Friday, December 18, 2009

How is the USA drilling for more oil going to help with rising oil prices?

The American people would never see any of it. Because it would just be sold to other countries like were doing now.


Instead on the Dems trying to save the enviroment why not just come out and tell the real story.How is the USA drilling for more oil going to help with rising oil prices?
As long as the Commodities Futures Modernization Act goes unchanged nothing anyone does will matter. You can drill your little hearts out and completely destroy the environment, but nothing will change as long as speculators are allowed to run amok.





Simply adding the words ';and energy'; to the Commodities Futures Modernization Act would bring gas prices down overnight.





80% of all known oil off the continental shelf of the United States have already been granted permits to drill, but those that would do the drilling are sitting on those permits. Ask yourself why.How is the USA drilling for more oil going to help with rising oil prices?
I just watched CNN’s international Channel(3pm EST), breaking the news that oil price spikes again. But the anchor and the reporter assert it is China’s diesel demand contributed to the hike.





Waited a sec ! It is already THIRD time I am hearing CNN’s assertion of China’s diesel demand. The first time was about two weeks ago. What’s going on?





Then, Israel’s-Iran-attack-drill news flashing back-------Which Was Just Happened This Morning ! That “unmistakable signal” is surely an act to have a consequence of oil supply disruption ! Why is it not reported as a oil spiking cause ? !





Time to scapegoat China again before a major offensive ? To verify, I went to CNN web site , there it is :





China hikes fuel prices http://money.cnn.com/2008/06/20/news/int…





China to raise energy prices


http://money.cnn.com/2008/06/19/news/int…





But nowhere saying that Israel’s-Iran-attack-drill will unstablize the oil supply region, causing the oil price up.





For Israelis Iran Strike Drill see


http://www.jpost.com/servlet/Satellite?c…
It's not. Considering that it takes about 10 YEARS for a new oil field to come on line... any drilling done now won't be felt until 2018 at the earliest. It's just MORE BUSH LIES because his OIL COMPANY HANDLERS want to drill in ANWAR and in the offshore areas around the U.S. Coast...
Trust me, it won't help at all, especially if it is Americans doing the drilling, they like to be paid much better salaries and American products are all ways more expensive, keep dreaming
It's called supply and demand. If the supply of oil goes up the demand goes down. Basic math people.
Theres only one simple answer for this; ';SCREW GEORGE W. BUSH!!!

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