Bush Does It Again--Part Deux

[BellBoy]

Bush Eases Environmental Rules On Gasoline

For those that might want to know what dumbass had to say today about his deep, deep concern for us and the planet...Bush's stratergery

I'd laugh at this next quote, but it's so typical and repeated that it's lost it's punch:

Originally posted by Bush
Before I talk about energy I do want to share with you some thoughts about the war on terror.

[TonyPSchaefer]

The third part of the plan to confront high gas prices is to boost our supplies of crude oil and gasoline.

It makes sense. We're in a supply-and-demand world. If prices are high, it means demand is greater than supply. One way to ease price is to increase supply. [/b]

Oh yeah, that makes perfect sense. Let's increase the supply of a limited resource just to ease the cost this year. How much are we going to increase the supply next year and the year after that? He'll still be president; let's see how he does it when prices are $3.50 next year and $4.00 the year after.

[dbermanmd]

<div class='quotetop'>QUOTE(TonyPSchaefer @ Apr 25 2006, 02:48 PM) [snapback]244962[/snapback]</div>

Oh yeah, that makes perfect sense. Let's increase the supply of a limited resource just to ease the cost this year. How much are we going to increase the supply next year and the year after that? He'll still be president; let's see how he does it when prices are $3.50 next year and $4.00 the year after.
[/b]

It is not a limited supply - it is limited because of artificial barriers placed by ourselves - that is the problem. There is enough oil located on this planet for at least another 400+ years of consumption at current rates (tar sands, oil shale, ANWAR, off our coastlines)

[dsunman]

<div class='quotetop'>QUOTE(TonyPSchaefer @ Apr 25 2006, 02:48 PM) [snapback]244962[/snapback]</div>

Oh yeah, that makes perfect sense. Let's increase the supply of a limited resource just to ease the cost this year. How much are we going to increase the supply next year and the year after that? He'll still be president; let's see how he does it when prices are $3.50 next year and $4.00 the year after.
[/b]

I think he clearly indicates this as a forthcoming incumbents problem. Obviously there are enough strategic oil reserves to keep the prices at check till he will leave the office, let's tap into it now and appease the 'bitches'.

Last years memoranda revisited again, same lip service, same photo op, nothing else.

[BellBoy]

After reading this again to find some choice cuts the lead of the story finally sank in...

President Bush on Tuesday ordered a temporary suspension of environmental rules for gasoline, making it easier for refiners to meet demand and possibly dampen prices at the pump. He also halted for the summer the purchase of crude oil for the government's emergency reserve.[/b]

Even the writer didn't think this would work! Holy crap!

Here's another gem from "Dr." Frist:

"There is no silver bullet," Frist said Tuesday on ABC's "Good Morning America," but "we need to make sure that any efforts at price-gouging be addressed and addressed aggressively." Meanwhile, Frist said, consumers should take steps to conserve gasoline — drive at slower speeds, tune up car engines for maximum efficiency and carpool.[/b]

Wow...not a single mention of developing alternative sources of energy--no hybrids--no nothing. Just go get your Hummer tuned up--that'll fix everything. Loser.

This one from El Busho gives me pause...

Our addiction to oil is a matter of national security concerns. After all, today we get about 60 percent of our oil from foreign countries. That's up from 20 years ago, where about 25 percent of our oil came from foreign countries.

Now, part of the problem is that some of the nations we rely on for oil have unstable governments or agendas that are hostile to the United States. These countries know we need their oil and that reduces our influence, our ability to keep the peace in some areas.[/b]

Does that last part mean what I think it does? Does the USA, in order to keep the crude flowing, hold back on peace keeping activities? It could mean anything...holding back in favor of or otherwise. Are we turning our back on countries that need our help to feed our oil appetite?

George W. Rainman strikes again:

The problem is that these tax credits apply to only a limited number of hybrid and clean diesel vehicles for each manufacturer. If the automakers sell more than their limit, new purchasers are not eligible for the full tax credit.

And so here's an idea that can get more of these vehicles on the road, and that is to have Congress make all hybrid and clean diesel vehicles sold this year eligible for federal tax credits.[/b]

That's a GREAT idea...while we're at it, let's make all tractor trailers that have working turn signals exempt from hitting the weigh stations. How about anyone that has a beanie with a propeller be exempt from filing a tax return. All hybrids are not energy efficient--which has be covered here ad nauseum. It would be idiotic (sense a theme?) to give all that money away...if you're going to reward people for buying a fuel efficient hybrid, how about killing the AMT for those people so everyone can actually get the reward? Asshat.

[naterprius]

<div class='quotetop'>QUOTE(dbermanmd @ Apr 25 2006, 12:57 PM) [snapback]244972[/snapback]</div>

It is not a limited supply - it is limited because of artificial barriers placed by ourselves - that is the problem. There is enough oil located on this planet for at least another 400+ years of consumption at current rates (tar sands, oil shale, ANWAR, off our coastlines)
[/b]

400 years? Care to cite a source? Even if that were true, what matters is rates. When the rate of consumption outpaces the rate of supply, then we hit what's called "peak oil." After peak oil, oil will cost more. LOTS more. It doesn't matter how much there is; as long as the rate of supply is tight, then there will be higher prices.

Nate

[dsunman]

<div class='quotetop'>QUOTE(naterprius @ Apr 25 2006, 06:10 PM) [snapback]245109[/snapback]</div>

400 years? Care to cite a source? Even if that were true, what matters is rates. When the rate of consumption outpaces the rate of supply, then we hit what's called "peak oil." After peak oil, oil will cost more. LOTS more. It doesn't matter how much there is; as long as the rate of supply is tight, then there will be higher prices.

Nate
[/b]

Valid point

The easy oil to extract is all tapped, the rest is hell of more expensive to extract so the costs will only go up.

[daniel]

Oil will never run out. It will just get so expensive that nobody can afford to buy or use it. What happens to our economy when gas costs a thousand dollars a gallon, if we have not put renewable energy in place?

Gutting the environmental regulations will lower immediate costs by a few pennies, but the real cost will be a return to the bad old days when companies dumped raw filth into the air and water.

[JackDodge]

<div class='quotetop'>QUOTE(dsunman @ Apr 25 2006, 06:19 PM) [snapback]245118[/snapback]</div>

Valid point

The easy oil to extract is all tapped, the rest is hell of more expensive to extract so the costs will only go up.


[/b]

It'll go up until it gets too expensive to extract. Eventually, it'll take more energy to extract the oil than the energy that we'll get out of it. Once that happens, it won't make economic sense to extract it any longer. It would be similar to spending $100 to make $10.

[dsunman]

<div class='quotetop'>QUOTE(JackDodge @ Apr 25 2006, 08:56 PM) [snapback]245218[/snapback]</div>

It'll go up until it gets too expensive to extract. Eventually, it'll take more energy to extract the oil than the energy that we'll get out of it. Once that happens, it won't make economic sense to extract it any longer. It would be similar to spending $100 to make $10.
[/b]

Although I've never had a pleasure to ever exchange thoughts wth you, it's nice to see you back.

What a day, maggieddd and JackDoge are back.