To know where Democrats in Washington stand on increasing oil supply, one only needs to look at what they are doing and what they want to do.
They want to . . .
- Punish the oil industry with higher taxes. This punishes everyone in the form of higher gas prices at the pump.
- Control the oil industry by telling them where they must drill. They whine about the 8 million acres in the Gulf of Mexico that are not as promising, efficient, or as easy to get to than the millions of acres on land and in other places in the surrounding Gulf, the Atlantic and Pacific Oceans, and ANWR that they demand are off-limits. If it is harder to get to and has less capacity, it will be more expensive at the pump. Not less.
- Control the auto industry by telling them what kind of cars to build and what kind of ‘performance’ they must have. Right now, GM for example, pays out more in benefits to people that no longer work for them (retirees) than their current employees. In total, they pay out more in benefits than they are making from sales. They pay more for health care for people that don’t work for them than steel for making their product.
- And right now, Speaker of the House Nancy Pelosi (D-CA) is refusing to send a bill (H.R. 6566) to the floor of the House for a vote that, if passed, will remove the ban on exploration and drilling in all the areas with the most potential. Why is she doing this? Because there are enough Democrats in the House that believe it is the right thing to do and will vote for it. And the last thing Pelosi wants to see is gas prices come down and the economy improve while there is a Republican in the White House. She cares more for her party and holding power than the welfare of the country and you.
- Prevent development of what is potentially as much as 800 billion barrels of oil shale in Colorado. Rush Limbaugh explains this point in this video, below.
related links: How About An Energy Policy That Gets Some? | Chavez May Thank Democrats for H.R.5351 | National Energy Day
