidize research into alternative energy, but this isn’t it.
There is a simpler solution. The congressional ban on drilling has to be renewed each year, and the current ban expires in September, so congressional Republicans and President Bush should fight to stop the ban’s renewal. The Democrats are backpedaling like mad. Their presidential candidate doesn’t have a coherent position and has resorted to Carter-esque lectures on energy conservation. Meanwhile, the speaker of the House is telling vulnerable members of her caucus to support lifting the ban.
The Democrats find themselves on the wrong side of the most important issue to Americans right now. Now is not the time for a compromise. It’s time to keep applying pressure.
By The Editors
Reprinted with permission from National Review Online.




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See all 57 CommentsGosh, with 6 years of total Republican control of every aspect of the Federal gov''t, with knowledge that oil supplies were only going to tighten, and with knowledge that it takes 10 years after approval of drilling before oil starts flowing, why didn''t Republicans approve of offshore drilling when they had total control?
The same reason Republicans will wait until there''s a Dem Congress in power to ''demand'' that our national debt (which they created) be paid down.
Its all so incredibly fake, and NRO is definitely part of the fakery. Please, NRO, stop gaming America. You really are, by now, profoundly unAmerican.
Just because 2/3 of americans think it is a good idea, does not make it a good idea..what about the 70 million acres of land the oil companies now have leased to them that they have not yet drilled on..they are trying to use this "crisis" to lock up additional lands for their reserves--it is not about the US--it is about Exxon Mobil and their henchmen--drill on the 70 million acres first--then we will talk
To me there are two basic fundamental issues that must be resolved before offshore drilling is allowed. First, our refineries are at capacity. So, we produce more oil than we can refine at present. What happens to the "new" oil? Second, crude coming from the Alaska Pipeline is sold mostly to Asian markets. What is to prevent new crude from offshore drilling from going to markets outside of the USA?
Until these two issues are resolved, why open our coasts to more offshore drilling?
If anyone is thinking of appealing to the oil producers, you can forget it. They do whatever brings the highest return to them and their shareholders.
Actually the idea of drilling is to drill where the oil is; not where it isn''t; It''s a lot like fishing; 90 percent of the water contains no fish at all, and the good fisherman knows how to tell which water the fish are in.
That''s why they want to drill in that barren desert wasteland up there in the frozen north; it isn''t any good for anything else; can''t even grow corn for ethanol or any other renewable green energy on it.
Have you tried drilling in your own backyard to see if you can get your own oil; it ought to be at least as good as that worthless 70 million acres the gummint let the oil companies lease.
Drill for offshore oil? Where were NRO''s protests when their buddies the Republicans OWNED the federal gov''t? NRO doesn''t care about offshore oil. They dont care about the national debt. They care only to lobb grenades at one party to benefit the other, and scr*w the American people.
THE REPIGS ARE THE ONES WHO SOLD OUT AMERICA TO THE MIDDLE EAST AND BIG OIL!
Only a rag as ignorant as the NRO would make themselves look SOOOOOO stupid and brainless and write that it is the Dems fault.
They''re all public nuisances . . . I think people will think twice about imposing the possibility of adverse consequences onto other people if to drill would mean having Homer Simpson in charge of controls of their local Three Mile Island . . .
You are playing right into Cheney''s Energy Plan playbook. He thinks we are all idiots and won''t see what he is doing. He knew if him and his energy buddies got oil so high we dumb Americans would beg them to start drilling and it looks like he was right. 70% of the American idiots believe them. Why do you think he will not let the American people see the minutes of these meetings? Because he did wrong by the American people.
This is a gift for his new bosses. I say don''t give it to them and let''s start doing the right thing and get non food based energy alternatives developed.
That is because they have been lied to and misled by Bush and Big Oil. If the real facts were widely known, there would be tremendous opposition to this idea.
They are selling this based on lies, just like they did for Iraq.
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Barack Obama, Nancy Pelosi, and Harry Reid, most Democrats, some Republicans, and 80pct of the American people support an Iraqi pull out.
President Bush, John McCain, some Republicans, and some Democrats support the wrong side of the Iraqi issue and it has thrown their party into disarray.
BTW: three-fourths of the economic gains made by America when Bush cut taxes (and doubled the debt, leading to high gas prices), went to the richest 1% of Americans. The question is: how many times and in how many ways are the American people going to allow themselves to be gamed in this way? We''re the laughingstock of the world, and NOT over Iraq!
1) Americans stopped driving gas-guzzling big cars
2) We developed more source of oil in the North Sea and the Gulf of Mexico
Today we have
1) People driving Hummers and monster SUV''s
2) Restrictions on oil drilling where there are KNOWN deposits
ANY QUESTIONS????
