George even I'm not buying this one

[Bitek]

Originally posted by: Helenihi
The reserve is for emergencies, having to pay a few bucks extra for gas is not an emergency. This is the correct course of action, and I can't believe people are bitching about it. Greedy little fu cks. Its especially funny coming from liberals who normally want higher prices on gas to get people to use it less.

As long as people continue to pay 4 bucks for a cup of coffee at starbucks they have no right to complain about paying 2 bucks for a gallon of gas.

And all of you know that if he did release oil, you'd all be bitching that he was just lowering prices to get elected.

Cool, the censors must be stuck on a Jrun error!

😎

Edit, doh, not for me!

 

[Hayabusa Rider]

Kerry and others are not talking about releasing the reserves, but to stop adding to them for now. The "tank" is almost full, and we can stop diverting oil to it for the time being. I think those who are arguing for releasing them are wrong as it will help just about as much as Bush's energy initiatives. Little to none.

 

[chess9]

Actually, I agree with HS, although I'm sure the doctor's presciption was written with invisible ink.

Americans must stop using non-renewable energy sources at such high levels.

FWIW, this isn't a liberal vs. conservative issue, but one of good sense. All these unregulated tankers, diesel trucks, and gazillion cars are ruining our air and affecting our eco-system.

Do Republicans think they are going to morph into carbon dioxide breathing plants? 🙂 Uh, oh, I think I just fed someone a great lead-in. Who will it be?
🙂
-Robert

 

[heartsurgeon]

I would love to see electric cars or hybrids become more popular

people vote primarily with their wallets.

when gas gets expensive enough..electric cars will look desirable. hybrids are the future..i believe that toyota plans to have all hybrid cars by 2010..

once again, i will say it for those who believe what Kerry and the Dems are saying about the SPR is anything other than pure politics..

oil is purchased months in advance with contracts.
the oil flowing into the SPR has already been purchased. to stop "filling" the SPR means we are going to sell off the contracts...no different whatsoever from actually selling oil right out of the reserve. the reason we are "filling" the SPR is because Clinton drained it to help generate a budget surplus. Yes, you heard it right...clinton sold off strategic assets fro a one time "pop" of income to help reduce the federal budget deficit. You are now paying off a debt that Clinton generated back in 1995, 1996. The only other thing Clinton did to reduce the budget deficit was to slash the Military Budget. He called this "reducing the size of the Federal Goverment" We're paying that back too now...

you want to spend less on gas?
stop joy riding
start car pooling (hey you kids probably never even heard of that)
shut your freaking computers and tv's and lights off when you leave the room
turn the AC off and open a window
hang your clothes out to dry rather than using the dryer..
ride a bicycle.

quit trying to blame Bush for your voracious fuel appetite.
wait till the Chinese and Indian economies get even bigger...these two countries can drive commodity prices sky high as they start to approach "western" standards of living.

we need nuclear power..
the Japanese figured this out during a oil shortage in the 70's.
the French are over 70% nuclear in their domestic energy consumption

 

[datalink7]

Originally posted by: heartsurgeon
why aren't any of you liberals spouting off about the real problem...

we use to much oil..

cut back, conserve, drive less, stop overclocking, turn ythe airconditioner off and open the window, and get John Kerry (a highly decorated Vietnam Veteran) to fly around inhis gulfstream jet less often...he burns up enough fuel on a one hour junket to fuel my car for 4 years....

I agree. We do use too much oil. We need to develop an alternative source of energy, the quicker the better.

