Hidden Agenda
The Democrats
secretly want high energy prices
The Democrats
are vacationing while the nation is
suffering with gas prices near $4 per
gallon. We also face a cold winter with
heating oil approaching $5 per gallon.
Yet, the Democrats wont permit
increased access to economically viable
oil deposits. Their arguments are so
blatantly illogical that they can only be
explained by deceit.
If Democrats want to maintain high energy
prices, forcing us to switch to
solar/wind power, they should be honest
and say so. They shouldnt lie about
their real intentions.
Congresswoman Tsongas article (see
page 24) provides a host of examples of
Democrat deception. Here are just a few:
Speculators: Tsongas claims that
speculators are the culprit and that
their speculation raises oil
prices $20 - $60 per barrel (an
unsupported and unlikely claim). But
speculation cuts both ways.
Speculators bet on prices going down as
well as up. Why does Tsongas think bets
accumulated on the up side?
And, why focus on oil and not sugar or
pork bellies? Could it be that analysts
foresee a pending oil shortage? Maybe we
should increase drilling and supply
instead of shooting the messengers!
ANWR vs Alaskas National Petroleum
Reserve Tsongas argues that the
oil companies should drill in Alaskas
National Petroleum Reserve (ANPR) instead
of ANWR. What she doesnt tell you
is that ANPRs oil is spread out
over more than 20 million acres while
ANWRs proposed production site
covers only 2,000 acres! Did she mention
that ANPR is 250 miles from existing
pipelines while the ANWR site is only 75
miles?
With environmental challenges sure to
stop drilling over such a wide area, not
to mention construction of such long
pipelines, the Democrats know that ANPR
oil production can and will be stopped in
the courts.
Looney Toon Economics: Tsongas tells us
that adding 70 thousand barrels of oil
per day to the world market will reduce
gas prices 25 cents. Later were
told we cant drill our way out of
this shortage because any new production
would not reduce the cost of gas by
more than a few pennies. But ANWR
is projected to produce over 700 thousand
barrels per day! By Tsongas
calculations, this should reduce the
price by $2.50 per gallon, not a
few pennies!
The Deception is Unending: Tsongas
stresses that not all current leases are
being drilled (many are uneconomical) and
that new production is ten years away
(many potential leases could produce in 3
to 5 years). She says oil companies wont
drill because there is little
incentive for them to take on the
financial risks of increased drilling.
But wont capitalist greed and
$130/barrel oil ensure drilling?
It is time stop the deception and come
clean. Either Democrats want the
productive resources of America to fix
this problem or they want to permanently
cripple us with high energy prices to
serve their own global warming,
big-government agenda. Just tell us the
truth.
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