Pelosi On President Bush Lifting the Executive Ban on Offshore Drilling

[babylonsister]

http://www.speaker.gov/blog/?p=1431

On President Bush Lifting the Executive Ban on Offshore Drilling
July 14th, 2008 by Speaker Pelosi

Once again, the oilman in the White House is echoing the demands of Big Oil.

The Bush plan is a hoax. It will neither reduce gas prices nor increase energy independence. It just gives millions more acres to the same companies that are sitting on nearly 68 million acres of public lands and coastal areas.

If the President wants to bring down prices in the next two weeks, not the next two decades, he should free our oil by releasing a small portion of the more than 700 million barrels of oil we have put in the Strategic Petroleum Reserve.

It’s time to tell the oil industry: “You already have millions of acres to drill. Use it or lose it.”

[Hydra]

1. OMG

Pelosi not handing Bush what he wants on a silver platter? Or do I have to wait for next week for that?

[Gold Metal Flake]

2. Don't count your chickens before they hatch.

Looks like an even dozen now, lets see how they do.

[Hydra]

5. I'm crossing my fingers

But my cynical reflex is chomping at the bit based on past performance.

[anitar1]

6. Wait for it n/t

[Lautremont]

3. That Touch of Posi.

[IDemo]

4. Nancy is right and wrong

The Bush plan is a hoax. It will neither reduce gas prices nor increase energy independence. - right

Releasing oil from the SPR will bring down prices - wrong, at least not significantly, and not for very long at that. A ten percent release would equal only about 3 days worth of current US usage.

[Initech]

7. Its like I said in another thread - its giving the alchy the keys to the liquor cabinet.

[mdmc]

8. Just agree with him and move on

thats what we do now...

[babylonsister]

12. Maybe it's time to stop that.

I know...:hide:

[mdmc]

13. could be

:toast:

[World Citizen]

9. Why aren't they drilling on what they have already leased?

Why doesn't the media explore/exploit THAT story? Sounds a little fishy in itself. There is probably a scandal or two involved.

[babylonsister]

10. Because they want it all, and they want it now. The oil co's want

total permission to drill anywhere before this admin is history, knowing that the next admin won't be so 'generous'.

[Tierra_y_Libertad]

11. No doubt a sellout..er, "compromise", is in the works.

"Bush to release a small amount of from the SPR in return for offshore drilling"

"Victory in offshore drilling dispute claimed by both sides"

"Gasoline Prices Up again"

[daa]

14. If Polisi is so worried about

drilling and the price of oil she should get us the hell out of IRAQ. And somebody should remind Obama that's waht he WAS going to do.

"From the Sydney Morning Herald (hat tip John Robb):


Mamdouh Salameh believes the oil price would now be no more than $US40 a barrel, less than a third of the current price, if not for the Iraq war.

An oil economist adviser to the World Bank and the UN Industrial Development Organisation, Dr Salameh says that among the world's biggest oil producers, Iraq alone has enough reserves to increase flow substantially. Production in eight others - the United States, Canada, Iran, Indonesia, Russia, Britain, Norway and Mexico - has peaked, he says, while China and Saudia Arabia, the remaining two, are nearing the point of decline. Before the war, Saddam Hussein's regime pumped 3.5 million barrels of oil a day, but this has fallen to just 2 million barrels.

Salameh told a British parliamentary committee last month that Iraq had offered the US a deal, three years before the war, that would have opened 10 new giant oil fields on "generous" terms, in return for lifting sanctions. "This would certainly have prevented the steep rise of the oil price," he said. "But the US had a different idea. It planned to occupy Iraq and annex its oil."

http://www.nakedcapitalism.com/2008/06/did-iraq-war-cause-high-oil-prices.html

[spanone]

15. she needs to go on larry king and say this. hardball...countdown...meet the press..et al

[OwnedByFerrets]

16. When will these idiots

and evidently that includes Pelosi, understand that we (the US) is at 100% refinery production levels. Nothing can be done about the fucking price of oil other than closing the enron loophole and getting the value of the dollar back up. Fucking idiots.:mad:

[MadMaddie]

21. There is another option...the oil companies export about 60% of

the oil that they drill in America.....this number needs to be reduced by at least 40% and the oil should distributed across America...screw the Oil industry they have made their fortunes on the backs of Americans now they need to particpate in keeping America from tanking...

[OwnedByFerrets]

22. It is an option, but its never going to happen.....the other two are

at least possible.:)

[That Is Quite Enough]

17. Well, I'm willing to give Pelosi and her cohorts a chance on this one.

[alfredo]

18. What chance is there that the oil would be sold to the US? The oil

companies have broken records for oil exports this year.

[warren pease]

19. I guess her cut isn't satisfactory... yet

The Bushies will increase the ante from their fossil fuels cronies and sweeten the pot by Friday. She'll have a sudden epiphany by next Monday and will call a news conference to inform us all that she was mistaken about the plan and now firmly supports drilling anywhere and everywhere -- except in her molars.

Ms. Nancy is at her least credible when she tries to come off like a hardass Bushie opponent and enemy of profiteering oil conglomerates everywhere.

Photographic evidence of her ties to the Commander Guy tells a different story. Like this one of her standing by her man...

http://www.smh.com.au/ffximage/2007/03/29/bush_pelosi_wideweb__470x300,0.jpg


Or this one, eyes lifted in joy and wonder as they try to figure out how to sneak out of there before they have to mingle and even eat with all those "coloreds"...




They even let her hang with the snarling cyborg when he's not busy plotting more death and destruction...




If pictures are worth a thousand words, then she can save her breath recanting her brief week of heresy. Everybody knew it was just a matter of time.


wp

[European Socialist]

20. Some blue dog from an oil state will need protection....

so let the cave-in begin.