Jun
Full-Nelson: John McCain v. Barack Obama on High Gas Prices
Posted by admin as Gas Prices
A new television spot airing in key battleground states that contrasts John McCain and Barack Obama’s plans for dealing with America’s energy crisis. This week’s news—another quarter of billions in record profits for Big Oil—underscores why America cannot afford another president who sides with Big Oil instead of consumers.
Duration : 0:0:30
Jun
Countdown: New McCain Attack Ad On Gas Prices
Posted by admin as Gas Prices
Rachel reports on the new John McCain attack ad trying to blame Barack Obama for high gas prices. Chris Kofinis weighs in.
Duration : 0:6:9
Jun
KO Countdown : McCain 080618 : Gas Prices & Enron
Posted by admin as Gas Prices
MSNBC
Countdown
2008-06-18
McCain, gas prices & the Enron loophole
A Countdown Special Report on how John McCain’s chief economic advisor & others in his campaign helped create & defend pivotal legislation that unleashed speculators to run up gas prices.
***
Source
httpp://msnbc.com
Duration : 0:8:57
May
Keith Olbermann On McCain’s Ties To Gas Prices
Posted by admin as Gas Prices
Keith Olbermann obliterates John McCain and Phil “Enron” Gramm.
Duration : 0:9:2
Mar
Countdown: Gas Pains and the Enron Loophole
Posted by admin as Gas Prices
Keith reports on more of McCain’s lobbyist problems relating to the high gas prices and his campaign staff that worked to make sure the Enron loophole has not been has not been closed by the CFTC.
Duration : 0:8:52
Feb
Countdown Special Report: McCain’s Tie’s To High Gas Prices
Posted by admin as Gas Prices
Keith Investigates the price of oil and uncovers the reason for high oil and gas prices. The Enron Loophole. The Enron Loophole is just as it states, it’s a loophole in the law that lets traders manipulate oil and gas prices. However, every attempt to close this loophole has been blocked by Joh McCain and his K Street buddies. That’s right lobbyists and the McCain campaign has blocked the close of this loophole.
Duration : 0:9:13
Feb
Liberals (Democrats) Want High Gas Prices.
Posted by admin as Gas Prices
Let’s start with Ultra Liberal Number One. Obama said; “I think that I would have preferred a gradual adjustment. The fact that this is such a shock to American pocketbooks is not a good thing. But if we take some steps right now to help people make the adjustment, first of all by putting more money in their pockets, but also by encouraging the market to adapt to these new circumstances more rapidly, particularly U.S. automakers…”.
The Democrats have always wanted to tax gas up to its current price; they just never had the guts. That’s why they’ll just around and act like they’re doing something to lower gas prices, when in reality, they love it, it’s their dream come true. I’m sure everyone knows why the Democrats want the high gas prices; it’s to encourage alternate forms of energy and transportation. But I think they can’t help themselves it’s just because they love to raise taxes, and they want so badly to be like the Europeans. Apparently they have no concern for the hard working Americans who are going broke in the process.
I’m tied of their lame excuses for not drilling for oil. They tell us that drilling for more oil will not help our circumstances. Yes it will. The first thing that it will do, if the World believes we are serious about massively extracting our own oil reserves, is have an effect on the speculators who are driving up the price of oil. They will no longer see such a bleak picture of future supplies. But even if this does not happen, what’s wrong with us using our own oil, and keeping our own money, in our own country? Our trade deficit is bad enough. They say; oh if we start now, we won’t see any results for ten years. That’s what they’ve been saying for the last ten years; let’s get this show on the road.
This is a post I found on the Heritage Foundation Blog sight.
When the Democrats were still in the minority, Americans were paying $2.91 a gallon on average for gasoline. At the time, Minority Leader Nancy Pelosi (D-Calif.) promised “a commonsense plan to help bring down skyrocketing gas prices by cracking down on price gouging, rolling back the billions of dollars in taxpayer subsidies, tax breaks and royalty relief given to big oil and gas companies, and increasing production of alternative fuels.” This is standard boilerplate for liberal politicians when Americans complain about gas prices: blame Big Oil greed for high gas prices and promise that big government investment in alternative fuels will save the day.
Now that Democrats have been in power for 18 months, the average national cost for a gallon of gasoline is over $4 and the only change in Pelosi’s policy has been to add OPEC to her list of people to blame. Nobody seriously believes that any of these policies are capable of reducing gas prices in the short term. OPEC countries are not about to start pumping more oil because Pelosi says so, and even the New York Times openly mocked the House investigations on oil market manipulation.
The other items on the liberal gas-price-lowering agenda–increasing oil company taxes and mandating biofuel use–only increase the price of gas. Raising taxes on the cost of capital for oil production decreases supply and raises prices. In the short term, tax-paying corporations tend to recoup increased tax payments in the form of higher retail prices. The billions of dollars necessary to build the infrastructure to meet the more than doubling of the biofuels mandate also can only raise the price at the pump today. Now liberals in the Senate want to institute a Hugo Chavez-like windfall profits tax, a policy that only raised energy prices in the 1970s under Jimmy Carter.
But Dems keep encouraging the delusion that high fossil energy prices–particularly gas prices–are some sort of weird aberration resulting from the greed of oil executives or Saudi intransigence. They keep encouraging the delusion that with a few policy gimmicks we can bring those prices back down. … As long as Americans think that energy prices might go back down at any moment–that the cheap-energy good times of the ’90s are but a “windfall profits tax” away–they won’t support a policy they’re told will increase those prices. They need to be told the truth.
