Friends,
Bush is trying to line his nest before he leaves. This administration is asking to open the Outer Continental Shelf for drilling. But, without, any concessions. After creating the oil price conundrum, they now want more. "Some of those proposals, especially the oil industry taxes and a national renewable energy requirement for power companies, have been strongly opposed by Republicans."
Dems are conceding because they hate being, wrongly, accused of creating high gas prices. The bill needs to include more taxing and more renewable energy reqquirements. Why do we let the rich, big oil bastards continue to drill us in the pocket?
Big Oil is using a crisis to add to their riches. Fucking sick.
Peace and Love,
Rev O
Bush Calls for More Offshore Drilling Washington Post
"WASHINGTON -- President Bush says if Congress doesn't permit offshore drilling to increase U.S. oil supplies and possibly ease gasoline prices, lawmakers should not expect voters to support them in November."
"In his Saturday radio address, Bush said experts claim the Outer Continental Shelf could eventually produce nearly 10 years' worth of U.S. oil production. Yet while record fuel prices have focused more attention on increasing domestic energy production, experts also note that lifting the congressional ban on offshore drilling wouldn't produce more oil for five to seven years."
"Congress broke for its August recess without finding agreement on how big a role expanded domestic oil and gas production should have in a broader energy bill. Lawmakers return on Monday for a three-week session before leaving again to campaign for the November elections."
"There are glimmers of movement on an energy bill, which has eluded Congress all year, mostly over Democratic reluctance to open up more offshore areas to oil drilling."
"House Democrats will push for an energy plan that includes limited expansion of offshore drilling, requires power plants to use alternative fuels and demands oil companies pay additional royalties, a Democratic congressman said Saturday."
"Some of those proposals, especially the oil industry taxes and a national renewable energy requirement for power companies, have been strongly opposed by Republicans."
"Republican John McCain supports offshore drilling, and Democrat Barack Obama would consider a limited increase in drilling."
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment