Showing posts with label Gas Prices. Show all posts
Showing posts with label Gas Prices. Show all posts

Monday, August 11, 2008

Fisking Bachmann's Energy "Policy"

H/T to Ollie for pointing this one out...

A LTE appears in the Marshall Independent, taking Congresswoman Bachmann to task for her flawed energy "policy".
In his letter to the editor on Thursday, July 31, George Korver repeats Rep. Bachmann's claim that the Arctic National Wildlife Refuge (ANWR) is a "barren wasteland" because, among other things, it has no trees. We are lucky that Ms. Bachmann is not our representative - what would she make of our treeless prairies?

However, the real problem with Rep. Bachmann's argument is her assumption that tapping ANWR will bring gasoline back down to $2 a gallon. This is unlikely, even if off-shore drilling is added to the mix - a proposal advocated by the Fairmont Sentinel in an editorial reprinted in the Independent on Monday. Fuel prices have gone up because of increased demand in China and India, where capitalism has taken off in recent years, creating industrial growth and a growing middle class. People in these countries have embraced the post-World War II U.S. model for economic growth, but have also embraced many of the material aspects of that growth, including the desire for a family car (and for more animal protein - which, as any informed farmer will tell you, is the principle reason for higher grain and fertilizer prices worldwide).

For instance, nearly 30 percent of the population of India is now considered "middle class," a small percentage compared to the U.S., but when one considers that the total population of India is 1 billion, one realizes that India's middle class is now as large as the entire population of the United States. If they own and operate cars like we do in the U.S. - a growing possibility, given that one Indian automobile manufacturer is now planning to produce a car that sells for $3,000 -the demand for oil and gas resources worldwide will increase exponentially, which means that Rep. Bachmann's dream of returning to $2-a-gallon gas is that much less likely. After all, drilling off-shore and in ANWR would only produce a "drop-in-the-bucket" which may temporarily lessen the U.S. dependence on foreign oil, but it would not even come close to completely ending that dependence, even in the short-term.

There are chiefly two ways to lower gas prices: reduce consumption and replace the gas-powered internal combustion engine. We have dramatically seen how reducing consumption has lowered gas prices this summer - it is the chief reason that the price-per-gallon has dropped more than 30 cents since June. This is nearly unprecedented: when was the last time we witnessed a drop in gas prices in the middle of summer? U.S. consumers are responding to high gas prices by driving more efficient cars and using them less. The government can help lower consumption further by supporting and subsidizing more public transportation. Imagine what would happen to the price per gallon if all the folks in the Twin Cities left their cars at home and starting taking buses and light rail - we here in southwest Minnesota would see lower gas prices in a jiffy. This will also create jobs.

We can expect auto-makers - both here and abroad - to respond to high gas prices by increasing fuel efficiency in their products, but government has a role to play by encouraging the research and development of even more fuel efficient technology, with the goal of replacing as much as possible the use of oil and gasoline. This private sector-government cooperation brought us the technological innovations of the 1990s, with its ensuing economic boom led by U.S. citizens. The current energy and food crises offers us an opportunity to change the world economy positively through improved technology and more efficient consumption; our example can also improve the energy efficiency of the growing economies of China and India as well. It is exciting to think how the people of this country can be leaders in this transformation.

The alternative - continuing to embrace 20th-century habits and technologies as implied by drilling for more oil - will only stall the inevitable, and can even have far more dangerous consequences: competing for scarce energy resources could very well lead to a Third World War. I prefer not to contribute to such an apocalypse, and I am sure Mr. Korver does not want to either.

I would caution Mr. Korver from being taken in by Rep. Bachmann's flawed logic on the energy question. She certainly seems to be advocating the position of the oil companies, who would benefit enormously by encouraging consumption and by drilling off-shore and in ANWR. I wonder who paid for her junket to ANWR anyway?

Thomas J. Williford
History professor, Southwest Minnesota State University

Bachmann's lock step march with fringe Republicans and Big Oil is no surprise to her constituents. She's been AWOL for nearly 2 years in CD 6, holding no forums or townhall meetings to discuss matters with those she "represents".

Enjoy your "vacation" Congresswoman Bachmann, while your colleagues hold golf fundraisers and you gallivant across the US to discuss energy in Alaska and New Orleans, you leave your constituents behind.

Saturday, July 19, 2008

Brian Davis joins Bachmann and Kline in disregard of oil prices

Jeff Rosenberg, writing at Minnesota Campaign Report, has quickly become one of my favorite bloggers!

