This video is from June 24, 2008.
Today, GW Bush announced in the Rose Garden a plan to lift an executive ban on offshore drilling that has stood since his father was president.
Why is that necessary when the oil companies already hold leases to 68 MILLION ACRES of Federal land that they have done NOTHING with.. What is really going on..?
Listen to what Senator Boxer has to say.
Here is an interesting article (with photos) on Huffington Post:
The Santa Barbara Oil Spill of 1969: A Lesson In Offshore Drilling:
The Bush administration’s latest plan to drive down skyrocketing oil prices by lifting the executive ban on domestic offshore drilling has revived an old question in American politics: is such drilling ecologically responsible? The Washington Post today recalls when this kind of offshore drilling lead to disaster…
4 Comments
July 14, 2008 at 12:45 pm
Copy of an earlier comment with additional stuff:
Muse, I’ve got a link for you. So all we need to do is open up lands and drill drill drill right to get prices down at the pump. The market will work if we let it right?
Guess what the market’s doing?
http://www.cnbc.com/id/25518912
The market is exporting record amounts of gasoline, diesel and other distillates…..
And then look at refinery utilization (from an article on the Oil Drum):
http://www.theoildrum.com/node/4255
Oil refineries exporting a record quantity of gasoline and at recent year-on-year lows for utilization so that they are creating a shortage….. WTF?
Goes back to my thesis that the oil belongs to the taxpayer *only* as long as no one digs it up. Dependency on ‘foreign oil’ – all oil is ‘foreign’ once it is on the market. That oil in ANWR? Those tankers will make a sharp right turn out of Prince Willy Sound (that’s your other right, Captain Hazlewood) and sail to China depending on who shalls out the right price.
July 14, 2008 at 12:59 pm
Thanks Terry. I posted it.
July 14, 2008 at 4:59 pm
“Let us rid ourselves of the fiction that low oil prices are somehow good for the United States”
Rep. Dick Cheney, US Congress, 1986
- whoring for the oil companies for over thirty years!
July 15, 2008 at 3:44 am
When Bush took office, gas was $1.46.