I Wish I Had Written That @ Tuesday May 20, 2008 05:52 pm by WunderKraut
Bluto over at The Jawa Report rips the House of Representatives a new one over their stupid bill to force the Justice Department to sue OPEC under U.S. anti-trust laws.
Man, they really do not get it do they?
Several of you have asked me about the high gas prices. Bluto covers why they are high.
It might work if we were the only customer for OPEC oil. You know, if there wasn’t a huge ready market desperate for oil at almost any price. Certainly there are many rapacious villains within OPEC. So what? They’re willing to drill for oil. We aren’t.
It is Congress that has allowed the ban on drilling in ANWR to stand. It is Congress that has not acted to approve drilling in our coastal waters - better that Mexico do it. We have not built a new oil refinery in more than 25 years, and are not building any now, despite the dire warning of Hurricane Katrina, which threatened the few we have. It is Congress that has allowed ignorant, superstitious crackpots to halt nuclear power plants in this country, leaving the generation of electricity up to coal- and oil-fired plants. And it is Congress that allows the states to keep their own idiotic “environmental” recipes for gasoline. Do you remember what your gas mileage was when President Bush suspended the practice temporarily after Katrina? Mine was 25-30% better. Does the vastly reduced mileage under my state’s gasoline recipe help the environment? Seems doubtful.
Geesh, someone buy Congress a basic Econ 101 book that explains Supply and Demand.
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3 Responses to “I Wish I Had Written That - Part 44”

Good luck with that Econ 101 book.
Why deal with your own energy and economic policies when you can just demagogue Big Oil and other Evil Corporations and Lobbyists?
opps I guess my response was too long. It got chopped.
I’ll put it in a post Tejash.You bring up some good points.