What alternative energy sources were being developed ten years ago?
How many Hummers were on the road ten years ago?
DRAT THAT CLINTON!
Well, that didn''t happen, so DRILL AWAY!!!
1) Americans stopped driving gas-guzzling big cars
2) We developed more source of oil in the North Sea and the Gulf of Mexico
Today we have
1) People driving Hummers and monster SUV''''s
2) Restrictions on oil drilling where there are KNOWN deposits
ANY QUESTIONS????
Posted by txgrouch2006
Yeah, where is your brain?
1) The oil crisis was caused by an embargo. It ended when the embargo was listed.
2) Drilling in "known" deposits will do little to ease the pain.
Bottom line: Finite amount of oil + increasing demand = high prices. Ya know, supply and demand?
BETTER GET USED TO IT !
Posted by jimfinster at 09:29 PM : Aug 07, 2008
By 1987, we were importing ZERO oil from the Middle East. The embargo was IRRELEVANT.
We were getting ALL our imported oil from the North Sea and the Gulf of Mexico. THOSE SOURCES DIDN''T EXIST IN 1980.
Posted by kazoodan at 09:37 PM : Aug 07, 2008
I did, you betcha. And I disconnected a sparkplug, and I adjustd the choke so that there''s good smoke comin'' from the tailpipe ALL THE TIME!
I''m not gonna let Obama tell me what to do. I''m voting for him, so HE WORKS FOR ME!!!
LOL!
I say drill on the land you''ve got first then you can start asking for more. Why would they let the oil available to them go untouched? Because they don''t need it right now. They have enough oil supply to met the demand(there''s no shortage0 and they are making top dollar on the supply they have.
ALL THE OIL, in all the world, will run out some time in the next 20-30 years. NRO wants you to forget alternative energy sources, forget global warming. But NRO is NOT your friend, they are your enemy. They speak for Big Oil and Big Money, and these powerful interests have no interest in energy sources whose fuel comes, literally, for FREE.
Should WE be the same way???
Posted by jimfinster at 09:29 PM : Aug 07, 2008
By 1987, we were importing ZERO oil from the Middle East. The embargo was IRRELEVANT.
We were getting ALL our imported oil from the North Sea and the Gulf of Mexico. THOSE SOURCES DIDN''''T EXIST IN 1980.
Posted by txgrouch2006
Your "facts" are wrong. The OPEC embargo began Oct 1973, ended March 1974. So you seem to have your dates mixed up.
You are also wrong about 1987. Look it up! In 1987, the U.S. imported 6.5% of our crude from the Persian Gulf.
Should WE be the same way???
Posted by ubrew12
Good words. I would add that we have already plateaued on global production. Within 10 years max we will see declining production, at the same time as increasing demand. The sticker shock has just begun, folks.
It might briefly reduce our imported oil from nealy 70% down to 66%.
Like a heroin addict, it would be one more quick fix, and after it was gone, we sould still be a nation of addicts looking for the next fix.
Are we that pathetic?
Plus, none of our oil is easily accessible like it is in Iraq, Saudia Arabia, Kuwait, Iran, etc etc. In other words our own oil would be way more expensive.
And even that assumes our own oil companies won''t export "our" oil overseas to people who may be willing to pay a lot more.
The party is over folks. It''s over. Cheap prices are not coming back.
It''s 2:00 AM, the bar is closing and the bright lights are coming on. And that sweet little blonde left with that other guy 2 hours ago.
It''s time to go home, sleep it off, and wake up to a new day --- and move on. The past is past.
Can you imagine how hard it would be to drill for that oil? The area is predicted to be free of ice in the summer, within as little as 5 years. But in the Winter it freezes fast and hard.
Can you imagine putting up an oil platform under those conditions. The ocean is 300 feet or so deep. Can you imagine a 200 mile long slab of wind-blown winter sea ice, 5 feet thick, 150 miles long, bearing down on an oil rig?
Good luck finding a crew to work on that one.
And even when they do develop that technology, if they do -- that oil will not be cheap.
I wish people would quit talking about oil under the Arctic Ocean as if it were some sore of cure-all for high prices at the pump.
Additionally, remember what happened with Hurricane Katrina. A few more of those, and what supply we do have now without options will be severely interrupted and the prices again will skyrocket overnight like they did before.
We need to drill now while we reinvent our transportation systems.
If the government can''t see this they are Zombies controlled by the oil industry.
"The Editors" are nothing more than Bush/McCain spin doctors.
very true. maybe it''s time to nationalize the oil industry & pay the oil ceos a civil servant''s wage without any bonuses.
Neocon Mission Accomplished!
Unfortunately for them, there are still laws that we hold elections.
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