 

[Strk]

Originally posted by: heartsurgeon

I would love to see electric cars or hybrids become more popular

people vote primarily with their wallets.

when gas gets expensive enough..electric cars will look desirable. hybrids are the future..i believe that toyota plans to have all hybrid cars by 2010..

once again, i will say it for those who believe what Kerry and the Dems are saying about the SPR is anything other than pure politics..

oil is purchased months in advance with contracts.
the oil flowing into the SPR has already been purchased. to stop "filling" the SPR means we are going to sell off the contracts...no different whatsoever from actually selling oil right out of the reserve. the reason we are "filling" the SPR is because Clinton drained it to help generate a budget surplus. Yes, you heard it right...clinton sold off strategic assets fro a one time "pop" of income to help reduce the federal budget deficit. You are now paying off a debt that Clinton generated back in 1995, 1996. The only other thing Clinton did to reduce the budget deficit was to slash the Military Budget. He called this "reducing the size of the Federal Goverment" We're paying that back too now...

you want to spend less on gas?
stop joy riding
start car pooling (hey you kids probably never even heard of that)
shut your freaking computers and tv's and lights off when you leave the room
turn the AC off and open a window
hang your clothes out to dry rather than using the dryer..
ride a bicycle.

quit trying to blame Bush for your voracious fuel appetite.
wait till the Chinese and Indian economies get even bigger...these two countries can drive commodity prices sky high as they start to approach "western" standards of living.

we need nuclear power..
the Japanese figured this out during a oil shortage in the 70's.
the French are over 70% nuclear in their domestic energy consumption

European cars are also over 40% diesel. You also have companies like DaimlerChrysler's Smart cars(that roaderster looks so fun) and such.

Also, I've heard 2012 for Toyota, although it could be 2010.

 

[DAGTA]

Peak oil.

Bush is an idiot but he's worked with and around oil much of his life. He knows the peak oil theory.

 

[BaliBabyDoc]

Originally posted by: heartsurgeon
why aren't any of you liberals spouting off about the real problem...

we use to much oil..

cut back, conserve, drive less, stop overclocking, turn ythe airconditioner off and open the window, and get John Kerry (a highly decorated Vietnam Veteran) to fly around inhis gulfstream jet less often...he burns up enough fuel on a one hour junket to fuel my car for 4 years....

Ditto. We need some real leadership on this issue.

As for all the dimwits (from Bush on down) that keep ranting about "emptying the SPR" . . . keep it real or shut up. Everybody with more than 2 working neurons knows refining capacity (and the multiplicity of fuel formulations) would limit any withdrawals from the SPR to merely a trickle.

 

[rchiu]

Hmm....let's see, we are paying a price at pump that we haven't seen in almost 20 years, and what Bush says?

On the one hand, they decry the price on the pump and on the other hand, they won't do anything about it. They won't take action. Congress needs to pass the energy plan

Let's see what his energy plan does:

-Tax breaks and incentives for energy company
-Relax policy to extracting natural resources from government lands, including national forests and wilderness areas.
-and last but not least, protect Texas petrochemical makers of MTBE from product liability lawsuits, retroactive to Sept. 5, 2003.

Oh and Exxon Mobil is the number 1 most profitable company in the US with 21.5Billion profit (amazingly beating out pharmaceutical comapanies), ChevronTexaco and ConocoPhilips rank 13 and 20 respectively(March 2004, CNN/Money). Like they need more tax breaks and incentive?

Yeap, that's right, somebody is holding American public and politician hostage with the high oil price and try to pass an energy plan that does nothing but handout to already filthy rich oil companies.

 

[ECUHITMAN]

Originally posted by: heartsurgeon
why aren't any of you liberals spouting off about the real problem...

we use to much oil..

cut back, conserve, drive less, stop overclocking, turn ythe airconditioner off and open the window, and get John Kerry (a highly decorated Vietnam Veteran) to fly around inhis gulfstream jet less often...he burns up enough fuel on a one hour junket to fuel my car for 4 years....

Maybe I missed something along the way. I though Liberals did say that we use too much oil. I thought Liberals were pushing for cutting back, driving less and using higher fuel-efficient cars. Since when have conservatives ever been for anything that would actually help the environment? I mean I always thought big oil had the entire Republican Party in their back pocket, but I could be wrong.


