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The Politics of Oil
Author: BobR    Date: 07/18/2008 12:44:09

The Republicans have been screaming lately about how important it is to allow offshore drilling. We buy too much oil from foreign countries, they say. Drilling offshore and in the ANWR would help lower gas prices. It's all about supply and demand.

Oh really?

The last issue is simple enough to address. Is there a gas shortage? There certainly was in the 70's. We had lines at gas stations, and some were running out of gas. After hurricane Katrina disrupted the underground pipes that deliver gas from New Orleans to Atlanta, we experienced a temporary shortage, with long lines at the pumps and prices temporarily spiking.

Have we seen any lines at the pump?.... Seen any gas stations running out?....

No.

That's because there really IS no shortage. The spike in gas prices is based on a spike in raw petrol prices caused by a spike in oil futures prices in the commodities market based on greed and speculation.

So why is there so much talk of drilling offshore? Because it's politically expedient. Like taking off one's shoes at the airport is Security Theatre, this is Gas Price Solution Theatre. It's meant to give the illusion that the Republicans are trying to do something about oil prices, but the Democrats are preventing them from saving the country.

Yesterday, in a move completely ignored by the media, the Democrats showed just how hollow the Republicans are with regards to drilling. They introduced the Drill Responsibly in Leased Lands (DRILL) Act, H.R. 6515, the goal of which is as follows (from Nancy Pelosi's website):
  • speeding the development of the National Petroleum Reserve-Alaska (NPR-A) by requiring the Secretary of Interior to offer at least one lease sale annually in the NPR-A.

  • reinstating a ban on the foreign export of Alaskan oil.

  • incorporating the ‘Use It or Lose It’ legislation, which simply requires oil producers to drill on the leases they already have or relinquish them so that another company can produce the oil there.

  • calling on the President to use the powers of his office to facilitate the completion of oil pipelines into the NPR-A and to facilitate the construction of a Alaska natural gas pipeline to the continental United States to move the product to market.

Notice the first item? it says the National Petroleum Reserve-Alaska (NPR-A). Ignorant though I may be, I was not aware this existed. Apparently, we already have land set aside for drilling. So why do they want to drill in the ANWR? Does it have more oil?

No - the NPR-A has MORE oil than ANWR, is land that is already set aside for drilling, and is already 14% leased. That means that there's 86% of the land open for leasing and drilling by any oil company that wants to. I can't imagine why they wouldn't want to unless they figure that it's more profitable to not glut the oil market with extra oil.

The other provisions of the act would force oil companies to "use it or lose it", regarding existing leases for drilling. This would force oil companies to drill the land they already have leased, or lose the leases. Again - why aren't they drilling if they have leases? You already know the answer.

The DRILL Act would be a REAL solution to the problem, suggested by the Democrats. That's two strikes against it in the eyes of the Republicans, so naturally they are against it. The measure failed to reach a 2/3 majority vote, although it was still fairly close at 244-173, generally along party lines. In another textbook example of "projection", the Republicans attacked the Dems:
Republicans accused Democrats of again playing political games, saying the use of the suspension calendar was “all lip service, no leadership.”

"Another week has come and gone without the Democrat Congress taking action to lower gas prices,” Republican Conference Chairman Adam Putnam (R-Fla.) said in a statement. While Speaker Nancy Pelosi (D-Calif.) “insists on pursuing a purely political strategy on the floor of the House of Representatives, record gas prices continue to soak family budgets and leave municipalities in dire straits,” Putnam said.

More lies, more politics, less leadership... Is this the new platform for the Republicans?

To provide more evidence that the Democrats are trying to provide a REAL solution instead of Republican political theatre, Alternet offers The Three Biggest Myths About Offshore Drilling:
  • MYTH #1 -- 'DRILL HERE, DRILL NOW, PAY LESS'

  • MYTH #2 -- CHINA ON OUR COASTS

  • MYTH #3 -- 'NOT A DROP WAS SPILLED'
(read the detail at the link...)

