09-26-2005, 09:23 PM #1Former Member
- Join Date
- Aug 2003
Bush Ready to Tap Oil Reserve
Anyone think this is a good idea?
NEW YORK (CNN/Money) - President Bush said Monday his administration is willing to release supplies from the nation's strategic oil reserve to deal with oil shortfalls caused by hurricanes Katrina and Rita.
09-26-2005, 09:25 PM #2Former Member
- Join Date
- Apr 2004
He has already done this once. Well at least it is something.
09-26-2005, 11:34 PM #3
The oil has to be refined, though. It is refining capacity that we also get behind on.
09-27-2005, 01:17 AM #4Former Member
- Join Date
- Jun 2005
I don't understand what the White House hoped to achieve with the President's press conference today on America's oil refinery problems in the Gulf.
The President is right that we probably have too little refinery capacity fueling the U.S. market, but the "alternative fuels" strategy he is suggesting is ad hoc and isn't serious. He suggested that he feels strongly about "nuclear" as an option. And he said, that we all need to conserve gas.
What kind of national leadership is that? If he wants to put a comprehensive energy strategy on the table -- that reaches beyond simple dependence on fossile fuels -- then maybe nuclear energy is part of that package instead of huge subsidies to the already profit rich big oil companies.
However, what exactly is the package of alternative fuel sources that his administration is willing to invest in? He said nothing about that.
It's the biggest case of denial since the release of the Grand Jury report on the Philadelphia Archdiocese. Did or did not the Bush II White House propose cutting all subsidies to public transportation including Amtrak and now he is telling people to take public transportation? Did or did he not pooh-pooh all suggestions to improve energy efficiency not just for cars but all appliances? Did or did he not suggest highway administrations at the state level build toll roads so people could go as fast as they wanted?
Until we get an administration serious about America's energy future, perhaps the President and VP could use fewer of those roaring black SUVs that race behind their limos all over Washington and wherever...
09-27-2005, 01:37 AM #5Originally Posted by GonzoReiter
Like you said, he is speaking out of the other side of his mouth.
09-27-2005, 01:47 AM #6Originally Posted by Marthatex
09-27-2005, 02:34 PM #7
The administration opted, in the energy bill recently passed, to not impose higher mileage standards for automakers.
Instead, we hear, "Let's all pitch in". "Don't go on that trip if you don't have to".
Right. I'm cancelling my airline reservations now that I made two months ago.
So would we rather impose on the automakers, with incentives of course, to make better cars? Or would we rather "all pitch in"?
The newspapers all emphasize that Bush is an "oil man" and understands these things. Didn't his oil company go South?
Even more concerning is the price of natural gas, which has climbed even more than gasoline recently. From the New York Times: "Households are on pace to spend an average of $4500 on energy this year, up about $500 from last year and $900 more than 2003."
Yes, we're set to drill in Alaska and along the gulf, but oil from Alaska may not be that much. we definitely need a strong energy and conservation policy. We live a delicate balance every day.
09-27-2005, 02:41 PM #8Originally Posted by Marthatex