He writes about Bachmann and Kline's hypocrisy on oil prices. Simply put, Michele Bachmann and John Kline will only support their solution to the energy crisis in America. Their solution, drill everywhere and drill now.

Brian Davis continues to ride Bachmann and Kline's coattails on this issue while continuing in his failure to provide a reasonable bi-partisan solution.

Ollie provides insight into the latest Brian Davis attack release.

She provides the Walz press release on the Davis attack and the DRILL Act.
As usual, millionaire Dr. Brian Davis is distorting the facts. In today’s negative attack, Dr. Davis accuses Walz of voting against new oil drilling. But his facts are wrong. Tim Walz proudly co-sponsored H.R. 6515, the DRILL Act, which would increase our domestic oil supply by speeding the development of the National Petroleum Reserve – Alaska, fast-tracking completion of its oil pipeline so we can bring that oil to market, stopping Alaskan oil from being sold to the Chinese and other foreign nations, and passing ‘Use It or Lose It’ which makes oil companies drill on the leases they have or give them up to another company. Republicans in Congress stopped the bill because it didn’t include enough favors for their friends and contributors at Big Oil. Once again, the Davis plan favors Big Oil and partisan politics, while Tim Walz’ plan helps middle-class families through common sense solutions." Chris Schmitter, Campaign Manager, Tim Walz for U.S. Congress

Isn't it common sense to make the oil companies drill on land they already have a lease on?

Thursday, July 03, 2008

John Kline's CD 2 No Constituent Tour

If you're reading this...you're probably not important enough to attend.

Steve Sarvi held a public press conference this past week to talk about energy issues.

John Kline will go on a secret tour of energy facilities.

The saga in CD 2 continues. Kline's constituent outreach is pathetic. So, in order to smooth things over with a disgruntled electorate, Kline decides that he must embark upon a super secret energy tour.

Now, I understand the security measures needed for nuclear power plants and a refinery. The measures are pretty high, and should be. Kline will surely emerge from from the tour and issue a press release that says...

"Offshore drilling is a must."

"We must drill in ANWR."

"We must increase the number of refineries in America."

He'll probably puppet a few points Congresswoman Bachmann made in her infamous gas station press conference a few weeks ago.

Although, the constituents of CD 2 are not invited. Kline does not want to meet with the electorate that is growing more and more disenfranchised by Kline's embodiment of Bush Cheney energy policy. In fact, his secret meetings are consistent with Cheney's secret energy policy meetings.

"I have a specific itinerary, not for public consumption, which is why I’m not issuing a press release." Troy Young, Congressman Kline's Communications Director.

Seems like John Kline's day to day activities are never for public consumption for his constituents in the second. Unfortunately for Congressman Kline, people are beginning to wake up to Kline's lackluster Congressional record and shoddy constituent services.

Tuesday, June 17, 2008

Bachmann's "No More Excuses Energy Bill": Did Donna Rice come up with this?

Someone needs to help out the NRCC with their slogans, their marketing.

Seriously.

"The Change You Deserve"?

No Excuses Bills?

Damn...

At least Tinklenberg gets it!

Yep, I said it. He gets it.

A "no more excuses energy bill"?

What's next?

A "No More Excuses Veterans Bill of 2008"?

A "No More Excuses Health Care Bill of 2008"?

A "No More Excuses in Iraq Bill"?

Please Congresswoman, no more "No More Excuses".

No more grandstanding.

No more gamesmanship.

We need solutions, not slogans.

Bachmann is plenty smart. She knows that the energy crisis we are in now is due to a decade of GOP control of Congress. At this point, we are feeling the terrible fiscal tails of flawed GOP policy. This policy is hurting working and middle class Americans, who have less disposable income.

Giving up Federal land for oil refineries? Seriously? We knew Republicans were in bed with the oil companies, but seriously!

If a lack of refineries was the actual problem, why didn't Republicans offer "no excuses" from 1997-2007? They had ample opportunity.

Carbon Dioxide tax credits are in the bill as well. CARBON DIOXIDE TAX CREDITS!

Carbon tax credits are linked to...GLOBAL WARMING!
Accordingly, a carbon tax is effectively a tax on the use of fossil fuels, and only fossil fuels. Some schemes also include other greenhouse gases; the global warming potential is an internationally accepted scale of equivalence for other greenhouse gases in units of tonnes of carbon dioxide equivalent.

Wow, did Bachmann even read this bill? Did Brian Davis read it? Both are staunchly opposed to any argument that global warming exists.