Roberts is right. Americans need to be told the truth. Liberals in Congress have been fighting to raise the price of gas for years. According to Sen. Chuck Schumer (D-N.Y.), the daily oil production from the Arctic National Wildlife Refuge would reduce the price of gasoline by 50 cents. Liberals in the White House and Congress have been blocking the development of this oil for more than a decade now. Billions of barrels of oil in Colorado, Utah and Wyoming have also been restricted, not to mention the billions more denied from offshore drilling.
Duration : 0:2:58
Feb
If Oil Industry Profits Are Up, Why Aren’t Gas Prices Down?
Posted by admin as Gas Prices
Complete video at: http://fora.tv/fora/showthread.php?t=1519
American journalist Jim Lehrer questions Chevron Corporation’s Vice Chairman Peter Robertson as to why record profits for the oil industry have not resulted in lower gas prices for consumers.
—–
A Conversation About Oil with Chevron’s Peter J. Robertson and Jim Lehrer in discussion at the 2007 Aspen Ideas Festival.
Some of the most inspired and provocative thinkers, writers, artists, business people, teachers and other leaders drawn from myriad fields and from across the country and around the world all gathered in a single place – to teach, speak, lead, question, and answer at the 2006 Aspen Ideas Festival. Throughout the week, they all interacted with an audience of thoughtful people who stepped back from their day-to-day routines to delve deeply into a world of ideas, thought, and discussion.
Jim Lehrer is the anchor and executive editor of PBSs The NewsHour with Jim Lehrer. He came to Washington with PBS in 1972, teaming with Robert MacNeil in 1973 to cover the Senate Watergate hearings. They began in 1975 what became The MacNeil/Lehrer Report, and, in 1983, The MacNeil/Lehrer NewsHour, the first 60-minute evening news program on television. When MacNeil retired in 1995, the program was renamed The NewsHour with Jim Lehrer. Lehrer has been honored with numerous awards for journalism, including a presidential National Humanities Medal in 1999. In the last five presidential elections, he moderated ten of the nationally televised candidate debates. Lehrer has written 16 novels. His latest, The Phony Marine, was published in November 2006. He also has written two memoirs and three plays. His 17th novel, Eureka, will be published in fall 2007.
Peter J. Robertson is vice chairman of the board of directors for Chevron Corp., responsible for strategic planning, policy, government and public affairs, human resources, and corporate compliance. Previously, he directed the companys worldwide exploration, production, and global gas businesses. He was president of Chevron Overseas Petroleum Inc., president of Chevron USA, and president of Warren Petroleum Co., Chevrons former natural gas liquids subsidiary. He chairs the US Energy ociation and is a past director of Sasol Chevron Holdings Ltd., Dynegy Inc., and Caltex Petroleum Corp. A native of Edinburgh, Scotland, he graduated from Edinburgh University and the Wharton School at the University of Pennsylvania.
Duration : 0:5:34
Feb
Offshore drilling is not the answer to high gas prices
Posted by admin as Fuel Prices
There have been a lot of discussions about the high gas prices in USA the past months and what exactly should be done to curb this trend. Some politicians, like McCain, Bush, and Gingrich, are taking advantage of the situation and tries to push for the ending of a 27-year moratorium on offshore drilling along the coastlines of USA.
But offshore drilling is not a “quick fix” and it won’t help to lower the gas prices. The only ones that will profit from this are Bush and McCain’s friends in the oil industry. While people are suffering from the high gas prices the oil companies are reporting record profits after record profits.
“The United States burns 24 percent of the world’s oil, yet we only have 3 percent of the world’s oil reserves. Even if we drilled every drop of oil the U.S. has on shore or off its coasts, we will never be able to drill our way to lower oil prices or energy security. We simply burn more than we could ever drill.”
“Offshore oil drilling is not a short-term fix. It would take at least a decade to bring new leases into production. And, it will be years before exploration could begin and years after that before production would start. If any effect were to be felt on gas prices (most likely only a few pennies per gallon), that effect is decades away.”
“Offering up more of our coastline for drilling won’t lower gas prices. Since President Bush took office in 2000, the number of wells in federally leased areas has increased exponentially, yet gas prices have doubled during that same time. Yet, this type of evidence is never mentioned in the media or by proponents for offshore drilling.”
“Another reason that drilling for more oil in the U.S. won’t result in lower gas prices is because oil prices are set on the global oil market. What this means is that all oil produced around the world is sold all at the same price. There is no guarantee that we would even be using the oil that was drilled here in the U.S. And, we certainly wouldn’t get a discount just because we drilled for it on U.S. soil. We would pay the same rate as the rest of the world.”
[Source: http://www.greenpeace.org/usa/news/offshore-drilling-it-s-not-t ]
The only things that will lower the fuel prices, create more jobs, solve the climate crisis and fix this fragile economy is to invest in clean renewable energy sources, setting strict mpg standards for all automobiles and transform our current society to a sustainable one.
Going green will fix many problems, one of them are high gas prices.
Duration : 0:2:24
Feb
McCain, Enron and Gas Prices
Posted by admin as Gas Prices
Keith Olbermann investigates the Enron Loophole and how it affects our current gas price crisis. He also shows how John McCain may be behind this problem.
Duration : 0:9:13
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