I won't post too much political stuff here, but I'm so blown away by the actions of our nations leaders on the subject of oil that I can't help but share my thoughts.
Nancy Pelosi, third in line for our Presidency, has been calling for the release of 70 million barrels from our nations Strategic Oil Reserve. That's right, all it will take is Bush choking on a pretzel and another Cheney heart attack and this genius could be calling the shots of the most powerful country in the world.
"Matt", you say, "How in the world could you be against a plan to lower oil prices!?!?". Fair question until you find out that we import 12 million barrels a day and the current consumption rate is around 20 million barrels a day. So the best plan our nations leaders can come up with is to deplete 10% of our nations oil reserve set aside for defense and emergencies, to save ourselves six days worth of imported oil!
What makes this all even scarier is the fact that this plan almost became a reality with a House vote of 268-157 last week! Almost two-thirds of the vote was in favor of this doomed plan. Hard to believe, even for Washington.
Ok, it's off my chest and I promise not to do that too often.
2 comments:
If the Fed raised intrest rates 1% it would do more to combat oil prices than any plan mentioned thus far. Paloski has acomplished little to nothing over the last year and a half she has been in her position as have the "democratic" congress.
You're right, but Obama ha san even better plan as outlined below...
"Making sure your tires are properly inflated, simple thing, but we could save all the oil that they're talking about getting off drilling, if everybody was just inflating their tires and getting regular tuneups," Obama said. "You could actually save just as much."
Good stuff.
I'll post pictures from our Greenway ride last week to counter all this political BS. I just couldn't help myself.
Post a Comment