monkey_man wrote on May 9
th, 2008 at 2:45pm:
Riffy,
Increased demand and a finite supply are the true reasons for the price of oil. Established oil fields around the world have been reporting double digit decreases in output. The worlds supply of easily obtainable oil is shrinking, quickly. Peak Oil anyone? ANWAR's reserves are estimated to contain 1-2 year supply of the US's consumption, tops. Last time I looked there were plenty of oil rigs in the Pacific, and Gulf of Mexico. The worlds largest refinery is under construction in India that is projected to provide us 20% of our refined oil. If the Democrats have been the biggest obstacle to allowing unfettered access to US resources, shouldn't this have been undone between 2002-2006 when the Republicans had the House, Senate, and the White House (and the Judiciary as a back up)?????
MM
Monkey-man the Republicans DID pass the Senate bill to drill in ANWAR, but the Dems blocked them! In 2005 Bush helped drive the bill through congress where it was killed by the threat of a filibuster by the Democrats!
http://seattlepi.nwsource.com/local/216352_anwr17.htmlLikewise they have killed every single bill to drill off the coast of the Atlantic, the Pacific, and the Gulf of Mexico. They are also responsible for every effort to stop the building of more refineries in the US.
If this bill would have been passsed back in 1998 we would already be feeling the affects at the pump. The estimate oil deposits in ANWAR is roughly 10.4-11 billion barrels of retrievable oil! Not to mention the hundreds of billions of barrels of untapped in the oceans. Then we come to the shale deposits that were discovered a month or so ago under Montanna and North Dakota. That deposit alone has been calculated as the largest oil deposit in the Western Hemisphere! The Dems have already said no to drilling there too!
As I said before. The Democrats are almost solely responsible for the lack of our own oil production and refining capabilities. Thems just the facts my man. And they are facts that are right now being felt at the pumps. So where does the media lay the blame? You got it. Bush! It's Bush's fault! Again. Some people are just dupes that are ignorant of the facts. That's the way the DLM and the liberal cabal wants people to think.
Riffy