YES, You Can Blame The DEMOCRATS For The Fortune You're Spending At The Pump

[Pale Rider]

Dems Mock Bush-- Vow No New Drilling or Nuclear Plants!!

"All you have to do is drive down the street in your car, see the price at the pump, and you know that Americans can no longer afford George W. Bush as President and his Rubber Stamp Republican Congress."

Nancy Pelosi
April 26, 2006

Despite surging gas prices-- Democrats refuse to drill or develop national reserves. Democrats refuse to approve new refineries. Democrats refuse nuclear energy.
DEMOCRATS REFUSE TO ACT.


Democrats refuse to drill in ANWR or inside domestic "No Zones." (Senator Craig website)

Democrats promised they had a plan to cut energy prices--
So far they have not produced this plan.



(GP- US Regular Conventional Retail Gas Prices)
The Anchorage Daily News reported on the Democrat's response to this serious crisis:


Democrats pushed back, accusing Bush of trotting out old ideas and of favoring big oil companies at the expense of average Americans.

At a Democrat news conference where Sen. Charles E. Schumer, D-N.Y., said: "He says he's concerned with high gas prices and high food prices and student and home loan problems. But the truth is that the president has closed his eyes and put his hands over his ears as these crises have grown."

WOULD ANWR HELP?

Gov. Sarah Palin lauded Bush's call for ANWR exploration.

"President Bush is right. Here in Alaska and across the nation, communities are feeling the pinch of high energy costs. It is absurd that we are borrowing hundreds of billions of dollars from one foreign country to buy oil from another," she said. "It is well past time for America to develop our own supplies."

U.S. Sen. Lisa Murkowski, R-Alaska, spoke on the Senate floor on behalf of her bill, co-sponsored by Alaska Sen. Ted Stevens and others, to automatically open ANWR if the world oil price tops $125 a barrel for five days. This week oil prices pushed within $6 of that trigger, a price that just a few years ago seemed absurdly high. Murkowski's bill would channel the federal revenue from ANWR to alternative energy development, programs to help improve energy efficiencies and to those in need.

"Americans are tired of hearing about why the cost of energy is so high, what they want to know is what we in Congress are doing to drive down prices," Murkowski said.



Full article here...

[82Marine89]

Democrats pushed back, accusing Bush of trotting out old ideas and of favoring big oil companies at the expense of average Americans.

What a lying sack of shit. These bastard have the big five oil companies explaing their profits to a senate committee. They claim to be making approximately 8¢ per gallon. If the five companies have a combined profit of about $200,000,000,000.00 at 8¢ per gallon, the the federal government is bringing in approximately $450,000,000,000.00 at the 18¢ per gallon federal tax. What is their incentive to increase production? Maybe as people drive less and that revenue decreases, they will want to have lower prices and higher consumption.

[PostmodernProphet]

What a lying sack of shit. These bastard have the big five oil companies explaing their profits to a senate committee. They claim to be making approximately 8¢ per gallon. If the five companies have a combined profit of about $200,000,000,000.00 at 8¢ per gallon, the the federal government is bringing in approximately $450,000,000,000.00 at the 18¢ per gallon federal tax. What is their incentive to increase production? Maybe as people drive less and that revenue decreases, they will want to have lower prices and higher consumption.

reality check......the United States consumes approximately 146 billion gallons of gasoline per year.....

http://auto.howstuffworks.com/question417.htm

at 18¢ per gallon that generates a revenue of just over $26 billion.....if oil companies only make 8¢ per gallon, then the entire industry should be sharing a profit of around $12 billion.....yet, Exxon alone made $11.7 billion in profits in the 4th quarter of 2007......

[Pale Rider]

Fact remains, even after you have a discussion on who is making a profit, you can put the lions share of the blame for the $4 a gallon you're paying at the pump on the democraps.

[semi liberal girl]

reality check......the United States consumes approximately 146 billion gallons of gasoline per year.....

http://auto.howstuffworks.com/question417.htm

at 18¢ per gallon that generates a revenue of just over $26 billion.....if oil companies only make 8¢ per gallon, then the entire industry should be sharing a profit of around $12 billion.....yet, Exxon alone made $11.7 billion in profits in the 4th quarter of 2007......

Exxon paid over $30 bilion in taxes to the US government last year - a tax rate of over 40%. Then you have money from the gas tax, and royalties from oil leases

The government is the one making the windfall, not the oil companies

[Sitarro]

reality check......the United States consumes approximately 146 billion gallons of gasoline per year.....

http://auto.howstuffworks.com/question417.htm

at 18¢ per gallon that generates a revenue of just over $26 billion.....if oil companies only make 8¢ per gallon, then the entire industry should be sharing a profit of around $12 billion.....yet, Exxon alone made $11.7 billion in profits in the 4th quarter of 2007......

