Hey folks,
Welcome back. OK, so what is this all about. This "Bipartisan" energy proposal? Well, according to USA Today - Energy expected to top congressional agenda WASHINGTON — South Dakota Sens. John Thune and Tim Johnson will provide bipartisan support for legislation addressing high energy and gas prices when Congress resumes business this week.
A bipartisan group of 16 senators is promoting an energy proposal that includes allowing oil drilling off the coasts of Virginia, North Carolina, South Carolina and Georgia, if their governors and legislatures approve, and spending $20 billion on an effort to move away from gasoline-powered vehicles within 20 years. Four more senators are expected to sign on this week.
"(Lawmakers) heard over the month of August that (the people) want us to do something, even though we're getting a lot of criticism from folks on the right and the left," said Thune, a Republican, who was part of the original bipartisan Gang of 10 that crafted the compromise proposal in July. "Most Americans believe that we ought to put the politics aside and actually try and pass an energy bill that would so something to reduce gas prices."
Yes but NOT with all the garbage you have put in to it.
Johnson said he joined the effort because he sits on the Senate Energy and Natural Resources Committee and because it needs all the bipartisan support it can get. Johnson, a Democrat, said he's disappointed the proposal doesn't include opening up the California coast to drilling or cracking down on energy market speculators.
{Laughing} He is upset that he will not get a cut of the insane taxes and money that the States will get. Nor is he happy that they will not be able to control the MARKET. {Sigh}
"It's a compromise and the plan is OK as a compromise," Johnson said. "I would encourage California and the East Coast and the Gulf Coast as possibilities, but the idea of four states to be left open (for drilling) ... Is a good thing."
However, lawmakers are pressed for time because of a shortened schedule in a presidential election year.
First up on the Senate's agenda will be a bill to increase oversight of energy trading markets by the Commodity Futures Trading Commission to try to prevent companies from engaging in excessive speculation. That legislation could be expanded to other far-reaching energy proposals, said Bill Wicker, spokesman for the Senate Energy and Natural Resources Committee.
Control of the FREE Market folks. Remember this.
Senate Democrats also have planned an energy summit for Sept. 12 in Washington to find areas of agreement between the parties.
In the House, the Democratic leadership has its own plan to boost alternative forms of energy, require oil companies to pay royalties for drilling in the Gulf of Mexico and open up some coastal areas to drilling, but no vote has been scheduled.
Nor is it likely.
"Addressing our nation's energy imperatives will be the subject of great rhetoric and rancor, but likely — and unfortunately for the American people — not action," said Kateri Callahan, president of the Alliance to Save Energy.
ABSOLUTELY!
Texas oilman and billionaire T. Boone Pickens jumped into the energy debate this year and said the U.S. has become too dependent on foreign oil. Pickens, who plans to build a huge wind farm in Texas, is running TV ads touting his plan to use more renewable energy to ultimately replace imported oil.
"I say drill, drill, drill, but the debate misses the point," Pickens says. "Either way, we'll still be dependent on foreign oil and on the way to the largest transfer of wealth in the history of mankind."
Absolute BUNK! If we drill here, drill now, we WILL pay less. We WILL be less dependant on those that hate us. We will have MORE freedom to seek alternatives. We WILL not be beholden to the ridiculous rhetoric that says we must not harm the planet. It will be proven that this will do no such thing. It will become the norm, and Americans will be FAR better off than we are now.
This proposal has some good points to it. But at the same time, some very BAD ones. The Bad is what is cancelling out the good. OK, I'll tell you that you now have permission to increase the size of your house to double. All you have to do is come up with the cost, the way to do it. Then when you have that all figured out, you have to pay me $1 million dollars. Just because. So let's say you come up with the cost and the way to do it, are you really going to bother if you have to then pay me $1 million? Or will you just be content in living the way you are? Get the point?
Be right back with the REALITY of this proposal. Analyzed by the experts.
Peter
Sources:
USA Today - Energy expected to top congressional agenda
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