If you have an hour and a half to kill, you can watch the House proceedings yesterday, thanks to C-SPAN. The twisted rationale and outright stupidity and posturing by the Republicans is in stark contrast to the Dems logical commonsense approach.

For a much shorter bit of amusement, however, here's Larry Craig telling us we shouldn't let foreigners "jerk us around by the gas nozzle"... :D

It's way past time to put the offshore and ANWR drilling myths to bed. The oil companies already have leases they aren't using, and there is land in Alaska already lined up for leasing. It's time for them to put up or shut up.


 

274 comments (Latest Comment: 07/19/2008 02:36:19 by velveeta jones)
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Comment by Scoopster on 07/18/2008 12:53:49
Morning all... :coffee:



Grandma died this morning.. I'm bummed.

Comment by BobR on 07/18/2008 12:54:27
Quote by Scoopster:

Morning all... :coffee:



Grandma died this morning.. I'm bummed.


:(



so sorry... :hug:

Comment by wickedpam on 07/18/2008 13:00:45
Morning. :hug:







Scoop! It's hard to loose a Gramma. Always remember she'll be with you every day though.

Comment by clintster on 07/18/2008 13:05:05
Sorry to hear that, Scoopster. Remember the good times.

Comment by velveeta jones on 07/18/2008 13:09:04
Morning all!



Great post BobR. And, get ready fer $6, $7 gas.



Isn't there someone in America smart enough to solve this problem (without destroying our land/sea/air/water).



*Sigh*

Comment by wickedpam on 07/18/2008 13:10:53
Things that are NOT ironic



An old man turned ninety-eight

He won the lottery and died the next day

It's a black fly in your Chardonnay

It's a death row pardon two minutes too late

And isn't it ironic... don't you think



It's like rain on your wedding day

It's a free ride when you've already paid

It's the good advice that you just didn't take

Who would've thought... it figures



Mr. Play It Safe was afraid to fly

He packed his suitcase and kissed his kids goodbye

He waited his whole damn life to take that flight

And as the plane crashed down he thought

"Well isn't this nice..."

And isn't it ironic... don't you think



It's like rain on your wedding day

It's a free ride when you've already paid

It's the good advice that you just didn't take

Who would've thought... it figures



Well life has a funny way of sneaking up on you

When you think everything's okay and everything's going right

And life has a funny way of helping you out when

You think everything's gone wrong and everything blows up

In your face



A traffic jam when you're already late

A no-smoking sign on your cigarette break

It's like ten thousand spoons when all you need is a knife

It's meeting the man of my dreams

And then meeting his beautiful wife

And isn't it ironic...don't you think

A little too ironic...and, yeah, I really do think...



It's like rain on your wedding day

It's a free ride when you've already paid

It's the good advice that you just didn't take

Who would've thought... it figures



Life has a funny way of sneaking up on you

Life has a funny, funny way of helping you out

Helping you out



Comment by velveeta jones on 07/18/2008 13:11:45
Scoopster! So very sorry!



:hug:



Damn, this is going around. Shane-O lost his cat. I lost a friend yesterday. He suffered a stroke (2nd one) and was pulled off Life support.



:(

Comment by TriSec on 07/18/2008 13:12:06
Oh, dear.



I have little pull with deities these days, but I'll try to spend what little capital I have left for you.





Comment by wickedpam on 07/18/2008 13:15:41
"backrgound accessories" love the term

Comment by capt on 07/18/2008 13:18:27
Good morning 4F!



Great post, when will the LIP's (low information people) wake the F up!



I am sad to hear of your G-ma passing Clinster.



My grandparents still live through me, the things they shared in life, the thing they taught me, the example they offered - never dies.



Tradition and family stories live on through the generations.







Comment by Shane-O on 07/18/2008 13:21:45
Quote by Scoopster:

Morning all... :coffee:



Grandma died this morning.. I'm bummed.
Scoop - I'm really sorry to hear that. :(



We're all here for you.



