Price falls, Elders Speak.
Hey folks,
Did you see what happened to the price of oil when the President gave that Press Conference yesterday? It fell nearly $8.00 dollars. It squeaked back up a bit, but at the end of the day, it was down $6.44 over all.
Most people get it. Remember what I have been telling you? Just the mere possibility of us drilling our own oil will bring the price down. A call to do so? Not so much. But when the President of the United States stands up and says we WILL. The Congress is growing increasingly out numbered, and it appears that they cannot hold out much longer, the price at the pumps PLUMMETED!
Now Nancey Pelosi knows this. They all do. But they will NEVER tell you this is why. She said this yesterday.
"Today, the price of oil per barrel dropped $6.44 in one day -- the second highest one-day drop in history -- when the Federal Reserve Chairman predicted lower U.S. oil consumption. The biggest drop in history came 17 years ago, when President George H.W. Bush released oil from the Strategic Petroleum Reserve in 1991 and the price per barrel dropped 34 percent in one day.
President Bush tells us that there are no quick fixes -- but history proves otherwise. President Bush should free our oil by releasing a small amount of oil from the Strategic Petroleum Reserve, and bring the price down further. Obstinance does nothing to help Americans struggling with record gas prices and a host of economic concerns."
That is without adding one drop of oil. NOT ONE DROP. That is from the mere mention of the possibility of us getting our own to use. Using OUR own resources that by all means, is MORE than that of all the Mid- East Countries combined. Imagine if we actually WERE drilling.
Even some retired "Experts" on BOTH sides get it. According to the AP- Energy tsunami coming, ex-policymakers warn
A bipartisan group of 27 elder statesmen is sending an open letter to both presidential candidates and every member of Congress saying the country faces "a long-term energy crisis" that threatens the security and prosperity of future generations if swift action isn't taken.
The group includes Henry Kissinger, Colin Powell and six other former secretaries of state or defense, former senators of both parties and a half dozen former senior White House advisers and other Cabinet officers for both Republican and Democratic presidents.
"We must re-examine outdated and entrenched positions," the group says in the letter to be sent Wednesday to the campaigns of Democratic presidential candidate Barack Obama and to his GOP rival John McCain, as well as members of Congress and all 50 governors.
"...Foremost we must rise above a partisan differences and be united in our efforts," they wrote.
They talk about what I have been saying. WE CAN DO BOTH. We can drill here, drill now, and pay less, WHILE we search out new and Alternative Energy Sources.
But retired Marine General James Jones, the institute's president, said the call to action reflects broad, bipartisan views and doesn't lean on one party or the other.
"There's an energy tsunami coming, and when you see it coming you better get on top of the wave, or you're going to get crushed by it," he said in an interview.
"We demand more energy and complain about high prices, but we restrict energy exploration and production. We embrace the promise of energy efficiency, but we are slow to make adjustments in our energy-intensive lifestyles," the letter says.
I love this.
Production of electricity, for example, is taken "almost for granted." At the same time, people oppose new power plants and don't want to invest adequately in energy technology research, the writers say.
In other words folks, saying something is bad and that there is a better way, yet not offering REAL solutions, is nothing more than pipe dreams and wonders. NOT SOLUTIONS.
Other senders of the letter include former Secretaries of State James A. Baker and George Shultz, former Defense Secretaries Frank Carlucci, William Cohen, William Perry and James Schlesinger; former senior White House advisers Howard Baker, Robert "Bud" McFarlane, Kenneth Duberstein and Brent Scowcroft; former Energy Secretaries James Watkins and Spencer Abraham; former CIA Director James Woolsey; former Commerce Secretary Donald Evans; former Democratic Sens. J. Bennett Johnston, Sam Nunn and Charles Robb; and former Republican Sen. George Allen.
Folks, EVERYONE is starting to get this. EVERYONE that is except Congress that are now the only ones standing in the way. When you go to the pump today remember one's fault it is that you are paying what you are. Remember yesterday's oil price plummet and WHY it happened. Realize that adding more oil to the market WILL WORK. Then go home and call your Congress person and say, ENOUGH IS ENOUGH. I'm mad as hell and I'm not going to take it any more. LIFT THE BAN ON DRILLING! Or make no mistake about it. WE will throw you out on your ARSE that you seems to refuse to get off of and do something about this. My kid needs to eat today. I need to go to work. It should not cost me a hundred dollars to fill my tank.
Peter
Sources:
Office of the Speaker of The House
AP - Energy tsunami coming, ex-policymakers
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