Or, did they just like the catchy name?

Let me guess, Marcus pulled out some old "No Excuses" jeans from the Donna Rice era and broke out his beatbox to his favorite Sir Mix A Lot jams...

I digress...

We need to decrease our reliance on foreign oil. Truscott gets it right. Chris worked for Bob Olson, I supported him at one time.
On Sept. 20, 2007, I tried to be even more “to the point” with a candidate whose heart and mind were clearly elsewhere:Gas prices. Gas prices. Gas prices. Gas prices. Gas prices. Gas prices. Gas prices. In a district like the 6th, nobody can get by without a car. They all feel the “pain at the pump.” To talk about transportation or energy without mentioning one of the few issues on which (almost) everyone agrees makes a candidate seem out of touch. (Footnote: See George H.W. Bush on the price of milk.)

But Olson was far more interested in lecturing on windmills (his expertise)—and eventually his campaign, for many reasons, became an exercise in tilting at them. Fortunately, DFL-endorsed candidate Elwyn Tinklenberg isn’t making that mistake.

While ExxonMobil-funded Bachmann is now trying to paint herself as the champion of Minnesota drivers (fuel consumers), Tinklenberg is exposing her breath-taking hypocrisy on the issue and offering common-sense solutions. His big-picture approach on a consensus issue isn’t just good politics, it’s good public policy.

A comprehensive approach is needed. Not a summer before the election excuse of a bill.

Voters are smarter than this, we see through the election year politics. This bill is politics and offers no solutions.

Saturday, June 14, 2008

The "Wanna Save On Gas" Fallacy

After seeing the "Wanna Save On Gas, Vote (R) in November" posts popping up all over the right wing blogosphere and the feeble attacks of Brian Davis and Michele Bachmann.

Right wing bloggers are trying to make an argument that GOP energy policies, if passed, would lower a tank of gas from $4.00 per gallon to around the $2.07 range.

They chant on a consistent basis that no new refineries have "come on line" since 1976, blaming Democrats for that.

Who's controlled the House and the Senate over the years?

Since the 95th Congress, Democrats have controlled the Senate in the 95th, 96th, 100th, 101st, 102nd, and 103rd Congress'. Republicans have controlled the Senate in the 97th, 98th, 99th, 104th, 105th, 106th, 108th, and 109th Congress'. The 107th and 110th were split.

In the House, Democrats have had a little more control, holding a majority from the 95th through the 104th Congress', Republicans in control the 105th through the 109th and Democrats taking back the House for the 110th.

Republicans have had ample opportunity to pass legislation to allow for more refineries. In fact, they had a good opportunity from 1997 to 2007 to create the "Change We Deserve".

They did nothing.

In fact, with no Democratic majority from 1997-2007, the spike in gas prices could be explained in several ways.

It's easy to argue that the oil companies are in the pockets of Republicans. Too easy...

Truth be told, the 106th Congress is the cause of our $4.00 a gallon gas. Both the House and the Senate were controlled by Republicans for the 106th.

The only practical difference between futures look-alike contracts and futures contracts is that the look-alikes are traded in unregulated markets whereas futures are traded on regulated exchanges. The trading of energy commodities by large firms on OTC electronic exchanges was exempted from CFTC oversight by a provision inserted at the behest of Enron and other large energy traders into the Commodity Futures Modernization Act of 2000 in the waning hours of the 106th Congress.

The impact on market oversight has been substantial. NYMEX traders, for example, are required to keep records of all trades and report large trades to the CFTC. These Large Trader Reports, together with daily trading data providing price and volume information, are the CFTC’s primary tools to gauge the extent of speculation in the markets and to detect, prevent, and prosecute price manipulation. CFTC Chairman Reuben Jeffrey recently stated: “The Commission’s Large Trader information system is one of the cornerstones of our surveillance program and enables detection of concentrated and coordinated positions that might be used by one or more traders to attempt manipulation.”

We're feeling the fiscal tails of this bad legislation now.

The lack of oversight in the oil speculation markets is the biggest cause of our gas price hikes. Drilling in ANWR and off our coasts is a band-aid solution. Fuel efficient vehicles, slowing our addiction to petroleum, utilizing alternative energy sources, and regulating the oil speculation markets will provide the gas price sticker shock relief we truly need.


Tuesday, June 10, 2008

Steve Sarvi Video: 4

With gas hitting $4 across the Metro yesterday, the video hits us at the right time!

It's a great video, enjoy!