Comment by capt on 07/18/2008 13:22:36
If birth and death are two states of the same being, it seems odd we would celebrate the one and mourn the other but new life is hope and passing is a reflection of time passed.









Comment by TriSec on 07/18/2008 13:23:00
Ah, capt.....



You hit the nail on the head there about our forebears....



I'm playing my grandpa's horn; he's with me every time a blow a note through that thing.



And every major holiday when I'm baking the traditional Italian things, I can't help but think that in every Italian household in the world, there's somebody doing exactly the same thing. My mother taught me that stuff...but she learned at my grandma's knee...





Comment by clintster on 07/18/2008 13:24:58


I am sad to hear of your G-ma passing Clinster.




Actually, it was Scoopster, capt, but that's okay.

Comment by TriSec on 07/18/2008 13:28:32
Oh, I gather I'm the only one here that doesn't particularly care for Frangela?



: drops off, listens to music :



:kickcan:





Comment by livingonli on 07/18/2008 13:29:14
Good morning everyone. :yawn:



So sorry about your Grandma, Scoop.



And I'm amazed I woke up this morning.

Comment by capt on 07/18/2008 13:29:55
Quote by clintster:



I am sad to hear of your G-ma passing Clinster.




Actually, it was Scoopster, capt, but that's okay.




Whoop's - I am worthless without a TON of strong coffee. . .



My condolences Scoopster.





Comment by wickedpam on 07/18/2008 13:30:34
Its okay Tri, we all doen't have to like the same things :hug:



I know in the afternoon I tune into Mike O'Meara (local show) instead of listening to Randi right. She's been giving me a head ache lately.

Comment by capt on 07/18/2008 13:32:09
Quote by TriSec:

Oh, I gather I'm the only one here that doesn't particularly care for Frangela?



: drops off, listens to music :



:kickcan:







I no likely much either but . . . I always think it is unfair to think anybody could fill mama's shoes - they can only fill in. They do okay at that. If they could get the voices a little less grating it would help but it is part of the act I think . . .







Comment by capt on 07/18/2008 13:33:07
XXXL tee shirts that say:



"I beat Anorexia"



(I think I heard it yesterday on the SMS but too funny . . . )

Comment by Scoopster on 07/18/2008 13:34:42
Thanks guys... we've kinda been expecting this for a few years now 'cause she was way up there (would've been 96 this December) so it wasn't a surprise, but it still stings ya know..



Anyways, just got the email from Mom about the arrangements.. goin' up to the family compound on Monday night, then Tuesday & Wednesday to NYC for the services and burial.

Comment by livingonli on 07/18/2008 13:37:03
Quote by wickedpam:

Its okay Tri, we all doen't have to like the same things :hug:



I know in the afternoon I tune into Mike O'Meara (local show) instead of listening to Randi right. She's been giving me a head ache lately.


And I can't listen to Johnny Wendell filling in for Randi.

Comment by Raine on 07/18/2008 13:42:49
Good Morning! Excellent Blog BobR. I watched a good protion of those proceeding live yesterday afternoon, and I was really amazed by our republican leaders. The amount of disinformation out there is just, well, stunning. Off to Digg this baby for the world to see.

Comment by Shane-O on 07/18/2008 13:43:06
Great post BobR - the topic is SO FRUSTRATING...



I only hope that voters will see through the Republican gimics and political game-playing as they did with the gas tax holiday. But it does worry me.



One piece of solid evidence that drilling in ANWAR will NOT lower gas prices - I believe proponents say that drilling there will increase production by 200,000 barrels of crude oil per day.



A few weeks ago, OPEC increased its output by 200,000 barrels per day.



Anyone see a decrease in gas prices? ... Anyone?... Bueller?

Comment by TriSec on 07/18/2008 13:43:12
Johnny is "Scary Rant Man", yes?





Well, I suppose I could always listen to Thom later...I usually drop off then for my music fix.





Comment by livingonli on 07/18/2008 13:46:59
Good morning Raine. :waves southward:

Comment by livingonli on 07/18/2008 13:48:20
Quote by TriSec:

Johnny is "Scary Rant Man", yes?