Exxon makes more products than just gasoline and gasoline is what your article was directed at. They didn't say fuel, does that mean they aren't counting jet fuel or diesel...... that isn't gasoline. Just out of Houston, Continental Airlines is burning at least 2,000,000 gallons of jet fuel per day, 365 days a year and that is a conservative estimate. Continental is the world's fifth largest airline and that is one city, Newark is burning as much or more since many TransAtlantic flights leave out of there.

Then there are the trucks that burn diesel, how many gallons is that per year?

Then there are all of the nonfuel products that are made from oil that Exxon would show a profit on.

[ranger]

Exxon paid over $30 bilion in taxes to the US government last year - a tax rate of over 40%. Then you have money from the gas tax, and royalties from oil leases

The government is the one making the windfall, not the oil companies

Exactly, that's why the government isn't doing anything about it except for the show trials designed to make congress look good and big oil look bad.

[Dilloduck]

Exactly, that's why the government isn't doing anything about it except for the show trials designed to make congress look good and big oil look bad.

It's vital that democrats KEEP Americans dissastified with the status quo although I'm sure the republicans would do it too if the shoe were on the other foot. It's the price we party for having our glorious 2 party system.

[semi liberal girl]

It's vital that democrats KEEP Americans dissastified with the status quo although I'm sure the republicans would do it too if the shoe were on the other foot. It's the price we party for having our glorious 2 party system.

Republicans have tried to bring the answer to high gas prices to pass, but the libs, greens, RINO's and enviro wackos have blocked every attempt

I have never seen a bunch of idiots like we have opposing drilling for our own oil. THey want high gas prices, and they want them higher before the election

That is one reason I am so pissed at my party. They want as many people as possible hurting so they can grab more power.

And guess what, they still will not do what is needed to solve the problem - they will only raise taxes and make the matter much worse

[Dilloduck]

Republicans have tried to bring the answer to high gas prices to pass, but the libs, greens, RINO's and enviro wackos have blocked every attempt

I have never seen a bunch of idiots like we have opposing drilling for our own oil. THey want high gas prices, and they want them higher before the election

That is one reason I am so pissed at my party. They want as many people as possible hurting so they can grab more power.

And guess what, they still will not do what is needed to solve the problem - they will only raise taxes and make the matter much worse

Yup--a great example of how Americans pay through the nose while our two parties posture for power.

[semi liberal girl]

Yup--a great example of how Americans pay through the nose while our two parties posture for power.

Yep, the Dems block all attempts to solve the issue, and idiots blame Republicans for not doing anything

Meanwhile, Dems want higher taxes on oil companies, and attack them for making a profit

Meanwhile the idiots who support Democrats think higher taxes on the oil companies will increase supply and lower the price at the pump

[PostmodernProphet]

Exxon makes more products than just gasoline and gasoline is what your article was directed at. They didn't say fuel, does that mean they aren't counting jet fuel or diesel...... that isn't gasoline. Just out of Houston, Continental Airlines is burning at least 2,000,000 gallons of jet fuel per day, 365 days a year and that is a conservative estimate. Continental is the world's fifth largest airline and that is one city, Newark is burning as much or more since many TransAtlantic flights leave out of there.

Then there are the trucks that burn diesel, how many gallons is that per year?

Then there are all of the nonfuel products that are made from oil that Exxon would show a profit on.

Crude oil output is key to the success of the company. Exxon said it produced 2.7 million barrels a day in 2006, and oil and gas production accounted for $26.2 billion, or two-thirds of the company's profit.

so adjust the numbers by a third.....it still far more than 8 cents.....

http://www.washingtonpost.com/wp-dyn...020100452.html

[PostmodernProphet]

Fact remains, even after you have a discussion on who is making a profit, you can put the lions share of the blame for the $4 a gallon you're paying at the pump on the democraps.

and the fact remains, if you repeat the oil companies statement that they are only earning eight cents per gallon, you are repeating an obvious lie.....

[semi liberal girl]

and the fact remains, if you repeat the oil companies statement that they are only earning eight cents per gallon, you are repeating an obvious lie.....

You are right - it is only a dime

[PostmodernProphet]

You are right - it is only a dime

actually, it's around $1.20 as I documented in an earlier thread.....