McCain up in polls. 20% of White Woman voters shift.

Saying drilling now won't solve anything now is true. Saying it won't solve anything in the future is bullshit. It's called countermeasures.
 
[quote name='KingBroly']Saying drilling now won't solve anything now is true. Saying it won't solve anything in the future is bullshit. It's called countermeasures.[/QUOTE]

That's actually completely backwards...

Allowing companies to drill, even if no company drills, will lower prices. Congress simply saying "Okay, you can drill" will lower speculative prices. It's a market of futures, and allowing the supply to increase in the future lowers the price today.

However, by the time we actually see that oil, if oil companies even choose to drill it, it will no longer matter.
 
[quote name='n25philly']Do you not realize that the money was given to Alaska for infrustrcture and that's exactly where the money went? It simply went to different projects. What do you think she pocketed it?[/quote]

I believe others have stated the money is residing in an Alaskan bank without being challenged.

If that is true, then, yes, the money has been pocketed.

See, a reformer doesn't reform a crooked system by knowing how to game the system.

A reformer states the system is crooked and tries to modify it for the better.

Of course, the methods to reform the system can generate a skeleton of contention with different parties.
 
For those of you that consume gasoline, the station I bought gas yesterday for $3.599 at 10AM and $3.859 at 2PM is now selling the same gasoline for $4.099.

Is that because the price of oil has gone up 14% in the last day?

Wait, it hasn't?

To the brilliant one stating there are no alternatives readily available, what is T. Boone Pickens talking about then?

I'm no fan of his plan (a giant handout to wind farm owners such as himself), but those cars running on natural gas already exist and they are already produced by the same companies we have in the United States.

Does anybody want to argue these companies couldn't be generating Natural Gas cars by 2010?

Does anybody want to argue that said Natural Gas cars wouldn't have a bigger impact on the price of oil (and gasoline) than possible oil supply improvements in 2018?
 
[quote name='n25philly']Where are you getting your informtion, Obama's plan is to raise capital gains to 39%, not 20.[/quote]

Firstly, Obama - http://www.barackobama.com/pdf/taxes/Factsheet_Tax_Plan_FINAL.pdf

But also www.taxpolicycenter.org, which uses his stated plan anyway, obviously, so it has the same data just with more examination into its effects on people's income.

Obama's plan has income tax increase to 39.6% in the top bracket, so you might have gotten confused by that.
 
[quote name='KingBroly']Saying drilling now won't solve anything now is true. Saying it won't solve anything in the future is bullshit. It's called countermeasures.[/QUOTE]

You should look up the definition of "solved" I have seen it argued that it will help but solve the problem?

Not at all, not even close.
 
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[quote name='mykevermin']I remember when the original talk of hitting up ANWR centered around the mere promise of oil. But its contents are uncertain, and that it would take a decade to get rolling.

And now I'm supposed to believe that it's an immediate fix, unlike searching for and transitioning to non-fossil fuel sources. Because we want our immediate gratification!

Boy howdy, those folks are gonna be pissed when they discover how the monied interests on the right pulled the wool over their eyes again, and we won't have a domestic increase in supply until 2018 at the earliest.

QUICK FIX NOW! QUICK FIX NOW! QUICK FIX NOW!

As for Congress - who am I fooling? You're a blithering idiot. Yes, Congress gets the profit. For every gallon of gas you buy, Nancy Pelosi gets 45 cents towards her next gay marriage. Robert Byrd gets 45 cents that he puts in his pocket and gives to a POOR PERSON! Dennis Kucinich (Representative, I know, but bear with me here) gets 45 cents towards a package of 'soysage'.

Yeah, because corporate profits and tax revenue are so fuckin' comparable. Grow up or stop typing. You aren't doing yourself any favors.[/quote]

Oh, Mr. Vermin, your hangover is hurting your debate skills.

Big Oil "makes" 10 cents per gallon of fuel sold. Where does that 10 cents go? Big Oil's back pocket aka profit.

The amount of money Big Government "makes" per gallon of fuel sold is irrelevant. The money "made" goes into infrastructure such as highways, bridges, levees and secondary roads aka not profit. If government chose to no longer repair roads and such, what market would Big Oil have in 5 years? Here's a hint: none.

If Chevron was filling in the pot holes, the Big Government making more money per gallon of gas than Big Oil might be valid.

Gubmint creates the environment Big Oil requires to survive.
 
[quote name='fatherofcaitlyn']For those of you that consume gasoline, the station I bought gas yesterday for $3.599 at 10AM and $3.859 at 2PM is now selling the same gasoline for $4.099.

Is that because the price of oil has gone up 14% in the last day?

Wait, it hasn't?
[/QUOTE]

It's likely because of Ike.

Which is further evidence of just how sensitive gas prices are to speculation.

I would still love to see Newt's plan put into effect; to release half the oil reserves into market. Then, every couple months, announce we are going to do it again, and only do so half the time. Watch how many people dare gamble on the oil speculation market after that. I seriously think that would shave 80 cents a gallon, permanently, right there.
 
[quote name='thrustbucket']It's likely because of Ike.

Which is further evidence of just how sensitive gas prices are to speculation.

I would still love to see Newt's plan put into effect; to release half the oil reserves into market. Then, every couple months, announce we are going to do it again, and only do so half the time. Watch how many people dare gamble on the oil speculation market after that. I seriously think that would shave 80 cents a gallon, permanently, right there.[/quote]

Well, I guess I can give you half credit.

Yes, prices are higher because of Hurricane Ike. There's your half point.

Here's where you are wrong. Gas prices have not increased in the last day due to speculation. Gas prices have increased because refineries that transform oil into gasoline are shut down. What happens when demand curve is constant and the point on the supply curve is kicked back to the left? Price has to go up to taper demand or there is a shortage.

While I liked the Contract with America, Newt's plan for oil prices is crap. Why? A responsible government doesn't actively lie to its people.

Furthermore, releasing oil into a system that can't process it into gasoline doesn't change anything.
 
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