Well, I suppose I could always listen to Thom later...I usually drop off then for my music fix.





Yes he is. A lot of us got that first exposure to him when he was filling in for Steph before Auntie Elayne came in.

Comment by Shane-O on 07/18/2008 13:49:10
Tri - I've always meant to ask this, but didn't want to seem stupid - or that I just missed it (which I obviously am, and did!) - so here goes... what instrument(s) do you play?



(musician here too)

Comment by Raine on 07/18/2008 13:51:16
Don't know if this was posted on the blog yesterday...



For clues about who might be next to get a show on MSNBC, viewers need not have looked further than “Countdown” earlier this month. For eight nights beginning just before the Fourth of July, Rachel Maddow, the host of a program on Air America, the liberal talk-radio network, served as a substitute for the vacationing Keith Olbermann.



“At some point, I don’t know when, she should have a show,” said Phil Griffin, hours before he was promoted on Wednesday to president of MSNBC. “She’s on the short list. It’s a very short list. She’s at the top.”



At the moment every slot at night on MSNBC is taken, with David Gregory at 6 handing off to Chris Matthews at 7, and with Dan Abrams at 9 following Mr. Olbermann at 8. But some shuffling could be in the offing; Mr. Matthews’s contract, for example, is up next year.



For her part, Ms. Maddow, who has been a ubiquitous presence as a political analyst on MSNBC this campaign season, said she is ready whenever the call should come. To hasten that process, she recently hired Mr. Olbermann’s agent, Jean Sage.




:clap:

Comment by velveeta jones on 07/18/2008 13:52:06
please don't gush over Chris It will just go to his head. :lol:

Comment by capt on 07/18/2008 13:52:06
I play piano/keyboards - I enjoy it very much!



(my 2 cents worth)

Comment by capt on 07/18/2008 13:53:27
Quote by Raine:

Don't know if this was posted on the blog yesterday...



For clues about who might be next to get a show on MSNBC, viewers need not have looked further than “Countdown” earlier this month. For eight nights beginning just before the Fourth of July, Rachel Maddow, the host of a program on Air America, the liberal talk-radio network, served as a substitute for the vacationing Keith Olbermann.



“At some point, I don’t know when, she should have a show,” said Phil Griffin, hours before he was promoted on Wednesday to president of MSNBC. “She’s on the short list. It’s a very short list. She’s at the top.”



At the moment every slot at night on MSNBC is taken, with David Gregory at 6 handing off to Chris Matthews at 7, and with Dan Abrams at 9 following Mr. Olbermann at 8. But some shuffling could be in the offing; Mr. Matthews’s contract, for example, is up next year.



For her part, Ms. Maddow, who has been a ubiquitous presence as a political analyst on MSNBC this campaign season, said she is ready whenever the call should come. To hasten that process, she recently hired Mr. Olbermann’s agent, Jean Sage.




:clap:




I did post that (as a short quote) but good posts deserve being posted more than once!







Comment by TriSec on 07/18/2008 13:54:44
Quote by Shane-O:

Tri - I've always meant to ask this, but didn't want to seem stupid - or that I just missed it (which I obviously am, and did!) - so here goes... what instrument(s) do you play?



(musician here too)






<-- TriSec and his Trumpet (yes, that was pulled especially for me!)



Third generation, actually. My father and both grandfathers were pros; my great-grandfather played valve trombone as an amateur in a North End marching band about 80 years ago now....



Although I'm a hack; I was in a big band last year, but it dissolved. Looking to get into a group at the school again in the fall.





Comment by BobR on 07/18/2008 13:55:42
Comment by Raine on 07/18/2008 13:56:17
Quote by Scoopster:

Thanks guys... we've kinda been expecting this for a few years now 'cause she was way up there (would've been 96 this December) so it wasn't a surprise, but it still stings ya know..



Anyways, just got the email from Mom about the arrangements.. goin' up to the family compound on Monday night, then Tuesday & Wednesday to NYC for the services and burial.


