Here is a lovely gem of a press release from the Democrat Speaker of the House, Nancy Pelosi:
“The President knows, as his own Administration has stated, that the impact of any new drilling will be insignificant – promising savings of only pennies per gallon many years down the road. Americans know that thanks to the two oilmen in the White House, consumers are now paying $4 a gallon for gas. But what Americans should realize is that what the President is calling for is drilling as close as three miles off of America’s pristine beaches and in other protected areas.
“The President has failed in his economic policy, and now he wants to say, ‘but for drilling in protected areas offshore, our economy would be thriving and the price of gas would be lower.’ That hoax is unworthy of the serious debate we must have to relieve the pain of consumers at the pump and to promote energy independence.
“Today, the New Direction Congress will vote on legislation to bring down gas prices by taking crucial steps to curb excessive speculation in the energy futures market. The President himself could lower prices by drawing down a small portion of our government oil stockpile, the Strategic Petroleum Reserve. The New Direction Congress will continue to bring forth responsible proposals to increase supply, reduce prices, protect consumers, and transition America to a clean, renewable energy independent future.”
Let’s take a look at Her Speakership’s wisdom.
“[T]he impact of any new drilling will be insignificant – promising savings of only pennies per gallon many years down the road.” The impact of new drilling will be more oil. That can’t be insignificant, based on her later comments. Besides, I thought long-term planning was a good thing.
“[T]hanks to the two oilmen in the White House, consumers are now paying $4 a gallon for gas.” Nice dig there. “Bush and Cheney are oilmen! Evil! EVIL!” *cue the ominous roll of thunder* If they really had such a huge influence over the oil industry, don’t you think President Bush and Vice President Cheney would have pulled every string they had to get Evil Big Oil to reduce the consumer price of oil and gas?
“[W]hat the President is calling for is drilling as close as three miles off of America’s pristine beaches and in other protected areas.” I’ve been to some of those “pristine” beaches, and they ain’t all that pristine. Besides, would you rather pump oil from areas close to the U.S., or ship it via monstrously huge supertankers like the Exxon Valdez? A broken pipeline can be shut down much faster than a supertanker run aground can be fixed. But Speaker Pelosi really doesn’t care about protected areas like the Arctic National Mosquito Refuge in Alaska as much as she cares about catering to her “Drill Nothing Never” constituents.
“The President has failed in his economic policy, and now he wants to say, ‘but for drilling in protected areas offshore, our economy would be thriving and the price of gas would be lower.’” Democrats often complain that drilling will take 10 years or more before producing any oil. The unspoken ending to that phrase is, “so why bother drilling?” Well, if we had started drilling in ANWR back in 1998, we’d have ANWR oil bringing down gas prices right now. If everyone had the same short-sighted mindset, why would people bother to work on a college degree, which takes years before producing any work benefits? Why have children, when it will take decades before they become self-sufficient? But here’s what’s interesting: liberals are more than happy to hold off doing anything with proven oil technology that will take a known quantity of time to obtain–the “decade” they keep chanting about–but they are willing to wait indefinitely for some new, unproven energy alternative to sweep us off our feet and carry us into a glorious future. I like to daydream about swan-diving into Scrooge McDuck’s bank vault, too, but then I wake up and go to work. My daydream won’t pay today’s bills or put food on the table.
“the New Direction Congress” Oops, looks like the website got that wrong. She really meant to say “the No Drilling Congress.” There, that’s fixed.
“Today, the No Drilling Congress will vote on legislation to bring down gas prices by taking crucial steps to curb excessive speculation in the energy futures market.” Oil futures are already heavily regulated. There is no need to regulate the market further, but as always with liberals, capitalism makes a good scapegoat to beat while chanting the “Drill Nothing Never” mantra.
“The President himself could lower prices by drawing down a small portion of our government oil stockpile, the Strategic Petroleum Reserve.” Here’s a clue for Madam Speaker: the Strategic Petroleum Reserve is for emergencies like making sure there is sufficient oil for the military and critical operations if a war or natural disaster were to disrupt supplies. By the way, did you notice the logical inconsistency here? Speaker Pelosi claims that a small draw-down of oil from the SPR would result in a drop in consumer oil prices, while at the same time maintaining that drilling for oil won’t do so. She can’t have it both ways. But she, and the rest of the Democrats in Congress, are doing whatever they can to keep the price of oil high, primarily by blocking any attempt to increase domestic oil supply, in the hopes that the people will begin to clamor for the magic pixie dust of unknown and unproven energy technology. A one-time pump of a few million barrels of oil from the SPR might temporarily lower the price of gas, but that doesn’t compare to having oil fields consistently pumping out millions of barrels of oil each and every day.
“The No Drilling Congress will continue to bring forth responsible proposals to increase supply…” Really? How about letting America drill for its own oil? Oh, right, the key word is “responsible” proposals, and that means only what she considers responsible. In other words, no oil men need apply, only those with daydream technology.
“… reduce prices …” You can reduce prices by increasing supplies, reducing demand, or doing both. Apparently the strategy of increasing supplies is off the table to Madam “Ain’t Drilling Here” Speaker.
“… protect consumers …” Protect consumers from what? Higher oil and gas prices? *snort* Liberals love being the Nanny State, telling the childish voters what they can and can’t do.
“… transition America to a clean, renewable energy independent future.” These are inspiring-sounding words and they probably felt great rolling off Speaker Pelosi’s tongue, but until that magic “renewable” energy moment happens, how about we drill like crazy to get all the energy we need from our current resources? We could be successful in reaching a “clean, energy independent future” if we had enough energy to power the technology that will presumably make renewable energy possible.
Speaker Pelosi wants the high price of oil to cut both ways. She denies that drilling for a consistent source of oil would bring down prices, but she calls for a one-time release of oil from the Strategic Petroleum Reserve to, um, bring down prices. Of course, the real reason why Democrats are so adamant about not allowing Americans to use their own energy reserves is that they believe Americans will only act to find cleaner, more environmentally friendly energy when the high price of gas has them so mired down that they can’t function any more. When that happens, of course, they’ll look to the Democrats to save them from themselves–and the Democrats, as always, will act in their best interests. OK, my tongue’s out of my cheek now. I have to assume Speaker Pelosi doesn’t expect to see a major change in the oil futures market with a one-time pull of oil from the SPR, but she can point to the temporarily lowered price of gas and say to the voters, “Look, the Democrats made that happen.” Then she can use that leverage to push her own plan of championing “clean” and “responsible” energy ideas, as the price of oil is pushed steadily upward again.
I’d like to have Speaker Pelosi come water my front yard, and then see what she would do when I deliberately put a kink in the hose. I imagine she’d demand that I stop deliberately shutting off the water so she could finish the job. Then I’d lecture at her that water is a precious, limited resource, and even if I unkinked the hose it would take a good long while for the water to reach her. Instead we should work together to find some better, cleaner, more responsible way to get the job done. Think she’d buy it?