BTW, why do you want people to stop overclocking? Does it actually use that much more power?

 

[smashp]

Originally posted by: heartsurgeon

I would love to see electric cars or hybrids become more popular

people vote primarily with their wallets.

when gas gets expensive enough..electric cars will look desirable. hybrids are the future..i believe that toyota plans to have all hybrid cars by 2010..

once again, i will say it for those who believe what Kerry and the Dems are saying about the SPR is anything other than pure politics..

oil is purchased months in advance with contracts.
the oil flowing into the SPR has already been purchased. to stop "filling" the SPR means we are going to sell off the contracts...no different whatsoever from actually selling oil right out of the reserve. the reason we are "filling" the SPR is because Clinton drained it to help generate a budget surplus. Yes, you heard it right...clinton sold off strategic assets fro a one time "pop" of income to help reduce the federal budget deficit. You are now paying off a debt that Clinton generated back in 1995, 1996. The only other thing Clinton did to reduce the budget deficit was to slash the Military Budget. He called this "reducing the size of the Federal Goverment" We're paying that back too now...

you want to spend less on gas?
stop joy riding
start car pooling (hey you kids probably never even heard of that)
shut your freaking computers and tv's and lights off when you leave the room
turn the AC off and open a window
hang your clothes out to dry rather than using the dryer..
ride a bicycle.

quit trying to blame Bush for your voracious fuel appetite.
wait till the Chinese and Indian economies get even bigger...these two countries can drive commodity prices sky high as they start to approach "western" standards of living.

we need nuclear power..
the Japanese figured this out during a oil shortage in the 70's.
the French are over 70% nuclear in their domestic energy consumption

I do agree on the Nuclear Power Portion, except I dont Really Trust many Corporations to Safely run a reactor these Days. Not When The Bottom dollar is the Bottom Line.

That Is ONE market i would definately regulate More. Thats close to one of the only ones of Importance.

And the Reason why many companies arent interested in it.

Maybe One Day, They will be able to get electric from Cow poop

 

[Helenihi]

Originally posted by: Strk
European cars are also over 40% diesel. You also have companies like DaimlerChrysler's Smart cars(that roaderster looks so fun) and such.

Also, I've heard 2012 for Toyota, although it could be 2010.

I'd love to see diesel become more popular in the US, but I doubt it will happen. US diesel fuel is crappy quality compared to Europes and won't burn as clean, but even if it did, states like California will never allow it, even if it is cleaner than regular fuel (you get much better mileage with diesel, more miles on less gas is better for the air).


Electric cars are a bad idea, until the power grid is running off clean sources of energy they may be worse for the environment than a regular car. 50% of US energy comes from coal, and ultimately electric cars are getting their energy from whatever is powering the grid. Not to mention their horribly toxic batteries.

 

[Wolfdog]

All I read is blah.blah.blah. Most of which is Bushist appologism. Bush promised that the American public wouldn't be gouged at the pump, but he has allowed gas prices to go up fir the THIRD time unchecked. Releasing SPR oil isn't the solution to the real issue here folks. It takes some REAL leadership coming from the governmnet to put down the hurt on the petroleum horizontal and vertical monopolies that are taking place here. There is no oil shortate, or gas for that matter. If that were the case then we would start to see some WWII era rationing. What is happening is that the government is letting the petroleum conglomerates gouge the crap out of the American public. There has been blame on mega-SUV's, lack of refinery capasity, oil shortages, but that is all PR spin that the whitehouse has been shoveling on by the truckload. Bush sold out the steel workers, and now he is selling out the american worker. Not to mention the billions of dollars that are being siphoned off the economy right now by the petroleum monopolies. If he isn't careful the recession will come back full bore. The true effects won't come until late this summer when gas prices reach the magic "$3" mark. We are already starting to see companies like UPS and Fedex pass along the extra amounts to thier customers. Less money to spend for almost everyone means less money to spend period. Now I don't own a mega-suv, but am becoming more and more disgruntled by this lack of leadership in the whitehouse. Bush told us he would get this handled weeks ago, and still nothing has happened. Renewable energy is still 5+ years off, with some serious problems with recoverability in accidents and the like happening now. Thats right HASMAT is getting trained in some areas to report to hybrid car accidents. Nothing like a ruptured fuel cell to erode away the already poor roads. America needs clear and concise leadership right here and now, with a leader that will actually do what he says. I'm still waiting for the gas prices to go down, just like Bush has promised. With election year coming up he is SOL if he doesn't remedy the situation.

