Bull shipping

We did the post on electric cars as a lead-in to
this post but ended up confused again after all
the press conferences this morning. We could care
less where our president was born or if Trump feels
he is the one who caused it to be shown.

While these press conferences were going on we
lost eight soldiers and a contractor in Afghanistan.
That should have precluded any trivial non-news
conference.

Obama proclaimed he was working on “problems” and
couldn’t be bothered about his birth certificate,
while Trump patted himself on the back and declared
that gas would go up to $6 or $7 a gallon. And
those who volunteered to defend our country died.

If something isn’t done about the current rate of
gas prices, let alone a rise in prices, our
economy will not grow. For this we blame Obama
because he can reverse the upward price trend
quickly and easily.

Some of us have been telling him the answer for
some time. As is his way, instead of following the
advice, he mocks the messenger. The answer my
friend isn’t written in the wind but lies with
“drill baby drill”.

Lift the moratorium on offshore drilling, allow
more drilling and lift the government restrictions
on the oil industry. DO NOT stop the subsidies
to oil companies to obtain your goal of sky-high gas
prices. It will not get us into electric cars.

There is an upside to this debacle however. If
Obama continues to ignore the rising gas prices
he will not get back in the White House in 2012.

We do feel that he will lift the moratorium at
some point between now and the election. He will
not do it for the right reasons but only because
he will believe it will give him another four years
as our poser in chief. Do not be fooled by this
bull he will be shipping.
Comments are always welcome.

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6 Responses to Bull shipping

  1. Anonymous says:

    The moratorium on drilling in the Gulf of Mexico was lifted October 18, 2010. Not sure what your taliking about. Drilling continues in Alaska (not everywhere) and the people of California don’t want drilling off their shores (that darn local control thing again). So drilling is going on and I don’t see the prices coming down. Hmmmm.

  2. cruisin2 says:

    Contrary to what most people believe, there is a De Facto moratorium
    on drilling.
    All is not as good as some think in Alaska
    either.

  3. Anonymous says:

    The facts do not agree. The US is pumping 1.5 million barrels more per day then they did five years ago and are the third largest producer of oil in the world. Besides, if we pump more, then OPEC will pump less. We cannot control the amount of overall production because of other producers. The overall output (supply) and demand will ultimately control the price. The president has very little say over the matter.

  4. cruisin2 says:

    Anonymous,
    The VooDoo math doesn’t add up.
    The U.S. produced 8.37 million barrels of oil a day in 2006.

    The U.S. produced 5.51 barrels of oil a day in 2010
    and that number is projected to decrease by 50,000 barrels a day in 2011 and by 190,000 barrels in 2012

    No matter how we run the figures, that is not an increase.

  5. Anonymous says:

    We were also exporting over 2 million barrels per day in 2006 (although I don’t know to whom or why). OUr consumption is still no. 1 at over 20 million barrels per day, and no matter how much you drill you are not going to get to 20 million barrels per day. And again, as long as OPEC controls how much they produce, we will have very little say in how much it cost. Your idea that somehow the POTUS can set the price of gas or oil is flawed.

  6. cruisin2 says:

    Anonymous,
    We’ll just have to agree to disagree. We not only know he Obama can lower the gas prices but also predict he will before the election. He has to if he wants to back in.

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