AWw Scoop. I am so sorry for your loss.

Comment by capt on 07/18/2008 13:57:23
And Shane-o plays . . .. .

Comment by wickedpam on 07/18/2008 13:57:24
Oh I like that



Mandate: the tryrany of a small majority

Comment by BobR on 07/18/2008 13:58:17
Quote by capt:

I play piano/keyboards - I enjoy it very much!



(my 2 cents worth)


I play guitar and keyboards. I played in an 80's band (in the 80's, natch), and a 90's band in the early 90's (funny how that works).



Tuesday night I participated in an Open Mic Night at a local pub, which was the first time I played "live" in about 15 years... I was VERY nervous , but I think I did okay...



Comment by velveeta jones on 07/18/2008 13:58:45
Hey Bunny. I'm sending you a PM.

Comment by Shane-O on 07/18/2008 13:59:17
Quote by TriSec:

Quote by Shane-O:

Tri - I've always meant to ask this, but didn't want to seem stupid - or that I just missed it (which I obviously am, and did!) - so here goes... what instrument(s) do you play?



(musician here too)






<-- TriSec and his Trumpet (yes, that was pulled especially for me!)



Third generation, actually. My father and both grandfathers were pros; my great-grandfather played valve trombone as an amateur in a North End marching band about 80 years ago now....



Although I'm a hack; I was in a big band last year, but it dissolved. Looking to get into a group at the school again in the fall.



Very cool! I was thinking trumpet or saxophone. I think you mentioned playing "lead" a few weeks back - perhaps why I couldn't figure out which. (Although, the trombone section has a "lead" too... me - I was the low point... bass trombone...)







Comment by Raine on 07/18/2008 13:59:31
:redface: sorry for double posting the article guys..

i was WAY out of it yesterday. Feeling much better today.

Comment by Raine on 07/18/2008 14:00:49
Quote by velveeta jones:

Hey Bunny. I'm sending you a PM.


I'll keep an eye out for it!

Comment by Shane-O on 07/18/2008 14:03:06
Quote by Raine:

:redface: sorry for double posting the article guys..

i was WAY out of it yesterday. Feeling much better today.


I'm glad you're feeling better, Raine! :hug:



(And it was worth reading twice... )

Comment by Shane-O on 07/18/2008 14:05:47
I think I'm still drunk...

Comment by velveeta jones on 07/18/2008 14:07:00
Quote by Shane-O:

I think I'm still drunk...


and that's bad.......?



Comment by Mondobubba on 07/18/2008 14:08:15
Scoop, dude! Sorry about Grandmamma Scoop! :hug:

Comment by TriSec on 07/18/2008 14:08:28
Well, except for Bob then, we have enough for a wee jazz combo?



Anyone play drums?





Aside to Bob: Weeks ago (months?) when I was working on the "Rhythm" changes in all keys, you had asked why I would learn a tune in another key signature....



For some horn players, the original key signature is often too high or too low, or out of the range of a particular instrument, and it might make sense to transpose up or down to make it 'easier' to play. The rest of the group would also have to correspondingly transpose their parts so the harmony stays intact. ("Blue Bossa" being an example...I could never play it as written, so it was helpful to move it down a third so I could hit all the notes. I can reach the high A now...)



Or, you could be out on a gig, and a band leader being a putz might call for "Scrapple from the Apple" in D flat minor, or something. You better know how to play that...





Comment by livingonli on 07/18/2008 14:08:31
Quote by Shane-O:

I think I'm still drunk...


If you're not hung over yet, you must have gotten pretty tanked last night.

Comment by Shane-O on 07/18/2008 14:08:40
Quote by velveeta jones:

Quote by Shane-O:

I think I'm still drunk...


and that's bad.......?

Shh.... not so loud... oh, you weren't yelling :cheese:?



My bad...

Comment by velveeta jones on 07/18/2008 14:09:24
Sounds like this "t-shirt" guy had a "theme" going. Hmmmm? Just sayin' - a real visionary artist/satirist would have branched out.