 

[DLzone]

Originally posted by: WinstonSmith
Kerry and others are not talking about releasing the reserves, but to stop adding to them for now. The "tank" is almost full, and we can stop diverting oil to it for the time being. I think those who are arguing for releasing them are wrong as it will help just about as much as Bush's energy initiatives. Little to none.

Thank you! Someone actually read the article! The issue here is not releasing the reserves but to stop adding to them for now.

 

[Ryan]

Originally posted by: DLzone

Originally posted by: WinstonSmith
Kerry and others are not talking about releasing the reserves, but to stop adding to them for now. The "tank" is almost full, and we can stop diverting oil to it for the time being. I think those who are arguing for releasing them are wrong as it will help just about as much as Bush's energy initiatives. Little to none.

Thank you! Someone actually read the article! The issue here is not releasing the reserves but to stop adding to them for now.

But adding to them is not effecting prices significantly. If releasing the reserves barely puts a dent in prices, why would filling them at a slower rate (than they would be released) raise prices?

 

[SViscusi]

Just a little info on SPR and what conditions it should be used in

Under EPCA, there is no preset "trigger" for withdrawing oil from the SPR. Instead, the President determines that drawdown is required by "a severe energy supply interruption or by obligations of the United States" under the International Energy Agency. EPCA defines a "severe energy supply interruption" as one which: 1) "is, or is likely to be, of significant scope and duration, and of an emergency nature;" 2) "may cause major adverse impact on national safety or the national economy" (including an oil price spike); and 3) "results, or is likely to result, from an interruption in the supply of imported petroleum products, or from sabotage or an act of God." Should the President decide to order an emergency drawdown of the SPR, oil would be distributed mainly by competitive sale to the highest bidder(s). This would be accomplished in a 4-step process, including a "Notice of Sale," receipt of bids, selection of bidders, and finally delivery of oil.

 

[SViscusi]

Originally posted by: rbloedow

Originally posted by: DLzone

Originally posted by: WinstonSmith
Kerry and others are not talking about releasing the reserves, but to stop adding to them for now. The "tank" is almost full, and we can stop diverting oil to it for the time being. I think those who are arguing for releasing them are wrong as it will help just about as much as Bush's energy initiatives. Little to none.

Thank you! Someone actually read the article! The issue here is not releasing the reserves but to stop adding to them for now.

But adding to them is not effecting prices significantly. If releasing the reserves barely puts a dent in prices, why would filling them at a slower rate (than they would be released) raise prices?

Here is the amount of crude we're going to purchase over the next few months.

Ignoring the fact that purchasing crude now, when prices are as high as they are, is so incredibly stupid that whomever thought of it should be immediately castrated in hopes of removing them from the gene pool, you tell me what effect it would have.

Remember we are entering the summer months, oil use is only going to go up as people begin to travel, and the economy is just starting to get some momentum (baring the last 2 weeks). If you were the president and you saw that the SPR is 92% filled already, wouldn't it make sense to atleast stop filling the reserves and taking out a pretty substansial amount of crude off the market?

 

[Format C:]

The problem with gas prices has nothing to do with the supply, the demand, or refinery capacity. The rising prices are being driven solely by futures speculations in the stock market with those being pushed by fears that the situation in the middle east is not going at all well and is going to get worse. Gee, I wonder just who and what could be fueling all that fear?